Global Platform as a Service Market Research Report- Forecast 2022, Global Trends, Size, Share, COVID – 19 Outbreak, Industry Segments, Regional Study, Top Key Players Profiles and Future Prospects

 Market Research Future (MRFR)’s latest study reveals that the global platform as a service market is projected to grow saliently at a CAGR of 26% during the forecast period 2016 to 2022. The market is expected to reach a value over USD 12 Bn by the end of the assessment period.

Market Insights

The increased penetration of software technology has accelerated revenue creation for the participants of the platform as a service market. PaaS models enable the users to create software applications easily by using tools delivered by the cloud provider. The increasing need for the integration of software applications for profit making in business is likely to propel demand in the platform as a service market.

PaaS ensures cost effectiveness by cutting down costs related to purchasing of a server, software licenses, and additional hardware for developing and managing applications. This, in turn, is projected to catapult the platform as a service market on an upward trajectory.

Other factors responsible for the growth of the market include increasing adoption of cloud-based services and IoT technology among SMEs, technological advancements, growing demand for application development, etc. However, factors such as data security, customer captivity, and limited flexibility are set to hold the market expansion across the review period.

Market Segmentation

By deployment, the platform as a service market has been segmented into public, private and hybrid cloud.

By type, the global platform as a service market is segmented into application, integration, and data management.

By end-user, the platform as a service market has been segmented into banking & financial sector, government & public sector, healthcare & life sciences, education, consumer goods & retail, and, telecommunications & IT.

Regional Analysis

By region, the global platform as a service market has been segmented into North America, Europe, Asia, and Rest of the World (ROW). North America is likely to retain its dominant position over the forecast period. The key factor responsible for driving growth in the region includes the high-adoption rate of cloud-based services. The trend is likely to perpetuate across the next few years. Meanwhile, the concentration of key players such as Google, Inc. (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), etc. are poised to encourage the market proliferation.

Asia Pacific is anticipated to remain a highly lucrative market throughout the review period. The growth in the region is attributable to high growth in cloud services & big data, telecom and IT sectors, etc. Europe is projected to register a healthy CAGR in the platform as a service market due to increased adoption of cloud services by many SMEs & VSMs with higher enterprise engagement at the application level.

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Global BFSI Security Market Research Report- Forecast 2022, Global Trends, Size, Share, COVID – 19 Outbreak, Industry Segments, Regional Study, Top Key Players Profiles and Future Prospects

 Banking, financial services, insurance (BFSI) Security is now a must for the growing world economy. Reports of Market Research Future (MRFR) suggests that the global market is expected to reach around USD 71 Bn during the forecasted period (2016-2022) growing at a CAGR of 14%. BFSI serves as the foundation for various financial exchanges that take place in diverse sectors and is now an integral part of national infrastructure systems. Hence, the need for the maximum security against possible online or offline theft.

Overview

Online banking platforms are an effective way to process banking transactions remotely. Web-based applications act as a medium for such transactions but also increase the risk of exposing user's data to hackers. Owing to this factor, the demand for BFSI security is expected to rise exponentially. Various banking and financial institutions are now using the cloud services, and in doing so, putting themselves at risk of being exposed. The risk of data theft has made the installation of BFSI security market imperative. Protecting information from the hackers is now the most significant concern and is the chief driving force behind implementation of BFSI security.

Growing away from the traditional system of financial transactions, BFSI has revolutionized customer experience. The rise in remote monitoring and banking solutions is further stimulating the market growth. Other factors such as analytics, biometrics, and ethical hacking have greater possibilities regarding generating revenues. Security and safety measures have given biometrics the much-needed impetus in opening up market possibilities.

Drivers and Restraints

With an increasing number of ATMs and online banking solutions, BFSI sector has become prone to cyber threats. Falling victim to such threats can hamper the credibility of institutions and create future complications. Hence, the need for specific solutions. Changing financial regulations, growth in mobile banking applications, and the rising number of bank accounts are also expected to boost the market growth.

Physical security threats in this sector have also increased. Several governments have now stepped in with various regulations and policies and insisting on the stringent implementation of adequate security protocols and compliances. These issues are driving the sector towards incorporation of a one-stop solution.

However, the initial investment required to set up the security infrastructure is one major challenge for the growth of this market.

Segmentation

The BFSI Security market has been segmented on the basis of type and vertical.

Based on type, there are two sub-categories - physical security and virtual security. Physical security includes access control, video surveillance, intrusion and fire detection, physical security information management (PSIM), system integration, and various other methods. Physical BFSI security is expected to hold the most significant share within the forecast period. Virtual security deals with encryption, firewall, IDS/IPS, web filtering, data loss protection among others.

Vertical-wise segmentation of BFSI security includes banking, insurance companies, and others. Insurance segment is expected to experience the fastest growth rate owing to tremendous transformation in deregulation, globalization and terror attacks.

Regional Analysis

Region-wise segmentation results in three prominent groups; North America, Europe, Asia Pacific, and Rest-of-the-World (RoW). North America leads the BFSI security market. The last two decades have seen North America getting riddled by various cyber-attacks and as a counter mechanism, they have launched extensive security measures. Presence of global players in the U.S. gives North America a competitive advantage. Europe holds the second position in the market closely followed by the Asia Pacific. The fast growth-rate have made countries, such as Japan, China, Singapore and the UAE easy targets for online hackers, resulting in more demand for advanced security systems and could propel revenue during the forecast period.

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Global Cloud Infrastructure Services Market Research Report- Forecast to 2022, Global Trends, Size, Share, COVID – 19 Outbreak, Industry Segments, Regional Study, Top Key Players Profiles and Future Prospects

 Market Overview

The virtualization of infrastructure on the cloud has picked up the pace, thus driving the cloud infrastructure services market 2020. The ICT industry reports are produced by Market Research Future, which highlights market options for expansion.  An exceptional CAGR is estimated to motivate the market in the forecast period.

The surge in big data is predicted to enhance the development of the cloud infrastructure services market. The accessibility to cloud services is projected to transform the market considerably in the impending period. The rise in demand from specific sectors is likely to induce innovation in applications in the cloud infrastructure services market.

Segmental Analysis

The segmental examination of the cloud infrastructure services market is carried out on the basis of design services, deployment, verticals, and region. On the basis of design services, the cloud infrastructure services market is segmented into SaaS, content delivery network/application delivery network, PaaS, managed hosting, IaaS, and colocation hosting. Based on the deployments, the cloud infrastructure services market is segmented into private, hybrid, and public. The vertical-based segmentation of the cloud infrastructure services market consists of BFSI, research and development, logistics manufacturing, retail, energy, education, healthcare, media and entertainment, and others. Based on the regions, the cloud infrastructure services market consists of Europe, Asia Pacific, North America, and the rest of the regions.

Detailed Regional Analysis 

The regional investigation of the cloud infrastructure services market encompasses regions such as Europe, Asia Pacific, North America, and the rest of the regions. The geographical analysis of the user activity monitoring market is studied for North America, Europe, Asia Pacific, and the rest of the world. Presently, the North American region is leading the cloud infrastructure services market stake due to the boost in the implementation of cloud-based IT services and substantial investments by groups in IT infrastructure in research & development of cloud infrastructure. The Asia Pacific regional cloud infrastructure services market is projected to accomplish the top growth all through the forecast period owing to an ever-increasing demand for managed cloud-based infrastructure services like cloud-based enterprise resource planning (ERP) in nations like China, India, and Japan. The redesigning of the network & deployment of cloud-based services through a variety of industries in the APAC nations is likely to create an enhanced scope for development in the cloud services market.

Competitive Analysis

The effect of unpredictable events has created substantial barriers that will have to suitably addressed and overcome to achieve normalcy in the global market. The need to invest in building a robust consumer base is estimated to rank on the top priorities of market leaders for the upcoming period. The weakening of trade channels is projected to present new challenges that have to be overcome expediently in the coming years. The regulations in various regions can be relied upon to rebuild market clout gradually in the future. The state of technological development is estimated to be staggered as the development of the global market is at a relative standstill. The establishment of a definite competitive advantage is estimated to spur market development in the forecast period. The inducements offered by the government are expected to display a positive influence on the overall market development in the impending period. The reinvention of the supply chains by integrating robust technology in them is estimated to spur the development of the market in the coming period.

The outstanding contenders in the cloud infrastructure services market are Microsoft (U.S.), AT&T Inc. (U.S.), IBM (U.S.), Google (U.S.), Salesforce (U.S.), Rackspace Inc. (U.S.), Amazon Web Service (U.S.), Citric Systems (U.S.), Equinix (U.S.), and HP (U.S.).

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Mobile Application Development Platform Market Research Report- Global Forecast 2023, Global Trends, Size, Share, COVID – 19 Outbreak, Industry Segments, Regional Study, Top Key Players Profiles and Future Prospects

 Market Overview

In its research report, Market Research Future (MRFR), emphasizes that the global market 2020 is poised to grow exponentially, securing a substantial market valuation of 14 billion by 2023, and a healthy 22% CAGR over the review period.

Drivers and Restraints

Growing the adoption of mobile devices in the commercial sector is the main driver for mobile application development platform growth. The company uses mobile phones that enhance efficiency, health, and accessibility and help employees improve customer service, maintain good customer and supplier connections, and enable remote work. This increase in the number of mobile devices is encouraging the need to operate the company efficiently through mobile app. The growing number of mobile devices thus contributes to the growth of the market for mobile app development platforms. The increasing implementation of Bring Your Own Devices (BYOD) and Bring Your Own Access (BYOA) systems requiring workers to use all types of mobile devices like windows phones, android and iPhones that enable mobile applications to be available on all platforms. Hence, the framework for mobile application creation helps to address the mobile application problem that can only run on one type of mobile device. Nonetheless, growing costs and technological difficulties in the marketplace for the production of mobile applications are limiting market growth. Growing device adoption improves user experience and promotes customer relationship management which is one of the driving forces of the demand for mobile app development platforms. The creation of mobile apps is a dynamic process that needs a high degree of technical professional to create the application, including using the creation framework for the mobile device. Business companies' adoption of the technology is mainly due to factors such as operational performance, enhanced user interface, comfort, bidirectional communication, etc. However, the restraints to the market such as limited flexibility, security concerns, etc. will restrict market growth during the assessment period. This leads the companies to select third party developers to drive their mobile application which leads to restraining the growth of the market.

Segmental Analysis

By deployment type, the market is divided into cloud and on premise.

By organization size, the market is bifurcated into small & medium enterprise and large enterprise.

By vertical, the market is divided into Education, BFSI, Transportation & Logistics, Healthcare, and Media & Entertainment.

Regional Analysis

The geographical overview of the global market has been conducted in four major regions, including the Asia Pacific, North America, Europe, and the rest of the world.

Asia-Pacific is projected to dominate the mobile app development platform market due to the high availability of low-cost tablets and smartphones contributing to the adoption by organizations in this area of the mobile application development platform. In addition, increasing use of digital technologies is responsible for the growth of the MADP market in countries like India and China. North America is expected to expand at a higher pace because of the involvement of key players providing forum for the production of mobile applications. In Europe, the main countries in the middleware software industry are the UK, Italy and Germany. Hence businesses spending high on middleware applications is driving the growth of Europe's mobile application development market. Due to the availability of insufficient resources for mobile application development start-ups and main infrastructures, the market is expected to expand slowly in Latin America and Middle East Africa regions.

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Smart Cameras Market Research Report- Global Forecast to 2022, Global Trends, Size, Share, COVID – 19 Outbreak, Industry Segments, Regional Study, Top Key Players Profiles and Future Prospects

 As per the analysis by the Market Research Future Reports (MRFR), the global smart cameras market is expected to expand at a CAGR of 8% and value approximately 2 billion by the end of 2023.

Market Synopsis

The global market for the smart camera is likely to grow considerably during the forecast period from 2017 to 2023. The robust development in camera technology, increasing adoption of automation systems by industries and homes, expansion of semiconductor and electronics industries have contributed significantly to the expansion of the global market for smart camera 2020. The rising demand for surveillance and security, easy installation process, developed specifications in electronic gadgets are likely to propel the smart camera market at a global level.  However, the lack of technical proficiency and the high cost of cameras are the major factors hindering the growth of global smart cameras. Apart from this, the scarcity of standardization and constant review of regulatory policies of local bodies of various economies on the installation of smart cameras at sensitive locations are assumed to act as an obstacle to the expansion of the smart camera market.

Market Segmentation

The global market for the smart camera can be classified on the basis of end-user, components, application, sensor technology, integration, scanning technology, and region.

On the basis of end-user, the global market for the smart camera can be segmented into Military & Defence, Public Spaces, Transit Facilities, Enterprise & Government Infrastructure, Commercial Facilities, and Residential Infrastructure.

On the basis of components, the global market for the smart camera can be segmented into Communication Technology, Digitization Circuit, Sensors, Lighting Device/LED, and Storage Hardware.

On the basis of application, the global market for the smart camera can be segmented into Fingerprint Readers, Security & Surveillance, Face Recognition, Robotics, Traffic Surveillance, and Industrial Machine Vision.

On the basis of sensor technology, the global market for the smart camera can be segmented into CCD and CMOS.

On the basis of integration, the global market for the smart camera can be segmented into Distributed Smart Cameras, Embedded Smart Cameras, Single-Chip Smart Cameras, and Stand-Alone Smart Cameras.

On the basis of scanning technology, the global market for the smart camera can be segmented into Line Scan, and Area Scan.

On the basis of region, the global market for the smart camera can be segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW).

Regional Segmentation

The geographical analysis of Europe, North America, Asia Pacific, and RoW has been performed. As per the analysis, the APAC is likely to reign the global smart camera by acquiring the maximum market share in the region. The developing countries of APAC, such as Taiwan, China, Japan, and the Republic of Korea, are making a significant contribution to the market. It is accredited to a large number of suppliers of electronics components, manufacturers, and semiconductors are enhancing the market to expand significantly. Europe is likely to have a considerable growth of the smart camera market due to the increasing demand for security and surveillance in public places. The North American region is likely to expand due to the presence of developed nations like Canada and the U.S. It is likely to expand considerably during the review period.

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Mobile Cloud Market Research Report- Global Forecast to 2022, Global Trends, Size, Share, COVID – 19 Outbreak, Industry Segments, Regional Study, Top Key Players Profiles and Future Prospects

 As per the analysis presented by Market Research Future (MRFR), the global mobile cloud market is set to expand at a significant CAGR of 22% during the forecast period 2018 to 2023.

Market Synopsis

As per the analysis presented by Market Research Future (MRFR), the global mobile cloud market is set to expand at a significant CAGR of 22% during the forecast period 2018 to 2023. The valuation of the market is likely to touch 66 Bn by the end of 2023. The deployment of mobile cloud facilitates multi-platform support and eliminates the task of developing the same applications for different platforms. This, in turn, is prognosticated to augment the mobile cloud market in the forthcoming years.

The growing market presence of mobile devices coupled with advancements in cloud technologies is likely to dictate the future trajectory of the mobile cloud market over the assessment period. In addition, it also facilitates easy upgradation of the applications which is projected to catalyse the growth of the market.

Cloud technology provides access to data from several sources which is another significant driver of market growth. The growing demand for smartwatches and other wearable devices are anticipated to propel the expansion of the mobile cloud market. On the flip side, the growing rate of cyber-crimes is expected to check the expansion of the mobile cloud market through the projection period. Additionally, mobile cloud consumes substantial energy which is likely to hinder market expansion in the foreseeable future.

Segmental Outlook

On the basis of service, the mobile cloud market has been segmented into software, platform, and infrastructure.

On the basis of deployment, the global mobile cloud market has been segmented into public, private, and hybrid cloud.

On the basis of application, the global mobile cloud market has been segmented into automotive, industrial, entertainment, utilities, finance, healthcare, education, and others.

Regional Analysis

The global mobile, cloud market, by region, has been segmented into North America, Europe, Asia Pacific, and Rest of the world. North America is expected to dominate the global market during the review period. The factors responsible for the expansion of the mobile cloud market in the region are early adoption of novel technologies, well established IT infrastructure, technological advancements, the presence of key players, etc. Investments are presumed to flow towards the development of advanced technologies, projected to augment the mobile cloud market in the upcoming years.

Asia Pacific resonates strong opportunities for growth and is estimated to mark a relatively higher CAGR during the forecast period. The growing number of mobile equipment manufacturers in China is one of the major factors responsible for driving the proliferation of the mobile cloud market in the region. The advancements in the mobile cloud market are poised to have a favourable impact on the revenue creation for the market participants. Furthermore, the governments are also aiding the adoption of cloud and digital services.

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Mobile Front Haul Market Research Report- Global Forecast to 2022, Global Trends, Size, Share, COVID – 19 Outbreak, Industry Segments, Regional Study, Top Key Players Profiles and Future Prospects

 The global mobile front haul market is projected to grow at a steady rate and capture a moderate CAGR over the forecast period of 2016-2022, reveals a research report by Market Research Future (MRFR).

Market Overview

Colossal amounts of mobile data generated per day lead to mobile traffic load and mobile front haul is an emerging mobile architecture which addresses the growing challenge of transportation of mobile loads. The mobile front haul market has gained immense popularity in recent years, and the growth in the market can be attributed to the deployment of 4G and 5G mobile networks. High-end 4G and 5G networks require broader bandwidth which necessitates front haul requirements to deliver high-speed internet. Switching from traditional technologies to mobile front haul technology offers the benefit of reduced deployment and maintenance cost which is a key driver of the market. Mobile front haul provides further advantages of simplification of mobile management and better-optimized backhauls. Additionally, the growing use of smartphones and benefits of low-cost power consumption offered by mobile front haul boosts the market growth. Capital expenditure by service providers on mobile front haul technologies to reduce the burden on existing radio base stations have also resulted in the increase of mobile front haul market. Rising R&D activities to develop the front haul architecture system and rising government funding and support across the globe augment the market growth. Mobile front-haul network protocols are subject to strict requirements which are latency sensitive and might restrict the growth of the market. Moreover, Mobile front haul networks are very complicated, and the networking options are limited. However, lack of technical know-how and complexities arising out of the network architecture are restraining the growth of the market. The emergence of the 5G network provides lucrative growth opportunities for market expansion in the future.

Segmentation

The global mobile front haul market has been segmented based on type, network, and end-users. By type, the market has been segmented into centralized RAN and Cloud-RAN (C-RAN). By network, the market has been segmented into Passive WDM, Semi-passive WDM, active WDM and optical transmission network among others. By end-users, the market has been segmented into Telecommunications, Networking, Government, and Enterprises among others.

Regional Analysis

The principal markets of the global mobile front haul market include the Americas, Europe, Asia-Pacific and the Middle East & Africa. North America is dominating the mobile front haul market due to high technological adoption rate in the region. The market in Asia-Pacific is expected to grow at a considerable rate over the forecast period owing to rising investments in R&D activities in the region. The Europe market possesses significant growth opportunities while the Middle East & Africa market is also likely to grow moderately.

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