Tuesday, August 3, 2021

Public Safety Analytics Market COVID-19 impact analysis, Market Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts

 Market Dynamics   

As per the report by MRFR, the global public safety analytics market is slated to generate a market value of USD 11.75 billion by 2027 growing at a 16.22% CAGR during the review period (2020–2027)  

Market synopsis

Public safety 's primary function is to protect all elements of society by improving the decision-making process of public safety agencies, providing them with useful insights from the data collected. These elements include economics, critical infrastructure and citizens alike. Public safety reports provide data collection from different branches of public safety, including police, traffic branches, emergency management, and neighborhood security organizations. The data collected from various internet sources , such as social media sites, also help public security agencies to extract large amounts of data and convert it into useful analytics using different analytical techniques such as descriptive, prescriptive, and predictive analytics. Main driver for the growth of the public safety analytics market is the rising incidence of illegal activity and terrorist threats that has resulted in the agencies embracing data analytics as a solution for public safety to obtain valuable insights from the data collected. This allows law enforcement agencies to gain actionable insights from the data needed for crime prevention and public safety. Advances in business intelligence also help public safety agencies make predictions, using real-time data stream analytics and machine learning to build on historical data.

Reducing and stopping crime is a big challenge for law enforcement agencies to step up public safety, Reduces the costs of crime to society and prevents harm to public property. Public security agencies generate tremendous amounts of data from different sources such as criminal records, social media platforms, and data from investigations. The shift of public safety analytics toward integrating predictive and preventive analytics helps to predict future crimes in crime analysis from historical data.

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Segmentation

The Global Market Study of Public Safety Analytics aims at various segments, such as component, type of analysis, type of deployment, application, vertical, region and estimate of market growth across these segments

The market is segmented by component into solution and service. The Solution segment is further segmented into Video Analytics, Social Media Analytics, Identity Analytics, Sensor Data Analytics, Others (Speech Analytics, Text Analytics, and Crowd Analytics), and the Services segment is further segmented into System Integration, Support and Maintenance, Consulting, Managed Services.

The market is segmented by type of analytics into predictive analysis, prescriptive analytics, descriptive analytics.        

The market is segmented by form of delivery into on-premise and cloud.

The market is segmented by application into pattern recognition, accident detection, interest individual screening, and surveillance.

The market is segmented vertically into law enforcement and intelligence agencies, border protection, security of public transportation, essential security of infrastructure and others (manufacturing and emergency services).

Regional Outlook

It is estimated that the global market for public safety analytics will grow at a significant rate during the 2020-2027 forecast period. For North America, Europe, Asia-Pacific, and the rest of the world, geographic analysis of the public safety analytics market is being studied.

North America is expected to dominate the public safety analytics market because of the involvement of major suppliers of public safety solutions and advanced monitoring technologies found in countries like the US and Canada. That is expected to boost market growth in this region. Asia-Pacific is projected to be the region with the highest growth over the forecast period due to increasing investments in smart city projects that have led to public safety analytics solutions being adopted.

Key players

The public safety analytics market comprises vendors which provides security evaluation services across the globe. The companies include Hexagon (Sweden),  Verint Systems (US), IBM (US),  Cisco (US), SAP (Germany), Esri (US), SAS (US), NEC (Japan), Nice Systems (Israel), Splunk (US), Hitachi Vantara (US), Haystax (US) and among others.

Access Full Report @ https://www.marketresearchfuture.com/reports/public-safety-analytics-market-6696

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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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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Property Management Market COVID-19 impact, Market Scenario, Leading Players, Segments Analysis and Growth by Forecast to 2027

 Property Management Market Analysis 

The property management market will touch USD 21.4 billion at a 7.3% CAGR in the forecast period 2020- 2027, as per the new Market Research Future (MRFR) analysis. Property management, simply put, is a software application tool which helps real estate accountants, property owners, property managers, and other stakeholders to efficiently manage rental properties. These properties comprise residential and commercial spaces that are managed on the owner’s behalf by the property manager. It helps to streamline daily tasks of property managers thus reducing the overall cost and time invested to manage the real estate business. 

Various factors are fuelling the global property management market size. As per the recent MRFR market estimates, such factors include the growing adoption of SaaS model for property management, developing inclination towards workplace mobility, rising demand for outsourcing services, increasing investment in different technologies worldwide, introduction of cloud-based deployment model, and increasing need to efficiently manage property portfolios among property managers. 

On the contrary, impact of the COVID-19 outbreak, lack of skilled professionals and budget limitations for technological solutions may limit the global property management market share over the forecast period. 

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Market Segmentation 

The MRFR report throws light on an inclusive segmental analysis of the global property management market based on end user, application, deployment, and component. 

By component, the property management market is segmented into services and solution. The service segment is again bifurcated into training and maintenance services, consulting services, and integration services. Of these, the solution segment will lead the market over the forecast period. 

By deployment, the property management market is segmented into cloud-based solution and on-premise. Of these, the cloud-based solution will dominate the market over the forecast period. 

By application, the property management market is segmented into commercial and residential. The commercial segment is again bifurcated into office spaces, hospitality, retail, and others. Of these, the commercial segment will spearhead the market over the forecast period. 

By end user, the property management market is segmented into housing association and property manager/agent. Of these, the property manager will have the lions share in the market over the forecast period. 

Regional Analysis

By region, the global property management market covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America, South America, and the Middle East and Africa (MEA). Of these, North America will remain the driving force in the market over the forecast period. Increasing housing development, growing investments by real-estate agents in different advanced technologies, the growing demand for property management solutions among property managers in Mexico, Canada, and the US, the surge in e-commerce, and the growing investments by key players are adding to the global property management market growth in the region. 

In Europe, the property management market is predicted to hold the second-largest share over the forecast period. Growing focus of regional players towards advance software is adding to the global property management market growth in the region. The UK holds the utmost market share followed by France and Germany. 

In the APAC region, the property management market is predicted to grow at a fast pace over the forecast period. The growing investment by property managers and property management firms in different technologies like electronic lease, accounting and bookkeeping, electronic payment solution, property management software, and others are adding to the global property management market growth in the region. Besides, increasing middle-class population in Indonesia, India, and China, developing hotel, retail, and logistics industry, technological advances, and the booming e-commerce industry are also adding market growth. 

The property management market in South America and the MEA is predicted to have sound growth over the forecast period. 

Key Players 

The notable players profiled in the global property management market report include Chetu Inc., Spacewell, Accruent, RealPage, Inc., Trimble Inc., SAP, Oracle, IBM, AppFolio, Inc., Yardi Systems, Inc., Buildium, MRI Software LLC, Rosmiman Software Corporation, Re-Leased Software Company Ltd, and Skyline Property Management, among others. 

Industry Updates 

March 2021- MultiLiving has launched Propel app which is an end-to-end property management application for homeowners. 

Access Report Details @ https://www.marketresearchfuture.com/reports/property-management-market-8553

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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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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Procurement as a Service Market COVID-19 impact analysis, Trends, Size, Key Vendors Analysis, Import & Export and Revenue by Forecast 2027

 Overview

The procurement as a service market is projected to grow at a CAGR of 8.9% during the forecast period. As per the procurement as a service market research report, the global market for procurement as a service is projected to grow swiftly by US$9 billion by 2027. According to analysts, increasing dependence on the e-procurement as well as pan-industry applicability will drive the market growth during the forecast period. The procurement as a service market research report offers a comprehensive analysis of the global procurement as a service market and its organization size, vertical, and components segments. The high competition along with lack of information and awareness among SMEs and large enterprises are the elements that could influence the procurement as a service market advancement throughout the forecast period. The procurement as a service market research report by expert analysts is developed to assist organizations in the procurement as a service market.

Market Segmentation

The global procurement as a service market has been segmented based on organization size, vertical, and components. On the basis of organization size, the market for procurement as a service is segmented based on large enterprises and SMEs. Additionally, the market on the basis of vertical, is segmented into government & defense, healthcare, IT & telecom, manufacturing, retail, BFSI, and others. The global market for procurement as a service is also covered based on components segment which is further split into category management, process management, spend management, transaction management, and strategic sourcing.

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Major elements such as reluctance to change could obstruct the procurement as a service market growth. However, according to the procurement as a service market research report, unique solutions for all business verticals along with dynamic economic landscape will propel growth throughout the forecast period. The procurement as a service market is set to register growth at a high CAGR owing to these key factors. The exploration of organization size, vertical, and components segments along with regional markets has been given in the global procurement as a service market research report. The research analysts studying the procurement as a service market have put out market forecasts in the procurement as a service market research report in order to support procurement as a service market-based companies. The procurement as a service market research report provides an extensive understanding of the procurement as a service market based on the information and forecasts till 2025.

Regional Overview

North America, Europe, Asia Pacific and the rest of the world regional market for procurement as a service are predominantly covered in the global procurement as a service market research report. Country-level procurement as a service markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level procurement as a service markets are covered in the report. In Asia-Pacific (APAC) region, the country-level procurement as a service markets covered are Japan, India, China, and others. The procurement as a service market research report also explores the regional market for procurement as a service present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The procurement as a service market research report also covers regional markets from the rest of the world alongside procurement as a service markets of Africa and the Middle East.

Competitive Landscape

Demands across industry verticals and components are presumed to drive the procurement as a service market growth worldwide. The global procurement as a service market could be challenged by unorganized business processes across developing countries, nevertheless, organizations in the procurement as a service market will carry the growth rate forward. The procurement as a service market research report presents company profiles of major companies active in the procurement as a service market globally. Furthermore, the global procurement as a service market report offers an all-inclusive analysis of the market collected from the procurement as a service market’s primary and secondary sources covering both decision makers and thought leaders. The procurement as a service market research report highlights such key areas assisting businesses operating in the procurement as a service market to build better growth strategies.

Industry News

 

With an emphasis on President Biden's reopening order to support schools and early childhood education providers SDI Inc., which is a pioneer in digital supply chain services and solutions, is launching a mobile app to streamline the procurement process and complement its PES-as-a-service portfolio for personal protective equipment (PPE). The SDI-powered ZEUS technology allow users to display and order PPE and other critical supplies and enables support of both iOS and Android platforms.

Browse Full Report Details @ 

https://www.marketresearchfuture.com/reports/procurement-service-market-8293

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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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 

 

Proactive Security Market COVID-19 impact, Global Trends, Size, Shares, Strategy, Applications Analysis and Growth by Forecast to 2027

 Market Overview

Market Research Future (MRFR), in its newly released research report, asserts that the global proactive security market 2020 is flourishing and expected to grow significantly over the review period, recording a substantial market valuation and a healthy 16.4% CAGR in the forecast period.

Drivers and Restraints

The proliferation of IoT, smart mobile devices and developments such as BYOD has increased the number of connected devices in companies, resulting in the need for a proactive protection program to be in place. A more significant number of connected devices in the IT infrastructure contributes to vulnerabilities. And a growing number of businesses opt for proactive security solutions over-reactive security solutions. The growing number, as well as the variety of cyberattacks, urged the companies to adopt proactive safety solutions. Additional factor leading to proactive security industry growth is the growing need to comply with strict data protection regulations. However, during the forecast period, the budgetary constraints for implementing proactive cybersecurity solutions are expected to restrict the market growth. Growing adoption of cloud-based applications across verticals and the rising pattern of corporate digital transformation provide lucrative opportunities for crucial proactive security providers in the global marketplace. A small number of trained cybersecurity professionals are facing a challenge on the market.

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Segmental Analysis

The global market for proactive security has been analyzed on the basis of component, organization size, and vertical.

Based on the component, the global proactive security market has been divided into solutions and services. The solutions segment has been segmented into security monitoring and orchestration, risk and vulnerability management, security analytics, attack simulation, and advanced malware protection. The services segment has been bifurcated as professional services and managed services.

Based on organization size, the proactive security market has been bifurcated into small- and medium-sized enterprises (SME) and large enterprises.

Based on vertical, the global proactive security market has been segmented into IT and telecommunication, banking, financial services, and insurance (BFSI), healthcare and life sciences, retail and e-commerce, government and defense, manufacturing, energy and utilities, and others.

Regional Analysis

The geographical overview of the global market has been conducted in four major regions, including North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa. 

However, during the forecast period, the budgetary constraints for implementing proactive cybersecurity solutions are expected to restrict the market growth. Growing adoption of cloud-based applications across verticals and the rising pattern of corporate digital transformation provide lucrative opportunities for crucial proactive security providers in the global marketplace. A small number of trained cybersecurity professionals are facing a challenge on the market.

Europe is projected to be the second-largest market during the analysis period due to the growing need for businesses to protect data confidentiality and comply with strict regulations. In the forecast period, Asia-Pacific is projected to be the fastest-growing region in the global proactive protection sector. The upsurge in the adoption of proactive security services among small and medium-sized enterprises and the growing adoption of cloud-based security solutions are critical drivers for the growth of the Asia-Pacific proactive safety market.

Competitive Landscape

The significant market players operating in the global market as identified by MRFR are IBM Corporation (US), Altran (France), Corvil (Ireland) Cisco Systems Inc. (US), Palo Alto Networks, Inc. (the US), Securonix, Inc. (the US), LogRhythm, Inc. (the Netherlands), Rapid7 ( US), Symantec Corporation (US), FireEye, Inc. (the US), McAfee, LLC (US), Oracle Corporation (US), CyArx Technologies LTD (US), AT&T (US), and FUJITSU (Japan). The key schemes implemented by most of the players are agreements, partnerships, and collaborations.

The other players in the proactive security market are Trustwave Holdings, Inc. (US), Skybox Security, Inc. (the US), Swimlane LLC. (US), Splunk Inc. (US), Centrify Corporation (US), ThreatConnect Inc. (US), RSA Security LLC. (US), FireMon, LLC. (US), DEMISTO (US), CyberSponse, Inc. (US), Qualys, Inc. (the US), and others.

Browse Full Report Details @

https://www.marketresearchfuture.com/reports/proactive-security-market-7872

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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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

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Privacy Management Software Market COVID-19 impact Analysis Industry Segments, COVID-19 Analysis, Landscape and Demand

 Market Analysis 

The global privacy management software market size will develop at a healthy 22.8% CAGR during the forecast period 2020- 2027, states the latest Market Research Future (MRFR) analysis. Privacy management software, put simply, is specially designed software which is developed for supporting the privacy requirements of an enterprise. Due to the rising number of security breaches and cyber-attacks, several organizations are adopting improved cyber security solutions to prevent the loss of confidential data. This software helps organizations in conducting privacy impact assessments, checking processing activities against needs from privacy regulations, and tracking incidents which result in unauthorized disclosures of personal data (reporting, remediation, investigation). 

Various factors are fuelling the global privacy management software market growth. As per the recent MRFR market estimates, such factors include the growing concern for data privacy, the rising adoption of BYOD (bring your own devices), data protection and governance regulations, the rising number of cyber-attacks, the rigid government regulations over data security, and ever increasing enterprise expenditure for data privacy. The additional factors adding market growth include the improved accountability for ensuring data security, the rise in various laws and privacy rules for data protection, constant research and development activities to bring the needed innovations in privacy management software market, strict government regulations regarding data security, increasing use during COVID-19 pandemic, and rising enterprises spending for data privacy. 

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Market Segmentation 

The MRFR report throws light on an inclusive segmental analysis of the global privacy management software market based on vertical, organization size, deployment mode, and application. 

By application, the global privacy management software market is segmented into reporting and analytics, risk management, compliance management, and others. Of these, the compliance segment will lead the market over the forecast period. 

By deployment mode, the global privacy management software market is segmented into cloud and on-premises. Of these, the cloud segment will dominate the market over the forecast period. 

By organization size, the global privacy management software market is segmented into large enterprises and small and medium sized enterprises (SMEs). Of these, the large enterprises will spearhead the market over the forecast period. 

By vertical, the global privacy management software market is segmented into BFSI, government and defense, healthcare and pharmaceutical, food, beverages, and consumer goods, telecommunication and IT, and others. Of these, the BFSI segment will have the lions share in the market over the forecast period. 

Regional Analysis 

By region, the global privacy management software market covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America, and Rest of the World (RoW). Of these, North America will remain the driving force in the market over the forecast period. The presence of chief vendors in the US, the region being the hub for major organizations across the globe, booming IoT sector, and the expansion of the retail industry are adding to the global privacy management software market growth in the region. The US has the utmost market share. 

In Europe, the global privacy management software market is predicted to hold the second-largest share over the forecast period and at the highest CAGR for EU GDPR as well as other ePrivacy regulations like Privacy and Electronic Communications Regulations (United Kingdom), Telecommunications Service Companies Privacy Regulation (Germany), Information Commissioners Office (United Kingdom), Payment Card Industry (PCI), and Healthcare Information Trust Alliance (HITRUST). They have been issued for supplementing existing laws and regulations regarding data privacy. 

Key Players 

The prominent players profiled in the global privacy management software market report include Bwise (US), RSA Security LLC. (US), PossibleNOW, Inc. (US), MetricStream Inc. (US), LogicGate, Inc. (US), AvePoint, Inc. (US), AURA DIFUSION S.L.(US), SureCloud (UK), TokenEx (US), 2B Advice LLC (US), Proteus-Cyber Ltd. (UK), Protiviti Inc. (US), International Business Machines Corporation (US), BigID, Inc. (US), SIMBUS, LLC. (US), TrustArc Inc (US), OneTrust, LLC (UK), and Nymity Inc. (US), among others. 

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/privacy-management-software-market-7400

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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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

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POS Software Market COVID-19 impact analysis, Leading Growth Drivers, Emerging Audience, Segments, Sales, Profits & Analysis

 Market Overview

As per MRFR’s analysis, the Global POS Software Market 2020 was valued at USD 14.10 billion in 2018 and is slated to reach USD 34.77 billion by 2027, expanding at a CAGR of 14.27% during the forecast period, 2020-2027.

Market Highlights

The growing adoption of smartphones , tablets, and other smart handheld devices, changing payment options that include increasing use of credit cards, debit cards , and other digital payment wallets, and government support driving the development of high-speed networks such as 3 G , 4 G, and 5 G are some of the major drivers of POS software market growth. Increasing demand among retailers , restaurants, hotels , resorts, grocery stores / supermarkets and cafés to manage entire business operations such as inventories, sales, customer loyalty and single platform marketing have created a significant demand for POS systems. POS payment gateway software helps companies improve customer engagement, customer satisfaction ratio, and overall customer experience.

Owing to the increasing adoption of contactless payment solutions and the integration of AI technology with the software the market is expected to offer growth opportunities. However, growing concerns regarding data security are a major market restraining factor. Emerging technologies like IoT and machine learning have a major impact on the market for POS software. Some of the recent trends in the POS software market include AI integrated POS software, mobile POS system, customized shopping experience and cloud-based POS software.

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Segmental Analysis

The global POS software market has been analysed on the basis of component, type, deployment, operating system, application, end-user, and region.

Based on component, the market has been bifurcated into software and services.

Based on the type, the market has been divided into fixed POS and mobile POS.

Based on the deployment, the market has been bifurcated into on-cloud and on-premise.

Based on the operating system, the market has been segmented into Android, iOS, and Windows.

Based on the application, the market has been segmented into sales reporting, inventory tracking customer engagement,, purchasing management, and others.

Based on the end-user, the market has been categorized into  BFSI, media & entertainment, retail, transportation, hospitality, and others.

Regional Assessment

The market was segmented by region into North America, Europe , Asia-Pacific, the Middle East and Africa and South America.

At present North America dominates the global market for POS software. For a number of POS software providers the region is an early adopter of new technologies and hub. The U.S. accounts for the largest market share among all the countries in the region, owing to highly qualified skills and research and development capabilities, aiming at developing AI sourcing tools to improve the efficiency of the hiring process, which has guided the country's market growth of POS software. Europe is trailing North America; a significant market share in the global market for POS software is anticipated. Expansion in the hospitality sector across Europe, which increases demand for restaurants, resorts, and other end-users for POS software, is driving the region's market growth.

In the forecast period Asia-Pacific is projected to be the fastest growing region. Rising retail and e-commerce sectors, and government initiatives that support digital payments, are increasing demand for small business POS software. Increasing the use of cloud-based point of sale software has also accelerated the demand for POS software systems in the region. In the Middle East & Africa and South America, the global POS software market is also slated to grow at a considerable rate during the forecast period due to the increasing penetration of smart devices, which increases the demand for post software for pc.

Key Players

The prominent players active in the global market of POS software are Square Inc. (US), Microsoft Corporation (US), Toast Inc. (US), TouchBistro Inc. (Canada), Poster POS (Ukraine), Lightspeed (Canada), Vend (New Zealand), Miva, Inc. (US), Intel Corporation (US), Shopify (Canada), Erply (US), Salesforce.com, Inc. (US), Intuit (US), Bindo POS (US),  GOFRUGAL (Dubai), PAX Global Technology Limited (Hong Kong), Toshiba Corporation (Japan), Panasonic Corporation (Japan), and HP Inc. (US).

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/pos-software-market-8384

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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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

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Pervasive Computing Technology Market COVID-19 outbreak, Trends, Key Vendors Analysis, Import & Export, Revenue by Forecast 2027

 Industry Insight

The global pervasive computing technology market is prompted to record a healthy CAGR during the forecast period, 2020-2027. The progress in the market can be observed with the rising factors from all corners of the globe.

Top Market Drivers & Key Trends

The underlying technologies such as internet capabilities, wireless communications, sensors, user interfaces, advanced middleware, mobile protocols, networking, artificial intelligence, embedded systems, location and positioning, voice recognition support pervasive computing have made pervasive computing technology more popular. In the present day, pervasive computing is also known as Internet-of-things (IoT), which means connecting everyday objects to networks and devices. These features have made the market recognizable and earned considerable valuation for some years.  

The pervasive computing market is estimated to exhibit high growth potential over the next coming years owing to a surge in demand for smart devices and internet penetration. The pervasive computing market has benefitted end-use industries such as communications, automotive, defense, consumer appliances, healthcare, and E-commerce. Pervasive computing products consist of PDA, mobile phones, Bluetooth handset, camera, web server, watch phone, watch camera, and brainwaves. All these aspects have made the market of pervasive computing technology robust that would also expand in the same way throughout the forecast period. 

Furthermore, the pervasive computing market is also ready to witness surged demand from broken connections, location-dependent data, and limited host bandwidths that can raise the security of pervasive computing, resulting in initiating growth parameters. Despite all these factors, the pervasive computing market might face several technological challenges such as users’ intent, energy management issues, flaws in human-machine interfaces, context awareness, and cyber forage, along with user privacy concerns. From this point of view, MRFR’s study found that the market could witness some hindrances while developing in the forecast period. Thus, the market speed could go slow, as estimated in the forecast period. 

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Segmentation of Market: Pervasive Computing

From the viewpoint of segmental analysis, the global, pervasive computing market is studied among various segments such as components, technology, and application.

Depending on the components segment, the market has included software, hardware, and solutions. Wherein, the hardware is also segmented into sensors & actuators, smartphones,  servers, cameras, communication devices, smart wearable devices (watch phone, watch camera), Bluetooth hands-free, softphone, and the webserver. 

Depending on the technology segment, the market has included WLANs, Wi-Fi, and 3G & 4G. 

Depending on the application segment, the market has included privacy and management, security, information access, mobility and networking, multimedia document retrieval, text retrieval, gesture recognition, speech recognition, and others.

Regional Outlook

From the viewpoint of regional aspects, the global, pervasive computing market has been studied among the key regions of Europe, North America, Asia-Pacific, and the rest of the world.

Emerging countries in the Asia Pacific region, especially India and China, are estimated to fuel demand for pervasive computing owing to expansion in the automotive industry, rising smartphone users, and rising internet subscribers.

North America region is also estimated to acquire the largest share of the market as it is growing at the fastest rate in the present time and would cover maximum share in the forecast period. The growth of the market in North America is attributed to the rising usage of Smartphones among people. North American region is further followed by Europe, where the market of pervasive computing technology is again expected to gain immense growth in the forecast period.

Top Market Contenders

Some of the well-known players in the global, pervasive computing technology market are listed as Tata Consultancy Services Limited (India), International Business Machines Corporation (U.S.), Microsoft Corporation (U.S.), AT&T Inc. (U.S.), Fujitsu Ltd. (Japan), Hewlett-Packard Company (U.S.), SAP SE (U.S.), E-Tron Co. Ltd (South Korea), Cloudera (U.S.) and Oracle Corporation (U.S.). 

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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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