Mobile Encryption Market Comprehensive Shares, Historical Trends And Forecast By 2031

The mobile encryption market is expected to reach US$ 8.5 Bn by 2031, at a significant growth rate of 25% during the forecast period 2021-2031. Growing concerns regarding data security and privacy issues, and the need for stringent compliance and regulatory requirements, is expected to propel demand from for mobile encryption, over the coming years.

Proliferation of smartphones and tablets across enterprises, increased usage of mobile technology, and rising availability of cost-effective mobile encryption solution along with technological advancements, are factors fueling the solution demand.

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What is Driving Demand for Mobile Encryption?

Growth in developments of cloud-based storage across various enterprises to protect valuable electronic data, including personal contacts, credit card numbers, and bank passwords, are such major factors fueling demand for mobile encryption solution across regions. Significant growth in the mobile encryption is expected to lead to greater opportunities for the integration of mobile devices to enhance cloud security solutions.

Growth in digitalization and growing usage of internet, along with rising BYOD trend are some of the major factors fueling demand for mobile encryption among enterprises. The increasing mobile encryption used in aerospace and defense application to enhance the system security is creating new growth opportunities for sales of the mobile encryption solutions.

Thus, to prevent, detect, securing, and responding to crime-prevention activities and managing traffic, an increase in the adoption of mobile encryption solutions has been witnessed by end-users of different verticals across the globe.

What is the impact of COVID-19 Pandemic Outbreak on Sales of Mobile Encryption?

The COVID-19 pandemic outbreak has disrupted many industries, including the mobile encryption market. As the stage of COVID-19 evolves across the world, technological developments have taken initiatives to stop the spread of COVID-19 disease.

Further, lockdown and restrictions have augmented the usage of mobile technology quite higher than usual. The mobile encryption solution sales is estimated to grow by 1.8X from 2020-2021 and would see a surge in demand amid the COVID-19 outbreak, as the growing need for interoperability between security devices becomes the new norm.

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US and Canada Mobile Encryption Market Outlook

US is one of the largest markets for mobile encryption globally. Demand for mobile encryption in US and Canada will be led by IT and telecom sector. Furthermore, the growing trend of mobile shopping, e-banking and online retailing is accelerating the demand for mobiles across the North America, which is, in turn, fueling the growth of the mobile encryption.

Moreover, growing emphasis on regulating the U.S. government regarding data integrity and protection is also estimated to drive the mobile encryption solutions in the U.S.  The mobile encryption solution providers are focused on R&D and product innovation to introduce innovative security solutions to expand their customer base.

Europe Demand Outlook for Mobile Encryption

The adoption of mobile communication technology is expected to rise significantly across in small and medium size businesses in countries across Europe. Moreover, mobile encryption solution offered in the European market are integrated with AI and cloud computing technology, enabling organizations get actionable insights and thereby focus on reducing organizational BYOD risks.

Some of the key players such as Adeya SA, Sophos Ltd., T-Systems International GmbH, and among others are focused on securing and offering advanced solutions has the potential to enhance customer experience through speed and convenience in European countries. Europe is identified as the second-leading market in mobile encryption, a position it is likely to hold on to, throughout the forecast period.

Who are the Key Providers of Mobile Encryption?

Some of the leading providers of mobile encryption include

  • Adeya SA
  • Becrypt, Ltd.
  • CSG, Inc.
  • Dell Technologies, Inc.
  • DataMotion, Inc.
  • Hewlett Packard Enterprise
  • IBM Corporation
  • Huawei Technologies Co. Ltd.

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Key Segments of Mobile Encryption Market

By Component:

  • Mobile Encryption Solution
  • Services

By Enterprises Size:

  • Small and Medium Enterprises (SMEs)
  • Large enterprises

By End-use Industry:

  • Banking, Financial Services, and Insurance (BFSI)
  • Aerospace & Defense
  • Healthcare
  • IT and Telecommunications
  • Retail
  • Others

By Region:

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

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Sales Coaching Software Market to reach a valuation of US$ 88.7 Billion by 2032

The global sales coaching software market is poised to reach US$ 47.6 Billion in 2022 and is predicted to expand at a stupendous CAGR of 6.4% to reach a valuation of US$ 88.7 Billion by 2032. Sales training and coaching technologies have been utilizing complex machine learning algorithms and AI at a rapid pace. Taking a holistic approach to sales will enable businesses to consider content, training, and coaching needs, as well as carefully select, implement and deliver their solutions to the market.

Technology acquisition and implementation has proven to be the easiest component of the sales equation. Using AI and the rise of technology, coaching can provide a scalable yet personalized approach that ends up developing sales capabilities as opposed to just supporting individual deals, allowing the ability to track progress, and helping to cascade best practices from top reps.

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Offering formal as well as informal learning methods in multiple delivery modes and formats is the key to building skills within the organization. A technology solution provides sellers with the ability to access learning in a style that matches their learning preferences. While technology and systems are easily made available, and even implemented, improving performance is more urgently dependent on what is delivered. This has been proven to be the easier way to improve sales in the market.

Key Takeaways from the Market Study

  • Cloud-based sales coaching software to grow at a CAGR of 6.1% during the forecast period
  • U.S. market sales coaching software is forecast to reach US$ 31.5 Billion by the end of the forecast period, growing at a CAGR of 6.2%.
  • Growing numbers of IT businesses are expected to expand in China over the period of 2022-2032 growing at a CAGR of 5.9%.
  • Deployment across large enterprises to be maximum, growing at a 5.8% CAGR
  • With the increasing adoption of CRM software in Japan, the market will grow at a CAGR of 5.2% over the forecast period

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Competitive Landscape

As new sales coaching software technologies are introduced, end-users will benefit from the introduction of new technologies. The ability to expand a company’s operational capabilities is one of the potential benefits of forming a strategic partnership. Businesses that use smart and dynamic sales coaching software to reduce security breaches and data losses in the market.

  • In May 2022, Mubadala announced that it has made an investment in Salesloft, a global leader in providing the most comprehensive sales engagement platform, partnering with Vista Equity Partners, a leading global investment firm focused only on enterprise software, data, and technology-enabled businesses. Investing in the company results in an increase in valuation, capital, and partnership to accelerate the company’s development and growth trajectory.
  • In August 2021, Bigtincan (BLTC) announced plans to raise US$ 135.3 Million in extra funding for the purpose of purchasing the U.S sales coaching business Brainshark Inc. With the purchase of Brainshark, the ASX-listed company will be able to create a combined business with ARR of US$ 119 Million and 100% ownership of the business.

More Valuable Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the global sales coaching software market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights by type (cloud-based and web-based), and by application (large enterprises and SMEs), across five major regions (North America, Europe, Asia Pacific, Middle East, and Africa and Latin America).

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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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Session Replay Software Market is to reach a valuation of US$ 88.7 Billion by 2032

The session replay software market is expected to develop at a CAGR of 14.0% through 2032, from USD 313 Million in 2022 to USD 1.2 billion by 2032. The primary reasons driving the growth of the session replay software market include the increasing demand for session replay software to fast-track digital data and obtain insight into user behavior.

The session replay software market is expected to increase due to rising demand from e-commerce businesses to improve customer experience and company perception, leading to a positive session replay software market outlook. The pandemic accelerated e-commerce adoption, perhaps irrevocably.

The session replay software market is developing as organizations increasingly employ session replay software to capture, preserve, and replay visitor interactions on their websites. The aforementioned factor brings about some of the crucial session replay software market trends in the near future. The COVID-19 outbreak had a detrimental influence on session replay software spending and session replay software market growth.

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Traditional software significantly contributes to productivity and is a major beneficiary of session replay software expenditure and session replay software adoption trends. Cloud computing and mobile devices are gaining traction as new delivery platforms for the most up-to-date software tools and apps. The trajectory of session replay software adoption trends is rising as the growing need for technical breakthroughs from end-users; the session replay software market future trends are expected to rise rapidly.

KEY TAKEAWAYS:

  • In the United States, the session replay software market is estimated to reach US$ 412.1 million by 2032, increasing at a CAGR of 13.8% through 2032.
  • The session replay software market in the United Kingdom is expected to be worth US$ 48.9 million by 2032, with a CAGR of 13.0% through 2032.
  • The session replay software market’s cloud-based segment form the type category is predicted to develop at a CAGR of 13.9% through 2032.
  • Through 2032, large enterprises in the session replay software market’s application sector will grow at a CAGR of 13.6%.
  • China’s session replay software market is expected to reach US$ 80.2 million by 2032, with a CAGR of 13.4% through 2032.
  • The market for session replay software in Japan is expected to be valued at US$ 66.1 million by 2032, expanding at a 12.6% annual rate through 2032.
  • South Korea is expected to reach a market size of US$ 37.8 million in session replay software by 2032, with a CAGR of 11.5% through 2032.

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COMPETITIVE LANDSCAPE:

A new market research report on session replay software shows that the legacy players in the session replay software market are concentrating on delivering solutions that meet specific needs, such as the installation of various technologies and the update and extension of current systems that will boost the session replay software market key trends & opportunities.

Ross, Grass Valley, EVS Broadcast Equipment, CollabNet, Datavideo Technologies Co., Techtel, Variant Systems Group, NewTek, and Marquis Broadcast are among the prominent participants in the session replay software market.

Session replay software market growth, escalation in session replay software market share, session replay software market adoption trends, and major market strategies are all included in the report.

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RECENT DEVELOPMENT:

Product Upgrades:

MBC has invested in Grass Valley’s K2 Dyno Replay System, which aids in the creation of appealing material such as programme highlights and replays for their professional football coverage.

Product Launches:

With pan/zoom technology, the K2 Dyno allows for instant playback and has highlights generating structure for SD, HD, UHD/4K, and 3G. This is the first in a series of Saudi Arabian ventures planned by MBC.

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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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Enterprise Mobility Market 2022 Key Players, End User, Demand and Consumption by 2032

According to Future Market Insights (FMI), the enterprise mobility market is forecasted to reach a net worth of US$ 510 Bn in 2022 to US$ 3828 Bn in 2032. It is estimated to register a robust CAGR of 22.3% over the forecast years.

Greater demand for a highly secure environment for corporate data management and protection has shifted the focus of the IT systems from the traditional software applications to more secured MDM enterprise solutions. Growth in the use of smartphones by customers for establishing direct communication channels with the service providers has also introduced the Android business device management solutions for augmenting the enterprise mobility and management market.

Increasing Cases of data breaches and online frauds in the recent past have been observed to incur a heavy loss to genuine business entities necessitating a more robust infrastructure on the data management front. This situation has created a huge opportunity for growth for the best MDM for small business units as well in the present market.

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Rapid development in the information technology (IT) sector around the world has created a huge market for enterprise mobility through the presence of many enterprise mobility application providers in the global market. Google enterprise mobility management solutions are featured to be the most popular products in the present global enterprise mobility market.

Key Takeaways

  • As per the market survey report, the global enterprise mobility market size is estimated to be around US$ 510 Bn in 2022. At the current market price, the absolute growth in terms of revenue is predicted to be around US$ 3.3 Tn through the forecast years until 2032.
  • Among the various components deployed for the enterprise mobility suite, devices are analyzed to be the dominating segment of the global market. This segment is expected to grow at a rate of 21.5%, reaching a valuation of US$ 1.5 Tn by the end of the forecasted period.
  • By the software type, mobile device management systems are the top-performing segment with a predicted CAGR of 23.1% for the forecasted years. With the growth in adoption of Android business device management, this segment is anticipated to be valued at US$ 625.7 Bn in 2032, growing up from US$ 63 Bn in 2021.
  • The US is the leading market for enterprise mobility and management services, acquiring nearly 19% of the global market alone. It is expected to reach a net worth of US$ 725 Bn in 2032 by witnessing a growth rate of 21.3%.
  • Brazil is the top-performing regional market for enterprise mobile application providers, with an estimated worth of US$ 24.8 Bn in 2021. The CAGR of 23.9% is the highest among all countries that are anticipated to take the enterprise mobility market value of Brazil up to US$ 262.4 Bn by the end of the year 2032.

Competitive Landscape

The major players operating in the global enterprise mobility market are Avaya Inc., Alcatel-Lucent S.A., Airwatch, LLC, Aruba Networks Inc, Cisco Systems, Citric Systems, Inc., Meru Networks, Good Technology, Inc., iPass, Inc., Hewlett-Packard Development Company Ltd., IBM Corporation, AT&T, Inc., Blackberry, Ltd., Cerner Corporation, Nokia Corporation, Panasonic Corporation, SAP SE, International Business System, Verizon Enterprise Solutions, Enterprise Mobile, Inc., and Globo PLC.

  • Vodafone Idea Business Service (VIBS) launched its Secure Device Manager (VSDM) powered by IBM Security MaaS360 in December 2019. This collaboration is expected to provide Vodafone an edge over its competitors in the domain of MDM enterprise solutions by offering AI insights and contextual analytics.
  • Symantec Corporation enhanced the SEP mobile in January 2019 by integrating several security systems such as CASB, WSS, and others. Such integrations have raised the value of enterprise mobility pricing resulting in higher market penetration for the company.

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Key Segments

By Component

  • Solution
  • Service

By Deployment

  • On Premise
  • Cloud

By Enterprise Size

  • Large
  • Small and Medium

By Device Type

  • Laptop
  • Tablet
  • Smartphones

By Industry Vertical

  • Healthcare
  • Energy and Utilities
  • BFSI
  • Retail
  • Government and Public Sector
  • IT and Telecom
  • Education
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

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Enterprise Content Management Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2032

According to Future Market Insights (FMI), the enterprise content management market is forecasted to reach a net worth of US$ 35.8 Bn in 2032 from US$ 14.2 Bn in 2021. It is estimated to witness a higher CAGR of 8.7% over the forecast years. Adoption of enterprise content management or ECM solutions by all sectors of the economy is a major shift experienced by the digital marketing sphere of the global market.

Over these years, different types of enterprise content management systems have entered the market, making the global market more competitive than before. A major driving factor for the enterprise content management governance systems was the outbreak of the covid-19 pandemic as most of the business operations proliferated into the remote work environments creating a huge opportunity for the developers of enterprise CMS solutions across the globe.

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Also, the growing trend of acquiring customers on a real-time basis through proper creation, publishing, and management of enterprise content over the online website has further boosted the requirement for services for managing enterprise content in the global market. The growing complexity of various tools used in the solutions for ECM lifecycle and the dearth of sufficient manpower to operate it is anticipated to limit the growth of the enterprise content management market.

Key Takeaways

  • Over the forecast years, the growth rate of different types of enterprise content management systems is predicted to experience year-on-year growth of 8.7%, reaching a valuation of about US$ 19.9 Bn by the end of the year 2025.
  • The software segment is the top-performing component of the enterprise content management market, with an anticipated CAGR of 8.8%. The market value of this segment is predicted to reach nearly US$ 19.34 Bn by the year 2032, going up from US$ 7.6 Bn in 2021.
  • By the size of end users, the large enterprises are the dominant contributing segment of the market for managing enterprise content. The total contribution recorded by this segment is estimated to be US$ 19.44 Bn in the year 2032.
  • North America is the leading region for the enterprise CMS platforms occupying a market share of almost 30%. US is the top-performing country in this segment, with a predicted market value to reach US$ 10.5 Bn by the end of this forecast period.
  • In the Asia Pacific, India has emerged to be the highest growing region with a record CAGR of 10.4%. Some of the top ECM solutions companies in the region are projected to contribute immensely in the coming years and take the overall valuation up to US$ 2.5 Bn by the year 2032.

Competitive Landscape

The major players operating in the global enterprise content management market are Alfresco Software, Inc., Capgemini S.A., Datamatics Global Services Ltd., EMC Corporation, Hyland Software, Inc., IBM Corporation, Laserfiche, M-files Inc., Newgen Software, Inc., OpenText Corp., Pennywise Solutions Private Limited, SAP SE, Systemware, Inc., and Tata Consultancy Services (TCS) Ltd.

  • Two new content service platforms were launched by Open Text Inc. in April 2021 by combining content management, case management, and integration. These new top enterprise CMS platforms by the name of Open Text Core Content and Open Text Core Case are anticipated to grow the popularity of the company by integrating ECM lifecycle in various formal and informal business processes.
  • Laserfiche released a new version of its solution for managing enterprise content is March 2021 by adding a number of extra features. It has introduced the provision for direct sharing of self-hosted systems, making it a more popular ECM solution among the end users.

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Key Segments

By Component:

  • Software
  • On-premise
  • Cloud based
  • Services
  • Consulting
  • System Integration
  • Operation & Maintenance

By Enterprise Size:

  • Small & Medium Enterprise (SME’s)
  • Large Enterprises

By Solution:

  • Document Management
  • Content Management
  • Case Management
  • Workflow Management
  • Record Management
  • Digital Asset Management
  • eDiscovery

By Industry Vertical:

  • Banking, Financial Institutions, and Insurance (BFSI)
  • Education
  • Government & Public
  • Healthcare
  • Media & Entertainment
  • Retail
  • Telecom & IT
  • Manufacturing

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • Middle East and Africa
  • Europe

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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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Botnet Detection Market 2022 | Present Scenario and Growth Prospects 2032

According to the botnet detection market analysis by Future Market Insights (FMI), the adoption of botnet detection is estimated to grow with a CAGR of 33.6% from 2022-2032. The report states that the market is expected to reach a valuation of ~US$ 635.4 Mn by the end of 2022. As per FMI, companies should build advanced bot managers to mitigate and manage bot traffic.

Botnet detection is a technique that is used to recognize a botnet, which is a computer network under the control of a malicious user. The botnet detection technique is built upon the traffic analysis between the botmaster and the bot. Some botnets are very hard to notice since they utilize HTTP service for communication with each other, and their communication is generally an encrypted format.

In order to guard against malware assaults, it is very important for any enterprise to include botnets, by protecting even the weakest link in the enterprise system and network. It is extremely important to remove a botnet, after it has been identified in a system with the help of a safety software. Additionally, it is essential to maintain proactive efforts for the detection of botnet after its elimination.

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Companies like Akamai Technologies, Imperva, Distil Networks, and PerimeterX are a few of the primary players in the market offering advanced solutions in the botnet detection market. For instance, Akamai Technologies holds a vision to standout, addressing the growing collaboration between security and line of businesses, recognizing the evolution of bot operations, and protecting the end-customer journey.

The company recently announced the launch of adjacent offerings like account protector and audience hijacking protection. Furthermore, the company offers a bot manager in order to manage and mitigate the impact of bot traffic.

Increasing smartphone penetration is one of the keyreasons responsible for the growth of the botnet detection market. For instance, according to the FMI analysis, in February 2022 the smartphone subscription recorded 6,567 Mn and is further forecasted to reach 7,690 Mn by 2027. In the last few years, smartphone botnets have become very popular. Moreover, android software which is extremely vulnerable to malware and is constantly targeted by the hackers owing to the popularity of OS across the world.

Furthermore, awareness initiatives adopted by various prominent players in the cyber security landscape and increasing government initiatives to remove botnets from their online space are expected to overcome this restraint in the near future. However, usage of traditional botnet detection methods by various enterprises coupled with a lack of awareness are responsible for restraining the growth of botnet detection market.

Key Takeaways: Botnet Detection Market

  • By component, the solution segment is anticipated to account for the leading share in the global demand for botnet detection during the forecast period. However, the services segment is estimated to grow at a robust CAGR of 34.7% through 2032.
  • By deployment, the cloud-based segment is anticipated to grow at a CAGR of 35% between 2022 & 2032.
  • Among the enterprise size, large enterprises segment is anticipated to hold the largest share of the global market and is estimated to increase at a CAGR of 33% between 2022 & 2032.
  • By industry, the media and entertainment segment is anticipated to grow at a CAGR of 35.9% between 2022 & 2032.
  • North America is dominating botnet detection market followed by Europe region in 2022. South Asia & Pacific is estimated to grow at the fastest rate over the forecast period.
  • The market in U.S. is expected to progress at a CAGR of around 33.9% through 2032.
  • In India, the botnet detection market is expected to grow at a CAGR of 39.2% during the forecast period.
  • Botnet detection market in China is estimated to witness the absolute opportunity of US$ 955.2 Mn in the forecast period.

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More Valuable Insights on Botnet Detection Market

Future Market Insight’s report on the botnet detection market research is segmented into five major sections – component (botnet detection solution, services (professional services, managed services)), deployment (cloud, on premise), enterprise size (small and medium-sized enterprises, large enterprises),  industry (BFSI, healthcare, retail, IT & telecom, manufacturing, government and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the botnet detection demand outlook.

Botnet Detection Market Outlook By Category

By Component:

  • Botnet Detection Solution
  • Services
    • Professional Services
    • Managed Services

By Deployment:

  • Cloud
  • On-premises

By Enterprise Size:

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

By Industry:

  • BFSI
  • Healthcare
  • IT and Telecom
  • Retail
  • Media and Entertainment
  • Travel and Hospitality
  • Government
  • Others

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By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

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Email Marketing Market Trends 2022 | Segmentation, Outlook, Industry Report to 2032

According to Future Market Insights (FMI), the email marketing market is forecasted to reach a net worth of US$ 12.4 Bn in 2022 and US$ 59.8 Bn in 2032 from US$ 10.4 Bn in 2021. It is estimated to register a robust CAGR of 17% over the forecast years.

As most of the marketing operations in any field are getting digitized day by day, the scope of the email marketing market has increased manyfold in the past decade. There are a number of email and SMS marketing platforms that help in generating leads by targeting the right customers for a profitable business for the enterprise. The growth in the number of internet users with personal email IDs has increased significantly with the growth of digital literacy around the world.

Establishing direct communication channels with the target audience and customers through eblast services has surfaced to be a cost-effective method of advertising and marketing. The top service providers in the domain of electronic direct mail marketing have experienced a huge demand owing to the rise in consumerism as well.

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The establishment of e-commerce platforms and delivery network systems in the past decade has also further boosted the requirement and results of free email marketing platform services. With the growth of online business activities, the demand for email marketing is anticipated to witness higher growth opportunities in the future.

Key Takeaways

  • The global email marketing market was valued at nearly US$ 10.4 Bn by the end of the year 2021 and is expected to witness an impressive CAGR of 17% until 2032. The absolute dollar growth of the email marketing earnings is predicted to be about US$ 47.4 Bn as per the market analysis report.
  • The software segment of the global email marketing market is expected to be the fastest-growing category, with an estimated CAGR of 17.7% over the forecast period. This segment is predicted to acquire more than 80% of the email marketing market share in terms of revenue.
  • Among the different types of methods used for free mass mailing services, automated systems are the most attractive option for different end users. This segment is anticipated to be valued at US$ 52.5 Bn by the end of this forecast period by witnessing a growth rate of 17.4%.
  • Asia Pacific is turning out to be the fastest-growing region for campaign mail services owing to its emerging information technology and communication (ITC) industry. India is the top-performing country in email marketing services with an estimated CAGR of 20.7%, followed by China at 19.7% over the forecast period.
  • The US email marketing market is valued at 1.35 Bn and is poised to grow at an estimated CAGR of 14%. By virtue of the presence of a number of cold email lead generation agencies, the regional market is anticipated to be valued at US$ 6.6 Bn by the year 20232.

Competitive Landscape

The major players operating in the global email marketing market include Alchemy Worx Ltd., Adestra Ltd., GerResponse, Vertical Response, Inc., Dotdigital Ltd., Forfront Ltd., BlueHornet Inc., Constant Contact Inc., BlueTie Inc., Drip Inc., Microsoft Corporation, International Business Machines Corporation, The Rocket Science Group, LLC (mailChimp), iContact Corporation, Zoho Corporation Pvt. Ltd., Campaign Monitor, Natexo Group, Epsilon, Responsys Inc. (Oracle Corporation), and Salesforce Inc.

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Key Segments

By Type:

  • Traditional
  • Automated

By Component:

  • Software
    • White Label Software
    • Third-party Standard
    • Web-based Application
  • Services
    • Integration and Installation
    • Support and Maintenance

By Enterprise:

  • SMEs
  • Large Enterprise

By End-use Industry:

  • Retail/E-Commerce
  • IT & Telecom
  • Travel & Leisure
  • Print/Publishing
  • BFSI
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America

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Document Capture Software Market is Estimated to Secure US$ 17.1 Billion by 2032 | Report by FMI

The global document capture software market is estimated to secure US$ 17.1 Billion while recording a CAGR of 8.5% during the forecast period from 2022-2032. The market is valued at US$ 6.9 Billion in 2021 and is expected to garner US$ 7.6 Billion in 2022. Growth can be attributed to the rising penetration of IoT and rising adoption of cloud computing technology. Rising demand for SaaS-based document capture software is expected to fuel the market in the coming time.

SaaS-based services offer a model which facilitates pay-per-use, which boosts the demand for the same, thereby, benefitting the industry in the forecast period. In addition, growing awareness about risks associated with legal liability with compliance needed in IT, transportation sector, and FMCG sector is another factor propelling the industry growth. Document capture solutions are gaining significant traction to cater to the routine document imaging needs for sectors like healthcare, finance, education, insurance, and transportation.

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On the contrary, growing issues associated with professional expertise, scalability, and automation are likely to hamper the market growth. However, increasing adoption of cloud computing technology in companies is anticipated to counter impeding factors and boost the market significantly.

Key Takeaways from the Market Study

  • The global document capture software market to value US$ 6.9 Billion in 2021
  • The global document capture software market to expand at 8.5% CAGR from 2022-2032
  • The hybrid segment to record 8.8% CAGR during the forecast period
  • The Large Enterprises segment to exhibit 8.3% growth rate during the assessment period
  • The U.S market size to reach USD 5.3 Billion by 2032, growing at an 8.4% CAGR
  • Chinese market to value USD 1.1 Billion during the forecast period
  • Market in India to secure US$ 1.4 Billion from 2022-2032

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Competition Analysis 

Key players in the global document capture software market include Adobe Systems Software Ltd., ABBYY Software, Artsyl Technologies Inc, Canon Inc., and IBM Corporation, among others. Players in the market take various initiatives to expand their reach in the global market. Some of the methods comprise partnership, mergers and acquisitions, and others. Recent key developments among players are:

  • In December 2019, Hyland Software, Inc. announced a partnership with Vertec Scientific to create a robust set of solutions that offers operational efficiencies for clinicians.
  • In September 2019, Ephesoft, Inc. announced a collaboration with Automation Anyware to combine document capture and RPA technologies. The combination can resolve amorphous data and ECM’s (Enterprise Content Managers) complicated problems.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global document capture software market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

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Key Segments Covered In The Document Capture Software Market Report

Document Capture Software by Deployment:

  • Cloud-based Document Capture Software Deployment
  • On-Premise Document Capture Software Deployment
  • Hybrid Document Capture Software Deployment

Document Capture Software by Organization Size:

  • Document Capture Software for Small and Medium Enterprises
  • Document Capture Software for Large Enterprises

Document Capture Software by Solution:

  • Multiple-Channel Document Capture Software
  • Cognitive Document Capture Software
  • Mobile Document Capture Software
  • Other Document Capture Software Solutions

Document Capture Software by Industry:

  • Document Capture Software for Retail
  • Document Capture Software for Banking
  • Document Capture Software for Financial Services & Insurance
  • Document Capture Software for Telecom & IT
  • Document Capture Software for Healthcare
  • Document Capture Software for Transportation & Logistics
  • Document Capture Software for Energy
  • Document Capture Software for Other Industries

Document Capture Software by Region:

  • North America Document Capture Software Market
  • Europe Document Capture Software Market
  • Asia-Pacific Document Capture Software Market
  • Middle East & Africa Document Capture Software Market
  • South America Document 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 10-years.

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DC and PKI Market is Likely to Surge at a Vigorous 21.4% CAGR from 2022 to 2032 | Future Market Insights, Inc.

DC and PKI Market is projected to reach a valuation of US$ 6.6 Bn in 2022 and US$ 46.1 Bn in 2032, likely to surge at a vigorous 21.4% CAGR during the forecast period 2022 – 2032. The major driving factors contributing to the DC and PKI market’s rapid growth include increased adoption of PKI solutions and services, increased trust in online sellers and customers, increased instances of malware and file-based attacks, rising concerns about data loss, increased adoption of IoT and cloud trends, and stringent mandatory regulations and compliances.

The reliance on internet enterprises has grown dramatically as a result of the COVID-19 epidemic. Vendors have seen a drop in demand for a DC and PKI system. In the midst of the COVID-19 pandemic crisis, different governments and regulatory bodies have ordered that both public and private organizations adopt new teleworking and social distance practices.

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Since then, digital business practices and the use of email with home servers have become the new business continuity plan (BCP) for many enterprises. With the increased usage of mobile devices and internet penetration throughout the world, people are becoming more motivated to utilize DC and PKI.

These shifting patterns and scattered IT architectures have rendered firms more vulnerable to cyber-attacks and data breaches, boosting demand for DC and PKI solutions even more.  To increase corporate efficiency, organizations are rapidly using varied technical innovations such as workplace mobility, virtualization, and cloud storage. As corporate data from the cloud and virtual storage can be quickly accessible on mobile devices, these advancements have helped firms perform effectively and in real-time.

However, having access to vital company information on mobile devices increases the danger of data loss and theft. Furthermore, the rise in the incidence of mobile device thefts has exacerbated data loss worries, as has the susceptibility of illegal access to corporate information.

Furthermore, corporations transmit information via a variety of physical storage media, such as USBs and DVDs, as well as emails. This raises worries about data theft since information travelling in an unsecured manner may result in unwanted access and abuse. Such difficulties have resulted in an increase in the demand for DC and PKI among businesses.

DC and PKI necessitate specialist expertise in both deployment and operation. Due to the complexities of DC and PKI, individuals with extensive knowledge and skills are required to correctly install and execute DC and PKI. The number of specialists specializing in DC and PKI is dwindling. It is not always seen as a critical business process. North America is expected to have the largest DC and PKI market share in the DC and PKI market. Early adoption of DC and PKI, as well as the availability of multiple suppliers offering DC and PKI solutions, is projected to boost regional DC and PKI market growth.

Businesses in this region are progressively employing DC and PKI solutions to enable data security, prevent cyber-attacks and commercial espionage, and provide data security and privacy for business continuity.

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KEY TAKEAWAYS: 

  • The software from the DC and PKI market is expected to grow at the fastest CAGR of 22.3% in the solution sector.
  • Banking, Financial Services, and Insurance (BFSI) are expected to grow at a high rate in the application sector of the DC and PKI market, with a CAGR of 24.8%.
  • The market size for DC and PKI in the United States is expected to reach US$ 17.9 Billion by 2032, growing at a CAGR of 24.4% during the research period.
  • United Kingdom is expected to reach a market size of US$ 7.3 Billion in DC and PKI by 2032, with a CAGR of 23.7% during the research period.
  • China’s DC and PKI market is expected to be worth US$ 3.4 Billion by 2032, with a CAGR of 20.6% over the forecast period.
  • Japan is expected to have a market size for DC and PKI of US$ 2.6 billion by 2032, with a CAGR of 19.5% during the research period.
  • By 2032, India is expected to reach a market size of US$ 1165.3 Billion in DC and PKI, with a CAGR of 17.8% during the research period.

COMPETITIVE LANDSCAPE: 

GMO GlobalSign, Inc., GoDaddy Group, Verisign, Inc., Thales Group, and Comodo Group, Inc. are among the key and innovative players in the DC and PKI market.

  • The Telecom Infra Project (TIP) has chosen DigiCert to deliver worldwide DC and PKI -based security services for TIP’s OpenWiFi platform in May 2021. TIP chose to cooperate with DigiCert because of its focus on offering the finest PKI solution with high automation and scalability. The DigiCert IoT Device Manager, built on the DigiCert ONE platform, offers highly scalable and automated digital certificate administration to help OpenWiFi increase its next-generation Wi-Fi accessibility.
  • ManageEngine launched additional capabilities in its Key Manager Plus, a solution for end-to-end certificate administration, in May 2021. Key Manager Plus now includes an Active Directory (AD) synchronization tool, which allows users to plan regular synchronizations for single or many domains.
  • AppViewX teamed with Ingram Micro in May 2021 to market, distribute, and enhance awareness of AppViewX’s Certificate Lifecycle Management solution in the United States. AppViewXpert, an upgraded channel partner program, was developed as a result of this strategic alliance. The partner program is designed to grow AppViewX’s partner ecosystem and increase client growth.

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Key Segments

By Solution:

  • Hardware
  • Software

By Deployment Model:

  • Cloud Based
  • On-Premise

By Application:

  • Banking, Financial Services, and Insurance (BFSI)
  • Real Estate
  • Education and Research
  • Healthcare and Life Sciences
  • Human Resources
  • Legal
  • Manufacturing
  • Government and Defence
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)

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

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Extruders and Compounding Machines Market 2022 Assessment and Key Insights Analyzed Till 2027

Future projections on this market have been chalked to assess the growth path of the market. An in-depth market segmentation is carried out that explores every angle of the market with which relevant acumen can be obtained. A forecast analysis for a period of 10 years has been drawn that can support the reader in slating future moves.

Global Extruders and Compounding Machines Market: Forecast Highlights

The global market for extruders and compounding machines is expected to grow at a moderate value CAGR of 4.7% during the period of forecast, 2017-2027. The global extruders and compounding machines market was valued at around US$ 11 Bn in 2017 and is estimated to reach a valuation of more than US$ 18 Bn by the end of the year of assessment (2027).

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Global Extruders and Compounding Machines Market: Dynamics Impacting Growth

Increase in the demand for plastics across several regions in the globe, integration if IIoT in the field of compounding and extrusion, increasing threshold in cable manufacturing sector, increased use of extruders and compounding machines in small and medium scale industries, rising food and beverage sector across the globe especially in emerging economies, increasing trade policies supporting the market’s growth, and increasing demand from construction, consumer goods and packaging industries have supported the growth of the global extruders and compounding machines market. Factors such as strict government regulations on using non-green machines, problems associated with BREXIT and stringent regulations on plastic products have posed restraints to the market’s growth.

Global Extruders and Compounding Machines Market: Key Segmental Outlook

The global extruders and compounding machines market is segmented on the basis of product type, application, end use industry and region.

  • By product type, the adoption of twin screw is expected to dramatically rise in the coming years. This makes the twin screw segment highly attractive and it is projected to grow at the fastest rate to reach a high valuation by the end of the forecast period
  • In the application category, speciality plastics segment is estimated to reflect a higher valuation than other application segments thus leading the global market. Moreover, the master batch production segment is projected to grow at a significant pace in the coming years
  • By end use industry, plastics industry segment and food and beverage segment have largely contributed to the growth of the global extruders and compounding machines market. Plastics industry segment leads the way
  • In the region category, Asia Pacific excluding Japan (APEJ) is anticipated to radiate high market attractiveness. The extruders and compounding machines market in APEJ region is the largest with a significant market valuation and is projected to expand at a high value CAGR of 5.7% throughout the period of forecast

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Global Extruders and Compounding Machines Market: Competitive Landscape

The global extruders and compounding machines market research report has included key player analysis covering several facets such as financials, developments, expansion strategies and product portfolios of key companies dealing with extruders and compounding machines. Key companies such as Toshiba Machine Co., Ltd., The Japan Steel Works Ltd., Coperion GmbH, Battenfeld-Cincinnati, NFM Welding Engineers, Inc., Clextral S.A.S., KraussMaffei Berstorff GmbH, Leistritz AG, Davis-Standard, LLC, Theysohn Extrusionstechnik GmbH, Everplast Machinery Co., Ltd., Breyer GmbH, Rajoo Engineers Limited, Gneuss Kunststofftechnik GmbH, Cheng-Hua Machinery Co., Ltd., Kabra Extrusion Technik Ltd., and SML Maschinengesellschaft mbH are covered in this research study.

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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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