The global OpenStack market is anticipated to witness significant growth owing to rising adoption of cloud computing in organizations across the globe. OpenStack is a collection of open source software modules that provides a framework for creating and managing cloud infrastructure. It can be referred as the next stage of virtualization that helps in managing heterogeneous storage and network resources in organizations. In addition, the software is used to setup public and private cloud environments.
The global business intelligence market is predicted to witness substantial growth owing to rising demand for big data analytics across the globe. Business intelligence (BI) comprises a wide range of applications, tools, and techniques that allow organizations to analyze data obtained from sources and run queries against it. It is a process driven by presentation of prosecutable information and data analysis to support organizations in making better business decisions. In addition, BI can help corporates increase their operational efficiency and gain a competitive edge over other. It can also offer efficient resource allocation and inventory management.
The global secondary ticket market is anticipated to expand steadily in the years to come due to rising consumer disposable income and high spending on entertainment. Increasing demand for online ticketing due to growing internet usage can drive the market. Use of smartphones and tablets has augmented in recent years due to their flexibility and user-friendliness. Additionally, intensifying competition in the ticketing industry has increased the need among service providers to form long-term contracts with production houses, sports authorities, theaters, and local event planners.
The global drone market is anticipated to witness significant growth in the coming years owing to increasing use of drones for commercial and defense purposes. Drone is a flying robot that is controlled using remote control or self-automation software. It is also known as an unmanned aerial vehicle (UAV) owing to its ability to fly long distances without a human pilot aboard. Initially, they were used in military operations as a cheaper and safer alternative to manned aircraft.
The global internet of things market is projected to witness remarkable growth in the coming years owing to development of wireless networking technologies. Internet of things are a group of smart devices that connect applications, systems, and people to gather and share data. The technology has evolved from machine to machine communication (M2M), wherein machines are linked to each other through a network with no human interaction.
The global web content management (WCM) market is expected to witness strong growth owing to rapid digitization and high penetration of internet and mobile devices. Growing need for online data driven technologies to meet customer requirements can drive the market. Increasing demand for managing data growth effectively has encouraged the development of numerous advanced solutions, thereby positively influencing market growth.
The global wearable technology market is likely to witness momentous growth in coming years owing to smartphone penetration and internet mobility. Adoption of western lifestyle and rising consumer disposable income can increase the spending on consumer utilities, which is further expected to bode well for the market. Growth of tech-savvy population and preference for maintaining physical fitness is likely to increase the demand for the technology.
The global artificial intelligence market is anticipated to witness substantial growth in coming years due to rising demand for robotic machines. Artificial intelligence (AI) is a technology that shares various characteristics with human intelligence, such as reasoning, language understanding, learning, and problem solving. AI can be a device that perceives its environment and take appropriate actions to maximize its chances of achieving its goal.
The global online language learning market is anticipated to witness significant growth in coming years owing to rising demand for multilingual people in professional world. Preference for candidates who can understand and speak multiple languages is increasing among multinational companies. Such candidates are useful for the companies dealing or signing projects with global clients, wherein foreign language translation is needed. This may, in turn, increase the demand for online language learning in coming years. Online platforms help people to learn a language of their choice.
The global robotics market is anticipated to witness significant growth in coming years attributed to increasing use of robots to perform difficult and risky tasks. Robotics deals with the construction, operation, and use of robots or computer systems for their sensory feedback, control, and information processing. The technology is used to design machines that can substitute humans and their actions. Specialized training in mechanical and electrical engineering is required to design such machines. Sensors, effectors, and thermometer or barometer are the major components of automated machines. Sensors gather information of immediate surroundings.
The global intelligence surveillance and reconnaissance (ISR) market to witness momentous growth in the coming years due to rising demand for these systems by the governments to fight terrorism. Improvements in defense budget is also expected to support market growth in future. These systems are extensively adopted in military and defense applications. They help defense forces to collect information regarding the enemy and analyze it quickly. Inability to gather and analyze information related to enemy intentions, movements, and capabilities can be a huge risk to military operations.
The global quantum computing market is likely to witness robust growth in the coming years owing to rising incidence of cybercrimes across the world. Growing investments by the government in technological advancements can drive the market in the years to come. In addition, increasing adoption in machine learning, cloud and molecular structure research, smart manufacturing and logistics, and smart retail are expected to positively influence market growth. Increasing applications in sectors such as, defense, chemicals, healthcare, and banking and finance, are likely to support market growth in coming years.
The air purifier market is expected to witness substantial growth owing to increasing number of vehicles emitting harmful gases and rising multiple health problems in the population. Increasing cases of respiratory diseases due to rising pollution in metropolitan cities is a key driving factor in the market. Air purifier is a device that filters pollutants, such as allergens and ultra-fine particles, to provide fresh air. It is equipped with powerful and technologically advanced filters that efficiently remove contaminants from the air.
The global data storage market is anticipated to witness substantial growth in coming years owing to growing need to store consumer related information in organizations for future references. Data storage is the collection of methods and advanced technologies used to store information of an individual or organization. Data stored on these devices can be pictures, videos, and documents in various formats. Such information can be stored easily and accessed by using hardware devices on computers or accessing cloud database through internet.
The global web application firewall market is expected to exhibit significant growth owing to increasing incidences of web attacks. High penetration of internet and increasing use of web applications have increased the demand for solutions that can prevent different vulnerabilities. Rising cases of new threats and attacks, which could be attributed to technological advancements, are likely to increase demand for cyber security in organizations.
The global applicant tracking system market is estimated to witness substantial growth in the forthcoming years owing to growing need for better hiring decisions in organizations to reduce recruitment expenses. Applicant tracking system (ATS) is an application or software that manages recruitment process in an organization by collecting and sorting resumes available in database. ATS also collects resumes and provides online view of job seekers after indexing and scanning their resumes.
The global knowledge management (KM) market is expected to witness remarkable growth in the coming years owing to increasing need for customer satisfaction and retention. Competition among players has increased due to growing importance of customer satisfaction as a crucial business strategy, which is mainly dependent on quality of services offered by players. The solution is mainly based on knowledge creation, retention, and sharing. Companies are extensively adopting the KM solutions for data sharing across the organization for better decision making.
The global threat intelligence market is projected to exhibit strong growth owing to increasing cybercrimes and threat of data breaches, which can lead to financial losses in business. In addition, growing volume of data in organizations is a key driving factor in the market. Growing uniqueness of the attacking methods that makes information vulnerable is increasing the need for such solutions, which could, in turn, boost market growth in future. For instance, Intel Corporation developed 7th Generation Intel Core vPro processors to provide hardware-enhanced security.
The global wearables market is anticipated to witness significant growth in the coming years owing to high adoption of smart phones and increasing mobile applications. In addition, growing awareness regarding physical fitness among individuals and increasing purchasing power of consumers are expected to increase adoption of these products. High prevalence of chronic diseases and growing geriatric population are likely to drive the market. Wearables are the devices that enable users to monitor their health and physical activity in daily routine.
The global location-based services market is set to attain significant revenue in the forthcoming years. Rise in business applications and penetration of mobile devices are projected to drive the market. Location-based service or LBS provides access to data for the purpose of business, gathering information, and entertainment. Increasing adoption by sectors such as government and defense, healthcare, media and entertainment, and transportation is anticipated to further fuel demand.
The global unmanned aerial vehicle market size is poised to witness significant surge in terms of revenue during the forecast period of 2018 to 2025. UAV, sometimes referred to as drones, function without a human pilot aboard. They are often deployed in missions that are dangerous for manned operations. These devices are increasingly becoming an important component of modern warfare. Their operation can be either remote controlled, semi-autonomous, or fully autonomous.
The global e-learning market is anticipated to display notable growth in the coming years owing to recent developments in information technology and online education. With rapid digitization across the world, digital tools and platforms such as e-learning have been offering personalized and customized learning experiences. Increasing demand for e-learning, particularly in the early years of a child, has led numerous institutions to progressively transform traditional classrooms to technologically advanced digital class rooms, with a combination of software and hardware solutions.
The global Audio Video (AV) market is driven by the rising demand for advanced AV experience. Continuous efforts from manufacturing companies across the globe to introduce innovative AV products is also likely to boost the market growth in the forthcoming years. In addition, rising demand for various sources of entertainment is projected to contribute to the sales of AV products. Other factors that are expected to propel the market development include latest trends and R&D activities by manufacturing companies. Alexa skills, earcons, audio renaissance, and acoustic-based NFC are some of the latest trends in the global market.
The global blockchain market is estimated to witness a strong growth over the forecast period (from 2017 to 2025) on account of rising need for fast, secure, and efficient management of data and financial transactions. Increasing cases of bank frauds and continual R&D activities to explore potential of blockchain technology can also propel its adoption among various sectors, thereby boosting the market development in the coming years. Blockchain is a database, or distributed ledger, shared across private or public computing network.
The global construction software market is anticipated to witness significant growth over the forecast period on account of growing need for accurate cost estimation solutions for construction designs and projects. These software offer unique features allowing builders to perform complex calculations quickly and efficiently. In addition, they can create building designs in 2D and 3D formats. Increasing number of construction companies globally is also likely to fuel the demand for advanced tools, thereby augmenting market expansion.
The global cryptocurrency market is estimated to grow over the forecast period. Cryptocurrency or digital currency is a decentralized system operating on the blockchain technology. Blockchain is a database or distributed ledger shared across public or private computer network. Information stored in the ledger is encrypted and added as fresh block to the chain of historical records. Ease of transferring funds among two parties without any regulatory authorities like bank or financial service company is likely to fuel the demand for cryptocurrency in the coming years.
The global big data market is anticipated to expand at a rapid pace over the forecast period (2017 to 2025) owing to the technology’s ability to effectively manage large amounts of data while reducing overall costs. Increased number of Internet users, popularity of social media, and ability to easily share unlimited information over these platforms has resulted in generation of large amounts of data on a daily basis, which is projected to augment demand for big data solutions over the coming years.
China food robotics market size was valued at USD 109.4 million in 2016 and is expected to grow further over the forecast period. Increasing labor costs have paved the way for automation of manufacturing, processing, and packaging activities in the food sector in the region. Developments in automation technologies have resulted in cost effective and high-quality production with increased capacity. This is also anticipated to augment the market growth.
The U.S. electronic design automation (EDA) software market was valued at USD 2.76 billion in 2017 and is expected to grow at a lucrative growth during the forecast period from 2018 to 2025 The growth is primarily driven by the rising number of players integrating smart devices such as smartphones, telemetry devices, electrocardiogram, wireless communication equipment, automotive body electronics and other devices with system-on-chip (SoC) technology.
The India automotive radar market size was valued at USD 37.3 million in 2016. Growing number of accidents, rising need for vehicle safety, and increasing sales of premium cars are the key factors driving growth. Growing popularity of advanced driver assistance systems in India is expected to propel the market over the forecast period.
U.S. valve market was valued at USD 32.04 billion in the year 2017 and is expected to grow over the forecast period owing to growing demand from oil & gas industry. It is the most common and indispensable device of our current technology that controls the flow of a fluid. Rising need of automation from manufacturing and processing industries is driving the demand for predictive monitoring and maintenance.These devices play an important role in manufacturing process, linking directly with industrial production and manufacturing process.
The U.S. air purification equipment market was valued at USD 7.52 billion in 2017 and is expected to grow at a lucrative rate on account of increasing awareness regarding health hazards such as asthma, chronic obstructive pulmonary disease (COPD), and other lung diseases. The demand for this equipment is anticipated to increase over the study period on account of increasing number of patient diagnosed with allergic reactions.
In 2017, the U.S. bridge crane market was estimated to be USD 1.21 billion and is expected to grow over the forecast period. Bridge cranes are widely used for the displacement of heavy loads and are usually deployed in warehouse and manufacturing unit. The lifting component run parallel on the hoist and is directed manually, with wired controlled remote and/ or wireless remote. These are deployed in factory or warehouse premises for loading, off-loading, and handling of heavy materials.
The global Commercial telematics market size was estimated to be worth USD 17.54 billion in 2016
The global mobile satellite services market size is expected to reach USD 5.53 billion by 2024. The growing demand for communication devices which provide services such as sending and receiving data from any remote location is the key factor that has been driving the market.
The global advertising market has been on a consistent rise over the recent past, driven by a surge in marketing channels such as TV, radio, billboards, Internet, newspapers, mobile phones, and social networking sites. The primary use of advertising is to make customers aware of the presence of a specific product or service in the market. Advertising can be on a domestic as well as global scale. A number of leading companies have been promoting their products and services on an international level, the benefits of which can be reaped on a domestic scale.
The global military radar systems market size was estimated at USD 11.45 billion in 2016 and is anticipated to witness growth.
The global home automation market size was USD 17.48 billion in 2016 and is expected to grow over the forecast period. The market is being primarily driven by increasing awareness for less energy consumption, the rise in electricity prices, and advancement in technology.
The global software defined data center market size was valued at USD 26.33 billion in 2016 and is expected to grow owing to its benefits such as advances in networking capability, reduction in storage cost, virtualization and high flexibility.
The global automotive infotainment market size was valued at USD 15.93 billion in the 2016 and is expected to register robust growth owing to factors such as a rise in the sales of integrated infotainment services including smartphone connection on demand music.
The global automotive suspension market size was valued at USD 74.22 billion in 2016 and is expected to show lucrative growth over the forecast period driven primarily by growth of automobile industry.
The global E-book market size was valued at USD 15.71 billion in 2016 and is expected to witness significant growth on account of increasing digitalization of educational books and other genres of novels.
The global architectural services market is expected to grow at a considerable rate over the forecast period. Increasing trend of service outsourcing across various industry verticals is expected to drive the industry growth. Contractors rely on the government regulations, which help them deliver the right design to the right person at the right time. Thus, favorable government policies and focus on the sustainable development of the environment and urban designs are likely to fuel the market expansion.
The global Ethernet cables market size is expected to reach USD 1.42 billion in 2024. The growing demand for high-speed internet connectivity on account increasing implementation of automation across industries is expected to fuel the market over the forecast period.
The global library management software market was valued at USD 2.15 billion in 2016 and is anticipated to grow on account of increasing automation of the library functions which benefits convenient informational resources for management.
The global cloud security market size was estimated at 1.41 billion in 2016 and is expected to grow on account of increasing adoption of security solutions in large as well as small enterprises to protect data from illegal hackers.
The global automotive brake system market is primarily fueled by soaring demand for automobiles. This demand has been greatly spurred by global population explosion, better standards of living, rise of the middle class, and easier finance options. Mass production techniques used by automobile manufacturers and lower manufacturing cost has also boosted the production of passenger cars.
The global baby monitor market size was estimated at USD 929.4 million in 2016 and is expected to grow on account of increasing purchase of infant products by the increasing number of working parents.
An advanced method applied towards computer safety and protection that makes an effort to unite the endpoint security technology, user or system authentication as well as network security enforcement is termed as Network Access Control (NAC). It is basically a computer networking solution that employs an array of protocols.
Enlargement of numerous rocket launchers market will be a key trend for market growth. Changes in modern warfare tactics command the development of rocket systems that display the ability of launchaning dissimilar kind of missiles with admiration to caliber and range.
An information technology practice that basically manages the work related to organization, formatting, execution and distribution of data is called enterprise output management. The data utilized is said to be derived from enterprise/desktop application to any physical output media.
The increasing use of internet network all over the world coupled with advancements in this network such as 3G and 4G are the major factors driving the global mobile wallet market. Mobile wallet, also termed as electronic wallet, provides the reliability to the consumers to make payments and purchases electronically. Generally, mobile wallets provide the storage of credentials through cloud or on device, which can be later used to make payments.
The Near Field Communication (NFC) market is estimated to observe rapid increase across several application verticals over the forecasted period. The Near Field Communication (NFC) is a short-range wireless technology that allows to communicate between two or more devices on contact or when they are temporarily held together.
The global LED driver market is expected to be primarily driven by surging demand for LED lighting in households for more efficient energy consumption. Light Emitting Diode lighting is increasingly being used for various lighting applications which is driving its growth.
Increasing mining activities globally is estimated to drive the surface mining equipment market over the forecast period.
Global 3D scanning market size is expected to attain USD 4,900.7 million by 2020, growing at a CAGR of over 13% from 2014 to 2020. Rapid and accurate results along with high efficiency are expected to elevate 3D scanning market.
Global air traffic control equipment market size is anticipated to reach USD 4,000 million by 2020, growing at 4.2% up to 2020.
Global electric water heaters market size is anticipated to reach USD 29 billion by 2022, growing at 7.4% over the forecast period.
Global Non Destructive Testing (NDT) equipment market size is expected to attain USD 5.70 billion by 2022, growing at a CAGR of over 5% from 2014 to 2022. Application of this equipment for quality control as well as inspection is likely to witness significant growth.
Global Aerial Work Platform (AWP) truck market size is expected to attain USD 8000.0 million in 2022, growing at a CAGR of over 18% from 2015 to 2022.
A password is string of characters which allows user to access a system or computer. They provide line of security from unauthorized users and hackers. Password manager is software which enables users to manage and organize their passwords. Increasing requirement of password management by organizations and individuals is expected to drive the market growth. With the help of password manager the companies can manage and organize the passwords whenever they reset the passwords. Stringent rules and growing number of complex systems for changing and creating passwords is expected to boost the demand for password management among organizations.
The unified communication market is expected to witness substantial growth owing to increasing mobile workforce, mounting adoption of bring your own devices (BYOD) and emergence of unified communication as a service on a global level. Unified communication includes packing of non-real time communication (fax, voicemail, e-mail and SMS) services with real-time (video conferencing, call control, speech recognition, data sharing, voice and IP telephony, and instant messaging) services. It facilitates in optimizing production methods by reducing media dependency, latency and enables faster completion and information delivery. Increased penetration of mobile devices is expected to drive unified communication market growth.
Software applications carry back-office activities which maintain client services. OSS is usually utilized by service designers, engineering teams, service providers, network planners, architects. At the beginning, OSS were individual, mainframe-based systems planned for the constructive manual processes implicated in a telephone network's operation.