Wearable Medical Device Market Report Covers Revenue Forecast, Company Share, Competitive Landscape, Growth Factors And Trends 2012-2022

Global Wearable Medical Device Market is expected to reach USD 27.8 billion by 2022, according to a new report by Grand View Research, Inc. Rising prevalence of conditions such as obesity and hypertension, as a result of sedentary lifestyle is anticipated to boost the demand for wearable medical devices. Moreover, increasing health awareness is further expected to augment the demand for these devices. 

Additionally, growing incidences of chronic conditions, such as diabetes, which require round-the-clock monitoring, are expected to increase the demand for wearable technology. Technological innovation is projected to be vital for growth of this industry over the forecast period. Smart watches, smart bands, and smart clothing are anticipated to be the key areas for development. Increasing penetration of smart cellular phones is expected to assist growth of this technology. However, patient privacy and security concerns along with complexity in engineering are expected to impede growth of the industry. 

Full Research Report on Global Wearable Medical Device Market Analysis:
http://www.grandviewresearch.com/industry-analysis/wearable-medical-devices-market

Further key findings from the study suggest:

• Diagnostic wearable medical devices held substantial share in 2014 owing to increasing usage in remote patient monitoring as well as home healthcare
• Therapeutic wearable devices are anticipated to exhibit remunerative growth over the forecast period. Increasing penetration of products, such as insulin monitors, is assisting the growth of wearable equipment.
• Diagnostic devices such as vital sign monitors are expected to witness lucrative growth over the forecast period. Rising incidences of chronic diseases are expected to boost the demand for this equipment.
• Wearable medical devices have applications in sports & fitness monitoring, home healthcare, and remote patient monitoring. Home healthcare held significant shares of around 50.0% in 2014. Simplified usage of this equipment along with ability to synchronize with cellular phones as well as tablet devices assisted the growth of this segment.
• On the contrary, remote patient monitoring is projected to exhibit growth rate of over 25.00% in the next seven years. Increasing geriatric population base coupled with demand for continuous monitoring is expected to fuel the growth.
• Strap/clip/bracelet or watches held substantial shares of around 40.0% in 2014, and is expected to grow at a lucrative rate over the forecast period. Simplified engineering, aesthetically appealing products, and synchronization with mobile application are anticipated to drive this segment’s growth.
• North America dominated the overall market with approximately 40.0% of shares. This can be attributed to increasing per capita income as well as rising healthcare spending, and advanced healthcare infrastructure and presence of OEM in this region.
• Asia Pacific is projected to grow with a rapid rate of around 32.0% over the forecast period. Economic development coupled with improving healthcare systems is expected to help the industry grow in this region.
• Key companies of the wearable medical devices industry include Fitbit Inc., Garmin, Vital Connect, Omron Corp., Sotera Wireless, Jawbone, Pebble Technology Corp., Basis Science, Inc., Withings, Intelesens Ltd., Covidien Plc, LifeWatch AG, Polar Electro, Philips Electronics, and Everist Genomics 

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Wearable Medical Device Market on the basis of products and region:

Global Wearable Medical Devices Product Outlook (USD million), 2012 - 2022

• Diagnostic devices

·         Vital sign monitors

§  Heart rate monitors

§  Activity monitors

§  Electrocardiographs

§  Pulse oximeters

§  Spirometers

§  Blood pressure monitors

§  Other devices

·         Sleep monitoring devices

§  Sleep trackers

§  Wrist actigraphs

§  Polysomnographs

§  Other devices

·         Electrocardiographs Fetal & Obstetric Devices

·         Neuromonitoring devices

§  Electroencephalographs (EEG)

§  Electromyographs (EMG)

§  Other devices

·         Therapeutic devices

·         Pain management device

§  Neurostimulation device

§  Other devices

·         Insulin monitoring device

§  Insulin pumps

§  Other devices

·         Rehabilitation device

§  Accelerometers

§  Sensing devices

§  Ultrasound platforms

§  Others

·         Respiratory therapy device

§  Ventilators

§  PAP

§  Portable oxygen concentrators

§  Other devices

Global Wearable Medical Devices Application Outlook (USD million), 2012 - 2022

• Sports & Faintness
• Remote Patient Monitoring
• Home healthcare

Global Wearable Medical Devices Site Outlook (USD million), 2012 - 2022

• Handheld
• Headband
• Strap, clip, bracelet and watches
• Shoe sensors
• Others

Wearable Medical Devices Region Outlook (USD million), 2012 – 2020

• North America
• U.S.
• Mexico

• Europe
• UK
• Germany
• France
• Asia Pacific
• Japan
• China
• India
• Latin America
• Brazil
• Mexico
• MEA
• South Africa
• Saudi Arabia

View Press Release of This Research Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-wearable-medical-device-market         

About Grand View ResearchGrand 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

Automotive Coatings Market Analysis Report Forecasts Revenue And Volume Growth At Global, Regional And Country Levels 2014-2025

Global Automotive Coatings Market is expected to reach USD 36.31 billion by 2025, according to a new report published by Grand View Research, Inc. Surging demand for both passenger and commercial automobiles in emerging countries including China, India, Mexico, Brazil, and South Africa on account of population growth and developing living standards is expected to augment market size over the forecast period. Moreover, increasing requirement of protection against harsh climate, dust, dirt, UV radiation, and acid rain is expected to aid in industry expansion.

Growing number of accident in countries including India and Brazil owing to adverse road conditions in mountainous areas is anticipated to fuel the demand for these products over the upcoming years. Moreover, increasing requirement of maintenance, repair, and refurbishing work of old vehicles is expected to stimulate growth.

Rising consumption of powder coatings in light of its superior properties, such as near zero volatile organic compound emissions and thicker layer compared to conventional coatings, is expected to increase market size. Furthermore, continuous investments by manufacturers along with increasing number of manufacturing facilities in Brazil and China will drive growth over the forecast period.

Full Research Report on Global Automotive Coatings Market Analysis: http://www.grandviewresearch.com/industry-analysis/automotive-coatings-market

Further key findings from the report suggest:

• The global automotive coatings industry demand was 5,902.7 kilo tons in 2015 and is expected to grow significantly on account of increasing vehicle production in rapidly emerging countries including China, Japan, India, Mexico, Brazil, South Korea, Brazil, and South Africa
• Waterborne coatings market demand is anticipated to witness strong growth in light of stringent regulations pertaining to the usage of solvent borne technology. In addition, superior properties, such as corrosion resistance, flexibility, hardness, stain resistance, adhesion, low flammability, and toxicity, are expected to surge product demand over the next nine years.
• North America contributed to 22.7% of the overall revenue share in 2015 and is estimated to witness growth on account of rising demand for pickup trucks and utility vehicles in the region
• Central and South America is expected to see substantial revenue rise at a CAGR of 5.4% from 2016 to 2025 owing to increasing small car production in Brazil. Furthermore, large automobile manufacturers including General Motors, Volkswagen, and Hyundai have been shifting their base to the region owing to lower operation costs, which is likely to aid in market expansion.
• The industry is highly competitive in nature, and manufacturers are involved in continuous product development and R&D activities. Manufacturers including Axalta Coating Systems, PPG Industries, BASF, Nippon Paint, AkzoNobel, and Kansai Paint are some of the key players in the market.
• In April 2015, Axalta established a new R&D technology center in Shanghai to develop new products for the global commercial vehicle, light vehicle OEM, refinish and industrial customers

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Grand View Research has segmented the Global Automotive Coatings Market on the basis of product, technology, application, end-use, and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Primer
• Electro coat
• Basecoat
• Clear coat

Technology Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Waterborne Coatings
• Solvent borne Coatings
• Powder Coatings
• UV-cured Coatings

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Metal Parts
• Plastic Parts

End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Light Vehicle OEM
• Commercial Vehicle OEM
• Automotive Refinish

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• MEA

View Press Release of This Research Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-automotive-coatings-market      

About Grand View ResearchGrand 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

Prefilled Syringes Market Study Report Provides An Analysis Of The Industry Trends In Each Of The Sub-Segments From 2014-2025

Global Prefilled Syringes Market size is expected to reach USD 22.5 Billion by 2025, according to a new study by Grand View Research, Inc. Key factors driving the market expansion include technological advancements in auto-injectors and growing usage of prefilled syringes owing to its reduced prices per dose.

Prefilled injecting devices are rapidly replacing traditional syringe-vial combinations due to certain associated advantages such as increased patient safety and convenience offered to healthcare practitioners in dose preparation. Growing trend of self-injecting devices adopted for the management of chronic diseases, such as diabetes and rheumatoid arthritis, are expected to boost the growth of auto injectors and pen injectors during the forecast period. Growing prevalence of these diseases and introduction of advanced devices with Wi-Fi and Bluetooth connectivity that facilitate effective management of patient health records are factors expected to boost the usage of such devices.

Application of prefilled injectors is currently limited to emergency rooms in hospitals and for the treatment of certain chronic diseases. These injection devices are considered ideal containers for vaccines and biotech drugs, which otherwise tend to become unstable and react with the material of the container that result in altered drug potency. Growing preference toward biotechnology drugs and the emerging biotech space presenting greater opportunities are expected to have a positive impact on the growth of the prefilled syringes market during the forecast period. 

Full Research Report on Global Prefilled Syringes Market Analysis: http://www.grandviewresearch.com/industry-analysis/pre-filled-syringes-market

Further key findings from the study suggest:

• The use of glass syringes to be high owing to their increasing preference amongst healthcare professionals; this is attributable to their ease of use and the low risk posed by these devices at the time of injection.
• However, the plastic segmentis rapidly replacing the former with the introduction of advanced plastic materials, such as polypropylene and crystal clear polymer, which are biocompatible as glass.
• Europe dominated the prefilled syringes space in 2015. High adoption of patient safety measures and presence of large number of market players are the factors responsible for the dominance of the region.
• North America region is expected to show the fastest growth rate during the forecast period due to rapid adoption of prefilled syringes in this region.
• The market is presently dominated by few key participants such as Gerresheimer AG, Haselmeier AG, Nipro Medical Corporation, Unilife Corporation,Owen Mumford, SCHOTT, Datwyler Pharma Packaging, and Becton, Dickinson and Company.
• The syringe manufacturing market is consolidated; however, various new players are bringing innovative technologies to this sphere,which can be used for the manufacturing of auto-injectors.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Prefilled Syringes Market by type, material, application, distribution channel, and region:

Prefilled Syringes Type Outlook (Revenue, USD Million; 2014 - 2025)

• Disposable Prefilled Syringes
• Reusable Prefilled Syringes

Prefilled Syringes Material Outlook (Revenue, USD Million; 2014 - 2025)

• Glass Prefilled Syringes
• Plastic Prefilled Syringes

Prefilled Syringes Application Outlook (Revenue, USD Million; 2014 - 2025)

• Anaphylaxis
• Rheumatoid Arthritis
• Diabetes
• Others (Vaccines and other biotech drugs)

Prefilled Syringes Distribution Channel Outlook (Revenue, USD Million; 2014 - 2025)

• Hospitals
• Mail Order Pharmacies
• Ambulatory Surgery Centers

Prefilled Syringes Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• Japan
• India
• Latin America
• Mexico
• Brazil
• MEA
• South Africa

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-prefilled-syringes-market                       

About Grand View ResearchGrand 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: www.grandviewresearch.com

Kombucha Industry Outlook By Executive Summary, Market Variables, Trends And Scope 2014-2024

Global Kombucha Market is expected to reach USD 4.46 billion by 2024, according to a new report by Grand View Research, Inc. Increasing awareness of the health benefits associated with consuming probiotic drinks is projected to boost market demand over the forecast period.

Kombucha helps to control liver cell toxicity and aids in detoxification, digestion, and weight loss.  It also improves immunity and acts like an energy drink. Some of the drivers influencing the market growth are the ease of manufacturing and rising demand for probiotic beverages.

Growing disposable income and the trend of maintaining a healthy diet intake has led to increasing demand for natural and organic beverages. North America occupied the largest market share in 2015 on account of a vast number of brewers operating in this region.

Companies such as Buchi Kombucha, GT’s Kombucha, Celestial Seasonings, and KeVita, Inc. have adopted expansion strategies to increase their presence in the market. Most of the companies have tie-ups with local retailers and health food stores such as Wal-Mart, Safeway, and Whole Food Market for the distribution of their products.

Full Research Report on Global Kombucha Market Analysis:
http://www.grandviewresearch.com/industry-analysis/kombucha-market

Further key findings from the report suggest:

• The Symbiotic Colony of Bacteria and Yeast (SCOBY) is the key ingredient for the manufacture of fermented kombucha tea
• Fermented drinks have gained wide acceptance in the healthy beverages industry
• Consumers broadly prefer flavored kombucha drinks; this segment accounted for 68% of the market volume in 2015.
• Brewers have launched a variety of exotic flavors such as coconut & mango, pineapple-jalapeno, guava, and berry. Other flavors extracted from flowers, herbs, roots, and spices are also used in the beverage.
• Asia Pacific is projected to grow at the highest CAGR on account of the growing demand for probiotic beverages in China, Japan, and India
• Companies have partnered with large retail chains and other distributors to cater to the increasing demand in the U.S.
• Major companies identified in this industry include Buchi Kombucha, Cell-Nique Corporation, GT’s Kombucha, Hain Celestial Group, Red Bull GmbH, and Revive Kombucha among others

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements

Grand View Research has segmented the Global Kombucha Market on the basis of flavor, distribution channel, and region:

Global Kombucha Flavor Outlook (Volume, Kilo Liters; Revenue, USD Million, 2014 - 2024)

• Original
• Flavored

Global Kombucha Distribution Channel Outlook (Volume, Kilo Liters; Revenue, USD Million, 2014 - 2024)

• Supermarkets
• Health stores
• Online stores

Global Kombucha Regional Outlook (Volume, Kilo Liters; Revenue, USD Million, 2014 - 2024)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Russia
• Asia Pacific
• China
• Japan
• India
• Australia
• Central & South America (CSA)
• Brazil
• Middle East & Africa (MEA)
• South Africa

View Press Release this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-kombucha-market                                  

About Grand View ResearchGrand 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

Palm Oil Industry Outlook By Executive Summary, Market Variables, Trends And Scope 2012-2022

In 2014, Global Palm Oil Market was valued at USD 61.09 billion. The market is poised for growth owing to the increasing demand from the various end-use industries. Government and other correlated organizations across many countries have taken measures to limit the trans-fat intake over the past few years. Protocols regarding increased utilization of palm oil in the form of biodiesel as well as fuel mixing with bio-based fuel has gained recognition in recent past.

Technologies and research & development initiatives to create viable means of production offer immense prospects for the industry participants. Meting out operations to deliver products with a high value offer huge opportunities for growth of global palm oil market over the forecast period.

Crude palm oil dominated the global palm oil market accounting for over 75% of the market in 2014. Growing application in surfactants, cosmetics, lubricants, edible oil and biodiesel was responsible for this high market share. Crude palm oil is also expected to experience the maximum growth rate, at a probable CAGR of 7.5% from 2015 to 2022. It is used extensively for the purpose of cooking. Crude palm oil has relatively lower prices as compared to its competitors which make it the best-chosen cooking oil, predominantly in South East Asia and West Africa.

Edible oil had the largest market share of over 65% in 2014. Rising health concern regarding high consumption of trans-fat has made consumers shift from vegetable oils and animal fats to edible oil which has relatively lower trans-fat content. Biodiesel is predicted to grow at a very high growth rate, at an expected CAGR of 8.8% from 2015 to 2022. Quick development of the global biofuel market with an aim of reducing dependence on conventional fuels is likely to drive the biodiesel demand.

Full Research Report on Global Palm oil Market Analysis:
http://www.grandviewresearch.com/industry-analysis/palm-oil-market

Easy availability of significant raw materials along with the increased disposable income levels in India, South East Asia, and China is anticipated to benefit the overall Asia Pacific market over the forecast period. Asia Pacific ruled the market accounting for more than 60% of the market share in 2014.

India is accounted to be the major palm oil importers in the world. Central & South American market is anticipated to experience increased production capabilities. Companies have eyed these markets owing to their plentiful arable land and favorable climatic conditions.

Global palm oil market is integrated having few companies ruling the market and is characterized by increased threat of new market players. Key industry participants comprise of Wilmar International Ltd., ADM, London Sumatra, Sime Darby, Cargill Inc., Godrej Agrovet Ltd. and IOI Corp. These corporations have taken up measures to attain a competitive advantage and to diversify their product line.

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/renewable-chemicals

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

Global Palm Oil Derivatives Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2022)

• Crude Palm Oil
• Palm Kernel Oil
• Palm Kernel Cake
• Others

Global Palm Oil Application Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2022)

• Electrical & Electronics
• Automotive & Transportation
• Industrial Machinery
• Consumer Goods
• Construction
• Others

Global Palm Oil Regional Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Middle East & Africa
• Central & South America

View Press Release this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-palm-oil-market                                 

About Grand View ResearchGrand 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

Application Delivery Controller (ADC) Market Accounted For USD 2,740.4 Million In 2015 And Is Expected To Witness Growth At A CAGR Exceeding 5% Over The Forecast Period 2014-2024

Global Application Delivery Controller (ADC) Market is expected to reach USD 4.34 billion by 2024, according to a new report by Grand View Research, Inc. The application delivery controller market is anticipated to witness a high growth over the forecast period. This may be accredited to the increasing globalization and distributed enterprise architecture, which requires networks that can deliver their business-critical applications faster, thereby ensuring security. The increase in the data center traffic and the growing ADC popularity, particularly in the consolidated data center segment, are expected to be the major factors spurring the ADC market growth over the forecast period.

The increasing adoption of the BYOD phenomenon has led to the widespread usage of tablets and smartphones particularly in large organizations as it significantly increases the scope and span of enterprises. This, in turn, has resulted in a rise in the ADC demand in order to balance and maintain the server load. In addition, emerging technologies, such as software-defined storage (SDS) and software-defined networking (SDN), are also anticipated to spur the ADC market growth over the coming years.

Full Research Report on Global Application Delivery Controller (ADC) Market Analysis:
http://www.grandviewresearch.com/industry-analysis/application-delivery-controller-market

Further key findings from the report suggest:

• The virtual segment captured over 30% of the total revenue share in 2015 and is anticipated to exhibit growth exceeding 5.0% from 2016 to 2024. This can be attributed to the improved IT agility, performance, and cost benefits offered by them over the hardware-based ADCs as well as the increasing cloud-based data center traffic.
• The small & medium enterprise (SME) segment is expected to gain prominence over the forecast period exceeding a compound annual growth rate of 5% from 2016 to 2024. This is ascribed to the increasing adoption of web-enabled services and web-based apps for running their business as well as to the proliferation of internet-enabled devices.
• The IT & telecom segment accounted for a significant revenue share in 2015 capturing over 25% of the overall revenue share in the same year. The segment is expected to grow at a CAGR      exceeding 5.5% from 2016 to 2024. This is majorly due to the integration of ADCs into enterprise IT systems to enhance efficiency.
• Asia Pacific is expected to emerge as the fastest growing segment accounting for more than 20% of the overall share in 2015. This growth is due to increasing investments in the IT infrastructure, primarily in China and India. Furthermore, the rising demand in this region can be ascribed to the high market penetration, owing to the webification of organizational applications along with the growing ADC application in server firewalls and network security systems.
• The key application delivery controller market purveyors comprise F5 Networks Inc., Citrix Systems, A10 Networks Inc., Array Networks, Inc., and Brocade Communications Systems, Inc. Companies, with their extensive distribution channels and worldwide presence, lay emphasis on adopting the best practices for developing solutions to achieve competitive advantage in this industry.

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 Delivery Controller Market on the basis of deployment, enterprise size, end-use, and region:

Application Delivery Controller Deployment Outlook (Revenue, USD Million; 2014 - 2024)

• Hardware-based ADCs
• Virtual ADCs

Application Delivery Controller Enterprise Size Outlook (Revenue, USD Million; 2014 - 2024)

• Small & Medium Enterprise
• Large Enterprise

Application Delivery Controller End-Use Outlook (Revenue, USD Million; 2014 - 2024)

• IT & Telecom
• BFSI
• Government
• Healthcare
• Retail
• Others

Application Delivery Controller Regional Outlook (Revenue, USD Million; 2014 - 2024)

• North America
• U.S.
• Canada
• Europe
• U.K
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• MEA
• Saudi Arabia
• UAE

View Press Release this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-application-delivery-controller-market                                

About Grand View ResearchGrand 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

Software Defined Networking Industry Outlook By Executive Summary, Market Variables, Trends And Scope 2014-2024

Global SDN Market is estimated to reach USD 70.41 billion by 2024, according to a new report by Grand View Research, Inc. Software defined networking has witnessed a surge in its popularity in the recent years and rightly so owing to the myriad benefits it offers over the existing legacy infrastructure. The SDN solutions provide centralized control and operational capabilities, which help the network administrators and engineers to respond quickly and efficiently. The SDN architecture comprises different tools and techniques, such as the controller, switches forwarding, and backplanes, among others, that make the systems more agile and flexible.

SDN acts as a bridge between the applications and routers and switches to relay information and data between them. As they provide a virtualized view of the network and storage, the SDN solutions help in deploying applications and services at a fast pace. The demand for SD solutions is anticipated to be on the rise as there is a growing necessity for the increasing operability and bandwidth of the carrier networks for service providers as well as large enterprises. The increasing data traffic due to increased mobile devices, social media cloud computing, and even Internet of Things (IoT) is expected to propel the data traffic in the coming years, which will create a steep demand for enhanced networks.

The CapEX and OpEX reduction afforded by the software defined networks, coupled with the pay-as-you-grow model, is helping the demand growth. The increasing applicability in the data center infrastructures and campus networks, as well as the presence of open source automation tools such as OpenStack, will fuel the market growth in the coming years. SD-WAN and convergence of SDN, NFV, and OpenFlow are the upcoming trends to watch for that may shape the developing industry.

Full Research Report On Global Software Defined Networking (SDN) Market Analysis:
http://www.grandviewresearch.com/industry-analysis/software-defined-networking-sdn-market-analysis

Further key findings from the report suggest:

• Software defined networking is anticipated to find Wide Area Networks (WAN) as the major use case in the coming years. Not only has SD-WAN been in the limelight of the SDN vendors for a long period now but the industry is also ripe for the adoption of the software defined WAN for enterprises which are looking to replace the existing MPLS systems that had been de facto for most major organizations.
• The industry is dotted by some major players including VMware, Alcatel-Lucent (Nokia), International Business Machines, Cisco Systems, and Juniper. Other prominent industry players are Plexxi, NEC Corporation, Google Inc., Huawei Corp., Hewlett-Packard, Brocade Communication Systems, Big Switch Networks, and AT&T, among others. The emergence of new companies that cater to specific niche clients or provide capabilities targeting particular functionalities is also on the rise.
• The new product development, industry players’ concentration on research and development activities, and developing cost effective products for a differential industry are the major strategic plans adopted by the industry players. Also, there has been an increasing focus on the partnership and collaborations in the industry. For example, in March 2015, Brocade announced that it had completed the acquisition of the SteelApp business unit from Riverbed Technology. The SteelApp product line helped the Brocade data center deployments and enhanced the Vyatta Platform offering for the NFV and SDN solutions.

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 Software Defined Networking (SDN) Market on the basis of end use, services, solutions, application, and region:

Software Defined Networking End Use Outlook (Revenue, USD Million; 2014 - 2024)

• Enterprise
• Telecommunication Service Providers
• Cloud Services Provides

Software Defined Networking Services Outlook (Revenue, USD Million; 2014 - 2024)

• Integration and Deployment
• Training and Maintenance
• Managed Services

Software Defined Networking Solutions Outlook (Revenue, USD Million; 2014 - 2024)

• Physical Network Infrastructure
• Virtualization/Control Software
• SDN Application

Software Defined Networking Application Outlook (Revenue, USD Million; 2014 - 2024)

• BFSI
• IT & Telecom
• Consumer Goods
• Government and Defense
• Healthcare
• Others

Software Defined Networking Market Regional Outlook (Revenue, USD Million; 2014 - 2024)

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• Asia Pacific
• China
• Japan
• India
• Latin America
• Brazil
• Middle East & Africa (MEA)

View Press Release this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-software-defined-networking-sdn-market                               

About Grand View ResearchGrand 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