Global software testing services market to grow at a CAGR of close to 11% by 2020

Market outlook of software testing services

Research analyst predicts the global software testing services market to grow at a CAGR of close to 11% during the forecast period. One of the key drivers for the growth of the market is the growing popularity of crowdsourced testing. Crowdsourcing is a collective effort from people working in different locations on a single online project. Crowdsourced testing has gained immense popularity over the years because it is the only testing process that offers real-time feedback on product development, provide insights about the quality of the product, and helps tester detect bugs and defects over the software testing life cycle.

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Industry-specific testing services offerings is another significant trend that is envisaged to propel the growth of the software testing services market during the forecast period. Recent developments have driven companies to align testing services into vertical specializations, which has gained popularity over the years. For instance, Infosys, one of the key players in the global software development market, offers testing services through various specialized practices, such as healthcare, insurance, and retail validation and testing practice.

Product segmentation and analysis of the software testing services market
Application testing services
Product testing services

At present, the application testing services segment dominates the software testing services market, with a market share of over 88%. The growth of this segment is projected to continue over the next five years due to an increase in application verticalization specific to a concentrated user base. The growing consumerization of IT has encouraged companies to develop versatile applications to strengthen their presence and engage customers.

Segmentation by end-users and analysis of the software testing services market
BFSI
Financial services
Media
Telecommunications
Others

In 2015, the financial services sector led the market with more than 34% of the total market share. Almost all the financial application development and maintenance requires a high degree of testing services throughout the software development lifecycle. Intense competition among global leaders and the shift to specialized services are pushing financial institutions to seek for enterprise-grade testing services.

Competitive landscape and key vendors
The presence of a large number of providers has driven the software testing services market to grow tremendously over the years. Companies are forging partnerships with niche players to improve their software tool packages and enhance ongoing innovations. The market in North America is dominated by IBM, Accenture, and Cognizant, whereas Capgemini, TCS, Wipro, and Infosys hold strong positions in EMEA and APAC.

The top vendors in the market are -
Accenture
Capgemini
IBM
Wipro

Other prominent vendors in the market include Atos, Cigniti, Cognizant, CSC, Deloitte, Gallop Solutions, Hexaware, HP, Infosys, NTT Data, QualiTest Group, SQS, Steria, TCS, Tech Mahindra, and UST Global.

Key questions answered in the report include
What will the market size and the growth rate be in 2020?
What are the key factors driving the global software testing services market?
What are the key market trends impacting the growth of the global software testing services market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the vendors in the global software testing services market?
Trending factors influencing the market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global software testing services market?

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Global rare earth metals market to grow at a CAGR of 10.19% by demand volume over the period 2014-2019

About rare earth metals

Rare earth metals have unique physical and chemical properties, which make them suitable to alloy with other metals for use in applications that require enhanced magnetic strength, high temperature resistance, and other properties. They are widely used in the manufacture of magnets for wind turbine generators and for the electrodes in metal hydride batteries. These metals are also used in various applications pertaining to catalytic converters, fluorescent lighting, and memory storage. Increased demand for high performance materials from automotive and renewable energy applications coupled with an expanding supplier base is driving the growth of this market.

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Analysts forecast the global rare earth metals market to grow at a CAGR of 10.19% by demand volume over the period 2014-2019.

Covered in this report
Report, Global Rare Earth Metals Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion of the market, an extensive coverage on different types of application segments, elements, and demand-supply dynamics in various geographies. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion of the key vendors operating in this market.

The report presents data on the following segments of the market:
Applications: permanent magnets, battery alloys, catalysts, polishing powder, phosphors, glass additives, ceramics, and others
Elements: Light rare earth metals and heavy rare earth metals
Geography: China, Rest of Asia, US, and others

Key vendors
Alkane
Arafura
Avalon
Canada Rare Earth
Molycorp

Other prominent vendors
China Rare Earth Holdings
Frontier Rare Earths
Greenland Minerals and Energy
Indian Rare Earths
Jiangxi Copper
Lynas
Montero Mining and Exploration
Namibia Rare Earths
Quest Rare Minerals
Rare Element Resources
Showa Denko
Ucore Rare Metals

Market drivers
Exorbitant deposits of rare earth oxides
For a full, detailed list, view our report

Market challenges
Unavailability of skilled professionals in the mining sector
For a full, detailed list, view our report

Market trends
Increasing number of rare earth metal exploration projects
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the various end-uses and potential applications for the product?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space and what is the nature of competition between them?
What are the market opportunities and threats faced by the key vendors? Read more ....

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ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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Global network access control (NAC) market to grow profoundly at a CAGR of nearly 32% by 2020

Outlook of the global network access control market

Market research analyst predicts the global network access control (NAC) market to grow profoundly at a CAGR of nearly 32% by 2020. The recent rise in malware attacks on enterprise networks has forced companies to invest in NAC solutions to ensure authorized access to data. Moreover, a number of operating systems, such as iOS, Android, and Windows, have also improved their compatibility with NAC as it helps to ensure the security of the end users data. This growing adoption of the data protection solutions will result in this markets strong growth during the forecast period.

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Geographically, it is anticipated that the Americas will experience the highest adoption of NAC solutions during the forecast period. The augmented focus on web-based businesses in the BFSI, healthcare, and e-commerce sectors will lead to the steady growth of the NAC market in the Americas. Also, the growing adoption of Internet-of-Things (IoT) and M2M networks will result in this regions impressive market share of more than 55% by 2020.

Product-based segmentation of the NAC market
Hardware
Software
Services

Market research analysts have estimated the hardware segment to account for more than 69% of the total market share by 2020. The rising demand for NAC hardware in developing regions such as Latin America and APAC will help in the growth of this market segment during the forecast period.

Segmentation by end user and analysis of the NAC market
BFSI
Government
Healthcare

In this market research, analysts have estimated the BFSI segment to dominate the market for NAC solutions during the forecast period. Since cybercriminals often target banks and financial institutions for phishing and similar illegal activities, the need for NAC solutions in the BFSI segment will continually increase during the forecast period. The growing need for protecting critical data related to the financial sector will lead to this segments strong growth until 2020.

Competitive landscape and key vendors
The global network access control market is highly fragmented because of the presence of numerous small and large suppliers. The providers in this market compete on the basis of price, quality, innovation, service, reputation, distribution, and promotion to gain a competitive edge over their peers. The level of competition in this market has increased the number of mergers and acquisitions, wherein smaller entities are being acquired by or are being merged with, major players.

Leading vendors in the market are -
Aruba Networks
Bradford Networks
Cisco
ForeScout
Pulse Secure

Other prominent vendors in the market include Auconet, Check Point Software Technologies, CloudGuard, Extreme Networks, Impulse Point, InfoExpress, Intel, Nellsoft, PacketFence, Palo Alto Networks, Portnox, ScanSource Communications, Sophos, and StillSecure.

Key questions answered in the report include
What will the market size and the growth rate be in 2020?
What are the key factors driving the global network access control market?
What are the key market trends impacting the growth of the global network access control market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the vendors in the global network access control market?
Trending factors influencing the market shares of the Americas, EMEA, and APAC.
What are the key outcomes of the five forces analysis of the network access control market?

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Global industrial waste recycling and services market to grow steadily at a CAGR of over 12% by 2020

Market overview of industrial waste recycling and services

Research analyst predicts the global industrial waste recycling and services market to grow steadily at a CAGR of over 12% during the forecast period. The increasing amount of waste generated due to rapid industrialization is one of the primary growth drivers for this market. This research report indicates that more than 11 billion tons of industrial waste is collected worldwide, which needs to be managed properly, or else there will be land-space constraints, resulting in illegal dumping.

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Technological advances in recycling procedures, which include thermal and biological technologies, is also expected to boost the market growth during the forecast period. Waste recycling methods are chosen based on a cost-benefit analysis. By implementing cost-benefit analysis, industries get a proper perspective on the social, economic, and environmental issues involved, which can enable them to choose the most suitable technology.

Segmentation by industry and analysis of the industrial waste recycling and services market
Construction and demolition
Mining
Metallurgical
Oil and gas
Agriculture
Textiles
Chemicals

The construction and demolition segment dominated the market during 2015, with a market share of around 28%. Growing environmental concerns and increasing waste management initiatives are the main factors fueling the demand for waste recycling and services in the construction and demolition segment.

Waste type segmentation and analysis of the industrial waste recycling and services market

Hazardous
Non-hazardous

The non-hazardous waste segment dominated the industrial waste recycling and services market and accounted for about 87% of the market share during 2015. The non-hazardous segment is expected to grow steadily during the forecast period due to the government policies, such as those set by the Environmental Protection Agency (EPA) in the US.

Competitive landscape and key vendors
The global industrial waste recycling and services market is characterized by the presence of a large number of suppliers. Therefore, it is difficult to determine the market shares of suppliers at present. The APAC region is expected to witness encouraging growth during the forecast period due to massive growth in industrial activities, resulting in the generation of huge amounts of industrial waste. As a result, many vendors are looking to expand into APAC to expand their market footprint during the forecast period.

The leading vendors in the market are -
Republic Services
Suez Environnement
Veolia Environmental Services
Waste Management

Other prominent vendors in the market include Abengoa, Befesa, Enviro-Serv, Progressive Waste Solution, and Remondis.

Key questions answered in the report include
What will the market size and the growth rate be in 2020?
What are the key factors driving the global industrial waste recycling and services market?
What are the key market trends impacting the growth of the global industrial waste recycling and services market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the vendors in the global industrial waste recycling and services market?
Trending factors influencing the market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global industrial waste recycling and services market?

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ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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Global home security system market is projected to grow at a remarkable rate of above 13% by 2019

An overview of the home security system market

The rising incidents of security concerns has led to increased safety measures by residential dwellings. As a result, the global home security system market is projected to grow at a remarkable rate of above 13% during the forecast period. Advancement in technology and emergence of smart homes has led to the rise of integrated home security systems, which can be connected to smartphones and enable the monitoring of residences from remote locations.

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With improvement in network infrastructure, broadband and internet penetration has increased, and consumers are increasingly opting for wireless and technologically advanced products to ensure more security for their families. Therefore, vendors are expanding their distribution channels and R&D expenditure to improve their product offerings and leverage on the trend of home automation. As the trend towards home automation and smart homes grows, the market will gain traction.

Segmentation of the home security system market by product

Electronic and smart locks
Alarms
Security cameras
Security solutions
DIY home security
Sensors and detectors

In 2014, the security cameras segment of the global home security system market noted the highest contribution of close to 22%, and this trend is expected to continue in the next five years. Security cameras are embedded with features such as Wi-Fi connectivity, rechargeable and replaceable batteries, accessibility on Android and iOS devices through apps.

Geographical segmentation of the home security system market

Americas
EMEA
APAC

With a market share of over 48% in 2014, the Americas dominated the home security system market, followed by APAC and EMEA. Following the burgeoning trend towards smart homes and smart products, people are investing increasingly on smart home security products and solutions.

Competitive landscape and key vendors

The home security system market is fairly concentrated with a few major players holding the majority of the market share. The innovation in technology and products among the leading vendors plays an essential role in the growth of the market. The market also exhibit a considerable influx of private labels and startups in the market, especially in the DIY home security products market.

Top vendors in this market are -
ASSA ABLOY
Bosch Security Systems
Honeywell Security Group
Tyco
ADT
Nortek

Other prominent vendors included in this report are Alarm.com, Axis Communications, Lorex, Swann, and Visonic.

Key questions answered in the report include
What will the market size and the growth rate be in 2019?
What are the key factors driving the global home security system market?
What are the key market trends impacting the growth of the global home security system market?
What are the challenges to market growth?
Who are the key vendors in the global home security system market?
What are the market opportunities and threats faced by the vendors in the global home security system market?
What are the trending factors influencing the market shares of the Americas, EMEA, and APAC?
What are the key outcomes of the five forces analysis of the global home security system market?

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About ResearchMoz
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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Global automotive steering system market to grow at a steady CAGR of more than 8% by 2020

Outlook of the global automotive steering system market

Market research analyst predicts the global automotive steering system market to grow at a steady CAGR of more than 8% by 2020. The integration of driver assistance systems in vehicles and the development of the steer-by-wire steering system will aid in the growth of this market. Since the automotive steering system market is an integral part of the global automobile market, an increase in the global sale of automobiles will foster growth in the steering systems market during the estimated period.

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In terms of geography, the APAC region will dominate the market for steering systems during the forecast period. This region will account for a market share of more than 52% as it is the fastest and largest automotive market. This region is also the largest hub for automotive manufacturing activities due to its relaxed government incentives, low cost, and raw material advantages. Also, factors like low-cost labor, government incentives such as tax exemption and subsidy towards local manufacturing, and free-trade agreements with other countries in the region will promote market growth in this region during the predicted period.

Segmentation by end market and analysis of automotive steering system market
Aftermarket
OEM

In this market study, analysts have estimated the OEM segment to be the largest market segment during the predicted period. This segment currently accounts for a market share of approximately 77% and is envisaged to retain its dominating hold over the market by 2020 owing to structural changes in terms of electrification of automotive mechanisms, emission regulations, connectivity, and safety. Additionally, factors such as growing investments in the R&D of steer-by-wire technologies will result in the growth of this market segment during the predicted period.

Product-type segmentation of the automotive steering system market
Hydraulic power steering (HPS)
Electro-hydraulic power steering (EHPS)
Electric power steering (EPS)

Market research analysts have estimated the EPS system segment to account for an impressive market share of approximately 59% during the forecast period. Benefits such as its high fuel efficiency and reduction in weight, low development cost, and low energy consumption will foster the prospects for growth in this market segment during the estimated period.

Competitive landscape and key vendors
The global automotive steering system market is fragmented due to the presence of well-diversified global and regional vendors. The competitive environment in this market is expected to intensify with an increase in R&D innovations and M&A activities during the forecast period. The market is also likely to witness a growing trend of local acquisitions by the leading players as it will help them to boost their revenue generating capacity.

Top vendors analyzed in this market study are -
Bosch
JTEKY
Mando
Nexteer
TRW
Thyssen Krupp

Other prominent vendors in the market include Atmel, China Automotive Systems, Denso, Douglas Autotech, Mitsubishi Electric, NSK, Tianjin Jinfeng Automobile Chassis Parts, and Zhjiang Shibao.

Key questions answered in the report

What will the market size and the growth rate be in 2020?
What are the key factors driving the global automotive steering system?
What are the key market trends impacting the growth of the automotive steering system?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the vendors in the global automotive steering system?
Trending factors influencing the market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the automotive steering system?

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About ResearchMoz
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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Global Low Voltage Circuit Breaker Market Report: 2016

'Global Low Voltage Circuit Breaker Market Report: 2016 Edition' provides detailed market and segment level data on the Global and Chinese consumption of Low Voltage Circuit Breaker. The report provides historic, forecast and growth patterns by company, country and type/application from 2016 to 2021.

This report delivers an extensive overview of Global Low Voltage Circuit Breaker industry with a focus on China. It also acts as an essential tool to companies active across the value chain and to the new entrants by enabling them to capitalize the opportunities and develop business strategies. It also helps the companies to better understand the trends of Soups market to seize opportunities and formulate crucial business strategies.

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With this report, you will get access to:

1. Market overview including definition, industrial chain (upstream & downstream), manufacturing technology details and the costs analysis from the aspects of raw materials, labor costs and depreciation.
2. Value and volume consumption status and trends of the market, including Global and Chinese top players capacity & production, price & production value, cost & profit and market shares from 2011 to 2016.3. Worldwide supply/demand pattern of Low Voltage Circuit Breaker by country or region (North America, China, EMEA, Asia except China), and by application/type.
4. Growth, trends and forecast of 2016-2021 Low Voltage Circuit Breaker market and some important proposals for new investment of Low Voltage Circuit Breaker Industry before evaluating its feasibility.

Overall, the report provides an in-depth insight of 2011-2021 Global and Chinese Low Voltage Circuit Breaker industry covering all important parameters. Read more ....

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About ResearchMoz

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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