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 in-memory database market is estimated to grow from USD 2.72 Billion in 2016 to USD 6.58 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 19.3%. Faster data processing, falling RAM prices, and massive amount of data being generated from various industries are the key driving forces of in-memory database market.
The ransomware protection market size is expected to grow from USD 8.16 Billion in 2016 to USD 17.36 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.3% during the forecast period. The base year considered for the study is 2015 and the market size is calculated from 2016 to 2021.
MarketsandMarkets forecasts the cloud Content Delivery Network (CDN) market size to grow from USD 1.81 Billion in 2016 to USD 6.23 Billion by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 28.0%. Major factors contributing to the growth of the cloud CDN market are growing rich media file contents, video content, increasing use of connected and smart devices, and proliferation of rich media over social sites.
The Insights-as-a-Service market size is expected to grow from USD 1.16 Billion in 2016 to USD 3.33 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 23.5% during the forecast period. The major drivers of this market include the need for improved customer satisfaction and operational performance.
The operational analytics market size is expected to grow from USD 4.65 Billion in 2016 to USD 10.93 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 18.6% during the forecast period. The major growth drivers of the operational analytics market include data explosion due to emergence of IoT-enabled devices, increasing need for process & operations optimization & control, adoption of advanced data management strategies, and increasing focus on market & competitive intelligence.
The crowd analytics market size is expected to grow from 385.1 Million in 2016 to 1,142.5 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 24.3% during the forecast period. The major growth drivers of the crowd analytics market include the need to install new and advanced surveillance systems and the growing need for business intelligence solutions.
The data prep market is estimated to grow from USD 1.46 Billion in 2016 to USD 3.93 Billion by 2021, at a high Compound Annual Growth Rate (CAGR) of 25.2% during the forecast period. Data prep makes use of tools such as data curation, data cataloging, data quality, data ingestion, and data governance to create consistent data of high quality, by eliminating low quality and incorrect data which would hamper the efficient functioning of processes like analytics and data mining.
The Narrowband IoT (NB-IoT) Enterprise Application Market MarketsandMarkets expects the global NB-IoT market size to grow from USD 320.5 Million in 2017 to USD 8221.3 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 91.3% from 2017 to 2022.. The market does not have any base year or historical year, but has an estimated year as 2017 and forecast year as 2022.
MarketsandMarkets estimates the mobile enterprise application market size to grow from USD 48.24 Billion in 2016 to USD 98.03 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 15.24% from 2016 to 2021. Increase in smartphone penetration, enhancement in connectivity & productivity of both employees and organizations, growing demand for real-time information capture, and organizations’ continued focus to make their business processes mobile-ready due to increase in mobile workforce are some of the driving forces in the mobile enterprise application market.
The IT in real estate market is projected to grow from USD 5.03 Billion in 2016 to USD 8.91 Billion by 2021, at a CAGR of 12.1% during the forecast period. Growth in this market is mainly attributed to the increasing demand for smart technological solutions in the real estate sector to cater to varied preferences of customers, popularity of asset & property management solutions, increasing demand for enterprise applications to manage projects, and growing need to manage data and ensure security of sensitive information.
The enterprise synthetic application monitoring market size is estimated to grow from USD 919.2 Million in 2016 to USD 2,109.7 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 18.1%. The major forces driving this market are the growing need for for monitoring and management of numerous complicated applications, rising need for DevOps, and assurance of meeting the Service Level Agreements (SLA’s) .
The business process management (BPM) in real estate market is estimated to grow from USD 429.1 Million in 2016 to USD 1,298.0 Million by 2021, at a high CAGR of 24.8% during the forecast period. Growth of the BPM in real estate market can be attributed to the increasing adoption of BPM solutions by real estate companies. BPM solutions are implemented to automate business processes and enhance operational efficiency. Furthermore, over the past decade, the advent of new technologies has radically transformed the way organizations engage with customers.
The High Performance Data Analytics (HPDA) market is estimated to grow from USD 25.71 Billion in 2016 to USD 78.26 Billion by 2021, at a high Compound Annual Growth Rate (CAGR) of 24.9% during the forecast period. The proliferation of open source frameworks (Hadoop) for big data analytics and the ability of powerful High Performance Computing (HPC) systems to process data at higher resolutions are the drivers that propel the growth of the HPDA market
The Machine Learning as a Service (MLaaS) market size is estimated to grow from USD 613.4 Million in 2016 to USD 3,755.0 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 43.7% from 2016 to 2021. The main driving factors for the growth of the market are adoption of cloud-based technologies and advancements in technologies.
The self-service Business Intelligence (BI) market size is expected to grow from USD 3.61 Billion in 2016 to USD 7.31 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 15.2% during the forecast period. The major growth drivers of the self-service BI market include ease of use for non-technical staff, increasing need for in-depth competitive insights, and expanding volume of business data.
The security orchestration market size is expected to grow from USD 826.1 Million in 2016 to USD 1682.4 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 15.3% during the forecast period. The major growth drivers of the security orchestration market include the rise in security breaches & incidents, rapid deployment & development of cloud based solutions, and growth in the BYOD trend affecting Small and Medium Enterprises (SMEs).
Workspace-as-a-Service (WaaS) is a blend of unified managed services delivered to enhance and automate the delivery of applications and data across multiple personalized devices without threatening the security of the data or the device itself. Furthermore, increase in proliferation of portable devices in enterprise and dependency of enterprise class applications is driving the need for deployment of workspace solutions in an enterprise. WaaS is influential in ensuring seamless transfer of data and persona-centric applications across heterogeneous devices located at geographically diverse locations.
The edge analytics market is estimated to grow from USD 1.94 Billion in 2016 to USD 7.96 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.6%. Advent of Internet of Things (IoT) & proliferation of massive amount of data through connected devices, and predictive & real-time intelligence on network devices acts as a catalyst to the growing adoption of edge analytics solutions and services.
The cloud computing in education market is expected to grow from USD 8.13 Billion in 2016 to USD 25.36 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 25.6% during the forecast period. The strong need to reduce management burden and demand for a centralized system for the management of academic processes is driving the cloud computing in education market across all regions. The need to streamline academic processes such as learning, administration, and evaluation are some of the other drivers of the cloud computing in education market.
The cloud orchestration market is expected to grow from USD 4.95 Billion in 2016 to USD 14.17 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 23.4% during the forecast period. Growing demand for optimum resources utilization and increasing need for self-service provisioning has led to the increased demand for cloud orchestration services and applications.
The adaptive security market size is expected to grow from USD 3.53 Billion in 2016 to USD 7.07 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 14.9% during the forecast period. The major growth drivers of the adaptive security market include the need to defend against advanced cyber-attacks, limitations of traditional security solutions, and need for security compliances and regulations.
The global mobile virtualization market is projected to grow from USD 2.16 Billion in 2016 to USD 5.68 Billion by 2021, at a CAGR of 21.3% during the forecast period. Flourishing mobile industry and increasing use of mobile devices by consumers to perform different work related activities have resulted in increased demand for mobile virtualization. Furthermore, increasing need to provide security to enterprise data and applications is driving the global mobile virtualization market.
The global airport retailing market is estimated to grow from USD 31.79 Billion in 2016 to USD 47.81 Billion by 2021, at a CAGR of 8.5% from 2016 to 2021. Rise in international tourism, increasing incomes of the middle class population, availability of multiple brands in duty-free shops at airports, and new investments in the development and renovation of airports are driving the growth of this market.
The Software-Defined Security (SDSec) market size is expected to grow from USD 1.59 Billion in 2016 to USD 6.76 Billion by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 33.6%. Major growth drivers of the SDSec market are need for policy-driven, scalable, and programmable security architecture; faster response against threats/risks and requirement for increased security; security staffing and budgeting constraints along with increasing surge in cloud services. These factors are expected to shape the future of the SDSec market.
The IoT telecom services market size is estimated to grow from USD 2.90 Billion in 2016 to USD 17.67 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 43.6%. The major forces driving this market are the growing need for enhanced connectivity solution to connect smart devices, critical need for smart network bandwidth management and automation in backend communication operations which is an essential pre-requisite for streamlining business processes, and the significant increase in adoption of BYOD among enterprises. Telcos are promoting OTT applications that helps to boost the adoption of IoT telecom services.
The BFSI security market is estimated to grow from USD 30.23 Billion in 2016 to USD 48.95 Billion by 2021, at a CAGR of 10.1% from 2016 to 2021. Key drivers of the BFSI security market include the implementation of regulatory security compliance, rising demand for cloud-based security solutions, and the increasing risk of cyber threats against BFSI infrastructure. This report analyzes opportunities in the BFSI security market for stakeholders. It also provides strategic profiles of the key players in the market to comprehensively analyze the core competencies and draw competitive landscape for the market.
The cloud-based Product Lifecycle Management (PLM) market is expected to grow from USD 18.65 Billion in 2016 to USD 40.55 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.80% during the forecast period. Rising need for integrated PLM solution, effective management of supply chain, and increasing adoption of Internet of Things (IoT) are driving the cloud PLM market.
The unified network management market is estimated to grow from USD 5.01 Billion in 2016 to USD 12.32 Billion by 2021. The unified network management market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) of 19.7% owing to the rising usage of unified networking solutions among organizations to manage and control wireline or wireless networking activities. Companies are deploying unified networking solutions and services to reduce disadvantages of wireline and wireless networking.
The global user and entity behavior analytics market (UEBA) market is projected to grow from USD 131.7 Million in 2016 to USD 908.3 Million by 2021, at a CAGR of 47.1% from 2016 to 2021. Major drivers for the global user and entity behavior analytics market include increasing need to prevent insider threats posed by users, growing requirement for real-time analytics by various organizations, and shortage of trained security professionals. Major progress in machine learning technology and data analysis techniques is also driving the global user and entity behavior analytics market.
The intellectual property rights & royalty management is estimated to grow from USD 4.28 Billion in 2016 to USD 12.68 Billion by 2021, at a CAGR of 24.2% from 2016 to 2021. The major forces driving the intellectual property rights & royalty management are increasing need for protection of IP assets from duplicity & monetizing the assets and continue need for the upgradation of IP rights & royalty solution from user.
The global Software Defined Storage (SDS) market is expected to grow from USD 4.72 Billion in 2016 to USD 22.56 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 36.7%. The main driving factors for the growth of the market include exponentially growing data volume across enterprises, rise in the “software defined” concept, and need for cost optimization in data management.
The single sign-on market is estimated to grow from USD 845.6 Million in 2016 to USD 1599.8 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 13.6% during the forecast period. Single sign-on services are gaining importance among the corporates as it adds to the convenience of the user while minimizing the IT administrator’s overhead by reducing instances of password loss. Hence, the adoption of single sign-on is increasing in various industries, which is one of the major growth factors of the market.
The Personal Identity Management market size is estimated to grow from USD 7.37 billion in 2016 to USD 12.76 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 11.61%. The increasing technology trend of Bring Your Own Device (BYOD) and Choose-Your-Own Device (CYOD) within organizations has introduced many security threats associated with identity thefts. As the frequency of sophisticated attacks on critical infrastructure are growing, the PIM market is expected to gain traction in the next five years.
The smart waste management market is expected to grow owing to the increasing number of smart city initiatives and strict government regulations. It is estimated to grow from USD 1.08 Billion in 2016 to USD 2.37 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.9%. The year 2015 has been considered as the base year for the study, while the forecast period is from 2016 to 2021.
The global public safety in-building wireless Distributed Antenna System (DAS) market is estimated to grow from USD 404.2 Million in 2016 to USD 1,740.1 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 33.9% from 2016 to 2021. The objectives of the report are to define, describe, and forecast the global public safety in-building wireless DAS system market on the basis of system components, services, business models, applications, and regions, to provide the impact analysis of market dynamics that describes the factors currently driving as well as restraining the growth of the market, along with their impact on short, medium, and long terms.
The service delivery automation market is estimated to grow from USD 1.82 Billion in 2016 to USD 6.31 Billion by 2021, at a high CAGR of 28.2% from 2016 to 2021. The market is driven by the need to go agile for faster time to service, and to replace or complement existing workforce with automation to deliver quality services. For service delivery automation vendors, tremendous opportunities lie in implementing advanced technologies, such as artificial intelligence and cognitive abilities, into their existing service delivery automation products. In case of service delivery automation solutions, one size doesn’t fit all.
The Low Power Wide Area Network (LPWAN) market size is expected to grow from USD 1.01 Billion in 2016 to USD 24.46 Billion by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 89.3% during the forecast period. Major growth drivers of the LPWAN market are increasing adoption of IoT/M2M devices, rising need of long range connectivity between these devices, and low power and low cost of LPWAN technologies. These factors are expected to shape the future of the LPWAN market.
The global content analytics market is projected to grow from USD 1.61 Billion in 2016 to USD 4.37 Billion by 2021, at a CAGR of 22.1% from 2016 to 2021, at a CAGR of 22.1% from 2016 to 2021. Content analytics are gaining a significant importance among the corporates, due to increasing usage of advanced analytics and competitive intelligence, and convergence of text analytics with big data. Hence, the adoption of content analytics tool in various industries is increasing, which is one of the major growth factors of the market.
Manufacturing analytics is a set of advanced analytical tools that help in generating insights from historical and present process data and identifying relationships and patterns from various manufacturing processes. The manufacturing analytics market size is estimated to grow from USD 3.14 Billion in 2016 to USD 8.45 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 21.9% from 2016 to 2021. 2015 is considered to be the base year while the forecast period is 2016 to 2021.
VOD in Hospitality Market to grow from USD 6.89 Billion in 2016 to USD 19.11 Billion by 2021, at a CAGR of 22.6%.The base year considered for the study is 2015 and the market size has been projected from 2016 to 2021. The report covers the hospitality market and usage of VOD solutions in it. This report provides brief introduction of VOD solutions and the current trends of using them in the hospitality market.
The cloud service providers focus on their competency improvement and planned advancement and for the same they have followed the merger and acquisition strategies. This cloud M&A partnerships tracker presents the most important merger and acquisition activities of 2014 and 2015 that have impacted the entire global cloud service marketplace. This cloud M&A partnerships tracker identifies major influential merger and acquisition activities done by key players in the cloud market.
The cloud collaboration market size to grow from USD 23.39 Billion in 2016 to USD 42.57 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 12.7% from 2016 to 2021. The emerging trend of mobility & BYOD and the need for secure & efficient solutions which can enhance the employee’s productivity are the key driving factors of cloud collaboration market. With the rising adoption of cloud-based solutions among SMEs, cloud collaboration market is expected to have considerable growth opportunities during the forecast period.
MarketsandMarkets forecast the Automated Fare Collection (AFC) market size to grow from USD 6.42 billion in 2016 to USD 11.95 billion by 2021, at a compound annual growth rate (CAGR) of 13.2%. The AFC system can increase commuting convenience inter and intra-city. AFC has the potential to widen customer bases for transport systems and establishments, because end-users gravitate towards solutions that make their lives easier. Overall, an AFC system provides ease to end-user for commutation and hassle-free payment collection system to service providers.
In today’s technology environment, increase in propagation of portable devices in enterprise and dependency of enterprise class applications is driving the need of deployment of workspace solutions in an enterprise. Workspace-as-a-Service (WaaS) is instrumental in ensuring seamless transfer of data and persona-centric applications across various devices located at geographically diverse locations.
The airport and marine port security market size is estimated to grow from USD 53.84 Billion in 2016 to USD 110.52 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 8.3%. The report aims at estimating the market size and future growth potential of airport and marine port security market across different segments, such as infrastructure, technologies, services, and regions.
Deal tracker provides trends that help clients to make business strategies for cloud services. For the same we have leveraged our understanding considering client needs and designed categories to classify the deals. Each of these categories is designed to support business leaders to understand trends, drivers, and growth area in the cloud market and plan for better strategies. This deal tracker will help vendors to navigate and perform analysis for cloud environment.
The global retail sourcing and procurement market is expected to grow from USD 2.58 Billion in 2016 to USD 4.83 Billion by 2021, at a CAGR of 13.4%. Factors such as the need for better visibility in sourcing related data and centralization of procurement processes are expected to encourage the growth of this market. In the retail sourcing and procurement market, training and support is the fastest growing service segment for the small and medium enterprises. This segment is expected to grow as the customers require specialized instructors who can carry out project executions with excellence. Moreover, training services are also offered through dedicated training centers that offer eLearning courses for managers, developers, and implementation teams.
The Managed Mobility Services (MMS) market is estimated to grow from USD 4.56 Billion in 2016 to USD 19.40 Billion by 2021, at a high Compound Annual Growth Rate (CAGR) of 33.6% during the forecast period. Emergence of various mobile apps to enable mobility among businesses has increased the usage of mobile devices among companies. This increased usage has further developed the need for Telecom Expense Management (TEM) among businesses as well as to manage enterprise mobility at a cost-effective manner. Consequently, various Managed Service Providers (MSPs) are leveraging this gap between demand and supply and have initiated delivering MMS solutions to businesses seeking cost-efficient bundled mobility solutions. There has been an increased BYOD trend due to the wide adoption of mobile devices and growing internet consumption across the globe.
The global satellite transponder market is estimated to be USD 15.55 Billion in 2015, and is projected to reach USD 20.10 Billion by 2020 at a CAGR 5.3% from 2015 to 2020. Increase in demand for new TV platforms and technologies coupled with demand for consumer broadband and corporate enterprise networks, and growth in KU-band and Ka-band services are factors driving the growth of the global satellite transponder market.
The data center security market is estimated to grow from USD 5.61 Billion in 2016 to USD 12.91 Billion by 2021, at a high Compound Annual Growth Rate (CAGR) of 15.36% during the forecast period. Network security is gaining a significant importance among the corporates due to the increasing number of untrusted devices accessing their networks. Hence, the adoption of NAC in various industries is increasing, which is one of the major growth factors of the market.