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Information Security Consulting Market Analysis, Size, Growth, Industry Trends, Opportunities, Forecast to 2021

January 17, 2020 by siddharth mnm  

According to new market research report "Information Security Consulting Market by Security Type (Network Security, Application Security, Database Security, and Endpoint Security), Organization Size (SMES and Large Enterprises), Vertical, and Region - Global Forecast to 2021", The information security consulting market is estimated to grow from USD 16.12 Billion in 2016 to USD 26.15 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 10.2%.

Browse and in-depth TOC on “Information Security Consulting Market

39 - Tables

43 - Figures

118 - Pages   

 

Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=141552175

 

The major forces driving the information security consulting market are rising network complexities due to mergers and acquisitions and third-party application deployment. The information security consulting market is growing rapidly because of the growing security needs of Internet of Things (IoT), Bring Your Own Device (BYOD) trends, and increased deployment of web & cloud-based business applications.

Application security to grow at the highest CAGR from 2016 to 2021

Cyber security solutions are used to secure the network infrastructure and the devices connected through it. The emerging IoT, BYOD trends, and connected number of devices & applications are susceptible to Advanced Persistent Threats (APTs). Application security is expected to witness the highest CAGR in the global information security consulting market during the period of 2016–2021. North America is expected to account for the largest market share in 2016, due to the greater awareness of cyber security and early adoption of security consulting services in this region.

Aerospace & defense vertical to have the largest market size in 2016

The information security consulting market is also segmented by various industry verticals, out of which, the adoption of security consulting services is expected to be the highest in the aerospace and defense vertical, as the critical data and applications used by this vertical are prone to advanced threats. Moreover, government & public utilities, Banking, Financial Services & Insurance (BFSI), and Information Technology (IT) & telecom verticals are expected to gain traction during the forecast period.

Discuss With Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=141552175

North America is expected to dominate the information security consulting market in 2016

North America is expected to hold the largest share of the information security consulting market in 2016, due to the technological advancements and early adoption of cyber security in this region. The market in APAC is expected to grow at the highest CAGR between 2016 and 2021. The primary driving forces for this growth are increasing technological adoption and huge opportunities across industry verticals in APAC countries, especially India and China.

The report also encompasses different strategies, such as mergers & acquisitions, partnerships & collaborations, business expansions, and product developments, adopted by major players to increase their market share. Some of the major technology vendors include Ernst & Young (U.K.), IBM Corporation (U.S.), Accenture plc (Ireland), Atos SE (France), Deloitte (U.K.), KPMG (U.K.), PwC (U.K.), BAE Systems plc (U.K.), Hewlett Packard Enterprise (U.S.), and Wipro Limited (India).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.

M&M’s flagship competitive intelligence and market research platform, "RT" 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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets 
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: 
sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/information-security-consulting.asp
Report: https://www.marketsandmarkets.com/Market-Reports/information-security-consulting-market-141552175.html

By 2021 Cloud Billing Market estimated to grow from $5.68 Billion At a CAGR of 23.9%

January 15, 2020 by siddharth mnm  

According to new market research report on "Cloud Billing Market by Type (Subscription Billing, Metered Billing), Providers (CSP, Telecom and Communication Provider, & MSP), Application (Customer, Revenue, & Account Management, Organization Size, Vertical, and Region - Global forecast to 2021", The cloud billing market size is estimated to grow from USD 5.68 Billion in 2016 to USD 16.59 Billion by 2021, at expected Compound Annual Growth Rate (CAGR) of 23.9% from 2016 to 2021.

High demand for billing operations, centralized, and convergent billing solutions and the growing need to lower capital and operating expenditure is increasing the demand for cloud billing in the market.

Browse and in-depth TOC on “Cloud Billing Market

64 - Tables

50 - Figures

151 - Pages

           
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https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1022

“APAC is expected to witness a high growth potential during the forecast period”

North America is expected to keep the largest market proportion in 2016 while APAC would be the fastest maturing in phrases of CAGR. Factors which includes pinnacle obligatory government guidelines, increasing want to focus on consumer courting management, rising cloud-based solution are the fundamental elements helping the increase of cloud billing market in APAC.

“Media & Entertainment and Telecommunication & ITES are expected to grow at the highest CAGR during the forecast period. “

The media and leisure enterprise is witnessing a ability boom in the cloud billing market throughout areas attributable to the growth in the adoption of virtual channels. Moreover, the telecommunications and ITES quarter has usually been at the forefront while adopting cloud-primarily based technologies to serve their customers better.

“Customer Management is expected to gain prominent traction during the forecast period”

The cloud billing market is anticipated to grow at an excellent CAGR at some stage in the forecast length. Customer retention and patron comments are the two maximum crucial elements businesses are that specialize in, thereby growing the software of customer control in the cloud billing market. Moreover, cloud billing no longer only allows in retaining the clients but additionally gives you value by organizing healthful customer-company relationship.

Speak To Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1022

“Cloud Service Billing is expected to grow at the highest CAGR during the forecast period”

Cloud carrier billing is anticipated to develop at the highest CAGR in the course of the forecast duration. Advancement in cloud era has extended the client base appreciably inside the billing marketplace and raised the call for for cloud billing. Among the diverse kinds of cloud provider billing, SaaS-primarily based offerings are becoming more popular because of its capability to offer clean customization and revolutionary functionality.

The major service providers in the cloud billing market include Amazon Web Service, Inc. (U.S.) , CSC (U.S.), IBM Corporation (U.S.), NEC Corporation (Japan), Oracle Corporation (U.S.), Amdocs, Inc. (Israel), Aria System, Inc (U.S.)., CGI Group, Inc. (Canada), SAP SE (Germany), and Zuora, Inc. (U.S.).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.

M&M’s flagship competitive intelligence and market research platform, "RT" 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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets 
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: 
sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/cloud-billing.asp

At a CAGR of 17.3% Cloud Services Brokerage Market expected to reach $15.03 Billion By 2023

January 8, 2020 by siddharth mnm  

According to new market research report "Cloud Services Brokerage Market by Service Type (Catalog Management, Workload Management, Operations Management), Platform (Internal Brokerage, External Brokerage), Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2023", The Cloud Services Brokerage (CSB) market is expected to grow from USD 6.78 Billion in 2018 to USD 15.03 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.3% during the forecast period.

An increasing adoption of hybrid IT and multi-cloud management is expected to drive the CSB market. Moreover, the effective pricing done through a cloud broker budgeting offers a proper alignment of resources, discount policies for customers, and shape a demand based on consumption. This is expected to further fuel the demand for CSB among the end-users.

Browse and in-depth TOC on  “Cloud Services Brokerage Market

168 - Tables

35 - Figures

142 - Pages


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https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=771

The workload management segment is expected to grow at the highest CAGR during the forecast period

Based on service type, the CSB market has been segmented into operations management; catalog management; workload management; integration, reporting and analytics; security and compliance, and training and consulting. The workload management segment is expected to grow at the highest rate during the forecast period. A cloud service broker enables organizations to assess which on-premises workloads are cloud-ready, and assists the organizations in moving cloud workloads among different CSPs based on price and other associated factors. The migration of workloads seems challenging for organizations, and the brokers help in addressing the challenge by providing workload management services.

The external brokerage enablement segment is expected to grow at a considerable CAGR during the forecast period

Based on platform, the cloud services brokerage market has been segmented into internal brokerage enablement and external brokerage enablement. The external brokerage enablement segment provides a multi-tenant cloud delivery and management platform to telecom service providers, distributors and Value-Added Resellers, and cloud providers that help in providing various services, enablement of channels, and management of administration activities. The enablement platform also collaborates various cloud service offerings on a common platform. The external brokerage enablement segment is expected to grow, due to various business benefits and opportunities that it offers to technology and service providers.

The SMEs segment is expected to grow at a higher CAGR during the forecast period

Based on organization size, the CSB market has been segmented into large enterprises and Small and Medium-sized Enterprises (SMEs). The SMEs segment is expected to grow at a higher CAGR during the forecast period, as SMEs face greater resource crunch than larger enterprises and require better methods to solve the complexities of cost optimization of their business processes. Cloud services have become a central part of the business processes in SMEs, due to cost efficiency, ease of use, and the flexibility offered. The CSBs enable SMEs to have a strict control on their cloud needs and service provisioning. This is expected to fuel the demand for CSB over the next 5 years.

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North America is expected to dominate the cloud services brokerage market during the forecast period

The global CSB market by region has been segmented into North America, Asia Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America. North America is estimated to have the largest market size in 2018, owing to the presence of several vendors and rapid adoption of cloud-based solutions in this region. The market in APAC is expected to grow at the highest CAGR during the forecast period, owing to the increase in awareness and adoption of cost-effective and scalable CSB.

The report also studies various growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by the major players to increase their shares in the market. Major technology vendors in the cloud services brokerage market include Accenture (Ireland), DoubleHorn (US), Jamcracker (US), IBM (US), HPE (US), RightScale (US), Dell (US), Wipro (India), Arrow Electronics (US), ActivePlatform (Belarus), Cloudmore (Sweden), InContinuum (Netherlands), DXC Technology (US), Cognizant (US), BitTitan (US), Nephos Technologies (UK), OpenText (Canada), ComputeNext (US), CloudFX (Singapore), Fujitsu (Japan), Tech Mahindra (India), Atos (France), Cloudreach (UK), Neostratus (Hungary), and Proximitum (UK).

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 5000 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, "Knowledgestore" 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. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/cloud-brokerage.asp

By 2024 Third-Party Risk Management Market expected to reach $6.8 billion, at a CAGR of 15.9%

December 12, 2019 by siddharth mnm  

According to a market research report "Third-Party Risk Management Market by Component (Solution (Financial Control, Contract, Operational Risk, Audit, and Compliance) and Service (Professional & Managed)), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, the global Third-Party Risk Management (TPRM) market size is projected to grow from USD 3.2 billion in 2019 to USD 6.8 billion by 2024, at a CAGR of 15.9% during the forecast period. The major factors driving the market include the increasing adoption of virtual applications; technological advancements, including automation, data analytics, and smart contracts; and soaring need to counter fraudulent activities in several verticals.

Browse and in-depth TOC on “Third-Party Risk Management Market

126 - Tables

46 - Figures

182 – Pages

 

Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=222423768

 

Based on solutions, the financial control segment is estimated to lead the Third-Party Risk Management Market in 2019

Financial control management can be defined as a system that manages and limits the financial effects of the budget on user operations in such a way that it aligns the user toward the achievement of goals related to finances. Organizations depend on several vendors, which poses operational and credit risks for organizations. Financial control management solutions help reduce an organization’s operational costs while managing and selecting a third-party or any vendor.

Better financial control provides better auditing and detection of fraudulent activities. Financial control management solutions provide managers with a proper view of the cash flow and better cost optimization for various business processes to increase the business output. Financial control management assists users to maintain and assess its debt collection period and the creditors payment period.

Based on verticals, the BFSI vertical is expected to dominate the TPRM market size during the forecast period

BFSI is one of the major adopters of TPRM solutions. It has been a highly regulated and competitive vertical that always focuses on delivering enhanced customer experience. The changing ways of the BFSI vertical are operating, increasing digitalization, and adopting advanced technologies have exposed this industry to different types of risks. The need to keep up with the changing regulatory environment and penalties associated with non-compliance has changed the way how risk is viewed and managed. These factors, coupled with the increasing challenges, such as cyber threats, third-party risks, and regulatory compliances, are expected to fuel the demand for TPRM solutions in the BFSI vertical.

Speak To Analyst@ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=222423768

 

North America is expected to hold the highest Third-Party Risk Management Market share during the forecast period

North America is the largest revenue contributor to the TPRM industry, as the growth in the region is being driven by the rising internet penetration and increasing adoption of cloud-based and IoT applications across verticals. Countries in North America are well-established economies, which enable investments in advanced technologies.

The demand for Third-Party Risk Management services is expected to increase in enterprises, as the adoption of solutions is growing across North America. Various organizations operating in different industrial domains across the US and Canada have been considering the implementation of effective solutions to manage their partner ecosystem for minimizing the risks associated with the management of third-parties.

Market Players

The major vendors covered in the TPRM market include RSA (US), Genpact (US), MetricStream (US), Deloitte (US), KPMG (Netherlands), BitSight Technologies (US), Ernst & Young (UK), PwC (UK), ProcessUnity (US), Venminder (US), Resolver (Canada), NAVEX Global (US), Riskpro (India), SAI Global (US), RapidRatings (US), Optiv (US), Aravo (US), OneTrust (US and UK), Galvanize (Canada), and Prevalent (US).

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, "Knowledgestore" 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
sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/third-party-risk-management.asp

Report:https://www.marketsandmarkets.com/Market-Reports/third-party-risk-management-market-222423768.html

 

At a CAGR of 35.6% Docker Monitoring Market expected to grow from $217 million in 2019 to $993 million by 2024

December 2, 2019 by siddharth mnm  

According to a research report "Docker Monitoring Market by Component (Solution and Services), Organization Size, Deployment Type, Industry Vertical (IT and Telecom, BFSI, eCommerce and Retail, Travel and Hospitality, Healthcare and Life Sciences), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global docker monitoring market size is expected to grow from USD 217 million in 2019 to USD 993 million by 2024, at a Compound Annual Growth Rate (CAGR) of 35.6% during the forecast period.

 Key factors driving the docker monitoring Industry include the imminent need for monitoring health status of docker containers to avoid system outages and growing demand to optimize application performance across dynamic container environment.

Browse and in-depth TOC on “Docker Monitoring Market

102 - Tables                                               

29 - Figures

141 - Pages   


Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=53974646

 

Large enterprises segment to hold a larger market size during the forecast period

The adoption of docker monitoring solutions is high among large enterprises, as they spend a significant amount to make themselves technologically proficient. Docker monitoring solutions promise proper functioning of docker containers and services running within the containers through real-time container performance and health analysis, thereby optimizing the hardware and container resources.

eCommerce and retail segment to grow at the highest CAGR during the forecast period

A growing need for high performance technologies to improve utilization of system resources, minimize costs, and achieve better portability are factors responsible for the eCommerce and retail segment to grow at the highest CAGR. Docker and docker monitoring solutions are capable of delivering services as soon as a request arises and help in improving overall customer experience and customer satisfaction which is highly beneficial for enterprises across eCommerce and retail industry.

Speak To Analyst@ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=53974646

North America to account for a high market share during the forecast period

North America has always been on the forefront of adopting advanced technologies and has depicted a high adoption of docker technology. With this, many companies in North America are increasingly adopting docker monitoring solutions to gain holistic visibility into their container and application performance for avoiding any system outages and to improve the overall performance of their system. Moreover, a direct presence of many major docker monitoring vendors in North America, has further added to the high adoption of docker monitoring solutions in North America.

The global docker monitoring market comprises major solution providers, such as Dynatrace (US), AppDynamics (US), New Relic (US), Broadcom (US), Microsoft (US), Datadog (US), Sysdig (US), Splunk (US), BMC Software (US), IBM (US), Riverbed Technology (US), Oracle (US), ScienceLogic (US), SolarWinds (US), Micro Focus (US), ManageEngine (US), Wavefront (US),  Instana (US), Centreon (US), and Sumo Logic (US). The study includes the in-depth competitive analysis of key players in the docker monitoring market with their company profiles, recent developments, and key market strategies.

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, "Knowledgestore" 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
sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/docker-monitoring.asp

Rail Asset Management Market by Condition Monitoring, Predictive Maintenance, Rolling Stock & Infrastructure forecast to 2024

November 21, 2019 by siddharth mnm  

According to a research report "Rail Asset Management Market by Solution (Condition Monitoring, Predictive Maintenance, Asset Planning & Scheduling, Analytics, Workforce Management & Security), Services, Application (Rolling Stock & Infrastructure), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global rail asset management market size to grow from USD 9.0 billion in 2019 to USD 12.3 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period.

Major factors expected to drive the growth of the rail asset management industry include increasing adoption of Internet of Things (IoT) and other automation technologies to enhance optimization and address the issue of increasing congestion due to aging railway infrastructure.

Browse and in-depth TOC on “Rail Asset Management Market

106 - Tables                                               

35 - Figures

150 – Pages

 

Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=222416351


By offering, services segment to record a higher growth rate during the forecast period

Trains carry millions of tons of freight and tens of millions of passengers each year, and rail companies entirely rely on efficient and reliable asset operations and rail infrastructure to successfully meet the growing demand. Information and Communication Technology (ICT) has played a significant role in providing asset and operations management services for rail companies.

To build a smarter railway system infrastructure, railway experts demand smart railway management system services. Service providers help in implementing rail solutions. The benefits of employing railway management system services are improved rail operations performance, reduced complexities and reduced operating expenses, standardized and improved rail infrastructure, improved engagement cash flow and profitability, maximized strategic value of rail solutions, simplified project planning and execution, streamlined project lifecycle, real-time decisions, security, and improved resource productivity. The services have been bifurcated into 2 segments, namely, professional services and managed services.

By service, the managed services segment to grow at a higher rate during the forecast period

Under managed services, certain Information Technology (IT) operations are outsourced to a service provider who distantly maintains the customer’s IT infrastructure. Organizations need to optimize resource utilization, which is one of the major factors, to fuel the growth of the rail asset management market. Managed services provide constant upgrades and customized features to fulfill the customers’ ever-growing demands. As a result, companies are rapidly outsourcing their tasks to Managed Service Providers (MSPs). Global managed service providers comprise vendors from diverse backgrounds, ranging from specialized MSPs to system integrators and Value-Added Resellers (VARs).

Speak To Expert@ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=222416351

Europe to account for the largest market size during the forecast period

Countries from Western Europe, such as the UK, France, and Germany, have well-established railway infrastructure, and many railway operators in this region use some of the advanced rail asset management solutions. European countries have been investing majorly to modernize and upgrade their existing rail infrastructure. Social and trade agreements among the European Union (EU) countries have promoted large-scale, cross-border trade, and passenger traffic in Europe.

High growth is expected in this region, especially in the communication technology, as the European Telecommunications Standards Institute (ETSI) has formed a separate committee to focus on the Machine-to-Machine (M2M) communication privacy standardization and high trading standards. The dynamics of the rail industry in Europe are changing rapidly with new freight and passenger management systems. To boost the efficiency of the existing infrastructure, many European countries are expected to adapt to new rail asset management solutions.

Key and emerging market players include Siemens (Germany), IBM(US), Alstom (France), Hitachi (Japan), Wabtec (US), SAP (Germany), Trimble (US), Bentley Systems (US), Bombardier (Canada), Atkins (UK), Cisco (US), DXC Technology (US), Trapeze (Canada), Tego (US), Konux (Germany), L&T Technology Services Limited (India), Capgemini (France), Accenture (Ireland), Huawei Technologies (China),  and Cyient (India). These players have adopted various strategies to grow in the Rail asset management market.

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, "Knowledgestore" 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
sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/rail-asset-management.asp

Speech-to-text API Market by Component, Application, Deployment Mode, Organization Size, Industry Vertical, and Region - Global Forecast to 2024

November 12, 2019 by siddharth mnm  

According to a market research report "Speech-to-text API Market by Component (Software and Services), Application (Risk and Compliance Management, and Fraud Detection and Prevention), Deployment Mode, Organization Size, Industry Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, The global speech-to-text Application Program Interface (API) market size is expected to grow from USD 1.6 billion in 2019 to USD 4.1 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 20.6% during the forecast period.

Major factors fueling the market growth are growing adoption of smart speakers and mobile phones, and stringent regulatory and compliance.

Browse and in-depth TOC on “Speech-to-text API Market

123 - Tables

49 - Figures

170 - Pages


Download PDF Brochure@ 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=203810785

The large enterprises segment to hold a larger market size during the forecast period

The speech-to-text API market is segmented into large enterprises and Small and Medium-sized Enterprises (SMEs) by organization size. The large enterprises segment is expected to have a larger market size during the forecast period, owing to large volumes of data being generated by large enterprises and increasing demand for real-time speech-to-text API software and services. However, the SMEs segment is expected to grow at a higher CAGR during the forecast period. Due to the high availability of cost-effective cloud solutions, speech-to-text API software and services are expected to witness a prominent growth rate among SMEs during the forecast period. Moreover, easy availability of speech-to-text API solutions as well as real-time support services are factors projected to drive the demand for such solutions across SMEs.

By vertical, retail and eCommerce to grow at the highest CAGR during the forecast period

The speech-to-text API market by vertical has been segmented into Banking, Financial Services and Insurance (BFSI), telecommunications and Information Technology (IT), retail and eCommerce, healthcare, media and entertainment, government and defense, travel and hospitality, manufacturing, others (transportation and logistics, and education). A rise in the number of competitors and their emergence of a number of eCommerce players in the online retail space are factors projected to contribute to the growth of this segment.

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North America to hold the largest market size during the forecast period

North America is the most significant revenue contributor to the global speech-to-text API market. The region is witnessing significant developments in the speech-to-text API market. Many speech-to-text API solution providers in North America are experimenting in the market by integrating advanced technologies, such as Artificial Intelligence (AI) and Internet of Things (IoT) with their existing speech-to-text API solutions. They are also adopting various growth strategies to strengthen their positions in the overall market.

Major North American vendors in the speech-to-text API market are Google (US), Microsoft (US), IBM (US), AWS (US), Nuance Communications (US), Verint (US), Speechmatics (England), Vocapia Research (France), Twilio (US), Baidu (China), Facebook (US), iFLYTEK (China), Govivace (US), Deepgram (US), Nexmo (US), VoiceBase (US), Otter.ai (US), Voci (US), GL Communications (US), Contus (India).

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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.

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Cloud Discovery Market projected to grow $1,564.1 Million by 2023 from 730.8 Million in 2018

November 4, 2019 by siddharth mnm  

According to market research report "Cloud Discovery Market by Solution (Application Discovery and Infrastructure Discovery), Service (Professional Services and Managed Services), Organization Size (Large Enterprises and SMES), Vertical, and Region - Global Forecast to 2023", The cloud discovery market size is expected to grow from USD 730.8 Million in 2018 to USD 1,564.1 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 16.4% during the forecast period.

The demand for cloud discovery is expected to be driven by growing adoption of multi-cloud and increasing need to efficiently manage the security of the IT infrastructure. Moreover, with the increasing usage of cloud applications across different verticals and the rising trend of Bring Your Own Device (BYOD), the adoption rate of cloud discovery among enterprises is expected to gain a major traction during the forecast period.

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The application discovery is expected to hold the largest market share during the forecast period

Cloud application discovery solutions enables an IT administrator to discover the unmanaged cloud applications that are being used by the members of the organization. This helps administrators to control unauthorized access to corporate data, potential data leakage, and other security risks inherent in the applications. CipherCloud’s study for North America and Europe in 2014 concluded that 86% of cloud applications used by enterprises were unsanctioned by the IT administrator. Therefore, with the adoption of cloud discovery solutions, administrators can continuously discover and categorize all the cloud applications users are accessing.

The retail and consumer goods vertical is expected to grow at the fastest rate during the forecast period

The retail and consumer goods vertical has undergone significant transformation with the emergence of cloud-based technologies. Retailers constantly strive to improve efficiency and reduce cost. Managing their large application portfolios and distributed infrastructures has become increasingly complex and expensive for the IT departments. Retailers are aggressively pursuing the use of cloud computing, primarily for cost reduction, speed-to-market, and quality benefits. Therefore, to simplify the business process and control the unmanaged IT resources, it is expected that the adoption trend of the cloud discovery solutions would grow significantly in this vertical.

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North America is expected to hold the largest market share, whereas Asia Pacific (APAC) is expected to grow at the fastest rate during the forecast period

North America dominates the cloud discovery market as it is the most advanced region with respect to the usage of cloud application and IT infrastructure. Due to the presence of a large number of vendors offering cloud discovery solutions and services in this region, it is expected to hold the largest market share during the forecast period. Moreover, enterprises in this region have invested heavily in the cloud computing technologies to gain a competitive edge over its competitors and improve its overall business operations. On the other hand, the APAC region is in its initial growth phase; however, it is expected to be the fastest growing region in the global cloud discovery market. The increasing adoption of cloud discovery in this region can be attributed to the wide-spread presence of Small and Medium-sized Enterprises (SMEs) that are implementing low cost cloud-based technologies to achieve in-depth visibility and control over their cloud applications and IT infrastructure.

Major vendors providing cloud discovery solutions and services are AlienVault (US), ASG Technologies (US), BMC Software (US), Certero (UK), CipherCloud (US), Cisco Systems (US), Connectwise (US), iQuate (Ireland), Kmicro (US), ManageEngine (US), McAfee (US), Movere (US), Nephos Technologies (UK), NetSkope (US), Nuvalo (US), Perpetuuiti (Singapore), Puppet (US), Qualys (US), ScienceLogic (US), ServiceNow (US), vArmour (US), Virima Technologies (US), WhiteHat Security (US), Ziften (US), and Zscaler (US).

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 5000 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, "Knowledgestore" 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.

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MarketsandMarkets™ INC.
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Zero-Trust Security Market by Data Security, Endpoint Security, API Security, Security Analytics, Security Policy Management

October 23, 2019 by siddharth mnm  

According to a new research report "Zero-Trust Security Market by Solution Type (Data Security, Endpoint Security, API Security, Security Analytics, Security Policy Management), Deployment Type, Authentication Type, Organization Size, Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, the zero-trust security market size is projected to grow from USD 15.6 billion in 2019 to USD 38.6 billion by 2024, at a CAGR of 19.9% from 2019 to 2024.

The major growth drivers for the market include the rising need for compliance for networks, user devices, and data from unauthorized access and to get a centralized view on threats.

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Based on the solution type, the data security segment is estimated to lead the market in 2019.

Data security solutions are responsible for securing the business database and information such as customer details, financial information, and employee database as well as other key business data of any organizations. A tremendous amount of data is generated every day across organizations in various industry verticals, and effective management and storage of business data become critical for the IT and data security professionals.

An organizations database comprises of sensitive data such as Personally Identifiable Information (PII), Personal Health Information (PHI), Intellectual Property (IP), as well as Payment Card and Financial Information. Databases often become a target for cybercriminals and victim of cyberattacks, causing data breaches and loss of business and personal information. Zero trust data security solutions fortify an organization’s data security by confining the risks from user privileges and access, restricting the lateral movement of threats within a company’s infrastructure.

Based on Vertical, Government & Defense sector is estimated to grow at the fastest rate during the forecasted period.

The government sector consists of the various federal government, central government, state government, local government, and various public sector entities. The government sector across various developed and emerging economies is embracing digital transformation by harnessing the power of mobility and cloud.

Various governments are already deploying cloud-based web and mobile applications to enhance the experience of its citizens. As a result, governments need to protect these applications, workloads, devices, and users from the rising number of advanced persistent threats.

Thus, government bodies are shifting towards zero trust security solutions to enhance government network security, data security, risk & security analytics, endpoint security, and application security. Furthermore, increasing complexities in the network and cyberattacks are fueling the adoption of zero-trust security solutions among the governments across the globe.

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North America is expected to hold the largest market share during the forecast period.

Most of the security vendors are based in North America, which makes the region to be among the early adopter of new and advanced security technologies. As a result, North America is expected to dominate the zero-trust security market during the forecast period.

Moreover, increase in the sophisticated cyber-attacks is anticipated to drive the implementation of zero-trust security in several verticals such as banking, finance, government, and healthcare sectors. With the widespread use of digital payments, cloud-based applications, IoT, security ecosystem has become more complex. Besides, various SMBs are welcoming disruptive work culture through services such as BYOD and work-from-home, exposing the enterprise data prone to a number of cyber-attacks.

Market Players

The major vendors covered in the zero-trust security market include Cisco Systems Inc. (US), Akamai Technologies, Inc. (US), Palo Alto Networks, Inc. (US), Symantec Corporation (US), Okta, Inc. (US), Forcepoint, LLC (US), Centrify Corporation (US), Cyxtera Technologies (US), Illumio (US), Sophos Group Plc (UK), Google LLC (US), Microsoft, Inc. (US), VMware Inc. (US), Trend Micro Incorporated (Japan), Cloudflare (US), IBM Corporation (US), Fortinet (US), Check Point Software Technologies Ltd. (US), Pulse Secure, LLC (US), and ON2IT (Netherlands).

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, "Knowledgestore" 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:
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MarketsandMarkets™ INC.
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sales@marketsandmarkets.com
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At a CAGR of 25.1% In-Memory Analytics Market size is projected to exceed $3.85 Billion by 2022

October 22, 2019 by siddharth mnm  

According to new market research report on "In-Memory Analytics Market by Component (Software, Services), Application (Risk Management & Fraud Detection, Sales & Marketing Optimization, and Financial Management), Deployment, Organization Size, Vertical, Region - Global Forecast to 2022", The in-memory analytics market size is expected to grow from USD 1.26 Billion in 2017 to USD 3.85 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 25.1%.

The key forces driving the in-memory analytics market include the digital transformation using real-time analytics, technological advancement in computing power, growing data volume, and demand for self-service Business Intelligence (BI) tools.

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North America is expected to constitute the largest market share; Asia-Pacific (APAC) to grow at the highest CAGR

North America is expected to continue its dominance in terms of market share throughout the forecast period. Early adoption of new & emerging technologies and large number of in-memory analytics vendors in the region would help consolidate the majority of revenues in the market. The APAC region is expected to grow at the highest CAGR during the forecast period. Owing to the growing technology expenditures in countries, such as China & India and the demand for cost-effective analytical software & services among Small and Medium-Sized Businesses (SMBs) would drive the market growth during forecast period.

Risk management and fraud detection application segment is expected to constitute the highest market share during the forecast period

The organizations implement in-memory analytics solutions to enhance risk intelligence capabilities to fight with operational and financial risks. The companies are using advanced analytical tools to avoid, address, and quickly recover from major risk events. The risk management and fraud detection solution helps identify, monitor, analyze, and control risks.

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In-memory analytics software component is expected to contribute the largest market share in 2017

Among components, the in-memory analytics software is expected to continue its dominance throughout the forecast period. In-memory analytics solution empowers the user to perform quick data analysis and achieve real-time insights from the stored data. The falling Random Access Memory (RAM) prices and technological advancements in computing power have propelled the adoption of in-memory analytics software among end-users.

The major vendors providing in-memory analytics software and services are SAP SE (Walldorf, Germany), MicroStrategy Incorporated (Virginia, U.S.), Kognitio (Berkshire, England), SAS Institute, Inc. (North Carolina, U.S.), Hitachi Group Company (Tokyo, Japan), ActiveViam (London, UK), Oracle Corporation (California, U.S.), IBM Corporation (New York, U.S.), Information Builders (New York, U.S.), Software AG (Darmstadt, Germany), Amazon Web Services (Washington, U.S.), Qlik Technologies, Inc. (Pennsylvania, U.S.), ADVIZOR Solutions (Illinois, U.S.), and EXASOL (Nuremberg, Germany).

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 5000 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, "RT" 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.

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