In conjunction with the development in the robotic vision systems and sensing, requirements for better production quality in the industrial manufacturing procedures and focus towards eliminating human errors in these operations have in turn led to significant growth of the inspection robotics market.

Some of the major applications of these systems include inspection of water pipelines, high voltage transmission lines, bridges, and dams.

Superior quality output and high ROI fueling growth of the global inspection robotics market during the forecast period

Better production quality assessment in industry critical applications, specifically that including aerospace and oil & gas exploration form the basis of their applications.

Moreover, high return on investment (ROI), owing to reduction in manual workforce expenses, 24-hour working capacities, less residual waste generation, and minimal human intervention requirement will provide considerable growth opportunities for the global inspections robotics market.

Global Inspection Robotics Market Taxonomy

The key factor responsible for the growth of quantum cryptography market is increasing incidents of cyber-attacks globally.

Banking and finance is the major sector prone to cyber-attack.

Quantum Cryptography is used for protecting private information of data or cash related to their customers.

This confidential data is highly susceptible to cyber-threats.

The data stored on cloud or on-premises is vulnerable to cyber-attacks by various software such as Trojan horses and viruses, which consequently increases the requirement of quantum cryptography solutions.

However, low customer awareness about quantum cryptography is one of the key restraining factors in the global quantum cryptography market.

Field survey management market refers to the businesses generated through data collection for gaining insights on different market aspects such as brand management, concept testing, consumer needs, retention, satisfaction surveys, pricing surveys, and service quality.

Requirement to gain proper insights on the consumer or business behavior in a specific geographic location to provide competitive edge to companies outsourcing these services is expected to be the prominent factor influencing the growth of the field survey management market.

Utilizing different data methodologies to target specific consumer or business segments to enable better business insights is expected to propel the growth of field survey management market

Businesses outsource these research operations to reduce the additional efforts and capital required for manpower and the tools for data collection that includes the online websites, computer assisted interviews, etc.

Moreover, industry players provide services that include data collection methodologies such as online, mobile, computer assisted personal interviews, computer assisted telephone interviews, and post/ mail, which help companies to gain useful insights on the targeted consumer or business segments.

Due to these factors, businesses are offering services in BFSI, retail, ecommerce, telecommunication, consumer goods, and government agencies.

This process is usually used for damage caused by natural disasters.

Land restoration helps to enhance the ecosystem services, repair a damaged land, and create a safe habitat for humans, plants, and wildlife.

The advantages of this process includes improving the tree cover, reducing long-term maintenance costs, and protecting and restoring natural area & native biodiversity.

Increasing demand for repairing the eco-system by preventing and controlling pollution is one of the major factors driving the market growth:

Increasing demand to monitor and manage land use in urban areas is the major factor expected to boost global land restoration market growth.

For instance, according to the Pakistan Environment Protection Act of 1997, regulatory framework for climate change related mandates from responsible agencies such as the Ministry of Environment.

Electric bicycles are the largest selling electric vehicles in the world and are estimated to cross 36 million mark by 2025.

Reduction in weights aided by integration of Li-ion batteries, low cost, wide availability, and minimal environment impacts are expected to be the major factors fueling growth of the industry over the forecast period.

Increasing urbanization and concerns regarding the environmental impacts of motor vehicles across the global economies are expected to further augment growth of market.

According to Union of Concerned Scientist, one fifth of the U.S. emissions responsible for global warming are generated due to trucks and cars.

These initiatives are expected to provide potential growth opportunities for the electric bicycles market throughout the forecast period.

On the basis of battery Type, the global electric bicycles market is segmented into:

This in turn, is expected to propel growth of the global next generation memory market.

CBRAM is a form of resistive RAM, which takes around 50 to 100 times less time to perform read and write operation as compared to NOR flash.

In 2015, Hewlett-Packard and SanDisk had announced an agreement to jointly develop ‘Storage Class Memory’ (SCM) resistive RAM that could replace DRAM and would be 1,000 times faster than NAND flash.

Artificial intelligence (AI) is group of methodology that focuses on formation of intelligent machines with the help of human intelligence such as visual perception, speech recognition, decision-making, and translation between languages.

High performance applications of artificial intelligence have increased the demand for high-bandwidth low potential data accesses through processors, storage, and IOs.

According to a press release, on September 2017, Intel introduced its new self-learning chip, which is able to make faster decisions from large unstructured data set.

For example, Intrusion Detection System is a mode of security software that can automatically detect if someone is trying to hack confidential information through malicious activities or security policy violations, further alerting the user about the attempt to intrude data.

Similarly, cryptography is a method of analyzing and transmitting data in a particular form that shares the data only with an intended user.

Rampant advancements in technology and increasing use of 2G, 3G, and 4G Long-Term Evolution (LTE) wireless networks, along with the introduction of 5G mobile networks, are major factors driving growth of the global market for artificial intelligence based security.

For instance, according to the Internet Crime Complaint Center (IC3), in 2016, cybercrimes resulted in losses of over US$1.33 billion, globally.

For instance, in 2015, Government of India launched ‘100 Smart Cities Mission’.

The banking and finance sector is witnessing significant changes due to adoption of IT solutions for improvement of banking services.

Telecom Order Management is a solution that automates and streamlines order processing for telecom service providers.

The major advantages provided by the telecom order management is that it help in cutting down the cost associated with the operations for companies, as order management processes account for a sizeable proportion of operating costs of companies.

Hence, effective order management help in reducing the customer attrition.

Increasing demand for streamlining business process for managing the stiff competition is one of major factor driving growth of the market

The telecom sector is highly competitive.

Order management helps in streamlining the business process of telecom sector by reducing the IT cost, enhancing the security, and eliminating the human error.

Requirement of elimination of hazards from every individual building procedures, from selection of lands, concrete & aggregates, cements, bituminous materials, steel, masonry, steel to the mission critical testing of pavements and roads.

Requirement for compliance with the national and state directives and regulations regarding the infrastructure will further propel the global construction material testing equipment market growth during the forecast period

Most residents are unaware of the standards required for the residential and commercial buildings.

Regulations also cover the different infrastructure categories that include utilities, industries, telecommunication, transport, and others.

For instance, Australasian Procurement and Construction Council in Australia, Environmental Protection Agency and national Association of Home Builders in U.S., and Construction Products Regulation by European Council in EU are few among the many regional bodies that are responsible for the building standards.

Global Construction Material Testing Equipment Market Taxonomy

Machine-to-machine (M2M) technology refers to any technology that enables direct communication between network devices with the help of wired and wireless communication channel by exchanging information, interpreting data, and making decisions individually without human assistance.

Machine to machine connections are usually used in warehouse management, supply chain management, and remote monitoring.

Hence, it is very important for warehouse and retail sector.

Moreover, advancement in technologies and increasing adoption of 2G, 3G, and 4G Long-Term Evolution (LTE) cellular networks are favorable for global M2M market growth.

Mobile, other connected devices including wearables, and social media are key factors responsible for the evolution of machine to machine connections and have also accelerated overall growth of the market.

For instance, according to Coherent Market Insights’ analysis, in 2016, over 68% of global population was already using mobile phones and the count of M2M connections were around 192 million in 2014 as compared to over 70 million in 2010.

The benefits associated with cloud analytics such as increasing accessibility, highly affordability, and data consolidation helps create a real-time mode for efficient data management.

Additionally, high adoption of cloud services also increases the cloud analytics market, globally.

According to the Coherent Market Insights analysis, in 2015, the cloud traffic was 1891 EB (Exabyte) and is estimated to reach 6844EB (Exabyte) by 2020.

This helps companies to understand the insights regarding customer experience, product description and many more that will help them in gaining the competitive advantage.

According to International Data Group reveals that unstructured data is growing at the rate of 62 percent per year, and that by 2022, 93 percent of all data will be unstructured.

Thus, as amount of unstructured data increases, it will positively impact on increasing the demand of cloud based data storage and cloud analytics tools.

The workspace as a service is a type of desktop virtualization, which provides remote access service to the end users for various application and data form any device.

Increasing trend of Bring Your Own Devices (BYOD) is of the major factor fueling growth of the market.

Advantages such as employee satisfaction and retention, increased productivity and innovation, and cost saving have accelerated the demand for BYOD trend in various organizations.

Furthermore, cost saving is the major factor fueling trend of BYOD in various organization, as employees utilize their own device and data, which reduced the organization IT maintenance and purchasing expenses.

Workspace as a Service Market Taxonomy

On the basis of component, the workspace as a service market is segmented into:

Emergence of autonomous vehicles is supporting growth of the market

The key factor responsible for the growth of the global remote vehicle diagnostics market is advent of autonomous vehicle.

In electric vehicles this solution is responsible for monitoring working status of the vehicle, control, and providing overall status of the vehicle, which includes status of battery and remote vehicle operations such as door locking and HVAC, by sending updates via email or SMS to the owner.

For instance, according to IHS Markit, an automotive database provider, the global autonomous vehicles sales is expected to cross over 600,000 units in 2025 increasing at a CAGR of 43% between 2025 and 2035.

Remote Vehicle Diagnostics Market Taxonomy

On the basis of vehicle type, the global remote vehicle diagnostics market is segmented into:

Passive harmonic mitigation systems or devices are used for power factor correction and have several advantages such as low power losses, better system performances, and better power efficiency, in addition to low cost over active filters.

These tuned passive harmonic filters have applications in various end-use industries including food, pulp & paper, refining, exploration, pharmaceuticals, large commercial spaces, electronic industries, and automotive, among others, and this is expected to present considerable growth prospects over the coming years.

Increasing dependence on electric power source is expected to propel growth of the tuned passive harmonic filters market

According U.S. Energy Information Administration’s International Energy Outlook 2016, global industrial consumption of electrical energy as a power source is expected to grow from 31.9 quadrillion British Thermal Units (Btu) in 2012 to 40.0 Btu in 2025.

Furthermore, increasing utilization of renewable energy sources for electricity generation is among the prominent trends gaining traction, in order to reduce environmental impacts, which is expected to fuel demand for tuned passive harmonic filters over the forecast period.

However, active harmonic filters (AHF) require relatively higher initial capital, and therefore are the last options for power quality correction solutions.

A workplace transformation is the spaces, which helps to accommodate different kinds of work, workers, and technology.

A workplace transformation offers various benefits to organization such as increasing competitive advantage, lowering the costs, increasing the productivity, and enhancing the collaboration.

Increasing adoption of new technology and change in work culture of the enterprises are the key factors driving growth of the workplace transformation market

Increasing adoption of cloud computing, Artificial Intelligence, and automation are helping organizations to increase their productivity and enterprises mobility, which provides immense opportunities for growth of the workplace transformation market worldwide.

Integration of Bring Your Own Device (BYOD) system in various organizations is major factor driving growth of the market in corporate segments, as it is more cost-effective.

BYOD saves on an average US$ 350 per year, per employee.

These insights help analyse customer sentiments for marketing and customer service activities.

This large volume of data helps the sales and marketing department to evaluate impact of marketing campaigns, which in turn improve their business decisions, customer experience, and customer satisfaction.

Increasing focus on attaining competitive intelligence by the enterprise is one of major driving factor for growth of the market.

The dynamic fluctuations in economic variables such as consumer sentiment, strong economic growth, increasing disposable income, and others are encouraging the enterprises to adopt competitive intelligence assessment to gain a strong foothold in the market.

Implementing social media content in competitive intelligence framework results into numerous business benefits such as improved decision making and operational excellency.

Social Media Analytics Market: Taxonomy