Intracity travel distance has been increased by rapid urbanization and expansion of metropolitans. The high vehicle costs and the rising traffic problems have produced the advent of shared transport. On-demand mobility services offer easy access to shared or personal transportation vehicles at affordable prices.
The Internet of Things refers to the network of physical objects that attribute an IP address for Internet connectivity. Internet of Things is defined as an invisible and intelligent network of things that communicate indirectly or directly with each other. Internets of Things enable communication between the physical objects and other internet-enabled systems and devices.
The IP video surveillance & VSaaS market is expected to leverage high potential for the commercial and infrastructure industry verticals in 2026. The current business scenario is witnessing an increase in the demand for surveillance systems, particularly in the developing regions such as China, India, and others, due to rise in government mandates related to public safety and security.
The use of IoT is anticipated to create a favorable scope for the IoT professional services market 2020. The information & communication technology industry reports are produced by Market Research Future, which highlights market options for expansion. A CAGR of 19% is expected to motivate the market to $53.61 billion by 2024.
Chemical logistics include various services that aid in transporting raw materials and final products pertaining to the chemical industry to numerous consumer centers and companies. These services aid in closely monitoring procurement while planning and implementing various supply chain-related activities.
Travel restrictions imposed during the coronavirus outbreak has changed how the ICT industry operates on a significant scale. The pandemic has resulted in suspension of major business decisions in the sector. In addition, a number of projects have either been delayed or cancelled. Consequently, the demand for indium gallium arsenide is likely to dip in the near term. On the other hand, the demand for InGaAs is likely to be disrupted only till the end of 2020. The global indium gallium arsenide market has been projected to grow at an impressive 8.5% CAGR throughout the assessment period between 2020 and 2030.
Rapid technological advances are creating new opportunities for digitization across the healthcare sector. Implementation of the Internet of Things ( IoT) in the healthcare sector has led to the generation of substantial volumes of patient data across the organization and is expected to grow significantly. The global health cloud market 2020 can expect a substantial growth by the end of the review period at a high CAGR. The market can also scale the projected valuation during the forecast period.
Today businesses are facing the threat of network attacks that can access their confidential data and misuse them. This can go heavy on the pockets of the organization. Cybersecurity is not a concern limited to only the business giants but also small and medium scale enterprises. IoT application development company has to take into account this as a priority during any system design. To understand these concerns and avoid them, the 10 topmost security issues faced by businesses are:
Cunsumer Identity and Access Management is a subset of the larger concept of Identity Access Management (IAM) and is focused specifically on managing the identity, access and security of software applications. A single CIAM system though will management or access to multiple applications, however they are doing not have confidence the class-conscious directory structure of of Identity Access Management solutions.
The Global Event Stream Processing Market 2020 had raked in considerable revenues of $612.7 Million in 2018 and can touch a valuation of $1.66 Billion by 2023, estimate the experts at Market Research Future (MRFR). MRFR also projects the market to advance at a rate of 22.1% over the forecast period (2018 to 2013).
The need for new sales channels is projected to boost the Internet of Things (IOT) in Warehouse Management Market 2020. The information & communication technology industry reports are produced by Market Research Future, which concentrates on market choices for expansion. A of 21.21% CAGR is estimated to shape the market in the upcoming period.
Digital disruption is the new normal. Organizations of all sizes in all industries are embracing digital technologies to meet the needs of a changing workplace and customer base. Mobility, the internet of things (IoT), cloud computing, big data, social media and digital transformation are prime catalysts for this new era. Taken together, they deliver a message that is clear and powerful: There is no more business as usual these days.
As with any profound transformation, the opportunities for competitive advantage and growth are enormous, but so are the challenges. How do you determine what your next digital transformation steps should be? How do you position your manufacturing business to take the next step—and the one after that?
Read some of our most popular articles on issues faced in Canada’s tech sector by IT decision makers, such as how to get the most out of the internet of things, and how to tailor your IT operating model to fit in the digital age. We explore how Canada’s tech sector is targeting Europe and what CIOs can expect from the country’s industry.
The Internet of Things (IoT) offers many opportunities and a new world of data management and security challenges for organizations. First, IoT changes the breadth of what we connect regarding the type of devices. These devices could be as simple as a sensor or as complex as a supercomputer.
Significant cost savings, unparalleled customer insight, minimal infrastructure requirements, and numerous other factors have made the Internet of Things (IoT) the next great paradigm shift. But technology advances do not necessarily translate into profits, as the dot com era clearly demonstrated.
Forrester’s research uncovered a market in which Zuora, goTransverse, and Aria Systems lead; BillingPlatform, Apttus, SAP Hybris, and Digital River follow close behind; and Oracle and Vindicia offer competitive solutions for specific needs. This market is growing because more digital business professionals see this software as a way to manage innovative business models and solve acute billing pain points with increasingly empowered customers.
A purpose-built, cloud-based commerce platform is essential to maintaining a competitive eCommerce presence. Once you’ve reached the limitations of your current solution, it’s time to graduate to an updated system capable of growing with your business. Choosing a new eCommerce platform is a significant investment in your future requiring careful allocation of time and resources.
The rise of 4G data and use of the ubiquitous smartphones has facilitated the health care industry providing it with a more dedicated and low-cost platform to deliver more efficient medical services faster.
If you consider the US healthcare market, there is a constant shortage of primary care physicians and specialists, especially in the rural areas. As far the other countries, they experience extreme shortage for decades for specialists. However, such a per capita gap is sure to narrow over time when health care services are provided to them in their homes.
The global Automotive Software Market is expected to witness ~20% CAGR during the period, 2018 to 2023. The integration of software has percolated in various domains of society over the years. Software integration in automobiles is a relatively new trend, although it is gaining momentum steadily with consumers demanding software integration to ease or simplify the functioning of their automobiles. The prestige quotient of automobiles has induced increased spending on the purchase of automobiles, with consumers going as far as procuring financing options to buy them.
According to the new market research report on “Agriculture IoT Market by Offering (Hardware, Software, & Services), Application (Precision Farming, Precision Forestry, Livestock Monitoring, Fish Farm Monitoring and Smart Greenhouse), Application, and Geography – Global Forecast to 2024″, agriculture IoT market expected to grow from $12.7 billion in 2019 to $20.9 billion by 2024, at a CAGR of 10.4% from 2019 to 2024.
The agriculture IOT market is expected to grow from $12.7 billion in 2019 to $20.9 billion by 2024, at a CAGR of 10.4% from 2019 to 2024. A few key factors driving the growth of this market are increasing adoption of Internet of Things (IoT) and Artificial Intelligence (AI) technology by farmers and growers, focus on livestock monitoring and disease detection to improve farming efficiency, and rising demand for agricultural production owing to increasing population.
Another new amendment to the Wi-Fi standard! Every new generation of Wi-Fi brings an opportunity to pause and consider the transformational changes that will be affecting us in the coming years. Today, Wi-Fi networks already experience bandwidth-intensive media content and multiple Wi-Fi devices per user. Moving forward, networks will face a continued dramatic increase in the number of devices, a tripling of the total global IP traffic, and a diverse range of new technologies that will all heavily rely on Wi-Fi.
The internet of things (IoT) continues to stand as a huge opportunity for a wide range of players across the telecom and technology spectrum. The notion of connecting monitors, machines and other objects to a network, thus granting them some level of intelligence, could well revolutionize industry sectors ranging from agriculture to manufacturing.
Internet of things (IoT) is combination of information technology (IT) with operational technology (OP) connected via virtual intelligence and interface used in various sectors to send, control, and receive data with/without human intervention. The technology simplifies human efforts and reduces need for manual interference. IoT is an interconnected system of mechanical systems, computing devices, and digital technology, devices, and human beings.
The global Automotive Parking Sensors Market is expected to witness 7.5% CAGR during the period, 2018 to 2023. Automotive Parking Sensors Market Research Report: Information by Type (Reverse sensors, front sensors), Technology (Ultrasonic, Electromagnetic, Infrared, Laser), Sales Channel (OEM, Aftermarket), Vehicle Type (Passenger Car, LCV, HCV) and Region with Global Forecast till 2023.
Stadiums are a major focal point of any city and attract millions of visitors every year. As such, stadium and fans security cannot be taken lightly, especially as these security threats can come in many forms could cause a major catastrophe that can result in the loss of many lives and millions in property damages. In order to ensure the safety of the spectators and enhanced spectator experience, the security of the stadium is a vital element.
According to the new market research report “Network Engineering Services Market by Service Type (Network Assessment, Network Design, and Network Deployment), Transmission Mode (Wired and Wireless), Vertical (BFSI, Telecom, IT, Healthcare), Organization Size, and Region – Global Forecast to 2022″, the network engineering services market size is expected to grow from $34.35 billion in 2017 to $54.69 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period.
The IoT monetization solutions provide efficient operational and economic solutions to the organization on the back of their ability to monitor, analyze and manage revenue generating operations in a cost effective manner. The IoT monetization market is anticipated to witness significant opportunities and is estimated to grow at a CAGR of around 54% over the forecast period i.e. 2019-2027. This growth can be attributed to increase in high speed internet connectivity, along with rise in the adoption of connected devices around the globe.
The global lighting as a service market is projected to grow at a CAGR of 46.3% from 2016 to 2021, to reach a market size of $638.7 million by 2021. The global market is witnessing significant growth on account of the increase in demand for energy efficient lighting systems, and government policies supporting adoption of energy efficient lighting systems over traditional lighting. Increasing convergence of Internet of Things (IoT) with lighting is also expected to drive the demand for the lighting as a service market across the globe.
According to a new market research report “Digital Transformation Market by Technology (Cloud Computing, Big Data & Analytics, Mobility/Social Media, Cybersecurity, Artificial Intelligence), Deployment type, Business Function, Vertical (Retail, Education), and Region – Global Forecast to 2023″, published by MarketsandMarkets™, the Digital Transformation Market size is expected to grow from $290 billion in 2018 to $665 billion by 2023, at a CAGR of 18.1% during the forecast period.
The Geographic Information System market is majorly driven by infrastructural developments such as smart cities, water and land management, utility, and urban planning. Advancements in Geographic Information System technologies, such as geo-analytics and integrated location-based data services, are also boosting the adoption of Geographic Information System in various regional markets, thereby driving the market demand over the forecast period.
Mobile telecom industry has witnessed significant growth rate in last decade and it is expected to grow consistently over different generations of network communications. Starting from ‘0G’ mobile telecom service (MTS) to current long term evolution (LTE) 4G, the mobile telecommunication has turned as necessity to everyone. The second generation (2G) mobile telecommunication gave a major boost to the mobile telecom industry as it surprised consumers with internet browsing offering on mobile phones along with clear voice calling facilities.
With doors opened to increased data protection for enterprises of all sizes, the global Disaster Recovery-as-a-Service or DR in the cloud market is projected to lie in the high revenue-high growth quadrant, through 2018-2028, as per a recent analysis by Future Market Insights (FMI). High revenue growth of the global Disaster Recovery-as-a-Service market can be attributed to varying bandwidth, pricing, and scalability solutions being offered to small and medium businesses (SMBs) and smaller enterprises.
According to a recent market report published by Future Market Insights titled, “Shunt Reactor Market: Global Industry Trend Analysis and Opportunity Assessment, 2016–2026” the global shunt reactor market was valued at $2 billion in 2015, and is expected to register a CAGR of 8.6% from 2016 to 2026. Emergence of micro grids and interconnection of local and regional grids are the major factors expected to drive the growth of the global market for shunt reactor.
The growing adoption of IoT across the industry is fueling the demand for IoT testing equipment market. Testing the overall behavior of IoT devices is one of the important parameters for device lifecycle and to ensure the proper functionality of IoT devices. IoT testing equipment monitors and performs various test to ensure the proper functioning of IoT devices.
In this report, Research Report Insights (RRI) delivers key insights on the global smart labels market in its published report, titled “Smart labels Market by 2026” In terms of revenue, The segment is expected to create incremental opportunity of more than $ 10 billion from 2016 to 2026. In terms of volume, the RFID segment is expected to register a CAGR of 17.1% over the projected period, owing to numerous factors, about which RRI offers thorough insights and forecasts in this report.
A quantum sensor could evaluate the outcome of the quantum state of a different system on itself. The simple act of amount determines the quantum state as well as changes the uncertainty and probability related to its condition throughout the measurement. The aspects influencing the global market for quantum sensors are increasing varying manufacturing landscape along with industrial automation, rising implementation of Internet of Things (IoT) technology, growing concentration on touch screen usage, increasing number of sensors for each vehicle, imitative semiconductor parts and long regulatory sanction procedures.