Key Drivers of the Media Asset Management (MAM) Solutions Market

• Broadcasters and media agencies are seeing a continuous increase in content, leading to the need for solutions which improve internal file sharing and saving capabilities. Media asset management (MAM) solutions provide the ability to control who can access files, and where and how the user wants to save the files, resulting in easy retrieval of files to ensure the best possible outcome from them.
• Media asset management (MAM) solutions are used by broadcasters, film production companies, and television networks to ensure smooth flow of operations, with required accuracy and security.   
• Companies in the media asset management (MAM) solutions market are taking efforts to introduce advanced solutions in order to increase revenue opportunities for users. Due to the advancements offered by companies in media asset management (MAM) solutions, the demand is expected to grow at a high rate.
• Asia pacific region is expected to dominate the media asset management (MAM) solutions market in terms of growth rate, due to the continuous growth in the number of broadcast and media industry in the region.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

Increase in video adoption to fuel the demand for media asset management (MAM) solutions

• In the current scenario, video content captures a major part of the over global internet traffic according to a Cisco 2019 report. Online video is projected to be responsible for four-fifths of global Internet traffic. Cisco states that the dramatic increase is not only driven by increased popularity of OTT video streaming services, but also by the number of people expected to be connected by 2019. Over half the planet (around 3.9 billion people) are likely to have access to the Internet by that time; however, the number of devices able to access the web is expected to be three times as high as the global population.
• These statistics of growing video adoption also highlights the growing need for advanced solutions for broadcasters and media facilities to improve efficiency in operations by streamlining the workflow.
• Media asset management (MAM) solutions provide easy access and sharing of videos and images in any format, saves the files at a central location, and controls the access from various teams and people.

Read More

Global Enterprise Asset Management (EAM) Market: Notable Developments

The ideal lifecycle management solution that deals with the benefits of an organization in asset management is named as Enterprise Asset Management (EAM). Moreover, the subjects secured by EAM comprises of tasks, structure, and decommissioning of production plant among others. Switching to an enterprise management system enables businesses to lessen their production and maintenance costs. Other than this, rise of EAM has brought down the production costs, work costs, helped support profitability and diminished hardware breakdowns. Owing to these benefits, the global enterprise asset management (EAM) market is experiencing a bloated growth in the forecast period of 2018 to 2026. 

A recent report by Transparency Market Research offers an in-depth analysis of the global enterprise asset management (EAM) market. It also enlightens various facets of the market such as notable developments, key drivers and restraints, and opportunities for the businesses. The report also offers a detailed regional analysis of global enterprise asset management market. 

Major players are investing heavily in the efforts to surpass the traditional asset management for their business. This is because businesses are seeking additional benefits from enterprise asset management solutions. In addition to providing access of organizational asset information to every department and employee at every location, the latest industry trend includes enterprise asset management solutions that also involve several other important factors, such as energy usage, lifecycle costs, maintenance histories, warranty catalogs, purchase orders, audit records, and others. 

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=67754

In November 2018, Bentley Systems Incorporated acquired ACE enterprise Slovakia, an innovative technology solutions provider, to connect with enterprise resource planning (ERP), EAM, and geographical information systems (GIS). With this acquisition, the business focuses on expanding the scope of data that can be accessed through the database of the acquired company. 

Some of the prominent players of the global enterprise asset management market are: Oracle Corporation, SAP SE, ABB Ltd., International Business Machines (IBM) Corporation, Schneider Electric SE, and MRI Software LLC. Some other player such as, CGI Group Inc., Industrial and Financial Systems (IFS) AB, Infor Inc., Ramco Systems Limited, Bentley Systems Incorporated, Rockwell Automation Inc., and AssetWorks LLC are also key contributors to the global enterprise asset management (EAM) market. 

Global Enterprise Asset Management (EAM) Market: Key Drivers and Restraints 

Enterprises require EAM for management of assets, buildings, machines, IT and other enterprise assets. Return on assets (ROA) shows how profitable a company’s assets are in generating revenue. These benefits are the key contributors of the growth of global enterprise asset management (EAM) market. 

EAM offers timely maintenance of assets that helps to prevent the malfunction of machines or equipment and thus, reduces machine downtime. EAM extends the life of assets that allows businesses to save a huge amount which can be utilized in various other processes in the business and it also avoids decommissioning of the existing assets. EAM software optimizes the utilization and productivity of company resources and hence in turn increases the ROA. Owing to these factors the growth of global enterprise asset management market has bloated in forecast period of 2018 to 2026. 

Read More

Conveyor Systems Market Scope and Future Scenario

The global conveyor systems market is ruled by some prominent players, says Transparency Market Research, on the basis of a recently published report. The competition among the players is notably intense. Most players are focusing on improving durability and quality of the products to stay ahead in the league. Companies are also focusing on reducing production costs to attract higher sales in the coming years. At the same time, organic measures like mergers and acquisitions can also be witnessed in the coming years by some prominent players in the global conveyor systems market.

The top players in the global conveyor systems market account for more than 50% of the total shares. The competition is expected to become more intense as regional players will up the ante to increase their shares. Some of the key players in the global conveyor systems market are Murata Machinery Ltd., Daifuku Co. Ltd, Dematic Group, and Schaefer Systems International Inc.

The global conveyor systems market was valued at US$4.6 bn in 2016 and is expected to grow at a CAGR of 3.5% during the forecast period from 2017 to 2025. The market is projected to reach US$6.31 bn by 2025. Such positive factors will aide growth in the market in the coming years.

Europe is expected to remain the most dominating region in the global conveyor systems market. At the same time, analysts predict that the Asia Pacific region will grow at a never-like-before pace in the coming years. Among the various types, belt type conveyor systems will hold the highest share in the market.

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=15491

Safe Working Environment Calls for Installation of Conveyor Systems in Industries

Conveyor systems are used to move products across a manufacturing process. While handling large volumes of goods, laborers might struggle to move them from one place to another. On the other hand, many manufacturing industries handle heavy products. Conveyor systems could be the ideal product to help improve the manufacturing process’ efficiency and speed. It also helps provide safety to the laborers. These aspects are favoring growth in the global conveyor systems market.

Another area where conveyor belts find applications is airports. The number of people opting for air travel is increasing year after another. This has pushed governments across the world to expand airports to meet the growing passenger footfall. This also calls for more number of conveyor systems to improve speed of baggage collection for arriving passengers. This is another positive trend for the global conveyor systems market’s expansion.

High Cost of the Product Could Impede Growth

Conveyor systems are expensive. Not only that, their installation is a humungous task for manufacturers. The cost of installation is also expensive. Hence, it is almost impossible for small and medium scale industries to facilitate installing conveyor systems. This could impede growth in the global conveyor systems market.

Read More

System on Chip Market Sales and Demand Outlook

The vendor landscape of the global System on Chip (SoC) market is largely consolidated, with the leading three players collectively accounting for a massive 68% of the global market in 2016, with Qualcomm Inc. alone accounting for a huge 38.6% in the same year, observes Transparency Market Research in a recent report. The highly competitive market, with established companies having a stronghold on most key regional markets, is witnessing attempts by large companies to further consolidate the marketplace by acquiring relatively smaller companies in high-potential regional markets; Qualcomm’s acquisition of Design Art Networks is a recent instance.

Companies are also increasingly focusing on the introduction of innovative products to meet the variable and complex demands from key end-use industries such as consumer electronics and telecommunications. Companies are also focusing on bringing changes in the lithographic and multiple patterning processes, to help end-users bring the factor of differentiation in their products to undermine competition and boost brand value.

Transparency Market Research estimates that the global SoC market, which was pegged at US$45.89 bn in 2016, is expected to expand at a promising 8.4% CAGR from 2017 to 2025 and rise to a valuation of US$89.03 bn by 2025.

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23996

APAC to Help Global Market Gain Massive Chunk in Revenue

Based on type, the segment of mixed-signal SoCs is presently the leading contributor of revenue to the global market, accounting for nearly 44% of the market in 2016. The segment is also expected to remain the leading segment throughout the forecast period, exhibiting a promising 9.0% CAGR from 2017 to 2025. Geographically, the APAC market for SoCs accounted for more than 45% of the global market in 2016. Factors such as the increased demand for smart electronic devices and the increasing adoption of IoT-based technologies across a number of industry verticals have been some of the key growth factors for the growth of the APAC SoC market in the past years.

Rising Global Demand for Advanced Consumer Electronics to Remain Key Driver

The mounting use of smart devices such as laptops and smartphones across the globe in the past few years has provided a huge thrust to the global SoC market. Moreover, the development of technologically advanced SoCs that house more features within a specified area, leading to better resistivity of wires and higher interconnectivity, is further driving the global SoC market. Application of these functions has resulted in the declining cost per function of integrated circuits (ICs).

The lowering of costs per function of ICs has been another major driver of the global SoC market, further enhancing the applications of SoCs across different industry verticals. The vast developments in the field of ICs in recent years, allowing significant design changes in microcontrollers and microprocessors and making it possible to embed different patterns within a single chip, have also been key to the development of the global SoC market in the past few years. All these factors are likely to boost the market growth for SoC market during the forecast period from 2017 to 2025.

Read More

Workspace Management Platforms Market Sales and Future Scenario

Workspace management platforms are used to optimize and manage room scheduling, asset management, workplace utilization, and hoteling. Workspace management software solutions provide managed floor plans to organizations and help in analyzing the performance of the workforce on the optimized work floor. Several companies are adopting workspace management software for improving their workspace management strategy and analyzing the performance of the workforce. The workspace management software enables organizations to improve productivity and employee engagement, which helps them manage the administrative, technology, and licensing overhead of provisioning resources across large, distributed networks. Workspace management software focuses on automation of daily tasks and activities with the goal of improving management efficiency and covering the different stages of interaction with workspace users.

The global workspace management platform market is primarily driven by an increase in demand for optimized planning of workspace among end-users. In the current working environment, organizations are facing challenges during the finalizing their floor planning strategy, which helps optimize the use of the total floor space. Furthermore, a rise in the adoption of workspace management platforms is anticipated to fuel the global workspace management platform market. Additionally, an increase in the number of strategic alliances or acquisitions is estimated to boost demand for workspace management platforms market across the world.

These acquisitions are increasing due to major factors such as rise in demand for changing space utilization requirements and the needs for multigenerational employees. Currently, a rise in demand for working anytime, from anywhere, using employees’ own mobile devices is boosting demand for workspace management platforms. Thus, enterprises across the globe are likely to make significant investments in workspace management platforms in the near future. A rise in trend among end-users of 'bring your own device' (BYOD) and changing work culture are also likely to augment the global workspace management platform market.

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=64871

However, slow adoption of workspace management platforms is hampering the workspace management platforms market. The high cost of implementation is also projected to inhibit the workspace management platform market. Several factors such as area and volume of space are considered while implementing workspace management platforms. Additionally, the cost of deployment and cost of services such as professional services, implementation, customization, data management, and upgrades are also considered.

The global workspace management platform market can be segmented based on deployment, application, enterprise size, and region. Based on deployment, the market can be bifurcated into on-premise and cloud-based. In terms of application, the global workspace management platform market can be split into health care establishments, IT & telecommunication, government institutions, and research and consulting services. Based on enterprise size, the market can be segmented into large enterprises and small-medium enterprises.

In terms of region, the global workspace management platform market can be divided into Europe, North America, Middle East & Africa, South America, and Asia Pacific. The market in North America is estimated to expand at a substantial pace during the forecast period. North America is expected to constitute a prominent share of the workspace management platform market during the forecast period. Increase in acceptance of workspace management platforms by organizations is resulting in their higher penetration in the region. 

Read More

Fleet Telematics Market Future and Growth Outlook

• Telematics is system of monitoring the movement and location of vehicles by combining GPS i.e. Global Positioning System and on-board diagnostics systems, withwhich the speed of a vehicle and internal mechanism of the vehicle could be recorded.
• Fleet telematics systems are mainly adopted by fleet management companies and automobile insurance companies in order to monitor the location and behavior of a vehicle. The global fleet telematics market refers to the solutions and services adopted for controlling and monitoring a commercial vehicle through a telecommunication device.
• A FTS i.e. Fleet Telematics System allows information to be exchanged between a vehicle fleet and the central authority, enabling them to keep a track of vehicle diagnostics and location.

Planning to lay down future strategy? Perfect your plan with our report brochure here 

Key Drivers of Global Fleet Telematics Market

• Changing regulations for vehicles across the world to install specific systems driving demand for fleet telematics. A major impetus for the fleet telematics market are the regulations mandating vehicles to install specific systems in vehicles. For instance, Contran 245 in Brazil has mandated all new vehicles to be fitted with tracking devices to help fight extensive car theft.
• European countries are working on eCall system, which is expected to use telematics to send immediate help in case of accidents or any other emergency on the road. Hence, the fleet telematics market is projected to experience decent growth in the coming years due to stringent government regulations in all major developing and developed countries to install telematics.
• The impact of adoption of wireless technology in fleet telematics is expected to be high in the near future owing to its benefits such as wide-area coverage, quick access & response, and cost reduction, which help the vendors to increase their efficiency, productivity, and return on investments.
• Moreover, cost sensitivity among local players is likely to decline, as the average selling price of fleet telematics is expected to decline during the forecast period.

Read More

Narrowband-IoT Chipset Market Share and Future Growth

IoT refers to a low power wide area network technology.

NB-IoT provides features such as very low consumption of power, excellent range in underground sites and buildings, easy deployment in existing cellular networks, and lower cost of component. With the rising adoption of the IoT technology in application areas such as smart metering, smart homes, and smart appliances, the demand for NB-IoT chipsets has also increased significantly across the globe. The trend is expected to remain strong over the next few years and the demand for narrowband IoT chipsets is expected to rise at an exponential pace.

Transparency Market Research estimates that the market will exhibit a staggering 37.9% CAGR from 2017 to 2025, rising from a valuation of US$45.0 mn in 2016 to US$793.7 mn by 2025.

Request PDF Sample@  

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23879

Guardband Mode of Deployment to Witness Strong Demand

In terms of deployment, the global market for NB-IoT chipset is segmented in the report into standalone, guardband, and inband. Of these, the segment of guardband dominated the global market in 2016, accounting for a massive 41.9% share. Guardband is also expected to remain the most preferred mode of deployment of NB-IoT chipsets as this method helps avoid interference between simultaneous communication channels and prevent crosstalk between two different frequency ranges. The segment is expected to exhibit a promising 38.8% CAGR from 2017 to 2025, retaining its position as the leading contributor of revenue to the global market.

Other segments are expected to closely follow in terms of growth rate over the forecast period, with the segment of inband exhibiting a 37.8% CAGR and the segment of standalone NB-IoT chipset deployment expanding at a 36.3% CAGR over the forecast period. Despite high growth rate, the segment of standalone NB-IoT deployment is expected to lose its market share by the end of the forecast period.

Asia Pacific to Remain Most Lucrative Regional Market

In terms of geography, the market for NB-IoT chipset has been segmented in the report into Asia Pacific, North America, Europe, Middle East & Africa (MEA), and Latin America. Of these, the Asia Pacific market held the leading market share in terms of revenue contribution to the global market and is expected to retain its dominance during the forecasted period as well. Expected to exhibit an exponential 43.9% CAGR from 2017 to 2025, the Asia Pacific market for NB-IoT chipset is projected to see a massive increase in its revenue contribution to the global market, from nearly 37.5% in 2016 to 55.2% in 2025, of the overall revenue of the global market.

The rising demand for deployment of smart meters and the adoption of smart city concept in countries such as China, Singapore, and India are expected to be the key drivers of the NB-IoT technology in the region. Countries such as China and South Korea will further stimulate the market for narrowband IoT chipsets in the region owing to the presence of several manufacturers.

Some of the leading players operating in the global NB-IOT market are Huawei Technologies (China), Qualcomm, Inc. (The U.S.), u-blox Holding AG (Switzerland), Altair Semiconductor (Israel), Sequans Communications (France), Intel Corporation (The U.S.), Verizon Communications, Inc.  (The U.S.), Telefonaktiebolaget L. M. Ericsson (Sweden), and Vodafone Group Plc (United Kingdom).

Read More