Information Technology Industry Overview

The smart workplace market consists of sales of technologies, services and solutions by entities (organizations, sole traders, and partnerships) that connect and engages the employees with their workplace. Smart workplace uses technology and networking to enable people for working better, faster, and smarter and also helps in improving productivity and collaboration between people. The main types of products for the smart workplace market are smart light, security systems, energy management systems, heating, ventilation, and air conditioning (HVAC) control systems, and audio-video conferencing systems. Smart lights are a lighting technology in the smart workplaces that is connected to the internet and can be controlled remotely, through voice-assistants and are capable of making decisions and following schedules. Security systems are the security tools in the smart workplace which include alarm systems, door access hardware, video cameras, contact sensors and others to ensure safety in the workplace. Energy management systems are the systems that deliver and manage the energy requirements of the smart workplace. These systems reduce energy wastage and energy consumption and also optimize energy usage to reduce cost. HVAC control systems are the devices that control the operation of air conditioning, heating, and ventilation in a smart workplace, audio-video conferencing systems are used in the smart workplace to hold a video and audio call. The offices used in the smart workplace market are retrofit buildings and new construction offices. These solutions are used by software, services, and managed services. The global smart workplace market is expected to grow from $29.39 billion in 2020 to $33.55 billion in 2021 at a compound annual growth rate (CAGR) of 14.15%. The growth in the smart workplace market is mainly due to the emergence of smart cities and the increasing adoption of energy efficient solutions. The market is expected to reach $53.36 billion in 2025 at a CAGR of 12.31%. The increase in demand for smart equipment is expected to drive the smart workplace market in the forecast period. There is an increasing need for smart equipment in workplaces for data security, to make work easier, for an environmentally friendly workplace and for reducing energy costs. For instance, the smart lighting market is expected to increase twofold from $11.07 billion in 2020 to $22.57 billion by 2025. The increasing smart equipment demand would boost the smart workplace market forward. The launch of a new platform for developing a virtual representation of a physical environment is a key trend in the smart workplace market. In June 2020, Infogain, a USA-based company that is engaged in designing smart workplace solutions launched Azure Digital Twins that is a platform for developing a virtual representation of a physical environment. Azure digital twins uses the Azure IoT hub to connect the sensors and other IoT devices that keep everything up-to-date with the physical world. In September 2020, Securitas, an intelligent protective services company has announced the acquisition of STANLEY security electronic security businesses in five countries Germany, Portugal, Switzerland, Singapore, and India for an undisclosed amount. The acquisition aims to double Securitas security solutions and electronic security business and add significant electronic security expertise to deepen the capabilities in Switzerland and Portugal along with establishing the first electronic security presence in Singapore and India. STANLEY Security is a USA-based company that is engaged in providing a wide range of smart security systems and value-added services like video surveillance. Major players in the smart workplace market are Carrier, Honeywell, Johnson Controls, Daikin Industries, General Electric, Philips Lumileds, Acuity Brands, LG Electronics, OSRAM, RavenWindow, Schneider, Research Frontiers, NICE Systems, SAGE Electrochromics, Bosch Security Systems, Cisco Systems, Inc, Siemens AG, Kronos Incorporated, ATOSS Software AG, and Teem Technologies. North America is the largest region in the smart workplace market in 2020. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the smart workplace market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the smart workplace market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global smart workplace market is segmented - 1) By Product: Smart Lights, Security Systems, Energy Management Systems, HVAC Control Systems, Audio-Video Conferencing Systems 2) By Office Type: Retrofit Buildings, New Construction Offices 3) By Solution: Software, Services, Managed Services

The pipeline safety market consists of sales of pipelines by entities (organizations, sole traders, and partnerships) that provide software technology and solutions to protect and secure pipelines that carry energy products such as crude oil, natural gas, and other fuels. Integration of pipeline safety into pipelines allows monitoring and controlling the main network connectivity and also has various benefits such as reduction of liability, less insurance cost, and low administration cost. The main types of components for the pipeline safety market are solutions and services. Solutions include premier intrusion detection, secure communication, SCADA for pipeline, pipeline monitoring system, and industrial control system security. Premier intrusion detection is a network security technology which have fence mounted sensor to detect any form of intrusion from the perimeter and help in allowing critical time for security teams to respond to unauthorized intrusions. Secure connection is when two parties are communicating and not allowing the third party to listen to it. SCADA (supervisory control and data acquisition) for a pipeline is used to detect the error and for transferring the information and necessary data for the operation of the pipeline facility through communication networks. The pipeline monitoring system includes dashboards to visualize the metrics of the pipeline functionality, industrial control system security helps to strengthen cybersecurity. The services used in pipeline safety are professional and pipeline integrity management services. The services are used by natural gas, crude oil, refined products, and others. The global pipeline safety market is expected to grow from $7.02 billion in 2020 to $7.75 billion in 2021 at a compound annual growth rate (CAGR) of 10.37%. The growth in the pipeline safety market is mainly due to the network monitoring, increased spending for pipeline infrastructure by oil and gas companies, growing concerns over pipeline security, demand for leak detection, and the increase in the oil and gas leakage incidence/accidents. The market is expected to reach $11.62 billion in 2025 at a CAGR of 10.67%. The increase in demand for oil and gas leads to the development of pipeline infrastructure, which eventually drives the growth of the pipeline safety market. For instance, in January 2021, the Government of India announced the plan to spend $60 billion for establishing gas infrastructures such as pipelines, liquefied natural gas terminals, and city gas distribution networks. In 2020, the United States imported around 7.86 MMb/d of petroleum, which included 5.88 MMb/d of crude oil and 1.98 MMb/d of noncrude petroleum liquids and refined petroleum products. The rise in the usage of piped gas lines contributes to the demand for the pipeline safety market. The use of artificial intelligence (AI) for detecting issues in the pipeline is a key trend in the pipeline safety market. The technologies like artificial intelligence and leak detection software improve pipeline security and safety. In February 2019, Atomiton a California-based company that is engaged in developing internet of things (IoT) technology introduced an AI software that continuously inspects pipelines through multi-sensor data integration that allows modeling of vital equipment like valves. This AI software helps to detect the issues such as leaks, corrosion, freezing damage, or vandalism in pipelines more accurately. In December 2019, Honeywell, a USA-based company that is engaged in providing building technologies, gas detection solutions announced the acquisition of Rebellion Photonics for an undisclosed amount. This acquisition complements Honeywell strong process technologies and gas detection solutions and accelerates to transform into a software-industrial company. Rebellion Photonics a USA-based company that is engaged in providing spectral imaging solutions for oil and gas industry that help in real-time continuous gas leak imaging system. Major players in the pipeline safety market are BAE Systems, Siemens AG, Schneider Electric SE, Honeywell International Inc., General Electric, ABB Group, Huawei Technologies Co. Ltd., AVEVA, Senstar, Perma-Pipe, Future Fiber Technologies, Leater, Total Safety, TTK, Rockwell Automation Inc, Cisco Systems, HCL Technologies, and ESRI Inc. North America is the largest region in the pipeline safety market in 2020. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the pipeline safety market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the pipeline safety market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global pipeline safety market is segmented - 1) By Component: Solutions, Services 2) By End User: Natural Gas, Crude Oil, Refined Products, Others 3) By Application: Onshore, Offshore

The video surveillance as a service (VSaaS) market consists of sales of VSaaS services by entities (organizations, sole traders, and partnerships) that are engaged in providing cloud-based video surveillance services. Video surveillance as a Service, or VSaaS, is a cloud-based security system that allows users to access their Internet Protocol (IP) cameras from anywhere through any computer and have access surveillance video conveniently. The service typically includes video recording, storage, remote viewing, management alerts and others. The main types of video surveillance as a service (VSaaS) are IP-based and analog. IP-based surveillance cameras are a part of video management systems (VMS) that allow for live streaming, recording, and retrieval of video footage. These cameras can receive and send via data via the Internet and require a LAN-connection to transmit and process data. Analog based surveillance cameras records images to a digital recorder which converts the video to a digital format, which can be viewed on a monitor or router to be broadcasted through an internal network for remote access.The different types of services include managed, hybrid, hosted. It is implemented in various verticals such as industrial, residential, military and defense, institutional, public facilities, commercial, and others. The global video surveillance as a service (VSaaS) market is expected to grow from $2.38 billion in 2020 to $2.93 billion in 2021 at a compound annual growth rate (CAGR) of 22.97%. The growth in the video surveillance as a service (VSaaS) market is mainly due to the rise in demand for real-time surveillance data in urban areas. The market is expected to reach $5.96 billion in 2025 at a CAGR of 19.45%. The development of smart cities is expected to propel the growth of the video surveillance as a service (VSaaS) market in the coming years. A smart city employs information and communication technology (ICT) to boost operational performance, exchange data with the public, and enhance government service and resident protection. Governments all over the world have lofty goals for making communities smarter and better for people and travelers. Smart cities are implementing intelligent video monitoring to help emergency responders respond more quickly in real-time or to detect and handle possible accidents to minimize crime. For instance, in 2019, the Indian government has committed to creating 100 smart cities, and as part of the $14 billion plan, 99 cities have already been announced. Therefore, the development of smart cities drives the growth of the video surveillance as a service (VSaaS) market. The growing technological advancements are gaining popularity in the video surveillance as a service (VSaaS) market. Major companies operating in the VSaaS sector are focused on developing technological solutions for video surveillance as a service to enhance security management. For instance, in August 2019, Johnson Controls, a US-based video surveillance company introduced Tyco Cloud, a new cloud-based security platform designed to assist consumers in migrating expensive and complex security infrastructure for access control and video monitoring to the cloud. Tyco Cloud enables users to secure lives, assets, and facilities by managing access control, video monitoring, and other security operations through secure cloud services and connected devices including cloud cameras and controllers. Also, in 2020, US based data communications company, Motorola Solutions launched a new product in its video security and analytics portfolio, the H4 Thermal Elevated Temperature Detection (ETD) Solution, which can be used to detect elevated body temperature in a person and focus on the key elements of safety and security around COVID-19, including prevention, protection, and response. In March 2020, Motorola Solutions, a US-based data communication company acquired IndigoVision for $37.2 million. IndigoVision's access to Motorola Solutions' innovative technologies will open up new markets for the company, enabling it to offer an intriguing proposition to the public that will aid them in achieving its mission of providing defense, security, and business intelligence. IndigoVision is a UK-based provider of end-to-end video security solutions. Major players in the video surveillance as a service (VSaaS) market are ADT Security Services Inc., Axis Communications AB, Brivo Inc., Cisco, Honeywell International Inc, Genetec Inc., Camcloud Inc., CameraFTP Service, Cloudastructure Inc., Duranc Inc., Eagle Eye Networks Inc., IVIDEON Inc., Mobotix AG, Pacific Control Systems LLC, Timetec Cloud Sdn Bhd, Johnson Controls, Avigilon, Stanley Black & Decker Inc., Panasonic, Hikvision, IndigoVision Group plc., Verint Systems Inc., MIRASYS, and Ozvision. Asia Pacific was the largest region in the video surveillance as a service (VSaaS) market in 2020. The regions covered in the video surveillance as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the video surveillance as a service (VSaaS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global video surveillance as a service (VSaaS) market is segmented - 1) By Type: IP-Based, Analog 2) By Service: Managed, Hybrid, Hosted 3) By End User: Industrial, Residential, Military And Defense, Institutional, Public Facilities, Commercial, Others

The cognitive assessment and training market consists of sales of cognitive assessment and training solutions by entities (organizations, sole traders, and partnerships) that are engaged in providing cognitive assessment and training solutions to cater to various industries. A standardized examination that assesses a person's psychological functioning and speed of information processing is called cognitive assessment and preparation. These assessments aid in more effectively identifying and acting on human needs. The main types of components for the cognitive assessment and training market are solutions and services. Solutions in the market consist of offerings such as assessment, data management, data analysis, and reporting and cognitive training. Services in the market consist of services such as training and support or consulting by the providers. The components are used in small and medium-sized enterprises (SMEs), and large enterprises. These are used by healthcare and life sciences, education, corporate, and others. These are applied to clinical trials, learning, research, and others. The global cognitive assessment and training market is expected to grow from $3.13 billion in 2020 to $4.26 billion in 2021 at a compound annual growth rate (CAGR) of 36.01%. The growth in the cognitive assessment and training market is mainly due to the increasing demand for enhanced brain fitness and adoption of gamification for cognitive assessment. The market is expected to reach $12.14 billion in 2025 at a CAGR of 29.97%. Increased adoption of e-learning is expected to propel the growth of the cognitive assessment and training market during the forecast period. The delivery of learning and training through digital resources such as computers is known as eLearning. Assessment is an important aspect of the online classroom. A cognitive assessment offers a profile of an individual's academic abilities and challenges, as it provides a managed snapshot of their performance, thus helping to track progress in e-learning. There has been a significant increase in the adoption of e-learning, which in turn has increased the demand for cognitive testing. According to the e-learning statistics 2020 published by EdApp, a company that creates micro-learning-based learning management systems, the global e-learning industry grew by 200% at a value of $250 billion between 2017 and 2020. Moreover, the e-learning market is projected to reach over $300 billion by 2025. Therefore, increased adoption of e-learning drives the growth of the cognitive assessment and training market. Key players focusing on developing mobile applications and software equipped with the latest technologies such as artificial intelligence and the Internet of Things are shaping the cognitive assessment and training market. The companies are focusing on technological innovations and new product launches for better and enhanced results and product offerings to the market. For instance, in November 2019, Royal Philips, a health technology company, launched its first clinical product- IntelliSpace Cognition to assist cognitive assessment in the USA. IntelliSpace Cognition uses artificial intelligence (AI) and Philips' cloud-based health suite digital platform to provide healthcare practitioners a valuable tool for evaluating cognitive disability. Also, in 2019, UK based Cambridge Cognition launch of an improved electronic clinical outcomes assessment (eCOA) platform, which includes complex forms, alerting, interview recording and playback and can be rapidly configured for each new clinical trial, reducing turn-around from contract agreement to study deployment. In January 2020, Alpine Investors' portfolio firm, Riverside Insights, a US-based publisher of clinical and educational standardized tests acquired ImPACT Applications, Inc., for an undisclosed amount. Alpine continues its policy of catalyzing growth by partnering with complementary companies in the education and healthcare sectors. With the acquisition of ImPACT Applications, Riverside strengthens its offerings in the healthcare and education sector. ImPACT Applications, Inc. is a US-based provider of research-backed concussion assessments. The company provides FDA-cleared immediate post-concussion assessment and cognitive testing for ages 12-59 which involves processing speed, memory, and visual-motor abilities of the brain. Major players in the cognitive assessment and training market are Cambridge Cognition, Cogstate, Pearson, CogniFit, Lumosity, Posit Science Corp., Bracket Global, Neurocog Trials Inc., Total Brain, Medavante Inc., Signant Health, ProPhase LLC, CNS Vital Signs, LearningRX, Listen and Learn Centre, Philips, MedAvante-ProPhase, VeraSci, Oxford Learning, MeritTrac, Berke, Neurotrack, GL Assessment, Savonix, Winterlight Labs, Aural Analytics, Unmind, and Altoida Inc. North America was the largest region in the global cognitive assessment and training market in 2020. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the cognitive assessment and training market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the cognitive assessment and training market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global cognitive assessment and training market is segmented - 1) By Component: Solutions, Services 2) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises 3) By Vertical: Healthcare And Life Sciences, Education, Corporate, Others 4) By Application: Clinical Trials, Learning, Research, Others

The data center colocation market consists of sales of data center colocation services by entities (organizations, sole traders, or partnerships) that are engaged in providing colocation services for the businesses. Data center collocation is a method of renting actual office space, network or internet bandwidth, and other services from an existing data center to third parties to set up their own data center. The main types of data center colocations are retail colocations and wholesale colocations. The retail colocation is a space where the consumer takes the space for lease that is within the data center such as rack space within the rack of caged-off area. A wholesale colocation is where one where a single customer rented a facility owned by a third party. The different sizes of enterprises include large enterprise and small scale enterprise. It is implemented in various verticals such as BFSI, IT and telecom, government and defense, healthcare and others. The global data center colocation market is expected to grow from $39.05 billion in 2020 to $47.02 billion in 2021 at a compound annual growth rate (CAGR) of 20.4%. The growth int he data center colocation market is mainly due to growing demand for data center colocation owing to increase in costs of maintaining an in-house data center. The market is expected to reach $87.73 billion in 2025 at a CAGR of 16.9%. The high cost of an in-house data center is encouraging companies to adopt data center colocation services which in turn is propelling the demand for the data center colocation market. Colocation services result in significant cost savings as compared to managing an in-house data center. For instance, the average annual cost of operating a large data center ranges from $10 million to $25 million. With data center colocation services, companies can reduce their spending on managing and maintaining an in-house server, which in turn reduces the overall IT expenditure of the companies. Therefore, the high cost of an in-house data center is increasing the demand for the data center colocation market. The introduction of the underwater data center is shaping the data center colocation market. The underwater data center is designed to use renewable electricity from tides and waves. It occupies less land onshore and is capable of using the flowing seawater to efficiently cool the electronics. In January 2021, Beijing Highlander Digital Technology Co, a China-based marine electronic technology products firm, and Guangzhou Shipyard International Co, a China-based shipbuilding enterprise together introduced an underwater data center that involves the installation of internet facilities such as servers in airtight pressure vessels with the required cooling performance under the surface of the ocean. This underwater data center helps in reducing the amount of energy that is consumed and acts as a sustainable data center solution. In March 2020, Digital Realty, a US-based company that provides colocation and peering services acquired Interxion for $8.4 billion. The acquisition aims to meet the colocation demands and requirements that are needed for businesses. Interxion is a Netherland-based company that provides carrier and cloud-neutral colocation data center services. Major players in the data center colocation market are Digital Realty Trust Inc, CyrusOne Inc, Global Switch, Cyxtera Technologies, Equinix Inc, China Telecom Corp. Ltd., Verizon Communication Ltd, AT&T Inc, Rackspace, NTT Ltd., CoreSite Realty Corp., NaviSite, SunGuard Availability Services, Telecity Group, and DuPont Fabros Technology Inc. North America was the largest region in the data center colocation market in 2020. The regions covered in the data center colocation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the data center colocation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global data center colocation market is segmented - 1) By Type: Retail Colocation, Wholesale Colocation 2) By Enterprise Size: Large Enterprise, Small Scale Enterprise 3) By End-User: BFSI, IT And Telecom, Government And Defense, Healthcare, Others

The 5G in defense market consists of sales of 5G technology and services by entities (organizations, sole traders, and partnerships) that are engaged in providing 5G technology and services for military and homeland security uses. 5G for defense is expected to improve reconnaissance, intelligence, and surveillance systems and processing, streamline logistics systems for increased efficiency and enable new methods of control and command. 5G in defense is used to transfer video, text, image, and voice data with faster bandwidth of 300 GHz to create data on demand for the battlefield. The main types of communication infrastructure for 5G in defense are small cell, macro cell, radio access network (RAN). Small cell infrastructure uses wireless receivers and transmitters to provide network coverage to smaller areas. Macro cell provides radio coverage for cellular networks through large towers and antennas across a wider area. Radio Access Network (RAN) connects individual devices to other parts of a network through radio connections. The various network technology in 5G in defense include software-defined networking (SDN), fog computing (FC), mobile edge computing (MEC), network functions virtualization (NFV). The different types of network used comprises enhanced mobile broadband (eMBB), ultra-reliable low-latency communications (URLLC), and massive machine type communications (MMTC). 5G in defense are used in areas such as military and homeland security. The global 5G in defense market is expected to grow from $39.62 million in 2020 to $71.24 million in 2021 at a compound annual growth rate (CAGR) of 79.82%. The growth is mainly due to the high speed, low latency offered by 5G and growing adoption of autonomous and connected defense devices. The 5G in defense market is expected to reach $646.61 million in 2025 at a CAGR of 73.57%. The increasing use of autonomous systems and connected devices is expected to propel the growth of 5G in defense market during the forecast period. According to the Artificial Intelligence and National Security published by the Federation of American Scientists (FAS) in November 2020, the US Army intended to deploy a variety of robotic combat vehicles (RCVs) with various autonomous capabilities, such as navigation, surveillance, and IED removal. These devices would accompany the optionally manned fighting vehicle. The Navy has also established the rapid autonomy integration lab (RAIL) to design, evaluate, certify, and deploy new and upgraded autonomous systems. The 5G network is said to have increased the efficiency of autonomous systems by providing faster speeds and greater bandwidth. Therefore, a rise in the use of autonomous systems and connected devices attributing to their better and enhanced performance using the 5G network is expected to boost the growth of the 5G in defense market. The concern over data security acted as a restraint for the 5G in defense market in the historic period. The defense sector maintains confidential information and sharing that data with other devices could cause threats to national security. The defense sector would be unwilling to procure hardware and solutions from unreliable sources, where data security can be a concern. For instance, in 2019, the USA had banned the use of telecommunications equipment including 5G infrastructure from China based 5G provider, Huawei citing national security risk and an unacceptable risk to military personnel, information and mission. Major players operating in the industry are undertaking strategic collaborations for developing new technologies for the defense sector. Companies are focusing on developing technologies like 5G new radio (NR) and cellular vehicle-to-everything (C-V2X) technology, which has high demand in the 5G in defense market. For instance, in February 2021, Leonardo, an Italy-based company specializing in aerospace, defense, and security and O2, a UK-based telecommunications service provider announced a joint partnership to investigate the use of 5G private networks in defense and security market. Leonardo Scotland-based innovation and technology incubator center will work with O2 to highlight the benefits of 5G technology. O2 plans to offer a secure 5G private network as well as a variety of industry 4.0 applications for the evaluation. Moreover, the Norwegian military is experimenting with 5G technologies, including advanced and demonstration programs including the 5G-VINNI project, which integrates and tests modern and stable speech and data systems in the defense slice. Many of these initiatives are being carried out in partnership with commercial stakeholders and companies. In September 2020, Ericsson, a Sweden-based networking and telecommunications company acquired Cradlepoint, for an enterprise value of $1.1 billion. Cradlepoint became a wholly-owned company of Ericsson while maintaining its current name. Through this acquisition, the merged entity would be capable of increasing its 5G-enabled business offerings. Cradlepoint is a USA-based technology company that is engaged in developing cloud-managed wireless edge networking equipment. The company offers extended network access for military bases, disaster response and other agencies requiring highly secure and reliable access to mission-critical information and applications. Major players in the 5G in defense market are Ericsson, Huawei, Nokia Networks, Samsung, NEC, Thales Group, L3Harris Technologies Inc., Raytheon Technologies, Ligado Networks, Wind River Systems Inc., AT&T, and Qualcomm Technologies Inc. North America was the largest region in the 5G in defense market in 2020. Asia Pacific region is predicted to record fastest growth over the forecast period. The regions covered in the 5G in defense market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the 5G in defense market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global 5G in defense market is segmented - 1) By Communication Infrastructure: Small Cell, Macro Cell, Radio Access Network (RAN) 2) By Core Network Technology: Software-defined Networking (SDN), Fog Computing (FC), Mobile Edge Computing (MEC), Network Functions Virtualization (NFV) 3) By Network Type: Enhanced Mobile Broadband (eMBB), Ultra-Reliable Low-Latency Communications (URLLC), Massive Machine Type Communications (MMTC) 4) By End-Use: Military, Homeland Security

The blockchain AI market consists of sales of blockchain AI technology and related services by entities (organizations, sole traders and partnerships) that provide blockchain and AI technology. Blockchain is a decentralized network of computers that records and stores data to display a chronological series of events on a transparent and immutable ledger system. Artificial intelligence (AI) refers to the simulation of human intelligence in machines that are programmed so that machines can think like humans and mimic their actions. Blockchain AI convergence is inevitable because of both the technology with data and value. Blockchain enables secure storage and sharing of data whereas AI can analyze and generate insights from data to generate value. The main types of technologies used in blockchain AI are computer vision, machine learning (ML), and natural language processing (NLP). The blockchain AI is implemented in different verticals such as BFSI, telecom and IT, healthcare and life science, manufacturing, media and environment, automotive, and other sectors and is applied in smart contract, payment, data security, logistics and supply chain management, and business process optimization. The global blockchain AI market is expected to grow from $232.09 million in 2020 to $297.62 million in 2021 at a compound annual growth rate (CAGR) of 28.23%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $748.8 million in 2025 at a CAGR of 25.93%. The growing demand for accessing and managing data efficiently contributed to the growth of the blockchain AI market. Currently, most of the work has become digitalized and is mostly stored on the cloud, which is accessed and managed by blockchain AI. Blockchain AI convergence is inevitable because both the technology deal with data and value. Blockchain enables secure storage and sharing of data whereas AI can analyze and generate insights from data to generate value. For instance, Gainify is a healthcare platform that leverages AI, IoT devices, and blockchain and facilitates different tasks such as streamlining appointment scheduling, digital payments, identity verification, medical records management and others. It also allows monetization of anonymous clinical data through a crypto payment system. The benefits of the deployment of blockchain AI in the process increased its demand and thereby contributed to the growth. Growing investment in blockchain AI technology by enterprises is considered an emerging trend in the blockchain AI market. Artificial Intelligence refers to the machine that performs intelligent tasks performed by humans. Blockchain is a decentralized network of computers that records and stores data to display a chronological series of events on a transparent and immutable ledger system. The development of artificial intelligence applied to big data together with the security offered by blockchain technology creates the perfect combination for the management of large databases. Blockchain technology, in particular, has shown immense potential when coupled with machine learning functionality. According to a survey conducted by O'reilly in 2019, 85% of 1,388 organizations are using AI in production. Most companies that were experimenting with using AI are now going ahead and adopting it in their processes. Therefore, investing in blockchain technology by business enterprises plays a major role in the success of the businesses. In June 2020, NetObjex acquired VitalGrid for an undisclosed amount. The deal will expand NetObjex’s Digital Transformation product and service offerings. NetObjex is an Operating Platform for Digital Assets utilizing Artificial intelligence, Blockchain & IoT with applications in Manufacturing, Supply Chain, Transportation and Smart Cities. VitalGrid provides business technology and management consulting for improving performance, streamlining processes and reducing risk by delivering technology-enabled business innovation. Major players in the blockchain AI market are Cyware Labs, Core Scientific, Ai-Blockchain, AlphaNetworks, Bext360, BurstIQ, Neurochain Tech, Figure Technologies, NetObjex, Fetch.ai, Chainhaus, CoinGenius, and Computable. North America was the largest region in the blockchain AI market in 2020. Asia Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the global blockchain AI market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the blockchain AI market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global blockchain AI market is segmented - 1) By Technology: Computer Vision, Machine Learning (ML), Natural Language Processing (NLP), Others 2) By Vertical: BFSI, Telecom & IT, Healthcare And Life Science, Manufacturing, Media & Environment, Automotive, Others 3) By Application: Smart Contract, Payment, Data Security, Logistics And Supply Chain Management, Business Process Optimization, Others

The smartphone/tablet games market consists of sales of video games played on smartphones/tablets. The revenue for these companies is generated from the in-app-purchases, in-game advertisements (such as google AdSense, Ad-Mob, Media.net), sponsorships, and sales of merchandise. The market is segmented into various gaming genres such as shooting, action, sports, role-playing, adventure, racing, fighting, strategy, and others. The smartphone/tablet games market covered in the report is segmented by game type into shooter, action, sports games, role-playing, adventure, racing, fighting, strategy, others; by application: iOS user, android user; by device into smartphone, tablet. The global smart phone/tablet games market is expected to grow from $64.28 billion in 2020 to $68.34 billion in 2021 at a compound annual growth rate (CAGR) of 6.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The smartphone/tablet games market is expected to reach $116.72 billion in 2025 at a CAGR of 14%. Due to an increased emergence of affordable gaming smartphone/tablets in the market, the smartphones/tablet gaming industry is rapidly increasing. The new affordable gaming mobile/tablet devices are better than the previous generation devices in terms of cost and performance that makes the games run in better FRP (Frames per Second) providing an enhanced gaming experience. For example, many Chinese smartphones have entered into the market under $500 range which is offering technologically advanced gaming experience like Xiomi Mi 8 Pro ($469), Xiomi Mi 8 ($389), Xiomi Pocophone F1 ($319), Honor 9 ($320) and others. The major roadblock to this booming industry is the illegal downloads and pirated versions of the games, thereby causing serious concerns for the original developers of the game. The revenue loss is significantly high due to illegal downloads, as people never pay the original developers of the game. For example, Subway Surfers, one of the most popular games may have lost close to $91 million due to pirated versions. Augmented Reality (AG) and Virtual Reality (VR) are the two new technologies that are positively impacting the smartphone/tablet games market. Both technologies offer exciting gaming experiences to users. Augmented reality gaming combines visual and audio content with the user's current environment in real time, thereby making them enjoy the unique gaming experience. Whereas Virtual reality games apply a three-dimensional (3D) artificial environment to the computer games. These two technologies have been appreciated by the gaming community, proven by the rise in AR and VR based games downloads. For example, Pokemon Go, an AR game has been downloaded more than 800 million times, making it the most downloaded game. Niantic Labs, developer of the Pokemon Go game announced their intention to create an augmented reality map of public spaces using the help of players and startup Escher Reality. The company has also raised $225 million in the funding round and is now focused on developing more AR based games. Due to the rising concerns from parents about their children being exposed to inappropriate content on video and games, regulatory bodies in the UK have come up with age restriction policies. Pan European Game Information (PEGI) is a statutory European video game content rating system in Europe. The gaming industry is bound to comply with new European privacy rules such as the General Data Protection Regulation (GDPR). This regulation would allow the users to gain more knowledge on the type of information collected while playing online, or while purchasing products and services. China’s gaming industry is now being regulated by the Central Propaganda Department. The department has curbed the entry of new foreign gaming publishers into China. It can now only be done through prior permission. In July 2018, Niantic has completed the acquisition of LA-based game studio, Seismic Games, for an undisclosed amount. This acquisition would help Niantic in a transition to build all-new Augmented Reality (AR) games with real-world experiences. Seismic Games is involved in developing social games. It created the famous game RPG Marvel: Strikeforce. The company was established in 2011 and is headquartered in Los Angeles, California. Major players in the smartphone/tablet games market are Tencent Hold, Sony, Electronic Arts, Nintendo and Netmarble. The regions covered in the smartphone/tablet games market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the smartphone/tablet games market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global smart phone/tablet games market is segmented - 1) By Game Type: Shooter, Action, Sports Games, Role-Playing, Adventure, Racing, Fighting, Strategy, Others 2) By Application: iOS User, Android User 3) By Device: Smartphone, Tablet