Wednesday, 1 January 2014

The increasing need to reduce operational costs and time gives an impetus to the growth of the value-added managed services market in the APEJ region


Value-added managed services market in the APEJ region is forecasted to grow at a CAGR of 14.1% over 2012 to 2016. This market has witnessed an increased demand for cloud-based services. However, the lack of transparency of service level agreements (SLAs) could pose a challenge to the future growth of this market.

The cloud-based managed services model is taking off at a tremendous pace now and is expected to be a key trend in the market within the next few years. There appears to be a decent market for managed cloud-based services at the small and mid-market level. Given their advantages, many end-users prefer cloud-based solutions.

Moreover, with advantages such as reduced costs and ease of installation and operation, SMBs find cloud-based services more useful compared to other traditional service offerings. Thus, seeing the increasing demand and popularity of cloud-based offerings, many vendors in the value-added managed services market in the APEJ region are offering cloud-based services.

One of the main growth drivers within the market comprises the need to reduce operational costs and time. There has been a significant transformation and development in the way firms have approached IT services over the past decade. Currently, the market is witnessing increased demand for managed services. With a growing number of vendors of managed services, coupled with the 24/7 availability and high quality of such services, organizations are increasingly seeking them out in an attempt to reach out to the local talent and maintain an economical internal cost structure.

One of the major challenges faced by the value-added managed services market involves the lack of transparency of SLAs. SLAs are extremely important to a customer as well as a managed service provider. Customers often do not know what services to choose as a part of the SLA. Also, managed service providers are often not consistent and fail to fulfill their promises.

For further insights, visit Value-added Managed Services Market in APEJ

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Lack of product innovation could pose a challenge to the growth of the supplements market in the US


Supplements market in the US is expected to grow at a CAGR of 4.65% over 2012 to 2016. One of the key factors contributing to the growth of this market is the increase in the region’s aging population. The supplements market in the US has also witnessed increased usage of weight-loss supplements.

One of the main trends witnessed in the supplements market in the US is the availability of supplements in alternate forms. Natural nutrients such as proteins, vitamins, minerals, enzymes, and herbs and botanicals are important ingredients of the regular diet of a person. Proper consumption of these nutrients is essential for maintaining a healthy life.

However, the presence of some adverse environmental factors, such as unhealthy diet and sedentary lifestyles, is leading to malnutrition. However, with the introduction of supplement-based products, people are able to cope up with these deficiencies. Vendors are providing supplement-based products in different forms such as instant health drinks, chocolate bars, probiotic drinks, pediatric nutrient products, adult nutrient products, and vitamin water.

One of the main factors driving the US supplements market’s growth is the increased focus on organic healthcare products. Organic healthcare products are helpful in the treatment of diseases such as cardiovascular ailments, neurological diseases, and muscular degeneration; they are also effective against age-related muscular degeneration and in relieving cold and flu symptoms, which is, in turn, increasing demand for the same.

One of the main challenges faced by the US supplements market is the negative publicity carried out by the local media. Overtly negative publicity against some of the supplement-based products by electronics media and print media is affecting the overall consumer perception of supplement-based products.

For further insights, Visit Supplement Market in the US

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LTE market in the US is expected to grow at a CAGR of 45.65% over 2012 to 2016

The primary trend witnessed in the Long Term Evolution (LTE) market in the US centers on the increased investments made by AT&T recently. The LTE market in the US was mainly dominated by Verizon that introduced LTE services in the US. Verizon and Sprint were among the first network operators to introduce LTE services in the US and Verizon invested heavily in 2010-2011, thereby securing a dominant position in the market.

However, AT&T has been investing heavily since 2011 in order to enhance its position in the market. The company also tried to acquire T-Mobile, another network operator in the US in 2011, but the attempt proved unsuccessful. However, the increased investments by AT&T in the US LTE market and the subsequent deployment of more LTE networks across the country have together led to immense growth in the market and increased competition among local network operators.

The main driving factor behind the growth of the LTE market in the US is the increased competition among the network operators. Verizon, the biggest network operator, has invested significantly in LTE networks. Sprint, another major network operator, was also one of the first operators to invest in LTE networks. With the increased adoption of LTE-enabled devices in the region, the demand for LTE based services is increasing significantly.

The main challenge faced by the US LTE market includes pricing issues faced by the network operators and vendors due to the intense competition. Equipment providers such as Ericsson, Alcatel-Lucent, and Nokia Siemens Networks are intensely competitive and they are focused on having an edge in the LTE market in the US, which incidentally is the biggest and the fastest growing market for LTE services. This has led to increased pricing issues, resulting in lowered profitability.

For further insights, LTE Market in US

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Increasing oil prices have contributed majorly to the growth of the IT market in Russia

The IT market in Russia is projected to grow at a CAGR of 16.21% over 2012 to 2016. One of the key factors contributing to the growth of this market centers on the increase in oil prices. The IT market in Russia has also witnessed increased usage of cloud computing. However, the lack of a proper legal framework to control piracy could pose a challenge to the future growth of this market.

Cloud computing is an Internet-based computing service where all the data of end users are stored on a vendor's data center. Cloud-based resources are not only shared by multiple users but are also dynamically re-allocated as per their demand. End users of cloud computing services do not need to invest in infrastructure and other resources. They only need to pay for the services they use, based on a pay-per-subscription model that helps them save on the cost and time of implementation. This also helps end users to focus on their core competencies.

Cloud computing can be divided into IaaS, SaaS, and PaaS. Until recently, people in Russia were not fully aware of the benefits of cloud computing. However, of late, they have started investing in IaaS, which has in turn, led to increased demand for this segment, followed by the demand for SaaS-based solutions. In addition, the investment in public clouds is expected to increase over time depending on the growing awareness among consumers.

Several advantages associated with cost and time has led to cloud computing becoming highly popular among SMEs worldwide. However, SMEs of Russia have not invested much in cloud-based solutions; such companies have started investing into SaaS instead. Therefore, SMEs in Russia are expected to be the major end users for this technology during the forecasted period.

The growth of the IT market in Russia is driven by several factors, one of which is the increase in oil prices. The rise in oil prices is responsible for the stable economy of Russia. Increment in oil prices strengthens the Russian Ruble (RUB), which will further drive the IT spending from various end user segments, contributing to the growth of the market.

However, a major challenge faced by the Russian IT market and one that is curtailing its growth involves the lack of a proper legal framework to control piracy within the country. With most of the IT based software being available in the form of pirated versions, enterprises as well as individuals refrain from purchasing the original software, thereby inhibiting the overall growth of the market.

For further insights, visit IT Market in Russia 2012-2016

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Friday, 27 December 2013

Need for high-level security in the government sector is driving the touchless sensing equipment market



The global touchless sensing equipment market is anticipated to grow at a CAGR of 32.2% over 2012 to 2016. The growing need for high-level security in the government sector is set to drive the global touchless sensing equipment market. Although the market has witnessed rapid technological advancement of late, yet the fact that touchless sensing equipment is not 100% accurate could pose a challenge to its future growth.

A major trend in the global touchless sensing equipment market involves rapid technological advancements. The continuous technological advancements and modernization across the globe have increased the adoption of touchless sensing equipment in various sectors. Such advancements also enable touchless sensing equipment vendors to deliver high-quality products to their customers. The rate of change and technological advancements in the global touchless sensing equipment market is very high that has, in turn, led to increased accuracy of such equipment.

One of the drivers of growth for the global touchless sensing equipment market comprises the increased need for high-level security in the government sector. Government departments such as intelligence, defense, finance and military are the major adopters and users of touchless facial recognition technology. In recent years, the government sector has been the major revenue contributor to the market.

Further, one of the major challenges in this market centers on the fact that touchless sensing equipment is not 100 percent accurate. This is one of the major challenges for vendors of such equipment since it has reduced their adoption across customer segments.


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Stringent regulatory requirements pose challenges to global vitamin D testing market growth



The global vitamin D testing market is expected to grow at a CAGR of 32.36% over 2013 to 2018. One of the key factors contributing to the market’s growth is the increase in aging and chronically ill patient populations worldwide. The global vitamin D testing market has also witnessed an increase in product approvals.

The global vitamin D testing market is experiencing a significant increase in product approvals for leading vendors. For instance, Qualigen Inc. received the FDA approval for FastPack Vitamin D Immunoassay for use on its proprietary FastPack System for the rapid determination of vitamin D status and Gold Standard Diagnostics Corp. obtained the FDA clearance for its 25-OH Vitamin D Total ELISA test in July 2013. Moreover, DiaSorin received the FDA clearance for its newly developed LIAISON 25 OH Vitamin D TOTAL assay in February 2012. These product approvals are expected to have a positive impact on the growth of the market.

A major driver influencing the growth of the global vitamin D testing market is the increase in the aging and chronically ill populations worldwide. The majority of the global population is prone to several diseases as a result of changes in their lifestyles and food habits. This increases the demand for various diagnostic procedures, including vitamin D testing. Presently, vitamin D deficiency is associated with several diseases such as cancer, diabetes, heart attack and depression. That apart, one of the other major challenges involves the stringent regulatory approval process for vitamin D testing devices that leads to delayed approval of such devices.

For further insights, Global Vitamin D Testing Market

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Global Research Reports on Touchless Sensing Equipment Market

Global Touchless Sensing Equipment market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Touchless Sensing Equipment market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.







Find more at : Global Touchless Sensing Equipment market