Technology

Crowd Analytics Market to Reach $1,531 Million, Globally, by 2022.

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Crowd Analytics Market Report, According to a new report published by Allied Market Research, titled, Crowd Analytics Market by Solution, Deployment Model, Application, and End User: Global Opportunity and Forecast, 2014-2022, projects that the crowd analytics market was valued at $331 million in 2015, and is projected to reach at $1,531 million by 2022, growing at a CAGR of 24.9% from 2016 to 2022. Retail and other industries segments are expected to exhibit healthy growth rate during the forecast period, owing to high demand for customer engagement through behavioral modeling and predictive analysis.

Crowd analytics is an optimized business solution, which delivers insightful analysis of crowd mobility at mass gathering places, such as airport & railway terminals, city malls, retail stores, convention centers, stadium, and others. The data obtained from various sources, including (CCTV) closed circuit television camera, commercial off-the-shelf camera, and first & third party consumer data are channelized through sophisticated artificial intelligence methods to present predictive crowd flow models and customer preference patterns.

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Crowd Analytics Market by Solution:

The services segment including professional and managed services are on high demand in crowd analytics market, due to increase in need to manage data from conception and analysis and to archive at the appropriate space and time. Moreover, comprehensive planning, installing, and configuration of the software have also augmented the service segment growth in the crowd analytics market.

North America was the largest market in crowd analytics industry in 2015, owing to healthy economic growth, ongoing commercialization, and increase in ICT expenditures by the government on various projects including, home land security, tourism, and other people management programs. In addition, there is a growth in adoption of crowd analytics solutions in Europe due to upsurge in urban population and increase in footfalls of customers at retail malls. The trend of strong adoption of analytics software in North America and Europe have accelerated the growth of the crowd analytics market.

Crowd Analytics Market by Deployment Model:

Cloud deployment model is expected to grow at the highest CAGR during the forecast period, owing to direct IT control, internal data delivery & handling, faster data processing, efficient resource utilization, and cost-effectiveness. Furthermore, reduced IT staffs and standardized business environment for IT operation provide advantage in cloud deployment.

Crowd Analytics Market by Geography:

Based on the geography, the market is segmented into four major regions, namely, North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue contributor in 2015, and accounted for around 37.5% share of the overall crowd analytics market. The Asia-Pacific market is projected to grow at the highest CAGR of 27.4% during the forecast period, owing to upsurge in need of public management and crowd control in large retail malls and airport gateways.

Key Players of Market:

The report features a competitive scenario of the crowd analytics industry and provides comprehensive analysis of key growth strategies adopted by major players. Key players profiled in the study are AGT International GmbH, Crowd Dynamics International, Crowd Vision Limited, Geodan Next, Mira, NEC Corporation, Nokia Corporation, Savannah Simulations AG, Spigit, Inc., and Walkbase. All these players are involved in competitive strategies including software innovation, business expansion, and partnership to augment the growth of the global crowd analytics market.

Key Findings of the Crowd Analytics Market

  • The cloud deployment model segment accounted for the highest share in the market in 2015, growing at a CAGR of 25.6%.
  • North America generated the highest revenue in 2015, and valued at $124 million.
  • Asia-Pacific dominated the market in terms of growth during the forecast period.
  • The U.S. was leading in terms of crowd analytics market, in 2015. In addition, Canada, UK, Germany, China, Australia, and the other emerging markets are anticipated to provide significant opportunities for major players.

Key Benefits

  • The report provides in-depth market analysis of the global crowd analytics market, outlining the current trends, key driving factors, and potential areas for investments.
  • The key players have been analyzed with respect to their primary offerings, recent investments, and future development strategies.
  • Holistic approach of segmentation is carried out through our in-depth market study and discussions with the several industry expertise globally.
  • The report provides highlights of the top investment pockets, key impacting factors, and wining strategies for the crowd analytics industry.
  • The key players positioning is derived with thorough consideration of their industry penetration, product expansion, and strategic developments in the recent years.

Automated Material Handling Equipment Market to Reach $39,060 Million Globally, by 2022

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Automated Material Handling Equipment Market: Global Opportunity Analysis and Industry Forecast, 2014 – 2022, projects that the global automated material handling equipment market size is expected to reach $39,060 million by 2022. Robotic systems dominated the global market in 2015, and is expected to maintain this trend from 2016 to 2022. Europe is expected to dominate the market throughout the forecast period due to increase in demand for automated technologies in manufacturing industries.

Automated material handling equipment (for example robotics systems) witnessed a higher demand owing to increased need for automation in industries, such as e-commerce, automotive and food & beverages due to reduced operational costs, improved supply chain process, and reduced labor costs. Moreover, technological advancements such as the introduction of vision guided navigation technology, which allows the vehicle to follow the route without any human intervention, has further strengthened the market growth for automated transport equipment. In addition, the demand for energy efficient and eco-friendly robotics systems are expected to increase the demand for automated material handling equipment. However, high initial installation costs of such systems could hamper their market growth.

Major types of automated material handling equipment sought by the customer industries include automated guided vehicles, automated storage & retrieval systems, automated crane, robotics systems, and automated conveyor & sortation systems. Robotics systems constitute the highest market share of 30.7% in 2015 owing to high accuracy, superior efficiency, and reduction in product damage offered by pick and place robot systems. Automated conveyor systems accounted for one fifth of the market share in 2015, and is likely to reach $7,596 million by 2022 at a CAGR of 6.5%.

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Automated materials handling systems are used in various applications such as assembly, transportation, distribution, storage, and waste handling. Among these, storage application accounted for the largest market share in material handling equipment industry accounted for around 26.2% market share in 2015. Storage systems are space efficient, increases storage capacity, and improves inventory control system.

Based on system type, the AMH equipment market is divided into unit load material handling system and bulk load material handling system. Unit load material handling system accounted for the largest share of more than 63% in 2015 as this system is easy to install and provides high return on investment.

Among the major industry verticals, the automated materials handling systems find widespread usage in the automotive industry. Automotive industry accounted for more than 26% share of the global market in 2015 owing to increased automobile production in China, Japan, and India. This segment is estimated to witness significant growth during the forecast period due to improving production processes, lowering labor intensity, and timely delivery of materials.

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Software component is projected to grow rapidly, registering a CAGR of 8.2% during the forecast period due to increased usage of warehouse control system as it reduces the rate of missing stock, improve handling rates, and maintain high service level. Market players offer wide variety of software and control systems, effective for warehouse and manufacturing facilities. For instance, Daifuku Co. Ltd. introduced warehouse control system that provides high efficiency and accuracy.

Europe region accounted for the maximum market share in 2015, and is expected to maintain its lead throughout the forecast period. This is attributed to heavy investment by automotive and food & beverage industry players in automation. LAMEA region has exhibited significant growth due to rapid industrialization. Especially, emerging countries such as Brazil facilitates the market growth.

Global Service Robotics Market is Expected to Reach $34.7 Billion by 2022 – Allied Market Research

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Global Service robotics market is expected to reach $34.7 billion by 2022, with a CAGR of 23.9% from 2015 to 2022, according to a new report by published by Allied Market Research. The growing need of automation across various industries has encouraged organizations to adopt service robotics for increased productivity, superior quality and precise operations, reduced operation costs, and enhanced safety of workforce. Increasing labor costs coupled with lack of workforce further accelerate the growth of market.

Increasing need for safety along with government regulations for labor protection drives organizations to adopt service robotics for enhanced safety at workplace. The growing penetration of mobile devices facilitates the development of advanced robotic systems and boosts the growth of market. Vendors in the market focus on developing affordable and energy-efficient robots for small and medium enterprises to cater to the growing requirements of consumers. The significant rise in investments in R&D for the development of service robots along with the establishment of organizations including Standardized Procedures for the Advancement of Robotic Combat (SPARC) and International Federation of Robotics (IFR), further fosters the growth of the market.

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Professional service robots are used in healthcare; defense, rescue, and security; field; logistics; and construction industries. The segment of professional service robotics generated $3.9 billion in 2014 owing to high demand of automation from these sectors. Reduction in labor costs, increased operational efficiency, and delivery of high-quality services with improved precision and accuracy further encourages consumers to employ professional service robots. The revenue of personal service robotics segment is expected to grow at a rate of over 26% during the forecast period, owing to high demand of service robots from the domestic and entertainment sectors and rise in disposable income of consumers. In terms of volume, personal robots accounted for a higher share and generated over 4,672 thousand units in 2014.

Healthcare is the major end user industry, in terms of revenue generation, that employs service robots for a wide range of applications such as surgery, diagnostics, physical and mental therapy, and prosthetics among others. Patient monitoring, laboratory automation, drug discovery, and prescription preparation are other applications of service robotics in the healthcare sector. It accounted for over 35% share of the global market revenue in 2014, followed by defense, rescue and security sector.

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Other industries utilizing service robotics include field, logistics, construction, domestic, and entertainment. The construction industry is likely to grow at the highest CAGR during the forecast period. In terms of volume, defense, rescue, & security robots accounted for the highest share and generated around 11 thousand units in 2014 owing to the increased employment of unmanned aerial vehicles, unmanned ground vehicles, firefighting & disaster management robots, professional surveillance robots, and demining robots. The healthcare segment is forecast to grow at the highest CAGR of 29.1% during 2015-2022 in terms of volume.

Key findings of Service Robotics Market:

  • The service robotics market is projected to exhibit a significant growth owing to increasing demand of automation from various industries, rising application areas, and growth in emerging economies.
  • The professional robotics segment is anticipated to dominate the market in terms of revenue owing to the increasing applications from healthcare, defense, rescue and security, agriculture, logistics, and construction industries.
  • The healthcare industry is excepted to maintain its leading position in the market during the forecast period in terms of revenue.
  • Europe is likely to dominate the market throughout the forecast period.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Ultra-Mobile Devices – Latest and updated Scope and Application

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Ultra-Mobile Devices

Allied Market Research added new research report on “Ultra-Mobile Devices Market” includes Industry Size, Share, Trends, Growth, Demand, Supply, Market Development, Analysis and Forecast

Ultra-Mobile Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $60,703 million by 2022, registering a CAGR of 10.4% during the forecast period. Moreover, perceptible amount of portability and dual mode operations supported by ultra-mobile devices (UMD) are anticipated to drive the global market. While, North America is expected be the largest market for UMDs during the forecast period, LAMEA is estimated to depict the fastest growth rate.

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Premium UMDs constitute the highest market share due to enhanced functionality and improved processors. However, utility UMDs are estimated to portray the fastest growth since they are more affordable.

The consumer electronics segment is projected to dominate the market pertaining to increase in the number of internet users and enhanced functionality of UMDs. However, retail industry is expected to depict fastest growth rate during the forecast period.

LAMEA is estimated to be the fastest growing region during the forecast period as it has the highest market share in Middle East.

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Key findings of the Ultra-Mobile Devices Market:

  • Utility UMDs market is expected to exhibit a remarkable growth due to proliferation in adoption among the emerging countries such as India and China.
  • Consumer electronics industry contributes to the highest market share owing to the growth in number of internet users.
  • LAMEA is expected to exhibit a promising growth during the forecast period. Industry participants focus on new product launches to improve their market share.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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The NoSQL Market | Fact and Forecast | Growth Factors | Key Trends

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Summary: “NoSQL Market” the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

NoSQL Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $4.2 billion by 2020, registering a CAGR of 35.1% during the period 2014-2020. The NoSQL usage, in web applications and data storage & analysis, is poised to drive the NoSQL market, significantly, through the analysis period of 2013 – 2020. North America, is slated to remain, as a major market driving region, contributing to more than 2/5 of the overall industry revenue, through 2020.

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Among all types of NoSQL databases, the key-value stores, should remain the most preferred type of NoSQL, due to their usage in web applications for blogs, session management and e-commerce. The usage of NoSQL, is significantly high in IT, for web session management, social network management, etc.

The key value stores, are the driving factors of the market, with its applications in web session management, user profile management and e-commerce support. Document databases, have emerged as the next most attractive type of NoSQL, with its simple design and basic ability, to support analytical queries. Several leading players, such as Couchbase, MongoDB, Amazon, MarkLogic, etc. are indulging in agreements, with all application industry players, in order to rise in the market. The agreement of these players, with leading companies, such as Google, Facebook, Twitter, MetLife, Snapdeal, Flipkart, etc. are facilitating a win-win situation for both parties.

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The market growth can be attributed to innovative launches of NoSQL solutions, and collaborative efforts by NoSQL vendors & customers. The efforts of customer companies, in order to improve their market offerings, are generating the demand of NoSQL, as a back end support. The emergence of agile software development, is generating the demand for NoSQL. Numerous leading companies such as MongoDB, Riak, Amazon, etc. are offering their NoSQL database, for free download, which can be upgraded to suit, increased needs of business, with purchased licenses. Prominent companies, profiled in the report include, Couchbase, Aerospike, Neo4j, InfiniteGraph, Basho Technologies, Hypertable, Cassandra and MarkLogic.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Internet Security Market – Smart Strategies of the Research and Development Process

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Allied Market Research adds “Internet Security Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Global Internet Security Market report, published by Allied Market Research, forecasts that the global market is expected to garner $46.5 billion by 2021, registering a CAGR of 8.4% during the period 2016-2021. The market is driven by the huge demand for Internet security software solutions due to the increasing number of cyber-attacks and the adoption of cloud-based Internet security systems.

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The global Internet security market is segmented into product & services, technology, application, and geography. Based on product & services, the market is segmented into software, hardware, and services. In 2015, the software security solutions segment accounted for around 74.8% of the overall revenue, owing to the widespread adoption of these software solutions among individual & corporate users. However, industry leaders, such as Intel, HP, and Symantec, have heavily invested to develop cloud-based security solutions. Therefore, services segment is expected to grow at the highest CAGR of 23.6% during the forecast period.

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Based on technology, the report segments the market into authentication, access control technology, content filtering technology, and cryptography (encryption) technology. Authentication technology segment dominated the market in 2015, accounting for more than 40% market share. Authentication technologies are used in single sign-on like password-based logins as well as complex systems, such as tokens, public-key certificates, and even biometrics.

Based on applications, the market is segmented into BFSI, retail, IT & telecommunications, government, manufacturing, education, aerospace, defense & intelligence, and others. In 2015, BFSI was the highest revenue-generating segment in terms of revenue. The education sector is expected to grow rapidly, registering a CAGR of 14.3% during the forecast period.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Growth and Trends Overview for the Encryption Software Market by 2022

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Allied Market Research adds “Encryption Software Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Global Encryption Software Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $2.5 billion by 2021, registering a CAGR of 14.2% during the period 2016 – 2022. North America is expected to be the leading contributor during the forecast period, owing to higher adoption of end-point security solutions among organizations and prevalence of higher data protection & compliance regulations. However, Asia-Pacific region is anticipated to grow at the fastest rate, due to the growing penetration of cloud computing and increasing workforce mobility.

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The encryption software market by usage comprises encryption for data-at-rest and encryption for data-in-transit. In 2014, data-at-rest encryption software segment accounted for approximately 93.4% of the total encryption software market by value. For data-at-rest, the two most commonly used encryption software methods include full disk encryption (FDE) and file level encryption (FLE), with full disk encryption being the most widely deployed method for protecting data against theft and ensuring compliance with data privacy and data breach notification laws. FDE is preferred over the FLE primarily due to the two major advantages, viz. ease of deployment and management, and complete security.

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Key findings of Encryption Software Market:

Presently, encryption software for data-at-rest accounts for the major share of the encryption software market as compared to the encryption software for data-in-transit (email)

Within the data-at-rest encryption software market, software-based full disk encryption (FDE) would continue to hold the majority of share vis–vis file level encryption (FLE), throughout the forecast period

Based on the geographic analysis, North America presently is the highest revenue-generating region and would continue to maintain this trend during 2015-2021

The use of encryption software is most widespread in the financial sector, which contributed approximately 44.2% share of total encryption software market revenue in 2014

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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