What types of cyber threats are seen across endpoints? What technologies are used? How does the current competitive landscape look? What is the revenue share of the top participants? What are the key growth opportunities in the Indian endpoint security industry? Find out in this research.
With various influencing factors in the landscape, the demand for data storage and managed hosting services is expected to grow exponentially across the ASEAN region. Analyze the impact of COVID-19, the growth drivers, emerging opportunities for stakeholders, business models, and much more.
This ecosystem is poised for significant growth as COVID-19 forces companies to fast-track their IoT implementation plans, and managed services can help them achieve their goals cost-effectively. Explore the top strategic imperatives, challenges, and robust opportunities for providers.
Growth is becoming increasingly difficult to achieve. Today, and for the foreseeable future, companies will battle with strategic imperatives that are putting increasing pressures on the growth they so desperately need. Frost & Sullivan has identified eight strategic imperatives that your team must fully embrace to understand the complexity of critical decisions: Innovative Business Models, Industry Convergence, Disruptive Technologies, Geopolitical Chaos, Competitive Intensity, Internal Challenges, Transformative Mega Trends, and Compression of Customer Value Chain.
Each imperative individually represents an uphill climb, but when combined, represent a relative Mount Everest that must be navigated to reach a growth summit. Here are four best practices to drive your growth pipeline during the current COVID-19 climate.
Best Practice #1: Know Your Numbers (facts)
COVID-19 has significantly impacted the growth environment in virtually every market. For some, those numbers are a positive net effect (albeit unwelcomed growth), provisioned by the accelerated uptake in technologies such as video collaboration. That market, for example, was growing at a CAGR of 17.2% prior to COVID-19. It has now accelerated to 24.6%. But not all markets have reacted this way. The average market price in the energy industry changed dramatically through the first 150 days of the pandemic, dropping -38.5%. Thus, with this shift, you have to refocus, revisit your original plans, and reinvest into optimal areas of growth. There is no doubt we are seeing fundamental profit pools shifting across respective value chains, and your organization will survive and thrive based on knowing your “new†numbers.
Schedule a consultation with an industry expert at no charge by contacting us at myfrost@frost.com. We are taking unprecedented action to make our team available to help you cut through the media and politics to get factual one-to-one guidance for the issues and opportunities that matter most to your business.
Frost Radar—CX Outsourcing Services Market in Latin America, 2020
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Growth of the Global Data Center Infrastructure Solutions (DCIS) Sector
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5G Powering Growth in the FTTx Optical Access Infrastructure Sector
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Opportunities Enhancing European Customer Experience with AI
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Novel Growth Avenues in the North American Knowledge Management (KM) Sector for Customer Care
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Strategic Insights of Top Carrier Profiles in the Asia-Pacific Telecoms Industry Reveal Growth Potential
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Potential Growth Prospects and Disruptive Innovations in the Global Secure SD-WAN Industry
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AI-powered Chatbots Boosting the Growth of the European CX Management Sector
Read more Request InfoA multi-cloud environment is the usage
of various cloud models, including public cloud
(hyper-scalers and regional), private cloud
(hosted and on-premise), and bare metal
(co-location and on-premise), leveraging the
advantages of each cloud model and enabling
data and application exchanges between them.
Usage of more than one public cloud through a
single platform is also a multi-cloud
environment.
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The year 2020 was a perfect example of
a cloud with a silver lining. Almost overnight,
digital transformation went from an abstract
vision and the sole responsibility of IT
departments to an immediate priority that is a
shared concern across the entire organization.
With business continuity threatened by drastic
changes in work modes across industries, cloud
services provided a lifeline to
physically-distanced employees and customers.
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The democratization of technology, as
a consequence of the digital revolution, has
made it possible for businesses, both large and
small, to have access to a wide range of
technological services and solutions. The rise
in the software-as-a-service (SaaS) delivery
model ensured that tools such as artificial
intelligence (AI), big data analytics, and
cloud computing, despite being deemed expensive
to own, have permeated the mainstream
industrial environments with ease.
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Frost & Sullivan’s recent analysis, Digitization and Cloud Migration Transforming Asia-Pacific Contact Center Applications Market, Forecast to 2026, finds that COVID-19 has accelerated the rate of migration from on-premise solutions to cloud-based services, given the need to provide outstanding customer experience (CX) remotely. Although the region is a price-sensitive market, the mature markets of Australia, New Zealand, Japan, Singapore, Hong Kong, South Korea, and Taiwan are ready to invest significantly to deploy cloud-based, sophisticated applications.
Frost & Sullivan’s recent analysis, Mega Trends in Asia-Pacific to Drive the 5G Enterprise Market, 2019–2024, finds that Mega Trends across the government and public sector, healthcare, manufacturing, and telecommunications are posing new challenges to end-users in vertical industries in the region. These changes are pushing enterprises to transform and enable new use cases that are critical in supporting and optimizing enterprise business processes to improve business efficiency.
Frost & Sullivan’s recent analysis, IoT and Hi-speed Communication Powering the Global Electronic Test and Measurement Market, 2020, forecasts that the advancement of 5G and the implementation of Internet of Things (IoT) technology will help the market reach $18.94 billion by 2025, despite a slight decline of 0.7% due to COVID-19. Driven by digital transformation, IoT, Industry 4.0, and other Mega Trends, the use of connected electronic devices is expected to grow regardless of vertical, as will the demand for electronic test and measurement equipment.
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