Business Analytics Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers and Forecast To 2023

 Global Business Analytics Market Research Report, By Software (Predictive Analytics, Content Analytics, Data Discovery and Visualization Software), Industry (BFSI, Education, Government), Organisation size (Large-Scale Enterprise) — Forecast till 2023

Market Highlights

Business analytics tools, much like advanced and predictive analysis, are currently trending in the market. The growing need for data visualization and discovery due to the increasing amount of digital data is driving the growth of business analytics market. Growing adoption of smartphones and increase in the amount of time spent on smartphones by consumers has led to generation of valuable user data for businesses to benefit from.

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Industry news

September 2018, Qlik announced the release of Qlik core — the company’s platform for building new classes of data-driven applications, leveraging the Qlik Associative Engine. The product features include a complete set of APIs, open source libraries, increased flexibility, and built-in support for Amazon Web Services among others.

Key Players

Cloudability, Inc.(US), Densify, Inc.(Canada), EXPONEA (UK), Google LLC (US), International Business Machines Corporation (IBM) (US), Mixpanel, Inc. (US), PanTerra Networks, Inc. (US), SAP SE (Germany), SAS Institute, Inc. (US), Tableau Software, Inc. (US), Teradata Corporation (US), INFOR (US), Microstrategy Incorporated (US), Oracle Corporation (US), Adobe Systems Incorporated (US), Salesforce.com (US), Qlik Technologies, Inc. (US), Microsoft Corporation (US), Tibco Software (US), Fair Isaac Corporation (US), JDA Software Group, Inc. (US) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global business analytics market.

Regional Analysis

The regional analysis of the global business analytics market is done for North America, Europe, Asia-Pacific, and RoW.

North America is expected to dominate the business analytics market during the forecast period. The growing technological advancement and increase in amount of digital data generated by tech giants in countries like the US is driving the growth of the business analytics market in this region. Additionally, the growing need for risk management software by multiple businesses is contributing to the market growth.

Europe is expected to contribute significantly to the growth of business analytics market during the forecast period. The increasing need for customer retention and service improvement based on the user data is driving the growth of this market in the region. Some of the key players are located in Europe which is set to boost the business analytics market in this region.

Asia-Pacific is expected to grow significantly in the business analytics market during the forecast period. The growing adoption of smartphones and electronics devices in countries like China and India is driving the growth of the business analytics market in this region.

Latin America and the Middle East are expected to grow significantly in the business analytics market during the forecast period. The need of functionalities like workforce management, risk management and customer acquisition and retention provided by business analytics software is driving the growth of business analytics market in this region.

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Artificial Intelligence in Education Market Research Report |COVID-19 Impact, Business Revenue, Future Scope, Market Trends, Key Players, and Forecast till 2023

 Market Highlights

Artificial Intelligence (AI), when integrated with education sector, helps to tap new opportunities of an enhanced learning process and student engagement. With the use of artificial intelligence and cloud technologies, the students can get assistance regarding any basic or advanced concept any time they require. This helps students get educational support even after school hours.

The major factors contributing to the growth of AI in education is the growing adoption of automation technology, which helps in reducing the time and paperwork required for administrative tasks such as grading, admission process, and others which helps the professors to utilize this time for lesson planning and focusing on individual student. Adding to this, integration of AI offers customized and interactive software and services according to each student’s need, which helps him/her to understand the concepts in a better way. By adopting the cloud deployment for AI in education market, the services provided become feasible, scalable, and cost-effective.

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Key players

The prominent players in the market of AI in education are, IBM Corporation (US), Microsoft Corporation (US), Google (US), Amazon.com, Inc., (US), Cognizant (US), Pearson (UK), Bridge-U (UK), DreamBox Learning (US), Fishtree (US), Jellynote (France), Jenzabar, Inc., (US).

Other players in the market include Knewton, Inc., (US), Metacog, Inc., (US), Querium Corporation. (US), Century-Tech Ltd (UK), Blackboard, Inc., (US), Third Space Learning (UK), Quantum Adaptive Learning, LLC (US).

Regional Analysis

The global market for AI in education is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of AI in the education market is studied for North America, Europe, Asia-Pacific and the rest of the world.

North America is expected to emerge as the leading region for AI in education during the forecast period on the grounds of early adoption of technical advancements such as cloud technology, artificial intelligence, and machine learning. Additionally, majority of solution providers of AI in the education sector are from North America. Furthermore, well-established economies provide help in funding the study of emerging technologies such as digital learning and AI. Asia-Pacific is expected to grow at a significant rate due to increased adoption of cloud-based technologies owing to government policies and regulations to support digitization and automation. Also, increasing adoption of digital technologies for learning in countries such as China, India, and Japan in the education sector helps to enhance the learning process and increase student engagement.

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Subscriber Data Management Market |COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2023

 Global Subscriber Data Management Market Research Report, By Solution (Policy Management, User Data Repository), Network Type (Mobile, Fixed), Organization (SME, Large Enterprise), Deployment Model (On-Premise, Cloud), Application (HLR, HSS) — Forecast till 2023

Market Overview

According to Market Research Future, subscriber data management market is segmented into solution, network type, organization, deployment type, applications, and region.

Subscriber data management provides companies with a new way to integrate the subscriber data which helps them to optimize their operational expenses and provide customers a better experience. A proper and effective subscriber data management solution reduces operating expenses, provide the facility for the operators to own their data schema, and provide integrated view of subscribers across all services among others. These factors are expected to drive the growth of subscriber data management market in the coming years.

By solution, the market is segmented into user data repository, identity repository, equipment identity register, and network congestion analysis. Among these, the user data repository solution is expected to contribute the largest market share among all other solutions as user data repository turns isolated subscriber data into a unified data repository. Major players such as Ericsson provide user data consolidation (UDC), offering advantages such as flexibility with network function virtualization, ease of data monetization. Therefore, the user data repositories are expected to show growth among other solutions of subscriber data management.

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By network type, the market is segmented into mobile and fixed line network type. Among these, the market is dominated by mobile network due to increasing number of mobile users as compared to fixed line network. However, many organizations still use fixed line network due to advantages such as higher bandwidth.

By deployment, the market is segmented into cloud and on-premise.  Among these the market is currently using cloud deployment model due to easy database integration which brings together mobile profile information, structured status & network configuration data, and open API-driven service innovation, helping operators in migrating subscribers to give personalized service experience. These factors also drive the growth of cloud-based subscriber data management market.

By organization, the market is sub-segmented into small & medium enterprises and large enterprises. Large enterprises are dominating the market due to the presence of large number of subscriber base as compared to small & medium organizations. Whereas, small & medium organizations is projected to grow with the highest CAGR in coming years.

By application, the market is segmented into home location register, home subscriber server, proxy solution and revenue assurance. Among these applications, home subscriber servers are dominating the market as they support IMS entities that handle calls and sessions. It contains user profile, authentication of the user, and also provides information regarding the location of the user. Home subscriber server also supports multiple devices per subscriber, provides VoLTE authentication and authorization in IMS and pre-IMS domains, ensuring efficient management of subscriber databases.

By region, the market is segmented into North America, Europe, Asia-Pacific, the rest of the world. North America market is expected to dominate the region as there exists a large number of subscriber data management service providers and early adopters of subscriber data management solutions. Asia-Pacific is expected to be the fastest growing region, due to a vast geographical area in which a number of subscribers are growing due to which need of subscriber data management is rising, which will drive the market in Asia-Pacific region.

Key Players

The prominent players in the subscriber data management solution provider are Hewlett Packard Enterprise (HPE) Company (US), Huawei Technologies Co.Ltd (China), Nokia Corporation (Finland), Oracle Corporation (US), Amdocs Inc. (US), Cisco Systems (US), Computaris International Ltd ( UK), ZTE Corporation (China), Openwave Mobility Inc. (US), Procera Networks Inc. (US). 

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Cloud-Based Contact Centre Market 2020 – 2023: Business Trends, COVID – 19 Analysis, Emerging Audience, Size, Industry Profit Growth and Global Segments

 Cloud-Based Contact Centre Market Research Report, By Solution (Automatic Call Distribution, Agent Performance Optimization), Application (Workforce Optimization, Data Integration & Recording), Vertical (BFSI, IT &Telecomm.) — Global Forecast till 2023

Market Highlights

The cloud-based model has a high demand in contact centre market for making connections with the help of social media, email, voice and the Web accessible virtually from any location. Pay-per-use subscription pricing model for end-users, improved business continuity, cloud compliance, and improved integration, and usability drives the cloud-based contact centre market. However, this market faces some challenges associated with the adoption such as maintaining integration levels and poor IT infrastructure for cloud-based contact centres. Cloud-based contact centre market operates in various verticals such as BFSI, retail, government and public sector, healthcare and life sciences, manufacturing, media and entertainment, and IT & telecommunication. IT & telecommunication is expected to hold largest market share during forecast period.

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Key players:

The prominent players in cloud-based contact centre market are NICE Ltd. (Israel), 8x8 Inc. (US), Five9 (US), Cisco Systems (US), Genesys (US), Oracle Corporation (US), NewVoiceMedia (UK), Connect First (US), Aspect Software (US), and Extreme Networks among others.

Other players in cloud-based contact centre market are Liveops, Inc. (US), inContact, Inc.(US), 3CLogic (US), Accurate Always, Inc.(US), Interlink Network Systems (US), KM2 Solutions (US), Servion Global Solutions (India), and CCT Solutions (US) among others.

Regional Analysis

The global market for cloud-based contact centre is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of cloud-base contact centre market is studied for North America, Europe, Asia-Pacific, and the rest of the world.

North America is expected to dominate the cloud-based contact centre market during the forecast period. The US is the major contributor to the North American market due to presence of many global players and high adoption of cloud services. Increasing rate of innovation in North American market is accelerating the rate of adoption of cloud-based contact centres. Outsourcing management and expertise is gaining pace, as organizations in this region are looking to stay focused on their core businesses. Latin America and Middle East & Africa (LMEA) is expected to grow steadily due to the increasing trends of cloud services.

Europe is expected grow at a stable rate during the forecast period. Presence of huge car manufacturing sector and healthcare industries drives the cloud-based contact centre market in Europe. Asia-Pacific is expected grow at a faster rate during the forecast period due to presence of many IT & telecommunication companies. Due to increasing adoption of electronic devices as well as huge investment in R&D by China and Japan drives the cloud-based contact centre market during the forecast period.

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Mobile Gaming Market |COVID-19 Impact, Research Report- Forecast till 2023

 Mobile Gaming Market Research Report, by Type (Action or Adventure, Casino, Sports & Role Playing, and Strategy and Brain), Platform (Android, iOS, Windows), Device (Personal Digital Assistance, Smartphones, Tablets) and Region - Global Forecast till 2023

Market Overview

Market Research Future (MRFR) expects considerable gains for the mobile gaming market 2020, which is set to race ahead at a tremendous rate between 2018 and 2023 (appraisal period). We will provide covid-19 impact analysis with the report. The COVID-19 mobile gaming market research offers an in-depth analysis following the coronavirus disease outbreak.

COVID-19 Mobile Gaming Market Structure

MRFR’s impact analysis on covid-19 states that with more people staying at home, more games and apps are being downloaded. Since SARS-CoV-2 is expected to continue, the demand for social networks as well as mobile games is only presumed to skyrocket across homes. The working from home strategy and the shutting down of universities and schools has led to higher demand for mobile gaming. No doubt that with people being quarantined, there is now more time to play mobile games, as a result of which mobile games have zoomed up in the app stores and have gained top ranking. Considering the short term impact, experts predict top notch growth for the gaming industry and in turn, mobile gaming. For instance, a recent global study based on the COVID-19 analysis reveals that in the EMEA & LATAM region, mobile games have become one of the main sources of entertainment, with close to 85% of the total consumers in the region are now into mobile gaming to pass time during social distancing.

Post novel coronavirus, businesses everywhere have experienced a significant transition, where the ICT industry can be the biggest gainer in the end. ICT is the parent industry and its growth can directly influence the growth of the mobile gaming. With a large number of global IT vendors digitizing their processes and spending large amounts on collaboration tools as well as modern infrastructure, there will be boom in remote delivery models in the future. The fast adoption of digital transformation has been in line with the emerging mobility and cloud trends. In a nutshell, the expanding IT industry, prevalence of the digitalization trend and the current lockdown situation can favor the mobile gaming market, despite the long-term impact of COVID-19.

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Primary Drivers and Main Restraints

One of the latest news in the mobile gaming market is the partnership between Paytm First Games and Alibaba’s Daraz in May 2020, following which a gaming app called Daraz First Games is ready to be launched in Bangladesh. More and more market contenders are working on leveraging the fast-growing mobile gaming industry, with product launches in developing regions with untapped potential.

Since its inception in the 90s, the mobile gaming industry has witnessed multiple technological innovations and is at present, a multibillion entity that is rapidly expanding on the back of smartphone users around the world. With more than 4 billion mobile users worldwide and the developments in wireless technologies, smartphone operating systems have emerged as a significant frontier of digital mobile gaming. 5G technology, cloud gaming, and augmented and virtual reality technology are the latest mobile gaming market trends that can lead to better business prospects.

Widening use of tablets and smartphones has made internet a household commodity, giving rise to a lucrative opportunity for game developers and players in the mobile gaming market. The key revenue model followed by the app and game developers is the gains from game purchases and advertisements. Also, wearable devices including Emotiv Insight, starVR, Microsoft HoloLens and HTC Vive with augmented and virtual reality technology to enhance the gaming experience also induces market growth worldwide.

Market Segmentation

The mobile gaming industry broadly covers segments like type, device, and platform.

The types of mobile gaming solutions are strategy & brain, action/adventure, sport and role-playing games, casino, and more.

Devices on which mobile games are players include smartphones, PDAs, tablets, and others

The platform-wise segments considered in the report are iOS, Windows as well as Android.

Regional Study

North America, APAC or Asia Pacific, Europe, and RoW or the rest of the world are the primary markets for mobile gaming. The mobile gaming market size across these regions has been carefully studied to offer an enhanced understanding of the future prospects and growth opportunities.

North America is projected to provide the highest growth opportunities to the players in the years ahead, given the high popularity of e-sports, significant number of smartphone users and the sharp internet penetration. The United States (US) is the most profitable market for mobile gaming in the region, expanding faster than any other country across the globe. The country holds some of the most renowned gaming companies, like Google LLC (Google), Microsoft, Sony Corp. (Sony), Nintendo and Apple Inc. (Apple), to name a few. These companies are increasingly investing in the AR technology to enhance the gaming experience and attract more gamers, which ultimately leads to substantial gains for the regional market.

APAC can emerge as the dark horse in the mobile gaming industry and can achieve a high growth rate in the following years. The rising consumption of tablets, smartphones, and various smart devices in India, South Korea and China, ensure smooth progress for the regional market. The increasing prevalence of digitalization and the rising uptake of cloud-based services has enhanced the multi-player experience and also boosted the growth of the mobile gaming market in the region. India offers a high growth potential to the players, given the expanding population of mobile gamers. For instance, in a space of few months in 2020, Ludo King became one of the top ranking mobile games in India. It is infused with features such as multiplayer support as well as diverse themes that attract the young population.

Top Contenders

Top contenders proactively seeking a better position in the mobile gaming market include  Activision Blizzard, Inc. (US), MocoSpace (US), Tencent Holdings Ltd. (China), Gameloft SE (France), Ubisoft Entertainment SA (France), Google, Inc. (US), Apple, Inc. (US), Sony Corporation (Japan), Nintendo Co. Ltd. (Japan), Glu Mobile Inc. (US), Electronic Arts Inc. (US), and more.

Some more players operating in the industry include Playrix (Russia), Machine Zone (US), Jam City(US), Rovio (Finland), Netmarble (South Korea), King Digital Entertainment (US), Niantic (US), NetEase (China), Miniclip (Switzerland), Supercell (Finland), to list a few.

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Global Unified Communications Market Demand, Gross Profit, Opportunities, Future Estimations and Forecast| COVID-19 Analysis

 Global Unified Communications Market Research Report: By Product Type (On-Premise, Cloud-based), By Application (Unified Messaging, Conferencing, Video, Contact Center, Others) and By End-User (Healthcare, Education, Government, BFSI, Enterprises, others) – Forecast to 2023

Industry Insight

The fast-emerging global unified communications market 2020 is noticing escalated growth, which has been recorded at a substantial CAGR by Market Research Future after an exclusive study. It has also noted down that the market has huge chances to reach a high valuation by the year 2023, which is being instigated by various factors counting at the world level. Such a growth scene will take place during the years 2018 to 2023, which is stated to be the market’s forecast period. The market will gain maximum prominence during these years.

Top Influencing Factors

The technological advancements and innovations in unified communications are likely to fuel demand for unified communications over the next couple of years, which has created mush possibilities for the market in recent years. The governments are attempting to promote the adoption of the communication system in various developed economies around the world. This, in turn, has poised the augmentation of the global market in the forthcoming years.

The use of cloud-based solutions for fast and seamless communication across businesses is expected to impact market growth in the forecast period positively. The organizations are efficiently deploying cloud-based collaboration solutions in various time zones so that they can improve the productivity of its mobile team members.

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Upward adoption of cloud-based unified communication platforms is allowing geologically-diverse and dispersed teams to work together and collaborate in real-time through voice and video conferencing. The transition toward the cloud is also allowing businesses to curb capital spending by adopting operational cost models that will facilitate with paying on the basis of the capacity they require. All these factors are related to high growth possibilities for the market during the forecast period.

At the same time, the rising demand for unified communications solutions is paving ways for opportunities for solution providers in order to launch advanced versions of team collaboration software for various businesses. The critical solution providers such as Avaya, Inc.; Cisco Systems, Inc.; and IBM Corporation are offering a mix of UC and team collaboration solutions as part of efforts to strengthen market position, which is in a way contributing to the market’s growth over the forecast period.

Segmentation of Market: Unified Communications

As per segmentation, the global unified communications market has been studied among various segments such as product type, application and end-user type.

Depending on product type segment, the market has included on-premise and cloud-based.

Depending on application type, the market has included Unified Messaging, Contact Center, Video, Telephony, conferencing and others.

Depending on end-user type, the market has included healthcare, enterprises, education, government, RETAIL, IT & Telecom, BFSI and others.

Regional Outlook

Europe, Asia Pacific, North America, and the Rest of the World are the key regions where the market’s study has been conducted.

North America region led the global market back in the year 2018. The high adoption rates of advanced technologies in the U.S. are possible to drive the regional market in the forecast period. In fact, the presence of several significant players and the surged popularity of BYOD solutions are further contributing to regional growth.

The Asia Pacific market is also probable to exhibit considerable growth owing to the popular trend of mobilization among various businesses. The growth in the regional market can also be accredited to the rising importance of conquering costs as well as demand for collaborations in the region. Sectors such as banking and financial services (BFS), business process outsourcing (BPO), telecom, government, logistics, and hospitality have been changing to unified communications to enable efficient collaboration and communication.

Top Market Contenders

The top market players operating in the global unified communications market are listed as NEC, Aastra, Google LLC, Siemens Enterprise Communications, IBM Corporation, Verizon, Avaya Inc., Asnet, Star2Star, Mitel, Orange, Hewlett-Packard, Microsoft Corporation, NTT, RingCentral, Connect Solutions, Cisco Systems, Huawei, Unify, Alcatel-Lucent S.A and At&T.

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Global Identity Verification Market Trends, Global Analysis with Focus on Opportunities, Sales Revenue, Comprehensive Plans, Growth Potential Forecast 2021 – 2026 | COVID-19 Analysis

 Global Identity Verification Market Research Report: Information By Component (Solutions and Services), Type (Biometrics and Non-Biometrics), Deployment Mode (On-Premises and Cloud), Organization Size (SMEs and Large enterprises), Verticals (BFSI, Government and Defence, Healthcare & Life Sciences, Retail and eCommerce, IT & ITeS, Energy and Utilities and Others (Education, Travel and Gaming)) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2026

Market Overview

Global Identity Verification Market securing a substantial market valuation and a healthy CAGR over the review period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the coming years.

Global Identity Verification Market has been segmented based on Component, Deployment Mode, Organization Size, and Verticals.

Based on the Component, the identity verification market has been segmented into solutions and services. The solutions segment held the larger market share of the global identity verification market and is also expected to witness a higher CAGR during the forecast period. The solution segment enables various devices to provide access to secure areas.  

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Based on the Type, the identity verification market has been segmented into Biometrics, Non- Biometrics. The biometrics segment held the largest market share of the global identity verification market.  Biometric identity verification solutions verify or recognize the identity of a person based on physiological characteristics such as fingerprint or face pattern.

Based on deployment mode, the identity verification market has been segmented into on-premises and cloud. The cloud segment is expected to have a larger market share in the identity verification market during the forecast period. This is mainly due to the cost benefits of cloud deployment; it is largely adopted by various small and medium enterprises.

Based on organization size, the identity verification market has been segmented into SMEs and large enterprises. The SMEs segment is likely to register the higher CAGR in the global identity verification market owing to the increasing adoption of identity verification solutions and vulnerability to cyber threats.  The large enterprises segment accounted for the larger market size in 2019.

Based on verticals, the identity verification market has been segmented into BFSI, government and defense, healthcare & life sciences, retail and eCommerce, IT & ITeS, energy and utilities, and others. The other segment is further sub-segmented into education, travel, and gaming. The BFSI segment held the largest market share of the global identity verification market and is also expected to witness the highest CAGR during the forecast period. The rising digitization of banking processes, such as digital onboarding and payments, is anticipated to propel the market growth.

Competitive Analysis

The Key Players of the Global Identity Verification Market are Experian (Ireland), GBG (UK), Equifax (US), Mitek Systems (US), Thales Group (France), LexisNexis Risk Solutions (US), Onfido (UK), Trulioo (Canada), Acuant (US), IDEMIA (France), Jumio (US), TransUnion (US), AU10TIX (Israel), IDology (US), Innovatrics (Slovakia), Applied Recognition (Canada), Signicat (Norway), SecureKey (Canada), IDfy (India), Authenteq (Iceland), Veri5Digital (India), PXL Vision (Switzerland), IDMERIT(US), Shufti Pro (UK), Idenfy (Lithuania), WebID (Germany), IDnow (Germany), Signzy (India), and Passbase (Germany).

Regional Analysis

The regional analysis for the global identity verification has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America accounted for the largest market share in 2019, and it is expected to register strong growth during the forecast period. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period, primarily due to the growing need to resolve cyber threat issues quickly.

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