At CAGR of 11.8% Remote Infrastructure Management Market will expand $41.27 Billion by 2022

According to market research report “Remote Infrastructure Management Market by Core Service (Database Management, Storage Management, Server Management, Desktop Management, Application Management), Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2022″, The RIM market size is expected to grow from USD 23.65 Billion in 2017 to USD 41.27 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period. The RIM market is growing rapidly, owing to the increasing need for seamless, value-added, and reliable Quality of Service (QoS).

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Storage management is expected to hold the largest market share during the forecast period

Among all core services, the storage management segment is expected to dominate the market in terms of market share and is projected to grow considerably during the forecast period, as the demand for managing servers remotely and monitoring servers for any risk or attack is increasing among enterprises. Securing a server is the major concern for any enterprise, and many enterprises have their servers located at a remote location and function from multiple locations. In this case, enterprises require RIM services to manage their servers, remote server administration, server audit, patch management, updation, and performance monitoring, and to offer proactive timely maintenance for their servers.

Large enterprises segment is expected to have the largest market share

The report segments the global RIM market into organization size that covers large enterprises as well as Small and Medium-sized Businesses (SMBs). The large enterprises across major verticals have a global presence and offices at different locations. These enterprises also have their IT infrastructure scattered across sites and require RIM services to manage their IT infrastructure remotely. Large enterprises have a huge customer base and serve their customers worldwide. To manage their costly infrastructure and to match the complexity of the network, large enterprises outsource services to RIM service providers to assist them in achieving their business goals. The growth of RIM across large enterprises is majorly driven by the need for best-quality seamless services in a centralized manner.

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North America is expected to be the largest revenue generator during the forecast period

The report has been segmented into 5 major regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. North America is expected to be the largest region for the RIM market, followed by Europe. Rapid growth in the digitalization trend and openness for outsourcing services are the major drivers of RIM solutions in North America. The market growth in developing regions can be attributed to technology enhancements.

Major vendors in the RIM market are HCL Technologies Limited (India), Fujitsu (Japan), Tata Consultancy Services Limited (India), Capgemini (France), Sensiple (US), Nityo Infotech (US), Locuz (India), CtrlS Datacenters Ltd (India), Cybage Software Pvt. Ltd. (India), and Cerebra Integrated Technologies Limited (India). These vendors have adopted various types of organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions, to expand their offerings in the RIM market.

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Maritime Satellite Communication Market Analysis, Scope, Overview, Industry Trends, by 2020

According to new market research report on “Maritime Satellite Communication Market by Type (VSAT, MSS), Service (Voice, Video, Data, Tracking & Monitoring), End User (Merchant Shipping, Fishing, Passenger Ship, Leisure Vessels, Offshore, Government, Others) and by Region – Global Forecast to 2020″, The Global Maritime Satellite Communication Market is expected to grow to USD 3.10 Billion by 2020, at a CAGR of 9.0% over the forecast period.

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Escalating need of enriched data communication and expansive application of satellite communication in maritime industry is driving the global maritime satellite communication market. Furthermore, introduction of less expensive technology to attract end users which did not had the potential to use satellite communication earlier.

Europe has emerged as the leading region in terms of adoption and implementation of maritime satellite communication services

Due to availability of cost-effective solutions, rapid adoption and deployment of maritime satellite communication is reported in North America and Asia-Pacific region. On the other hand, Latin America and Middle East & Africa regions are showing comparatively slow adoption. At present, North America has the second-largest share in the overall market, and is expected to dominate the global maritime satellite communication market by the end of 2020. Currently, merchant shipping end-user segment holds the highest market share due to its potential to rapidly adopt technological developments in communication technology

VSAT technology to play a key role in the maritime satellite communication market

The very small aperture terminal (VSAT) technology is estimated to dominate the maritime satellite communication market during the forecast period. At present, VSAT holds more than 61% share of the overall market. The rapid shift from mobile satellite communication (MSS) to VSAT is attributed to bandwidth and cost advantages that VSAT offers to marine users. At present, the penetration of VSAT across Ka-Band is maximum and this trend is expected to continue till 2020. On the other hand, the Ku-Band segment is expected to register the highest CAGR during the forecast period owing to increasing deployment of maritime satellite communication services across Ku-Band. With a share of over 29% in 2015, data communication services are expected to register the highest market share during the forecast period and video communication service segment will register the highest growth due to increasing use of video conferencing and entertainment-based applications.

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Increasing need for enriched data communication drives the market growth of maritime satellite communication market

With the increase in sophistication and need of reliable data communications across remote marine regions, the scope of maritime satellite communication systems has increased. The growing communication needs of ships, vessels, rigs, and navel sector to maintain operational efficiency, on-board security, and employee/passenger welfare has resulted in increasing demand for bandwidth and data communication terminals. Furthermore, maritime satellite communication has increasing applications in maritime assistance, medical assistance, emergency calling, employee welfare, passenger assistance and enhanced maritime security, vehicle telemetry, marine vessel tracking, fleet management, and remote field service.

The major players in the maritime satellite communication market covered in the report include Inmarsat communications, Inc., Iridium communications, Inc., Thuraya Telecommunications Company, Hughes Network System LLC., KVH Industries, Inc., VIASAT, Harris Caprock, Royal Imetech N.V., Globecomm Systems Inc., and VT iDirect, Inc. Some of the other players in the market are Speedcast, Navarino, NSSL Global, MTN, and Network Innovation.

The report provides market trends, overall adoption scenarios, and competitive landscape as well as key drivers, restraints, and opportunities in this market. It aims to estimate the current size and future growth potential of this market across different types, service, end user, and regions. The scope of the report also covers analysis of strategies such as new product launches, mergers & acquisitions, partnerships, agreements, and collaborations among key vendors in the maritime satellite communication market.Contact:
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Content Recommendation Engine Market Dynamics and Industry Trends Forecast to 2022

According to new market research report “Content Recommendation Engine Market by Component (Solution, Service), Filtering Approach, Organization Size, Vertical (E-commerce, Media, Entertainment & Gaming, Retail & Consumer Goods, Hospitality), and Region – Global Forecast to 2022″, The content recommendation engine market is expected to grow from USD 1.16 Billion in 2017 to USD 4.95 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 33.7% from 2017 to 2022.

The market is primarily driven by the increasing focus on enhancing customer experience, need for analyzing large volumes of customer data, and rapid digitalization.

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Based on component, the service segment of the content recommendation engine market is expected to witness the highest growth during the forecast period.

Based on component, the service segment is expected to witness the highest growth during the forecast period. The high growth of the service segment can be attributed to the growing need to simplify the implementation and maintenance of recommendation solution. Complexities in implementing recommendation solution powered by advanced technologies, such as AI and deep learning, are also supporting the growth of the service segment.

Based on organization size, the small and medium enterprises segment of the content recommendation engine market is expected to grow at the highest CAGR during the forecast period.

Based on organization size, the small and medium enterprises segment of the content recommendation engine market is estimated to witness the highest growth during the forecast period, as there is an increase in the deployment of recommendation engine in several small and medium enterprises to grow their online presence and gain a virtual audience.

Based on vertical, the retail & consumer goods segment is expected to grow at the highest CAGR during the forecast period.

Based on vertical, the retail & consumer goods segment of the content recommendation engine market is expected to witness the highest growth due to various benefits offered by customized recommendation engine such as increased customer engagement, customer retention, and high order value to the retail & consumer goods sector. Recommendation engine also helps retail and consumer goods companies to create personalized email campaigns by analyzing user behavior.

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North America is expected to lead the content recommendation engine market in 2017.

North America is estimated to lead the content recommendation engine market in 2017. The growth of the content recommendation engine market can be attributed to continuous technological innovation in the region. The presence of key companies, such as IBM, Amazon Web Services (AWS), Taboola, Outbrain, Revcontent, and Curata in the region is one of the key factors for the growth of the content recommendation engine market.

Some of the major content recommendation engine vendors include Amazon Web Services (US), Boomtrain (US), Certona (US), Curata (US), Cxense (Norway), Dynamic Yield (US), IBM (US), Kibo Commerce (US), Outbrain (US), Revcontent (US), Taboola (US), and ThinkAnalytics (UK).

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Firewall as a Service Market By Service Type, Service Model, Deployment Model, Organization Size

According to new market research report “Firewall as a Service Market by Service Type (Traffic Monitoring and Control, Compliance and Audit Management, and Automation and Orchestration), Service Model, Deployment Model, Organizational Size, Vertical, and Region – Global Forecast to 2022″, The FWaaS market size is expected to grow from USD 0.56 Billion in 2017 to USD 1.70 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 24.9% during the forecast period.

The demand for FWaaS is driven by various factors, such as the increasing need to fortify the enterprise network against unauthorized and unprecedented strikes, centralized policy management and simplified installation of firewalls for distributed enterprise networks, elimination of the upfront investment cost, rapid upgradation of and alteration to firewall protocols, proliferation of Next-Generation Firewalls (NGFWs), and seamless scalability and reduced operational cost.

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The security management service type is estimated to contribute the largest market share in 2017.

Among service types, the security management segment is estimated to have the largest market size in 2017 and is expected to continue its dominance during the forecast period. The major factors driving the growth of this segment include reduced cost of maintaining firewalls, increasing demand for security offerings, instant upgradation of and rectification to firewall protocols, automated compliance gap analysis, and easy deployment of FWaaS.

The hybrid cloud deployment model is expected to grow at the highest CAGR during the forecast period.

The hybrid cloud deployment model is expected to gain the highest traction in the FWaaS market during the forecast period. The hybrid cloud provides more control, reduced risks, cost-efficiency, and better performance. Additionally, it provides an ideal combination of public cloud and private cloud features, such as the versatility and cost-effectiveness of the public cloud, and greater control and security of the private cloud.

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North America is expected to contribute the largest market share, whereas Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period.

North America is expected to have the largest market share and dominate the FWaaS market during the forecast period. The major growth drivers for this region are the increasing need to prevent cyber threats, growing adoption of cloud services, better security compliant offerings by vendors, and need for enhanced control and visibility mechanisms.

The major vendors providing FWaaS solutions and services are Barracuda Networks (US), Cato Networks (Israel), Check Point Software Technologies (Israel), Cisco Systems (US), Forcepoint (US), Fortinet (US), Juniper Networks (US), Palo Alto Networks (US), WatchGuard (US), and Zscaler (US).

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Global Robot Software Market Size by Industry Trends, Region, Robot Type, Software Type

According to a new market research report “Robot Software Market by Software Type (Recognition Software, Data Management & Analysis Software, and Communication Management Software), Robot Type (Industrial and Service Robot), Deployment Model, Vertical, and Region – Global Forecast to 2022″, The robot software market size is expected to grow from USD 1,142.2 Million in 2017 to USD 7,527.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 45.8%.

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The key factor that drives the robot software market is the requirement to mitigate labor costs. Implementing robotics provides an opportunity to improve a business process. Moreover, robots are scalable, thus can be operated throughout the day with full efficiency and offer maximum flexibility to cover peak periods, especially at month-end. Further, the costs associated with hiring an employee are reduced due to replacement of processes by robots. In addition, error rates are reduced, which helps increase customer satisfaction.

Transportation and logistics vertical is expected to grow at the highest CAGR during the forecast period

In terms of verticals, the transportation and logistics vertical is expected to grow at the highest CAGR during the forecast period. The transportation and logistics industry vertical is using robot software to solve problems related to traffic congestion and autonomous cars. Providing increased mobility to immobile people is among the biggest advantages of future self-driving cars. Moreover, ride sharing, lower cost, and per-use option are expected to decrease the number of vehicles on the roads. Self-driving vehicles are expected to pre-calculate routes around traffic jams and roadwork and communicate with nearby cars and traffic lights to optimize throughput and increase safety.

North America is expected to constitute the largest market share; APAC to grow at the highest CAGR during the forecast period

North America is expected to continue dominating the market during the forecast period. This can be attributed to the presence of the developed economies, such as Canada and US, which are emphasizing on innovating the existing solutions. North America contributes a major share in generation of data, thus data security and protection share are in high demand in this region. Furthermore, the early adoption of technologies and penetration of analytics in multiple verticals, such as manufacturing, healthcare, transportation, and logistics, drive the growth of the robot software market in this region. On contrary, Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. Furthermore, rise in expenditures over technology in countries, such as China and India, and the demand for cost-effective advanced data protection solutions and services among Small and Medium-sized Enterprises (SMEs), are expected to drive the market growth during the forecast period.

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The communication management software type is expected to grow at the highest CAGR during the forecast period

The communication management software provides functionalities, which enable organizations to record and track internal and external communications to streamline the communication process. The market for communication management software is expected to grow at the highest CAGR during the forecast period. It helps locate conversational data instantly by automatically organizing and filtering data based on communication type, person responsible, and date. In addition, communication management software helps maintain communications management requirements for ISO 9001, ISO 14001, and OHSAS 18001 standards. Moreover, service robots that are providing functionalities to communicate with people using advanced technologies in areas, such as sensors, networks, cloud, and AI, are gaining traction. The communication management software helps connect robots and provides communication services via natural communication, which is based on the situation and interests of individuals in a variety of business functions, including customer service.

The major vendors offering robot software solutions and service include ABB (Switzerland), AIBrain (US), Brain Corp (US), CloudMinds (US), Energid Technologies (US), Furhat Robotics (Sweden), H2O.ai (US), IBM (US), Liquid Robotics (US), Neurala (US), NVIDIA (US), and Oxbotica (UK). These players have incorporated various strategies to expand their global presence, thus increasing their market shares. The strategic partnerships, mergers and acquisitions, product upgrades, and expansions are some of the major strategies embraced by these players.

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Case Management Market Overview, Global Industry Size, Scope, Methodology Forecast 2022

According to new market research report “Case Management Market by Component (Solution and Services), Service (Professional Services and Managed Services), Business Function, Deployment Mode (Cloud and On-premises), Organization Size, Vertical, and Region – Global Forecast to 2022″, The case management market is expected to grow from USD 4.79 Billion in 2017 to USD 7.62 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period.

The major forces driving the case management market growth are the ongoing trend of digitalization in the IT industry and increasing demand for software automation and innovative applications.

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North America is expected to contribute to the largest market share, whereas Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period.

North America is expected to have the largest market share and dominate the case management market during the forecast period, due to the high number of early technology adopters in this region. Specific budget allocations and mandated case management policies are expected to make North America the most lucrative region for the growth of case management vendors. The increasing demand for case management solutions in major verticals, such as government; Banking, Financial Services, and Insurance (BFSI); and retail, is expected to be a major factor supporting the overall growth of the case management market in the region. The market in APAC is expected to grow at the highest CAGR during the forecast period. The main reason for this high growth is the widespread adoption of case management solutions in both Small and Medium-sized Enterprises (SMEs) and large enterprises to simplify their business processes.

The retail vertical is expected to grow at the highest CAGR in the case management market during the forecast period.

The retail vertical is expected to witness the fastest growth rate, as the vertical has increased its spending in Customer Relationship Management (CRM) to manage customers’ needs, thereby helping enterprises in the vertical increase the efficiency of their business processes. IT has become an essential part of every retail business and has streamlined customer-centric processes in the retail vertical. Companies are trying to improve their competitive edge, exceed customer expectations, and increase revenues.

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The solution segment is estimated to have the larger market share in the case management market in 2017.

The demand for case management solutions is increasing in organizations, irrespective of the organization size. The deployment of case management solutions varies according to the different needs of the end-users. The large enterprises segment is estimated to dominate the market with the larger market size, as large organizations in industries, such as banking and government, have various complex business processes.

The major case management vendors include Pegasystems (US), Appian (US), IBM (US), Newgen Software (India), DST Systems (US), Dell Technologies (US), AINS (US), Pulpstream (US), and Kofax (US).

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At 26% CAGR Micro Mobile Data Center Market Will Expand $8.5 Billion by 2022 From 2017

According to a research report “Micro Mobile Data Center Market by Application (Instant DC and Retrofit, High-Density Networks, Remote Office, Mobile Computing), Rack Unit (Up To 25 RU, 25–40 RU, above 40 RU), Organization Size, Industry, and Region – Global Forecast to 2022″, published by MarketsandMarkets, MarketsandMarkets expects the micro mobile data center market size to grow from USD 2.7 billion in 2017 to USD 8.5 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.0% during the forecast period.

The growing demand for secure data center infrastructures has fueled the high adoption of micro mobile data center solutions. Micro mobile data center solutions can be easily deployed at the network edge to reduce latency. This has further fueled the demand for these solutions among data center users.

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The instant DC and retrofit application to have the largest market size during the forecast period

Among applications, the instant DC and retrofit segment is expected to have the largest market size during the forecast period. Data center retrofits are cost-effective alternatives that typically cost between 25% and 40% of the total cost required for building new data centers. These retrofits help expand data center capacity as and when required at a minimal cost. These benefits of retrofits are expected to fuel the growth of the micro mobile data center market during the forecast period.

The 25–40 RU segment to grow at the highest CAGR during the forecast period

Among rack units, the 25–40 RU segment is expected to witness the highest CAGR during the forecast period. Micro mobile data center benefits, such as portability and ease of use, have contributed to the growth of this segment. Moreover, micro mobile data center solutions are being adopted increasingly due to their remote monitoring and management capabilities.

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North America to dominate the micro mobile data center market in terms of market size during the forecast period

North America is expected to have the largest market size during the forecast period, owing to the increasing number of companies in the region deploying micro mobile data centers to expand the capacity of their pre-existing data center infrastructure. The region has the highest number of cloud service providers and a large number of pre-existing data center facilities. This is expected to increase investments in the technological development of existing infrastructure, thereby contributing to the growth in the deployment of micro mobile data centers in the region.

Some of the major technology vendors in the micro mobile data center market include Schneider Electric (France), Huawei (China), HPE (US), Eaton (Ireland), Panduit (US), Zellabox (Australia), Hitachi (Japan), Vertiv (US), IBM (US), and Rittal (Germany).

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At CAGR of 84.5% Blockchain Government Market amplify $3,458.8 Million Forecast to 2023

According to new market research report “Blockchain Government Market by Provider (Application Providers, Middleware Providers, and Infrastructure Providers), Application (Asset Registry, Identity Management, Payments, Smart Contracts, Voting, and Others), and Region – Global Forecast to 2023″, The blockchain government market is expected to grow from USD 162.0 Million in 2018 to USD 3,458.8 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 84.5% during the forecast period.

The major factors driving the blockchain government market include need to provide protection against data tampering, upswing in the usage of blockchain technology to create transparent and decentralized government, and increase in efficiency and speed in public sector transactions.

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The application providers segment is expected to grow at the highest CAGR in the global blockchain government market during the forecast period

The blockchain government market has been segmented on the basis of providers into 3 categories: application providers, middleware providers, and infrastructure provider. These providers offer infrastructure to develop in the blockchain-based platforms. Among these types, application providers is the fastest growing segment in the overall blockchain government market. The introduction of technologically advanced blockchain solutions has witnessed a certain level of adoption in government agencies thereby fueling the overall market growth.

North America is expected to hold the largest market size in the blockchain government 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 blockchain technology solutions in this region is the main driving factor for the blockchain government market. Governments in this region are moving toward the adoption of the blockchain technology. US governments have recognized the blockchain technology’s potential for the delivery of public services, and started adopting this technology to develop business applications. Moreover, the Canada Federal government is exploring the blockchain technology to boost the innovation economy.

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The smart contracts segment is estimated to hold the largest market size in the blockchain government market in 2018

The smart contracts segment is expected to dominate the blockchain government market in terms of its contribution to the overall market shares, as government agencies are deploying blockchain-based smart contracts to reduce the costs of verification, execution, arbitration, and fraud prevention. The blockchain technology overcomes the existing limitations of smart contracts in terms of privacy, scalability, auditability, confidentiality, and performance.

Major blockchain technology vendors include IBM (US), SAP (Germany), Microsoft (US), Oracle (US), Deloitte (US), AWS (US), Infosys (India), Bitfury (the Netherlands), Auxesis Group (India), Cegeka (the Netherlands), Factom (US), BTL (Canada), SpinSys (US), OTC Exchange Network (US), ModulTrade (UK), Blocko (South Korea), Symbiont (US), brainbot technologies (Germany), Guardtime (Estonia), BigchainDB (Germany), Somish (India), RecordsKeeper (Spain), Intel (US), Accenture (Ireland), and Blockchain Foundary (Singapore).

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Blockchain Supply Chain Market Trends, Opportunities, Forecast, Scope, Analysis by 2023

According to new market research report on “Blockchain Supply Chain Market by Application (Payment & Settlement, Counterfeit Detection, Smart Contracts, Risk & Compliance Management, and Product Traceability), Provider, Vertical, and Region – Global Forecast to 2023″, The blockchain supply chain market size is expected to grow from USD 145.0 million in 2018 to USD 3,314.6 million by 2023, at a Compound Annual Growth Rate (CAGR) of 87.0% during the forecast period.

An increasing need for supply chain transparency and rising demand for enhanced security of supply chain transactions are expected to drive the market during the forecast period.

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The smart contract application segment is projected to grow at the highest CAGR during the forecast period

Blockchain is finding increased application to automate contract execution in the supply chain management, eliminating the need for intermediaries. This has facilitated manufacturers, suppliers, and customers to build a trusted relationship and streamline complex supply chain operations. The application of smart contract is expected surge with the availability of enterprise-ready solutions to overcome the existing limitations of contracts in terms of privacy, scalability, auditability, confidentiality, and performance.

The application and solution providers segment is expected to grow at the highest CAGR in the global blockchain supply chain market during the forecast period

By provider, the blockchain supply chain market is segmented into application and solutions providers, middleware providers, and infrastructure and protocols providers. These providers offer infrastructure to develop the blockchain-based platforms. Among these, application and solutions providers segment is expected to witness the fastest growth owing to the introduction of technologically advanced blockchain solutions for streamlining the supply chain management practices.

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North America is expected to hold the largest market size in the supply chain blockchain market during the forecast period

North America is expected to hold the largest market size in 2018. The region is considered the most advanced in terms of technology adoption and infrastructure. The wide presence of key industry players of blockchain technology solutions in this region is the main driving factor for the blockchain supply chain market. The companies from various verticals, such as retail and consumer goods, manufacturing, healthcare and logistics, are major customers to the vendors in the market. APAC, on the other hand, is expected to record growth at the highest CAGR during the forecast period with ongoing developments in the major APAC countries, such as China, India, Singapore, and Japan.

The major blockchain technology vendors include IBM (US), Microsoft (US), Oracle (US), SAP SE (Germany), AWS (US), Huawei (China), Bitfury (Netherlands), Auxesis Group (India), TIBCO Software (US), BTL Group (Canada), Applied Blockchain (UK), Guardtime (Estonia), Nodalblock (Spain), Peer Ledger (Canada), Blockverify (UK), TransChain (France), RecordsKeeper (Spain), Datex Corporation (US), Ownest (France), Omnichain (US), Traceparency (France), Digital Treasury Corporation (China), Chainvine (UK), VeChain (China), Algorythmix (India), and OpenXcell (US).

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Neural Network Software Market Research Report Forecast to 2021 | MarketsandMarkets

According to new market research report “Neural Network Software Market by Type (Data Mining and Archiving, Analytical Software, Optimization Software, and Visualization Software), Vertical, and Region – Global Forecast to 2021″, The global neural network software market to expand from USD 7.17 Billion in 2016 to USD 22.55 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 33.2%.

The neural network software market is growing rapidly owing to the increasing need for data archiving tools in order to organize the data generated from varied end use sectors.

Browse and in-depth TOC on “Neural Network Software Market”

72 – Tables

47 – Figures

149 – Pages

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North America is expected to be the most lucrative market in 2016

The studies observe encompasses regional market analysis for North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America at the side of some of the principal nations within the specific areas. North America is expected to maintain the biggest share of the neural network software market in 2016, observed by Europe.

The rapid tendencies in infrastructure and higher adoption of digital technologies are the two foremost drivers that boom the demand for the neural network software market. Furthermore, the U.S.Is the maximum technologically advanced place with the presence of different enterprise verticals such as BFSI, healthcare, retail & eCommerce, strength & utilities, and plenty of others.

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BFSI sector is expected to hold the largest market share

The neural network software cease customers are segmented into BFSI, government & defense, electricity & utilities, media, healthcare, commercial manufacturing, retail & eCommerce, transportation & logistics, telecom & IT, and others. The BFSI sector holds the big scale software areas for neural network generation, which consist of inventory market analysis, foreign exchange perdition, and other such sports, thereby maintaining the most important market share amongst other end-use verticals studied for the marketplace analysis.

Analytical tool is expected to dominate the neural network software market in terms of software type

The studies study for global neural network software market encompasses the evaluation of the market on the premise of software program sorts, that’s in addition segmented into data mining and archiving, analytical software, visualization software, and optimization software. The deployment of analytical software program is particularly driven by means of the growing call for for information predictive solutions across various stop-use sectors specifically in Banking, Financial Services, and Insurance (BFSI), healthcare, energy & utilities, and media.

The prominent players in the artificial neural network ecosystem are Google Inc. (California, U.S.), IBM Corporation (New York, U.S.), Microsoft Corporation (Washington DC, U.S.), Intel Corporation (California, U.S.), Oracle Corporation (California, U.S.), SAP SE (Waldorf, Germany), and Qualcomm Technologies Inc. (California, U.S.). The key innovators concentrating mainly on neural network software include Alyuda Research LLC (California, U.S.), Neural Technologies Ltd. (England, U.K.), Ward Systems Group Inc. (Maryland U.S.), Afiniti (Washington DC, U.S.), GMDH LLC (New York, U.S.), Starmind International AG (Küsnacht, Switzerland), Neuralware (Pennsylvania, U.S.), Slagkryssaren AB (Stockholm, Sweden), AND Corporation (Ontario, Canada), and Swiftkey (London, U.K.).

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