Solid State Drive Market Size & Analysis – Forecasts To 2025

Solid State Drive Market Segmentation: 

By Form Factor (2.5”, 3.5”, M.2, U.2/SFF 8639, FHHL/HHHL); By Interface (SATA, SAS, PCIe); By Technology (SLC, MLC, TLC); By End-User (Enterprise, Client, Industrial, Automotive); By Region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa); End-use Landscape; Vendor Landscape and Competitive Landscape

Solid State Drive Market Insights:

The global solid state drive market is to grow at a CAGR of more than 15 % over the forecast period. Increased application of high-end cloud computing coupled with growing adoption of SSDs in data centers are few of the factors contributing to the growth of this market.

The growing use of SSDs for producing the latest models in mobile devices is anticipated to emerge as a major driver for the global solid state drive market. The benefits associated with the use of SSDs are encouraging leading players in the market to incorporate SSDs into mobile devices manufactured and assembled by them.

The growing use of SSDs as primary storage in devices such as notebooks and ultraportable computers are anticipated to boost the overall market growth. Factors such as costly manufacturing process coupled with high cost of raw materials are likely to hinder the demand for SSDs.

Solid State Drive Market: Form Factor Insights

Based on the form factors, the solid state drive market is segmented into 2.5”, 3.5”, M.2, U.2/SFF 8639, and FHHL/HHHL. The market for half height, half length (HHHL) or full height, half length (FHHL) is projected to grow at a significant rate over the forecast period.

Solid State Drive Market: Interface Insights

The Solid State Drive market is divided into SATA, SAS, and PCIe. SATA interface–based solid state drive segment registered the largest market share in 2016 due to lower cost of interface design. SATA interface provides lower cable size and cost, and quick data transfer through higher signalling rates.

Solid State Drive Market: Technology Insights

Based on the technology, the solid state driver market is segmented into SLC, MLC, and TLC. The solid state drive market for TLC accounted for the largest market share in 2016. TLC provides the cheapest solutions among all other technologies coupled with high storage density. These factors are anticipated to drive the demand for TLC over the forecast period.

Solid State Drive Market: End-User Insights

Based on the End-Use, the market is segmented into Enterprise, Client, Industrial, and Automotive. The automotive application segment is expected to grow at a significant rate over the forecast period.

The growing demand for automotive infotainment systems and advanced connected cars is likely to stimulate the growth of the solid state drive market. SSD is a flash storage solution that delivers reliable and high-performance storage in a number of in-vehicle applications such as 3D mapping and advanced augmented reality in navigation systems, and entertainment systems among others.

Solid State Drive Market: Regional Insights

North America accounted for the largest market share for solid state drive in 2016. Enterprises in Americas are increasing their spending on IT infrastructure to increase their business productivity and to gain a competitive advantage over the market. Factors such as extensive use of SSDs in IT & infrastructure devices to reduce time consumption, facilitate quick data transfer, and achieve high-performance level are likely to boost the regional market.  Moreover, consumers in North America are more inclined towards the use of SSDs as compared to traditional hard disk drives.

Solid State Drive Market: End-Use Landscape

The end-use landscape includes a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from global solid state drive market. The major consumers of the product are General Motors, Ford, and BMW among others.

Solid State Drive Market: Competitive Scenario

Major companies profiled in Global solid state drive market include Samsung (South Korea), Western Digital (U.S.), Intel (U.S.), Toshiba (U.S.), and Micron (U.S.) among others.

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Chat Bots Market Size & Analysis – Forecasts To 2030

Chat Bots Market Segmentation: 

By Product (Artificial intelligence, Human Intelligence, Marketing); By Type (Services, Software); By Application/ Business Model (Bots for Service, Bots for Social Media, Bots for Payments/Order Processing, Bots for Marketing, Others); By Vertical (Healthcare, Retail, BFSI, Media & Entertainment, Travel & Tourism, E-commerce, Others); By Deployment Type (On-Premises, On-Cloud); By End-User (Small Enterprises, Medium Enterprises, Large Enterprises); By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa); End-use Landscape; Vendor Landscape and Competitive Landscape

Chat Bots Market Insights

The chat bots market is projected to grow at a CAGR of more than 30 % over the forecast period. This growth is anticipated to be driven by proliferating demand for intelligent customer engagement, growing usage of mobile applications & websites, and rise in demand of computerized patient management tools in healthcare segment.

The growing demand for advancement in customer relationship management is likely to boost the growth prospects for the global Chat bots market over the coming years. Most of the enterprises are concentrating on expanding their customer base by implementing enterprise solutions such as customer relationship management and enterprise resource planning.

The Chat bots market is likely to account for a significant market share by 2030 due to rapid advancements in the artificial intelligence segment. The rise in use of digital technologies coupled with expanding scope of applications is anticipated to augment the growth of the global market.

Improvements in the technology are projected to create an appropriate interface for chatbots, in turn creating a better network for enterprises. Moreover, there has been a greater emphasis on the easy accessibility of messaging-as-OS platform, which is further expected to accelerate the market growth.

Chat Bots Market: Product Insights

The global chat bots market is segmented into artificial intelligence, marketing, and human intelligence. The artificial intelligence application segment is projected to record a high CAGR of 24 % over the coming years. The marketing segment is also likely to witness a lucrative growth by 2030 due to their extensive use in digital marketing to upgrade the prevailing clients about the latest products and services.

Chat Bots Market: Type Insights

Based on type, the chat bots market is classified into services and software. The services application segment is projected to register the highest CAGR over the forecast period due to extensive use of chatbot services amongst industries. Enterprises can directly link to clients with the help of chatbots. It can also provide data relating to customer preferences, which can be later used for digital marketing purposes.

Chat Bots Market: Application/Business Model Insights

The global chat bots market is divided into bots for social media, bots for payments/order processing, bots for service, and bots for marketing among others, based on applications. The bots for payments/order processing and bots for marketing segments are anticipated to register large market share over the coming years.

The bots for social media business segment accounted for a significant share in terms of number of bots in 2016, whereas the bots for service application segment held majority of the market share, in terms of revenue.

Chat Bots Market: Vertical Insights

Based on type, the chat bots market is classified into Retail, BFSI, Healthcare, Media & entertainment, Travel & tourism, and E-commerce among others

The BFSI segment registered the maximum market share in 2016 and is further likely to dominate the market over the coming years. Factors such as increasing customer base have compelled the BFSI companies to implement chatbots to offer advanced services to their customers.

Chat Bots Market: By Deployment Type

The global chat bots market is divided into on-premises and on-cloud. On-Cloud segment held the largest market share in 2016 and is likely to experience the highest CAGR over the forecast period. The cloud-based smart advisor solution minimizes the usage cost and eliminates maintenance cost of the server.

Chat Bots Market: End-User Insights

The global chat bots market is classified into small enterprises, medium-sized enterprises, and large enterprises. Large enterprises held the highest revenue share in the global chatbot market in 2016. This growth is attributed to their increasing application in initiating business process automation activities.

Factors such as client retention and improved revenue generation is anticipated to augment the use of Chabot technology in the large enterprises

Chat Bots Market: Regional Insights

North America accounted for the dominant revenue share in 2016 and is further likely to retain its position until 2030. The market in the U.S. is anticipated to grow at a healthy rate attributing to the increasing demand for chatbots. The growing investments in research and development in the field of artificial intelligence are providing a significant boost to the growth of the region.

Factors such as low operating costs, enhanced operating efficiency, and growing investments in R & D are anticipated to foster market growth in these regions.

Asia Pacific is anticipated to account for a significant CAGR over the forecast period, attributing to the evolving ICT infrastructure amongst its emerging economies such as India and China.

Chat Bots Market: End-Use Landscape

The end-use landscape includes a list of current and prospective consumers existing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from the global Chat bots market. The major consumers of the product are Amazon.com, Inc., HSBC Holdings, and eBay among others.

Chat Bots Market: Competitive Landscape

The key players profiled in the global chat bots market include Kasisto Inc., Slack Technologies Inc., TigerText, Haptik Inc., Astute Solutions, Imperson Ltd., Kiwi Inc., Helpshift, Pandorabots Inc., and Yahoo Inc.

In May 2016, Tiger Text announced the availability of HealthBot, a custom-branded HIPAA-compliant messaging application that can be embedded into a web page or mobile application to automate a variety of tasks, driving organizational efficiencies and reducing overall costs.

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Vinyl Ester Market Size & Analysis – Forecasts To 2025

Vinyl Ester Market Segmentation: 

By Types (Fiber Reinforced Plastics (FRP), Flue Gas Desulphurisation (FGD), and Corrosion Resistant Materials), By Application (Transportation, Building & Infrastructure, and Military & Aerospace), By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa) End-use Landscape, and Competitive Landscape

Vinyl Ester Market Insights

The global vinyl ester market is anticipated to witness a lucrative growth over the forecast period. It is expected to grow at a significant rate mainly due to the rising demand by consumers for corrosion resistant materials coupled with the increase in infrastructural investments.

Vinyl Ester is a thermoset material that can be used as a composite material and also as thermoset polymer matrix in place of epoxy and polyester materials. They have features similar to polyester and epoxy such as high strength, great thermal stability, ability to withstand water-absorption and low cracking sound.

Vinyl Ester Market: Types Insights

On the basis of types, the vinyl ester market can be segmented into Fiber Reinforced Plastics (FRP), flue gas desulphurisation (FGD), and Corrosion Resistant Materials. The market for FRP is expected to grow significantly on account of the rising application of vinyl ester in waste-management, pharmaceuticals, semi-conductor and power industries. Moreover, the product is also expected to grow significantly due to its corrosion resistance feature. Waste management is anticipated to be a significant factor leading to the growth of the industry. The highly corrosive gases in waste mainly due to sulphur and chloride would require corrosion resistant material for protecting the stacks and chimneys. This would lead to an increase in growth of the vinyl ester market.

Vinyl Ester Market: Application Insights

Vinyl Ester finds application in Aerospace & Defense, Automobile and Construction & Infrastructure industries. The construction & infrastructure industries are expected to grow significantly due to the increasing use of the product in areas such as fascia in buildings and reinforcements for bridges. The features such as high strength and less corrosive nature are also expected to increase the product application in automobile industries.

Vinyl Ester Market: Regional Insights

The market in Asia Pacific is anticipated to witness an accelerated growth over the forecast period attributing to the rising demand for corrosion resistance tanks & pipelines. The increased investment in construction and industrial sectors are also expected to boost the market growth.

North America is also expected to grow significantly due to the existing markets for Fiber Reinforced Plastics (FRP) and Flue Gas Desulphurisation (FGD).

Vinyl Ester Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to vinyl ester over the coming years. The major consumers of the product are Balfour Beatty (UK), Hochtief (Germany), Ford Motor (The U.S.), Honeywell International Inc. (The U.S.) and Airbus Group (France).

Vinyl Ester Market: Competitive Landscape

The global market for this product is expected to be significantly large due to the presence of numerous manufacturers. The key players include Scott Bader (UK), Reichhold (The U.S.), Hexion Inc. (New York), Composites One (The U.S.) and Interplastic Corp. (The U.S.).

In March 2017, The IACMI (Institute for Advanced Composites Manufacturing Innovation), along with Ashland, Zoltek, Michelman, University of Dayton Research Institute (UDRI), Jobs Ohio, and Michigan State University (MSU) announced a project which would be focused on the optimization of vinyl ester resins and fibre sizing for the fabrication of carbon fibre composites.

In March 2017, Hexion Inc. announced to introduce a new speciality epoxy resin system for styrene-free, sheet moulding compound (SMC) manufacturing of high-performance automotive composites, at the JEC World 2017 composites event in Paris. The new product would be used to produce parts such as floors, electrical vehicle battery enclosures, spare wheel tubs, seat structures and hood inners.

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Reaction Monitoring System Market Size &Analysis – Forecasts To 2025

Reaction Monitoring System Market Segmentation: 

By Type (Selected, Multiple), By Assay Type (Custom Assay, Human Discovery Assay, Human Cancer Assay, and Human Cardiovascular Assay), By Application (Biomarker Assessment, and MRM-MS Quality Control [Platform Performance, and Workflow Performance]) By End User (Hospitals, Diagnostic Centers, and Research Institutes), By Region (North America, Europe, Central & South America, Middle East & Africa), End-use Landscape, Vendor Landscape, and Competitive Landscape

Reaction Monitoring System Market Insights

The global reaction monitoring system market is anticipated to experience a significant growth over the forecast period. Factors such as increase in R&D activities in the field of biology coupled with the requirement for new techniques to detect proteins and peptides in biological specimens are likely to boost the market growth.

Reaction monitoring method is highly specific in nature and is used in mass spectroscopy. It particularly targets and looks for peptides and protein fragments within the sample. The accuracy of results coupled with speed of detection in wide range of analyte concentration is projected to aid the market growth over the coming years.

However, factors such as presence of alternative techniques coupled with the availability of resources are anticipated to hinder market growth.

Reaction Monitoring System Market: Type Insights

Reaction monitoring system are of two types namely, selected and multiple monitoring method. Selected monitoring is the highly selective method for segregation of protein and peptide during spectrometry from a complex biological sample. This system looks specifically for protein and peptides fragments of interest. The market is expected to grow in the forecast period due to the increasing investment in R&D in the biological field.

Multiple reaction monitoring is a method used to quantify the amount of protein and peptide in a complex biological sample. Mass spectroscopy is used to detect the required protein and particularly looks for peptide of interest. Rise in R&D in this field is expected to fuel the growth of the market during the forecast period.

Reaction Monitoring System Market: Assay Insights

Reaction monitoring system market can be classified into multiple reaction monitoring assay and selected reaction monitoring market assay. These are used in hospital centres, diagnostic centres, and research institutes for bio-marker assessment and quality control.

Multiple reaction monitoring assay market can segregated into the following: custom multiplier reaction monitoring assay, human discovery assay, and human cancer multiple reaction monitoring assays, and human cardiovascular MRM assays.

The selected reaction monitoring system is categorized into custom assay, human cancer assay, human discovery assay, and human cardiovascular assay. This market is expected to grow in the forecast period due to the increasing investment in the R&D of this market.

Reaction Monitoring System Market: Application Insights

On the basis of application, the reaction monitoring system market is classified into Biomarker Assessment, and MRM-MS Quality Control. MRM-MS Quality Control application is further segmented into platform performance and workflow performance.

Biomarker assessment application segment is anticipated to experience a strong push forward in demand due to increasing number of cancer patients globally. Cancer biomarkers are used for early detection & classification of diseases, prediction of therapeutic response, treatment, and monitoring.

Reaction Monitoring System Market: End-Use Insights

On the basis of end-use, the reaction monitoring system market is segmented into Hospitals, Diagnostic Centers, and Research Institutes. Reaction monitoring assays are mainly performed in the research institutes and diagnostic centers to identify the biomarkers amongst biological samples. These methods are also extensively used in hospitals to monitor the progress of a disease followed by its treatment.

Reaction Monitoring System Market: End-use Landscape

The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase reaction monitoring systems over the coming years. Some leading consumers of the reaction monitoring system are Mayo Clinic, UCLA Medical Center, and Cleveland Clinic.

Reaction Monitoring System Market: Regional Insight

North America and Europe lead the market. Countries such as Germany, Italy, France, and the U.K, are major contributors to the market. It is expected to witness growth in the forecast period owing to the increasing number of biological research institutions and the increasing rate of installation of these systems.

Reaction Monitoring System Market: Competitive Insight

MRM Proteomics, Sigma Aldrich, and Thermo Fisher Scientific are the leading companies in the global reaction monitoring system market. Other companies profiled in the market include Alphalyse, QIAGEN N.V., Proteomics, Luminex Corporation, Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, and Illumina, Inc.

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Sensors Market Analysis – Forecasts To 2025

Sensors Market Segmentation: 

By Type (Pressure, Temperature, Image, Motion, Fingerprint, Level, Gas, Magnetic Field, Position, and Light), By Technology (CMOS, MEMS, and NEMS), By Vertical (Electronics, IT & Telecommunication, Industrial, Automotive, Aerospace & Defense, and Healthcare), By Region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa) End-use Landscape, Vendor Landscape and Competitive Landscape

Sensors Market Insights

The global sensors market is anticipated to witness a lucrative growth over the forecast period. The increasing inclination towards small and cheap sensors coupled with origin of platforms such as the AR and IoT (Internet of things) is likely to boost the market growth over the forecast period. Moreover, the rising awareness amongst consumers for a better standard of living is expected to foster the demand. These sensors have a wide application in various sectors such as Telecommunication, Automotive, and Aerospace & Defence among others. Their effectiveness and accuracy are the best attributes that contribute to the growth of the sensors market. However, the high cost associated with the sensors is anticipated to hamper the growth of the market.

Sensors Market: Types Insights

Based on the types, the sensors market is segmented into Pressure, Temperature, Image, Motion, Fingerprint, Level, Gas, Magnetic Field, Position, and Light.

Fingerprint Sensors market is likely to register a significant growth over the forecast period due to its high usage in the electronic gadgests such as the smartphones, tablets, and laptops. These sensors can be installed as security applications and log-in authentication for the identification of users, and hence is expected to be highly used in defence & aerospace sector.

The motion sensor is also anticipated to grow due to its diverse application in automotive, healthcare and consumer electronics sector. The increasing demand for mobile phones and tablets are expected to boost the market growth. Technological advancements such as microelectromechanical systems (MEMS) are further expected to stimulate the growth of this segment.

Sensors Market: Technology Insights

On the basis of technology, the sensors market can be segmented into microelectromechanical systems (MEMS), complementary metal–oxide–semiconductor (CMOS), and Nanoelectromechanical systems (NEMS).

The increasing demand for MEMS technology is anticipated to augment growth in the sensors market mainly due to increasing adoption of this technology in electronic devices such as wearable devices, tablets, and smartphones. Moreover, the development of the IoT platform is projected to increase the demand for this technology in areas such as smart grids, asset-tracking systems, space exploration and building automation.

The CMOS technology accounted for the highest share of the market in 2016 and is further predicted to retain its position over the forecast period due to its properties such as low power consumption & cost-effectiveness. This technology is used in the production of microprocessors, microcontrollers and data converters.

Sensors Market: Vertical Insights

The sensors market can be segmented on the basis of industry vertical into IT & telecommunication, industrial, automotive, aerospace & defence, consumer electronics, and healthcare amongst others. Among these, the consumer electronics application segment is expected to occupy the largest share.

The automotive and healthcare sectors are also expected to grow significantly over the forecast period. The growing safety and regularity measures are expected to give a rise in the adoption of MEMS technology sensors in the automotive sector. Along with this, the growing demand for handheld medical devices operated using MEMS technology is also expected to boost the growth in the healthcare domain.

Sensors Market: Regional Insights

The sensors market in Asia Pacific is anticipated to witness an accelerated growth over the forecast period attributing to the increasing number of consumer electronics' industries in this region. Demand is primarily expected to arise from countries such as Japan, China, and India. Moreover, the increasing government initiatives such as Make in India and Digital India are expected to boost the growth of the sensors market in India.

Europe is also expected to grow significantly due to its dominance in the Information & Communications Technology (ICT), semiconductor industries and computing sectors present in this region.

Sensors Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from sensors market. The major consumers of the product are Samsung Electronics (South Korea), Boeing (The U.S.), Airbus (Netherlands) and United Health Group (The U.S.)

Sensors Market: Competitive Landscape

The global market for this product is expected to be significantly large due to the presence of numerous manufacturers. The key players include Siemens AG (Germany), STMicroelectronics (Switzerland), Omron Corporation (Japan), MTS Sensor (Germany), and Asahi Kasei Corporation (Japan).

In October 2017, the General Motors announced collaboration with Strobe, a California tech company, to differentiate itself in the self-driving car market. Strobe manufactures its own sensor by the name of Lidar which is highly used by self-driving cars to recognize surroundings. The decreasing cost and rising accuracy of these sensors are likely to help GM to manufacture excellent self-driven cars.

In October 2017, the Lockheed Martin received orders worth $337 million to modernize Boeing Apaches. The company needs to provide modernized target acquisition designation sight and pilot night-vision sensor systems to the U.S., the U.K. and Saudi Arabia.

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Semiconductor Intellectual Property Market Size & Analysis – Forecasts To 2025

Semiconductor Intellectual Property Market Segmentation:

By Design (Interface IP, Processor IP, Memory IP), By Source (Licensing, Royalty), By Vertical (Telecom, Industrial, Consumer Electronics, Automotive, Commercial), By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa) End-use Landscape, Vendor Landscape and Competitive Landscape

Semiconductor Intellectual Property Market Insights

The global Semiconductor Intellectual Property market is projected to grow at a CAGR of more than 5% between 2017 and 2025. The market is influenced by the adoption of multi-core technology by consumers. Also, the growing need for modern System on Chip (SoC) designs and the increasing demand for connected devices are anticipated to foster the demand over the coming years.

Advantages such as the adoption of the services offered by the third-party IP vendors and the rising IP blocks’ licensing by industries is anticipated to stimulate market growth. However, the ever-changing nature of technology acts as the major restraint.

The electronics' manufacturing sector in the countries such as the United States, Brazil, Saudi Arabia, Germany, Taiwan, China, and South Korea are anticipated to augment market growth over the coming years.

Semiconductor Intellectual Property Market: Design Insights

On the basis of design, the Semiconductor Intellectual Property market is segmented into Processor IP, Interface, IP and Memory IP. The processor IP is anticipated to occupy the largest share and is expected to register a significant growth rate over the forecast period. The wide usage of processors in consumer electronics' applications coupled with the market for memory IP is expected to dominate the industry by 2025.

The increase in demand for high-speed, less power consuming and highly scalable memory devices coupled with the increasing demand for memory in connected & wearable devices is expected to augment growth over the coming years.

Semiconductor Intellectual Property Market: Source Insights

Based on source, the Semiconductor Intellectual Property market is segmented into royalty and licensing. The market for royalty is expected to grow at an increasing rate over the forecast period.

Semiconductor Intellectual Property Market: Vertical Insights

Based on verticals, the Semiconductor Intellectual Property market has been segmented into automotive, industrial, and telecom. The consumer electronics application segment is expected to occupy the highest share of the semiconductor IP market. This growth is attributed to the increasing penetration of smartphones and other electronic appliances. Other factors such as growing demand for fast and efficient processors are also expected to foster the demand for this segment.

Semiconductor Intellectual Property Market: Regional Insights

Asia Pacific has occupied the largest market share in 2016. Developing countries such as India and China are expected to record a significant growth rate over the forecast period. Furthermore, government funding to support this industry in China is anticipated to boost the industry growth.

North America and Europe are also expected to emerge as the key revenue generating regions over the forecast period. In Europe, the demand is expected to arise from countries such as Germany, France, and the UK due to the presence of key vendors of semiconductor IP cores.

Semiconductor Intellectual Property Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase from semiconductor Intellectual Property market over the coming years. Some leading consumers of this market are Daimler (Germany), Ford (The U.S.), Hewlett Packard (The U.S.) and Dongfeng Motor Group (China).

Semiconductor Intellectual Property Market: Competitive Landscape

The global Intellectual Property market is expected to be significantly large due to the presence of numerous manufacturers. The key players include Lattice Semiconductor (The U.S.), Rambus (The U.S.), Mindtree Limited (India), Imagination Technologies (UK), and Ememory Technology (Taiwan).

In September 2017, Conversant Intellectual Property Management Inc. announced a semiconductor memory patent license agreement with Toshiba Corporation.

In September 2017, Canyon Bridge, bought the Imagination Technologies one of the world's leading manufacturer of mobile graphics processors and a leader in the semiconductor IP field for about 550 million pounds.

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Policy Management Software Market Size & Analysis – Forecasts To 2025

Policy Management Software Market Insights:

The policy management software market is a type of centralized software that carries out functions such as customer self-provisioning, access control and authentication, and deployment for carrier network administrators, among others. Policy servers have evolved over the past few years and presently handle both static data and dynamic session-based data.

Policy management software is a key to good governance and compliance. A large number of network operators use policy solutions to generate revenue from new services that are developed in the policy management software. In the forecast period, the market is expected to grow owing to the increasing policy management vendors and new applications.

Wireless market has gained more popularity in the market due to the congestion and poor network management. The bandwidth management aids the smooth usage of the wireless network hence being a major concern for most of the organizations and network operators worldwide.

Machine to machine communication is expected to increase in the coming years due to which this market is expected to have a growth in the forecast period. It is used to launch new capabilities via API (application programming interface) by most of the network operators.

Policy Management Software Market: Application Insight

The policy management software market is segmented on the basis of application into Fixed Line Broadband Networks, Cable Broadband Networks, 3G Broadband Networks, WiMAX, and Long-Term Evolution Mobile Networks.

Fixed-line broadband networks are used for all the wired networks that are used for data and voice communications. With the use of a cable, a fixed line can be seen as a connection to an end customer. It is divided into the core network and access network. The access network allows many individual terminals whereas the core network lines predominantly have a high bandwidth for connecting computers to each other.

A cable uses the same infrastructure as a cable television. The cable internet access supplies network edge connectivity from the internet service provider to an end user. The two prominent forms of residential internet access are cable TV network and telecommunications network.

The 3G broadband network is the third generation of wireless telecommunication technology. It is used in mobile devices and mobile telecommunications networks which comply with such international devices. Also, it is used in voice telephony, fixed wireless internet access, mobile internet access, video calls and mobile TV.

WiMAX (Worldwide Interoperability for Microwave Access) is a wireless communication standard which provides media access control (MAC) and multiple physical layer (PHY) options. It was created by the WiMAX forum to promote conformity and interoperability of the standard.

LTE Mobile Network is a high-speed wireless communication for mobile devices and data terminals. It uses a different radio interface to increase the capacity and speed for the core network improvement. Only multi-band phones are able to use the LTE in all countries where it is supported as different LTE frequencies for different countries.

Policy Management Software Market: Regional Insights

The policy management market has been segmented region wise and the most prominent regions are the Americas and the EMEA and APAC regions. With the growing improvement in technology, these developed and developing countries are catching up and are expected to grow rapidly over the forecast period.

Policy Management Software Market: Competitive Insights

High maintenance and implementation costs are holding back the market. Reduction in churning and increase in value-added services and customer retention programs are affecting the market. There is always a challenge for the company to build relations with the customers. Creating innovative programs and using policy management to enable value added services are leading to expansion of the market. Some key vendors of the market are Alcatel-Lucent, Amdocs, BandWD, Tango, Tekelec, Telcordia, Elitecore, Ericsson, Broadhop, Comarch, Comptel, Comverse, Huawei, Intec, Intracom, Juniper, Nokia Siemens, Openet, Redknee, FTS, HP, VBS among others.

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