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Smart Water Management Market Development and New Market Opportunities and Forecasts 2029

Global Smart Water Management Market: Overview

The global smart water management market is set to witness an increase in its market worth over the forecast period of 2019 to 2029. TMRR notes that it will be a result of moderate but steady growth rate projected for the market over this period. It also delineates how the market is driven by a slew of trends and drivers.

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Foremost among the numerous growth factors are climate volatility, increase in awareness regarding water scarcity and need for conservation, and ageing infrastructure that has a massive bearing on the smart water management market. Besides, governments across the world are coming up with stringent regulations such as the California Water Conservation Act that is contributing positively to growth in the global smart water management market.

Global Smart Water Management Market: Competitive Landscape

Multiple growth strategies are being opted for by players operating in the competitive landscape of global smart water management market. These emerge from across the organic and inorganic spectrum.  Some of the most notable ones are improving reduction in leakage, technological advancement, key alliances, and mitigate waste reduction.

Top players operating in the highly fragmented vendor landscape of global smart water management market are:

  • ABB Ltd
  • Aclara
  • Badger Meter
  • Cisco
  • Elster
  • General Electric (GE)
  • HydroPoint Data Systems Inc.
  • IBM Corporation
  • Itron
  • Mueller Systems
  • Oracle
  • Schneider Electric
  • Sensus
  • Siemens AG
  • Tata Consultancy Services

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Global Smart Water Management Market:  Key Trends and Drivers

The global smart water management market is growing at the back of a number of trends and drivers. Transparency Market Research provides a deep down into market growth dynamics. A peek into these growth factors is outlines below:

  • Population across the world is growing and this factor is stressing the scarce resource of water. This is driving demand for smart water management world over. By 2050, global population will touch the high mark of 9.7 billion. Currently, the world population is 7.7 billion and that means that an increase of 2 billion will be noted in the intermediate period. This will be a notable contributor to growth in the global smart water management market.
  • Governments across the world are trying to push smart water management in order to manage scare resources. In places, that are witnessing rapid industrialization and urbanization, it gains centre-stage. Additionally, it is worth noting here that in a number of countries such as India, smart city development is underway. This is set to drive growth in the smart water management market over the forecast period.

Global Smart Water Management Market:  Regional Analysis

Over the forecast period, in global smart water management market, North America would top the regional charts while Asia Pacific (APAC) will emerge as a fast growing region. In the former, factors of growth include notable incubation facilities and financial incentives. In the latter, scarcity of water and increase in investment is leading to growth in the regional market. It is pertinent to note here that in Asia Pacific region, rapid industrialization is also leading to high demand for water and this is leading to governments investing in the right kind of infrastructure and smart products. Development of smart cities is also set to drive growth in the regional smart water management market.

Global Smart Water Management Market Segmentation:

By Component

  • Devices
  • Solutions
  • Services

By Technology

  • Fixed Network
  • Cellular

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TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Fibre to the Home Market Scope, Summary, Overview, Research Methodology and Forecast to 2029

Global Fibre to the Home Market: Overview

The global fibre to the home market is all set to gain increased sales avenues during the forecast period of 2019 to 2029. This growth is attributed to plethora of factors. Booming artificial intelligence (AI) technology and IOT devices, rising entertainment options, increased online learning options, and smart home automation are some of the key factors owing to which the global fibre to the home market is expected to thrive in the upcoming years.

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Global Fibre to the Home Market: Growth Dynamics

The global fibre to the home market is projected to witness increased demand avenues on the back of rising need for high Internet speed. A wide range of applications including smart gadgets, virtual reality, 3D learning, and VoIP applications need high-speed Internet to get efficient services. As a result, a wide range of population from all across the world is inclined toward the use of the fiber to the home technology for household as well as industrial purpose. This factor is driving the growth of the global fibre to the home market.

In recent years, the government bodies of many countries have taken initiatives to promote the development of smart home automation projects and smart city projects. This factor is a big positive for the global fibre to the home market. The enterprises engaged in the Internet services are required to invest lower amount for the fibre technology. As a result, they can offer this service at cheaper rate, which will promote more and more people to avail the fibre technology services. This factor will stimulate the growth of the global fibre to the home market during the forecast period of 2019 to 2029.

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Global Fibre to the Home Market: Notable Development and Competitive Analysis

The global fibre to the home market is moderately fragmented in nature. Presence of considerable number of well-established players connotes that the competitive landscape of the market for fibre to the home is extremely intense. To sustain in this high competition, vendors are using gamut of strategies. Increased number of joint ventures and mergers and acquisitions indicates that the global fibre to the home market will witness stupendous expansion opportunities in the upcoming years. In addition to this, numerous enterprises are entering into partnership agreements. This factor will fuel the market growth.

The list of important players in the global fibre to the home market includes:

  • Google Fiber Inc.
  • China Unicom
  • Nippon Telegraph and Telephone Corporation
  • AT&T Inc.
  • Verizon Fios

Global Fibre to the Home Market: Regional Assessment

On regional front, the global fibre to the home market is expected to witness significant expansion avenues in Asia Pacific. Major population living in Asia Pacific is already using the fibre technology.  Millions of people from the countries like Japan, China, and South Korea are by now subscribers VOIP technology. This factor is working as a driver for the fibre to the home market growth in Asia Pacific. In addition to this, various countries in the region are taking initiatives to promote market growth. A case in point here is China’s 2016 initiative named “Broadband China.” Through this initiative, country witnessed investments of over 180 billion dollars in infrastructure.

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TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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AI in Fashion Market Listing Product Drawbacks 2028

AI in Fashion Market: Overview

The global market for AI in fashion is expected to witness a stellar growth in coming few years. The market is expected flourish due to emergence of several fashion trends all across the globe. Fashion across the globe keeps on changing at a moment’s notice. It has become incredibly hard to keep a solid track of all the important fashion related activities. This has been a key reason of introducing AI in fashion industry. AI can help identify trends, sort out huge data volumes, and provide actionable insights. Naturally, more and more fashion enterprises are adopting AI to scale up the business operations.

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AI in Fashion Market: Notable Developments

Some of the recent notable developments in the global AI in fashion market are listed below:

  • Google has rolled out a new update for its highly popular Google Lens app. The app has the ability to provide users with similar product suggestions for clothing and other fashion related stuff. The app also provides a style idea feature that allows user to click picture of a clothing item and the results will show how others have bought or worn similar clothing items.
  • Catchroom recently helped Privalia, a fashion ecommerce platform for scaling up their business. Cathcroom provided Privalia with AI-driven visual recognition technology that was able to automatically extract information about the product from their images. The technology also offers an interface to edit or add more attributes of products.

AI in Fashion Market: Drivers and Restraints

A number of factors are responsible for driving the growth of the global AI in fashion market. One of the biggest driving factors for the market growth has been the growing consumer demand to have superior personalized experience. With the help of AI technology, brands and distributors can provide the required customization according to the data insights. Such customization helps in building up the brand value and also creating a strong sense of loyalty among users. Naturally, the growth of the AI in fashion market is surging with this developing trend.

On the other hand, there has also been an increasing demand for inventory management. AI helps in the automation of such tasks. Thus, the market is flourishing with this increasing demand. There are other important driving factors such as increasing influence of social media in the fashion industry across the globe, increasing demand for AI technology to identify upcoming fashion trends and study the consumer behavioral patterns, and increasing adoption of artificial intelligence across major blocks of the overall value chain. Such factors are thus helping to push the development of the global AI in fashion market to newer levels.

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AI in Fashion Market: Geographical Outlook

In terms of geographical segmentation, the global AI in fashion market is divided into five major regional segments. These regions are Asia Pacific, North America, Latin America, Middle East and Africa, and Europe. Currently, the biggest regional segment of the global AI in fashion market is of North America. The region is expected to continue its dominance over the course of the given forecast period of 2018 to 2028. Such dominance of the market is primarily due to the presence of several industry leaders in the region and the early availability and access to latest AI technology.

On the other hand, the region of Asia Pacific is expected show a great promise during this given forecast period. The region is home to two of the fastest developing economies in China and India. These countries possess a huge human resource with decent paying capacity. Naturally, the overall region is expected to offer huge business opportunities for the leading players in the market. Rise of ecommerce brands and retail channels too is helping to push the growth of the AI in fashion market in Asia Pacific region.

Global AI in Fashion Market is segmented as below:

Components

  • Solution
    • Software Tools
    • Platforms
  • Services
    • Training and Consulting
    • System Integration and Testing
    • Support and Maintenance

Applications

  • Product Recommendation
  • Product Search and Discovery
  • Supply Chain Management and Demand Forecasting
  • Creative Designing and Trend Forecasting
  • Customer Relationship Management
  • Virtual Assistants
  • Others (Fraud detection, fabric waste reduction, and price optimization)

Deployment Mode

  • Cloud
  • On-premises

Category

  • Apparel
  • Accessories
  • Footwear
  • Beauty and Cosmetics
  • Jewelry and Watches
  • Others (eyewear, home decor)

End-User

  • Fashion Designers
  • Fashion Stores

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Content Moderation Solutions Market Higher Growth Rate and Forecast – 2028

Global Content Moderation Solutions Market: Overview

Owing to rising need across all industry verticals, content moderation solutions market. Besides, as spend on digital advertising reach a new high in order to make the most of social media and people spending longer duration connected to the web, market will see an upward curve over the forecast period of 2018 and 2028.

The forecast period, thus, would witness an impressive CAGR (Compound Annual Growth Rate), contributing to the rise of market worth and creation of new growth opportunities in the market playfield. It is worth mentioning here that enterprises of all sizes are moving towards an optimum use of social media and the internet in general, boosting growth in the said market.

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Global Content Moderation Solutions Market: Notable Development

The global content moderation solutions market is witnessing developments that are shaping the competitive landscape. Some of the most prominent developments are outlined below. More detailed glimpse can be had in the upcoming report on the market.

2019: Microsoft came up with a new tool. It aids in improving AI in Azure. In azure cognitive services power application, this is a strengthening of product offering. It allows for content moderation, personalizing of content and anomaly detection. And, this in turn helps better decision making.

2019: A service to detect profanity in blogs, memes, forums, children’s site, etc, was launched by WebFurther, LLC. It is called the Optical Character Recognition Profanity Filter Service and it can gather data from videos, images as well as other formats. It is quite popular among the consumer base.

2017: Google came up with new Video Intelligence PI under its AI and machine learning product line for business developers. They can now create applications for extraction of automatic video entities. This contributes largely to Google’s product portfolio strength and popularity of AI based solutions for video data analysis.

The global content moderation solutions market is fragmented and with entry of new players, the competitive landscape is predicted to be more fragmented. Key names in the global content moderation solutions market are Microsoft, Alphabet Inc. (Google), Accenture, IBM Corporation, Appen Limited, Webhelp, Basedo, Alegion, Clarifai, Inc, Cogito Tech LLC, Computyne Business Process Services, Conectys, Europe IT Outsourcing Company, ICUC.Social, Lionbridge Technologies, Inc., LiveWorld Inc., MD SOFTWARE, OneSpace.com, Open Access BPO, Pure Moderation, Two Hat Security, WebFurther, LLC, among others.

Global Content Moderation Solutions Market:  Key trends and driver

The global content moderation solutions market is on a upward growth curve owing to various trends and drivers, prominent among which are spelled out below.

Increase in use of internet is driving business owners to digitize their marketing efforts in a major way. In 2017, about 4 billion users market the internet playfield, across the globe. And, China held the largest chunk of these users – 829 million. As the move to digital from traditional advertising becomes sharp, market would chart high growth statistics. Thus, one sees, rise in number of websites, digital commerce and other forays by market players in a big way.

Social media also plays a role as for many businesses their target audience is glued to these of the platforms, consuming content available here voraciously. This, again is leading to the market onto a high growth curve over the forecast period.

Global Content Moderation Solutions Market:  Regional Analysis

Prominent share of global content moderation solutions market will be held by North America, followed by Europe over the forecast period. It is attributable to high levels of digitization.

The region that will lead the market, however, will be the Asia Pacific (APAC). This growth in the region will be owed to government initiatives towards digitization. Besides, the government is promptly working on building an appropriate infrastructure. The region is also witnessing increase in use of smart phones and internet services.

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The report is segmented as presented below:

On the basis of component:

  • Software
  • services

On the basis of type:

  • Image moderation
  • Text moderation
  • Video moderation
  • Website moderation
  • Profile moderation

On the basis of moderation type:

  • Pre moderation
  • Post moderation
  • Reactive moderation
  • Automated moderation
  • Distributed moderation

On the basis of deployment model

  • Cloud
  • On premise

On the basis of organization size:

  • Large enterprises, small and medium sized enterprises (SMES).

On the basis of end-user

  • IT and telecommunication
  • Media and entertainment
  • Retail and e-commerce
  • Government
  • Banking
  • Financial services and insurance (BFSI)
  • Healthcare
  • Automotive
  • Packaging and labeling
  • Energy and utility

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TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Automatic Train Control Market Evaluation of Industry Trends, Growth Drivers and Forecast To 2028

Global Automatic Train Control Market: Overview

The automatic train control market is rising owing to rise in population and urbanization, innovations targeting passenger convenience, and evolving trend of smart cities. The first share of the package of an automatic train control system is automatic train protection (ATP), in which the train is provided by a limit of movement authority (LMA). This depends on the train’s existing speed, its braking competence, and the further distance covered before it stops. The second share of an automatic train control system is automatic train operation (ATO). ATO performs the driving part of the operation. Going through a train-driving manual, the driver will initially needs to start the train, enables its acceleration to the limited speed, slows it where necessary for speed restrictions, and stops at designated stations in the correct location.

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Global Automatic Train Control Market: Notable Developments

Some of the recent developments that may influence the contours of the automatic train control market in a big way are:

The Westinghouse Rail Systems that is now Siemens is Distance To Go – Radio system mounted on the London Underground’s Victoria Line is the first example of a complete ATP implementation by means of radio-based data bearers in the U.K.
The system depends on fixed block train detection with essential radio data broadcast between the train and each interlocking area. It works with ATO and replaced the induction-based transmission system on line.
Railway ministry of Europe has sanctioned some regulations applicable to train speed like European Rail Traffic Management System/ European Train Control System level 2. The framework will always cross verifies the maximum and actual permissible speed of train.
This system is directly associated to the ground and on-board system devices. Moreover, growing self-governing technology in metro train is also projected to foster the global automatic train control market in the forthcoming year.

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Some of the most prominent competitors operating in the competitive landscape of global automatic train control market include –

Mermec
ADLINK Technology
Kyosan Electric Manufacturing Ltd.
Advantech
Mipro
Global Automatic Train Control Market: Drivers and Restraints

Increased government support in Terms of Funds paves way for New Frontiers

As stated by an analyst of TMR that trains are the comparatively less polluting mode of transportation also across the globe governments are concentrating on improve the train transport systems. The rising government support through providing funds, for the producing of technologically advanced trains, is helping the global automatic train control market significantly. The growing requirement for pollution reduction and growing demand for safety are other essential factors that are driving the global automatic train control market considerably.

High Initial Investments to Hamper Market

With innovations, the future of the global automatic train control market looks bright. Nevertheless, the high initial investments and necessity for regular maintenance may restrain the growth of the global automatic train control market in the coming years. However, the rising uptake of autonomous trains in heavily populated Asian economies, like China and India, is expected to keep the automatic train control market running smooth in the forthcoming years.

Global Automatic Train Control Market: Regional Outlook

On the geographical front, developing economies are experiencing growing potential in the global automatic train control market. In particular, Asia Pacific is projected to lead the automatic train control market in the forthcoming years. This is due to the higher investments for digital transformation, increasing GDP, and rising implementation of new technologies in Asia Pacific nations. Asia Pacific is interested in quickly investing in technological advancements.

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Gamification in Education Market Future Estimations Till 2028

Global Gamification in Education Market: Overview

Learning is no longer about reading books or making notes. In the recent years, people have found innovative ways to teach and learn. One such interesting learning element is introducing gaming in education. In the past few years, the global gamification in education market has gained huge momentum and is predicted to garner more growth in the coming years.

In the global gamification in education market, companies introduce games in the learning process to make education a fun-filled activity. As a result, people enjoy learning and are able to easily learn concepts. It also helps improving learning capabilities and eventually helping companies achieve better results.

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Global Gamification in Education Market: Notable Developments

Some of the notable developments in the global gamification in education market are

  • Top Hat, a leading company in the global gamification in education market entered an enterprise agreement with Indiana University. According to the deal, the company will provide best-in-class services to nearly 114,000 students in the university.
  • In July 2018, MPS acquired its counterparts Tata Interactive Systems (TIS) AG and TIS GmbH. This will allow MPS to expand its marketing and engineering capabilities. As a result, it will be able to cater to the U.S. clientele.
  • In June 2018, NIIT Ltd partnered with Pitney Bowes, according to which the former would provide services like managed training, consulting, vendor management, and demand management.
  • Bunchball Co. announced the launch of a new gamified mobile engagement. It was aimed to enhance mobile based interaction of employees.

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Some of the most prominent competitors operating in the competitive landscape of global gamification in education market include –

  • Bunchball (US)
  • NIIT (India)
  • MPS Interactive (India)
  • Microsoft (US)
  • D2L (Canada)
  • Top Hat (Canada)
  • Classcraft Studios (Canada)
  • Recurrence (US)
  • Fundamentor (India)
  • Cognizant (US)
  • BLUErabbit (Mexico)
  • Google (Grasshopper) (US)
  • Kahoot (Norway)
  • CK-12 (US)
  • Kuato Studios (US)

Global Gamification in Education Market: Key Dynamics

Corporate Employees and Professionals Need to Stay Updated

In the fast developing and evolving world, there is always something new left to learn. It has become important for every person in the corporate or professional world to stay updated with the latest methods of work, technology, and leadership. This forms an important basis for growth in the global gamification in education market.

With packed schedules and high work pressure, it is difficult for professionals to focus on learning new techniques. This way, corporates are introducing fun-filled learning techniques to help employees stay updated and improve their work efficiency. These aspects are predicted to boost growth in the global gamification in education market.

Academic Institutions Shifting from Conventional Teaching Methods

At the same time, universities and schools are shifting from conventional teaching methods to interesting learning aspects. This is being done to keep students excited and help improve learning outcomes. Such interests among academic institutions is expected to promote growth in the global gamification in education market.

Technology to Boost Demand

Technology plays a huge role in aiding growth in the global gamification in education market. With new technology entering the market, the products in the global gamification in education market will also evolve. It will also enable players to cater to the varying requirement of their consumers. Further, easy availability of connected devices like smartphones and easy access to internet are some of the other factors that will support growth in the global gamification in education market.

Global Gamification in Education Market: Regional Outlook

Regionally, North America is believed to hold the highest share in the global gamification in education market. The presence of large number of technology companies that are known to develop products in the global gamification in education market is a primary factor for growth here. Besides, the well-developed internet infrastructure and high levels of literacy are other factors augmenting demand here. Besides North America, Europe will continue to remain important for companies in the global gamification in education market.

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TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends

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IOT in Agriculture Market Real Time Analysis and Forecast – 2028

IOT in Agriculture Market: Overview

Internet of things or IOT is projected to play a considerable role in enhancing the existing agricultural productivity to meet the growing demands for food across the globe. IOT in agriculture market uses IOT-based high-tech technological tools, equipment, solutions, and systems to improve the operational efficacy, minimize the wastage, and maximize the yield. There is a wide range of applications of the IOT in agriculture market that helps them to achieve their production goals.

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IOT in Agriculture Market: Notable Developments

Some of the notable developments in the global IOT in agriculture market are given below:

  • In May 2019, Farmer’s Edge announced that the company has launched a new yield-based nitrogen tool. The tool will help farmers to reach their production goals by offering more control over the key decisions that affects the production of corn.
  • In September 2019, Swim System announced that the company has entered into a new long-term strategic distribution and sales agreement with two Merced-based companies Water and Land Solutions and Central Irrigation.

IOT in Agriculture Market: Drivers and Restraints

There are several factors that are influencing the positive growth of the global IOT in agriculture market. One of the key driving factor for the market growth is the ever increasing demand for food across the globe. This has raised the requirement for mass production and efficient production practices. Technology plays a significant role in achieving both of these objectives. Naturally, there has been growing demand for IOT in agriculture market.

In addition to this, the changes in the climate across the globe is also playing a big role in the overall development of the global IOT in agriculture market. Unfavorable climate changes considerably hamper the production of agriculture across the globe. Due to such drastic weather changes it becomes necessary to deploy IOT-based advanced agricultural techniques to optimize the production of crops.

However, with such drivers, there are some challenges on route to the development. One key restraining factor is the lack of awareness among the farmer community. There are several small-scale agricultural industries that offer solutions at different stages of the value chain. As some of these agricultural processes gain economic feasibility, the development of the global IOT in agriculture market is expected to slow down.

Nonetheless, with growing penetration of smartphones and internet among farmers is expected to raise the needed awareness about the use of IOT in agriculture and thus help in the development of the global market.

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IOT in Agriculture Market: Geographical Outlook

There are five key regions that divide the IOT in agriculture market in terms of geography. These regions are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Of these regions, the global market is currently dominated by the Asia Pacific region and is expected to continue its dominance over the course of the given forecast period of 2018 to 2028. The growth of the Asia Pacific market is due to the presence of emerging economies such as India and China. India in particular is expected to play a big role in the development of the Asia Pacific region. In recent financial budget, substantial amounts of fund were allocated for the development of the agricultural sector and bring in advanced technology for efficient and mass production. This is expected to boost the development of the IOT in agriculture market in India and subsequently in the Asia Pacific region.

Internet of Things (IOT) in Agriculture Key Market Segments:

By System

  • Automation and control systems
  • Sensing and monitoring devices
  • Livestock monitoring Hardware
  • Fish farming hardware
  • Smart greenhouse hardware
  • Software

By Application

  • Precision farming
  • Livestock monitoring
  • Smart greenhouse
  • Fish farm monitoring

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TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Cloud ITSM Market Overview On Product Performance 2028

Global Cloud ITSM Market: Overview

The growth of the global cloud ITSM market is growing on account of advancements in the organizational structure of large MNCs. The advent of next-generation platforms for employee management and information sourcing has necessitated the need for IT platforms.  As companies embrace digital transformations, the need for cloud-based platforms has become indispensable. Moreover, the high reliance of large firms on IT systems and technologies has created a boatload of possibilities for market growth. The unprecedented requirement for managing the complexities of organizations has also given a thrust to market growth. Henceforth, it is safe to expect that the global cloud ITSM market would accumulate large-scale revenues in the years to follow.

A syndicate review by TMR Research (TMR) outlines several key dynamics pertaining to the global cloud ITSM market. The global cloud ITSM market can be segmented on the basis of end-user, application, service-type, and region. On the basis of application, the demand for cloud ITSM for managing hierarchical structures across organizations has aided market growth.

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Global Cloud ITSM Market: Notable Developments

The growth of digitalization across multiple industries has paved way for multiple developments across the global cloud ITSM market.

ServiceNow provides value-added services for cloud ITSM, and has emerged as a key vendor in the market. The agility and speed of cloud ITSM services provided by the company have helped it in attracting a large consumer base. Furthermore, the success stories of the company’s services have played an integral role in its popularity. A number of businesses that previously underscored ServiceNow’s services have now become regular consumers to the company.

The need for developing a strong net of security across large businesses has played to the advantage of the market players. The market vendors are focusing on developing effective cloud-based solutions that can help in garnering the attention of the masses. It is also true that the need for improved monitoring of stored data is an indispensable requirement across large companies.

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Some of the leading vendors in the global cloud ITSM market are:

  • Cherwell Software (US)
  • CA Technologies (US)
  • Ivanti (US)
  • Hornbill (UK)
  • Citrix Systems (US)
  • Axios Systems

Global Cloud ITSM Market: Growth Drivers

  • Rising Incidence of Cyber Attacks

The need for a common portal to access sharable information has necessitated the presence of cloud hosting platforms. There is tremendous demand for securing key assets and information of companies, individuals, and entities. Information stored on hardware devices is at a risk of being lost to cyberattacks and unanticipated system failures. Hence, cloud ITSM has emerged as a panacea for the commercial and industrial sectors. The rapid digitalization of processes within key industries is a key standpoint from the perspective of market growth. Moreover, rising incidence of cyberattacks and intrusions have also driven companies towards the use of cloud ITSM platforms.

  • Business Growth and Corporate Ethics

There is a large playfield of opportunities floating in the global cloud ITSM market. The market vendors are projected to tie up with large business units in order to develop a permanent consumer base. Moreover, the relentless efforts made by government authorities to standardize business processes has also aided market growth. State-level planning authorities have been quick to adopt digital platforms for accelerated integration of key services. Besides, development of databases for analytic testing across business entities has also driven market demand.

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Configuration Management Market Future Innovation Strategies 2028

Global Configuration Management Market: Overview

The demand within the global configuration management market is rising on account of advancements in the domain of product analysis and optimization. Development of a product or system is followed by a rigorous process of optimization to increase the efficiency and life of the system. The need to retain the utility and effectiveness of products has created tremendous demand within the global configuration management market. The field of system engineering has gathered popularity in recent times, and several new lines of optimization have emerged in this field. The relevance of maintaining the performance efficiency of a product or system can be felt across plenitude of industries. Therefore, pragmatic industrial units evaluate the configuration management dynamics of products before buying them.

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TMR Research (TMR) decrypts a wide array of factors pertaining to the growth of the global configuration management market. The global configuration management market can be segmented on the basis of end-use, region, and application. Based on application, the use of configuration management in structural analysis has gathered momentum in recent times. It is integral to understand the wide range of applications for configuration management in order to gauge market growth.

Global Configuration Management Market: Notable Developments

As the requirements of large data-based projects continually change, the need for configuration management platforms is slated to rise.

  • SERVICENOW INC., is an important entity operating in the global configuration management market. The need to understand and decode complex configuration data has been addressed by the company. The success of SERVICENOW INC., in developing configuration management database (CMDB) has helped the company reach the apogee of popularity. The global configuration management market is slated to become the ideal resort for companies looking to develop data repositories.
  • Facebook Hydra has also emerged as an important framework to create Python programs with the help of configuration management platforms. The new development by Facebook has come as a major relief for several companies looking for python-based solutions. Moreover, research projects that require swift adaptation to change can be accomplished with Facebook Hydra.

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Some of the leading players operating across the global configuration management market are:

  • CA Technologies
  • BMC Software
  • Oracle
  • Alibaba Cloud
  • IBM
  • Puppet

Global Configuration Management Market: Growth Drivers

  • Use of Configuration Management in Defense

The design, operations, and requirement of a product are the central ideas behind its effectiveness. In order to optimize the aforementioned aspects, it is integral to institute a robust framework for configuration management. The military industry has emerged as the largest consumer of configuration management tools, and this is a key consideration from the perspective of market growth. The use of high-end systems for reconnaissance and defense across the military industries necessitates the use of configuration management tools. Furthermore, manufacturing of defense technologies is succeeded by an exhaustive process of analysing their physical attributes and information systems.

  • Advancements in Civil Engineering

The application of configuration management in the field of civil engineering has also generated tremendous revenues within the global market. Construction of bridges and canals requires high-level of scrutiny and maintenance even after the completion of projects. Furthermore, the need for building better structures that can withstand various external attacks has also brought configuration management under the spotlight of attention. Industrial engineering has also emerged as a key area within the field of configuration management. The unprecedented demand for retaining the functionality of dams has also generated humongous revenues within the global market.

The global configuration management market can be segmented by:

System

  • Software and Application
  • Storage
  • Server

Module

  • CMDB
  • Service Catalog
  • Service Definition

Component

  • Solution
  • Services

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Security Orchestration Automation and Response Market Qualitative Insights On Application 2028

Global Security Orchestration Automation and Response Market: Overview

The demand within the global security orchestration automation and response is growing on account of advancements in the field of organizational security. The need to protect data and key assets across companies and organizations has played an integral role in the growth of the global security orchestration automation and response market. Furthermore, the growing level of automation across industrial and commercial units has also generated humongous demand within the global market. There is a wide range of possibilities floating in the global security orchestration automation and response market, and security providers can pounce on them. As the organizational structure of companies becomes increasingly complex, the global security orchestration automation and response market is set to grow at a stellar pace.

In a syndicate report added by TMR Research, the analysts decode several factors pertaining to the growth of the global security orchestration automation and response market. The global security orchestration automation and response market can be segmented on the basis of application, type, and region. The use of cloud-based services has gathered momentum in recent times.

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Global Security Orchestration Automation and Response Market: Notable Developments

In the contemporary times, the use of security orchestration automation and response systems to avert minor security threats has become imperative.

  • The security orchestration automation and response systems introduced by Nokia is meant to tackle security challenges associated with IoT and 5G. The distinct platform developed by the company is expected to help several end-users in security their devices and systems. Furthermore, the launch has also generated ripples across the security orchestration automation and response market. Other market vendors are also on the urge to develop cutting-edge and pragmatic solutions for security response.
  • Implementation of the security orchestration automation and response (SOCR) framework is an important consideration for market vendors. Hence, the market players are focusing on offering high-end services that involve training, implementation, and post-purchase assistance.

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Global Security Orchestration Automation and Response Market: Notable Developments

Growing Value of Data Assets to Drive Demand

The unprecedented need to protect the cyber assets of companies from external attacks has generated humongous demand within the global security orchestration automation and response market. Furthermore, the rising number of cyber-attacks and intrusions have put industrial decision makers on their toes. The IT budget of companies and organizations has increased in recent times, and this factor has also aided market growth. The high incidence of software and malware attacks that affect the integrity of operations has generated huge-scale demand within the market.

  • High Vulnerability of Firms to Cyber Attacks

The next decade is expected to witness rapid digital transformation and people are set to embrace new technologies. This trend shall also increase the risk of undue software attacks and data breaches. Therefore, companies and businesses are making extensive efforts to stay wary of the forces that could act as a roadblock to growth.

The use of security orchestration automation and response is a sound measure to avert the rising number of software attacks. Therefore, the total volume of revenues in the global security orchestration automation and response market are projected to touch new heights in the coming times. Despite being a low-level security hack, security orchestration automation and response has emerged as an important component of the overall cybersecurity network.

The global security orchestration automation and response market can be segmented by:

Services

  • Professional Services
  • Managed Services

Deployment

  • On-Premise
  • Cloud

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TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends