Market HighlightsThe Risk Analytics market is growing pervasively mainly due to the proliferation of massive amount of data that is being exposed to various hazards such as data theft among others.Risk analytics, by assessing the uncertainties helps in avoiding vulnerabilities of data forging, system failures and anything that could obstruct business operations.Risk calculation tools and engines help in predicting risks and avoid future costs of handling the hazards mentioned above which are escalating the market on the global level garnering a tremendous amount of popularity.Acknowledging the prominence and value this market is garnering currently and the growth prospect the market is demonstrating worldwide, Market Research Future (MRFR) in its recently published study report asserts that the global Risk Analytics market will reach USD 42 Bn.Banking and insurance industry comprising a significant amount of sensitive data is more at risk and hence, need the risk assessment and risk control tools that can identify fraudulent activities immediately without wasting time.Therefore, the BFSI segment accounts for one of the key forces driving the market growth with a huge demand for Risk Analytics.Additional factors substantiating the market growth include features of Risk Analytics like scalability and cost optimization.The proliferation of cloud technology fetches many benefits allowing businesses with wide accessibility to insights of Big Data.Moreover, factors propelling the risk analytics market growth include the increasing industrialization and the improving economic conditions.On the other hand, Risk Analytics being in its embryonic stage still presents the challenges such as lack of universally accepted standards and current cloud infrastructures.
Market HighlightsThe hyper scale data center market is expected to touch an exponential growth at 27% CAGR over the assessment period (2017-2023).Hyper scale as the name suggests is everything about attaining big scale in computing, particularly for purposes of cloud computing or big data.The hyper scale infrastructure has been designed for horizontal scalability which leads to improved levels of throughput, performance and redundancy to allow high availability and fault tolerance.Often hyper scale depends on virtual networking and server architectures that are massively scalable.Noble DevelopmentsThe rising demand for online services such as live channels, social networking, and gaming websites is generating a hefty volume of data that needs to be stored and processed.Cloud computing offers numerous advantages such as scalability, efficiency, enhanced application performance, and flexibility requires high computational power owing to which enterprises are consolidating data centres to enhance business profitability.Growing demand for cloud resources and data centres from the consumers and businesses has led to the execution of large-scale public cloud data centres.On the contrary, factors such as power failure and generation of enormous heat are some of the manacles for the world hyperscale data centre industry.Segmentation:In Market Research Future (MRFR) report, the global hyperscale data center market growth is segmented on the basis of solutions, type and vertical.Based on solutions, the hyper scale data center market is segmented into service, software, server and storage.Based on type, it is segmented into cloud providers, enterprises and colocation providers.Based on vertical, the hyper scale data center market is segmented into energy & utilities, IT & Telecommunication, BFSI, media and entertainment, healthcare, manufacturing, retail, government and defense.
Market HighlightsMachine learning is a branch of artificial intelligence (AI) that uses statistical techniques for analytical model building that imparts the computers with the ability to learn from data instead of being explicitly programmed to carry out certain operations.As per the report that has been recently published by Market Research Future (MRFR), the global machine learning market is anticipated to project remarkable growth in the coming years.The increasing demand for machine learning in various industrial sectors to enhance customer experience and gain a competitive edge in the market is majorly driving the global machine learning market towards rapid expansion.The blistering pace of adoption of artificial intelligence in multiple sectors such as automotive, healthcare, BSFI, government, and others have led to the rise in demand for machine learning services in the global market.Reports that convey interpretations into the information and communication technology industry has been offered by Market Research Future, which produces reports on industry verticals that judge the market progress and options for growth.On the basis of region, the machine learning market has been segmented into North America, Europe, Asia Pacific and other regions in the world.Detailed Regional Analysis Geographically, the global machine learning market is segmented into four major regions such as North America, Europe, Asia Pacific (APAC) and the rest of the world (RoW).The rapid technological development and increasing adoption of machine learning services in various industrial sectors are fueling the expansion of machine learning market in the North America region.
Market HighlightsThe increase in digital tech solutions support is expected to bolster the expansion of the worldwide workforce management market in the years to come.The high installation of cloud across multiple organizations is simplifying proceedings of workforce management solutions, which can contribute to the rise of the market in the years ahead.The rise in the application of workforce management solutions in cash-rich industries, such as IT and telecom field can impact the rise of the market in the years ahead.Market Research Future (MRFR) states that the global workforce management market can rise at 18.75% CAGR in the review period 2020–2026.Other regions that are analysed for the workforce management market are the Middle East & Africa, and South America.In the US, the rise of the workforce management market can be attributed to rapid advances digital technologies.In addition, the region is known to house different players that are expected to churn decent revenue for the market in the region.
Market HighlightsFacility management primarily is a method of handling different modes and functionalities of an enterprise and makes sure about sleek operation of the developed environment.It brings together people, methodologies, and technicalities to help the companies concentrate on their primary strengths.It helps them in providing effective business decisions.It is also quite effective in terms of integrating crucial data concerned with business in a single platform.Prime factor that drives growth of the facility management market is the transforming professional scenario of the companies.Apart from these, a growing number of real estate properties and increasing focus towards space management are also prominent factors contributing towards growth of facility management market.Segmentation:International facility management market size can be segmented based on services, in terms of deployment, and terms of end-users.
Market HighlightsThe global environmental monitoring market is predicted to expand at 10 % CAGR during the assessment period (2016-2022) owing to the rising government initiatives to protect the environment, asserts Market Research Future (MRFR).Environment monitoring refers to the process of controlling and monitoring state of the environment after the completing industrial functionalities and operations.It comprises technologies used to monitor water pollution, air pollution, land contamination, waste management, and others.Drivers and RestraintsWith the growing initiative to protect the environment from air pollution, water pollution, and other hazards, the environmental monitoring market is likely to expand.The increasing implementation of ecological monitoring and software for industrial pollution checks along with government initiatives to develop a biodegradable infrastructure is anticipated to foster market growth during the assessment period.The government is taking the initiative to shield the environment from air, water, land, and other forms of challenges.Moreover, the rising application of such monitoring software for examining industrial pollution is predicted to drive the market.On the flip side, lack of technical expertise and difficulty in monitoring certain aspects owing to strict government mandates are significant challenges inhibiting the market growth over the review period.
Market HighlightsAn IIoT platform is a set of hardware and software facilities that support applications for industrial companies.It uses the internet to connect devices and equipment and this use of the internet is commonly called the Industrial Internet of Things (IIoT).According to the report published by Market Research Future (MRFR), the global industrial IoT platform market is anticipated to grow at USD 650 million by 2023, with a substantial CAGR of 23% over the review period (2016-2022).Past couple of years has noted several IIoT platform providers shift from pilot to enterprise roll-out with more than one market player going ahead with customers to make enterprise commitments.Case in point being C3IoT, who went enterprise-wide with Enel, which is the largest utility in Italy.Drivers and RestraintsFactors such as the high efficiency, low breakdown of machineries and high efficiency are some of the major driving factor which are directly associated with the industrial IoT whereas government rules regarding technological advancements, the usage of automation in the industrial process, increasing demand for industrial process are also some of the direct factors which is aiding into the market growth.It is about maintenance-focused applications like the superimposition of operating conditions on virtual X-rays of the equipment, which assists technicians in diagnosing the twin to model estimated service life.therefore, the market is well on its way to greater horizons in terms of growth.Regional AnalysisBy region, the industrial iot market size is segmented into North America, Europe, Asia Pacific (APAC) and the Rest of the World.Among all regions, APAC is projected to dominate the global market.North America is one of the most developed nations in possession of advanced technologies, which are not available in several other countries.
Market Research Future (MRFR) has offered an assessment which unravels that the global data analytics market is expected to garner a valuation of USD 77.64 Bn by 2023 up from USD 12.01 Bn in 2016.In the recent times, companies have implemented big data analytics to increase the organization's sales, customer service, enhance logistics, improve efficiency, and risk management in the crisis caused due to COVID 19 pandemic.During this situation, most of the big companies are working from home, data analytics is being a vital aspect for the businesses to make its revenue amid lockdown worldwide.The mount in the adoption of this aspect of data analytics, including machine learning and AI solutions has skyrocketed data analytics generation, and its need robust implementations have scored the market’s value to a great extent.The global data analytics market has witnessed continuous and robust augmentation in the past few years and is proposed to continue this same path.In the past some years, data analytics has been primarily used to empower organizations to make the most profitable business choices.All these factors have also contributed to the growth of the market.The big data analytics market is also driven by organizations that realize the operational advantages of using analytics solutions that authorize organizations to target better consumers, enterprise-grade security, surge access to cloud-based models, continue vendor consolidation, and data governance solutions offered by market vendors.
Market HighlightsHigh resistance to fluctuating temperatures and electromagnetic interference is predicted to be a plus for the market.Low operational expenditure and maintenance costs are expected to bode well for the market.But various technological advances and adoption of new tougher materials can boost the market demand in the forthcoming years.Fiber optic cables consist of plastic or glass threads of wires with the ability to transfer data at increased speeds.The telecommunication companies prefer to implement fiber optic cables in their activities.The global fiber optic cable market is projected to develop at 11.18% CAGR during the forecast period ranging from 2018 to 2025.The rising demand for high-speed bandwidths with the least latency is likely to be the prime driving force behind the market.
Market HighlightsThe global fiber optic market is predicted to touch USD 6 billion at a 10% CAGR between 2017- 2023 states the recent Market Research Future (MRFR) analysis.A fiber optic, simply put, is a transparent, flexible fiber that is made of plastic or extruded glass (silica) that can work as a light pipe or waveguide for transmitting light between the fibers’ both ends.Owing to its alluring characteristics and endless benefits, fiber optic is mostly used in utilities, aerospace, military, and telecom and broadband.Market Boosters and Key BarriersWith the amplified demand for the internet of things (IoT) and surge in the number of connected devices, the importance of data transmission has risen among users.Moreover, technological advancements taking place in the telecom sector had led to a surge in the deployment of broadband network architectures.Fiber to the Building (FTTB) and Fiber to the Home (FTTH) are some of the most significant broadband networking architectures, which calls for large-scale deployment of fiber optic networks.A fiber optic cable offers a host of benefits, including high-security option that is not possible with basic copper cables.Fiber optics will find widespread use in online video as they offer better and clearer pictures, in addition to expanding bandwidth capabilities of the internet.
The global smart lock market has been studied in this report by Market Research Future (MRFR).Also, the valuation is likely to touch USD 2 Bn mark by 2023.Although there are multiple usage scenarios for the smart lock, usability is one of the key obstacles to adoption-for both enterprise and residential users.Trust in a door lock must be full, so the new generation of smart locks over regular Wi-Fi networks needs to prove its usefulness.Curiously, early versions also neglected partly the most important factor of the smart lock – the way to open it.Segmentation:The global smart lock market size has been segmented into different categories based on lock type, communication protocol, products type, and end users.The worldwide smart lock market is subdivided into type of products, type of lock, end user, protocol of communication, and regions.The end users segment covers residential, commercial, government, manufacturing, and other categories.Regional Analysis:The regional evaluation of the global smart lock market spans across North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW).
The global set-top box market report by Market Research Future (MRFR) contains accumulated data on cable viewing statistics, consumption of content, and other dynamic variables for the period of 2017 to 2023 (forecast period).The impact of the COVID-19 outbreak on the industry has been taken into account for revising industry projections.According to Market Research Future (MRFR), the global set-top box market is estimated to hit a size of USD 26,630.4 million with a CAGR of 7.2% from 2017 to 2023 (forecast period).The report provides a precise description of the impact analysis of the Covid-19 by applications and regions.Market DynamicsThe use of a set-top box has been widespread in recent years.Such factors have a favorable effect on the set-top box market.Segmentation:By product type, set top box market size is segmented into over-the-top content (OTT), internet protocol (IP) TV, digital terrestrial television, cable, satellite, and others.This is driven by the high picture and sound quality of HD content.By services, it is divided into managed Services (Testing, Repairing, and Screening) and interactive services (Video on Demand, Video Conferencing, and High-Speed Internet Television).The residential segment accounted for 75.90% in 2017.
It has paved its way successfully through major vertical industries such as construction, automotive, and electronics.It assists end-users in achieving quality improvement and creativity capable of inspiring more verticals to implement the technology in the years to come.During the forecast period, robust demand from the electronics and machine/machine manufacturing sector will continue to generate growth for the global digital twin industry.Digital twin technology’s growth is being propelled in part by the rapid adoption of 3D printing and 3D modelling.The technology has quickly increased in developed countries across North America, Europe, and Asia.In the years ahead, the digital twin will undoubtedly find vast opportunities for deployment across major industrial verticals.
Market HighlightsAs per the latest study by Market Research Future Reports (MRFR), the global smart workplace market is estimated to value USD 47 billion, thriving at a CAGR of 13% by the end of 2023.The increasing demand for smart office solutions is the major factor driving the global smart workplace market 2020.Besides, there has been rapid technological development in the sector, which is augmenting the market at a fast pace.Furthermore, a precise evaluation of factors augmenting and impeding the market in the post-COVID-19 environment has been analyzed.We will provide COVID-19 impact analysis with the report.Segmentation:The worldwide smart workplace market share can be segregated on the grounds of product, component, communication technology, office type, and region.Based on the product, the worldwide smart workplace can be segmented into Smart Lighting, Lighting Controls, Smart Bulbs, and Fixtures.Based on the component, the worldwide smart workplace can be segmented into Software and Services.Based on communication technology, the worldwide smart workplace can be segmented into Wired and Wireless.The wireless segment can further be classified into LonWorks, Power Over Ethernet (POE), KNX, Building Automation & Control Network, Digital Addressable Lighting Interface (DALI), and others.Based on office type, the global smart workplace can be segmented into Retrofit Offices and New Construction Offices.Based on the region, the worldwide smart workplace can be segmented into Asia Pacific, North America, Europe, and the Rest of the World (RoW).Regional AnalysisThe regional evaluation of Asia Pacific, North America, Europe, and the Rest of the World (RoW) has been performed.
Market HighlightsThe application of digital signage boards in diverse locations such as transportation systems, public spaces, museums, and stadiums, among others, is expected to motivate the demand for the digital signage market in the approaching period.An income level worth USD 26.3 Billion is foreseen to be achieved by the market with the aid of a 6 % CAGR.High need for digital signage solutions in commercial and public sectors is expected to augur well for market growth over the forecast period.Development of signages embedded with gaze tracking technology which can assess and record consumer behavior by the presence of large crowds can heighten market demand.Evolution of LED, OLED, and super AMOLED can improve the quality of Ads to be displayed providing space for manufacturers to market their product.Innovations by display engineers and researchers and changing distribution strategies can propel the market.Lack of technical expertise in handling digital signage and high initial costs of procurement are factors which can hamper the market growth.Detailed Regional Analysis North America is touted to dominate the global digital signage market size till 2022 due to high demand from the retail sector and numerous suppliers.Rising investments by consumer electronic behemoths such as LG Electronics and Samsung in facilities can spur the market growth.The regions considered in the digital signage market are the Americas, Europe, the Asia Pacific, and the rest of the world.Competitive AnalysisThe enhancement of production resources is expected to create a favorable impetus for the advance of the market.
Market HighlightsThe global vertical farming market value by 2024 is estimated to be USD 6.5 billion by 2024, reports Market Research Future (MRFR).CAGR of 20% during the forecast period (2019–2024).Market Boosters and Key BarriersVertical farming is touted to be a revolutionary approach that helps in producing food and medicinal plants in vertically stacked layers such as in a used warehouse, skyscraper, or shipping container.This type of farming leads to production of a huge quantity of nutritious and quality fresh food without needing high water usage, favorable weather, high soil fertility, and skilled labor.In addition, given the vertically stacked structure, these farms don’t require any additional construction activity and land.Therefore, balanced energy utilization and optimum use of vertical space stimulate market growth for vertical farming.With that said, the market has its fair share of challenges, in the form of high initial investment required for setting an indoor vertical structure.But, the surge in urban population combined with increased adoption of technology-driven agriculture offers a host of lucrative growth opportunities to players in the vertical farming market.Segmentation:The worldwide vertical farming market size has been segmented depending on technology, structure, and crop type.The technology-based segments in the vertical farming market are hydroponics, aquaponics, and aeroponics.The global vertical farming market, with respect to the structure, is considered for indoor vertical farming and outdoor vertical farming.
Market HighlightsThe global managed print services market is expected to rise at a strong 9% CAGR over the forecast period from 2017 to 2023 to reach a valuation of USD 51 billion, according to the latest research report from Market Research Future (MRFR).The global managed print services market is set to rise at a strong growth rate over the forecast period due to the increasing demand for managed print services and the increasing incorporation of cloud and other modern facilities to make managed print services more capable and useful to the client.The research report on the managed print services market provides a detailed historical review of the managed print services along with a detailed analysis of the microeconomic and macroeconomic factors affecting the market the most.The major drivers and restraints for the global managed print services market are profiled in the report, thus providing readers with a clear picture of what is making the managed print services market move.Managed print services are the 21st-century version of print services and consist of a managed print service provider offering a large suite of print-related services at a combined price.The demand from the managed print services market is mainly driven by the increasing awareness about the benefits of managed print services and the ease with which they can be incorporated into the end user’s regular printing practices.The global managed print services market is expected to be driven by the growing demand for a one-stop solution for all printing-related services, as this often comes at a lower cost, as well as reducing the client’s responsibilities regarding the maintenance and upkeep of printing equipment.This is likely to drive the managed print services market over the forecast period, as an increasing number of enterprise end users are interested in focusing on their core compatibilities and outsourcing secondary responsibilities to external agents.This growing trend is likely to ensure steady growth of the global managed print services market over the forecast period.Segmentation:The global managed print services market share is segmented on the basis of component, deployment, organization size, end use, and region.By component, the global managed print services market is segmented into hardware, software, services, and others.
Market HighlightsThe mobile application testing solution market is predicted to touch USD 9 billion at a whopping 21% CAGR between 2016- 2022, states the recent Market Research Future (MRFR) analysis.Mobile application testing solutions, simply put, are tools utilized to test application software for its consistency, usability, and functionality.It helps to make sure that the software is all set to deliver and cater to the needed characteristics.Various factors are propelling the global mobile application testing solution market share.According to the recent MRFR report, such factors include the growing adoption of new technologies, increasing demand for tablets and smartphones, changing lifestyles, an increase in per capita income, and growing demand across corporate and commercial sectors.Additional factors adding market growth include the need for regression testing, the requirement to tackle issues owing to device diversity, rising mobile applications like m-commerce, expanding IT sector, demand for efficient testing solutions, availability of high-end tablets, and smartphones with various user interfaces and operating systems.Besides, the burgeoning demand for mobile applications in order to offer COVID-19 related information and track COVID-19 cases is also adding market growth.On the contrary, the growing preference for interactive testing over automated testing coupled with the rising agile mobile environment may impede the global mobile application testing solution market growth over the forecast period.Segmentation:The MRFR report highlights an inclusive segmental analysis of the global mobile application testing solution market research based on type, platform, application, and end users.By type, the global mobile application testing solution market is segmented into manual testing and automated testing.
Market Highlights4D printing is an emerging technology which is an advancement of 3D printing.Market Research Future in its study enlists various factors such as technology advances, design flexibility, and more that leads to bringing in new types of products is, therefore, driving the market in a positive way.Market Research Future (MRFR) reports that the global 4D printing market is projected to grow at USD 162 million by 2022.These factors are boosting the market to a great extent and developing rapidly to benefit the customers in every possible way.On the other side, more factors such as military applications are also having a forceful demand for 4D printing technology.By this, soldiers can have a camouflage that can adapt to various environments and metals.Therefore, owing to its benefits in producing guns, machinery, and other defense technologies, 4D printing is being increasingly explored by the military, which is yet again an essential factor fostering the market.Apart from this, it is the automotive sector that is driving the 4D Printing market inevitably and will continue to expand the market during the forecast period owing to the factors such as in making prototypes, productions, concepts, and samples, in education, arts, and more.Other than these, various end-users such as medical, aerospace and defense, automotive are also the advanced extension of 3D printing, thus bolstering the 4D printing market over the forecast period.Also Read: http://www.marketwatch.com/story/4d-printing-market-size-share-trends-growth-analysis-emerging-opportunities-competitor-strategies-and-development-status-2020-04-28 Regional OutlookThe regional analysis for the 4D printing market has been studied for regions such as North America, Europe, Asia Pacific, and Rest of the World.The study depicts that North America would lead the 4D printing market in support of the technological advancements in 3D printing and owing to the high adoption of 3D printing on a large scale.Whereas 4D printing is a niche technology Asia-Pacific region and can have considerable adoption 4D printing technology by the end of assessment period.
The global workflow management market report by Market Research Future (MRFR) highlights salient market dynamics such as drivers, opportunities, trends, and challenges for the period of 2016 to 2022 (forecast period).The sudden outbreak of the COVID-19 virus and its disruptions in the industry has been highlighted.Market Research Future (MRFR) study reveals that the global workflow management system market could touch the valuation of $6.96 billion by 2022.Companies across the world of different industrial verticals are rapidly adopting the services under workflow management to streamline the entire business processes efficiently.Alongside, the factor in increasing access to information is further driving the market of workflow management system substantially.The MRFR’s study further indicates that the surge in competitiveness owing to the technological advancement and the adoption of an automated solution is highly anticipated to contribute towards escalation in market share of workflow management system market during the assessment period.At the same time, the rapid adoption of cloud-based technology and transformation of various enterprises are also anticipated to bring in new opportunities for workflow management system market in the coming years.On the flip side, the aspect such as reduced flexibility, and cost of implementation are acting as hindrance to the market’s growth during the assessment period.Also Read: http://www.marketwatch.com/story/workflow-management-system-market-share-opportunities-growth-upcoming-trends-research-study-competitive-landscape-and-industry-analysis-2020-04-28 Segmentation:The global workflow management market is segmented by deployment, component, and industry vertical.By deployment, it is divided into on-premises and on-cloud.By component, it is segmented into software and services.By industry vertical, it is segmented into IT/telecom, healthcare, transportation, retail, BFSI, and others.Regional OutlookThe regional study of the workflow management system market is studied for the key regions such as Asia Pacific, North America, Europe and Rest of the World.The study designates that the North America region is leading in support of factors such as surged internet penetration and technological advancements.