ICT

Format: 2017-01-19
Format: 2017-01-19
January 16, 2017 | 71 Pages | SKU: IRTNTR11575

Overview of the global industrial communication market

Technavio’s market research analyst predicts the global industrial communication market to grow at a CAGR of close to 13% between 2017 and 2021. There is an increasing need to support data applications and voice services for remote workers with Internet communications through rugged PC terminals. Applications such as water treatment, power generation, and real-time wireless video surveillance require high quality of service (QoS) and high data rates, which will boost growth prospects for the overall industrial communication market. The rise in the use of connected devices in industrial control systems (ICS) has enhanced productivity and profitability for companies. The integration of industrial-based devices will improve the operational areas, minimize downtime, augment the reliability of systems, and optimize processes. Moreover, with the rapidly emerging several new and innovative Fieldbus solutions, the market for industrial communication will observe massive growth during the forecast period.

Ethernet is becoming the network of choice for robots, machine OEMs, and end-users to connect controllers, human machine interfaces (HMIs), distributed I/O, instruments, and sensors to each other within a machine or a robot. Ethernet is gaining popularity because of its ubiquity and better price/performance ratio over other communication networks.  The adoption of IE is


January 16, 2017 | 80 Pages | SKU: IRTNTR11578

Overview of the global RTLS market

Technavio’s market research analyst predicts the global RTLS market to grow steadily at a CAGR of above 46% by 2021. One of the primary growth drivers for this market is the reduction in the cost of radio-frequency identification (RFIDs). RFID tags are broadly used across numerous sectors, such as logistics, automotive, construction, mining, oil and gas, retail, healthcare, sports, and education, for asset tracking and workforce management. Due to the increase in its adoption rate and competition among vendors in the industry, the cost for RFIDs is declining exponentially. Such declining cost will contribute to the RTLS market significantly over the next few years.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market over the next four years. The US is the highest revenue contributor to this market in the region. The primary factor responsible for the surging dominance of the US is the high adoption of RFID tags and RTLS solutions. Most transportation and logistics, hospitals, enterprises, retailers, and automobile companies are installing RTLS to attain seamless operations. It is expected that the demand for RFID tags will increase in Canada and Brazil because of the surge in adoption of tags in SMEs and hospitals in the coming years.

Competitive landscape and key vendors

The competition among RTLS equipment and services providers has been intensifying rapidly. With the increasing use of RTLS in retail, automotive, manufacturing, and oil and gas sectors, many


January 13, 2017 | 69 Pages | SKU: IRTNTR11545

Overview of the global cloud-based PBX market

Technavio’s market research analyst predicts the global cloud-based private branch exchange (PBX) market to grow steadily at a CAGR of above 15% by 2021. One of the primary drivers for this market is the implementation of cloud-based PBX, which reduces the total cost of ownership (TCO). The cloud-based PBX enables data traffic and voice communication traffic integration into a single network to reduce the total cost of ownership (TCO) associated with a combined voice or data network. The integration of multiple media types such as voice, data, and video into a single network eliminates infrastructure and maintenance redundancies, which also minimizes capital and operational costs. Also, cloud-based PBX increasingly demonstrates greater cost-effectiveness than traditional voice networks and increases the cost or benefit ratio, efficiency, and flexibility in implementation. 

One of the latest trends gaining traction in this market is the development of backend analytics which is becoming a dominant element of cloud-based PBX. Cloud-based analytics is playing a major part in cloud computing and VoIP worldwide, and backend analytics has become a major component of the VoIP cloud-based PBX model. It has the capability to offer data that are required for businesses to enhance their processes and increase efficiency. Backend analytics is a tool that offers the foundation for businesses to ensure the competitive edge in a highly competitive enterprise market.

Competitive landscape and key vendors


January 13, 2017 | 63 Pages | SKU: IRTNTR11524

Overview of the global lawful interception market

Technavio’s market research analyst predicts the global lawful interception market to grow steadily at a CAGR of above 24% by 2021. One of the primary drivers for this market is the rapid rate of advances in the communication channels. Advances in communication channels such as VoIP, web-traffic and e-mail, and technologies such as LTE, WiMAX, and WLAN, have expedited the need for a lawful interception to mitigate terrorist and criminal activities. These technologies such as 4G/LTE, WiMAX, and WLAN intercept the networks that deliver voice, data, and Internet services. Also, governments across the globe are coming up with mandatory regulations where law enforcement agencies demand that the service providers deliver public switched telephone network (PSTN) with lawful intercept capabilities in the IP networks. The rising complexities of communication environment such as wired and wireless communication will propel the growth for lawful interception solutions over the next few years.  

One of the latest trends gaining traction in this market is the introduction of next-generation networks (NGN). NGNs carry all types of services such as voice, video, and e-mail on a common platform or a single packet-based network. They are noted to be more versatile than traditional networks because there is no need to upgrade these new services. Such major developments in the communication industry have increased the need for new security platforms and architecture for lawful interception. The increasing rate of the shift from circuit-


January 13, 2017 | 80 Pages | SKU: IRTNTR11521

Overview of the global security information and event management market

Technavio’s market research analyst predicts the global security information and event management market to grow at a CAGR of more than 12% by 2021. Enterprises across the world have been increasingly implementing private cloud data centers and advanced technologies such as virtualization, which have increased security and compliance risks, leading to losing control over their data and systems. This has led to unauthorized access to networks and resources, causing serious disruption of business operations, affecting brand loyalty and causing financial loss. Such threats have prompted organizations to strengthen their security to manage their business operations efficiently through the adoption of SIEM solutions for maintaining the security of business operations. SIEM solutions also mitigate network threats and aid IT administrators to recognize such network risks timely by using techniques such as anomaly patterns, which is the correlation of data from multiple devices. With the growing inclination towards data theft and identity fraud and subsequent tightening of compliance regulations, the overall market for SIEM solutions will grow significantly in the coming years.

Geographically, North America is the largest revenue generating region in the global market and occupied the biggest market share in 2016. The growing dependence on Internet and digital technologies have led to high vulnerability to cyber-attacks, especially in the government and financial sectors. The rapid rise in the number of security breaches and cyber-attacks across various industry verticals such as government, retail, and BFSI, has


January 12, 2017 | 85 Pages | SKU: IRTNTR11518

Overview of the global IOT security market

The global IOT security market is anticipated to grow rapidly and will post a CAGR of close to 48% during the forecast period. The increasing adoption of cloud-based services will drive the growth prospects for the global IOT security market in the forthcoming years. Some of the major factors driving the demand for cloud-based services include modern video management systems, authentication processes, and storage of biometrics information. Also, a multitude of organizations such as banks and healthcare organizations are increasingly shifting from the conventional method of storing confidential data towards the cloud technology. With this growing trend of cloud technology, becomes imperative for service providers to make the use of cloud platform secured against any unauthorized access.

In terms of geography, the Americas accounted for the maximum market share during 2016 due to the high concentration of electronic consumer goods, automobile manufacturers, and IoT vendors that provide IoT security solutions to these industries. However, during the forecasted period, the market share of the Americas is expected to decline due to the rapid shift of industries towards other technologies such as IoT devices integrated with biometrics for authentication. Furthermore, according to the industry research report, the APAC region is expected to dominate the market in the future because of the high adoption of IoT


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