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Deep Learning Market - Currently witnessing a massive rise 2025
Global Deep Learning Market: Snapshot
The scope of deep learning technology traverses across the areas of artificial intelligence, machine learning, and big data analytics, yet is quite distinct from each of them. In recent years, the application of deep learning technologies has gathered much steam in developing autonomous systems that help make decisions and solve problems. Using the massive amount of data fed through neural networks, it has the potential to solve just about any problems in the way humans think and decide. Deep learning can be considered to be a very specific subset of machine learning tools that are focused on developing neural networks, which in essence expands the real-life applications of autonomous systems. Most popular applications of deep learning lies in the domain of business to consumer (B2C), and are said to benefit a wide range of industries that constantly seek to capitalize on these systems to drive consumer satisfaction.
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Self-driving cars using deep learning technologies have already gained traction with several technology behemoths and prominent car makers. This has been showing promising prospects in the automotive and automobile industries, with the option of driverless cars in the not-so-distant future. Another attractive application of deep learning is making sense of unstructured data emanating from a wide range of smart consumer products and services. With the proliferation of IoT devices, the volumes of organizational data is likely to soar to unmanageable levels in the coming years. Autonomous systems with the help of deep learning will churn these data and transform them to provide meaning information and finally into useful business insights. Driven by the advances in natural language processing, this will pave way for data-driven decisions.
Global Deep Learning Market: Overview
Deep learning is an approach to artificial intelligence, which is anticipated to revolutionize several industries. For example, deep learning is used for voice and image recognition by Google, promotion of what to watch next by Netflix, and highlighting related products to potential customers by Amazon. As the technology of deep learning evolves, many new applications are expected and consequently, the demand in the global deep learning market is projected for a robust growth rate during the forecast period of 2017 to 2025.
This report on global deep learning market is aimed at providing a comprehensive overview of the current scenario and based on an analysis of all the factors that may impact the growth rate, it estimates the future of the market until 2024. The report also picks-out a few trends that must be noted in order to stay ahead of the competition. It also contains a dedicated section on company profiles, wherein a number of key players have been studied for their market share, regional presence, and recent strategic developments. The global deep learning market can be segmented on the basis of application into image recognition, signal recognition, and data mining, whereas on the basis of offering, the market can be bifurcated into hardware and software. By end-use industry, the market can be categorized into aerospace and defense, automotive, medical, finance, retail, media and advertising, IT and telecommunication, and oil, gas, and energy. Geographically, the report studies the opportunities available in the regions such as North America, Europe, Asia Pacific, and the Middle East and Africa.
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Global Deep Learning Market: Trends and Opportunities
Increasing application of deep learning in several industries including advertising, automotive, and healthcare is the primary driver for the market. In addition to that, rigorous research and development that are currently underway are expected to evolve the technology and ability of the processing hardware in a way that other industries can enhance their production. Increasing need for discovering useful insights from available information, growing need for enhanced human and system interaction, and the demand for more knowledge about decisions and processes are other factors favoring the growth rate of the market. Conversely, the lack of experienced talent is expected to hinder the growth to a certain extent during the forecast period.
Currently, data mining is the most profitable application segment of the global market, which is a reflection of increasing usage of deep learning in cyber security, database systems, data analytics, and fraud detection. In terms of end-use industries, the medical segment is expected to expand at the best growth rate, wherein deep learning is used for processing medical images for diagnosis, drug discovery, and virtual patient assistance. In terms of application, the segment of image recognition serve maximum demand in the current scenario of the market. Deep learning are used for pattern recognition, code recognition, optical character recognition, facial recognition, and digital image processing.
Global Deep Learning Market: Region-wise Outlook
The region of North America serves the maximum demand for deep learning, which is a result of high adoption rate of new technologies in the developed countries of the U.S. and Canada. In these countries, government funding is readily available and several leading players have their headquarters. The country-wide market of the U.S. has been encouraging deep learning technology within organizations for safeguarding content from piracy and data breaches, cyber-attacks, preserve against data losses, and negotiate with web and network security threats.
Companies mentioned in the research report
Google, Inc., IBM Corporation, Microsoft Corporation, Facebook, Inc., and Qualcomm, Inc. are some of the prominent players currently operational in global deep learning market, while several new players with financial might are expected to join this evolving sector.
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Hyperloop Train Market - Strategize to uplift business 2025
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market. The demand is expected to be highest in emerging economies with massive rise in population and a worrying decline in space to accommodate the mounting population, required modes of transport, and need for effective transport technologies that are quick and cheap.
The market is expected to witness the most promising demand for passenger transport over the next few years. As passenger transport of massive scales can bring about several benefits to an economy, such as the reduced number of personal vehicles on the roads and reduced levels of pollution and the provision of economical transport option for the larger low-income population, governments across the globe are focusing on developments in this area.
While hyperloop trains are comparable to speed in transport options such as bullet trains and airplanes, their cost is comparatively very low, a factor which could make hyperloop trains more popular among consumers. The confluence of low cost and lighting fast-speeds could make hyperloop trains one of the future generations' most preferred transport option and could change the face of the transportation sector.
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Global Hyperloop Train Market: Overview
With rapid urbanization across the world, the need for quick and yet efficient modes of transportation is escalating. The concept of hyperloop train may be the answer to the increasing travel demands, as it promises to achieve speeds up to 800-mile-per-hour via transportation tube concept which was first introduced in 2013. Hyperloop Transportation Technologies has been developing this concept for past few years and the stocks of Elon Musk’s hyperloop high-speed transportation system are now available in AECOM. Due to never ending demand for transportation and travel across developed as well as emerging economies, several investors are coming forward with their financial might to make the concept of hyperloop train a reality in near future. Consequently, the global market for hyperloop train is expected to expand at a rapid rate during the forecast period of 2017 to 2025.
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Global Hyperloop Train Market: Key Trends
Support from several governments is the primary driving factor of this market. For instance, Slovakia has recently sealed an agreement with Hyperloop Transportation Technologies to build the concept in Europe, connecting the Vienna in Austria and Budapest in Hungary with the capital city of Bratislava. If everything falls into place, the travel to Vienna to Bratislava would only take 8 minutes while Budapest to Bratislava can be covered in 10 minutes. In a car, these two journeys currently consume an hour and two hours respectively. This significant time-saving is expected to encourage several other European countries to invest in the concept of hyperloop train and thereby augmenting the demand in the market for the same.
Along the same lines, the state of California in the United States is in process of permitting a five-mile test track in Quay Valley, with construction expected to begin sometime in 2017. Conversely, the concept of hyperloop train is yet to see the day of light, and its business model has not been completely realized. Moreover, the high cost associated with the construction is hindering the global hyperloop market from realizing its potential at the earliest.
Global Hyperloop Train Market: Market Potential
Though Hyperloop Transportation Technologies is yet to open for traditional funding, CEO and founder Dirk Ahlborn has revealed that more than 600 institutional investors are willing to provide financial support. With donations worth more than US$600 mn in the form of wind chambers, land assets, and other engineering tools, hyperloop train market is expanding its horizons, also gaining support from several governments in Asia Pacific and the Middle East. According to Ahlborn, first few passengers to travel via hyperloop test train would be in 2018 or 2019 in the U.S.
Global Hyperloop Train Market: Regional Outlook
Owing to substantial finances required for the realization of the concept, the market for hyperloop train currently has most of the demand coming from the developed regions of North America and Europe, although the country of Middle East is also adamant of improving their infrastructure and is expected to invest financially as well as allot land for hyperloop train during the forecast period. Co-founder and COO of Hyperloop Transportation Technologies, Bibop Gresta, says that six more countries in Middle East and Asia are ready to announce the adoption of the hyperloop train market in the next few months.
Global Hyperloop Train Market: Competitive Landscape
Hyperloop Transportation Technologies is currently the only company working on the concept, although given its usefulness, several other technology and construction companies are expected to jump on the bandwagon during the forecast period.
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Warehouse Robotics Market – Application-wise Business Strategy Forecast 2017 - 2025
Global Warehouse Robotics Market: Overview
Warehouse robotics is the use of robots to manage, control, and automate various warehouse operations with increased levels of performance and flexibility. The robots used in warehousing, also called autonomous mobile robotics are equipped with embedded intelligence and application software and serve several functions. They can be used to automate pick-and-package systems, or manage high-volume logistics, or can be specialized to perform high-speed sorting of parcels on the basis of their weights and dimension.
Over the past few years, warehouse robotics systems have gained increased popularity due to the global boom in e-commerce and its consequent impact on order fulfillment requirements. Warehouse robotics are characterized to handle a high volume of small, multi-line-item orders. The system has come to occupy a vital role in warehouse automation by offering a viable and cost-saving alternative to traditional human labor.
Global Warehouse Robotics Market: Key Trends
The warehouse robotics market is majorly driven by the rapid strides e-commerce has taken over the past few decades coupled with the need for bringing automation across supply chain processes. The pressing need for efficient warehouse operations across a diverse range of industries—automotive, electrical and electronics, chemical, rubber, and plastics, and F&B—has spurred the demand for robotics systems. In addition, the increased adoption of warehouse robotics by a large number of small- and medium-scale enterprises to reduce production costs and increase profitability has stimulated the demand for warehouse robotics.
Spiraling investment by several start-up firms and established providers of warehouse automation, combined with an upsurge in investments by venture capitalists, is expected to propel the robotics warehouse market. However, the high costs incurred in total automation may restrain many small retailers from adopting warehouse robotics for their processes. On the other hand, the emergence of multi-robot fulfillment systems to assist humans in transportation opens up lucrative avenues in the market along the forecast period.
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Global Warehouse Robotics Market: Market Potential
Grey Orange, a fast emerging multinational technology company headquartered in Singapore has intended to exhibit its Butler robots in Sydney at SMART Expo to be held from March 29–30 in 2017. The company that pioneers in advanced robotics and automation solutions for warehousing has helped various companies across Asia Pacific improve last-mile delivery in e-commerce, omnichannel retail, and supply chain sectors. The Butler robots are specialized to manage changing inventory profiles and order fulfilment patterns in real time resulting in enhanced productivity and unmatched accuracy. The event holds special significance for several supply chain and logistics industry players.
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The next-generation warehouse robots have an extensive demand across companies of all sizes who are looking to modernize their logistics operations. More recently, the company has bagged numerous orders by various retail chains in Hong Kong and India. One of the most significant demands that merits mention is the one from the Nitori Holdings Group, the largest furniture and home furnishing chain in Japan. The Butler systems will be installed at the Home Logistics Osaka distribution center to automate massive inventory storage and picking functions. Lately, there is an emerging demand for the warehouse robotics solutions from retailers in Europe and North America.
Global Warehouse Robotics Market: Regional Outlook
The Asia Pacific market is expected to witness substantial demand for warehouse robotics over the forecast period. The impressive growth in the regional market is fueled by the rising trend of online retail shopping and soaring number of startup technology players developing autonomous mobile robotics solutions. The burgeoning need for streamlining supply chains and shortening delivery times has stimulated the demand for warehouse robotics among small and medium-scale retailers in Asia Pacific. In addition, a burgeoning e-commerce sector is expected to propel the regional market in the coming years.
Warehouse robotics systems are anticipated to witness significant adoption in e-commerce warehouses in developed markets of Europe and North America. The regional market will be driven by increased adoption of multichannel supply chain strategy and constant advances in industry automation software.
Global Warehouse Robotics Market: Competitive Analysis
Several warehouse management providers are actively developing interactive and advanced mobile automation solutions that help early adopters optimize picking operations and gain competitive benefits. Prominent players eyeing for a sustained share in this market include ABB, KUKA, Yaskawa Electric Corp., ATS Automation Tooling Systems Inc., Amazon, Honeywell International Inc., Fetch Robotics, Inc., IAM Robotics, and Omron Corporation.
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Workplace Transformation Market – Innovative Technology Outpaced during 2017 - 2025
Global Workplace Transformation Market: Overview
Workplace transformation results when real estate, technology, and human behaviors are combined to create a flexible and collaborative environment that facilitate innovation and up efficiency while reducing costs. The need for workplace transformation has emerged from changing landscape of the modern day workplace where employees are stationed in different offices or working remotely with modern mobile devices. In addition, the competition is cutthroat, making organizations hard pressed to increase their revenues.
Workplace transformation enables companies to thrive in such a challenging backdrop by leveraging technologies to bring about speedy innovation in the products, services, and business models. It helps in the creation of an open workplace by using technology to support an anywhere, anytime work environment.
Global Workplace Transformation Market: Key Trends
A workplace transformation benefits an organization in ways more than one. It ups productivity and competitive advantage, brings down costs, and improves collaboration. Because of such unique perceived benefits the global market for workplace transformation is growing at an impressive pace. Other factors driving the market are new trends such as Bring Your Own Device (BYOD) and enterprise mobility, and changing nature of workplace. Besides, restructuring and reorganizing the organization, need to lessen operational expenditures, and demographic changes are other factors stoking growth.
Countering the growth in the global workplace transformation market are concerns over related data security and connectivity constraints.
Global Workplace Transformation Market: Market Potential
The global workplace transformation market holds out a lot of potential as it helps to increase competitive advantage and reduce costs, by using spaces more efficiently, for organizations. It fosters employee engagement, pushes up productivity, and allows hiring of people from any location. The different kinds of services it encompasses are enterprise mobility and telecom services, unified communication and collaboration services, workplace upgrade and migration services, service desk, field services, asset management services, desktop virtualization, application management services, and workplace automation services, among others.
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The segments poised for maximum growth in the market are enterprise mobility and telecom service. This is primarily on account of the swift proliferation of smart devices such as smartphones, tablets, etc. Trending practices, including mobile-first approach, Bring Your Own Identity (BYOD), and Carry Your Own Identity (CYOI) are also boosting uptake of enterprise mobility services.
The small and medium enterprises (SMEs) segment is predicted to account for maximum share in the global market for workplace transformation in the upcoming years due to rising adoption of BYOD and enterprise mobility solutions and lesser overall cost of ownership in the migration and upgradation from existing traditional legacy systems to digital workplaces.
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Global Workplace Transformation Market: Regional Outlook
Geographically, the key segments of the global workplace transformation market are Europe, North America, Asia Pacific, the Middle East and Africa, and the Rest of the World. Asia Pacific, among them, is predicted to dominate the market with maximum share in the near future mainly on the back of increasing demand for mobility solutions on account of robust adoption of smartphones and cloud-based solutions in the region.
Global Workplace Transformation Market: Competitive Analysis
To assess the competition prevailing in the global workplace transformation market, the report profiles players such as Accenture PLC, NTT Data Corporation, Cisco Systems, Inc., Atos, Hewlett Packard Enterprise Development LP (HPE), Capgemini, Cognizant Technology Solutions Corporation, HCL Technologies Ltd., Citrix Systems, Computer Sciences Corporation (CSC), Wipro Ltd., IBM Corporation, Tata Consultancy Services, Infosys, and Intel Corporation.
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Smart Grid Security Market – Massive Opportunities Forecast 2025
Global Smart Grid Security Market: Key Trends
Driving growth in the global market for smart grid security is the rising security needs on account of the deployment of modern sophisticated technologies such as the Internet of Things (IoT), web and cloud-based business applications and other information and communication technologies. These technologies may serve as attack entry points into the network. Besides, a large amount of data collected by smart meters and transferred to a utility company or consumer or service provider can also be breached into by hackers with ulterior motives.
Global Smart Grid Security Market: Market Potential
Going forward, the smart grid security market holds a lot of potential on account of efforts by authorities in creating smart meter standards to thwart hacking of consumer data. This has resulted in development of technologies to protect smart meters form cyber-attackers. Additionally, increasing thrust by authorities to adopt measures for safety such as data authentication and encryption is also creating opportunities in the market. In fact, encryption solutions are slated to clock maximum growth in the upcoming years.
Further, the market is witnessing the soaring popularity of cyber-security solutions to protect data, network infrastructure, and connected devices. This is because the growing push to upgrade to smart grid has resulted in a number of connected devices and applications leveraging the internet that are highly vulnerable to advanced persistent threats (APTs).
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The global market for smart grid security consists of both professional and managed services. Among them, the professional services contributes the most to the services segment. The energy and utility companies often do not have security experts and hence outsource these services to security vendors.
Global Smart Grid Security Market: Regional Outlook
Based on geography, the key regions of the global smart grid security market are Asia Pacific, North America, Europe, the Middle East and Africa, and the Rest of the World. North America, among them accounts for a leading share in the market because of swift pace of technological progress and early adoption of cyber security in the region. In the next couple of years, however, the market in Asia Pacific is slated to gain maximum share by outshining all other regions in terms of growth rate. This is primarily on account of the advancements in technology and massive opportunities across emerging power industries in developing Asia Pacific countries.
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Global Smart Grid Security Market: Competitive Analysis
To assess the competition prevailing in the global market for smart grid security, the report profiles vendors such as BAE Systems PLC, IBM Corporation, Cisco Systems, Inc., Intel Corporation (Intel Security), Siemens AG, Symantec Corporation, and Elster Solutions. Other stakeholders of the smart grid security market include security service providers, cloud service providers, national/state governments, utility companies, and IT service providers, among others.
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Managed Security Service Market – Value Chain Analysis Forecast 2025
Global Managed Security Service Market: Overview
Network security services when outsourced to a third-party service provider is known as managed security services (MSS). A company providing such a service is referred to as a managed security services provider (MSSP). A managed security service provider monitors and manages security of devices and systems. Some of the popular services provided by them include intrusion detection, managed firewall, virtual private network, vulnerability scanning, and anti-viral services.
Managed security service providers leverage high-availability security operation centers, either from their own in-house facilities or from other data center providers, to bring round-the-clock services. This helps to bring down the number of operational security personnel needed to hire, train and maintain proper security.
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Global Managed Security Service Market: Key Trends
Two of the unique perceived benefits of managed security service is the convenience and effectiveness in providing high level of security. This has resulted in their uptake among end users and will continue doing so in the near future as well, thereby stoking growth in the global market. Further, its ability in bringing down the expenditure on IT and enabling quick resolution of problems is also slated work in favor of its market’s growth.
Other factors stoking the market is the soaring uptake of public cloud and the shared responsibility model for security in the cloud. Besides, major dearth of skilled cyber security professionals along with the changing contours of cyber security is also pushing demand in the global managed security service market.
Global Managed Security Service Market: Market Potential
Among the different end users, the banking, financial services and insurance (BFSI) segment is seeing a rapid change in consumers behaviors which has resulted in massive usage of mobile applications and other online platforms. This has resulted in increased susceptibility to cyber-attacks. In December 2016, for example, the Russian central bank along with other private banks lost US$3 mn in cyber-attacks.
Such incidents have necessitated robust security which in turn has driven up demand in the managed security service market. Other end use sectors driving the market are government, healthcare, retail, telecommunication and information technology, energy and utilities, and industrial manufacturing, among others.
At the forefront of driving growth are the market is small and medium businesses that are increasingly ramping up their current business models and infrastructure to stay competitive. In the process they are increasingly taking to managed security services that helps them optimize business processes and enhance operational efficiency within their budgets.
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Global Managed Security Service Market: Regional Outlook
From a geographical perspective, currently North America is a key market. One reason why the market has seen good growth is the presence of many organizations – large, medium, and small – in the economically advanced nations of the U.S. and Canada. In the near future, the market for managed security service is predicted to grow fast on account of rising demand for mobile workforce and proliferating mobile devices and digital technologies.
Moving forward, however, the market is slated to lose some of its sheen because of the powerful emergence of the Asia Pacific market on the back of swift uptake of cloud-based managed security services by enterprises of different sizes.
Global Managed Security Service Market: Competitive Analysis
The global managed security services market is characterized by stiff competition owing to the presence of a copious number of small and large vendors. In order to bolster their positions further, established players are trying to acquire niche vendors. This would enable them to expand their product portfolio and up market shares. Some of the prominent vendors profiled in the report are IBM Corporation, Hewlett Packard Enterprise Company, Verizon Communications, Inc., AT&T, Inc., Symantec Corporation, and Rapid7, Inc.
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Deception Technology Market – Overview of advancements in innovation 2025
Global Deception Technology Market: Overview
In the past couple of years, the market has seen the emergence of many new technologies to tackle security issues more effectively. One such technology rapidly gaining prominence is called deception technology. It defeats malware by deceiving them in their own operation and thereby safeguards an organization against malware.
To elaborate a bit further, a deception network is one that acts as decoy that is installed to be compromised in the event of a cyber-attack. It helps track the activities of the intruder inside a network and hence enables network administrators and analysts bring about incident response analysis. It sends a warning to the original network and hence prevents it from being manipulated.
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Global Deception Technology Market: Key Trends
The main trigger for growth in the global market for deception technology is the alarming rise in instances of cyber-attacks such as malwares, zero day attacks, Distributed Denial of Service (DDoS), and Advanced Persistent Threats (APTs), among others. In response, organizations and governments across the world have substantially upped their expenditure on security measures such as deceptive technology to protect their networks and data centers against cyber-attacks.
Other factors driving the global deception technology market are stringent government regulations, swift uptake of cloud-based technologies, and presence of digital and online data. On the contrary, issues hobbling the market’s growth are improper knowledge of security measures, rise of pirated network security tools, and lack of cyber expertise to deal with the complex software.
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Global Deception Technology Market: Market Potential
Deception technology, still in its nascent stages, holds out a lot of potential for growth in the upcoming years. As a defense technology against hackers, it holds merit and larger organizations are already considering leveraging them to uncover threat in advance. Advanced deceptive technology solutions can save entities across the world almost trillions of dollars lost in cyber-attacks.
Sensing an opportunity in the market, cyber deception technology pioneer Illusive Networks mopped up funding from Microsoft Ventures recently for swift global expansion, investment in sales and marketing, and bolstering of engineering and support teams.
Going forward, the end use segments that are expected to generate significant demand for deception technology are the government, banking, financial services and insurance, and aerospace and defense.
Global Deception Technology Market: Regional Outlook
From a geographical standpoint, North America is a key region in the global market for deception technology. The region will likely advance at a good clip in the years to come powered primarily by the developed nations of the U.S. and Canada that are home to numerous well-entrenched and new vendors catering to both domestic as well as international clients. North America is followed by Europe in terms of market share.
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Asia Pacific is another crucial market. The rising investments in network security by a large number of IT, telecom, and banking companies based particularly in the countries of China, India, and Japan are predicted boost the market in the region. Another factor slated to push the demand for deception technology in the region is the increasing investments in smart cities which leverage Internet of Things (IoT) and cloud technologies, among others.
Global Deception Technology Market: Competitive Analysis
In order to gauge the competition in the global deception technology market, the report profiles companies such as Rapid7, Inc., LogRhythm, Inc., Attivo Networks, Illusive Networks, GuardiCore, Allure Security Technology, TopSpin Security, and Smokescreen Technologies. Other stakeholders in the market are solutions providers, IT service providers, value-added resellers, enterprise users, consulting firms, and security and access management technology providers.
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TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
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Data Science Platform Market – Noteworthy challenges 2025
Global Data Science Platform Market: Overview
A good data science platform helps to find and understand past work to make it easier for data scientists. They aid in exploring data on large machines without the need for DevOps and infrastructure setup and facilitate seamless use of new tools and packages. To put it simply, they combine statistics, data analysis, and associated techniques to understand and gauge data.
Entities these days are adopting data science platforms to crunch data from various sources. They enable businesses to uncover appropriate answers to different business-related queries by providing them with valuable insights. Further, they aid in sorting data for efficient network planning and network optimization through examination of historical data of transportation routes.
Global Data Science Platform Market: Key Trends
The main driving force in the global market for data science platform is organizations’ need for processes facilitating simpler use of data to uncover actionable insights to grow their businesses. This is turn has been necessitated by the swift uptake of public cloud, artificial intelligence, Internet of things (IoT) applications, machine learning, etc. Further, progress in big data technologies and massive growth in data have also fostered growth in the market.
On the other hand, factors that are countering the global market for data science platform are dearth of reliability on data science among enterprises and government rules and regulations.
Global Data Science Platform Market: Market Potential
Very recently, in March 2017, global internet giant Google acquired data science platform Kaggle. Together, the two companies will nurture a thriving community of machine learning developers and data scientists, providing them direct access to sophisticated cloud machine learning environment. More than 800,000 users make up the Kaggle community that range from companies such as Facebook to entities like NASA. They use the platform to crowdsource data analysis through competitions. They dole out prize money to the user that generates the best data models.
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Depending upon business functions, the global market for data science can be classified into marketing, logistics, sales, risk, operations, customer support, and human resources. Of these, the logistics segment is predicted to acquire maximum market share in the upcoming years by expanding at a breakneck pace.
End-use industries that are quickly adopting data science platforms are transportation and logistics, information and telecom, banking, financial services, and insurance, government and defense, healthcare and life sciences, energy and utilities, media and entertainment, manufacturing, retail and consumer goods, energy and utilities, etc.
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A data science platform can be installed either on-premise or on-demand. Among the two, the on-demand segment is forecasted to witness greater demand in the next couple of years because of the low cost of operation, ease of deployment, and improved scalability and integration.
Global Data Science Platform Market: Regional Outlook
Geographically, North America is a key region as it is home to important market players and a copious number of organizations who have been at the forefront of adopting new technologies. In the years ahead, however, Asia Pacific is will likely overtake all other regions in terms of growth rate because of increasing Foreign Direct Investments (FDIs), policy support for greater digitalization, smart city initiatives of different governments, and swift pace of industrialization. The fast-expanding developing economies in China, India, Australia, and New Zealand are mainly driving the market in the region.
Global Workplace Transformation Market: Competitive Analysis
Prominent names competing in the global data science platform market, listed in the report are Domino Data Lab, IBM, Wolfram, Microsoft Corporation, DataRobot Inc., RapidMiner Inc., Sense Inc., Dataiku, Alteryx, Inc., and Continuum Analytics, Inc.
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Data Governance Market - Tremendous Rate Over 2025
Global Data Governance Market: Snapshot
A strong data governance program is increasingly becoming crucial for companies these days. Agile ones are already expending time and money into data management and usage and designing processes for resolving data issues. They are leveraging high-quality data and well-managed information assets to uncover helpful insights and strategic decisions.
Effectively deploying data governance framework, however, is a challenging task. This is because of various complications related to data ownership, data inconsistencies across various departments, and the massive volumes of data. Notwithstanding such roadblocks, the global data governance market is slated to make gigantic strides on account of business entities’ rising need to capture and analyze data which is literally exploding. Data management primarily centers on keeping up with regulations and compliance deadlines and improving and sustaining strategic risk management.
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From a geographical standpoint, North America leads the market on the back of surging uptake of cloud-based machine learning and big data. Presence of a large number of key vendors in the region have also been driving expansion in the market. Europe is another major market that trails North America. Owing to the same reason as North America, the region will likely progress at a healthy clip in the next few years.
In terms of growth rate, however, Asia Pacific market will steal a march over all others. This is because the market in the region is still in a nascent stage. With fast-paced economic development, demand from mushrooming small and medium enterprises (SMEs) for cost-effective data governance solutions will likely up demand in the market.
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Global Data Governance Market: Overview
With data churned out by various organizations multiplying at a swift pace, most savvy ones are investing in the data governance market. Data governance is an essential component of data management and is comprised of data architecture management, data quality management, and reference and master data management, among others. To put it simply, data governance involves overall management of the usability, availability, integrity, and security of the data employed in an enterprise. A proper data governance program entails a governing body or council, a set of procedures, and a plan to accomplish those procedures.
Global Data Governance Market: Key Trends
The global data governance market is expected to show stellar growth with the pressing need to capture and analyze data expanding at a lightening pace on account of the rise of digital technologies such as Internet of Things (IoT), cloud computing and big data analytics. Data management involves keeping up with regulations and compliance deadlines and improving and sustaining strategic risk management. The increasingly data-driven nature of operations across every industry sector and the higher allocation on overall IT globally will bode well for the market in the near future.
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Major deterrents of the market are the complexity in classification of unstructured data and inconsistent business semantics. Further, different structures of regulatory policies and data address validation and quality issues are also restraining the market.
Global Data Governance Market: Market Potential
One factor that can slam the brakes on the swift pace of digital transformation that the world is currently witnessing is the absence of overall governance of the data used by a particular organization. Concerns over privacy, security and departmental silos are posing a challenge on sharing of data internally and externally, monetizing of data as well as the analysis of data for the benefit of the business and its customers.
For proper deployment of data governance, processes are defined concerning how the data is to be stored, archived, backed up, and protected from theft or other attacks. Data governance can be both on-premises and hosted or on-cloud. The different end-use industry verticals in the global data governance market that spell an opportunity of companies operating in the market are banking, financial services, and insurance (BFSI), telecommunications and IT, manufacturing, retail and ecommerce, healthcare and life sciences, energy and utilities, and government and defense.
Global Data Governance Market: Regional Outlook
Geography-wise, the key regions in the global data governance market are North America, Asia Pacific, Europe, the Middle East and Africa and the Rest of the World. Among them, North America holds a dominant position due to massive investments in cloud-based machine learning and big data, and the concentration of numerous vendors in the region. Europe is the next major region after North America and is expected to grow at a healthy clip in the upcoming years.
In the near future, however, Asia Pacific market – which is currently in a nascent stage – will likely clock maximum growth. At present, the region is in its initial growth phase which will likely pick up steam substantially on account of the rising demand from small and medium enterprises (SMEs) for cost-effective data governance solutions.
Global Data Governance Market: Competitive Analysis
To assess the competition in the global data governance market, the report profiles companies such as Informatica Corporation, IBM Corporation, SAS Institute Inc, Oracle Corporation, Collibra, Inc, SAP SE, TIBCO Software Inc., and Talend, Inc. The report sheds light on their key business strategies and trajectory so far, while also bringing to the fore their market shares and revenues.
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Unified Communication as a Service (UCaaS) Market - Highlighting key trends 2025
Global Unified Communication as a Service (UCaaS) Market: Snapshot
Unified communication as a service (UCaaS) can be understood as a delivery model on the cloud that offers a wide variety of communication services, including collaboration applications, through a third party. It characterizes an integrated and unified cloud platform through which enterprises gain access to all services they may need. Features that make it stand apart from traditional communication platform is elegance, simplicity, and scope. The drive for UCaaS primarily stemmed from the need to bring scalability and flexibility to core business processes. UCaaS comes with the integrated capability of communications platform as a service (CPaaS) and application programming interfaces (APIs). The vendors include providers that typically sell directly to buyer organization or may include third party providers; 8×8 Inc. and Microsoft offerings of UCaaS fall in the first category while AT&T and Verizon Wireless come under the second one.
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The variety of architectures under UCaaS can be grouped into single-tenancy and multi-tenancy. The single tenancy architecture features a software platform customized for the buyer. Considered as more secure and reliable as disruption in another customer’s data doesn’t affect a specific customer’s data, they are expensive. The onus for upgrades are put on the buyer organization. In contrast to this, in multi-tenancy approach, the software instance resides with provider’s data center and is shared. The architecture is more cost-effective with the provider tasked with making regular upgrades. A third approach, called hybrid one, is also possible where unified communications are placed on-premises for security concerns or for the management convenience, while other applications are pushed to the cloud.
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Global Unified Communication as a Service (UCaaS) Market: Overview
Unified Communications as a Service (UCaaS) is a delivery model in which provides deliver a variety of telecom or communications software applications or services over an IP network. UCaaS solutions are a part of the global industry trend towards cloud-based services. They are known for offering benefits such as high levels of availability, flexibility, and scalability for core business tasks. They include online meetings, messaging and presence technology, contact center services, video conferencing, and telephony. They are available as stand-alone services or integrated services in terms of delivery model.
Global Unified Communication as a Service (UCaaS) Market: Key Trends
The rapidly rising number of mobile workers worldwide is compelling enterprises to adopt collaboration tools that allow employees to effectively communicate with each other. This, in turn, is providing a fillip to the global (UCaaS). The growing trend of bring-your-own-device (BYOD) and proliferation of mobile devices are also working in favor of the market. On the flip side, the low awareness levels regarding UCaaS solutions and the advantages that these solutions offer are limiting their widespread adoption, especially across SMEs. However, market players are likely to capitalize on untapped, developing regions such as Asia Pacific and the MEA to boost their revenue generation in the coming years.
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Global Unified Communication as a Service (UCaaS) Market: Market Potential
Players in the global unified communication as a service market are paying high attention towards the launch of technologically advanced products in order to enhance their visibility in the arena, indicating towards a bright future of the market. To put this perspective, Amazon Web Services (AWS) in February 2017, launched a unified communication service called Amazon Chime. With this, the company promises to offer high-quality audio and video meeting solutions that are one-third of the cost of conventional solutions, without any ongoing maintenance or upfront investments. Another case in point is West Unified Communication Services, which in partnership with Dolby Laboratories Inc. has launched InterCall Reservationless-Plus with Dolby Voice in March 2017. This unified communication solution will offer superior sound quality and clarity of Dolby voice through Voice over Internet Protocol (VoIP) networks.
Global Unified Communication as a Service (UCaaS) Market: Geographical Segmentation
The key regions analyzed in the report are Asia Pacific, the Middle East and Africa, Europe, North America, and Latin America. North America will be a major revenue contributor during the forecast period. The presence of advanced network infrastructure and a large base of tech-savvy workforce is propelling the growth of the region. The increasing investments in sectors such as consumer goods, transportation and logistics, retail, banking, financial services, and insurance (BFSI) are also likely to boost the demand for UCaaS solutions in the region.
Asia Pacific is expected to offer promising opportunities during the same period. The growth of the region can be attributed to the growing inclination of large enterprises towards UCaaS solutions. Moreover, the increasing establishment of offices, contact center services, and manufacturing units in emerging economies such as India and China is augmenting the growth of the region.
Global Unified Communication as a Service (UCaaS) Market: Competitive Landscape
The leading companies operating in the global UCaaS market are Microsoft Corporation, Cisco Systems Inc., 8×8 Inc., Fuze Inc., and West Corporation. These players are paying high attention to the integration of applications and business processes. The trend of using social media for businesses is on a rise, and combining social media with UCaaS solutions allows efficient customer relationships and strengthens marketing. As a result, players are focusing towards building ecosystems that can make social business integration captivating for enterprises. Other prominent global participants in the market are IBM Corporation, Alcatel-Lucent SA (Nokia Networks), Hewlett-Packard Development Company, Verizon Communications, and Avaya Inc.
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Test Automation Market - Imminent scope of 2025
Global Test Automation Market: Overview
The emergence of test automation has been the biggest boon to the IT sector. This software development tool has thoroughly helped the sector in optimizing test processes, reducing time, and bringing in efficiency. Functional testing, web services testing, compatibility testing, load testing, security testing, mobile testing, and QA process design among others. The growing expenditure on development of the IT sector for improving their software services, QA, and other applications are expected to nurture the growth of the global test automation market.
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Global Test Automation Market: Drivers and Trends
The research report states that the rapid development of mobile applications is expected propel the growth of the global market in the recent years. Uptake of mobile applications in communications, multimedia travel, and utilities is expected to fuel the rise of this market in the near future. Analysts expect that the usage of cloud applications is also expected to improve the revenue earnings for the global test automation market. The growing awareness about deploying test automation amongst the IT sector has been a definite positive influence on the overall market.
Despite the steady market drivers, the global test automation market is likely to face a few challenges such as high operating costs and high initial investments. However, emergence of newer and better technologies such as cloud computing services, big data analytics, and data virtualizations are expected to offer several lucrative opportunities to the global market.
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Global Test Automation Market: Market Potential
Mobile Labs Introduced its deviceConnect™ Hosted Cloud, a solution for QA professionals and developers to efficiently manage their mobile testing lab. This will allow organizations to pick a well-suited mobile device cloud that caters to their need. The deviceConnect Hosted Cloud and deviceConnect On-premises Cloud and are private cloud-based mobile application testing platforms. The primary aim of these products is to ensure simple management of multiple devices for the purpose of enterprise application testing. The only difference between the two is who is managing these devices and where are they being hosted.
Global Test Automation Market: Regional Outlook
In terms of geography, the global test automation market is fragmented into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. Of these, North America is projected to lead the global market in the coming years due to a growing base of QA units in various organizations in a wide range of industrial verticals. Analysts expect that functional testing segment will dominate the region in the near future. Additionally, the rising investments in upgrading the current automation testing tools is also projected to drive the regional market’s growth.
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North America will also aid the progress of security testing segment during the forecast period. The high adoption of mobile applications and Software as a Service (SaaS) on cloud will be the primary growth drivers for test automation in North America. Analysts expect that Asia Pacific will also offer lucrative growth opportunities to the global test automation market in the near future as the IT sector witness tremendous growth. The growing investments of foreign firms in the IT sector of various developing countries of Asia Pacific are expected to propel the regional market’s growth.
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Automated Passenger Counting and Information System Market - Channel Development Trend 2025
Global Automated Passenger Counting and Information System Market: Overview
Electronic machines that keep a tab on the number of passengers that aboard or alight a vehicle are known as automated passenger counting systems. They are fast supplanting schedule checkers that were earlier leveraged to manually gather ridership information. Automated passenger counting and information systems are efficient and inexpensive as they do not require hiring additional manpower.
Passenger information system, again, is an electronic information system that supplies real time passengers’ information, including predictions about arrival and departure times of transport means.
Overall, automated passenger counting and information system aid in making changes in services in keeping with changing ridership patterns, establishing budgets, and securing funding.
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Global Automated Passenger Counting and Information System Market: Key Trends
Driving demand in the global automated passenger counting and information system market is the pressing need to accomplish fleet optimization and demand for smart telematic solutions. Other factors stoking the market are technological progress in the domain of passenger information systems and swift pace of urbanization. The unique perceived benefit of automatic passenger counting is the accuracy of the information as they deploy sensors to detect ridership patterns.
One drawback of automated passenger counting and information systems is that they are expensive to install. This has been acting as a roadblock to their swift sales particularly in the price sensitive emerging economies. However, the quick return on investment that they provide, will likely help overcome such challenges to the growth in the market.
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Global Automated Passenger Counting and Information System Market: Market Potential
The global market for automated passenger counting and information system is making gigantic strides and going forward too is slated to hold on to the momentum. The dynamic pricing of tickets and bettering existing real-time passenger information systems have been creating substantial opportunity in the Asia Pacific.
The market for automated passenger counting and information system can be classified based on different parameters. Based on type, for example, the market for automated passenger counting and information systems can be divided into passenger information display systems, emergency communication systems, passenger information announcement systems, infotainment systems, and passenger information mobile applications. Depending upon components, the market can be segmented into sensors, multimedia displays, and networking and communication devices. Further, depending upon the mode of transport, the market can be segregated into roadways, waterways, railways, and airways.
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Global Automated Passenger Counting and Information System Market: Regional Outlook
Geography-wise, the global market for automatic passenger counting and information system can be divided into Asia Pacific, North America, Europe, and the Rest of the World comprising of Latin America, Middle East, and Africa. Government mandates supporting deployment of such systems in North America, has made it a key market. Europe is another key market. The installation of automated counting and information system helps improve transit time efficacy and helps to resolve passenger’s complaints quickly. This has driven their demand in first world countries of North America and Europe.
Global Automated Passenger Counting and Information System Market: Competitive Analysis
To assess the competition prevailing in the global market for automated passenger counting and information system market, the report profiles players such as Eurotech SpA, DILAX Intelcom GmbH, iris-GmbH, Urban Transportation Associates, Inc., and HELLA Aglaia Mobile Vision GmbH. Prominent names in the passenger information system includes Alstom, Cisco Systems, Inc., Siemens AG., GE Transportation, Hitachi, Ltd., and Huawei Technologies Co. Ltd.
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Frequency Synthesizer Market - Competitive landscape 2025
Global Frequency Synthesizer Market: Overview
Frequency synthesizers are a type of electronic circuit commonly used for creating multiple frequencies based on an oscillator or a timebase that is single fixed. Most modern devices make use of some form of frequency synthesizers, as they are an inseparable part of technologies such as televisions, radio receivers, CB radios, mobile telephones, and short range transmitter-receiver systems. The common concepts that a frequency synthesizer makes use of are frequency mixing, direct digital synthesis, frequency division, and frequency multiplication.
The uses of frequency synthesizers in modern electronics can be found in the industry verticals of telecoms, measurement and research, and the defense and aerospace sectors. One of the primary requirements of a frequency synthesizer is to obtain a signal of high purity and stability from a standalone emitter while providing a low phase noise performance, a large output frequency range, and a high switching speed.
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Global Frequency Synthesizer Market: Key Trends
Several factors are currently responsible for the overall growth of the global frequency synthesizer market, the leading one among which is the increasing use of frequency synthesizers in mobile technology. The demand and usage of smart phones and mobile phones is increasing at a very high rate across the world. This large scale usage of cellular devices is creating the need use frequency synthesizers to generate purer signals. The demand volume in the global frequency synthesizer market is also likely to continue increasing over the coming years, thanks to the growing use of ICs that make use of radiofrequencies.
The global frequency synthesizer market is, however, being restrained by factors including the high cost of research-based frequency synthesizers.
Global Frequency Synthesizer Market: Market Potential
Current breakthroughs in the global frequency synthesizer market are largely associated with the incoming advancements in mobile networking technologies, or 5G technologies. While field testing and standardization of 5G technologies is being conducted at lightning fast rates, players in the global frequency synthesizer market are yet to identify worthy avenues of investment. Nokia, for instance, is claiming a massive potential in the upcoming waves of 5G technologies melded with the IoT boom. The use of advanced frequency synthesizers can be a perfect fit to puzzle that is the provision of everything-as-a-service. Nokia is eyeing the potential of using advanced networking technologies in the Asia Pacific region, which already has a large scale of users for mobile networking and cloud based technologies.
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Global Frequency Synthesizer Market: Regional Outlook
Geographically, the global frequency synthesizer market can be segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The overall growth rate of the market is expected to continue being strongly influenced by the high rate of developments and implementation in North America. Europe is showing a similarly high rate of demand for frequency synthesizer equipment. Meanwhile, the MEA and Asia Pacific regions are likely to show a phenomenal rate of growth in demand within the global frequency synthesizer market over the coming years. Most key countries in these regions are showing a massive upswing in the advancements of telecom infrastructure, fueling the demand for the latest networking technologies.
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Global Frequency Synthesizer Market: Competitive Analysis
Currently, the leading players in the global frequency synthesizer market include Texas Instruments Inc., Ultra Electronics, National Instruments, Analog Devices Inc., and Qorvo, Inc. The overall competitive index in the global frequency synthesizer market is expected to remain high over the coming years, primarily due to the imminent arrival of 5G technologies. The growing implementation of high-speed data services over mobile devices will continue bringing in new waves of innovations and investments from players of all sizes in the market. Other factors prominent in the global frequency synthesizer market’s competitive landscape include mergers and acquisitions, business expansions, partnerships, product innovations and new product launches.
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Wireless Power Transmission Market - Progression of recent trends 2025
Global Wireless Power Transmission Market: Overview
The concept of wireless power transmission or transfer dates back to the mid-18th century when Nikola Tesla, a prominent contributor to the design of alternating current (AC) power supply systems, first worked on wireless power transmission projects. Wireless power transfer allows to lose the limitation of a power cord while keeping electrical devices constantly charged. Solar cells, resonance, and microwaves are the three principal systems employed for wireless power transmission. This concept is expected to resolve the complicated energy crisis concerning the entire world to this day.
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Global Wireless Power Transmission Market: Key Trends
The global wireless power transmission market is expected to rise at a sturdy CAGR between 2017 and 2025 on account of certain factors propelling the growth. The requirement of effectual charging systems and surging consumer preference for wireless connectivity and the convenience offered are prognosticated to raise the hopes of vendors operating in the global wireless power transmission market. In the years to come, the global wireless power transmission market could witness the rise of the magnetic resonance technology making way into the introductory phase and inductive technology into the growth phase.
Smartphone giant Samsung Electronics Co., Ltd. headquartered in South Korea possesses a powerful line of smartphones that flaunt the capabilities of a wireless charging receiver. Some of the popular smartphone series other than Samsung Galaxy that carry wireless charging capabilities are Google Nexus and Motorola Droid. The adoption in a range of smartphones in the inductive wireless power transmission market is predicted to hoist smartphones as a larger receiver application.
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Lack of common standards raising compatibility issues and trade-offs between safety, efficiency, and range of wireless power transmission is prophesied to injure the growth of the global wireless power transmission market to some extent. However, opportunities in various segmentation markets such as integrated implementation and induction technology are predicted to compensate for the effect of deterrents in the global wireless power transmission market.
Global Wireless Power Transmission Market: Market Potential
A demonstration test of a motor-assisted bicycle was initiated in Kyoto Prefecture by a team functioning in the Kyoto University. The bicycle is capable of wirelessly receiving charge by merely parking it facing a charger stand. The front wheel of the bicycle is docked in a rack where power is drawn in the form of microwaves with the help of a battery pack and a receiver. The testing began early in March 2017. A differentiating aspect noticed is that the charging is only done late night to avoid potentially harmful contact of humans with microwaves equaling a 100 watts. The charging is designed in such a way that it stops as soon as anybody comes within a particular range.
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Global Wireless Power Transmission Market: Regional Outlook
The international wireless power transmission market is anticipated to see Asia Pacific receive a telling traction in terms of market size due to the snowballing presence of a significant number of consumer electronics industries. Countries such as South Korea, India, Japan, and China could lead the Asia Pacific wireless power transmission market from the front. Swift urbanization and aggressively increasing population are the other growth aspects of Asia Pacific in the wireless power transmission market. Researchers also point out Asia Pacific being a mammoth manufacturing hub of consumer electronics as another factor augmenting the progress of the regional wireless power transmission market.
Global Wireless Power Transmission Market: Competitive Landscape
TDK Corp., Integrated Device Technology, Inc., Texas Instruments Inc., Witricity Corp., Qualcomm Inc., and Samsung Electronics Co., Ltd. could be the leading companies in the worldwide wireless power transmission market.
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Video Surveillance Market - Overview and Analysis by Type 2025
Global Video Surveillance Market: Overview
Video surveillance is a monitoring system, which includes the use of video camera for observing an area or building. The signals from the video camera are transmitted to receivers via telephone links or cables forming a closed circuit. Video surveillance systems can be IP, analog, or biometric. The hardware involved in video surveillance, include camera, monitor, storage device, servers, and cables. There are various types of software used in these systems such as video analytics and neural network and algorithm. Some of the end-user sectors are commercial, residential, industrial, institutional, and military and defense.
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Global Video Surveillance Market: Key Trends
The growing number of criminal incidents and terror attacks are compelling public as well as private sectors to ensure safety of their infrastructure. The rising awareness of safety and security is resulting in greater demand for video surveillance systems across the world. The global market for video surveillance is largely benefitting from the burgeoning demand for IP cameras due to their declining prices and improving functionalities. Moreover, with the massive amount of data generated every day, the implementation of the cloud technology is increasing, which in turn is working in favor of the market.
The need for high bandwidth for data transfer, on the other hand, is creating a dent in the global demand for video surveillance systems. Besides this, the violation of privacy due to these systems is attracting high criticism from people across the world, which in turn is negatively impacting the market. Nevertheless, the incorporation of big data video analytics and Internet of Things (IoT) in video surveillance is likely to provide a significant boost to the growth of the market in the near future.
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Global Video Surveillance Market: Market Potential
Several governments worldwide are acknowledging video surveillance for its role in reducing crime and ensuring social stability. They are enacting laws that mandate the deployment of video surveillance systems. For instance, the government of China in May 2015 announced that by 2020, all their key public areas will be covered with video surveillance cameras. Similarly, Germany passed a law in March 2017 that will promote the deployment of video surveillance in stadiums, stations, and shops and also allow police to wear body cameras.
Video surveillance systems have higher adoption rate across large enterprises. To make it popular across all sizes of enterprises, several companies are focusing towards developing systems that are SMEs-centric. A case in point is Comcast Business, which launched a video surveillance platform, SmartOffice for small to medium-sized businesses (SMBs) in March 2017.
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Global Video Surveillance Market: Geographical Segmentation
Asia Pacific will command a substantial share in the market throughout the forecast period. Improving economic conditions, surging crime incidents, and rapid urbanization are translating into the greater uptake of video surveillance systems in the region. Early adoption of novel technologies such as wireless connectivity and megapixel cameras coupled with rapid advancements is also fuelling the growth of APAC. Moreover, the declining prices of IP cameras and the domicile of key players are promoting the adoption of these systems in the region. All these factors together are likely to help the region in experiencing healthy growth during the same period.
Global Video Surveillance Market: Competitive Landscape
Key players in the global video surveillance market are paying high attention to product launches to stay ahead. They are investing large sums in research and development activities to expand their product portfolio. Some of the prominent vendors in the market are Axis Communications AB, Hangzhou Hikvision Digital Technology Co., Ltd., Zhejiang Dahua Technology Co. Ltd., Bosch Security Systems Inc., Hanwha Techwin Co. Ltd., Honeywell Security Group, NICE System Ltd., Panasonic System Networks Co., Ltd., Pelco by Schneider Electric, and Infinova Corporation.
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Security Solutions Market - Largely encouraged the growth 2025
Global Security Solutions Market: Overview
The increasing focus on developing a secure economy has augmented the demand for topnotch security solutions. The global market for security solutions has been thriving in the wake of rising defense budgets, improving investments in research and development, and growing need for keeping the IT industry safe. The near future is expected to see increasing usage of biometrics-based and sensor-based security systems to make locking mechanism personalized. Use of IoT and cloud services will also play an instrumental role in defining the trajectory of the global security solutions market during the forecast period.
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Global Security Solutions Market: Key Trends
Security solutions are developed for product manufacturers, trade distributors, software solution providers, system integrators, network providers, research organizations, housing developers, investors, and among others. The growing need for security solutions in order to safeguard property, rights, and individuals is expected to fuel the growth of the overall market. The increasing developments in the fields of IoT, defense, construction, and technology among others are also projected to favor market growth. The increasing sophistication in the nature of attacks, whether internal or external, have boosted the uptake innovative security solutions.
Global Security Solutions Market: Market Potential
Companies are focusing on delivering better systems that are reliable and worth the investment in the long run. In complete tandem with this consumer sentiment, Elbit Systems of America, LLC showcased its border security solutions at a recent expo. The latest solutions offer command and control, comprehensive surveillance systems, unmanned aircraft systems, and broadband systems. The company spokesman stated that the new solutions are expected to offer a better situational awareness at the border. The latest sensors, modular architecture, and the flexibility to integrate technical and physical solutions have allowed to company to provide better solutions over the years.
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Global Security Solutions Market: Regional Outlook
From a geographic point of view, the global security solutions market can be divided into the Americas, Europe, Asia Pacific, and Rest of the World. Of these regions, the Asia Pacific security solutions market is expected to soar in the coming years. The improving disposable incomes and changing infrastructure with development of highways, railways, and airports are projected to make a significant contribution to the regional market. The demand for security solutions across Asia Pacific are expected to remain in the coming years as the external and internal threats remain on the rise. The increasing incidence of thefts, robberies, and crime are also estimated to encourage the sales of various types of security solutions in the region during the forecast period.
The Americas and Europe are also expected show a positive growth in the global security solutions market. The high adoption of technology in these regions is assessed to be the prime growth driver for both the regional market. Additionally, the higher value of human life in the developed regions is also projected to make a serious contribution to the revenue of the overall market.
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Key Players Mentioned in this Report are:
Some of the leading players operating in the global security solutions market are Zhejiang Dahua Technology Co., Ltd., Control4, ASSA ABLOY AB, Honeywell International, Inc., Bosch Security Systems, Tyco International Ltd (U.S.), UTC Fire & Security, ADT Corp, Home Security Systems, Alarm Monitoring, Video & Energy Management., Allegion, Godrej & Boyce Manufacturing Company Limited, Ingersoll Rand Solutions, Nortek Security & Control LLC, SECOM Co., Ltd, Hikvision Digital Technology Co. Ltd, Stanley Security Solutions, and Axis Communications AB.
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Land Mobile Radio Market - High growth segments forecast 2025
Global Land Mobile Radio Market: Overview
Land mobile radio systems (LMRS) are wireless communication system used by terrestrial users in vehicles or on foot. These systems can be hand portable or mobile. The technologies that are implemented in LMRS are analog and digital. Some of common applications of these systems are retail, transportation, mining, home security, and military and defense. These systems are used by dispatched services, public works organization, and first responder organizations such as fire, ambulance services, and police.
Global Land Mobile Radio Market: Key Trends
One of the primary drivers for the global land mobile radio (LMR) market is the gradual shift from analog to digital LMR. Merits such as high standards of performance, less power consumption, log display, high bandwidth, and better quality coverage are prompting manufacturers and users to shift towards digital LMR. The pressing need for efficient critical communication operations is also stirring up the demand for LMR. Moreover, these radios find application in various industries, such as transportation and military and defense. Thus, the robust growth of these sectors is positively impacting the growth of the market.
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On the other hand, the limitation pertaining to the spectrum bandwidth of LMR is restricting the market from realizing its utmost potential. Moreover, the high capital required for developing LMR is inhibiting the growth of the market. The emergence of Internet of Things (IoT) coupled with the proliferation of IoT devices is emerging as a major challenge for players in the global land mobile radio market.
Global Land Mobile Radio Market: Market Potential
With the birthing of alternative communication systems, the much of the attention is on technological advancements for the global land mobile radio market to thrive. Market players are pouring funds into research and development activities to introduce products that are innovative and advanced and help them in sustaining. For instance, in June 2015, Icom America introduced a new transceiver, IC-F5122DD/IC-F6122DD, that oprates as a data modem and enables remote system management and field monitoring. The radio offers superior solutions to sectors such as transportation and utilities. It can be used for communication to one or multiple units with individual, groups, and all calls.
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Global Land Mobile Radio Market: Geographical Segmentation
The regions studied in the research report are Asia Pacific, Latin America, North America, Europe, and the Middle East and Africa. North America will account for a substantial share in the global market. The extensive research and development activities in the field of radio communication and the high demand for technologically advanced land mobile radios are bolstering the growth of the region. The presence of a large number of key players and research institutes in countries such as the U.S. and Canada is providing an edge to North America over other regions.
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Global Land Mobile Radio Market: Competitive Landscape
The majority of players in the global land mobile radio market are focusing towards technological advancements and product innovation to enhance their visibility in the market. Key players are looking upon mergers and partnerships as viable growth strategies to stay ahead in the market. Some of the prominent participants in the global LMR market are Motorola Solutions Inc., Harris Corporation, JVCKENWOOD Corporation, Raytheon Company, Thales SA, Hytera Communications Corporation Limited, RELM Wireless Corporation, and Sepura PLC.
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TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
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