Showing posts with label Software and Services. Show all posts
Showing posts with label Software and Services. Show all posts

Tuesday, December 10, 2019

Blockchain Identity Management Market Future Scope, Rising Demand, Leading Global Companies, and Regional Average Pricing Analysis, 2026

Allied Market Research published a report, titled, "Blockchain Identity Management Market by Service Providers (Infrastructure Providers, Middleware Providers, and Application Providers), Organization Size (Large Enterprises and Small & Medium Enterprises (SMEs)), and Industry Vertical (BFSI, Government, Healthcare, Automotive & Transportation, Retail, IT & Telecom, Others): Global Opportunity Analysis and Industry Forecast, 2019–2026." As per the report, the global blockchain identity management market was estimated at $107 million in 2018 and is expected to hit $11.46 billion by 2026, registering a CAGR of 79.2% during the study period.

Driving factors for the market
Rise in transactions transparency, surge in need to ensure quality, reliability, authenticity, and product safety, and rise in investment by retail industries in blockchain-based solutions fuel the growth of the global blockchain identity management market. On the other hand, lack of skilled experts impedes the growth to some extent. Nevertheless, rapidly changing retail sector and international trade is expected to pave the way for a number of opportunities for the key players in the industry.


The infrastructure provider segment to lead the trail till 2026-
Based on service provider, the infrastructure provider segment contributed to more than half of the global blockchain identity management market share in 2018, and is expected to dominate throughout the study period. Increase in need to scale the organizations infrastructure in secure and sustainable way is driving the growth of this segment. Simultaneously, the application provider segment would showcase the fastest CAGR of 84.8% by the end of 2026. Rise in need to reduce the involvement of third parties or middlemen is the key factor boosting the market demand of this segment.

The large enterprises segment to dominate during the estimated period-
Based on organization size, the large enterprises segment accounted for more than four-fifths of the global blockchain identity management market revenue in 2018, and is anticipated to rule the roost during the estimated period. Growing need to eliminate conventional issues, innovate new solutions, and deliver concrete business outcomes are the major factors boosting the grow of the segment. At the same time, the small & medium enterprises segment would grow at the fastest CAGR of 85.7% throughout the forecast period. Increase in need to move from traditional business models to digital business fuels the growth.

North America to maintain its top status throughout the forecast period-
Based on geography, North America held the largest share in 2018, generating nearly half of the global blockchain identity management market. This is due to the presence of major market players in this province. The region across Asia-Pacific, on the other hand, would cite the fastest CAGR of 89.7% by 2026. Growing data security concerns and customer demands are the major factors propelling the demand for blockchain among retailers in this region.

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Frontrunners in the industry-
  • Bitfury Group Limited
  • IBM Corporation
  • Oracle Corporation
  • Microsoft Corporation
  • Cambridge Blockchain LLC
  • Civic Technologies
  • Amazon Web Services, Inc.
  • Evernym Inc.
  • Blockverify
  • KYC-CHAIN LIMITED
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Thursday, November 21, 2019

Financial Analytics Market 2023: Major Factors that can Increase the Global Demand

Financial Analytics Market, by Type, Organization Size, Deployment Type, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global financial analytics market was valued at $5,244 million in 2016, and is projected to reach $10,383 million by 2023, growing at a CAGR of 10.1% from 2017 to 2023.


Financial analytics help end users to focus on financial functions across organizations and provide better visibility into factors that drive costs, revenue, and shareholder value. Continuous advancement in technology, rise in need for cloud-based services, and growth in demand for financial analytics solutions among organizations are anticipated to boost the market growth. However, data security and privacy-related issues are anticipated to hinder the market growth.

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Based on type, the database management systems (DBMS) segment dominated the market in 2016, with around 35% revenue share. DBMSs are witnessing a significant change, as end-user organizations go through digital transformation including the leveraging of a wide variety of data types. Further, improved data security and data sharing play a significant role in growth of this segment.

The cloud segment is anticipated to expand at the highest CAGR of 14.1% throughout the forecast period, due to high adoption of cloud-based solutions among both, large enterprises and SMEs, owing to the transfer of large volume of critical and confidential data. These solutions facilitate enterprises with superior control over access to applications and sensitive information from distant locations. Furthermore, the increase in usage of mobile devices drives the demand for cloud-based solutions.
By organization size, the large enterprise segment dominated the market in terms of expenditure, accounting for 69% of the overall market revenue share in 2016.

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Among end users, the BFSI segment dominated with 29% market share in 2016. This is attributed to increase in application of financial analytics solutions in the banking and financial institutions. North America was the highest revenue contributor in 2016, accounting for around 43% share of the overall financial analytics market.

Driving factors for the market
  1. Improve performance
  2. Increased awareness among end users
Market Restraints and Opportunities: 
  1. Upsurge in cyberattacks and data breaches
  2. Lack of skilled workforce
  3. Emerging markets
Key Market Players Profiled in the Report
  • Deloitte LLP
  • Hitachi Consulting
  • IBM Corporation
  • Information Builders
  • Microsoft Corporation
  • Oracle Corporation
  • Rosslyn Analytics Limited
  • SAP SE
  • Symphony Teleca Services, Inc.
  • Teradata Corporation
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3D Rendering Services Market in North America, Statistics 2019: Challenging

The Objective of the “North America 3D Rendering Services Market” report is to depict the trends and upcoming for the North America 3D Rendering Services Application industry over the forecast years. 3D Rendering Services report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2018 to 2025 mulling over 2017 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.


North America promoted the 3D rendering market on another grade, as 3D rendering is used on a larger scale by North America. Moreover, North America has provided the maximum growth prospective in the global 3D rendering service market. According to a report published by Allied Market Research, the North America 3D rendering market is estimated to reach $18.30 billion, growing at a CAGR of 25.4% by 2025. Currently, North America has industry-specific 3D rendering software. However, 3D rendering services are expected to provide a great platform for the designer and architectural firms to improve their designs as well as production.


3D rendering has modified the architecture and design industry with its visualized miniatures and patterns. Moreover, it has provided more opportunities to both the designers as well as the customers, benefiting them with cost-efficient and appealing solutions for home décor.

The architecture and design industries have been flourished with a 3D rendering for providing a creative and virtual presentation of building structures as mockups and miniatures. Currently, 3D rendering has been boon for the condensed sites and buildings. The designs have appeared in 3D format that seems visually attractive. The architecture and design industries are adopting 3D rendering as it offers the ability to present colors, textures, materials, and other required instruments for home decors and site constructions in 3D structures. This process of transformation is effortless as compared to the earlier procedures. Other than architects, interior/exterior designers, 3D rendering is used in industries such as automotive, telecommunication, film & animation, and industrial electronics for visualized projects. Other than this, the patterns used in 3D rendering for visualization are useful for designing construction miniatures. Moreover, the patterns can provide an easy demonstration of furniture and decor arrangements.

Architectural 3D rendering to be benefiting the industry:
3D rendering services actively present the conceptual diagrams of building constructions and home decors with detailed specifics. This helps the buyer and builder to examine the miniature closely before finalizing. What’s more, the interiors can be modified according to the customer’s desire. Furthermore, 3D visualization provides a widened perspective for various ideas during the conceptual period.

With 3D rendering, you can change the location of existing furniture or pre-plan the location of furniture, managing the space in your apartment accordingly. On the other hand, the 3D rendering services provide the designs and construction based on-site location. It saves time and money, as changing modifications including color, texture, or furniture afterward can lead to wastage of money, material, and time. However, architectural visualization improves budget control, as it presents the design before execution and allows to change the modifications if any. It can be used for advertising and selling residential and commercial units. 3D rendering is helpful for sales and marketing services as 3D rendering can be printed on catalogs and billboards, and can be used for trade shows and exhibitions as well.


North America 3D Rendering Services Market Key Segments:
By Type Of Services
  • Interior Visualization
  • Exterior Visualization
  • Modeling Services
  • Walkthrough and Animation
  • Floor Plan
By End User
  • Architects
  • Designers
  • Engineering Firms
  • Real Estate Companies
By Project Type
  • Commercial Projects
  • Residential Projects
By Country
  • U.S.
  • Canada
  • Mexico
Key Market Players
  • RealSpace Vision Communication Inc.
  • Mapsystems
  • Professional 3D Services
  • 3D Animation Services
  • Flatworld Solutions Pvt. Ltd.
  • Win Biz Solutions Rayvat Rendering
  • Xpress Rendering
  • Tesla Outsourcing Services
  • CG Studio
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Tuesday, November 5, 2019

Cloud API Market Size 2019: Showcases Promising Growth by 2026

Allied Market Research published a report, titled, "Cloud API Market by Type (PaaS APIs, SaaS APIs, IaaS APIs, and Cross-platform APIs), Enterprise Size (Large Enterprises and Small & Medium Enterprises (SMEs)), and Industry Vertical (BFSI, IT and Telecommunication, Manufacturing, Education, Healthcare, Media & Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026." According to the report, the global cloud API market garnered $417.3 million in 2018 and is estimated to generate $1.78 billion by 2026, registering a CAGR of 20.3% from 2019 to 2026.


Surge in adoption of cloud computing, enhanced efficiency, DevOps automation, and rise in microservices adoption by organizations facilitate the growth of the global cloud API industry. However, security issues related to cloud API restrain the market growth up to certain extent. On the other hand, significant increase in demand for cloud native API is estimated to present new opportunities in coming years.

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Based on type, the segments, SaaS APIs and IaaS APIs, together accounted for nearly three-fourth of total share of the global cloud API market in 2018, and is estimated to maintain its dominance during the forecast period. This is attributed to surge in number of smartphones and connected devices across the globe. However, the IaaS APIs segment is estimated to register the fastest growth rate with a CAGR of 21.6% from 2019 to 2026.

Based on enterprise size, the large enterprises segment held more than four-fifths of total market share in terms of revenue of the global cloud API market in 2018, and is expected to continue its lead position by 2026. On the other hand, the small and medium enterprises (SMEs) segment would grow at the highest CAGR of 23.7% during the forecast period.

On the basis of industry vertical, healthcare and IT & telecommunication segments together accounted for nearly two-fifths of the total share in 2018, and will dominate in terms of revenue by 2026. This is due to rise in implementation of cloud-based services in these verticals. However, the manufacturing segment is expected to grow at the highest CAGR of 22.4% from 2019 to 2026.

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Based on region, North America accounted for the major share in 2018, holding nearly half of the global cloud API market, and will maintain its highest share throughout the forecast period. This is owing to high rate of adoption of cloud API for enhancing operational efficiency in the IT infrastructure. On the other hand, Asia-Pacific is expected to register the largest growth rate of CAGR of 23.7% from 2019 to 2026. This is owing to increase in penetration of software-based services and trend of digitalization in developing countries including India and China.

Key Market Players
  •  Amazon Web Services, Inc.
  • CA, Inc.
  • Dell, Inc.
  • Google Inc.
  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Salesforce.com, Inc.
  • SAP SE
  • TIBCO Software Inc.
Driving factors for the market
  1. Increase in cloud computing adoption
  2. Improved operational efficiency and DevOps automation
  3. Growing adoption of microservices by organizations
  4. Growing adoption of microservices by organizations
Market Restraints and Opportunities: 
  1. Cloud API security issues
  2. Growing demand for Cloud native API
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VFX Software Market Data analysis, IT infrastructure, Business Distribution To 2019-2026

VFX Software Market by Component (Software and Service), Deployment (On-premise and Cloud), and Application (Movies, Advertising, Television, and Gaming): Global Opportunity Analysis and Industry Forecast, 2019–2026." As per the report, the global VFX software industry was estimated at $559.53 million in 2018 and is expected to reach $1.45 billion by 2026, growing at a CAGR of 12.7% from 2019 to 2026. The report offers an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.


Drivers, restraints, and opportunities
Rise in use of visual effects in movies, increase in demand for high quality content by consumers, and adoption of cloud for VFX drive the growth of the global VFX software market. On the other hand, presence of free & open-source VFX software hampers the growth to certain extent. However, integration of Virtual Reality (VR) technology for visual effects and use of artificial intelligence in VFX software are expected to create lucrative opportunities in the near future.


The software segment to maintain its leadership status till 2025
Based on component, the software segment contributed to more than two-thirds of the global VFX software market share in 2018 and is expected to dominate throughout the forecast period. Rising demand for moving media which cannot be completed through live-shooting is propelling the market for VFX software segment. The service segment, on the other hand, is projected to grow at the fastest CAGR of 13.4% during 2019–2026. There has been a steep rise in the adoption of services among end users, as they ensure effective functioning of software and platforms throughout the process.

The on-premise segment to remain lucrative during the estimated period
Based on deployment, the on-premise segment accounted for three-fifths of the global VFX software market revenue in 2018 and is anticipated to rule the roost by 2026. The fact that one-premise software has complete control on video content and also ensures the privacy related to the data or content has spurred the growth of the segment. Simultaneously, the cloud segment would register the fastest CAGR of 13.6% by 2026. Low investment cost and economical plans of VFX software as a service are fueling the demand for this segment.


North America to maintain its dominance throughout the forecast period
Based on geography, North America held the major share in 2018, generating one-third of the global VFX software market. The presence of large number of studios in North America that are using visual effects is the key factor that drives the growth of the North America VFX software market. At the same time, the Asia-Pacific region would cite the fastest CAGR of 13.6% till 2026. This is attributed to the growing demand of visual effects in film industry.

Key market players
  •  Autodesk Inc.
  • Corel Corporation
  • Blackmagic Design Pty. Ltd.
  •  Maxon Computer
  • Chaos Software
  • Sitni Sati
  • Adobe
  • The Foundry Visionmongers Limited
  • SideFX
  • Pixar
Driving factors for the market
  1. Increase in use of visual effects in movies
  2. Rise in demand for high quality content by consumers
  3. Adoption of cloud for VFX
Market Restraints and Opportunities: 
  1. Presence of free & open-source VFX software
  2. Integration of Virtual Reality (VR) technology for visual effects
  3.  Use of Artificial intelligence in VFX software
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