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Wearable Technology Market – Penetration of Smartphones to Propel the Global Wearable Technology Market

The global wearable technology market is anticipated to grow significantly in coming years. The report goes for evaluating the market size and future development capability of the wearable innovation market in light of types, items, application, and area. The report breaks down the market structure by distinguishing different sub-segments of the wearable technology market. The two primary motivations behind wearable technology are to keep a check on different substantial markers and to engage the client associated with the computerized world by synchronizing to parent electronic gadgets, for example, cell phones. Adidas, Abbott, Sony, Google, Zephyr, Medtronic, Nike, Eurotech, Suunto, and Garmin International Inc. are some of the leading players in the market.

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Some wearable gadgets can likewise process information picked up from the markers they screen and take activities, for example, medicate delivery in response. The global market for wearable technology is anticipated to be on the peak attributable to developing interest from more youthful socioeconomics and the high registering power wearable gadgets give in a generally little and minimal size. According to Transparency Market Research (TMR), the worldwide wearable technology market, was worth US$750 million of every 2012. It is relied upon to make additionally contribution in the coming times, at a robust CAGR of 40.8% within the forecast period between 2012 and 2018. The 2018 estimation of the worldwide wearable technology market is relied upon to be worth US$5.8 bn, a hop of near 800% in its 2012 share.

Developing awareness among the worldwide people with respect to their prosperity, the real driving element of the worldwide wearable technology market, is projected in the chain of importance of the market, as the medicinal and healthcare end-use segment took up an overwhelming 35.1% share in year 2012. Healthcare and fitness took after the healthcare industry part as the biggest end client of wearable electronic gadgets. Persistent glucose monitors are also a huge portion in the medicinal and social insurance industry attributable to the developing pervasiveness of diabetes in the rising economies of Latin America and Asia Pacific. Insulin delivery gadgets additionally assume a noteworthy part in the ruling of the healthcare and medical segment in the worldwide wearable technology market.

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The adoption of wearable technology is ceaselessly expanding in the U.S. with the expanding interest for wristwear/fitness wear, and wellbeing and health observing applications among others. The U.S. offers a perfect domain for development, which has encouraged gigantic progressions in the wearable technology. The presence of several main players in the American locale and the developing interest for customer gadgets, for example, wearable gadgets and gaming comforts are additionally boosting the reception of wearable technology in various end-client enterprises (which incorporates excitement and social insurance). What’s more, the developing enthusiasm for ventures and advancements in applications, for example, medicinal services, article of clothing and mold is driving the development of the wearable technology market in the America.

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Computer Aided Detection Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 – 2025

Transparency Market Research (TMR) states that EDDA Technology, Inc., Agfa-Gevaert N.V., Hologic, Inc., Fujifilm Medical Systems, Inc., and iCAD, Inc. are some of the leading players in the global computer aided detection (CAD) market. The competitive landscape is quite fragmented, reports TMR. The competition is expected to intensify in the coming years as several new players and startups are entering the market with technological upgrades. Mergers and acquisitions and technological innovation are expected to give the international players an edge over others in the near future.

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According to the report, the global computer aided detection market is projected to reach US$1115.3 mn by the end of 2025. The global market is expected to surge at CAGR of 9.8% from 2017 to 2025. The report points out that the computer aided detection technology will be predominantly used for detection and diagnosis of breast cancer in the healthcare sector. Owing to this reason, the breast cancer segment held a share of 70% in the global market in 2016 and is expected to continue on similar lines. Geographically, North America is leading the global with a share of 62%. High incidence of cancer in the region and better healthcare facilities are driving this regional segment.

The dramatic change in the levels of pollution and changes in lifestyle have, over time, led to a rise in the number of cancer cases. The high incidence of various types of cancer such as prostrate, breast, lunch, colorectal, and others has triggered a need for technologically advanced computer aided detection solutions. These are sophisticated imaging technologies have played a critical role in enabling accurate magnetic resonance imaging, mammography, ultrasound imaging, and nuclear imaging among others. This has increased the demand for CAD in multispecialty hospitals, ensuring growth of this market in coming years. The market is also being driven by exceptional advancements in digital imaging, development of efficient CAD solutions, quick integration of CAD solutions in a wide range of imaging equipment, and growing awareness among the patients about early detection of cancer.

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Medical researchers and practitioners have only been recently using medical imaging devices that are integrated with computer aided detection. The need for computational assistance came from the increasing demand for error-free detection. With technological advancement, CAD has enabled an accurate assessment of the condition that patient maybe suffering from. CAD has achieved this by increasing the sensitivity of diagnostic imaging obtained from radiological imaging devices in the practice of medical investigation and differential diagnostics. Statistics released by WHO state, there is a likelihood of a 30% rise in the number of cancer cases by 2038. The organization further reveals that one third out of these will meet a fatal end due to behavioral and dietary risks. Poor body mass index, low fruit and vegetable intake, tobacco use, alcohol use, and lack of physical activity have been identified as the key causes of cancer cases and morbidity.

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Computer Aided Detection Market: Rise in Incidence of Cancer Drives Demand for CAD

Transparency Market Research (TMR) states that EDDA Technology, Inc., Agfa-Gevaert N.V., Hologic, Inc., Fujifilm Medical Systems, Inc., and iCAD, Inc. are some of the leading players in the global computer aided detection (CAD) market. The competitive landscape is quite fragmented, reports TMR. The competition is expected to intensify in the coming years as several new players and startups are entering the market with technological upgrades. Mergers and acquisitions and technological innovation are expected to give the international players an edge over others in the near future.

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According to the report, the global computer aided detection market is projected to reach US$1115.3 mn by the end of 2025. The global market is expected to surge at CAGR of 9.8% from 2017 to 2025. The report points out that the computer aided detection technology will be predominantly used for detection and diagnosis of breast cancer in the healthcare sector. Owing to this reason, the breast cancer segment held a share of 70% in the global market in 2016 and is expected to continue on similar lines. Geographically, North America is leading the global with a share of 62%. High incidence of cancer in the region and better healthcare facilities are driving this regional segment.

The dramatic change in the levels of pollution and changes in lifestyle have, over time, led to a rise in the number of cancer cases. The high incidence of various types of cancer such as prostrate, breast, lunch, colorectal, and others has triggered a need for technologically advanced computer aided detection solutions. These are sophisticated imaging technologies have played a critical role in enabling accurate magnetic resonance imaging, mammography, ultrasound imaging, and nuclear imaging among others. This has increased the demand for CAD in multispecialty hospitals, ensuring growth of this market in coming years. The market is also being driven by exceptional advancements in digital imaging, development of efficient CAD solutions, quick integration of CAD solutions in a wide range of imaging equipment, and growing awareness among the patients about early detection of cancer.

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Medical researchers and practitioners have only been recently using medical imaging devices that are integrated with computer aided detection. The need for computational assistance came from the increasing demand for error-free detection. With technological advancement, CAD has enabled an accurate assessment of the condition that patient maybe suffering from. CAD has achieved this by increasing the sensitivity of diagnostic imaging obtained from radiological imaging devices in the practice of medical investigation and differential diagnostics.

Statistics released by WHO state, there is a likelihood of a 30% rise in the number of cancer cases by 2038. The organization further reveals that one third out of these will meet a fatal end due to behavioral and dietary risks. Poor body mass index, low fruit and vegetable intake, tobacco use, alcohol use, and lack of physical activity have been identified as the key causes of cancer cases and morbidity.

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Edutainment Market: Comprehensive Analysis and Future Estimations 2019 – 2027

A change in the trend has been observed in the education field. People have started implementing advanced technologies to provide a better understanding of real-time world. Even the edutainment centers such as science centers, children’s museums, aquariums, zoos, and botanical garden are registering educational aspect seriously besides amusements and entertainments.  One of the major factors influencing the growth of edutainment market is adoption of gaming methods for education. Taking these aspects into consideration, the edutainment market is predicted to reach worth of US$10,120.2 Mn by the end of 2027 as per the report given Transparency Market Research

Lately, store owners and malls have started implementing digital strategies to provide better in-store experience to the customers. Hence, they have started deploying educational fun activities for all the age groups. The gaming type can be categorized in the interactive, explorative, non-interactive, and hybrid combination games.  Among all the game categories, the explorative gaming type segment is predicted to cover highest CAGR across the globe during the forecast years. This is a driving factor for the edutainment market in the coming years.

Education with Entertainment is New Growth Agenda

Based on visitor demographics, it is observed that children (0-12 years) are engaging in learning activities through games. Hence, this segment is predicted to contribute to the expansion of edutainment market substantially in the forecast period.

On the basis of geographical segment, North America is expected to lead the edutainment market with a prominent share. This is due to the surge observed in adoption of edutainment by children (0-12 years) and teenagers (13-18 years). Asia Pacific might witness highest growth in adoption of edutainment market in between 2017 and 2027. Furthermore, it is expected that markets in Middle East and Africa (MEA) will grow significantly along with the market in South America in the forecast period.

Disparity in Numbers is Pushing Technical Innovations Boundaries

Despite the fact that the worldwide population is growing at a considerably high rate, the number of edutainment centers are increasing moderately around the globe. Policy makers and experts opine that edutainment centers will open up in untapped markets.

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To combat the gap, edutainment companies are focusing on developing technologies that can improve the gaming experiences at edutainment centers. They have come-up with the idea of mixing AR and VR technologies with the help of 3-D projection mapping. Furthermore, they have tried to implement interactive digital surface to create technological advanced games in the edutainment market.

Some of the key players in the edutainment market are Center, Kindercity, Little Explorers, CurioCity, Totter’s Otterville, Kidzania, Mattel Play! Town, Pororo Parks, and Legoland Discovery Plabo.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Edutainment Market (Gaming Type – Interactive, Non-interactive, Explorative, Hybrid Combination; Facility Size – 5,001 to 10,000 Sq. Ft., 10,001 to 20,000 Sq. Ft., 20,001 to 40,000 Sq. Ft., > 40,000 Sq. Ft.; Revenue Source – Entry Fees and Tickets, Food and Beverages, Merchandising, Advertising; Visitor Demographics – Children (0-12 years), Teenager (13-18 years), Young adult (19-25 years), Adult (25+ years)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027”

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Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with aims of various industries. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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Software Containers Market: Growth Opportunities and forecast 2016 – 2024

Software container is used for maintaining various software within a single repository. Container helps in isolating the data and application from other existing applications. Main objective of a container is to separate application from the network infrastructure and operating system. It is integrated within the kernel of the operating system and performs virtualization of the instance of that particular application.

Software containers make sure that any particular software would run properly after they are moved from one computing environment to the other. Containers have gained immense popularity during recent years due to the reduced need of using a licensed operating system for each application stored in repository. Previously, all the software applications were run on a separate operating system, this new feature of containers enables the application to manage itself and receive only those resources which are needed by it.

Vendors are competing to fill the gaps in container use, which includes security, networking, data services and management and orchestration. Increasing number of open source software projects and commercial backing received by these projects is driving the market. Open source community efforts are preferred compared to the vendor specific tools and services. Software container market has high potential to grow in the future as new technologies are emerging to improve the current architecture of containers.

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Containers provide lightweight and efficient services compared to virtualization technology. Containers have a single operating system which they share with other containers using kernels. It results in low consumption of resources compared to virtualization. Size of the container is only in tens of gigabytes whereas size of the virtual machine including its operating system could be up to several gigabytes. Due to the smaller size of containers, server can store large number of containers compared to a few virtualization machines. Also, boot time is reduced significantly with the help of containers.

The software container market is divided on the basis of applications which are monitoring and logging, security, storage and continuous integration/continuous deployment (CI/CD), management and orchestration, networking and data management and services. Furthermore, on the basis of geography, software container market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Major players associated with the software container market include CoreOS, Inc., Docker Inc., Codenvy, Inc. etc.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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System Integration Market: Pin-Point Analysis For Changing Competitive Dynamics 2019 – 2029

Global System Integration Market: Overview

The global system integration market is slated to grow at a stellar pace in the times to follow. The need for resource optimization across industrial and commercial units has created a plethora of opportunities for market growth. An industrial unit is characterised by the presence of several sub-components that operate in the physical and virtual spaces. Furthermore, commercial units also consist of an integrated ecosystem of various nodes and technologies that are knit together to produce desired outcomes. Therefore, the relevance of system integration in the context of industrial and commercial growth cannot be underestimated..

In this review, Transparency Market Research (TMR) sheds value on some of the prominent dynamics of growth within the system integration market. The need to ensure that all the subsystems of an economic setup function with ease and smoothness has aided market growth. The regional dynamics of the global system integration market reveal that North America and Europe are undergoing digital transformation that shall in turn aid the growth of regional system integration market.

Global System Integration Market: Notable Developments

In light of the growing focus on digitalisation across the corporate sector, the following developments have taken shape across the system integration market.

  • Deloitte is making formidable efforts to fit into the requirements of companies for system integration. With a wide range of customers in industries such as marine, pharmaceuticals, and healthcare, Deloitte is a known name for system integration. The distinct integration strategy of the company, coupled with its long-term experience, has given a thrust to market growth.
  • Tata Consultancy Services (TCS) is also a well-acclaimed player in the global system integration market. The expertise of TCS in providing system integration to several industrial players has given a thrust to market growth. TCS has a wide consumer base across the US and UK. The outsourcing of services to TCS, especially by firms in the US and UK, is an important dynamic of market growth.

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System Integration Market: Key Players

  • Wipro
  • Capgemini
  • Polytron
  • Infosys 

Global System Integration Market: Growth Drivers

  • Need for Enterprise Resource Planning to Drive Demand

Enterprise resource planning has emerged as an important system that helps in fostering agility, ease, and resilience across an operational industrial or commercial unit. It is a software platform that enables faster production, delivery, and restoration. In the context of industrial manufacturing, ERP ensures operational and financial efficiency through the use of easily navigable software technologies. The nimble approach followed by companies, through the use of ERP, has helped in driving demand within the global market. Furthermore, ERP helps in increasing the efficiency of the workforce, and eliminates the need for manual labour in several domains.

  • Need for Multiple Business Verticals

Coordination between various business verticals of a company is key in ensuring smooth and seamless functioning. Several industries and commercial units focus on combining the synergies of their sub-components in order to initiate new operations. Furthermore, the importance of cooperation across various sub-domains within the industrial sector has also aided market growth. Communication of information and sharing of insights becomes easier with the help of system integration platforms. Therefore, the need for resilient functioning within commercial and business units shall drive demand within the global market. The need for fostering overarching functionality across the industrial sector is an important dynamic of market growth.

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Biometric Payment Market: Structure and Overview of Key Market Forces Propelling Market  2019 – 2028

Global Biometric Payment Market: Snapshot

The global biometric payment market is all set to experience upward graph of revenues during the forecast period of 2019 to 2028. This growth is attributed to plethora of reasons. Rising use smart devices, increased penetration of Internet, digitalization, and rising number of mobile transactions are some of the key reasons stimulating the growth of the global biometric payment market.

An upcoming research report from Transparency Market Research (TMR) on the biometric payment market aims to offer 360-degree analysis of vital elements supporting or hindering the market growth. Apart from this, this report intends to offer reliable data on volume, share, revenues, and key players working in the global biometric payment market. Thus, the report works as a helpful guide that provides valuable insights of the said market during the forecast period of 2019 to 2028.

The global biometric payment market is segmented on the basis of various key factors such as industry vertical, mode of payment, and region.

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Global Biometric Payment Market: Growth Dynamics

Owing to consistent demand for advanced security and identification systems during transaction or payment processes, major population from all across the world is inclined toward the use of biometric payment systems. This factor is boosting the growth of the global biometric payment market. The global biometric payment market is growing on the back of rising demand from various end-user industries. BFSI, industrial, hospitality, and retail are some of the key industries showing lucrative avenues for the growth of the global biometric payment market.

BFSI is one of the key industries offering stupendous demand avenues for the global biometric payment market. In recent times, majority population in the world is adopting online or digital payment methods owing to ease of operation they offer. This factor is driving the growth of the global biometric payments market. In addition to this, biometric payment terminals offer advanced security services. This feature is responsible for driving demand for the market.

The list of key players in the global biometric payment market includes:

  • Precise Biometrics
  • NXP Semiconductors
  • Linxens
  • ZWIPE
  • IDEMIA
  • CardLab
  • Gemalto NV

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Salesforce Services Market: Granular View of The Market from Various End-Use Segments 2019 – 2027

Global Salesforce Services Market: Overview

In the present time, every organization wants to provide connected and improved customer experiences across various departments and channels. Salesforce service providers are making an offering of end-to-end support to the end-users. Salesforce services are tailor-made to cater to the varied requirements of the customers. Riding on the back of high demand across industries, the global salesforce services market is expected to make rapid strides along its growth trajectory during the review period, from 2019 to 2027.

The global salesforce services market has been segmented based on type of service, application, vertical, and region.

Global Salesforce Services Market: Notable Developments

The global salesforce services market has witnessed many changes over time. One such development that has made a mark in the market is mentioned below:

  • In December 2017, Salesforce, leading provider of CRM services, introduced a top-notch analytics tool called Salesforce Einstein Analytics. This advanced tool is meant to assist CRM users worldwide to with an added layer of artificial intelligence (AI). Integration of AI into the workflow of analytics enables CRM insights and suggests course of action to be taken to improve sales and marketing campaigns. It also offers enhanced customer experience. As such, the introduction of Salesforce Einstein Analytics is expected to positive impact the salesforce service market across the globe.

Some of the leading market vendors of the global Salesforce Services market are as follows

  • Accenture PLC
  • Salesforce.com, Inc.
  • Deloitte Touche Tohmatsu Limited
  • DXC Technology Company
  • NTT DATA Corporation
  • Tech Mahindra Limited.

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Global Salesforce Services Market: Key Trends

The following drivers and trends are expected to define the global salesforce services market during the assessment timeframe.

Increased Focus on Customer Satisfaction to Augment Demand

Supporting technological evolutions that is prevailing in the global salesforce services market, business organizations are gradually drifting away from totally on-premise solutions and making way for three emerging cloud computing services, namely Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). Various CRM tools, such as salesforce services are adopted by enterprises of different sizes due to their compatibility and countless features.

The global salesforce services market is expected to benefit from the growing adoption of salesforce services in the banking, financial services, and insurance (BFSI) sector. This trend is highly likely to continue over the period of forecast, from 2019 to 2027. Of late, the BFSI sector has placed utmost importance on customer retention and real-time, effective customer engagement spreading across various platforms. Customer oriented approach in the BFSI sector is likely to offer ample growth opportunities to the global salesforce services market.

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Predictive Analytics Market: Repository of Analysis and Information for Every Facet of the Market 2019 – 2027

Global Predictive Analytics Market: Overview

Industry 4.0 is expanding at an unprecedented rate. With the expansion of fourth industrial the global predictive analytics market is also expected to grow substantially in the projected tenure of 2019 to 2027. Moreover, growing industrialization and demand for automation in almost every business vertical is also anticipated to fuel the growth of market during the tenure of 2019 to 2027. Additionally, with the technological developments in business sectors such as manufacturing and logistics, the demand for predictive analytics solutions is projected to grow exponentially in coming years. This as a result is projected to boost the growth of global predictive analytic market from 2019 to 2027.

A Transparency Market Research report offers a 360 degree view of the market and helps the readers to understand the dynamics that are prevalent in the global predictive analytics market. The repot enlightens key areas such as development, trends, challenges, and opportunities that is driving the growth of market.

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Global Predictive Analytics Market: Notable Developments and Competitive Analysis

The global predictive analytics market is highly competitive and fragmented. This scenario of the market makes the entry of the new players difficult for the new players. This because of the presence of well-established players that dominates the market.

To withstand this situation, the new players are involving in several mergers and collaborations. These strategies are helping the players to acquire resources that can help them achieve sustainability in the global predictive analytics market in the duration of 2019 to 2027. Also, the players are developing new solutions that can help them grow significantly in the market.

On the other hand, the established players are acquiring small and medium scale businesses to expand the production and distribution network. This allows the players to tap into several untouched regions of the global predictive analytics market. Additionally, the companies are investing a huge amount in strategies such as product launch and research and developments. With the help of these strategies, the prominent players are projected to acquire a competitive edge over their rivals in market.

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Global Predictive Analytics Market: Key Drivers

Growing Technological Developments Drive the Growth

Technology is the major driver of the predictive analytics market. It is because of implementation of IoT and data science is possible in manufacturing and other industries. Moreover, value addition is another trend that every business is striving for these days.  This is also a major factor that is projected to boost the growth of global predictive analytics market. Additionally, the modernization of businesses with automation and other technologies is also anticipated to drive the growth of market from 2019 to 2027.

Growing Industrialization Fuels the Market’s Growth

Industrialization is one of the major factor that boosts the growth of global predictive analytics market. Various industries are demanding a solution that can predict when their machine is about to get damaged. They are implementing sensors that can analyze the patterns and predict the outcome or any anomaly in the operation of the machine. This as a result prevents the businesses to engage into downtime of the machine and improve the productivity. This advantage is also expected to boost the growth of market in the duration of 2019 to 2027.

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Managed Network Services Market: Industry Analysis and Detailed Profiles of top Industry Players  2019 – 2028

Global Managed Network Services Market: Snapshot

The global managed network services market is poised to grow at superb pace during the forecast period of 2019 to 2018. This growth is attributed to rising demand for managed network services from all across the world. Managed network services are networking functions, applications, and services that are outsourced by enterprises. A managed service provider (MSP) is responsible to distantly operate, monitor, and maintain all the activities of enterprises. 

An upcoming research report from TMR on the managed network services market aims to give inclusive study of key factors driving or obstructing the market growth. Apart from this, the report offers reliable data on volume, share, revenues, and probable growth avenues in the market for managed network services. It provides helpful insights of the said market for the forecast period of 2019–2028.

The report performs the segmentation of the global managed network services market on the basis of type, organization size, and region. Based on type, the market for managed network services is classified into managed Wi-Fi, managed LAN, managed network security, managed WAN, network monitoring, and managed VPN.

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Global Managed Network Services Market: Growth Dynamics

The global managed network services market is expanding on the back of plethora of reasons. One of the key factors driving the market growth is rising need for minimizing operating expenditure (OPEX) and capital expenditure (CAPEX) among enterprises working in various sectors from all across the world. Apart from this, rising trend of digital transformation in the world is expected to help in expanding the global managed network services market in the upcoming period.

The global managed network services market is projected to witness remarkable growth avenues from the large enterprises segment in the upcoming years. One of the key reasons supporting this projection is the ability of large enterprises to invest in advanced technologies for the overall management of all their business activities.

Global Managed Network Services Market: Competitive Analysis

The global managed network services market is fairly fragmented in nature. Presence of many global and local players connotes that the competitive landscape of the market for managed network services is highly intense. Due to presence of many well-established players, the new entrants in the managed network services market are pouring extra efforts and executing diverse tactics to gain prominent market position. Mergers, acquisitions, partnerships, and collaborations are some of the key tactics in trend today.

Several players in the global managed network services market are pouring investments in incorporating technologically advanced tools to offer superior quality services. These activities connote that the global managed network services market will grow at rapid pace during forecast period of 2019 to 2028.

The list of key players in the global managed network services market includes:

  • Fujitsu
  • IBM
  • Ericsson
  • Cisco
  • Comarch SA
  • Verizon
  • BT Group
  • Huawei

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Global Managed Network Services Market: Regional Assessment

The global managed network services market is spread across five key regions, namely, North America, Europe, and Latin America, Asia Pacific, and Middle East and Africa. Of them, North America is one of the leading regions of the market for managed network services. Key reason for this growth is presence of significant number of important players such as IBM, Cisco, and Verizon in this region. Apart from this, the managed network services market is getting the advantage of growing demand for high-speed networks in this region. Companies from this region are inclined toward the use of cloud networking. These factors are working as a driver for the growth of managed network services market in North America.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Forestry Machinery Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027

Global Forestry Machinery Market: Overview

Agriculture is one of the oldest industry known to mankind. Over the past years the dependencies on agricultural products and forestry items have grown significantly. Moreover, demand for forest products such as woods, herbs, and other minerals has grown specifically grown in past few years. Due to this growing demand, businesses are calling new and heavy-duty forestry machinery. These machines can chop, segregate, collect, store logs and other products smoothly. This makes the business of the player efficient and fruitful. As a result of this growing demand, the global forestry machinery market is anticipated to grow with a decent rate in the duration of 2019 to 2027.

A report by Transparency Market Research provides 360 degree analysis of the global forestry machinery market. The report help the readers to make better decisions based on actionable insights. It also enlightens the readers with facets like trends, dynamics, challenges, and opportunities in global forestry machinery market from 2019 to 2027.

Global Forestry Machinery Market: Notable Developments and Competitive Analysis

At present the global forestry machinery market is highly competitive and is fairly fragmented. This implies that the market has several prominent players who play a significant role in progress of the global forestry machinery market. Due to this competition, the new players might find it difficult to enter the market. However, they can enter and achieve suitability through strategies like mergers, collaborations, and partnerships. These strategies can allow the businesses to gain access to the resources that can help them to get a firm foundation in the global forestry machinery market.

On the other hand the veterans of the global forestry machine market are acquiring other businesses to maintain their dominance. With acquisition the players can eliminate the completion and get hold of the production and distribution network. This allows the players to acquire new customers and retains the existing ones. With this strategy businesses can acquire a competitive edge over their rivals which further strengthens the grip of the players over the global forestry machinery market.

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Global Forestry Machinery Market: Key Drivers

Demand for Mechanized Process to Gather Woods

Forestry industry is witnessing a major paradigm shift these days. Customers demand specific cuts of the wooden logs. This calls for mechanized cutting, segregating and collection. Due to this growing demand for the mechanized process is the major reason for the progressive growth of global forestry machinery market. Additionally, these machinery are resourceful in demand for afforestation in accordance to overcome the environmental concerns. This is also a major aspect responsible for the growth of global forestry machinery market from 2019 to 2027.

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Corrugated Box Making Machine Market: Future Forecast Assessed On The Basis Of How The Market Is Predicted To Grow 2020 – 2030

Corrugated Box Making Machine Market: Introduction

  • Corrugated box making machine is an equipment used to make corrugated boxes, used for packaging consumer and industrial goods. Corrugated packaging is best suited for shipping and transporting products that are fragile in nature across developed and developing economies. These boxes are very durable and have high safety standards compared to other modes of packaging such as cardboard packaging. Corrugated boxes protect goods and are lightweight compared to wooden packaging.
  • The COVID-19 outbreak has led to the decline of industries, as governments of developed and developing economies have imposed lockdown, due to which the working of industries such as food & beverages, packaging, and retail among others have stopped. This, in turn, has impacted production and manufacturing, and adversely affected the global economy. Thus, demand for corrugated box making machines has also been impacted.

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  • Paper and paper products are versatile industrial raw materials with a wide variety of applications. Wooden packing cases are more and more replaced with corrugated board- boxes and cartons due to shortage of softwood. This, in turn, is expected to accelerate the growth of the corrugated box making machine market.
  • The food and beverage industry includes all the manufacturers involved in processing raw food materials, and packaging and distributing them. The growing demand for processed food and ready-to-eat products has surged the packaging requirement, which is driving the demand for corrugated boxes and subsequently, corrugated box making machines.
  • Increase in demand for corrugated boxes for packaging products ordered through online platforms is expected to fuel the growth of the corrugated box making machine market. Thus, increasing popularity of smart packaging in the e-commerce industry is also likely to drive market growth. In addition, manufacturers are developing corrugated box making machines that can support the manufacturing of smart packaging due to growing popularity and demand from the online retail industry, which in turn is set to boost the corrugated box making machine market.

Asia Pacific to Account for Major Share of the Global Corrugated Box Making Machine Market

  • In terms of region, the global corrugated box making machine market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • The corrugated box making machine market in Asia Pacific is expected to hold leading share due to growing adoption of corrugated box making machines in various industrial applications. Rise in disposable income and growing penetration of the Internet has fueled the growth of the retail industry, which in turn is expected to enhance the demand for corrugated box making machines.
  • North America is anticipated to hold a significant share of the global corrugated box making machine market due to growth of e-commerce industry, which is one of the major factors driving market growth.

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Motor Lamination Market: Rising Adoption from Small and Medium-sized Enterprises to Fuel Growth 2019 – 2027

Motor laminations are developed using electrical steel laminations. Silicon steel or commonly called as electrical steel, is a type of steel that has integrated silicon in it. This addition of silicon in steel helps in increasing the electrical resistance of the material and it also helps in enhancing the capacity of magnetic fields to pass through it. Moreover, it also aids in cutting down the hysteresis loss of the steel. Motor laminations are primarily used in the fabrication of motor units. These materials are used for enhancing the functional properties of the motor units and it also helps in reducing the machine losses.

In the retail market, motor lamination is commonly referred to as rotor lamination or stator lamination. These materials are the metal part of the rotor and stator. They comprise of thin sheets of lamination piled up together. These motor lamination materials can be stacked, bonded, and welded together, depending upon the application need. The process of motor lamination is an important part of the motor designing. It is also imperative to select right kind of material for motor lamination as several properties mainly depend upon the type of material used for the lamination. Motor output, cost, weight, and heat rise are some of the important features that are extremely influenced by the form of material used for the motor lamination.

Some of the key insights of the global motor lamination market are given below:

  • Several types of motor lamination materials are present in the retail market. The choice of material used for motor lamination differs in terms of size and weight of the assembly of motor and also depends of several characteristics such as core losses, flux density, cost, and permeability among others. 
  • The processing of motor lamination material can have a great influence on the overall efficiency of the unit that is being assembled. In the retail market, the demand for the steel-based products for motor lamination is highly prominent.

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Global Motor Lamination Market: Introduction

Motor lamination refers to stator lamination and rotor lamination in the commercial market. The motor lamination process is an essential part of motor designing. The increase in automobile production is the key factor that drives the global motor lamination market. Boost in production and sales of different types of vehicles across various regions has augmented the demand for motors used in vehicles for different applications. This is likely to increase the demand for motor lamination.

Global Motor Lamination Market: Competitive Landscape

Euro Group S.p.A.

Founded in 1987, Euro Group S.p.A. is headquartered in Milan, Italy. The company is involved in supply of products such as electric motors and generators for manufacturers. It offers electrical steel laminations, die cast rotors, carbide dies, blanked and notched laminations, compound tools, and laminations and components for small electrical motors for prototypes and series products. The company provides its products and services for aerospace, domestic appliance, power tool, compressor, elevator and lift, automotive, hermetic motor, pump, machine tools, energy production, and handling equipment applications.

Alliance Steel, Inc.

Incorporated in 1971, Alliance Steel, Inc. is based in Oklahoma City, Oklahoma, U.S. The company is engaged in manufacturing of steel building and steel building components. The company is specialized in standing seam metal roofing, retro-fit roofing systems, steel buildings, mini-warehouse systems, metal building components, and metal wall panels. Alliance Steel, Inc. operates as a subsidiary of Associated Steel Group, LLC from January 2014.