Technology, Media, & Telecom

New York, September 2023: According to a new research study by Global Insight Services (GIS), the Music Event Market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 487 billion by 2032.

Music events are musical performances that include singing and instrument playing with an emphasis on musical genres, which include classical, rock, pop, and metal. Music concerts and music festivals are among the most well-known music events held across the world. These musical events draw a large teenage population in a specific location, allowing the organizers to gain significant cash from sponsorships and merchandising items.

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Music Event Market: Market Drivers and Trends

The rise in the music tourism across the world, Furthermore, the growing fame of musicians and artists throughout the world, as well as their growing international fan base, contribute considerably to the expansion of music tourism. Furthermore, prominent musicians are embarking on musical tours to supplement their income. Live concerts are a big draw for the audience and music fans, and they help musicians make a livelihood. The growing relevance of live performances throughout the world is increasing the amount of music tourism. It is making a substantial contribution to the expansion of the worldwide music event sector. Tomorrow Land, Boston Calling, NH7 Bacardi, Lollapalooza, and Wacken Music Festival are among the well-known music festivals.

Furthermore, the growth in the adoption of digital technologies has emerged as a key driver of the animal model business. The rising ubiquity of online ticket-booking services that include Book My Show, Ticketmaster, and SeatGeek has resulted from the increased acceptance of digital technology, enabling ticket booking simple and easy for customers. The growing number of Internet and smartphone users has made it easier for event planners and customers to sell and acquire tickets swiftly and conveniently. Based to the International Telecommunication Union, about 4.9 billion people, or 63% of the world’s population, will have internet connectivity in 2021. During the projected period, rising internet penetration is predicted to drive the growth of worldwide music event revenues from ticket sales. These drivers are likely to propel market expansion.

Music Event Market: Market Restraints and Challenges

Virtual and online music event competition: The emergence of virtual and online music events poses a substantial challenge to the traditional music event sector. These digital alternatives provide ease and accessibility, which may drive crowds away from live events.

Consumer attitudes and habits are changing, posing a danger to the music event sector, such as the increased need for personalized experiences and a preference for different entertainment alternatives. To accommodate these evolving demands, event organizers must adapt and innovate. Hence, these factors are expected to restrain growth of the market during the forecast period.

Music Event Market Report Findings

https://www.globalinsightservices.com/reports/music-event-market/

The tickets segment is likely to hold the major share of the market in 2022

Based on revenue source, the Music Event Market is segmented into tickets, sponsorships, and others. The tickets segment is expected to dominate the market during the forecast period. Ticket sales revenue is a key source of money for music-organizing organizations. Tickets are offered through a variety of venues, including counters and internet sites. Furthermore, the growing global internet penetration and the growth in the trend of utilizing mobile applications for reserving live events, concerts, and other music performances have significantly increased the selling of tickets through online platforms. Online ticket purchasing services which include BookMyShow, Ticketmaster, StubHub, SeatGeek, and Ticketplease.com have quickly acquired popularity among the general public, particularly among young people, who are the major audience for music events. Furthermore, the surge in smartphone use and internet users is likely to boost tickets income creation in the near future.

The pop segment is likely to hold the major share of the market in 2022

By genre, the market is classified into rock, pop, EDM, and others. The pop segment dominated the market in 2022 in terms of revenue and is expected to dominate the market during the forecast period. The enormous popularity of the pop genre among young people has resulted in tremendous commercial expansion. According to the International Federation of the Phonographic Industry’s (IFPI) Music Consumer Insight Report 2018, around 64% of the worldwide population listens to pop music.

The music concerts segment is likely to hold the major share of the market in 2022

Based on type, the Music Event Market is segmented into music festivals, concerts, shows, and others. In 2022, the music concerts segment dominated the market in terms of revenue and is expected to be the same during the upcoming years. The increased number of musical performances by several notable performers throughout the world is resulting in the holding of a large number of music concerts. In accordance to Live Nation Entertainment, a global leader in the music event industry, ticket sales are up 45% in 2022, and the concert pipeline is up 30%.

The 21 to 40 years segment is likely to hold the major share of the market in 2022

Based on age group, the Music Event Market is segmented into below 20 years, 21 to 40 years, and above 40 years. The 21 to 40 years segment is expected to dominate the market during the forecast period. The working people and the youth spend a large part of their disposable money on entertainment. Furthermore, the growing popularity of nightclubs, raves, and bars within this age group is increasing the selling income of the global music event industry.

The male segment is likely to hold the major share of the market in 2022

Based on gender, the Music Event Market is segmented into male, and female. The male segment is expected to dominate the market during the forecast period. Since the involvement of male customers is notably high at music festivals around the world, especially in emerging economies. The growing male fan base of popular artists and singers including Rihanna, Eminem, Bruno Mars, Calvin Harris, and Katy Perry is a crucial element in attracting male customers to music concerts and events throughout the world. In accordance with the FACTS Survey 2020, over 70.3% of male acts were conducted globally between 2017 and 2019. Male consumer crowds are drawn in by the significant engagement of the male population as entertainers. Furthermore, males make up the majority of the working population, particularly in developing and undeveloped nations. As a result of the high disposable income of male customers, revenue creation from the male sector in the worldwide music event business has expanded.

The Europe region is accounted for the majority of market share in 2022

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Europe has the biggest market share in terms of Music Event Market value followed by Asia Pacific. This is due to the existence of well-established facilities and connectivity, a growing number of internationally recognized music festivals, thriving music tourism, and the expanding usage of digital technologies are among the key factors that contribute considerably to the growth of the Europe music event industry.

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Competitive Landscape

The key players studied in the Music Event Market are Basset Events, Inc., Rafanelli Events, Inc., Eventbrite, Inc. , Outback Presents, LLC. , Access Destination Services , Carlson, Inc., Anschutz Entertainment Group, BCD Group, Insomniac Holdings. LLC., and Colin Cowie Lifestyle among others.

Music Event Market: Recent Developments

• In 2021, Gaiety Investments, an Irish entertainment firm, has struck a collaboration with Live Nation Entertainment. The goal of this cooperation was to increase Live Nation’s footprint in Ireland and the United Kingdom by using Gaiety’s experience in live event production and promotion. The collaboration sought to provide audiences in these locations with a varied selection of music events and experiences.
• In 2020, Eventbrite, a major concert discovery and live music recommendation website, has partnered with Bandsintown, an online booking and event technology platform. Through Bandsintown’s enormous network of music enthusiasts, this cooperation aims to provide Eventbrite’s event organizers with additional marketing and promotion capabilities. The objective was to increase ticket sales and attendance at live music events.
• In 2018, AEG Presents, a significant worldwide live entertainment organization, have bought The Bowery Presents, a prominent independent concert producer located in New York. This acquisition boosted AEG Presents’ position in the competitive New York City market, boosting the company’s capacity to organise and produce live music events across the city’s many venues.
• In June 2021, Genoway S.A. has announced a non-exclusive licence arrangement with ERS Genomics Limited. The arrangement gives GenOway access to ERS Genomics’ CRISPR/Cas9 patent portfolio in the past and in the future.

Music Event Market Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current Music Event Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• The report also covers qualitative as well as quantitative analysis of Music Event Market in terms of revenue ($Billion).
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Music Event industry.
• A thorough analysis of market trends and restraints is provided.
• By region as well as country market analysis is also presented in this report.
• Analytical depiction of the Music Event Market along with the current trends and future estimations to depict imminent investment pockets. The overall Music Event industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
• Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Music Event Market are also analyzed.

Music Event Market Segmentation

By Genre

• Rock
• Pop
• EDM
• Others

By Type

• Music Festivals
• Music Concerts
• Music Shows
• Others

By Age Group

• 21 to 40 Years
• Above 40 Years
• Below 20 Years

By Gender

• Male
• Female

By Revenue Source

• Tickets
• Sponsorship
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The U.K.
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
  • Sweden
  • Switzerland
  • Denmark
  • Finland
  • Russia
  • Rest of Europe
• The Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Indonesia
  • Taiwan
  • Malaysia
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Basset Events, Inc.
• Rafanelli Events, Inc.
• Eventbrite, Inc.
• Outback Presents, LLC.
• Access Destination Services
• Carlson, Inc.
• Anschutz Entertainment Group
• BCD Group
• Insomniac Holdings. LLC.
• Colin Cowie Lifestyle

Online Video Platform Market to Reach US$ 38.6 Bn by 2032, driven by the rising popularity of online videos, with viewership steadily surpassing traditional video content platforms such as cable and satellite television: Global Insight Services

New York, August 2023: According to a new research study by Global Insight Services (GIS), the global Online Video Platform market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 38.6 Billion by 2032.

Online video platform” (OVP) refers to a software as a service (SaaS) model for licensing online video content that enables video producers to input, convert, manage, publish, analyze, store, and monetize online video. To process and deliver online video material to the target audience, an OVP is utilized. Some services allow users to stream live videos in addition to providing recorded, on demand video. Media and entertainment organizations are focusing more on OVPs to efficiently manage, publish, and monetize video content.

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Online Video Platform Market: Key Trends and Drivers

A significant driver propelling the growth of the Online Video Platform (OVP) market is the escalating global demand for digital content consumption across various industries and sectors. As internet penetration continues to expand and bandwidth capabilities improve, consumers’ preferences have shifted towards video-based content for entertainment, education, communication, and business purposes. This surge in demand has prompted businesses, educational institutions, media companies, and individuals to seek comprehensive and user-friendly OVP solutions that facilitate the creation, management, distribution, and monetization of videos. The OVP market’s growth is further fueled by the increasing popularity of live streaming, on-demand video services, and the integration of videos into social media platforms, driving the need for sophisticated OVPs that offer seamless playback, adaptive streaming, analytics, security features, and cross-device compatibility. As the digital landscape continues to evolve, the Online Video Platform market is positioned to flourish, catering to the burgeoning appetite for high-quality video content and transforming the way information is consumed and shared.

Online Video Platform Market: Restraints & Challenges

Increasing saturation and competition within the industry. As the demand for digital content and video streaming services continues to surge, numerous players, ranging from established giants to emerging startups, are vying for a share of the market. This intense competition exerts pressure on pricing strategies, innovation, and content quality, leading to potential challenges for smaller OVPs to differentiate themselves and maintain profitability. Additionally, the rapidly evolving technological landscape necessitates continuous investments in infrastructure, security measures, and scalability, imposing financial constraints on OVPs striving to keep up with ever-growing user expectations. This restraint underscores the need for strategic differentiation, sustainable business models, and efficient resource allocation within the Online Video Platform market.

Online Video Platform Market Report Findings

https://www.globalinsightservices.com/reports/online-video-platform-market/

The Video Processing segment is likely to hold a dominant Online Video Platform market share and grow at a substantial CAGR during the forecast period.

On the basis of type, it is segmented into Video Processing, Video Analytics, Video Hosting, Video Content Management, Mobile Video, Live Steaming, and Others. The Video Processing segment is expected to grow at the significant CAGR during the forecast period. These platforms offer a range of functionalities, including streamlined IP conversion, efficient transcoding with high density, adaptive bitrate packaging, encryption, and modular visual solutions. Such comprehensive offerings enable broadcasters to cost-effectively provide online video solutions for both live streaming and video-on-demand services. Many platforms also offer personalized video experiences based on factors like user behavior, location, demographics, and even hyper-personalized content involving preference settings and multi-language support.

Whereas, the video management segment accounted for xx% revenue share in the online video platform market in 2022. The rise of video management platforms can be attributed to their features such as optimized search capabilities, which facilitate efficient video indexing, particularly when dealing with large video files. However, it’s the video analytics segment that is anticipated to exhibit the highest Compound Annual Growth Rate (CAGR) during the forecast period. This growth is primarily driven by the continual advancements in video reporting structures, encompassing insights into video consumption patterns, geographical reach, campaign engagement, and providing a comprehensive view of Return on Investment (ROI).

The Video Sharing segment is anticipated to hold a majority of the Online Video Platform market size throughout the study period.

By application, the industry is classified into Video Sharing, and Commercial Video platforms. Among these video sharing segment accounted for significant market share in 2022. As users across the globe increasingly turned to digital platforms for content consumption and interaction, the demand for seamless and user-friendly video sharing experiences surged. This trend translated into substantial revenue growth for online video platforms that facilitated the creation, uploading, and sharing of videos, spanning a diverse range of genres and interests. With its expansive reach and pervasive influence, the video sharing segment underscored its pivotal role in shaping the contemporary digital entertainment and communication landscape, solidifying its position as the primary driver of revenue within the Online Video Platform market.

The Media & Entertainment segment is anticipated to hold a majority of the Online Video Platform market size throughout the study period.

By End-User, Online Video Platform Market has been segmented into E-learning, Media and Entertainment, BFSI, Retail, IT and Communications, and Other End Users. During the year 2022, the media and entertainment sector accounted for the significant market share. This dominance is projected to endure throughout the foreseeable future. The sector experienced notable expansion attributable to the rapid proliferation of mobile internet connectivity and substantial global investments directed towards enhancing the infrastructure for Over-The-Top (OTT) services. Moreover, the escalating investment influx into live streaming of sporting events is anticipated to have a pivotal role in fostering the growth of the media and entertainment industry. Additionally, factors such as the increasing demand for original content, the advent of advanced streaming platforms, and the integration of augmented reality (AR) and virtual reality (VR) experiences into entertainment are also poised to contribute to the sector’s continuous evolution. Furthermore, the emergence of interactive and personalized content delivery models, coupled with the expansion of digital advertising strategies, is expected to fuel the momentum of this industry segment.

The North America region is estimated to exhibit the highest growth rate during the Online Video Platform market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America dominated the revenue share in 2022. This is due to the integration of advanced 5G network technology, enhancing the speed and agility of online video platforms. Notably, a growing multitude of U.S. businesses are leveraging these platforms to enhance brand identity by showcasing their products and services. Concurrently, Europe, which held the second-largest market share in 2019, is anticipated to experience steady growth, driven by the widespread availability of high-speed internet.

Conversely, the Asia Pacific region is forecasted to exhibit the most robust Compound Annual Growth Rate (CAGR) over the projected period. This projection is underpinned by the burgeoning demand for video-on-demand and live streaming content across online video platforms within the media and entertainment sector. The surge in internet accessibility across the region further contributes to this expansion. The surge in popularity of user-generated video content on free video hosting platforms, notably YouTube, is a notable trend. The Asia Pacific region stands to gain the most from this phenomenon due to its immense global population and the escalating penetration of internet services. Additionally, the inclusion of live video streaming features on social media platforms such as Facebook and LinkedIn is amplifying the overall user count on online video platforms.

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Competitive Landscape

The key players in the Online Video Platform Market are Ooyala Inc., MediaMelon Inc., Akamai technologies, Kaltura Inc., Panopto, Brightcove Inc., Frame.io, Inc., Limelight Networks Inc., YouTube, and Comcast Technology Solutions, among others.

Recent Developments in the Online Video Platform Market:

• In August 2020, Vidyard announced the availability of its video collaboration and communication tools for android and made it available for 1.6 billion users across the world, along with a free extension for Microsoft Edge users. This allows various business professionals to record and send meeting recaps, team updates, video introductions, among other functionalities from their device.
• In April 2020, Akamai, a U.S.-based content delivery network company, announced a partnership with Verimatrix, a cyber-security company based in the U.S. The partnership is aimed to provide secure watermarking capabilities. Watermarking provides a session-based, user-specific tracking and source identification, which allows broadcasters to trace sources of pirated content in real-time.
• In March 2020, Brightcove Inc. announced that due to the global COVID-19 pandemic and to protect its customers, employees, and the broader community, its PLAY 2020 event will not have a physical component in Boston this year. Instead, Brightcove will launch PLAY TV, an innovative, over-the-top streaming experience with the most, must-watch content focused on video. Starting in May, PLAY TV will be available to viewers globally, at no cost, on mobile devices and the web.

Online Video Platform Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current Online Video Platform Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• The report also covers qualitative as well as quantitative analysis of Online Video Platform Market in terms of revenue ($Million).
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Online Video Platform industry.
• A thorough analysis of market trends and restraints is provided.
• By region as well as country market analysis is also presented in this report.
• Analytical depiction of the Online Video Platform Market along with the current trends and future estimations to depict imminent investment pockets. The overall Online Video Platform industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
• Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Online Video Platform Market are also analyzed.

Global Online Video Platform Market Segmentation

By Type

• Video Processing
• Video Analytics
• Video Hosting
• Video Content Management
• Mobile Video
• Live Steaming
• Others

By Application

• Video Sharing
• Commercial Video platforms

By End-user

• E-learning
• Media and Entertainment
• BFSI
• Retail
• IT and Communications
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The U.K.
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
  • Sweden
  • Switzerland
  • Denmark
  • Finland
  • Russia
  • Rest of Europe
• The Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Indonesia
  • Taiwan
  • Malaysia
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Akamai Technologies, Inc.
• Alphabet Inc.
• Brightcove Inc.
• Comcast Corporation
• Frame.Io, Inc.
• Kaltura Inc.
• Limelight Networks, Inc.
• Mediamelon, Inc.
• Ooyala, Inc.
• Panopto Inc.

Network Analytics Market to Reach US$ 8.6 bn by 2032, driven by increasing adoption of cloud based services: Global Insight Services

New York, August 2023: According to a new research study by Global Insight Services (GIS), the global Network Analytics Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 8.6 bn by 2032.

Network analytics entails leveraging big data concepts and tools to effectively manage and safeguard data networks. Such analysis tools find particular relevance in organizations with intricate networks or stringent security requirements. To enable comprehensive network analytics, user-facing elements characteristic of big data are indispensable. These encompass extensive dashboards, powerful ad-hoc querying and reporting capabilities, along with versatile and interactive visualization tools that facilitate the exploration of relationships, trends, and anomalous events.

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Network Analytics Market: Key Trends and Drivers

Exponential growth of data and the increasing complexity of modern networks. As the digital landscape continues to evolve, organizations are generating vast amounts of data from various sources, including mobile devices, IoT devices, social media platforms, and cloud applications. This data explosion poses significant challenges for businesses in terms of managing, securing, and optimizing their networks effectively. Network analytics solutions play a crucial role in addressing these challenges by providing advanced tools and technologies to monitor, analyze, and interpret network data in real-time. These solutions empower businesses to gain valuable insights into network performance, traffic patterns, and security threats, enabling them to proactively detect and mitigate issues, improve operational efficiency, enhance user experiences, and make informed strategic decisions. As the demand for robust network analytics solutions continues to rise, fueled by the ongoing digital transformation and the proliferation of interconnected devices, the network analytics market is expected to witness substantial growth in the coming years.

Network Analytics Market: Restraints & Challenges

The high cost of network analytics solutions poses a significant restraint on the network analytics market. As businesses and organizations increasingly recognize the importance of leveraging data insights to optimize their networks’ performance and security, the demand for advanced network analytics tools is on the rise. However, the substantial financial investment required to implement and maintain these solutions can deter many potential customers from adopting them. Smaller enterprises and budget-conscious organizations may find it challenging to justify the expense, especially when considering other competing IT priorities. Additionally, the high cost may limit the accessibility of these solutions to a narrower pool of customers, slowing down the overall growth and adoption of network analytics technologies.

Network Analytics Market Report Findings

https://www.globalinsightservices.com/reports/network-analytics-market/

The cloud segment is anticipated to hold a majority of the Network Analytics Market size throughout the study period.

Based on the deployment, the Network Analytics market is divided into On-Premise, and Cloud. Of these, the on-premise segment registered significant revenue in 2022. The cloud segment dominated the market in 2022. This is due to the increasing adoption of cloud infrastructure by businesses. Cloud-based network analytics solutions offer scalability, flexibility, and cost-effectiveness, making them highly attractive for enterprises of all sizes. With the rise of distributed workforces and IoT devices, the demand for advanced analytics tools capable of handling vast volumes of data has surged. Cloud-based network analytics provides real-time insights into network performance, security threats, and user behavior, empowering organizations to optimize their resources and enhance operational efficiency. As cloud-based applications and services become more prevalent, traditional on-premises solutions struggle to handle the complexity, further driving the market’s shift towards cloud-based analytics.

The integration of AI and machine learning algorithms enhances these solutions’ capabilities, making them predictive and proactive in addressing network issues. As cloud computing continues to be a dominant force in the business world, the cloud segment in the network analytics market is poised for continuous growth and innovation, revolutionizing network management practices.

The into network intelligence solution segment is anticipated to hold a majority of the Network Analytics Market size throughout the study period.

By component, the industry is bifurcated into network intelligence solution, and services. In 2022, the integration & deployment segment held the significant revenue share. This is owing to increasing adoption of network intelligence solutions across various industries. Network intelligence solutions play a crucial role in optimizing network performance, enhancing security, and improving overall operational efficiency. As organizations increasingly rely on complex and distributed networks to support their operations, the demand for advanced analytics tools to monitor, analyze, and manage network infrastructure has surged.

Moreover, growing need for real-time insights into network behavior. With the proliferation of IoT devices, cloud-based applications, and data-intensive services, traditional network management approaches have become inadequate. Network intelligence solutions offer advanced capabilities such as predictive analytics, anomaly detection, and automated network optimization, enabling businesses to proactively identify and address potential issues before they escalate. Additionally, the rising concerns over cybersecurity threats have further fueled the adoption of network analytics tools to monitor and protect network environments from potential breaches and attacks. As a result, the network analytics market is projected to experience robust growth in the coming years, as organizations recognize the strategic importance of network intelligence in achieving seamless and secure digital operations.

The Customer Analysis segment is likely to hold a dominant Network Analytics Market share and grow at a substantial CAGR during the forecast period.

Based on application, the industry is categorized into Customer Analysis, Risk Management, Fault Management, Network Performance Management, Compliance Management, and Quality Management. The Customer Analysis segment accounted for the significant revenue share in 2022. Companies have recognized the immense value of understanding their customers’ behavior, preferences, and needs to optimize their services and enhance customer satisfaction. Network analytics has played a crucial role in capturing and analyzing vast amounts of customer data, providing actionable insights to businesses. By leveraging advanced algorithms and machine learning techniques, companies have been able to identify patterns and trends in customer behavior, segment their customer base, and personalize their offerings accordingly. This targeted approach has not only led to increased customer loyalty but has also contributed significantly to revenue growth as businesses can focus their resources on meeting specific customer demands effectively.

Furthermore, the increasing adoption of smart devices and the exponential growth of internet usage have bolstered the demand for network analytics in the Customer Analysis segment. The proliferation of IoT devices and the interconnectedness of various systems have generated an unprecedented amount of data, presenting both challenges and opportunities for companies. Network analytics has proven indispensable in handling and making sense of this data deluge. By analyzing customer interactions across different channels and touchpoints, businesses have been able to gain a comprehensive understanding of the customer journey. This, in turn, has enabled them to optimize their marketing strategies, develop personalized recommendations, and proactively address customer pain points. As companies continue to recognize the importance of data-driven decision-making, the Customer Analysis segment in the network analytics market is poised to experience sustained growth, making it a focal point for innovative solutions and technological advancements.

The Cloud Service Providers segment is anticipated to hold a majority of the Network Analytics Market size throughout the study period.

Based on end-user, the Network Analytics market is divided into Cloud Service Providers, Managed Service Providers, Telecom Providers, and Others. The Cloud Service Providers segment is anticipated to grow at a promising CAGR during the forecast period. The network analytics market has witnessed significant growth in recent years, with Cloud Service Providers (CSPs) playing a pivotal role in driving this expansion. As businesses increasingly rely on cloud-based services, the demand for robust network analytics solutions has surged, and CSPs have been quick to respond to this opportunity. With their expansive global data centers and vast networks, CSPs are well-positioned to offer sophisticated analytics services to their customers. These providers offer a wide array of network analytics solutions, including real-time monitoring, traffic analysis, security threat detection, and performance optimization. By leveraging their extensive infrastructure and expertise, CSPs can deliver scalable and efficient analytics services, enabling businesses to gain valuable insights into their network operations, enhance security measures, and improve overall network performance.

Furthermore, CSPs’ commitment to innovation and continuous improvement has further fueled their growth in the network analytics market. As technology advances and data volumes continue to soar, CSPs have invested heavily in developing cutting-edge analytics tools powered by machine learning and artificial intelligence. These advanced capabilities enable businesses to extract meaningful patterns and trends from massive data sets, leading to better decision-making and enhanced operational efficiency. Additionally, CSPs’ ability to offer a seamless integration of network analytics with their broader suite of cloud services has been a key differentiator. This integrated approach allows businesses to access comprehensive insights into their cloud-based infrastructure, applications, and services, thereby optimizing their overall cloud experience and driving greater customer satisfaction. As the demand for cloud services continues to rise, Cloud Service Providers are poised to maintain their strong growth trajectory in the network analytics market, strengthen their position.

The North America region is estimated to exhibit the highest growth rate during the Network Analytics Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America holds the largest market share in the Network Analytics industry, owing to the early adoption of network analytics tools by leading players in the region. North America is renowned for its technological advancements, with businesses in the region exhibiting a inclination for adopting emerging technologies promptly. The United States and Canada play pivotal roles in the technological development of the area, with many US businesses heavily investing in network analytics to leverage insights from network traffic, thereby enhancing customer service and network efficiency. This commitment to embracing new technologies has positioned North America as a leader in the global tech landscape, with the region’s progress likely to shape the future of network analytics and related technologies.

The United States, has witnessed a rise in cloud-based analytics start-ups with a specific focus on network analytics, further reinforcing its dominance in the market. The country’s extensive use of network analytics technologies has solidified its position as the biggest market for this technology. The rapid expansion of the network analytics market in the United States can be attributed to the country’s robust infrastructure development and the substantial growth of cutting-edge technologies including the Internet of Things (IoT), artificial intelligence (AI), machine learning (ML), and cloud computing. The region’s increasing vulnerability to cyber-malware attacks on networks, coupled with high technology adoption rates, is expected to further contribute to market growth. Additionally, the presence of prominent telecom companies like AT&T and Verizon, which extensively employ network analytics, further boosts the region’s market dominance.

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Competitive Landscape

Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the global Network Analytics market include Broadcom Inc., Huawei Technologies Co., Ltd., IBM, Juniper Networks, Inc., NETSCOUT, Nokia, SAS Institute Inc, Cisco Systems, Hewlett Packard Enterprise Development LP, and Telefonaktiebolaget LM Ericsson, among others.

Recent Developments in the Network Analytics Market:

• In December 2022, Nokia expanded its partnership with BT in a five-year deal to provide its AVA Analytics software for fixed networks, which would further help the British telecom operator strengthen its overall network monitoring through machine learning (ML) and artificial intelligence (AI). The new deal would enhance Nokia’s dashboard solution, ‘
• In October 2022, Communication Service Providers (CSPs) may benefit from Network Analytics Suite, a new set of virtualized cloud infrastructure products developed by Oracle, to gain more knowledge about the performance and stability of their 5G data centers. It gathers data from the 5G network functions (NFs), app functions (AFs), and operations, administration, and maintenance that comply with the standards (OAM).
• In October 2022, Oracle released the Oracle Network Analytics Suite. The new cloud-native portfolio of analytics solutions adds various network function data with machine learning and artificial intelligence, mainly to assist the operators in making more informed, automated decisions around the overall stability and performance of their entire 5G network core.
• In June 2022, IBM announced its plans to buy Randori, a leading attack surface management (ASM) and offensive cybersecurity business in the Boston region, at RSAC 2022. Randori helps clients find external assets that attackers can see, whether they are on-premises or in the cloud, and puts the most dangerous ones at the top of the list.

Network Analytics Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Network Analytics market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Network Analytics market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Network Analytics market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Network Analytics industry.

Global Network Analytics Market Segmentation

By Deployment

• On-Premise
• Cloud

By Component

• Network Intelligence Solutions
• Services
  • Professional Services
  • Managed Services

By Application

• Customer Analysis
• Risk Management
• Fault Management
• Network Performance Management
• Compliance Management
• Quality Management

By End-user

• Cloud Service Providers
• Managed Service Providers
• Telecom Providers
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Broadcom Inc. 
• Huawei Technologies Co., Ltd.
• IBM
• Juniper Networks, Inc.
• NETSCOUT
• Nokia 
• SAS Institute Inc
• Cisco Systems 
• Hewlett Packard Enterprise Development LP
• Telefonaktiebolaget LM Ericsson 

Component Content Management Systems Market to Reach US$ 7.7 Bn by 2032, driven by growing attention on improving customer engagement process: Global Insight Services

New York, July 2023: According to a new research study by Global Insight Services (GIS), the global Component Content Management Systems Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 7.7 Billion by 2032.

A component content management system (CCMS) is a software application that stores and manages content at the component level. Content is stored as small, self-contained units called “components.” A component can be a paragraph of text, a section of a document, an image, a video, or any other type of content.

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Component Content Management Systems Market: Key Trends and Drivers

A CCMS uses intelligent content production, speeds up the content search, and offers consumers contextually appropriate material. This allows for customer self-service so that they may discover solutions on their own, eliminating the need for customer assistance and guaranteeing a greater return on content. In order to maximize the return on user content investment, content operations are essential. Users may uphold consistency and high-quality standards, increase accessibility, and hasten the go-to-market procedure by adopting an organized content generation, administration, and distribution strategy.

A CCMS enables organizations to improve content management ROI across the extended enterprise by centralizing content to streamline processes, increase agility, and drive a better user experience. This includes everything from internal and external corporate communications to product training, technical documentation, learning & development, customer education — and everything in between. For instance, Xyleme CCMS offers organizations an agile, centralized content management hub that streamlines content creation, delivery, and publishing as delivery channels, platforms, and customer expectations continue to change. This empowers organizations to offer a more unified customer experience to boost loyalty and satisfaction and improve ROI. Hence, component content management systems provide organizations with increased ROI, which is a major driving factor.

Component Content Management Systems Market: Restraints & Challenges

High Cost of Deployment and Maintenance of CCMS

A component content management system’s setup and integration with the current system are expensive. The short-term period’s potential and revenue losses may influence the market’s expansion. Businesses in Asia Pacific still handle content using the traditional manner. Integration of the traditional/old system with the new content management system may impede the company’s expansion. This might affect the rate of adoption by SMEs and the market’s expansion. The typical cost of CCMS development services for a small or medium-sized business is approximately USD 2,200 and may go up to USD 15,000. Such high expenses would directly impact the amount of software adoption.

Secondly, the maintenance cost of CCMS is also higher. For instance, open-source software called is Drupal available for free download. For non-technical users, in particular, the expenses of creating and maintaining a Drupal site are significantly greater. Therefore, the high cost of deployment and maintenance of CCMS majorly hinders the adoption of CCMS solutions at large-scale.

Component Content Management Systems Market Report Findings

https://www.globalinsightservices.com/reports/component-content-management-systems-market/

The service segment is likely to hold a dominant Component Content Management Systems Market share and grow at a substantial CAGR during the forecast period.

By component, the market is segmented into software service. The services segment is likely to witness the fastest growth during the forecast period by growing at a CAGR of 10.4% during the forecast period. The segment was valued at USD 916.3 million in 2022 and it is anticipated to grow further to USD 2,614.3 million by 2032. Increasing use of content services platforms such as workflow management & case management, document & records management, content reporting & analytics, data capture, information security & governance, and others owing to their several benefits are driving the segment growth. Content services platforms provide agile solutions for digital work, reduce content sprawl and information silos, improve security and access, create a better user experience for customers and employees, and boost productivity by making content more easily shared. Additionally, the provider emphasizes the integration capabilities of their CCMS, ensuring seamless interoperability with existing systems and tools, enabling smooth content workflows and reducing redundancies. They also prioritize advanced content authoring and publishing functionalities, empowering users with intuitive interfaces, reusable content modules, and sophisticated publishing options to optimize content reuse, consistency, and multichannel distribution.

Moreover, CCMS service providers recognize the importance of robust security measures, as sensitive and proprietary content is stored and managed within their systems. By implementing advanced access controls, encryption, and backup mechanisms, they instill trust in their customers and mitigate potential data breaches or loss. Ultimately, these driving factors converge to offer organizations a comprehensive CCMS service that empowers them to efficiently manage and deliver high-quality content, enhance customer experiences, and drive business growth.

The large enterprise segment is anticipated to hold a majority of the Component Content Management Systems Market size throughout the study period.

By enterprise size, the component content management systems market has been bifurcated into small and medium enterprises and large enterprises. The large enterprise segment is anticipated to dominate the market during the forecast period. Larger businesses may have to deal with translation issues when bringing their product or service to international markets. Component content management systems (CCMS) are frequently used by large businesses to manage and organize the information they create efficiently. Massive volumes of content, such as marketing brochures, product details, technical documentation, and more, regularly occur in large businesses. Traditional content management systems could need help to handle the complexity and volume of material in these organizations. Large enterprises may profit greatly from CCMS because of its huge cost savings, enhanced team cooperation (even among non-technical team members), and complete content management. The CCMS platform is a suitable choice for large organizations with room to spare in the budget. Huawei, a manufacturer of communications equipment, is one such. For each product they sell, the website offers comprehensive information and updates along with high-resolution photographs.

The BFSI segment is anticipated to hold a majority of the Component Content Management Systems Market size throughout the study period.

End Users, the component content management systems market has been divided into manufacturing, BFSI, public sector, telecom, utilities, transportation, and others. The component content management systems market size for the BFSI segment was USD 753.5 million in 2022, growing at a CAGR of 8.4% from 2023 to 2032. Any effective financial services organization must operate with collaboration, information exchange, and communication as key components. Financial companies often have to maintain a large range of material across several administrative areas. An excellent content management system for the financial services industry may assist the user institution in better organizing their material and other corporate assets, eventually allowing the user to serve their customers more effectively. A cutting-edge financial company that CCMS can offer will streamline and simplify the whole document management process. Reusing material across channels enables users to work more productively and cost-effectively. Additionally, CCMS is very adaptable to users’ shifting business demands. As a user’s business changes over time, it is simple for them to update and make modifications.

The North America region is estimated to exhibit the highest growth rate during the Component Content Management Systems Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American market is primarily driven by the rise in demand for the preservation of blood, solid tissue specimens, including paraffin-embedded or frozen bio-specimen of tumors, and other tissues (like peripheral blood cells, bone marrow, and stem cells-derived cord blood and its derivatives), across multiple research institutes, pathological centers, and hospitals. The surge in the government’s investment in drug discovery is projected to boost the Component Content Management Systems utility for the preservation of cells, tissues, and organs ex-vivo for the purpose of storage, shipment, and transportation. For instance, the Canadian government invested USD 45 million in the current year over the next three years to the Stem Cell Network to encourage stem cell and regenerative medicine research. Such investments are anticipated to boost the utility and demand of Component Content Management Systems in the region, thereby boosting market growth during the forecast period.

Additionally, advancements in technology, increasing product approvals, partnerships, and acquisitions by key players are helping in the market growth. For instance, in February 2022, OriGen Biomedical Inc., a global medical device manufacturer of cryopreservation, cell culture, and respiratory products, launched CryoStore FLEX Freezing Bag in the United States and Europe. The CryoStore FLEX Bag is designed for the cryopreservation of blood components and offers the multi-chamber flexibility of small-volume dose solutions.

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Competitive Landscape

The key players in the Component Content Management Systems Market are Adobe Inc., Author-it Software Corporation, Battery Ventures (IXIASOFT), Bluestream Database Software Inc., Contiem, Inc., Dakota Systems, Inc., Heretto, IBM Corporation, TransPerfect, Inc. (Astoria Software), and Xyleme, Inc., among others.

Recent Developments in the Component Content Management Systems Market:

• February 2023, Contiem announced the purchase of Mekon Limited (Mekon), a UK-based firm that specializes in assisting large organizations in intelligently delivering information. Contiem is also announcing an extensive rebranding effort to reflect its transformation into a global company with the breadth of products and services required to create, manage, and deliver the content required by large enterprises and governmental organizations to run their businesses on a global scale.
• October 2022, Orbis Technologies, Inc., has announced the acquisition of Writing Assistance, Inc (WAI), a Minnesota-based firm specializing in professional writing talent and employment. The merged company will keep the name Orbis Technologies, Inc. and its headquarters in Annapolis, MD.
• July 2022, Adobe has announced the availability of the AEM as a cloud service in India, which is powered by Adobe Experience Cloud. This cloud solution which assist businesses to manage customized and specialized digital content, which helps marketers to rapidly build, customized and personalized digital experiences to clients within a span of weeks.
• February 2021, Orbis Technologies, Inc. announced a multi-year contract to assist in the development of a world-class exclusive Component Content Management System for the US Government Publishing Office (GPO). The solution will draw on Orbis’ unique competence in XML content management systems, MarkLogic NoSQL database development, and vast experience in constructing semantic data platforms.

Component Content Management Systems Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current Component Content Management Systems Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
•  The report also covers qualitative as well as quantitative analysis of Component Content Management Systems Market in terms of revenue ($Million)
•  Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Component Content Management Systems industry.
•  A thorough analysis of market trends and restraints is provided.
• By region as well as country market analysis is also presented in this report.
•  Analytical depiction of the Component Content Management Systems Market along with the current trends and future estimations to depict imminent investment pockets. The overall Component Content Management Systems industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
•  Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Component Content Management Systems Market are also analyzed.

Global Component Content Management Systems Market Segmentation

By Component

• Software
• Services

By Enterprise Size

• Small and Medium Enterprises
• Large Enterprises

By End-user

• Manufacturing
• BFSI
• Public Sector
• Telecom
• Utilities
• Transportation
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The U.K.
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
  • Sweden
  • Switzerland
  • Denmark
  • Finland
  • Russia
  • Rest of Europe
•  The Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Indonesia
  • Taiwan
  • Malaysia
  • Rest of Asia-Pacific
•  Rest of the World
  • Latin America
  • The Middle East
  •  Africa

Key Players

• Adobe Inc.
• Author-it Software Corporation
• Battery Ventures (IXIASOFT)
• Bluestream Database Software Inc.
• Contiem, Inc.
• Dakota Systems, Inc.
• Heretto
• IBM Corporation
• TransPerfect, Inc. (Astoria Software)
• Xyleme, Inc.

Content Delivery Network (CDN) Security Market to Reach US$ 49.1 billion by 2032, driven by Proliferation of Mobile Applications: Global Insight Services

New York, June 2023: According to a new research study by Global Insight Services (GIS), the Content Delivery Network (CDN) Security market is expected to grow rapidly over the next 10 years to reach a value of more than the US$ 49.1 billion by 2032.

By localized caching, CDNs have been utilized to enhance online performance over the past 20 years. Now, CDN providers are being forced to broaden their performance-enhancing techniques to address the challenges of dynamic content, mobile, and video, as well as serving as the first line of defence against security threats, as a result of the growth in mobile engagement and the demands for the delivery of enhanced digital experiences.

For e-commerce websites, government organizations, and other sectors to guard against new security flaws, DNS protection is in great demand. Early adoption of cutting-edge technologies and the expanding dominance of well-known social media and OTT platforms have significantly increased demand for CDN security during the course of the projection period.

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Content Delivery Network (CDN) Security Market: Key Trends and Drivers

The expansion of the worldwide content delivery network (CDN) security market will be fueled by the proliferation of mobile apps. The number of mobile apps has expanded dramatically and is likely to climb more throughout the projection period. Two-thirds of all smartphone users worldwide use apps for social networking in addition to watching news, listening to music, or accessing entertainment or sports content. A CDN is used by these mobile applications to provide data. Depending on the kinds of mobile applications that users download, vendors target specific segments of their audience.

The growth of mobile apps has fueled OTT providers’ desire for CDN security solutions. Because of the prevalence of mobile applications, brands and agencies no longer place a high priority on online content. With the global adoption of smartphones, the consumption of digital material via smartphones is rising quickly. These elements will accelerate market expansion throughout the anticipated term.

Content Delivery Network (CDN) Security Market: Restraints & Challenges

Major obstacles to the expansion of the worldwide CDN security industry include system integration and interoperability concerns. The BFSI, communications, transportation, media and entertainment, and public sector organizations are just a few of the industries that are increasingly adopting cutting-edge technology. System integration and interoperability problems result from the use of cutting-edge technology. Many businesses have integration problems while putting CDN security solutions in place. Vendors of CDN security solutions have to offer integrated IT solutions that may be easily included into an organization’s current IT infrastructure.

Technological errors that occur during operations can cost businesses a lot of money and decrease their operational effectiveness. Some of the main problems encountered by CDN security providers include technical challenges, server faults, and other malfunctions brought on by hackers. Vendors must thus carry out several experiments in order to achieve high accuracy before releasing CDN security solutions on the market. Throughout the anticipated period, this aspect is anticipated to impede market expansion.

Content Delivery Network (CDN) Security Market Report Findings

https://www.globalinsightservices.com/reports/content-delivery-network-cdn-security-market/

The web application firewall segment is anticipated to hold a majority of the content delivery network (CDN) security market size throughout the study period.

Based on the type, the content delivery network (CDN) security market is segmented into DNS protection, DDoS protection, web organization size firewall, bot mitigation & screen scraping protection, and data security. The market for web application firewalls (WAF) is propelled by consumers’ demands for internal and external web application security. WAFs defend web applications and APIs from a variety of threats, such as application-layer denial of service (DoS), injection assaults, and automated attacks (bots). The main reason for employing cloud web application firewall (WAF) services is to defend against assaults and the exploitation of flaws in bespoke or third-party code. The WAF must examine the flow of traffic and determine whether it needs to be stopped. Applications that rely on low latency replies to function or engage their users may find this problematic, depending on the positioning of the network and how expensive the analytic operations they do may be.

The SMEs segment is anticipated to hold a majority of the content delivery network (CDN) security market size throughout the study period.

By organization size, the market is bifurcated into SMEs and large enterprises. SMES are highly investing in CDN security solutions to protect their networks against DDoS attacks and other threat vectors that might compromise the IT networks for the risk of being attacked. This rising awareness about DNS attacks, advanced cyber-attacks are directly impacting a company’s productivity and brand reputation. CDN security helps SMEs to improve data security and also helps to reduce financial losses.

The media & entertainment segment is anticipated to hold a majority of the content delivery network (CDN) security market size throughout the study period.

Based on end-use industry, the market is segmented into media & entertainment, retail, BFSI, IT and telecom, healthcare, and others. The media and entertainment sector is very concerned about piracy. For OTT service providers, file sharing, copying, and downloading from illegitimate web sources are serious issues. Thus, all OTT service providers must have premium content protection. As operators develop service models that let customers browse through a vast library of movies, music, TV shows, sports, and entertainment programmes on a secure platform, the significance of CDN security solutions has expanded in this business. The increased use of CDN Security solutions, which is fueled by a rise in demand for the CDN Security Industry, is largely responsible for the expansion of the media & entertainment category.

The North America region is estimated to exhibit the highest growth rate during the content delivery network (CDN) security market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America dominated the content delivery network (CDN) security market and accounted for the largest revenue share in 2022 and is expected to be the most lucrative region during the forecast period. With a high internet penetration rate and an increasing number of users for online gaming and mobile video streaming, North America is expected to have a sizeable market position in the CDN security industry. The region’s position as the market leader is also largely due to the existence of industry heavyweights and the early adoption of technology across several end-user verticals. Due to the prevalence of botnet command and control (C&C) servers, North America has the bulk of the market share. Attackers utilize them, often referred to as C2, to keep in touch with infected systems on a target network. These platforms, which boost the usage of bit mitigation services, include PCs, cellphones, and the Internet of Things.

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Competitive Landscape

Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the content delivery network (CDN) security market include include Packet Clearing House (US), Akamai Technologies, Inc. (US), Amazon Web Services, Inc. (US), CDNetworks Inc. (US), Cloudflare, Inc. (US), IABM (UK), IBM Corporation (US), Imperva, Inc. (US), Tata Communications (India) and Verizon Partner Solutions (US), among others.

Recent Developments in the Content Delivery Network (CDN) Security Market

• In November 2022, A multi-year strategic agreement between Amazon Web Services and cloud-native logging and security analytics firm Devo Technologies was recently announced. With the help of this expanded cooperation, Devo would be able to quickly advance in the cutting-edge industries of applied AI/ML and security log analytics, build solutions that are compatible with Amazon security services, and provide customers with a better overall experience.
• In October 2022, With the global rollout of new, entirely software-defined scrubbing centres, Akamai Technologies, Inc., the cloud provider that provides and safeguards life online, announced a significant evolution of its DDoS protection platform (Prolexic), extending its dedicated defence capacity to 20 tbps and accelerating future product innovations. The modification enables Akamai Prolexic to better defend customers from multi-terabit assaults and give increased performance and dependability for online businesses of any size worldwide in response to a surge of more advanced and record-breaking DDoS attacks throughout the globe.

Content Delivery Network (CDN) Security Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current content delivery network (CDN) security market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future content delivery network (CDN) security market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the content delivery network (CDN) security market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the content delivery network (CDN) security industry.

Content Delivery Network (CDN) Security Market Segmentation

By Type

• DNS Protection
• DDoS Protection
• Web Application Firewall
• Bot Mitigation & Screen Scraping Protection
• Data Security

By Organization Size

• SMEs
• Large Enterprises

By End-use Industry

• Media & Entertainment
• Retail
• BFSI
• IT and Telecom
• Healthcare
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Packet Clearing House (US)
• Akamai Technologies, Inc. (US)
• Amazon Web Services, Inc. (US)
• CDNetworks Inc. (US)
• Cloudflare, Inc. (US)
• IABM (UK)
• IBM Corporation (US)
• Imperva, Inc. (US)
• Tata Communications (India)
• Verizon Partner Solutions (US)

Process Mining Software Market to Reach US$ 8.4 bn by 2032, driven by rising need to strengthen process auditing and compliance processes across organizations is fueling the demand for process mining softwar: Global Insight Services

New York, June 2023: According to a new research study by Global Insight Services (GIS), the global Process Mining Software Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 8.4 bn by 2032.

Process mining software is a type of business process management (BPM) software that uses data mining techniques to discover, model, and monitor business processes. By analyzing data from event logs, process mining software can automatically generate process models that can be used to improve process performance. Process mining software can also be used to monitor process compliance and to detect process anomalies.

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Process Mining Software Market: Key Trends and Drivers

The process mining software market has experienced significant advancements in recent decades, driven by factors such as the integration of robotic process automation (RPA) with process mining applications and the growing adoption of technology-based solutions. Businesses across various industries are actively pursuing digital transformation, seeking technologies that can enhance productivity while reducing costs. The demand for RPA has been rapidly increasing as organizations strive to improve performance and efficiency. With a reliance on digital systems for automating both backend and frontend activities, RPA has emerged as a valuable technology in numerous industries, particularly during the pandemic. Consequently, there is a growing need for specialized process mining applications that can automate workflows. RPA technology is considered one of the most effective tools for enhancing productivity while working from home or remote locations. It is expected to drive the growth of the process mining software market in the forecast period by enabling quick process automation within shorter timeframe.

Process Mining Software Market: Restraints & Challenges

One of the key restraints in the Process Mining Software market is the lack of awareness about process mining among organizations. Many organizations are not aware of the benefits of process mining and how it can be used to improve their business processes. Another challenge in the Process Mining Software market is the high cost of process mining software. Process mining software is often very expensive, which makes it difficult for small and medium-sized organizations to afford it.

Process Mining Software Market Report Findings

https://www.globalinsightservices.com/reports/process-mining-software-market/

The cloud-based segment is anticipated to hold a majority of the Process Mining Software Market size throughout the study period.

Based on the deployment, the process mining software market is divided into on-premise, and cloud. In 2022, the cloud segment is expected to exhibit the highest compound annual growth rate (CAGR) during this period. This growth can be attributed to the rising demand from organizations, irrespective of their size, for process mining software solutions based on the cloud. These solutions offer advantages such as flexibility, scalability, comprehensive process visibility, and cost-effectiveness. Whereas, the on-premise segment accounted for a significant market share. This due to the rising demand for on-premise process mining software from large organizations owing to security concerns related to critical business data. Such a aforementioned factors enhance the segment growth.

The software segment is anticipated to hold a majority of the Process Mining Software Market size throughout the study period.

By component, the industry is bifurcated into software, and services. In 2022, the software segment held the largest market share, and it is projected to maintain its dominance throughout the forecast period. The software segment’s success can be attributed to the growing need for solutions capable of extracting detailed data from business systems to gain insights and visualize workflow processes. On the other hand, the service segment is anticipated to witness the highest compound annual growth rate (CAGR) during the forecast period. The demand for process mining services is expected to benefit from the adoption of cloud-based software solutions and the frequent updates necessary to ensure secure and smooth operation of the software.

The transactional procurement segment is likely to hold a dominant Process Mining Software Market share and grow at a substantial CAGR during the forecast period.

Based on application, the industry is categorized into Strategic Sourcing, Contract Management, Category Management, Transactional Procurement, and Supplier Management. In 2020, the transactional procurement segment held the significant share of revenue, the primary reason for its strong position is the rising demand from enterprises for improved procurement solutions and services, driven by the challenges and intricacies associated with transactional procurement processes. On the other hand, the category management segment is anticipated to experience the significant compound annual growth rate (CAGR) over the forecast period. This growth can be attributed to the increasing demand from businesses for services such as external marketplace analysis, category planning and strategy, and effective management and analysis of spend data.

The BFSI segment is anticipated to hold a majority of the Process Mining Software Market size throughout the study period.

Based on end-user, the Process Mining Software market is divided into Manufacturing, Healthcare, BFSI, Consumer Goods & Services, Telecommunications & IT, Logistics & Transportation, and Others. The BFSI sector, which had the significant share of revenue in 2022, is expected to maintain its leading position throughout the forecast period. This can be attributed to the intense competition among global banking and financial service organizations, as they strive to improve customer experience and provide better services. Additionally, with limited budgets, BFSI organizations are increasingly adopting process mining software that offers robustness at a cost-efficient price, thereby driving its demand in the industry. On the other hand, the consumer goods & services segment is projected to exhibit the highest compound annual growth rate (CAGR) of around xx% over the forecast period. This significant growth can be attributed to the increasing demand from consumer goods manufacturers who seek to identify flaws in their manufacturing processes and enhance the financial impact of their operations.

The Asia-Pacific region is estimated to exhibit the highest growth rate during the Process Mining Software Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Europe, which held the significant revenue share in 2022, is expected to maintain its dominant position throughout the forecast period. The region is well-known for its early adoption of advanced technology and has the highest uptake of digital and automation tools and services. Furthermore, the European market is being propelled by the rising demand from various enterprises for robust process analysis software solutions. On the other hand, the Asia Pacific region is projected to witness the significant compound annual growth rate (CAGR) of over the forecast period. This growth can be attributed to the increasing enterprise focus on improving process auditing and compliance. Moreover, the region is experiencing a surge in cloud infrastructure spending by both large and small to medium enterprises. Additionally, the emergence of numerous startups in the region is also contributing significantly to the expansion of the market.

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Competitive Landscape

Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the global Process Mining Software market include UiPath, Celonis GmbH, Exeura, Fluxion BV, Fujitsu Ltd, Hyland Software Inc, Minit, QPR Software Plc, Software AG, and ABBYY Solutions Ltd among others.

Recent Developments in the Process Mining Software Market:

• In June 2022, QPR Software announced a partnership with Snowflake to offer QPR ProcessAnalyzer, process mining software. Through the partnership and Snowflake’s modern technology companies together are offering user-friendly and efficient options to the users.
• In July 2020, Celonis GmbH announced a partnership with Tata Consultancy Services (TCS), an India-based information technology consulting company. With the help of Celonis’s process mining expertise, TCS aims to help its customers in achieving better operational efficiency and flexibility..

Process Mining Software Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Process Mining Software Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Process Mining Software Market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Process Mining Software Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global Process Mining Software Market Segmentation

By Deployment

• On-Premise
• Cloud

By Component

• Software
• Services

By Application

• Strategic Sourcing
• Contract Management
• Category Management
• Transactional Procurement
• Supplier Management

By End-user

• Manufacturing
• Healthcare
• BFSI
• Consumer Goods & Services
• Telecommunications & IT
• Logistics & Transportation
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The U.K.
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
  • Sweden
  • Switzerland
  • Denmark
  • Finland
  • Russia
  • Rest of Europe
• The Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Indonesia
  • Taiwan
  • Malaysia
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• UiPath
• Celonis GmbH
• Exeura
• Fluxion BV
• Fujitsu Ltd
• Hyland Software Inc
• Minit
• QPR Software Plc
• Software AG
• ABBYY Solutions Ltd

Artificial Intelligence in Healthcare Market to Reach US$ 45.6 Bn by 2032, driven by the growing demand for functional food and beverages owing to increasing consciousness among people about maintaining a balanced diet with a proper content of essential nutrients: Global Insight Services

New York, May 2023: According to a new research study by Global Insight Services (GIS), the global Artificial Intelligence in Healthcare Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 45.6 Billion by 2032.

Artificial intelligence (AI) in healthcare is a broad term that covers a wide range of applications and technologies. AI technologies can be used to help doctors and other healthcare professionals diagnose and treat diseases, make predictions about patient health, and improve the efficiency of care delivery. AI is also being used to develop new drugs and personalized treatments, and to create digital assistants that can help patients manage their health.

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Artificial Intelligence in Healthcare Market: Key Trends and Drivers

The market is driven by several factors, including the need to manage data more effectively and optimize healthcare costs, the growth of public-private partnerships, and the increased regional spending on healthcare. Additionally, the market is anticipated to grow as opportunities in geriatric population care with AI technology, imaging, and diagnostics to generate data for research development arise. Moreover, the growing shortage of healthcare workforce drove the adoption of AI/ML technologies. Therefore, AI algorithms can be trained to analyze patient health information which further supports care providers in quickly diagnosing the condition and devising an accurate treatment regime.

Small-molecule drug discovery benefits from AI in four ways; access to new biology, improved or unique chemistry, higher success rates, and speedier and less expensive discovery procedures. For instance, FDA’s Center for Drug Evaluation and Research (CDER) approved 50 brand-new pharmaceutical and biological products in 2021. About 33 of the 50 novel medications and biological products approved for use had tiny molecules, while 17 were monoclonal antibodies and other large molecules. Such aforementioned factors boosting the growth of the market and accelerating the adoption rate of AI in healthcare.

Artificial Intelligence in Healthcare Market: Restraints & Challenges

The restraints in the AI in healthcare market are the lack of awareness and the high cost of AI-based solutions. The challenges in the AI in healthcare market are the lack of skilled workforce, the need for high initial investment, and the need for data security.

Artificial Intelligence in Healthcare Market Report Findings

https://www.globalinsightservices.com/reports/artificial-intelligence-in-healthcare-market/

The software segment is likely to hold a dominant Artificial Intelligence in Healthcare Market share and grow at a substantial CAGR during the forecast period.

Based on component, the market is segmented as hardware, software solution, and services. In 2022, the software solutions segment dominated the market due to the rapidly growing adoption rate of AI-based software solutions amongst healthcare providers, payers, and patients. For instance, in September 2019, GE Healthcare partnered with five Chinese local software developers namely, 12Sigma Technologies, Biomind, Shukun Technology, Yizhun Medial AI, and YITU Technology to collaboratively work on developing Edison AI platform and support the smooth digital transformation of GE Healthcare. Whereas, software solutions is anticipated to register the fastest growth rate over the forecast period. This dramatic growth rate is attributable to the rising penetration of AI-based technologies in several healthcare applications such as cybersecurity, clinical trials, virtual assistants, robot-assisted surgeries, telemedicine, dosage error reduction, and fraud detection.

The clinical trial segment is anticipated to hold a majority of the Artificial Intelligence in Healthcare Market size throughout the study period.

Based on application, the market is segmented as Robot-Assisted Surgery, Medical Imaging & Diagnosis, Drug Discovery, Therapy Planning, Hospital Workflow, Wearables, Virtual Assistants, and Others. Out of these, the clinical trials segment dominated the market in 2022 due to the growing number of patent expirations, rising demand for faster and accurate clinical trials to cater to the need for new drug discoveries and drug development. Although, prior to the pandemic AI-technologies in clinical trials were still in a nascent stage, now with the growth in demand for faster clinical trials supporting trial designing, study adherence, minimizing dropout rates, and patient recruitment, AI-based technologies in clinical trials has witnessed a surge in adoption. Decreasing the amount of time required in performing clinical trials and enhancing the accuracy and reliability of the clinical trial are expected to boost the market growth. Life science organizations, government regulatory authorities, and healthcare start-ups are beginning to support and adopt AI-empowered solutions in their processes. For example, Deep6AI is an AI monitoring system that enhances the patient recruitment process and reduces the time and expenses involved.

The Asia-Pacific region is estimated to exhibit the highest growth rate during the Artificial Intelligence in Healthcare Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America to hold significant market share. The high adoption rate of AI technologies across healthcare and pharma, the strong presence of prominent AI software and system suppliers, and the combined investment by government and private organizations in the improvement and growth of research and development activities are expected to drive the market’s demand in the United States. Over time, the country is expected to dominate the regional market due to its developed infrastructure that can house advanced medical solutions. The increasing inflow of investments in startups for AI implementation would accelerate the market’s growth.

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Competitive Landscape

The overall competitive rivalry remains moderately high in the market studied. The growing presence of big players in the industry is expected to intensify competitive rivalry during the forecast period. The global Artificial Intelligence in Healthcare Market report includes players such as AiCure, APIXIO, Inc., Atomwise, Inc, Butterfly Network, Inc., Cyrcadia Health Inc, Enlitic, Inc, IBM Corporation, iCarbonX, Insilico Medicine Inc, NVIDIA Corporation, others.

Recent Developments in the Artificial Intelligence in Healthcare Market:

• In September 2022, Novo Nordisk A/s and Microsoft collaborated to accelerate drug discovery and development using big data and artificial intelligence. The collaboration centers on expanding digital science and AI capability applications in the healthcare business and sustainability.
• In August 2022, Atomwise Inc. and Sanofi collaborated to advance AI research for computational discovery and make better medicines faster by unlocking up to five drug targets inaccessible to traditional small molecule discovery approaches.

Artificial Intelligence in Healthcare Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Artificial Intelligence in Healthcare Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Artificial Intelligence in Healthcare Market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Artificial Intelligence in Healthcare Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global Artificial Intelligence in Healthcare Market Segmentation

By Product

• Software Solutions
• Hardware
• Services

By Application

• Robot-Assisted Surgery
• Clinical Trials
• Hospital Workflow
• Therapy Planning
• Wearables
• Virtual Assistants
• Medical Imaging & Diagnosis
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• AiCure
• APIXIO, Inc
• Atomwise, Inc
• Butterfly Network, Inc
• Cyrcadia Health Inc
• Enlitic, Inc
• IBM Corporation
• iCarbonX
• Insilico Medicine Inc
• NVIDIA Corporation

Data Annotation Tools Market to Reach US$ 10.2 Bn by 2032, driven by rising demand for annotated data to improve machine learning models: Global Insight Services

New York, April 2023: According to a new research study by Global Insight Services (GIS), the global Data Annotation Tools market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 10.2 Billion by 2032.

Data annotation tools are software programs that allow users to label and categorize data for machine learning algorithms. The most common types of data annotation tools are image annotation tools and video annotation tools. Image annotation tools allow users to label images for object detection, classification, and segmentation tasks. Video annotation tools allow users to label video data for tasks such as action detection and recognition.

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Data Annotation Tools Market: Key Trends and Drivers

The growing importance of high-quality and well-labeled input data for augmenting the accuracy of machine learning algorithms is likely to drive the industry growth. Data annotation tools are highly suited for situations where unlabeled data is available in large volumes and will create new opportunities for the market expansion. Moreover, increasing need for data annotation tools to support the increasing volume of data coupled with the increasing number of data annotation tool providers.

Data Annotation Tools Market: Restraints & Challenges

One of the key restraints in the data annotation tools market is the need for high initial investment. Data annotation tools require significant investment in terms of hardware, software, and trained personnel. In addition, data annotation is a time-consuming process, which can further increase the overall cost. Another key challenge in the data annotation tools market is the lack of skilled personnel. Data annotation is a highly technical process that requires trained personnel to achieve desired results. The lack of skilled personnel can hamper the adoption of data annotation tools, especially in small and medium enterprises.

Data Annotation Tools Market Report Findings

https://www.globalinsightservices.com/reports/data-annotation-tools-market/

The image/video segment is likely to hold a dominant Data Annotation Tools market share and grow at a substantial CAGR during the forecast period.

By data type, the market is segmented into image/video, text, and audio. The image/video segment accounted for significant market share in 2021 and is expected to register lucrative CAGR over the forecast period. This is attributed to the increasing uptake of data annotation tools for labeling image/video to improve entity recognition. With the continuously evolving machine learning landscape in the region, data annotation tool vendors are developing new technologies for improving the accuracy of annotated images/videos and delivering high precision datasets for AI-based applications.

The manual annotation segment is anticipated to hold a majority of the Data Annotation Tools market size throughout the study period.

By annotation approach, the data annotation tools market is classified into manual annotation, and automated annotation. The manual annotation segment accounted for significant revenue in 2021. This is due to surging adoption to ensure high-quality input data. Manually labeled data is less prone to errors due to the involvement of highly trained domain experts, who can handle complex data labeling scenarios, where machine-based algorithms would perform poorly. Medical image labeling requires the expertise of specialist medical professionals in cases where the machine learning systems cannot accurately label the data. Data annotation service providers in the China are offering innovative data labeling services & annotated healthcare training data validated by medical experts to strengthen their market presence and add value to their offerings. As enterprises focus strongly on developing new & innovative solutions to cater to the growing demand, the market will witness a sharp expansion.

The automotive segment is anticipated to hold a majority of the Data Annotation Tools market size throughout the study period.

The end-use segment of the market is bifurcated into IT & telecom, BFSI, healthcare, retail, automotive, agriculture, and others. The automotive are expected to register highest CAGR between 2023 and 2032. The automotive manufacturers are transitioning toward leveraging AI for developing self-driving vehicles and connected cars. A gradual shift of the U.S. automotive industry toward full autonomy has been fueled with the development in AI and ML technologies, which make heavy use of labeled data to deploy self-driving mechanisms. The accurately labeled data assists on-board AI to make instantaneous decisions during complex road situations, avoiding major accidents and object collision. For instance, in December 2021, Tesla launched a new auto labeling tool for its self-driving vehicles. The auto labeling tool is able to use an extensive data set to improve its neural nets powering suite of autopilot feature. As automotive enterprises gradually acknowledge the benefits of high-quality labeled data to develop reliable onboard AI, the market will undergo a rapid growth.

The Asia Pacific region is estimated to exhibit the highest growth rate during the Data Annotation Tools market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific data annotation tools market revenue is poised to grow significant CAGR during the forthcoming years. Rapid growth of IT infrastructure, increasing number of data labeling start-ups, and wide-scale adoption of AI technologies have accentuated the regional market growth. With improvement in ICT landscape, abundance of skilled workforce, and increasing awareness regarding reliable training data among AI-related SMEs, the region is projected to become a major potential market. For instance, in June 2021, ByteBridge launched the world’s first mobile 3D cloud point data labeling service, which is the collaboration of various dots spread around 3D space. It is widely used for product development & analysis in aerospace, traffic, and others.

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Competitive Landscape

The global Data Annotation Tools market report includes players such as Annotate.com, Appen Limited, CloudApp, Cogito Tech LLC, Deep Systems, Labelbox, Inc., LightTag, Lotus Quality Assurance, Playment Inc., and Tagtog Sp. z o.o. among others.

Recent Developments in the Data Annotation Tools Market:

• In June 2021, ByteBridge launched the world’s first mobile 3D cloud point data labeling service, which is the collaboration of various dots spread around 3D space. It is widely used for product development & analysis in aerospace, traffic, and other.
• In June 2020, SuperAnnotate raised USD 3 million in venture funding. The investment was led by Point Nine Capital and used to speed up data labeling capabilities.

Data Annotation Tools Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Data Annotation Tools market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Data Annotation Tools market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Data Annotation Tools market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global kidney stones management market.

Global Data Annotation Tools Market Segmentation

By Data Type

• Image/video
• Text
• Audio

By Annotation Approach

• Manual Annotation
• Automated Annotation

By End-use

• IT & Telecom
• BFSI
• Healthcare
• Retail
• Automotive
• Agriculture
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Annotate.com
• Appen Limited
• CloudApp
• Cogito Tech LLC
• Deep Systems
• Labelbox, Inc
• LightTag
• Lotus Quality Assurance
• Playment Inc
• Tagtog Sp. z o.o

Mixed Reality Headsets Market to Reach US$ 22.2 Bn by 2032, driven by growing use of mixed reality headsets in employee & staff training and customer service platforms: Global Insight Services

New York, April 2023: According to a new research study by Global Insight Services (GIS), the global Mixed Reality Headsets Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 22.2 Billion by 2032.

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Mixed Reality Headsets Market: Key Trends and Drivers

Growing penetration of VR and AR technologies across various applications such as automotive, gaming, healthcare, education, industrial; and retail is expected to drive the mixed reality headsets market growth over the forecast timespan. These devices are being rapidly adopted in retail, from apparel to home décor, to attract customers and increase brand loyalty. These devices allow retailers to immerse the customers in customized worlds. In recent years, augmented reality & virtual reality technologies for collecting sights and sounds have gained popularity due to technological advancements. In addition, the accessibility of numerous electronic items like tablets, and other smart devices interoperable with augmented reality and virtual reality technologies has resulted in a major expansion of market prospects. In January 2022, Microsoft Corporation Inc. debuted its HoloLens 2 mixed reality headset in India. The headset’s artificial intelligence, time-of-flight depth sensor, and semantic understanding enable users to interact with holograms in a more realistic manner.

Mixed Reality Headsets Market: Restraints & Challenges

The key restraints and challenges in mixed reality headsets market are mainly due to the high cost of the hardware and the lack of content. The hardware cost is a major challenge as it is not affordable for a large number of people. The lack of content is also a challenge as there is not much content available for people to consume. Lack of quality content is expected to challenge the mixed reality headsets market. To attract customers and gain a strong foothold in the industry, companies need to ensure that enough good quality content is available on the internet. Moreover, rising health concerns due to the prolonged use is expected to challenge the industry in the long term. Users may also experience eye strain since they need to focus on a pixelated screen with these near-to-eye devices.

Mixed Reality Headsets Market Report Findings

https://www.globalinsightservices.com/reports/mixed-reality-headsets-market/

The metal stents segment is likely to hold a dominant Mixed Reality Headsets Market share and grow at a substantial CAGR during the forecast period.

By technology, the market is segmented into augmented reality, and virtual reality. The virtual reality segment accounted for significant market share in 2021 and is expected to register lucrative CAGR over the forecast period. This expansion is attributable to the broad use of virtual reality and the increasing popularity of industrial Internet of things, industrial robots, and smart factories, which have provided a major platform for VR uses in the manufacturing sector. Commercial use of VR devices is higher than the AR counterparts, due to low cost and wide usage of immersive devices in the gaming industry. These are being increasingly adopted in the movie theatres due to their ability to block distractions and ambient light, thus providing users enhanced experience.

The gallstones segment is anticipated to hold a majority of the Mixed Reality Headsets Market size throughout the study period.

By product, the Mixed Reality Headsets Market is classified into head-mounted display, and smart glasses. HMDs is expected to grow significantly over the next seven years in the mixed reality headsets market, owing to the presence of large number of manufacturers. Easy availability of raw materials and software required to manufacture these devices is expected to bode well for the industry growth. High demand for HMDs is expected from the aerospace & defense sector. These devices are being used for training and simulation in manufacturing and flying aircrafts. In December 2015, NASA announced that the astronauts will use the Microsoft HoloLens as a real-time instruction manual. The project called Project Sidekick is undertaken to facilitate closer communication between ground control and the astronauts in space.

The ambulatory surgical centres segment is anticipated to hold a majority of the Mixed Reality Headsets Market size throughout the study period.

Based on end-user segment of the market is bifurcated into entertainment, healthcare, aerospace & defense, automotive, retail, industrial, and others. Healthcare applications in the mixed reality headsets market are growing significantly, owing to enhanced capabilities of these devices in diagnostic and therapy segments. Many small players in the industry are investing to develop new products to cater to the requirements from the healthcare sector. For instance, in September 2017, a U.S.-based startup, NuEyes announced the development of smart glasses for the people with impaired vision. The battle to capture the three trillion-dollar healthcare industry has started with the tech-giants such as Apple and Google acquiring healthcare technology companies to develop smart glasses for diagnosis. At the World Economic Forum in January 2017 in Davos, Bill McDermott, SAP CEO emphasized that personalized medicine using technology will be the future of the healthcare industry and that the industry will move from an analog experience to digital, thus propelling the mixed reality headsets market growth.

The North America region is estimated to exhibit the highest growth rate during the Mixed Reality Headsets Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America emerged as the leading region in the Augmented Reality & Virtual Reality in Manufacturing Market with the highest revenue share in 2021. Increased adoption of industrial revolution 4.0 in the U.S. manufacturing sector stimulates industry expansion in the region.

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Competitive Landscape

The key players in the Mixed Reality Headsets Market Apple Inc., Atheer, Inc., Dell, GlassUP S.r.l, Google LLC, The Hewlett-Packard Company, HTC Corporation, Lenovo, LG Electronics Inc., and Samsung, among others.

Recent Developments in the Mixed Reality Headsets Market:

• In Aug-2022: Vuzix Corporation launched Blade 2 smart glasses, its third generation Blade model. This Blade 2 is an AR workforce solution developed on the popular Blade form factor, which would provide a host of better features and high performance specifically developed to fulfill the requirements of connected workers.
• In Aug-2022: Vuzix Corporation signed an agreement with L3Harris Technologies, an American technology company. This agreement aimed to create a personalized waveguide-based optics engine, which aimed to be utilized in head borne systems developed for military applications.
• In May-2022: Microsoft came into a partnership with Kawasaki, a group of motorsport vehicles. Under this partnership, Kawasaki became a new customer for the tech giant’s “industrial metaverse”, which is a fancy way of saying factory floor workers to wear a HoloLens headset to assist with production, repairs, and managing supply chains.
• In May-2022: Google took over Raxium, a Bay Area startup. This acquisition aimed to work on microLED display technologies for wearables and augmented & virtual reality (AR and VR) headsets.
• In May-2022: ESI Group teamed up with ENSAM, a French engineering and research institute of higher education. Through this collaboration, ESI Group would expand its commitment to the industrial and academic ecosystems by enabling Inspector software accessible to as many individuals as possible, allowing them to collaborate on a dependable and flexible solution to tackle the technological problems and special requirements of the community.
• In Feb-2022: Harman International, a subsidiary of Samsung Electronics took over Apostera, a German automotive software firm. This acquisition aimed to expand its business in the augmented reality and mobility technology sector. Integrated with Harman’s digital cockpit product portfolio, Apostera’s technologies would narrow the gap between the physical and digital worlds.
• In Jan-2022: Microsoft launched its mixed reality headset HoloLens 2 in India. HoloLens 2 assists companies and their employees to complete important tasks quickly, safely, and more efficiently, and develop new ways to connect with customers as well as partners.
• In Jan-2022: Microsoft joined hands with Qualcomm Technologies, an American multinational corporation. This collaboration aimed to expand and boost the adoption of augmented reality (AR) in the consumer and enterprise sector. Under this collaboration, Qualcomm Technologies would work with Microsoft across various initiatives to support the ecosystem, comprising the development of custom AR chips to allow a new wave of power-efficient, lightweight AR glasses to offer rich and immersive experiences, and plans to combine software such as Microsoft Mesh and Snapdragon Spaces XR Developer Platform.

Mixed Reality Headsets Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Mixed Reality Headsets Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Mixed Reality Headsets Market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Mixed Reality Headsets Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global kidney stones management market.

Global Mixed Reality Headsets Market Segmentation

By Technology

• Augmented Reality
• Virtual Reality

By Product

• Head-mounted Display
• Smart Glasses

By End-user

• Entertainment
• Healthcare
• Aerospace & defense
• Automotive
• Retail
• Industrial
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Apple Inc.
• Atheer, Inc.
• Dell
• GlassUP S.r.l 
• Google LLC
• The Hewlett-Packard Company 
• HTC Corporation
• Lenovo 
• LG Electronics Inc.
• Samsung

DevOps Market to Reach US$ 35.8 Bn by 2032, driven by increasing digitization in the banking sector: Global Insight Services

New York, April 2023: According to a new research study by Global Insight Services (GIS), the global DevOps market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 25.8 Billion by 2032.

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DevOps Market: Key Trends and Drivers

The adoption of software development automation technologies including continuous integration and Continuous Deployment (CI/CD) practices is likely to fuel the industry growth. The evolution of automation technologies across various industry verticals has strengthened the demand for DevOps tools. As software upgrades are becoming increasingly important in a digitally empowered landscape, enterprises are adopting DevOps solutions for quick development and deployment.

DevOps Market: Restraints & Challenges

The key restraints and challenges in DevOps market are lack of skilled personnel: There is a lack of skilled personnel who are trained in both traditional IT operations and development and are able to work in a DevOps environment. Lack of standardization: There is no standardization in the DevOps market, which makes it difficult for organizations to compare and select the right solutions and vendors. High costs: DevOps solutions and services can be expensive, which can be a barrier for organizations with limited budgets. Implementation challenges: DevOps can be complex to implement and there can be challenges associated with integrating it into existing IT infrastructures.

DevOps Market Report Findings

https://www.globalinsightservices.com/reports/devops-market/

The solution segment is likely to hold a dominant DevOps market share and grow at a substantial CAGR during the forecast period.

By component, the market is segmented into solution, and services. The solutions segment in the United States held more than 65% of the DevOps market share in 2021 and is estimated to exhibit steady growth through 2028. The growing popularity of automated testing and development tools has accentuated the demand for management DevOps solutions. Development & operations analytics is also gaining traction across the country as enterprises are increasingly adopting analytics to streamline the software delivery lifecycle and gain better insights into automated software testing data. For instance, in May 2020, IBM launched an upgraded version of its IBM AIOps solution, which monitors structured & unstructured data of log files and alerts development teams through predictive analytics in case of any unwanted incidents.

The on-premise segment is anticipated to hold a majority of the DevOps market size throughout the study period.

By deployment model, the DevOps market is classified into On-premise, Public Cloud, Private Cloud, and Hybrid Cloud. The on-Premises segment accounted for significant revenue in 2021 driven by the shifting preference of Chinese enterprises toward on-premise hosting of development & operations tools. On-premise solutions offer greater control over enterprise data and better resiliency compared to cloud-based tools. As per the data released by Alibaba Cloud Computing, the Chinese DevOps market is fundamentally different from mature regional markets such as Singapore or ANZ. There is a longstanding preference for enterprise-owned physical assets instead of procuring external services such as outsourcing or managed services.

The IT & telecom sector segment is anticipated to hold a majority of the DevOps market size throughout the study period.

The application segment of the market is bifurcated into BFSI, healthcare, government, IT & telecom, manufacturing, retail, and others. The IT & telecom sector in Germany captured nearly 30% of the DevOps market share in 2021 owing to rising awareness of the usage of DevOps tools to complement the capabilities of Network Function Virtualization (NFV) technologies. This has propelled German telecom service providers to utilize DevOps processes to manage their container-based networks. The advent of several virtualization technologies including virtual firewalls, traffic routing, and broadband remote server addresses has proliferated the market demand for CI/CD solutions. Infrastructure-as-a-Code (IaaC) coupled with automated-based IT orchestration assists the German IT & telecom industry to efficiently code & pack virtualization processes into containers.

The Asia Pacific region is estimated to exhibit the highest growth rate during the DevOps market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific DevOps market revenue is poised to grow significant CAGR during the forthcoming years. The regional industry is characterized by extensive digitization across sectors, especially the IT & telecom. Moreover, the growing penetration of software automation tools in India and South Korea to deliver efficient software automation across the BFSI & retail sectors has accentuated the market growth. Regional SMEs are rapidly adopting automated software delivery tools to streamline operations and reduce capital expenditure by integrating hybrid cloud solutions with CI/CD tools. This is another major factor contributing to the expanding market presence of DevOps technologies.

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Competitive Landscape

The global DevOps market report includes players such as Amazon Web Services, Inc., Broadcom, Dell Technologies, Inc., Google LLC, Hewlett Packard Enterprise Development LP, IBM Corporation, Micro focus, Microsoft Corporation, Oracle Corporation, and Rackspace Technology, among others.

Recent Developments in the DevOps Market:

• In November 2021, HSBC has signed a multi-year deal with DevOps platform CloudBees to standardise software delivery for over 23,000 developers globally.
• In June 2021 Copado, announced a milestone release as it opens up its platform for true multi-cloud DevOps for enterprise SaaS and low-code development.
• In January 2021, Cloudreach Launches DevOps as a Service to Provide Flexible Support for Organizations Driving IT Transformation.
• In February 2020, Amazon Web Services invested USD 236 million to build a data center facility in Sao Paulo, Brazil. This investment helped the company to uphold the adoption of cloud-powered DevOps services across public and private enterprises.
• In January 2020, CollabNet VersionOne and XebiaLabs Combine to Create Integrated Agile DevOps Platform.

DevOps Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global DevOps market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future DevOps market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the DevOps market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global kidney stones management market.

Global DevOps Market Segmentation

By Component

• Solution
• Services

By Deployment Model

• On-premise
• Public Cloud
• Private Cloud
• Hybrid Cloud

By Application

• BFSI
• Healthcare
• Government
• IT & Telecom
• Manufacturing
• Retail
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Amazon Web Services, inc.
• Broadcom
• Dell Technologies, Inc.
• Google LLC
• Hewlett Packard Enterprise Development LP
• IBM Corporation
• Micro focus
• Microsoft Corporation
• Oracle Corporation
• Rackspace Technology

Cloud POS Market to Reach US$ 11.4 Bn by 2032, driven by increased demand for contactless payment options came as a respite, creating a favorable scenario for market players: Global Insight Services

New York, April 2023: According to a new research study by Global Insight Services (GIS), the global Cloud POS market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 11.4 Billion by 2032.

Cloud POS refers to a point of sale system that is based on the cloud. This means that all of the data and applications associated with the POS system are stored on a remote server, and accessed via the internet. There are a number of benefits to using a cloud POS system, including the fact that it can be accessed from anywhere, and is much more scalable than a traditional POS system.

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Cloud POS Market: Key Trends and Drivers

The surge in the utilization of online food delivery services is likely to drive the industry growth. For instance, in December 2021, Zomato Ltd. confirmed a gross merchandise value of around USD 13.5 million compared to approximately USD 10.1 million on the exact date last year. To ensure strong business growth, the market players are implementing cloud POS solutions to gain operational scalability and flexibility offered by cloud computing technology. The rising implementation of cloud POS solutions that enable to link online orders, financial transactions, and inventory efficiently will fuel the market demand.

Cloud POS Market: Restraints & Challenges

The key restraints and challenges in cloud POS market are lack of awareness about the benefits of cloud POS among small and medium businesses: Small and medium businesses are often unaware of the benefits of cloud POS systems and this acts as a restraint for the growth of the cloud POS market. High initial investment: The initial investment required for setting up a cloud POS system is high as compared to traditional POS systems. This acts as a deterrent for small and medium businesses who are looking to adopt cloud POS. Lack of skilled personnel: The lack of skilled personnel who can operate and maintain cloud POS systems is another challenge faced by the cloud POS market. Security concerns: Security concerns are also a major challenge faced by the cloud POS market. As cloud POS systems store sensitive data such as customer credit card information, there is a risk of this data being hacked or leaked.

Cloud POS Market Report Findings

https://www.globalinsightservices.com/reports/cloud-pos-market/

The large enterprises segment is likely to hold a dominant Cloud POS market share and grow at a substantial CAGR during the forecast period.

By organization size, the market is segmented into SMEs, and large enterprises. The large enterprises segment in the held significant market share in 2021 and is estimated to exhibit steady growth through 2032. Introduction of new innovative solutions by companies are propelling the regional business expansion. The industry participants such as Mastercard International Incorporated, NCR Corporation, and Oracle Corporation, are investing in R&D activities to increase their portfolio and target a wide set of customers. In January 2021, Mastercard International Incorporated partnered with NMI & Global Payments Inc. to introduce its live Cloud Tap on Phone with Computer Engineering Group. The software is designed for business of any size and will be hosted on Azure cloud platform. This will support the large enterprises in reducing their maintenance & development costs, while offering robust security features. The advancement in cloud POS solutions will attract more companies to integrate the cloud computing technology with the existing network.

The software segment is anticipated to hold a majority of the Cloud POS market size throughout the study period.

By component, the Cloud POS market is classified into Software, Maintenance & Support, and Consulting & Training. The software segment accounted for significant revenue in 2022 driven by the rise in installation of modern digital solutions that enable hassle-free and paperless transactions. The hospitality sector is focusing on replacing legacy systems with advanced cloud POS solutions to ensure customer convenience. Companies in the hospitality sector are focusing on maximizing profitability while streamlining daily operations.

The restaurant segment is anticipated to hold a majority of the Cloud POS market size throughout the study period.

The application segment of the market is bifurcated into Retail & E-Commerce, Restaurant, Hospitality, Transportation & Logistics, Entertainment & Media, Healthcare, and others. The restaurant segment captured significant market share in 2022. The restaurant sector is emphasizing on the concept of cloud-based kitchens to capture a large customer base. Through this, they are expanding their market penetration across the region at a low startup cost. The growing implementation of the virtual kitchen concept will augment the requirement of cloud POS system for order and revenue management. It assists the restaurants in increasing their customer base, profitability, and gross margins. The rising focus on the development of cloud kitchen restaurants in the UAE will further enhance the industry expansion.

The Asia Pacific region is estimated to exhibit the highest growth rate during the Cloud POS market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific Cloud POS market revenue is poised to grow significant CAGR during the forthcoming years. The stay-at-home regulations imposed during the pandemic further boosted the utilization of e-commerce platforms and digital payment technologies. For instance, as per the Flipkart December 2021 report, the company witnessed a 47% year-on-year customer growth from the Tier 3+ cities in this past calendar year. This indicates the shift in consumer purchase habits in fashion, electronic, books, groceries, and medicine categories. To effectively cater to the increasing demand, several stakeholders in the ecosystem, such as merchants, vendors, and service providers, are focusing on integrating the cloud POS solutions into their system.

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Competitive Landscape

The global Cloud POS market report includes players such as Amazon Web Services, Inc., Broadcom, Dell Technologies, Inc., Google LLC, Hewlett Packard Enterprise Development LP, IBM Corporation, Micro focus, Microsoft Corporation, Oracle Corporation, and Rackspace Technology. among others.

Recent Developments in the Cloud POS Market:

• In June 2021, Toast acquired xtraChef, which provides customized back-office automation for inventory management and accounts payable. The acquisition is aimed at enhancing the Toast POS solution for managing restaurant financial health
• In March 2021, Lightspeed acquired Vend Limited, a cloud-based retail management software vendor based in New Zealand. The acquisition was aimed at strengthening the company’s customer base in the retail sector and establishing a strong foothold as a global Omni channel retail platform that can be integrated with POS for small- and medium-sized businesses.
• In December 2020, Lightspeed had also acquired Upserve, which catered to the restaurant sector for payment solutions.

Cloud POS Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Cloud POS market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Cloud POS market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Cloud POS market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global kidney stones management market.

Global Cloud POS Market Segmentation

By Organization Size

• SMEs
• Large Enterprises

By Component

• Software
• Maintenance & Support
• Consulting & Training

By Application

• Retail & E-Commerce
• Restaurant
• Hospitality
• Transportation & Logistics
• Entertainment & Media
• Healthcare
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Square, Inc.
• Cegid
• UTC RETAIL
• Shopify Inc.
• ShopKeep
• Poster POS Inc
• Lightspeed
• RetailOps
• Clover Network, Inc.
• Oracle Corporation 

Extended Reality (XR) Market to Reach US$ 112.6 bn by 2032, driven by the increasing demand for more realistic and immersive gaming experiences: Global Insight Services

New York, April 2023: According to a new research study by Global Insight Services (GIS), the global Alternative Lending Platform Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 112.6 bn by 2032.

Extended reality (XR) is a term used to describe all-immersive, interactive technologies that allow users to interact with digital content in a real-world environment. This can include anything from virtual reality (VR) and augmented reality (AR) to mixed reality (MR) and extended reality (XR).

XR is often used to describe a new era of computing where the physical and digital worlds merge, and where users are able to interact with digital content in a natural and realistic way. This is made possible by advances in technology, such as head-mounted displays, motion tracking, and haptic feedback. XR has the potential to transform the way we live, work, and play. For example, it can be used for education and training, to give people the ability to learn new skills in a realistic and interactive way. It can also be used for entertainment, to create experiences that are more immersive and interactive than traditional forms of media. XR has already begun to change the way we interact with technology, and it is expected to have a profound impact on society in the years to come.

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Extended Reality (XR) Market: Key Trends and Drivers

There are a few key drivers of the extended reality market. The first is the increasing demand for more realistic and immersive gaming experiences. This has led to a need for more sophisticated hardware and software that can create realistic virtual environments. The second driver is the growing popularity of virtual reality and augmented reality technology in other industries such as healthcare, retail, and manufacturing. This is providing a boost to the extended reality market as businesses look for ways to improve their product or service offerings. Finally, the decreasing cost of extended reality technology is making it more accessible to a wider range of consumers and businesses.

Extended Reality (XR) Market: Restraints & Challenges

Extended reality is a new and emerging technology with a range of potential applications across various industries. However, there are a number of key restraints and challenges associated with the development and adoption of extended reality technology.

One of the key challenges is the high cost of hardware and software required to create and experience extended reality. This includes expensive head-mounted displays and high-powered computers. This limits the technology to those who can afford it and makes it difficult to achieve mass adoption.

Another challenge is the lack of standardization and interoperability between different extended reality platforms. This makes it difficult for developers to create content that can be experienced across multiple devices and platforms. This also limits the ability of users to share extended reality experiences with others.

Finally, there are concerns about the potential negative impact of extended reality on users. There are fears that the technology could be used to create immersive and addictive experiences that could have a negative impact on people’s mental health. There are also concerns about the privacy implications of extended reality, as the technology could be used to collect sensitive data about users without their knowledge or consent.

Extended Reality Market Report Findings

The consumer engagement segment is anticipated to hold a majority of the Extended Reality Market size throughout the study period.

By solution, the Extended Reality Market is segmented into consumer engagement and business engagement. The consumer engagement segment held the largest market share of xx% in 2022 and is expected to grow at a significant CAGR over the forecast period.Customers are rapidly rejecting banking companies that do not understand their demands and do not deliver customized real-time advice. Creating compelling banking experiences throughout the client journey across all channels is now a must.
India is one of the most rapidly rising Fintech markets, with a digital adoption rate nearly double that of the previous year. The Reserve Bank of India has redirected its focus to the Fintech industry, creating a separate department that would be entirely responsible for Fintech policies. In order to create a “cashless” economy, officials guarantee that safe, secure, and affordable e-payment technologies are always available. Engaging clients and establishing trust is one of the most important components of boosting digital payment with a new twist.

The VR segment is anticipated to hold a majority of the Extended Reality Market size throughout the study period.

By application, the market is segmented into AR, VR, and MR. Virtual Reality (VR) enables users to experience a three-dimensional environment in the real world. This immersive experience for consumers is created by VR technology through gadgets such as VR headsets, glasses or gloves, and bodysuits. VR technology has also transformed the gaming and entertainment sectors by enabling users to engage themselves in a highly-simulated gaming world. Furthermore, the increasing use of virtual reality in instructional training, such as for field workers, engineers, mechanics, pilots, defense personnel, and technicians in the various industrial sectors, is propelling the market’s growth.

The media and entertainment segment is anticipated to hold a majority of the Extended Reality Market size throughout the study period.

By end-user, the market is segmented into education, healthcare, retail, industrial and manufacturing, media and entertainment  and Others. of these media and entertainment segment holds significant market share
Over the last few years, media companies have examined XR technology as a new frontier for storytelling and a possible advertising outlet. They have partnered with companies developing virtual reality (VR) headsets and software developers broadcasting VR events, attempting to determine how to build the best VR content. Furthermore, some firms are also beginning to invest in VR companies. The XR’s greatest marketing potential lies in its engagement capabilities, which allow companies to build emotional connections to their products and services. With XR-powered technology, media companies can reach their target audience more effectively. Simulating real-world experience, XR applications make the customer experience more interactive, engaging, and appealing. As a result, digital agencies and media buyers can build an emotional attachment to their brands..

The North America segment is anticipated to hold a majority of the Extended Reality Market size throughout the study period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region of the extended reality market is expected to grow significantly over the forecast period, owing to many vendors making considerable investments in market innovation. Globally, the United States has been one of the highly innovative augmented reality (AR), Virtual Reality (VR), and mixed reality (MR) markets. Most of the companies that are advancing in this technology are based in the United States. High technology exposure and the ease of smart devices have created a strong demand in the region. Microsoft’s AR product, Hololens, first released in the United States and Canada, received a positive response from users nationwide. The region is also expected to hold a significant market share. The US Government has been finding both direct and indirect ways to use these technologies to facilitate innovations and promote prosperity. Moreover, the Foreign Service Institute at the State Department has introduced VR as an experiential learning tool in specific training. Moreover, various AR and VR training programs have been implemented to develop local workforces and manage wastewater. The region is also dominating the market owing to the high technology exposure and the easy availability of resources, which created a robust demand for extended reality devices. Many companies in the region are deploying innovative technology into their AR/VR wearablesn.

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Competitive Landscape

The key players in the market are Qualcomm Incorporated, Agile lens, Tata Exlsi, Apple Inc, Semcon, Samsung Electronics, Medtronic, HTC, Oculus VR, and Seiko Epson.

Recent Developments:

• November 2022: Varjo launched a platform for Unreal Engine and Unity projects for its VarjoReality Cloud platform. This ready-to-use enterprise software as a service (SaaS) primarily enables real-time VR/XR cloud streaming capabilities anywhere and at any time to supported devices, especially for professional users.
• October 2022: Talespin declared new funding from the WestRiverGroup. The deal includes Talespin’sstrategic acquisition of the ‘Pioneer Adaptive Learning Platform’ and the addition of new employees and advisors from Singularity.

 Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Alternative Lending Platform Market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Alternative Lending Platform Market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Alternative Lending Platform Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global Market Segmentation

• By Solution
  • Consumer Engagement
  • Business Engagement
• By Application
  •  Virtual Reality (VR)
  • Augmented Reality (AR)
  • Mixed Reality (MR)
• By End-user
  • Education
  • Retail
  • Industrial and Manufacturing
  • Healthcare
  • Media and Entertainment
  • Other End-user Industries

• By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Spain
    • Italy
    • UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Rest of the world
    • • Latin America
      • Middle East
      • Africa

Data Storage Market to Reach US$ 282.4 Bn by 2032, driven by rising demand for data storage in retail, healthcare, and manufacturing sector and a consequent rise in the adoption of cloud computing

New York, April 2023: According to a new research study by Global Insight Services (GIS), the global Data Storage Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 282.4 Billion by 2032.

Data storage refers to the recording or storing of information and data in an electromagnetic, optical, or silicon-based storage medium. Data is often stored in a digital, machine-readable medium, and is called digital data. The prevalent forms of data storage are file storage, object storage, and block storage.

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Digital Power Utility Market: Key Trends and Drivers

The rapidly growing digital infrastructure and penetration of cloud-based services in organisations are driving the global data storage industry forward. As new industries are joining the market, there have been a rise in new technologies and improvements in the existing structures of data storages, taking the market forward. Increased production of information from input-output electronic devices across various applications is acting as a catalyst for the market growth. The adoption of data storage structures in banks as a move to reduce paperwork and increase digitisation is providing an impetus to the market growth. Moreover, the adoption of technologies like the internet of things (IoT) in various end-use industries is expected to drive the market forward.

Digital Power Utility Market: Restraints & Challenges

The high cost involved in the collaboration and integration of diverse applications of digital utility hinders the growth of the digital utility market in the global market. The lack of awareness is another major factor that restricts market growth. Also, the issue of cyber security is a major shortcoming in the growth of the digital utility market.

Data Storage Market Report Findings

https://www.globalinsightservices.com/reports/data-storage-market/

The Direct-Attached Storage segment is likely to hold a dominant Data Storage Market share and grow at a substantial CAGR during the forecast period.

By Storage System, the Data Storage Market is segmented into Direct-Attached Storage, Network-Attached Storage, and Storage Area Network. The Direct-Attached Storage segment held the largest market share of xx% in 2022 and is expected to grow at a significant CAGR over the forecast period. Direct Attached Storage (DAS) is the oldest and most conventional data storage system connected directly to a computer, such as a server or PC, unlike other storage systems connected to a computer over a network.

DAS offers specific benefits compared to other storage systems that play an essential role in many organizations’ storage strategies: high performance, easiness during the setup and configuration, fast access to data, and low cost. Generally, DAS offers high storage performance to the computer system it is directly attached to, owing to the advantage of fast computer bus interfaces, such as SAS and SATA, and the close location of data to the system’s RAM and processor. Recently, in May 2022, TerraMaster launched a new 8-bay direct-attached storage (DAS) device for customers who need a central location to store a lot of data. Unlike NAS, DAS is used locally through the use of cables that directly connect to a PC or other device. The new TerraMaster D8-332 is professional RAID storage with a capacity of up to 160TB.

One common application of DAS is in data centres. Applications such as web hosting use DAS, where customers want their own private storage devices connected to their dedicated server. DAS is also commonly utilized in data centres as storage used for booting the operating systems and/or hypervisors. The integrated solutions segment is expected to register the highest CAGR over the forecast period. Integrated solutions offered in the market include cloud and software services. The software solution assists in digitizing assets, optimizing operations, providing flexibility, and improving reliability.

The Cloud Service Providers segment is likely to hold a dominant Data Storage Market share and grow at a substantial CAGR during the forecast period.

By end-user, the Data Storage Market is segmented into Media and Entertainment, Education, IT and Telecommunications, Defence and Aerospace, Banking, Financial Services and Insurance (BFSI), Cloud Service Providers, and Others. The cloud service providers segment is projected to emerge as one of the fastest-growing segments in the market for next-generation data storage over the forecast period. Cloud computing is likely to play a massive role in the development of next-generation machines. Moreover, the increased adoption of cloud technologies such as hybrid cloud, IoT, BDaaS, and PaaS, is likely to necessitate cloud service providers to utilize next-generation data storage solutions to better cater to their customers.

The Asia-Pacific region is estimated to exhibit the highest growth rate during the Data Storage Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America dominated the market for next-generation data storage in 2022, accounting for a nearly xx% revenue share of the global market. This can be attributed to the large volume of unstructured data across several industry verticals and the need for secure and economic solutions for storing data. Easy availability of technologically advanced products such as 3D and molecular storage is likely to further fuel growth prospects of the North American market over the forecast period.

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Competitive Landscape

The key players in the market are Siemens AG, General Electric, IBM, Oracle Corporation, SAP SE, Schneider Electric SE, ABB LTD, Eaton Corporation, and Capgemini, among others.

Recent Developments in the Digital Power Utility Market:

• In October 2021, Dell Technologies announced new additions to its Dell EMC PowerScale portfolio. PowerScale is the company’s integrated network-attached storage (NAS) solution for AI-based initiatives, from proof of concept to deployment.
• In April 2021, IBM announced plans to launch a new container-native software-defined storage (SDS) solution, IBM Spectrum Fusion, in the second half of 2021. The solution was expected to be designed to fuse IBM’s general parallel file system technology and its data protection software to give businesses and their applications a simple and less complex approach to accessing data seamlessly within the data centre, at the edge and across hybrid cloud environments.

Data Storage Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Data Storage Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Data Storage Market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Data Storage Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.
• centre, at the edge and across hybrid cloud environments.

Global Data Storage Market Segmentation

By Storage System

• Direct-Attached Storage
• Network-Attached Storage
• Storage Area Network

By End-user

• Media and Entertainment
• Education
• IT and Telecommunications
• Defence and Aerospace
• Banking, Financial Services and Insurance (BFSI)
• Cloud Service Providers
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• IBM Corporation
• NetApp Inc.
• Microsoft Corporation
• Pure Storage Inc.
• Dell Inc.
• Samsung Electronics
• Toshiba Corporation
• Fujitsu Ltd.
• Hewlett Packard Enterprise
• Intel Corporation

Social Networking App Market to Reach US$ 430.2 Bn by 2032, driven by the increasing penetration of internet and mobile phones: Global Insight Services

New York, April 2023: According to a new research study by Global Insight Services (GIS), the global Social Networking App market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 430.2 Billion by 2032.

A social networking app is an app that allows people to connect with each other for the purpose of sharing information, and experiences, or simply chatting. There are many different social networking apps available, each with its own unique features and purpose. Some popular social networking apps include Facebook, Twitter, Instagram, and Snapchat.

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Social Networking App Market: Key Trends and Drivers

Growing investment from Meta to provide in-stream ad-free features for global clients is propelling market growth. Rapidly growing demand for free gaming subscription-based social networking apps in the U.S. is bolstering the industry growth over the years. 3D image context with augmented reality-based features of social media is refueling the business needs. The growing demand for big-screen interfaces with dark mode in the U.K. is set to drive the use of these applications. National lockdowns enforced across the globe owing to the effect of coronavirus led to widely affecting the global supply chain of numerous businesses worldwide. Smoother in-app purchasing of social services and the rapid shift of consumers to software as a service-based app had taken a dramatic boost for social networking apps. Discovering online communities for theatre, sports art, music, games, and yoga, had gained traction during the pandemic era. The growing demand for live streaming videos and the surge in the adoption of OTT platforms in India had further propelled the market growth.

Social Networking App Market: Restraints & Challenges

There are a few key restraints and challenges in the social networking app market. Firstly, users are becoming more aware of the potential risks associated with sharing personal information online. This is leading to a decline in usage of social networking apps, as users are increasingly concerned about their privacy. Secondly, social networking apps are also facing competition from other types of apps, such as messaging apps and gaming apps. This is making it difficult for social networking apps to maintain their user base. Finally, social networking apps are also facing regulatory scrutiny in many jurisdictions. This is making it difficult for them to operate freely in many markets.

Social Networking App Market Report Findings

https://www.globalinsightservices.com/reports/social-networking-app-market?preview=true

The Smartphones segment is likely to hold a dominant Social Networking App market share and grow at a substantial CAGR during the forecast period.

By device type, the market is segmented into smartphone, laptop, and others. In 2022, Smartphones accounted for a significant revenue share and are anticipated to continue their dominance in the coming years. The segment’s growth is attributed to an increase in the usage of smartphones across the globe. Most of the population considers mobile phones convenient to use for these apps. The rise of smartphones will have a huge impact on social media usage, as most users spend digital media time on social sites and 80% of entertainment apps are accessed through a smart mobile phone. For instance, in the North American region, apps such as Instagram, and Snapchat, which are used for entertainment, are primarily accessed through mobile phones. As per GVR’s primary research analysis, 83% of Instagram and 87% of Snapchat usage occurs through smartphones.

The Google play store segment is anticipated to hold a majority of the Social Networking App market size throughout the study period.

By market place, the Social Networking App market is classified into Google Play Store, Apple iOS Store, Microsoft Store, and Others. In 2022, Google play store dominated the global market. The market dominance of the google based platform is due to the presence of more android devices worldwide compared to the apple IOS store, Microsoft store, and others. The google play store also offers more options regarding the number of applications on the marketplace compared to the apple IOS store, Microsoft store, and other stores. Worldwide connectivity, the best android widgets, an open ecosystem, customizable online marketing for social networking apps, and an intelligent multitasking system are refueling the market growth. The surging number of social networking apps available in the play store will raise their popularity in the forthcoming years.

The others segment is projected to register significant market growth during the forecast timeline. Rising demand for BADA project templates from the consumers of Asia Pacific is propelling market growth. The emergence of multitasking features with flash-based applications is the prime feature of the BADA operating system. BADA shared library and the flexibility of the operating system will contribute to enhancing the market growth…

The advertising segment is anticipated to hold a majority of the Social Networking App market size throughout the study period.

Based on revenue source, the market is segmented into advertising, in-app purchases, and paid apps. The advertising segment accounted for a significant revenue share in 2022. Using social media to reach out to the target audience and offer highly customized ad campaigns on social media apps is known as social media advertising. Advertising is the major source of income for social medial companies. In 2020, Meta registered an average of 2.89 billion active users monthly across the globe and estimates the average revenue per user accounted for USD 32.03 generated through advertising. Also, in 2020, Meta’s advertising revenue accounted for USD 84.2 billion. The main types of advertisements include video ads, story ads, messenger ads, and static image ads, among others.

The Asia Pacific region is estimated to exhibit the highest growth rate during the Social Networking App market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific made the largest contribution in the global market of 40.2% revenue share in 2022 due to the growing adoption of social media integration in emerging economies such as China and India. The rising trend in China to adopt technologically advanced video reel-based apps with the feature of video editing support is propelling industry growth. The market share of India is driven by the rising demand for AI-based social networking applications for business networking. Customized recommendations in these apps with innovative virtual platforms will contribute to the market growth in the times to come. Moreover, the rising demand for custom camera tools with cool tricks is further anticipated to boost the industry’s growth.

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Competitive Landscape

The key players in the Social Networking App market  are Reddit, Snapchat, Twitter, Meet Up, Facebook, Tumblr, Viber, Instagram, Line, and Yubo., among others.

Recent Developments in the Social Networking App Market:

• In August 2022, Snapchat Launches Snapchat+ Service in India, at a significantly lower price point.
• In December 2021, Snapchat launched new story studio app to better facilitate video content creation
• In October 2021, VerSe Innovation announced the acquisition of GolBol, a social networking app. The financial details of the deal were not disclosed.
• In December 2020, Forpose Pvt. Ltd., announced the launch of a social networking app named Forpose. A beta version of the application had gone live in August this year.

Social Networking App Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Social Networking App market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Social Networking App market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Social Networking App market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global kidney stones management market.

Global Social Networking App Market Segmentation

By Device Type

• Smartphone
• Laptop
• Others

By Market Place

• Google Play Store
• Apple iOS Store
• Microsoft Store
• Others

By Revenue Source

• Advertising
• In-App Purchase
• Paid App

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Reddit 
• Snapchat
• Twitter 
• Meet Up
• Facebook
• Tumblr
• Viber
• Instagram 
• Line
• Yubo

Internet Of Things In Retail Market to Reach US$ 555.2 Bn by 2032, driven by the increase in the number of military attacks in the province: Global Insight Services

New York, March 2023: According to a new research study by Global Insight Services (GIS), the global Internet Of Things In Retail market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 555.2 Billion by 2032.

The use of IoT in retail industry is tightly connected to GPS and RFID technologies that help brands track products through the entire supply chain process. It gives retailers the visibility they need to monitor product movement, conditions and track location as well as predict a precise delivery time.

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Internet Of Things In Retail Market: Key Trends and Drivers

Factors such as effective store premise monitoring, inventory management, supply chain management, and customer behavior observation are driving the demand for internet of things (IoT) in retail market. Optimizing and automating the supply chain is one of the prime factors for the adoption of IoT among retailers. Connecting technologies, including digital signage, on-shelf displays, beacons, and price tickers, provide opportunities for a brand to gain access to a high amount of data on customer activity during in-store shopping.

Moreover, inclusion of digital and in-store operations in the retail sector. IoT is expected to revamp the retail industry, transforming traditional brick and mortar shops into advanced digital stores. The technology provides a competitive edge to the retailers with the help of smart shelves and RFID tags, which detect low inventory and track the movement of the respective goods. The adoption of IoT technology helps retailers to effectively manage in-store operations and provide an improved shopping experience to their customers.

Internet Of Things In Retail Market: Restraints & Challenges

Most retailers lack the infrastructure and network components that huge volumes of IoT data require. In order for merchants to digitize their retail stores, they would need to have a robust network, cloud solutions, and end-user solutions such as barcode scanners, tablets, and mPOS. All of those things would require considerable investment. Furthermore, many retailers are wary of the security and privacy issues associated with IoT. These concerns have been amplified by the introduction of GDPR (General Data Protection Regulation). Access to the customer’s data gives retailers various opportunities but at the same time opens the door to cyber-attack threats and legal complications.

Internet Of Things In Retail Market Report Findings

https://www.globalinsightservices.com/reports/internet-of-things-in-retail-market/

The hardware segment is likely to hold a dominant Internet Of Things In Retail market share and grow at a substantial CAGR during the forecast period.

On the basis of solution, it is segmented into hardware, software. The hardware segment accounted for the highest revenue share of over xx% in 2022. The surge in the number of interconnected devices in retail outlets and the decreasing prices of IoT sensors are expected to propel the segment growth. The government’s support and need to adopt IoT technology to enhance productivity, increase stock efficiencies, and automate supply chains are encouraging retailers to install hardware components. Retailers’ commitment to IoT innovation is contributing to the growth of connected devices, including both RFID tags and beacons.

The increasing adoption of retail analytics is expected to augment the software segment growth over the next seven years. The proliferation of smartphones and the use of mobile applications are driving the retail software segment growth. The emerging app-driven hardware and the focus of retailers on providing integrated solutions are expected to positively impact the segment growth. Additionally, the introduction of smart connected software by key players such as PTC Inc. and SAP SE is driving the adoption of retail IoT software.

The professional services segment is anticipated to hold a majority of the Internet Of Things In Retail market size throughout the study period.

By services, the industry is classified into professional services, and managed services. Out of these professional services segment accounted for the highest market share of over 55% in 2020. Professional services include consulting, application management, and infrastructure management services. The high adoption of IoT in the retail sector has increased the demand for infrastructure and application management services. IoT solution and product providers are also offering professional services related to installation and deployment, repair and maintenance, and training and helpdesk support as their key services. Moreover, retailers require customized solutions to boost their efficiency and productivity. The need for such customization is propelling the demand for consulting services.

The managed services segment is expected to witness strong growth over the forecast period. This growth can be attributed to the increasing adoption of these services to reduce IT costs. Retailers are outsourcing services to reduce the risks and focus on core competencies. The payment-as-a-service solution offers retailers with terminal management services and gateway solutions that enable efficient routing of transactions, multichannel acceptance and processing, and payment value-added services such as mobile banking, POS terminals, and payment gateway.

The near field communication (NFC) segment is anticipated to hold a majority of the Internet Of Things In Retail market size throughout the study period.

By technology, Internet Of Things In Retail Market has been segmented into Bluetooth low energy, Near field communication, ZigBee, and Others. During the forecast period, the near field communication (NFC) segment accounted for a prominent market share of 30% in 2020. An NFC combines contactless smart card technology with mobile devices and allows streamlined payment transactions compared to traditional cash and card payment methods. Device manufacturers and mobile operators are undertaking several projects to increase the coverage of NFC-based transactions. The emergence of mobile wallets has transformed the payment methods in the retail sector, providing a boost to NFC adoption. Moreover, to manage the rush in the pandemic, medical stores and supermarket owners have deployed NFC technology to accelerate the check-out processes.

The North America region is estimated to exhibit the highest growth rate during the Internet Of Things In Retail market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America accounted for a revenue share of over 30% in 2020. The e-commerce growth in the region has challenged the departmental stores in terms of excelling their business operations. Moreover, the regional growth can be attributed to the strong research and development capabilities of leading players such as IBM Corporation, Google LLC, Microsoft Corporation, Intel Corporation, and PTC Inc. In 2018, Google launched a pilot project named Project Beacon and started sending free beacons to physical stores.

The Asia Pacific region is expected to emerge as the prominent region, with China being the largest adopter of IoT. India offers a huge potential for growth owing to the increasing investments in the retail sector. The increasing adoption of real-time systems and location-based services is expected to contribute to regional market growth. The increase in the number of government initiatives to boost digitization is expected to positively impact the growth of the regional retail sector. The convergence of technologies such as cloud, analytics, mobility, and big data and the declining sensor prices are instrumental in driving IoT adoption in the region.

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Competitive Landscape

The market is moderately competitive and consists of numerous prominent players. In terms of market share, few of these significant players with substantial market share currently dominate the market and are focusing on increasing their customer base across overseas locations. The companies are also leveraging strategic collaborative initiatives to capture more market share and improve their profitability.

The key players in the Internet Of Things In Retail Market are Arm Limited; Cisco Systems Inc.; Google LLC; IBM Corporation; Impinj, Inc.; Intel Corporation; Losant IoT; Microsoft Corporation; NXP Semiconductors; PTC Inc.; RetailNext, Inc.; SAP SE; Softweb Solutions Inc.; Verizon Communications Inc.; Zebra Technologies Corporation. among others.

Recent Developments in the Internet Of Things In Retail Market:

• In October 2020, Losant IoT partnered with Vanteon Wireless Solutions to develop an edge-to-cloud solution for multiple connected devices.
• In 2018, IBM Corporation announced the expansion of its Watson IoT business in Europe, providing IoT solutions for European clients such as Cooperativa Sole, an Italy-based agriculture product company.

Internet Of Things In Retail Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Internet Of Things In Retail market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Internet Of Things In Retail market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Internet Of Things In Retail market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global kidney stones management market.

Global Internet Of Things In Retail Market Segmentation

By Solution

• Hardware
• Software

By Services

• Professional Services
• Managed Services

By Technology

• Bluetooth low energy
• Near field communication
• ZigBee
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Arm Limited
• Cisco Systems Inc.
• Google LLC
• IBM Corporation
• Impinj, Inc.
• Intel Corporation
• Losant IoT
• Microsoft Corporation
• NXP Semiconductors
• PTC Inc.

Talent Management Software Market to Reach USD 21.7 Billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, March 2023: According to a new research study by Global Insight Services (GIS), the global Talent Management Software market is expected to grow rapidly over the next 10 years to reach a value of more than USD 21.7 billion by 2032.

Talent management software is a tool used by businesses to identify, attract, develop, and retain top employees. This type of software typically includes modules for performance management, recruiting, succession planning, and learning and development. Talent management software can help businesses to improve their overall performance by ensuring that they have the right people in the right roles. Additionally, this software can help businesses to identify potential leaders and high-potential employees, and develop and retain these individuals.

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Talent Management Software Market: Key Trends and Drivers

Some of the key trends in Talent Management Software technology include:

1. Increased focus on employee engagement and retention: With the war for talent becoming increasingly fierce, organizations are placing a greater emphasis on employee engagement and retention. Talent management software can help organizations identify and retain top talent by providing tools for tracking employee engagement and performance.

2. Greater integration with HR systems: As talent management software becomes more sophisticated, organizations are seeking to integrate it more closely with their HR systems. This integration can help improve the accuracy of data and ensure that talent management processes are aligned with the organization’s overall HR strategy.

3. Increased use of analytics: Organizations are increasingly using data analytics to drive their talent management decisions. Talent management software can provide insights into employee performance, engagement, and other factors that can help organizations make better decisions about hiring, development, and retention.

4. Increased focus on global talent: With the globalization of the economy, organizations are placing a greater emphasis on attracting and managing global talent. Talent management software can help organizations identify and assess global talent, as well as manage the complexities of international assignments.

Talent Management Software Market: Restraints and Challenges

The key restraints and challenges in Talent Management Software market are:

1. Lack of awareness: There is a lack of awareness about talent management software and its benefits among organizations. This is a challenge for vendors as they need to create awareness about their products and services.

2. Lack of skilled staff: Many organizations do not have skilled staff who can use talent management software effectively. This is a challenge for vendors as they need to provide training and support to customers.

3. High costs: Talent management software can be expensive for organizations. This is a challenge for vendors as they need to offer affordable products and services.

4. Complexity: Talent management software can be complex to use. This is a challenge for vendors as they need to provide easy-to-use products and services.

Talent Management Software Market Report Findings

https://www.globalinsightservices.com/reports/talent-management-software-market/

The solution segment is anticipated to dominate the market during the forecast period

Based on component, it is segmented into solution, and services. The solution segment is anticipated to dominate the market during the forecast period. Similarly, the services segment is anticipated to witness the fastest growth during the forecast period.

The large organization segment is anticipated to dominate the market during the forecast period

Based on organization size, it is segmented into large organizations, and small & medium businesses. The large organization segment is anticipated to dominate the market during the forecast period. Similarly, the small & medium businesses segment is anticipated to witness the fastest growth during the forecast period.

The on-premises segment is anticipated to dominate the market during the forecast period

Based on deployment mode, it is segmented into cloud, on-premises. The on-premises segment is anticipated to dominate the market during the forecast period. Similarly, the cloud segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players in the report are Kenexa, SuccessFactors, Oracle Taleo, Cornerstone, Saba Cloud, PeopleFluent, People matter, Ultimate Pro, Lumesse ET Web, and Sum Total Systems among others.

Talent Management Software Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Talent Management Software market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Talent Management Software market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Talent Management Software market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Talent Management Software industry.

Global Talent Management Software Market Segmentation

By Component

• Solution
• Services

By Organization Size

• Large Organizations
• Small & Medium Businesses

By Deployment Mode

• Cloud
• On-Premises

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Kenexa
• SuccessFactors
• Oracle Taleo
• Cornerstone
• Saba Cloud
• PeopleFluent
• People matter
• Ultimate Pro
• Lumesse ET Web
• Sum Total Systems

Leadership Development Program Market to Reach USD 235,202 Million by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, March 2023: According to a new research study by Global Insight Services (GIS), the global Leadership Development Program market is expected to grow rapidly over the next 10 years to reach a value of more than USD 235,202 million by 2032.

Leadership Development Program is a process through which leaders are created. It involves training and development of people who can take up leadership positions in future. The program aims at enhancing the skills and abilities of individuals so that they can lead teams and organizations effectively. It also helps in building confidence and self-esteem of individuals.

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Leadership Development Program Market: Key Trends and Drivers

The key drivers of the leadership development program market are the need for organizations to have leaders who can effectively manage change, the need for leaders who can inspire and motivate employees, and the need for leaders who can provide direction and guidance. Change is a constant in today’s business environment, and organizations need leaders who can effectively manage change. Leaders who can inspire and motivate employees are also in high demand, as they can help to increase employee engagement and productivity.

Finally, leaders who can provide direction and guidance are also in high demand, as they can help organizations navigate through challenging times.

Leadership Development Program Market: Restraints and Challenges

The key restraints in Leadership Development Program market are the high cost of program, lack of awareness among the organizations, and lack of skilled resources. The challenges in Leadership Development Program market are the need for customization, lack of standardized content, and the need for better integration with the organizational culture.

Leadership Development Program Market Report Findings

https://www.globalinsightservices.com/reports/leadership-development-program-market/

The online training segment is anticipated to dominate the market during the forecast period

Based on type, it is segmented into online training, blended training, and instructor-led training. The online training segment is anticipated to dominate the market during the forecast period. Similarly, the blended training segment is anticipated to witness the fastest growth during the forecast period.

The small enterprises segment is anticipated to dominate the market during the forecast period

Based on organization size, it is segmented into small enterprises, and large enterprises. The small enterprises segment is anticipated to dominate the market during the forecast period. Similarly, the large enterprises segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are  Cegos, Dale Carnegie Training, Franklin Covey, Skillsoft, AchieveForum, American Management Association, BTS, Center for Creative Leadership, Global Knowledge and GP Strategies among others.

Leadership Development Program Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Leadership Development Program market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Leadership Development Program market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Leadership Development Program market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Leadership Development Program industry.

Global Leadership Development Program Market Segmentation

By Type

• Online Training
• Blended Training
• Instructor-led Training

By Organization Size

• Small Enterprises
• Large Enterprises

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Cegos,
• Dale Carnegie Training,
• Franklin Covey,
• Skillsoft,
• AchieveForum,
• American Management Association,
• BTS,
• Center for Creative Leadership,
• Global Knowledge
• GP Strategies

Treasury and Risk Management Application Market to Reach USD 9.6 Billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, February 2023: According to a new research study by Global Insight Services (GIS), the global Treasury and Risk Management Application market is expected to grow rapidly over the next 10 years to reach a value of more than USD 9.6 billion by 2032.

Treasury and risk management applications are software programs that help organizations manage their financial risks and exposures. These applications typically provide tools for managing cash flow, forecasting, and analyzing financial risks. They may also include features for managing investments, loans, and other financial instruments. Treasury and risk management applications can help organizations make more informed decisions about their financial risks and exposures, and ultimately help them better manage their finances.

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Treasury and Risk Management Application Market: Key Trends and Drivers

There are a number of key drivers of the Treasury and Risk Management Application market.

Firstly, the increasing globalization of business and the need for organizations to have a more strategic approach to managing their financial risks have driven demand for these applications.

Secondly, the growth of the derivatives market and the need for more sophisticated risk management tools have also been key drivers of this market.

Finally, the recent financial crisis has highlighted the importance of effective risk management, and this has led to increased demand for Treasury and Risk Management Applications.

Treasury and Risk Management Application Market: Restraints and Challenges

There are several key restraints and challenges in the treasury and risk management application market.

Firstly, many organizations are still using manual processes and Excel spreadsheets to manage their treasury and risk management activities. This is due to a lack of awareness of the benefits of using specialized treasury and risk management applications.

Secondly, the treasury and risk management application market is still in its early stages of development and there are a limited number of vendors offering comprehensive solutions. This makes it difficult for organizations to find a suitable solution that meets their specific needs.

Finally, the implementation of treasury and risk management applications can be a complex and time-consuming process. This is often due to a lack of internal resources and expertise.

Treasury and Risk Management Application Market Report Findings

https://www.globalinsightservices.com/reports/treasury-and-risk-management-application-market/

The software segment is anticipated to dominate the market during the forecast period

Based on component, it is segmented into software, and services. The software segment is anticipated to dominate the market during the forecast period. Similarly, the service segment is anticipated to witness the fastest growth during the forecast period.

The account management segment is anticipated to dominate the market during the forecast period

Based on application, it is segmented into account management, cash & liquidity management, compliance & risk management, and others. The account management segment is anticipated to dominate the market during the forecast period. Similarly, the cash & liquidity management segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Europe region is anticipated to witness the fastest growth during the forecast period.

Have a question for our analyst:

https://www.globalinsightservices.com/inquiry-before-buying/GIS24081/

Competitive Landscape

The key players studied in the report are SAP SE, Oracle Corporation, FIS, Sage Group PLC, Kyriba Corporation, Prefis JSC, Openlink, ION, MORS Software, Wolters Kluwer among others.

Treasury and Risk Management Application Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Treasury and Risk Management Application market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Treasury and Risk Management Application market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Treasury and Risk Management Application market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Treasury and Risk Management Application industry.

Global Treasury and Risk Management Application Market Segmentation

By Component

• Software
• Services

By Application

• Account Management
• Cash & Liquidity Management
• Compliance & Risk Management
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• SAP SE, 
• Oracle Corporation, 
• FIS, 
• Sage Group PLC, 
• Kyriba Corporation, 
• Prefis JSC, 
• Openlink, 
• ION, 
• MORS Software, 
• Wolters Kluwer

Edge Computing Market to Reach USD 261.0 Billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, February 2023: According to a new research study by Global Insight Services (GIS), the global Edge Computing market is expected to grow rapidly over the next 10 years to reach a value of more than USD 261.0 billion by 2032.

Edge computing is a type of distributed computing that brings computation and data storage closer to the location where it is needed, to improve response times and save bandwidth.

In traditional computing, data is typically stored in a central location, such as a data center, and processed in batch mode. This can lead to delays if the data center is located far from where it is needed. Edge computing moves some of the computation and data storage closer to the edge of the network, where it is needed. This can improve response times and save bandwidth.

Edge computing is a key technology for the future of the Internet of Things (IoT), as it can help to reduce the amount of data that needs to be sent to the cloud for processing, and improve response times.

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Edge Computing Market: Key Trends and Drivers

Advanced Micro DHere are five key trends in the edge computing market:

• Increased demand for real-time data: One of the biggest drivers of edge computing is the increasing demand for real-time data. With the rise of the Internet of Things (IoT), more and more devices are being connected to the internet and are generating data. This data needs to be processed quickly and efficiently, and edge computing is the perfect solution.
• More focus on data security: Another trend in the edge computing market is an increased focus on data security. With data being processed at the edge, it is less likely to be compromised by hackers. Additionally, data can be encrypted at the edge, making it even more secure.
• Greater scalability: Edge computing is also becoming more popular because it is more scalable than traditional computing. With traditional computing, data has to be sent back to a central location to be processed. This can cause bottlenecks and slow down the process. With edge computing, data can be processed locally, which makes it much more scalable.
• Improved performance: Another benefit of edge computing is improved performance. With data being processed closer to where it is being generated, there is less latency. This means that applications can run more smoothly and quickly.
• Reduced costs: Finally, edge computing can also help to reduce costs. By processing data at the edge, organizations can avoid the need to build and maintain centralized data centers. This can save a lot of money in the long run.
• These are just a few of the key trends in the edge computing market. As this new form of computing continues to evolve, we can expect to see more exciting innovations and developments.evice, Yokogawa Electric Corporation, ABB Limited, Rittal Gmbh And Co, Zenlayer Inc, The Hewlett Packard Enterprise Company, Fujitsu Limited, Siemens AG, Integrated Device Technology, and Edge Connex Inc.

Edge Computing Market: Restraints and Challenges

One of the key restraints is the lack of standardization. There is no one standard for edge computing, which makes it difficult for vendors to interoperate and for customers to choose the right solution for their needs. Additionally, edge computing can be complex and expensive to deploy and manage. There are also privacy and security concerns associated with edge computing, as data is often processed and stored outside of the traditional data center.

Another challenge in the edge computing market is the lack of skilled personnel. There is a shortage of engineers and other professionals with the skills necessary to deploy and manage edge computing solutions. This shortage is likely to continue as the demand for edge computing grows.

Edge Computing Market Report Findings

https://www.globalinsightservices.com/reports/edge-computing-market/

The hardware segment is anticipated to dominate the market during the forecast period

Based on component, it is segmented into hardware, software, and service. The hardware segment is anticipated to dominate the market during the forecast period. Similarly, the software segment is anticipated to witness the fastest growth during the forecast period.

The SMEs segment is anticipated to dominate the market during the forecast period

Based on enterprise size, it is segmented into SMEs, and large enterprise. The SMEs segment is anticipated to dominate the market during the forecast period. Similarly, the large enterprise segment is anticipated to witness the fastest growth during the forecast period.

The BFSI segment is anticipated to dominate the market during the forecast period

Based on end user, it is segmented into BFSI, transportation, healthcare, manufacturing, semiconductor, government, IT & telecommunication, retail, energy, utilities, education, and hospitality. The BFSI segment is anticipated to dominate the market during the forecast period. Similarly, the transportation segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Europe region is anticipated to dominate the market during the forecast period.

Have a question for our analyst:

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Competitive Landscape

The key players studied in the report are Advanced Micro Device, Yokogawa Electric Corporation, ABB Limited, Rittal Gmbh And Co, Zenlayer Inc, The Hewlett Packard Enterprise Company, Fujitsu Limited, Siemens AG, Integrated Device Technology, and Edge Connex Inc. among others.

Edge Computing Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Edge Computing market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Edge Computing market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Edge Computing market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Edge Computing industry.

Global Edge Computing Market Segmental Overview

By Component

• Hardware
• Software
• Services

By Enterprise Size

• SMEs
• Large Enterprise

By End User

• BFSI
• Transportation
• Healthcare
• Manufacturing
• Semiconductor
• Government
• IT & Telecommunication
• Retail
• Energy
• Utilities
• Education
• Hospitality

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Advanced Micro Device,
• Yokogawa Electric Corporation,
• ABB Limited,
• Rittal Gmbh And Co,
• Zenlayer Inc,
• The Hewlett Packard Enterprise Company
• Fujitsu Limited
• Siemens AG
• Integrated Device Technology
• Edge Connex Inc.

Mobile Phone Insurance Market to Reach USD 98.3 Billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, February 2023: According to a new research study by Global Insight Services (GIS), the global Mobile Phone Insurance market is expected to grow rapidly over the next 10 years to reach a value of more than USD 98.3 billion by 2032.

Mobile phone insurance is a type of insurance that covers the replacement or repair of a mobile phone in the event that it is lost, stolen, or damaged. The insurance may also cover the cost of any additional accessories that were purchased with the phone.

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Mobile Phone Insurance Market: Key Trends and Drivers

Technology: The mobile phone insurance market is driven by the rapid pace of technological change in the mobile phone industry. Every year, new models of mobile phones are released with ever-more sophisticated features. This means that consumers are increasingly likely to upgrade their phones on a regular basis and to insure their devices against loss, theft, or damage.

Economic factors: The global economic environment is also a key driver of the mobile phone insurance market. Rising incomes and increased consumer confidence mean that people are more likely to purchase expensive items such as mobile phones. In addition, the growth of the mobile phone industry in emerging markets such as China and India is fueling the demand for insurance products.

Regulatory environment: The regulatory environment is another important driver of the mobile phone insurance market. In many countries, mobile phone insurance is compulsory for customers who take out a mobile phone contract. This is because the cost of replacing a stolen or damaged phone can be very high, and insurers are able to spread the risk across a large number of customers.

Mobile Phone Insurance Market: Restraints and Challenges

The key restraints and challenges in the Mobile Phone Insurance (EMS) market are:

1. Increasing cost pressures: Cost pressures are increasing in the EMS market due to the rising cost of raw materials, labor, and other manufacturing costs. This is forcing EMS providers to either increase prices or reduce margins.

2. Competitive pressure: There is intense competition in the EMS market, which is driving down prices and margins. EMS providers are also facing pressure to offer more value-added services to differentiate themselves from competitors.

3. Technology challenges: The EMS market is constantly evolving, and providers must continuously invest in new technologies to stay ahead of the competition. This can be a challenge for EMS providers, particularly small and medium-sized companies, who may not have the resources to invest in new technologies.

4. Quality challenges: Quality is a critical issue in the EMS market, and providers must meet stringent quality requirements to win and keep customers. EMS providers must also constantly monitor and improve quality to ensure that their products meet customer expectations.

Mobile Phone Insurance Market Report Findings

https://www.globalinsightservices.com/reports/mobile-phone-insurance-market/

The premium smartphones segment is anticipated to dominate the market during the forecast period

Based on phone type, it is segmented into budget phones, mid & high-end phones, and premium smartphones. The premium smartphones segment is anticipated to dominate the market during the forecast period. Similarly, the mid & high end phones segment is anticipated to witness the fastest growth during the forecast period.

The retail segment is anticipated to dominate the market during the forecast period

Based on sales channel, it is segmented into retail, and online. The retail segment is anticipated to dominate the market during the forecast period. Similarly, the online segment is anticipated to witness the fastest growth during the forecast period.

The physical damage is anticipated to dominate the market during the forecast period

Based on coverage type, it is segmented into physical damage, internal component failure, theft & loss protection, and others. The physical damage is anticipated to dominate the market during the forecast period. Similarly, the theft & loss protection is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to dominate the market during the forecast period.

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Competitive Landscape

The key players studied in the market are Apple Inc., ASSURANT, INC., Asurion, AT&T Intellectual Property, Aviva, bolttech, Chubb, Digital Care sp. z o.o., Servify, Singtel, and U Mobile Sdn Bhd among others.

Mobile Phone Insurance Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Mobile Phone Insurance market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Mobile Phone Insurance market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Mobile Phone Insurance market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Mobile Phone Insurance industry.

Global Mobile Phone Insurance Market Segmentation

By Phone Type

• Budget Phones
• Mid & High-end Phones
• Premium Smartphones

By Sales Channel

• Retail
• Online

By Coverage Type

• Physical Damage
• Internal Component Failure
• Theft & Loss Protection
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Apple Inc.,
• ASSURANT, INC.
• Asurion
• AT&T Intellectual Property
• Aviva
• bolttech
• Chubb
• Digital Care sp. z o.o.
• Servify
•  Singtel
•  U Mobile Sdn Bhd

Blockchain AI Market to Reach USD 2726.7 Million by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, February 2023: According to a new research study by Global Insight Services (GIS), the global Blockchain AI market is expected to grow rapidly over the next 10 years to reach a value of more than USD 2726.7 million by 2032.

Blockchain AI is a new type of AI that uses blockchain technology to store and manage data. With blockchain AI, data is stored in a decentralized way, making it more secure and efficient. Blockchain AI also allows for more transparency and accountability, as all data is stored on a public ledger.

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Blockchain AI Market: Key Trends and Drivers

There are a few key drivers of the Blockchain AI market. Firstly, the increasing adoption of blockchain technology in various industries is driving the market growth. Blockchain is being used in a wide range of industries such as healthcare, supply chain, banking, and others. This is because of the various advantages offered by blockchain such as transparency, immutability, and security.

Secondly, the increasing use of artificial intelligence in various applications is also driving the market growth. AI is being used in various applications such as chatbots, predictive analytics, and others. This is because AI offers various benefits such as increased accuracy, efficiency, and others.

Thirdly, the increasing investment by venture capitalists in blockchain AI startups is also driving the market growth. This is because the venture capitalists are investing in blockchain AI startups to get a return on their investment.

Lastly, the increasing partnerships between blockchain and AI companies is also driving the market growth. This is because the partnerships help the companies to share their resources and expertise to develop innovative solutions.

Blockchain AI Market: Restraints and Challenges

One of the key restraints in Blockchain AI market is the lack of awareness and understanding about the technology among the masses. Also, another challenge that Blockchain AI market faces is the scalability issue. As the number of transactions on the network increases, it becomes difficult for the network to process and validate all the transactions. This results in longer transaction times and higher transaction fees.

Blockchain AI Market Report Findings

https://www.globalinsightservices.com/reports/blockchain-ai-market/

The software services segment is anticipated to dominate the market during the forecast period

Based on component, it is segmented into software, and services. The software services segment is anticipated to dominate the market during the forecast period. Similarly, the services segment is anticipated to witness the fastest growth during the forecast period.

The large enterprises segment is anticipated to dominate the market during the forecast period

Based on enterprise size, it is segmented into large enterprises, small & medium enterprises. The large enterprises segment is anticipated to dominate the market during the forecast period. Similarly, the small & medium enterprises segment is anticipated to witness the fastest growth during the forecast period.

The payment & settlement segment is anticipated to dominate the market during the forecast period

Based on application, it is segmented into payment & settlement, data security, data sharing & communications, asset tracking & management, and others. The payment & settlement segment is anticipated to dominate the market during the forecast period. Similarly, the data security segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Figure Technologies, Cyware Labs, Bitfury Group Limited, NetObjex, Fetch.ai, IBM, AlphaNetworks, Bext360, Blackbird.AI, BurstIQ and Chainhaus among others.

Blockchain AI Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Blockchain AI market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Blockchain AI market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Blockchain AI market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Blockchain AI industry.

Global Blockchain AI Market Segmentation

By Component

• Software
• Services

By Enterprise Size

• Large Enterprises
• Small & Medium Enterprises

By Application

• Payment & Settlement
• Data Security
• Data Sharing & Communications
• Asset Tracking & Management
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Figure Technologies
• Cyware Labs
• Bitfury Group Limited
• NetObjex
• Fetch.ai
• IBM
• AlphaNetworks
• Bext360
• Blackbird.AI
• BurstIQ
• Chainhaus

Geospatial Analytics Market to Reach USD 280.8 Billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, February 2023: According to a new research study by Global Insight Services (GIS), the global Geospatial Analytics market is expected to grow rapidly over the next 10 years to reach a value of more than USD 280.8 Billion by 2032.

Geospatial analytics is the process of analyzing data that has a geographic component to it. This can be data that is explicitly geographic, like latitude and longitude, or data that can be mapped to a geographic space, like addresses or zip codes.

Geospatial analytics can be done using a variety of methods, including GIS (geographic information systems), GPS (global positioning systems), and geocoding (mapping data to specific geographic locations). Geospatial analytics can be used for a variety of purposes, including market analysis, customer segmentation, route optimization, and location-based marketing.

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Geospatial Analytics Market: Key Trends and Drivers

There are a number of factors that are driving the growth of the geospatial analytics market.

One of the key drivers is the increasing availability of data. With the growth of the internet and the rise of connected devices, organizations are collecting more data than ever before. This data can be used to understand the world around us and make better decisions.

Another driver is the increasing use of artificial intelligence (AI) and machine learning. These technologies are being used to analyze data more effectively and to identify patterns that would be difficult to spot with the naked eye.

The increasing use of mobile devices is also driving the market for geospatial analytics. More and more people are using their smartphones and tablets to access data and applications. This is providing organizations with new opportunities to collect data and to provide users with location-based services.

Geospatial Analytics Market: Restraints and Challenges

The key restraints and challenges in the Geospatial Analytics market are the lack of skilled personnel and the high costs associated with the technology. The lack of skilled personnel is a result of the lack of awareness of the potential applications of geospatial analytics and the lack of training in the use of the technology.

The high costs associated with the technology are a result of the need for specialized hardware and software, and the need for expertise in the use of the technology.

Geospatial Analytics Market Report Findings

https://www.globalinsightservices.com/reports/geospatial-analytics-market/

The surface analysis segment is anticipated to dominate the market during the forecast period

Based on type, it is segmented into surface analysis, network analysis, and geovisualization. The surface analysis segment is anticipated to dominate the market during the forecast period. Similarly, network analysis segment is anticipated to witness the fastest growth during the forecast period.

The agriculture segment is anticipated to dominate the market during the forecast period

Based on end use, it is segmented into agriculture, utility & communication, defense & intelligence, government, natural resources, and others. The agriculture segment is anticipated to dominate the market during the forecast period. Similarly, the government segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Europe region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Alteryx, Bentley Systems, CARTO, Descartes Labs, ESRI, Fugro, General Electric, Geospin, Google, and Hexagon AB among others.

Geospatial Analytics Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Geospatial Analytics market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Geospatial Analytics market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Geospatial Analytics market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Geospatial Analytics industry.

Global Geospatial Analytics Market Segmentation

By Type

• Surface Analysis
• Network Analysis
• Geovisualization

By End User

• Agriculture
• Utility & Communication
• Defense & Intelligence
• Government
• Natural Resources
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Alteryx
• Bentley Systems
• CARTO
• Descartes Labs
• ESRI
• Fugro
• General Electric
• Geospin
• Google
• Hexagon AB

Space Situational Awareness Market to Reach USD 2.1 billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Space Situational Awareness market is expected to grow rapidly over the next 10 years to reach a value of more than USD 2.1 billion by 2032.

Space situational awareness (SSA) is the knowledge of the location and activities of human-made objects in space, in order to avoid collisions and other hazards. It includes the monitoring of natural phenomena that could affect space-based assets, such as solar flares and meteors. SSA also encompasses the ability to detect and track objects that are not visible to the naked eye, such as satellites and debris.

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Space Situational Awareness Market: Key Trends and Drivers

There are many key drivers of the space situational awareness market.

One key driver is the increasing number of satellites in orbit. As the number of satellites increases, so does the need for space situational awareness.

Another key driver is the increasing complexity of the space environment. The more complex the space environment becomes, the more difficult it is to track and predict the behavior of objects in space.

Space Situational Awareness Market: Restraints and Challenges

The key restraints and challenges in the Space Situational Awareness market are:

Lack of awareness about the benefits of SSA

Lack of dedicated SSA infrastructure

Limited budgets for SSA programs

Space Situational Awareness Market Report Findings

https://www.globalinsightservices.com/reports/space-situational-awareness-market/

The mission related debris segment is anticipated to dominate the market during the forecast period

Based on object, it is segmented into mission-related debris, rocket bodies, fragmentation debris, and others. The mission related debris segment is anticipated to dominate the market during the forecast period. Similarly, the rocket bodies segment is anticipated to witness the fastest growth during the forecast period.

The near-earth segment is anticipated to dominate the market during the forecast period

Based on orbital range, it is segmented into near earth, and deep space. The near-earth segment is anticipated to dominate the market during the forecast period. Similarly, the deep space segment is anticipated to witness the fastest growth during the forecast period.

The commercial segment is anticipated to dominate the market during the forecast period

Based on end use, it is segmented into commercial, government, and military. The commercial segment is anticipated to dominate the market during the forecast period. Similarly, the government segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Europe region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Lockheed Martin Corporation, Parsons Corporation, Peraton, SpaceNav, GlobVision Inc, Northstar Earth and Space Inc., Analytical Graphics Inc, Vision Engineering Solutions, L3Harris Technologies Inc, and Kratos Defense and Security Solutions, Inc, among others.

Space Situational Awareness Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Space Situational Awareness market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Space Situational Awareness market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Space Situational Awareness market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Space Situational Awareness industry.

Global Space Situational Awareness Market Segmentation

By Object

• Mission Related Debris
• Rocket Bodies
• Fragmentation Debris
• Others

By Orbital Range

• Near Earth
• Deep Space

By End Use

• Commercial
• Government
• Military

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Lockheed Martin Corporation
• Parsons Corporation
• Peraton
• SpaceNav
• GlobVision Inc
• Northstar Earth and Space Inc.
• Analytical Graphics Inc
• Vision Engineering Solutions
• L3Harris Technologies Inc,
• Kratos Defense and Security Solutions, Inc,

DNS, DHCP, And IPAM (DDI) Market to Reach US$ 19.3 bn by 2032, driven by The faster credit approval processes and ease of accessing the online platforms: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global DNS, DHCP, And IPAM (DDI) Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 19.3 bn by 2032.

DNS is the Domain Name System, which is a system for mapping domain names to IP addresses. DHCP is the Dynamic Host Configuration Protocol, which is a system for automatically assigning IP addresses to devices on a network. IPAM is the IP Address Management, which is a system for managing IP addresses and ensuring that they are unique and not duplicated. DNS is used to map domain names to IP addresses so that users can access websites by typing in a domain name instead of an IP address. DHCP is used to automatically assign IP addresses to devices on a network. This eliminates the need for users to manually configure their IP addresses. IPAM is used to manage IP addresses and ensure that they are unique and not duplicated.

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DNS, DHCP, And IPAM (DDI) Market: Key Trends and Drivers

The DNS, DHCP, and IPAM market is driven by the increasing need for network management. The network management systems are used to manage and monitor the network infrastructure. The network management systems help organizations to manage their network efficiently. The network management systems help organizations to monitor the network performance and identify the bottlenecks in the network. The network management systems also help organizations to troubleshoot the network problems. The network management systems help organizations to reduce the network downtime and improve the network availability. The DNS, DHCP, and IPAM market is also driven by the need for efficient IP address management. The IP address management systems help organizations to manage their IP addresses efficiently. The IP address management systems help organizations to allocate the IP addresses to the devices in the network. The IP address management systems also help organizations to track the IP addresses in the network. The IP address management systems help organizations to avoid the IP address conflict in the network.

DNS, DHCP, And IPAM (DDI) Market: Restraints & Challenges

The key restraints and challenges in DNS, DHCP, and IPAM market are: Lack of awareness among enterprises about the benefits of these solutions. Lack of skilled personnel to manage and operate these solutions. High initial investment and maintenance costs. Complexity of deployment and management.

DNS, DHCP, And IPAM (DDI) Market Report Findings

http://sightservices.com/reports/dns-dhcp-and-ipam-market/

The hardware segment is anticipated to hold a majority of the DNS, DHCP, And IPAM (DDI) Market size throughout the study period.

Based on the component, the DNS, DHCP, And IPAM (DDI) market is divided into hardware, software, and services. Of these, the hardware segment registered significant revenue in 2022. Hardware appliances are preferred in large enterprises owing to the rising security concerns regarding the DNS solutions. Hardware components are more secure than software solutions, thereby leading to high demand across the end-use segment. However, SMBs often prefer software solutions owing to the rising deployment of cloud infrastructure.

The on-premise segment is anticipated to hold a majority of the DNS, DHCP, And IPAM (DDI) Market size throughout the study period.

By deployment mode, the industry is bifurcated into On-Premises, and Cloud. In 2022, the on premise segment held the largest revenue share. Owing to the increasing adoption of physical DDI appliances by large enterprises. However, cloud solutions will experience consistent growth as the organizations across several industries are transitioning their business-critical operations and workloads to cloud computing to decrease the burden on their IT support staff and reduce costs. Moreover, security risks related to DNS servers have led vendors to invest in the security software solutions for the DNS servers.

The Network Security segment is likely to hold a dominant DNS, DHCP, And IPAM (DDI) Market share and grow at a substantial CAGR during the forecast period.

Based on application, the industry is categorized into Network Automation, Data Center Transformation, Network Security, and Others. The network security segment accounted for the largest revenue share of more than xx% in 2022. The constantly growing numbers of mobile phones, as well as the growing adoption of interconnected security products, are two key reasons predicted to drive the worldwide network security market value in the upcoming decades. Moreover, growth in regulatory compliance obligations is likely to fuel market expansion in the future years. The growing popularity of Software as a Service-based network security solution is considered to be a significant driver driving the network security market size.

The peer-to-peer lending segment is anticipated to hold a majority of the DNS, DHCP, And IPAM (DDI) Market size throughout the study period.

Based on industry, the DNS, DHCP, And IPAM (DDI) market is divided into Telecom and IT, BFSI, Government and Defense, Healthcare, Education, Retail, Manufacturing, and Others. Among these, Telecom and IT segment accounted for largest revenue share in 2022. In today’s digital age, customers favor Over-The-Top (OTT) channels for a variety of reasons, among which the number of viewing options, and the pricing offered are the most prominent ones. The OTT solution providers offer video, audio, and other media content over the internet. Usually, they are not bound to price agreements with limited viewing choices to pick from. Common instances of OTT applications are Netflix, Amazon Video, Roku, Hotstar, HBO, and others.

The Asia-Pacific region is estimated to exhibit the highest growth rate during the DNS, DHCP, And IPAM (DDI) Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America dominated the DNS, DHCP, And IPAM (DDI) Market growth, recording the highest CAGR during the forecast period. The primary factors expected to spur the regional demand are the increasing penetration of mobile devices and Internet usage. With the rapid growth in the IP usage, countries such as China and India are increasing their focus on managing the growth, leading to the high demand for DDI solutions and services.

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Competitive Landscape

Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the global DNS, DHCP, And IPAM (DDI) market include Funding Circle, On Deck Capital, Kabbage, Social Finance, Inc., Prosper Funding LLC, Avant, LLC, Zopa Bank Limited, LendingClub Bank, Upstart Network, Inc., and CommonBond, Inc. among others.

Recent Developments in the DNS, DHCP, And IPAM (DDI) Market:

• In 2019, Infoblox Inc. launched BloxOne DDI, a cloud-managed DDI (DNS, DHCP, and IPAM) offering for branch office networks. BloxOne DDI enables enterprises to simplify the management of highly distributed remote networks. It also optimizes the network performance of cloud-based applications.
• In 2016, Nokia acquired Alcatel-Lucent, which was intended to create the next-generation technology and services for an IP connected world.

DNS, DHCP, And IPAM (DDI) Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global DNS, DHCP, And IPAM (DDI) Market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future DNS, DHCP, And IPAM (DDI) Market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the DNS, DHCP, And IPAM (DDI) Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global DNS, DHCP, And IPAM (DDI) Market Segmentation

By Component

• Software
• Services

By Deployment Mode

• On-Premises
• Cloud

By Application

• Network Automation
• Data Center Transformation
• Network Security
• Others

By Industry

• Telecom and IT
• BFSI
• Government and Defense
• Healthcare
• Education
• Retail
• Manufacturing
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• 6connect, Inc.
• Alcatel-Lucent S.A.
• Apteriks
• Avi Networks, Inc.
• BlueCat Networks, Inc.
• BT Group plc
• Cisco Systems Inc.
• Crypton Computers Ltd.
• EfficientIP
• FusionLayer, Inc. 

Deep Learning Market to Reach US$ 379.4 Bn by 2032, driven by growing awareness about the importance of data security: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Deep Learning Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 379.4 Billion by 2032.

Deep learning is a subset of machine learning in artificial intelligence (AI) that has networks capable of learning unsupervised from data that is unstructured or unlabeled. Also known as deep neural learning or deep neural networks (DNNs), deep learning models are neural networks (algorithms used to simulate the workings of the human brain in order to recognize patterns) that can learn and make predictions on their own by analyzing data, finding patterns, and making decisions.

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Deep Learning Market: Key Trends and Drivers

Deep learning technology has grown due to recent developments in neural network architecture and training algorithms, Graphics Processing Units (GPU), and the availability of a significant amount of data across sectors. The increasing adoption of robots, IoT, cybersecurity applications, industrial automation, and machine vision technology led to a large volume of data. This data can serve as a training module in deep learning algorithms, which help diagnose and test purposes. The deep learning algorithms learn from past experiences and create a consolidated data environment. The more data there is, the more accurate the results will be, and the data will be managed consistently.

Deep Learning Market: Restraints & Challenges

There are a few key restraints and challenges in deep learning market. Firstly, the data requirements for deep learning are significantly higher than other machine learning methods, which can make it difficult to obtain the necessary data for training. Secondly, deep learning models can be very computationally intensive, which can make them difficult to train and deploy. Finally, deep learning models can be prone to overfitting, which means that they may not generalize well to new data.

Deep Learning Market Report Findings

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The on-premise segment is likely to hold a dominant Deep Learning Market share and grow at a substantial CAGR during the forecast period.

By component, the market is segmented into hardware, software, and services. The hardware segment held the largest revenue share of more than xx% in 2022. The Graphics Processing Unit (GPU) segment held the largest market share of around 57.3% in 2021. GPUs are the widely used hardware for improving training and classification processes in Computer Neural Networks (CNNs) as it holds high memory bandwidth and throughput. GPU provides better computational ability allowing the system to do multiple parallel processes. Multi-GPU enhances the deep learning performance by combining several GPUs in one computer. Moreover, it offers a fast and accurate computational ability to perform a broad set of tasks concurrently in real-time. Multi-GPU helps in object detection for the autonomous car. The system needs to perform a comprehensive set of tasks in quick successions, such as detecting obstacles, determining the boundary lines, and intersection detection. Several innovations are advancing deep learning. For instance, In May 2020, NEUCHIPS corporation announced the World’s First Deep Learning Recommendation Model called RecAccelTM. This can perform 500,000 inferences per second.

The large enterprise’s segment is anticipated to hold a majority of the Deep Learning Market size throughout the study period.

By application, the Deep Learning Market is classified into Image Recognition, Voice Recognition, Video Surveillance & Diagnostics, and Data Mining. Image recognition held the largest market share of around xx% in 2022. Deep learning can be used in stock photography and video websites to make visual content discoverable for the user. The technology can be used in visual search, allowing users to search for similar images or products using a reference image. Moreover, the technology can be used in medical image analysis, facial recognition for security and surveillance, and image detection on social media analytics.

The increasing visual content on social media and the need for content modernization will drive the application of image recognition. For instance, in 2018, Instagram announced a new feature based on deep learning algorithms for describing photos with visual impairments. The feature automatically identifies the photo using image recognition technology and then reads its automated description of the photo. Also, in March 2021, Facebook developed a deep learning solution called SEER (Self-supERvised). This solution can autonomously work its way through the dataset and can learn from any random group of unlabeled images on the internet.

The disk encryption segment is anticipated to hold a majority of the Deep Learning Market size throughout the study period.

Based on end-use. It is segmented into Automotive, Aerospace & Defense, Healthcare, Manufacturing, and Others. The automotive segment dominated with a revenue share of over xx% in 2022. The autonomous vehicle is a revolutionary technology that requires a massive amount of computation power. A DNN can rapidly help the autonomous vehicle perform various tasks without human interference. Autonomous vehicles are expected to gain momentum in the forthcoming years, and thus various startups and large companies are working on their development. Google Inc.; Uber Technologies, Inc.; and Tesla, Inc. are some prominent companies showing their capabilities in developing autonomous vehicles. For instance, in December 2019, Nvidia launched the NVIDIA DRIVE platform for autonomous vehicles.

Various investments are being made to enhance the use of deep learning in improving the features of the autonomous vehicle. For instance, in January 2022, Wayve, a London-based startup, raised USD 200 million. This will help the organizations create deep learning techniques to train and develop artificial intelligence, capable of complex driving situations.

The North America region is estimated to exhibit the highest growth rate during the Deep Learning Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America dominated the market with a revenue share of over xx% in 2022, which is attributed to increased investments in artificial intelligence and neural networks. The high adoption of image and pattern recognition in the region is expected to open new growth opportunities over the forecast period. Moreover, the region is one of the early adopters of advanced technologies, rendering organizations adopt deep learning capabilities at a faster pace. Furthermore, increased government support is expected to provide a positive impact on the growth of the industry in the region. The establishment of subcommittees on artificial intelligence and machine learning within the federal government is providing traction for the growth.

Europe has contributed significantly to the market growth as several new measures have been taken to support the artificial intelligence sector in the region to boost growth and deliver a digital economy. This, in turn, has offered considerable growth opportunities in the deep learning space. The U.K. is underpinning the technology to grow further in the areas of autonomous vehicles, smart devices, and cyber security.

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Competitive Landscape

The key players in the Deep Learning Market Advanced Micro Devices Inc., Amazon Web Services, Inc., Google LLC, IBM Corporation, Intel Corporation, Microsoft Corporation, NVIDIA Corporation, Qualcomm Technologies, Inc., Samsung, and Xilinx, among others.

Recent Developments in the Deep Learning Market:

• In January 2022, Wayve, a London-based startup, raised USD 200 million. This will help the organizations create deep learning techniques to train and develop artificial intelligence, capable of complex driving situations.
• In October 2020, NVIDIA AI and Microsoft Azure team worked together to improve the AI-powered grammar checker in Microsoft Word. The web version of Microsoft Word can now tap into NVIDIA Triton Inference Server, ONNX Runtime, and Microsoft Azure Machine Learning to provide this smart experience.
• In December 2019, Nvidia launched the NVIDIA DRIVE platform for autonomous vehicles.
• In December 2019, Intel Corp. acquired Habana Labs Ltd., an Israel-based startup working on deep learning algorithms for data center applications strengthening the AI capability of Intel Corporation
• In November 2018, Amazon Web Services announced Amazon Elastic Inference, allowing users to add elastic GPU support, reducing deep learning costs by up to 75%.

Deep Learning Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Deep Learning Market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Deep Learning Market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Deep Learning Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global kidney stones management market.

Global Deep Learning Market Segmentation

By Component

• Hardware
• Software
• Services

By Application

• Image Recognition
• Voice Recognition
• Video Surveillance & Diagnostics
• Data Mining

By End-user

• Automotive
• Aerospace & Defense
• Healthcare
• Manufacturing
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Advanced Micro Devices Inc.
• Amazon Web Services, Inc.
• Google LLC
• IBM Corporation
• Intel Corporation
• Microsoft Corporation
• NVIDIA Corporation
• Qualcomm Technologies, Inc.
• Samsung
• Xilinx