Data Center Cooling Market Worth $20.7 Billion By 2025

The global data center cooling market size is expected to reach USD 20.7 billion by 2025 expanding at a CAGR of 13.5%, according to a study conducted by Grand View Research, Inc. Rising number of data centers, increasing usage of cloud computing, and increased demand for eco-friendly cooling technologies are some of the key factors that are expected to boost the market growth.

Emergence of cloud computing coupled with initiatives by government organizations to promote the adoption of cloud technology and enable prominent vendors to introduce technological advancements is driving the market growth. For example, the government of UAE introduced various projects including Smart Dubai and Smart Abu Dhabi, which were aimed at bringing about digital transformation and economic growth in the country. Such initiatives are expected to drive the market in UAE.

Data center cooling accounts for over 30% of the total energy consumption. In the current scenario, companies are moving toward sustainable cooling, which can save up to 80% or more on energy costs for cooling. For instance, Apple’s North Carolina data center facility operates completely on sustainable, eco-friendly power sources as data center cooling is achieved through the free-air cooling technique, allowing the chillers to be off 75% of the time.

Additionally, there is a rise in pressure from the local and federal government agencies, environmentalists, and the general public for organizations to implement green initiatives. Therefore, high demand for eco-friendly and cost-effective cooling solutions is expected to propel the market growth. However, high installation and maintenance costs, electricity consumption, and carbon emissions are some of the challenges affecting the industry growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/data-center-cooling-market

Further key findings from the report suggest:

  • Telecom segment accounted for over 20.0% of the total market share in 2018 owing to increased penetration of 4G services and development of 5G infrastructure that has data-intensive networks
  • Furthermore, growing number of telecom subscribers using smartphones and tablets is anticipated to boost the demand for data centers, thereby propelling the market growth
  • Middle East region is expected to witness substantial growth owing to rising need for enhanced cooling techniques
  • Several IT companies, including Google Inc., Oracle Corporation, and Alibaba, have announced their plans to build data centers in the Middle East
  • Europe is also anticipated to witness a significant growth owing to cold weather conditions in Nordic countries
  • The raised floor with containment segment is expected to register the fastest CAGR 6% from 2019 to 2025
  • Major companies in the market are Schneider Electric, Rittal GmbH & Co. KG, Hitachi, Ltd., Fujitsu Limited, and Vertiv Co. Most of these industry participants focus on introducing different techniques to enhance their market presence

Field Programmable Gate Array Market Size Worth $18.8 Billion By 2027

The global field programmable gate array market size is anticipated to reach USD 18.8 billion by 2027, registering a CAGR of 9.7% over the forecast period, according to a new report by Grand View Research, Inc. The increased adoption of field programmable gate array (FPGA) across networking, data center, and Internet of Things (IoT) is projected to drive the industry growth over the forecast period.

Growing application of the FPGAs in the aerospace and military sector to develop drone systems for flight control, sensor interfacing, and image processing is driving the industry growth. Flash-based field programmable gate arrays are resistant to radiation-induced configuration shocks and also offer efficient functionality at high altitudes. The flash segment is anticipated to witness a substantial growth over the forecast period, owing to their abilities of consuming less power and delivering security, safety, and reliability throughout the design and deployment process.

Companies are largely seen to be leveraging the power of field programmable gate arrays to develop Artificial Intelligence (AI) based solutions for automotive applications. For instance, in June 2018, Xilinx, Inc. collaborated with Daimler AG to help the deep learning professionals from the Mercedes-Benz R&D centers for developing AI algorithms on the Xilinx adaptable acceleration platform. The automotive segment is likely to fully exploit the capacities of the FPGAs for deploying neural networks for intelligent vehicle systems and optimizing battery management, power conversions, and electric motor control systems of the Electric Vehicles (EV) and Hybrid-Electric Vehicles (HEV).

Click the link below:
https://www.grandviewresearch.com/industry-analysis/fpga-market

Further key findings from the report suggest:

  • The FPGA market is anticipated to witness a noteworthy growth over the forecast period owing to increased usage of FPGAs in EVs, vehicle networking and connectivity, self-driving cars, and automotive infotainment.
  • The SRAM technology segment is expected to witness significant growth over the forecast period owing to its features including greater logic density, better performance, non-volatility, and its manufacturing simplicity.
  • The FPGAs used in the consumer electronics sector generated a revenue of over USD 1.0 billion in the year 2019, due to growing adoption of digital displays, televisions, cameras and camcorders, eReaders, and set-top boxes for households.
  • The Asia Pacific region is expected to witness a substantial growth from 2020 to 2027 due to increase in sale of consumer electronics, especially smartphones, in countries like China and India, and growing number of data centers in the region.
  • Xilinx, Inc.; Intel Corporation, Microsemi Corporation; Texas Instruments; Lattice Semiconductor Corporation; and Taiwan Semiconductor Manufacturing Company are some of the key players in the FPGA market.

Fiber Optics Market Size Worth $9.1 Billion By 2025

The global fiber optics market size is expected to reach USD 9.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.6% over the forecast period. Rising government funding to develop secure infrastructures is anticipated to drive the adoption.

fiber optic

Rising terrorism is appealing government authorities and defense services of different countries to take initiatives and stringent steps to curb down such occurrences. This has led to the evolution and adoption of technologies such as body cams, wearables, and other responders that keep the security personnel connected, irrespective of user location and user fiber optics for communications. The concept of Internet of Everything (IoE) is attracting security sector owing to increasing awareness regarding effectiveness and efficiency of the technology that aids in curbing national issues, such as riots, massacres, killings, and other criminal offenses. Need for high-speed internet, which is capable of efficiently transmitting the data, is anticipated to grow with increasing demand for IoE.

Growth prospects for fiber optics technology in telecommunications sector appears to be promising due to its growing adoption in communication and data transmission services. Fiber optics enable high-speed data transfer services in both small and long-range communications. It also serves as a medium to cope with increasing bandwidth requirements associated with broadband services, network operators, and broadband connection providers. Rising implementation of fiber optic components in distribution cables, trunk cable forms, high density interconnect cables, and standard patch cords is expected to enhance the demand from telecom sector.

Furthermore, high initial acquisition and installation costs are hindering growth of the fiber optics market. An optical fiber system consists of a variety of components such as optical cables, transmitters, and receivers. Installation of the entire system is a labor-intensive process, especially installation of the network for underground and undersea connections is one of costliest and tedious procedures. Fiber optics, with their advancements, have overtaken the copper-cable transmission. However, installation process to deploy the optical networks, being an extremely high-cost part, is expected to hamper the market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/fiber-optics-market

Further key findings from the study suggest:

  • Governments of developed countries such as U.S., U.K, Germany, China, and Japan are heavily investing in security infrastructures at domestic levels. This is eventually necessitating funding for technologies, majorly across the fiber optics that would enhance the telecommunication sector infrastructure with better security measures. Therefore, the government funding in infrastructure is driving the market
  • Plastic optical fiber segment is projected to expand at a CAGR of 7.0% over the forecast period. POF differs from its single and multimode counterparts on the basis of the core materials used in POF cable construction. While single and multimode fiber optics have a glass core, POF cables have a polymer core. This offers a dynamic application portfolio, along with cost saving
  • Market participants are diversifying their product portfolio through their innovative offerings. In March 2018, Corning, Inc. launched a new product Corning TXF Optical Fiber that would enable high data-rate transmission over longer spans and extended reach for improved network flexibility and lower network cost
  • Corning Incorporated, Optical Cable Corporation (OCC), Sterlite Technologies Limited, OFS Fitel, LLC, Prysmian Group, AFL, Birla Furukawa Fiber Optics Limited, Finolex Cables Limited, and Yangtze Optical Fiber and Cable Co., Ltd. (YOFC) among others are the key players in the fiber optics market.

Field Programmable Gate Array Market Size Worth $18.8 Billion By 2027

The global field programmable gate array market size is anticipated to reach USD 18.8 billion by 2027, registering a CAGR of 9.7% over the forecast period, according to a new report by Grand View Research, Inc. The increased adoption of field programmable gate array (FPGA) across networking, data center, and Internet of Things (IoT) is projected to drive the industry growth over the forecast period.

Growing application of the FPGAs in the aerospace and military sector to develop drone systems for flight control, sensor interfacing, and image processing is driving the industry growth. Flash-based field programmable gate arrays are resistant to radiation-induced configuration shocks and also offer efficient functionality at high altitudes. The flash segment is anticipated to witness a substantial growth over the forecast period, owing to their abilities of consuming less power and delivering security, safety, and reliability throughout the design and deployment process.

Companies are largely seen to be leveraging the power of field programmable gate arrays to develop Artificial Intelligence (AI) based solutions for automotive applications. For instance, in June 2018, Xilinx, Inc. collaborated with Daimler AG to help the deep learning professionals from the Mercedes-Benz R&D centers for developing AI algorithms on the Xilinx adaptable acceleration platform. The automotive segment is likely to fully exploit the capacities of the FPGAs for deploying neural networks for intelligent vehicle systems and optimizing battery management, power conversions, and electric motor control systems of the Electric Vehicles (EV) and Hybrid-Electric Vehicles (HEV).

Click the link below:
https://www.grandviewresearch.com/industry-analysis/fpga-market

Further key findings from the report suggest:

  • The FPGA market is anticipated to witness a noteworthy growth over the forecast period owing to increased usage of FPGAs in EVs, vehicle networking and connectivity, self-driving cars, and automotive infotainment.
  • The SRAM technology segment is expected to witness significant growth over the forecast period owing to its features including greater logic density, better performance, non-volatility, and its manufacturing simplicity.
  • The FPGAs used in the consumer electronics sector generated a revenue of over USD 1.0 billion in the year 2019, due to growing adoption of digital displays, televisions, cameras and camcorders, eReaders, and set-top boxes for households.
  • The Asia Pacific region is expected to witness a substantial growth from 2020 to 2027 due to increase in sale of consumer electronics, especially smartphones, in countries like China and India, and growing number of data centers in the region.
  • Xilinx, Inc.; Intel Corporation, Microsemi Corporation; Texas Instruments; Lattice Semiconductor Corporation; and Taiwan Semiconductor Manufacturing Company are some of the key players in the FPGA market.

Digital Video Advertising Market Size Worth $292.4 Billion By 2027

The global digital video advertising market size is anticipated to reach USD 292.4 billion by 2027, exhibiting a CAGR of 41.1% over the forecast period, according to a new report by Grand View Research, Inc. The fusion of big data analytics with advertising offers promising growth prospects to the market due to the generation of vast volumes of user data. The vast amount of data has enabled marketers to carefully analyze user data and showcase specially curated advertisements according to the viewing trends of audiences. Additionally, the integration of analytics tools in advertisement platforms enables advertisers to analyze the effectiveness of advertising campaigns and thus make relevant changes as and when required.

Blockchain technology is expected to offer exciting growth prospects to advertisers in the future. Blockchain, being a secure distributed ledger, provides the ability to safely track audiences, path, budget spend, and conversion rates to network participants only. A buyer can buy an impression, which is verified by the publisher, and only then can it be added to the ledger. The implementation of blockchain technology enables everyone in the chain to see impression events, validate, and approve the changes made by individuals to create a more transparent marketplace.

Further, the fusion of cloud computing technology with digital video advertising provides promising growth to the sector, owing to the former’s enhanced ability to distribute dynamic and interactive advertisements to brands and marketers efficiently. An ad-based cloud platform helps brands and marketers to optimize spend across several channels. Cloud-based supply-side platforms enable advertising agencies to efficiently produce and offer various video advertisements to its clients, based on their needs and requirements. Furthermore, cloud-based platforms are also expected to facilitate the creation of personalized ads via an original optimization product.

The induction of Augmented Reality (AR) technology in digital marketing techniques offer promising growth prospects to the digital video ad market, owing to the ability of the technology to provide better inter-personal experience to viewers. The immersive nature of technology enables marketers to create deeper connections with audiences to portray a better brand image, which is essential in driving sales. Additionally, deploying AR-enabled advertisements offers more cost-effective options to brands and agencies as compared to traditional print media corporations. AR technology-based advertisements can offer marker-based and location-based advertisements, which further allow companies to practice hyperlocal advertising methods and consequently boost sales outcomes.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/digital-video-ad-market

Further key findings from the study suggest:

  • The mobile segment is envisioned to witness the highest CACR over the forecast period due to the incrementing penetration of smartphones and its ability to play video ads in several formats
  • The retail segment is expected to capture the significant CAGR over the forecast period owing to the rising trend in the usage of internet-based buying platforms by individuals
  • Asia Pacific is expected to emerge as the fastest-growing regional digital video ad market due to the availability of low-cost internet plans and rising usage of subscription-free media streaming platforms.

DevOps Market Size Worth $12.85 Billion by 2025

The global DevOps market size is expected to reach USD 12.85 billion by 2025, according to a new study by Grand View Research, Inc., registering an 18.60% CAGR during the forecast period. Increasing digitization of enterprises to automate business processes, rising adoption of cloud technologies, soaring adoption of agile frameworks, and need for better collaboration between IT teams to enhance operational efficiency will drive market growth.   

DevOps tools and solutions address a variety of inefficiencies faced across the software development lifecycle. DevOps help enhance collaborations between development, operations, and quality assurance teams to facilitate continuous integration, testing, and delivery of software. DevOps tools enable enterprises to automate software development and testing lifecycle by standardizing and automating the movement and deployment of code across different environments. These tools enable developers to integrate a continuous feedback loop so that they can shorten response time and continuously release software based on user feedback and usage behavior.

Organizations of all sizes are increasingly deploying DevOps tools to enhance productivity, streamline workflows, reduce time to market, deliver better quality software, and minimize costs associated with software development, delivery, and maintenance. However, issues such as lack of skilled workforce and standardized DevOps tool set or solutions are expected to challenge the industry.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/development-to-operations-devops-market

Further key findings from the report suggest:

  • North America is expected to account for the largest share during the forecast period, followed by Europe. Key factors contributing to regional growth are rapid adoption of digital services, advanced cloud infrastructure, and presence of major technology players
  • Asia Pacific emerged as the fastest-growing market, owing to rising presence of advanced infrastructure and increasing penetration of smartphones, smart devices, and digital services in developing countries such China, India, and Japan
  • The large enterprises segment accounted for over 61.0% of the overall market in 2017. However, the SME segment is expected to demonstrate a high growth rate over the forecast period owing to increasing number of small and medium enterprises across various regions delivering digital services
  • The IT application segment dominates with a share of over 36.0% in the overall market in 2017, followed by the BFSI segment.Increasing online and mobile transactions, coupled with rising demand of customers for better solutions and services, are expected to drive market growth
  • Key participants include IBM Corporation; CA Technologies; Cisco Systems, Inc.; Hewlett Packard Enterprise; Chef, Inc.; Puppet Labs, Inc.; Docker, Inc.; Clarizen, Inc.; and Microsoft Corporation.

U.S. MVNO Market Size Worth $32.19 Billion By 2025

The U.S. mobile virtual network operator (MVNO) market size is expected to reach USD 32.19 billion by 2025, according to a new report by Grand View Research, Inc., registering a 7.2% CAGR during the forecast period. Increasing demand for value-added services (VAS) over voice services has led to a rise in the adoption of MVNO in U.S.

Increasing demand for roaming MVNO model owing to rise in number of travelers in the country has greatly propelled the U.S. MVNO market over the forecast period. Additionally, MVNO operators have been offering service sets at lower costs, which is expected to considerably aid market growth.

Soaring demand for smartphones and mobile broadband, along with technological advancements and development of compact, lightweight, and multifunctional devices, is anticipated to significantly drive the U.S. market. Expansion of communication technologies such as LTE 4G and 5G as well as expansion of Wi-Fi offer growth opportunities for players.

A key trend that has been observed in the U.S. market is that MVNOs in the country allow their users to personalize their plans for meeting text, data, and voice demands. Increasing advancements in LTE infrastructure, which provides services such as VoLTE, ViLTE, and VoWiFi, is expected to offer growth prospects to market players over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/us-mvno-market

Further key findings from the report suggest:

  • The U.S. MVNO market is expected to project a CAGR of 7.2% over the forecast period, owing to increasing number of mobile subscribers in the country
  • By type, the discount segment is anticipated to dominate the market, with a revenue of USD 7.73 billion in 2025. This growth can be attributed to intense competition in the market, which encourages MVNOs to offer various discounts on voice, data, and text to retain existing users and attract new ones
  • On the basis of operational mode, the full MVNO segment is expected to reach USD 19.35 billion by 2025, owing to low capital investment required in setting it up
  • By way of end use, the consumer segment emerged dominant and is anticipated to register a CAGR of 7.0% over the forecast period. This growth can be attributed to growing advancements in high-speed mobile broadband and availability of low-cost smartphones in the market
  • Key industry participants include 7-Eleven Speak Out Wireless, AirVoice Wireless, Asahi Net, Boost Mobile LLC, CJ HelloVision Co. Ltd, and Cyfrowy Polsat SA.

Data Center Cooling Market Worth $20.7 Billion By 2025

The global data center cooling market size is expected to reach USD 20.7 billion by 2025 expanding at a CAGR of 13.5%, according to a study conducted by Grand View Research, Inc. Rising number of data centers, increasing usage of cloud computing, and increased demand for eco-friendly cooling technologies are some of the key factors that are expected to boost the market growth.

Emergence of cloud computing coupled with initiatives by government organizations to promote the adoption of cloud technology and enable prominent vendors to introduce technological advancements is driving the market growth. For example, the government of UAE introduced various projects including Smart Dubai and Smart Abu Dhabi, which were aimed at bringing about digital transformation and economic growth in the country. Such initiatives are expected to drive the market in UAE.

Data center cooling accounts for over 30% of the total energy consumption. In the current scenario, companies are moving toward sustainable cooling, which can save up to 80% or more on energy costs for cooling. For instance, Apple’s North Carolina data center facility operates completely on sustainable, eco-friendly power sources as data center cooling is achieved through the free-air cooling technique, allowing the chillers to be off 75% of the time.

Additionally, there is a rise in pressure from the local and federal government agencies, environmentalists, and the general public for organizations to implement green initiatives. Therefore, high demand for eco-friendly and cost-effective cooling solutions is expected to propel the market growth. However, high installation and maintenance costs, electricity consumption, and carbon emissions are some of the challenges affecting the industry growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/data-center-cooling-market

Further key findings from the report suggest:

  • Telecom segment accounted for over 20.0% of the total market share in 2018 owing to increased penetration of 4G services and development of 5G infrastructure that has data-intensive networks
  • Furthermore, growing number of telecom subscribers using smartphones and tablets is anticipated to boost the demand for data centers, thereby propelling the market growth
  • Middle East region is expected to witness substantial growth owing to rising need for enhanced cooling techniques
  • Several IT companies, including Google Inc., Oracle Corporation, and Alibaba, have announced their plans to build data centers in the Middle East
  • Europe is also anticipated to witness a significant growth owing to cold weather conditions in Nordic countries
  • The raised floor with containment segment is expected to register the fastest CAGR 6% from 2019 to 2025
  • Major companies in the market are Schneider Electric, Rittal GmbH & Co. KG, Hitachi, Ltd., Fujitsu Limited, and Vertiv Co. Most of these industry participants focus on introducing different techniques to enhance their market presence

Big Data Market Size Worth $123.2 Billion By 2025

The global big data market size is expected to reach USD 123.2 billion by 2025, according to a new report by Grand View Research, Inc. The amount of data flowing across organizations has witnessed enormous growth over the last few years and the trend continues. Evolving consumer demands coupled with contracting budgets are impacted by the proliferating data, which puts considerable pressure on organizations to make the right decision in order to seize a competitive advantage.

Big data solutions enable organizations to effectively manage large data volumes thereby reducing cost. Additionally, these solutions also facilitate companies to overcome frauds, streamline critical business processes, and reduce errors. Further, the growing need to manage and monitor the heterogeneous nature of the data generated from web clicks to satellite data is also anticipated to significantly propel the industry growth over the next few years.

Increased adoption of cloud computing has generated a large amount of data on account of rapid technological advancements and increased connectivity, owing to smartphone proliferation. Thus, the big data market is estimated to witness a high demand in order to keep pace with this data explosion. However, lack of skilled manpower including data analysts and data scientists that are required to leverage big data capabilities is expected to hamper the demand. There exists a huge requirement for professionals who are capable of exploiting big data analytics in order to make valuable decisions.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/big-data-industry

Further Key Findings from the Report Suggest:

  • The network equipment segment is expected to witness a healthy growth at a CAGR exceeding 20% over the forecast period, owing to the reinforcement of new network infrastructures in order to offer enhanced security.
  • The visualization segment emerged as the fastest growing software segment over the forecast period, which is ascribed to the elevating demand for visuals to represent the analyzed data and convey exact interpretation to consumers.
  • Media & entertainment and gaming captured a sizeable share exceeding 5% of the overall revenue, which is attributed to the growing number of companies seeking to escalate the value of their assets by integrating creativity with technological breakthroughs.
  • North America accounted for a sizeable revenue share exceeding 30% in 2015, which is attributed to the high penetration, primarily, across the IT & telecommunication, BFSI, and retail sectors.
  • Notable industry players, such as IBM, HP, Cloudera, and Oracle, are gradually investing in R&D, for developing unified big data solutions that offer increased capabilities. These players rely on developing innovation-led solutions to increase productivity and reduce cost in an attempt to attract new customers.

Smart Card Materials Market Worth $1.29 Billion By 2025

The global smart card materials market size is expected to reach USD 1.29 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 3.7% during the forecast period. Increasing demand for secure and reliable payment transactions is one of the primary growth stimulants for the market. In addition, cost saving schemes for merchants of payment brands and growing inclinations towards cashless payments are further stimulating the growth of the market.

Several materials, such as polyvinyl chloride (PVC), polycarbonate (PC), acrylonitrile butadiene styrene (ABS), polyethylene terephthalate glycol (PETG), paper, PVC & ABS blends, holographic foil, teslin, and biopolymers such as polylactic acid (PLA), are used for manufacture of card body. In early days, the smart card industry used paper as one of the preferred materials for production. However, in the past few years, plastic materials have almost made paper materials obsolete.

Significant technological advancements, IT revolution, e-governance, and digitization happening across the world are leading to an increase in adoption of smart cards in various end-use sectors. These sectors include banking, financial services and insurance (BFSI), healthcare, government, retail, telecommunication, and hospitality. A broad range of smart cards, including membership cards, government ID cards, gift cards, loyalty cards, access cards, and debit/credit cards, is used in the aforementioned sectors.

Several factors such as personalization, selection of material, operational accuracy, data integrity, easy implementation, and top-level security are taken into consideration while manufacturing smart cards in order to fulfill requirements of end users. Manufacturing of smart cards can be distinguished based on application and technical/physical properties required.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/smart-card-materials-market

Further key findings from the report suggest:

  • Polycarbonate is projected to emerge as the fastest growing material segment and is expected to register a CAGR of 4.4% between 2018 and 2025
  • The polyvinyl carbonate (PVC) segment will continue to be the largest material segment over the forecast period
  • The Asia Pacific market is projected to experience the fastest growth over the same period owing to rising demand from various application sectors, especially from telecommunication and BFSI.
  • Key players include SK Chemicals, KEM One, SABIC Innovative Plastics, 3A Composites GmbH, LG Chemicals, and Formosa Plastics Group.