Wednesday 8 February 2017

Dearth of Banks in Emerging Economies Brings in Lucrative Opportunities for Mobile Wallet Industry

The global market for mobile wallets is highly consolidated in nature and led by a few key players, states a research report by Transparency Market Research. In 2012, the leading players, including Paypal, Google Wallet, and ISIS (Softcard) collectively represented a share of 70% in the global mobile wallet market. Being a price-sensitive market, interoperability is considered to be the key factor fuelling the growth of the market. Additionally, frequent partnerships between competitors for standardization are expected to supplement the growth of the market in the coming years.

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According to the research study, the global mobile wallet market is expected to reach a value of US$1,602.4 bn in 2018, rising from US$675.0 bn in 2015. From the geographical perspective, the Europe, the Middle East, and Africa segment is expected to lead the global mobile wallet market and account for a 39.5% share by the end of 2018. The growing population in Africa and consumer preference for mobile payments, owing to low penetration of banks, is expected to bolster the mobile wallet market in EMEA.

Increasing Number of Retail Outlets to Benefit Global Mobile Wallet Market

Among the key application segments, the retail segment is estimated to lead the global market and account for a 46.4% share by the end of 2018, followed by the segment of vending machines. The retail segment is projected to witness immense growth thanks to the rising global demand and the willingness of consumers to make use of mobile wallets for frequent and small purchases. “The rising number of retail stores worldwide and the convenience of payment using mobile wallets are the primary factors augmenting the growth of the retail segment of the global market,” states a TMR analyst.

By consumer type, the card users segment is projected to lead the global mobile wallet market and reach a value of US$793.2 bn by the end of 2018. The rising number of card users and the increasing added benefits of cards are expected to drive the market in the next few years.

Government Initiatives for Online Payment Activities to Propel Mobile Wallet Market

The rising penetration of smartphones and the growing use of mobile data are the primary factors propelling the global mobile wallet market. Merchants and retailers who are a fundamental part of this process also offer diverse benefits to users that can be availed with an active mobile data connection. Additionally, mobile wallets offer convenience to users as they provide a platform for complete management of a user’s finances in one device. The convenience of paperless transactions and easy access to cashless payment portals through smartphones are expected to boost the demand in the coming years, says a TMR analyst.

As numerous developing countries do not have proper access to mainstream financial services, several financial institutes, governments, and telecom companies are coming together to bridge this gap. Government initiatives to encourage online payments are expected to drive the global mobile wallet market in the coming years.

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Security Concerns to Dampen Growth of Global Mobile Wallet Market

The risk of financial credentials being stolen and the possible loss of a mobile-wallet-equipped device are the primary factors restraining the growth of the global mobile wallet market. Nonetheless, the untapped opportunities in developing economies are expected to encourage the growth of the market in the coming years.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Hybrid Cloud Computing Market : Trends, Growth Propellers, Segmentation And Top Players

Hybrid cloud computing is a combination of two or more clouds that are bound together but are distinct entities. It is basically a composition of private, public, and community cloud services from different service providers. By integration, aggregation, or customization with another cloud service, the hybrid cloud computing service allows the user to extend either the capability or capacity of a cloud service. For example through the addition of externally available public cloud services, hybrid cloud computing can extend the capabilities of the enterprise to deliver a specific business service. The adoption of hybrid cloud depends on a variety of factors, such as the level of control over data, data security and compliance requirements, and which application the organization is using. Hybrid cloud computing is emerging as a major trend in cloud computing services as cloud providers and cloud users mature.

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As the need for scalable, agile, and cost-effective cloud computing solutions increases among organizations, the need for standards for interoperability between existing systems and cloud services is rising, driving the hybrid cloud computing market. Moreover, there is increasing demand for digital services and their applications, which is fuelling the growth of the market. However, factors such as infrastructure dependency and lack of privacy and data protection are expected to slow down the growth of the hybrid cloud computing market. Companies that are new to the market are combining both private and public models, i.e. the adoption of hybrid cloud is rising, which is expected to provide huge opportunity for the market to grow.

The global hybrid cloud computing market is segmented on the basis of solution, service, service model, organization size, vertical, and region. In terms of solution, the market can be segmented into cloud management and orchestration, security and compliance, disaster recovery and hybrid hosting. The market is also classified on the basis of service into professional services and managed services. On the basis of service model, the market is segmented into software as a service (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS) and. In terms of organization size the market can be segmented into small and medium enterprises (SMEs) and large enterprises. In terms of verticals, the market can be segmented into BFSI, consumer goods and retail, education, government and public sector, healthcare and life sciences, manufacturing, media & entertainment, telecommunication, and information technology enabled services (ITeS). The market is segmented in terms of geographical regions into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa (MEA). Asia Pacific is expected to lead the hybrid cloud computing market in the coming years due to the increasing utilization of cloud services and data centers by organizations. Moreover, large enterprises are combining private and public cloud more frequently, which is likely to fuel the growth in the region during the forecast period.

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Industry participants leading the hybrid cloud computing market with the most significant developments are Hewlett-Packard, Microsoft Corporation, Equinix Inc., Oracle Corporation, VMware Inc., Citrix Systems Inc., IBM Corporation, Cisco Systems, Rackspace Inc., and Amazon Web Services Inc.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


Fault-Tolerant Servers Market - Segmentation, Drivers and Restraints, Regional Outlook

Fault torrent servers enables a network or computer system to deliver uninterrupted services. The fault torrent technology’s purpose is to prevent complete failure that originates from fault at a single point. It also resolves probable service interruptions related to logic or software errors. These systems are designed to compensate multiple failures in the enterprises. These systems automatically detects a failure of the input/output system, motherboard, computer systems, network components and others. The failure point is detected and backup procedure immediately takes place in the server. Enterprises need fault tolerant servers to prevent crash of the crucial systems & networks and resolves issues related to uptime and downtime

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The fault tolerant servers are designed to maintain high availability of computer systems and networks in the enterprises where critical data and operations are to be kept safe and accessible. A high availability group consists of sets of independent servers united together to provide system wide distribution of critical data and resources. These groups monitor each and every networks condition and provide fault recovery to guarantee applications remain accessible. A fault-tolerant server switches backup componentry to sustain high levels of system performance and availability.

The factor favorable to the growth of fault-tolerant market include increasing adoption of technologies such as Internet of Things (IoT), cloud computing, and big data & analytics in the enterprises, backed by the growing need for businesses efficiency in compliance control and for high availability of the system. The growth of the market is expected to be hindered by high cost of fault-tolerant system. However, fault-tolerant server market is expected to witness immense growth opportunities from the e-commerce, IT and Telecom, BFSI, and healthcare which require uptime for critical IT and other applications and services at the center. Furthermore, organizations are expected to invest in effective server technology to enable quick workflow, easy, cost-effective management of fault-tolerance, while minimizing the risk of downtime.

The fault tolerant server market can be segmented on the basis of component, enterprise size and end-user. Segmentation based on component includes hardware and software. Segmentation based on enterprise size includes large enterprises and small & medium enterprises. Furthermore, segmentation based on end-user includes information technology, banking, financial services and insurance (BFSI), healthcare, telecom, aerospace, e-commerce and others., In e-commerce sector the large software are stored at the server and required online connectivity so it required fault-tolerant servers to detect failure errors and backup with a solution within a less time. Mission critical applications also need fault tolerant servers to achieve high availability such as in airplanes which has many redundant systems to provide continuous functioning. The fault tolerance are capable to detect one or more failure in the system and keep continuous operation.

In computing environments, fault tolerance is a key component in the operation of systems and design. The fault tolerant is being used for business critical applications for absolute uptime. In today’s world companies deploy it for online usage, exchange of email and for different applications used in the companies. For these, the companies need to be supported with the backup solution. Therefore they deploy server error dictator to monitor and maintain applications accessible.

The North America region is expected to be a major market for these systems as it hosts the headquarters of number of large organization including Facebook Inc., Microsoft Corporation and many others. These large organizations in the region and investing in fault tolerance technologies to prevent failure in the organization and keep process uptime. Major markets for fault-tolerant server in the region include countries such as the U.S. and Canada.

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Some of the leading players dominating in the fault-tolerant servers market are International Business Machines Corporation (IBM), Stratus Technologies, Microsoft Technology, NEC Corporation, Hewlett Packard Enterprise Development LP, Oracle Corporation Unisys Corporation, Fujitsu Limited and One-Net Communications

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Inbound Support Market - Research Report, Drivers and Restraints, Regional Overview

Inbound support is the procedure of handling requirements or enquiries from potential clients, vendors, customers, or partners as regards product information, pricing, order, shipping, or related technical assistance. This can be done through various channels, such as chat, website, e-mail, or telephone. Inbound support teams are responsible for addressing and solving all customer queries and enhance their satisfaction through issue resolution. An inbound consumer service facility functions best when it offers customers a single point of contact for all their service inquiries. Currently, customers dial a single number to order products, register a purchase, make a payment, or obtain product information. Additionally, they can make an inquiry or place a support request about a product. The agents or customer service officials responsible for handling the incoming calls must be well accustomed with the technical know-how of their offerings, and have requisite product knowledge so that they can deal with the call efficiently. It might involve solving the query personally or, if required, hand over the call to a concerned specialist. Customers around the world opt for a single point of contact and this is the reason for the proliferation of the global inbound support market.

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A substantial number of people prefer to use available toll-free phone lines for their queries and solutions for their difficulties. Hence, most businesses prefer inbound support services for their inbound processes. However, the availability of multi-lingual skilled professionals is limited, and maintaining the standard of service is difficult, which in turn is increasing companies’ cost due to a supply–demand gap. Retaining a steady, consistent, and reliable standard of service at all times can prove costly. The inbound support system must have an optimum number of executives, based on priority, so that customers can get a timely response from the inbound support staff.
As the global B2C scenario is becoming “C” or customer oriented, the global demand for inbound support is poised to increase at a substantial pace over the forecast period. Additionally, more and more customers opt for other media, such as knowledge base, email, or chat. This concept is known as multi-channel inbound support. This sector will provide a sea of opportunity for the global inbound support market. The global inbound support market can be differentiated on the basis of type and geography. According to type, the market is divided into three segments-telephone, email, and chat. Telephone-based customer service held the maximum share in the market and is expected to retain its leading position over the forecast period. This is the traditional approach for inbound support where the customer calls the company with a service demand or a probe, and the concerned person in the company solves the problem or transfers the call to the specific department.

Geographically, the market can be segregated into five regions. They are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific was the dominant market. Availability of labor at a low cost has given rise to outsourcing of inbound support to this part of the world. Emerging countries such as India and the Philippines led the growth trajectory. Due to this, many inbound support vendors have started operations in this region.

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Key vendors in the global inbound support market are Flatworld Solutions Pvt. Ltd. (India), Live2Sell Group of Companies (the Philippines), CMD Outsourcing Solutions, Inc. (the U.S.), and Q 2 Serves Infotech (India). Some other players operating in the market are Invensis Technologies Pvt Ltd. (the U.S.), GizmoSupport (India), Worldwide Call Centers, Inc. (the U.S.), Etech Global Services (the U.S.), and Outsource2alpha (India).

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Tuesday 7 February 2017

OSS BSS System and Platform Market: Strong Presence of Telecom Service Providers Driving Investments in North America

The OSS BSS system and platform market is highly fragmented and the top five players held approximately 40% of the market in 2015. The leading players – Telefonaktiebolaget LM Ericsson, Amdocs Ltd., Accenture Plc, Hewlett-Packard Company, and Nokia Siemens – are focused on expanding their OSS/BSS businesses in emerging economies.

Browse The Market Research Report of OSS BSS System and Platform Market :

Transparency Market Research notes that there is intense competition in the industry owing to low entry barriers. In order to sustain in this highly competitive environment, most companies are aiming for long-term alliances with MNOs. Companies are also offering comprehensive OSS and BSS solutions along with service delivery platforms to gain a competitive edge over their counterparts.

The opportunity presented by the global OSS BSS system and platform market amounted to US$29.11 bn in 2015 and is slated to be worth US$70.97 bn by the end of the forecast period, advancing at a CAGR of 10.5% therein.

Increased Implementation of OSS BSS Systems and Platforms in North America

By component, BSS dominated the overall market with a 42.5% share in 2015. OSS followed closely behind with a 40.6% share that year. Within the OSS market, service assurance is expected to lead the market through 2024 and also exhibit a strong growth rate during the forecast period. Within the BSS market, customer management emerged as the leading sub-segment, while revenue management will expand at a rapid pace.

North America recorded highest level of implementation for OSS BSS systems and platforms, holding nearly 33% of the global market in 2015. Asia Pacific, on the other hand, is anticipated to witness the fastest growth over the forecast period, expanding at a CAGR of 11.6% from 2016 to 2024.

The OSS BSS system and platform market in North America is primarily driven by the increasing demand for solutions related to service assurance, revenue management, and customer management. “The growing presence of telecom providers and mobile network operators in the region also serves as a key contributor,” the TMR analyst states. “Due to the high level of maturity and competition within the market, differentiation at the level of services has become crucial for network operators in North America in order to sustain their consumer base and market position.”

Increasing Adoption of Convergent Billing Systems Spurs Demand OSS BSS Solutions

With a growing focus on development in the telecommunications sector, communication service providers have been offering services such as voice, data, video, internet, multimedia, and mobile commerce. Customers generally purchase these services from the same operator and prefer them to be charged on one invoice. Convergent billing provides the customer a cohesive view of all prepaid and postpaid services availed. “OSS/BSS plays a pivotal role in the development of a convergent billing system and the rising demand for convergent billing drives the global market,” the author states.

Rollout of NGOSS Framework to Help Overcome Security and Accuracy Challenges

The absence of standard policies and guidelines has disturbed the OSS/BSS ecosystem. The unfavorable regulatory scenario in Asia Pacific, particularly in India, has resulted in the deferred deployment of OSS/BSS. “However, the scenario is expected to change in the coming years and the expected standardization and regulatory backing over the medium-to-long term is expected to minimize the impact of this restraint,” the author predicts.

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Legacy OSS BSS systems and platforms face a number of challenges, such as longer process cycles, increasing security issues, and low data accuracy. In order to overcome these barriers, the TM Forum has introduced the New Generation Operations System (NGOSS), now known as TM Forum Frameworx, which provides guidance for stakeholders such as service providers, system integrators, and equipment providers. This initiative is anticipated to serve as a major opportunity for players in the OSS BSS system and platform market.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


Smart Water Meters Market - Segmentation, Drivers and Restraints, Regional Outlook

Smart water meter is an internet-enabled device, typically coupled with GPS chips and GIS (Geographic Information System) that measures and manages water consumption and distribution. A smart water meter uses power line communications (PLC), wireless radio frequency, and SCADA (Supervisory Control and Data Acquisition) in order to constantly communicate with the central server. The smart water meters market came into prominence in the 2000s, as a part of the Smart Grid project, which was initiated to improve services and efficiency of the water supply system. Following the smart grid project, the smart water meters market gained popularity, as water utilities across the world started its large-scale implementation.

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Factors that are expected to drive the global smart water meters market include increasing demand from water utilities to provide proactive services by establishing water consumption patterns using predictive analysis, reducing operational costs, and streamlining the water supply management. Furthermore, urgent need for identification of water leakages, upgrade of aging, traditional water infrastructure, and accurate billing amidst increasing environmental stress and water scarcity is anticipated to drive the global smart water meters market. Besides this, growing adoption of smart IT solutions by water utilities across the world is expected to fuel the market.

However, factors including high initial investments and high installation and licensing fees coupled with software support services are expected to act as restraints for the global smart water meters market.

The global smart water meters market can be segmented on the basis of technologies, components, end-users, and regions. On the basis of technologies, the market can be segmented into AMR (automatic meter reading) and AMI (advanced metering infrastructure).

On the basis of components, the global smart water meters market can be segmented into manufacturers, installers, and data & network management firms. Of these, the data & network management firms segment is expected to hold a major share in the global smart water meters market during the forecast period. This is owing to its sustainable value and long-term viability. Manufacturers and installers are expected to follow the data and network management firms, as timely replacement and upgrade of meters is likely to gain importance.

On the basis of end-users, the global smart water meters market can be segmented into water utilities and commercial users.

Geographically, the market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the global smart water meters market. This is owing to widespread yet traditional infrastructure of water meters in the region. Europe is projected to follow North America. Replacement of first-generation devices is anticipated to further boost the market in Europe. Also, improving investment environment bolstered by strong government support is estimated to drive the market in the region. The market in Asia Pacific is also anticipated to witness substantial growth.

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Key players operating in the global smart water meters market include Minsen Meter Co., Ltd., Itron Inc., Elster Group GmbH, Landis+Gyr, Kamstrup A/S, Silver Spring Networks, Aclara Technologies LLC, Badger Meter, Inc., Datamatic, Inc., Diehl Metering GmbH, Neptune Technology Group Inc., B METERS s.r.l., Arad Ltd., and Arqiva Ltd.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Smartphone Screen Protector Market - Growth Catalysts, Market Trends And Key Players

Smartphones are used by an enormous number of people around the globe. Their rising usage have led to the development of various additional products which enhance the overall functioning of the smartphone device. One such product is the smartphone screen protector which, as the name suggests, protects the mobile phone screen from scratches and related damage.

Browse The Market Research Report of Smartphone Screen Protector Market :

Different types of smartphone screen protectors offer different functions beyond protection from scratches. The ultra-clear smartphone screen guard is “glass like” and transparent with no clarity loss, thereby providing a perfect view. Scratch-resistant covers, UV protection, and backing of a non-resinous silicone are the salient features of an ultra-clear screen protector. The anti-glare smartphone screen shield, on the other hand, is beneficial to those who often use their devices outdoors. These are equipped with anti-reflective coating (AR) which eliminates the reflection of light. Some anti-glare screen protectors also provide anti-fingerprint covering.

The privacy variety shields the user’s information from others while s/he happens to be looking at it. Text and images are only visible when seen from a straight angle – when viewed from any other direction, the screen appears black. Mirror smartphone screen shields are yet another type of smartphone screen protectors that are useful and attractive, as they entirely transform the screen into glass when it is not being used.

This market is driven by the increasing smartphone sales specifically in developing economies such as India and china which exhibit escalating disposable incomes among consumers. Emergence of low-cost screen protectors in regions such as Asia Pacific is expected to create immense opportunities for this market. Rising demand for refurbished and pre-used smartphones is another important indicator of the overall market expansion.

The smartphone screen protector market can be segmented on the basis of raw material used into the following categories: polyethylene terephthalate (PET film), tempered glass, multi-layered, and thermoplastic polyurethane. PET films comprising polyester are films with a scratch-resistance matt coating on one side and a silicone adhesive on the other. Thermoplastic polyurethane is a chemically enhanced plastic displaying properties such as scratch resistance, oil and grease resistance, toughness, and elasticity. Tempered glass (TG) screen protectors are multi-layered and carry shock absorbent features, with their bottom layer made of silicon. Multi-layered screen protectors are usually patented and are an advanced variety made of different types of materials so that they can effectively absorb shocks. However, in-built screen protectors in smartphone might restrict this market. Today, various smartphones available in the market are already equipped with efficient screen guards which might impact the demand for stand-alone smartphone screen protectors.

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The market comprises a number of mid-sized manufacturers largely due the fewer barriers they face while making their entry and the affordability of raw materials. Key players include 3M Company, Bodyguardz, LLC, Zagg Inc., Belkin International Inc., Jiizii Glass, Clarivue, Corning Inc., FeYong Digital Technology Limited, AZ Infolink Pvt. Ltd, Shenzhen Yoobao Technology Co. Ltd., and Free S Speed International Co. Ltd.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Enhanced Vision System Market - Global Industry Analysis, Growth, Trends, Forecast 2024

Enhanced Vision System utilize sensors and other technologies such as millimeter wave radar and infrared to provide a better view of the outside world which is displayed either on a Head up Display, a Head down Display or both. The primary benefit of enhanced vision systems is improving situational awareness, not only during take-off, approach and landing, but also during ground maneuvering. These systems help the pilot to see the terrain or the airport environment in low visibility situations, during day and night. These system help pilot see through smoke, smog and haze during the day. During the night, enhanced vision systems help pilots eliminate the visual effect of darkness, turning it into day on the display and enable pilots to avoid clouds at night.

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Reliable operability of aircrafts is one of the major drivers of the global enhance vision system market. Enhanced vision systems also help improve situational awareness and aircraft safety during low visibility thereby minimizing accidents which is expected to be another factors driving the global enhanced vision systems market. Moreover, the growing air traffic is expected to demand such safety enhancing technologies from flight operators which is also expected to drive the market.

Furthermore, huge amount of initial investments required by both original equipment manufacturers (OEMs) and aircraft manufacturers to setup machinery, skilled workforce, state of the art technical equipment and integration platform is one of the major restraints of the global enhanced vision system market. The lengthy clearance procedure and red-tape encountered during approving of components, their installation and up gradation are also expected to hinder market growth.

The global enhanced vision system market can be segmented on the basis of technology, component, platform and region. On the basis of technology, the market can be divided into infrared, synthetic vision systems, GPS and millimeter wave radar. On the basis of component the market can be divided into sensors, processing units, control electronics, camera and display. On the basis of platform the market can be divided into fixed and rotary. On the basis of region, the market can be divided into North America, Europe, Asia Pacific, Middle East and Africa and South America. North America estimated to account for a prominent share of the market during the forecast period. The presence of large number of original component manufacturers (OCMs) and original equipment manufacturers (OEMs), the presence of key market players and major technological up gradation of existing equipment are some of the reasons anticipated for regions’ significant share in the market. Asia-Pacific is expected to grow at a considerable rate during the forecast period. This is due to the growing demand for private & regional jets, increased safety and reliable airline operations, presence of large OEMs and fluctuating weather conditions in the region.

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The major players of the global enhanced vision system market are Astronics Corporation, Elbit Systems Ltd., Esterline Technologies Corporation, Honeywell International, Inc., L3 Technologies, Inc., MBDA Inc., OPGAL Optronics Industries Ltd., Rockwell Collins, Inc., Thales Group and United Technologies Corporation.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Monday 6 February 2017

Mobile TV Market on Cusp of Unprecedented Growth, Steered by Growing Pay TV Service Subscriptions

The global market for mobile TV is exceedingly fragmented and the top 10 players accounted for a mere 23.3% in 2015. These companies, namely Comcast Corporation, AT&T, Inc., MobiTV, Inc., Sky plc, Bell Canada, Verizon Communications, Inc., Bharti Airtel, Consolidated Communications, Orange S.A., and Charter Communications, do, however, enjoy a strong foothold in several regional markets and have set entry-level barriers rather high.

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“Large players have been expanding their regional reach and a strong brand name enables them to push their products in the mobile TV market and achieve a greater market share,” an analyst at Transparency Market Research states. A case in point would be Sky plc. The pan-European provider of on-demand internet streaming media, telephone, and broadband services acquired Sky Italia and Sky Deutschland services in 2014 to emerge as a leading player in the mobile TV market in Europe.

TMR Predicts Massive Surge in Mobile TV Subscription by 2024

The opportunity in the global mobile TV market stood at US$7.69 bn in 2015 and is expected to be worth US$17.02 bn by 2024. The market is projected to exhibit a healthy CAGR of 9.5% during the forecast period. “This can be attributed to the rise in mobile TV subscriptions, which will increase at an astounding 40.3% CAGR from 2016 to 2024,” the author of the study states.

Based on type of service, pay TV services led the overall market in 2015, accounting for a share of 52% that year. Also registering a strong CAGR of 9.7% from 2016 to 2024, the segment is forecast to continue leading the mobile TV market through 2024. By region, Asia Pacific has been the leading revenue generator in the global mobile TV market and is anticipated to hold a share of over 42% by the end of 2024. APAC is also projected to expand at a swift pace during the forecast period.

Growing Usage of Smartphones and Tablets Driving Market

The growing usage of smartphones and tablets globally has helped boost the mobile TV market. Most smartphones and tablets today are TV-enabled and this has resulted in the significant increase in the use of mobile TV applications. “Global Internet usership presently accounts for more than 3.4 billion and the penetration rate will hit 46% by the end of 2016,” the TMR analyst finds. This has considerably improved the state of the mobile TV market.

The deployment of ultra-fast data services such as 3G, 4G, and 5G has also encouraged the adoption of mobile TV. “Users now prefer watching online TV on their smartphones and tablets and the availability of high-speed internet has driven the number of subscriptions of mobile TV,” the author states. Verizon Communications is planning to launch next-gen ultra-fast data services such as 5G wireless networks in the U.S. by 2017. Developments such as these are likely to give the global mobile TV market a substantial boost.

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TMR finds that telecom companies investing in mobile TV infrastructure to provide high-speed broadband networks will not only help them deliver efficient mobile TV services and increase their subscriber base but also contribute to the growth of the global market.

About Us :
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. 

Driver Safety Market - Growth Catalysts, Market Trends And Key Players 2016 – 2024

Increased road accidents have made driver safety highly important, also, with growing number of vehicles, traffic accidents are anticipated to increase in the future. Advanced technology has paved way to improve the driver safety with the introduction of various tools. These technologies can monitor various parameters such as driver’s fatigue and distraction, which could help in avoiding potential accidents. Advanced navigation systems are designed in such a way that they can provide safety assistance to the vehicles even on the most dangerous roads. To prevent collisions and accidents there are numerous driver safety options that one could opt for. Furthermore, with the help of accident response systems and traffic management systems safety concerns related to drivers are reduced.

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The driver safety market is also fueled by progressive technologies in transportation and connectivity. Rapid penetration of technology enabled devices such as smart phones, tablets has led to increase in driver safety market demand with the simplified user interface. Such technology enabled devices recognize audio commands from drivers to perform various operations such as navigation and media control allowing the driver to focus on driving and avoid distractions. Real time notification systems have gained significant popularity as they have improved the monitoring processes. Driver safety technologies can send real-time notifications during mishaps, such unique features are anticipated to drive the driver safety market. Developments related to the in-car technologies have also led to symbolic improvements in the driver’s safety due to improved connectivity and driving assistance. The technology based safety measures adopted by car manufacturers has increased in a short span of time. Features such as safe distance indicators, seatbelt alerts, airbags, and fog indicators are some of the basic driver safety tools adopted in recent past. There are mobile applications offered by various vendors that support driver safety systems. Growing number of accidents have forced users and manufacturers to opt for the collision alert systems. Electronic systems offering driver the control on an impending rollover of the vehicle are helping in reducing the number of fatalities. These systems are called active rollover protection and it automatically applies brakes in a specific order to prevent the rollover.

One of the growing trends in driver safety market is blind zone alert system. This system monitors the vehicle’s safe distance from a blind zone and would help the driver to have an idea of the tough turns. Reverse cameras with cross traffic alert systems are also trending in driver safety market, to avoid the collision there are audio-visual warning alerts installed in such systems for driver safety.

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There are various safety types offered by companies in driver safety market some of them are; enhanced accident response system, distraction monitoring system, hands- free connectivity and voice control, crash avoidance/ collision prevention system, fatigue monitoring system, lane departure warning systems, tire pressure monitoring and others such as blind spot detector and dynamic brake control.

Some of the major companies engaged in driver safety market are General Motors, DaimlerChrysler AG, Security Innovation, Inc., ITS International, Systems International GmbH, Fleetmatics Group Plc. Denso Corporation, Infineon Technologies AG, Robert Bosch GmbH and Optalert pty Ltd.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Wireless Connectivity Market - Global Industry Analysis, Growth, Trends, Forecast 2024

Wireless connectivity is a technique used by homes, communication networks, and enterprise connections to reduce complex cable networks across buildings. Wireless connectivity equipment is deep rooted in many electrical device markets. WiFi, Bluetooth, and GPS are becoming universal for certain devices such as smart phones and mobile phones. Besides this, wireless connectivity is also required in applications in Internet of Things (IoT), ranging from control devices and gateways to cloud. Wireless connectivity is used by IoT devices to enable an access point through which communication and data transfer between two devices can take place. Collaborations and partnerships is one of the major trends in the wireless connectivity market. For instance, partnerships between ZigBee and other organizations such as EnOcean GmbH are anticipated to drive the self-powered energy harvesting internet-of-things devices in areas such as building automation and home automation.

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Major factors driving the global wireless connectivity market include rise in adoption of IoT and cloud computing, increase in demand for smart phones and other wireless technology devices such as Bluetooth, ZigBee, and WiFi, growth in connectivity of the Internet, and escalation of demand for low-power wide-area (LPWA) networks.

However, lack of uniform communication principles is hampering the wireless connectivity market. Additionally, the intervention with other electromagnetic sources, layered structure, and physical object are also the key factors that adversely affect the evolution of wireless connectivity technology. Consequently, these factors act as restraints for the wireless connectivity market. Key challenges for the global wireless connectivity market include requirement of enhanced security of information and concession among features such as power consumption, data rates, and range for numerous wireless technologies.

Increase in need for cross domain applications could open up new opportunities for the wireless connectivity market. Additionally, rise in government subsidies for the development of IoT provided by countries such as India, the U.S., Canada, Australia, and South Korea is also estimated to offer new opportunities to the wireless connectivity market.

The wireless connectivity market in Asia Pacific is in its promising stage; the region is projected to be among the major adopters of wireless connectivity devices. Rise in inclination of consumers toward advanced technological products is likely to boost the wireless connectivity market in Asia Pacific in the near future. Furthermore, government initiatives by countries such as Japan, China, India, and South Korea in the field of electronics and semiconductors are providing lucrative opportunities for electronics and semiconductor industries across Asia Pacific.

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North America consists of technologically advanced countries such as Canada and the U.S. The U.S. and Canada offer vast potential for the application of Internet of Things. This is expected to propel the market for wireless connectivity technologies. In turn, this is anticipated to augment the wireless connectivity market in the region.
The global wireless connectivity market can be segmented in terms of technology and application. Based on technology, the wireless connectivity market can be segmented into WiFi, Bluetooth, NFC, ZigBee, EnOcean, cellular technologies, and others. Based on application, the wireless connectivity market can be segmented into health care, wearable devices, automotive and transportation, and consumer electronics. Among these, the wearable devices segment is estimated to expand significantly during the forecast period owing to factors such as proliferation of IoT and rise in adoption of smart watches and activity trackers.

Key players operating in the global wireless connectivity market include Qualcomm Incorporated, Intel Corporation, NXP Semiconductors N.V., Texas Instruments Inc., Nexcom International Co., Ltd., Stmicroelectronics N.V., Mediatek Inc., Enocean GmbH, Atmel Corporation, and Cypress Semiconductor Corporation.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

USB Devices Market : Trends and Growth Propellers, Segmentation And Key Companies

USB, short for universal serial bus, is an industry standard that defines the cable, connector, and communication protocols stated for connection, communication, and power supply between computers and other electronic devices. USB effectively replaced a variety of earlier interfaces such as serial and parallel ports as well as separate power chargers for portable devices. Another notable feature is the multitude of transfer modes it facilitates, which supports controlled, continuous, bulk, and isochronous transfers. They allow consumers to connect up to 127 devices, either directly or through the use of a USB hub. Moreover, these devices are much faster since they support data transfer rates of 12 Mbps for disk drives and other high-speed throughput and 1.5 Mbps for devices which need less bandwidth. Important benefits which have encouraged their mass adoption over the years include the ease with which they can be used, portability, convenience, widespread compatibility, higher read and write speed, interoperability across all platforms, and improvements in security in the form of password protection or encryption/decryption.

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The USB device market has been experiencing massive expansion in the recent years owing to the technology’s numerous applications, ease of development, and manufacturing of custom products. Also, demand for better connectivity performance between electronic devices and advanced peripherals is boosting the sales of USB devices. In terms of technological advancements, the recent revision of USB standard “USB 3.0” facilitates faster transfer rates, superior power management capabilities, and higher maximum bus power which has been a prominent contributing factor to this market’s success. However, security issues and difficulties in replacing old USB standards with new ones is limiting the market. Several developments in this field and emerging markets in Asia are introducing new opportunities for industry participants/ manufacturers. Moreover, the launch of USB 3.1 standard and the ever-increasing need for wireless USB devices in the automotive industry are expected to drive the market in the future.

The global USB devices market is segmented based on its device standard type into the USB 1.0, USB 2.0, and USB 3.0 categories. Among these, USB 3.0 standard is dominating the market driven by its capability to provide data transfer rates of 1.25 Gbps to a maximum of 5 Gbps, which is over 10 times faster than the 480 Mbps speed offered by USB 2.0. Applications of the USB device include computer peripherals, laptops, mass storage devices, cameras, telephones, audio devices, and others. In terms of geography, the global market is distributed over Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa. Among these, Europe leads the market, due to the mounting demand for machine-to-machine (M2M) communication modules in the automotive telematics segment caused by telematics initiatives undertaken by OEM automakers and government-led programs in the region. Asia Pacific is predicted to experience swift growth in the next few years as well, due to the steady economic growth, escalating consumption of computing devices, proliferation of smartphones and tablets, and adoption of USB devices for storing, transferring, and sharing content in the region, particularly China and India.

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The global USB device market is highly competitive in nature and marked with the presence of several international and domestic key players. Top companies include Corsair Memory, Inc., ADATA Technology Co., Ltd., Hewlett-Packard Development Company, SanDisk Corporation, Kingston Technology Corporation, Toshiba Corporation, Samsung Corporation, Micron Consumer Products Group Inc., Verbatim Americas LLC, Imation Corporation, and Transcend Information Inc.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Friday 3 February 2017

Mixed Reality Market: Promise to Revolutionize Entertainment Industry Spikes Uptake of Device

Transparency Market Research has observes that collective share of leading players in the global mixed reality market stood at 71.1% in 2013. The remarkable product innovation and the massive research and development investments have helped Microsoft Corporation, Canon, Inc., Samsung Electronics Co. Ltd, Recon Instruments Inc., HTC, and Seiko Epson Corporation retain their lead over the years. “Design and development of immersive and interactive experiences applicable to a wide range of end users is expected to winning strategy of these players,” states the lead author of this research report.

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North America Shows Rapid Adoption of Mixed Reality in Various Industries

According to the research report, the opportunity in the global mixed reality market by the end of 2024 is expected to be worth US$1.2 bn. The market is anticipated to progress from for US$ 35.30 mn in 2015 at a whopping CAGR of 39.1% between the forecast period of 2016 and 2024. The emergence of 3D movies as an integral part of entertainment industry is expected to boost the demand for mixed reality hardware and software. Following this, the entertainment industry is estimated to rise at a CAGR of 40.3% during the forecast period. In terms of regions, North America expected to dominate the global market due to a high adoption rate of mixed reality across the region. The region is anticipated to witness a CAGR of 41.9% over the estimated period.

Enriching Experiences of Virtual and Real World Keep Consumers Glued to Mixed Reality Devices

The rapid evolution of the entertainment and media segment is anticipated to make a generous contribution to the soaring revenue of the global mixed reality market. The advancements in the mixed reality market have allowed a score of ticketing professionals a chance to develop interactive and unique content. Such developments have created a whole new world of gaming for users where they can actually experience the game as though it may be occurring in real life. Owing to this radical change, the global market is anticipated to witness a several video game companies vying for its software, hardware, and services.

The growth of the global market will also be attributable to the increasing adoption of mixed reality in healthcare and medical sector as well. Interactive imaging to understand the disease or the disorder better and growing usage of head mounted display to enhance pharmacy management are expected to offer the global market lucrative growth opportunities. Additionally, the usage of mixed reality in enhancing the online shopping experience is also likely to boost the growth of the overall market. For instance, car manufacturers are using mixed reality techniques to showcase 3D car structures of the buyers that allows them to experience the car as they would have in real life.

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High Investment Costs Deter Market Growth

Despite the strong market drivers, the global mixed reality market is being stifled due to the necessity of huge investments in research and development of devices. The prolific financial costs related to implementation of mixed reality technology is anticipated to hamper the entry of new entrants and also have a negative impact on the growth of the overall market. The concerns pertaining to privacy have also been a restraining factor in the global market. The issues pertaining to theft of information, recording copyrighted material, or complications with regards to intellectual property are likely to hinder market growth.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Medical Document Management Systems Market - Growth, Trends, Forecast 2016 – 2024

Various medical organizations find it difficult to maintain electronic medical records, as they are expensive and complex to implement. Medical records document management systems provide easy to use, fast to implement, and smart process systems that improve practice effectiveness and lower the retention costs of medical records. These systems facilitate workflow and improve the quality of patient care and patient safety. Medical document management systems eliminate paper-based processes in health care organizations. These systems manage patient information and facilitate clinicians and administrators’ decision making in treatment and hospitalization procedures. Additionally, medical document management systems help health care organizations to automate admission forms, insurance cards, insurance claims, invoices, and laboratory results. Increase in need to manage the vast information content in health care systems in a cost-effective way and rise in requirement to improve the quality of the information as well as health care are the key actors driving the medical document management systems market.

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The medical document management systems market has been experiencing substantial growth since the last few years due to the increase in demand for high clinical efficiency and improved patient care. However, reluctance of physicians, nurses, and other medical staff to change their traditional methods hampers the adoption of medical document management systems. High cost of implementation and maintenance of these systems is also adversely affecting the medical document management systems market. Mobile platforms for document management systems offer new opportunities for industry participants. Consolidation in the health care industry is also expected to provide significant opportunities for market growth.

The global medical document management systems market is segmented in terms of product, application, model, end-user, and geography. The product type segmentation covers medical document management solutions and medical document management services. Medical document management services are further categorized into product support services and documents scanning and management services. Based on application, the medical document management systems market is classified into patient medical records management, image management, admission and registration documents management, and patient billing documents management. In terms of end-user, the market for medical document management systems is divided into hospitals & clinics, nursing homes, insurance providers, and other health care Institutions such as long term care centers and rehabilitation centers. Based on geography, the global medical document management systems market is classified into Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa. Among these, North America dominates the medical document management systems market, due to the implementation of regulations concerning health records and medical insurance. Additionally, Asia Pacific is anticipated to experience rapid growth among all the regional segments in the near future, owing to the rise in government focus on adoption of EHRs, modernization in health care, and investments by government and private entities to adopt health care IT technologies. Improvement in clinical research and studies through organized and stored patient information via document management systems is also providing significant growth opportunities for the medical document management systems market Asia Pacific.

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Large number of small and mid-size players specialize in the medical document management systems market. This has resulted in intense competition, which poses a challenge to big players and new entrants. Prominent players operating in the global medical document management systems market are Cerner Corporation, 3M Company, GE Healthcare, Kofax Ltd., Nextgen Healthcare Information Systems, LLC, Toshiba Corporation, Allscripts Healthcare Solutions Inc., EPIC Systems Corporation, Hyland Software Inc., McKesson Corporation, and Siemens Medical Solutions USA Inc.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

3D Metrology System Market - Industry Shares, Market Strategies And Key Players 2024

3D (three dimensional) Metrology System is a technology to measure any distance, length, height and point of a three dimensional (3D) object for practical and theoretical aspects of measurement in any field. It converts the real model into architectural images and videos for better results. 3D metrology works on measurement data and helps throughout the industrialization processes such as designing, production preparation and purchasing. 3D metrology system mainly used for quality control for accuracy in production. It plays a vital role in converting a raw manufacturing unit into a finished product. Moreover, it can also measure hidden points which are not possible to measure manually.

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Demand of 3D metrology is increasing rapidly as it provides simplified solutions to the users, furthermore, it saves time and gives accurate results driving the market. 3D metrology systems emphasize on quality control for addressing manufacturing issues and deliver the best possible outcome. It can process huge volumes of 3D data at a time for analysis and modeling purpose. Automotive organizations are expected to generate substantial demand for 3D metrology technology in the future. It is immensely important to increase the inspection capability, coordinate the measurement processes and improve the quality of finished products in an automobile industry. 3D metrology technology assists automotive organizations in achieving these goals. Coordinate measuring machines (CMM) and Optical measurement systems (OMS) are two majorly used product categories of 3D metrology technology in automotive industries to improve the comfort level along with the safety and security aspects of the vehicle. CMM is a type of measuring device which determines movable coordinated points on the surface. It can be used for better accuracy, higher productivity, ultimate scanning and increase inspection performance. OMS is a technique which is used for optical sensor to collect the measurement data. However, set-up and installation cost of a 3D metrology system is very high. Additionally, it is very complicated to understand the system of 3D metrology due to lack of expertise and lack of simple software solution. Moreover, growing demand from construction and automotive industries is an opportunity to drive the market of 3D metrology system in the future.

3D metrology system market can be segmented according to product, application, industry verticals and region. Application segment is further divided into surface finish, automated image inspection, step height, dynamic metrology, film thickness, transmitted wave front, radius of curvature, position and angle measurement. Industry verticals of 3D metrology system market are automotive, medical, aerospace and defense, architecture and construction, energy and power, Geospatial, Electronics, Heavy Machinery and others. Furthermore, according to the product 3D metrology system market is divided into Video Measuring Machine (VMM), Coordinate Measuring Machine (CMM), Optical Digitizer and Scanner (ODS). 3D metrology system market is divided into five segments according to the region which are North America, Europe, Asia Pacific, Middle East and Africa (MEA) and South America.

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Some of the major players associated with the 3D metrology ecosystem are FARO Technologies, Hexagon AB, GOM GmbH, Nikon Metrology, Perceptron Inc., Creaform Inc., 3D Digital Corporation, Carl Zeiss AG, Renishaw plc., Keyence Corporation, WENZEL Präzision GmbH, Zygo Corporation and Mitutoyo Corporation.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Student Information System Market - Industry Analysis, Growth, Trends, Forecast Upto 2024

The student information system (SIS) market has been growing at a steady pace owing to increase in the application of analytics in the educational sector. It is popular among administrators and educators to gain accessibility of data to evaluate the performance of students based on the goal and mission of the institutions. Institutions are generating huge amounts of data such as application data, personal data, financial data, facilities and estates data, and admission data. The data sets are applied as a tactical asset by organizations as it helps in business decision making and operational business and planning. The data helps in formulating policies and corrective measures to enhance student take liable on their possessions as well as retention of students. SIS turns as a data source which helps to collect and deliver raw data sets which needs to be analyzed. Increasing demand for collaborative visualization of data and presentation of procedures to learn and adjust to the pattern and needs of users is expected to drive the student information system market over the forecast period.

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The student information system market has been segmented on the basis of end user and deployment method. By end-user, the market has been segregated as K-12 SIS and higher education SIS. Higher education SIS was the most dominant segment in 2015 and is expected to remain so over the forecast period. Growth in the number of universities, acquiring educational hardware such as projectors, tablets, interactive whiteboards, swapping to digitized content, implementing social learning and gamification is driving the student information system globally. Political developments and regional education which impacts the enrollment of students is expected to validate the disposition of student information system over the forecast period. By deployment method, the student information system market has been bifurcated into cloud and on-premise. On-premise segment is expected to dominate the student information system market over the forecast period. Strong foothold of on-premise deployment in Europe and North America is one of the key factors driving this segment.

By geography, the student information system market is segmented into Europe, North America, Asia Pacific, Latin America, and Middle-East & Africa. North America accounted for major market share in 2015 and is estimated to remain dominant over the forecast period. Rise in preference toward software solution deployment to help students and school managements is a major driving factor in this region. The U.S is one of the large markets for student information system in North America. Europe has a sizeable share in the global student information system market due to the increasing popularity of school related events through connected platforms. Germany and the U.K. accounted for majority of the market share of the student information system market in this region. Asia Pacific is one of the fast growing regions for student information system and is anticipated to remain so over the forecast period, with China accounting for one of the large markets. Middle East & Africa has a rising market share in the student information system market. Brazil is the most dominant segment in Latin America in the student information system market.

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The demand for student information system from higher education and K-12 schools is rising at a rapid pace globally. Global manufacturers are designing and developing software to fulfill the varied demand of customers. The important players in the student information system market are Jenzabar, Unit4, Ellucian, and Skyward. The other key vendors in the student information system market are Campus Management, Anubavam, Focus School Software, Illuminate Education, ComSpec International, Workday, SAP, ITG America, Foradian Technologies, and Tribal Group among others.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.