Advanced Distribution Management System Market to Experience Huge Growth in the Coming Years

An advanced distribution management system (ADMS) is a software platform capable of optimizing and managing the electric distribution system in an efficient manner. The deployment of ADMS assists utilities in minimizing their outage costs and increases the production efficiency by monitoring and communicating in a real-time environment. The demand for ADMS has increased immensely across the globe,...

Growth of Personal Identity Management Market Backed by the Rising Popularity and Adoption of Cloud

Many organizations rely on Personal Identity Management solutions to secure their enterprise data from identity thefts. Security applications, such as access control and content management, help organizations to define access rights for employees, business partners, and customers, while meeting compliance requirements. There has always been more emphasis on securing industrial sensitive information...

APAC to Offer Huge Growth Opportunities for Automated Fare Collection Market

Rapid developments in technology and transportation system infrastructure have led to the enormous growth of automated fare collection market across the globe. AFC applications are primarily used in buses, railways, parking, and road toll plazas in order to collect fare electronically, thus resulting in faster commuting of passengers. It also provides fully controllable, automated, and centralized...

Real-Time Billing and Pay Per Use Billing Model Is Expected To Gain Traction In The Cloud Billing Market

The cloud billing market size is estimated to grow from USD 5.68 billion in 2016 to USD 16.59 billion by 2021, at an estimated CAGR of 23.9% from 2016 to 2021. The report on the global cloud billing market has been segmented by billing type, provider, application, organization size, industry vertical, and region. The report provides an in-depth analysis of market drivers, restraints, opportunities,...

Increased BYOD Trend Leading Cloud-Based ITSM Market to Soar Higher

Over the past years, cloud computing has been gaining worldwide popularity and enterprise acceptance with Software as a Service (SaaS). Cloud-based solutions are offering great opportunities and services such as quick and flexible delivery of IT-enabled services to the organizations at lower costs, thereby managing and streamlining the workflow. Moreover, they are easy to implement and deploy, and...

Increasing Adoption Rate Leading the Smart Grid Market in APAC to Achieve the Fastest Growth

Smart grid is a highly intelligent automated energy distribution network equipped with advanced ICT solutions, enabling two-way communication between different components involved in generation, transmission, and distribution of energy. MarketsandMarkets expects the global smart grid market to grow from USD 19.8 million in 2016 to USD 65.4 million by 2021, at a Compound Annual Growth Rate (CAGR) of...

APAC to Offer Good Opportunities for Service Delivery Automation Market over the Coming Years

The service delivery automation market is estimated to grow from USD 1.82 billion in 2016 to USD 6.31 billion by 2021, at a CAGR of 28.2%. The major forces driving the service delivery automation market are the need to go agile for faster time-to-service and to replace or compliment manpower with automation to deliver quality services. The emergence of ERP and the increasing popularity of shared device...

Manufacturing Analytics Market Poised for a Huge Growth of 21.9% CAGR in the Next Five Years

Manufacturing analytics is mainly big data analytics structured particularly for manufacturing. It works with systems and factory data to address manufacturing-related difficulties. The manufacturing platform analyzes an extensive variety of data comprehensively to reveal connections between processes and issues that may not be generally evident. MarketsandMarkets forecasts the global manufacturing...

Massive Growth in Data Leading Analytics as a Service Market to Flourish in APAC

The analytics-as-a-service market have shown significant traction and is projected to grow with a high CAGR of 37.6%, and expected to reach USD 23.49 billion by 2021. Increased ability of technologies to process huge workload through cloud, business intelligence maturation, and lower cost of ownership are driving the analytics-as-a-service market growth. The analytics-as-a-service market is projected...

Product Information Management Market Evolving with the Growing Need for Centrally Managed Data among Organizations

Product information management (PIM) solutions, which are in great demand nowadays, help in consolidating and centrally managing all the product data and information onto one single platform. With the increasing complexity and need for maintaining and managing the data efficiently, the organizations are widely adopting PIM solutions. This also helps in ensuring the business continuity and smooth running...