WiMAX Market - Research Report, Drivers and Restraints, Regional Overview

Worldwide Interoperability for Microwave Access is commonly known as WiMAX. This is a dynamic technology standard which is used for long-range of wireless networking application, for both fixed and mobile connections. Across the globe, WiMAX is currently one of the newest and advanced technologies in wireless connectivity. In addition, WiMAX is a standard-based wireless technology solution that delivers higher range of broadband connections over long distance. WiMAX can deliver broadband up to 75 mbps and has a massive range up to 5-10KM from workstation. Additionally, WiMAX finds application in telecommunication and information technology to provide campus level network connectivity and wireless last minute approach to bring internet service directly. This in turn increases the demand of WiMAX market across the globe. Besides, whole system of WiMAX is based on radio frequency technology which is able to carry 5MHz bandwidth data effectively for a long distances. Thus, the Worldwide Interoperability for Microwave Access(WiMAX) market is projected to witness a steady growth during the forecast period from 2017 to 2025.

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In coming year, WiMAX solution is estimated to deliver broadband access services to enterprise and residential consumers in an inexpensive way. Global WiMAX market has been segmented on the basis of type, component, end use industry and geography. On the basis of product type, global WiMAX market has been fragmented into mobile and fixed. Worldwide Interoperability for Microwave Access (WiMAX) can be integrated in fixed and mobile networks, which is required for continuous indoor or outdoor Wi-Fi coverage. These WiMAX is implementing for high interactive services, which is estimated to fuel the WiMAX market during the forecast period.Additionally, global WiMAX market has been bifurcated into WiMAX tower and a WiMAX receiver. On the basis of end use industry global WiMAX market has been classified into commercial, residential and industrial. Across the globe, governments in various regions such as North America, Europe and Asia Pacific among others are focusing on expansion of strict regulations relating to wireless broadband such as issuing licenses and deregulating local frequency spectrum to make them reachable for commercial public uses. This in turn is anticipated to fuel the demand of WiMAX market during the forecast period.

The global WiMAX market has widespread opportunity in terms of operability. This system is capable of functioning in together FDD and TDD modes. Thus, WiMAX solution is giving flexibility to the various telecommunication operators. The under-served and developing countries are more prone to implement new advance technologies, which are more convenient to fulfill market demand and localized contribution. Thus, WiMAX players have enormous opportunity; which still remains untapped in global WiMAX market. Conversely, signal intermission due to bad weather conditions and high operational cost are expected to hinder the growth of the global WiMAX solutions in coming years.

Geographically, global Worldwide Interoperability for Microwave Access (WiMAX) market has been segmented into North America, Europe, Asia Pacific (APAC), Middle- East and Africa and Latin America. In 2016, North America held the major market for WiMAX owing to advancement in technologies along with increasing demand from countries such as U.S, Canada and Mexico among others. Asia Pacific is expected to grow at a higher CAGR rate owing to the high technological internet infrastructure development, the presence of strong domestic solution providers in this region. Asia Pacific is accounted for a significant percentage of the overall industry in 2016, fuelled by growing demand from China, India, Japan and South Korea among others market.

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The major players operating in the global Worldwide Interoperability for Microwave Access (WiMAX) market includes Intel Corporation (The U.S), Aviat Network In. (The U.S), Airspan Network Inc.(The U.S), Comcast Corporation (The U.S), Redline Communications (Canada), UQ Communication Inc. (Japan), ZTE Corporation (China), Samsung Electronics (Korea), Redline Communications (Canada) and Huawei (China) 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. 

Workforce Management Market - Trends and Growth Propellers, Segmentation And Key Companies

Workforce management is a process that maximizes competency and performance level for an organization. The processes comprises activities required to sustain a productive workforce like human resource management, field service management, data collection, budgeting, forecasting, analytics and scheduling. Workforce management is a combined set of processes that an organization uses to optimize productivity of its employees on different levels. It provides collective set of performance based software and tools to support front line supervisors, corporate management, store managers, and workers across distribution, manufacturing, retail and transportation operations.

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The global workforce management market is primarily driven by the increasing demand of cloud based solutions. With the rising cloud based solutions, it has become easier to store data over the cloud and download the data conveniently. Moreover, with the implementation of this system, remote workforce solutions has been made easier. Employees often need access to company information on different devices, be it in home or office, which has become easier with the cloud based solutions. Another important driving factor in this market is the increasing penetration of smartphones and focus on workforce optimization. Workforce optimization is possible through different ways, some of them are time and attendance tracking, performance monitoring, demand prediction, employee scheduling and many others. Rise in demand of smartphones help these function to be carried out with ease anytime and anywhere. Moreover, increasing demand of automation is also bolstering the demand of workforce management market across the world during the forecast period. Automation is likely to help the workforce management by improving accuracy, cutting down the labor costs and mobile access to workforce management solutions.

Lack of awareness about the workforce management is one of the most important factor restraining the growth of the global workforce management market. Many organization especially small and medium are not intended to implement the software solutions and follows the same traditional methods. Due to the lack of awareness, they are unaware of the benefits of implementing automated workforce management solutions in an organization.

Increasing adoption of workforce management in the small and medium sized organization is likely to be one of the most important opportunities in the global market. Since these organizations are unaware of the benefits of these solutions, it is highly expected to grow in the coming couple of years. Leaning towards human resource analytics is also an important opportunity in the global market. Increasing competition, tight budgets are some of the factors that would increase the demand of software solutions in order to maximize the efficiency of the workforce.

Based on solutions, the global workforce management market is segmented into Absence Management, Time and Attendance Management, Workforce Analytics, Performance Management, Workforce Scheduling among others. On the basis of deployment type, the market is segmented into cloud and on premises. Moreover, on the basis of organizational structure the bifurcations includes large organizations and small/medium sized organizations. The end use segregation comprises of banking and financial sectors, logistics, consumer goods, healthcare and defense among others.

The geographical split of the market encompasses North America, Asia Pacific, Europe, Middle East and Africa and Latin America. Europe is expected to have the highest market revenue share during the forecast period. Countries like Germany and U.K. are responsible for the major growth in this market. Deployment of cloud solutions is an important driver boosting the demand of this market in Europe.

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Some of the major players in the global workforce management market are Atoss Software AG (Germany), Automatic Data Processing LLC (U.S.), Huntington Business Systems (HBS), Inc. (New York), International Business Machines Corporation (U.S.), Kronos, Inc.(U.S.) , Oracle Corporation (U.S.), Reflexis Systems, Inc.(U.S.), SAP SE (Germany), Ultimate Software Group, Inc.(U.S.), Verint Systems, Inc.(U.S.), Workday, Inc.(U.S.) and Workforce Software, LLC (U.S) 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.

Aerial Imaging Market : Increasing Popularity of Aerial Imagery to Reflect Positively on Market’s Growth

The global aerial imaging market is highly fragmented in nature, finds a new report by Transparency Market Research (TMR). The top five companies, namely, Fugro N.V., NRC Group ASA, Nearmap Ltd., Google Inc., and EagleView Technologies Inc., held only 15.4% of the overall market in 2016. With a large pool of players, the market demonstrates a competitive landscape.

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The leading players are focusing especially on technological improvements and integrated and joint innovation to build a new ecosystem to strengthen their presence in this market. Over the coming years, they are likely to be more involved in mergers and acquisitions for the expansion of their businesses, states the research study.

As per TMR’s estimations, the opportunity in the global market for aerial imaging is likely to expand at a CAGR of 14.60% during the period from 2017 to 2025, rising from US$1.36 bn in 2016 to US$4.58 by the end of the forecast period. Geospatial technology has emerged as the key application area of aerial imaging and is expected to continue like this over the forthcoming years, states the research report.

Government Sector to Continue as Key End User of Aerial Imaging Technique

The research report considers the commercial, civil engineering, military, forestry and agriculture, energy, insurance, and the government sectors as the key end users of aerial imaging across the world. The government sector has emerged as the leading consumer of aerial imaging technique and is expected to remain so over the forecast period. The increasing usage of aerial imagery in various applications, such as homeland security, improvement of town planning, energy sector exploration, and monitoring and management of environmental changes, is the key factor behind the dominance of this segment. The commercial and the forestry and agriculture sectors are also expected to witness a high-paced adoption of aerial imaging in the near future.

Geographically, the report segments the worldwide aerial imaging into North America, the Middle East and Africa, Europe, Asia Pacific, and South America. North America led this market in 2016, with US$575.9 bn in revenues. Researchers expect this regional market to continue to lead over the next few years on the grounds of the rising adoption of aerial photography in the agriculture and forestry industry. The rising advancements in automated drone technology and the increasing number of merger and acquisitions among key player in this region are also projected to boost the North America market for aerial imaging in the years to come, reports the study.

Increasing Application of Aerial Imaging in Various Industries to Boost Growth

“The increasing adoption of aerial imagery in various end-use industries is the most prominent driving force behind the growth of the global aerial imaging market,” says an analyst at TMR. Aerial imaging has found its applications in a number of industries, such as archeology, disaster risk estimation, cartography, defense and security, construction and development, journalism, tourism and intelligence surveillance and reconnaissance (ISR), and its application range is likely to expand in the year so come, leading to a substantial rise of this market over the next years.

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The increasing advancements in drone/UAV technology and the rising popularity of location-based services are also anticipated to propel this market in the near future. However, the growing concerns over privacy, public safety, and national security may limit the adoption of aerial imaging, impacting the market’s growth over the forecast period, notes the study.

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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.

Digital Signature Market : Demand and Popularity to Soar in BFSI Sector

The global market for digital signature demonstrates a competitive landscape, finds a new research report by Transparency Market Research (TMR). The top five players, namely, DocuSign Inc., Adobe Systems Inc., Gemalto NV, Entrust Datacard Corp., and Ascertia, collectively, held more than 57% of the overall market in 2016. A large pool market players are adopting strategies, such as alliances and partnership, to expand their presence. These companies are expected to further diversify their product portfolio and integrate value-added services into solutions to seize a greater market share over the forthcoming years, states the research report.

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As per the research report, the overall opportunity in the global market digital signature is likely to increase at a CAGR of 26.40% over the period from 2017 to 2025, rising from US$631.5 mn in 2016 to a value of US$4,983.6 mn by the end of the forecast period. As of now, on-premise-based digital signature solutions witness a higher demand; however, their cloud-based counterparts are likely to surpass them in the near future, thanks to the latter’s increasing popularity.

North America to Remain on Top in Terms of Adoption of Digital Signature

The BFSI, real estate, education, government, medical and healthcare, retail, transportation, and the legal sectors have been considered as the key industry verticals of the global market for digital signature in this research report. In 2016, the BFSI sector emerged as the market leader with a share of 23%. Researchers expect this segment to remain on the top over the forecast period, thanks to the growing demand for digital signature in the banking sector, fueled by advent of ‘digital client on boarding’. Apart from the BFSI sector, the adoption of digital signature is also expected to increase in the medical and healthcare industry in the near future due to the rising application of digital signature for storing patient records securely, drug prescriptions, release of medical information, physician/medical reports, and insurance claims processing.

On the geographical front, the worldwide market for digital signature has been classified into North America, Europe, Asia Pacific, the Middle East and Africa, and South America in the research report. North America dominated this market in 2016 with US$205.0 in revenues and is expected to continue reporting healthy growth in the years to come, thanks to the informant of several government regulations. Europe, however, is anticipated to surpass North America over the period of the forecast on the grounds of the government initiatives, intended towards creating opportunities for enterprises to conduct cross border business, notes the research study.

Increasing Awareness Regarding Benefits of Digital Signature to Boost Market’s Growth

“The increasing awareness among consumers pertaining to the benefits of digital signature, such as cost reduction, improved efficiency, and time savings, has been propelling the market for digital signature across the world.” states an analyst at TMR. Business organizations are inevitably faced with economic uncertainty, where they have to take tough decisions to reduce operational cost and improve enterprise efficiency. Since digital signature reduces the costs associated with printing, recording, scanning, mailing, and archiving, its adoption in various industries has increased substantially, reflecting greatly on the global market.

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Going forward, the market’s future looks thriving; however, the rising concerns over the legality of these signature may create obstacles in the growth trajectory of this market in the coming years, states the report.

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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.

Video Surveillance and VSaaS Market : Need to Maintain Resilient Infrastructure Emerges as Chief Growth Driver

The competition in the global video surveillance and VSaaS market is forecast to remain intense in the coming years. Besides the presence of several established and local enterprises, the market exhibits considerable opportunities for emerging players, finds Transparency Market Research (TMR) in a new study. This will however result in fiercer competitive rivalry among companies operating in the global video surveillance and VSaaS market. Thus to remain ahead of the curve, players are inclined towards partnerships and strategic collaborations. These could help them gain advanced technologies, besides offering distribution channel advantages.

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Hangzhou Hikvision Digital Technology Co. Ltd., Dahua Technology, and Axis Communications AB are among the leading companies in the global video surveillance and VSaaS market. These companies are mostly capitalizing on product launches to have a stronger foothold. In addition, the market players are taking efforts toward extending their merger and acquisition activities across emerging nations. Considering the positive influence of various strategies adopted by market players, coupled with other drivers, the global vide3o surveillance and VSaaS market will continue exhibiting steep growth.

Demand for Counter-terrorism Strategies Emerges as Chief Growth Driver

The global market for video surveillance and VSaaS will continue demonstrating strong growth, on account of increasing security concerns globally. Video surveillance technologies have proven extremely crucial especially for monitoring terrorist activities and likelihood for illegal infiltrations. Governments around the world are therefore investing in advanced video surveillance devices and sophisticated surveillance networks to give impetus to their counter-terrorism operations. Bringing critical infrastructure under video surveillance has thus become a worldwide drive, creating lucrative prospects for the market’s expansion.

“Considering the spread of terrorism and crime activities worldwide, coordinate efforts are required to reinforce and maintain secure and resilient infrastructure include assets, systems, and networks,” said a lead TMR analyst. Furthermore, upcoming sports events and other major dates, focus on video surveillance and VSaaS is more than ever. Following the surging demand, manufacturers are leaving no stone unturned to offer advancements in high definition (HD) and megapixel cameras. The cumulative effects of these factors will be realized by the video surveillance and VSaaS market as lucrative growth opportunities. In addition, the advent of do it yourself (DIY) video surveillance accelerated pace of gains is on cards for the market.

Corporate Protocols and High Bandwidth Requirements Emerge as Major Challenges

On the downside, bandwidth requirements in the corporate sector are very high due to the considerable number of users and applications. This has created a burden on the corporate sector as the use of IT applications is rising at an exponential rate. Furthermore, the bandwidth challenges have become more demanding as industries are transitioning from physical security to IP-based video surveillance and VSaaS solutions. It has therefore become extremely difficult for advanced security systems to effectively operate in growing networks and accommodate more users and applications.

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Nevertheless, with recent technological advancements such as inclusion of artificial intelligence the market will witness greater opportunities for growth in the future. Furthermore, integration of video analytics will help improving physical security and optimize utilization of surveillance. These developments will guarantee growth to the global video surveillance and VSaaS market in the coming years.

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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. 

Mobile Robotics Market : Increasing Investment in Defense to Fuel Adoption

The growing competitions among major players such as Alibaba, Amazon, and JD.com, characterizes the competitive landscape in the global market for mobile robotics, finds a new study by Transparency Market Research (TMR). The established participants are investing significantly in research and development as well as marketing resources, owing to which the competition within this market has intensified.

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With the producers focusing on manufacturing products at competitive prices, which are similar in functionality and performance and the rising number of new entrants, the degree of competition in this market is likely to remain high over the next few years, states the research report.

Increasing Deployment of Mobile Robots in Manufacturing Sector to Ensure Asia Pacific’s Dominance

In this research report, the worldwide market for mobile robotics has been classified into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America on the basis of geography. Asia Pacific led the global market in 2016 with 32.20% and is projected to maintain its dominance throughout the period of the forecast. The increasing deployment of mobile robots in the manufacturing sector is likely to drive the Asia Pacific mobile robotics market in the near future. Apart from this, the surge in the investment in defense and logistics sectors is also anticipated to increase the uptake of mobile robots in the coming years, reflecting greatly on the growth of this regional market.

According to the market study, mobile robots are mostly deployed in industrial and service applications. Among the two, mobile robots find a higher demand in the industrial application segment and the trend is likely to remain so over the next few years, states the reserch report.

Increasing Usage of Mobile Robots for E-Commerce Logistics to Boost Market’s Growth

“The increasing usage of mobile robots for e-commerce logistics is the key factor behind the substantial growth of the global market for mobile robotics,” states the author of this research report. The recent rise in the e-commerce sector has fueled the demand for efficient order fulfillment, resulting into the rising integration of automation with manual labor to make the delivery system more efficient and reduce the online retail fulfillment costs. This, as a result, has impacted this market positively and is expected to have a high influence over the coming years.

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The increasing demand for factory automation and the rising adoption of mobile robots in emerging economies, especially China, are also expected to stimulate this market over the forecast period. However, the high initial investments required for the deployment of mobile robots may hamper the growth of this market in the years to come, states the research study.

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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.

Europe SaaS Based HRM Market : Demand for Engaging User Interfaces Ups Revenue Earnings

Transparency Market Research (TMR) has observed that the competitive landscape in the Europe SaaS based HRM market is mildly fragmented. The leading players, The Sage Group plc, IBM Corporation and ADP, LLC, held a lion’s share of 55 in the Europe market in 2016. The unwavering dominance of these companies is attributable to the best HR information practices. The companies are constantly working on improving their product portfolio to help their customers to better their team’s performance through meaningful engagement. The Europe market is also slated to see to mergers and acquisitions in the over the forecast period as companies focus on expanding their geographical reach.

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According to the research report, the Europe SaaS based HRM market is likely to be worth US$1,962.1 mn by the end of 2025 from US$4676.2 mn in 2015. The Europe-based market is expected to progress at a CAGR of 11.3% during the forecast period of 2017 and 2025. The growing demand for better user-interfaces is expected to be the key growth driver for the overall market.

Germany Stands Out as it Progresses at a CAGR of 13.2% from 2017 to 2025

The solutions offered by the Europe SaaS based HRM market are time and attendance management, workforce management, HR and payroll, integrated solutions, and others such as hiring and scheduling. Of these, the demand for HR and payroll is expected to surpass all other solution segments. Analysts expect this segment to record revenue earnings worth US$595.6 mn by 2025. From a geographic point of view, the Germany is expected to expand at a fastest CAGR of 13.2% over the forecast period.

Efficiency of Cloud Services Improves Adoption Rate of SaaS Based HRM Solutions

Growing number of installed HRM systems are reaching stagnancy as they bring nothing new the table. These old, on-premise solutions are becoming obsolete and lack technological advancements that are necessary to keep up with modern demands. Thus, the upgradation of HRM systems that are SaaS-based models are expected to favor the market growth in the coming few years. Additionally, the market will also be supported by the growing need for engaging user-interface that offers a consumer-like experience.

“The flexibility of SaaS based HRM systems have won them a strong consumer base,” reports the lead author of the research report. The traditional on-premise solutions are also expensive to maintain, thus giving the SaaS based HRM systems an added advantage. The new-age systems do not need to be manually graded as it is done by vendors themselves. The key factors favoring the uptake of SaaS based HRM solutions is the consolidation of information under one platform.

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On the flip side, the global market does face a few challenges that are likely to cause the vendors in the market some setback. SaaS based HRM systems are depended on cloud services, which are highly prone to cyber-attacks, service interruption, data leakage, and service impairment. Unfortunately, this can have a negative impact on the user experience due to unstable network transmissions. The growth of the market is also being threatened by the lack of technical knowledge amongst the human resource management enterprises. However, the increasing pressure on end users to manage human resources issues in a unified manner is expected to open up several opportunities for the europe market.

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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.