Telecom And Wireless Markets Update

The global energy managementsystem market was valued at $39,520.0 million in 2017 and is forecasted to witness a CAGR of 19.3% during 2018–2023. Volatility in energy prices, stringent government policies, and rising power consumption are the key factors driving the growth of the energy management system market.   Due to the increasing demand for electrical energy and decline in the resources used for its production, consumers will ultimately have to turn to more expensive forms of energy, which will result in higher expenditure. Extreme weather conditions, adequate energy supply (majorly in developing and under-developed nations), and economic development are some other factors that trigger the rise in energy prices. These factors drive the demand for energy management systems (EMS), as they provide users with real-time consumption information. Through this information, an individual can keep track of his/her energy consumption, which can be helpful for reducing their energy us...

Rising digital transactions, increasing data breaches and cyber-attacks, growing adoption of bring your own device (BYOD) among enterprises, stringent data privacy regulations and the growing pressure of data security compliances are some of the key factors driving the growth of multi-factor authentication market across the globe. Multi-factor authentication is a process that requires more than one type of authentication from different categories of credentials to validate the identity of an individual for login or other transactions. Presently, multi-factor authentication is being used by various organizations to implement an additional layer of security that needs users to authenticate via knowledge, possession, and inherence factors to gain access to the organizational resources. Request to get the report sample pages at  :  https://www.psmarketresearch.com/market-analysis/multi-factor-authentication-market/report-sample The growing adoption of BYOD among enterpris...

The connected logistics market  is projected to reach $73,846.1 million by 2023 at a 33.0% CAGR during the forecast period (2017–2023). The market is growing due to the increasing adoption of smart devices and demand for temperature-sensitive products’ management and a significant decline in the cost of sensors. In order to make the traditional logistical processes more customer-centric, connected logistics uses a set of advanced network connections, communication devices, and internet of things (IoT). This is achieved by sharing logistical information, historical facts, and relevant data with the supply chain partners. In terms of software, the connected logistics market is divided into security, data management, warehouse IoT, asset management, streaming analytics, and network management. Asset management contributed the highest revenue to the market in 2016. However, the security division is expected to grow at the highest CAGR during the forecast period as it offers tran...