Telecom Analytics Market is expected to reach US$ 11.70 Bn in 2027

 The global telecom analytics market is expected to reach at US$ 11.70 Bn by 2027, witnessing a growth of 18.88% CAGR across the forecast period of 2019 to 2027.

Product Insights:

Data analytics in telecom sector brings value in decision making and provide more precise and actionable insights, giving competitive advantages to telecom companies and able them to chart more efficient cost structure. Huge amount of unstructured data is created from social media, communication and connected devices; when converted into structured data, telcos can take out an insightful information about their customer preferences and choices which in turn will help telcos to figure out customer profile and produce more targeted offers. Growing competition among telecom players along with higher churning rate of customers have pushed the telecom operators to use data analytics and business intelligence in decision making. 

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Based on offering, telecom analytics market was dominated by solutions segment in 2018. Telcos are more concerned about churn prediction and its prevention, revenue management and effective marketing strategies targeted towards alike customers to improve subscriptions. In addition to this, with data analytics, telcos can derive real-time network performance measurement to optimize their network quality. Using data analytics, telcos can detect fraud calls and hacking, thereby improving their overall operations as well as customer experience. All these benefits offered by data analytics has influenced the solution segment which in turn helps to grow the telecom analytics market. 

In terms of geography, North America held the largest share in telecom analytics market in 2018. The market here is primarily governed by the high spending over analytics solutions in the region. The presence of large number of industry players such as IBM, Oracle Corporation, etc. among others in North America is another factor supporting the regional growth. Also, telecom industry is highly developed in North America with robust penetration of telecom industry among population. This high penetration of telecom users creates large data which in turns helps to grow the market of telecom analytics in North America. 

Competitive Insights:

Some of the major players profiled in telecom analytics market includes IBM, Oracle Corporation, SAP SE, Adobe Inc., Tableau Software, Alteryx, Inc., MicroStrategy Incorporated, Sisense, Inc., Teradata Corporation, Micro Focus International plc, TIBCO Software Inc., OpenText Corporation and Panorama Software, etc. among others. These players are adopting various strategies such as acquisition and partnership with other players to increase their market share.

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Cloud-based Segment accounted for the Largest Market Share in 2018

Based on deployment type, cloud-based segment has major share in telecom analytics market in 2018. Cloud-based analytics provides readily available data models, servers, advanced tools and analytics. This saves time and money for building infrastructure like in case of on-premise analytics. Cloud-based analytics offers real-time access to data for broader user base. These solutions are high powered and can deliver result in no time. In cloud platform, unlimited data storage limit is available on demand unlike on-premise platform where there is limit on storage capacity and performance. Subsequently, cloud-based analytics segment would continue leading the market registering high growth rate.

North America Gathered Largest Market Share in 2018

In 2018, North America led the telecom analytics market worldwide. The region is expected to witness a considerable growth during the forecast period from 2019 to 2027. Large number of telecom operators are situated in North America and there is a growing competition among these players to increase their number of subscribers. By 2018, more than 30% of market share is captured by this region.

As of 2019, more than 90% of Americans use internet for communication which is more than 275 million people. Millions of GB data created by these users is used for analyzing the customer choices and personality. Large number of internet users in the region and their creation of huge data has forced the players to invest in telecom analytics to stay competitive in the big market of North America. This in turn helps to grow the telecom analytics market in North America. 

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High Frequency Line Traps Market- Power Transmission Segment Dominated the Application Market

 The global high frequency line traps market is set to grow with a CAGR of 7.0% during the forecast period.

Market Insights

The global high frequency line traps market is mainly driven by rapid advancements in the power and energy sector. Technological advancements have been responsible for the changes in making the energy transmission easy and uninterrupted. Numerous research studies have been conducted to develop ways to measure the characteristic of frequency-impedance of the line trap of power system. These studies showcases the importance of low and high frequency line traps and thus, are contributing to the growth of this market during the forecast period.

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The high frequency line traps are considered to be reliable tuning system, and highly reliable communication channel. They are of compact size and require minimum maintenance which offers significant benefits to the end user. These features are largely contributing to its increasing adoption, and thus driving the growth of this market. Furthermore, growing demand for reliable and fast data transmission has driven the demand for high frequency line traps. However, factors such as interferences produced, and complex installations are likely to have a negative impact on the market growth during the forecast period.

Based on product type, the high frequency line traps market is segmented into main coil, the tuning device, and surge arrester. The main coil dominated the global high frequency line traps market by holding a largest market share. However, the market for tuning device is projected to be equally significant during the forecast period. Furthermore, the power transmission application led the market with over 60% of the market share as there is growing demand for fast data connections across the globe. Growing developments in telecom industry is also driving the demand for these line traps in telecommunication industry.

Based on geography, North America held the maximum market share of over 40% of the total revenue generated in the global high frequency line traps. Factors such as rapid development in the power and energy industry, growing internet penetration and growing demand for fast and reliable energy and data transmission are the major factors contributing to the growth of this market. However, Asia-Pacific is projected to grow at a significant rate during the forecast period. Increasing demand for energy in remote locations of various developing and under developed regions are the primary factors driving the growth of this market.

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Some of the prominent players operating in the high frequency line traps market include ABB, Siemens, GE, Arteche Group, FdueG srl, Phoenix Electric Corporation, Laxmi Electronics, Trench Group, United Automation, and Hilkar.

Power Transmission Segment Dominated the Application Market

Based on application, the high frequency line traps market was led by power transmission segment with a market share of over 60% in 2018. As these line traps provide fast and reliable signals, they are largely adopted for power transmission purposes. Furthermore, growing operations in the electric power network are also contributing to this high market share. However, growing developments in telecom industry is also driving the demand for these line traps in telecommunication industry.

North America Dominated the Market by Region

In 2018, North America led the global high frequency line traps market by contributing a largest market share of over 40% of the total revenue generated. Development in the power and energy industry, growing demand for fast and reliable energy and data transmission, and growing industrialization are the major factors contributing to the growth of this market. However, Asia-Pacific is projected to grow at a significant rate during the forecast period.

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Industrial Filters Market-Expected to reach US$ 5.03 Bn in 2027

 The global industrial filters market is expected to witness a growth of 6.09% CAGR across the forecast period of 2019 to 2027. 

Product Insights :

Industrial filters are among the most crucial components used in pharmaceutical & chemical industries in order to ensure optimum quality of the products. Rapid industrialization in Asia Pacific and other regions of the world along with stringent environment norms for treatment of industrial waste is driving the market growth. By 2027, the industrial filters market is expected to reach at US$ 5.03 Bn, expanding at a CAGR of 6.09% across the forecast period of 2019 to 2027. 

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Moreover, with rising population, rapid urbanization of the major cities is happening all over the world. Along with this, changing lifestyle of people where fast food, ready-to-eat food, processed food and convenience food are in high demand. These factors have assisted for the growth of food and beverages industry worldwide. This growth also influenced the demand for industrial filters. In 2018, food and beverages industry accounted the largest share of industrial filters market. 

In terms of geography, Asia-Pacific has the largest share in industrial filters market in 2018. It accounts more than 40% share of the market and it is expected to remain dominant during the forecast period. The region is home to about 4.3 Bn people which is about 60% of world population and it is rising at a robust rate. Growing population has increased the food and beverages industry in the region. This has influenced the industrial filters market in Asia Pacific. Furthermore, nearly 60% of the young population of the world lives in Asia Pacific. This young population is driving the automotive industry in the region which in turn influencing the industrial filters market in Asia Pacific. 

Competitive Insights:

Some of the major players profiled in industrial filters market includes Pall Corporation, Alfa Laval AB, 3M, Eaton Corporation Plc, Mann+Hummel Group, Cummins Filtration Inc., Ahlstrom-Munksjo Oyj, ClearEdge Filtration Group Corporation, Nordic Air Filtration, Fibertex Nonwovens A/S, Sefar AG, Freudenberg Filtration Technologies, and Sandler AG, etc. among others. These players are adopting various strategies such as acquisition and infrastructure modernization to increase their market share. 

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Filters with Liquid Media recorded the Largest Market Share in 2018  

In 2018, liquid media filters have registered the largest share in market. It accounts more than 35% share in industrial filters market. It finds its applications in industries such as food & beverages, pharmaceuticals, power, chemical and mining, etc., among others. In addition to this, strict laws for treating industrial and municipal waste has also influenced the demand for liquid filters.   

Furthermore, degrading air quality along with global warming have forced countries to form laws for reducing air pollution. Government initiatives (such as UK’s “Clean Air Strategy, 2019”) for improving air quality also encouraged the demand for air filters. It is expected that the market share of air filters to speed up during the forecast period.

Asia Pacific Garnered Largest Market Share in 2018

In 2018, Asia Pacific led the industrial filters market worldwide. The region is expected to witness a considerable growth during the forecast period. Asia is the fastest growing economic region. Rapid industrialization in countries such as China, India and countries of ASEAN group has triggered the demand for industrial filters in Asia Pacific. In addition to this, strict environment laws for waste management (such as India’s “Waste Management Rules, 2016”) are supporting the demand for industrial filters in Asia Pacific.

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Reverse logistics market 2027: E-Commerce to be the fastest growing segment

 The overall reverse logistics market worldwide was valued at US$ 967.89 Bn in 2018 and is set to grow with 5.9% CAGR during the forecast period. 

Market Insights

Penetration of e-commerce and growing product recalls in automotive & pharmaceutical industry worldwide, are driving the reverse logistics market growth globally. Reverse logistics refers to the process of operations which leads the product from point of consumption (consumer) to point of origin (manufacturer, distributor, or retailer) for repair, disposal, replacement, refurbishment and other purposes. In 2018, the global e-commerce retail was valued at US$ 2.8 Tn, out of which more than 25% of the products were returned. Simultaneously, over 8% of brick & mortar products are returned every year, thereby driving the reverse logistics market growth worldwide. Product recalls by automotive & pharmaceutical manufacturers, introduction of blockchain technology in logistics and stringent government regulations for e-waste are the other major factors responsible for the growth of reverse logistics market. As a consequence of aforementioned factors, we expect that the global reverse logistics market will show significant growth during the forecast period from 2019-2027. 

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Based on cost incurred type, the reverse logistics market has been divided into three segments: manufacturer, distributor and retailer. Manufacturer segment was the largest value contributor with more than 50% of the market share in 2018. Huge number of product recalls in automotive & pharmaceutical industry and products returns in e-commerce industry are the major reason for growth of the segment.  For instance, According to National Highway Traffic Safety Administration, in 2018, manufacturers recalled over 29.3 Mn vehicles in the U.S. alone. In the global pharmaceutical industry around 5% products are recalled by the regulatory & government bodies and around 25% of products are sent for refurbishment annually. Therefore, we expect that the manufacturer segment will continue leading the reverse logistics market throughout the forecast period. 

Based on the geography, in 2018, Asia Pacific was the market leader backed by North America and Europe. Asia Pacific accounts for more than 30% of the revenue share in the same year. The regional market growth is attributed to large share in manufacturing industry and growing e-commerce industry in the region. Further, Asia Pacific was the largest e-commerce market with sales of around US$830.0 Bn in 2018. Incorporation of specialized reverse logistics companies in the region is the other major growth factor. China has the largest share in Asia Pacific reverse logistics market owing to its no. 1 position in manufacturing industry with over US$ 2.2 Bn manufacturing output in 2017. Consequently, we expect that Asia Pacific will remain the key contributor in reverse logistics market during the forecast period. 

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Major market players are developing new strategies such as product launch to increase their market presence. For example, in February 2017, FedEx Corporation’s subsidiary company FedEx supply chain launched FedEx Fulfillment. FedEx Fulfillment will provide e-commerce solutions to medium and small businesses to fulfill orders from different channels such as online marketplaces and websites. FedEx Fulfillment will also help in managing inventory and will provide reverse logistics solutions.

Some of the major companies profiled in the report include Cycleon Netherlands B.V., C.H. Robinson, DB Schenker, FedEx Corporation, Kintetsu World Express, Inc., Reverse Logistics Company, The Deutsche Post AG, United Parcel Service, Yusen Logistics Co., Ltd., Cycleon Netherlands B.V., CEVA Logistics and others. 

E-Commerce to be the fastest growing segment

E-commerce industry segment will be the fastest growing segment during the forecast period owing to continually growing e-commerce penetration worldwide. In 2018, there were more than 1.92 Bn e-commerce users globally. The return rate of e-commerce products is around 25% of the global e-commerce sales. E-commerce consumers return the products due to wrong/damaged product received, quality issue, incorrect size and others. Ease of access to e-commerce and convenient product return process are the major growth factors for the segment. Therefore, we expect that the e-commerce segment will be the fastest growing segment in the global reverse logistics market.

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Graph Database Market- Expanding at a CAGR of 24.3% between 2019 to 2027

 The global graph database market is expected to reach US$ 4,603.4 Mn by 2027, expanding at a CAGR of 24.3% during the forecast from 2019 to 2027. 

Market Insights

Surge in demand of connected devices across the world has considerably increased the volume of data generated per year. In addition, increase in penetration of social media and internet has also contributed significantly in the volume of data generation per year. This in turn has turned the data analytics into more complex and time consuming task. In the wake of same, business users are demanding for more real-time, fast, and integrated data solution to extract various insights. Graph database uses graph theory to solve the complex and connected problems.

The global graph database market is bifurcated on the basis of component, type, deployment, organization size, application, and industry verticals. Large enterprises dominated the global graph database market in the year 2018, as larger enterprises generate large volume of data every year, they require periodic analysis of the data generated. For instance, Amazon, Netflix, and LinkedIn are some of the large consumer-facing platforms that effectively use graph database platform for storing consumer behavior and relationships. However, Small & Medium Enterprises (SMEs) is predicted to grow with highest CAGR over the forecast period. SMEs is expected to exploit graph technology for getting 360-degree view of the business. Graph database is majorly used for fraud detection, master data management, and for analytical study of data on different platforms. 

Asia Pacific is expected to witness highest CAGR during the forecast period. The significant growth of the region is mainly attributed to the rapid growth of connected devices and solutions in the region. As per ‘GSMA Intelligence’, Asia Pacific is anticipated to be the largest connected devices market by 2020 with more than 11 Billion connected device across the region. In addition, region also seeks enormous growth in the social media subscribers over the past few years that again accounts for one of the major reasons for the surge in the graph database solution. 

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Tools Segment dominated the Global Graph Database Market in the year 2018

Tools segment held majority of revenue share in the year 2018 and is projected to continue its dominance during the forecast period. Significant deployment of graph database tools in large enterprises in the past few years is the major factor supporting its dominance in the global graph database market. In addition, increasing social media users and proliferation of e-commerce business has triggered the application of social graph and purchase graph to properly analyze and store the relationship between the data and users. Many social media platforms and e-commerce giants such as Facebook, Amazon, LinkedIn, Microsoft and Twitter have powered their business with graph database solutions.

Asia Pacific witnesses Highest Growth over the Forecast Period

North America dominated the global graph database market in the year 2018. Presence of prominent graph database vendors in the region such as Amazon Web Services, IBM, Microsoft, Neo Technology, Oracle, and Tiger Graph accounts for one of the prime factors behind the significant growth of North America. Moreover, introduction of General Data Protection Regulation (GDPR) in European region has surged the demand for graph database solutions. As per the regulation, users can now control the usage and visibility of their personal data on any media sites. This has generated complex data lineage problems that is unable to be solved with Relational Database (RDBMS) and require modern graph technology to address them. Thus, graph database is the best solution to address the connected data requirements of GDPR compliance.

Key Players & Competitive Landscape:

Some of the prominent players profiled in the global graph database market report include IBM Corp., Microsoft Corp., Oracle Corp., Amazon Web Services Inc., Neo Technology (Neo4j) Inc., Teradata Corp., Tiger Graph, OrientDB, Ontotext, TIBCO Software Inc., DataStax Inc., MarkLogic Corp., Cray Inc., Stardog, Memgraph, ArangoDB GmbH, and Bitnine Global Inc. among others.

Key questions answered in this report

• What was the global market size of graph database in 2017 & 2018?
• What is estimated forecast and market projections up to 2027?
• Which is largest regional market for graph database?
• Which component has the largest penetration in graph database market?
• Which is the most preferred deployment type in graph database?
• Which are the predominant trends shaping the global graph database market?
• Which is the most promising, attractive, and less-explored region in the global graph database market?
• Who are the leading vendors in the global graph database market?
• What are the premiere strategies adopted by the leading vendors in the global graph database market?

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Mass Notification Systems Market- On-premise Deployment Model Segment Dominated the Global Market

 The overall mass notification systems market worldwide was valued at US$ 6.50 Bn in 2018 and is set to grow with a CAGR of 19.2% during the forecast period.

Market Insights

The global mass notification systems market is highly driven by increasing concerns regarding public safety and security across the globe. Governments and other private organizations across various developed and developing countries are looking towards improving their response times in order to provide effective services whenever required. Prompt responses enable the businesses and organizations to maintain their status and customer loyalty. Thus, the adoption of mass notification systems is high in various business sectors to receive real-time alerts and provide accurate responses in crisis situations. 

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Furthermore, factors such as growing need to maintain commercial steadiness, awareness and adoption of advanced emergency systems and growing demand for rapid notification or reporting systems are also driving the growth of this market. Moreover, mass notification systems can be available in various formats such as email, SMS, web, and social media which provides various opportunities for the players to improvise their solutions. However, lack of regulatory policies in various industries, limited awareness, and inadequate hardware infrastructure are expected to restrain the growth of this market during the forecast period. 

Based on deployment model, the mass notification systems market was segmented into on-premise and cloud based models. The on-premise model dominated the market by holding a market share of over 60%, however based on technological advancements and advantages associated with cloud computing, the cloud based models are likely to experience an exponential growth. Based on geography, North America accounted the largest market share due to increasing adoption of cloud based solutions and growing advancements in emergency response systems. In North America, US is the prominent market share holder and is projected to witness a significant growth of over 20.0% during the forecast period.

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On-premise Deployment Model Segment Dominated the Global Market

Based on deployment model, the global mass notification systems market was dominated by on-premise model that held a market share of over 60% in 2018. Being a traditional method of deployment, the on-premise models are largely used, as it reduces the turnaround time in times of emergencies. Most of the mass notification systems are deployed on-premise as it is considered to be the most reliable ways due to the criticality of operations. However, cloud based systems are gaining traction due to increasing adoption of cloud computing, and emergence and adoption of high-tech tools in the technical fields.

North America Dominates the Market by Region

North America led the mass notification systems market in 2018 by holding a market share of over 30%, due to increasing demand fast message delivery systems in various sectors. Furthermore, development of advanced technologies and growing security concerns in public places is also responsible for the huge market share in this region. However, Asia-Pacific is projected to grow at a highest CAGR during the forecast period. Increasing incidences of natural disasters, and growing awareness of improved mass notification systems to improve the time of providing emergency services is fueling the growth of this market.

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Gas Circuit Breakers Market- Industrial End User Segment Dominated the Global Market

 The overall gas circuit breaker market worldwide was valued at US$ 600.5 Mn in 2018 and is set to grow with a CAGR of 5.0% during the forecast period.

Market Insights

Gas circuit breaker are largely being used as alternative for fuses, oil circuit breaker and many such conventional methods. The advantages associated with gas circuit breaker makes it a reliable alternative to maintain the energy transmission in industrial, commercial, and residential sectors. Currently, gas circuit breaker is increasingly being adopted in high voltage applications. This adoption is primarily increasing due to rapid urbanization and industrialization in developed as well as emerging countries. In addition, there has been development of hybrid gas breakers that are produced to diminish the environmental impact of SF6. These factors are expected to fuel the growth of gas circuit breaker market during the forecast period.

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Furthermore, in order to ensure smooth flow of current and avoid any destruction, governments across the globe are investing in power transmission and distribution areas. Also, numerous investment activities are being conducted to develop the poor infrastructure to reduce the number of electric interruptions. Furthermore, increasing penetration of advanced technologies is also driving the growth of this market. However, lack of standardization, low rate of replacement, high cost of gas circuit breakers, and availability of alternatives such as vacuum circuit breakers are some of the factors restraining the growth of the market during the forecast period.

Based on configuration type, the gas circuit breaker market is segmented into single interrupter, two interrupter, and four interrupter. The single interrupter is the leading market segment holding a highest market share in the global market. Furthermore, based on end user, the industrial sector dominated the market by holding more than 55% of the total market. Growing investment in advanced technologies, and rapid industrialization are the primary factors attributed to this high market share. However, commercial sector is likely to experience a significant growth during the forecast period.

Some of the prominent players operating in the gas circuit breaker market include General Electric, ABB Group, Toshiba Corporation, Nissin Electric Co., Ltd., Siemens AG, Hyosung Corporation, Schneider Electric SE, Kirloskar Electric Company Ltd., Hitachi Ltd., CG Power and Industrial Solutions Limited, HICO America, and Fuji Electric Co., Ltd.

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Industrial End User Segment Dominated the Global Market

Based on end user, the gas circuit breaker market is segmented into residential, commercial, and industrial sectors. In 2018, industrial sector dominated the market by holding more than 55% of the total market. Rapid industrialization, adoption of advanced technologies in various industries, and increasing penetration of gas circuit breakers in industrial divisions are the primary factors attributed to this high market share. However, commercial sector is likely to experience a significant growth during the forecast period. This segment is projected to witness a growth of over 6.5% from 2019 to 2027.

Asia-pacific To Witness a Fastest Growth in the Market by Region

In 2018, the North American gas circuit breaker market was registered to be around $100 Mn. Asia-Pacific is projected to witness a noteworthy growth during the forecast period based on significant development in the industrial sector in various emerging countries. In addition, increasing investment and development of power sector, expanding urbanization, economic growth, and development of infrastructure to maintain the progression are some of the factors contributing the growth of gas circuit breaker market in this region. Furthermore, expansion of various key international players are also fueling the growth of this market during the forecast period.

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