Technology Market report

Thursday, 23 January 2020

Application Management Services Market: Key Players, Application and Future Scope, 2025

The global Application Management Services Market is estimated to reach USD 87.60 billion by 2025, according to a new report by Grand View Research, Inc. The industry is expected to witness a steady growth owing to the increasing demand from the financial services sector and healthcare industry.

Application management services encompass a wide range of implementation and operational services that are vital to application maintenance, optimization, support and modernization, and migration. As the number of applications used and deployed by organizations is increasing continuously, the need to monitor and manage these services for business efficiency and continuity is driving the demand for application services across different industries.

Companies today make use of a myriad set of applications to address client needs, deal with numerous stakeholders in the value chain, and keep abreast with the rapidly evolving technology landscape. These conditions have been augmented with the advent of new trends such as Internet of Things, cloud, and analytics, which are disrupting the traditional system models. Owing to these factors, the application management services are anticipated to witness a steady rise in demand over the years to come.

The application services industry is quite mature, which can be attributed to the presence of many traditional service providers who are entrenched firmly in the market. As the technological adoption gains velocity in the industry, delivery models and service scopes are set to exhibit a dramatic change with Software as a Service and cloud deployments playing a significant role in the market.

Browse Details of Report @
http://www.grandviewresearch.com/industry-analysis/application-management-services-market

Further key findings from the report suggest:

The industry is marked by the presence of big enterprises such as Cognizant, Accenture, IBM, Capgemini, and Deloitte
The banking, financial services, and insurance segment is anticipated exhibit a significant increase in demand
IT cost reduction, digitalization, and the need for gaining agility, reliability, and integrated system models will shape the nature of services provided and sought after in the market
The impact of changing industry dynamics will be profoundly exhibited on outsourcing, whether offshoring or onshoring industries, at a global level
The lack of innovation, communication gaps, and inefficient methods for change management and governance may become major hurdles in the industry’s growth over the forecast period

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Wednesday, 22 January 2020

Data Center Cooling Market by Key Players, Application and Forecast to 2025

The global Data Center Cooling Market size is expected to reach USD 20.7 billion by 2025 expanding at a CAGR of 13.5%, according to a study conducted by Grand View Research, Inc. Rising number of data centers, increasing usage of cloud computing, and increased demand for eco-friendly cooling technologies are some of the key factors that are expected to boost the market growth.

Emergence of cloud computing coupled with initiatives by government organizations to promote the adoption of cloud technology and enable prominent vendors to introduce technological advancements is driving the market growth. For example, the government of UAE introduced various projects including Smart Dubai and Smart Abu Dhabi, which were aimed at bringing about digital transformation and economic growth in the country. Such initiatives are expected to drive the market in UAE.

Data center cooling accounts for over 30% of the total energy consumption. In the current scenario, companies are moving toward sustainable cooling, which can save up to 80% or more on energy costs for cooling. For instance, Apple’s North Carolina data center facility operates completely on sustainable, eco-friendly power sources as data center cooling is achieved through the free-air cooling technique, allowing the chillers to be off 75% of the time.

Additionally, there is a rise in pressure from the local and federal government agencies, environmentalists, and the general public for organizations to implement green initiatives. Therefore, high demand for eco-friendly and cost-effective cooling solutions is expected to propel the market growth. However, high installation and maintenance costs, electricity consumption, and carbon emissions are some of the challenges affecting the industry growth.

Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/data-center-cooling-market

Further key findings from the study suggest:

Telecom segment accounted for over 20.0% of the total market share in 2018 owing to increased penetration of 4G services and development of 5G infrastructure that has data-intensive networks
Furthermore, growing number of telecom subscribers using smartphones and tablets is anticipated to boost the demand for data centers, thereby propelling the market growth
Middle East region is expected to witness substantial growth owing to rising need for enhanced cooling techniques
Several IT companies, including Google Inc., Oracle Corporation, and Alibaba, have announced their plans to build data centers in the Middle East
Europe is also anticipated to witness a significant growth owing to cold weather conditions in Nordic countries
The raised floor with containment segment is expected to register the fastest CAGR 6% from 2019 to 2025
Major companies in the market are Schneider Electric, Rittal GmbH & Co. KG, Hitachi, Ltd., Fujitsu Limited, and Vertiv Co. Most of these industry participants focus on introducing different techniques to enhance their market presence

Tuesday, 21 January 2020

3D Display Market: Growth Drivers and Prospects, 2025

The global 3D Display Market size is expected to reach USD 204.16 billion by 2025, according to a new study by Grand View Research, Inc., exhibiting a CAGR of 19.4% during the forecast period. Surging demand for enhanced imaging and viewing experience is estimated to be one of the key trends augmenting the market. Rising use of 3D technologies across a variety of applications in several industries will further boost market growth.

North America was the leading revenue contributor in 2016. However, it is projected that Asia Pacific will witness significant growth and become the highest revenue generating regional market by 2025. Robust growth of the entertainment and gaming industries, especially in Japan, China, and India, is poised to play a vital role in revving up the adoption rate over the forecast period.Presence of major OEMs is contributing significantly toward regional growth.

Stereoscopic 3D products are useful in numerous applications including TVs, smartphones, tablets, and computers. Key players in the market have introduced compatibility in HMD with minimum hardware requirement. Multinational conglomerates such as Sony and Samsung prominently operate in the business of HMD.

Emerging display technologies such as OLED are likely to gain increased market penetration over the forecast period owing to increasing implementation in various devices, thereby offering improved picture quality and performance. However, lack of compatible content and high cost of these products are expected to negatively impact the overall market.

Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/3d-display-market

Further key findings from the study suggest:

The HMD product segment is anticipated to witness significant growth at a CAGR of over 25.0% from 2017 to 2025. The growth of the segment can be attributed to advancements in the technology and lower prices of these displays
The stereoscopic segment represented more than two thirds of the market revenue in 2016. Advancements in autostereoscopic technology are poised to trigger the growth of this segment
The OLED segment is projected to post a CAGR of 27.4% during the forecast period, owing to increasing adoption of OLED displays in numerous electronic devices such as TV, smartphones, tablets, and laptops
TV was the most prominent application segment in 2016, representing closet to 75.0% of the overall market revenue. Consumer electronics manufacturers (CEMs) are trying to enhance viewing experience of users by incorporating 3D display technologies
Asia Pacific is likely to experience the highest growth over the forecast period. Changing consumer preferences in developing economies and flourishing entertainment and gaming industries are escalating the demand for 3D displays
Global players include Samsung, LG, Sony, Toshiba, Sharp, Panasonic, Nikon, Canon, and Fujifilm. These key players are adopting organic and inorganic growth strategies such as investments in R&D, product innovation, and M&A activities to acquire larger industry share.

Cognitive Computing Market by Key Players, Technology, Application and Forecast to 2025

The global Cognitive Computing Market size is expected to reach USD 49.36 billion by 2025, according to a new report by Grand View Research, Inc. In Europe and North America, the market is anticipated to expand owing to rising demand for cognitive computing technology. Growing use of technology can allow business organizations to incorporate advanced data analytics in their business processes and calculate the risk linked to strategic initiatives.

Most leading players are likely to focus on R&D investments to adopt advanced cognitive solutions. In addition, companies are expected to indulge in mergers and acquisitions to make most use of technology in favor of their organization.

The incorporation of features, such as Artificial Intelligence and Internet of Things that enables automated integration between software, hardware platform, and the consumer, is energizing the industry growth prospects. These features subsequently influence the market dynamics and accelerate the growth momentum to rise to its optimal level.

The increasing consumer preference toward profound data analysis is a favorable trend observed in the market. The continuous development of cloud computing platform and on-premises hardware equipment for the safe and secure data storage is instrumental to the widespread adoption of cognitive solution across diverse industrial verticals.

The cognitive computing solution has the potential to perform analysis and support business decision making against a huge amount of data generated daily across various industries. It also has the potential to identify anomalous behavior in the data by inspecting usage patterns to block the cyber-attacks.

Browse Details of Report @
http://www.grandviewresearch.com/industry-analysis/cognitive-computing-market

Further key findings from the study suggest:

The natural language processing technology segment dominated the industry, accounting for over 40% of the overall volume due to the surging demand for pattern recognition
Cloud systems are expected to gain momentum as they facilitate secure and integrated data storage solution according to the business requirements
The Asia Pacific region is predicted to emerge as the fastest growing market owing to the rise in small and medium enterprises in emerging countries, such as India and China
Prominent vendors operating in the market include Google, IBM, Microsoft Corporation, Oracle Corporation, SAP, Statistical Analysis System (SAS), and Saffron Technology
Increased focus on research and development activities and adoption of artificial intelligence are being observed in the industry

Fingerprint Access Control Systems Market: Growth Drivers and Prospects, 2024

The global Fingerprint Access Control Market size is expected to reach USD 11.88 billion by 2024, according to a new report by Grand View Research, Inc. Technological proliferation backed by increasing need for secure authentication and recognition of individuals across distinct end-use industries are the factors expected to impel fingerprint access control market growth over the forecast period. Moreover, declining prices of fingerprint technology has led to an overall increase in its global demand.

Favorable government initiatives and standards worldwide is expected to contribute to the industry growth over the forecast period. The governments across several countries have formed regulations governing the usage, gathering and disposal of biometric information by entities, however the affluence of these laws varies extensively over regions. For instance, in the U.S. state of Illinois with its Illinois Biometric Information Privacy Act, 740 ILCS 14/1, et seq. and Texas with its Bus. & Com. Code Ann. § 503.001 strictly regulate the use, revelation, and the final destruction of biometric data by a private entity. The state of Illinois compels such entities to develop written policies describing their biometric data collection methods.

Use of fingerprint access control in government and commercial sector has contributed immensely to industry growth. Need for security is one of the key factors driving market demand. Multimodal biometrics based products have enticed popularity specifically in passport and e-IDs verification systems.

Browse Details of Report @
http://www.grandviewresearch.com/industry-analysis/fingerprint-access-control-systems-market

Further key findings from the study suggest:

The optical product segment dominated the industry with overall revenue share of over 38% in 2015. Optical access control provides larger sensing area, better image quality, higher resolution, and robust operations. However, capacitive is a recent technology and is relatively cheaper than optical sensors. It can be embedded into smaller devices and are prone to dirt. Owing to these features the segment is expected to witness significant growth with a CAGR of nearly 18.0% over the forecast period.
Commercial and government applications segment have high penetration rate and captured over 50% of the revenue share in 2015 to strengthen internal and external security. Government sector is among the early adopters of biometrics technologies such as fingerprint and iris scanning and currently represents the significant end-user of the technology.
BFSI sector is anticipated to grow rapidly with the significant CAGR of over 21% from 2016 to 2024.Proliferation of mobile devices such as smartphones with fingerprint authentication capability has paved the way for mobile logon. Banks and other financial organizations now offer biometric login facility for their mobile banking apps to ensure the authorized transactions. Biometric modalities offer a secure way to authenticate user identity and shield against cybercrime.
North America is estimated to be a major regional segment with over 34% of the overall revenue share in 2015. However, Asia Pacific and MEA are expected to grow at a considerable rate owing to the increasing penetration of smartphones and favorable government regulations. Increasing terror activities and crime rate globally have generated the need for added security and control measures. Technological advancements and government initiatives towards access control is expected to drive the industry growth over the next eight years.
The key industry players in the fingerprint access control market include 3M Cogent, Anviz Global, Cross Match Technologies Inc., ViRDI Tech, Daon Inc., Entertech Systems, Hitachi Omron Terminal Solutions, IDtech 360, NEC Corporation of America, Lockheed Martin Corporation, SecuGen Corportaion, Safran Group, Suprema Inc., Merkatum Corporation, Fingerprint Cards AB (FPC), Diamond Fortress Technologies, Aware, Inc., and ZKTeco. Owing to increasing penetration across several end-use industries such as healthcare and consumer electronics, manufacturers are developing unique solutions to address the needs of varying applications such as identity verification or mobile health monitoring.

Monday, 20 January 2020

Mobile POS Terminals Market: Growth Drivers and Prospects, 2022

The Global Mobile POS Terminals Market is expected to reach USD 42.99 billion by 2022, according to a new study by Grand View Research, Inc. Mobile POS terminals have evolved from basic payment processing tools to advanced analytics solution providers with greater processing capability and wireless communication support. The inflection of these terminals came with the adoption of consumer grade devices such as tablets for business use. Ubiquitous wireless connectivity such as the Bluetooth, availability of mobile printers, scanners, card readers and peripheral devices; and multiple platform support have driven the mobile POS terminals market in various applications.

Sophisticated data analytics, growing credit card payments and ever-changing consumer expectations are expected to spur the mobile POS terminals industry. This growth has encouraged retailers to leverage new applications and strategies to deliver seamless customer experience. Mobile applications have the ability to create new channels for revenue growth; as a result, vendors are increasingly trying to understand various marketing channels available in order to leverage technology to compete. Flexibility of having a tablet-based mobile POS owing to low installation costs has attracted SMBs to invest in this technology. Reduced customer time in line, increased security, free floor space and paper-free receipting services are the features driving mPOS terminals demand over traditional or fixed terminals.

The growing penetration of tablet devices, rising base of SMBs and micro-merchants, need for effective line-busting schemes to encourage card adoption are expected to propel market growth over the coming years. However, lack of standardization and data security concerns may restrain mobile POS terminals market growth. Increased penetration of Near Field Communication (NFC) in mobile devices is expected to augment demand.

Browse Details of Report @ http://www.grandviewresearch.com/industry-analysis/mobile-pos-terminals-market

Further key findings from the study suggest:

· The mobile POS terminals market primarily includes components such as hardware and software. Mobile POS hardware systems accounted for majority of the market share in 2014; the segment is expected to lose market share through the forecast period. The software segment is expected to witness growth as consumers shift towards the use of consumer-grade electronics devices such as tablets for managing their POS needs.

· Retail segment accounted for over 30% of the overall market share in 2014. Growing adoption of mobile POS technology across SMBs and micro-merchants is expected to drive segment growth.

· Asia Pacific and Latin America mobile POS terminals market are expected to witness substantial growth over the forecast period. This may be primarily attributed to increasing low-cost manufacturing activities in the region. Surge in demand across application segments is expected to spur the regional market.

· Notable companies operating in the industry such as Verifone, Ingenico, and Micros Systems provide various handheld and tablet-based mobile POS solutions. Verifone Systems introduced these solutions for SMBs along with iPayment to address the need of the marketplace.

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Leisure Boat Market - Avon Marine; Azimut Benetti S.p.A.; Baja Marine; Bavaria Yachtbau GmbH and Others

The global Leisure Boat Market size is anticipated to reach USD 51.37 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 4.3% during the forecast period.

The tourism industry has been changing drastically in recent times with increasing popularity of marine and coastal tourism activities. The world economy is experiencing a healthy growth and markets such as U.S. are rapidly recovering from the 2008 economic crisis, which, in turn, has resulted in a rise in consumer disposable income. There is also an increase in number of High Net Worth Individuals (HNWIs) across the globe, which has resulted in a surge in expenditure on leisure activities, thus leading to a boost in demand for recreational boats.

Increasing number of boat shows and water sporting events are attracting a large number of boaters. Top manufacturers are sponsoring boat shows and events, which, in turn, is enhancing the popularity of leisure boats. A large number of people are participating in luxury boating activities, especially in European and North American countries, which is expected to further boost the market in these regions.

A number of technological modifications are taking place in boat building, such as adoption of IoT technology that enables appliances, physical structures, vehicles, smartphones, wearable devices, and heavy equipment to be connected to each other, while facilitating an exchange of information through a single network. A connected boat provides enhanced safety, security, and accuracy, while also improving efficiency by digitalizing and optimizing various functions. Additionally, use of new boating building materials and increase in R&D expenditure by boat manufacturers are driving the growth of the leisure boat market.

Measures taken by various governments to promote tourism activities in their countries are further boosting the market. Countries with rich natural resources such as vast coastlines and large inland water bodies are undertaking initiatives to promote recreational boating activities. U.S. has a rather long coastline, in addition to highly developed infrastructure and a large population that participates in leisure boating activities. This opens up new growth opportunities for the leisure boat market. The French government is encouraging yacht manufactures by providing them support in various forms, thus enabling companies to invest in expanding their yacht maintenance and construction capacities.

Growing popularity of marine tourism, rise in number of government initiatives, and increasing sales of recreational boats in developing economies such as India and China are expected to drive demand over the forecast period. Measures taken by the Chinese government for development of yachting as a recreational activity as well as development of marinas in coastal regions have boosted the growth of the Chinese leisure boat market.

Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/global-leisure-boat-market

Further key findings from the report suggest:

Leisure boats are projected to witness a strong demand owing to changing economic situations and rise in consumer disposable income across the world
Sports yachts are expected to record a high demand in developed countries owing to active participation of people in recreational boating activities and marine sporting events
Implementation of IoT technologies, GPS mapping, and smart sensors in boats increases safety and security of the boat, which, in turn, is expected to increase demand for recreational boats over the forecast period
Boat manufacturers are focusing on promotional activities and boating events to attract more buyers in many developed as well as developing countries
In 2016, North America dominated the global market in terms of revenue and was valued at USD 16.60 billion
Key players in the market include Avon Marine; Azimut Benetti S.p.A.; Baja Marine; Bavaria Yachtbau GmbH; Bombardier Recreational Products (BRP) Inc.; Brunswick Corporation; and Chaparral Boats, Inc.

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com