Serverless Architecture Market Size Is Expected To Reach USD 19.84 Billion by 2025: Grand View Research Inc.

San Francisco, 11 December 2018: The global serverless architecture market size is expected to reach USD 19.84 billionby 2025 at a 26.0% CAGR during the forecast period, according to a new study by Grand View Research, Inc. Growing demand for economizing operations and increasing profitability has been driving the market. Emergence of cloud technology, coupled with advancements in serverless computing, has further strengthened the market. As the business model of serverless operations is execution based, enterprises can eliminate the cost of provisioning and maintaining the server round the clock. Charges are billed on number of executions, which in turn, reduces cost.

Application development processes are a major beneficiary of a serverless architecture. DevOps and agile development culture within an organization are driving enterprises to change the way they develop business applications fundamentally. Monolithic applications are paving the way for application programming interface (API), micro-services, and function-based execution units, resulting in a paradigm shift of organizational mindset. These trends have changed the way enterprises approach IT infrastructure. In such an environment, serverless architecture enables organizations to streamline their operations, hire optimal resources, and allow developers to focus on core product development.

Cloud service providers (CSP) manage serverless architecture, enabling the platform to provide automatic scaling, enterprise-level global security, and promote continuous building, integration, and development efforts. Such factors positively impact an enterprise’s time-to-market, market share, and sustainability.

From a business perspective, serverless architecture eliminates the cost of hiring back-end infrastructure engineers, provides process agility, and reduces overall operational cost by a significant amount. From a developer perspective, it offers reduced liability and zero system administration as well as fosters adoption of microservices and nano-services.

However, there are several risks involved in deploying serverless architecture. As CSPs control the underlying infrastructure, users cannot customize/optimize the infrastructure to suit specific needs of an enterprise and developer. Moreover, as the organization has no control over the infrastructure, adding multiple customers on the same platform may raise security concerns. Furthermore, as a consumer, there is no authorization to do penetration tests and vulnerability scanning on infrastructure underlying the serverless offerings. Thus, increasing need for compliance concerns adopters and thereby acts as a restraint to market growth.

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Further key findings from the study suggest that:

·       By service, the monitoring segment is anticipated to register the highest CAGR of 28.8% over the forecast period. The automation & integration service segment, on the other hand, holds the dominant share and was valued at USD 830.6million in 2017

·       Based on organization, the large enterprises segment is expected to retain its dominance in the market, valuing an estimated USD 13.80 billion by 2025. The SME segment is anticipated to register the highest CAGR of 28.6% over the forecast period

·       By way of vertical, media & entertainment is expected to register the highest CAGR of 30.3% over the forecast period

·       North America was valued at USD 1.32 billion in 2017 and is expected to hold a dominant revenue share in the market by 2025. Asia Pacific is anticipated to witness the highest CAGR of 29.7% over the forecast period

·       Key players in the market include Amazon Web Services Inc.; Google LLC; Microsoft Corporation; and Oracle Corporation.

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Grand View Research has segmented the global serverless architecture market on the basis of service, organization, vertical, and region:

Serverless Architecture Services Outlook (Revenue, USD Million, 2015 - 2025)

·         Automation and Integration

·         API Management

·         Monitoring

·         Security

·         Support and Maintenance

·         Training and Consulting

·         Others

Serverless Architecture Organization Outlook (Revenue, USD Million, 2015 - 2025)

·         Large Enterprise

·         SME

Serverless Architecture Vertical Outlook (Revenue, USD Million, 2015 - 2025)

·         BFSI

·         Government & Public

·         Healthcare & Life Sciences

·         Manufacturing

·         Media & Entertainment

·         Retail & E-commerce

·         Telecom & IT

·         Others

Serverless Architecture Regional Outlook (Revenue, USD Million, 2015 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         MEA

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Proteomics Market to Observe Strong Development by 2024| Top Industry Players Thermo Fisher Scientific, Inc., GE Healthcare

San Francisco, 11 December 2018: According to a report by Grand View Research, Inc., global proteomics market is anticipated to value USD 24.8 billion by 2024. Growing requirement for better and timely diagnosis of fatal diseases such as diabetes and cancer is anticipated to propel demand for proteomics. It can provide essential information related to broad range of diseases and support diagnosis for better treatment.

Rising cases of chronic diseases such as diabetes, cardiovascular disorders, and cancer owing to unhealthy lifestyle and sudden climatic changes can augment market growth. Favorable regulations and government policies are expected to research and development in proteomics. This, in turn can augment growth of market over next few years. Continual technological advancements in the field such as multiple reaction monitoring, which can quantify proteins in cerebrospinal fluid for detection of later stages of multiple sclerosis can augment demand for proteomics. This, in turn can stimulate growth of market during the forecast period (2013 to 2024).

The proteomics market can be segregated on the basis of product, technology, application, and region. Based on product, the market can be categorized into instruments, reagents, and services. In 2015, regents segment dominated the market and accounted for fast growth attributed to wide spread research in academic institutes. In addition, high frequency usage of kits, chemicals, reagent, and strips for various analysis of various biological samples can fuel growth. The segment is expected to witness substantial growth at CAGR of 8.5% during the forecast period.

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Similarly, introduction of technologically advanced instruments such as 2D electrophoresis protein analyzers can augment growth of market. In addition, instruments such as electrophoresis instruments and biochip analyzers can be used for quantification of proteins. Moreover, rising demand for fast, user-friendly, cost-effective, and accurate devices can fuel growth of segment.   

Based on technology, the market can be classified into microarray instruments, x-ray crystallography, spectroscopy, chromatography, protein fractionation systems, electrophoresis, and surface plasma resonance systems. Large scale analysis of proteins through techniques such as x-ray crystallography, protein fractionation systems, microarray, and surface plasma resonance can provide view of molecular and cellular functions that can give access to overall information of complex processes in living systems. Moreover, increasing importance of such studies for targeted diagnosis and treatment can leads to rise in demand for proteomics during the forecast period.

In 2015, microarray segment dominated the market and accounted for revenue equivalent to USD 5.6 billion. Ability of microarrays to produce more information from small samples can fuel market growth. They can give advantage of label-free detection, direct, and absolute quantification, and full imprint of proteins.

Moreover, spectroscopy segment is predicted to grow fast over the forecast period. Introduction of novel technologies coupled with rising demand for accurate and rapid devices can fuel analysis of proteins. This, in turn can fuel growth of segment.    

 

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Based on application, the market can be clinical diagnosis, drug discovery, and others. Clinical diagnosis are expected to foresee significant growth attributed to wide range of application that can include host-pathogen interaction, disease biomarker discovery, personalized medicines, study of disease pathogenesis, and identification of drug target. In addition, introduction of technologically advanced instruments, increasing awareness on newer diagnostic techniques, and growing use of personalized medicines can fuel market growth.  

Regional segmentation includes Europe, North America, Asia Pacific, Latin America, and Middle East & Africa (MEA). In 2015, North America dominated the market and accounted for 40% market share. Prevalence of superior healthcare infrastructure, large base of target population, and presence of key market players in the region can fuel market growth. In addition, sufficient funding from local governments for R&D can foster growth of market in the region.

In Asia Pacific, the market is predicted to witness significant growth at CAGR of 12%. Developing countries such as India and China are expected to have higher chances of growth during the forecast period. In addition, increasing funding from government and private organizations for research and growth in proteomics based outsourcing to the region can augment growth of market.

Some of the leading companies offering proteomics are Bio-Rad Laboratories; Thermo Fisher Scientific, Inc.; Roche Diagnostics; Illumina, Inc.; and GE Healthcare. Most companies are expected to be involved in R&D activities for development of instrument-compatible kits. This is expected to be their major strategic initiative to sustain market position.  

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Security Market to Expand at a CAGR of 10.2% Through 2025| Key Industry Participants Honeywell International, Inc.; FLIR Systems, Inc

San Francisco, 11 December 2018: According to a report published by Grand View Research, Inc.; the global security market is expected to reach a USD 167.12 billion by 2025. Increasing applications in military and defense due to rise in terrorism and tension across international borders are projected to impel market growth over the forecast period (2014 to 2025). Growing illegitimate activities across the world coupled with stern safety guidelines by various governments are anticipated to further propel growth in near future.

Security systems are helpful to monitor suspicious activities in residential and commercial areas. They play a crucial role of protecting national security against terrorism and external threats. Rapid infrastructural development is expected to boost demand for safety systems like video surveillance and access control for real-time monitoring. In addition, technological advancements have enabled implementation of surveillance systems at remote and critical destinations. This factor is expected to bode well for market growth in the forthcoming years.

The worldwide security market can be segmented on the basis of system, service, end-use, and region. Based on system, the market can be categorized into access control, alarms and notification, intrusion detection, video surveillance, barrier, and other systems. Video surveillance systems segment is expected to showcase rapid growth in near future due to wide range of applications. These highly efficient and cost effective systems are increasingly adopted for monitoring criminal activities. This factor is anticipated to propel demand over the forecast period.

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Intrusion detection is anticipated to expand at a CAGR of 10.5% during the projected period. Rise in cross border terrorism and smuggling have increased adoption of intrusion detection system. They are useful to confirm identity of people and to access previously stored information associated with them.

As per service, the market can be fragmented into system integration and consulting, managed services, risk assessment and analysis, and maintenance and support. In 2016, integration and consulting held the dominant market share due to rising demand for easy to access advanced systems based on single platform. Managed security services segment is likely to expand at the highest CAGR during the projected period due to rising demand for mobile devices and mobile workforce.

Based on end-use, the market for security can be fragmented into government, military and defense, transportation, commercial, industrial, and others. Military and defense was the dominant market segment in 2016 due to threat of terrorism and cross border intrusions. Rising implementation in prisons, lock ups, and correctional facilities needing high security  is anticipated to bode well for demand over the forecast period. Transportation is expected to register notable growth due to rise in implementation of safety systems on railway stations, airports, and ports to prevent illegal activities and to protect valuable goods.

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Geographically, the market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In 2016, North America captured the largest market share owing to high incidence of intrusion and risk of terrorist activities. Growing importance of monitoring systems due to their features such as remote access and optimized power consumption are expected to further propel demand. The U.S. and Canada governments have extensively initiated the deployment of safety systems and are concentrating more on cross border security. This factor is expected to propel demand in near future.

Asia Pacific is likely to display significant growth over the forecast period due to rising government efforts to develop advanced infrastructure with safety system. Developing countries such as India and China are heavily investing in security products and development of technologically advanced systems for advanced surveillance with the help of wireless connectivity and more efficient cameras.

Some of the leading companies operating in the security market include Anixter International, Inc.; Honeywell International, Inc; Axis Communications AB; FLIR Systems, Inc.; and FLIR Systems, Inc. Major market participants are concentrating on organic and inorganic growth strategyies such as product innovation and mergers and acquisitions among others to sustain competition.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Ventilation And Anesthesia Masks Market is Expected To Reach USD 2,888.8 Million by 2022| Top Industry Leaders Fisher & Paykel, CareFusion

San Francisco, 10 December 2018: Global artificial ventilation and anesthesia masks market is expected to reach USD 2,888.8 million by 2022, according to a new report by Grand View Research, Inc. Key factors attributing to market growth include rising number of operation and emergency room procedures coupled with growing demand novel products which can be used to carry out intubation process without removing the oxygen mask. Increase in the target disease has a direct impact on the number of operation room, emergency and intensive care procedures and is expected to boost usage rates of ventilation masks over the forecast period. 

Increasing geriatric population is a major factor increasing the prevalence rate of several diseases. Additionally, growing prevalence of sleep apnea is one of the most significant growth drivers for these anesthesia and ventilation masks over the forecast period. 

According to statistics published by the National Sleep Foundation in 2012, around 40 million Americans were affected by chronic sleep disorders. Furthermore, these patients are at a high risk of visiting emergency department and intensive care units, and as a consequence are expected to increase the demand of ventilation masks in the next seven years. 

The market dynamics indicate that various players operating in this space compete on the basis of product specification and prices. The technology used to manufacture, quality of the product, and patient comfort are the key variables expected to impact the usage of these products. The healthcare providers assess the risk to the patient and determine the need to use invasive ventilation or non-invasive ventilation. The use of non invasive masks in accident and trauma cases, lung failure and other emergency cases is a key factor contributing to the high usage rates of these products. 

The market is segmented on the basis of application as operation room, intensive care units, emergency room, dental, and home care. In 2014 operating room held the maximum share of over 58% for low risk procedures and is expected to be the largest segment in the next seven years. Increase in insurance penetration, number of hospitals and dental centers to tap the high unmet needs in emerging economies is a key factor expected to boost the surgical volume and therefore these factors are expected to increase the demand for ventilation masks over the forecast period.

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Further key findings from the report suggest:

·       In 2014, North America dominated the overall market with a share of more than 50%. Key factors attributing to its large share include presence of robust healthcare infrastructure, which includes hospitals, emergency and dental centers.

·       Furthermore, in the U.S., the Affordable Care Act is a key driver encouraging millions of patients to opt for surgical treatments and utilize other healthcare services, and as a result is expected to boost usage rates of artificial ventilation and anesthesia masks over the forecast period.

·       Asia Pacific is expected to be the fastest growing market over the forecast period. Key factors attributing to its high growth are increase in public and private healthcare expenditure to build new hospitals, improve reimbursement scenario which lead to improvement in overall healthcare indicators.

·       Additionally, large population affected with various diseases is expected to increase the number of emergency, ICU and operating room procedures and as a result are expected to increase usage rates in these markets.

·       Key players operating in the market include Phillips Respironics, ResMed, Fisher & Paykel, CareFusion, Ambu, Drager, and others. These companies have an extensive portfolio of ventilation and CPAP masks.

·       Additionally, emergence of new players with novel product offerings such as SuperNO2VA from RMDevices is expected change market dynamics due to its ability to carry out inhalation anesthesia, artificial ventilation and intubation procedure simultaneously.  

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the artificial ventilation and anesthesia masks market on the basis of application, and region:

Global Artificial Ventilation and Anesthesia Masks Application Outlook (Market Revenue in USD Million, 2012 - 2022)

·       Artificial Ventilation and Anesthesia Masks Market, by Application for High Risk Procedures

·       Artificial Ventilation and Anesthesia Masks Market, by Application for Moderate Risk Procedures

·       Artificial Ventilation and Anesthesia Masks Market, by Application for Standard Risk Procedures

Artificial Ventilation and Anesthesia Masks Regional Outlook (Revenue, USD Million, 2014 - 2022)

·         North America

·         Europe

·         Asia Pacific

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Smart Transportation Market Comprehensive Study by Key Players Cisco System, Inc.; Cubic Corporation

San Francisco, 10 December 2018: The global smart transportation market size is estimated to reach USD 285.12 billion by 2024, according to a new study by Grand View Research, Inc., registering a CAGR of 22.5% during the forecast period. Rising number of on-road vehicles and ineffective existing transport infrastructure are expected to propel the need for efficient management systems. Favorable government initiatives for building better infrastructure and smooth running of existing transport systems are expected to boost industry growth.

Increasing investments in smart city projects are anticipated to open up new avenues for growth in the coming years as smart transportation is an integral part of any smart city. In addition, rising government focus on reducing greenhouse gas emissions and curbing alarming levels of traffic congestion is anticipated to drive industry growth over next few years. Increasing number of government mandates, such as those by the European Union (EU) and Directive on Intelligent Transport System, are also anticipated to favor the market during the forecast period.

On the flip side, need for massive capital for replacing existing infrastructure with smart technologically advanced systems is expected to hinder industry growth. Longer downtime for replacing existing systems may also pose a challenge to its growth and can affect daily commute.

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Further key findings from the study suggest:

·       Key solutions available in the market include ticketing management systems, parking management systems, integrated supervision systems, and traffic management systems

·       Integrated supervision systems are used for reducing traffic blocks, minimizing accidents, and providing better safety measures. This segment holds high growth potential

·       The cloud service segment is anticipated to witness a surge in demand, owing to rising need for storage of data generated through these systems

·       Professional service vendors offer consulting services and may witness an increase in demand over the next few years, owing to need for services to upgrade existing infrastructure

·       The North America market accounted for over 27.0% of the global revenue in 2015; Asia Pacific, on the other hand, is estimated to be the fastest-growing segment, offering lucrative growth opportunities for industry players

·       Government initiatives to enhance transport infrastructure are expected to favor the Europe market for smart transportation. The MEA market is also likely to be driven by increasing government investments in transport infrastructure

·       Key industry participants include Accenture PLC; Alstom, SA; Cisco System, Inc.; Cubic Corporation; General Electric Company (GE); Indra Sistema S.A.; International Business Machine (IBM) Corporation; Kapsch; LG CNS Corporation; and Xerox Corporation.

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Grand View Research has segmented the global smart transportation market report based on solution, service, and region:

Smart Transportation Solution Outlook (Revenue, USD Billion, 2015 - 2024)

·         Ticketing management system

·         Parking management system

·         Integrated supervision system

·         Traffic management system

Smart Transportation Service Outlook (Revenue, USD Billion, 2015 - 2024)

·         Cloud services

·         Business services

·         Professional services

Smart Transportation Regional Outlook (Revenue, USD Billion, 2015 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         RoW

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com