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Market Overview

Market Research Future (MRFR), in its report on the Application Security Market Size, reveals the impact of novel coronavirus on the market and mentions are other factors that are observed to influence the market through the assessment period. The increase in the adoption of Application Security Testing and increase in the utility of Application Security tools can benefit the global application security market across the study period. The rise in deployment of application security solutions across major enterprises can promote the expansion of the global market. The rise of the application security market at a high pace can be attributed to the expansion of the utility of its services. The rise in monetary transaction via mobile application comprises confidential information, such as banking, account details, and login details of user, can propel the expansion of the application security market through the analysis period. The growing rate of adoption of devices driven by internet of things and rise in bring your own device culture can also favor the expansion of the application security market through the review period. 

 Market Segmentation

 The segment study of the application security market is done by component, deployment, organization size, testing type, and verticals. 

The Component based segments of the application security market are Solution and services. The solution segments comprises of Web application security and Mobile application security. The Service segment comprises of Professional and Managed services. 

The Testing Type based segments of the application security market are Interactive Application Security Testing (IAST), Dynamic Application Security Testing (DAST), and Static Application Security Testing (SAST) among others.

The Deployment based segments of the application security market are Comprises Cloud and On-Premise.

The Organization size based segments of the application security market are Small & Medium Organization and Large Organization.

The Vertical based segments of the application security market are Education, manufacturing, BFSI, Government and Defense, Retail, IT and Telecommunication, Healthcare, media and entertainment, and oil and gas, among others.

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 Regional Analysis

In North America, increase in awareness and need for application security solutions can bolster the expansion of the regional application security market through the review period. As per MRFR regional study, North America application security market is expected to stand in the forefront of the world application security market growth curve. The US is expected to secure the highest market share of the global market through the review period. The high adoption rate of modern tools and technologies for application security and the presence of top notch application security solution providers is expected to boost the rise of the market in North America.

In Europe, the pressing demand for application security across booming sectors can underpin the rise of the regional market through the study period. The expansion of EU application market can be attributed to the rise in its demand in the well-established aviation sector.  

APAC application security market is expected to surge at a substantial CAGR across 2016 to 2022 as the increase in the adoption of application security solutions across developing economies are expected to promote the expansion of the market in the review period. The continuous rise in telecom sector can impel the expansion of Asia Pacific application security market in the analysis period. 

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Key Players 

Veracode (U.S.), HPE (U.S.), Synopsys (U.S.), IBM (U.S.), WhiteHat Security (U.S.), Qualys (U.S.), Checkmarx (Israel), Acunetix (Malta), Rapid7 (U.S.), Trustwave (U.S.), High-Tech Bridge (Switzerland), Contrast Security (U.S.), are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Application security Market.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                      

Market Research Future (Part of Wantstats Research and Media Private Limited)

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Overview

The Core Banking Solutions Industry is anticipated to grow by US$9,359.89 Million by 2030 rapidly growing at a CAGR of 5.4% during the forecast period. The global core banking solution market is driven by an increasing need to provide enhanced customer services and a growing need to connect traditional banking systems to a centralized server. These factors have helped shape the core banking solution market and are expected to boost the growth. Companies in the core banking solution market could also face challenges such as lack of awareness in rural areas. The details covered in the core banking solution market report cover all the aspects of the industry. core banking solution market analysts have also shared growth projections in the report and have suggested core banking solution market players to plan growth strategies accordingly.

Market Segmentation

The global core banking solution market has been segmented based on deployment and component. On the basis of components, the market for core banking solution is segmented based on solution and service. Additionally, the market on the basis of deployment, is segmented into on-premise and cloud.

 Factors like growing interest from foreign investors in the market and deployment of core banking solutions support the core banking solution market growth. The performance of the core banking solution market has also been studied for the past and current years. Additionally, the core banking solution market report provides analysis of these segments. The core banking solution market segmental analysis provided in the report offers major details about the core banking solution market performance and future.

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 Regional Overview

Companies in the core banking solution market are spread across the world. The core banking solution market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American core banking solution market has many companies across the United States, Canada, and Mexico. Europe has companies in the core banking solution market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the core banking solution market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The core banking solution market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the core banking solution market can be found in the market research report.

Competitive Landscape

The core banking solution market is supported by growing awareness about digital transformation. The population growth around the world and increasing demand of core banking solution market based services and products also support the market growth. However, the core banking solution market growth can be affected due to lack of technically sound infrastructure in some countries. The report covers all such details which will help companies in the core banking solution market to strengthen their business plan and improve their product portfolio. The core banking solution market research report also provides company profiles of major companies. The company profile of organizations operating in the core banking solution market discusses strategies, growth plans, size, revenue, and mergers and acquisition details of top companies in the core banking solution market. New entrants and established players can plan their strategies based on this data provided in the core banking solution market research report.

Industry News

The Orange Bank French banking company says it will purchase neobank Sometime on Wednesday. The acquisitions allow Orange Bank both to target and sustain the footprint of the professional market and the small business sector and are totally consistent with Orange's 'central multi-service' strategy. Orange also reported that it already services several million business and technical clients in France, who may also be involved in deals from Anytime, including traders, freelancers, self-employed and small companies.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                      

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

 

Market Scenario

 Market Research Future (MRFR), in its latest report on the Global HPC Market 2020, reveals dynamics of the forces that governs the market. A complete assessment of the influence of COVID 19 on high performance computing market is also offered to along with the report. As per MRFR analysis, the expansion of the high performance computing market can attributed to mounting complexities of computational capabilities to resolve business issues. MRFR study states that the High Performance Computing Market can rise at 8% CAGR in the assessment period. By 2023, the High Performance Computing Market can value at    USD 50 billion from USD 31 billion in 2017. The rapid adoption of HPC in steel and welding, aerospace, automotive, manufacturing, and healthcare, finance, consumer packaged goods, energy consumption and production, weather forecast, and space research at a global scale can promote the expansion of the market in the review period. On the contrary, lack of expertise can hinder the high performance market rise.

 Segment Analysis 

 The segmented evaluation of the High Performance Computing market is done by verticals, component, and deployment.The component based segments of the high performance computing market are networking devices, server, storage, and software. The Component Server based segments of the high performance computing market is expected to generate the highest turnover for the market across the analysis period. The Component Server segments can cause the high performance computing market to rise at 12% CAGR in the analysis period. The Networking Devices segment is observed to be the rapidly growing segment.

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 The deployment based segment of the high performance computing market are on-premise, and on-cloud. The On-Premise deployment segment of the HPC market is expected to thrive due to rise in on-premise deployment method for HPC.

The vertical based segments of the high performance computing market are BFSI, retail, IT & telecommunications, energy & utilities, manufacturing, healthcare, and transportation among others. The BFSI segment can dominating in the review period and can contribute to the market rise by 8% CAGR. The Healthcare and IT & Telecommunication segments are expected to contribute largely to the expansion of the HPC market in the review period 2017-2023

 Regional Analysis

Global trends of the high performance computing market is studied across North America, Europe, Asia Pacific, and the Rest of the World. MRFR regional study reveals that the high performance computing market in North America can secure the largest market share in the assessment period; whereas the high performance computing market in the Asia Pacific region is likely to rise exponentially. Driven by technological advancements the high performance computing market in North America region can rise at a high pace across the assessment period. The presence of developing supercomputing facilities in the US can promote the expansion of the high performance computing market in North America across the study period. The market in Canada is likely witness a rapid expansion of the market in the near future. In Asia Pacific, the performance computing market is expected to experience the fastest rise in the analysis period due to surge in the adoption of HPC for research activities and weather forecasting applications. The HPC market in the Rest of the World can expand at a steady growth rate in the forecast period. 

Key Players

Oracle Corporation, Intel Corporation, Hewlett Packard Enterprise Company, Dell, Inc., IBM Corporation, Fujitsu Ltd, Hitachi Ltd, Cisco Systems, Inc., Advanced Micro Devices, Inc., and Microsoft Corporation are some reputed developers of High Performance Computing solutions as listed by MRFR. 

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                      

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

 

 

 

Market Overview

 Market Research Future (MRFR), in its new research report, asserts that the global Machine Learning Report 2020 is flourishing and expected to grow exponentially over the assessment period, securing a substantial market valuation and a healthy CAGR.

 Drivers and Restraints

 Developing technologies such as artificial intelligence are paving the way industries and humans work. These technologies have optimized supply chains, launched various digital products and services, and transformed overall customer experience. growth in demand for improved application areas, development related with artificial intelligence & cognitive computing market, lack of trained professionals, and the effect of developing economies. All these factors are collectively creating opportunities for market growth, and each element is expected to have a positive impact on the machine learning market share. Technological development and proliferation in data generation are some of the major driving factors for the market. Several tech firms are investing in this filed for developing AI platforms, while multiple startups are focusing on niche domain solutions. With this rapid development, AI techniques such as machine learning are gaining significant traction in the market. Growing automation and advanced technology are estimated to boost market growth during the forecast period. Machine learning technology has driven the rise of predictive analytics, which experiences rapid growth in consumption, also becoming an essential part of all business operations and processes.

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 Segmental Analysis

Based on components, the global machine learning market has been segmented into software tools, cloud and web-based APIs, and others.

Based on service, the machine learning market has been segmented into professional services and managed services. The managed service is said to be expanding faster, as it helps organizations to increase proficiency and save costs for managing on-demand machine learning services. The progress of the professional services segment is primarily governed by the complexity of operations and the increasing deployment of machine learning solutions.

Based on application, the global machine learning market has been segmented into healthcare, BFSI, government, education, automotive, media and entertainment, defense, telecom, retail and e-commerce, and others.

Based on organization size, the machine learning market has been segmented into Small and Medium Enterprises (SMEs) and large enterprises. The rapidly emerging and greatly active SMEs have increased the implementation of machine learning solutions and services globally, as a result of the rising digitization and augmented cyber risks to critical business information and data. Large enterprises have been slowly adopting machine learning to extract the required information from a large amount of data and estimate the outcome of various problems.

Regional Analysis

The geographical overview of the global machine learning market has been conducted in four major regions, including the Asia Pacific, North America, Europe, and the rest of the world (Latin America, the Middle East, and Africa). 

North America is likely to account for a substantial share of the global market owing to the vast presence of key players. Additionally, the market is at a promising stage and is expected to witness an influx of new entrants. Also, significant growth is on the cards for these new startups as they exhibit more adaptability than the tech-giants.

Europe is projected to flourish at a high CAGR and account for the maximum share of the machine learning market. The development can be ascribed to the innovation and commercialization of artificial intelligence and machine learning technologies. London has been presumed to hold the most significant number of startups and fuel venture capital funds, investments, etc. into the market. Meanwhile. The Asia Pacific resonates strong potential for growth. It is projected to expand at a moderate pace through the forecast period.

Competitive Analysis

The major market players operating in the global market, as identified by MRFR, are Google (US), Microsoft Corporation. (US), Amazon.com, Inc. (US), Cisco Systems, Inc. (the US), IBM Corporation (US), Apple Inc (US), Intel Corporation (US), Facebook, Inc. ( the US), Baidu Inc (China), Nuance Communications (US), and Wipro Limited (India).

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                      

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

 

Market Overview

 As per Market Research Future (MRFR), the global Managed Services Marketing Market Research is estimated to reach USD 417.1 billion with a CAGR of 9.76% from 2020 to 2030 (forecast period). The report shows the market opportunities and the market ramifications that emerged as a result of the COVID-19 pandemic.

Managed services help business enterprises to offload IT operations to third-party service providers, also recognized as Managed Service Providers (MSPs), enabling organizations to focus on their core business activities and strategies. Various managed services provided by MSPs include support and maintenance services, remediation services, monitoring services, network management, database management, server management, disaster recovery, managed contact center services, managed storage, web hosting, enterprise mobility management, application hosting, and others.

 Market Dynamics

The growing need to reduce operating costs for operational infrastructure is anticipated to propel the market during the forecast period. Managed service providers help companies offset their initial investment in technology by providing services related to network testing, cloud, managed data center, security, and mobility. After switching to MSPs, companies pay for the service only on a monthly basis instead of upfront hardware and software costs. As managed services incur operating costs instead of capital expenditure, limited resources are tied up to manage the advanced technology adopted by businesses

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Market Segmentation

The global managed services market has been segmented into service type, organization size, and vertical. 

Based on service type, the global managed services market has been segmented into cloud services, managed data center services, managed security services, managed collaboration services, managed mobility services, network services and testing, and others. Cloud services have been divided into cloud migration services, cloud brokerage services, and cloud service orchestration. Managed data center services have been divided into monitoring services, change management services, and others. Managed security services have been divided into identity and access management, vulnerability services, threat detection monitoring services, incident response services, and others. Managed collaboration services have been divided into unified contact center, unified communications, and others. Managed mobility services have been divided into mobile device management, application lifecycle management, and expense management. Network services and testing has been divided into implementation services, operation services, and design services. The other segment has been divided into BSS/OSS managed service and Data and Information management.

By organization size, the global managed services market has been segmented into large enterprises and SMEs.

By vertical, the global managed services market has been segmented into BFSI, IT & telecommunication, retail & e-commerce, healthcare, industrial/manufacturing, energy & utilities, education & research, and others.

Regional Analysis

Region-wise, the global managed services market has been categorized as North America, Europe, Asia Pacific, the Middle East and Africa, and South America.

North America was the biggest market. The region is expected to dominate the global market for managed services in terms of market share during the forecast period due to the presence of the majority of key players in the region investing in research and development activities to provide services with greater performance and reliability. The US has the bulk of the North American market due to the involvement of major MSPs such as IBM Corporation, Cisco Systems, Inc., and DXC Technologies.

Europe is the second-largest market for managed services. Europe has been segmented into the United Kingdom, Germany, France, and the rest of Europe. The growing adoption of cloud platforms, IoT technology, and the increasing need for managed enterprise data across the UK, Germany, Russia, Denmark, Italy, Norway, and other European countries is one of the main factors responsible for the growth of the managed services market in the region. The UK has the largest market share in the region, followed by Germany and France.

Key Players

Notable players in the Global Managed Services Market are Accenture (US), Cisco Systems, Inc (US), Amdocs Limited (US), Unisys Corporation (US), NTT Data Corporation (Japan), Telefonaktiebolaget LM Ericsson (Sweden), Atos SE (France), Huawei Technologies Co. Ltd (China), IBM Corporation (US), DXC Technology Company (US), and Fujitsu (Japan).

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                      

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

 

 

Market Overview

 Market Research Future (MRFR) reveals multiple causes that are likely to support the Intelligent Transportation System Market Share 2021 in the years to come. The expansion of intelligent transportation system market is likely at 9.31% CAGR in the analysis period 2021 to 2030. By 2030, the intelligent transportation system market is expected to garner USD 42.67 Bn. A comprehensive analysis for intelligent transportation system market dynamics in COVID 19 is elaborated in the report. The gradual adoption of intelligent transportation system across the information and communications technology sector can prompt the expansion of the Intelligent Transportation System (ITS) Market in the years to come.  The rise in number of cars and other types of transportation has triggered the need for advanced commute solutions. The increase in the need for effective traffic management by increasing value of time can contribute to the ITS market rise. The introduction of intelligent transportation system solution for e-commerce can promote the market in years to come. 

 Intelligent Transportation System Market – Segments

 The segment assessment of the Global Intelligent Transportation System Market is done by component, products, and application.The Product based segments of the global intelligent transportation system market are Advanced Public Transportation Systems (APTS) and Advanced Transportation Management Systems (ATMS). The Application based segments of the intelligent transportation system market are Traffic Management and Collision Avoidance System, and Automotive Telematics.The Component based segments are Software, Sensor, Surveillance Camera, Monitoring, and Interface Board.

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 Intelligent Transportation System Market - Regional Analysis

Trends of the intelligent transportation system market is studied across North America, South America, EU, Asia Pacific, and the ROW. North America intelligent transport system   market is expected to secure the largest share in the years to come. The intelligent transportation system market in EU is expected to thrive at 12.83% CAGR in the review period. In Asia Pacific, the intelligent transportation system market value can escalate from USD 5.65 billion to USD 12.10 billion from 2016 to 2022. The market in ROW is anticipated to rise at 8.67% CAGR in forecast period.

The regions that are developing economically have high demand for ITS systems. The increased adoption of intelligent transportation systems in these regions can contribute significantly to the rise of the market in these regions. The high importance of ITS systems across booming sectors in different regions can impact the rise of the market in these regions. In APAC, the need to effectively manage traffic congestions can impel the expansion of the intelligent market in the years ahead. The rise in focus on road safety and challenges in urban planning are supporting the adoption of intelligent transportation, especially in densely populated regions of APAC. This can support the expansion of the intelligent transport market in the years ahead. The growing dynamics of commute industry across organized sector can support the expansion of the intelligent transport system market in the years ahead. In Europe, followed by North America, the ITS market are observed to gain high profits in the years ahead. The increased awareness about benefits of ITS can support the regional expansion of the market in approaching years. 

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Key Players 

The key players of Intelligent Transportation System are Roper Industries, Inc. (U.S), Hitachi Ltd. (Japan), Siemens AG (Germany), Thales S.A. (France), Xerox Corporation (U.S.), BRISA (Portugal), Kapsch AG (Austria) ¸Q-Free ASA (Norway), Efkon AG (Austria), Lanner Electronics Inc. (Taiwan). Some of the other key players are Denso Corporation (Japan), TomTom International BV (Netherlands), Savari Inc. (U.S.), Nuance Communications Inc. (U.S), Garmin Ltd. (Switzerland) and others.

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Software-Defined Wide Area Network (SD-WAN) Market:

https://www.marketresearchfuture.com/reports/software-defined-wide-area-network-market-1896

Intelligent Transportation System Market:

https://www.marketresearchfuture.com/reports/intelligent-transportation-system-market-2076

Managed Services Market:

https://www.marketresearchfuture.com/reports/managed-services-market-2424

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                      

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

 

 

 

Overview

 The SD Wan Market Size is anticipated to grow by 46.31 billion by 2030 rapidly growing at a CAGR of 36.9% during the forecast period 2020- 2030. The global software-defined wide area network (SD-WAN) market is driven by rising network traffic to create robust opportunities. These factors have helped shape the software-defined wide area network (SD-WAN) market and are expected to boost the growth. Companies in the software-defined wide area network (SD-WAN) market could also face challenges such as reliability of SD-WAN network to restrain market growth . The details covered in the software-defined wide area network (SD-WAN) market report cover all the aspects of the industry. software-defined wide area network (SD-WAN) market analysts have also shared growth projections in the report and have suggested software-defined wide area network (SD-WAN) market players to plan growth strategies accordingly.

 Market Segmentation

 The global software-defined wide area network (SD-WAN) market has been segmented based on component, deployment, and vertical. On the basis of components, the market for software-defined wide area network (SD-WAN) is segmented based on appliances (physical (router, access point, switches, gateways and cables) and virtual (csp, web portal and internet)) and services (managed services and professional services. Additionally, the market on the basis of deployment, is segmented into on-premise and cloud. The global market for software-defined wide area network (SD-WAN) is also covered based on vertical segment which is further split into IT & telecommunication, manufacturing, BFSI, healthcare and retail.Factors like enterprise mobility, rise in mobile workers, and penetration of smart IoT devices across different enterprise verticals support the software-defined wide area network (SD-WAN) market growth. The performance of software-defined wide area network (SD-WAN) market has also been studied for the past and current years. Additionally, the software-defined wide area network (SD-WAN) market report provides analysis of these segments. The software-defined wide area network (SD-WAN) market segmental analysis provided in the report offers major details about the software-defined wide area network (SD-WAN) market performance and future.

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 Regional Overview

Companies in the software-defined wide area network (SD-WAN) market are spread across the world. The software-defined wide area network (SD-WAN) market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American software-defined wide area network (SD-WAN) market has many companies across the United States, Canada, and Mexico. Europe has companies in the software-defined wide area network (SD-WAN) market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the software-defined wide area network (SD-WAN) market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The software-defined wide area network (SD-WAN) market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the software-defined wide area network (SD-WAN) market can be found in the market research report.

Competitive Landscape

The software-defined wide area network (SD-WAN) market is supported by penetration of smart IoT devices across different enterprise verticals and rising network traffic. The population growth around the world and increasing demand of software-defined wide area network (SD-WAN) market based services and products also support the market growth. However, the software-defined wide area network (SD-WAN) market growth can be affected due to concerns over security to act as a challenge. The report covers all such details which will help companies in the software-defined wide area network (SD-WAN) market to strengthen their business plan and improve their product portfolio. The software-defined wide area network (SD-WAN) market research report also provides company profiles of major companies. The company profile of organizations operating in the software-defined wide area network (SD-WAN) market discusses strategies, growth plans, size, revenue, and mergers and acquisition details of top companies in the software-defined wide area network (SD-WAN) market. New entrants and established players can plan their strategies based on this data provided in the software-defined wide area network (SD-WAN) market research report.

Industry News

In collaboration with Verizon SD-WAN, Silver Peak Systems is joining Versa Networks and Cisco. The Silver Peak Unity EdgeConnect edge network is sponsored by Verizon Enterprise as a controlled service. Aamir Hussain, senior vice president of corporate products for Verizon Company said development of WAN edge architecture has radically changed over the last few years, particularly in 2020.

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Market Overview

The Optical Transport Network is also popularly known as "digital wrapper," which is offering multiplex services onto optical light paths in an efficient and globally accepted way. The global market is gaining more popularity because of the optical network’s scalable, flexible, and robust Optical Transport Network. This network is helpful for the expansion of equally varied service requirements, including ATM, Fiber Channels, SONET or SDH, and PDH. The growth driving factors of the OTN Network Market are the rapid growth in IP and Ethernet services, a dramatic increase in the capacity demanded, and changing user requirements.Moreover, the next generation's advanced form could be an opportunity for the global market as its support for data signals such as IP and Ethernet and enables more efficient mapping. The OTN Market might face restraints due to the advanced technology. Further, the high initial investment can be a challenge for the global market. According to the Optical Transport Network Industry report, the optical packet platform segment is aimed to generate the highest CAGR of 13.9% for the forecast period.

 On the other hand, the optical switch segment is registered to generate the largest market share of 42.6% by the end of the year 2018; further, this segment is predicted to register at 11.6% CAGR during the forecast period. Along with that, the network support segment is registered to generate the highest CAGR of 14.0% for the forecast period. Further, the network design segment is expected to register the largest market share of 40.7% by the end of the year 2018. Along with that, the network design segment is predicted to register at 12.4% CAGR for the reviewed period.

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Segmental Overview

The Optical Transport Network Market is segmented into Technology, Vertical, service, and Component. According to the services segment, the global market has been segmented into network support, network design, and others. Here, the network support segment is registered to generate the highest CAGR of 14.0% for the forecast period. Further, the network design segment is expected to register the largest market share of 40.7% by the end of the year 2018. Along with that, the network design segment is predicted to register at 12.4% CAGR for the reviewed period. 

Based on the component segment, the Optical Transport Network Market has been segmented into the optical packet platform, optical switch, and others. Here, the optical packet platform segment is aimed to generate the highest CAGR of 13.9% for the forecast period. On the other hand, the optical switch segment is registered to generate the largest market share of 42.6% by the end of the year 2018; further, this segment is predicted to register at 11.6% CAGR during the forecast period. According to the technology segment, the OTN Market has been classified into Dense Wavelength Division Multiplexer (DWDN), Wavelength Division Multiplexer (WDN), and others (SDH or SONET). The global market has been categorized into retail, government, IT or telecommunications, healthcare, and others based on the vertical segment. These vertical segments played an important role in enhancing the Optical Transport Network Market Share.

Regional Analysis

According to the regional classification, the OTN Market has its base in various regions such as North America, Asia-Pacific, the Middle East & Africa, Europe, and South America. Among all the regions, North America is dominating the global market because of the increasing implementation of high-speed communications network technologies in the region.

Industry News

The Optical Transport Network Industry’s productivity has got affected in the first half of the year 2020 because of the pandemic lockdown. However, the involvement of the key players has increased the Optical Transport Network Market Share for the forecast period.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Overview

The facial recognition market size will witness a healthy growth from 2016 to 2022, a research report suggests. Growing at a CAGR of 19.68%, the market is projected to reach US$8.93 billion by 2022. Significance of the surveillance market is expected to support the market growth along with the rising demand for surveillance. As predicted by analysts, difficulty in dealing with legal risks and discovery will negatively affect the market’s performance from 2016 to 2022. During the forecast period, the market will be supported by a rise in the disposable income and the growing application areas. The risk of false matches presents on the other hand will challenge information technology sector based organizations functioning in the global facial recognition market. Analysts have split the market into technology, hardware & software, and vertical segments based on products and services. Information technology based companies have been profiled.


Demand and supply gaps are set to affect the global market during the forecast period 2016 to 2022. The report also provides the market’s performance forecasts till 2022. Analysts have studied the strategy of information technology segment based organizations to help new entrants and established businesses. The information technology sector itself is supported by the rising industrialization as well as the growth of communication channels. During the forecast period 2016 to 2022, the facial recognition market is set to witness a health growth across technology, hardware & software, and vertical segments as well as regional markets.

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Market Segmentation

The information technology sector has seen growth across technology, hardware & software, and vertical segments owing to high demand across industry verticals and the increasing spending power of consumers. To study the market, analysts have further segmented technology, hardware & software, and vertical into 2D recognition, 3D recognition, and thermal recognition on the basis of technology. The market is further segmented into hardware & software sub segment which is split into face recognition software and analytics. Additionally, the facial recognition market on the basis of vertical is segmented into airports, government, home security, and large organizations.

The segmental analysis presented in the report provides information technology field based organizations insights into key growth factors such as advancements in technology as well as challenges such as the lack of investments the market will face from 2016 to 2022. The rapidly growing population and the rise in distribution channels are some of the key factors having an influence on information technology industry based companies, suggest analysts as per the facial recognition market report. But the report also identifies the unavailability of professional services and concerns regarding high costs as major threats companies in information technology will face till 2022. 

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Regional Overview

Information technology market based companies in the facial recognition market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. The availability of many untapped opportunities will be a key growth driver for regional markets. However, the lack of investments in R&D will turn out to be a threat. For the forecast period 2016 to 2022 each of these regional markets are studied in the report. Starting from North America, the regional market and information technology vertical based companies are spread across the United States, Canada, and Mexico. The lack of skilled human resources will turn out to be a major challenge from 2016 to 2022.

Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by the growing urbanization as well as the surging usage across different industries, suggests the report. Similarly, the information technology sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the facial recognition market covers the Middle East and Africa. Forecast based on the report’s findings are presented for the forecast period till 2022.

Competitive Landscape

The global facial recognition market research report brings a comprehensive study of technology, hardware & software, and vertical market segments, regional analysis, and information technology vertical based company details of key players. As the forecast period 2016 to 2022 will bring new opportunities for the market owing to the increasing disposable income and the increasing preference of consumers, the market is set to grow at a compound annual growth rate of 19.68% and is predicted to reach a value of US$8.93 billion by 2022. With SWOT analysis of information technology sector based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as the lack of developed infrastructure and the lack of R&D investments, companies in the information technology sector can change the way business is done.

Industry News

In a letter to Congress today, IBM CEO Arvind Krishna stated that the company will no longer sell general-purpose facial recognition or analysis tools. According to IBM, the firm can no longer improve or study the technology. Artificial intelligence developments have significantly enhanced facial recognition software over the past decade. Around the same time, the technology has been found to be skewed along lines of age, race, and nationality, rendering it ineffective for law enforcement and defence and ripe for future civil rights violations because it is mostly provided by private corporations with no supervision or government oversight.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

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Market Overview 

The worldwide DTM Industry 2020 can value at above USD 5,552.91 Mn by 2023 from USD 1,400 Mn in 2017, show study by Market Research Future (MRFR). The digital transaction management solutions have significant role to improve efficiency of work processes, plus improve convenience. This can prompt the expansion of the digital transaction management market. 

The high rise in digital payment modes due to COVID-19 can cause expansion of the digital transaction management market. The growing applications of digital transaction is not only limited to densely populate and technically advanced regions, but their popularity is surging in the rural areas. This is due to the current coronavirus crisis, penetration of digital solution, better transparency, and growing trust on digital payment solutions. These factors are also likely to prompt the rise of the digital transaction management market. 

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On the contrary, the lack of awareness about common DTM standards can impede the market growth. In addition, the rise in concerns over complications and data security owing to third party involvement can also hinder the market rise. Weakening of cryptography standards, deliberate subverting, and interference from intelligence agencies can threat the expansion of the world digital transaction management market in the years to come.

Market Segmentation

To gain a vivid understanding of the world market of digital transaction management, MRFR conducted segmental analysis of the market based on application, component, and type. 

The component based, digital transaction management market segments are services, software, and hardware.

The type based, digital transaction management market segments are non-repudiation, e-signature, authentication, and workflow automation among others.

The application based, digital transaction management segments are retail, travel & transportation, government, IT & telecommunication, healthcare, media & entertainment, BFSI, and others.

Detailed Regional Analysis

Digital transaction management market in the North America region is expected to boom in the years to come across the assessment period, reveals regional study by MRFR. The U.S. is likely to secure the largest share of the regional market due to the flourishing financial sector. As North America is observed as an economic powerhouse, plus the existence of major players across the region can prompt the expansion of digital transactions management market across the review period. The rapid uptake of modern technology can support the expansion of North America digital transaction market. 

In Europe, the digital transaction management value can rise exponentially in the UK followed by the rest of the UK across the review period. The economic strength of Europe can improve the impetus to the regional market through the review period. In Asia Pacific, the expansion of the regional digital transaction management can surge at a rapid growth rate. In India, followed by the rest of APAC, the rise of the digital transaction management market can be credited to the expansion of the I.T. sector. The digital transaction management market in the Middle East and Africa can boom, especially in the Gulf economies. Africa digital transaction management market is likely to exhibit a moderate rise owing to the lack of digital solutions.

Dominant Market Players

MRFR registered some notable digital transaction management market players. Origin and regional branches, product line, and financial aspects were observed during enlisting key players of the worldwide digital transactions market. MRFR also discusses different factors that influenced the competitive landscape of the market. These key players are; Oracle (U.S.), Apple (U.S.), HP (U.S.), ThinkSmart (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.), DocuSign Inc. (U.S.), Intel (U.S.), eSignLive (Canada), Sony Corporation (Japan), and others.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

 

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