#Advanced Server Energy Monitoring Tools Market analysis

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FTIR Gas Analyser Market Emerging Trends Transforming Environmental Monitoring Solutions

The FTIR gas analyser market is undergoing a significant transformation driven by technological advancements, evolving regulatory landscapes, and the increasing need for precise environmental monitoring. FTIR gas analysers have emerged as vital tools in various sectors such as industrial emissions monitoring, automotive testing, chemical processing, and environmental safety due to their ability to detect and quantify multiple gas components simultaneously and in real-time.

As industries strive to reduce emissions and comply with stringent environmental norms, the demand for advanced gas analysis solutions like FTIR analysers is rising. This article explores the key emerging trends reshaping the FTIR gas analyser market and outlines their implications for stakeholders across industries.

Growing Emphasis on Environmental Regulations

One of the most notable drivers of change in the FTIR gas analyser market is the rising enforcement of environmental regulations globally. Governments and international organizations are tightening emission standards for industrial and automotive sectors to address climate change and air pollution. This is leading to increased adoption of FTIR analysers due to their superior accuracy and ability to continuously monitor a wide range of gases including CO₂, NOx, SO₂, HCl, and VOCs.

Regulatory bodies are also encouraging the deployment of Continuous Emission Monitoring Systems (CEMS), where FTIR technology is a critical component. This trend is likely to continue as more countries adopt green energy policies and sustainable industrial practices.

Technological Advancements and Miniaturization

Recent innovations in FTIR spectroscopy are enhancing analyser capabilities. The development of compact and portable FTIR gas analysers is expanding the application scope beyond traditional industrial settings. These portable solutions are being increasingly used in field inspections, emergency response, and mobile monitoring units.

Improved optical designs, enhanced signal processing algorithms, and integration with digital interfaces have enabled better sensitivity, faster analysis, and real-time data transmission. These features are crucial for time-sensitive monitoring tasks and are driving higher market penetration across new segments.

Integration with IoT and Data Analytics

Another major trend shaping the market is the integration of FTIR gas analysers with IoT (Internet of Things) platforms and cloud-based data management systems. Smart FTIR devices can now transmit data to central servers or cloud systems, allowing remote access, real-time decision-making, and predictive maintenance.

Coupled with advanced data analytics, these systems can offer deep insights into emission patterns, detect anomalies, and optimize process control. This integration significantly reduces operational costs and enhances compliance tracking, which is particularly valuable for large-scale facilities and environmental agencies.

Rise in Demand from Emerging Economies

Emerging economies, particularly in Asia-Pacific, Latin America, and the Middle East, are witnessing growing demand for FTIR gas analysers. Rapid industrialization, urbanization, and rising awareness of air quality issues are prompting governments and businesses in these regions to invest in emission monitoring infrastructure.

China and India, for instance, are deploying more air quality monitoring stations and enforcing stricter pollution control norms. As these countries continue to industrialize, the need for accurate and efficient gas analysis tools will further fuel the growth of the FTIR gas analyser market.

Expansion into Non-Traditional Applications

Traditionally used in industrial and environmental sectors, FTIR gas analysers are now finding applications in healthcare, pharmaceuticals, and food safety. In healthcare, they are used for breath analysis and monitoring of anesthetic gases. In pharmaceuticals, they help in quality assurance during manufacturing. Similarly, the food and beverage industry uses FTIR for detecting contaminants and ensuring product quality.

This diversification of applications is expanding the market potential and encouraging manufacturers to develop application-specific FTIR systems tailored to new industry requirements.

Strategic Collaborations and Product Development

Manufacturers are increasingly focusing on strategic collaborations, partnerships, and R&D investments to enhance their product offerings. These collaborations aim to combine FTIR technology with other gas sensing technologies or analytical tools to provide hybrid, multifunctional systems.

Furthermore, new product launches with enhanced user interfaces, automation features, and multi-gas detection capabilities are becoming common. Companies are also investing in user-friendly software solutions that simplify calibration, diagnostics, and reporting for end users.

Sustainability and Green Technology Trends

With the global shift toward sustainable and eco-friendly technologies, FTIR analysers are being recognized for their non-destructive and reagent-free operation. They do not require chemicals or consumables, reducing operational waste and environmental impact. This aligns well with the sustainability goals of modern industries and further enhances the appeal of FTIR systems.

Conclusion

The FTIR gas analyser market is witnessing robust evolution, spurred by regulatory demands, technological innovation, and expansion into new application areas. As industries prioritize environmental compliance and operational efficiency, FTIR technology is set to play a pivotal role in shaping the future of gas analysis.

By leveraging advances in IoT, data analytics, and portable instrumentation, stakeholders can unlock new efficiencies and ensure regulatory adherence while contributing to a more sustainable and safer environment. The market's future looks promising, with continued innovation and diversification driving long-term growth.

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Cloud Performance Management Market Expansion, Industry Statistics, and Strategic Insights 2032

The Cloud Performance Management Market size was valued at USD 2.00 billion in 2023 and is expected to reach USD 8.25 billion by 2032, with a growing at a CAGR of 17.06% over the forecast period 2024-2032

Cloud Performance Management is revolutionizing IT infrastructure by optimizing cloud resources, ensuring scalability, and enhancing operational efficiency. With businesses migrating to cloud-based solutions, the demand for effective performance management tools is rising rapidly. Companies are increasingly investing in advanced analytics, AI-driven monitoring, and automation to enhance cloud performance and reduce downtime.

Cloud Performance Management Market continues to gain traction as organizations seek to improve service reliability, minimize latency, and ensure seamless cloud operations. The growing complexity of multi-cloud and hybrid environments is pushing enterprises to adopt intelligent monitoring solutions. As cloud adoption accelerates across industries, businesses are prioritizing real-time insights and automation to maximize efficiency.

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Market Keyplayers:

VMware (vRealize Operations, CloudHealth)

HPE (Hewlett Packard Enterprise) (Cloud Optimizer, InfoSight)

Oracle (Oracle Management Cloud, Oracle Cloud Observability and Management Platform)

CA Technologies (Broadcom Inc.) (DX AIOps, App Synthetic Monitor)

Microsoft (Azure Monitor, System Center Operations Manager)

IBM (Instana, Turbonomic)

AppDynamics (Cisco Systems) (AppDynamics Business iQ, Application Performance Monitoring)

Riverbed Technology (SteelCentral, AppResponse)

BMC Software (Helix AIOps, TrueSight)

HR Cloud Inc. (Onboard, Workmates)

Dynatrace (Dynatrace Software Intelligence Platform, Synthetic Monitoring)

NamLabs Technologies Pvt Ltd (Site24x7, ManageEngine Applications Manager)

Citrix Systems Inc. (Citrix ADM, Citrix SD-WAN)

Commvault (Metallic SaaS, HyperScale X)

Lanteria LLC (Performance, HR Portal)

New Relic (New Relic One, APM)

Splunk (Splunk Observability Cloud, IT Service Intelligence)

Datadog (Cloud Monitoring, Log Management)

SolarWinds (Server & Application Monitor, Network Performance Monitor)

PagerDuty (Incident Response, Digital Operations Management)

Market Trends Driving Growth

1. Adoption of AI-Driven Monitoring

AI-powered cloud management tools are improving predictive analytics, enabling businesses to detect and resolve performance issues before they impact operations.

2. Growth of Multi-Cloud and Hybrid Environments

Organizations are diversifying their cloud strategies, requiring robust performance management solutions that ensure seamless integration across multiple cloud platforms.

3. Focus on Real-Time Performance Optimization

Enterprises are leveraging real-time data analytics and automation to proactively manage workloads, optimize cloud resources, and prevent downtime.

4. Rising Demand for Cost-Effective Cloud Solutions

With increasing cloud expenses, businesses are investing in tools that help optimize performance while reducing operational costs through automated resource allocation.

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Market Segmentation:

By Component

Solutions

Services

By Deployment Mode

Public Cloud

Private Cloud

By Enterprise Size

SMEs

Large Enterprises

By Vertical 

Banking, Financial Services, and Insurance

IT and telecom

Government and Public Sector

Manufacturing

Retail and Consumer Goods

Healthcare and Life Sciences

Energy and Utilities

Market Analysis and Current Landscape

Increasing Cloud Adoption: Businesses are shifting from traditional IT infrastructure to cloud-based environments, creating a demand for performance monitoring tools.

Advancements in AI and Automation: Intelligent analytics and automated performance tuning are helping companies optimize cloud workloads efficiently.

Rising Cybersecurity Concerns: Organizations are prioritizing secure and compliant cloud performance management solutions to mitigate risks.

Demand for Scalability: Companies need scalable cloud solutions that adjust dynamically based on real-time demand.

Despite its rapid expansion, the market faces challenges such as integration complexities and the need for skilled professionals to manage cloud performance tools. However, ongoing technological advancements are addressing these concerns, making cloud performance management more accessible and efficient.

Future Prospects: What Lies Ahead?

1. AI-Powered Autonomous Cloud Management

Cloud platforms will increasingly rely on AI and machine learning to automate workload optimization and self-healing cloud environments.

2. Enhanced Edge Computing Performance

With the rise of edge computing, businesses will require advanced cloud performance management solutions to ensure real-time processing efficiency.

3. Increased Adoption of Serverless Computing

Companies will move toward serverless architectures, further driving the need for performance monitoring tools that optimize cloud functions dynamically.

4. Blockchain for Secure Cloud Operations

Blockchain technology is expected to enhance transparency, security, and data integrity in cloud performance management.

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Conclusion

The Cloud Performance Management market is poised for substantial growth as enterprises prioritize efficiency, security, and scalability in cloud computing. Companies investing in AI, automation, and real-time analytics will lead the industry’s evolution. As businesses continue to embrace cloud-first strategies, the demand for intelligent performance management solutions will remain strong, shaping the future of cloud computing.

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What are the 10 latest technology trends

Talking about what are the 10 latest technology trends​, in 2024, innovation is rapidly advancing, reshaping how we live, work, and interact. From groundbreaking developments in AI and robotics to sustainable tech solutions and quantum computing, the latest trends are pushing boundaries across various industries.

What are the 10 latest technology trends

These innovations promise not only enhanced connectivity and smarter automation but also a more eco-conscious approach to tech development. Here’s a look at what are the 10 latest technology trends defining this dynamic year. Generative AI has continued to evolve rapidly, going beyond art and language processing to influencing complex industries like architecture, video game development, and scientific research.

With models capable of generating hyper-realistic content and simulating human-like interactions, businesses are leveraging these tools for unprecedented productivity. Robotics integrated with AI technology is now more sophisticated and adaptive. These machines can learn from their environment and adjust their behaviors accordingly, enabling use cases from autonomous delivery drones to healthcaring robots.

While asking what are the 10 latest technology trends, it is interesting to know that these enhanced AI algorithms make robots more reliable and capable of collaborating seamlessly with humans. While still in the experimental phase, quantum computing is seeing significant and remarkable breakthroughs.

Tech giants and startups alike are racing to create quantum processors that solve problems beyond the reach of classical computers. These advancements could revolutionize cryptography, optimization problems, and complex simulations in fields like material science and pharmacology.

Also on the list of what are the 10 latest technology trends, 5G technology has been a driving force for new developments in the connectivity space, but innovations are already moving towards 6G. Faster speeds and lower latency promise to revolutionize not only mobile networks but also enable better performance for IoT devices, connected cars, and smart cities.

AR and VR technologies are shifting from niche markets to more mainstream applications. The latest trend includes the integration of AR and VR in business meetings, training simulations, and digital twins, virtual replicas of physical entities used for monitoring and analysis. Mixed Reality (MR) is also gaining traction, blending real and digital worlds.

Another on the list of what are the 10 latest technology trends, blockchain technology has found broader applications in fields such as supply chain management, secure data sharing, and digital identity verification. Decentralized finance (DeFi) platforms and non-fungible tokens (NFTs) have also introduced new methods for artists and creators to monetize their work.

Environmental concerns are pushing companies to innovate in green technology. Sustainable data centers, energy-efficient algorithms, and eco-friendly manufacturing practices are at the forefront of tech design. Innovations like carbon capture technology and renewable energy solutions are being developed to reduce carbon footprints.

While reflecting on what are the 10 latest technology trends, the shift from cloud computing to edge computing allows data to be processed closer to its source. This trend significantly reduces latency and enhances real-time applications, such as self-driving cars and remote surgeries. Edge AI, which runs on local devices rather than cloud servers, provides faster responses and heightened data security.

The field of biotechnology is making major strides with CRISPR and other genome-editing tools, enabling scientists to modify genes to treat diseases more effectively. Personalized medicine based on a patient’s genetic makeup is becoming more prevalent, optimizing treatment plans and improving outcomes.

As cyber-attacks grow more sophisticated, cybersecurity strategies are adapting through a distributed approach called cybersecurity mesh architecture (CSMA). This model allows security perimeters to be built around the identity of individuals or devices rather than traditional approaches. This trend enhances flexibility and strengthens defenses against complex, multi-layered attacks.

Technology in 2024 is marked by intelligent automation, enhanced connectivity, and sustainability efforts. These trends continue to reshape industries, impacting how we live, work, and interact with our environment. Whether through the lens of AI, blockchain, or augmented reality, these innovations promise a future that is more interconnected and efficient.

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Cloud-Based Real Estate Software: Why It’s the Future for Dubai's Property Market

Dubai's property market has long been a cornerstone of its thriving economy, driven by innovation, luxury developments, and forward-thinking strategies. As technology continues to shape industries worldwide, the real estate sector in Dubai is no exception. Among the transformative tools available today, cloud-based real estate software stands out as a game-changer for property management, offering unparalleled efficiency, scalability, and cost-effectiveness.

What is Cloud-Based Real Estate Software?

Cloud-based real estate software is a digital solution hosted on remote servers, enabling property managers, agents, and developers to access tools and data via the internet. Unlike traditional on-premise software, which requires extensive hardware and infrastructure, cloud solutions are accessible from anywhere, at any time, using a device connected to the internet.

Key Advantages of Cloud-Based Real Estate Software in Dubai

1. Accessibility and Mobility

Dubai's real estate professionals are often on the move, whether showcasing properties to international investors or managing multiple developments across the city. Cloud-based software ensures seamless access to property data, tenant information, and financial records from any location, enabling real-time decision-making and reducing downtime.

2. Scalability to Match Dubai’s Growing Market

Dubai’s property market is ever-expanding, with new developments and investments reshaping the skyline. Cloud solutions offer unmatched scalability, allowing businesses to add new users, integrate additional functionalities, and handle larger data volumes effortlessly. This adaptability is essential for companies looking to grow without the burden of constant software upgrades.

3. Cost-Effectiveness

Traditional software systems require significant upfront investment in hardware, installation, and maintenance. Cloud-based platforms, on the other hand, operate on a subscription model, reducing initial costs and ongoing expenses. This financial flexibility is particularly beneficial for small and medium-sized property firms in Dubai seeking advanced tools without breaking the bank.

4. Enhanced Data Security

Data security is a top priority in Dubai’s highly competitive real estate market. Cloud-based solutions provide robust security measures, including encryption, regular backups, and compliance with international data protection standards. These features ensure that sensitive property and client data remain safe from cyber threats.

5. Automation and Efficiency

Cloud-based software automates time-consuming tasks such as rent collection, maintenance scheduling, and financial reporting. By streamlining operations, property managers can focus on strategic activities like tenant retention and market expansion, driving overall efficiency.

6. Integration with Smart Technologies

Dubai is a hub for smart city innovations, and cloud-based real estate software can seamlessly integrate with IoT devices, AI-powered analytics, and other cutting-edge technologies. This integration enhances property management by enabling features such as energy monitoring, predictive maintenance, and tenant behavior analysis.

Why Cloud-Based Solutions are Essential for Dubai’s Future

Dubai’s ambition to remain a global leader in real estate innovation aligns perfectly with the adoption of cloud-based solutions. Here are key reasons why this technology is integral to the city’s future:

Support for Remote Work: Post-pandemic, remote work has become a standard practice in many industries. Cloud-based real estate software facilitates seamless collaboration between teams, even when working remotely.

Sustainability Goals: By enabling better energy management and reducing paper-based processes, cloud platforms contribute to Dubai’s sustainability initiatives.

Catering to International Investors: With a large portion of property transactions involving overseas buyers, cloud-based systems allow property managers to provide instant updates and access to documents, enhancing investor confidence and satisfaction.

Choosing the Right Cloud-Based Real Estate Software

When selecting a cloud-based platform for your business in Dubai, consider the following factors:

Customizability: Ensure the software can be tailored to meet your specific business needs.

User-Friendly Interface: A simple and intuitive design reduces the learning curve for your team.

Integration Capabilities: Choose a solution that works well with other tools and technologies you use.

Customer Support: Reliable support services are essential for addressing issues promptly.

Conclusion

Cloud-based Best Real Estate Management Software Dubai represents the future of Dubai’s property market, offering unmatched flexibility, efficiency, and innovation. As the city continues to set global benchmarks in real estate, adopting these advanced tools will empower businesses to stay ahead in a competitive landscape. Whether you’re a property manager, real estate agent, or developer, investing in cloud technology today ensures you’re ready for the challenges and opportunities of tomorrow.

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Embedded AI Market | Future Growth Aspect Analysis to 2030

The Embedded AI Market was valued at USD 8.9 billion in 2023 and will surpass USD 21.5 billion by 2030; growing at a CAGR of 13.5 % during 2024 - 2030.Embedded AI refers to the integration of artificial intelligence algorithms and processing capabilities directly into hardware devices. Unlike traditional AI, which often requires connection to powerful cloud computing systems, embedded AI operates locally on edge devices such as sensors, microcontrollers, or other hardware components. This enables real-time decision-making and data analysis with reduced latency and power consumption.

This convergence of AI and embedded systems is unlocking new possibilities for smarter, autonomous, and responsive devices that can analyze and act upon data instantly without needing to send it to remote servers for processing.

Market Growth and Key Drivers

The global embedded AI market is expanding rapidly, driven by several key factors:

Advancements in Edge Computing

The proliferation of edge computing has played a pivotal role in the growth of embedded AI. Edge devices with built-in AI capabilities are able to process data locally, reducing the need for constant communication with cloud servers. This is particularly crucial for applications requiring immediate decision-making, such as autonomous vehicles, drones, and industrial automation.

Increased Demand for IoT Devices

The Internet of Things (IoT) is a major contributor to the growth of embedded AI. IoT devices are embedded in everyday objects like smart home appliances, wearable devices, and industrial equipment, gathering data in real time. By integrating AI, these devices can offer predictive maintenance, enhanced user experiences, and optimized operational efficiency.

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Enhanced AI Algorithms

AI algorithms have become more efficient and powerful, enabling them to operate in low-power, resource-constrained environments like embedded systems. With advancements in AI frameworks, such as TensorFlow Lite and PyTorch Mobile, the ability to deploy AI models on edge devices is now more accessible than ever.

Industry 4.0 and Smart Manufacturing

Industry 4.0 emphasizes automation, smart factories, and connected machinery. Embedded AI plays a critical role in optimizing processes in manufacturing, such as predictive maintenance, quality control, and energy management. Machines equipped with AI can autonomously monitor their own performance, identify inefficiencies, and make adjustments in real time.

Rise of Autonomous Systems

The push toward autonomous systems, especially in the automotive industry, is driving embedded AI adoption. Self-driving cars, drones, and robots rely on embedded AI to process vast amounts of sensor data, make real-time decisions, and navigate complex environments without human intervention.

Key Sectors Driving Embedded AI Adoption

Automotive Industry

The automotive industry is at the forefront of embedded AI adoption. AI-driven features like autonomous driving, advanced driver-assistance systems (ADAS), and predictive maintenance are all powered by embedded AI systems. These technologies enable cars to analyze real-time road conditions, detect potential hazards, and make instant decisions, enhancing safety and efficiency.

Healthcare

In healthcare, embedded AI is transforming medical devices and diagnostic tools. AI-powered wearables can monitor patients' vital signs in real time, providing healthcare professionals with actionable insights for early diagnosis and personalized treatment plans. Moreover, embedded AI systems in medical imaging devices can assist in detecting diseases like cancer with higher accuracy.

Consumer Electronics

From smart speakers to home security systems, embedded AI is driving innovation in the consumer electronics space. Devices are becoming more intuitive, offering personalized experiences through voice recognition, gesture control, and facial recognition technologies. These AI-driven enhancements have revolutionized how consumers interact with their devices.

Industrial Automation

Embedded AI in industrial automation is enabling smarter, more efficient factories. AI-powered sensors and controllers can optimize production processes, predict equipment failures, and reduce downtime. As industries move toward fully autonomous operations, embedded AI will play an integral role in managing complex industrial systems.

Challenges in the Embedded AI Market

Despite its rapid growth, the embedded AI market faces several challenges. Developing AI algorithms that can operate efficiently in resource-constrained environments is complex. Power consumption, heat generation, and the limited processing capabilities of embedded devices must all be carefully managed. Moreover, there are concerns around data privacy and security, particularly in industries handling sensitive information, such as healthcare and finance.

Another challenge is the lack of standardization across embedded AI platforms, which can hinder widespread adoption. To address this, industry stakeholders are collaborating on developing open standards and frameworks to streamline AI deployment in embedded systems.

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The Future of Embedded AI

The future of embedded AI looks promising, with continued advancements in hardware, AI algorithms, and edge computing technologies. As AI capabilities become more efficient and affordable, their integration into everyday devices will become increasingly ubiquitous. In the coming years, we can expect to see even greater adoption of embedded AI in smart cities, autonomous transportation systems, and advanced robotics.

Moreover, the convergence of 5G technology with embedded AI will further accelerate innovation. With faster, more reliable connectivity, edge devices equipped with AI will be able to process and transmit data more efficiently, unlocking new use cases across various industries.

Conclusion

The embedded AI market is revolutionizing industries by enabling devices to think, analyze, and act autonomously. As the demand for smarter, more responsive technology grows, embedded AI will continue to transform sectors such as automotive, healthcare, industrial automation, and consumer electronics. With its ability to provide real-time insights and decision-making at the edge, embedded AI is set to play a central role in the next wave of technological innovation.

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Global Advanced Server Energy Monitoring Tools Market is envisioned to be amounted at USD 47.2 Billion by 2023 – Research Nester

The advanced server energy monitoring tools market has been segmented by end user into automation, healthcare, corporate, construction, manufacturing, power & energy among others. Among these segments, advancement in automation systems and infrastructural growth across the globe is contributing efficiently to the growing demand for energy equipment. Further, IT business is growing with rapid pace due to technological advancements in IT sector which helps the business to reach the utmost heights with huge amount of data. These factors are envisioned to strengthen the growth of advanced server energy monitoring tools market in upcoming years.

The Global Advanced Server Energy Monitoring Tools Market garnered around USD 22.5 Billion in 2015 and is anticipated to reach USD 47.2 Billion by the end of 2023, expanding at a compound annual growth rate of 14.7% over the period 2016-2023. Factors such as rising penetration of industrial automation and replacement of conventional technology of monitoring with advanced energy monitoring technology combined with growing demand of advanced monitoring and controlling equipment in various end-use industries are some of the major factors which are expected to upsurge the growth of advanced server energy monitoring tools in near future. Further, the fluctuation in business and addition of resources to meet desired goals of business consecutively is increasing the need for energy management in various industries and sectors.

In the regional segment, Asia Pacific is anticipated to be one of the lucrative markets in terms of revenue owing to rapid growth in economy and presence of emerging economies. Further, urbanization and expansion of healthcare sectors and increasing energy prices in the region are some of the factors that are likely to foster the demand for advanced server energy monitoring tools in order to optimize the use of energy resources. On the other hand, Europe and North-America region are expected to contribute the largest revenue share during the forecast period owing to rising penetration of industrial automation and replacement of conventional technology of monitoring with advanced energy monitoring technology. Growing demand for advanced monitoring and controlling equipment in various end-use industries are some of the major factors which are expected to upsurge the growth of advanced server energy monitoring tools in near future.

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Advancement in Technology to reflect Significant Opportunities

Factors such as rising trend of cloud computing, growing need of real-time data analytics, increasing requirement for efficient and consistent information technology platforms for monitoring, controlling and optimization of available energy resources in various end-use industries combined with growing adoption of advanced monitoring tools for energy to elevate the several channels of business are likely to supplement the growth of advanced server energy monitoring tools in near future.  However, high cost of energy monitoring tools might deter the growth of the market in the near future.

The report titled “Advanced Server Energy Monitoring Tools Market: Global Demand Analysis & Opportunity Outlook 2023” delivers detailed overview of the advanced server energy monitoring tools market in terms of market segmentation by component, by end user and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the advanced server energy monitoring tools market which includes company profiling of Siemens, Schneider Electric, Honeywell International, Johnson Controls, General Electric Company, Eaton Corporation, Elster Group and C3 Energy. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the advanced server energy monitoring tools market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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About Research Nester:

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

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The advanced server energy monitoring tools market has been segmented by end user into automation, healthcare, corporate, construction, manufacturing, power & energy among others. Among these segments, advancement in automation systems and infrastructural growth across the globe is contributing efficiently to the growing demand for energy equipment. Further, IT business is growing with rapid pace due to technological advancements in IT sector which helps the business to reach the utmost heights with huge amount of data. These factors are envisioned to strengthen the growth of advanced server energy monitoring tools market in upcoming years.

The global market for advanced server energy monitoring tools garnered around USD 22.5 Billion in 2015 and is anticipated to reach USD 47.2 Billion by the end of 2023, expanding at a compound annual growth rate of 14.7% over the period 2016-2023. Factors such as rising penetration of industrial automation and replacement of conventional technology of monitoring with advanced energy monitoring technology combined with growing demand of advanced monitoring and controlling equipment in various end-use industries are some of the major factors which are expected to upsurge the growth of advanced server energy monitoring tools in near future. Further, the fluctuation in business and addition of resources to meet desired goals of business consecutively is increasing the need for energy management in various industries and sectors.

Download Sample of This Strategic Report @ https://www.researchnester.com/sample-request-226

In the regional segment, Asia Pacific is anticipated to be one of the lucrative markets in terms of revenue owing to rapid growth in economy and presence of emerging economies. Further, urbanization and expansion of healthcare sectors and increasing energy prices in the region are some of the factors that are likely to foster the demand for advanced server energy monitoring tools in order to optimize the use of energy resources. On the other hand, Europe and North-America region are expected to contribute the largest revenue share during the forecast period owing to rising penetration of industrial automation and replacement of conventional technology of monitoring with advanced energy monitoring technology. Growing demand for advanced monitoring and controlling equipment in various end-use industries are some of the major factors which are expected to upsurge the growth of advanced server energy monitoring tools in near future.   

Advancement in Technology to reflect Significant Opportunities Factors such as rising trend of cloud computing, growing need of real-time data analytics, increasing requirement for efficient and consistent information technology platforms for monitoring, controlling and optimization of available energy resources in various end-use industries combined with growing adoption of advanced monitoring tools for energy to elevate the several channels of business are likely to supplement the growth of advanced server energy monitoring tools in near future. 

However, high cost of energy monitoring tools might deter the growth of the market in the near future.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the advanced server energy monitoring tools market which includes company profiling of Siemens, Schneider Electric, Honeywell International, Johnson Controls, General Electric Company, Eaton Corporation, Elster Group and C3 Energy.

The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the advanced server energy monitoring tools market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Research Nester is a one-stop service provider, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives to make wise decisions for their future investment and expansion by providing them qualitative market insights and strategies while avoiding future uncertainties. We believe in honesty and sheer hard work that we trust is reflected in our work ethics. Our vision is not just limited to gain the trust of our clients but also to be equally respected by our employees and being appreciated by the competitors.

For more information, please contact: AJ Daniel Research Nester Email: info@researchnester.com Tel: +1-6465869123

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Network Monitoring Market Growth, Status and Forecast by 2027

The Field of Network Monitoring, a crucial component of the present IT infrastructure, is anticipated to witness a breakthrough shift in the forthcoming years. As networks continue to evolve and expand swiftly with growing advancements and complexities, the need for monitoring stands critical for businesses across the globe to mitigate server downtimes and network failures and enhance productivity.

Network monitoring software help analyze the performance in real-time, i.e., they send an immediate alert in case of any network failure enabling one to take instant corrective action while minimizing potential downtime

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It is a proactive approach that eliminates the need for manual checks and physical system administrator and helps determine the exact problem areas of a network, saving a lot on company time and expenses. The reports generated from this software support enterprises to identify the trends and patterns in the system performance and document the necessity for any upgrade or replacements.

This could be due to the countless product benefits like network visibility, maintaining compliance, preventing downtime, quickly finding and fixing issues, uncovering security threats, capacity planning, etc.

In the last few years, there has been a substantial rise in internet users across the globe. This could be attributed to the surging digitalization, increasing smartphone penetration, and rapid prevalence of social media and online gaming trends. The sudden onset of the COVID-19 pandemic has further contributed to the numbers due to the integration of remote working and e-learning culture following the stringent social distancing norms across several economies. As per new estimates by the International Telecommunication Union, the number of internet users across the globe surged to 4.9 billion in 2021.

Remote working exposes the company networks due to increasing system access and poses severe security risks. This is why network monitoring is so crucial; it helps meet the enterprise requirements for reliable and robust tools to monitor IP assets and optimize the required speed.

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Increasing adoption of 1 and 10 Gbps ethernet across enterprises and metropolitan networks to offer two-layer networking for mere high-speed applications in the data center or server room has significantly improved the segment growth over the last few years.

10 Gbps data ethernet helps prevent data bottlenecks by enabling efficient data transfer and storage solutions. It is also a convenient alternative if the company plans to expand its server capabilities. Moreover, high bandwidth has gained a lot of traction given its unparalleled speed and reliable security.

The network monitoring industry has witnessed several innovations over the years as a result of increasing focus by the industry players to foster trade associations and keep up with the rising consumer demand.

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Below are a couple of instances illustrating this trend:

•    In February recently, Telstra announced its collaboration with Intellihub with its AU$100 million deal to outfit the latter's smart meters with IoT sims. The partnership will benefit Intellihub and its customers to control energy demand more efficiently and deliver a real-time understanding of the energy network.

•    In the same month, Cynamics launched a cloud NDR offering, terminating network visibility obstacles by bolstering network monitoring, prediction, and detection capabilities across any hybrid-cloud or cloud-native atmospheres into a single-pane view adapting to deviating requirements of contemporary organizations.

Key participants contributing towards network monitoring market growth include Accedian Networks, Inc., Apcon, Inc., AppNeta, Inc., Arista Networks, Inc., Broadcom, Inc., Cisco Systems, Inc

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Cloud Services Brokerage Market Size Outlook, Share Value, Global Growth Drivers and Industry Forecast to 2027

Market Overview

Market Research Future (MRFR) reveals in its latest study that the cloud services brokerage market 2020 can advance at a rate of 16.4% from 2019 to 2024 (review period). The study also confirms that the market can expand to a size of USD 14.83 billion by 2024. We will provide covid-19 impact analysis with the report, offering an extensive market evaluation post the coronavirus disease outbreak.

Key Drivers and Top Barriers

The novel coronavirus has compelled a huge number of IT enterprises to take up the work from home model after the imposition of the lockdown across nations. The situation has boosted the demand for cloud services across the world; with digital tool providers such as Zoom and Microsoft observing significant uptick in the deployment across Italy, the US and China due to the SARS-CoV-2 outbreak. As a result, experts believe that the demand for cloud services as well as the expenditure on communications equipment, telecom services and specialized software can boom during these uncertain times. The pandemic has also led to higher spending on those working remotely along with the educators with the surge in the work from home model and online courses trending across the education industry.

With the dearth in on-site IT professionals due to the lockdown, companies are progressively adopting cloud capabilities to maintain, monitor and check their storage and server installations within the data centers. Therefore, the COVID-19 has enhanced the use of cloud services to facilitate disaster-averse and stronger systems that are accessible to the remote workforce while safeguarding the data integrity. In a nutshell, the surge in the deployment of multi-cloud management and hybrid IT can be a major booster in the cloud services brokerage market. Also, following the COVID-19 impact on the IT sector, the increasing requirement for cost-effective and better quality brokerage solutions can benefit the worldwide market.

Most of the leading competitors prefer product development and partnerships to solidify their market position, while catering to the companies across different verticals. To illustrate, in June 2020, Trustology, a Crypto custody solutions provider entered a partnership with GCEX, an OTC broker to develop a secure and reliant liquidity network for digital asset trading, to meet with the demands of their client base that includes high-net-worth professionals, brokers and institutional investors. The partnership is expected to enable the clients to finish various transactions quickly, but with better security.

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Market Segmentation

The Cloud Services Broker Market has been considered for service, platform, organization size, deployment and vertical.

The services-based sections are training and consulting, security and compliance, workload management, support and maintenance, reporting and analytics, catalog management and operations management.

The platforms studied in the report are external brokerage enablement as well as internal brokerage enablement.

The ranges of the organization size covered in the market study include small- and medium-sized enterprise/SME along with large enterprise.

The deployment models examined in the research are private cloud, hybrid cloud and public cloud.

The vertical-dependent market segmentation comprises BFSI/banking, financial services, and insurance, media and entertainment, manufacturing, healthcare and life sciences, energy and utilities, retail and consumer goods, government and public sector, IT and telecommunication, and more.

Regional Insight

The geographical dissection of the CSB market covers South America, Europe, North America, APAC/Asia Pacific and the Middle East and Africa/MEA.

MRFR’s evaluations confirm that North America is the highest revenue generating market, as a result of the increasing adoption of CSB solutions among enterprises in line with the rising use of multi-cloud and hybrid IT management solutions. The regional market is headed by the US, given the country’s lead in the technological world as well as the high prevalence of the cloud technology. Also, the surge in mobile workforce post COVID-19 outbreak along with the mounting demand for disaster security and recovery to prevent high costs related to network downtime can boost the uptake of cloud managed services and ultimately cloud services brokerage solutions in the region.

Europe can be the second biggest gainer in the global market, thanks to the high demand for Software-as-a-Service (SaaS), Platform as a Service (PaaS), Infrastructure-as-a-Service (IaaS), and pay-as-you-go pricing model.

The APAC market is presumed to attain the fastest expansion rate in the ensuing years, mostly due to the escalating number of IT start-ups in India and China. Also, with the accelerated consumption of cloud-based services and solutions, the regional market can demonstrate strong growth over the next few years. The vast investments on the development of the telecom infrastructure and the focus on offering better bandwidth to the consumers also induces growth of the cloud services brokerage market in the region.

Top Contenders

Some of the top contenders in the cloud services brokerage industry include Atos (France), NEC Corporation (Japan), BT (UK), Infosys (India), Arrow Electronics (US), IBM Corporation (US), ActivePlatform (US), Wipro (India), DXC Technology (US), CloudFX (Singapore), Fujitsu (Japan), Cognizant (US), BitTitan (US), Accenture (Ireland), Capgemini (France), and more.

Some more competitors in the global industry are identified as Progressive Infotech (India), Neostratus Zrt (Hungary), CLOUDREACH (UK), Pax8 (US), Tech Mahindra (India), Proximitum (UK), NTT DATA (Japan), to name a few.

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Table Of Contents

1. EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Cloud Service Brokerage Market, By Service

1.1.2. Global Cloud Service Brokerage Market, By Deployment

1.1.3. Global Cloud Service Brokerage Market, By Organization Size

1.1.4. Global Cloud Service Brokerage Market, By Platform

1.1.5. Global Cloud Service Brokerage Market, By Vertical

1.1.6. Cloud Service Brokerage Market, By Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope Of The Study

2.3. Market Structure

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List Of Assumptions

….

14. COMPANY PROFILES

14.1. Accenture

14.1.1. Company Overview

14.1.2. Financial Overview

14.1.3. Products Offerings

14.1.4. Key Developments

14.1.5. SWOT Analysis

14.1.6. Key Strategies

14.2. Atos

14.2.1. Company Overview

14.2.2. Financial Overview

14.2.3. Products Offerings

14.2.4. Key Developments

14.2.5. SWOT Analysis

14.2.6. Key Strategies

14.3. BT

14.3.1. Company Overview

14.3.2. Financial Overview

14.3.3. Products Offerings

14.3.4. Key Developments

14.3.5. SWOT Analysis

14.3.6. Key Strategies

14.4. Capgemini

14.4.1. Company Overview

14.4.2. Financial Overview

14.4.3. Products Offerings

14.4.4. Key Developments

14.4.5. SWOT Analysis

14.4.6. Key Strategies

14.5. Cognizant

14.5.1. Company Overview

14.5.2. Financial Overview

14.5.3. Products Offerings

14.5.4. Key Developments

14.5.5. SWOT Analysis

14.5.6. Key Strategies

14.6. DXC Technology

14.6.1. Company Overview

14.6.2. Financial Overview

14.6.3. Products Offerings

14.6.4. Key Developments

14.6.5. SWOT Analysis

14.6.6. Key Strategies

14.7. Fujitsu

….

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At Market Research Future (MRFR), we enable our clients to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Solutions, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact

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Pune – 411028

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Edge Computing Market Insights, Key Players, Research Overview and Size Estimation To 2027

SUMMERY:

Market Research Future published a research report on “Edge Computing Market Research Report- Global Forecast 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.

Edge Computing Market Overview:

Market Research Future (MRFR), in its latest the global edge computing market value can touch USD 22,453.9 Mn by 2024. MRFR predicted that the edge computing market can register at 28.4% CAGR across the assessment period 2018 to 2024. The rapid proliferation of Internet of Things (IoT) can impel the expansion of the market. The increased security concerns at public areas can drive the market growth. The rise in IoT trend and the high demand can impel the expansion of the market in years to come.

 The rise in initiatives for digital transformation can prompt the expansion of the market in the years to come. The high adoption of IoT solutions by organizations can prompt the expansion of the Edge Computing Market. The increase high the use of computing connected mobile devices and IoT enabled organizations to collect volumes of data and store at the repository can favor the edge computing market. In addition, the rise in the need to store, process, and analyze data to achieve specific tasks can fuel the rise of the edge computing market.

 The edge computing favor processing of power and data storage with the application of artificial intelligence. The rise in the need for faster response across time and real-time data can impel the expansion of the market. The rise in need for resilient data communication can aid in the edge computing due to data communication paths over centralized network that can provide business continuity. Thus, can favor the expansion of the market in the years to come.

 The outbreak of the Coronavirus (COVID-19) has caused a lot of hardship across the world. The majority of the global population is struggling with the effects of the COVID-19 outbreak on public health, the economy, and society at large. During the COVID-19 pandemic, edge computing and edge data centers are playing a vital role in delivering cached content and cloud computing resources across the globe. Edge computing is proving to be a life-saving technology for the healthcare industry due to the various IoT medical applications that it provides. These telemedicine programs, diagnostic devices, and software applications allow medical professionals to quickly reach the patients by using the patients’ data. The benefits of edge computing have become more apparent during the COVID-19 pandemic. The worldwide lockdown has compelled businesses to move towards digitalization for the provision of work from home facilities to their employees. This has boosted the use of edge servers that are being deployed by the key players in the market, including Amazon Web Services and Microsoft. The impact of the COVID-19 pandemic is significantly driving the demand for edge computing as the leading technology companies are integrating automation and intelligence into their businesses using the edge computing technology.

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 Major Key Players:

MRFR recognized some reputed marketers of the world edge computing market. They are; General Electric Company, Amazon, Inc., Intel Corporation, Microsoft Corporation, SAP SE, Schneider Electric SE, Alphabet Inc., IBM Corporation, ADLINK Technology Inc., Huawei Technologies Co. Ltd., eInfochips, EdgeConnex Inc., Integrated Device Technology, Inc., Fujitsu Ltd, Siemens AG, The Hewlett Packard Enterprise Company, ZenLayer Inc., Rittal GmbH & Co. KG, ABB Ltd, Yokogawa Electric Corporation, and Advanced Micro Devices, Inc. The report details factors that can impact the market.

 Market Segmentation:

·        The edge computing market segment study is based on technology, deployment, application, and vertical.

·        The technology based segments of the market are fog computing and mobile edge computing. The deployment based segments of the edge computing market are on-premise and cloud. The component based segment of the edge computing market are solutions, hardware, and software.

·        The application based segments of the market are analytics, IoT, data caching, augmented reality, environment monitoring, location services, and others.

·        The vertical based segments of the edge computing market are healthcare, manufacturing, transportation, energy & utilities, IT & telecommunication, semiconductor, government, hospitality, retail, education, and others.

 Regional Analysis:

In current times, North America edge computing market can secure the prime position in the global market. The rise in the growing adoption of edge computing due to its benefits, such as reduced latency and high scalability, along with the implementation of data processing solution at the edge network can boost the regional market in the years to come.

 In North America, the US is expected to head the regional market with the largest share due to the rise in the adoption of edge computing solutions across automotive, surveillance, education, and healthcare sectors. In Europe, the increased adoption of edge computing solutions across France, the UK, Germany, Sweden, Spain, Italy, and the rest of EU can prompt the regional market. In Asia Pacific, the edge computing market is likely to rise due to the need for effective computing solutions.

 Table of Contents

1. Executive Summary

2.1 Definition

2.2 Scope of The Study

2.3 List of Assumptions

2.4 Market Structure

3. Market Insight

4.1 Research Process

4.2 Primary Research

4.3 Secondary Research

4.4 Market Size Estimation

4.5 Data Collection Tools

4.6 Market Size Estimation – Top-Down & Bottom-Up Approach

4.7 Forecast Model

Continued….

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 List of Table

Table 1 Market Synopsis

Table 2 List of Assumptions

Table 3 Global Edge Computing Market, By Technology, 2018–2023 (Usd Million)

Table 4 Global Edge Computing Market, By Deployment, 2018–2023 (Usd Million)

Table 5 Global Edge Computing Market, By Component, 2018–2023 (Usd Million)

Continued….

 List of Figure

Figure 1 Global Edge Computing Market: Market Structure

Figure 2 North America Market Size & Market Share by Country (2017 Vs 2023)

Figure 3 Europe Market Size & Market Share by Country (2017 Vs 2023)

Figure 4 Asia Pacific & Market Share by Country (2017 Vs 2023)

Figure 5 Rest of The World Market Size & Market Share by Country (2017 Vs 2023)

Continued….

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 Contact:

Market Research Future

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Pune - 411028

Maharashtra, India

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Email:

sales@marketresearchfuture.com

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Cloud Security Market Size, Industry Share and Growth Rate 2027

The global cloud security market size is projected to reach USD 1,545.6 million by the end of 2027. Recent technological advances in tools that allow integration of real-time cloud platforms will have a positive impact on market growth. According to a report published by Fortune Business Insights, titled “Cloud Security Market Size, Share & COVID-19 Impact Analysis, By Application (Identity and Access Management, Email and Web Security, Data Encryption and Prevention, Threat Intelligence, Monitoring and Prevention, and Others), By Security Type (Workload Security, Network Security, Platform Security, Application Security, EndPoint Security, and Others), By Enterprise (Large Enterprises, SMEs), By Deployment (Public, Hybrid, Private), By End-User (IT and Telecom, BFSI, Healthcare and Life Sciences, Manufacturing, Retail, Government, Energy and Utilities, Others), and Regional Forecast, 2020-2027,” the market was worth USD 578.4 million in 2019 and will exhibit a CAGR of 13.2% during the forecast period 2020-2027.

Cloud security is essential for securing any form of data that is either transferred through cloud gateways or stored on cloud platforms. Accounting to the increasing adoption of cloud servers across the world, there is a subsequent need for efficient security tools. The increasing internet penetration has had a huge impact on the growth of the overall cloud security market in recent years and recent technological advances will give the platform for vendors across the world. The availability of low cost as well as free cloud platforms has contributed to the growing adoption in several countries across the world. The increasing investments in security and reliability of data transmission over clouds will bode well for the growth of the global market in the foreseeable future.

Surge in Product Demand During the Covid-19 Pandemic will Emerge in Favor of Market Growth

The recent coronavirus outbreak has had a daunting impact on several industries across the world. With most companies suffering economically, the efforts taken to curb the spread of the disease will add to the woes. Having said that, it has been a contrasting case for online vendors. As most companies are looking to operate through online platforms, the demand for cloud tools has gone up significantly in the past few months. The increasing adoption of cloud platforms will subsequently create several growth opportunities for the companies operating in the global cloud security market in the coming years.

List of companies profiled in the report:

• Microsoft Corporation (Washington, United States)

• CISCO SYSTEMS, INC. (California, United States)

• IBM Corporation (New York, United States)

• Palo Alto Networks, Inc. (California, United States)

• Broadcom Inc. (California, United States)

• VMware, Inc. (California, United States)

• QUALYS, INC. (California, United States)

• Trend Micro Incorporated (Tokyo, Japan)

• ZSCALER, INC. (California, United States)

• Check Point Software Technologies (Tel Aviv-Yafo, Israel)

• Proofpoint Inc. (California, United States)

• Cloudflare, Inc. (California, United States)

• Fortinet, Inc. (California, United States)

• Foreseeti (Stockholm, Sweden)

• McAfee, Inc. (California, United States)

• Sophos Ltd. (Abingdon, United Kingdom)

• Panda Security (Bilbao, Spain)

• Bitglass, Inc. (California, United States)

• Imperva (California, United States)

• Aqua Security Software Ltd. (Ramat Gan, Israel)

• Barracuda Networks, Inc. (California, United States)

North America to Emerge Dominant in the Global Market; Massive R&D Spending has Yielded Several Innovative Software Products

The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America is projected to emerge dominant in the coming years. The high capital expenditures in the regional IT sector have created a huge platform for the companies operating in this region. The increasing investments in R&D of software based products have resulted in an increased adoption of cloud-based platforms. Additionally, the presence of several IT companies, especially in the United States, will also contribute to the growth of the regional market. As of 2019, the market in North America was worth USD 188.3 million and this value is projected to rise at a considerable pace in the coming years.

[markettrendus]

Global Advanced Server Energy Monitoring Tools Market Study Applications, Types and Market Analysis including Growth, Trends and Forecasts to 2026

Global Advanced Server Energy Monitoring Tools Market Study Applications, Types and Market Analysis including Growth, Trends and Forecasts to 2026

The Global Advanced Server Energy Monitoring Tools Market Report provides a detailed research of market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global Advanced Server Energy Monitoring Tools market players, value chain optimization, trade regulations, recent developments, opportunities…

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IT Asset Management Software Market Demands and Growth Prediction to 2023

Market Highlights

According to Market Research Future (MRFR), an eminent research firm the global IT asset management software market is poised to touch a valuation of USD 3 BN by 2023, registering around 8% CAGR throughout the review period (2017-2023).  There is a potential scope for ITAM software solutions to evolve further ahead of maintaining static inventory spreadsheets to empower IT departments to self-sufficiently manage the whole IT gamut effortlessly.

Asset management is essential for an organization to maintain its cost of purchases of assets and to monitor their asset usage. The major factor that helps in the growth of IT asset management software market is the need for improving the productivity of the organization by deploying the technology to meet business needs.

Over the past couple of years, the IT asset management software market is growing briskly; mainly due to the increasing competition in the cloud computing space. This competition is further encouraging the development of advanced ITAM software solutions. Moreover, the continually increasing number of businesses escalates the market on the global platform, increasing the uptake of ITAMs across the sectors.

Additional factors driving the growth of the ITAM software market include the shift of IT sectors towards the centralized automation of IT infrastructure and the augmenting demand for faster and secure storage devices.  This shift of IT industry is led by the evolving Cloud intervention that has initially changed the mode of operation in the sector.

IT Asset Management Software Market – Regional Analysis

On the basis of geography, the market is studied for North America, Europe, Asia Pacific, and rest of the world. Among the regions mentioned above, at present, the market is highly dominated by North America due to the high investment in technology, catering the need of lifecycle management of complex software, and strict laws and regulations. These encourage the enterprises to adopt technology to reduce variable cost of purchases and also maintain l balance by having a record of demand and supply.

On the other hand, Asia Pacific is expected to show the highest growth in the market. This is due to the emergence of organizations in manufacturing, software development wherein there is a need for monitoring the assets of the enterprises that are being deployed on a higher scale. In addition to the substantial presence of industries, the region has seen an increase in the adoption of cloud services. The manufacturers in Asia Pacific are becoming more and more advanced by deploying newer technologies to monitor and improve their efficiency.

IT Asset Management Software Market – Segments

For a better understanding, the report has been segmented into six key dynamics:

By Component: Hardware, Software, and Services

By Deployment: On-cloud, On-premise, and Hybrid.

By Tools: On the basis of tools, the market is segmented into Discovery/Automated Inventory, License Management, Patch & Version Management, Request Management, Product/Service Catalog, and Digital Asset Management among others.

By Organization Size:  Small & Medium Enterprises (SME’s) and Large Enterprises.

By End-user: BFSI, Retail, Aerospace & Defense, IT & Telecom, Energy & Power, and Automotive & Transportation among others

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

IT Asset Management Software Market – Competitive Analysis

Highly competitive, the IT asset management software market appears fragmented due to the presence of many well-established players. These players incorporate strategic initiatives such as collaboration, acquisition, partnership, expansion, and technology launch to gain a competitive advantage and thus to save their positions in the market.

They strive to develop software solutions that can deliver a suite of applications to help address the needs of IT departments. Incorporating time-tested methodologies and best practices, these players bring together disparate point systems into a security-rich, integrated environment that addresses resource planning, user experience, and asset management.

Major Players

Players leading the global IT asset management software market include BMC Software (US), Freshworks Inc. (US), SysAid Technologies Ltd (Israel), Asset Panda (US), ServiceNow, Inc (US), Samanage Ltd (US), Wasp Barcode Technologies (US), Microsoft Corporation (US), Symantec Corporation (US), Dell, Inc (US), Ivanti (US), GRAGA Software Solutions Pty Ltd (Australia), Spiceworks Inc. (US), xAssets (U.K), CGI Group Inc (Canada), Dude Solutions Inc (US), Summit Software Pty Ltd (Australia), eMaint (US), Infor (US), IFS AB (Sweden), IBM Corporation (US), Oracle Corporation (US), HP, Inc (US),  Landesk Software (US), and CA Technologies (US), among others.

Industry/Innovation/Related News:

June 24, 2019 --- REI (the US), a leading global vertically integrated engineering and manufacturing company, launched new service to streamline data and asset management - ARMOR Cloud service. Intended for use by small- and large-fleet transportation customers, ARMOR Cloud service can handle customers’ server management responsibilities.  The new services feature REI’s ARMOR Software Suite, an all-in-one wireless solution for fleet management.

Traditionally, ARMOR is installed on customers’ on-premises servers and managed by their respective IT staffs. However, many companies have minimal IT staffs or no IT personnel at all. Implementation of ARMOR Cloud service can allow transportation companies of any size to reap the benefits for remote ARMOR server management services.

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