With the deployment of standalone 5G networks accelerating in 2021, the cloud will need to reinvent itself. Mobile devices will be able to easily transfer large amounts of data due to 5G and to manage this data cloud and its various architectures will play a major role. This is particularly true at the enterprise level, forcing cloud providers to increase storage capacity and adjust prices accordingly. For instance, in February 2021, IBM announced a 1u all-flash storage system for on-premises IT environments that can scale to hold 1.7 petabytes (PB) of data as part of an effort to make data management easier across a hybrid cloud computing environment. Additionally, the surging adoption advanced technologies such as big data, artificial intelligence (AI), and machine learning (ML), among others is expected to accelerate the need for 5G cloud services. These technologies are reshaping the market by assisting users in monitoring, analyzing, and visualizing unprocessed data. Adopting these emerging technologies in conjunction with cloud solutions would assist enterprises in improving their visualization capabilities as well as making complex data accessible and usable. Google Cloud launched Vertex Al, a machine learning platform that assists enterprises in maintaining and deploying artificial intelligence (AI) models, in May 2021. This factor would also aid in the efficient management and development of machine learning projects throughout the development lifecycle.
Furthermore, in the coming years, service providers and private companies will continue to assess the most cost-effective ways to expand capacity and capability in 5G deployment plans. In terms of the data center, 5G promises faster access to information, which will drive more edge data center construction. As more data becomes latency-sensitive and requires faster access, there is a shift away from large-core, small-edge data center architecture and toward the smaller-core, larger-edge architecture. A data center might be as simple as a single server or as complicated as a rack containing a high proportion of servers. Companies that provide public cloud computing services such as Amazon, Microsoft, IBM, Google, and more have data centers that they make available to other businesses. In the coming years, more and more end-user traffic will pass through a data center. According to the Cisco VNI Forecast, 86 percent of total end-user/device traffic touched a data center in 2015, and this traffic share increased to 94 percent by 2020.
Source – Cisco
However, data security and privacy concerns about data loss, data breaches, unanticipated emergencies, application vulnerabilities, and online cyber-attacks allied with cloud-based solutions are expected to act as restraints for the growth of cloud-based solutions. Revenues in healthcare, government, IT and telecom, BFSI, and other sectors may suffer as a result of this. According to the arXiv.org e-Print database, in 2019, almost 60% of corporate-related data and information on storage drives was held insecurely.
Impact of 5G on Cloud and Data Centers
5G technology will be extremely beneficial to the cloud computing industry. This is due to the fact that cloud-based technology innovations are more efficient. The technology enxhances the integration by having low to nil latency, leading to better communications. Furthermore, the goal of service providers using Cloud Native ideas and technology is to reach web size and economies of scale. Large enterprises such as Intel and IBM, are investing in network cloudification. This involves extending cloud platforms, technologies, and virtualization capabilities across a network to make it more agile and scalable. Networks are leveraging 5G to quickly migrate toward this software-defined architecture to fulfill operational and application demands as consumer and enterprise bandwidth demands grow. Furthermore, the cloud is a beneficial area for non-device storage in everything from healthcare applications to autonomous vehicles, and even down to wearables and mobile apps. These technologies will perform better if they leverage the cloud and have 5G connections. The dependability, performance, and efficiency of cloud-based products and services should all increase. As a result of these advancements, cloud business spending will accelerate. For instance, in June 2021, FloLive, which developed a cloud-based solution for stitching together private, local cellular networks to create private global IoT 5G networks for its customers, raised $15.5 million in funding. The money will be used to expand the company’s service, including investing in and building out its tech stack, upgrading its network to 5G where it’s being used, and developing a global SIM2Cloud. According to the data by Flexera 2021 State of the Cloud Report, respondents anticipate a 39 percent growth in cloud spending in the following 12 months.
Organizational Spend On Public Cloud, Average % Across All Respondents
Next 12 Months Current Cloud Spend
Source –Flexera 2021 State of the Cloud Report
The 5G New Radio (NR) air interface is one of the most important aspects of 5G. It improves performance by utilizing new mobile spectrums with high-speed latency capabilities. URLLC (Ultra-Reliable Low Latency Communication) capabilities will be enabled by 5G, enabling use cases such as V2X and Telesurgery, as well as Cobots, where end-to-end latency is predicted to be in milliseconds. eMBB (Enhanced Mobile Broadband) capability will be accessible in 5G for use cases that require a high data rate, such as augmented reality and virtual reality.
In addition, the impact of 5G on cloud and data centers has led to a series of developments by major companies in the market, which is further expected to expand the demand for these services in the future. For instance –
- TIM and Google announced new cooperation involving cloud and edge computing services at the beginning of March 2020, based on an MoU agreed in November 2019. TIM stated at the time that it aimed to make €1 billion from cloud services by 2024, at pace with the fast-increasing cloud market.
- In December 2021, Amazon Web Services (AWS), Amazon’s cloud computing platform, launched a managed service called AWS Private 5G. To establish a private 5G network and connect devices, AWS will provide small cell radio units, servers, 5G core and RAN software, and SIM cards. The service automates the setup procedure, allowing for the support of more devices.
- Etisalat and Microsoft teamed up in October 2021 to use Azure Multi-access Edge Compute to unleash new 5G scenarios as part of their strategic collaboration. The alliance involves establishing 5G edge compute plug-and-play infrastructures for organizations to run industry solutions, leveraging Etisalat Core Orchestration and Azure ARM capabilities.
- In September 2021, IBM and Telefónica unveiled a multi-year strategic partnership to employ IBM intelligent automation technologies and services to deploy UNICA Next, Telefónica’s first cloud-native 5G core network platform.
AWS, MICROSOFT, GOOGLE
In terms of 5G cloud service providers, the top three companies dominating the market are AWS, Microsoft Azure, and Google Cloud.
Services Provided by Cloud Providers
| Name of Company |
IaaS |
PaaS |
SaaS |
| AWS |
Amazon EC2 |
Amazon Web Services |
Amazon Web Services |
| Microsoft |
Microsoft Private Cloud |
Microsoft Azure |
Microsoft 365 |
| Google |
– |
Google App Engine (Python, Java and, many) |
Google Applications |
- Amazon Web Services (AWS)
Amazon Web Services provides on-demand cloud services to enterprises all around the world on a pay-as-you-go basis. AWS is used by platforms like Slack and Netflix to provide continuous uptime 24 hours a day, seven days a week. Even when COVID-19 has a negative influence on enterprises and the workforce, AWS is assisting its clients in handling the surge in demand while working from home. AWS’ services comprise networking, storage, remote computing, mobile development, email, analytics, and security, to name a few. It provides a Virtual Private Cloud (VPC) that does not interact with other networks, enhancing virtual privacy. In addition, Identity and Access Management (IAM) is an AWS introductory feature. This feature makes it easier to create groups of users.
- Google Cloud Platform (GCP)
Google Cloud is a collection of cloud computing services that run on Google’s infrastructure for its user-centric products. Computing, storage, analytics, and machine learning (ML) are among the cloud services it offers. Networking, Big Data, the internet of things (IoT), management tools, security, and Cloud AI are among the platform’s other features. Google cloud services are built on the same infrastructure as Google’s other end-user products, such as YouTube, Gmail, and Google Search. Furthermore, it permits cloud resource pooling – this is a service that allows the provider to give interim services to a large number of clients. It also has a multi-layered security mechanism in place to keep critical information safe.
Microsoft has the largest enterprise customer base of the three main companies, owing to widespread adoption of Microsoft Windows, Microsoft 365 (previously Office 365), and Microsoft Dynamics. It’s proven simple for many customers to layer new Microsoft Azure cloud services on top of current technologies. Microsoft Azure’s integration with business intelligence tools (especially Power BI), industry-specific solutions (for example, Microsoft Cloud for Retail or Microsoft Cloud for Manufacturing), and a significant focus on enterprise support are all key differentiators. On its website, Microsoft advertises nine separate IoT cloud services. Its key solution for data intake into the cloud via IoT devices is Azure IoT Hub. The service offers secure connectivity with IoT devices as well as device management features including device provisioning.
Impact Of Covid-19 On 5g Cloud And Data Centers
The global health crisis served as a driver for demonstrating the benefits and flexibility of cloud computing, resulting in increased adoption. The pandemic has brought into sharp focus factors such as flexible computing power, high availability, disaster recovery, lower back up and disaster recovery costs, resilient core for business process and business continuity, legacy skill risk, remote workforce management, safe return to work, and business agility, allowing for resilient business functions. According to a recent Flexera survey, Covid-19 has resulted in a considerable rise in cloud spending for 29% of leaders.
Source: Flexera 2021 State of the Cloud Report
The importance of the cloud for organizational continuity with remote workforces and smooth online collaboration has been highlighted by pandemic and remote working scenarios. In all companies, the use of public clouds is rapidly increasing. For instance, in May 2021, PayPal increased its multi-year Google Cloud cooperation as Covid-19 promoted a surge in online payments. This expansion has resulted in a huge increase in public cloud spending, which may have been boosted even further by the COVID-19 outbreak. As per the Flexera survey report, 36 percent of businesses spent more than $12 million per year on IT, and 83 percent reported that they spend more than $1.2 million per year on cloud computing. These percentages are up from last year when 20% of businesses reported annual spending of more than $12 million and 74% reported annual spending of more than $1.2 million.
Furthermore, because of greater access to internet-related services, as well as nationwide lockdowns imposed by governments around the world, demand for data centers surged.
Annual Public Cloud Spend By Enterprises
Source: Flexera 2021 State of the Cloud Report
About the author
Anamika Khanduri is a Market Research Analyst at Knowledge Sourcing Intelligence LLP. She is well-skilled in qualitative research. Her field of expertise is obtaining and analyzing data on worldwide market consumers and competitors. To read more articles by her and for more information regarding multiple global markets, visit www.knowledge-sourcing.com.
Portable Battery Pack Market size worth US$17.684 million by 2027
Press ReleasesKnowledge Sourcing Intelligence announces the publication of a new analysis report on the market for “Portable Battery Pack Market – which is forecasted from 2020 to 2027”.
The prime factors propelling the growth of the Portable Battery Pack Market are technological advancements, smartphone and electric vehicle adoption, and supportive government policies.
As per the report, the market for Portable Battery Pack Market is expected to grow at a steady pace
The portable battery pack is essentially a tool that helps with power supply and enables convenient charging of numerous devices. Portable charger sales have boomed as a result of the significant increase in the use of portable electronic gadgets. As a result of the significant rise in the number of applications for battery packs across many industry sectors, the market for portable battery packs has undergone a revolution. Mobile devices utilise power banks the most frequently, but there also are other portable electronics that are expected to see considerable demand growth and provide new business opportunities. There are sufficient opportunities for the portable battery business to grow due to the rapid increase in global warming and the government’s increasingly favourable policies toward electric vehicles.
The Portable Battery Pack market has been categorised on the basis of capacity range, product type, technology and geography.
By capacity range, the market has been classified based on 1000 mAh<2500 mAh, 2500 mAh<5000 mAh, 5000 mAh<7500 mAh and 7500 mAh<10,000 mAh and above. As the majority of smartphones have smaller batteries that can be charged using 2500 mAh<5000 mAh batteries, this segment is expected to grow significantly.
By product type, the market has been classified based on Tablets, Smartphones, Portable Media Players and Others. The demand for portable battery pack has grown as a result of the rise in the use of smartphones and tablets, as well as the high demand for their continuous use.
On the basis of technology, the classification has been done into Nickel Metal Hydride, Ni-Cd (Nickel Cadmium) Battery, Li-Polymer (Lithium Polymer) Battery and Li-ion (Lithium-ion) Battery. For consumer electronics, including computers, tablets, MP3 players, smartphones, and other portable devices, lithium batteries have become the preferred material.
In light of the increasing technological developments in countries such as China and India, the Asia-Pacific region has been estimated to have the greatest market share. It is anticipated that this region will continue to dominate the market over the anticipated time. This dominance is governed by the existence of major portable battery pack producers in the area and increased demand from economies with growing urbanisation.
The COVID-19 pandemic forced the shutdown of the automobile and electronics sectors, which caused significant losses for the portable battery market. The majority of companies began mass-producing when the COVID-19 restrictions were lifted, which increased demand for lithium in the electronics and automobile industries, raised the prices of metals, and affected the market for portable batteries. However, the market is rebounding as a result of ongoing improvements in smartphones.
As a part of the report, the major players operating in the Portable Battery Pack market that have been covered are Sony Corporation, Mophie, Samsung, Energizer Holding, BYD Company, Duracell International, LG Chem.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/portable-battery-pack-market
This analytics report segments the Portable Battery Pack market on the following basis:
Beta-Glucan Market size worth US$600.982 million by 2027
Press ReleasesKnowledge Sourcing Intelligence announces the publication of a new analysis report on the market for “Beta-Glucan Market – which is forecasted from 2020 to 2027”.
The prime factors propelling the growth of the Beta-Glucan Market are growing chronic health issues, rising consumer health awareness and increased spending on health.
As per the report, the market for Beta-Glucan Market is expected to grow at a steady pace
Beta-glucans contain natural dietary fibres that can be found in the cell walls of a wide range of bacteria, fungus, yeasts, and plant species. They help lower blood serum cholesterol, boost immunity, control blood sugar levels, and lower the chance of developing cardiovascular disease (CVD). One of the main drivers of the demand for beta-glucans is the increased prevalence of chronic diseases in conjunction with the growing desire for herbal medicines. Higher demand for healthy food and supplements as a result of this shift in consumer behaviour has drawn various producers to release new food products that are useful, not genetically engineered, and derived naturally. The need for multifunctional beta-glucan is anticipated to rise in the next few years due to rising health and wellness concerns and awareness.
The Beta-Glucan market has been categorised on the basis of type, source, application, and geography.
By type, the market has been classified into Soluble and Insoluble. Soluble beta-glucan fibre, which is present in oats, reduces the risk of heart disease and liver disease by inhibiting the reabsorption of lipids into the bloodstream.
By source, the market has been classified into Cereals, Yeast, Mushrooms and Others. The production of intestinal viscosity by cereal beta-glucans, which is believed to be the primary mechanism of action behind their beneficial health effects, has increased the use of cereals and grains as one of the main sources for the market.
By application, the market has been classified into Food and Beverages, Pharmaceuticals, Cosmetics and Personal Care and Others. The two main elements that have sparked the demand for beta-glucan in Food and Beverages are the rise in health advantages linked to the intake of Beta-Glucan and the rise in the number of customers who are health-conscious.
Geographically, the Asia-Pacific region is anticipated to account for a significant portion of the market, largely due to the fact that the presence of a sizeable industrial base in countries such as China, India, and Japan is a significant factor boosting the demand for beta-glucan. The Asia-Pacific region’s processed food sector is expanding as a result of consumers’ shifting lifestyles.
The beta-glucan market was significantly impacted by Covid-19. People became more health-conscious as a result of the global pandemic, which raised their demand for nutritional foods. As a result, demand for nutritional foods and immune boosters increased. However, the mandatory lockdown measures resulted in the closure or downsizing of production facilities and a reduction in employees. The market’s growth was slowed as a result of the short supply and demand chain gap. However, rising chronic disorders brought on by inactive lifestyles are anticipated to boost market expansion in the coming years.
As a part of the report, the major players operating in the Beta-Glucan market that have been covered are Kerry Group plc, DSM, Ceapro Inc., AngelYeast Co., Ltd., Ohly, Super Beta-glucan, Garuda International, Inc., Lantmännen Oats Ab, Merck KGaA and Leiber GmbH.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/beta-glucan-market
This analytics report segments the Beta-Glucan market on the following basis:
Screenless Display Transforming Medical Training and Diagnosis
BlogThe screenless display market was valued at US$1.078 billion in 2020 and is expected to grow at a CAGR of 29.86% to reach a market size of US$6.713 billion in 2027. The latest display technology screenless display replaces the use of touch screen technology to address various issues. A screenless display uses reflective materials like mirrors, plastic sheets, and fog to reflect the visual information. Due to its portability to virtually any location with a sufficient radius, the development of this technology resolves the issue of display space. The sector is expected to grow as a result of the use of screenless displays, which is anticipated to address privacy and security flaws and reduce the likelihood of error. 3D pictures can be projected by these screenless monitors. This technology makes it incredibly easy to turn a mobile phone into a television. Screen-based displays and two-dimensional graphics have a number of limitations which can be avoided. This technology for screenless displays makes use of interactive projection, 3D projection, and visual presentation. The retinal display, synaptic interface, and visual image display are the three categories of screenless displays.
The significant technological breakthroughs occurring in the consumer electronics sector are expected to cause an exponential increase in the use of screenless displays over the course of the forecast period. The market for touch screens is expected to be significantly impacted by screenless displays in the near future, despite the fact that this technology is still in its infancy and is still developing. Screenless displays are low-power and space-consuming. Screenless displays have improved security, and during the forecast period, security and privacy will fuel the market’s growth. The screenless display market is, however, being constrained by problems such as low consumer awareness of the technology, low availability, and high prices. The market is anticipated to have profitable growth due to the increasing demand for gaming solutions.
The adoption of screenless displays in medical demonstrations and training is expected to drive the market.
Medical applications often use screenless displays, and it is anticipated that the growth of the healthcare industry will increase demand for these types of displays. The market expansion in the healthcare sector is driven by doctors’ increased usage of screenless displays to monitor patients’ infected areas during operations. Holograms have an advantage over screen displays because they allow instructors and students to watch a 3D image simultaneously and respond to any queries by engaging with the display. The training of healthcare professionals can use any type of screenless display. Each one can offer a sizable demonstration of bacteria, anatomy, cells, or anything else that cannot be seen with the naked eyes.
When the laser and object beams intersect, 3D pictures in holographic projections appear to be floating in the air. In the medical field, hologram technology is utilised to project a comprehensive 3D image of inside organs and body components. This enables medical professionals to evaluate illnesses and injuries more thoroughly, leading to an accurate diagnosis.
The most effective technology for preserving patient privacy could be wearable screenless gadgets. In the US, for example, employees are required to abide by HIPPA guidelines (Health Insurance Portability and Accountability Act) in order to protect healthcare information. Wearable screenless displays would reduce the risk because only the user would be able to see the information. These elements will accelerate the market for screenless displays over the forecast period.
Key market developments
Innovative product offerings, research and development, new partnerships and collaborations will thereby increase the demand for screenless displays. For instance,
The North American region is expected to hold a significant share of the market in the coming years.
The development of next-generation screenless display technology has seen an increase in investment from major industry players, which has led to a growth in the screenless display market in North America. The region stands out in the screenless display market due to a number of factors, including technological advancements and an increase in the use of smartphones, tablets, and other mobile devices. The MIT research division has also been developing a variety of different screenless display devices. Many other universities in the region are also developing technologies for screenless displays. Due to increased efforts by major players to develop next-generation screenless display technology and increasing investment by a number of organisations and government institutions, North America, more specifically the US, will experience a significant rise in the screenless display market.
Screenless Display Market Scope:
Global Transparent Ceramics Market size worth US$1,687.321 million by 2027
Press ReleasesKnowledge Sourcing Intelligence announces the publication of a new analysis report on the market of “Global Transparent Ceramics Market – which is forecasted from 2020 to 2027”.
The key factors propelling the growth of the Transparent ceramics market are the shift from traditional glass technologies towards transparent ceramics, increased demand for their application in sensors, and increasing defense expenditure.
As per the report, the Transparent ceramics market is projected to grow swiftly throughout the anticipated period.
Over the years, transparent ceramics have received a lot of attention due to their significant contribution to aerospace and defense, consumer electronics, optics, and optoelectronics industries. The growing demand for transparent ceramics as an alternative to traditional glass technologies, expansion of the optical and optoelectronic industry, increased efficiency, and rising defense spending are a few other factors influencing the growth performance of the transparent ceramics market. In addition to other uses, transparent ceramics are frequently employed in sensor windows and night vision systems. This is because of its capacity to resist corrosion and maintain a constant temperature. During the projected period, rising defense spending across the globe is anticipated to fuel the expansion of the transparent ceramics market.
The transparent ceramics market has been categorized based on type, application, end-user industry, and geography.
By type, the transparent ceramics market has been classified into monocrystalline, polycrystalline, and others. The monocrystalline transparent ceramics market is expected to dominate the transparent ceramics market during the forecast period. These monocrystalline ceramics are free from surface defects and internal pore irregularities, henceforth it is diversely applied in x-ray devices, radiation detection, particle detection, etc. Consequently, its widespread use is expected to propel the market for monocrystalline under this segment.
Based on application, the transparent ceramics market is segmented into sapphire, yttrium aluminum garnet, spinel, aluminum oxynitride, and others. Due to the durable, scratch-resistant characteristics of sapphire, it is a favorable transparent ceramic in the electronics industry. Henceforth, the sapphire segment is anticipated to hold a significant share of the global transparent ceramics market.
By end-user industry, the transparent ceramics market is divided into optics & optoelectronics, aerospace, defense and security, chemical, healthcare, consumer electronics, energy, and others. As per the analysis, optics and optoelectronics hold a significant share of the global transparent ceramic market during the forecast period. The rising demand for luxury vehicles coupled with increasing vehicle safety awareness is expected to drive the optoelectronics market, consequently increasing the demand for transparent ceramics over the anticipated period.
Geographically, the market is divided into North America, South America, Europe, the Middle East and Africa, and Asia-pacific. During the forecast period, the North American region is anticipated to hold a considerable share of the market, which is attributed to the presence of big market players as well as growing investment in research and development in defense in this region. For instance, between 2012 and 2021 the US funding for military research and development rose by 24%. (Source: Stockholm International Peace Research Institute).
The COVID-19 pandemic had a negative impact on the transparent ceramics market owing to the stringent government regulations which affected the activities of construction sectors across the globe.
As a part of the report, the major players operating in the Transparent ceramics market, that have been covered are Konoshima Chemical Co., Ltd., CeramTec ETEC, Murata Manufacturing Co., Ltd., SCHOTT AG, Momentive Technologies, CeraNova, Surmet Corporation, and American Elements.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-transparent-ceramics-market
This analytics report segments the Transparent ceramics market on the following basis:
The Oil Drilling Automation – A Futuristic Solution for the Fast-Growing World
Thought ArticlesThe oil drilling automation market is valued at US$350.683 million for the year 2020, growing at a CAGR of 10.14% reaching a market size of US$689.301 million by the year 2027. Oil drilling is a process by which a tube is bored through the surface of the Earth to pump out the oil reservoir. The process of oil drilling automation is centered on the entire process system which starts from well designing and planning to downhole activities. Oil is a major part of human life. A majority of human activities involve the use of oil in different forms, one such widely known use is fuel. To meet the rising oil demand, automation has become a necessity in the oil drilling industry. This has given rise to oil drilling automation techniques.
In simple words, oil drilling automation refers to a sub-process that involves operational as well as downhole activities that are needed for drilling oil from the Earth. The rising need for oil and the technological developments in the field of oil drilling has given a boost to the oil drilling automation market. The oil drilling process requires precision and efficiency, but most importantly it must ensure the safety of workers involved in the operation. Automation in the field of oil drilling can offer enhanced safety and efficiency along with an assurance of optimized surface activities. Hence, the combined system is required to understand the subsurface and its interactions with the drilling systems that operate under the surface.
Analysts anticipate that the market will rise due to rising excavation activities owing to rising oil demand.
The primary factor driving the oil drilling automation market is the rising need for oil which has resulted in increased exploration and excavation activities around the world. Rising demand is expected to drive automation and technological advancements in the oil drilling automation market. According to the EIA’s (Energy Information Administration) Short-term Energy Outlook released in September 2022, the global consumption of petroleum and liquid fuels is estimated to increase by 2.1 million b/d in 2023 to 101.5 million b/d. The high consumption has ultimately created higher oil demand which is playing a significant role in the development of new oil fields with enhanced safety and automation.
Furthermore, the abundant source of untapped oil resources in different parts of the world is also attracting these oil drilling automation giants to extract oil as well as profits. According to the estimates of the United States Geological Survey (USGC) report published in December 2021, the US Bakken and Three Forks Formation of the Williston Basin province, North Dakota, and Montana have 4.3 billion barrels of oil and 4.9 trillion cubic feet of gas. Also, in March 2022, the Energy Monitor reported that in the Russian Arctic more than ten million barrels of oil equivalent per day are expected to be extracted in 2022. These new oil discoveries and huge oil extractions by the oil drilling giants are boosting the oil drilling automation activities in the market.
The high upfront costs act as a challenge in the oil drilling automation market
The oil drilling automation process is complex and time-consuming. It requires a large number of investments to install both hardware and software solutions. The initial costs are very high as it involves building the whole infrastructure, installing hardware and software, etc. Furthermore, the maintenance and running costs add up to the total costs, which further increases the cost burden on the end users. Moreover, the software involved in oil drilling automation operations needs to be updated for smooth and proper functioning. The updating process brings up the costs of upgrading the software and training workers on how to use the upgraded version of the software, and it further affects the regular operations of the organization. For instance, due to the training, the regular work hours are diluted into training hours and work hours, the regular operations are slowed down and the learning curve effect on the new system further impacts the operational efficiency of the worker.
Additionally, these systems are complex, hence it requires qualified and well-trained workers and operators. It also requires sophisticated instrumentation to ensure adequate service which further increased the overall costs to the company. Thus, the overall high costs and complex processes involved in the automation lead to limited growth for the oil drilling automation market.
During the forecast period, the analyst anticipates that the software segment is expecting significant growth.
The oil drilling automation market is segmented into hardware and software based on the offerings. According to the analysts, the hardware segment is expected to account for a sizeable share. While, on the other hand, the software segment is expected to show vigorous growth owing to the growing investments and technological advancements in the market during the forecast period. For instance, eDrilling, a software company based in Norway secured funding from the Research Council of Norway for a good software study in October 2020. Furthermore, the company introduced a software solution for real-time drilling parameter optimization named as wellGuide, in June 2022. The software solution provided by drilling is designed for rigs where an automated drilling upgrade requires a heavy investment or rigs that need drilling advisory systems to optimize their operations. The wellGuide software solution helps in achieving automation, better performance, and avoidance of non-productive time in drilling and energy operations. Such technological advancement coupled with the development of software is expected to propel the oil drilling automation market.
COVID-19 Insights
The outbreak of the novel coronavirus had a significant impact on the oil drilling automation market. The overall market and industries were temporarily shut down due to pandemic restrictions. As a result, industrial capitalistic behavior was restricted. The focus of industries shifted to operational activities and capital expenditure was restricted during the pandemic. The primary factor involved in the downfall of the oil drilling automation market was the reduction in oil and gas demand. Owing to the industry-wide shutdowns coupled with operational discrepancies the overall oil and gas demand significantly decreased during the period. Furthermore, the pandemic led to a slowdown in production and mobility worldwide, producing a significant drop in global oil demand. As per the IEA Oil Market Report July 2020, the global oil supply fell by 2.4 mb/d and the global oil demand fell by 16.4mb/d owing to the lockdowns imposed due to COVID-19.
Global Geothermal Power Market – A Global Phenomena
BlogThe Global Geothermal Power Market is expected to grow at a compound annual growth rate of 2.81 % over the forecasted period to reach a market size of US$1.740 billion in 2027 from US$1.434 billion in 2020.
Geothermal power is a renewable power generation source that has proven to be stable and independent. It generates power by using the warmth and strength of the earth’s magma. Geothermal power plants are operated to rotate turbines by the utilization of steam, produced from hot water found below the surface of the earth. This ultimately helps in operating the generator which then works to produce electricity. As of now, there are three types of geothermal power plants that are operated, namely, flash steam, dry steam and binary cycles. This type of energy is less spread out when compared to other renewable sources owing to the fact that not all regions hold large pockets of heat trapped in their subsoil. However, even though this factor poses as a constraint, it does not hamper the development when it comes to the potential of geothermal energy. According to the statistics reported by the IRENA report (International Renewables Energy Agency)in 2020, the contribution of geothermal energy to the renewable capacity worldwide amounts to about 13 GW.
Factors like government regulations, increasing investments in related projected and the volatile prices and limited availability of fossil fuels have increased the demand for geothermal energy, which is expected to drive growth in the market. However the high investment associated with setup of geothermal power plants and the negative impact of that it has on the environment are expected to restrain the growth of the geothermal power market. The presence of other clean renewable energy alternates, like solar energy, is also expected to pose as an obstacle in the use of geothermal power to generate electricity.
Inclining Investments in Geothermal Energy to Drive Market Growth on a Global Scale
The increasing investments in geothermal energy projects across the globe is attributed to drive the growth of the market during the analysed period. In March 2020, Breakthrough Energy Ventures, an investment firm, made the announcement that it would invest $12.5 million in Baseload Capital, a company that deals in geothermal project development. It is a project investment firm that caters to the development of geothermal power plants by providing capital for the same, with the use of technology that is developed by Climeon, its Swedish parent company. The geothermal company EnergiMiinas, based out of Philippines has been planning to set up two geothermal power plants in Peru by the year 2026 or 2027 with an investment accounting for US$1 billion in each of the project. Further, Thrive Renewables has also lately announced its plans to invest an amount of about £6.5 million in the first geothermal power plant in the UK. With this, it aims to supply about 3 MW of electricity to the National Grid and approximately 12 MW of electricity for local use. Hence, are these factors point towards a brighter future for the geothermal market.
Constant Efforts by Government And Organisations to Promote Renewable Energy to Augment Market Growth
Constant efforts by governments of various countries and global organizations is expected to reduce the dependency on oil regarding domestic energy use. Several initiatives and plans are being implemented to promote the usage of as many renewable energy resources as possible as an alternative to other energy sources. Following the 2015 COP21 (Conference of Parties) conference held in Paris, the United Nations successfully established the Global Geothermal Alliance which aimed at fast tracking of this renewable resource in order to support the energy transition process. Additionally, the Indonesian government has formulated a National Energy Policy, which includes guidelines for the conservation, intensification and the diversification of energy. Thus, all these policies are collectively predicted to drive growth in the global geothermal power market by catalysing the demand for this energy.
North America to Hold a Substantial Share in This Market
North America is expected to hold a significant share in the global geothermal power market in the analysed period due to the rising inclination towards geothermal energy sources in countries like US and Mexico. The US emerged as a global leader in geothermal energy back in 2018, with an installed capacity exceeding 3,500 MW. The country is also home to one the world’s largest geothermal complex geysers, which encapsulate over 20 geothermal plants at its base in California. Mexico was also observed to have a significant geothermal power capacity which is majorly driven by the Cerro Prieto Geothermal Power Station complex, packing a capacity of about 820 MW.
Asia Pacific Region to Witness Promising Growth in the Forecasted Period
The geothermal power market of the Asia Pacific region is expected to witness a substantial growth during the forecast period due to the large-scale production of geothermal energy in countries like the Philippines, Japan and Indonesia. Government initiatives and policies supporting the use of renewable energy sources is predicted to increase the share of geothermal energy in the total renewable energy mix, which is attributed to drive the growth of the geothermal power market in the region. In the Philippines, the development and implementation of geothermal power has been constantly promoted to attain energy security while also boosting the share of renewable energies in the total power mix. Lately, the government of the country has also announced plans to advance a policy recasting, through the Department of Energy. This would allow 100% foreign ownership in renewable energy-associated projects with a focus on geothermal energy to attract foreign investments. In China, a lucrative opportunity for the geothermal energy sector is shown to be created owing to the imposition of even more strict emission rules on power plants that are coal-fired. This is in turn expected to augment the market growth of geothermal energy in the region.
Global Geothermal Power Market Scope:
Testing and Quality Assurance to Validate 5G Performance
White PapersExecutive Summary
Every 5G device in a cell is connected to the internet or phone network via an antenna built into the cell. With the deployment of standalone 5G networks accelerating in 2021, the cloud will need to reinvent itself. Technology providers want a way to easily and effectively test 5G devices across a set of parameters, including speed, application output, scale, and more, as the world embraces 5G technologies. Wireless service providers will spend and expand their footprint on 5G in the next months, making quality assurance and testing a critical component for competitive advantage, customer satisfaction, and market sustainability. The 5G network has opened up new opportunities for companies as new gadgets will be required to endure the same network capabilities. This will impact testing because all apps will be needed to test on a network-eligible device. Machine learning (ML) or artificial intelligence (AI) will be required in 5G network and service assurance solutions. To analyze the reams of data flowing in from the network in real time, AI or ML will be required, and it must be implemented at every stage of the assurance stack. As a result, the algorithms will be much more tailored to the individual application and will be able to deliver more reliable insights and forecasts about service quality. According to the Spirent 2021 5G Report, as operators accelerated their early 5G rollouts, service provider participation grew by more than 50% year over year (200 by the end of 2021). As market rivalry grew, over half of service provider activities were on service assurance and experience (including competitive benchmarking). Hence, 5G accelerated the deployment of new tests and assurance procedures in 2021.
Essential Types of Quality Assurance Testing
Quality assurance (QA) is a method of preventing errors and flaws in the production process, as well as problems in the delivery of products or services to clients.
In a multi-vendor network context, standards compliance is one of the most important parts of quality assurance and design validation of 5G products. QA testers would need to adjust their acceptance test strategy and confirm that the system was constructed following the 3GPP specification by the associated vendor. Furthermore, interoperability between 5G equipment from different vendors is only achievable if they are both compliant with the same specification and protocol. A 5G User Data Management product, for example, should be created to the 3GPP specification number 29.503, regardless of which manufacturer makes it.
When it comes to the 5G test life cycle, regression testing is very crucial, especially if a company practices DevOps and the Continuous Integration and Continuous Development (CI/CD) model. Each 5G software drop must be extensively regressed, and each iteration must be capable of capturing all types of software and related hardware problems, which must be rectified and confirmed with the highest level of quality in following DevOps software drops.
Customer happiness is heavily influenced by device interoperability. All Android and iOS-based user devices, such as smartphones and tablets, must be certified across the various 5G radio access and core network entities. Because Samsung Galaxy and iPhone smartphones have the largest market share, all generations of these devices must be properly researched for network vendor and original equipment manufacturer interoperability. 5G Wi-Fi calling, simulating a home Wi-Fi router as a cell site tower, must be tested on all iPhone versions.
Load and stress testing are required to ensure that the 5G system can handle the planned traffic load at a high volume. Busy Hour Calls (BHCA) that exceed the system's peak transaction per second (TPS) ensure that the system does not crash or the software does not dump a core. While trying to undertake load and stress testing to identify a 5G system's Key Performance Indicators, open-source tools like J-Meter and seagull, as well as free/trial versions of SOAP UI and Postman, could come in help (KPIs).
5G Testing: Framework, Parameters, and Phases
If the QA engineers create systems for the next generation of wireless networks, mobile app testing organizations will benefit. Due to the lack of cable access, devices must be evaluated via over-the-air (OTA) testing. For example, mobile app testing services firms confront a variety of test issues, including configuration, coverage, and repeatability. New techniques and methods must be used to evaluate 5G components and devices. Standard test architecture and measurement for multi-vendor wireless for 5G networks is critical for moving forward with design, configurations, characterization, production, and validation for hardware and software. Maintaining optimal performance with novel 5G testing methods can help stay ahead of the competition by reducing chamber testing while maintaining test coverage and accuracy.
The International Mobile Telecommunications Vision 2020 defines three scenarios for 5G telecommunications that differentiate it from 4G telecommunications:
Agencies are looking into how to use 5G to better mission delivery and business operations, as well as deliver new apps and services that are impossible with 4G technology.
Source: Seragon.com
The 5G testing architecture is separated into four main phases based on the timeframe for introducing 3GPP 5G standards and the availability of 5G equipment and devices from vendors. For example, the first step builds a 5G non-freestanding architecture that uses the current 4G core network infrastructure, while the second phase updates the network core to 5G in a standalone mode. The framework's modular components are divided into architecture, application traffic, spectrum, network, and 5G innovations. Each paragraph offers a description of the test element as well as associated test and measurement equipment, as well as considerations (e.g., protocol analyzer). Not all elements are necessary for all testing; for example, if a real Radio Access Network (RAN) is unavailable, a simulated RAN might be employed. The framework finishes with a description of its security considerations and security metrics that an agency could collect using it. After implementing the framework, an agency could build/lease a test-bed from a carrier-grade equipment manufacturer, perform testing using existing external labs/testbeds (e.g., government lab, university lab, coordination with the Department of Defense), or use a combination of the two.
What are the Parameters Used to Test 5G Networks?
Phases of Testing Capabilities
Source: VIAVI Solutions
How are Major Companies Coping With the 5G Revolution?
Trends to Keep an Eye on in 2022
Recent Innovations in the Industry
About the Author
Roshni Bajaj works for Knowledge Sourcing Intelligence LLP as a Market Research Analyst. Roshni specializes in data collecting, analysis, and translation into actionable insights that give businesses a competitive advantage. Visit www.knowledge-sourcing.com to read more articles by Roshni and to learn more about a variety of global and regional markets.
Digital Transformation & Improvements With 5G and SD-Wan Edge Computing
White PapersEXECUTIVE SUMMARY
Digital transformation is the need for today’s enterprises’ ecosystem across the globe. Organizations worldwide are switching towards video, cloud, and IoT technologies to stay competitive and stable with the increasing demands of their customers and partners. Many companies plan to implement multiple new services and solutions to their existing digital infrastructure. In this paper, we will mainly focus on the Edge computing requirements like SDN or SD-WAN. This paper will be a good introduction to the combined work of 5G with a software-defined wide area network and software-defined network. 5G is a new form of communication that provides high bandwidth to an organization. SD-WAN is responsible for managing the traffic across all the available links, such as MPLS, Broadband, and 5G, in an efficient way by keeping track of network conditions.
Implementing SD-WAN TECHNOLOGY TO 5G
Organizations and government agencies are increasingly adopting SD-WAN to replace legacy WAN running on MPLS. SD-WAN is typically used to add broadband, DSL, or mobile links to the existing connections of the enterprises market due to which organizations can increase their bandwidth of already existing MPLS connections while providing a failover backup, all at substantial cost savings compared to directly upgrading the MPLS line to the same standard of bandwidth and reliability. Some other features include WAN optimization, application-specific network rulesets, and Centralized control of branch networks via cloud.
Current Market Scenario and Future Expectations
Various research has predicted an optimistic future for the business network market, mainly for broadband access equipment and software-defined wide area network. It is predicted that the SD-WAN market is proliferating and will continue to grow in the coming years as well. SDN/SD-WAN market’s growth declined in 2020 due to the Covid-19 Pandemic. During the pandemic, the organizations adopted the remote working model, due to which there was a lack of investments in their IT infrastructure. Many vertical markets were completely shut down, like- travel, hospitality, retail businesses, etc. However, 2021 has shed new light; industries started to make a good level of investments towards their network infrastructure to improve their remote access work model, which includes security, speed, storage, etc. During 2020 and 2021, some bold collaborations and acquisitions were made in the SDN or SD-WAN market. For instance,
Market Trends
SD-WAN has reduced the need for backhaul traffic; it helps establish secure, reliable, and high-performance connectivity for an application that runs on multi-cloud environments without any need for backhaul traffic. SD-WAN has the potential to improve the multi-cloud environment, because of which leaders in SD-WAN technology are collaborating with cloud providers to make access easier and accelerate cloud connectivity. Moro hub, a subsidiary of Digital DEWA, which is the digital arm of Dubai Electricity and Water Authority (DEWA), has signed an SD-WAN Managed Service Provider has signed an agreement with Omni clouds, a leading technology start-up in the cloud service provider space and migrator for the Middle East region. Omni cloud has agreed to offer a set of SD-WAN services to Moro Hub. In addition, the company will also provide a range of SD-WAN services and solutions like cloud migration, connectivity, and security-managed services to the motor hub. This partnership aims to deliver enhanced cloud connectivity for Moro Hub’s enterprise customers in the UAE and beyond.
The emerging trend of the SD-Branch, a software-defined Branch, is designed in such a way that it can replace a portion of the whole branch network architecture. It helps to simplify the deployment process by combining WAN connectivity with security and LAN/WLAN. Brasfield & Gorrie, one of the largest privately-held construction firms based in Birmingham, Alabama, is deploying an end-to-end Aruba SD-Branch network to connect its 12 offices and more than 180+ active job sites. Along with that, it will also connect six locations of B&G Equipment and Supply. ZPE Systems has introduced an open SD-Branch platform for distributed enterprises and managed service providers. It consists of a Node grid Hive Services Router (Hive SR) with integrated 5G/4G LTE, cloud-orchestrated SD-WAN application, and wireless access points.
SD-WAN is proven to be a secure remote access solution when integrated with a Secure access service edge or zero-trust network access. It is analyzed that SD-WAN vendors are working on their business models to expand their offerings to include SASE, ZTNA, and many others. The vendors are currently making efforts to understand this technology to improve the security of LAN, WLAN, and WAN security policies, at branch offices. LOGIX Fiber Networks has collaborated with Versa Networks to offer its SD-WAN and SASE solutions to its customers. With the help of this collaboration, Logix will deliver a combination of full-featured SD-WAN capabilities such as integrated security, scalable advanced routing, remote worker access, and analytics to meet the evolving WAN Edge requirements.
Selecting the Right Trusted Vendor
SDN or SD-WAN is not a simple technology, and the key to its success is to understand what the vendors are offering. What type of features are present in their solution, and their constant modifications and pricing should be clear? Here we are going to mention some of the top SD-WAN vendors operating in the industry today.
HPE (Aruba and Silver peak)
The company is heavily investing in SD-WAN technologies; Aruba and Silver Peak have a common goal to provide simplicity, scalability, and application awareness at the edge. Aruba’s all-in-one SD-Branch portfolio is combined with Silver Peak’s self-driving SD-WAN and WAN optimization solutions. It helps Aruba better address comprehensive customer requirements to gain an advantage in a promising market opportunity. Aruba Edge Connect SD-WAN edge platform powers a self-driving wide area network for the cloud-first enterprise.
Aruba Edge Connect SD-WAN:
Riverbed
Riverbed’s secure enterprise SD-WAN provides connectivity across the branch, data center, and multi-cloud infrastructure. It increases WAN capacity and cost-effective Internet Broadband and LTE to replace MPLS. Riverbed SteelConnect EX SD-WAN increases the speed of the application by 100 and optimizes workflows throughout the network and, in turn, production. It can remove any redundancies in traffic from the WAN and free up the pipes for more pertinent data. IT managers can connect servers and storage across branches and data centers without losing network performance, saving a ton on OPEX. Consolidation also increases the security of the networks, which makes the company less vulnerable to hackers. SteelHead is very much efficient in case of visibility. Real-time tracking allows IT companies to fix and enhance app performance quickly and provides support to end-user to make sure consumers are connecting with their apps smoothly without any hindrance. The riverbed SD-WAN solution is best suited for companies with a high latency environment looking to increase their workflow and productivity.
Benefits of Riverbed SD-WAN:
Cisco Systems
Cisco is the world leader in IT and has innovative networking solutions. The company has constantly been trying to overcome networking problems head-on by launching solutions that help improve communication, connection, and collaboration for various clients. Cisco IOS XE SD-WAN image supports the hardware platforms such as Cisco ASR 1000 Series Aggregation Services Routers, Cisco 1000 and 4000 Series ISRs, and Cisco 5400 ENCS. Cisco offers customizable solutions so that your company can find the perfect choice for optimization. Cisco provides solutions to different sizes of companies; it offers customizable solutions to companies with cloud applications and those finding the eager solutions to block hacks with increased security. Cisco SD-WAN has a transport-independent design that helps simplify the WAN infrastructure with a cohesive design over all transports. Another feature is intelligent path control, a cost-effective feature that helps you save a lot of money if you use a hybrid solution by ensuring unnecessary traffic isn’t running on your MPLS. The cisco SD-WAN helps apps to run quickly by using encryption techniques and VPN overlay to secure the networks from attacks. Cisco makes large deployments in all major sectors like retail, financial services, healthcare, and energy. It is expected to be the most widely deployed SD-WAN across the fortune 2000, with deployments in 70% of fortune 100 enterprises.
Benefits of Cisco SD-WAN
Source: Cisco
VMware
VMware velocloud’s cloud-delivered SD-WAN is one of the first SD-WAN offerings; it connects company locations with broadband internet access or MPLS into a virtual overlay. Its collection of services gateways delivers network services from the cloud from the underlying transport system to data centers, branches, and web applications. One of its fundamental advantages is that it spots and corrects performance problems quickly with troubleshooting tools and reduces the operational costs of hardware delivery. It is best suited for companies that are dispersed globally and for enterprises that rely heavily on cloud-based applications.
Vendors
Features
Best suited for:
Riverbed Steelhead
Cisco IWAN
VMware SD-WAN
Cisco Viptela solution
Oracle Talari’s SD-WAN
About the Author
Akansha Malik is a Market Research Analyst at Knowledge Sourcing Intelligence LLC. Akansha works with various qualitative analysis tools to understand and analyze the current and future market dynamics of the target market. Her expertise lies in mining large data sets, primary or secondary research, and market assessment to supply current market information to administrative personnel regarding decision-making and implementation. She is passionate about supporting the IT and Telecom sector to flourish and be useful in making a more digital, better working world. Through her qualitative research, she helps her clients to achieve excellent performance. To read more informative articles and white papers from her and for more information regarding the global market scenario, visit www.knowledge-sourcing.com.
Market Ecosystem of 5G Network Slicing
White PapersExecutive Summary
Network slicing is a new network architecture that offers multiple logical networks on a shared network infrastructure. Each network slice can flexibly define its SLA requirements, logical topology, reliability, and security level to fulfill the differentiated requirements of different industries, services, or users. Network slicing reduces the cost of constructing multiple private networks and provides highly flexible network services that can be distributed based on demand generated by service requirements. This has improved the network value and monetization capability of carriers and facilitates the digital transformation of various industries. Network slicing helps to support diverse and extreme requirements for latency, capacity, and availability. It created end-to-end logical networks that offered isolated properties and operated independently. Network slicing is believed to be the key feature of 5G systems. Network slicing creates virtual private 5G networks that have flexibility, scalability, and security, which provide opportunities to a wide range of industries. Now, it is possible for service providers to look beyond the consumer market and manage the 5G networks for new enterprise customers. The network slicing market growth is estimated to be around USD 200 billion by 2030 with a strong CAGR (Source: total global digitalization revenues).
Benefits of 5G Network Slicing
Network Slicing vs a Private Dedicated 5G Network
Recently there has been much discussion about network slicing vs. a private network. However, it has been analyzed that network slicing is highly potential for cost and wide area network. Network slicing doesn’t require any high investments for equipment on-premises, and through slicing, it is possible to extend the usage outside the campus. For example- tracking goods or automotive use cases.
In today’s era, every company or enterprise has some type of private network on the premise, mainly Ethernet LAN and Wi-Fi. More than 60 percent of enterprises are planning to use a 5G private network of some sort. However, one does not exclude the other, and some 50 percent of enterprises will use 5G on-premises and as a private network slice.
Top Industries for Network Slicing
The addressable opportunity for CSPs with network slicing is USD 200 billion. The top 6 industries account for more than 80 percent of the revenue potential. Healthcare is the largest industry, followed by transportation and government. According to Ericsson, the compound annual growth rate for the top industries ranges from 23-46 percent during 2025 – 2030, which is substantial.
Moreover, the healthcare sector is expected to dominate the overall market growth. In a report published by Ericsson, it was estimated that around USD 76 billion in revenue will be generated by healthcare transformation by the end of 2026. Network slicing will generate many new approaches in the healthcare industry in terms of imaging & diagnostic technology, medical data management, and data analytics. For example- experts are making efforts to arrange remote robotic surgeries using virtual reality through customized 5G network slicing. According to the European telecommunications network operator’s association in the healthcare sector, the number of IoT connections will reach 10.34 billion by 2025.
Recent Developments
Top Vendors in the Network Slicing Market
Ericsson is a multinational networking and telecommunications company. It is a leader in 4G and 5G mobile technologies and provides network support. The company provides network slicing products. Its portfolio comprises mobile and fixed network infrastructure; telecom services; broadband & multimedia solutions for operators, enterprises, & the media industry. The company is located in various geographical locations such as North America, Europe, MEA, Southeast Asia, etc.
It is a multinational company engaged in the manufacturing of mobile devices, network infrastructure, and advanced technology businesses globally. It provides Automated Network Slicing. The company’s automation capabilities offer organizations an unmatched solution to deploy network slices in less time. The company introduces new network management, controller, and orchestration capabilities to its solution. For instance, Nokia, in collaboration with Orange, deploy the first Industry 4.0 4G/5G private network with network slicing in the Schneider Electric factory in France. The company has a presence in North America, Asia-Pacific, Europe, Latin America, and MEA.
Cisco provides a network slice orchestration solution that is built using slicing-enabled components which can span the whole service chain. Cisco’s network slicing solution is built on a cross-work network automation suite in combination with Cisco Network Services Orchestrator (NSO) product. Cisco Crosswork and NSO, in alignment with the 3GPP structure, can manage the 5G environment domains such as transport network slicing, core network slicing, and unifying slice control with NSO. The company has its geographical presence in America, EMEA, and Asia-Pacific.
The company provides a 5G E2E network slicing solution to support industries undergoing digital transformation. It allows the resource of a physical network to be flexibly allocated into multiple virtualized network slices to fulfill the requirements of different industrial services, such as industrial control, automatic driving, intelligent power grid, and remote medical treatment. The advantages offered by its network slicing solution are- distributed and automatic deployment, multi-level isolation, agile design, slice mall for NaaS, and smart assurance. The company has its presence across Europe, the Americas, Oceania, and Africa.
Huawei Technologies offers a 5G network slicing solution; the company, with other industry partners, jointly established the first 5G Network Slicing Innovation Open Lab. The main aim of the lab is to unite all aspects of the network slicing industry and perform long-term verification of technical innovation for various industry partners. Huawei is planning to collaborate with 5GSA to invite industry partners to join the alliance. The company has its geographical presence across EMEA, China, APAC, and America.
The company offers Affirmed Virtual Slice Selection Function (vSSF) that provides fine-grained network slicing across virtualized and multi-vendor environments. Affirmed’s network slicing has a centralized function to steer traffic to specific gateways without making any configuration changes to other network elements. It reduces time-to-market and operational costs by 90%. By using Affirmed Virtual Probe, operators receive real-time analytics on individual slices and services, which helps them to improve their service quality and reduce network support costs. The company was acquired by Microsoft in 2020 for USD 1.35 billion. Since then, it has been operating under the intelligent cloud segment of Microsoft.
Mavenir is a telecommunication software company focusing on accelerating the software network transformation and redefining network economies for 250+ communication service providers in more than 100+ countries. It provides a cloud range network slice suite that provides end-to-end network slicing for radio, core, and application in 4G and 5G networks. The company has successfully innovated the dynamic network slicing through TM Forum Catalyst Ecosoft eHealth Program.
Amdocs provides 5G Slice Manager, AMDOCS Network Orchestration, AMDOCS Network Exposure Function, and AMDOCS Network Data Analytics Function. The 5G Slice Manager helps service providers tackle operation challenges through business and customer-centric segmentation. It helps the operators to achieve operational efficiencies and optimized ROI. Amdocs Network Orchestration provides various benefits such as-
Opportunity
Industry 4.0, automation, and digital transformation have changed the adoption of mission-critical business applications in every type of business. To cope with the growing demand of customers and organizations for operational agility, most sectors are making efforts to transform their digital platforms. Advancements in technology and the evolving ecosystem have paved the way for the emergence of new business applications across different industries.
Challenges
Despite the various benefits of network slicing, there are still some challenges that are faced by operators and developers. E2E network slicing is implemented in the radio access network (RAN), and these RAN must go through redesigning the process to accommodate network slicing. Although progress towards standardization continues, full industry consensus on network slicing deployment on 5G networks with other architectural elements remains ambiguous. Adding multiple networks over the same physical infrastructure creates much stress for operators. There is a difficulty in maintaining SLA, QoS, and security assurance for each slice, and managing the spectrum slicing and allocation for highly dynamic scenarios is one of the common challenges in the market.
The market growth for network slicing is estimated to be around USD 200 billion by 2030 with a strong CAGR (Source: total global digitalization revenues).
Steps in the Lifecycle of Network Slice
Four steps are involved in the lifecycle of a network slice- preparation, commissioning, operation, and decommissioning.
How to Slice the Network? While Evaluating Certain Policies and Criteria
About the Author
Akansha Malik is a Market Research Analyst at Knowledge Sourcing Intelligence LLC. Akansha works with various qualitative analysis tools to understand and analyze the current and future market dynamics of the target market. Her expertise lies in Mining large data sets, Primary or Secondary Research, and Market assessment to supply current market information to administrative personnel regarding decision-making and implementation. She is passionate about supporting the IT and Telecom sector to flourish and be useful in making a more digital, better working world. Through her qualitative research, she helps her clients to achieve excellent performance. To read more informative articles and white papers from her and for more information regarding the global market scenario, visit www.knowledge-sourcing.com.
Future of 5G – In the Development of Cloud Technology
White PapersWith the deployment of standalone 5G networks accelerating in 2021, the cloud will need to reinvent itself. Mobile devices will be able to easily transfer large amounts of data due to 5G and to manage this data cloud and its various architectures will play a major role. This is particularly true at the enterprise level, forcing cloud providers to increase storage capacity and adjust prices accordingly. For instance, in February 2021, IBM announced a 1u all-flash storage system for on-premises IT environments that can scale to hold 1.7 petabytes (PB) of data as part of an effort to make data management easier across a hybrid cloud computing environment. Additionally, the surging adoption advanced technologies such as big data, artificial intelligence (AI), and machine learning (ML), among others is expected to accelerate the need for 5G cloud services. These technologies are reshaping the market by assisting users in monitoring, analyzing, and visualizing unprocessed data. Adopting these emerging technologies in conjunction with cloud solutions would assist enterprises in improving their visualization capabilities as well as making complex data accessible and usable. Google Cloud launched Vertex Al, a machine learning platform that assists enterprises in maintaining and deploying artificial intelligence (AI) models, in May 2021. This factor would also aid in the efficient management and development of machine learning projects throughout the development lifecycle.
Furthermore, in the coming years, service providers and private companies will continue to assess the most cost-effective ways to expand capacity and capability in 5G deployment plans. In terms of the data center, 5G promises faster access to information, which will drive more edge data center construction. As more data becomes latency-sensitive and requires faster access, there is a shift away from large-core, small-edge data center architecture and toward the smaller-core, larger-edge architecture. A data center might be as simple as a single server or as complicated as a rack containing a high proportion of servers. Companies that provide public cloud computing services such as Amazon, Microsoft, IBM, Google, and more have data centers that they make available to other businesses. In the coming years, more and more end-user traffic will pass through a data center. According to the Cisco VNI Forecast, 86 percent of total end-user/device traffic touched a data center in 2015, and this traffic share increased to 94 percent by 2020.
However, data security and privacy concerns about data loss, data breaches, unanticipated emergencies, application vulnerabilities, and online cyber-attacks allied with cloud-based solutions are expected to act as restraints for the growth of cloud-based solutions. Revenues in healthcare, government, IT and telecom, BFSI, and other sectors may suffer as a result of this. According to the arXiv.org e-Print database, in 2019, almost 60% of corporate-related data and information on storage drives was held insecurely.
Impact of 5G on Cloud and Data Centers
5G technology will be extremely beneficial to the cloud computing industry. This is due to the fact that cloud-based technology innovations are more efficient. The technology enxhances the integration by having low to nil latency, leading to better communications. Furthermore, the goal of service providers using Cloud Native ideas and technology is to reach web size and economies of scale. Large enterprises such as Intel and IBM, are investing in network cloudification. This involves extending cloud platforms, technologies, and virtualization capabilities across a network to make it more agile and scalable. Networks are leveraging 5G to quickly migrate toward this software-defined architecture to fulfill operational and application demands as consumer and enterprise bandwidth demands grow. Furthermore, the cloud is a beneficial area for non-device storage in everything from healthcare applications to autonomous vehicles, and even down to wearables and mobile apps. These technologies will perform better if they leverage the cloud and have 5G connections. The dependability, performance, and efficiency of cloud-based products and services should all increase. As a result of these advancements, cloud business spending will accelerate. For instance, in June 2021, FloLive, which developed a cloud-based solution for stitching together private, local cellular networks to create private global IoT 5G networks for its customers, raised $15.5 million in funding. The money will be used to expand the company’s service, including investing in and building out its tech stack, upgrading its network to 5G where it’s being used, and developing a global SIM2Cloud. According to the data by Flexera 2021 State of the Cloud Report, respondents anticipate a 39 percent growth in cloud spending in the following 12 months.
Organizational Spend On Public Cloud, Average % Across All Respondents
Next 12 Months Current Cloud Spend
Source –Flexera 2021 State of the Cloud Report
The 5G New Radio (NR) air interface is one of the most important aspects of 5G. It improves performance by utilizing new mobile spectrums with high-speed latency capabilities. URLLC (Ultra-Reliable Low Latency Communication) capabilities will be enabled by 5G, enabling use cases such as V2X and Telesurgery, as well as Cobots, where end-to-end latency is predicted to be in milliseconds. eMBB (Enhanced Mobile Broadband) capability will be accessible in 5G for use cases that require a high data rate, such as augmented reality and virtual reality.
In addition, the impact of 5G on cloud and data centers has led to a series of developments by major companies in the market, which is further expected to expand the demand for these services in the future. For instance –
AWS, MICROSOFT, GOOGLE
In terms of 5G cloud service providers, the top three companies dominating the market are AWS, Microsoft Azure, and Google Cloud.
Services Provided by Cloud Providers
Amazon Web Services provides on-demand cloud services to enterprises all around the world on a pay-as-you-go basis. AWS is used by platforms like Slack and Netflix to provide continuous uptime 24 hours a day, seven days a week. Even when COVID-19 has a negative influence on enterprises and the workforce, AWS is assisting its clients in handling the surge in demand while working from home. AWS’ services comprise networking, storage, remote computing, mobile development, email, analytics, and security, to name a few. It provides a Virtual Private Cloud (VPC) that does not interact with other networks, enhancing virtual privacy. In addition, Identity and Access Management (IAM) is an AWS introductory feature. This feature makes it easier to create groups of users.
Google Cloud is a collection of cloud computing services that run on Google’s infrastructure for its user-centric products. Computing, storage, analytics, and machine learning (ML) are among the cloud services it offers. Networking, Big Data, the internet of things (IoT), management tools, security, and Cloud AI are among the platform’s other features. Google cloud services are built on the same infrastructure as Google’s other end-user products, such as YouTube, Gmail, and Google Search. Furthermore, it permits cloud resource pooling – this is a service that allows the provider to give interim services to a large number of clients. It also has a multi-layered security mechanism in place to keep critical information safe.
Microsoft has the largest enterprise customer base of the three main companies, owing to widespread adoption of Microsoft Windows, Microsoft 365 (previously Office 365), and Microsoft Dynamics. It’s proven simple for many customers to layer new Microsoft Azure cloud services on top of current technologies. Microsoft Azure’s integration with business intelligence tools (especially Power BI), industry-specific solutions (for example, Microsoft Cloud for Retail or Microsoft Cloud for Manufacturing), and a significant focus on enterprise support are all key differentiators. On its website, Microsoft advertises nine separate IoT cloud services. Its key solution for data intake into the cloud via IoT devices is Azure IoT Hub. The service offers secure connectivity with IoT devices as well as device management features including device provisioning.
Impact Of Covid-19 On 5g Cloud And Data Centers
The global health crisis served as a driver for demonstrating the benefits and flexibility of cloud computing, resulting in increased adoption. The pandemic has brought into sharp focus factors such as flexible computing power, high availability, disaster recovery, lower back up and disaster recovery costs, resilient core for business process and business continuity, legacy skill risk, remote workforce management, safe return to work, and business agility, allowing for resilient business functions. According to a recent Flexera survey, Covid-19 has resulted in a considerable rise in cloud spending for 29% of leaders.
The importance of the cloud for organizational continuity with remote workforces and smooth online collaboration has been highlighted by pandemic and remote working scenarios. In all companies, the use of public clouds is rapidly increasing. For instance, in May 2021, PayPal increased its multi-year Google Cloud cooperation as Covid-19 promoted a surge in online payments. This expansion has resulted in a huge increase in public cloud spending, which may have been boosted even further by the COVID-19 outbreak. As per the Flexera survey report, 36 percent of businesses spent more than $12 million per year on IT, and 83 percent reported that they spend more than $1.2 million per year on cloud computing. These percentages are up from last year when 20% of businesses reported annual spending of more than $12 million and 74% reported annual spending of more than $1.2 million.
Furthermore, because of greater access to internet-related services, as well as nationwide lockdowns imposed by governments around the world, demand for data centers surged.
Annual Public Cloud Spend By Enterprises
Source: Flexera 2021 State of the Cloud Report
About the author
Anamika Khanduri is a Market Research Analyst at Knowledge Sourcing Intelligence LLP. She is well-skilled in qualitative research. Her field of expertise is obtaining and analyzing data on worldwide market consumers and competitors. To read more articles by her and for more information regarding multiple global markets, visit www.knowledge-sourcing.com.