Behavior Analytics Market – 40% Growth Forecast over 2017-2024

The industry analysis report Behavior Analytics Market Size By Deployment Model (On Premise, Cloud), By Component (Solutions, Services), By End-Use (BFSI, IT & Telecommunication, Defense, Government Organization, Retail & E-Commerce, Healthcare, Energy & Utility), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Australia, China, India, Japan, Brazil, Mexico, MEA), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says Behavior Analytics Market set to exceed USD 3.5 billion by 2024, driven by rising investment in security solution.

The Israel-based behavior analytics market player, Fortscale Security Ltd., has recently raised close to USD 7 million in its most recent funding round, primarily led by the Valor Capital Group and Evolution Equity Partners, and supported by Swarth, UST Global, Intel Capital, CME ventures, and Blumberg Capital. The totally accumulated capital of around USD 23 million apparently would help Fortscale further scale up its behavioral analytics platform. In an era swamped by security breaches and data threats, tech companies have been vying with one another to bring about a plethora of products that would help unveil the reason behind security threats, even as the danger lurks large in the current times. Behavioral analytics, an inherent vertical of business analytics, focuses on recording new insights on anomalous behavior to detect insider threats. Fortscale’s current funding round incidentally bears acquiescence to the release of the company’s most recent product offering – Presidio™, an embedded UEBA (user and entity behavior analytics) engine that is among the first to debut in behavior analytics market.

Fortscale’s Presidio has been predicted to send behavior analytics industry players in a tizzy, as its embedded approach is slated to deliver a rather streamlined, integrated threat detection model – much more precisely that the conventional UEBA approach requiring an external system would have delivered. The product would be setting the proverbial example for tech behemoths partaking in behavior analytics market share, state experts in correspondence with the matter, given that Presidio is embedded within the security infrastructure of the firm itself, which would offer consumers the exclusive benefits of analytical insights without having to resort to another product in existence.

Amidst the backdrop of a scenario plagued by cyberattacks, data breaches, and insider threats, triggered by the adoption of big data platforms, the adoption of tools such as behavior analytics is on a considerable rise, especially among high-end domains such as the IT & telecom, defense, retail, government, and BFSI sectors, which has lucratively impelled behavior analytics market outlook. The banking business, in particular, has been under tremendous strain in recent years, and forms an intrinsic part of the end-user landscape of behavior analytics industry. Owing to significantly surging risk percentage of cybersecurity, banks and numerous other financial institutions are rather vulnerable to cyberattacks and data exposure, given that these organizations store rather confidential information in mammoth amounts. Considering the rising number of financial losses, it has been observed that the banking community has been rather proactive in adopting analytical platforms – a move that will continue to stimulate behavior analytics market size. Companies partaking in behavior analytics industry share have been going the whole hog to exploit the massive potential of this sector that has been on a roll lately, driving the demand for analytical solutions.

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Speaking of the competitive landscape, it is prudent to mention that one of most prominent names in behavior analytics market as on today, E8 Security, has proudly made it to the headlines recently for its tie-up with CrowdStrike’s Elevate Partner Program. The company will apparently combine its patented E8 Security Fusion Platform & its behavioral analytics expertise with CrowdStrike’s next-gen, end-point protection service called CrowdStrike Falcon, to conveniently help consumers resolve data breaches, bringing about a transformative change in behavior analytics industry.

Apparently, E8’s behavioral analytics technology connected to CrowdStrike’s consumer network will lead to quick detection of malicious activity without having to employ arbitrary thresholds that would need to be adjusted due to false positives. Powered by machine learning and big data capabilities, the E8 Security Fusion Platform would help stimulate behavior analytics market trends, given that the platform helps identify threat within the organization through unusual behavioral patterns.

It would need to be taken note of, that adopting behavior analytics is not the only solution to combat insider threats. While some experts endorse this pointer as a major restraint for behavior analytics industry, the opponents of the theory claim that integrating UBA with security tools such as DLP would be an ideal solution to eliminate the constraint. In addition, these experts state that while developing UBA tools, behavior analytics market giants must bear in mind, that UBA platforms must be designed to function in a lot more ways that merely detecting unusual behavior. For instance, it has been observed that when integrated with DLP, UBA automatically adds detailed user data to DLP investigations in a bid to categorize responses based on priority, which may prove to be a godsend for DLP analysts. The effort put in by organizations to develop such integrated tools that can streamline and prioritize detection processes would massively drive behavior analytics market size, slated to cross a valuation of USD 3.5 billion by 2024.

Table of Content

Chapter 1.   Methodology & Scope

1.1.  Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Scope, definition and research parameters

1.2.  Data Sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2.   Executive Summary

2.1.  Behavior Analytics industry 360º synopsis, 2013 – 2024

2.1.1. Business trends

2.1.2. Regional trends

2.1.3. End-use trends

Chapter 3.   Industry Insights

3.1.  Industry segmentation

3.2.  Industry landscape

3.3.  Industry ecosystem analysis

3.3.1. Vendor matrix

3.4.  Technology landscape

3.4.1. Data source & integration

3.4.2. Data analytics

3.4.3. Data presentation and visualizations

3.4.4. Source system & applications incorporated

3.4.5. Service delivery methods

3.5.  Regulatory landscape

3.5.1. U.S.

3.5.2. Europe

3.5.3. China

3.6.  Industry impact forces

3.6.1. Growth drivers

3.6.1.1.    Integration of advanced analytics and machine learning algorithms into behavior analytics in the U.S.

3.6.1.2.    Rising investment in security solution in the U.S.

3.6.1.3.    Growing risk of insider attacks in Europe

3.6.1.4.    Lack of trained security professionals drive behavior analytics demand in Asia Pacific

3.6.1.5.    Growing number of smartphone users in Asia Pacific

3.6.2. Industry pitfalls & challenges

3.6.2.1.    Lack of awareness about advanced cyber attacks

3.7.  Growth potential analysis

3.8.  Porter’s analysis

3.9.  PESTEL analysis

3.10.        Competitive landscape, 2016

3.10.1.  Strategy dashboard

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Beacon Technology Market to grow at 80% CAGR from 2017 to 2024

The technology research report “Beacon Technology Market Size By Platform (iBeacon, Eddystone, AltBeacon), By Deployment Model (On-premise, Cloud), By Application (Retail, Travel, Tourism & Hospitality, Healthcare, Financial Institutions, Real-estate, Education), By Technology (BLE, Wi-Fi, Ultrasound, Combined Technologies), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Denmark, Poland, China, Japan, ANZ, South Korea, India, Singapore, Brazil, Mexico, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says Beacon Technology Market set to exceed USD 25 billion by 2024; driven by increasing penetration of mobile devices.

The beacon technology market growth is attributed to increasing penetration of smartphones around the world and need for location-based proximity marketing solutions to improve customer experience. Mobile devices have become an integral component of marketing and communication strategies of businesses to attract customers who use smartphones as the primary channel to conduct research and make purchase decisions.

The business owners are becoming aware of these customer preferences and thus, they are leveraging proximity-based beacon transmitters to enable real-time communication with the customers. Furthermore, proliferation of smart cities around the world is also favorably contributing to the growth of beacon technology market as beacons can facilitate highly connected urban infrastructures. However, factors such as data security concerns and networking and precision challenges can restrain the market growth during the forecast period.

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iBeacon is expected to account for over 50% market share by 2024 owing to large scale early adoption of the platform by key vendors to develop beacons. As Apple was the first company to introduce a beacon standard, iBeacon has received rapid adoption in the past five years since its inception in 2013. Google’s Eddystone is projected to exhibit high growth between 2017 and 2024 due to an extensive Android user-base and consistent upgradation of the platform by the company.

On-premise beacon technology market will account for considerable share by 2024 due to the availability of numerous vendors developing and commercializing beacons that can be locally deployed by businesses with ease and without much technical expertise or assistance. However, cloud deployment model is expected to witness accelerated growth during the timeline owing to rapid adoption of cloud computing technology, as it offers a cost-effective approach to store and manage huge volumes of customer data. With vendors such as Kontakt.io and Cisco offering cloud-based beacon solutions to their customers, the adoption of this model is likely to increase consistently over the forecast period.

The retail sector is expected to gain a major share of the beacon technology market by 2024 accounting to over 55%. This dominance can be attributed to rapid adoption of the technology by retailers to strengthen their marketing strategies by incorporating proximity marketing using beacon transmitters. Beacons have proved to be effective in increasing revisits and enabling impulse purchases while enabling an omnichannel shopping experience. This is expected to fuel the further adoption of the technology by the retail industry over the timeline. On the other hand, the healthcare sector is expected to witness high growth between 2017 and 2024 as the technology offers to improve the hospital management functions by facilitating better patient and staff monitoring.

BLE holds a major beacon technology market share in 2016 and is expected to dominate the market throughout the timeline as it is a low-cost wireless technology alternative to Wi-Fi, NFC and GPS technologies for location-based services. As BLE-enabled devices consume considerably less power compared to those running on these technologies, customers tend to prefer such devices to increase the productivity of their location-based marketing functions. These factors result in a relatively low cost for manufacturing and deploying BLE beacons compared to setting up Wi-Fi networks. Hence, BLE has been the most preferred choice for operating beacons.

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North America beacon technology market growth can be credited to the large-scale adoption of the technology by retailers in the U.S. along with extensive penetration and of mobile devices. These retailers are using beacons to provide customers with flash sales, product information, customized deals and other offers to motivate them to make purchase decisions. With a growing e-commerce ecosystem in the region, especially in the U.S., retailers are leveraging this modern technology to offer a personalized, digital and rich content-driven shopping experience to the customers in their stores.

The players operating in the beacon technology market include platform providers, beacon technology providers, and hardware providers. Apple and Google are the key providers of beacon platforms whereas companies such as Estimote, Kontakt.io, and Gimbal are aggressively trying to acquire a larger share of the beacon technology market by developing innovative beacons.The competition in the market is characterized by new product development and innovation strategies leading to the emergence of several new players producing beacons with enhanced performance capabilities.

Beacon technology market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2015 to 2024, for the following segments:

Beacon Technology Market, By Platform

  • iBeacon
  • Eddystone
  • AltBeacon

Beacon Technology Market, By Deployment Model

  • On-premise
  • Cloud

Beacon Technology Market, By Application

  • Retail
  • Travel, Tourism and Hospitality
  • Healthcare
  • Financial Institutions
  • Real-estate
  • Education

Beacon Technology Market, By Technology

  • BLE
  • Wi-Fi
  • Ultrasound
  • Combined Technologies

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Denmark
    • Poland
  • APAC
    • China
    • Japan
    • ANZ
    • South Korea
    • India
    • Singapore
  • LAMEA
    • Brazil
    • Mexico
    • GCC
    • South Africa

Browse key industry insights spread across 220 pages with 334 market data tables & 14 figures & charts from the report, “Beacon Technology Market” in detail along with the table of contents:

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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Fog Computing Market to grow at 65% CAGR from 2017 to 2024

The technology research report “Fog Computing Market Size By Component (Hardware [Controllers, Gateways, Routers & Switches, Sensors], Software, Services [Professional Services, Managed Services]), By Deployment Model (Fog as a Product (FaaP), Fog as a Service (FaaS)), By Application (Automotive, Energy & Utility, Healthcare, IT & Telecom, Manufacturing, Retail, Smart Infrastructure, Transportation), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, MEA), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says Fog Computing Market is set to exceed USD 700 million by 2024; driven by enhanced data security & real-time operation by fog computing.

Increasing penetration of cloud computing platforms is fostering the fog computing market growth. Over the past decade, cloud computing has emerged as a driving force in the IT ecosystem. It is estimated that approximately 80% of the enterprises are utilizing the capabilities of the cloud computing platform in their business and the number is further anticipated to increase in the future. As cloud computing platforms offers computing, storage, and networking services across all the business sectors, it frees the customer and enterprises from the specifications of various details, which may result issues in latency sensitive applications in sector such as healthcare, energy & utility. These inherent challenges of cloud computing are forecast to positively impact the market adoption.

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Fog computing solutions offer several benefits to the business, as they extend the cloud near the edge devices that generate and act on data. The model increases the business agility as it offers rapid innovation and affordable scaling options. It is cost effective and comparatively faster than cloud computing platforms. Furthermore, it provides better security, deeper insights, and privacy control. It also reduces the operating expenses by conserving the network bandwidth and locally processing the data rather than forwarding to the cloud platform.

The growth of the fog computing market is attributed to the paradigm shift in the U.S. healthcare reimbursement systems from fee-for-service model to the outcome-based reimbursement model. This will encourage healthcare organizations to adopt IoT devices to reduce power consumption, improve operational efficiency, reduce cost, and enhance overall performance of business. Furthermore, healthcare applications are latency sensitive and requires real-time analysis, any delay in transmitting data leads to serious consequences. Since fog computing enables the analysis of data at the edge of devices, its adoption among healthcare organization is further estimated to increase.

The manufacturing sector is also one of the major end-users of the fog computing market solutions and holds huge potential for the industry revenue. The growth can be credited to the increasing demand for process automation in the manufacturing sector to gain an edge over competitors. Furthermore, fog computing solutions enhance the operational efficiency by providing actionable insights and real-time monitoring of the operations, which is estimated to increase the adoption among manufacturing plants.

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Asia Pacific fog computing market is estimated to be the fastest growing region owing to the increasing adoption of the cloud computing platform in countries such as India and China. Furthermore, rapidly developing smart infrastructure such as smart cities and government initiatives in the developing countries are also estimated to have significant impact on the growth of the industry. For instance, Indian government’s smart city development initiative, Digital India program and Make in India campaign is estimated to fuel the development of smart infrastructure, therefore increasing the demand for streaming data from cloud computing platform.

Some of the key companies in the fog computing industry are ADLINK, AppFog, ARM, AT&T, Cisco, Cradlepoint, Dell, Foghorn, GE Digital, IBM, Intel, Nebbiolo, Microsoft, and VIMOC. Collaboration and product launch has become one of the strategies used by the market players to increase the product portfolio and gain technical expertise. For instance, in 2015, Dell introduces its new Edge Gateway to provide fog computing solutions for industrial applications and building automation.

Global fog computing market research report includes in-depth coverage of the industry with estimates & forecast in terms of USD from 2015 to 2024, for the following segments:

By Component

  • Hardware
    • Controllers
    • Gateways
    • Routers & Switches
    • Sensors
  • Software
  • Services
    • Professional Services
    • Managed Services

By Deployment Model

  • Fog as a product
  • Fog as a service

By Application

  • Automotive
  • Energy & Utility
  • Healthcare
  • IT & Telecom
  • Manufacturing
  • Retail
  • Smart Infrastructure
  • Transportation
  • Others

The above information has been provided on a regional basis for the following:

  • Americas
    • U.S.
    • Canada
    • Brazil
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • MEA

Browse key industry insights spread across 350 pages with 757 market data tables & 64 figures & charts from the report, “Fog Computing Market” in detail along with the table of contents:

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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Precision Farming Market to grow at 14% CAGR from 2017 to 2024

The technology research report “Precision Farming Market Size By Component (Hardware [Automated Steering System, Drones, UAVs & Camera, Mobile Device, Global Positioning System (GPS) & Global Navigation Satellite System (GNSS)], Software, Services [Consulting & Training, Maintenance & Updates, Managed Services, Integration]), By Technology (High Precision Positioning System, Geomapping, Remote Sensing, Integrated Electronic Communication, Variable Rate Technology (VRT)), By Application (Weather Monitoring, Yield Monitoring, Field Monitoring, Irrigation Management, Waste Management, Financial Management), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Spain, Netherlands, Turkey, Poland, Russia, Australia & New Zealand, China, India, Japan, South Korea, South East Asia, Brazil, Mexico, Argentina, Colombia, Peru, South Africa, Saudi Arabia, Egypt), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says Precision Farming Market set to exceed USD 10 billion by 2024; driven by rising demand for food due to rapidly increasing population.

The precision farming market growth is attributed to growing emphasis on improving agricultural productivity owing to rapidly increasing population around the world. Farmers in developed countries are rapidly adopting modern agricultural practices and equipment to boost their yield productivity and reduce agricultural losses. Also, increasing popularity of cloud-based farm management systems to manage precision agriculture activities at scale is also largely contributing to the market growth. Moreover, initiatives to modernize GPS infrastructure to enhance its location and positioning capabilities will also boost the precision agriculture market growth over the forecast period.

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The hardware segment is expected to hold a majority share of the precision farming market by 2024 owing to large scale installation of different precision farming devices such as sensors, GNSS antennas & receivers, and increasing adoption of mobile devices for running precision farming apps. Moreover, growing popularity of drones for aerial observations and field mapping applications is also expected to drive the hardware market growth between 2017 and 2024.

The sensors segment is projected to dominate the hardware market with over 19% of the hardware share in hardware by 2024 due to increasing utility of different types of sensors for facilitating remote sensing applications in precision farming market systems. As farm management systems are being increasingly integrated with various sensor-based systems such as aerial sensors, ground-based sensors and satellite sensors to collect information regarding critical agricultural parameters, the adoption of sensors is expected to exhibit positive growth during the forecast period.

The managed services market will exhibit exponential growth between 2017 and 2024 due to growing popularity of cloud computing technology. As the technology allows highly scalable deployment and management of precision farming systems over cloud networks, growers are expected to rapidly adopt these services in order to increase the efficiency of their precision farming operations.

The high precision positioning system market is projected to hold a significant share of the precision agriculture market between 2017 and 2024 as GPS systems serve as the backbone for these operations. Due to the effective capabilities to collect accurate location and positioning information, the technology facilitates timely management of precision farming functions for enhancing overall yield productivity. On the other hand, remote sensing applications will witness accelerated adoption over the forecast period due to consistent technological advancements in sensor technology and new product development initiatives by the market players.

Weather monitoring applications will dominate the precision farming market during the forecast timeline as they provide key information related to important weather parameters such as moisture levels, relative humidity levels, rainfall and wind directions. Unlike other industries, farm production is most affected by weather conditions and hence, the adoption of these solutions for effective weather monitoring will witness consistent growth over the forecast period.

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The Asia Pacific precision agriculture market is projected to exhibit fastest growth between 2017 and 2024 due to favorable initiatives being undertaken in countries such as India, China, and Japan to improve sustainable agricultural productivity, and food security. To support the increasing population in the sub-continent, advanced technologies are being increasingly explored and implemented for improving farm productivity and optimizing resource costs. Also, favorable government initiatives are largely contributing to the growing adoption of digital farming market practices in the region.

The companies operating in the precision farming market are emphasizing on extending their product capabilities and expanding their regional presence through strategic acquisitions. For instance, in May 2017, Trimble acquired Müller-Elektronik, a Germany based privately held company that specializes in precision farming solutions. The acquisition was intended to further strengthen Trimble’s extensive portfolio of digital farming market solutions. Some of the key players in the collaboration software market are Topcon Positioning Systems, Inc., Raven Industries, Boumatic LLC., Precision Planting, Inc., Delaval Corporation, GEA Group AG, DICKEY-john Corporation, Farmers Edge, Inc., CropMetrics LLC, Trimble Navigation Limited, AgSmarts Inc, AgSense LLC, AGCO Corporation, Agribotix, LLC, Monsanto Company and CropX Inc.

Precision farming market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2014 to 2024, for the following segments:

Precision Farming Market, By Component

  • Hardware
    • Sensors
    • Automated steering systems
    • Drones, UAV, and cameras
    • Mobile devices
    • GPS and GNSS
  • Software
  • Service
    • Consulting and training
    • Maintenance and updates
    • Managed services
    • Integration services

Precision Farming Market, By Technology

  • High precision positioning systems (GNSS and GPS)
  • Geomapping
  • Remote sensing
  • Integrated electronic communication
  • VRT

Precision Farming Market, By Application

  • Weather monitoring
  • Yield monitoring
  • Field mapping
  • Irrigation management
  • Waste management

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Netherlands
    • Turkey
    • Poland
    • Russia
  • APAC
    • China
    • Japan
    • ANZ
    • South Korea
    • India
    • South East Asia
  • LAMEA
    • Brazil
    • Mexico
    • Argentina
    • Colombia
    • Peru
    • South Africa
    • Saudi Arabia
    • Egypt

Browse key industry insights spread across 400 pages with 192 market data tables & 29  figures & charts from the report, “Precision Farming Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/precision-farming-market

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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Global Robotic Process Automation Market to grow at 20% CAGR from 2017 to 2024

The technology research report Robotic Process Automation (RPA) Market Size By Tools (Model-Based Application Tools, Process-Based Application Tools), By Operation (Rules-Based, Knowledge-Based), By Service (Training, Professional), By Solution (Automated, Decision & Management Support, Interaction), By Organization Size (Large Enterprises, SMBs), By Application (BFSI, Healthcare, Retail, IT & Telecom, Manufacturing, Transportation), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, Australia, Singapore, Malaysia, Brazil, Mexico, UAE, Saudi Arabia, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024”, by Global Market Insights, Inc. says Robotic Process Automation (RPA) Market set to exceed USD 5 billion by 2024, driven by rising demand across manufacturing and logistics industry.

Robotic process automation (RPA) market has been gaining remarkable popularity lately, subject to the fact that automation has become important component in various enterprises across the globe. It has been observed that many companies have been adopting RPA technology with an aim to reduce the capital cost of the products and modernize business operations. The rapidly increasing use of this technology in various sectors is a vital factor that is expected to stimulate robotic process automation industry share. More importantly, this technology is increasingly being deployed in the medical and oil & gas sectors, which are touted to be two of the most dynamic markets of today. Companies have lately been following practices such as centralized business plan, training, and periodic product developments, that depicts their apparent urgency to deploy consistent automation in their business methodologies. This change of tactics is likely to have a positive impetus on robotic process automation (RPA) market, which, as per reports, collected a revenue of USD 600 million in 2016.

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Reputed firms such as Xerox Corporation and IBM have implemented the RPA technology for a while now, to reduce costs and improve productivity. Apart from industrial applications, RPA is being favored by hospitals to quite an extent, to handle medication distribution, which will favorably propel RPA industry size. An instance proving the aforementioned statement to be true is that of the RAH implementing the largest automated pharmacy distribution system. The Royal Adelaide Hospital, based in South Australia, has recently implemented one of the largest automated pharmacy distribution systems, that boasts of the incorporation of RPA technology. Considering the benefits of this technology, many other hospitals across the Australian southern hemisphere have also been deploying this technology on large scale, which is likely to have a favorable impact on the regional robotic process automation market size.

The emergence of digital technologies such as artificial intelligence (AI), natural language processing (NLP), and machine learning have also apparently been adding significant value to robotic process automation industry. Recently, HCL Technologies, one of the big names in the software space, launched two AI powered services, namely, DRYiCE TAO and DRYiCE COPA to provide strategic consulting services and a process transformation platform to enterprises. Through the DRYiCE COPA, HCL has paved the way for delivering next-generation products to consumers by envisaging a difference in the conventional role of robotic process automation. Many such enterprises have been looking out for AI-based products to rebuild their systems, which is slated to boost robotic process automation (RPA) market share over the years ahead.

As per an RPA market report compiled by Global Market Insights, Inc., huge corporations have been incorporating RPA technology on a large scale to provide excellent management capabilities and optimize the business process. Software based robotic process automation is used for the various purposes such as information auditing and analyzing and business process monitoring. The surging demand for such products from a multitude of organizations to modernize business processes for handling customer queries is likely to fuel robotic process automation (RPA) market over the coming seven years.

Latin America: The new hotbed for RPA industry stakeholders

The industrial space in Latin America has of late been experiencing a dynamic transformation owing to the deployment of robotic process automation, subject to which several top-notch enterprises and service centers are expanding their business space across the region. Recently, Symphony ventures, a well-known company specializing in robotic process automation and intelligent automation, decided to expand its service centers across Latin America to fulfil the growing demand for its products in the region. If reports are to be believed, Symphony Ventures has witnessed a huge requirement for its automation services across Latin America, owing to the increasing utilization of the technology across Brazil, Argentina, Chile, Mexico, Columbia, Peru, and Guatemala, which will considerably stimulate LATAM robotic process automation (RPA) industry size over the coming seven years.

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Another major factor that may generate lucrative opportunities for companies in robotic process automation market is that numerous clients from the telecom, banking, chemical, food processing, agriculture, and manufacturing sectors have been earnestly seeking RPA services. The deployment of RPA technology helps to improve operational functionality by enhancing the accuracy of work quality, and speed, which may spur RPA industry ahead. Speaking of companies, the competitive spectrum of RPA market includes biggies such as Automation Anywhere, Nice Systems Ltd., Blue Prism, Xerox Corporation, Ipsoft, Uipath, Celaton Ltd, Verint Systems, Pegasystems, and Redwood Software, that have been adopting growth strategies such as M&As to increase their customer base across the globe.

The wave of automation is likely to transform the service sector over the years ahead. Autonomous machines make work much easier as they have the capability to carry out remote operations that do not take friendly to human intervention –  laying underwater cables, monitoring wear and tear of aircraft engines and drill tips, etc. In the future, it is expected that airports will be planning to undergo extensive refurbishment with the help of RPA technology. The growing automation implementation across airports for face scanning, check-in, robot baggage collection, apart from myriad other application arenas, is slated to influence robotic process automation (RPA) market share positively over the forthcoming years.

Report Content

Chapter 3    RPA Industry Insights

3.1  Industry segmentation

3.2  Industry landscape, 2013 – 2024

3.3  Industry ecosystem analysis

3.3.1    Vendor matrix

3.4  Technological & innovation landscape

3.4.1    RPA roadmap

3.4.2    Impact of artificial intelligence

3.4.3    U.S.

3.4.4    EU

3.4.5    China

3.5  Industry impact forces

3.5.1    Growth drivers

3.5.1.1  High demand to reduce operational cost across business in the U.S.

3.5.1.2  Emerging demand for RPA across the service sector in Asia Pacific

3.5.1.3  Rising demand across manufacturing and logistics industry in Europe

3.5.1.4  Flourishing IT & support industry in Brazil

3.5.2    Industry pitfalls & challenges

3.5.2.1  Lack of standardization

3.5.2.2  High cost associated with the technology

3.6  Growth potential analysis

3.6.1    Business model

3.7  Porter’s analysis

3.7.1    Threat of new entrants

3.7.2    Buyer’s power

3.7.3    Threat of substitutes

3.7.4    Threat of suppliers

3.7.5    Industry rivalry

3.8  Competitive landscape, 2016

3.8.1    Strategy dashboard

3.8.2    Investment landscape

3.9  PESTEL analysis

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This latest Robotic Process Automation Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Robotic Process Automation industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

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  • Global Robotic Process Automation Market size & forecast by product & application.
  • Growth drivers, pitfalls & industry challenges.
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  • Competitive benchmarking with market share analysis and company profiles.

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Pattern Solar PV Glass Market share to grow gain over 6% by 2024

The technology research report Solar PV Glass Market Size By Technology (Float, Pattern), By Product (Annealed, Tempered / Toughened), End Use (Crystalline Silicon Module, Amorphous Silicon / CdTe Module, Thin-Film CIS / CIGS Module), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, UK, France, Netherland, Italy, Germany, Sweden, Russia, Spain, Austria, China, Australia, India, Japan, South Korea, Israel, Saudi Arabia, UAE, Jordan, South Africa, Egypt, Algeria, Nigeria, Brazil, Chile), Price Trends, Competitive Market Share & Forecast, 2017 – 2024”, by Global Market Insights, Inc. says Solar PV Glass Market set to exceed USD 3 billion by 2024, driven by growing demand for clean fuel energy.

The globe is treading toward the path of sustainable energy pertaining to the depletion of fossil fuel sources, which will stimulate solar PV glass market. Of late, the pollution levels across the globe are on a rapid incline, owing to surging usage of fossil fuels that release hazardous gases after the combustion process. The governments of various nations have been implementing stringent norms to reduce the usage of fossil fuels and control the pollution levels, which will favorably influence solar PV glass industry size. Besides, the government is promoting the usage of renewable energy sources by providing considerable financial support in terms of subsidies. According to Global Market Insights, Inc., “Worldwide Solar PV glass market will generate a revenue collection of more than USD 3 billion by 2024.”

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Most of the countries have been investing heavily in technological developments for harnessing solar energy to develop solar powered panels and other appliances. China is one of the leading countries that has taken an initiative toward manufacturing cost-effective and efficient solar panels. As per statistics, China solar PV glass market covered more than 50% of the regional share in 2016 and will collect notable revenue over the years ahead. China holds the top position in the export, consumption, and production of photovoltaic system. In addition, the Chinese government has decided to implement photovoltaic technology over the years ahead to increase the dependency on renewable energy sources, which will impel solar PV glass market.

The float technology is extensively used in thin film photovoltaic modules, pertaining to the key properties such as high flatness, low reflectance, and high light transmittance. Float-based solar PV glass industry will collect considerable revenue over the coming timeframe, owing to the surging adoption of this technology subject to its noteworthy features such as uniform thickness, cost effectiveness, and ease of manufacturing process. This technology is particularly used in architectural applications.

Thin-film CIS covered more than 9% of solar PV glass market in 2016 and will generate significant revenue over the coming seven years. To improve the efficiency of the solar powered systems, market players are reducing the panel dimension, which will subsequently fuel the segment growth. The noteworthy players in solar PV glass market are Nippon Energy, Xinyi Glass, Guardian Industries, Borosil, Euro Multivision India, Saint Gobain, Guangdong Golden, Sunarc Technology, Flat Glass Group Co., Ltd., and Hecker Glastechnik GmbH & Co. KG.

To expand the business space, market players are adopting easy and cost-effective ways to manufacture the product. Annealed solar PV glass market will exhibit considerable growth over the coming years, owing to the easy availability, cost competitiveness, and simple manufacturing process. In 2016, annealed product segment covered more than 300-million-meter square area.

In Latin America, Chile solar PV glass market is slated to record an annual growth rate of more than 10% over the period of 2016 to 2024. This country is investing heavily in the development and installation of photovoltaic systems. For instance, recently, Enel Green Power Chile Ltd invested about USD 270 million to install a project of capacity 160 MW.

CIGS and crystalline photovoltaic modules uses pattern technology extensively owing to the non-smooth surface. Pattern technology segment of solar PV glass market will register a CAGR of more than 6% over the coming years. Implementation of this technology offers better aesthetic, easy lamination, non-blinding effect, and desired transparency modules.

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U.S. solar PV glass industry occupied more than 90 million square meters in terms of area and is predicted to grow significantly, accounting for an increased number of installations over the years ahead. The growth can be attributed to the escalating deployment of strict governmental norms to adopt sustainable energy. In addition, the Department of Energy Research and Innovation has taken initiations to enhance traditional laboratories under the Act of H.R.589, which will stimulate solar PV glass industry share notably. The increasing requirement of PV solar systems across the residential sector will fuel the demand for tempered solar PV glass market, slated to record an annual growth rate of more than 7% over the period of 2017 to 2024. Besides, tempered products have notable thermal stress resistance capability and superior mechanical strength, which will fuel the market growth.

The notable giants in solar PV glass market are looking forward to increasing the annual manufacturing capacity to garner profits. Strategies such as product differentiation and novel product development will create lucrative avenues for the market players. Top competitors are also focusing on strategic joint ventures and partnerships to expand their global presence.

Report Content

Chapter 1.    Methodology and Scope

1.1.    Methodology

1.1.1.   Initial data exploration

1.1.2.   Statistical model and forecast

1.1.3.   Industry insights and validation

1.1.4.   Market definitions and forecast parameters

1.2. Data sources

1.2.1.   Primary

1.2.2.   Secondary

Chapter 2.    Executive Summary

2.1.    Solar PV glass industry 3600 synopsis, 2013 – 2024

2.1.1.   Business trends

2.1.2.   Technology trends

2.1.3.   Product trends

2.1.4.   End use trends

2.1.5.   Regional trends

Chapter 3.  Solar PV Glass Industry Insights

3.1.  Industry segmentation

3.2.  Industry landscape, 2013 – 2024

3.3.  Industry ecosystem analysis

3.3.1.   Vendor matrix

3.3.2.   Distribution channel

3.4. Innovation & sustainability

3.5. Price trend analysis

3.6. U.S. PV module imports by country, 2015

3.7. Solar PV cost structure analysis

3.8. Solar PV installed capacity trends and forecast

3.9. Regulatory landscape

3.9.1.   U.S.

3.9.2.   UK

3.9.3.   France

3.9.4.   Germany

3.9.5.   China

3.9.6.   India

3.9.7.   Australia

3.10.   Industry impact forces

3.10.1. Growth drivers

3.10.1.1.    Growing demand for clean fuel energy

3.10.1.2.    Favorable government incentives

3.10.1.3.    Growing solar PV installation

3.10.2. Industry pitfalls & challenges

3.10.2.1.    Lower operational efficiencies of PV modules

3.11.    Growth potential analysis

3.12.    Porter’s analysis

3.13.    Competitive Landscape, 2016

3.13.1. Strategy dashboard

3.14.     PESTEL analysis

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This latest Solar PV Glass Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Solar PV Glass industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

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  • Growth drivers, pitfalls & industry challenges.
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Global Hydropower Market to grow at gain 2% by 2024

The technology research report Hydropower Market Size, By Capacity (Micro And Pico Hydropower, Mini Hydropower, Small Hydropower, Large Hydropower), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, France, Italy, Spain, Austria, Germany, China, India, Philippines, Japan, Vietnam, Nigeria, Kenya, Brazil, Peru, Ecuador), Price Trends, Competitive Market Share & Forecast, 2017 – 2024”, by Global Market Insights, Inc. says Hydropower Market set to exceed 1,300 GW by 2024, driven by growing demand for electricity.

Hydropower Market is driven by a relatively long shelf life, reliability, large-scale power rollout, and reduced operational and maintenance costs. Manufacturing electricity aided by the conversion of kinetic energy into electric current has been one of very old techniques of power generation. Of late, hydropower industry has gained renewed traction pertaining to the strict regulations laid down by the government as regards to energy conservation. In addition, the necessity to provide electricity to rural areas, high global demand for uninterrupted power supply, and the requirement of water for irrigation, navigation, flood control, recreation, and drinking water supply will augment the growth of hydropower market, slated to cross 1,300 GW by 2024, with a CAGR estimation of 2% over 2017-2024.

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The United States, being one of the most developed economies of the modern world, has always been one of the key pioneers partaking in the commercialization of hydropower industry. The existence of the Grand Coulee hydropower project bears evidence to this statement. This facility was constructed in three phases and is one of the largest hydroelectric power stations in the world. Operated by the U.S. Bureau of Reclamation, this facility, located on River Colombia in the state of Washington, has an annual generating capacity of more than 24 TWh. This plant accounts for a sizable proportion of the country’s power supply and consumption and thereby, contributes toward the growth of U.S. hydropower market. The third phase of the facility is expected to be completed in 2018.

The U.S. held more than 50% of North America hydropower industry share in 2016 and is expected to grow massively over the coming years. The region is a treasure house of untapped reserves, which will propel the business trends. In addition, the government has been implementing stringent measures to curb GHG emissions and supply clean, uninterrupted power, which will stimulate hydropower market. The companies in the U.S. as well as the regulatory bodies have been making substantial investments toward the adoption of sustainable energy, which will lead U.S. hydropower industry to grow at a CAGR of 2% over 2017-2024.

Large capacity products held more than 80% of global hydropower industry share in 2016 and are expected to grow remarkably over the next few years. This growth can be credited to the rising demand for uninterrupted electricity supply. In addition, these products will be installed at the upgraded hydropower facilities, which will further propel the business expansion. The upgradation of existing facilities will be a major factor driving large hydropower market over the coming years. For instance, Agder Energi, in 2013, awarded a deal worth USD 24.4 million to Alstom for upgrading the Iveland II hydroelectric plant. This facility, based in Norway, has a generating capacity of around 150 GWh and is forecast to contribute significantly toward the growth of Norway hydropower industry.

A favorable regulatory landscape is a key factor propelling the growth of large hydropower market. Institutions such as the World Bank, Aquila Capital, and the Climate Aligned Bonds Initiative are renowned to contribute massively toward the growth of hydropower industry by means of heavy investments and other initiatives. In 2015, for example, the Climate Aligned Bonds Initiative allotted labeled green bonds worth USD 41.8 billion, to increase the share of electricity supply from hydroelectric stations.

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Small Hydropower Market is also slated to establish its footprints globally. This segment is likely to be augmented by the low costs of civil construction and the rising measures to eliminate carbon and GHG emissions. In fact, in 2015, the Small-Scale Hydro Power Program had been launched by the Economic Community of West African States to achieve a share of 33% from hydropower toward the overall energy supply, which will subsequently propel small hydropower industry share.

The contribution of regulatory bodies toward the growth of hydropower market is indeed commendable. Recently, in April 2017, the EIA (Energy Information Administration) had scrutinized that the CUF (capacity utilization factor) for hydroelectricity was more than 60%, while the CUF for solar PV electricity was only 25%. This factor is expected to propel hydropower industry over the coming seven years. In addition, the governments across various geographies have been taking appreciable efforts to condemn the wastage of energy and encourage the adoption of renewable energy sources. A number of reliable statistics bear testimony to this fact. For instance, the United Nations Framework Convention on Climate Change (UNFCCC) and the Canada West Foundation had inked a deal to jointly reduce the GHG emissions. Besides, in October 2014, the U.S. Federal Government had made an investment of more than USD 3.5 million to promote the manufacturing of electricity from hydropower, under the Section 242 of the Energy Policy Act. Such initiatives are expected to massively impel the growth of global hydropower market over the coming seven years.

Report Content

Chapter 1    Methodology & Scope

1.1    Methodology

1.1.1    Initial data exploration

1.1.2    Statistical model and forecast

1.1.3    Industry insights and validation

1.1.4    Market definition & forecast parameters

1.2    Data Sources

1.2.1.    Primary

1.2.2.    Secondary

Chapter 2    Executive Summary

2.1    Hydropower industry 3600 synopsis, 2014- 2024

2.1.1    Business trends

2.1.2    Capacity trends

2.1.3    Regional trends

Chapter 3    Hydropower Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2014 – 2024

3.3    Industry ecosystem

3.3.1    Vendor matrix

3.4    Innovation & sustainability landscape

3.5    Capital cost structure

3.6    Regulatory landscape

3.6.1    U.S.

3.6.2    Europe

3.6.3    China

3.6.4    India

3.6.5    Philippines

3.6.7    Vietnam

3.7    Industry impact forces

3.7.1    Growth drivers

3.7.1.1   Positive outlook towards renewable energy

3.7.1.2   Growing demand for electricity

3.7.1.3   Favorable government initiatives

3.7.2    Industry pitfalls & challenges

3.7.2.1   High initial investment for large hydropower

3.8    Growth potential analysis

3.9    Porter’s analysis

3.10 Competitive landscape, 2016

3.10.1    Strategy dashboard

3.10.2    Merger & acquisition landscape

3.11   PESTEL analysis

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This latest Hydropower Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Hydropower industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

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  • Global Hydropower Market size & forecast by product & application.
  • Growth drivers, pitfalls & industry challenges.
  • Key Hydropower Market growth opportunities & emerging business models.
  • Competitive benchmarking with market share analysis and company profiles.

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Geofencing Market to reach $1.7bn by 2024

The technology research report “Geofencing Market Size By Type (Fixed, Mobile), By Component (Product [Asset Monitoring and Management, Fleet Management, Workforce Management, Promotion & Advertising, Competitor Tracking Solutions, Drone Management Solutions], Service [API Management, Managed Services, Consulting, Training and Maintenance Services]), By Technology (GPS, RFID, Wi-Fi, Cellular Network), By Application (Transportation & Logistics, Retail, Automotive, BFSI, Public Sector, Hospitality, Media & Entertainment), By Deployment Model (On-premise, Cloud), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Netherlands, China, Japan, Australia & New Zealand (ANZ), South Korea, India, Singapore, Malaysia, Brazil, Mexico, Argentina, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says Geofencing Market set to exceed USD 1.7 billion by 2024; driven by growing penetration of mobile devices.

The geofencing market growth is attributed to the popularity of mobility trend leading to extensive proliferation of mobile devices such as smartphones and tablets, along with rising demand for proximity marketing solutions. The utility of mobile devices is widening as they are consolidating their role as central medium to reach an ever-expanding portfolio of applications and services. GPS-based location services are provided as a default feature in most of these mobile devices. Marketers are leveraging such capabilities of these devices to determine the location of their existing and prospective customers to offer real-time marketing messages to them.

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With the growing popularity of AR and beacon technologies, geofencing is being integrated with them to effectively improve proximity marketing campaigns. These technologies are also being leveraged to improve gaming experience of gamers by integrating location-based capabilities with app-based games for mobile devices. Also, modernization efforts to improve the capability and performance of existing GPS infrastructure are also expected to boost the adoption of geofencing solutions over the forecast timeline.

Mobile geofencing market is expected to exhibit promising growth over the forecasted timeline as it can vary the boundaries of the perimeter based on a situation determined by a combination of data streams. Such solutions can automatically define areas based on population density and personalize ads. Hence, message relevancy can be highly enhanced and engagement can be driven to specific business locations.

The product market held a significant geofencing market share of over 80% in 2016 owing to extensive deployment of geofencing systems by enterprises operating in retail, logistics, and automotive sectors. Within the product market, promotion and advertising solutions will exhibit fastest growth between 2017 and 2024 as businesses are increasingly realizing the potential of the technology to improve location-based marketing efforts and in turn, enhance their promotion and marketing ROI.

Service market will gain significant momentum over the forecasted timeline owing to the huge demand for specialized services to operate, maintain and manage the geofencing infrastructure deployed at the customers’ end. Managed services segment will exhibit lucrative growth with the highest CAGR over 35% during the forecast period. This geofencing market growth can be attributed to the growing adoption of cloud computing for deploying geofencing applications.

GPS market will witness positive growth over the timeline owing to considerable ongoing advancement in the technology through replacement of the legacy ground-based systems and GPS satellites with newer ones. With large scale adoption of GPS tracking systems for fleet management applications in the logistics industry, the geofencing market size is expected to steadily increase between 2017 and 2024.

The transportation and logistics segment held a major share of the geofencing market in 2016 due to the excellent utility of geofencing systems in effortlessly managing large vehicle fleets in diverse geographic regions. With better accuracy, operational efficiency and supply chain visibility, logistics companies can hugely benefit from the technology to facilitate last-mile delivery. The retail market will demonstrate fastest growth during the forecast period owing to rapid adoption of geofencing systems by retailers to strengthen their location-based proximity marketing activities. As the technology allows them to track their competitors and devise effective promotional campaigns in response, retailers are deploying event-specific geofences for effective customer retention as well as acquisition.

Cloud-based geofencing solutions will experience significant adoption over the forecasted timeline due to rapidly growing popularity of cloud computing. As cloud-based applications offer enhanced flexibility and scalability to deploy geofencing application, cloud geofencing market will exhibit fastest growth between 2017 and 2024.

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North America will hold a majority share in the geofencing market by 2024 due to the presence of robust communication and internet infrastructure in the region. As the U.S. government is heavily investing in the GPS modernization project, the performance of satellite-based communication and location systems in the region is expected to improve significantly over the forecasted timeline. The APAC region will grow the fastest due to increase in the use of location analytics in countries such as India, Japan, China, and ANZ.

The key players operating in the geofencing market are PlotProjects, Apple, Thumbvista, Esri, Bluedot innovation, Swirl Networks, Embitel, Simplifi.fi, Mapcite, UpSnap, Google, Gimbal, Placecast, DreamOrbit, GeoMoby, Localytics, Pulsate, Radar Labs, and Urban Airship. These players are focusing on consistent product development and innovation. By enabling better connectivity, increased accuracy and seamless integration, they are emphasizing on extending their solutions to diverse industries such as public sector, hospitality and media and entertainment.

Geofencing market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue in USD million from 2015 to 2024, for the following segments:

Geofencing Market, By Type

  • Fixed
  • Mobile

Geofencing Market, By Component

  • Product
    • Asset Monitoring and management
    • Fleet management
    • Workforce management
    • Promotion and advertising
    • Competitor tracking
    • Drone management
  • Service
    • API management services
    • Managed services
    • Consulting, training and maintenance services

Geofencing Market, By Technology

  • GPS
  • RFID
  • Wi-Fi
  • Cellular Network

Geofencing Market, By Application

  • Transportation and logistics
  • Retail
  • Automotive
  • BFSI
  • Public sector
  • Hospitality
  • Media and entertainment

Geofencing Market, By Deployment Model

  • On-premise
  • Cloud

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
  • APAC
    • China
    • Japan
    • ANZ
    • South Korea
    • India
    • Singapore
    • Malaysia
  • LAMEA
    • Brazil
    • Mexico
    • Argentina
    • GCC
    • South Africa

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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SND Market to grow at 54% CAGR from 2017 to 2024

The technology research report “Software Defined Networking (SDN) Market Size By Component (Solutions [Physical Network Infrastructure, SDN Controller, SDN Applications], Services [Professional Services, Managed Services]), By End-Use (Enterprises, Cloud Service Provider, Telecom Service Provider), By Application (BFSI, Consumer Goods & Retail, Government & Defense, Healthcare, Manufacturing, IT Enabled Services), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Netherlands, Australia, China, India, Japan, South Korea, Brazil, Mexico, GCC, North Africa), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says Software Defined Networking (SDN) Market to exceed USD  88 billion by 2024; driven by growing adoption of cloud services and IT convergence.

SDN is an emerging network technology where the network control plane is isolated from the data plane and is directly programmable. It modifies the individual network devices into the accessible computing devices enabling the underlying infrastructure to be abstracted for network services and applications, which allow the network to be treated as a virtual entity. SDN enables the network to be a competitive differentiator for enterprises and carriers, not just an inevitable cost center. It offers several benefits, such as high bandwidth, capabilities to cope with the dynamic nature of the advanced application and reduction in operational & management complexity, that is augmenting its demand in the market.

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The increasing adoption of the cloud services and IT convergence is one of the primary factor that is driving the growth of the market. Over the past five years, a rapid surge in the adoption of cloud services has been witnessed. It is driven by its capabilities to provide enterprise wide array of resources they can utilize to scale, orchestrate, and support their operations. Cloud computing untethers the underlying infrastructure and applications, offering a level of dynamism that did not exist in traditional infrastructure. Furthermore, as the demand of cloud computing increases, it will increase the pressure on the network to cope with the flexibility, scalability and programmability of this virtualized model. This results in ample use-cases for SDN and will fuel the demand for SDN market solutions.

Besides, increasing adoption of the SDN solution among the telecom service provider is also fueling the market growth. The mobile traffic is increasing rapidly, and end-user needs are also evolving. This encourages telcos to pursue new network technologies to support the surge in the data traffic and connected nodes. To address these challenges of the traditional network infrastructure, SDN architecture is proposed. It can provide an efficient multi-tier network platform that decouples the data plane and network control and provides centralized control meeting the requirements of both evolving and future mobile networks.

Cloud service providers are one of the major end-users of the SDN market solutions. They are leveraging the capabilities of SDN to develop a cloud inter-network for increasing the scalability and flexibility of the cloud computing platforms. It provides a dynamic network infrastructure that can modify the traditional network into an excellent service delivery platform. Furthermore, SDN adoption in the cloud can enhance the security, network manageability, and dynamism in the data center, fueling the market growth.

The manufacturing industry is estimated to witness substantial growth during the forecast timeline. The growth of the market is attributed to the increasing digitalization in the manufacturing industry and need to improve operational efficiency and reduce capital expenditure. SDN increases the operational flexibility of the manufacturing industry by allowing them to accelerate the application deployment and reduce the organization’s IT cost by workflow automation. The approach also has the capability to reduce the capital expenditure by reducing the cost of switches, routers, and other hardware component. These are the major factors that are augmenting the demand for the SDN market among manufacturers.

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Asia Pacific SDN market is estimated to be the fastest growing region owing to the adoption of the cloud services. The investment by the telecom service providers in the region for enhancing the network infrastructure is also one of the primary factor driving the growth of the market. For instance, China’s telecom giants – China Unicom, China Mobile, and China Telecom are set to invest more than USD 180 billion by the year 2023 on 5G infrastructure, which is estimated to augment the growth of the market. In addition, improved internet penetration, mobile subscription and adoption of smartphones are also estimated to back the growth of the SDN market.

Some of the major vendors present in the SDN market are AT&T, IBM, HP, Cisco, Big Switch Network, Intel, Juniper, Huawei, Arista Network, NEC Corporation, Extreme Networks, Pluribus, Pics8 and Plexxi. Mergers & acquisitions are set to be the most common strategies used by the market players to improve their product portfolio, gain technical expertise, and acquire workforce. For instance, in 2015, Cisco acquired Embrane, a data center SDN solution provider, to strengthen its position in virtualization and SDN market.

Global SDN market research report includes in-depth coverage of the industry with estimates & forecast in terms of USD from 2013 to 2024, for the following segments:

Software Defined Networking Market, By Component

  • Solution
    • Physical Network Infrastructure
    • SDN Controller
    • SDN Application
  • Services
    • Professional Services
    • Managed Services

Software Defined Networking Market, By End-Use

  • Enterprises
  • Cloud Service Provider
  • Telecom Service Provider

Software Defined Networking Market, By Application

  • BFSI
  • Consumer Goods & Retail
  • Government & Defense
  • Healthcare
  • Manufacturing
  • IT Enabled Service
  • Others

The above information has been provided on a regional basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
  • Asia Pacific
    • Australia
    • China
    • India
    • Japan
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • GCC
    • North Africa

Browse key industry insights spread across 270 pages with 156 market data tables & 34 figures & charts from the report, “Software Defined Networking (SDN) Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/software-defined-networking-sdn-market

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Thin Film Battery Market demand from backup power to grow at 20% CAGR from 2016 to 2024

​The technology research report Thin Film Battery Market Size By Product (Chargeable, Disposable), By Application (Wearable Electronics, Medical Devices, Smart Cards, Consumer Products, Backup Power, RFID, Sensors), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Russia, China, India, Japan, South Korea, Saudi Arabia, Brazil, Mexico), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024”, by Global Market Insights, Inc. says Thin Film Battery Market will exceed USD 1.8 billion by 2024, driven by growing demand for portable and flexible electronic devices.

Thin film battery market is set to cross the billion-dollar benchmark by 2024, with a targeted industry valuation of USD 1.8 billion. Reportedly, the overall thin film battery industry share was worth USD 200 million in 2015. The huge growth that this business is anticipated to witness can be credited to its myriad applications across a wide range of sectors including medical devices, wearable electronics, consumer products, smart cards, sensors, and RFID. Banking and government institutes are the two major sectors witnessing a noticeable adoption of these batteries. The rising need for security to combat the fraud risks and the growing trend of miniaturization is further providing a significant impetus to the global thin film battery market.

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Driven by the security demands, smart cards have become one of the prominent revenue contributors to the global thin film battery industry share. In 2015, this application segment was worth USD 10 million and is expected to exhibit a remarkable surge over the coming years. As per the estimates, thin film battery market size from smart card application is expected to surpass USD 130 million by 2024. The growth can also be credited to the increasing adoption of smart cards across a wide range of sectors such as transportation, medical, IT, and BFSI.

Over the recent years, RFID thin film battery industry has also gained a prominent significance with its wide spectrum of applications in logistics, material management, and inventory control. Despite occupying a minor share of 7% of the overall market in 2015, the RFID applications are slated to witness commendable gains over the coming seven years.

The expanding wearable devices market is further influencing the overall thin film battery industry share. In 2015, the thin film battery market share from wearable devices application was worth USD 80 million. The rapidly growing trend of IoT is certain to create a pool of opportunities for this industry over the years ahead. In this regard, Asia Pacific is one of the prominent regions substantially contributing to the global share with a commendable adoption rate of wearable devices. In addition, the surging demand for battery-based vehicles and economic development of the region will further push the APAC growth.

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As per reliable estimates, approximately 95% of the credit cards would be deployed with EMV chip by 2018. This fact is poised to massively drive the U.S. thin film battery market share. Reportedly, the region registered a valuation of USD 70 million in 2015. European market will also witness lucrative gains over the coming years with U.K. and Germany driving the regional demand. The technological advancements pertaining to the medical devices will drive Europe thin film battery market share.

Industry participants are heavily investing in R&D activities to expand their product portfolio in terms of the technological advancements and the smart consumer demands. Key players in this market include Excellatron, ST Microelectronics, NEC Corporation, Jenax, Enfucell Oy, Imprint Energy, BrightVolt Inc, FlexEl, PowerId, Cymbet Corporation, and Thinfilm.

Report Content

Chapter 3 Thin Film Battery Industry Insights

3.1 Industry segmentation

3.2 Industry size and forecast, (USD Million), 2013-2024

3.3 Industry ecosystem analysis

3.4 Vendor matrix

3.5 Innovation & sustainability

3.6 Industry impact forces

3.6.1 Growth drivers

3.6.1.1 Growing demand for portable and flexible electronic devices

3.6.1.2 Increasing adoption of smart cards and RFID

3.6.1.3 Strict government norms towards security

3.6.1.4 Longer cycle life

3.6.1.5 Low self-discharge rate

3.6.2 Industry pitfall and challenges

3.6.2.1 High initial cost

3.7 Regulatory landscape

3.7.1 Europe

3.7.1.1 Battery Directive

3.7.1.2 Secondary European Legislation on Batteries:

3.7.2 UK

3.7.3 Germany

3.7.4 U.S.

3.7.5 China

3.7.5.1 China RoHS Directive

3.7.5.2 Taiwan RoHS Restricted Substances

3.7.6 Japan

3.7.6.1 International Battery Standards and Testing

3.8 Growth potential analysis

3.9 Competitive landscape

3.9.1 Strategy dashboard

3.9.2 Competitive application analysis

3.10 Porter’s analysis

3.11 PESTLE analysis

3.12 Analyst 360 -degree industry perspective

Browse key industry insights spread across 117 pages with 145 market data tables & 10 figures & charts from this report Thin Film Battery Market in detail along with the table of contents at:

https://www.fractovia.org/news/industry-research-report/thin-film-battery-market

This latest Thin Film Battery Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Thin Film Battery industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

Reasons to Buy This Report

  • Global Thin Film Battery Market size & forecast by product & application.
  • Growth drivers, pitfalls & industry challenges.
  • Key Thin Film Battery Market growth opportunities & emerging business models.
  • Competitive benchmarking with market share analysis and company profiles.

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