Public/Private Cloud Storage Market : Industry Outlook, Growth Prospects and Key Opportunities

Cloud storage allows users to store data on a server which is remotely located. A service provider hosts the cloud service on a server which is safe from catastrophic failures such as fire, earthquake, and tsunamis. With daily additions in transactional information, it has become a challenge for companies to store such humongous amount of data. Cloud storage provides the solution via remote access through the internet. This market has grown exponentially in the last decade and is expected to take over traditional storage systems in the near future.

 

This market is segmented into:

• Cloud Storage Gateways
• Backup & Recovery
• Data Movement & Access
• Data Replication
• HSM & Archiving,
• Security & Storage Resource Management Solutions

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Various deployment methods of cloud storage are public cloud, private cloud, hybrid cloud, and community cloud. Public cloud storage systems are available commercially over the internet whereas private clouds use a virtual private network (VPN) restricting the access to specific organizations or entities and are more secure than public clouds.

 

Data securities, ease of access, low cost, emerging back-up mechanisms, and safety from catastrophic failures are the drivers for this market. However, in cloud storage the data is kept under the security of a third party server which hampers the safety of the data due to its exposure to the cloud service provider and this is the restraint for the market. Countries such as India and China are emerging IT hubs and are working heavily on cloud based systems and therefore, more varieties of cloud based applications are expected to appear in the near future. Various companies are investing heavily in cloud storage projects and this market is expected to grow at an approximate CAGR of 35 to 40% in the next decade.

 

Some of the major companies in this industry segment are Google.com (U.S.), Dropbox, Apple iCloud (U.S.), Microsoft SkyDrive, Box.com, AT&T, and Salesforce.com (U.S.), and many new entrants are following the lead.

 

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Intelligent IT Infrastructure Solutions: Longer Path For Your Business Needs

Intelligent information technology (IT) infrastructure solutions are a combination of software and intelligent hardware which helps to maintain and control real-time connectivity of active equipment and physical layer components. These solutions are called automated IT infrastructure solutions and they enable management of network and security equipment and components deployed across the IT infrastructure. Intelligent infrastructure solutions are often used for management and diagnostic operations within IT equipment. These solutions provide visibility of physically located and connected network assets within the IT infrastructure. Software parts used in intelligent IT infrastructure solutions in a client/ server application assists to map, monitor, and control both active local area network (LAN) equipment and physical layer components with the help of standard simple network management protocol (SNMP) and network topology combination. It also tracks end-to-end network connectivity of terminal equipment such as IP phones, desktops, and printers. Hardware components mapped, monitored, and controlled in intelligent IT infrastructure include private branch exchange (PBX), LAN switches and hubs among others. Intelligent IT infrastructure solutions also helps to track IT assets, connectivity changes, additions, and helps to plan and diagnose network designs. Some of the beneficial applications offered by these solutions within IT infrastructure include fault-finding, process control, integration, traceability, and asset management.

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The increasing technological developments in IT equipment and end-to-end connectivity across network components are expected to boost the demand for centralized solutions such as intelligent IT infrastructure solutions for effective and efficient management of IT assets. Additionally, growing demand for efficient execution of IT operations by small & medium enterprises and large enterprises is anticipated to drive the intelligent IT infrastructure solutions market during the forecast period. Some of these operations include real-time detection of all connections and disconnections of components as well as visibility of assets and their utilization. Furthermore, enterprises are adopting intelligent IT infrastructure solutions in order to implement modular and scalable IT infrastructure which helps to digitize the processes and reduce errors across operations. Growing adoption of these solutions is expected to contribute to revenue growth of the intelligent IT infrastructure solutions market. Apart from this, simplicity in IT architectures as well as reduced cost and time saving offered by these solutions are major factors expected to show positive impact on the market during the forecast period.

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Printed Sensor Market- Rapid Industrialization is The Driving Force For The Growth Of This Market

Sensors are electronic devices that converts one form of energy to another, such as microphone, loudspeaker, thermometer, antenna and position and pressure sensors among others. These devices perform input function because they “sense” a physical change in some devices that changes in response to some reaction like heat, and force and converts into an electrical signal. Sensors are also considered part of the Internet of Things (IoT) network and are included in the architecture of microcontrollers. Internet of Things can be any object which has been assigned an IP address and the ability to transfer data over network. Sensors are increasingly playing important role in printed technology and this has led to the development of Printed Sensors. Printing technology refers to the technique of developing thin film devices either by printing or coating of organic or inorganic materials.

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The new generation printed sensors offer new levels of sensitivity, mobility and manufacturability. Compared to silicon based sensors, printed sensors can combine semi-conductor, conductive materials as well as materials with special mechanical, optical and thermal aspects with more flexible methods. Printed technologies are specially designed for those sensors that used to convert non electrical signals to electrical signals. Printed Sensors are less costly, environment friendly and mass productive. Printed Sensors are used to detect and measure humidity, temperature, freshness of food, light, sound, pressure and toxic gas. The biggest market of printed sensors is Glucose Sensors and the market for Image Sensors is also rapidly increasing.

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Rapid industrialization is the driving force for the growth of this market. Industrialization has led to an increase in the demand for sensor based products which has in turn been epitomized by Internet of Things. Printed Sensors are highly used in automobiles, industrial and healthcare instruments. The market is also hugely driven by consumer electronics goods owing to a rising demand for hi-tech digital cameras, mobile phones, personal computers, laptops and others. The evolving trend of Internet of Things is expected to increase the applications of printed sensors. Being thin, light weighted and flexible in nature, the printed sensors are apt for exchange of data to be used in IoT. Growing application of biometric technologies in smart phones, e-passports and others has also created a wide market for printed sensors.

Digital Audio Workstations (DAWs) Market Expected to Reach US$ 16,454.9 Mn by 2026: Transparency Market Research

According to a new market report pertaining to the digital audio workstations (DAWs) market published by Transparency Market Research, the global digital audio workstations (DAWs) market is expected to reach US$ 16,454.9 Mn by 2026, expanding at a CAGR of 8.8% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. North America will continue to be at the forefront of global demand, with the market in the region growing at above 8.2% through 2026. Technical advancements, increased digitization, and presence of large number of digital audio workstation manufacturers are anticipated to significantly influence the growth of the digital audio workstations market across the North America region.

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Growing significance of media and entertainment industry and increasing number of DJs across the world are driving the global digital audio workstations (DAWs) market

Increasing adoption of DAW systems for recording, editing, and producing audio files is expected to boost the growth of the overall market in the coming years. The ability of DAWs software to offer a cost effective and efficient recording system is fueling demand for them. Besides, easy availability of free learning material on different websites is expected to boost the demand for DAW software across the different application areas over the forecast period. Increased presence of a number of digital audio workstation manufacturers and post-sale service providers across regions has led to subsequent rise in demand for digital audio workstations which is likely to supplement the market growth during the forecast period.

In the digital audio workstations market, both North America and Europe are matured markets due to high awareness among users and technological developments. However, South America is expected to witness strong growth during the forecast period from 2018 to 2026. Rising penetration of technology as well as significant investment in music production from media and entertainment industry across countries such as the U.S., U.K, Germany, France, China, India, South Africa, and Brazil is anticipated to offer prominent opportunities for digital audio workstation providers in the near-term.

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Robotics Market: Manufacturers Vie for Product Commercialization to Attract Investments, observes TMR

The largely consolidated nature of the global robotics market, according to a report by Transparency Market Research (TMR) stems from the sheer dominance of some leading players, namely Fanuc Corporation, iRobot Corporation, Northrop Grumman Corporation, and Google Inc. among others. These companies are hard-focused to utilize their technical and business strength for product innovation and for commercialization of these products to serve the industrial and service sectors that are brimming with opportunities. For instance, in 2017, iRobot Corporation has launched Roomba 690 and 890 furthering its existing product line of service robots.

As per TMR’s research, the global robotics market is likely to collect a revenue valuation of US$147.26 bn by 2025 at a CAGR of 17.4% for the forecast period of 2017 to 2025. The market attracted a revenue of US$35.23 bn in 2016. Vis-à-vis volume, the global robotics market stood at 677.2 thousand units in 2016 and is predicted to amount to 2,731.2 thousand units by 2025 rising at a CAGR of 17.0% between 2017 and 2025. Static type robot leads among other type segments as it is widely deployed across various industries such as manufacturing, aerospace, and automotive. North America occupies the leading position in the global robotics market among other key regional segments.

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Heavy Investment from Defense Sector for Accurate and Advanced Unmanned Aerial Vehicles a Boon for Market

“Across the world, labor-intensive industries are facing challenges of rising labor cost and lack of skilled workforce. This has pushed companies to adopt robotic technology to automate operations. The automotive, healthcare, and aerospace industries, for instance, are facing major challenges of lack of skilled workforce, and are thus incorporating robots into their process. Industrial robots are capable of performing a variety of programmed tasks in manufacturing and production settings that are often dangerous for human workers. Service robots, on the other hand, assist human beings for jobs that are typically repetitive and are dangerous.

The demand for unmanned aerial vehicles in the defense sector is increasing at a rapid rate,” says a TMR analyst. Unmanned aerial vehicles have significance for surveillance, capturing images, and for conducting targeted bombing discreetly among other purposes. Apart from this, military drones are cost-effective over manned aerial vehicles and have the advantages of loitering above the ground and gather maximum information pertaining to the target discreetly that ground attack combats are not capable of.

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Tag Management Systems Tools Market- Significant Rate Due To High Rate Of Adoption Of Advanced Technologies By Leading Players In This Region

A tag is a short snippet of the code that organizations take from third party vendors to implement on their site mainly for digital marketing and collecting data for analytics. Tag is a type of tool that makes sure the organization gets the data it needs. Companies rely on many digital marketing technologies so as to match their customers’ expectations. Unifying and managing these digital marketing technologies to manage the consumer data is a challenging task. A tag management system is a SaaS based solution that helps the organization to simplify the processes of how the various web based technologies are installed, used, and managed.

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Tag management systems not only help enterprises to easily deploy the right code at the right time on right web pages, but also help them to share and collect data to provide a cohesive user experience. For example, when the end users search online for a hat, a typical tag management system will collect the search data and provide that data to various analytics programs so as to track the demand for the particular product. This data will help the companies to know what customers want and also allow the customers to reach out to suitable vendors and improve their shopping experience.

The global tag management systems tools market can be segmented based on component, enterprise size, industry vertical, and region. In terms of component, the tag management systems tools market can be classified into solutions and services. Solutions are further segmented into private cloud, public cloud, and hybrid. Services segment is further bifurcated into installation, implementation & integration, consulting, and maintenance services. Based on enterprise size, the market can be divided into large enterprises and small & medium size enterprises. Large enterprises is estimated to hold the maximum share throughout the forecast period. On the basis of industry vertical, the tag management systems tools market is segmented into manufacturing, healthcare, retail, government, IT & Telecom, education, media and entertainment, Banking, Financial Services, and Insurance (BFSI), hospitality, and others.

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Data Analysis Tools Market- Rising Number Of Enterprises And Their Trend Of Cloud Services Adoption

Combined processes including data cleansing, inspecting, modeling, and transforming are called data analysis. The processes are intended to extract useful information, to draw some informing conclusions and firm decisions for an organization’s betterment.

Data analysis can be done by adopting a variety of explicit data analysis methods. Some of them comprise data mining, business intelligence, text analytics, and data visualization. The tools which are used for data analysis, dedicated to data mining, business intelligence, text analytics or for data visualizations are termed as data analysis tools. Some of these include Klipfolio, Geckoboard, Cyfe, Grow, SiSense, and GoodData. Data analysis tools help organizations to collect, visualize, and share vital information within the company. These tools usually support multiple and different cloud applications, including HubSpot, Google Analytics, Salesforce, and Facebook. Incorporating data analysis tools, companies features a business intelligence platform, which is capable of generating real time out understandable insights from the complex data. Using data analysis tools, companies are digitally monitoring their customer’s buying behavior and accordingly launching new products in the market. Digital marketing professionals are making use of data analytics tools and targeting specific customers to generate business leads. Data analytics tools are helping manufacturers, IT professionals, and other small, medium, and large enterprises to leverage customer centric solutions or products to support business expansion. The data analysis tools market is expected to witness remarkable growth during the forecast period 2018 – 2026, due to such use cases and their applications.

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In the current market, digital data has grown remarkably. Internet of things (IoT) proliferation is creating huge volumes of digital information at rapid pace. During the last few years, data has seen this tremendous growth. Over 85% of digital data available in the current market was generated in the last two years. In the age of connected everything, organizations are using this data for business expansion. Organizations with the help of data analysis tools, are mining the data, analyzing it, and accordingly designing their business strategies to best cater to the end use market. This in turn is driving the global data analysis tools market to experience remarkable growth. However, complexity to configure the data analysis tools would slower the market growth globally. Rising number of enterprises and their trend of cloud services adoption, specifically their migration from on premise to cloud is creating lucrative market opportunities for vendors active in the data analysis tools market across the world, and predominantly in the North America market.

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Insightful Data About The Valuation Of The Market Management Solutions for Energy During The Forecast Horizon

Market Management Solutions for Energy – Overview

Energy Management Systems is a solution including software and associated hardware and communication systems for energy efficiency improvement. Market management solutions have wide applications areas spread across different verticals such as telecom and IT, power and energy, commercial and office buildings, manufacturing, and hospital, municipal, school and university Systems. The market management solutions for energy market is highly fragmented with various offerings extending from simple to complex energy monitoring dashboards and software including analytics of high degree.

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Market Management Solutions for Energy – Drivers & Restraints

The adoption of market management solutions for energy depend mainly upon rigorous government regulations regarding conservation and energy efficiency coupled with market awareness of end-users regarding the importance of energy conservation and improving profits. However, there are multiple factors hindering the growth of the market such as during economic slowdowns energy management automatically takes the back seat and because of financial limitations application of market management solutions gets converted into a secondary goal. The organization focuses more on production than on energy efficiency in the business setups. Creating awareness among end users about energy management can be challenging as end users and the enterprises are more concern about initial cost than on long term benefits.

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Market Management Solutions for Energy – Segmentation

The market can be segmented by software types into industrial, utility, residential, enterprise energy and carbon management, and others. The market is segmented in terms of devices into load control (LC) switches, in-home displays (IHDs), smart plugs and smart thermostats. Furthermore, by applications the market is segmented into home energy management systems (HEMS) and building energy management systems (BEMS); utility billing, Customer Information System (CIS) and solutions: demand response (DR). In addition the market is segmented by business vertical on the basis of implementation into energy and power, commercial and office buildings; Municipal, University, School and Hospital Systems (MUSH); IT and telecom and manufacturing.

Switches and Multiplexers Market -The Demand Is Reckoned To Have Sprung From The Rising Consumption Of Digital Information Globally

Global Switches and Multiplexers Market: Synopsis

The global switches and multiplexers market has always gained momentum from networking and switching systems demanding an extensive usage of switches and multiplexers as indispensable elements. These crucial parts of the systems help in controlling the flow of signals and information through them. A majority of the contemporary local area networks (LANs) incorporate network switches as a fundamental component. Switches and multiplexers with a higher data capability are made readily available in the market, owing to the increasing demand for them. The demand is reckoned to have sprung from the rising consumption of digital information globally. Devices with a speed from 10 Gbps to 100 Gbps have filled the markets.

The authors of the report on the world switches and multiplexers market has considered different geographies to evaluate the performance of the market on a global platform. Report buyers can also have a deep insight into the international market with a study of the key segments based on end user and configuration offered in the report.

This publication is a thoroughgoing analysis of the global switches and multiplexers market which takes into account the categorical prediction of the critical industry trends, growth drivers, value chain analysis, and other decisive factors.

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Global Switches and Multiplexers Market: Trends and Opportunities

Significant interest from large cloud service providers is projected to stand as a major driver for the global switches and multiplexers market. Some of the big giants in cloud service are Dell, Cisco, Huawei, and Hewlett-Packard (HP) Company. Beside this, there is an elevating want for 10GbE and 40GbE switches in the global market. The demand for 40GbE devices has exhibited a rise while riding on the requirement for networks and devices with high data transmission capability. 10GbE switches, on the other hand, are receiving demand from data centers, which is expected to emerge as a prominent end-user segment. Vendors in the market can also count on the opportunities in the telecom and broadband services industry and the inflating use of voice over internet protocol (VoIP).

The other end-user segments could be small and medium businesses, carrier ethernet services, and enterprise campuses. The international switches and multiplexers market could also be segmented into managed and unmanaged switch based on the configuration parameter, where the managed switch segment could be further classified as smart switch and enterprise managed switch.

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Communication Test and Measurement (CT&M) Market-The Demand For Communication Test And Measurement Solutions

CT&M (Communications Test and Measurement) market includes services and integrated test equipments that are used by equipment manufacturers and communication network operators. These equipments enable network operators to deploy new services, cut down operating costs, and deliver high quality service across different stages of network lifecycle, including production, research and development, and service assurance. A communication test and measurement solution also enables broadband service providers to effectively deploy and manage triple and quad-play services including, video, voice, and data over the network.

 

The demand for communication test and measurement solutions is on a rise on account of growing bandwidth demand and introduction of next generation cellular and wireless technologies.  In addition, increased R&D spending in telecommunication sector coupled with growth in mobile phone market have fueled market momentum. Vendors in the market are facing challenges in upgrading their integrated equipments to comply with the industry standards.

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The communication test and measurement market is segmented on the basis of type of test solutions, services, end users, and geography. The communication test and measurement market is segmented on the basis of its type of test solutions into two major categories, namely- wireless test solutions and wire-line test solutions. The communication test and measurement market is further segmented on the basis of its services into three categories, namely- product support services, professional services, and managed services. On the basis of end-users, the market for communication test and measurement is segmented into four major categories, namely- network equipment manufacturers, mobile device manufacturers, telecommunication service providers, and enterprises. The communication test and measurement market is also segmented on the basis of geography into North America, Asia Pacific, Europe, and Rest of World (ROW). Some of the key players in the communication test and measurement market include Agilent Technologies, Anritsu, Calnex Solutions, JDS Uniphase Corporation, Danaher Corporation, National Instruments Corporation, Rohde & Schwarz, Octoscope, Spirent Communications, and Yokogawa Electric Company among others.

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User Interface Software Market -Can Be Bifurcated Into Standalone And Integrated Software

In telecommunications, the user interface (UI) is the outlook designed into an information device with which a user may interact. This can include keyboards, display screens, and the appearance of a desktop. It is also the medium through which a user interacts with a website or an application. There are distinctive software systems and tools to aid the design and implementation of user interface software. Such tools demonstrate substantial productivity gains for programmers and are becoming significant commercial products. User interface software is the foundation upon which the interface is built. The quality of the building blocks offered by the software establishes the framework in which an interface designer works. The tools enable the designer to quickly experiment with different design approaches and are also available to non-programmer designers. Designed user interfaces are efficient, self-explanatory, and user-friendly aids in operating machines to produce desired results. Such interfaces generally have a design with least input to obtain the desired output from the user, and the machine has the minimum amount of undesirable output for the user. The interfaces generated from tools can be presented in any operating system and platform in any preferred language. Moreover, the user can instantly shift to other languages.

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Creating high-quality user interfaces is an important step in bringing different computer applications or websites to different end-users. Speed of use and ease of learning must be united in an attractively designed interface that caters to application-oriented end-users. Thus, rise in demand for implementing user-friendly and attractive user interfaced is boosting demand of user interface software and tools globally. Furthermore, the time and capital involved in designing different user interfaces can be reduced by utilizing user interface tools that allow designing of multiple and different interfaces easily. Thus, all these factors are expected to drive the user interface software market during the forecast period.

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However, user interface tools must comply with the requirements of certain guidelines laid by certain agencies or enterprises, and their execution is a major challenge. Furthermore, lack of technical awareness among enterprises regarding the implementation of user interface tools is expected to restrain the user interface software market during the forecast period. However, such solutions help businesses enhance their revenue by improving interfaces by designing multiple interfaces cost effectively

Factor Impelling Global Structured Cabling Market through 2021 and Beyond

With a demonstrated fragmentation, the vendor landscape in the global market for structured cabling is highly competitive, states a new report by Transparency Market Research (TMR). CommScope Holding Company, Inc., Belden Inc., Schneider Electric SE, Corning Inc., and Legrand are some of the key vendors of structured cabling solutions present across the world. Strategic partnerships between international and local vendors can be observed in the years to come, notes the research study.

As per the market report, the global structured cabling market is likely to rise at a CAGR of 7.10% 

during the period from 2015 to 2021, registering a tremendous growth. The commercial, residential, government, industrial, and the transportation sectors have surfaced as the key application areas of structured cabling solutions across the world. Among these, the commercial sector is expected to 

become the key consumer over the next few years, states the market report.

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North America to Continue to Dominate

The report further presents a regional analysis of the global market for structured cabling, according to which, Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa are the main geographical segments of this market. Among these, North America has been leading the global market and is expected to continue to do so over the forthcoming years. The main factor behind the dominance of the North America market for structured cabling is early uptake of innovative practices and technologies. With the recent economic developments, Asia Pacific is also expected to register a significant increase in its market for structured cabling in the years to come, reports the market study.

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Technological Advancements to Support Market’s Growth

“The global market for structured cabling is witnessing a tremendous rise, thanks to the increasing 

need for modern network infrastructure among businesses. The augmenting demand for cost efficient and reliable comprehensive telecommunications infrastructure, which can help businesses meet a broad array of communication requirements, is also projected to support the growth of this market over the next few years. However, the high cost incurred in the deployment may hamper the market in the years to come. Nonetheless, the increasing need for efficiency and innovation in products in the residential sector is expected to normalize the impact of the restraint and support the market’s growth in the near future, states the research report.

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Global Multifactor Authentication Market: Governments to Boost Uptake as Need for Better Security Measures Grows

Transparency Market Research observes that the competitive landscape in the global multifactor authentication market is highly fragmented due to presence of several players. The report anticipates that mergers and acquisitions will remain important to established players in order to gain entry into the untapped markets. For instance, in November 2017, Gemalto formed a partnership with Computer Gross to expand its geographical servings for security and authentication based products. Innovation and introduction of technically-sound products are expected to be the two most important strategies of the global market in the near future. The competition is expected to get tougher as the players focus on extension of services to the end users. The report identifies Gemalto, Entrust, EMC, and Vasco as the key players in the global multifactor authentication market.

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According to the research report, the global multifactor authentication market is was valued at US$4,829.2 mn in 2016 and is expected to be worth US$20,444.9 mn by the end of 2025. During the forecast years of 2017 and 2025, the global market is expected to surge at a CAGR of 17.7%. In terms of models, the two-factor authentication model is expected to show tremendous progress as it’s a mere two-step verification process. Geographically, North America is expected to lead the global market as the region promises high adoption of multifactor authentication models amidst rising security concerns.

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Banking and Finance Sector Stokes Demand

The global market for multifactor authentication is expected to witness a soaring demand in the near future as the need for better security solutions will always be consistent. Multifactor authentication models are predominantly used for guarding sensitive information of utmost importance. Thus, it is readily being adopted by governments and banking and finance sectors to secure their top level data, files, and information about services. This multilayered authentication system is based on the parameters of genetics, possession, knowledge, and location to access the system. Possession requirements include software and hardware tokens including keyfob, OTP and others. Genetic parameters include items such as facial biometric, fingerprint, and retina scanning. Knowledge parameters are inclusive of user name and password, PIN’s and answers to secret questions. To make all of these layers even more secure, location-based parameter adds an extra layer of authentication.

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Such tight security measures are thus likely to revolutionize the way financial transactions are being secured. Furthermore, adoption of these models is expected to bring about tremendous security for projects that are under research and development. The report assesses that the two-factor authentication model is likely to gain maximum revenue in the near future as it a simpler verification process. It requires a combination of any of the two aforementioned parameters to give the end user a verified access. The growing number of cyber-attacks on financial institutions is expected to push the demand for multifactor authentication models. Furthermore, the stringent rules and regulations by governments across the globe to guard national secrets are also projected to augment the demand for these security measures.

Domain Name System (DNS) Firewall Market – Rising Data Security Concerns In All The Data Sensitive Companies Around The World

Bring Your Own Device (BYOD) is on a robust growth trajectory with rapid adoption in the IT industry. Mobile devices are continuously crossing mixed cloud and physical infrastructure from outside and inside the network whose security may not always be under control. As a result, the network is being constantly exposed to malware threats. Domain Name System (DNS) is the main pathway. Majority of malware uses DNS to redirect traffic to malicious sites and communicate with command and control servers. Existing perimeter defenses and security controls are not designed to isolate, prevent, and remediate DNS-based malware threats. DNS Firewall can be used to prevent elusive malware threats and gain preemptive network protection against fast-evolving threats that exploit DNS to communicate with control and command servers and botnets, preventing exfiltration of data.

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DNS firewall can help data sensitive enterprises to prevent devices which are connected to hybrid infrastructure, from attempting outbound connections and also prevent data exfiltration. DNS firewall can also be used to accelerate remediation by automatically sharing actionable threat data and network intelligence in real time with security ecosystems.

DNS firewall controls the IP addresses, domain names, and name servers that are allowed to function on the network. This enables enterprises and Internet Service Providers (ISP) to define lists of prefixes of end nodes, IP addresses, subnets, and configure rules to secure the network by redirecting the resolution of DNS name away from non-existing domains.

The major factors which are expected to drive the DNS firewall market are rising data security concerns in all the data sensitive companies around the world, increasing virtualization in the IT sector, and rise in the implementation of BYOD policy.  Vulnerability of domain name systems to intrusions and malwares are also some of the factors driving the Domain Name System firewall market. However, high cost of implementation and upgrade of DNS firewall, and Information Technology (IT) security budget concerns are some of the major restraints pulling back the growth of the DNS firewall market.

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Business Mapping Software Market-Increased Demand For Business Intelligence

Business mapping software helps in monitoring a business on the basis of account roles, responsibilities and standards, and also processes such as receiving orders, invoicing, shipping, setting orders, and managing employee information. Business mapping software offers effective solutions for an organization to improve its business processes efficiency, adhering to regulations. Business process mapping is an effective process to visualize various business management methods that people use to analyze the effective routes for re-engineering or improving the operational process. The business process incorporates end-to-end activities that enable an organization to fulfil its objectives. Thus, business mapping software is used for connection, integration, and service-oriented architecture (SOA) process management.

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Business processes are evolving, depending on the constantly-changing business needs, i.e. personnel turnover, acquisitions, etc. It is observed that many companies are engrossed in operating their businesses without evaluating the current ability of internal processes and understanding why and how these processes developed. Therefore, business mapping software plays a vital role in enhancing the processes that are involved in business management. The main goal of business mapping software is to provide an overview of the relevant business processes so that organizations and individuals participating in a process are able to understand their specific role in the overall structure.

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Intelligent PDU Market- Growing Demand For High-Power Capabilities In High-Power Density Surroundings

Intelligent PDUs help to produce intelligent architecture that can determine some of most insistent data centre control tasks. Elements that are driving the evolution of this market are by growing demand for high-power capabilities in high-power density surroundings, increasing demand for intelligent products in datacentres, and rising environmental & safety anxieties in established countries. High-density surroundings necessitate more input power from the PDU. Extending three-phase networks to the rack enhancements of power that can deliver by each PDU, thereby increasing rack density. It also simplifies load balancing across the three input phases coming into the datacentre leading to better-quality efficiencies.

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Global intelligent PDU market is segmented by type, power phase, application and end use industry. By type, the market can be segmented into metered, monitored, and automatic transfer switch. Metered PDUs responsible for local visual monitoring ability through a fixed LED meter that shows real-time power data. PDUs can be used for outlet metering and inlet metering of power load. Both outlet and inlet metered PDUs help to determine power usage. However, inlet-metered PDUs define the available capacity of the racks, and the outlet-metered PDU define the existing capacity to simplify provisioning. Outlet-metered PDUs are also used to determine the actual ingesting of power at the device & server levels and inlet-metered PDUs are used to activate user-defined alarms, thereby warn about the potential circuit overload to protect any information technology disasters. By power phase, the market can be segmented into single phase and three phase. By application, the market can be segmented into datacentres, industrial power solutions, and void phone systems. Intelligent PDUs are extensively used in the telecom & IT industry for applications at datacentres. 

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Tax Software Market-Rise In Investments In Digital Solutions

According to a new market report published by Transparency Market Research , the global tax software market is expected to reach a value of US$ 19,513.2 Mn by 2026 on account of growing adoption of tax software and e-accounting solutions across various industries.Technological inventions in electronic equipment have increased at a fast pace. Tax management systems are one such innovation that play a vital role in banking, government, telecom, retail, etc. Tax software is designed to help companies or individuals in ensuring tax compliance for corporate tax, income tax, VAT, customs, sales tax, service tax, and similar tax users may require to pay. Tax software simplifies the process of filing tax through tax forms and also automatically calculates a company’s or individual’s tax compulsions/obligations. The objective of this software is to provide the user with a simplified solution to calculate tax payment and minimize any associated human error.

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Adoption of tax software driving the global tax software market

Rapid developments in technologies for tax management have made it possible for a range of industries to increase their number of consumers across the world. There has been a significant need for technological solutions in the taxation industry due to advance features that help in enhancing financial management of various organizations. This is likely to create strong demand for tax software in the near future. Similarly, vendors across countries such as China, India, the U.S., U.K, Germany, Finland, Singapore, and Denmark are focusing on enhancing tax management solutions aspect of the taxation industry. Public agencies as well as private companies are emphasizing on providing tax software mainly due to the benefits offered by electronic accounting, as these solutions are highly effective in improving the performance and infrastructure of organizations across regions.

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Flexible Remote System Management Market-The Adoption Of Remote Management Solutions

Remote administration is a method of supervising a system from an isolated or remote location. A software is used for supervision or monitoring of systems either requiring regular and repetitive actions or for situations when it is impossible to be present physically near a system or computer to use it. Remote location may be a nearby computer (within the same premises) or distantly located, say miles away. Some of the features of remote system management are active discovery, automated monitoring, remote access, reporting, mobile device management, and web protection, making it appropriate to be used in several industries. Flexible remote system management is the enhanced version of remote system management where the software used in the system utilizes embedded intelligence to deliver simple, easy-to-use access control, and is cost-effective (does not require dedicated PC or special software). 

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There are various factors driving the growth of the flexible remote system management market. One of the driving factors is the growing need to increase operational efficiency and productivity in industry verticals such as oil & gas, metal & mining, chemical, pulp & paper, power, food & beverages, and pharmaceuticals. In addition, improving compatibility of communication and data protocols/interfaces, ready to use devices, and centralization in a single point have further augmented the adoption of remote management solutions. More importantly, flexibility in the operation i.e. software can be updated once installed without replacement or redevelopment is a huge positive driving factor. Growing demand for industrial automation and increasing demand for industrial mobility to remotely manage the industrial process is also a driving factor. Increase in operational cost is an upcoming challenge to the growth of the flexible remote system management market. 

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Smart Electricity Meters Market- The Growing Emphasis On Renewable Sources Of Energy

Global Smart Electricity Meters Market: Snapshot

Efficient usage of energy is currently a trend that all industries are indulged into, as it is paramount to evolve over the dependency on pollution-creating fossil fuel. At the same time, rapid urbanization in a number of countries has propelled the percentage of the development of smart cities, which are equipped with smart electricity meters that can efficiently calculate the consumption of energy and provides details on nodes which can be harnessed to lower the energy costs as well as extend machine’s life.

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Smart electric meters are primarily built for the residential building and construction sector, as the installation of these devices help in reducing greenhouse gas emissions by improving peak time savings of energy. European Union has already introduced 20-20-20 policy, which relates to 20 percent increase in energy efficiency, 20 percent reduction in the emission of carbon dioxide, and 20 incremented dependency on renewables by 2020. In addition to that, the growing emphasis on renewable sources of energy is also expected augment the demand in the global smart electricity meters market. Energy extracted from renewables invariably depend on time and other factors and hence require smart meters to identify intervals of intermittent supply and compensate this loss by controlling energy consumption of different components.

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On the back of substantial promotional activities to spread the adoption of green energy and integration of value chain, the smart electricity meters market is poised to experience extended demand at a notable CAGR during the forecast period of 2016 to 2024. On the other hand, considerable cost of installation, lack of compatibility with various traditional equipment, and lack of awareness among a large consumer base in Asia Pacific is obstructing the market from attaining its true potential.

Data Wrangling Market : Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights

Data Wrangling Market - Overview

Advancement in data analytics technology has become an everyday occurrence for enterprises and small businesses, which in turn is opening up new opportunities for business development. Data analytics deals with assembling and transforming newly acquired data into an appropriate and usable form. Furthermore, data analytics technology is frequently used by large enterprises for data cleaning which is a critical part of structuring the data gathered from completed processes. Data wrangling is not only about cleaning and transforming procedures; many other aspects such as merging of different sources, data quality, managing data provenance, and reproducible processes have to be considered. Data wrangling is the technology by which the data required by an application is extracted, identified, integrated, and cleaned, to produce a dataset which is appropriate for analysis and exploration. Data wrangling are broadly used to extract, transform, and load (ETL) platforms and techniques and also require manual work from the domain and technical experts at diverse stages of the process.

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The data wrangling market is segmented on the basis of deployment model, enterprise size, business function, component, industry, and region. Based on deployment model, the market is divided into cloud-based and on premise. By the use of cloud-based deployment models, companies can avoid huge expenditure relating to data, software, maintenance cost, and staff. On the basis of enterprise size, the data wrangling market is bifurcated into small & medium enterprise and large enterprise. Based on business function, the data wrangling market is divided into finance, marketing & sales, operations, human resources, and legal. Enterprises are installing extensive analytical solutions to identify the root cause of equipment failures efficiently and effectively, identify the log pattern, and examine user performance. Data wrangling tools are therefore estimated to be used in profiling, standardizing, and cleaning data. It might help the operations team to have a broader control over their systems. In terms of components, the data wrangling market is divided into tools and services. Further, services are segmented as managed services, consulting services, professional services, and maintenance services. 

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Open Source Services Market : Worldwide Industry Analysis and New Market Opportunities Explored

Open source services offerings emphasize on open source technologies through the whole technology spectrum including servers to data integration software and critical business solutions such as Big Data, and customer relationship management. Though the basic offerings are like traditional IT service offerings, open source services are custom-made around the open source software. Open source software retains its high quality by allowing a large number of coders from different backgrounds with distinctive perspectives to make regular updates and improve the value and flexibility of the code. Open source services are used for business process management, data integration, cloud management, web content management, and project management. Open source in cloud computing offers high compatibility with a range of products such as Cloudify and Cloud Foundry. Besides, it can also be used in software modeling tools and software development tools.

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The open source services market is gaining traction across the globe due to the growing availability of open source platforms, increasing tech-savvy population, and flexibility to modify the code. These services enable users to interact and modify the source code. As more users can develop a code better and make it more purposeful, its relevance consequently increases. Furthermore, open source management projects enhance enterprise capabilities. Software such as Blender (3D modeling software), LibreCAD (2D CAD software), and SimPy, automatically offer benefits due to copyright protection, providing the developer control over permission to make copies of the derivatives. Open source services provide companies with the benefit of cost-effectiveness and enhanced security and quality. Open source software does not include upgrading costs and multi-user fees and administration fees. 

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Baby Feeding Accessories Market – Rising Population And Growing Health Concern Especially For Children Is Further Booming The Market

Baby feeding accessories market are showing significant growth over the years due to the fact that nutritional wellbeing of a child is both an outcome and an indicator of national development. Appropriate feeding has become a crucial factor for healthy growth and development of infant. Moreover, due to the factors such as changing lifestyles, rising population and growing health concern especially for children is further booming the market of baby feeding accessories. The growing number of population aged between 1-3 years in Asia Pacific (APAC) and Latin American countries, , is primarily driving the baby feeding accessories market in these regions. The growing competition amongst various feeding accessories segments is forcing the manufacturers to focus on product innovation and better marketing activities. Baby feeding accessories market are gaining interest owing to the increasing popularity of breast pump accessories worldwide.

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The key players of baby feeding accessories such as Mothercare, Artsana USA Inc., Philips Avent, Tupperware and Novatex Inc among others are focusing on product innovation to suit consumer’s preferences and also to provide their customers with healthier options for infant care.. Moreover the large number of untapped market in Africa due to the economic slowdown is major opportunity for the baby feeding accessories market.

The global baby feeding accessories market segmented into by product type, by distribution channel and by region. On the basis of different types of baby feeding accessories market is segmented into baby bottles and nipples. On the basis of distribution channel the global baby feeding accessories market is segmented into online distribution channel and offline distribution channel. Offline distribution channel is further segmented by retail store, hyper market and super market, departmental stores, specialty shop and others.

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Aquatic Fitness Equipment Market- Rising Popularity Of Aquatic Training Programs Globally

Aquatic fitness equipments are used for exercising in water. With increase consciousness about fitness and growing popularity of water exercises, demand of aquatic fitness equipments are increasing considerably. The aquatic fitness equipment is gradually growing in design, function and popularity. These equipments have progressed in design and are made for beneficial options for use in personal training, group fitness and rehabilitation applications for fitness professionals. Use of aquatic fitness equipments in training programs serves multiple purposes such as utilization of equipment to make a load more than the water’s resistance. Similarly as gravity makes the load ashore and including weight strengthens the workload, including equipment in the water fills a similar need to expand workload. Utilizing equipment to make more resistance and a higher force/workload for both cardio respiratory conditioning and muscular fitness. Aquatic fitness equipment permits to make dynamic overload in the oceanic condition for rehabilitation or training. 

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The global market for aquatic fitness equipment is segregated on the basis of product type, distribution channel and geography. On the basis of product type, the global aquatic fitness market is segregated into buoyancy equipment, weighted equipment, drag equipment rubberized equipment and others. Buoyancy equipment includes foam hand bars, cuffs, balls, noodles, bars and wafers. This equipment is principally made of shut cell froth to stand buildup and dampness immersion, and has a more than average time span of usability. There is next to zero requirements for repair with intermittent substitution being the essential continuous cost. The extent of the hardware, shape, thickness of froth, lever length and speed of development all add to decide the level of resistance of the equipment. Weighted equipment includes ankle weights, wrist weights, weight belts and handheld weights. Drag equipment includes fins, webbed gloves, paddles, cuffs and other types of hand-held resistance. 

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Artificial Intelligence (AI) Apps (Enterprise Level & Excluding – B2C) Market is Driven Mainly By Marketing & Sales And Supply Chain Management Application

Artificial Intelligence (AI) is intelligence delivered by machines. Mobile applications are continually improving with artificial intelligence (AI). AI has changed the business landscape as it is enabling businesses to work faster and smarter. Some businesses use AI to automate business intelligence and analytics processes while others use it to detect fraudulent activities. AI apps are also used as clinical decision support in healthcare, and for advertising and customer support in retail. AI apps adoption is happening across industries for simplifying one or more business processes.

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With rapidly evolving AI apps, it has become necessary for businesses to have the technical infrastructure, strategies, and plans to support AI capabilities and implementation. The Artificial Intelligence (AI) Apps market is segmented on the basis of technology into machine learning, speech recognition, deep neural networks, text analytics, and Natural Language Processing (NLP), image recognition and virtual agents. Machine learning is the largest technology segment which has been adopted across all industries and applications. Shortage of high quality AI-talent and skills is one of the challenges in the adoption of AI in enterprises. While it is observed that there are gaps between AI adoption in different industries, telecom and financial services sectors are the leading adopters of AI, creating competitive advantage using AI apps. In the finance sector, AI Apps are used as applications to detect fraud transactions, for automated report generation, automated credit sourcing, and as a personal financial advisor. At the enterprise level, Artificial Intelligence (AI) Apps are expected to influence organization structure, decisions, technology standards, and internal and external systems.

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Global Parking Management Solutions Market-The Increasing Demand For Smooth Movement Of Traffic To Monitor

The key players in the global parking management solutions market include name such as Parkeson S.A.S., IPS Group Inc., Ventek International, J.J.Mackay Canada Limited, LocoMobi Inc., Cale Access AB, Parking BOXX, METRIC Group Ltd., Parking Inc., CivicSmart Inc., and POM Inc. The companies in the market are indulging into strategic business activities such as product development and product innovation to enhance their overall market presence. Along with that, the companies are also striving to provide integrated solutions and applications for efficient management for parking requirements. Apart from this, development of parking management solutions that are more customer friendly, cost-effective with better reliability compared to the existing management solutions are also some of the other strategies adopted by the companies to stay ahead in the global competition.

The global market for parking management solutions is expected to reach an overall market valuation worth US$614.59 bn by the end of 2025. This growth of the global market is projected to be achieved with the help of an impressive CAGR of 9.3% over the course of the given forecast period of 2017 to 2025.

In terms of geographical regions, the global market for parking management solutions has been dominated by North America in the recent years, with the U.S. being the base to a large group of players in the market. Use of advanced parking kiosks is one of the popular trends observed in the parking areas across Europe. These kiosks are projected to aid the private garage operators as well as municipalities to keep a track of every infringement in parking and offer a solid comparison against the actual issued citations.

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Increasing Number of Vehicles to Raise Demand for More Parking Spaces

The increasing demand for smooth movement of traffic to monitor the constant traffic congestions and other issues related to transportation is one of the chief driving factors for the growth of the global market for parking management solutions across urban cities. Ever increasing populations and the consequent rise in the number of vehicles are also important factor in spurring the development of the global market in the coming years of the forecast period.

The number of vehicles across the globe is on a constant rise and is subsequently leading to issues related to scarcity of parking areas. This has led to rise in demand for smart and efficient parking systems. Advanced parking management systems that are presently in use not only offer a high degree of convenience to drivers, but also helps in easing up the business functions and other operations at the parking areas.

The other advantages of the parking management solutions include cut down in the overall cost of hardware and connectivity and rise in the revenue profits of the owners of the parking sites.

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Global Digital Asset Management Market-Alliances to Surge Ahead of Competitors

The market for digital asset management (DAM) is teeming with both small- and mid-sized players and their cash-rich counterparts. This not just makes the competitive landscape fragmented but also highly competitive. In order to surge ahead of their rivals in such a cutthroat environment, companies are devising various strategies. One such is the development of new solutions and products by upping spends on research and development. Another popular strategy with players in the market for digital assessment market (DAM) is forging of partnerships and alliances.

A research study by Transparency Market Research observes that some of the key players in the global digital asset management market are domiciled in North America. They are Microsoft Corporation, IBM Corporation, Dell EMC, Hewlett Packard Enterprise, and Oracle Corporation.

The report by TMR projects the market for digital asset management (DAM) to attain a value of US$6.33 bn in 2025 from US$1.73 bn in 2016. The market will rake in the value by registering a solid CAGR of 15.6% between 2017 and 2025.

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Depending upon the manner of deployment, the global market for digital asset management (DAM) can be divided into on-premise, enterprise, and cloud deployment models. Among the three, the enterprise deployment model accounted for a leading share in the market in 2016. In the foreseeable future, the segment will continue to hold a dominant position, albeit reducing its share owing to the surging popularity of cloud-based deployment.

Geographically, Europe and North America are major contributors to the global market for digital asset management (DAM). Together, they held slightly over half the share in the market in 2016. North America, powered primarily by Canada and the U.S., has emerged as one of the market leaders because of the increasing automation and adoption of cloud storage in the region.

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Global Computer Graphics Market will be progressing at a CAGR of 5.50% during the period from 2016 to 2024

Although the global market for computer graphics is led by a few established multination players, such as Intel Corp., Nvidia Corp., Sony Corp., Siemens, Adobe, Microsoft, and Autodesk Inc., it demonstrates a fragmented competitive landscape due to the stronghold of local participants in regional pockets, states a new research report by Transparency Market Research (TMR). Over the coming years, with many players opting for mergers, acquisitions, and strategic agreements to strengthen their positions, the competition in this market is anticipated to intensify significantly. The low entry barriers for new players, thanks to the low cost and easy availability of labor, especially in emerging economies, will further increase the level of competition in this market in the near future, states the research report.

According to TMR, the opportunity in the worldwide market for computer graphics, which stood at US$130.9 bn in 2015, will be progressing at a CAGR of 5.50% during the period from 2016 to 2024 and reach US$211.60 bn by the end of the forecast period. The demand for hardware components is greater than the software components and this trend is expected to remain so in the near future. Image processing, CAD, entertainment, and user interfaces have surfaced as the key application areas for computer graphics. On the geographical forefront, the global computer graphics market is dominated by North America. With the presence of key visual effect providers in the U.S. and Canada, this regional market is anticipated to continue on the top over the next few years, notes the study.

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Rise in Media and Entertainment Industry to Influence Demand for Computer Graphics

“The global market for computer graphics has witnessed an exceptional upswing in its valuation over the recent past, thanks to the remarkable boom in the gaming industry,” says an analyst at TMR. “The significant rise in the media and entertainment industry is also fuelling the demand for computer graphics, reflecting positively on this market,” she added.

The augmenting usage of 3D animation effects and image processing in various media and entertainment applications and the fueling demand for computer graphics software in several end-use industries, such as auto.

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Global Passenger Service System (PSS) Market-The High Uptake Among Medium And Small Airline Operators

Some of the key players in the global passenger service system (PSS) market are Sirena-Travel JSCS, Radixx International, Inc., Hitit Computer Services A.S., Intelisys Aviation Systems Inc., Bravo Passenger Solutions Pte Ltd., Unisys Corp., Hexaware Technologies Ltd., Travelport Worldwide Ltd., SITA NV, Sabre Corp., IBS Software Services Pvt. Ltd., Information Systems Associates FZE, Amadeus IT Group SA, Travel Technology Interactive, Mercator Ltd., Travelsky Technology Ltd., and KIU System Solutions.

As per a report by Transparency Market Research, the global passenger service system (PSS) market will likely expand at a robust 11.8% CAGR between 2016 and 2024 to become worth US$ 11.523 bn by 2024 from US$4.315 bn in 2015.

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Small and Medium Operators Propel Airline Reservation System

Depending upon the various services offered, the global passenger service system (PSS) market can be segmented into airline inventory system, internet booking system, airline reservation system, airport management consulting, loyalty system, departure control system, ancillary services, and customer care system. Among them, the airline reservation system segment accounted for maximum share of 27.8% in 2015. Mainly driving the growth in this segment is the high uptake among medium and small airline operators.

Geographically, the key segments of the global passenger service system (PSS) market are North America, South America, Asia Pacific, Europe, and the Middle East and Africa. Asia Pacific, of them, is slated to expand its share at a healthy clip and contribute to the market substantially, in the forecast period. As per the TMR report, the market is Asia Pacific will likely rise at a CAGR of 13.0% between 2016 and 2024.

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Data Center on Demand (DCoD) Market-The Growing Number Of Vendors Offering Data Center On Demand Solutions Is Also Driving The Market

The last decade witnessed prolific growth in the number of data centers around the world to cater to the needs of global and local enterprises. An increasing number of businesses have adopted data centers to be more competitive and reap greater benefits while producing vast amounts of data. In the past, enterprises often faced the downside of a slight latency in information being, retrieved thereby seeing their performance affected. Post 2012, a tremendous increase in Internet traffic, data volume, and storage requirement due to the increased adoption of cloud-based services, gave rise to a new set of data centers called edge data centers. These are integrated units that contain cooling systems, UPS, fire suppression systems, etc. and serve 50%–75% traffic of the local users, There are many factors driving the global data center on demand (DCoD) market. The growing demand for edge data centers, is expected to be one of the major drivers of the market. This growing demand for edge data centers is originating from enterprises due to their low cost of ownership and their ability to reduce data traffic in core networks and resolve latency issues. 

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There are many restraints on the global DCoD market. Regardless of technical innovations, the high chances of operational failure of a DCoD as compared to a traditional data center is one of the major restraints on the global DCoD market. Moreover, DCoDs are vulnerable to single-point failure and security threats, which are expected to restrain the market’s growth.

The global DCoD market can be segmented on the basis of product, industry vertical, and region. On the basis of product, the market can be divided into facility containers, IT containers, and all-in-one containers. On the basis of industry vertical, the market can be divided into BFSI, government and defense, energy and oil & gas, IT, retail, and telecommunications & CSPs. On the basis of region, the market can be divided into North America, Asia Pacific, Middle East and Africa, Europe, and South America. Europe is expected to hold a substantial share of market and witness prominent growth. North America is anticipated to follow Europe in terms of market share and growth.

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Rapid Prototyping Market-Consumer goods & electronics end-use industry to expand at a significant growth rate during the forecast period

The global rapid prototyping market was valued at US$ 1,928.2 Mn in 2016 and is projected to register compound annual growth rate (CAGR) of over 12.91% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Rapid Prototyping Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” The report suggests that rising use of rapid prototyping across automotive, consumer goods & electronics, and healthcare industries worldwide along with the rising trend of 3D printing technology around the globe is likely to spur the demand for rapid prototyping in the coming years (2018 to 2026). As key players introduce new rapid prototyping in developed markets such as North America, Europe, and Asia Pacific, these regions are likely to account for dominating share of the global rapid prototyping market. Growing demand for rapid prototyping from the growing consumer goods & electronics industry in emerging markets such as China, Japan, and India is likely to boost growth of the Asia Pacific rapid prototyping market at a growth rate of around 15% from 2018 to 2026.

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Rapid prototyping has gained significant attention and has become one of the most sought after technological advancements. Rapid prototyping helps in the manufacturing of a product effectively by reducing the time between the design and final production. Initial cost of a 3D printer used for rapid prototyping is very high and this initial cost is one of the prominent factors holding back the growth of 3D printing and rapid prototyping. For instance, high quality 3D printers can cost upward of up to US$ 2 million. Furthermore, one of the issues with rapid prototyping is that 3D printers tend to be small and as a result the size of the developed product is also small. However, there are huge 3D printers available in the market, but the cost of such printers is very high for smaller sized companies. With respect to cost, bigger industries such as automotive and aerospace have no problems in using the bigger 3D printers. However, many companies still have to use traditional methods of manufacturing until the cost of bigger machines goes down. Many players in the rapid prototyping space are trying to develop and offer cost effective 3D printers to excel in the continuously increasing competition and to promote rapid prototyping.

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Subsurface Engineering Software Market-Introduction Of Cloud-Based Software Solutions

Subsurface engineering is process used is to select equipment that will best suit in the subsurface environment for optimized performance of utilities. Subsurface engineering helps estimate project costs and benefits so as to reduce expenses. Subsurface engineering software solutions are used to integrate 3D design, surveying, and geographic data and information into a combined modeling and information management environment. Moreover, the solution ensures a better overview and understanding of subsurface utility systems. Subsurface engineering softwaresolutions optimize the overall design, without compromising on the existing infrastructure. This software solution helps maintain a relationship between the existing data and various GIS data sources. Subsurface engineering software companies engage in activities such as surveying, civil engineering, and data management. These companies utilize several tools for detection and positioning such as pipe and cable locators and metal detectors as well as methods such as magnetic method, ground penetrating radar (GPR), acoustic emission method, and vacuum excavation.

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Increasing demand for accurate mapping of subsurface utilities during the operation is a key driving factor of the global subsurface engineering software market. Subsurface engineering solutions are employed to integrate and share subsurface designs and associated data easily. Use of subsurface engineering software reduces project delivery time by as much as 20%. Introduction of cloud-based software solutions boosts the subsurface engineering software market. Usage of subsurface engineering software minimizes the risk of obtaining inaccurate data about underground utilities. However, high maintenance cost incurred during operation of this software is hampering the global subsurface engineering software market. The integration of subsurface engineering software solutions with the user interface such as bluetooth, grid scans, and live scans offers significant growth opportunities to the market.

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Parametric Design Software Market-Increase In Demand For Cost And Time Effective Solutions

Parametric Design Software Market – Overview

Parametric is a term used to define a dimension’s ability to modify the shape of model geometry when the dimension value is altered. Parametric design software has the capability to create designs that need to be modified on a regular basis. Advanced designing technologies are changing the world of product design. Parametric design software aids organizations to choose the right product lifecycle management (PLM) components in order to meet their business objectives. Computer technology has provided various technologies and tools to architects and designers which can be used to simulate and analyze the complications observed in urban organizational patterns and structural building shapes. Before the introduction of parametric designing and modeling, changing the shape and size of any object was not an easy task for engineers.

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Parametric Design Software Market – Drivers & Restraints

The global parametric design software market is driven by rapid developments in the designing and manufacturing industry and increase in demand for cost and time effective solutions. This is the result of development of designing tools and rapid analysis features that enable engineers to reduce the design cycle and production time as well as enhance the quality of the end product. Additionally, increase in adoption of virtual platforms for product development in the manufacturing industry is anticipated to fuel demand for parametric design software across the world. However, requirement of professional training and high cost of training are the major factors expected to hamper the growth of the global parametric design software market in the near future. Furthermore, high cost of implementation is likely to restrain the global market.

Surge in demand for parametric design software for smart packaging is projected to present significant opportunities in the market in the next few years. This is primarily because smart packaging helps to reduce wastage and loss of food. Consequently, this has created new demand for parametric designing software in the global packaging industry. Furthermore, a paradigm shift from traditional designing tools such as computer-aided design (CAD) software to advanced designing tools has created additional demand for the parametric design software across the world.

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