Technological up-gradation and innovation in the Telecom & IT market has accelerated dramatically and it now encompasses a more diverse universe of players than ever before. In the current market environment to cope with competition, incumbent Telcos ....see more
The AI in Fintech market size is expected to grow from USD 959.3 Million in 2016 to USD 7,305.6 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 40.4%. The AI in Fintech market report encompasses the competitive landscape, which presents the positioning of the 25 key AI in Fintech vendors, based on their product offerings and business strategies. Some of the major vendors are Microsoft (Washington, US), Google (California, US), Salesforce.com (California, US), IBM (New York, US), Intel (California, US), Amazon Web Services (Washington, US), Inbenta Technologies (California, US), IPsoft (New York, US), Nuance Communications (Massachusetts, US), and ComplyAdvantage.com (New York, US).
The machine learning market size is expected to grow from USD 1.03 Billion in 2016 to USD 8.81 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 44.1% during the forecast period. Some of the major vendors are Microsoft Corporation (Washington, US), IBM Corporation (New York, US), SAP SE (Walldorf, Germany), SAS Institute Inc. (North Carolina, US), Google, Inc. (California, US), Amazon Web Services Inc. (Washington, US), Baidu, Inc. (Beijing, China), BigML, Inc. (Oregon, US), Fair Isaac Corporation (FICO) (California, US), Hewlett Packard Enterprise Development LP (HPE) (California, US), Intel Corporation (California, US), KNIME.com AG (Zurich, Switzerland), RapidMiner, Inc. (Massachusetts, US), Angoss Software Corporation (Toronto, Canada), H2O.ai (California, US), Alpine Data (California, US), Domino Data Lab, Inc. (California, US), Dataiku (Paris, France), Luminoso Technologies, Inc. (Massachusetts, US), TrademarkVision (Pennsylvania, US), Fractal Analytics Inc. (New Jersey, US), TIBCO Software Inc. (California, US), Teradata (Ohio, US), Dell Inc. (Texas, US), and Oracle Corporation (California, US).
The cloud Field Service Management (FSM) market size accounted for USD 903.7 Million in 2016 and is projected to reach USD 2,254.5 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 17.3% during the forecast period. The major vendors providing cloud FSM services are Industrial and Financial Systems AB (Sweden, Europe), ServiceNow, Inc. (California, US), Salesforce.com, Inc. (California, US), SAP SE (Germany, Europe), Oracle Corporation (California, US), International Business Machines Corporation (New York, US), ServicePower Technologies plc (Cheshire, UK), ClickSoftware Technologies Ltd. (Massachusetts, US), ServiceMax, Inc. (California, US), Acumatica, Inc. (Washington, US), Microsoft Corporation (Washington, US), and Astea International Inc. (Pennsylvania, US).
The global API testing market size is expected to grow from USD 384.3 Million in 2016 to USD 1,099.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 19.69% from 2017 to 2022. Major vendors in the API testing market are Astegic (Virginia, US), Axway (Arizona, US), Bleum (Shanghai, China), CA Technologies (New York, US), Cigniti Technologies (Hyderabad, India), Cygnet Infotech (Ahmedabad, India), IBM (New York, US), Inflectra Corporation (Maryland,US), Infosys (Bengaluru, India), Load Impact (Stockholm, Sweden), LogiGear Corporation (California, US), Micro Focus(Formerly HPE) (Berkshire, UK), Nevatech (Georgia, US), Oracle (Apiary) Corporation (California, US), Parasoft Corporation (California, US), QASource (California, US), QSG Technologies (Bengaluru, India), QualityLogic (Idaho, US), SmartBear Software (Massachusetts, US), SendGrid, Inc. (Colorado, US), Sybrant Technologies (Chennai, India), Runscope (California, US), Trantor (California, US), Tricentis (Vienna, Austria), and Vector Software (Rhode Island, US).
The public safety and security points to the welfare and safeguarding of public from physical as well as cyber threats. The public safety and security solutions help avert and minimize the impact of terrorist attacks, cyber-attacks, and natural disasters on the economy. Most states around the world have public safety departments and agencies whose primary responsibility is to deploy public safety and security solutions to protect the public and limit the effects of criminal attacks and natural calamities. The citizens are usually dependent on the government and public departments for their day-to-day requirements.
Embedded analytics enables business users to access business data and analyze them at any place and any time to generate insights within an application, even though they do not have data science and analytical skills. The embedded analytics market size is expected to grow from USD 24.36 Billion in 2016 to USD 51.78 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.1%. 2016 is considered to be the base year, while the forecast period is 2017–2022. The report also encompasses different strategies, such as mergers and acquisitions, partnerships and collaborations, and product developments, adopted by the major players to increase their shares in the market. Some of the major technology vendors include Microsoft Corporation (US), IBM (US), SAP SE (Germany), SAS Institute (US), Oracle Corporation (US), MicroStrategy Incorporated (US), Tableau Software (US), TIBCO Software (US), Birst (US), Logi Analytics (US), QlikTech International (US), Sisense (US), Information Builders (US), OpenText (Canada), and Yellowfin International (Australia).
MarketsandMarkets expects the messaging security market size to grow from USD 2.64 Billion in 2017 to USD 5.50 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 15.8%. Major vendors in the messaging security market include McAfee LLC (US), Cisco Systems, Inc. (US), Trend Micro Incorporated (Japan), Symantec Corporation (US), Proofpoint Inc. (US), Forcepoint (US), Microsoft Corporation (US), Sophos Ltd. (UK), Barracuda Networks Inc. (US), F-Secure Corporation (Finland), Trustwave Holdings, Inc. (US), Mimecast Limited (UK), Check Point Software Technologies Ltd. (Israel), Adaptive Mobile Security Limited (Ireland), GWAVA, Inc. (Canada), GreatHorn, Inc. (US), E-lock (US), Retarus Group (Germany), Clearswift Group (UK), Google Inc. (US), Total Defense Inc. (US), Fortinet, Inc. (US), Panda Security, S.L. (Spain), and SonicWall Inc. (US).
The Computer Aided Dispatch market is expected to grow from USD 1.12 Billion in 2017 to USD 1.95 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.8%. The major vendors in the Computer aided dispatch market include IMPACT (US), Avtec Inc. (US), Caliber Public Safety (US), Zetron, Inc. (US), TriTech Software Systems (US), Superion (US), Hexagon Safety & Infrastructure (US), Spillman Technologies, Inc. (US), Priority Dispatch Corp. (US), Tyler Technologies, Inc. (US), Southern Software, Inc. (US), CODY Systems (US), Traumasoft (US), DoubleMap (US), NowForce (Israel), and FDM Software (Aptean) (Canada).
The cloud encryption market is expected to grow from USD 529.5 Million in 2016 to USD 2,401.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 30.1% during the forecast period. The major vendors providing cloud encryption solutions and services are Thales e-Security (La Defense, France), Gemalto N.V. (Amsterdam, Netherlands), Sophos Group plc (Abingdon, UK), Symantec Corporation (California, US), Skyhigh Networks (California, US), Netskope Inc. (California, US), CipherCloud (California, US), HyTrust, Inc. (California, US), Trend Micro Incorporated (Tokyo, Japan), Vaultive, Inc. (Massachusetts, US), and TWD Industries AG (Unteriberg, Switzerland).
The global IoT data management market size expected to grow from USD 23.8 Billion in 2016 to USD 66.44 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 19.3%. The major vendors in the IoT data management market include International Business Machines (IBM) Corporation (US), PTC Inc. (US), Teradata Corporation (US), Dell Technologies, Inc. (US), Cisco Systems, Inc. (US), SAS Institute Inc. (US), Hewlett Packard Enterprise (HPE) Company (US), Fujitsu Limited (Japan), Oracle Corporation (US), Google Inc. (US), SAP SE (Germany), LogMeIn, Inc. (US), Striim, Inc. (US), Zebra Technologies Corporation (US), LogFuze Inc. (US), InfluxData, Inc. (US), Trustwave Holdings, Inc. (US), and MuleSoft, Inc. (US).
The Mobile Edge Computing market is expected to grow from USD 148.2 Million in 2016 to USD 838.6 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 35.2% during the forecast period. The major vendors providing Mobile Edge Computing technology are Adlink Technology Inc. (Taiwan), Advantech Co., Ltd. (Taiwan), Artesyn Embedded Technologies Inc. (California, US), Brocade Communications Systems, Inc. (California, US), Huawei Technologies Co., Ltd. (Shenzhen, China), Juniper Networks, Inc. (California, US), Nokia Corporation (Espoo, Finland), Saguna Networks Ltd. (Israel), Vapor IO, Inc. (Texas, US), and Vasona Networks, Inc. (California, US).
The cloud engineering market is expected to grow from USD 4.20 Billion in 2016 to USD 13.43 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 23.2% during the forecast period. The major vendors providing cloud engineering services are Sogeti (France, Europe), Aricent Inc. (California, US), Trianz (California, US), GFT Technologies SE (Germany, Europe), ITC Infotech India Ltd. (Karnataka, India), Engineering Ingegneria Informatica SpA (Rome, Europe), RapidValue Solutions Inc. (California, US), Nitor Infotech (Maharashtra, India), Softcrylic LLC (Minnesota, US), Calsoft Inc. (California, US), Searce Inc. (Texas, US), and VVDN Technologies (Haryana, India). These players have adopted various strategies, such as new product developments, mergers and acquisitions, collaborations, and partnerships, to expand their presence in the global cloud engineering market.
The anomaly detection market size is expected to grow from USD 2.08 Billion in 2017 to USD 4.45 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 16.4%. The major vendors in the anomaly detection market include Wipro Limited (India), Cisco Systems, Inc. (US), International Business Machines Corporation (US), Hewlett Packard Enterprise Company (US), Dell Technologies, Inc. (US), SAS Institue, Inc. (US), Symantec Corporation (US), Anodot (Israel), Happiest Minds (India), and Guardian Analytics (US).
The APAC Project Portfolio Management (PPM) market size is expected to grow from 522.0 Million in 2016 to USD 1,352.8 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 18.2%. The major PPM vendors in APAC are Upland Software, Inc. (Texas, US), Planview, Inc. (Texas, US), Planisware S.A.S. (California, US), Oracle Corporation (California, US), Software AG (Darmstadt, Germany), SAP SE (Walldorf, Germany), Microsoft Corporation (Washington, US), Changepoint Corporation (Washington, US), CA Technologies (New York, US), Hewlett Packard Enterprise Company (California, US), Clarizen (California, US), and ServiceNow, Inc. (California, US).
The global legal analytics market is projected to grow from USD 451.1 Million in 2017 to USD 1,858.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 32.7% during the forecast period. The report encompasses the competitive landscape, which presents the positioning of 18 key vendors of legal analytics solutions and services, based on their product offerings and business strategies. Some of the major solution and service vendors include the Wolters Kluwer (Netherlands), Thomson Reuters (Canada), MindCrest, Inc. (US), UnitedLex Corporation (US), Argopoint LLC (US), LexisNexis (US), PREMONITION (US), CPA Global (UK), Analytics Consulting LLC (US), The Bureau of National Affairs (BNA) Inc. (US), IBM Corporation (US), and Wipro Limited (India).
The global lecture capture systems market size is expected to grow from USD 2.24 Billion in 2017 to USD 9.39 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 33.19%. Some of the major vendors in the lecture capture systems market are Kaltura, Inc. (US), Echo360, Inc. (US), Panopto (US), Sonic Foundry, Inc. (US), VBrick (US), YuJa Corporation (US), McGraw-Hill Education, Inc. (US), Crestron Electronics, Inc. (US), VIDIZMO LLC (US), UbiCast (France), Telestream, LLC (US), Qumu (US), TechSmith Corporation (US), Cattura Video (US), ShareStream LLC (US), Polycom, Inc. (US), Cisco Systems, Inc. (US), TELTEK Video Research (Spain), Epiphan Systems, Inc. (Canada), PowerCreator Info & Tech Co., Ltd. (China), Winnov, Inc. (US), Lumens Digital Optics, Inc. (Taiwan), Matrox (Canada), and HABOOK Information Technology, Inc. (Taiwan).
The payment security market size is expected to grow from USD 11.39 Billion in 2017 to USD 24.63 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 16.7%. The base year considered for the study is 2016, and the market size is calculated from 2017 to 2022. The major vendors in the payment security market include Braintree (Illinois, US), CyberSource Corporation (California, US), Elavon (Georgia, US), Index (Nevada, US), Ingenico ePayments (Hoofddorp, Netherlands), Intelligent Payments (Gibraltar), GEOBRIDGE Corporation (Virginia, US), Shift4 Corporation (Nevada, US), Transaction Network Services (TNS) Inc. (Virginia, US), and TokenEx, LLC (Oklahoma, US).
The data quality tools market size is expected to grow from USD 610.2 Million in 2017 to USD 1,376.7 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 17.7%. The major data quality tools vendors include Experian Data Quality (Experian Plc) (US), Informatica (US), Information Builders, IBM Corporation (US), Microsoft Corporation (US), Oracle Corporation (US), Pitney Bowes Inc. (US), SAP SE (Germany), SAS Institute Inc. (US), Syncsort (US), Talend (US), Trianz (US), and Tamr (US).
The IoT analytics market is expected to grow from USD 7.2 billion in 2017 to USD 27.8 billion by 2022, at a compound annual growth rate (CAGR) of 31.0% during the forecast period.The Major players operating in the market include IBM Corporation (US), Microsoft Corporation (US), Oracle Corporation (US), SAP SE (Germany), Cisco Systems, Inc., (US), Dell Technologies, Inc. (US), Google, Inc. (US), Amazon Web Services, Inc. (US), HP Enterprise Co (US), PTC, Inc. (US), Hitachi, Ltd. (Japan), Teradata Corporation (US), Salesforce.com, Inc. (US), Greenwave Systems, Inc. (US), and mnubo, inc. (US).
The data center colocation market size is expected to grow from USD 31.52 billion in 2017 to USD 62.30 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.60% during the forecast period. The data center colocation market ecosystem comprises vendors, such as AT&T Inc. (US), China Telecom (China), Cogent Communications (US), Contegix (US), CoreSite Realty Corporation (US), CyrusOne (US), Cyxtera Technologies, Inc. (US), Digital Realty Trust, Inc. (US), DuPont Fabros Technology, Inc. (US), Equinix, Inc. (US), Fibernet Inc. (US), Global Switch (UK), Internap (US), Interxion (Netherland), Keppel Data Center Pte Ltd. (Singapore), Level 3 Communications Inc., NTT Communications Corporation (Japan), PhoenixNAP (US), Rahi Systems Inc (US), Singtel (Singapore), STT GDC Pte Ltd. (Singapore), Telehouse-KDDI (UK), Telstra (Australia), TeraGo Networks Inc. (Canada), and Verizon (US); service providers; system integrators; and enterprises.
The industrial analytics market is expected to grow from USD 11.29 Billion in 2017 to USD 25.51 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 17.7%. The report also encompasses different strategies, such as acquisitions, partnerships & collaborations, and product developments, adopted by major players to increase their share in the market. Major technology vendors in the industrial analytics market include General Electric (US), IBM Corporation (US), Microsoft Corporation (US), Oracle Corporation (US), PTC, Inc. (US), SAS Institute (US), SAP SE (Germany), Cisco Systems, Inc. (US), HPE (US), Intel Corporation (US), Hitachi, Ltd. (Japan), TIBCO Software, Inc. (US), AGT International (Switzerland), Bridgei2i Analytics Solutions (India), and Alteryx, Inc. (US).
The North America Heating, Ventilation, and Air Conditioning (HVAC) contained server market size is expected to grow from 634.8 Million in 2017 to USD 1,540.4 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 19.4% during the forecast period. The major vendors providing HVAC contained servers in North America are Black Box Corporation (Pennsylvania, US), Vertiv Co. (Ohio, US), Schneider Electric (Rueil-Malmaison, France), STULZ GmbH (Hamburg, Germany), Hitachi Systems (Tokyo, Japan), Tripp Lite (Illinois, US), Rackmount Solutions (Texas, US), EIC Solutions, Inc. (Pennsylvania, US), Crenlo (Minnesota, US), and Karis Technologies Inc. (Toronto, Canada). These players have adopted various strategies, such as new product developments, acquisitions, and partnerships to serve the market. Continuous technology innovation is an area of focus for these players to maintain its competitive position in the market and promote customer satisfaction.
The global transparent caching market is expected to grow from USD 876.6 Million in 2017 to USD 4,274.2 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 37.28%. Some of the major vendors include Cisco Systems, Inc. (California, US), Ericsson AB (Stockholm, Sweden), Google (California, US), Qwilt (California, US), Symantec Corporation (California, US), Nokia Corporation (Uusimaa, Finland), Ara Networks (Seoul, Korea), Superlumin (Dayton, Ohio), Kollective Technology, Inc. (California, US), Fortinet, Inc. (California, US), Akamai Technologies, Inc. (Massachusetts, US), Brocade Communications System, Inc. (California, US), Level 3 Communications, LLC (Colorado, US), Citrix Systems, Inc. (Florida, US), and Huawei Technologies Co., Ltd (Shenzhen, China).
MarketsandMarkets forecasts the global enterprise key management market to grow from USD 933.2 Million in 2017 to USD 2,343.6 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 20.2%. The major vendors that offer enterprise key management solutions and services include Amazon Web Services, Inc. (US), Gemalto NV (Netherland), Hewlett Packard Enterprise (HPE) Company (US), International Business Machines (IBM) Corporation (US), Oracle Corporation (US), RSA Security LLC (US), Thales e-Security, Inc. (France), and Venafi (US).
The scale-out NAS market size is projected to grow from USD 12.58 Billion in 2017 to reach USD 32.68 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 21.05% during the forecast period. The major drivers for the upsurge in the scale-out NAS market growth include the increasing demand for scale-out NAS applications across enterprises. Major players in this market include Dell, Inc. (US), Hewlett Packard Enterprise (US), Nasuni Corporation (US), NetApp, Inc. (US), Hitachi Data Systems Ltd (US), IBM Corporation (US), Panasas, Inc. (US), Pure Storage, Inc. (US), Tintri, Inc. (US), Scality, Inc. (US), Nexenta Systems, Inc. (US), and Quantum Corporation (US).
The global sandboxing market size is expected to grow from USD 2.90 Billion in 2017 to USD 9.40 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.5%. The major vendors in the sandboxing market include Check Point Software Technologies Ltd. (California, US); Cisco Systems, Inc. (California, US); FireEye, Inc. (California, US); Fortinet (California, US); Juniper Networks, Inc. (California, US); Palo Alto Networks, Inc. (California, US); Sophos Ltd. (Oxfordshire, UK); Symantec Corporation (California, US); McAfee LLC (California, US); SonicWall Inc. (California, US); and Zscaler, Inc. (California, US).
MarketsandMarkets forecasts the visualization and 3D rendering software market size to grow from 1.06 Billion in 2017 to USD 2.92 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 22.40% during the forecast period. Just-in-time marketing and user-friendly renderer interface are some of the driving factors of the visualization and 3D rendering market. Major vendors in the visualization and 3D rendering software market include Autodesk, Inc (California, US), Siemens AG (Munich, Germany), Adobe Systems (California, US), Dassault Systèmes (Vélizy-Villacoublay, France), NVIDIA Corporation (California, US), Trimble, Inc (California, US), Next Limit Technologies (Madrid, Spain), Corel Corporation (Ottawa, Canada), SAP SE (Walldorf, Germany), Chaos group (Sofia, Bulgaria), The Foundry Visionmongers Ltd (London, UK), NewTek, Inc (Texas, US), Render Legion S.R.O. (Prague, Czech Republic), Luxion, Inc (California, US), and Cristie Digital Systems (California, US).
The spend analytics market size is expected to grow from USD 1.33 Billion in 2017 to USD 3.01 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 17.7%. The report segments the market by component, application, analytics type, business function, deployment model, organization size, vertical, and region. The major vendors providing spend analytics software and services are SAP SE (Germany), SAS Institute, Inc. (US), IBM Corporation (US), Oracle Corporation (US), Coupa Software Incorporated (US), Zycus Inc. (US), Proactis (UK), Empronc Solutions Pvt. Ltd. (India), JAGGAER SciQuest, Inc. (US), Rosslyn Analytics, Ltd. (UK), Ivalua Inc. (US), and BravoSolution SPA (US).
The smart governments market size is expected to grow from USD 11.73 Billion in 2017 to USD 28.24 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 19.2%. The major vendors covered in the smart governments market include ABB Ltd. (Switzerland), Amazon Web Services, Inc. (US), Avaya Inc. (US), Cap Gemini S.A. (France), Cisco Systems, Inc. (US), Entrust Datacard Corporation (US), Huawei Technologies Co., Ltd. (China), Hughes Identification Devices (HID) Global Corporation (US), IBM Corporation (US), Imex Systems Inc. (Canada), Nokia Corporation (Finland), OpenGov (US), Oracle Corporation (US), Socrata (US), Symantec Corporation (US), and UTI Grup (Romania).
The cloud backup market size is expected to grow from USD 1.30 Billion in 2017 to USD 4.13 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.1% during the forecast period. The major vendors providing cloud backup services are Acronis International GmbH (Switzerland), Asigra Inc. (Canada), Barracuda Networks, Inc. (US), Carbonite, Inc. (US), Code42 Software, Inc. (US), Datto, Inc. (US), Druva Software (US), International Business Machines Corporation (IBM; US), Iron Mountain Incorporated (US), Microsoft Corporation (US), Oracle Corporation (US), and Veeam Software (Switzerland).
The clickstream analytics market size is expected to grow from USD 750.3 Million in 2017 to USD 1,560.6 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 15.8% during the forecast period. Major clickstream analytics vendors include Adobe Systems (US), AT Internet (US), Google (US), IBM Corporation (US), Microsoft Corporation (US), Oracle Corporation (US), SAP SE (Germany), Connexity (US), Hewlett Packard Enterprise (US), Jumpshot (US), Splunk (US), Talend (US), Verto Analytics (Finland), Webtrends Corporation (US), and Vlocity, Inc (US).
The WebRTC market is projected to grow from an estimated USD 1.04 Billion in 2017 to USD 6.49 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 44.2% during the period 2017–2022. The major drivers in the WebRTC market include webification of communication, increasing demand for WebRTC solutions from SMBs, and demand for secure & robust communication. The major vendors covered in the WebRTC market for this study include TokBox, Inc. (U.S.), Apidaze (France), AT&T (U.S.), Avaya, Inc. (U.S.), Cisco Systems, Inc. (U.S.), GENBAND Inc. (U.S.), Dialogic, Inc. (U.S.), Polycom, Inc. (U.S.), Oracle (U.S.), Twilio, Inc. (U.S.), Quobis (Spain), and Cafex Communications, Inc. (U.S.).
The hyperscale data center market is expected to grow from USD 25.08 Billion in 2017 to USD 80.65 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.32%. Data center operators face increased needs for scale-out data center architecture, which enables the scaling of critical data center components as and when the demand increases.
The major challenge for any business today is to bridge the gaps between data collection, insights, and actions. Cognitive computing solutions help businesses to bridge these gaps. The data generated throughout organizations by machines and business processes, and the volume of structured and unstructured data are increasing at exponential rates. Cognitive systems generate valuable insights from unstructured content, analyze the information, and present relevant answers to users to help them make accurate and effective business decisions that impact performance and revenue.
The spear phishing market is projected to grow from an estimated USD 840.7 Million in 2017 to USD 1,401.6 Million by 2022, at a CAGR of 10.8% from 2017 to 2022. The market is primarily driven by the increasing spear phishing attacks, increasing adoption of BYOD policy in organizations and the growth of cloud email security solutions. Moreover, rising cyber threats to critical infrastructure, and the growing volume of digital data, is driving the adoption of spear phishing solutions.
MarketsandMarkets forecasts the global text analytics market size to grow from USD 3.2 billion in 2016 to USD 8.8 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 17.2% during the forecast period. The major growth drivers of the market include the growing need for social media analytics, and increasing need of predictive analytics for businesses. Major vendors in the global text analytics market include SAP SE (Walldorf, Germany), International Business Machines Corporation (New York, U.S.), SAS Institute, Inc. (North Carolina, U.S.), OpenText Corporation (Ontario, Canada), Clarabridge, Inc. (Virginia, U.S.), Megaputer Intelligence, Inc. (Indiana, U.S.), Luminoso Technologies, Inc. (Massachusetts, U.S.), MeaningCloud LLC (New York, U.S.), KNIME.com AG (Zurich, Switzerland), Infegy, Inc. (Missouri, U.S.), Lexalytics, Inc. (Massachusetts, U.S.), and Averbis (Freiburg Germany). These vendors have adopted various organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions, to expand their presence in the global text analytics market further.
The cloud Enterprise Content Management (ECM) market size is expected to grow from USD 9.77 Billion in 2017 to USD 34.42 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 28.6%. The major drivers of this market include the growth in the digital content across enterprises, easier access from remote end-points, need for protection of enterprise data against the disaster, and need for regulatory compliances.
The IoT device management market size is expected to grow from USD 693.4 Million in 2017 to USD 2,559.6 Million by 2022, at a CAGR of 29.8% from 2017 to 2022. The growing penetration of heterogeneous smart devices and IoT sensors, mandates the critical need for reliable IoT device management platforms or solutions for device remote activation and provisioning, configuration and control, and its management. Converged device management platform offers a single platform to manage devices across multitude of domains and protocols for communication. IoT devices include heterogeneous stand-alone internet connected devices that need to be monitored and controlled from a remote location.
The mobile encryption market is expected to grow from USD 761.4 Million in 2017 to USD 2,917.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 30.8%. Proliferation of smartphones and tablets across enterprises, need for stringent compliance and regulatory requirements, and increased concerns for data security and privacy issues have led to the increased demand for mobile encryption solutions.
The IoT operating systems market is estimated to grow at a CAGR of 42.9% and expected to grow from USD 289.2 Million in 2017 to USD 1,721.3 Million by 2022, owing to the increase in social networking sites, which has led to sharing of large amounts of personal and private data across multiple platforms. There is an increased need for solutions to make sure that the personal and private data of individuals is not falling into malicious hands.
The telecom managed services market size is expected to grow from USD 11.90 Billion in 2017 to USD 22.58 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.7%. Managed services is a common phenomenon for CSPs to move their Capital Expenditure (CapEx) model to Operational Expenditure (OpEx) model in order to achieve operational efficiency in the business processes. It also helps CSPs to focus on their core business activities and take a new role in the value chain with new business model.
Software-Defined Wide Area Networking (SD-WAN) is a transformational application installed centrally in existing WAN connections, used by enterprises to simplify their branch networking performance over large regions. It is deployed in enterprise WAN, which uses Software-Defined Network (SDN) to route data traffic to remote locations, thereby reducing data congestion. SD-WAN establishes a logical connection between WAN edge devices placed in different branch offices and creates a secure path across multiple WAN connections and carriers, such as hybrid internet and Multiprotocol Label Switching (MPLS) architectures.
MarketsandMarkets forecasts the 3D animation market size to grow from USD 12.01 Billion in 2017 to USD 21.05 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.9%. Growing adoption of visual effects technology in movies, increasing demand for 3D mobile applications and games, and increase in the use of 3D mapping technology in navigation and geospatial analysis are some of the driving factors for the growth of 3D animation technology
The location of things market size is expected to grow from USD 5.46 Billion in 2017 to USD 27.22 Billion by 2022, at a CAGR of 37.9% from 2017 to 2022. Increasing importance of spatial data, democratization of geospatial data for IoT applications, and increase in the adoption of location-based applications across various verticals are the factors driving this market.
The in-memory analytics market size is expected to grow from USD 1.26 Billion in 2017 to USD 3.85 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 25.1% from 2017 to 2022. The report segments the market into components, deployment models, organization sizes, applications, verticals, and regions. The major growth drivers of the in-memory analytics market include digital transformation using real-time analytics, technological advancement in computing power, and growing trend of self-service Business Intelligence (BI) tools.
The smart gas market size is expected to grow from USD 11.25 Billion in 2017 to USD 21.75 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.1% during the forecast period. The major drivers for the upsurge in the smart gas market include the growing demand for customer-centric approach leading to the overall market growth of the market, replacement of aging infrastructure driving investment in the smart gas market, and the increasing global energy demand leading to adoption of sophisticated technologies.
Application security is a continuously evolving security approach. As the frequency of cybercrime is rapidly increasing, organizations are compelled to adopt advanced security solutions to protect their applications, data, network, and devices. Application layer has been a new target for attackers to penetrate into an enterprise’s IT infrastructure or bring damage to it, which acts as a major driving factor for the application security market.
The global enterprise WLAN market is expected to grow from USD 5.53 Billion in 2016 to USD 21.10 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 30.7%. The rapidly growing market for enterprise WLAN technology is expected to influence the cloud technology as well as Internet of Things (IoT) market, and thereby considerably increase market competitiveness. Moreover, technological advancements are expected to increase WLAN applications in numerous industry sectors.
The cloud Project Portfolio Management (PPM) market size is expected to grow from USD 2.97 Billion in 2017 to USD 5.79 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.3% during the forecast period. The major drivers of this market include the increasing need for Bring Your Own Device (BYOD) & mobile devices, shift toward integrated cloud-based solutions, and increased need for Return on Investment (ROI) in process manufacturing industries.
The service market for data center is estimated to grow from USD 39.68 Billion in 2017 to USD 77.51 Billion by 2022, at a high Compound Annual Growth Rate (CAGR) of 14.33% during the forecast period. Data center down time or any minimal interruption may cause huge loss to the organization. Data center services such as design & consulting, installation & deployment, professional services, training & development, and maintenance & support are important for the efficient functioning of data center facilities.