Visitor Management System Market Size, Share, Future Road-map, Technological Innovations And Growth Forecast To 2021-2031

Future Market Insights (FMI) has projected the global visitor management system market to reach US$ 1.20 Bn by 2021. Adoption of visitor management system is increasing due to the rising demand for paperless administration process in the organizations. A visitor management software eliminates the use of log book or register facilitating automatic check-in process registering the information. The use of digital badges replaces the usage of printed or RFID cards for using on-premises and allows permission for internal access.

Visitor management system reduces expenses of dedicated human resource on front desk for maintaining visitor information and also reduces the expenses of buying the stationery. The adoption of visitor management is also increasing as the system can authenticate the visitor by issuing unique visitor ID and digital badges.

Banks & financial institutions segment is estimated to register a CAGR of 18.2% during the forecast period as the banks and financial institutions are customer centric and have heavy visitor footfalls on the bank premises on daily-basis. To conveniently manage and organize the visitor arrangements, the demand for visitor management solutions is increasing.

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Key Takeaways: Visitor Management System Market

The global visitor management system market is estimated to register a CAGR of 15.6% during the forecast period of 2021-2031
The U.S. will remain a highly lucrative market for visitor management system, accounting for 85% of the market in North America
The U.K. will exhibit 17.3% Y-o-Y growth in 2021, emerging as a key market for visitor management system
Germany and France will remain other lucrative pockets within Europe
Japan and South Korea will emerge as bright spots for market players in East Asia
“Some of the key players have begun offering facial recognition technology in visitor management software to provide accurate verification and identification of visitors. Also these players are focusing on launching innovative services for strengthening their market position and expanding the customer base,” says FMI Analyst.

COVID-19 Impact to be Positive for Visitor Management System Market

Businesses are facing the reality and adjusting the business model to account for the effects of COVID-19 pandemic. For ensuring business continuity, organizations are adopting advanced technologies and various solutions. They also are increasingly adopting visitor management software. Some of the businesses now need to allow other visitors and contractors into their premises while being fully accountable for safety of their employees, visitors and contractors.

Visitor management software helps businesses to ensure safety and also alerts for possible threats. It has been designed help organizations take on full accountability to keep their employees, premises, and intellectual property safe.

FMI has projected the visitor management system market is estimated to grow around 13% to 15% Y-o-Y from 2019 to 2021.

Mobile Technology-based Cost-effective Visitor Management System for Smart Offices

Visitor management system provides a cost-effective technological solution for smart offices by using capabilities of mobile technology along with the low cost WiFi modules. This is a cost-effective implementation of the system is used for managing visitors in an office environment. The growing need for increased security and ensuring health & safety is fueling the demand for mobile technology-based visitor management system. This system is also used to sign-in for visitors and staff using an iPad, web or mobile to send SMS, & email notification, and record visitor information.

Who is Winning?

Some of the key players operating in the visitor management system market are HID Global, Greetly, piLOBI, Ezy Signin, SwipedOn, Envoy, Proxyclick, Vizitor Inc, Traction Guest among others.

For instance, in March 2020, HID Global launched HID Signo to simplify the deployment and management of advanced security requirements across organizations.

More Valuable Insights on Visitor Management System Market

FMI’s report on the Visitor Management System market is segmented into four major sections such as solution (visitor management software, services), platform (web-based, mobile app), end user (gated communities, healthcare facilities, corporate offices, hospitality, academic institutions, real estate properties, and others) and region(North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa) to help readers understand and lucrative evaluate opportunities in the visitor management system market.

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Key questions answered in the report

How will Visitor Management System Market Expand until 2031?
FMI projects the global visitor management system market to register a CAGR of 15.6% through 2021-2031 assessment period.The market is driven by the growing need to ensure regulatory compliances with regards to visitors.

Which Solution of Visitor Management System is highly Sought-after?
The software segment is expected to lead the market for visitor management system through 2021-2031. Benefits such as touchless registration, photo capture, quick check-in, and others offered by visitor management software will enable its increasing uptake.

Who is the Leading End User of Visitor Management System?
The demand from banks and financial institutions is forecast to significantly increase in the coming years. Customer centric characteristic of banks and financial institutions, which is a result of heavy visitor footfall these institutions witness every day has been fuelling the demand for visitor management system.

Who are the Leading Players in Visitor Management System market?
Prominent players operating in the global visitor management system landscape include HID Global, Traction Guest, Envoy, piLOBI, Qbasis Pte, The Receptionist, among others

Office Seat Cushion Market Development Status, Competition Analysis, Type and Application 2030

The invention of comfortable seat cushions is a key factor that gained attraction towards office seat cushion market. Cushions are light, smaller in size and easy to transport these factors increases demand in the market. Office seat cushion market is estimated to have a steady growth rate during the forecast period.

Office seat cushion is a priority in all the key corporate offices to provide a comfortable sitting arrangement for the employee which in turn increases their efficiency. It is designed to support thighs, lower and upper back and head.

Due to COVID 19 pandemic manufacturing process had to be on halt impacting the business. Office seat cushion market’s supply chain has been disrupted due to restrictions on trading across borders. Whereas, due to the trend of work from home there has been a rise in demand for office seat cushion by employees.

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Office Seat Cushion Market: Drivers and Restraints

An increasing number of commercial establishments fuels demand office seat cushion market. Increased demand for comfortable office chairs directly impacts cushion market. With the rise in jobs requiring desk work also propels office seat cushion market growth.

Demand for quality infrastructure and comfortable working conditions for employee creates opportunities for office seat cushion market growth. However, increased focus on the aesthetics of chair creates demand for an office seat cushion market.

The number of competitors and entry of new players can hinder office seat cushion market. Volatile nature of pricing for raw materials can challenge the growth of the market.

Office Seat Cushion Market: Overview

Microfiber leather type cushion holds a major share of the revenue for office seat cushion market due to its flexibility, high tensile strength, uniformity, anti-bacterial and anti-odour properties. Artificial leather is the second-largest revenue-generating due to its ease of availability and less price.

Bench seat type office seat cushions have higher demand as compared to bucket seat type based on price and comfortability. Based on modality, fixed office seat cushion market has more demand than portable office seat cushion for better comfort.

Office seat cushion market is dominated by original manufacturers in distribution channel due to the increase in units for procurement and larger stock availability. On the other hand, the retail market distribution channel is for procurement in smaller quantity.

Online sales are expected to experience significant growth in the coming decade with increased adoption of e-commerce platforms.

Based on application, commercial establishments are expected to generate the highest revenue during the forecast period for the office seat cushion market due to the requirements in large quantities.

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Office Seat Cushion Market: Region-wise Outlook

North America will continue to hold a major share of the office seat cushion market due to the presence of the highest number of commercial establishments in the region. With an increased number of market players in the region, Europe generates significant revenue for the office seat cushion market.

Whereas, Asia-Pacific office seat cushion market is estimated to have the fastest growth due to the growing number of industries in the region. With government support and private investments, there has been a proliferation of MSMEs in Asia-Pacific region creating demand for an office seat cushion market.

Office Seat Cushion Market: Key Market Participants

  • Johnson Controls
  • Nile, IKEA
  • Mubo
  • Sunzm
  • Boyuan
  • Lear Corporation
  • Shigeru
  • Denso
  • ComfiLife
  • Grand Rapid Foam Technologies
  • Only Geal
  • JYM
  • Gelsmith

The research report on office seat cushion market presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report on office seat cushion market provides analysis and information according to market segments such as geographies, application, and industry.

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Office Seat Cushion Market: Segmentation

Based on Product type

  • Microfibre leather
  • Artificial leather
  • Chemical fibre
  • Gel-based

Based on Seat Type

  • Bucket seat
  • Bench seat

Based on Modality

  • Portable
  • Fixed

Based on Distribution Channel

  • Original manufacturer
  • Retail market
  • Online Sales

Based on Application

  • Home-based office
  • Commercial establishments

IoT For Cold Chain Monitoring Market – Growth, Statistics, By Application, Production, Revenue And Forecast To 2031

The increasing demand of real time data is encouraging the cold chain companies to adopt cloud technology for collecting, analyzing and sharing of the data where and when needed. This, according to a new study by Future Market Insights (FMI), will push the overall valuation of the IoT for cold chain monitoring market to US$ 4.79 Bn in 2021.

IoT technologies can utilize data that exists within the physical environment to unlock the business value across the cold chain in the form of brand equity, reduced waste, and return on investments. The web-based platform leverages real-time information from the manufacturing, production, storage and distribution stages to help companies monitor and manage asset health, temperature, work flow, vehicle location, and environmental data.

IoT offers a multitude of benefits and has been adopted across diverse industries for cold chain monitoring. According to FMI, healthcare & pharma segment is estimated to register a CAGR of 16.1% during the forecast period as the medicines and drugs are highly temperature sensitive and need to be stored and transported at consistent temperature levels so the supply chain operators are opting for IoT for cold chain monitoring solution for storing and transporting pharma products. A key point to consider here is that large enterprises will account for a dominant share of 55.2% of the market in 2021.

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Key Takeaways: IoT for Cold Chain Monitoring Market

  • The global IoT for cold chain monitoring market is estimated to register a CAGR of 13.6% during the forecast period of 2021-2031
  • The U.S. will continue leading the market, accounting for 86.7% of North America in 2021
  • The U.K. will remain a key market in Europe, exhibiting 10.8% Y-o-Y growth in 2021
  • Demand from Germany and France will continue increasing through 2031
  • While growth exhibited by Japan and South Korea is expected to increase at accelerated pace, over half of East Asia market will be accounted by China through the forecast period

“Market players have been focusing on strengthening their portfolio with innovations, besides which they are concentrating on collaborations to gain competitive advantage,” says FMI Analyst.

COVID-19 Impact Analysis on IoT for Cold Chain Monitoring Market

As the world is struggling with the COVID-19 pandemic, cold storage companies are working for ensuring that there are enough fresh products to buy. Due to COVID-19 the adoption of IoT sensors for cold chain monitoring is increasing has the sensors help to collect, analyze light, humidity and temperature as well as send notification with location details if any issue arises.

Cold chain management has emerged as a crucial factor during the pandemic. As governments and other entities has started COVID-19 vaccines distribution the demand is increased for cold chain monitoring. Cold chain management maintains the necessary refrigeration levels of temperature-sensitive coronavirus vaccine across manufacturing, transportation, storage, and distribution process.

However, the IoT for cold chain monitoring market is estimated to grow around 10% to 12% Y-o-Y from 2019 to 2020.

Adoption of IoT Technology is Driving the Market Growth

IoT adoption is increasing in response to the increasing awareness regarding the use of IoT in business and benefits of using IoT technologies is increasing. In emerging countries, the governments are announcing the plan to set up an IoT institute for developing IoT in automation, robotics, healthcare and other industries as the smartphone usage is increasing and there is availability of strong network of fourth generation broadband and data centers. Adoption of IoT will increase in various industries for different purposes such as adoption of IoT in cold chain monitoring will help the companies to monitor and manage the products and prevent them from damage.

Who is Winning?

Some of the leading players operating in the market are TE Connectivity, Huawei Technologies, Zebra Technologies, Aeris, Laird Connectivity, Roambee Corporation, MosChip Technologies Limited. SenseGiz Inc, HC Technologies, Dycodex.

These companies have been focusing on innovations to gain competitive advantage. For instance, in 2017 Orbcomm unveiled a state-of-the-art cold chain monitoring solution, which it called PT 6000.

More Valuable Insights on IoT for Cold Chain Monitoring Market

FMI’s report on the IoT for Cold Chain Monitoring market is segmented into four major sections such as component (hardware, IoT software/platform for cold chain monitoring, services), enterprise size (SMEs, large enterprises), industry (healthcare & pharma, retail & CPG, food & beverages, chemicals, and others) and region(North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa) to help readers understand and lucrative evaluate opportunities in the IoT for cold chain monitoring market.

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Key questions answered in the report

  • How will IoT for Cold Chain Monitoring market expand until 2031?

FMI projects the global IoT for cold chain monitoring market to register a CAGR of 13.6% during 2021-2031 owing to focus on quality and product sensitivity, government changing policies, and regulations and growth in pharma sector.

  • What is the impact on IoT for Cold Chain Monitoring sales?

In recent years, the demand for IoT for cold chain monitoring has been increasing owing to increasing investments in R&D of wireless sensors, and cold chain monitoring software by key players.

  • Who are the leading players in IoT for Cold Chain Monitoring market?

Prominent players operating in the global IoT for Cold Chain Monitoring landscape include Huawei Technologies, Roambee Corporation, TE Connectivity, Moschip Technologies Limited, HC Technologies, Laird Connectivity among others

  • Which component of IoT for Cold Chain Monitoring Market highly sought-after?

The hardware platform for IoT for Cold Chain Monitoring is highly sought-after. However, growth in the IoT Software/Platform for Cold Chain Monitoring is likely to happen at a higher pace between 2021 and 2031.

Healthcare Virtual Assistants Market Research, Segmentation, Key Players Analysis and Forecast to 2030

Healthcare virtual assistants can provide 24/7 patient monitoring. The AI and rule-based systems that interact with humans to perform various tasks. These assistants use cognitive technologies such as machine learning, natural language processing, and neural networks to enable interactive communications with the end-users.

Virtual assistant technology in the healthcare industry can assist in transforming various health processes and improve healthcare delivery, worldwide. The speech recognition-based virtual assistants system in the healthcare industry is focused on aiding the administrative tasks for physicians by automating the operational processes, such as medical transcription, scheduling, chart search, and medical information search.

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Impact of COVID-19 Pandemic Outbreak

The adoption is increased for the new interactive Chabot and voice assistant specifically to support healthcare organizations during the COVID-19 pandemic. The COVID-19 Virtual Assistant aims at helping educate the public and support medical professionals in screening and triaging people who may have been infected by the virus.

In the past 1-3 years, the market for healthcare IT solutions has grown by almost 20% globally. However, due to the COVID-19 outbreak, adoption of healthcare IT solutions is projected to increase by nearly 8%-10% in the year 2020, due to increasing healthcare concerns and medical assistance.

Furthermore, the market is expected to increase significantly during Q3-Q4 2020, to assist in the healthcare incidents rising post this pandemic situation.

Healthcare Virtual Assistants Market: – Market Dynamics

The advancements in IT systems and healthcare technologies play an important role in fueling the growth of digital healthcare IT solutions. Developments in mobile health technology has emerged as a natural extension of the new generation of healthcare IT systems.

The healthcare virtual assistants support the user database, including physicians, hospital staff, surgeons, and others. All these factors are supporting the rapid adoption of hospital automation solutions, and ultimately, fueling the growth of healthcare virtual assistants in the healthcare industry.

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Demand for 24×7 Connectivity Solution for Patient Monitoring

The rising demand for establishing efficient networks among hospital staff, physicians, and others is driving the demand for healthcare virtual assistants market. Hospitals and clinical labs are more focused towards delivering high-quality patient care, which is a challenging task.

Healthcare virtual assistants help users by providing seamless connectivity to internal and external medical professionals on a real-time basis, with 24×7 connectivity between physicians, nurses, clinical laboratory staff, and other hospital staff. This connectivity helps hospitals improvise patient care coordination, safety, and simultaneously provide satisfying service to their patients.

Healthcare Virtual Assistants Market: – Key Players

Key players in the Healthcare Virtual Assistants market are focusing on product expansion and strategic partnerships with the technology vendors to collaborate for offering quality healthcare products and services for sustained business growth.

The major players offering Healthcare Virtual Assistants solutions include –

  • Nuance Communications, Inc.
  • Amazon
  • Verint Systems Inc.
  • Infermedica
  • Sensely, Inc.
  • Microsoft Corporation
  • CSS Corporation
  • Egain Corporation
  • Kognito Solutions, LLC
  • Healthtap, Inc.
  • Babylon Healthcare Services Limited
  • ADA Digital Health, among others.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global healthcare virtual assistants market.

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Healthcare Virtual Assistants Market: – Segmentation

By Product, Healthcare Virtual Assistants Market is segmented into-

  • Web-based Chatbots
  • Mobile-based Chatbots

By End User, Healthcare Virtual Assistants Market is segmented into-

  • Healthcare Providers
  • Patients
  • Other End Users

Data Center Market 2021-2031 | Country Level Analysis, Current Trade Size And Future Prospective

Services by data centers have become highly sought-after, especially as organizations around the world generate staggering volume data on a daily basis. Future Market Insights (FMI) sees this as a key driver of the data center market, whose valuation is expected to reach US$ 103.05 Bn by 2021.

Technology is rapidly changing the economic landscape and creating several new opportunities for organizations to consider how they can expand their IT solutions to capitalize on emerging markets. Growing penetration of digital services across several industry verticals has resulted in the increased demand for data centers for storage, computing, and network management. This, in turn, will drive the demand for data centers.

Companies have already started investing heavily in the construction of new data centers and retrofitting existing facilities to incorporate the latest industry standards. This is expected to create attractive opportunities for growth in the near future.

The global data center market is estimated to register a CAGR of 7.4% during the forecast period of 2021-2031. FMI has forecast the IT & Telecom industry to emerge as a key end user, which is expected to account for 46.3% of the global market in 2021. However, the media & entertainment industry is expected to register growth at a higher CAGR over the forecast period.

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Key Takeaways: Data Center Market

  • Data center market is forecast to exhibit 5.3% Y-o-Y growth in 2021
  • The U.S. is one of the early adopters of latest technology and is expected to remain a highly lucrative market for data centers. It is expected to hold nearly 81.6% of the North America market in 2021
  • U.K. will exhibit high demand for data center. The U.K. market is expected to register 8.4% Y-o-Y growth in 2021
  • Germany and France will exhibit high demand. Of these, Germany is expected to account for lion’s share in Europe market
  • While Japan and South Korea will remain lucrative pockets, China is projected to continue leading the data center market in East Asia

 “The demand for hyperscale data centers has shot up in the last two years, as more businesses are shifting their IT infrastructure to cloud, this demand has created high growth opportunities for data center technology providers” says FMI Analyst.

Data Center Market Gaining from Digital Transformation Amid Pandemic

The health concerns are increasing around the world and causing significant business impact due to the on-going COVID-19 pandemic —particularly when it comes to delivering data. IT operations associated with data centres got drastically disrupted during this pandemic. Physically moving servers, closing buildings and opening a new space, is massively more complicated in the Covid-19 world.

However, the pandemic has pushed almost every major organization towards a path to digital transformation, as the surge in remote working calls for rapid mobilization of cloud computing to cope with a rise in demand for data. Countries have experienced exponential growth in data demand. The pandemic has underscored the importance of digital technology and data centers and has increased the adoption of data centers during the pandemic. It is also expected to witness significant growth during and post-pandemic era.

Increasing Adoption of Modular Data Centers

One of the key features of a modular data center is the ease of deployment and portability offered by it. As the product is a compilation of already prepared prefabricated modules, the speed of deployment and an option of portability has been the primary factor proliferating the demand for the same. Moreover, the compact size of modular data centers, compliments the aforementioned factors.

The introduction of micro-modular data centers and containerized modular data centers, i.e. an integration of IT infrastructure, power module and cooling solutions into one container, is also boosting the modular data centers market in various regions due to space constraints in these regions.

Who is Winning?

Some of the leading companies operating in the data centers market are IBM Corporation, Cisco System, Inc., HPE, Dell Technologies, Hitachi Ltd, NTT Communications, Schneider Electric, Comarch SA, ABB, and Huawei Technologies Co., Ltd. Companies operating in this market are focusing on various strategies to gain competitive advantage and expand their footprint.

For instance:

  • In November 2020, South Korea’s KT  finished the construction of Seoul’s largest hyperscape data center
  • In December 2020, it was announced by the U.S. government that it plans to invest US$300 Mn in  Liquid Telecom’s Africa Data Centres (ADC) to fund expansion in Kenya and South Africa
  • NIT has opened its London data center in 2020 as a part of a whopping £500 Mn investment plan

More Valuable Insights on Data center Market

FMI’s report on the data center market is segmented into four major sections such as component (hardware (data center power systems, data center racks, data center servers, data center networking devices, and others), software, and service (professional services (integration & implementation, consulting, and support & maintenance) and managed services)), data center size (small data center, mid-sized data center, and large data center), industry (IT & telecom, BFSI, manufacturing, healthcare, media & entertainment, and others) and region(North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa) to help readers understand and lucrative evaluate opportunities in the data center market.

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Key questions answered in the report

  • How will data center market expand until 2031?

FMI projects the global data center market to register a CAGR worth 7.4% across the 2021-2031 assessment period. Increasing penetration of cloud services is anticipated to drive the growth in a positive direction.

  • Which is the most lucrative market for data centers?

North America is the most lucrative market for data centers globally and it will remain dominant through 2031.  Within North America, the U.S. will account for the lion’s share due to the presence of a large number of data centers in the country.

  • Who are the leading players in data center market?

Prominent players operating in the global data center landscape include Dell Technologies, IBM Corporation, Cisco Systems, HPE, Dell Technologies among others

  • Which Industry is Exhibiting High Demand for Data Centers?

IT & Telecom industry is expected to remain the dominant end user for the data centers market through the forecast period. However, application in the media & entertainment sector is expected to increase at a higher rate.

  • Which Size of Data Center has been Registering High Demand?

Services by small data centers are expected to remain highly sought-after through 2021-2031.

Cloud Services Market Growth Analysis, Varieties And Analysis Of Key Players – Forecasts To 2030

Cloud services market is expected to surpass US$ 470 Bn by 2021, finds Future Market Insights (FMI) in a new study. Surging adoption across diverse industries to accommodate digitization will remain one of the chief growth enablers.

Besides BFSI, government, healthcare, and other industries, education institutions are rapidly adopting cloud-based email services such as email-as-a-service on large scale. These institutions provide email solutions to their staffs in order to do their daily operational tasks. These email solutions are implemented, maintained, and managed by cloud service providers. Educational institutions that are implementing cloud-based email, benefits from several enhanced services such as a user gets 10 GB of mail inbox storage that can be accessed from any place. Moreover, it offers instant messaging capabilities and 25GB of free online storage.

Multiple devices per user is a major factor driving demand of cloud based services for accessing the data on multiple devices without the need of any physical data transfer. This however is only a benefit for users who have multiple devices to access data on. Therefore as more devices such as Smart TVs, Smartphones and PCs gets adopted among consumers, demand for cloud services is increasing significantly.

Among services models available, the demand for software as a service (SaaS) is considerably high. FMI has projected it exhibit 21.6% Y-o-Y growth in 2021. Future Market Insights also states that the global cloud services market is expected to rise steadily at a CAGR of 20.4% during the forecast period of 2020 to 2030.

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Key Takeaways of Cloud Services Market Study

  • Cloud services market will exhibit impressive Y-o-Y growth at 19.9% CAGR in 2021. FMI projects growth trends to remain positive through the forecast period
  • Both U.S. and Canada will exhibit remarkable growth as markets for cloud services. Of these, the U.S. will register 64.9% of North America market in 2021
  • Exhibiting 20.7% Y-o-Y growth in 2021, the U.K. will emerge as a key market in Europe
  • Germany and France will remain attractive spots for cloud services market
  • Japan and South Korea will exhibit demand for cloud services at an accelerated pace through the forecast period

“Smart devices such as Smart TVs or Smart Watches have a limited internal storage and rely highly on the cloud for their functioning. Besides having low storage, these devices are also designed to work efficiently connected with other devices that the user owns. The growing demand for such cloud-dependent smart devices are creating new opportunities for the cloud services market.” says an FMI analyst.

Demand for Cloud Services Increased Under Pandemic Crisis

Under the pandemic crisis of COVID-19, the demand for cloud solutions and services has increased significantly, as most of the workforce started working from home/remote places. There is an influx in demand of cloud solution and services as organisations are adopting to remote work, entertainment, gaming, education and virtually everything else.

Many organisations have changed their priorities and by utilizing cloud automation, businesses are increasing their online presence by developing commerce websites on cloud platforms to decrease the impact of COVID-19 on operational efficiency and productivity. Owing to such factors pubic cloud services market revenue is estimated to increase by 1.6X during 2019-2021.

Shift of Enterprises towards Cloud Based Services

Increasing usage of cloud-based services for multiple workloads such as email services, data backups, CRM, ERP and collaboration services is expected to drive growth of the cloud platforms, over the forecast period. Cost of cloud-based services is comparatively cheaper as these do not require setting up of IT infrastructure. Therefore, many companies are shifting towards adoption of security solutions in order to secure their workloads on the cloud without risks of cyber threat.

Who is Winning?

Some of the leading companies operating in the cloud services market are Microsoft Corporation, IBM Corporation, Cisco System, Inc., AWS, Oracle Corporation, Dell Technologies, SAP, Google, Fujitsu Global, Rackspace Technology, Inc. and others. These companies are expected to focus on various expansion strategies to gain competitive advantage.

For instance, Google LLP acquired Cornerstone Technology, which is based in Netherlands and specializes in mitigating enterprise workloads, in February 2020. This acquisition helped Google LLP to expand its customer base across Europe.

More Valuable Insights on Cloud Services Market

In its latest report, Future Market Insights offers an unbiased analysis of the global cloud services market, providing historical data for period of 2015-2019 and forecast statistics for the period of 2020-2030. To understand opportunities in the cloud services market, the market is segmented on the basis of service model (Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS)), deployment (public cloud, private cloud, hybrid cloud), enterprise size (large enterprises, small and medium enterprises), industry (BFSI, IT & Telecom, Healthcare, Manufacturing, Government, Others) across six major regions.

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Key questions answered in the report

  • How will Cloud Services market expand until 2030?

FMI projects the global Cloud Services market to register a CAGR worth 20.4% across the 2020-2030 assessment period. The adoption of cloud service is increasing in the sectors where work from home initiative is helping to sustain enterprise business function in pandemic.

  • What is the impact on Cloud Services sales?

In recent years, the demand for cloud services has been increasing as it offers various benefits including access to broader network, on demand service, pay as you go, resource pooling, rapid elasticity, cost cutting and others.

  • Who are the leading players in Cloud Services market?

Prominent players operating in the global Cloud Services landscape include Dell Technologies, Oracle Corporation, IBM Corporation, Google, SAP SE among others

  • Which is More Preferred Service Model for Cloud Services?

Software as a Service (SaaS) segment will continue dominating the cloud services landscape, as per FMI study. Higher uptake of across diverse industries including government, healthcare, and others will enable growth in the segment.

  • Which Enterprises in terms of Size are Exhibiting High Demand for Cloud Services?

The demand from small and medium enterprises is expected to scale higher through the forecast period. The rising demand for effectively managing, storing, and accessing data in cloud will enable expansion of the segment.

DC Powered Servers Market – Growth, Statistics, By Application, Production, Revenue and Forecast To 2030

The global DC powered servers market report published by ESOMAR-certified Future Market Insights (FMI) estimates a healthy growth trajectory, expecting the market to reach US$ 3.2 Bn by 2030. Demand is largely underpinned by mushrooming developments across the global 5G infrastructure and cloud computing domains respectively.

As the global internet infrastructure witnessed credible gains, prospects abound across the telecom segment, which, according to FMI, is likely to expand at an annual growth rate of nearly 10% by 2021-end. High electricity and power consumption levels across this domain are spurring leading vendors to provide efficiency enhancing DC powered servers, creating a plethora of opportunities across the global market.

Since the onset of the coronavirus pandemic, rising incidences of potential data breaches have compelled organizations to invest in high-quality security platforms. Even prior to the pandemic crisis, instances of data breaches were already rising. Security solutions provider Norton registered a 54% increase in reported breaches in 2019. Hence, government initiatives to curb such instances have heightened growth prospects, with Future Market Insights predicting a valuation of over US$ 200 Mn by 2021-end.

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Key Takeaways

  • Global DC powered servers market to expand at a staggering 8.2% value CAGR through 2030
  • Rackmount servers to hold leading market share, blade servers acquiring substantial momentum
  • By power rating, 48V DC power servers to experience double-digit annual growth
  • Data centers to remain primary application area, followed by IT Enterprises, collectively expanding at a Y-o-Y rate exceeding 13% by 2021-end
  • India to emerge as a highly lucrative market, expanding at over 16% CAGR through 2030

“Increasing business dynamics is prompting key powered server vendors to offer configuration solutions supporting such extensive workloads, leading to the generation of lucrative revenue pools,” comments the FMI analyst.  

Competitive Landscape

The DC powered servers landscape is dominated by the below mentioned prominent players*:

  • Dell Technologies
  • IBM Corporation
  • HPE
  • Intel Corporation
  • Lenovo
  • Vertiv
  • Perle
  • ABMX Servers
  • Island Computers US Corp.
  • Cepoint Networks LLC.

Key Segments

Type

  • DC-Powered Rackmount Servers
  • DC-Powered Tower Servers
  • DC-Powered Blade Servers

Power Rating

  • 12V DC Power
  • 24V DC Power
  • 48V DC Power

Application

  • Telecom
  • Data Centers
  • IT Enterprises
  • Government
  • Energy & Utilities
  • Others

Region

  • North America (U.S & Canada)
  • Latin America (Brazil, Mexico & Rest of Latin America)
  • Europe (Germany, Italy, France, U.K, Spain, BENELUX, Russia & Rest of Europe)
  • East Asia (China, Japan & South Korea)
  • South Asia & Pacific (India, Thailand, Indonesia, Malaysia, Australia & New Zealand and Rest of South Asia & Pacific)
  • Middle East & Africa (GCC, Turkey, Northern Africa, South Africa & Rest of MEA)

More Insights on FMI’s DC powered servers Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global DC powered servers market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the DC powered servers market on the basis of type (DC powered rackmount server, DC powered tower server and DC powered blade server), power rating (12 V DC Power, 24V DC Power and 48V DC Power) and application (telecom, data centers, IT enterprises, government, energy & utilities, and others) across six major regions.

Ask More About Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-12903  

Key questions answered in the report

  • What is the outlook on DC powered servers demand?

The global DC powered servers market is poised to expand at a CAGR of 8.2% from 2020 to 2030. Growth is primarily underpinned by deepening penetration of 5G technology infrastructure and cloud computing platforms for ensuring efficacy of business operations, which consume a lot of power

  • Which are the prominent DC powered server vendors?

Prominent DC powered servers vendors profiled in FMI’s report are Dell Technologies, IBM Corporation, HPE, Intel Corporation, Lenovo, Vertiv and Perle to name a few

  • Which is the most promising DC powered servers market?

India is slated to account for the majority of the DC powered servers demand, owing to a flourishing IT sector. Over the years, Indian IT expenditure has registered an upswing, attributed to the presence of a technologically literate population

  • Which is the dominant powered server type?

According to Future Market Insights’ estimates, the DC-powered blade server type is anticipated to garner significant expansion opportunities due to reduced power consumption, easy to clean process and high processing power

Massive Open Online Course Market High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2030

The massive open online course (MOOC) market is expanding rapidly due to the rise in demand for online education amid the ongoing pandemic, finds Future Market Insights (FMI) in a new study. The extended lockdown and new social norms have resulted in skyrocketing demand for various massive open online courses for school students, college-goers, and others. According to a study by FMI, the global massive open online course market is expected to grow at 16.5% CAGR during the forecast period between 2020 and 2030.

The increase in requirement for various open online courses such as humanities, business management, science, and others is propelling the growth of MOOC market across the globe. As massive open online courses offer unlimited participation and open access via web to various courses, they have come to the rescue of student during lockdown amid COVID-19, as educational and corporate institutes remained shuttered to prevent the spread of the virus.

According to the research report published in the 2nd International Conference on Modern Management, Education Technology, and Social Science (MMETSS 2017) on United States, China, and India, in 2016 alone, around 23 million people joined in the MOOC family for the first time. The total number of MOOCs increased to 6,850 in 2017 from over 700 universities in 2016. And this trend is expected to grow further during the forecast period.

FMI offers an exhaustive overview of the market, its growth drivers, and restraints in its market study.

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

  • Demand in MOOC platforms is expected to surge considerably in the coming years
  • Education & training courses are set to witness surge in demand which in turn will cater to the market growth
  • Post graduates are expected to remain dominant end users of MOOC throughout the forecast period
  • North America will lead in the global market with its epicenter in Canada
  • South Asia & Pacific will emerge lucrative exhibiting highest rate of growth in the coming years

“With digitization gaining rapid traction, the demand for massive open online course has increased significantly over the past decade. The outbreak of COVID-19 pandemic has further increased the demand for MOOC across the globe. This trend is likely to continue even after the pandemic passes. With governments around the world taking initiatives to make education and training accessible to all, the market is expected to gain impetus in the coming years,” says an FMI analyst.

COVID-19 Impact Analysis

While the market got affected in the on-set of the COVID-19 pandemic earlier this year, the surge in demand for various online courses followed soon after. In order to continue with the respective courses as schools, colleges, and educational institutions remained shut during lockdown the adoption of online education and courses increased substantially.

According to the Organization for Economic Cooperation and Development (OECD), the evidence from web searches also points to the rise in requirement for online training. In Canada, France, Italy, the United Kingdom, and the United States, searches for terms such as online training, e-learning, and massive online open courses increased up to fourfold between end-March and early April 2020 as strict lockdown started in most OECD countries.

Though the world is recovering and about to get back to normal in a couple of years, the inclination towards online courses is anticipated to increase further in the coming years.

Who is Winning?

Competition in the global MOOC market is getting tougher gradually. In order to capitalize on the prevalent opportunities, the market players are designing new education modules and launching online courses to provide quality MOOCs.

For instance,

  • EDX launched its new range of MOOCs from the world’s best universities such as MITx, HarvardX, BerkeleyX, UTx, and others in 2020. Their courses covers various topics such as biology, computer, chemistry, science, computer, economics, and others.
  • Edureka launched its new range of instructor-led MOOCs along with their 24/7 online demand support to achieve highest course completion rates in the industry in 2020.Their real life projects and personal learning managers ensure that learning goals are meet on time

More Valuable Insights on Massive Open Online Course Market

In the latest report by Future Market Insights, we offer an unbiased analysis of the global MOOC market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of component (platform, services), course (humanities, computer science & programming, business management, science, health & medicine, education & training, engineering, and others), end user (high school, under graduates, post graduates, corporate), across six major regions (North America, Latin America, Europe, East Asia, South Asia & Pacific, MEA).

View TOC @ https://www.futuremarketinsights.com/reports/massive-open-online-course-mooc-market/table-of-content

Key Questions Answered by the Report

  • At what CAGR is the MOOC market expected to grow? According to Future Market Insights (FMI), the MOOC market is expected to grow at 16.5% CAGR during the forecast period between 2020 and 2030.
  • Which are the top companies in MOOC market? Some of the top companies in global MOOC market are EDX, Udacity, Edmodo, Edureka, and others.
  • Which component type of MOOC is highly sought-after? Platform is the highly sought-after component and is expected to maintain the lead throughout the forecast period.
  • Which is the most preferred course in the MOOC market? Education & training is the most preferred course in the MOOC market and is expected to exhibit hegemony in the coming years.
  • Which is the largest market for MOOC? Currently North America is the largest market for MOOC followed by Europe.
  • Which is the leading end user for MOOC? Post graduates are the leading end user for MOOC followed by under graduates.
  • What are the key challenges for MOOC market? Reaching out to the students in the rural and underdeveloped areas is still a point of concern for market players. The lack of proper internet connection, devices, and others often work as restraints to the market in this areas. However, with the various governmental initiatives, investments, and the initiatives taken by the key market players, the market is expected to overcome these restraints in the coming years.

Digital Commerce Platform Market Projected to Record Highest CAGR 14% by 2021 to 2030

ESOMAR-certified global market research and consulting firm, Future Market Insights (FMI) has recently published an exhaustive report on the global digital commerce platform market. According to the study, global digital commerce platform market is likely to surge at over 14% CAGR through 2029, with SME adoption in SME segment driving growth.

Over the years, e-commerce has made significant strides, with consumers spending over US$ 3 trillion on online purchases as of the previous financial year. This number has expanded nearly sevenfold as of today. This is welcome development for prominent digital solution platform providers in the coming years.

Of specific importance is the emergence of subscription-based e-commerce platforms, particularly in the media & entertainment segment, is generating lucrative expansion opportunities.

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Key Takeaways

  • Global digital commerce platform market to surge at nearly 14% value CAGR through 2029
  • Design & implementation services to register maximum incline by component type
  • High uptake is likely across small & medium enterprises, expanding at over 14% volume CAGR through 2029
  • Consumer electronics sales to witness maximum expansion, followed by fashion & apparel products
  • North America to remain the dominant digital commerce market, East Asia to expand the fastest

“Prominent manufacturers are emphasizing on offering diversified shopping channel experience, with reliance on social media as a primary marketing source for their products and services, greatly enhancing their revenue prospects,” comments the FMI analyst. 

COVID-19 Impact Analysis

As the COVID-19 pandemic tightens its grip on the global economy, businesses are increasingly relying on virtual platforms to conduct their operations. Since the pandemic’s onset, global e-commerce sales figures have aggrandized. The United States, for instance, is likely to experience over 40% e-commerce by 2020-end.

The overall impact of the pandemic crisis is highly diffused. While categories such as ICT/electronics, pharmaceuticals, PPE and groceries have surged, segments such as sports equipment, formal clothing and travel & tourism have witnessed substantial decline. In South Korea, e-commerce transaction value rose by nearly 16% between July 2019 and July 2020.

The trend of online buying is expected to outlast the COVID-19 pandemic, with consumers finding it highly convenient to make online purchases and greater access to internet devices. Although vaccine administration has begun, it will be a while before it is available globally, prompting consumers to observe social distancing protocols.

Competitive Landscape

Leading players in the global digital commerce platforms market are leveraging the ever expanding global virtual space to introduce technologically sophisticated solutions to potential clients. These players offer both B2B and B2C solutions to retain a broader customer base.

For instance, in July 2020, Unilog Content Solutions announced a partnership with Acumatica to offer the Acumatica Marketplace platform through which reselling partners can avail access to complimentary applications to enhance functionality of B2B e-Commerce solutions.

Similarly, in October 2020, Kentico Software launched the Kentico Xperience 13 digital experience platform for marketers and developers with new updates and features. The release is part and parcel of its rebranding of the Kentico EMS product to enhance content management, commerce and digital marketing capabilities.

More Valuable Insights on Digital Commerce Platform Market

In its latest report, Future Market Insights offers an unbiased analysis of the global digital commerce platform market, providing historical data for period of 2014-2018 and forecast statistics for the period of 2019-2029. To understand opportunities in the digital commerce platform market, the market is segmented on the basis of component (solution, services), enterprise size (small and medium enterprises, large enterprises), and end-use industry (food & beverages, fashion & apparel, health & beauty, electronics, home & furniture, automotive, media & entertainment, others), across seven major regions.

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Key questions answered in the report

  • How will the global digital commerce platform market expand in the future?

According to Future Market Insights, the global digital commerce platform market was valued at US$ 4.7 Bn in 2018, and is expected to reach US$ 20 Bn by 2029. Growth is primarily driven by increasing preference for cloud-based platforms

  • Which is the most promising digital commerce platform market?

North America is expected to remain the lucrative digital commerce platform market, attributed to surging e-commerce business volumes and growing numbers of start-ups. However, East Asia is expected to emerge as the fastest growing market, with China at the forefront

  • How is COVID-19 impacting the said growth projections?

The COVID-19 pandemic has only served to uplift the digital commerce platforms market growth, as consumers increasingly rely on e-commerce websites such as Amazon and Alibaba to make their purchases. Prolific increases have been registered across emerging economies, owing to surging business volumes

  • Which is the primary end-use industry for digital commerce platforms?

The electronics segment is expected to generate significant expansion opportunities, as social distancing protocols amid the pandemic crisis is compelling organizations to extend work from home arrangements, bolstering demand for gadgets such as laptops and smartphones. Moreover, increased reliance on media and entertainment is also propelling their demand

  • Which prominent players operate in the digital commerce platforms market?

Some prominent players active in the global digital commerce platforms market include Shopify, Inc., SAP SE, Oracle Corporation, Magento Commerce, Salesforce.com, Inc., Apttus, Intershop Communications AG, BigCommerce, WooCommerce, Sitecore, Episerver, Kentico Software and Unilog Content Solutions Pvt. Ltd.

Semiconductor Wafers Market Growth Opportunities, Industry Analysis, Size, Share, Geographic Segmentation & Competitive Landscape Report To 2030

ESOMAR-certified market research company Future Market Insights’ (FMI) recently published semiconductor wafers market study projects a largely positive growth trajectory for the 2020-2030 assessment period. The study divulges key dynamics responsible for shaping the future growth prospects of the market.

Deepening 5G technology penetration is amongst the primary growth drivers, as business houses and corporates look towards diversifying their future operations. By 2024, 5G networks shall cover 2/5th of the globe, handing a quarter of all mobile traffic data. Thus, production of wafers to manufacture ICs for 5G devices is rising.

Manufacturers are increasingly preferring gallium nitride semiconductor chips over the conventional silicon based chips, as the latter tends to have less temperature tolerance.

Key Takeaways

  • By application, automotive semiconductor wafer to experience nearly twofold growth until 2030
  • Extensive applications to be witnessed across consumer electronics, particularly in the manufacturing of integrated circuits (ICs)
  • By size, 150-200 mm semiconductor wafers is likely to generate over 2/3rd revenue share by 2020-end
  • East Asia to emerge as the market hegemon, with China pivoting maximum growth, Europe and North America remain highly lucrative
  • Global semiconductor wafers market to register value CAGR worth 5.6% through 2030

“Growing penetration of automation is accelerating demand for self-driven vehicles, an application area which is anticipated to generate lucrative growth prospects for leading semiconductor wafer manufacturers,” remarks the FMI analyst.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-12824

COVID-19 Impact Analysis

The novel coronavirus pandemic has ushered in multiple impacts across the global semiconductor wafers market. Stringent government-mandated lockdowns have contracted production of automotives, a key application area for semiconductor wafers.

A 16% decline was experienced in the global automotive industry since the past few months, thereby restraining sales of semiconductor wafers for multiple purposes such as infotainment systems, collision detection and navigation.

Simultaneously, surging sales of consumer electronic products is keeping the semiconductor wafers market demand afloat, particularly across emerging economies. With mandatory lockdowns imposed, corporate entities, educational institutions and entertainment houses are encouraging virtual interactions, thus upscaling demand for smartphones, tablets and laptops.

Taking the aforementioned trends into account, the semiconductor wafers market is likely to experience a moderate dip in the short-run, after which growth is expected to rebound on the back of easing restrictions.

Competitive Landscape

Prominent semiconductor wafers manufacturers profiled in the report include Applied Materials Inc., ASM International, Nikon Corporation, SCREEN Semiconductor Solutions Co. Ltd., Hitachi High-Technologies Corporation, Tokyo Electron Limited, ASML Holding N.V., KLA Corporation, Lam Research Corporation and others.

In November 2020, Hitachi High-Technologies Corporation launched its 3D SEM CT1000 used for defect observation across semiconductors. The devices enables a three-dimensional observation of pattern and defects shapes occurring during the manufacturing process on wafers measuring upto 200 mm in diameter.

In December 2020, Tokyo Electron Limited (TEL) announced the launch of its CELLESTATM SCD single wafer cleaning system, scheduled to hit the shelves by January 2021. The product is a collapse-free drying method which uses a supercritical fluid and is expected to ease semiconductor wafer cleaning processes.

More Valuable Insights on Semiconductor Wafers Market

In its latest report, Future Market Insights offers an unbiased analysis of the global semiconductor wafers market, providing historical data for period of 2015-2019 and forecast statistics for the period of 2020-2030. To understand opportunities in the semiconductor wafers market, the market is segmented on the basis of wafer size (Less than 150 mm, 150-200 mm, More than 200 mm), application (automotive, consumer electronics, industrial manufacturing, telecommunication, others), across six major regions.

Ask More About Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-12824

Key questions answered in the report

  • How will the global semiconductor wafers market expand until 2030?

According to Future Market Insights, the global semiconductor wafers markets is expected to register value CAGR worth 5.6% for the assessment period ranging from 2020-2030. Growth is primarily attributed to increasing demand from consumer electronics and automotive industries

  • Which is the most lucrative market for semiconductor wafer sales?

East Asia, particularly China, is anticipated to emerge as a potential revenue hotspot in the long-term. Growth is primarily ascribed to burgeoning automotive volume production, especially in the electric vehicles segment. However, Europe and North America are equally opportunistic markets for the future

  • How has COVID-19 impacted the predicted growth prospects?

The COVID-19 pandemic has ushered in a moderate blip, particularly in the automotive segment. This downturn is attributed to shortfalls in production levels experienced due to government imposed shutdowns. However, this downswing has been offset by a surging demand for consumer electronics in the wake of business entities encouraging work-from-home directives

  • Which is the most promising semiconductor wafers application segment?

Consumer electronics is likely to capture the lion’s share of the semiconductor wafers market, owing to increasing ownership of smart devices in the wake of deepening internet penetration. Moreover, foray into 5G technology is expected to act as a key growth stimulant

  • Which are the prominent semiconductor wafers market players?

Prominent players profiled in the global semiconductor wafers market include Applied Materials Inc., ASM International, Nikon Corporation, SCREEN Semiconductor Solutions Co. Ltd., Hitachi High-Technologies Corporation, Tokyo Electron Limited, ASML Holding N.V., KLA Corporation, Lam Research Corporation and others