Change and Configuration Management Market Share, Size, Opportunities Report 2017-2021

According to new market research report on Change and Configuration Management Market by Components (Software and Services), Deployment (Cloud and On-premise), Organization Size (SME and Enterprises), Vertical, and Region – Global Forecast to 2021″, The change and configuration management market size is estimated to grow from USD 1.21 Billion in 2016 to USD 2.04 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 11.0%.

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“Change and Configuration Management Market by Components (Software and Services), Deployment (Cloud and On-premise), Organization Size (SME and Enterprises), Vertical, and Region – Global Forecast to 2021”

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Factors, for example, disentangled management of IT assets in a mind-boggling IT biological system has expanded its application crosswise over different industry areas and is driving the change and configuration management market.

The product section for change and configuration management market is relied upon to hold the biggest market measure amid the estimate time frame.

An IT biological community is made out of physical perspectives just as intelligent viewpoints, for example, source codes, prerequisite archives, reports, experiments, test contents, and then some. Change and configuration management programming can empower overseers to control the mind-boggling forms associated with the management of this biological community and streamline them. The advantages emerging from the utilization of these product are improved consistence with guidelines, higher profitability, and lower costs, to give some examples.

The SME market for change and configuration management is required to develop at the most elevated CAGR amid the gauge time frame.

There is dependably a strain on assets for SMEs, in such a situation the degree of adaptability and robotization took into consideration by configuration management instruments can be very helpful. Compelling change and configuration management strategies can likewise be valuable while cooperating with bigger associations, as they may anticipate that such practices should be set up while considering organizations to band together with to diminish their overheads.

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Quick appropriation of progress and configuration management rehearses due to a solid and entrenched economy makes North America the biggest market regarding worldwide offer.

The North American locale contains created nations, which have a profound established foundation, in this way supporting the gigantic interest in change and configuration management market. Top contributing nations to the change and configuration management market in North America incorporate the U.S. what’s more, Canada. The reason for the strength of these nations is their settled economies, which take into consideration interests in new innovations. The change and configuration management market is relied upon to rise fundamentally, because of the expanding interest for lithe IT foundations driven by rise of computerized advancements.

The significant merchants in the change and configuration management market incorporate IBM (U.S.), Microsoft (U.S.), HP (U.S.), CA Technologies (U.S.), ServiceNow (U.S.), BMC Software (U.S.), AWS (U.S.), Chef Software Inc. (U.S.), Ansible (U.S.), Codenvy (U.S.), and Puppet (U.S.) among others.

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Global Ransomware Protection Market: Scope, Opportunities, Growth, Forecast by 2021

According to a new market research report on Ransomware Protection Market by Solution (Anti-Ransomware Software, Secure Web Gateways, Application Control, IDS/IPS, Threat Intelligence), Service, Application, Deployment, Organization Size, Vertical, Region – Global Forecast to 2021″, The ransomware protection market size is expected to grow from USD 8.16 Billion in 2016 to USD 17.36 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.3%.

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Ransomware is a basic digital risk that introduces at the injured individual’s pc either encoding the archives or bolting the entire gadget, till a payoff is paid. The organizations have quickened interests in verifying the data, network, and endpoints from crypto-malwares comprising of ransomware and other unrivaled digital dangers.

Threat intelligence solution is expected to grow the fastest in the ransomware protection market

Threat intelligence solution is foreseen to develop at the absolute best CAGR inside the ransomware protection market, at some phase in the gauge time frame. Associations are an expanding number of receiving peril knowledge answers to battle ransomware and distinctive progressed digital dangers, as these answer give incredible and trustworthy hazard recognition to ease digital dangers fundamentally dependent on protection occasions and protection insight feeds to oversee business venture risks. Besides, protection net doors answer is relied upon to have the biggest marketplace share in the ransomware protection market, all through the estimate term

Email protection segment is expected to gain high traction in the ransomware protection market

The email protection fragment is imagined to develop at the most astounding CAGR from 2016-2021. The messages are number one wellspring of ransomware circulation and digital crooks target sufferers with messages having vindictive connections. Thus, electronic mail wellbeing is of most extreme criticalness because of the upward push in the midst of Business Email Compromise (BEC) tricks, all around. The system wellbeing portion is required to contribute the biggest market size to the ransomware protection market, in light of upward push inside the wide assortment of security breaks concentrated on business endeavor systems.

Healthcare vertical is the prime target for ransomware attacks and would grow the fastest

The Healthcare services vertical is anticipated to create at the most astounding CAGR inside the ransomware protection market. Because of the scramble for rapid digitization of logical data which incorporates electronic patient wellbeing insights, social insurance quarter is falling sufferer to huge number of ransomware ambushes, more than some other vertical. The BFSI vertical is relied upon to command the ransomware protection market, contributing greatest marketplace extent, amid the estimate length, as a result of the developing use of web and cell applications for banking exchanges and installments.

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North America is expected to contribute the largest market share, whereas APAC is expected to grow the fastest

North America is anticipated to have the greatest marketplace share and overwhelm the ransomware protection market from 2016 to 2021, in view of the nearness of gigantic assortment of cybersecurity bearers over this area providing genuinely current ransomware protection arrangements. On the elective hand, APAC gives limit blast potential outcomes inside the ransomware security marketplace, due to developing spending on cybersecurity arrangements in the rising economies of the region comprehensive of China, Australia, and India.

The prevalent suppliers inside the ransomware protection market incorporate Intel Security, Symantec Corporation, Trend Micro, FireEye, Sophos, Bitdefender, Kaspersky Lab, Malwarebytes, Zscaler, SentinelOne, and others.

Opportunities

Associations searching out multi-layered protection approach

Sharing of chance knowledge among undertakings

Ascend sought after for records reinforcement and recuperation answers

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Global Cloud Workload Protection Market Size, Industry Trends, Opportunities, & Challenges by 2023

According to new 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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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 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.

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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.

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).


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Global Wi-Fi Analytics Market expected to exceed $10.72 Billion by 2022

According to new market research report Wi-Fi Analytics Market by Component (Solutions and Services), Solution (Wi-Fi Based Location Analytics Solution, Wi-Fi Based Indoor Positioning Systems), Location Type, Application, Deployment Type, Vertical, and Region – Global Forecast to 2022″, The Wi-Fi analytics market is expected to grow from USD 2.94 Billion in 2017 to USD 10.72 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 29.54% during the forecast period.

Increasing deployment of public Wi-Fi across physical venues, rising significance of big data among brick-and-mortar businesses, increasing competition among online businesses, and penetration of mobile devices are some of the major factors driving the growth of the Wi-Fi analytics market.

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“The indoor location segment is expected to have the larger market share during the forecast period.”

The need for increasing customer behavior analytics and engagement in the brick-and-mortar businesses, along with the growing competition between online and offline retail stores, plays an essential role in determining the future of the Wi-Fi analytics market in the indoor location segment. Indoor locations comprise the brick-and-mortar businesses, such as shopping malls, retail stores, hotels, Quick Service Restaurants (QSRs) and restaurants, casinos, and gyms which require effective solutions to measure the footfall traffic and engage customers, from the time they enter the store to the time they leave it.

“The retail vertical is expected to have the largest market size during the forecast period.”

The retail vertical includes brick-and-mortar shopping malls, chain stores, and retail stores. The increasing competition between in-store retail and eCommerce is acting as a threat to the brick-and-mortar stores, with the rising number of online retailers. Moreover, eCommerce businesses use online marketing analytics to monitor the customer navigation data through their websites. This data is used to yield insights and make decisions to increase the revenue. Therefore, in-store customer analytics is gaining importance among the brick-and-mortar retailers to collect the data about the customers’ buying behavior to gain insights. This can help stores offer customers a better experience and increase the turnover.

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“The rapid adoption of Wi-Fi analytics solutions and services, due to the increased deployment of public Wi-Fi in brick-and-mortar businesses is expected to make North America the largest market, in terms of the global share.”

North America consists of developed economies, such as the United States (US) and Canada. In this region, organizations are rapidly adopting and willing to invest in emerging technologies, such as big data analytics. The region’s strong financial position also enables it to invest heavily in advanced tools and technologies. These advantages have provided North American organizations a competitive edge in the market. Moreover, the region has the presence of several major Wi-Fi analytics vendors, and hence, there is a strong competition among the players. The number of enterprises adopting Wi-Fi analytics solutions and services is quite high in North America as compared to the other regions.

The major vendors who offer Wi-Fi analytics solutions and services across the globe are Cisco Systems (US), July Systems (US), Skyfii (Australia), Zebra Technologies (US), Fortinet (US), Ruckus Wireless (US), Purple (England), Cloud4Wi (US), Euclid (US), and Yelp (US). On the other hand, the key innovators include Walkbase (Finland), Weblib (France), and Aptilo Networks (Sweden). These vendors have adopted various organic and inorganic growth strategies, such as new product launches, partnerships, and collaborations, to enhance their position in the Wi-Fi analytics market.

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Global Application Container Market will Surpass Its Marketshare $4.98 Billion by 2023

According to recent market research report  onApplication Container Market by Service (Container Monitoring, Security, Data Management, Networking, Orchestration), Platform (Docker, Kubernetes), Application Area, Deployment Mode, Organization Size, Vertical, and Region – Global Forecast to 2023″, The application container market size is estimated to be USD 1.20 Billion in 2018 and expected to reach USD 4.98 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 32.9% during the forecast period.

The main considerations driving the development of the application container market incorporate the developing requirement for business deftness and quicker time to market, and substantial scale modernization of existing business-basic applications.

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The modernization fragment is evaluated to represent the biggest market share in 2018

The modernization section is assessed to represent the biggest market share in 2018. All the main associations are modernizing their inheritance applications. Heritage applications are typically 5– 20 years of age with progressively inflexible application conditions and thwart developments in an association’s environment. Containers confine applications from the basic foundation benefits and diminish the intricacy of managing old heritage stages and their convenientce. The application container innovation empowers associations to build up their business applications at a quicker rate and lessen the upkeep expenses of dealing with their applications.

The BFSI vertical is expected to grow at a higher rate during the forecast period

The BFSI vertical relies on various inheritance applications. This vertical is inside the section of modernizing their heritage programs and consolidating various new and trend setting innovations in their endeavor bundles. The application box age now not best permits in changing heritage programs, anyway likewise rearranges backend combination and encourages quick application improvement, experimenting with, and rollouts. Changes in banking rules and the omnichannel strategy to embellish shopper administrations are foreseen to weight the application container benefits inside the BFSI vertical.

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North America is relied upon to represent the biggest market share amid the estimate time frame

North America is foreseen to represent the greatest marketplace extent all through the figure time frame. The area is one of the early clients of the utility container age. The mechanical selection in this spot is high. In addition, this zone contains a thick startup condition, and all the main cloud transporter suppliers are from this area. Patterns, comprising of microservices and DevOps are in high call for on this area growing a decent situation for the development of the application Container market.

The real sellers canvassed in the application container market incorporate IBM (US), AWS (US), Microsoft (US), Google (US), VMware (US), Apprenda (US), Joyent (US), Rancher Labs (US), SUSE (Germany), Sysdig (US), Jelastic (US), Kontena (Finland), Mesosphere (US), Puppet (US), Twistlock (US), Weaveworks (UK), CA Technologies (US), Oracle (US), Nimble Storage (US), BlueData (US), Apcera (US), Cisco (US), Red Hat (US), Docker (US), and Portworx (US

Opportunities

SMES’ Increasing Investment in Technologies

Rising Adoption of IoT Among Various Verticals

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DDoS protection and Mitigation Market projected to grow $4.10 Billion by 2023

According to market research report DDoS Protection and Mitigation Market by Component (Hardware Solutions, Software Solutions, and Services), Application Area (Network, Application, Database, and Endpoint), Deployment Mode, Organization Size, Vertical, and Region – Global Forecast to 2023″, The DDoS protection and mitigation market size is expected to grow from USD 1.94 Billion in 2018 to USD 4.10 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period.

The DDoS protection and mitigation market is gaining traction, due to the rise in volumetric DDoS attacks that cause traffic congestion by flooding networks with numerous illegitimate network packets.

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The high demand for cloud-based and hybrid DDoS protection and mitigation solutions among enterprises is expected to drive the DDoS protection and mitigation market over the next 5 years.

The services segment is expected to play a key role in the DDoS protection and mitigation market.

The services segment is expected to play a vital role in changing the DDoS protection and mitigation market landscape and grow at the highest CAGR during the forecast period. Services offered by DDoS protection and mitigation vendors are classified into professional and managed services. The rise in the demand for DDoS services is due to the need to protect websites, networks, and critical infrastructure devices, as well as, to reduce the downtime and business risks. Cyberattacks on websites are increasing at an alarming rate and have compelled organizations to adopt robust security services for addressing risks in the continuously evolving threat landscape. Services offered by DDoS protection and mitigation vendors help safeguard websites, networks, and layer 3 and layer 7 threats.

The Small and Medium-sized Enterprises (SMEs) segment is expected to grow at the fastest rate.

In the DDoS protection and mitigation market, Small and Medium-sized Enterprises (SMEs) are expected to be the fastest-growing segment, as these enterprises have become the key targets for cyber terrorists or hacktivist. SMEs need to appraise their security systems to effectively close the gaps that slowdown the performance of their servers. Hence, it has become essential for SMEs to incorporate DDoS protection techniques, such as scrubbing services, Border Gateway Protocol(BGP) routing, sinkholing, null routing, and Domain Name Server(DNS) routing.

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North America is expected to have the largest market size in the DDoS protection and mitigation market.

North America is expected to have the largest market size in the DDoS protection and mitigation market, due to the growing trends such as Internet of Things (IoT), Internet of Everything (IoE), Industrial Internet of Things (IIoT), and Bring Your Own Device (BYOD) have brought tremendous growth in the region. Asia Pacific (APAC) is expected to be the fastest-growing region during the forecast period, owing to the factors such as the region has a large number of established SMEs that are growing at an exponential rate and these enterprises are increasingly adopting DDoS protection and mitigation solutions and services. Furthermore, the market in regions such as Middle East and Africa (MEA) and Latin America is expected to grow, due to the increasing technological proliferation across manufacturing, and energy and utilities industry verticals.

Major vendors in the DDoS protection and mitigation market include Arbor Network (US); Akamai Technologies (US); F5 Networks (US); Imperva (US); Radware (Israel); Corero Network Security (US); Neustar (US); Cloudflare (US); Nexusguard (Hong Kong); A10 Networks, (US); Fortinet (US); Huawei Technologies (China); Verisign (US); Zenedge (US), Sucuri (US); SiteLock (US); Flowmon Networks (Czech Republic); StackPath, (US); DOSarrest Internet Security (Canada); Century Link (US) ; NSFOCUS (US); Corsa Technology (Canada); Rackspace (US); Allot (Israel); and Seceon(US).

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Global Cloud Workload Protection Market Size, Industry Trends, Opportunities, & Challenges by 2023

According to new 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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31 – Figures

127 – Pages   


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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 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.

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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.

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).


Mr. Rohan
MarketsandMarkets™ INC. 
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Smart Building Market Will expected to surpass $31.74 Billion by 2022

According to recent market research report on Smart Building Market by Type (Building Automation Software, Services), Building Type (Intelligent Security System, Building Energy Management System, Infrastructure Management, and Network Management System), and Region – Global Forecast to 2022″, The smart building market is expected to grow from an estimated USD 7.42 Billion in 2017 to USD 31.74 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 33.7% from 2017 to 2022.

The market is primarily driven by the growing demand for integrated security and safety systems and increasing government initiatives for smart building projects.

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Based on type, the services segment is expected to witness the highest growth rate during the forecast period

Based on type, the services segment is projected to grow at the highest CAGR during the forecast period. This is due to the reason that service providers help in implementing intelligent automation and technologies for the efficient operation and maintenance of buildings in a cost-effective manner. The services included in the smart building market study are training & consulting, integration, and support offered by various vendors in this market. These services are considered as added offerings from technology vendors and services providers in the smart infrastructure ecosystem, which enhance the deployment and usage of solutions at end user premises.

Based on building type, the residential building segment is expected to grow at the highest CAGR during the forecast period

Based on building type, the residential building segment is expected to grow at the highest CAGR due to the ability of communication standards and protocols to integrate various control devices and minimize the use of wires due to the emergence of wireless technologies.

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Based on region, Europe is expected to account for the largest market share in the smart building market during the forecast period from 2017 to 2022

Europe is expected to account for the largest market share during the forecast period due to the increased initiatives by the region’s governments to build smart and intelligent structures. Also, the increase in the adoption of energy management as well as security solutions has led to the growth of the smart building market across regions.

The report encompasses the competitive landscape, which presents the positioning of 25 key vendors of smart building solutions and services, based on their product offerings and business strategies. Some of the major solution and service vendors include the ABB Group (Switzerland), Siemens AG (Germany), Schneider Electric (France), Cisco Systems, Inc. (US), International Business Machines Corporation (US), Delta Controls (Canada), Johnson Controls (US), Honeywell International Inc. (US), United Technologies Corporation (US), Legrand (France), BuildingIQ (US), Echelon Corporation (US), Hitachi, Ltd. (Japan), and Panasonic Corporation (Japan) among others.

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Signals Intelligence Market: Share, Scope, Size, Opportunities,Trends, Forecast 2023

According to recent market research report onSignals Intelligence (SIGINT) Market by Type (Electronic Intelligence (Elint) & Communications Intelligence (Comint)), Application (Airborne, Naval, Ground (Vehicle-Mounted, Soldiers, & Base Station), Space, & Cyber), and Region – Global Forecast to 2023″, published by MarketsandMarkets™,   the global Signals Intelligence (SIGINT) market size is expected to grow from USD 12.8 billion in 2018 to USD 15.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 4.1% during the forecast period.

The major driving factors for the Signals Intelligence (SIGINT) market are the increasing terrorism, growing defense budget of major countries across the globe, and modernization or replacement of an aging defense system.  

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Electronic Intelligence (ELINT) type segment is expected to account for a higher market share during the forecast period.

The ELINT type is expected to be the largest SIGINT market, owing to its increasing need across air, naval, and ground. ELINT is the information gathered by the use of electronic sensors. It involves gathering data about the enemy’s electronic defense network, particularly electronic devices such as radars, surface-to-air missile systems, aircraft, and electronic transmitters. The increasing complexity of threats across the globe is driving the ELINT market as the ELINT technology assists in detecting, recognizing, and countering the threats.

Airborne application is expected to account for the highest market share during the forecast period.

SIGINT solutions provide actionable real-time information and enable universal situational awareness, in-depth collaborative mission planning, and management to air forces. The solutions ease the routine operations of air forces as regular information transmission plays a vital role in real-time decision-making. The solutions provide the right information at the right time and are responsible for collecting information related to any unwanted movements and activities to offer authorities the information for quick decision-making.

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North America is expected to account for the highest market share during the forecast period.

North America is expected to dominate the global SIGINT market as its defense forces are investing a lot in developing more technologically-advanced SIGINT systems. The increase in military support to other countries and increasing terrorism are the major factors driving the North American SIGINT market. The region comprises the US and Canada. The US accounts for the highest share of the SIGINT market.

Major vendors in the global SIGINT market include BAE systems (UK), Lockheed Martin (US), Northrop Grumman (US), Thales (France), Raytheon (US), Elbit Systems (Israel), General Dynamics (US), Israel Aerospace Industries (Israel), Saab (Sweden), Mercury Systems (US), Rolta India (India), Rheintmetall (Germany), Systematic (Denmark), Harris (US), and Cobham (UK).

Opportunities

Increasing Presence of Signals Intelligence in the Public Domain

Challenges

Incapability to Address Multiple Threats

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Business Intelligence Market will expected to reach $26.88 Billion by 2021 at CAGR of 9.5%

According to a new market research report  on Business Intelligence Market by Type (Platform, Software, Service), Data type (Unstructured, Semi-Structured, Structured), Business Application, Organization Size, Deployment Model, Industry Vertical, and Region – Global Forecast to 2021″, The global Business Intelligence (BI) market is estimated to grow from USD 17.09 Billion in 2016 to USD 26.88 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 9.5%.

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The central point driving the BI market are expanding reception of cloud, development of cutting edge investigation, appropriation of information driven basic leadership, and the rise of Internet of Things (IoT)- empowered advances. The market is developing quickly in view of the change from customary strategies for dissecting business information to cutting edge BI procedures and the enormous flood in the volumes organized and unstructured information.

Unstructured information type is relied upon to develop at the most elevated CAGR

The BI market is divided by information type into organized, unstructured, and semi-organized information types. On the off chance that the gathered information is left unmanaged, it ends up intense to recover right information data when required. BI is picking up footing because of its capacities to deal with and oversee such unmanaged information. The ascent and advancement of IoT has impelled fast development in information volumes. In contrast to the organized information, the unstructured information can’t be shown in lines and sections, in this manner making it complex for preparing and examination. The unstructured information type is relied upon to develop at the most noteworthy CAGR amid the figure time frame. Expanding request of investigation and appropriation of IoT gadgets among SMEs are the principle purposes behind the age of unstructured information.

BFSI is assessed to have the biggest market estimate in 2016

The BI market is additionally sectioned by different verticals, out of which the reception rate of BI is relied upon to be the most astounding in the Banking, Financial Services, and Insurance (BFSI) vertical, as the volume and assortment of information is expanding step by step with the developing interest of IT frameworks for budgetary exchanges in banks and other money related administration foundations.

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North America is relied upon to rule the BI market amid the gauge time frame

North America is assessed to hold the biggest offer of the BI market in 2016 because of the mechanical headways and early reception of BI arrangements in the area. The market in Asia-Pacific (APAC) is required to develop at the most elevated CAGR amid 2016– 2021. The principle main thrusts for this development are expanding innovative reception and gigantic open doors crosswise over verticals in the APAC nations, particularly India, China, and Japan.

The report also encompasses different strategies, such as acquisitions, partnerships, collaborations & agreements, expansions, and new product launches & product upgradations, adopted by the major players to increase their share in the market. Major BI technology vendors include Microsoft Corporation (U.S.), IBM Corporation (U.S.), SAP SE (Germany), Oracle Corporation (U.S.), Tableau Software (U.S.), SAS Institute (U.S.), Qlik Technologies (U.S.), MicroStrategy (U.S.), Information Builders (U.S.), TIBCO Software (U.S.), Pentaho (U.S.), Yellowfin International (Australia), Sisense (U.S.), and Panorama (Canada).

Opportunities

Positive Return on Investment

Embedded Business Intelligence

Higher Adoption by SMEs

Increasing Need to Create Insights From Unused Data

Challenges

Lack of Skilled Workforce

Management and Maintenance of Data Quality

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