ICT

Format: 2017-02-22
Format: 2017-02-22
February 15, 2017 | 72 Pages | SKU: IRTNTR11982

Overview of the global business accounting software market  

Technavio’s market research report predicts that the global business accounting software market will grow at a CAGR above 6% during the forecast period. One of the primary drivers for the market is the growing demand for modernization of finance operations. Large amount of data from sources like online loan applications, bank transactions, online and in-store sales, social media, and stock and commodities trading need to be gathered and interpreted to gain operational understanding. Challenges like analyzing and managing large databases, irrelevant data that is generated from various sources offering wrong information and predictions about consumer behaviour, and consumer buying patterns affect the decision-making process. The rise of big data and analytics technologies has made it easy for organizations to transform unstructured and semi-structured data into structured and meaningful data. Accuracy can be ensured with reliability and timely data submission. Big data solutions like Amazon Redshift and Amazon Kinesis are integrated with business accounting software helping organizations boost up data management process and analyze data with increasing the efficiency of financial operations.

One of the latest trends that has gained traction in the global business accounting software market is the emergence of business accounting mobile applications. These applications can handle day-to-day accounting tasks, such as sending invoices, accepting payments, logging expense, tracking receipts, and planning budgets. One of the problems faced by the business owners would be the number of applications on the platforms and deciding the right platform perfect for them as most of them


February 14, 2017 | 79 Pages | SKU: IRTNTR11969

Overview of the global software testing market

Technavio’s market research analyst predicts the global software testing market to grow steadily at a CAGR of around 14% by 2021. One of the key drivers responsible for the growth of this market is the rise in agile testing services and test automation services. Agile testing services refer to the testing methodology of software and applications for faster development of software products and implementation of applications. Agile testing services provide a framework to test the applications and infrastructure effectively. Testing of the infrastructure of cloud-based applications is executed through the agile testing process for QA and faster time-to-market. Organizations are adopting agile testing services to implement new methodologies for testing services and enhance the quality of cloud infrastructure. Moreover, the growing pressure on software vendors to provide both product and business value will further propel the global software testing market in the coming years.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. The banking and telecom sectors formed a major portion of the demand for testing services in the region. Also, the increased consumerization of data services and location-based applications in the telecom sector is the key driver for the growth of software testing market in the Americas. Futhermore, the growing demand for cloud services will lead to the entry of new providers in the cloud-based testing services space, which in turn, will augment the growth of the software testing market during the forecast period.

Competitive landscape and key vendors


February 13, 2017 | 88 Pages | SKU: IRTNTR11948

Overview of the LTE base station market

Technavio’s market research analyst predicts that the global LTE base station market will witness impressive growth and will post a stupendous CAGR of over 17% over the predicted period. One of the primary factors driving this market is the rapid growth of urban population with an increasing telecom subscriber base. Presence of improved infrastructure, maintenance of resources, and advancement in quality of life defines sustainable urbanization. Moreover, smart city projects with integrating digital technologies and M2M communications providing connected solutions is growing quickly. Government organizations globally are backing up the implementation of IoT solutions by investing in technology. This scenario propels communication service providers (CSPs) to develop advanced infrastructure to monitor and maintain complex networks. Furthermore, the augmented adoption of mobile media by enterprises for promotional and sales activities and the increasing use of location-based searches by individual users will also contribute to this market’s growth over the next four years. 

One of the latest trends that will gain traction in the market is the evolution of complementary technologies like SDN (software-defined networking) and NFV (network functions virtualization). Software-defined networking enables new revenue streams for telecom operators by re-checking network architectures, introducing virtualization, and providing intelligence solutions. NFV influences improvements in server virtualization and enterprise IT virtualization.


February 10, 2017 | 81 Pages | SKU: IRTNTR11116

Global outlook of the data center cooling solutions market

Technavio’s market research analysts predict the global data center cooling solutions market to grow steadily during the forecast period and post a CAGR of almost 10% by 2021. This industry research report identifies the increased usage of containerized and modular data centers to be one of the major factors that will have a positive impact on the growth of the data center cooling systems market in the coming years. These data centers are more-efficient in terms of design and offer the benefit of adding new modules when required. The internal subsystems in these data centers are closely integrated which results in increased efficiency in terms of power and cooling needs. The increased demand for these data center modules especially during disaster recovery, since they allow new modules to be deployed quickly without interrupting business operations will consequently increase the demand for server room cooling solutions.

This market research and analysis estimates that in terms of geographical regions, APAC will be the major revenue contributor to the data center cooling solutions market by the end of the predicted period. The recent establishment of cloud data centers in countries such as Korea and India by Amazon Web Service and the rise in construction of data centers in China by companies such as Alibaba, China Unicom, China Mobile, and China Telecom, will drive increase the demand for data center cooling solutions in this region in the coming years.


February 10, 2017 | 78 Pages | SKU: IRTNTR11370

Global outlook of the data center server market

Technavio’s market research analysts predict the global data center server market to grow steadily during the forecast period and post a CAGR of almost 5% by 2021. This industry research report identifies the rise in demand for energy-efficient servers to be one of the major factors that will have a positive impact on the growth of this market in the coming years. The consumption of electricity at data centers depends on the type of servers and their configurations. It has been observed that servers consume around 30% of the total power utilized in data centers which will significantly increase the operational expenditure (OPEX) of data centers across the world. The need to reduce operational expenses will lead to the demand for new servers that are energy-efficient and emit less heat in data center racks reducing cooling requirements, in turn, driving market growth.

With the increased adoption of the Internet of Things (IoT) across various industries, the coming years will witness an increased need of micro data centers and containerized data centers that have the ability to offer maximum efficiency through reduced energy consumption. The Lefdal Mine Datacenter in Norway and the China Unicom data center are few of the largest modular data centers across the globe. This will subsequently increase the need for micro servers or density-optimized servers for edge computing, boosting market growth.

Competitive landscape and key vendors

Characterized by the presence of a considerable


February 09, 2017 | 85 Pages | SKU: IRTNTR11902

Overview of the global LBS in the healthcare sector

The global location-based services (LBS) in the healthcare sector is anticipated to grow rapidly and will post a CAGR of close to 33% during the forecast period. The increasing usage of real-time location system (RTLS) to track sensitive medical shipments will drive the growth prospects for the global LBS in the healthcare sector until the end of 2021. According to the industry research report, several supply chain companies obtain location-based services by partnering with radio frequency identification (RFID) technology providers to monitor the shipments and maintain the freshness of drugs and vaccines as these vaccines and drugs are safely packed in styrofoam boxes. For instance, IBM has partnered with DHL to provide an advanced temperature tracking solution, which uses RFID technology to monitor temperature-sensitive shipments when they are in transit.

In terms of geography, the Americas accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. One of the major factors contributing to the maximum revenue is the increasing adoption of RFID tags and RTLS solutions in the US.

Competitive landscape and key vendors

The global LBS in the healthcare sector is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. These vendors are increasingly competing in the domestic and international markets in terms of product sales and price.


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