Product Analytics Market Ongoing Trends and Recent Developments

According to a new market research report "Product Analytics Market by Mode (Tracking Data, Analyzing Data), Component, End-User (Designers, Manufacturers, Sales & Marketing Professionals, Consumer Engagement), Deployment, Enterprise Size, Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, the product analytics market size is projected to grow from USD 6.9 billion in 2019 to USD 13.9 billion by 2024, at a CAGR of 15.1% from 2019 to 2024. Major growth drivers for the market include the growing adoption of big data and other related technologies.

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Retail & consumer goods vertical to hold a larger market size during the forecast period

Product analytics in this vertical assist vendor to get a more detailed understanding of consumer needs & attitudes, which helps make faster decisions in day-to-day business, and deliver improved performance. In the vertical, the focus of product analytics is sales in which analytics has a significant impact followed by marketing, finance, and supply chain. Several companies in the vertical are making vast improvements to their internal data and BI system, along with substantial investments in a mix of on-premises and cloud-based analytics that provides flexibility to scale while leveraging the existing IT investment.

Manufacturers end-user to lead the market in 2019

Product analytics plays an integral part in manufacturing, planning, warranty analysis, supply chain intelligence, and so on. Customers are demanding quality products at lower prices with faster delivery. Hence, it has become vital for manufacturers to deliver a differentiated experience throughout the entire customer lifecycle.

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North America to hold the largest market size during the forecast period

North America has always been an innovative and competitive ground for every technology. Due to the presence of tech-giants such as Google, Oracle, IBM in this region, technological trends such as Business Intelligence (BI), Artificial Intelligence (AI), Machine Learning (ML), cloud technology, and analytics solutions are observed. Product analytics is used by various industries such as retail, manufacturing, automotive, and healthcare, to analyze the user, enhance the user experience, and offer better service in this region.

Market Players

Major vendors covered in the product analytics market include Google (US), IBM (US), Oracle (US), Adobe (US), Salesforce (US), Mixpanel (US), Piwik PRO (Poland), Amplitude (US), and Heap (Denmark) Plytix (US), Pendo (US),Risk Edge Solutions (India), LatentView (US), and Kissmetrics (US).

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Connected Toys Market Ongoing Trends and Recent Developments

According to a new market research report "Connected Toys Market by Interacting Device (Smartphone-Connected Toys, App-Connected Drones, Console-Connected Toys, and Tablet-Connected Toys), Age Group (2–5 Years, 6–8 Years, 9–12 Years, and Teenagers), Region - Global Forecast to 2024", The connected toys market is expected to grow from USD 5.7 billion in 2019 to USD 13.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period.

The major factors driving the connected toys market include the rising adoption of STEM among kids and widespread and easy availability of connected platform.

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The console-connected toys segment to hold the largest market size during the forecast period

Console-connected toys are commonly known as video games. These games are played on a device specially made called video game console. The player interacts with the game through a controller, a hand-held device with buttons and joysticks or pads. The gamer receives the video and sound through a television. For instance, SquareOne is the first connected board game console to merge two universes that never combined before: traditional and video games. Through its patented technology, SquareOne solves the issue of identifying objects as well as the gameboard’s physical importance. SquareOne screen is bordered with 26 dedicated squares that can be used by cardboard tiles, cards, and other connected toys.

9–12 years age group segment to grow at the highest CAGR during the forecast period

Children in the 9–12 years age group can learn new things rapidly and are efficient at using tablets. Science, Technology, Engineering, and Mathematics (STEM) toys enable children in the age group of 9-12 years to solve complex problems, which enhances their solving skills. For instance, Osmo offers Osmo Genius Kit, specially designed for the kids aged between 9-12 years, which help the children to improve skills in areas such as math, drawing, language and vocabulary, and creative thinking. It helps adjust the children’s skill levels and keep them challenged and entertained.

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North America to hold the largest market size during the forecast period

North America is estimated to account for the highest market share in 2019. The region comprises developed countries, such as the US and Canada, and is considered the most advanced geography in terms of adopting new and emerging technologies. Moreover, it houses key industry players offering connected toys. The financial position of these industry players enables them to invest in the leading tools and technologies for effective business operations.

Major vendors offering connected toys software and services across the globe include Mattel (US), Hasbro (US), LEGO Group (Denmark), Sphero (US), Sony (Japan), PLAYMOBIL (Germany), BANDAI NAMCO (Japan), KNEX (US), Konami (Japan), Wonder Workshop (US), PlayFusion (UK), Anki (US), WowWee (Hong Kong),  DXTR Labs (Denmark), and Leka (France).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Digital Asset Management Best Practices and Market Size, Share, Analysis & Trends in recently published report

According to a new market research report "Digital Asset Management Best Practices and Market by application (Asset Management, Digital Asset Management Integration, Intellectual Property Management, Social Media Management, and Analytics) - Global Forecast to 2022", published by MarketsandMarkets™, Digital asset management is adopted by companies across the globe to reduce the rising costs and to standardize business processes across the organization. Thus, due to increased digitization and mobility among enterprises, digital asset management providers are increasing their efforts to boost their revenues. MarketsandMarkets forecasts the digital asset management market to grow from USD 2.4 billion in 2017 to USD 5.7 billion by 2022, at a CAGR of 18% during the forecast period.

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The Asia-Pacific market is expected to grow at the highest CAGR during the forecast period. The APAC region comprises emerging economies, such as China, India, Japan, Singapore, Malaysia, and Australia. This region is likely to witness a surge in the implementation of digital asset management systems. This can be majorly attributed to the rise in demand for digital marketing and proliferation of digital content, considering large companies in the US and the UK are targeting developing regions and new avenues in the APAC region.

Digital asset management includes managed business, network, security, data center, and mobility services. There are several renowned vendors in the digital asset management market, such as Adobe Systems Incorporated (U.S.), OpenText Corporation (Canada), Bynder (Netherlands), MediaBeacon, Inc. (US), Cognizant (US), CELUM (Austria), Canto, Inc. (US), and Widen (US).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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DNS Service Market Ongoing Trends and Recent Developments

According to the new market research "DNS Service Market by DNS Server (Primary DNS Server and Secondary DNS Server), Deployment Type (Cloud and On-Premises), Organization Size (Large Enterprises and SMEs), Industry Vertical, and Region - Global Forecast to 2022", The Domain Name System (DNS) service market size is expected to grow from USD 238.9 Million in 2017 to USD 438.8 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 12.9% during the forecast period.

Growing focus on safeguarding the websites from Distributed Denial of Service (DDoS) attacks, rapidly growing number of internet users, and low cost associated with DNS service are some of the major factors driving the DNS service market.

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Primary DNS server segment is expected to hold a larger market size during the forecast period.

In the DNS server, the primary DNS server segment is expected to hold a larger market size than the secondary DNS server during the forecast period. DNS server is an integral part of the DNS infrastructure that manages data associated with domain names and domain zones. It plays a vital role in the performance of web and email services. Hence, there would be a higher demand for primary DNS server in terms of adoption by enterprises.

Cloud deployment type is expected to be a faster growing segment during the forecast period.

Under the deployment type, the cloud deployment is expected to grow at a higher CAGR during the forecast period. Managed DNS services have been rapidly deployed by enterprises to maintain DNS infrastrcuture.  A majority of managed DNS service providers are offering  cloud-based DNS services for customers. During the last few years, the cloud deployment mode has witnessed a greater demand, as it offers several benefits, including the pay-per-use model, better flexibility, speedy accessibility, and low installation and maintenance costs.

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North America is expected to hold the largest market size; and Asia Pacific (APAC) to grow at the highest CAGR during the forecast period.

North America is expected to hold the largest market size in the DNS service market followed by Europe, owing to the mass adoption of DNS services by major industry verticals, such as telecom, media and entertainment, Banking, Financial Services, and Insurance (BFSI), government, and healthcare. In terms of growth rate, the APAC region is expected to grow at the highest CAGR during the forecast period. The region comprises China, India, Australia, South Korea, Japan, and New Zealand, which have a large number of internet users and enterprise customers. In addition to this, internet, data centers, and cloud infrastructure have evolved in the region with the emergence of Long-Term Evolution (LTE), LTE-Advanced, and 5G.

Key players in the DNS service market include Cloudflare (US), AWS (US), VeriSign (US), Oracle (US), Akamai Technologies (US), Google (US), IBM (US), NS1 (US), Microsoft (US), Neustar (US), CDNetworks (South Korea), and DNS Made Easy (US).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Software-Defined Data Center Market Ongoing Trends and Recent Developments

According to the new market research "Software-Defined Data Center Market by Component (Hardware, Software, and Service), Type (Software-Defined Compute, Software-Defined Storage, and Software-Defined Data Center Networking), Organization Size, Vertical, and Region - Global Forecast to 2023", the global Software-Defined Data Center (SDDC) market size is expected to grow from USD 33.5 billion in 2018 to USD 96.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 23.6% during the forecast period.

SDDC enables policy-based infrastructure provisioning, wherein virtualized compute, storage, and networking resources are logically pooled and managed as a software. The ever-increasing operational cost overheads and complexities in the traditional data center environment have facilitated the adoption of SDDC, which is expected to aid companies in cutting down their operational and capital expenditure.

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Services segment to grow at the highest CAGR during the forecast period

The market of SDDC solutions is growing, thereby driving the growth of the services associated with them. SDDC services are crucial for an organization. Broad expertise and deep knowledge of the service providers cater to specific challenges of end users and help reduce risks and complexities. Additionally, these services assist managers to meet their ultimate objective of improved operability, and energy and resource utilization. The growing complexities of installation and the deployment of SDDC are expected to increase the demand for SDDC services.

Software-defined data center networking segment to fuel the SDDC market during the forecast period

Software-Defined Data Center Networking (SDN) offers a cost-effective alternative with greater control when compared to traditional networking. This, in turn, enables centralized control to the network traffic without configuring the settings of individual switches. SDN facilitates the provision of dynamic, cost-effective, manageable, and adaptable solutions, making it an ideal solution for dynamic applications utilizing high-bandwidth. SDN aids end users in managing the high degree of change necessary on the network to support virtual workloads, reduce the complexity of the network in the data center, and enable automation and orchestration of network configurations.

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North America to dominate the SDDC market during the forecast period

The global SDDC market by region covers 5 major regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. North America is estimated to hold the largest market size in 2018, owing to the presence of several vendors and huge investments in adopting SDDC solutions in the region. The SDDC market in APAC is expected to grow at the highest CAGR during the forecast period, due to the rapid developments of the required infrastructure and increase in the need to adopt innovative technologies.

The report also studies various growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by the major players to expand their presence in the market. Major vendors in the SDDC market include VMware (US), Microsoft (US), HPE (US), Nutanix (US), Dell EMC (US), Huawei (China), Cisco (US), IBM (US), NEC (Japan), RedHat (US), Oracle (US), SUSE (Germany), Fujitsu (Japan), Citrix (US), and Lenovo (Hong Kong).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Military Communications Market Ongoing Trends and Recent Developments

According to the new market research report "Military Communications Market by Communication Type (Airborne, Air-Ground, Underwater, Ground-Based), Component (Military Satcom Systems, Military Radio Systems, Military Security Systems), Application, End User, and Region - Global Forecast to 2023", the military communications market is expected to grow from USD 31.50 billion in 2018 to USD 37.67 billion by 2023, at a compound annual growth rate (CAGR) of 3.6% from 2018 to 2023.

The market is primarily driven by the increasing procurement of military communication solutions due to growing disputes among countries across the world and the need to modernize and replace aging communication equipment.

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Based on component, the military radio systems segment of the military communications market is expected to witness the highest growth during the forecast period.

Based on component, the military radio systems segment is expected to witness the highest growth during the forecast period. The high growth of the military radio systems segment can be attributed to the growing deployment of software-defined radios for military radio equipment.

Based on application, the situational awareness segment of the military communications market is expected to grow at the highest CAGR during the forecast period.

Based on application, the situational awareness segment of the military communications market is estimated to witness the highest growth during the forecast period. Government agencies benefit from situational awareness solutions as they help armed forces make effective use of critical information on a battlefield.

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North America is expected to lead the military communications market in 2018.

North America is estimated to lead the military communications market in 2018. The growth of the military communications market can be attributed to the extensive adoption of military communication solutions in the region, particularly in the US, as the country has been the largest spender in 2017 and an early adopter of advanced military communications systems for naval, land, and air forces. The presence of key companies, such as General Dynamics, Harris Corporation, Iridium, L3 Technologies, Lockheed Martin, Northrop Grumman, Raytheon, Rockwell Collins, Viasat, and Kratos Defense & Security Solutions in the region is one of the key factors for the growth of the military communications market.

Some of the major military communication solutions vendors include Aselsan (Turkey), BAE Systems (UK), Cobham (UK), Elbit Systems (Israel), General Dynamics (US), Harris Corporation (US), Inmarsat (UK), Iridium Communications (US), Israel Aerospace Industries (Israel), Kongsberg (Norway), L3 Technologies (US), Leonardo (Italy), Lockheed Martin (US), Northrop Grumman (US), Raytheon (US), Rheinmetall (Germany), Rockwell Collins (US), Rolta India (India), Saab (Sweden), Systematic (Denmark), Thales (France), Viasat (US), EID (Portugal), Kratos Defense & Security Solutions (US), and Rohde & Schwarz (Germany).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

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