Technology – Page 3 – Latest Market Trends

Battery Management System Market Will Reach Height of USD 11.17 billion By 2025

The global Battery Management System Market size is expected to value at USD 11.17 billion by 2025. The battery management system industry is subject to witness a substantial growth due to the growing industrialization, mainly in manufacturing industry, and rise in need for high performance electronic devices. Additionally, current trend of renewable energy generation & management, which is driven by the rising concerns related to climate change around the globe, is expected to positively affect market growth over the next seven years.

Reduction in the cost of solar photovoltaic cells coupled with favorable government incentives and decline in cost of batteries are likely to increase the renewable energy generation, thus propelling market demand for smart battery management system. Globally, the battery management system (BMS) market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the battery management system.

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Battery management system as a part of power management IC system saw growing popularity in the recent years, owing to the ever-growing demand for small-sized and cost-effective electronic batteries with a longer life span. Furthermore, efficiency of battery management system has given more focus to achieve required portability in various industrial applications. Subsequently, growing investment for research & development in smart battery management technologies by multiple market players are driving the market growth in forecast period.

Battery management plays a major role in application of modern electronics. Smart battery management systems are vital to achieve required portability for electronic devices that essentially operate on batteries. With the help of smart management and analysis of power needs for electronic devices enables reduction in energy consummation. This offers advantages such as higher efficiency and longer life span of battery.

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Introduction of Hybrid Electric Vehicles (HEV) and rising demand for the BMS system to power these vehicles are expected to spur market growth over the projected period. Furthermore, development of advanced Kyoto protocol that helps to limit greenhouse gas emissions is projected to boost the market demand for Hybrid Electric Vehicles (HEV) over the forecast period. Strict laws & regulations in regards to carbon emissions has led high-end demand for the start-stop technology. In addition, rise in number of incentives for manufactures of Hybrid Electric Vehicles (HEV) by public and private investors, which in-turn driving market penetration of HEVs, are predicted to stimulate market growth as well.

The battery management system industry is broadly categorized into four major segments based on the application type such as automotive sector, consumer electronics, energy & power industry, and defense sector. The automotive sector is considered as one of the faster growing segment in the battery management systems market with substantial revenue generation in the last few years. Growing popularity of the automotive sector segment is attributed to the rise in number of vehicles with rechargeable batteries such as EVs, hybrid electric vehicles, and plug-in hybrid vehicles. The energy & power industry segment has also witnessed substantial growth owing to the latest trend of renewable energy generation and management.

The battery management system (BMS) industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in the automotive sector, consumer electronics, and energy & power industry, increase in the number of research & development activities in the region, and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the battery management system market with massive growth in forecast period.

Countries such as India, China and Singapore are leading the Asia-Pacific market with shifting trends towards adoption of renewable energy generation, strong economic growth in the region, rapid growth of automotive industry, favorable laws & regulations, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the battery management systems industry are Johnson Matthey plc, Nuvation Engineering Co., Valence Technology, Inc., and Linear Technology Co.

Endpoint Security Market Will Reach Height of USD 27.05 billion By 2025

Global Endpoint Security Market is estimated to reach USD 27.05 billion by 2024 owing to increasing deployment of security solutions with growing security risks in different industry applications. Endpoint security or endpoint protection is a centralized approach to protect all the endpoint devices such as laptops, desktops, smartphones, servers and other devices connected to the corporate IT network, from the cyber threats.

Endpoint security enables effective, efficient and easier security management. Most players in endpoint security industry offer endpoint security systems that include firewall, antivirus and high-defined security software. This type of security offers effective security to the endpoints, thereby securing the network by blocking risky activities and access attempts at endpoints.

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Endpoint security systems can be broadly categorized into two types. One for the enterprises and another for consumers. The key difference between the two is that there is no centralized administration and management for consumers whereas the centralized management mandate necessary for the enterprises. The centralized administration and management simplifies the installation or configuration of endpoint security software on individual endpoint devices, performance logs and other alerts are directly sent to the central administration server for analysis and evaluation.

One of the major driving factors for the growth of endpoint security market is the rise in number of portable smartphones and other devices that has increased the number of endpoints, which has ultimately augmented the number of security breach. Another driving force for the growth of the market is the need for compliance within government financial organizations, which will ultimately prompt users to adopt endpoint security solutions.

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The trend witnessed within the global endpoint security industry is the surging demand for software-as-a-service (SaaS) based security solution since they are easy to install, and upgrade and are affordable. Device control is one of the growing concerns in organizations as proper device control is essential to protect the confidential information since there are several mediums through which confidential data can be released thus leaving susceptibility in the network. The need for embedded security is increasing since mobile endpoints store huge amount of application and critical data. Hence, at present, cyber criminals are targeting the mobile endpoints.

Innovation in mobile technology is forcing mobile endpoint security solutions to manage current mobility environment with the combination of operating systems, mobile endpoints and other personal data without compromising the user experience, data and privacy. To take full advantage of the workforce mobilization, enterprises are required to introduce more proficient and comprehensive enterprise mobility solutions instead of depending on short-term management solutions.

The growing incidents of cyber-attacks on private and government networks across world has resulted in the increased awareness and adoption of endpoint security solutions. Data breaches and ransomware are the major critical challenges for any business. Hence, protecting the critical data related to customers along with enterprises has become a priority especially for companies who rely on IT infrastructure for confidential business processes. Moreover, steady growth of mobility trend in endpoint security market will also contribute to the favorable adoption of security solutions, thereby affecting the market in the years to come.

Endpoint security industry is categorized on the basis of solution, deployment, organization, application and geography. On the basis solution, the market is divided into firewall, antivirus, application control, ID/IP, MDS, encryption technologies and others. Based on deployment, the market is divided into cloud and on-premise. In terms of organization, the industry is split into SMBs and enterprise. On the basis of application, the market is divided into IT & telecom, BFSI, industrial, education, retail, medical, and others.

Geographically, endpoint security market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America followed by Asia Pacific are predicted to dominate the market in the coming years owing to the growing demand for endpoint security solutions in these regions. The prominent players in endpoint security industry comprise Cardon Black Technology Inc., Cisco Systems, Cylance Inc., McAfee Inc., CrowdStrike Inc., Avast Software Inc., Trend Micro Inc., RSA Security LLC, FireEye Inc., SentinelOne Inc., Microsoft Corporation, Symantec Corporation, Palo Alto Networks Inc., Panda Security SL, Sophos Group PLC, Eset LLC, Fortinet Inc., AVG Technologies, Trend Micro Inc., Bitdefender LLC, and Kaspersky Lab Inc.

Advanced Ceramics Market Will Accomplish Outstanding USD 134.58 billion Figure By 2025

Advanced ceramics enhance our lives by their constant usefulness. They play a critical role in electronics, telecommunications, manufacturing, transportation, medicine, defence and space exploration.

Advanced ceramics enhance our lives by their constant usefulness. They play a critical role in electronics, telecommunications, manufacturing, transportation, medicine, defence and space exploration.

The global Advanced Ceramics Market is estimated to touch US$ 134.58 billion by the completion of the prediction period. The industrial ceramics, which is moreover called as Advanced Ceramics, fine ceramics, technical/enhanced ceramics and engineered ceramics are strengthened composites of ceramic by means of outstanding electrical, optical, thermal, and magnetic possessions. As per end result, they have appeared such as actual substitutes to high performance steels and plastics for a number of uses. The market is estimated to develop by a CAGR of 10.2% for the duration of the prediction period.

The development in the market can be credited to the increasing demand for advanced ceramics in the medicinal manufacturing, particularly for joint establishment and dental actions, due to their biochemical unresponsiveness and possessions of small wear confrontation. These belongings of advanced ceramics mark it a number one material above plastics and metals.

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The market is estimated to observe substantial development above the subsequent eight years due to their growing usage in the electronic & electrical manufacturing. Increasing demand for electronic devices between customers, mainly in the nations of Asia Pacific area, comprising India China and India, is estimated to partake an optimistic influence on the market above the period of prediction.

The advanced ceramics industry on the source of Type of End Use could span Medicinal, Machines, Electronics &Electrical, Ecological, Automobile, and Others. The subdivision of electronics &electrical is expected to top the advanced ceramics market for the duration of the prediction. Advanced ceramics are utilized in the electronics &electrical business on a huge measure, due to a number of possessions for example confrontation to erosion, greater confrontation to temperature, wear & tear, destruction lenience, breakage durability against breakage. Furthermore, the practice of these ceramics decrease the general heaviness of electronics that has boosted the demand for these ceramics in the electronics &electrical manufacturing.

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The Advanced Ceramics industry on the source of Type of Application. The market can be divided in to: Bio ceramics, Engine parts, Electronic devices, Electrical apparatus, Filters, Wear parts, Catalyst supports and others. The Advanced Ceramics market on the source of Type of Product could span Alkyl amines, Ethanol amines, Fatty amines, and others. The Advanced Ceramics industry on the source of Type of Material could span Silicon nitride, Aluminum nitride, Zircon ate ceramics, Alumina ceramics, Silicon carbide, Ferrite ceramics, and Titan ate ceramics.

The Advanced Ceramics market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage could span North America [U.S.], Latin America [Brazil], Europe [Germany, U.K.], Asia Pacific [India, China], and Middle East &Africa [Saudi Arabia].

By the source of geography, the Asia Pacific is the most important area in Advanced Ceramics industry. The market for advanced ceramics in Asia-Pacific is expected to develop by the maximum CAGR for the duration of the prediction owing to the growing usage of progressive ceramics in a number of businesses for example electronics &electrical, chemical, transport, ecological, and defense & security in developing markets of the areas for example India and China. Asia-Pacific is the biggest market. It is projected that India will be the speedily developing market for advanced ceramics in the area. All credit goes to the increasing inhabitants of the nation, advantageous strategies for investment, and government inventiveness to indorse the progress of the business.

The statement revises Trades in terms of intake of Advanced Ceramics in the market; particularly in North America, Europe, Asia Pacific, Latin America, Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies, operating in the field, on the global basis are Morgan Advanced Materials Plc, CoorsTek Inc., Kyocera Corporation, Saint-Gobain Ceramic Materials and Ceram Tec GmbH.

Digital Transformation Market Will Reach Height of USD 177.27 billion By 2025

The global Digital Transformation Market touched US$ 177.27 billion in the year 2016. The increasing demand for the implementation of the Internet of Things (IoT) through businesses is helping the outline of linked and full of information resolutions. These resolutions are proficient of set in intellect into business processes to enable superior and additional operative customer activities. Furthermore, increasing practice of mobile devices, smartphones and its applications are indorsing digitization.

The market is estimated to develop at a substantial CAGR for the duration of the prediction. The Digital Transformation market on the source of Type of End Use could span Manufacturing, Healthcare, BFSI, IT & Telecom, Government, and Others. The subdivision of healthcare projected to observe substantial development and projected to develop by the maximum CAGR of 19.5% above the following eight years. Growing demand for electronic information through process networks and patient outreach expected to speed up the development of the business.

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The subdivision of Healthcare is estimated to witness substantial development in the approaching years. It is expected to experience additional disruption owing to the implementation of new-fangled prototypes of business by the suppliers of healthcare. These prototypes are susceptible to amplified stages of struggle, tough demands by clients, and increased stress for cutting of price.

The Digital Transformation market on the source of Size of Enterprise could span Small & Medium Enterprise [SME], Large Enterprise. The subdivision of Small & Medium Enterprise [SME] estimated to develop by the maximum CAGR of 20.1% during the period of prediction. The remarkable development credited to issues for example the cheap price of instruments and improved emphasis on cloud computing. Therefore creating it considerably more suitable for Small & Medium Enterprise [SMEs] to make their companies, more efficient.

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The Digital Transformation industry on the source of Type of Placement could span On-premise, Hosted. The subdivision of Hosted placement estimated to go on the maximum favored technique of placement of resolutions and facilities. This credited to the information that this technique proposes improved suppleness and allows important customization of merchandises and facilities for the administrations.

The subdivision of Cloud centered approaches support in refining price configurations and creation of a regulator midpoint for organizing and positioning numerous constituents of the supply chain. A regulator tower arrangement captures transference information and processes it for giving better-quality discernibility and enabling superior policymaking, proficiency, and facilities.

The Digital Transformation market on the source of Type could span Service- Implementation & Integration, Professional Services, Solution- Social Media, Cloud Computing, Mobility, Analytics, and Others. The subdivision of Solution ruled the section of Type in the year 2016. It is estimated to touch US$ 798.44 billion by the completion of year 2025. This could be credited to the speedily developing technical background that needs organizations to hold onto modernizing their methods by means of the most recent expertise. Hence, permitting the organizations to take an advantage above its rivals.

Yet, the subdivision of Service estimated to develop by the uppermost CAGR of 19.5% above the following eight years. The acceptance of alphanumeric alteration resolutions involves the necessity for service area for example teaching and backing, as a result, motivating the progress of the subdivision of service above the following eight years.

The Digital Transformation industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas for the duration of the prediction could span North America [U.S.A, Canada], Europe [Germany, U.K.], Asia Pacific [India, Japan, China],Latin America [Brazil], Middle East &Africa.

By the source of geography, North America ruled the worldwide market and is projected to develop at a CAGR of 17.3% above the prediction period. This could be credited to the growing infiltration of internet and the faster usage of diverse category of wired payment methods, particularly in the subdivision of sales.

On the other hand, Asia Pacific is expected to be the speedily developing area at a CAGR of 20.3% above the following eight years, due to the speedily growing sum of Small & Medium Enterprises and the increasing subdivision of service. The increasing consciousness regarding the paybacks of swapping to the cloud, together with rapid technical progress, are roundabout of the issues exciting Small & Medium Businesses to alter their industry to safeguard upcoming development.

The statement revises Trades in terms of intake of Digital Transformation in the market; particularly in North America, Europe, Asia Pacific, Latin America Middle East & Africa, and Rest of the World. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field of Digital Transformation are Kelton Tech Solutions Ltd., Accenture PLC, Microsoft Corporation, Hewlett Packard Enterprise Co., Oracle Corporation, SAP SE, Cap Gemini Group, Adobe Systems Incorporated, CA Technologies, Dell EMC, IBM Corporation and Apple Inc.

Market Segment:Type Scope (Revenue, USD Billion; 2014 – 2025)
• Solution
      • Analytics
      • Cloud Computing
      • Mobility
      • Social Media
      • Others
  • Service
      • Professional Services
      • Implementation & Integration

Workforce Analytics Market Will Generate About USD 1.87 billion By 2025

Global Workforce Analytics Market is expected to reach USD 1.87 billion by 2025. Workforce analytics is a combination of methodology and software that covers statistical models to worker-related data, letting manufacturers to enhance human resource management (HRM). These tools are used to present complete worker performance to deliver a well understanding and assist in overall management. The Workforce Analytics Market is estimated to grow at a significant CAGR of 16.0% over the forecast period as the scope and its applications are rising enormously across the globe.

Increasing enhancement in technology and growing global trade are documented as major factors of Workforce Analytics Market that are estimated to enhance the growth in the years to come. However, data security concern may restrain overall market in the coming years. Workforce Analytics industry is segmented based on type, deployment type, organization size, vertical, and region.

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Services and solutions are the types that could be explored in Workforce Analytics in the forecast period. Services sector may comprise of managed services, consulting services, and system integration services. The workforce analytics solutions sector accounted for the substantial market share of Workforce Analytics and is estimated to lead the overall market in the coming years. This may be because of increasing workforce challenges faced by the organizations across the globe. In addition, the services sector is estimated to grow at fastest pace in the coming years.

Private cloud and public cloud are the deployment type that could be explored in Workforce Analytics in the forecast period. Small & medium-sized enterprise and large enterprise are the organization size that could be explored in Workforce Analytics in the forecast period.

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The market may be categorized based on verticals like manufacturing, BFSI, travel & hospitality, energy & utilities, telecom & it, government & public sector, healthcare, retail, and others could be explored in the forecast period. The banking, financial services, and insurance (BFSI) sector accounted for the substantial market share of Workforce Analytics and is estimated to continue its dominance in the coming years. However, healthcare sector is estimated to grow at highest CAGR in the coming years.

Globally, North America accounted for the substantial market share of Workforce Analytics and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be presence of key manufacturers in the region. Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The developing countries like India and China are the major consumers of Workforce Analytics in this region.

The key players of Workforce Analytics Market are IBM Corporation, ADP LLC, Oracle Corporation, Tableau Software, Genpact Ltd., and SAP Se. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

Market Segment:

Workforce Analytics Type Outlook (Revenue, USD Million; 2014 – 2025)
• Solution
• Services

Workforce Analytics Services Outlook (Revenue, USD Million; 2014 – 2025)
  • Managed
  • Consulting
  • System Integration

Workforce Analytics Deployment Outlook (Revenue, USD Million; 2014 – 2025)
• Cloud
• On-premise

Industrial Internet of Things (IIoT) Market Will Reach Height of USD 933.62 billion By 2025

Industrial IoT helps to facilitate easy access to real-time data services, thus allowing implementation of the connected systems in the various industrial processes.

Industrial IoT helps to facilitate easy access to real-time data services, thus allowing implementation of the connected systems in the various industrial processes. Industrial Internet of Things (IIoT) offers improved operational efficiency and safety, leading to increasing adoption of IoT technology for numerous industrial processes. With the advent of an integrated digital-human workforce, and development of the industrial internet and its digital application are expected to offer significant opportunities for growth over the forecast period.

The global Industrial Internet of Things (IIoT) Market size is expected to value at USD 933.62 billion by 2025. The Industrial Internet of Things industry is subject to witness a substantial growth due to the higher rate associated implementation of IoT technology across the globe. Some important factors responsible for the growth of industrial IoT industry are cost-effectiveness and easy availability for various advanced electronic devices such as processors, sensors, and other connected systems. Globally, the industrial IoT market is predicted to grow at CAGR of 27.8% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

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Industrial IoT is serving numerous industries across the globe by providing necessary worker safety, minimum operational costs, and efficient industrial outcome. Increasing competition among industry players is leading development of new product and hybrid services worldwide in order to generate fresh revenue streams by moving away from just vending products to offering numerous industrial IoT services, thus generating measurable outcomes. The Internet of Things (IoT) offers easy access to numerous connected industrial devices and machines, and provides real-time information regarding their operation. Additionally, increasing number of governmental sponsored initiatives and efforts to promote industrial IoT technology are driving the market growth. Industrial IoT enables businesses with automation, optimization and tactical or strategic goals to aid in various industrial processes.

The introduction of “Industrie 4.0” from European region serves as a multi-layered strategic initiative that incorporates the major players including private bodies and local businesses as well as from academics in order to formulate an action plan, thus complementing implementation of advanced digital techniques for industries across the European region. Growing preference towards automation of various businesses processes is complementing the integration of industrialization and digital technologies.

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Industrial IoT solutions is considered as one of the fastest growing segment in the Industrial Internet of Things (IIoT) industry with substantial revenue generation in the last couple of years. Industrial solution providers are putting substantial focus to embed and adopt connected systems, consisting of multiple information systems, devices, and sensors into number of industry verticals and business processes across the globe. This allows them to modify existing operations and develop effective business models. Industrial IoT solutions has become an integral part of various business processes, thus delivering crucial information based on real-time data captured from different resources to aid decision making processes and improve overall performance of the system.

Industrial IoT services has also witnessed substantial growth since the last couple of years with significant CAGR. Increasing adoption of the industrial IoT services in number of industrial applications is credited to the development of cloud computing market, rise in the number of government initiatives in the support for sustainable smart factories growth, and increase in number of connected systems that capture large chunks of real-time data.

The Industrial Internet of Things market is divided by region such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the growing in the awareness about benefits of IoT technology and presence prominent industry players in the region. Asia-Pacific region is predicted to hold major market share in the industrial IoT industry with massive growth in forecast period. Countries such as India, China, Japan and Taiwan are leading the Asia-Pacific market with increasing adoption of advanced automation technologies and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the industrial IoT market are General Electric Company (GE), International Business Machines (IBM) Co., Cisco Systems Incorporations, Siemens AG, and Intel Co.

Market Segment:

Industrial IoT Component Outlook (USD Billion, 2014 – 2025)
• Solution
• Remote Monitoring
  • Data Management
  • Analytics
  • Security Solutions
  • Others
  • Services
  • Professional
  • Managed
  • Platform
  • Connectivity Management
  • Application Management
  • Device ManagementIndustrial IoT End-Use Outlook (USD Billion, 2014 – 2025)
  • Manufacturing
  • Energy & Power
  • Oil & Gas
  • Healthcare
  • Logistics & Transport
  • Agriculture
  • Others

Threat Intelligence Market Will Reach Height of USD 12.6 billion By 2025

Threat Intelligence implies information that supports administrations to understand the risks produced by severe and common outside threats.

Global Threat Intelligence Market is anticipated to reach USD 12.6 billion by 2025. The market is anticipated to grow at a healthy rate in the years to come. The development of cyber-attacks against entities and organizations have made traditional cybersecurity measures virtually outdated; which has given rise to the necessity of threat intelligence. Threat Intelligence implies information that supports administrations to understand the risks produced by severe and common outside threats. In addition, the factors that propel the growth of the market include collective number of sophisticated cloud several initiatives, increasing government compliance on data security, and development of next-generation threat intelligence solutions.

On the other hand, there are factors that may hamper the growth of the market such as lack of awareness regarding evolving cyber threats, technical complications, and high cost related tothe deployment. Threat intelligence industry is anticipated to grow at a significant CAGR of 17.4% in the upcoming period as the scope, product types, and its applications are increasing across the globe. The market may be explored by solution, service, deployment mode, organization size, verticals, and geography.

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Threat intelligence market may be explored by solution as Log Management, Security Information and Event Management (SIEM), Identity and Access Management (IAM), Incident Forensics, Security and Vulnerability Management (SVM), Risk Management. Threat intelligence industry may be explored by service as Advanced threat monitoring, Security intelligence feed, Professional Service, Managed Service, Training and support, Consulting service. The “Managed service” dominated the market in 2017 and anticipated to maintain its dominance by 2025. Several managed services offered by threat intelligence sellers are security intelligence feed and ATM. Managed services helps the clients to increase more insights on the evolving threats in the security environment. The increase in the customer base from the SME community and rise in large-scale networks are propelling factors of managed services.

Threat intelligence market may be explored by deployment mode as Cloud, and On-premises. The market may be explored by organization size as Large Enterprises, and Small and Medium-Sized Enterprises (SMEs). The market may be explored by verticals as Government, Transportation, IT and Telecom, Banking, Financial Services, and Insurance (BFSI), Healthcare, Retail, Education, Energy and Utilities, Manufacturing, Others (Media and Entertainment, Gaming, and Real Estate)

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North America accounted for the major share of the Threat Intelligence Market Size in 2017 and Asia-Pacific is anticipated to grow at a highest CAGR in the forthcoming period. The growing number of cyber-crime activities at software application, rising demand for the web and mobile application, and increasing government & legislation by-laws are expected to further drive the development of threat intelligence industry in the Asia-Pacific region.

Some of the key players that fuel the growth of the threat intelligence industry include Symantec Corporation, iSIGHT Partners Inc., Looking Glass, Inc., VeriSign, Inc., Dell EMC, Crowdstrike Inc., EclecticIQ BV, Alienvault, Inc., ThreatQuotient Inc., and Anomali, Inc.The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

Solution Outlook (Revenue, USD Million, 2014 – 2025)
• Unified threat management
  • SIEM
  • IAM
  • Incident Forensics
  • Log Management
  • Third Party risk management

Services Outlook (Revenue, USD Million, 2014 – 2025)
  • Professional services
  • Managed Service
  • Subscription Services
  • Training & Support

Life Science Analytics Market Will Reach Height of USD 25.90 Billion By 2025

Growing digitalization in pharmaceuticals and life sciences business to increase its price chain is some of the important factors expected to increase the market above the prediction period.

The global Life Science Analytics Market is estimated to touch US$ 25.90 Billion by the year 2025. Growing digitalization in pharmaceuticals and life sciences business to increase its price chain is some of the important factors expected to increase the market above the prediction period. Additionally, decreasing efficiency of R&D and growing supervisory mistakes are approximately the reasons anticipated to motivate this market. The life science analytics market is estimated to develop at the CAGR of 12.9% for the duration of the prediction.

Growing price tag of healthcare is some of the essential factor expected to definitely influence the market. Emerging along with industrialized areas are fronting a lot of encounters in providing economical and qualitative attention. Likewise, administrative unpredictability, financial pressure, and absence of practical inventiveness may consequence in little finance for healthcare.

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More or less of the important features expected to increase the price of global healthcare are increasing number of claims relating to non-communicable sicknesses, main concern for wellness at place of work, and increasing emphasis on wellness between fully-grown and senior inhabitants. Increasing price of healthcare is estimated to increase demand for life science analytics to make more efficient third-party procedures and improve general budget.

The life science analytics market on the source of Type of Application could span Pharmacovigilance, Regulatory Compliance, Research and Development, Supply Chain Analytics, Sales and Marketing. The market on the source of Type of Delivery could span On-premises, on-demand. The market on the source of Type could span Prescriptive, Descriptive, Predictive, and Reporting.

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The life science analytics market on the source of Type of Component could span Services, Software. The life science analytics market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction period could span North America [U.S., Canada], Latin America [Brazil, Mexico], Western Europe [Germany, U.K.], Asia Pacific [ Japan, China], Middle East & Africa [South Africa].

By the source of geography, North America had ruled the market in the year 2016. Greater problem of non-communicable diseases due to surge in elderly inhabitants and unnatural way of life is an important motivating issue.

Market Segment:

Type Outlook (Revenue, USD Million, 2014 – 2025)
• Reporting
  • Descriptive
  • Predictive
  • Prescriptive

Component Outlook (Revenue, USD Million, 2014 – 2025)
• Software
• Services

Application Outlook (Revenue, USD Million, 2014 – 2025)
  • Research and Development
  • Sales and Marketing
  • Regulatory Compliance
  • Supply Chain Analytics
  • Pharmacovigilance

Rainscreen Cladding Market Will Reach Height of USD 14.0 billion By 2024

The main purpose of rain screen cladding is to protect the exterior wall of a building from rainwater and prevent it from penetrating the interior of the property.

What is a Rainscreen cladding?

Rainscreen cladding is the attachment of an outer skin of rear-ventilated cladding to a new or existing building. The system is a form of double-wall construction that uses an outer layer to keep out the rain and an inner layer to provide thermal insulation, prevent excessive air leakage and carry wind loading.

Global Rain screen Cladding Market size is expected to reach USD 14.0 billion by 2024. Rain screen cladding is an attachment of the outer skin with a ventilated & drained cavity provided to a new or existing building infrastructure. The main purpose of rain screen cladding is to protect the exterior wall of a building from rainwater and prevent it from penetrating the interior of the property. The market size is expected to register a CAGR of 7.6% in the upcoming period as the scope, product types, and its applications are increasing across the globe. It provides some advantages such as lightweight material, thermal insulation, improved external appearance and acoustic performance of the buildings. Demand for these products has increased significantly due to promotion by International Energy Agency and World Green Building Council.

In rain screen cladding, some raw materials are used such as fiber cement, metal, composite material, terracotta, high pressure laminates, ceramic, and others. Composites are the leading raw material for the manufacture of rain screen cladding owing to properties like durability, higher strength and flexibility. The “fiber cement” segment is anticipated to hold the highest market share over the forecast period. This material can resist the growth of mold, fungi, and bacteria. These materials are gaining increasing importance as they require no special tools for installation.

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Metals are lightweight and easy to install. Metals such as zinc, aluminum, and steel are used for various applications. They offer some advantages like aesthetic appeal, sound & thermal insulation and fire resistance. Metals are mostly used due to their rigidity, superior flatness, excellent tensile strength and stability under changing thermal conditions. The factors that play an important role in the growth of rain screen cladding market include increasing demand, growing population, increasing urbanization & industrialization, growing demand for energy efficient buildings construction, growing construction industry, emerging need for exterior wall protection, technological advancements and stringent government rules & regulations. Moreover, increasing demand of eco-friendly buildings due to stringent government regulations, rising awareness about environmental degradation, changing lifestyle, and rising disposable income are main factors driving the growth of market in the next couple of years.

However, high installation and maintenance cost are negatively impacting the growth of rain screen cladding industry. The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate, and others. The market is categorized based on raw material, application and geography. The market is classified into application such as commercial, residential, offices, industrial and institutional. The “offices” segment is expected to hold the largest market share in the upcoming period due to increasing refurbishment of office structures.

Additionally, the “residential” application is projected to grow at the higher CAGR during the forecast period. The increasing expenditure on affordable housing schemes in developing countries, growing over-cladding activities on existing buildings and stringent government rules & regulations for developing green buildings are anticipated to boost the demand for rain screen cladding in the residential sector.

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Asia Pacific has been at the forefront with regards to rain screen cladding market and will continue to rule the roost in the years to come. The increasing population in developing countries, coupled with high demand for affordable government & housing schemes promoting energy efficiencies and growing construction industry are major factors drive the market growth
in this region.

The key players contributing to the robust development of the rain screen cladding market include King span Insulation plc, Lakesmere International Ltd., Dow Building Solutions, Ash & Lacy Building System Ltd., Carea Ltd., Booth Muirie Ltd., Celotex Ltd., E.I. DuPont de Nemours & Co., CGL Facades Co., MF Murray Company, Kalzip Ltd., Rockwool International A/S, NvelopeRainscreen System Ltd. and TAKTL LLC. These market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

Market Segment:

Rainscreen Cladding Raw Material Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2014 – 2024)
• Fiber Cement
  • Composite Material
  • Metal
  • High Pressure Laminates
  • Terracotta
  • Ceramic
  • Others

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Fog Computing Market Will Accomplish Outstanding USD 617.3 million Figure By 2025

Fog computing, also termed as “edge computing” or “fogging” in association with cloud emphasis helps in faster decision-making strictly with computations on cognizable data by deployment

What is a Fog computing?

“Fog computing or fog networking, also known as fogging, is an architecture that uses edge devices to carry out a substantial amount of computation, storage, and communication locally and routed over the Internet backbone.”

Fog computing, also termed as “edge computing” or “fogging” in association with cloud emphasis helps in faster decision-making strictly with computations on cognizable data by deployment of fog nodes close to Internet of Things (IoT) aided devices, placed anywhere in the network trajectory either on a factory floor, top of a power pole or an oil rig, subject having connectivity, computational and storage imperatives.

The primary drivers for fog computing market are inundation of IoT devices with parallel IoT connectivity, subsequent growth in cloud computing market size and Machine to machine (M-M) connectivity. The factors driving the fog computing market size include computational power speed, increased operational efficiency and cost savings across all verticals in the industry. By type, the fog computing market size spans hardware and software. Software further disintegrates into fog computing platform and customized application software. By Application, the fog computing market size comprises building and home automation, smart energy, smart manufacturing, transport and logistics, connected health, security and emergencies and others-smart environment and smart retail.

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By geography, the market size extends to North America, Europe, Asia Pacific, MEA and Latin America. The increased dominance of the Fog Computing Market by Software is underscored by presence of majority of the players in cloud and IoT ecosystem and would benefit by leveraging the system architecture at platform and applications hierarchy.

Being a software domain, the providers are not stranded with heavy capital investment as would be with hardware, thus boosting the market. The fog computing market by smart manufacturing application is in a transformative phase gravitating towards process automation in the manufacturing sector and IoT with machine-machine connectivity is a relatively untouched area for fog computing market to monitor machine operations in real-time. North America with importance ascribed to Internet of Things (IoT) and displaying economic prosperity is a growing market for fog computing market. Being one among the most technically advanced and developed nations, U.S. and Canada are prime motivators of fog computing market.

Fog networking supports the Internet of Everything concept wherein most of devices of daily-use will be interconnected with each other, with phones, connected vehicles, consumer appliances, virtual reality (VR) using Google glass as prime examples. Virtual Reality (VR) devices work under a 5K environment and at network edge with dynamic feeds (Google glass, tablets, phones) in a cloud/fog scenario to reduce latency times, improve audio/video compression ratios that catches camera feeds in multi-camera systems.

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The key stakeholders in the market include IT infrastructure equipment providers, support infrastructure equipment providers, component providers, software providers, system integrators, network service providers, monitoring service providers, support service providers, professional service providers, distributors and resellers, cloud providers, collocation providers, enterprises and data center vendors, government and standardization bodies, telecom operators, healthcare organizations and financial organizations.

As per an article dated Aug 2016, the verdict goes that IoT or Internet of Things with fog computing drastically turns the tide in favor of the market by getting IoT devices closer to the edge, the only access point for increasing bandwidth and help the medical industry where limitations in internet speed and latency times of IoT are reasons for a sluggish demand of the devices in telemedicine.

Growth in IoT industry owes its success to cloud service providers and inimitable data centers but with connected devices like self-driving cars where a delay of nanoseconds end in mishaps with same going for telemedicine where lives rest on speed and accuracy, a slight delay could prove fatal.

What are the top Fog computing players?

The key industry players spanning the fog computing market size include Microsoft, Cisco, Dell, Intel, Arm Holding, Fujitsu and Schneider Electric Software. PrismTech Corporation, Nebbiolo Technologies and Dell Corporation.