The global trade surveillance market is poised to reach US$ 2,699.5 Mn by 2027, expanding at a CAGR of 17.8% during the forecast period from 2019 to 2027. By the changing time, trading techniques and topologies have shifted from manual to automatic and algorithmic trading. Such technological advancement has increased the market capacity thereby reducing human limitations. On the other hand, it has also increased the risk for fraud, market manipulation, and rule violation.
The global trade management software market was valued at US$ 632.3 Mn in 2018 and is anticipated to grow to US$ 1,253.9 Mn expanding at a CAGR of 8.1% during the forecast period from 2019 to 2027. The trade management software simplifies complex trading activities such as import and export management, shipment monitoring etc. which in turn helps companies manage their international trade and import-export activities. Reducing supply chain and compliance risk has been one of the most important feature of this software, thereby allowing traders and companies to effectively and efficiently manage their businesses.
The global location intelligence market was valued at US$ 9.22 Bn in the year 2018 and expected to reach US$ 36.68 Bn by the year 2027, expanding at a CAGR of 16.7% during the forecast from 2019 to 2027. More than 80% of all data maintained by organizations around the world has a location component.
Globally, the digital rights management market is expected to grow with a CAGR of 14.6% during the forecast period from 2019 to 2027 and has a market value of around US$3.30 Bn in 2018. Digital rights management (DRM) is an approach that is used by various industries to offer copyright protection for digital media and assets. The DRM is used for preventing unofficial redistribution of digital media among the users.
Emergency telemedicine services involves the delivery of medical services in emergency to a remote location with the help of advanced telecommunication technology. Global emergency telemedicine services market is expected to rise with a CAGR of 19.0% during the forecast year 2019-2026.
Social media messaging market refers to the market of digital messaging platforms that help to share information in text, picture, video and audio formats. Social media messaging apps are generally integrated with the social media platforms. The global social media messaging market is expected to grow at an astonishing CAGR of over 17% over the forecast period of 2019-2026. The major factors driving growth in the market are increasing acceptance of social media platforms globally, growing internet services along with increase in the number of smartphone users. Further technological advancements in the cellular mobile services including introduction of 4G services has provided a major impetus to the growth of the market.
The global agricultural robot market is expected to grow at CAGR of around 22% during the forecast period 2019-2026. Major factors that driving the global market are increasing concern for monitoring crop health for yield production, increasing global demand for food due to in rapid rising of population, increasing adoption of new technologies for generating more efficiency of the firm and reduce production cost and the government’s support for adoption of modern agricultural techniques.
Favorable characteristics of these servers such as low power and light weight are expected to fuel the global microservers market in the next few years. Development of internet traffic has directed the trend to increase the number of computer workloads that do not require focused horsepower offered by various high-end server. Microservers are generally based upon System-On-Chip (SoC) boards, a small form-factor that packs the CPU, memory and system I/O onto a single integrated circuit.
The global managed service market has been expected to grow with an impressive CAGR of 12.8% during the forecasted period of 2016-2022.Managed service market is a type of informative technological operations which provides the services. Managed service is majorly categorized into two technological parts such as- managed service providers (MSPs) and application service providers (ASPs). Managed service providers are the partners to application service providers because the clients of MSP use ASP to run its internal business operation of functions.
The rising demand for secure and reliable communication devices for the citizen and military applications has amplified the need for software defined radio market for communication. The effect of the software defined radio technology will affect the handset manufacturers, OEM suppliers, end users, network operators and the electronic component manufacturers. Various projects have been under progress for the development of software defined radio such as speak easy radio program, European secure software defined radio, us joint tactical radio system program and many more.
The global optical switches marketwas estimated to grow around $3300 million in 2014 and it is forecasted to reach around $11488 million at a CAGR of 16.53% during 2016-2022.The major factors drivingglobal optical switches market is rising demand for high bandwidths and high transfer rates all over the world which is expected to boost the optical switches market in next 6 to 7 years.
The global internet of things market is expected to grow at the CAGR of 33.6% during 2015-2022. The major factors that are driving market of internet of things are rising demand of cheaper and smarter sensor which are used in various applications such as smart energy, building home automation, connected health, smart manufacturing and many more. Apart from this, increasing adoption of cloud platforms and escalation of high speed network technology are driving the market. The increasing number of connected device is escalating the demand for high speed network technology.
Content Delivery Network is a geographically dispersed network of cache and proxy servers, which cooperate the organizations,near the areas of their customers to store their web page and contents.CDNs for the content providersresults in cost savingsand reduce the traffic coming directly from the content provider’s origin infrastructure.The important driver for the content delivery network marketis the increasing usage of data consumption over internet.
Global Data Center Security Market is expected to grow at the CAGR of XX% during 2015-2022 and it estimated to be $XX billion by 2022. The Global Data Center Security Market is majorly driven by the adoption of cloud computing, virtualization and increasing attacks on data centers. Global rise in security concerns is also driving the market. Global adoption of data security products and services has created huge scope in the market.
The global video surveillance & VSAAS Market is expected to grow at the CAGR of XX% during 2015-2022 and it estimated to be $XX billion by 2022. The Global Video Surveillance & VSAAS Market is majorly driven by technological advancement and need for centralized data & application management.
The global webbing market is expected to grow at the CAGR of 6% during 2015-2022 and it estimated to be $XX billion by 2022. The global webbing market is majorly driven by significant increasing demand of safety measures in automobile and transportation. Huge investment in global webbing market is expected to boost the market in next few years.
While ecommerce started out as providing goods and services online, the industry covers all enabling services including payment gateways, software, logistics and more. E-commerce industry has been growing at a rapid pace. Globally the industry has been growing at 25% , United States is the largest market with Asia Pacific blazing the growth path. IT services refer to the application of technology enabled expertise that help corporations in more efficient operations and management.