Hosted PBX Market - A Latest Research Report to Share Market Insights and Dynamics

The degree of competition is considerably high among the existing vendors in the Canada hosted PBX market. Furthermore, the market exhibits considerable opportunities for the new players to venture in. Considering such high potential for the entry of new players, the hosted PBX market in Canada will witness intensified competition in the near future, prophesized Transparency Market Research (TMR) in a new study.

The vendors in the market are competing through strategic collaborations and even partnerships. Currently, Allstream, Inc., Telus Communications, Bell Canada, Cisco System, Microsoft Corporation, and Mitel Networks Corporation hold dominance in the Canada hosted PBX market. These companies held nearly 54% of the Canada hosted PBX market in 2016. Besides forging new partnerships, these companies are also working towards expanding their offerings to gain competitive advantage. As these strategies are forecast to reflect positively on any company’s overall proceeds, they can considerably influence the market’s trajectory as well.

According to TMR, the hosted PBX market in Canada will rise at a whopping 18.2% between 2017 and 2025. At this pace, the market will reach US$1.75 bn by the end of 2025, from its valuation of US$398.6 mn in 2016. By application, telecom & IT and BFSI emerged as the two leading segments in the market. Of these, telecom & IT held dominance with a share of just over 20% in the market in 2016. By enterprise size, large enterprises left behind SMEs to emerge as the market lead. By the end of 2017, it is expected to hold over 68.7% of the Canada hosted PBX market based on value.

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Steps Adopted by Government to Fuel Growth

The hosted PBX market in Canada is primarily gaining from the country’s progress in deploying wireless services. “With the government pulling up its stock to make Canada a leading digital nation by the end of 2017, there could be no dearth of opportunities for the hosted PBX market.” said a lead TMR analyst. Considering this target, the government has adopted several initiatives to provide high-quality spectrum to help wireless service providers ensure improved standard of services.

Integrating the latest technologies is therefore a key aspect observed by organizations across Canada. Among the latest technologies to have forayed in Canada in the last few years, adoption of IP based services have left a lasting impact. The adoption of voice over internet protocol (VoIP) has therefore gained pace in the country. As the hosted PBX technology works on the basis of VoIP, which enables PBX to connect with smartphones, personal computer, and other technologies, proliferation of VoIP will mean lucrative opportunities for the expansion of the hosted PBX market in Canada.

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Casino Management Systems Market to Record an Exponential CAGR by 2025

Casino management systems include hardware and software that aims at tracking players, security and surveillance, cash and accounting, analyzingbehavior or combination of all of these.Casino industry heavily relies on customer retention to generate revenues. Quality of services offered and service level plays an important role in retaining consumers.

Casino industry is mainly supported by IT solution and services. In addition, IT solution and services enable the casinos to streamline their operations and activities which in turn aims at enhancing the customer retention rate in the Casino Management Systems market.Management tools are one of the most important offerings from all IT vendors which enable the casinos to handle and manage day to day operations thereby enhancing customer service level which in turn is helping to retain customer retention rate.The tools includes software that helps to track various activities of employees and customers.

In addition,it also aims at maintaining databases consisting of critical information that is required for future references.Hence, Casino Management Systems market deals with different tools and analytical software which enable the casinos to understand employee and customer behavior by analyzing the probabilities of win or lose in casino games.

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Recent trend shows that the sole purpose of casino visitors are not only gambling but to enjoy various services and ambience associated with gambling.Casino visitors have different expectations and hence serving the various customers is not an easy task. Hence, casino management systems are one stop solution in terms of managing various assets and to maintain the service level and information flow as per expectation.

Casino management systems with the help of advanced technology provides an easy way out for various security and solution services. These systems aims at monitoring the activities taking place on floor thereby providing real-time reports which in turn helps in decision making.This in turn is driving the Casino Management Systems Market.Therefore, the Casino Management Systems market is predicted to witness a steady growth during the projection period from 2017 to 2025.

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Integration Platform-as-a-Service Market Research and Analysis 2019-2025

Integration Platform as a Service (iPaaS) is a novel innovation where in the applications, process, data, and application programs are integrated. The integration enables enterprises to diminish the multifaceted nature of their operations and better associate with cloud services. The integrations also save the time by giving a typical platform to various applications.

Rising need of advanced systems to enhance the way toward sending, creating, and managing enterprise applications globally has been a significant factor driving market rise. In addition, the recent advancements in big data, distributed computing, and Internet of Things (IoT) within the organizations' procedures have also paved the way for greater improvement of iPaaS systems.

Adoption of iPaaS is increasing in the market inferable from the developing awareness about iPaaS among companies, the requirement for business agility, faster sending, and reduced management costs. However, enterprises may face a few obstacles while adopting iPaaS, for instance, complication in interoperability of applications, security concerns, and the high cost associated with implementation.

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While the adoption of iPaaS will be predominant in the IT and telecommunications industry, participants in the healthcare and education segments will also indicate increased interests towards integration systems. Hospitals and healthcare service suppliers are anticipated to adopt iPaaS for integration of documentation procedures and supplies management. Pharmaceutical companies are required to execute iPaaS for consolidating their manufacturing with medicate advancement operations. For the education business, iPaaS will enable schools to streamline and organize their daily operations, and control the access to information and data through integrated platforms.

The integration platform as a service refers to a suit of cloud service which would enable execution, development and governance of integrating flows into connecting as combination of cloud based processes and premises, applications, services and data within individual and across. The integration platform as a service can connect with numerous cloud based applications which resides together with the cloud or the on premises. This enables the creation of numerous unique set of services. Every company or organization has their own unique integration platform as a service tools. The organization provides their unique customized requirement and security necessities.

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Internet of Things (IoT) in Logistics Market Latest Innovations, Future Scope and Market Trends

According to a new market report on the Internet of Things (IoT) in logistics market published by Transparency Market Research, the global Internet of Things (IoT) in logistics market is projected to reach US$ 63,728.6 Mn by 2026 driven by exponential rise in IoT applications in logistics. The market is projected to expand at a CAGR of 12.4% during the forecast period from 2018 to 2026.

Growth of the market is attributed to rise in demand for IoT in logistics and increase in adoption of cloud-based deployment models to offer quality service to customers. North America is anticipated to lead the global Internet of Things (IoT) in logistics market, followed by Asia Pacific, Europe, Middle East & Africa, and South America, during the forecast period. The IoT in logistics market is in a nascent stage and is anticipated to expand rapidly in the next few years.

Digitalization of Business Processes to Drive Market

Obsolete systems and labor-intensive processes create more challenges and complexities, slowing the operations and hindering the ability of industries to increase revenue. These manual tasks can result in significant inefficiencies and productivity losses for businesses. The transport management system which includes vehicle management, driver management, and operations management is globally expected to rise at a CAGR of 10.1% over the forecast period. This shows that the logistics industry is trying to form a complete digital, flexible, and connected supply chain optimized for e-commerce and last-mile, last-minute delivery.

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With the deployment of advanced technology, digitalization has witnessed increased adoption across the transportation and logistics industry. Germany-based logistics company Kuehne + Nagel deployed a logistics control tower to make the most of cost competences, while abiding to time constraints and observing standards in security and documentation. The tower uses transportation management software and order management software to exchange data amongst carriers, service providers, and senders & receivers of goods.

Global Internet of Things (IoT) in Logistics Market: Scope of the Report

Based on solutions, the global IoT in logistics market has been segmented in terms of software, hardware, organization size, application, and region. The hardware segment dominated the global market in 2017. Hardware enables users to optimize their applications on branded, reliable, and customized hardware. In terms of organization size, large sized organizations held a prominent market share in 2017 and are expected to continue to dominate the market during the forecast period.

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Investment Management Software Market Review With Forecast Research Report 2019 – 2026

Investment management solutions are designed to help investors or owners to recognize, manage, and communicate the performance and risks of assets and related investments. As an alternative to spending time pursuing data and manually creating reports, fund managers, owners, and operators can focus on maximizing performance. Managing investments, assessing risks and exposure, and then consolidating the information and sharing it with investors, board members, or other stakeholders requires an optimized software.

Investment management software offers new investors more visibility in their investments by providing on-demand access to reports through an investor portal. Thus, investment management software helps in improving decision making by offering real-time investment management analytics. Such software helps in data management, improves operational efficiency, and ensures compliance and audibility. Such software is accessible on various platforms including Mac, Windows, Linux/Unix, Web based, and others.

Furthermore, trading data capacity is expected to grow by 60% each year and alternative investments to outgrow most of incremental salary revenue creating opportunities for software managing investments. Real estate managers or owners utilize investment portfolio present on investor portals to obtain deep analysis of assets and wealth in order to undertake the right investments.

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The investment management software market can be segmented based on application, service, deployment model, end user, and geography. On the basis of application, the market can be segmented into asset management, wealth management, sovereign wealth funds, pension funds, personal banking, insurance investment management and others. The market on the basis of deployment model can be segmented into on-premise and cloud based. In terms of end user, the market is segmented into commercial and individuals. Commercial segment can be further bifurcated into small and medium enterprises, and large enterprises.

Geographical segmentation of the investment management software market includes North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. The U.S. is expected to face remarkable growth during the forecast period due to technological advancements in the region along with the increasing cloud adoption technologies by enterprises.

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IoT Connected Machines Market Scope Analysis 2020 – 2027

According to a new market report pertaining to the global IoT connected machines market published by Transparency Market Research, the global IoT connected machines market is projected to reach a value of ~US$ 1.3 trillion by 2027, expanding at a CAGR of ~24% from 2019 to 2027. Growth of the IoT connected machines market can be attributed to the high demand for automation in industry verticals. North America is anticipated to lead the global IoT connected machines market, followed by Europe, during the forecast period.

Increasing Use of Cloud Computing Accelerating the IoT Connected Machines Market

IoT can benefit M2M infrastructure with unlimited storage capabilities and resources of cloud to compensate its technological constraints such as processing, storage, and energy. The cloud also offers solutions to implement IoT connected machine service management and applications that can process the data produced. Hence, the increasing use of cloud computing is expected to further lead to the growth of the Internet of Things (IoT) connected machines market.

Cloud computing is a model that was introduced to provide IT services to businesses. The three levels of cloud computing (IaaS, PaaS, and SaaS) cover a huge range of services. Apart from service delivery and computing model of storage infrastructure, various models such as software application, data, and programming are also applicable to cloud computing.

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Increasing Urbanization, Globalization, and Ease of Communication Driving Use of IoT Connected Machines

Urbanization, globalization, and complexity of communication have made consumers more informed with access to product information, and they are able to compare prices and seek reviews. Keeping this in mind, retailers are leveraging IoT connected machines to offer omni-channel experiences. Unlike traditional retail shops that lacked the environment to get real-time information access, information is readily available with retailers, which is enabled by connected devices.

Cities around the world can change the way in which they deliver services to residents, operate public transportation, manage the flow of road traffic, and manage real estate resources, by using network connectivity for collaboration, urban planning, communication, and other activities.

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IT Operations and Service Management (ITOSM) Market foreseen to grow exponentially over 2017 – 2024

As organizations become decidedly clearer about investing in more agile IT infrastructure, players in the IT operations and services management (ITOSM) market are compelled to be highly responsive to this change, a new report by Transparency Market Research finds. To this end, the change in the ITOSM competitive landscape is already evident.

The future of IT operations and service management will increasingly be defined by the sharp focus on an unmatched end-user experience and customer satisfaction – the two proven ways of ensuring that key accounts stay with the service provider.

The global IT operations and service management (ITOSM) market had reached US$17.44 bn in 2015. The market is on pace to exhibit a 6.5% CAGR between 2016 and 2024.

Asia Pacific will be front and center of the global IT operations and service management (ITOSM) market in terms of growth rate. Countries such as China, India, Japan, and South Korea are witnessing rising investor interest in enterprise IT and, subsequently, ITOSM. This trend will manifest in the form of an 8.1% CAGR for the Asia Pacific ITOSM market.

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In spite of the fact that the popularity of big-scale IT has noticeably been high in the large associations, mid and small-sized organizations are as yet not convinced on putting resources into IT operations and service management since they are in constant doubt about the ROI. While this hampers the development of the ITOSM market's development, it is a space where undiscovered opportunities could be found.

In any case, as more associations in the IT and telecom and manufacturing segments compete to stay up to date with the most recent patterns in big business IT, especially cloud computing, the installation of IT operations and service management system is expected to grow,. The requirement for IT application management, management of workload, and configuration is estimated to rise, helping the ITOSM market.

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