Telecom Expense Management Market By Technology, By Application & By End User Industry

The global telecom expense management (TEM) market is envisaged in a report by Transparency Market Research (TMR) to hold a significantly fragmented nature for its vendor landscape. Use of multiple delivery channels for operation could be commonly observed in regional and domestic markets. Taking into account their flexibility and cost benefits, cloud-based services may welcome the shift in the market from licensed software products. Vendors could receive business from enterprises that show preference for external resources in order to boost their core business processes. This is expected to strengthen demand for TEM process outsourcing. The market marks the presence of top companies such as Ezwim B.V., Anatole SAS, and Asentinel LLC.

TMR projects the global TEM market to be valued at a US$4.92 bn by the completion of 2024, growing at a 13.5% CAGR during the forecast period 2016-2024. By mode of delivery, cloud services could secure a king’s share of 39.8% by the final forecast year. Regionally, North America is envisioned to take the driver’s seat of the market while expanding at a CAGR of 8.9%.

Adoption of Advanced Communication Channels Augments Demand

Difficulty in manual monitoring of telecom networks in large as well as small and medium-sized enterprises (SMEs) and their intensely complex nature are predicted to increase the need for TEM. Massively developing corporate telecom infrastructure and increasing integration of mobile devices with enterprise networks could be primary reasons for complexity of telecom networks. There could be a high requirement of efficient TEM solutions due to improved adoption of advanced communication channels by enterprises for connecting with clients and employees.

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Advancement of Digitalization Expected to Cause TEM to Lose Traction

Of course, there are various benefits of using TEM, but could it be a victim of digitalization? Expensive operational costs to insure, secure, configure, update, and maintain interoperability is forecasted to discourage adoption of TEM in the near future. Furthermore, complex data reconciliations and long implementation times could be other factors restricting the growth of the international TEM market.

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Dashboard Camera Market By Technology, By Application & By End User Industry

The global dashboard camera market marks the presence of a large number of players who are offering a wide range of products under driver-assistance systems, notes Transparency Market Research (TMR). A growing number of players are increasingly offering a variety of dashboard camera solutions to address the needs of original equipment manufacturers and fulfil the aftermarket requirements for solutions for road safety. Camera manufacturers and automotive players are constantly pursuing strategies based on improving their technical expertise to consolidate their position, finds TMR. This is expected to up the level of competition over the assessment period.

Top players operating in the dashboard camera market include DCS Systems Ltd., Pittasoft Co. Ltd., Qrontech Co., Ltd., Garmin International Inc, Harman International Inc, Papago Inc., and Delphi Automotive Systems Pvt Ltd.

The global dashboard camera market is projected to expand at a robust CAGR of 15.3% in between the forecast period of 2014 and 2020. Vis-à-vis revenue, the market stood at US$ 1,458.2 million in 2013 and is estimated to reach a worth of US$ 4.03 billion by the end of the forecast period.

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The various technologies used in dashboard cameras can be grouped into single lens or single channel, multi lens or dual channel, and rearview. Of these, single channel dashboard cameras accounted for the leading share in 2013 both in value and volume. The segment is expected to hold its sway through 2020, driven by the extensive demand of this dash cams by motorists. This is attributed to their low cost and easy set-up, which are substantially useful in filing insurance claims.

On a geographical front, the Asia Pacific accounted for the dominant share in 2013 and is also rising at the leading CAGR over 2014–2020. The widespread popularity of dashboard cameras among private and commercial vehicle owners in the key economies projects the regional market to the forefront.

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Surface Vision and Inspection Market By Technology, By Application & By End User Industry

Transparency Market Research’s new market study on the global surface vision and inspection market provides quantitative and qualitative analysis of the various segments of the market. The research report presents an in-depth analysis of the said market, wherein the past behavior, current trends, and future growth prospects are considered. The report, titled “Surface Vision and Inspection Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019”, is available for sale on the company’s website.

The global surface vision and inspection market was valued at US$1.2 bn in 2012. Displaying a CAGR of 8.90% from 2013 to 2019, the market is expected to attain a value of US$2.3 bn by 2019. The robust yet simple techniques that are used in surface vision and inspection processes are the major factor driving the global surface vision and inspection market, says the report.

The foremost utility of surface vision and inspection lies in determining the presence of requisite features as laid for terminal products, especially in manufacturing industries. Thus, employing this technique, the accuracy of the assembly of a product can be checked and flaws or defects pertaining to the surface of intermediate parts can be detected. Burned steel, seams, twists, scabs, laps, and guide marks are some of the common surface defects of intermediate components.

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Component, application, type, and region are the criteria based on which the global surface vision and inspection market is examined in this report. By component, cameras were the leading segment in the global market in 2012. However, it is the software and hardware segment that will exhibit the fastest growth during the forecast period. Due to the increasing demand for effectual and user-friendly procedures for scrutiny of hardware and software components, surface vision and inspection systems are growing in demand.

By type, camera systems and computer systems are the segments of the global market, of which computer systems were the dominant segment in 2012. Computer systems are equipped to handle complicated operations owing to their superior processing abilities, thereby making them effective for surface vision and inspection systems.

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Global Data Center Equipment Market Growth by Manufactures, Types, Applications and Regions

Transparency Market Research (TMR) has published a new market study on the global data center equipment market for the period from 2014 to 2020. The report, titled “Data Center Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”, forecasts the market for data center equipment to reach US$72.07 billion by 2020. TMR analysts state that the global data center equipment market was worth US$32.15 billion in 2013 and will display a 12.9% CAGR between 2014 and 2020.Digitalization of data across various industry sectors has created unparalleled demand for data storage and data backup facilities.

This, along with factors such as the need for security of data and improved efficiency, is driving demand for data centers.Investing in the IT infrastructure of an organization is a key focus of business executives across several industries such as BFSI, healthcare, telecommunications, and pharmaceuticals, among others. The data center sector has proven to be resilient and dynamic, with growing demand for digitalization of data, mushrooming social media, and innovations in cloud computing.

Increased use of cloud services, Big Data, and virtualization in the overall network ecosystem is driving growth of the data center equipment market. Additionally, increasing need for accessing and storing large volume of data is boosting the demand for data center equipment. However, due to the high energy requirement of data center equipment, effective power and cooling infrastructural facility is needed to support the equipment.

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As such, meeting governmental compliances and environmental orders regarding data center cooling systems remains the biggest challenge for most organizations.Data center equipment is widely used across several end-use industries, due to proliferation of digital data and for further effective data management to extract strategic information. Some of the end-use sectors of data equipment include telecommunications, manufacturing, government, healthcare, retail, and business enterprises, among others.

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Platform as a Service (PaaS) Market Specifications, Analysis Forecast Upto 2020

The global platform as a service (PaaS) market is predicted in a report by Transparency Market Research (TMR) to find players using the business tactic of reducing annual subscription fees to gain traction. Another tactic that could be adopted in the market is focusing on Asia Pacific and the Rest of the World where PaaS solutions are used at a rising rate. Such developing and cost-sensitive geographies of the market are expected to create strong growth opportunities in the near future. The market includes some of the top players of the industry such as Oracle, Software AG, and Red Hat.

TMR envisages the global PaaS market to reach a US$7.98 bn valuation by the end of 2020. By type of implementation, the segment of public cloud could dominate the market in the coming years. By region, North America is foreseen to take the lead in terms of growth.

PaaS Improves Adoption among End Users with OPEX and CAPEX Advantages

The global PaaS market is envisioned to increase growth on the back of the advantage of low capital investment because of the nature of the service model. PaaS cancels the need for provisioning hosting capabilities for the deployment of applications. As a result, it helps to save costs related to the purchase and management of required software and hardware products. Additional cost of upgrading systems to match up with increase in service usage could also be reduced with the help of PaaS. On the other hand, PaaS helps with lifecycle management, automated deployment, and resource sharing and reusing.

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Lack of Awareness Leading to Sluggish Adoption in SMEs Slams down Growth

SMEs are observed to adopt PaaS at a slow rate due to lack of awareness. While this could negatively impact the growth of the global PaaS market, there are other factors that may prove damaging. For instance, high market fragmentation at the regional level could challenge players operating in the market. However, the advent of OpenPaaS and business process as a service (BPaaS) is anticipated to set the tone for significant growth in the market. Besides this, opportunities in the infrastructure as a service (IaaS) market could be tapped into through increasing application of PaaS.

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Global Docking Station Market By Technology, By Application & By End User Industry

According to a recent market research report published by Transparency Market Research, the global docking station market is expected to develop at a CAGR of 5.3% during the period between 2014 and 2020. The report, titled “Docking Station Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”, estimates the overall market to reach a valuation of US$6.02 billion in 2020. The global docking station market was worth US$4.20 billion in 2013.

Docking station enables users to connect their portable devices such as mobile devices, hard drives, and laptops to a set of peripherals. Docking stations eliminate the need of peripherals such as speakers, monitors, mouse, and others to be connected to the portable devices through multiple cables. The report points out that the rising demand for smartphones, tablets, notebooks, and other handheld devices will push the growth of the global docking station market. Rising trend of bring-your-own-device (BYOD) and choose-your-own-device (CYOD) policies at workplaces will also augment the growth of the overall market during the report’s forecast period.

However, the report states that the lack of standardization in docking stations will negatively impact the market. Availability of cheaper alternatives will further restrain the docking stations market. The report identifies the development of universal docking stations with superior features as a key opportunity for the market to grow in the coming years. The scope of growth of the market is particularly high in Asia Pacific and in the Middle East countries.

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The prevailing trends in the global docking stations market impel manufacturers to focus more on delivering optimal mobile computing experience. Increased adoption of wireless docks with USB 3.0 ports will create new growth avenues for the market during the forecast period.

On the basis of product, the global docking station market has been segmented into hard drive (HDD) docks, laptop docks, and mobile devices docks. In 2013, laptop docking station segment held around 55% market share and emerged as the largest segment of the market. During the forecast period, the demand for mobile devices docks is expected to increase significantly.

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Aerostat Systems Market – Rising Need for Border Security to Boost Uptake

A majority of the presence of key players in the global market for aerostat systems is located in North America and Europe. These regions have consistently shown a high interest in surveillance strategies and the implementation of effective and long-term defensive tactics.

The presence of players such as Lockheed Martin Corporation, Aerostar International, Inc., and RosAeroSystems International has had a tremendous effect in boosting the demand for aerostat systems in these regions while simultaneously creating a high rate of product and material development for the same.

As per a research publication released by Transparency Market Research, the global market for aerostat systems is extremely consolidated with only a handful players taking up large chunks of the market value. Most of these companies directly cater to the defense sectors of various regions, which is the leading consumer of aerostat systems.

The global market for aerostat systems is expected to be valued at US$4.64 bn by the end of 2016 and US$10.10 bn by the end of 2023. This revenue is expected to expand at a CAGR of 13.8% within a forecast period from 2015 to 2022.

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By the end of 2022, the military sector is expected to generate a demand for aerostat systems valued at US$7.01 bn, making it the dominant application segment of aerostat systems till then. The military sector is also the leading application segment in terms of demand expansion, showing a CAGR of 14.0% from 2015 to 2022.

North America Retains Leading Consumption Rate of Aerostat Systems

North America, owing to its strong demand for aerostat systems from the defense sectors of the U.S. and Canada, is currently the dominant region in the usage of aerostat systems. This region is expected to remain the dominant one till 2022, at which time it is expected to reach US$2.73 bn in aerostat systems revenue.

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