Telecom And Wireless Markets Update

Organizations’ increasing demand for protected wireless accessibility for critical application areas, surging prevalence of cyber threats, and growing need for remote data accessibility in businesses are strengthening the prospects for the mobile virtual private network market . In the year 2017, the market attained a size of $525.4 million, and it is predicted to register a CAGR of 19.7% during the forecast period (2018–2023). Field workers, physicians, and the medical staff are rapidly adopting these solutions to access sensitive medical records and healthcare applications via wireless networks. O n the basis of distribution channel, the mobile VPN market is categorized into direct sales, value-added resellers, partners and distributors, and online. Out of these, in 2017, the partners and distributors category contributed over 40.0% revenue to the market.  Geographically, in 2017, North America contributed the largest revenue to the mobile VPN market, and it is also ant...

Under the Health Information Technology for Economic and Clinical Health (HITECH) Act, in the U.S., healthcare organizations and physicians are rewarded for adopting electronic health records (EHR). The program was initiated by the federal government to push the adoption of this technology. Similarly, the governments of various other countries are also trying to encourage public and private healthcare organizations to implement this digital database. Governments have established bodies, including National e-health Authority in India, which is meant for developing standards and rules for developing EHR. Since the data on paper is being digitized rapidly, software such as EHR have become important for big data analysis. It enables healthcare providers to gain qualitative and useful insights of patients’ data. Through the use of services such as predictive and descriptive analytics, big data analytics helps in providing patient-centric personalized medicine, decreasing patients’ health...

The global self-checkout systems market is being driven by numerous factors, such as their ease of use and faster check-out speed as compared to manual handling and the fact that these solve the issue of labor shortage. In 2017, the market was valued at $2,522.1 million, and it is expected to grow at a CAGR of 10.7% during the forecast period (2018–2023). Self-checkout systems scan products, provide their details and take payments, thus leading to a complete transaction at a retail store. One of the factors driving the self-checkout systems market is the smooth user experience that these systems offer in terms of being less time-consuming by helping people avoid long queues at the billing counter and keeping human interaction to the minimum. Such systems offer a well-rounded experience in terms of services that consumers expect from store attendants. This results in a faster shopping experience, as customers can simply generate the final bill themselves without having to w...

The cyber insurance market   is progressing due to the increasing criminalization of the internet, significant cyber-attack risk to the supply chain, and strict regulations regarding cyber security. The market valued at $3,416.4 million in 2016, and it is projected to grow at an over 20.0% CAGR during the forecast period (2017 – 2023). Cyber insurance helps minimize the damage caused by internet-based risks, generally relating to the information technology (IT) infrastructure and activities. Cyber insurance policies include first-party coverage against extortion, denial of service (DoS) attacks, data destruction, theft, and hacking. DoS attacks, which attempt to deter legitimate users from accessing the information system, are trending in the cyber insurance market.  The major purpose of these attacks is to disrupt the revenue generation channel. They have impacted many big and small businesses, such as Dyn, a service provider, which was impacted by the distributed den...

The growing need for higher bandwidth in the light of rising internet users and increasing data traffic is notable in the optical networking and communication sector . Further, the surging dependence of economies and businesses on smooth connectivity is leading to the growing requirement for higher bandwidth, which, as a result, is transforming the domain globally. Optical networking is widely being adopted due to the widespread commercial and consumer necessity for faster internet services. Furthermore, a significant use of high-data-rate applications is resulting in the growth of the domain. Also, the increasing number of smartphone users and data centers and the escalating the use of data-intensive application across the world are propelling the growth of the sector. With the rising adoption of internet of things (IoT), strong network capacity has become quite important. Additionally, the surging number of connected devices, coupled with the adoption of data-intensive applic...