Connected Mobility Solutions Market COVID – 19 Outbreak, Market Overview, Applications Analysis and Growth by Forecast to 2027

 Market Overview

The connected mobility solutions market is growing at a rapid pace, mainly due to the proliferation of connected vehicles. The automotive industry is undergoing a major shift, embracing new mobility concepts that rely heavily on software, connectivity, and artificial intelligence. Resultantly, the demand for capabilities that can meet modern digital business needs is growing too. 

Changing government mandates for the development of safe, connected cars, electric vehicles, and autonomous vehicles boosts the market size. By 2022, all new vehicles are expected to be connected to the internet. There is significant value in using data from connected vehicles to derive insights and intelligent solutions for various stakeholders in the mobility ecosystem. Subsequently, recent upgrades in connected mobility solutions foster the market valuation.

Market Research Future (MRFR) states that the global connected mobility solutions market is expected to witness significant gains by 2027, registering an impressive CAGR throughout the review period (2020 – 2027). Additionally, the rising demand for smarter mobility by organizing trillions of data points for vehicles globally, across multiple brands, makes & models, and then standardizing & enhancing those streams of data on a vast scale pushes the market growth. 

 

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Global Connected Mobility Solutions Market –Segments

The connected mobility solutions market analysis is segmented into technology, application, connectivity, and region. The technology segment is sub-segmented into Wi-Fi, Bluetooth, 4G/LTE and 5G. The application segment is sub-segmented into navigation and telematics.

The sub-segment navigation is further bifurcated into road & vehicle monitoring, real-time data capturing & management. The sub-segment telematics is further bifurcated into in-car, car-to-car, and car-to-infrastructure.

The connectivity segment is sub-segmented into tethered connectivity, integrated connectivity, and embedded connectivity. By regions, the market is sub-segmented into the Asia Pacific, Americas, Europe, and rest-of-the-world. 

Global Connected Mobility Solutions Market – Geographical Analysis

North America leads the global connected mobility solutions market. The largest market growth attributes to the increasing adoption of the internet of things and automobile companies in the US and Canada in this region. Moreover, the rising efforts of automakers in discovering new technologies to eliminate accidents and give a safe journey experience influence the region’s market share. 

Large technological advances and the presence of various connected mobility solution providers in the region influence the market growth. Besides, the futuristic infrastructure in the region drives the market growth, bringing about advanced connected mobility platforms. 

Europe stands second in the global connected mobility solutions market. The market is driven by rising technical expertise and enormous investments in developing technologies and integrated connectivity and embedded connectivity. Additionally, rapid advances in digital technology and increasing demand for connected mobility solutions positively impact regional market growth. 

The Asia Pacific connected mobility solutions market is emerging as a promising market globally. Factors such as the augmenting demand for connected mobility solutions from the automotive sectors and increasing adoption of smart & electric vehicles among people drive the regional market growth. Connected mobility solutions markets in China, Japan, and India are growing exponentially, increasing the overall share of the regional market.

Global Connected Mobility Solutions Market – Competitive Analysis 

Fiercely competitive, the connected mobility solutions market witnesses a large presence of notable players. Players focus on product development and incorporate strategic approaches, such as collaboration, mergers & acquisitions, product launch, and expansion to gain a larger competitive share. They make substantial investments to drive R&D for the development of required technologies and expansion. 

Major Players: 

Players leading the global connected mobility solutions market include Robert Bosch GmbH (Germany), Mitsubishi Motors Corporation (Japan), Siemens AG (Germany), Nokia Networks (Finland), Cisco System Inc (US), Molex Incorporated (US), HUBER+SUHNER (Switzerland), Deutsche Telekom AG (Germany), and NXP Semiconductors NV (Netherlands), among others.

Industry/Innovation/Related News:

March 26, 2021 ---- IT services major Cognizant Technology Solutions Corp. announced the acquisition of Germany-based ESG Mobility, a digital automotive engineering solutions provider for connected, autonomous and electric vehicles. The acquisition would expand Cognizant’s automotive engineering expertise, particularly in connected vehicles.

March 24, 2020 ---- Goodyear announced its plans to expand its new mobility development efforts through new collaborations with a US-based connected-car technology company and a European car-rental firm specializing in electric vehicles. The collaboration in the US is with San Francisco-based Voyomotive L.L.C., allowing Goodyear to pilot tire-monitoring solutions for more efficient vehicle operations. 

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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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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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Commerce Cloud Market Trends, COVID – 19 Outbreak, Market Synopsis, Market segments and Regional analysis by Forecast 2027

 Market Synopsis 

As per the latest study by Market Research Future Reports (MRFR), the global commerce cloud market is projected to value USD 25.2 billion, with a promising CAGR of 22.7% by the end of 2027.  The rapid adoption of commerce cloud across the various enterprises is the major factor driving the global commerce cloud market 2020. There has been an inclination towards e-commerce from the past few years, which is estimated to be a significant factor driving the global commerce cloud market.  Besides, there has been a rise in the adoption of AI in carrying out commercial ventures. In addition, there has been a rise in demand for a tool to analyze and collect data pertaining to the consumer’s purchasing preferences, which has propelled the market significantly. Besides, the commerce cloud is not complex and easy to maintain. Hence the demand has been surging. However, the hesitation to adopt the cloud-based technology is anticipated to be a restraining factor. 

The research performed by MRFR tracks the aftermath of the COVID-19 pandemic. Furthermore, a precise evaluation of factors augmenting and impeding the market in the post-COVID-19 environment has been analyzed. We will provide COVID-19 impact analysis with the report. 

 

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Market Segmentation 

The global commerce cloud market can be segregated on the basis of component, service, enterprise size, application, installation platform, and region.

Based on components, the global commerce cloud market can be classified into B2B Commerce Cloud and B2C Commerce Cloud.

Based on service, the global commerce cloud market can be classified into Training and Consulting, Support and Maintenance, and Integration and Deployment.

Based on enterprise size, the global commerce cloud market can be classified into Large Enterprises and Small and medium enterprises.

Based on application, the global commerce cloud market can be classified into Electronics, Furniture, and Bookstores, Quick Service Restaurants, Beauty and Cosmetics, Fashion and Apparel, and others.

Based on the installation platform, the global commerce cloud market can be classified into 

Based on the region, the global commerce cloud market can be classified into North America, Middle East & Africa, Asia-Pacific, Europe, and South America. 

 

Regional Analysis 

The geographical analysis of North America, the Middle East & Africa, Asia-Pacific, Europe, and South America has been conducted. As per the analysis, North America is estimated to acquire the largest market share. The region consists of several established players, which allows the region to have the upper hand. The analysis has revealed that Europe is flourishing due to the SMEs adopting the technology. Besides, the region is experiencing an exponential increment in e-tailing. 

Furthermore, the APAC region is estimated to expand at the fastest pace during the forecast period. The enterprises of the APAC region are adopting cloud technology at a fast pace, which is further expanding the regional market. 

In MEA, the major contribution is made by Israel and South Africa. The countries are adopting the latest technologies and making efforts to strengthen the market. On the other hand, South American countries are adopting cloud technology and boosting the regional market. SMEs are willingly adopting cloud technology. 

However, the outbreak of COVID-19 is likely to change the market dynamics of several regions.

 

Key Players 

The forefront players of the global commerce cloud market are Apttus Corporation, 2Checkout, BigCommerce Pty. Ltd, commerce tools GmbH, Episerver, Digital River, Inc., Elastic Path Software Inc, Verve Industrial Protection, IBM Corporation, Kibo Commerce, Adobe Incorporated (Magento), Oracle Corporation, Salesforce, SAP SE, Shopify, Infosys (SKAVA), Unilog Content Solutions Pvt. Ltd, VTEX, and a few others. 

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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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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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Cloud micro services Market COVID – 19 Outbreak, Leading Growth Drivers, Market Synopsis, Segments, Regional Analysis Till 2027

 Market Synopsis 

The data analysts at Market Research Future Reports (MRFR) have conducted a thorough analysis of the global cloud micro services market is estimated to value USD 2,146.7 million, thriving at a CAGR of 25% during the assessment period. The growing number of microservices architecture is anticipated to affect the global cloud microservices market 2020. Besides, the increasing demand for secured IT operations and cheap cost methods have further led to market expansion. Furthermore, the inclination of enterprises towards the private cloud for data security is projected to play an important part in market expansion. Also, the growing need to minimize the on-premise IT deployment cost is another pivotal factor leading to the growth of the market. However, insufficient technical expertise and the expenses related in the initial stage are anticipated to refrain the market from expanding.

However, the outbreak of COVID-19 has resulted in a pause in the daily operational activities of the global cloud microservices market. The offices have been temporarily shut to contain the spread of coronavirus. Thorough research is being carried out on the impact of coronavirus on the worldwide market. We will provide an impact analysis report on COVID-19.

 

Market Segmentation 

The worldwide cloud microservices market can be distinguished on the basis of organization size, component, deployment, verticals, and geography. 

On the basis of organization size, the worldwide cloud microservices market can be distinguished into large enterprise and small and medium-sized enterprises.

 On the basis of component, the global cloud microservices market can be distinguished into platform and services.

On the basis of deployment, the worldwide cloud microservices market can be distinguished into the public cloud, private cloud, and hybrid cloud.

On the basis of verticals, the worldwide cloud microservices market can be distinguished into healthcare, retail and e-commerce, media & entertainment, IT & telecommunication, BFSI, government, transportation and logistics, and manufacturing.

On the basis of geography, the worldwide cloud microservices market can be distinguished into North America, Europe, Asia-Pacific, and Rest of the World (RoW).

 

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Regional Analysis 

The global market is estimated to expand significantly during the assessment period. Thorough research of North America, Europe, Asia-Pacific, and Rest of the World (RoW) has been performed. As per the study, North America is estimated to dominate the global market. It is one of the most lucrative markets, and besides, it is also one of the early adopters of microservices architecture. Several sectors are relying on technology and are actively adopting cloud microservices. Europe attains the second position. Europe is a potential market and generates a significant amount of revenue during the assessment period. The most significant factor resulting in the market expansion is the presence and participation of the developed economies such as the UK, and Germany. On the other side, the APAC region is anticipated to be the fastest-growing region. The most pivotal factor leading to market expansion is the deployment of several organization in the APAC region due to the cheap cost in providing services to customers. 

However, the market dynamics are estimated to be affected significantly due to the outbreak of COVID-19. Several regions have been affected due to the observation of lockdown. 

 

Key Players 

The established players of the global cloud microservices market are Software AG (Germany), CA Technologies, Amazon Web Services (US), IBM Corporation (US), Salesforce.com Inc (US), Microsoft Corporation (US), Infosys Limited (India), Syntel (US), Oracle Corporation (US), SmartBear Software (US). The other players contribute 30-35% in the cloud microservices market. Some of them are CoScale (Belgium), Contino (UK), Idexcel (US), Macaw (US), Kontena (Finland), Marlabs (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.

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BYOD Security Market COVID – 19 Analysis, Top impacting Factors, Segmentation, Regional Outlook Forecast 2027

 Industry insight

The global BYOD security market 2020 is estimated with a valuation of USD 69 Billion by the year 2027, according to the report found by Market Research Future. The report also states that the market is set to grow at a rate of ~37% during the assessment period.

Top Impacting Factors

BYOD is known by “Bring Your Own Device.” In current times, employees are accepting personal mobile gadgets such as smartphones, tablets, PCs at the workplace to complete work through efficiently. In the existing working environment, every company wants its employees to be more productive as well as healthier networks with the safety of corporate data. The usage of personal devices at the workplace can surge the productivity of the employees simultaneously raises the risk of data leaking. All these factors have made the market of BYOD security more valuable than previous years that could make growth possibilities higher in the forecast period. 

The implementation of BYOD security systems aided in preserving an organization's intellectual property by avoiding cyber attacks. It also facilitates employees in taking optimal advantage of working from convenient locations. This factor is also motivating the market growth for the assessment period. In fact, a more significant number of business firms, across the world, are also promoting the application of these systems, thereby facilitating the employees to carry their own devices. It also encourages the employees to make quick decisions and access real time data easily. Besides, it also aids in accessing relevant data by the deployment of effective security solutions. All these factors have profoundly contributed to the growth of the global BYOD security market. 

Over these factors, more factors such as escalating demand for smartphones is anticipated to propel BYOD security market growth. A large number of employees are likely to prefer and carry out work-related tasks such as accessing and sending emails. This is predicted to ensure employee productivity independent of the work location. Security risks are also high in case of theft or loss of the device. Some attributes such as lightweight and compact size tablet phones are likely to lead the market on the path of replacement of laptops with tablet phones for carrying out business tasks.

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Segmentation of Market: BYOD Security

BYOD security market, as per segmental analysis has included the segments of device, security solution, software, and end-user. 

Among the device type segment, the global BYOD security market has included smartphones, tablets, and laptops. Out of which, smartphones and tablets are likely to be more and more critical for the global BYOD security market over the assessment period owing to its growing use by employees working remotely.

Among the software segment, the global BYOD security market has included mobile device security, mobile data security, and network security.

Among the security solution segment, the global BYOD security market has included mobile application management, mobile device management, mobile identity management, and mobile content management.

Among the end-user segment, the global BYOD security market has included large enterprises and small & midsized enterprises.

Regional Outlook

North America is to be expected to lead the regional market for BYOD security over the assessment period owing to the expanding demand for BYOD policies in the region. Employers in the region are ever more adopting BYOD policies in order to save charge on workplace equipment and maintenance. The mounting development of advanced telecommunications systems in North America is also anticipated to be a key driver for the BYOD security market in the region, as this facilitates the easy adoption of BYOD policies in several countries. Several leading internet security market players are also based out of North America, leading to the smooth growth of the BYOD security market in North America over the assessment period.

In fact, the Europe region is also likely to retain a lead share in the global BYOD security market over the forecast period owing to the rising demand for BYOD working policies in the region.

The mounting corporate sector in the Asia Pacific region and the increasing availability of advanced telecommunications solutions to activate BYOD operations smoothly is to drive the Asia Pacific market for BYOD security solutions over the forecast period. Asia Pacific is also likely to exhibit the fastest growth in the global BYOD security market over the assessment period.

Top Market Players

The foremost players in the global BYOD security market are listed as IBM, Hewlett Packard Enterprise, Symantec Corporation, Avaya Inc., Cisco Systems, Good Technology Corporation, Fortinet Inc., VMware Inc., Mobileiron Inc., and Citrix Systems Inc.

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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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Block chain-as-a-Service Market COVID – 19 Analysis, Market Highlights, Key Segments, Regional Analysis and Forecast till 2027

 Market Highlights

Blockchain is a revolutionary technology that has created a major impact on the financial sector and digital identification in North America and Europe. With increasing globalization, transactions have become more cumbersome. For any monetary transaction, the involved parties in the transactions need to have mutual trust— a buyer and a seller. For the same, a traditional sales process includes a load of paperwork, an intermediary, and high cost. However, in Asia-Pacific countries, the companies are eagerly shifting their preference towards simplifying their business processes while eliminating middlemen. Blockchain-as-a-service holds the potential to transform the government sector in resolving the challenges associated with data transactions faced in government operations. Furthermore, the key retail firms in countries such as the US, the UK, Germany, France, and India are collaborating with blockchain service providers to develop a platform that uses blockchain technology to track the origins of raw materials across global supply chains. Moreover, the government of the Netherlands has launched more than 25 blockchain trials. Dutch banks, energy companies, pension funds, and the Port of Rotterdam are all testing the digital ledger technology providing the Netherlands with high opportunity in different sectors and industries.

Key Players

MRFR recognizes the key players in the global Blockchain-as-a-Service market as – Cognizant, Infosys Limited, Capgemini SE, NTT Data Corporation, Huawei Technologies Co. Ltd., HPE, Baidu, Inc., Tata Consultancy Services Limited, KPMG, Wipro Limited, IBM Corporation, Microsoft Corporation, SAP SE, Amazon Web Services, Oracle Corporation, Accenture PLC, and Deloitte Touche Tohmatsu Limited.

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The prominent players keep innovating and investing in research and development to present a cost-effective product portfolio. There has been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.

Key Segments

By platform, the current market is dominated by the Ethereum platform segment. Hyperledger platform is expected to grow at a higher rate in the forecast period.

By components, the services segment accounts for a larger market share and is expected to grow at a higher CAGR in the coming years.

By cloud, the public cloud segment accounts for the largest market share; it is expected to grow at the highest rate during the forecast period.

By organization-size, the market is dominated by large enterprises, however, the SMEs segment is expected to grow at a higher rate.

By application, the payment management application accounts for the largest market share and identity management application is expected to grow at the highest rate.

By vertical, the BFSI vertical accounts for the largest market share and the retail and e-commerce segment is expected to adopt BaaS solutions and are expected to register the highest CAGR during the forecast period.

Regional Analysis

The global market for Blockchain-as-Service is estimated to grow at a significant rate during the forecast period from 2018 to 2024. The geographical analysis of Blockchain-as-Service market has been studied for North America (the US, Canada, Mexico), Europe (the UK, Germany, France, Spain, Italy, the rest of Europe),  Asia-Pacific (China, Japan, India, Singapore, Australia, the rest of Asia-Pacific) and the rest of the world (the Middle East and Africa and South America).

Among these, the North America region dominates the market due to the presence of key market players such as IBM Corporation, Microsoft Corporation, Amazon Web Services, Oracle Corporation, HPE and others offering cloud-based blockchain-as-a-service solutions which are accelerating the market growth in this region. Countries such as the US, Canada, and Mexico are expected to witness growth in the adoption of BaaS to streamline critical business processes such as payments, supply chain, transportation, logistics, and auditing. North America region is expected to experience a surge in various trends such as 5G, transactive energy, and micro-grids during the next five years. In 2018, RealChain and North America Blockchain Association (NABA), a non-profit organization, collaborated to promote the technology to identify fake high-end luxury products using blockchain and AI-based image recognition.

Europe accounted for the second-largest market share owing to government support in prioritizing the adoption of blockchain for the future of financial transactions and data storage across the European countries. Increasing adoption of BaaS in BFSI and retail & e-commerce sector in countries such as the UK, Germany, France, Sweden, the Netherlands, and Switzerland drives the market growth in this region. Rise in the spending in research projects by the European Union in the field of blockchain technology is also another factor which is expected to drive the market in the coming years. In April 2018, 22 countries of the European Union declared a European Blockchain Partnership (EBP) to establish European Blockchain Services Infrastructure (EBSI) to support the delivery in cross-border digital public services including a high standard of security and privacy. Blockchain companies from the European Economic Area (EEA) will be able to conduct business through the fully-licensed, German Solaris Bank. Huge adoption of digital transactions creates an opportunity for having a nationalized blockchain-enabled registered system promoting market growth.

Asia-Pacific region accounted for the third-largest market share; it is expected to grow at a higher rate during the forecast period due to large scale adoption of BaaS solutions in the financial service sector that has also witnessed the highest rate of blockchain technology testing. Furthermore, significant investments by venture capitalists for research and development of this technology and increasing number of blockchain start-ups in the region also contribute to the blockchain-as-a-service market. Key market players have already established their customer base in countries such as China, Japan, India, South Korea, Australia, New Zealand, Singapore, Malaysia, and the Phillippines generating revenue for the BaaS market in this region. For instance, in 2017, State Bank of India (SBI) a government-owned bank partnered with BankChain and Intel to implement blockchain solutions that run on Hyperledger Sawtooth and Intel Software Guard Extensions (Intel SGX). The solution aims at increasing the efficiency of financial transactions without having to compromise on data confidentiality and transaction security.

South America and the Middle East & Africa region presents immense growth opportunities for key market players due to the growing need among organizations to improve their efficiency, agility, security, and integrity is expected to increase investments in blockchain technology. Various enterprises in countries such as the UAE, Bahrain, Saudi Arabia, Oman, South Africa, Nigeria, Brazil, Colombia, and Chile are rapidly adopting BaaS solutions with strong support from the government promoting the market growth. In April 2018, the UAE Government launched the Emirates Blockchain Strategy 2021, that aims at capitalizing on the blockchain technology to transform 50% of government transactions into the blockchain platform by 2021, promising the market growth in this region.

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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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Blockchain AI Market COVID-19 impact analysis, Market Analysis and Growth, Segmentation and Regional Analysis Forecast Till 2027

 Market Analysis

Market Research Future (MRFR) projects the global blockchain AI market size to expand at a significant pace from 2020 to 2027 (forecast period). Its latest report contains trends and niches expected to be relevant in the coming years.

 

Multiple Factors to Boost Market Growth

The growing demand for data monetization as it enables blockchain and AI technologies for smaller businesses is expected to drive demand for blockchain AI. Furthermore, the increasing usage of cloud-based technologies and the Internet of Things (IoT) is opening up new opportunities for blockchain AI solution providers. Blockchain AI improves data security, boosts trust in robotic decisions, aids in collective decision-making, and decentralizes intelligence. Blockchain AI provides a decentralized and scalable environment for diverse platforms, devices, and applications, as well as allowing connected devices to improve security and operational efficiency in ecosystems.

 

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The Global Market to Grow Amid COVID-19 Pandemic

The global escalation of the COVID-19 situation has had a huge impact on the blockchain AI market. The COVID-19 issue has posed enormous challenges to the world economy, hurting millions as a result of badly disrupted health, family, and poor financial conditions. For example, the World Health Organization (WHO) declared COVID-19 a global pandemic in March 2020, putting numerous countries on lockdown. Since governments around the world have imposed lockdowns as a result of the COVID-19 outbreak, commercial activity has been reduced, increasing reliance on online businesses to deliver necessary services to consumers. This factor has raised the need for blockchain AI since it delivers data security and robustness. End-users have been able to improve the efficiency of their systems by combining blockchain and AI. It streamlines business processes while boosting transparency and immutability and focusing on operational effectiveness. During the pandemic, this has generated an opportunity for vendors operating in the global blockchain AI market.

 

Market Segmentation

The global blockchain AI market has been segmented based on technology, component, applications, deployment mode, organization size, and vertical.

By technology, the blockchain AI market has been segmented into machine learning, natural language processing, context-aware computing, and computer vision.

By component, the blockchain AI market has been segmented into platforms/tools and services. 

By applications, the blockchain 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 others.

By deployment mode, the blockchain AI market has been segmented into cloud and on-premise.

By organization size, the blockchain AI market has been segmented into large enterprises and SMEs.

By vertical, the blockchain AI market has been segmented into BFSI, telecom & IT, healthcare & life science, manufacturing, media & entertainment, automotive, and others.

 

Regional Analysis

North America to Remain Dominant in the Global Market

North America dominated the blockchain AI market, followed by Asia Pacific and Europe; this dominance is likely to continue till the end of the forecast period. North America is an important market for blockchain and AT technologies. The highest market share was held by the United States, followed by Canada and Mexico. The United States has a considerable market share in North America due to key enterprises such as Figure Technologies, Ai-Blockchain, and AlphaNetworks making a name for themselves in the region.

 

Key Players

The key players in the global blockchain AI market are Fetch.ai (UK), Figure Technologies (US), LiveEdu (UK), Cyware Labs (US), Core Scientific (US), NetObjex (US), Ai-Blockchain (US), AlphaNetworks (US), Bext360 (US), Blackbird.AI (US), Synapse AI (US), Talla (US), Verisart (US), VIA (US), Vytalyx (US), Wealthblock.AI (US), BurstIQ (US), Chainhaus (US), CoinGenius (US), Neurochain Tech (France), Numerai (US), Computable (US), Finalze (US), Gainfy (US), Hannah Systems (US), Mobs (US), SingularityNET (Netherlands), Stowk (US), and Workdone (US).

 

Industry News

In June 2020, NetObjex absorbed VitalGrid to expand its digital transformation product and service offerings. This acquisition enables it to provide strategic insights to enterprise clients and turn them into digital automation solutions by using technologies such as IoT, AI, and blockchains.

 

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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

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Virtual CPE Market COVID – 19 Impact Analysis, market Analysis, Regional Analysis, Key Players analysis Forecast till 2027

 Market Analysis 

The virtual CPE market is predicted to touch USD 2600 million at a whopping 27% CAGR between 2020-2027, states the recent Market Research Future (MRFR) analysis. Virtual CPE, simply put, is an alternative means to deliver subscribers with broadband services where a major part of the CPE function is pulled in to the network of the operator and located adjacent the service edge. 

Various factors are adding to the virtual customer premises equipment (vCPE) market share. As per the current MRFR report, such factors include growing need for mobility, cost optimization benefit to maintain hardware, burgeoning need for cloud-based or virtual solutions, increasing use of virtual CPE network infrastructure, increasing use of internet technologies, and increasing complexity of networks. 

On the flip side, the lack of technical expertise, limited knowledge, and the threat to data security and reliability are factors that may impede the growth of the market during the forecast period. Besides, the ongoing COVID-19 impact has also affected the market growth to a certain extent and is likely to get back to normalcy soon. 

Market Segmentation

The virtual CPE market is segmented on the basis of solution, service, deployment, and application.

By service, the market is split into managed service & professional service. The professional service is again segmented into maintenance, consulting, support services, and integration services. Among these, professional services will spearhead the market over the forecast period. 

By solution, the market is split into virtual equipment solution, security, and compliance, infrastructure management, & others. 

By deployment, the market is split into a cloud-hosted CPE model & CPE model. 

By application, the market is split into enterprise applications & residential applications. Among these, the enterprise segment will have lions share in the market over the forecast period. 

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Regional Analysis 

Based on the region, the global virtual CPE market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, and the Rest of the World (RoW). Of these, North America will dominate the market over the forecast period. The presence of well-established economies, and increased use of SDN and NFV in telecom companies and data centers, use of advanced technology are adding to the global virtual CPE market growth in the region. Besides, higher adoption in enterprises and the established technological market is also adding market growth. The US holds the utmost share in the market. 

In Europe, the virtual CPE market will hold the second-largest market share during the forecast period. Increasing use of latest virtual CPE features is adding to the global virtual CPE market growth in the region. 

In the Asia Pacific region, the virtual CPE market is likely to develop at the highest CAGR over the forecast period. The growing need for cloud-based solutions and enterprise mobility, coupled with the rapid expansion of enterprises, is adding to the global virtual CPE market growth in the region. 

In the RoW, the virtual CPE market is projected to have sound growth over the forecast period. 

Key Players 

Leading contenders profiled in the global virtual CPE market report comprise AT&T, Inc (U.S.), Ericsson AB (Sweden), Dell, Inc (U.S.), Intel Corporation (U.S.), Orange Business Services (The Netherlands), International Business Machines, Corporation (U.S.), Verizon Wireless (U.S.), Cisco Systems, Inc (U.S.), Qosmos (France), and NEC Corporation (Japan). Other players include RAD Data Communications (Israel), Juniper Networks, Inc (U.S.), Lanner Electronics Incorporated. (Taiwan), Cloudify Platform Ltd (U.S.), Versa Networks, Inc. (U.S.), Hewlett Packard Enterprises (HPE) (U.S.), Criterion Networks, Inc (U.S.), Huawei Technologies Co., Ltd (China), Anuta Networks (U.S.), Brocade Communications System, Inc (U.S.), Accedian Networks Inc. (Canada), F5 Networks, Inc (U.S.), Arista Networks, Inc (U.S.), Ciena Corporation (U.S.), ALTEN Calsoft Labs (U.S.), ADVA Optical Networking SE (Germany), Fortinet Inc. (U.S.), and others. 

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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

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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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