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Desktop Calculator Market Demand & Future Scope Including Top Players by 2028

Persistence Market Research has recently published a market research report entitled “Desktop Calculators Market – Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.”

Previously, desktop calculators were used to perform simple arithmetic and other mathematical calculations such as addition, subtraction, multiplication and division.

Today’s desktop calculators are used to perform many common scientific calculations such as computation of powers, financial problems of statistics, square-roots and logarithms. In the recent few years, the global desktop calculator market has endorsed significantly owing to formidable changes in the field of technology which allows almost everyone to make use of a calculator.

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Technology is playing an important role in the electronics market owing to which the several new features have been in desktop calculators which facilitates ease of usability and more accuracy. Moreover, the progressive features of desktop calculators and its applications in various areas are also encouraging growth for the desktop calculators market.

Different types of desktop calculators have been in use across small and large retail sectors, banks and financial institutions, accounting firms and hospitals. Moreover, to curtail the complexity of solving problems and capacity to run on solar energy are the factors which are inciting the growth of the desktop calculator market.

The global desktop calculators market is likely to record a total incremental opportunity of US$ 430.1 Mn during the forecasted period of 2018 to 2028. In the desktop calculator market report, Persistence Market Research has segmented the desktop calculator market by type, end-use, and region. The products categorised under the type sub-segment of the desktop calculators market provides a very particular and systematic identification of the different standards of desktop calculators available.

The desktop calculators market in East Asia and Europe are expected to reach maturity during the forecast period owing to the early adoption of advanced technologies pertaining to desktop calculators. Moreover, the upsurge of a significant number of airports, government offices, private offices, and malls in these regions is accelerating growth for the desktop calculators market.

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The desktop calculators market in Latin America and South Asia are expected to witness growth with a significant CAGR during the forecasted period owing to the rapidly growing economical activities within these regions. Moreover, the digitization in technology is the primary factor which is driving the growth for the desktop calculators market. Also the contrasting number of different desktop calculators being used in several sectors such as small and large retail sectors, banking and financial institutions, accounting firms and hospitals and others.

All of these circumstances are creating modest growth opportunities for the global desktop calculators market. The companies involved in the commerce for desktop calculators are expected to penetrate faster in the desktop calculators market in Latin America and Middle East & Africa in the near future owing to increasing urbanization and increasing infrastructure spending in these regions.

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On the other hand, the increasing number of airports, educational institutes, private offices, malls, and transportation stations are also factors that are expected to positively influence the growth of the desktop calculators market during the forecasted period.

Some of the key players in the global desktop calculators market research report include,

  • Lyreco
  • Casio Computer Co. Ltd.
  • Texas Instruments Incorporated
  • Canon USA Inc.
  • Citizen Systems 
  • Sunway Electronics Company
  • Ultmost Technology Group
  • Hewlett Packard Development Company
  • Orpat Group
  • Flair Calculators
  • Liquidware Labs, Inc.
  • Sharp Electronics Corporation
  • Claro Calculators
  • Desmos 

These players are expected to certainly influence growth for the desktop calculators market during the forecast period by endorsing innovative strategies and launching new products.

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Growing Adoption Across End-Use to Fuel Sales of Lora Gateway Module Market During 2018 – 2028

Persistence Market Research has recently published a market research report titled “LoRa Gateway Module Market – Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.”

The application segment is further segmented into industrial automation, home automation, smart agriculture, smart city, asset tracking, and others. Moreover, the rapid adoption of LoRa gateway modules in various industries, which include manufacturing, energy & utilities, automotive, and healthcare, is expected to drive the LoRa gateway module market

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Increasing Industrial Automation to Push LoRa Gateway Module Adoption

The rapid expansion of IoT and growth in the demand for smart devices are among factors driving the LoRa gateway module (long range wireless network technology) market. Moreover, the adoption of advanced and innovative technologies pertaining to LoRa gateway modules is expected to create potential growth opportunities for the LoRa gateway module market during the forecast period.

Increasing penetration of IoT is boosting awareness about the advantages associated with the implementation of the same among end-users, which, as a result, is expected to positively impact the LoRa gateway module market. Moreover, the expanding cellular IoT and increasing advent of 5G are also among factors boosting the demand for LoRa gateway modules. In addition, the increasing number of smart city projects and the increasing penetration of smart devices are driving the LoRa gateway module market.

The adoption of LoRa gateway modules in the manufacturing industry is increasing due to the increasing demand for automation in manufacturing industries and the rising trend of Industry 4.0. Continuous investments by various countries in the automation of industrial infrastructure and the fulfilment of the current connectivity solutions for industries have encouraged vendors around the globe to focus on offering cellular connectivity with completely new concepts provided by new providers and alliances, which include LoRa. The demand for LoRa gateway module is thus observing a constant rise at a rapid pace, particularly across the manufacturing industry sectors.

The global LoRa gateway module market is likely to record a total incremental opportunity of more than US$ 3 billion during the forecast period of 2018 to 2028. In the global LoRa gateway module market report, Persistence Market Research has segmented the global LoRa gateway module market by application, industry, and region.

Regional Outlook: LoRa Gateway Module Market

North America and Europe are among the largest markets in the global LoRa gateway module market owing to the presence of various key players and the early adoption of advanced technologies pertaining to LoRa gateway modules. Moreover, the rapid expansion of the IoT market and high government spending for LoRa technology are also among factors propelling the LoRa gateway module market.

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The LoRa gateway module markets in East Asia and South Asia are expected to witness growth with a significant CAGR during the forecast period owing to the rising penetration of smart devices and increasing digitalization in various countries of the region. Furthermore, the increasing adoption of advanced technologies for smart agriculture and smart city applications is creating potential growth opportunities for the LoRa gateway module market.

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Moreover, a continuous increase in the number of companies providing LoRa gateway modules and technology in the countries of East and South Asia is expected to positively influence the growth of the LoRa gateway module market during the forecast period.

Competition Landscape – LoRa Gateway Module Market

Some of the key players covered in the global LoRa gateway module market research report include

  • Guangdong Dapu Communication Technology Co., Ltd.
  • HOPE Microelectronics CO., Ltd.
  • Embit s.r.l.
  • IMST GmbH
  • LINK LABS
  • Libelium Comunicaciones Distribuidas S.L
  • Laird Technologies
  • Multi-Tech Systems, Inc.
  • Murata Manufacturing Co.
  • Microchip Technology Inc.
  • Nemeus
  • GlobalSat WorldCom Corporation

These LoRa gateway module providers are continuously focusing on offering advanced products and following the strategy of entering into partnerships and collaborations with M2M and IoT device providers to offer advanced LoRa gateway modules and to reach new growth markets in the next few years.

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Global Nb Iot Chipse Market to Exhibit Considerable Growth in Demand During 2018 – 2028

The global NB-IoT chipset market is expected to register a global CAGR of 40.8% during 2018 – 2028, with Western Europe and North America in conjunction accounting for approximately 30% market value shares by the end of the forecast period.

PMR delivers key insights on the global NB-IoT chipset market in its report titled “NB-IoT chipset Market: Global Industry Analysis 2015 – 2017 and Opportunity Assessment 2018 – 2028.” The global NB-IoT chipset market is expected to be highly attractive in terms of incremental opportunity owing to the high CAGR associated with the market value. On the basis of the deployment model, the in-band segment is expected to register attractive growth over the forecast period in the global NB-IoT chipset market. Moreover, the same segment is also expected to dominate the global NB-IoT chipset market in terms of value throughout the forecast period.

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On the basis of device, the trackers segment is expected to witness growth in terms of value during the forecast period in the global NB-IoT chipset market. Based on the industry vertical, the infrastructure & building automation and automotive & transportation segments are estimated to hold a considerable share in 2018 in terms of market share in the global NB-IoT chipset market.

The global annual revenue from NB-IoT chipsets was valued at US$ 4,832.1 Mn by the end of 2017, which is expected to grow at a significant pace over the coming years. With the progression of time, a declining y-o-y growth trend is expected in the latter half of the forecast period. The dominating regions, i.e., North America, China, SEA & Other of APAC, and Western Europe, are expected to collectively account for a majority share of the global NB-IoT chipset market. The North America NB-IoT chipset market, the APAC (including China and Japan) NB-IoT chipset market, and the Western Europe NB-IoT chipset market are likely to dominate the global NB-IoT chipset market over the forecast period.

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As NB-IoT technology enables a connected devices M2M environment across different regions even in the absence of efficient internet connectivity, a high demand for the same has been witnessed from end-users, especially across developing countries. This, as a result, is boosting the number of initiatives for the implementation of an NB-IoT networks and the adoption of NB-IoT chipsets in the ecosystem. Owing to the aforementioned factors, various initiatives have been undertaken by the governments of various developing regions/countries to enable an NB-IoT network with the help of NB-IoT chipsets and modules. Thus, the global NB-IoT chipsets market is expected to witness a significantly high CAGR during the forecast period. As NB-IoT is a sub-segment of cellular IoT, it is also expected to drive the cellular IoT market in terms of value. When segmented in terms of chipsets and modules, NB-IoT chipsets are expected to hold the maximum market share in the global cellular IoT market. Since the inception of NB-IoT chipsets, high investments for the development of an infrastructure that enables the implementation of NB-IoT networks has been witnessed in the global market. Among all the applications, the maximum adoption of NB-IoT chipsets is witnessed for smart meters. Besides smart meters, a significant adoption of NB-IoT chipsets has been witnessed for security purposes, for enabling smart cities, and for smart parking systems. Various regions & countries, such as India and Western European countries, are investing heavily in agriculture, and have adopted NB-IoT chipsets for enabling smart irrigation systems.

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According to PMR analysis, due to the growth opportunities associated with the global NB-IoT chipsets market and the presence of moderate number of NB-IoT chipset manufacturers in the region, various semiconductor vendors are focusing on stepping into the global NB-IoT chipsets market in collaboration with various solutions and service providers. Examples of some of the market participants in the global NB-IoT chipset market report are

  • Huawei Technologies Co. Ltd. 
  • Ericsson 
  • Vodafone Group PLC 
  • Qualcomm 
  • Intel Corporation 
  • Mistbase Communication System 
  • Samsung Electronics 
  • Verizon Communications 
  • Nokia 
  • U-Blox Holding AG 
  • Commsolid GmbH 
  • Sequans Communications S.A.
  • Others.

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Tape Storage Market Recent Developments, Major Regions, Top Players, Opportunities in Future

Persistence Market Research (PMR) recently published a market study titled “Tape Storage Market – Global Industry Analysis 2013-2017 and Forecast 2018-2026.” Tape storage technology finds common applications in small, medium, and large enterprises for the purpose of data back-up and data archiving. Tape storage equipment facilitates the back-up and archival of enterprise-grade digital data on a high-capacity magnetic tape. The tape storage technology is based on the traditional concept of digital information storage. The technology is well-suited for enterprise-grade digital data archival owing to features such as high data storage capacity, low procurement expenditure & power consumption, and long-term durability. In the tape storage market, several established vendors are offering specialized tape storage for different end-user verticals, such as government & defense, oil & gas, healthcare, research & academia, media & entertainment, BFSI, and IT & telecommunication.

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The global tape storage market was valued at US$ 5,799.4 Mn in 2017. By the end of the forecast year 2026, the global tape storage market is expected to reach a market value of US$ 6,527.2 Mn. In the global tape storage market report, Persistence Market Research has segregated the global tape storage market by technology, by end user, by industry, by component, and by region. By technology, the global tape storage market can be segregated into SDLT, DLT IV, DDS-1, DDS-2, DDS-3, DDS-4, LTO-1 to LTO-5, LTO-6, LTO-7, and LTO-8. These tape storage technologies prevent the information stored on the tapes from falling prey to cyber-attacks as they are not connected to the network infrastructure of the enterprise. Tape cartridge and tape drive roadmaps are expected to continue the trend of supporting capacity doubling upgrades in a 24-month to 30-month cycle for 2+ generations in the tape storage market. Owing to these factors, LTO-7 and LTO-8 technology formats of tape storage are estimated to record growth rates of 2.0% and 7.9% respectively during the forecast period.

Based on end users, the global tape storage market is sub-segmented into enterprises, data centers, cloud providers, among other tape storage end users. The enterprise sub-segment is further classified into large enterprises and small & medium enterprises. As compared to the adoption rate expected from SMEs, large enterprises are estimated to record a larger market share by the end of the forecast period. The continuous rise in enterprise-grade digital data volumes and high digital data storage capacities offered by tape storage technology are estimated to be the primary drivers of the global tape storage market.

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Geographically, the tape storage market in North America is estimated to continue holding the largest market share of the global tape storage market by the end of the forecast year 2026 due to the high adoption of next-generation tape storage technologies in the region, especially in the U.S. The tape storage market in the Southeast Asia and Others of Asia Pacific region is expected to hold the second largest share of the tape storage market and is estimated to be the target market for established market players.

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According to PMR analysis, various motion picture production organizations are recording their footage media on tape to minimize expensive failures with flash drives as well as hard disks. Scientific research organizations leverage the back-up speeds and capacity of tape storage equipment to store the mass-produced data generated in a few microseconds. The oil and gas industry has been using the tape storage technology for several years for the storage and transportation of valuable data. Tape storage is an appropriate choice as it makes the transportation of data possible as processes such as oil exploration occur “out on the field” outside the data center. Some of the key market participants in the global tape storage market report are

  • Dell Inc.
  • Fujifilm Holdings Corporation
  • Hewlett Packard Enterprise Development LP
  • IBM Corporation
  • Lenovo
  • Oracle
  • Overland Storage
  • Qualstar Corporation
  • Quantum Corporation
  • Seagate Technology PLC
  • Sony Corporation
  • Spectra Logic Corporation
  • Others.

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Prison Management Systems Market to Exhibit Rapid Surge in Consumption During 2018 – 2026

Persistence Market Research (PMR) recently published a report titled “Prison Management Systems Market – Global Industry Analysis 2013-2017 and Market Forecast 2018-2026.” The adoption of prison management systems is increasing owing to an increase in adoption of security systems in government organizations. Prison management systems provide features where a prison warden can access and update inmate details, register a new inmate, and perform other activities. The global prison management systems market is expected to grow at a CAGR of 5.3% during the forecast period. The prison management systems market was valued at US$ 1,763.0 Mn in 2017, and is projected to grow significantly to reach US$ 2,809.8 Mn by 2026 due to the rising digitalization of various government entities and public security bodies.

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In this report, PMR has segmented the global prison management systems market on the basis of component, application, and region. By component, the prison management systems market is sub-segmented into hardware infrastructure and software infrastructure. Due to the increasing demand for advanced access control equipment, the hardware infrastructure sub-segment of the prison management systems market was valued at 1,101.3 Mn in 2017. The hardware infrastructure sub-segment of the prison management systems market is also projected to grow at a moderate growth rate during the forecast period. Furthermore, governments in developed and developing countries, such as the U.S., India, the UK, China Germany, and Japan are taking initiatives to develop advanced public security infrastructure, which includes the installation of prison management systems. Governments in these countries also developing smart cities. With these factors, the hardware infrastructure sub-segment is also expected to create potential opportunities for the vendors of prison management systems. In addition, the increasing usage of cloud-based services for multiple workloads in prison management, such as cell maintenance, check in/out, commissary management, incarceration records, inmate accounting, data backups, and collaboration services, is also expected to drive the global prison management systems market over the forecast period.

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Based on application, the prison management systems market is sub-segmented into video surveillance, intrusion detection, access control, alarms & notification, prison administration, prisoner information management, and others. Due to the increasing demand for access control equipment and biometric devices, the access control sub-segment of the prison management systems market is expected to register a high CAGR of 5.8% during the forecast period. In the recent years, advanced video surveillance equipment has witnessed a quantitative rise in demand, hence, the video surveillance sub-segment of the prison management systems market is projected to create potential growth in the prison management systems market. In the recent past, it has been observed that developed countries as well as developing countries have started investing on public security infrastructure, which includes the installation of prison management systems in jails. These factors are expected to boost the global prison management systems market in near future.

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Furthermore, on the basis of geography, the North America prison management systems market is expected to dominate the global prison management systems market due to advancements in next-generation communication and cloud technologies in the U.S. The region has witnessed the widespread deployment of mobile technologies and virtual storage technologies in the past couple of years. These factors are fuelling the growth of the prison management systems market in North America. The prison management systems market has high potential in Europe owing to exponential growth in the amount of information available on social media. The prison management systems market has witnessed substantial growth in China owing to major technological advancements in the field of public security by the Chinese government. China is now the most connected country in the world. In the recent years, the prison management market in SEA & Others of SEA has witnessed significant growth. The SEA and Others of SEA prison management systems market will be a target market for companies that provide prison management systems because governments in the region are creating digital public infrastructure. The Latin America prison management systems market is estimated to grow with a moderate CAGR over the forecast period. Furthermore, the Japan prison management systems market is projected to exhibit a single-digit growth rate during the forecast period.

According to PMR analysis, long-term contracts with business partners are likely to increase revenue, and new innovation strategies are estimated to enable the vendors of prison management systems to reach new growth markets. Some of the market participants in the global prison management systems market report include

  • Axis Communications AB 
  • Bosch Security and Safety Systems
  • Cisco Systems, Inc.
  • Fujitsu
  • Huawei Technologies Co., Ltd.
  • IBM
  • Montgomery Technology, Inc.
  • NEC
  • Spillman Technologies, Inc.
  • Sun Ridge Systems, Inc.
  • Thales Group
  • Tyler Technologies Inc.
  • Others.

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Energy Harvesting Market Likely to Experience a Tremendous Growth in Near Future

Persistence Market Research (PMR) recently published a report titled “Energy Harvesting Equipment Market – Global Industry Analysis 2013-2017 and Forecast 2018-2026.” Energy harvesting equipment has witnessed an upsurge in the past three years with increasing digitalization as well as the growing adoption of green energy.

The global energy harvesting equipment market is expected to register a CAGR of 9.9% during the forecast period of 2018 to 2028. North America, SEA & others of APAC, and Western Europe are expected to account for an approximate market share of 50% by the end of the forecast period.

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In this report, PMR has segmented the global energy harvesting equipment market on the basis of energy source, end user, industry vertical, product category, and region. With respect to the energy source, the thermoelectric sub-segment is expected to register the highest growth in the global energy harvesting equipment market. Under the end user segment, the commercial subsegment is expected to dominate the global energy harvesting equipment market throughout the forecast period. On the basis of industrial vertical, the home & building automation subsegment is expected to register the highest market share in the global energy harvesting equipment market by the end of the forecast period. On the basis of the product category, the energy harvesting ICs subsegment is expected to witness a higher growth rate as compared to other products.

In the coming years, small and medium enterprises are expected to be the top adopters of energy harvesting equipment. Energy harvesting equipment helps enterprises improve their business functionality by minimising operating costs of electricity and improving productivity. Investments in energy harvesting equipment are witnessing significant growth. These factors are expected to boost the energy harvesting equipment market across the globe. Furthermore, energy harvesting equipment has also been adopted by various governments for producing green energy with the help of different energies captured from ambient energies.

The global annual revenue from the deployment of energy harvesting equipment devices is expected to be valued at US$ 2,670.5 Mn by the end of 2028. The dominant regions, i.e. North America, China, SEA & others of APAC, and Western Europe, are expected to collectively account for a majority share of the global energy harvesting equipment market. The energy harvesting equipment market in Latin America economies and China are likely to dominate the global energy harvesting equipment market over the forecast period. Energy harvesting equipment is adopted by several organisations in the recent years and many more organisations are expected to adopt this technology in the near future. One of the major factors driving the global energy harvesting equipment market is the digital transformation that is gaining traction in manufacturing, retail, IT, education, and wholesale industries.

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Furthermore, on the basis of geography, the North America energy harvesting equipment market is expected to dominate the global energy harvesting equipment market due to high adoption of green energy developing equipment in the U.S. and the availability of resources for offering advanced energy harvesting equipment experience to the end-users in the region. The launch of advanced intelligent energy harvesting equipment by providers as well as strategic collaborations, acquisitions, and mergers will help increase the overall corporate revenue in the global energy harvesting equipment market. These factors are fuelling the growth of the energy harvesting equipment market in North America. Moreover, the Energy Harvesting Equipment market has high potential in SEA & Other of Asia Pacific, Latin America, and China owing to the increasing adoption of government and public initiatives in the regions.

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According to PMR analysis, increasing awareness about the adoption of green energy, high growth opportunities across developing countries, and an increase in the number of new service providers of energy harvesting equipment are some of the factors that are likely to increase revenue and new innovation strategies to enable the manufacturers of energy harvesting equipment to reach new growth markets. Examples of some of the market participants in the global energy harvesting equipment market report are

  • Tigo Energy, Inc
  • greenTEG
  • EnOcean GmbH
  • Murata Manufacturing Co., Ltd.
  • Ocean Harvesting Technologies AB
  • UTAG Green Energy Technologies Inc.
  • ReVibe Energy
  • SolarEdge Technologies Inc.
  • Renesas Electronics
  • Cymbet Corporation
  • Others.

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Global Storage In Big Data Market to Exhibit Significant Increase in Demand in the Coming Years

Persistence Market Research delivers key insights on the global storage in big data market in a new report titled, “Storage in Big Data: Global Industry Analysis and Forecast, 2016–2026”. According to the report, the global storage in big data market is estimated to be valued at US$ 9,599.1 Mn by the end of 2016 and this is anticipated to increase to US$ 61.44 Bn by 2026 end. In terms of value, the global storage in big data market is expected to register a CAGR of 20.4% over the forecast period (2016–2026). This is attributed to various factors, regarding which Persistence Market Research offers vital insights in detail in this study.

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Market dynamics

Digitization of records globally is the primary factor driving the global storage in big data market. Due to recent laws enforced by governments of various countries, companies are shifting towards digital maintenance of records, especially in the healthcare sector. Increasing digital data volumes is leading to companies increasingly adopting various data storage options. Further, increasing adoption of software-based storage options and an increase in the number of connected devices is expected to fuel the growth of the global storage in big data market over the forecast period. One of the major restraints for growth of the global storage in big data market to a certain extent are macroeconomic factors such as reduced budgets for data storage and high total cost of ownership of flash storage. Improper data representation is also posing a threat to the global storage in big data market.

Leading market players are integrating predictive analytics with storage systems and are providing storage servers close to end users to reduce latency time.

Market forecast

The global storage in big data market is segmented on the basis of – Segment (Hardware Segment, Software Segment, Services Segment); Industry (BFSI, IT and Telecommunications, Transportation, Logistics & Retail, Healthcare and Medical, Media and Entertainment, Others); and Region (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, and Middle East & Africa (MEA)).

The Hardware segment dominated the global storage in big data market with 49.1% market share in terms of value in 2015. The Hardware segment is estimated to create incremental $ opportunity of US$ 16.38 Bn between 2016 and 2026. The Software segment is estimated to create incremental $ opportunity of US$ 11.34 Bn between 2016 and 2026.

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The BFSI segment was valued at US$ 1,694.1 Mn in 2015 and is estimated to reach US$ 2,071.2 Mn by the end of 2016, reflecting a Y-o-Y growth rate of 22.3%. The Media and Entertainment segment is expected to register high Y-o-Y growth rates throughout the forecast period.

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Among regions, North America is expected to remain dominant in terms of revenue throughout the forecast period, registering a CAGR of 21.1% between 2016 and 2026. The North America storage in big data market is estimated to be valued at US$ 30.12 Bn by the end of 2026. The Western Europe storage in big data market is anticipated to register the highest CAGR of 21.8% during the forecast period. Latin America is projected to be the most attractive region in the global storage in big data market in terms of revenue during the forecast period.

Competitive landscape

The global storage in big data market report covers various solution providers operating in the global storage in big data market. Top companies profiled in the report include

  • Google Inc.
  • Microsoft Corporation
  • Amazon Web Services, Inc.
  • VMware, Inc.
  • IBM Corporation
  • Dell EMC
  • SAS Institute Inc.
  • Oracle Corporation
  • SAP SE
  • Teradata Corporation
  • Hewlett Packard Enterprise
  • Hitachi Data Systems Corporation
  • MemSQL Inc.
  • Others.

Some of these companies are adopting strategies such as increasing global investment in cloud services, providing hybrid storage solutions, enhancing flash storage product portfolio, integrating cloud and flash technology with storage products, and collaborating with various technology partners to expand their market presence and enhance customer base globally.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Sales of Operational Predictive Maintenance Market to be Significantly Influenced by Rising Consumer Adoption

Persistence Market Research (PMR) recently published a report titled “Predictive Maintenance Market for Manufacturing Industry – Global Industry Analysis 2013-2017 and Market Forecast 2018-2026.” The predictive maintenance market for manufacturing industry has witnessed an upsurge in the past four years with the introduction of advanced technologies such as Big Data & analytics, machine learning, deep learning, and artificial intelligence. As a result of the increasing adoption of these advanced technologies, a transition from the on-premise deployment models to the cloud is witnessed in the global predictive maintenance market for manufacturing industry.

The global predictive maintenance market for manufacturing industry is expected to witness a double-digit growth rate during the forecast period. The predictive maintenance market for manufacturing industry was valued at US$ 741.1 Mn in 2017, and is projected to grow significantly to reach US$ 4,746.6 Mn by 2026, which can be attributed to the high demand for efficient output & management in the manufacturing industry and for minimizing the costs associated with the maintenance of the assets/products/machines.

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In this report, PMR has segmented the global predictive maintenance market for manufacturing industry on the basis of component type, deployment model, technology, and region. By component type, predictive maintenance market for manufacturing industry is subsegmented into software and services. Services subsegment of the global predictive maintenance market for manufacturing industry is further segmented into consulting, training, implementation & integration, and support. According to the PMR analysis of the global predictive maintenance market for manufacturing industry, as the adoption of software increases, a corresponding increase in the demand for services is expected to be witnessed, especially during the latter half of the forecast period. During the initial phase of the global predictive maintenance market for manufacturing industry, the consulting and implementation & integration segments are expected to witness higher demand. However, as time progresses, higher demand for the support and maintenance segment is expected in the global predictive maintenance market for manufacturing industry.

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Based on deployment model, the predictive maintenance market for manufacturing industry is subsegmented into on-premise and cloud. In 2017, the on-premise segment is expected to dominate the predictive maintenance market for manufacturing industry. However, the cloud segment is expected to exhibit a higher double digit-growth rate during the forecast period in the global predictive maintenance market for manufacturing industry owing to the increasing demand for adopting cloud technology across all the regions. The deployment of predictive maintenance market for manufacturing industry simplifies the integration of advanced technologies with the software and, furthermore, assists in the global advent of Industry 4.0. Increasing awareness about the advantages associated with the deployment of predictive maintenance over cloud is another factor expected to fuel the growth of the segment in the global predictive maintenance market for manufacturing industry, in terms of value, during the forecast period.

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Demand for Reduced Downtime & Low Maintenance Costs from Manufacturers Boosting Revenue Growth in the Predictive Maintenance Market for Manufacturing Industry

Moreover, the predictive maintenance market for manufacturing industry report also includes a qualitative analysis of the integration of machine learning, deep learning, and Big Data & analytics with predictive maintenance and an assessment of the opportunities in the future with an increase in the adoption of these solutions. At the global level, the maximum adoption of the aforementioned integrated solution is witnessed among the North American and European manufacturing companies.

Furthermore, on the basis of geography, North America predictive maintenance market for manufacturing industry is expected to dominate the global predictive maintenance market for manufacturing industry due to the large presence of solution providers, availability of resources for offering advanced solutions, and maximum penetration of Industry 4.0 in the region. Moreover, the predictive maintenance market for manufacturing industry has high potential in SEA & Others of APAC and China owing to the presence of numerous manufacturing companies in these regions and an increase in the adoption of advanced technologies to increase the efficiency associated with the same.

According to PMR analysis, initiatives undertaken by governments to enhance the efficiency of manufacturing plants/machines, transition from on-premise to cloud, increasing awareness among end-users, and high growth opportunities in developing countries are likely to boost the global predictive maintenance market for manufacturing industry. Some of the market participants in the global predictive maintenance market for manufacturing industry report include

  • IBM Corporation
  • Software AG
  • SAS Institute Inc.
  • PTC, Inc
  • General Electric 
  • Robert Bosch GmbH
  • Rockwell Automation
  • Schneider Electric 
  • eMaint Enterprises LLC
  • Others

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

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Consumer Cloud Storage Services Market Size & Growth: Quality, Reliability, and User Demands by 2026

Persistence Market Research (PMR) recently published a report titled “Consumer Cloud Storage Services Market – Global Industry Analysis 2013-2017 and Forecast 2018-2026.” The adoption of consumer cloud storage services by is increasing owing to an increase in the amount of data generated by users. Consumer cloud storage services help users store data securely and gain access to it at any point in time from any device. These devices include smartphones, PCs, and tablets. The global consumer cloud storage services market is expected to grow at a CAGR of 14.9% during the forecast period. The consumer cloud storage services market was valued at US$ 912.6 Mn in 2017, and is projected to grow significantly to reach US$ 3,071.2 Mn by 2026 due to an increase in the availability of HD video content across the globe.

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In this report, PMR has segmented the global consumer cloud storage services market on the basis of storage tier, user age, and region. By storage tier, the market is subsegmented into 50 GB-999 GB, 1 TB – 9.99 TB, and >= 10 TB. Due to an affordable pricing structure, the 50 GB-999 GB subsegment was valued at 487.7 Mn in 2017. The 50 GB-999 GB subsegment of the consumer cloud storage services market is also projected to grow with a double-digit growth rate during the forecast period. Furthermore, the usage of social media sites, such as Facebook, YouTube, and Twitter, is very high in developed countries such as the U.S., U.K., Germany, and Canada. These sites are getting multimedia-heavy day by day, which is motivating users to create more content such as videos and photos.

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With these factors, the 1 TB – 9.99 TB subsegment is also expected to create potential opportunities for the vendors of consumer cloud storage services. As multimedia content is now being accessed through subscription services by a large number of users, cloud service providers are looking for new possible usages with data stored on the cloud. Major area of focus for several cloud service providers are collaboration tools and third-party integrations. Owing to this, the 18-40 years segment, a subsegment of the “by user age” segment, is projected to hold a market share of more than 70% at the end of 2018 in the global consumer cloud storage services market. Moreover, the 18-40 years subsegment is expected to grow at a relatively higher CAGR as the demand for consumer cloud storage services is growing rapidly in various countries such as India, U.K., and China. Due to a continuous increase in the number of mobile workforce, the 18-40 years subsegment is also expected to witness a high growth rate during the forecast period.

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On the basis of geography, the North America consumer cloud storage services market is expected to dominate the global consumer cloud storage services market due to advancements in next-generation communication and cloud technologies in the country. The region has witnessed the widespread deployment of smartphones and virtual storage technologies in the past couple of years. These factors are fuelling the growth of the consumer cloud storage services market in North America. The consumer cloud storage services market has high potential in Europe owing to major technological advancements in the telecommunication industry and increase in the number of mobile workforce in various countries of the region.

According to PMR analysis, long-term contracts with business partners are likely to increase revenue and new innovation strategies are estimated to enable the vendors of consumer cloud storage services to reach new growth markets. Some of the market participants in the global consumer cloud storage services market report include

  • Apple Inc.
  • Google (Alphabet Inc.).
  • Box, Inc.
  • Dropbox Inc.
  • Amazon Web Services (AWS)
  • Microsoft Corporation
  • Sync.com Inc.
  • Hubic (OVH)
  • Mediafire
  • pCloud AG
  • Others.

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About us:

 

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

305 Broadway, 7th Floor
New York City, NY 10007
United States

Ph.no. +1-646-568-7751

E-mail id- [email protected]

Website: https://www.persistencemarketresearch.com

 

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Education ERP Market Size, Revenue, Application, Types, Trends in Future, Scope to 2028

Persistence Market Research (PMR) recently published a market report titled “Education ERP Market – Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028.” According to the report, the education Enterprise Resource Planning (ERP) market was valued at US$ 7.8 billion by the end of 2018, and is expected to grow nearly 3X larger by revenues, by the end of the forecast period. The PMR report attributed the growth in the education ERP market to the rising adoption of smart and innovative education platforms and solutions, such as education ERP and E-learning solutions.

In today’s rapidly changing electronics market, education institutions are using education ERP solutions for planning, controlling, and delivering data effectively. The usage of education ERP software solutions is essential for reducing the risks and protection from data-related problems. The increasing complexity and functionality of traditional management technology have created potential opportunities for the growth of the education ERP market.

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Internet-based Systems Transforming the Education Sector Trigger the Market Growth

Education ERP is an Internet-based ERP software solution, which is used to manage student information system, school management system, training management, and many more. Education ERP helps teachers, staff, students, and parents to efficiently utilize the data by automating processes in a structured and organized manner. Several companies are providing education ERP software solutions for higher education, especially for colleges and universities.

However, there are some challenges that are faced by the manufacturers of education ERP solutions. Consumers in several regions, such as South Asia, Latin America, and MEA, are price-sensitive and more focused on the latest features and technologies. Nevertheless, high import taxes on consumer electronic devices, such as eBook readers, smartphones, tablets, notebooks, etc., are deterring consumers from buying consumer electronic products. This is the primary factor that is expected to adversely affect the growth of the education ERP market over the forecast period.

Demand for SaaS-based Education ERP Remains Highest in Primary and Secondary Education

PMR has segmented the education ERP market by component, user type, deployment type, and region. By user type, the education ERP market is segmented into kindergarten, primary & secondary, and higher education. The primary and secondary education institutes are projected to hold a prominent share of the education ERP market over the forecast period. This segment is expected to enable the education ERP market to register the highest growth rate during the forecast period due to the increasing number of educational institutions and the demand for SaaS-based education ERP solutions.

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By component, the education ERP market is segmented into Student Information Systems (SIS), Learning Management Systems (LMS), Student Assessment Systems (SAS), Library Management Systems, Classroom Management, Fee Management Systems, Hostel Management Systems, and Others. In the Education ERP market, the fee management systems subsegment is playing a crucial role by providing multiple services to educational institutions globally.

Increasing Adoption of Tech-based E-Learning Tools: An Emerging Trend in the Market

Moreover, over the last few years, the demand for technologically advanced products, especially E-learning electronic products, has registered significant growth across the world, especially in the education ERP market. The governments of various countries across the world have undertaken several initiatives for the development of the education sector by deploying multiple smart solutions and services.

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According to PMR analysis, collaborations with other ERP solution providers are likely to help increase business revenue, and new innovation strategies, which will enable the developers of education ERP software solutions to reach potential customers in emerging markets. This is also expected to enable them to increase their revenue sales.

SAP AG, Blackbaud, Inc., and Oracle Corporation are estimated to hold the largest shares of the education ERP market during the forecast period. Some of the vendors of education ERP solutions profiled in the education ERP market report are

  • SAP SE
  • Dell Technologies Inc.
  • Oracle Corporation
  • Adobe Systems Incorporated 
  • Blackbaud, Inc.
  • Workday, Inc.
  • Ellucian
  • Foradian Technologies
  • Infor Inc.
  • Epicor Software Corporation
  • Creatrix Campus
  • Pagely, Inc.
  • Skyward, Inc.
  • 2i Technology
  • PCR Educator

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About us:

 

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

305 Broadway, 7th Floor
New York City, NY 10007
United States

Ph.no. +1-646-568-7751

E-mail id- [email protected]

Website: https://www.persistencemarketresearch.com