Tuesday, July 20, 2021

Personal Cloud Storage Market Analysis and Demand with Forecast To 2027

 Overview

The Global Personal Cloud Storage Market is expected to register a CAGR of 35.6% during the review period, 2020–2027.

Personal cloud storage (PCS) is local network-attached storage (NAS) device that lets users store data, photos, music, videos, and other files; it is also optimized for media streaming. The personal cloud storage devices are a way for home users to experience the advantages of high-capacity, cloud-based storage without losing control of their data. Users can access content on their PC devices from multiple computers using a web browser, while mobile apps provide access from iOS and Android mobile devices. Files can be shared without using a public cloud service.

The Global Personal Cloud Storage Market is dominated by a few major players, however, new players are expected to enter the market due to new revenue opportunities in regions such as Asia-Pacific, the Middle East and Africa, and South America. The entry of new players is expected to increase the competition in the market.

The personal cloud storage market is driven by the increase in demand for cost-efficient storage, data sharing, ease in data access, use of portable devices, and safety against data loss. Cloud market services provide improved accessibility, sharing users’ data, and increased security features and storage facilities, leading to improved user experience and ease of access. The market has also benefited from the upsurge of broadband connections and smartphones. It is expected that these services shall be in demand among business customers and individuals owing to the need for data storage platforms, leading to the enhanced adoption of cloud solutions and services. However, delivering safe data storage is one of the challenges faced by cloud service providers whereas, lack of consumer awareness, security concerns, and low funding are expected to hinder the growth over the upcoming years.

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Competitive Analysis

Some of the Key Players in the market are Amazon, Apple, Google, Seagate, Box, Microsoft, Dropbox, Engyte, Buffalo Technology, Sygarsync., Lima Technology, Gemalto, MEGA Ltd., D-Link Corporation, ElephantDrive, Mozy Inc., POLKAST LLC, and Dell among others.

Segmental Analysis

The Global Personal Cloud Storage Market has been segmented based on revenue Type, User Type, Hosting Type, and Region.

By Revenue Type, the market has been segmented into direct revenue and indirect revenue.

By User Type, the market has been divided into individual, small business and medium business. The individual user segment is expected to dominate the market over the forecast period.

By hosting type, the market has been divided into providers hosting and users hosting. The demand for user-hosted cloud storage is expected to be high due to the easy availability and cost-effectiveness of cloud solutions from service providers. However, the provider-hosted segment is expected to dominate the industry over the forecast period.

The regions included in the study are North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. North America dominates the personal cloud storage market owing to the advent of new technologies and increased awareness among the consumers in the region. Asia-Pacific is estimated to grow rapidly with the highest CAGR and is expected to contribute immensely to the market revenue.

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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Telecom Service Assurance Market Key Findings, COVID – 19 Outbreak, Regional Study, Industry Trends, Key Players Profiles and Future Prospects

 Telecom Service Assurance Market Overview:

Global Telecom Service Assurance Market is expected to reach USD 9.32 Billion by 2027, registering a CAGR of 9.3% during the forecast period 2020–2027. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the coming years.

An increase in the number of cellular/mobile subscribers and the growing need of operators to automate network operations due to high customer churn rate are factors driving the global Telecom Service Assurance Market. Telecom service assurance helps telecommunication companies to enhance the quality of services offered by various telecom operators. It is a key competitive differentiator for telecommunication operators globally. All the key services offered by the telecom providers must be strong on service performance management and operations practices. Telecommunication service providers are offering several innovative services apart from traditional data and voice services in order to remain competitive in the telecommunication market; these services include over the top service (OTT) and digital payment services. With such intense competition, CSPs are now extensively focusing on product quality, since customers are expected to be loyal to a brand only until the services offered by the provider are satisfactory.  In order to do so, CSPs have to ensure efficient service support and service delivery management. Telecom service assurance is a holistic solution that helps in efficiently managing and keeping up with the quality of services. Telecom service assurance includes a number of tools for fault and event management, performance management, quality of service management, network traffic management, network and service testing, and customer experience management, among others. All these solutions help the telecom operator to effectively enhance the quality of services offered to the customers.

The adoption of telecom service assurances is specifically increasing in developing economies where the competition in the telecommunication industry is growing. Also, with the entry of various telecom service assurance providers in the market, enterprises have various vendors to evaluate before selecting the solution vendor, which in turn is creating competition in the market. Also, with the introduction of more affordable and technologically advanced solutions, the popularity of the telecom service assurances is increasing. All these developments in the market are driving the market forward.

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Competitive Analysis:

The Prominent Players operating in the Telecom Service Assurance Market are Huawei Technologies Co., Ltd (China), Hewlett Packard Enterprise Development LP (US), Accenture (Ireland), Comarch SA (Poland), IBM (US), VMware (US), TEOCO Corporation (US), Nokia (Finland), NETSCOUT Systems, Inc. (US), Anritsu (Japan), Centina Systems (US), Enghouse Networks (US), Infovista (US), NEC Corporation (Japan), and MYCOM OSI (US).

Segmental Analysis:

The Global Telecom Service Assurance Market has been segmented on the basis of Component, Deployment Type, Operator Type, and Region.

  • Based on the component, the telecom service assurance market has been segmented into product and services.  The product segment accounted for the higher market share in 2018 and is expected to account for the larger share during the forecast period as well. With the growing demand for products from both mobile as well as fixed operators, the need for various telecom service assurance products is increasing. The services segment is expected to record a higher CAGR during the forecast period. Between professional and managed services, the managed services segment is expected to register the higher CAGR during the forecast period.
  • Based on deployment, the telecom service assurance market has been segmented into on-premise and cloud. The cloud segment is expected to register the higher CAGR during the forecast period. Telecommunication companies are rapidly adopting cloud-based services and solutions as these offer several benefits, including scalability, flexibility, and ease of operation, to telecom operators..
  • Based on operator type, the telecom service assurance market has been segmented into mobile operator and fixed operator. The mobile operator segment expected to exhibit the highest CAGR during the forecast period, 2019–2025

Regional Analysis:

The regional analysis for the global telecom service assurance has been done for North America, Europe, Asia-Pacific (APAC), and the Middle East & Africa, and South America.

The market in North America accounted for the largest market share in 2018, and it is expected to register high growth during the forecast period. The key driving factors for the growth of the telecom service assurance market in the region include the growing demand for such solutions among various communication service providers in the US, Canada, and Mexico.

The market in Asia-Pacific is expected to record the highest CAGR during the forecast period. For the purpose of analysis, Asia-Pacific has been categorized as China, Japan, India, and the rest of Asia-Pacific. This growth can be attributed to the growing number of companies in the region and their need for efficient management of queues.

Table of Contents

  1. Executive Summary

1.1. Market Attractiveness Analysis

1.1.1. Global Telecom Service Assurance Market, By Component

1.1.2. Global Telecom Service Assurance Market, By Deployment Type

1.1.3. Global Telecom Service Assurance Market, By Operator Type

1.1.4. Global Telecom Service Assurance Market, By Region

  1. Market Introduction

2.1. Definition

2.2. Scope Of The Study

2.3. Market Structure

2.4. Macro Factor Indicator Analysis

Continued…

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5G IoT Market Research Report Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers and Forecast To 2027

 Market Overview

The global 5G IoT market is not just growing but proliferating rapidly. Market growth attributes to the rising demand for Internet connectivity with high reliability. Besides, the growing use of Internet-connected devices and government initiatives for smart cities drive the market demand. Moreover, the continually rising demand for connectivity with low latency and higher download & upload speeds over the mobile network escalate market growth. 

According to Market Research Future (MRFR), the global 5G IoT market is projected to garner a valuation of approximately USD 7.9 BN by 2027 at a massive CAGR of 53% throughout the assessment period (2020 – 2027). The rising adoption of cloud-based services and demand for expanded access to 5G IoT ultra wideband service performance is growing rapidly. 

Due to the recent coronavirus outbreak, the global telecom industry reportedly has faced major delays in the launch of fifth-generation mobile services. Additionally, the regulatory timelines lag and delayed issuance of spectrum and auctions have increased the market demand exponentially. Furthermore, lockdowns and movement restrictions have affected the business operations of equipment manufacturers leading to a shortage of components.

Most countries have postponed their expenditure plans for later, which, in turn, affect the consumers and business organizations, presenting limited/unavailability of network service challenges. Additionally, the high cost associated with the implementation of the 5G infrastructure acts as a major headwind for the growth of the market. 

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Segmental Analysis

The report is segmented into five dynamics; 

By Service: Enhanced Mobile Broadband (eMBB), Ultra-Reliable Low Latency Communications (URLLC), and Massive Machine-Type Communications (mMTC).

By Technology: 5G New Radio (NR) Standalone Architecture and 5G New Radio (NR) Non-Standalone Architecture. 

By TypeShort-Range IoT Devices and Wide-Range IoT Devices. 

By Vertical: Consumer Electronics, Automotive, Railway, Mining, Utilities, Healthcare, Agriculture, Manufacturing, and others.

By Regions                          :  Europe, Americas, APAC, and Rest of the World.

Regional Analysis

North America dominates the global 5G IoT technology market. The largest market share attributes to the increase in the demand for 5G IoT services across industry verticals in this region. Besides, the rising demand for Internet connectivity with high reliability and the rapid adoption of Internet-connected devices drive the regional market's growth. Moreover, the presence of key technology providers, such as AT&T (US), T-Mobile USA, Verizon (US), and others, contributes to the regional market growth.

Substantial R&D investments by key players to advance 5G technology, spectrum licenses, and essential infrastructure for network connectivity in the region further propel the market growth. The US, followed by Canada and Mexico, hold considerable shares in the regional market. Also, various telecom companies in the region and the rising uptake of the latest technologies, such as IoT, substantiate market growth.

Europe stands second in the global 5G IoT technology market. Market growth is driven by the increasing adoption of IoT technologies in the manufacturing sector. Additionally, rapid developments in the automotive sector, such as trials being conducted for driverless vehicles, boost the market demand. Rigorous R & D activities in the region and ongoing customer trials in countries such as the UK, Germany, and France positively contribute to market growth.

The Asia Pacific region is a promising market for 5G IoT services. Factors such as the increasing focus on improving connectivity and high R&D investment in the region influence market growth. Furthermore, technical expertise, strong presence of key players, and increased industrialization foster the growth of the market. Moreover, the rising demand for 5G IoT services in emerging countries such as South Korea and Japan propels the growth of the regional market.

Key Players

Highly competitive, the global 5G IoT technology market appears fragmented due to the presence of several major technology providers. To gain a substantially larger market share, 5G IoT technology providers adopt strategies such as mergers & acquisitions, collaboration, expansion, and product & technology launch. Technology providers make substantial investments in transforming the consumer and business landscape in the future. 

Major Players: 

Players leading the global 5G IoT market include Nokia (Finland), Telefonaktiebolaget LM Ericsson (Sweden), Huawei Technologies Co., Ltd. (China), T-Mobile USA, INC (US), AT&T (US), Verizon (US), Telefónica S.A (Spain), Vodafone Limited (UK), BT (UK), Telstra Group (Australia), Sierra Wireless (Canada), Etisalat (UAE), Qualcomm Technologies, Inc. (US), Bell Canada (Canada), Singtel (Singapore), and Rogers Communications Inc. (Canada), among others.

Industry/ Innovation/ Related News

November 14, 2020 ---- Oman ministry of finance (MoF) announced its partnership with Swedish telecommunications company Ericsson to develop the 5G IoT Center. MoF, in partnership with Ericsson, would open a center of excellence (CoE) to explore the full potential of telecoms technologies and facilitate 5G and IoT in the country. The MoF also signed a cooperation program with the Ministry of Higher Education, Research and Innovation, and operator Omantel to establish the CoE to diversify its economy.

Ericsson would give technical support and conduct training & mentoring programs for telecom community members, university students, and researchers & innovators. It would also support the research project developments with5G and IoT applications, keeping pace with global developments in telecommunications technology and IoT.

Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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Block chain AI Market Business Trends, Emerging Technologies, Global Segments, COVID – 19 Impact Analysis, Regional Study and Industry Profit Growth

 Block chain AI Market Overview:

Global Block chain AI Market projected that the market can develop at an attractive CAGR rate over the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse into the coming years

Global Block chain AI Market has been segmented based on Technology, Component, Applications, Deployment Mode, Organization Size, Vertical, and Region


Competitive Analysis:

The Key Players of the Block chain AI Market are Figure Technologies (US), Cyware Labs (US), Core Scientific (US), NetObjex (US), Fetch.ai (UK), Ai-Block chain (US), AlphaNetworks (US), Bext360 (US), Blackbird.AI (US), BurstIQ (US), Chainhaus (US), CoinGenius (US), Computable (US), Finalze (US), Gainfy (US), Hannah Systems (US), LiveEdu (UK), Mobs (US), Neurochain Tech (France), Numerai (US), SingularityNET (The Netherlands), Stowk (US), Synapse AI (US), Talla (US), Verisart (US), VIA (US), Vytalyx (US), Wealthblock.AI (US), and Workdone (US).

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Regional Analysis:

The regional analysis for the global Block chain AI 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 Block chain-AI technology among the various verticals.

Segments:

  • Based on Technology, the Block chain AI market has been segmented into machine learning, natural language processing, context-aware computing, and computer vision. The machine learning segment accounted for the largest market share and is expected to hold the highest CAGR during the forecast period. The machine learning segment extracts meaningful insights from raw data to solve complex, data-rich business problems quickly. Additionally, it helps improve the efficiency of logistics and transportation networks.
  • Based on component, the Block chain AI market has been segmented into platform/tools and services. The service segment held the larger market share of the global Block chain AI market and is also expected to witness a higher CAGR during the forecast period. The service segment is further divided into consulting, system integration and deployment, and support and maintenance. It deploys, executes, and maintains the Block chain AI platform in an organization.
  • Based on applications, the Block chain AI market has been segmented into smart contracts, payment and settlement, data security, data sharing/communication, asset tracking and management, logistics and supply chain management, business process optimization, and other. The data security segment is expected to dominate the market over the forecast period as it offers enhanced operational efficiency and ensures a more secure environment. The data security segment enhanced security and quick and transparent operations.
  • Based on deployment mode, the Block chain AI market has been segmented into cloud and on-premises. The cloud segment is expected to register the largest market share during the forecast period as it assists in secure data storage and offers remote access to any work-related data.
  • Based on organization size, the Block chain AI market has been segmented into large enterprises and SMEs. The SMEs segment is projected to register a faster growth rate over the forecast period. SMEs are adopting solutions powered by Block chain and AI as they allow businesses to access high-quality data and insights at a low cost.
  • Based on vertical, the Block chain AI market has been segmented into BFSI, telecom and IT, healthcare and life science, manufacturing, media and entertainment, automotive, and others. The BFSI vertical segment is expected to witness the highest CAGR during the forecast period. Financial service providers are using Block chain-AI technology, which helps secure transactions for customers.

Table of Contents

Executive Summary

1.1. Market Attractiveness Analysis

1.1.1. Global Block chain AI Market, By Technology

1.1.2. Global Block chain AI Market, By Component

1.1.3. Global Block chain AI Market, By Application

1.1.4. Global Block chain AI Market, By Deployment Mode

1.1.5. Global Block chain AI Market, By Organization Size

1.1.6. Global Block chain AI Market, By Vertical

1.1.7. Global Block chain AI Market, By Region

Market Introduction

2.1. Definition

2.2. Scope of The Study

2.3. Market Structure

Continued…..

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About Market Research Future:

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. 

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Monday, July 19, 2021

Personal and Entry Level Storage (PELS) Market Scenario, Leading Players, Segments Analysis and Growth by Forecast to 2027

 Personal and Entry Level Storage Market Synopsis:

The augmentation of the internet has spurred the development of storage devices, and this factor is estimated to push the personal and entry level storage market 2020. The semiconductors and electronics industry reports are created by Market Research Future, which centers on market choices for expansion. A CAGR of 25.5% is projected to motivate the earning of the market to USD 94.63 billion by 2027.

The advances in technology such as 5G and IPV6 are stimulating the internet proliferation, and this is expected to motivate the personal and entry level storage market. Moreover, the escalating volume of digital data is projected to spur the Personal and Entry Level Storage Market in the forecast period.

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Major Key Players:

Key players profiled in the global personal and entry level storage market report include Symantec Corporation (US), Seagate Technology (US), Western Digital Corporation (US), Cisco Systems, Inc. (US), Scality, Inc. (US), Simplivity Corp. (US), Tintri, Inc. (US), Nutanix, Inc. (US), Pure Storage, Inc. (US), Toshiba Corporation (Japan), IBM Corporation (US), Hitachi Ltd. (Japan), NetApp, Inc. (US) , Hewlett Packard Enterprise (HPE) Company (US) , and Dell Inc. (US). 

Segmental Analysis:

The segmentation of the personal and entry level storage market has been conducted on the basis of the storage system, product, vertical, technology, and region. On the basis of product, the personal and entry level storage market has been segmented into non-cloud storage and cloud-based storage. On the basis of vertical, the personal and entry level storage market has been segmented into consumer goods & retail, banking, financial services & insurance, business & consulting, IT & telecommunications, media & entertainment, utilities, government & defense, education and research, healthcare & life science, manufacturing, and others. On the basis of the storage system, the personal and entry level storage market has been segmented into cloud storage, direct-attached, unified storage, network-attached storage (NAS), and software-defined storage (SDS). Based on the technology, the personal and entry level storage market is segmented into magnetic storage and solid-state storage. By region, the personal and entry level storage market has been segmented into North America, Europe, Asia-Pacific, and the rest of the regions.

Regional Analysis:

A geographical analysis of the global personal and entry level data storage market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.

The North American market has been segmented into the US, Canada, and Mexico. The regional market is expected to account for the largest share in the global PELS market during the forecast period. The growth of the market in North America can be credited to the presence of a large number of PELS providers in the region. The US is the leading country-level market while Mexico market is projected to be the fastest-growing during the forecast period. The US is a mature market, however, it faces the challenge of increasing their overall carbon footprint due to the lack of ecofriendly (green) storage solutions.

Europe is expected to be the second-largest market in terms of market size; it has been divided into the UK, Germany, France, and the rest of Europe. High internet reach in the region is resulting in huge volumes of digital data generation which is driving market growth in Europe. The UK is the leading country-level market and the market in France is expected to register the highest growth rate during the forecast period.

The market in Asia-Pacific is expected to be the fastest-growing during the review period of 2020 to 2027. The regional market has been classified into China, Japan, India, and the rest of Asia-Pacific. The countries in the region such as Japan, China, Singapore, India, and South Korea are expected to adopt PELS rapidly during the forecast period.

Growing internet penetration, high volume of digital data, and affordable cost of the PELS devices are expected to boost the demand of PELS in the rest of the world regional segment. The regional market has been segmented into South America and the Middle East & Africa. These regions are expected to offer numerous opportunities to vendors as the majority of the countries are yet to adopt PELS.

Table of Contents

1 Executive Summary

1.1 Market Attractiveness Analysis

1.1.1 Global Personal & Entry Level Storage Market, By Product

1.1.2 Global Personal & Entry Level Storage Market, By Storage System

1.1.3 Global Personal & Entry Level Storage Market, By Technology

1.1.4 Global Personal & Entry Level Storage Market, By Vertical

1.1.5 Personal & Entry Level Storage Market, By Region

Continued…

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Global Procurement Analytics Market Trends, Size, Strategy, Applications Analysis and Growth by Forecast to 2027

 Procurement Analytics Market Synopsis:

The global procurement analytics market to demonstrate a compound annual growth rate (CAGR) of 21.4% between 2020 and 2027 reports Market Research Future (MRFR). The market is expected to surpass a valuation of USD 7 Bn by the end of the assessment period. Digital innovation and incessant advances in cloud infrastructure has led to a rise in uptake of data-driven technologies. This has created tremendous application opportunities for analytics. Enterprises are increasingly inclining towards analytics to reduce capital investment and cutdown operation expenditure. Such factors are favouring the growth of the global procurement analytics.

A lot can be leveraged from procurement analytics either its conducting quantitative analysis of deriving actionable insights. Such analytical solutions allow to reach accurate conclusions for datasets. They provide holistic information using robust predictive analytical algorithms. The cut-throat competition in the market, makes such solutions extremely important for businesses. The insights obtained from such Procurement Analytics Market helps enterprises in making informed-decisions and forecast future trends. Enterprises are also applying analytics in procurement processes to attain better visibility and check overspending.

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Competitive Outlook:

Tamr, Rosslyn Data Technologies, Zycus Inc., BirchStreet, Oracle Corporation (ORCL), Simfoni, SAP SE, SAS Institute Inc., Tungsten Corporation plc, Genpact, Proactis, Dataction, BRIDGEi2i Analytics, Sievo, and IBM Corporation are prominent names in the global procurement analytics market.

Procurement Analytics Market Competition Analysis:

SAP SE (Germany), Tamr (US), SAS Institute Inc., (US), Sievo (Finland), Tungsten Corporation plc (UK), Simfoni (US), Oracle Corporation (US), Proactis (UK), BRIDGEi2i Analytics (India), IBM Corporation. (US), Rosslyn Data Technologies (UK), Zycus Inc. (US), Dataction (India), Genpact (UK) and BirchStreet (US) are some of top-notch companies operating in the global market for procurement analytics.

Segmentation:

The global procurement analytics market has been segmented based on component, deployment mode, organization size, and industry vertical.

  • By component, the global procurement analytics market has been divided into solutions and services. The solutions segment has been sub-segmented into contract management, spend analytics, invoicing analytics, sourcing, vendor management, category management, and others. Furthermore, the services segment has been further divided into professional services and managed services.
  • Based on deployment mode, the global procurement analytics market has been bifurcated into on-premise and cloud.
  • Based on organization size, the global procurement analytics market has been divided into small and medium-sized enterprises (SMEs) and large enterprises.
  • On the basis of industry vertical, the global procurement analytics market has been segmented into healthcare and life sciences, retail and e-commerce, telecom and IT, energy and utilities, banking, financial services and insurance (BFSI), and others.

Regional Analysis:

Geographically, the global procurement analytics market has been categorized into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America.

North America led the procurement analytics market in 2018, however, Asia-Pacific is expected to be the fastest growing market over the assessment period. Europe is estimated to attain the second spot in the procurement analytics market in terms of market share during the assessment period.

North America is expected to dominate the global procurement analytics market during the forecast period. The market growth can be attributed to the early adoption of analytics in the procurement process by enterprises and the presence of market giants such as SAS Institute, Inc., IBM Corporation, and Oracle Corporation. The need for handling compliance policies and renewal of contracts can entice procurement managers towards the software.

APAC is expected to be the fastest growing segment in the procurement analytics market during the assessment period. The market growth is attributed to heavy investments by the vendors to develop robust cloud infrastructure in emerging economies of China, India, and other South East Asian countries. New strategies by enterprises for lowering business risk and increasing profit margins can culminate in integration of procurement analytics software for tracking pending delivery and orders.

Table of Contents

1 Executive Summary

1.1 Market Attractiveness Analysis

1.1.1 Global Procurement Analytics Market, By Component

1.1.2 Global Procurement Analytics Market, By Deployment Mode

1.1.3 Global Procurement Analytics Market, By Organization Size

1.1.4 Global Procurement Analytics Market, By Industry Vertical

1.1.5 Procurement Analytics Market, By Region

Continued…

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https://freepressreleasedb.com/pr/Talent-Management-Software-Market-Demand-Industry-Size-Top-Players-Opportunities-Sales-Revenue-and-Regional-Forecast-To-2027-PR185636/

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Employee Monitoring Solution Market Trends, Key Vendors Analysis, Import & Export, Revenue by Forecast 2027

 Employee Monitoring Solution Market Synopsis:

The global employee monitoring solution market has been segmented based on component, deployment, organization size, type, application, and vertical.

By component, the global employee monitoring solution market has been divided into solution and service. The solutions segment is expected to account for the larger market share during the forecast period.

Based on deployment mode, the global employee monitoring solution market has been classified as on-premise and cloud. The cloud deployment mode segment is expected to be the larger market, register the higher growth rate during the review period.

The organization size segments of the global Employee Monitoring Solution Market are small and medium-sized enterprises (SMEs) and large enterprises. The large enterprises segment is expected to dominate the market.

On the basis of vertical, the global employee monitoring solution market has been divided into banking, financial services and insurance (BFSI), retail, government and defense, healthcare and life sciences, energy and utilities, manufacturing, telecommunication and IT and others. The telecommunication and IT segment is expected to be the largest, while the BFSI segment is projected to register the highest CAGR during the forecast period.

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Employee Monitoring Solution Market Competitive Analysis:

Highly competitive, the employee monitoring solution market appears fragmented due to the presence of several notable players. To gain a larger competitive share, industry players initiate strategies such as mergers & acquisitions, collaboration, expansion, and technology launch. Market players make substantial investments to drive R & D activities and to expand the global footprints. 

Major Key Players:

Players active in the employee monitoring solution market are Birch Grove Software, Inc. (US), InterGuard (US), FairTrak (India), IMonitor Software (US), Netsoft Holdings, LLC (US), Micro Focus (UK), Rapid7 (US), Splunk Inc. (US), Forcepoint (US), ObserveIT (US), Securonix (US), Imperva (US), LogRhythm, Inc. (US), One Identity LLC. (US), and SolarWinds ULC (Canada), among others. 

Segmentation:

MRFR’s take on the global Employee Monitoring Solution Market yields a proper segmentation that has its focus locked on minute changes. Such an analysis is backed by volume-wise and value-wise figures. These segments are component, deployment, organization size, type, application, and vertical.

  • Based on the component, the global employee monitoring solution market includes solution and service.
  • Based on the deployment mode, the global employee monitoring solution market comprises as on-premise and cloud. The cloud segment is fast gaining momentum as this is quite easy to access and cost-effective.
  • Based on the organization size, the global employee monitoring solution market consists small and medium- sized enterprises (SMEs) and large enterprises. The large enterprises are implementing this system to better their productive hours and increase profit margin. SMEs have started realizing the potential and in the near future, the system is expected to gain prominence in the segment.
  • Based on the type, the global employee monitoring solution market includes standalone and integrated. The standalone segment covers productivity suite, project supervision & management, and surveillance suite.
  • Based on the application, the global employee monitoring solution market encompasses system monitoring, network monitoring, application monitoring, file monitoring, and database monitoring.
  • Based on the vertical, the global employee monitoring solution market includes energy & utilities, banking, financial services & insurance (BFSI), telecommunication & IT, healthcare & life sciences, manufacturing, retail, government & defense, and others. The telecommunication & IT segment is having a great run in the market.

Regional Analysis:

  • North America dominates the global employee monitoring solution market. The largest market share attributes to the widespread adoption of employee monitoring solutions in rising numbers of enterprises. Besides, the rapid adoption of EMS across many technologically advanced industries, such as retail, BFSI, and IT & telecommunication, drives the employee monitoring solution market share in North America.
  • Moreover, the rising demand for advanced solutions for better management of resources substantiates the employee monitoring solution industry in the region. The increasing workforce in organizations and the early adoption of advanced technologies and innovations in HRM solutions High R&D investments in developing advanced solutions and high economic growth increase the market size.
  • Europe stands second in the global employee monitoring solution market. The market growth is driven by the increasing demand for employee monitoring solutions to optimize employee productivity. Additionally, the rising uptake of employee monitoring solutions and increasing business in the region create substantial market demand. The UK and Germany are emerging markets in the region, providing impetus to the regional market. The European employee monitoring solution market is expected to grow at a significant CAGR during the forecast period.
  • The Asia Pacific region also holds a sizable share in the global employee monitoring solution market. Factors such as rapidly growing corporate companies in the region and the rising adoption of cloud-based services boost the growth of the regional market. Moreover, growing government initiatives to foster digitalization positively impact the employee monitoring solution market size. Simultaneously, the increasing awareness about the benefits offered by employee monitoring solutions propels the regional market growth.

Table of Contents

  • 1 Executive Summary
  • 1 Market Attractiveness Analysis
  • 1.1 Global Employee Monitoring Solution Market, By Component
  • 1.2 Global Employee Monitoring Solution Market, By Deployment
  • 1.3 Global Employee Monitoring Solution Market, By Organization Size
  • 1.4 Global Employee Monitoring Solution Market, By Type
  • 1.3 Global Employee Monitoring Solution Market, By Application
  • 1.4 Global Employee Monitoring Solution Market, By Vertical
  • 1.5 Employee Monitoring Solution Market, By Region
  • Continued…

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Read More

https://freepressreleasedb.com/pr/System-Monitoring-Market-Challenges-Size-Growth-Key-Vendors-Drivers-Trends-and-Forecast-to-2027-PR185642/

https://www.articletrunk.com/system-monitoring-market-challenges-size-growth-key-vendors-drivers-trends-and-forecast-to-2027-2/

https://www.spoke.com/topics/system-monitoring-market-challenges-size-growth-key-vendors-drivers-trends-and-forecast-to-2027-60f139e928d3c65cca012ae6

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 

 

 

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