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17 Jan 2020  |  Asia Pacific  |  Market Research

Asia-Pacific Machine Tool Market, Forecast to 2023

Manufacturing Industries Shifting Toward Low-cost Production, Coupled with Globalization of Markets, is Propelling the Consumption of Machine Tools in Asia-Pacific

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Growing per-capita income of middle-class consumers has led to a rise in spending on goods. To meet the demand and grab the opportunity in the Asian market, manufacturing industries are investing in new production plants and machines. Additionally, low-cost manufacturing competitiveness such as lower labor costs, young populations, and low cost of ...

In 2018, the retail IoT market in Asia-Pacific generated a revenue of $1.72 billion, and it is anticipated to grow at a compound annual growth rate of 24.8Percentage from 2018 to 2025 to reach $10.00 billion in 2025. This growth insight discusses market size in terms of spending across key application areas such as WiFi-based analytics, video and o...

The Asia-Pacific region is a preferred offshore destination for the contact center outsourcing market. The industry is expected to flourish in Asia-Pacific despite a volatile global outlook and currency fluctuations. Key drivers include low labor costs, large talent pools, domestic market growth, supportive infrastructure, fluent English and local ...

A new generation of private 5G networks is emerging to address critical wireless communication requirements. A private 5G network can be defined as a cordless and seamless local area network that makes use of 5G technologies to build a network with dedicated bandwidth and infrastructure. This will help support enterprise connectivity needs. New di...

29 Jan 2020  |  Asia Pacific  |  Market Research

APAC Privileged Access Management (PAM) Solutions Market, Forecast to 2023

Regulatory Needs Drive Overall Market Growth in Asia-Pacific and China

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Privileged Access Management (PAM) has been gaining strong traction in the Asia-Pacific (APAC) region due to the growing stringency of regulations governing regulated industries such as banking, financial services, and insurance (BFSI), government, and service providers. PAM plays a key role in cyber security today. With data privacy and personal d...

Digital payments technology adoption in Asia-Pacific remains in a nascent stage, and unlike digital payment methods used by consumers in which streamlined checkout processes accept instant payment using credit cards, the bulk of B2B payments is still tied to paper checks and manual processes. The future of digital payments is driven by applicatio...

The Asia Pacific contact center applications market generated a revenue growth of 5.4Percentage, with market revenue of $670.8 million in 2018. The market is expected to grow at a CAGR of 3.2Percentage from 2018 to 2025. An increasing number of organizations in the region recognize customer experience (CX) as key to customer life cycle value enhan...

While most companies in the Asia-Pacific region are expected to explore the Contact Center as a Service (CCaaS) model, many of them would look for ways to increase the returns on their investment from their existing infrastructures. These companies are likely to adopt hybrid solutions, as established system vendors start offering more deployment op...

25 Nov 2020  |  Asia Pacific  |  Market Research

Asia-Pacific Distributed Denial-of-Service Protection Solutions Market, Forecast to 2024

Rising Number of DDoS Attacks Spur Growth for Protective Solutions

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Key Issues Addressed

The Asia-Pacific distributed denial-of-service (DDoS) solutions market grew with double-digit growth for both on-premise and cloud-based segments. The market will primarily be driven by the relentless growth of DDoS attacks throughout the region. In addition to acts committed for financial gain, simmering geopolitical tensions have prompted state-s...