Internet Of Mobility Market – Fleet Operators Are More Incline Toward Connected Vehicles, Owing To Enhanced Transportation Facilities

Internet of Mobility (IoM) creates a unique platform through which companies focus on the development of intelligence mobility systems by connecting the product innovation to inter connect, electrify and automate with the business in order to solve major problems of consumers. Connected mobility has gaining significant popularity which enables on-demand mobility services to transport passenger as well as goods from one point to another.

Rapid urbanization and increased adoption of new technologies in smart cities for better connected network are likely to boost the demand for internet mobility during the forecast period. Increased government spending to build and develop highway infrastructure is a key factor driving the Internet of Mobility market. Consumer expectations about seamless, pain-free, user experiences are rising, and transportation is expected to offer significant opportunity to internet mobility in the near future. Rising adoption of autonomous vehicles, e-bikes, and increasing penetration of internet are likely to boost IoM in the near future. Emerging applications in modern vehicles and development of new business models are likely to drive the internet of mobility market during the forecast period.

The internet of mobility market can be segmented based on transportation type, end-use, and region. Based on transportation type, the internet of mobility market can be segregated into passenger transportation and goods transportation. The goods transportation segment is likely to hold a major share of the market during the forecast period. Rising adoption of connected vehicles by fleet operators is a major reason, along with ease of tracking, better connectivity with expanding infrastructure facilities, that is likely to propel the goods transportation segment during the forecast period. However, for passenger transport, governments of different countries are offering attractive incentives policies and hence, the passenger transportation segment likely to expand during the forecast period.

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Based on end-use, the internet of mobility market can be bifurcated into commercial and personal. The commercial segment is anticipated to expand at a rapid pace, as connected vehicles are mostly utilized for transportation of goods and passengers. Consequently, the commercial segment is likely to hold a major share of the internet of mobility market during the forecast period. Fleet operators are more incline toward connected vehicles, owing to enhanced transportation facilities. Moreover, connected vehicle fleets are also utilized for passenger transport, which are incorporated with latest technologies for enhanced passenger comfort. Demand for connected vehicles for personal use is in the nascent stage and it is likely to expand during the forecast period, owing to consumer preference toward safe and technologically advanced vehicles.

Based on region, the Internet of Mobility Market can be segmented into North America, Latin America Europe, Asia Pacific, and Middle East & Africa. Europe and North America are likely to hold a major share of the global internet of mobility market, as better infrastructure facilities, higher adoption of connected vehicles along with the presence of key players in these regions.

Key players operating in the internet of mobility market are Automobility, GSM Association, Robert Bosch GmbH, Bell Canada, HERE Automotive, Deutsche Bahn Connect GmbH, EVCARD, and Lyft.

Data Business in Oil and Gas Market- Data Generated In The Oil And Gas Industry Is Increasing In Volume, Variety, And Velocity.

According to a new market report published by Transparency Market Research, the global data business in oil and gas market is expected to reach a value of US$ 64,845.8 Mn by 2026 on account of digitization across the oil and gas industry. In the years 2015 to 2017, the oil and gas industry’s CAPEX fell considerably; however, the industry is focusing on technological advancements to find optimal production techniques for intelligent development of unconventional resources, and to increase the commercial success rates of drilled exploration wells with computer-aided optimization of processes. Investments in oil and gas industry are anticipated to increase gradually from 2018, further driving the digitization across the industry using data science. The market is projected to expand at a CAGR of 18.9% during the forecast period from 2018 to 2026 driven by the increasing adoption of data management & big data software and solutions, and data monetization in the oil and gas industry. North America is anticipated to be the dominant region in the data business in oil and gas market followed by Middle East & Africa during the forecast period.The upstream application segment is expected to observe flourishing growth due to the rising need for enhanced oil exploration and production to maintain the production and to meet the demand in the next decade with sufficient oil and gas discoveries.

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Need for generating value from the large amount of data generated in the oil and gas industry driving the global market

The large amount of data generated in the oil and gas industry can be used to discover new oil deposits to meet the global oil and gas demand and to increase operational efficiencies in the upstream, midstream, and downstream sectors of the industry. From exploration and production to trading and retail, classifying and streamlining the massive amounts of data generated with the data management solutions is necessary to optimize functions and enhance safety standards at every stage in the oil and gas industry. With big data analytics solutions, data is analysed to find optimum oil drilling locations and to predict success for new oil and gas exploration. Direct data monetization vendors sell seismic data, well data, production data, and geological survey reports to other companies for producing value from these data reports. The data business market is expected to flourish over the forecast period to integrate and interpret large amounts of structured and unstructured data generated daily from exploration, production, and development of oil and gas.

Data Business in Oil and Gas Market: Scope of the Report

The data business in oil and gas market is segmented based on component, oil companies, application, E&P lifecycle, and geography. Due to increasing digitization in the oil and gas industry, the market is anticipated to experience flourishing growth during the forecast period. By 2026, the upstream application segment will account for more than 56% of the global data business in oil and gas market due to increasing IT spending in the upstream sector of the oil and gas industry. Exploration is the key segment in the E&P lifecycle of the oil and gas industry driven mainly by deep-water exploration activities, shale gas exploration activities, declining exploration costs, and rising focus on near field explorations. National Oil Companies (NOCs) are anticipated to have more than 53% market share by 2026. NOCs are increasingly spending on big data and data management software and services, thus accounting for the maximum share in the data business market. Big data software such as data analytics, data collection, data discovery &visualization, and data management software holds the major share in the big data in oil and gas component of the market with data analytics and data management software driving the growth of this segment. Data management component growth is driven mainly by corporate/enterprise data management software.

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Driving Growth In The Global Market For Workflow Automation And Optimization Software Is The Rising Take-Up Of Third Platform Technologies

The global market for workflow automation and optimization software market is somewhat consolidated with the five leading players accounting for well over half the share in the market. The key players are Xerox Corporation, Oracle Corporation, International Business Machines (IBM) Corporation, SAS Institute, Inc., and SAP SE.

IBM Corporation, among them, held a leading share of 14.4% in the global workflow automation and optimization software market in 2016. Its focus on developing innovative products such as the cognitive system named Watson has helped it secure a prominent position in the market. It is followed by Oracle Corporation that has managed to bolster its position by designing and developing solutions for cognitive systems, content analytics, and discovery software market.

Similarly, Xerox Corporation, which comes in at the third position in the global market for workflow automation and optimization software has managed to achieve sweeping sales by launching 15 products.

As per a report by Transparency Market Research, the global market for workflow automation and optimization is likely to expand at a healthy CAGR of 8.7% during the period between 2017 and 2025 to reach a value of US$1.456 bn by 2025 from US$0.713 bn in 2016.

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High Degree of Business Process Automation Makes North America Market Leader

Depending upon the end-use, the global market for workflow automation and optimization can be segmented into education, banking, financial services, and insurance (BFSI), transportation and logistics, healthcare, manufacturing, retail, telecommunications and information technology (IT), etc. Among them, the BFSI segment dominated vis-à-vis revenue in 2016. This is because of banks leveraging improved fraud management solutions, mobile banking, smart automated teller machines (ATMs), etc. to enhance customer experience. In the years ahead too, the BFSI segment is predicted to retain its dominant position and hold 21.1% in the market by 2025.

Geography-wise, the key segments of the market are Europe, North America, Asia Pacific, South America, and the Middle East and Africa (MEA). Of them, North America accounts for a leading share in terms of revenue mainly on account of the high degree of business process automation and presence of numerous vendors of workflow automation. The revenue grossed in the North America workflow automation and optimization software market in 2016 was US$279.6 mn.

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Snack Pellets Market- Potential Future Investments are Some Areas of Growth for this Market in the Future

One of the key factors pushing the growth of the market includes transition in the lifestyle of the consumers in terms of feeding habits. Over the years, the feeding habits of the consumer have witnessed a significant change, where it has evolved to the consumption of processed foods in heightened quantities. The consumers, especially the young population have become more inclined towards the consumption of processed food and ultra-processed food. Their consumption patterns are mostly influenced by the western culture. Further, the busy lifestyle of the consumers, especially for the young population have resulted in time constraint issues, where they have minimal time to consumed proper cooked food. Due to this factor, the resort to the consumption of ready to eat/processed foods for efficient time management. This trend has increased significantly over the past few years, especially in the developing countries on account of increased employment opportunities, resulting in increasing purchasing power of the consumers.

Ultra processed breads and cereals constitute an approximate of 12% of the daily food consumption per capita, while ice creams, cakes and other sweets constitute of a similar percentage. Soda and fruit drinks comprise of approximately 7% while frozen packaged meals account for approximately 4%. On an average, ultra-processed foods and processed foods account for approximately 67% of the daily food consumption per capita. Improvement in manufacturing techniques is yet another major factor driving the demand for the snack pellets market at the global level.

However, high content of acrylamide in processed foods is a major factor hindering the growth o the market at present. Acrylamide is a chemical compound with chemical formula C3H5NO and it is an odorless crystalline solid that is soluble in water, ether, chloroform and ethanol. Human exposure to acrylamide can come in several ways, consumption of processed foods being one of the major causes. Exposure to acrylamide has potential harmful effects such as drowsiness, disturbance, memory loss, numbness of lower limbs, vibratory loss and various others.

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Further, high sugar content and high fructose corn syrup content, trans fats and processed vegetable oil, inclusion of artificial ingredients, refined carbohydrates are some of the major negative traits of processed foods. Additionally, they are low in nutrient content and fiber as well. Such factors have created a negative impact on the demand for processed foods among the health conscious consumers in the developing countries such as U.S, U.K., Germany and France among others. Health issues such as obesity have led the consumers to drift away from the consumption of such foods, thus barring the growth of the processed foods market, which in turn is barring the growth of the snack pellets market as well.

Product innovations, expansion in untapped markets and potential future investments are some areas of growth for this market in the future.

Broadcast and Media Technology Consulting Market- Procure Substantial Margins in Live Broadcasting

As the world gets closer and more connected, advancements in communication are being majorly witnessed. As broadcast businesses aim to provide seamless communication to consumers, worldwide, the broadcast and media technology (solutions and services) market is likely to witness major transformations in the coming years. Content consumption through next-gen connected devices continues to increase, offering content in an enhanced experience. Such changing content consumption patterns are being addressed with new broadcasting and media technologies.

Evolutionary Path of the Broadcast and Media Technology (Solutions and Services) Market

The emerging broadcast and media technology ecosystem has an incremental growth cited deeper in history. The radio was the first media form, and had a huge impact on the history of the 20th century, and allowed the first-ever information broadcast without wires. Following this, the 1920s marked the beginning of the television era. As it combined the best attributes of radio and pictures, and changed media, television has captured the imagination of audiences ever since its inception.

The invention of cable TV in the 1980s along with the expansion of the Internet in the 2000s offered more alternatives for media consumers.

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Technological revolutions became a nexus between historical broadcast and media and the changing communication expectations. With the evolution of technology, audiences’ needs and expectations continued to grow. Broadcasting has undergone a slew of transformations, with satellite, cable, and on-demand irreversibly altering consumer viewing habits. However, recently, the mobile is beginning to transform the face of broadcast and media. Another aspect driving the current broadcast and media technology business is the continued development and incorporation of technology to offer improved broadcasting to consumers. The broadcast and media technology (solutions and services) market is likely to generate a revenue of ~ US$ 6.3 Bn in 2019. Market growth is attributed to key trends, including the growing penetration of on-demand content, popularity of live video streaming, rise in digital advertisements, and emerging network infrastructure.

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Identity Now end to end Services Market- Tech-giants Maintain Lead with High Product Penetration Worldwide

Identity Now end to end Services Market Set to Grow with the Evolution of Identity and Access Management Solutions

With the burgeoning adoption of IoT-based solutions across a wide range of industries, businesses have become highly vulnerable to threats such as identity theft and fraud. A mounting number of business organizations, including governing bodies, banks and financial institutes, and retail businesses, are moving towards adopting digital enterprise models. This has triggered the need for boosting the fraud reduction potential of identity and access management systems and identity proofing methods, and ultimately the growth of the Identity Now end to end Services Market .

Attributing to the rise of digitization, the cloud or SaaS (Software-as-a-Service)-based application delivery model is enjoying success in the identity-as-a-service market. In 2018, the valuation of the Identity Now end to end Services Market reached ~ US$ 3.5 billion, and it is expected to witness ~ 21% year-over-year growth in 2019. Upcoming trends in the IDaaS market are expected to drive a palpable shift from password-based to password-less identity and access management and authorization among end users.

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BYOD Approach of End Users Boosts Demand for IDaaS for Public Cloud Platform

Increasing penetration of multi-cloud computing systems in the modern industrial ecosystem, especially in IT and telecommunication companies, is voicing the need for more efficient identity management services for securing their public cloud infrastructures. The demand for IDaaS is relatively higher for public cloud than private or hybrid cloud infrastructures, owing to their vulnerability to cyber-attacks. However, the adoption of IDaaS in private and hybrid cloud networks is expected to increase significantly, directing the upcoming strategies of stakeholders in the IDaaS market.

Global giants are strengthening their presence in the global market, while emerging players and local service providers are adopting strategies to establish a stronghold in regional markets for IDaaS. Other competitors such as OneLogin Inc., iWelcome, and ILANTUS Technologies are focusing on launching new products to gain a competitive edge in local markets for IDaaS. Some examples include,

• In March 2018, OneLogin Inc. introduced its new product—OneLogin Access—which is designed for SMEs as well as large enterprises to manage access for on-premise and cloud-based applications with a single identity-as-a-service (IDaaS) solution.
• In August 2018, ILANTUS Technologies Pvt. Ltd introduced its new product—Compact Identity—which includes identity and access management solutions with both, Access Management (Single Sign-On and Password Management) and basic Identity Governance and Administration (IGA) features.

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Pepper Mill Market- Rise In Healthy Eating Habits, And A Rise In The Working Population Are Boosting The Demand For Smart Kitchen Tools.

A pepper mill is a tool that grinds pepper corns. The process of converting pepper corns into pepper powder involves twisting the top and bottom portion of a mill. Twisting these portions simultaneously activates the rotating blade to convert pepper corns into pepper powder. Pepper mills can be mainly classified into two types: electric pepper mills and manual pepper mills. Pepper mills are made of materials such as glass, wood, steel, plastic, microfiber, polypropylene, stainless steel, crystal, marble, and ceramic. They can be classified base on style into traditional and modern. Pepper mills are a part of smart kitchen equipment. The choice of investing in a pepper mill depends on the need and budget of the consumer and the type, size, shape, brand, and durability of the product. Commercial equipment is primarily used to prepare food for a large number of consumers. Therefore, players in the market are manufacturing products that are durable, easy to operate, and robust. Many large international and small suppliers operate in the market.

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The global pepper mill market is primarily driven by a rise in quality concerns of the hospitality industry, need for modular and advanced kitchen tools, and increase in the spending power of the population. Rise in concerns about health and hygiene, increase in the penetration of restaurants and food junctions, expansion in the fitness industry, rise in healthy eating habits, and a rise in the working population are boosting the demand for smart kitchen tools. Desire among consumers to prepare meals with a refined taste and the use of pepper in everyday meals for fresh taste are likely to proper the global pepper mill market. Additionally, the hospitality sector in emerging economies, especially in Asia Pacific, is expanding at a rapid pace. This is expected to boost the pepper mill market during the forecast period. However, less durability of pepper mills, low quality of some products, lack of awareness about the product in underdeveloped nations, and market coverage by many local players are expected to restrain the revenue growth of the pepper mill market during the forecast period In addition, local manufacturers are selling their products at low prices. This could challenge the global and large players in the pepper mill market. Nevertheless, a rise in demand for comfortable and compatible pepper mills, improvements in quality of the product, and high demand for pepper mils with corrosion metal mechanism are anticipated to create significant opportunities for the global pepper mill market.

The global pepper mill market can be classified based on product, raw material, distribution channel, end-user, and region. Based on product, the global pepper mill market can be segmented into manual and electric. In terms of raw material, the global pepper mill market can be classified into wood, glass, plastic, steel, microfiber, stainless steel, polypropylene, crystal, ceramic, and marble. Based on distribution channel, the global pepper mill market can be categorized into suppliers & distributors, supermarkets & hypermarkets, online platforms, and others (departmental stores & independent stores). Based on end-user, the global pepper market can be classified into household and commercial.