Research conducted by Technavio reveals that the global business intelligence software market is expected to grow at a CAGR of 4.06 percent. The report, which focuses on the global market indicates, that the market is currently driven by the need for business intelligence software specifically among downstream segments among other factors. With industries such as manufacturing,…
Research conducted by Technavio reveals that the global RFID market is expected to grow at a CAGR of 26 percent. The report which focuses on the Americas, Europe and the Asia-Pacific indicates, that the market is currently driven by large investments being made by various governments across the world. Technavio analyst says, Several countries like…
Environmental awareness has increased among IT and Telecom equipment companies due to the substantial e-waste generated by these two industries. In the Telecom industry, the concept of recyclable Green Mobiles has been slowly catching up. Green mobiles are manufactured using recycled and biodegradable materials that reduce the overall carbon impact. The global recycled mobile market…
Companies in the retail industry want to truly understand buying behavior to drive sales and profitability. The gigantic amount of information being generated across the supply chain requires sophisticated tools for analysis. These factors have been encouraging the retail industry to invest in technologies such as business intelligence software. According to TechNavio, the market for…
The banking, financial services and insurance (BFSI) sector has been consistently driving the demand for financial applications. The industry uses financial performance and strategy management (FPSM) applications primarily for regulatory compliance and planning. These applications have been helping the banking sector respond faster to changes in the market without compromising on customer needs. The FPSM…
The global automobile industry has been shifting its focus from traditionally strong markets such as the US towards developing countries because of the increasing number of opportunities in this region. This trend has been visible in both production and sales of automobiles. IT vendors in particular have benefitted from this transition. Among the various technologies…
Many manufacturing companies are now adopting digital manufacturing for cost effective green technology solutions. Digital manufacturing aids the design of smaller plants resulting in considerable savings in time, money and resources such as water and electricity. Product life cycle management solutions in particular are rapidly being adopted. According to analysts at TechNavio Research, the digital…
Various initiatives by the Indonesian Government are driving IT growth in the region. The market™s 15% growth rate was primarily driven by tax benefits, waiver of import duty and increased investments by the government. Moreover strategies to counter attack low computer and internet penetration are expected to provide further impetus to market growth. The various government…
TechNavio, the market intelligence platform from Infiniti Research, announced the launch of its report Deep Packet Inspection Market 2010-2015. Globally, Internet Service Providers are facing the challenge of bandwidth management due to the proliferation of high bandwidth consuming applications and increased security threats from advanced data-driven cyber-attacks. Deep Packet Investigation (DPI) technologies based devices and…
Despite increased adoption of speech recognition applications, this market still has immense opportunities to tap. Estimates show that only about 15-20 percent of the market potential has been used so far. With speech recognition increasingly replacing several manual processes, it is expected to see exponential growth at various enterprise levels. Improving accuracy and adaptability of…
