Thursday, 18 June 2020

Data Protection as a Service (DPaaS) Market Top Companies

  June 18, 2020    No comments
The global data protection as a service (DPaaS) market was valued at US$ 6,716.8 Mn in 2017 and is expected to expand at a CAGR of 30.7% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Data Protection as a Service (DPaaS)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 25%. The global Data Protection as a Service (DPaaS) market is mainly driven by growing stringent government regulations for IT security and digitization within enterprises.
Growing stringent government regulationsand growing number of cyber security threats globally driving the market
With the growing popularity and adoption of cloud computing services, organizations of all sizes are looking to grab advanced cloud features in order to deliver highly scalable solutions and manage their operations. The rising demand for cost effectiveness and disaster recovery are currently identified as the key reasons for the growth of the DPaaS market across the globe. Additionally, demand for cloud computing services, such as Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) is paving the way for the DPaaS market.
The global Data Protection as a Service (DPaaS) market is currently challenged by the lack of appropriate security tools and budget constraints for cloud users. Many organizations willing to back up their processes and systems on the cloud in the event of a disaster are faced with the complexities of doing so. The existing IT/system infrastructure of organizations is too complex to be replicated onto the cloud and at later stages, becomes too difficult to be retrieved.
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Growing adoption of hybrid cloud solutions playing a crucial role in the expansion of the market
The Data Protection as a Service (DPaaS) market can be segmented based on deployment model, services, enterprise size, industry, and region. The deployment model segment is classified into public cloud, private cloud, and hybrid cloud. The services segment includes Disaster Recovery as a Service (DRaaS), Backup as a Service (BaaS), and Storage as a Service (STaaS). The enterprise segment includes large enterprises and small & medium enterprises (SMEs).
The industry segment includes BFSI, Telecom & IT, government & public sector, healthcare, retail, energy & utilities, manufacturing, and others (aerospace & defense, travel & hospitality). Hybrid cloud is predicted to be the fastest growing segment of the DPaaS market. The segment is expected to emerge as a key milestone on the roadmap of IT as more enterprises plan to make it a part of their IT strategy.
North America dominance of the Data Protection as a Service (DPaaS) market projected to continue
In terms of geography, the Data Protection as a Service (DPaaS) market is segmented into five regions namely, North America, South America, Middle East &Africa, Asia Pacific, and Europe. Among these, North America is expected to hold a major share of above 40% of the market, in terms of revenue, by 2026. This growth is due to the increasing digitization within enterprises, and growing stringent government regulations in the region. However, the market in Asia Pacific is expected to grow at the highest CAGR during the forecast period.
Major players operating in the global Data Protection as a Service (DPaaS) market include Amazon Web Services, Inc., Dell EMC, Commvault Systems, Inc., Quantum Corporation, Asigra, Inc., Veritas Technologies, Acronis International GmbH, International Business Machines Corporation, Hewlett Packard Enterprise Company, and Carbonite, Inc. These players are focusing on acquisitions and new strategic collaborations in order to increase their market share in the global Data Protection as a Service (DPaaS) market.
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Industrial Cyber Security Solutions and Services Market to Exhibit Rapid Surge in Consumption in the COVID-19 Crisis

  June 18, 2020    No comments
The global market for industrial cybersecurity solutions and services has witnessed a steady influx of new players and a vast rise in investments from large and well-established players in the past few years, observes Transparency Market Research in a recent report. The steady rise in demand for effective cybersecurity solutions and services across a number of industries is expected to lead to promising growth prospects for vendors operating in the market in the next few years.
The market is expected to see a significant surge in research and development activities aimed at the development of innovative products from companies focusing on strengthening their hold on the market. Some of the leading companies in the market are Symantec, IBM, and Cisco.
According to the report, the global industrial cybersecurity solutions and services market will rise to a revenue opportunity of US$29.97 bn by 2026 from a valuation of US$13.75 bn in 2017, clocking in an impressive CAGR of 9.2% over the period between 2018 and 2026.
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North America to Present Promising Growth Avenues
In terms of component, the report suggests that the segment of software solutions will account for the dominant share of revenue in the overall industrial cybersecurity solutions and services market over the forecast period. The segment of Ethernet switches in terms of the key hardware solutions employed in industrial cybersecurity setups is expected to account for the dominant share in market revenue over the forecast period.
Geographically, the market in North America is envisaged to emerge as the leading revenue contributor to the global market, expanding at an impressive 8.4% CAGR from 2018 to 2026. Rapidly industrialized emerging economies across Asia Pacific are also expected to lead to a promising demand for industrial cybersecurity solutions and services over the forecast period.
Increased Use of Industrial Control Systems in Industries Leads to Surge in Demand for Cybersecurity Solutions and Services Globally
Demand for cyber security solutions and services is rapidly growing around the globe chiefly owing to the increased vulnerability of industries with a large number of connected devices, machines, industrial control systems, and network components to malware attacks and data breaches. Other factors such as the vast surge in adoption of cloud-based solutions and applications, policies such as and bring your own device (BYOD), which are employed with the intension of improving work culture across small and large organizations, and an increased awareness regarding the threat to business data to the consecutive rise in data access points are also expected to work in favor of the market.
However, the market could face roadblocks in the form of lack of awareness regarding the need for effective cybersecurity solutions for the safety of critical business data, especially across a number of underdeveloped economies, and the high cost of these solutions. Nevertheless, factors such as the vast rise in technical know-how across the globe, presence of a large number of companies in the market, and rising rate of digitization in industries are expected to present a vast set of new growth opportunities before the market.
This analysis of the global industrial cybersecurity solutions and services market is based on a recent market research report by Transparency Market Research, titled “Industrial Cybersecurity Solutions and Services Market (Component - Hardware Solutions, Software Solutions, and Services; Security Layer - Network Security, End-point Security, Cloud Security, Application Security, and Database Security and Web Security; End-use Industry - Process Industries and Discrete Industries) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026.”
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Connected Retail Market to Register Incremental Dollar Opportunity During COVID-19 Crisis

  June 18, 2020    No comments
A recent business and commerce publication by Transparency Market Research (TMR) has observed that the demand in the market for connected retail is expanding leaps and bounds and a number of players are connecting to the value chain. There are widespread possibilities with the growing field of the Internet of Things (IoT), paving a reliable mode of interaction between a company and its customers. The analysts of the report have evaluated that the global connected retail market was worth merely US$16.30 billion in 2016 and US$19.46 billion in 2017, but the future prospects are enormous with the valuation of the market estimated reach US$82.31 billion by the end of 2025. During the forecast period of 2017 to 2025, the demand in the global connected retail market is projected to increment at a phenomenal CAGR of 19.8%.
Product Innovation Paramount for Major Players to Maintain Leadership
“For the market leaders to stay ahead of the curve, product innovation is paramount,” suggests the lead analyst of the report. Nearly every major player of the global connected retail market are International vendors of technology and investment on the research and development of innovative products is their primary focus. However, there are strong possibilities of new entrants making a mark in this market too via niche approaches and hence, activities of mergers and acquisitions are highly anticipated in the near future.
The TMR report identifies Amazon Web Services Inc. (Seattle, U.S.), Google Inc. (U.S.), Microsoft Corporation (Washington, U.S.), Cisco Systems (San Jose, California), International Business Machines Corporation (IBM) (U.S.), Verizon (New York, United States), Belatrix Software (Redwood City, U.S), Softweb Solutions Inc. (Chicago, U.S), ARM Holdings PLC (Softbank Group) (Cambridge,U.K), SAP SE (Germany), Atmel Corporation (Microchip Technology Inc.) (California, U.S), Intel Corporation (Santa Clara, U.S), Zebra Technologies Corp. (U.S), Fujitsu Limited (Tokyo, Japan), NXP Semiconductors NV (Netherlands), and PTC Inc. (Massachusetts, U.S) as some of the key companies in the global connected retail market.
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Based on connectivity, the TMR business publication segments the connected retail market into Wi-Fi, Zigbee, Bluetooth, NFC, and others. On the basis of component, the market has been bifurcated into hardware and software. The market has been further categorized on the basis of end users into electronics and appliances, beauty, home and personal care, food and beverage, apparel footwear & accessories, home goods, sporting goods and toys, and others. Region-wise, North America is highlighted as the one that will provide the maximum demand throughout the forecast period, although the demand from Asia Pacific is primed to expand at most robust growth rate among all rgions.
Rapid Growth of Online Shopping Escalating Demand
The global connected retail market is mainly driven by the increasing adoption of the IoT across retail industries. Additionally, rapid growth in online shopping is another major driver of the market. The Internet of things (IoT) are focused upon innovation and are generating new opportunities by bringing consumers and every object into the digital realm. Application of the IoT in the retail industry will provide real-time insights from connected stores, combined with cognitive computing and rich data, which will transform the in-store experience and streamline the operations. The increasing penetration of smartphones has become the hub of interaction between customers and retailers.
Nowadays, retailers are focused upon exploring ways to connect with the customers in order to enhance the in-store experience. For instance, with location based beacon technology, retailers can connect with the customers when they enter the store. Departmental stores such as Hudson’s Bay and Lord and Taylor use Apple’s iBeacon technology and a mobile networking platform, which is called Swirl where they can send personalized promotions to the customers who download the app of that particular brand. However, the lack of IoT standards and issues regarding safety and privacy are expected to restrain the global connected retail market in the near future.
Key Takeaways:
  • Expanding possibilities with the IoT driving demand in the connected retail market.
  • Competitive landscape largely fragmented, although there are enough opportunities in product innovation that will lure even more technology players.
  • Privacy issues remain the primary restraint.
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Smart Irrigation Market to Grow at Robust CAGR in the COVID-19 Lockdown Scenario

  June 18, 2020    No comments
The global smart irrigation market is intensely competitive, which is expected to up over the years, finds Transparency Market Research (TMR). The pace of new product developments and innovations in the global smart irrigation market heavily influences the contours. A majority of players in the global smart irrigation market consider spending on research and development activities as a worthwhile strategy to strengthen theirs shares in the global smart irrigation market. Top players in the global smart irrigation market include Telsco Industries Inc., The Toro Company, Rain Bird Corporation, Orbit Irrigation Products Inc., and Rachio Inc. The growing number of mergers and acquisitions in the smart irrigation market in various parts of the world is a key trend expected to escalate competition.
The global smart irrigation market is projected to reach a worth of US$2.32 billion by 2026 end. The market is predicted to register at an impressive CAGR of 13.10% during 2017–2026.
Among the various types of components, smart irrigation controller systems account for a prominent sales share in the global smart irrigation market. The segment is expected to account for a sales worth of US$900 Mn by 2026 end. The prominence is attributed to the rising role of controller systems in smart irrigation.
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On the regional front, Asia Pacific excluding Japan (APEJ) is expected to rise at the most attractive year-over-year growth over the assessment period. This is attributed to the rapid uptake of various smart irrigation technologies in several of it emerging economies.
Growing Application of Smart Irrigation Technologies for Water Conservation catalyze Growth
The global smart irrigation market is driven by the need for bringing advancements in food production in various developing and developed regions. The intensifying need for reducing the reliance of agriculturists on rainfall for water needs in irrigation in developing economies has offered a big momentum to the growing significance of such technologies. In addition, rising need for minimizing excess water use in the agriculture sector is expected to bolster the need for smart irrigation technologies. These technologies enable agriculturists to monitor soil temperature and soil moisture, which helps in correctly estimating water needs of plants. Furthermore, the demand or smart irrigation systems is propelled by growing awareness about several long-term benefits of smart irrigation on soil quality and agricultural yield.
The global smart irrigation market is expected to garner a large gain from the rising adoption of an array of wireless communication systems and sensors. Constant technological advances in networked sensors and microcontrollers used in smart irrigation systems are anticipated to boost the market. Substantial adoption among agricultural professionals world over is expected to accentuate the growth.
Lack of Awareness about Benefits and High Cost key Constraints
Limited awareness among consumers pertaining to benefits of smart irrigation technologies and the high cost of installing the equipment are factors hampering the uptake. Nevertheless, the smart irrigation market has witnessed new, exciting avenues in the integration of the technologies with internet of things (IoT). Moreover, substantial advances made in communication technologies used in smart irrigation systems have opened promising avenues in recent years. Furthermore, the advent of easy-to-manage and intuitive technologies for farmers is expected to boost the smart irrigation market.
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Internet of Things for Diabetes Market - Impact Of Covid-19 And Benchmarking

  June 18, 2020    No comments
Internet of Things comprises systems and software, medical devices, and services. It has had a significant impact on the overall health care sector and has been beneficial in remote clinical monitoring, chronic disease management, preventive care, assisted living, and personal fitness monitoring. The Internet of Things has transformed the health care sector by lowering costs, improving efficiency, and bringing the focus back to quality patient care. The demand for Internet of Things for diabetes is increasing with growing prevalence of diabetes, rising health concern, ease of use, technological advancements such as mobile devices and apps, and increasing adoption of smartphones and Internet services. The Internet of Things for diabetes allows individuals to track and monitor diabetes by their own, reduces doctor/physician visits, and provides results on the mobile devices immediately.
The prevalence rate of diabetes is increasing globally with a higher rate of diabetes-related complications such as blindness, kidney failure, heart attack, stroke, and lower limb amputation. According to the World Health Organization (WHO), the number of people with diabetes increased from 108 million in 1980 to 422 million in 2014. In 2012, about 2.2 million deaths were attributable to high blood glucose; and in 2015, globally an estimated 1.6 million deaths were directly caused by diabetes.
According to the World Diabetes Foundation, by 2030, an approximately 438 million people are likely to be suffering from diabetes. The global health care expenditure of about 11.6% is held by diabetes care. Presently, there are about 528.7 million people suffering from obesity, which is a key factor triggering diabetes in people.
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Technological advancement and increasing connected medical devices for diabetes such as blood glucose monitoring, insulin delivery, and other glucose testing devices are expected to propel the growth of the Internet of Things for diabetes market during the forecast period. In addition, high obesity rate, dietary habits, and inactive lifestyle are other factors that have led to the increase in the demand for the Internet of Things products for diabetes. However, the reimbursement issue is a primary factor, which is limiting the market growth during the forecast period.
The global market for Internet of Things for diabetes has been segmented by component, connectivity technology, end-user, and region. In terms of component, the global market has been categorized into medical devices, systems and software (apps), and services. Based on connectivity technology, the market has been segmented into Wi-Fi, zigbee, near field communication (NFC), and others. In terms of end-user, the market has been segmented into physicians and public/private health care institutions.
Geographically, the Internet of Things for diabetes market is distributed over North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold a significant share of the market in terms of revenue during the forecast period due to growing demand and adoption of technologically advanced products and increasing product availability of prediabetes and diabetes care programs. Europe is estimated to be the second largest market in the near future owing to enhanced digitization of health care processes and implementation of telehealth.
Asia Pacific is expected to expand at a high CAGR during the forecast period due to growing prevalence of diabetes. According to Asian Diabetes Prevention Initiative, 60% of diabetics in the world live in Asia. By 2030, without intervention, both China and India combined are projected to have nearly half a billion diabetics.
Major players operating in the Internet of Things for diabetes market include Alien Technology, Ascensia Diabetes Care Holdings AG, Johnson & Johnson, Telcare, Inc., WellDoc, Inc., Proteus Digital Health, Inc., Diabetizer Ltd. & Co. KG, GlySens, Inc., Entra Health Systems LLC, and Dexcom, Inc.
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Mobile Content Market business opportunity, and growth

  June 18, 2020    No comments
Mobile content plays a vital role in enhancing customer’s quality of experience (QoE) while using mobile phones. Some examples of mobile content are games, GPS navigation, discount offers, graphics, movies, and ringtones.
The technology has various advantages over network. It helps consumers to reduce latency, and round trip time. Further, its implementation also helps improve scalability, performance, and availability of the mobile devices.
Widespread use of smart mobile devices is acting as fuelling factor to the global content market. Further, adoption of social networking media is providing lot of opportunities for the expansion of mobile content market in the forecast period i.e. 2019-2027.
The upcoming report on global mobile content market provides insights about the market growth in the forecast period (2019-2027). Each section of the report covers critical sections of global mobile content market. Besides, it focuses on the segments that tend to bring highest revenue in the duration of forecast period. Later, the report is also divided on the basis of regions and sub-regions.
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Mobile Content Market: Notable Developments

With use of several technologies and affordable data, the companies are understanding requirement of customer. And accordingly, the companies are introducing mobile content in the market. Hence, mobile content is available in the form of broadcast, live video, news, and others. Gaming and emoji are becoming dominant in the mobile content market. It is evident that with technology, more content formats are flooding in the mobile content market.
Lately, demand for personalized data is also surging. This is due to presence of data technology and various customer interfacing platform. For example, Netflix, a content provider, launched black mirror episode in past year. Depending on personalized storyline, the viewer can choose whether it is relevant to watch or not. Though, personalization and interactivity is increasing, techniques are yet to take the leap.
Some of the leading producers of mobile content are
  • Skyfire Inc.
  • Viasat Inc.
  • Cerion Inc.
  • Qualcomm
  • Ericsson
  • Yottaa Inc.
  • Huawei
  • Mobidia
  • Chirp Inc.
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Mobile Content Market: Key Trends

Mobile content market is highly dependent on smart devices. And, there has been remarkable development in smart devices. As a result, mobile content market has also witnessed significant improvements. This has lead to growth of mobile content market across the globe.
Surge in demand for innovative products are presenting enormous growth opportunities to the global mobile content market in the forecast period. Moreover, marketing of such contents are also acting as fuelling factor for expansion of the market.
On the other hand, distribution of products is one of the major challenges in mobile content market. The factor is anticipated to hamper growth of the market in upcoming years. To overcome the challenge, leading players are widening their product bandwidth. Moreover, enhancement in the product features is anticipated to propel the market growth.
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Media Asset Management (MAM) Solutions Market to Witness Steady Growth Through 2027

  June 18, 2020    No comments
  • 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.

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

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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.
  • Demand for media asset management (MAM) solutions is expected to grow at a high pace due to these advantages offered by them
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Growing digital advertising to push the demand for media asset management (MAM) solutions (MAM)

  • Currently, companies are spending more on their websites, digital commerce, and digital advertising than ever before. Not only large enterprises, even small and medium enterprises are shifting from traditional advertising to digital advertising.
  • Enterprises are spending a considerable percentage of their total advertising budget on various digital advertising solutions. Therefore, the need for media and broadcasting solutions and services for advertisement and data management is significantly high, thus driving the demand for media asset management (MAM) solutions.
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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 ...