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Market Analysis
Market Research
Future (MRFR) projects the global field force automation marketsize to achieve USD 3.05
billion at a 15.2% CAGR from 2020 to 2027 (forecast period).
Number of Providers Offering Innovative Solutions
A number of
field force automation providers are active in the market, offering solutions
and services to businesses of all sizes. These vendors provide mobile-based
sales force automation solutions that include business intelligence analytics,
order taking to invoicing, automated field force operations, sales route
management, and attendance management. Since field automation solutions assist
organizations in achieving faster returns on investment, precise sales data
visibility, and increased customer touchpoint and happiness, enterprises are
significantly investing in these solutions, which is boosting the market
growth. Solution providers are rapidly delivering innovative solutions to
efficiently meet the field sales force management needs of numerous industry
verticals, increasing market competition.
COVID-19-Caused Lockdown to Positively Impact the Market
Due to the
current COVID-19 pandemic, the field force automation business is likely to
increase. This will be due to the imposition of lockdowns in a number of
nations, which is expected to produce strong demand for automated field
operations for collecting real-time information. Furthermore, the high
acceptance rate of digital initiatives and the rapid speed of production in the
post-lockdown era would push sectors to use automated solutions in the coming
years.
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Market Segmentation
The worldwide
field force automation market has been segmented on the basis of component,
deployment, organization size, and vertical.
Based on the
component, the worldwide field force automation market has been segmented into
solution and service.
Based on
deployment, the worldwide field force automation market has been divided into
on-premise and cloud-based solutions.
Based on
organization size, the worldwide field force automation market has been
segmented into large enterprises and small- and medium-sized enterprises.
Based on
vertical, the worldwide field force automation market has been segmented into
IT and telecommunication, manufacturing, healthcare, transportation and
logistics, energy and utilities, and others.
Regional Analysis
North America to Lead the Global Market
North America
leads the field force automation industry in terms of revenue. The increasing
adoption of automation solutions among organizations in several North American countries,
including the United States and Canada, is one of the reasons driving market
expansion.
Europe to Hold the Second Position
Europe was the
market's second-largest region. Europe is divided into the United Kingdom,
Germany, France, Spain, Italy, and the rest of Europe. According to the MRFR
analysis, the UK will have the largest market share, followed by Germany and
France. IT & communications, manufacturing, and retail are some of the
prominent industry verticals where field force automation solutions are being
applied in the region.
Key Players
Key players in
the Global Field Force Automation Market are ServiceMax, Inc. (US), FieldAssist
(India), SalesDiary Inc. (India), FieldEZ (US), Folio3 Software
Inc. (US), Channelplay Limited (India), VisitBasis Tech, LLC (US), Oracle (US),
Microsoft (US), Salesforce (US), SAP (Germany), Acumatica (US), Leadsquared
(India), Kloudq Technologies (India), Accruent (US) and Nimap Infotech (India)
Industry News
In March 2019,
ServiceMax acquired Zinc to assist service professionals in acquiring and
exchange knowledge in real-time. The acquisition is intended to assist
ServiceMax in expanding and improving its product line.
In April 2019,
Trimble Inc. released PULSE Remote Expert, an augmented reality (AR) solution
that boosts the productivity of field service technicians.
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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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New York, NY 10013
United States of America
+1 628 258 0071 (US)
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Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
Market
Synopsis
As per the
analysis by Market Research Future Reports (MRFR), the global online gambling marketis estimated
to value USD 50.85 billion, with a CAGR of 13.2 % during the review period.
However, there has been a change in the global online gambling market 2020 due
to the outbreak of COVID-19. We will provide COVID-19 impact analysis with
report. As per the analysis, the traffic of gambling resources has elevated by
10 to 15%. The online gambling market increased significantly in March 2020. Online
gambling has resulted in being a substantial revenue-generating resource for
governments. Some of the countries have decided to take advantage of the
booming popularity of online gambling platforms. For example, Belarus
officially announced to make online gambling legal. However, the market
experienced a downfall in April due to the implementation of strict online
gambling rules.
Online casinos
and poker are some of the most popular games in the online gambling market.
With the rapid advancement in mobile apps and the Internet of Things (IoT), the
online gambling market has shown a significant expansion concerning the number
of users. Because of seamless internet connectivity, online gambling platforms
have started functioning efficiently. This factor has assisted in augmenting
the expansion of the market. Online gambling companies are spending enormously
to innovate the platform.
Market Segmentation
The global online gambling market can be segregated on the basis of
device type, end-user, game type, and regions.
On the basis of
device type, the global online gambling market can be classified into mobile and desktop.
On the basis of
end-users, the global online gambling market can be classified into social exuberant, gambling enthusiasts, and dabbles.
On the basis of
game type, the global online gambling market can be classified into the casino, betting, poker, online bingo, lottery, and
others.
On the basis of
region, the global online gambling market can be classified into Asia-Pacific,
North America, Europe, the Middle East & Africa, and South America.
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Regional
Analysis
The
geographical analysis of Asia-Pacific, North America, Europe, the Middle East
& Africa, and South America has been conducted. As per the analysis by the
MRFR, Europe dominates the global market in terms of market share since the
companies established in the region are technically advanced. Besides that,
governments of the region have implemented supportive rules and regulations,
which further propels the market. Additionally, the largest global online
gambling companies are situated in the European region. On the other hand, the APAC
region is estimated to record the highest CAGR during the forecast period.
There has been sudden popularity of mobile gambling and an increase in foreign
investment, which further propels the APAC market.
However, there
has been a change in market dynamics due to the outbreak of COVID-19. The
countries which have benefitted during the pandemic are Spain, Italy, the
Philippines, the US, India, and Georgia.
Key
Players
The forefront
players of the global online gambling market are The
Stars Group (Canada), International
Game Technology PLC (US), Betsson AB (Sweden), Net Entertainment
(Sweden), Kindred Group Plc (Malta), Paddy Power Betfair PLC (Ireland),
Ladbrokes Betting & Gaming Ltd.(UK), 888 Holdings PLC (UK),
Bet-at-home.com (UK), Betfair Group plc. (UK), Bwin. Party Digital
Entertainment (Austria), William Hill Plc (UK), bet365 (UK),
Scientific Games (US), VGC Holdings PLC (Isle of Man), Betway (Europe), Spin
Inc. (US), and Royal Panda(Europe).
Industry
News
May
2020
The
Ukrainian court has ordered internet service providers (ISPs) to block access
to 59 online gambling websites based on the evidence provided by the Security
Service of Ukraine (SBU).
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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
Analysis
The global application server marketwill touch USD 28.11
billion at a 12.06% CAGR during the forecast period (2020- 2027), states the
latest Market Research Future (MRFR) report.
Drivers
Rising Trend
of IoT to Boost Market Growth
The rising
trend of IoT will boost the market growth over the forecast period for the
growing need for highly potent application servers for developing more
innovative applications for tablets, mobile devices, and smartphones.
Opportunities
Rising
Dependency on Application Servers to offer Robust Opportunities
The growing
dependency of enterprises on application servers to make the optimistic use of
the internet & changing communication infrastructure will offer robust
opportunities for the market over the forecast period.
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Restraints
High
Maintenance Cost to act as Market Restraint
The high
maintenance cost of application servers may act as a market restraint over the
forecast period.
Challenges
Increase in
Complexity to act as Market Challenge
The increase
in complexity of large application integration will act as market challenge
over the forecast period.
COVID-19
Analysis
Several
industries have been affected by the COVID-19 crisis and the application server
market too is no different. It has also experienced the brunt of the deadly
outbreak. Economic consequences, supply chain disruptions, fluctuations in
demand share, and long-term & immediate impact of the COVID-19 crisis had a
negative effect on the market growth.
Market
Segmentation
By
application, the mobile application segment will lead the market over the
forecast period for the increasing ownership of mobile phones coupled with the
growing demand for smartphone-based internet applications to offer improved
security, high availability of applications, and data redundancy.
By
deployment, the on-cloud segment will dominate the market over the forecast
period for the integration and scalability, mobility, flexibility, and
cost-effective features offered by the cloud platform, growing use of
smartphones, and advances in information sharing technologies.
By vertical,
the manufacturing segment will spearhead the market over the forecast period
for the increasing adoption of advanced technologies such as cloud and IoT.
Regional
Analysis
North America
to Precede Application Server Market
North America
will precede the market over the forecast period. The presence of
well-established network infrastructure, the presence of major key players,
huge investments in R&D activities to develop application servers with
advanced capabilities for boosting operations, early adoption of technology,
increasing smartphone penetration, the presence of well-established business,
growing penetration of mobile communication devices, rising adoption in the US,
and the increasing trend of bring your own device or remote workforce are
fueling the global application server market growth in the region.
Key Players
Eminent players
profiled in the global application server market report include Microsoft
Corporation (US), IBM Corporation (US), Oracle Corporation (US), TIBCO Software
Inc. (US), The Apache Software Foundation (US), Fujitsu Group (Japan), VMware,
Inc. (US), NEC Corporation (Japan), SAP SE (Germany), Wipro (India), Adobe
Systems Inc. (US), iWay Software (US), Pega Systems (US) CA Technologies (US),
and Nastel Technologies (US), Lexmark (US), F5 Networks, Inc. (US), Dell
Technologies, Inc. (US), and HostBridge (US), among others.
The global
application server market is fragmented and also competitive for the presence
of different international & domestic key players. These players have
incorporated innovative strategies to remain at the vanguard and also suffice
the burgeoning demand of the customers , including collaborations, contracts,
partnerships, joint ventures, geographic expansions, and new product launches,
& more.
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About Market Research Future:
At Market Research
Future (MRFR), we enable
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Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research
Reports (3R), Continuous-Feed Research (CFR), and Market Research &
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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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Research Future (Part of Wantstats Research and Media Private Limited)
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Market
Highlights
The Global Enterprise Data Integration Marketis expected to register a
CAGR of 12.6% during the forecast period of 2019–2024. There are various
factors contributing to the growth of the global enterprise data integration
such increasing volume of data, utilization of cloud computing, use of IoT
devices for transmitting of information, which have led to an increase in the
adoption of enterprise data integration to increase the working efficiency of
enterprises while offering authenticate data to the user.
Regional
Analysis
The
global enterprise data integration market is estimated to grow at a
significant rate in the future. The geographical analysis of enterprise
data integration market has been done for North America, Europe, Asia-Pacific,
and the rest of the world.
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North America
dominates the global enterprise data integration market, by region,
due high demand from various industries for the integration tools for streamlining
and extracting data. Moreover, the advancement of technology in the region and
utilization of various technologies such as big data, artificial intelligence,
cloud computing, IoT devices, and others by various industries is driving the
market in the region due to large volumes generated data. There are various
companies in the region such as IBM Corporation, Microsoft Corporation, Oracle
Corporation, and others which are offering different software/tools and
services across enterprises and industries.
Europe accounts
for the second-largest market share in the enterprise data integration market
in 2018 due to presence of various financial firms in the region which
generates a large amount of data. Additionally, the increasing research centers
in the region is also contributing to the growth of the market. Based on
end-users, the BFSI segment accounts the largest market share in the European
region, whereas Germany is considered to be a dominating country in the region.
Asia-Pacific is
expected to be the fastest-growing region during the forecast period due to
advancement in terms of technology, increasing data generation due to
urbanization, and digitalization in the region. Moreover, the companies in the
region are focusing on developing tools and software for integrating and
extracting useful data generated by the industries on a regular basis, which is
contributing to the growth of the market.
Rest of the
world has been segmented as South America and Middle East & Africa is
expected to be growing with a significant CAGR during the forecast period due
to presence of various industries present in the region, which drives the
market. Additionally, various IT & telecom companies are investing in the
region which is also propelling the growth of the market. The Middle East &
Africa is the dominating region and is expected to be the fastest-growing
region during the forecast period.
Key Players
MRFR recognizes
the key players in the global enterprise data integration IBM Corporation
(US), Microsoft Corporation (US), Oracle Corporation (US), SAP SE (Germany),
SAS Institute Inc. (US), Informatica Corporation (US), Talend Inc. (US), Cisco
Systems, Inc. (US), Information Builders Inc. (US), Actian Corporation (US),
Syncsort Incorporated (US), Pitney Bowes Inc. (US), Denodo Technologies
(US), Attunity Ltd. (US), HVR Software Inc. (US) among others.
The prominent
players keep innovating and investing in research and development to offer a
cost-effective product portfolio. There has been recent mergers and
acquisitions among the key players, a strategy the business entities emphasize
strengthening their reach to the customers.
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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:
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Market Overview
The major factor driving the Procurement as a Service Market is the increased demand for procurement processes in various fields. The
demand for procurement processes from enterprises is accelerating market
growth. The procurement process is most important in both small and medium
scale enterprises and large scale enterprises. It is a crucial procedure to run
the business smoothly. The market is getting more awareness due to the demand
to streamline the procurement process, and it has been increased in many
organizations worldwide. The Procurement as a Service is
capable of managing a variety of tasks in different enterprises. Services like
transaction management, category management, spend management, strategic and
process management. Due to its multi-tasking nature, the Procurement as
a Service Market is in high demand. Artificial Intelligence and
Machine Learning technologies bring positive changes and huge opportunities to
the Procurement as a Service Market Size. The market is even facing
marketing challenges such as data security issues because the procurement
service deals with a large amount of data. Anyway, the key players are working
on the issue to provide the best systematic service. The compliance policies
and contracts are other major factors fueling the Procurement as a
Service Market Growth.
During the COVID-19 pandemic, the market’s demand was retained from the
short-term and long-term partnerships with the end-users. Favourable growth
opportunities were noticed during the lockdown period because of the
e-procurement platforms in the previous years, which provided a huge scope of
the market growth. The Procurement as a Service Market Analysis shows
good performance in the post COVID period, which will lead the market to reach
USD 9 Billion with a healthy CAGR.
Market Segmentation
The Procurement as a Service Industry is segmented into
various types based on component, organization size, and vertical. The market
is categorized into transaction management, strategic sourcing, process
management, spend management, category management, and contract management
based on components. The organization size segment is subcategorized into
large-scale enterprise and small-medium enterprise. The vertical segment is
fragmented into travel and hospitality, manufacturing, healthcare, retail, the
consumer goods market, energy and utilities, banking, insurance, financial
services, and IT and telecom services. These segments provide their best
services in the market by enhancing the growth of the Procurement as a
Service Market at the global level.
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Regional Analysis
The Procurement as a Service Market geographical
distribution states that the market is distributed into various developing
countries such as North America, Europe, Asia Pacific, Latin America, the
Middle East, and the African region. Among this region, the North American
region is the leading market with a good share rate. This region is considered
as the key contributor of the global Procurement as a Service Market.
Followed by North America, the European market will even show significant
growth in the future because of the massive demand for the procurement process
in that region. The Asia Pacific market is even noticed to witness the fastest
growth due to the adoption of the procurement process.
Industry News
The prominent chief players of the Procurement as a Service
Market are launching Artificial Intelligence-based software suitable
for intelligent business operations.
The Procurement as a Service Market size is projected
to grow at a CAGR of 8.9% by 2025.
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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
Market Overview
The Logistics Automation Market is one that deals with the automation behind
logistics management and operations. Logistics operations are a major part of
the industry and are very important for different parts of the industry.
Logistics operations are transformed by the applications of the Logistics
Automation Market. Automation of logistics is a necessary transformation for
the new age of Industry 4.0. The Logistics Automation Industry has
been a growing part of the industrial automation sector. The Logistics
Automation Market automates different sectors of industries like tracking,
documentation. The use of automation not only speeds up industrial operations
but also diminishes the room for human error.
The Logistics Automation Market has been growing
over the last few years. The Logistics Automation Market will grow by the rate
of 4 percent in the next few years. The Logistics Automation Market will be
supported by the global transformation of industries that will operate over
different parts of the world. The Logistics Automation Market creates better
operational frameworks for the transport and freight department of industries.
From large-scale industries to small-scale warehouses, logistics automation
comes into use in different sectors of the industries. The worldwide growth in
the e-commerce industry and the expanding need for efficient warehousing and
inventory management are also driving the market growth. Thus, the Logistics
Automation Market will see major trends of growth.
The use of heavy logistics automation in the
shipping and transport industry is a very present growth driver of the Logistics
Automation Market. The use of logistics automation in the shipping and
transport industry has been growing because of large-scale cargo transport. The
opportunities for Logistics Automation Market growth are many in the forecast
period. The advancement of industrial and manufacturing robotics due to
Research and development is also a huge contributor to the Logistics
Automation Market Size growth.
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Market Segments
The Logistics Automation Market is divided into
different industrial segments based on component, organization size, and
functions. The Logistics Automation Market segment by component further has
sub-segments of hardware integrated systems, transport management systems, and
warehouse management systems. On the basis of organization size, the Logistics
Automation Market divides into Small Medium size, Large Scale organization,
etc. On the basis of functions, the Logistics Automation Market divides into
transportation and warehouse management systems. The Logistics Automation
Market segment further expands into healthcare, manufacturing, transport,
logistics, etc.
Regional Analysis
The Logistics Automation Market Analysis by
Region takes into consideration the different regional markets it divides into.
The Logistics Automation Market divides over the regions of North America. Asia
Pacific, Europe, Latin America, and MEA. The Asia Pacific region will register
the highest CAGR in the forecast period.
Industry news
The key players of the Logistics Automation Market
have taken up many initiatives to support the market's growth in the
discussion. Apart from mergers, acquisitions, and partnerships, many companies
are also investing in Research and development. The introduction of cloud-based
robotics and the use of active warehouse solutions are major recent news in the
sector.
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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 Analysis
Market Research Future (MRFR) estimates the global private
LTE marketsize to reach USD 5,381.9 million at a CAGR of 14.7%
from 2020 to 2027 (forecast period).
Several Factors Contributing to Market Growth
A private LTE network is distinct from conventional networks that use
connectivity technologies such as Ethernet and Wi-Fi to provide safe and
dependable communications. Private LTE networks provide a connection for human
and machine interactions via a single, dependable network that communicates via
portable radios and provides new revenue streams for Internet of Things
(IoT)-enabled devices.
Mobile communication technology advancements, such as the spread of 4G
networks, have profoundly impacted businesses, corporations, and cities all
over the world. This has raised the need for private Long Term Evolution (LTE)
networks, which provide dedicated high network capacity and high speed 4G
mobile communications capabilities. These networks enable organizations to
improve operational efficiency and provide innovative network solutions, which
boosts the demand for the high quality of services (QoS) to end users.
A surge in demand for unique and defined network qualities, increasing
deployment of private LTE networks in public safety agencies, adoption of LTE
technology in smart cities applications, and the emergence of 5G in conjunction
with private LTE are some of the major factors driving the growth of private
LTE networks.
Market Segmentation
The global private LTE industry has been segmented based on technology,
services, spectrum band, application, and industry vertical.
Based on the technology, the worldwide private LTE market has been
divided into time division duplex (TDD) and frequency division duplex (FDD).
Depending on the spectrum band, the global private LTE market has been
segmented into Licensed Shared Access (LSA), Licensed-Assisted Access (LAA),
MulteFire, and Citizens Broadband Radio Service (CBRS).
By services, the global private LTE market has been categorized as
professional services and managed services. The professional services segment
has further been split into consulting services, support and maintenance
services, and integration and deployment services.
Based on application, the global private LTE market has been segmented
as real-time surveillance, operations visibility and optimization,
authentication and access control, worker safety monitoring, remote diagnostics
and predictive maintenance, logistics and supply chain management, and asset
management and uptime assurance.
On the basis of industry vertical, the worldwide private LTE market has
been divided into mining, oil & gas, healthcare, utilities and power,
industrial manufacturing, government, and defense.
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Regional
Analysis
North
America to Dominate the Global Market
North
America dominated the worldwide private LTE market in 2018 and is predicted to
continue to do so during the forecast period. Rising vendor advancements to
develop high-end LTE solutions, as well as expanding government initiatives to
provide CBRS spectrum for vendors to implement networking solutions for
government, commercial, and public safety organizations, are driving market
expansion.
Key
Players
According
to MRFR analysis, some of the major players in the global private LTE market
include SAMSUNG (South Korea), Nokia Corporation (Finland), LM Ericsson
(Sweden), Sierra Wireless (Canada), Huawei Technology Co. Ltd (China),
NetNumber Inc. (Netherlands), Verizon (US), Cisco Systems, Inc. (US), Qualcomm
Incorporated (US), ARRIS International Limited (US), Future Technologies, LLC
(US), Boingo Wireless, Inc (US), Casa Systems (US), and General Dynamics
Mission Systems, Inc (US).
Apart
from these, some other vendors that operate in the global private LTE market
include LEMKO Corporation (US), PDVWIRELESS (US), Quortus Limited (UK), Ambra
Solutions Inc. (Canada), Zinwave (US), Athonet SRL (Italy), Mavenir (US), and
Star Solutions (Canada).
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The global real-time
bidding marketis growing rapidly. The market growth attributes to
the growing trend of social media platforms and the continuously increasing
number of internet users. Besides, the penetration of information &
communication technology drives the growth of the market. Also, the integration
of machine learning (ML) and artificial intelligence (AI) techniques in RTB
platforms escalate market growth, enabling service providers to offer
innovative features.
According to Market Research Future (MRFR), the global real-time bidding
market is poised to create a valuation of USD 18.56 BN by 2023, growing at
30.8% CAGR throughout the assessment period (2018-2023). In its recent COVID 19
analysis on the real-time bidding market, MRFR confirms that in 2018 the market
had crossed a valuation of USD 4.85 BN. The emergence of an intelligent cloud
platform would promote the development of the market platform and the comprehensive
expansion of businesses.
The main aim of deploying digital devices is to improve interfaces in
real-time web surfing and applications, significantly increasing data usage
over wireless networks. This, along with the rising adoption of communication platforms,
boosts the market growth. Additionally, the increasing demand for wireless data
services for exchanging information, alongside the growing adoption of smart
connected devices across the globe accelerate market growth.
Attractive advantages of real-time bidding technologies such as
triggering bid request containing data about demographic information, internet
usage history, location, and page loading time for an ad exchange, influence
the market growth. The advent of advanced cell phones, tablets, and high-tech
hand-held devices connected to wireless networks fosters the growth of the
market. Additionally, spurring growth in the dramatically rising end-users
encourages market demand.
On the other hand, technical and network issues are significant factors
predicted to impede the growth of the market. Also, the lack of infrastructure
poses challenges to the real-time bidding market growth especially in the
developing region. Nevertheless, the availability of futuristic technologies
would support market growth throughout the forecasted period.
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Global Real-Time Bidding Market – Regional Analysis
North America dominates the global real-time bidding market. The largest
market share attributes to the strong presence of key RTB service providers in
the region. Besides, the early adoption of bidding solutions creates a
substantial demand in the real-time bidding market. The US, Canada, and Mexico
are the leading countries in the region in terms of RTB services adoption.
Moreover, high R&D investments and technological advances increase the
real-time bidding market size. The North American real-time bidding market is
projected to retain its dominance throughout the estimated period.
Europe stands second in the global real-time bidding market. Market
growth is driven by the spurting growth in end user industries, such as media
& entertainment, retail & eCommerce, travel & luxury, mobile apps,
games, and others. Also, the increasing purchasing power and the penetration of
bidding solutions substantiate the growth of the market. Moreover,
well-established gaming sectors and the proliferating information technology
fuels the regional market growth. The European real-time bidding market is
expected to create a substantial revenue pocket during the review period.
The Asia Pacific region holds a considerable share in the global
real-time bidding market. Increasing investments in digital marketing,
alongside the strong presence of notable market players and internet users, are
major driving forces. Moreover, increased adoption of bidding technologies and
digital technologies such as smartphones, laptops, and tablets boost the
regional market growth. Australia, Japan, and South Korea account for
considerable shares in the Asia Pacific market. The APAC real-time bidding
market is forecasted to grow at an impressive CAGR during the assessment
period.
Global Real-Time Bidding Market – Competitive Landscape
Highly competitive, the real-time bidding market appears fragmented due
to the presence of several well-established players. To gain a competitive
share, industry players are increasingly adopting strategies such as mergers
& acquisitions, collaboration, expansion, and product launch. The industry
is intellectual property and technology-intensive, which challenges new
entrants and small players.
To develop new solutions and cut down development costs & time,
these players form to collaborate and partner with other players. Technology
providers use a variety of distributions channels and are increasingly engaging
social media to generate inbound leads.
Major Players:
Players leading the global real-time bidding market include Facebook,
Inc. (US), Google LLC (US), Adobe Inc. (US), Smaato, Inc. (US), PubMatic, Inc.
(US), WPP PLC (UK), The Rubicon Project, Inc. (US), YANDEX LLC (Russia),
Salesforce.com, Inc. (US), MEDIAMATH, INC. (US), Criteo (France), AppNexus
(US), MoPub (US), Verizon Media (US), and Match2One AB (Sweden), among
others.
Industry/ Innovation/ Related News:
July 30, 2020 ---- Taoping Inc. (China), a leading IT service
management company, announced the upgrade of its Taoping Smart Cloud Platform
to expand its business. With the upgraded Taoping Smart Cloud Platform, the
company would accelerate the integration of offline scenes and online Internet
interaction channels, open connection to third-party DSP, ADX Internet traffic
platforms, and evaluate online and offline traffic interoperability through
Real-Time Bidding (RTB) technology.
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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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Research Future (Part of Wantstats Research and Media Private Limited)
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Regional Analysis
A geographical analysis of the global Security Advisory Services market is conducted for North America, Europe, Asia-Pacific, and the rest of the world.
The market in Asia-Pacific is expected to be the fastest-growing during the forecast period, 2018-2023. The regional market has been segmented into China, Japan, India, and the rest of Asia-Pacific. The countries in the region, such as China, India, Japan, Singapore, and South Korea are expected to show a fast adoption of Security Advisory Services in the upcoming years.
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Market Highlights
The global Security Advisory Services market has also been segmented based on service, organization size, and industry vertical.
By organization size, the market has been segmented into large enterprises and small & medium-sized enterprises (SMEs). Large enterprises are expected to contribute the larger share while the SMEs segment is expected to grow at the higher CAGR from 2018 to 2023.
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Key Players:
The key players in Security Advisory Services market are Deloitte Touche Tohmatsu Limited (US), Ernst & Young Global Limited (UK), KPMG International Cooperative (Netherlands), PricewaterhouseCoopers Private Limited (UK), Coalfire Systems, Inc. (US), CybeRisk (US), Cisco Systems, Inc. (US), Tata Consultancy Services Limited (India), eSentire, Inc. (Canada), Security Compass (Canada), Novacoast, Inc. (US), Kudelski Security (Switzerland), DXC Technology Company (US), Rapid7 LLC (US), and Intertek Group PLC (UK).
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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)
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Email: sales@marketresearchfuture.com
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Market Analysis
Market Research Future (MRFR) projects the global enterprise quantum computing market to reach a market value of USD 3 billion at a 34% CAGR from 2018–2023 (forecast period).
Multiple Factors Boosting the Global Market
Various factors such as the increasing cybercrime incidences, early adoption of quantum computing in the defense and automotive industries, increased investments by government bodies, active collaborations and partnerships between start-ups and academic universities are propelling the global enterprise quantum computing market over the forecast period.
Difficulty in Implementation
Complexity in implementation is one of the significant factors predicted to hamper the market growth in the coming years. Additionally, compatibility concerns within low-temperature constraints, as well as the utilization of quantum entanglement during network communication, are some of the market's obstacles.
Market Segmentation
The global enterprise quantum computing market has been segmented into component, deployment, technology, application, and vertical.
Based on components, the global enterprise quantum computing market has been segmented into hardware, software, and services.
Based on deployment, the global enterprise quantum computing market has been segmented into on-premise, on-cloud and hybrid.
Based on technique, the global enterprise quantum computing market has been segmented into simulation, superconducting, and quantum annealing, among others
Based on application, the global enterprise quantum computing market has been segmented into advanced cryptography, data analytics, pattern recognition, medical research, automation, and optimization, among others.
Based on end-user, the global enterprise quantum computing market has been segmented into aerospace & defense, automotive, IT and telecommunication, BFSI, medical, chemical, transportation, energy and power, among others.
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Regional Analysis
North America to Lead the Global Market
At the moment, North America leads the worldwide enterprise quantum computing industry, followed by Europe, Asia Pacific, and the Rest of the World. Heavy investments in research and development of quantum computing technology by enterprises and governments in the region, particularly the United States, are projected to drive market expansion in North America. In the North American enterprise quantum computing market, the United States currently has the largest market share. The presence of technological leaders in the country, such as Google, IBM Corporation, and Intel, is also projected to contribute to market growth in the coming years.
Europe to Hold the Second Spot in the Global Market
In 2018, Europe was the second-largest revenue-generating market for enterprise quantum computing. Several initiatives by governments in this region are favorably boosting the growth of the enterprise quantum computing market. The European Union, for example, launched a USD 1.2 billion quantum flagship initiative with the goal of putting Europe at the forefront of quantum computing. In 2018, the UK market accounted for the largest share of the European enterprise quantum computing market. The presence of significant players in the country, such as Cambridge Quantum Computing Ltd, has aided the development of quantum technology in the region.
APAC to Witness the Fastest Growth Rate
During the forecast period, Asia Pacific is expected to develop at the quickest CAGR. China and South Korea are leading the way in the development of quantum computing technologies. However, a dearth of skilled employees is impeding the growth of the region's enterprise quantum computing market.
Key Players
Market Research Future has recognized the following key players in the market—QRA Corp, Intel Corporation, D-Wave Systems Inc, Cambridge Quantum, Computing Ltd, QC Ware Corp., Rigetti & Co, Inc., QxBranch, Inc., IBM Corporation, Google LLC, Quantum Circuits, Inc., Microsoft Corporation, Cisco Systems, and Atos SE among 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