Wednesday, 27 May 2020

Simulation Software Market by Manufacturers, Application, Type & Regions

  May 27, 2020    No comments
The business landscape in the global simulation software market is characterized by the rivalry between Altair Engineering Inc., The AnyLogic Co., SimScale GmbH, ESI Group, Dassault Systemes, and Autodesk Inc., states Transparency Market Research (TMR) in a new research report. These players are increasingly engaging into mergers, acquisitions, and partnerships to create talent pools and gain advantages from each other’s brand value. The market is likely to witness a number of new entries in the near future, which is likely to intensify the competition within the market, states the research report.
According to the research study, the global market for simulation software is anticipated to reach US$16.7 bn by 2025 end. The opportunity in this market is expected to rise at a CAGR of 9.33% during the period from 2017 to 2025. Simulation software has found a widespread application in the automotive industry and the sector is projected to remain the leading end user of this software in the years to come.
Among components, software, especially, cloud-based software are witnessing a considerably high demand. The segment is anticipated to acquire dominant position in the market over the next few years, contributing US$11.54 bn by 2025 end in terms of revenue, notes the market study.
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Increasing Uptake of Simulation Software in Various Industries to Boost Growth
“The widening application base of simulation software is the key factor behind the significant growth of the global market for simulation software,” says a TMR analyst. A number of industries have begun to utilize simulation software to gain a real-time understanding of several processes. Owing to its significant role in various decision-making processes in organizations, this software is expected to witness a high rate of uptake in the near future, leading to a substantial rise of this market.
On the flipside, the complex nature of real-time control may limit the adoption of this software in the years to come. However, the augmenting usage of simulation in the healthcare and the automotive sectors is anticipated to normalize the impact of the restraining factor over the next few years, states the research report.
Presence of Established Players to Strengthen North America’s Position
In terms of the geography, North America, South America, the Middle East and Africa, Asia Pacific, and Europe have surfaced as the key segments of the worldwide market for simulation software. North America, among these, is estimated to dominate this market in the near future, thanks to the presence of a number of established players. Asia Pacific, on the other hand, is projected to emerge as the most promising regional market in the years to come. The growth in the Asia Pacific market can be attributed to the increasing usage of simulation software in the construction industry, owing to the rise in the government investment in several smart city projects, especially in India, reports the research study.
The review is based on a report by Transparency Market Research (TMR), titled “Simulation Software Market (Components - Software (On-premise based and Cloud based), Services (Consultancy, Training, and others); End-use Industry - Automotive, Aerospace & Defense, Healthcare, Semiconductor, and AEC (Architecture, Engineering, Construction)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”
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Artificial Intelligence (AI) in Healthcare Market Price and Gross Margin by 2025

  May 27, 2020    No comments
Artificial intelligence (AI) has the potential to revolutionize any piece of work that can be operated via binary commands and has a finite set of possibilities. The AI concept is currently being harnessed furiously, and the forever flourishing field of healthcare is leveraging it to attain greater goods for the humanity. Artificial intelligence is a combination of software programs with algorithms that can replicate human senses in analyzing medical data, which can often be very complex. Going forward, AI is poised to aid not only in diagnosis procedures but also help in drug development, devising personalized medicine, and monitoring of patients in a relentless manner. A vast number of pioneering technology vendors are currently involved in developing AI algorithms of the healthcare sector and the market for the same is prospering.
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According to the findings of this business intelligence study, the demand for artificial intelligence in healthcare sector across the globe will increase at an exuberant CAGR during the forecast period of 2017 to 2025. This report has been developed by healthcare IT professionals and aspires to serve as a credible business tool for targeted audiences such as healthcare software vendors, chipset companies, technology providers, doctors and hospitals, software solution providers, artificial intelligence system providers, and venture capitalist. The report includes comprehensive and figurative assessment of the demand potential of various market segments, analyzes various impacting factors including trends, drivers, and obstructions, and takes stock of the demand that can be expected out of different countries and regions. The report also contains a featured chapter on the competitive landscape.
Artificial Intelligence (AI) in Healthcare Market: Trends and Opportunities
Greater new possibilities with big data, ability of AI to enhance patient care, strong imbalance between the pool of patients and healthcare professionals, and possibilities of reducing medical costs are some of the key factors expected to augment the demand for AI in the healthcare sector. Additionally, growing importance of precision medicine, increasing number of cross-industry collaborations, consistent inflow of venture capital investments, and increasing geriatric population are some of the other factors that are expected to reflect positively over this market. On the other hand, reluctance of medical practitioners in adopting new technologies, strong lack of a preset and universal regulatory guidelines, lack of curated healthcare data, and concerns of data privacy are curtailing the market from attaining higher grounds.
Technology-wise, the artificial intelligence (AI) in healthcare market can be segmented into querying method, deep learning, context aware processing, and natural language processing, whereas application-wise,  artificial intelligence (AI) in healthcare marketcan be bifurcated into wearables, virtual assistant, research and drug discovery, in-patient care and hospital management, medical imaging and diagnosis, precision medicine, lifestyle management and monitoring, and patient data and risk analysis.
Artificial Intelligence (AI) in Healthcare Market: Regional Analysis
The developed country of the U.S., which readily adopts new technology and houses a number of pioneering companies, is expected to maintain North America are the region with maximum demand potential, with little but significant demand added by Canada. While the European region is another key region for the vendors of artificial intelligence (AI) in healthcare market, emerging economies of Japan, South Korea, China, and India are expected to provide for decent demand over the course of the aforementioned forecast period.
Artificial Intelligence (AI) in Healthcare Market: Vendor Landscape
IBM Corporation, Welltok, Inc., Intel Corporation, Google, Inc., Next IT Corp., Microsoft Corporation, General Electric Company, Medtronic PLC, and Koninklijke Philips N.V. are some of the notable companies in artificial intelligence (AI) in healthcare market.
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Tuesday, 26 May 2020

Transportation Management Systems (On-Premise and On-Demand) Market Demand and Forecasts, 2030

  May 26, 2020    No comments
According to a new market report published by Transparency Market Research the global market for transportation management systems, which stood at US$ 12,249.9 Mn in 2018, is anticipated to expand at a healthy CAGR of 14.3% during the period from 2020 to 2030, increasing the opportunity in this market to US$ 59,748.5 Mn by the end of the forecast period. The transportation and logistics application segment has emerged as the key end user of transportation management systems and is expected to retain its position over the next few years.
Growing Popularity of Software-As-A-Service Based TMS Solutions are driving the global transportation management systems market:
“Increasing use of cloud computing technologies for managing supply chain activities is one of the major trends prevailing in the transportation management systems market across the globe,” says the author of this report. Fast and easy deployment, limited capital expense, and better total cost of ownership as compared to on-premise software delivery model are driving end-users towards cloud-based TMS solutions. The growing popularity of software-as-a-service (SaaS)-based TMS solutions is the major factor driving the TMS sales growth. Growing preference for SaaS-based TMS solutions among logistics and transport companies is due to the benefits offered such as easy and quick installation and low total cost of ownership.
Other factors including growth in the intermodal transport and growing need to replace traditional and aging transportation management solutions is expected to support the demand for advanced transportation management systems, fueling the market momentum. However, lack of awareness regarding benefits associated with advanced TMS capabilities among end-users has hampered the growth of the TMS market. Advancements in the cloud computing and integration of Radio Frequency Identification (RFID) technology in transportation management solutions is offering lucrative opportunity for the growth of the global transportation management systems market over the forecast period from 2020 to 2030.
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Transportation Management Systems market: Scope of the Report
In terms of geography, the research report categorizes the global market for transportation management systems into North America, Europe, Asia Pacific, the Middle East and Africa and South America. Additionally, the report presents an exhaustive analysis of the global transportation management systems market, based on the performance of the regional markets. Among all the regions, the major share in this market was acquired by North America and Europe. Factors such as gradually improving economic conditions, increasing desire of shippers to ensure supply chain visibility, supply chain optimization, and continual advancements in software are collectively driving the transportation management systems market across the globe.
North America was the largest regional market for transportation management systems, and the growth in this region is driven by increasing demand for cloud-based on-demand TMS software solutions. However, Asia Pacific is expected to witness maximum growth over the forecast period on account of favorable trade environment and growth in intermodal transport in the region.  Countries in this region, such as China, India, and Japan are expected to offer lucrative growth opportunities to the growth of the TMS market, largely due to expansion in the logistics network, supported by the favorable trade environment in the region. Thus, growth in the logistics network and the growing need to ensure operational efficiency and supply chain visibility is expected to trigger the adoption of TMS solutions in the region.
Global Transportation Management Systems Market: Competitive Dynamics
Major players are insistently focusing on advancements and innovation in their current product offerings to gain greater visibility. Additionally, these companies are heavily investing in their research and developments activities to improve their cloud-based (on-demand) transportation management solutions.
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Some of the other significant players engaged in the global transportation management systems market include 3GTMS, Inc., CargoSmart Ltd., Descartes Systems Group, Inc., Manhattan Associates, Inc., BluJay Solution, One Network Enterprises, JDA Software Group, Inc., Oracle Corporation, SAP SE and Precision Software, Inc.
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Unified Communication-as-a-Service (UCaaS) Market Opportunities and Forecast Assessment, 2027

  May 26, 2020    No comments
According to a new market report pertaining to the global unified communication-as-a-service (UCaaS) market published by Transparency Market Research the global unified communication-as-a-service market is projected to reach a value of ~US$ 235 Bn by 2027. The unified communication-as-a-service market is projected to expand at a CAGR of ~36% from 2019 to 2027.
UCaaS solutions provide high level of scalability and flexibility for core business processes. Thus, UCaaS effectively enhances collaborative capabilities and enhances the business decision-making ability for end users, worldwide. North America is anticipated to lead the global UCaaS market, followed by Asia Pacific, during the forecast period.
Increasing Demand for Enterprise Mobility and Mobile Workforce
The unified communication-as-a-service market is being fueled by the increasing demand for enterprise mobility and mobile workforce. Studies conducted on a global level have shown a stupendous rise in the number of mobile workers. With increasing liberalization across the world, larger enterprises are looking to enter cross-border markets, thereby increasing the need for collaboration tools, which would enable effective communication among the employees of a company.
UCaaS solutions support mobility, provide flexibility, and increase productivity across businesses. Organizations can hold online meetings using video conferencing and audio conferencing with the support of unified communication-as-a-service solutions. The impact of this driver is expected to be high during the forecast period, as businesses are expected to expand their operations across developing regions such as Asia Pacific and the Middle East & Africa
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In terms of region, the global unified communication-as-a-service market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America led the global unified communication-as-a-service market, accounting for a substantial share in 2018, with the U.S and Canada being the major markets in the region. North America is followed by Asia Pacific, which is expected to show continuous growth at ~44% during the forecast period.
The Asia Pacific unified communication-as-a-service market is expected to expand at a high rate too during the forecast, due to the introduction of low-cost mobile phones and tablets, which is set to increase the demand for unified communication in this region. The unified communication-as-a-service markets in the Middle East & Africa and South America are expected to expand moderately during the forecast period.
The report provides in-depth segment analysis of the global unified communication-as-a-service market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries that hold growth opportunities or account for significant shares has also been included as part of the geographic analysis of the unified communication-as-a-service market.
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UCaaS Market: Competition Dynamics
The research study includes the profiles of leading companies operating in the global unified communication-as-a-service market. Key players profiled in the report include Cisco Systems, Inc., Avaya, Inc., IBM Corporation, Microsoft Corporation, Alcatel-Lucent SA (Nokia Networks), Unify, Inc. (Atos SE), Hewlett-Packard Development Company, L.P., Polycom, Inc., Fuze Inc., 8x8, Inc., West Corporation, Verizon Communications, and Avanade Inc.
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Network Management and Control Systems Market Investment Analysis and Growth Opportunities 2027

  May 26, 2020    No comments
  • Network management and control systems are vital instruments in planning, organizing, and managing information technology resources in the corporate sphere. Network management is the process of controlling a data network to increase its productivity and efficiency. There are no two identical network architectures; similarly, all network management systems are different. A network management system must manage and monitor the network, irrespective of the network’s architecture and complexity, in such a way that the needs of users and operators are met.
  • Services provided by network management include every function required to keep the network operational. In other words, a network with management system must be able to manage its own operations, performance, failures, modifications, security, hardware, and configuration. Network management allows IT professionals to monitor small network components within a large network area. Network management and control system components assist with network device discovery, network device monitoring, and network performance analysis.
  • North America is expected to be a prominent region of the global network management and control systems market during the forecast period due to developed infrastructure facilities and availability of advanced technologies in the region. The network management and control systems market in Asia Pacific is anticipated to expand due to technological advancements and increase in number of enterprises in the region.
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Increase in Number of Compliance Processes and Rise in Demand for Automation Expected to Boost Network Management and Control Systems Market
  • Rise in number of regulatory compliance requirements from the Health Insurance Portability and Accountability Act (HIPAA) is expected to boost the demand for network management and control systems across the globe. Network monitoring and system logs are required for HIPAA compliance. System logs, which are required for HIPAA, consist of information such as password change and employee logins. Large enterprises experience reputational and financial losses when policies enforced by regulatory authorities are not followed. This leads to customer attrition. Automated network management and control systems improve effectiveness and agility; thus, preference for these systems is expected to increase. This, in turn, is anticipated to boost the network management and control systems market
Growth in Security Issues and Shortage of Skilled Employees Estimated to Hamper Network Management and Control Systems Market
  • Enterprises are adopting these technologies to simplify their process and reduce human intervention owing to the rise in advancements in the technology. However, chances of security breaches are increasing due to the digitization in processes. This is estimated to adversely affect the network management and control systems market. Additionally, shortage of skilled employees for managing the network and control systems is likely to hamper the network management and control systems market.
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Telecom Service Provider Equipment Market Intelligence Report Offers Growth Prospects 2027

  May 26, 2020    No comments
  • Telecom service provider equipment is hardware, mainly used for telecommunication purposes. Telecommunication service provider equipment also used as an IT equipment includes enterprise networking equipment, PBX equipment, mobile devices, and base stations.
Extensive industrial activity driving the telecom service provider equipment market
  • Advent of the IT and ITES industry across emerging economies has increased the overall industrial activity. Banking, and IT & ITES are major sectors adopting telecom service provider equipment and mobility solutions to improve the customer experience. This has created immense opportunity for global operators to establish and engage in business with companies operating in these sectors to adopt telecom service provider equipment.
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Additionally, in the IT/ITES industry, rise in demand for enterprise connectivity solutions is attributed to the requirement for voice channels, high-speed connectivity, and the expansion of back-office/ BPO companies, which has led to demand for IP and international private leased circuits. Therefore, widespread industrial activity across various industries such as IT, and banking, is driving the growth of the telecom service provider equipment market.
Increasing construction of data centers to store increasing amounts of data expected to drive the telecom service provider equipment market in the near future
  • According to studies conducted by various telecom vendors such as Cisco Systems Inc., global annual IP traffic was around 122 EB per month or 1.5 ZB per year in 2017 which is estimated to reach 396 Exabytes (EB) per month or 4.8 ZB per year in 2022. This growth is estimated at a compound annual growth rate (CAGR) of 26% from 2017 to 2022. The growth is mainly driven by the growing number of mobile and wireless devices worldwide. This growth of data is influencing the demand for better & efficient telecom service provider equipment, thereby leading to the growth of the telecom service provider equipment market.
Lack of skilled professionals hampering the growth of the telecom service provider equipment market
  • At a time when the industry is facing various threats from different emerging technologies, professionals in the telecom industry seem less skilled when compared to professionals in other industries such as cloud service providers or integration service providers who solely focus on that particular business. This is primarily due to the constant change the professionals and increasing technological advancements in telecom service provider equipment are subjected to as the industry itself is undergoing a massive change. Therefore, lack of skilled professionals is hampering the growth of the telecom service provider equipment market.
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Asia Pacific expected to hold major share of the global telecom service provider equipment market
  • In terms of region, the global telecom service provider equipment market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
  • Asia Pacific is expected to hold major share of the global telecom service provider equipment market due to huge investment or funding in telecommunication infrastructure specifically by major Asian countries such as Japan, China, and India.
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Tokenization Market Trends & Future Development Status Recorded During COVID-19 2026

  May 26, 2020    No comments
According to a new market report published by Transparency Market Research , the global tokenization market was valued at US$ 1,267.8 Mn in 2016 and is estimated to expand at a compound annual growth rate of 18.6% from 2018 to 2026, reaching US$ 6,901.1 Mn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the tokenization market in 2016. This is primarily due to strong technological advancement and considerable application of tokenization in banks and financial institutions across the region
Need for payment card industry data security standard (PCI-DSS) compliance to secure cardholder data driving the global tokenization market
PCI DSS guidelines state that merchants and companies that process and store credit card data must fulfill precise audit requirements for managing cardholder data and privacy. Tokenization, a method of replacing sensitive data such as credit and debit card numbers with tokens, is one of the audit scope reduction and data protection methods that is recommended/suggested by PCI DSS. Tokenization helps merchants to comply with the global PCI-DSS and assists payment processors to keep cardholders’ data secure. This in turn is expected to drive the tokenization market during the forecast period.
Tokenization Market: Scope of the Report
The global market for tokenization is segmented on the basis of component, solution, enterprise size, end-use, and geographic regions. Based on component, the market has segmented into software, hardware, and services. Hardware component accounts for the largest share in terms of revenue in the global tokenization market. Hardware component used for tokenization are hardware security module (HSM) and other tokenization appliances which are used for interaction with HSM. Hardware devices are generally used in vault-based tokenization where sensitive data is stored within the user’s premises.
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However, service (tokenization-as-a-service) segment is expected to expand at the highest CAGR of around 19.8% globally during the forecast period. Based on solution, the market has been segmented into payment security, customer data management, compliance & policy management, omni-channel management, and encryption. On the basis of enterprise size, the market has been divided into small & medium enterprise and large enterprise. In terms of end-use, the market has been bifurcated into BFSI, retail & consumer goods, government, education, military & defense, automotive, IT & telecom, energy & utilities, manufacturing, and others (hospitality & transportation).
Based on geography, the global tokenization market has been segregated into North America, Asia Pacific, Europe, South America, and Middle East & Africa. North America led the global tokenization market with a substantial share in 2016, primarily due to rising deployment of tokenization solutions for various applications such as payment security and customer data management across organizations operating in North America, particularly in the U.S. which has given impetus to the tokenization market.
Asia Pacific is anticipated to witness highest growth in terms of adoption of tokenization solutions during the forecast period. This is primarily due to the rising adoption of digital services such as Internet of Things (IoT), cloud, mobility, and Artificial Intelligence, leading to the rising trend of high amount of data from the APAC region.
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Global Tokenization Market: Competitive Dynamics
Tokenization solution providers are expanding their product portfolio through mergers and acquisitions, which provide them a larger customer base with an enhanced and comprehensive suite of hardware and software. Companies are also focusing on winning long-term contracts and providing multi-service platforms to their customers. 
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Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...