Independent Software Vendors (ISVs) Market Outlook and Future Scope Analysis Forecast To 2026

 Global Independent Software Vendors (ISVs) Market Research Report: Information By Type (Cloud and On-Premise), Application (e-Commerce, Logistics, Retail, Healthcare, Financial, Education and Others) - Forecast to 2026

Market Highlights

Advances in digital infrastructure and rapidly changing consumer behavior are some of the areas on which businesses are likely to focus on improving customer experience. The government and commercial sectors covering retail, banking, financial services, and insurance (BFSI), IT & telecom, healthcare, and automotive need web applications to be actively accessible by users. Hence, independent software vendors (ISVs) play a vital role in offering a better quality of services (QoS) to the end-users, which helps them in retaining existing customers, further increasing their customer bases, and improving the overall customer experiences. Additionally, some trends allow ISVs to sustain in the competitive environment.

The MRFR analysis offers a comprehensive understanding of the market dynamics. The global independent software vendors (ISVs) market has been analyzed across key geographies, namely, North America, Southeast Asia, India, Europe, China, Japan, and Central and South America.

North America is the leading economy in the independent software vendors (ISVs) market, followed by Europe. North America is one of the major regions for the ISV market. The North American market consists of the US, Canada, and Mexico. These countries have a large number of ISV providers. For instance, in the US, some of the key ISVs are Ipswitch, Salesforce.com, Intuit Inc., Alpha Software. In Canada, some of the key ISVs include Endeavour, CRG Solutions, and MediaValet Inc. All these ISVs compete with each other based on value-added features and services that they offer.

However, India is the fastest-growing economy in the global market. Increasing digitalization and consumer awareness in the country are some of the factors responsible for the growth of the market. Moreover, businesses in the country are planning to adopt the latest technologies to harness maximum profits, which would enable them to sustain in the competitive environment. Furthermore, the increasing demand for cloud computing technology both by large enterprises and small- and medium-sized enterprises, is another factor responsible for the growth of the market.

According to the Market Research Future analysis, the global independent software vendors (ISVs) market was valued at USD 202.85 million in 2019; it is expected to reach USD 408.15 million by 2026, recording a CAGR of 10.5% during the forecast period, 2020–2026.

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Market Segmentation

Global Independent Software Vendors (ISVs) Market has been segmented based on Type, Application, and Region.

Based on type, the market has been segmented into cloud and on-premise. The cloud segment accounted for the larger market share in 2019, and it is projected to register a higher CAGR over the forecast period,

By application, the market has been segmented as e-commerce, logistics, retail, healthcare, financial, education, and others. The retail segment had the highest market share in 2019, and the e-commerce segment is expected to record the highest CAGR over the forecasted timeframe.

Key Players

The MRFR study identifies some of the prominent key players in the independent software vendors (ISVs) market, as Microsoft Corporation (US), Cisco Systems, Inc. (US), IBM Corporation (US), HP Development Company, LP (US), Micro Focus (US), Google, Inc. (US), Oracle Corporation (US), Apple Inc. (US), SAP SE (Germany), Salesforce.com, Inc. (US), Nutanix (US), ServiceNow (US), Yahoo! (US), Double-Take Software (US), RSA Security LLC (US), Mocana (US), Odyssey Software (US), and Compuware Corporation (US).

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Privileged Access Management (PAM) Solutions Market Research Report - Global Forecast to 2026

 Global Privileged Access Management (PAM) Solutions Market Research Report: Information By Type (Software, Physical Appliance and Virtual Appliance), Application (Windows, Unix & Linux, Mac OS and infrastructure devices and IoT) and Region - Forecast to 2026

Market Highlights

PAM solutions are adopted in an enterprise to prevent a breach and limit the damage that occurred in case of any breach occurs. PAM solutions ensure that the organization has a secure, efficient, and compliant way to provide access and monitor privileged accounts.

MRFR analysis offers a comprehensive understanding of the market dynamics. The global privileged access management (PAM) solutions market has been analyzed across key geographies, namely, North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America is the leading economy in the privileged access management (PAM) solutions market, followed by Europe. However, Asia-Pacific is the fastest-growing economy in the global market due to the growing number of SMEs and the high focus of enterprises on boosting the security for accessing sensitive information. The Middle East & Africa and South America are witnessing steady growth in the privileged access management (PAM) solutions market; however, these regions have very few country-level markets for cloud-based infrastructure.

According to Market Research Future analysis, the global privileged access management (PAM) solutions market was valued at USD 1689.72 million in 2019; it is expected to reach USD 12,067.50 Million by 2026, recording a CAGR of 32.67% during the forecast period, 2020–2026.

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Market Segmentation

Global Privileged Access Management (PAM) Solutions Market has been segmented based on Type, Application, and Region.

Based on type, the global privileged access management (PAM) solutions market has been segmented into software, physical appliance, and virtual appliance. Among these, in 2019, the software segment accounted for the largest market share of 41.12%, with a market value of USD 694.77 million. The virtual appliance segment is projected to record the highest CAGR of 34.90% during the forecast period.

Based on application, the privileged access management (PAM) solutions market has been segmented into Windows, Unix & Linux, Mac OS, and infrastructure devices and IoT. Among these, in 2019, the Windows segment accounted for the largest market share of 37.57%. The infrastructure devices and IoT segment are projected to register the highest CAGR of 34.89% during the forecast period.

Prominent Players

Some of the Prominent Players in the Global Privileged Access Management (PAM) Solutions Market are CA Technologies, Wallix, CyberArk, Centrify, ManageEngine, ARCON, Hitachi ID Systems, Beyond Trust, Thycotic, Devolutions, and One Identity LLC.

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Sentiment Analytics Market Growth, Size, Segments and Future Forecast To 2023

 

Sentiment Analytics Market, By Components (Software, Services, By Deployment (Cloud, On-Premise), By Organization Size (SMEs, Large Enterprises), By Vertical (Retail, BFSI, Healthcare & Life Science) - Forecast 2023

Overview

Sentiment analytics determines the emotional tone behind a series of words and analyses human emotions, sentiments with the help of consumer data (primarily social media feeds), deep learning capabilities and natural language processing (NLP). The global sentiment analytics market is anticipated to grow at a CAGR of 14% and reach a valuation of USD 6 Bn over the forecast period of 2017-2023, asserts Market Research Future (MRFR) in a detailed research report.

Growing popularity of social media platforms is one of the preliminary factors spurring the growth of the global sentiment analytics market. Advances made in the field of artificial intelligence (AI) which allows contemplation of human behavior and emotions also drives the market for sentiment analytics.

Sentiment analytics is gaining traction among various industry verticals such as healthcare, FMCG, telecom, retail, media & entertainment, and others. These industries are increasingly using sentiment analytics for opinion mining of consumers to extract personal content about the consumers. Sentiment analytics allows a deep understanding of consumer’s needs, expectations and extending customer base which can aid businesses to plan their business strategies accordingly.

The emergence of big data is a crucial factor in boosting the growth of the global sentiment analytics market. Availability of colossal amounts of data allows enterprises to leverage it to get actionable insights. Growing adoption of cloud computing is also a major factor driving the growth of the global sentiment analytics market.

Other drivers include seamless integration and up gradation, and cost saving on infrastructure. On the other hand, high costs associated with sentiment analytics hinders adoptions, especially from government institutions which limit the growth of the global sentiment analytics market.

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Segmentation

The global sentiment analytics market has been segmented based on component, deployment, organization size, and vertical.

By component, the global sentiment analytics market has been segmented into sentiment and service. The service segment has been further segmented into professional services and support & maintenance services.

By deployment, the global sentiment analytics market has been segmented into cloud and on-premise.

By organization size, the global sentiment analytics market has been segmented into small & medium enterprises and large enterprises.

By vertical, the global sentiment analytics market has been segmented into retail, BFSI, healthcare & life sciences, Education, media & entertainment, transportation & logistics, and others.

Regional Analytics

The Americas, Europe, Asia Pacific (APAC), and the Rest of the World (RoW) are the key markets for sentiment analytics. The Americas account for the maximum share of the global sentiment analytics market on account of the concentration of major players in the region and high adoption rate of the technology by small and large enterprises. The US and Canada are the key contributors to the Americas market.

APAC is slated to emerge as the fastest growing market for sentiment analytics. The region is investing substantially on sentiment analytics to improve business outcomes. The presence of a large number of SMEs in the region can also be credited for the growth of the market in APAC.

Competitive Landscape

Adoreboard (U.K.), Twizoo (U.K.), IBM (U.S.), Aylien (Ireland), SAS Institute (U.S.), Angoss Sentiment Corporation (Canada), Bottlenose.Com (U.S.), Clarabridge (U.S.), Brandwatch (U.K.), and Crowdflower (U.S.) are the remarkable players in the global sentiment analytics market.

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Interactive Voice Response Market Business Overview, Challenges, Opportunities, Trends and Market Analysis and Forecast To 2023

 Interactive Voice Response Market, By Solution (Call Routing, Outbound, Self-Service), By Technology (Speech Based, Touch Tone Based, Text to Speech), By Service (Maintenance & Support), By Deployment (Cloud, On-Premise) - Forecast 2023

Market Insights

Interactive Voice Response (IVR) is an automated system employed over the telephone to interact with callers to gather relevant information which then allows the system to direct the call accordingly. The system works by use of keypad response of voice response and is employed by many organizations. Market Research Future's report on the global interactive voice response market sheds light on the various factors and figures of the market while making educated predictions about its future. The interactive voice response market is expected to witness growth at a CAGR of 7% during the forecast period from 2017 to 2023. Increasingly being employed by a variety of business organizations, the global market is expected to reach an estimated value of USD 3.7 Bn by the end of 2023.

Businesses are increasing their customer relationship management activities in an effort to sustain long-term relationships; this is a significant factor which is encouraging the growth of the IVR market. IVR systems are employed in a wide number of industry verticals making them fairly pervasive as they can easily be tailored to suit the organization's needs. IVR assists in ongoing customer relations by keeping up communication with them, and this can also be a good way to collect customer feedback which can ultimately be used to improve relations. The advent of cloud computing has significantly impacted the IVR marker. Interactive voice response can be deployed over the cloud which is highly advantageous as it reduces the need for physical infrastructure. With unique offerings from cloud service providers and lack of infrastructure, IVR systems are easily accessible to companies of all sizes, thus increasing market value. IVR systems are used to facilitate seamless communications with customers as it directs them to the concerned department of an organization, helps provide information, and increases brand awareness. The cost savings and optimization of organizational resources are another significant factors. Increasing number of BPOS and contact centers to handle customer service has driven increased use of IVR systems. Moreover, reduced operational costs, and increased efficiency in customer service are are driving the market.

Some IVR menus can be complex and lengthy which can be cumbersome for customers, thus challenging market growth. However, ongoing implementation of advanced technologies to make IVE systems a smooth and pleasant experience for customers who interact with it is expected to reveal opportunities in the market for further growth down the line.

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Market Segmentation

The global interactive voice response market is segmented on the basis of solution, technology, service, application, deployment, vertical, organization size, and region. Solutions offered in the IVR market include call routing, outbound, and self-service.

Technologies used in IVR include touch-tone based,  text to speech, and speech based. Services offered in the IVR market include training & education, maintenance & support, and installation. Deployment of IVR can be done on- cloud and on-premise. Organization of various sizes uses IVR, including large organizations and small & medium organizations. IVR is employed in industry verticals which in the report include IT & telecommunication, healthcare, education & government, transportation & logistics, consumer goods & retail travel, media & entertainment, and others.

Regional Analysis

North America accounts for the highest share of the market due to the presence of strong network infrastructure and the presence of key players who are present in the developed countries of this region. U.S and Canada are among the developed countries of the region, and IVR is adopted on a large scale in these countries across organizations of all sizes.

 Meanwhile, the Asia Pacific is expected to witness growth at the highest CAGR due to the potential of IVR is the regions rapidly emerging economies. Moreover, international business organizations are increasingly setting up BPOs and other contact centers in the APAC to leverage reduced operational costs and comparatively cheap labor, thus increasing the regions market value over the forecast period. Increasingly, business organizations in emerging markets are also employing IVR which adds to the regions swift growth.

Key Players

Eminent players that have been found to have a significant role in the market have been included in MRFR’s report. Players include Avaya Inc., Convergys Corporation, Genesys Telecommunication Laboratories, Inc., 8X8, Inc., Nuance Communications, Inc., West Corporation, Cisco Systems, Inc., AT&T Inc., IVR Lab, Verizon Communications Inc., and others

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Pharma Knowledge Management Software Market Growth Rate, Future Scope, Analysis, Business Development and CAGR To 2023

Cloud Object Storage Market Research Report Analysis and Demand with Forecast To 2023

 

Cloud Object Storage Market, By Service (Professional Service, Managed Service), By Organization Size (Large Enterprises, Small and Medium Enterprises), By Cloud Deployment (Public, Hybrid), By End-User (Social Media Platforms) – Global Forecast 2023

Market Synopsis:

The global cloud object storage market, according to Market Research Future (MRFR)’s report, is projected to scale a stellar CAGR of 14% during the forecast period 2017 to 2023. The global market is poised to touch a valuation of USD 6 Bn by the end of 2023. The report indicates that a rapid shift towards the cloud storage and conveniently accessible data is primarily responsible for driving the growth of the cloud object storage market in the upcoming years.

The technological innovations provided by the key players such as HP’s Open Stack technology, IBM’s most flexible portfolio of cloud object storage solutions, etc. are likely to boost the growth trajectory of the cloud object storage market over the next couple of years. Furthermore, the availability of different deployment models has unleashed various opportunities in the market.

The market is at a nascent stage and is likely to be penetrated by new entrants in the upcoming years. This, in turn, has been prognosticated to have a favorable impact on the proliferation of the cloud object storage market across the forecast period. However, the security and privacy issues are anticipated to check the expansion of the cloud object storage market over the next couple of years.

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Market Segmentation:

By Service, the cloud object storage market has been segmented into professional service, and managed service.

By organization size, the cloud object storage market has been segmented into large enterprises, and small & medium enterprises

By cloud deployment, the global cloud object storage market has been segmented into public cloud, hybrid cloud, and private cloud.

By end-user, the cloud object storage market has been segmented into social media platforms, IT & telecommunication, BFSI, and others.

Regional Analysis:

By region, the global cloud object storage market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is presumed to lead the expansion of the global market through the projection period. The consolidation of key players in the region is likely to aid the proliferation of the cloud object storage market in the region across the review period. In addition, the large-scale inflow and outflow of massive data has intensified the adoption of cloud storage services in the region among both large as well as small & medium enterprises. Meanwhile, Asia Pacific is also expected to resonate strong opportunities and exhibit drastic rise in growth curve of the cloud object storage market.

Competitive Dashboard:

Some of the major players participating in the cloud object storage market are International Business Machines Corporation (U.S.), Dell EMC (U.S.), Hewlett-Packard Enterprise (U.S.), Hitachi Data Systems (U.S.), Caringo Inc. (U.S.), Datadirect Networks (U.S.), International Data Corporation (U.S.), Netapp, Inc. (U.S.), Microsoft Corporation (U.S.), and Google (U.S.).

Industry News:

In October 2018, Elastifile, a cloud file system startup, has announced the addition of automated tiering to its cloud object storage.

In January 2019, the leading developer of grid-scale software-defined storage solutions, OSNEXUS, announced that a next-generation scalable storage management platform, QuantaStor 5, will now be available with new upgrades and integrations offering hyperscale storage technology, advanced analytics, automation.

In January 2019, the global leader in storage and information management services, Iron Mountain Incorporated®, announced the launch of Iron Mountain® Iron Cloud™ Object Storage in Canada for the expansion of its cloud portfolio.

In January 2019, a leader in backup solutions that facilitates Intelligent Data Management, has announced that new Veeam Availability Suite 9.5 Update 4 will come with cloud data management capabilities.

In February 2019, Microsoft, an American multinational technology company, has announced the rolling out of Azure Data Lake Storage Gen2 and Azure Data Explorer for commercial use.

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Game API Market Research Report Global Trends and Forecast To 2023

 

Game API Market, By Type (Identity Management, Voice/Speech, Maps & Location, Others), By Operating System (Windows, IoS, Android, Others) - Forecast 2023

Market Synopsis

According to Market Research Future (MRFR)’s latest analysis, the global game API market has been projected to expand at a CAGR of 6% during the forecast period 2017 to 2023. The valuation of the market is expected to reach USD 2.2 Bn by the end of 2023. The growth trajectory of the market is dictated by the advancements in the gaming technologies brought by the key players. Personalized user experience is the key area of focus for the key players. Investments are likely to flow towards the innovation of enhanced experience for the gamers. This, in turn, is expected to revolutionize the game API market over the next couple of years.
The major drivers of the game API market growth include the use of microarchitecture design, development of compact and comfortable API gaming software, and the rising demand for novel technologies. These factors are projected top catapult the market on an upward trajectory. Furthermore, the rise in disposable income is likely to boost the demand for advanced gaming technologies. It is forecasted to favor the expansion of the game API market. However, factors such as limitations of hardware and software in virtual reality devices, lack of awareness about technology and compatibility problems are expected to hold the market growth in the forthcoming years.

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Market Segmentation:

This report offers an exhaustive segmental analysis of the game API market based on type and operating system. By type, the global game API market has been segmented into identity management, voice/speech, maps & location, and others.
By operating systems, the game API market has been segmented into windows, iOS, Android, and others

Regional Analysis:

The global game API market, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is a major regional market for game API. The early adoption of novel technologies into the gaming industry is the primary factor responsible for driving the growth of the market. It is likely to exhibit a similar trend over the next couple of years. Furthermore, factors such as adoption of micro service architecture as well as the implementation of the latest application development methodology are projected to dictate the expansion of the game API market in the region over the assessment period.

Asia Pacific resonates strong opportunities for growth presently and is expected to expand at a rapid pace in the foreseeable future. An upsurge in demand for game API is predicted, thus, the market is likely to augment over 2023. Fast-developing economies of the region such as China and India are prognosticated to catalyze the expansion of the game API market in the forthcoming years. These countries are expected to emerge as promising country-level markets towards the end of the projection period.

Competitive Landscape:

Some of the key players profiled in the report are NetEnt (Sweden), Neteller (England), Matrix Games (England), Microsoft Corporation (U.S.), Cake Network (Netherland), Google (U.S.), Amazon.Com, Inc. (U.S.), CA Technologies (U.S.), Apigee Corp. (U.S.), and Tibco Software Inc. (U.S.).
  

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