Tuesday, August 3, 2021

Signal intelligence Market COVID-19 impact, Trends, Size, Key Vendors Analysis, Import & Export and Revenue by Forecast 2027

 Overview

The signal intelligence market is anticipated to grow by US$15.81 billion by 2027 rapidly growing at a CAGR of 5.32% during the forecast period 2020 to 2027. The global signal intelligence market is driven by growing prevalence of criminal activity and terrorist attacks that have raised the need for increased protection and surveillance initiatives, particularly those in common spaces. These factors have helped shape the signal intelligence market and are expected to boost the growth. Companies in the signal intelligence market could also face challenges such as cyberattacks and complexity of software solutions. The details covered in the signal intelligence market report cover all the aspects of the industry. Analysts studying the signal intelligence market have also shared growth projections in the report and have suggested signal intelligence market players to plan business strategies accordingly.

Market Segmentation

The global signal intelligence market has been segmented based on applications and type. On the basis of application, the market for signal intelligence is segmented based on airborne, naval, land-based, space. Additionally, the market on the basis of type, is segmented into communication intelligence, electronic intelligence.

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Armed forces, defense and aviation, and the public sector need a quick response system for protection, monitoring, crime proceedings. And these factors support the signal intelligence market growth. The performance of the signal intelligence market has also been studied for the past and current years. Additionally, the signal intelligence market report provides analysis of these segments. The signal intelligence market segmental analysis provided in the report offers major details about the signal intelligence market based on the data and forecasts till 2027.

Regional Overview

Companies in the signal intelligence market are spread across the world. The signal intelligence market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American signal intelligence market has many companies across the United States, Canada, and Mexico. The signal intelligence market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the signal intelligence market can be found in the market research report. Europe has companies in the signal intelligence market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the signal intelligence market across India, China, and Japan in the Asia-Pacific region is also presented in the report.

Competitive Landscape

The signal intelligence market is supported by the rise of the artificial intelligence (AI) based solutions. The population growth around the world and increasing demand of signal intelligence market based services and products also support the market growth. However, the signal intelligence market growth can be affected due to complex software solutions. The report covers all such details which will help companies in the signal intelligence market to strengthen their business plan and improve their product portfolio. The signal intelligence market research report also provides company profiles of major companies. The company profiles of many organizations operating in the signal intelligence market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the signal intelligence market. New companies and established businesses can plan their strategies based on this data provided in the signal intelligence market research report.

Industry News

Kenshoo, world marketing innovations champion, today revealed their plan to buy Signals Analytics, a pioneer in the business intelligence AI analytics market. The acquisition enables the business to address the main problem brands have come to the crisis in the post-COVID-19 era: how to keep up, compute, connect and engage with customers amid the medium of e-commerce quickly.

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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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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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Security Orchestration Automation and Response (SOAR) Market COVID-19 impact analysis, Market Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts

 Market Analysis 

The global security orchestration automation & response market will touch USD 2,027.2 million at a 14.6% CAGR during the forecast period 2020- 2027, states the latest Market Research Future (MRFR) analysis. Security orchestration automation and response (SOAR) allows organizations in collecting data from different sources and responding to safe operations from one single system sans human assistance to deal with the changing threat environment. SOAR allows various solutions in integrating with one another and automating tasks in production with the help of workflows for managing security threats and preventing further network attacks.

Various factors are fuelling the global security orchestration automation and response market growth. As per the recent MRFR market estimates, such factors include the growing digitization resulting in rising vulnerabilities in data security, the need to improve detection and response activities across verticals, growing demand from various verticals like IT and telecommunications and BFSI, rising number of false alerts, and the rising digitization. The additional factors propelling market growth include the necessity to manage cyber threats, the need for improving detection and response activities, and technological advances.

On the contrary, the impact of the COVID-19 impact, lack of awareness regarding SOAR and lack of security operation handlers may limit the security orchestration automation & response market growth over the forecast period.

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Market Bifurcation

The Market Research Future report throws light on an inclusive segmental analysis of the global security orchestration automation and response market based on vertical, organization size, application, and component. 

By component, the global security orchestration automation and response market is segmented into services and platform. The services segment is again segmented into managed services and professional services. Of these, the service segment will lead the market over the forecast period. 

By application, the global security orchestration automation and response market is segmented into compliance management, threat intelligence, network forensics, security operations center (SOC) optimization, and others. Of these, the threat intelligence segment will dominate the market over the forecast period.

By organization size, the global security orchestration automation and response market is segmented into large enterprise and small and medium sized enterprise (SME).

By vertical, the global security orchestration automation and response market is segmented into retail, healthcare, energy and utilities, government, IT and telecom, BFSI, and others.

Regional Analysis 

By region, the global security orchestration automation and response 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 rule the market over the forecast period. Companies making heavy investments in research and development activities, technological advances in security orchestration and automation, increasing adoption of digital transformation to support large volumes of critical data, the presence of well-established and sustainable economies, and the presence of key players are adding to the global security orchestration automation and response market growth in the region.

In Europe, the global security orchestration automation and response market is predicted to hold the second-largest share over the forecast period. Rising need among enterprises across verticals coupled with the managed security service providers to comply with the government imposed regulations are adding to the global security orchestration automation and response market growth in the region.

In the APAC region, the global security orchestration automation and response market is likely to have admirable growth in the forecast period for the rising adoption of SOAR for security incident and response, security orchestration and automation, and threat intelligence.

Key Players 

The key players profiled in the global security orchestration automation and response market report include Security (US), EclecticIQ (Netherlands), ATAR Labs (Europe), Siemplify (US), Exabeam (US), Tufin (Israel), Resolve Systems (US), Ayehu Software Technologies Ltd. (US), D3 Security (US), CyberSponse (US), Cyberbit (Israel), ThreatConnect (US), DFLabs (Italy), LogRhythm, Inc. (US), Splunk Inc. (US), Rapid7 (US), Palo Alto Networks (US), Swimlane, LLC (US), FireEye Inc. (US), IBM Corporation (US), and Cisco Systems, Inc. (US), among others. 

Access Report Details @ https://www.marketresearchfuture.com/reports/security-orchestration-automation-and-response-market-8385

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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Security Information and Event Management Market COVID-19 outbreak, Global Trends, Size, Shares, Strategy, Applications Analysis and Growth by Forecast to 2027

 Market Insight

The global security information and event management market 2020 is planning to prepare for surge its investment in funds as it seeks to hit a 14.6% hike target in the face of the economic slowdown caused by the Coronavirus deadly disease. The figures are accumulated by Market Research Future that focuses on the study on security information and event management market and comes out to be gaining USD 3.89 billion by the end of 2027. The growth period is calculated to be between 2020 and 2027.

Top Impacting Factors

Security information and event management has become imperative for running a business impeccably. The security information and event management software permits its end-users to implement event forensics in case of a security breach by examining particular log for that event. Security information and event management solution are being deployed by a rising number of organizations not only for regulatory compliance but also to threat management by monitoring and detecting the first security breach in an IT system. These have been some of the essential factors leading the security information and event management market to a great extent.

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Currently, organizations are failing to succeed in identifying the targeted attacks and compliance breaches due to work from home approach due to the impact of Coronavirus globally. Thus, there is a requirement that can be met by improved and enhanced threat intelligence. Therefore, to better utilize real-time monitoring, organizations are trying to expand their security information and event management solution deployments for employees working from home. Due to this reason, security information and event management vendors have started focusing on the development of technology implementations with new as well as present customer accounts and showcasing product as a platform by offering security and application analytics. All these factors are making the security information and event management market to stay stable during COVID 19 pandemic.

MRFR also digs into the fact, some more key factors responsible for the growth of security information and event management market in coming years include the growing level of sophistication in cybercrimes and mounting compliance and regulatory mandates. 

On the contrary, the factor of high deployment cost and scalability of security information and event management solutions may decline the growth of the market for the future timeframe.

Leading Segments

The security information and event management market can be briefly segmented into solution, service, organization size, and vertical.

In terms of solution, global security information and event management has included patch management, log and event management, and firewall security management.

In terms of service, global security information and event management has included professional service and managed service. Among these, professional service has further included consulting service, integration and deployment service, and maintenance & support service.

In terms of organization size, the security information and event management has included large, small and medium-sized enterprises.

In terms of vertical, the security information and event management has included IT & telecommunication, BFSI, retail, healthcare, utilities, and others.

Leading Regions

Region-wise, the security information and event management market is studied among the main regions of Europe, North America, Asia-Pacific, and rest of the world.

Among the regions mentioned, North America might lead with the largest market share during the assessment period. The foremost factor contributing to the growth of security information and event management market is the rapid advancement in security technologies and end-user application. Moreover, the US grabs nearly 75-80% of the foremost vital players operating in this market. North America is followed by Asia-Pacific and Europe with having nearly 22% and 18% market share.

Top Industry Players

The top industry players in the security information and event management market are Hewlett Packard Enterprise Company (US), Dell EMC (US), Logrhythm Inc (US), IBM Corporation (US), Solarwinds Inc (US), McAfee LLC (US),  Symantec Corporation (US), Splunk Inc (US), Trustwave Holdings Inc (US), TrendMicro Inc (Japan), and TIBCO Software Inc (US).

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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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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 

 

 

Security Advisory Services Market COVID-19 outbreak, Trends, Size, Strategy, Applications Analysis and Growth by Forecast to 2027

 Overview

The security advisory services market is anticipated to grow by US$11.79 billion by 2027 rapidly growing at a CAGR of 17.6%during the forecast period 2020 to 2027. The global security advisory services market is driven by increasing number of cyberattacks and adoption of cloud computing. These factors have helped shape the security advisory services market and are expected to boost the growth. Companies in the security advisory services market could also face challenges such as stringent risk and compliance issues. The details covered in the security advisory services market report cover all the aspects of the industry. Analysts studying the security advisory services market have also shared growth projections in the report and have suggested security advisory services market players to plan business strategies accordingly.

Market Segmentation

The global security advisory services market has been segmented based on services, industry verticals, and organization size. On the basis of industry verticals, the market for security advisory services is segmented based on BFSI, government, healthcare. Additionally, the market on the basis of services, is segmented into risk & compliance management, security program development, incident management. The global market for security advisory services is also covered based on organization size segment which is further split into small and medium sized enterprises, and large enterprises.

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Factors like hyper-connectivity, emergence of IoT, and growing use of social media, support the security advisory services market growth. The performance of the security advisory services market has also been studied for the past and current years. Additionally, the security advisory services market report provides analysis of these segments. The security advisory services market segmental analysis provided in the report offers major details about the security advisory services market based on the data and forecasts till 2027.

Regional Overview

Companies in the security advisory services market are spread across the world. The security advisory services market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American security advisory services market has many companies across the United States, Canada, and Mexico. The security advisory services market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the security advisory services market can be found in the market research report. Europe has companies in the security advisory services market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the security advisory services market across India, China, and Japan in the Asia-Pacific region is also presented in the report.

Competitive Landscape

The security advisory services market is supported by robust security infrastructure. The population growth around the world and increasing demand of security advisory services market based services and products also support the market growth. However, the security advisory services market growth can be affected due to high investment and stringent rules. The report covers all such details which will help companies in the security advisory services market to strengthen their business plan and improve their product portfolio. The security advisory services market research report also provides company profiles of major companies. The company profiles of many organizations operating in the security advisory services market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the security advisory services market. New companies and established businesses can plan their strategies based on this data provided in the security advisory services market research report.

Industry News

System High Company reported today that it acquired Booz Allen Hamilton's Technical Engineering, Consulting, and Management Support (TEAMS) business to represent the Missile Defense Agency (MDA), including 110 staff. System Strong, an Enlightenment Resources fund, is a leading supplier in the aerospace, military, and government (ADG) sectors of Constructive Safety (P 2), security infrastructure, counter-intelligence, intelligence, and Cybersecurity technology. The business conducts its analysis by offering best-in-class protection approaches for specific expertise and properties of national health with this pledge.

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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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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 

 

 

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

 Market Synopsis

According to MRFR, the global sales performance management market is expected to grow at a CAGR of 16.6% during the forecast period and reach  USD 9.34 billion by 2027.

Market Highlights

The demand for sales performance management has begun to develop over the past few years and a substantial growth rate is anticipated in the coming years. Sales performance management supports retail, banking and financial services, manufacturing, IT and telecommunication, and other sectors in their revenue fuctionality.

The major factors contributing to the growth of the market are the growing adoption of Bring-your-own-devices (BYOD) by companies and the the demand for improved channel and efficiency of sales. The other considerations are the need for metrics based sales tools, and the need for process experience and channel performance indication. The limited knowledge of the tools for sales performance management is proving a constraint to this market. An opportunity for such solutions is the increasing incorporation of integrated platforms/products into enterprise sales functions.

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Segmentation

The global market for sales performance management is segmented into part, mode of delivery, size of organization, vertical and region / country.

The global sales performance management is segmented by part into products and services. However, the Services section is divided into incentive compensation management, geographic management , business planning and tracking, market analytics and others. Furthermore, the Services segment is divided into consulting, implementation , training and support and management services.

The global monitoring of sales output is segmented into on-premises and cloud by delivery mode.

The global sales performance management is segmented by organizational size into small and medium-sized enterprises ( SMEs) and large corporations.

The global sales performance management is segmented vertically into telecommunications and IT; retail; health and pharmaceutical; manufacturing; banking, financial and insurance (BFSI); travel and hospitality; transport and logistics; and others.

Regional analysis

Sales performance management business regional research is examined for North America, Europe , Asia-Pacific and the rest of the world (including the Middle East, Africa , and Latin America).

North America is projected to have the largest market share during the forecast period amongst the regions listed. The high demand for sales performance management software from technologically advanced industries such as BFSI and Telecom and IT in North America is expected to raise the market size. Europe is expected to follow North America, in terms of market size. The increasing demand for better distribution channel and company results in Europe, as well as the growth of numerous US-based sales performance management software companies in Europe, are key reasons for Europe's second-largest market share. Asia Pacific is projected to have the highest growth rate as demand is expected to increase by 16.2 per cent over the 2018 to 2023 forecast period above the global CAGR. Emerging countries such as India and China are increasingly driving the sales performance management market across various sectors including BFSI, IT and Telecom, manufacturing, and retail. Rest of the World — Latin America and Middle East & Africa are projected to give vendors various opportunities as sales success management systems are yet to be implemented in most countries.

Competitive Dynamics

Some of the major players are Salesforce.Com, Inc. (US), SAP AG (Germany), Synygy, Inc. (US), Xactly Corporation (US), Oracle Corporation (US), IBM Corporation (US), Callidus Software, Inc. (US), Microsoft Corporation (US), Axtria Inc. (US), Optymyze (US), Iconixx Corporation (US), Nice Systems Ltd. (US), Anaplan, Inc. (India), and Performio Solutions Inc. (US). The major strategies adopted by most of the players are collaborations, partnerships and agreements, and new product releases.

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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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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

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Global Real-Time Bidding Market COVID-19 impact, Leading Players, Segments Analysis and Growth by Forecast to 2027

 Market Overview

The global real-time bidding market is growing rapidly. The market growth attributes to the growing trend of social media platforms and the continuously increasing number of internet users. Besides, the penetration of information & communication technology drives the growth of the market. Also, the integration of machine learning (ML) and artificial intelligence (AI) techniques in RTB platforms escalate market growth, enabling service providers to offer innovative features.  

According to Market Research Future (MRFR), the global real-time bidding market is poised to create a valuation of USD 18.56 BN by 2027, growing at 30.8% CAGR throughout the assessment period (2020-2027). In its recent COVID 19 analysis on the real-time bidding market, MRFR confirms that in 2020 the market had crossed a valuation of USD 4.85 BN. The emergence of an intelligent cloud platform would promote the development of the market platform and the comprehensive expansion of businesses. 

The main aim of deploying digital devices is to improve interfaces in real-time web surfing and applications, significantly increasing data usage over wireless networks. This, along with the rising adoption of communication platforms, boosts the market growth. Additionally, the increasing demand for wireless data services for exchanging information, alongside the growing adoption of smart connected devices across the globe accelerate market growth. 

Attractive advantages of real-time bidding technologies such as triggering bid request containing data about demographic information, internet usage history, location, and page loading time for an ad exchange, influence the market growth. The advent of advanced cell phones, tablets, and high-tech hand-held devices connected to wireless networks fosters the growth of the market. Additionally, spurring growth in the dramatically rising end-users encourages market demand.

On the other hand, technical and network issues are significant factors predicted to impede the growth of the market. Also, the lack of infrastructure poses challenges to the real-time bidding market growth especially in the developing region. Nevertheless, the availability of futuristic technologies would support market growth throughout the forecasted period. 

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Segments

The report is segmented into four dynamics; 

By Auction Type                                   : Open and Invited Auction. 

By Advertisement FormatVideo and Image.

By End User                           : Media & Entertainment, Retail & eCommerce, Travel & Luxury, Mobile Apps, Games, and others. 

By Regions                              : Americas, Europe, Asia Pacific, and the Rest-of-the-World.

Regional Analysis

North America dominates the global real-time bidding market. The largest market share attributes to the strong presence of key RTB service providers in the region. Besides, the early adoption of bidding solutions creates a substantial demand in the real-time bidding market. The US, Canada, and Mexico are the leading countries in the region in terms of RTB services adoption. Moreover, high R&D investments and technological advances increase the real-time bidding market size. The North American real-time bidding market is projected to retain its dominance throughout the estimated period. 

Europe stands second in the global real-time bidding market. Market growth is driven by the spurting growth in end user industries, such as media & entertainment, retail & eCommerce, travel & luxury, mobile apps, games, and others. Also, the increasing purchasing power and the penetration of bidding solutions substantiate the growth of the market. Moreover, well-established gaming sectors and the proliferating information technology fuels the regional market growth. The European real-time bidding market is expected to create a substantial revenue pocket during the review period. 

The Asia Pacific region holds a considerable share in the global real-time bidding market. Increasing investments in digital marketing, alongside the strong presence of notable market players and internet users, are major driving forces. Moreover, increased adoption of bidding technologies and digital technologies such as smartphones, laptops, and tablets boost the regional market growth. Australia, Japan, and South Korea account for considerable shares in the Asia Pacific market. The APAC real-time bidding market is forecasted to grow at an impressive CAGR during the assessment period. 

 

Competitive Landscape

Highly competitive, the real-time bidding market appears fragmented due to the presence of several well-established players. To gain a competitive share, industry players are increasingly adopting strategies such as mergers & acquisitions, collaboration, expansion, and product launch. The industry is intellectual property and technology-intensive, which challenges new entrants and small players.

To develop new solutions and cut down development costs & time, these players form to collaborate and partner with other players. Technology providers use a variety of distributions channels and are increasingly engaging social media to generate inbound leads. 

Major Players:

Players leading the global real-time bidding market include Facebook, Inc. (US), Google LLC (US), Adobe Inc. (US), Smaato, Inc. (US), PubMatic, Inc. (US), WPP PLC (UK), The Rubicon Project, Inc. (US), YANDEX LLC (Russia), Salesforce.com, Inc. (US), MEDIAMATH, INC. (US), Criteo (France), AppNexus (US), MoPub (US), Verizon Media (US), and Match2One AB (Sweden), among others. 

Industry/ Innovation/ Related News:

July 30, 2020 ---- Taoping Inc. (China), a leading IT service management company, announced the upgrade of its Taoping Smart Cloud Platform to expand its business. With the upgraded Taoping Smart Cloud Platform, the company would accelerate the integration of offline scenes and online Internet interaction channels, open connection to third-party DSP, ADX Internet traffic platforms, and evaluate online and offline traffic interoperability through Real-Time Bidding (RTB) technology.

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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…

Read More

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https://writeonwall.com/virtual-network-functions-market-covid-19-outbreak-leading-growth-drivers-emerging-audience-segments-sales-profits-analysis/

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 

 

 

 

Regulatory Technology Market COVID-19 impact, Segments, Trends, Size, Strategy, Applications Analysis and Growth by Forecast to 2027

 Market Overview

The global regulatory technology market is garnering fabulous growing accruals. The market growth attributes to the growing acceptance of regulatory sandbox, focusing on financial regulations. There are lower entry barriers for cloud-based solutions in this market, which is an additional driving factor. Besides, the rising adoption of regulatory technologies in financial institutions to cope with the varying regulatory environment to reduce the risk of non-compliance escalates market growth. 

Market Research Future (MRFR) asserts that the global regulatory technology market is poised to grow at 22.8% CAGR throughout the review period (2020–2027). Moreover, the advantages that regulatory technology offers to enterprises in strengthening compliance and mitigating risks drive the market growth, providing well-informed decisions about regulatory adherence. Risks associated with fraud in business operations is a key growth driver for the regulatory technology market.

COVID 19 lockdown has made building data- and technology-driven resilience much more pressing than before the crisis, prevailing work from home policies. Financial firms quickly adapted to significant changes during the pandemic, although not without some operational and technology weaknesses emerging. After several months of working from home, financial risk, and regulatory compliance professionals with no clear end in sight, struggle to collaborate with their teams. 

Conversely, the lack of skilled expertise is a major factor forecasted to impede the growth of the market. Also, the initial investment required to implement regulatory solutions acts as a hurdle to market growth. Nevertheless, the rapidly growing trend of cloud platform adoption would support market growth throughout the assessment period. Also, growing numbers of businesses would accelerate the growth of the market. Moreover, stringent regulations and compliance by legal authorities boost the growth of the market.

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Segments

The report is segmented into four dynamics; 

By Application                  : Risk & Compliance Management, Regulatory Intelligence, Fraud Management, Regulatory Reporting, Identity Management, and others. 

By Deployment Mode   : On-Premises and Cloud-based. 

By Organization Size      : Small-to-Medium-Sized Enterprises (SMEs) and Large Enterprises. 

By Region                                            Americas, Europe, APAC, and the Rest-of-the-World.

Regional Analysis

North America dominates the global regulatory technology market. The largest market share attributes to the presence of several notable players and technology development centers boosts market growth, allowing the early adoption of futuristic risk tracking technologies. Besides, the increasing demand for risk & compliance and fraud management solutions to protect critical information drives the growth of the regulatory technology industry. 

The US accounts for 80%-85% share in the regional market due to the rising government efforts to push the adoption of cloud technologies. The North American regulatory technology market is expected to retain its dominance throughout the forecast period. 

Europe stands second in the global regulatory technology market. Various start-ups are being set up in this region and are giving a boost to their market share. Additionally, technological advances and market proliferation of regulatory intelligence management support the regulatory technology market growth. Also, the market is fostered by the increasing adoption of cloud-based solutions and digitalization. 

Also, well-established infrastructures in the region influence the regional market growth, allowing a favorable environment for developments and early adoption of technologies.  The European regulatory technology market is estimated to grow at the highest CAGR during the assessment period. 

The Asia Pacific regulatory technology market is growing rapidly. Factors such as increasing numbers of businesses in APAC countries such as China, South Korea, Japan, and India substantiate the regional market growth. Moreover, the augmenting demand for the deployment of regulatory technology technologies increases sales in the market.  

Simultaneously, massive demand for advanced solutions that can provide comprehensive support and real-time access to data increases the market size. The APAC regulatory technology market is projected to create a substantial revenue pocket during the review period. 

Competitive Analysis

Highly competitive, the global RegTech market appears fragmented due to the presence of many well-established players. To gain a significantly larger competitive share, major players incorporate strategic initiatives such as collaboration, mergers & acquisitions, expansion, and product/technology launch. These technology providers invest substantially in the development of novel technologies and upgrades. Industry players focus on optimized situational awareness for customers to ensure their mission success. 

Major Players:

Players leading the RegTech market include International Business Machines Corporation (US), Deloitte Touche Tohmatsu Limited (US), London Stock Exchange Group plc. (UK), PWC (UK), NICE (Israel), Thomson Reuters Corporation (US), Compliance Solutions Strategies (US), Bwise (Netherland), Lomabard Risk (UK), Abside Smart Financial Technologies SL (UK), Infrasoft Technologies Ltd. (India), Fintellix Solutions (India), NetGuardians Inc. (Switzerland), OpusDatum Ltd. (UK), Alto Advisory (Luxembourg), Suade Labs (UK), Clausematch Ltd. (UK), Signzy (India), Onfido (UK), CUBE (UK), Trunomi (UK), Elliptic (UK), and ComplyAdvantage (UK), among others.

Industry/ Innovation/ Related News:

September 21, 2020 ---- The Australian Prudential Regulation Authority (APRA) and the Australian Competition and Consumer Commission (ACCC) announced the signing an updated Memorandum of Understanding (MoU) designed to foster closer collaboration between the two regulators. The two regulators had a strong working relationship, founded on a common focus of supporting a safe, competitive, and efficient financial system.

The new MoU would enable both agencies to broaden the engagement model, emphasizing proactive information sharing and collaboration, increasing transparency further. The agreement would further strengthen the collaboration between the two Agencies, who have worked closely together during the COVID-19 pandemic issues, including resolution planning and authorizations on anti-competitive arrangements in the financial system.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/regulatory-technology-market-7343

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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