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Communication services

Near Field Communication (NFC) Market – Size, Outlook, Categories And Trends, 2014 To 2020

Nearfield communication (NFC) refers to a cordless technology. It primarily finds uses in tablets and mobile phones. NFC is based on RFID technology and is a substitute to other cordless technologies. NFC provides the benefit of high safety in comparison to others. The near field communication (NFC) market has gained considerable momentum. This is owing to the rising implementation of NFC technology across different industry verticals. The increased demand for NFC in consumer sectors is also projected to drive the market ahead.

For Market Research Report on “Near Field Communication (NFC) Market” Visit – http://www.grandviewresearch.com/industry-analysis/near-field-communication-nfc-market

Outlook

The near field communication (NFC) market is estimated to attain a value of about USD 16.3 billion by 2022. It is predicted to register a CAGR of around 8.8 percent during 2014 to 2022. The market is likely to witness significant expansion in the coming years. It is highly dynamic in nature and has great prospectives across various industries.

The vital drivers of the near field communication (NFC) market are growing implementation of NFC technology in the expanding market of smartphones and increased consciousness regarding safety offered by it. Low consciousness with regard to advantages and apprehensions of safety and confidentiality in relation to NFC technology has served as a hindrance for the market.

Categories

The near field communication (NFC) market is fragmented in view of three categories. These are applications, products and geographical regions. The applications market includes ticketing, payment, data sharing, booking, medical, services, games and toys and authentication and access control.

Rising demand for NFC in all these sectors is also estimated to drive the demand for the near field communication (NFC) market.

The products market consists of NFC tags, NFC controller ICs, NFC secure elements and NFC readers. The geographical regions near field communication (NFC) market covers Europe, rest of the world, Asia Pacific and North America.

Leaders

The applications market was dominated by contactless transactions utilizing NFC-enabled instruments in 2012. Contactless transactions utilizing NFC-enabled instruments were the biggest application sector that year. They occupied about 22 percent of the entire near field communication (NFC) market. The authentication and access control sector making use of NFC is rapidly occupying shares with time. This is on account of enhanced safety characteristics.

Clients are growingly self-assured about the utilization of contactless payments. This factor is also predicted to drive the demand for the near field communication (NFC) market. Amidst all the product sectors, the market was dominated by NFC readers in 2012. NFC readers occupied the biggest share of about 46 percent that year. This was on account of higher sales costs.

The rising implementation of NFC technology will also grow the demand for NFC readers in the years ahead. NFC tags are facing imperative demand across newer applications, like the sectors of games and toys and medical. This factor is predicted to drive the sales of NFC tags in the years to come. North America was the biggest near field communication (NFC) market of the globe in 2012.

The region occupied a share of about 32 percent in the global near field communication (NFC) market. This was because of considerable demand for contactless payments and premature enforcement of technology in it.

Near Field Communication (NFC) Market

Information Source: Grand View Research

Categories
Communication services

Competitive Local Exchange Carriers (CLEC) Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies, and Forecasts, 2015 To 2022

Owing to several technological advancements in the telecommunication market, the global Competitive Local Exchange Carriers (CLEC) market is expected to witness significant growth over the forecast period. Various advancements such as fiber optics network, DSL, and LMDS are expected to trigger the CLEC market.

After the U.S. Government passed the Telecommunication Act of 1996, the CLEC concept has emerged in the market. CLECs are local area businesses that purchase or lease telephone lines and switches from well-known telecom operators and provide end-users with better quality telephone services at low prices.

For Market Research Report on “Competitive Local Exchange Carriers (CLEC) Market” Visit –http://www.grandviewresearch.com/industry-analysis/competitive-local-exchange-carriers-market

Prominent features such as cost-effectiveness, scalability, and flexibility are expected to drive the CLEC market over the next six years. CLEC provides high-speed data service to home-users, telecommuters, and businesses. Highly developed telecommunication services, amplified demand by customers for cost-effective tariff plans, and the rising demand for enhanced bandwidth are expected to drive CLEC market growth.

Emergence of advanced technologies such as Metro Ethernet and fixed wireless is anticipated to offer prominent opportunities for the CLEC market development. Additionally, ongoing erosion of wireless access lines and continued growth of wireless-only households and interconnected VoIP is estimated to impel CLEC market growth.

However, high infrastructural requirements and initial investments for the expansion of networks are expected to challenge the CLEC market over the forecast period. Further, the CLEC’s vulnerability against lower operating margins is anticipated to immensely affect their ability to produce heavy cash flows.

The CLEC market can be segmented based on the technologies applied into copper local loop, terrestrial fixed wireless, Fiber-To-The-Premises (FTTP), and coaxial cable for data transmission. On the basis of service connection, the market can be categorized into VoIP subscriptions and end-user switch access lines. Various wireless telephone companies across the world are adopting facilities-based VoIP services over fiber-based facilities for offering enhanced telephone services to the end-users which are expected to drive the CLEC market expansion.

North America is expected to be the dominant region for the CLEC market owing to the regulatory reforms combined with well-established industry standards. Growing IT infrastructure developments in the Asia Pacific region, mainly in countries such as India, Japan, and China are further expected to fuel the market demand in this region.

Major market vendors in the CLEC market include CenturyLink Inc., Broadview Networks, Enventis Telecom Inc., InterGlobe Communication, AT&T Inc., RCN Corp., TW Telecom Inc., Verizon Comm. Inc., Electric Lightwave, Granite LLC, EarthLink Inc., XO Comm. LLC, and World Communication Inc.

Competitive Local Exchange Carriers (CLEC) Market

Information Source: Grand View Research

Categories
Communication services

Global Internet Protocol Address Management (IPAM) Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies, And Forecasts, 2015 To 2022

The global Internet Protocol Address Management (IPAM) market is anticipated to witness significant growth over the forecast period owing to rapid proliferation of IP-enabled devices. Moreover, the rise in migration from IPv4 to IPv6 IP addresses is projected to impel market growth. Internet Protocol Address Management (IPAM) assists in tracking and transmuting the information linked to the IP address in a network. It facilitates network administrators to modify several details related to a network. Moreover, it helps to improve the availability, efficiency, and effectiveness of IT infrastructure and minimize operational expenditures.

For Market Research Report on “Internet Protocol Address Management (IPAM) Market” Visit –http://www.grandviewresearch.com/industry-analysis/global-internet-protocol-address-management-market

Improving Internet Protocol Address Management (IPAM) techniques have led to swift and precise DNS/DHCP service protocols provisioning. Furthermore, it provides faster service delivery to the business. Integration of cloud services and network devices has fueled the market growth. In order to enable speedy transmission of data, video and voice, organizations have adopted IP-based network services. This has led to a transition of circuit switched networks to IP-based networks. Internet Protocol Address Management (IPAM) solutions are being largely adopted by organizations to minimize the risk of reliability, security, and downtime. Regular problems such as different sub-netting practices, large address pools, and lengthy addresses are now addressed by Internet Protocol Address Management (IPAM). It subsequently has impelled growth in the Internet Protocol Address Management (IPAM) market. Use of manual methods to manage Internet Protocol version 6 (IPv6) has become difficult for the organizations. Organizations are adopting IPAM solutions to overcome these problems.

IP addresses are largely used in wireless communication devices, virtual machines, IP telephony, and mobile computers. Internet Protocol Address Management (IPAM) finds applications in IP-based products such as IP phone, RFID tags, video conferencing equipment, and IP recorders. Increasing use in application segments is expected to drive the growth of Internet Protocol Address Management (IPAM) market.

High maintenance costs and licensing of IP address are poised to hinder the Internet Protocol Address Management (IPAM) market growth. Compatibility issue in installation of Internet Protocol Address Management (IPAM) over a network poses as a major challenge to growth of Internet Protocol Address Management (IPAM) market. Furthermore, it does not support third-party databases and configuration and management of non-Microsoft network essentials. Consistency of Ethernet devices such as routers and switches is not very reliable.

Improved infrastructure and robust telecommunications network are the major factors expected to drive the growth in the North American region. Network service providers and carrier networks in Asia Pacific region have provided integrated services to increase operational efficiency and have turned to convergent networks The Internet Protocol Address Management (IPAM) market is projected to experience surge in growth in emerging economies such as India, China, and South Korea. Availability of economical computer programmers in this region has propelled the market growth in Asia Pacific region.

The key market players in Internet Protocol Address Management (IPAM) market are Bluecat Network, Alcatel Lucent, BT INS, BT Diamond IP, Crypton Computers Ltd., Cisco Systems, Men & Mice, and Infoblox.

Internet Protocol Address Management (IPAM) Market

Information Source: Grand View Research