Photo Printing and Merchandise Market is Estimated Drive the Industry Growth Across World in Coming Year 2028

 According to a recent market report published by Future Market Insights, titled “Photo Printing and Merchandise Market: Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 – 2028,” the US$ 16.9 Bn photo printing and merchandise market is expected to register a CAGR of 2.6% through the forecast period. Emergence of 3D printing technology and elevating use of smartphone applications will however manage to sustain the market growth at a passive pace, through 2028.

The latest trends in the photo printing and merchandise market include Ecommerce companies focusing on offering online photo printing services and a majority of manufacturers focusing on introducing photo printing kiosk with enhanced connectivity features. While these trends are likely to uplift the market scenario slightly, the overall growth of the photo printing and merchandise market will reportedly remain sluggish throughout the projection period.

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Photo printing currently accounts for a major share of the total market revenue, owing to continued popularity of printed photographs among consumers. However, it is most likely that the photo printing segment will lose its market share to merchandise printing, predominantly attributed to bolstering demand for merchandise printing products such as mugs, pillows, cushions, photo books, and others. By the end of 2028, the revenue contribution through merchandise printing to the global photo printing and merchandise market value is anticipated to reach around 25%. The report projects merchandise segment to witness a steady CAGR of 4.4% over 2018-2028.

Furthermore, digital printing is expected to take over the film printing module, whereas mobile printing mode is foreseen to win a major market share over desktop printing. The market progression in this direct has been attributed to rapid digitalization that has been evidently impacting the industries worldwide, since the past decade. Regional analysis of the global photo printing and merchandise market reveals continued dominance of North America with more than 27% share of the market value. Decent growth prospects have been estimated for the market, in North America and Western Europe.

As indicated by the competition landscape assessment provided in the report, the tier 1 companies currently account for a majority revenue share of around 45%, followed by the share of around 40% contributed by tier 3 companies participating in the global market for photo printing and merchandise. The tier 2 players are responsible for generating nearly 15% share of the total market revenue. Key players are increasingly focusing on the growing demand for merchandise products and innovation in the photo printing technology.

The report highlights a few key developments in the market, including a recent launch of a process-free technology portfolio by the Eastman Kodak Company, which has been named as ‘KODAK SONORA UV Process Free Plate.’ This plate is capable of delivering longer run lengths (up to 30,000 impressions) compared to any other process-free plate, and offers a range of benefits of UV technology, flexibility, high print quality, and faster drying times. With this technology, the company has introduced a range of new applications, delivering more efficient, faster, and more sustainable results.

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About Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

OTT Content Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2028

 The emergence of the live streaming trend and virtual reality technology is a great opportunity for major players to develop innovative offerings in the OTT content market. An increase in the adoption of high speed broadband, along with the increasing demand for smartphones and smart televisions is contributing to the growth of the OTT content market. Players in the market are continuously upgrading their product portfolios to meet the increasing demands in the competitive global OTT content market.

The presence of multiple regional and global players has resulted in market fragmentation over the years, and vendors are focusing on differentiating their content and platform offerings to retain competitive edge. The impact of government regulations is moderate and the demand for regional content is comparatively high. New players are looking to partner with telecom providers and outsource OTT content while the main strategy of distributors is to source content from the different OTT players. As viewers demand the most trending content, distributors need to buy such content from content providers, which lets the content providers have an upper hand, hence limiting the bargaining power of distributors.

According to a market research report published by Future Market Insights (FMI), the global OTT content market is expected to foresee a strong CAGR of 17.4% from 2018 to 2028. In 2017, the market was worth US$ 44,391.0 Mn and is projected to rise to a valuation of US$ 245,814.4 Mn by the end of 2028.

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Proliferating Penetration of Mobile and Other Connected Devices to Push Market Revenue in the Coming Years

Smartphones and tablets have become the first go-to devices for communication and content consumption. Additionally, with the rapid adoption of 4G services in developing countries and the First World moving towards advanced telecommunications technologies, mobile Internet diffusion is anticipated to accelerate in the coming years. Optimal pricing of 4G enabled phones has led to increasing smartphone penetration in various regional consumer markets, leading to a surge in demand for OTT content.

At present, OTT content and related services are an attractive and feasible alternative to traditional entertainment channels. Growing preference for OTT content can be attributed to expanding content libraries and affordability relative to conventional TV subscriptions. For instance, subscription video on demand (SVOD) services led by Netflix, Amazon, and Hulu, are very popular among users owing to the affordable pricing structure.

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Limited Offline Availability May Create a Roadblock to Market Growth

A disruption in the Internet connection when a user or subscriber avails VoD services generally results in the re-streaming of the video. This can lead to user dissatisfaction caused by the loss of time and data in consuming the content. The content not being available offline for download further creates a poor customer experience. These factors may lead to restrictive adoption of OTT content services.

About Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Enterprise A2P SMS Market is Estimated Drive the Industry Growth Across World in Coming Year 2028

 The global market for enterprise A2P SMS is highly fragmented with the presence of a plethora of players striving to stay ahead in the game. The low scope of product differentiation is also intensifying the competition among the current players. This is also creating barriers for new players who want to venture into the market. According to the report, the leading service providers of enterprise A2P SMS are acquiring several small-scale vendors. The regional players are also strengthening their position in the market with extensive marketing activities, thus, pushing the market landscape towards consolidation in the near future.

The companies in the global enterprise A2P SMS market are adopting innovative approaches and leveraging emerging opportunities in this space. Latest insights reveal that the strategies applied by the market players does not follow a specific status quo. The strategies range from mergers and acquisitions to the adoption of new technologies, product launch, and market expansion.

In spite of the robust trend of online messaging apps, several consumers in the developing regions still employ SMS as their primary source of digital communication. According to the report, marketers are not oblivious to this fact and are thereby using A2P SMS services for boosting their marketing efforts and reaching out to a wider customer base. Not only are private organizations taking leverage of this service, governments across developing countries are using it to communicate key information regarding policies and regulations with their citizens.

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The growing pervasiveness of enterprise A2P SMS is the next generation of technological advances which will be one of the core points of interaction in both the B2B as well as B2C sectors. The growing demand for mobile business applications across the globe fuelled by the convergence of IP messaging and SMS solutions has triggered the adoption of enterprise A2P SMS, according to a recent market research study published by Future Market Insights. According to this report, the global market for enterprise A2P SMS is projected to be valued at US$ 100,103.5 Mn by the end of 2028 rising from a valuation of US$ 53,600.0 Mn in 2017. The market is likely to foresee a stable growth rate of 5.8% from 2018 to 2028.

Hybrid Cloud-based Messaging Platform and 2FA to Surface as a Principal Trend

Messaging solution providers in this market offer multi-channel cloud-based mobile marketing platforms for creating SMS campaigns and push messaging. This also allows marketers to send messages virtually to each mobile device utilising push notifications, email, SMS, outbound dialling, IP messaging, and social media channels. These solutions increased the scalability to marketers.

Companies offering these solutions include Vibes, mGage, Fastsms, LLC, and Mblox, Inc. On the other hand, SMS-powered two-factor authentication or 2FA is an effective and efficient tool that requires users to enter a password along with the short code delivered through SMS to a handset. This supplementary authentication method offers a more secure user experience and is poised to progress steadily over the years ahead.

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Spam Messages to Act as a Roadblock in Market Progression

Phishing, spam, spoof and malware transmitted via the mobile messaging system negatively impacts subscriber trust, weakens brand loyalty and intensifies the operating costs as well. Mobile spam affects the revenue and brand value of operators, advertisers, app developers, subscribers, and device manufacturers. According to analysts at Future Market Insights, this factor is expected to act as a major roadblock in the growth of the global enterprise A2P SMS market in the long run.

Automotive Infotainment SoCs Market Expectations & Growth Trends Highlighted Until 2028

 Future Market Insights (FMI) has published a new research report on automotive infotainment SoCs, titled, “Automotive Infotainment SoCs Market: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028).” The report presents an overall view of the global market in reference to the historical as well as future growth trajectory. The statistics and information on the present trends and scenario have also been mentioned in the study. According to the report, the global market for automotive infotainment SoCs is projected to exhibit a CAGR of 6.9% from 2018 to 2028. The market was worth US$ 9,035.0 Mn in 2017 and is expected to touch a valuation of US$ 18,485.9 Mn by the end of 2028.

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In order to stay competent in the market and also retain their position, the companies are looking forwards to make long-term contracts business partnerships with other leading companies in order to increase their business revenue and also come up with new innovation strategies or reaching out to new potential customers. A leading company operating in the market, Texas Instruments Incorporated, introduced two industry’s minutest gate driver and power MOSFET solutions for motor control. CSD88584/99 NexFET Power blocks and DRV832x brushless DC (BLDC) gate drivers, when used together, will reduce size and weight in motor drive application. The DRV832x BLDC gate drivers feature a smart gate drive architecture to 24 components traditionally used to set the gate drive current, and The CSD88584Q5DC and CSD88599Q5DC power blocks leverage two FETs in a unique stacked-die configuration. The other companies in the global automotive infotainment SoCs market are ON Semiconductor Corporation, NVIDIA Corporation, Renesas Electronics Corporation, Qualcomm Technologies, Inc., and Infineon Technologies AG., among several others.

Proliferating Technological Advancements in a Row to Augur Well for Market

The automobile industry is undergoing a Herculean digital makeover, as most of the leading automakers are financing considerable resources in the R&D of vehicle automation to meet the changing demands and to enhance the driving experience of customers. Next-generation automobiles include speech recognition, audio/video sensing, image compatibilities, GPS and radar capabilities, advanced driver assistance, next level security and safety, and IC-integrated LED front lighting. Infotainment system-on-chips have a crucial role in vehicle automation for driving automation, and this is used in automobiles to optimally incorporate various advanced features in vehicles. As a result, various automakers are adopting automotive infotainment system-on chips to provide optimal driving experience to their customers and thereby, encouraging the automotive infotainment SoCs demand.

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High Production Costs and Huge Gap in Technological Sophistication to Pose Threat to Market Growth

Adhering to the technological standards of infotainment SoCs is perplexing for most of the core vendors, with the various technological advancements and innovations in the automotive industry and semiconductors coming into view. Automotive infotainment SoCs manufacturers are unremittingly updating and innovating infotainment system-on-chip products in order to stay competitive in the market. However, high production costs of graphite and carbon fibers, silicon carbide, potting compound porous ceramics which comprise the price of substrates, fabrication, and others constitute one of the core dynamics, which are likely to restrain the growth of the global automotive infotainment SoCs market in the near future.

About Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Digital Phase Shifters Market to Hold Stellar Growth Prospects at CAGR of over 64.4% during 2018 – 2028

 Bolstering demand for digital phase shifters across various end-use industries, including telecommunication, aerospace and defense, weather forecast,  mobile, mobile broadband, Internet, satellite, and fixed broadband sector is believed to be a key factor driving the growth of global digital phase shifters market over upcoming years. In addition, constant advancements in information technology are expected to pump market growth over the next decade.

According to a recently published report on the global digital phase shifters, the market is estimated to attain the revenues worth US$ 9,873.4 Mn by the end of 2028, expanding at a CAGR of 64.4% over a 10-year forecast period, 2018-2028. The report by Future Market Insights, titled “Digital Phase Shifters Market: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028)” indicates exploding growth of the global market for digital phase shifters over the next decade, prominently due to the predictably enormous impact of 5G technology on the telecommunication sector, which will further fuel the demand for digital phase shifters worldwide.

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By region, North America is currently dominating others in terms of market value share, and is expected to remain the global leader throughout the forecast period. This sustained growth is attributed to the commercialization of space exploration and the humongous defense budget. This regional market will remain in the limelight in near future due to strong presence of US-based companies spearheading the telecom industry in terms of trials and deployment of the 5G technology. The report projects North America and Europe to remain the key regions in the global digital phase shifters market throughout the forecast period. Asia Pacific, Middle East & Africa and Latin America are expected to be the emerging markets as the large population in these areas will increase the pressure on the existing telecommunication infrastructure, which in turn, will lead to an increase in demand for global digital phase shifters. However, the research indicates a strong possibility of the shift of the entire digital phase shifters market from the saturated markets of North America and Western Europe to less developed, emerging economies such as MEA and SEAP.

Other key market segments include 4-Bits, 5-Bits, 6-Bits, 8-Bits, and others based on number of bits; and – 10.99GHz, 11 – 20.99GHz, and 21GHz and above based on the frequency range. While the market expects to witness highest growth of 8-bits segment in terms of the number of bits, 21GHz and above segment is projected to witness the highest CAGR value by frequency range.

Some of the key players operating in the global digital phase shifters market include Analog Devices, Inc., Murata Manufacturing Co., Ltd., MACOM, Qorvo, Inc., Astra Microwave Products Limited, Planar Monolithics Industries, L3 Narda-MITEQ, Pulsar Microwave Corporation, Pasternack Enterprises, Inc., Mercury Systems, Inc., and SAGE Millimeter, Inc. Designing bespoke solutions targeted at specific needs of various applications in different end-use industries will be the key strategy among leading companies in the global marketplace.

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About Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

RFID Printers Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2028

 RFID (Radio Frequency Identification) labels are widely used, especially in the retail sector. The growth is a result of increase in the rate of adoption of the RFID printing technology with the help of special RFID printers. The global market for RFID printers is expected to prosper in the upcoming few years, with the rise in dependency of various end-use sectors, on RFID labels. As per the forecast provided by a new research report published by Future Market Insights titled ‘RFID Printers Market: Global Market Analysis (2013-2017) and Opportunity Assessment (2018-2028),’ the global RFID printers market is expected to reach a market value of over US$ 2,500 Mn by the end of 2028, witnessing a robust CAGR of 8.2% during the forecast period.

RFID Printers Market: Retail Industry to Lead the Market

The global RFID printers market is expected to rise at a robust rate, due to a clear indication of the forecast towards growing dependency of industries on RFID tags. An increasing demand for adoption of RFID tags is witnessed across several industries, such as banking and healthcare, for tracking finances and products. Increasing demand for RFID tags is associated with the benefits accompanied by them, such as relatively cheaper in cost as it does not have silicon chip and does not require any maintenance, its application in banking card and e-Passport, etc. According to the market research by FMI, retail industry is expected to hold a maximum value share in the global RFID market and is also expected to proliferate in the coming years, witnessing an exponential CAGR of 9.0% during the forecast period. The market is also anticipated to have better growth prospects and grow at a higher rate in China compared to other regions in the world.

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RFID Printers Market: Key Trends

Rising adoption of RFID printing and advancements in printed electronics are helping RFID developers to create thin and flexible RFID tags. These tags can be integrated with printed sensors, thin-film photovoltaic solar cells, and other technologies. Moreover, rising usage of electronic printing and ink technologies is aiding RFID vendors to print their own chip-less RFID tags on site as per the requirements. Several key players in the global market are working on 3D printing technology for enterprises to directly print RFID tags on/in products. Furthermore, the advent of technology will reportedly result in introduction of RFID laser printing technology in near future. Companies have been focusing on offering enhanced, cost-effective solutions via RFID printers; moreover, more such efforts have been resulting in the introduction of RFID laser printing technology to eventually offer an enhanced print output to the end-user. Besides quality, the technology also boosts printing speed of the printer, increases the product life, and lowers the overall operational and maintenance cost of the RFID printer.

RFID Printers Market: Competitive Landscape

This all-inclusive report highlights the key players of the market that have been standing strong and competing efficiently in the global market. Some of these leading companies included in the report are Honeywell International, SATO Holdings, Toshiba Tec Corporation, Avery Dennsion Corporation, Lexmark, and GODEX INTERNATIONAL. The coming years are expected to reveal more innovation by companies in the global RFID printers market in order to form a strong marketing strategy.

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About Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Social Employee Recognition Systems Market Outlook Cover New Business Strategy with Upcoming Opportunity 2028

 Future Market Insights (FMI) has published a new market research report on social employee recognition systems. The report has been titled, “Global Social Employee Recognition Systems Market: Global Industry Analysis (2013-2017) and Forecast (2018-2028).” Long-term contracts with large enterprises and private companies are likely to aid the expansion of business revenues, and innovation in the industry will enable social employee recognition system vendors to reach out to new potential customers in emerging markets. These factors are expected to help the global market for social employee recognition systems observe stellar growth in next few years.

“The global social employee recognition systems market is expected to witness an outstanding CAGR of 15.7% from 2018 to 2028. The US$ 5.8 Bn market is projected to reach beyond US$ 29 Bn by the end of 2028,” admits a research analyst at Future Market Insights.

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Social employee recognition system vendors can put emphasis on expanding their businesses across developing countries in MEA, SEA, and APAC. These regional markets have been steadily adopting a range of modern employee engagement and retention systems/programs. New players venturing into the social employee recognition systems market are most likely to focus on entering into partnerships and collaborations with established players. This will help them understand the demand pattern and supply chain scenario, in order to gain an attractive customer base and thereby, generate higher revenues.

The companies are also focusing on product development and innovation in order to retain their positions in the market. In March 2018, Salesforce launched a simplified software aimed at small businesses. This new software, called ‘Essentials‘, is a sales and customer service software that has been tailored specifically for small businesses. Salesforce is currently targeting small businesses by launching new, powerful, promising tools at affordable prices. The other leading companies operating in the global social employee recognition systems market are Globoforce Ltd., REFFIND Ltd., Achievers Solutions Inc., Kudos, Inc., Madison Performance Group, and Recognize Services, Inc.

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Adoption by Enterprises to Rise in an Effort to Access Multiple Benefits

The deployment of social employee recognition systems results in augmented employee satisfaction, eventually resulting in improved performance and enhanced productivity. Moreover, social recognition on a professionally used system uplifts professional profiles of employees to a great extent. Organisations thus tend to opt for deploying social employee recognition systems for maintaining high employee withhold rates and high revenues. Social media platforms that are specifically used by working professionals and businesses, including Twitter and LinkedIn, are also being widely used to recognize employee efforts and engage with the employee apart from engaging in promotional and marketing activities. Companies also advertise new product launches and details regarding product discounts, and new strategies and plans for future growth of employees in order to drive sales and surge brand loyalty online. Companies also connect with their business partners via these social portals and platforms on a real-time basis.

Emerging Challenges in Keeping Employees Engaged to Inhibit Market Growth

According to the research findings included in the report, social employee recognition programmes can only be successful in an organization when it includes employees at all stages. It is a difficult task to include and motivate employees operating remotely such as salespersons and marketing staff. Companies generally implement social employee recognition solutions for employees working within the premises, due to which, employees working remotely are unable to participate in such programmes.

About Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Enterprise Asset Management Market: US$ 4 Bn Opportunity Poised for On-premise Deployment

 Future Market Insights has recently published a market research report titled “Enterprise Asset Management Market – Global Industry Analysis 2014 – 2018 and Opportunity Assessment 2019 – 2029.” Growth of Artificial Intelligence (AI) and drone-based enterprise solutions are among factors driving the enterprise asset management market. AI helps improve data handling to make better decisions.

Asset visibility is an important factor for implementing the EAM system that gives accurate information on the identities, materials, and supplies. Effective asset management helps control or eliminate overstocking and stockpiling, as well as helps reduce fixed capital investments. EAM software offers more robust analytical systems for managing assets, preventative maintenance, and workflow analysis.

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EAM Is Rapidly Integrating with IoT

The growing deployment of IoT in smartphones and laptops is increasing the usage of IoT-based applications. The integration of IoT with EAM provides the identification of performance and control modifications. IoT applications allow better asset utilisation tracking and better data management, as well as streamline data in a manner in which asset lifecycle and maintenance can be analysed. Integrating EAM systems and IoT enable companies to identify problems with their assets. The integration of IoT with EAM solutions is expected to play an important role in the development of smart cities. Smart cities monitor the conditions of the all the critical infrastructure.

Due to the increasing demand for ensuring asset performance and advanced environmental sustainability, companies are focusing on asset-intensive platforms to constantly track, assess, and manage reliability and technological & human assets. For the use of asset-intensive systems to offer efficient data management and better asset utilisation, the global enterprise asset management market is likely to record an approximate incremental opportunity of US$ 5,500 Mn during the forecast period of 2019 to 2029.

In the global enterprise asset management report, FMI has segregated the global enterprise asset management market by deployment, by component, by industry verticals, and by region. With regards to component, the global enterprise asset management market is segmented into software and services. Due to the positive outlook towards the escalating demand for next-generation tracking solutions, cloud-based deployment is estimated to generate potential growth opportunities for the enterprise asset management software providers. Furthermore, the software sub-segment is also expected to witness a high CAGR during the forecast period. This growth can be attributed to the wide adoption of these devices in IoT applications to reduce errors.

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Hybrid Cloud Resilience to Attract Revenues through On-premise Deployment

With regards to deployment, the global enterprise asset management market is segmented into on-premise and cloud. Owing to the robust adoption and penetration of cloud-based systems, the cloud-based segment is expected to create potential business opportunities for the enterprise asset management market. The on-premise sub-segment is also expected to create an approximate market opportunity of US$ 4,200 Mn between 2019 and 2029. On-premise is termed as scalable, reliable, and resilient for hybrid cloud solutions. Owing to these factors, the cloud-based sub-segment will be a target area for the developers of asset maintenance applications.

Furthermore, on the basis of industry vertical, the enterprise asset management market is segmented into healthcare, manufacturing, oil & gas, banking & finance, government, and others. Spending on new & innovative advanced technologies during the adoption of cloud-based systems is expected to increase between 2019 and 2029.

In addition, with respect to geography, the enterprise asset management market in North America is projected to be a prominent player in the global enterprise asset management market owing to the advent of next-gen technological advancements in Canada and the U.S. The enterprise asset management market is estimated to generate high potential in South Asia, especially in the Chinese market. This growth potential can be attributed to the major ICT technology-based advancements in the South Asian countries. Moreover, the adoption of IoT-enabled EAM solutions is increasing in Latin America owing to free trade agreements between some countries in the region.

The report has tracked strategic profiles of some of the key players operating in the global enterprise asset management industry, including IBM Corporation, SAP SE, Oracle Corporation, Schneider electric, ABB, and Infor, among others.

Cyber Physical Systems Market Expectations & Growth Trends Highlighted Until 2028

 Future Market Insights (FMI) has published a new market research report on cyber-physical systems. The report has been titled “Cyber-Physical System Market: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028).” With the lowering prices of devices such as sensors, several medium and small scale manufacturers and plant owners are shifting their focus towards the deployment of cyber-physical systems in order to convert them into smart factories. These type of cyber-physical systems not only help in eliminating errors that occur due to human intervention but also decrease the overall operational and production costs of a plant.

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It is always wise to invest in the latest technology instead of being a laggard in terms of technology adoption. Both developed and developing countries are adopting smart technologies to enable a seamless work experience. With this, the demand for cyber-physical systems is also gaining traction across the globe, thereby compelling service providers and vendors to collaborate with solution providers and integrate various communication platforms in order to push the implementation of cyber-physical systems. The core strategies that several cyber-physical system providers are implementing are investment in research and development and partnerships with research organizations for product development. Some of the companies operating in the global cyber-physical system market are Dell EMC, Hewlett Packard Enterprises, IBM Corporation, VMware Inc., SAP SE, Schneider Electric, and Oracle.

According to the report, the global cyber-physical system market is expected to witness a CAGR of 8.7% during the period 2018 – 2028. The market was worth US$ 55,075.3 Mn in 2017 and is likely to reach a valuation of US$ 137,566.0 Mn by the end of 2028.

Decreasing Prices of Networking and Sensors to Boost Adoption

The principal components of a cyber-physical system are storage units, sensors, computing unit, software, and actuators. The declining prices of sensors reduce the overall cost associated with the system, which makes it achievable for small- and medium-sized enterprises. This in turn drives the adoption and application of cyber-physical systems across various industries. Furthermore, the growing economy of several developing economies is benefiting the adoption of cyber-physical systems across the globe. The average household income of developing countries such as India, China, and Brazil among others is anticipated to increase significantly in the coming years. This will shoot up the demand and adoption of new technologically advanced systems such as IoT and CPS, as these nations have witnessed a transition in their spending behavior, and have shown positive adaptability towards such systems for an enhanced end user experience. The swelling economic growth of several developing countries is expected to drive the global cyber-physical system market.

Data Breaches and Security Threats to Obstruct Market Growth

The core factor limiting the growth and adoption of cyber-physical systems is the dearth of security associated with these systems. As any type of system is linked with the cloud, it becomes susceptible to cyber-attacks and data breaches. Moreover, the change from a closed system to an open system has further made way for this risk. As the application of cyber-physical systems is in industries such as manufacturing, healthcare, and automotive, among others, it comprises valuable data and information that could lead to a catastrophe under a data attack. Consequently, with the threat of compromising critical data, many industries are hesitant in adopting cyber-physical systems. This can restrain market growth to a certain extent.

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About Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Fiber To The Home Market Assessment and Key Insights Analyzed Till 2027

 A new research publication titled “Fibre to the Home Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” devised by Future Market Insights reveals various aspects such as trends, growth drivers, opportunities, challenges, developments etc., across key regions in the globe. A weighted market segmentation is carried out to explore every angle of the global fibre to the home market from which actionable intelligence is derived.

Global Fibre to the Home Market: Dynamics Impacting Growth

Growth of smart homes and gadgets, rising awareness regarding various advantages offered by fibre optics, favourable government initiatives in several regions, increasing adoption of environment friendly solutions (fibre connection emits less carbon footprint), rising demand for entertainment sources for residential applications, increasing demand for FTTH in schools, hospitals, government buildings and libraries, emergence of teleworking, rising demand for high speed internet, rising construction in emerging economies, increasing investments in the telecom sector, increasing internet users, rising demand for enhanced internet infrastructure and high immunity of fibre cabling are expected to drive the growth of the global fibre to the home market in the years to come. High initial cost of installation, its vulnerability to physical damage, threat of substitutes and stringent regulations on the pricing of FTTH are the main challenges faced by the fibre to the home market.

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Global Fibre to the Home Market: Key Forecast Highlights

According to this research report, the global fibre to the home market is expected to reach a significant value and is poised to grow at a high 14.4% CAGR throughout the period of forecast. From a value of US$ 9.5 Bn in 2017, the global fibre to the home market is estimated to reach a valuation of more than US$ 37 Bn by the end of 2027.

Global Fibre to the Home Market: Segmental Analysis

The global fibre to the home market is segmented by use cases, download speed and by region.

• By download speed, the 100 Mbps to 1 Gbps segment is expected to dominate the global market with a high valuation of US$ 11,667.7 Mn by 2027 end. Also, 50 to 100 Mbps segment reflects high potential as it is the second largest region and is expected to grow at the highest rate to register a CAGR of 8.8% throughout the period of forecast
• By region, Asia Pacific excluding Japan (APEJ) region is expected to be highly lucrative for the growth of fibre to the home market. The fibre to the home market in APEJ is expected to grow at the highest rate to register a stellar 18.4% CAGR and it is estimated to reach a value more than US$ 10 Bn by the end of the forecast period, thus dominating the market in the coming years
• By use cases, internet TV segment is expected to grow at a significant 14.2% CAGR to reach a market value little higher than US$ 7 Bn by the end of the assessment year. VOIP segment is anticipated to be the second largest in terms of value

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Global Fibre to the Home Market: Competitive Scenario

The research report on global fibre to the home market covers detailed analysis on various key players operating in the market. Key intelligence on these players includes SWOT analysis, product portfolio, developments, expansion plans, strategies, geographical reach, mergers and acquisitions etc. Major companies profiled in this extensive research study are China Telecom, China Mobile Ltd., Verizon Communications Inc., AT&T Inc., Vodafone Group Plc., Nippon Telegraph & Telephone Corporation and Softbank Group Corp

Non Agriculture Smart Irrigation Controllers Market Assessment and Key Insights Analyzed Till 2027

 An Internet boom fuelled by cheap smartphones and improving LTE infrastructure have a direct impact on the non-agriculture smart irrigation controllers market as the products in the latter are often linked to the cloud. Furthermore, IoT and push towards ‘smart homes’ should benefit the non-agriculture smart irrigation controllers market that Future Market Insights has studied in its report ‘Non-Agriculture Smart Irrigation Controllers Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment  2017 – 2027’. The non-agriculture smart irrigation controllers market is anticipated to be worth just under US$ 700 million by end 2027.

Region – North America Dominates Non-Agriculture Smart Irrigation Controllers Market

North America accounts for approx. half the global non-agriculture smart irrigation controllers market in 2017 and is expected to gain a massive 320 BPS over the duration of the decade. A large number of citizens in the US and Canada express an interest in IoT devices as the necessary infrastructure to install and deploy smart irrigation controllers is already in place. A survey conducted by PlumChoice – a provider of IoT technical service – showed that 79% of American consumers owned one smart gadget.

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Type – Standalone Controllers Key in Non-Agriculture Smart Irrigation Controllers Market

Immense potential exists in the standalone controller segment of the non-agriculture smart irrigation controllers market and companies would do well to take this into account. The standalone controller segment has a market attractiveness index of 5 and could generate a revenue of more than US$ 90 million in 2017 alone. Standalone controllers are predicted to witness steady growth over the course of the forecast period. However, a higher CAGR is expected in smart home controller segment allowing it to gain substantial BPS.

Application – Double Digit Jump in Residential Segment Share Makes it Lucrative Prospect

The residential segment is currently languishing in third place in the non-agriculture smart irrigation controllers market by application. Nonetheless, future prospects for this segment are bright as it is poised to record a double-digit spike in percentage terms, propelling it into pole position in the non-agriculture smart irrigation controllers market. The residential segment is estimated to record an exponential CAGR of 18.7% from 2017 to 2027 – considerably higher than the commercial and golf course segments in the non-agriculture smart irrigation controllers market.

Competition Dashboard in the Non-Agriculture Smart Irrigation Controllers Market

Future Market Insights has profiled companies actively involved in the non-agriculture smart irrigation controllers market. A few of them are Hunter Industries, The Toro Company, Skydrop, Scotts Miracle-Gro, GreenIQ LTD, Galcon, Rachio, Rain Bird Corporation, HydroPoint Data Systems, Weathermatic, Calsense, Orbit Irrigation Products, and KGControls LLC.

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Takeaways

Most companies in the non-agriculture smart irrigation controllers market have been involved in the manufacturing and marketing of traditional agricultural equipment and have minimal experience in smart devices. No company currently has a portfolio that covers all products and thus, companies that forge alliances or acquire start-ups offering smart home irrigation devices may gain a competitive edge in the non-agriculture smart irrigation controllers market. In addition to this, non-agriculture smart irrigation controller manufacturers will have to add a greater number of connectivity options as all devices have similar irrigation functionality.

Service Bureau Market Assessment and Key Insights Analyzed Till 2027

 Future Market Insights presents an in-depth forecast of the global service bureau market in a new publication titled ‘Service Bureau Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017-2027).’ Through this publication, Future Market Insights presents a comprehensive analysis of the global service bureau market for a 10 year assessment period from 2017 to 2027. Future Market Insights forecasts revenue from the global service bureau market to increase from US$ 50,690.6 Mn in 2017 to US$ 97,042.4 Mn by 2027 end, representing a CAGR of 6.7% in terms of value from 2017 to 2027. This increasing revenue growth can be attributed to continuous launch of new services in the global market.

Global Service Bureau Market: Dynamics

• Revenue boosting factors
  • Diverse business problems necessitating the deployment of service bureaus
  • Increasing trend of outsourcing services
  • Ensuring data safety from disasters
• Market growth restraints
  • Competitive bidding
  • Increasing amount of paper based business data
  • Errors in indexing thereby complicating document retrieval
• Market opportunities
  • Emergence of cloud computing
• Key market trends
  • Increasing digitalisation
  • Changing business priorities and dynamics

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Differentiating Strategies of Key Players

• New innovations in products is expected to remain as the main strategy for key players in this market to increase their sales growth
• Long-term contracts with business partners helps increase business revenue and new innovation strategy enabling service bureau solution vendors to reach new potential customers in emerging markets

Future Market Insights Recommendations

• Evaluation of managed service concepts is helping users focus on their business rather than focussing on document storage and safety
• Increasing service bureau concept in various developing countries is creating opportunities for scanning and printing hardware providers for maintaining an effective value chain
• Service bureaus can focus on expanding their businesses across countries such as India and Australia, where the governments are offering investment opportunities and where setting up business is less costly
• Service bureau services are expected to witness substantially high demand due to the presence of large corporations that are working to gain opportunities to enter in the competitive market

Global Service Bureau Market: Segmentation & Forecast

The global service bureau market is segmented on the basis of Services into Document Scanning, Photocopying, Others (Printing & Fax); on the basis of End User into Government, Education, BFSI, Healthcare, Law Firms, Others (Retail & Telecommunication); and on the basis of Region into North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, MEA.

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• By Services, the Document Scanning segment is expected to dominate the global service bureau market over the forecast period, estimated to be valued at about US$ 19 Bn by the end of 2017.
• On the basis of End User, the Government segment is projected to be the most attractive in the global service bureau market during the forecast period, registering a CAGR of 5.6% during the forecast period. The BFSI segment is expected to register high Y-o-Y growth rates throughout the forecast period and is expected to expand at a CAGR of 6% in terms of value during the forecast period.
• Among the Regional markets, North America is expected to dominate the global service bureau market, with an estimated market revenue to the tune of about US$ 15 Bn by the end of 2017. The market in North America is anticipated to exhibit high market attractiveness index over the forecast period.

Global Service Bureau Market: Vendor Landscape

The report features company profiles of some of the key players operating in the global service bureau market such as Iron Mountain Incorporated, Hyland Software, Inc., Rhenus Office Systems GmbH, Kofax, Inc., OSG Record Management, Infofort, and zLibro, Inc.