Optical Communication Market is driven by Growing Need for Faster and Reliable Communication Networks

Optical communication or optical telecommunication is a process of sending information at a distance using light as a carrier. The optical communication system consists of a transmitter or a modulator, a channel and a receiver or a photo-detector. A transmitter encodes the analog information or signal into an optical signal; a channel carries the encoded signal from transmitter to destination, and a receiver reproduces the information from the encoded optical signal. The most commonly used channel for optical communication are optical fibers which carries the optical information to the destination. The light source requirement varies depending on the application such as long haul communication or local area network systems. Usually, Light Emitting Diodes (LED’s) are used for low data rate and short distance applications due to their low power and bandwidth capabilities.

On the other hand, Laser Diodes are preferred for high data rate and longer distance transmission applications due to their high power and high speed capabilities. A receiver or photo detector converts the light signal into an electrical signal using photoelectric effect. Most commonly used photo detectors are avalanche photo diode and PN photo diode which are made of germanium, silicon and InGaAs and its material composition varies as per the application’s wavelength requirements. Some of the advantages of optical communication over copper wire based communication are long distance signal transmission, transmission security, low attenuation, high bandwidth, smaller diameter, and light weight structure.

Growing need for faster and reliable communication networks, increase in number of data centers and rising adoption of cloud-based services are some of the factors responsible for the growth of the global optical communication market. Optical communication systems help to achieve extremely high bandwidth by transmitting data via light as optic signals. The introduction and growing adoption of new applications and technologies such as wearable devices, cloud computing, and Internet of Things (IoT) to address changing consumer demands is expected to boost the optical communication market.

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Furthermore, growing use of optical transceivers to upgrade existing telecommunication networks and launch of large mega data centers are likely to further push market revenues in the coming years. With the growing use of internet for smartphones and mainstream adoption of cloud computing technologies, the data center application segment is expected to witness significant market share over the forecast period. Although risks associated with optical network security because of fiber hacks is anticipated to be the restraining factor for market growth, growing broadband connectivity in developing countries and advancements in VoIP, LTE, and 5G network technologies presents huge market growth opportunities.

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Embedded Computing Ecosystem Market is driven by Rising Adoption of Consumer Electronics

Embedded computing ecosystem is a combination of embedded software and hardware components that are designed and developed to perform explicit dedicated functions in an electronic machine or device. The software and hardware are two significant parts of any embedded computing ecosystem and are triggered by a set of commands called protocol or a program to perform specific operations. Microprocessors (MPUs), microcontrollers (MCUs), or other custom designed integrated chips along with supporting software in Read Only Memory are essential for working of embedded computing systems. These systems have diverse features such as low power consumption, accuracy, high speed, reusability, adaptability, size, and reliability.

Some of the other component elements in an embedded computing ecosystem also include input/output devices, interfaces memory, display and others. In general, it includes power supply, storage, system application circuits, timers, and serial communication parts. Embedded computing systems are mainly used to monitor, control, or perform a particular function of an electronic system by implementing a fixed set of rules, commands, programs or plans. Such functions include data processing, reading inputs, generating & transmitting data, display output and others.

Embedded computing systems are extensively used in a variety of applications including office automation, home applications, security, automobile, banking and financial institutes, healthcare, defense, personal and other sectors. The market for embedded computing ecosystems is driven by rising adoption of consumer electronics along with increasing adoption of artificial intelligence.

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Other factors that are impacting the global embedded computing ecosystem market include rising digitization in industrial automation, healthcare and increasing demand in defense, automobile and other sectors. Globally, the applications of embedded computing systems are rising due to potential growth of emerging economies as well as evolution in Internet of Things (IoT) technology.

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Evolving Future Model of Next Generation OSS and BSS Market to be Flexible and Open

Next generation operation support systems (OSS) are computer systems used by telecom operators to manage their networks. This system supports management functions such as network configuration, network inventory, fault management, and service provisioning. Next generation business support systems (BSS) are used to support various end-to-end telecommunication services. Next generation OSS and BSS offers automation of billing, communication service, customer service, performance management, and network optimization.

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It helps telecommunication service providers to monitor, control, analyze and manage a telephone or computer network. Next generation BSS solutions help an organization to stay ahead of the competition by providing the flexibility to adapt to a constantly changing marketplace. Next generation OSS and BSS provides professional services and system development and integration.

The driving factor for the global next generation OSS and BSS market is the increasing penetration of mobile and smartphone devices and their network. Smartphone devices are the prime medium of using internet. Furthermore, telecommunication service providers are focusing on high value mobile application and their corresponding content to offer superior services. OSS and BSS infrastructure offers efficient business transaction, control industrial process, support enterprise communication, and updates the corporate database. Moreover, next generation OSS and BSS systems respond automatically to service and resource events.

Additionally, it helps carriers to improve their competitive power by enabling them to quickly deploy new services at a lower cost. However, the global next generation OSS and BSS market involves highly technical network management processes. This is hampering the growth of the market. Moreover, high initial cost of next generation OSS and BSS is restraining the growth of this market. Opportunities for the global next generation OSS and BSS market is to provide better customer experience management. OSS and BSS solutions are enabling vendors to launch new advancements and pricing plans. This results in business agility and innovation of the communication service.

The global next generation OSS and BSS market is segmented on the basis of architecture type, network, and geography. Based on architecture type, the market is categorized into revenue management, service fulfillment, customer management, account management, service assurance, and network management systems.

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Veterinary Software Market is driven by Rise in Occurrence of Zoonotic Diseases

Veterinary test is a medical process which involves the diagnosis and prevention of disease in animals and their treatment. This branch is gaining importance due to increase in animal population, increasing animal health expenditure, and growth in the number of veterinary practitioners and their revenue levels in developed countries. Veterinary practitioners use software systems to perform their operations with improved efficiency.

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This software system manages information of patients, treatment planning, and scheduling. It helps doctors, nurses or technicians to deliver treatments efficiently. This software is able to manage patient communications, influx, and payments. Besides, it provides an integrated system which enables users to accept payments, enter transactions, create customer invoices, and manage discounts. Veterinary software providers offer solutions for the management of single or multi-veterinarians for large animals, small animals, or mixed specialty practices.

The driving factor for the global veterinary software market is rise in occurrence of zoonotic diseases. Increasing occurrence has driven the demand for animal monitoring services and health diagnostics, which is anticipated to increase the demand for veterinary software over the estimated period. The implementation of integrated software systems for treatment and diagnostics is predicted to grow over the forecast period. Moreover, increase in adoption of pet animals fuels the growth of the veterinary software market.

Additionally, increasing product innovation and integration of additional functions by top companies in this market further increases the demand. For instance, Timeless Veterinary Systems, Inc. has introduced a new teleradiology platform. The company has offered veterinary radiologists with an affordable first-class system to manage their entire online consulting service. However, the lack of government initiatives and awareness is hampering the growth of the market. Moreover, high initial cost of veterinary software is restraining the growth of this market.

The global veterinary software market is segmented on the basis of software products, software delivery model, end use vertical, practice type, and geography. Based on software product, the market is segmented into practice management software, electronic medical records (EMR) management, imaging software and others.

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Enterprise Artificial Intelligence (AI) Market – Future Voice of the Enterprise

Artificial intelligence (AI) is the ability to process information in a way similar to the thought process of humans in learning, decision making, and problem solving. AI in enterprises is rapidly moving beyond hype and is expected to become one of the most significant technological segments. Enterprises are now identifying the value associated with integrating AI into their business processes. AI can be beneficial to enterprises in a number of ways that changes the way in which organizations communicate & innovate their processes, engage with customers, and assess the sales process.

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The number of commercial deployments of AI technology is rising significantly around the globe. Throughout the last few years, early adopting businesses of all sizes across various verticals began to reap benefits. Some of the key industry sectors already utilizing artificial intelligence include government, retail, financial services, manufacturing, automotive, and advertising.

Digital transformation to artificial intelligence helps enterprises in understanding extortion of data and utilization of data-driven intelligence. Extensive adoption of AI in enterprises is because majority of tasks which are delegated to AI are data-driven and therefore it can be easily measured or benchmarked. AI can take many different forms, from problem-solving applications and reasoning to social intelligence solutions and natural language generation. These techniques layered together form the AI solutions that are seeing early adoption in enterprises. Specifically, predictive analytics which uses machine learning, data mining, statistics and modeling to analyze current data and to make predictions is the most commonly used solution.

The rising demand for AI-based cognitive solutions and the requirement for analyzing complex data sets in data sensitive companies are on a robust growth trajectory. Significant improvement in machine learning algorithms is also responsible for large scale adoption of AI solutions in enterprises. Growing demand for enhancing business functions and emerging innovation across industries are creating growth opportunities for enterprise AI. However, lack of skilled labor and concerns about data sharing are estimated to hinder the growth of the market. Furthermore, the slow digitization rate affecting the adoption of enterprise AI solutions in the emerging economies is also expected to act as a restraint to the growth of the enterprise AI market.

The global enterprise AI market can be segmented based on component, technology, application, organization size, and region. On the basis of component, the market can be segmented into software (cloud-based and on-premise) and services (managed and professional services).

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Connectivity Management Platform (CMP) Market – Future of Connectivity in IoT Deployments

Managing cellular IoT deployment can be quite complicated. An enterprise might have devices installed in various parts of the world, each device with different legal, technological, and compliance challenges. Connectivity management platform (CMP) tools are available to manage such issues. They are designed to address consolidation challenges associated with operating and managing large IoT devices. Typically, a connectivity management platform is a collection of connectivity services and management tools that help IoT and M2M projects globally. The software’s connectivity management tools largely include features such as activating and deactivating SIM cards in real-time, define the network selection priorities for a specific country (based on the quality of service), control the connectivity cost, and assign SIMs in real time without any loss of configuring the device

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The CMP platform helps in efficient connectivity management throughout the product lifecycle, reduces total cost of ownership, and helps in the efficient management of devices. The platform also helps in minimizing the risk since the coverage and SIMs have the ability to automatically switch to the network that has the best signal, thus minimizing the overall risks of device being offline. Moreover, a robust security solution also eliminates the risk of unauthorized access to M2M and IoT networks.

The global connectivity management platform (CMP) market is driven by the benefits that it offers to enterprises. One of the crucial usefulness of CMP is that it enables Bring your own Computer (BYOC) connectivity. It is a platform that has the capability to support multiple connectivity technologies including cellular connectivity like LTE, Global System for Mobile Communications (GSM), High Speed Packet Access (HSPA), Code-division multiple access (CDMA) to non-cellular connectivity like Wi-Fi, Zigbee, Bluetooth, and low-power, wide-area (LPWA) wireless technology. The platform also allows the flexibility to bring your own connectivity from the specific operator of choice. There are a number of companies that provide such comprehensive platforms to the users.

The key indicators for the connectivity management platform (CMP) market are the growing number of connected devices across all regions. From Asia Pacific countries to Middle East and African countries, the count of connected devices and solutions are drastically increasing year-on-year. This in turn would create new demand for connectivity management platforms, making the future market lucrative.

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Lubricant Packaging Market Is Set For A Rapid Growth By 2024

The global market for GCC lubricant packaging is experiencing an intense competition among its well established players. Players in the market are using novel manufacturing technology to make the market more competitive. Players in the market are spending heavy amount behind research and development activities to manufacture efficient market product, thus expanding the product portfolio. Apart from these, players are focusing on product advancements and product innovation which is likely to help them to expand their customer base and product differentiation. Some of the major players in the global GCC lubricant packaging market are Saudi Can Manufacturing Company Ltd, Mold Tek Packaging Ltd, First Press Plastic Moulders Ltd., Neelkamal Plastics Factory LLC., and Duplas Al Sharq.

According to a recent study by Transparency Market Research, the global GCC lubricant packaging market is predicted to expand at a robust CAGR of 3.30% during the assessed period 2016 – 2024. The market which was worth at US$162.7 mn in 2016 is likely to be valued at US$210.4 mn by the end of the assessed period. The market on the basis of end user is classified into chemicals, machine industry, oil and gas, power generation, metal working, automotive, and other manufacturing. Of these, the automotive sector holds the majority of the share owing to significant rise in the automotive sector. Booming automotive industry sector to provide lucrative growth opportunity in the market. On the other hand, chemical industry will exhibit a decent rise in the coming years. On the basis of region, Asia Pacific is anticipated to held the majority share and is predicted to dominate in the future owing to presence of major player and increase in economic conditions of the nations in the region.

Stringent Environmental Rules and Regulation to Hamper Market Growth

One of the major reasons that is helping the market to move in the forward direction is the several initiatives undertaken by the government to promote non-oil industries. Government of several countries are spending hefty amount behind non-oil industries to help it become one of the potential source of income. This is likely to help the population rely less oil industries which experiences recurrent volatility in the crude oil prices. However, on the other hand it has been noticed that the strict environmental rules and regulation imposed by various governing bodies are predicted to deter market growth.

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Rise in disposable income and rapid urbanization have significantly change people’s lifestyle. This has made them prefer premium and luxurious product resulting in increase in demand for vehicles. Rapid advancement in technology and extensive research and development activities to meet the ongoing demand for vehicles are indirectly helping the market. Rise in demand for vehicles results in high demand for lubrications. Consumption of lubricant in semi-liquid, liquid, or solid form is linked with the automobile industry. Surge in demand for packaging products such as intermediate bulk containers which store lubricant including process oil, grease, gear oil, and engine oil which are used in daily operation of automobiles is likely to foster market growth.

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