market trends

Global Warehouse Management System Market to Garner $3,112 Million, by 2022

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Warehouse Management System Market Report, published by Allied Market Research, forecasts that the global market size is expected to garner $3,112 million by 2022, growing at a CAGR of 15.2% during the period 2016-2022. This can be attributed to the increase in inventory and workload of WMS in warehouse operations. Europe is expected to be the largest market during the forecast period.

By component type, software held the highest marketsharein2015, and services is anticipated to show the highest growth rate. Among the various industry verticals, transportation & logistics is projected to dominate the market. However, pharmaceuticals industry is expected to have the fastest growth rate.

Asia-Pacific is estimated to grow fastest due to increase in the adoption of WMS services and extensive growth in Japan, China, Australia, and India.

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Fig.  WMS Market segmentation

Improved supplier and customer relationships
WMS reduces the delivery lead times and errors while processing the orders. The suppliers seek greater efficiency and productivity while implementing WMS, which strengthens the supplier‐customer relationships, and is a notable driver for the WMS market. The impact of this factor was remarkable during 2015, and is projected to significantly rise over the forecast period.

Costly deployment of WMS solutions

Inherent challenges associated with implementation of the distribution software such as lack of process standardization in distribution, less business savvy users, high rate of simultaneous active transactions, materials handling interface requirements, and other factors result in resource monopolization, cost overruns, and operational disruption risks. Smaller facilities with lower headcounts find WMS solutions too expensive to deploy. Many such firms rely on memory-based processes, antiquated systems, and paper-based warehouse operations. In the year 2015, the impact of this factor was prominent; however, due to technological advancements, this impact is predicted to decline over the forecast period.

Emergence of SaaS-based on-demand WMS solutions
The smaller firms and other companies seek for less capital investments and greater flexibility. The on-demand supply chain execution is expected to gain larger share of the market over the forecast period. Smart Turn, a WMS vendor, was among the first companies to promote this model. Several suppliers have provided their software as a service to get a foothold in the market. The impact of this factor was notable in 2015, and is expected to increase over the forecast period.

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 Key findings of the Warehouse Management System Market:

  • Software is expected to exhibit a significant growth in the WMS market due to growth in adoption of this technology in the logistics industry.
  • Transportation & logistics industry generated the highest revenue among other industry verticals pertaining to increase in adoption of WMS.
  • Europe is projected to exhibit a substantial growth during the forecast period.
  • Several industry players adopt partnership and product launch as their key strategies to offer innovative products and services & solutions to attain a higher market share.
  • The dominant players include Oracle Corporation, SAP SE, Infor Inc., and Manhattan Associates Inc., and others.

 

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Data Center Automation Market Expected to Reach $8,619 Million, Globally, by 2022

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The rapid growth in the number of smartphone and tablet users and growth in dependency on IT have led to an increased demand for data center automation technology. In addition, continuous prevalence of cloud technology and the explosion of big data have increased the demand for larger storage capacity, thus raising the need for data center automation. The wide-scale adoption of Internet-enabled devices, cloud-based applications, and the transformation from consumer-side computing to Software-as-a-Service (SaaS) drive the need for automation within the IT industry.

Data Center Automation

Data Center Automation Market Report, states that the global market size was valued at $2,483 million in 2015, and is projected to reach $8,619 million by 2022, growing at a CAGR of 19.6% from 2016 to 2022. The IT & telecom segment was the highest contributor in 2015, accounting for around 23% of the global market.

A data center is a facility that consists of a network of computers and storage systems. It is used to process, organize, store, and distribute large amounts of data for a business or an organization. Data center automation offers faster and enhanced productivity, operational reliability, and consistency to its users, which results in its increased demand in various industry verticals.

Manufacturing is expected to grow at the highest CAGR of 22.8% during the forecast period. In the manufacturing industry, large amount of data is generated on the operation and shop floor, which needs to be analyzed to improve the quality, accuracy, and delivery time. By automating the data center, the data can be accessed continuously for performing predictive analysis to identify relationships and patterns among various processes and associated factors to recognize and enhance those factors that have the largest impact on the output.

Based on the geography, the data center automation market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue contributor in 2015, accounting for around ~60% share of the market size. However, Asia-Pacific is projected to grow at the highest CAGR of 25.3%, owing to the adoption of data center automation techniques to achieve effective and efficient control over the ongoing processes and operations.

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The report features a competitive scenario of the data center automation industry and provides comprehensive analysis of key growth strategies adopted by major players. Key players profiled in the study are VMware, Inc., BMC Software, Cisco Systems, Inc., IBM Corp., Hewlett Packard Enterprise, Microsoft Corp., Puppet, Citrix Systems, Inc., ServiceNow, Inc., and Chef Software, Inc.

Key Findings of the Data Center Automation Market:

• The consulting services segment accounted for the highest share of the data center automation market in 2015, growing at a CAGR of 20.4% during the forecast period.
• North America was the highest revenue-generating segment in 2015, with $1,558 million.
• Asia-Pacific dominated the market in terms of growth in 2015, and is projected to continue its dominance in the future as well.
• U.S. was the leading country, in terms of spending on data center automation market, in 2015. In addition, India, China, and other emerging markets are projected to provide significant opportunities for major players.

Self-Organizing Network Market — Architecture and Cellular Network Analysis 2014–2022

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Allied Market Research has recently published a report on the global self-organizing network industry, which is an in-depth analysis of the entire industry for the analysis period 2014–2022. The report is a comprehensive survey of the market and highlights the key driving factors, restraints, opportunities, and challenges faced by main industry players engaged in the market. It scrutinizes on the different types of architecture used for networking, along with an analysis of the cellular network type. The report profiles the major market players working in the industry, along with a close scrutiny of their product offerings, business performances, and marketing strategies. The data is supported with the help of vital statistics and charts & figures, which enable a clear understanding of the industry.

The global self-organizing network market report highlights the profitable growth of the industry in the given analysis period. According to the study, the entire market is expected to reach a value of $8.3 billion by the year 2022. This will be exhibited by a projected CAGR of 11.1% during the period 2015–2022. The report goes into depth about the cellular networks offered in the industry, whether it is 2G/3G, 4G, and long-term evolution.

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Key Findings Self-organizing Network Market Report:
• The 4G/LTE segment is projected to exhibit high growth potential. This is mostly because the network operators have begun to deploy SON to deliver streamlined network performance and greater service quality.
• H-SON architecture is estimated to project the fastest growth throughout the forecast period, owing to its ability to effectively handle heterogenous network, reduction of operation costs, and real-time response to network issues.
• The most popular architecture was centralized (C-SON) architecture, and it is expected to hold a significant market share throughout the analysis period.
• In terms of geographical, Asia-Pacific is touted to surpass North America, and emerge as a leader in the self-organized network market in the forecast period.

The key players in the self-organizing network market are expanding the scope of their business operations in the developing countries by including innovative solutions in their product offerings. The report includes a detailed competitive analysis of the major market players including Ericsson, Airhop Communications Inc., Nokia Solutions and Networks, Amdocs Inc., Cisco Systems Inc., NEC Corporation, Huawei Technologies Co., Ltd, Cellwize Wireless Technologies Pte Ltd., Ascom Holding AG, and RadiSys Corporation.

The study is a comprehensive study of the SON market. It enables the interested business owners and individuals understand the market scenario with the help of critical industry insights. The detailed explanation of the drivers and opportunities entailed the investors to easily comprehend how to be a part of the market’s growth. The self-organized network market report takes a closer look at the inclination of various segments and their participation in the global industry, by gauging the market’s potential. The geographical synopsis of the industry portrays the market presence in various emerging countries and ample opportunities for growth in such markets. For those planning to expand their reach and product lines, the report offers more than just critical insights.

Sugar Confectionery Market Expected to Reach $55,594 Million, Globally, by 2022

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The demand for sugar confectionery in Asia-Pacific is expected to increase at a rapid pace over the forecast period, owing to the continuous product launches and expansion by key players. Moreover, expansion of local brands in India is expected to boost the sugar confectionery market in Asia-Pacific.

Sugar Confectionery Market Report, published by Allied Market Research, states that the global market was valued at $44,481 million in 2015, and is projected to reach $55,594 million by 2022, growing at a CAGR of 3.2% from 2016 to 2022. Asia-Pacific held more than two-fifths share of the global market in 2015.

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Sugar confectioneries are referred to as food products containing high sugar content such as candies, chocolates, caramels, gums, and cookies, and various types such as. In addition, they include variety of products from inexpensive, to individually wrapped sweets, and to sweets with sophisticated packaging.

The factors that drive the growth of global sugar confectionery market include increase in the retail market and expansion of product portfolio. In addition, the increase in disposable income of consumers in developing countries and the shift of trend towards gifting confectionery items, incessant R&D, expansion by key players, emphasis on promotional activities & social media marketing, and advertising campaigns has led to augment in the global sugar confectionery market. However, high raw material prices are expected to hamper the growth of this market in the near future. Moreover, the rise in demand for dark chocolates and sugar free chocolates are also anticipated to restrain the growth over the forecast period. Major factors projected to impede the market growth are the increase in awareness among consumers about health concerns and the rise in incidence of diabetes globally.

Based on product type, the market is segmented into hard-boiled sweets, caramels & toffies, gums & jellies, medicated confectionery, mints, and others. Hard-boiled sweets accounted for maximum share in the global sugar confectionery market in 2015. Caramels & toffies and gums & jellies segments collectively accounted for more than two-fifths of the market share in 2015.

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Key findings of the Sugar Confectionery Market:

• In terms of value, medicated confectionery segment is expected to expand at a CAGR of 3.9% during the forecast period.
• Asia-Pacific is estimated to maintain its lead position throughout 2022, growing at a CAGR of 4.2%, in terms of value.
• China occupied approximately half of the total Asia-Pacific sugar confectionery market in 2015.
• India is expected to grow at the highest CAGR of 5.1%, in terms of value.

In 2015, Asia-Pacific and North America collectively accounted for two-thirds share of the global sugar confectionery market, and are expected to continue this trend. China, India, and other developing countries are expected to witness high growth rate in Asia-Pacific during the forecast period

The major companies profiled in the report include Nestl SA, Chupa Chups SA., Cadbury PLC, Kraft Foods Inc., Ferrero SpA., The Hershey Company, Perfetti Van Melle S.P.A., HARIBO Dunhills (Pontefract) PLC, Lotte Confectionery Co Ltd, WM Wrigley JR Company, and Lindt & Sprungli.

Homeland Security Market to Reach $418 Billion, Globally, by 2022

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The homeland security market in Asia-Pacific region is projected to grow at significant rate during the forecast period, owing to increasing number terrorist activities, territorial wars, political unrest, protests, and government inclination towards police modernization in countries including India, Japan, China, and Sri Lanka.

Homeland security market is expected to garner $418 billion by 2022, registering a CAGR of 5.9% from 2016 to 2022. The cyber security segment is expected to dominate the global market throughout the forecast period. North America is expected to be the leading contributor to the global revenue during the forecast period.

homeland security

Growing instance of terrorist attacks, wars between neighboring countries, domestic wars due to political unrest, communism, riots, and others have fostered the adoption of homeland security solutions. In addition, increasing number of natural as well as man-made disasters including earthquakes, floods, cyclones, fire, industrial hazards, rail accidents, plane crash, and others are expected to drive the market. However, lack of awareness and high installation cost of technological advanced products and services of homeland security restrict the market growth. The development of technologically enhanced products, such as unmanned vehicles and terahertz radiation (T-ray) for detecting chemical composition of objects, robots for automation, executing human tasks, and others would provide numerous opportunities for the growth and development of the homeland security market.

In 2015, cyber security accounted for the maximum revenue share in the overall homeland security market, due to increasing threat of cyber terrorism, cybercrime, and internet fraud. Increasing trend of bring-your-own-device (BYOD), Internet of Things (IoT), web deployment, trends, cloud services, and big data analytics that need enhanced security provide huge growth opportunities to the cyber security market. In addition, the critical infrastructure segment is presently the fastest growing segment, and is projected to grow at a CAGR 7.2% during the forecast period, owing to proactive government initiatives for protecting critical infrastructures in areas such as telecommunication, power plants, oil & gas, defense, financial & security services, manufacturing, and others.

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North America accounted for majority of the global market share in 2015, and is expected to maintain its dominance during the forecast period due to heavy investment by government organizations in homeland security in the region.

Key findings of the Homeland Security Market:

– In 2015, cyber security segment dominated the overall homeland security market in terms of revenue, and is projected to grow at a CAGR of 4.3% during the forecast period.
– Critical infrastructure security segment is projected to grow at the highest CAGR of over 7% during the analysis period.
– Public end user segment is projected to generate the highest revenue in the market during the forecast period.
– In 2015, North America generated the highest revenue among all regions in the global homeland security market.
– Asia-Pacific is expected to grow at a CAGR of 7.2% from 2016 to 2022.

IBM Corporation, Lockheed Martin Corporation, General Dynamics Corporation, and Northrop Grumman Corporation are some of the prominent players in the market. Market players have focused on product launch and partnership for expansion in the market. For instance, in June 2016, IBM partnered with the GW Center for Cyber and Homeland Security, an organization for research and analysis on homeland security, counterterrorism, and cyber security issues in the U.S. IBM would help the latter to prepare its homeland security strategy.

Supervisory Control and Data Acquisition (SCADA) Market is expected to reach $40,240 Million, Globally, by 2022

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The market, is growing substantially; however, its contribution to the global market, would increase significantly during the forecast period. Lack of awareness in IT trends is a major limitation for purchasing the SCADA system. Numerous players are stepping in the SCADA market with innovative products. There are no emerging technologies which is expected to replace SCADA system in the coming years. The opportunities in the SCADA market is expected to be in the automation in Internet of Things (IoT) technologies primarily for retail sector.

SCADA Market Report, published by Allied Market Research, forecasts that the global market would reach $40,240 million by 2022 at a CAGR of 5.1% from 2016 to 2022. Human machine interface (HMI) and programmable logic control (PLC) segments collectively occupied almost two-thirds share in the global SCADA market, by components, in 2015. By applications, oil & gas and electrical power together occupied close to one-third share in the global SCADA market in 2015.

SCADA is an automated tool which can supervise, analyze, collect data and generate reports. The global SCADA market is expected to witness significant growth during the forecast period, owing to growing demand for safety, reduction in transmission losses, and integration with corporate IT by deploying SCADA data to cloud. However, factors such as increasing cyber-attacks and management issues with the data generated are likely to hold back the market growth.

By architecture, the service segment accounted for more than half of the share in the overall SCADA market in 2015. Programmable logic controller (PLC) is the second largest component segment used in the global SCADA market, as PLC is widely used in different verticals for the control of industrial machinery and installing processes. Recent product launches in the SCADA market such as control edge PLC, mobile app for SCADA controller, smart thermostats and others, have positively impacted the growth globally.

Growth in manufacturing and pharmaceutical sectors is expected to drive the growth of SCADA market. Industry sectors such as power, oil & gas and chemicals are using SCADA for safety and automation thereby driving the SCADA market globally. Together the three end-user industries accounted for almost half of the share in SCADA market in 2015.

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Key findings of the SCADA Market:

• Telecommunication is projected to be the second fastest growing segment, at a CAGR of 6.5%, in the global SCADA market
• By components, SCADA communication systems segment is anticipated to hold huge potential registering the CAGR of 5.5% during the forecast period
• North America is the largest regional market growing at a CAGR of 4.9% over the forecast period

The Asia Pacific and Latin America, Middle East and Africa (LAMEA) markets are expected to offer major growth opportunities during the forecast period. Increase in end-use applications such as telecommunication and manufacturing in Asia Pacific are the key factors for the growth of SCADA market, with major revenue contribution from China, South Korea, India and Taiwan. Africa and Latin America in LAMEA are projected to grow with CAGR of 4.9% and 4.6%, respectively. North America is the major consumer of SCADA due to its end-use industries such as power, oil & gas, chemical and pharmaceuticals.

The key companies profiled in this report are IBM Corp, Hitachi LTD, Alstom, Honeywell International, ABB LTD, JFE Engineering Corporation, Mitsubishi Electric Corporation, Emerson Electric Co., Rockwell Automation, and Schneider Electric.

Digital Signature Market is Expected to Reach $3,440 Million, Globally, by 2022

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Increase in need for securing data transfers through internet is one of the major driving factors of the industry. Furthermore, on-premises deployment facilitates data control, integrity, and security, which are essential in BFSI and government sectors. However, private cloud could replace the on-premises deployment, owing to its ease of availability and low costs. In addition, software and services in digital signature market are expected to witness significant growth during the study period.

Digital Signature Market Report, published by Allied Market Research, states that the global market size was valued at $517 million in 2015, and is expected to reach $3,440 million by 2022. The software segment is expected to dominate the global market during 2016-2022. The digital signature industry in North America accounted for 38% share of the global market in 2014, while the European market is expected to witness significant growth rate during the forecast period.

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Digital signature is a mathematical technique, which is used to prove the authenticity of an electronic document or message such as e-mails, word file, PDF, and others. Digital signature is used in enterprises to increase operational competency, reduce turnaround time, reduce upfront cost, and improve efficiency. Furthermore, increase in smartphone penetration, surge in online transactions for banking, e-commerce, and other activities, and aggrandized need for data security & authentication have fueled the market growth. However, resistance to adapt existing applications or systems to implement digital signature and high costs of investment hamper the market growth.

The cloud-based segment dominated the global digital signature industry in 2014, with around 66% share. However, the on-premises deployment is preferred among various international & national banking, financial institutions, and government organizations, which require complete control over data. However, the cloud based segment is anticipated to grow at the highest growth rate during the forecast period, owing to its ease of availability and low cost of deployment.

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The banking, financial services, & insurance (BFSI) and government segments jointly accounted for around 39% share of the total market revenue, while the BFSI segment is anticipated to grow at the highest CAGR of 31.5% during the forecast period. The government digital signature market is expected to grow at the second highest CAGR of 30.9% during the forecast period, owing to the introduction of various supportive legislations for adopting digital signature, reduction in extensive paper-ink usage, and surge in digitization, worldwide.

Key Findings of the Digital Signature Market:

• The software segment dominated the overall digital signature market, in terms of revenue, and is projected to grow at a CAGR of 30.7% during the forecast period.
• The cloud-based digital signature market dominated the global market in 2014, and is anticipated to grow at the highest CAGR from 2016 to 2022.
• The hardware segment generated the maximum revenue in 2014, and is anticipated to grow at a CAGR of 28.8%.
• The BFSI segment generated the highest revenue in 2014, and is estimated to maintain its dominance during the forecast period.
• In 2014, North America was the dominant region. Europe is projected to grow at the highest CAGR, with the UK market being the major contributor.