IT Spending by Region and Industry

Format: 2016-10-23
Format: 2016-10-23
September 30, 2016 | 60 Pages | SKU: IRTNTR10550

Overview of the global LAN as a service (LANaaS) market

Market research analysts at Technavio predict that the global LANaaS market will grow impressively during the next four years and will post a CAGR of more than 30% by 2020. This market research analysis identifies the increased adoption of the Internet of Things (IoT) as one of the primary growth factors for this market. Rapid urbanization, migration of people to urban areas, and the rise in development of smart cities, have resulted in the exponential increase in the number of smart connected devices. This will rise the demand for M2M and machine-to-human (M2H) communications since they help users easily manage, monitor, and maintain connected devices. IoT uses several technologies such as Wi-Fi, radio frequency identification (RFID), sensors, barcodes, and GPS which mandate the requirement of effective connectivity solutions to ensure the stability of their smart city projects. Since LANaaS-enabled services provide low-cost connectivity solutions for smart connected devices, the coming years will witness a rapid increase in their demand.

The increased adoption of on-demand LAN will be one of the major trends that will gain traction in this market in the next few years. The increasing popularity of LANaaS and wide area network as a service (WANaaS) will result in the adoption of on-demand networking solutions. On-demand services provide flexible networking options with minimal upfront costs. Vendors such as Cisco

September 22, 2016 | 71 Pages | SKU: IRTNTR10348

Global outlook of the IT spending in smart home market

Technavio’s market research analysts predict the global IT spending in smart home market to grow steadily during the next four years and post a CAGR of more than 18% by 2020. This industry research report identifies the increased use of smart sensor technology to be one of the major factors that will have a positive impact on the growth of this market in the coming years. The growth in the development of smart cities has resulted in the increased adoption of advanced IT solutions, such as M2M communications and analytics. Smart sensors are used to support smart projects such as smart traffic, smart lighting, smart waste management, and also in monitoring smart grids. Moreover, the implementation of the Internet of Things (IoT) in infrastructure development also results in the adoption of smart sensor technology, where the sensors are used to enable devices detect gestures and motions that help in making real-time decisions.

The increased adoption of voice-controlled intelligent systems is one of the major trends that will gain traction in this market during the forecast period. Used to control and automate smart home devices through voice commands, these systems can be easily programmed to perform specific tasks. Additionally, technological advancements in voice intelligent systems will attract several software developers to develop solutions that simplify communication systems in smart homes. One of the leading companies ABB, has already introduced

September 07, 2016 | 67 Pages | SKU: IRTNTR10217

Overview of the global IT spending in cold chain logistics market

According to the market research analyst at Technavio, the global IT spending in cold chain logistics market will grow steadily and post a CAGR of around 8% by 2020. The increasing wastage of temperature sensitive food, vaccine, and other products will lead to an augmented demand for an effective management system for temperature sensitive products. The majority of the cold chain storage lack adequate temperature management systems and do not maintain the desired temperature level as per regulatory guidelines, which leads to increased wastage of temperature-sensitive drugs and vaccines. Also, food wastage causes critical damage to the environment due to inadequate waste disposal methodologies. This has compelled manufacturers to invest in technologies, such as smart refrigerator system powered by IoT (internet of things), analytics, and cloud computing solutions. Also, perishable logistics are specifically designed to manage the temperature sensitive products in fluctuating climatic conditions and will drive this market’s growth during the estimated period.

The recent emergence of IoT will help in the growth of the market. The installation of smart connected devices and sensors in cold storage facilities and movable containers captures will send real-time temperature data to the SCM (supply chain management) management team. With the help of IoT technology, high variations in temperature can be detected at early stages due to system malfunctions and firms can take necessary steps to avoid damage to the products stored in cold storage

July 28, 2016 | 74 Pages | SKU: IRTNTR8429

Market outlook of the global defense IT spending market

Technavio’s research analyst predicts the global defense IT spending market to grow at a CAGR of about 2% during the forecast period. The increased adoption of IT solutions for modernization of the defense sector is driving market growth. Modernization of the defense sector is crucial given the political and economic uncertainties today. Most countries such as India, China, Vietnam, Russia, Poland, and France are increasingly spending on IT solutions to support defense modernization. Developed countries are also in the process of revamping their defense planning and policies, which will also result in the increased adoption of IT solutions.

However, data security and privacy concerns remain a challenge for the growth of the market. Loss of sensitive data can become a threat to the country. It is critical to encrypt data and protect them from cyber-attacks. The initial cost to implement next-generation firewalls and intrusion detection systems in military bodies is expected to be high in the coming four years. 

Geographical segmentation and analysis of the global defense IT spending market

  • Americas
  • APAC
  • EMEA

The Americas has the highest defense budget in the world. During 2015, the US accounted for 34% of the global military expenditure. Increased terrorist activities and the recent Paris attack by the Islamic state group have forced European countries to invest more on defense planning and adopt IT solutions. Military expenditure in the Middle East and Africa also increased significantly during 2015.

Competitive landscape and key vendors

The global defense IT spending market is expected to grow significantly over the forecast period. Governments of

April 18, 2016 | 72 Pages | SKU: IRTNTR8849

Overview of the global DevOps platform market

Technavio’s market research analyst predicts that the global DevOps platform market will grow at a significant CAGR of around 19% during the forecast period. Standardized platforms are very essential to developers as well as operational teams during the process of developing software packages. Until a few years ago, software development was done without the use of intermediary technologies to synchronize the work done by developers and IT administrators. DevOps is the solution to this issue as it helps to speed up the overall software development process. With the help of this platform, developers are able to work in collaborative environments and deliver the products required by their clients efficiently. Since many IT companies are using this technology, a surge in its demand will drive the prospects for market growth during the predicted period.

With the advent of cloud computing, many software development companies have started to shift towards platform as a service (PaaS). PaaS is an IT environment, which is specifically designed to support all test and development processes. Platform vendors offer automation and other tools in the cloud, which can be then be used to consolidate and integrate applications into user-platforms. This helps IT organizations to get the necessary automation in the cloud, making PaaS imperative to those who want to automate, test, and develop services. PaaS helps users to rectify issues in application configuration management, template management, and zero-downtime while deploying new releases. Increased use of PaaS along with other developments is expected to have a positive impact on market growth during the forecast period.

Segmentation by end user and analysis of the DevOps platform market

  • IT
  • BFSI
  • Telecom
  • Retail

The IT segment dominated the

Outlook of the global information technology (IT) spending in railways market

Technavio’s market research analyst has estimated the global information technology (IT) spending in railways market to grow at a CAGR of almost 16% over the forecast period. Recently, it has been observed that many countries from across the globe have increased their IT spending in railways to modernize the existing rail infrastructure as it lacked operational efficiency and had serious security issues. Since the implementation of IT in railways enhances the quality of service, end users in the railway sector have started implementing IT solutions for video surveillance, alarm systems, site access control, equipment telemetry, and remote access monitoring. In the railways sector, the ability of IT to prevent accidents and to aid during emergencies will result in its increased implementation during the predicted period.

In terms of geography, Technavio’s market research analyst has estimated the EMEA region to be the largest market for IT spending in railways during the forecast period. The prospects for growth in this market can be attributed to the investments made by the region's governments to develop smart cities. Factors such as the development of intelligent infrastructure and the augmented utilization of telematics will aid in the growth of this market in EMEA.

Category-based segmentation of the IT spending in railways market

  • Services
  • Software
  • Hardware

Technavio’s market research analysts have estimated the services market segment to be the largest market segment during the forecast period. The railway’s augmented spending on IT services like outsourcing, project-oriented, and support services will result in the steady growth of this market segment. This comprehensive market analysis has shown that the services segment will account for an impressive