Wearable Technology Market To Represent USD 196.5 Billion Opportunity Globally by 2022: Grand View Research, Inc.

The global wearable technology market is anticipated to reach USD 196.5 billion by 2022, according to a new study by Grand View Research, Inc. Research and development investment by large number of industry player is expected to fuel growth over the forecast period.

Increasing disposable income worldwide is expected to fuel industry growth over the forecast period. Technological advancement, price, quality, and battery life influence the buying decision of the end-users. The emergence of 3D printing solution and crowd funding is expected to positively impact the wearable technology market.

Increasing smartphone penetration worldwide is expected to propel industry growth over the forecast period, owing to increasing wearable device compatibility. Advancement in semiconductor electronics is expected to favor more efficient and effective products, thereby fuel revenue growth over the next seven years.

Various health and economic benefits are expected to contribute to overall industry development. For instance, advertisement agencies can bring down research cost through the use of eye-wear, which can allow enhanced data collection of customers’ feedbacks. Low battery life and high cost of some of the devices may hinder the industry growth over the forecast period. Data privacy concern may also adversely affect the industry demand.

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

Further key findings from the study suggest:

• The global industry is innovation driven and continuously evolving. The products available in the market include wrist-wear, neck-wear, body-wear, eye-wear and foot-wear. Companies such as Nike, Garmin, GOQii are offering wrist-wear for fitness and sport and healthcare application.
• Applications include healthcare, fitness and wellness, infotainment, enterprise and industrial, and defense. Increasing concern about fitness and health among urban population is anticipated to drive demand over the forecast period. Advancement in virtual reality technology is expected to favor the infotainment segment over the next seven years. Government initiative to enhance their defense capability and provide soldiers with advanced technology is anticipated to drive investment in this sector.
• North America wearable technology market is estimated to be the key regional segment and is anticipated to grow at a CAGR of around 32% over the next seven years. Increasing in awareness about the benefit of this technology will drive demand in Asia Pacific over the forecast period. Asia Pacific is expected to be key component manufacturing hub over the forecast period owing to availability of cheap resources. The region was valued over USD 3 billion in 2014, and is expected to grow at a CAGR of over 36% from 2015 to 2022.
• Companies operating in the industry include Apple Inc., Adidas AG, Garmin, Fitbit, Nike, Inc., Google Inc., Jawbone, Sony Corp, Samsung Electronics Co. Ltd., and Xiaomi. In March 2014, Google Inc. launched Android operating system for wearable technology. CuteCircuit Technologies is a company that designs and develops wearable garments for both men and women.

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

Grand View Research has segmented the wearable technology market on the basis of product, application and region:

Wearable Technology Product Outlook (USD Billion, 2012 – 2022)

• Wrist-wear
• Eye-wear
• Foot-wear
• Neck-wear
• Body-wear
• Others

Wearable Technology Application Outlook (USD Billion, 2012 – 2022)

• Fitness and sports
• Healthcare
• Infotainment
• Defense
• Enterprise and industrial

Wearable Technology Regional Outlook (USD Billion, 2012 – 2022)

• North America
• Europe
• Asia Pacific
• RoW

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.

Website:  http://www.grandviewresearch.com/

Cloud Security Market Will Grow Rapidly Owing To Rising Demand For Security Services And Policy Implementation Till 2024: Grand View Research, Inc.

The global cloud security market is expected to reach USD 13.93 billion by 2024, according to a new report by Grand View Research, Inc. The cloud infrastructure has witnessed a significant growth in recent years and its popularity can be attributed to the on-demand services, scalability and flexibility, and the cost effective solutions it offers to organizations. In addition to the tussle between public and private cloud the emergence of hybrid cloud has given cloud users numerous different platforms and frameworks to choose from. As the adoption of cloud reaches new levels, the security issues concerning cloud users and vendors have come to the forefront.

Increasing threats to data and information stored on the cloud, emphasized by the data breaches of recent years are anticipated to create a greater demand for the cloud security solutions. The industry is also expected to see greater efforts at creation of regulations and compliance laws as the need for an industry-wide standard is eminent. The demand for security services and policy implementation is also expected to increase driving the overall cloud security market.

The dynamic nature of industry may result in increasing adoption of open source platforms, whereas the versatility of data and diverse threat vectors will lead to security-as-a-service offering gaining traction among the vendors as well as the users. The sharing of responsibility between Cloud Service Providers (CSPs) and cloud users for protecting the data will impact the security landscape positively. In addition, technologies such as virtualization, convergence and hybrid cloud are predicted to help in implementing security at different levels of cloud infrastructure.

The increasing sophistication of the hacking techniques and the technological advancement in malicious software is expected to unleash new generation of attacks such as advanced persistent threats (APTs), ransomware, malicious insider, distributed denial of service (DDoS) and zero day threats among others. With growing threats and malicious hackers, industry wide collaborations and partnerships to tackle emerging threats may pave the way for future industry developments.

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

Further key findings from the report suggest:

• As an increasing number of organizations adopt cloud cyber-attacks and data breaches have increased dramatically with highly sophisticated attacks targeted at confidential data. Last two years have seen many high level data breaches such as the attack on Ashley Madison, Home Depot, Anthem and even some security providers such as Kaspersky Labs.
• Cloud computing has been erasing traditional geographic boundaries with its world wide spread but the changing cloud regulations and government roles may complicate the market. While some countries such as Germany are opting for greater data privacy, other countries are striving for greater visibility in the internet traffic (such as U.S. and France).
• The cloud security is also affected by industry specific regulations such as Health Insurance Portability and Accountability Act of 1996 (HIPPA) for healthcare, Payment Card Industry Data Security Standard (PCI DSS) for financial sector as well as international laws like Safe Harbor Act and European Union Data Protection Directive.
• CA Technologies Inc., Cisco Systems, Fortinet Inc., IBM Corp., Intel Corp., TrendMicro, VMware and Symantec Corp. some of the major industry players in this domain. Other key vendors include BMC Software, Bitium Inc., CloudPassage, Netskope, SkyHigh Networks Inc., Snoopwall Inc., Sophos, and Whitehat Virtual Technologies.
• Key industry players such as CA Technologies, TrendMicro, Symantec Corp., Intel Corp. and IBM Corp. use technological alliances, partnerships and collaborations with other industry players to maintain market competencies.

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

Grand View Research has segmented the global cloud security market on the basis of application, company size, solution, deployment and region:

Application Outlook (Revenue, USD Million; 2014 - 2024)

·         Financial Services

·         IT and telecom

·         Government

·         Education

·         Healthcare

·         Media and entertainment

·         Others

Company Size Outlook (Revenue, USD Million; 2014 - 2024)

·         Small and Medium Enterprises

·         Large Enterprises

Solution Outlook (Revenue, USD Million; 2014 - 2024)

·         Cloud IAM

·         Cloud Email Security

·         Cloud IDS/IPS

·         Cloud DLP

Deployment Outlook (Revenue, USD Million; 2014 - 2024)

·         Public

·         Private

·         Hybrid

Regional Outlook (Revenue, USD Million; 2014 - 2024)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    China

o    Japan

o    India

·         Latin America

o    Brazil

·         Middle East & Africa (MEA)

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.

Website:  http://www.grandviewresearch.com/                 

Agriculture Drone Market To Represent USD 3,770.0 Million Opportunity Globally by 2025: Grand View Research, Inc.

The global agriculture drone market is expected to reach USD 3,770.0 million by 2024, according to a new report by Grand View Research, Inc. The increasing technological advancements in equipment and for enhancing the quality of the farming techniques have led to the increased implementation of agriculture drones in the market.

Increasing automation in the agriculture process, owing to the labor crisis, such as lack of skilled farmers, aging farmers, is also expected to positively impact the market growth. A favorable shift in the regulatory policy is also expected to allow start-ups to operate in small and large farming operations and aid in disease & water management.

Innovations in the GPS mapping field coupled with the advancements in precision agriculture are expected to propel the industry growth over the forecast period. Drones have the potential to implement better plantation with crop rotation strategies and give crucial inputs related to the daily progress of crops which is further contributing to the growth.

The companies operating in the industry are designing and manufacturing systems that are collecting the data and are incorporating them into business models. which is further anticipated to enhance the industry growth. The data gathered from drones help the farmers to improve yields; supply water, fertilizer, or chemical when needed, and are also able to map their fields, check for signs of disease, monitor crop health, and save time in the process.

The scarcity of trained pilots for operating the drones may impact the market growth, although the market is expecting to overcome the scarcity, gradually, with the increasing applications of the drone.

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

Further key findings from the report suggest:

• The fixed wing agriculture drone is expected to remain as a key revenue generating segment over the forecast period. The hybrid agriculture drones are anticipated to witness enormous growth in the next 8 years, owing to their ability to carry heavy weights and hover over fields.
• The crop scouting application is anticipated to drive the market growth over the forecast period, with the increasing application of crop spraying, which will further increase the yields and reduce the wastage of pesticides & fertilizers and crops.
• The North America agriculture drones market is expected to remain the key revenue generating region with a prevalent share of the industry. The increasing adoption of the drones, in various applications including spraying, seeding, and livestock farming, has led to the enormous market share.
• The Asia Pacific agriculture drone market is anticipated to witness a significant growth over the forecast period, owing to the increasing investments in R&D in the region.
• The key players in the agriculture drone market include DJI Technology, Trimble Navigation Ltd., PrecisionHawk, Parrot SA, and 3D Robotics

Read our blogs on agriculture drone market - http://www.grandviewresearch.com/blog/agriculture-drones-the-future-of-farming

Grand View Research has segmented the agriculture drone market based on product type, application, and region:

Product Outlook (Transaction Revenue, USD Billion, 2014 - 2024)

·         Fixed wing

·         Rotary blade

·         Hybrid

Application Outlook (Transaction Revenue, USD Billion, 2014 - 2024)

·         Field mapping

·         Variable rate application

·         Crop scouting

·         Others

Regional Outlook (Transaction Revenue, USD Billion, 2014 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         MEA

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.

For More Information Visit - http://www.grandviewresearch.com/

System Integration Market Is Expected To Witness A Significant Growth Owing To The Rising Investments In IT Infrastructure Across The Globe Till 2025: Grand View Research, Inc.

The global system integration market is expected to reach USD 528.2 billion by 2025, according to a new report by Grand View Research, Inc. Increased spending on system integration solutions, by the key players in the market, has enriched the IT infrastructure and subsequently eliminated redundancies. The growing requirement for eradicating heterogeneity, multiplicity, and fluctuating distinctiveness of vital applications & infrastructures is anticipated to fuel the system integration market over the forecast period.

The growing espousal of cloud computing along with numerous developments in virtual technologies is projected to trigger the adoption of system integration solutions. Technological advancements, such as Cloud Service Brokerage (CSB), Building Energy Management Systems (BEMS), Cyber-Physical System (CPS), and clinical integration, are anticipated to offer new opportunities for market growth.

The system integration market is projected to witness high growth over the forecast period, owing to the recurrent need for open and distributed architectures across the globe. However, high implementation costs may dissuade SMEs and start-ups from adopting system management solutions.

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

Further key findings from the report suggest:

• The consulting service segment is projected to exhibit a significant growth with CAGR exceeding10.0% from 2016 to 2025, as there is a rising need for enterprises to assist users in designing their BCP/DR plan and conducting rehearsals for effective and efficient workflow
• The IT & telecommunication segment is expected to gain prominence over the forecast period with an estimated CAGR exceeding11%, which can be accredited to the growing demand for distributed systems integration in the IT sector
• Asia Pacific emerged as the fastest-growing region and is expected to witness a healthy CAGR of over 11%, owing to the mounting investments in security solutions
• The key purveyors of this industry are Accenture, BAE systems, Fujitsu, Hewlett-Packard, IBM, and Lockheed Martin Corporation, among others

Read blog on system integration market - http://www.grandviewresearch.com/blog/system-integration-market-size-share

Grand View Research has segmented the global system integration market based on services, end-use, and region:

System Integration Services Outlook (Revenue, USD Million; 2014-2025)

·         Infrastructure integration

·         Application integration

·         Consulting

System Integration End-use Outlook (Revenue, USD Million; 2014-2025)

·         Telecommunication & IT

·         Defense & security

·         BFSI

·         Oil & gas

·         Healthcare

·         Transportation

·         Retail

·         Others

System Integration Regional Outlook (Revenue, USD Million; 2014 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    UK

o    Germany

o    France

·         Asia Pacific

o    China

o    India

o    Japan

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa

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.

For More Information Visit - http://www.grandviewresearch.com/