Market Research Blog

The global digital forensics market is poised to increase at a CAGR of 11.2%, reaching US$ 23.62 Bn by 2030 from a market valuation of US$ 10.07 Bn in 2022.

Despite having high demand, several factors such as lack of knowledge, budget constraints, unavailability of sufficient resources, and others, digital forensics solutions are confined in the SMEs.

Furthermore, factors such as non-operational manufacturing units during lock down, decreased manpower, unavailability of raw materials, and others have slowed down the market growth which is expected to go on till the end of this year.

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Some of the key takeaways from the report are highlighted below-

• The increasing cases of cyber threats and attacks in the government, law enforcement, and others sectors is resulting in higher adoption of digital forensics solutions over the world
• Among the end users, government & law enforcement sector will maintain the lead, followed by the legal services firms throughout the forecast period
• North America digital forensics market will lead other regions during the forecast period

Rising Adoption of Artificial Intelligence Boosting Growth

Since the past decade, artificial intelligence is being increasingly adopted by the digital forensics market in order to obtain more advanced results.

As artificial intelligence is highly efficient in locating, and identifying relevant elements in video clips and pictures in order to spot the commonalities in time stamps, places, communications, and others, it is widely preferred by the digital forensics market across the globe.

With the increasing adoption of artificial intelligence, digital forensics market is getting more efficient and fast in data investigation, data recovery, and other crucial parts of crime investigations.

As artificial intelligence is getting more widely popular, its increased adoption is expected to grow the global market further in the near future.

COVID-19 Impact Analysis

The outbreak of novel coronavirus outbreak in the current year has negatively impacted the global digital forensic market. Various restraining factors such as closed manufacturing units, scarcity of raw materials, unavailability of labors, economic crisis, and others have declined the market growth.

Despite facing decreased demand due to the ongoing pandemic, the global digital forensics market has high potential to grow further.

According to FMI, the global market is expected to grow by both value and volume during the forecast period from the year 2020 to 2030.

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Who is Winning

The global digital forensics market has unlimited potential worth getting utilized by the key market players. The top companies such as FireEye Inc., IBM Corporation, Micro Systemation AB, KPMG and others are giving their best efforts to leverage the market potential.

For instance, FireEye Inc. has released their new digital forensics and incident response for PLCs in order to effectively response to the attacks against Industrial Control Systems (ICS).

Recently, KPMG has come up with their dedicated forensic technology lab for recovery and use of critical digital evidence to support investigations and litigation.

IBM Corporation has launched their extensive range of digital evidence management and saving solutions to provide fast actions during the investigation.

More Valuable Insights on Digital Forensics Market

In the latest report by Future Market Insights, we offer an unbiased analysis of the global digital forensics market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2022-2030.

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About FMI                     

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:                        

Future Market Insights Inc.
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As per the revised report by Future Market Insights (FMI), the global conference room solution market is expected to expand at a CAGR of 14.7% over the forecast period (2021-2031). Thanks to the rising demand for the improvement of an enterprise communication network, the market valuation is expected to surpass US$ 1.18 Bn in 2021.

Conference room solutions provide on-demand tools for professional collaboration, online meetings, web conferencing and video conferencing services. It supports the requirements for corporate meetings, training, and events.

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Conference room solution platforms help enterprises to run productive meetings, with functionalities such as interactive whiteboards for end-users. Nowadays, IT and telecom companies are adopting cloud communication solutions for video and web conferencing to reduce the complexity of implementation and maintenance processes.

Cloud service providers are playing a significant role, as remote access to business databases becomes mainstream. With the frequent advancements in cloud security, numerous enterprises are opting for cloud services, including software-as-a-service (SaaS) and cloud storage offerings.

For conference room solution providers, cloud services create notable opportunities in terms of providing cost effective solutions to customers. Cloud service providers can also assist in developing conference room solutions for professionals across different geographical locations without expanding their physical distribution channel.

Key Takeaways from Conference Room Solutions Market Study

• IT and telecom applications will account for more than 22% of the market, owing to higher adoption of online services.
• Projectors will reflect higher adoption rates holding 35% of the market, supported by higher audio-visual requirements of industry end users.
• Australia, and New Zealand are leaders in the South Asia & Pacific market, reflecting a CAGR of over 23% through 2031, on the back of growing business requirements.
• The market in the U.S. is projected to expand at a CAGR of 10.6% through 2031, supported by a mature business sector.
• Japan will hold the lead in East Asia by the end of 2031, with a CAGR of over 20% owing to better consumer awareness and acceptance.​

Impact of COVID-19 on Conference Room Solutions Market

The COVID-19 pandemic has disrupted many industries, including the conference room solutions market. Private and government organizations, have transitioned to remote working operations, due to which there has been a sudden surge in demand for conference room solutions.

The demand for communications platforms as a service (CPaaS) software, collaboration tools, conferencing software, remote desktop software and remotely managed IT services has risen during the crisis. This is fueling an increase in the demand for conference room solutions.

Conference room solutions are estimated to grow by 1.8X from 2019-2020 and is expected to surge through 2021 and beyond, as remote working becomes the norm. The worldwide reach of the COVID-19 pandemic in Q1, 2020 has impacted professionals across the globe, with nearly 80% of the IT workforce being moved to home offices. This paradigm shift has created a huge demand for online platforms, cloud services, and remote access to important projects.

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Who is Winning?

The moderately consolidated conference room solutions market is characterized by players who are increasingly focusing on the development of new product offerings in addition to strategic endeavors towards geographical expansion.

Prominent players in the conference room solutions market include but are not limited to Cisco Systems, Inc., Microsoft Corporation, Polycom Inc., Zoom Video Communications Inc., Google, West Corporation, LogMeIn Inc., Adobe Systems Incorporated, Blue Jeans Network and Premiere Global Services, Inc.

More Valuable Insights on Conference Room Solutions Market

A revised market research report published by Future Market Insights (FMI) on the global conference room solutions market includes global industry analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides valuable insights on the basis of component (Hardware (flat screens, projectors, cameras, and interactive/digital whiteboards), software (unified communication and collaboration, document management, meeting organizers/scheduling, and others) and services (professional services (integration & implementation, consulting, and training) and managed services)), enterprise size (small & medium enterprises (SMEs) and large enterprises), vertical (IT & telecom, BFSI, healthcare, retail, media & entertainment, transportation & logistics, education, manufacturing, and others), and across six major regions.

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About FMI                     

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:                        

Future Market Insights Inc.
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T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/conference-room-solutions-market
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Various aspects of the global market for digital inverters have been examined by Future Market Insights in a recent research report titled “Digital Inverter Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”. Key insights have been gained from the raw secondary research data that has been sifted and organised in a systematic fashion. In order to gather knowledge about the numerous market trends that are influencing the market’s future, the drivers that promote market growth, the opportunities that will shape the market’s future, and the constraints that will impede market expansion, a detailed analysis of the market is conducted.

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To assess their intensity and impact on the overall market expansion, these various aspects have been examined across the key regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific except Japan (APEJ), Japan, and the Middle East and Africa (MEA). This research study includes future market insights for each segment of the global digital inverter market based on value and volume predictions for a period of ten years, taking historical data and the current situation into account.

Global Digital Inverter Market: Forecast

The projected term is expected to see the global digital inverter market expand rapidly, with a CAGR of 7.1%. The global market is projected to be worth around US$ 5.5 billion in 2017 and to reach nearly US$ 11 billion by the end of the assessment year (2027).

Global Digital Inverter Market: Factors Influencing Growth

The development of plug-and-play inverters, high conversion efficiencies, rising demand from the commercial and industrial sectors, increasing consolidation, government development of solar projects, the shift from developed to emerging markets, and the establishment of reliable sales channels are some of the factors that are propelling the global digital inverter market. However, the global market for digital inverters is being constrained by issues like rising DC optimiser usage, high costs, and software flaws.

Global Digital Inverter Market: Segmental Forecasts

The global digital inverter market has been segmented by product type, by region, by end user and by power source.

• By product type, string inverters segment is estimated to be the largest in terms of value share and is expected to cross US$ 4.2 Bn by the end of the assessment year. This segment is also projected to grow at the fastest rate during the forecast period.
• By end user, utilities segment is the most lucrative and is expected to soar at a high CAGR of 7.4% during the period of forecast to reach a significant value by the end of the assessment period.
• By power source, solar inverters are gaining high traction and the solar inverter segment is poised to register a 7.6% CAGR. The battery inverter segment, however, stays ahead in valuation thus dominating the global market.
• By region, Asia Pacific excluding Japan (APEJ) is the largest region in terms of growth and market value. The digital inverter market in the APEJ region is predicted to soar at a high CAGR of 7.5% during the period of forecast to reach a high valuation of close to US$ 4.5 Bn by the end of the assessment year.

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Global Digital Inverter Market: Company Assessment

The research report on the global digital inverter market encompasses in-depth assessment on various key players dealing with digital inverters. Profiles of major companies such as Eaton Corporation, Schneider Electric SE, Siemens AG, ABB Ltd., General Electric Co., Enphase Energy, Inc., SMA Solar Technology AG, Vertiv Group Corporation, Leopold Kostal GmbH & Co. KG, Growatt New Energy Co.,Ltd., ReGen Powertech Private Ltd,. Fronius International GmbH, SMA New Energy Technology (Jiangsu) Co., Ltd., and Toshiba Mitsubishi-Electric Industrial Systems Corporation have been included in the competitive assessment chapter of the research report.

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About FMI                     

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/digital-inverter-market
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Future Market Insights recently released a new research report titled “Product Information Management Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” that includes a number of market statistics as well as an analysis of the current situation, historical data, and prospective market insights. Every aspect of the product information management market is examined through a thorough market segmentation, providing a comprehensive view of the market.

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Global Product Information Management Market: Segmental Snapshot

The global product information management market is segmented by component, by deployment, by industry, by enterprise type and by region.

• By component, the software segment is expected to dominate the global market in terms of market share and is estimated to reach a value of more than US$ 1 Bn by the end of the assessment year
• By deployment type, the on-premise segment is likely to lead the market with a higher market valuation. However, the software-as-a-service (SaaS) segment is projected to grow at the highest pace to register an exponential CAGR of 24.2% throughout the period of forecast
• By industry, the retail segment is poised to reach a value of about US$ 2,812.5 Mn by the end of 2027. This is the largest segment reflecting higher revenue generation during the assessment period. On the other hand, the transportation and logistics segment is expected to grow at a comparatively faster rate in the years to follow
• By enterprise type, the large enterprises segment is poised to reach a valuation higher than the small and medium enterprises segment thus dominating the market. The small and medium enterprises segment is anticipated to grow at a much faster rate to reflect a CAGR of 22.7% during the period of assessment, 2017-2027
• By region, North America is the largest regional market for product information management, presenting a high market attractiveness. The product information management market in North America is expected to reach US$ 3120.1 Mn by 2027 end

Regional Outlook on Industry Segments

The global product information management market is soaring across key regions in the globe. In North America, the retail segment is the largest followed by manufacturing segment that is estimated to reach value more than US$ 580 Mn by the end of assessment year. In Western Europe region, the healthcare industry segment is projected to grow at the highest pace during the forecast period followed by manufacturing segment.

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Global Product Information Management Market: Future Projections

The report reveals that the global product information management market is expected to reach a value above US$ 12 Bn by the end of the period of assessment from a valuation of around US$ 1.8 Bn in 2017 and is projected to grow at a very high CAGR of 21.0% throughout the period of forecast.

Global Product Information Management Market: Growth Influencing Factors

Several aspects influencing the growth of the global product information management market are studied and included in this research report. Various aspects such as rising number of products coupled with growing importance on reducing errors associated with product information, increasing focus on reducing time to market and improving sales efficiency, increasing demand for centralised data, rising adoption of product information management solutions in the retail sector, emergence of digital asset management, rising requirements for data verification and authenticity, increasing consumer demand for advanced technology and increasing traction of digital transformation in the manufacturing, wholesale and retail sectors are pushing the growth of the global market. Moreover, benefits such as support in keeping track on customers and managing complex product data are also contributing to the growth of the global product information management market. However, certain aspects like lack of awareness, interoperability issues, high operating costs associated with deployment, long implementation time and challenges associated with data integration are posing restraints to global market revenue growth.

Global Product Information Management Market: Competitive Scenario

The report covers a competition analysis and has profiled companies such as SAP AG, IBM Corporation, Informatica, Riversand Technologies, Inc., Stibo Systems, ADAM Software, Agility Multichannel, Inriver, Inc., Pimcore, Salsify, Edgenet, CATSY, Censhare AG, Shotfarm, Akeneo and NetCracker.

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About FMI                     

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/product-information-management-market
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The Fiber to the Home Market is slated to increase at a CAGR of 14.7% to reach a valuation of US$ 20,641.8 Mn in 2022 and US$ 53,898.7 Mn by 2029. An increase in the installation of smart systems at home, and a rise in the usage of mobile apps are the two crucial parameters that are boosting the demand for high-speed Internet. On the back of these factors, the demand for fibre to the home (FTTH) is projected to increase during the forecast period of 2022-2029.

Growing adoption of technology advancement solutions such as cloud computing, e-Governance, e-Learning, e-Health, and smart grids, are other major factors due to which the demand for high-speed fiber to the home is expected to increase during the forecast period.

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Key Takeaways of Fiber to the Home Market Study

• The 50 to 100 Mbps segment is the key download speed segment, which accounted for the largest share of the fiber to the home market in 2021.
• The smart home application segment is expected to be the most lucrative segment in the FTTH market during the forecast period, owing to the increasing number of smart homes in North America and Western Europe.
• Among all the segments by application, the VoIP segment dominated the global fiber to the home market in terms of revenue in 2021.
• Asia Pacific Excluding Japan is expected to hold the largest share in the fiber to the home market over the forecast period. Moreover, India is anticipated to exhibit an impressive CAGR during the forecast period.

Supportive Government Initiatives for Better Internet Infrastructure to Propel FTTH Market Growth

Increasing government initiatives to promote industrialization and digitalization in developing countries offers a regional expansion opportunity for providers in the fiber to the home market. Rapid increase in data traffic in developing economies such as India, Mexico, and Brazil is another factor that is creating profitable opportunities for service providers in the FTTH market.

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Fiber To The Home Market Outlook by Category

By Download Speed :

• Less than 50 Mbps
• 50 Mbps to 100 Mbps
• 100 Mbps to 1 Gbps
• More than 1 Gbps

 By Application :

• Internet TV
• VoIP
• Interactive Gaming
• VPN on Broadband
• Virtual Private LAN Service
• Remote Education
• Smart Home Application

By End User :

• Single Family Homes
• Multiple Dwelling Units
• Small Office Home Office

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More Valuable Insights on Fiber to the Home Market

In its latest report, Future Market Insights offers an unbiased analysis of the global fiber to the home market, providing historical data for the period of 2014-2021 and forecast statistics for the period of 2022-2029.

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About FMI                     

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/fiber-to-the-home-market
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The Mass Notification System in Healthcare Market is Projected from ~US$ 1,521.5 Mn in 2022 to reach US$ 3,276.5 by 2027 and exhibit a remarkable 16.9% CAGR between 2022 and 2027. With advancements in wireless technology and increasing penetration of smart devices in healthcare associations, digital healthcare innovations are emerging and impacting clinical and business processes, according to FMI’s analysis. These improvements are creating potential growth opportunities for the mass notification system in the healthcare market.

This digital revolution is creating the need for a mass notification system in healthcare to deliver a faster, safer, and effective care for patients and for quick response time in case of emergencies. Moreover, with the emergence of IoT, providers of mass notification systems in healthcare are focusing on offering integrated solutions with IoT technologies and providing standalone systems.

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As the healthcare sector continues to aggressively expand in developed and developing countries, it is expected that multiple opportunities will be created for key players in the mass notification system in healthcare market in the near future.

According to the report, the rise of IoT is also generating potential growth opportunities for service providers of mass notification system in healthcare to integrate their solutions with IoT technologies in order to provide standalone systems. Moreover, the growing need for real-time communication solutions for enhanced communication services is also one of the major factors boosting the growth of the mass notification system in healthcare market.

Target of Operational Expansion in Western Europe and Asia Pacific

Providers of mass notification system in healthcare are continuously focusing on increasing their businesses across countries in Western Europe and Asia Pacific such as Germany, U.K., India, and China. The implementation of various regulations in the healthcare sector of these countries are creating potential growth opportunities for the mass notification system in healthcare market. Furthermore, continuous increase in the healthcare spending along with robust economic growth of these countries are propelling the growth of the mass notification system in healthcare market.

For instance, according to the Economic Intelligence Unit, the healthcare spending of Western Europe and Asia Pacific is expected to increase with a CAGR of ~5% and ~6% respectively.

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Increasing Demand for Real-time Communication System

Most of the healthcare organizations are majorly focusing on real-time communication system to provide instant and secure messages which is creating potential growth opportunities for the mass notification system in healthcare market. Moreover, various healthcare organizations are ready to invest on advanced technologies such as distributed-recipient mass notification system, which is expected to be one of the key growth opportunities for providers of mass notification system in healthcare platform.

Mass Notification System in Healthcare Market: Segmentation

Solution

In Building
Outdoor
Distributed/
Hybrid

Deployment

Cloud-based
On-premises
Hybrid

End User

Hospitals
Clinics
Nursing Home
Long Term Care
Ambulatory Surgical Centers

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Advancement in IT Systems and Healthcare Technologies   

Rapid advancements in IT systems and healthcare technologies play an important role in fueling the growth of the mass notification system in healthcare market. With the rapid development in the mobile health technology to improve patient care experience and care team communication, the adoption of mass notification system in healthcare is increasing. Furthermore, increasing use cases of mass notification system in healthcare is amplifying the competition and resulting in product developments and differentiation strategies by providers of mass notification system in healthcare sector.

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About FMI                     

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/mass-notification-system-healthcare-market
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In its recent report titled ‘‘Core Banking Solution Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027’, Future Market Insights has comprehensively assessed the core banking service market that is on track to witness a robust CAGR of 5.1% for the forecast period.

Component – Software Dominates Services Component in Core Banking Solution Market

The software component is larger than its service counterpart in the core banking solution market and is expected to gain significant BPS over the duration of the study. The software segment may well be worth US$ 65 billion by the year 2027 and see steady revenue growth throughout the decade.

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Region – North America Critical in Core Banking Solution Market

North America is the largest region in the core banking solution market and is on track to retain this position for the foreseeable future. However, Western Europe is poised to gain a massive 250 BPS till the end of 2027, making the developed world the hub of the core banking solution market. The North America core banking solution market is anticipated to cross US$ 6 billion by 2027 with the US accounting for approx. US$ 3.9 billion. However, Canada is poised to record a higher CAGR during this time making it a lucrative opportunity for key stakeholders in the core banking solution market.

End Users – Banks Have Maximum Need of Core Banking Solutions

Banks have the largest share in the core banking solution market and are likely to remain so for some time. Banks have a market attractiveness index of 5.0 by end user, substantially more than that of financial institutions in the core banking solution market. The bank segment is predicted to grow with the highest CAGR of 5.6% from 2017 to 2027. Branch less banking is a new trend that should benefit the core banking solution market as it allows banks cater to the requirements of their customers in far-off rural areas who are unable to access physical banks. This is particularly relevant in underserved emerging economies such as APEJ and Latin America.

Competition Dashboard in the Core Banking Solution Market

Future Market Insights has profiled some of the players in the core banking solution market. The companies are SAP SE, Oracle Corporation, Infosys Limited, FIS (Fidelity Information Services), Tata Consultancy Services Private Limited, Misys, HCL Technologies Limited, Temenos Group AG, Capgemini, Infrasoft Technologies Ltd., IBM Corporation, Nelito Systems Ltd., COBISCORP, and Wipro Limited.

Customer Satisfaction and Retention Critical in Core Banking Solution Market

As a result of cutthroat competition in the banking sector, retail banks now face the challenge of customer retention and core banking solutions are the link between banks and their customers in ensuring this is addressed. Core banking solutions allow banks to perform an effective customer analysis while simultaneously enabling customers to carry out their usual banking transactions. Customer satisfaction is improved with the core banking solutions and the latter go a long way in reducing customer effort.

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North America and Europe have Well-Developed Financial Infrastructure

North America and Europe have a robust financial infrastructure in place with New York and London being the global capitals of financial transactions. The Western Europe banks segment is anticipated to have a value of almost US$ 3 billion by end 2027 that should make it roughly twice the size of financial institutions at that time. A similar potential exists in the North America banks segment as is it predicted to push past US$ 3.1 billion in end 2027.

Key Takeaways

Key stakeholders in the core banking solution market would do well to focus their attention on emerging economies such as India whose governments are aggressively courting foreign direct investment and offering ample untapped opportunities. Increasing the footprint by expanding in emerging economies is naturally increasing the bank’s customer base and core banking solution vendors must provide accurate and fully featured products that enable banks to handle skyrocketing customer data coupled with banking operations. Furthermore, financial institutions and large banks have flown the globalization wave and now offer 24/7 availability to their customers. Core banking solution providers can be beneficiaries of this by delivering one-stop centralized solutions that monitor the bank’s global network along with ensuring anytime, anywhere customer accessibility.

Core Banking Solution Market Taxonomy

End User

• Banks
• Financial Institution
• Others

Component

• Software
• Services

Region

• North America
• Western Europe
• Eastern Europe
• Latin America
• APEJ
• Japan
• MEA

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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