Industry Growth Reports

The development of business models and pioneering policies to fortify government functioning is estimated to guide the smart government market 2020. The ICT industry reports are produced by Market Research Future, which highlights market options for expansion. A USD 37 billion revenue is forecasted by 2023 while developing at 19% of CAGR in the forecast period. The need for digital mediums is predicted to transform the growth potential of the  smart government market  projects in the coming years. The progress in smart technologies is predicted to enhance the smart government market considerably in the forthcoming period. Competitive Analysis The conundrum present in the global market relating to the fundamental assets of the corporations is being optimized to fair the existing pandemic more successfully. The growth restraints of the market are anticipated to be momentous and will need to be neutralized to unlock favorable development in the market. The unsteadiness in the for...

The global location analytics market is growing continually. The market growth attributes to the spurring rise in the retail market and growing focus on customer satisfaction needs and adoption of technologies. Besides, the proliferation of smartphones, IoT devices, and the Internet drive market growth. Moreover, advances in analytical capabilities in location detection, transactional data, and geographical information system escalate the growth of the market.  According to Market Research Future (MRFR), the global  Location Analytics market  would reach over USD 25 BN by 2022, registering 19% CAGR throughout the forecast period (2016-2022). The expansion of existing 3G/4G and 5G connectivity technologies are some of the factors fuelling the location-based services market. Similarly, upgrades in location intelligence, mobile location analytics, and emergency response management technology foster the growth of the location analytics industry.  Additionally, increasing...

The  API management market   has been proliferating at a rapid pace. The market growth attributes to the recent upgrades in API management solutions. Besides, rising market penetration of mobility solutions and various apps and increasing numbers of mobile subscribers drive the market growth. Rise of social media and the growing demand for private & public APIs positively impact the growth of the market. Moreover, the increasing popularity of web APIs and advances in the internet of things (IoT) devices and big data escalate market growth.  According to Market Research Future (MRFR), the global API management market is expected to reach approximately USD 3 BN by 2022, registering a whopping 35% CAGR throughout the review period (2016 – 2022). Increasing capabilities of analytic tools to analyze complex data accumulated by businesses is a key driving force behind the growth of the market. Also, the demand for advanced application programming interfaces to improve publi...

Environmental Monitoring Global Market   - Overview Environmental monitoring is the procedure of observing & governing the condition of environment caused by industrial operations. The main motive of environmental monitoring is to measure the development of mandate environmental objectives and to assist in detection of growing environmental challenges. Environmental monitoring involve various technologies which are used to observe pollution in air, water, land, waste management. Environmental monitoring produces vital information for local authorities and the government to evaluate present condition of atmosphere which helps in developing plans for adjusting the changes in the environment. One of the major factor that drives the market growth of environmental monitoring is the rising government initiatives to protect environment from air, water, land, and other kind challenges. Another factor, increasing application of environmental monitoring software for checking industr...

Market Analysis  The  platform as a service market  is predicted to touch USD 12 billion at a healthy 26% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Platform as a service/ PaaS, simply put, is a cloud service delivery model where third-party cloud service providers offer software and hardware tools to people in need of complete deployment and development of applications online. Such services offer a platform that enables customers in developing, running, and managing services sans dealing with complex building & maintenance of infrastructure to create an app. Hybrid cloud, private, and the public are its different deployment that is widely used in telecommunication and IT, consumer goods and retail, education, healthcare, and life sciences, government and public sector, banking and financial sector, and others.  Various factors are propelling the global paas market share. According to the recent MRFR report, such factors in...

Cloud infrastructure services are proven viable solutions for services or products on demand through delivery models preferred increasingly. This, as a result, drives the cloud infrastructure services market size. Rising adoption of public cloud-based IT services is a major driving force behind the market growth. The market perceives rampant growth, demonstrating a vast growth potential in the future.  Market Research Future (MRFR), in its recently published analysis, asserts that the global  cloud infrastructure services market  would reach an exponential valuation by 2023, growing at an impressive CAGR during the forecast period (2017 – 2023). Increasing investments and spending on cloud deployment of enterprise storage systems, networking hardware, databases, applications, and firewalls boost the market share. Additional factors substantiating the market size include increasing usages of cloud-based applications for data storing and growing numbers of businesses. The c...