Application Security Market Is Anticipated To Growing at a CAGR of 17.7% by 2025

Global Application Security Market is expected to reach USD 10.7 billion by 2025, according to a new report by Grand View Research, Inc. Increasing targeted attacks on the applications is anticipated to be a major factor that is expected to drive market growth. In addition, BYOD adoption in the organizations that are deploying application security services and solutions to protect against potential threats has contributed to the market demand.

DAST (Dynamic Application Security Testing) is expected to significantly contribute to the market revenue, with a market size of over USD 4 billion by 2025. It delivers various advantages that include comprehensive vulnerability coverage, false positive reduction, entire code coverage that comprises the frameworks and libraries, and zero process disruption.

Web application solution was the largest application security market in 2015 valued at USD 1.75 billion and is expected to observe declining growth over the forecast period. Mobile application solution market is expected to grow at a CAGR of 25.9% from 2016 to 2025.

Government agencies hold, access, and manage large amounts of sensitive data. The government and defense vertical, currently is susceptible to major cyber-attacks and security breaches. According to Veracode report, three out four application used by government agencies does not meet basic security compliances thereby by creating high opportunity for market vendors. The market for government and defense segment is expected to grow at a CAGR of 18.3% between 2016 to 2025. The market is also anticipated to witness a substantial growth in the BFSI vertical, IT and telecom and healthcare over the forecast period.

Full Research Report on Global Application Security Market Analysis:
http://www.grandviewresearch.com/industry-analysis/application-security-market

Further key findings from the report suggest:

• The application security market accounted for USD 2.05 billion and is expected to grow at a CAGR of 17.7% from 2016 to 2025
• Web application security emerged as the largest segment in 2015 and is expected to leverage machine learning to catalyze growth opportunities
• The application security market size in large enterprises was value USD 1.25 billion in 2015 and is anticipated to witness substantial growth over the next nine years
• The U.S. managed services market was valued as USD 478.5 million in 2015 and is expected to gain traction owing to strong compliance requirements
• The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments, especially in the mobile application security market. The regional market is expected to grow at a CAGR of 24.9% from 2016 to 2025
• Key players including IBM, Hewlett Packard Enterprise, Qualys Inc., Veracode and WhiteHat Security dominated the market while accounting 50% share of the total market in 2015

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/network-security-software-and-services

Grand View Research has segmented the Global Application Security Market on the basis of solution, services, testing, deployment, organization size, end-use and region:

Application Security Solution Outlook (Revenue, USD Million, 2014 - 2025)

• Web application security
• Mobile application security

Application Security Services Outlook (Revenue, USD Million, 2014 - 2025)

• Managed
• Professional

Application Security Testing type Outlook (Revenue, USD Million, 2014 - 2025)

• Static Application Security Testing (SAST)
• Dynamic Application Security Testing (DAST)
• Interactive Application Security Testing (IAST)
• Runtime Application Self-Protection (RASP)

Application Security Deployment Outlook (Revenue, USD Million, 2014 - 2025)

• Cloud
• On-premise

Application Security Organization size Outlook (Revenue, USD Million, 2014 - 2025)

• Small and medium enterprise
• Large enterprise

Application Security End-Use Outlook (Revenue, USD Million, 2014 - 2025)

• BFSI
• Government and defense
• Healthcare
• IT & Telecom
• Manufacturing
• Retail
• Others

Application Security Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• UK
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Rest of APAC
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa 

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-application-security-market     

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

Commercial Flooring Market Is Expected To Expanding At A CAGR Of 6.0% From 2017 To 2025

Global Commercial Flooring Market is expected to reach approximately USD 47.69 billion by 2025, according to a new report conducted by Grand View Research, Inc. Increasing number of corporate offices in emerging economies including China, India, and Mexico on account of regulatory inclination to promote the manufacturing output on a domestic level is expected to remain a key driving factor over the next eight years.

Furthermore, rising government spending towards improving education infrastructure through implementation of new schemes including Padhe Bharat Badhe Bharat and Utkarsh Bangla Scheme is expected to have a strong impact. These factors are considered to influence the consumption of construction materials including floor coverings in education sector and hence boost their market growth.

Education segment is expected to foresee volume growth at a CAGR of 5.9% from 2017 to 2025. Growing importance of modular tiles in education spaces for providing moisture resistance and excellent dust control characteristics is projected to have a positive impact on industry. In addition, high market visibility of carpets in developing countries including China and India on account of the presence of large number soft covering manufacturers on a domestic level is projected to have a positive impact.

Full Research Report on Global Commercial Flooring Market:
http://www.grandviewresearch.com/industry-analysis/commercial-flooring-market

Further key findings from the report suggest:

• The global commercial flooring market was 4,680.0 million square meters in 2016 and is expected to reach 7,903.4 million square meters by the end of 2025, expanding at a CAGR of 6.0% from 2017 to 2025.
• Wood & laminates are expected to foresee revenue growth at a CAGR of 7.0% from 2017 to 2025. Engineered wood, alternately called as composite wood consist of a number of wood products manufactured by binding particles, fibers, veneers, and strands of wood, which are joined with adhesives to form composite materials. These products are modeled to supreme design requirements as per the specifications of end user or client and are tested to meet international and national standards
• Asia Pacific is projected to foresee volume growth at a CAGR of 6.9% from 2017 to 2025. Regulatory support aimed at promoting investments in manufacturing sectors of China and India is expected to increase the number of commercial spaces and thus likely to fuel the demand for floor covering in the near future.
• Key commercial flooring manufacturers include Mannington Mills, Tarkett, Flowcrete, James Halstead, Nora, Milliken Floor Covering, Novalis, Tajima, Tkflor, NOX Corporation, and Toli flooring. Product innovation through introduction of new designs is expected to remain a key critical success factors for floor covering vendors.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Grand View Research has segmented the Global Commercial Flooring Market on the basis of product, application, and region:

Commercial Flooring Product Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)

• Soft Coverings

·         Soft covering market by application

§  Healthcare

§  Education

§  Leisure & Hospitality

§  Retail

§  Commercial Buildings

§  Public Buildings

·         Resilient Flooring

·         Resilient flooring market by application

§  Healthcare

§  Education

§  Leisure & Hospitality

§  Retail

§  Commercial Buildings

§  Public Buildings

·         Non-resilient Flooring

·         Non-resilient flooring market by application

§  Healthcare

§  Education

§  Leisure & Hospitality

§  Retail

§  Commercial Buildings

§  Public Buildings

·         Seamless Flooring

·         Seamless flooring market by application

§  Healthcare

§  Education

§  Leisure & Hospitality

§  Retail

§  Commercial Buildings

§  Public Buildings

·         Wood & Laminates

·         Wood & laminates flooring market by application

§  Healthcare

§  Education

§  Leisure & Hospitality

§  Retail

§  Commercial Buildings

§  Public Buildings

Commercial Flooring Application Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)

·         Healthcare

·         Education

·         Leisure & Hospitality

·         Retail

·         Commercial Buildings

·         Public Buildings

Commercial Flooring Regional Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Ireland
• Belgium
• Turkey
• Asia Pacific
• China
• India
• Hong Kong
• Singapore
• Japan
• Central & South America
• Middle East & Africa (MEA)

Access Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/commercial-flooring-market           

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: www.grandviewresearch.com

Commercial Drone Market Is Expected To Grow At A CAGR Of 16.9% Over The Forecast Period 2012-2022

Global Commercial Drone Market size is expected to reach USD 2.07 billion by 2022, according to a new report by Grand View Research, Inc. Increased utility in law enforcement and agricultural applications is expected to play a pivotal role in market growth over the forecast period. Having made their presence felt in the military sector, these Unmanned Aerial Vehicles (UAVs) have gradually gained prominence in the commercial sector and are foreseen to surpass the growth observed in the former.

Prominent retailers and e-commerce players have experimented the use of drones to deliver packages to consumers in a much shorter duration as compared to the traditional delivery media. The use of drones for retail is pending government approval, particularly in the U.S. Once regulatory clearance is obtained, drones are expected to revolutionize the retail sector.

Full Research Report on Global Commercial Drone Market:
http://www.grandviewresearch.com/industry-analysis/global-commercial-drones-market

Further key findings from the study suggest:

• Government applications which include law enforcement, infrastructure, and research & development contributed to over 40% of the market revenue in 2014. Commercial drones have garnered importance in search and rescue missions, scientific research, and mapping. Agriculture is expected to emerge as a lucrative application sector over the forecast period. These UAVs aid farmers by taking snapshots of a vast array of fields and providing crucial data pertaining to soil and crops, thereby assisting in crop management. Use of UAVs in retail is expected to transform the industry dynamics and is foreseen to positively shape market growth.
• Rotary blade drone accounted for over 75% of the market share in 2014. Its popularity can be attributed to the fact that it is capable of flying in every direction as well as hovering in a fixed position, which its fixed wing counterparts cannot achieve. Fixed wing drone is more suited for aerial mapping, undertaking topographic surveys, and terrain modeling of larger areas which include stockpiles & mine sites.
• North America contributed to over 55% of the global revenue in 2014, which can be attributed to high production and increased use in law enforcement and agricultural activities. The regulatory scenario is Europe is more conducive to market growth as opposed to the U.S., which is expected to play a pivotal role in high penetration of commercial drones in Europe. Asia Pacific stands to witness high proliferation of commercial UAVs over the forecast period. Countries such as Japan and Australia have emphasized on the use of UAVs in agriculture.
• Key market participants include Parrot SA, The Boeing Company, Textron Inc., Northrop Grumman, Lockheed Martin Corporation, Israel Aerospace Industries, General Atomics, Elbit Systems Ltd., DJI, BAE Systems PLC, and AeroVironment Inc. Strategic alliances with government agencies and collaborations with prominent technology providers are some of the strategic steps taken by market players to gain a foothold in the industry.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

For the purpose of this study, Grand View Research has segmented the Global Commercial Drone Market on the basis of product, application, and region:

Commercial Drone Product Outlook (Revenue, USD Million, 2012 - 2022)

• Fixed wing
• Rotary blade
• Nano
• Hybrid

Commercial Drone Application Outlook (Revenue, USD Million, 2012 - 2022)

• Agriculture
• Energy
• Government
• Media & Entertainment
• Others

Commercial Drone Regional Outlook (Revenue, USD Million 2012 - 2022)

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

Access Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/commercial-drone-market          

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: www.grandviewresearch.com

Colored PU (Polyurethane) Foams Market Is Anticipated To Growing At A CAGR Of 5.0% From 2015 To 2022

Global Colored PU (Polyurethane) Foams Market is expected to reach USD 20.33 billion by 2022, according to a new report by Grand View Research, Inc. The market is expected to be driven by increasing developments in electronic appliances, automotive, footwear and packaging industries. Growing demand for high performance materials from automotive industry is expected to drive global colored PU foams market over the forecast period. Increasing construction spending in Asia Pacific is also expected to have a positive influence on the market growth. Volatile MDI/TDI prices are expected to challenge market profitability.

Flexible colored PU foams were the leading product segment and accounted for over 55% of total market volume in 2014. They are widely used for cushioning applications mainly in furniture & interiors and packaging industries. Rigid PU foams are expected to witness the highest growth of 5.2% from 2015 to 2022. Growing demand for insulation products across automotive and construction industries is expected to drive this segment over the forecast period.

Full Research Report on Global Colored Polyurethane (PU) Foams Market Analysis:
http://www.grandviewresearch.com/industry-analysis/colored-polyurethane-pu-foams-market

Further key findings from the report suggest:

• Global colored PU foams market demand was 4.43 million tons in 2014 and is expected to reach 6.56 million tons by 2022, growing at a CAGR of 5.0% from 2015 to 2022.
• Furniture and interior was the leading application segment with demand share exceeding 25% in 2014. Rapid urbanization particularly in Asia Pacific and parts of Middle East & Africa has prompted demand for furniture and interior products. This surge in demand is directly proportional to growth of colored PU foams.
• Electronic appliances are expected to witness the highest growth of 5.7% from 2015 to 2022. Growing consumer preferences for efficient and high strength appliances is expected to drive this segment over the forecast period.
• North America was the leading regional market with demand share estimated at 35.4% in 2014. Developed application industries particularly in the U.S. coupled with growth of automotive and construction industries in Mexico are expected to drive the regional growth. Asia Pacific is expected to witness the highest growth of 5.2% from 2015 to 2022.
• Global industry is highly fragmented in nature. Small and medium sized industry participants covered more than 70% of market share in 2014. The market is expected to attract huge number of companies owing to introduction of bio-based raw materials.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers

Grand View Research has segmented the Global Colored Polyurethane (PU) Foams Market on the basis of product, application and region:

Global Colored Polyurethane (PU) Foams Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Rigid colored PU foams
• Flexible colored PU foams

Global Colored Polyurethane (PU) Foams Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Furniture and interiors
• Construction
• Electronic appliances
• Automotive
• Footwear
• Packaging
• Others

Global Colored Polyurethane (PU) Foams Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• RoW

Access Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-colored-pu-foams-market         

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: www.grandviewresearch.com

Oil Spill Management Market Size Is Likely To Reach $177.63 Billion By 2025

Global Oil Spill Management Market is expected to reach USD 177.63 billion by 2025, according to a new report by Grand View Research, Inc. Globally increasing onshore and offshore drilling activities are the major factor driving the market growth. Rising oil spill incidents from past five years along with strict environmental regulations are anticipated to remain a key factor for the global market. Moreover, increase in the marine oil & gas transportation globally is also projected to have a positive impact on market growth.

Stringent government regulations are formed particularly in the Europe and North America for installing safety devices & technologies during drilling and transportation of crude oil. This has resulted in the growth of market regions. The increase in the pipeline and tanker transportation of petroleum products is also anticipated to increase the growth for various oil spill management technologies. In addition, increasing investment in R&D activities by key market players for rapid and efficient oil-spill cleaning is anticipated to drive the market growth over the next nine years.

Skimmers post oil-spill response technique emerged as the major technology segment in the year 2015. The method involves the usage of weir skimmers, oleophilic skimmers, and non-oleophilic skimmers to clean up an oil spill. Strict oil & gas transport regulation along with rising concern regarding product losses in maritime trade is anticipated to positively impact market growth.

Full Research Report on Global Oil Spill Management Market:
http://www.grandviewresearch.com/industry-analysis/oil-spill-management-market

Further key findings from the report suggest:

• The global pre-oil spill management market was worth USD 100.66 billion in 2015. The market is expected to grow at an anticipated CAGR of 3.2% from 2016 to 2025.
• Pipeline leak detection pre-oil spill technology is expected to be the fastest growing segment and is projected to grow at a CAGR of 4.1 from 2016 to 2025
• Increasing environmental concern regarding oil spill impacts for instance water contamination and soil fertility is anticipated to drive various innovations to develop efficient systems and technologies that would inform exact location of pipeline leakages
• Chemical recovery accounted for over 19% of the total response technology market in 2015. The method involves use of dispersing agents, and gelling agents for efficient clean up.
• North America was the largest oil spill management market in 2015. It is expected to gain share on account of increasing E&P activities particularly in the deep sea.
• National Oilwell Varco, Cameron International Corporation, Fender & Spill Response Services L.L.C., Ecolab Inc., SkimOil, Inc., Hyundai Heavy Industries Co., Ltd., CURA Emergency Services and COSCO Shipyard Group Co., Ltd. are the prime companies operating in the market.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/oil-and-gas-drilling-and-extraction-equipments

Grand View Research has segmented the Global Oil-Spill Management Market on the basis of technology, response technique, application and region:

Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Pre-oil spill

·         Double-hull

·         Pipeline leak detection

·         Blow-out preventers

·         Others

• Post-oil spill

·         Mechanical

·         Chemical

·         Biological

·         Others

Post-Oil Spill Management Response Technique Outlook (Revenue, USD Million, 2014 - 2025)

·         Mechanical containment and recovery

·         Containment booms

§  Hard booms

§  Sorbent booms

§  Fire booms

§  Others

·         Skimmers

§  Weir skimmers

§  Oleophilic skimmers

§  Non-oleophilic skimmers

§  Others

·         Sorbent

·         Others

·         Chemical recovery

·         Dispersing agents

·         Gelling agents

·         Others

·         Biological recovery

·         Others

Application Outlook (Revenue, USD Million, 2014 - 2025)

• Pre-oil spill
• Onshore
• Offshore
• Post-oil spill
• Onshore
• Offshore

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Russia
• Asia Pacific
• China
• Japan
• Central & South America
• Middle East & Africa

View Blog On This Research Report By Grand View Research: http://www.grandviewresearch.com/blog/oil-spill-management-market-size-share     

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

Agar-Agar Gum Market Size Is Projected to Reach $345 Billion By 2025

Global Agar-Agar Gum Market is anticipated to reach USD 345.3 million by 2025, according to a new report by Grand View Research, Inc. Shifting consumer preference towards animal-free products and popularity of dairy-based products to maintain healthy diets has resulted in significant market growth.

The industry is also responsible for employment generation especially for people dwelling in coastal villages where seaweed collection forms an important component of their income. The activity is crucial for rural women who do not actively participate in mainstream fishing.

Technological advancements have supported the industry as well, with the introduction of metal scrapers that may be utilized to harvest larger quantities of seaweed with less effort. Additionally, new methods & processes have been introduced to extract agar from seaweed along with other techniques for cleaning, pre-treatment, filtration & gelation, and dewatering.

Agar powders occupied over 90% of the volume share in 2015. Creative cooking methods have also paved new growth avenues for molecular gastronomy applications, with powdered gum being dissolved in boiling aqueous liquids to create unique dishes. Textured foods such as pearls and spaghetti gels, along with foamed products are important drivers for this segment.

Full Research Report on Global Agar-Agar Gum Market:
http://www.grandviewresearch.com/industry-analysis/global-agar-agar-gum-market

Further key findings from the report suggest:

• Global agar-agar gum market was estimated at 11,236.6 tons in 2015 and is anticipated to grow at an estimated CAGR of 3.6% from 2016 to 2025.
• Squares are widely used to make confectionaries, bakery products, desserts and other food products in the form of cubes, since the product has the ideal firmness to hold perfect molds
• Strips or bars have also been a great alternative for gelatin derived dairy-based products and are used by industrial manufacturers that are engaged in producing kosher, halal, vegan and vegetarian foodstuffs
• Meat is expected to increase at about 4.1% CAGR in terms of volume. Agar fosters longer shelf life to frozen & processed meat products, while also improving stability while treating these products, which has led to segment growth.
• Microbiological & molecular applications are expected to remain an important segment, since the product is widely used to stimulate bacterial development in Petro-dishes for laboratory experiments
• Asia Pacific is presumed expand at the highest CAGR of 5.4% in terms of revenue. The product was originally claimed to be discovered in Tarazaemon Minoya, Japan and has become an important ingredient in the regional food industry in recent years.
• Key industry participants consist of Myeong Shin Agar, Meron Group, Marine Science Co. Ltd., Indoalgas, Able Sales Company, Orient Resources Company and Central Drug House(P) Ltd.

View more reports of this category by Grand View Research at: 

http://www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances

Grand View Research has segmented the Global Agar-Agar Gum Market on the basis of product, application and region:

Agar-agar Gum Product Outlook (Volume, Tons, Revenue, USD Million, 2014 - 2025)

• Powder
• Strip
• Square

Agar-agar Gum Application Outlook (Volume, Tons, Revenue, USD Million, 2014 - 2025)

• Confectioneries
• Bakery & Pastry
• Retail
• Meat
• Microbiological & Molecular
• Others

Agar-agar Gum Regional Outlook (Volume, Tons, Revenue, USD Million, 2014 - 2025)

• North America
• U.S
• Europe
• Norway
• France
• Spain
• Asia Pacific
• China
• Japan
• South Korea
• Middle East and Africa
• Central & South America

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/agar-agar-gum-market    

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

Industrial Internet of Things (IIoT) Market Is Presumed To Grow At A CAGR Of Over 27.8% From 2017 To 2025

Global Industrial IoT Market is expected to reach USD 933.62 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand and adoption of cloud computing, coupled with the Scalability of IPv6-3.4X 10^38 IP address, are presumed to drive the market over the forecast period.

Businesses, across the globe, are seeking new operating models to create a connected enterprise for merging operational and information departments of the industry. This transformation is predicted to increase the overall productivity, enhance operational efficiency, improve visibility, and reduce the complexities of different processes in the industry.

The ability of IoT to reduce costs has been the prime factor for its adoption in the industrial sector. However, several significant investment incentives, such as increased productivity, process automation, and time-to-market, have also been boosting this adoption. The falling prices of sensors have reduced the overall cost associated with data collection and analytics.

An emerging trend among enterprises worldwide is the transformation of technical focus to improving connectivity in order to undertake data collection with the right security measures in place and with improved connections to the cloud. The emergence of low-power hardware devices, cloud integration, big data analytics, robotics & automation, and smart sensors are also driving IIoT market growth.

However, there are a few factors that are anticipated to limit the global IIoT growth. The major factors challenging the market growth are the lack of a defined protocol or standardization and use of old equipment. Security-related concerns, associated with big data, are also expected to limit the market growth.

Full Research Report on Global Industrial Internet of Things (IIoT) Market Analysis: http://www.grandviewresearch.com/industry-analysis/industrial-internet-of-things-iiot-market

Further key findings from the report suggest:

• The global industrial IoT market size exceeded USD 100 billion in 2016 and is presumed to grow at a CAGR of over 25% from 2017 to 2025
• Manufacturers are increasingly leveraging the benefits of IIoT solutions to enhance their analytics functionalities (through predictive maintenance), consolidate their control rooms, and track assets
• The managed IIoT services segment is predicted to growth over the next eight years, as implementation of IoT technology requires integration of managed IIoT services at every layer of the IIoT ecosystem
• The Asia Pacific regional market is anticipated to outgrow the North American market and emerge as the highest revenue-generating region, with China spearheading the growth, by the end of 2025
• Large IT solutions & service providers are seeking IIoT platform, as a high-margin solution that generates a stable revenue stream via cloud-based revenue models

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the Global Industrial Internet Of Things (IIoT) Market on the basis of component, end-use, and region:

Industrial IoT Component Outlook (USD Billion, 2014 - 2025)

• Solution

• Remote Monitoring
• Data Management
• Analytics
• Security Solutions
• Others
• Services
• Professional
• Managed
• Platform
• Connectivity Management
• Application Management
• Device Management

Industrial IoT End-Use Outlook (USD Billion, 2014 - 2025)

• Manufacturing
• Energy & Power
• Oil & Gas
• Healthcare
• Logistics & Transport
• Agriculture
• Others

Industrial IoT Regional Outlook (USD Billion, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Japan
• India
• South Korea
• Latin America
• Mexico
• Brazil
• Middle East & Africa

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-industrial-internet-of-things-iiot-market    

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