Geographic Information System Market trends research and projections for 2017-2024

Geographic Information System (GIS) Market size is expected to grow owing to rising urbanization and the development of smart cities. The integration of the geospatial technology is driven by the demand for the building surveillance in the smart cities which helps in maintaining the upkeep of the building by looking after the security or sanitation needs. In addition, it also helps in effective land management due to its ability to deliver valuable information associated with the land registration details, vacant land area, and mining activities.

The growing demand for location analytics will offer growth avenues for the GIS market. This is due to rising demand to obtain insights from location-based or geographic data by integrating the conventional data with the spatial data that helps in identifying and evaluating data as well as activities. Traditionally, the technology was utilized as a map-based system but now it is being utilized to offer a full system of insights to help the businesses obtain full awareness of their businesses, which will drive the GIS market. In addition, the demand for location analytics is growing among businesses owing to the growing need for improvised operational efficiency, better decision-making techniques. High initial cost associated with the implementation of the software along with lack of awareness about the advantage of using the technology in business is expected to limit the GIS market growth.

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Availability of real-time location data analysis coupled with the evolution of IoT, will offer significant growth opportunities to the GIS market. The constant technological advancements and the presence of large number of technology vendors provide growth impetus. The potential is anticipated to grow owing to increasing demand for mapping visualization and geographic intelligence involving general mapping and spatial analytical capabilities. In addition, features such as map filtering, bidirectional interaction, geoprocessing in spatial analysis whereas imagery, consumer data, other geographic information such as demographics, weather, environment are included in the geographic information enrichment.

Based on component, the industry is classified into hardware and software. The hardware component is expected to dominate the GIS market over the forecast timeline owing to the high demand for collectors which have the capability to collecting and mapping the information in construction, agriculture, and utilities. It delivers field data collection in both offline and online modes. Moreover, it provisions external GNSS/GPS receivers for improved spatial data collection.

Based on the end-use, the GIS market can be segmented into telecommunications, waste and water management, aerospace & defense, engineering & business services, transportation and oil & gas. The trend of rising government investment across homeland security, military, and aerospace sector is fueling the demand for advanced technologies resulting in high growth in GIS market across the globe. In addition, various vendors have also come up with technologically advanced products to cater the requirements of the governments in developing economies.

The Asia Pacific GIS market is expected to witness the highest growth owing to the rising penetration of GIS solutions in verticals such as government, utility and waste and water management. Increasing investments in the smart city projects which uses the surveying and mapping capabilities of the technology coupled with rising urbanization in countries such as China, India, Singapore, etc. will provide growth opportunities for the GIS market.

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In 2016, the Government of India introduced the Digital India initiative, where the government in collaboration with the private sector companies is projected to invest heavily in location-based services infrastructure and the improving internet connectivity across the country, over the next five to six years. The country is also anticipated to develop a GIS based information for land management, land records, and ownership details in the country which open lucrative opportunities for the GIS market in the country. In addition, the government has encompassed National GIS Vision in its 12th Five-Year Plan, wherein the government is anticipated to explore the untapped potential for GIS implementation.

Key players in the GIS market are Pitney Bowes Inc., Environmental Systems Research Institute Inc. (ESRI), Macdonald and Company, SuperMap, Dettwiler and Associates Ltd., Pasco Corporation, Bentley Systems Incorporated, Ubisense Group Plc., Schneider Electric SE, and Autodesk Inc. The new entrants in the industry find it difficult to compete with the established players who provide the enhanced quality solutions. This competition is anticipated to further intensify over the near future owing to the increase in technological innovations, service extensions, and M&A.

This latest Geographic Information System 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 Geographic Information System 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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Mobile Video Surveillance Market trends research and projections for 2017-2024

Mobile Video Surveillance Market size is anticipated to witness high growth during the forecast timeline. This growth is attributed to the concerns associated with safety & security across various industry verticals coupled with the increasing demand for real-time surveillance. Rising number of criminal activities such as robbery, murder, theft and burglary across various regions is compelling the adoption of such systems. The emphasis of regulatory authorities to ensure the safety of citizens and prevention of crime using the equipment further contributes to the mobile video surveillance market growth.

Growing demand for increasing vehicular safety and the deployment of comprehensive surveillance solutions provides significant opportunities to the mobile video surveillance market. Advantages of deploying such equipment include continuous monitoring, reduces the unauthorized use of the vehicles, control fuel costs by abolishing unapproved journeys and enhance the overall vehicle security. In order to reduce losses, various organizations are increasingly focusing on integrating such advanced mobile technologies and systems. The surge in transition from analog to IP based surveillance solutions is proving impetus to the industry growth.

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Factors such as high initial cost and privacy issues related to the usage of data provided by these systems are anticipated to restrain the mobile video surveillance market growth. Camera prices range from hundreds to thousands of dollars depending on the features and monitoring systems. High initial cost, which includes the installation and maintenance of such systems, could be a barrier to mass adoption. These systems are often vulnerable to threats from hackers, which poses a challenge to the market growth.

The mobile video surveillance market is segmented on the basis of component, application and region. Based on component, the industry is classified into hardware, software and service. Hardware components are further classified into mobile recorders, cameras and storage recorders and other devices. Increasing penetration of mobile recorders can be attributed to the advantages offered such as clear & high-quality videos resulting in optimized network performance. Factors such as declining cost, easy availability and affordability of the hardware components lies significant opportunities for the mobile video surveillance market growth. Increasing terror attacks and crime rates worldwide is compelling the authorities to adopt such surveillance solutions, further contributing to the industry demand.

Based on applications, mobile video surveillance market is classified into law enforcement, industrial, military & defense and transportation. Concerns associated with safety & security in public transportation systems led to the increasing deployment of such systems in transport vehicles, trains & trams and buses. Surge in demand for improvement in infrastructure across the industry verticals gives rise to the deployment of scalable and advanced surveillance systems. Moreover, law enforcement applications are anticipated to witness significant growth over the forecast timeline. It can be credited to the rising adoption of such systems by law enforcement institutions to reduce the ever-increasing crime rates due to the advantages such as enhanced performance, reliability and streamlining several operations.

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North America mobile video surveillance market is predicted to grow significantly during the forecast timespan. This growth can be attributed to the presence of large number of industry players in the region coupled with the increasing penetration of such systems across various applications. Rising instances of illegal activities obligated regional authorities to deploy intelligent surveillance solutions for reducing criminal activities and increase safety & security for citizens. Moreover, the increasing infrastructure investments in emerging economies such as China and India provide huge growth opportunities for the Asia Pacific mobile video surveillance market.

Companies operating in the mobile video surveillance market include Axis Communications, Bosch Security Systems, Cisco Systems Inc., Honeywell International Inc., Avigilon, Advantech, Tyco International, Hanwha Techwin, Infinova and United Technologies. Other prominent industry players include Apollo Video Technology, Safety Vision LLC, Eagle Eye Networks, Pelco, Hikvision and Costar Video Systems. The players are increasingly focusing on incorporating innovating features in existing product portfolio to provide flexible surveillance solutions based on the end-user demands.

This latest Mobile Video Surveillance 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 Mobile Video Surveillance 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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Text Analytics Market share research by applications and regions for 2017-2024

Text Analytics Market size is influenced by increasing adoption of social media platforms for analytics, need to combine multiple data sources to extract meaningful insights, and recent advancements in predictive analytics along with emergence of industry-specific analytics applications. Text analytics involves deriving meaningful patterns from unstructured textual data followed by its evaluation and interpretation.

Text analytics transforms information stored or hidden in unstructured text into useful data which can play a vital role in business decision making. It determines key words, semantics, topics, tags and categories from huge volumes of textual data stored in different files and formats. These solutions provide extraction and analysis tools to convert such scattered data into patterns of relevant and meaningful information. The resulting output is usually stored in relational or other data warehousing applications for analysis by predictive analytics or business intelligence tools.

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Text analytics market solutions have critical applications in areas such as competitive intelligence, sentiment analysis, social media monitoring, enterprise data mining and intelligence, automated ad placement, workforce management, document workflow management, governance and compliance management. By unearthing patterns and relationships from structured and unstructured text, text analytics along with data mining and Big Data analytics can enable enterprises to create predictive intelligence. For sentiment analysis, text analytics APIs return numeric scores depicting positive and negative sentiments. In key phrase extraction applications, APIs return distinct strings representing key talking points in input text. In language detection applications, the API returns numeric scores determining whether the identified language is true.

North America holds a major share of the text analytics market owing to availability of advanced IT infrastructure in the region coupled with a thriving e-commerce industry. With rapid adoption of advanced technologies such as Big Data and data mining, the region is expected to hold a significant market share during the forecast period. Asia Pacific text analytics market is expected to exhibit promising growth throughout the forecast period owing to increasing demand for cost-effective predictive analytics models among emerging startups and SMEs.

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Some of the key players operating in the text analytics market are IBM, SAP, Microsoft, HP, Luminoso, Opentext, Bitext, Brandwatch, Lithium, Clarabridge, NetBase Solutions, SAS Institute, Confirmit, Unmetric and Lexalytics. These players emphasize on incorporating advanced processing capabilities in their solutions and differentiating them from existing products in the text analytics market.

This latest Text Analytics 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 Text Analytics 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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China Microgrid Market to cross 1 GW by 2024

The technology research report “Microgrid Market Size By Connectivity (Grid Connected, Off-Grid), By Grid Type (AC Microgrid, DC Microgrid, Hybrid), By Source (Diesel Generators, Natural Gas, Solar PV, CHP, Others), By Storage (Lithium-Ion, Lead Acid, Flow Batteries, Flywheel, Others), By Application (Healthcare, Educational Institutes, Military, Utility, Industrial/Commercial, Remote, Others) Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, France, UK , Russia, Spain, Italy, Denmark, China, Japan, South Korea, India, Australia, Indonesia, Brazil, Argentina, Chile, Saudi Arabia, UAE, South Africa, Iran, Nigeria) Application Potential, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says Microgrid Market size will exceed USD 19 billion by 2024, driven by growing demand for off grid electricity.

Favorable government norms pertaining to integration of renewable energy technology coupled with ongoing measures to electrify rural and urban areas will foster the microgrid market share. Power reliability, economic competitiveness, relatively low power cost and reduced T&D losses are some of the key parameters which will boost the product adoption. In addition, growing off-grid networks across the developing nations will further complement the business outlook.

The U.S. microgrid market size is set to reach over 2 GW by 2024. Growing deployment of sustainable energy sources to reduce the dependence on existing electric networks will positively encourage the industry dynamics. Increasing investments across clean energy sources in the country will further propel the business landscape. According to IEA in 2016, the U.S. invested over USD 250 billion toward development of various energy sources across the nation.

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Deployment of captive power generation as a key alternative to the regulated electricity supply in industrial sector will positively impact the business growth. Regulatory inclination to maintain central grid stability coupled with growing measures toward security of power supply will fuel the microgrid market. Rapid technological advancements in line with the development of efficient energy storage systems and control distribution units will further complement the industry outlook.

Natural gas as a fuel is set to witness strong growth on account of increasing exploration of unconventional sources across the U.S., China and Russia. Ongoing adoption of fuel as a low emission substitute to conventional source will foster the microgrid market. In August 2016, Capstone Turbine signed a deal with the government of China to supply microturbine for 10 MW microgrid network.

Utility microgrid market is set to grow owing to the rapid industrialization and urbanization across the emerging economies. Escalating high-end electricity consumption backed by the presence of new HVAC and heavy load machinery systems in the industrial sector will foster the business growth.

Flow battery in 2016, accounted for over 5% of the global microgrid market share. High-end investments toward integration of clean energy technologies along with technological advancement catered to the development of cost-effective energy storage solutions will augment the industry size. Longer life cycles along with higher efficiencies as compared to its competitive counterparts will further complement the product outlook.

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Rising concerns toward energy security coupled with increasing adoption of sustainable energy sources will stimulate the Japan microgrid market. Government backed extensive research and development projects along with implementation of virtual private networks (VPPs) to mitigate emergency crisis will further embellish the business outlook. In 2017, Panasonic in collaboration with Japanese Ministry of Economy, Trade and Industry planned to build Solar PV powered microgrid to provide electricity to 117 homes in western Japan.

Eminent players across the microgrid market include ABB, Schneider Electric, Siemens, Advanced Microgrid Solutions, Emersion, GE Alstom, Honeywell, EnSync Inc, Caterpillar, Viridity Energy Inc, Lockheed Martin Corporation, Exelon Corporation and Power Analytics Corporation.

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

Global Microgrid Market, By Connectivity

  • Grid connected
  • Off grid

Global Microgrid Market, By Grid

  • AC microgrid
  • DC microgrid
  • Hybrid

Global Microgrid Market, By Power Source

  • Diesel generators
  • Natural gas
  • Solar PV
  • Combined Heat & Power (CHP)
  • Others

Global Microgrid Market, By Storage Device

  • Lithium-ion
  • Lead acid
  • Flow battery
  • Flywheel
  • Others

Global Microgrid Market, By Application

  • Healthcare
  • Educational institute
  • Military
  • Utility
  • Industrial/Commercial
  • Remote
  • Others

The above information is provided on a country basis for the following:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Russia
    • Spain
    • Italy
    • Denmark
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Indonesia
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Iran
    • Nigeria
  • Latin America
    • Brazil
    • Argentina
    • Chile

Browse key industry insights spread across 300 pages with 798 market data tables & 12 figures & charts from the report, “Microgrid Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/microgrid-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:

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Mixed Reality Headsets Market to surpass $35bn by 2024

​The technology research report “Mixed Reality Headsets Market Size By Technology (Augmented Reality (AR) Headsets [By Product {Head Mounted Displays, Smart Glasses}, By Application {Entertainment, Healthcare, Aerospace & Defense, Automotive, Retail, Industrial}], Virtual Reality (VR) Headsets [By Product {Tethered, Untethered}, By Application {Entertainment, Healthcare, Aerospace & Defense, Automotive, Retail}], Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, China, India, Japan, South Korea, Australia, Brazil, Mexico, GCC, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says Mixed Reality Headsets Market size is set to exceed USD 35 billion by 2024 and shipments are forecast to grow at around 30%, driven by growing use of mixed reality headsets in employee & staff training and customer service platforms.

The mixed reality headsets market is expected to grow at a significant rate, owing to growing usage in employee training across several end-use industries including retail, automobile, aerospace & defense, and industrial manufacturing. The devices enable the trainees to learn and experience with the interactive objects within their present environment. For instance, the 200 training centers of the retail giant, Walmart are planning to incorporate the virtual reality platform by the end of 2017 to train employees. The employees will Oculus Rift headsets to train on different real-world scenarios.

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Rising need of retailers to inspire their customers through AR/VR video marketing is expected to propel the mixed reality headsets market growth. 2D videos cannot offer high degree of customer engagement, which AR/VR can, thus enabling the companies to attract the target group of customers. For instance, the Oreo Wonder Vault VR campaign takes users through the facility where its cookie flavors are conceived. According to YuMe, a video advertising company, emotional attachment to a brand increased by 27% in a VR experience. Also, the customer engagement duration is far higher for VR content, which will propel the mixed reality headsets market growth significantly.

High product costs are expected to restrict the commercial adoption of these devices, thus impacting the mixed reality headsets market growth. Increasing technological advancements and innovations in the products are compelling the manufacturers to sell the products at premium prices making them much less affordable for customers across several industries and consumers in the gaming sector. However, with the increasing number of players entering the mixed reality headsets market and rising commercialization of AR and VR devices, the prices are expected to witness gradual decline making them affordable, thereby increasing the adoption rate.

AR devices are expected to grow at the highest growth rate in the mixed reality headsets market, due to its ability to overlay information on reality. These devices are gaining popularity due to applications across healthcare, automotive, and industrial sectors. Smart glasses will witness high adoption owing to the low costs and high degree of convenience offered, as compared to HMDs. The usage of these devices in day-to-day applications is increasing gradually, with the growing need to get the right information when required, thereby driving the mixed reality headsets market growth.

Travel & tourism is one of the growing sectors in the mixed reality headsets market. The companies in the sector are attracting the potential travelers to visit the destination in VR. For instance, in 2015, Marriott used VR experience to teleport travelers to a top skyscraper in London or to one of the beaches in Hawaii. The hotel chain is also testing its VRoomService, in which the guests will be able to use GearVR to view postcards from places including Rwanda, Chile, and Beijing. Moreover, these devices are being progressively used in the industrial manufacturing processes, owing to the growing need to increase performance efficiency and reduce costs in the long run. With the advent of Industry 4.0 and smart manufacturing, the adoption of mixed reality headsets market is projected to grow rapidly.

The China mixed reality headsets market is anticipated to witness significant growth during the forecast timeframe, owing to the presence of large number of players in the region. Development of low-cost products, due to the presence of several material suppliers and cost-effective labor is expected bode well for the mixed reality headsets market growth in China.

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The Germany mixed reality headsets market will witness increased demand, owing to increasing implementation in the automotive industry. Moreover, the technology is being used in applications such as marketing, training, and design development in automobiles. For instance, the BMW service engineers use AR HMDs to see the instructions and tools to be used.

Some of the prominent players in the mixed reality headsets market comprise Facebook/Oculus, Microsoft, HTC, Sony Corporation, Samsung Electronics, Lenovo, GlassUP S.r.l, Optinvent, Solos, Vuzix Corporation, and Seiko Epson Corporation. Small players are continuously entering the mixed reality headsets market due to its attractiveness and huge market potential. These companies in the market need to invest increasingly in R&D and new product development to gain competitive edge. For instance, Optinvent has created and patented its Clear-Vu technology, that enables see-through near the eye.

Mixed reality headsets market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in units from 2015 to 2024, for the following segments:

Mixed Reality Headsets Market, By Technology

 

  • AR
  • VR

 

AR Headsets Market, By Product

 

  • Head-mounted display (HMD)
  • Smart glasses

 

AR Headsets Market, By Application

 

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

 

VR Headsets Market, By Product

 

  • Tethered
  • Untethered

 

VR Headsets Market, By Application

 

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

 

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

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

Browse key industry insights spread across 320 pages with 306 market data tables & 45 figures & charts from the report, “Mixed Reality Headsets Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/mixed-reality-headsets-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.

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Machine Learning as a Service Industry analysis research and trends report for 2017-2024

Machine Learning as a Service Market size is buoyed by increasing penetration of cloud-based applications, increasing popularity and acceptance Artificial Intelligence (AI) and cognitive computing solutions along with large volume and high diversity of data being produced and stored by enterprises. Machine learning is one of the fastest growing dimensions of computer science and has far-reaching applications. It refers to the automated detection of meaningful patterns in data under consideration.

With growing amount of data being generated by different data sources such as mobile applications, web sites, and social media platforms, enterprises have recognized the need to integrate such data and extract valuable insights. Machine learning uses statistical models to draw inferences from these data samples. Machine learning as a service market refers to a collection of machine learning tools offered as a part of a cloud-based service. Different tools offered under such services include natural language processing, data visualization, deep learning, APIs, predictive analytics, and face recognition tools. Customers can access these tools without the need to provision their own servers or purchasing and installing the required software. This results in huge cost savings along with the benefits of reliability and scalability of executing these applications.

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Providers offer different software tools under machine learning as a service market offering that include modeling and processing tools, data storage, and archiving tools and web-based/cloud-based application programming interfaces. In terms of services, these providers offer managed services as well as professional services based upon the extent of analysis required by the customers. The solution aids enterprises to take a more cognitive approach to cost-effectively produce applications that have cognitive capabilities. Developer can create applications more expeditiously using the capability of such services to accelerate data modeling processes.

North America dominates the machine learning as a service market owing to high demand for integrating machine learning with advanced technologies such as Big Data and Internet of Things (IoT). With growing R&D investment for IT in the U.S., the region is expected to maintain its dominant position in the market during the forecast period. APAC machine learning as a service market is expected to witness accelerated growth during the forecast period due to increasing awareness and sustainable growth of IT sector in the region.

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Some of the key players operating in the machine learning as a service market are Microsoft, Amazon Web Services, IBM, Google, BigML, FICO, DataRobot, Yottamine Analytics, HPE, PREDICTRON LABS and ABM.

This latest Machine Learning as a Service 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 Machine Learning as a Service 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 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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SDWAN Market share research by applications and regions for 2017-2024

SDWAN Market size will be driven by the growing adoption of the software defined networking (SDN) among the enterprises. The growth of the SDN is attributed to the increasing network complexity and varied traffic pattern. SDN enables flexible deployment in service provider network and provides usage based solutions for high capacity sites. It also assists in optimizing traffic flow for cost effectiveness and enhancing performance at branch sites. Besides, increasing digital transformation and growing adoption of the software as a service (SaaS) application is also estimated to augment the growth of the SDWAN market.

The lack of security standard such as security administration and network synchronization are major constraints in the growth of the market. However, increasing QoS and increase adoption of the cloud based services are estimated to develop numerous growth opportunities for the SDWAN market during the forecast period.

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BFSI, retail, and IT & telecom are major end-users of the technology as they were the early adopters. Increasing adoption of the technology in these verticals is attributed to the cost effectiveness, flexibility, and ability to reduce network complexity. Moreover, increasing data traffic due to growing adoption of internet and cloud based services urging corporates to adopt SDWAN technology to optimizing public internet connectivity and enhance end-user experience.

North America is estimated to account for major share in the SDWAN market owing to the increasing adoption of SDN and increase investment buy software giants. Besides, Asia Pacific is estimated to grow with the highest rate during the forecast period. The growth in the region is attributed to the increasing investment by the market players in the region to cater to the growing demand of the market. Furthermore, rising requirement for enhance network performance, reliable enterprise grade network, and better visibility is also estimated to contribute towards the SDWAN market growth.

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Some of the major vendors are Cisco, Citrix, Aryaka Networks, Cloudgenix, Ecessa, Silver Peak, Viptela, Versa Networks, Talari, TELoIP, Glue Networks, Barracuda Networks, BigLeaf Networks, Cato Networks, and Velocloud. The players are competing in the SDWAN market in terms of product innovation, services and prices. To gain market share, the players are focusing on geographical expansion, product launch, mergers & acquisitions, and collaboration.

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

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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Cloud Natural Language Processing Market to grow at the increasing investment in AI technology

The technology research report “Cloud Natural Language Processing (NLP) Market Size By Product (Rule Based, Statistical, Hybrid), By Deployment Model (Public, Private, Hybrid), By Technology (Recognition, Analytics, Operational), By Application (Information Extraction, Machine Translation, Processing & Visualization, Question Answering), By End-use (BFSI, IT & Telecommunication, Defense, Government Organization, Retail & E-Commerce, Healthcare, Energy & Utility), Industry Analysis Report, Regional Outlook (U.S., Europe, UK, Germany, France, Italy, Spain, Australia, China, India, Japan, Brazil, Mexico, UAE, Israel), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says Cloud Natural Language Processing (NLP) Market size is set to exceed USD 6 billion by 2024, driven by rising demand to improve customer experience.

Exponential growth of the digital data is one of the major factors that is driving the growth of the cloud natural language processing market. Data/information has emerged as one of the most important assets of the organizations. Companies are collecting, analyzing, and reporting vast volume of data for extracting meaningful insights to get competitive edge. Growing adoption of the big data technologies such as Hadoop and IoT among organizations along with popularity of cloud deployment is one of the major factors that are fueling the growth of the digital data. Digital data is estimated to grow at a rate of 40% for next 10 years and by the year 2020 data generation is expected to reach 44 zettabytes per year. As the data increases, it leads to the requirement of an effective analytics solution to process the information, therefore, driving the cloud NLP market growth.

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Healthcare applications are estimated to exhibit higher growth rate than other industry verticals. Healthcare organizations are widely adopting NLP solutions for analyzing clinical transcriptions, managing medical notes, and documentation purposes. Furthermore, these solutions also assist in reducing medication errors and adverse drug events by managing Health Information Management (HIM) systems. In addition, implementation of ICD-10 regulation and adoption of auto-coding technology in healthcare is further estimated to fuel the demand in the healthcare sector.

Media & advertisement and the retail sector is also one of the major end-users of the cloud NLP market solutions. They are leveraging NLP capabilities along with social media analytics modules and CRM solutions for lead generation and brand recognition. Furthermore, increasing interest of the market players towards these industry verticals is also backing the growth of the market. For instance, IBM, HP, SAS and EasyAsk are providing NLP tools such as sentiment analysis and text analysis to these industry sectors.

Asia Pacific is estimated to be the fastest growing region in the global cloud natural language processing market owing to the increasing adoption of the smart devices. Moreover, increasing investment in AI by Chinese players such as Baidu and Alibaba are also contributing significantly towards the revenue growth.

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Some of the vendors offering NLP solutions are Google, Microsoft, IBM, HP, AWS, Baidu, Dolbey Systems, Facebook, Netbase Solutions, Fuji Xerox, Lexalytics, SAS, and Verint Systems. Vendors are trying to capture the market with customized product portfolio, that will help them in gaining more market share. Also, they are collaborating with cloud providers to offer products and services especially, to SMEs. The market is quite attractive as majority of the players are ready to invest in technologies such as AI, deep learning, and machine learning.

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

Cloud NLP Market, By Product

  • Rule Based
  • Statistical
  • Hybrid
  • Others

Cloud NLP Market, By Deployment Model

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Cloud NLP Market, By Technology

  • Recognition
  • Analytics
  • Operational

Cloud NLP Market, By Application

  • Information Extraction
  • Machine Translation
  • Processing & Visualization
  • Question Answering
  • Others

Cloud NLP Market, By End-use

  • Automotive
  • BFSI
  • Consumer Electronics
  • Government & Legal
  • Healthcare and Lifescience
  • IT & Telecommunication
  • Media and Advertisement
  • Research and Education
  • Retail
  • 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
  • Asia Pacific
    • Australia
    • China
    • India
    • Japan
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • UAE
    • Israel

Browse key industry insights spread across 230 pages with 348 market data tables & 42 figures & charts from the report, “Cloud Natural Language Processing (NLP) Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/cloud-natural-language-processing-nlp-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.

Contact Us:

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Global Market Insights, Inc.
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Data Center Services Market trends research and projections for 2017-2024

Data Center Services Market size will be fueled by increasing demand for cost effective datacenters, need for maintaining operational efficiency during storage transformation and infrastructure upgrades, and need for reducing operational and capital expenditure.

A datacenter acts as a hub for storage, computing capacity, and network capability leading to an organized computing environment necessary for running a business productively. Data center services have become critical for businesses processing and storing huge amounts of data as they require large computing facilities that support increasing workloads and scalability. Also, these services aid organizations in keeping up with the competitive industry-demands and transitioning to new technologies with ease. Moreover, these services aid businesses in mitigating key challenges of procuring state-of-the-art infrastructure, minimizing the risk of downtime, regulation compliance, and managing scalability requirements in a cost-effective manner. By using data center services, businesses can focus on their core competencies without the need of spending more time and resources for overcoming such challenges.

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The data center services market includes installation and deployment services, design and consulting services, training and development services and maintenance and support services. Deployment services reduce the complexity and risk while deploying high-performance applications. These services assist the businesses in efficiently implementing the technology including configuration, logistics, deployment and data migration. Through training and development services, companies provide comprehensive training on creating scalable, high performance data center designs. Candidates get key insights related to datacenter platform’s architecture, operations, components, management, and troubleshooting operations.

Some of the key players operating in the data center services market are IBM, DELL, Fujitsu, Cisco, Hitachi, Huawei, Vertiv, Schneider Electric, Equinix and HPE.  These players focus on business expansion to enter new geographical markets and expand their customer base. For instance, in April 2017, Equinix announced its plan to open five new International Business Exchange (IBX) data centers in 2017 in Sao Paulo, Amsterdam, Frankfurt, Silicon Valley and Washington, D.C., along with 14 expansions of its existing IBX datacenters. This expansion will result in addition of data center space amounting to more than 1 million gross square feet along with 5,600 new cabinets.  Such expansions will further boost the growth of this competitive data center services market.

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This latest Data Center Services 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 Data Center Services 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 Data Center Services Market size & forecast by product & application.
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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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Digital Twin Market growth outlook with industry review and forecasts

Digital Twin Market size is influenced by the increasing need to improve business performance in terms of process optimization, cost efficiency, and time-to-market and rising adoption of smart technologies such as IoT and big data. As the technology can offer a virtual outlook of any product, at any stage of the its lifetime, it is expected to be adopted at a significant rate over the forecast period.

Digital twin is an emerging digital profile of a process or a physical product representing its functional and behavioral characteristics used for performance optimization. The technology has enabled the convergence of the real and the virtual world through real-time digital representations of physical products that can extend to every stage of the product development lifecycle right from idea generation to commercialization. Such digital models simulate the objects in a live setting enabling enhanced product examination and process optimization. Due to its significant potential to improve enterprise decision making, digital twin has been recognized as one of the top strategic technology trends in 2017.

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Some of the key applications of digital twin technology are observed in the areas of retail, manufacturing, healthcare, automobile and industrial IoT. In the manufacturing sector, the throughput time can be significantly reduced by adopting digital twin technology to improve the efficiency of the manufacturing process flow and optimize it. In the automobile sector, virtual models of connected vehicles can be designed to analyze the performance of the vehicle and to provide the customers with a customized experience. In the healthcare sector, the digital twin market will enable personalized healthcare delivery and efficient patient monitoring by leveraging data from associated IoT platforms. Implementing the technology for industrial applications can largely facilitate effective monitoring, tracking, and control of various industrial systems and processes digitally. With the ability of predicting future anomalies, digital twin market technology can aid in operational planning for the industrial applications resulting in time and cost savings.

With increasing adoption of industrial IoT in the U.S., North America is expected to hold a significant share of the digital twin market over the forecast period. With increasing industrialization in emerging economies such as India and China, the demand for digital twin technology is expected to significantly increase in the Asia Pacific region, leading to a robust market growth.

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Some of the key players operating in the digital twin market are General Electric, IBM, Oracle, Dassault, PTC, Ansys, Siemens, SAP, Sight Machine, TIBCO Software, AT&T, Infosys, TwinThread, Prodea System, Cosmo Company Sas, Autodesk, SimScale, DIGITAL TWIN, Concirrus, Computer Science Corporation, and Bosch.

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

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:

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Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

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