2016-08-04

Laser Diode Market Pegs Growth at a CAGR of 11.2% by 2025 - The Insight Partners

Laser diodes offer advantageous features such as compact in weight and size, work on low current, voltage, and power supplies, have low maintenance and efficiency and a wide angle beam. Thus, the technology is utilized across numerous end-use application sectors such as healthcare, consumer electronics, military & defense, industrial, manufacturing, automotive and instrumentation & sensors among others.

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China led the laser diode market in Asia Pacific (APAC) in 2015 and is expected to continue its dominance by rising at a CAGR of 11.8% during the forecast period from 2015 to 2025. Increasing demand for advanced technology in the healthcare and industrial markets is driving the growth in the laser industry. Moreover, there is a sharp rise in demand for laser diodes within the defense & security verticals for applications such as neutralization of the opponent’s weapon systems, airborne laser mine detection system (ALMDS), range finding, anti-missile systems, and target designation.

The U.S. led the laser diode market in North America in 2015 at a revenue share of 59.89%. Even though there is huge demand for laser diodes in the upgrading of wireless technology, the sale of fiber lasers continues to gain momentum in North America due to their demand in FTTH applications. It is anticipated that the fiber laser technology would evolve during the forecast period and 100 Gb/s would become the norm with the focus shifting to the metro/regional landscapes. Furthermore, North America is witnessing an increased demand for laser cutting machines and industrial laser applications due to the significant use of these machines across several end-use verticals such as automotive, defense & aerospace, and consumer electronics.

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The global laser diode market has been bifurcated on the basis of wavelength into red laser diode, blue-violet laser diode, blue laser diode, infrared laser diode, and others (ultraviolet and green) laser diodes. The visible range for human eye is 400 nm – 700 nm, while the highest possible wavelength seen by the human eye is 555 nm. Green laser diode being the nearest to the peak of the eye’s sensitivity is a standout when compared to the other laser diodes such as blue, violet, and red.

Brazil led the South America (SAM) laser diode market in 2015 and is likely to continue its dominance by expanding at a CAGR of 12.2% during the forecast period from 2015 to 2025. Brazil boasts of the largest manufacturing sector in SAM, which accounts for nearly one-third of SAM’s GDP. Brazil has an array of industries ranging from automobile, steel, and petrochemicals to computers, aircrafts, and consumer durables that deploy laser diodes in their applications.

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The report profiles key players such as Coherent, Inc., Newport Corporation, Panasonic Semiconductor Solutions Co. Ltd., IPG Photonics Corp., Sharp Corporation, ASML Holding NV, Trumpf GmbH+ Co. KG, Sumitomo Electric Industries, Ltd., Rofin-Sinar Technologies Inc. and Axcel Photonics, Inc.

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About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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2016-08-04

Telecom Billing and Revenue Management Market is expected to grow at a CAGR of 10.7% to reach US $25.27 Billion by 2025.

In the last few decades global telecom operators and Communication Service Providers (CSP’s) have experienced a significant change in numbers of end-users and their varying demands. Value added and data services have emerged as one the prime revenue sources in comparison to voice communication revenues, highly growing demographics across the regions and there dynamic demands for services has boosted the telecom sector and also the need for lowering the administrative costs with optimized operational expenses (OPEX).

According to the new Market research study published by The Insight Partners, The global Telecom Billing and Revenue Management Market was valued at US $9.27 billion in 2015. The market of telecom billing and revenue management is expected to grow at a CAGR of 10.7% between 2016 and 2025, to reach US $25.27 Billion in 2025.

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One of the prime factors that are driving the global telecom billing and revenue management market include increasing mobile penetration worldwide and high growth in the subscriber base in various regions. High capital expenses (CAPEX) involved in upgrading the existing network infrastructure and establishing new one, along with complex regulatory environment are few factors hindering the global market

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The telecom billing and revenue management market is bifurcated on the basis of solution, services and deployment type, the solution segment is further divided on the basis of Billing and Charging Software, Mediation Software, Fraud Management Software, Revenue Assurance Software, Partner and Interconnects Management Software. Services segment is further divided on the basis of managed services, consulting services and operations services, and system integration services. The market is further classified on the basis of deployment model into cloud-based deployment, on-premise deployment and hybrid deployment.

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China dominate the telecom billing and revenue management market in Asia Pacific (APAC) in 2015 and is expected to continue its supremacy by growing at a CAGR of 12.5% during the period of 2016 to 2025. Increasing demand for advanced billing and revenue management solutions in the telecom market is driving the growth in the telecom billing and revenue management industry. Moreover, there is a rise in demand for cloud services, on-cloud deployment of solutions and services is rising as one of the prominent options in comparison to on premise deployment.

Some of the major players in telecom billing and revenue management market include, Accenture PLC, Amdocs, Inc., Alcatel-Lucent S.A.,CERILLION PLC, Ericsson, CSG Systems International Inc., goTransverse International Inc., SAP SE, Redknee Inc., XURA, Oracle Corporation, Redknee, Inc., NEC Corporation, XURA , Hewlett-Packard Development Company, L.P., and Huawei Technologies Co., Ltd.

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2016-08-04

Smart Lighting Market is expected to grow at a CAGR of 17.1% to reach US$ 51.05 Bn By 2025.

The smart lighting system offers energy-efficient solutions that comprises of advanced characteristics such as organized fixtures and automated controls regulating and adjusting lights in accordance with the environment. These solutions concentrate on increasing the efficacy of lighting through continuous innovation in a wide array of smart lighting systems already available in market. This technology would enable users to operate and govern the lighting systems using their mobile phones. Growing demand of user-friendly, economical and low energy consuming solutions and development of wireless and sensor technologies are projected to bolster the global market.

According to a new market research study titled ‘Smart Lighting Market to 2025 – Global Analysis and Forecast by Lighting Type, Application and Connectivity Technology’, the global smart lighting systems market was valued at US$ 10.55 Bn in 2015 and is estimated to reach US$ 51.05 Bn by 2025. The report highlights the trends prevalent in the global market and the factors driving the market along with those that act as deterrents to its growth.

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The market is further segmented on the bases of lighting Type into. Light Emitting Diode (LED) Lamp, Fluorescent Lamps, Compact Fluorescent Lamps (CFL), High Intensity Discharge Lamps and Others (Neon Lamps and Photographic Flashes). Furthermore the segmentation is based upon application of smart lighting viz. Industrial lighting, Commercial lighting, Residential lighting, Outdoor lighting, Automotive lighting and Government. According to the geographic regions, the market is segmented into Europe, Middle East & Africa (MEA), Asia Pacific (APAC), North America and South America (SAM).

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In 2015, USA was leading the smart lighting market in North America, and is expected to lose its share to other major North American countries such as Canada and Mexico during the forecast period of 2016-2025. Where U.S would be growing at a CAGR of 13.7%, Mexico and Canada are expected to grow at a CAGR of 16.0% and 18.3% respectively.

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Europe dominate the global smart lighting market, however, they are expected to lose market share to APAC during the forecast period. The APAC region is expected to register a growth rate of 23.7% during 2016 to 2025. The report profiles key players such as Konjnklijke Philips N.V., Osram GmbH, Lutron Electronics Co. Inc., Lutron, Legrand S.A., Acuity Brands, Digital Lumens, Inc. and Zumtobel.

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About The Insight Partners:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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2016-08-04

Software as a Service (SaaS) Market is Projected to grow at a CAGR of 28.3% to reach to reach US$ 418.92 Bn by 2025.

Capital investments for setting up IT infrastructure in all organizations is a bit challenging issue, especially for small organizations and startups that lack sufficient funds. In addition, problems faced in scaling up or down the operations and additional deployment of human personnel for handling the IT, thus further ads up to the woes of organizations. It also leads to increased financial pressures and more time to reach the break-even for the respective organization.

According to the new Market research study published by The Insight Partners, The Global Software as a Service Market was estimated at US$ 34.78 Bn in 2015. This market is expected to grow at a CAGR of 28.3% between 2016 and 2025, to reach US$ 418.92 Bn in the year 2025.

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Currently, almost 80% of the SaaS-based deployments are off-premise and third party operated. This deployment model is the public cloud model. Public cloud models are preferred mostly by smaller organizations to store, manage and process efficiently less critical and sensitive data. Larger organizations generally prefer private or hybrid cloud deployment models for their mission critical data. Lesser investments and easy integration with the legacy systems have made the adoption of public cloud deployment model more attractive among the organizations.

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The global software as a service market has been segmented on the basis of deployment model into private cloud, public cloud and hybrid cloud. The global software as a service market is further segmented on the basis of applications into Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Human Resource Management (HRM), Supply Chain Management (SCM) and others. Additionally, this market is also segmented on the basis of end-users into Small and Medium sized enterprises, Large Scale Enterprises, Government. Geographically, the global software as a service market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).

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In 2015, Brazil led the software as a service market in South America (SAM), and is expected to continue its dominance by expanding at a CAGR of 29.4% during the forecast period from 2016 to 2025. Brazil is expected to witness rising adoption of software as a service model due to rise in the number of small and medium scale organizations. The report profiles key players such as ADP LLC, Amazon.com, Google, Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, Inc., SAP SE, Symantec Corporation, Fujitsu Limited and Workday, Inc.

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2016-08-04

Public Cloud Market: Industry Analysis & Opportunities-The Insight Partners

Cloud services act as the storage or third party vendors where the data of organization is stored for various purposes. The stored data is then retrieved for analytical purposes. The public cloud domain denotes, the cloud services offered over a public network that can be accessed remotely. The biggest advantage of having the public cloud model is that organizations will have limited concerns regarding the storage and maintenance of data. The setup is off-premise and the architecture type is multi-tenant where a number of organizations share the computing space of the third-party vendor. SME`s will be gain more benefits as they outsource the storage and maintenance of their data to third-party cloud vendors and thus save a lot on capital investments in setting up infrastructure. Cost savings, rapid building, testing and lesser time-to-market the product has attracted a lot of businesses across various verticals to adopt the public cloud technology.

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Over the past decade, the software industry has witnessed massive changes. The deployment of cloud models by organizations being the foremost of them due to the stated advantages it offers. Highly scalable nature of businesses prompt them to opt for cloud based services as the data at storage centers can be scaled up and down as per the user requirements. Additionally, the pricing structure followed by the public cloud vendor’s model is generally pay-as-per-use. The organizations especially SME’s do not have to pay huge amounts in one go and thus makes it highly desirable for them to deploy public cloud model for their business operations. Core competency of businesses is maintained and hence allows them to stay competitive in this highly dynamic market.

Reduced operational costs and the plethora of solutions that are business specific offered from a single source are the primary drivers for the public cloud services market. Need for a scalable, flexible, easy and efficient IT infrastructure is also driving this market considerably. Human errors are minimized as the operations are totally machine operated and eventually attracts the organizations to adopt the public cloud services. The above drivers are the reasons behind the exponential adoption of this market.

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In spite of being significantly adopted in developed countries of the world, the growth of public cloud services has experienced few constraints. Security concerns regarding the privacy of data has been the major restraining factor for this market. The internet connectivity requirements for this cloud model is high and in countries with poor connectivity will impact the implementation of public cloud. Also, the integration of the model with the legacy systems has been a restraining factor. The other restraints for this market include outages and data mobility.

The global public cloud market has been segmented by types into hardware, software and services. Further the public cloud market has been fragmented on the basis of delivery model into SaaS, PaaS and IaaS. In addition, this market has been further segmented based on end-users, namely: SME’s and large enterprises. Public cloud market segmentation is also done on the basis of industry verticals that includes BFSI, Telecommunications, Hospitality & Retail, Government, Manufacturing and Healthcare.

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North America leads the global public cloud market due to remarkable technological advancements and socio economic development of the region.. Europe which is another major industrial hub has been contributing to the growth of public cloud market. The NORDIC region in Europe with many small industries has largely contributed to the European market share for the public cloud market. Additionally, steadily catching up with these regions is the APAC region with developing countries like India and China gradually investing in public cloud technologies. Some of the key players operating within the global public cloud market include Microsoft Corporation, Salesforce.com, Cisco Systems, Inc., VMWare, Google, Inc., Oracle Corporation, and Eucalyptus among others.

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