Friday, April 26, 2019

Rise in Adoption of Fleet Management Analytics, Followed by Optimization Product Lifecycle Management to Drive the Global Dealer Management Market over the Forecast Period: Ken Research

Dealer management is an arrangement in which packaged management information system created especially for automotive industry to centralized function to collect customer & vehicle inventory information. It covers pre-sales, workflow automation vehicle sales, customer relationship management and financial accounting information. It is extensively used term in the automotive industry with a little complex in flexibility and developed with integrated components. This system act as extent of functionalities ranging from multi-channel sales, daily dashboard, inventory management, leads management & scoring, contact management, business page, listing alerts, networking with other dealers, inventory funding & loans, invoices & quotes, marketing and much more. Some of the other associated benefits include efficient & accessibility, easy to lock out a sale or service person, more secure, allows to create fix order that add in parts & labor, high flexibility, highly configurable in this regard to insurance & finance.

Some of the other salient features of DMS include single point entry, compatible, easier generation of reports, comprehensive business intelligence, empowering dealers, on screen help, enhancing business transparency, covering entire service warranty processing chain, control over inventory and making business more secure etc.

According to study, “Global Dealer Management Market Size study, by Application (Transport & Logistics, Fleet Management Subscription Devices, Construction, Oil & Gas, Mining, Agriculture, Marine, Motor Sports), by Deployment Mode (On-premises, Cloud) and Regional Forecasts 2018-2025” some of the major companies that are currently working in the global dealer management market are IBM Corporation, Adam Systems, Ideal Computer Systems, Cox Automotive, CA, Internet Brands, SAP SE, Apicor, BiT Dealership Software Inc., Wipro, Routeone, Blue Skies Business Solutions Inc., Dealertrack, Inc., CDK Global, LLC, Elva DMS, Gemini Computer Systems Ltd, Excellon Software Pvt. Ltd., PBS Systems, Inc, Irium Software, Quorum Information Technologies, Velosio, The Reynolds and Reynolds Company, XAPT Corporation. Manufacturers organize these systems to improve dealer operations, inventory management, and customer retention along with a distant help desk.

Based on modules, global dealer management market is segmented into dealer locator, easy feedback, account status, B2B online orders, sub dealer voice, ads for sub dealers, logistics planning system, ticket management system and online documents catalog. Based on exploitation type, market is segmented into cloud exploitation and on-premises exploitation. Moreover, based on use, market is segmented into fleet management subscription devices, oil & gas, transport & logistic, construction, marine, mining, motor sports and agriculture.

The global dealer management is driven by rise in adoption of fleet management analytics, followed by optimization of product lifecycle management, increasing utility in automotive & transportation sector and increasing demand & adoption of cloud-based deployment. However, the major limiting factor of market includes the lack of availability of skilled professional.

Globally, Asia Pacific is significant region in terms of market share on account of increasing number of automotive businesses especially in India, China and Southeast Asia regions. North American region is expected to register a higher growth rate due to United States further still playing an essential role in growth of dealership management. In the upcoming years, it is expected that the global dealer management market to grow rapidly owing to increase in adoption of clod based deployment.

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Thursday, April 25, 2019

Increasing Demand For (Internet of Things) IOT For Public Safety In Middle East And Africa Market Outlook: Ken Research

In the recent trend, with the growing urbanization the crime rates has grown majorly in the metropolitan cities. So to lower the crime rates and decreasing the occurrence of fraudulent, many cities are attempting to harness the power of the Internet of Things to combat the criminals. Moreover, to enhancing the manner of police recognize and then respond to crime, Internet of Things solutions can also stop illegal performances from occurring in the first place. Furthermore, there are several key players in this market for playing an important role while improving the application of the Internet of Things and decreasing the threats and helping in make the informed decisions related to the public safety which further proved to be benefitted for leading the fastest market growth and attaining the high value of market share in the Middle East and Africa region in the coming years more significantly.


According to the report analysis, Middle East and Africa IoT for Public Safety Market Industry Trends and Forecast to 2026’ states that there are several key players which are recently functioning in this market more enormously for leading the fastest market growth and dominating the high value of market share in the Middle East and Africa while employing the skilled staff for the public safety, developing the specification of technology for maintaining and warehousing the huge unstructured data more effectively and several other includes Hitachi Vantara Corporation, Microsoft, IBM, NEC Corporation, Through Tek Co., Ltd, Iskratel, Securens, Smart Cone Technologies Inc., KOVA Corporation, ESRI, Cradlepoint, Inc., ENDEAVOUR TECHNOLOGY, X-Systems, West Corporation, Carbyne, Star Controls, Inc., Cisco Systems, Inc., Sierra Wireless, Telit, Nokia and several others. Moreover, many of the large enterprises in this market are winding up with the small enterprises for increasing the amount of profit and lead the market growth more positively in the short span of time more actively.

Middle East and Africa IOT (Internet of Things) for public safety market is estimated to reach a CAGR of 12.6% in the forecast period of 2019 to 2026. In addition, the market of IOT for public safety in the Middle East and Africa is segmented into different sectors which majorly involves application, region, end user and component. Whereas, based on the component, the market is sub-divided into Solutions, Platform and Service meanwhile, solutions segment is increasing more positively at the highest CAGR due to increased aim of regulatory authority in pertaining IoT public safety solutions in verticals such as manufacturing, smart city, connected medicals and others. Although, on the basis of end user, the market is split into Industrial IoT, Connected Healthcare, Smart Transportation, Smart Utilities, Smart Building and Home Automation, Homeland Security and several others. However, the smart building and home automation segment is rising more significantly at the highest CAGR owing to significant rise in the adoption of advance safety IoT technologies in verticals such as manufacturing, oil& gas and others. Therefore, in the near future, it is expected that the market of Internet of Things (IoT) for public safety will increase in the Middle East and Africa more positively over the forecasted period.

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Vietnam Facility Management Market will be driven by End Users (Commercial, Industrial and Hospitality) coupled with Rising Demand of Integrated Facility Management: Ken Research


"As cost management and quality continue to be key concerns for many businesses in the region, IFM service providers have been striving to offer service standardization as well as significant cost, energy, and operational efficiencies for end users”.

The report titled Vietnam Facility Management Market Outlook to 2023 - By Single, Bundled and Integrated Services; By Soft Services (Housekeeping, Security, Landscaping and Others) and Hard Services (Electromechanical Services, Operations and Maintenance Services, Fire Safety and Security Systems), By End User Sectors (Commercial, Industrial, Hospitality, Residential, Infrastructure and Others)” by Ken Research suggested that the facility management market in Vietnam has been growing due to rapid urbanization, growing  awareness amongst the end users of the benefits of such service and adoption of technology to improve the quality of services. The market is expected to register a positive CAGR of 6.0% in terms of revenue during the forecast period 2018-2023E.

Higher inflow of Foreign Direct Investment: The number of projects attracting FDI has grown at a CAGR of 8.8% during the period 2013-2018. The manufacturing and processing industry is set to receive the largest amount of investment (77.7% of total FDI inflow), followed by real estate (7.2%) and professional activities, science and technology (3.5%). Hong Kong was the biggest source of FDI pledges in the first three months of 2019 (47%of total FDI inflow), followed by Singapore (13.0%) and South Korea (12.0%). This will not only increase production in the economy but will also give rise to more employment, thereby raising the standard of living and affordability of facility management services.

Dependence on In-house Personnel: In-house Personnel has contributed above 50% in facility management industry revenue in 2018 due to lack of strong domestic players and major companies of the Facility Management industry in Vietnam rely on In-house personnel to cater to the diverse needs of the clients. However, there has been an increasing trend to outsource personnel across commercial, residential, industrial and infrastructure sectors due to increased scale of operations.

The Commercial sector is the highest seeker of FM Services: Commercial sector contributed the highest revenue share of over 35% to the overall facility management industry in Vietnam in 2018. The commercial sector has a major share in the country’s GDP. The growth of office spaces can be justified by population growth, rapid urbanization, declining unemployment rates and lower interest rates. In addition to this, commercial spaces are highly potent to demand integrated facility management services.

Rising Demand of Integrated Facility Management (IFM) Services: The primary challenge faced by the facility management industry in Vietnam is the lack of awareness of Integrated Facility Management Services (IFM) and the benefits that it offers resulting in the low penetration in the market. However, the trend is changing and clients are becoming more inclined towards IFM services as they are cost efficient and improve operational efficiency. In future, it is anticipated that IFM services will contribute ~12.0% share in generating revenues for the facility management industry by 2023E.

Key Segments Covered:-
By Soft Services and Hard Services
Soft Services
Cleaning services
Security Services
Others

Hard Services
Electromechanical Services (including HVAC)
Operational and Maintenance Services
Fire Safety and Security Systems

By Type of Services:-
Single Services
Bundled Services
Integrated Facility Services

By End User Sectors:-
Commercial Sector
Residential Sector
Retail Sector
Industrial Sector
Infrastructure And Others

Key Target Audience:-
Facility Management Companies
Real Estate Construction Companies
Foreign investors

Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2018-2023E

Companies Covered:-
JLL
CBRE
RCR Resolve FM Vietnam
Sodexo
Aden
Atalian
Savills
Aeon Delight
PMC
P. Dussmann Co. Ltd.

Keywords:-
Vietnam Facility Management Market
Facility Management Industry In Vietnam
Vietnam Soft Services Market
Vietnam Hard Services Market
Vietnam Electromechanical Services
Facility Management Industry Asia
Vietnam Fire Safety and Security Systems
Residential Facility Services Vietnam
Commercial Facility Services Vietnam
Vietnam Infrastructural Projects
Vietnam Residential Projects
Vietnam Commercial Projects
Vietnam Integrated Facility Market
Savills Facility Management Market

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Rising Necessity to Manage Computer Database Coupled with Low Cost of Increasing Adoption of Predictive Maintenance to Drive Computer Management System Market over the Forecast Period: Ken Research

Computerized Maintenance Management System (CMMS) is software which maintains a computer record of information about an organization. It also helps in maintaining employees to do their jobs more efficiently. It manages Computerized Maintenance Management Information System (CMMIS). It also includes core maintenance functionalities used for external work requests, tracking work orders, audit & certification, recording asset history, scheduling tasks and managing inventory. It also offers benefits such as managing work orders, analyzing real costs of equipment, plan & schedule maintenance, eliminating the paperwork, reducing downtime, enhancing productivity, reduce repair cost, compliance with regulatory standards, increase safety, eliminate lost order, and manage spare parts inventory.

According to study, “Global Computerized Maintenance Management System Market Size study, by Type (Cloud-Based CMMS Software, Web-Based CMMS Software, On-Premises Software), by Application (Small Businesses, Midsized Businesses, Large Businesses) and Regional Forecasts 2018-2025” some of the major companies that are currently operating in the global computerized maintenance management system market are IBM Corp., Infor Inc., Maintenance Connection, eWork Orders, Asset Essentials, EZOffice Inventory, Fastrak, eMaint Enterprises LLC, Service Channel Inc., MPulse Mobile Inc., UpKeep, Hippo, Parafernalia, Ltd., MVP Plant, Fiix, Mainti Mizer, TabWare CMMS/EAM, EPAC Software, Schneider Electric SE, Limble, AssetPoint, NEXGEN Inc., Megamation DirectLine, Axxerion, CHAMPS Software, MAPCON Technologies Inc., Sprocket, Real Asset Management, IFS Applications, MicroMain, ManagerPlus, Smartware Group, Dossier Systems,Orion IXL Bhd, CWorks Systems, Sierra, 4C Systems, Facilities Management eXpress (FMX), iOffice.

Based on type, global computerized maintenance management system market is segmented into Computer-aided facilities management (CAFM) software, Enterprise asset management (EAM) software and asset performance management. Based on deployment type, market is segmented into web-based CMMC software, cloud-based CMMC software and on-premises CMMC software. Based on application, market is segmented into large businesses, midsized businesses and small businesses. The businesses may vary by industrial & manufacturing, education & government, logistics & retail, property management firms, healthcare and others. Based on functional requirement, market is segmented into work order function, purchasing, job planning function, asset management & asset register function, schedule planning function, resource planning function, inventory management function, reporting function with maintening the management function.

The global computerized maintenance management system is driven by rising necessiy to manage computer database for a well-organized functioning of organization, low cost, of increasing adoption of the predictive maintenance and increase in demand across the enterprises owing to new features. Nevertheless, the driving factors causing difficulty in the market are poor upgrade capability, lack of skilled personnel, and longer implementation of time.

North American region is the adding to the significant market in terms of value across the globe due to rise in penetration of cloud & mobility in the market. European region is also contributing to a key growth share to the market with an increase in adoption of the cloud-based applications. The Asia-Pacific region is expected to exhibit high growth rate owing to an increase in demand for enterprise management, particularly in the developing nations such as China, India and Japan. The global computerized maintenance management system software market size was US $787.2 million in 2018 and US $1.5 billion by 2025, with a CAGR of 9.7% from 2018-2025.

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Vietnam Facility Management Market Outlook to 2023: Ken Research


The report titledVietnam Facility Management Market Outlook to 2023 - By Single, Bundled and Integrated Services; By Soft Services (Housekeeping, Security, Landscaping and Others) and Hard Services (Electromechanical Services, Operations and Maintenance Services, Fire Safety and Security Systems), By End User Sectors (Commercial, Industrial, Hospitality, Residential, Infrastructure and Others)covers introduction on Vietnam Facility Management market, business acquisition process vendor selection process, trends and developments, issues and challenges, SWOT analysis, competitive landscape and government regulations. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions.

Market Overview
Vietnam Facility Management market is at a growing stage. The industry revenue has increased at a positive CAGR of over 5% during the period 2013-2018. This growth was supported by higher FDI inflows in the economy, public sector outsourcing, cost control measures, greater demand from end user sectors (such as commercial, industrial and others), rapid urbanization and technological advances, along with rising demand for commercial and residential spaces in the country, wherein market players catered to the needs of the clients for both hard and soft services. The customers in the market are highly price sensitive and a lack of awareness about the importance of facility management services has resulted in low penetration of these services.

Integrated Facility management market is relatively at a growing stage in the country and its popularity has grown in outsourcing of services and an aim to achieve cost and operational efficiency, for both clients and vendors. Facility management services are used by both local companies and MNCs in the country. However, the local companies usually prefer single or bundled services due to their small scale of operations whereas the MNCs prefer integrated facility management (IFM) services in Vietnam.

By Soft Services and Hard Services: Soft services dominated the market in Vietnam in terms of generating revenue in 2018. The development in sectors such as real estate, greater demand for retail & commercial spaces, increase in foreign direct investment and an increase in commercial activities has amplified the demand for soft services in the country owing to rise in need for cleaning and security services. On the other hand, hard services accounted the remaining revenue share in facility management market.

By Type of Services: Bundled services contributed a major share in terms of generating revenues for the industry in 2018. Bundled services are largely demanded by retail and commercial private sectors. This was followed by Single and integrated services.

By End User Sectors: Commercial sector contributed the highest revenue share in the overall facility management industry in Vietnam in 2018. This was followed by the industrial, hospitality, residential, infrastructure and other sectors respectively. Infrastructure sector was largely driven by government expenditure on maintaining and developing roadways, rails and airports.

By Personnel Type: The facility management market in Vietnam in 2018 was dominated by services which were provided through in-house labor to the other companies in the market. It accounted more than half share in total revenue in the FM market, the remaining share accounted by outsourced personnel.

By Soft Services (Housekeeping, Security, Landscaping and others): Housekeeping services was the largest contributor to the soft services industry in 2018 followed by Security Services, landscaping and other soft services including property services, mail delivery services and other services. Growth in residential, commercial and retail spaces has led to increase in demand for cleaning services in the country.

By Hard Services (Electromechanical services, Operations and Maintenance Services, Fire Safety and Security Systems): Electromechanical services (including HVAC) have dominated the hard services market in Vietnam followed by operational and maintenance services and fire safety and security systems during 2018 in terms of revenue. Electromechanical services has the highest share resulting from implementation of better technology and a growing demand for FM services from industrial sector where complex machinery and critical installations need to be services.

Competitive Landscape
The Vietnamese Facility Management services market is moderately concentrated in nature. JLL is the market leader and has the highest market share in the Facility Management market in Vietnam on the basis of revenue in 2018. This was followed by CBRE, RCR Resolve FM Vietnam, Sodexo, Aden, Atalian and others. These market players compete on the basis of price of services, quality and knowledge of services, track record and past history within the industry and sectors serviced, skilled workforce, and established client relationships.

In future, it is anticipated that Vietnam facility management industry revenue will increase at a positive CAGR during the period 2018 – 2023E. In Vietnam, it is expected that the demand for both soft and hard services will be augmented largely due to growth in the Government outsourcing through Public Private Partnerships (PPP) and Build operate transfer (BOT). Increasing demand from multinational clients is likely to drive future demand for Integrated Facility Management (IFM) services in Vietnam with industrial expansion, commercial office buildings and infrastructure sector being the future penetration sectors for IFM services. The growth in residential, retail, commercial, industrial and infrastructure sectors’ spending will further increase the demand of FM services.

Key Segments Covered:-
By Soft Services and Hard Services
Soft Services
Cleaning services
Security Services
Others

Hard Services
Electromechanical Services (including HVAC)
Operational and Maintenance Services
Fire Safety and Security Systems

By Type of Services:-
Single Services
Bundled Services
Integrated Facility Services

By End User Sectors:-
Commercial Sector
Residential Sector
Retail Sector
Industrial Sector
Infrastructure And Others

Key Target Audience:-
Facility Management Companies
Real Estate Construction Companies
Foreign investors

Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2018-2023E

Companies Covered:-
JLL
CBRE
RCR Resolve FM Vietnam
Sodexo
Aden
Atalian
Savills
Aeon Delight
PMC
P. Dussmann Co. Ltd.

Key Topics Covered in the Report:-
Executive Summary
Research Methodology
Introduction on Vietnam Facility Management Market
Vietnam Facility Management Market Size by Revenue (2013-2018)
Vietnam Facility Management Market Segmentation
Vietnam Facility Management Market Segmentation by Soft and Hard Services
Vietnam Facility Management Market by type of services (Single Services, Bundled Services and Integrated Services)
Vietnam Facility Management Market by End User Sectors
Vietnam Facility Management Market by Personnel Type
Trends and Developments in the Facility Management Market
Issues and Challenges in the Facility Management Market
Government Regulations in Vietnam Facility Management Market
SWOT Analysis of Vietnam Facility Management Market
Competitive Scenario in Vietnam Facility Management Market
Shares and Company Profiles of Major Players in the Market
Vendor Selection Process in Vietnam Facility Management Market
Vietnam Facility Management Market Future Outlook and Projections (2018-2023E)
Analyst Recommendations in Vietnam Facility Management Market

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Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249