Information and Technology

Market Highlights According to MRFR analysis, the Global CAD Market was valued USD 7.47 Billion in 2018 and is expected to reach USD 14.18 Billion by 2025, at a CAGR of 10.0 % during 2019–2025. Factors driving the growth of the market include rising government initiatives to develop smart cities that allows real-estate sector to build smart space buildings and infrastructure, rise in adoption of cloud-based 3D CAD software, 3D modeling in public infrastructure that includes energy and utilities and construction, and adoption of 3D printing in manufacturing sectors. Additionally, the integration of 3D CAD tools with virtual reality is expected to be one of the new revenue pockets for the CAD market during the forecast period. On the other hand, the adoption of building information modeling (BIM) solutions and cloud-based CAD solutions may eventually lead to data breaches; these are likely to hinder the growth of the CAD market during the forecast period. The global CAD market has been

Market Overview Market Research Future (MRFR), in its new research report, emphasizes that the global property management market 2020 is thriving and expected to grow exponentially over the review period, securing a substantial market value of USD 21.4 Billion by 2025, and a healthy 7.3% CAGR in the forecast period. Drivers and Restraints Increasing competition for property managers to control the property portfolios effectively drives the overall property management solutions industry. In addition, increasing demand for SaaS-based applications and expanded spending by property managers in different innovations are driving the market. In particular, the use of property management by property managers is growing due to the versatility it provides them. Often, with the entry into the industry of multiple property management companies, property managers have several vendors to review before picking one, which in turn intensifies business competitiveness. Also, with the advent of more aff

Bluetooth Low Energy (BLE), formerly known as Bluetooth Smart aims to revolutionize the way users experience the IoT by providing powerful wireless network capabilities while being highly power-efficient. The Bluetooth Smart & smart ready market is set to witness modest growth over the forecast period due to the technology evolving as a scalable, power-efficient wireless networking solution that has highly advantageous opportunities for growth in smart homes, building automation, retail, and location-based applications. Market Research Future (MRFR) has recently released a market report that delves into the various market segments that make up the market to accurately identify trends, opportunities, challenges, and restraints as well as provide unique insights. MRFR has predicted a moderate CAGR of 3.1% during the forecast period of 2017 - 2023, and an estimated market value of USD 5.07 billion by 2023. Rapid growth and demand for wireless sensors in various technologies is a driv

Market Overview The recent research report published by Market Research Future (MRFR) asserts that the global market is slated to acquire a substantial revenue generation of more than USD 3.27 billion recorded ni 2018, at a moderate CAGR of 10.6% over the review period. Drivers and Restraints The numerous factors contributing towards the growth of the global system monitoring market are the growing demand for improved optimization of business operations in organizations in several industries, along with the development of outsourced IT infrastructure management. The additional factors driving the market growth are the increasing demand across small and medium enterprises for remote monitoring systems is also expected to fuel the growth of the market over the review period. On the other hand, the lack of awareness concerning system monitoring technology is poised to account for a limitation to the global market for system monitoring solutions. Segmental Analysis The segmentation of the

The global market for hyperscale data center can touch a valuation of USD 105 billion by 2023, says Market Research Future (MRFR). MRFR, in its latest report also reveals that the market seems to exhibit signs of achieving a growth rate of 28% from 2017 to 2023, which is the forecast period. Market Boosters and Key Barriers The hyperscale data center market can note considerable growth over the coming years, thanks to the mounting demand for networking, rising computing, storage and memory resources in grid or distributed computing environments. Cloud computing has completely revolutionized the data storage requirements, and its fast-paced expansion is projected to boost the product demand during the review period. It helps supports cloud services and can be incorporated in low-priced off-the-shelf servers. Flexibility, as well as cost-efficiency of the product, can benefit the market in the following years. Cloud companies have been making massive investments in hyperscale data cente

The global Bluetooth smart and smart ready market is expected to exhibit a strong 3.1% CAGR over the forecast period from 2017 to 2023 in order to reach a valuation of USD 5.07 billion by 2023, according to the latest research report from Market Research Future (MRFR). The report provides a clear overview of the global Bluetooth smart and smart ready market, including an analysis of the market’s leading drivers and restraints, key players, and major operations currently ongoing in the market. Leading competitive strategies employed by the major market players are also elaborated upon in the report to compile a detailed analysis of the competitive landscape of the market. Bluetooth smart and smart ready is the second generation of Bluetooth, and comprises Bluetooth technology that can run on less energy and costs. Consistent upgrades in Bluetooth technology over the years have resulted in the promising development of Bluetooth smart and smart ready products, which are likely to be vita

Overview: Virtual reality and augmented reality when come together it becomes challenging to differentiate them from the reality. It is known as mixed reality and gives a thrill which is gaining much momentum in the gaming and entertainment industries. The global mixed reality market can expect a stellar 27% CAGR during the forecast period (2016-2022) and scale a massive valuation of USD 212 million during that time. Market Research Future (MRFR) in their report has included various other sectors such as sports, healthcare, education, navigation, and travel that can incorporate mixed reality to gain maximum benefits in respective fields. The aerospace sector can also contribute to the burgeoning process of the mixed reality market. With the rise in market participant number and increasing investment in the area of Internet of Things (IoT), this sector can witness unprecedented growth. Industry Trend: Microsoft has recently updated all with their latest modern workspace concept where M

As per the latest report published by Market Research Future (MRFR), the global cloud robotics market is projected to surge at a CAGR of 29% from 2016 to 2022 and reach a valuation of USD 17 Bn. Cloud robotics has emerged as primary segment of cloud technology, which is a combination of cloud storage, cloud computing and other internet technologies. They are collectively applied to create converged infrastructures. Cloud robotics hold tremendous potential in an IT ecosystem of an industry. The fact that cloud robotics has characteristics of both cloud and robotics makes it a technology ready for the future. Its functionalities are based on elements such as actuation, sensation, control, ubiquitous, and convenience. Rising automation trends and increased credibility of cloud infrastructure is paving the way for cloud robotics. Industries are increasingly focusing on automation to achieve economies of scale, which is leading to development of cutting-edge robotics technologies such as c

Market Research Future (MRFR), asserts in its recently published research report, that the global power supply in packaging and power supply on chip market might reach approximately USD 2,300 Mn by 2023, at a significant CAGR throughout the review period. Drivers and Restraints Simple manufacturing process of PSiP and PwrSoC in comparison with conventional DC to DC converters ICs is one of the major factors fueling the power supply in package (PSiP) and power supply on chip (PwrSoC) market growth. PwrSoC and PSiP is a superior technology, which eliminates the need for external components and provides a shorter version of the design process when compared to DC-DC converter IC. Moreover, incorporating mixed-signal technology with PSiP and PwrSoC IC is another major factor driving their adoption over the review period. The distinct offerings of these compact ICs with low power consumption and affordable manufacturing cost with greater functionality and fault management for numerous appl

Market Research Future (MRFR) has released a new market intelligence report on the global next generation biometrics market. The report provides readers with a clear view into the global next generation biometrics market’s probable growth trajectory over the forecast period from 2017 to 2023 based on a detailed study of the market’s historical growth trajectory and key factors affecting the market growth. The global next generation biometrics market is expected to exhibit a strong 18% CAGR over the forecast period from 2017 to 2023, rising to a valuation of USD 32 billion. Next generation biometrics are used for identification and access control in a number of varied industries. Biometrics utilize unique body markers such as fingerprints or iris patterns instead of physical objects such as cards or codes to identify individuals. This makes them inherently more secure than conventional security apparatus, as biomarkers are much harder to copy and misuse than other methods of access con

Overview The boom in ecommerce worldwide has given impetus to an increased usage for web performance tools. Market reports connected with the semiconductors and electronics industry have been made accessible by Market Research Future who publishes reports on other sectors that have been currently published along with a report on this industry. The expansion of the market is expected to carry on at a 9% CAGR in the forecast period. The richer level of functionality demanded from websites and apps is one of the primary factors fuelling the growth of the market over the forecast period. Increasing level of performance issues in websites that are online currently need to utilize various web performance tools to achieve maximum traffic and thus achieve the objective of the website. The rising adoption of web performance solutions in IT and telecommunication industry verticals is anticipated to motivate the progress of the market optimistically in the upcoming years. Segmental Analysis The

The global machine-to-machine (M2M) connections market can expect to touch a valuation of USD 27.05 Billion by 2023, reveals Market Research Future (MRFR). MRFR also believes that the market can attain a growth rate of 9.9 % between 2017 and 2023, which refers to the forecast period. Primary Drivers and Top Challenges Machine to machine (M2M) services can be described as any technology that allows the exchange of information between network devices, following which they can take action with no intervention of human beings. M2M services are in high demand across a wide range of industries, including banking and financial institutions, retail, healthcare, telecom, and IT industry, oil and gas, transportation and automotive, as they help elevate the productivity, efficiency and safety of the establishments. At present, the whole world is shifting towards Industry 4.0, with artificial intelligence (AI), the internet of things (IoT) and analytics boosting decision-making, productivity as w

Overview GPS trackers are being used increasingly in recent years primarily because of the development of applications and gadgets that enable geo-tracking. The Market Research Future (MRFR) has stated that the global GPS tracker market will expand at a robust CAGR of 14.42% during the forecast period. Increasing compatibility with smartphones, precision navigation & tracking, and simplified operations are causing the GPS tracker market to augment further. The use of GPS trackers is leading to reduced labor costs, elimination of employee frauds, enhancement in customer service, and better management of field personnel activity pushing the market exponentially. GPS trackers are applied in various solutions by food delivery companies, leading to the escalation of market growth during the forecast period. An upsurge in the on-demand fleet management solutions in the transport and logistics sectors is prompting extensive growth in the GPS tracker market. Due to this, transportation an

Most businesses are moving online to expand their profit margins, and web performance or site performance is an essential tool for online success. Web performance is basically the time that a website takes to load and measuring web performance involves measuring the perceived and actual speeds of an application. Market Research Future (MRFR's) has launched a comprehensive report on the global web performance market, which provides valuable insights on the market backed by historic data and forecast for the period of 2017-2023. MRFR's analysis has projected the web performance market to reach USD 6 Bn at a CAGR of 9% over the forecast period. Websites these days have so many features that they struggle to maintain a high level of performance across a variety of devices and network conditions. The website content must be quick to load to ensure seamless user experience. In addition, search engine ranking also improves with web performance. Thus, various businesses operating onli

Market Scenario The global ultrasonic NDT equipment market is anticipated to surpass a valuation of USD 2.47 billion, attaining a CAGR of 9.87% during the forecast period (2017-2023), Market Research Future (MRFR) reveals in a detailed analysis. Ultrasonic non-destructive testing (NDT) can be defined as a method to determine the physical attributes of a test piece like impact resistance, ductility, ultimate tensile strength, fracture toughness, and others. Ultrasonic NDT uses high-frequency sound waves to detect flaws, dimensional measurements, material characterization, and others. Market Potential and Pitfalls The global ultrasonic NDT equipment market is predicted to expand at breakneck speed in the foreseeable future. The market is likely to be influenced by the growth witnessed in the wind energy sector, expansion in the defense & aerospace sector, and the introduction of new growth opportunities for the natural gas market. The extensive use of array equipment in radiography,

Market Research Future (MRFR) has announced a new report on the global electronic shutter technology market. The report provides readers with accurate projections about the electronic shutter technology market’s likely future growth trajectory based on a detailed analysis of the market’s current and historical growth patterns. The internal structure of the global electronic shutter technology market is also elucidated in the report with the help of a detailed look at the segmentation and competitive landscape of the market. The internal and external dynamics affecting the electronic shutter technology market are studied in the report to assess their probable impact on the market over the forecast period. The major regulatory factors affecting the global electronic shutter technology market are also assessed in the report in order to give readers a comprehensive view of the market. Electronic shutter technology has replaced conventional, mechanical shutters in cameras. Instead of mecha