The U.S. fiber optics market size accounted for USD 2.65 billion in 2017 and is expected to grow at a steady pace through 2025. Fiber optic cables are replacing metal wires owing to their higher efficiency and reliability. These cables are majorly used for data transmission as their output is only minutely affected by internal and external environmental factors. Remote sensing technique allows it to transmit data over remote locations. This is expected to drive the U.S. fiber optics market over the forecast period.
Projected to grow at a CAGR of over 16%, wires and cables market is expected to witness significant growth over the forecast period owing to growth across the power transmission & distribution sector.
The business process management (BPM) software market is anticipated to witness significant growth on account of growing demand for business process automation.
The DSL network equipment market is expected to grow significantly over the forecast period owing to the increase in the number of internet users globally. Moreover, as the internet service providers are growing rapidly in terms of subscriptions
The global B2C e-commerce market is projected to expand at a healthy CAGR over the forecast period. The concept of B2C e-commerce evolves around organizations that sell their products and/or services online directly to the end-users. Increasing number of mobile and internet users in the emerging markets is one of the major factors driving the market growth. In addition, rising popularity of mobile commerce (m-commerce) along with advanced payment processing and shipping options is also likely to augment the market expansion.
The global messaging security market size is expected to rise at a considerable pace over the forecast period. Increasing popularity of cloud-based security messaging is one of the primary factors escalating the growth of the market. In addition, vendors are pouring significant funds into R&D activities, which is helping the market gain significant momentum over the coming years. Rising need from various companies for instant messaging solutions that provide seamless security, full audit trails, identity controls, and administrative control is estimated to propel the market over the coming years.
The global integrated systems market is expected to witness substantial growth over the forecast period on account of the consumer demand for abridged deployments and less standalone solutions.
The global LiDAR market was valued at approximately USD 260 million and it is projected to grow at an approximate CAGR of over 12% over the forecast period of 2016 to 2024.
Cloud-RAN (Radio Access Network) is also known as centralized-RAN or C-RAN. It facilitates the expansion of mobile networks by addressing issues pertaining to their capacity and coverage. C-RAN reduces operational expenses and offers better network security. It also makes the network agile and flexible. Apart from these, Cloud-RAN also enables software control and management, and network self-configuration.
The increasing need for appropriate & protected data storage & administration digital age is expected to increase the demand for personal and entry level storage (PELS) systems which is going to expel the market growth. The global PELS market is projected to increase at lucrative pace with the growing amount of data and complication in managing it. Increasing concerns about data security, backup and storage are also going to significantly impact the PELS market over the forecast period.