Globally, the telematics in heavy equipment market is expected to grow with a CAGR of 10.9% during the forecast period from 2019 to 2027. The market is driven by the wide scale adoption of the telematics solution among the construction machineries and equipment. As the pressure on the construction industry to reduce the cost of operation and enhance efficiency is increasing, the construction organizations are swiftly shifting towards the technology solution to enhance the operational efficiency. Furthermore, the integration of the telematics into the machineries enable the effective fleet management reduces the cost and enhances the profits. 

The global telecom power systems market is poised to reach US$ 5,443.1 Mn by 2027, expanding at a CAGR of 6.9% during the forecast period from 2019 to 2027. Exponential growth in the high-speed data users, internet, mobile phones, and other communication services has challenged the telecom power sector to reduce energy consumption in cooling system and processing equipment.

The telecom analytics market is expected to reach US$ 11.70 Bn in 2027, growing at a CAGR of 18.88% during the forecast period from 2019 to 2027. The advent of big data analytics have changed the way telecom sectors are managing their operations. The massive amount of data created by telecom devices users is a goldmine for telecom companies. This unstructured data when converted into structured data (with the help of data analytics) will helps in finding meaningful insights and form customer-centric KPIs of their customers.

Globally, the technical illustration software market is expected to grow with a CAGR of 6.5% during the forecast period from 2019 to 2027, starting from US$ 3.22 bn in 2018. The market is driven by the strict government regulations across the globe to enhance the quality of the documentation and visuals. The government across the globe has implemented several regulations and guideline to enhance the quality of the documentation to provide transparency to the customers. For instance, European Union formed regulations and warranty issues demanding higher quality documentation to increase the transparency of information and benefits for customers.

Storage Area Netwrok (SAN) market expected to reach at the market value of US$ 25.8 Bn in 2027, with promising CAGR during the forecast period from 2019 to 2027. Storage area network (SAN) refers to the network with primary purpose to transfer data across computer systems and storage elements. SAN includes management layer that organizes storage elements, connections and computer systems so that data transfer becomes more secured and robust. SAN eliminates any constraints to amount of data that server can access.

Software-defined data center accounted for the market value of US$ 34.6 Bn in 2018, and expected to grow with promising CAGR of 16.4% across the forecast period from 2019 to 2027. By leveraging capabilities of software-defined data center, IT infrastructure enables to provide high availability and recoverability for all workloads. Such technology offers flexible models for disaster recovery that offers to lessen downtime from site or local failures.

The software defined perimeter (SDP) market worldwide is expected to grow with a CAGR of 36.0% during the forecast period from 2019 to 2027, starting from US$ 1.84 Bn in 2018. Rising demand for cloud based services; scalable and programmable security architecture is driving the software defined perimeter (SDP) market. Software Defined Perimeter (SDP) is a security system that enables management, configuration and control of information without human intervention. The emergence of IoT (Intenet of things) and changes in bring your own device (BYOD) trends shall further fuel the growth of the market. Therefore, we expect that the software defined perimeter (SDP) market will show significant growth during the forecast period.

Globally, the social TV market is expected to grow with a CAGR of 11.5% during the forecast period from 2019 to 2027. The market is driven by the growing adoption of the social media platform across the globe. Over the last decade, social media platform has emerged as the most disruptive trend worldwide. It has significantly changed the way people used to communicate access information and entertain themselves. The total number of social media users are estimated to around 3.5 billion in 2019 i.e. approx 33% of the world population, and the number is further estimated to increase in the future.

Globally, the smartphone sensors market is expected to grow with a CAGR of 5.60% during the forecast period from 2019 to 2027 and had registered a market value of US$ 50.55 Bn in 2018. Smartphones sensors are defined as the sensing device which are integrated in smart phones for collecting data based on different parameters and application with the help applications installed with a smartphones. Some of the common smartphone sensors are light sensors etc, image sensors, accelometer and others. The increasing demand of smartphones among the users is one of the major factor which is driving the smartphone sensors market.

The global smart transformers market is growing proficiently, projected to grow at a CAGR of 14.9% during the expected period from 2019 to 2027, starting from US$ 1.86 Bn in 2018. In view of raising the regional electrification index the ongoing preferences for the replacement of existing grid infrastructure is anticipated to fuel the global smart transformers market globally. 

The global smart sensors market was valued at US$ 34.61 Bn in 2018 and is projected to witness remarkable growth, expanding at a CAGR of 15.8% during the forecast period from 2019 to 2027. Sensors play a vital role in modern technology, particularly with the advent of the internet of things (IoT), the demand and adoption of these has increased significantly. From inertial celestial navigation solutions in mobile phones and smart wearable solutions for health monitoring to autonomous driving, demand for sensors has been growing at a rapid pace.

The smart classroom market worldwide is expected to grow with a CAGR of 18.0% during the forecast period from 2019 to 2027 starting from USD 60 Bn in 2018. Ease of teaching and increased effectiveness is a key driver of the smart classroom market. The modern format of classrooms is assimilated with learning technologies like computers, specialized software, audience response technology, assistive listening, audio/ visual capabilities. These are also known as smart classrooms and offer a better learning experience.

In 2018, the global smart baggage handling systems market was valued at US$ 1.20 Bn and is expected to grow at a CAGR of 13.6% during the forecast period from 2019 to 2027. Rising travel & tourism industry and modernization of existing airports & railway stations are driving growth for the smart baggage handling systems market worldwide. To handle huge amount of cargo and passenger baggage traffic, the demand for smart baggage handling systems is increasing. Consequently, we are expecting the smart baggage handling system market to show robust growth throughout the forecast period.

Advancement in space and technological fields have propelled the satellite manufacturing companies to develop more compact and efficient satellites. With growing application of small satellites in earth observation, IoT and remote sensing or communication has disrupted the space economy for better. With number of connected devices expected to cross 22 Bn mark in coming years, space-based IoT is one of the promising business segments offered by small satellites.

The global small cell satellite backhaul market value surged from US$ 9.59 Mn in the year 2018 to US$ 14.04 Mn in 2027, with a CAGR of 4.3% during the forecast from 2019 to 2027. Robust growth in data traffic within past few years has perturbed mobile operators to epouse new means of communication network.

Service Integration and Management market reached the market value of US$ 3.67 Bn in 2018, and expected to grow with CAGR of 5.99% across the forecast period from 2019 to 2027. The increasing complexity of the IT value chain and the rise of multi-vendor supplier ecosystems has created a demand for new approach to governing multiple service providers and has led to the rise of Service Integration and Management (SIAM).

A secure web gateway is a type of security solution which resists and prevents the unsecured data traffic from entering into the internal networks of an organization. Additionally, these gateways also provide protection against online security threats which are affecting a company’s security policies and filters malicious internet traffic in real-time.

The global secure USB drives market is growing tremendously, projected to expand at a CAGR of 23.9% during the estimated period from 2019 to 2027, starting from US$ 456.5 Mn in 2018. The global secure USB drives market is majorly driven by the rapidly growing digital content along with a surge in the adoption of cloud computing. In 2018, the global IP traffic from cloud data centers was estimated at nearly 10.6 zettabytes.

The SD-WAN (software-defined wide area network) market worldwide is projected to grow with a CAGR of 36.4% during the forecast period from 2019 to 2027, starting from US$ 1.25 Bn in 2018. Growth of IT industry and adoption of mobility services globally to boost the SD-WAN market. Growing cloud-based solutions and rising digitization are some of the other factors for market growth. Rising mobile traffic is one of the most important factor for market growth.

The satellite dish market worldwide is expected to grow with a CAGR of 3.4% during the forecast period from 2019 to 2027. The satellite industry is rising with more than 3% growth rate annually. A satellite dish is used to transmit information from communication satellite or by radio waves. The satellite dishes are being used for various purposes such as for television, broadband, radio, and mobile among others. Military and government use information generated by satellite dishes for security purposes.