Terminal Management Systems Market Adopts Innovation to Stay Competitive, 2018 – 2025

Terminal management system runs, manages and supports wide-ranging terminal networks from central and remote locations for sectors including oil and gas and chemical as well as banking and manufacturing sector. They help in managing and monitoring numerous terminals from a single location in a well-planned manner. Thus, terminal management systems help in aligning business objectives with its technology solutions. They offer a flexible and scalable solution thus ensuring security and safety at industry’s several locations. Apart from this, terminal management systems provide other functionalities including storing and distributing data in real time. They are largely being deployed for faster growth and streamlining business processes.

Seamless integration between various business operations and cost control through terminal management systems are the driving factors for terminal management systems market. Owing to the rapidly developing technology, terminal management system provide standardization of business processes which also includes centralized system for real-time monitoring and reporting. Moreover, terminal management systems provide effective contract management and planning which results in business growth owing to association between clients and partners. With increasing number of locations, the cost associated to personnel and operational requirement increases which can be reduced by deploying a terminal management system. Thus, it is expected to result in effective utilization of resources and assets of a company, further optimizing cost allocation of a project.

Threats affecting the terminal management systems market is the lack of technical expertise to undertake a terminal management solution and development of business-critical modules. However, these days, industries are shifting towards outsourcing and contracting in and out terminal management alternatives to reduce personnel and operational cost with increasing locations.

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New opportunities that are expected to signal growth to terminal management systems market include the increasing demand from oil and gas industries across the world. Oil and gas is a critical industry vertical that needs proper monitoring, and control for extraction, storage as well as distribution. At present, several oil and gas industries are implementing terminal management solutions to design a purpose-driven approach for their increasing number of locations. Since, terminal management system ensures a safe and automatic functioning of business management operations, it is expected to explore opportunities in the oil and gas industry vertical in all the phases, upstream, midstream and downstream in the forthcoming period.

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Predictions for the Future of AR Gaming Market by TMR

Augmented reality gaming, or AR gaming, refers to the synchronization of visual and audio content of a game with the user’s environment in real time. Augmented reality (AR) gaming aims at connecting the virtual world with the real world and utilizes the existing environment to create a playing field with it. AR gaming operates in devices such as smartphones, laptops, tablets, and portable gaming systems. A pre-created environment is superimposed on a real-life environment in AR gaming.

In AR gaming, the experience of gaming is characterized into four aspects, viz., emotional, mental, social, and physical. There is a rising trend of using augmented reality in the entertainment industry. AR in the entertainment industry provides a much more interactive style of game play compared to traditional game plays. ARQuake is a well-known AR games in which the user has to wear a head-mounted display to play the game. The global AR gaming market is estimated to expand at a consistent growth rate during the forecast period due to the benefits of AR gaming in education, which provide enhanced learning techniques.

Rising affordability of AR games coupled with increasing availability are key factors that are anticipated to drive the global AR gaming market. Leading organizations have been investing in incorporating AR gaming techniques in mobile devices, such as smartphones and tablets, which provide improved and enhanced gaming experience, and leads to expansion of the developers of AR gaming techniques.  Increasing collaboration of technology providers with manufacturers of devices who offer innovative gaming solutions is further projected to increase the demand for AR gaming devices, and thereby drive the global AR gaming market during the forecast period.

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Concerns regarding privacy are likely to hinder the expansion of the global AR gaming market during the forecast period. AR gaming users often reveal their personal information, which creates a threat to their privacy. However, some users play as anonymous gamers, which prevents the revelation of any kind of personal information of the AR gaming user.

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Virtual Customer Premises Equipment Market Adopts Innovation to Stay Competitive, 2018 – 2024

The research study is expected to witness progressive growth in the next few years, thanks to the growing demand for mobility. The enhancement of time to market and and the avoidance of downtime for network infrastructure are some of the key factors estimated to encourage growth of the global virtual customer premises equipment market in the near future. With these factors, the market is expected to register a healthy growth rate in the coming years.

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The market intelligence study allows readers and new players to get a clear understanding of the global virtual customer premises equipment market. The primary applications, product portfolio, technological developments, and the geographical segmentation of the global market have been discussed at length to offer a detailed analysis. In addition, with the help of analytical tools, the research study throws light on the key drivers, latest trends, challenges, limitations, and the promising opportunities in the global virtual customer premises equipment market. Furthermore, a detailed overview of the competitive landscape of the market has been given in the study with a list of the prominent players operating in it. The company profiles, product portfolio, financial status, business policies, SWOT analysis, and the recent developments have been discussed at length in the scope of the report.

Global Virtual Customer Premises Equipment Market: Drivers and Barriers

The growing demand for cloud-based and mobility solutions and the cost benefits, owing to the reduction in the maintenance of hardware are some of the vital factors anticipated to fuel the growth of the global virtual customer premises equipment market throughout the forecast period. In addition, the rising implementation of private clouds across diverse organizations is another factor expected to accelerate the growth of the overall market in the next few years. As virtual customer premises equipment allows the modification of physical network infrastructure into share-able virtual resources is expected to contribute significantly towards the development of the overall market.

On the flip side, the rising security concerns regarding virtual architecture is expected to restrict the growth of the global virtual customer premises equipment market in the next few years. In addition, the reliability issues and the lack of skilled workforce are some of the other factors estimated to hamper the growth of the overall market in the next few years. Nevertheless, the virtualization of technology allows information exchange, group discussions, and online programs, which are anticipated to boost the demand for virtual customer premises equipment in the near future.

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Carbon Footprint Management Market: Report Highlights The Competitive Scenario With Impact Of Drivers And Challenges 2024

Carbon footprint is a measure of the total amount of greenhouse gases produced to directly or indirectly support given activities, which may either be human or machine oriented. This is usually expressed in equivalent tons of carbon dioxide (CO2). The global carbon footprint management market is made up by the solutions and services that help manage carbon footprint. Over the course of the last few years, the global footprint management market has grown substantially. Growing concerns about climate change, global warming and the need for an international agreement on carbon emission has directed the market’s growth.

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The factors favorable for the global carbon footprint management market’s growth include the increased implementation of a standardized regulatory framework and government initiatives to promote low carbon emission policies. Growing concerns about enterprise sustainability and corporate social responsibility (CSR) programs among the corporates is expected to drive this market. The increasing implementation of analytics to use the insights from data and its associated processes for improved decision-making is also anticipated to drive this market.

The high cost associated with the replacement of existing infrastructure with greener and low carbon emitting infrastructure is expected to be one of the restraints on the growth of global carbon footprint management market. Lack of clarity about the regulatory landscape and strategic benchmarking is further expected to hamper growth. The high initial investment is expected to present barriers toward the entry of new players into this market.

The global carbon footprint management market is expected to witness immense growth opportunities from the modernization of IT and telecom infrastructure. Carbon footprint management, which is becoming increasingly important for energy-extensive industries, is anticipated to provide favorable avenues of growth in this market. The shift to ultra-low-emission transportation is also anticipated to favor market growth. Additionally, support for the carbon trading market is expected to provide opportunities for market growth.

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Global Human Capital Management (HCM) SaaS Market 2019 To See Worldwide Massive Growth

Human capital management (HCM) SaaS is a cloud-based human resource management software that offers integrated functionality for small and mid-sized companies. The human resource management functions offered by HCM SaaS include the management of staff profiles, attendance, training, performance and review, payroll and benefits, workforce directory and analytics, and networking among employees.

Owing to these various integrated functions and solutions offered by the HCM SaaS software, it helps in streamlining of human resource functions, business intelligence functions, and various reporting activities, thereby improving the operational efficiency of a company. Compared to traditional alternatives, cloud-based HCM solutions do not require any hardware and can be remotely deployed. Additionally, remote access through the web and mobile from any place and at any time offer added advantages to users.

Lower deployment costs and maintenance expenses than traditional human resource management solutions are some of the major factors driving the growth of the HCM SaaS market. Additionally, the growing need to streamline human resource functions is fuelling the HCM SaaS market. With growing size of organizations and competition among adversaries, there is a budding need to predict an employee’s contribution and long-term growth in an organization, coupled with other strategic analyses of performance and achievements. This is fuelling the demand for the HCM solutions market.

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For small and mid-sized companies, HCM SaaS solutions are the preferred choice owing to their low cost, data mobility, and ease of access benefits. Additionally, increased adoption of cloud solutions and services is further aiding the growth of the market for HCM SaaS solutions. Furthermore, a rise in demand among organizations for the improvement of workforce management and creating talent mobility are aiding in the market growth of HCM SaaS solutions. However, lack of awareness regarding the existence of HCM SaaS solutions is a major hindrance toward the growth of the HCM SaaS market. Nonetheless, with the advent of the Internet of Things (IoT), machine learning and automation of functions are expected to present future growth opportunities for the HCM SaaS market.

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Network Function Virtualization Market Seeking Growth from Emerging Players, Sourcing Strategy and Downstream Buyers To 2024

Network function virtualization (NFV) represents the shiftof focus from hardware to software in the telecom industry, with operators making loftier investments in software than in storage, server, and switch hardware. The software segment accounted for a major share in the network function virtualization market in terms of revenue contribution. Geographically, this market is distributed over North America, Europe, Asia Pacific, Middle East &Africa (MEA), and Latin America.North Americadominated the global demand for network function virtualization in 2015 and is expected to retain its position over the forecast period, thus creating considerable opportunities for market players. The U.S. is a significant contributor to the growth of network function virtualization due to the superior technological infrastructure in the country and its acceptability of innovative and niche systems such as network function virtualization which are anticipated to experience rapid growth, propelling the market in North America.

The market is primarily driven by the commercial deployment of NFV by telecom operators such as Telefónica, AT&T, Verizon, and CenturyLink. The migration to the 5G network further pushes the need to deploy NFV technologies. Leading vendors intending to improve customer experience of network usage is also projected to play a role. Asia Pacific is a highly attractive market for network function virtualization in terms of growth potential owing to the consumer awareness in this region. Latin America is a potentially attractive market for and its share is likely to rise over the forecast period.

The network function virtualization market is highly competitive with the presence of large-scale as well as small-scale global and regional vendors. All the companies race against each other to increase their respective shares of revenue in the market. This cut-throat environment is projected to further intensify with new entrants in the market, which is primarily motivated by technological upgrades of existing services. To survive and gain success in this market, it is important for leading companies to distinguish their services through a unique and clear value proposition.

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Establishing communities such as Open NFV and strong partnerships are predicted to strengthen their market positions and generate revenue. Deployment of network function virtualizationis majorly implemented by service provider networks such as Telefónica, Vodafone, AT&T, and Orange. Competition between vendors offering similar solutions is more intense compared to that in the total market. In order to gain a competitive edge and to meet increasing demands, network function virtualization companies focus on providing services that increase efficiency and reliability.

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Smart Connected Assets and Operations Market Is Set For A Rapid Growth By 2024

The Internet of Things has become a globally adoptive technological solution which has shown a significant shift from the academic circles to various other industry. This is predominantly, due to the development of cost-effective sensors, affordable connectivity, accessible cloud platforms, effective processing and storage capabilities of large amounts of structured and unstructured data by the big data platforms, abundant mobile applications and smart machine learning tools. Enterprises, nowadays have become acquaintance to IoT and have enabled it as an innovative solution to solve business problems. One such problem where industrial internet of thing is applied for the efficient management, monitoring and maintenance of enterprise’s asset and operation.

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Smart connected asset and operation are the devices used by the enterprises to produce and deliver goods and services that can efficiently sense and respond to internal and external environment in a prompt and accurate manner. The smart connected asset and operation devices are well aware of environment and can react to design and configuration, support customer requirement or supplier performance and even handle inventory and maintenance schedule.

Assets that have been installed and managed for years have decades of historical information. These information reside in various places such as paper files, dataset and knowledgeable workforce. To extract more information from assets, companies are embarking on digital transformation by deploying more and more smart sensor at multiple touch-points.

Smart connected operation provides a comprehensive path for managing factory and its production line. It significantly transform the manufacturing operation and allow manufacturer to have real time analysis of operation data through predictive analytics technology. Smart connected asset and operations are developed through convergence of big data analytics and, cloud and mobile technologies that are merging traditional Informational and operational technology (IT/OT). Smart connected asset and operation are one of the strategic objective that an asset intensive organization are following as it allows an enterprise to move beyond real-time control to predictive control and ultimately to autonomous operation.

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