LTE IoT Market Size, Share, Analysis & Trends in recently published report

According to the new market research report "LTE IoT Market by Technology (NB-IoT and LTE-M), Service (Professional Services and Managed Services), Industry (Manufacturing, Energy and Utilities, Transportation and Logistics, Healthcare, and Agriculture), and Region - Global Forecast to 2023", published by MarketsandMarkets™, the global Long-Term Evolution (LTE) Internet of Things (IoT) market size is expected to grow from USD 800 million in 2018 to USD 2800 million by 2023, at a Compound Annual Growth Rate (CAGR) of 28.4% during the forecast period.

The growth of connected devices, and the need for unique and defined network qualities are the major growth factors for the LTE IoT market.

The managed services segment to grow at a higher CAGR during the forecast period

Managed service providers operating in this market deliver their expertise in managing various operating activities (including infrastructure management, security operations, and cloud operations) to clients, enabling them to launch various Machine-to-Machine (M2M) offerings rapidly, at a variable cost. With global coverage, the managed service provider offers customers comprehensive and cost-effective solutions. These managed service providers leverage partnerships with prime satellite and mobile networks to offer high-end managed services to application providers, system integrators, and end-user clients.

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The NB-IoT segment to hold a larger market size during the forecast period

NB-IoT provides various key benefits, such as very low power consumption, extended range in buildings and underground areas, easy deployment into existing cellular network architecture, network security and reliability, and low component cost as compared to LTE-M. NB-IoT is optimized for applications that need to communicate small amounts of data over long periods of time. Moreover, since it operates in a licensed spectrum, it is secure and reliable, providing a guaranteed quality of service.

APAC to record the highest CAGR during the forecast period

Asia Pacific (APAC) is expected to witness a subsequent surge with regard to the rising adoption of IoT telecom services and applications. The region has witnessed advanced and dynamic adoption of new technologies and has always been a lucrative market for IoT telecom service providers. APAC is expected to grow at the highest CAGR during the forecast period in the LTE IoT market. APAC includes countries such as Australia, New Zealand, Japan, and Singapore, who act as the early adopters of smart technology.

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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 HCI market include Dell EMC (US), Nutanix (US), Cisco (US), HPE (US), Huawei (China), NetApp (US), VMware (US), Pivot3 (US), Scale Computing (US), Startoscale (US), DataCore (US), Maxta (US), Microsoft (US), HiveIO (US), Supermicro (US), Hitachi Vantara (US), Diamanti (US), Lenovo (China), NEC Corporation (Japan), Riverbed Technology (US), IBM (US), Fujitsu (Japan), StarWind (US), Sanfor Technologies (China), and StorMagic (UK).

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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.

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Social Media Management Market Size, Share, Analysis & Trends in recently published report

According to the new market research report "Social Media Management Market by Component, Application (Sales & Marketing Management, Customer Experience Management, Competitive Intelligence, & Risk Management), Organization Size, Industry Vertical, Deployment Model, & Region - Global Forecast to 2023", published by MarketsandMarkets™, the global social media management market size is expected to grow from USD 9.2 billion in 2018 to USD 17.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.1% during the forecast period.

The key factors driving the social media management market include need to increase Return on Investment (RoI) on social media strategy, increased focus on the market and competitive intelligence, and need for social media measurement to enhance the customer experience.

Banking, Financial Services, and Insurance (BFSI) industry vertical to account for the largest market size in 2018

The BFSI has been a dominant industry vertical across all regions, dealing with massive volumes of customer data generated on daily basis. The vertical has observed high adoption of advanced technology solution to manage and analyze this data. Further, the growth of fintech continues to have a significant impact on the BFSI industry vertical. Established financial institutions are collaborating with key innovators in response to customer demands for effective social media management platforms. BFSI organizations have started monitoring customer conversations for brand mentions and customer complaints, and started responding accordingly, using the measuring, monitoring, and analyzing functionalities present in the social media management solutions.

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Sales and marketing application to dominate the market during the forecast period

The sales and marketing management application in the social media management market encompasses various activities that marketers and sales executives take up to directly engage their target audience through social media networks. Social media management solutions enable companies to analyze the data, understand customer pain-points, their interests, and enable them to create targeted communications, which deliver more value. Measuring the effectiveness of such efforts and optimizing content to be published on social media are the important activities which fall under the scope of sales and marketing management.

Medium organizations segment to account for the largest market size and record the highest CAGR during the forecast period

In the social media management market study, organizations with revenue between USD 10 million and USD 1 billion are considered as medium-sized organizations. These organizations constitute the largest market size in the global social media management market. They have been majorly dependent on the proliferation of mobile devices, IoT, and social media user growth, which demands the need for managing these digital assets. Medium-sized organizations have been increasingly investing in social media advertising, and marketing and selling activities to promote their products and services, as social marketing is gaining significant demand. This, in turn, has created the need for integrated social media management solutions to share, collaborate, and manage enterprise content over social media for revenue generation.

North America to account for the largest market size during the forecast period

North America constitutes the largest market size, due to the early adoption of advanced technology solutions and supporting technologies including governance and security. Further, a majority of the vendors in the market are based in the region and have a strong presence across all major industries in the region. These vendors have taken up several market growth initiatives in the form of partnerships with different technology players to offer rapid social network data analytics and processing solutions. In addition, a stable economy, advanced technological developments, and strict regulations for data protection are major factors influencing the growth of the social media management market in the region.

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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 HCI market include Dell EMC (US), Nutanix (US), Cisco (US), HPE (US), Huawei (China), NetApp (US), VMware (US), Pivot3 (US), Scale Computing (US), Startoscale (US), DataCore (US), Maxta (US), Microsoft (US), HiveIO (US), Supermicro (US), Hitachi Vantara (US), Diamanti (US), Lenovo (China), NEC Corporation (Japan), Riverbed Technology (US), IBM (US), Fujitsu (Japan), StarWind (US), Sanfor Technologies (China), and StorMagic (UK).

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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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MarketsandMarkets™ INC.
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Email: sales@marketsandmarkets.com

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/social-media-management-market.asp

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Data Prep Market: Gain a Deeper Dive as per Requirement

According to the new market research report "Data Prep Market by Platform (Self-Service Data Prep, Data Integration), Tool (Data Curation, Data Cataloguing, Data Quality, Data Ingestion, Data Governance), Deployment, Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets™,  the data prep market size is estimated to grow from USD 1.46 Billion in 2016 to USD 3.93 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 25.2% during the forecast period.

The key forces driving the data prep market include increasing importance of on-time qualified data, rising need to adhering to regulatory and compliance requirements, benefits of streamlined business operations, and the use of data prep tools in predictive analytics.

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Self-service data prep platform is expected to grow at the highest rate during the forecast period

Among the platforms, the self-service data prep segment is expected to grow at a fast pace during the forecast period. The demand for self-service data prep platform is increasing among enterprises as it helps canvas the existing data into user-centric formats, which then help in efficient data analysis, faster decision making, optimized internal business processes, increased operational efficiency, and a competitive advantage in the market.

Data quality segment is expected to contribute the largest market share in 2016

Among tools, the data quality segment is expected to hold the largest market share in the data prep market in 2016. Data quality tools ensure that the data fits a particular user- specific task and is accurate & timely. Data quality is affected by the way data is entered, stored, and managed, and organizations are making use of the data quality tools to maintain consistency and improve decision making. Educational institutions, malls, retail shops, commercial buildings, hotels, and restaurants are increasingly deploying data prep to make important decisions about asset management and resource allocation. The hosted deployment of data prep has been in demand for sectors such as educational institutions, retail outlets, and hospitality sector, thereby contributing to the growth of the data prep market.

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North America is expected to contribute the largest market share; Asia-Pacific (APAC) to grow the fastest

North America is expected to hold the largest market share and dominate the data prep market from 2016 to 2021, owing to large investments in cloud-based solutions, early adoption of new & emerging technologies, and a large number of players present in this region. The APAC region is in the initial growth phase; however, it is expected to be the fastest growing region for the global data prep market. The key reason for the high growth rate in APAC is the growing demand for cost-effective data prep platforms and tools among small and medium enterprises in this region.

The major vendors providing data prep are Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.), Qlik Technologies Inc. (U.S.), SAP SE (U.S.), Talend (U.S.), and Microstrategy Incorporated (U.S.).

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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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MarketsandMarkets™ INC.
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Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/data-prep-market.asp

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Network Traffic Analyzer Market: Gain a Deeper Dive as per Requirement

According to the new market research report "Network Traffic Analyzer Market by Solution and Service (Professional and Managed), Deployment Type (Cloud and On-Premises), End-User (Enterprise, Service Provider, and Data Center), Organization Size, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the global network traffic analyzer market size is expected to grow from USD 745.8 Million in 2017 to USD 1,631.2 Million by 2022, at a CAGR of 16.9% during the forecast period.

In-depth visibility into network security, need for maintaining Quality of Experience (QoE) and Quality of Service (QoS), and growth of network infrastructure are boosting the growth of the network traffic analyzer market across the globe.

“The solutions segment is estimated to have the largest market share in 2017.”

The solutions segment is expected to have the largest market share during the forecast period. The enterprise network involves hundreds of network devices that include workstations, switches, routers, hubs, servers, virtual machines, firewalls, and various other network-related appliances. To manage and maintain these devices, the network administrator needs customized network traffic analyzer solutions. These tools deliver insights into the network traffic, bandwidth consumption, business applications, and protocol analysis. In addition to this, solutions identify breaches, detect, and mitigate security attacks, and make a network planning for the future.

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“The service provider segment is expected to play a key role in the network traffic analyzer market.”

The service provider segment is expected to dominate the market with the largest market share during forecast period. Globally, the need for service providers to manage network infrastructure is increasing at a rapid pace. The service providers include cloud service providers, Managed Service providers (MSPs), Internet Service Providers (ISPs), and telecom operators.  These service providers use the network traffic analyzer tool to manage, analyze, and optimize the entire network infrastructure.

“North America is expected to hold the largest market share; Asia Pacific (APAC) to grow at the highest rate during the forecast period.”

North America is expected to hold the largest share in the global network traffic analyzer market during the forecast period. North America is the headquarters of about 50–60% of the vendors in the network traffic analyzer market with significant investments in network infrastructure by data center providers, MSPs, cloud services, and Communication Service Providers (CSPs). Enterprise mobility and IoT have penetrated the region. It is expected to provide growth opportunities for the network traffic analyzer market.

APAC is expected to grow at the highest CAGR during the forecast period. The growth in the APAC region is driven by prevalent adoption of network traffic analyzer solutions by enterprise customers across China, Japan, India, and Australia. In addition to this, rapid increase in security attacks, including malwares, viruses, and Denial of Service (DoS) over enterprise networks is expected to drive the need for implementing network traffic analyzer solutions in the APAC region.

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Major providers of network traffic analyzer solutions are Cisco (US), SolarWinds (US), NETSCOUT SYSTEMS (US), ManageEngine (US), Kentik (US), Ipswitch (US), Colasoft (China), Genie Networks (Taiwan), Nokia (Finland), HPE (US), CA Technologies (US), Plixer (US), and NetFlow Auditor (IdeaData) (Australia).

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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Email: sales@marketsandmarkets.com

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Enterprise WLAN Market Ongoing Trends and Recent Developments

According to the new market research report "Enterprise WLAN Market by Component, Hardware (Wireless access points, AP Antennas, Wireless LAN controllers, Multigigabit Switching, Wireless Location Appliance), Software, Service, Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets™, the global enterprise Wirelesses Local Area Network (WLAN) market is expected to reach USD 21.10 Billion by 2021 from USD 5.53 Billion in 2016, at a Compound Annual Growth Rate (CAGR) of 30.7% between 2016 and 2021

Driven by factors such as growing demand for Bring Your Own Device (BYOD) and cloud applications, along with the emergence of Internet of Things (IoT).

Wireless LAN controller has created vibrant prospects for marketers and other stakeholders in the market

A wireless LAN controller is used in combining access point protocols to manage access points in large through network administrators or network operations centers. The WLAN controller automatically handles the configuration of wireless access points. Driving factors for the WLAN controller market is the increasing number of smart devices, such as mobile phones and tablets, the increasing number of data-intensive applications used in these smart devices and the observed pattern of maximum data usage by the end users when they are stationary such as, in homes, restaurants and workplace.

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Hospitality vertical projected to showcase robust growth in the Enterprise WLAN market

Hospitality companies require insights into factors such as number of users, media duration, and Quality of Experience (QoE). These factors cumulatively provide insights into the current quality and content delivery provided by the network and is facilitated through the enterprise WLAN solutions for the real-time entertainment network analysis, peak period analysis, and subscriber application usage. Moreover, these solutions provide the capability for ensuring uninterrupted network performance.

Growing demand to optimize supply chain and the governments’ efforts to standardize the enterprise WLAN market creates remarkable potential in the APAC market

The APAC region is expected to experience extensive growth opportunities in the next few years. The existence of a large working population and developing technology hubs has expanded the competitive environment in the region. APAC has the highest deployment of the cloud-based services. The region is investing in the IT and telecommunication sector. These developments clubbed with a growing demand from a massive and growing population, certifies a tremendous growth potential for Enterprise WLAN market in the region.

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The various key enterprise WLAN vendors and service providers profiled in the report include Huawei, Cisco Systems, and Juniper Networks many others.

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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630 Dundee Road

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Email: sales@marketsandmarkets.com

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