Network-Attached Storage (NAS) Market Global Trends and Forecast To 2023

 Market Highlights:

The Global Network-Attached Storage Market is growing rapidly mainly due to the efficient, cost-effective solutions NAS provides for data storage & retrieval. The high revenue growth in the small and medium enterprises across the end-user is a major factor likely to result in the huge growth of the NAS market over the forecast period. The increase in adoption of NAS by small and medium enterprises is another key driving force escalating the market on the global heights.

Acknowledging the exponential growth, this market perceives currently Market Research Future (MRFR) in its recently published study report asserts that the global network-attached storage market is projected to reach approximately 44.96 BN USD by 2023, registering a striking double0digit CAGR over 20% between 2017 and 2023.

The Network-Attached Storage systems provide users with cost-effective solutions for increased control over data and the greater flexibility to accommodate changing business conditions. The rising demand of NAS system across industries fosters the growth of the market. The increasing utilization of network-attached storage systems is the potential driver for small and medium enterprises, especially in emerging economies.

The uptake of NAS systems among smaller organizations is mainly driven by the benefits offered by network attached storage systems such as centralized control, shared storage, and flexibility to share capacity between multiple hosts. The need to meet regulations & compliance and to improve & sustain strategic risk management have fuelled the growth of the network attached storage systems market.

The augmenting demand to capture and analyze the rapidly increasing data in the digital technologies such as the Internet of Things (IoT), cloud computing, and the big data analytics are generating the demand for the network attached storage systems.

Additionally, factors such as the growing volume of business data, increasing regulatory pressure, increasing usages of external data sources, and the need for improvement of the performance of data are substantiating the growth of the market.

On the flip side, factors such as lack of awareness and security issues are estimated to obstruct the growth of the market. Nevertheless, factors like the increasing demand for data access functions in big data, and the evolving artificial intelligence are expected to boost the growth of the network-attached storage market over the forecast period, 2017-2023.

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Segments:

The MRFR analysis is segmented into five key dynamics for the convenience of understanding;

By Types : Small-medium business-level NAS, Enterprise NAS storage, and Consumer Level NAS among others.

By Storage Solution : Scale-up and Scale-out among others.

By Deployment Type : Remote, On-premise, and Hybrid among others.

By End-user : Healthcare, Government, BFSI Telecommunication, and IT among others.

By Regions : North America, Europe, APAC, and the Rest-of-the-World.

Regional Analysis:

North America region is the largest market in terms of the market share in the global network-attached storage market owing to the presence of many industries. The study signifies that network-attached storage is trending among the small and medium enterprises and its market is projected to be the most attractive markets in the region.

Factors substantiating market growth include the unparalleled expansion of data, increasing the adoption of the Internet of Things (IoT), and stringent data related to regulatory compliances. Moreover, the factors such as the early adoption of emerging technologies, substantial investments in cloud-based solutions, and the presence of a huge number of players present in this region are supporting the market growth.

The European region will be the second largest market share for network-attached storage solutions during the forecast period.  The augmenting demand for NAS from the increasing number of data infrastructures to ensure continuous delivery of the data management services.

The Asia Pacific network-attached storage market is emerging as a profitable market.  Factors substantiating the market growth include the increasing demand for digitization and raising awareness about the new technological solutions. Additionally, the rising stringent data related regulatory compliances drive the market growth in the region.

Competitive Analysis:

Characterized by the presence of many large and small-scale players, the global network-attached storage market appears highly fragmented and competitive. Well-established players incorporate strategic initiatives such as the acquisition, collaboration, expansion, technology launch, and partnership to gain a competitive advantage in the market and to maintain their market positions. Strategic partnerships between the players support the growth and expansion plans of the key players. These players compete based on pricing, technology, reputation, and services.

Key Players:

Some of the leaders of the market include Synology, Inc. (Taiwan), NETGEAR, Inc. (US), Buffalo Americas (US), Dell EMC (US), Seagate Technology PLC. (US), Hewlett-Packard Enterprise Company (US), Western Digital Corporation (US), Hitachi Data Systems Corporation (US), NetApp, Inc. (US), and QNAP Systems, Inc. (Taiwan).

Industry/Innovation/Related News:

December 11, 2018 – QNAP Systems, Inc. (Taiwan), a corporation specializing in Network-attached storage appliances used for virtualization, file sharing, storage management, and surveillance applications launched the TS-977XU AMD Ryzen™ NAS series. The release happens to be QNAP’s first 1U hybrid-structure NAS.

November 21, 2018 – QNAP Systems, Inc. (Taiwan), a corporation specializing in Network-attached storage appliances used for virtualization, file sharing, storage management, and surveillance applications released a special-purpose accelerator - Mustang-200 based on two Intel CPUs that are designed to significantly boost the processing capabilities of NAS boxes and even PCs.

Mustang-200 can speed up access to data located on a NAS box, and can also be used to increase image processing capabilities of NASs used for surveillance, run AI and ML apps, or speed up virtual machines.

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Digital Assistant Market Analysis and Demand with Forecast To 2023

 Market Highlights

An intelligent digital assistant works as the primary interface between digital data and computers. The software performs tasks on the basis of input provided and by accessing online information. Digital assistant technology implements the combination of a mobile device, mobile application, and user interface. Technology giants like Apple, Samsung, Google and Amazon have come up with their digital assistants like Apple’s Siri and Amazon’s Echo which make the mobile user experience more convenient and user friendly.

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Regional Analysis

The competitive landscape of global digital assistant market is formed by major players of the market and some of the new entrants. North America leads the market for global digital assistant market. The technical advancements in the region, developed network architecture and high adoption rate of home speakers are driving the market for global digital assistant.

The global digital assistant market has led by North America in 2016 by generating highest revenue of USD 1 billion and is expected to grow with 22% CAGR. Whereas, Asia-Pacific is projected to be the fastest growing region with 27% CAGR during forecast period 2017-2023.

Nuance Communications Inc., in June 2016 expanded its healthcare offering using intelligent digital assistant technologies in healthcare and clinical services. Besides this, an increasing number of smaller market players are looking to boost their portfolio through strategic partnerships. Such strategies adopted by the players will significantly impact the global intelligent digital assistant’s market over the course of the forecast period. Nuance’s Nina is the first virtual integrated assistant in the UK insurance sector. Dominos Pizza’s ‘Dom’, ING Bank’s ‘Inge’, and Jet Star Airline’s ‘Jess’ are virtual assistants designed to deliver a convincing, multi-channel, automatic customer service experience for the enterprise and consumer segment.

Asia Pacific is anticipated to grow at rapid rate through the forecast period. Improvement in network infrastructure and increasing adoption of cloud based services by industries which there by expected to fuel the market growth in the region. Samsung is coming up with new updates for Bixby by making it more efficient by providing features like translating, capture better photos, mastering your settings, social media management, talk to Bixby via text and much more. Alexa, Amazon’s voice assistant holds the largest market share of voice assistant market with the growing popularity of its applications. Apple’s Siri on iOS supports many languages making it more flexible to use and in turn enhance customer experience.

Duer released by china technical giant Baidu will allow users in Chinese users to order food and access other services via the app, while the company is planning to make the voice control system part of its internet of things push. Baidu is working on a system to allow Duer to control devices in the home and allow them to connect to healthcare and other service providers.

Some of the key players in the market are Apple Inc. (U.S.), Microsoft Corporation (U.S.), Samsung Corporation (South Korea), Google Inc. (U.S.), Amazon Inc. (U.S.), Facebook Inc. (U.S.), Baidu Inc. (China), Nuance Communications (U.S.), Cisco Systems Inc. (U.S.), IBM Corporation (U.S.), Artificial Solutions (Spain) among others.

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Big Data Security Market Key Drivers, Size, Share, Trends, Growth, Future Scope Analysis and Forecast To 2023

 Market Overview

The data mining of usable information is growing in importance these days, consequently motivating the big data security market 2020.  The ICT industry reports are produced by Market Research Future, which highlights market options for advancement. A CAGR of 16.9% is predicted to motivate the market to earn USD 36.55 Bn by the end of 2023.

The rising demand for suitable high-security solutions is predicted to push the expansion of the big data security market in the upcoming period. The soaring demand for third-party managed security service providers is likely to promote the market for big data security in the coming years.

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Segmental Analysis

The segmental assessment of the big data security market is conducted on the basis of component, organization size, deployment, technology, and end-user. The end-user basis of segmenting the big data security market is segmented into travel & logistics, automotive, healthcare, government, BFSI, and IT & telecommunication. The component basis of segmenting the big data security market consists of software and services. The software segment is further sub-segmented into security intelligence, access control, encryption, data masking, and data governance. Based on the deployment, the big data security market is divided into on-cloud and on-premise. Based on the technology, the big data security market is segmented into unified threat management (UTM), security information and event management (SIEM), identity and access management (IAM), and intrusion detection system (IDS)/intrusion prevention system (IPS). Based on the organization sizes, the big data security market is segmented into SMEs & large enterprises.

Detailed Regional Analysis

The regional study states that the North American region controls the big data security market owing to the increasing implementation and expansion of cloud-based technologies and platforms in the region. The U.S heads the market with revenue of USD 3.45 billion in 2017. The region has a proclivity to the fast and elevated approval of the newest in technological development, which has amplified the demand for suitable and scalable high-security solutions. The presence of more than a few market-leading companies is likely to direct to market growth opportunities and, as a result, growth through the forecast period. The region of Asia-Pacific is anticipated to develop at the fastest rate throughout the forecast period owing to the mounting spending on cutting-edge technologies in nations such as India and China. Furthermore, the demand for gainful advanced analytical software solutions & services among the many SMEs has led to the need for high-security solutions.

Competitive Analysis

The reinvention of the supply chains by integrating robust technology in them is estimated to spur the expansion of the market in the coming period. The state of technological development is estimated to be staggered as the development of the global market is at a relative standstill. 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 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 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 significant contenders in the big data security market include Symantec Corporation, Fortinet, and Check Point Software Technologies Ltd., IBM, Hewlett Packard Enterprise (HPE), Proofpoint Inc., FireEye Inc., Rapid7 Inc., and LogRhythm Inc.

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Open Source Intelligence (OSINT) Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers Forecast To 2026

 Market Overview

Global Open-Source Intelligence (OSINT) Market is expected to reach USD 11,862.4 Million by 2026, registering a CAGR of 17.4% during the forecast period (2020–2026). In this report, Market Research Future (MRFR) includes the segmentation and market dynamics to offer a better glimpse of the market in the coming years.

The Global OSINT Market has shown favorable growth during the forecast period. Factors such as the growing availability of open-source public data and increasing cyber threats, terrorism, and other illegal activities are expected to drive the market during the forecast period. Advancements in analytics are also expected to boost the growth of the market. However, a lack of infrastructure is hindering the growth of the market.

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Segmental Analysis

Open-Source Intelligence (OSINT) Market has been segmented based on Security Type, Technology, Application, and Region.

Based on Security Type, the global OSINT market is segmented into human intelligence, content intelligence, dark web analysis, link/network analysis, data analytics, text analytics, artificial intelligence, big data, and others. According to MRFR analysis, human intelligence is dominating the market with a share of 26.31% in 2020. The human intelligence segment is expected to reach a value of USD 4,034.95 million by 2026 at a 22.54% CAGR from 2020 to 2026.

Based on Technology, the global OSINT market is segmented into big data software, video analytics, text analytics, a visualization tool, cybersecurity, web analysis, social media analysis, and others. The cybersecurity segment is expected to be a dominating segment with a market share of 21.64% in 2020. The segment is expected to reach a value of USD 2,269.27 million by the end of 2026 at a 15.01% CAGR from 2020 to 2026. All the sectors, such as government security agencies, law enforcement agencies, continuously face cyber threats and make use of cybersecurity technology. As the number of open-source data increases, it depends majorly on the software tools and techniques to gather and process the data for effectively facing cybercrime.

Based on Application, the global OSINT market is segmented into military and defense, homeland security, private sector, public sector, national security, and others. The homeland security segment is likely to dominate the market with a share of 27.92% in 2020. The segment is expected to register a value of USD 3,284.65 million by the end of 2026 at a 17.24% CAGR from 2020 to 2026. Homeland security faces challenges in ensuring the safety of the nation from small to larger threats ranging from robbery to cyber threat to terrorism.

Competitive Analysis

The Key Players of the Global OSINT Market are Digimind (France), KB Crawl (France), Recorded Future, Inc. (US), Dassault Systemes (France), Thales SA (France), NICE Ltd (Israel), Verint Systems (US), Expert System (Italy), Palantir Technologies, Inc. (US), CybelAngel (France), Intrinsec Security (US), Sail Labs (Austria), and Dataiku (US).

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Virtualized Evolved Packet Core (vEPC) Market Demand, Industry Size, Top Players, Opportunities, Sales, Revenue And Regional Forecast To 2023

 Market Highlights

Market Research Future (MRFR) has revealed in its latest study that the global virtualized evolved packet core (vEPC) market is set to proliferate exponentially at 51.7% CAGR during the forecast period 2018 to 2023. The vEPC market is projected to reach a valuation of USD 11568.8 Mn by 2023-end up from USD 1020.05 Mn in 2017.  The strong value maintained by the telecommunications sector has paved the way for the adoption of virtualized evolved packet core technology.

The evolution of mobile communication from First Generation (1G) to the currently dominated Fourth Generation (4G) enabled devices has intensified the need for providing access network functions. It has heightened the need for increasing the capacity and coverage of the communication, which is poised to encourage revenue creation for the vEPC market players. The embracement of virtualized evolved packet core technology ensures cost efficiency and a reduction in capital expenditure (Capex) and operational expenditure (Opex). This, in turn, is projected to accelerate market proliferation over the next couple of years. Additionally, the technology offers better customer experience and improved network management. It is anticipated to catapult the market on an upward trajectory. The growth of the market can be ascribed to the increasing demand for LTE communication, penetration of smartphones, etc. The advancement in technologies such as 5G, IoT, and M2M have opened avenues of growth opportunities for the market players.

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Segmental Analysis:

MRFR’s report offers a detailed segmental analysis of the market based on component, deployment, use case, and end-user. By component, the vEPC market has been segmented into solution and services. The solutions segment has been further sub-segmented into Mobility Management Entity (MME), Home Subscriber Server (HSS), Server Gateway (SGW), Packet Data Network Gateway (PDN GW), and others Among these, the services segment is anticipated to garner massive traction over the forecast period. The growth can be ascribed to the rising testing and commercialization of 5G-ready solutions.

By deployment, the market has been segmented into on-premise and on-cloud. Among these, the on-premise segment currently holds the most substantial share of the market. It is likely to remain highly lucrative market through the assessment period. Meanwhile, the on-cloud segment is estimated to register a relatively higher CAGR of 60.3% over 2023.

By use case, the market has been segmented into broadband wireless access (BWA), LTE & VoLTE, IoT & M2M, and MNO & MVNO. Among these, the IoT & M2M segment is projected to account for the largest share of the market throughout the forecast period reaching a valuation of USD 3798.1 Mn by 2023.

By end-user, the market has been segmented into telecom operator and enterprises. The telecom operator segment gained 70.9% share of the market in 2017 and is expected to thrive exponentially over the review period. Meanwhile, the enterprises segment is poised to thrive at a relatively higher pace and reach a valuation of USD 4094 Mn towards the end of 2023.

Regional Outlook:

On the basis of region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. North America held the most significant share of the market in 2017 which accounted for 48% share. The region is likely to retain its prominence in the foreseeable future. The presence of major technological players coupled with robust infrastructure has augured well for the market operators participating in the competitive landscape of North America. Europe held the second most significant share of the market in 2017 which is estimated to be around 27% share. The region is expected to resonate strong growth opportunities over the next couple of years. Asia Pacific is projected to register a relatively higher CAGR during the forecast period. The growth is attributable to the catalyzed investments by telecom operators in emerging markets such as China, Japan, etc. Other factors favoring the growth of the virtualized evolved packet core market in Asia Pacific are reduced network complexity, internet penetration, reduced cost of smart devices, etc.

Competitive Dashboard:

Some of the key players profiled by MRFR in the report are Nokia Corporation (Finland), Cisco System Inc. (US), Ericsson AB (Sweden), Samsung Electronics (South Korea), Huawei Technologies Co. Ltd (China), NEC Corporation (Japan), ZTE Corporation (China), Mitel Networks Corporation (US), Affirmed Networks (US), and Athonet S.R.L. (Italy).

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Hyperscale Data Center Market Business Revenue, Future Scope, Market Trends, Key Players And Forecast To 2024

 Market Highlights

The Global Hyperscale Data Center Market is spanned across North America, Europe, Asia-Pacific, and the rest of the world. North America is expected to account for the largest share in the hyperscale data center market, at a significant growth rate during the forecast period. For the purpose of analysis, North America has been categorized into three regions—the US, Canada, and Mexico. During the forecast period, the US is expected to be the leading region in terms of market share, growing at a CAGR of 20.99%, followed by Canada at 23.77% and Mexico at 22.55%. Large enterprises such as Google, Apple, and Tesla are investing a significant amount in specific areas such as Nevada and Reno due to their proximity to fiber channels which is driving the growth of the market in the US. Rapidly increasing business data is encouraging large enterprises to heavily invest in the data center expansion which is driving the market of hyperscale data center in Canada.

On the other hand, Asia-Pacific is expected to witness the fastest growth in the hyperscale data center market due to the presence of various developing countries and an increasing number of data centers. The region has been segmented into China, Japan, India, South Korea, and the rest of Asia-Pacific.

Among the countries in this region, China accounts for the largest market share followed by Japan and India, due to continuous growth in online streaming, gaming, and e-commerce markets. Japan has accounted for the second-largest market share in hyperscale data center market due to the technological advancements that are encouraging the enterprises to increasingly rely on the cloud. India is expected to be the fastest-growing country due to the presence of telecom operators and OTT providers.

Europe accounts for the second-largest market share in the global hyperscale data center market. The increasing cloud and data usage have led to the increasing demand for hyperscale centers in Europe. The region consists of the UK, Germany, France, Italy, and the rest of Europe. The UK accounted for the largest market share in 2018 due to the presence of major players of hyperscale data centers in the country that are expanding their cloud business in the UK.

The Global Hyperscale Data Center Market is expected to reach USD 90724.33 Million at a CAGR of over 22.51% by the end of the forecast period 2019–2024.

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Market Segmentation

The Global Hyperscale Data Center Market has been segmented on the basis of component, services, type, tier type, design type, and vertical, and region. The market, by component, has been segmented into servers, networking, software, storage, and others. By service, the global hyperscale data center market has been segmented into consulting, installation and deployment, and maintenance and support. By type, the global hyperscale data center market has been segmented into cloud providers, colocation providers, enterprises. By tier type, the market has been segmented into tier 3, tier 2, tier 4, and tier 1. By design type, the market has been segmented into electrical construction and mechanical construction. By vertical, the market has been segmented into IT & telecommunication, BFSI, healthcare, government, energy & utilities, manufacturing, media and entertainment, retail, and others.

Prominent Players

Some of the Prominent Players in the Global Hyperscale Data Center Market are Cisco Systems, Inc., IBM Corporation, Intel Corporation, Hewlett Packard Enterprise Development LP, DELL Inc., Lenovo Group Ltd. (Lenovo), Huawei Technologies Co. Ltd, Digital Realty Trust Inc, Equinix Inc, and NVIDIA Corporation.

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Passport Reader Market Outlook and Future Scope Analysis Forecast To 2023

 Market Overview

The surging use of e-passports is estimated to create demand for the passport reader market 2020. The technology industry reports are produced by Market Research Future, which highlights market options for expansion. An 8.67% CAGR is predicted for the global market in the upcoming forecast period.

The elevated use of passport readers at the hotels, airport terminals, and car rental service stations is projected to transform the development of the passport reader industry. The interoperability of the infrastructure for international travel is projected to boost the global passport reader market in the impending period.

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Segmental Analysis

The segmental investigation of the passport reader market is conducted on the basis of type, application, technology, sector, and region. Based on the technology, the passport reader market is segmented into Barcode, OCR, RFID, and other. The type basis of segmenting the passport reader market consists of a self-service kiosk, swipe readers, compact full page reader, and others. The application-based segmentation of the passport reader market consists of border control, airport security, and others. Based on the sectors, the passport reader market is segmented into government, public, and private. Based on the regions, the passport reader market is segmented into the Asia Pacific, North America, Europe, and the rest of the world.

Detailed Regional Analysis 

The regional examination of the passport reader market consists of the Asia Pacific, North America, Europe, and the rest of the world. The Asia Pacific is the fastest mounting region through the passport reader market. Additionally, the budding focus of several Asian Pacific government to progress smart cities projects is advancing the passport reader market along with the growth in the setting up of automatic gate systems at airports. The North American regional market is governing the global market by holding 38% of the share in the passport reader market worldwide. Due to the upsurge in the use of e-passports and the rise in air passengers, the North American regional market is growing. Also, the airport and border controls officials in these regions are actively deploying passport readers to continue an even flow of passengers.

Competitive Analysis

As the profit generation potential has dipped considerably, the market contenders are estimated to use newer methods to conduct their day to day operations. The high paced development of the market is estimated to increase the development state of the stakeholders adding to the overall market development in the upcoming period. The deceleration in growth witnessed on a global scale is predicted to hamper the development and advances being initiated in the market currently. The lack of economic barriers is estimated to hold lesser resistance to the new players wanting to establish a resilient presence in the market. The need for economic stability is crucial in the market, which is being addressed adeptly by governments’ around the world. The need to monitor overhead costs is most important at this time as economic resources are needed to kick start the development of the global market in the imminent years. The redesigning of the supply chain is also required to be undertaken on a broad scale so as to accomplish economies of scale in the market during the forecast period.

The notable players in the passport reader market are Regula Forensics Inc., IER Inc., Beijing Wintone Science Technology, DESKO GmbH, Gemalto N.V, ARH INC, Access Limited, Lintech Enterprises Limited, and IDAC Solutions Pvt. Ltd.

Industry Updates:

Dec 2019 The use of an NFC passport checking function combined into the American Airlines’s mobile apps to enable passengers to board international flights without having passports checked by a customer service agent again has been successful.

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https://www.spoke.com/topics/cloud-object-storage-market-research-report-analysis-and-demand-with-forecast-to-2023-603e06ae20935275eb00ecc1

https://www.techsite.io/p/2007795

https://www.articletrunk.com/cloud-object-storage-market-research-report-analysis-and-demand-with-forecast-to-2023/