Video Management Software Play Key Role in Surveillance Systems

San Francisco, California, May 12, 2017: The report, titled “Video Management Software (VMS) Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025” sheds light on the chief catalysts, deterrents, growth opportunities, and trends prevailing in the market. The key players in the Video Management Software (VMS) Market have been assessed in detail, alongside Porter’s Five Force Analysis to determine the nature of competition among them.

Being an integral part of every surveillance system, video management software assists in the management of camera and recording settings, setting alerts when tampered, and enables viewing of multiple camera feeds. Video management software can not only review but also analyze the recorded videos. This software is capable of tracking the movements of the customers and detecting suspicious activities, at the same time providing real-time information.

These advantages make the software particularly useful for security, inspection, and safety purposes. A number of electronic devices such as Internet Protocol (IP) network cameras and closed-circuit Television (CCTV) cameras have been leveraging this technology. As a result, the global demand for video management software is expected to augment over the forecast years.

Third-party integration with digital business systems, growing popularity of video surveillance across a variety of applications, and alarming rise in security concerns over the globe have been aiding the growth of the global market for video management software. The ease of installation of video management software is one of the primary growth drivers of the global market for video management software.

By application, the global market for video management software can be segmented into video intelligence, custom application management, storage management, advanced video management, security management, intelligent streaming, data integration, and navigation management. By end user, the global market for video management software can be segmented into retail, government, transportation, sport stadiums, and banking, financial services, and insurance (BFSI).

Based on technology, the market can be broadly segmented into IP-based VMS and analog-based VMS. Of these, the IP-based segment is likely to emerge at the fore. The growth of this segment can be attributed to their relatively lower costs, variety of features, superior scalability, and high image resolution.

By geography, the global market for video management software can be segmented into Asia Pacific, Latin America, Europe, North America, and the Middle East and Africa. Asia Pacific is swarming with a wide expanse of growth opportunities, thanks to the fast-growing economies such as India and China. As the number of smart city projects in the region are increasing, there has been a growing need for intelligent transportation systems, which need video management software.

Verint Systems, On-Net Surveillance Systems Inc., AxxonSoft, Exacq Technologies, Aimetis Corporation, Milestone Systems, 3VR, Genetec, March Networks, and Salient Systems are some of the major companies operating in the global market for video management software (VMS).

Field Service Management Fueled by Advances in Automation Technologies

San Francisco, California, May 12, 2017: A new market research report by TMR Research presents a comprehensive overview of the field service management market. The report is titled “Field Service Management Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017–2025.” The research analysis provides insights into the key drivers and restraints, notable trends, emerging opportunities, and competitive landscape.

The research report offers an in-depth analysis of the product portfolio of major vendors and assesses recent technology advancements impacting adoption of field service management across various industries. The research evaluates the key industry initiatives toward integration of various products with big data analytics and connected technologies. The study takes a closer look at prominent developments in the cloud-based delivery model and IoT.

The market for field service management (FSM) is primarily driven by advances in automation technologies and innovative delivery models. The growing demand for real-time collaboration among mobile-based workforce has propelled the FSM market. The soaring demand for operational efficiency and cost-optimization across various industries is expected to boost the FSM market. FSM solutions are witnessing substantial uptake in areas such as the waste management, public sector transportation, telecommunications, gas utilities, healthcare, heating, ventilation and air conditioning (HVAC) industries. The rising demand for predictive maintenance in these industries has fuelled the demand for FSM solutions.

Various efforts aimed at integration of FSM solutions with big data analytics, the advent of scalable solutions, and recent advancements in sensor technologies are expected to propel the market. The lack of proper integration with back-end systems among a number of companies has negatively affected the implementation of FSM solutions, thereby hindering the market to an extent. The growing adoption of cost-effective cloud computing models such as software-as-a-service (SaaS), especially among small and medium scale enterprises, is expected to open up abundant opportunities for vendors and developers in the FSM market. Furthermore, the increased integration of FSM solutions with ERP software is likely to catalyze the market growth.

The Asia Pacific market for field service management is expected to provide ample opportunities for providers of field service management solutions. The impressive growth of the regional market is attributed to the rising demand for FSM solutions across various emerging regions. In addition, the soaring popularity of cloud-based models in developed countries, such as Singapore, is expected to boost the regional market. North America, led by the U.S., is a prominent market for field service management solutions. The regional market is mainly driven by constant product innovations and steady adoption of cloud-based service models for FSM solution.

Several providers are constantly offering scalable and flexible FSM solutions to gain a competitive edge over others. Leading players are actively marketing their offerings on various cloud computing models in order to consolidate their market shares. Some of the top companies operating in the field service management market are Oracle Corporation, SAP SE, Microsoft Corporation, Infor, IFS AB, IBM, Servicepower Technologies plc, Astea International, Inc., and ServiceMax.

High Demand for Efficient Network-as-a-Service in Developing Economies

San Francisco, California, May 12, 2017: A new research report, titled “Network-as-a-Service Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” by TMR Research provides a detailed overview of the market. The rising demand for virtualization of network functions and innovative value added services are anticipated to encourage the growth of the global network-as-a-service market in the next few years. The research study presents insights into the key dynamics of the market that are likely to accelerate the market’s growth in the near future. Moreover, a complete analysis of the competitive landscape has been provided in the study.

The adoption of network-as-a-service helps enterprises in minimizing cost, which is considered as a key factor projected to encourage the growth of the market in the coming years. In addition, the emergence of cloud computing technology is expected to create promising growth opportunities for the key players. The growing investments by several telecom companies in order to enhance their customer experience is likely to accelerate the overall growth of the network-as-a-service market in the forecast period.

On the flip side, the market is expected to face several barriers that are likely to curb the growth of the overall market in the coming years. Several concerns related to the portability and interoperability are anticipated to curtail the growth of the network-as-a-service market. Nevertheless, advancements in technology and the growing demand from several developing economies across the globe are projected to fuel the growth of the market in the near future.

In the last few years, a massive share of the global network-as-a-service market was held by North America. This region is estimated to continue its dominance throughout the forecast period. However, the rising promising opportunities in developing nations is predicted to encourage the growth of the Asia Pacific market in the near future. The increasing contribution from China and India and the growing demand for efficient IT services are projected to accelerate the growth of this region. Moreover, the increasing broadband penetration and the entry of new players are predicted to bolster Asia Pacific network-as-a-service market in the forecast period.

Some of the prominent players operating in the network-as-a-service market across the globe are Cisco, Fatpipe Networks, CloudGenix, Viptela, Pertino, Aerohive Networks, IBM, Juniper Networks, Silver Peak Systems, VeloCloud, Netcraftsmen, Talari Networks, Intellipath, VMware, Aryaka Networks, Akamai Technologies, and HP. This market is considered to be on the development stage at present. The increasing level of competition and the rising emphasis of leading players on the development of new products and innovations are likely to supplement the growth of the overall market in the coming few years.

Soaring Energy Needs Drive Demand for Pumped-Storage Hydroelectricity

San Francisco, California, May 12, 2017: As most of our contemporary day-to-day conveniences depend on power, the increscent demand for electricity has opened a window of opportunity for the global market for pumped-storage hydroelectricity. The report, titled “Pumped-Storage Hydroelectricity Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2017 – 2025” offers key insights into the competitive landscape, growth drivers, and challenges faced by the market.

A pumped-storage hydroelectric system is deployed in the power industry for load balancing and peak saving. Water is transferred from one reservoir to another, which are at different elevations. When the demand for electricity is low, the surplus energy can be used to pump water to an upper reservoir. Moving water back uphill, the turbine functions as a pump. When there is a high demand for electricity, the stored water can be released through turbines.

With growing inclination towards the adoption of solar and wind power, the need for pumped-storage hydroelectricity is escalating. An extensive numerous ancillary services such as voltage control and load balancing are offered by pumped storage hydroelectricity. These systems can not only function as suitable spinning reserves, but also restoring an electric power station to operation by eliminating the need to rely on an external transmission network.

As more people tend to prefer stable supplies of energy, the demand for pumped-storage hydroelectricity is slated for significant growth. The pressing need for alternative energy sources that are more reliable and feature black start capabilities has also been fueling the market. Technological advancements, necessity of spinning reserves, and demand for reactive power generation are some other factors driving the growth of the market.

On the contrary, the presence of large water bodies and the variation in heights of the two reservoirs can restrict the growth of the global market for pumped-storage hydroelectricity. Nevertheless, the impact of these restraints can be reduced by incorporating man-made alterations as to the topography, achieving the desired height and size measurements.

Geographically, the global market for pumped-storage hydroelectricity could be segmented into Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa. Europe is expected to emerge as the leader of the global market for pumped-storage hydroelectricity. Italy, the U.K, Austria, and Switzerland are some of the major contributors of the European market.

Asia Pacific bears considerable opportunities for growth, thanks to the growing consumer base, insatiable need for electricity, and rapid growth in industrialization and urbanization. Latin America, backed by the growth of Brazil, and the Middle East and Africa are also slated for promising growth. A number of governments are encouraging the deployment of pumped-storage hydroelectricity via investments and policies. Currently, more than 290 pumped-storage hydroelectricity plants are in operation worldwide, with a capacity of almost 150 GW.