Next-Generation Data Storage Market is Projected to Reach USD 118.22 Billion by 2025: Grand View Research, Inc.

19-Mar-2020: The global next-generation data storage market size is expected to reach USD 118.22 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to record a CAGR of 12.5% from 2019 to 2025. The market growth is driven chiefly by the rising consumer need for reliable, secure, and cost-efficient ways of storing and managing information.

Increase in digitization of information is also one of the key drivers of the market. Furthermore, IoT and embedded devices generate information, log files, and metadata. Securely storing large-scale datasets is the need of the hour and cloud computing is positioned to cater to this need of the market efficiently. Advancements and the increased adoption of cloud computing technologies and services such as hybrid cloud, IoT, BDaaS, and PaaS are also expected to play a crucial role in the growth of the market in the near future.

The demand for next-generation data storing platform and technologies is also expected to rise in the face of the emergence of smart machines such as self-driving cars and robots. Connectivity with the internet and the presence of a variety of sensors and data storing systems in these machines make them a good source of an unprecedented volume of digital information that can be collected and analyzed for a range of purposes. These software-enabled machines are often controlled and operated from centralized remote points, necessitating the use of advanced and reliable solutions for storing information. Thus, the rising adoption of such machines is expected to drive the market in the near future.

The storing, management, and organization of data across various industries and sectors are often subject to specific data requirements of operations and processes specific to the industry or sector. Moreover, industrial expertise and technological advancements must be combined to achieve high-speed, large-scale, efficient, and secure data storage. These complex requirements could hinder the adoption of a variety of next-generation data storing solutions, especially in small- and medium-sized companies that lack the required infrastructure. Nevertheless, the emergence of advanced and economical technologies —backed by an increase in funding for R&D in emerging and investigational products —indicate a promising future for the global next-generation data storage market.

The competitive landscape of the market is highly competitive owing to the presence of a number of well-established companies. Some of the leading companies in the market are Hewlett Packard Enterprise Company, Hitachi, Ltd., NetApp, Inc., Dell Inc., IBM Corporation, Micron Technology, Inc., Netgear Inc., and Inspur.

In depth research report on Next-Generation Data Storage Market

https://www.grandviewresearch.com/industry-analysis/next-generation-data-storage-market

Further key findings from the study suggest:

·       Penetration of next-generation data storing devices in developing countries could be challenged by financial constraints

·       The Network-Attached Storage (NAS) technology segment is positioned to witness the fastest growth over the forecast period

·       The growing need to manage large volumes of structured and unstructured data will promote the growth of the NAS technology segment

·       The Solid State Drive (SDD) technology offers more secure data encryption and storage using electronic chips, driving the demand for SSDs across a rising set of applications 

·       The Asia Pacific regional next-generation data storage market is likely to witness the fastest growth, driven by a rise in disposable income and growing consumer awareness regarding the benefits of next-generation data storing devices

Grand View Research has segmented the global next-generation data storage market based on technology, technique, type, end user, and region.

Next-Generation Data Storage Technology Outlook (Revenue, USD Million, 2014 - 2025)

·       Magnetic Storage

·       SSD

·       Hybrid Flash Array

Next-Generation Data Storage Technique Outlook (Revenue, USD Million, 2014 - 2025)

·       Direct-Attached Storage

·       Network-Attached Storage

·       Storage Area Network

·       Others

Next-Generation Data Storage Type Outlook (Revenue, USD Million, 2014 - 2025)

·       Local (on-premise)

·       Remote (cloud)

·       Hybrid

Next-Generation Data Storage End User Outlook (Revenue, USD Million, 2014 - 2025)

·       Home

·       Business

·       BFSI

·       Retail

·       Healthcare

·       Government Bodies

·       Telecom Companies

·       Cloud Service Providers

·       Others

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About Grand View Research

Grand View Research, Inc. is the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Command and Control Systems Market Worth $25.04 Billion by 2025: Grand View Research, Inc.

25-June-2019: The global command and control systems market size is anticipated to reach USD 25.04 billion by 2025, registering a CAGR of 3.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing military budgets of Asian countries, such as China and India, rising influence of terror groups in Iraq, Syria, and Palestine, and technological advancements in defense industry are anticipated to fuel the Command and Control (C2) demand.

Geopolitical conflicts in Asian countries, such as India, China, and Pakistan coupled with multinational military practices performed by the armed forces in Middle East are expected to fuel the demand for C2 systems as they enhance efficiencies of military operations. Command and control systems offer technological advantages, such as real-time information sharing and situational awareness, which enhance operational competences of military operations. Moreover, extensive adoption of C2 systems to effectively manage mission-critical situations in the commercial sector as well as manufacturing, transportation, and other industries is predicted to drive the market over the forecast period.

The maritime segment is estimated to witness the highest growth over the forecast period. Growing investments in naval development across the world along with increasing global trade activities and usage of cargo ships in maritime trade are contributing to the segment growth. Technological advancements offer benefits such as higher efficiency in battlefield operations, situational awareness and effective planning and decision making in mission-critical situations.

Some of the major vendors active in the Command and Control (C2) systems market are Lockheed Martin Corporation, BAE Systems, Rockwell Collins, and The Boeing Company. Vendors operating in the market are poised to witness a rise in the demand owing to increasing technological advancements.

 In depth research report on Command and Control Systems Market

https://www.grandviewresearch.com/industry-analysis/command-control-systems-market

Further key findings from the study suggest:

·       Maritime is predicted to register the fastest CAGR of 5.5% over the forecast period owing to the increasing marine trade, need for safety and security of the shipping operations and growing investments in naval forces by the developed countries

·       The land segment is anticipated to hold the largest market share throughout the forecast period due to the increasing adoption of the C2 systems in land-based military operations

·       Asia Pacific is anticipated to be the fastest growing regional market, on account of the growing geopolitical conflicts and military expenditures on the next generation of communication activities

·       Some of the prominent players operating in the command and control systems market are Lockheed Martin Corporation, BAE Systems, Rockwell Collins, and The Boeing Company.

Grand View Research has segmented the global command and control systems market based on platform, solution, application, and region:

Command and Control Systems Platform Outlook (Revenue, USD Million, 2014 - 2025)

·       Land

·       Maritime

·       Space

·       Airborne

Command and Control Systems Solution Outlook (Revenue, USD Million, 2014 - 2025)

·       Hardware

·       Software

·       Services

Command and Control Systems Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Defense

·       Commercial

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https://www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Global positioning systems are Provide Real-Time Location of Objects

3-June-2019: The global positioning systems (GPS) market size is anticipated to reach USD 146.4 billion by 2025, according to a new study by Grand View Research, Inc., exhibiting a CAGR of 18.4% during the forecast period. Burgeoning popularity of location-based services such as online food delivery and e-hailing services are projected to create significant demand for GPS-enabled devices over the forecast period. Furthermore, increasing use of GPS devices for navigation purposes in military aircraft and navy ships is poised to propel the market.

Global positioning systems are satellite-based navigation systems that provide real-time location of objects. GPS is widely used in a variety of civil applications, including road transportation, shipping, rail transportation, heavy vehicle guidance, surveying and mapping, social activities, and financial services. GPS transmitters use data to provide exact location of the object. Moreover, a GPS can work in any weather condition that makes it more versatile and reliable.

Among all application segments, the location-based services and road segments are expected to be significant revenue contributors in the global market during the forecast period owing to increasing deployment of GPS technology in smartphones, tablets, networking devices, IoT devices, and connected vehicles. Rising adoption of smartphones and growing consumer inclination towards digital services such as online retailing, cab services, and food at door steps are likely to spur the growth of the market during the forecast period.

In addition, increasing investments by large market players in developing countries such as China, India and Indonesia are expected to boost overall adoption through partnership with local suppliers. This will help the Asia Pacific market to gain traction over the coming years. However, lack of network infrastructure and  lack of awareness of GPS technology among large population are estimated to hinder the growth of the market over the forecast period.

 In depth research report on Global Positioning Systems (GPS) Market

https://www.grandviewresearch.com/industry-analysis/gps-market

Further key findings from the study suggest that:

·       North America accounted for the largest market share in 2017 followed by Europe, owing to a large number of smartphone users, high demand for GPS devices for connected fleets, and presence of key market players

·       The Asia Pacific GPS market is expected to witness significant growth over the forecast period on account of increasing per capita expenditure, growing economy, and high adoption of smartphones

·       The location-based services application segment accounted for over 41.0% of the global GPS market in 2017 owing to a surge in the demand for GPS devices for navigation and travel, retail and real estate searches, geo-social networking, and mobile marketing and advertising purposes

·       Prominent market players are focusing on undertaking mergers and acquisitions with system integrators to increase their overall revenue share. Additionally, key players are continually  investing in development of new products to gain a higher market share and increase their overall profitability

·       Military expenditure by governments of countries such as the U.S., Russia, China, India, and Saudi Arabia is projected to rise significantly, thus fueling the growth of the global GPS market over the forecast period.

Grand View Research has segmented the global GPS market on the basis of deployment, application, and region:

GPS Deployment Outlook (Revenue, USD Million, 2015 - 2025)

·       Standalone Tracker

·       Portable Navigation Devices

·       Automotive Telematics Systems

·       Consumer Devices

·       Others

GPS Application Outlook (Revenue, USD Million, 2015 - 2025)

·       Road

·       Aviation

·       Marine

·       Location-based services

·       Surveying and Mapping

·       Others

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

ROADM WSS Component Provide Flexibility to Easily Manage Wavelengths

23-April-2019: The global ROADM WSS component market size is expected to reach USD 1.32 billion by 2025, according to a new study conducted by Grand View Research, Inc., progressing at a CAGR of 12.1% during the forecast period. Soaring need for components that provide flexibility to easily manage wavelengths and monitor network operations are expected to stimulate the growth of the market.

Communication service providers continue to face challenges to modify existing optical networks to meet increasing demand. Traditionally, they modify network required for addition of new wavelengths or change distribution of current wavelengths. ROADM WSS components help overcome these challenges by allowing communication service providers to add new wavelengths without disturbing the current optical networks.

In addition, ROADM WSS components offer various benefits such as remote process management, reduced network operation cost, and full monitoring and control over high-capacity network infrastructure. These factors are also estimated to accelerate ROADM WSS component market growth.

Increasing adoption of dynamic ROADMs coupled with a surging demand for Wavelength Selective Switches (WSS) enabled ROADMs is anticipated to bolster the growth of the market. Furthermore, rising video traffic coupled with spiraling demand for Internet Protocol television (IPTV) is projected to fuel growth prospects.

Key market players are focusing on developing ROADM-based optical transport incorporated with electrical switching, which is flexible, compact, and can address requirements such as high wavelength speed, improved spectral efficiency, and minimized power consumption. Growing demand for increased bandwidth encourages network operators to deploy ROADM-based optical transport incorporated with electrical switching. This is further projected to keep market growth prospects upbeat.

 In depth research report on ROADM WSS Component Market

https://www.grandviewresearch.com/industry-analysis/the-global-roadm-wss-component-market

Further key findings from the report suggest:

·       The Wavelength Selective Switches (WSS) segment is poised to register the highest CAGR of 12.9% during the forecast period, owing to rising demand for fast network speeds and growing network data traffic

·       The multi-node segment is likely to experience significant growth during the same period. Metro networks are shifting from centralized data centers to distributed data centers to increase user data access speed and to improve user experience, which in turn is expected to supplement the growth of the segment

·       The long haul application segment is estimated to post a CAGR of over 12.8% during the forecast period. This growth of the segment can be attributed to development of energy efficient ROADM architecture for long haul applications

·       The communication segment is anticipated to dominate market throughout the forecast horizon owing to increasing adoption of ROADM WSS components by telecom service providers that assist in minimizing operational costs and offers enhanced communication services

·       North America is projected to lead the market until 2025 and is poised to reach USD 350.6 million owing to burgeoning adoption of ROADM WSS components to offer seamless communication services to users

·       Prominent industry participants include AC Photonics, Inc.; Active Optical MEMS, Inc.; Aegis Lightwave, Inc.; Agiltron, Inc.; Cisco Systems, Inc.; Corning Incorporated; DuPont Photonics Technologies, LLC ; Finisar Corporation; Fujitsu Limited; ADVA Optical Networking; Sinclair Manufacturing Company; and Xerox Corporation.

Grand View Research has segmented the global ROADM WSS component market on the basis of type, node, application, end use, and region:

ROADM WSS Component Type Outlook (Revenue, USD Million, 2014 - 2025)

·       Blocker-based

·       Edge ROADMs

·       PLC-based

·       Wavelength Selective Switches (WSS)

ROADM WSS Component Node Outlook (Revenue, USD Million, 2014 - 2025)

·       Two-node

·       Multi-node

ROADM WSS Component Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Long Haul

·       Metro

ROADM WSS Component End-use Outlook (Revenue, USD Million, 2014 - 2025)

·       Communication

·       Others

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https://www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Cloud Service Brokerage (CSB) Helps to Reduce Business Complexities

27-March-2019: The global cloud services brokerage market size is estimated to reach USD 17.2 billion by 2025, according to a new study by Grand View Research, Inc. It is projected to expand at a CAGR of 17.3% during the forecast period. Cloud Service Brokerage (CSB) is a business model that helps plan and manage IT resources across all cloud models from numerous vendors whilst reducing compliance risk and total IT costs. It helps reduce business complexities through managing, integrating, orchestrating, and controlling multi-cloud environments on a centralized platform.

Additionally, enterprises can provide several cloud-based services from a single point of access, including administration, billing, and support, to their partners and customers. The significant rise in adoption of multi-cloud platforms to cater to the needs of various clients, vendors, and technology partners is likely to remain the key factor driving growth of the global cloud services brokerage market over the forecast period.

Cloud service brokers help manage services implemented on hybrid clouds and integrate these platforms with the systems and cloud-based applications deployed at consumer’s premises. The aim is to make services more secure and specific to the company. With the increasing use of cloud services for both B2B processes and back-office systems, integration and coordination of a high order is needed. Moreover, the rise of outsourcing of interdependent business processes to multi-cloud vendors makes business processes highly complex. This is likely to result in increased adoption of CSB solutions over the forecast period.

Rapid growth in demand for hybrid IT solutions across large enterprises coupled with growing need for storage and effective management of large volumes of enterprise data, is expected to lead the market toward a remarkable growth path over the forecast period. Furthermore, the rapid migration of Small and Medium Enterprises (SMEs) on cloud platforms - to reduce infrastructure costs and improve the ease of data accessibility -  is expected to lead to high demand for cloud service brokerage solutions and services.

Besides, rapidly increasing numbers of digital payment vendors and rising government initiatives aimed at the promotion of digital banking technologies are likely to foster growth of the cloud service brokerage market over the forecast period. Key market players focus on mergers and acquisitions to expand their service portfolios, customer base, and regional presence. However, the lack of awareness about the benefits of CSB solutions, coupled with the rising concerns related to cybersecurity among consumers, may hinder the growth over the forecast period.

In depth research report on Cloud Service Brokerage (CSB) Market

https://www.grandviewresearch.com/industry-analysis/cloud-service-brokerage-csb-market

Further key findings from the study suggest that:

·       In 2018, North America captured a significantly high market share, attributed to a large number of data centers along with several large IT and cloud service providers

·       Asia Pacific is expected to witness significant growth from 2019 to 2025, mainly due to growing adoption of cloud services in small and medium enterprises to reduce infrastructure costs and to sustain in a highly competitive environment

·       Cloud vendor management segment is anticipated to witness robust growth over the forecast period owing to benefits of these services that allow efficient management of multi-cloud platforms for numerous vendors

·       External brokerage enablement segment delivers multi-tenant cloud delivery and management platform, which assist applications such asdelegated administration, self-service cloud fulfillment, and channel enablement for distributors, cloud service providers, and resellers. This is expected to drive segment growth over the forecast period

·       Prominent players operating in the cloud service brokerage market focus on mergers and acquisitions to deliver high security over multi-cloud platforms and to enhance their regional presence. For instance, BMC Software, Inc. acquired CorreLog, Inc. in October 2018 to deliver real-time security management to its mainframe customers.

Grand View Research has segmented the global Cloud Services Brokerage (CSB) market on the basis of service, deployment model, organization size, platform and end-use industry:

Cloud Services Brokerage Service Outlook (Revenue, USD Million, 2014 - 2025)

·       Cloud Integration, Sourcing, and Procurement

·       Cloud Vendor Management

·       Cloud Governance & Control

Cloud Services Brokerage Deployment Model Outlook (Revenue, USD Million, 2014 - 2025)

·       Private Cloud

·       Public Cloud

·       Hybrid Cloud

Cloud Services Brokerage Platform Outlook (Revenue, USD Million, 2014 - 2025)

·       Internal Brokerage Enablement

·       External Brokerage Enablement

Cloud Services Brokerage Organization Size Outlook (Revenue, USD Million, 2014 - 2025)

·       Large Enterprises

·       Small & Medium Enterprises

Cloud Services Brokerage End-use Industry Size Outlook (Revenue, USD Million, 2014 - 2025)

·       IT & Telecom

·       BFSI

·       Government & Public Sector

·       Healthcare

·       Consumer Goods & Retail

·       Manufacturing

·       Energy & Utilities

·       Others

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/