Converged Infrastructure Market to Changing IT Infrastructure in Developing Economies

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​Transparency Market Research (TMR) notes that the leading players in the global converged infrastructure market are Dell EMC, Nutanix, Inc., and Hewlett-Packard Company. These companies are known to offer best on-premise data centers in a hybrid cloud world. In the coming years, companies are expected to look at geographical expansion through mergers and acquisitions and meaningful collaborations to increase their reach. Business expansion through investment will also be an important strategy adopted by the players in the global market.

According to the research report, the global converged infrastructure market is expected to be worth US$76.26 bn by the end of 2025 from US$11.78 bn in 2016. During the forecast years of 2017 and 2025, the global market is expected to surge at a CAGR of 22.4%. Amongst the various end users in the global market, the telecommunications and IT sector is estimated to show dominance over the forecast period. By the end of 2025, this sector is likely to acquire a share of 34.2% in the global market. From a geographic point of view, North America is slated to account for a share of 39.5% in overall market by the end of 2025.

Shift toward Cloud-based Data Centers Bolsters Growth of Global Converged Infrastructure Market

The global converged infrastructure market is expected to witness a healthy growth rate in the coming years as several organizations are investing in upgrading their IT infrastructure. Converged infrastructure includes servers, virtualization, networking, storage, and along with other resources that are holistically managed. The demand for these systems is expected to remain consistent due to their single point of storage. The emerging trend of organizations to opt for solutions that provide better security, scale, agility, and simplicity is also expected to have a positive influence on the global market. The report highlights that small and mid-sized organizations are taking a keen interest in adopting converged solutions cutting down IT operational costs has become imperative in the dynamic global economy.

The increasing penetration of cloud-based data centers as companies move their financial systems to cloud systems along with other operational features is expected to bolster market growth in the near future. In order to improve productivity and efficiency, organizations are expected to adopt cloud technologies and architecture, eliminating the need for conventional data centers, which is expected to fuel the growth of the converged infrastructure market. The growing need for safe and secure IT infrastructure to prevent damage due to cyber-attacks has also prompted the usage of converged infrastructure.

Higher Upfront Cost of Converged Infrastructure Restrains Market Growth

On the flip side, the global converged infrastructure market faces certain challenges. Currently, a key restrain in the global market is the drastic drop in IT budgets across the globe. The overall IT sector is being threatened with budgetary pressure as consumers are condensing the scope of IT projects and postponing new developments. This has resulted in major cost-saving measures, thereby hampering the uptake of new solutions. Limited funds have delayed execution of new measures, which is expected to have a negative influence on the revenue of the global market in the coming years. Additionally, the higher upfront cost of converged infrastructure has also add to the listed for challenges for the global market.

TD-LTE Ecosystem Market: Advanced Technologies & Growth Opportunities In Global Industry

A fresh study by Transparency Market Research (TMR) suggests that a number of companies are currently connected to the value chain of the global TD-LTE Ecosystem Market, which is a clear indication of widespread opportunities in a developing market scenario. The report identifies Huawei Technologies Co. Ltd., Nokia, Samsung Electronics Co. Ltd., Telefonaktiebolaget L. M. Ericsson, AT&T, Inc., ZTE Corporation, Qualcomm Inc., MediaTek, Inc., Broadcom Corporation, and Spreadtrum Communications Inc. as some of the most prominent companies in the global TD-LTE ecosystem market.

As per the projections of the report, the demand in the global TD-LTE ecosystem market will increase at a phenomenal CAGR of 24.4% during the forecast period of 2017 to 2025, estimating it to achieve a global worth of US$264.00 bn by 2025, mounting from its evaluated valuation of US$40.80 bn in 2016. The report notes that a number of significant TD-LTE network deployments have occurred in the past three years, such as Sprint in The U.S., Bharti Airtel in India, and SoftBank in Japan, as a result of spectrum availability and decreased deployment costs. China based vendor, Huawei, is a highly respectable name in the global TD-LTE ecosystem market. The company signed a US$45.0 mn contract with Italian ISP Tiscali in September 2016. On the other hand, Ericsson also holds a significant chunk of shares in the global TD-LTE ecosystem market, capitalizing on upcoming deployment opportunities in both Asia Pacific and Europe.

 

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Equipment-wise, macro cells have considerably more demand than small cells, whereas on the basis of device type, notebooks serve maximum revenue share of the market, than other segments including PCs, smartphones, routers, and tablets. Application-wise, the market for TD-LTE ecosystem has been classified into retail, banking institutes, healthcare, and personal uses. Geographically, North America currently is the most lucrative regional market, although Asia Pacific offers widespread opportunities too.

Escalating demand for LTE with growing ubiquity of smartphones is the primary driver of the global TD-LTE ecosystem market. Apart from smartphones, the growing propagation of an array of other Internet enabled mobile devices such as tablets and e-readers has led to increasing consumer need to access ‘on the go’ rich content. Popularity of social media has caused an explosion of mobile data traffic, generating exceptional demand on the network of wireless operators. Bandwidth concentrated applications, especially video-based, render the restricted access and the gap that the clients are progressively facing between peak rates in actual experiences every day and perfect conditions. Therefore, it is vital for operators to confirm that the average mobile experience of the users is not negotiated especially in high traffic areas.

 

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Despite a highly prosperous future, there are a few factors obstructing the proper growth of the global TD-LTE ecosystem market. Complexity and backward compatibility is one such restraint. The operators who are considering a network update, must choose the appropriate technology. Either they upgrade to an evolved version of 3G like HSPA and HSPA+ or they opt for LTE. Upgrading within the 3G family does not require network architectural changes as such, whereas transforming to LTE needs core network expansion and new radio access technology. This process is highly complicated as well as cost intensive.

As per the author of the report, “Advancement in wireless infrastructure is one of the major opportunities in the global market of TD-LTE ecosystem. Advancement in wireless infrastructure is likely to create opportunities in the global TD-LTE ecosystem market. Various standardization bodies are developing higher frequencies and higher data rates having shorter transmission ranges. Early use of some technologies like 802.11ac assures a Gigabit per second from a single access point.”

 

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Geographically, the report takes stock of the potential of the TD-LTE ecosystem market in the regions of North America, Asia Pacific, Europe, The Middle East and Africa (MEA), and Latin America. In the current scenario, North America is the most profitable region for the vendors operating in the TD-LTE ecosystem market, and is expected to remain so for the whole duration of the forecast period, which is 2017 to 2025. Some of the key factors driving the North America TD-LTE ecosystem market are increasing technological advancements and efficient wireless infrastructures in the developed countries of the U.S. and Canada. The U.S. generates the maximum market revenue among all country-wide markets, due to the increasing new LTE based services as well as the increasing sales of smartphones and wearable devices.

In 2016, Europe posed the second most prominent chunk of market revenue in the global TD-LTE ecosystem market, gaining traction from up-gradation of existing wireless infrastructure in various countries such as Germany, The U.K., France, and Italy. However, Asia Pacific is projected for the most prominent CAGR. The region is vastly populated, houses two of the most promising emerging economies in India and China, and investments in mobile network infrastructure have escalated exponentially in the recent past. China provided maximum market revenue in Asia Pacific region in 2016.

Patient Engagement Solutions Market: Advanced Technologies & Growth Opportunities In Global Industry

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The global patient engagement solutions market has been witnessing a remarkable rise in its valuation as well as size. With the increasing prevalence of chronic diseases and a significant growth in the global geriatric population, the need for patient-oriented healthcare services has increased, leading to an augmented demand for patient engagement solutions, across the world. In addition to this, the rising uptake of IT in healthcare services is likely to aid this market considerably over the coming years.

In 2014, the overall opportunity in the global patient engagement solutions market was US$6.6 bn. Proliferating at a remarkable CAGR of 23.0% during the period from 2015 to 2023, the market is anticipated to reach US$34.9 bn by the end of 2023.

The global market for patient engagement solutions is analyzed on the basis of delivery mode and the end user. Based on the delivery mode, the market is classified into self-hosted services, application-managed services, and software as a service (SaaS). Among these, the demand for self-hosted solutions is higher than the other two at present. However, the application-managed services segment is projected to witness a high-paced growth over the next few years, thanks to the easy access and on-the-go services provided by this segment.

By the end user, the market is categorized into hospitals and healthcare providers, pharmaceutical companies, and medical and healthcare payers. Of these, hospital and healthcare providers have emerged as the key end user of patient engagement solutions and are expected to continue like this over the forthcoming years.

Pharmaceutical companies, on the other hand, are anticipated to display promising growth opportunities over the next few years, as a large pool of pharma companies are expected to uptake patient engagement solutions in order to meet their research and development requirements and control the operational capital incurred. The tremendous increase in the interest of pharmaceutical companies in patient engagement solutions is due to the feedbacks from patients and physicians regarding the prescribed drugs from these solutions, which plays a crucial role for these companies in improving their existing and pipeline products.

The global market for patient engagement solutions reports its presence across the Middle East and Africa, Latin America, Asia Pacific, Europe, and North America. Currently, North America is leading the global market due to the increasing number of government reforms and the rising demand for quality healthcare services. Researchers anticipate this regional market to remain on the top over the forthcoming years, thanks to the advent of incentive-based payment methods are their increasing adoption in healthcare organizations.

Patient engagement solutions are designed to obtain improved health outcomes of patients by including advanced IT services and electronic devices in their medical regimen. These solutions engage patients in their healthcare decision-making process and this results in better and healthier healthcare outcomes. In order to deliver quality healthcare services and mitigate rising healthcare costs, patient engagement solutions are backed by hospitals and healthcare organizations along with healthcare payers. The need of patient engagement solutions is to build up the relationship between healthcare providers and patients to promote active participation toward self-care and strengthen the decision-making process individually and collectively.

Patient engagement solutions provide services such as medication/appointment reminders, lab reports, and healthcare tips. This helps patients reduce risks to their health and re-admission to the hospitals. Furthermore, these services reduce the financial pressure from healthcare payers and provide valuable medical feedback related to medicines to the pharmaceutical companies.

This research study, entitled “Patient Engagement Solutions Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2015 – 2023,” provides strategic analysis of the global patient engagement solutions market, along with the market growth (size in US$ Bn*) forecast for the period from 2015 to 2023. The report includes an in-depth analysis of the market drivers, restraints, and industry trends. It also highlights the significant growth opportunities for patient engagement solutions in the next few years.

With a large pool of regional and multinational participants, the global market for patient engagement solutions is highly competitive and fragmented in nature. Athenahealth Inc., GetWellNetwork Inc., Emmi Solutions LLC, McKesson Corp., Cerner Corp., Medecision Inc., Phytel Inc., Axial Exchange, Orion Health, and Allscripts Inc. are the key players operating in this market. These players are focusing on expanding their businesses across various regions in order to strengthen their position in the global market.

LED Services Market: Advanced Technologies & Growth Opportunities In Global Industry

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The presence of numerous players features the global LED Services Market to be competitive, says a recent publication by Transparency Market Research (TMR). To withstand the competition, key players are engaged in differentiating their products offerings from those of their competitors and enhance the functionality of existing products that may help them steal a march from their competitors. Further, long term lighting contracts, sponsorship of industry events, and new product development are some of the growth strategies that have become crucial for success in this market which is crowded with numerous small and medium-sized manufacturers.

Some prominent names in the global LED services market are Bright Special Lighting S.A., Endo Lighting Corp., Global Light LLC, Thorlux Lighting, KKDC Co. Ltd., OPPLE Lighting Co., Ltd., LEDVANCE GmbH, Reggiani SPA, Philips Lighting Holdings B.V., and Cree Inc.

The global LED services market is projected to rise at a healthy CAGR of 10.6% for the forecast period of 2017 to 2025 as a result of which the market is estimated to reach a valuation of US$22.42 bn by 2025. The market pegged an opportunity of US$9.26 bn in 2016.

The segments of the global LED services market based on application are residential, public lighting, and business lighting. Residential lighting stood as the leading application segment in 2016 holding almost 45% market share. The segment is expected to display promising growth over the forecast period of 2017 and 2025. However, public lighting application is predicted to surpass other application segments in terms of growth rate over the forecast period.

Region-wise, Europe led the global LED services market in 2016 and going forward too, the region is expected to display a healthy growth rate.

Amongst several factors driving the growth of LED services market, the rising demand for LED lighting services across a range of application segments is a key one. In particular, surging adoption of LED lighting in the public lighting sphere has significantly boosted the LED services market. Increasing environmental awareness, need for energy efficient lighting, and favorable government regulations for the adoption of LED lighting solutions are also acting in favor of this market.

With the integration of wireless communication technology with LED lighting solutions and availability of IoT-enabled LED lighting, the new lighting solutions are offering a whole new experience to consumers than what was offered by traditional ones. The popularity of newer lighting solutions is further on the rise due to their tangible benefits.

Another notable factor driving the growth of LED services market is increasing investments from key players for the development of new LED products and services. These new products are energy efficient and cost effective to be suitable for a range of applications.

Large scale infrastructure development projects and development of smart cities, especially in emerging economies, are expected to generate substantial demand for LED services market. This is mainly because LED lighting solutions are energy efficient and cost effective to keep with the need for environment-friendly lighting solutions with respect to reduced Co2 emissions. Furthermore, citywide street lighting and smart lighting projects are expected to have a positive impact on the demand for LED services in these regions.

Last but not the least, favorable government initiatives, architectural applications, and long-term contracts are further boosting the adoption of LED products.

eDiscovery Market: Advanced Technologies & Growth Opportunities In Global Industry

Global eDiscovery market revenues are expected to witness a year-over-year growth rate of 15.0% in 2016 and reach US$ 8,315.1 Mn in revenues. Rising litigation cases and expanding end-uses of eDiscovery software & services will continue to fuel the adoption globally. North America will continue to account for the highest demand, whereas Europe and Asia Pacific will witness a surge in adoption.

While increasing number of litigations will continue to drive adoption, increased emphasis among end-users on adhering to the ever-evolving compliances will further the growth of the eDiscovery market in 2016. Increasing awareness on the benefits of eDiscovery among organisations in emerging economies will create new growth opportunities for manufacturers.

The global eDiscovery market can be broadly segmented on the basis of components, software type, end-users, and geography.

By components, services segment holds the majority share of the market, and is expected to grow by 15.4% in 2016 to reach US$ 5,653.2 Mn in revenues. Collection, storing, processing, and reviewing data during litigations and investigations are key eDiscovery services witnessing high demand from end-users.

By software, on-premise segment is expected to grow by 6.1% in 2016, whereas the off-premise segment is anticipated to witness an increase of 22.5%. On-premise segment currently accounts for the majority share of the market; however, on the back of rising demand for cloud computing and increasing volume of digitally stored data are driving the adoption of off-premise eDiscovery software market. Adoption of off-premise eDiscovery software is more pronounced in developed markets of the U.S., U.K, Japan, and South Korea.

Government & regulatory agencies are the largest end-users of eDiscovery software & services. Government & regulatory agencies accounted for a revenue share of 49.4% of the global eDiscovery market in 2015, and this end-use segment is anticipated to witness a year-over-year growth of 13.3% to reach US$ 4,048.4 Mn in revenues in 2016. Adoption of eDiscovery is witnessing an uptick among enterprises, who are relying on it to ensure efficient internal investigation related to corporate and human resource policies. The enterprise segment was valued at US$ 2,958.3 Mn in 2015, and is expected to grow by 16.8% in 2016.

Regionally, North America is anticipated to remain the largest market for eDiscovery solutions, accounting for a revenue share of 54.8% in 2016. Government & regulatory authorities in North America are increasingly preferring eDiscovery solutions over other data solutions for litigations and investigations. Growth of the eDiscovery market in Europe will remain steady in 2016, whereas Asia Pacific will increase at a robust pace. The Asia Pacific eDiscovery market is anticipated to increase at 17.4 % in 2016, with high adoption from enterprises fuelling the growth of the market.

Key players in the global eDiscovery market include EMC Corporation, Daegis Inc., Symantec Corporation, IBM Corporation, FTI Consulting Inc., Navigant Consulting Inc., HP Autonomy, Guidance Software Inc., Integreon Managed Solutions Inc., Epiq Systems, Xerox Corporation, and Catalyst Repository Systems Inc.

Power System Analysis Software Market: Advanced Technologies & Growth Opportunities In Global Industry

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The global Power System Analysis Software Market represents a highly fragmented vendor landscape with the presence of a large number of regional players spread across geographies, says Transparency Market Research (TMR) in a new report. However, a handful of players such as General Electric Company, Siemens AG, ETAP, and ABB Ltd. that have established their presence globally by means of mergers and acquisitions and strategic alliances.

Nevertheless, the power system analysis software market is competitive in terms of product offerings due to the higher concentration of service providers. New product development with the objective to increase the efficiency of software is what players in the power system analysis software market are focused on. Thus, mergers and acquisitions and partnerships are the focus of companies to strengthen their positions and for conversion of growth opportunities into business gains. A case in point is General Electric Company. The company acquired Alstom in 2016, following which it is expanding its presence in emerging markets. This is reflected in its near double revenue in India post its acquisition of Alstom.

“Strategic alliances in order to enhance operational capabilities of partnering company is the growth strategy that key players in the power system analysis software market are adopting’” says a TMR analyst. An excellent example is ETAP/Operation Technology Inc. In September 2014, the company partnered with U.S. based OSIsoft LLC to deliver power management solutions for continuous monitoring, automation, optimization, and control of electrical power systems. These solutions are applicable for utilities, process industries, micro-grids, smart cities, mission critical facilities, and government operations.

The global power system analysis software market stood at US$3,959.7 mn in 2016 and is expected to be worth US$11,585.7 mn by 2025, expanding at a CAGR of 12.7% between 2017 and 2025.

The on-premise implementation segment accounted for a massive 81% of revenue of overall power system analysis software market in 2016. The massive revenue contribution of the on-premise segment is due to their better system uptime, as the servers are on-premise at the power utilities’ buildings. However, the segment of cloud-based implementation is also anticipated to display a steady rise due to the widespread outreach of the Internet.

North America is the leading regional market with the region accounting for almost 33% of the power analysis software market in 2016. The growth of this region is primarily driven by huge amount of investments on smart grid systems. However, Asia Pacific is anticipated to display the fastest growth over the forecast period. India, China, Japan, and Australia are the key domestic markets for power system analysis software in the region.

The rising investment in smart grid technology is the leading factor boosting the power system analysis software market. Across the world, the incessantly increasing demand for electricity has forced utility companies to boost production. This includes setting up new power transmission networks and also boosting the capacity of existing power transmission lines, grids, and associated infrastructure, which in turn, enhances their efficiency for electricity generation, transmission, and generation. Smart power technology requires power system analysis software to monitor grid performance and to enable condition-based maintenance.

Governments and regulatory agencies are driving adoption of power system analysis software by advocating the implementation of smart power technologies through incentives or regulatory mandates. Emerging countries are displaying an increased deployment of smart grid technology and thus benefitting the power system analysis software market.

Nano Positioning Systems Market: Advanced Technologies & Growth Opportunities In Global Industry

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A handful of prominent players account for almost 75.0% share in the global market for nano positioning systems. This makes the competitive landscape consolidated. Physik Instrumente (PI), Aerotech, Inc., Prior Scientific Instruments, and Cedrat Technologies are to name a few of the dominant players in the market.

Physik Instrumente held the leading share of 31.1% in the global Nano Positioning Systems Market in 2016. Its leading position has been brought about by the continued thrust on bringing out new products to entice more consumers. Similar strategies have been employed by other players in the market too, to further their positions.

As per a report by Transparency Market Research, the global nano positioning systems market is slated to reach a value of US$264.1 mn in 2025 from US$85.4 mn in 2016 by rising at a robust 13.4% CAGR from 2017 to 2025.

 

Depending upon the type of actuator, the global nano positioning systems market can be segmented into MEMS-based electrostatic, Magneto-strictive, Electromagnetic, Piezo Actuator, etc. The Piezo actuators accounted for a dominant market share of 37.15% in 2016 and will likely retain their leading position going forward too. The report by TMR states that MEMs-based technology is being further investigated for its use in integration and performance.

Depending upon geography, the key segments of the global nano positioning systems market are Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. Of them, Europe accounted for maximum share in the market in 2016 and expanding at a robust CAGR of 13.7% from 2017 to 2025, it is expected to grow its leading share marginally. Driving phenomenal growth in the nano positioning systems market in Europe is the growing demand for ceramic technology for miniaturization in different applications such as white light inferometry, precision laser machining, and increasing research in nano systems in the nations of France and Germany.

 

At the forefront of driving demand in the global nano positioning systems market is the rising demand for MEMS depending upon capacitive sensors in consumer electronics and wearables market. “Increasing demand for microscopic structures and devices which combine optical, mechanical, and fluidic elements with electronics, which are even smaller than the grain of a sand and which provides a very simple structure, presenting multiple moving structure being integrated with microelectronics are the major factors expected to boost the demand for MEMS based capacitive sensors during the forecast period,” explains the lead analyst of the report.

Apart from that, growing demand for ceramic technology for miniaturization and rising need of piezoelectric actuators in aerospace industry are also serving to underpin growth in the global nano positioning systems market.

 

Posing a hindrance to the global nano positioning systems market is the hysteresis loss and backlash which is negatively impacting the performance of position actuators. Explains the lead analyst of the report, “Hysteresis relates to the actuator’s memory which reduces the effect of the input. It creates a lag during output related to its immediate input. The lagging effect wastes the energy which is used to produce rotary motion as a mode of heating or vibration. This issue is very small in nature, but for position actuator applications even a minute loss of motion produces measured inaccuracy.”

IoT Market: Advanced Technologies & Growth Opportunities In Global Industry

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The proliferation of interconnected networks and the explosion of data volumes across smart homes and smart grids in different industries has been in large part due to the mushrooming of devices, particularly mobile devices. Data integration from various cyber, social, and physical resources within the IOT market enables the development of apps and services that can incorporate situational decision making mechanisms and create enhanced services along with smarter applications. Fog computing is another new technology similar to edge computing in the IOT market. Fog computing is quite likely to support the IOT market and can exist in data centers, the cloud, or even edge devices such as routers, gateways, sensors, etc.

 

Edge computing is a relatively new concept in the IOT market compared to cloud analytics. In the case of edge computing, data is processed near the source instead of in the cloud. Edge analytics is currently at a developmental stage but can still be successfully implemented in large IOT deployments because of the handling of large data volumes. The factors benefiting widespread edge computing adoption are better data security, latency reduction, and lesser connectivity issues. Many vendors in the IOT market are launching edge analytics solutions to attract more clients and expand their product portfolio. In April 2017, Microsoft Corp. launched the IoT Central service to manage the enterprise IoT ecosystem. IoT Central allows enterprises to launch new products and is a part of SaaS.

 

Companies would be advised to focus on the IoT Platform and IoT Analytics segments in the global IOT market. The IoT Analytics component is predicted to grow to nearly 5x its size in 2017 and be a market opportunity exceeding US$ 50 Bn in 2025. The CAGR for the IoT Platform is considerably higher at 25.6% during 2017-2025, making it critical in the long term.

 

Smart cities are the buzzword of the 21st century and are popular due to digital technologies becoming essential in both developed and emerging economies. Smart cities comprise electronics equipment effectively deployed in areas such as smart traffic, smart homes, smart utilities and security. A recent trend has been the need for IoT devices in home gateways, smart meters, smart sensors, smart appliances, and smart plugs, primarily because of governmental encouragement.

In addition, people are expected to demand smart technology in all of their gadgets such as connected cars, wearables, smartphones, and smart TVs. The U.S, Canadian, and Indian governments have taken the lead in the concept of smart cities and are launching projects for indigenous communities, regional governments, and municipalities. The national governments in these nations are inviting participation from local authorities, businesses, and civil society to implement clean, digitally connected technology consisting of advanced energy systems, smarter roads, and greener buildings.

 

It isn’t surprising that North America is the largest region in the global IOT market as the continent is often at the forefront of technological innovation and acceptance. The U.S. market is already twice the size of its northern neighbor and is likely to remain so for the foreseeable future. Within North America, IoT Analytics and IoT Security are poised to push past US$ 17 Bn and US$ 23 Bn respectively. However, key stakeholders in the North America IOT market may want to consider the fact that both IoT Platform and IoT Data Transport record a higher CAGR for the period.

Electric Traction Systems Market: Advanced Technologies & Growth Opportunities In Global Industry

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The global demand for electric traction systems has witnessed a steady rise in the past few years. Factors such as modernization of passenger railcars and growing urbanization, coupled with increase in electric locomotives, have primarily been the key driving forces for the market in the past few years. Furthermore, rise in induction of air-conditioned coaches has greatly increased the demand for electric traction systems, to complement the increased uptake of power. Significant transformation in railway connectivity, metro connectivity, and other rail-based transports are expected to further propel the market for electric traction systems in the near future.

 

Transparency Market Research estimates that the market, which was valued in terms of revenue US$342.94 bn in 2016, will reach US$426.54 bn by 2025, at a CAGR of 2.5% from 2017 to 2025.

 

On the basis of type, the market for electric traction systems has been segmented in the report into electric traction transformer, electric traction motor, electric traction generator, electric traction inverter, electric traction converters, and others.

 

Of these, the segment of electric traction motor accounted for a massive 63% of the global electric transformer market in 2016. Being one of the most important components of electric traction systems, traction motors find extensive demand across numerous applications. Traction motors act as the primary driving force for all railway vehicles, hence the massive share in the global market. However, the segment is expected to exhibit moderate growth over the forecast period, witnessing a slight decline in its present share in the global market by end of the forecast period.

 

However, the others segment, which covers the components of electric traction systems that are necessary for the proper functioning of all other traction system components and are required for installation, is expected to lead in terms of growth rate over the report’s forecast period. The growth in all the product segments have been promoting the growth of others segment. The segment is expected to exhibit a 3.5% CAGR over the forecast period, witnessing a substantial rise in its present share by the end of the forecast period.

 

In terms of geography, the market for electric traction systems in Asia Pacific dominated the global market in 2016, accounting more over 35.0% of the global market. China and India held the dominant share in the Asia Pacific electric traction systems market in the said year, followed by Australia and Japan. Improvements in the transpiration infrastructure in the region, which includes metro rail systems, high speed bullet trains, hybrid electric vehicles, and railway connections, have remained key to the strong growth observed for electric traction systems in Asia Pacific. Over the next few years, the rising demand for rolling stock for narrow gauge and industrial railways, including diesel-electric, hybrid, and electric locomotives, will continue to contribute to the positive development of the electric traction systems in this region.

 

Europe held the second leading position in the global electric traction systems market in terms of revenue contribution in 2016. Russia and Commonwealth of Independent State (CIS) countries are leading the market for electric traction systems, followed by Germany. The market in the region is primarily driven by the gradual shift from diesel-based to diesel-electric locomotives and electric locomotives. Government initiatives toward improving the transportation system, especially railways fuel the growing demand for electric traction systems across Europe, apart from stringent regulations related to the emission of harmful gases from trains or any sort of vehicles.

 

Some of the leading players in the market are ABB, Ltd. (Switzerland), Alstom S.A., The KON?AR Group, Siemens AG, Delphi Automotive LLP, Voith GmbH , Mitsubishi Electric Corporation, Schneider Electric SE, The Curtiss-Wright Corporation, Prodrive Technologies, Toshiba Corporation, General Electric, Co., CG Power and Industrial Solutions Ltd., Bombardier Inc., American Traction Systems, VEM Group, Caterpillar Inc., TTM Rail – Transtech Melbourne Pty Ltd., Kawasaki Heavy Industries Ltd., Traktionssysteme Austria GmbH, Hyundai Rotem Company , Hitachi, Ltd., and Ansaldo Signalling.

Content Delivery Network Market: Advanced Technologies & Growth Opportunities In Global Industry

According to a recent market report published by Future Market Insights titled “Content Delivery Network (CDN) Market: India Industry Analysis and Opportunity Assessment, 2016–2026,” the India content delivery network market was valued at US$ 239.8 Mn in 2015 and is expected to register a CAGR of 22.9% between 2016 and 2026. Growth of the India content delivery network market is primarily driven by a growing subscriber base for smart devices and increasing use of the internet.

A growing adoption and usage of smart devices has led to a rise in internet traffic (content), which in turn is boosting the demand for content delivery networks from various content owners. Additionally, several SMEs in emerging markets are focusing on using digital platforms and the internet to expand their market presence. This is likely to result in increasing loading time of webpages due to increasing traffic and congestion on the internet. Engaging customers is vital for sustaining in this business and this factor is becoming highly challenging owing to rapidly expanding online economic conditions characterised by intense competition. All these factors are expected to increase deployment of CDN for efficient delivery of online content over the forecast period, further propelling the growth of the India content delivery network market.

The costs of establishing a content delivery network are quite high (huge infrastructure costs and a high capital expenditure but less ROI in the initial stages). This can be quite challenging for new entrants heading into the highly competitive CDN market in India with high quality services. This market is likely to witness some key trends in the coming few years such as – reduced prices of CDN services, multi-CDN delivery and streaming of content, CDN services support for IPv6, and the use of next-generation hardware to run content delivery networks.

The costs of establishing a content delivery network are quite high (huge infrastructure costs and a high capital expenditure but less ROI in the initial stages). This can be quite challenging for new entrants heading into the highly competitive CDN market in India with high quality services. This market is likely to witness some key trends in the coming few years such as – reduced prices of CDN services, multi-CDN delivery and streaming of content, CDN services support for IPv6, and the use of next-generation hardware to run content delivery networks.

The India content delivery network market is classified on the basis of service providers, applications, and end-use verticals. On the basis of service providers, the market is segmented as telecom CDN providers, conventional CDN providers, and others. The conventional CDN providers segment was valued at US$ 169.0 Mn in 2015 and is expected to reach US$ 1.69 Bn by 2026, registering a CAGR of 23.4% over the forecast period. The telecom CDN providers segment was valued at US$ 57.5 Mn in 2015 and is expected to reach US$ 549.1 Mn by 2026, registering a CAGR of 22.9% over the forecast period.

On the basis of applications, the India content delivery network market is segmented as streaming, web acceleration, gaming, and CDN storage. In terms of value, the streaming segment is expected to expand at a CAGR of 24.5% while the web acceleration segment is expected to expand at a CAGR of 23.4% over the forecast period. On the basis of end-use verticals, the India content delivery network market is segmented as media & entertainment, e-commerce, TELCOs, healthcare, government & education, and others. In 2016, the media & entertainment segment is estimated to account for the highest market share of 47.2% and this is likely to increase to 58.1% by the end of 2026.

Some of the key players in the content delivery network market in India include Akamai Technologies Inc., CDNetworks Co. Ltd., Limelight Networks Inc., MaxCDN Enterprise, Amazon CloudFront – Amazon.com Inc., Tata Communications Ltd., CDN77, and Leshi Internet Information & Technology (LeEco).