Monday 24 September 2018

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. 

Tax Software Market-Rise In Investments In Digital Solutions


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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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Thursday 20 September 2018

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.

Wednesday 19 September 2018

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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Friday 14 September 2018

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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Wednesday 12 September 2018

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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Tuesday 11 September 2018

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


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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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Depth Sensing Market-Rise In Need For Enhanced Security And Surveillance Systems

Depth sensing is the process of measuring the distance to an object with the help of a depth sensor device. The target to be measured can be a line, dot, or even a collection of dots making an area. The advent of depth sensors has made it possible to track monocular signs and the real depth values of the environment. Besides this, depth sensors also have the capability to capture video data in 3D under any ambient light conditions. Depth sensors are able to extract features from images with added scope because they have the ability to measure actual distance data from any article. Rise in demand for applications such as gesture control, face recognition, augmented reality and virtual reality, and scanning are boosting demand for depth sensing technology around the globe.

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The global depth sensing market is expanding at a higher pace, owing to factors such as increase in usage of depth sensing technology in augmented reality and virtual reality gaming applications and rise in need for enhanced security and surveillance systems among end-users. Apart from this, rise in acceptance of dual-camera smartphones and robust expansion in the smartphone market are factors that are expected to propel demand for depth sensing technology across the world during the forecast period. This is primarily because smartphone manufacturers are currently using depth sensing technologies to enable recognition, authentication, and facial detection in their devices. However, high cost burden is a major factor that is anticipated to hinder the global depth sensing market in the near future.

Increase in demand for enhanced medical imaging technologies and solutions and improved environmental scanning applications are anticipated to offer significant growth opportunities to the depth sensing market in the next few years. However, high power consumption for capturing data, difficulty in managing all the captured facts and figures, and filtering the data to get the required information are challenges that are anticipated to impede the growth of the market. Moroever, necessity of perfect angle for stereo depth sensing technology is expected to hamper the depth sensing market around the globe.

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Simulation and Energy Analysis Software Market-Rise In Demand For Specialized Software

Simulation and Energy Analysis Software Market – Overview

Building simulation and energy analysis predicts performance aspects of a building by creating a virtual replica, sufficiently accurate to form a suitable representation of the actual building. Simulation and energy analysis software is a system to quantitatively predict a building’s endurance. The building is built from its fundamental parts on a computer and simulation is carried out by taking that building through the weather conditions of an entire year.

Building simulation is broadly classified into two categories: load design and energy analysis. Load design is used to determine air conditioning load, volumetric air flow requirement, etc. Energy analysis is used to predict the monthly energy consumption, annual energy costs, and annual carbon dioxide emissions. Besides energy consumption, simulation software tools could be used to calculate indoor temperature, heating and cooling requirements, consumption needs of HVAC systems, levels of ventilation, etc.

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Simulation and Energy Analysis Software Market – Drivers & Restraints

Investment in information technology by various industries and rise in demand for specialized software act as key drivers of the global simulation and energy analysis software market. Major advantage of simulation and energy analysis software is that one can perform “what-if” analysis and study the behavior of a system without building it for real. Key restraints of the market are high cost of building and conducting simulation, and requirement of special training as the simulation results can be misinterpreted by an under-trained personnel.

The simulation and energy analysis software industry needs to reduce its dependence on large players and increase or modify its offerings with the rapid technological transformations. Currently, the industry caters to established enterprises that can afford the high cost of the software and that demand high end services.

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Enterprise Building Solutions Market- Building Operations Are Simplified

Enterprise building solutions includes building automation and control systems which are centralized and interconnected networks of software and hardware that are used for monitoring and controlling the environment in industrial, commercial, and residential facilities. Such systems specifically control elevators, lighting, HVAC (Heating, Ventilation and Air Conditioning), and entertainment systems. These systems also ensure comfort and safety of the occupants and at the same time enhance the operational performance of the facilities. One of the major benefits of implementing enterprise building solutions are that building operations are simplified. For instance, if there is any fault with equipment in the building, with the help of graphical displays, one can determine the nature of fault. Moreover, Enterprise Building solutions provide innovative unified platforms with built in class structured cabling to cater the in house wireless solution and manage the network traffic.

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Avoiding business interruptions is another advantage of implementing enterprise building solutions. Unexpected power failure, breakdown in equipment, and emergency repairs can cause costly business interruptions especially when customers are involved. Enterprise building solutions frequently monitor equipment status and help in overcoming unexpected problems. Another advantage of enterprise building solutions is reduced maintenance cost. Since the equipment installed in the building is frequently monitored and optimally used, the maintenance cost due to wear-and-tear is reduced, thereby extending the equipment life.

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The global enterprise building solutions market is segmented by building type into existing building and new building. On the basis of building size, the enterprise building solutions market is segmented into large and medium buildings, and small buildings. The end-user applications of the global enterprise building solutions market are residential, industrial, institutional, commercial and others. Commercial applications include offices, lodgings, retail, and healthcare among others. Educational, government, amusement, religious, and public recreation buildings are included under institutional applications. Industrial applications include manufacturing plants and non-manufacturing warehouses. Residential and commercial applications majorly contribute to the enterprise building solutions market.

Monday 10 September 2018

Cloud Data Loss Prevention Solution Market : A Well-Defined Technological Growth Map With An Impact-Analysis

A cloud data loss prevention solution is crucial for an organization to protect sensitive and confidential data from malicious attacks, ransom, and document leaks. Cloud data loss prevention solution is a process for protecting data in cloud to reduce unauthorized exposure or data theft. This solution provides tools to categorize, mask, and convert sensitive elements. Therefore, it helps an organization to manage of the data which it has collected, stored, or used for business or analytics. The purpose of cloud data loss prevention solutions is to avoid confidential information and sensitive data from being used, stored, or transferred insecurely. This solution specifically protects enterprises that have implemented cloud for storage of data. Additionally, this solution eliminates or changes confidential or sensitive data before files are shared to the cloud. Cloud data loss prevention solution continuously audits stored data. The solution is able to apply controls to sensitive data automatically.

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The driving factor for the global cloud data loss prevention solution market is the rise in need for data security. The other additional factor driving the cloud data loss prevention market is the increase in employee mobility and BYOD (bring your own device). The cloud data loss prevention solution provides additional functions such as monitoring data usage and off network and maintaining the visibility and control to comply with privacy and data protection regulations. Cloud data protection provides integrity, storage management, and infrastructure security. This factor is anticipated to propel the cloud data loss prevention solution market globally during the forecast period. Furthermore, the global cloud data loss prevention solution market maintains the visibility and control with privacy and data protection regulations. Besides this solution provides unified threat management and endpoint security. However, the global cloud data prevention solution requires a number of distinct technologies and processes to be effective. Opportunities for the global cloud data loss prevention solution market include implementation of data loss prevention policies and system that should provide the capability to scan all the stored data in a cloud service.

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Next Generation Search Engines Market-Need Of Relevant Information Are Expected To Support The Growth Of The Market

Search engine technology provides a methodology or framework to facilitate search on the World Wide Web (WWW). The installed software program initially examines and explores its database considering the keywords provided as search items and helps in retrieving the data related to those keywords. Automated systems constantly search for content to keep abreast of recently updated data or content on the web. The rapid growth of the amount of data on Internet has brought in new problems in terms of analysis, organization, retrieval, and capture of the massive information. As traditional search engines are based on early directory services, they are currently facing limitations regarding the management of massive heterogeneous information search. Hence the need for search engines with expanded search scope and enhanced search speed and efficiency has emerged. Such engines with enhanced search technology and improved efficiency are called next generation search engines.

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Demand for new technologies and need of relevant information are expected to support the growth of the next generation search engines market during the forecast period. Increased penetration of smartphones along with rise in the number of internet users are further propelling the market. However, privacy concerns and high initial set-up cost are restraining the next generation search engines market.

The global next generation search engines market can be segmented on the basis of its platform type, end-user industry, enterprise size, and region. Based on platform type, the next generation search engines market can be classified into mobile and desktop. On the basis of end-user industry, the next generation search engines market can be divided into BFSI, healthcare, consulting, automotive, oil & gas, retail, media & entertainment, and others. Consulting, followed by BFSI, is estimated to remain a sizable end-use industry in the global next generation search engines market in the next few years attributing to enterprises that provide solutions in customer service, advisory and decision-making support, investment consulting, and other relevant domains.

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Electric Power Distribution Automated System Market-Increase In Adoption Of Smart Grids

Distribution automation system may refer to an arrangement of communication technologies, sensors, and processors that helps in organizing and screening the distribution of power. These systems are the mainstay of the modern power grid framework. Electric power distribution automated systems help increase the efficiency of operations.

Rise in the number of funding initiatives and increase in adoption of smart grids are anticipated to be key factors driving the global electric power distribution automated system market. Funding initiatives are mostly associated with transmission and distribution of electricity. Replacement of aging infrastructure across the world is also anticipated to boost the electric power distribution automated system market. Furthermore, emergence of smart cities, which require automation at all levels in utilities, is projected to boost the market. Utilities such as hospitals, hotels, offices, and data centers are expected to boost market growth.

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High investment required to refurbish or replace the existing power infrastructure is expected to be a major restraint of the market during the forecast period. Furthermore, the high cost of maintenance is anticipated to hamper the electric power distribution automated system market.

The global electric power distribution automated system market can be segmented based on implementation, application, and geography. In terms of implementation, the market can be segmented into substation automation, feeder automation, and consumer side automation. The substation automation segment is estimated to hold major share of the market in the near future owing to the large-scale usage in energy and power utilities which help them reduce distribution and transmission losses. In terms of application, the market can be divided into industrial, commercial, and residential. The industrial segment is projected to account for larger share of the market during the forecast period owing to the increase in need of installing electric power distribution automated systems across the industrial sector.

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Hotel Property Management Software Market-The need for SaaS-based hotel property management software

Hotel property management system (PMS) is defined as a platform that enables the group or a particular hotel to manage front-office tasks, such as room assignment, guest check-in/check-out, booking reservations, managing billing, and room rates. In addition to helping the hoteliers run their business more efficiently and effectively, hotel PMS software can also assist hotel employees to gain insights regarding guest preferences and behavior and enhance the quality of the customer experience. They are computerized systems that help the hotel staff with the management of properties, equipment handling, including legalities and maintenance through a single centralized software. They have replaced outdated, extensive paper-based processes that tend to be both inefficient and cumbersome. These systems are usually deployed as client/server configurations.

The need for SaaS-based hotel property management software is expected to drive the growth prospects of the global hotel management software market during the next few years. One of the other major factors driving the demand for SaaS-based hotel property management software is its cost-effectiveness as the maintenance and installation of these solutions does not entail any extra cost. Moreover, many small sized motels and hotels are increasingly adopting SaaS-based hotel property management software to enhance their customer experience. Various small to mid-sized hotels are focusing on increasing the revenue by monitoring their company expenses. Hoteliers are focusing on implementing solutions and strategies prominently to maintain and enhance operational efficiencies and improve customer engagement. Hotel property management software helps them develop the business processes and ensure consumer retention.

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The hotel property management software market has been segmented on the basis of component, end user, and region. The component segment is further bifurcated into software and services. Software segment is segmented into on-premise, cloud based, and hybrid sub – segments. Services segment is further bifurcated into consulting, system integration, and operation & maintenance services. Currently, on-premise segment is estimated to hold the major share of the software segment followed by the cloud based segment. On the basis of end-user, the hotel property management software market is segmented into small size hotels, medium size hotel, large hotels, mega hotels, chain hotels and others. Presently, the market is estimated to be dominated by large and medium sized hotels due to their rising investments and rapid adoption of advanced technology.

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Friday 7 September 2018

Cloud Orchestration Market-The Demand Of Active Health Monitoring System Is Expected To Rise

Enterprise cloud adoption is increasing at a higher pace, as the services continue to gain foothold in the enterprise applications owing to rising number of connected devices. The devices are connected to the cloud for managing and maintaining discrete services to perform end-to-end business operations. Therefore, the enterprises are increasingly adopting orchestration strategy for managing new cloud offerings which are built around business outcomes.

High initial investments and lack of technical expertise among small and medium enterprises is anticipated to restrict the industry growth over the forecast timeframe. The compatibility issues pertaining to operational consistency with the existing application software are some of the challenges faced by the industry competitors in the global market. Rising demand for streamlining business processes and growing number of enterprises optimizing the benefits of the orchestration is expected to supplement the overall industry growth from 2017 to 2025.

The cloud orchestration market can be segmented by solution type into managed support, configuration portable service and others. Large enterprises, medium and small enterprises categorize the industry by end-use. By deployment, the industry can be classified into public, private and hybrid. By application, the cloud orchestration industry can be segmented into education & government, banking, financial, services & insurance, manufacturing, healthcare, retail & commerce, media and entertainment.

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Growing importance of analytics and reporting services is creating a need for improved operational efficiency, enhanced decision making for gaining a competitive advantage. Moreover, internal business processes have high demand supporting the cloud orchestration market growth. Various benefits such as reduction in time spent on manual tasks, enhanced accuracy, and heavy work load management are attracting cloud orchestration services for increased business opportunities.

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Active Health Monitoring In Automobile Market -The Demand Of Active Health Monitoring System Is Expected To Rise

Growth in the technologies such as smart sensor network, nanotechnology, advance communication network and distributed computing has led to the development of various integrated devices, one such device is active health monitoring system. The system is integrated with the vehicle that helps in safe driving. Driver’s health and state of mind is very important factor for safe driving. Any kind of physical factor such as drowsiness, distraction, drunkenness can lead to severe road accidents. The decline in driver’s health is another major factors that might lead to road accidents. Some disease such as type II diabetes, cardiovascular disease, mild cognitive impairment (MCI) and Alzheimer’s disease that are largely associated with aging  might also lead to accidents among older drivers. In all such critical cases active health monitoring system play a vital role in reducing unfortunate occurrence of events on road

The active health motoring system has an embedded biometric feedback sensors with electrodes that are placed near the driver’s seat, seatbelt or the steering wheel to analyze the health. It basically tests the heart rate, blood pressure, breathing rate, body moisture, body pressure, body temperature, and even cabin temperature in some specific cases. Further, this device also gives notification to the driver by displaying a warning message, or activating useful system such as driver alert, speed limiter among others

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More than a few number of car accidents are caused due to pre-exiting medical condition of the driver or some sudden medical emergencies such as heart attack or stroke. However, with the help of active health monitoring system such accident can be prevented. Moreover, when these system will be paired or combined with semi-autonomous cars, it can efficiently mitigate major accidents
The Active Health Monitoring system in Automobile is currently at a nascent stage. There are number of manufacturers that are continuously involved in advancement and further development the system. However, the market has a significant potential to grow in the coming year. With growing concern over frequent accident cases and the strong need for safety on roads, the demand of active health monitoring system is expected to rise. The market has opened multiple avenues for automotive OEMs to enter into a partnership or collaborate with technology companies or healthcare technology provider to further improve the Active Health Monitoring System. Consumer healthcare manufacturer might also explore the use cases in Active Health Monitoring System in Automobile Market

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VR Gaming Market-Rising Awareness About The Benefit Of VR Technology

Global Virtual Reality Gaming Market: Snapshot
Virtual reality (VR) gaming involves a user to experience a three-dimensional environment and interact with that environment during a game. It is the application of a three-dimensional artificial environment to computer games that has become reality using bio-sensing technology. Virtual reality environments are created using VR software and are presented to the user in a manner that they supersede real environments. It makes gamers to develop disbelief over real environments and make them believe the VR environment to be real.

In the simplest form, a VR game may involve a 3D image that can be looked into interactively on a computing device with the help of a mouse, manipulating keys, or touch screen. The add-ons to provide a more immersive virtual gaming experience involves virtual reality headsets, wrap-around display screens, and virtual reality rooms equipped with wearable computers and sensory components.

One of the crucial features of VR is incredible potential for interaction and communication. It involves interacting with characters that are both virtual and artificial, blurring distances and geography.

However, the technology is still in its nascent stage with apparent limitations. This is related to disconnect and lack of natural interaction at the time of putting on the headset. The first big threshold of visual and auditory aspects have been achieved, however, the interaction aspect requires a bunch of work.

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With the advancement of technology, virtual reality gaming has reached the next level. The VR headsets that are currently used offer a great experience with little nausea or lag, two areas that needed corrections on account of historical data.
Virtual reality (VR) helps users to experience a three dimensional environment in such a way that it becomes difficult for them to distinguish between real and virtual objects. Bio sensing technology is involved with the VR gaming tools and with it users can visualize 3D environment. In this gaming process, players can interact with the 3D environment.

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AR in Education Market-Augmented Reality Or Virtual Reality Is Facilitating The Growth Of Computing Power

Augmented reality or virtual reality is facilitating the growth of computing power. This technology can integrate new and trending algorithms of Big Data, Artificial intelligence, and wearable devices, among others. Conglomeration of augmented reality with virtual reality is expected to drive the growth of next generation computing and work as an instinctive edge for Internet of Things (IoT). The adoption of AR in education is likely to gain momentum due to the inclusion of advanced forms of technology in the process of education. Rise in emphasis on collaborative and experimental learning is likely to drive the growth prospects of AR in the education market over the forecast period. Introduction of AR in education through various applications and interactive textbooks is likely to facilitate student oriented learning. Experimental learning is a crucial way to obtain new and innovative skills as it involves learning on the basis of conceptualization, observation, and testing situations. With the rise in trend of AR technology, there has been an impact on the physical environment resulting in improvement of learning experience for students. AR learning experience in educational content comprises audio, video and games, among others which have changed the perspective of education. AR in education helps in addressing queries through natural content and choose subjects as per need of students. The rise in trend of IoT technology is likely to impact the growth of AR in education, paving the way for more opportunity in the near future.

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The AR in education market is segmented by product type and end-users. On the basis of product type, the AR in education market is segregated into AR hardware and AR content. AR content held the dominant share of the AR in education market in 2016 and is likely to hold the major market share over the forecast period. AR content overlays 3D images and text over real time environment that is expected to transform the methods of teaching. The textbooks are effective as they contain interactive elements that help to address the problems of students. AR gaming and AR video games coupled with AR applications and interactive textbooks are primarily driven by rise in demand from faculty and students in institutions. By end-user, the AR in education market is segregated into higher education and K-12. Rise in government expenditure for education is likely to influence the growth of this segment in the coming years. Increase in the use of AR in healthcare, aerospace, and automotive is expected to drive the growth of this market.

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Multi Cloud Storage Market-The Heavy Adoption Of Emerging Cloud Based Platform-As-A- Service (paas) By Several Enterprises

Multi Cloud Storage Market: Introduction

Multi cloud storage is adopted by most of the enterprises in order to use numerous cloud environment to satisfy the business requirement. An enterprise application might have multiple clouds such as private cloud, public cloud and hybrid cloud including managed service providers. Multi cloud storage can be used by web providers, enterprises, and other businesses in order to minimize the risk of data loss and also it helps to improve the quality of service. Multi cloud storage offers several functions for storing and retrieving data and they are widely used as a shared storage solution for distributed applications.
The multi cloud storage helps organizations to adopt changing IT environment to minimize cost and to reduce the need to hardware and appliances.

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Multi Cloud Storage Market: Drivers and Challenges

The heavy adoption of emerging cloud based platform-as-a- service (Paas) by several enterprises is one of the major factor driving the multi cloud storage market. Multi cloud storage provides easy access to end users working on the different platform. The implementation of multiple cloud services is increasing as it helps to reduce dependency on a single vendor. The multi cloud application management storage platform helps the organization to improve its overall performance by means of different infrastructure services to fulfill the computing needs of its users.
Integration issues of multi cloud storage is one of the major restraint faced by the multi cloud storage market.

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Virtual Keyboard Market- Key Players are Mount Focus Information Systems, Rokusek, and TouchType Ltd

A virtual keyboard can be defined as a device or technology that employs computer software for on screen keyboard or keyboard projected with the help of LASER or LED light on a non-reflecting surface. A keyboard is projected on a surface and the key-press is detected with the help of optical detectors. Moreover, advanced technologies such as on screen keyboard uses resistive or capacitive touch screen to detect the key-press.
Amongst the two technologies used in the virtual keyboards, the projected type of virtual keyboard uses a wireless module connected to a phone or PDA through Bluetooth or Wi-Fi technology which incorporates a source of light to project the image of the standard keyboard on a non-reflective surface and sensor or detector to detect the motion of fingers. Whenever, a user moves his fingers on the projected image, the detector sends a signal based on the touch to the controller incorporated in the wireless module, thereby detecting a key press. However, the other technology used for virtual keyboard, projects the keyboard on the screen of the computer or a mobile phone. In this technology, the users can use the input devices such as mouse to press the key for typing. With the advances in technology, the on screen virtual keyboards are being used on a larger scale as compared to the projected type of virtual keyboards.

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With the increasing use of touch screen mobile devices and portable computers, the on-screen virtual 
keyboard has become an integral part of these devices. Moreover, the on-screen virtual keyboard are also being used widely on the automated teller machines, manufacturing machines such as CNC machines, advanced automotive dash boards and smart television. As a result of above mentioned factors, the on-screen type of virtual keyboards are expected to contribute for major share of the global virtual keyboard market. The projected type of virtual key boards can be used in many applications to reduce the risk from key-press logging, where the movements of the user’s hand can be used to track the password or any security related information, such situations may arise while using keyboards to input password in banks and ATMs. In the projected type virtual keyboard, the position of keys on the board, keeps on changing periodically. This feature can help keeping the credentials safe from the system malware. As a result of above mentioned features, the projected type virtual keyboards are expected to generate substantial demand from the government and defense segment of the virtual keyboard market.

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Volumetric Displays Market -The Increasing Demand For 3D Displays

A volumetric display is a graphic display device that generates a visual representation of an object in three physical dimensions, as deviating to the planar image of customary screens that fuels depth through various visual effects. Volumetric displays generate 3D imagery through the scattering, emission, or relaying of illumination from well-defined regions in (x, y, z) space. These displays normally have a 360 degree field of view, and a user does not need to wear head-trackers or shutter glasses to view an image which is one of the benefits of volumetric displays compared to other 3D displays. These volumetric displays are assimilated with different components like motor & position sensors, projectors and mirrors. They do not require ample calculation for data processing. Volumetric displays are likely to be incorporated into future computer systems as a second monitor; 3D monitors are expected to have applications in clinical diagnosis, data visualization, military training, movies and games.

The market is primarily driven by the technologically advanced 3D displays. Mirror-less technologies and LCD are advancing the 3D displays which are thereby driving the volumetric displays market across the world. Key companies and research organizations are spending and investing enormous amounts for the advancement and development of volumetric display technology.

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Another important factor driving the global volumetric displays market is the increasing demand for 3D displays. This is due to the demand for this display in numerous sectors like medical, entertainment, gaming, and defense. Increasing need for advanced medical imaging devices is also one of the important factors responsible for the growth of the market. One such example is the advanced diagnostic imaging device that helps patients to detect diseases at an early stage and allows healthcare practitioners to direct patients to the needed healthcare services.

Besides numerous driving indicators, there are certain factors likely to hinder the growth of the volumetric displays market during the forecast period. Advanced electronic components and software is one of the important factors setting back the growth of the market. With advancement in technology, sometimes the required advanced electronic components are unavailable or not invented which is likely to create challenges during the manufacturing of the displays.

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Hyperscale Data Center Market-Rapid Penetration Of Hyperscale Data Centers In Manufacturing And Healthcare Sector

Hyperscale data centers are modified data centers which are customized for the particular requirement of an organization. Hyperscale data is a cost-effective technology that can easily blend in with the existing infrastructure and protect & store the integrity of corporate data. The increased adoption of grid computing environments has led to a rise in the demand for computing, networking, and storage resources. The growing popularity of cloud-based infrastructure across various organizational levels is predicted to boost the need for hyperscale data centers over the forecast period. Owing to developments of technology, there has been a significant transition of the business models for various end-user industries. Global cloud-based service providers such as Microsoft Corporation, Amazon, and Google Inc are likely to establish hyperscale data centers over the forecast period. Web service companies are employing these centers to transcode and process videos, which, along with the exponential growth of data, is projected to drive the hyperscale data center market over the next few years. Rise in big data content along with increasing demand for higher energy efficiency is expected to gain traction for the growth of hyperscale data center market. Rapid penetration of hyperscale data centers in manufacturing and healthcare sector is likely to fuel the growth of this market. This data is used in various applications such as social media, e-commerce, big data, and cloud computing. The development of a cloud infrastructure is estimated to create additional scope for hyperscale data centers over the forecast period.

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The market is segregated by component into the solutions and services categories. Solutions have been further sub-segmented into the following divisions: storage, networking, and software & services including installation & deployment, maintenance & support, and consulting. Storage solutions are expected to register significant growth over the forecast period owing to their effective and cost-efficient aspects which help scale IT infrastructure. Maintenance & support is anticipated to hold a considerable share in the hyperscale data center market due to the onsite & offsite services offered which include resale, recycling, device repair, and device wiping.

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Automated Fingerprint Identification System Market-Growing Trend Of Increasing Use Of Digital Database Management Systems

Automated fingerprint identification system is used to obtain, secure, and analyze fingerprints. Traditionally, this system has been utilized primarily in law enforcement units. The system is employed largely to detect criminals. Automated fingerprint identification system is used to match fingerprints of a suspect with the database. This procedure is helpful in analyzing a criminal case. However, of late, the usage of this system has been increasing in various commercial entities owing to the rising emphasis on security.

Automated fingerprint identification system is used for biometric identification, which is further used for authentication purposes. Demand for online transactions has been increasing with the advent of Internet. This raises the need for automated fingerprint identification system. Automated fingerprint identification system solution and mobile payment solution is expected to propel the automated fingerprint identification system market during the forecast period. Demand for integrated automated fingerprint identification system has been increasing owing to the rise in cyber threats at national and international level. This, in turn, is anticipated to boost the market during the forecast period. However, this system suffers from performance deficiency. It provides inaccurate fingerprints due to mechanical and other types of faults. This is estimated to hamper the market during the forecast period. Threat of intrusion of privacy is expected to create hindrances towards the growth of the market over the forecast period. Large number of substitutes such as face recognition system are available in the market. Growing demand for alternative biometric system is projected to adversely affect the automated fingerprint identification system market during the forecast period.

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Increasing trend of digitization and transformation from manual process to digital process are fueling the automated fingerprint identification system market. Growing trend of increasing use of digital database management systems is expected to create further growth opportunities and fuel the growth of the market during the forecast period.

Based on hardware component, the automated fingerprint identification system market can be segmented into displays, fingerprint input modules, microcontrollers, and others. The fingerprint input modules segment is expected to acquire a major portion of the market during the forecast period. The segment is expected to retain its dominance during the forecast period. Fingerprint input modules are capable of scanning the entire palm. This also offers the facility to scan a single finger. Demand for fingerprint input modules is likely to rise significantly during the forecast period due to its ease of application.

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