LeapZipBlog: Ashish Verma

Ashish Verma's blog

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Professional Services Automation Market Report Potential Growth, Share, Demand and Forecast to 2022

September 24, 2019 by Ashish Verma  

According to a new market research report ”Professional Services Automation Market by Solution (Project Management, Resource Management, and Opportunity and Lead Management), Service, Deployment Type (On-Premises and Cloud), Organization Size, Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, The PSA market size is expected to grow from USD 716.5 Million in 2017 to USD 1,244.8 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period.

Growing need for enhanced mobility among service consultants, and for scalable and flexible PSA solutions is a major factor driving the growth of the PSA market. Moreover, the increasing adoption of PSA solutions by Small and Medium-sized Enterprises (SMEs) is expected to drive the PSA market.

Browse 67 Market Data Tables and 31 Figures spread through 135 Pages and in-depth TOC on "Professional Services Automation Market by Solution (Project Management, Resource Management, and Opportunity and Lead Management), Service, Deployment Type (On-Premises and Cloud), Organization Size, Vertical, and Region - Global Forecast to 2022"

Major Key Players

The major vendors in the Professional Services Automation market include Autotask Corporation (US), Changepoint Corporation (US), FinancialForce (US), Microsoft (US), Atlassian (Australia), ConnectWise (US), Kimble Applications (UK), Mavenlink, Inc. (US), Oracle (US), SAP (Germany), Upland Software (US), Projector PSA (US), Project Open Business Solutions S.L (Spain), and Kaseya Limited (US).

The Asia-Pacific (APAC) market is expected to grow at the highest CAGR during the forecast period. The APAC region comprises key economies, such as China, India, Japan, Singapore, Malaysia, and Australia. The region is expected to have the highest adoption rate of PSA solutions, owing to the presence of a large number of SMEs which are inclined toward the adoption of cloud-based PSA solutions. The increase in adoption of cloud technologies and the presence of a broad customer base are driving the adoption of PSA across enterprises in APAC.

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The audit and accountancy vertical is expected to be the fastest growing vertical in terms of the adoption of PSA during the forecast period. The efficient management of finances is very crucial for any organization to run business successfully. PSA solutions facilitate audit and accountancy agencies, firms, accountants, and auditors to ensure consistent and quality services delivered to clients and to remain competitive in the global market. PSA solutions facilitate organizations to focus on financial success and stability.

The cloud deployment type is expected to grow at a higher CAGR during the forecast period. The cloud-based PSA solutions offer organizations with subscription-based pricing. Due to the easy deployment of cloud and its growing awareness of flexibility among organizations across all industries, its market size is expected to grow at a higher rate. Cloud-based PSA solutions empower organizations to meet the varied needs of customers and to reduce overall cost. Cloud-based solutions offer enterprises various advantages, such as disaster recovery, project monitoring, and economies of scale. PSA solutions can be easily integrated with the customer relationship management (CRM) system to facilitate organizations to share business data and process, in order to automate quote to cash operation.

The Small and Medium-sized Enterprises (SMEs) segment is expected to grow at a higher CAGR during the forecast period. Organizations with less than 1,000 employees are categorized as SMEs. SMEs face specific challenges, such as the requirement of domain-specific technical personnel and skilled workforce, budget constraints, scalability, management control, and limited economies of scale. The increasing usage of cloud-based offerings among various organizations has led to the implementation of PSA solutions among SMEs as well. The deployment of PSA on the cloud has helped organizations reduce their expenditure on IT infrastructure and its maintenance, as cloud-based PSA solutions are less expensive than the on-premises solutions.

Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/professional-services-automation-market-232788827.html

Key Target Audience For Professional Services Automation Market

  • Professional Services Automation vendors
  • Project management solution providers
  • Resource management solution providers
  • Analytics vendors
  • Project accounting solution providers
  • Value-added resellers

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: sales@marketsandmarkets.com

MnM Blog: https://mnmblog.org/

Visit Our Website: https://www.marketsandmarkets.com

 

 

 

Transportation Management System Market Emerging Trends and New Technologies Research 2022

September 24, 2019 by Ashish Verma  

According to a new market research report ”Transportation Management System Market by Transportation Mode (Railways and Roadways), Component (Solution Type, Hardware, and Services), Deployment Mode (Hosted and On-premises), Application, and Region - Global Forecast to 2022", published by MarketsandMarkets™, The global transportation management system market is expected to grow from USD 78.20 Billion in 2017 to USD 202.14 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 20.9%.

The growth of the global transportation management system market is driven by various factors, such as the revolution of industries due to digitization, rapid urbanization, and rising congestion in the metro cities. The growing population and congestion in urban areas are in turn increasing the demands for transportation management systems.

Browse 111 market data Tables and 56 Figures spread through 161 Pages and in-depth TOC on "Transportation Management System Market by Transportation Mode (Railways and Roadways), Component (Solution Type, Hardware, and Services), Deployment Mode (Hosted and On-Premises), Application, and Region – Global Forecast to 2022"

Major Key Companies

Major vendors offering transportation management solutions and services include SAP SE (Germany), Oracle (US), Manhattan Associates (US), Descartes (Canada), JDA Software (US), CTSI-Global (US), Inet-Logistics GMBH (Austria), BluJay Solutions (UK), MercuryGate International (US), and Efkon AG (Austria).

The regional markets in North America and Europe are expected to be the main revenue contributors in the transportation management system market as these regional markets are the first to experience the benefits offered by transportation management systems. These regions also host the major market players and are open to technology-related innovations. The emerging economies in the Asia Pacific (APAC) and Middle East and Africa (MEA) regions offer several untapped and unexplored opportunities for transportation management vendors. Among the regions, APAC is expected to witness the fastest growth rate in the transportation management system market during the forecast period due to increasing digitalization of the industries situated in the region.

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On the basis of applications, the transportation management system market is broadly classified into consumer goods and retail, parcel and package, fire station, hospital, travel and tourism, mining, and others. The others segment includes food and beverage, and electronics and electricals. The fire station application segment is expected to grow at highest CAGR during the forecast period. This growth is mainly attributed to the increasing deployment of transportation management systems in fire stations to improve the response time in emergency situations. The various solutions that are integrated into transportation management systems include notification and paging, video and alarm management systems, fire station alerting systems, and record management systems.

Among the components, the services segment is expected to grow at the highest CAGR during the forecast period. Under services, the support and maintenance services segment offers the essential tools needed for the timely maintenance, monitoring, and application updates of transportation management systems. The support and maintenance services segment is expected to have a promising future as the transportation management market is evolving rapidly and needs organized pre and post-sales services, such as design and implementation, maintenance, and overall training and system support. Hence, service providers are focused on understanding buyer demands and needs to deliver dedicated services.

On the basis of deployment modes, the transportation management system market is segmented into hosted and on-premises deployments. Out of the 2, the hosted deployment mode is expected to grow at the highest CAGR during the forecast period. Organizations adopt on-premises solutions to have full control over enterprise infrastructure and assets and to ensure robust security. The large costs associated with on-premises implementations along with the expenses involved in IT expansion may hinder the adoption of on-premises solutions in Small and Medium-Sized Enterprises (SMEs).

Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/transportation-management-market-232446179.html

Key Target Audience for Transportation Management System Market

  • Government agencies
  • Transportation management system solutions/services vendors
  • Application developers
  • Information Technology (IT) managers
  • System integrators
  • Managed networking solution providers
  • Application end-users

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: sales@marketsandmarkets.com

MnM Blog: https://mnmblog.org/

Visit Our Website: https://www.marketsandmarkets.com

AI in Retail Market Competition to Heat up With Innovative Technologies Going Mainstream

September 24, 2019 by Ashish Verma  

According to a new market research report "Artificial Intelligence in Retail Market by Type (Online, Offline), Technology (Machine Learning and Deep Learning, NLP), Solution, Service (Professional, Managed), Deployment Mode (Cloud, On-Premises), Application, Region - Global Forecast to 2022", published by MarketsandMarkets™, The AI in retail market size is expected to grow from USD 993.6 Million in 2017 to USD 5,034.0 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 38.3%. The key factors driving the growth of the AI in retail market include the increasing need to streamline omnichannel retailing and customer turnover.

Browse 61 Market Data Tables and 32 Figures spread through 138 Pages and in-depth TOC on "Artificial Intelligence in Retail Market by Type (Online, Offline), Technology (Machine Learning and Deep Learning, NLP), Solution, Service (Professional, Managed), Deployment Mode (Cloud, On-Premises), Application, Region - Global Forecast to 2022"

Major Key Companies:

The major vendors providing AI in retail solutions and services include Microsoft (US), Google (US), IBM (US), NVIDIA (US), Intel (US), Oracle (US), Sentient Technologies (US), Salesforce (US), Amazon Web Services (US), SAP (Germany), Inbenta Technologies (US), Nuance Communications (US), SAMSUNG (South Korea), Narrative Science (US), Daisy Intelligence (Canada), Infosys (India), Wipro (India), Happiest Minds (India), MicroStrategy (US), Dynamic Yield (US), IPsoft (US), Appier.com (Taiwan), ViSenze (Singapore), Manthan Software Services (India), and Optoro (US).

The significant need to understand the customers well and improve the end-user experience for shoppers has increased the adoption and acceptance of AI-based solutions and services among retail businesses. Retailers are implementing AI-based solutions to streamline their retail operations and increase productivity. AI is assisting them in generating more revenue, analyzing and identifying future risks, and deriving strategic insights for improved decision-making. These factors are driving the demand for AI technologies in the retail industry. 

Growing awareness about the benefits of AI-supporting business models and the capabilities of machine learning, deep learning, and natural language processing technologies are offering major opportunities for retail businesses. To differentiate themselves and offer the best customer experience, retailers are utilizing the capabilities of the AI technology. This is a major driver for the increased adoption of AI in the retail industry.

Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36255973

Compatibility issues of AI solutions with the existing systems of businesses and the integration of AI technologies with the current legacy systems are matters of concern. For the AI solutions to run successfully, effective integration of AI technologies with customers’ IT infrastructures and systems is significant. This is restraining the growth for AI in retail market.

Among the technologies, the machine learning and deep learning segment is expected to be the highest contributor to the AI in retail market, owing to the surging demand for value-added management and cost-effectiveness. Additionally, the increasing need of organizations to improve productivity while maintaining customer relationships and the brand name is another vital factor influencing the technology adoption. The collective capabilities of these technologies assist retailers in recommending the next action for refining the retail strategy.

Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. The AI in retail market is expected to grow significantly in this region, due to improved awareness and the emergence of sophisticated technologies backed by AI. There is a strong future economic value for businesses, customers, governments, and investors in APAC. Additionally, high market growth is expected, due to technological advancements and mandatory regulations imposed by government regulatory entities in the region for facilitating the adoption of the best-in-class technologies and standards.

Companies offering AI in retail solutions are constantly involved in devising new strategies to maintain a competitive market position. For instance, in May 2017, Google announced a multitude of new elements for Google Assistant, and Google Home. The launch of Google assistant as an AI platform will further help retailers to connect with customers and boost sales. Moreover, in October 2017, Capillary Technologies launched AI based, computer vision and machine learning powered product named as “VisitorMetrix for retail stores. Additionaly, in Nov 2016, Amazon Web services launched 3 AI services namely Amazon Lex, Amazon Ploy, and Amazon Rekognition. . Due to the growing competition, companies are using several AI-capable solutions to personalize product offerings.

Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-ai-retail-market-36255973.html

Key Target Audience:

  • AI in retail solutions, platforms, and service providers
  • Research organizations and consulting companies
  • Information security directors/managers
  • Government organizations
  • Consultants/advisory firms
  • Managed service providers
  • AI system providers
  • Venture capitalists, private equity firms, and startup companies
  • AI in retail application builders

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: sales@marketsandmarkets.com

MnM Blog: https://mnmblog.org/

Visit Our Website: https://www.marketsandmarkets.com

 

Data Center Cooling Market Emerging Trends and New Technologies Research 2021

September 24, 2019 by Ashish Verma  

According to a new market research report ”Data Center Cooling Market by Solution (Air Conditioning, Chilling Unit, Cooling Tower, Economizer System, Liquid Cooling System, Control System, and Others), Service, Type of Cooling, Data Center Type, Industry, and Region - Global Forecast to 2021” , published by MarketsandMarkets™, The data center cooling market is estimated to grow from USD 7.12 Billion in 2016 to USD 14.28 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 14.95%.

Data center cooling solutions can improve the overall efficiency of data centers by lowering energy and operational costs. The data center cooling market is projected to witness decent growth due to the advantages provided by these solutions in cooling high-power density data center facilities.

Browse 66 market data tables and 43 figures spread through 147 pages and in-depth TOC on “Data Center Cooling Market by Solution (Air Conditioning, Chilling Units, Cooling Towers, Economizer Systems, Liquid Cooling Systems, Control Systems, and Others), Service, Type of Cooling, Data Center Type, Industry, and Region - Global Forecast to 2021”

Major Key Players

The report also encompasses different strategies, such as mergers & acquisitions, partnerships & collaborations, and product developments, adopted by major players to increase their share in the market. Some of the major technology vendors include Schneider Electric SE (France), Black Box Corporation (U.S.), Nortek Air Solutions, LLC (U.S.), Airedale International Air Conditioning Ltd. (U.K.), Rittal GmbH & Co. KG (Germany), STULZ GmbH (Germany), Vertiv Co. (U.S.), Asetek (Denmark), AdaptivCOOL (U.S.), and Coolcentric (U.S.).

Data centers and related technologies are witnessing tremendous technological advancements. Liquid cooling and economizer-based systems are witnessing advancements which are also anticipated to propel the growth of this market. Moreover, liquid cooling technologies may be able operate at low servicing and maintenance costs. Liquid cooling data centers are also seen adopting specially engineered fluids that have enhanced heat reduction capabilities in data centers.  Moreover, economizers that can utilize ambient air for cooling are expected to reduce the overall cost of operation.

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The liquid cooling solutions segment is estimated to grow at the fastest rate in the data center cooling market during the forecast period.  Organizations are facing an increasing need for reliable and cool high server density data center facilities. Liquid cooling data center vendors can take advantage of this requirement by providing direct cooling solutions such as immersion cooling that are environment friendly and harmless to electronic equipment.

Maintenance and support services provide an efficient model for maintaining liquid coolants in the data center cooling infrastructure. Moreover, these services are concerned with the provisioning and operation of control systems for monitoring of data center related cooling infrastructure. Maintenance and support services are expected to grow at the highest CAGR during the forecast period. In case of liquid cooling, large organizations increasingly require assistance to maintain and replace the coolants used within the data centers liquid cooling solutions. Vendors assist organizations to fulfill the requirement for such services by providing enhanced offerings that can easily handle all types of liquid cooled infrastructure.

Mid-sized data center cooling providers are helping data center operators handle their data center cooling requirements efficiently. The segment is estimated to grow at the highest CAGR during the forecast period.  These organizations are rapidly adopting data center cooling solutions as they provide increased scalability, low energy consumption, and cost effective solutions. Vendors can develop specific solutions targeted towards mid-sized data centers to improve their position in the data center cooling market.

The government and defense industry is expected to grow at the highest rate from 2016 to 2021, in the data center cooling market. Government and defense agencies across the globe are increasingly requiring cooling solutions for their data centers that can sustain harsh environments. Data center cooling solutions, including liquid cooling, are an effective alternative due to which they are expected to provide new growth avenues for vendors targeting this segment.

Asia-Pacific (APAC) is estimated to grow at the highest CAGR during the forecast period. APAC offers potential growth opportunities due to the increasing investment in advanced technologies and requirement of energy efficient and green cooling solutions by large enterprises.

Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/data-center-cooling-solutions-market-1038.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: sales@marketsandmarkets.com

MnM Blog: https://mnmblog.org/

Visit Our Website: https://www.marketsandmarkets.com

 

 

Internet of Things (IoT) Market Emerging Trends and New Technologies Research 2022

September 24, 2019 by Ashish Verma  

According to a new market research report "Internet of Things (IoT) Market by Software Solution (Real-Time Streaming Analytics, Security Solution, Data Management, Remote Monitoring, and Network Bandwidth Management), Service, Platform, Application Area, and Region - Global Forecast to 2022” ", published by MarketsandMarkets™, The IoT market size is expected to grow from USD 170.57 Billion in 2017 to USD 561.04 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.9% from 2019 to 2022.

The major forces driving the IoT market include the adoption of cloud Platform as a Service (PaaS). Moreover, the advent of advanced data analytics and data processing is also fueling the growth of the IoT market, as advanced analytics and data processing are useful in deriving results from the high volumes of data collected using the machine-to-machine communication.

Browse 60 market data Tables and 48 Figures spread through 162 Pages and in-depth TOC on "Internet of Things (IoT) Market by Software Solution (Real-Time Streaming Analytics, Security Solution, Data Management, Remote Monitoring, and Network Bandwidth Management), Service, Platform, Application Area, and Region - Global Forecast to 2022"           

Major Key Players

The major vendors in the IoT market include Google Inc. (US), Hewlett Packard Enterprise (US), Amazon Web Services (US), Bosch Software Innovation GMBH (Germany), General Electric (US), Intel Corporation (US), SAP SE  (Germany), Cisco Systems Inc. (US), Microsoft Corporation (US), Oracle Corporation (US), International Business Machine (IBM) Corporation (US), and PTC Inc. (US).

Early buyers will receive 10% customization on reports.

The advent of advanced data analytics and data processing techniques have enabled the analysis of high volumes of IoT data. The integration of IoT projects is implemented in 3 different stages: analysis of high volumes of data, identification and integration of the relevant data, and reporting of the data. Analytics and data processing is useful in increasing the uptime of smart sensors and devices, accelerating the business output, and detecting and controlling the errors with the sensor data.

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The smart retail application area is estimated to grow at the highest CAGR during the forecast period owing to the increasing use of Radio Frequency Identification (RFID) tags in products. The retailers are using IoT devices to track and analyze their store’s traffic. This analysis helps the retailers understand the shopping patterns of their customers. Moreover, it helps customize the in-store shopping experience of customers and provide them with a rich digital marketing inside the store. 

The increase in number of connected devices is expected to drive the growth of the security solution software component during the forecast period. This software allows users to securely manage IoT devices with shared liability, prevents device tampering, automatically detects devices and gateways, performs routine maintenance, and collects diagnostics to keep the device configuration secure.

Asia Pacific (APAC) is estimated to be the fastest-growing region for the IoT market during the forecast period. This region consists of emerging economies, such as India, China, Japan, and Singapore. The high adoption rate of new technologies has made this region lucrative for the IT industry. The growth of the IoT market in this region is also supported by the government policies. Countries such as India, China, and Japan have incorporated IoT in their government policies. For instance, Japan has established the IoT Acceleration Consortium (ITAC), with the motive of creating a suitable environment for developing and adopting IoT. Moreover, APAC has a large number of smart city projects, which further supports the growth of the IoT market

Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/internet-of-things-market-573.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: sales@marketsandmarkets.com

Visit Our Website: https://www.marketsandmarkets.com