Connected Workplace Market Research Report - Global Forecast to 2022

 Global Connected Workplace Market, by Components (Security Systems, Smart Lighting), By Types (Telecommuting, Virtual Team, Hot Desk), By Deployment (On-Premise, On-Cloud, Hybrid), By Applications (Monitoring, Building Automation) - Forecast 2022

Market Highlights

Connected Workplace Market is expected to grow at CAGR of ~11% during the forecast period and expected to reach market size of USD ~31 Billion by the end of forecast period.

Connected Workplace connects all employees to their colleagues and interlinking all tasks by effectively using cloud based applications or mobile devices. This is also supports big data analytics in organization which increases the productivity, customer interaction, thereby generating huge revenue for the firm. The growth drivers for this market include widespread availability of interactive service in the organization which helps in providing information to all the stakeholders of organization, by utilization of tablets, smartphones and laptops and flexible working spaces which help in attracting new talent for the organization. A major challenge in connected workplace is protecting the intellectual property of an organization as the information can be assessed worldwide.

Connected workplace facilitates an organization with free seating and open space arrangement which help a business in easily adopting the changing business needs. Connected workplace leverages technology which satisfies the employees of the organization, leading to high productivity and helps in maintaining quality standards. This also allows an organization to efficiently utilize their workplace investments.

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Connected Workplace Market

The Global connected workplace Market has been segmented on the basis of components, types, deployment and applications. Component includes- security systems, smart lighting, HVAC control, and others. On the basis of type, the global connected workplace market can be segmented into telecommuting, virtual team and hot desk among others. Connected workplace can be deployed by using on-premise, on-cloud and hybrid technology methods. The applications of connected workplace can be monitoring, building automation, energy management system, mobile device management and others.

Key Players:

The prominent players in the connected workplace market  are- Siemens AG (Germany), Koninklijke Philips N.V. (The Netherlands), ABB Ltd. (U.S.), Deloitte Pvt. Co. (U.S.), Schneider Electric SA (France), Cisco Systems, Inc. (U.S.), Crestron Electronics, Inc. (U.S.), Honeywell International, Inc. (U.S.), Johnson Controls Inc. (U.S.) and United Technologies Corporation (U.S.) among others.

Market Research Analysis:

Market Research Future Analysis shows that the major driver of growth of connected workplace market is increasing adoption of digital innovation by employees of organization. The employees are greatly accepting the concept of  bring-your own device (BYOD) which enables them to bring their own laptop or smartphone to work and connect them to the firm’s IT network. The increasing youth population in many regions which is technology savvy is also supporting in promoting the concept of connected workplace. This concept is being majorly adopted by industries such as software companies, educational institutes, consultancy providers, real estate and construction among others. Workspaces are increasingly taking advantage of intelligent building systems, allowing companies to reduce energy costs and personalizing the workspace experience for employees.

Market Research Future Analysis shows that North America is expected to dominate the global connected workplace market owing to presence of many large companies like Deloitte Pvt. Co, Crestron Electronics, United Technologies Corporation, Honeywell International, Inc. and others in the region. The increase in number of OEM operators in North America region would also contribute to the market growth. APAC region is also expected to record a huge growth rate in the forecast period due to rapid industrialization in developing economies like India, and China and is expected to fuel the connected workplace market in the upcoming future.

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Product Life Cycle Management Market Business Revenue, Future Scope, Market Trends, Key Players And Forecast To 2023

 Product Life Cycle Management Market Research Report, by Component (Application/Software, Services), by Deployment Mode (On-Premise, On-Cloud), by End-User (Automotive and Transportation, Industrial Machinery, Retail, Energy) - Global Forecast till 2023

Market Synopsis:

Product lifecycle management is a process that supports in coordinating and managing the complexities of cross-functional practices in order to deliver high-quality product. Market Research Future (MRFR) has published a report stating that the global product lifecycle management market is anticipated to expand at a noteworthy CAGR of 8% during the forecast period of 2016-2022 and reach the valuation of USD 835 Mn by the end of 2022.

Product lifecycle management system is a cost-effective solution that aids in development process of small to medium scale organizations. Increasing adoption of cloud-based solutions for process optimization in various industrial sectors is one of the major factors that are propelling the growth of the global product lifecycle management market. The integration of PLM software with various integrated applications such as enterprise resource planning (ERP), customer relationship management (CRM), application lifecycle management (ALM) and others is fueling the growth of the global product lifecycle management market.

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Market Segmentation:

The global product lifecycle management market has been segmented on the basis of components, deployment, functions and end user. Based on components, the product lifecycle management market has been segmented into software and service. The software segment has been sub-segmented into numerical control (NC), electronic design and automation (EDA), architecture and engineering and construction (AEC) and simulation and analysis (S&A). The service segment has been sub-segmented into integration, consulting, maintenance and operation. Based on deployment, the product lifecycle management market has been segmented into on-cloud and on-premises. Based on functions, the product lifecycle management market has been segmented into system engineering, product portfolio management, product design, manufacturing process management and others. Based on end user, the product lifecycle management market has been segmented into automotive and transportation, industrial machinery, electronics and semiconductors, retail¸ energy and utilities, aerospace and defense, pharmaceutical, IT and telecom, and others.

Regional Analysis:

Geographically, the global product lifecycle market has been segmented into four major regions such as Asia Pacific, Europe, North America and the rest of the world. Rising utilization of cloud-based product lifecycle management solutions and high demand for electronic computer-aided design of PLM are propelling the growth of the product lifecycle management market in the North America region. Increasing demand for product lifecycle management solutions in small to large scale enterprises is leading to the significant growth of the product lifecycle management market in the Asia Pacific region. Rapid innovation in product design is complimenting the growth of product lifecycle management market in the Europe region.

Industry Updates:

In October 2018, New Generation Computing (NGC), a developer of new computational paradigm, has announced that Rubie's Costume Company, one of the largest designers, manufacturer and distributor of Halloween costumes, has implemented NGC's fashion and apparel product lifecycle management solution.

In October 2018, Centric Software, a leading PLM solution provider for fashion, retail, footwear, luxury, outdoor and consumer goods companies, has announced that it is entering Indian market by introducing market-leading product lifecycle management (PLM) solutions to local fashion, retail and consumer goods companies.

In October 2018, Citizens of Humanity, a leading merchandise brand, has announced that it has selected Gerber's YuniquePLM solution for speed to market and data centralization.

In October 2018, Poca Rabanne, the cutting-edge French fashion house, has announced that it has selected Centric Software to provide product lifecycle management (PLM) solution.

Key players:

The prominent players profiled by MRFR that are operating in the global product lifecycle management market are Dassault Systèmes (France), Autodesk, Inc. (the U.S.), PTC (the U.S.), Siemens PLM Software (the U.S.), Apparel magic (the U.S.), Oracle Corporation (the U.S.), SAP SE (Germany), Infor, Inc. (the U.S.), Aras Corporation (the U.S.), Arena Technologies (the U.S.), Omnify software (the U.S.), Infor Company (the U.S.), Accenture PLC (the U.S.) and others.

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Operational Database Management Market Outlook and Future Scope Analysis Forecast To 2022

 Global Operational Database Management Market, by Application (Data Formatting, Data Validation, Error Tracking), by Component (Hardware, Software), by Organization (Small, Medium, Large), by End-User (Government, Healthcare, Telecom) - Forecast 2022

Operational Database Management Market Global Market   - Overview

The operational database is a database which enables the user to access the data and manipulate it simultaneously. Operational database is independent of application programs which eventually offers better integrity and reduce the data repetition. It also allows the end users to customise and format based on different verticals such as healthcare, banking &financial institution and many more. Operational database are widely used in small and large enterprise which can be employed based on premise and on cloud. Constant evolving technology leads to the increase in number of solution providers and mining the real-time information enables the businesses to craft  effective decision process are the major propelling factors for the operational database management market. However, increase in number of cyber-attacks and growing concern of security threats are anticipated to be restraining factors the operational database management market.

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Industry News:

May 2017, IBM Corporation to speed-up Open Database as a Service on IBM power system.  IBM Corporation released a new Database-as-a-Service (DaaS) toolkit on power system to enhance the open source database. The new platform gives database administrators the authority to employ a fully configured private cloud automated provision for open source database services. Additionally, end-user will be able to attain the proficiency of cloud model and control resource allocation for their enterprises.

 December 2017, MariaDB Corporation to partner with global visual analytical leader Tableau. MariaDB Corporation which is known for fastest growing open source database, decided to partner with Tableau, the global leader in visual analytics, to provide the reliable, fast and data-driven solutions for business decision.  The MariaDB integration with Tableau’s business intelligence allows the BI professionals to utilise the tool and interface with techniques which enables to deploy either on a transactional system of MariaDB TX or data ware housing system of MariaDB AX.

Operational Database Management Market Global Market   - Segmentation

Segmentation by Applications: Data Formatting, Data Validation and Error Tracking.

Segmentation by Components: Hardware and Software.

Segmentation by Deployment: On-Premise and Cloud.

Segmentation by Organization Size: Small & Medium Enterprise and Large Enterprise.

Segmentation by End-users: Healthcare, Government, Energy, Banking, Insurance &Financial Services, Entertainment, Education, and Telecom

Segmentation by Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Operational Database Management Market Global Market   - Regional Analysis

North America is expected to dominate the global operational database management market with the largest market share globally. The United States is presumed to be the leading country of the North America region. This is attributed to presence of big IT giants such as Microsoft Corporation, IBM Corporation and Oracle Corporation which are constantly working on database management market and enhancement of advancement of computer model and system. Asia Pacific region is presumed to be the fastest growing region in the operational database management market owing to increased adoption rate in various industrial sector such as banking and healthcare sector. Currently, India is anticipated to be brightest spot for the operational database management market due to raising the bar limit of Foreign Direct Investment (FDI).

Keyplayers

Some of the major players in global operational database management market include - Oracle Corporation (U.S.), IBM Corporation (U.S.), Neo Technologies (U.S.), MariaDB Corporation (Finland), Datastax Inc., (U.S.), MongoDB Inc., (U.S.), Microsoft Corporation (U.S.), InterSystems Corporation (U.S.), MarkLogic (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), and Aerospike Inc., (U.S.) among others, are profiled in MRFR Analysis and are at the forefront of competition in the global operational database management market.

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Network as a Service Market Research Report- Forecast 2022

 Network as a service (Naas) is a business model that provides virtual networking service and is utilized to integrate cloud networking framework and cloud computing services. Market Research future (MRFR) has recently published a detailed report suggesting that the global market for NaaS is anticipated to expand from USD 35.3 Bn in 2016 to USD 126.8 Bn by 2022 at a strong CAGR of 28.4% during the forecast period (2016-2022)

Market Drivers and Restraints

Rapid development in network virtualization, increasing demand for cloud computing and adoption of cloud-based services over the traditional practices, and inclination towards subscription-based (pay per use) business models are some of the major drivers that are empowering the proliferation of the global network as a service market. The emergence of software-defined networking (SDN), network virtualization, rise in the need for global connectivity and increasing awareness about the economic benefits of NaaS are factors inducing the demand for NaaS in the global market. The challenges faced by global enterprises network for supporting the distributed workforce in multiple international locations is creating a huge demand for NaaS and is expected to grow the NaaS market globally. Potential benefits of network as a service such as reduction in network traffic, optimization of bandwidth usage, faster deployment, network transparency, reduced hassle for network management and maintenance are positively impacting the expansion of the global NaaS market. However, privacy data security and privacy concerns are likely to hinder the growth of the global NaaS market.

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Market Segmentation

The global network as a service market has been segmented on the basis of type, service, component, deployment and end-user. On the basis of type, the NaaS market is segmented into local area network (LAN) and wide area network (WAN). By service, the market is divided into network virtual function (NVF), WAN connection, data center, bandwidth on demand and others. Component of NaaS market includes infrastructure and technology service. By deployment, it is divided into on-cloud and on-premise.

The end-users of NaaS includes IT and telecommunication, BFSI, manufacturing, healthcare, retail, transportation and others. Due to the growing application of NaaS and constant adjustment for cost-effective IT infrastructure operations, IT & communication and BFSI are expected to dominate the global NaaS market during the forecast period.

Detailed Regional Analysis

By region, the global network as a service market is segmented into North America, Europe, Asia-Pacific and the rest of the world. Inclination towards the adoption of advanced technology, intense research and development in telecom industry, increase in the number cloud-based services and other factors are driving the market in North America. This region is anticipated to hold the largest market share during the forecast period. Expanding telecommunication network, adoption of cloud-based services and interment in IT infrastructural projects in developing economies is fuelling the growth of NaaS market in Asia-Pacific region and it is anticipated to project the fastest growth in the global NaaS market. Whereas, the market in the European region is profited due to extensive government initiatives, leading to the expansion of NaaS market in this region.

Competitive Analysis

The surge of new players is triggering competition among the service providers in the global network as a service market. The strategic collaboration of the prominent players with other players in the global network as a service market is sharpening the competitive edge of the global market. In April 2018, Aryaka Networks Inc. (U.S.) has partnered with China Mobile International leading to the alleviation of confusion surrounding new Chinese regulation that limits cross-border communications.

The key players in the global network as service market are Alcatel Lucent (U.S.), Brocade Communications Systems Inc. (U.S.), Ciena Corporation (U.S), Cisco Systems (U.S.), IBM Corp. (U.S.), Juniper Networks (U.S.), NEC Corp. (Japan), VMware (U.S.), Aryaka Networks Inc. (U.S.), AT&T (U.S.) among others.

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Business Intelligence Market Research Report- Forecast to 2022

 Market Research Future (MRFR), predicts that the global business intelligence market will grow at a CAGR of 11.03%m, reaching USD 34.3 billion by 2022 from USD 16.3 billion in 2016 during the forecast period 2016-2022.

Market Overview

Organizations are increasingly turning to Business Intelligence (BI) to address the challenges of business decisions posed by vast amounts of data. Business intelligence includes technologies, applications, infrastructure and tools, and best practices that enable access to and analysis of information to support informed business decisions. Business Intelligence equips organizations with the advantages of faster decision making, real-time performance measurement, greater insights into customer behaviour, better quality of information, better estimation of threats and opportunities, increased sharing of information and improved efficiency, enhanced communication, quick response to changes in financial conditions and supply chain operations, reduced equipment downtime, and others. The drivers of the global business intelligence market are numerous, however, growing adoption of data analytics by organizations across the globe, the emergence of IoT-enabled technologies, and increasing usage of data analytics remain the principal drivers of the market. The increase in quantity and variety of large volume of data produced by organizations has increased the need for business intelligence tasks.

 Moreover, with the rise of mobile-based applications, there has been an emerging demand for mobile analytics business intelligence.

Market Research Future (MRFR), predicts that the global business intelligence market will grow at a CAGR of 11.03%m, reaching USD 34.3 billion by 2022 from USD 16.3 billion in 2016 during the forecast period 2016-2022.

The main barriers to the adoption of BI are cost and complexity. Departmental silos remain one of the principal obstacle along with other factors such as employee resistance to adoption of new technology, lack of CIO participation in decision making, lack of expertise to utilize the technology to its fullest potential. Even though the barriers to adoption of business intelligence are many and significant, implementation of BI has facilitated businesses make improved business decisions over accurate data.

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Segmentation

The global business intelligence market has been segmented based on technology, service, component, deployment, organization, and industry. By technology, the market has been segmented into mobile BI, cloud BI, social BI, and others. By service, the market has been segmented into managed service, hosted service and others. By deployment, the market has been segmented into on-cloud and on-premises. By organization, the market has been segmented into telecom & IT, education, manufacturing, retail, banking and others.

Regional Analysis

North America leads the market for business intelligence. Presence of major industry players in the region, intense R&D activities in the field of technology, increasing competition, and evolving trend of data proliferation aids the growth of the market in North America. Asia-Pacific holds potential growth opportunities and is estimated to manifest high growth during the forecast period owing to ongoing industrialization and advancements in the field of technology in the region.

Competitive Analysis

The global business intelligence market is highly competitive and organized with few well-established players leading the market. Some significant players include Rackspace (U.S.), SAP SE (Germany), Microsoft Corp (U.S), Juniper Networks (U.S.), Verizon wireless (U.S.), Cisco Systems (U.S.), SAS Institute (U.S), AT&T (U.S), IBM Corp. (U.S.), and VMware (U.S.) among others. These major players are adopting various strategies such as acquisitions, collaborations, mergers, partnerships, product launches, product updates to gain a substantial competitive edge over business rivals.

Industry Updates

• In May 2018, Deliveroo Singapore, an on-demand food delivery company announced the use of business intelligence as their next move for business intensification and expansion. Called the Business Intelligence Unit, it will be assaying local food trends, habits, local restaurants and tastes to enhance their service offering.
• Softheon, a leading cloud-based health insurance company, announced the introduction of a new health plan business intelligence suite in May 2018. Named Foundry BI, this suite features configurable, state-of-the-art, easy to use tools which track and reports transaction trends, key performance indicators.

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Narrowband - IoT Market Growth Rate, Future Scope, Analysis, Business Development and CAGR To 2022

 

Narrowband-IoT Market by Device Type (Tracker, Smart Metering, Wearable), Deployment (Stand Alone, Guard Band, In Band and), by Vertical (IT, Manufacturing Agriculture, Healthcare, Automotive & Transportation) -Forecast 2022

Market Highlights

The Global Narrowband IoT market has been evaluated as growing market and expected that the market will touch high growth figures in Asia-Pacific region during forecast years.

In April 2016, Huawei and Vodafone announced the foundation of an Open IoT Lab for the product development and applications relating to NB-IoT technology. Many prominent vendors such as Huawei Technologies Co. Ltd., Emirates Telecommunications Corporation, Qualcomm Incorporated and Vodafone Group PLC among others are working towards making the IoT dream, a reality.

Narrowband IoT is a type of M2M communication technology that is specifically optimized for internet of things (IoT). The NB-IoT modules only transmit small amount of infrequent data over long period of time. The Market of NB-IoT is showing healthy growth due to the various advantages offered over conventional M2M channels such as low cost, low power consumption, long battery backup, reliable connection with wide area coverage and deep penetration. The growing demand of low power connectivity solution and increasing interest in IoT platform are driving the market of NB-IoT. 

Taste the market data and market information presented through more than 40 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Narrowband-IoT Market Research Report -Forecast to 2022.

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Narrowband-IoT Market:

The usage of tracking devices and Smart meter is increasing among various industry such automotive & shipping industry, building automation, healthcare among others. NB-IoT offers wide coverage and low data rate transmission and is expected to be widely adopted by these industries for tracking and security applications among others. The increasing sensor deployment and machine-to-machine connectivity in order to manage the devices from remote locations are some of the major driving factors which are helping the NB-IoT market to achieve new heights in upcoming years.

The Major Key players of Narrowband-IoT market are: Huawei Technologies Co. Ltd. (China), Vodafone Group PLC (U.K.), Emirates Telecommunications Corporation (UAE), Telecom Italia (Italy), Qualcomm Incorporated (U.S.), China Unicom (China), Intel Corporation (U.S.), Ericsson (Sweden), Nokia Networks (Finland), Verizon Communication (U.S.) among others.

Market Research Analysis:

Market Research Future Analysis shows that Narrowband-IoT Market is growing rapidly and during the forecast period, it is expected to grow at CAGR of ~50%. Upcoming trends in the sensor technology, M2M communication, growing IoT industry with respect to autorotation and deployment of technology is expected to lead the market on new heights.

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Microgrid as a Service Market Global Trends and Forecast To 2022

 Microgrid as a Service Market by Grid Type (Grid connected, Islanded), by Service Type (Software as a Service, Monitoring & Control Service, Operation & Maintenance Service), Industry (Government, Residential & Commercial, Industrial, Military & Defense) - And Forecast 2016-2022

Overview:

To address the problems associated with power resiliency, alternative energy options such as advanced microgrids are being considered. Microgrids are a distribution network of distributed energy resources (DER) that is capable of islanding regardless of being connected to a traditional utility power grid. Microgrid-as-a-Service (MaaS) or reliability-as-a-service is a new business model which can be used in generating and conserving energy without financial strain. They are a good source of income for consumers owing to its ensured reliability and resilience.

As per the analysis of Market research Future (MRFR), the global Microgrid as a Service market is expected to reach a valuation of USD 2201 Mn at a CAGR of 16% over the forecast period of 2016-2022. The global microgrid as a Service market was valued at USD 772 Mn in 2015.

Surging cases of widespread power outages caused by natural calamities and aging grid structures have resulted in a pressing need to improve energy output. MaaS offers the advantages of dynamic monitoring and scalability at an affordable rate. Rapid industrialization across the globe, especially in the emerging economies has resulted in the need for an uninterrupted flow of electricity which has further induced greater demand for MaaS. Moreover, the adoption of MaaS eliminates the need to incur upfront costs which bodes well for the market in price sensitive market. MaaS acts as an ideal solution for consumers who are more interested in low-cost, reliable services. Continuous technological advancement in the field of microgrids has also contributed to the growth of the market. Other factors driving the growth of the market include an uptick in consumer demand arising out of severe weather fluctuations, reduction in the price of distributed generation, and state incentive programs. Even though MaaS has entered the mainstream, its rapid dissemination and implementation are still met by challenges related to management struggles, and technical constraints. 

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Segmentation

The global Microgrid as a Service market has been segmented based on grid type, service type, and industry.

By grid type, the global microgrid as a Service market has been segmented into Grid connected and remote/Islanded.

By service type, the global microgrid as a Service market has been segmented into Service, Monitoring & Control Service, and Operation & Maintenance Service.

By industry, the global Microgrid as a Service market has been segmented into Manufacturing, Residential & Commercial, Military, and Utility.

Regional Analysis

By region, the global Microgrid as a Service market has been segmented into North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW).

APAC is leading the global microgrid as a Service market. Increased demand for power due to rapid industrialization, high penetration of automation across industries in the region. In addition, government initiatives towards the electrification of rural areas in developing countries such as India, China, and Japan generate massive demand for MaaS. Additionally, increasing demand for renewable energy sources acts as a plus for the growth of the market.

North America is a significant market for MaaS which is likely to exhibit substantial growth over the forecast period. Persistent development in the power sector in the region can be credited for the growth of the market. The United States Department of Energy encourages the adoption of microgrid which has resulted in increased adoption of MaaS in various government as well as private projects.

Competitive Landscape

The notable players in the global microgrid as a service market include General Electric (U.S.), Exelon Corp. (U.S.), Eaton Corp. PLC (Ireland), Northern Power Systems Corp. (U.S.), Spirae, Inc. (U.S.), NRG Energy, Inc. (U.S.), Schneider Electric SE (France), ABB Ltd. (Switzerland), Siemens AG (Germany), and Duke Energy Corporation (U.S.).

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