360Quadrants Recognizes AmigoCloud, Inc., Takor Group Ltd, and Maptoss Technologies Pvt. Ltd., As Innovative Leaders in Geographic Information Systems (GIS) Software

The Geographic Information System captures, stores, manipulates, analyzes, manages, and displays spatial or geographic data on a map. GIS also allows users to create interactive queries, analyze spatial information, edit data on maps, and present the results of these operations on devices such as desktops, mobiles, and tablets. The geographic information system software enables creating a large amount of data, combining different layers of information to manage and retrieve the data in a more useful manner for almost every industry.  

Geographic Information System 360quadrants Categorization 

Company evaluation was conducted for 70+ companies offering geographic information systems, out of which 25 companies were shortlisted and categorized on a quadrant under Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Leaders. 

 Innovators

AmigoCloud, Inc., Takor Group Ltd., and Maptoss Technologies Pvt. Ltd. have been recognized as innovators in the GIS software industry. These companies offer innovative solutions for fixed and mobile GIS Software. They also have a strong breadth and depth of product offerings. The innovators have been at the forefront in deploying their solutions for niche and custom software requirements of the clients.

Visionary Leaders

Autodesk, Inc., Bentley System Incorporated, Environmental Systems Research Institute, Inc. (Esri), General Electric Co., Hexagon AB, Pitney Bowes Inc., Topcon Corporation, and Trimble Inc. have been recognized as the visionary leaders in the GIS software market. They offer a strong portfolio of solutions and services to their commercial clients. The products and solutions of these companies are highly scalable and can be customized as per the requirements of the clients. These companies are said to be investing significantly in R&D to introduce innovations in location-based services and GIS. Moreover, these companies have also undertaken various organic and inorganic strategies to achieve consistent and advanced growth in the GIS software market.

Dynamic Differentiators

Blue Marble Geographics, Caliper Corporation, Computer Aided Development Corporation Limited (Cadcorp), Geosoft Inc., Handheld Group AB, Harris Corporation, Hi-Target Surveying Instrument Co., Ltd., MacDonald, Dettwiler and Associates Ltd., and Pasco Corporation have been recognized as the dynamic differentiators in the GIS software industry. These companies have a significant network of channel partners and resellers to increase the deployment of their solutions across a multitude of verticals. The dynamic vendors have been consistently generating positive revenue growth in the GIS Software market and their market position has heightened by their organic and inorganic ventures.

Emerging Companies

Manifold GIS Software Limited, Beijing Unistrong Science & Technology Co., Ltd., Champion Instruments, LLC, Golden Software LLC, and SuperMap GIS Software Co., Ltd. have been recognized as the emerging companies in the GIS Software market. The emerging players are specialized in offering highly niche and tailor-made GIS software solutions and services to their clients. These companies devise new ways of working to drive business results in the market.

The global Geographic Information System market size is projected to grow from USD 8.1 billion in 2020 to USD 14.5 billion by 2025 at a CAGR of 12.4% from 2020 to 2025. The growth of the geographic information system market is driven by the development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and increasing adoption of geographic information systems in the transportation sector. This market offers several opportunities for existing and entry-level companies to enable them to expand their businesses.  

In 2019, the geographic information system market was dominated by Hexagon AB, Pitney Bowes Inc., Bentley System Incorporated, Environmental Systems Research Institute, Inc. (Esri), and General Electric Co. A few of the key strategies executed by these players to compete in the geographic information system market include product launches, partnerships, collaborations, and agreements. A significant number of acquisitions & mergers were also undertaken during this period.  

The best GIS software (geographic information system) allows you to create maps and other graphic displays of geographic information for analysis and demonstration. With these abilities, a GIS is an important tool to visualize spatial data or to build decision support systems for use in your organization. GIS data help us in understanding and meeting global challenges. As GIS technology quickly advances, there are various pioneering applications in the planning sector. GIS software can be used to integrate geographic intelligence into planning processes and can change how we think and behave. The major function of GIS software is to provide a visual representation of data. It is projected that 80% of the data we consider has a geospatial element of some form. The best GIS software (geographic information system) provides a source for that data to be stored in a database and then represented visually in a mapped format.

About 360quadrants 

 

360Quadrants is the largest marketplace looking to disrupt USD 6.3 trillion of technology spend and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insights using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7,500 vendors. Companies are able to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in niche spaces, to be consumed by giants and startups alike. Experts are able to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 buyers across various markets. 

360Quadrants will also be launching quadrants in fields such as Digital Transformation Software, Cloud Computing Software, and Access Control Software. 

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Mr. Agney Sugla 

agney@marketsandmarkets.com 

630 Dundee Road, Suite 430 

Northbrook, IL 60062 

USA: +1-888-600-6441 

Asset Management System Market worth $27.4 billion by 2025

According to the new market research report "Asset Management System Market With Covid-19 Impact by Solution (GPS, RFID, RTLS, Barcode), Asset Type (Electronic Assets, Returnable Transport Assets, In-Transit Equipment, Manufacturing Assets, Staff), Industry, Geography - Global Forecast to 2025" , The Asset Management System Market is projected to grow from USD 16.8 billion in 2020 to USD 27.4 billion by 2025; it is expected to grow at a CAGR of 10.3% from 2020 to 2025. The key factors fueling the growth of the market include the optimum utilization of resources and reduced downtime of equipment.

The returnable transport asset type to hold the largest size of the asset management system market by 2025

Management of returnable transport assets includes tracking of returnable transport items (RTI) and returnable transport packaging (RTP). Barcodes, RFID tags, and Wi-Fi tags are used to track assets, increase the productivity of organizations, and reduce human effort in managing assets. They are increasingly being used in automotive, beverages, grocery, food processing, dairy, retail, medical, pharmaceuticals, home improvement, raw materials, and postal services applications. The demand for returnable transport asset management systems is expected to increase from the retail and healthcare industries as these are waste-sensitive industries wherein any waste can result in significant losses to businesses.

The GPS solution is projected to account for the largest size of the asset management system market by 2025.

The growth of this segment can be attributed to the efficiency-related benefits offered by GPS that assist businesses in reducing their operational costs and increasing their profitability. In fleet management, GPS solutions help in optimizing the route of fleet vehicles, decrease the response time of fleet vehicles for improved customer service, reduce the fuel costs, improve the safety of fleet vehicles, and minimize the business losses caused by thefts. These advantages of GPS solutions drive the growth of the GPS segment of the asset management system market during the forecast period.

North America projected to be the largest market for a asset management system from 2020 to 2025.

The adoption of asset management systems in North America by companies to manage their assets is fueling the growth of the asset management system market in the region. In addition, the Government of the US has initiated advanced manufacturing partnership 2.0 initiative to strengthen the competitive position of companies based in the country. The companies in the US have consolidated their production and increased their focus on operational expenditure over capital expenditure. The increasing use of smart manufacturing technologies is enabling manufacturers to enhance their production efficiency and decrease their operational expenditure. This, in turn, is expected to lead to the growth of the asset management system market in the US. Although, due to COVID-19 impact on North America has been significant, the overall market for asset management system is 2020 is going to get affected significantly considering the temporary manufacturing plant shutdowns and supply chain disruption in the region.

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The key players operating in the asset management system market include Zebra Technologies Corp. (US), Stanley Black and Decker, Inc. (US), SATO Holdings Corp. (Japan), Impinj, Inc. (US), Honeywell International Inc. (US), Datalogic S.p.A (Italy), Trimble Inc. (US), TomTom International BV (Netherlands), and Topcon Corp. (Japan). Other companies include NCR Corp. (US), Cognex Corp. (US), Fleetmatics LLC (US), and Teletrac Navman Group (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Digital Substation Market worth $9.1 billion by 2025

The report "Digital Substation Market with Covid-19 Impact Analysis by Module (Hardware, Fiber-Optic Communication Networks, and Scada Systems), Type (Transmission and Distribution), Voltage, Installation Type, Industry, and Region - Global Forecast to 2025", is projected to reach USD 9.1 billion by 2025 from USD 6.4 billion in 2020; it is expected to grow at a CAGR of 7.1% during the forecast period. The growth of the digital substation market can be attributed to growing infrastructure development in smart cities, increasing power demand with limited space availability, increasing demand for replacing traditional substation infrastructure, and increasing interoperability and safety. Rising demand for renewable energy projects and for battery technology to generate electricity is creating ample growth opportunities in the market.

Globally, countries are shifting toward the adoption of sustainable electricity infrastructure. The rising need for secure electrical networks across several industrial, commercial, utility, and residential verticals is increasing the adoption of digital substations. Favorable policies and regulations of governments alongside the electrification of off-grid networks are likely to help propel market growth.

Fiber-optic communication networks segment of the digital substation market projected to grow at the highest CAGR during the forecast period.

The fiber-optic communication networks segment is projected to grow at the highest CAGR from 2020 to 2025. The growth of this segment can be attributed to the advantages offered by fiber-optic communication networks over general copper wires. Some of the major advantages offered by the fiber-optic communication networks include improved reliability for long-distance transmission, enhanced security, long lifespan, and ease of maintenance. Various countries and companies are replacing copper wires with the fiber-optic cables to increase their operational efficiency.

Among type, the transmission segment projected to hold a larger share of the digital substationmarket during the forecast period.

Transmission substations integrate transmission lines with networks having multiple parallel interconnections so that that power can be transmitted easily over long distances from any generator to any consumer. These transmission grids are often called bulk power systems. Transmission substations connect two or more transmission lines with the same voltages. These substations contain high-voltage switches that allow lines to be connected or isolated, in case of any fault or maintenance activity taking place in transmission lines.

Retrofit installations segment to grow at a higher CAGR during the forecast period.

Insufficient levels of standardization, the fear of degraded reliability, and the lack of return on investment have slowed down the emergence of fully digital substations. But presently, the IEC 61850 standard makes it possible to facilitate interoperability between different equipment and suppliers.  IEDs used in these substations control primary equipment and protect them from further damages. IEDs provide control and interlocking functions. These devices continuously monitor the electrical behavior of the substation. Companies are investing in retrofit projects to make secondary systems compliant with the new IEC 61850 standard and serve the needs for the next 10 to 15 years.

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The digital substation market in Asia Pacific projected to hold the largest share in 2025.

Asia Pacific (APAC) is expected to continue to lead the digital substation market by capturing the largest market size throughout the forecast period. The Government of China has planned to invest USD 31 billion in smart grids by 2020, which would include the installation of digital substations. Likewise, investments pertaining to grid modernization are also going on in countries such as Indonesia, Malaysia, South Korea, Japan and other south Asian countries. All these factors are fueling the growth of the digital substation market in the region. The Indian government is following the smart infrastructure vision in their country. The smart power infrastructure includes digitization of the grid, which helps to distribute uninterrupted electricity to the industrial, residential, and commercial end users.

ABB (Switzerland), General Electric Company (US), Siemens AG (Germany), Eaton Corporation Inc. (Ireland), Schneider Electric SE (France), Honeywell International Inc. (US), Cisco System (US), NR Electric (China), Emerson Electric Co. (US), and Larsen & Toubro Limited (India) are a few major players in the digital substation market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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MarketsandMarkets™ INC.

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Power Tools Market worth $36.9 billion by 2025

According to the new market research report "Power Tools Market with COVID-19 impact Analysis by Mode (Electric (Corded & Cordless), Pneumatic), Tool Type (Drilling & Fastening, Sawing, Demolition, Material Removal), Application (Industrial (Construction, Automotive, Aerospace, Energy), DIY) - Global Forecast to 2025", the power tools market is projected to grow from USD 29.5 billion in 2020 to USD 36.9 billion by 2025; it is expected to grow at a CAGR of 4.6% from 2020 to 2025. The key factors fueling the growth of the market growing adoption of cordless power tools, rising demand for fastening tools in industrial environments, and growing construction industry in emerging economies are the key factors driving the growth of the power tools market. The power tools market offers several opportunities for manufacturers to focus smart connectivity for power tools.

“Drilling and fastening tools to lead power tools market during forecasted period”

Currently, drilling and fastening tools hold the largest market share among all other tool types in the power tools market, and a similar trend is likely to continue during the forecast period. Drills or impact drills are used for drilling and screw driving applications. Electric drilling and fastening tools are used by professionals and DIY consumers, while most pneumatic drilling and fastening tools are used in industrial environments such as automotive and aerospace manufacturing plants. However, several industrial units across the world have suspended their operations owing to the outbreak of the COVID-19. This is expected to create a temporary slag in the growth of the power tools market in 2020.

“Market for electric power tools to grow at fastest CAGR from 2020 to 2025”

Electric power tools are operated either through battery, based on application, or through corded power supply. Corded electric tools are plug-n-play tools, whereas cordless tools are easy to operate, efficient, and handy in nature. Due to their ergonomic advantages, end users prefer cordless tools over conventional tools. The European Union has already banned the use of nickel–cadmium (Ni-Cd) for power tool batteries due to the toxic properties of cadmium. Majority of manufacturers are focusing more on launching cordless tools powered by lithium-ion batteries. As a result, the demand for cordless electric power tools with lithium-ion batteries is likely to increase during the forecast period.

“Industrial application to hold larger market share for power tools in 2020”

Power tools are used in several industries, such as construction, automotive, aerospace, energy, and shipbuilding. The construction industry is at the leading position in the power tools market as these tools are used in a majority of construction projects. Energy sector is likely to have high growth opportunities in the near future owing to increasing installation of renewable power plants across the world. Fastening power tools have major applications in automotive, aerospace, and energy industries. However, during the period of economic depression due to COVID-19 pandemic, the difficulties that power tool manufacturers and their customers face in accessing credits strongly affect the sector as credits are critical for investments.

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“North America to be largest market for power tools during forecast period”

North America is expected to dominate the global power tools market during the forecast period. In North America, power tools are extensively used for both industrial and residential/DIY applications. The DIY trend is already prevalent among consumers in this region and is likely to continue to drive the demand for power tools, especially for cordless tools. The US is expected to hold the largest share of the North American power tools market. Manufacturing companies based in the US are expected to drive the demand for power tools. The construction industry is expected to witness significant demand in the near future, which will drive the demand for power tools.

Major players in the power tools market are Stanley Black & Decker (US), Techtronic Industries (Hong Kong), Robert Bosch (Germany), Makita Corporation (Japan), Hilti Corporation (Liechtenstein), Atlas Copco (Sweden), Apex Tool Group (US), Ingersoll-Rand (Ireland), KOKI Holdings (Japan), and Snap-on Incorporated (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

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Suite 430

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USA: 1-888-600-6441

COVID-19 Impact on 3D Printing Market worth $30.2 billion by 2025

The Report "COVID-19 Impact on 3D Printing Market by Offering (Service, Printer, Material, and Software) - Global Forecast to 2025" Post-COVID-19, the global 3D printing market size is estimated to grow from USD 11.4 billion in 2020 to USD 30.2 billion by 2025; it is expected to grow at a CAGR of 18% from 2019 to 2025. The market in 2020 is estimated to witness a drop of more than 19% in comparison to the pre-COVID 2020 estimates. A key reason for this is that although the operation of 3D printers is expected to be high in 2020, most of the activities for which the printers/services are being employed are being done free of cost during this time of need.

Factors that will drive the post-COVID-19 3D printing market growth include the need for 3D printing to provide aid to the disrupted supply chain, move by companies to increase the variety and range of products to be printed in the long term, and companies moving toward creating a digital inventory. In the long term, companies will have to start adopting new strategies, making radical changes to ensure that they are not in a situation, which is similar to what they are facing currently as a result of a possible future pandemic/disaster. As such, 3D printing forms an integral part of digitization plans in organizations, which will now fastrack in the coming years to regain momentum.

Printer sales are expected to stagnate in 2020 and pickup again during forecast period showing healthy double-digit growth rates

The 3D printing market will continue to generate revenue in 2020 although not as much as initially estimated before the pandemic. The losses of the first half of the year are expected to be compensated to a certain extent by the revenue generated in the second half of the year. Growth in the following years will be a result of backlog orders across all end-user industries as well as sales from new customers who previously had not thought of employing 3D printers until the pandemic had portrayed the benefits.

Material sales will follow similar trend to that of printers with players in future investing more on emerging material types

The revenue generated from the sales of materials for 3D printers would be following a similar trend as that of printers. Large volumes of printing may be taking place in the first quarter of 2020, however, in most of cases, the materials are being provided free of cost. There will be a focus on the use of emerging materials for printing during the forecast period, however, the benefits of the same will start to emerge after the forecast period.

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Global 3D printing market will continue to be resilient during and post COVID-19 pandemic

The overall 3D printing market will witness a contraction in potential revenue that could be generated. For example, the drop in anticipated revenue for 2025 is expected to be USD 6.3, however, this is far better than what many other industries would be witnessing now as a result of the various implications of COVID-19. The encouraging fact for the 3D printing industry, however, is that the return to double-digit growth rates is expected to take place as early as next year, which is especially attractive for new players planning on entering the market in the next few years.

3D HUBS, 3D Printing Ally, 3D Systems, Craftcloud, Formlabs, Materialise, Origin, SLM Solutions Group, Stratasys Ltd, and Tinkerine are a few of the industry participants present in the 3D printing market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Ethernet Controller Market worth 11.89 Billion USD by 2023

The report "Ethernet Controller Market by Function (PHY & Integrated), Bandwidth (Ethernet, Fast Ethernet, Gigabit Ethernet), Packaging (Flip-chips, and Grid Arrays, QPF, QFN, and Others), Application and Geography - Global forecast to 2023", The Ethernet controller market is expected to grow from USD 8.28 Billion in 2017 to USD 11.89 Billion by 2023, at a CAGR of 6.22% between 2017 and 2023. The growing demand for high-performance applications, integration of advanced features, small form factor, and easy interface with 16 and 32-bit embedded CPUs are the key driving factors for the Ethernet controller market.

Ethernet controller market for flip-chips and grid arrays expected to grow at the highest CAGR during the forecast period

The market for flip-chip and grid arrays is expected to witness a significant growth during the forecast period owing to factors such as high pin density, low thermal resistance, and low inductance. The Ethernet controller market by packaging was dominated by the flip-chip and grid array. In 2016, flip-chip and grid array held the largest market size of the overall Ethernet controller market for packaging.  The increased adoption of the flip-chip packaging methodology is a result of its smaller size regarding both height and area. Flip-chips also offer reduced inductance, allowing higher speed signals, coupled with a considerably better heat conductivity. Also, the performance in high-frequency applications is superior when using flip-chips in comparison with the other interconnection methods, because the length of the connection path is minimized. Similarly, the grid array packages enable high-density connections. This is due to the ability of the grid arrays that allow the underside of a chip package to be used for connectivity.

Increasing use of servers is driving the Ethernet controller market

Among applications, servers are expected to lead the overall Ethernet controller market due to the highest CAGR during the forecast period. The enterprise migration to the cloud and the role of emerging technologies such as artificial intelligence, IoT, and analytics are increasing the use of servers. The increasing number of broadcasters offering direct-to-consumer (D2C) propositions through OTT services, along with traditional distribution routes has also propelled the growth of servers.

APAC expected to hold the largest market share, while North America projected to witness the highest growth rate

APAC is expected to account for the largest share of the Ethernet controller market in 2017, followed by North America and Europe. The market in APAC is expected to grow at the highest CAGR during the forecast period. The growth of this market in APAC can be attributed to the increased use of Ethernet controller in servers, consumer applications, and desktop systems. The growth in the market for Ethernet controller in APAC is also driven by the rising demand for VoIP solutions, gaming consoles, and digital signage in the region.

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The major players in the Ethernet controller market include Intel (US), Broadcom (Singapore), Microchip (US), Marvell (US), and Microsemi (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Data Center Switch Market worth 17.69 Billion USD by 2023

According to the new research report "Data Center Switch Market by Type (Core, Distribution, and Access), Technology (Ethernet, Fiber Channel, and InfiniBand), End User (Enterprise, Telecom, Government, and Cloud), Bandwidth, and Geography - Global Forecast to 2023", the data center switch market is expected to grow from USD 13.91 in 2018 to USD 17.69 Billion by 2023, at a CAGR of 4.92% between 2018 and 2023.

The growth of this market is mainly driven by the need for simplified data center management and automation, high demand for cloud services, and surge in the internet multimedia content and web applications.

Market for access switches is expected to account for the largest size in 2017

The large market size of access data center switches is mainly attributed to a wide network connectivity offered by these switches to distribution layers as well as different end users. Access switches need more number of ports to move the data from one network to another so that the load can be balanced. Thus, these switches ensure connectivity between servers and networks.

Market for InfiniBand data center switches is expected to grow at the highest CAGR during the forecast period

The highest growth rate of InfiniBand switches is largely because of the high-bandwidth solution for each port under a competitive price that InfiniBand switches offer. To reduce the cost of data center switches and to meet the requirements for high bandwidth, low-latency computing, and storage and management over a single fabric, many customers from different industries look forward to adopt InfiniBand switches. However, there are only a few companies involved in the development of this technology as of now. Therefore, the market size for InfiniBand switch systems is small but is expected to grow at the highest CAGR in the next few years.

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>1 Gbps to <10 Gbps bandwidth switches expected to hold the largest market size in 2017

>1 Gbps to <10 Gbps switches are widely adopted. In data centers, all types, namely, access, distribution, and core switches are available with >1 Gbps to <10 Gbps of bandwidth. There has been increasing adoption of >1 Gbps to <10 Gbps switches for the optimum network development. Also, 10 Gbps switches offer high scalability and ensure the smooth and cost-effective transition to a higher bandwidth for network expansion.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Circuit Protection Market worth 53.56 Billion USD by 2022

According to the new market research report "Circuit Protection Market by Type (Overcurrent Protection, Overvoltage Protection, ESD Protection), Device (Circuit Breakers, Fuses, ESD Protection Devices, Surge Protection Devices), Industry, Geography - Global Forecast to 2022", the circuit protection market, the market was valued at USD 35.85 Billion in 2015 and is expected to reach USD 53.56 Billion by 2022, at a CAGR of 5.92% between 2016 and 2022. The increasing adoption of automotive electronics and the growth in the Internet of Things (IoT) market are the major drivers for the circuit protection market.  

Circuit breakers to hold the largest size of the circuit protection market by 2022

Circuit breakers are the most widely used circuit protection devices; they offer advantages such as compact design and ease of use, among others. The market for circuit breakers is expected to be valued at USD 24.69 billion by 2022, growing at a CAGR of 6.03% during the forecast period. Circuit breakers have a wide range of applications in industries such as construction, automotive and transportation, and electrical and electronics equipment, among others. The U.S. is a key market for building construction, which is driving the growth of the market for circuit breakers in North America. The growing inclination toward smart building infrastructure in both developed and developing economies, such as Japan, South Korea, and China, in this region; the presence of a huge customer base; and the rapid technological advancements in the smart home market are some of the factors driving the growth of the circuit protection market in APAC.

Market for ESD protection devices to grow at the highest rate during the forecast period

The market for ESD protection is expected to grow at the highest CAGR of 6.32% during the forecast period. The surge in the sales of advanced electronic devices such as smartphones and laptops has resulted in the increasing demand for ESD protection. ESD protection devices have applications in various industries such as consumer electronics, construction, and automotive, among others. The new generations of portable devices such as cell phones, MP3 players, and digital cameras are increasingly sensitive to damages from ESD voltages as newer IC technologies have smaller geometries and lower working voltages. With the increasing adoption of these portable devices, the demand for ESD protection is also growing. Also, buildings are inherent static generators, often leading to complaints of electric shocks from people touching metal objects such as door handles, filing cabinets, and hand rails. Due to this factor, there is an increasing need for ESD protection in the construction industry. In addition, Automotive and transportation is a rapidly growing application area for ESD protection devices due to the increasing use of automotive electronics in this industry. Automated driver assistance, infotainment, navigation, and telematics, among others, are some of the major applications in the automotive industry. These applications require devices that incorporate electronics and microprocessor systems sensitive to electrostatic discharge. This factor is driving the growth of the market for the automotive and transportation industry.

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North America to hold the major share of the circuit protection market between 2016 and 2022

North America, comprising the U.S., Canada, and Mexico, holds the largest share of the global circuit protection market. This region presents a huge opportunity for the circuit protection market considering the developments taking place in the construction, electronics and electrical equipment, energy, manufacturing, and automotive and transportation industries in North America. The residential and commercial buildings are the major consumers of electricity in this region, which is leading to the increasing adoption of circuit protection devices in the construction industry. North America is also one of the largest markets for consumer electronics, which need protection from overcurrent, overvoltage, short circuit, and ESD. This factor is driving the growth of the circuit protection market for the electronics and electrical equipment industry in this region.

The major players in the circuit protection market are ABB Ltd. (Switzerland), Siemens AG (Germany), Eaton Corp. Plc (Ireland), Schneider Electric SE (France), General Electric Company (U.S.), ON Semiconductor Corp. (U.S.), Mitsubishi Electric Corporation (Japan), NXP Semiconductors N.V (Netherlands), Rockwell Automation Inc. (U.S.), Texas Instruments Inc. (U.S.), Bel Fuse Inc. (U.S.), and Larsen & Toubro Ltd. (India).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441