shweta's collections blog

Friday, April 16, 2021

Application Development Market Size, Share, Current Trends, Industry Demand, Regional Outlook and Forecast To 2027

Global Application Development Market Research Report: By Component (Hardware), By Deployment (On Cloud), By End-Users (IT & Telecommunications) - Forecast Till 2027

Market Synopsis

As per the research by Market Research Future Reports (MRFR), the worldwide application development market is projected to value USD 9,336 Million with the CAGR of 21% by 2027. The innovative technologies like artificial intelligence have played a significant role in the augmenting the global application development market 2020. The service-oriented architecture is being actively adopted by the organizations which is additionally expanding the market. It participated in web-based applications in which the user can function on several implementation platforms. The global application development market is very competitive. The significant players opt for the advanced strategies in order to sustain in the highly competitive environment. The companies invest heavily on research and development to innovate their products. The market leaders are seeking expansion through strategies like innovation, mergers and acquisition, and cost-effective product portfolio. Besides, the application development market is expanding because of the rising demand for cloud-based applications development from transportation, I.T., and telecommunications, BFSI, media and entertainment industry. However, COVID-19 breakthrough has hampered the growth of market and is likely to pace when the pandemic begins to recede. We will provide COVID-19 impact analysis with report.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/5400

Market Segmentation

The global application development market can be segregated on the grounds of deployment, component, end-users, and region.

Based on deployment, the worldwide application development market can be classified into

On the basis of components, the worldwide application development market can be classified into software, hardware, services, and others. The services are further classified into maintenance and integration.

On the basis of end-users, the worldwide application development market can be classified into transportation, I.T. & telecommunications, BFSI, media and entertainment, and others

On the basis of region, the worldwide application development market can be classified into Europe, Asia-Pacific, North America, and the Rest of the World (RoW).

Regional Analysis

The geographical analysis of North America, Europe, Asia-Pacific, and the Rest of the World (RoW) has been conducted. As per the analysis, the North American market is expanding at the highest pace. The cloud-based applications and artificial intelligence are projected to expand the market. The increasing demand for cloud-based applications is propelling the application development market. Besides, the quick adoption of IoT will assist in the expansion of the I.T. and telecommunications industry. Besides, the presence of market players plays a major role in the regional market expansion. The U.S. contains maximum players in the market.

On the other hand, Europe is estimated to propel at the maximum CAGR during the review period. Europe is the upcoming application market owing to the rising demand for artificial intelligence. The APAC region is propelling at a significant pace owing to the existence of countries like India, Japan, and China. India, Japan, and China are dominating the global market with respect to the market share.

Key Players

The most significant players of global application development market are NEC Corp. (Japan), Salesforce.com, Inc. (U.S.), International Business Machines Corporation (U.S.), SAP SE (Germany), Microsoft Corp. (U.S.), ServiceNow, Inc. (U.S.), Oracle Corp. (U.S.), Hewlett Packard Enterprise Company (U.S.), ServiceNow, Inc. (U.S.), Alphabet Inc. (U.S.), C.A. Technology Inc. (U.S.), Compuware Corp. (U.S.), Fujitsu Ltd (Japan), Red Hat, Inc. (U.S.), HCL Tech (India), Wipro LTD (India), and few others.

Industry News

As per the press release on MobileIron’s website, which is the US-based software company, the company has announced its acquisition of mobile automation app release software company Incapptic Connect, which is the European market leader. With this acquisition, MobileIron users can take advantage of Incapptic Connect’s solution to deploy and develop secure business apps.

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact

Market Research Future

Phone: +1646 845 9312

Email: sales@marketresearchfuture.com

https://www.articletrunk.com/data-masking-market-sales-revenue-worldwide-analysis-competitive-landscape-future-trends-industry-size-and-regional-forecast-to-2027/

https://www.techsite.io/p/2119795

https://spoke.com/topics/data-masking-market-sales-revenue-worldwide-analysis-competitive-landscape-future-trends-industry-size-and-regional-forecast-to-2027-60793f8f2cd3fa3dbb001603

https://qntjuo.prnews.io/263006-Data-Masking-Market-Sales-Revenue-Worldwide-Analysis-Competitive-Landscape-Future-Trends-Industry-Size-and-Regional-Forecast-To-2027.html

Low Code Development Platform Market Growth Rate, Future Scope, Analysis, Business Development and CAGR To 2027

Global Low Code Development Platform Research Report: by Type (Database App Platform, Process App Platform, General Purpose Platform, and Request Handling Platform) by Deployment, by Component, by Organization and by Applications- Forecast till 2027

Market Synopsis

The low code development platform market is projected to grow at a whopping 32% CAGR between 2020- 2027, states the recent Market Research Future (MRFR) analysis. Low code development platforms or LCDPs, simply put, are the development of application software using GUI (graphical user interface) rather than conventional processes of computer programming. It has wide applications in construction, media and entertainment, IT and telecommunication, transportation and logistics, healthcare, BFSI, and others.

Various factors are propelling the global low code development platform market share. According to the recent MRFR report, such factors include the growing demand for mobile-based apps for business processes, rising API offerings by solution vendors, demand for software solutions & innovative applications for high investments in IT firms from developed countries, perpetual evolution in digitalization of IT firms, offers low techniques or no coding, and maturity of agile DevOps practices. Besides, owing to the growing impact of the COVID-19 outbreak, many organizations are laying emphasis on cost-cutting for sustaining their business, for which they are adopting low-code development platform to cut-down the operation costs, which is also having a positive impact on the market growth.

On the contrary, the demand for customization based apps for a business may limit the global low code development platform market growth over the forecast period.

Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global low code development platform market based on applications, organization size, deployment, component, and type.

By type, the low code development platform market is segmented into the request handling platform, general purpose platform, process app platform, and database app platform.

By component, the low code development platform market is segmented into services and solutions. The solution segment is again segmented into web solutions and mobile solutions. The service based solutions are again segmented into managed services and professional services. Of these, solutions will dominate the market over the forecast period.

By deployment, the low code development platform market is segmented into on the cloud and on-premise. The on the cloud segment will lead the market over the forecast period.

By organization size, the global low code development platform market is segmented into large enterprises and small & medium enterprises. Of these, large enterprises will stay at the forefront in the market over the forecast period.

By application, the global low code development platform market is segmented into construction, media and entertainment, IT and telecommunication, transportation and logistics, healthcare, BFSI, and others. Of these, the BFSI segment will have a major share in the market over the forecast period.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/5355

Regional Analysis

By region, the global low code development platform market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, North America will stay at the forefront in the market during the forecast period. The rise in internet users and the development of web and mobile applications for business organizations are adding to the global low code development platform market growth in the region. The United States holds a maximum share in the market.

The global low code development platform market in the APAC region is predicted to have healthy growth over the forecast period for surging economic growth in India and China and rapidly increasing start-ups as IT firms.

The global low code development platform market in Europe is predicted to have sound growth over the forecast period, and in the LAMEA is predicted to have steady growth over the forecast period.

Key Players

Key contenders profiled in the global low code development platform market report include TrackVia Inc. (U.S.), Kony Inc, (U.S), Service now (U.S.), AgilePoint (U.S.), Bizagi (U.K), K2(U.S.), MatsSoft (U.K), Microsoft Corporation (U.S.), Appian (U.S.), Caspio (U.S.), Google Inc., (U.S.), Mendix(U.S.), OutSystems(U.S.) and Salesforce (U.S.).

About Market Research Future

Contact

Market Research Future

Phone: +1646 845 9312

Email: sales@marketresearchfuture.com

https://www.spoke.com/topics/deep-packet-inspection-market-growth-rate-trends-analysis-future-scope-size-share-forecast-to-2027-60793c8a30f3613ff200e111

https://www.techsite.io/p/2119751

https://www.articletrunk.com/deep-packet-inspection-market-growth-rate-trends-analysis-future-scope-size-share-forecast-to-2027/

https://freepressreleasedb.com/pr/Deep-Packet-Inspection-Market-Growth-Rate-Trends-Analysis-Future-Scope-Size-Share-Forecast-To-2027-PR174827/

Deep Packet Inspection Market Growth Rate, Trends, Analysis, Future Scope, Size, Share, Forecast To 2027

Deep Packet Inspection (DPI) Market Research report– By Application (Intrusion Detection System (IDS), Intrusion Prevention System (IPS)), Service (training, consulting), Organization Size (Large Organization), End-User (BFSI)– Global Forecast till 2027

Market Overview

Deep packet inspection can be explained as a solution that gives the competence for the consumers to look into the computer network packet past the basic header information. DPI wisely depicts the content of a specific packet, and then reports a definite data required for statistical objective or performs an action on the packet.

The worldwide deep packet inspection market is anticipated to experience a robust expansion during the review period. The deep packet inspection market is estimated to thrive at a CAGR of approximately 22% during the review period 2020 to 2027. Increased expansion opportunities in the developing economies and raised adoption of high-speed broadband services, increase in data production, increased demand for data security operations coupled with a constant object for giving effective services on ISPs is anticipated to affect the DPI market 2020.

Other factors such as rising importance of integrated embedded and DPI, utilization of technology in traffic filtering for regulatory compliance, rising need for optimizing and monetizing internet services and the increased importance of network security concerns are few other important elements anticipated to propel the DPI market.

On the basis of region, deep packet inspection market is segregated into Asia Pacific, Europe, North America, and the Rest of the World. In comparison to the other regions, the deep packet inspection market in North America is anticipated to experience a considerable expansion and acquire the maximum market share during the review period.

Government sectors, for instance, BFSI, demands efficient security rules due to the availability of confidential data. DPI assists in providing a considerable level of censorship surveillance and security. However, elements such as scarcity of knowledge about DPI along with privacy concerns and network neutrality are estimated to pose a challenge for the DPI market.

Segmental Analysis

The global deep packet inspection market is divided on the basis of organization size, service, application, and end-user.

On the basis of application, the market comprises of network performance management, data loss/leak prevention, and management intrusion prevention system (IPS), intrusion detection system (IDS).

On the basis of service, the market comprises of support and maintenance and integration, consulting, training.

On the basis of end-user vertical consists of Healthcare, telecommunication and IT Banking & Financial Services, and Insurance (BFSI), Government and Defense, Retail and others.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/5026

Detailed Regional Analysis

The North American market is anticipated to acquire the maximum market share across the world followed by the European market and APAC market. Canada and U.S are leading the North American region owing to technological advancements and existence of crucial competitors like Check Point Software Technologies Ltd. (Isreal), HPE (U.S.), Cisco Systems, Inc.(U.S.), Extreme Networks, Inc. (U.S.), Palo Alto Networks, Inc. (U.S.) have aided the market to expand at a faster speed.

APAC region is the fastest expanding market and elements such as large data generators due to factors such as increasing population, government’s implementation of favorable rules and regulations, key outsourcing service providers, and an increase in mobile computing are affecting the market in APAC region. The region is expected to experience a faster adoption at the highest CAGR during the review period. Factors like data generation from industry sectors such as healthcare, retail, BFSI.

Competitive Analysis

Some of the crucial competitors in the worldwide deep packet inspection market are Cisco Systems, Inc.(U.S.), Symantec Corporation (U.S.), IBM (U.S.), HPE (U.S.), CA Technologies (U.S.) , Palo Alto Networks, Inc. (U.S.), Extreme Networks, Inc. (U.S.), Check Point Software Technologies Ltd. (Isreal), Sandvine Incorporated (Canada), Huawei Technologies Co., Ltd. (China), Allot Communications (Israel), SolarWinds Inc.(U.S.).

About Market Research Future

Contact

Market Research Future

Phone: +1646 845 9312

Email: sales@marketresearchfuture.com

https://www.spoke.com/topics/low-code-development-platform-market-growth-rate-future-scope-analysis-business-development-and-cagr-to-2027-60793daf2433fa61fe022324

https://www.techsite.io/p/2119761

https://www.articletrunk.com/low-code-development-platform-market-growth-rate-future-scope-analysis-business-development-and-cagr-to-2027/

https://freepressreleasedb.com/pr/Low-Code-Development-Platform-Market-Growth-Rate-Future-Scope-Analysis-Business-Development-and-CAGR-To-2027-PR174829/

Connected Logistics Market Outlook and Future Scope Analysis and Forecast Till 2027

Market Overview

The need for communication in the logistic chain is imperative, thus bolstering the connected logistics market 2020. The ICT industry reports are produced by Market Research Future, which highlights market options for expansion. A 22% CAGR is estimated to define market development in the forecast period.

The need for proper control over the management of the products is estimated to guide the connected logistics market. Moreover, the development in the smart transportation market is predicted to spur the expansion of the connected logistics market share in the impending period.

Segmental Analysis

The segmentation of the connected logistics market is conducted by software, transportation mode, platform, and vertical. On the basis of the software, the connected logistics market is segmented into the warehouse management system, network management, security, asset management, data management, and streaming analytics. Based on the platform, the connected logistics market is segmented into device management, application management, and connectivity management. On the basis of the transportation mode, the connected logistics market is segmented into airways, waterways, roadways, and railways. Based on the verticals, the connected logistics market is segmented into automotive, manufacturing, healthcare, retail, I.T. & Telecom, food & beverage, oil & gas, and others. Based on the regions, the connected logistics market comprises of North America, Europe, Asia Pacific, and the rest of the regions.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/4880

Detailed Regional Analysis

The regional study of the connected logistics market encompasses North America, Europe, Asia Pacific, and the rest of the regions. It has been apparent that the North American regional market is poised to be the main shareholder of the connected logistics market. The reputable logistics industry and technical alterations in the North American region are predicted to motivate the connected logistics market. Innovation in technology is also expected to enhance the application of connected logistics. The Asia Pacific regional market is anticipated to prove the enormous growth prospects, importantly, in nations such as China and India. Due to the swelling population and producers in this region are utilizing innovative systems in their processes for management of complex logistics that are more efficient with the assistance of tools, which is intended to gather and decipher data.

Competitive Analysis

The expansion of the market has currently come close to a standstill with government agencies and trade bodies, introducing a stimulus to pick up the pace of development in the global market. The support provided by regulations is estimated to stave off the effects of the downturn considerably in the coming period. The recalibration of the supply chain is estimated to be another area for market expansion in the upcoming period. The currency inflow is estimated to be restricted in the upcoming period, which may create further problems for the overall market growth. Current disequilibrium in the market forces has led to the market players adopting a more cautious approach to growth and development strategies. The planning and forecasting for human capital in the market is estimated to be a crucial area for focus in the years ahead. Advances in production style and technologies are estimated to gain precedence in the coming years as areas of innovation.

The leading companies in the global connected logistics market are Infosys Limited (India), SAP SE (Germany), Huawei Technologies (China), Freightgate Inc. (U.S.), Eurotech S.P.A (Europe), Cisco System Inc. (U.S.), HCL Technology Limited (India), ORBCOMM (U.S.), IBM Corp. (U.S.), AT&T Inc. (U.S.), Cloud Logistics (U.S.), Amazon Web Services(U.S.), Accenture (Republic of Ireland), Intel Corporation (U.S.), and Siemens (Germany).

Industry Updates:

Apr 2020 BMW is experimenting with a variety of autonomous, connected, and intelligent technologies at its German locations. BMW and three partner businesses from Bavaria are testing the possibilities for building BMW Group Plant Dingolfing, a smart factory for logistics. It’s an element of a three-year research project maintained by the Bavarian Ministry of Economic Affairs, Regional Development, and Energy. The “Autonomous and Connected Logistics” research project was formally commenced in September 2019 and is now going towards the solid phase.

About Market Research Future

Contact

Market Research Future

Phone: +1646 845 9312

Email: sales@marketresearchfuture.com

https://www.spoke.com/topics/data-centre-security-market-business-revenue-future-scope-market-trends-key-players-and-forecast-to-2027-60793aa82cd3fa3dbb00143d

https://www.techsite.io/p/2119728

https://www.articletrunk.com/data-centre-security-market-business-revenue-future-scope-market-trends-key-players-and-forecast-to-2027/

https://freepressreleasedb.com/pr/Data-Centre-Security-Market-Business-Revenue-Future-Scope-Market-Trends-Key-Players-and-Forecast-To-2027-PR174823/

Data Centre Security Market Business Revenue, Future Scope, Market Trends, Key Players and Forecast To 2027

Global Data Centre Security Market: by Component (Solution, Services), Data Centre Type (Mid-Sized Data Centre, Enterprise Data Centre, Large Data Centre), Vertical (BFSI, Healthcare, IT & Telecommunication, Media & Entertainment) – Forecast to 2027

Market Synopsis

The global market report with a proper discussion of the data center security market reveals possibilities where the predicted growth path would surpass a valuation of USD 15 billion by 2027. During the forecast period from 2020 to 2027, the market would achieve a CAGR of 13%. Market Research Future (MRFR) claims that factors like growing demand for data across sectors, government initiatives to make online transactions easier and safer, implementation of stringent policies to protect users, growing instances of a data breach, and others are expected to bolster the global data center security market.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/4785

Market Segmentation

The global report on the data center security market was discussed by MRFR analysts on the basis of segments like data center type, component, and vertical. These segments and data may help in finding insights that can inspire moves to increase revenues.

By component, the study of the global data center security market has been studied on the basis of solutions and services. The solution segment includes a detailed study of physical security solutions and logical security solutions. The logical security solutions segment relies on a segmentation of threat & application security and data protection & infrastructure security. The physical security solutions segment comprises facility security, computer room security, perimeter security, and rack-level security. The services segment has been segmented on the basis of integration & deployment, managed services, and consulting services.

By data center type, the study on the data center security market includes segments like enterprise data center, mid-sized data center, and large data center.

By vertical, the discussion on the data center security market includes healthcare, BFSI, media & entertainment, IT & telecommunication, government & defense, and others.

Regional Analysis

Infrastructural support and influx of investments are expected to ensure the privileged position of the North American market. Countries like the US and Canada are displaying an inclination towards this product, which can back the regional market rise.

Key Players

International Business Machines (IBM) Corporation (US), Hewlett Packard (US), Schneider Electric SE (France), Fortinet Inc. (US), Honeywell International Inc. (US), Robert Bosch GmbH (Germany), McAfee, Inc. (US), Dell Inc. (US), Cisco Systems, Inc. (US), Intel Corporation (US), Symantec Corporation (US), Juniper Networks, Inc. (US) Check Point Software Technologies Ltd. (Israel), Tyco International (Ireland), Siemens AG (Germany), Trend Micro, Inc. (Japan), and Citrix Systems, Inc. (US) are some of the impacting companies who delve deep into the market by implementing strategic mechanisms to profit more.

Industry News:

In August 2020, Switch Datacenters recently declared that they are planning to make security robots for data centers in 2021. The company will also use the same and sell it to enterprises, including data center companies. This new design will include a 250lb device with 360-degree cameras, number-plate recognition that would help in identifying cars in the facility car park, heat sensors to scan visitors' body temperature as a preventive measure for coronavirus symptoms, and continuous monitoring from aqSwitch facility. The company is planning to develop a robotic AI human-in-the-loop security solution as it would be better than human beings in such critical situations.

During the COVID-19 crisis, a lot of companies relied on cloud infrastructure to maintain a smooth workflow. This is generating data in massive amounts and it spurred the demand for data center security. Companies have started investing substantial amounts to boost the global need and capitalize on the opportunity that is expected to ensure better growth in the coming years.

About Market Research Future

Contact

Market Research Future

Phone: +1646 845 9312

Email: sales@marketresearchfuture.com

https://www.spoke.com/topics/connected-logistics-market-outlook-and-future-scope-analysis-and-forecast-till-2027-60793b8d2cd3fa3dbb004ae1

https://www.techsite.io/p/2119734

https://www.articletrunk.com/connected-logistics-market-outlook-and-future-scope-analysis-and-forecast-till-2027/

https://freepressreleasedb.com/pr/Connected-Logistics-Market-Outlook-and-Future-Scope-Analysis-and-Forecast-Till-2027-PR174825/

Data Centre Market Demand, Industry Size, Top Players, Opportunities, Sales, Revenue and Regional Forecast To 2027

Global Data Center Market, By Type (Corporate data centers, Web hosting data centers), Density (Low, Medium, High, Extreme), and Verticals (Banking & Financial Services, Telecom & IT, Government, Healthcare) – Forecast to 2027

Market Scenario

The upswing in data storage management is estimated to power the growth of the data center market 2020. The ICT industry reports are produced by Market Research Future, which highlights market options for expansion. A CAGR of 11% is expected to guide the market development in the forecast period.

Then influence of cloud technology is projected to motivate the expansion of the data centre industry in the coming period. The demand for data center from the corporate sector is especially projected to reshape the development of the data center market in eh forecast period.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/4721

Market Segments

The segmental insights into the data center market are segmented on the basis of density, type, region and vertical. On the basis of type, the data center market is divided into web hosting data centers and corporate data centers. On the basis of density, the data center market is segmented into medium, low, high, and extreme. The vertical-based segmentation of the data center market includes government, telecom and IT, banking & financial services, healthcare, and others. Based on the region, the data center market is segmented into North America, Europe, Asia Pacific, and Rest of the regions.

Detailed Regional Study

The regional scrutiny of the data center market covers regions such as North America, Europe, Asia Pacific, and Rest of the regions. The North American region is anticipated to be responsible for the principal share of the market, while the Asia Pacific region is expected to develop at the top rate for the duration of the forecast. As compared to the other regions, the Asia Pacific region is expected to observe a noteworthy expansion throughout the forecast period. The nations of India and China are likely to compel the development of the Asia Pacific regional data center market due to the speedy development in data and data intelligent devices. The North American regional market growth is accredited to mounting investments in data centers and rising importance of community cloud systems.

Key Players

The upgrades in production methods are estimated to transform the potential of the market in the forecast period. The balance in demand and supply in the market will prove as an encouraging growth factor in the forecast period. The market is expected to record a stable growth rate in the coming years. The market competitors are expected to play a key role in the development of the global market. The development of adequate sources of raw material is predicted to further transform the market in the upcoming period. The availability of strong government support and the presence of encouraging policies are expected to enliven the growth prospects in the approaching period. The incidence of options that can be favorably capitalized on are aiding the market players in improving their overall position in the market. The competition in the market is manageable which is inducing the entry of new players in the global market.

The top companies in the data center market are IBM Corporation (U.S), Hitachi Ltd (Japan), Hewlett-Packard Inc. (U.S), Cisco System, Inc. (U.S), Digital Realty Trust, Inc. (U.S), EMC Corporation(U.S), Global Switch (U.K), DuPont Fabros Technology(U.S), CyrusOne (U.S), and Telehouse (U.K).

Industry Updates:

Mar 2020 Aruba has made active a novel worldwide cloud data centre, situated at its technology site on the outskirts of Milan and Cogent is estimated to be the internet service provider. The novel data centre is assumed to offer augmented global accessibility and improved connectivity to customers. This network offers services to about 204 markets and links 6,840 additional networks. This operator increases the range of carriers accessible within the Global Cloud Data Center and provides customers access to a wider range of choices.

About Market Research Future

Contact

Market Research Future

Phone: +1646 845 9312

Email: sales@marketresearchfuture.com

https://www.spoke.com/topics/lte-for-critical-communication-market-outlook-strategies-industry-analysis-future-scope-key-drivers-and-forecast-to-2027-6079378f2cd3fa3dbb031f3b

https://www.techsite.io/p/2119660

https://www.articletrunk.com/lte-for-critical-communication-market-outlook-strategies-industry-analysis-future-scope-key-drivers-and-forecast-to-2027/

https://freepressreleasedb.com/pr/LTE-For-Critical-Communication-Market-Outlook-Strategies-Industry-Analysis-Future-Scope-Key-Drivers-and-Forecast-To-2027-PR174820/

LTE For Critical Communication Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers and Forecast To 2027

Global LTE for Critical Communication Market Information: By Component (Hardware, Software, Solution), Technology (Digital Mobile Radio, Terrestrial Trunked Radio (TETRA), P25), Application (IT & Telecommunication, Government, Utilities) - Forecast till 2027

Market Overview

Long-term evolution (LTE) is a wireless broadband technology able to provide internet services for latest smartphones and consumer electronic devices. Its improvement over various communication standards and wider spectrum range for operations has expanded its scope for critical applications. The global LTE for critical communication market analysis in its latest report by Market Research Future (MRFR) contains a 360 degree perspective on the ups and downs on LTE spectrum licenses, evolution of broadband, and various challenges and drivers for the period of 2020 to 2027 (forecast period). The COVID-19 impact and the disruptions in operations are explored in detail in the report.

Market Scope

The global LTE for critical communication market is expected to generate market revenue o USD 13 billion by 2027. It is estimated to showcase a CAGR of 17% during the forecast period.

The changing scenario of work and daily life globally and the integration of terrestrial trunked radio (TETRA) and LTE protocols in latest communication devices can drive market demand during the forecast period. The ability to communicate at a faster pace over wireless broadband networks for professionals working in fields of healthcare, oil & gas, and law enforcement can induce the demand for LTE. Development of LTE coverage sites for expanding the range of cellular communication can bode well for the market. The lack of development in rural areas can provide a plethora of opportunities for players looking to break into critical communication niche.

The demand for a private LTE network by various organizations for protecting their assets can also trigger the need in the global LTE for critical communication market. Companies are providing network infrastructure and technology to service providers in order to offer secure and resilient cellular activity to public safety agencies. The deployment of sensors, robots, drones, and augmented reality to enhance the communication experience and expand the scope for meeting various environment challenges can be estimated to impact the market growth.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/4720

Segmental Analysis

The global LTE for critical communication market is segmented on the basis of component, technology, end users, and region. The component segment is sub-segmented into hardware, software, and solutions. By technology, it is segmented into P25, terrestrial trunked radio (TETRA), digital mobile radio, LTE-Advanced, and others. Major end users of the market are oil & gas, IT & telecommunication, utilities, government & defense, aerospace, transportation, and others.

Regional Analysis

The regional analysis of LTE for critical communication market is being studied for regions such as Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW).

North America is one of the leading regions across the world in terms of market share owing to huge demand due to its future requirements for voice, status, text, location, picture, and video transmission for public safety. Adoption of latest communication protocols and procurement of latest consumer electronic devices can drive regional market demand.

The LTE for critical communication market in Europe region is expected to witness a rapid growth in the forthcoming period. Whereas, APAC countries such as China, Japan and India are an emerging market for the LTE for critical communication market and is expected to reflect the highest CAGR in the coming years. Enforcement of communication protocols such as LTE and 5G New Radio (NR) and establishment of new standards by the 3GPP for delivering a reliable public safety communications platform can lead to heavy investments by manufacturers.

Competitive Analysis

Ericsson, Softil Ltd., Sepura plc., Huawei Technologies Co. Ltd., Teltronic S.A., Qualcomm Technologies Inc., Rohill Technologies B.V., Nokia Corporation, Samsung Group, Motorola, Inc., and Telstra Corporation Ltd are key players of the global LTE for critical communication market. Partnerships between public and private firms are likely to be witnessed in the coming years. For instance, the New Zealand police department has been utilizing the 5G NR network of Vodafone for submitting real-time video feeds and sharing it with the command center.

About Market Research Future

Contact

Market Research Future

Phone: +1646 845 9312

Email: sales@marketresearchfuture.com

https://www.spoke.com/topics/data-centre-market-demand-industry-size-top-players-opportunities-sales-revenue-and-regional-forecast-to-2027-6079399a38531652d700473a

https://www.techsite.io/p/2119706

https://www.articletrunk.com/data-centre-market-demand-industry-size-top-players-opportunities-sales-revenue-and-regional-forecast-to-2027/

https://freepressreleasedb.com/pr/Data-Centre-Market-Demand-Industry-Size-Top-Players-Opportunities-Sales-Revenue-and-Regional-Forecast-To-2027-PR174822/

shweta's collections blog

Friday, April 16, 2021

Application Development Market Size, Share, Current Trends, Industry Demand, Regional Outlook and Forecast To 2027

Low Code Development Platform Market Growth Rate, Future Scope, Analysis, Business Development and CAGR To 2027

Deep Packet Inspection Market Growth Rate, Trends, Analysis, Future Scope, Size, Share, Forecast To 2027

Connected Logistics Market Outlook and Future Scope Analysis and Forecast Till 2027

Data Centre Security Market Business Revenue, Future Scope, Market Trends, Key Players and Forecast To 2027

Data Centre Market Demand, Industry Size, Top Players, Opportunities, Sales, Revenue and Regional Forecast To 2027

LTE For Critical Communication Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers and Forecast To 2027

The Unsung Hero: The Importance of Hydraulic PVC Clamps for Your Systems

Search This Blog