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...

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...