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Software Defined Data Center Market Growth Perceives A Fabulous Growth Prospects; Unleashed Market Insights Till 2023

February 19, 2020 by Market-NewsFlash  

Software Defined Data Center Market Growth

The trend to adopt digitalization as the future has also ushered in the virtualization of infrastructure which can expand the global market by leaps and bounds. At its core is software-defined data center (SDDC) where deployment, provisioning, monitoring, and data center resource management take shape with the assistance of automated software. Market Research Future (MRFR) reveals in a well-articulated study that the global market is all set to experience a staggering 16% CAGR during the forecast period (2017–2023).

Drivers and Restraints:

Be it BFSI, retail, telecom & IT, or healthcare, SDDC has penetrated one and all by proving itself efficient in handling the massive bulk of data and reducing the cost considerably. In only a few years, since its inception, cloud technology has taken a quantum leap forward, and its dynamic evolution can be attributed to software-defined data center market. The sector is also gaining traction from emerging economies as its effective connectivity made it a market rage.

However, data security threat is an issue that mars the otherwise ideal image of the SDDC. A serious data breach can leak confidential data and endanger a client’s credibility. But this cannot bog down the market for long as various holistic security measures are being implemented by end-user industries to provide clients a sound service.

Industry News:

The advancing market has enough potential to experience continual development in technology. For instance, Dell Technologies is planning to launch a new hyper-converged infrastructure (HCI) advancements, a leap forward in technology, to simplify customer IT transformations. Dell EMC, VMware, and Pivotal, on the other hand, are planning to launch a joint cloud platform for solutions.

Segmentation:

The global software-defined data center market can be segmented by services, network solution, data center type, and vertical.

Based on services, the market includes managed services, consulting and assessment services, integration, deployment, and migration services. The managed services sub-segment holds the most significant market share due to the adoption of SDDC in IT & telecom, manufacturing, and retail. Consulting and assessment services can also register a staggering growth during the forecast period.

On the basis of network solution, the market comprises software-defined storage (SDS), software-defined compute (SDC), and software-defined networking (SDN). SDS is spearheading the market and is expected to witness a stellar rise in the foreseeable future.

Based on data center type, the market consists mid-sized and large-sized. The market is getting its momentum mostly due to the large-sized enterprises, and the segment can register healthy growth in coming years.

Vertical-based segmentation includes retail, healthcare, telecom & IT, BFSI, government, manufacturing, and others. BFSI holds the lion’s share in the market. However, telecom & IT is also accelerating and give other segments steep competition in the forthcoming years.

Regional Analysis:

Geographically, the SDDC market comprises namely North America, Asia Pacific (APAC), Europe, and Rest-of-the-World (RoW).

North America is currently the torchbearers. The region has multiple factors that play in its favor such as a tendency to adopt the latest technologies, robust infrastructure, and better research and developmental facilities. End-user industries are also willing to embrace this technology for a swifter workflow.

Some of the key players in the SDDC market are EMC Corporation (U.S.), HPE Co (U.S.), VMware Inc. (U.S.), IBM Corporation (U.S.), Cisco Systems, Inc. (U.S.), Microsoft Corporation (U.S.), Fujitsu, Ltd. (Japan), NEC Corporation (Japan), Hitachi, Ltd. (Japan), Citrix Systems (U.S.), and others.

More Information@ https://www.marketresearchfuture.com/reports/software-defined-data-center-market-4908

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Asset Tracking Software Market Report To Be Complemented By Growth In E-Commerce Industry 2023

February 19, 2020 by Market-NewsFlash  

Asset Tracking Software Market Report

The surging level of digital information is motivating the asset tracking software market. Reports that inspect the information and communication technology industry have been presented by Market Research Future, which makes reports on industry verticals that evaluate the market expansion and prospects. The market shows potential to capture USD 11 Billion in earnings at 15% of CAGR by 2023.

The trend of ‘bring your own devices’ is expected to create a favorable growth pace in the market for asset tracking software. The implementation of the cloud solution in the market is enabling enterprises to concentrate on core business competencies. Moreover, the incessant increase in dependency over diverse networks is expected to boost the demand for asset tracking software market further. Also, the need to improve overall business productivity is expected to create better opportunities for development in the forecast period.

Segmental Analysis

The segmentation of the asset tracking software market is conducted on the basis of components, deployment, organization size, and vertical. On the basis of component, the asset tracking software market comprises of software and service. On the basis of deployment, the asset tracking software market includes on-premise and cloud. Based on organization size, the asset tracking software market is segmented into small & medium enterprises and large enterprises. On the basis of vertical, the asset tracking software market consists of government, BFSI, retail, automotive and manufacturing. Based on the regions, the asset tracking software market is segmented into Asia Pacific, the Americas, Europe and the Rest of the World.

Detailed Regional Analysis

The regional investigation of asset tracking software market is being studied for regions such as the Asia Pacific, the Americas, Europe and Rest of the World. The North American region is credited for the highest market portion in asset tracking software market due to the incidence of foremost players in the region. The region comprises of significant retail chain companies and software developers which is a substantial reason that is boosting the market in the region. Nations such as the US and Canada back the huge amount of revenue in the asset tracking software market in the region. The APAC region is estimated to be increasing at a maximum CAGR in the asset tracking software market globally. The growing e-commerce industries in the region are capitalizing hugely in asset tracking tools to expand business efficiency and productivity which is one of the substantial factors advancing the market in the region.

Competitive Analysis

The global currencies are envisaged to become steady, and as a result place exert a gainful impact on the market. The revival of investment inflow of capital is projected to add force to the market’s escalation in the forecast period. The market is being highlighted by the active forces that are exerting an impressive influence. The advance in the mining of natural resources is additionally sustaining market expansion. The development of alternate raw material assets is likely to further focus on the supply demands in the market. The advancement in the effectiveness of production amenities is strengthening the market’s expansion pace in the approaching years. Also, innovations in technology are projected to apply a productive stimulation on the enrichment of the market. The control of governmental plans on the market is inspiring further evolution of the market. The revolutionizations carried out in the logistic chain are anticipated to create encouraging possibilities for growth in the approaching period.

The important competitors operating in the asset tracking software market globally are Stanley Black And Decker, Inc. (U.S.), Zebra Technologies Corporation (U.S.), Honeywell International, Inc. (U.S.), Mojix, Inc. (U.S.), Datalogic S.P.A (Italy), Ubisense Group Plc. (U.K.), Trimble Inc. (U.S.), Impinj, Inc. (U.S.) and others.

More Information @ https://www.marketresearchfuture.com/reports/asset-tracking-software-market-4439

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
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Big Data Security Market to Clock a CAGR of 16.9% in Between 2017 and 2023: Predicts MRFR

February 19, 2020 by Market-NewsFlash  

Big Data Security Market Trends

Big data security market is rapidly strengthening its market position by infiltrating diverse sectors with the help of digitalization. Cyber attacks have become more intense and severe, spurring the demand for big data security. The global big data security market is expecting to take a leap from its current market valuation of USD 14 bn with a 16.9% CAGR during the forecast period (2017–2023), predicts Market Research Future (MRFR). The extensive study further incorporates drivers that can make the market more intense such as the growing demand for data mining and analytics, need for security integration, and on-cloud deployment. Big data security service further includes encryption, data masking, access control, security intelligence, data governance, and others. Its growing popularity in sectors such as banking, financial services and insurance (BFSI) travel & logistics, healthcare, government, automotive, and IT & telecommunication can be seen as a decisive factor for the big data security market in coming years.

However, lack of data security awareness can dampen the market prospect of the big data security market. But emergence and inclusion of third party service provider can take the market to an altogether new direction steering it away from the momentary hiccups during the forecast period.

Segmentation:

The global big data security market can be segmented by technology, component, deployment, organization size, and end-user.

By technology, the big data security market can be segmented into identity & access management, security information & event management, unified threat management, and intrusion detection system/ intrusion prevention system.

Based on component, the big data security market can be segmented into software and services.

By deployment, the big data security market can be segmented into on-cloud & on-premises.

Based on organization size, the big data security market includes small & medium enterprises (SMEs), and large enterprises.

Based on end-user, the big data security market can be segmented into BFSI, travel & logistics, healthcare, government, automotive, and IT & telecommunication.

Regional Analysis:

Region-specific analysis of the big data security market includes North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

North America is leading the market with the maximum revenue share. The market is basking in the infrastructural superiority that the latest technological implementations provide. Furthermore, the region’s tendency to adopt the innovations into system is far greater than its peers which has ensured a favorable market ambience for the big data security market. The U.S. in the region is a substantial contributor and has contributed USD 3.45 billion in 2017. In addition, several market leaders are based out of this region.

The APAC is all set to score the fastest CAGR during the forecast period. With emerging economies such as India and China, exponential growth of this market has become only a matter of time. Furthermore, the market is getting tractioned by cost-effective advanced analytical software solutions and SMEs who are in need for high-security solutions.

Market Insight:

The global big data security market is expecting strategic moves from the major market influencers which can take their market ahead. These tactical moves include merger, acquisition, and other methods which help the companies in taking steps as per their assessment of the competitive landscape.

IBM took over Vivisimo, a data discovery and navigation firm in 2018 to improve their market position. It is also buying Red Hat, a major distributor of open-source software and technology.

VMware, in 2018, has acquired Cetas Software, a startup company with a focus on cloud data analytics. VMware is planning to reshape the enterprise data technologies.

Symantec Corporation, in 2018, bought Blue Coat, a leading company that provides security to market behemoths and governments.

More Information@ https://www.marketresearchfuture.com/reports/big-data-security-market-4410

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Fast Innovations Aiding The Global Fixed Asset Management Software Market Report Growth With 12% CAGR Between 2017 And 2023

February 19, 2020 by Market-NewsFlash  

Fixed Asset Management Software Market Report

The global fixed asset management software market is very competitive due to rapid innovations and advancements. Market Research Future (MRFR) has published and released a research report about the global fixed asset management software market that anticipates a gigantic raise for this market with 12% CAGR (Compound Annual Growth Rate) during the forecast period between 2017 and 2023.

The key factors contributing to the market growth for fixed asset management software include demand for fixed assets across various verticals, growing demand for process automation, increasing investments in research and development (R & D), increasing spending on digital marketing, technological innovation, innovation, market expansion via various strategic mergers & acquisitions, and cost-effective product portfolio. Competition among vendors on the basis of compatibility, design, features, and technology is also contributing to the market growth. The factors that are hindering the market growth include a dependency on various traditional approaches and lack of awareness about fixed asset management software.

The global fixed asset management software market has been segmented on the basis of deployment, organization size, and lastly, region. As per deployment, the market has been segmented into cloud deployment and on-premise deployment. Based on organization size, the market has been segmented into small & medium enterprises (SMEs) and large enterprises. The regional segmentation of the global fixed asset management software market segments the market into continent-based regional markets known as North America, Europe, Asia Pacific, and the rest of the world (RoW).

Due to the availability of technical expertise, increasing demand for digital data management, growing use of technologically advanced solutions, the presence of many key market players, and various technological innovations, North America is the largest regional market. The most important country-specific markets in this region are the United States of America (USA) and Canada. In North America, due to more digital transactions, this software plays an important role in tax management. In Europe, the rate of technological advancement is higher than in North America. In this region, the maximum revenue comes from France, Germany, and the United Kingdom (UK).

According to the report, the Asia Pacific region is expected to grow as a market during the forecast period. Maximum market revenue in this region comes from countries like China, Japan, and India. Factors aiding the market growth in this region include growing demand for enterprise content management in emerging economies, the increasing demand for digitalization and increasing demand for data management, an increasing number of businesses in this region. Also, a fixed asset management market has immense scope in this region majorly due to data synchronization via centralized servers.

Key Players

The key players of the global fixed asset management software market include AccuFund Accounting Suite (USA) , Acumatica ERP (USA), Bloomberg BNA (USA), Cougar Mountain Software (USA), EAZY ERP (USA), SAP ERP Core Finance (Germany), Sage Intacct (USA), Multiview Corporation (Canada), and NetSuite (USA).

More Information@ https://www.marketresearchfuture.com/reports/fixed-asset-management-software-market-4398

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Increasing Adoption of Internet of Things Globally Drives the Demand For Cognitive Services Platform Market Share 2023

February 19, 2020 by Market-NewsFlash  

Cognitive Services Platform Market Share

In this rapidly changing world of technology, cognitive services platform market is projected to show major growth prospects during the forecast period. Cognitive services extends the best suite for having an automated, interactive framework of an application. It facilitates transforming powerful intelligence into applications to allow contextual and natural interactions. Cognitive services provide us with the capability to make apps with powerful algorithms applying just a few lines of code. It works across platforms and devices. With the help of constant upgradation and improvement, it becomes easier to set up. Cognitive services appear with a range of APIs, that can be applied to facilitate contextual and natural interaction within your applications. Cognitive services offers speech, language, search, knowledge, vision, and APIs. Key forces driving the cognitive services platform market is the growing acceptance of artificial intelligence and increasing data generation which requires real time analysis. Studying consumer behaviors with cognitive analytics aids in monitoring the behavior patterns of customers and can pave the way for efficient target advertising. This will in turn help in stimulating the cognitive services platform market. Surging adoption of internet of things and artificial intelligence in the sectors such as retail, healthcare, as well as corporate, is another key factor fuelling the demand for cognitive services platform market. Additionally, the rise of small and medium businesses and the increasing rate of technology integration in their operations have also largely influenced the market growth of cognitive services platform.

Market Segmentation

The cognitive services platform market is segmented based on end user, vertical, and service. The end user segment is sub segmented into large enterprises, and small and medium enterprises. Cognitive services platform is rapidly being adopted by several small and large enterprises today due to its efficacy in offering real time handling of diversified and massive data. Cognitive services platform cooperates in creation of cognitive applications which in turn aids the businesses in appropriate data interpretation and in propelling the return on investment factor.

Regional Analysis

As per the reports published by Market Research Future, the global cognitive services platform market, based on geography, is segmented into Asia Pacific, Europe, North America, and Rest of the World. The North America market is expected to represent the largest share of cognitive services platform globally. The key growth in cognitive services platform market in North America is owing to technological progressions and surging adoption of artificial intelligence in that market. In comparison to other markets, the North America cognitive services platform market is estimated to experience remarkable expansion and hold the largest market share over the forecast period. Canada and the U.S markets are likely to drive the development for cognitive services platform demand. This is on account of the prevalence of major number of renowned key players such as Microsoft Corporation and IBM Corporation. Additionally, the increasing entry of new players in cognitive services platform such as CognitiveScale in that market drives the demand for cognitive services platform market. Furthermore, the market also has an upgraded infrastructure that facilitates increased penetration of systems. This ultimately allows improved connectivity. It can be expected to drive the demand for cognitive services platform market to a large extent. The Asia-Pacific market is anticipated to develop at the fastest pace over the forecast period.

Key Players

According to the reports published by Market Research Future, the global cognitive services platform market is dominated by some of the renowned players such as Tata Consultancy Services Limited (India), IBM Corporation (U.S.), Wipro Limited (India), Infosys Limited (India), Microsoft Corporation (U.S.), Google, Inc. (U.S.), Attivio (U.S.), General Electric (U.S.), Numenta (U.S.), Enterra Solutions LLC (U.S.), and others.

More Information@ https://www.marketresearchfuture.com/reports/cognitive-services-platform-market-4363

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Enterprise Data Loss Prevention Software Market Trends to Expand at 21% CAGR by 2023

February 19, 2020 by Market-NewsFlash  

Enterprise Data Loss Prevention Software Market Trends

The enterprise data loss prevention software aids in the monitoring and protection of valuable business information and assets. The next generation of data protection and storage is anticipated to boost the growth of the data loss prevention software (EDLP) market. It aids in the provision of data transmissions in real-time. The study, conducted by Market Research Future (MRFR), and presented in the format of a report, reveals that the enterprise data loss prevention software is gaining momentum in terms of growth due to the rising adoption of cloud-delivered web-security service and cloud access security broker for ensuring a safe web experience for the protection of sensitive organizational data. Owing to this the global enterprise data loss prevention software market size is anticipated to expand at a robust CAGR of 21% during the forecast period.

The world enterprise data loss prevention software market is estimated to garner a market revenue valuation of USD 2.1 billion by the end of the forecast period. This can be because organizations are gaining flexibility of safe handling of sensitive data. These software are highly scalable, provide impressive cloud coverage, block threat, prioritize sensitive data, and are compatible with the forensic analysis, among other features. Further, the adoption of cloud computing and a rise in the mid-market penetration, the global data loss prevention software is also deployed as a managed service.

Market Segmentation

The global EDLPS market is studied for a detailed segmentation that is based on deployment type, components, applications, and region. Based on components, the global enterprise data loss prevention software market is segmented into service and solution. The solution market is further sub-segmented into endpoint DLP, storage/ data center DLP, and network DLP. The sub-segments of the services segment, as studied in the report include consulting , managed security services, and system integration and installation.

Based on deployment type, the global EDLP software market is segmented into on cloud, and on premise. The EDLP software market is segmented into BFSI, IT and telecommunication, healthcare, government, and manufacturing.

Detailed Regional Analysis

The global market for enterprise data loss prevention software is analyzed into the regions of North America, South America, Asia Pacific, Europe, and the Middle East & Africa. The report has stated that the enterprise data loss prevention software market share is mainly held by North America over the forecast period. The market for enterprise data loss prevention software in the region is witnessing huge demand in several sectors including banking healthcare and banking.

The (EDLP) enterprise data loss prevention software market in Europe is anticipated to expect rapid growth in the forthcoming years. Europe’s market is likely to garner the second position in the global enterprise data loss prevention software market over the forecast period. This can be accredited to the huge deployment noted in this regional market for proactive web communications, applications, and email, prevention of personal identifiable information and intellectual property from being leaked through cloud-based applications.

On the other hand, Asia Pacific is anticipated to gain maximum growth in the global enterprise data loss prevention software market. China, Japan, and India are observed to emerge as prominent growth pockets in the global market for enterprise data loss prevention software. This can be causative to the rising adoption of cloud-computing services in major organizations, especially in developing nations.

Key Players

Some prominent players in the global enterprise data loss prevention software market, as profiled in the latest report include Dell EMC (U.S.), Hewlett-Packard Company (U.S.), McAfee Inc. (U.S.), Symantec Corporation (U.S.), Cisco Systems Inc. (U.S.), Digital Guardian (U.S.), Somansa Technologies Inc. (U.S.) Fidelis Cybersecurity (U.S.), Forcepoint LLC (U.S.), and GTB Technologies Inc. (U.S.).

More Information@ https://www.marketresearchfuture.com/reports/enterprise-data-loss-prevention-software-market-4273

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Smart Lecture Capture System Market Trends 2023 to Register Admirable Growth Due to Increasing Adoption of Distance Education

February 19, 2020 by Market-NewsFlash  

Smart Lecture Capture System Market Trends

The smart lecture capture system market is predicted to grow at a notable CAGR over the forecast period (2017–2023), states the new Market Research Future (MRFR) report. The smart lecture capture system is used for recording lectures for saving it in the database. This is part of the smart education system. The smart lecture capture system provides a lot of functions such as online learning sources, digital learning resources, collaborative technologies, better learning programs, and more. This is an excellent means of extending material beyond the classroom, thus enabling distance learning as well as supporting students with schedules that are nontraditional.

Various factors are propelling the smart lecture capture system market growth. These factors, as specified by the Market Research Future (MRFR) report, include increasing collaboration between the educational content provider and hardware vendors, technological changes, favorable government initiatives, and growing demand for distance education. Additional factors pushing market growth include increasing penetration of handheld devices, growing demand by corporates for training employees, increasing adoption of distance education, and growing penetration of personal electronic devices.

On the contrary, various policies and regulations and storage issues are factors that may hinder the smart lecture capture system market growth over the forecast period.

Market Segmentation

The Market Research Future report provides a wide segmental analysis of the smart lecture capture system market based on service type, deployment, end users, and component.

Based on component, the smart lecture capture system market is segmented into software and hardware.

Based on deployment, the smart lecture capture system market is segmented into cloud and on-premise. Of these, the cloud-based deployment segment will have the largest share in the market over the forecast period. This is owing to the cloud being a highly effective technology that has a positive effect on the business line. Moreover, the increasing use of cloud-based solutions and the different features provided by them, such as low cost, reliability, and flexibility is also boosting the market growth.

Based on service type, the smart lecture capture system market is segmented into professional, maintenance, and training. Of these, training and maintenance segment will dominate the market over the forecast period. This is owing to the flexibility of creating and delivering the course as per the needs.

Based on end users, the smart lecture capture system market is segmented into corporate, educational institutes, and others. Of these, the educational institutes segment will have the maximum share in the market over the forecast period.

Regional Analysis

Based on the region, the smart lecture capture system market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), Europe, North America, and the Rest of the World. Of these, North America will lead the market over the forecast period. The factors, which can be attributed to the growth of the market include early adoption of advanced technologies, advancements in technology, rising connectivity of handheld devices, and the presence of good educational infrastructure such as laptops and e-books in this region.

Key Players

Leading players profiled in the smart lecture capture system market report include Telestream, LLC (US), Cisco Systems, Inc. (US), UbiCast (France), VBrick (US), Crestron Electronics, Inc. (US), Kaltura, Inc. (US), UbiCast (France), McGraw-Hill Education, Inc. (US), UbiCast (France), Sonic Foundry, Inc. (US), Echo360, Inc. (US), and Panopto (US), among others. The key market players have used various strategies for creating a footprint in the market, such as product innovations, mergers and acquisitions, partnerships, research and development activities, and much more.

More Information@ https://www.marketresearchfuture.com/reports/smart-lecture-capture-system-market-3959

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Portable Data Storage Market Trends Perceives A Fabulous Growth Prospects; Unleashed Market Insights Till 2025

February 19, 2020 by Market-NewsFlash  

Portable Data Storage Market Trends

Portable data storage devices stores digital information which can be accessed on a later date. The global portable data storage market is expected to grow at approx. USD 4 Billion by 2023, at 20% of CAGR between 2017 and 2023.

Market Dynamics of Portable Data Storage Market:

Drivers

· Advantages over other storage media such as disks which include large storage capacity, higher readability, robustness, high data stability, greater reliability, speed, resiliency and others

· Growing need for backup and growing data volume

· Growing virus and software which indirectly create backup needs due to corruption

· Government regulation for business to store and maintain a backup of data

· Up gradation of software and operating system which requires high storage capacity of hard drives.

· Growing volume of larger file types such as media files, used to store videos, audio and others which generate the demand for high capacity solution.

· Technological advancements such as Blu-ray disk which are capable of using storing large volume of data and also enhances users experience by offering improved network connectivity feature, solid state drives which provide better performance, improved scratch resistant disc coating

· Growing popularity of camera-equipped devices will boost the need for additional storage due to large digital content, leading to rising demands for storage. Syncing service providers are expected to demand greater storage capacity as data storage is expected to outpace the capabilities of smartphones.

· Growing social networking and media websites, growing internet using populations, growing bandwidth, growing media content of the internet are expected to demand a large amount of data storage capacity.

Restraints

· Highly fragmented market which has put pressure on pricing

· High per GB cost of solid state drives, and other advanced technologies

· Falling demand from personal consumers for storage devices above 1 TB

Key Players of Portable Data Storage Market:

SanDisk (U.S.), ADATA Technology Co., Ltd. (Taiwan), Seagate Technology PLC (U.S.), Samsung Group (South Korea), Transcend Information, Inc. (Taiwan), Toshiba Corporation (Japan), Freecom (Germany), Hewlett-Packard (U.S.), Sony Corporation (Japan), Other World Computing (U.S.), among others.

Regional Analysis of Portable Data Storage Market:

The regional analysis of portable data storage market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. North America is estimated to account for the largest share of the market followed by Europe attributed to the technical advancements and well established infrastructure in that region. Asia-Pacific is projected to grow at the fastest rate during the forecast period.

More Information@ https://www.marketresearchfuture.com/reports/portable-data-storage-market-3887

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

IOT Open Source Platform Market Perceives A Fabulous Growth Prospects; Unleashed Market Insights Till 2025

February 19, 2020 by Market-NewsFlash  

IOT Open Source Platform Market

In this rapidly changing world of technology, open IoT platform market is projected to show major growth prospects during the forecast period. An IoT platform combines several software functions into one solution to enable companies to develop and deploy IoT solutions faster, better and cheaper.

As compared to other regions, the open IoT platform market in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of open IoT platform market. This is owing to the presence of large number of established key players and increasing popularity among the developer community in that region. In addition to this, the region also has a well-established infrastructure and is expected to be a major factor for the growth of open IoT platform market.

The open IoT platform market is growing rapidly over 25% of CAGR and is expected to reach at approx. USD 4.3 Billion by the end of forecast period.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Open IoT platform Market Research Report-Forecast to 2023”.

Open IoT platform Market Segmentation

The Open IoT platform market has been segmented on the basis of component, deployment and end user. The component segment comprises of hardware and software components. Software components segment is very popular among the components segment owing to the free availability of source codes for general people to develop and modify codes, in order to develop new applications.

The prominent players in the Open IoT platform market are — Amazon Web Services (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Samsung Group (South Korea), Bosch (Germany), Ayla Networks (U.S.), Google, Inc. (U.S.), General Electric (U.S.), Oracle (U.S.), among others.

Market Research Analysis:

The global open IoT platform market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. In the global Open IoT platform market, Asia Pacific is anticipated to witness relatively faster adoption and is expected to grow at the highest CAGR during the forecast period as compared to other regions. Within Asia Pacific, open IoT platform market is projected to contribute faster to the growth of revenue backed by increasing demand from developers in countries such as Japan, China and India.

Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of open IoT platform market. In Europe, the popularity of open source platforms is increasing among the developers and hence is the major factor driving the growth of open IoT platform market. The presence of advanced infrastructure and with the increasing adoption of open source applications and technological advancements in numerous countries are other factors driving the growth of open IoT platform market.

Open IoT platform market in the South America region is anticipated to witness relatively slower market growth. However, Brazil and Argentina among other countries are projected to witness slow yet steady growth. Open IoT platform market in Middle East and Africa occupies a relatively smaller pie of the global open IoT platform market.

More Information@ https://www.marketresearchfuture.com/reports/open-iot-platform-market-3896

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
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Data Quality Tool Market Research Perceives A Fabulous Growth Prospects; Unleashed Market Insights Till 2023

February 19, 2020 by Market-NewsFlash  

Data Quality Tool Market Research

Data quality tool is useful for addressing various aspects of the data quality problem. This tool has garnered a huge prominence over the past few years as enterprises understand the impact of poor-quality data and strive for solutions for improvement. This is resultantly increasing the uptake of data quality tools, further increasing its market value on the global platform.

Market Research Future (MRFR), in its recently published study report asserts that the booming market for data quality tool is forecasted to demonstrate a spectacular growth by 2023, growing rapidly over the assessment period. MRFR, further also confirms that the global Data Quality Tool Market is estimated to reach approximately 1539 Mn. USD by 2023 with 16% CAGR during the forecast period (2017–2023).

Data Quality Tool and data science initiatives are designed to help the users or analysts tap into the power of cognitive computing. Through these solutions and services, organizations can gain greater understanding and control of their data, while complying with the rising data regulations, such as the European Union’s General Data Protection Regulation (GDPR).

The need to meet regulations & compliance deadlines and need to improve & sustain strategic risk management has fueled the growth of data quality tool solutions and services. The augmenting need to capture and analyze the rapidly increasing data in the digital technologies such as cloud computing, Internet of Things (IoT), and big data analytics generating the demand for the data quality tool market.

Additional factors substantiating the market growth include the growing volume of business data, increasing usages of external data sources, increasing regulatory pressure and the need for improvement of the performance of data. Also, the increasing demand for data quality functions in big data, and the evolving artificial intelligence in the field of data quality are expected to boost the growth of the data quality tool market over the forecast period, 2017–2023.

On the other hand, factors such as lack of awareness and security issues are restricting the growth of the data quality tool market.

Data Quality Tool Global Market — Segments

Data Quality Tool Market can be segmented into six key dynamics for the convenience of understanding;

By Components : Solutions and Services.

By Data Types : Product Data, Consumer Data, Financial Data, and Supplier Data, among others.

By Deployments : On- Demand and On-premises.

By Organization size : Small, Medium and Large.

By Verticals : BFSI, Media and Entertainment, Retail, Manufacturing, Healthcare, Government, Energy, and Education, among others.

By Regions : North America, Europe, APAC and Rest-of-the-World.

Global Data Quality Tool Market — Regional Analysis

North America is projected to lead the data quality tool market in the forecast period, holding the largest market share. Factors substantiating the market growth include the unparalleled expansion of data, increasing adoption of internet of things (IoT), and stringent data related to regulatory compliances. Furthermore, factors such as substantial investments in cloud-based solutions, early adoption of emerging technologies, and the presence of a huge number of players present in this region are supporting the market growth.

The Asia Pacific market is anticipated to see exponential progress and is predicted to be the most promising market for data quality tool, globally, due to the increasing demand for digitization and increasing awareness about new technological solutions. Additionally, the rising stringent data related to regulatory compliances imposed by the regulatory bodies and organizations in the region.

More Information@ https://www.marketresearchfuture.com/reports/data-quality-tool-market-3873

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