Smart Contracts Market COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2027

 Global Smart Contracts Market, By Blockchain Platform (Bitcoin, Sidechains, NXT, Ethereum), By Technology (Ethereum, Rootstock (RSK), Namecoin, Ripple) By End – User (Banking, Government, Management, Supply Chain, Automobile, Real Estate, Insurance, and Healthcare).

Market Overview

The global smart contracts market is predicted to touch USD 300 million at a whopping 32% CAGR between 2020- 2027 states the recent Market Research Future (MRFR) analysis. Smart contracts, simply put, are programmable contracts that allow the verifiable, immutable, and secure records of every contract and transaction. Multisig authentication ability, oracle inputs, and programmability are some of its key features. It has wide applications in healthcare, automobile, insurance, management, government, real estate, supply chain, and banking.

Various factors are propelling the global smart contracts market share. As per the current MRFR report, such factors include increasing use of smart contracts in different industries like real estate, insurance, government, banking, and supply chain, the rising popularity of blockchain technology, fall in operational cost due to use of blockchain technology, presence of excellent digital characteristics, user-friendly, offers transparent agreements between records and parties, freedom of autonomy, and sufficient backup & safety. 

On the contrary, scarcity of expertise, lack of awareness, and the recent COVID-19 impact are factors that may limit the global smart contracts market growth over the forecast period.

Segmental Analysis

The MRFR report provides an inclusive segmental analysis of the global smart contracts market based on the blockchain platform, end users, and technology. 

By blockchain platform, the global smart contracts market is segmented into ethereum, bitcoin, NXT, and sidechains. Of these, the ethereum segment will lead the market over the forecast period for its high preference owing to its being a highly advanced coding as well as processing tool. 

By technology, the global smart contracts market is segmented into namecoin, ripple, ethereum, rootstock (RSK), and others. 

By end user, the global smart contracts market is segmented into healthcare, automobile, insurance, management, government, real estate, supply chain, and banking. 

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Detailed Regional Analysis 

Based on the region, the global smart contracts market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW). Of these, Europe will lead the market over the forecast period. Rapid digitalization in European industries and several European companies integrating digital solutions for increasing their competitiveness are adding to the global smart contracts market growth in the region. In this region, market players are focusing actively on implementing strategies and on product innovation, which enables them to consolidate their market position. Most companies are investing in mergers & acquisitions too. Besides, collaborations and partnerships have also increased, which is adding to the market growth. 

This is followed by North America, which is predicted to have substantial growth over the forecast period. Increasing adoption of digitalization in Japan, the UK, the US, and China, coupled with the presence of top blockchain technology providers, is adding to the global smart contracts market growth in the region. Besides, the new entrants and the various diversified and dynamic national & global organizations form a crucial part of the competitive landscape in the market. The US has the largest share in the market for the presence of a huge IT sector. 

The global smart contracts market in the APAC region is predicted to grow at a fast pace during the forecast period, and that in the RoW is predicted to have sound growth over the forecast period. 

Competitive Analysis

Eminent players profiled in the global smart contracts market report include GoCoin Pte. Ltd (Singapore), BitPay, Inc (U.S.), Coinify ApS (Denmark), Chain, Inc. (U.S.), BlockCypher, Inc (U.S.), Bitfinex (Hong Kong), Coinbase, Inc (U.S.), Blockstream Corporation (U.S.), Monetas (Switzerland), and Monax Industries Limited (U.K.), among others. Industry players have encompassed strategies such as acquisitions, mergers, joint ventures, collaborations, partnerships, strategic alliances, contracts, extensive R&D, new product launches and new product development, and geographic expansions to stay at the forefront and also cater to consumers growing needs. 

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Global Advanced Persistent Threat (APT) Protection Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers Forecast To 2027

 Market Overview

According to Market Research Future, the global advanced persistent threat (APT) protection market has been segmented based on component, organization size, deployment, vertical, and region/country.

The advanced persistent threat or APT is a methodology that depicts cyberattack campaigns initiated by unethical hackers to steal sensitive information over the organization’s digital platform. Usually, these organizations include either enterprises with expansive business operations or governing bodies that hold confidential information, including intellectual property, employee/citizen personal information, and so on. Carrying out these cyberattacks needs much more resources than attacking a standard web application attack. These include highly experienced unethical hackers backed with strong financial support. Additionally, the unethical hackers are sometimes funded by the governing organizations that utilize APT as their cyber weapon. Furthermore, the advanced persistent threat protection requires a multi-dimensional method that combines network administrators, security providers, and individual users in traffic monitoring, application & domain whitelisting, access control, bad bot protection, and web application firewall. The strategy adopted by APT protection players includes a web application firewall, backdoor protection, two-factor authentication, and DDoS protection.

By component, the global advanced persistent threat (APT) protection market has been divided into solution and service. The solution segment is further divided into security information & event management, endpoint protection, intrusion detection/prevention system, sandboxing, next-generation firewall, forensic analysis, and others. Additionally, the service segment is bifurcated into professional services and managed services.

By organization size, the global advanced persistent threat (APT) protection market has been divided into small & medium enterprises and large enterprises.

By deployment, the global advanced persistent threat (APT) protection market has been divided into on-premises and cloud-based.

Based on vertical, the global advanced persistent threat (APT) protection market has been divided into BFSI, engineering & construction, healthcare, retail & e-commerce, energy & utilities, it & telecom, media & entertainment, and others.

The advanced persistent threat (APT) protection market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

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Regional Analysis

By region, the advanced persistent threat (APT) protection market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America is expected to be the largest market due to the higher adoption of advanced technology solutions and services in the region and APT protection benefits, such as data theft prevention, enhanced security of IT resources, and increased uptime.

Key Players

The key players operating in the global advanced persistent threat (APT) protection market include Broadcom (US), McAfee, LLC (US), AO Kaspersky Lab (Russia), Forcepoint (US), CipherCloud.com (US), Zscaler, Inc. (US), Fortinet, Inc. (US), FireEye, Inc. (US), Raytheon Technologies (US), Sophos Ltd. (UK), ESET, spol. s r.o. (Slovak Republic), Palo Alto Networks, Inc. (US), VMware, Inc (US), Microsoft (US), and Webroot Inc. (US).

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Global Business Rules Management System Market Size, Share, Growth Rate, Trends, Analysis, Future Scope, Forecast To 2027

 Market Overview

According to Market Research Future, the global business rules management system market has been segmented based on component, organization size, deployment, vertical, and region/country.

Business rules management system (BRMS) is a technology that enables businesses to capture decision logic as a business rule and later automate it across the software applications instead of embedding it into multiple applications every single time it is modified or developed freshly. This methodology helps in managing those rules externally away from the code of existing applications. The adoption of BRMS offers advantages such as safeguarding the integrity of decision logic, identifying conflicting and incomplete rule logics, compiling rules for open standards integration into applications, and enabling scalability. Apart from these, the BRMS enables users to enhance the ability to respond quickly, improve productivity, and improve accuracy.

By component, the global business rules management system market has been divided into software and service. The service segment is bifurcated into integration & deployment, support & maintenance, and training & consulting.

By organization size, the global business rules management system market has been divided into small & medium enterprises and large enterprises.

By deployment, the global business rules management system market has been divided into on-premises and cloud-based.

Based on vertical, the global business rules management system market has been classified into BFSI, retail & consumer, government & defence, IT & telecom, manufacturing, healthcare, energy & utility, transportation & logistics, and others. The BFSI segment is likely to dominate the market, accounting for the highest market share during the study period mainly due to the growing focus of enterprises in providing banking and financial services to their individual and commercial customers and increasing their operational efficiency.

The business rules management system market has been analysed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

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Regional Analysis

By region, the business rules management system market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America is projected to account for the largest market share due to the higher adoption of advanced technology solutions and services in the region. Furthermore, benefits offered by BRMS, such as a wide range of capabilities, enabling smarter and customized decisions, and enriching customer experience, contribute to the growth of the regional market.

Key Players

The key players operating in the global business rules management system market are IBM Corporation (US), FICO (US), Pegasystems Inc. (US), Oracle (US), ACTICO GmbH (Germany), OpenRules, Inc. (US), Newgen Software Technologies Limited (US), Red Hat, Inc. (US), Open Text Corporation (Canada), CRIF (India), Decisions (US), Intellileap Solutions (India), Signavio GmbH (Germany), Agiloft Inc. (US), and SparklingLogic (US).

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Global 5G Security Market Growth Rate, Future Scope, Analysis, Business Development and CAGR To 2027

 Market Overview

Global 5G Security Market is expected to reach USD 5,201.4 Million by 2027, registering a CAGR of 44.25 % during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse into the coming years

Global 5G Security Market has been segmented based on Components, Network Component Security, Architecture, End User, Deployment Type, Vertical and Region.

Based on components, the 5G security market has been segmented into solutions and services.

Solution segmented is further bifurcated into next-generation firewall, data loss prevention, antivirus/antimalware, DDoS protection, security gateway, sandboxing, others. Additionally, the other segment divided into network access control [NAC] and network vulnerability assessment and penetration testing [VAPT]. Furthermore, the services segment is divided into consulting, implementation, support and maintenance.

Based on network component security, the 5G security market has been segmented into RAN Security and Core Security.

Based on architecture, the 5G security market has been segmented into 5G NR non-standalone and 5G NR standalone.

Based on end user, the 5G security market has been segmented into telecom operators and enterprises.

Based on deployment type, the 5G security market has been segmented into cloud and on-premises.

Based on vertical, the 5G security market has been segmented into manufacturing, healthcare, energy and utilities, retail, automotive and transportation, public safety, media and entertainment, others. The other segment is further bifurcated into BFSI, agriculture, and education

The global 5G security market has been analysed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

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Competitive Analysis

The Key Players of the global 5G security market are A10 Networks ( US ), Akamai ( US ), Allot ( Israel ), AT&T ( US ), Avast ( Czech Republic ), Check Point ( US ), Cisco ( US ), Clavister ( Sweden ), Colt Technology ( UK ), Ericsson ( Sweden ), F5 Networks ( US ), ForgeRock ( US ), Fortinet ( US ), G+D Mobile Security ( Germany ), Huawei ( China ), Juniper Networks ( US ), Mobileum ( US ), Nokia ( Finland ), Palo Alto Networks ( US ), Positive Technologies ( UK ), Radware ( Israel ), Riscure ( The Netherlands ), Spirent ( US ), Trend Micro ( Japan ), and ZTE ( China ).

Regional Analysis

The regional analysis for the global 5G security market has been done for North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. The market in North America accounted for the largest market share in 2019, and it is expected to register strong growth during the forecast period. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period. This growth can be attributed to the increasing attacks on critical infrastructure among the various verticals.

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https://www.techsite.io/p/2135187

Global 5G core Market Growth Rate, Future Scope, Analysis, Business Development and CAGR To 2027

 Market Overview

Global 5G Core Market is expected to reach USD 16,092.5 Million by 2027, registering a CAGR of 72.00% during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse into the coming years

Global 5G Core Market has been segmented based on Component, Deployment Mode, Network Functions, End User, and Region

Based on component, the 5G core market has been segmented into solutions and services. Furthermore, the solution segment sub segmented into professional services and managed services.

Based on deployment mode, the 5G core market has been segmented into cloud and on-premises.

Based on network functions , the 5G core market has been segmented into AMF ( Access And Mobility Management Function ) , SMF ( Session Management Function ) , UPF ( User Plane Function ) , PCF ( Policy Control Function ) , NEF ( Network Exposure Function ), NRF (NF Repository Function ) , UDM ( Unified Data Management ) , AUSF ( Authentication Server Function ) , AF ( Application Function ) , NSSF ( Network Slice Selection Function ) and Others.

Based on End User, the 5G core market has been segmented into telecom operators and enterprises

Based on region, the 5G core market has been segmented into North America, Asia-Pacific, Europe, the Middle East & Africa, and South America.

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Competitive Analysis

The key players of the global 5G core market are Nokia ( Finland ), Ericsson ( Sweden ), Huawei ( China ), ZTE ( China ), Samsung ( South Korea ), Affirmed Networks ( US ), Mavenir( US ), NEC( Japan ), Cisco( US ), HPE ( US ), Oracle( US ), Athonet (Italy), Casa Systems ( US ), Cumucore ( Finland ), Druid Software( Ireland ), IPLOOK ( China ), and Metaswitch( UK ).

Regional Analysis

The regional analysis for the global 5G core market has been done for North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. The market in North America accounted for the largest market share in 2019, and it is expected to register strong growth during the forecast period. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period. This growth can be attributed to the growing adoption of 5G technology among the various verticals.

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Global Cellular M2M Market Key Drivers, Size, Share, Trends, Growth, Future Scope Analysis and Forecast To 2027

 Market Highlights

Global Cellular M2M Market has been segmented based on Services Application, End User, Organization Size, and Region.

Based on services, the cellular M2M market has been segmented into Connectivity services, Professional services, and Managed services

Based on application, the cellular M2M market has been segmented into Asset tracking and monitoring, Predictive maintenance, Telemedicine, Fleet management, Warehouse management, Industrial automation, Smart meter, others. Furthermore, the other segment is sub segmented into connected cars, point of sale (POS), and digital signage

Based on end user, the cellular M2M market has been segmented into Healthcare, Energy and utilities, Transportation and logistics, Manufacturing, Others. Furthermore, the other segment is sub dived into Automotive and Retail

Based on Organization Size, the cellular M2M market has been segmented into Large Enterprises, Small and Medium Enterprises (SMEs)

Based on region, the cellular M2M market has been segmented into North America, Asia-Pacific, Europe, the Middle East & Africa, and South America

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Key Players

The key players in the global cellular M2M market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. These include AT&T ( US ) , Verizon ( US ) , T-Mobile  ( US ) , Deutsche Telekom ( Germany ) , Orange S.A. ( France ) , Telefonica ( Spain ) , Vodafone ( UK ) , Ericsson ( Sweden ) , Kore Wireless ( US ) , Aeris ( US ) , Arm holdings ( UK ) , China Mobile ( China ) , Infineon ( Germany ) , Thales Group ( France ) , Orbocomm ( US ) , Telit ( UK ) , Giesecke+Devrient ( Germany ) , Cubic Telecom ( Ireland ) , KPN ( Netherlands ) , A1 Digital ( Austria ) , SK Telecom ( South Korea ) , Rogers Communications ( Canada ) , Telenor Connexion ( Sweden ) , Truphone ( UK ) , and 1oT ( Estonia )

Regional Analysis

Global Cellular M2M Market is expected to expand at an 72.00% CAGR during the forecast period, to reach 16,092.5 Million by 2026. The geographic analysis of the Cellular M2M market has been conducted in North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

North America is expected to be the dominating region due to the faster adoption of innovative technologies in developed countries such as the US and Canada. The US accounted for the largest market share, followed by Canada and Mexico. This growth can be attributed to increasing acceptance of the cellular M2M in the business operations across various industries. The main factor driving the Cellular M2M market in this region is the strong presence of key industry players offering Cellular M2M solutions.

The European market has been segmented into the UK, Germany, France, and the rest of Europe. In terms of market size, Europe is expected to be the second-largest regional market. The UK is projected to be the leading country-level market, while Germany is expected to register the highest growth over the review period. Growing need for data reliability and efficiency, embedded telecommunications in the region are boosting the market growth.

The market in Asia-Pacific is projected to register the fastest growth rate over the forecast period, with the regional market being segmented into China, Japan, India, and the rest of Asia-Pacific. This share is attributable to increasing adoption of M2M value-added services to ensure vehicle safety and security of vehicles and drivers in small scale enterprises.

The Middle East & African and South American markets have started adopting these new connectivity technologies recently. The service providers and enterprises from manufacturing, government, and defence sectors in this region have started adopting this technology.

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Global Network Transformation Market Demand, Industry Size, Top Players, Opportunities, Sales, Revenue And Regional Forecast To 2027

 Market Overview

According to Market Research Future, the Global Network Transformation Market has been segmented based on Component, Organization Size, Vertical, and Region/Country.

Network transformation enables organization to automate their networks to provide new advanced services with speed and cater their customers with excellent usage experience. This is achieved through connected devices, new applications, automation technologies, enhanced security controls, adoption of cloud-based services, among others. Some of the benefits offered by the network transformation include enhanced transparency and control, standardized services, short deployment cycles, faster site connectivity that enables agile business of digital services, provide customer-oriented product offerings for superior user satisfaction, increase productivity in day-to-day business operations, greater network security to meet regulatory compliances, boost adoption of cloud through via cloud exchanges and direct SaaS connectivity, among others.

By component, the global network transformation market has been divided into solution and services. Further, the solution sub-segment is bifurcated into 5G networks, cloud/centralized radio access network (C-RAN), network automation, and software-defined networking (SDN) & network functions virtualization (NFV). Whereas services sub-segment is divided into professional services and managed services.

By organization size, the global network transformation market has been divided into small & medium enterprise and large enterprise.

Depending on its vertical, the network transformation market is split into BFSI, energy & utility, government, healthcare, IT & telecom, manufacturing, retail, and others.

The global network transformation market has been analysed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

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Regional Analysis

By region, the global network transformation market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America is expected to be the largest market due to the higher adoption of innovative technology solutions and services in the region. Also, the benefits offered by network transformation including enhanced transparency and control, standardized services, short deployment cycles, faster site connectivity that enables agile business of digital services, provide customer-oriented product offerings for superior user satisfaction, increase productivity in day-to-day business operations, greater network security to meet regulatory compliances, boost adoption of cloud through via cloud exchanges and direct SaaS connectivity, among others.

Key Players

The key players in the global network transformation market are Ciena Corporation (US), Cisco Systems, Inc. (US), Telefonaktiebolaget LM Ericsson (Sweden), Dell Inc. (US), FUJITSU (Japan), Juniper Networks, Inc. (US), Hewlett Packard Enterprise Development LP (US), Intel Corporation (US), IBM Corporation (US), NEC Corporation (US), Ribbon Communications Operating Company, Inc. (US), Wipro Limited (India), TATA Communications (India), Sakon (US), and Curvature (US).

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