Desktop as a Service (DaaS) Market is Projected to Reach to US$ 17.8 Bn in 2029 | Future Market Insights, Inc.

The Desktop as a Service Market is expanding at a healthy 18.1% CAGR from 2022 – 2029. The market size is projected to be a total of US$ 5.5 Bn in 2022 and US$ 17.8 Bn by 2029.

The rising adoption of cloud-based solutions and services, climbing ICT investments, increasing penetration of smart devices, and increasing digitalization in the workspace are the key factors shaping the growth of the desktop-as-a-service market.

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Key Takeaways from Desktop-as-a-Service Market Study

  • Most of the desktop-as-a-service solution providers are eyeing to expand their operations in Asia Pacific region as the region is witnessing rapid growth in cloud computing industry and continuous evolution in IT infrastructure models.
  • Desktop-as-a-service is proving to be successful for small and medium enterprises due to low IT budget concerns. Moreover, the adoption of desktop-as-a-service is increasing among large enterprises for agile and temporary use cases.
  • Data privacy and security remain a key challenge for the growth of desktop-as-a-service market. However, with high innovation in cloud security area, this limitation is likely to be addressed in the near future.
  • Most of the desktop-as-a-service solution providers are focusing on partnering with the hyper scale vendors to leverage platform agility and offer customer choice a choice for desktop-as-a-service solutions with enhanced security options.
  • Demand for desktop-as-a-service in BFSI industry is likely to increase at whopping CAGR of ~22% during the forecast period.

Growth of Cloud Computing to Augur Well for DaaS Market

Cloud computing has been developed for approximately two decades, and it offers businesses with many benefits, which include business efficiencies and cost benefits. With the growing number of web-enabled devices used in today’s business environment, such as smartphone and tablets, access to data is becoming easier and it is encouraging businesses to adopt desktop-as-a-service solutions. In addition to this, the increasing adoption of advanced technologies such as advanced analytics, robotics, and artificial intelligence solutions are expected to have a positive impact on the growth of desktop-as-a-service market.

The global desktop-as-a-service market continues to witness a fair degree of consolidation in competition landscape, with tier-1 vendor accounting for 50% revenue share. Some of the key players in the desktop-as-a-service market are Amazon Web Services, VMware, IBM, Microsoft, NetApp, Cloudalize, and Fujitsu, and Citrix Systems. Leading companies are focusing on partnerships and collaborations with cloud IT service providers to help businesses simplify the process to move workloads and data to the cloud.

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Desktop as a Service (DaaS) Market by Category

By Solution:

  • Desktop-as-a-Service Solution
  • Services
    • Consulting
    • Technical Support
    • Managed Services

By Enterprise Size:

  • Small & Medium Enterprises
  • Large Enterprises

By Deployment:

  • Public
  • Private
  • Hybrid Cloud

By Industry:

  • BFSI
  • Media & Entertainment
  • Government
  • IT & Telecom
  • Healthcare
  • Manufacturing
  • Education
  • Others

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Healthcare Revenue Cycle Management Software Market Outlook, Opportunity & Demand Analysis, Forecast to 2022

The global market for healthcare revenue cycle management software is estimated to reach US$ 43.3 Bn by the end of 2022. During the forecast period, 2017-2022, the global healthcare revenue cycle management software market is projected to soar at a CAGR of 6.9%.

A fresh report on the healthcare revenue cycle management software market has been recently published by Future Market Insights (FMI). The report, titled, “Healthcare Revenue Cycle Management Software Market: Global Industry Analysis and Opportunity Assessment 2017 – 2020,” anticipates the market to market positive growth over the coming years, on account of the increasing cumulative patient revenue, improvement payment collection & billing efficiency and recognition of profit . From hospitals to independent physician clinics, the stress of enhancing the quality of patient care is increasing in parallel to the declining reimbursements and increasing risk-margin burdens.

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The surging multifaceted nature in restorative coding for charge repayments is expected to drive the healthcare revenue cycle management market. The revenue cycle management systems are intended to decrease charging mistakes by medicinal services suppliers and are broadly utilized as a part of nations, for example, the U.S. where medicinal coding process is unpredictable and dreary. Furthermore, lessening in medicinal services repayments by government and private bodies and rising rate of claim refusals will actuate substantial number of social insurance suppliers to receive revenue cycle management hones.

Healthcare specialist co-ops send robotized frameworks to address the revenue cycle management (RCM) forms and to fill the installment hole that emerges from the procedures of therapeutic charging and accumulations. The IT applications, for example, healing center data framework and EHR, have obsolete innovation stages that need propelled functionalities expected to address RCM issues. Doctor’s facilities and wellbeing frameworks want to outsource the RCM benefits because of the issues relating to revenue cycle procedures and work processes.

The perpetual signs of change government controls in the healthcare space prompts an ascent in the operational expenses. This ascent in the operational expenses will prompt a decline in the revenue of the healthcare division, which as of now works at a low edge. Additionally, there are consistent recuperation reviews to distinguish illicit installments under the expense for-benefit Medicare and this further reductions their revenue. To keep their operational costs low and keep up the review report, healthcare suppliers have begun putting resources into RCM systems and are currently outsourcing their restorative revenue cycle management operations to outsider merchants.

Competition Tracking

The report has also profiled leading developers of healthcare revenue cycle management software. Companies partaking in the growth of global healthcare revenue cycle management software market through 2022, include Cerner Corp., McKesson Corp., Quest Diagnostics, Inc., athenahealth, Inc., Epic Systems Corporation, EMC Corp., CareCloud Corporation, Greenway Health, LLC, Allscripts Healthcare Solutions, Inc., and Qsi Management Llc. Majority of these companies are expected to focus on removing conventional flaws and increasing security measures to protect valuable data managed by their offerings.

Moreover, new market entrants are likely to face barriers in penetrating this highly-competitive market.

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Key Segments Covered

Region

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

Component

  • Software
  • Services

End User

  • Hospitals
  • Long Term Care Centres
  • Rehabilitation Centres
  • Clinics
  • Laboratories
  • Other End Uses

Application

  • Claim Management
  • Billing and Payment Management
  • Collections Management
  • Account Receivable Follow up Management
  • Other Applications

Deployment

  • Cloud-based
  • On-Premise

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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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Wearable Fitness Trackers Market New Opportunity & Demand Analysis, Forecast to 2027

Future Market Insights delivers key insights on the global wearable fitness tracker market in its report titled “Wearable Fitness Trackers Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027.” Growth in the market value of the global wearable fitness tracker market will remain attractive as the market is expected to grow continuously at a CAGR of 15.8% in terms of value during the forecast period 2017 – 2027.

The global wearable fitness trackers market is expected to register a CAGR of 15.8% during 2017 – 2027, with North America, Western Europe, Japan and China accounting for significant market value shares by the end of the forecast period.

The global annual revenue from the wearable fitness tracker market was valued at US$ 21,661.3 Mn by the end of 2017, which is expected to grow at a steady pace over the coming years. The dominating regions, i.e., North America, Western Europe, Japan, China and SEA & Other of APAC, are expected to collectively account for a majority share of the global wearable fitness tracker market. The North America wearable fitness tracker market, Western Europe wearable fitness tracker market and APEJ wearable fitness tracker market are likely to dominate the global market over the forecast period.

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Wearable Fitness Trackers Market: Factors Boosting Adoption

Since last few years, the adoption of wearable fitness trackers has been increasing considerably, especially in the 25-44 years category. Development in the imaging technologies of wearable fitness trackers and continuously emerging new features in the products are boosting the adoption of wearable fitness trackers in the consumer segment. Nowadays, consumers prefer modern ways of fitness tracking as “guesstimating” is not accurate to keep track of the fitness data. Hence, the availability of technology-based smart wearable devices for keeping track of fitness activities is driving the wearable fitness trackers market.

Disposable income and rising concerns regarding a healthy lifestyle are also driving the wearable fitness trackers market across major economies of the world. Continuous technological developments intended to reduce the overall cost of various components of wearable fitness trackers are facilitating a decrease in the overall cost of wearable fitness trackers, which is making it more affordable for the middle-income population.  At present, wearable fitness trackers are largely being used by the high-income population for an enhanced end-user experience with reference to fitness and health aspects.

Wearable Fitness Trackers Market: Segmental & Regional Analysis

On the basis of FMI analysis, the wrist wear sub-segment of the product type segment is expected to dominate the wearable fitness tracker market since wrist wear is easy to use and increases the focus of users towards fitness. On the basis of application, the pedometer segment is expected to be a dominating segment in the global wearable fitness tracker market. The development and integration of healthcare processes with technology and the evolution of new functions/features are some of the major factors driving the adoption of wearable fitness trackers.

The North America wearable fitness tracker market is expected to dominate the global wearable fitness tracker market due to high growth in the overall revenues generated from the wrist wear segment, high disposable income as well as the high standard of living in the region. The wearable fitness tracker market in Western Europe has high potential owing to the increasing adoption of wearable fitness trackers as one of the solutions for living a healthy life. The APEJ wearable fitness tracker market will be a target market for market participants owing to the high growth opportunities in countries such as India and China.

Wearable Fitness Trackers Market: Competition Landscape

Vendors in the wearable fitness tracker market are now focusing on introducing advanced innovative features and functionalities, as well as on expanding their sales channels across the globe. Some of the vendors in the wearable fitness tracker market vendors included in this study of the global wearable fitness tracker market are Apple Inc.; Fitbit Inc.; Samsung Electronics; Sony Corporation; Xiaomi; Garmin Ltd.; Fossil Group; Jawbone; TomTom International BV and Huawei Technologies Co., Ltd.

Vendors are continuously innovating their wearable fitness tracker products to penetrate the technology-influenced global market. For instance, in May 2017, Apple Inc. partnered with Nokia, a provider of information & communication technology. As per the partnership agreement, Nokia provides certain network infrastructure products and services to Apple. In June 2017, Fitbit Inc. partnered with the Minnesota Timberwolves, a Minnesota-based American professional basketball team.

Under this partnership, Fitbit is an “Official Wearable” and “Official Sleep Tracker” for the players of Minnesota Timberwolves. In March 2017, Samsung partnered with Under Armour, one of the leading manufacturers of sports, casual apparels, shoes, etc., to support the “Under Armour Connected Fitness suite,” which includes various fitness applications.

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Key Segments Covered

Product Type:

  • Wrist wear
  • Leg wear
  • Smart garments
  • Others

Application:

  • Pedometer
  • Heart rate monitor
  • Daily activity tracker
  • Call text & calendar
  • Sleep tracking
  • GPS tracking
  • Others

Distribution Channel:

  • E-Commerce
  • Retail Stores

Age-Group:

  • 0-5 Years
  • 6-18 Years
  • 19-24 Years
  • 25-44 Years
  • 45-60 Years
  • 60+ Years

About Us

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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LED Lights Market 2022 Outlook, Opportunity & Demand Analysis, Forecast 2032

The LED Lights market is expected a CAGR of 14% during the gauge time frame, up from US$ 76 Bn in 2022 to arrive at a valuation of US$ 161 Bn by 2026.

Vast Energy Savings to Bolster Demand

World over, the pressing need for advanced lighting to get over the drawbacks of conventional technologies, notably incandescent, fluorescent and halogen lighting systems, is a vital factor that has propelled the demand for light-emitting diodes (LED) lights.The growing adoption LED lights is attributed to several advantages they offer such as higher energy-efficiency, extended lifespan, and lower maintenance requirements.

The growing concern of a fast depleting non-renewable energy sources in various parts of the world is a key trend bolstering the demand for such energy-efficient technologies.  The decline in prices of lamps and fixtures in several developing and developed countries is a key trend further fortifying the demand of LED among facility managers.

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The vast energy savings associated with LED lighting owing to directional lighting is a crucial aspect that has bolstered their uptake in a variety of outdoor applications, such as in traffic lights, large parking lot, extensive building perimeter, and massive signage. The growing popularity of LED lights among facility managers is expected to boost their uptake for industrial applications, thereby accentuating the overall market.

Competitive Landscape

Some the prominent players operating in the global LED lights market include Hyundai Mobis Co., Ltd., Magneti Marelli S.p.A., EPISTAR Corporation, Cooper Industries, LLC, Cree, Inc., General Electric Company, Nichia Corporation, Texas Instruments, Valeo SA, and Koninklijke Philips N.V. Other leading players are Stanley Electric Co. Ltd, Koito Manufacturing Co., Ltd, HELLA KGaA Hueck & Co, and OSRAM Licht AG, finds Future Market Insights (FMI).

Several players are capitalizing on opportunities arising out substantial investments by end-use industries to install LED lighting on a massive scale in various developing and developed countries. A number of electronics companies are entering into the market while some semiconductor players are exploring lucrative avenues, which is expected to intensify the competition in the market. Furthermore,service providers as well as component manufacturers are expected to benefit from the vastly emerging opportunities in the market in the coming years, notes FMI.

Adoption in Automotive Products to Create Lucrative Opportunities

Equipped with lower maintenance requirements and higher operational benefits, including durability and almost instant luminescence, LED lighting system is gaining traction in various commercial applications in various parts of the world. However, the lack of cold-temperature conditions and inclement weather might dim the intensity of the light in some outdoor applications. This is a key factor reducing the viability of these systems.

Nevertheless, advancements in solid state technologies will enable manufacturers get over these constraints in the coming years. The rising adoption of LED lights to replace conventional incandescent lights automotive products is expected to open up lucrative avenues for manufacturers. The advent of LED lights that combine style with safety features is expected to open up exciting avenues in the automotive industry. A burgeoning demand for smart lighting in exterior and interior automotive parts is likely to bolster uptake.

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LED Lights Market: Segmentation

Product Type:

  • Lamps
  • Luminaries

Sales Channel:

  • Modern Trade
  • Departmental Stores
  • Convenience Store
  • E-Commerce
  • Other Retail Format

Application:

  • Residential
  • Office
  • Industrial
  • Shop/ Stores
  • Hospitality
  • Outdoor
  • Architectural

About Us

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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Smart TV Market Analysis, Key Players, Segments & Forecast to 2031

With the surge in the need for smart TVs, leading manufacturers have now shifted their focus on technologies that cater to multi-functional consumer needs. Future Market Insights (FMI) in its latest study has forecasted the smart TV market to rise at a CAGR of ~24.7% between 2021 and 2031.

Innovations are transforming the television industry by integrating advanced technologies like artificial intelligence (AI), Internet of Things (IoT), Google Assistance, and internet-connected services in the latest models of smart televisions, which were not available in traditional cathode-ray tube (CRT) televisions.

Partnerships between big companies and small players are bolstering the scope for growth. Manufacturers are focusing on developing innovative product features, in addition to effectively developing sales and distribution channels. Most consumers focus on online product research before making a purchase.

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Key Takeaways from the Smart TV Market Study

  • The 45- 50 inches’ segment accounted for a 22.3% share in 2020, which is attributable to the increasing penetration of 4K TVs in the higher economic consumer class.
  • Multi-brand stores are a popular distribution channel, accounting for over 29% of the market. However, online sales are expected rise at 27.3% CAGR.
  • The U.S. currently holds the lead accounting for 79.5% of the North America market, driven by increasing consumer expenditure on lifestyle products.
  • Japan is expected to register high potential for growth, accounting for an estimated 51.7% share in East Asia market by the end of 2031, supported by easier access to new technologies.
  • India followed by Indonesia are projected to emerge as lucrative markets in South Asia, holding over 32% and 23% share.

Impact of COVID-19 on the Smart TV Market

The COVID-19 pandemic has adversely impacted the smart TV market. Lockdown imposed by governments, suspended operations in manufacturing facilities. Restrictions were imposed on the movement of non-essential goods and services for months, which hampered the overall supply/distribution for smart TVs across the globe.

Samsung which has manufacturing facilities in Vietnam, the Czech Republic, and Hungary was relatively less affected in 2019. However, with the closing of Hungary’s boarders and the lock down in Czech Republic, Samsung faced difficulties in operating its European facilities.

The outbreak had a negative impact on businesses in 2020 and continued to affect operations in 2021. However, in the current scenario, the smart TV market is expected to recover steadily from the downfall in the forecast period.

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Who is Winning?

Key players operating in the smart TV market include Samsung Electronics Co., Ltd, Panasonic Corporation, LG Electronics, Inc., Sony Corporation, Videocon Industries Limited, Haier Electronics Group Co, Ltd, TCL Corporation., Hisense Group, Sansui Electric Co., Ltd., Micromax Informatics, Sharp Corporation, VIZIO, Inc., Apple Inc, Toshiba Corporation, Hitachi Ltd and among others.

Players in the moderately consolidated smart TV market are largely involved in strategies for product development and launches in addition to investments for geographical and capacity expansion to sustain long term growth.

Get Valuable Insights into Smart TV Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global smart TV market, presenting historical demand data (2016-2020) and forecast statistics for the period from (2021-2031). The study divulges compelling insights on the smart TV market based on the display technology type (LED, QLED, HDR, OLED, LCD, IPS LCD, and XLED), screen type (flat, curved and foldable), screen size (32 inches and under, 33 to 44 inches, 45 to 50 inches, 51 to 55 inches, 56 to 65 inches, 66 inches and above), application type (residential and commercial{ hotels, restaurants, corporate offices, cafeterias, and others}) price (under US$ 500, US$500 – US$ 1000, US$ 1000 – US$ 2000, US$ 2000 – US$ 3000 and US$ 3000 and above), sales channel (hypermarkets/supermarkets, speciality stores, multi-brand stores, online retailers, wholesalers & distributors, and other sales channel), across seven major regions.

About Us

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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Cloud Business Email Market Development Trends, Competitive Analysis & Key Manufacturers Report 2027

The cloud business email market in North America is ready to exploit the innovative progressions in the region and rise as the biggest regional market based on revenue contribution to the worldwide market. A few organizations have begun actualizing the G-suite with add-on AI highlights to provide enhanced conveyance of enterprise email in an offer to draw in consumers. The global cloud business email market is expected to acquire a market value of nearly USD 2.15 Bn, proliferating at a CAGR of 10.4% during the forecast period from 2017 to 2027.

Due to the creation of cutting-edge and ground-breaking technologies that are driving the expansion of the global market, the IT industry is experiencing significant global transformation. The advent of the cloud in many facets of business has benefited organisations in how they handle routine business tasks, including corporate email solutions. The IT industry in North America is frequently the first to see such technical advancements, making the continent the epicentre of all inventions.

Financial institutions throughout Europe have embraced hosted cloud services quickly in recent years to ensure quick delivery of financial services in an effort to meet shifting customer and industry demands with increased efficiency and much less security risk. All of this is helping the cloud business email industry in Europe grow in terms of revenue.

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Western Europe and North America would essentially be higher development markets in the global cloud business email market after APEJ. While APEJ will record incremental prospects of US$ 823.2 Million over the evaluation period, the Western Europe market will show stable incremental prospects of US$ 498.5 Million.

Key Takeaways from Market Study

The solution provider is incessantly centering on carrying out the G suite with add-on AI features to provide enhanced delivery of enterprise email in an offer to pull in users. Illegal intrusions, increasing cyber threats, and data security issues, which is the foremost challenge for the worldwide market. The mainframe, UNIX, Linux, Windows, and others, these are functioning environment catered for the market. The rising acceptance of BYOD technology in business enterprises is a foremost prospect for the worldwide market.

Increasing Adoption of Cloud Business Email Solution amid the COVID-19 Pandemic outbreak

Nowadays, the COVID-19 crisis around the world showed that several organizations need to ensure they can work from anywhere, anytime, and creating greater urgency to adopting all forms of cloud. During this COVID-19 crisis, office-based employees have become remote workers. Cybercriminals can take advantage of distracted employee web browsing behavior and email behavior. As a result of COVID-19, Cybercriminals are also taking advantage of extensive discussion of the outbreak in cloud business emails and across the web. There continues steady growth in the number of COVID-19-related spear-phishing attacks, up 67% since the end of March. Increasing adoption of cloud business email solution with artificial intelligence to detect signs of malicious intent and deception with every email.

Increasing Demand of Hosted Cloud Services by Financial Institutions

Financial institutions across the globe have been quick in the adoption of hosted cloud services across public clouds to ensure speedy delivery of financial services in a bid to meet changing industry and customer demands with more efficiency and greater ease of security concerns. This is significantly adding to the revenue growth of the cloud business email market.

Key Players :

Prominent companies in the cloud business email market includes Microsoft Corporation, IBM Corporation, Google Inc., Micro Focus International Plc., NEC Corporation, Amazon Web Services, Inc., Hitachi, J2 Global Inc., Fujitsu, and among others.

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More Valuable Insights on Cloud Business Email Market

FMI’s report on the cloud business email market is segmented into three major sections such as operating environment (windows, Linux, Unix, Mainframe, and others), verticals (BFSI, healthcare, media & entertainment, IT & telecom, energy & power, automotive, consumer goods & retail, and others), and region to help readers understand and lucrative evaluate opportunities in the cloud business email market.

Cloud Business Email Market: Segmentation

The global Cloud Business Email market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

By Operating Environment:

  • Windows
  • Linux
  • Unix
  • Mainframe
  • Others

By Verticals:

  • BFSI
  • Healthcare
  • Media & Entertainment
  • IT & Telecom
  • Energy & Power
  • Automotive
  • Consumer Goods & Retail
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

About Us

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
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Cyber Security in Robotics Market 2022 Outlook, Current and Future Industry Landscape Analysis 2029

The Cyber Security in Robotics Market is slated to top US$ 3.5 Bn in 2022 and Expand at a healthy 11.0% CAGR, the market size is projected to total US$ 7.2 Bn by 2029.

A new market research report by Future Market Insights on cyber security in robotics market includes an industry analysis 2014-2021 and an opportunity assessment 2022-2029. The report investigates and provides critical insights on cyber security in robotics market. Furthermore, the cyber security solution market is expected to experience substantial growth over the upcoming years, due to various factorssuch as increasing demand for cloud security in robotics, increasing use of machine learning and artificial intelligence for cyber defense and increasing data protection for information security.

In addition, denial of service protection solution is expected to witness high adoption rates during the forecast period, due to overloading online services which are vulnerable to DOS attacks. Furthermore, the world is witnessing rapid increase in information security, human safety, data protection which, in turn, is creating potential growth opportunities for the cyber security in robotics market players.

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Leveraging Artificial Intelligence and Machine Learning for Cyber Defense

Artificial Intelligence and Machine Learning are being applied across major industries and applications, including the cyber security in robotics. These technologies are used to detect the cyber threats based on analyzing data and identifying a threat before it exploits a vulnerability in the information security in robotics. Moreover, Machine Learning remains a key focus area of companies operating in the cyber security in robotics market, as it enables the robot to predict threat and observe behavior anomalies with more accuracy. Machine learning and artificial intelligence are also used for detecting and tracking the active phishing sources.

Gains Upheld by Manufacturing Industry Prioritizing Robotic Security

Security concerns in robotics are increasing, as robots are connected to other robots, enterprise, or to the cloud, which enables access to internal systems and data servers. The data collected by robots is used by manufacturers to maximize the production efficiency and improve product quality. To ensure safe production, manufacturers are investing in cyber security solution such as authentication solution, encryption solution, secure communication solution, and denial of service protection solution to protect robots from hacking and to deal with vulnerabilities in the process. Cyber security is a top priority for manufacturers as cyber-attacks on robots can cause them a huge loss in production.

Cloud-based Security in Robotics

The data gathered by robots in different sectors can be stored on the cloud and can be used in the future. This ensures productivity growth and lower costs for enterprise. Cloud-based security is important in robotics as it provides better tracking and monitoring system than other security solutions. It also provides real-time firewall and signature updates blocking harmful traffic.

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Cyber Security in Robotics Market by CategoryBy Solution:

  • Authentication
  • Secure Communication
  • Encryption
  • Denial of Service Protection
  • Risk & Vulnerability Management

By Services:

  • Security Testing
  • Upgradation & Patch Management
  • Security Assessment

By Type:

  • Industrial Robot
  • Medical Robot
  • Collaborative Robot
  • Defense Robot
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa

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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 7-years.

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Hosting Infrastructure Services Market to Top a Net Worth of US$ 26.6 Bn by the end of 2029 | Report by FMI

The hosting Infrastructure Services Market is expected to hold a valuation of US$ 15.4 Bn in 2022 and rise at a high CAGR of 8.1% to top a net worth of US$ 26.6 Bn by the end of 2029. Operating efficiency along with low cost and enhanced protection are recognised as key factors behind the spike in the adoption of hosting infrastructure services. Also, robust developments in small and midsize businesses (SMBs) are being captured by market vendors as dynamic opportunities to gain higher traction, opines the FMI report.

A number of companies operating in the BFSI industry are embracing hybrid cloud models through which critical applications and processes are migrated to private cloud with advanced security attributes, while other applications are transferred to public cloud for agility and cost efficiency. These factors are likely to increase the appeal for businesses and enterprises to leverage hosting infrastructure service providers.

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Big Gains in Managed Hosting and Colocation Services

Managed hosting and colocation services continue to witness greater adoption; collectively, these account for 2/5th revenue shares. As businesses make it a point to focus on their core competencies, rather than worrying about managing IT infrastructure, average spending is likely to witness a steady increase. According to the study, adoption is likely to remain strong in storage, data security, and cloud computing categories. The adoption of managed hosting and colocation services on the basis of ‘pay-per-use’ model has thus enabled the critical exchange and crossroads of entire IT environment.

It is also imperative to note that virtual private server-based services or VPS hosting services are growing in prominence. Providing enhanced control over servers and enabling agile deployment of virtualized workloads at low infrastructure cost, spending on VPS services is likely to witness an uptick over the course of the forecast period.

While industry-wide adoption of Software as a Service (SaaS) continues to influence growth strategies, stakeholders are focusing on boosting the visibility of other services such as Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). As enterprises are increasingly incorporating IaaS in their hybrid IT environments, hosting infrastructure service providers are implementing latest tools and technologies to improve operational efficiency at competitive offering. According to the FMI report, hosting infrastructure revenues through the adoption of IaaS is estimated to register a year-over-year (Y-o-Y) growth of 8% in 2019 through 2018.

According to the report, vendors are focusing on offering novel services and highly standardized products through technological innovations. Small players are flourishing through the presence of data center in respective countries and specific offerings for local customers.

FMI’s research study offers a long-term perspective and extensive analysis into opportunities prevailing in the hosting infrastructure service market for the period between 2022 and 2029. According to the study, the global hosting infrastructure services market is estimated to record a CAGR of ~8.1% during the forecast period.

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Key Segments of Hosting Infrastructure Services Industry Survey

Hosting Infrastructure Services Market by Deployment Type:

  • Hybrid Cloud Hosting Infrastructure Services
  • Public Cloud Hosting Infrastructure Services
  • Private Cloud Hosting Infrastructure Services

Hosting Infrastructure Services Market by Service:

  • Managed Hosting
  • Colocation Services
  • Hybrid Hosting
  • Shared Hosting
  • Website Hosting
  • Virtual Dedicated Servers
  • Virtual Private Servers

Hosting Infrastructure Services Market by Enterprise Type:

  • Hosting Infrastructure Services for SMEs
  • Hosting Infrastructure Services for Large Enterprises

Hosting Infrastructure Services Market by Vertical:

  • Healthcare and Life Science
  • Energy and Utilities
  • Retail and Consumer Goods
  • IT and Telecommunication
  • BFSI
  • Government and Public Sector
  • Manufacturing
  • Media and Entertainment
  • Others

Hosting Infrastructure Services Market by Cloud Service Type:

  • IaaS Hosting Services
  • PaaS Hosting Services
  • SaaS Hosting Services

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Hosting Infrastructure Services Market by Region:

  • North America Hosting Infrastructure Services Market
  • Latin America Hosting Infrastructure Services Market
  • Europe Hosting Infrastructure Services Market
  • East Asia Hosting Infrastructure Services Market
  • South Asia & Pacific Hosting Infrastructure Services Market
  • Middle East & Africa (MEA) Hosting Infrastructure Services Market

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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 7-years.

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Intelligent Enterprise Data Capture Software Market is Projected to Close in on a Valuation of US$ 21.1 Bn by 2029

The Intelligent Enterprise Data Capture Software Market valuation of US$ 9 Bn in 2022 and US$ 21.1 Bn by 2029, expanding at a CAGR of 12.9% from 2022 to 2029. Future Market Insights (FMI) has recently published a market research report, titled “Intelligent Enterprise Data Capture Software Market – Global Industry Analysis 2014 – 2021 and Opportunity Assessment 2022 – 2029.” Intelligent enterprise data capture software takes control and accumulates a large volume of structured, semi-structured, and unstructured data.

Intelligent enterprise data capture software enables the rapid transformation of critical business documents into business process-ready digital content by using advanced recognition technology. Intelligence enterprise data capture software uses various technologies to capture all kinds of data such as texts, pictures, printed documents, and several others.

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Growth of Enterprise Application Realm Favoring Adoption

Digitisation of industries across the globe is increasing. Companies are moving from traditional manufacturing to digital manufacturing and adopting advanced technologies. Increase in investments in industrial IoT technology will bring about a significant change in the near future. Intelligent enterprise data capture software plays a crucial role in industrial automation. Manufacturing, construction, and other industries have witnessed the rapid adoption of advanced technologies.

These factors are positively impacting the intelligent enterprise data capture software market. Due to the growth of industrialisation, the overall enterprise application market has witnessed significant growth in the past couple of years. This is expected to have a cascading effect on the intelligent enterprise data capture software market.

Intelligent enterprise data capture software uses different types of technologies such as optical character recognition, intelligent document recognition, and handwriting recognition. Optical character recognition technology is used to convert different types of machine-printed documents, such as image files, PDF files, or scanned paper documents, into searchable and editable data. Intelligent document recognition technology helps recognise and capture handwritten printed characters from image files. Handwriting recognition is the ability of a mobile device or a computer to take as input handwriting from sources such as printed physical documents, pictures and other devices, or to use handwriting as a direct input to a touchscreen and then interpret this as text.

SMEs Emerging as Lucrative Targets for Investors

Advancements in the retail industry have revolutionised the adoption of intelligent enterprise data capture software components in various developing as well as developed regions. To meet the growing demand for error reduction and improved accuracy in the East Asia and South Asia regions, several intelligent enterprise data capture software platform providers have started investing in these regions.

The established as well as growing intelligent enterprise data capture software platform providers should focus on expanding their intelligent enterprise data capture software businesses across untapped developing country markets to enhance their global intelligent enterprise data capture software market share.

In addition, it has been observed that growing companies from various sectors are investing significantly on next generation data management solutions and business analytics platforms. Across the world, a growing number of small and medium enterprises are becoming prominent targets for the providers of intelligent enterprise data capture software. Hence, East Asian and South Asian markets are creating new business models for intelligent enterprise data capture software platform providers.

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Competition Insights

Key players are focusing on increasing their market shares in the intelligent enterprise data capture software market by entering into joint ventures and strategic partnerships with regional players. In addition, major intelligent enterprise data capture software market players are also expanding their global presence via strategic mergers and acquisitions. Some of the key players in the global intelligent enterprise data capture software market research report include Microsoft Corporation, SAP SE, IBM Corporation, OpenText Corporation, Oracle Corporation, Hyland Software, Inc., Box, Newgen Software Technologies Limited, M-Files, Oracle Corporation, and Nuxeo.

Key Segments of Intelligent Enterprise Data Capture Software Industry Survey

By Product Type:

  • Intelligent Enterprise Data Capture Software
  • Intelligent Enterprise Data Capture Services

By Deployment

  • On-premise Intelligent Enterprise Data Capture Software
  • SaaS & PaaS Intelligent Enterprise Data Capture Software
  • Hybrid Intelligent Enterprise Data Capture Software

By Line of Business:

  • Intelligent Enterprise Data Capture Software for Finance
  • Intelligent Enterprise Data Capture Software for Sales
  • Intelligent Enterprise Data Capture Software for Human Resource
  • Intelligent Enterprise Data Capture Software for Marketing
  • Intelligent Enterprise Data Capture Software for Legal Sector

By Industry:

  • BFSI
  • Healthcare
  • Media & Entertainment
  • Education
  • Professional Services
  • Construction
  • Retail
  • Government
  • Manufacturing
  • Others

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By Region:

  • North America Intelligent Enterprise Data Capture Software Market
  • Latin America Intelligent Enterprise Data Capture Software Market
  • Europe Intelligent Enterprise Data Capture Software Market
  • East Asia Intelligent Enterprise Data Capture Software Market
  • South Asia & Pacific Intelligent Enterprise Data Capture Software Market
  • Middle East & Africa (MEA) Intelligent Enterprise Data Capture Software Market

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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 7-years.

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Perimeter Intrusion Detection Market is Rising at an Impressive CAGR of 14.3% from 2022 to 2028 | FMI

The Perimeter Intrusion Detection Market is projected to close in on a valuation of US$ 152.4 Bn in 2022 and US$ 339.3 Bn by 2028, rising at an impressive CAGR of 14.3% from 2022 to 2028. Nowadays, for several industrial verticals, perimeter intrusion detection system is in the focal point when it comes to establishing a security plan. Industry verticals across the globe are adopting advanced security and surveillance systems to increase their internal and external security.

Moreover, governments across the globe are increasing the security at their borders for protection against terrorist attacks. These are some of the prominent factors that are boosting the global perimeter intrusion detection market.

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Application in Commercial Sector to Create Opportunities

In the global perimeter intrusion detection market report, Future Market Insights has segmented the global perimeter intrusion detection market by component, by type, by vertical, and by region. The component segment is further segmented into solution and services. Due to rapid adoption of next-generation and cloud-based solutions, the solution sub-segment is expected to create potential growth opportunities for the providers of perimeter intrusion detection solutions.

On the basis of type, the global perimeter intrusion detection market is sub-segmented into barrier-mounted, ground-based, free-standing, and rapidly deployable. Due to the rising integration of advanced sensors with barrier-mounted perimeter intrusion detection systems, the market is expected to witness an incremental opportunity of US$ 7,494.6 Mn between 2022 and 2028. On the other hand, the ground-based perimeter intrusion detection system sub-segment is expected to exhibit a CAGR of 14.3% during the forecast period.

Based on vertical, the perimeter intrusion detection system market is sub-segmented into military & defence, government, industrial, critical infrastructure, commercial, residential, and others. Due to increasing demand from the commercial sector, the commercial sub-segment is expected to create potential growth opportunities for the providers of perimeter intrusion detection systems. Furthermore, with the rising adoption of advanced security systems in the industrial sector, the industrial sub-segment is expected to grow with a high CAGR during the forecast period.

Emerging Regional Economies to Represent Lucrative Investment Pockets

On the basis of geography, North America is expected to dominate in the global perimeter intrusion detection market due to the advent of next-generation technological advancements in the U.S. and Canada. The Europe perimeter intrusion detection market will be a target market for market participants, as the regional governments are promoting and supporting advanced security systems.

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The perimeter intrusion detection market has high potential in China owing to major technological advancements in the country. China is now the most connected country in the world. In the recent years, the perimeter intrusion detection market in China has witnessed a significant growth. Latin American market for perimeter intrusion detection is also estimated to grow with a high CAGR over the forecast period.

Furthermore, the vital need for security against terrorist activities and the rising government budget for the defence sectors are among factors that have revolutionised the security infrastructure of various developed and developing regions. To keep up with the growing demand from the Asia Pacific and MEA regions, several security infrastructure component providers have started investing heavily in these regions.

Competition Assessment: Perimeter Intrusion Detection Market

Some of the key players in the global perimeter intrusion detection market research report include Honeywell International Inc., Johnson Controls Inc., Anixter, Schneider Electric SE, Axis Communications, Flir Systems, Rbtec Perimeter Security Systems, and Singapore Technologies Engineering Ltd. These perimeter intrusion detection providers are continuously focusing on offering advanced products and following the strategy of entering into partnerships and collaborations with other perimeter intrusion detection system providers to offer advanced perimeter intrusion detection systems and to reach new growth markets in the next few years.

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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 6-years.

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