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Thursday, June 3, 2021

Software Defined Everything Market Business Overview, Challenges, Opportunities, Trends and Market Analysis By 2027

Global Software Defined Everything Market: By Technology (Software Defined Networking (SDN), Software Defined Storage (SDS) and the Software-Defined Data Center (SDDC)), By Services (Integration and Deployment Services, Managed Services and Consulting Services), By Deployment (On-Premise and Cloud), By Vertical (BFSI, Healthcare, Manufacturing, IT & Telecommunication, Retail and Others) - Forecast till 2027

Market Synopsis

As per the research by Market Research Future Reports (MRFR), the global market for software-defined everything market is likely to value USD 253.60 Billion, thriving at a CAGR of 31.62% during the review period from 2020 to 2027. The cost-effectiveness in managing hardware is one of the most important factors driving the global market for software-defined everything market 2020. Software-defined everything is likely to experience a robust expansion in the forthcoming period due to the sudden surge in the number of industry verticals such as IT and telecommunication, BFSI, retail, healthcare, manufacturing, and others. Besides, the low-cost maintenance, increasing cloud computing, and the IoT market has additionally propelled the market. SDN offers flexibility and control over the programs. However, lack of technical expertise, security threats can impede the market growth. SDN is a completely technology-driven procedure that demands high IT skills professionals. The lack of expertise can drastically affect the market. Besides, the shortage of enhanced cooling and power infrastructure demanded to support the equipment is a hurdle for the market during the forecast period. Moreover, the outbreak of COVID-19, the market has been analyzed again with new establishments. We will provide COVID-19 impact analysis with the report.

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Market Segmentation

The worldwide market for Software-defined everything market can be classified on the basis of service, deployment, technology, vertical, and region.

On the basis of service, the global market for Software-defined everything market can be classified into managed services, integration and deployment services, and consulting services.

On the basis of deployment, the global market for Software-defined everything market can be classified into cloud and on-premise.

On the basis of technology, the global market for Software-defined everything market can be classified into

software-defined storage (SDS), Software-defined networking (SDN) and Software-defined data center (SDDC).

On the basis of vertical, the global market for Software-defined everything market can be classified into BFSI, IT and telecommunication, retail, manufacturing, healthcare, and others

On the basis of region, the global market for Software-defined everything market can be classified into North America, Asia-Pacific, Europe, and Middle East & Africa and South America.

Regional Analysis

The geographical analysis of North America, Asia-Pacific, Europe, and the Middle East & Africa has been conducted. As per the analysis by Market Research Future Reports (MRFR), North America is estimated to acquire the largest market share during the forecast period. The US and Canada play a significant role in market expansion. Among all countries, the US plays the most significant role in regional market expansion. As per the analysis, the second position is attained by Europe. Europe acquired the second largest market share. Among all nations, the UK, Germany, Italy are the most significant participants in the market. The third position is attained by the Asia-pacific region; the region is experiencing a surge in the telecommunication sector, which augments the demand for Software-defined everything. Among all nations, China and India play a major role in expanding the regional market. On the other hand, the Middle East & Africa region is estimated to obtain substantial market growth during the forecast period.

The market statistics have changed due to the outbreak of COVID-19.

Key Players

The forefront players of the worldwide market for Software Defined everything market are Hewlett Packard Enterprise Co, Dell Technologies, VMware Inc., Nexenta Systems Inc., Extreme Network Riverbed Technology Inc., Metaswitch Networks Ltd, Silver Peak, Pivot3, Cisco Systems, Inc., Infoblox Inc., IBM Corporation, Western Digital Corp, Citrix Systems, Inc., Fujitsu Ltd, NEC Corporation, and few others.

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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.

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Diameter Signalling Market Growth Rate, Future Scope, Analysis, Business Development and CAGR To 2027

Global Diameter Signalling Market Research Report: by Type (Diameter Routing Agent [DRA], Diameter Edge Agent [DEA], Diameter Interworking Function [IWF] and others), Application (LTE Broadcast, Policy Management, Mobility and Voice over LTE [VoLTE]) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

Market Highlights

Global Diameter Signalling Market spans across North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is expected to be one of the largest markets owing to rising Internet penetration, advancements in 4G and 5G communication networks, and exponential growth of the smartphone market. For the purpose of analysis, the market in Asia-Pacific has been segmented into China, Japan, India, South Korea, and the rest of Asia-Pacific. During the forecast period, China is expected to be the leading country-level market, registering a CAGR of 43.0%, followed by Japan, India, South Korea, and the rest of Asia-Pacific. China has a well-established network infrastructure and a growing IoT market, which demands Diameter signalling for seamless Internet connectivity, thereby propelling the growth of the market. China is expected to be one of the leading countries across the globe for the commercialization of 5G networks by 2027, and the country has been dominating the mobile phone market with a growing number of unique mobile subscribers. Also, the growing number of LTE and VoLTE subscribers are expected to drive the Diameter signalling market in China during the forecast period. The Diameter signalling market in India is expected to register the highest CAGR of 50.2% during the forecast period owing to an increasing number of LTE connections, rising smartphone adoption, and focus on research, development, and the implementation of 5G technologies.

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The high adoption of mobile phones and Internet services in Europe has led to the growth of the Diameter signalling market, which is expected to register a CAGR of 49.4% during the forecast period. Government initiatives supporting the development and implementation of 5G technology having complex infrastructure requiring Diameter signalling are drivers expected to fuel market growth in the region. To facilitate analysis, the European market has been further divided into the UK, Germany, France, Italy, Spain, and the rest of Europe, with the rest of Europe dominating the Diameter signalling market in the region. Under the rest of Europe, the research report covers Poland, Russia, Denmark, and the Netherlands. These countries are registering an increased adoption of smartphones and LTE- and VoLTE-based services, which are driving the demand for Diameter signalling as it allows for easy, reliable, and quick operations. Also, the adoption of IoT and cloud platform is expected to have a positive impact on market growth.

North America is witnessing a steady growth in the global Diameter signalling market. For the purpose of analysis, North America has been segmented into three countries, the US, Canada, and Mexico, amongst which the US is the major revenue contributor to the market in the region.

Global Diameter Signalling Market is expected to reach USD 20,149.58 Million by 2027 and register a CAGR of over 44.81% during the forecast period 2020–2027.

Segmentation

The Global Diameter Signalling Market has been segmented by Type, Application, and Region. The market, by type, has been segmented into Diameter routing agent (DRA), Diameter edge agent (DEA), Diameter interworking function (IWF), and others. By application, the market has been segmented into LTE broadcast, policy, mobility, and voice over LTE (VoLTE), regional markets being North America, Europe, Asia-Pacific, and the rest of the world.

Prominent Players

Some of the Prominent Players in the Global Diameter Signalling Market are Oracle Corporation (US), Huawei Technologies Co. Ltd (China), Telefonaktiebolaget LM Ericsson (Sweden), Mitel Networks Corporation (Canada), Nokia (Finland), Sandvine Corporation (Canada), Ribbon Communications Operating Company, Inc. (US), F5 Networks, Inc. (US), Dialogic Corporation (US), Diametriq, LLC (US), and Squire Technologies Ltd (UK).

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https://www.techsite.io/p/2102273

Software Defined Networking (SDN) Market Key Drivers, Size, Share, Trends, Growth, Future Scope Analysis and Forecast To 2027

Software-Defined Networking (SDN) Market: By Organization Size (SMEs and Large Enterprise), By Component (Hardware Component, Services and Software), By Application (SD-WAN, SD-LAN, Security Applications and Others), By Solution (Physical Network Infrastructure Solution, Network Virtualization and Automation Solution) and By End-User (Retail, IT & Telecommunication, Healthcare, BFSI, Industrial, Government and others) - Global Forecast till 2027

Overview

The software-defined networking (SDN) market is anticipated to witness healthy growth from 2020 to 2027, a research report suggests. Growing at a CAGR of 42.41%, the market is projected to reach US$59 billion by 2027. Increase in investments in software-defined networking is expected to support the market growth along with network virtualization decreasing capital expenditure. As predicted by analysts, concerns regarding safety and security will negatively affect the market’s performance from 2020 to 2027. During the forecast period, the market will be supported by the growing urbanization and high demand across industry verticals. The growing threat from cyber-attacks on the other hand will challenge network management sector based organizations functioning in the global software-defined networking (SDN) market. Analysts have split the market into end-user, application, component, organization size, and solution segments based on products and services. Network management based companies have been profiled.

The increasing demand for highly skilled professionals is set to affect the global market during the forecast period 2020 to 2027. The report also provides the market’s performance forecasts till 2027. Analysts have studied the strategy of network management segment based organizations to help new entrants and established businesses. The network management sector itself is supported by increasing awareness levels as well as consumers aiming for more convenience. During the forecast period 2020 to 2027, the software-defined networking (SDN) market is set to witness a health growth across end-user, application, component, organization size, and solution segments as well as regional markets.

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Market Segmentation

The network management sector has seen growth across end-user, application, component, organization size, and solution segments owing to the presence of untapped market opportunities and the changing social behaviour. To study the market, analysts have further segmented end-user, application, component, organization size, and solution into SMEs and large enterprises on the basis of organization size. The market is further segmented into the component sub segment which is split into hardware components, services, and software. Additionally, the software-defined networking (SDN) market on the basis of application is segmented into SD-WAN, SD-LAN, security applications, and others. The market is further segmented into solution sub segment which is split into physical network infrastructure solution, network virtualization, and automation solution. Additionally, the software-defined networking (SDN) market on the basis of end-user is segmented into retail, IT & telecommunication, healthcare, BFSI, industrial, government, and others.

The segmental analysis presented in the report provides network management field based organizations insights into key growth factors such as the growing application areas as well as challenges such as the lack of investments from major companies the market will face from 2020 to 2027. Increasing adoption of IoT and the rapidly growing population are some of the key factors having an influence on network management industry based companies, suggest analysts as per the software-defined networking (SDN) market report. But the report also identifies the lack of awareness and dynamic policies and regulations as major threats companies in network management will face till 2027.

Regional Overview

Network management market based companies in the software-defined networking (SDN) market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. The growing application areas will be a key growth driver for regional markets. However, the lack of developed infrastructure will turn out to be a threat. For the forecast period 2018 to 2023 each of these regional markets are studied in the report. Starting from North America, the regional market and network management vertical based companies are spread across the United States, Canada, and Mexico. Demand and supply gaps will turn out to be a major challenge from 2018 to 2023. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by favorable government policies as well as technological advancements, suggests the report. Similarly, the network management sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the software-defined networking (SDN) market covers the Middle East and Africa. Forecast based on the report’s findings are presented for the forecast period till 2027.

Competitive Landscape

The global software-defined networking (SDN) market research report brings a comprehensive study of end-user, application, component, organization size, and solution market segments, regional analysis, and network management vertical based company details of key players. As the forecast period 2018 to 2023 will bring new opportunities for the market owing to the increasing preference of consumers and the growth of communication channels, the market is set to grow at a compound annual growth rate of 42.41% and is predicted to reach a value of US$59 billion by 2023. With SWOT analysis of network management sector based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as the lack of investments and the lack of demand from certain regional markets, companies in the network management sector can change the way business is done.

Industry News

Big Switch Networks Inc., an early player in the software-defined networking industry that earned more than $120 million from investors such as Khosla Ventures, has been acquired by Arista Networks Inc. The deal's terms were not revealed when Arista confirmed it on Thursday afternoon. Arista is a major leader in the enterprise networking industry, offering routers, Wi-Fi access points, and other associated hardware, as well as management tools. The startup's reporting capabilities have especially piqued Arista's interest. Big Switch offers a pair of software solutions that enable administrators to monitor their companies' networks from a single location and identify possible problems.

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Fitness App Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers Forecast to 2027

Global Fitness App Market Research Report: Information By Type (Workout and Exercise Apps, Disease Management, Lifestyle Management {Sleep Tracker and Period & Ovulation Tracking}, Nutrition & Diet, Medication Adherence and Others {Meditation and Brain Training Apps}), By Platform (Android, iOS and Windows), By Device Type (Smartphones, Tablets and Wearable Devices) - Forecast till 2027

Market Highlights

Global Fitness App Market spans across North America, Europe, Asia-Pacific, and the rest of the world. North America is dominating the global fitness app market owing to the growing demand for wearable devices such as smart bands, smartwatches, and smart rings, the increasing awareness regarding the health conciseness, and the rising penetration of smartphones. For the purpose of analysis, the market in North America has been segmented into the US, Canada, and Mexico. During the forecast period, the US is expected to be the leading country-level market, registering a CAGR of 27.56%, followed by Canada and Mexico. The growth in the US is attributed to the presence of key players providing fitness apps such as Fitbit (acquired by Google) and the increasing adoption of smartphone devices for activity tracking. The US is one of the largest smartphone markets in the world, having the highest percentage of smartphone penetration rate in 2017, which resulted in the growth of the fitness app market in the country. Canada has the second-largest market share and is the fastest growing country with a CAGR of 30.6% in the North American fitness app market during the forecast period. The wearables market in Canada has been increasing steadily due to the growing adoption of devices among people with fitness and health concerns. This has led to the rising adoption of fitness apps in the Canadian market during the forecast period.

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Asia-Pacific is the fastest-growing region in the fitness app market. The growing consumer demand for a healthier lifestyle and the continuously growing interest in maintaining a balanced diet and the demand for improved healthcare across Asian countries has made the country the fastest growing. Additionally, the increased personal per capita disposable income is driving the fitness app market growth in the region. To facilitate analysis, the Asia-Pacific market has been further divided into China, Japan, India, Singapore, Australia, South Korea, and the rest of Asia-Pacific. China is dominating the fitness app market in the region. This growth in the country can be attributed to the high penetration of mobile phones and the increasing use of connected health devices. According to the Global Wellness Summit 2018, among 802 billion mobile users, more than 104 billion users have downloaded at least one fitness app on their mobile phones. Such factors are contributing to the growth of the fitness app market in China. India is expected to with the highest CAGR in the Asia-Pacific fitness app market due to growing awareness regarding fitness and the rising government initiatives to improve the health of the population. The country also records a rising use of smartphone devices across all age groups and the growing adoption of wearable fitness devices, which is expected to fuel the growth of the fitness app market across the country.

Europe and the rest of the world are also witnessing considerable growth in the global fitness app market. The growth of the fitness app market in Europe can be attributed to the various government initiatives regarding health and wellness awareness, growing digitalization, and the high cost of fitness centers. For analysis, Europe has been segmented into the UK, Germany, France, Spain, Italy, and the rest of Europe, amongst which the UK is the major revenue contributor to the market in the region. The rest of the world comprises South America and Middle & Africa. The factors such as the increasing Internet connectivity and the rising investments by the major players are likely to drive the market growth in this region.

Global Fitness App Market is expected to reach USD 298.30 Billion by 2027 and register a CAGR of over 31.25% during the forecast period, 2020–2027.

Global Fitness App Market Segmentation

Global Fitness App Market has been classified based on Type, Platform, Device Type, and Region. The global market, by type, has been segmented into workout and exercise apps, disease management, lifestyle management (sleep tracker and period & ovulation tracking), nutrition & diet, medication adherence, and others (meditation and brain training apps). By platform, the global market has been divided into Android, iOS, and Windows. By device type, the global market has been segmented into smartphones, tablets, and wearable devices. Based on the region, the fitness app market is divided into North America, Europe, Asia-Pacific, and the rest of the world.

Prominent Players

Some of the Prominent Players operating in the Global Fitness App Market are Google LLC (US), Samsung Electronics Co., Ltd (South Korea), TomTom International BV (Netherlands), Lenovo Group Limited (China), Nike, Inc. (US), Adidas AG (Germany), Under Armour, Inc. (US), Wahoo Fitness (US), Azumio Inc. (US), Asics Corporation (Japan), and Grand Apps (US).

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Read More:

https://www.techsite.io/p/2102251

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

https://qntjuo.prnews.io/260823-Cloud-Video-Streaming-Market-Business-Revenue-Future-Scope-Market-Trends-Key-Players-And-Forecast-To-2027.html

Automatic Content Recognition (ACR) Market Research Report Demand, Industry Size, Top Players, Opportunities, Sales, Revenue and Regional Forecast To 2027

Automatic Content Recognition Market: By Solution (Audio, Video and Image Recognition, Voice, Real Time Content Analytics), By Service (Professional, Managed), End User (IT & Telecommunication, Healthcare) – Global Forecast till 2027

Market Overview

The capabilities of client applications are being developed significantly in the recent times, due to an increased need of end users to find relevant content online. As a result, automatic content recognition has emerged as an identification technology to recognize content present in a media file or played on media devices. The concept of ACR enables rapid collection of detailed information about the content without any text-based input or search efforts. Thus, helping users deal with multimedia more effectively while making applications more intelligent. The market is anticipated to develop at a CAGR of 27 percent while achieving USD 4,507 million in revenue through the forecast period.

Rapid advances in automation and artificial intelligence have created a substantial impact on the automatic content recognition market. The market for automatic content recognition is motivated by a few main factors such as its improved application in smart TVs, wearables, mobile screens, as well as by entertainment and media companies for broadcast monitoring and audience measurement. Moreover, the increased use of technologies such as fingerprinting or watermarking is backing the market’s growth. The smart TV manufacturers are also using ACR technology to can create adapted watching experiences by providing audiences with content recommendations based on the viewer’s history, this feature is expected to expand the market share significantly over the forecast period.

Moreover, automatic content recognition also offers several benefits such as second screen synchronization, content verification, and content identification which are instrumental for escalating the demand in the market in the forecast period. With second screen synchronization, can gain more information and targeted advertising while allowing them to enhance their television viewing with the help of ACR. As automatic content recognition aids in recognizing the content based on sound or images without additional research by users, the market is responding positively to these changes. However, the automatic content recognition market is still considered to be in the nascent stage of expansion. The rapidly growing adoption rates of this technology through several industry verticals is irrefutably creating a plethora of prospects for developers and vendors to develop applications to their maximum potential, thus increasing the potential for development of the market.

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Segmental Analysis

The automatic content recognition market globally is segmented into end-user application, technology, and region. By Technology, the market is segmented into speech recognition, passive fingerprinting, and digital watermarks. The speech recognition segment is dominating the automatic content recognition market in this segment and is also projected to develop at the highest rate during the forecast period. By end-use application, the market is segmented into advertising, industrial, consumer electronics, media & entertainment, gaming, education, broadcasting industry, and others. The media, advertising, & entertainment segment is controlling the market as reported in 2017 and is also anticipated to develop at the highest rate during the forecast period. By region, the market is segmented into regions such as North America, Europe, Asia-Pacific, and the Rest of the World.

Detailed Regional Analysis

The regional analysis of the market consists of regions such as North America, Europe, Asia Pacific, and the Rest of the World. The North American region is leading the automatic content recognition market trailed by the European, and Asia Pacific region. The North American region is presently controlling the market for automatic content recognition. The primary growth in automatic content recognition market in the North American region is accredited to developments in technology and growing adoption of cloud technology and the Internet of Things in the region. The US is the principal country in automatic content recognition market in the region and has produced a revenue worth USD 248.1 million in 2027.

Competitive Analysis

The automatic content recognition market globally is defined by the incidence of many regional, global, and local vendors. The market is extremely competitive with all the players contending to capture market share. Advances in technology, intense competition, and changes in government policies are important factors that are motivating the market’s growth. The vendors compete based on quality, cost, reliability, and aftermarket service. Digimarc Corporation (US), Arcsoft, Inc. (US), Microsoft Corporation (US), Beatgrid Media B.V. (The Netherlands), Audible Magic Corporation (US), Clarifai Inc. (US), Enswers, Inc. (South Korea), ACR Cloud (US) and Shazam Entertainment Ltd. (US).

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https://www.spoke.com/topics/server-virtualization-market-growth-rate-trends-analysis-future-scope-size-share-forecast-to-2027-607009d52433fa61fe002328

Managed DNS Services Market Report - Forecast to 2027

Market Research Future (MRFR) anticipates that the global managed DNS service market 2020 can likely progress at a robust pace of 11.3% from 2020 to 2027 (evaluation period). It is also presumed that the market could reach a valuation of USD 190.2 Million by 2027, maintaining its growth rate owing to favourable factors.

Top Boosters and Main Barriers

Managed DNS services provide web-based control panels as well as software, helping users to manage DNS traffic through certain server protocols including SMTP authentication, Geo DNS and IP address. The surge in technological advancements has led to several developments and innovations in the DNS environment. These advancements have also propagated new application areas for DNS service management like institutes, web service providers and industries.

The managed DNS service market benefit largely from the positive changes in the converged cloud infrastructure and the cheaper priced deployment of cloud infrastructure. Massive investments by various e-commerce industries can be some of the managed DNS services market trends that can lead to better business prospects. Also, rapid industrial expansion and the emergence of advanced managed DNS services in developing nations can be attractive opportunities in the market during the evaluation period.

The boost in the number of distributed denials of service or DDoS attacks and the mounting need to curb them are some of the prime growth boosters in the managed DNS service market. An additional aspect boosting the uptake of managed DNS services among enterprises is their affordability. Leading providers in the market offer low priced managed DNS services, resulting in higher demand in small and mid-sized enterprises who are striving to manage their DNS at no additional cost

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Market Segmentation

The managed DNS service industry has been extensively studied in the report, taking in account the primary segments of service type, organization size and end-user.

Depending on the service type, the managed DNS service market can be considered for DDos protected DNS, GeoDNS and premium/advance DNS. DDoS protected DNS can be the fastest-advancing segment, with the rising demand in mid-sized as well as large enterprises. Given the rising number of DDoS attacks, more and more enterprises are opting for advanced managed DNS services.

With respect to the organization size, the market segments are large enterprises as well as small & medium enterprises. These services have gained the favor of small & medium-sized enterprises in recent years, owing to their cost-effectiveness coupled with comprehensiveness, among other things.

The main end-users that have been highlighted in the report are education, E-commerce, retail and consumer goods, healthcare, media & entertainment, government, banking, financial services and insurance (BFSI), and others. All these end-users are increasingly using managed DNS services for efficiently managing DNS, preventing the need for extra investment.

Regional Insight

The primary markets for managed DNS service are Asia Pacific (APAC), the Middle East & Africa, South America, Europe, and North America.

With the widespread uptake of the latest technologies combined with the heavy funds being invested in server solutions; the North American market is all set to maintain its winning streak throughout the appraisal period. The region is the leading market, with a major growth inducer identified to be the huge number of celebrated managed DNS service firms with a large base of local and international clients. Some of the most renowned companies in the region are Neustar, Inc., Cloudflare Inc., Amazon Web Services, Inc., and Google Inc., to mention a few.

In the APAC market, the fast developing countries like India, Japan, and China are at the vanguard, on account of the rising industrialization and the rapid economic growth. These factors have led to more demand for managed DNS services among enterprises in the region.

In 2018, Europe had been identified as the second-leading market for managed DNS services, spearheaded by Germany, France and the UK. MRFR expects the UK to be the biggest shareholder in the regional market, followed by France, and Germany. The mounting number of small-and medium enterprises and the rising demand for managed DNS services among them seems to be an instrumental aspect of the market growth. These services are finding extensive use in a number of industries in the region, namely retail, BFSI and IT and telecommunication, and more.

Top Players

Netlify, Inc., Namecheap.com, Microtech USA, LLC, Oracle Corporation (Dyn), ClouDNS, Neustar, Inc., Akamai Technologies, Cloudflare, Inc., VeriSign, Inc., Google Inc., No-IP.com, Amazon Web Services Inc., Rackspace US, Contegix, EasyDNS Technologies Inc., CDNetworks Inc., ThousandEyes, Inc., to name some of the top players in the managed DNS service market.

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https://www.techsite.io/p/2102240

Wednesday, June 2, 2021

Video Content Analytics Market 2027 Leading Growth Drivers, COVID – 19 Outbreak, Emerging Audience, Segments, Industry Sales, Profits and Regional Analysis

Global Video Content Analytics Market Research Report: Information By Type (Solution and Service), Deployment (On-Premise and On-Cloud), Architecture (Server-Based and Edge-Based), Application (Incident Detection, Intrusion Management, Automatic Number Plate Recognition (ANPR), Facial Recognition, Traffic Monitoring, Crowd Management and others), Vertical (BFSI, Retail, Healthcare, Transportation and Logistics, Government, Manufacturing, Hospitality and Entertainment and others) - Forecast till 2027

Market Overview:

The transformation of the video surveillance industry form traditional systems to advanced and smarter camera systems has led to the development in the field of video content analytics technology. Market Research Future (MRFR) has published a report asserting that the global video content analytics market is registered to expand at a strong CAGR of 24.25% during the forecast period of 2020-2027.

Market Drivers and Restraints:

Increasing application of video content analytics (VCA) in video surveillance systems to ensure public safety, improvement in business intelligence, and others is one of the major factors driving the growth of the global video content analytics market. The capability of automatically analyzing videos for detection and determination of various factors has led to the increased application of video content analytics technique in various industrial sectors such as automotive, healthcare, transport, home automation, safety and security and others, resulting in the significant expansion of the global video content analytics market.

incorporation of various software such as recognition and detection software with video content analytics technology has improved the functioning of video surveillance systems, leading to the growth of the global video content analytics market. Increasing use of video content analytics technology for security purposes as it facilitates motion detection, intrusion detection, facial recognition and others is impacting positively on the growth of the global video content analytics market.

The vital use of video content analytics technology in traffic management and other government services are some of the major factors that are driving the global video content analytics market towards higher verticals. However, obsolescence of technology and low penetration of advanced technology in underdeveloped regions are likely to hinder the growth of the global video content analytics market during the forecast period.

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Market Segmentation:

The global video content analytics market has been segmented on the basis of software, architecture and application. Based on software, the video content analytics market is segmented into detection, recognition, license plate recognition and others. Based on architecture, the video content analytics market is segmented into server and edge. Based on application, the video content analytics market is segmented into government, commercial and transport and logistics.

Regional Analysis:

Geographically, the global video content analytics market is segmented into North America, Europe, Asia Pacific (APAC) and the rest of the world (ROW). The North America region accounts for the maximum share in the global video content analytics market owing to the rise in demand for advanced surveillance system as a result of increased security threats and crime rate in this region.

The video content analytics market in the Asia Pacific region is growing significantly due to the increasing incorporation of video content analytics technology in various government operations and traffic management systems. The recent technological developments have led to the incorporation of video content analytics technology with artificial intelligence, which in turn is fueling the growth of video content analytics market in the Europe region.

Industry Updates:

In August 2018, Nielsen Company's Gracenote has announced the launch of a new mobile video analytics solution. This solution is aiming towards offering in-depth insights into the impact of mobile streaming video performance on subscriber engagement and retention.

Key Player:

The prominent players of the global video content analytics market that are profiled in the report by MRFR are ADT security (the U.S.), Avigilon corporation (the U.S,), Cisco (the U.S.), HikVision Digital (China), Mobotix (Germany), Verint Systems (the U.S.), Allgo Vision (India), Bosch security system (Germany), and VCA Technology (the U.K.) among others.

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