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Global Infrared Imaging Software Market to Grow at a CAGR of 11.6% 2017-2021: Key Vendors are FLIR Systems, Leonardo DRS, BAE Systems & RaytheonDUBLIN, June 27, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Infrared Imaging Software Market 2017-2021" report to their offering. The global infrared imaging software market to grow at a CAGR of 11.62% during the period 2017-2021. The report, Global Infrared Imaging Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. One trend in the market is adoption of cloud-based services. Large enterprises and various government organizations are rapidly adopting cloud-based services that ensure a centralized, searchable repository of historical data. Cloud-based services can be used across the world without time and location constraints. Further, the report states that one challenge in the market is intense vendor competition. With the increase in the prices of raw materials and the increased competition among vendors, the profit margins of vendors are expected to decline in the market. The growth of the market is enhancing the entry of new vendors. New vendors focus more on the requirements of end-users, and, hence, develop security solutions based on their requirements, which makes them a preferable choice over the global vendors. Key vendors
Other prominent vendors
Key Topics Covered: Media Contact: Research and Markets |