Drone-powered Business Solutions Market Is Booming Worldwide | Pix4D, Cyberhawk Innovations Ltd., Airware, Inc., Phoenix Drone Services LLC

Drones are being used increasingly to carry out several jobs in diverse industries. This has resulted in a high demand for drone-powered business solutions across the globe. As per the research report, the global market is anticipated to exhibit a healthy growth rate throughout the forecast period. The research study further offers a comprehensive analysis of the global market in order to provide a detailed study for readers and market players. In addition, the growth factors and the challenges being faced by the prominent players while operating in the market have been included in the study. A thorough overview of the competitive landscape has also been included in the scope of the report.

Global Drone-powered Business Solutions Market: Drivers and Restraints

The global drone-powered business solutions market is anticipated to witness a progressive growth in the coming few years. The high growth of the market can be attributed to the proliferation of the drone technology, which is expected to generate promising opportunities in several emerging nations and giving rise to several new applications across the commercial sector. This is projected to encourage the growth of the global drone-powered business solutions market in the forecast period.

Furthermore, the growing demand for unmanned aerial vehicles from diverse industries across the globe is another major factor likely to accelerate the growth of the market in the near future. On the flip side, the growing need to address several concerns has resulted in an increasing awareness among consumers regarding the impact of this technology in diverse large-scale industries. This is expected to restrict the growth of the global market in the next few years.

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The global market for drone-powered business solutions can be divided on the basis of geography in order to provide a clear understanding of the market. According to the research report, North America is projected to witness a strong growth throughout the forecast period. This region is expected to hold a massive share of the global drone-powered business solutions market in the near future. The high growth of this region can be attributed to the rising demand for UAV-generate data and drones across a wide range of industries. Moreover, the significant contribution from the U.S. is estimated to accelerate the growth of the North America market in the near future.

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Advanced Metering Infrastructure (AMI) Market Is Booming Worldwide | Sensus, Schneider Electric SA, Silver Spring Network

The need for grid modernization and positive steps taken by utilities across the world to replace conventional electronic meters with improved smart meters capable of providing improved meter reading and data collection are the most important factors facilitating growth in the global advanced metering infrastructure (AMI) market. Furthermore, launch of dynamic pricing schemes and demand response programs are considered as motivational factors for the use of smart meters.

Demand response programs are considered as enablers of growth in the global AMI market. AMI is the integration of hardware, software, and technologies that provide an intelligent connection between consumers. Consumers by participating in demand response programs will benefit from lower electricity bills, while electric distribution utilities will be able to avoid investments in expensive new capacity buildings and benefits from a stable load on a utility grid. Through bi-directional communication between the meter and meter data management, the electrical distribution utilities will be able to remotely manage metering assets and collect information on energy usage in a real-time.

Use of AMI offers several benefits to the utilities and end consumers, which includes customer service, system operations, and financial benefits. Early detection of meter failures, improved billing accuracy, time-based tariff options to consumers, faster service restoration, and consumer participation in demand response programs are some of the customer service benefits of the AMI.

Increased meter reading accuracy, reduction in number of meter reads, easier outage management, and easier energy theft detection are some of the system operation benefits. Financial benefits include shorter outages and faster restoration, reduced support expenses and reduced equipment and equipment maintenance cost. An AMI typically includes smart meters, communication networks, communicating thermosets and other sensors, and meter data management systems (MDMS), and platforms for integrating of data into existing and new software.

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The overall market for AMI can be segmented into devices and geographies. On the basis of AMI devices, the market can be segmented into smart meters, communication infrastructure, home area networks (HANS), MDMS, and support systems (in-home display units). An increased emphasis on improving energy efficiency and reducing energy peak demands by encouraging participation in demand response programs are the key drivers of growth in the global AMI market. Installation of smart meters as part of advanced metering infrastructure will enable electric distribution utilities to reduce their operational cost as well as improved identification of energy theft, and outage notification.

AMI systems help in meter reading accuracy and reducing theft of utilities resulting in an overall financial benefit to the consumer as well as a service provider. Lack of inter-operability standards in most of the countries of the world may hamper growth in the AMI market. The total capital cost of AMI includes costs of hardware, software, MDMS, IT integration, and installation. The declining cost of AMI hardware is likely to impact positively to the growth in the global AMI market.

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Global Exploration and Production (E&P) Software Market 2018 Industry Key Players, Trends, Demand, Analysis & Forecast To 2026

The global exploration and production (E&P) software market was valued at US$ 4,240.7 Mn in 2017 and is expected to expand at a CAGR of 16.7% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled ‘Exploration and Production (E&P) Software Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ North America is expected to hold the dominant revenue share, with the market in the region expanding at a CAGR of above 14.0%. The global exploration and production (E&P) software market is mainly driven by the growing natural oil & gas market and various technological advancements in the exploration and production sector.

Rising oil & gas exploration and production (E&P) activities and growing investment in the oil & gas sector globally driving the market

Exploration & Production (E&P) is an upstream segment of the oil & gas industry which plays an important role in the process of locating, testing, and drilling of oil & gas. E&P software is an integrated solution which is completely dedicated to managing every process from exploration to production. With recent advancements in digital technology, the deployment of E&P software by oil & gas companies has increased to a great extent. Also, the increased growth of the global oil & gas industry has led to growing demand for E&P software. New oil and gas exploration activities, along with heavy investments in refineries and pipelines in the Americas, APAC, and Middle East & Africa are the major factors driving the market’s growth.

Also, there continues to be tremendous rise in technological advancements in recent years, which has driven the usage of oilfield equipment and the growth of the software market. These technological advancements can be seen in terms of new cloud deployment models, platforms, and data analytics to extract meaningful information/insights about several oil & gas reserves and their exploration activities. This has also resulted in the adoption of various types of drilling for oil & gas extraction, such as directional and horizontal drilling, supporting the demand for different types of drilling E&P software.

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Growing adoption of hybrid cloud solution playing a crucial factor in the expansion of the market

The exploration and production (E&P) software market can be segmented based on deployment type, operation type, software type, and region. The deployment type segment is classified into on premise software and cloud based software. Cloud based software is predicted to be the fastest-growing segment of the exploration and production (E&P) software market. The growth in this segment is due to the rising level of digitization, growing awareness and adoption of cloud computing technologies exploration and production (E&P) software market.

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Smart and Mobile Supply Chain Solutions Market – Comprehensive Analysis, Business Growth, Prospects and Opportunities

According to a new market report published by Transparency Market Research , the global smart & mobile supply chain solutions market was valued at US$ 13,614.8 Mn in 2018 and is expected to reach US$ 31,612.0 Mn by 2027, expanding at a CAGR 9.9% from 2019 to 2027. According to the report, North America was the largest contributor in terms of revenue to the smart & mobile supply chain market in 2018. This expansion is primarily attributed to the rising adoption of smart and mobile supply chain solutions among small & medium enterprises and large enterprises in order to efficiently manage the flow of goods and services. 

Increasing demand for industrial automation and growth in e-commerce.

Smart & mobile supply chain solutions are integrated software applications aimed at providing complete business visibility, optimization of inventories, and synchronization of supply with demand & manufacturing. Currently, competitive economic conditions are compelling industries to increase production in a cost-effective manner. This, in turn, is leading to a rise in the demand for smart & mobile supply chain solutions aimed at optimizing processes and supply chain.

Need for quicker turnaround time and efficient utilization of resources is further driving the need for automation in industries. Therefore, increasing demand for industrial automation is a crucial factor boosting the smart & mobile supply chain solutions market across the world. Furthermore, growth in e-commerce coupled with the need to deliver goods rapidly to gain competitive advantage have boosted the demand for smart & mobile supply chain solutions. Manufacturers are turning from traditional solutions to demand-driven solutions in order to efficiently meet e-commerce and omni-channel challenges in the smart & mobile supply chain solutions market.

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Smart & Mobile Supply Chain Solutions Market: Scope of the Report 

The global market for smart & mobile supply chain solutions has been segmented based on solution, enterprise size, industry, and geographic regions. In terms of solution, the market has been classified into Transportation Management Systems (TMS), Warehouse Management Systems (WMS), sourcing & procurement, supply chain planning, and manufacturing execution system. Based on enterprise size, the market has been divided into small & medium enterprises and large enterprises. In terms of industry, the market has been split into third party logistics (3PL) and commercial. The commercial segment has been further sub-segmented into retail & consumer goods, IT & telecom, manufacturing, BFSI, government, energy & utilities, healthcare, transportation & logistics, and others (food & beverages and aerospace & defense).

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Microsoft Dynamics Services Market – Industry Outlook, Size & Forecast 2018-2026

The major players in the global Microsoft Dynamics services are Tata Consultancy Services, Capgemini SE, Cognizant Technology, Infosys Limited, DXC Technology Company, and Wipro. These organizations are planning on acquiring or to merge into a collaborations in order to rise their market share in the global Microsoft Dynamics services market. Technology giant, Microsoft entering into a strategic partnership with InMobi to enable new club based platforms for marketers explains the need of cloud based solutions for enterprises in order increase the productivity and visibility. GE and Microsoft went hand in hand in order to acllerate industrial IoT adoption for customers.

On the basis of end-user type, the Microsoft dynamics services market is classified into BFSI, telecom and IT, retail, healthcare, manufacturing, and others. Amongst the pack, IT and Telecom segment is anticipated to be a major revenue generator in 2026.The global market for Microsoft Dynamics services market is expected to rise at a 14.5% CAGR during the forecast period from 2018 – 2026. During this period the market is anticipated to be valued at US$ 11239.5 mn. Presently North America holds the leading market share of 45%, but Asia Pacific region is expected to become the fastest growing market in years to come.

Digital Transformation Turns Out To Be a Major Factor Driving the Market Growth

These days numerous enterprises try to digitize important work across their value chain. This particular factor has turned out to be the boon for the market growth, as nowadays, customer ask for more control on their interactions with companies and business. Moreover, stringent regulations, rising pressure from customers, and compliance among companies is having a positive impact on the digital transformation.

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Old technologies are being taken over by the new technologies, or the new ones are more upgraded, as the IT continues to evolve overtime. Digital transformation is helping organizations all across the world to curb on manual errors. This helps an organization to utilize the data of the customers, error-free. Various organizations are using Microsoft Dynamics solutions in order to interact with the customers regarding previous transactions, products. Microsoft Dynamics also aids in business operations by using real-time data, thus helping in making decisions.

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Television Broadcasting Services Market Size | Global Industry Report 2019-2026

The global television broadcasting services market is anticipated in a report by Transparency Market Research (TMR) to find companies shaking hands with technology firms with a view to expand their presence in the industry. Companies could also focus on aligning their distribution and production operations to help secure a leading share of the market. Besides this, there could be high emphasis on improvement of services with respect to content quality. The market marks the presence of top companies such as CBS Interactive, CANAL+ GROUP, British Broadcasting Corporation (BBC), AT&T, Inc., and A&E Television Networks, LLC.

TMR envisages the global television broadcasting services market to rise at a 6.9% CAGR for the forecast period 2018-2026 to earn US$755.7 bn by the completion of 2026. In 2017, the market was valued at a US$418.1 bn. On the basis of delivery platform, it is envisioned to witness the rise of cable television broadcasting services throughout the course of the forecast period. By region, North America could take the lead in the market, considering its US$190.0 bn valuation achieved in 2018.

Shift to Consumer-driven Model Builds Platform for Growth

The global television broadcasting services market is foreseen to gather pace in its growth with advertisement regarded as a leading revenue source and rising demand for HD content. The shift in trend from provider-driven to consumer-driven observed in the television market could bode well for the rise of broadcasting services. Increasing consumer expectations could be met with technological advancement in the manufacturing of devices and rising quality standards.

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With swelling consumer preference for high-quality content, demand for top-end over-the-top television (OTT) services such as HBO Go is expected to improve in the near future. In 2017, ownership of HD televisions touched 85.0%, according to the finding mentioned in the Ericsson Mobility Report 2017.

Strict Policies of Different Economies Limit Reach of Television

The growth of the global television broadcasting services market is predicted to decline with limited reach of television due to the implementation of intangible and stringent regulations of different nations. However, the need of enterprises to reach potential customers and large audiences could create demand for television broadcasting services during the course of the forecast period. With increasing number of channels and its wider reach, television is proving itself as a prominent vehicle to reach people and improve business operations through its various platforms.

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Digital Rights Management Market Explores New Growth Opportunities up to 2026

According to a new report published by Transparency Market Research, the global digital rights management market is expected to reach value of US$ 9,086.8 Mn by 2026, due to significant rise in usage of digital rights management modules. The market is projected to expand at a CAGR of 15.3% from 2018 to 2026. This growth is attributable to the rising demand for advanced digital rights management solutions and services from industries and increasing adoption of on-premise deployment models to offer the finest services to clients.

The digital rights management market in North America is anticipated to expand at a rapid pace during the forecast period, followed by Europe, Asia Pacific, Middle East & Africa, and South America. Furthermore, the global digital rights management market is undergoing an emerging stage and is anticipated to expand rapidly in the next few years. 

Rising Demand for Digital Content Security and Management driving the Global Digital Rights Management Market

Increasing number of Internet users and rising popularity of social media platforms have resulted in creation of a large amount of digital content. Furthermore, digital conent created or utilized by enterprises is also anticipated to increase in the near future. Innovative content creation and sharing platforms are being incorporated within the enterprise infrastructure. This digital content needs to be securely stored and managed in order to comply with the legal requirements which include intellectual property (IP) rights.

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Piracy and thefts of the digital content is hampering the market and causing revenue losses for digital content owners and providers. In one such scenario, in 2016, HBO, the leading player in the media & entertainment industry experienced revenue loss to a great extent, due to piracy of its popular show ‘The Game of Thrones’. Hence, in order to generate and protect revenue from digital assets (including digital media, software, solutions, and services), the need to obstruct the piracy and unauthorized access to digital assets and to monitor the fair usage is increasing. This rising demand is anticipated to drive the global digital rights management market during the forecast period.

Digital Rights Management Market: Scope of Report

The digital rights management market can be segmented based on component, deployment model, and end-use. According to a research study, the global digital rights management market is dominated by the media & entertainment segment, which held a significant market share in 2016. This is primarily due to increasing demand from media & entertainment companies for enhanced control over images, videos, and audios from multiple sources.

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