Product Life Cycle Management Market Bu पुणे
Product Life Cycle Management Market Business Revenue, Future Scope, Market Trends, Key Players And Forecast To 2023
Product Life Cycle Management Market Research Report, by Component (Application/Software, Services), by Deployment Mode (On-Premise, On-Cloud), by End-User (Automotive and Transportation, Industrial Machinery, Retail, Energy) - Global Forecast till 2023
Market Synopsis:
Product lifecycle management is a process that supports in coordinating and managing the complexities of cross-functional practices in order to deliver high-quality product. Market Research Future (MRFR) has published a report stating that the global product lifecycle management market is anticipated to expand at a noteworthy CAGR of 8% during the forecast period of 2016-2022 and reach the valuation of USD 835 Mn by the end of 2022.
Product lifecycle management system is a cost-effective solution that aids in development process of small to medium scale organizations. Increasing adoption of cloud-based solutions for process optimization in various industrial sectors is one of the major factors that are propelling the growth of the global product lifecycle management market. The integration of PLM software with various integrated applications such as enterprise resource planning (ERP), customer relationship management (CRM), application lifecycle management (ALM) and others is fueling the growth of the global product lifecycle management market.
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Market Segmentation:
The global product lifecycle management market has been segmented on the basis of components, deployment, functions and end user. Based on components, the product lifecycle management market has been segmented into software and service. The software segment has been sub-segmented into numerical control (NC), electronic design and automation (EDA), architecture and engineering and construction (AEC) and simulation and analysis (S&A). The service segment has been sub-segmented into integration, consulting, maintenance and operation. Based on deployment, the product lifecycle management market has been segmented into on-cloud and on-premises. Based on functions, the product lifecycle management market has been segmented into system engineering, product portfolio management, product design, manufacturing process management and others. Based on end user, the product lifecycle management market has been segmented into automotive and transportation, industrial machinery, electronics and semiconductors, retail¸ energy and utilities, aerospace and defense, pharmaceutical, IT and telecom, and others.
Regional Analysis:
Geographically, the global product lifecycle market has been segmented into four major regions such as Asia Pacific, Europe, North America and the rest of the world. Rising utilization of cloud-based product lifecycle management solutions and high demand for electronic computer-aided design of PLM are propelling the growth of the product lifecycle management market in the North America region. Increasing demand for product lifecycle management solutions in small to large scale enterprises is leading to the significant growth of the product lifecycle management market in the Asia Pacific region. Rapid innovation in product design is complimenting the growth of product lifecycle management market in the Europe region.
Industry Updates:
In October 2018, New Generation Computing (NGC), a developer of new computational paradigm, has announced that Rubie's Costume Company, one of the largest designers, manufacturer and distributor of Halloween costumes, has implemented NGC's fashion and apparel product lifecycle management solution.
In October 2018, Centric Software, a leading PLM solution provider for fashion, retail, footwear, luxury, outdoor and consumer goods companies, has announced that it is entering Indian market by introducing market-leading product lifecycle management (PLM) solutions to local fashion, retail and consumer goods companies.
In October 2018, Citizens of Humanity, a leading merchandise brand, has announced that it has selected Gerber's YuniquePLM solution for speed to market and data centralization.
In October 2018, Poca Rabanne, the cutting-edge French fashion house, has announced that it has selected Centric Software to provide product lifecycle management (PLM) solution.
Key players:
The prominent players profiled by MRFR that are operating in the global product lifecycle management market are Dassault Systèmes (France), Autodesk, Inc. (the U.S.), PTC (the U.S.), Siemens PLM Software (the U.S.), Apparel magic (the U.S.), Oracle Corporation (the U.S.), SAP SE (Germany), Infor, Inc. (the U.S.), Aras Corporation (the U.S.), Arena Technologies (the U.S.), Omnify software (the U.S.), Infor Company (the U.S.), Accenture PLC (the U.S.) and others.
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Operational Database Management Market Outlook and Future Scope Analysis Forecast To 2022
Global Operational Database Management Market, by Application (Data Formatting, Data Validation, Error Tracking), by Component (Hardware, Software), by Organization (Small, Medium, Large), by End-User (Government, Healthcare, Telecom) - Forecast 2022
Operational Database Management Market Global Market - Overview
The operational database is a database which enables the user to access the data and manipulate it simultaneously. Operational database is independent of application programs which eventually offers better integrity and reduce the data repetition. It also allows the end users to customise and format based on different verticals such as healthcare, banking &financial institution and many more. Operational database are widely used in small and large enterprise which can be employed based on premise and on cloud. Constant evolving technology leads to the increase in number of solution providers and mining the real-time information enables the businesses to craft effective decision process are the major propelling factors for the operational database management market. However, increase in number of cyber-attacks and growing concern of security threats are anticipated to be restraining factors the operational database management market.
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Industry News:
May 2017, IBM Corporation to speed-up Open Database as a Service on IBM power system. IBM Corporation released a new Database-as-a-Service (DaaS) toolkit on power system to enhance the open source database. The new platform gives database administrators the authority to employ a fully configured private cloud automated provision for open source database services. Additionally, end-user will be able to attain the proficiency of cloud model and control resource allocation for their enterprises.
December 2017, MariaDB Corporation to partner with global visual analytical leader Tableau. MariaDB Corporation which is known for fastest growing open source database, decided to partner with Tableau, the global leader in visual analytics, to provide the reliable, fast and data-driven solutions for business decision. The MariaDB integration with Tableau’s business intelligence allows the BI professionals to utilise the tool and interface with techniques which enables to deploy either on a transactional system of MariaDB TX or data ware housing system of MariaDB AX.
Operational Database Management Market Global Market - Segmentation
Segmentation by Applications: Data Formatting, Data Validation and Error Tracking.
Segmentation by Components: Hardware and Software.
Segmentation by Deployment: On-Premise and Cloud.
Segmentation by Organization Size: Small & Medium Enterprise and Large Enterprise.
Segmentation by End-users: Healthcare, Government, Energy, Banking, Insurance &Financial Services, Entertainment, Education, and Telecom
Segmentation by Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Operational Database Management Market Global Market - Regional Analysis
North America is expected to dominate the global operational database management market with the largest market share globally. The United States is presumed to be the leading country of the North America region. This is attributed to presence of big IT giants such as Microsoft Corporation, IBM Corporation and Oracle Corporation which are constantly working on database management market and enhancement of advancement of computer model and system. Asia Pacific region is presumed to be the fastest growing region in the operational database management market owing to increased adoption rate in various industrial sector such as banking and healthcare sector. Currently, India is anticipated to be brightest spot for the operational database management market due to raising the bar limit of Foreign Direct Investment (FDI).
Keyplayers
Some of the major players in global operational database management market include - Oracle Corporation (U.S.), IBM Corporation (U.S.), Neo Technologies (U.S.), MariaDB Corporation (Finland), Datastax Inc., (U.S.), MongoDB Inc., (U.S.), Microsoft Corporation (U.S.), InterSystems Corporation (U.S.), MarkLogic (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), and Aerospike Inc., (U.S.) among others, are profiled in MRFR Analysis and are at the forefront of competition in the global operational database management market.
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Narrowband - IoT Market Growth Rate, Future Scope, Analysis, Business Development and CAGR To 2022
Narrowband-IoT Market by Device Type (Tracker, Smart Metering, Wearable), Deployment (Stand Alone, Guard Band, In Band and), by Vertical (IT, Manufacturing Agriculture, Healthcare, Automotive & Transportation) -Forecast 2022
Market Highlights
The Global Narrowband IoT market has been evaluated as growing market and expected that the market will touch high growth figures in Asia-Pacific region during forecast years.
In April 2016, Huawei and Vodafone announced the foundation of an Open IoT Lab for the product development and applications relating to NB-IoT technology. Many prominent vendors such as Huawei Technologies Co. Ltd., Emirates Telecommunications Corporation, Qualcomm Incorporated and Vodafone Group PLC among others are working towards making the IoT dream, a reality.
Narrowband IoT is a type of M2M communication technology that is specifically optimized for internet of things (IoT). The NB-IoT modules only transmit small amount of infrequent data over long period of time. The Market of NB-IoT is showing healthy growth due to the various advantages offered over conventional M2M channels such as low cost, low power consumption, long battery backup, reliable connection with wide area coverage and deep penetration. The growing demand of low power connectivity solution and increasing interest in IoT platform are driving the market of NB-IoT.
Taste the market data and market information presented through more than 40 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Narrowband-IoT Market Research Report -Forecast to 2022.
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Narrowband-IoT Market:
The usage of tracking devices and Smart meter is increasing among various industry such automotive & shipping industry, building automation, healthcare among others. NB-IoT offers wide coverage and low data rate transmission and is expected to be widely adopted by these industries for tracking and security applications among others. The increasing sensor deployment and machine-to-machine connectivity in order to manage the devices from remote locations are some of the major driving factors which are helping the NB-IoT market to achieve new heights in upcoming years.
The Major Key players of Narrowband-IoT market are: Huawei Technologies Co. Ltd. (China), Vodafone Group PLC (U.K.), Emirates Telecommunications Corporation (UAE), Telecom Italia (Italy), Qualcomm Incorporated (U.S.), China Unicom (China), Intel Corporation (U.S.), Ericsson (Sweden), Nokia Networks (Finland), Verizon Communication (U.S.) among others.
Market Research Analysis:
Market Research Future Analysis shows that Narrowband-IoT Market is growing rapidly and during the forecast period, it is expected to grow at CAGR of ~50%. Upcoming trends in the sensor technology, M2M communication, growing IoT industry with respect to autorotation and deployment of technology is expected to lead the market on new heights.
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Microgrid as a Service Market Global Trends and Forecast To 2022
Microgrid as a Service Market by Grid Type (Grid connected, Islanded), by Service Type (Software as a Service, Monitoring & Control Service, Operation & Maintenance Service), Industry (Government, Residential & Commercial, Industrial, Military & Defense) - And Forecast 2016-2022
Overview:
To address the problems associated with power resiliency, alternative energy options such as advanced microgrids are being considered. Microgrids are a distribution network of distributed energy resources (DER) that is capable of islanding regardless of being connected to a traditional utility power grid. Microgrid-as-a-Service (MaaS) or reliability-as-a-service is a new business model which can be used in generating and conserving energy without financial strain. They are a good source of income for consumers owing to its ensured reliability and resilience.
As per the analysis of Market research Future (MRFR), the global Microgrid as a Service market is expected to reach a valuation of USD 2201 Mn at a CAGR of 16% over the forecast period of 2016-2022. The global microgrid as a Service market was valued at USD 772 Mn in 2015.
Surging cases of widespread power outages caused by natural calamities and aging grid structures have resulted in a pressing need to improve energy output. MaaS offers the advantages of dynamic monitoring and scalability at an affordable rate. Rapid industrialization across the globe, especially in the emerging economies has resulted in the need for an uninterrupted flow of electricity which has further induced greater demand for MaaS. Moreover, the adoption of MaaS eliminates the need to incur upfront costs which bodes well for the market in price sensitive market. MaaS acts as an ideal solution for consumers who are more interested in low-cost, reliable services. Continuous technological advancement in the field of microgrids has also contributed to the growth of the market. Other factors driving the growth of the market include an uptick in consumer demand arising out of severe weather fluctuations, reduction in the price of distributed generation, and state incentive programs. Even though MaaS has entered the mainstream, its rapid dissemination and implementation are still met by challenges related to management struggles, and technical constraints.
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Segmentation
The global Microgrid as a Service market has been segmented based on grid type, service type, and industry.
By grid type, the global microgrid as a Service market has been segmented into Grid connected and remote/Islanded.
By service type, the global microgrid as a Service market has been segmented into Service, Monitoring & Control Service, and Operation & Maintenance Service.
By industry, the global Microgrid as a Service market has been segmented into Manufacturing, Residential & Commercial, Military, and Utility.
Regional Analysis
By region, the global Microgrid as a Service market has been segmented into North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW).
APAC is leading the global microgrid as a Service market. Increased demand for power due to rapid industrialization, high penetration of automation across industries in the region. In addition, government initiatives towards the electrification of rural areas in developing countries such as India, China, and Japan generate massive demand for MaaS. Additionally, increasing demand for renewable energy sources acts as a plus for the growth of the market.
North America is a significant market for MaaS which is likely to exhibit substantial growth over the forecast period. Persistent development in the power sector in the region can be credited for the growth of the market. The United States Department of Energy encourages the adoption of microgrid which has resulted in increased adoption of MaaS in various government as well as private projects.
Competitive Landscape
The notable players in the global microgrid as a service market include General Electric (U.S.), Exelon Corp. (U.S.), Eaton Corp. PLC (Ireland), Northern Power Systems Corp. (U.S.), Spirae, Inc. (U.S.), NRG Energy, Inc. (U.S.), Schneider Electric SE (France), ABB Ltd. (Switzerland), Siemens AG (Germany), and Duke Energy Corporation (U.S.).
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Mobile Biometric Security Size, Share, Growth Rate, Trends, Analysis, Future Scope, Forecast To 2025
Mobile Biometric Security and Services by Type (Fingerprint, Face, Voice, Iris), Component (Hardware, Software), Platform (Android, iOS), Industry (Banking and Finance, Law Enforcement, Military and Border control, Healthcare) - and Forecast 2016-2022
Market Synopsis:
According to the latest reports published by Market Research Future (MRFR), the global mobile biometric security and service market will grow at around 35% CAGR with a market valuation of USD 45 Bn. The thorough penetration of the smartphones, tablets, PCs, etc. has propelled the growth of biometric security and the same is expected to grow further during the forecast period (2016-2022).
Some of the factors that can push the market for mobile biometrics are cyber safety, economical in terms of time, convenience, reliability, etc. Private enterprises and government organizations are adopting mobile biometrics to increase productivity in sectors such as financial service, healthcare, etc. which is helping the manufacturers to tap growth opportunities.
Other factors which may adversely affect the market growth are lack of awareness, high cost associated with some features such as retinal scanning and iris recognition, etc.
Global Mobile Biometric Security and Service Market Segmentation:
By type, the market has been segmented into fingerprint recognition, face recognition, voice recognition, and, iris recognition. Iris recognition is the next big thing in the market which is more secure than fingerprint recognition.
By component, the market is segmented into hardware (fingerprint reader, Scanners, camera), and, software (computer software).
By platform, the market has been segmented into android, and, iOS (formerly iPhone OS). Both the segments possesses the potential for growth owing to exemplary market penetration. If shareholding in the market is to be considered, the demand and supply of android OS are more because of factors like user-friendly interface, low cost, etc.
By industry, the market is segmented into banking and finance, law enforcement, military and border control, healthcare, and, government organization.
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Regional Analysis:
By region, the market has been segmented into North America, Asia Pacific, Europe, and, Rest-of-the-World (RoW). The Asia Pacific segment will be one of the dominators of the market due to rise in security concerns coupled with exponentially increased penetration of mobile phone and electronic gadgets market. This region includes the countries with the highest demand for mobile phones as well as the prominent manufacturers of mobile phones. Therefore, the demand for mobile biometrics security and service will be fueled by a boom in the mobile phone market. Other factors responsible for the bullish trend in mobile biometrics security and service market are innovation in biometrics, introduction of next-gen technology, etc.
North America and Europe segments will exhibit an upward trend in terms of market growth owing to governments’ initiatives to support cybersecurity. The government in these regions are keen on strengthening the security infrastructure for digital platforms which has fuelled the market growth for mobile biometrics. The growing number of portable devices such as e-passport, cashless payments, etc. are being connected to the internet and services which in turn is propelling the expansion of the market.
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Plant Asset Management Market Analysis and Demand with Forecast To 2023
Plant Asset Management Market Research Report: Information by Offering (Software, Service), by Deployment Mode (Offline, Cloud), by Asset Type (Production Asset, Automation Asset), by End-User (Chemical, Aerospace and Defense) by Region - Global Forecast till 2023
Market Overview
Market Research Future (MRFR) emphasizes in its research report that the global market 2020 is projected to rise rapidly over the review period, achieving a significant market valuation from USD 5.20 Billion in 2017 to USD 8.78 billion by 2023, and a healthy CAGR of 9.5% over the review period. Drivers and Restraints
Growing demand for a cloud-based plant asset management solution drives the plant asset management market. Adopting lean manufacturing practice, requiring real-time data analysis, and growing demand for applications for failure detection also propels market growth. Growing awareness about the adoption of low-cost manufacturing plants, rising customer needs and growing trends in integrating IT and operational technology among others are key factors driving growth in the plant asset management sector. The plant asset management market is also projected to expand at the highest pace over the forecast period. This is due to the rising IoT market and an increasing demand from end-user industries for new technologies.
On the other hand, one of the major factors hampering the growth of the plant asset management market is high initial cost of investment. In addition, the need for periodic upgrading and the complexities involved in plant asset management solutions installations can hinder market development.
Segmental Analysis
By offering, the market is bifrucated into software and services.
By deployment mode, the plant asset market is divided into offline deployment and cloud deployment.
By asset type, the market is bifurcated into production asset and automation asset.
By end user, the market is divided into chemical, energy and power, food and beverages, oil and gas, healthcare, aerospace & defense, automotive, and others.
Regional Analysis
The global business regional analysis was conducted in four major regions including Asia Pacific, North America, Europe and the rest of the world.
Asia-Pacific owing to the presence of numerous main players and vendors in the area is expected to dominate the plant asset management market. The growing solar, hardware, energy and power industries, and automotive industries are also driving the region's market development. The rising economy has led to growth in Japan, India, China and other Asian countries as the industries adopt plant asset management to minimize maintenance costs.This trend is fueling market growth as foreign investment in the region is growing. Due to the rapidly increasing industrial base and rising competition among the players in the region, the fastest growing market is expected to be the Asia-Pacific market too. North America is slated to be the second-largest market due to the presence of numerous industries and key players in the region, such as IBM Corporation and Honeywell International Inc. North America also has early access to emerging technology due to the superior infrastructure funding, and it is one of the early adopters of the plant asset management system, responsible for business growth.
Competitive Analysis
The major market players operating in the global market as identified by MRFR are Endress+Hauser Management AG (Switzerland), Honeywell International Inc. (US), General Electric Co. (US), Rockwell Automation, Inc. (US) , Siemens AG (Germany), Yokogawa Electric Corporation (Japan), Emerson Electric Company (US), Dassault Systèmes (France), IBM Corporation (US), and Hitachi Ltd. Plant asset management market tends to be highly competitive. To retain its market place and drive market growth, a competitive environment is created by numerous diverse and diversified foreign organizations, domestic organizations and new entrants. Business leaders are constantly innovating and increasingly pursuing market growth through numerous strategic mergers and acquisitions, innovation, increased research and development investments, and cost-effective product portfolio. Big players invest in internal R&D, and most of all in the purchase of other firms.
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M2M Communication Market Global Trends and Forecast To 2022
M2M Communication Market, by Technology (Wired, Wireless), by Component (Wi-Fi, Sensors, RFID, Computer Software), by Application (Consumer electronics, Healthcare, Retail, Automotive, Utilities, and Home Automation) - Forecast 2016-2022
M2M Communication Global Market - Overview
The global M2M communication market is showing immense growth; mainly due to the growing need for energy-efficient lighting systems. M2M communication refers to connecting different machines of the same type other than smartphones, tablets, and wearables with each other. The technology is segmented into wired and wireless. With the advancements in technology, M2M Communication also allows connected vehicle opportunity which offers inter vehicle and intra vehicle in order to improve the driver experience. Strong support of mobile operators and the growing high speed networks are major factors driving the growth of M2M communication market. Also, increase in cloud based M2M application platforms is one major factor driving the growth of the market. Moreover, increasing strategic partnerships with system integrators is another major factor responsible for driving the growth of M2M communication market.
According to a recent study report published by Market Research Future, The global market of M2M Communication is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022 with a striking CAGR during the anticipated period (2017 – 2022). Technological advancements and growing demand for public safety networks is boosting the growth of M2M communication market. Also, increasing demand for M2M communication from transportation and healthcare is another major factor driving the market growth. The M2M Communication market is highly competitive due to the increase in implementation of cloud based technologies and developments in the field of internet of things. On the other hand, lack of standardization and continued uncertainty around 4G LTE are major factors hindering the growth of M2M communication market. Also, getting consumers to pay more for enhanced connectivity and need for integrated M2M solutions are other factors that may hamper the growth M2M communications market.
Industry News
Jan 2018 – Sierra Wireless is a solid IoT play for the future. Sierra Wireless makes money by producing 2G, 3G and 3G gateways and embedded modules utilized in machine-to-machine communications, and commands approximately one third of the market space and has utilized a strategy of “growth via acquisition” to boost year-over-year revenues.
Jan 2018 – TRAI mulls policy for M2M communications. Telecom regulator, TRAI has come out with proposals on machine-to-machine communications that include a new kind of permit for companies keen on providing services for this new form of technology.
M2M Communication Global Market - Competitive Analysis
The market of M2M communication appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.
M2M Communication Global Market - Segmentation
The M2M communication market can be classified into 4 key segments for the convenience of the report and enhanced understanding;
Segmentation by Technology: Comprises of Wired, Wireless and Hybrid
Segmentation by Component: Comprises of Wi-Fi, Sensors, RFID, and Software among others
Segmentation by Application: Comprises of Consumer Electronics, Healthcare, Retail, Automotive, Utilities, and Home Automation among others
Segmentation by Region: Comprises of Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
M2M Communication Global Market - Regional Analysis
North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the M2M communication market in North America owing to the presence of a large number of established key players such as Aeris communication. Inc., AT&T, Inc., Cisco Systems Inc., Telenor Group, Intel Corporation, Singtel Group, Texas Instruments, Vodafone Group plc., Verizon Communications, Inc., Sprint Corporation and Telefonica, S.A. among others. Also, U.S. is leading the market in North America due to the rising demand of cloud based services and high-speed networks that enable easy access, analysis and manipulation of stored data transaction to help customers to improve their business operations. Also, due to the drastic fall in the usage of native applications and a considerable shift towards the adoption of cloud based applications in the region, the market is likely to show immense growth in the coming future. M2M communication market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2022 due to increasing adoption of smartphones and digital solutions such as smart meters in China and India in the region. Whereas, the Europe market for M2M Communication is expected to grow at a considerable CAGR (2017-2022). Europe is expected to register healthy growth in the machine to machine communication market due to industrial developments as well as infrastructural growth.
Key Players
Aeris communication. Inc. (U.S.), AT&T, Inc. (U.S.), Deutsche Telekom AG (Germany), Cisco Systems Inc. (U.S.), Telenor Group (Norway), KORE Wireless Group (U.S.), Intel Corporation (U.S.), Rogers Communications Canada, Inc. (Canada), Singtel Group (Singapore), Texas Instruments (U.S.), Vodafone Group plc. (UK), Verizon Communications, Inc. (U.S.), Sprint Corporation (U.S.), Telefonica, S.A. (Spain), China Mobile Ltd. (China), Numerex Corp. (U.S.), Sierra Wireless (Canada), and Orange S.A. (France) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global M2M Communication Market.
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Connected Workplace Market Research Report - Global Forecast to 2022
Global Connected Workplace Market, by Components (Security Systems, Smart Lighting), By Types (Telecommuting, Virtual Team, Hot Desk), By Deployment (On-Premise, On-Cloud, Hybrid), By Applications (Monitoring, Building Automation) - Forecast 2022
Market Highlights
Connected Workplace Market is expected to grow at CAGR of ~11% during the forecast period and expected to reach market size of USD ~31 Billion by the end of forecast period.
Connected Workplace connects all employees to their colleagues and interlinking all tasks by effectively using cloud based applications or mobile devices. This is also supports big data analytics in organization which increases the productivity, customer interaction, thereby generating huge revenue for the firm. The growth drivers for this market include widespread availability of interactive service in the organization which helps in providing information to all the stakeholders of organization, by utilization of tablets, smartphones and laptops and flexible working spaces which help in attracting new talent for the organization. A major challenge in connected workplace is protecting the intellectual property of an organization as the information can be assessed worldwide.
Connected workplace facilitates an organization with free seating and open space arrangement which help a business in easily adopting the changing business needs. Connected workplace leverages technology which satisfies the employees of the organization, leading to high productivity and helps in maintaining quality standards. This also allows an organization to efficiently utilize their workplace investments.
Connected Workplace Market
The Global connected workplace Market has been segmented on the basis of components, types, deployment and applications. Component includes- security systems, smart lighting, HVAC control, and others. On the basis of type, the global connected workplace market can be segmented into telecommuting, virtual team and hot desk among others. Connected workplace can be deployed by using on-premise, on-cloud and hybrid technology methods. The applications of connected workplace can be monitoring, building automation, energy management system, mobile device management and others.
Key Players:
The prominent players in the connected workplace market are- Siemens AG (Germany), Koninklijke Philips N.V. (The Netherlands), ABB Ltd. (U.S.), Deloitte Pvt. Co. (U.S.), Schneider Electric SA (France), Cisco Systems, Inc. (U.S.), Crestron Electronics, Inc. (U.S.), Honeywell International, Inc. (U.S.), Johnson Controls Inc. (U.S.) and United Technologies Corporation (U.S.) among others.
Market Research Analysis:
Market Research Future Analysis shows that the major driver of growth of connected workplace market is increasing adoption of digital innovation by employees of organization. The employees are greatly accepting the concept of bring-your own device (BYOD) which enables them to bring their own laptop or smartphone to work and connect them to the firm’s IT network. The increasing youth population in many regions which is technology savvy is also supporting in promoting the concept of connected workplace. This concept is being majorly adopted by industries such as software companies, educational institutes, consultancy providers, real estate and construction among others. Workspaces are increasingly taking advantage of intelligent building systems, allowing companies to reduce energy costs and personalizing the workspace experience for employees.
Market Research Future Analysis shows that North America is expected to dominate the global connected workplace market owing to presence of many large companies like Deloitte Pvt. Co, Crestron Electronics, United Technologies Corporation, Honeywell International, Inc. and others in the region. The increase in number of OEM operators in North America region would also contribute to the market growth. APAC region is also expected to record a huge growth rate in the forecast period due to rapid industrialization in developing economies like India, and China and is expected to fuel the connected workplace market in the upcoming future.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Wireless Telecommunication Service Market Research Report - Global Forecast 2022
Wireless Telecom Services Market By Service Type (Voice, Data), By Technology (2G, 3G, 4G), By Industry (Residential, Education, Healthcare, Government, Business) - And Forecast 2016-2022
Global Wireless Telecommunication Service Market - Overview
The Mobile & Wireless Communications market is characterized by rapidly changing technology, evolving customer demands, and the frequent introduction of new products and services. With the deployment of Next Generation network technologies, today's service providers are in search of applications that can take advantage of increased data speeds and bandwidth to provide compelling services to users. The wireless industry is maturing, now surpassing 100 percent penetration in many countries. The trend is a saturated market with the forces of consolidation and pricing pressures intensifying.
The Wireless Telecommunications Services market consists of companies engaged in providing wireless communication services, such as paging, cell phone and other satellite telecommunication services. The industry excludes cable television services utilizing satellite delivery. With increasing adoption of advanced technology based solution and services, organizations are opting for IoT in order to make their operation more efficient, and easy to access. Infrastructural advancement from smart homes to various other hospitality renovations showcase potential for the application of wireless telecommunication services. Also, increasing use of mobile devices to access voice and data services and inclination towards communication technologies such as 3G, 4G, and 5G is attracting customers in order to ease the usage of wireless telecommunication services.
Some of the major wireless telecommunication Service providers such as AT&T and Verizon are expanding their network coverage and capacity in order to successfully adopt the advanced communication technologies such as 3G, 4G (LTE). The flexible government regulation in wireless segment, increasing promotion by service providers and headset manufacturers are some of the major driver for wireless telecommunication Service market.
Industry News
January, 2018 - Intracom Telecom, a global telecommunication systems and solutions vendor, announced a strategic partnership with Furukawa Electric LatAm S.A. (Brazil), a global corporation with diversified activities and member of the Japan-based Furukawa Electric Group. this strategic partnership focuses on the development of Fiber-Wireless integrated solutions with Furukawa Electric providing the GPON, WDM, and cabling solutions, and Intracom Telecom deploying its Wireless Transport & Access solutions, offering to operators a larger tool-box of solutions to homogeneously address fixed and mobile transport network with multi-gigabit transport options.
January, 2018 - iconectiv, the next Local Number Portability Administrator (LNPA) for all U.S. regions, has announced the launch of an informational website to support the Number Portability Administration Center (NPAC) transition for businesses that must comply with the Telephone Consumer Protection Act (TCPA) and rely on the Wireless Do Not Call (WDNC) service for porting data.
Global Wireless Telecommunication Service Market - Competitive Analysis
The Market of wireless telecommunication appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms. Prominent vendors of wireless communications are targeting to invest more in technology and research and development activities to innovate their already existing products. The rising government funding is also expected to motivate key companies to invent new Mobile Security modules that match the changing trends and needs across the globe.
Global Wireless Telecommunication Service Market - Segmentation
The wireless telecommunication service market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by service type: Comprises voice and data
Segmentation by technology: Comprises 2G, 3G, 4G and others
Segmentation by industry: Comprises education, healthcare, residential, government, business among others.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
Global Wireless Telecommunication Service Market - Regional Analysis
Asia Pacific is dominating the market of Wireless Telecommunication Service Market due to the high no. of smartphone and electronic gadget in regions such as China and India. China is most populous country in world and has highest no. of mobile phone users followed by India. The growing no. of mobile phone users and heavy use of internet services in this region is contributing the market of Wireless Telecommunication Service to grow and achieve new heights. North America is showing major growth in Wireless Telecommunication Service Market due to the third largest no. of smart phone users and high requirement of internet based services in mobile phones is also supporting the market of Wireless Telecommunication Service market. Europe is expected to register healthy growth in the Wireless Telecommunication Service Market due to large no. of internet connections with portable devices. Germany has the largest no. of internet users followed by United Kingdom and France.
Key Players
AT&T, Inc (U.S.), China Mobile Communications Corporation (China), Verizon Communications, Inc. (U.S.), Vodafone Group PLC (U.K.), The Nippon Telegraph and Telephone Corporation (Japan), Telefónica, S.A.(Spain), América Móvil (Mexico), Deutsche Telekom AG (Germany), China Telecommunications Corporation (China) , SoftBank Group Corp (Japan) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Wireless Telecommunication Service Market.
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About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Mobile Biometric Security Size, Share, Growth Rate, Trends, Analysis, Future Scope, Forecast To 2025
Mobile Biometric Security and Services by Type (Fingerprint, Face, Voice, Iris), Component (Hardware, Software), Platform (Android, iOS), Industry (Banking and Finance, Law Enforcement, Military and Border control, Healthcare) - and Forecast 2016-2022
Market Synopsis:
According to the latest reports published by Market Research Future (MRFR), the global mobile biometric security and service market will grow at around 35% CAGR with a market valuation of USD 45 Bn. The thorough penetration of the smartphones, tablets, PCs, etc. has propelled the growth of biometric security and the same is expected to grow further during the forecast period (2016-2022).
Some of the factors that can push the market for mobile biometrics are cyber safety, economical in terms of time, convenience, reliability, etc. Private enterprises and government organizations are adopting mobile biometrics to increase productivity in sectors such as financial service, healthcare, etc. which is helping the manufacturers to tap growth opportunities.
Other factors which may adversely affect the market growth are lack of awareness, high cost associated with some features such as retinal scanning and iris recognition, etc.
Global Mobile Biometric Security and Service Market Segmentation:
By type, the market has been segmented into fingerprint recognition, face recognition, voice recognition, and, iris recognition. Iris recognition is the next big thing in the market which is more secure than fingerprint recognition.
By component, the market is segmented into hardware (fingerprint reader, Scanners, camera), and, software (computer software).
By platform, the market has been segmented into android, and, iOS (formerly iPhone OS). Both the segments possesses the potential for growth owing to exemplary market penetration. If shareholding in the market is to be considered, the demand and supply of android OS are more because of factors like user-friendly interface, low cost, etc.
By industry, the market is segmented into banking and finance, law enforcement, military and border control, healthcare, and, government organization.
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Regional Analysis:
By region, the market has been segmented into North America, Asia Pacific, Europe, and, Rest-of-the-World (RoW). The Asia Pacific segment will be one of the dominators of the market due to rise in security concerns coupled with exponentially increased penetration of mobile phone and electronic gadgets market. This region includes the countries with the highest demand for mobile phones as well as the prominent manufacturers of mobile phones. Therefore, the demand for mobile biometrics security and service will be fueled by a boom in the mobile phone market. Other factors responsible for the bullish trend in mobile biometrics security and service market are innovation in biometrics, introduction of next-gen technology, etc.
North America and Europe segments will exhibit an upward trend in terms of market growth owing to governments’ initiatives to support cybersecurity. The government in these regions are keen on strengthening the security infrastructure for digital platforms which has fuelled the market growth for mobile biometrics. The growing number of portable devices such as e-passport, cashless payments, etc. are being connected to the internet and services which in turn is propelling the expansion of the market.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Plant Asset Management Market Analysis and Demand with Forecast To 2023
Plant Asset Management Market Research Report: Information by Offering (Software, Service), by Deployment Mode (Offline, Cloud), by Asset Type (Production Asset, Automation Asset), by End-User (Chemical, Aerospace and Defense) by Region - Global Forecast till 2023
Market Overview
Market Research Future (MRFR) emphasizes in its research report that the global market 2020 is projected to rise rapidly over the review period, achieving a significant market valuation from USD 5.20 Billion in 2017 to USD 8.78 billion by 2023, and a healthy CAGR of 9.5% over the review period. Drivers and Restraints
Growing demand for a cloud-based plant asset management solution drives the plant asset management market. Adopting lean manufacturing practice, requiring real-time data analysis, and growing demand for applications for failure detection also propels market growth. Growing awareness about the adoption of low-cost manufacturing plants, rising customer needs and growing trends in integrating IT and operational technology among others are key factors driving growth in the plant asset management sector. The plant asset management market is also projected to expand at the highest pace over the forecast period. This is due to the rising IoT market and an increasing demand from end-user industries for new technologies.
On the other hand, one of the major factors hampering the growth of the plant asset management market is high initial cost of investment. In addition, the need for periodic upgrading and the complexities involved in plant asset management solutions installations can hinder market development.
Segmental Analysis
By offering, the market is bifrucated into software and services.
By deployment mode, the plant asset market is divided into offline deployment and cloud deployment.
By asset type, the market is bifurcated into production asset and automation asset.
By end user, the market is divided into chemical, energy and power, food and beverages, oil and gas, healthcare, aerospace & defense, automotive, and others.
Regional Analysis
The global business regional analysis was conducted in four major regions including Asia Pacific, North America, Europe and the rest of the world.
Asia-Pacific owing to the presence of numerous main players and vendors in the area is expected to dominate the plant asset management market. The growing solar, hardware, energy and power industries, and automotive industries are also driving the region's market development. The rising economy has led to growth in Japan, India, China and other Asian countries as the industries adopt plant asset management to minimize maintenance costs.This trend is fueling market growth as foreign investment in the region is growing. Due to the rapidly increasing industrial base and rising competition among the players in the region, the fastest growing market is expected to be the Asia-Pacific market too. North America is slated to be the second-largest market due to the presence of numerous industries and key players in the region, such as IBM Corporation and Honeywell International Inc. North America also has early access to emerging technology due to the superior infrastructure funding, and it is one of the early adopters of the plant asset management system, responsible for business growth.
Competitive Analysis
The major market players operating in the global market as identified by MRFR are Endress+Hauser Management AG (Switzerland), Honeywell International Inc. (US), General Electric Co. (US), Rockwell Automation, Inc. (US) , Siemens AG (Germany), Yokogawa Electric Corporation (Japan), Emerson Electric Company (US), Dassault Systèmes (France), IBM Corporation (US), and Hitachi Ltd. Plant asset management market tends to be highly competitive. To retain its market place and drive market growth, a competitive environment is created by numerous diverse and diversified foreign organizations, domestic organizations and new entrants. Business leaders are constantly innovating and increasingly pursuing market growth through numerous strategic mergers and acquisitions, innovation, increased research and development investments, and cost-effective product portfolio. Big players invest in internal R&D, and most of all in the purchase of other firms.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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