Category Archives: Technology Press Release

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VoLTE Technology Market by Manufacturers, Types, Regions and Applications Research Report Forecast to 2023

Market Scenario:  

The major growth driver of VoLTE (Voice over LTE) Technology Market includes evolution of 4G LTE network, growing popularity of video conferencing and instant file transmission services by enterprises, and growing demand of efficient voice call services in telecommunication sectors among others.

Hence the market for VoLTE (Voice over LTE) Technology is expected to grow at XX% CAGR (2016-2022).

However, high price of calls and lack of technical expertise are some of the factors which are hindering the growth of VoLTE (Voice over LTE) Technology Market.

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Segments:

Five Qualities of a Result Driven SEO Company

Digital marketing campaign is essential for any business. With increased number of smartphone users, having your presence notices in the digital network is important to grow your leads and convert them.

A key aspect of digital marketing is SEO- Search Engine Optimisation. SEO services are important as they help your website rank higher in search engines and become the preliminary choice of audience when they are searching for a particular keyword. The growing industry has given birth to a myriad of SEO companies with competitive prices. This makes it difficult to choose the one that is best for your company. However, a quality company should ideally have the following traits:

Ultra-Portable Speakers Market is expected to register a CAGR of 12.1% from 2018 to 2026

According to a recent market report published by Persistence Market Research titled “Ultra-Portable Speaker Global Market Analysis 2013-2017 and Forecast 2018-2026,” the global ultra-portable speaker market was valued at US$ 1,510.6 Mn in 2017, and is expected to register a CAGR of 12.1% from 2018 to 2026.

United States Building Energy Management Systems Market (2018-2024)-6Wresearch

Growing Energy Demand and Rising Concern for Sustainable Development would be the Key Drivers for the Growth of Building Energy Management Systems in the United States – 6Wresearch

Building Energy Management Systems helps in tracking and monitoring the energy usage across several verticals such as commercial, upstream production and residential. The electricity tariffs in the United States for residential, commercial and industrial segments are expected to rise by 8%, 6% and 7%, respectively during 2016-19. Rising electricity bills is expected to drive the demand for building energy management systems in the United States over the coming years.

According to 6Wresearch, United States Building Energy Management Systems market revenues are projected to grow at a CAGR of 12.2% during 2018-24. The government of United States is supporting deployment of energy efficient devices and equipment through several incentives such as Federal Energy Management Program and Corporate Energy Management. According to Residential Energy Consumption Survey, American households consume more electricity during winters. Space heating and cooling are the biggest energy consuming segments in the residential application.

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According to Ravi Bhandari, Research Manager, 6Wresearch, “Software segment captured majority of the revenue share in the U.S. building energy management system market followed by services. Several features such as budgets & variance reports, utility bill tracking, real-time metering and collection of energy data usage by various equipment have enhanced their adoption in the market. However, declining cost of hardware devices such as sensors and computer peripherals would impact the revenue share of the segment over the coming years.”

“Space heating followed by lighting application dominated the market of building energy management systems. According to EIA, energy consumption for space heating in commercial sector registered an increase of 100% in 2017 as compared to the energy requirement in 2016 and is expected to rise over the next six years,” Ravi further added.

According to Akash Jain, Research Analyst, 6Wresearch, “Hardware components such as sensors, actuators and controllers forms the framework of the building energy management system. These hardware components allow remote monitoring, data processing and integration of multi-protocol communication interface in the system. According to EIA, around 1,410 billion KWh electricity was consumed by the residents of the United States, which is expected to touch 1,600 billion KWh by 2040 on account of increasing market penetration of electricity devices that are not covered under efficiency standards and thus would boost the demand for building energy management system in the country.

“The infusion of Internet of Things in building energy management systems and combining it with multiple features in a building equipment such as lighting, security and heating would be a new trend over the coming years,” Akash concluded.

Some of the key players in the United States Building Energy Management Systems market include- Honeywell, Johnson Controls International, Siemens, Schneider Electric and Ecova.

United States Building Energy Management Systems Market (2018-2024)” provides in-depth analysis with 73 figures and 7 tables covered in more than 125 pages. The report estimates and forecast the overall United States Building Energy Management Systems market by components & services, hardware, price end user, applications and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

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6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.

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Unified Communications Market to Attain Revenues $75.50 billion by 2020

6613566747753459592.jpg18 October 2018 –

A recent study by Hexa Research reveals that increasing enterprise and workforce mobility will be important factors leading global Unified Communications Market to attain revenues of more than $75.50 billion by 2020. Rising penetration of smartphones will also augment demand for unified communication products. Many organizations, large and small, across the globe are encouraging practices such as Bring Your Own Device (BYOD), necessitating reliable unified communication solutions.

However, huge capital investments and challenges linked to seamless operation across varied platforms are possible inhibitors for the growth of unified communications industry.

In-Memory Database Market worth 6.58 Billion USD by 2021

The report “In-Memory Database Market by Application (Transaction, Reporting, Analytics), Data Type (Relational, SQL, and NEWSQL), Processing Type (OLAP and OLTP), Deployment Model, Organization Size, Vertical, and Region – Global Forecast to 2021″, The in-memory database market is estimated to grow from USD 2.72 Billion in 2016 to USD 6.58 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 19.3%. Faster data processing, falling RAM prices, and massive amount of data being generated from various industries are the key driving forces of in-memory database market.

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Online Analytical Processing (OLAP) processing type to grow at the highest CAGR during the forecast period

Smart Railways Market worth 20.58 Billion USD by 2021

The report Smart Railways Market by Solution (Passenger Information, Freight Information, Rail Communication, Advanced Security Monitoring, Rail Analytics), Component, Service (Professional, Managed), and Region – Global Forecast to 2021″, The smart railways market size is expected to grow from USD 10.50 Billion in 2016 to USD 20.58 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 14.4% during the period 2016–2021. The major drivers for upsurge in demand for smart railways solutions, components, and services include increasing demand for improved services in railways, emerging trend of smart cities, increasing government initiatives, and emergence of IoT.

 

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Subscription and Billing Management Market worth 6.01 Billion USD by 2021

The report Subscription and Billing Management Market by Solution (Subscription Order Management, Billing Mediation, Pricing and Quote Management), Service (Professional and Managed), Deployment (Cloud and On-Premise), User Type, Vertical – Global Forecast to 2021″, The subscription and billing management market is expected to reach USD 6.01 Billion by 2021, at a CAGR of 15.7% during the forecast period. Subscription and billing management is growing gradually and is being adopted by users to standardize processes for both subscriptions and billing management. The continuous developments in this technology and its solutions have also encouraged users to adopt subscription and billing solutions and services.