Enterprise Content Management Market Growth With Worldwide Industry Analysis To 2025: Grand View Research Inc.

 Enterprise Content Management Market Growth & Trends

The global enterprise content management market size is expected to reach USD 93.76 billion by 2025, according to a study conducted by Grand View Research, Inc., registering a CAGR of 15.6% during the forecast period. Soaring need for securing confidential data is triggering the adoption of enterprise content management software. Components of the software include solutions and services such as document management, web content management, records management, document collaboration, and digital rights management. These solutions enable enterprises to reduce their data storage costs and enhance productivity by allowing them to collaborate with employees.

In North America, availability of advanced IT infrastructure and presence of prominent IT giants such as IBM and Microsoft Corporation is poised to drive the adoption of enterprise content management software. Latin American and MEA are projected to witness considerable growth over the coming years owing to growing preference of enterprises for cloud and rising need for IT services by the government sector.

However, vendor dependence and high cost of maintenance are likely to hamper the growth of the market. To overcome this, ECM providers may offer flexibility to enterprises and low-cost maintenance services for gaining credence among organizations.

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Enterprise Content Management Market Report Highlights

• The services segment is expected to post the highest CAGR of over 17.0% during the forecast period due to growing emphasis on periodic maintenance and employee training to enhance operational efficiencies
• Cloud-based ECM provides benefits such as high service level, which will drive the growth of the segment over the forecast period. The segment is anticipated to command more than 60% of the overall market revenue by 2025.
• The SME segment is expected to expand at a CAGR of 21.1% over the forecast period owing to reduced data storage costs and security offered by enterprise content management
• Transportation & logistics is expected to rise at a CAGR of over 16% over the same period
• Latin America is expected to emerge the fastest-growing region over the forecast period as enterprises in this region are shifting towards cloud deployment
• Prominent industry participants operating in the market include IBM, Hewlett Packard Enterprise (HPE) Company, M-Files Corporation, and Microsoft Corporation.

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Enterprise Content Management Market Segmentation

Grand View Research has segmented the global enterprise content management market based on component, deployment, organization type, vertical, and region:

Enterprise Content Management Component Outlook (Revenue, USD Million, 2014 - 2025)

• Solutions
• Services

Enterprise Content Management Deployment Outlook (Revenue, USD Million, 2014 - 2025)

• On-Premise
• Cloud

Enterprise Content Management Organization Type Outlook (Revenue, USD Million, 2014 - 2025)

• SMEs
• Large Enterprises

Enterprise Content Management Vertical Outlook (Revenue, USD Million, 2014 - 2025)

• BFSI
• Communication Media & Services
• Retail
• Manufacturing & Natural Resources
• Transportation & Logistics
• Government & Utilities
• Others (Food & Beverages, Oil & Gas, Real Estate)

Enterprise Content Management Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • Japan
• Middle East and Africa (MEA)
• Latin America

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.

Global Software Defined Perimeter Market to Reach Around USD 10.25 Billion by 2025: Grand View Research Inc.

 The global software defined perimeter market size is expected to reach USD 10.25 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 18.4% during the forecast period. Evolution of IoT and developments in Bring Your Own Device (BYOD), are anticipated to boost the growth. Increasing adoption of cloud technology by small and medium enterprises is expected to boost the overall software defined perimeter (SDP) market. Increasing exposure to cloud migration has made it difficult for the enterprises to efficiently secure the perimeter.

Traditional VPN access is liberal and grants remote workers with the access to the network which are further not required to complete the tasks. This results in the access to the resources and are unreasonably visible, vulnerable, and can be attacked easily. Organizations require surplus user connection and deployment through many cloud instances. VPN or the firewall costs increases instantly with the need for these surplus authorizations. VPN also offers flexibility and hence, can be used to connect Virtual Private Clouds (VPCs), datacenters, and multiple networks. However, these connection costs high and are resource-intensive. SDP reduces the costs incurred and hence drives demand for data security in the infrastructure.

Many organizations such as banks and other finance services, healthcare, and telecom provider face difficulty in meeting the security requirements in virtualized cloud environments. Financial institutions have a requisite of data center with several physical controls. This makes it difficult for financial institutions to utilize public cloud services. SDP simplifies these difficulties and helps in utilizing the public cloud services when required.

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https://www.grandviewresearch.com/industry-analysis/software-defined-perimeter-sdp-market

Further key findings from the report suggest:

• Telecom and IT is projected to emerge as the fastest growing segment over the forecast period
• Large enterprises emerged as the largest segment in 2017 and is estimated to generate revenue over USD 7.02 billion by 2025
• North America held the largest share in the SDP market in 2017, owing to adoption of cloud technology and stringent regulations on data
• Key players operating in the SDP market include Cisco Systems Inc.; Juniper Networks; Intel Corporation; Fortinet Inc.; Symantec Corporation; Certes Networks; EMC RSA; among others

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Grand View Research has segmented the software defined perimeter market on the basis of enforcement point, deployment, organization, application, and region:

Software Defined Perimeter Enforcement Point Outlook (Revenue, USD Million, 2015 - 2025)

• Gateway
• Controller
• End-Point

Software Defined Perimeter Deployment Outlook (Revenue, USD Million, 2015 - 2025)

• On-Premise
• Cloud

Software Defined Perimeter Organization Outlook (Revenue, USD Million, 2015 - 2025)

• Small and Medium Enterprises
• Large Enterprises

Software Defined Perimeter Application Outlook (Revenue, USD Million, 2015 - 2025)

• Defense
• Telecom & IT
• BFSI
• eCommerce & Retail
• Healthcare
• Government
• Others

Software Defined Perimeter Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
• South America
  • Brazil
• Middle East & Africa

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.

Automotive Turbochargers Market Estimated To Flourish By 2027: Grand View Research Inc.

 Automotive Turbochargers Market Growth & Trends

The global automotive turbochargers market size is expected to reach USD 27.33 billion by 2027, registering a CAGR of 8.9%, according to a new report by Grand View Research Inc. Rising trend of engine downsizing across the globe in a bid to improve fuel efficiency of vehicles is expected to drive the market growth.

Governing bodies across the world are employing stringent automotive emission norms to curb the rapidly rising environmental damage. This factor is expected to boost the demand for automotive turbochargers since it is an eco-friendly device that aids in realizing fuel economy across several vehicle types.

Key players are investing in R&D to improve turbocharger performance in order to cater to further advancements for downsized diesel and gasoline engines. In addition, they are employing efforts to improve the fuel economy in hybrid vehicles and develop turbochargers for next-gen fuel cell vehicles.

Industry participants are trying to enhance profitability by increasing sales through high add-value turbochargers. In addition, they are employing efforts to secure volume sales of vehicle turbochargers capturing demand for fundamental product-lineup steadily, thereby providing a stimulus to overall market growth.

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Automotive Turbochargers Market Report Highlights

• Other fuel type segment which includes CNG, fuel cells, and other fuel alternatives is expected to expand at a CAGR of over 15.1% during the forecast period, owing to emerging trend of hybrid and fuel cell vehicles
• Gasoline fuel segment accounted for majority of the demand for automotive turbochargers in 2019 on account of shift of light weight vehicles toward direct gasoline engines
• Heavy commercial vehicles segment is expected to witness a notable CAGR of over 9.1% over the forecast period on account of high aftermarket demand for heavy commercial vehicles turbochargers
• In terms of revenue, Asia Pacific stood at USD 3.41 billion in 2019 and is projected to expand at a CAGR of 11.1% over the forecast period on account of rising automotive production levels in the region
• Key market players are investing in development of fuel cell turbochargers to capture the rapidly growing fuel cell vehicles market, which in turn is expected to drive the overall growth over the forecast period

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Automotive Turbochargers Market Segmentation

Grand View Research has segmented the global automotive turbochargers market on the basis of fuel type, vehicle types, and region:

Automotive Turbochargers Fuel Type Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2027)

• Gasoline
• Diesel
• Other

Automotive Turbochargers Vehicle Type Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2027)

• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles

Automotive Turbochargers Regional Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • South East Asia
• Central & South America (CSA)
  • Brazil
  • Argentina
• Middle East & Africa (MEA)

List of Companies in the Automotive Turbochargers Market

• Honeywell (U.S.)
• BorgWarner (U.S.)
• MHI (Japan)
• IHI (Japan)
• Continental (Germany)
• Bosch Mahle (Germany)
• Cummins (U.S.)
• ABB (Switzerland)

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.

Video Analytics Market Major Key Players And Latest Trend Analysis Till 2025: Grand View Research Inc.

 The global video analytics market size is expected to reach USD 9.4 billion by 2025, according to a new study by Grand View Research, Inc., registering a 22.8% CAGR over the forecast period. Increasing demand for intelligent security surveillance systems, which can be used for estimating key trends and deriving patterns, is the key factor driving the market growth. In addition, increasing concerns over public safety and the use of video analytics in criminal investigations are positively impacting demand for video analytics solutions.

Apart from surveillance, video analytics solutions have also found increasing applications in the retail sector for estimating average footfall, gender bifurcation, display effectiveness, and attractiveness of shelf space. Furthermore, superstores and mega marts have started implementing these systems to gain insight into consumer behavior.

The use of advanced algorithm technology in video analytics enables the examination of captured videos frame by frame, irrespective of light exposure, thereby making video analytics a reliable and efficient choice for ensuring security. Furthermore, industries such as transportation, retail, and healthcare are witnessing a significant increase in the adoption of video analytics, owing to rising application of intrusion detection, license plate recognition, crowd management, and congestion detection in these industries.

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https://www.grandviewresearch.com/industry-analysis/video-analytics-market

Further key findings from the study suggest:

• Facial recognition is expected to emerge as the fastest-growing application segment with a CAGR of 25.9% from 2017 to 2025. This can be attributed to the widening scope of facial recognition solutions for surveillance purposes at malls, events, airports, and public transport, among others
• By type, the services segment is projected to register the highest CAGR of 24.0% for the next eight years. This can be attributed to increasing demand for and installation of video analytics solutions, which are, in turn, propelling demand for related managed and professional services
• The cloud segment is anticipated to emerge as the most preferred deployment option for video analytics solutions as it offers flexibility and convenience, allows remote access, and provides easy maintenance
• North America accounted for the largest share in 2016 and is driven by the presence of prominent market players who consistently work on developing new and innovative technologies in video analytics
• The retail end-use segment is anticipated to register the highest CAGR of 25.6% over the forecast period.  This may be attributed to the use of video analytics in applications such as people counting, display and promotion effectiveness, product placement and store layout, and customer preference pattern analysis
• Asia Pacific is expected to experience the highest growth from 2017 to 2025, driven by emerging economies such as India and China. These nations are expected to augment their expenditure on intelligent and security surveillance systems
• Key industry participants include Cisco Systems, Inc.; Axis Communications AB; Bosch Security Systems GmbH; Agent Video Intelligence Ltd.; Honeywell International Inc.; IBM Corporation; AllGoVision Technologies Pvt. Ltd.; Genetec Inc.; Aventura Inc.; and i2v System Pvt. Ltd.

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Grand View Research has segmented the global video analytics market based on type, deployment, application, end use, and region.

Video Analytics Type Outlook (Revenue, USD Million, 2014 - 2025)

• Software
• Services

Video Analytics Deployment Outlook (Revenue, USD Million, 2014 - 2025)

• Cloud
• On-premise

Video Analytics Application Outlook (Revenue, USD Million, 2014 - 2025)

• Crowd Management
• Facial Recognition
• Intrusion Detection
• License Plate Recognition
• Motion Detection
• Others

Video Analytics End-use Outlook (Revenue, USD Million, 2014 - 2025)

• BFSI
• City
• Critical Infrastructure
• Education
• Government
• Retail
• Transportation
• Others

Video Analytics Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • The U.S.
  • Canada
• Europe
  • The U.K.
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East & Africa (MEA)

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.

Agricultural Films Market Predicted to Cross $13.85 Billion by 2024| Top Industry Leaders British Polyethylene Industries PLC

 The global agricultural films market is expected to reach USD 13.85 billion by 2024, according to a new report by Grand View Research, Inc. Growing population is anticipated to exert pressure on agricultural productivity. These films are used to enhance the productivity and improve crop quality by minimizing soil erosion, providing nutrients, and suppressing weed growth. They are primarily made of polyethylene. Growing consumer disposable income coupled with the rising high-quality crops demand is anticipated to drive the market growth over the forecast period. 

Depleting arable land is expected to impact market growth positively over the next eight years. Protective films are placed over soil, covered over greenhouses and wrapped around fodder. Various benefits offered by agricultural films including reducing the risk of seed germination, decreasing soil compaction, raising soil temperature, providing nutrients, and protecting against UV rays. These advantages are expected to raise product demand in near future. 

Agricultural films for green house dominated the global demand and accounted for 42.9% of total revenue in 2015. This trend is anticipated to continue over the forecast period on account of rising demand from emerging economies such as China and India.

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http://www.grandviewresearch.com/industry-analysis/agricultural-films-market

Further key findings from the report suggest:

• The global agricultural films market demand 5.15 million tons in 2015 and is expected to reach 8.28 million tons by 2024, growing at a CAGR of 5.4% from 2016 to 2024
• Linear low-density polyethylene (LLDPE) was the major raw material segment in 2015 and is expected to reach a market worth USD 7.29 billion by 2024, growing at a CAGR of 8.0% from 2016 to 2024. The high growth may be attributed to the growing demand for these films in Asia Pacific.
• Low-density polyethylene (LDPE) is projected to grow at a CAGR of 7.3% from 2016 to 2024. The high growth may be attributed to their use in agriculture areas with harsh climatic conditions and limited water supply.
• Asia Pacific was the leading consumer and accounted for 70.1% of global revenue in 2015 owing to rising consumer disposable income coupled with favorable government initiatives in the agriculture sector.
• Major companies operating in the global agricultural films industry include AB Rani last Oy, AEP Industries, Al-Pack Enterprises, BASF, Berry Plastic Group, Inc., British Polyethylene Industries PLC, Novamont S.PA, RKW and Triplast Industrier AB.

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Grand View Research has segmented the agricultural films market on the basis of raw material, application and region:

Global Agricultural Films Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

• Low density polyethylene (LDPE)
• Linear low density polyethylene (LLDPE)
• High density polyethylene (HDPE)
• Ethyl vinyl acetate/ ethyl butyl acrylate (EVA/EBA)
• Reclaims
• Others

Global Agricultural Films Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

• Green house
• Mulching
• Silage

Global Agricultural Films Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil  
• Middle East & Africa

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.

Carbon Nanotubes Market Revenue Sales to Reach USD 3.42 Billion by 2022: Grand View Research Inc.

 Global carbon nanotubes market size is expected to reach USD 3.42 billion by 2022, expanding at a CAGR of 14.8%, according to a new study by Grand View Research, Inc. Increasing the application scope of carbon nanotubes (CNT) in end-use industries including polymers, electronics, energy, marine, aerospace, and automotive is anticipated to drive market growth over the forecast period. The government of China, Japan, the U.S., and India have increased funding aimed at promoting nanotechnology at the domestic level which is expected to open new avenues for the market over the next seven years.

Polymers were the largest application segment, accounting for over 60% of the global market volume in 2014. CNT are increasingly being fortified in polymers such as composites and plastic derivatives for improving the electrical, thermal, and mechanical strength of the end product. The growing application of polymers in the construction, automotive, and consumer goods industry is anticipated to have a positive impact on CNT market over the forecast period.

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http://www.grandviewresearch.com/industry-analysis/carbon-nanotubes-cnt-market

Further key findings from the study suggest:

• Global carbon nanotubes market demand was stood at 5,064.1 tons in 2014 and is anticipated to exceed 20,000 tons by 2022, growing at a CAGR of over 18% from 2015 to 2020.
• Multi-walled carbon nanotubes (MWCNT) were the largest product segment, accounting for the majority market volume in 2014. Lower price in comparison to other CNT products is expected to promote market growth.
• Asia Pacific was the largest CNT market, accounting for over 40% of global volume in 2014. Growing plastic and composite industries in China and India on account of increasing domestic demand coupled with low manufacturing cost as compared to North America and countries of EU is anticipated to augment CNT market. Positive electronics industry outlook in China, South Korea, Singapore, Taiwan, and Japan is expected to significantly impact the carbon nanotubes market over the next seven years.
• The global CNT market was dominated by four companies, Showa Denko, Nanocyl, CNano Technology, and Future Carbon, accounting for the lions share in 2014. Product innovation through increased R&D expenditure is anticipated to remain a key critical success factor for the carbon nanotubes market over the forecast period. High manufacturing cost is expected to remain a key challenge for CNT market players.

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Grand View Research has segmented the global carbon nanotubes market on the basis of application and region:

CNT Product Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• Single-Walled Carbon Nanotubes (SWCNT)
• Multi-Walled Carbon Nanotubes (MWCNT)

CNT Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• Polymers
• Energy
• Electrical & Electronics
• Others

CNT Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

• North America
  • The U.S.
• Europe
  • Germany
• Latin America
  • Brazil
• Asia Pacific
  • China
  • Japan
• MEA

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.

Global Peracetic Acid Market Pegged For Strong Growth During The Forecast Period: Grand View Research Inc.

 The global peracetic acid market is expected to reach USD 1.22 billion by 2025, according to a new report by Grand View Research, Inc. The effectiveness of peracetic acid as a biocide and versatility of its usage are expected to drive the industry growth.

Peracetic acid is a colorless liquid having strong oxidizing properties. Food & beverages industry faces various issues due to microbial contamination. It is effective in curbing this activity thus finding widespread applications in the industry. Food & beverage industry has witnessed a positive growth in the recent past, and this trend is expected to continue over the forecast period thus benefitting the market demand.

Peracetic acid, unlike chlorine and sodium hypochlorite, does not degrade into environmentally harmful by-products. Also, it possesses more oxidizing potential than other disinfectants. Growing awareness regarding ill effects of chlorine in water treatment has also prompted the use of peracetic acid.

Various government agencies have approved peracetic acid for direct contact usage in food & beverages applications. Also, environmental regulations are also expected to favor the market growth. Companies have been focusing more on high growth markets such as Asia Pacific to establish manufacturing units in the region to increase their presence.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/peracetic-acid-market

Further key findings from the report suggest:

• The global peracetic acid market demand exceeded 200 kilo tons in 2015 and is expected to surpass 400 kilo tons by 2025, growing at a CAGR of 7.6% over the forecast period
• Water treatment is expected to witness the highest growth over the forecast period. Broad spectrum usage, effectiveness and compatibility with existing water treatment infrastructure are the primarily attributed reasons for this scenario.
• Peracetic acid products suiting specific applications have been developed. This increases the effectiveness of the product used in the particular application.
• Food & beverages application was the leading application segment and accounted for over 30% of total market volume in 2015. It does not leave any harmful residue on the food. It is effective in containing microbial activity and hence is widely used in the processing of products such as fresh vegetables, fruit and meat.
• Europe was the leading consumer and accounted for 38.9% of total market volume in 2015. Asia Pacific is expected to witness the highest growth of 8.3% over the forecast period.
• Occupational exposure to peracetic acid is a cause of concern for manufacturers. However, companies are ensuring strict adherence to guidelines such as Globally Harmonized System of Classification and Labeling of Chemicals (GHS)
• Key industry participants include Solvay S.A., PeroxyChem, Evonik Industries and Airedale Chemical Company.Companies have been trying to gain market share by developing innovative product portfolio.

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Grand View Research has segmented the peracetic acid market on the basis of applicationand region:

Peracetic Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Food & Beverages
  • Bottling & beverages
  • Fresh produce
  • Meats, poultry & seafood
• Health Care
  • Medical
  • Surgical
  • Dental
• Pulp & Paper
  • Bleach
  • Others
• Water treatment
  • Tertiary disinfectant
  • CSO disinfectant
  • Blend disinfectant
  • Others
• Other applications

Peracetic Acid Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa
  • Saudi Arabia

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.

Automotive Tire Market is Growing at Significant Rate, 2024: Grand View Research Inc.

 The global automotive tire market size is expected to reach USD 374.22 billion by 2024 according to a new report by Grand View Research, Inc. Increasing automotive sales especially in countries such as China, India, Japan, and South Korea is anticipated to favorably impact the global automotive tire market over the forecast period. This growth can be attributed to rising disposable income and improvement in the overall lifestyle of consumers.

Technological proliferation and the development of the innovative and environment-friendly green tires have opened up broad growth avenues for the industry participants. Moreover, increasing radial tire up gradation activities owing to its benefits such lesser vibrations, reduced fuel consumption and extended tire life due to less heat generated has favorably impacted the industry growth.

However, stringent emission norms by governments and regulatory authorities worldwide are expected to challenge demand. For example, on September 1, 2010, the California Air Resources Board’s (ARB’s) Tire Pressure Regulation was formulated to reduce greenhouse gas emissions from vehicles operating with underneath inflated tires by inflating them to the suggested pressure rating.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/automotive-tire-market

Further key findings from the report suggest:

• Two wheelers segment is anticipated to grow at CAGR of over 7.5% from 2016-2024. Increasing demand for two-wheelers across the developing countries such as India and China will contribute to the segment growth.
• Increasing manufacturing and infrastructure building activities have spurred the sales of light commercial vehicles (LCV). Growing number of LCVs in Europe has led EU regulatory bodies and OEMs to enhance and improve the safety aspects of LCVs. The passenger car segment dominated the industry with over 40% revenue share in 2015 owing to the increasing advancements and innovations such as Plug-in cars.
• The tire industry has witnessed a remarkable shift from the traditional to the technically advanced radial products. Radialisation of the truck tire market is anticipated to fuel the demand over the forecast period. In 2012, manufacturers in China produced over 50% of the global radial truck tires industry.
• Stringent government guidelines worldwide are expected to regulate the global automotive tire market over the coming years. Asia Pacific dominated the industry contributing to over 40% of the global revenue in 2015. The presence of several prominent automobile manufacturers and ancillaries in the region is expected to generate high demand over the forecast period.
• Key industry participants include Bridgestone, Continental, Goodyear, Michelin, Pirelli and Sumitomo. Manufacturers are gradually adopting innovative production techniques to gain a competitive advantage over others. Vendors are now adopting modern supply chain and distribution strategies such as e-commerce and retail chains to reach efficiently the end-user apart from the conventional supply to automobile assemblers and aftermarket industry.

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Grand View Research has segmented the global automotive tire market on the basis of application, type and region:

Automotive Tire Application Outlook (Revenue, USD Billion, 2014 - 2024)

• Passenger cars
• LCV
• HCV
• Two wheelers

Automotive Tire Type Outlook (Revenue, USD Billion, 2014 - 2024)

• Radial
• Bias

Automotive Tire Regional Outlook (USD Billion, 2014 - 2024)

• North America
• Europe
• Asia Pacific
• Latin America

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.

Network As A Service Market Significant Profits Estimated to be Generated by 2030: Grand View Research Inc.

 Network As A Service Market Growth & Trends

The global network as a service market size is anticipated to reach USD 81.82 billion by 2030, registering a CAGR of 32.9% in the forecast period, according to a new report by Grand View Research, Inc. Network-as-a-Service (NaaS) allows users/customers to rent networking services from cloud providers. It is a cloud model providing networking services through the internet on a (pay-per-use) subscription model. Networking services are offered by network service providers and cloud providers for networking and network security resources such as VPN, WAN, and firewall.

It enables customers to manage and operate on their network without the need to maintain network infrastructure and optimize resource allocations and computing resources as a single unified module. It delivers network services in a subscription-based business model to deliver enterprise-wide area network (WAN) services. It comprises integrated hardware, software, licenses, and managed services. NaaS allows businesses and organizations with subscription hardware, managed services, and full/true.

Network As A Service Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 8.39 billion
Revenue forecast in 2030	USD 81.82 billion
Growth rate	CAGR of 32.9% from 2022 to 2030
Base year for estimation	2021
Historical year	2017 - 2020
Forecast period	2022 - 2030

NaaS is a framework that leverages open application programming interface (APIs), network transformation, service lifecycle automation, and model-driven abstraction. With NaaS, users can streamline new services, automate the order-to-service process, and technology introduction. Additionally, it eliminates manual intervention from the service fulfillment process, improves customer experience by providing error-free service activation, and reduces time to remediate issues.

The market is projected to witness significant growth attributed to the rising deployment of Network-as-a-service, as it is low cost and provides greater scalability. Additionally, growing demand for widespread and high-speed network coverage and increasing adoption and implementation of the cloud for data storage are some of the factors fueling the growth of the market. The rising deployment of public NaaS in several verticals such as BFSI, manufacturing, retail, manufacturing, and transportation & logistics, among others, are contributing positively to the NaaS market growth.

Network-as-a-service enables incessant delivery of features, new fixes, and capabilities, automates multiple processes, optimizes for maximum performance, and orchestrates. It provides security policy enforcement and network monitoring, applications and underlying infrastructure modeling, and firewall and packet capabilities inspection. Additionally, it offers AI-driven capabilities and the ability to proactively route the application traffic to address issues and improve user experience.

NaaS provides businesses and organizations with low latency connectivity, global coverage, and negligible packet loss enabled by a global point of presence (POP) backbone while connecting to platform-as-a-service, software-as-a-service, infrastructure-as-a-service applications, or branch offices. These services can be deployed, ordered, and co-managed. It ranges from network access solutions and managed services, including unified communication services on virtualized customer premise equipment (vCPE) or public cloud.

The report covers the competitive analysis of the top fifteen market players which includes Palo Alto, Amdocs, Megaport, Akamai, Cisco Systems Inc., and Cloudflare. The players are adopting several key strategies and developments such as product launches, partnerships and collaborations, and mergers and acquisitions to obtain a significant share. For instance, in May 2022, Orange Business Services launched the service manage-watch, a supervision solution for applications and network services. It ensures end-to-end monitoring, optimal performance of security at the edge, equipment, user experience, and application to meet consumers’ requirements.

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Network As A Service Market Report Highlights

• The market is expected to witness a CAGR of 32.9% in the forecast period owing to the rising adoption of network-as-a-service and cloud-based network infrastructure. Moreover, trends such as the growing adoption of cloud platforms, ongoing technological advancements, and increasing adoption of BYOD technology in several organizations are propelling the growth
• Based on type, the WANaaS segment accounted for the largest revenue share of over 65.0% in 2021. Cloud-based wide area network (WAN) model is designed to replace legacy WAN, which relied on hardware. It utilizes connectivity protocols such as multiprotocol label switching (MLPS), which are difficult to manage. WANaaS is a specialized managed service suitable for large to mid-size enterprises as it enables rapid deployments, optimizes user productivity and experience, and reduces costs
• Based on enterprise size, the large enterprise's segment dominated the market in 2021 and is expected to witness a significant CAGR of 31.3% over the forecast period owing to the implementation of cloud services by large enterprises for data storage and data centers for workload mobility and benefits of NaaS for such as low latency, higher speed, increased network capacity, and device density
• Based on application, the cloud and SaaS connectivity segment dominated the market in 2021 and is expected to witness a significant CAGR of 33.6% over the forecast period. The growing use of technology and consumer propensity toward the cloud propel the adoption of cloud-based solutions
• Based on vertical, information technology (IT) & telecommunication dominated with a revenue share of 24.1% in 2021. It is expected to grow at a CAGR of 33.1% throughout the forecast period. The growth of this segment is attributed to increasing use-cases and the adoption of cloud services and IT infrastructure
• North America dominated with the largest revenue share of more than 38.6% in 2021, owing to the presence of significant players such as Palo Alto, Amdocs, Megaport, Akamai, and Cisco Systems Inc. Additionally, businesses and organizations are refining their traditional network infrastructure to advanced IT infrastructure, network virtualization solutions, and cloud computing services

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Network As A Service Market Segmentation

Grand View Research has segmented the global network-as-a-service market based on type, enterprise size, application, vertical, and region:

Network As A Service Type Outlook (Revenue, USD Million, 2017 - 2030)

• WANaaS
• LANaaS

Network As A Service Enterprise size Outlook (Revenue, USD Million, 2017 - 2030)

• Large Enterprises
• SMEs

Network As A Service Application Outlook (Revenue, USD Million, 2017 - 2030)

• UCaaS/Video Conferencing
• Cloud and SaaS Connectivity
• Virtualized Private Network (VPN)
• Bandwidth on Demand
• Multi-Branch Connectivity
• WAN Optimization
• Secure Web Gateway
• Network Access Control
• Other Applications

Network As A Service Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• BFSI
• Retail
• IT & Telecommunication
• Manufacturing
• Media and Entertainment
• Education
• Healthcare
• Government
• Others

Network As A Service Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
• Asia-Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

List of Key Players in the Network As A Service Market

• Palo Alto
• Amdocs
• Megaport
• Akamai
• Cisco Systems Inc.
• Cloudflare
• AT&T Inc.
• Verizon Communications Inc.
• DXC Technology Company
• Synnex Corporation
• NEC Corporation
• Hewlett Packard Enterprise Co.
• IBM Corporation

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.

Global Market For Thermal Energy Storage to Witness Tremendous Growth and Expansion by 2027

 Thermal Energy Storage Market Growth & Trends

The global thermal energy storage market size is expected to reach USD 7.74 billion by 2027, expanding at a CAGR of 9.45% from 2020 to 2027, according to a new report by Grand View Research, Inc. Rising demand for cost competitive and efficient energy sources is likely to boost the market growth over the forecast period.

The market is primarily driven by the use of thermal energy storage as a major renewable option for electricity generation. Heat stored by seasonal and short-term thermal energy storage systems helps balance the variations in the production and distribution of renewable electricity in a cost-effective manner. Moreover, it is a sustainable energy source and causes no adverse environmental impact. Growing adoption of renewable energy is expected to positively influence the market growth.

Several thermal energy storage equipment manufacturers and service providers adopt strategies, such as collaborations, joint ventures, partnerships, agreements, and new product development, to cater to the changing technological requirements of different end users, thereby enhancing their foothold across the market. Major manufacturers include Evapco Inc.; Ice Energy; Caldwell Energy Company; and Abengoa Solar, S.A. The manufactured systems include ice thermal energy systems, heating terminals, heating pump chillers, heat exchangers, solar steam systems, air conditioning systems, heliostats, and parabolic trough collectors.

The global market is characterized by high competition and market players are focusing on forward integration by establishing their presence in manufacturing as well as distribution. Distributors in the value chain include thermal energy storage stations and plants, combined heat power (CHP) plants, microgrids, and cogeneration power plants as well as district energy, district heating and cooling, and process cooling.

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Thermal Energy Storage Market Report Highlights

• Molten salt technology occupied the largest revenue share in 2019 owing to its high technological efficiency and usage in several solar power projects
• Ice-based technology is projected to witness significant growth over the forecast period owing to growing applications of ice storage air conditioning
• By product type, sensible heat storage occupied the largest revenue share in 2019 owing to its applicability across large scale heating, ventilation, and air conditioning (HVAC) systems
• Asia Pacific is expected to be the fastest growing regional market over the forecast period owing to growing demand for reliable power supply across developing economies, such as China and India.

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Thermal Energy Storage Market Segmentation

Grand View Research has segmented the global thermal energy storage market on basis of product type, technology, storage material, application, end user, and region:

Thermal Energy Storage Product Type Outlook (Revenue, USD Million, 2016 - 2027)

• Sensible Heat Storage
• Latent Heat Storage
• Thermochemical Heat Storage

Thermal Energy Storage Technology Outlook (Revenue, USD Million, 2016 - 2027)

• Molten Salt Technology
• Electric Thermal Storage Heaters
• Solar Energy Storage
• Ice-based Technology
• Miscibility Gap Alloy Technology

Thermal Energy Storage Material Outlook (Revenue, USD Million, 2016 - 2027)

• Molten Salt
• Phase Change Material
• Water 

Thermal Energy Storage Application Outlook (Revenue, USD Million, 2016 - 2027)

• Process Heating & Cooling
• District Heating & Cooling
• Power Generation
• Ice storage air-conditioning
• Others

Thermal Energy Storage End-user Outlook (Revenue, USD Million, 2016 - 2027)

• Industrial
• Utilities
• Residential & Commercial

Thermal Energy Storage Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Russia
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
  • Brazil
• Middle East & Africa
  • Saudi Arabia

List of Key Players of Thermal Energy Storage Market

• BrightSource Energy Inc.
• SolarReserve LLC
• Abengoa SA
• Terrafore Technologies LLC
• Baltimore Aircoil Company
• Ice Energy
• Caldwell Energy
• Cryogel
• Steffes Corporation

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.

Messaging Security Market Pegged For Strong Growth During 2018-2025: Grand View Research Inc.

 Messaging Security Market Growth & Trends

The global messaging security market size is expected to reach USD 11.10 billion by 2025, according to a new study by Grand View Research, Inc. The market is expected to witness a CAGR of 13.7% over the forecast period, owing to increasing demand for cloud-based secure messaging products and solutions is driving the growth of the market. This can be attributed to the increasing popularity of Software-as-a-Service (SaaS) and virtual appliance-based solutions

Organizations are increasingly utilizing instant messaging applications for external and internal communication, as they are a faster and cheaper mode of communication. However, with the accelerating adoption of this mode of communication, it becomes increasingly important to secure the messaging infrastructure as the communication environment is no longer secure. Hence, it is highly vulnerable to external threats.

Moreover, the increasing adoption of mobile devices is acting as another key driving factor contributing to market growth. The accelerating demand for mobile devices for smoother communication amongst enterprises and its employees, through a network protected against threats, is paving the way for the adoption of secure messaging solutions and thus, facilitating secure access to critical enterprise information.

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Messaging Security Market Report Highlights

• The email protection segment dominated the product segment in 2016. Emails act as an important source for storing critical information. However, their high vulnerability to the virus and spam attacks necessitates the application of security solutions to safeguard emails against threats
• Cloud deployment is anticipated to become the preferred option of deployment for messaging security products and solutions, as it offers greater flexibility, convenience, accessibility, and easy maintenance
• The corporate segment is expected to find the highest application in the next eight years. Corporates possess large amounts of critical data that is required to be safeguarded against external and internal threats
• North America accounted for the largest share in 2016 owing to the presence of prominent market players in this region, who are continuously working on developing new innovative technologies
• The Asia Pacific regional messaging security market is expected to experience the highest growth over the next eight years. This can be attributed to the presence of emerging economies such as India, China, and Australia that are expected to augment their expenditure on security infrastructure
• The list of key industry participants includes Cisco Systems, Inc., Symantec Corp., Trend Micro Inc., McAfee LLC, Barracuda Networks, Inc., Proofpoint, Inc., Panda Security, Clearswift, Forcepoint LLC, and Sophos Ltd.

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Messaging Security Market Segmentation

Grand View Research has segmented the global messaging security market on the basis of product, deployment, end-use, and region:

Messaging Security Product Scope (Revenue, USD Million; 2014 - 2025)

• Anti-virus
• Email Protection
• Messaging Gateway

Messaging Security Deployment Scope (Revenue, USD Million; 2014 - 2025)

• Cloud
• On-premise

Messaging Security End-use Outlook (Revenue, USD Million; 2014 - 2025)

• Corporate
• Residence

Messaging Security Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
  • The U.S.
  • Canada
• Europe
  • The U.K.
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East & Africa (MEA)

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.