Engineering Services Outsourcing Market Report includes Regulatory Scenario and Expected Developments

Global Engineering Services Outsourcing Market is expected to reach USD 415.74 billion by 2020. Rising cost pressures on firms leading to constrained R&D budgets is expected to be a primary growth driver for the industry. Companies prefer to outsource the service as it enhances efficiency, improves processes, lowers time to market products. In addition, it yields cost advantages which in turn relates to profit maximization. In addition, dynamic consumer buying behavior leading to shorter product life cycle is projected to fuel market growth.

High competition among leading companies has given rise to cost reduction across companies in several industries including consumer electronics and automotive. In order to reduce costs, companies have initiated augmenting their capabilities by utilizing outsourced IT services. This further leads to cost minimization thus benefiting the company in the long run. Outsourcing engineering services allow businesses to get the most out of constrained budgets and focus on more critical issues. However, the threat of intellectual property theft is expected to hinder industry growth.

Demand for engineering services outsourcing in telecom sector accounted for over 19% of the overall market in 2013. Growing dominance of telecom sector is attributed to the integration of business and operations support systems which require significant back-end equipment and expertise by the telecom industry.

Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/engineering-services-outsourcing-market

Increasing demand for consumer electronic products has resulted in leading companies expanding their service portfolio. However, smaller market players owing to their cost constraints heavily rely on engineering services outsourcing to cater growing demand. As a result, the segment is expected to witness the highest growth among other application over the projected period. Key engineering services required for manufacturing these consumer electronic devices such as embedded software development, design & testing, and development & testing are increasingly outsourced to ESO vendors, thus driving industry growth.

Asia Pacific demand for engineering services outsourcing was valued at over USD 44 billion in 2013 and is expected to experience substantial growth over the forecast period. Growth can be attributed to strong manufacturing base in the region and presence of a large talent pool. Emerging economies including India and China are projected to be leading growth in the region.
Europe is expected to grow at a CAGR of more than 25% over the period of six years owing to a high inclination among European firms to outsource engineering activities with the same country or within western European nations to ensuring regulatory compliance.

Key players in the industry include Tata ELXSI, QuEST Global, HCL Technologies Ltd, Tata Consultancy Services, Wipro, MindTree Ltd., and Infosys Ltd. Other companies include Aricent Group, VanceInfo Technologies Inc., Corp., Infotech Enterprises Ltd., Global Logic, EPAM Services, Cybage Software Pvt. Ltd., KPIT Cummins Infosystems Ltd., IGATE, and Calsoft Labs.

View all Reports from same Category by Grand View Research: http://www.grandviewresearch.com/industry/communication-services 

Grand View Research has segmented the global engineering services outsourcing market on the basis of end-use and region:

ESO End-Use Outlook (Revenue, USD Billion, 2012 - 2020)
            • Aerospace
            • Automotive
            • Construction
            • Consumer Electronics
            • Semiconductors
            • Pharmaceuticals
            • Telecom
            • Others
ESO Regional Outlook (Revenue, USD Billion, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW
 
About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us@ www.grandviewresearch.com

Encryption Software Industry Report includes Regulatory Scenario and Expected Developments

Global Encryption Software Market is expected to reach USD 8.402.9 million by 2024, according to a new study by Grand View Research, Inc. Organization vulnerabilities are on a rise with enterprises working through the disaggregated point solutions and a multitude of management platforms, which is anticipated to drive the encryption software market over the forecast period.

Encryption software enables the protection of confidentiality of the information stored in the database and data in transit as per the compliance and security requirements of any organization. This renders the data unreadable even to the authorized person, thereby enhancing the security of confidential data. Publicized data loss together with new governance and compliance regulations is expected to drive the need for customers to encrypt data. Organizational best practices point towards data encryption as a key solution for data privacy. However, the lack of budget is the key reason cited by organizations for being unable to make extensive investments in encryption solutions and this is presumed to challenge the industry demand.

Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/encryption-software-market

Further key findings from the study suggest:

• The BFSI segment is anticipated to witness a healthy demand and penetration as these institutions are aggressively and proactively adopting these software solutions to secure confidential and sensitive information. The segment captured over 25% of the overall revenue share in 2015 and is anticipated to witness growth at a CAGR exceeding 16% from 2016 to 2024.
• In 2015, the on premise deployment segment accounted for over 60% of the market share. The segment is expected to witness a substantial growth over the forecast period. This is ascribed to the growing need to minimize the scope of compliance audits along with avoiding public disclosures after a data breach.
• The disk encryption segment is anticipated to experience a growth at a CAGR exceeding over 15% from 2016 to 2024. This healthy growth is accredited to the increasing adoption of the disk coding software to secure desktop and laptops by encrypting all the data at rest on a hard drive.
• Europe is estimated to witness a modest growth over the forecast period, which is primarily attributed to the recovering economy resulting in demand across several end-use industries including retail, BFSI, manufacturing, healthcare, and telecom. The IT upgrades in the existing infrastructure are anticipated to spur the product demand over the next eight years.
• The industry is fragmented in nature with the presence several new and well-established players. A few notable players in the market include Bloom base, Microsoft Corporation, Symantec Corporation, Intel Security (McAfee), Sophos, Check Point Software Technologies, EMC Corporations, and Cisco Systems, among others. Since the industry is dynamic in nature with enterprises having to deal with several data security issues, companies focus on continuous product development in compliance with regulatory standards and evolving end-use requirements.

View Research Insight on Encryption Software by Grand View Research: http://www.grandviewresearch.com/research-insights/encryption-software-market-insights-brand-reputation-privacy-concerns-key-drivers 

Grand View Research has segmented the global encryption software market on the basis of deployment, application, end-use, and region:

Deployment Outlook (Revenue, USD Million, 2013 - 2024

• On-premise
• Cloud-based

Application Outlook (Revenue, USD Million, 2013 - 2024)

• Disk Encryption
• File/Folder Encryption
• Database Encryption
• Web Communication Encryption
• Network Traffic Encryption
• Cloud Encryption
• Others

End-Use Outlook (Revenue, USD Million, 2013 - 2024)

• BFSI
• Healthcare
• Retail
• Government & Public Administration
• Telecom
• Defense & Aerospace
• Education
• Manufacturing

Regional Outlook (Revenue, USD Million, 2013 - 2024)
North America

• U.S.
• Canada

Europe

• Germany
• UK
• France

Asia Pacific

• China
• India
• Japan

Latin America

• Brazil
• Mexico

Middle East & Africa
 
About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us@ www.grandviewresearch.com

Emission Control Catalyst Market Segmentation by Product, Application and Region

Global Emission Control Catalyst Market is expected to reach USD 11.09 billion by 2024, according to a new report by Grand View Research, Inc. Improving application of three-way oxidation-reduction converters in automotive applications is expected to drive market growth. Stringent environment regulations aimed at reducing carbon emissions in the major markets including U.S., Germany, India and Japan is projected to have a favourable impact on the market over the forecast period.

Increasing energy requirement from household and industrial sectors emerging economies including China and India coupled with favourable policies for the implementation of solutions to reduce emission is expected to fuel the demand for catalysts.

The automotive sector is expected to foresee growth at a CAGR of 4.3% from 2016 to 2024, in terms of volume. The emergence of Mexico as an automotive production destination on account of rising domestic demand for passenger and commercial vehicles along with proximity to the U.S. is expected to increase the application of emission reduction catalyst over the next eight years.

Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/emission-control-catalyst-market

Further key findings from the report suggest:

• Global emission control catalyst demand was 1,978.0 kilo tons in 2015 and is anticipated to reach 2,900.4 kilo tons by 2024, expanding at a CAGR exceeding 4.0% from 2016 to 2024
• Rhodium-based emission reduction catalyst is expected to foresee growth at a CAGR of 4.3% from 2016 to 2024. Natural adaptive features with other metals including platinum and palladium coupled with high market visibility in the catalyst industry is expected to promote the usage of the product.
• Industrial applications contributed to 15.1% of the global volume share in 2015. Rapid industrialization, particularly in emerging economies of Asia Pacific and Latin America, coupled with rising awareness regarding ecology preservation is expected to bolster the demand for emission control catalyst over the forecast period.
• Latin America is projected to foresee volume growth at a CAGR of 4.2% from 2016 to 2024. The presence of numerous oil & gas production facilities in Brazil and Venezuela in light of the high prevalence of offshore petroleum basins is expected to promote the number of installations of power plants. This factor is expected to drive the Latin America emission control catalyst market over the next eight years.
• Major emission control catalyst manufacturers include Johnson Matthey, BASF, Solvay, Umicore, Clariant and Corning Incorporated. Increasing expenditure on R&D and establishment of strategic partnerships with buyers including catalytic converter vendors is expected to remain a critical success factor over the next eight years.

View all Related Reports from same Category: http://www.grandviewresearch.com/industry/catalysts-and-enzymes 

Grand View Research has segmented the global emission control catalyst market by product, application and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Palladium
• Platinum
• Rhodium
• Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Automotive
• Industrial
• Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
North America

• U.S.
• Canada
• Mexico

Europe

• Germany
• UK
• France
• Italy
• Russia

Asia Pacific

• China
• Japan
• India
• South Korea

Latin America

• Brazil

MEA
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us@ www.grandviewresearch.com

Medical Device Analytical Testing Outsourcing Market Segmented on the basis of Services and Region

Global Medical Device Analytical Testing Outsourcing Market is expected to reach USD 8.3 billion by 2025, according to a new report by Grand View Research, Inc. A large number of medical device companies outsource analytical testing operations to minimize business risks, hasten product market entry, and reduce costs. These lead to significant rise in expenditure levels and, therefore, medical device original equipment manufacturers rapidly switch to outsourcing as one of the effective cost curbing tool.

Implantable Medical Devices (IMDs) are being used increasingly in order to improve patients’ health outcome. Designers of IMDs have to balance complexity, reliability, power consumption, and costs. Consequently, companies are shifting their focus to innovation rather than noncore activities and, therefore, outsourcing these activities to launch efficient devices. All these factors are expected to increase the medical device outsourcing market over the forecast period.

In this complex ecosystem, it is necessary for equipment to provide accurate results, to have durability, and easy operation. To match these parameters, devices now have to undergo shear testing in accelerated conditions to obtain marketing approval and have competitive advantage. Conducting these in-house is matter of time, labour, and cost; outsourcing these tests helps overcome these limitations.

Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/medical-device-analytical-testing-outsourcing-market

Further key findings from the study suggest: 

• Material characterization dominated the market in 2015 and is likely to grow at a lucrative rate during the forecast period
• Other tests that are inclusive of cleaning, reprocessing, method development & validation, accelerated stability testing, biocompatibility, validation testing for packaging materials (container closure permeation), and transport stability are also anticipated to witness rewarding growth.
• North America is likely to witness lucrative growth which is attributed to the fact that it is one of the top manufacturing hubs of highly reliable, complex, and high-end medical devices.
• Some of the key players operating in this space are SGS SA; Toxikon, Inc.; Eurofins Scientific; Pace Analytical Services, LLC; Intertek Group plc; WuXi AppTec.; NORTH AMERICAN SCIENCE ASSOCIATES INC.; Envigo; Charles River Laboratories International Inc.; and Medical Device Testing Services

View blog on Medical Device Analytical Testing by Grand View Research: http://www.grandviewresearch.com/blog/medical-device-analytical-testing-outsourcing-services-market-size-share 

Grand View Research has segmented the global medical device analytical testing outsourcing market on the basis of services and region:

Medical Device Analytical Testing Outsourcing Services Outlook (Revenue, USD Million, 2014 - 2025)

• Extractable & Leachable
• Material Characterization
• Physical Testing
• Bioburden Testing
• Others

Medical Device Analytical Testing Outsourcing Regional Outlook (Revenue, USD Million, 2014 - 2025)
North America

• U.S.
• Canada

Europe

• Germany
• UK

Asia Pacific

• Japan
• China

Latin America

• Brazil
• Mexico

Middle East and Africa (MEA)

• South Africa

 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us@ www.grandviewresearch.com

Internet of Things Market Regulatory Scenario and Expected Developments 2015-2022

Internet of Things (Iot) Market was worth USD 605.69 billion in 2014 owing to rising requirement for internet connectivity worldwide coupled with technological advancements. The emergence of start-ups in different industries to satisfy growing need of consumers is anticipated to result in increasing venture capital investments. The market is estimated to grow at 15.2 % to reach over USD 1.88 trillion by 2022.

IoT market is projected to increase at a significant pace on account of its ability to improve efficiency and enable new services. IoT connects devices including industrial equipment and consumer electronics through a network that allows users to gather information and manage devices via software. Key factors that are expected to propel future growth include improving connectivity and internet access, data processing requirements and decreasing costs of internet enabled sensors. In addition, the market is likely to witness significant growth opportunities over the forecast period owing to increase in demand for gadgets such as wearable devices and futuristic elements including connected homes, vehicles, and cities coupled together with industrial internet of things (IIoT)

Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/iot-market

The absence of universally accepted standards that give rise to security and privacy issues are expected to hamper growth in the industry. Moreover, the introduction of stringent rules and regulation in the U.S and Europe to tighten data security and privacy for internet users are anticipated to restrict further market growth.

The global IoT market was dominated by device segment comprising of sensors and modules and contributed to over 30.0% of the overall market in 2014. The device segment is projected to witness significant growth opportunities through introduction of innovative IoT platforms as a substitute for competitor devices such as HomeKit by Apple Inc and Brillo by GoogeInc

A significant revenue share in the IoT market is anticipated to be occupied by the consumer electronics application segment followed by manufacturing and retail. The introduction of new concepts such as connected cars in the transportation sector is expected to propel demand for IoT over the forecast period. In 2014, about 25.0% of the overall industry was acquired by this segment.

Emerging economies such as Japan, India and China are expected to be the key drivers of IoT industry on account of manifestation of major component and technology manufacturers such as Huawei and Samsung coupled with the potential for the high-speed broadband internet. Asia Pacific is thereby projected to grow at a CAGR of approximately 16.0% over the next seven years.

IoT is a dynamic market majorly fuelled by new product developments and enhancements in technology. Organizations are focussing on investing in IoT divisions, innovation labs, and R&D to obtain the first-mover advantage to expand globally and mark their presence. Key companies include major telecom and technology giants such as Alcatel-Lucent, Accenture PLC, Google Inc., Apple Inc., General Electric, IBM, Freescale Semiconductors, SAP SE and Samsung Electronics.

View Blog on IoT (Internet of Things) Market by Grand View Research Report: http://www.grandviewresearch.com/blog/iot-bright-hope-healthcare-consumers 

Grand View Research has segmented the global IoT market on the basis of component, application and region:

IoT Component Outlook (Revenue, USD Billion, 2012 - 2022)

• Devices
• Connectivity
• IT Services
• Platforms

IoT Application Outlook (Revenue, USD Billion, 2012 - 2022)

• Consumer Electronics
• Retail
• Manufacturing
• Transportation
• Healthcare
• Others

IoT Regional Outlook (Revenue, USD Billion, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us@ www.grandviewresearch.com

Asia Pacific Hospital Information Systems (HIS) Market is projected to be the fastest growing market with a CAGR of 11.7%

Global Hospital Information Systems (HIS) Market is expected to reach USD 39.7 billion by 2025 according to a new report by Grand View Research, Inc. The growing demand to reduce the wastage of healthcare budgets, minimize the risk of errors, and streamline the workflow of hospitals for improved outcomes are the key contributors to the market expansion.

There is a paradigm shift from traditional approach of paper-based manual operations to paperless IT-based solutions in hospital management. The growing number of government initiatives across the globe is accelerating the deployment of such technology. In 2016, the National Governors Association Center for Best Practices Health Division published a roadmap with an aim of improving the exchange of critical health data across different health entities.

The IT companies and healthcare organizations are collaborating at a greater level to develop high utility services and products to improve overall hospital administration. For instance, IBM and Cleveland Clinic have announced their 5-year agreement to expand Cleveland Clinic’s health IT technologies. Another example is partnership between Hospira and Latric Systems to work toward developing two-way communication between EMRs and Hospira's smart infusion pumps.

Technological advancements such as adoption of EHR, eHealth platforms, cloud computing, Picture Archiving and Communication System (PACS), Radiology Information Systems (RIS), web-based technology, Software as a Service (SaaS) are gaining momentum in the medical sector.

Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/hospital-information-systems-his-market

Further Key Findings from the Study Suggest:

• In 2015, cloud-based technology was the dominating segment owing to cost considerations and data storage capacity
• Software segment was the leading segment in 2015 due to growing need for IT infrastructure in hospital management
• North America dominated the market in 2015. The U.S. is the largest market in North America due to the high adoption of such systems as a result of government initiatives and sophisticated healthcare facilities
• Asia Pacific is expected to be the fastest growing owing to the improving infrastructure in the emerging economies, increasing government spending on healthcare, and rising adoption of advanced technologies
• The market dynamics indicate the presence of strong competition amongst the key players like Carestream Health; GE Healthcare; Philips Healthcare; Cerner Corporation; NextGen Healthcare; Merge Healthcare (IBM), and many others

View Blog on Hospital Information Systems Market by Grand View Research Report: http://www.grandviewresearch.com/industry-analysis/hospital-information-systems-his-market 

Grand View Research has segmented the hospital information systems (HIS) market by delivery mode, component, and region:

HIS Delivery Mode Outlook (Market revenue in USD Billion, 2016 - 2025)

• Cloud-Based Technology
• On-Premises Installation
• Web-Based Technology

HIS Component Outlook (Market revenue in USD Billion, 2016 - 2025)

• Software
• Hardware
• Services

HIS Regional Outlook (Market revenue in USD Billion, 2016 - 2025)
North America

• U.S.
• Canada

Europe

• Germany
• UK

Asia Pacific

• Japan
• China

Latin America

• Brazil
• Mexico

MEA

• South Africa

 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us@ www.grandviewresearch.com

Collision Avoidance System Market Variables, Trends and Scope 2014-2025

Global Collision Avoidance System Market is expected to reach USD 18.97 billion by 2025, according to a new study conducted by Grand View Research, Inc. The updated ratings of safety agencies and incorporation of anti-collision systems in mass-market models are expected to propel the market growth over the next six years.

The increasing awareness among consumers and extensive R&D by market players have fuelled the market growth. Collision avoidance systems enable vehicles to carry out semi-autonomous and autonomous decision-making. The rising need for security from consumers and governments is also expected to drive the collision avoidance systems market growth.
The recent developments in the sensor technology are oriented toward making highly sophisticated devices and augmenting them with various parts of an automobile. Anti-collision systems enable automotive OEMs to integrate additional intelligence to achieve the goal of an autonomous car.

Strict legal and regulatory standards have mandated the inclusion of sensors in motor vehicles. This is further estimated to drive the collision avoidance systems market. However, the high costs of long-range radars and LiDAR-based systems may restrain the market growth as low-price carmakers may abstain from adding onto the cost of vehicles.

Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/collision-avoidance-system-market

Further key findings from the study suggest:

• Radar-based systems accounted for over 41% of the global market in 2015. The segment is further expected to gain market share over the forecast period.
• The reducing prices of radars have led to the increased adoption of the technology by various automotive OEMs
• Camera-based collision avoidance systems are expected to witness high growth, owing to the government regulations mandating their incorporation into vehicles
• Adaptive cruise control accounted for a major market share in 2015. Such systems rely on long-range and medium and short-range radar systems to automatically adjust a vehicle’s speed.
• Technological innovations may mandate the incorporation of systems in vehicles to counter the threat of accidents due to human errors, which account for 90% of accidents, according to a 2014 UN Road Safety Collaboration study
• Europe is expected to continue to lead the market over the forecast period. It accounted for over 33% of the market in 2015.
• The key industry participants include Bosch, Continental, Delphi, Denso, Autoliv, and TRW, among others

View Related Blog on Collision Avoidance System Market by Grand View Research Report: http://www.grandviewresearch.com/blog/collision-avoidance-systems-market-size-share 
 
Grand View Research has segmented the global collision avoidance system market based on technology, application, and region:

Collision Avoidance System Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Radar
• Camera
• Ultrasonic
• LiDAR

Collision Avoidance System Application Outlook (Revenue, USD Million, 2014 - 2025)

• Adaptive Cruise Control (ACC)
• Blind Spot Detection (BSD)
• Forward Collision Warning System (FCWS)
• Lane Departure Warning System (LDWS)
• Parking Assistance
• Others

Collision Avoidance System Regional Outlook (Revenue, USD Million, 2014 - 2025)
North America

• U.S.
• Canada

Europe

• Germany
• France

Asia Pacific

• China
• Japan
• India

Latin America

• Mexico
• Brazil

The Middle East and Africa
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us@ www.grandviewresearch.com