Thursday, 23 March 2017

Harmonic Filters Demand to be Heavily Influenced by Trends in Power Quality Management

Demand for Harmonic Filters Climbs High on Swelling Need for Power in Utilities

Growing concerns over the quality of power and power transmission, triggered by the swelling need for power on utilities, have boosted the demand for harmonic filters across the world, TMR’s analysis notes. The sales volume of these filter has also been climbing high on the back on increasing installation of variable frequency drives (VFDS) in the recent past. In 2015, harmonic filters gained an overall market value of US$697.2 mn, globally.

Over the next few years, the implementation of strict rules pertaining to energy consumption in industries is projected to upswing the demand for harmonic filters, specifically in IT industry and data centers. However, the dearth of consumer awareness regarding harmonic suppression will limit their application across other industries. Besides, harmonic filters are expensive and their installation and maintenance incur a significant amount as well, which also will hamper their adoption to some extent.

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The global harmonic filter market is expected to rise at a CAGR of 6.50% during the period from 2016 to 2024 and reach an opportunity worth US$1.2 bn by the end of 2024.

Active Harmonic Filters to Gain Impetus

Harmonic filters are available in two types: Active and passive. Passive harmonic filters enjoy a higher demand in comparison with active harmonic filters, owing to their cost efficiency and robust design. In 2015, the passive harmonic filter segment accounted for more than a share of 75% of the overall demand. The segment is expected to remain dominant in the coming years; however, its share in the total demand is likely to drop to 74% by the end of 2024.

Active harmonic filters will gain significant impetus over the next few years, states TMR. The rising awareness regarding the benefits offered by these filters in terms of voltage stability and harmonic mitigation is projected to drive this segment at a CAGR of 8.1% from 2016 to 2024.

Asia Pacific to Remain at Center of Global Harmonic Filters Market

The market for harmonic filters stretches across Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. With a share of nearly 38%, Asia Pacific has emerged as the largest contributor to the global market in 2015. The region has suffered massive losses of energy during distribution and transmission due to poor power quality, which has compelled enterprises operating in this region to deploy harmonic filters in order to ensure improved power quality.

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As the region witnesses a soaring need for electricity, the demand for harmonic filters is likely to increase extensively in the coming years. Rising at a CAGR of 6.80% during the period from 2016 to 2024, the market opportunity is estimated to increase from US$264.3 mn in 2015 to US$471.6 mn by the end of 2024.

Europe emerged second in the global harmonic filter market in 2015; however, the region is likely to experience a sluggish demand for these filters in the coming years. Thanks to the availability of high-quality power infrastructure, harmonic concerns do not amount to be a problem in Europe.

At the forefront of the global harmonic filter market are companies such as ABB Ltd., Emerson Electric Co., and Schneider Electric SE. Collectively, these three players account for a share of 41% in the overall market.

MTE Corp., Eaton Corp. Plc, TDK Corp., Crompton Greaves Ltd., Schaffner Holding AG, Baron Power Ltd., Danfoss A/S, Siemens AG, and Comsys AB are some of the other prominent participants in the highly concentrated market for harmonic filters.

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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.


Rising Focus on Green Construction Activities to Boost Demand for Smart Elevators and Escalators

According to the United Nations, the world is presently witnessing the largest wave of urban development. For the very first time in the history of the world, more than half the world’s population is residing in urban dwellings. The swelling number of urban-living population is expected to rise to nearly 5 bn by 2030. The trend of urbanization will lead to the construction of taller commercial and domestic dwellings so as to make the most of sparse spaces in densely populated cities.

The world’s geriatric demographic and middle class population is also rapidly rising. Construction companies are becoming more environmentally responsible and consumer centric. Rising concerns regarding emissions and the major role of the construction industry in producing large volumes of environmentally harmful chemicals and gases throughout the lifecycle of a building are pushing the need for sustainable operations and products.

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These trends are collectively driving the increased demand for a variety of smart elevators and escalators across the globe. TMR findings suggest that the market will expand at a favorable 6.3% CAGR from 2015 to 2023. At this rate, the market, which valued US$96.63 bn in 2014, will rise to US$162.56 bn by 2023.

Companies Align Growth Strategies towards Asia Pacific

It is estimated that nearly 7 out of every 10 elevators are installed in Asia Pacific. To remain competitive and exploit the vast growth opportunities in this regional market, major vendors in the smart elevators and escalators market are expanding their reach in major Asia Pacific countries such as India and China, by increasing the number of sales offices and branches.

Schindler Holding Ltd., one of the largest smart elevators and escalators companies in the world, increased the number of sales offices and branches in China to over 200. In their pursuit of growth strategy aimed at expanding presence in this region, many major vendors in the market are making large investments in towards expansion in the region, in the R&D and production capabilities, and in the development of new, innovative, and cost- and energy-efficient products.

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Despite the slow economic growth in the past few years, China will remain the largest smart elevator and escalators market globally over the next few years, with growth majorly driven by the country’s rapidly progressing and populating tier 1 cities and increase in other infrastructure-related projects. Growth in India will also be promising for the elevators and escalators market owing to rapid urbanization and several infrastructure development projects.

Flourishing Tourism and Hospitality Sector to Present Major Growth Avenues

The market for smart elevators and escalators is presently dominated by the residential and transportation sectors and is projected to witness very few changes in the overall contribution of crucial application segments in market’s revenues. The hotels segment will benefit from the rising numbers of budget and luxury hotels across the globe. Hotels contributed to a modest 11.2% revenue share in the global smart elevators and escalators market in 2014 and is expected to exhibit a 6.9% CAGR from 2015 to 2023. Rising numbers of supermarkets, hypermarkets, and rise in warehousing operations in the retail industry will also benefit the global smart elevators and escalators market gain sustainable growth over the said period.

Despite the presence of a large number of companies, the global smart elevators and escalators market is majorly consolidated, with the top four companies accounting for a share of over 61% in the global market in 2015. Other than the top our contenders in the market, Otis Elevator Company, Schindler Holding Ltd., Kone Corporation, and ThyssenKrupp AG, some of the most prominent vendors are Cisco Systems, Inc., Toshiba Corporation, Fujitec Co., Ltd., Mitsubishi Electric Corporation, Hitachi Ltd., and Kleemann Hellas SA.

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.  

Wednesday, 22 March 2017

Hyper Spectral Imaging Market: Leading Players Focusing on Expanding Footprint via Strategic Collaborations

Global Hyper Spectral Imaging System Market: Snapshot

The hyper spectral imaging system (HIS) involves collection and processing of data which is collected across an electromagnetic spectrum. Hyper spectral imaging systems enable obtaining spectrum for every pixel in a particular image or a sequence of images. Information provided by hyper spectral imaging systems has huge data access, which facilitates in the identification of an object. The hyper spectral imaging system are used to find shortwave infra-red (SWIR) spectrum region for providing in-depth information about the composition of a medicine. This is not possible with the help of normal or standard imaging processes.

Considering benefits this technology provides, there is growing adoption of hyper spectral imaging system in the healthcare and medicine industry. The system assists in the diagnosis of numerous life-threatening diseases. Besides this, it is used in detecting oral medical complicacies without drilling or X-rays. While the global hyper spectral imaging system market is forecast to continue benefiting from benefits the system provides across diverse industrial verticals, the cost of acquiring these systems will remain a major bottleneck.

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Nevertheless, with technological innovations, reduction is price can be achieved. Price reduction will create lucrative opportunities for the market’s expansion in the near future, especially in agriculture and food processing industries. Given the scenario, Transparency Market Research (TMR) projects the global hyper spectral imaging system market to exhibit a CAGR of 8.4% between 2016 and 2024. At this pace, the market’s valuation will reach US$18.88 bn in 2024, from US$9.12 bn in 2015.

Demand for Outdoor Imaging Systems to Rise at Positive Pace

Based on systems, PC Base, outdoor camera, airborne, and others constitute the key segments in the global hyper spectral imaging market. Of these, the outdoor hyper spectral imaging systems segment emerged dominant in 2015 with a valuation of US$1.61 bn. These systems can be portable tripod mounted or fixed and are considered more rugged than other types of HIS systems. The outdoor camera hyper spectral imaging systems cover 350 to 1700 nm spectral range and are widely preferred in field and defense applications. During the course of the forecast period, the segment is likely to exhibit robust growth.

In terms of end-use industry, the global market has been segmented into military surveillance and homeland security, industrial, medical diagnostics, food processing, mineralogy, astronomy, and others. There is growing preference in usage of hyper spectral imaging systems in the medical diagnostic sector. This will create considerable opportunities for the hyper spectral imaging system market over the next few years. The hyper spectral imaging system enables early detection and treatment of life threatening medical conditions. Furthermore, the increasing application of hyper spectral imaging system in dentistry for the detection of tooth decay and other dental conditions will aid the market’s expansion in the coming years.

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Asia Pacific Hyper Spectral Imaging System Market to Growth at Greater Pace

Regionally, the global hyper spectral imaging system market can be broadly classified into North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America. Among these regions, North America accounted for the largest market share in the market in 2015, followed by Europe. However, as per TMR Asia Pacific is expected to grow at the fastest rate over the forecast period. Hyper spectral imaging system is finding a wide range of application across a diverse sectors in Asia Pacific. Many leading companies are setting up their manufacturing facilities in the region due to availability of raw material and cheap labor in the region. This is expected to drive the hyper spectral imaging system market in Asia Pacific.

Some of the key players in the hyper spectral imaging (HSI) systems market are Norsk Elektro Optikk (Norway), Corning Incorporated (U.S.), Applied Spectral Imaging, Inc. (U.S.), Specim Spectral Imaging Ltd. (Finland), Resonon Inc. (U.S.), Telops Inc. (Canada), Surface Optics Corporation (U.S.), Chemimage Corporation (U.S.), BaySpec Inc. (U.S.), Headwall Photonics, Inc. (U.S.), FLIR Systems (U.S.), Teledyne Technologies International Corp (U.S.), and Thermo Fisher Scientific (U.S.).

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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. 

Wednesday, 15 March 2017

Industrial Burner Market: Increasing Demand for Industrial Boilers to Create Growth Opportunities for Manufacturers

Global Point of Sale (PoS) Receipt Printer Market: Snapshot

The focus of retail and hospitality sectors is majorly on offering personalized and interactive consumer experience. As installing point of sale (PoS) receipt printers allow merchants to focus on myriad customer-centric campaigns, their demand is forecast to increase considerably in the near future. PoS receipt printers have emerged as an accurate, efficient, and effective printing solution in the recent years. Besides generating quality systems, the novel technology has helped in reducing the printing time as compared to their traditional counterpart. With growth witnessed in retail and hospitality sectors, the demand for PoS receipt printers is forecast to rise further in the coming years.

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Mobility is considered indispensable in hospitality and retail sectors to expedite the counter sales process thereby increasing the number of transactions. This is a chief driver of the global PoS receipt printer market. In addition, the demand for point of sale receipt printer is anticipated to rise in associated industries such as healthcare, warehouse / distribution and entertainment. Spurred by these factors which is expected to drive the market growth. However, the rising adoption of cloud based point of sale system is threatening the point of sale receipt printer market. Considering the mounting environmental concerns, end users are more inclined towards paperless transaction. This could hinder the market’s trajectory to an extent.

According to Transparency Market Research (TMR), the global point of sale receipt printer market is forecast to exhibit a CAGR of 7.7% between 2017 and 2025. At this pace the market will reach US$4.2 bn by the end of 2025 from a valuation of US$2.08 bn in 2015.

Mobile Receipt Printer Segment to Exhibit Growth at Higher Pace

Based on type, the global point of sale receipt printer market can be bifurcated into mobile receipt printer and desktop receipt printer. Of these, the desktop receipt printer segment emerged dominant in 2015. This segment includes various alternatives to support any PoS receipt printer enabling jam detection, high quality printed copy, and increased printing speeds. However, the uptake of mobile receipt printers is forecast to be higher in the coming years. Birthing of advanced technologies offering ease of use will boost the demand for mobile receipt printers in the coming years. According to TMR, the mobile receipt printer segment will exhibit a CAGR of 9.2% between 2017 and 2025.

Asia Pacific will Offer Lucrative Opportunities for PoS Receipt Printer Market

Regionally, North America held the leading share in the global PoS receipt printer market in 2015. The region is expected to continue dominating the overall landscape on account of the rising demand for developed nations such as the U.S. and Canada. The presence of a large number of the retail giants such as The Home Depot, Wal-Mart Stores, Walgreen, The Kroger Co, Costco, Target, and others will aid expansion of the regional market.

However, booming economies and improved living standard of consumers will bolster opportunities for the market players in Asia Pacific at a higher rate. The demand for PoS receipt printers will be high especially in countries such as India and China. Besides the presence of large multinational retail and food chain brands, these countries feature expanding hospitality sector, which is aiding the growth of the PoS receipt printer market in Asia Pacific. As per TMR, the Asia Pacific PoS receipt printer market will reach over US$1.02 bn by the end of 2025.

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The key players profiled in the global PoS receipt printer include Bixolon Co., Ltd., Citizen Systems Europe GmbH, SEIKO EPSON CORP., HP Development Company L.P., Posiflex Technology, Inc., POS-X, Star Micronics, Inc., Transact Technologies, Inc., TVS Electronics, ZIH Corp among others.

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. 

Point of Sale (PoS) Receipt Printer Market: Demand for Improved Mobility in Retail and Hospitality Sectors to Boost Growth

Global Point of Sale (PoS) Receipt Printer Market: Snapshot

The focus of retail and hospitality sectors is majorly on offering personalized and interactive consumer experience. As installing point of sale (PoS) receipt printers allow merchants to focus on myriad customer-centric campaigns, their demand is forecast to increase considerably in the near future. PoS receipt printers have emerged as an accurate, efficient, and effective printing solution in the recent years. Besides generating quality systems, the novel technology has helped in reducing the printing time as compared to their traditional counterpart. With growth witnessed in retail and hospitality sectors, the demand for PoS receipt printers is forecast to rise further in the coming years.

Fill the form to gain deeper insights on this market @

Mobility is considered indispensable in hospitality and retail sectors to expedite the counter sales process thereby increasing the number of transactions. This is a chief driver of the global PoS receipt printer market. In addition, the demand for point of sale receipt printer is anticipated to rise in associated industries such as healthcare, warehouse / distribution and entertainment. Spurred by these factors which is expected to drive the market growth. However, the rising adoption of cloud based point of sale system is threatening the point of sale receipt printer market. Considering the mounting environmental concerns, end users are more inclined towards paperless transaction. This could hinder the market’s trajectory to an extent.

According to Transparency Market Research (TMR), the global point of sale receipt printer market is forecast to exhibit a CAGR of 7.7% between 2017 and 2025. At this pace the market will reach US$4.2 bn by the end of 2025 from a valuation of US$2.08 bn in 2015.

Mobile Receipt Printer Segment to Exhibit Growth at Higher Pace

Based on type, the global point of sale receipt printer market can be bifurcated into mobile receipt printer and desktop receipt printer. Of these, the desktop receipt printer segment emerged dominant in 2015. This segment includes various alternatives to support any PoS receipt printer enabling jam detection, high quality printed copy, and increased printing speeds. However, the uptake of mobile receipt printers is forecast to be higher in the coming years. Birthing of advanced technologies offering ease of use will boost the demand for mobile receipt printers in the coming years. According to TMR, the mobile receipt printer segment will exhibit a CAGR of 9.2% between 2017 and 2025.

Asia Pacific will Offer Lucrative Opportunities for PoS Receipt Printer Market

Regionally, North America held the leading share in the global PoS receipt printer market in 2015. The region is expected to continue dominating the overall landscape on account of the rising demand for developed nations such as the U.S. and Canada. The presence of a large number of the retail giants such as The Home Depot, Wal-Mart Stores, Walgreen, The Kroger Co, Costco, Target, and others will aid expansion of the regional market.

However, booming economies and improved living standard of consumers will bolster opportunities for the market players in Asia Pacific at a higher rate. The demand for PoS receipt printers will be high especially in countries such as India and China. Besides the presence of large multinational retail and food chain brands, these countries feature expanding hospitality sector, which is aiding the growth of the PoS receipt printer market in Asia Pacific. As per TMR, the Asia Pacific PoS receipt printer market will reach over US$1.02 bn by the end of 2025.

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The key players profiled in the global PoS receipt printer include Bixolon Co., Ltd., Citizen Systems Europe GmbH, SEIKO EPSON CORP., HP Development Company L.P., Posiflex Technology, Inc., POS-X, Star Micronics, Inc., Transact Technologies, Inc., TVS Electronics, ZIH Corp among others.

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. 

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.

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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.