Cloud analytics market is anticipated to grow at a significant CAGR of 16.1% during the forecast period (2024-2031). The market growth is attributed to increasing cloud-based analytics solutions that enable businesses to accelerate digital transformation projects, improve customer experiences, maximize operational efficiency, and strengthen network security protocols globally. According to the World Bank, in June 2022, cloud services advanced digital transformation for governments. Cloud services offer governments cost savings, capacity to rapidly scale, advanced cybersecurity features, and access to powerful analytical tools for processing big data.
Model-based enterprise market is anticipated to grow at a significant CAGR of 10.9% during the forecast period (2024-2031).The market growth is attributed to the increasing use of 3D technology in many industrial verticals to meet the growing need for new applications—from 3D modeling to model-based business solutions globally driving the market growth.
Alternative data market is anticipated to grow at a CAGR of 11.8% during the forecast period (2024-2031). The market growth is attributed to the increasing adoption of Alternative Data in asset management companies that developing their research instruments, making investments in automated data-gathering technologies, and forming partnerships with suppliers. With the increasing application of alternative data via online scraping and financial transactions compiling data from all available sources, corporations are actively enhancing their offering.
Cloud workload protection market is anticipated to grow at a CAGR of 15.2% during the forecast period (2023-2030). Cloud workload protection includes the practice of protecting applications, services, and capabilities running on a cloud resource. Virtual machines, databases, containers and applications are all considered cloud workloads. The growing adoption of cloud security and compliance with the improving cloud strategy is the key factor supporting the growth of the market globally.
Big data analytics in the manufacturing market is anticipated to grow at a significant CAGR of 14.0% during the forecast period. the increasing number of manufacturing units across the globe, along with the presence of key market players such as IBM, Microsoft, Softserve, and others will further enhance the market growth during the forecast period. For instance, in May 2022, SoftServe was unveiled as a services partner of two new Google Cloud manufacturing solutions.
The global cloud GIS market is anticipated to grow at a considerable CAGR of 8.8% during the forecast period. The cloud geospatial information service (GIS) is a web-based information system that generates data in the form of maps, which help businesses to analyze and optimize their operations. It provides media-enriched location information at any place and at any given time. This method requires less time to share, analyze, and publish data. Cloud GIS uses a virtualized platform that is beneficial for a scalable and elastic environment.
Digital vault market is anticipated to grow at a CAGR of 5.8% during the forecast period (2024-2031). A digital vault is a digital repository specifically designed for securely storing and managing sensitive digital information through encryption, such as personal identification information (PII), financial records, legal documents, passwords, and other confidential information. The market growth is driven by the rising prevalence of cybercrimes such as ransomware and business email compromise (BEC), among others; a growing trend toward a remote work culture and bring your own device (BYOD); and an increase in digitization of data storage and payments.
The global cloud advertising market is anticipated to grow at a significant CAGR of 18.7% during the forecast period. The increasing number of internet users globally has not only shaped the evolution of cloud advertising through different forms of digital advertising however it has also improved the advertising business models, along with the market levels and players. Furthermore, the upgrade in technological advancements along with the increase in utilization and requirement of the internet, combined with its expanding commercial application has further boosted the market.
The global device as a Service (DAAS) market is growing at a considerable CAGR of 7.0% during the forecast period. Increasing demand related to virtual solutions and services, rising cloud computing services adoption is considered as the prime factors affecting and driving the market.
The global Hadoop market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The amount of data produced is developing hastily, because of the advances in new technologies, devices as well as in communication.
The global modular data center market is anticipated to grow at a significant CAGR during the forecast period 2021-2027. The modular data center is an innovative, portable and effective alternative to the traditional data center and can be integrated into a system of modules.
The global data storage market is expected to grow at a significant CAGR during the forecast period (2021-2027). The need for smartphones, laptops, PCs and online storage applications in small and large businesses will boost the industry.
The Bare Metal Cloud Service also known as the Infrastructure as a service (IaaS), is used as a hybrid cloud infrastructure segment to protect the most intensive and sensitive data. In order to fulfill the information technology infrastructure need within an enterprise, the bare metal cloud offers dedicated hardware equipped with the facility, storage, and data center networking.
SDN Orchestration stands for software defined networking orchestration and is also known as SDN Policy. Basically, it is the capacity to initiate automated behaviors in a network and to differentiate the network services from the network components.
The global cloud discovery market is expected to grow at a significant CAGR during the forecast period 2021-2027. Cloud discovery is based on the cloud computing system that is widely applicable to access and store programs and data over the internet.
The global building talkback market is expected to grow at a significant CAGR during the forecast period (2021-2027). The increasing adoption of cloud services, growing trends towards mobility and BYOD, increasing opportunities in the administration are some major factors that consequently drive the growth of the global building talkback market during the forecast period.
The Data Center Switch Market is expected to grow at a significant CAGR during the forecast period (2021-2027). A data center switch is a multiport network bridge that creates a network connection in a data center that allows data to be received, processed, and routed from one location to another.
The global enterprise information management market is anticipated to grow at a CAGR of 13.78% during the forecast period. The major factor for growth of the market is the increasing unstructured data, adoption of cloud computing, rise in big data analytics, process improvement, and many others.
The global enterprise data storage market is anticipated to grow at a CAGR of 8.6% during the forecast period. The major factor for growth of the market is the increasing use of smartphones, laptops, IoT, tablets, and increasing use cloud computing. All these factors will fuel the growth of the market during the forecast period.
Desktop as a service market is expected to grow at a CAGR of around 14% during the forecast period 2021-2027. Virtual Desktop Infrastructure (VDI) is outsourced to a third-party marketer, along with all the features for upgrades, security, knowledge backup, and all back-end support, in desktop as a service model.
The Global Multi Tenant wholesale Data Center Market is estimated to grow at a significant CAGR during the forecast period. A multi-tenant data centre commonly referred to as a colocation data centre is a facility where businesses can rent space to store their data. Businesses can hire everything from a server rack to a fully functional module to fulfil their specific needs.
The global multi tenant data center market is estimated to grow at a significant CAGR during the forecast period. A multi-tenant data centre, commonly referred to as a colocation data centre, is a facility where businesses can rent space to store their data.
The Global Virtual Data Center Market is estimated to grow at a CAGR of 8.77% during the forecast period. A virtual data center is a product of cloud computing's Infrastructure as a Service (IaaS) delivery model.
The Global cloud managed service market is estimated to grow at a CAGR of 51.1% during the forecast period. As cloud usage continues to expand in the U. S., effective management remains a top goal for most businesses.
The global cloud migration services market is expected to grow at a significant CAGR during the forecast period (2021-2027). Cloud migration refers to a collection of procedures that assist end-users in migrating or moving their company operations, processes, and applications to a cloud infrastructure or cloud computing environment.
The global big data in e-commerce market is estimated to grow at a significant CAGR during the forecast period. There is a significant rise in big data coupled with rising internet penetration.
The global cloud application infrastructure middleware market is estimated to grow at a significant CAGR during the forecast period. Middleware is software that allows software components and applications to communicate with one another.
The global cloud microservice market is expected to grow at a significant CAGR during the forecast period (2021-2027). A cloud microservices is a software development approach that consists of a group of loosely connected services.
The global remote access server market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing adoption of BYOD in various organizations and the increasing number of smartphone users across the globe.
The global big data analytics in banking market is anticipated to grow at a CAGR of 28.5% during the forecast period (2021-2027). Banks record millions of transactions in real-time daily. The volume of data generated by the banks creates a challenge for the bankers.
US cloud database and DBaaS market are estimated to grow significantly during the forecast period. The major factors that propel the market growth include the growing demand for automated cloud database management in the various sector such as BFSI, healthcare, the significant presence of major market players including Amazon, Microsoft, and others in the country, secure and technological advanced IT infrastructure in the country.
UK cloud database and DBaaS market are estimated to grow significantly during the forecast period owing to the significant adoption of the digital solutions in various enterprises such as BFSI, retail, IT & telecom coupled with the presence of a large amount of cloud data in these industries that further required cloud database services.
North American cloud database and DBaaS market are estimated to grow significantly during the forecast period. The market is mainly driven due to various pivotal factors including a significant number of enterprises in the US, significant adoption of the cloud database services in various industries such as BFSI, healthcare, retail, energy & utilities, and others.
European cloud database and DBaaS market are estimated to grow significantly during the forecast period. The factors that are responsible for the growth of the market in the region include the rising number of enterprise data in the various sector such as BFSI, IT & telecom coupled with cloud database management services in the region.
Asia-Pacific cloud database and DBaaS market is estimated to grow significantly during the forecast period. The major factors that contributing to the growth of the market include the rising adoption of cloud database services coupled with significant growth in enterprise data in small and medium enterprises in the region.
US DWaaS market is estimated to grow at a significant CAGR during the forecast period. This growth is backed by the presence of well-developed IT and healthcare infrastructure. The US is regraded the major country across the globe in the adoption of advanced technologies. Moreover, the growth of the market in the US is attributed to the rise in the number of enterprises.
UK DWaaS market is estimated to grow at a significant CAGR during the forecast period. This growth is backed by the high number of enterprises that will create a demand for physical, technological resources across business units. UK is one of the most modern and technologically updated countries; therefore, the global market players have a significant presence in UK.
The North American DWaaS market is estimated to grow at a significant CAGR during the forecast period. This growth is backed by the growing number of enterprises in North America, particularly in the US. Moreover, the rising adoption of cloud services and the high adoption of data warehousing services are further driving the market growth in the region.
Indian DWaaS market is estimated to grow significantly during the forecast period. The major factors that propels the market growth include rising adoption adoption of data warehousing services by small and medium enterprises and rising government initiatives for digitization in the country.
European Data Warehouse as a Service (DWaaS) market is estimated to grow at a modest CAGR during the forecast period. The key driving factor of the market in the region is the rising number of enterprises, which is significantly growing data volume in the region. Moreover, the growing adoption of private cloud and rising demand for such data warehousing solutions across the rising number of SMEs are some other factors driving the market growth in the region.
Asia-Pacific Data Warehouse as a Service (DWaaS) market is estimated to grow significantly during the forecast period. The major factors that propel the market growth include the growing number of small and medium enterprises (SMEs) in emerging economies such as China, India which significantly adopting the data warehousing services.
US EAM market is estimated to grow significantly at a CAGR of around 11.6% during the forecast period. The market in the US is primarily driven by the large number of enterprises operating within the country. Moreover, the country also has a well-developed industrial and energy sector which consists of several manufacturing companies.
UK EAM market is estimated to grow significantly at a CAGR of around 9.9% during the forecast period. The various industries such as BFSI, energy, retail and others in the country are adopting digital technologies and with this, the dependency on online services such as the internet, cloud services, and IoT is rising continuously.
North American EAM market is estimated to grow significantly at a CAGR of around 11.4% during the forecast period. The market in North America is primarily driven by the presence of a well-established It industry.
Japan EAM market is estimated to grow significantly at a CAGR of around 10.8% during the forecast period. The country has a specialization in manufacturing high-end products and is home to a number of global companies such as Panasonic, Toyota Motor, SoftBank Group, Mitsubishi, Nippon, Sumitomo Mitsui, Sony, Honda Motor and so on.
Indian EAM market is estimated to grow significantly at a CAGR of around 14.5% during the forecast period. The market mainly driven due to rising industrialization, the increasing IT & telecom sector, huge demand for energy and power, government focus toward renewable energy, growth in healthcare facilities & medical tourism along with the growth in the generic drug manufacturing.
Germany EAM market is estimated to grow significantly at a CAGR of around 11.7% during the forecast period. The major factor that propels the market growth include significant number of enterprises in the country coupled with growing cloud based EAM solution in enterprises.
France EAM market is estimated to grow significantly at a CAGR of around 11.7% during the forecast period. France's EAM market is being primarily driven by a significant number of enterprises coupled with the rising demand for cloud-based services in the region.
China EAM market is estimated to grow significantly at a CAGR of around 12.5% during the forecast period. Significant growth in the BFSI, energy, and power, healthcare, telecom sector can be witnessed in the country's result of which a significant demand for the EAM software will be observed in the country
Canada EAM market is estimated to grow significantly at a CAGR of around 7.8% during the forecast period. The market in Canada is primarily driven by the increasing number of enterprises coupled with increased penetration of cloud-based services in the country.
Asia-Pacific EAM market is estimated to grow significantly at a CAGR of around 12.2% during the forecast period. The market mainly driven due to growth in the industry verticals such as BFSI, energy and power, IT & telecommunication, manufacturing among others in these countries and increasing awareness towards the advantage of asset management.
The global market for DWaaS is projected to have considerable CAGR of 22.5% during the forecast period. The major factors that propels the DWaaS market increasing trend of enterprise data warehouse services due to cost effectiveness, flexibility, ease of operations and other benefits.
The global Hadoop big data analytics market is growing at a significant CAGR of around 30.5% during the forecast period (2020-2026). Big data analytics is the process of analyzing bulk and varied data sets, or big data, to uncover information, including market trends, hidden patterns, customer preferences, and unknown correlations.
The global Hadoop market is estimated to grow at a CAGR of more than 15% during the forecast period. The major factors contributing to the growth of the market include increasing adoption of big data analytics among business enterprises and lower cost than the traditional data analysis tools.
The global OTT content industry is estimated to register lucrative growth over the forecast period 2019-2025. OTT refers to the delivery of TV content and film through the internet without any requirement to subscribe to a conventional satellite pay and cable services, such as Time Warner Cable or Comcast.
The cloud tax management software market is projected to grow at a considerable CAGR of 12.5% during the forecast period. The ongoing globalization, increasing competition, an ever-increasing regulatory compliance burden have created a need of advanced software that can maintain all the tax legislation to maintain continuity of the business processes. The cloud tax management software offers management solutions on the cloud to increase mobility and distribute data storage and computing rights.
The global C-RAN market is projected to grow at a considerable CAGR during the forecast period. The C-RAN referred to a mobile network that can report a number of tasks that operators face during providing support to end-user’s requirements. The C-RAN mechanism includes Baseb and Units (BBUs) from multiple base stations into a centralized BBU pool for geometric multiplexing gain, while ever changing the load to the high-speed wireline communication of Quadrature (IQ) and In-phase data.
The global market for cloud database and DBaaS is estimated to have significant CAGR during the forecast period. The market is mainly driven due to the growing trend towards cloud-based services among enterprises. Increasing adoption of the cloud platform is attributed to the faster deployment of new capabilities to drive innovative business solutions.
The US data backup and recovery market is estimated to grow modestly at a CAGR of 10.7% during the forecast period. The US is the leading market in North America and the largest economy globally. The well-established economy of the country laid the ground for the growth of the cloud infrastructure services market.
UK data backup and recovery market is estimated to grow considerably at a CAGR of 10.3% during the forecast period. UK is one of the most modern and technologically updated countries globally. The industries in the country are getting updated with the technology at a high rate and with this, the dependency on online services such as internet, cloud services, and IoT are increasing continuously.
The North American data backup and recovery market is estimated to grow significantly at a CAGR of 10.6% during the forecast period. North America is a significantly growing region in terms of the adoption of backup and recovery solutions.
Japan data backup and recovery market is estimated to grow considerably at a CAGR of 10.7% during the forecast period. Japan is one of the leading countries in Asia-Pacific that contributes to the growth of the data backup and recovery market.
Germany data backup and recovery market is estimated to grow considerably at a CAGR of 10.2% during the forecast period. The country is a developed economy and the penetration of mobile phones and internet is high in the country. Higher the number of internet-enabled devices, higher the requirement of data backup and data servers.
France
data backup and recovery market is estimated to grow considerably at a CAGR of 9.1% during the
forecast period. France is one of the leading economies and
technologically advanced country in Europe. As the number of smartphones will
increase, the market of cloud services, security, data backup and services will
also augment in the region.
The European data backup and recovery market is estimated to grow modestly, at a CAGR of 9.8%, during the forecast period. Factors responsible for the growth of the market in Europe are well-developed telecommunication infrastructure, high internet penetration, high adoption of cloud-based devices among people and organization.
China data backup and recovery market is estimated to grow considerably at a CAGR of 10.3% during the forecast period. China is one of the leading countries in Asia-Pacific that contributes to the growth of the data backup and recovery market.
US
Virtual Desktop Infrastructure (VDI) market is anticipated to grow at a CAGR of
more than 11% during the forecast period. The well-established economy of the
country laid the ground for the growth of the VDI market. The individual in the
country heavily relies on digital devices, thus, it has raised the number of
laptops, smartphones and computer users in the region.
UK
Virtual Desktop Infrastructure (VDI) market is anticipated to grow at a CAGR of
more than 11% during the forecast period. The major factors which are providing
a significant market to VDI are a well-developed economy and the presence of
most of the IT companies in the country.
India
Virtual Desktop Infrastructure (VDI) market is anticipated to grow at a CAGR of
more than 12% during the forecast period. Increasing adoption of the
cloud-based VDI services by small and medium enterprises and rising government
initiatives for digitization are estimated to be the major factors to drive the
growth of the market in the country.
Germany
Virtual Desktop Infrastructure (VDI) market is anticipated to grow at a CAGR of
more than 10% during forecast period. Factors which are driving the market are
well-developed IT, automobile and defense industry and significant exports by
the countries in these domains.
European
Virtual Desktop Infrastructure (VDI) market is anticipated to grow at a CAGR of
more than 10%. The major factors which are providing a significant market to
VDI are well-developed economy and the presence of most of the IT companies in
the region. VDI technology is a major tool to maintain the privacy of the
company data, even working on multiple devices at multiple locations.
China
Virtual Desktop Infrastructure (VDI) market is anticipated to grow at a CAGR of
more than 12% during forecast period. The factors that are augmenting the
market growth include the availability of a large amount of enterprises data
coupled with the rising adoption of the desktop virtualization services.
Asia-Pacific
Virtual Desktop Infrastructure (VDI) market is anticipated to grow with CAGR of
more than 12%. The VDI market in Asia-Pacific mainly driven by the contribution
of major countries such as China, India, Japan and the rest of Asia-Pacific
countries. Digitalization in emerging economies such as India and China is
further estimated to drive the growth of the market.
US
Desktop as a Service market is anticipated to grow at a CAGR of more than 14%
during forecast period. The well-established economy of the country laid the
ground for the growth of the DaaS market. The individual in the country relies
on digital devices, thus, it has raised the number of laptops, smartphones and
computer users in the region.
UK
Desktop as a Service market is anticipated to grow at a CAGR of more than 11% during
forecast period. The major factors which are providing a significant market to
DaaS are well-developed economy and the presence of most of the IT companies in
the region. VDI technology is a major tool to maintain the privacy of the
company data, even working on multiple devices at multiple locations.
North
american Desktop as a Service market is anticipated to grow at a CAGR of more
than 12% during forecast period. DaaS market in North America is driven by an
increasing number of enterprises and growing outsourcing activities.
India
Desktop as a Service market is anticipated to grow at a CAGR of more than 12%
during forecast period. Increasing adoption of the DaaS services by small and
medium enterprises and rising government initiatives for digitization are
estimated to be the major factors that are driving the growth of the market in
the country.
Germany
Desktop as a Service market is anticipated to grow at a CAGR of more than 10%
during forecast period. Factors which are driving the market are well-developed
IT, automobile and defense industry and significant exports by the countries in
these domains. High internet penetration, high secured internet servers are
also augmenting the market.
European
Desktop as a Service market is anticipated to grow at a CAGR of more than 11%
during forecast period. The major factors which are providing a significant
market to VDI are well-developed economy and the presence of most of the IT
companies in the region.
China
Desktop as a Service market is anticipated to grow at a CAGR of more than 12%
during forecast period. The factors that are augmenting the market growth
include the availability of a large amount of enterprises data coupled with the
rising adoption of the desktop virtualization services.
Asia-Pacific
Desktop as a Service market is anticipated to grow at a CAGR of more than 10%
during forecast period. The DaaS market in Asia-Pacific mainly driven by the
contribution of major countries such as China, India, Japan and the rest of
Asia-Pacific countries.
The global virtual private cloud market is estimated to grow at a significant CAGR of 18.4% during the forecast period. The major factors boosting the growth of the market include rising demand for cloud-based services among small and medium enterprises (SMEs) coupled with increasing adoption of scalable, secure and flexible cloud solutions at an adequate cost.
The global enterprise asset management market is anticipated to grow at a significant CAGR of 7.9% during the forecast period. The enterprise asset management (EAM) solution is an important tool and plays a vital role in handling critical asset information as well as managing assets in various industry verticals. EAM solution reduces the operational and maintenance costs and thus improves the overall return on assets, owing to which, there is increasing adoption of EAM solutions in various industries; thereby, spurring the growth of the global enterprise asset management industry.
The global disaster recovery as a service (DRaaS) market is anticipated to grow at a CAGR of 25% during the forecast period. The major factors contributing to the growth of the market include the rising cloud as a service market and increasing enterprise IT spending across various industry verticals. According to the data published by IDC Corporate USA, in 2021, overall IT spending has increased by 8.6% 2021. Approximately $4.2 trillion of IT spending had been estimated in 2021 across the globe.
Cloud computing market is anticipated to grow at a significant CAGR of 15.6% during the forecast period (2024-2031). The growing demand for cloud computing from the retail and consumer goods, healthcare, and life sciences sectors is driving the global cloud computing market. Additionally, increased use of edge computing, 5G, artificial intelligence (AI), machine learning (ML), big data, and computing has increased its demand. According to the European Union (EU), in December 2023, 42.5% of EU enterprises bought cloud-computing services in 2023, mostly for e-mail, storage of files, and office software.
The global public safety in-building wireless DAS market is anticipated to grow at a CAGR of 37% during the forecast period. Wireless connectivity continues to provide a significant contribution in enterprise networks; which includes connectivity to the internet via LAN and wireless-cellular to the public switched telephone network. Primary reasons for the penetration of these in-building wireless applications include higher data rate requirements, increased mobility, lower-cost network infrastructure, improved quality of service on wireless networks, and improved in-building coverage of wireless, among many others.
The global analytics as a service market is expected to grow at a CAGR of 27.6% during the forecast period. Cloud and Big Data are two of the trends that define the emerging enterprise computing and creates a lot of potential and opportunities for a new era of combined applications. The establishment of Big Data analytical capabilities along with the cloud delivery models makes it easy for the adoption by many companies.
The global big data analytics market is anticipated to grow at a significant CAGR of 14% during the forecast period. Big data analytics is an examination of large and varied data sets usually known as big data to discover hidden patterns. It is widely used for discovering unknown correlations and some other useful information that can guide organizations to make more informed decisions for improved operational efficiency and better opportunities. Globally, all the major economies have gone through a digital transformation in almost every field. The numerous advantages such as improved performance and profitability have shifted the major applications towards this transformation and evolved a new term big data.
The Global analytics as a service market is expected to grow at a CAGR
of 32.01 % during 2017-2022. With the liberation of information enabled
by Big Data Analytics Analytics-as-a-Service combines the demand based
aspects of cloud computing.
Modular data center market is expected to grow at a significant rate during the forecast period 2019-2025. Modular data center is an advancement in data center systems and is a portable form of deploying a conventional data center. Modular data center offers benefits to the software companies for customer-oriented data storage tasks.
The global cloud ERP market is expected to grow at an impressive growth rate over the forecast period. Major drivers contributing to the growth of the market include increasing need to optimize business process and resources more efficiently among others. In addition, increasing demand for more security and features such as disaster recovery plan and technological advancement in the area of IoT, AI and cloud computing is also augmenting the market growth.
The global VDI market is positively
influenced by the increasing demand for virtual solutions and services
in small and large enterprises. The enterprises are moving to desktop
virtualization to explore the challenges and opportunities of the
evolving workplace.
Desktop as a service market is expected to grow at a
moderate rate during the forecast period 2019-2025. DaaS involves the
distribution of a virtual desktop accessible as an accommodated service
by a service provider. DaaS can completely change the way desktops are
managed and purchased. The back-end data storage, backup, security, and
upgrades are managed by the service provider.
The global personal cloud market is experiencing significant growth due to increasing enterprise and individual data generation. The personal cloud is a computing standard, where a large pool of systems is connected in private or public networks, to offer a vigorously scalable structure for file storage, application, and data.
Data wrangling market is expected to grow at a
Considerable rate during the forecast period 2019-2025. Data wrangling
generally referred to as the method of mapping and transforming data
from raw form to another data format. Data wrangling mainly used for the
appropriate and valuable data preparation and analytics and sometimes
it is called data munging. The global data wrangling market influenced
by the increasingly large amount of data in the various industry
businesses such as financing IT & Telecommunication and others.
Data resiliency market is expected to grow at a
considerable rate during the forecast period 2019-2025. Data resiliency
is defined as the ability of the storage system, network, server, and
whole data center to recuperate quickly and continue functioning in case
of power outage. Data resiliency is a strategic part of an architecture
and is generally connected with data center disaster-recovery
considerations and other disaster arrangements such as data protection.
The data resiliency can be achieved by using redundant subsystems,
systems, component, and services.
Data backup and recovery market is expected to grow at a
significant rate during the forecast period 2019-2025. The global data
backup and recovery market is estimated to experience a significant
market growth due to increasing concern about data security and privacy,
rising adoption of cloud data backup, the presence of large data
enterprises and others. The production rate of media and other data has
been growing rapidly. Various organizations demand efficient
resolutions to analyze and store a large amount of data that are
preliminarily generated from various sources such as high throughput
instruments, sensors or connected devices.
Database security assessment market is expected to grow
at a significant rate during the forecast period 2019-2025. A database
security assessment is a widespread concept that is used in the
valuation of crucial data and information contained in a database. The
service offers an assessment of several malicious threats and attacks,
and illegal use of data by the cyber criminals. Risk assessment,
Over the top (OTT) content market is expected to grow
at a significant rate during the forecast period 2019-2025. OTT refers
to the delivery of TV content and film through the internet without any
requirement to subscribe to a conventional satellite pay and cable
services, such as Time Warner Cable or Comcast. There are three major
classes of OTT media services, such as subscription-based services, free
and ad-supported services, and transactional services.
Location of things market is expected to grow at a
considerable rate during the forecast period 2019-2025. Location of
Things is an emerging technology which enables to analyze the location
of devices which are interconnected. In this day and age of better
connectivity, the demand for live location tracking has increased
significantly. This has led to the introduction of various platforms
which promote the interconnectivity between devices coupled with their
location tracing.
Product Lifecycle Management (PLM) Market is expected
to grow at a significant rate during the forecast period 2019-2025.
Product lifecycle management software is a tool which is used to manage
the data related to the product throughout its lifecycle starting from
its conceptualization, manufacturing to its disposal.
Cloud Encryption Technology Market is expected to grow at a significant rate during the forecast period 2019-2025. Cloud encryption technology is a service provided by the cloud storage providers which consist of an encryption algorithm through which the data is transformed and stored in the storage cloud.
The global big data analytics market is expected to
grow at a CAGR of 22% during 2017-2022. Big data analytics is
examination of large and varied data sets usually known as “big data” to
discover hidden patterns. It is also widely used for discovering
unknown correlations and some other useful information that can guide
organizations make more-informed decisions, improved operational
efficiency and better opportunities.
Disaster recovery as a service market is anticipated to grow at a considerable CAGR of 44.8% during the forecast period. The major factors that are augmenting the growth of the market are estimated to be the increasing cloud as a service market and increasing enterprise IT spending across various applications. Furthermore, the high adoption rate among SMEs, flexibility and automation capabilities, and faster recovery and cost-effective solutions are also estimated to be one of the major factors that are augmenting the growth of the market.
Enterprise asset management is a system that is designed to manage the
assets of the organization across various department, business units,
services and geographies. EAM solutions enhances the operational
efficiency of the business by effective asset utilization, consolidation
and analyzing the critical information of all type of assets and by
ensuring better asset reliability. EAM performs designing, construction,
operation and maintenance
The global public safety in-building wireless das system market is
estimated to grow with the CAGR of 34.0% during the period 2017-2022.
The key factors that are augmenting the growth of the market is the
increasing trend of smart cities development, growth of 4G LTE network.
Furthermore, rising necessity of reliable and consistent public safety
network, supporting government policies and initiatives are also
estimated to be one of the major factors that are driving the growth of
the market.
The global smart grid market is estimated to grow with the CAGR of 27.2%
during the period 2017-2022. The major factors that are augmenting the
growth of the smart grid market are estimated to be supportive
government initiatives and regulations and increasing demand of advanced
metering systems across the globe. Furthermore, excellent inherent
operational efficiency,
The global market for MLaaS is projected to have a considerable CAGR of around 40.5% during the forecast period. Machine learning is a technology that provides computers with the ability to learn and modify their analytical features when exposed to new data sets that are been programmed.
The global mass notification system market is estimated to grow at a
CAGR of 14.5% from 2017-2022. According to the report, factors fueling
the market growth are increasing the need for public safety and
popularity of BYOD i.e. Bring Your Own Device trend. The introduction of
IP-based notification devices is also driving the market. Enhancement
in technology and innovations in cloud-based services are also fuelling
market growth. Besides this, applications of Mass Notification Systems
in various industry verticals are creating new opportunities for the
market.
The global risk analytics market is estimated to grow at a CAGR of 13.2%
from 2017-2022. Risk analysis has become an important tool in recent
time with more number of companies opting for risky investments. Hence,
study of compliances, feasibility and risk analysis on various hierarchy
levels in an organization have become extremely important. According to
the OMR analysis,
Global cloud computing market is expected to grow at a CAGR of 24.2 %
during 2016-2021. Cloud Computing industry is segmented on the basis
Service Models, Deployment Models, Verticals, Pricing Components and
geography. Cloud computing offers significantly cost efficient IT
resource and cost on demand IT services based on consumers actual usage.
The global video analytics market was valued at USD 4190 Million in 2018
and expected to grow at a CAGR of 27% during 2017-2022. Video analytics
is the capability of automatically analyzing video to detect and
determine temporal and spatial events.
The global unified communication as a service (UCaaS) market is expected to grow at a significantly high CAGR of 24.5% during the forecast period 2020-2026. UCaaS reduce the cost of the organization by bringing in different services under one cloud.
Cloud Identity and Access Management Market is anticipated to grow at
the CAGR of 13.0% during 2017-2022. The major factors that are
augmenting the growth of the market are rising trend of bring your own
devices (BOYD) and increasing cyber-attacks across the globe.
Cloud infrastructure service market is anticipated to grow at
the CAGR of 11% during the period 2017-2022. The major factors that are
augmenting the growth of the market are estimated to be faster
deployment, high scalability and cost effectiveness of the cloud
infrastructure services.
The global database encryption market is anticipated to grow at a significant CAGR of 30.1% during the forecast period. Database encryption technology is a set of algorithms that are used to transform the data into Cipher Text (plaintext that is unreadable by computers or humans without decryption). It is used to protect the data from third-party access. An important function of database encryption includes the prevention of data corruption, predefined restrictions, and others. Increasing incidences of data breaches and rising adoption of the cloud-based database are the primary factors that are driving the growth of the market.
Global Video Surveillance as a Service (VsaaS) market is anticipated to grow at a CAGR of 16.8% during the forecast period (2020-2026). The application of video surveillance in business is growing significantly due to the increasing need for physical security and the use of cloud-based services for centralized data.