Enterprise Application

Format: 2016-12-04
Format: 2016-12-04
December 01, 2016 | 56 Pages | SKU: IRTNTR10974

Overview of the global field service management software market

Technavio’s market research analyst predicts the global field service management software market to grow at a CAGR of more than 11% between 2016 and 2020.  FSM software offers better control and visibility into the time that employees spend on a task or site and aids in the management of service-related expenses. The implementation of this software allows promptness to resolve the issues with the help of instant communication and the availability of real-time data. Field service management helps enterprises to position the suitable person on the job to resolve the issues faster, boost employee productivity, and customer satisfaction. FSM solutions systematically prioritize and schedule work processes, reduce the scheduling lag, hasten collaboration between processes, and subsequently increases workforce productivity.  The integration of FSM solutions with technologies such as mobile wireless, remote asset monitoring, and geographic information systems (GIS) are expected to stimulate the growth of the market in the coming years.

The increasing adoption of mobile devices for professional purposes is the latest trend in the FSM software market. Enterprises across the globe are implementing FSM mobile apps to communicate with their field service staff on-site. These apps connect the information gap between the service organization and its field service professionals. It helps the technicians to diagnose issues, determine the required information and equipment, and deploy them on the client site. FSM mobile app provides both the location of the issue and the materials and tools required to fix the issue. The app also simplifies various field service tasks with its inbuilt features such as GPS and barcode scanning. Some of the vendors offering mobile field service mobile app are Oracle,


November 29, 2016 | 93 Pages | SKU: IRTNTR10958

Outlook of the global antivirus software package market 

According to Technavio’s market research analyst, the global antivirus software package market will grow impressively at a CAGR of almost 10% by 2020. The recent increase in the number of online transactions will spur the growth prospects for this market during the forecast period. At present, most consumers are extremely reliant on the Internet for a number of transactions, especially banking and e-commerce transactions. Online transactions are gaining prominence among individual consumers because they are very easy, quick, and highly convenient. However, since these banking and e-commerce transactions are extremely vulnerable to cyber attacks, vendors in the market have been compelled to incorporate advanced features in their antivirus software packages for payment security to prevent fraudulent activities.

Another key trend that will ameliorate this market’s growth prospects is the advent of cloud-based antivirus software. Since the cloud is a convenient and cost-effective way of storing critical business data, its rate of adoption is increasing among SMEs across the globe. This recent increase in the dependency on the cloud coupled with the budgetary constraints of SMEs will augment the demand for cloud-based antiviruses over the next four years. Cloud-based antiviruses do not require any hardware or software and are controlled remotely, making them cost-effective for end-users.

Competitive landscape and key vendors  

This market is fragmented with the presence of many small


November 29, 2016 | 61 Pages | SKU: IRTNTR10953

Overview of the global trade management (GTM) software market

Technavio’s market research analyst predicts the global trade management (GTM) software market to grow at a CAGR of more than 12% between 2016 and 2020. The rise in the number of international trades and fuel expenses are increasing the overall operating cost of global logistics and transportation. This has propelled several trading companies to implement GTM solutions that help them to minimize their operating costs and increase their operational efficiency. GTM solutions bring down the transportation costs by around 4%-10% and help the companies to enhance links between transportation nodes, facilitating cheaper and faster deliveries. GTM software aids in transportation planning and sourcing, enhanced fleet management, transportation business intelligence, workflow management, billing and claims, customs management, and document management. Also, the GTM software offers real-time visibility of shipments in transit, customs clearance status, better cost control, inventory levels forecast, and supply chain performance. They also provide exception-based process management platforms that allow staff to micro-manage the entire supply chain network operations.

The trading companies are increasingly automating their GTM process to counter the incompetence of manual processes, delays, and complications in exports and imports and non-compliance penalties. The automation of trading processes using GTM software improves the quality, accuracy, and reliability of the processes. Several companies have started to automate the trading process with GTM software to effectively meet the global trade requirements and sustain in the highly competitive market. Some of the automated GTM processes include import management, export management, duty management, financial transactions, and restricted party screening.

Competitive landscape and key vendors


November 18, 2016 | 68 Pages | SKU: IRTNTR10354

Overview of the global visual analytics market

Market research analysts at Technavio predict that the global visual analytics market will grow steadily during the next four years and post an impressive CAGR of more than 22% by 2020. This market research analysis identifies the benefits such as easy exploration of data as one of the primary factors for the growth of this market. In addition to eliminating the need develop reports and calculate new sets of data and visualization, visual analysis offers several other benefits such as collaborative user experience and data structures and also categorizes and encourages the decision-making processes to enable personnel easily process complex information. Additionally, visual data analysis also connects various findings and uncovers insights through association and comparison, which further eases the decision-making processes.

One of the major factors that will gain traction in the visual data analytics market is the increasing demand for predictive analytics. By using various techniques such as data mining, modeling, and machine learning, predictive analysis provides actionable insights into an organization's data. With an analysis of the customer buying pattern and behavior, predictive modeling techniques can be used to develop efficient solutions that will help organizations enhance the efficiency of their production process and also reduces operating costs.

Competitive landscape and key vendors

Characterized by the presence of a considerable number of vendors, this global market appears to be moderately fragmented. Major vendors such as Microsoft, SAS Institute, SAP, Tableau Software, QlikTech International account for the major market shares and dominate the market. Vendors mainly compete on the basis of factors such as product pricing, training, and


November 18, 2016 | 64 Pages | SKU: IRTNTR10846

Overview of the global deep learning system market

The global deep learning system market is anticipated to grow at a steady rate and will post a CAGR of close to 39% during the forecast period. The growing need for improved human and system interaction will drive the growth prospects for the global deep learning system market during the forecast period. Since deep learning systems can provide expert assistance, they help humans to extend their capabilities. These systems first develop a deep domain insight and provide this information to the end-users in a timely, natural, and usable way. For instance, in the financial sector, deep learning systems help bank employees extend their work capabilities and allow financial institutions to concentrate more on customer interaction rather than the traditional transaction-based approach. Furthermore, based on the client's history and background, the system offers contextual and evidence-based reasoning by engaging in dialogue with humans. Deep learning systems also enable customized and self-service options for customers and assist employees in offering tailored recommendations for the customers' specific needs and tolerance for risks.

In 2015, the global deep learning system market was dominated by the Americas and will continue to hold the maximum market share for the next few years. Since there is a rapid increase in data generation across industry verticals such as the banking, financial services, and insurance (BFSI), healthcare, retail, and public, the market is increasingly gaining traction in the region. Another factor that drives the market’s growth is the heavy investments done by the organizations in the latest digital technologies such as the cloud, mobility, analytics, and social media to stay ahead in the market competition.

Competitive landscape and key vendors

The market is highly fragmented due to the presence


November 15, 2016 | 60 Pages | SKU: IRTNTR10802

Overview of the global BIM software market

The global BIM software market is anticipated to grow rapidly and will post a CAGR of more than 17% during the forecast period. The increasing need to reduce the time taken to complete a project will drive the growth prospects for the global BIM software market during the forecast period. Every construction project is bound by a time constraint and must be completed within a specified budget. Some of the tasks that could delay the project are inefficient project planning and scheduling, lack of contractor experience, improper site management and supervision, and delayed delivery of materials. The implementation of BIM software reduces rework, saves time, reduces dependence on paperwork and enhance the productivity.  Also, the software is programmed in such a way that it can automatically update the data and design changes in the project.

The introduction of 3D laser scanning in BIM will propel the prospects for market growth until the end of 2020. 3D scanning is slowly transforming the architecture engineering and construction (AEC) industry. It captures the accurate dimensions and details during the process of building information modeling. Moreover, architectural firms, developers, builders, and real estate agents widely use 3D scanning technology in their construction projects for a detailed documentation such as project scheduling, planning, coordination, cost estimation, sustainability, and facility management. Also, 3D laser scanning technology collects required information that improves the efficiency and optimizes the BIM process.

Competitive landscape and key vendors

Vendors in the market are focusing on providing an innovative and engaging design software and services to customers. Also, for the desktop users, most vendors are focusing on developing a software that is ideal for personal computers. Furthermore, some of


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