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Global Debt Collection Software Market Size, Scope, Statistics, Opportunities, Challenges by 2023

July 2, 2019 by siddharth mnm  

According to new market research report on "Debt Collection Software Market by Component (Software and Services), End-User (Banks, Collection Agencies, Finance Companies, Healthcare), Organization Size (Large Enterprises and SMEs), Deployment Type, and Region - Global Forecast to 2023", The debt collection software market size is expected to grow from USD 2.64 billion in 2018 to USD 3.73 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period.

The growing need to provide customer-centric debt collection solutions, rising consumer requirements for self-service models for the collection process, and increasing specialized debt collection agencies across the globe are expected to drive the global debt collection software market during the forecast period.

 Browse and in-depth TOC on “Debt Collection Software Market

66 - Tables

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143 - Pages   

 

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The software segment is expected to account for the larger market size during the forecast period.

The software segment is expected to hold the larger market share during the forecast period in the global debt collection software market. Over the recent years, increasing debt volumes and complexities have created difficulties for organizations to effectively manage and recover the delinquent debts. The growth in unrecovered debts and inefficient debt management process has fueled the adoption of debt collection software by organizations across the globe. Debt collection software empower enterprises by managing and collecting their bad debts while reducing their debt recovery period and optimizing their debt management and recovery process.

The large enterprises segment is expected to account for the larger market share during the forecast period.

Organizations with more than 1,000 employees have been categorized as large enterprises. The use of the debt collection in large enterprises is relatively higher as compared to that of Small and Medium-sized Enterprises (SMEs). This higher use is due to the affordability and high economies of scale, which enables large organizations to benefit from the debt collection. Large enterprises have left no stone unturned to compete in today’s cut-throat competitive industry. Moreover, the need for a multichannel communication to reach debtors and improve the collection process would drive the growth of the debt collection software.

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North America is expected to account for the largest market size during the forecast period.

North America is expected to be the largest contributor to the debt collection software market in terms of regional revenue. This region comprises developed countries, such as the US and Canada. North America is open to the adoption of new and emerging technologies, and its strong financial position enables it to invest majorly in the leading tools and technologies for effective business operations. North America is projected to be in the leading position over the next few years, due to the early adoption of digital technologies and cloud-based platforms to take hold of the increasing bad debts rate. Hence, organizations in North America have a competitive edge over the other organizations from various regions.

Major vendors that offer debt collection software across the globe include FICO (US), Pegasystems (US), Temenos (Switzerland), Experian (Ireland), Chetu (US), FIS (US), EXUS (UK), Sopra Banking (France), Quantrax Corporation (US), Indus Software (India), Pamar Systems (US), Intellect Design (India), Kuhlekt (Australia), Adtec Software (UK), Katabat (US), Advantage Software Factory (Romania), Totality Software (US), CSS Impact (US), Nucleus Software (India), COFACE (France), Arvato (Germany), Ameyo (India), AgreeYa Solutions (US), SeikoSoft (US), and Debtrak (UK).

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
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Smart Building Market research report by MarketsandMarkets Forecast by 2022

June 28, 2019 by siddharth mnm  

According to recent market research report on  "Smart Building Market by Type (Building Automation Software, Services), Building Type (Intelligent Security System, Building Energy Management System, Infrastructure Management, and Network Management System), and Region - Global Forecast to 2022", The smart building market is expected to grow from an estimated USD 7.42 Billion in 2017 to USD 31.74 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 33.7% from 2017 to 2022.

The market is primarily driven by the growing demand for integrated security and safety systems and increasing government initiatives for smart building projects.

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73 - Tables                                                 

33 - Figures

126 - Pages   

 

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Based on type, the services segment is expected to witness the highest growth rate during the forecast period

Based on type, the services segment is projected to grow at the highest CAGR during the forecast period. This is due to the reason that service providers help in implementing intelligent automation and technologies for the efficient operation and maintenance of buildings in a cost-effective manner. The services included in the smart building market study are training & consulting, integration, and support offered by various vendors in this market. These services are considered as added offerings from technology vendors and services providers in the smart infrastructure ecosystem, which enhance the deployment and usage of solutions at end user premises.

Based on building type, the residential building segment is expected to grow at the highest CAGR during the forecast period

Based on building type, the residential building segment is expected to grow at the highest CAGR due to the ability of communication standards and protocols to integrate various control devices and minimize the use of wires due to the emergence of wireless technologies.

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Based on region, Europe is expected to account for the largest market share in the smart building market during the forecast period from 2017 to 2022

Europe is expected to account for the largest market share during the forecast period due to the increased initiatives by the region’s governments to build smart and intelligent structures. Also, the increase in the adoption of energy management as well as security solutions has led to the growth of the smart building market across regions.

The report encompasses the competitive landscape, which presents the positioning of 25 key vendors of smart building solutions and services, based on their product offerings and business strategies. Some of the major solution and service vendors include the ABB Group (Switzerland), Siemens AG (Germany), Schneider Electric (France), Cisco Systems, Inc. (US), International Business Machines Corporation (US), Delta Controls (Canada), Johnson Controls (US), Honeywell International Inc. (US), United Technologies Corporation (US), Legrand (France), BuildingIQ (US), Echelon Corporation (US), Hitachi, Ltd. (Japan), and Panasonic Corporation (Japan) among others.

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MarketsandMarkets™
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Cloud Services Brokerage Market Projected to reach $15.03 Billion by 2023

June 27, 2019 by siddharth mnm  

According to 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

66 - Tables

35 - Figures

142 - Pages  

 

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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).

Contact:
Mr. Rohan
MarketsandMarkets™ INC. 
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Suite 430 
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USA : 1-888-600-6441 
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Global Industrial Analytics Market Share & Size, Growth, Trends Opportunities by 2022

June 25, 2019 by siddharth mnm  

According to study of new market research report "Industrial analytics Market by Component (Software, Service), Analytics Type (Descriptive, Diagnostic, Predictive, and Prescriptive), Deployment Model, organization size, Industry Vertical, and Region - Global Forecast to 2022", The industrial analytics market is expected to grow from USD 11.29 Billion in 2017 to USD 25.51 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 17.7%.

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78 - Tables

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174 - Pages   

 

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The major forces driving the industrial analytics market are beginning of the fourth industrial revolution - industry 4.0, advent of Industrial Internet of Things (IIoT), and introduction of advanced data analytics techniques. The industrial analytics market is growing rapidly because of the transformation from traditional industrial Business Intelligence (BI) techniques for analyzing industrial data to advanced techniques and massive surge in the volumes of structured and unstructured data.

Customer analytics software is expected to grow at the highest CAGR

Industrial analytics tools comprise various software, including operational analytics, risk analytics, financial analytics, marketing analytics, customer analytics, and workforce analytics. Customer analytics is expected to witness growth at the highest CAGR during the forecast period, among all industry analytics software. Customer analytics provides an organization with a consolidated and real-time picture of a customer’s buying behavior and preferences. Businesses capitalize on this information, which helps in creating campaigns that target audience more accurately and gain a better understanding of effectiveness of marketing efforts.

Manufacturing vertical is estimated to have the largest market size in 2017

The industrial analytics market is also segmented into various industry verticals. Out of them, the adoption of industrial analytics is expected to be the highest in the manufacturing vertical. The benefits of using industrial analytics in the manufacturing vertical are to gain a competitive advantage by improving the efficiency across the product life-cycle and providing a relationship between decision-making and Return on Investment (ROI).

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North America is expected to dominate the industrial analytics market during the forecast period

North America is estimated to hold the largest share of the industrial analytics market in 2017, due to technological advancements and early adoption of analytics solutions in the region. The market in APAC is expected to grow at the highest CAGR between 2017 and 2022. The primary driving forces for this growth are increasing technological adoption and huge opportunities across industry verticals in APAC countries, especially India, China, and Japan.

The report also encompasses different strategies, such as acquisitions, partnerships & collaborations, and product developments, adopted by major players to increase their share in the market. Major technology vendors in the industrial analytics market include General Electric (US), IBM Corporation (US), Microsoft Corporation (US), Oracle Corporation (US), PTC, Inc. (US), SAS Institute (US), SAP SE (Germany), Cisco Systems, Inc. (US), HPE (US), Intel Corporation (US), Hitachi, Ltd. (Japan), TIBCO Software, Inc. (US), AGT International (Switzerland), Bridgei2i Analytics Solutions (India), and Alteryx, Inc. (US).

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: 
sales@marketsandmarkets.com

 

 

HR Analytics Market will expected to reach $3.6 billion by 2024

June 24, 2019 by siddharth mnm  

According to new market research report "HR Analytics Market by Component, Application Area (Workforce Management, Recruitment, and Employee Development), Organization Size, Deployment Type, Vertical (BFSI, Manufacturing, and IT and Telecom), and Region - Global Forecast to 2024", is expected to grow from USD 1.9 billion in 2019 to USD 3.6 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period.

The increasing demand to automate HR processes, scaling HR personnel  effort with the help of advanced technologies, and growing need to enhance workforce engagement are some of the major factors driving the growth of the HR analytics market.

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70 - Tables                                                 

34 - Figures

135 - Pages   

 

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The workforce management segment to hold the largest market size during the forecast period

The workforce management application area is widely adopted across verticals, owing to the need to place right people at right job for meeting business objectives. Labor is one of the biggest expenses to be bared by organizations. The use of HR analytics enables organizations to predict and forecast an accurate number of employees required to complete a particular job. Enterprises employ the HR analytics solution for standardizing processes across varied departments. The adoption of the HR analytics solution enables organizations to increase employees’ productivity, performance, and satisfaction.

The Banking, Financial Services, and Insurance (BFSI) vertical to hold the largest market size during the forecast period

The BFSI vertical is undergoing massive disruption, due to regulatory changes and competitive pressures. It is facing unique challenges, such as low-profit margins, information security threats, and compliance requirements. The challenges encourage the BFSI vertical to adopt HR analytics for aligning workforce to streamline operations and minimizing workforce costs. With the advent of mobile technology, customer preferences and behavior are changing. Enterprises are emphasizing on adopting the HR analytics solution to boost the performance of their sales employees and marketing representatives. The solution leads to better customer satisfaction and engagement.

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

The HR analytics solution has a wide scope of usage among enterprises, as it assists businesses in managing different applications, such as payroll, retention, recruitment, workforce management, employee engagement, and employee development. This has created opportunities for vendors to provide the HR analytics solution to enterprises across different verticals and help them in managing complex functions, such as recruiting, on-boarding, and training of employees.

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

North America is estimated to account for the highest market share in 2019. The region comprises developed countries, such as the US and Canada, and is considered the most advanced region in terms of adopting digital technologies. The North American region houses key industry players offering HR analytics solution and services. Its financial position enables it to invest majorly in leading solutions and technologies for effective business operations.

The key vendors in the HR analytics market are Oracle (US), SAP (Germany), Infor (US), Workday (US), Sage Software (UK), Kronos (US), MicroStrategy (US), IBM (US), Tableau (US), Zoho (India), Crunchr (Netherland), Visier (Canada), TALENTSOFT (Paris), GainInsights (India), and Sisense(US).

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
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Application Transformation Market will expected to reach $16.8 billion by 2024

June 21, 2019 by siddharth mnm  

According to new market research report "Application Transformation Market by Service (Cloud Application Migration, Application Replatforming, Application Integration), Organization Size, Vertical (Retail, IT & Telecom, Government, Healthcare, Manufacturing), and Region - Global Forecast to 2024", The global application transformation market size to grow from USD 9.7 billion in 2019 to USD 16.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.6% during 2019–2024.

The emergence of cloud and big data technologies has taken the transformation process to a new and advanced level. The enterprises are striving to achieve a competitive advantage, which can be achieved with the application transformation process in place. The constant need to be updated with new technologies and enhance the Return on Investment (RoI) requires a scientific approach and agile methodology to mitigate the key risks and challenges involved in the existing legacy applications. These factors are expected to drive the global application transformation market.

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44 - Tables

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114 - Pages   

 

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Application integration service to account for the highest market share during the forecast period

Application integration is the process of integrating one or more application program’s data or processes with that of other application programs. The existing legacy applications can be integrated into new applications, which leverage the internet, eCommerce, extranet, and other new technologies. Application integration assists in the maintenance and presentation of the data in various application systems, which are synchronized. It can connect to backend application systems to retrieve and insert data. Application integration is necessary for organizations to optimize their IT landscapes, gain business agility, and easily access data from devices and social channels

Large enterprises to account for a higher market share during the forecast period

Large enterprises are defined as business entities employing over 1,000 employees. The adoption of application transformation in large enterprises is high, and the trend is expected to continue during the forecast period. The large enterprises are keen to invest in new and latest technologies to run their business effectively. These enterprises are modernizing their legacy applications to reduce their Capital expenditure (CapEx) and Operating expense (OpEx). The enterprises have dedicated in-house Information Technology (IT) resources with large IT budgets, therefore, can consider deploying a variety of application modernization strategies.

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North America to account for the highest market share during the forecast period

The US accounts for the highest market share in the application transformation market. The US and Canada are also the leading countries in retail, financial services, banking, and other industries, such as transportation and manufacturing. The US is expected to have the highest market share among all the countries in the application transformation market during the forecast period. It is a technologically advanced country with strong regulations for various verticals.

Major vendors in the global application transformation market include Atos (France), Tech Mahindra (India), Fujitsu (Japan), HCL (India), Cognizant (US), Pivotal Software (US), Accenture (Ireland), IBM (US), TCS (India), Asysco (Netherlands), Unisys (US), Hexaware (India), Oracle (US), Micro Focus (UK), Bell Integrator (US), and Macrosoft (US).

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
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DDoS protection Market and Mitigation Market : Trends, Scope, Size, Share, Forecast 2023

June 21, 2019 by siddharth mnm  

According to market research report "DDoS Protection and Mitigation Market by Component (Hardware Solutions, Software Solutions, and Services), Application Area (Network, Application, Database, and Endpoint), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2023", The DDoS protection and mitigation market size is expected to grow from USD 1.94 Billion in 2018 to USD 4.10 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period.

The DDoS protection and mitigation market is gaining traction, due to the rise in volumetric DDoS attacks that cause traffic congestion by flooding networks with numerous illegitimate network packets.

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77 - Tables                                                 

55 - Figures

195 - Pages   

 

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The high demand for cloud-based and hybrid DDoS protection and mitigation solutions among enterprises is expected to drive the DDoS protection and mitigation market over the next 5 years.

The services segment is expected to play a key role in the DDoS protection and mitigation market.

The services segment is expected to play a vital role in changing the DDoS protection and mitigation market landscape and grow at the highest CAGR during the forecast period. Services offered by DDoS protection and mitigation vendors are classified into professional and managed services. The rise in the demand for DDoS services is due to the need to protect websites, networks, and critical infrastructure devices, as well as, to reduce the downtime and business risks. Cyberattacks on websites are increasing at an alarming rate and have compelled organizations to adopt robust security services for addressing risks in the continuously evolving threat landscape. Services offered by DDoS protection and mitigation vendors help safeguard websites, networks, and layer 3 and layer 7 threats.

The Small and Medium-sized Enterprises (SMEs) segment is expected to grow at the fastest rate.

In the DDoS protection and mitigation market, Small and Medium-sized Enterprises (SMEs) are expected to be the fastest-growing segment, as these enterprises have become the key targets for cyber terrorists or hacktivist. SMEs need to appraise their security systems to effectively close the gaps that slowdown the performance of their servers. Hence, it has become essential for SMEs to incorporate DDoS protection techniques, such as scrubbing services, Border Gateway Protocol(BGP) routing, sinkholing, null routing, and Domain Name Server(DNS) routing.

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North America is expected to have the largest market size in the DDoS protection and mitigation market.

North America is expected to have the largest market size in the DDoS protection and mitigation market, due to the growing trends such as Internet of Things (IoT), Internet of Everything (IoE), Industrial Internet of Things (IIoT), and Bring Your Own Device (BYOD) have brought tremendous growth in the region. Asia Pacific (APAC) is expected to be the fastest-growing region during the forecast period, owing to the factors such as the region has a large number of established SMEs that are growing at an exponential rate and these enterprises are increasingly adopting DDoS protection and mitigation solutions and services. Furthermore, the market in regions such as Middle East and Africa (MEA) and Latin America is expected to grow, due to the increasing technological proliferation across manufacturing, and energy and utilities industry verticals.

Major vendors in the DDoS protection and mitigation market include Arbor Network (US); Akamai Technologies (US); F5 Networks (US); Imperva (US); Radware (Israel); Corero Network Security (US); Neustar (US); Cloudflare (US); Nexusguard (Hong Kong); A10 Networks, (US); Fortinet (US); Huawei Technologies (China); Verisign (US); Zenedge (US), Sucuri (US); SiteLock (US); Flowmon Networks (Czech Republic); StackPath, (US); DOSarrest Internet Security (Canada); Century Link (US) ; NSFOCUS (US); Corsa Technology (Canada); Rackspace (US); Allot (Israel); and Seceon(US).

Contact:
Mr. Rohan
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
sales@marketsandmarkets.com

 

 

Case Management Market: Industry Analysis, Opportunities, Size, Trends, Forecast by 2022

June 21, 2019 by siddharth mnm  

According to new market research report "Case Management Market by Component (Solution and Services), Service (Professional Services and Managed Services), Business Function, Deployment Mode (Cloud and On-premises), Organization Size, Vertical, and Region - Global Forecast to 2022", The case management market is expected to grow from USD 4.79 Billion in 2017 to USD 7.62 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period.

The major forces driving the case management market growth are the ongoing trend of digitalization in the IT industry and increasing demand for software automation and innovative applications.

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70 - Tables

35 - Figures

128 - Pages   

 

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The solution segment is estimated to have the larger market share in the case management market in 2017.

The demand for case management solutions is increasing in organizations, irrespective of the organization size. The deployment of case management solutions varies according to the different needs of the end-users. The large enterprises segment is estimated to dominate the market with the larger market size, as large organizations in industries, such as banking and government, have various complex business processes.

The retail vertical is expected to grow at the highest CAGR in the case management market during the forecast period.

The retail vertical is expected to witness the fastest growth rate, as the vertical has increased its spending in Customer Relationship Management (CRM) to manage customers’ needs, thereby helping enterprises in the vertical increase the efficiency of their business processes. IT has become an essential part of every retail business and has streamlined customer-centric processes in the retail vertical. Companies are trying to improve their competitive edge, exceed customer expectations, and increase revenues.

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North America is expected to contribute to the largest market share, whereas Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period.

North America is expected to have the largest market share and dominate the case management market during the forecast period, due to the high number of early technology adopters in this region. Specific budget allocations and mandated case management policies are expected to make North America the most lucrative region for the growth of case management vendors. The increasing demand for case management solutions in major verticals, such as government; Banking, Financial Services, and Insurance (BFSI); and retail, is expected to be a major factor supporting the overall growth of the case management market in the region. The market in APAC is expected to grow at the highest CAGR during the forecast period. The main reason for this high growth is the widespread adoption of case management solutions in both Small and Medium-sized Enterprises (SMEs) and large enterprises to simplify their business processes.

The major case management vendors include Pegasystems (US), Appian (US), IBM (US), Newgen Software (India), DST Systems (US), Dell Technologies (US), AINS (US), Pulpstream (US), and Kofax (US).

Contact:
Mr. Rohan
MarketsandMarkets™ INC. 
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Suite 430 
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USA : 1-888-600-6441 
sales@marketsandmarkets.com

 

 

Global Neural Network Software Market | Trends, Growth, Size, Forecast, Opportunities, Challenges by 2021

June 21, 2019 by siddharth mnm  

According to new market research report  "Neural Network Software Market by Type (Data Mining and Archiving, Analytical Software, Optimization Software, and Visualization Software), Vertical, and Region - Global Forecast to 2021", The global neural network software market to expand from USD 7.17 Billion in 2016 to USD 22.55 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 33.2%.

The neural network software market is growing rapidly owing to the increasing need for data archiving tools in order to organize the data generated from varied end use sectors.

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72 - Tables

47 - Figures

149 - Pages   

 

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Analytical tool is expected to dominate the neural network software market in terms of software type

The studies study for global neural network software market encompasses the evaluation of the market on the premise of software program sorts, that's in addition segmented into data mining and archiving, analytical software, visualization software, and optimization software. The deployment of analytical software program is particularly driven by means of the growing call for for information predictive solutions across various stop-use sectors specifically in Banking, Financial Services, and Insurance (BFSI), healthcare, energy & utilities, and media.

BFSI sector is expected to hold the largest market share

The neural network software cease customers are segmented into BFSI, government & defense, electricity & utilities, media, healthcare, commercial manufacturing, retail & eCommerce, transportation & logistics, telecom & IT, and others. The BFSI sector holds the big scale software areas for neural network generation, which consist of inventory market analysis, foreign exchange perdition, and other such sports, thereby maintaining the most important market share amongst other end-use verticals studied for the marketplace analysis.

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North America is expected to be the most lucrative market in 2016

The studies observe encompasses regional market analysis for North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America at the side of some of the principal nations within the specific areas. North America is expected to maintain the biggest share of the neural network software market in 2016, observed by Europe.

The rapid tendencies in infrastructure and higher adoption of digital technologies are the two foremost drivers that boom the demand for the neural network software market. Furthermore, the U.S.Is the maximum technologically advanced place with the presence of different enterprise verticals such as BFSI, healthcare, retail & eCommerce, strength & utilities, and plenty of others.

The prominent players in the artificial neural network ecosystem are Google Inc. (California, U.S.), IBM Corporation (New York, U.S.), Microsoft Corporation (Washington DC, U.S.), Intel Corporation (California, U.S.), Oracle Corporation (California, U.S.), SAP SE (Waldorf, Germany), and Qualcomm Technologies Inc. (California, U.S.). The key innovators concentrating mainly on neural network software include Alyuda Research LLC (California, U.S.), Neural Technologies Ltd. (England, U.K.), Ward Systems Group Inc. (Maryland U.S.), Afiniti (Washington DC, U.S.), GMDH LLC (New York, U.S.), Starmind International AG (Küsnacht, Switzerland), Neuralware (Pennsylvania, U.S.), Slagkryssaren AB (Stockholm, Sweden), AND Corporation (Ontario, Canada), and Swiftkey (London, U.K.).

 

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Global Spear Phishing Market by Services, Deployment Type, Component, Organization Size.

June 20, 2019 by siddharth mnm  

According to new market research report on "Spear Phishing Market by Component (Solutions, Services), Deployment Type (Cloud, Hybrid, On-Premises), Organization Size (SMEs, Large Enterprises), Vertical (BFSI, Government & Defense, Critical Infrastructure), and Region - Global Forecast to 2022", The spear phishing market is projected to grow from an estimated USD 840.7 Million in 2017 to USD 1,401.6 Million by 2022, at a CAGR of 10.8% from 2017 to 2022.

Browse and in-depth TOC on “Spear Phishing Market

47 - Tables                                                 

71 - Figures

130 - Pages   

 

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The market is principally determined by the expanding spear phishing assaults, expanding reception of BYOD strategy in associations and the development of cloud email security arrangements. In addition, rising digital dangers to basic framework, and the developing volume of computerized information, is driving the selection of spear phishing arrangements.

Based on component, the solutions segment is expected to grow at the highest CAGR during the forecast period

In light of part, the spear phishing market has been divided into arrangements and administrations. The arrangements section is required to develop at the most noteworthy CAGR from 2017 to 2022. Arrangements give sifting spam, information misfortune counteractive action, email encryption, danger knowledge, email documenting, and cautions for malware assaults, which is driving the development of the arrangements section of the spear phishing market.

Based on vertical, the critical infrastructure segment is projected to grow at the highest CAGR during the forecast period

In light of vertical, the basic framework fragment is evaluated to develop at the most noteworthy CAGR in the spear phishing market. The basic foundation industry vertical incorporates vitality network plants, atomic plants, and water offices. The interest in this section can be fundamentally credited to the ascent in speculations for mechanical and security based arrangements.

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Latin America spear phishing market estimated to grow at the highest CAGR during the forecast period

The spear phishing market has been considered for North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America. The most noteworthy development rate of the Latin America district can be ascribed to the expanding utilization of cell phones in this locale, as likewise ascend sought after for arrangements from BFSI and different verticals is driving the spear phishing market in this area. Nations, for example, Mexico, Brazil, Argentina, Chile, Panama, and Venezuela are relied upon to observe high development rates in the spear phishing market.

Major players in this market include Bae Systems PLC (U.K.), Barracuda Networks, Inc. (U.S.), Cisco Systems, Inc (U.S.), Forcepoint, LLC (U.S.), GreatHorn, Inc. (U.S.), Intel Security (U.S.), Microsoft Corporation (U.S.), and Proofpoint, Inc. (U.S.), among others.

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