Network Optimization Services Market Ongoing Trends and Recent Developments

According to a new market research report "Network Optimization Services Market by Services, Application Type (Local Network Optimization, WAN Optimization, RAN Optimization, and Data Center Optimization), Deployment Type, Organization Size, Industry Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market size is expected to grow from USD 4.78 Billion in 2017 to USD 9.08 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period.

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Increasing number of branch offices and data centers is a major factor driving the growth of the network optimization market. Moreover, the increasing adoption of Wide Area Network (WAN) optimization and local network optimization by Small and Medium-sized Enterprises (SMEs) is expected to drive the Network Optimization Services Market.

The rapid adoption of network optimization services, owing to a strong and well-established economy is expected to make North America the largest regional market. 

North America consists of developed economies, such as the US and Canada. In this region, organizations are rapidly adopting and willing to invest in emerging technologies, such as smartphones and cloud platforms. North America has the first-mover advantage of adopting new technologies, such as a smartphones and cloud platform. Companies are willingly investing in North America. The factors driving the growth of the network optimization market in North America are stable economy, technology enhancements, and optimized infrastructure cost.

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The manufacturing vertical is expected to gain a larger market share during the forecast period. 

Manufacturing companies try to develop operational effectiveness and secure IT resources each time they find it to be feasible, so that a cost-effective infrastructure can be delivered. With the increase in manufacturing units, remote locations are expected to increase, which creates a potential market for network management solutions and services, resulting in the need for packaged solution provider for networks.

The large enterprises segment is expected to gain a larger market share during the forecast period. 


Organizations with more than 1,000 employees are categorized as large enterprises. Such enterprises have a huge corporate network and many revenue streams. Large enterprises have their customers across various regions and possess high market shares, technical expertise, and effective business strategies. Large enterprises control a number of different systems at a higher level of complexity. The market size of Network Optimization Services Market is relatively high in case of large enterprises, as compared to SMEs. The solution vendors catering to large enterprises are increasing as large enterprises need to maximize its bandwidth and network capacity of their data centers and local networks, along with WAN optimization if the organizations has multiple branches spread across city.

The major vendors in the Network Optimization Services Market include Riverbed Technology (US), NetScout Systems (US), SolarWinds (US), Cisco (US), Huawei (China), Nokia Corporation (Finland), ZTE (China), InfoVista (Europe), Citrix (US), Circadence (US), FatPipe Networks (US), and Silver Peak (US).

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Simulation Software Market Worth 13.45 Billion USD by 2022

According to a new market research report "Simulation Software Market by Component (Software and Services), Application, Vertical (Automobile, Aerospace & Defense, Electrical & Electronics, Healthcare, and Education & Research), Deployment Mode and Region - Global Forecast to 2022", published by MarketsandMarkets™, the global market to grow from USD 6.26 Billion in 2017 to USD 13.45 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 16.5% during the forecast period. The increased need for eco-friendly environments and the growing number of Small and Medium-Sized Enterprises (SMEs) are expected to be driving the growth of the Simulation Software Market.

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eLearning and training application is expected to grow at the highest CAGR during the forecast period 

Simulation and analysis technology is used in the educational institutes to train their students. It is also used to train doctors and soldiers for being prepared for emergency situations. Due to the increased utilization of simulation and analysis technology in eLearning and training, this application is expected to grow at the highest CAGR during the forecast period.

R&D application is expected to have the largest market size during the forecast period 

The simulation and analysis technology is also being used in R&D activities across various verticals, such as automobile, aerospace and defense, and industrial manufacturing. The R&D activities include product designing, product lifecycle management, and process optimization. The simulation and analysis technology is used to conduct R&D activities with the help of computerized developed models in the virtual environment.

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Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period 

Global, as well as domestic enterprises, are investing in simulation and analysis technology. Moreover, the government is also investing in the simulation and analysis technology for developing defense equipment other than that the technology is also used to train and improve driving skills of human beings.


The Simulation Software Market report encompasses the competitive landscape and company profiles of the key vendors based on their product offerings and business strategies. The major simulation and analysis vendors include Altair Engineering (US), Bentley Systems (US), ANSYS (US), PTC (US), Siemens PLM Software (US), Autodesk (US), CPFD Software (US), Cybernet Systems (US), Dassault Systemes (France), Design Simulation Technologies (US), Synopsys (US), and MathWorks (US).

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Cloud-Based PLM Market by Application (Portfolio Management, Product Data Management, Collaborative Design and Engineering, Customer Management, Compliance Management), Organization Size, Vertical, and Region - Global Forecast to 2021
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Be Future Ready with DNS Service Industry Research 2022

According to a new market research  report "DNS Service Market by DNS Server (Primary DNS Server and Secondary DNS Server), Deployment Type (Cloud and On-Premises), Organization Size (Large Enterprises and SMEs), Industry Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the Domain Name System (DNS) service market size is expected to grow from USD 238.9 Million in 2017 to USD 438.8 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 12.9% during the forecast period.

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Growing focus on safeguarding the websites from Distributed Denial of Service (DDoS) attacks, rapidly growing number of internet users, and low cost associated with DNS service are some of the major factors driving the DNS Service Market.

Primary DNS server segment is expected to hold a larger market size during the forecast period.

In the DNS server, the primary DNS server segment is expected to hold a larger market size than the secondary DNS server during the forecast period. DNS server is an integral part of the DNS infrastructure that manages data associated with domain names and domain zones. It plays a vital role in the performance of web and email services. Hence, there would be a higher demand for primary DNS server in terms of adoption by enterprises.

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Cloud deployment type is expected to be a faster growing segment during the forecast period.

Under the deployment type, the cloud deployment is expected to grow at a higher CAGR during the forecast period. Managed DNS services have been rapidly deployed by enterprises to maintain DNS infrastructure.  A majority of managed DNS service providers are offering cloud-based DNS services for customers. During the last few years, the cloud deployment mode has witnessed a greater demand, as it offers several benefits, including the pay-per-use model, better flexibility, speedy accessibility, and low installation and maintenance costs.

North America is expected to hold the largest market size; and Asia Pacific (APAC) to grow at the highest CAGR during the forecast period.

North America is expected to hold the largest market size in the DNS Service Market followed by Europe, owing to the mass adoption of DNS services by major industry verticals, such as telecom, media and entertainment, Banking, Financial Services, and Insurance (BFSI), government, and healthcare. In terms of growth rate, the APAC region is expected to grow at the highest CAGR during the forecast period. The region comprises China, India, Australia, South Korea, Japan, and New Zealand, which have a large number of internet users and enterprise customers. In addition to this, internet, data centers, and cloud infrastructure have evolved in the region with the emergence of Long-Term Evolution (LTE), LTE-Advanced, and 5G.

Key players in the DNS Service Market include Cloudflare (US), AWS (US), VeriSign (US), Oracle (US), Akamai Technologies (US), Google (US), IBM (US), NS1 (US), Microsoft (US), Neustar (US), CDNetworks (South Korea), and DNS Made Easy (US).

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Cognitive Services Market worth 15.28 Billion USD by 2023

According to a new market research report "Cognitive Services Market by Technology, Service Type, Deployment Mode, Application, End-User, Vertical (BFSI, Healthcare, Retail, IT and Telecommunication, Government and Education, Manufacturing), and Region - Global Forecast to 2023", published by MarketsandMarkets™, the global Cognitive Services Market to grow from USD 2.59 Billion in 2018 to USD 15.28 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 42.6% during the forecast period.

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Cognitive services offer a systematic way to attain business objectives by reducing the efforts required to work on repetitive tasks. Also, various Application Programming Interfaces (APIs), including vision, speech, text, and search capabilities, play a crucial role in the process of automation and data analysis. The growing data is becoming crucial and organizations are majorly focusing on the integration of cognitive capabilities with their applications to analyze their data. Therefore, the need to align core work with business objectives and growth in data volumes are expected to drive the growth of the Cognitive Services Market.

The consulting and advisory service type is expected to grow at a higher CAGR during the forecast period

In the Cognitive Services Market, consulting and advisory services are rapidly growing to leverage the benefits offered by the cognitive technology without deploying complete solution and infrastructure. As the small enterprises have budget constraints and are primarily focused on reducing infrastructure cost, they face challenges while deploying a complete cognitive solution. They also face similar issues while employing developers and cognitive technology experts to perform the data analysis. The consulting and advisory services can help these enterprises understand the best-fit cognitive service that can help them meet their requirements.

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The cloud deployment type is expected to have the larger market size during the forecast period

On the basis of deployment type, the Cognitive Services Market is segmented into cloud and on-premises. Cognitive services solutions deployed on the cloud are flexible and easily accessible for enterprises. Instead of installing the required software, the solution and its benefits can be leveraged remotely by enterprises on a pay-per-use model. Cognitive service providers are focusing on the development of robust cloud-based solutions for their users, as many organizations have started adopting the cloud model.

APAC is expected to grow at the highest CAGR during the forecast period

In the Asia Pacific (APAC) region, global as well as domestic enterprises are investing in the enterprise Artificial Intelligence (AI) technology. The APAC region shows potential to grow in the Cognitive Services Market. Enterprises in the APAC region are using cognitive services to generate insights from large volumes of data to enhance business processes. The growth in the APAC region is attributed to the growing investment in cognitive technologies across the region.

The Cognitive Services Market report encompasses the competitive landscape and company profiles of the key vendors based on their product offerings and business strategies. The major cognitive service vendors include IBM (US), Microsoft (US), AWS (US), Google (US), TCS (India), Baidu (China), Apple (US), Nuance Communications (US), Qualcomm Technologies (US), and SAS Institute (US).

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Contact Center Software Market Worth 35.32 Billion USD by 2023

According to a new market research report "Contact Center Software Market by Solution (Intelligent Virtual Assistants, Customer Collaboration, Dialers, IVR, Workforce Optimization, Reporting & Analytics), Service, Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2023" published by MarketsandMarkets™, the market size is expected to grow from USD 17.65 billion in 2018 to USD 35.32 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.9% during the forecast period.

Browse 100 market data Tables and 51 Figures spread through 191 Pages and in-depth TOC on "Contact Center Software Market"
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A growing need to cater to dynamic customer requirements and increasing omnichannel communications are the major drivers of the Contact Center Software Market. New communication platforms, redefined content value, and shifting consumer preferences are also driving the adoption of contact center solution across industry verticals.
Rapid adoption of contact center software is expected to make North America the largest regional market. 

In the US and Canada, organizations have rapidly adopted and invested in the emerging technologies, such as analytics, big data, and cloud platforms. North America has the first-mover advantage of adopting new technologies, such as big data and cloud platforms. Moreover, there has been an increasing demand among enterprises to increase their overall productivity by optimizing inbound and outbound operations in the region. Several companies willingly invest in North America due to the presence of many large enterprises in the region. These factors along with stable economy, technology enhancements, and optimized infrastructure costs are expected to drive the North American Contact Center Software Market.

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The BFSI vertical is expected to account for the largest market size during the forecast period. 

The Banking, Financial Services, and Insurance (BFSI) vertical comprises commercial banks, insurance companies, non-banking financial companies, stock brokerage firms, and payment gateway providers. The BFSI vertical deals with critical financial data and credit risks; hence, it is a good contributor in the Contact Center Software Market. Owing to the continuous changes in the competitive environment, companies need to enhance their operational efficiencies and provide customized user experience. Contact center software helps financial institutions in mining customer data, including transactions, customer activities across banking and financial service websites, and customer queries through multiple channels. Furthermore, contact center software enables financial institutions to automate their business processes, thereby helping them reduce the service delivery time.

The large enterprises segment is expected to gain a larger market share during the forecast period. 

Organizations with more than 1,000 employees are categorized as large enterprises. Large enterprises have their customers across regions and account for high market shares, technical expertise, and effective business strategies. Hence, large enterprises are expected to invest in new and latest technologies to run their business effectively. The large enterprises segment market size in the Contact Center Software Market is larger than that of SMEs. Moreover, adoption of contact center software has become an integral part of large enterprises to sustain their position in the highly competitive market. Furthermore, large enterprises prefer implementing software and services that are expected to assist them in enhancing their profit.

Major vendors in the Contact Center Software Market include 3CLogic (US), 8x8 (US), Alcatel-Lucent Enterprise (France), Ameyo (Drishti-Soft; India), Aspect Software (US), Avaya (US), BT (England), Cisco (US), Enghouse Interactive (US), Fenero (US), Five9 (US), Genesys (US), Huawei (China), IBM (US), Mitel (Canada), NEC (Japan), NICE (Israel), Oracle (US), RingCentral (US), SAP (Germany), Solgari (Ireland), Unify (Germany), Verizon (US), Vocalcom (France), West Corporation (US), Zendesk (US), and ZTE (China)

Blockchain Market Ongoing Trends and Recent Developments

According to new market research report "Blockchain Market by Provider, Application (Payments, Exchanges, Smart Contracts, Documentation, Digital Identity, Supply Chain Management, and GRC Management), Organization Size, Industry Vertical, and Region - Global Forecast to 2023", published by MarketsandMarkets™ the global Blockchain Market size is expected to grow from USD 1.2 billion in 2018 to USD 23.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 80.2% during 2018–2023.

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Major forces driving the Blockchain Market include the increasing venture capital funding and investments in the blockchain technology, increasing popularity of the blockchain technology in retail and supply chain management, and a growing focus on reducing operational cost.

The digital identity application segment to grow at the highest CAGR from 2018 to 2023

Digital identity applications help businesses authenticate the identity of customers. The decentralized blockchain principle, in combination with identity verification, creates a digital identity, which can be assigned to multiple online transactions for eliminating frauds at a significant rate. The digital identity application segment is expected to be the fastest-growing application in the Blockchain Market,   as it eliminates the need for central authority and third party thereby making it easier for the individuals to manage and control over personal information and access. The vendors operating in the global Blockchain Market focus on developing commercially feasible solutions. The focus of dominant players in the market is also on the development of blockchain-based identity management solutions for financial transactions and personal use cases. The market size of the digital identity application in the Blockchain Market is expected to grow at the highest CAGR during the forecast period.

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Increasing number of blockchain startups to drive the SMEs segment in the Blockchain Market during 2018-2023

The Blockchain Market by organization size has SMEs and large enterprises segments. The SMEs segment is expected to grow at a higher CAGR from 2018 to 2023, as there will be a sharp increase in the number of blockchain startups. The blockchain technology can prove to be a valuable asset for SMEs, as it helps reduce operational cost by eliminating intermediaries required for trading across regions. Another area where SMEs can take advantage of the blockchain technology in their manual or semi-automatic processes, including invoicing, inventory, and payroll. For instance, smart contracts, a critical capability offered by the blockchain solution, can prove to be more economical, helping SMEs streamline their operations cost-effectively and at a faster rate.

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North America to dominate the Blockchain Market in 2018

The global Blockchain Market by regions covers North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. North America is a home for most of the industries with a large operation base, and has witnessed a prominent implementation of smart contracts, documentation and payment applications in most of its industries particularly in BFSI, retail and eCommerce, and healthcare and life sciences. The region is expected to be the early and largest adopter of blockchain solutions, due to increasing funding on the development of distributed ledger technologies to provide customers with transparency and faster transactions. An increasing adoption rate in various industries including transportation and logistics, retail and eCommerce, media and entertainment, real estate and IT and telecommunication is expected to drive the market. Moreover, financial institutions in APAC are heavily investing in designing a permissioned blockchain network to streamline their internal operations and minimize costs. The integration of the technology in these verticals is changing the way businesses are conducted across industry verticals.

The report encompasses the different strategies, such as mergers and acquisitions, partnerships and collaborations, business expansions, and product developments, adopted by major players to increase their market share. Major technology vendors in the Blockchain Market include IBM (US), AWS (US), Microsoft (US), SAP (Germany), Intel (US), Oracle (US), Bitfury (US), Cegeka (Netherlands), Earthport (UK), Guardtime (Estonia), Digital Asset Holdings (US), Chain (US), Huawei (China), BlockCypher (US), Symbiont (US), BigchainDB ( Germany), Applied Blockchain (UK), RecordsKeeper (Gibratar), Blockpoint (US), Auxesis Group (India), BTL Group (Canada), Blockchain Foundry (Singapore), AlphaPoint (US), and Factom (US).

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High Performance Computing as a Service Market Size, Share, Analysis & Trends in recently published report

According to a new market research report "High Performance Computing as a Service Market by Verticals (BFSI, Healthcare and Life Sciences, Manufacturing), Deployment Type (Colocation, Hosted Private Cloud, Public Cloud), Component, Region - Global Forecast to 2023", Published by MarketsandMarkets™, the  High Performance Computing as a Service Market is projected to reach USD 10.0 billion by 2023 from USD 5.7 billion in 2018, at a CAGR of 11.9% during the forecast period. Growth in this market is mainly driven by faster deployment of new products and services, access to better technologies, and reduced capital costs.

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The BFSI segment has the largest share of the market and is growing at the second highest CAGR during the forecast period

Financial institutions are adopting hosted private cloud and colocation services for security concerns. High-frequency trading, capital market analysis and risk modelling are some of the BFSI applications that deploy HPC as a service. BFSI is the largest adopter of HPC as a service and expected to grow at a high pace in 2018 to 2023.

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North America is dominating the High-Performance Computing as a Service Market during the forecast period

It is the biggest market and is expected to grow at the highest volume from 2018 to 2023.

North America has the largest market share in the HPCaaS Market and this has been possible through innovations obtained from R&D and technology. The main growth of the HPCaaS Market in this region is due to the increasing demand for business flexibility and agility. US accounts for maximum share in the American cloud HPCaaS Market. The US government has recognized the importance of problems faced in the areas of computational science and simulation which requires large-scale computational facilities. Thus, the government is investing significant amount of resources into the development of HPC and networking.

The major countries taken for analysis are the US and Canada. Some of the leading companies in North America offering HPCaaS are Penguin Computing, Adaptive Computing, and Sabalcore Computing and AWS. The main growth of the High Performance Computing as a Service Market in this region is due to the increasing demand for big data analytics and increase in the complexities of applications that require parallel processing further enhancing business flexibility and agility.

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