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Mobile Security Market Is Expected to Reach $34.8 Billion, Global, by 2020 – Allied Market Research

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According to a new report by Allied Market Research titled, “Global Mobile Security Market  Solution, Types, OS, Trends, Opportunities, Growth and Forecast, 2013 – 2020“, the global Mobile Security Market would reach $34.8 billion by 2020, registering a CAGR of 40.8% during 2014 – 2020. Bring Your Own Device is the latest trend adopted by most of the SMB (small and medium business) companies along with large organizations and is a major reason for the adoption of mobile security software. Smartphones are majorly adopted in Asia Pacific region and contributes largest revenue for the global market which is followed by European countries and Middle East and African countries. Analysis of the market shows that global mobile security market accounts for $3.4 billion in 2013.

Enterprises allowing BYOD expect the primary benefits to be improved-employee satisfaction, increase in productivity and better overall enterprise security. Enterprises are adopting BYOD as an opportunity to invest in the increasing productivity of their employees.

To view the report, visit the website at

Mobile device platforms have become increasingly notable to hackers and cybercriminals as consumers do most of their transactions through their mobile devices. Individual users contribute to generate a notable revenue where mobile phones and tablets continues to play a critical role in consumer bank-switching decisions. As the customers experience from mobile banking improved and adoption improved, banks and financial institutions realize the need of offering secured financial transactions through mobile devices.

The Email security market suffers from both intense competition and bloated set of vendors. Enterprises have been throwing solutions at the problems raised by viruses, spam, internet security and policy. This results in the broad set of solutions located in many edges of their networks. Thus, antivirus scanning might be on an exchange server adopted by most of the enterprises.

The recent trend reflects the broader adoption of two-factor authentication and its implementation across a wide range of use cases. The challenge for the enterprises is often to maintain the balance between demand and necessities of the security, costs and making sure that the users are not overburdened with inconvenient security measures. According to Hewlett-Packard, IT security companies spend seven out of eight dollars on perimeter defenses.

Key findings of the study:

  • Currently antivirus software hold the largest percentage share as compared to the Email security.
  • Banking and Financial institutions would produce large revenue of mobile security market by 2020
  • Asia-Pacific region would generate highest revenue for Mobile Security market by 2020 amongst other regions growing with the highest CAGR

The emergence of Information and Telecommunication (IT) companies in the developing countries like India, and never ending demand for latest gadgets having advanced technology are the major reasons for the adoption of mobile security software. TheTaiwan government noted an exponential growth in the region for the export of smartphones reaching $480 million in 2014.

Organization for Economic Co-operation and development (OECD) noted a high growth in Information and Communication Technology (ICT) in Asian Countries followed by Germany, UK and France. The exponential rise in the smartphone and tablet market is leading to the ultimate growth of security software. Media reports in China indicate that government in the region is taking advanced measures over national security concerns.

Mobile manufacturing companies like Apple is improving the mobile application management security to ensure that the users of its mobile operating system feel safe and manage their applications as per the need ranging from browsing the web to updating their banking accounts. The company has enforced the stringent protocols that determines the access of software on the device in order to keep the customer safe from malicious software.

Tablet device adoption by business users has been astonishingly quick creating challenges for the tablet security and support. To some extent, Tablets can be treated with same security solutions for smartphones, but they tend to be used differently thus ask for some unique challenges of their own. For enterprises, the proliferation is beneficial as the tablet supports the variety of gestures and knowledge the worker needs.


Global Artificial Lift Market is Expected to Reach $27.3 Billion by 2020 – Allied Market Research

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According to a new report by Allied Market Research entitled, “Global Artificial Lift Market – Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020”, the global artificial lift market is expected to reach $27.3 billion by 2020, registering a CAGR of 10.5% during 2014-2020. Continuously declining oil prices-hitting a 4-year low-have forced the oil extraction companies to optimize their spending by increasing efficiency. In line with this, the companies are increasingly deploying artificial lifts to increase output from the existing wells. As a result, the artificial lift market is expected to pick pace in next two years.

As a result of geopolitical consequences, oil prices have declined drastically in past one year. The oil prices have reached below the half of the value they had about a year ago, thereby, affecting profitability of oil extraction and processing companies. In an effort to meet business targets with fiscal constraints, companies are restraining themselves from investing in new projects. The only feasible alternative to increase production would be achieved by increasing output efficiency. Artificial lift is emerging as a solution to this problem, which ensures the maximum efficiency and optimum utilization of oilfield resources.

To view the report, visit the website at

Among the different types of artificial lifts, the rod lifts are the most preferred ones, due to their cost-effective performance while extracting oil from ultra-deep oil fields. Plunger lift technology is gaining an increasing traction in the market due to lower maintenance cost and their ability to operate at sites with mixed proportions of oil and gas. The gas lift components, such as valves and mandrels, would experience rapid increase in adoption by 2020 with the increase in adoption of high-performance gas lifts. North America drives the market due to the growing need of artificial lifts in order to extract oil from low-pressure oil wells in the region.

Key findings of the study:

  • The global market for artificial lifts would grow at a CAGR of 10.5% during the forecast period (2014-2020), due to increased adoption resulting from increased demand of energy sources and maturing oil fields
  • Plunger lifts would witness rapid market growth, growing at a CAGR of 18.2% during forecast period
  • Rod lift would be the market-driving technology by 2020, contributing more than 1/3rd of the overall market revenue
  • Asia-Pacific would prove to be one of the most lucrative markets, in terms of growth, growing at a CAGR of 13.2% during 2014-2020

The market growth is attributed to launch of new artificial lift systems along with business offerings such as service management, on-lease sale, etc. Weatherford has taken a lead in the rent business of artificial lift components. Furthermore, in order to gain a higher market share, the companies are adopting acquisition and partnerships as key strategies. For example, Schlumberger has acquired Kudu Industries in May 2014. This acquisition would be beneficial for Schlumberger, which would improve the supply of pumps, a key component of artificial lift system. Prominent companies profiled in the report include Halliburton, Weatherford, GE Energy, National Oilwell Verco, Dover Corp. and Tenaris.

LiDAR market is Expected to Reach $624.9 Million, Global, by 2020 – Allied Market Research

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According to a new report by Allied Market Research titled, “Global LiDAR Market – Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020”, the global LiDAR market is expected to reach $624.9 million by 2020, registering a CAGR of 16.3 % during 2014 – 2020. Aerial LiDARs would drive the market significantly by the year 2020, contributing to about 1/2 of the total market revenue throughout the forecast period. Corridor mapping applications of LiDAR are a major market driving force, contributing to more than 50% of the total market size by value in 2013.

Among all types of LiDARs which include aerial, mobile, terrestrial and short range; the aerial LiDARs should remain the most preferred type due to their numerous applications in civil engineering, archaeology and forest land management. The civil engineering applications significantly drive the market with the usage of LiDAR in infrastructure planning. The transportation applications of LiDAR would rise rapidly during the forecast period, primarily for vehicle monitoring purposes. Moreover, emerging transportation applications such as driverless cars would begin to gain traction by 2020. The technology giants such and Google and Apple are eyeing the driverless cars market. For instance, Google recently demonstrated its first driverless car. Following the trend, in future there would be numerous players operating in driverless car market.

To view the report, visit the website at

The corridor mapping applications presently are the major market drivers. For modern age infrastructure planning and disaster management, corridor mapping is performed using LiDAR technology. The North American region would continue to dominate the LiDAR market throughout analysis period. However, with rising applications in civil engineering, defence and forestry & agriculture,Asia-Pacific market would witness rapid growth.

Key findings of the study:

  • Global market for LiDAR would grow due to increased adoption across key sectors such as civil engineering, defence, forestry & agriculture during the forecast period (2014 – 2020)
  • Seismology applications of LiDARs would grow at the fastest CAGR of 30.0% during 2014-2020
  • Civil engineering activities would continue to drive the global LiDAR market over the analysis period with around 1/3rd of market size by value each year
  • Forest & agriculture activities involving the use of LiDARs would increase rapidly, at a CAGR of 18.2% during 2014-2020
  • Asia-Pacific would prove to be one of the most lucrative markets, in terms of growth. The market in the region is expected to reach $126.5 million by the year 2020, growing at a CAGR of 22.9% during 2014-2020

The market growth is attributed to innovative launches of LiDAR products along with rising demand from defence and forest & agriculture land management activities. Moreover, due to rising need of 3D geospatial scanning, several players such as Faro Technologies, Airborne Hydrography AB and Leica Geosystems, are upgrading their products. In order to gain a higher market share, in addition to the production launches, the companies are adopting acquisition/ partnership as key strategies. For example; Faro Technologies acquired CAD Zone Inc. which possesses expertise in developing software for end to end point cloud applications. Prominent companies profiled in the report include Avent LiDAR Technology, Intermap Technologies, Optech Inc., Mira Solutions, Aeromatic, Firmatek, Leosphere and RIEGL Laser Measurement Systems.

Global Oncology Drugs Market is Expected to Reach $111.9 Billion, by 2020 – Allied Market Research

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A new report by Allied Market Research titled, “Global Oncology/Cancer Drugs Market – Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020“, forecasts the market to reach $111.9 billion by 2020, registering a CAGR of 7.1% from 2014 to 2020. Increase in adoption of combination therapies instead of traditional cytotoxic therapies is a major factor that contributes to the market growth. The combinational therapies which includes targeted therapy and immunotherapy (Biologics therapy), is expected to witness ~10% surge in its market share collectively by 2020.

Augmentation in the prevalence and incidence rate of various cancers, growing popularity of biological and targeted modalities, along with the patent expiration of major cancer drugs are expected to drive the growth of global oncology drugs market. However, high initial capital investment for new drug development, long-term side effects associated with chemotherapy, and high cost of advanced therapies (targeted and immunotherapies) would limit the growth of the market.

To view the report, visit the website at

The global oncology drugs market is experiencing a shift in therapeutic modalities i.e. from traditional cytotoxic agents to newly develop targeted and immunotherapeutic modalities. Tumor cell specificity, an attribute of aforementioned modality, has reduced drug remission rates and has rendered an enhanced rate of survival in cancer patients thus, complementing the market growth. However, chemotherapeutic modalities would continue to be the leading therapeutic modality segment owing to its higher adoption rate and economic pricing. Going forward, the demand for the chemotherapy modality might confront a negative influence due to marginal efficacy and chronic side effects such as anemia.

Geographically, the developed economies such as North America and Europe collectively accounted for ~65% of market share in 2014, due to higher adoption rates and advanced hospital settings. However, developing economies are expected to experience potential opportunities owing to the emergence of biosimilars in monoclonal antibodies, and improved medical infrastructure.

Key Findings of the Study:

  • Immunotherapy/biological drugs segment expected to grow at a double digit CAGR during the forecast period and would grow at the fastest rate
  • Blood cancer is the major revenue generating segment in the global oncology drug application market however, lung cancer segment is expected to grow fastest among all
  • Currently, North America garners a major share in the oncology drugs market, in terms of market size
  • Asia Pacific oncology drug market is dominated by China and Japan, together contributing to ~60% of the regional market revenue in 2014

A majority of the oncology drug manufacturers have adopted collaboration and acquisition as key developmental strategies to achieve a competitive edge. Moreover, companies are also forming strategic alliances to accelerate the process of clinical trials. These strategies have proved to be effective in helping key market players retain their leading positions in the global oncology drugs market. Key companies profiled in the report are Roche diagnostics, Novartis AG, Celgene Corporation, AstraZeneca, Johnson & Johnson, Merck & Co., Eli Lilly & Co., Amgen Inc., Pfizer and GlaxoSmithKline.

Global Hernia Repair Devices and Consumables Market is Expected to Reach $6.1 Billion, Globally, by 2020 – Allied Market Research

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A new report by Allied Market Research titled, “Global Hernia Repair Devices and Consumables Market – Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 2020, forecasts the market to grow at a CAGR of 6.5% during 2014 – 2020. Consumables (mesh, staple and tacks) segment would continue to be the leading segment of the global hernia repair market in 2020, largely due to the augmentation in hernia cases, recurrence rate and emergence of advanced meshes.

Increase in number of hernia repair surgeries (laparoscopy and open tension-free repair) would be the prime factor responsible for the market growth during the forecast period. As per AMR analysis, total number of hernia repair surgery was ~27 million in 2013 and is expected to reach ~36 million by 2020. Furthermore, other factors driving the market include emergence of novel meshes, technologically advanced hernia fixation devices and growing obese population. However, lack of adequate reimbursement policies and high cost associated with hernia repair procedures would restrain the market growth to a certain extent.

To view the report, visit the website at

Healthcare professionals still prefer synthetic mesh for hernia repair surgeries despite of chronic pain associated with it. However, biological meshes would be the ultimate choice for patient with high risk. Popularity of synthetic mesh is largely due to the attributes such as cost effectiveness, lesser risk of infection (less than 3%) and hard-wearing (remain permanently in the body). In case of biological mesh, it has few limitations such as risk of infection and less stronger as compared to synthetic mesh. Ongoing improvements in meshes such as absorbable, non-absorbable or partially absorbable is also a significant factor fuelling the consumables market.

Inguinal hernia is most prevalent type of hernia across the world and hence accounted for about 3/4th of the hernia repair market revenue in 2014. Geographically, North America and Europe, collectively contribute ~75% of the market share in 2013 due to increasing adoption of laparoscopic surgery and rising incidences of hernia. Asia-Pacific and LAMEA market is posed to grow at a significant pace due to increasing awareness and rising per capita expenditure on healthcare.

Key findings of the study:

  • Consumables segment is most attractive segment with faster growth and higher revenue share within hernia repair market
  • North America will remain the leading region through 2020, closely followed by Europe
  • Incisional Hernia is expected to be the fastest growing market segment during the forecast period

Key product manufacturing companies profiled in the report include Medtronic (Covidien), Ethicon, Davol, Cooper Surgicals, Cook Medicals, LifeCell Corporation, Insightra medical, B Braun Melsungen, W. L. Gore Inc. and Baxter Inc.

Small Animal Imaging (In-Vivo) Market is Expected to Reach $2.1 Billion, Globally, by 2020 – Allied Market Research

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A new report by Allied Market Research titled, “Global Small Animal Imaging (In-Vivo) Market (Technology, Application and Geography) – Size, Share, Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013-2020”, forecasts the market to grow at a CAGR of 9.1% from 2014 to 2020. Optical imaging modality is and would continue to be the most preferred imaging technology for clinical research organizations (CROs) through 2020, largely due to high sensitivity, economic pricing and a broad scope of applications. Such factors would eventually push the optical imaging technology segment to contribute about 40% of the global small animal imaging market revenue by 2020.

To view the report, visit the website at

Rising number of pre-clinical research, increasing investments by the CROs in the research activities, growing number of multi-functional pre-clinical imaging and technological advancements, namely combination of high resolution MRI with other imaging modalities are the few factors empowering the global market. Spatial resolution multimodal imaging, Cerenkov Bioluminescence Imaging and real time storage multimodal imaging system collectively contribute to the significance of small animal imaging (in-vivo) systems in the drug development and translational research. These technologies exemplify the recent and unique advancements in the field of diagnostic devices, amplifying the scope of applications in pre-clinical as well as clinical research. However, stringent regulatory impositions coupled with inadequate reimbursement policies would restrain the market growth to a certain extent. However, faster commercialization of cost-efficient devices would ease the negative influence of restraints and fuel the market growth, primarily across the developing regions.

Most common small animal in-vivo imaging devices used in pre-clinical applications are micro-MRI, optical imaging, and nuclear imaging modalities, namely as the micro-PET and micro-SPECT, micro-ultrasound, micro-CT and optical imaging. Owing to the versatility of imaging modalities, they are used in a variety of biomedical applications such as monitoring treatment responses, assessing bio-distribution patterns, cancer cell detection, and longitudinal as well as epigenetic studies. Routine application of imaging in bio-distribution and drug monitoring together contributed to ~60% of the market in 2013. Existing potential growth opportunities in oncological research would make the cancer cell detection application market lucrative and thus, would emerge as a fastest growing application market segment during the forecast period.

Geographically, ~67% of the small animal imaging (in-vivo) market share is held by the developed regions, due to heavy investments and affordability of advanced small animal in-vivo imaging devices. North America is the dominant region owing to its adoption of advanced technologies, healthcare awareness and favorable reimbursement policies. The research outcomes in the field of small animal imaging market in North America are the blend of academic and industry efforts supported by government programs and initiatives.

Key findings of the study:

  • Micro MRI, nuclear imaging, and micro CT modalities collectively accounted for about 52% of the revenue generated in 2013
  • Optical imaging and micro-MRI technology segments would collectively command over 2/3rd of the market revenue during the forecast period
  • Cancer cell detection application market segment would grow at a highest rate during the forecast period, owing to the rising prevalence rate of cancer across the world

Technologies have a notable impact on the global small animal imaging market and manufacturers with novel technology rights are holding substantial market share. Advent in these novel technologies lead to launch of new and advance product lines in small animal imaging market. To gain the maximum market share, key leaders of the small animal in-vivo imaging market have adopted acquisition as a strategy, which has proved to be the most successful for this market. Key companies profiled in this report are, Thermo Fisher Scientific, Siemens AG, Mediso Medical Imaging Systems, Life Technologies Corporation, Promega Corporation, Miltenyi Biotech, Bruker Corporation, FujiFilm Holding Corporation, PerkinElmer Inc., and Aspect Imaging Ltd.

Global Encryption Software Market is Expected to Reach $2.16 Billion by 2020 – Allied Market Research

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According to a new report by Allied Market Research titled, “Global Encryption Software Market – Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020, the global encryption software market is expected to reach $2.16 billion by 2020, registering a CAGR of 14.27% during 2014 – 2020. Software based encryption is gaining prominence as one of the end point security solutions, as it is increasingly being adopted by the organizations worldwide. With data protection and data privacy compliance becoming a high priority, organizations have started viewing encryption as an enabler to achieve compliance and data security and at the same time mitigate the data breach risks associated with the adoption of advanced technologies, particularly cloud services and mobility.

To view the report, visit the website at

From the application perspective, encryption is used across all the industries to secure both data-at-rest (data stored in data stored in files/folders and disks); and data-in-transit (email messages travelling over the network). The adoption of software-based encryption for protecting data-at-rest is higher as compared to the adoption of the same for data-in-transit. Data-at-rest encryption software accounts for approx. 93.5% 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 software being the most widely deployed method for protecting data against theft and ensuring compliance with the data privacy and data breach notification laws. Full Disk Encryption is preferred over the File Level Encryption, primarily due to the two major advantages such as ease of deployment and management and complete security.

Presently, software based encryption enjoys the highest adoption in the Financial Services sector with a growing acceptance in the Healthcare Sector. Financial sector accounts for approximately 44% of global encryption software market amongst all the other industries. Entities operating in the sector are mandated by the data privacy regulations to adopt effective security measures in their organization and need to ensure that the personally identifiable data (PII) of the customers is protected from any unauthorized or unintended disclosure/access.

Key findings of the study:

  • 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) holds the majority share vis-à-vis File Level Encryption (FLE), with FDE expected to be the more widely adopted technology in 2020
  • Based on the geographic analysis, North America presently is and would continue to be the highest revenue-generating region, throughout 2014 – 2020. However, the growth would be higher in the developing regions particularly APAC
  • The use of Encryption software is most widespread in the Finance Sector, which is presently largest contributor i.e. approx. 44% to the total Encryption Software Revenue
  • The adoption of encryption software is higher amongst large enterprises compared to the small and medium sized businesses

The evolving data protection regulatory landscape, burgeoning number of data breaches coupled with the increasing adoption of technologies particularly cloud are driving the adoption of encryption software worldwide. A large number of organisations are adopting an enterprise wide encryption strategy plan rather than informal policies. With the rapidly increasing adoption of cloud services in all the sectors, the organisations are now looking at encryption solutions that would ensure data security and compliance with the data privacy regulations for their data in the cloud. Furthermore, the highest interest will be in encryption solutions from cloud security vendors.