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3D Gaming Consoles Market – Segmented by Component (Hardware, Software), Console (Home Consoles, Hand Held Consoles, Micro Consoles, Dedicated Consoles), Platform (Microsoft Xbox, Sony PlayStation, Nintendo Wii), Technology (Xbox Illumiroom, Auto-stereoscopy, Leap Motion Technology, Polarized Shutter Technology, Compatible 3D Glasses), and Region – Growth, Trends, and Forecast (2019 – 2024)
| Information & Communications Technology | Published by: Mordor Intelligence | Market: Global |
| Unknown | Published: 24-06-2019 |
- Information & Communications Technology
- Mordor Intelligence
- Global
- pages
- Published: 24-06-2019
Market Overview
The 3D gaming consoles market is expected to register a CAGR of 15.15% over the forecast period of 2019 – 2024. Rise in the average spending by gamers, increasing purchasing power, and aggressive marketing strategies adopted by developers across the globe are driving the demand for 3D gaming consoles.
Companies, such as Microsoft and Sony, have been introducing 3D gaming consoles, like Nintendo Switch, as an addition to the existing console options to keep gamers engaged. The addition of augmented reality and virtual reality has also increased the popularity of the software.
Companies, such as Microsoft, Nintendo, and Xbox, have been increasing their product portfolio by increasing the number of 3D gaming consoles available. Products, like Xbox one X, PlayStation 4, and NES Classic Edition, have been released to drive the sale of 3D gaming consoles in the market. Current 8th generation consoles utilize cutting-edge technologies including Blu Ray, motion sense technology, virtual reality (VR), HD quality video and online functions.
With growing technological innovation in the gaming sector, the 3D gaming console market is expected to drive the market with more gamer switching their experience to 3D gaming instead of 2D gaming.
Scope of the Report
3D gaming consoles are video games consoles, which can support stereoscopic gameplays on integrated displays. The stereoscopic images improve the experience of the gameplay and provide realism to it by creating the illusion of depth, and providing accurate structural localization, and offer a better feeling of surface materials in the gaming environment. Different consoles can be used for 3D gaming along with different platform.
Key Market Trends
Home Consoles to Dominate the 3D Gaming Consoles Market
Home consoles primarily dominate the market with various players such as Sony, Microsoft and Nintendo dominating the market. Sony has been leading the market with about 70,599 3D gaming consoles sold in North America alone.
Various features such as online multiplayer gaming, cloud support, deals associated with home consoles have been increasingly popular, which have aided in the growth of their 3D gaming consoles in the market.
The release of the various provision of accessories such as 4K TVs has been advantageous to the growth of home consoles as they provide better gaming experience than other options available. The advent of VR and AR technologies further enrich the gaming experience of home consoles driving their sales.
Product developments, updates, and selection choices for various home consoles are higher compared to Handheld, micro-consoles which allows consumers to have a varied number of options to fit the consumer’s needs.
Asia-Pacific to be the Fastest Growing Market
Asia-Pacific is the most massive revenue generating economy for the entire gaming industry. Countries, like China, Japan, Australia, and South Korea are the prime gaming hot spots of the world, which are estimated to generate more than 40% of the gaming industry’s revenues annually.
The region is estimated to have more than 1.5 billion active gamers creating a vast market for 3D gaming consoles in the region.
The easy availability of the 3D gaming hardware and software in the region, as most of the prime vendors like Nintendo are based in the region, provides the region with a competitive edge over others.
With the increasing penetration of home consoles and PC based gaming, the demand for 3D gaming consoles in the region is expected to grow exponentially in the near future.
Competitive Landscape
The 3D gaming consoles market is consolidated with the major player having maximum market share. Some of the key players include Electronic Art Inc., Microsoft Corporation, Nintendo Co. Ltd, Sony Computer Entertainment, Guillemot Corporation S.A. (Thrustmaster), A4Tech Co.Ltd, Activision Publishing Inc., Logitech Inc., Oculus VR, among others.
May 2019 – Sony Corporation (Sony) and Microsoft Corp. (Microsoft) aprtnered on new innovations to enhance customer experiences in their direct-to-consumer entertainment platforms and AI solutions.
January 2019 – Sony Interactive Entertainment (SIE) and AudiokineticInc., a leading global provider of cross-platform audio solutions for the gaming and interactive media industries, announced they have entered into a definitive agreement for SIE to acquire Audiokinetic. With this acquisition, SIE will tap into Audiokinetic’s vast audio engineering expertise, adding significant value to the PlayStation ecosystem. Audiokinetic will continue to operate independently, licensing its multi-platform audio tools and middleware to developers in established and growth markets.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Growing Popularity of 3D Devices
4.3.2 Development of Autostereoscopic Technology
4.4 Market Restraints
4.4.1 Strong Competition form PCs
4.4.2 Higher Game Development Costs
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness – Porter’s Five Force Analysis
4.6.1 Bargaining Power of Suppliers
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Component
5.1.1 Hardware
5.1.2 Software
5.2 By Console
5.2.1 Home Consoles
5.2.2 Hand Held Consoles
5.2.3 Micro Consoles
5.2.4 Dedicated Consoles
5.3 By Platform
5.3.1 Microsoft Xbox
5.3.2 Sony PlayStation
5.3.3 Nintendo Wii
5.3.4 Other Platforms
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 United Kingdom
5.4.2.2 Germany
5.4.2.3 France
5.4.2.4 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Rest of Asia-Pacific
5.4.4 Rest of the World
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 A4Tech Co. Ltd
6.1.2 Activision Publishing Inc.
6.1.3 Electronic Art Inc.
6.1.4 Guillemot Corporation S.A. (Thrustmaster)
6.1.5 Kaneva LLC
6.1.6 Logitech Inc.
6.1.7 Microsoft Corporation
6.1.8 Nintendo Co. Ltd
6.1.9 Oculus VR
6.1.10 Sony Computer Entertainment
*List Not Exhaustive
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Component
Hardware
Software
By Console
Home Consoles
Hand Held Consoles
Micro Consoles
Dedicated Consoles
By Platform
Microsoft Xbox
Sony PlayStation
Nintendo Wii
Other Platforms
Geography
North America
United States
Canada
Europe
United Kingdom
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
3D Mapping and 3D Modelling Market – Growth, Trends, and Forecast (2019 – 2024)
| Information & Communications Technology | Published by: Mordor Intelligence | Market: Global |
| 110 pages | Published: 11-06-2019 |
- Information & Communications Technology
- Mordor Intelligence
- Global
- 110 pages
- Published: 11-06-2019
Market Overview
The 3D Mapping and Modelling Market was valued at USD 8.97 billion, in 2018, and is expected to register a CAGR of 20.94%, over the forecast period (2019-2024). With major investments ongoing for 3D maps applications to be integrated with smartphones, market players, such as Samsung, Nokia, and other OEMs, are entering this market. Online web services players, such as Amazon and Microsoft, have also started offering 3D maps on their platforms.
Apart from major smartphone OEMs, smartphone component manufacturers are also entering this lucrative market. For instance, Parrot, a global leader in wireless devices for mobile phones, has positioned its consumer drones for 3D modeling, mapping, and agricultural uses.
The advent of 3D-enabled Display Devices is boosting the growth of the 3D Mapping and 3D Modelling market over the forecast period.
Advancement of 3D Scanners, 3D Sensors, and Other Acquisition Devices are positively impacting the growth of the market over the forecast period.
Scope of the Report
3D mapping & modeling technologies are one of the fastest ways to build 3D environments in the highly demanding market. 3D mapping solutions quickly creates 3D maps of the surroundings, with utmost clarity and accuracy, ready to plug into professional visualization operations. With major investments ongoing for 3D maps applications to be integrated with smartphones, market players, such as Samsung, Nokia, and other OEMs, are entering this market. Online web services players, such as Amazon and Microsoft, have also started offering 3D maps on their platforms.
Key Market Trends
Automotive to Witness Significant Growth
The future for various industries is 3D mapping & modeling, and the future factory will be composed of several industrial-sized printers. The car and automotive sector is one area likely to be affected significantly.
Driverless cars have many different kinds of sensors – including cameras, lidar, and radar – but they are not yet capable of fully understanding what they see. For example, before an autonomous car approaches a junction, it needs to know exactly where the traffic light will be. Because of this, driverless cars need highly detailed 3D maps of the roads they are to navigate, which is expected to boost the 3D mapping adoption.
Tesla, a company, focusing on driverless cars, and having a few models offering driverless capabilities, has started pushing new modules from MapBox, an open-source mapping platform for custom designed maps, and Valhalla, an open source routing engine for navigation, for increased safety, which is boosting the overall market growth.
The increased use of 3D technology in the R&D department of the automotive industry propels the growth of the market in Europe, especially in Germany and the UK. This technology is used to design and engineer new vehicle models. For instance, Ferrari, based in Maranello, Italy, uses Autodesk 3D modeling software in the early stages of product development, before prototyping.
North America to Hold Major Share
North America is anticipated to hold a major share over the forecast period as the region has a strong automotive sector buoyed by the presence of major players and technologically advanced capabilities. Increased spending on infrastructure is pumping more money into the economy, creating more demand for consumer services and goods, which eventually increases investment in capacity increases of manufacturing facilities, retail establishments, and office space. The trend of growing population (309 million in 2010 to 327 million in 2017) also contributes to the growth of the construction industry in the United States and thus, the market for Building Information Modelling (BIM).The huge volume of adoption of connected vehicles in the United States clearly outlines a growing trend of connected cars, which proportionately pushes the need for better and enhanced navigation capabilities, thereby, driving the market growth.
Competitive Landscape
The 3D Mapping and Modelling market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with a prominent share in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic innovations and collaborative initiatives to increase their market share and increase their profitability. For instance, in May 2017, Trimble acquired NM Group to expand its energy solutions portfolio to provide high-value data modeling and 3D visualization services for the utility industry. Further in Nov 2017, Golden Software, LLC, released Surfer version 15. The latest version includes the 3D viewer, point cloud layer for Lidar data processing, base map symbology, multithreaded gridding, and color relief generation, and streamlined workflows.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Attractiveness Porter’s Five Force Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers/Consumers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Introduction to Market Drivers and Restraints
4.5 Market Drivers
4.5.1 Advent of 3D-enabled Display Devices
4.5.2 Advancement of 3D Scanners, 3D Sensors, and Other Acquisition Devices
4.6 Market Restraints
4.6.1 High Initial Investments
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 3D Mapping
5.1.2 3D Modelling
5.2 By Application
5.2.1 Projection Mapping
5.2.2 Texture Mapping
5.2.3 Maps & Navigation
5.2.4 Other Applications
5.3 By End User
5.3.1 Entertainment & Media
5.3.2 Automotive
5.3.3 Healthcare
5.3.4 Building & Construction
5.3.5 Defense
5.3.6 Transportation
5.3.7 Other End Users
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Autodesk Inc.
6.1.2 Saab AB
6.1.3 GOLDENSOFTWARE, LLC
6.1.4 Trimble Inc.
6.1.5 Intermap Technologies
6.1.6 The Foundry Visionmongers Ltd.
6.1.7 Environmental Systems Research Institute (ESRI).
6.1.8 Topcon Positioning Systems, Inc.
6.1.9 Airbus Defense and Space
6.1.10 Cybercity 3D Inc.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Type
3D Mapping
3D Modelling
By Application
Projection Mapping
Texture Mapping
Maps & Navigation
Other Applications
By End User
Entertainment & Media
Automotive
Healthcare
Building & Construction
Defense
Transportation
Other End Users
Geography
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
3D Motion Capture Market – Growth, Trends, and Forecast (2019 – 2024)
| Information & Communications Technology | Published by: Mordor Intelligence | Market: Global |
| 100 pages | Published: 11-06-2019 |
- Information & Communications Technology
- Mordor Intelligence
- Global
- 100 pages
- Published: 11-06-2019
Market Overview
The global 3D motion capture market was valued at USD 129.4 million in 2018, and is expected to reach a value of USD 232 million by 2024, at a CAGR of 10.28%, over the forecast period (2019-2024). 3D motion capture (mocap) systems are a combination of multiple devices, mainly high-quality cameras, sensors, communication devices, and accessories. These systems are used to record the real-time motion of an object or individual to obtain the desired level of animation in the field of entertainment, such as films and games.
Customer expectations in the virtual reality market are currently high, which is driving significant technological innovations in the market. An industry player, Vicon conducted a survey in late 2017 and reported that 28% of respondents were actively seeking high-quality content to ensure a good VR experience.
A 3D motion-capturing system contains several different key hardware and software components, all of which must be tightly integrated, in order to provide a compelling user experience. Camera is the first component, which captures the raw data that represent the user’s actions. Generally, this raw data is then processed, in order to reduce the noise in the signal or (in the case of 3-D cameras) to compute the depth map.
Real-time measurement and kinematic analysis of the human body’s movement, brain activity, eye movement, muscle recruitment, and external forces acting on the body are achieved using the broadest range of hardware available in the market.
Scope of the Report
3D motion capture, sometimes referred to as mo-cap or mocap, for short, is the process of recording the movement of objects or people. It is used in military, entertainment, sports, medical applications, and for the validation of computer vision and robotics. In film-making and video game development, it refers to the process of recording actions of human actors and using that information to animate digital characters. When it includes face and fingers or captures subtle expressions, it is often referred to as performance capture. In many fields, motion capture is sometimes called motion tracking.
Key Market Trends
Camera Hardware Type to Hold Significant Share
In order to extract complex human motion precisely, multiple cameras are often used to capture video sequences, after which the tracking and reconstruction of human motion can be achieved, by virtue of the multi-view video sequences.
The self-occlusion problem that occurs during tracking can also be solved with the multi-view pattern. Multiple views essentially mean that the same scene is captured with the same sampling rate from different viewpoints.
While marker-based motion capture systems have been used for tracking of worker movements and interaction with the aid of digital models until now, with the advent of markerless tracking technologies, like the Kinect depth cameras, the preference of consumers has shifted to markerless tracking technologies, due to their reduced cost, ease of use, and the absence of cumbersome suits and markers.
OptiTrack, one of the largest motion capture providers in the world, offers high-performance optical tracking at the most affordable prices in the industry, by providing high-speed tracking cameras, which are characterized by their preciseness and small set-up areas.
North America Region to Account for Largest Share
3D motion capture in the United States has become increasingly popular, as its demand is increasing in many applications, such as in the entertainment and advertising markets, and also in several areas of health and sports.
Further, the presence of major 3D motion capture vendors, such as Vicon Motion Systems Inc., OptiTrack, PhaseSpace Inc., and Motion Analysis Corporation, coupled with the adoption of new technological innovations in relevant fields, is aiding the market.
Moreover, the increasing the usage of 3D motion capture cameras in movies and sports is also expected to aid the growth of the market in the United States. Additionally, the presence of major film production houses, such as Disney and Marvel, coupled with the increasing 3D motion capture-based CGI in movies, is anticipated to have a significant effect on the market.
Canada is one of the most significant markets for 3D motion capture, owing to the increasing adoption of advanced technologies in the entertainment, advertising, and medical industries.
To grasp this opportunity, Mimic has invested in Vicon Vantage cameras and VFX mocap software, to offer enormous services to fit any production’s needs, budgets, and time constraints. Furthermore, major gaming companies, such as Ubisoft Entertainment SA, established a new state-of-the-art studio in Toronto in 2012, in order to incorporate more realistic actions and emotions into the video games it produces.
Competitive Landscape
The 3D motion capture market is moderately fragmented. The market comprises several global and regional players, a fairly-contested market space, and is witnessing a rise in the number of smaller and more technologically advanced players.
The firm-concentration ratio is expected to record high growth over the forecast period, partly because, several software firms are looking at this market as a lucrative opportunity. Some of the key players in the 3D motion capture market are Codamotion and Motion Analysis Corporation. Some of the key developments in the market include:
Noraxon USA Inc. introduced USB-Powered Compact HD Camera System, with Integrated LED for Biomechanics Research.
Leyard (OptiTrack) company launched a new Skeletal Tracking for multi-player virtual reality experiences and also enabled whole-body tracking in multiplayer virtual reality.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Rise in Creation of More Realistic Experiences for Virtual Reality Environments
4.3.2 Revolutionizing the Face of Sports Using Computer Vision
4.4 Market Restraints
4.4.1 Complexities Associated with the Technology
4.5 Value Chain Analysis
4.6 Industry Attractiveness – Porters Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Hardware
5.1.1.1 Cameras
5.1.1.2 Sensors
5.1.1.3 Accessories
5.1.2 Software
5.1.3 Services
5.2 By System
5.2.1 Optical 3D Motion Capture Systems
5.2.1.1 Optical 3D Motion Capture Systems
5.2.1.2 Passive 3D Motion Capture Systems
5.2.2 Non-optical 3D Motion Capture Systems
5.2.2.1 Inertial 3D Motion Capture Systems
5.2.2.2 Electromagnetic 3D Motion Capture Systems
5.2.2.3 Motorized 3D Motion Capture Systems
5.3 By Application
5.3.1 Biomechanical Research and Medical
5.3.2 Media and Entertainment
5.3.3 Engineering and Industrial Applications
5.3.4 Education
5.3.5 Other Applications
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Mexico
5.4.4.4 Rest of Latin America
5.4.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Charnwood Dynamics Ltd.
6.1.2 Motion Analysis Corporation
6.1.3 Noraxon USA Inc.
6.1.4 Notch Interfaces Inc.
6.1.5 Leyard American Corporation (OPTI TRACK)
6.1.6 PhaseSpace Inc.
6.1.7 Phoenix Technologies Inc.
6.1.8 Qualisys AB
6.1.9 Synertial Labs Ltd.
6.1.10 Vicon Motion Systems Ltd.
6.1.11 Xsens Technologies BV
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Type
Hardware
Cameras
Sensors
Accessories
Software
Services
By System
Optical 3D Motion Capture Systems
Optical 3D Motion Capture Systems
Passive 3D Motion Capture Systems
Non-optical 3D Motion Capture Systems
Inertial 3D Motion Capture Systems
Electromagnetic 3D Motion Capture Systems
Motorized 3D Motion Capture Systems
By Application
Biomechanical Research and Medical
Media and Entertainment
Engineering and Industrial Applications
Education
Other Applications
Geography
North America
United States
Canada
Europe
Germany
United Kingdom
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Active Data Warehousing Market – Growth, Trends and Forecasts (2019 – 2024)
| Information & Communications Technology | Published by: Mordor Intelligence | Market: Global |
| 115 pages | Published: 11-06-2019 |
- Information & Communications Technology
- Mordor Intelligence
- Global
- 115 pages
- Published: 11-06-2019
Market Overview
The global active data warehousing market was valued at USD 5.67 billion in 2018 and is expected to reach a value of USD 10.75 billion by 2024, at a CAGR of 11.17% over the forecast period (2019-2024). In recent years, due to rising concerns on data manageability and increasing complexity, data warehousing has attracted significant interest in real-life applications, especially in finance, business, healthcare, and other industries.
The increased need for quick business decisions and growing competition have augmented the importance of business intelligence and real-time data analytics dramatically, which are dependent on real-time date warehousing solutions.
The increasing dependency on big data analytics and business intelligence solutions has predominantly increased the need for more sophisticated data warehousing developers and administrators.
Scope of the Report
Active data warehouse is a repository of any form of captured transactional data so that they can be used for the purpose of finding trends and patterns to be used for future decision making. An active data warehouse has a feature that can integrate data changes while maintaining batch or scheduled cycle refreshes.
Key Market Trends
Hybrid Deployment Expected to Witness Rapid Growth
Although most companies benefit significantly by deploying a cloud-based data warehouse as it is cost-effective, quick to set up, and instantly scalable, companies that require total control, flexibility, accessibility, and predictability might find that an on-premise solution is a better fit for their needs.
If organizations are unsure of choosing the best model fit for their needs, they opt for a hybrid approach, storing their data in an on-premise data center and using the cloud for data processing and analytics. Alternatively, they can store the data in a cloud data warehouse and perform analytics on-premise as well.
The suitable solution for this would be to implement a hybrid approach, where the internal systems can be protected by secret server on-premise and cloud services can be protected on the secret server cloud.
Another compelling reason behind adopting the hybrid model is that investment organizations have already settled into on-premise hardware and software. Software and hardware infrastructure is expensive, and organizations may be unwilling to abandon those capital expenditures, just to move to the cloud. Rather than migrating to the cloud infrastructure entirely, the best possible alternative will be to inherit the hybrid model and make the maximum use of both models.
Canada Anticipated to Witness Rapid Adoption
With the United States being its closest neighbor and the most significant market for cloud computing, Canada has had a considerable advantage in advanced technology transfer. Barring specific data transfer and privacy issues, the cloud computing market in Canada projects a bright picture. Canada has been at the forefront of implementing innovative technologies related to the IT industry, which is one of the fastest growing sectors of the country’s economy.
The market environment for cloud computing continues to develop, as the availability and usage of cloud-based solutions become more prevalent. Almost all enterprises are looking for a solution to reduce the time taken to search for data and improve the efficiency of the employees and organizations. This has increased the utilization of data warehousing solutions, thereby increasing the efficiency of business processes.
Growth is mainly because various SMEs are increasing their investments in IT products and services. Government agencies are also increasing their spending on cloud-based services, as a part of cost-cutting initiatives.
Cloud-based data warehousing acts as an infrastructure design with a higher potential than traditional data warehouse deployment methods. Thus, organizations can use their private cloud for supporting their data warehouse and analytics. Budget constraints for IT, insufficient time to build in-house software, and cost advantages attached to hosted or on-demand software subscriptions are the primary factors responsible for the increased adoption of cloud-based data warehousing solutions by enterprises.
Competitive Landscape
The active data warehousing market is highly fragmented. It comprises of several global and regional players in a fairly-contested market space. However, the market is shifting toward the consolidation of various smaller players.
Sustainable competitive advantage can be gained through innovation. New markets, such as big data or the internet of things, are reshaping the industry trends. This market is characterized by growing levels of product penetration, moderate/high product differentiation, and high levels of competition.
Some of the key players include Oracle, Microsoft, and HP. Some of the key recent developments in the area include:
Oracle launched an autonomous cloud database capable of patching cybersecurity weaknesses on its own accord, according to an announcement by CTO and Chairman Larry Ellison, at Oracle OpenWorld 2017. Oracle Autonomous Database Cloud uses machine learning to eliminate human maintenance and error, offering self-driving, self-scaling, and self-repairing database functions.
Hewlett Packard Enterprise announced the HPE Privileged Account Management (PAM) Service offering, an extension to its HPE Managed Security Services (MSS) portfolio. In partnership with account security software provider CyberArk, this offering is designed to help customers more effectively mitigate the heightened risk associated with privileged accounts, enforce more consistent application of security policies, and reduce manual efforts and administrative costs.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Increase in Adoption of Business Intelligence and Big Data Analytics Solutions in Various Industries
4.4 Market Restraints
4.4.1 High Consumption of Resources and Time Required for Implementation
4.5 Value Chain Analysis
4.6 Industry Attractiveness Porter’s Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type of Deployment
5.1.1 On-premise
5.1.2 Cloud-based
5.1.3 Hybrid
5.2 Geography
5.2.1 North America
5.2.1.1 United States
5.2.1.2 Canada
5.2.2 Europe
5.2.2.1 Germany
5.2.2.2 United Kingdom
5.2.2.3 France
5.2.2.4 Spain
5.2.2.5 Rest of Europe
5.2.3 Asia-Pacific
5.2.3.1 China
5.2.3.2 Japan
5.2.3.3 India
5.2.3.4 Singapore
5.2.3.5 Australia
5.2.3.6 Rest of Asia-Pacific
5.2.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 ORACLE CORPORATION
6.2.2 HEWLETT PACKARD ENTERPRISE CO
6.2.3 MICROSOFT CORPORATION
6.2.4 SAP SE
6.2.5 AMAZON WEB SERVICES INC
6.2.6 Tresure Data Inc.
6.2.7 Cloudera Inc.
6.2.8 Snowflake Computing Inc.
6.2.9 Pivotal Software, Inc.
6.2.10 Huawei Technologies Co. Ltd
6.2.11 Teradata Corporation
6.2.12 Kognitio Ltd
6.2.13 IBM Corporation
7 MARKET INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Type of Deployment
On-premise
Cloud-based
Hybrid
Geography
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Singapore
Australia
Rest of Asia-Pacific
Rest of the World
Advanced Authentication Market – Growth, Trends and Forecast (2019 – 2024)
| Information & Communications Technology | Published by: Mordor Intelligence | Market: Global |
| 120 pages | Published: 11-06-2019 |
- Information & Communications Technology
- Mordor Intelligence
- Global
- 120 pages
- Published: 11-06-2019
Market Overview
The global advanced authentication market was valued at USD 8.6 billion and is estimated to register a CAGR of 13.4% over the forecast period (2019-2024). Security threats have been increasing continuously. Hackers are finding new ways to steal the data while new viruses are being developed to steal sensitive information from enterprises and individual users. With most of the users now preferring to perform transactions online, it becomes imperative of the organization to deploy authentication solutions, which help in convenient and secure access.
Every organization needs a reliable security system as a way to confirm the truth of something or the identity of a person. The basic or traditional password method is too often breached or copied/shared, thereby exposing data to theft or malicious intrusions.
The other factor contributing to the growth of the advanced authentication solutions market is the increased adoption of mobility. Enterprises are feeling pressure to enable employees, partners and other stakeholders to access more sensitive information from anywhere and any device. This is making advanced authentication systems a critical aspect of an enterprise’s organizational strategy.
Vendors of advanced authentication solutions are developing and improving their existing authentication methods. Some of the most commonly used authentication methods are biometrics, smartcards, tokens, and several others for mitigating security risks.
Scope of the Report
Advanced authentication provides a central place for all authentication policies to be managed. This is important because organizations are usually forced to operate and maintain multiple infrastructures. Advanced authentication/two-factor authentication/multifactor authentication requires an additional separate factor or credential to complete the log-in or transaction process.
Key Market Trends
Biometrics to hold Major Share
Biometrics analyze and verify/authenticate individuals based on human physical characteristics, such as fingerprint, retina, iris, palm, speech, and voice, among others.
This method of authentication has been widely adopted, owing to the key advantages it offers, namely its non-repudiation, non-transferable, and non-identifiable nature, thus providing a high level of protection against fraud.
The technology has found successful implementation across various end users, such as forensics, governments, banking and financial institutions, and enterprise identity management, among others. Moreover, the widespread availability of fingerprint sensors in affordable mobile devices and government national ID programs have been instrumental in increasing the awareness and adoption of this technology.
India to Exhibit Highest Growth
India experienced a 68% rise in cybercrime registration from 2010-2016 and ranks 5th in the world regarding DNS hijacks. As a result, efforts are on from the government’s end and from the enterprises in combating the threat. With campaigns like the massive “Digital India Initiative,” the government is preparing itself to fight cybercrime with robust regulations, legal frameworks, and implementable laws. Government’s recent step toward money demonetization led to a revolutionary change in the Indian banking industry. As a result, 43.7 million Indian users now use mobile banking, which poses a potential opportunity for the market.
Competitive Landscape
The advanced authentication market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with a prominent share in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market share and profitability. In Jan 2018, Gemalto announced PURE white-label payment solution services to GhIPSS (Ghana Interbank Payment and Settlement Systems), a subsidiary of Ghana’s central bank that manages the country’s interbank payment processing system. This operation is expected to increase the visibility of the company in the African region. In the same month, HID Global announced that its HID Approve two-factor mobile authentication and verification platform supports Apple’s iPhone X Face ID facial recognition system. The company expects facial recognition to play an increasingly significant role in its authentication offering, combined with threat and fraud detection.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Increased Number of Cloud Users And Datacentres
4.3.2 Increasing Number of Security Breaches And Related Costs
4.4 Market Restraints
4.4.1 High Upgrade and Replacement Costs
4.5 Value Chain Analysis
4.6 Industry Attractiveness Porter’s Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
4.7 Government Policies and Industry Regulations
5 TECHNOLOGY SNAPSHOT
5.1 Technology Overview
5.2 Deployment Methods
5.3 Different Authentication Methods
6 MARKET SEGMENTATION
6.1 By Authentication Methods
6.1.1 Smart Cards
6.1.2 Biometrics
6.1.3 Mobile Smart Credentials
6.1.4 Tokens
6.1.5 User-based Public Key Infrastructure
6.1.6 Other Methods
6.2 By End-user Industry
6.2.1 Banking/Financial Services
6.2.2 Healthcare
6.2.3 Government
6.2.4 Defense
6.2.5 IT and Telecom
6.2.6 Other End-user Industries
6.3 Geography
6.3.1 North America
6.3.1.1 United States
6.3.1.2 Canada
6.3.2 Europe
6.3.2.1 United Kingdom
6.3.2.2 Germany
6.3.2.3 France
6.3.2.4 Italy
6.3.2.5 Rest of Europe
6.3.3 Asia-Pacific
6.3.3.1 China
6.3.3.2 India
6.3.3.3 Japan
6.3.3.4 Australia
6.3.3.5 Rest of Asia-Pacific
6.3.4 Latin America
6.3.4.1 Brazil
6.3.4.2 Argentina
6.3.4.3 Rest of Latin America
6.3.5 Middle East & Africa
6.3.5.1 United Arab Emirates
6.3.5.2 Saudi Arabia
6.3.5.3 South Africa
7 COMPETITIVE LANDSCAPE
7.1 Vendor Market Share
7.2 Company Profiles
7.2.1 Fujitsu Ltd.
7.2.2 Gemalto N.V
7.2.3 NEC Corp.
7.2.4 CA Technologies
7.2.5 Safran Identity and Security SAS
7.2.6 Dell Technologies Inc.
7.2.7 Lumidigm Inc.
7.2.8 Validsoft
7.2.9 Pistolstar
7.2.10 Securenvoy
8 INVESTMENT ANALYSIS
9 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Authentication Methods
Smart Cards
Biometrics
Mobile Smart Credentials
Tokens
User-based Public Key Infrastructure
Other Methods
By End-user Industry
Banking/Financial Services
Healthcare
Government
Defense
IT and Telecom
Other End-user Industries
Geography
North America
United States
Canada
Europe
United Kingdom
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
United Arab Emirates
Saudi Arabia
South Africa
Advanced Authentication Market in the Financial Service Industry – Growth, Trends and Forecast (2019 – 2024)
| Information & Communications Technology | Published by: Mordor Intelligence | Market: Global |
| 100 pages | Published: 11-06-2019 |
- Information & Communications Technology
- Mordor Intelligence
- Global
- 100 pages
- Published: 11-06-2019
Market Overview
The global advanced authentication market in the financial service industry was valued at USD 3.06 billion in 2018, and it is expected to register a CAGR of 13.6% over the forecast period (2019-2024). The financial services domain, to provide seamless services to its end users, needs to share sensitive and often regulated information across organizations and corporates. The need for sharing data has increased considerably over the last few years, majorly as a result of the advent of cloud-based services.
Major solution providers in the market today are focusing on providing a broad platform to support various existing entities in the environment, including Windows Credential Provider, OSX, iOS, Android, Windows Mobile, and Linux Pluggable Authentication.
With the demand for mobile application security, particularly for financial services, along with low-cost apps and on-demand provisioning of software, the cost of biometric integration is expected to decrease.
Changing consumer dynamics and increasing technology penetration are driving the adoption of online services among end users. The trend is also driving online transactions, resulting in a renewed emphasis on security and privacy.
Scope of the Report
Advanced authentication provides a central place for all authentication policies to be managed. This is important because organizations are usually forced to operate and maintain multiple infrastructures. Advanced authentication, two-factor authentication, or multifactor authentication requires an additional separate factor or credential to complete the log-in or transaction process.
Key Market Trends
Biometrics Segment to Hold Major Share
Biometrics analyze and verify/authenticate individuals based on human physical characteristics, such as fingerprint, retina, iris, palm, speech, and voice, among others.
This method of authentication has been widely adopted, owing to the key advantages it offers, namely its non-repudiation, non-transferable, and non-identifiable nature, thus providing a high level of protection against fraud.
The technology found successful implementation across various end users, such as forensics, governments, banking and financial institutions, and enterprise identity management, among others. Moreover, the widespread availability of fingerprint sensors in affordable mobile devices and government national ID programs have been instrumental in increasing the awareness and adoption of this technology.
North America Region to Account for Significant Share
North America is anticipated to hold major share owing to the increasing dependency of organizations on computer networks and electronic data to conduct their daily operations, and growing pools of personal and financial information that are also transferred and stored online. This tendency toward the adoption of online services for daily transactions has increased the need for advanced authentication services in the country.
According to the Federal Trade Commission (FTC), it was estimated that USD 16.9 billion was stolen from 16.5 million US consumers in 2017 (compared with USD 16.3 billion and 15.2 million in 2016) through identity thefts and fraud.
Competitive Landscape
The advance authentication market in the financial services industry is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with a prominent share in the market are focusing on expanding their customer base across foreign countries.
These companies are leveraging on strategic collaborative initiatives to increase their market share and profitability. In Jan 2018, Gemalto announced PURE white-label payment solution services to GhIPSS (Ghana Interbank Payment and Settlement Systems), a subsidiary of Ghana’s central bank that manages the country’s interbank payment processing system.
This operation is expected to increase the visibility of the company in the African region. In the same month, HID Global announced that its HID Approve two-factor mobile authentication and verification platform supports Apple’s iPhone X Face ID facial recognition system. The company expects facial recognition to play an increasingly significant role in its authentication offering, combined with threat and fraud detection.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Increasing Volume of Non-cash Payments/Transactions Fraud
4.3.2 Rising Need for Prevention of Threats due to the Increasing Number of Cloud Users
4.3.3 Increasing Number of Security Breaches, Identity Theft Threats, and Related Costs
4.4 Market Restraints
4.4.1 Privacy Concerns Regarding the Authentication Vendor and High Costs of Token
4.4.2 The Presence of Legacy Systems in the Financial Services Sector and Software Migrating Cost
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness Porter’s Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
4.7 Government Policies and Industry Regulations
5 TECHNOLOGY SNAPSHOT
6 MARKET SEGMENTATION
6.1 By Authentication Method
6.1.1 Smartcards
6.1.2 Biometrics
6.1.3 Mobile Smart Credentials
6.1.4 Tokens
6.1.5 Other Authentication Methods
6.2 Geography
6.2.1 North America
6.2.2 Europe
6.2.3 Asia-Pacific
6.2.4 Latin America
6.2.5 Middle East & Africa
7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Fujitsu Ltd.
7.1.2 Gemalto N.V
7.1.3 NEC Corp.
7.1.4 CA Technologies Inc.
7.1.5 Safran Identity and Security SAS
7.1.6 Dell Technologies Inc.
7.1.7 Lumidigm Inc.
7.1.8 Validsoft Ltd.
7.1.9 Pistolstar Inc.
7.1.10 SecurEnvoy Ltd.
8 INVESTMENT ANALYSIS
9 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Authentication Method
Smartcards
Biometrics
Mobile Smart Credentials
Tokens
Other Authentication Methods
Geography
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa