Press Releases from PS Market Research (163 total)
Cost Efficiency and Value Enhancement Offered by Service Integration and Managem …
Service integration and management market is expected to reach $57.6 billion by 2023, The major factors responsible for the high growth of the market are cost reduction and value enhancement, and service quality enhancement leading to process efficiency. Improvement in service quality leads to smoother flow of end-to-end processes, which include maintaining coordination between the customer organization and service providers and enabling the customer organization to easily switch between the…
Increase in Smartphone Penetration and Advancement in Internet Connectivity are …
Global augmented reality and virtual reality market is expected to reach $94.4 billion by 2023. Increase in smartphone penetration, and advancement in internet connectivity and computer technology are the major factors driving the growth of the market.
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On the basis of device type, the augmented reality and virtual reality market is categorized into AR devices and VR devices. Of the two, VR devices recorded larger share…
Major Growth Drivers for Global Encryption Software Market is the Increased Data …
Software-based encryption uses software to encrypt and decrypt data-at-rest as well as data-in-transit. By rendering the unreadable data for unauthorized people, encryption software ensures the security and safety of the confidential data stored in files, folders or disks. Under the encryption process, plain text is converted into a coded message or cipher texts, thus restricting their access only to the authorized parties. The data travelling over wireless networks can be…
Need to Reduce Operational Cost is One of the Major Growth Drivers for Global Ma …
The expansion of cellular networks, terrestrial networks, satellite and coverage, and IP revolution in several regions has improved significantly. Ship owners, crew, managers, and officers need cost-effective communications that are easy to maintain, simple to operate, and function seamlessly around the world. Maritime VSAT facilitate real time internet broadband connectivity on a moving ship in sea for the convenience of these people.
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The maritime VSAT market…
Development of Navigation and Communication Satellites for the Offshore Defense …
The nanosatellite and microsatellite market has witnessed a considerable growth in the recent past. The market is mainly driven by factors such as introduction of CubeSat standard by the U.S. based National Aeronautical Space Administration (NASA), advancement in microelectronics technology, the increase in satellite launch manifesting capacity at global level, government initiatives, and rising commercial applications of satellite services. In 2014, nearly two third of the total satellite launched…
Growing Demand of Real-Time Location System in Security and Surveillance is Driv …
The global real-time location system (RTLS) market is progressing more dynamically, as compared to its conventional counterparts, such as radio-frequency identification (RFID). This is due to the widespread acceptance of technologies, such as global positioning system (GPS) and Wi-Fi. The growing demand of real-time location system, in security and surveillance, and inventory management sectors, is driving the expansion of the RLTS market. The improving accuracy, increasing government expenditure on defense…
Identity and Access Management (IAM) Market Is Mainly Driven By Declining Number …
The identity and access management (IAM) market is mainly driven by the declining number of services required for operation of an IAM development (via- cloud IAM). This is due to the fact that it is very difficult for small and medium sized enterprises to afford conventional cost structure. The small and medium sized enterprises across the globe are expected to invest in identity and access management projects in the near…
Evolution of Next-Generation Cyber Security Solutions and Integrated Security So …
The increasing market of mobile and web platform, evolution of next-generation cyber security solutions, and need of integrated security solutions are some of the growth opportunities, which contribute towards the global IT security spending market in the forecast period.
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Information technology (IT) security is used to safeguard data and information of multi-user or single user networks. It protects information and data from unofficial access and fraudulent…
Rise of the Software Enabled Business is the Major Factors of Growing to the Ent …
The enterprise governance, risk and compliance market is growing at a considerable rate due to the increasing global operational efficiency and reduced costs, growing business partnerships and associations; and government regulations and compliance mandates. Rise of the software enabled business and higher investments to manage compliance are some of the factors providing ample growth opportunities to the enterprise governance, risk and compliance market in the coming years.
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Faster Recovery of Data, Greater Flexibility and Cost Effectiveness are the Majo …
Faster recovery of data, greater flexibility and cost effectiveness are the major drivers for the global disaster recovery as a service market. Some of the other factors driving the global disaster as a recovery market are low cost, virtualization, high level of automation, easy deployment, recovery and secure storage and backup and 24x7accessibility.
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In case of any disaster resulting in interruption of services, disaster recovery as…
Global Big Data Market Growing Rapidly Due to Demand of Advanced Analytics and D …
The global big data market is mainly driven, by increasing market of consumer, and machine data. The increasing detail and volume of information captured by enterprises, the upsurge of multimedia, social media, and the internet of things, is expected to fuel the growth of the big data market, in the near future. Some of the other drivers fuelling the growth of the big data market, are new applications leveraging big…
Social Integration and Game Studios, Working as Mobile Publishers are the Major …
The global gaming market has been persuaded by the evolving number of users, who choose gaming for entertainment. Now-a-days, users not only consume entertainment, but also actively participate in it. The global gaming market presents a more extensive and diverse mix of opportunities and challenges than ever before, which varies from competitive gaming to cosplay, and modding to streaming. Users look for the exciting world of interactive entertainment, at an…
Global OSS/BSS Market Is Growing with a Considerable Rate Due To the Growth of t …
The operation support systems (OSS)/business support systems (BSS) market is growing with a considerable rate due to the growth of the telecommunications industry, rising approvals of convergent billing systems, and increasing requirement for customer care services. Rollout of next generation operation support service framework is providing ample opportunities to the OSS/BSS market to grow in the coming years.
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North America leads the OSS/BSS market, but it…
Global In-Building Wireless Market Growth Driving Due to desire for Continuous C …
Wireless technology allows the users to access network resources from any location, inside their networking environment. The electromagnetic waves within wireless technology convey information in the form of signal, through a communication network. The users that are connected to a wireless system can maintain constant connection with their desired network. The in-building wireless technology is a combination of services, networks, and products that are installed for unified and consistent indoor…
Global Wi-Fi Test Equipment Market Expected to Flourish in the Near Future Due t …
With network service providers integrating policies for offloading mobile data traffic to wi-fi service networks, the need for wi-fi test equipment is increasing. The increased adoption of smart devices and need for mobile data offloading are some of the growth drivers for the global Wi-Fi test equipment market. In order to switch their data traffic to wi-fi, the mobile operators require latest monitoring and wi-fi test equipment solutions to confirm…
North America is Expected to Be the Largest Data Center Rack Server-Market
The rapid technological changes taking place globally, are increasingly adopting data centre rack server approach to move beyond the concept of tower servers for data centres. Significant importance has been gained by data centre rack server solutions among organizations in past few years due to highly scalability, reliability and easy migration from traditional technologies. Data Center Rack Server-is a dedicated computer to be used as a server, which gets deployed…
Digital Signature Market Growing due to Government Drive to Replace Paperwork wi …
Global Digital Signature market is expected to reach $2.9 billion by 2023, growing at a CAGR of 24.1% between 2017-2023. A significant growth in demand for digital signature is anticipated due to increasing use of digital signatures to reduce deception, growing government focus towards eliminating paperless work coupled with growing adoption of digital signature-based biometrics in various end use industries, across the globe. The large market for cloud-based deployment is…
Growing Need to Save Consumer’s Time from Standing in Long Queues Expected to …
Self-checkout machines provide an automated mechanism for processing the purchases made by buyers in the retail stores.The retail automation (self-checkout) system ensures that consumers enjoy shopping in retail stores, on account of provision of hassle-free transactions and shorter lines owing to faster throughput. The system is sold as an integrated software, hardware, and service package. The system holds the ability to process thousands of transactions in the most demanding retail…
Asia-Pacific is the fastest growing Software Defined Data Center (SDDC) Market d …
The global software defined data center market is driven by technological advancement in data centers. Several types of software are involved in squeezing greater performance out of particular hardware, and all such software are expected to contribute to the global software-defined data centre market.
The major purpose of SDDC is to support enterprise legacy, modernize applications and provide improved efficiencies, control, agility and flexibility. Software defined data center can also be…
North America holds Largest Market Share Globally of Micro Irrigation System Mar …
The growing need of water conservation and high crop yield for global food security has fueled the demand of advanced, and economical agricultural technology. Government initiatives and funding for both manufacturers and buyers, economic and social advantages of micro irrigation systems, and rising consumers awareness in emerging countries has heavily contributed to the growth of the global micro irrigation system market in the recent years. However, the market penetration in…
Machine Translation Market is Witnessing Significant Growth as a Result Of the G …
The machine translation market size is projected to reach $195.4 million by 2023, growing at a CAGR of 6.7% during 2017-2023. The market is growing mainly due to the emerging demand for content localization, growing volumes of big data, and growing need for cost-effective and high-speed translation. Machine translation finds application in military & defense, healthcare & life sciences, automotive, travel & hospitality, legal & law firms, banking & finance,…
In Smart Teaching and Learning Market Observed a Major Trend Is Integration of C …
The smart teaching and learning market size is set to reach $819.0 billion by 2022, growing at a CAGR of 23.5% between 2016-2022. The market is driven by factors such as surging use of analytical applications, virtual schools and increasing penetration of cloud-based learning analytics. In terms of product, the smart teaching and learning market is segmented into hardware, software, services and education content. Software has been the largest contributor…
Factors Driving the Growth of Unified Communications Market are Continuous Servi …
The unified communications market is growing at a considerable rate, due to the condense front load capital, increasing enterprise mobility, and mobile workforce, increasing server message block (SMB) demand for unified communications as a service, pay per use criteria, and increased penetration of mobile devices, in the market. Untapped markets and communication on the move are some of the factors providing ample opportunities, to the unified communications market, in the…
Growing Global Demand for Cloud Computing Is Driving the Growth of Global Data C …
The proliferation of structured and unstructured data, and growing global demand for cloud computing is driving the growth of the global data center cooling market. As the need for information storage capacity and higher data processing is increasing, the enterprises are expanding their current data center infrastructure, as well as setting up new data centers.
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Data center cooling refers to the equipments and technologies installed in…
Global Cyber Insurance Market Players Are Currently Enjoying Monopoly in Busines …
Global Cyber insurance market size is projected to cross $16.9 billion by 2023, growing at a CAGR of 23.3% during 2017-2023. Loss of brand reputation from cyber-attacks has been cited as a primary reason by most of the industry leaders for the mainstream adoption of cyber insurance programs in their operations. Since the persistent threat of cyber-crime continues to rise globally, the trend of intrusion of unauthorized access entities into…
Technological Advancements in Geospatial Imagery Analytics Market Is the Key Gro …
Global Geospatial imagery analytics market is expected to reach $14.7 billion by 2023. Technological advancements in in this field and urge among enterprises to increase competitiveness are the major factors driving the growth of the market. On the basis of collection medium, the geospatial imagery analytics market is categorized into geographic information systems (GIS), satellites, unmanned aerial vehicles (UAVs), and others. Of these, the fastest growth during the forecast period…
Hybrid Cloud Market Driving Due to Improved Disaster Recovery Capabilities and I …
Capacity planning is a critical process for an organization to determine IT capacity to address increasing IT resource demand. A cloud-based solution is the best choice to handle the spikes in traffic, as cloud infrastructure is better able to deal with on-demand scalability than most of the traditional IT infrastructures. Hybrid cloud refers to the composition of two or more clouds (private, community or public) that remain individual entities but…
Remote Asset Management Market Expected to Drive Growth by Requirement for Effic …
Remote asset management is an analytical system that enables remote monitoring and maintenance of assets, machines and systems. Remote asset management provides real-time two-way communication between the organization’s asset and central monitoring application, which results in better control and management of the assets. Remote asset management thus provides advantages of cost-effectiveness, efficient and convenient surveillance operations, which further push the organisations towards the adoption of the technology.
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Residential Security Market to witness fastest growth in Asia-Pacific during the …
The study reveals that the global residential security market is estimated to reach $60,765.2 million by 2023. On account of significant advancement in technologies such as Internet of Things (IoT), adoption of cloud based security technologies and rapid increase in demand for advanced security solutions, such as alert systems and wireless locks, the global residential security market is gaining traction. Apart from this, having residential security in place is becoming…
Increase in Demand for Virtual Workforce Is Escalates the Global Robotic Process …
Global robotic process automation market is projected to reach $6,247.1 million by 2023, growing at a CAGR of 33.8% during 2017 – 2023.Due to significant growth in technologies such as artificial intelligence and cognitive learning, adoption of business automation technologies by enterprises has also increased. This has led to rapid increase in demand for virtual workforce to eliminate repetitive human efforts, on the back of which, the global robotic process…
Strong Initiatives from Government to Promote Green Building and Green Cities Ar …
The home automation market is growing at a significant rate, due to increasing demand for energy efficient and green product solutions; introduction of managed home automation services; price competitiveness because of large number of players; and innovation in communication, sensor, analytic, and touch screen technologies. The strong initiatives from government to promote green building and green cities are driving the growth of the home automation market.
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Companies are Launching New Products to Gain a Larger Vertical Farming Market Sh …
Global vertical farming market size is projected to cross $6.3 billion by 2023, growing at a CAGR of 24.2% during 2017-2023. The market is growing mainly due to the increasing adoption of organic foods, rising urban population and growing focus towards environment friendly production of fresh fruits and vegetables. In terms of growth mechanism, the global vertical farming market is categorized into hydroponics, aeroponics and aquaponics. The hydroponics accounted…
Aerial Imagery Market Growth driving due to Advancement in the Camera Technology …
Global aerial imagery market size is projected to reach $3.5 billion by 2023, growing at a CAGR of 13.4% during 2017-2023. The market is growing mainly due to its ability to provide instantaneous view, primarily required for town planning or construction of any water or thermal based project. Improved vantage point, to provide magnified view of large areas from distant angles to see the features of the earth’s surface clearly…
In Commercial Satellite Imaging Market Geospatial Data Acquisition & Mapping is …
Global commercial satellite imaging market size is expected to reach $6.8 billion by 2023, growing at a CAGR of 11.2% between 2017-2023. The market is growing due to the surging adoption of location-based services (LBS) by various end-users, including commercial enterprise, government, defense, civil engineering, forestry & agriculture, insurance and energy. Geospatial data acquisition & mapping has been the largest application segment in the commercial satellite imaging market globally, accounting…
Increasing Adoption of Artificial Intelligence Is a Major Trend in the Cognitive …
Cognitive computing market is set to cross $35.7 billion by 2023, growing at a CAGR of 34.2% between 2017-2023. Due to significant advancements in big data technologies such as analyzing volumes for structured and unstructured data, and data mining techniques, the adoption of cognitive computing in various industries has increased over the past few years. This has further led to increase in incorporation of advanced data analytics technology by business…
Government Sector Accounted For Majority Share in the Geographic Information Sys …
Geographic information system (GIS) market size is expected to reach $17.5 billion by 2023, growing at a CAGR of 10.1% during 2017-2023. The growth of the geographic information system market can be attributed to the implantation of LIDAR technology and increasing availability of spatial data and cloud technology. In terms of application, the GIS technology can be categorized as government, water & wastewater management, Telecommunication, engineering & business services, aerospace…
Top 3 Marketing Solutions hold more than 50% of the Marketing Automation Softwar …
Global marketing automation software market size is expected to reach $6.9 billion by 2023, growing at a CAGR of 8.5% during 2017-2023. A significant growth rate in the market is anticipated due to the growing need for higher and automated customer retention, globally. In addition, increasing need for personalized marketing through e-mails and customer scoring features. The marketing automation software market in terms of solution includes campaign management, E-mail marketing,…
North American IoT Market in Structure Monitoring to Cross $71.9 Billion by 2022
IoT market in structure monitoring is expected to reach $235.3 billion by 2022, growing at a CAGR 24.2% between 2017-2022. The rising need among the government authorities and real estate professionals to assess structure such as hospitals, airports, control centers and fire stations in case of major catastrophic events such as earthquake, volcanoes, is one among the prime growth factors of the global IoT market in structure monitoring. The growing…
Global Food Retail Market- Growth | key Industry Players | Competitive Analysis …
The global food retail industry include various types of food products such as cereals, meat, packed foods, organic food items, breads, vegetables and fruits, seafood, dairy products, including ice creams, milk items and others and various other household food items. The global food retail market incorporate the retail sales of variety of food products, both packaged and unpackaged, along with retail sales of alcoholic beverages and non-alcoholic beverages. Alcoholic beverages…
Global Tyre Pressure Monitoring Systems (TPMS) Market: Technological Advancement …
The global tyre pressure monitoring system (TPMS) market is driven by the technological advancements and increased safety awareness among consumers. The increase in vehicle sales as a result of growth in per capita income of consumers is another factor, which is driving the growth of the global tyre pressure monitoring system industry.
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The automotive safety systems have become more sophisticated, advanced, and efficient. The augmented adoption…
Global Electronic Drums Market Expected Fastest Growth Due to Educational Percus …
The growth in consumer spending levels post economic slowdown in developed regions, along with increasing disposable income in the developing countries, has up surged the market penetration of the electronic musical instruments market, in the past few years. Electronic drum kit is slowly and steadily replacing the conventional drum kit. The price of traditional drum kit has fallen steadily over the years, owing to high penetration of electronic drum market.…
Global Automotive Auto Dimming Mirror Market Expected Substantial Growth in the …
The global automotive auto dimming mirror market is expected to see substantial growth in the coming years due to increasing concerns for passenger safety, rise in production of passenger cars, and increasing demand for luxury features in passenger cars. The increasing number of road accidents across the world is a prime concern for passengers and drivers. To reduce accidents, vehicle manufacturers are integrating different safety features in automotive mirrors. This…
Asia-Pacific Multi Camera System Market Expected to Witness Significant Growth i …
The Asia-Pacific multi camera system market is expected to witness significant growth in coming years owing to rising consumer demand for safety features and technology in automobiles, increasing mandates and regulation in many countries coupled with the growing demand of premium vehicles integrated with advanced driver assistance systems (ADAS).
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On the basis of function, the Asia-Pacific multi camera system market is bifurcated into parking and ADAS.…
Global Facial Care Market Growth by Improved Distribution Networks and the Risin …
The facial care market includes cosmetic products used for caring of face and its features such as skin, lips, and eyelashes, for an attractive youthful appearance. There are numerous facial care products available in the market, such as masks, serums, face washes, cleansing wipes, pore strips, facial creams, toners, skin lightening creams and anti-ageing creams. The market’s end-user application is categorized on the basis of men and women.
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Global Industry Insight: Solar Powered Vehicles Market Development and Demand Fo …
The solar powered vehicles market size is expected to witness a notable growth during the forecast period, majorly driven by increased emphasis by governments of various countries to promote environment-friendly vehicles. Moreover, the declining prices of solar panels and technological advancements in the industry would continue to benefit the solar powered vehicles market during the forecast period.
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On the basis of electric vehicle type, the global…
U.S. Mattress Market Showing Constant Growth in Coming Years Due to Improvement …
The U.S. mattress market will be observing a constant growth in the coming years due to the improvement in mattress products and rising adoption of gel-based memory foam mattress in the country. The innerspring mattress in the U.S. accounted for majority of market in recent years, followed by memory foam.
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Baby boomers, that represents 20% of the U.S. population are the prime consumers for memory foam…
Global Industry Insight: Automotive Front End Module (FEM) Market Size, Share, D …
The growing concerns regarding passenger and driver safety, increasing vehicle production, and growing demand for lightweight front end modules are driving the growth of the global automotive front end module market. The traditional automotive front end module designs consisted of heavy steel carriers.
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According to the European Automobile Manufacturers Association (ACEA), Asia-Pacific produced 90.6 million motor vehicles in 2014, out of which over 72.3 million were…
Global Maple Water Market is Rapidly Growing Due to Increasing Demand for Natura …
The increasing demand for natural and organic products is driving the growth of the global maple water market. Enriched with 46 bioactive nutrients, such water enhances the human immune system, which makes it highly acceptable among consumers. The marketing of such water is an innovative concept, which has been incorporated by few beverage manufacturers globally.
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Maple tress exists as several types of species, most of which…
Global Electric Truck Market by Vehicle Type, Size, Components, by Geography and …
The global electric truck market is expected to observe extensive growth in the coming years because of stringent emission norms and growing government support in the form of subsidies, grants, and tax rebates for electric vehicles. In addition, falling battery pack costs, improving charging infrastructure, and increasing electric vehicle range have fueled the global demand for electric trucks
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On the basis of vehicle type, electric truck…
Global Aquaculture Market Expected High Growth Opportunities in the Future Due t …
Aquaculture involves cultivation of brackish water, marine water, and freshwater organisms such as carps, crustaceans, mollusks and salmon, under organized climatic conditions. It involves the farming of fish and other aquatic species.
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The global aquaculture market is segmented on the basis of culture environment, and product.. On the basis of culture environment, the global aquaculture market can be segmented into freshwater, marine water, and brackish water.…
