IT Security

Format: 2016-12-09
Format: 2016-12-09
November 18, 2016 | 58 Pages | SKU: IRTNTR10845

Overview of the global maritime security market

The global maritime security market is anticipated to grow at a steady rate and will post a CAGR of more than 6% during the forecast period. The increasing trend of international trade by sea will drive the growth prospects for the global maritime security market during the forecast period. According to Technavio, more than 80% of world trade is carried by the international shipping industry. Some of the major factors that are responsible for the growth of seaborne trade includes the increasing industrialization, liberalization of national economies, and growing demand for consumer products. Another factor that drives the market’s growth is the increasing worldwide population due to which the demand for goods and raw materials increase in the emerging economies. Furthermore, a greater proportion of world trade depends on ship transport because it is the most fuel-efficient and carbon-friendly form of commercial transport. Also, with the increasing growth of the global economy, seaborne trade is also increasing. Moreover, with the rapid increase in the global seaborne trade traffic, the demand for maritime security to provide continuous real-time surveillance of harbor and ports and tracking and tracing information of vessels during the journey has increased.

The rising introduction of new technologies will fuel the growth prospects for the global maritime security market until the end of 2020. With the advent of improved phased-array radars, the devices can now monitor multiple directions simultaneously, which is a major advantage compared to conventional systems. Also, when this radar is placed on satellites, they can perform environmental monitoring and spy missions from the orbit.

Competitive landscape and key vendors

The market is highly fragmented due to the presence of many small regional vendors and large


November 04, 2016 | 59 Pages | SKU: IRTNTR10713

Global outlook of the travel and expense management software market

Technavio’s market research analysts predict the global travel and expense management software market to grow steadily during the next four years and post an impressive revenue of more than USD 3 billion by 2020. This industry research report identifies the emergence of SaaS-based travel and expense management software to be one of the major factors that will have a positive impact on the growth of the market in the coming years. The increasing need of organizations to monitor and control the overall travel expenses and other expenses of their employees, leads to the rise in adoption of the expense and travel management software. In addition to eliminating the need for the installation and maintenance of any additonal software, SaaS-based solutions are also cost-effective. Since enterprises around the globe are currently focusing on reducing their operatinal expenses, the coming years will witness a rapid increase in the adoption of SaaS-based services. As a result, more vendors will start offering cloud-based solutions at comparative prices, which will in turn, boost the market’s growth prospects.

Due to the inadequate availability of capital, SMEs have very limited options for ensuring optimal business performance. The awareness of SMEs on the significance of operational performance, will lead to a rise in the adoption of travel and expense management software to analyze their existing expense data and make informed business decisions. Additionally, travel and expense software also help enterprises identify savings opportunities, prioritize spending categories, and enhance their operational efficiency, resulting in an increased adoption among SMEs.

Competitive landscape and key vendors


November 03, 2016 | 60 Pages | SKU: IRTNTR10700

Overview of the global domain name system (DNS) tools market

Market research analysts at Technavio predict that the global DNS tools market will grow steadily during the next four years and post a CAGR of more than 11% by 2020. This market research analysis identifies the increasing focus of enterprises across the globe to reduce their overall budget to be one of the major factors that will have a positive impact on the growth of the market in the coming years. The economic downturn has compelled enterprises across the globe to concentrate on reducing their IT expenditure and increase investments in core operations. This will result in increasing the number of organizations that outsource their IT operations, in turn, increasing the demand for managed DNS services. Also, managed DNS service providers can capitalize on innovative sourcing models, which further reduces the enterprises’ capital investment, consecutively propelling the growth of the DNS tools market.

One of the major trends that will gain traction in this market in the coming years is the increasing adoption of managed security services. Focusing on enhancing their global presence, organizations across the globe are constantly innovating and replacing their existing business models and enterprise infrastructures. This will subsequently result in the demand for security services that offer high-level security for sensitive and confidential information and help enterprises to streamline their business processes and improve operational efficiency.

Competitive landscape and key vendors

This global market appears to be fragmented due to the presence of several small regional vendors and large multinational vendors. Since all DNS tool providers compete to gain a


November 03, 2016 | 59 Pages | SKU: IRTNTR10693

Global outlook of the consumer endpoint security market

Technavio’s market research analysts predict the global consumer endpoint security market to grow steadily during the forecast period and post a CAGR of almost 12% by 2020. This industry research report identifies the increasing dependence of end-users on the Internet to be one of the major factors that will have a positive impact on the growth of this market in the coming years. With the increasing penetration of the Internet across the globe, users tend to post personal information on the Internet through their personal devices. Moreover, with several technology companies offering cloud solutions, there is an increased preference among internet users towards saving critical information on the web. Furthermore, the convenience of several services such as online banking also increases the number of internet users saving critical information on the web. This increasing dependence on the Internet comes with high security risks such as data theft and phishing, which increases the need to secure the web and endpoints, in turn, driving the growth of the market.

The increased adoption of SaaS-based security solutions will be one of the major trends that will gain traction in this market in the next few years. In addition to easy installation and upgrades, SaaS-based security solutions follow the pay-per-use model and are less expensive. This will result in an increased adoption of SaaS-based security solutions among enterprises in various industries, especially small- and medium-scale businesses.

Competitive landscape and key vendors

Characterized by the presence of presence of several small-scale, regional, and large


October 27, 2016 | 64 Pages | SKU: IRTNTR10458

Global outlook of the smart security market

Technavio’s market research analysts predict the global smart security market to grow steadily during the next four years and post an impressive CAGR of more than 22% by 2020. This industry research report identifies the shift in customer preference from analog to IP cameras to be one of the major factors that will have a positive impact on the growth of the smart security system market in the coming years. IP cameras are flexible and can be easily installed and adapted to the changing needs of customers. They also provide additional benefits such as easy integration with existing security devices and reduced total cost of ownership. Moreover, these cameras have built-in servers or encoders and provide multi-level user access control preventing third-party manipulation. Since they come as cost-effective solutions, several commercial facilities such as stadiums and hotels and city surveillance projects, will start replacing their analog cameras with IP cameras, which will subsequently drive the demand for smart security solutions in the next few years.

This market research and analysis predicts that in terms of geographical regions, North America will be the major revenue contributor to the smart security market throughout the next four years. Increasing investments from the government of the US to strengthen their defense and security systems and the introduction of safety standards by the US Federal Energy Regulatory Commission to strengthen the safety of critical infrastructures, will increase the adoption of smart security systems in this region.

Competitive landscape and key vendors

The market is characterized by the presence of several


October 03, 2016 | 57 Pages | SKU: IRTNTR10572

Overview of the global phone-based authentication market

Market research analysts at Technavio predict that the global phone-based authentication market will grow steadily during the next four years and will post an impressive CAGR of more than 49% by 2020. This market research analysis identifies the rise in use of phone-based authentication by enterprises as one of the factors that will have a positive impact on the growth of the market. The bring-your-own-device (BYOD) policy allows employees to use their personal devices such as smartphones, laptops, and tablet computers for organizational purposes and reduces the operational costs of companies. As a result, the recent years have seen a rise in the adoption of BYOD policy by several SMEs across the globe. This in turn, has led to a rise in the need to authenticate employee credentials before allowing access to confidential business data. Since phone-based authentication helps enterprises reduce costs associated with other authentication systems such as hardware tokens, the coming years will witness a rapid increase in their adoption.

One of the major trends that will gain traction in the market is the growing acceptance of voice biometrics. The rise in use of mobile devices has led to the use of biometrics in authentication. Voice biometrics is considered to be a reliable form of biometric authentication and several financial institutions have started implementing voice-based authentication systems. For instance, Barclays Wealth and Investment Management has already deployed Nuance's FreeSpeech voice biometrics


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