Automotive Infotainment Market Size: Industry Trends and Overview 2024

The global Automotive Infotainment Market is expected to reach USD 40.17 billion by 2024 driven by the rising consumer demand for in-vehicle entertainment. Technological advancement coupled with the rising disposable income of the population contributing to the huge demand for passenger cars and other vehicles is expected to play a vital role in driving market growth.

North America dominated the global market contributing to 35.2% of the revenues generated in 2016. Rapid adoption of these systems by consumers has resulted in the presence of a robust market in the region.

Asia Pacific is expected to show significant growth at a CAGR of 14.7% over the forecast period owing to the rising consumer income, growing urban population and increasing sale of luxury cars. Acknowledging above factors, car manufacturing companies are partnering with audio equipment manufacturing companies to enhance their cars with high-quality infotainment products. For example, Toyota has been using BlackBerry’s QNX in their cars for the last four years.

Blackberry’s QNX has been the most widely used OS, on account of its ability to provide automate the car by providing hands-free calling, mapping, and internet service. However, Linux is expected to take over the leading position and grow at the fastest CAGR of 32.9% over the forecast period. Preference of open source as it allows car manufacturers to tweak the module to provide unique features limited only to a company is expected to augment growth.

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North America was the largest market in 2016 owing to the high adoption rate of the technology coupled with consumer preference of an automated car over manual ones. Moreover, the emergence of mobile phones in the last decade coupled with the rising number of accidents caused due to distractions has resulted in a high demand for digitalized and automated infotainment systems.

Options such as mobile connectivity via Bluetooth, wi-fi, USB ports and cloud data & data storage is expected to fuel the automotive infotainment market owing to easy consumer access to daily work. Growing use of navigation system in commercial vehicles to search for more efficient routes and to save time is anticipated to be the key drivers in the rising installation of navigation system which is further expected to fuel the market for automotive infotainment systems.

Hexa Research has segmented the global automotive infotainment market based on vehicle, OS, and region:

Segmentation by vehicle, 2014 - 2024 (USD Million)
• Passenger cars
• Commercial vehicles

Segmentation by OS, 2014 - 2024 (USD Million)
• Linux
• QNX
• Microsoft
• Others

Segmentation by region, 2014 - 2024 (USD Million)
• North America
    • U.S.
• Europe
    • Russia
    • Germany
• Asia Pacific and Oceania
    • China
    • India
• Rest of the World

Key players analyzed
• Harman International
• Denso Corporation
• JVC Kenwood Corporation
• Delphi Automotive PLC
• NXP Semiconductors
• Alpine Electronics Inc.
• Pioneer Corporation
• TomTom International
• Blaupunkt GmbH
• Nuance Communications

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Software Defined Data Center Market Overview and Trends 2024

The global Software Defined Data Center Market is expected to reach USD 259.10 billion by 2024, driven by its ability to optimize operations through data center management and virtualization capabilities. Besides, it also offers cost saving advantages, though it involves considerable initial investment.

SDDC delivers a common virtualization infrastructure for computing, storage, and networking in a software tool. Additional benefits provided by SDDC including data security, control over application accessibility, reduction in energy consumption and an increase in efficiency.

In 2016, North America dominated the market accounting for 47.6% of the share in 2016, as a relatively large number of businesses in various verticals had deployed SDDC. The migration towards SDDC is prevalent in medium to large scale businesses as they strive to reduce their operational expenditure.

Over the forecast period, Asia Pacific region is expected to consolidate its position in the SDDC market growing at a CAGR of 36.7%, driven on the basis of prevailing adoption by businesses in the region. Much of growth in the Asia Pacific region is expected to rise from countries such as India and China, where the focus is on optimizing processes.

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Over the past few years, the market has also witnessed growing adoption of SDDC by small and medium scale businesses, besides large businesses which have been the key early adopters of SDDC. In terms of deployment among the various industries, BFSI & government segment commanded the major share in 2016. The demand from the segment is projected to increase over the forecast period as it enables companies to reduce their existing data center specific capital expenditure and provide enhanced service quality and efficiency.

However, the difficulty in integration of SDDC with the existing IT infrastructure can hinder the growth of SDDC market. Another potential challenge in its growth can be the migration of operations, as organizations may not feel the need to switch to SDDC, and may continue with their existing infrastructure. Besides, there is an upfront cost associated with the implementation of SDDC, which may limit its adoption mainly among medium to small scale businesses. Key players in the global market include IBM, Microsoft, Hitachi, and Cisco.

Hexa Research has segmented the global software defined data center market based on network solution, end-use, industry and region:

Segmentation by network solution, 2014 - 2024 (USD Million)
• Software defined networking (SDN)
• Software defined Storage (SDS)
• Software defined Compute (SDC)

Segmentation by end-use, 2014 - 2024 (USD Million)
• Large Scale
• Medium Scale
• Small Scale

Segmentation by network service, 2014 - 2024 (USD Million)
• Consulting & Assessment Services
• Integration & Deployment Migration Services
• Managed Services

Segmentation by industry, 2014 - 2024 (USD Million)
• IT & Telecom
• Retail
• Healthcare
• BFSI & Government
• Manufacturing
• Others

Segmentation by region, 2014 - 2024 (USD Million)
• North America
    • U.S.
• Europe
    • UK
    • Germany
• Asia Pacific
    • India
    • China
• Central & South America
• MEA

Key players analyzed
• VMware, Inc
• Microsoft Corporation
• Cisco Systems, Inc.
• Hitachi, Ltd.
• IBM Corporation
• Fujitsu, Ltd.
• Citrix Systems
• NEC Corporation
• EMC Corporation
• Hewlett Packard Enterprise Co.

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Library Management Software Market Trends and Industry Overview 2024

The global LibraryManagement Software Market is expected to reach USD 2.80 billion by 2024. Emerging trend automating library functions is expected to be one of the key driving factors of the market. In 2016, North American dominated the global market contributing to 40.5% of the market share pertaining to the increasing number of online libraries along with corporates. Asia Pacific is expected to grow at the fastest CAGR over the forecast period pertaining to the increasing awareness of education in the region.

In compliance with the driving factors, companies are focusing on software development as well as mergers and acquisitions to expand their presence in global market. For instance, in October 2015, ProQuest successfully acquired Ex Libris to provide new solutions that will help libraries to seize the opportunities in rapidly changing technology. This strategy has been helpful to both libraries and the company’s financial position on accounts of profound investments in research and libraries.

The companies are also focusing on expanding their software portfolio to maximize its end use through means of various strategies. For instance, in April 2015, EBSCO acquired an online platform named LearningExpress which would benefit the company to expand its student library range to help the students improve their academic skills and get ready for mock test series.

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Cloud-based library solutions dominated the global library software market in 2016 and are expected to maintain its position over the forecast period. Furthermore, the cloud-based software was extensively used owing to several benefits like multi lingual articles, multiple format support and easy access. Furthermore, steady demand for on-premises solutions on account of several benefits including user comfort, pleasant surrounding along with rising footfall of students is expected to upsurge the progression of the market. This segment is expected to grow at CAGR of 2.7% over the projection period

The lucrative growth of library management software market primarily driven by increasing tangible stock which is also likely to be favored by easy access and use through smartphones or any other online platforms. These factors are expected to result in a noticeable growth of the global library management software market over the next forecast period.

Hexa Research has segmented the global library management software market based on deployment, end-use and region:

Segmentation by deployment, 2014 - 2024 (USD Million)

• Cloud based

• On-premises

Segmentation by end-use, 2014 - 2024 (USD Million)

• School Library

• Public Library

• Academic Library

• Others

Segmentation by region, 2014 - 2024 (USD Million)

• North America

    • U.S.

• Europe

• Asia Pacific

    • China

    • India

• Central & South America

• MEA

Key players analyzed

• Civica Pty Limited

• ProQuest

• Innovative Interfaces, Inc.

• SirsiDynix

• Book Systems Inc

• Insignia Software.

• PrimaSoft PC

• Follett Corporation

• Soutron Ltd.

• LIBSYS Ltd.

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Cloud Security Market Size, Share, Growth, Industry Analysis and Forecasts to 2024 - Hexa Research

The global Cloud Security Market to reach USD 12.64 billion by 2024, driven by the increasing use of cloud services for data storage and curbing advances of cyber-attacks. It can be a product or solution focused on the security of compliance, governance and data protection.

Cloud-based services for data storage have increased over the past few years. Furthermore, companies are transferring their data to these servers owing to flexibility and cost saving. It is also used in non-traditional sectors such as online gaming and social media due to high storage space.
Cloud identity & access management were widely used followed by email & web security owing to increasing demand for high-level security of data and identity security in organizations. Public services held 35.6% of the market share in 2016 owing to its strong security track record and transparency of leading cloud providers. However, hybrid deployment is estimated to be fastest growing market owing to cost saving model, improved security, and enhanced organizational performance.

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Demand for safety solutions in government agencies, healthcare, e-commerce, insurance, and banking has been increasing as a result of rising incidence of cyber-attacks. Large scale enterprises are increasingly adopting cloud security services owing to frequent attacks on data centers. Small & medium scale enterprises are estimated to show considerable growth at a CAGR 35.1% over the forecast period as there is increased awareness of security threats.

North America is the major revenue generator owing to advanced IT infrastructure and presence of a large number of cloud security providers in this region. European countries such as U.K., France and Germany are key user countries of these solutions. Asia Pacific is expected to witness a double-digit growth over the forecast period owing to increasing IT infrastructure.

Cloud Security Alliance, a Non-Profit Organisation, was established in 2008 to promote best practices for safety in the space. The organization provides education for security in all forms of cloud services. Lack of awareness about security, inconsistent network connections in developing countries and lack of proper standards are restraining factors for cloud security market.

Active companies in the market are adopting the strategy of merger & acquisition. For instance, in 2016, Symantec acquired Blue Coat to expand its operation in cybersecurity space.

Hexa Research has segmented the global cloud security market based on type, end user, deployment, vertical and region:

Segmentation by Type, 2014 - 2024 (USD Million)
• Cloud Identity & Access Management
• Data Loss Prevention (log & SIEM)
• Email & Web Security
• Cloud Database Security (Virtualisation)
• Cloud Encryption
• Network Security (Firewall)

Segmentation by End User, 2014 - 2024 (USD Million)
• Large scale enterprises
• Small & medium scale enterprises

Segmentation by Deployment, 2014 - 2024 (USD Million)
• Public
• Private
• Hybrid

Segmentation by Vertical, 2014 - 2024 (USD Million)
• Healthcare
• BFSI
• IT & Telecom
• Government
• Retail
• Others

Segmentation by Region, 2014 - 2024 (USD Million)
• North America
    • U.S.
• Europe
    • UK
• Asia Pacific
    • China
    • Japan
• Central & South America
• MEA

Key players analyzed:
• Trend Micro Inc.
• Intel Security
• Symantec Corporation
• International Business Machines Corporation
• Cisco Systems, Inc.
• CA technologies
• Fortinet, Inc.
• Sophos Ltd.
• Ciphercloud, Inc
• Check Point Software Technologies Ltd.


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