Gasoline Trading Market - Global Industry Analysis, Growth, Size, Share, Trends and Forecast 2014 – 2020

Gasoline industry has grown robustly in the five years, though this growth is mostly regarded to recovered losses since the recession. In the upcoming years, petroleum prices are expected to increase as the global economy gains demand for fuel worldwide. Gasoline futures are exchange-traded contracts that are standardized in nature. In gasoline futures, the contract buyer approves to take delivery, from the seller, a specific quantity of gasoline at a predetermined price on a future delivery date. Gasoline futures can be traded at Tokyo Commodity Exchange (TOCOM) and New York Mercantile Exchange (NYMEX). Risk in gasoline price can be managed by both consumers and producers by purchasing and selling the gasoline futures. Producers can exploit a short hedge to secure the selling price for the gasoline they produce, while on the other hand a long hedge can be utilized to secure a purchase price for the commodity. Speculators also play a major role in trading gasoline futures. They assume the price risk that hedgers avoid to profit from the movement of gasoline price. Gasoline futures are brought by the speculators only when they believe that there is a increase in gasoline prices.

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Segmentation of the gasoline trading market can be done by identifying the various modes of transport used to trade gasoline. Product carrier involves different segments such as medium range (mr), MR fleet, handy size, handy size fleet. Other vessels, which are involved in transporting crude oil, are categorized as oil tankers, bulk carriers, general cargo ships, container ships and other types of ships such as liquefied gas carriers, chemical tankers.

Regional segmentation of the global gasoline trading market can be done by identifying the major consumers of gasoline. Asia Pacific is one of the leading markets in gasoline trading. Rapid industrialization in countries such as India, China and Indonesia has augmented the demand for gasoline. Number of gasoline run vehicles has tremendously increased in India and China, which is one of the major factors driving the demand for gasoline in Asia Pacific Market. North America and Europe have also shown substantial growth, owing to the increased industrialization and rising number of vehicles. Rise in oil production particularly in Canada and the U.S. is another factor that has contributed towards the growth of this region. Rest of the World (RoW) segment includes countries from the Middle East, Africa and Latin America region. This region still lacks behind the other three in terms of market for gasoline trading. Lack of industrialization is one of the major factors hampering the growth of this market in RoW

Rising population particularly in Asia Pacific, rise in number of automobiles and easy availability of gasoline are some of the major factors driving the gasoline trading market. These positive factors are likely to bolster the demand for gasoline in the coming years. The factors that are restraining the growth of gasoline market are foreign demand slowdown and weaker stock markets. Slow economic growth in Europe has laid a negative impact on the demand for gasoline.

Some of the major players in the gasoline market are Saudi Aramco, Gazprom, National Iranian Oil Corporation, ExxonMobil Corporation, PetroChina, Royal Dutch Shell, Pemex, Chevron Corporation, Kuwait Petroleum Corporation, Abu Dhabi National Oil Co.

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Biomass Boiler Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2014 – 2020

As the population is increasing government is making new policies for renewable energy and also for environmental pollution control and technology is also improving side by side. Biomass is a renewable energy source which gives heat on burning solid fuels as wood-logs, pallets, chips and others forms such as animal and food wastes and high energy crops. In many countries commonly biomass is burnt for house heating commercial and industrial purpose. This source of energy generates the same amount of carbon-dioxide on burning what is required in growing, for this reason this is called carbon neutral renewable source. In 19th century people used to burn it directly in household fireplaces for heating purpose which was directly emitting CO2 in the environment and was unable to utilize all the energy generated. So, biomass boilers were developed which utilize nearly 90-95% of heat generated through burning and control the CO2 emission. In biomass combustion technology has improved significantly from old school of biomass combustion to the new technology of advanced combustion control systems in boilers. Biomass boilers provide space heating and hot water to domestic, commercial and industrial users. Modern, efficient biomass boilers are computer controlled, easy to maintain and operate and are common throughout.

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Biomass boiler market can be divided on the basis of users such as domestic, commercial and industrial users. In European countries excluding UK the use of biomass boilers can rise in future as policies for renewable energy are getting strict and ease in availability of biomass for boilers in European countries. In UK the use and development of renewable energy is slow as compared to other European countries. According to UK’s National Renewable Energy Action Plan (NREAP) the percentage contribution of biomass in total energy consumption is going to rise significantly in coming years so as the use of boilers. Brazil and India have the capability to grow in the biomass boiler market because of the availability of sources and in addition government has also made policies to pay the industries for heat produced through biomass boilers. In addition, North America is one of the main markets which have the potential in the renewable market.

Biomass boiler market growth depends on some factors such as availability of biomass and size availability of boilers according to the type of source. The biomass is mostly used in wood pellets form in boilers and furthermore the boiler system configuration will differ for the other form of biomass such as food waste, willow, rape and maze. The market will have the capability to grow exponentially in those countries which will have the available resource for the boilers. The only constraints for this market can be the price of the biomass and the flexibility in installation of biomass boiler in existing heating and cooling system. If this heating device will be versatile in the feed usage manner then the market share can grow accordingly.

Biomass boiler market growth can help countries to save some additional cost for heating in industries and can also contribute in energy mix positively. Furthermore it will help in reduction of non-renewable sources for heating purpose such as oil and electricity heaters.

Some of the major players in the biomass boiler market are Wood energy limited, ZG vessels and Par Techno Heat Private Limited.

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Air Source Heat Pumps Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

An air source heat pump is a system which transfers heat from outside to within a building envelope or vice versa. With an increasing focus on utilizing renewable energy systems for both heating and cooling ones home, the demand for air source heat pumps is likely to increase significantly within the forecast period. These air source heat pumps utilize refrigerants and compressors to transfer heat both to and from the building envelope. Currently air source heat pumps are being aggressively utilized as they not only reduce emissions but also result in significant savings for adopters. Owing to the technology, air source heat pumps consume far lesser electricity than conventional heating and cooling systems. Both space heating and cooling comprise a significant portion of the overall energy consumption for any household. With rising energy and electricity prices, homeowners are increasingly looking towards sustainable heating and cooling systems which would minimize energy expenditure and generate attractive cash flows in the long term.

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Air source heat pumps are an attractive alternative to conventional domestic heating systems such as LPG boilers. Although these air source heat pumps provide numerous advantages over conventional systems, care must be taken while selecting such a system for one’s home. Significant care must be taken to ensure that the building is well insulated before installing an air source heat pump system. Any heat losses taking place through air leaks might result in significant reduction in efficiency of the air source heat pump. This in turn might result in higher energy bills and a delayed payback period for the overall system. The air source heat pump systems score over other heat pumps such as geothermal heat pumps in a multitude of factors. Air source heat pumps require lesser space as compared to ground source heat pumps. Apart from this, air source heat pumps also do not require any expensive ground loop installations rendering it one of the most cost effective heat pump systems that can be installed at ones home. On the contrary, air source heat pumps are essentially required to be exposed to the air.

This in turn might result in vandalism of the equipment or other mechanical failures since the equipment is continuously exposed. As a result, air source heat pumps might require slightly higher maintenance expenditures as compared to other heat pump counterparts which are housed inside the building envelope. The presence of supportive regulatory incentive frameworks is instrumental for the brisk adoption of such heat pump technologies. Both Europe and North America are currently mature markets for air source heat pumps. The federal tax credit scheme in the U.S. and the recently implemented renewable heat incentive (RHI) scheme in the Europe are likely to result in brisk adoption of air source heat pumps within the forecast period. The Asia-Pacific is also likely to emerge as an attractive market for this technology. Owing to a rapidly increasing disposable income and numerous initiatives to curb emissions, the Asia Pacific market is likely to briskly adopt the air source heat pump technology within the forecast period. With the retraction of the federal tax credit scheme in 2016, the exact market trends for air source heat pumps in North America cannot be predicted with certainty. However the RHI scheme is likely to remain for a long period of time bolstering adoption of air source heat pump in the European domestic sector.

Some of the market players in the air source heat pump business include Finn Geotherm Ltd., Bosch, and Aiwasun Green Technologies among others.

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IT Security Consulting Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

IT security consulting service providers enable organizations to assess and analyze its IT infrastructure and identify vulnerabilities and possible threats. IT security consultants offer their expertise and knowledge and guide various organizations in acquiring and growing its IT security capabilities. Thereby, IT security consultants enable organizations to procure and manage security tools, risk management tools, business intelligence and computing forensic tools. IT security consultants offer comprehensive security solutions to various organizations across the world. Such consultants assess and review various business processes and activities within an organization to evaluate information flow. Thereby, after identifying various information exchange points within an organizations infrastructure, IT security consultants can design and develop suitable security solutions. With the use of appropriate security tools, analytics and monitoring tools, IT security consultants can ensure information security in an organization.

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Moreover, use of security testing software enables IT security consultants to constantly monitor various IT security solutions. With increasing demand for information security, IT security consulting has found various applications across the world. IT security services are widely used in industries including IT and telecommunication, banking, financial services and insurance (BFSI), retail, manufacturing, media and entertainment. IT security consulting services are used by various large, medium and small enterprises (SME) for various on-premise and cloud-based applications.

One of the major factors driving the growth of IT security consulting market is the increasing complexities of IT infrastructure. With technological advancements in computing and processing technologies, there has been an increasing need to identify various vulnerabilities within an IT infrastructure. IT security consultants offer a viable solution to ensure information security in an organization without employing technical expertise. Thereby, organizations are able to focus on their core business processes and outsource information security activities to such IT security consultants. Another factor driving the growth of this market is the increasing usage of mobile devices including smartphones, tablets and laptops. Emerging trends such as mobile work-force and “bring your own devices” (BYOD) have led to the increasing concerns of data theft and data corruption. Thereby, it has become imperative for organizations to deploy appropriate security solutions to ensure confidentiality, integrity and availability of organizational data.

With increasing complexities of IT security and technological advancements in security solutions, there has been an increasing demand for IT security consulting services. Organizations across the world can leverage such consulting services and ensure information security within and outside the organization. Moreover, increasing sophistication of cyber attacks and rising concerns of information security have further driven the growth of this market. Leading companies seek to adopt advanced security technologies to offer optimum security solutions to their customers. Key players in this market seek to gain advantage of rising opportunities such as e-commerce, online retail and online transactions over the internet. Some of the key players in IT security consulting market include Deloitte Touche Tohmatsu Limited, IBM Corporation, Booz Allen Hamilton, Inc., Accenture Plc., EMC Corporation, Ernst & Young Global Limited, KPMG International Cooperative, Hewlett-Packard Development Company, L.P., Atos SE, Dell SecureWorks, Inc. and BAE Systems.

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Music Publishing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

Music publishing refers to owning the music compositions such as songs in the form of copyrights. It includes acquiring, administering, exploiting and protecting the copyrights in musical compositions. Traditionally, music publishers distributed the music compositions in the form physical recordings such as cassettes, compact discs (CDs) and other physical media. However, with growing trend of digitization and online music, music publishing industry has been into an important phase of transition in the past few years. Due to falling sales of physical music albums, music publishing companies are focusing on creating new and reliable revenue sources. Some of the latest revenue sources for music publishing companies include mobile music outlets, wireless music subscription services, digital streaming services and others. Music publishing companies work with different artists such as music composers, songwriters and musicians. These companies are responsible for licensing the intellectual property of the respective clients (e.g. music composers).

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Music publishing market is majorly driven by the growing entertainment and media industry across the globe. With large number of music artists and songwriters entering the global music industry, demand for music publishing companies is expected to increase at a high rate in near future. Most of the music artists prefer working with music publishing companies as it is the most convenient and reliable way of entering the music industry. This is due to the fact that an established music publisher has countless contacts in the industry. Additionally, the music publishing market is driven by the monetary as well as publicity benefits offered to the music composers by companies. Several music publishers offer advance payments to the songwriters long before publishing their work. Music publishing companies make sure that their artists receive full payment with secured copyrights. In addition, music publishing companies undertake several promotional activities for their artists such as producing demo recordings, brochures and other promotional materials. This ensures new opportunities for the music artists thereby increasing the dependence on music publishing companies. However, the music publishing companies may face major challenge from the artists who own and publish their compositions.

The music publishing market is segmented based on the type of license and geographic regions. Different types of licenses issued by the music publishing companies include reproduction or mechanical license, public performance license, synchronization license and folio license. Reproduction license includes music distribution through physical or digital form. Public performance refers to music broadcast on public media such as radio, concerts and other public events. Synchronization licensing is the distribution of music in films, music videos, televisions and other media. Folio license refers to music distribution in written format. This includes publishing music notation and lyrics on the internet for public use. Furthermore, the market for music publishing is segmented based on geographic regions into North America, Europe, Asia Pacific and Rest of the World (RoW).

Some of the leading companies in music publishing market include Universal Music Publishing Group, Broadcast Music, Inc., Sony/ATV Music Publishing LLC, Criterion Music Corporation, Avatar Publishing Group, Super Cassettes Industries Private Ltd., Warner/Chappell Music, Inc. and others.

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Satellite-Based Earth Observation Services Industry Segment up to 2020

Satellite-based Earth Observation (EO) is a process of using remote-sensing technique to gather information on the chemical, physical and biological aspects of the earth system. This technique allows the measurement of geophysical parameters of the earth from the orbit with the use of cameras and sensors. The gathered information can be effectively used to monitor and predict cloud cover and climate patterns, detect and assess damage during floods, tsunamis, and other natural disasters, agricultural and usage, petroleum and mineral deposits, availability of water sources. It also facilitates the management of earth’s natural resources in a resourceful manner. The satellite-based earth observation industry is witnessing an impressive growth, with around 260 satellite launches expected over the next decade.

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One of the main drivers in this market is the technological improvements in satellite imagery. Advanced image-enhancing equipments such as high-resolution cameras, and advanced remote-sensing technology have improved the quality of satellite-based earth observation images. This data is shared from various satellites and accordingly used by defense, science, research and development organizations, and private users. The U.S. based earth observation satellite operators GeoEye and DigitalGlobe, along with Europe-based SPOT Image share more than 60 % of the total revenues from commercial data sales.

The challenge for the imagery market is the initial high investment cost. Moreover, other challenges arising due to the incoordination among different databases still persist due to the isolation of various satellites from one another. All these challenges are expected to be resolved by the much anticipated technology together developed by the new upcoming formation ‘Group on Earth Observation System of Systems’ (GEOSS). This is a system of systems that will link the existing and the upcoming observing systems around the globe and fill in the loop holes of uncommon technical standards seen in the development of new observing systems.

It will offer a single internet access point to all the users seeking EO data from existing data bases as well as the new up-to-date portals, thus, making the information and analysis to flow directly to the users across various domains. Demand for EO data is increasing from users such as surveyors, farmers, miners, fishers, engineers, and others decision makers, to pursue their business objectives. This technology is also expected to fuel growth for earth observations market in other areas such as land management, natural disaster response, insurance, real estate and tourism industry. Increased demand for EO data from public entities and private companies such as Google, Inc. for its use in mapping and location based services is further expected to stimulate the earth observations market growth.

Demand for satellite-based earth observation market will be high from developing countries such as Vietnam, Malaysia, Kazakhstan and South Africa who would be widening their native autonomous capabilities in the near future. United States, Europe, China and India are all important operators of remote sensing satellites. Leading operators and service providers in these regions are partnering with Geographic Information System (GIS) companies and manufacturers of mobile devices to provide individual consumers with advanced information products and services. Initiatives taken by the government to embrace EO, in addition to the collaboration among operators to expand their capabilities by means of technology transfer would be the major driving factors in the satellite-based earth observation market.

With booming demand anticipated equally for complex and economical EO missions, the manufacturing and launch industries are likely to profit from the significant returns. Major trend is seen in increasing use of satellite-based earth observations in Maritime surveillance, for its ability to rapidly evaluate situations during extreme weather conditions and in war-time crisis. The key vendors include: Dettwiler & Associates Ltd., Deimos Imaging S.l., Skybox Imaging Inc., ImageSat International, PlanetIQ and Rapid Eye A.G.

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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

• North America
• Asia Pacific
• Europe
• Rest of the World

This report provides comprehensive analysis of

• Market growth drivers
• Factors limiting market growth
• Current market trends
• Market structure
• Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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Middle East Cyber Security Industry Technologies and Segment till 2020

Cyber security (or computer security) refers to the security applied to entire web (cyber) world, which includes everything from computers to smartphone and other automated devices with web-connectivity. The prime objective is to ensure the confidentiality of the information shared across the network. It is also applied to data monitoring in public and private computer networks including the internet to ensure information security. The cyber security enables protection from attacks such as unauthorized access, hacking, injection of codes such as virus and Trojans and other vulnerabilities. Today, due to growing industries and preference for centralization amongst the organizations; the computer based systems have become an indispensable part of the business processes. Thus, cyber security has become the most critical concern for organizations to protect their data from the fast rising incidences of cyber crimes. Cyber security systems are used in computers connected to the internal as well as external networks.

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Cyber security can be broadly segmented on the basis of technologies used to prevent cyber attacks. Various technologies to ensure cyber security include antivirus, data encryption, intrusion prevention systems, firewalls and distributed denial of service (DDoS) mitigation. Antivirus is computer software which is used to detect and remove viruses and other malwares interfacing with the systems through the internet. Data encryption is an algorithm used for the security of electronic data by encrypting the data using symmetric key. Intrusion prevention systems are network security appliances which monitor system and network activities for malwares. The intrusion prevention systems are used to identify malwares, follow its information, attempt to block the malware and report it to the system. Firewall is network security system which monitors and controls the network traffic and works on a set of network specified rules. The firewall establishes a barrier between secure, trusted internal network and other unknown, non-trusted networks. DDoS mitigation includes set of techniques to ensure protection from denial of service attacks to the systems connected to the internet.

Currently, Middle East nations are witnessing significant economic and technological transformation due to growing business opportunities in large industries such as banking, financial services, insurance (BFSI) in the region. With the rapid economic growth and increasing threat of cyber crimes, many organizations in the Middle East countries are beginning to recognize the need for an efficient cyber security system . This creates healthy demand for cyber security systems among the organizations in this region. Moreover, the Middle East region is dominating in heavy industries such as oil and gas. These industries due to their remote and geographically vast operations are highly dependent on internet networks, which in turn magnify their vulnerability to cyber attacks. This threat of cyber attacks is another factor boosting the demand for latest cyber security solutions in this region.

Amongst the Middle East countries, United Arab Emirates (UAE) accounts for the largest demand for advanced cyber security solutions, due to expanding BFSI sector, for the past few years. Saudi Arabia follows UAE in terms of demand for cyber security systems with growing oil and gas as well as BFSI industry. However, countries such as Oman and Qatar are expected to grow at a healthy rate in near future owing to increasing business opportunities in oil and gas industry in this region.

Some of the major players in the cyber security systems market include BAE Systems, Boeing Defense, Space and Security, Computer Science Corporation (CSC), IBM Corporation, Intel Corporation, Symantec Corporation, Hewlett Packard (HP) Company, Booz Allen Hamilton Inc., IBM Corporation and others.

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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

• North America
• Asia Pacific
• Europe
• Rest of the World

This report provides comprehensive analysis of

• Market growth drivers
• Factors limiting market growth
• Current market trends
• Market structure
• Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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Unified Threat Management Market Regional Outlook till 2019

Unified Threat Management is a security solution that comprises of features such as gateway antivirus, on-appliance reporting, data leak prevention, VPN (Virtual Private Network), network firewalling, gateway anti-spam and load balancing content filtering that offers values to the organizations. UTM solutions utilize optimum energy and are low cost solutions as compared to intensive point security solutions. UTM solutions are used by enterprises owing to its supple and scalable features which enhances IT productivity.

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The UTM market is segmented on the basis of organization size, its end users, its applications and services. Few different types of organization sizes include SOHO, SMBS and enterprises. UTM products are used in several industries such as BFSI, telecom and IT, education, manufacturing, retail, government and utilities, healthcare and others. Various application uses of UTM products include software, hardware, virtual and services such as support and maintenance.

Increasing incidences of data security breach is one of the major factors contributing to the growth of unified threat management market. Additionally, UTM solutions enable end users to save space, cost and energy consumption thus further driving the growth of this market. However, lack of acceptance in enterprise market and degradation in network performance are the challenges that limit the growth of UTM solutions. Consolidation of various security tools into single network device is responsible for degradation in performance features. To overcome these challenge, vendors in this industry are continuously focusing on their product offerings in terms of quality.

Currently, UTM centralized consoles are being used in multiple branches of larger organizations that offers security for entire infrastructure. UTM centralized consoles eliminate the necessity to maintain each site or gateways separately thus reducing administrative costs and errors. Some of the features of UTM solutions include simplicity, ease of deployment, low complexity, ease in troubleshooting and better performance.

North America is the largest market for UTM solutions, as growth in this region is attributed to demand from payment card industry that requires both intrusion prevention technologies and firewalls. Moreover, the businesses with the higher credit card transaction volumes deploy UTM solution to protect against network based attacks.

Some of the key players for UTM market include IBM, WatchGuard Technologies, Dell Inc, Juniper Networks, Inc, Cisco Systems, Inc, Barracuda Networks, Inc, Checkpoint Software Technologies, Fortinet, Inc, Cyberoam Technologies, Hewlett-Packard Corporation and Sophos among others. In near future, this industry is expected to strong competition from the local vendors of diverse regions particularly in the managed UTM and cloud based services. Hence global vendors are continuously focusing on new product development to obtain an edge over others in the competitive environment.

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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

• North America
• Asia Pacific
• Europe
• Rest of the World

This report provides comprehensive analysis of

• Market growth drivers
• Factors limiting market growth
• Current market trends
• Market structure
• Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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Engineering Software Market - Global Industry Segment and Analysis 2014 - 2020

Engineering software refers to the software solutions and software packages that are used across different engineering disciplines such as civil engineering, chemical engineering, mechanical engineering, electronic and communication engineering, electrical engineering, manufacturing and others. The chemical engineering software are classified as software used for mapping and analyzing energy conversion (in designing actuators and sensors), designing fluid flow, combustion analysis, psychometric analysis, designing and analyzing heat transfer and designing steam tables among others. The civil engineering segment consists of software that are used for structural designing, drainage and footings designing, mapping and modeling of infrastructure and others. The electrical engineering software are used for electrical analysis of current, voltage and power, digital simulation of circuits, and calculations for designing a practical electrical circuitry.

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The engineering software market is primarily driven by the rising demand for automation across several end-use industries. Additionally, the market growth is attributed to the wide adoption of integrated solution for designing and analysis of engineering system. Moreover, the rising demand for reducing errors, in order to save the operational cost by minimizing the scrap, is fuelling the growth of engineering software market. The market finds potential growth opportunities in the oil and gas industry and chemical industry due to the rising demand for process analytical solutions in these industries. In addition, the availability of engineering software on cloud is expected to boost the demand for engineering software over the coming years. Computer-aided engineering (CAE) software, Computer-aided designing (CAD) software, computer-aided manufacturing (CAM) software, product lifecycle management (PLM) software and building information modeling (BIM) software are the major categories contributing to the growth of engineering software market. The availability of portable devices and the compatibility of these devices with engineering software is further adding to the growth of the market. In addition, shifting trend form 2D solutions to 3D solutions provide potential growth opportunities for the manufacturing and designing industry. However, the high cost incurred in purchasing the license of the engineering software is posing challenge for the growth of engineering software market. In addition, the rising number of piracy cases in the software industry is hindering the growth of the market.

On the basis of geography, the market finds potential growth opportunities in emerging economies of Asia Pacific, Africa and Latin America. Countries such India, China, Japan and Korea are major contributors in terms of technology and the rising demand for automation solutions in these geographies is expected to grow the engineering software market over the coming years. Moreover, in the gulf countries the market finds potential growth opportunities in the oil and gas industry for process analysis and designing of automated systems for the industry. However, the lack of expertise for operating engineering software is hindering the growth of the market in this region.

Engineering software market is highly competitive, thereby pushing the companies to offer customized solutions to their customers, in order to differentiate their offering from the competitors. The key players offering engineering software are Integraph Corporation (Hexagon AB), Aveva Group Plc, Rockwell Automation, Inc., Autodesk, Inc., PTC, Inc., Nemetschek Vectorworks, Inc., Scada Systems Ltd., SmartDraw LLC, EasyPower LLC, Schneider Electric, Dassault Systemes, Seimens AG, Google Inc., Microsoft Corporation, Aspen Technology, Inc., Petroleo Brasileiro, S.A., KBC Advanced Technologies Plc, Honeywell International, Inc., Cranes Software International Ltd., SAP AG, Oracle Corporation, IBM Corporation, Devices Ltd., Corel Technology Pvt. Ltd, D’GIPRO Design Automation Pvt. Ltd. and Cypress Semiconductor Corporation.

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Global Telecom Expense Management Market - Industry Outlook and Forecast up to 2020

Telecom expense management is a solution whereby business organizations can effectively manage their telecom networks. Such a solution encompasses people, technologies and processes that are needed to govern the network. With the help of telecom expense management, it is possible to maintain an accurate inventory of all the network elements in an organization including server, wiring panels, laptops, cell phones and others. Also, using telecom expense management solutions it is possible to estimate future network costs by building the telecom budget in advance. Another advantage of the telecom expense management is that it enables indentifying the issues in the security infrastructure, thereby optimizing the existing network infrastructure.

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The telecom expense management is segmented on the basis of solutions into usage management, sourcing management, reporting and business management, ordering and provisioning management, invoice and contract management, inventory management and dispute management among others. On the basis of service delivery modes, the telecom expense management is segmented into complete outsourcing delivery mode, managed services delivery mode, licensed software and hosted services. The telecom expense management market is segmented on the basis of end-users into SMBs (Small and Medium Businesses) and Large Business organizations. On the basis of verticals, the telecom expense management market is segmented into manufacturing, healthcare, retail, BFSI (Banking Financial Services and Insurance), automotive, transportation and logistics, and media and entertainment among others. The telecom expense management market is segmented on the basis of regions into North America, Asia-Pacific, Europe and Rest of the World (RoW).

The increasing adoption of Bring Your Own Device (BYOD) is one of the major factors fuelling the growth of telecom expense management market. The employees today are taking the advantage of mobile phones and other portable devices in keeping themselves connected with the corporate network. This is also encouraged by business organizations as it enables employees to carry out work related tasks at their convenient locations thereby enhancing productivity and increase revenues. Such Business Organizations constantly look for solutions to address the issues associated with BYOD such as data security, plans and usages of individual BYOD device, application control and other business related policies. Telecom expense management solutions cost-effectively addresses changes in BYOD inventory such as monitoring individual device costs and their usage plans. It also helps in controlling application policies to avoid any illegal applications that affect the data security thereby contributing to the growth of the market. Another factor fuelling the growth of telecom expense management is increase in the demand for telecom expense management solutions in business organizations. Most of the business organizations are taking initiatives in reducing costs pertaining to communication networks. Telecom expense management enables business organizations to collect and analyze information by providing visibility in the expenses involved. It also enables organizations in effectively managing change processes related to inventory and service level on daily basis.

However, the interoperability issues with the telecom expense management solutions are adversely affecting the growth of this market. As the enterprises are becoming sophisticated in carrying out their operations using BYOD devices, telecom expense management solution efficiencies are affected in delivering high value functionality and interoperability with the Human Resource (HR) information systems and ERP. Such limitations restrict their use thereby restraining their growth potential.

Some of the major players in the market are Dimension Data Holdings, Vodafone Global Enterprise Limited, Valicom, Econom Group, Computer Sciences Corporation, CGI Group Inc., Accenture Plc., Tangoe Inc. and International Business Machines Corporation.

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Disaster Recovery As a Service Market - Industry Analysis and Global Forecast till 2020

Disaster Recovery(DR) as a Service provides organizations with a variety of cost-efficient ways to recover and replicate critical servers and data center infrastructure to the cloud environment in case of any disaster resulting in disruption of services. IT environments are becoming complex with greater mixes of virtual platforms, operating systems, storage and applications. As a result, the impacts on disaster recovery are cascading and growing exponentially. Virtually every company faces the risk of IT interruptions that can bring business to a standstill. Disaster Recovery-as-a-Service (DRaaS) offers business continuity across a range of organizations and their applications, by ensuring availability of IT infrastructure in an event of disaster.

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The market for disaster recovery as a service can be segmented based on storage capacity, types of recovery services, providers, organization size and end-use verticals. The different storage solutions and services can be segmented based on size into 1 TB and below, 1 TB - 10 TB, 10 TB and above. By type of disaster recovery services, the market includes services designed on following models - cloud to cloud disaster recovery model, self disaster recovery model and hardware to cloud disaster recovery model. The service providers can be segmented into cloud service providers, disaster recovery service providers, telecom/communications service providers (T/CSPs), and technology partners and suppliers. Organization size comprises of small office/ home office (SOHO), small and medium businesses (SMBs) as well as enterprises. The end-use verticals include E-commerce and web, banking, financial services and insurance (BFSI), manufacturing, academia, healthcare, government and others.

Some of the major forces driving the disaster recovery services market are factors such as low cost, virtualization, high level of automation, easy deployment, recovery, location independence, secure storage and backup, 24x7 support, management and control, along with high utility based dynamism. DRaaS is expected to replace IT infrastructure burden with cost effective and reliable solutions. Businesses of all sizes have steadily grown more dependent on their escalating IT infrastructures to help them automate, analyze and manage the strategies and operations in businesses. Online trading companies, airline reservations, web-site hosting providers, insurance-document imaging, financial databases or other computing systems are inseparably linked to the incessant availability of the services and data.

Cloud-based DR is poised to shake up the heritage approaches and offer aggravated infrastructure and operations (I&O) professionals, a great option. Disaster Recovery as a Service or DR on demand or DR as a cloud service model is becoming widely attractive solution among enterprises. The main reason for this is its pay-as-you-go pricing model that can lower operating costs drastically. Implementation of DRaaS with a virtualized cloud platform can be automated easily while minimizing the recovery time after a failure. The only challenge for the cloud service customers would be the choice of service provider along with the process of consulting, negotiating and implementing suitable service level agreements (SLAs).

The global market for DRaaS has been witnessing a rising demand from small and medium enterprises (SME) in implementing hybrid cloud disaster recovery services. However, customers are more concerned about security and privacy, in terms of cloud based DR implementation. An increasingly accepted solution is to lay both primary production and disaster recovery instances onto the cloud and let a managed service provider handle both of them. By doing this, businesses can eliminate the need for an on-premise infrastructure and also benefit from the low usage-based costs from the implementation of cloud computing.

Some of the key vendors in the market for disaster recovery as a service include Amazon Web Services Inc., Accenture plc, IBM Corp., EVault Inc., SunGard Data Systems Inc., Terremark Worldwide Inc., Allsteam Inc., CommVault Systems Inc., CenturyLink Inc., Hewlett-Packard Co., Microsoft Corp., and Rackspace Inc.

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Enterprise Telephony Market - Industry Analysis and Global Forecast 2014 – 2020

Telephony refers to the transmission of voice, fax and other information by using electronic means. Telephony equipment includes landline telephones, fax machines, computers, handheld devices such as mobile phones, laptops, tablets and others. In enterprise telephony, communication is accomplished over the intercom systems, internet protocol (IP) and others. Currently, with increasing sizes and areas of businesses across the world, communication amongst the colleagues becomes a crucial issue for the organizations. Enterprise telephony communication is used to provide a smooth flow of communication and a socialized environment among the colleagues in an organization. Telephony is used by various enterprises such as banks, financial institutions, manufacturing sector, education organizations and others to enhance the communication among the people for smooth workflow. Enterprise telephony facilitates real-time communication which enables the employees to make quick decisions.

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Government and healthcare sectors are the major consumers of the enterprise telephony solutions. In government sector, enterprise telephony is used to provide a common platform for communication between various departments in the government offices. In healthcare sector, efficient enterprise telephony plays an important role as it helps to make quick decisions. Furthermore, enterprise telephony is also used in educational institutes, transportation, banks, and other organizations as it helps to reduce costs of communication within the organization. Banks and financial institutions implement enterprise telephony to facilitate communication of their employees among various departments and branch offices. In education sector, enterprise telephony is used to establish communication in the organizations such as colleges, universities and other institutions. Moreover, it enhances the productivity of the organization due to reduced efforts for communication.

The enterprise telephony market can be segmented on the basis of technology, end-user and geographic regions. The enterprise telephony market can be further sub-segmented based on technology as IP private branch exchange (PBX), PBX, key telephone system (KTS) and wireless private branch exchange (WPBX). IP PBX is a system that is used for instant messaging, audio and video communication through the IP networks. PBX is telephone exchange system that provides communication between large numbers of telephones in the organization. A KTS is equipped with several keys to directly select incoming and outgoing lines using the intercom without any special operator. WPBX is a telephones system that uses cordless phones for communication. The end-users of the enterprise telephony market include banks, financial services and insurance (BFSI) sector, retail industry, government organizations and others. Furthermore, the market can be geographically segmented based on regions as North America, Europe, Asia Pacific and Rest of the World (RoW).

Rising urge for adoption of unified communication solutions is one of the most important factors driving the growth of enterprise telephony market. Additionally, increasing investment of the organizations such as hotels in enterprise telephony is another factor driving the market. Sectors such as BFSI, transportation, information technology (IT), retail and other business services are expected to pose significant demand for enterprise telephony in near future. Additionally, small and medium size businesses (SMB) are increasingly shifting towards enterprise telephony for enhancement of communication in their organizations. Moreover, introduction of advanced technology for communication such as voice over internet protocol (VoIP) is expected to significantly contribute to the growth of enterprise telephony market. However, intense competition and improper standards for the solutions are major factor hampering the market growth. Security of data and network infrastructure is another challenge faced by the vendors in the enterprise telephony market.

Some of the key players in enterprise telephony market include Cisco Systems Inc., NEC Corporation, Alcatel-Lucent, Microsoft Corporation, IBM Corporation, Microsoft Corporation and others.

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