COVID-19 Impact on Analytics Market by Components, Verticals and Region - Global Forecast to 2021

Post COVID-19, the report "COVID-19 Impact on Analytics Market by Components, Verticals and Region - Global Forecast to 2021", size to grow from USD 25.4 billion in 2019 to USD 33.8 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 15.5% during the forecast period. The major factors driving the growth of COVID-19 impact on the analytics industry include increasing demand for digital transformation, increased investments in analytics, growing demand for remote services and location data, and increasing need for real-time information to track and monitor the COVID-19 spread..

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By industry vertical, healthcare to grow at the highest CAGR during the forecast period

The Analytics Market is segmented into ten industry verticals: Banking, Financial Services and Insurance (BFSI), government and defense, healthcare, manufacturing, retail, media and entertainment, telecommunications and Information Technology (IT), transportation, energy and utilities, and others (travel and hospitality, oil and gas, real estate and construction). During the COVID-19 pandemic, the healthcare industry vertical is under immense pressure to enhance and provide PPE, ventilators, prophylactic, and anti-viral drugs, across the world. Healthcare organizations are using advanced technologies, such as analytics, AI, and machine learning to analyze the complex data around COVID-19 to monitor and reduce the impact of the virus.

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·        11 Tables

·        40  Figures

·        83 Pages

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North America to hold the largest market size during the forecast period

North America is the most significant revenue contributor to the global big data market. The region is witnessing significant developments in terms of adoption and investments in technologies such as analytics, AI, and ML. The growth in the demand for digital technologies for business transformation and continuity is driving the implementation of different analytical solutions among industries. Most of these industries are relying on analytical solutions to create different predictive or prescriptive models so that they can sustain the impact of COVID-19. North America, a manufacturing-driven economy, has already felt the impact of COVID-19 in most of its industries. For instance, automobile giants, such as Ford, General Motors, and Fiat Chrysler, have closed down all the US manufacturing plants to slow down the spread of the virus.

The report includes the study of the key players offering analytics solutions and services. Major vendors in the global Analytics Market include Microsoft (US), Teradata (US), IBM (US), Oracle (US), SAS Institute (US), Google (US), Adobe (US), Talend (US), Qlik (US), TIBCO Software (US), Alteryx (US), Sisense (US), Informatica (US), Splunk (US), Hitachi Vantara (US), Information Builders (US), AWS (US), SAP (Germany), Salesforce (US), Micro Focus (UK), MicroStrategy (US), and ThoughtSpot (US).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets' flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Citizen Services AI Market by Application, Technology, and Region - Global Forecast to 2024

According to market research report "Citizen Services AI Market by Application (Traffic and Transportation Management, Healthcare, Public Safety, Utilities, and General Services), Technology (ML, NLP, Image Processing, and Face Recognition), and Region - Global Forecast to 2024", The global citizen services AI market size is expected to grow from USD 1.5 billion in 2019 to USD 9.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 46.3% during the forecast period.

Increased automation and agility, the need for delivering enhanced citizen experience, and increased cost savings are major growth factors for the citizen services AI market.

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30 - Tables                                             

30 - Figures

91– Pages

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Growth of traffic and transportation management applications to be driven by increasing real time data from traffic signaling stations

AI has beneficial applications in different areas of government, including traffic management with data collected in real time from traffic signaling stations, Closed Circuit Television (CCTV) cameras, and other sources enabling traffic flow. Traffic management bureau can manage traffic congestions with the help of tools that use algorithms and ML techniques, in which the system analyzes large amounts of data to detect statistical patterns and develop models that can be used to make accurate predictions.

Increased security capabilities result in rising popularity of face recognition technology

The technology has been implemented across industries for various purposes. Face recognition solutions are being deployed to track attendance; control access to restricted areas; monitor and survey systems; identify crime suspects; detect emotions; understand customer behaviors; build strong security systems; and for gender analysis, age analysis, and identification and verification at airports, cafes, restaurants, hotels, and stadiums.

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North America to dominate the global citizen services AI market in 2019

AI technologies such as facial recognition, automated surveillance, and mass data collection have led to their growing adoption for citizen services, eventually catering to the growing need to help citizens and offer enhanced services accordingly. As the benefits of adopting citizen services AI services are becoming more evident, more government agencies are expected to implement citizen services AI services. The US and Canada are the top countries contributing to the growth of citizen services AI market in North America.

The report also studies various growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by the major players to expand their presence in the global citizen services AI market. Major vendors in the global citizen services AI market include AWS (US), Microsoft (US), Accenture (US), Alibaba (China), IBM (US), NVIDIA (US), Intel (US), Tencent (China), Pegasystems (US), Baidu (China), and ADDO AI (Singapore).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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At CAGR of 8.9% Revenue Assurance Market expected to reach $782 billion by 2025

According to a market research report "Revenue Assurance Market by Component (Software and Services), End-User (TSPs, and Enterprises), Deployment Mode (Cloud and On-premises), Vertical (Telecom, Utilities, BFSI, Hospitality, and Others), and Region - Global Forecast to 2025", published by MarketsandMarkets, The revenue assurance market size is projected to grow from USD 512 million in 2020 to USD 782 million by 2025, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period.

The major factors driving the growth of the revenue assurance market include the rise of the subscription economy, rising number of mobile and internet users, adoption of advanced technologies such as RPA, Big Data, AI, and IoT.

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109 - Tables                                           

29 - Figures

142 – Pages

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The services segment to record a larger market size during the forecast period

Revenue Assurance services are estimated to hold a larger market share during the forecast period in the revenue assurance market. Services portfolio includes planning and consulting, implementation and customization, support and maintenance, and managed services. These services enhance the revenue assurance portfolio of the services providers by offering customers with value creation, operational flexibility, and competitive advantage. Companies that lack in-house capabilities for revenue assurance of an organization outsource the functionality from expert Managed Service Providers (MSPs). With the growing demand for revenue assurance solutions, the services portfolio is expected to increase due to the market’s dependency on human-interaction for development and growth.

By deployment model, the on-premises segment to record the larger market share during the forecast period

There is a large-scale adoption of revenue assurance solutions among large scale telecom service providers that have significant CAPEX and IT infrastructure investment capabilities. Therefore, the market share of on-premises deployment mode is higher as compared to cloud deployment mode, since the on-premises model gives various benefits such as data security, and lower-latency issues.

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APAC to record the highest growth during the forecast period

APAC to record the highest growth during the forecast period due to the presence of growing network technologies, digital infrastructure, and smartphone and internet penetration. Countries, such as India, China, Australia, and Japan also contribute a major share to the APAC economy. These countries are experiencing major growth in data generation due to rapid digitalization and threat from hacker groups or terror networks with the increasing penetration of digital infrastructure and heavy investments on network technologies by key industry telecom players in the region.

Major vendors of revenue assurance include Amdocs (US), Araxxe Inc. (US), Adapt IT (South Africa), Cartesian (US), Digital Route (Sweden), eClerx (India), HPE (US) Itron (US), Nokia (Finland), Profit Insight (US), Sagacity Solutions (UK), Sandvine (Canada), Sigos (Germany), Subex (India), Synthesis Systems (US), TCS (India), Teoco (US), Transunion, (US), and WeDo (Portugal), and Xintec (Ireland).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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MarketsandMarkets™ INC.
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DevSecOps Market by Component, Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2023

According to market research report "DevSecOps Market by Component (Solution and Services), Deployment Type (On-premises and Cloud), Organization Size, Vertical (BFSI, IT and Telecommunications, Manufacturing, and Government and Public Sector), and Region - Global Forecast to 2023", The DevSecOps market size is expected to grow from USD 1.5 billion in 2018 to USD 5.9 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 31.2% during the forecast period.

The growing need for highly secure continuous application delivery and the increased focus on security and compliance are the major growth factors for the DevSecOps market.

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65 - Tables

37 - Figures

148 - Pages

Companies with DevOps framework adopt DevSecOps framework to deliver higher levels of security and efficiency in their applications

DevSecOps solutions provide customers with the required set of tools, enabling the security teams to efficiently align with the DevOps team and deliver the required security changes, resulting in continuous monitoring of attacks and defects. Companies with a DevOps framework are adopting the DevSecOps framework to deliver higher levels of security and efficiency in the applications being built. This results in the presence of a higher level of security at every stage of the software delivery life cycle, enabling clients to experience reduced compliance costs and achieve faster application release and delivery.

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Cloud deployment type would help in enabling enhanced infrastructure scalability and performance

Cloud deployment of DevSecOps solutions helps organizations deploy their codes in their production process, along with enhanced security, performance, and scalability. The cloud deployment type offer organizations with benefits, such as increased scalability, speed, 24/7 service, and enhanced IT security. DevSecOps practices would help reduce the Operational Expenditure (OPEX) of organizations using process standardization and automation processes that come with complete control and availability of an environment based on users’ needs.

DevSecOps solutions would help deliver applications faster and efficiently and reduce vulnerabilities and attacks to a huge extent

The adoption of DevSecOps solutions is higher among the large enterprises segment, and the trend is expected to continue during the forecast period. The rising demand for faster development and release cycles, as well as, the need for early integration of security tools into the DevOps processes provide large enterprises with various benefits.

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APAC is expected to dominate the global DevSecOps market during the forecast period

The global DevSecOps market by region covers North America, Asia Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America. APAC has a favorable market for the DevSecOps solution and service vendors. The region has major developing economies and a broad customer base for many industries. Due to the huge customer potential of this region, organizations around the globe want to set their footprint here. Due to these factors, the adoption of DevSecOps solutions and services would prove to be beneficial for enterprises, as they can enjoy the benefits of shorter development life cycles, improved operational efficiency, enhanced automation, and reduced costs.

The report also studies various growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by the major players to expand their presence in the global DevSecOps market. The major vendors in the global DevSecOps market include CA Technologies (US), IBM (US), MicroFocus (UK), Synopsys (US), Microsoft (US), Google (US), Dome9 (US), PaloAltoNetworks (US), Qualys (US), Chef Software (US), Threat Modeler (US), Contrast Security (US), CyberArk (Israel), Entersoft (Australia), Rough Wave Software (US), Splunk (US), 4Armed (UK), Aqua Security (Israel), Check Marx (Israel), Continuum Security (Spain), Whitehat Security (US), Sumologic (US), Puppetlabs (UK),and Algo Sec (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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MarketsandMarkets™ INC.
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By 2022 Open Source Services Market expected to exceed $32.95 from $11.40 Billion in 2017

According to market research report "Open Source Services Market by Service Type (Support, Maintenance and Management, Implementation, Consulting), Industry (Manufacturing, Healthcare and Life Sciences, Retail and Distribution), and Region - Global Forecast to 2022", The global open source services market size is expected to grow from USD 11.40 Billion in 2017 to USD 32.95 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 23.65% during the forecast period (2017–2022). The reduction in the total cost of ownership and the increased return on investments are expected to be the major factors driving the growth of the open source services market. Open source adoption in organizations is expected to grow across all the IT segments to avail the flexibility and effectiveness in performing tasks with benefits, such as reduced costs, accelerated time-to-market, and simplified interoperability.

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12 - Tables

27 - Figures

86-Pages

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The rapid adoption of open source services in North America is expected to drive the regional market during forecast period.

North America is estimated to hold the largest market size in 2017, and the region is expected to dominate the market during the forecast period. Enterprises are adopting open source services. In fact, they are using open source services for their specific requirements. They are developing open source solution strategies for 5 major reasons: cost, support, flexibility, community, and the platform.

Globally, the manufacturing industry vertical is expected to lead in terms of open source services adoption.

The manufacturing industry vertical is expected to dominate the open source services market by vertical during the forecast period. The manufacturing companies would continue to adopt open source services, primarily for production planning, inventory planning, and demand forecasting.

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Support, Maintenance, and Management Services segment is to hold the largest market size during forecast period.

The support, maintenance, and management services segment is expected to hold the largest market size, due to the increasing adoption of open source technologies across enterprises of all sizes.

The major vendors in the open source services market include Red Hat (US), Accenture (Ireland), Wipro (India), IBM (US), Infosys (India), Cisco Systems (US), Atos (France), HCL (India), HPE (US), and Oracle (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Out of Band Authentication Market by Component, Authentication Channel, Deployment Type, Organization Size, Vertical, and Region - Global forecast to 2023

According to new market research report on "Out of Band Authentication Market by Component (Solution (Hardware, Software), Service), Authentication Channel (SMS, Email, Push Notification Voice, Token-Based, Others), Deployment Type, Organization Size, Vertical, and Region - Global forecast to 2023", The OOBA market size is expected to grow from USD 533 million in 2018 to USD 1,532 million by 2023, at a Compound Annual Growth Rate (CAGR) of 23.5% during the forecast period.

The key factors driving the OOBA market include growing need for frictionless OOBA solutions among organizations, stringent data protection regulations for information security, increasing instances and sophistication of authentication-related frauds and data breaches, and growing adoption of digital payment modes.

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75 - Tables                                             

40 - Figures

178 - Pages   

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The software solutions segment to account for the highest market share in 2018

Software solutions are available as applications, suites, and development kits. The users need not carry any hardware devices for authentication and can be provided with soft tokens which can be installed on mobile devices. With the BYOD trend on the rise in the organizations, organizations are looking toward software-based authentication solutions which carry less complexity, and high ease of use. Software-based solutions support all major authentication channel which include SMS, email, push notification, and biometrics. With the difficulties in handling hardware-based solutions and greater flexibility offered by software solutions, the demand for software solutions is increasing.

The cloud segment is expected to grow at a higher CAGR during the forecast period

Cloud-based services are provided directly through the cloud-deployed network connection. The cloud deployment mode is the fastest growing segment in the OOBA market. Organizations can avoid certain costs, such as maintenance of infrastructure, and technical staff by using the cloud-based authentication solutions. The cloud-based platforms are beneficial for organizations that have strict budgets for security investments. Small and Medium-sized Enterprises (SMEs) deploy their OOBA solutions on cloud, as it enables them to focus on their core competencies, rather than to invest their capital on security infrastructures. Low cost of installation, upgrade, and maintenance helps to fuel growth in the adoption of cloud-based out of band authentication solutions.

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North America is expected to account for the largest market size during the forecast period

North America is expected to account for the largest market size in the overall OOBA market during the forecast period. The increase in the number of Internet of Things (IoT) and connected devices and vulnerabilities associated with them are some of the factors driving the adoption of OOBA solutions and services. The presence of many OOBA vendors, as well as, widespread awareness about these solutions would continue to account for the region’s highest market share during the forecast period.

The OOBA market comprises major solution providers, such as Gemalto (Netherlands), CA Technologies (US), Symantec (US), Ping Identity (US), RSA Security (US), Entrust Datacard (US), EZMCOM (US), Duo Security (US), StrikeForce Technologies (US), NokNok Labs (US), SolidPass (Turkey), Protectimus (UK), SAASPASS (US), DynaPass (US), i-Sprint Innovations (Singapore). The study includes an in-depth competitive analysis of the key players in the OOBA market, along with their company profiles, recent developments, and key market strategies.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/out-of-band-authentication.asp
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