Technology | Grand View Research: October 2016

Friday 28 October 2016

Next Generation Memory Market Will Grow Rapidly Owing To Increasing Need For Fast And Economical Storage Solutions Across Diverse Applications Till 2020

The Global Next Generation Memory Market is expected to reach USD 3.43 billion by 2020, according to a new study by Grand View Research, Inc. Increasing need for fast and economical storage solutions across diverse applications is estimated to drive market growth over the forecast period. Next generation memory is used for various applications such as enterprise, industrial and automotive to store and manage information, which is expected to augment market growth over the next six years.
Increasing use of next generation memory in mobile phones to enhance customer experience is expected to fuel market growth. Increasing demand for wearable electronics and replacement of flash memory storage may provide new growth avenues to the next generation memory market. Low environment stability and high design cost may act as a restraint to market growth over the forecast period.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/next-generation-memory-market

Further key findings from the study suggest:

Non-volatile memory storage is expected to remain the key product segment over the forecast period; it accounted for over 90% of the market in 2013. This technology is used for economical storage and fast processing of data and sustains the stored information even when the power is turned off. Volatile memory storage is estimated to witness considerable growth over the forecast period. In this technology, information fades when the power supply is turned off unless the storage device is periodically refreshed.
Mobile phones were a major application segment in 2013 and accounted over 55% of the overall market in the same year. All common computing platforms from handheld devices to supercomputers use storage systems to store data permanently or temporarily. Smart cards store a few bytes of data and are expected to grow at a significant rate over the forecast period.
North America was estimated to be the key regional market in 2013. The Asia Pacific market is expected to grow at a considerable rate owing to increasing demand for smartphones and tablets. Additionally, presence of key market players in countries such as China, India, Japan and South Korea is also expected to positively impact the regional market over the forecast period.
Key industry participants include Samsung Electronics Co. Ltd., IBM Corp, Adesto Technologies, Crossbar Inc, Fujitsu Ltd, Toshiba Corporation, Intel Corporation etc. Toshiba along with SK Hynix are working on production of next generation memory chips, which is expected to decrease power consumption and increase data transfer speed. Economical and efficient solution development is expected to be a critical success factor for market players.

Read detailed report or request for sample of this research report: - http://www.grandviewresearch.com/industry-analysis/next-generation-memory-market/request
For the purpose of this study, Grand View Research has segmented the global next generation memory market on the basis of product, application and region:
Next Generation Memory Product Outlook (Revenue, USD Million, 2012 – 2020)
• Volatile
• Non-Volatile
Next Generation Memory Application Outlook (Revenue, USD Million, 2012 – 2020)
• Mass Storage
• Mobile Phones
• Industrial & Automotive
• Embedded MCU & Smart Cards
• Cache Memory & Enterprise Storage
Next Generation Memory Regional Outlook (Revenue, USD Million, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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Thursday 27 October 2016

Encryption Software Market Will Grow Rapidly Owing To Enhanced Demand In BFSI And Retail Industries Till 2024: Grand View Research, Inc.

The global encryption software market is expected to reach USD 8.402.9 million by 2024, according to a new study by Grand View Research, Inc. Organization vulnerabilities are on a rise with enterprises working through the disaggregated point solutions and a multitude of management platforms, which is anticipated to drive the encryption software market over the forecast period.
Encryption software enables the protection of confidentiality of the information stored in the database and data in transit as per the compliance and security requirements of any organization. This renders the data unreadable even to the authorized person, thereby enhancing the security of confidential data. Publicized data loss together with new governance and compliance regulations is expected to drive the need for customers to encrypt data. Organizational best practices point towards data encryption as a key solution for data privacy. However, the lack of budget is the key reason cited by organizations for being unable to make extensive investments in encryption solutions and this is presumed to challenge the industry demand.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/encryption-software-market

Further key findings from the study suggest:

· The BFSI segment is anticipated to witness a healthy demand and penetration as these institutions are aggressively and proactively adopting these software solutions to secure confidential and sensitive information. The segment captured over 25% of the overall revenue share in 2015 and is anticipated to witness growth at a CAGR exceeding 16% from 2016 to 2024.

· In 2015, the on-premise deployment segment accounted for over 60% of the market share. The segment is expected to witness a substantial growth over the forecast period. This is ascribed to the growing need to minimize the scope of compliance audits along with avoiding public disclosures after a data breach.

· The disk encryption segment is anticipated to experience a growth at a CAGR exceeding over 15% from 2016 to 2024. This healthy growth is accredited to the increasing adoption of the disk coding software to secure desktop and laptops by encrypting all the data at rest on a hard drive.

· Europe is estimated to witness a modest growth over the forecast period, which is primarily attributed to the recovering economy resulting in demand across several end-use industries including retail, BFSI, manufacturing, healthcare, and telecom. The IT upgrades in the existing infrastructure are anticipated to spur the product demand over the next eight years.

· The industry is fragmented in nature with the presence several new and well-established players. A few notable players in the market include Bloombase, Microsoft Corporation, Symantec Corporation, Intel Security (McAfee), Sophos, Check Point Software Technologies, EMC Corporations, and Cisco Systems, among others. Since the industry is dynamic in nature with enterprises having to deal with several data security issues, companies focus on continuous product development in compliance with regulatory standards and evolving end-use requirements.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/network-security-software-and-services

Grand View Research has segmented the global encryption software market on the basis of deployment, application, end-use, and region:
Deployment Outlook (Revenue, USD Million, 2013 - 2024

· On-premise

· Cloud-based

Application Outlook (Revenue, USD Million, 2013 - 2024)

· Disk Encryption

· File/Folder Encryption

· Database Encryption

· Web Communication Encryption

· Network Traffic Encryption

· Cloud Encryption

· Others

End-Use Outlook (Revenue, USD Million, 2013 - 2024)

· BFSI

· Healthcare

· Retail

· Government & Public Administration

· Telecom

· Defense & Aerospace

· Education

· Manufacturing

Regional Outlook (Revenue, USD Million, 2013 - 2024)

· North America

o U.S.

o Canada

· Europe

o Germany

o UK

o France

· Asia Pacific

o China

o India

o Japan

· Latin America

o Brazil

o Mexico

· Middle East & Africa

For press release of this report - http://www.grandviewresearch.com/press-release/global-encryption-software-market

Wednesday 26 October 2016

Application Delivery Controller Market Is Expected To Reach USD 4.34 Billion By 2024: Grand View Research, Inc.

The global Application Delivery Controller (ADC) market is expected to reach USD 4.34 billion by 2024, according to a new report by Grand View Research, Inc. The application delivery controller market is anticipated to witness a high growth over the forecast period. This may be accredited to the increasing globalization and distributed enterprise architecture, which requires networks that can deliver their business-critical applications faster, thereby ensuring security. The increase in the data center traffic and the growing ADC popularity, particularly in the consolidated data center segment, are expected to be the major factors spurring the ADC market growth over the forecast period.
The increasing adoption of the BYOD phenomenon has led to the widespread usage of tablets and smartphones particularly in large organizations as it significantly increases the scope and span of enterprises. This, in turn, has resulted in a rise in the ADC demand in order to balance and maintain the server load. In addition, emerging technologies, such as software-defined storage (SDS) and software-defined networking (SDN), are also anticipated to spur the ADC market growth over the coming years.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/application-delivery-controller-market

Further key findings from the report suggest:

· The virtual segment captured over 30% of the total revenue share in 2015 and is anticipated to exhibit growth exceeding 5.0% from 2016 to 2024. This can be attributed to the improved IT agility, performance, and cost benefits offered by them over the hardware-based ADCs as well as the increasing cloud-based data center traffic.

· The small & medium enterprise (SME) segment is expected to gain prominence over the forecast period exceeding a compound annual growth rate of 5% from 2016 to 2024. This is ascribed to the increasing adoption of web-enabled services and web-based apps for running their business as well as to the proliferation of internet-enabled devices.

· The IT & telecom segment accounted for a significant revenue share in 2015 capturing over 25% of the overall revenue share in the same year. The segment is expected to grow at a CAGR exceeding 5.5% from 2016 to 2024. This is majorly due to the integration of ADCs into enterprise IT systems to enhance efficiency.

· Asia Pacific is expected to emerge as the fastest growing segment accounting for more than 20% of the overall share in 2015. This growth is due to increasing investments in the IT infrastructure, primarily in China and India. Furthermore, the rising demand in this region can be ascribed to the high market penetration, owing to the webification of organizational applications along with the growing ADC application in server firewalls and network security systems.

· The key application delivery controller market purveyors comprise F5 Networks Inc., Citrix Systems, A10 Networks Inc., Array Networks, Inc., and Brocade Communications Systems, Inc. Companies, with their extensive distribution channels and worldwide presence, lay emphasis on adopting the best practices for developing solutions to achieve competitive advantage in this industry.

Read detailed report or request for sample of this research report: - http://www.grandviewresearch.com/industry/network-security-software-and-services

Grand View Research has segmented the application delivery controller market on the basis of deployment, enterprise size, end-use, and region:
Application Delivery Controller Deployment Outlook (Revenue, USD Million; 2014 - 2024)

· Hardware-based ADCs

· Virtual ADCs

Application Delivery Controller Enterprise Size Outlook (Revenue, USD Million; 2014 - 2024)

· Small & Medium Enterprise

· Large Enterprise

Application Delivery Controller End-Use Outlook (Revenue, USD Million; 2014 - 2024)

· IT & Telecom