By 2024 Global Smart Building Market will reach $105.8 billion, at a CAGR of 11.7%

According to a market research report “Smart Building Market by Component (Solution,Services), Solution (Security, Emergency Management Energy Management), Services, Building Type (Commercial, Industrial), Region (North America, Europe, APAC, MEA, Latin America) – Global Forecast to 2024″, published by MarketsandMarkets, The Smart Building market size is expected to grow from USD 60.7 billion in 2019 to USD 105.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period.

The major drivers for the Smart building include Rising adoption of IoT-enabled building management system, raising awareness of space utilization increased industry standards and regulations.

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North America to lead the Smart building market during the forecast period.

The growth of the market in North America can be attributed to the region has witnessed the emergence of latest smart building solutions that leverage new technologies, such as IoT, big data, cloud computing, data analytics, deep learning, and artificial intelligence, for saving energy, reducing operational expenditures, increasing occupancy comfort, and meeting increasingly stringent global regulations and sustainability standards. Moreover, North America is a technologically advanced region in the world due to the rapid adoption of emerging technologies by the organizations in the region. Furthermore, the US and Canada are prominent countries contributing to technological development in this region; for instance, US organizations are heavily investing into smart building measures, such as building controls and building systems integration, to leverage energy efficiency and energy storage and deliver smarter, safer, and more sustainable buildings while the Canadian government is taking initiatives to support Canada’s commitment to protecting the environment and its resources by making federal buildings more energy-efficient and reducing greenhouse gas emissions, driving the growth of smart buildings

Industrial building segment is expected to grow with the fastest growth rate during the forecast period.

Industrial buildings are often large and have many moving parts. Smart industrial building solutions automate building temperature control, security, and maintenance for more efficient property management through various mobile computing devices, such as mobile devices and computers.

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The Security and Emergency Management solution in the solution type segment is expected to lead the Smart building market in 2019.

IoT consulting services help in refining the business processes of organizations and are used for formulating different strategies, developing use cases, planning roadmaps, assessing technologies, and framing IoT architectures. The providers of IoT consulting services ensure development and implementation of the appropriate IoT applications and architecture in organizations. They guide companies to create new IoT infrastructures to enhance their existing systems. The providers of IoT consulting services also help non-IT companies with minimal expertise to understand IoT technology. IoT consulting services can be classified into technology consulting services, business consulting services, and operational consulting services.

The major vendors covered in the Smart building market include Honeywell (US), Johnson Controls (US), Cisco (US), Hitachi (Japan), Siemens (Germany), IBM (US), Schneider Electric (Germany),Intel (US),Huawei (China),ABB (Switzerland),L&T Technology Service (India),75F (US), Telit (Switzerland), Pointgrab (Israel), LogicLadder (India), Spacewell (Belgium), PTC (US), Avenet (US), Softdell (US), Spaceti (Czech Republic).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.Contact:
Mr. Aashish Gupta
MarketsandMarkets™ INC. 
630 Dundee Road 
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USA : 1-888-600-6441 
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HR Analytics Market by Component, Application Area Organization Size, Deployment Type, Vertical, and Region – Global Forecast to 2024

According to new market research report “HR Analytics Market by Component, Application Area (Workforce Management, Recruitment, and Employee Development), Organization Size, Deployment Type, Vertical (BFSI, Manufacturing, and IT and Telecom), and Region – Global Forecast to 2024″, is expected to grow from USD 1.9 billion in 2019 to USD 3.6 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period. The increasing demand to automate HR processes, scaling HR personnel  effort with the help of advanced technologies, and growing need to enhance workforce engagement are some of the major factors driving the growth of the HR analytics market.

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The workforce management segment to hold the largest market size during the forecast period

The workforce management application area is widely adopted across verticals, owing to the need to place right people at right job for meeting business objectives. Labor is one of the biggest expenses to be bared by organizations. The use of HR analytics enables organizations to predict and forecast an accurate number of employees required to complete a particular job. Enterprises employ the HR analytics solution for standardizing processes across varied departments. The adoption of the HR analytics solution enables organizations to increase employees’ productivity, performance, and satisfaction.

The Banking, Financial Services, and Insurance (BFSI) vertical to hold the largest market size during the forecast period

The BFSI vertical is undergoing massive disruption, due to regulatory changes and competitive pressures. It is facing unique challenges, such as low-profit margins, information security threats, and compliance requirements. The challenges encourage the BFSI vertical to adopt HR analytics for aligning workforce to streamline operations and minimizing workforce costs. With the advent of mobile technology, customer preferences and behavior are changing. Enterprises are emphasizing on adopting the HR analytics solution to boost the performance of their sales employees and marketing representatives. The solution leads to better customer satisfaction and engagement.

The solution segment to hold a larger market size during the forecast period

The HR analytics solution has a wide scope of usage among enterprises, as it assists businesses in managing different applications, such as payroll, retention, recruitment, workforce management, employee engagement, and employee development. This has created opportunities for vendors to provide the HR analytics solution to enterprises across different verticals and help them in managing complex functions, such as recruiting, on-boarding, and training of employees.

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

North America is estimated to account for the highest market share 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. The North American region houses key industry players offering HR analytics solution and services. Its financial position enables it to invest majorly in leading solutions and technologies for effective business operations.

The key vendors in the HR analytics market are Oracle (US), SAP (Germany), Infor (US), Workday (US), Sage Software (UK), Kronos (US), MicroStrategy (US), IBM (US), Tableau (US), Zoho (India), Crunchr (Netherland), Visier (Canada), TALENTSOFT (Paris), GainInsights (India), and Sisense(US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
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USA : 1-888-600-6441
sales@marketsandmarkets.com
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Mobile Device Management Market by Type, Deployment Type, Organization Size, Industry Vertical, and Region – Global Forecast to 2023

According to new market research “Mobile Device Management (MDM) Market by Type (Solution (Device Management, Application Management, & Security Management), and Service), Deployment Type (Cloud & On-Premises), Organization Size, Industry Vertical, and Region – Global Forecast to 2023″, The Mobile Device Management (MDM) market size is expected to grow from USD 2.81 Billion in 2018 to USD 7.86 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period. The propagation of smartphones and tablets, the growing security concerns to protect corporate data, and the increasing need for MDM solutions to manage and synchronize different platforms through a single console are expected to be the major factors in driving the MDM market.               

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MDM solutions segment is expected to hold a larger market size during the forecast period

Among the solutions and services segment, the MDM solutions segment is expected to hold a larger market size during the forecast period. The uptake of corporate-owned devices and advancements in business applications and technologies are expected to have driven the adoption of MDM solutions across businesses. However, the MDM solution providers have been developing and delivering a range of solutions, such as device management, application management, security management, and email management, in the MDM suite, so that these solutions can match up to the business needs of enterprises.

Cloud deployment type is expected to witness a faster growth rate during the forecast period

Under the deployment types, the cloud deployment type is expected to hold the larger market size. It is also expected to grow at a higher CAGR during the forecast period. Most of the industry verticals, such as telecom, manufacturing and automotive, education, transportation, logistics, utilities, and retail, prefer cloud-based MDM solutions. In addition to this, the Small and Medium-sized Enterprises (SMEs) are also rapidly moving toward the cloud deployment type, due to budget constraints and the ease of accessibility of cloud-based MDM solutions.

Healthcare industry vertical is expected to grow at the highest CAGR during the forecast period

In the industry vertical segment, the healthcare industry vertical is expected to be one of the fastest growing in the MDM market. The increasing world population, changing lifestyle, and the increasing awareness of health-related issues are expected to have collectively contributed to the massive growth of the healthcare industry vertical. Furthermore, the wide use of mobile devices among patients, doctors, nurses, and other supporting staff has increased across the globe. This is expected to drive the adoption of MDM solutions in this industry vertical.

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North America is expected to hold the largest market size, whereas Asia Pacific (APAC) to grow at the highest CAGR during the forecast period

Among regions, North America is expected to hold the largest market size in the MDM market during the forecast period, followed by the European region. The North American region has been receptive toward adopting MDM solutions within organizations to safeguard its content from piracy and data breaches, web and network threat security, cyber-attacks, and severe data losses. The US and Canada are expected to be the major contributing countries to this region; almost all major companies of the MDM market are located in these 2 countries.

In terms of the growth rate, the APAC region is expected to experience a strong growth in the coming years, as organizations in this region are looking forward to adopting enterprise mobility solutions for meeting their demands of a dynamic mobile workforce. Economic growth, young population, cloud-based solutions for SMEs, use of local brand tablets and smartphones for business purposes, and the growing Bring Your Own Device (BYOD) trend are expected to be some of the factors that are driving the overall MDM market in this region.

The key players in the MDM market include BlackBerry (Canada), IBM (US), Microsoft (US), MobileIron (US), VMware (US), Citrix Systems (US), ManageEngine (US), SAP (Germany), Sophos (UK), and SOTI (Canada). The key innovators include Mitsogo (US) and 42Gears Mobility Systems (India).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
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USA : 1-888-600-6441
sales@marketsandmarkets.com
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Digital Intelligence Platform Market forecasted to obtain $13.96 Billion by 2022, at a CAGR of 19.8%

According to market research report “Digital Intelligence Platform Market by Component (Analytics, Data Management, and Engagement Optimization), Touchpoint (Company Website, Social Media), Organization Size, Vertical (BFSI, Retail & E-Commerce), and Region – Global Forecast to 2022″, The digital intelligence platform market is projected to grow from USD 5.65 Billion in 2017 to USD 13.96 Billion by 2022, at a CAGR of 19.8% from 2017 to 2022.

The market is primarily driven by the adoption of digital intelligence platforms for competitive differentiation and increasing customer retention activity, rising focus on social media analytics and personalization, and need for optimizing digital experiences across all touchpoints.

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Based on component, the data management segment of the digital intelligence platform market is expected to grow at the highest CAGR during the forecast period.

Based on component, the digital intelligence platform market has been segmented into data management, analytics, and engagement optimization. The data management segment is expected to witness the highest growth during the forecast period, as data management tools are responsible for collecting, storing, standardizing, modeling, and managing digital data of customers in an enterprise.

Based on vertical, the retail & e-commerce segment of the digital intelligence platform market is expected to grow at the highest CAGR during the forecast period.

Based on vertical, the retail & e-commerce segment of the digital intelligence platform market is projected to grow at the highest rate in the coming years. Retailers are using new technologies such as the voice of the customer, behavioral targeting, and others to identify the holistic behavior of customers.

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North America is estimated to lead the digital intelligence platform market in 2017.

North America is estimated to lead the digital intelligence platform market in 2017. The region is an early adopter of digital technologies and has advanced infrastructure capabilities, which have led to the adoption of digital intelligence platforms. Furthermore, companies have implemented these platforms to improve their business processes, understand the customer behavior, and sustain their position in the market.

The report encompasses competitive landscape, which presents the positioning of 11 key vendors of digital intelligence platforms based on their product offerings and business strategies. Some of the major digital intelligence platform vendors include Adobe Systems (US), IBM (US), SAS Institute (US), Evergage (US), Google (US), Mixpanel (US), Optimizely (US), Webtrekk (Germany), New Relic (US), Localytics (US), and Cxense (Norway).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
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USA : 1-888-600-6441
sales@marketsandmarkets.com
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At a CAGR of 18% 5G Services Market is expected to grow from $53.93 billion in 2020 to $123.27 billion 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 duringthe 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).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
sales@marketsandmarkets.com
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Asset Performance Management Market by Component, Solution Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2025

According to market research report on  “Asset Performance Management Market by Component (Solutions and Services), Solution (Asset Strategy Management, Asset Reliability Management, Predictive Asset Management), Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global Asset Performance Management (APM) Market size is projected to grow from USD 3.3 billion in 2020 to USD 6.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period.

The major factors driving the growth of the market include the rising need for risk-based maintenance, the need to maximize economic return on assets, and increasing adoption of cloud-based applications.

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Large enterprises segment to hold a larger market size during the forecast period

The use of traditional reactive maintenance leads to higher costs, low asset availability, and lack of reliability. It has become very important for large enterprises to adopt APM solutions that leverage proactive maintenance and advanced analytics. APM solutions offers large enterprises with components, such as condition-based monitoring, scenario modelling, and predictive analytics solutions to make more proactive decisions. This adoption results in reduced costs, and reduced unplanned downtime, enabling companies to focus on more business-critical assets leading to better productivity.

Cloud deployment type to record a faster growth rate during the forecast period

Cloud technology is being widely adopted by businesses, owing to its various benefits, such as increased storage, scalability, flexibility, portability, and compliance. Small and Medium-sized Enterprises (SMEs), in particular, are adopting the cloud deployment type largely due to its cost-effectiveness and ability to produce advanced results. Asset-intensive organizations prefer cloud-deployed solutions, as this type offers scalability and agility in organizations and provides more functions than on-premises solutions at an affordable cost.

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Asia Pacific to be the fastest growing region during the forecast period

Asia Pacific (APAC) comprises the fastest growing economies, such as China, India, and Singapore and technologically advanced countries, such as Japan and Australia. The region is expected to gain traction in the APM market, due to benefits, such as improved asset utilization, extended asset life, and reduction in maintenance costs. Many emerging economies in the APAC region are likely to adopt APM solutions because of their high demands, specifically in the oil and gas, transportation and logistics, healthcare, and energy and utilities verticals.

Market Players

Some prominent players across all service types profiled in the Asset Performance Management Market study are ABB (Switzerland), SAP (Germany), GE Digital (US), IBM (US), AVEVA (UK), OSIsoft (US), Bentley Systems (US), Siemens (Germany), Oracle (US), Infor (US), AspenTech (US), DNV GL (Norway), eMaint (US), Nexus Global (US), Accruent (US), Aptean (US), Operational Sustainability (US), Rockwell Automation (US), ARMS Reliability (Australia), IPS (Germany) and Uptake Technologies (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Sanjay Gupta

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: sales@marketsandmarkets.com

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Opportunity Assessment of Waste Management in US Cities by Waste Management Outlook, Key Initiatives, and Cities- Forecast to 2023

According to new market research report “Opportunity Assessment of Waste Management in US Cities by Waste Management Outlook (Budget, Programs, Volume, and Disposal Statistics), Key Initiatives, Market Dynamics, and Cities (Boston, Los Angeles, Philadelphia, Seattle, and San Diego) – Forecast to 2023″, The waste management investments in US cities are expected to grow from USD 1.0 billion in 2018 to USD 1.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.4% during the forecast period.

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Key factors driving the waste management assessment in major US cities include increasing focus on the collection of waste materials and transportation to recycling facilities, sorting material type and selling them to manufacturers to make new products, state governments’ increasing focus on waste recycling and energy generation, and growing adoption of smart waste management systems.

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IoT-based smart solutions to enhance the efficiency of waste management programs

With growing regional populations, changing policy requirements, new sustainability and recycling goals, and improved technology departments, municipalities across the US are joining the waste recycling movement to become more efficient in managing solid waste and produce energy. IoT for smart waste management solutions has successfully been applied across cities in the US. IoT waste management solutions include the use of sensor-enabled waste bins, technologies such as global positioning systems-enabled (GPS) routing, and radio frequency identification (RFID). IoT-based smart waste management system has various benefits, such as better utilization of manpower, reducing fleet cost, and also the provision of analytical information to determine the cost of waste collection making it easier for civic bodies to set a budget on the same.

Increasing focus on waste recycling to create significant growth opportunities for vendors in the US

Population explosion and improved lifestyle result in the increased generation of solid wastes in urban as well as rural areas. In US cities, there is a marked distinction between the solid waste from urban and rural areas. However, due to increased urbanization, fast adoption of ‘use & throw concept’ and equally fast communication, the gap between urban and rural is diminishing. The solid waste from rural areas is more of a biodegradable nature and the same from urban areas contains more non-biodegradable components, such as plastics and packaging. Recycling organic materials, including food and compostable paper, is the biggest opportunity to reduce trash and focus on recycling initiatives. Organics make up about one-quarter of overall trash, and not many people are participating in organic recycling programs yet. The increasing focus on vendors toward organic waste in the region could provide growth opportunities for the market vendors.

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Los Angeles to provide opportunities for vendors of smart waste management solutions

Los Angeles has adopted Smart Waste Management (SWM) solutions and is looking forward to expanding the SWM program to other vendors apart from Bigbelly. LA Sanitation (LASAN) handles waste management activities for single-family and multi-family (less than 4 units) establishments. Franchises (haulers) handle waste management activities for multi-family (with 4 or more units) and commercial establishments. Athens Services, Republic Services, Waste Management Inc., Universal Waste Systems, NASA Services, Ware Disposal Company, and CalMet Services are responsible for waste collection, transfer, recycling, processing and disposal for multi-family and commercial establishments till 2024. However, changes in the Chinese import policy have led to increased waste processing costs and higher volumes of waste being disposed in landfills. Other waste management challenges include hygiene-related issues, due to illegal dumping, increasing complaints about waste pick-up services, and unrest around higher service fees charged by haulers.

The major vendors offering waste management systems include Bigbelly, Inc. (US), Compology (US), OnePlus Systems (US), Ecube Labs (South Korea), Waste Management Inc. (US), Republic Services Inc. (US), Covanta Holding Corporation (US), Recology (US), Athens Services (US), and Bin-e (Poland). The study includes an in-depth competitive analysis of the key players in the waste management market, along with their projects and investments, recent developments, and key market strategies.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Cloud Discovery Market projected to grow $1,564.1 Million by 2023 from $730.8 Million in 2018

According to market research report “Cloud Discovery Market by Solution (Application Discovery and Infrastructure Discovery), Service (Professional Services and Managed Services), Organization Size (Large Enterprises and SMES), Vertical, and Region – Global Forecast to 2023″, The cloud discovery market size is expected to grow from USD 730.8 Million in 2018 to USD 1,564.1 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 16.4% during the forecast period.

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The demand for cloud discovery is expected to be driven by growing adoption of multi-cloud and increasing need to efficiently manage the security of the IT infrastructure. Moreover, with the increasing usage of cloud applications across different verticals and the rising trend of Bring Your Own Device (BYOD), the adoption rate of cloud discovery among enterprises is expected to gain a major traction during the forecast period.

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The application discovery is expected to hold the largest market share during the forecast period

Cloud application discovery solutions enables an IT administrator to discover the unmanaged cloud applications that are being used by the members of the organization. This helps administrators to control unauthorized access to corporate data, potential data leakage, and other security risks inherent in the applications. CipherCloud’s study for North America and Europe in 2014 concluded that 86% of cloud applications used by enterprises were unsanctioned by the IT administrator. Therefore, with the adoption of cloud discovery solutions, administrators can continuously discover and categorize all the cloud applications users are accessing.

North America is expected to hold the largest market share, whereas Asia Pacific (APAC) is expected to grow at the fastest rate during the forecast period

North America dominates the cloud discovery market as it is the most advanced region with respect to the usage of cloud application and IT infrastructure. Due to the presence of a large number of vendors offering cloud discovery solutions and services in this region, it is expected to hold the largest market share during the forecast period. Moreover, enterprises in this region have invested heavily in the cloud computing technologies to gain a competitive edge over its competitors and improve its overall business operations. On the other hand, the APAC region is in its initial growth phase; however, it is expected to be the fastest growing region in the global cloud discovery market. The increasing adoption of cloud discovery in this region can be attributed to the wide-spread presence of Small and Medium-sized Enterprises (SMEs) that are implementing low cost cloud-based technologies to achieve in-depth visibility and control over their cloud applications and IT infrastructure.

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The retail and consumer goods vertical is expected to grow at the fastest rate during the forecast period

The retail and consumer goods vertical has undergone significant transformation with the emergence of cloud-based technologies. Retailers constantly strive to improve efficiency and reduce cost. Managing their large application portfolios and distributed infrastructures has become increasingly complex and expensive for the IT departments. Retailers are aggressively pursuing the use of cloud computing, primarily for cost reduction, speed-to-market, and quality benefits. Therefore, to simplify the business process and control the unmanaged IT resources, it is expected that the adoption trend of the cloud discovery solutions would grow significantly in this vertical.

Major vendors providing cloud discovery solutions and services are AlienVault (US), ASG Technologies (US), BMC Software (US), Certero (UK), CipherCloud (US), Cisco Systems (US), Connectwise (US), iQuate (Ireland), Kmicro (US), ManageEngine (US), McAfee (US), Movere (US), Nephos Technologies (UK), NetSkope (US), Nuvalo (US), Perpetuuiti (Singapore), Puppet (US), Qualys (US), ScienceLogic (US), ServiceNow (US), vArmour (US), Virima Technologies (US), WhiteHat Security (US), Ziften (US), and Zscaler (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
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MarketsandMarkets™ INC.
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Suite 430
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sales@marketsandmarkets.com
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Global Robot Software Market Growth, Size, Share, Analysis Opportunities, Trends by 2022

According to 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%.

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.

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132 – Pages   

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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.

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.

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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.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/robot-software.asp
Report: https://www.marketsandmarkets.com/Market-Reports/robot-software-market-5487986.html

By 2023 Cloud workload protection market expected to reach $6.70 Billion from $2.25 Billion in 2018

According to market research report “Cloud Workload Protection Market by Solution (Monitoring and Logging, Policy and Compliance Management, Threat Detection Incident Response), Service, Deployment Model, Organizational Size, Vertical, and Region – Global Forecast to 2023″, The cloud workload protection market size is expected to grow from USD 2.25 Billion in 2018 to USD 6.70 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 24.4% during the forecast period.

The demand for cloud workload protection is driven by various factors, such as the increasing adoption of the multi-cloud strategy among enterprises, centralized policy enforcement, simplified installation of distributed enterprise workloads, dire need to fortify enterprise workloads against unauthorized strikes, and seamless scalability and reduced operational costs.

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127 – Pages


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

The hybrid cloud segment is expected to gain the highest traction in the cloud workload protection market during the forecast period. This segment 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.

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

North America is expected to account for the largest market share and dominate the cloud workload protection 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.

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The monitoring and logging segment is estimated to contribute the largest market share in 2018.

Among solutions, the monitoring and logging segment is estimated to account for the largest market size in 2018. The major factors driving the growth of this segment include the benefit of gaining centralized visibility and control over high-volume cloud workloads.

The major vendors providing cloud workload protection solutions and services are Bracket (US), CloudPassage (US), Dome9 (US), Evident (US), GuardiCore (Israel), HyTrust (US), LogRhythm (US), McAfee (US), Sophos (UK), Symantec (US), Trend Micro (Japan), and Tripwire (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/cloud-workload-protection.asp
Report : https://www.marketsandmarkets.com/Market-Reports/cloud-workload-protection-market-95413553.html