Smart Grid Security Market |COVID-19 Impact, Business Revenue, Future Scope, Market Trends, Key Players, and Forecast till 2023

 

Smart Grid Security Market Research Report, by Deployment (On-Premise, Cloud), Security Type (Endpoint, Network, Application and Database), Application (Consumption, Generation and Distribution & Control) - Global Forecast till 2023

Market Overview

The fortification of traditional power grids is predicted to enhance the smart grid security market 2020. The ICT industry reports are produced by Market Research Future, which highlights market options for expansion.  A revenue level of USD 747.07 Million is projected by 2023, with the backing of a CAGR of 10.73%.

The need to enhance availability & allotment of power is predicted to bolster the smart grid security industry in the forecast period. The rise in funding to alter utility infrastructure to the smart grid is projected to enhance the smart grid security market.

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Segmental Analysis

The segmental scrutiny of the smart grid security market is conducted based on security type, application, deployment, and region. The application-based segmentation of the smart grid security market is segmented into generation, consumption, distribution and control. Based on the deployments, the smart grid security market is bifurcated into the cloud and on-premise. On the basis of regions, the smart grid security market is segmented into North America, Europe, Asia-Pacific, and the Rest of the regions in the world. Based on the security types, the smart grid security market is segmented into endpoint, network, application, and database.

Detailed Regional Analysis 

The regional examination of the smart grid security market consists North America, Europe, Asia-Pacific, and the Rest of the regions in the world. The regional markets in smart grid security are anticipated to develop at an outstanding rate in the forecast period from 2018 to 2023. The North American regional market is likely to lead the smart grid security market as of 2018 to 2023 due to the incidence of highly developed utility infrastructure, elevated concentration of market players in the region, and accessibility of accomplished cyber-security knowledge. Nonetheless, the region of Asia-Pacific is anticipated to develop at the maximum CAGR throughout the forecast period due to alteration in conventional grid structure to the smart grid by many nations in the region.

Competitive Analysis

The market is in a condition of flux due to the rapid and severe changes in the global economy. The market players are taking the steps that are necessary to ensure that the market survives the turbulent period and emerge recovered in the future. The fortification of the human resource is estimated to be the critical point being addressed in these times of uncertainty. The support of the administration in countries around the world is estimated to have a significant impact on the development of the market in the upcoming period. The rebooting of manufacturing activities is another strategic aspect that is being emphasized to ensure that the supply of the end product can be reasonably ensured to the users in the market. The revamping of distribution channels is also expected in the coming years with a particular focus on using robots for the logistic function on a larger scale than before.

The notable contender working in the smart grid security market are IBM Corporation (U.S.), N-Dimension Solutions (Canada), Cisco Systems, Inc. (U.S.), BAE Systems PLC (U.K.), Elster Solutions (U.S.),  Intel Corporation (Intel Security) (U.S.), Lockheed Martin Corporation (U.S.), Siemens AG (Germany), Symantec Corporation (U.S.), Alert Enterprise (U.S.), Leidos (U.S.), Symantec Corporations (U.S.), and McAfee LLC (U.S.).

Industry Updates:

Apr 2020 ABB Power Grids are gearing up to boost efficiency with 5G-ready factory connectivity. ABB Power Grids is combining more digital solutions into its transformer factory in Ludvika, Sweden, to augment performance and productivity. ABB Power Grids is a worldwide leader and leader within power technology, addressing automation and power for the smart grid.

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IoT For Public Safety Market |COVID-19 Impact, Demand, Industry Size, Top Players, Opportunities, Sales, Revenue and Regional Forecast till 2023

 Global IoT for Public Safety Market Research Report – by Component (Platform, Solution, Services), by Application (Disaster Management, Emergency Communication & Incident Management, Critical Infrastructure Security, Surveillance & Security), by Vertical (Smart Healthcare, Smart Manufacturing, Others), and Region - Forecast to 2023

Overview:

The internet of things (IoT) for public safety market is assured of healthy growth as it is intimately linked with the smart city initiatives across the globe. Residents’ security has always been of utmost importance for the administrators. Latest developments on technological front regarding safety reflect that concern. The global IoT for public safety market is expected to bank on this desire to provide safety and grow with an impressive 15.60% CAGR during the forecast period (2018-2023). With this speed, it seems quite possible for the IoT for public safety market to attain a valuation of USD 2010.44 million, more than double of its previous valuation in 2017 of USD 844.2 million, by 2023. The report published by Market Research Future’s (MRFR’s) is founded upon a detailed analysis of drivers such as rising demand for smart cities and increasing reliance on unmanned operations. IoT for public safety market can provide this in real-time with round-the-clock monitoring which increases decision -making capabilities by using analytics.

On the flip side, the IoT for public safety market can find it daunting to reach a wider-spectrum for better adoption rate. IoT for public safety initially incurs high cost which can strain the profit margin of the developers and deter them from seeking its application. However, if it happens then, the pullback cannot stay for long as end-users are making it a habit of integrating the IoT for public safety in their system.

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Segmentation:

The IoT for public safety market can be segmented by component, application, and vertical.

Based on the component, the IoT for public safety market can be segmented into platform, solution, and services. Solution is expected to be the fastest growing segment whereas, services, at present, is dominating.

By application, the IoT for public safety market comprises emergency communication & incident management, critical infrastructure security, surveillance & security, disaster management. Surveillance & security segment, by far, is the leading segment. However, disaster management can record the fastest growth rate during the forecast period.

Based on vertical, the IoT for public safety market can be segmented into smart building & home automation, homeland security, smart utilities, smart healthcare, smart manufacturing, smart transportation, and others. Homeland security is dominating the segment by generating sizeable revenue. Meanwhile, smart building & home automation is all set to record the fastest CAGR over the review period.

Regional Analysis:

Geographically, the IoT for public safety market can be mapped in regards to regions such as North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

North America is doing remarkably well in the sector. The region has superlative technology to boost this kind of sector. At the same time, the excellent economic condition has got various industries inclined towards this market. Furthermore, a lot of the service providers are from this region which gives the IoT for the public safety market advantage in the competition.

Europe’s progress track resembles that of North America’s. The similarity these two regions share in terms of market drivers can tell how much Europe is gaining from the market. At the same time, development of smart cities is also on the rise which accentuates the regional market prospect.

The APAC region is experiencing astounding growth, all thanks to countries such as India, China, and others. These emerging nations are rapidly adopting smart technologies to protect properties and safeguard individual life which is promoting the IoT for the public safety market in the region.

Competitive Insights:

Prominent players in the IoT for public safety market are Hitachi Vantara (U.S.), NEC (Japan), Cisco Systems (U.S.), IBM (U.S.), Nokia Networks (Finland), Sierra Wireless (Canada), Telit (U.K.), West Corporation (U.S.), Microsoft Corporation (U.S.), Intellivision (U.S.), Iskratel (Slovenia), X-Systems (The Netherlands), Tibbo Systems (Taiwan), Star Controls (U.S.), Yardarm Technologies (U.S.), and others. Agreements, partnerships, and new product launches are strategies employed by these players to stay ahead in the market.

Insight Enterprises, recently in 2018, launched Project Edison, a solution accelerator, to help clients bring their IoT-enabled public safety solutions in the market faster. The project plans to tap into the power of Microsoft Azure and IoT technology.

In October 2018, Hitachi Vantara completed their acquisition of REAN Cloud, a global cloud system integrator, which provides solutions for cloud-based applications across big data, machine learning and emerging internet of things (IoT) spaces.

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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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