At a CAGR of 13.7% Digital Insurance Platform Market Will Surpass $164.13 billion by 2023

According to market research report “Digital Insurance Platform Market by Component (Tools and Services), End-Users (Insurance Companies, Third-Party Administrators and Brokers, and Aggregators), Insurance Application, Deployment Type, Organization Size, and Region – Global Forecast to 2023″, The digital insurance platform market size is expected to grow from USD 86.20 billion in 2018 to USD 164.13 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period.

The significant increase in the use of smart devices and internet services, growth in the adoption of cloud-based solutions, and rise in the technological limitations of traditional systems are the factors driving the demand for implementing digital insurance platforms.

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The aggregators segment is expected to account for the largest market size during the forecast period.

The aggregators segment is expected to account for the largest market size in the digital insurance platform market during the forecast period. Over the past few years, aggregators have shifted the traditional insurance system to the new innovative digital insurance system, which offers consumers a centralized platform for analyzing and comparing different insurance products from various insurers. With the increasing internet and mobile penetration across the globe, along with the insurance industry embracing the digital insurance technology, aggregators are expected to prove as the important stakeholders in the insurance industry ecosystem.

The large enterprises segment is expected to account for the larger market share during the forecast period.

Organizations with more than 1,000 employees have been categorized as large enterprises. The use of the digital insurance platform in large enterprises is relatively higher as compared to that of Small and Medium-sized Enterprises (SMEs). This higher usage is due to the affordability and high economies of scale, which enables large organizations to benefit from the digital insurance platform. Large enterprises have left no stone unturned to compete in today’s cut-throat competitive market. In large enterprises, a huge volume of data is generated every year that needs to be effectively managed and governed to comply with the government regulations. Moreover, the need of a robust omnichannel distribution channel and the provision of quick and comprehensive services to customers are driving the adoption of the digital insurance platform.

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North America is expected to account for the largest market size during the forecast period.

North America is expected to be the largest contributor to the digital insurance platform market in terms of regional revenue. This region comprises developed countries such as the US and Canada. North America is open to the adoption of new and emerging technologies, and its strong financial position enables it to invest majorly in the leading tools and technologies for effective business operations. North America is projected to be in the leading position over the next few years, due to the increasing usage and the early adoption of digital technologies and cloud-based platforms across different industry verticals, such as telecom and Information Technology (IT), Banking, Financial Services, and Insurance (BFSI), healthcare, manufacturing, and retail and eCommerce. Hence, organizations in North America have a competitive edge over the other organizations from various regions.

The major vendors in the digital insurance platform market include Accenture (Ireland), TCS (India), IBM (US), DXC (US), SAP (Germany), Oracle (US), Microsoft (US), Infosys (India), Pegasystems (US), Appian (US), Cognizant (US), Mindtree (India), Prima Solutions (France), Fineos (Ireland), Bolt Solutions (US), Majesco (US), EIS Group (US), Cogitate Technology Solutions (US), Inzura (UK), Duck Creek (US), RGI Group (Italy), StoneRiver (US), Vertafore (US), iPipeline (US), and eBaoTech (China).

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Identity as a Service Market Overview and Industry Trends, Scope, Opportunities, Forecast to 2024

According to a market research report “Identity as a Service Market by Component (Provisioning, Single Sign-On, and Advanced Authentication), Deployment Type, Organization Size, Vertical (BFSI, Telecom and IT, Healthcare, and Public Sector), and Region – Global Forecast to 2024″, published by MarketsandMarkets, the IDaaS market size is expected to grow from USD 2.5 billion in 2019 to USD 6.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period.

The growing demand for cloud-based security solutions and services, and obligations to follow regulatory mandates and data protection laws are some of the major drivers of this market.

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By deployment type, the hybrid cloud segment to grow at the highest CAGR during the forecast period

Several benefits offered to enterprises to lead the hybrid cloud in gaining huge traction. The major factors that are expected to drive the growth of the hybrid cloud segment include the growing demand for organizations for agile, scalable, and cost-efficient computing; rising need of standards for interoperability between cloud services and existing systems; increasing demand to avoid vendor lock-in; and growing number of digital services and their applications.

By vertical, the public sector segment to grow at the highest rate during the forecast period

Cyber attackers always target government agencies to gain access to confidential government data. Governments in the emerging economies are deploying web and mobile applications to serve their citizens efficiently. Owing to this, the public sector and government organizations can handle data and consumer identities of a critical nature more efficiently. These applications are becoming the prime targets for the cybercriminals to access sensitive data. Identity frauds in the government/public sector vertical include misappropriation of assets, identity thefts, bribery and corruption, accounting frauds, data thefts, and money laundering. The incidents of identity thefts to access confidential government data are increased, which is resulting in the rise in the adoption of IDaaS solutions in government agencies.

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North America to lead the IDaaS market during the forecast period

Based on the region, North America is expected to lead the IDaaS market during the forecast period. It is the largest market for cybersecurity due to the rising incidents of data breaches and security threats. Moreover, the region is home to key IDaaS solution providers, such as Okta, Idaptive, Ping Identity, and OneLogin. The increasing number of cyberattacks to access confidential consumer data; the changing needs of the workforce; and adoption of cloud applications, bring your own device (BYOD), and mobile practices; along with the need to meet stringent compliance regulations, are driving the organizations in North America to adopt IDaaS solutions. As the awareness for IDaaS is increasing, various firms are putting efforts to discuss and develop ideas for better IDaaS solutions. North America constitutes developed economies, such as the US and Canada.

Major vendors covered in the Identity as a Service Market include Okta, Inc. (US), IDaptive, LLC (US), Ping Identity (US), OneLogin (US), CA Technologies (US), SailPoint Technologies (US), Microsoft Corporation (US), Oracle Corporation (US), IBM Corporation (US), Google (US), Salesforce (US), HCL (India), Capgemini (France), Gemalto (Netherlands), Simeio Solutions (US), Jumio (US), Connectis (Netherlands), Auth0 (US), One Identity (US), and JumpCloud (US).

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At a CAGR of 42.6% Cognitive Services Market will surpass $5.28 Billion by 2023 from $2.59 Billion in 2018

According to new market research report “Cognitive Services Market by Technology, Service Type, Deployment Mode, Application, End-User, Vertical (BFSI, Healthcare, Retail, IT and Telecommunication, Government and Education, Manufacturing), and Region – Global Forecast to 2023″, MarketsandMarkets expects the global cognitive services market to grow from USD 2.59 Billion in 2018 to USD 15.28 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 42.6% during the forecast period.

Cognitive services offer a systematic way to attain business objectives by reducing the efforts required to work on repetitive tasks. Also, various Application Programming Interfaces (APIs), including vision, speech, text, and search capabilities, play a crucial role in the process of automation and data analysis. The growing data is becoming crucial and organizations are majorly focusing on the integration of cognitive capabilities with their applications to analyze their data. Therefore, the need to align core work with business objectives and growth in data volumes are expected to drive the growth of the cognitive services market.

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The consulting and advisory service type is expected to grow at a higher CAGR during the forecast period

In the cognitive services market, consulting and advisory services are rapidly growing to leverage the benefits offered by the cognitive technology without deploying complete solution and infrastructure. As the small enterprises have budget constraints and are primarily focused on reducing infrastructure cost, they face challenges while deploying a complete cognitive solution. They also face similar issues while employing developers and cognitive technology experts to perform the data analysis. The consulting and advisory services can help these enterprises understand the best-fit cognitive service that can help them meet their requirements.

The cloud deployment type is expected to have the larger market size during the forecast period

On the basis of deployment type, the cognitive services market is segmented into cloud and on-premises. Cognitive services solutions deployed on the cloud are flexible and easily accessible for enterprises. Instead of installing the required software, the solution and its benefits can be leveraged remotely by enterprises on a pay-per-use model. Cognitive service providers are focusing on the development of robust cloud-based solutions for their users, as many organizations have started adopting the cloud model.

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APAC is expected to grow at the highest CAGR during the forecast period

In the Asia Pacific (APAC) region, global as well as domestic enterprises are investing in the enterprise Artificial Intelligence (AI) technology. The APAC region shows potential to grow in the cognitive services market. Enterprises in the APAC region are using cognitive services to generate insights from large volumes of data to enhance business processes. The growth in the APAC region is attributed to the growing investment in cognitive technologies across the region.

The cognitive services market report encompasses the competitive landscape and company profiles of the key vendors based on their product offerings and business strategies. The major cognitive service vendors include IBM (US), Microsoft (US), AWS (US), Google (US), TCS (India), Baidu (China), Apple (US), Nuance Communications (US), Qualcomm Technologies (US), and SAS Institute (US).

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Incident Response Market will grow $33.76 billion by 2023

According to new market research report “Incident Response Market by Component (Solution and Services), Service (Retainer, Assessment and Response, and Planning and Development), Security Type, Organization Size, Deployment Mode, Vertical and Region – Global Forecast to 2023″, The incident response market is expected to grow from USD 13.38 billion in 2018 to USD 33.76 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 20.3% during the forecast period.

The major factors driving the incident response market include heavy financial losses post incident occurrence, rise in security breaches targeting enterprises, and need to adhere to compliance requirements.

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The assessment and response segment is estimated to hold the largest market size in the incident response market in 2018

The assessment and response segment is expected to dominate the incident response market in terms of its contribution to the overall market shares, as organizations are deploying assessment and response services to detect and respond against advanced cyber-attacks. It implements a stronger security infrastructure through readiness and response capabilities and evaluate organization’s preparedness to prevent or tackle a cyber-attack.

Cloud deployment segment is expected to grow at a higher CAGR in the global incident response market during the forecast period

Incident response solutions can be deployed on-premises as well as on cloud as per the requirements of businesses. The cloud deployment segment is expected to grow at a higher CAGR in the global incident response market during the forecast period. The cloud deployment mode is preferred for its features, such as improved and enhanced security, lower setup costs, easy accessibility, quicker deployment, high scalability, customizable offerings, more storage space, and ease of maintenance.

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North America is expected to hold the largest market size in the incident response market during the forecast period

North America is estimated to account for the largest share of the overall market in 2018. The region is considered as the most advanced in technology adoption and infrastructure. The wide presence of key industry players of incident response solutions is the main driving factor for the incident response market in North America. The largest market size in the North America region is being driven by the early adoption, high level of IT capabilities, and higher IT investments capabilities. APAC is expected to grow at the highest rate as the high traction is expected across countries in APAC.

Major incident respose vendors include IBM (US), Symantec (US), Verizon (US), BAE Systems (UK), NTT Security (Germany), Trustwave (US), Cisco Systems (US), Check Point Software Technologies (Israel), FireEye (US), Rapid7 (US), Dell (US), CrowdStrike (US), McAfee (US), Optiv (US), Resolve Systems (US), Kudelski Security (Switzerland), Swimlane (US), LogRhythm (US), Carbon Black (US), RiskIQ (US), Accenture (Ireland), AlienVault (US), Kaspersky Lab (Russia), Paladion Networks (India), and Coalfire (US).

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5G Services Market Overview, Growth, Scope, Size, Industry Trends, Research Methodology by 2025

According to new market research report on “5G Services Market by Vertical (Smart Cities, Connected Vehicles, Connected Factories, Smart Buildings, Smart Utilities, Connected Healthcare, and Broadband Services), Application (eMBB, MMTC and URLLC, and FWA), and Region – Global Forecast to 2025″, The 5G services market is expected to grow from USD 53.93 billion in 2020 to USD 123.27 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 18% during the forecast period.

The rising demand for reliable and ultra-low latency connectivity services and growing trends in machine to machine communication are expected factors to have enabled the 5G services market to witness tremendous adoption.

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116 – Pages

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The connected vehicles vertical grow at the fastest growth rate during the forecast period

The connected vehicles vertical is expected to grow at the highest CAGR during the forecast period, owing to the advent of autonomous vehicles. Autonomous vehicles are still in the Research and Development (R&D) phase; however, they would be available for use in the near future. The telecom and automotive players formed a 5G Automotive Association to develop, test, and promote communication solutions. The objective of the 5G Automotive Association is to implement 5G connectivity for the next generation connected cars.

The Fixed Wireless Access (FWA) segment to grow at the highest CAGR during the forecast period

The FWA segment is expected to grow at the highest CAGR during the forecast period. Owing to its remote area coverage and high-speed latent free service offerings, followed by reduced last mile connectivity expenditure, the application would be deployed by a large number of commercial as well as consumer users.

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North America to have the largest market share during the forecast period

North America is expected to hold the largest market share in the 5G services market. Telcos in the US have announced to roll-out 5G services much earlier as compared to that of other countries in a large number of states. Due to the rising adoption of new technologies, such as IoT and smart cities, and increasing need for high-speed internet connectivity, telecom service providers have started trials and tests for 5G services.

The key players in the 5G services market include AT&T (US), Airtel (India), BT Group (UK), China Mobile (China), China Telecom (China),Deutsche Telecom (Germany), du (UAE), Korea Telecom (Korea), Sprint (US), Saudi Telecom Company (Saudi Arabia), SK Telecom (South Korea), Telstra (Australia), Vodafone (UK), and Verizon (US).

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Digital Map Market By Component, Mapping Type, Application, Vertical Forecast to 2024

According to a research report “Digital Map Market by Component, Mapping Type (Outdoor and Indoor), Application (Real-time Location Data Management, Geocoding and Geopositioning, Routing and Navigation, and Asset Tracking), Vertical, and Region – Global Forecast to 2024″, published by MarketsandMarkets, the digital map market size is projected to grow from USD 13.9 billion in 2019 to USD 29.4 billion by 2024, at a CAGR of 16.2% from 2019 to 2024. Major growth drivers for the market include the growing adoption of mobile computing devices for navigation.

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Routing and navigation application to hold a larger market size during the forecast period

The routing and navigation application is one of the widely adopted applications of digital maps. With smart city initiatives, a large number of cities and other governing bodies are promoting wide-scale adoption of digital maps through various integrated platforms, such as ride-sharing, routing updates, traffic conditions, and weather monitoring.

Infrastructure Development and Construction Vertical to Hold the Largest Market Size During the Forecast Period

Digital map solutions play an essential role in the construction and engineering companies, as they support all phases of the infrastructure life cycle. Moreover, these solutions help construction engineers manage and share data, generate reports, and visualize territory data, which can be analyzed and communicated to others.

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North America to hold the largest market size during the forecast period

North America is witnessing advancement in mapping technology and the presence of tech giants, such as Google, Apple, Mapbox, DigitalGlobe, and Magellan, which are the main contributors to the growth of the digital map market in the region. Growing adoption of digital map solutions in various industries, such as automotive, energy and utilities, government and defense, and transportation, to achieve submeter accuracy is contributing to the growth in this region.

Market Players

Major vendors covered in the digital map market include Google (US), TomTom (Netherland), Esri(US), Here (Netherland), Digital Map Products Inc.(US), Nearmap(Australia), Magellan(US), Apple (US), Mapquest (US), Intrix (US)., Yahoo(US), AutoNavi (China), MapWise (France), Jibestream (Canada), Indoor Atlas (Finland),and Mapillary (Sweden).

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Debt Collection Software Market by Component, Organization Size, Deployment Type, User Type, and Region – Global Forecast to 2024

According to a research report “Debt Collection Software Market by Component (Software, Services), Organization Size, Deployment Type, User Type (Financial Institutions, Collection Agencies, Healthcare, Government, Telecom & Utilities), and Region – Global Forecast to 2024″, published by MarketsandMarkets, the global debt collection software market size is expected to grow from USD 2.9 billion in 2019 to USD 4.6 billion by 2024, at a CAGR of 9.6% during the forecast period.

The growing demand for automation in the collection process, rising need for self-service payment models to speed up the collection process, and increasing adopting of cloud-based debt collection software are some of the major factors driving the growth of the market.

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The large enterprises segment is expected to account for the larger market share during the forecast period.

The use of the debt collection in large enterprises is relatively higher as compared to that of small and medium-sized enterprises (SMEs). This higher use is due to the affordability and economies of scale, which enables large organizations to benefit from the debt collection. Large enterprises have left no stone unturned to compete in today’s cut-throat competitive industry. Moreover, the need for multichannel communication to reach debtors and improve the collection process through automation is likely to drive the growth of the debt collection software.

The services segment to grow at a higher CAGR during the forecast period as compared to the solutions segment

Debt collection services have a broad scope of usage, ranging from assistance to the client for the deployment of software, strategy, & implementation, to cater to the business-specific needs of organizations. Debt collection services help businesses bridge legacy systems to modern applications and take care of training and implementation work so that the client can focus on their core business. This has created opportunities for vendors to provide services to different stakeholders of debt collection ecosystem and help them deal with complexities while configuring modern debt collection software.

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North America estimated to lead the debt collection software market during the forecast period

North America is expected to account for the largest share of the debt collection software market in 2019. The region comprises developed countries, such as the US and Canada, and is considered the most advanced region in terms of adopting digital technologies and cloud-based platforms to take hold of the increasing bad debt rates. The North American region exhibits a wide presence of key industry players offering debt collection software and services, and its financial position enables it to invest majorly in leading tools and technologies for effective business operations.

FIS (US), FICO (US), Experian (Ireland), CGI (Canada), TransUnion (US), Pegasystems (US), Temenos (Switzerland), Intellect Design Arena (India), Nucleus Software (India), Chetu (US), AMEYO (India), Loxon Solutions (Hungary), EXUS (UK), Kuhlekt (Australia), and Katabat (US) are some of the leading companies operating in this market.

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System of Insight Market Overview, Industry Trends, Scope, Application, Size, Share 2019-2024

According to a new market research report “System of Insight Market by Component (Solutions and Services), Applications (Customer Analytics, Operations Management, Sales and Marketing Management, Risk and Compliance Management), Deployment Model, Vertical, and Region – Global Forecast to 2024″, published by MarketsandMarkets, the global system of insight market size is expected to grow from USD 1.2 billion in 2019 to USD 3.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 22.2% during the forecast period.

The major factors contributing to the growth of this market include the increasing volume of big data and a growing need for data analytics. Moreover, an increasing adoption of cloud-based solutions provides opportunities in the system of insight market.

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Solutions segment to hold a larger market size during the forecast period

By component, vendors offer solutions and services in the system of insight market. Solutions are developed by various vendors for helping end users to process a large volume of streaming data in real time, thereby enabling enterprises to react to dynamic business requirements and enhance customer experience. The solutions integrate data across all channels, generates insights from analytics, and helps enterprises to make better decisions. The solutions segment is estimated to hold the largest market size, driven by increasing in the adoption of real-time analytical solutions.

Banking, Financial Services, and Insurance to hold the largest market size during the forecast period

The BFSI vertical has gained traction in the system of insight market, owning to early adoption of system of insight solutions for the financial applications. The system of insight solutions have a wide range of applications in the BFSI vertical. Some of the applications used in this vertical are algorithmic trading, electronic transaction monitoring, and dynamic pre-trade analytics. Moreover, the system of insight solutions and services are widely used to enhance customer relationships.

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North America to hold the largest market size during the forecast period

North America is the major revenue generating region in the global system of insight market. The region is witnessing major developments in the analytical space. Most of the system of insight solutions providers present in North America are involved in product innovations and deployment of the system of insight solutions. They are adopting various growth strategies to strengthen their position in the system of insight market.

Major vendors in the global system of insight market include IBM (US), Oracle (US), SAS Institute (US), SAP (Germany), TIBCO Software (US), GoodData (US), Plutora (US), NGDATA (Belgium), CoolaData (US), Striim (US), Signals Analytics (US), Streamlio (US), INETCO (Canada), Correleta (US), and Radicalbit (Italy).

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Influencer Marketing Platform Market Objective, Scope, Segmentation, Industry Trends by 2024

According to a market research report “Influencer Marketing Platform Market by Component, Application (Search and Discovery, Campaign Management, Influencer Relationship Management, and Analytics and Reporting), Organization Size, End User, and Region – Global Forecast to 2024″, published by MarketsandMarkets,is expected to grow from USD 5.5 billion in 2019 to USD 22.3 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 32.4% during the forecast period.

The key factors driving the influencer marketing platform market include customers’ shift toward video-based content across over-the-top space and rising adoption of ad-blocking software to enhance the need for new marketing technique.

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Search and discovery application segment to hold the largest market size during the forecast period

With the rising adoption of social media and increasing ad-blocking activities, marketing strategies have gone through a tremendous transformation. Therefore, marketers are moving towards influencer marketing platform to find potential influencers that can promote their brand, enhance brand exposure, and create a higher level of customer engagements. Search & discovery tool provides complete information of every influencer including, personal, geographic, and professional details, interest areas, and several followers across different media channels. Therefore, the growth of this application would continue to grow during the forecast period.

Fashion and lifestyle end user to hold the largest market size during the forecast period

The influencer marketing platform market by end-users covers major end users: fashion & lifestyle, agencies & PR, retail & consumer goods, health & wellness, ad-tech, banking & financial institutes, travel & tourism, and others. The fashion & lifestyle end-user is estimated to account for the largest size in the influencer marketing platform market in 2019. Increasing deployment of cloud-based influencer marketing platform has enabled fashion and lifestyle SMEs to gain a competitive advantage over the big players.

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Asia Pacific (APAC) to grow at the highest CAGR during the forecast period

North America is expected to account for the largest market size in the influencer marketing platform market by region during the forecast period. The region houses many key vendors, such as HYPR, Upfluence, IZEA, and Traackr. APAC is expected to grow at the highest CAGR during the forecast period with increasing budgets for marketing strategies. An increasing social media adoption among Asian countries has provided the platform for the retailers to promote their product through digital marketing technique such as influencer marketing, and content marketing. This is expected to drive the adoption of influencer marketing platform market in the APAC region.

The influencer marketing platform market comprises major solution providers, such as IZEA (US), HYPR (US), Traackr (US), InfluencerDB (Germany), Launchmetrics (US), Julius (US), Klear (US), Upfluence (US), AspireIQ (US), Mavrck (US), Onalytica (UK), Lumanu (US), Lefty (France), Linqia (US), and Social Beat (India). The study includes the in-depth competitive analysis of the key players in the influencer marketing platform market with their company profiles, recent developments, and key market strategies.

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Correspondence Management System market will be projected to grow $3.5 billion by 2023

According to market research report on “Correspondence Management System Market by Component, Delivery Channel (Email, Web, and SMS/MMS), Application (Mailroom Automation, Engineering Document Control), Deployment Model, Organization Size, Industry Vertical, and Region – Global Forecast to 2023″, published by MarketsandMarkets™, the Global Correspondence Management System Market size is expected to grow from USD 1.9 billion in 2018 to USD 3.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period.

The key factors driving the Correspondence Management System Market include increasing need for automating and personalizing communication systems and timely and secured internal and external communications.

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Government and Public Sector industry vertical to grow at the second highest CAGR during the forecast period

The government and public sector industry vertical cover all the government organizations and agencies. The responsibilities of these organizations are to interact with tax collection, safety, public interest, education, and others. These communications are conducted through various correspondences, such as letters, emails, fax, bills, invoice, agreements, and contracts. Most of the organizations pertaining to government and public sector lose hundreds of daily interactions. Moreover, they fail to follow up important communications. Hence, government and public organizations are moving toward effective correspondence management system to streamline the complete lifecycle of correspondences

Mailroom automation application to hold the largest market share and highest CAGR during the forecast period

With the advent of cloud-based technologies and increasing digitalization, organizations are increasingly adopting mailroom automation to automate their internal and external business communication processes. The mailroom automation helps organizations classify their incoming correspondences as per their category, content and appearance, and send them to the respective department or the person. An organization receives thousands of correspondences and needs to conduct internal and external communications. Thus, it is very difficult for any organization to keep track of all the correspondences and respond to them. Moreover, the manual mail sorting process is very time-consuming and expensive to implement. Therefore, many organizations are using mailroom automation to manage their correspondences.

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Software component to account for the largest market size during the forecast period

The software segment is growing at a significant rate, due to the increasing demand for correspondence management, document management, digital asset management, and eDiscovery by enterprises to achieve strategic advantage and streamline their internal and external communications. Most of the enterprises are considering that customer communication data plays a crucial role in acquiring new customers and sustaining existing ones. All these factors are expected to propel the adoption of correspondence management system software. The deployment of various correspondence management solutions is vital in sourcing, monitoring, and managing communications, and extracting intelligible strategic business insights from the internal and external communication data generated by enterprises.

North America to hold the largest market size during the forecast period

The global Correspondence Management System Market by region covers 5 major regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. North America constitutes the highest market share, owing to the early adoption of advanced technology solutions as well as prominent initiatives taken by industry players through partnerships with various technology players. The US and Canada are witnessing increased adoption among government and public sector.

Major global vendors of Correspondence Management System Market are IBM (US), Microsoft (US), Adobe (US), OpenText (Canada), Pitney Bowes (US), Rosslyn Analytics (England), MicroPact (US), Fabasoft (Austria), NewGen (India), Everteam (France), Xerox (US), Palaxo (UAE), Top Down Systems (US), IT-Blocks (Egypt), and CATEC (UAE).

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