Use Of Intelligence Is Increasingly Gaining Strategic Imperative Is Propel The Threat Intelligence Industry Growth Over The Forecast Period

The global threat intelligence market is anticipated to reach USD 12.6 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for threat intelligence is increasing owing to rise in cyber-crime, threat breaches and growing numbers of sophisticated attacks in leading security conscious sectors. Moreover, the breaches in most of the organizations have a financial or espionage motive which results in disruption of business and has become a major concern for them which is expected to contribute to demand of threat intelligence solutions and services immensely.

us-threat-intelligence-market

Threat intelligence incident forensics is expected to gain traction over the forecast period. The application of incident forensics initiates actionable security during breach through predictive and reactive analysis. Further, its application investigates the root causes of the breach and contains the damage of an attack. An organization lacking to incorporate advanced intelligence system might pose as a key determinant that significantly affects the mass adoption of incident forensics solution.

Organizations are preferring the use of cloud security as the cost incurred in the implementation of the on-premise solutions is high. The cloud-based security adoption is expected to increase in the near future owing to the growing adoption of cloud storage systems. The cloud-based deployment stops the unwanted traffic before it enters the network. Furthermore, it eliminates the requirement of on-premise equipment, which is expected to increase the demand for the product over the forecast period.

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Further key findings from the report suggest:

  • The global threat intelligence market accounted for USD 3,028.9 million in 2016 and is expected to grow at a CAGR of 17.4% from 2017 to 2025
  • The demand for incident forensics is estimated to reach USD 1,254.8 million by 2025 and is expected grow at a high rate over the forecast period.
  • The cloud-based deployment in threat intelligence market is estimated to account USD 1,146.4 million in the year 2016.
  • BFSI emerged as the largest application segment and is estimated to generate revenue over USD 3,282.0 million by 2025.
  • Threat intelligence demand in manufacturing applications is anticipated to witness moderate growth over the forecast period.
  • The Asia Pacific market is projected to witness substantial growth over the next decade owing to growing adoption of threat intelligence solutions on a large scale. The regional market is expected to grow at a CAGR of 21.1% from 2017 to 2025.
  • Key players include IBM Corporation, Dell Inc., Symantec Corporation, Check Point Software Technologies Ltd., accounting for a majority share of the overall market in 2016.

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Grand View Research has segmented the threat intelligence market on the solution, services, deployment, application and region:

Solution Outlook (Revenue, USD Million, 2014 – 2025)

  • Unified threat management
  • SIEM
  • IAM
  • Incident Forensics
  • Log Management
  • Third Party risk management

Services Outlook (Revenue, USD Million, 2014 – 2025)

  • Professional services
  • Managed Service
  • Subscription Services
  • Training & Support

Deployment Outlook (Revenue, USD Million, 2014 – 2025)

  • Cloud-based
  • On-Premise

Application Outlook (Revenue, USD Million, 2014 – 2025)

  • BFSI
  • IT & Telecom
  • Healthcare
  • Retail
  • Government & Defense
  • Manufacturing
  • Others

Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • MEA

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-threat-intelligence-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

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Near Field Communication Market Is Poised For Wide Growth Over The Forecast Period Owing To

The global Near Field Communication Market is expected to reach USD 47.43 Billion by 2024, according to a new report by Grand View Research, Inc. The industry is poised for an unprecedented growth over the forecast period owing to the increasing penetration of smartphones in the developing economy. Increasing adoption of mobile payment services has led to the intensive utilization of POS with the launch of e-wallet and Apple Watch. Banking entities, payment gateways, and payment processors are expected to expand the capabilities for accommodating the new enhanced technology. The emergence of the mobile wallet services has allowed users to pay for services through mobile devices or through cashless payment modes, which have further enhanced near field communication market growth.

near-field-communication-nfc-market.png

The increasing demand for the NFC-based payment solutions has led the manufacturers to develop an enhanced version of the digital payment platform, further developing the market growth. Growing penetration of wearable technology devices as a significant component of Internet of Things with lowered costs have immensely contributed to the industry growth.

The emergence of mobile wallets, such as Android Pay, Apple Pay, and Samsung Pay, are also expected to further drive the substantial mobile payments growth, owing to their capability of paying through mobile phones instead of cards or any other cashless payment modes. The increasing number of vendors is expected to increase the concentration and propel the development of near field communication infrastructure, thus accelerating the market growth. The increasing need for lowering the cost of ownership and the increased convenience need will continue to dictate the market development.

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Further key findings from the report suggest:

  • Banking entities, payment gateways, businesses and payment processors are expanding with the emerging payment technologies.
  • Near field communication Tags is expected to grow with a significant  CAGR over the forecast period as the technology provides a possibility of data exchange within the range of 10cm wirelessly.
  • SIM card type near field communication is expected to have the substantial transaction revenue over the projected period owing to the technological advancement and increasing penetration of smartphones
  • The transaction segment is estimated to have the significant market share and is expected to remain as the key segment for generating revenue over the forecast period. The increasing demand for contactless payments and growing interest of banks and other financial institutions in the segment have led to the immense growth.
  • The data sharing application is expected to have the considerable growth as data sharing segment includes the sharing of consumers’ personal data, such as pictures, videos, and MP3
  • S. NFC market is driven by in-store payments as a smartphone ecosystem leads to enhanced mobile platforms. Canadian smartphones are used widely for checking balances, online transaction, and funds transfer, which offers an opportunity of further technological advancements.
  • The key players in the NFC market include Identiv Group Inc (U.S), Broadcom Limited (A subsidiary of Avago Technologies) (U.S), Gemalto NV (Netherlands), Inside Secure (France).

Browse All Reports of Same Category by Grand View Research:  http://www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the near field communication (NFC) market on the basis of product type, application, and region:

Product Outlook (Transaction Revenue, USD Billion, 2014 – 2024)

  • SD Cards
  • SIM Cards
  • NFC Cover
  • NFC ICs
  • NFC Tags
  • NFC Readers

Application Outlook (Transaction Revenue, USD Billion, 2014 – 2024)

  • Access Control
  • Ticketing
  • Data Sharing
  • Medical Devices
  • Transaction
  • Product Identification
  • Others

Regional Outlook (Transaction Revenue, USD Billion, 2014 – 2024)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Access Press Release of this Report: http://www.grandviewresearch.com/press-release/global-near-field-communication-nfc-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

 

Grow Light Market size was valued at USD 2.64 Billion in 2016 and is Predicted To Go On $8.64 Billion By 2025: Grand View Research, Inc.

The global Grow Light Market is anticipated to reach USD 8.64 billion by 2025, growing at a CAGR of 14.1%, according to a new report by Grand View Research, Inc. The increased use of vertical farming and indoor cultivation, for producing crops, is likely to spur the market demand over the forecast period. Grow light helps in extending the hours of the natural daylight which further increases the health, growth rate and yield of the plants. Artificial lighting, such as high-pressure sodium lighting, LED lighting and plasma lighting can extend the availability of crops throughout the season.

us-grow-light-market

According to the UN, by 2050, around 80 percent of the world’s population will live in cities. People continuously move into cities to get access to training, service, jobs, culture and entertainment and all the other things cities’ offer. This means that the demand for food is increasing in these areas at the same time as the availability of arable land around cities is very limited.

Artificial lighting helps in extending the hours of the natural daylight which further increases the health, growth rate and yield of the plants. Artificial lighting, such as high-pressure sodium lighting, LED lighting can extend the availability of crops (throughout a season). LED lighting systems produce dual-band color spectrum and generate low heat. They are anticipated to witness significant growth over the forecast period.

The U.S. government has increasingly started to legitimize cannabis plantation across various states. With this initiative, cannabis cultivation is on a verge to become a big business in some parts of the country. Cannabis growers prefer Controlled-Environment Agriculture (CEA) to enhance product quality and yield. This set up consumes a high amount of electricity. As government officials and power companies are trying to convert this into a green industry, they are encouraging the use of LEDs to reduce power consumption and greenhouse gas emissions.

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Further key findings from the report suggest:

  • The escalating urban population and lack of arable land around cities is expected to drive the market.
  • The plasma technology segment is expected to portray high growth rate with a CAGR of 23.2% over the projected period
  • New installations and replacement lights, increasing urban cultivation, increasing vertical farming and government initiatives are expected to be the drivers of the market over the forecast period.
  • The Asia Pacific regional market is expected to have significant growth over the forecast period, owing to the technological advancement and commercial vertical farms
  • The key players of the market include AeroFarms (U.S.), Everlight Electronics Co., Ltd. (Taiwan), and Gavita Holland bv (U.)

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Grand View Research has segmented the grow light market based on application, product, system, technology, installation, spectrum, and regions:

Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Indoor Farming
  • Vertical Farming
  • Commercial Greenhouse
  • Others

Product Outlook (Revenue, USD Million; 2014 – 2025)

  • < 300 Watt
  • > 300 Watt

System Outlook (Revenue, USD Million; 2014 – 2025)

  • Hardware
  • Software

Technology Outlook (Revenue, USD Million; 2014 – 2025)

  • High Intensity Discharge (HID)
  • LED
  • Fluorescent
  • Plasma

Installation Outlook (Revenue, USD Million; 2014 – 2025)

  • New Installation
  • Retrofit

Spectrum Outlook (Revenue, USD Million; 2014 – 2025)

  • Partial Spectrum
  • Full Spectrum

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
  • South America
    • Brazil
  • Middle East and Africa (MEA)

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-grow-light-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Optical Brighteners Market Analysis By Application and Segment Forecasts To 2024

The global Optical Brighteners Market is expected to reach USD 1.11 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for optical brighteners from various industries including paper, personal laundry, textiles and cosmetics to improve illumination of the finished product is expected to be a principal factor in stimulating growth over the forecast period.

optical-brighteners-market.png

Increasing demand for whitening agents from the paper industry owing to their ability to impart superior brightness is expected to improve product penetration over the forecast period. Paper accounted for 35.8% of the global volume share in 2015. Growing consumer demand for paper from emerging economies including India and China is expected to propel expansion over the forecast period.

Textiles & apparels are one of the major end-uses of optical brighteners and are projected to witness significant growth at a 6.1% CAGR from 2016 to 2024. Increasing competitiveness among textile and garment manufacturers in Asia Pacific on account of high consumer demand has resulted in a significant rise in production volumes. This in turn has made a positive impact on the product demand owing to its ability to impart various shades of white to textiles & apparels which will influence industry expansion over the next few years.

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Further key findings from the report suggest:

  • European optical brighteners market is expected to grow at a CAGR of 6.4% from 2016 to 2024 in terms of volume. Germany, France and Italy are expected to be key markets on account of a positive outlook of the cosmetics industry. Penetration of optical brighteners has increased significantly in personal care products such as soaps and shampoos which have resulted in improving market dynamics of the product in Europe.
  • Asia Pacific is expected to witness the fastest growth over the projected period. Increasing production volumes of textile and paper in India, Thailand and China is likely to propel expansion of the product over the next eight years. The market is predicted to reach a value of USD 312.3 million by 2024. Cost effective production approach of optical brightener manufacturers in the region has been a major incentive for growth.
  • The demand for optical brighteners in consumer products was 59.4 kilo tons in 2015. Various government policies including FDI and “Make in India’’ is expected to drive the Indian paper and textile industries. Rising demand for detergents &soaps in countries including India, China, U.S., and Saudi Arabia will play a significant role in influencing growth over the forecast period.
  • Key industry players include Huntsman International LLC, Archroma, RPM International Inc., Aron Universal Limited, Teh Fong Min International Co., Ltd., Keystone Inc., BASF SE, Deepak Nitrite Limited and 3V Incorporation. Companies in this sector are increasing their production capacities to expand their business presence and gain market share.

View All Reports of Same Category by Grand View Research: http://www.grandviewresearch.com/industry/personal-care-and-cosmetics

Grand View Research has segmented the global optical brighteners market on the basis of application, end-use and region:

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)

  • Paper
  • Detergents & Soaps
  • Fabrics
  • Synthetics & Plastics
  • Others

End Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)

  • Consumer product
  • Security & Safety
  • Textiles & Apparel
  • Packaging
  • Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)

  • North America
    • US.
  • Europe
    • Germany
    • France
    • Italy
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Latin America
  • MEA

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-optical-brighteners-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Future is Bright for Chatbot Market is Expected To witness significant growth over the forecast period as they enable enterprises to substantially reduce operating costs

The global Chatbot Market is expected to reach USD 1.25 billion by 2025, growing at a CAGR of 24.3%, according to a new report by Grand View Research, Inc. The chatbot industry is expected to witness significant growth over the forecast period as they enable enterprises to substantially reduce operating costs. Additionally, innovations in artificial intelligence and machine learning technologies are likely to enhance the features of chatbots, which acts as a major driver for the market.

us-chatbot-market.png

A significant rise has been observed in the number of users of messaging services, which is expected to surpass the number of users of social networking sites. Additionally, there has been a significant development in the NLP field, which has resulted in streamlined interactions between computers and human languages. The entire chatbot ecosystem comprises various cross-linking features, which facilitates enhanced performance of chatbots in all application. Most companies prefer in-built chatbots on their websites as they facilitate enterprises in providing instant customer interaction. For instance, Slack and Twitter messaging platforms are preferred by majority businesses.

North America is expected to emerge as the major region for the chatbot market over the forecast period. The growth in this region is mainly attributed to the increasing deployment of chatbots in various business verticals. Technologies such as artificial intelligence, IoT, and APIs, among others, are evolving at a rapid speed. Chatbots are integrated with these technologies to offer enhanced operations, thereby driving market demand. Artificial intelligence and audio speech-based chatbots are expected to account for the largest market share in future. Additionally, speech recognition has improved drastically, especially in terms of native languages, which is expected to result in enhanced performance of chatbots in various applications.

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Further key findings from the report suggest:

  • Chatbots find various applications in e-commerce, healthcare, and BFSI sectors. Large enterprise emerged as the largest end-user segment in 2016 and is estimated to register a CAGR of 24.2% over the forecast period.
  • The bots for marketing segment is expected to witness the largest growth over the forecast period as these chatbots can connect the customers directly to service providers.
  • The standalone segment is estimated to grow at a CAGR of 24.8% over the forecast period.
  • The Asia Pacific market is projected to witness substantial growth over the next decade owing to various technological developments across major economies. The regional market is expected to grow at a CAGR of 24.7 % from 2017 to 2025.
  • Key participants in the chatbot industry include Baidu, Poncho, Kik, WeChat, Varo Money Inc., Babylon Health, ReplyYes, and SRI International. Chatbots have found wide applications in large enterprises as they enable better understanding of consumer behavior with the help of machine learning.

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Grand View Research has segmented the chatbot market based on end users, applications/business models, types, product landscape, verticals, and regions:

End User Outlook (Revenue, USD Million; 2014 – 2025)

  • Small Enterprises
  • Medium Enterprises
  • Large Enterprises

Application/Business Model Outlook (Revenue, USD Million; 2014 – 2025)

  • Bots for Service
  • Bots for Social Media
  • Bots for Payments/Order Processing
  • Bots for Marketing
  • Others

Type Outlook (Revenue, USD Million; 2014 – 2025)

  • Standalone
  • Web-based
  • Messenger-based/Third Party

Product Landscape Outlook (Revenue, USD Million; 2014 – 2025)

  • Artificial Intelligence
  • Marketing
  • Human Intelligence

Vertical Outlook (Revenue, USD Million; 2014 – 2025)

  • Healthcare
  • Retail
  • Banking, Financial Services, and Insurance (BFSI)
  • Media & Entertainment
  • Travel & Tourism
  • E-commerce
  • Others

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • Japan
    • South Korea
  • South America
    • Brazil
    • Rest of South America
  • MEA

View Press Release of this Report: http://www.grandviewresearch.com/press-release/global-chatbot-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

AR Market Is Likely To Eyewitness A Considerable Evolution Owing To Developments In Hardware Technologies Until 2024

The augmented reality (AR) Market size is expected to reach USD 100.24 billion by 2024, according to a new report by Grand View Research, Inc. The AR market is expected to witness a substantial growth owing to advances in hardware technologies and sophisticated mobile software.
augmented-reality-market

Emerging trends such as mounting convergence between wearable devices, AR, and Internet of Things (IoT) are anticipated to drive demand. The convergence amongst these technologies is expected to provide more interactive and immersive user experience.

AR has been used efficiently in marketing and PR initiatives for television, motion picture and other media promotional campaigns. Hence, growing adoption of AR technology by the entertainment sector is projected to drive the market over the forecast period.

Rising conceptualization in entertainment-related plans is observed as a lucrative opportunity for the industry. For example, Magic Leap, an augmented reality company, is developing a technology called as Dynamic Digitized Lightfield Signal that shines on the retina of the user and allows interaction between fictional characters and the real world.

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Further key findings from the report suggest:

  • The hardware segment is estimated to grow at a CAGR of over 90% over the forecast period. Companies such as Sony and Microsoft are expected to commercialize their devices in 2016, which is expected to bolster growth over the forecast period. Further, several companies are working on enhancing the quality of sensors and processors used in AR devices. For instance, Google has collaborated with the chip manufacturers to build camera components and processors for Android phones.
  • Increasing penetration of smartphones and tablets are expected to drive the software segment, growing at a CAGR of over 55% from 2016 to 2024. Increasing demand for AR apps in retail, gaming and entertainment is expected to contribute to the industry growth.
  • The head-mounted display (HMD) segment is anticipated to dominate the market growing at a CAGR of nearly 70%from 2016 to 2024. It can be attributed to the increasing scope of applications across the military, medicine, scientific visualization, manufacturing, education, training, navigation, and entertainment. The other factors driving demand include better content connectivity, enhanced user-experience and improved Field of View (FOV).
  • The adoption of smart glasses is expected to increase significantly in the consumer segment. Several companies are developing advanced smart glasses which are more user-friendly, light weight and offer better FOV.
  • Automotive sectors expected to grow at CAGR of over 70% over the forecast period. Virtual technologies are increasingly used in automotive in response to the rising number of model and equipment variants in the vehicle design and development process. For instance, Volkswagen used spatial AR to put across virtual data onto the actual vehicle design models that allow the analyses of components. As a result, it saves time and cost required for product development.
  • Asia Pacific AR market is estimated to reach over USD 44.30 billion by 2024. China is anticipated to drive regional growth with the increase in adoption of AR devices and mobile apps. In 2014, China witnessed a rapid enhancement in hardware manufacturing, as a result, several chipset manufacturers are planning to support AR technology by immensely investing in the technology.
  • The key industry participants include AU Optronics Corp., Cambridge Display Technology Ltd., LG Display Co., Mitsubishi Electric Corporation, Panasonic Corporation, Sony Corp., and Toshiba Corp. The players engage in frequent merger & acquisitions to increase their product portfolio and geographical presence to gain competitive advantage.

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Grand View Research Inc. has segmented the global augmented reality market on the basis of component, display, application, and region:

  Augmented Reality(AR) Component Outlook (Revenue, USD Million, 2014 – 2024)

  • Hardware
  • Software

  Augmented Reality(AR) Display Outlook (Revenue, USD Million, 2014 – 2024)

  • Head-Up Display (HUD)
  • Head Mounted Display (HMD)
  • Smart Glass

  Augmented Reality(AR) Application Outlook (Revenue, USD Million, 2014 – 2024)

  • Aerospace & defense
  • Medical
  • Gaming
  • Industrial
  • Automotive
  • E-commerce &Retail
  • Others

  Augmented Reality(AR) Regional Outlook (Revenue, USD Million, 2014 – 2024)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

View Press Release of this Report: http://www.grandviewresearch.com/press-release/global-augmented-reality-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Satellite Payload Market is Anticipated To Grow At A CAGR: 7.9% During Forecast Period

The global Satellite Payload Market is expected to reach USD 21.8 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 7.9%over the forecast period, owing to Increased government spending in space exploration activities is expected to boost the market growth over the forecast period.
us-satellite-payload-market

The growing popularity of communication and broadcasting services including pay TV and Over-The-Top (OTT) have led providers to develop advanced payload systems. Moreover, the increased penetration of payloads in the commercial sector is expected to propel the market demand.

The market is expected to witness significant growth as there has been a great rise in the ordering and manufacturing of vast constellations of satellites for earth observation and telecommunication. Incremental improvements in launch operations and vehicle design are enabling a reduction in time for the manufacturing of payloads. Moreover, the evolution of small satellites is leading to the production of smaller payloads to reduce launch costs.

The need for geospatial tracking and positioning in the commercial sector is expected to drive the demand for satellite payloads over the forecast period. The emergence of high throughput satellites has resulted in high data-rate satellite transmission capability, which in turn is creating new opportunities for enhanced applications such as military, navigation, and commercial.

Access Full Research Report on Satellite Payload Market: http://www.grandviewresearch.com/industry-analysis/satellite-payloads-market

Further key findings from the report suggest:

  • The remote sensing segment is expected to grow at a CAGR of over 8.0% over the forecast period as it is expected to emerge as a viable platform in the agriculture and mining sectors
  • The Low Earth Orbit (LEO) segment is expected to be the fastest-growing segment; this growth can be attributed to its increased demand in earth observation and imaging applications
  • The commercial segment is expected to grow at the fastest CAGR of over 9% from 2017 to 2025. Growing advancements including channelization, space-based inflatable reflector antenna, multi-beam antenna, and internet routers are expected to propel the demand for commercial satellite payloads.
  • The Asia Pacific satellite payload market is expected to account for a revenue share of over 30% by 2025, with the increase in the number of satellite launches and government spending in space research contributing to the regional demand
  • The key players in the industry include Airbus S.A.S., Harris Corporation, Lockheed Martin Corporation, Honeywell International Inc., and The Boeing Company

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Grand View Research has segmented the satellite payload market by orbit, application, end-use, and region.

Satellite Payload Orbit Outlook (Revenue, USD Billion; 2014 – 2025)

  • Low Earth Orbit (LEO)
  • Medium Earth Orbit (MEO)
  • Geostationary Earth Orbit (GEO)

Satellite Payload Application Outlook (Revenue, USD Billion; 2014 – 2025)

  • Communication & Navigation
  • Remote Sensing
  • Surveillance
  • Others

Satellite Payload End-Use Outlook (Revenue, USD Billion; 2014 – 2025)

  • Civil
  • Military
  • Commercial

Satellite Payload Regional Outlook (Revenue, USD Billion; 2014 – 2025)

  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-satellite-payloads-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com