Global Network Transformation Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers Forecast till 2027

 Market Overview

According to Market Research Future, the Global Network Transformation Market has been segmented based on Component, Organization Size, Vertical, and Region/Country.

Network transformation enables organization to automate their networks to provide new advanced services with speed and cater their customers with excellent usage experience. This is achieved through connected devices, new applications, automation technologies, enhanced security controls, adoption of cloud-based services, among others. Some of the benefits offered by the network transformation include enhanced transparency and control, standardized services, short deployment cycles, faster site connectivity that enables agile business of digital services, provide customer-oriented product offerings for superior user satisfaction, increase productivity in day-to-day business operations, greater network security to meet regulatory compliances, boost adoption of cloud through via cloud exchanges and direct SaaS connectivity, among others.

By component, the global network transformation market has been divided into solution and services. Further, the solution sub-segment is bifurcated into 5G networks, cloud/centralized radio access network (C-RAN), network automation, and software-defined networking (SDN) & network functions virtualization (NFV). Whereas services sub-segment is divided into professional services and managed services.

By organization size, the global network transformation market has been divided into small & medium enterprise and large enterprise.

Depending on its vertical, the network transformation market is split into BFSI, energy & utility, government, healthcare, IT & telecom, manufacturing, retail, and others.

The global network transformation market has been analysed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

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Regional Analysis

By region, the global network transformation market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America is expected to be the largest market due to the higher adoption of innovative technology solutions and services in the region. Also, the benefits offered by network transformation including enhanced transparency and control, standardized services, short deployment cycles, faster site connectivity that enables agile business of digital services, provide customer-oriented product offerings for superior user satisfaction, increase productivity in day-to-day business operations, greater network security to meet regulatory compliances, boost adoption of cloud through via cloud exchanges and direct SaaS connectivity, among others.

Key Players

The key players in the global network transformation market are Ciena Corporation (US), Cisco Systems, Inc. (US), Telefonaktiebolaget LM Ericsson (Sweden), Dell Inc. (US), FUJITSU (Japan), Juniper Networks, Inc. (US), Hewlett Packard Enterprise Development LP (US), Intel Corporation (US), IBM Corporation (US), NEC Corporation (US), Ribbon Communications Operating Company, Inc. (US), Wipro Limited (India), TATA Communications (India), Sakon (US), and Curvature (US).

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Global Telecom Billing and Revenue Management Market Research Report - Forecast till 2027

 Regional Analysis

Global Telecom Billing & Revenue Management size is expected to register a steady CAGR of 11.0% during the forecast to 2026. The geographic analysis of the market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

North America is expected to be the dominating region in terms of the adoption of telecom billing & revenue management software & services. North American market has been segmented into the US, Canada, and Mexico. The US is expected to lead the country-level market, while Canada is projected to be the fastest-growing segment during the forecast period. The US market is expected to report the highest market share, owing to the factors such as faster adoption of advanced technologies to enhance customer experience and enhance revenue generating streams across business models. Additionally, the North American market for telecom billing & revenue management software and services is expected to grow further due to presence of key players in the region such as Netcracker (US), CSG Systems International, Inc. (US), Oracle (US), Emida (US), Infozech (US), and IntegraTouch, LLC. (US). These players are competing to deliver with advanced telecom billing & revenue management software and services that are future ready, capable of adopting to any major policies, and truly agile in terms of software development and deployment capabilities.

For the purpose of analysis, the European market has been divided into the UK, Germany, France, and the rest of Europe. In terms of market size, Europe is expected to be the second-largest region globally to adopt telecom billing & revenue management solutions and services that strictly comply with the Telecommunications Single Market (TSM) Regulation by European Union. The UK is projected to be the leading country-level market owing to higher adoption from various end-use verticals.

The telecom billing & revenue management market in Asia-Pacific region is projected to grow at the fastest rate over the forecast period, with the regional market being segmented into China, Japan, India, and the rest of Asia-Pacific. This growth is attributed to the rapid economic developments, increasing cellular subscriber base, rise in use of smartphones, rapid development across OTT platforms, and digital innovation in major countries including China, Japan, India, among others. Furthermore, IT & telecom companies in the region are developing their capabilities to offer innovative product offerings to enhance customer retention and enrich experience.

The market in the Middle East & Africa and South America is expected to register steady growth during the forecast period. The demand is contributed by the industrialization and digital transformation across the industry is expected to continue adoption of telecom billing & revenue management platform over the forecast period.

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Key Players

According to MRFR analysis, Netcracker (US), CSG Systems International, Inc. (US), Oracle (US), Telefonaktiebolaget LM Ericsson (Sweden), Huawei Technologies Co., Ltd. (China), SAP SE (Germany), Comarch SA (Poland), Sterlite Technologies Limited (India), Emida (US), Commerx (Canada), Optiva, Inc. (Canada), iNiSolution (Lebanon), Infozech (US), and IntegraTouch, LLC. (US), and ZCOM Systems (Canada). The key strategies adopted by most of the players are partnerships, agreements, product developments, and collaborations.

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Global User Experience (UX) Research Software Market Research Report - Forecast till 2026

 Global User Experience (UX) Research Software Market Research Report: Information By Type (Cloud and On-Premises), By Application (Large Enterprises and SMEs) and Region (North America, Europe, Asia-Pacific, the Middle East & Africa and South America) - Forecast till 2026

Market Overview

Global User Experience (UX) Research Software Market is projected to register a CAGR of 11.9 % during the forecast period, 2020–2026. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the market in the next few years.

Global User Experience (UX) Research Software Market is expected to witness favorable growth during the forecast period. Factors such as the growth of online commerce businesses and increasing adoption of mobile marketing are expected to drive the market during the study period. Increased influence of digital transformation creates a growth opportunity for the user experience (UX) research software market. However, network security issues are likely to restrain the growth of the global market.

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Segmental Analysis

Global User Experience (UX) Research Software Market has been segmented based on Type, Application, and Region.

Based on type, the user experience (UX) research software market has been divided into cloud and on-premises. The cloud segment accounted for the larger market value in 2019, reaching a value of USD 107.2 million; it is expected to register a CAGR of 13.3% during the forecast period. The on-premises segment was valued at USD 76.6 million; it is projected to register a higher CAGR of 9.5%. The cloud possesses the capability to run large applications without the requirement of a supercomputer or a data center. The cloud applications are powerful and scalable and possess flexible pricing to attract various enterprises to move to the cloud. Cloud-based deployment is an emerging trend in UX research software. However, on-premises deployment is considered a safe and reachable alternative for several enterprises. One of the major advantages of on-premises deployment over the cloud is that it is highly secured against cyber-attacks and security breaches.

Based on application, the user experience (UX) research software market has been segmented into large enterprises and SMEs. The large enterprises segment held a larger market share in 2019, with a market value of USD 136.2 million; it is expected to register a CAGR of 10.1% during the forecast period. The SMEs segment was the second-largest market in 2019, valued at USD 47.6 million; it is projected to register a 15.8% CAGR. The adoption of the UX research software for large enterprises is comparatively more as compared to SMEs. Large enterprises adopt the software to boost their marketing activities and gain more customers. SMEs are increasingly using UX research and investing in the technology to identify and prove or disprove their assumptions, find commonalities across their target audience members, and recognize the audience's needs, goals, and mental models.

Competitive Analysis

The Key Players of the Global User Experience (UX) Research Software Market include UserTesting (US), Qualtrics (US), Hotjar (Malta), Lookback (California), UserZoom (London), Validately (New York), Userlytics (California), UsabilityHub (Victoria), TryMyUI (California), Woopra (San Francisco, CA), Usabilla (Amsterdam), TechSmith (US), and User Interviews (New York).

Regional Analysis

The regional analysis for the global user experience (UX) research software has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. In 2019, North America accounted for the largest market share and it is expected to register notable growth during the study period. The Asia-Pacific market is expected to register the highest CAGR during the forecast period. This growth can be attributed to the increasing demand for automated solutions across various industry verticals.

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Global Computational Creativity Market Demand, Industry Size, Top Players, Opportunities, Sales, Revenue and Forecast till 2027

 Market Overview

Global Computational Creativity Market is expected to reach USD 1.1497 Billion by 2026, registering a CAGR of 25.42% during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the global computational creativity market to offer a better glimpse of the coming years.

Global Computational Creativity Market has been segmented based on Technology, Components, and Application.

Based on the technology, the global computational creativity market has been segmented into natural language processing (NLP), machine learning and deep learning (ML and DL), and computer vision. The machine learning and deep learning segment dominated the market in 2019. Furthermore, the segment is anticipated to emerge as the fastest-growing segment over the forecast period owing to the increasing adoption of machine learning & deep learning algorithm for implementing various applications of computational creativity. The growing demand for the improvement of the creative process and efficiency of creative professionals contributes to the rapid growth of the segment in the computational creativity market. The natural language processing segment is a subfield of artificial intelligence that deals with the interaction between computers and humans using natural language.  The computer vision segment is a branch of artificial intelligence that instruct computers to interpret and understand the visual world.

Based on components, the global computational creativity market has been segmented into solutions and services. The service segment dominated the global computational creativity market in 2019. Its higher growth rate can be attributed to the high demand for services, particularly for consulting, support, and maintenance services. The service segment is further sub-segmented into professional services and managed services. The solution segment is also further divided into software tools and platform.

Based on application, the global computational creativity market has been segmented into marketing and web designing, product designing, music composition, photography and videography, high-end video gaming development, automated story generation, and others. The others segment is further divided into training simulation and R&D. The marketing and web designing segment dominated the market in 2019 due to the ability of computational creativity solutions to assist users to build a creative website easily and quickly with a few simple clicks. Additionally, the growing trends for branding, advertising, and building effective marketing campaigns can be attributed to the use of computational creativity solutions for marketing and web designing applications. The product designing segment is expected to register the highest CAGR during the forecast period. Product designing is the process of imagining, creating, and iterating products that address the consumers' needs.

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COMPETITIVE ANALYSIS

The Key Players in the Global Computational Creativity Market are IBM (US), Google (US), Microsoft (US), Adobe (US), AWS (US), Autodesk (US), The Grid (US), Canva (Australia), Jukedeck (UK), Humtap (US), Amper Music (US), Automated Creative  (UK), ScriptBook (Belgium), B12 (US), Hello Games (UK), Aiva (Luxembourg), Object AI (Hong Kong), Firedrop  (UK), OBVIOUS (France), Prisma Labs (US), Cyanapse (UK), Lumen5 (Canada), Skylum (UK), Logojoy (Canada), and Runway (US).

REGIONAL ANALYSIS

The regional analysis for the computational creativity market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. In 2019, North America held the largest market share. It is expected to witness strong growth during the study period owing to increasing investments in computational creativity technologies. The market in Asia-Pacific is expected to account for the highest CAGR during the study period, primarily due to the rising use of AI technology for developing creative content.

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Global Agriculture Analytics Market Business Revenue, Future Scope, Market Trends, Key Players and Forecast till 2027

 Market Overview

Global Agriculture Analytics Market is projected to reach USD 1.5 Billion by 2026, registering a CAGR of 11.71% during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the agriculture analytics market to offer a better glimpse into the coming years

Global Agriculture Analytics Market has been segmented based on Component, Farm Size, Deployment, Application, and Region.

Based on component, the global agriculture analytics market has been segmented into solution and services. The solution segment is expected to account for a significant market share over the projected period. The increasing need for agribusiness to analyse critical farm-related data for better decision-making contributes to the growth of the solution segment in the global market during the forecast period.

Based on farm size, the global agriculture analytics market has been segmented into large farms and small and medium-sized farms. The large farms segment accounted for the larger market share and is expected to hold the higher CAGR during the forecast period. The adoption of agriculture analytics solutions in large farms is higher than in small and medium-sized farms due to the affordability. Additionally, large farms usually have the capital to invest in innovative technologies that allow them to improve a well-equipped next-generation agricultural infrastructure.

Based on deployment, the global agriculture analytics market has been segmented into cloud and on-premises. The cloud-based segment is projected to witness the higher CAGR during the study period. Cloud-based software solutions do not require users to purchase a server to run the analytics techniques. Cloud computing focuses on shared networks, servers, and storage devices, eliminating the high costs incurred in maintaining hardware and software infrastructure.

Based on application, the agriculture analytics market has been segmented into farm analytics, livestock analytics, aquaculture analytics, and others. The others segment is further sub-divided into orchid, forestry, and horticulture. The livestock analytics segment is expected to hold the largest share during the forecast period. Agriculture analytics solutions aid livestock producers in making better decisions by acquiring real-time information about animals and improving various livestock management processes.

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Competitive Analysis

The Key Players of the Global Agriculture Analytics Market are Deere & Company (US), IBM (US), SAP SE (Germany), Trimble (US), Monsanto (US), Oracle (US), Accenture (Ireland), Iteris (US), Taranis (Israel), Agribotix (US), Agrivi (UK), DTN (US), aWhere (US), Conservis Corporation (US), DeLaval (Sweden), FBN (US), Farmers Edge (US), GEOSYS (US), Granular (US), Gro Intelligence (US), Proagrica (UK), PrecisionHawk (US), RESSON (Canada), Stesalit Systems (India), AgVue Technologies (US), Fasal (India), AGEYE Technologies (US), HelioPas AI (Baden-Württemberg), OneSoil (Belarus), and Root AI (US)

Regional Analysis

The regional analysis for the global agriculture analytics market has been done for North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. The market in 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. This growth can be attributed to the growing adoption of agriculture analytics technology among the various verticals.

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M2M Communication Market Global Trends and Forecast To 2022

 M2M Communication Market, by Technology (Wired, Wireless), by Component (Wi-Fi, Sensors, RFID, Computer Software), by Application (Consumer electronics, Healthcare, Retail, Automotive, Utilities, and Home Automation) - Forecast 2016-2022

M2M Communication Global Market   - Overview

The global M2M communication market is showing immense growth; mainly due to the growing need for energy-efficient lighting systems. M2M communication refers to connecting different machines of the same type other than smartphones, tablets, and wearables with each other. The technology is segmented into wired and wireless. With the advancements in technology, M2M Communication also allows connected vehicle opportunity which offers inter vehicle and intra vehicle in order to improve the driver experience. Strong support of mobile operators and the growing high speed networks are major factors driving the growth of M2M communication market. Also, increase in cloud based M2M application platforms is one major factor driving the growth of the market. Moreover, increasing strategic partnerships with system integrators is another major factor responsible for driving the growth of M2M communication market.

According to a recent study report published by Market Research Future, The global market of M2M Communication is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022 with a striking CAGR during the anticipated period (2017 – 2022). Technological advancements and growing demand for public safety networks is boosting the growth of M2M communication market. Also, increasing demand for M2M communication from transportation and healthcare is another major factor driving the market growth. The M2M Communication market is highly competitive due to the increase in implementation of cloud based technologies and developments in the field of internet of things. On the other hand, lack of standardization and continued uncertainty around 4G LTE are major factors hindering the growth of M2M communication market. Also, getting consumers to pay more for enhanced connectivity and need for integrated M2M solutions are other factors that may hamper the growth M2M communications market.

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Industry News

Jan 2018 – Sierra Wireless is a solid IoT play for the future. Sierra Wireless makes money by producing 2G, 3G and 3G gateways and embedded modules utilized in machine-to-machine communications, and commands approximately one third of the market space and has utilized a strategy of “growth via acquisition” to boost year-over-year revenues.

Jan 2018 – TRAI mulls policy for M2M communications. Telecom regulator, TRAI has come out with proposals on machine-to-machine communications that include a new kind of permit for companies keen on providing services for this new form of technology.

M2M Communication Global Market   - Competitive Analysis

The market of M2M communication appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.

M2M Communication Global Market   - Segmentation

The M2M communication market can be classified into 4 key segments for the convenience of the report and enhanced understanding;

Segmentation by Technology: Comprises of Wired, Wireless and Hybrid

Segmentation by Component: Comprises of Wi-Fi, Sensors, RFID, and Software among others

Segmentation by Application: Comprises of Consumer Electronics, Healthcare, Retail, Automotive, Utilities, and Home Automation among others

Segmentation by Region: Comprises of Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

M2M Communication Global Market   - Regional Analysis

North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the M2M communication market in North America owing to the presence of a large number of established key players such as Aeris communication. Inc., AT&T, Inc., Cisco Systems Inc., Telenor Group, Intel Corporation, Singtel Group, Texas Instruments, Vodafone Group plc., Verizon Communications, Inc., Sprint Corporation and Telefonica, S.A. among others. Also, U.S. is leading the market in North America due to the rising demand of cloud based services and high-speed networks that enable easy access, analysis and manipulation of stored data transaction to help customers to improve their business operations. Also, due to the drastic fall in the usage of native applications and a considerable shift towards the adoption of cloud based applications in the region, the market is likely to show immense growth in the coming future. M2M communication market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2022 due to increasing adoption of smartphones and digital solutions such as smart meters in China and India in the region. Whereas, the Europe market for M2M Communication is expected to grow at a considerable CAGR (2017-2022). Europe is expected to register healthy growth in the machine to machine communication market due to industrial developments as well as infrastructural growth.

Key Players

Aeris communication. Inc. (U.S.), AT&T, Inc. (U.S.), Deutsche Telekom AG (Germany), Cisco Systems Inc. (U.S.), Telenor Group (Norway), KORE Wireless Group (U.S.), Intel Corporation (U.S.),  Rogers Communications Canada, Inc. (Canada), Singtel Group (Singapore), Texas Instruments (U.S.),  Vodafone Group plc. (UK), Verizon Communications, Inc. (U.S.), Sprint Corporation (U.S.), Telefonica, S.A. (Spain), China Mobile Ltd. (China),   Numerex Corp. (U.S.), Sierra Wireless (Canada), and Orange S.A. (France) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global M2M Communication Market.

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Plant Asset Management Market Analysis and Demand with Forecast To 2023

 Plant Asset Management Market Research Report: Information by Offering (Software, Service), by Deployment Mode (Offline, Cloud), by Asset Type (Production Asset, Automation Asset), by End-User (Chemical, Aerospace and Defense) by Region - Global Forecast till 2023

Market Overview

Market Research Future (MRFR) emphasizes in its research report that the global market 2020 is projected to rise rapidly over the review period, achieving a significant market valuation from USD 5.20 Billion in 2017 to USD 8.78 billion by 2023, and a healthy CAGR of 9.5% over the review period. Drivers and Restraints

Growing demand for a cloud-based plant asset management solution drives the plant asset management market. Adopting lean manufacturing practice, requiring real-time data analysis, and growing demand for applications for failure detection also propels market growth. Growing awareness about the adoption of low-cost manufacturing plants, rising customer needs and growing trends in integrating IT and operational technology among others are key factors driving growth in the plant asset management sector. The plant asset management market is also projected to expand at the highest pace over the forecast period. This is due to the rising IoT market and an increasing demand from end-user industries for new technologies.

On the other hand, one of the major factors hampering the growth of the plant asset management market is high initial cost of investment. In addition, the need for periodic upgrading and the complexities involved in plant asset management solutions installations can hinder market development.

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Segmental Analysis

By offering, the market is bifrucated into software and services.

By deployment mode, the plant asset market is divided into offline deployment and cloud deployment.

By asset type, the market is bifurcated into production asset and automation asset.

By end user, the market is divided into chemical, energy and power, food and beverages, oil and gas, healthcare, aerospace & defense, automotive, and others.

Regional Analysis

The global business regional analysis was conducted in four major regions including Asia Pacific, North America, Europe and the rest of the world.

Asia-Pacific owing to the presence of numerous main players and vendors in the area is expected to dominate the plant asset management market. The growing solar, hardware, energy and power industries, and automotive industries are also driving the region's market development. The rising economy has led to growth in Japan, India, China and other Asian countries as the industries adopt plant asset management to minimize maintenance costs.This trend is fueling market growth as foreign investment in the region is growing. Due to the rapidly increasing industrial base and rising competition among the players in the region, the fastest growing market is expected to be the Asia-Pacific market too. North America is slated to be the second-largest market due to the presence of numerous industries and key players in the region, such as IBM Corporation and Honeywell International Inc. North America also has early access to emerging technology due to the superior infrastructure funding, and it is one of the early adopters of the plant asset management system, responsible for business growth.

Competitive Analysis

The major market players operating in the global market as identified by MRFR are   Endress+Hauser Management AG (Switzerland), Honeywell International Inc. (US), General Electric Co. (US), Rockwell Automation, Inc. (US) , Siemens AG (Germany), Yokogawa Electric Corporation (Japan), Emerson Electric Company (US), Dassault Systèmes (France), IBM Corporation (US), and Hitachi Ltd. Plant asset management market tends to be highly competitive. To retain its market place and drive market growth, a competitive environment is created by numerous diverse and diversified foreign organizations, domestic organizations and new entrants. Business leaders are constantly innovating and increasingly pursuing market growth through numerous strategic mergers and acquisitions, innovation, increased research and development investments, and cost-effective product portfolio. Big players invest in internal R&D, and most of all in the purchase of other firms.

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