Global Data Colocation Market Research Report|COVID-19 Impact, Research Report- Forecast till 2022

 Valued at USD 26 Bn in 2016, the market is expected to nearly double in value to reach USD 51 Bn by the end of 2022. MRFR has calculated the growth of the market at a CAGR of 12% during the assessment period.

Market Insights

Data colocation primarily refers to data centre services which are rented out to business to power services, storage, networking, cooling of services and various other computing services. Data colocation leases a variety of equipment required to support the physical infrastructure for computing. Market Research Future has studied the global data colocation market with great care to arrive at educated conclusions regarding the growth of the market over the forecast period from 2016 to 2022. Valued at USD 26 Bn in 2016, the market is expected to nearly double in value to reach USD 51 Bn by the end of 2022. MRFR has calculated the growth of the market at a CAGR of 12% during the assessment period.

Colocation data centres often serve as a connection point between on premise and on-cloud data centres. Various advantages of adopting data colocation are that it helps an organization save time, money and reduces the problems associated with on premise data centres which often demand constant maintenance. Another vital growth-promoting factor for the market is the capability of data colocation to enable enterprises to increase business potential by allowing them to focus on core activities. Moreover, data colocation provides access to central data storage, backups, environmental controls, firewalls, and security or hosting serves to name a few. The reduced need for constant maintenance is a strong driving factor of growth.

Notably, the market is challenged by the lack of availability of large locations close to organizations for the establishment of data centres. Moreover, companies often do not maintain complete control over servers which can be discouraging of adoption of data colocation.

Market Segmentation

The global data colocation market has been segmented on the basis of service type, components, end-users, and region. Service type available in the data colocation market has been segmented into small scale and large scale. Large scale businesses are more likely to avail of data colocation services.

Components have been segmented into network hardware, cooling units, server & storage, and others.

End-users of data colocation have been segmented to include banking & insurance, IT & telecom, healthcare, government, energy, and others.

Regions covered in the report include Europe, North America, Asia Pacific and the Rest of the World.

Regional Analysis

North America is likely to dominate the market due to the regions possession of the largest share of the global data colocation market. The region has an increasing number of data centre requirements in IT capacity. The presence of market leaders in the region who are using advanced infrastructural architecture to promote market growth will likely impact the data colocation market positively. Meanwhile, the Asia Pacific is expected to grow rapidly over the next few years due to the substantial increase in data production. Additionally, the European market carries great promise for the forecast period as there is a high growth opportunity in the region. Market leading players are increasing investments in Europe for the setup of data colocation centres. Market players like Facebook and Apple are investing in the setup of data colocation centres in countries like Denmark, Ireland, and Sweden.

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Geospatial Market Research Report|COVID-19 Impact, Worldwide Analysis, Competitive Landscape, Future Trends, Opportunities, Sales, Revenue and Regional Forecast till 2022

 Market Research Future (MRFR) published its latest report on the world geospatial market 2020 revealing drivers, limitation, opportunities, and trends of the market for the review period 2016 to 2022. The rise in the global geospatial market can reach USD 78 Bn on the conclusion of the assessment period by 2022. MRFR study states that world geospatial market can rise at 16.6% CAGR in the study period 2016 to 2022. The report elaborates growth drivers and propellers through segmental study and regional outlook.

Market Overview

MFRF identified the high demand for convergence of detection operations with mainstream technologies as the chief factor that can cause expansion of the world geospatial market. The high commoditization of geospatial data across numerous verticals can prompt the expansion of the world geospatial market. The increased utility of geospatial analytics with the assistance of artificial intelligence and high growing industrial expertise can boost the rise of the geospatial market.

The hike in geospatial solutions adoption to serve issues, such as security, surveillance, and safety purposes can prompt the expansion of the world geospatial market. The feasibility of geospatial analytics to curb operational and logistic costs among different enterprises can spur the expansion of the market. Geospatial analytics also assist government to spot crime scene and release alerts and sort related issues in case of natural disasters. These can prompt the expansion of the geospatial market.

Market Segmental Study

The segment study of the geospatial market is based on end-user, type, and technology. MRFR analysis is done carefully with the purpose to assist organizations to promote identify new targets and device programs. The type based segments of the geospatial market are geo-visualization, network analytics, surface analytics, and others. The technology based segments of the geospatial market are GPS, remote Sensing, and GIS. The end-users based segments of the geospatial market are utility & communication, business, government, defence & intelligence, natural resources, automotive, and others. The rise demand for geospatial surveying solutions across various sectors and their increased need for infrastructure improvement, along with the need for resources optimizing can bring in high revenue for the expansion of the market.

Regional Analysis

Provincially, MRFR studied the geospatial market across APAC, along with Europe and North America. In Asia Pacific region, the expansion of the geospatial market across North America can be due to robust infrastructural area. The regional market can hold the grand share of the world geospatial market in the review period. The growing rate of adoption of geospatial solutions and their application across different verticals can bolster North America geospatial market. The intense competition stirring among reputed players can be addressed as game changer for the geospatial market in the North America through the study period. In APAC, rise in infrastructural developments and high execution rate of smart projects can boost geospatial market.

Europe geospatial market can witness a sharp rise through the review period. The rise in need to introduce innovate technologies across the UK and the rest of EU can underpin the expansion of the market in the region. The development of GPS integrated smartphone solutions and the high penetration of modern technologies can spur the expansion of the Europe geospatial market in the years to come.

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Business Intelligence Market Research Report|COVID-19 Impact, Demand, Industry Size, Top Players, Opportunities, Sales, Revenue and Regional Forecast till 2022

 Market Research Future (MRFR), predicts that the global business intelligence market will grow at a CAGR of 11.03%m, reaching USD 34.3 billion by 2022 from USD 16.3 billion in 2016 during the forecast period 2016-2022.

Market Overview

Organizations are increasingly turning to Business Intelligence (BI) to address the challenges of business decisions posed by vast amounts of data. Business intelligence includes technologies, applications, infrastructure and tools, and best practices that enable access to and analysis of information to support informed business decisions. Business Intelligence equips organizations with the advantages of faster decision making, real-time performance measurement, greater insights into customer behaviour, better quality of information, better estimation of threats and opportunities, increased sharing of information and improved efficiency, enhanced communication, quick response to changes in financial conditions and supply chain operations, reduced equipment downtime, and others. The drivers of the global business intelligence market are numerous, however, growing adoption of data analytics by organizations across the globe, the emergence of IoT-enabled technologies, and increasing usage of data analytics remain the principal drivers of the market. The increase in quantity and variety of large volume of data produced by organizations has increased the need for business intelligence tasks.

 Moreover, with the rise of mobile-based applications, there has been an emerging demand for mobile analytics business intelligence.

Market Research Future (MRFR), predicts that the global business intelligence market will grow at a CAGR of 11.03%m, reaching USD 34.3 billion by 2022 from USD 16.3 billion in 2016 during the forecast period 2016-2022.

The main barriers to the adoption of BI are cost and complexity. Departmental silos remain one of the principal obstacle along with other factors such as employee resistance to adoption of new technology, lack of CIO participation in decision making, lack of expertise to utilize the technology to its fullest potential. Even though the barriers to adoption of business intelligence are many and significant, implementation of BI has facilitated businesses make improved business decisions over accurate data.

Segmentation

The global business intelligence market has been segmented based on technology, service, component, deployment, organization, and industry. By technology, the market has been segmented into mobile BI, cloud BI, social BI, and others. By service, the market has been segmented into managed service, hosted service and others. By deployment, the market has been segmented into on-cloud and on-premises. By organization, the market has been segmented into telecom & IT, education, manufacturing, retail, banking and others.

Regional Analysis

North America leads the market for business intelligence. Presence of major industry players in the region, intense R&D activities in the field of technology, increasing competition, and evolving trend of data proliferation aids the growth of the market in North America. Asia-Pacific holds potential growth opportunities and is estimated to manifest high growth during the forecast period owing to ongoing industrialization and advancements in the field of technology in the region.

Competitive Analysis

The global business intelligence market is highly competitive and organized with few well-established players leading the market. Some significant players include Rackspace (U.S.), SAP SE (Germany), Microsoft Corp (U.S), Juniper Networks (U.S.), Verizon wireless (U.S.), Cisco Systems (U.S.), SAS Institute (U.S), AT&T (U.S), IBM Corp. (U.S.), and VMware (U.S.) among others. These major players are adopting various strategies such as acquisitions, collaborations, mergers, partnerships, product launches, product updates to gain a substantial competitive edge over business rivals.

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Building Information Modelling (BIM) Market Research Report|COVID-19 Impact, Business Revenue, Future Scope, Market Trends, Key Players, and Forecast till 2023

 MRFR analysis reveals that the world market of building information modelling can rise at 14.9% CAGR through the assessment period (2017 to 2023). 

Market Overview

Market Research Future (MRFR), reveals in its newly published report on the world-building information modelling (BIM) market 2020, different factors that can prompt the expansion of the market. The report shed light on drivers and limiting factors of the BIM market that can equip business people to take better decisions. MRFR analysis reveals that the world market of building information modelling can rise at 14.9% CAGR through the assessment period (2017 to 2023). In recent times, rise in the tangibility of mega infrastructure projects across the globe can impel the building information modelling market in the review period. The rise in the demand for industrial space expansion can lead to the expansion of the worldwide market of building information modelling. Meanwhile, the high rate of deployment of BIM across the transportation sector to upgrade road and railways infrastructure and services can prompt the building information modelling market rise in the near future. BIM allows engineers and builders to access the digital database of construction sites, which aid in the modification of designs as per needs. Smart technologies, such as BMI can simplifying building and construction procedures, plus the ongoing cloud-based management and 3D laser trends can improve the impetus of the BMI market.

Segmental Outline

The segment study of the world BIM market is based on end-user, industry, product, and project lifecycle.

The product segments of the BIM market are BIM Project Management, BIM Software, and BIM Training services. The BIM software segment can earn an annual revenue of above USD 1300 Mn by 2023. The segment can rise at 16.2% CAGR through 2017 to 2023. Developer investors are putting high amount for effective innovations that can add a competitive advantages to its end users.

The project lifecycle segments of the building information modelling are construction, operation, and pre-construction. The pre-construction segment can cause the BIM market to thrive at 14.9 % CAGR and generate above USD 1400 as annual income by 2023. The rise in the need for smart building development can prompt BIM adoption to improved pre-construction standards. 

The end user segments of the building information modelling market are architects, government, and engineers. The engineers segment of the market can rise at 14.4% CAGR and cause revenue generation that can exceed USD 1300 Mn by 2023. The high BIM solutions application to access digital database can establish the expansion of the firm constructions companies to spur the growth of BIM market by 2023.

The industry-based segments of the BIM market are industrial, healthcare, oil & gas industries, entertainment, residential, sports, commercial, and others. The commercial segment can improve market valuation by the end of the review period. By 2023, the BIM market value can surpass USD 744 Mn at 18.3% CAGR.

Regional Outlook

North America building information modelling market can value at USD 1350 Mn at 11.2% CAGR by 2023, reveals MRFR analysis. In Europe, the building information modelling market can rise at 17% to produce annual revenue that can exceed USD 1180 Mn by 2023. The high disposal income of people in the region, plus the increased infrastructural development across these regions can impel the rise of the regional building information modelling market in the near future. In Asia Pacific, the building information modelling can rise due to the growing smart cities in the area.

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API Management Market Research Report|COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2022

 The key players of global API Management market report include IBM Corporation (U.S.), Microsoft Corporation (U.S.), Akana, Inc. (U.S.), CA Technologies, Inc. (U.S.), Cloud Elements, Inc. (U.S.), Hewlett-Packard Enterprises Co. (U.S.), Mashape Inc. (U.S.), MuleSoft, Inc. (U.S.), Oracle Corporation (U.S.), RedHat, Inc. (U.S.), SAP SE (Germany), and others are profiled in MRFR Analysis and are at the forefront of competition in the global application programming interface management market.

Overview

Application programming interface management is the procedure of publishing, documenting and supervising application programming interfaces in a secured, scalable environment. One of the major driver contributing to the growth of the application programming interface management market are mobility and application proliferation, increasing number of mobile subscribers, the rising social media applications, growing demand for private and public APIs, increasing popularity of web APIs, increasing advancements of internet of things and big data. Application programming interface management permits an enterprise to publish an application programming interface to observe the lifecycle and the needs of the application creators.

The application programming interface software can be made in-house or can be purchased as a service. An application programming interface delivers numerous functions. These functions can be automation and connections between an application programming interface and the applications. This ensures the consistency between multiple interface applications and simultaneously monitor traffic from individual applications. However, data security, legacy investments in SOA and performance monitoring by skilled professionals are hindering the growth of the market.

Industry News

December 2017, Telefonica Selects CA Technologies for API Management. Telefonica recently deployed CA Technologies’ API Management to support more than 200,000 internal and external services on the infrastructure. The API Management tools will be used for the needs of integration and securing business systems. CA Technologies’ API management tools enable enterprises and telecom companies to bring in house application development and launch technical support applications for their customers.

December 2017, Microsoft Tackles Vehicle Fleet Management With New Bing Map APIs. Microsoft has released three new fleet management APIs for Bing Maps that developers can use to create applications for transportation companies and other vehicle fleet managers that value precise travel guidance and tracking. The APIs can be used by commercial vehicle fleet managers to avoid potentially dangerous road hazards and keep better track of their drivers.

December 2017, Cloud Elements API Hubs to Deliver 20 New API Connectors for Axway AMPLIFY™ Platform. Cloud Elements, announced a strategic partnership with Axway, to deliver 20 new connectors for the API Builder in the Axway AMPLIFY platform, enabling the delivery of immersive digital experiences. The partnership will help enterprises accelerate connectivity to applications for new ecosystem-driven business models and revenue streams.

December 2017, Google Pushes for Adoption of Newer Android Device Management APIs. Google wants enterprises to accelerate adoption of some of the company's more modern Android mobile device management technologies. Google added several new security capabilities that it has integrated into Android Oreo, the latest version of its mobile operating system.

November 2017, Aapi Debuts New Portal that Makes APIs Easy with Unified Developer API Platform. Aapi, Inc., an innovative software company that enables rapid software application development, has launched a new portal that provides a single source for developers to create API success. Aapi research shows that by providing everything needed for API integrations in a single platform that organizations can lower software development costs by a factor of 10 while providing developers a world-class user interface and workflow tools.

Segmentation

Segmentation by Component: Solution, Services (training, consulting, integration, security & maintenance).

Segmentation by deployment: Cloud based, on premise.

Segmentation by region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Regional Analysis

The IT industry is at a boom in North America. This region is accounted for the largest market share because of technological advancements and presence of various cloud service providers in the region. For API management, the cloud service providers turn to be a major game changer as these provide the enterprise with an ability to store, use and manage the application interfaces remotely. Additionally, due to the flexible pricing of cloud as a service, their application for API management is increased. Most of the big enterprises in this market are implementing API’s into various industrial applications such as automotive & transportation, healthcare and medical and even for smartphones. However, Asia Pacific region is expected to grow at a rate comparable with Europe during the forecast period.

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Self-Service Analytics Market Research Report- Global Forecast 2022, Global Trends, Size, Share, COVID – 19 Outbreak, Industry Segments, Regional Study, Top Key Players Profiles and Future Prospects

 The global self-service analytics software market is poised to capture an impressive CAGR of 20% over the forecast period of 2016-2022, projects Market Research Future (MRFR) in a detailed research report. Enterprises are increasingly embracing self-service analytics to bring capabilities to business users of all levels.

Market Overview

High demand for analytics in data interpretation is one of the preliminary factors driving the growth of the self-service analytics market. Business is increasingly shifting towards self- service analytics from the traditional business intelligence tools which makes them concentrate on more strategic concerns. Colossal amounts of data which are heterogeneous in nature and come from multiple sources are complex and unstructured which requires advanced analytics to gain deep business insights. The dearth of analytics experts is a significant factor driving the growth of the market. By leveraging self-service analytics, analysts can be freed from servicing basic requirements, and it also helps in reduction of high value-high cost resources. Expanding volumes of business data and the need for in-depth business insights drive the global self-service analytics market. On the downside, factors such as privacy and security concerns, the high cost of deployment, and lack of proper data are restraining the growth of the market.

Segmentation

The global self-service analytics market has been segmented based on software tool, service, company size, deployment, and industry. By software tool, the market has been segmented into Tableau, SAS, Logi Analytics, Qlik, and others. By service, the market has been segmented into Business user, Consultants, and Corporate IT Professionals. By company size, the market has been segmented into Large Business, Small and Medium Business. By deployment, the market has been segmented into on-premises and on-cloud. By industries, the market has been segmented into BFSI, healthcare and retail, IT& Telecommunication and others.

Regional Analysis

The key markets of the global self-service analytics market include North America, Europe, Asia Pacific, and the Rest of the World. North America is dominating the global self-service analytics market. Early adoption of latest technologies, the concentration of major players in the region, and a well-developed IT sector in the region support the growth of the market. Europe is the second largest market owing to high focus on innovations obtained from R&D. Asia Pacific market for self-service analytics is expected to exhibit high growth over the forecast period due to the rapid adoption of latest technologies across various industry verticals.

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Global Platform as a Service Market Research Report- Forecast 2022, Global Trends, Size, Share, COVID – 19 Outbreak, Industry Segments, Regional Study, Top Key Players Profiles and Future Prospects

 Market Research Future (MRFR)’s latest study reveals that the global platform as a service market is projected to grow saliently at a CAGR of 26% during the forecast period 2016 to 2022. The market is expected to reach a value over USD 12 Bn by the end of the assessment period.

Market Insights

The increased penetration of software technology has accelerated revenue creation for the participants of the platform as a service market. PaaS models enable the users to create software applications easily by using tools delivered by the cloud provider. The increasing need for the integration of software applications for profit making in business is likely to propel demand in the platform as a service market.

PaaS ensures cost effectiveness by cutting down costs related to purchasing of a server, software licenses, and additional hardware for developing and managing applications. This, in turn, is projected to catapult the platform as a service market on an upward trajectory.

Other factors responsible for the growth of the market include increasing adoption of cloud-based services and IoT technology among SMEs, technological advancements, growing demand for application development, etc. However, factors such as data security, customer captivity, and limited flexibility are set to hold the market expansion across the review period.

Market Segmentation

By deployment, the platform as a service market has been segmented into public, private and hybrid cloud.

By type, the global platform as a service market is segmented into application, integration, and data management.

By end-user, the platform as a service market has been segmented into banking & financial sector, government & public sector, healthcare & life sciences, education, consumer goods & retail, and, telecommunications & IT.

Regional Analysis

By region, the global platform as a service market has been segmented into North America, Europe, Asia, and Rest of the World (ROW). North America is likely to retain its dominant position over the forecast period. The key factor responsible for driving growth in the region includes the high-adoption rate of cloud-based services. The trend is likely to perpetuate across the next few years. Meanwhile, the concentration of key players such as Google, Inc. (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), etc. are poised to encourage the market proliferation.

Asia Pacific is anticipated to remain a highly lucrative market throughout the review period. The growth in the region is attributable to high growth in cloud services & big data, telecom and IT sectors, etc. Europe is projected to register a healthy CAGR in the platform as a service market due to increased adoption of cloud services by many SMEs & VSMs with higher enterprise engagement at the application level.

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