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The requirement for a unified platform that makes it easier
for risk managers and businesses to analyse, compute, forecast, and mitigate Risk
Analytics market is what is majorly driving the global market. Software
developers are expected to benefit greatly from the rising demand from emerging
economies and the integration of Artificial Intelligence (AI) into this
analytics. A number of suppliers in the market are concentrating on offering
AI-integrated solutions that assist companies in addressing new dangers.
For instance, in April 2019, Ernst & Young Global
Limited (EY) and SAS Institute, Inc. joined forces to launch the NextGen
project, an enhanced risk analytics scoring engine, powered by AI. The
development of NextGen aims to further automate labor-intensive, highly manual
processes connected with the examination of significant volumes of foreign
trade transactions,
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Key Players for This Report:
·
SAP SE
·
Oracle Corporation
·
IBM Corporation
·
Moody's Analytics,
·
Verisk Analytics, Inc. Provenir
·
AxiomSL, Inc.
·
Risk Edge Solutions
·
Recorded Future, Inc.
·
Fidelity National Information Services, Inc.
·
OneSpan
Regional Analysis:
Geographically, the market spans five significant
continents: North America, Europe, Asia Pacific, the Middle East & Africa,
and Latin America. They are further divided up into nations.
The greatest market share is anticipated to belong to North
America. The dominance of the region is linked to industry' increasing
acceptance of risk-governing technologies. Organizations in the region are more
inclined to alter their current risk management plans in order to reduce risks
and redundancy. For instance, in the wake of many cyberattacks, banks and
financial institutions in the area are placing more emphasis on controlling
cybersecurity risks. Vendors of analytics solutions are implementing
cutting-edge technology including robotic process automation (RPA), machine
learning, and cognitive analysis. With these technological advancements,
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challenges distinct to their businesses. Our goal is to empower our clients
with holistic market intelligence, giving a granular overview of the market
they are operating in.
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The exponential growth in the size and power of data centres is a result of the increased demand for more effective IT solutions worldwide as well as the benefits of contemporary, consolidated networking applications from an economic standpoint. Enterprises may now migrate their workloads to data centre infrastructure market more easily and affordably because to the quickly changing competitiveness of the global market and cutting-edge technologies like cloud computing and Big Data. The financial ramifications of major international service providers' acquisitions of data centres have also considerably expedited the development of cloud technology. Vendors of data centre systems throughout the world are working harder than ever to lower latency issues and enhance client experience. Additionally, governments are moving decisively to encourage the use of data centre solutions and to accelerate regional digital growth.
The size of the worldwide data centre infrastructure market
was USD 94.56 billion in 2019 and is anticipated to grow to USD 142.31 billion
by 2027, at a CAGR of 5.5%.
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Key Players For This
Report:
·
IBM Corporation
·
Vertiv Group Corp.
·
Hewlett Packard Enterprise Development LP
·
Johnson Controls Inc. (
·
Eaton Corporation Inc.
·
Siemens AG
·
ABB Ltd
·
Huawei Technologies Co., Ltd.
·
Nlyte Software Inc.
·
Sunbird Software
·
UnityOneCloud
·
CommScope Inc
·
Rackwise
·
Delta Electronics,
A new line of products was introduced by Lenovo Data Center
Group with the goal of enabling end-to-end data management among enterprises
and enhancing data security. Lenovo's fibre channel switch and ThinkSystem
all-flash storage array are two of the recently released options.
Metro Data Centers (MDC), a Dublin-based provider of data
centre solutions, was purchased by DartPoints, a top provider of data centre
services. DartPoints will be able to expand its presence in the top data centre
infrastructure market thanks to this acquisition.
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Regional Analysis:
In order to study the market, it was divided into five major
geographic areas: North America, South America, Europe, the Middle East &
Africa, and Asia Pacific.
In 2019, the data centre infrastructure market share was
dominated by North America. One of the key elements influencing the growth of
the local market is the adoption of cloud-based solutions for productive work
from home. One of the key factors driving the expansion of the regional market
is the increase in the adoption of data centres by SMEs and startups operating
in Canada and the United States. In 2019, the overall capacity of the principal
data centres in the US increased by 200 megawatts, or about 8%. Digitalization
of the public sector has accelerated the adoption of communication and network
management technologies in the region.
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The most recent market statistics and trends are all included in this report for your company analytics and strategic decision-making. All business owners, investors, and other industry participants should find this Base Station Antenna Market research report to be beneficial. It offers important insights into the variables influencing the annual growth of the global market for cellular base station antennas.
In 2021, the market for base station antennas was estimated to be worth USD 7.24 billion. The market is anticipated to increase by 16.5% CAGR from USD 8.21 billion in 2022 to USD 23.98 billion in 2029.
Due to the extensive use of base stations (BST) in 4G/LTE and 5G communication infrastructures, the market is anticipated to increase significantly over the next years. The need for base station antenna is projected to increase due to the increasing deployment of 5G infrastructure across nations to improve network service performance and user experience
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some of the key players operating in the Base Station Antenna market:
To support the integrated voice, data, and control services of 4G and 5G technologies, smart antennas provide a wireless network with greater capacity and coverage range. These antennas have become a promising technological advancement for enhancing mobile communication performance. Smart antennas employ the beamforming approach, which lowers interference levels and boosts the network operator's capacity.
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The usage of smart antennas expands the system's user base and coverage, enabling the delivery of services of the highest calibre. Additionally, they give a maximum data rate, which enables operators to offer effective services to numerous consumers at once. The use of smart antennas in mobile communication services is increasing as a result. Similar to this, improvements in wireless systems are driving up demand for intelligent, high-efficiency products.
Regional Analysis:
North America is expected to hold a significant share of the global Base Station Antenna market, driven by the increasing demand for high-speed mobile data services and the presence of major telecom operators and antenna manufacturers in the region. Europe is expected to be a significant contributor to the global Base Station Antenna market, driven by the growing adoption of 5G networks and the increasing demand for high-speed mobile data services in the region.
The Asia-Pacific region is expected to show significant growth in the Base Station Antenna market, driven by the increasing demand for high-speed mobile data services and the growing adoption of 5G networks in countries such as China, India, and South Korea.
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The base station antenna market is divided into regions and applications. The base station antenna market is segmented into 2G, 3G, 4G, and 5G based on application. The base station antenna market is examined across North America, Europe, Asia-Pacific, South America, and MEA on a regional basis (the Middle East, and Africa).The Rest of the World region is expected to show steady growth in the Base Station Antenna market, driven by the increasing demand for high-speed mobile data services and the growing adoption of 5G networks in countries such as South America and the Middle East.
The most recent market statistics and trends are all
included in this report for your company analytics and strategic
decision-making. All business owners, investors, and industry participants
should find this Cloud
IT Service Management (ITSM) Market research report to be
beneficial. It offers important insights into the variables influencing the
global Cloud IT Service Management (ITSM) market and the yearly expansion of
the sector.
The market for cloud IT service management (ITSM) was valued
at USD 4.15 billion in 2019 and is projected to grow to USD 15.65 billion by 2027, at a CAGR of 18.2%.
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In sectors like healthcare and media & entertainment,
there is a rising demand for ITSM solutions and services. By implementing cloud
ITSM services, end-use firms like Netflix, DisneyPlus, and YouTube are making
an investment in modernising their IT infrastructure.
Who are some of the
key players operating in the Cloud IT Service Management (ITSM) market
·
ServiceNow, Inc.
·
IBM Corporation
·
Hewlett Packard Enterprise Company
·
Citrix Systems, Inc.
·
CA Technologies
·
BMC Software, Inc.
·
Atlassian Corporation PLC
·
Axios Systems PLC
·
Ivanti
·
Cherwell Software, LLC
·
Hornbill Corporate Limited
·
Freshworks, Inc.
·
Serviceaide, Inc.
Cloud IT service management (ITSM) is a group of tactics and
procedures for delivering and overseeing IT services in order to satisfy an
organization's needs and particular goals. Organizations frequently use cloud
ITSM solutions and services to manage their IT infrastructure as well as IT
procedures, software, hardware, and services. Typically, an IT service provider
offers the Cloud ITSM solutions and services.
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The Cloud IT Service
Management (ITSM) market offers several attractive opportunities, including:
·
Increased
Adoption of Cloud Computing: The growing adoption of cloud computing has
increased the demand for cloud-based ITSM solutions, providing a significant opportunity
for market growth.
·
Increased
Efficiency and Productivity: Cloud ITSM solutions offer increased
efficiency and productivity, as businesses can automate IT service management
processes, reducing manual effort and increasing productivity.
·
Reduced
IT Costs: Cloud ITSM solutions offer cost savings, as businesses no longer
need to invest in expensive hardware, software, and support resources, reducing
IT costs.
·
Increased
Flexibility and Scalability: Cloud ITSM solutions offer increased
flexibility and scalability, as businesses can easily modify and upgrade their
ITSM systems as needed, providing a significant opportunity for market growth.
·
Improved
Customer Experience: Cloud ITSM solutions provide improved customer
experience, as businesses can offer faster and more efficient IT services to
their customers, driving customer satisfaction and loyalty.
·
Increased
Focus on Digital Transformation: The growing focus on digital
transformation has increased the demand for cloud ITSM solutions, as businesses
look to modernize their IT service management processes and improve their
overall IT infrastructure.
·
Growing
Demand from Small and Medium-Sized Enterprises (SMEs): The growing demand
from small and medium-sized enterprises (SMEs) for cloud ITSM solutions has
provided a significant opportunity for market growth, as SMEs look to benefit
from the cost savings and increased efficiency offered by cloud-based
solutions.
The study focuses on the market size, segment size
(primarily including product type, application, and geography), competitive
environment, current situation, and development trends for Cloud IT Service
Management (ITSM).
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Regional Analysis:
North America is expected to hold a significant share of the
global cloud ITSM market due to the presence of major IT companies and the
early adoption of cloud computing and ITSM solutions in the region. Europe is
expected to be a significant contributor to the global cloud ITSM market,
driven by the presence of a large number of IT companies and the growing
adoption of cloud computing and ITSM solutions in the region.The Asia-Pacific region is expected to show
significant growth in the cloud ITSM market, driven by the increasing adoption
of cloud computing and ITSM solutions by small and medium-sized enterprises
(SMEs) in the region.
The Rest of the World region is expected to show steady
growth in the cloud ITSM market, driven by the increasing adoption of cloud
computing and ITSM solutions by businesses in countries such as South America
and the Middle East.
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tailor innovative solutions for our clients, assisting them to address
challenges distinct to their businesses. Our goal is to empower our clients
with holistic market intelligence, giving a granular overview of the market
they are operating in.
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Due to an increase in musical events and stand-up comedies,
the event
management software Market is expanding in the APAC and MEA regions.
Because of the rise in corporate and commercial events, Americas currently
control the majority of the industry. Due to events occurring in Western
Europe, particularly stand-up comedy shows and the introduction of new goods by
the telecom industry, Europe is predicted to have a moderate growth. Due to
changing lifestyles and businesses' emphasis on business orientation, China and
India are anticipated to benefit from this software.
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The market is anticipated to expand significantly over the
course of the forecast period, mostly as a consequence of an increase in event
management organisations' need for automation to streamline event
functionality. The market is developing as a result of a greater focus being
placed on deriving practical insights from the events. The successful planning
and organisation of events is aided by a variety of services made possible by
event management software, including venue management, ticketing and
registration administration, event analytics, and lead management. Due to the
fact that it offers a variety of capabilities on a single platform at a lesser price,
event planners do not need to adopt numerous software solutions.
Key Players For this Report:
·
Active Network, LLC
·
Arlo
·
Aventri, Inc.
·
EventGeek
·
EventMobi
·
Regpacks
·
Event Espresso
·
Certain Inc.
·
Bizzabo
·
EMS Software, LLC.
·
Grenadine Technologies Inc.
·
Zerista
·
Ungerboeck
·
Others
The development of customised event websites, venue
selection, RFPs, sourcing and procurement, audience response solutions, live
slide sharing, second screen tools for Q&A and live polls, exhibition
management, delegate management, online registration with online payment, and
on-site operations including badges, registration, and networking are some of
the frequently used applications of the event management software market.
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The event management software market is driven by several
factors, including:
Increased Demand for
Streamlined Event Planning and Management: The increasing demand for
effective and efficient event planning and management processes is driving the
growth of the event management software market.
Growing Popularity of
Virtual and Hybrid Events: The COVID-19 pandemic has led to the growing
popularity of virtual and hybrid events, which has increased the demand for
event management software that can support virtual event planning and
management.
Rising Adoption of
Technology in the Event Industry: The growing adoption of technology in the
event industry is driving the demand for event management software that can
automate various event-related processes, such as registration, payment
processing, and logistics management.
Increased Focus on
Data Analytics and Insights: Event management software is increasingly
being integrated with data analytics and reporting tools, which enable event
planners to gain valuable insights into attendee behavior and preferences, and
make informed decisions based on this data.
Growing Awareness of
the Benefits of Event Management Software: The growing awareness of the
benefits of event management software, such as improved efficiency and cost
savings, is driving its adoption among event planners and organizations.
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Fortune Business Insights™ offers expert corporate analysis
and accurate data, helping organizations of all sizes make timely decisions. We
tailor innovative solutions for our clients, assisting them to address
challenges distinct to their businesses. Our goal is to empower our clients
with holistic market intelligence, giving a granular overview of the market
they are operating in.
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UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Due to an increase in musical events and stand-up comedies,
the event
management software Market is expanding in the APAC and MEA regions.
Because of the rise in corporate and commercial events, Americas currently control
the majority of the industry. Due to events occurring in Western Europe,
particularly stand-up comedy shows and the introduction of new goods by the
telecom industry, Europe is predicted to have a moderate growth. Due to
changing lifestyles and businesses' emphasis on business orientation, China and
India are anticipated to benefit from this software.
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Over the course of the forecast period, the market is
expected to grow significantly, largely as a result of an increase in the
desire for automation among event management businesses to streamline event
functionality. The market is expanding as a result of a growing emphasis on
extracting useful insights from the occurrences. Numerous services made
possible by event management software, such as venue management, ticketing and
registration administration, event analytics, and lead management, aid in the
successful planning and management of events. Event planners do not need to
adopt numerous software solutions because it offers various features on a
single platform at a lower cost.
Key Players For this
Report:
·
Active Network, LLC
·
Arlo
·
Aventri, Inc.
·
EventGeek
·
EventMobi
·
Regpacks
·
Event Espresso
·
Certain Inc.
·
Bizzabo
·
EMS Software, LLC.
·
Grenadine Technologies Inc.
·
Zerista
·
Ungerboeck
·
Others
The development of customised event websites, venue
selection, RFPs, sourcing and procurement, audience response solutions, live
slide sharing, second screen tools for Q&A and live polls, exhibition
management, delegate management, online registration with online payment, and
on-site operations including badges, registration, and networking are some of
the frequently used applications of the event management software market.
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The event management software market is driven by several
factors, including:
Increased Demand for
Streamlined Event Planning and Management: The increasing demand for
effective and efficient event planning and management processes is driving the
growth of the event management software market.
Growing Popularity of
Virtual and Hybrid Events: The COVID-19 pandemic has led to the growing
popularity of virtual and hybrid events, which has increased the demand for
event management software that can support virtual event planning and
management.
Rising Adoption of
Technology in the Event Industry: The growing adoption of technology in the
event industry is driving the demand for event management software that can
automate various event-related processes, such as registration, payment
processing, and logistics management.
Increased Focus on
Data Analytics and Insights: Event management software is increasingly
being integrated with data analytics and reporting tools, which enable event
planners to gain valuable insights into attendee behavior and preferences, and
make informed decisions based on this data.
Growing Awareness of
the Benefits of Event Management Software: The growing awareness of the
benefits of event management software, such as improved efficiency and cost
savings, is driving its adoption among event planners and organizations.
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Fortune Business Insights™ offers expert corporate analysis
and accurate data, helping organizations of all sizes make timely decisions. We
tailor innovative solutions for our clients, assisting them to address
challenges distinct to their businesses. Our goal is to empower our clients
with holistic market intelligence, giving a granular overview of the market
they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
The extensive market research used to produce this
Commercial Lighting
Control System market study helps clients predict whether to invest in new markets,
grow their market share, or launch successful new products. With the use of
tried-and-true strategies & procedures, the complex Commercial Lighting
Control System market insights are reduced in this reliable marketing study.
The data is represented using graphs and charts to make facts and figures
easier to understand. For the finest outcomes, integrated strategies and the
most recent technology were used to create this market report on commercial
lighting control systems. The market research analysis for commercial lighting
control systems identifies and analyses emerging trends as well as key market
drivers, constraints, challenges, and opportunities.
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The global lighting controls market size was valued at USD 17.03 billion in 2021. The market
is projected to grow from USD 18.61 billion in 2022 to USD 57.81 billion by 2029, exhibiting a CAGR of 17.6%
during the forecast period.
Key Players For this
Report:
·
General Electric Company
·
Signify Holding (Philips Lightings)
·
Cisco Systems Inc.
·
Schneider Electric
·
Toshiba
·
Legrand S.A.
·
Lutron Electronics Co., Inc.
·
Eaton Corporation PL
·
Honeywell International Inc.
·
OSRAM Licht AG
An energy-efficient lighting technique is known as
"smart lighting." This could incorporate energy-efficient lighting
fixtures and automated controls that adjust according to factors like occupancy
or daylight availability. Lighting is the purposeful use of light to produce a
desired aesthetic or functional impact. It consists of general lighting, accent
lighting, and task lighting.
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Using one or more central computing devices, a lighting
control system is an intelligent network-based lighting control solution that
integrates communication between various system inputs and outputs relevant to
lighting control. Systems for controlling lighting are frequently utilised in
commercial, industrial, and residential areas for both indoor and outdoor
lighting. Systems that regulate lighting help to produce the appropriate level
of light when and where it is needed.
Regional Analysis:
North America is expected to dominate the global lighting
controls market due to the increasing adoption of energy-efficient lighting
systems and the presence of key market players in the region. The US and Canada
are the major contributors to the growth of the market in North America.
Europe is also expected to have a significant share in the
global lighting controls market due to the increasing demand for smart lighting
systems and the presence of a large number of manufacturers in the region.
Asia-Pacific is expected to grow at a high rate in the
global lighting controls market due to the increasing demand for
energy-efficient lighting systems and the growing construction industry in the
region. China, Japan, and India are the major contributors to the growth of the
market in Asia-Pacific.
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and accurate data, helping organizations of all sizes make timely decisions. We
tailor innovative solutions for our clients, assisting them to address
challenges distinct to their businesses. Our goal is to empower our clients
with holistic market intelligence, giving a granular overview of the market
they are operating in.
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UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
In recent years, there was a huge demand for cell phones due
to the availability of better services and less expensive headsets on the
European market. As a result, the Mobile Virtual Network Operator (MVNO), a profitable
business model, was created. Mobile Virtual Network Operator (MVNO), which was
first introduced more than ten years ago in Europe, is now a compelling fixture
in the global telecom sector. The GSMA claims that MVNO is a phenomenon that
has reached saturation in about one-third of the countries.
This report studies the global Mobile Virtual Network
Operator (MVNO) market, analyzes and researches the Mobile Virtual Network
Operator (MVNO) development status and forecast in United States, EU, Japan,
China, India and Southeast Asia. This report focuses on the top players in
global market, like
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Key Players For This
Report:
·
Virgin Mobile USA Inc.
·
Xfinity Mobile
·
Verizon Wireless
·
T-Mobile US Inc.
·
Airvoice Wireless
·
Dish Wireless LLC
·
Republic Wireless
·
Google Fi
·
Boost Mobile
·
Lycamobile Mobileum
·
Lebara Group BV
·
FRiENDi Mobile
The market overview part of the report provides an insight
of the market dynamics and trends, including the opportunities, drivers, and
restraints that affect the industry's present and future condition. In order to
provide a full study of the general competitive scenario of the MVNO market,
globally, impact analyses of important trends have also been provided for each
geographic location in the report. The research also gives a broad review of
the various techniques employed by significant MVNO industry players.
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Key factors for Mobile Virtual Network Operator (MVNO)
Market
Targeted customer
segment: MVNOs that cater to a specific customer segment, such as
budget-conscious consumers or niche groups, can stand out from the competition
and attract loyal customers.
Strong network
coverage: MVNOs that have agreements with strong network operators can
provide reliable and high-quality coverage to their customers, which is an
important factor for many consumers.
Competitive pricing: MVNOs
that offer affordable prices and flexible pricing plans can attract
price-sensitive customers who are looking for good value for money.
Value-added services:
MVNOs that offer additional services, such as international roaming, mobile
insurance, or customer support, can differentiate themselves from the
competition and add value for customers.
Marketing and
branding: MVNOs that have a strong brand and effective marketing strategies
can increase awareness and build customer loyalty.
Technological
innovation: MVNOs that adopt new technologies and stay ahead of the curve
can offer customers cutting-edge services and remain competitive in a rapidly
evolving market.
Customer service: MVNOs
that provide high-quality customer support can foster customer loyalty and
increase satisfaction.
Data management:
MVNOs that effectively manage customer data and protect customer privacy can
build trust with customers and promote long-term loyalty.
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Regional Analysis:
North America, Europe, Asia Pacific, the Middle East &
Africa, and South America are the five key geographic areas that have been
examined in terms of the market.
During the anticipated period, Europe is anticipated to lead
the market. The market is likely to be driven by the existence of well-known
telecom providers in the area. Additionally, a boom in demand is anticipated in
nations like Germany, the UK, France, and Spain due to their very favourable
legal frameworks. It is anticipated that programmes like Roam-Like-At-Home will
encourage free roaming plans in European nations. A number of small and major
businesses are concentrating on expanding in the area because there are more
chances there.
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Fortune Business Insights™ offers expert corporate analysis
and accurate data, helping organizations of all sizes make timely decisions. We
tailor innovative solutions for our clients, assisting them to address
challenges distinct to their businesses. Our goal is to empower our clients
with holistic market intelligence, giving a granular overview of the market
they are operating in.
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Fortune Business Insights™ Pvt. Ltd.
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
The fiber optics market is growing rapidly due to the increasing demand for high-speed data transmission and data connectivity. Fiber optics technology is being adopted across various industries including telecommunications, healthcare, defense, and data centers. The growth of the internet and the increasing need for data transmission is driving the demand for fiber optics. Companies in the market are investing in research and development to provide better and more advanced fiber optic products, which is further fueling the growth of the market. With the rise of 5G networks, the demand for fiber optics is expected to increase even further in the coming years.
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The size of the worldwide fibre optics market was USD 4.48
billion in 2019 and is anticipated to grow to USD 9.73 billion by 2027, at a
CAGR of 10.3%.
The widespread use of optical fibre is a result of the
expanding demand for a communication infrastructure network that is scalable,
high-speed, and dependable. In comparison to copper wires of the same diameter,
it is 10 times faster and can carry far more data. For instance, AT&T Fiber
and Verizon Fios' FTTH deployments offer lightning-fast file transfers and the
ability to stream 4K videos.
List of Key Companies
Profiled:
·
Adtell Integration
·
Adtran, Inc.
·
ADVA Optical Networking
·
Broadcom, Inc.
·
Ciena Corporation
·
Cisco Systems, Inc.
·
CommScope
·
Corning, Inc.
·
Finisar Corporation
·
Fujitsu Optical Components Ltd.
·
Furukawa Electric
·
Hamamatsu Photonics K.K.
·
Hengtong
·
Huawei Technologies Co., Ltd.
The major players in the market are concentrating on
expanding their clientele by creating innovative and one-of-a-kind solutions
and taking part in joint venture and partnership activities. Since every firm
has a different demand, these players focus primarily on offering specialised,
economical solutions while upholding strict standards. Despite the fact that
fibre is a more recent technology than conventional methods, many companies
have seen greater returns on their fibre investments. Businesses engage in
fibre technology for a variety of reasons, but mostly because of its
dependability and speed of transfer.
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The key benefits of
fiber optics technology include:
High-speed data
transmission: Fiber optics allows for faster data transfer speeds compared
to traditional copper cables.
Large bandwidth:
Fiber optics offers a wider bandwidth, enabling the transfer of large amounts
of data over long distances.
Immunity to
Electromagnetic Interference (EMI): Fiber optics is immune to EMI, which
makes it ideal for sensitive data transmissions.
Durability: Fiber
optic cables are much more durable and resistant to damage compared to
traditional copper cables.
Cost-effectiveness:
Despite initial higher installation costs, fiber optics can result in lower
maintenance and operating costs in the long run, making it cost-effective in
the long-term.
Energy efficiency:
Fiber optics consume less power compared to traditional copper cables, making
it an energy-efficient option.
These benefits make fiber optics a popular choice for
various applications, contributing to the growth of the fiber optics market.
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challenges distinct to their businesses. Our goal is to empower our clients
with holistic market intelligence, giving a granular overview of the market
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The Video
Surveillance as a Service (VSaaS) market is a rapidly growing
industry, driven by the increasing demand for cloud-based security solutions.
The trend towards remote monitoring and real-time alerts, along with the growth
of smart cities and the Internet of Things (IoT) has led to an increase in the
use of VSaaS solutions.
These
solutions provide users with greater flexibility and scalability compared to
traditional, on-premise video surveillance systems, and offer a range of
benefits, such as lower upfront costs, reduced maintenance requirements, and
improved accessibility. The global VSaaS market is expected to experience
significant growth over the next few years, driven by a growing demand for
advanced video surveillance technologies, such as facial recognition and
predictive analytics.
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In 2021, the
size of the global VSaaS market was estimated at $3.54 billion. The market is
anticipated to expand at a CAGR of 18.2% from 2022 to 2029, rising from USD
4.09 billion in 2022 to USD 13.16 billion. According to our research, the
global market for video surveillance as a service grew 14.1% on average in 2020
compared to 2019.
In our
market analysis, we took into account a variety of VSaaS offerings from
industry participants, including the MAXPRO Cloud from Honeywell International
Inc., Stratocast from Genetec Inc., and the Avigilon Cloud Services (ACS)
platform from Motorola Solutions Inc. The OpenEye Cloud-based Video
Surveillance system from Alarm.com and the Eagle Eye Cloud VMS from Eagle Eye
Networks Inc. are also covered in our study.
List
of the Key Companies Profiled:
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The
benefits of the Video Surveillance as a Service (VSaaS) market include:
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Regional
Analysis:
The market
is geographically segmented into five key areas: North America, South America,
Europe, the Middle East & Africa, and Asia Pacific.
Throughout
the anticipated time, North America is most likely to hold the largest market
share for VSaaS. In comparison to other locations, it is anticipated to produce
the greatest cloud traffic. By 2023, the U.S. public cloud services market will
be the largest, accounting for more than half of all public cloud spending
worldwide, predicts IDC.
In the
upcoming years, there will probably be an increase in demand for video
surveillance as-a-service due to the growing uptake of smart home security
cameras across North America. For example,
About
Us:
Fortune
Business Insights™ offers expert corporate analysis and accurate data, helping
organizations of all sizes make timely decisions. We tailor innovative
solutions for our clients, assisting them to address challenges distinct to
their businesses. Our goal is to empower our clients with holistic market
intelligence, giving a granular overview of the market they are operating in.
Contact
Us:
Fortune
Business Insights™ Pvt. Ltd.
US: +1 424
253 0390
UK: +44 2071
939123
APAC: +91
744 740 1245
Email:
sales@fortunebusinessinsights.com