eDiscovery Market Size, Share and Global Market Forecast to 2025 | COVID-19 Impact Analysis | MarketsandMarkets

According to a market research report “eDiscovery Market by Component (Software (Processing, Review and Analysis, Identification, Preservation and Collection, and Production and Presentation) and Services), Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the eDiscovery Marketsize is expected to grow from USD 9.3 billion in 2020 to USD 12.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.6% during the forecast period.

The key factors that are expected to drive the growth of the market are the focus on proactive governance with data analytics and the emergence of new content sources.


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253 – Tables                                           

54 – Figures

241 – Pages   


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

The volume of data that needs to be analyzed is growing day-by-day due to the increasing number of sources that generate data. Services form an integral part of the eDiscovery and include managed services, support and maintenance, and training, consulting, and integration services. The majority of companies across the globe want to exert more control over their eDiscovery data and operations. But Organizations fail to do so due to the lack of resources to execute the required in-house operations in-house. The eDiscovery managed services offer support for data collection through data management and document review. eDiscovery managed services offer a business partnership that allows organizations to have the cost predictability and control they need and the security and required eDiscovery workflows.

SMEs segment to grow at the highest CAGR during the forecast period

SMEs have a low marketing budget and often lack the resources and capabilities for effective marketing orchestration. SMEs, with their limited budgets, try to scale up their businesses through cost-effective techniques to generate maximum RoI from their spending. One of the most widely impacted by COVID-19, Italy, came up with an emergency plan of USD 28 billion that could help them inch slowly toward normalcy. As businesses across sectors are finding it a challenge to stay up and running, it has been a particularly distressing time for SMEs, who gloomily stare at an uncertain future.

IT and telecommunications vertical to grow at the highest CAGR during the forecast period

The IT and telecommunications vertical is experiencing increased data generation due to the advancements in technologies, such as 3G and 4G. The introduction of 5G technology in the near future is expected to generate a large volume of data. This vertical faces challenges in maintaining IP copyrights and data collection due to a broad customer base. It deals with cross-border data privacy and security challenges by regulators and anti-trust inquiries. Hence, companies in this vertical are exposed to more scrutiny as regulatory and consumer demands change.

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

Companies in this region have adopted eDiscovery solutions to regulate cybersecurity and data breaches, handle cross-border jurisdiction differences and privacy issues, manage investigation matters and litigation, and maintain standards to meet all discovery obligations. North America is further segmented into the US and Canada. The US is expected to be the major revenue contributor to the eDiscovery Market in North America. After the US, Canada is expected to present significant growth opportunities for eDiscovery solutions and service providers.

The major players in the eDiscovery Market are Microsoft(US), IBM(US), OpenText(Canada), Deloitte(US), Micro Focus(UK), ZyLAB(The Netherlands), Relativity(US), Nuix(Australia), Logikcull(US), KLDiscovery(US), Exterro(US), Thomson Reuters(Canada), Knovos(US), Casepoint(US), Nextpoint(US), DISCO(US), Veritas(US), One Discovery(US), Congruity360(US), Onna(US), Everlaw(US), Texifter(US), Allegory(US), Evichat(Canada), and Reductech(UK). The study includes an in-depth competitive analysis of key players in the eDiscovery Market with their company profiles, recent developments, COVID-19 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.Contact:
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Supply Chain Management Market Size, Share and Global Market Forecast to 2026 | MarketsandMarkets

According to market research report on “Supply Chain Management Market by Component (Hardware (Barcode and Barcode Scanners and RFID Tags and Readers), Software, and Services), Deployment Mode (Cloud and On-premises), Organization Size, Vertical, and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the Supply Chain Management Marketsize to grow from USD 23.2 billion in 2020 to USD 41.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period.

Demand for greater visibility and transparency in supply chain data and processes, high growth in eCommerce, increasing adoption of cloud supply chain management among SMEs, and enhancing business continuity by minimizing potential failures are major growth factors for the market. Advances in technologies are making evolution to the supply chain industry and integration of AI capabilities with SCM offerings would provide lucrative opportunities for vendors in the Supply Chain Management Market.

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287 – Tables

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270 – Pages


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By component, Software segment to hold the largest market size during the forecast period

SCM software helps in proper planning and management of the entire supply chain by automating processes, such as product development, sourcing, production, and logistics that maximizes the efficiency of business activities. SCM software is used to manage supplier relationships, control business processes, and execute value chain transactions. The demand for SCM software is growing due to the increase in shift of enterprises toward SaaS-based technology, rise in online purchases, and improvements in business intelligence. The adoption of SCM software is increasing among enterprises due to benefits, such as increased efficiency, improved scalability, enhanced decision-making, increased productivity and performance, faster deployments, reduced costs, lower infrastructure cost, better control of critical applications, and a decrease in business downtime and losses.

In deployment mode, cloud deployment to grow at a higher CAGR during the forecast period

The cloud deployment mode is gaining momentum in the SCM market due to the low-cost installation of cloud services, the widespread availability of cloud services, such as SaaS and IaaS models, and the need for effective security controls on the cloud. The increase in demand for improved service and cost-effectiveness and the rise in need by organizations to track the overall SCM activities for operational efficiency is also projected to encourage the need for cloud deployment for SCM.

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

North America, a technologically advanced region with a high number of early adopters and the presence of major market players, is expected to contribute the highest market share in terms of revenues during the forecast period. Factors such as increased adoption of IoT, ML and AI-based technologies for digitizing supply chain operations, increasing digitization and increasing demand for cloud-based SCM services among enterprises, especially SMEs, due to advantages such as scalability and cost effectiveness are expected to fuel the growth of SCM in th region

Major vendors in the global Supply Chain Management Market include SAP SE (Germany), Oracle (US), The Descartes Systems Group (Canada), Infor (US), IBM (US), Manhattan Associates (US), Logility (US), Kinaxis (Canada), Blue Yonder (US), Korber (US), Coupa Software (US), Epicor (US), BluJay Solutions (US), Llamasoft (US), E2open (US), JAGGAER (US), Zycus (US), GEP (US), Tive (US), Calista (Singapore), Most (Sweden), FreightBro (India), 4TiGo (India), Trukky (India), Lobb (India).

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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, “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.

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Cloud Mobile Backend as a Service Market Size, Share and Global Market Forecast to 2025 | MarketsandMarkets

According to a research report “Cloud Mobile Backend as a Service (BaaS) Market by Application (Cloud Storage and Backup, User Authentication, Database Management, Push Notification), Platform (Android, iOS) Enterprise Size, Vertical (BFSI, Retail), and Region – Global Forecast to 2025″ published by MarketsandMarkets, the Cloud mobile BaaS market size is expected to grow from USD 2.0 billion in 2020 to USD 5.9 billion by 2025, at a CAGR of 23.9% during the forecast period. Growing mobile app-driven economies demand BaaS, Increasing the adoption of mobile devices, and BaaS helps developers concentrate on the frontend for faster development and deployment are driving factor for the Cloud mobile BaaS market.

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152 – Tables

46 – Figures

173 – Pages

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

The Database management application segment is projected to contribute majorly to the Cloud mobile BaaS market among the applications. This growth these segments are supported by enterprises are transforming to the digital world and cloud adoptions by enterprises from verticals across the world.

SMEs segment to grow with higher market size during the forecast period

The Small and Medium size enterprises (SMEs) segment is expected to grow with a higher rate contributing to the market. This growth of SMEs is supported by the implementation of the Cloud mobile BaaS solution, along with services, is expected to result in better risk mitigation, reduced administrative overhead, reduced cost of compliance, favorable business outcomes, and improved business efficiency for SMEs.

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

The North American Cloud mobile BaaS market is already mature for Cloud mobile BaaS systems, and a significant number of new installations of Cloud mobile BaaS and upgrade of the existing Cloud mobile BaaS solutions. Currently, the United States (US) holds the highest share in the Cloud mobile BaaS market as it is home to large telecom giants, well-established suppliers, as well as end-user industries that continuously adapt to newer technologies for improved business productivity and work efficiency.

Market Players

Cloud Mobile Backend as a Service (BaaS) Market players profiled in this report include Microsoft (US), IBM (US), Oracle (US), Temenos (Switzerland), AWS (US), Google (US), PROGRESS (US), Kii (US), ProgrammableWeb (US), Appcelerator (France), EXADEL (US), 8Base (US), Back4App (US), Built.io (US), Backendless (US), Couchbase (US), Kumulos (US), Kuzzle (France), BaaSBox (Italy), Loopback (US), and PubNub (US). These players offer various Cloud mobile BaaS solutions and services to cater to the demands and needs of the market. Major growth strategies are adopted by the players, including acquisitions, partnerships, collaborations and agreements, and new product launches/product enhancements.

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.

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Data Fabric Market Size, Share and Global Market Forecast to 2026 : MarketsandMarkets

According to market research report “Data Fabric Market by Type (Disk-Based, In-Memory), Business Applications (Fraud Detection and Security Management, Customer Experience Management, Business Process Management, GRC Management), Service, Vertical and Region – Global Forecast to 2026″, published by MarketsandMarkets™,  the global Data Fabric Market size to grow from USD 1.0 billion in 2020 to USD 4.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 26.3% during the forecast period.

Various factors such as increasing volume and variety of business data, emerging need for business agility and accessibility, and growing demand for real-time streaming analytics are expected to drive the adoption of the data fabric solutions and services.

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211 – Pages

The COVID-19 pandemic has forced businesses to find new alternatives for speedy recovery and attention to the urgent need to access enough data in crisis times. Disparate data stores hamper the efforts of business leaders to make fully informed decisions. Using a modern data architecture approach called data fabric, Ernst & Young (EY) developed Business Resiliency Data Fabric that enables access to data wherever it lives. Data fabric supports rapid technological change while increasing data entropy. To help alleviate the consequences of COVID-19, Denodo launched the Coronavirus Data Portal (CDP), a collaborative initiative that leverages data virtualization to unify critical datasets originally exposed in different formats from multiple sources and countries and make the unified data open to everyone. Using the CDP and the data virtualization capabilities of the Denodo Platform, pmOne created detailed reports and AI analysis, seamlessly orchestrating all the information streams in the pmOne Share Cockpit. The collaboration of Denodo and pmOne provided the global community with trustworthy, up-to-date data about COVID-19 that can be used to develop new intelligence about COVID-19 and reduce its impact. Banks have transitioned to remote sales and service teams and launched digital outreach to customers to make flexible payment arrangements for loans and mortgages. Grocery stores have shifted to online ordering and delivery as their primary business. Schools in many locales have pivoted to 100% online learning and digital classrooms. Doctors have begun delivering telemedicine, aided by more flexible regulation. These approaches have resulted in the rise of volume and variety of business data, the rise in need for business agility and data accessibility, and increasing demand for real-time streaming analytics, contributing to the growth of the Data Fabric Market

 
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The services segment to hold higher CAGR during the forecast period

Based on components, the Data Fabric Market is segmented into software and services. Data fabric makes the movement of data between cloud, storage systems, and data centers smoother, with low latency contributing to the adoption of data fabric software. The services segment, on the other hand, has been bifurcated into consulting services, support and maintenance, and education and training services. The services segment is expected to account for higher CAGR during the forecast as services are required by organizations to bring about effective data fabric implementation strategies that can be handled by third-party companies, and the organizations can concentrate on their core businesses.

The large enterprises segment to hold largest market size during the forecast period

The Data Fabric Market has been segmented by organization size into large enterprises and SMEs. The market share of large enterprises is higher; however, the market for SMEs is expected to register a higher CAGR during the forecast period. The demand for data fabric is accelerating due to its cost-effective and time-efficient feature; its growth is specifically high in large enterprises, where low-cost solutions are in demand.

The cloudsegment to have higher CAGR during the forecst period

Based on deployment mode, the market has been segmented into on-premises and cloud. The on-premises segment is expected to hold largest market size while the cloud segment is expected to account for higher CAGR during the forecast period due to the ease of using only the functionalities without knowing the implementation. The cloud deployment mode is being widely adopted by enterprises in all regions where data security is a major concern.

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Banking, Financial services, and Insurance segment to have the largest marketsize during the forecast period

The Data Fabric Market by vertical has been categorized into 9 different verticals, namely, BFSI, telecommunications and IT, retail and e-commerce, healthcare and life sciences, manufacturing, government, energy and utilities, media and entertainment, and others. The other verticals comprise transportation and logistics, travel and hospitality, and education. The market size of BFSI segment is expected to be the largest as data fabric can help financial institutions by providing a flexible means for ingesting data from enterprise and external systems, storing data securely, generating insights, and providing access through data services (APIs) while maintaining cost efficiency. This leads to its adoption in the BFSI sector.

North America to hold largest market size during the forecast period

North America has been at the forefront in driving the major portion of the revenue generated by the data management and analytics vendors. State-of-the-art infrastructure, high funding opportunities, widespread customer base across several industries, and availability of a highly-skilled workforce have been major contributors to the innovation and early adoption of various technologies such as big data and related technologies, analytics, and IoT. Rapid digitalization across industry verticals, increasing adoption of IoT-enabled technologies, and technological advancements are fueling the adoption of data fabric in North America.

Major vendors in the global Data Fabric Market include Denodo Technologies (US), Global IDs (US), IBM Corporation (US), Informatica (US), NetApp (US), Oracle Corporation (US), SAP SE (Germany), Software AG (Germany), Splunk (US), Talend (US), Dell Technologies (US), HP Enterprise (US), Teradata Corporation (US), TIBCO Software (US), Precisely (US), Idera (US), Nexla (US), Stardog (US), Gluent (US), Starburst Data (US), HEXstream (US), QOMPLX (US), CluedIn (Denmark), Iguazio (Israel), and Cinchy (Canada).

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.

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Smart Buildings Market Size, Share and Global Market Forecast to 2025 | MarketsandMarkets

According to a market research report “Smart Buildings Market  by Component (Solution (Safety and Security Management, Energy Management, Building Infrastructure Management, Network Management, IWMS), Services), Building Type (Residential, Commercial, Industrial), Region – Global Forecast to 2025″,  published by MarketsandMarkets™, the Smart Buildings Marketsize is expected to grow from USD 66.3 billion in 2020 to USD 108.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period.

The major drivers for the Smart building include the rising adoption of IoT-enabled building management system, rising awareness of space utilization, increased industry standards and regulations, and increase demand for energy-efficient system.

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The safety and security management solution in the solution type segment is expected to lead the Smart Buildings Market in 2020.

The safety and security the prime concern for most of the buildings be they residential or commercial. Access control and video surveillance systems help to track every activity across a facility. This helps to detect intruders and keep the environment safe. Rising deployment of advanced access control systems, video surveillance systems, and fire and life safety systems to safeguard the occupant and assets is contributing to the high market share if this segment.

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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North America to lead the Smart Buildings 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 Canadas 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.

Market Players

The major vendors covered in the Smart Buildings Market include 75F (US), ABB (Switzerland), Aquicore (US), Bosch (US), BuildingIQ (US), Cisco (US), CopperTree Analytics (Canada), ENTOUCH (US), Hitachi (Japan), Honeywell (US), Huawei (China), IBM (US), Igor (US), Intel (US), Johnson Controls (Ireland), KMC Controls (US), Legrand (France), Mode: Green (US), PTC (US), Schneider Electric (Germany), Siemens (Germany), Softdel (US), Spaceti (Czechia), Telit (UK), and Verdigris 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, “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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Global Sales Enablement Platform Market Will expected to grow $2.6 billion by 2024

According to new market research report on “Sales Enablement Platform Market by Component (Platform And Services), Organization Size, Deployment Type, Industry Vertical (BFSI, IT & Telecom, Consumer Goods & Retail, Healthcare & Life Sciences, Manufacturing), and Region – Global Forecast to 2024″ The global sales enablement platform market size is expected to grow from USD 1.1 billion in 2019 to USD 2.6 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 19.8% during the forecast period.

The growing demand to improve internal sales process, scaling sales effort with the help of advanced technology, and increasing sales deal closure rates are some of the major factors driving the growth of the sales enablement platform market.

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123 – Pages   

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BFSI vertical to hold the largest market size in the global sales enablement platform market during the forecast period

The Banking, Financial Services, and Insurance (BFSI) vertical is undergoing massive disruption, driven by regulatory changes and competitive pressures. With the advent of mobile technology, customers’ preferences and behavior are changing. Today, digital banking applications have grabbed a large share of customer transactions. Enterprises are emphasizing on adopting the sales enablement platform to boost the performance of their sales and marketing representatives which leads to better customer satisfaction and engagement.

The services segment to grow at the highest CAGR during the forecast period

Sales enablement platform services have a wide scope of usage, ranging from assistance to client for deployment of platform, strategy and implementation, to cater to business-specific needs of organizations. Sales enablement services help businesses bridge legacy systems to modern applications, and take care of training and implementation work so that client can focus on their core business. This has created opportunities for vendors to provide services to enterprises across different industry verticals and help them deal with complexities while configuring the sales enablement platform.

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

North America is estimated to account for the highest share of the market in 2019. The region comprises developed countries, such as the US and Canada, and is considered the most advanced region in terms of adopting digital technologies. The North American region exhibits a wide presence of key industry players offering sales enablement platform and services and its financial position enables it to invest majorly in leading tools and technologies for effective business operations.

Some of the major vendors in the Sales Enablement Platform Market are SAP (Germany), Bigtincan (US), Upland Software (US), Highspot (US), Seismic (US), Showpad (Belgium), Brainshark (US), ClearSlide (US), ClientPoint (US), Accent Technologies (US), Quark Software (US), Bloomfire (US), Qorus Software (US), Pitcher (Switzerland), Mediafly (US), Rallyware (US), MindTickle (US) and Qstream (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 
Suite 430 
Northbrook, IL 60062 
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Digital Identity Solutions Market Size, Share and Global Market Forecast to 2024 : MarketsandMarkets

According to a market research report “Digital Identity Solutions Market by Solution (Biometrics and Non-Biometrics), Authentication Type, Deployment Mode (Cloud and On-Premises), Organization Size (SMEs and Large Enterprises), Vertical, and Region – Global Forecast to 2024″, published by MarketsandMarkets, the digital identity solutions market size is projected to grow from USD 13.7 billion in 2019 and expected to reach USD 30.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 17.3% from 2019 to 2024.

The increased focus on enhanced customer experience is anticipated to be a major driver, and the trend is expected to continue for the digital identity solutions industry. Additionally, the need of multi-purpose single digital identity and technological advancements in terms of Artificial Intelligence (AI), Machine Learning (ML), and blockchain have bolstered the potential use cases across verticals.

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By solution, biometrics to hold a larger market size during the forecast period

Digital identity management solutions evolved from passwords to biometric authentication, such as fingerprint, facial recognition, retina or eye scan, handprint, and voice recognition. The biometric features are unique for every individual. These solutions follow lock and capture mechanism to authenticate the individual and allow access to specific set of services. Biometric solutions are more secure than conventional passwords systems. These solutions also use multi-factor authentication to add an extra layer of protection. Hence, the biometrics segment is expected to be the fastest-growing segment during the forecast period.

Retail and eCommerce vertical to be the fastest-growing vertical during the forecast period

The retail sector is rapidly implementing digital identity solutions to support business stability and improve the level of competitiveness. Retail is one of the top cost-conscious verticals and is the most targeted one for cyberattacks due to potential payouts and a huge number of monetary transactions Offered by credit card providers, such as Visa and MasterCard.  In addition, the increasing complexities of supply chain, employees, channel partners, and customers are expected to force retailers to adopt managed authentication services. Retailers need stronger and faster authentication technologies for seamless flow of working. Digital identity solutions help improve customer experience and reduce cost and resource expenditure. Digital identities, such as face recognition help retailers proactively prevent organized retail crimes. Hence, digital identity solutions are gaining traction in the retail and eCommerce vertical to safeguard users from potential critical incidents and enhancing customer experience.

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North America to hold the highest market share during the forecast period

North America has sustainable and well-established economies, which empower it to invest significantly in Research and Development (R&D) activities, thereby contributing to the development of new technologies in the digital identity solutions market. The presence of key players is expected to be the major factor driving the growth of the market in this region. Companies, such as Telus Corp, ForgeRock, Jumio, Duo Security (Cisco), and Imageware Systems, along with several startups in the region, are offering digital identity solutions to cater to the needs of customers.

Market Players

The major vendors covered in the digital identity solutions market include NEC (Japan), Samsung SDS (UK), Thales Group (France), GBG (UK), Telus (Canada), IDEMIA (France), Tessi (France), ForgeRock (US), Jumio (US), Refinitiv (UK), Duo Security (Cisco) (US), AU10TIX (Cyprus), Imageware Systems (US), Verisec (Sweden), vintegrisTech (Spain), Signicat (Norway), Smartmatic (UK), Syntizen (India), Intesa (IBM) (Italy), and RaulWalter(Estonia).

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.

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Maritime Satellite Communication Market Size, Growth, Trends and Forecast to 2025 | MarketsandMarkets

According to new market research report on “Maritime Satellite Communication Market by Component (Solutions and Services), Solution (VSAT and MSS), Service (Tracking and Monitoring, Voice, Video, Data), End User (Merchant Shipping, Offshore, Government), and Region – Global Forecast to 2025″, size is expected to grow from USD 2.3 billion in 2020 to USD 3.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period. Escalating the need for enriched data communication to improve operation efficiency, onboard security & surveillance, and employee/passenger welfare in maritime is driving the market.

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Furthermore, The major factor driving the maritime satellite communication market is the need to attain improved connectivity between the land and sea operations and realizing benefits in faster repair times, preventative maintenance, fuel-saving, and real-time navigation.

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Ka-band segment to account for the largest market size during the forecast period

This section studies the maritime satellite communication VSAT portfolio. Ka-band operates under frequency 26.5-40 GHz. It is an extremely high frequency, commonly used in HD satellite TV. It is used by the maritime industry to support marine VSAT services. Ka-band incurs significant implementation cost but relatively low maintenance. It is susceptible to rain fade. Inmarsat was the first company to provide Ka-band VSAT services. As more Ka-band bandwidth becomes available, other players also started using Ka-band to deliver their communication services

The video service segment to account for the largest market size during the forecast period

The video service segment of the maritime satellite communication service includes streaming of high definition photos & videos and online TV channel broadcast services. Video services enable the crew to get in touch with family through videoconferencing, get information & update on news, sports, and favorite TV programs, and many other services. Live video service can help onboard technicians to get live assistance from experts to resolve problems. High-quality live video transfer needs reliability and sufficient bandwidth.

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APAC to account for the highest market share during the forecast period

The maritime satellite communication market in APAC is the largest in terms of market size. APAC is the fastest-growing region in the maritime satellite communication market. Many countries in the APAC region are likely to adopt maritime satellite communication solutions owing to high demands, specifically in the oil and gas, merchant shipping, mining, and passenger shipping verticals. The APAC region is implementing maritime satellite communication solutions significantly. The maritime satellite technology has been adopted in this region to incorporate advanced communication networks to communicate with employees, such as crew working at remote offshore locations.

The major maritime satellite communication market vendors include Inmarsat (UK), Iridium Communications (US), Thuraya (UAE) Hughes Network Systems (US), KVH Industries (US), Viasat (US), Speedcast (Australia), ST Engineering (Singapore), NSSLGlobal (England), Marlink (France), ORBOCOMM (US), Navarino (Greece), Network Innovations (Canada), GTMaritime (England), AST Group (UK), Isotropic Networks (Wisconsin), Norsat International (Ontario), Satcom Global (Canada), Intelsat (US), and Orbit Communication Systems (Israel).

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.

M&M’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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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5G Services Market Size, Share and Global Market Forecast to 2026 : MarketsandMarkets

According to new market research report on “5G Services Market  by End User (Consumers and Enterprises), Enterprise (Manufacturing, Media and Entertainment, Transportation and Logistics, Government), Application, Communication Type (eMBB, MMTC, URLLC, and FWA), and Region – Global Forecast to 2026″,  published by MarketsandMarkets™, the 5G Services Marketsize is expected to grow from USD 53.0 billion in 2020 to USD 249.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 29.4% during the forecast period.

The transformation to the 5G ecosystem is expected to witness 3–4 times faster growth rate than other connectivity transformations. This is primarily due to the rapid innovation in virtualization in the networking domain, coupled with the growing numbers of applications, which require a latent-free connection. The above factors have resulted to expect rapid adoption of 5G services, followed by a quick roll out of 5G services by other developing economies.

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246 – Pages

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Healthcare segment to grow at the highest CAGR during the forecast period

5G opportunities in healthcare rely on a combination of massive IoT and enhanced broadband to support telemedicine. 5G will help improve diagnoses requiring multiple connections at a remote site (patient dialysis at home or remote control of medical equipment). Telemedicine and connected equipment inside hospitals will be possible using 5G. For instance, massive IoT strides had already been taking place ahead of events in 2020. Consider Saratoga Hospital in Saratoga Springs, NY, US. The hospital found itself bogged down with administrative tasks, such as taking patients vital signs every few hours and manually logging the results. 5G services were dopted by the hospital to improve the service and healthcare during the pandemic.

uRLLC segment  is expected to grow at the highest CAGR during the forecast period

Ultra-reliable low-latency communication (URLLC) use cases such as autonomous systems and mission-critical control are going to gain traction, which increase the speed and quality of services in critical functions. The automotive industry has been an early adopter of various connectivity technologies. There has been a major impetus by car manufacturers to develop connection-ready cars, taking small steps forward within a long-term vision of autonomous vehicle control using URLLC. Service providers may decide to provide focused offerings end-to-end as the principle B2B services provider. So for example they may supply services, including high-definition cameras to a car manufacturer that requires 5G and URLLC on a production line.

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Asia Pacific (APAC) region to record the highest growing region in the 5G Services Market

APAC has several growing economies, such as  China,  South Korea, Australia and Japan, which are expected to register high growth in the 5G Services Market. These countries have always supported and promoted industrial and technological growth. In addition, they possess a developed technological infrastructure, which is promoting the adoption of 5G services solutions across all industry verticals. The network market in APAC is driven by the growing acceptance of cloud-based solutions, emerging technologies such as the IoT, and big data analytics and mobility. APAC is one of the biggest markets for connected devices

Key and innovative vendors in 5G Services Market  are AT&T (US), China Mobile (China), SK Telecom (South Korea), Verizon (US), BT Group (UK), Deutsche Telekom (Germany), T-Mobile (US), China Telecom (China), Orange S.A (France), Vodafone (UK), China Unicom (China), Telstra (Australia), Telefonica (Spain), KT (South Korea), Rogers (Canada), Bell Canada(Canada), Etisalat( UAE), STC (KSA), LG U+( South Korea), NTT Docomo (Japan), KDDI (Japan), Telus (Canada), Swisscom (Switzerland), DISH (US), Reliance Jio(India), Rakuten (Japan), MTN ( South Africa), Airtel (India),and  Telenor Group (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 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:
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Business Process Automation Market Size, Share and Global Market Forecast to 2026 : MarketsandMarkets

According to new market research report “Business Process Automation Market by Component, Deployment Type, Organization Size, Business Funtion (Sales and Marketing, HR, Acoounting and Finance, Supply Chain, Customer Service Support) Vertical, and Region – Global Forecast to 2026″,published by MarketsandMarkets™,  the global Business Process Automation (BPA) Market size is expected to grow from USD 9.8 billion in 2020 to USD 19.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period.

The Increased need for optimized resource utilization through automated business processes, rising demand of automated IT systems, growing demand for streamlining communication across varied business functions in organizations, and business agility are a few factors driving the growth of the BPA solutions.

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The market is expected to be driven by the for optimized resource utilization through automated business processes

The BPA platform automates repetitive manual processes and workflows. This enables users to automate their tasks and activities across a range of areas, including sales and marketing, HR on boarding, accounting, and customer support services, and provide integrations of different business systems for flexibility and ease of use. BPA solutions enable organizations to significantly reduce the time and cost needed to model and implement business processes, services, and applications. The rising popularity of these solutions can be attributed to the increasing need for streamlining business flows, adapting business processes, and continuously improving workflows to become more responsive toward customers’ dynamic requirements. They improve operational performance by automating and standardizing activities within enterprises. They also offer effective ways to connect heterogeneous systems within organizations, improve data quality, and reduce data entry efforts through workflow automation. Furthermore, they reduce the time required to create and modify business rules.

Increased scalability and flexibility is driving the adoption of cloud-based deployment

SMEs are majorly moving toward the adoption of the cloud deployment type due to its major benefits, such as lower costs, no requirement of manpower for hardware maintenance, faster and efficient results, and complete flexibility and scalability, which result in reduced Operational Expenditure (OPEX) and CAPEX. Seamless flexibility and scalability enable customers to easily store and retrieve actionable insights anytime and anywhere. The cloud-based deployment type enables users to easily access BPA platforms from a remote location in real time. Cloud-based BPA platforms provide cost-saving benefits, which improve enterprises’ operational efficiency and reduce operational costs. Lower maintenance costs and less workforce are expected to drive the adoption of cloud-based BPA platforms across verticals.

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North America to dominate the global BPA Market in 2020

North America has always been technologically ahead in terms of the adoption of advanced technologies due to high awareness among enterprises regarding the benefits and presence of expertise among the workforce to develop innovative solutions across all technology segments. The BPA market is another technological segment where enterprises in North America have stayed ahead in the curve to enhance sales and marketing strategies. This growth can be attributed to organizations’ shift from on-premises to cloud-based solutions and services, along with the adoption of digital business strategies. The trend is expected to continue during the forecast period. North America is an advanced market due to the presence of many players offering BPA solutions. Moreover, its strong financial position enables it to invest heavily in the adoption of the latest and leading tools and technologies for ensuring effective business operations. Such advantages help organizations in this region gain a competitive edge. North America has the first-mover advantage in the adoption of new technologies, such as Smartphone’s and cloud platforms.

Market Players

The Business Process Automation Market includes major vendors, such as IBM (US), Pegasystems (US), Appian (US), Kissflow (India), Laserfiche (US), Nintex (US), Oracle (US), Software AG (Germany), Salesforce (US), Microsoft (US), Bizagi (UK), OpenText (Canada), TIBCO (US), Creatio (US), Genpact (US), DXC Technology (UK), Newgen Software (India), Bonitasoft (France), Kofax (US), FlowForma (Ireland), AuraQuantic (US), AgilePoint (US), Automation Hero (US), Quickbase (US), and Cortex (UK).

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.

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Email: sales@marketsandmarkets.com

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