ICT

Format: 2017-02-23
Format: 2017-02-23
February 23, 2017 | 60 Pages | SKU: IRTNTR11267

Animation software enables the construction of images and visual effects and is used in various applications including the creation of high-end games, computer graphics, animated movies, web pages, and animated study materials. By identifying short- and long-term trends in customer behavior, competitors, growth potential, and challenges, research analysts at the global market research firm Technavio provide a comprehensive collection of industry research reports on the various aspects of the enterprise application sector, which is an integral part of the ICT industry. The market intelligence reports from Technavio also provide detailed information on several vendors, including ABB, Amazon Web Services, Delta Electronics, Eaton, Emerson Network Power, IBM, Oracle, Microsoft, Salesforce, and SAP who have established a strong presence in the industry.

To identify the industry’s growth prospects, market research analysts at Technavio follow a mix of primary and secondary research techniques and consider factors like the market size and the demand for various products across different geographical regions. By offering detailed information on various parameters, our upcoming market research report on animation and design software for the forecast period of 2017


February 21, 2017 | 70 Pages | SKU: IRTNTR11883

Overview of the mainstream product lifecycle management (PLM) market

Extensive research carried out by the analysts at Technavio has shown that the global mainstream PLM market will witness impressive growth and will post a staggering CAGR of close to 10% during the forecast period. The increasing need for safety features in automobiles is one of the primary factors driving this market’s growth. The cPDM market in the automotive industry is driven by the increasing need for passenger safety. The increasing number of fatalities from road accidents has forced the governments of many countries to adopt better safety features in vehicles, for example, mandatory crash tests for all vehicles was started in India during 2014. The increasing need for safety features has driven the growth of collaborative product definition management in the automotive industry as cPDM is extensively used for carrying out R&D activities related to crash tests and other safety feature measurements. This, in turn, is anticipated to bolster the growth of the PLM market over the coming years.

The augmented demand for cloud-based MCAD software is one of the latest trends gaining significant traction in the market. MCAD software solutions offer several advantages such as vast space for data storage, ease of access, flexibility, and security. Also, most SMEs prefer cloud-based MCAD software due to its cost-effective nature. Moreover, the end users are not required to pay the license cost as the software can be accessed through the cloud. Additionally, by hosting MCAD software on the cloud, the end-users can significantly reduce their operating costs and improve the efficiency


February 20, 2017 | 73 Pages | SKU: IRTNTR12063

Overview of the global payment gateways market

Technavio’s market research analyst predicts the global payment gateways market to grow steadily at a CAGR of around 17% by 2021. One of the primary drivers for this market is the rise in the adoption of contactless payment solutions. The increased adoption of mobile devices and wearables have popularized the use of contactless payments. Many retailers are adopting platforms like near field communication (NFC) point-of-sale (POS) terminals that facilitate mobile payments. NFC POS terminals also boost the value and effectiveness of a retailer's marketing efforts. Moreover, the introduction of mobile payment gateways, such as Apple Pay, Samsung Pay, and Android Pay, have simplified the process of paying bills. Customers are no longer required to carry credit or debit cards. One of the main reasons for big players to offer the NFC-based mobile payment option is the security feature which prevents the consumer and retailer from accessing the card information or security code illegitimately. Also, with retailers realizing the benefits of NFC POS terminals and are aligning these terminals with their operations and processes will augment growth in the global payment gateways market during the forecast period.

One of the latest trends gaining traction in this market is the exponentially growing adoption of cloud computing. The global payment gateways market is experiencing a tremendous demand for cloud-based solutions, especially from small and mid-sized enterprises. This is primarily due to the fact that the deployment of cloud-based solutions is more cost-effective than the deployment


February 17, 2017 | 77 Pages | SKU: IRTNTR12034

Overview of the global campaign management software (CMS) market

Technavio’s market research analyst predicts the global campaign management software (CMS) market to grow steadily at a CAGR of above 19% by 2021. One of the major driver responsible for the growth of this market is the exponentially growing need for the improvement in market response and customer digital experience. Enterprises face higher customer demand and pricing pressures with the increase in market competition. Organizations are encouraged to improve the efficiency of their marketing campaigns and operations by improving the process of information delivery. CMS has enabled the automation of these processes for effective marketing. Moreover, customer behavior in online marketing has motivated organizations to make large investments in CMS, this rise in investments will, in turn, augment growth in the global CMS market in the coming years.

One of the latest trends gaining traction in this market is the emergence of omnichannel marketing. Omnichannel marketing is the utilization of multiple channels, such as mobile, desktop, telephone, and retail stores, for marketing and sales. It gives customers an integrated and seamless shopping experience. Further, the ability of omnichannel marketing to provides marketing and sales companies an opportunity to identify, engage, and convert their target audience, gain more revenue, and increase in ROI will propel growth in the global CMS market during the forecast period.

Competitive landscape and key vendors

The global CMS market is highly fragmented due to the presence of several international and regional players. In an attemt to grow inorganically, established vendors are expected to aquire local and regional


February 17, 2017 | 78 Pages | SKU: IRTNTR12039

Global outlook of the software defined data center (SDDC) market

Technavio’s market research analysts predict the global software defined data center (SDDC) market to grow steadily during the forecast period and post a CAGR of more than 20% by 2021. This industry research report identifies the increased adoption of network function virtualization (NFV) to be one of the major factors that will have a positive impact on the growth of this market in the coming years. Owing to various challenges from the traditional networking environment such as the need to ensure the availability of network resources on-demand through dynamic allocation, resolving problems regarding network troubleshooting, maintaining network traffic in a most efficient manner, and reducing the capital expenditure (CAPEX) and operational expenditure (OPEX), there is an increased preference for software-defined networking (SDN) among enterprises since they aid in overcoming these challenges and also when coupled with NFV, will support the deployment of virtual network functions (VNF). With the increasing business demands, enterprises the adoption of SDN and NFV will increase significantly in the coming years, in turn, fueling market growth.

With the increased focus of enterprises across the world towards shifting their on-premise infrastructure operations to the cloud, colocation, and hosting providers, there will be a significant increase in the construction of data centers in the coming years. Since the data centers constructed by CSPs will involve converged and hyper-converged infrastructure solutions, this increase in data center construction will boost the growth


February 16, 2017 | 62 Pages | SKU: IRTNTR12003

Overview of the global blockchain technology (BT) market

Technavio’s market research analyst predicts the global blockchain technology (BT) market to grow steadily at a CAGR of around 56% by 2021. One of the key drivers for the growth of this market is the rapid increase in FinTech spending. FinTech is a service provided by companies and is based on software. Over the years, the purview of FinTech has extended to include new and innovative front-end consumer products.  Several FinTech startup companies provide solutions, which are operable through smartphones or tablets, directly to the customers through licensing or by means of white label services. FinTech spending is directly correlated with BT spending as the FinTech companies are developing advance payment solutions for financial firms. Also, the exponential increase in the FinTech investments is expected to boost the growth of the global BT market in the coming years.

One of the latest trends gaining traction in this market is the advent of artificial intelligence (AI). BT powered by AI is the most advanced IT development taking place in the blockchain and cryptocurrency market. AI provides several features to manage decentralized monetary systems. AI algorithms can be used to predict the value of bitcoins, which can help bitcoin traders to manage bitcoin transactions. It will also help the customers to have easy access to comparative information and will allow investors to be better informed before making


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