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The exponential growth of cross-border ecommerce has precipitated the rise of (alternative) payment methods. There is an endless number of payment methods to match all payment contexts (pay in advance, pay afterwards and payment and delivery are at the same time). Choosing the right payment method per payment context, vertical, and country is a key enabler to online sales conversion.

E-commerce Payment is a transaction of buying or selling online. Electronic commerce payment draws on technologies such as mobile commerce, electronic funds transfer, Internet marketing, online transaction processing, electronic data interchange (EDI) and automated data collection systems. It has become increasingly popular due to the widespread use of the internet-based shopping and banking. Payment method security technology, payment customer experience are fast updating all the time. These are also the key features market players engaging to lead the run from all over the whole.

Ecommerce payments, being one of the most rapidly changing industries in the world, is constantly in a state of flux. The key factors driving the market are changing consumer behavior and expectation and Ecommerce developments. The growing number of payment services worldwide may be attributed to the fact that payment services are always subject to the context in which they are used. Innovations in technology has also giving a boost to the global e-commerce payment market. The factors restraining the market are cash based transactions and Increasing Online Fraud Globally Is Affecting the E-Commerce Payment Industry. Whereas Collaborations Among E-Commerce Companies and Local Payment Service Providers have given boost to the market and act as an opportunity for the global e-commerce payment market.

Geographically, the e-Commerce Payment Market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The e-Commerce Payment Market size and forecast period for each region has been estimated from 2018 to 2025. Additionally, the CAGR (%) for the forecasted period 2018 to 2025. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by Type, Industry Verticals, and regions supports in evaluating the present scenario, growth prospects and the future scenario for the e-Commerce Payment Market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.

Some of the key players operating in the e-commerce payment market include PayPal Holdings, Inc.; Amazon Payments, Inc.; CCBill, LLC; and WePay Inc.; Alipay; Visa, Inc.; MasterCard Incorporated; Stripe Inc.; American Express Company; and UnionPay International Co., Ltd. among others.


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Social media analytics are analytics tools mainly applied for making business decisions. These analytics gathers data from social media websites and analyzing that data. The most common use of social media analytics is to mine customer sentiment to support marketing and customer service activities. These analytics helps us in forming, understanding and lastly leveraging communities for societal activities and business offerings. Social media analytics are now widely used and are considered as major part for business and as a marketing tool. Globally, all the major business is using social analytics in order to improve their products and services and also for gaining actionable insights on consumer’s perception and preferences. The utilization of social media analytics allows users to mine and decipher vast amount of data from various social media platforms, such as Facebook, Twitter, and Instagram, among others.

Social Media Analytics market is increasing gradually due to growing usage of text analysis for refining customer experience and development of image analysis solutions. Moreover, increased varied features and functions available on analytics platform which makes customer demand for customized dashboards and other features within the licensed price.

The major driving factors for social media analytics are tremendously growing social media users and Increased focus on the market and competitive intelligence. With the evolution of digital technologies, people have started using social media mainly for online shopping, communication, and for other social connectivity activities. These have encouraged enterprises to adopt social media analytics solutions in order to understand the needs and demand of users and profitability of their product. O? the 7.3 billion global population worldwide, social networking has 2.3 billion active users which has seen a rise of 176 million from 2016.

The key challenges are Lack of standard measures for social media analytics. Other challenges are lack of supportive technologies due to which legacy architecture cannot implement social media analytics and lack of expert IT personnel for social media analytics.

The Global Social Media Analytics Market is segmented on the basis of End-Users, by end-users and by region. On the basis of End-Users, the global social media analytics market is segmented as Customer Segmentation & Targeting, Competitor Benchmarking, Multichannel Campaign Management, Customer Behavioral Analysis and Marketing Management. On the basis of End-Users, the market is segmented as Media & Entertainment, Travel & Hospitality, IT & Telecom, Retail and Others (BFSI, Healthcare).  

Based on regions, the global social media analytics market is divided into North America, Europe, Asia-Pacific (APAC), and Rest of the World (ROW). among these, North America, has been leading the global social media analytics Market. Several factors, such as the presence of a large pool of players and increasing partnership between them are influential behind the important growth of this regional market.

The major companies that provide Social Media Analytics are Oracle Corporation, Adobe Systems, Inc., IBM Corporation, SAP SE, Netbase Solutions, Inc., Hootsuite Media, Inc., Tableau Software, Crimson Hexagon, SAS Institute, and Salesforce.com Inc.


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RTLS or Real Time Location System is a combination of hardware, software and service components, which is used for the realtime monitoring, tracking and management of equipments, patients, and staff personnels. The Real Time Location Systems find applications in civil as well as military healthcare facilities. With continuous advancements in healthcare technology, the RLTS are finding increase in adoption in many parts of the world, with developed countries at the pioneering position. Additionally, increasing penetration of Internet of Thing applications in the healthcare industry, is fueling the growth of RLTS market for Healthcare.

The RTLS Market for Healthcare analysis is segmented by product type, technology, facility type, application, and geography. On the basis of product type segment, the market is segmented into hardware, software, and services. The hardware product sub-segment is divided into tags/badges, readers/trackers/access points, and others. Similarly, the software product sub-segment is segmented into application, middleware, and location analytics engine. The services sub-segment is further segmented into consulting, support and maintenance,and deployment & integration services. Among the product type segment, hardware segment contributed a largest market share toward the market in 2017 and is anticipated to undergow steady growth during the forecast period in terms of volume consumption over the globe.

On the basis of technology segment, the market is segmented into RFID, Wi-Fi, UWB, BLE, Infrared (IR), Ultrasound, and Other technologies. Similarly, on the basis of type of facility, the market is segmented into hospitals & healthcare facilities, and senior living facilities. In the facility type segment, the market was dominated by hospital & healthcate facilities in 2017. On the basis of applications, the RTLS market for healthcare is segmented into inventory/asset - tracking and management, personel/staff - locating and monitoring,security & access control, environment monitoring, supply chain management, operation automation/visibility, and others. The environmental monitoring applications are segmented into temperature monitoring, and humidity and air pressure monitoring. By geography, the RTLS Market for Healthcare is segmented into. North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Owing to the presence of large number of healthcare facilitiises in the United States, North America contributed the largest market share to the global RTLS market for healthcare. Additionally, Europe and North America are expected to show steady growth during the years to come. India, China, Japan, and other South Asian countries are anticipated to grow at a exponential rate during the forecast period, with China being the leading market with increase in number of it’s aeging population, along with the need for its ever-growing population. South Africa is also expected to offer good potential for the RTLS Market for Healthcare in the years to come with increasing development and investments in the healthcare industry.

Some of the companies in the RTLS Market for Healthcare market are Airista, Aruba Networks, Borda Technology, Centrak, Cerner Corp., Cetani Corp., Decawave, Ge Healthcare, Identec Group, Impinj, Intelligent Insites, Mojix, Redpine Signals, Sanitag, Secure Care Products, Sonitor Technologies, Stanley Healthcare, Teletracking Technologies, Versus Technology, and Zebra Technologies, among others. The major companies operating in the global RTLS Market for Healthcare are focusing to enhance their product offerings to be the top contenders in the market.


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Globally, there is a wave of artificial intelligence across various industries, especially consumer electronics and healthcare. The wave is likely to continue in the years to come with the expanding base of applications of the technology. The global market for artificial intelligence is expected to witness phenomenal growth over the coming years as organizations worldwide have started capitalizing on the benefits of such disruptive technologies for effective positioning of their offerings and customer reach.

Artificial intelligence has been one of the fastest-growing technologies in recent years. AI is associated to human intelligence with similar characteristics such as language understanding, reasoning, learning, problem solving, and others. Manufacturers in the market witness enormous underlying intellectual challenges in the development and revision of such a technology.

The mobile artificial intelligence market analysis is segmented by on the basis of application, technology node and geography. Based on the application, the market is segmented into smartphones, cameras, drones, robotics, automotive, AR/VR/ and Others. On the basis of technology node, the market is segmented into 20 – 28 nm, 10nm, 7nm and others. In 2016, North America governed the global AI market in terms of revenue, owing to the availability of high government funding, the presence of leading players in the region, and strong technical adoption base. The region is anticipated to dominate the market over the forecast period. Furthermore, the espousal of cloud-based services in countries, such as the U.S. and Canada, is significantly contributing to the regional market growth. AI has been increasingly deployed in North America, followed by Europe, Asia-Pacific, and LAMEA. The highest share of the North America market is attributed to the increase in adoption of this technology in the IT & Telecom industries and rise in number of inorganic strategies by the market leaders in the country for business expansion. The mobile AI market for AR/VR applications is expected to grow at the highest rate between 2018 and 2023. Large tech companies such as Qualcomm (US), Google, Microsoft (US), and Apple (US) have shown their interests in contributing to the growth of augmented technology

Some of the companies in the mobile artificial intelligence market are Nvidia, Intel, Microsoft, IBM, Qualcomm, Apple, Alphabet (Google), Samsung, Mediatek, Graphcore, Cerebras Systems, Cambricon Technology, Deephi Tech., Sambanova Systems, Rockchip (Fuzhou Rockchip Electronics Co., Ltd.), Thinci, and Kneron. The major companies operating in the global market will eventually grab the opportunity presented by the new technology to further enhance their product offerings.


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The digital fault recording system is used in communication system to detect the disturbance, fault and event record sequences which are taken by the safety relays dispersed through a substation. The DFR stores this critical substation information within it for native stations that are archiving as well as troubleshooting the selected data to the isolated enterprise location of the network for the analysis and storing the data permanently. The digital fault recorder allows the capturing of internal safety relay operands and calculate the series of events and fault records. The digital fault recorders are widely used in recording the digital faults that are divided into substations. The digital fault recorders are also implemented in the components available in the large enterprises that widely faulted and recording the disturbance system.

The major factor that will be affecting the global digital fault recorder market will be the rise in demand for back fitting the traditional substations to update the old infrastructure. Also, the growth of digital fault recorder is to be driven by the factor that these days the investment for power transmission infrastructure has been increased globally. It allows the remote monitoring, access to control and coordinate the distribution and transmission components that are installed in the substations.

Considering the multiple aspects for global digital fault recorder market, it can be segmented into multiple points. Firstly, considering the type of DFRs, the market can be segmented into Dedicated DFR and Multifunction DFRs. On the basis of the type of installation they can be divided into Generation installation, Transmission installation and Distribution installation. Furthermore, depending on the voltage capacity on which the digital fault recorder can be operated, then it can be segmented into Less than 66 KV, 66-200 KV and more than 200 KV. On the basis of station type, there can be two types on which digital fault recorder can be divided. They are Non- automated stations and automated stations. On the basis of geography, the major regions that employ digital fault recorder are North America, Europe, Asia Pacific, Middle East & Africa and South America

The leading players, in the global digital fault recorder market are, Elspec LTD, Logic Lab s.r.l, AMETEK Inc., DUCATI Energia Spa, Prosoft-Systems Ltd., ABB Ltd.,General Electric Company, KoCoS Mess Technik AG, Kinkei System Corporation, ERLPhase Power Technologies Ltd., Qualitrol Company LLC, and Siemens AG., Prosoft-Systems Ltd.


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Drip irrigation systems are used to save nutrients and water by application of water to the roots of the plants, right from the above of the soil surface or buried below the surface. The major, goal is to take water directly into the root areas and minimize evaporation. Through these systems water is distributed through a network of pipes, valves, emitters and tubing. Due to the increasing pressure on water conservation, agricultural systems have been emphasized the need for irrigation systems. Drip irrigation system is a useful method as it assists in avoiding water wastage and protects against drought conditions.

The various end-users of drip irrigation systems include Agriculture, Greenhouse, Landscape and others.. Modern irrigation is one of the technological developments in agriculture that has considerable impact on water productivity. Drip irrigation is one such recent innovation of modern agriculture that has an ability to use water more effectively in irrigated agriculture.

The global drip irrigations systems market analysis is segmented by distribution network, by application, and geography.In the distribution network, the market is segmented into tube lines, laterals, valves, emitters, vaccum breakers, water meters, filters, fertilizer tanks and pressure regulators.In the product segment,nitrogenous fertilizers form the largest share of the fertilizers market. Further, the market is segmented by application type which includes farming, greenhouse;landscape,and gardens..By geography, the Drip Irrigation Systems market is segmented into. North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

China, India, and other developing nations are encouraging farmers to use modern methods of irrigation with a view of achieving higher yield. The ever-increasing population in the Asia-Pacific region and the high demand for food are key forces driving the overall demand for drip irrigation systems in the Asia-Pacific region. One of the producers of plastic pipes, Mexichem has acquired to control Netafim in Israel with an agreement that values the drip irrigation enterprise at USD1.895 billion. The major reason for this acquisition is that the Netafim holds advanced technologies which can be used as a basis for smart solutions in other industrial fields. So, Mexichem wants to empower the drip irrigation systems companies that are encouraging growers to produce higher yields of better-quality crops with less water consumption.

Some of the companies in the Drip Irrigation Systems market are NetaFim limited, Jain Irrigation Systems limited, Lindsay Corporation, The Toro Company, Eurodrip S.A Driptech Incorporated, EPC Industries limited, Hunters Industries incorporated, Microjet Irrigation Systems, Nelson Irrigation Corporation, among others. The major companies operating in the global drip irrigations market will eventually grab the opportunity presented by the new technology to further enhance their product offerings.


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3D printing is the process of designing and printing in three dimensional shape and maintaining structure, texture and rigidity of the material. It is the technique where, material is brought into digital designs identical to real world objects, which are tangible with the help of machines called 3D printers. 3D Printing (3DP), also known as additive manufacturing, was developed in the 1980’s as a process used to make 3 dimensional objects. Additive manufacturing (3DP) creates fragments from the ground up by fusing together layer by layers of material.

The complete 3D printing technology can be fragmented into 3 steps – (a) 3D Design (b) Slicing (c) 3D Printing. 3D digital model is the starting point for any 3D printing process in which the digital model is prepared by using various 3D design software or can also be created using 3D scanning. The 3D model is then sliced into split layers by this means converting the design into an information file readable by 3D printer. 3D printer then print this source file layer by layer using the raw material given as input to the 3D printer (3DP). There are a number of different types of 3D printing technologies, which process different materials in different ways to create the final object. Functional metals, plastics, sand and ceramics are all routinely utilized for industrial prototyping and production applications.

The market is gaining traction from a number of factors such as heavy customization where multiple individualized items can be manufactured simultaneously, saving time and energy while improving efficiency over the forecast period. The major benefactors benefitted from the technology include advanced prosthetics and concept visualization. Furthermore, factors enhancing the market include technological developments for enhanced flexibility, and rising demand driven by the increasing developments coupled with enabling faster designs and favorable funding in developed economies. However, High cost of equipment, lack of infrastructure, and lack of an international standards body regulating manufacturers may restraint the market.

          

The 3D printing market based on use has been sub segmented into commercial and personal. Commercial utilization segment, which serves as the most significant amount of demand, includes rapid manufacturing, rapid prototyping, mass production, and mass customization. On the counter prospective, personal applications involves printing 3D objects in-house for personal use. The commercial segment accounts for major demand-share, contributing to major amount of revenue.

On the basis of Technology, the global 3D printing (3DP) market is segmented into Polyjet, Selective Laser Sintering (SLS), Fused Deposition Modeling (FDM), and Stereo Lithography (SLA). PolyJet technology accounts for major of the total market share, and is expected to exhibit an exponential growth rate. Fused Deposition Modeling (FDM) segment is the second most prominent shareholding segment, and dominates the 3D printing market in terms of volume shipment. FDM is also widely utilized in a variety of industrial applications, from consumer goods to automotive. Further, the 3D printing market is bifurcated based on application, which is segmented as consumer products and electronics, medical, automotive, industrial, aerospace, military and defense, education, and architecture. Consumer product segment holds the maximum demand, trailed by the automotive sector, wherein 3D printing (3DP) is utilized to design a number of parts for automobiles. Few examples of vehicles interior parts are engines, gearbox handle, shafts, gears, brakes and spare parts and external parts such as window frames, doors, camshafts, body parts, steering rack, head and taillights.

Geographically, the 3D printing (3DP) market is bifurcated into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Among these regions, North America is expected to hold the largest market share of the 3D printing. Increasing household and commercial utilization among consumers is anticipating to contribute for the growth. Moreover, the capability of 3D printers to print on demand structures, materials, objects is expected to contribute to the fastest growth of the –Asia Pacific market over the forecast period.

Major market players in the global 3D printing includes, TNO, Stratasys Ltd., 3D Systems Corporation, EOS GmbH, Materialise NV, SLM Solutions Group AG, Arcam AB, Concept Laser GmbH, The ExOne Company, Voxeljet AG, Proto Labs, Inc., Optomec Inc., ARC Group Worldwide, Inc., GROUPE GORGÉ, EnvisionTEC GmbH, Mcor Technologies Ltd., Beijing Tiertime Technology Co. Ltd., Renishaw plc, XYZprinting, Ultimaker BV, Koninklijke DSM N.V., Höganäs AB, taulman3D, LLC, Nano Dimension, Carbon Inc., Markforged, Inc., and Cookson Precious Metals Ltd. among all the others.

07
Jun
18

The global virtual reality (VR) market was estimated as USD 1.41 Billion in 2016 and is expected to reach USD 63.12 Billion by 2025, growing significantly with a CAGR of over 52.8% during the forecast period. Growing applications of virtual reality technology and associated devices across wide areas, such as aerospace & defense, commercial, consumer electronics, industrial and medical field and increasing interest of large technology companies in virtual reality is fuelling the growth of the market. Moreover, easy availability of head-mounted displays and other hardware components are driving the growth of virtual reality industry.

Virtual Reality is a three-dimensional, computer generated environment which can be explored and interacted by an individual. There are wide varieties of applications for virtual reality which includes architecture, sport, medicine, arts, entertainment and gaming, and healthcare. Moreover, with sound and vision, companies are also working on integrating more intelligence into the VR, to enhance their experience. Increasing trends in the virtual reality industry are related to the field of e-commerce. E-commerce companies have started adopting VR to enhance shopping experience for customers. Moreover, advertising companies are using VR to attract users to market their products. However, the high cost of virtual reality devices is the main factor obstructing the growth of this market.

Growing use of Head Mounted Displays is driving the VR market

The global virtual reality market is bifurcated based on the device, components, technology, application and region. Based on the device, the market is segmented as head-mounted display (HMD), gesture tracking devices (GTD) and projectors & display walls (PDW). Decrease in the prices of HMD has led to growth in the use of HMD devices, in the field of consumer goods, commercial, medical, industrial sectors among others. Owing to this, the segment is expected to grow at the fastest pace during the forecast period. Moreover, the use of HMDs in applications such as education and training, are the factors fuelling the growth of the virtual reality industry.

Further, based on the components, the market is segmented as hardware components and software components. Hardware segment is the dominating segment, contributing a major share to the overall revenue, owing to the low cost of the electronic components as well as vast use of sensors. Few disruptions in the VR technology, which are expected to have huge impact on the hardware market size, while the software is anticipated to dominate the components segment over the forecast period, due to easy and simple interface.

Based on the technology, the market is bifurcated as non-immersive and semi & fully immersive technologies. The semi & fully immersive VR technology was the largest segment in terms of size, during 2016 and is anticipated to continue dominating the market over the forecast period. This is due to the rising preference of HMD-based VR devices, which are employed with semi & fully immersive technology. Based on the applications, the market is segmented as aerospace & defense, commercial, entertainment and gaming, industrial, healthcare and others. The application in the field of entertainment and gaming accounted for the largest market share, owing to its high penetration in the gaming industry. Commercial application is projected to be the second-largest application segment to grow during the forecast period, due to the rising demand for virtual reality devices for educational training.

Rising number of startups in developing countries is driving the growth of the Virtual Reality Market.

North America region is expected to dominate the virtual reality market, owing to the increasing interests of companies and huge investments by the major players in VR technology in the region. The Asia-Pacific market is valued to grow at the fastest pace, due to the increased numbers of startups in developing countries such as China, India, Japan, and South Korea. Therefore, increased acceptances for the VR technology in the APAC region are the factors driving the virtual reality industry.

Major Players in the global virtual reality market include Oculus VR LLC., Sony Corporation, HTC Corporation, Samsung Electronics Co., Ltd., EON Reality Inc., Google Inc., Microsoft Corporation, Vuzix Corporation, CyberGlove Systems Inc., Sensics, Inc., Leap Motion Inc., and Sixense Entertainment, Inc. Recently in May 2018, Microsoft announced the launch date of its two enterprise apps on the HoloLens. The company also announced the launch of twor more apps Remote Assist and Layout on May 22. Other players are similarly involved in research & development, acquisitions, expansions and collaboration for their strategic growth.

02
Jun
18

The global location of things market was estimated as USD 5.4 Billion in 2016 and is expected to reach USD 71.3 Billion by 2025, growing significantly with a CAGR of over 33% during the forecast period. Increasing penetration of Internet of Things (IoT) and connected device technologies, rising significance of spatial data and growing adoption of location-based applications across various industries are the major factors fuelling the growth of the market.

The location of things (LoT) is a subcategory of the internet of things where location acts as an organizing principle for anything that is connected to the Internet. The location of things is an aspect of the IoT, which allows the things to sense and communicate their geographic position to other things. The concept of LoT has allowed connected devices to monitor and communicate their geographic location for transferring the information. The systems enabled with IoT sensors and location technologies, are embedded into various connected devices allowing organizations and service providers to collect a variety of data over the network.

The LoT is based on the concept of foundational challenge of transforming data into knowledge. It requires a new set of supporting location analytics that existing business intelligence analytics tools cannot support. The main goal of location analytics is to utilize thing’s location, proximity, and distance to understand business impact over time. Issues related to privacy and security such as unauthorized access, system malfunctions, fraud and other risks are expected to hamper the growth of the market.

             

The global location of things market is bifurcated based on location, application, vertical and region. Based on the location, the market is segmented as indoor and outdoor location. Indoor location segment is expected to grow at a higher CAGR during the forecast period. Indoor location technology was introduced due to the incapability of GPS of receiving signals through the hard walls. This system is helpful in visualizing visitor’s behavior and preferences indoors.

Further, the market is segmented based on the applications such as mapping & navigation, location based customer engagement & advertising platform, location based social media monitoring, IoT asset management and IoT location intelligence. Mapping and navigation applications are estimated to dominate the market in terms of revenue, with largest market share among all the others. The IoT location intelligence application is anticipated to grow at the highest CAGR during the forecast period, owing to increasing business applications of LoT in the market.

Based on the vertical, the LoT market is sub segmented as government & public utilities, defense, retail, transportation & logistics, industrial manufacturing, healthcare & life sciences, BFSI, media & entertainment and others. The retail, transportation & logistics segment is anticipated to grow with the highest pace during the forecast period. Retail is about integrating advanced technologies with the existing infrastructure, delivering real-time offers to customers. While, transportation and logistics is about maximizing product distribution and discovering opportunities to reduce costs of selling products and improving customer relationships by linking location-based technology with retail, e-commerce and logistics.

Depending upon the geographical bifurcation, North America region was projected as the leading market for location of things during 2016. Technological advancements by Google and Microsoft, robust internet infrastructure and durable sensor technology and network communication are leading to various innovative location-based solutions, which are driving the growth of LoT market in North American region.

The prominent players involved in the development of LoT industry includes, Google, Qualcomm Technologies, Intel Corporation, Trimble, Pitney Bowes, Bosch, Wireless Logic, Navizon, Inc., TruePosition Inc., Ubisense Group PLC, IBM Corporation and Microsoft Corporation among all the others. On September 26, 2017, Pitney Bowes Inc. announced an extension of its data and software solutions, which incorporates address, location and customer data information to create a single view of a customer. This will allow spectrum technology included in location intelligence segment to deliver a set of skills to transform business and infrastructure data into insights. This may help public and private organizations to use this data and provide better experiences to individuals they serve. Other players are similarly involved in research & development, expansions, acquisitions and collaboration for their strategic growth. For instance, Intel acquired Basis, which has enabled the company to gain an easy entry to the IoT market.


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Positioning System is a tool for determining the location of an individual or object. The technology requires global coverage and sharp accuracy to achieve the exact location. For instance, Google Maps, which is one of the positioning and navigation systems, helps individuals to find their exact location as well as path towards their destination. However, the system offers satellite view of the region under navigation. The virtual positioning system is completely different system, along with the basic navigation and positioning feature, since it offers live scenario, i.e. live location and orientation with respect to surrounding environment in the phone.

Generally, virtual positioning system uses computer vision to accurately estimate the position of user's phone. The system uses various sensors and sensory cues among vision cues, 3D sensors, depth sensors, camera systems, etc. The system mainly utilizes phone’s sensor’s and camera’s and has a particular software to demonstrate its significance. Furthermore, the system is integrated with virtual and augmented reality features; which requires precise position approximation to intersect virtual content onto physical shops, and tourist attractions in cities.

The currently implemented virtual positioning systems covers entire city and the VPS software decodes camera input that captures images of the city. Later, images encode location coordinates as well as, the angle at which markers are read and helps determining the height and distance to them, which yields a 3-dimensional location with accuracy.

The global virtual positioning system market is bifurcated on the basis of technology, type, solution, application and region. Based on the technology, the market is segmented as computer vision, augmented reality and others. Computer vision is the technology, which utilizes computers for gaining high-level understanding from digital images or videos. It seeks to automate tasks, similar to any human visual system. Computer vision tasks include techniques for acquiring, understanding, analyzing and processing digital images as well as extraction of high-dimensional data from the actual world for generating numerical or symbolic information, e.g., in the forms of decisions. Augmented Reality is a direct or indirect live view of real-world, physical environment whose elements are enlarged by computer-generated perceptual information.

Based on the types, the market is segmented as, indoor positioning system and outdoor positioning system. Indoor positioning system locates objects inside a building or outlet, institutes using sensory information collected by smart phones. Whereas, outdoor positioning system helps us navigate and locate different locations, routes, across the city virtually through the phone’s screen. Outdoor systems find its application for outdoor mapping, drones, and military robotics.

Further, based on the solution, the market is segmented as tracking, navigation, industrial solutions and others. Among various solutions, Navigation solution is projected to acquire major share for virtual positioning systems due to the rapid growth in tourism, infrastructure development, retail sectors, transportation and logistics, etc.

The market is further segmented based on applications as, commercial, military & defense and others. Commercial segment is anticipated to account for the highest market share over the forecast period, owing to the rise in industrial automation in logistics & warehouse management. Additionally, commercial applications comprise of healthcare and navigation in retail stores. The system can be used in military applications, to acquire information regarding to the restricted areas. Geographical segmentation of the market is based on the regions, which includes North America, Europe, Asia Pacific, Middle East and Africa and Latin America. It also includes countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil.

The prominent players involved in the development of virtual positioning system include, Google, Blippar, and other startup companies such as fantasmo. Google in May 2018, unveiled the visual positioning system whereas, Blippar launched its urban visual positioning system in 2017. Fantasmo is still involved in research & development phase and is expected to launch the product soon.


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Smart glasses are wearable glasses with integrated computer which supports Bluetooth, Wi-Fi and GPS. These glasses possess all the features of a smart phone and can display the information on glass screen. Moreover, they also offer functions such as activity tracker that tracks heartbeat counts, calories burned, distance covered, etc.

Smart glasses are employed with various technologies consisting of wearable computing, 4G technology, android technology, virtual and augmented reality, eye tap technology, etc. The smart glass also has a video display, a camera, a speaker, touchpad, and microphones. The glasses have gained importance owing to their ability of thermal & acoustic insulation, energy conservation, along with 3D design proposition. Human computer interface control, which allow the individual control the product can be provided through three main inputs, which includes hand-held, touch, and touchless input. This consists of touchpad or buttons, compatible devices (e.g. smartphones or control unit) for remote control, speech recognition, gesture recognition, eye tracking and brain computer interface, etc. Several companies have launched their smart glasses including Google’s Google glass, Microsoft’s Hololense, Vuzix’s Smart glasses, etc.

Growing demand for smart glasses in healthcare applications, emerging applications of smart glasses integrated with virtual and augmented reality are the major factors fueling the growth of global smart glasses market. Additionally, rising demand of head-mounted display in entertainment and gaming sector is also projected to enhance the demand for smart eyewear technology over the forecast period.

The smart glasses market is bifurcated based on the display technology, operating system, application and region. Based on the technology, the market is further segmented as diffractive waveguide, holographic waveguide, polarized waveguide, reflective waveguide and others. Diffractive waveguide consists of slanted diffraction grating elements and Holographic waveguide has three holographic optical elements (HOE) packed together. This technology is used by Sony and Konica Minolta. Polarized waveguide consists of six multilayer coated polarized reflectors in glass package, while reflective waveguide is thick light guide with single semi reflective mirror whereas Epson employs this technique in their Moverio product.

The market is further segmented based on the operating system as android, windows and others. Android is expected to have largest market share and is expected to continuously grow during the forecast period. Android is the most used OS, as most smartphones are powered with android, which are connected to smart glasses. Among the major smart glass providers, almost all of them including Google glass, Vuzix, etc. are powered by android systems.

The global smart glasses market is further categorized based on its application, which includes consumer enterprise, manufacturing, healthcare, military & defense, warehouses, construction and architecture and others. The application of smart glass in construction sector is developing, the process of sight visit, the certification process can be omitted by using the glasses on a construction site or in the field, and anyone can connect from afar for sightseeing. Smart glass’s application in healthcare is expected to be the most dominating segment and are now combined with virtual and augmented reality, thus helping to treat patients with mental disorders

Geographically, the smart glasses market is bifurcated into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. It also includes countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. North America is anticipated to dominate the market, in terms of revenue, as major players investing in the technology belong to this region, as well as, increasing research and development work in North America, due to availability of major research institutes and laboratories in the region.

Major players in the global smart glasses market includes, Microsoft, Google, Vuzix, Toshiba, Epson, Samsung, Chemion, Wiseup and Phevos,. In May 2018,Toshiba commercialized their first wearable AR smart glasses, which are designed for business and industrial applications. The Toshiba dynaEdge AR is a highly-integrated solution, which consists of a head mounted display, a PC module and software that are designed to offer out-of-box functionality and supporting custom applications.

22
May
18

The global agriculture equipment market was estimated as USD 140.4 Billion in 2016 and is expected to reach USD 233.4 Billion by 2025, growing significantly with a CAGR of over 5% during the forecast period. Increasing demand for food supplies, growing adoption of modern technologies by farmers to upsurge farm yields and rising demand for organic food stuffs are major factors driving growth of the market. Agriculture and farming are the major source of food generation. Agriculture is the process of cultivating land to grow crops and plants to fulfill the food supplies.. There are vast developments in the field with respect to machineries, tools, farming techniques, soil types, fertilizers, etc. 

There are various types of equipments, from hand tools and power tools to tractors and other machineries for tilling the ground, and for sowing the seeds. Agricultural equipments have witnessed a major evolution in few years. Earlier, people used stone tools for farming and then shifted to iron tools and later on, semi-automated and automatic machineries were adopted. Traditional tools are now being replaced with various new agricultural equipments, which generally include crop processing equipment and drip irrigation equipment. The machines are combined with GPS locators, self-steer platforms that allow the advanced tractors and implements to be precise and utilized proper fuel, seed, or fertilizer and computer monitoring systems. Furthermore, driverless tractors, implying GPS maps and electronic sensors are expected to be launched in the market over the forecast period. The key factors restraining the growth of the agriculture equipment market are high agriculture machinery cost.

                          

The global agricultural equipment market is bifurcated on the basis of product, application and region. The agricultural equipment industry, based on the product, is segmented as farm tractors, harvesting machinery, planting and fertilizing machinery, plowing and cultivation machinery, haying machinery and others which include parts, attachments, etc. Farm tractors are anticipated to account for the largest market share owing to the multi-purpose utilization of farm tractors. The farm tractors are very useful for agricultural as well as non-agricultural purpose; they are utilized as agricultural equipment and for other transport and commercial purposes.

Based on the applications, the agricultural equipment industry is segmented into land development & seed bed preparation, sowing & planting, weeds cultivation, plant protection, harvesting & threshing and post-harvest & agro processing. Land development & seed bed preparation is projected to acquire the highest market share in 2016. However, harvesting & threshing segment is anticipated to witness the fastest growth over the forecast period. The major reason behind the growth of this market is scarcity of labor, as people are opting for other jobs, instead of field work.

Geographically, the agricultural equipment market is bifurcated into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Among these regions, Europe is anticipated to dominate the market, in terms of revenue. However, Asia Pacific is expected to be the fastest growing market, owing to the rising demands of food supply due to increasing population and the climatic conditions are favorable for agriculture. Moreover, in several countries, government is providing enormous support to farmers to initiate modern farming techniques by helping them to purchase agricultural equipments at less cost or by taking loans. For example, in India, the Rashtriya Krishi Vikas Yojana supports farmers for buying tractors and other equipments at subsidized rates. In European and American countries, government is taking the initiative to educate farmers and provide assistances for using various agricultural techniques and equipments to increase the efficiency and yield. All these factors are generating a huge demand for agricultural equipments.

Major players in the global agricultural equipment market includes, AGCO Corp., CNH Industrial N.V., Iseki & Co., Ltd., Same Deutz-Fahr Group S.p.A. (SDF), J.C. Bamford Excavators Limited, Kubota Corporation, Mahindra & Mahindra Limited, and Deere & Company, among all the others. John Deere, the UK based tractor manufacturing company, has launched a new lawn tractor in September 20187 at Saltex-2017. This X940 series is suitable for a wide range of services such as farming and other commercial purposes.


Upcoming

5G Technology is a fifth generation wireless network technology which is based on the IEEE 802.11ac standard. The technology is in the developing phase and is expected to reach commercial market by 2020. 5G technology offers features such as, increased peak bit rate, larger data volume per unit area, low cost of infrastructure development, higher reliability of the communication and better connectivity, irrespective of the geographic region. The primary technologies included in 5G include millimeter wave bands (26, 28, 38, and 60GHz) offering high performance, as high as 20 gigabits per second (Gbps); and massive multiple input multiple output (MIMO), with 64-256 antennas, which offers ten times higher performance over 4G networks, using frequencies from 600MHz to 6 GHz, especially the 3.5-4.2 GHz frequencies. 5G technology is expected to be the most important technology for developing artificial intelligence, drones, self-driving vehicles, robots and other machines that transmit massive data in real time

The main evolution in technology as compared to 4G is the improved data speed. Also, the new 5G technology offers low latency, as low as one millisecond, which provides real-time interactivity for services using the cloud and IoT platform. Moreover, the 5G technology includes advanced LTE and Wi-Fi coupled with new technology that easily sets with machine control and augmented reality operations. The technology is designed to offer low power consumption, which will help the connected devices to operate for longer time span, in comparison to their earlier operational timings. Increasing demand for high data speeds, rising broadband services over mobile networks and achieving stable growth in the mobile data traffic are few major factors driving the growth of global 5G technology market.

The global 5G technology market is bifurcated on the basis of technology, application and region. Based on the technology, the market is segmented as Radio Access Technologies (RAT), WI-FI, High-Speed Package Access (HSPA), Global System for Mobile (GSM) and Worldwide Interoperability for Microwave Access (WIMAX). On the basis of applications, the industry is classified as healthcare, telecom and consumer electronics, retail, home automation, energy & utility, automotive, industrial automation, intelligent buildings and infrastructure and public safety & surveillance. 5G technologies is giving rise to various new applications in the field of automation, energy and utility.

Geographically, the market is segmented based on the regions, which includes North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Furthermore, the regions are also bifurcated into major countries/regions which include the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. North America is expected to be the largest market for 5G technology among all the regions, as major technological developments are evolving in this region. In July 2016, the Federal Communications Commission (FCC) in the U.S. begun to allocate the bandwidth in the underutilized high-band spectrum for the next generation of wireless communications. In 2017, AT&T, Intel, Nokia, Samsung and Ericsson collaborated for millimeter wave testing in an ultra-fast 5G network experience, which could deliver multi-gigabit speeds using an undeveloped band of spectrum. These 5G trial’s collaboration included video streaming, download, and conferencing experiences, enterprise customers streamed premium live TV service and speedy broadband services over a fixed wireless 5G network.

Moreover, countries such as Korea, China and Japan have also begun experiments involving the actual application of 5G across several areas. South Korea deployed 5G technology during the 2018 Winter Olympics in February and while, in the United Kingdom, Vodafone started testing a new 5G spectrum on the 3.4 GHz frequency range in April 2018.

The prominent players involved in the development of 5G technologies, includes Samsung, Intel, Qualcomm, Nokia, Huawei, Ericsson, ZTE, Ooredoo, AT&T, Alcatel-Lucent, Telefonica, Orange and Verizon Communications, among all the other players. Ooredoo, an international Telecommunication company, based in Qatar launched 5G commercial network in May 2018 and became the first company to launch 5G technology commercially globally. The players are also involved in research & development, acquisitions, expansions and collaboration for their strategic growth.

18
May
18

The global Intelligent Virtual Assistant market was valued at USD 1.20 Billion in 2016 and is expected to reach USD 19.9 Billion by 2025 growing at a CAGR of over 36% during the forecast period. An Intelligent Virtual Assistant is a smart system which performs tasks as per the users’ demand. It is a solution that simplifies user interaction with personal computers, smartphones, SMS, messenger and other interfaces. IVA systems use various interaction methods, which include text-to-text, speech-to-text, among others to assist users in executing their tasks, either for some useful purposes or for entertainment purpose. Apple’s Siri, Amazon Alexa, are few well-known intelligent virtual assistants.

The global intelligent virtual assistant market has witnessed explicit growth and is poised to demonstrate vigorous growth during the forecast period. Increasing penetration of smartphones and growing adoption of IVA devices and services by large enterprises is propelling the growth of the industry. Increasing demand for automation in offering the uninterrupted support services for customer and growing adoption in smart home systems which include music players, wireless connected thermostats, air conditioners and others is further projected to propel the industry growth. However, lack of accuracy in the system design and personalization option is expected to restrain the industry growth.

Automatic Speech Recognition Technology is anticipated to grow significantly over the forecast period

The global intelligent virtual assistant market is segmented on account of the technology which include text based, text-to-speech, automatic speech recognition (ASR) and others. The automatic speech recognition contributes majorly to the industry share owing to the deployment in smart speakers. Smart speakers are gaining traction and have huge demand due to ASR feature, which are generally used for listening to songs.

Furthermore, based on the products, the IVA market includes chat-bots, IVA smart speakers and smart watches. IVA smart speakers are anticipated to dominate the product segment of IVA industry owing to increasing adoption of home automation systems and rising application of personalized appliances.

Based on services, the market is segmented into customer service and marketing assistant. The customer services segment contributes to the largest industry share. Large numbers of enterprises are investing on the application of intelligent assistants to engage customers in automated conversation by answering questions and completing the transaction.

             

Consumer Electronics is projected to dominate the vertical segment, during 2017-2025

The global intelligent virtual assistant market based on vertical is divided into consumer electronics, BFSI, healthcare, education, retail, travel and hospitality, government, utilities and others. The consumer electronics sector was the largest application area, followed by BFSI sector in 2016. Consumer Electronics is also projected to witness the highest growth for IVA over the forecast period, attributed to growing application of IVA in smartphones and smart watches.

Based on the type of IVA, the market is segmented as rule based IVA and conversational AI based IVA. Conversational Artificial Intelligence based type of IVA accounted for the highest industry share in 2016. The segment’s market is expected to grow significantly over the forecast period owing to the self-learning ability of AI-based IVA with the help of deep learning and neural networks. However, rule-based IVAs answer basic and limited types of queries, and have limited scope of development.

North America is expected to be the fastest growing market, during 2017-2025

North America is estimated to be the dominant region in the global intelligent virtual assistant market and the growth is attributed to the increasing adoption of technological advancements by the companies in these regions. Major companies acting as the driving forces for the technology include Google and automobile manufacturers such as BMW, are investing heavily in IVAs.

In March 2018, Verint Systems Inc., a US based customer engagement company, launched new customer self-service capabilities, which includes intelligent virtual assistants (IVAs) and enterprise chatbots powered by an open, modular Artificial Intelligence (AI) engine. Verint Intelligent Virtual Assistant allows companies to engage at critical moments to help customers make a purchase, get more information or resolve an issue, while receiving a high-quality experience.

Few other players dominating the global intelligent virtual assistant market includes Microsoft, Nuance Communications, Samsung Electronics, Alphabet, Apple, Amazon, International Business Machines (IBM), Facebook, Cognitive Code, Artificial Solutions, Mycroft Ai, among all the others.

12
Apr
18
Over the Top (OTT) Market was anticipated at USD 28.02 Billion in 2015, and is predicted to reach USD 118.51 billion by 2025, with the CAGR of over 15% over the forecast period. Rising adoption of device based computing and varied availability of global broadband infrastructure are the major drivers of OTT Market. Rapid computerization in banking system, high speed internet availability, increasing E-commerce sector, growing trend for Omni-channel retailing and preference of online media over traditional TV are considered to be the notable trends propelling the OTT market over the forecast period. 

Growing trend of cord cutting and high penetration level of smart devices across the globe is expected to positively influence the industry. OTT enables users to access desirable content promptly and has been anticipated to break the barriers of expensive and inflexible content sharing techniques. Original content by leading OTT companies, such as Netflix and Amazon has proved to be successful in the market and has encouraged the market leaders with proprietary content to investment in producing more content uniquely.

Text, images, VoIP and Videos are few of the forms of OTT used by large number of population, although, video content sharing and video streaming are popularizing exponentially across the globe. Rapidly increasing large viewers’ population and expansion of user base in different regions has led to the increased competition in the industry. The key factor spurring the growth over the forecast period includes rising smartphone users, household broadband penetration, and rise in internet users. Furthermore, growth in global advertisement spending on internet, rising economic growth and cloud services are also positively impacting the market. However, OTT segment has been altered owing to high competition, regulatory imbalances, cost incentive, and legal & regulatory issues.

On the basis of platform segment, the report displays the market share, revenue, and growth rate of each type, primarily split into

•    Smart Devices (Smart TV and smartphones)
•    Laptops
•    Desktops
•    Tablets

Growing access to the internet has led to the enhanced growth in Smart Devices segment

Smart devices and desktops have augmented new applications and technologies allowing customers to access internet and download media files and stream live content regardless of time and place Google Chrome cast, Amazon Fire TV Stick, and Apple TV are few smart streaming devices overcoming various challenges by enhancing home entertainment solutions with internet-connected device platforms and allowing access to streaming online content to TV Additionally, various smart TV manufacturers including Sony Corporation, Samsung Electronics Co. Ltd., Panasonic, and LG Electronics Inc., are developing apps in collaboration with streaming media device companies, such as Amazon, Apple, and Roku, to deliver OTT content and services as standard product package. 

Based on services type, the report includes the market share, revenue, and growth rate of each type, primarily bifurcated as

•    Consulting 
•    Installation & maintenance
•    Training & support
•    Managed services

Based on revenue model, the report includes the revenue, market share, and growth rate of each type, primarily segmented as

•    Subscription
•    Rental
•    Procurement
•    Advertisement

On the basis of deployment model, the segment includes the market share, growth rate and revenue, of each type, primarily divided into

•    Cloud 
•    On-premises

Global OTT corporations have started concentrating on revenue generation and enhancing cloud services. The market players additionally offer various resources including infrastructure platform, and bill customers on an hourly or monthly period to the customers. The benefit of cloud-based content application is leveraged growth of real-time communication along with improved performance and reduced costs.

On the basis of End-User, the market has been segmented into 

•    Banking, Financial Services, and Insurance (BFSI)
•    Media and Entertainment
•    IT and Telecommunication
•    Healthcare 
•    Education
•    Government
•    Retail 
•    Others

Geographically, the global market has been segregated into Asia Pacific, North America, the Middle East & Africa, Europe, and Latin America. Market share, revenue (Billion USD), and growth rate for these regions, from 2015 to 2025 (forecast) are: 

•    Asia Pacific: China, Japan, India and Rest of Asia Pacific
•    North America: U.S., Rest of North America 
•    Middle East & Africa: GCC, North Africa, South Africa and Rest of MEA
•    Europe: Germany, France, UK, rest of Europe
•    Latin America: Brazil and Rest of Latin America

North America is expected to acquire the major share of the market

The North America market has been anticipated to account for the largest revenue share of the global OTT market and has been expected to retain the dominance over the forecast period. Continuous adoption of OTT across the U.S. supported by various factors, including rising broadband penetration level, success of media companies such as Amazon and Netflix in the regional market, and consumer willingness to pay for the content is projected to fuel the market over the forecast period. 

The growth in the Latin America OTT platform has developed the regional pay-TV platforms leading to introduction various “TV Everywhere” services by international broadcast group, including ESPN Play, Fox Sports Play, Globosat Play, and Telecine Play across Chile, Brazil, Mexico, and Colombia. Some of the prominent key players in over the top market are Akamai Technologies Inc., Amazon.com Inc., Microsoft Corporation, Apple Inc., CBS Corporation Inc., Limelight Networks, Facebook Inc., HBO NOW, Google Inc., Hulu LLC., Netflix Inc., and Roku Inc.


Upcoming
Waste to energy (WTE) is the waste treatment process of producing electrical or thermal energy from primary treatment of wastes. Incineration, gasification, pyrolysis, fermentation, mechanical biological treatments (MBT) are few methods implemented to produce the energy. Landfill space in cities is at a premium and is surrounded by major population, henceforth by burning wastes, volume and weight reduced, resulting in production of electrical and thermal energy. Combustion reduces the volume of wastes by 90 % and weight by 75 %. The heat generated by burning the waste material can be used directly for heating, steam production or electricity generation. 

WTE technologies can be applied to several category of wastes varying from liquid (e.g. domestic sewage) to semi-solid (e.g. thickened sludge from effluent treatment plants) and gaseous (e.g. refinery gases) waste. Moreover, the most known waste technologies application is processing the Municipal Solid Waste (MSW) used for incineration in a combined heat and power (CHP) plant.

Increasing waste generation, growing concerns of environmental issues, high energy costs, and restricted landfilling capacities are few drivers anticipated to spur the market over the forecast period. WTE technology has been projected to resolve such concerns by reducing the waste volume and reducing the greenhouse gas emissions. Increasing population rates, rapid growing urbanization and economic growth are significantly changing the landscape of domestic solid waste, waste composition and treatment technologies in terms of power generation. According to World Bank report, the global MSW generation is around 1.3 billion tons per year on an average of 1.2 kg/capita/day, increasing the global demand. 

Diminishing fossil fuel accompanied by the fluctuating crude oil prices is expected to spur the need for petroleum substitutes for power generation. Additionally, rigorous R&D activities towards technological advancement to use MSW for power generation by substituting fossil fuel is enduring, which in turn is estimated to pave massive technical feasibility and environmental benefits to catalyze the waste to energy market growth over the forecast period. Furthermore, technological advancements, legislative, social, and policy shifts, primarily by European governments, coupled with high initial cost involvement have substantially affected the technology growth.

As per World Energy Council, Biological WTE technologies has been estimated to experience faster growth of around 9.7% per annum, since few novel technologies such as anaerobic digestion are becoming commercially viable and have penetrated the market globally. Furthermore, rising demand to increase renewable energy production and reduction of Green House Gas (GHG) emissions, along with raising environmental consciousness, has been predicted to have a positive impact on WTE technology development.

The global WTE technology market has been segmented on the basis of technology, and power generation. Based on technology, the market has been segmented as biological and thermal. Thermal technology segment has been further segregated as incineration, pyrolysis, and gasification. Biological technology segment has been further classified as Mechanical biological treatment (MBT), Fermentation, and Anaerobic digestion. Based on power generation, the market has been bifurcated as electrical generation and thermal generation.
                                                                                               
The thermal segment has been anticipated to account for major share of WTE technology industry owing to wide application in power generation through various waste such as Municipal solid waste (MSW), and Synthesis gas (syngas). Thermal technology is considered comparatively simple process coupled with ease of operations. Incineration thermal technology is predicted to have a significant share over the forecast period. Health related issues pertaining to flue gasses emission via thermal WTE technology have been a major challenge for the industry. Biological technologies are estimated to witness significant growth owing to the potential of WTE technologies such as Anaerobic digestion, and fermentation, particularly in developing markets over the forecast period.

Europe WTE market has been estimated to lead the global industry owing to the stringent regulations for minimizing the industrial waste. Germany, The Netherlands and Austria have adopted WTE technologies to utilize industrial waste. Furthermore, Asia Pacific region has been projected to gain largest market share after Europe over the forecast period. China and India sustains huge potential owing to escalating industrial and residential wastes. Increasing industrialization coupled with growing awareness for renewable energy generation is projected to spur the regional growth.

Prominent players operating in WTE technology market includes Abu Dhabi National Energy Company PJSC, Foster Wheeler A.G., Covanta Energy Corp., Babcock & Wilcox Enterprises, Inc., Constructions Industrielles de la Mediterranee., and Xcel Energy Inc.

02
Apr
18
Artificial Intelligence (AI) market was valued at USD 11.71 Billion in 2016, and is projected to reach USD 191.60 billion by 2025, growing at a CAGR of 36.68% over the forecast period. Significant improvements in AI deployment and technological advancements in dynamic AI solutions are anticipated to spur the industry growth. Robust augmentations in computing power, data storage capacity, and parallelization have also contributed to the rapid uptake of AI technology in various end-use industries such as healthcare and automotive. 

Growing big data analytics vendors, increasing demand for intelligent virtual assistants and rising adoption of cloud-based applications and services are also projected to drive the global artificial intelligence market. Moreover, increasing demand for understanding and analyzing visual contents, for improving significant insights, is further anticipated to gain traction to the technology over the forecast period. 

Artificial intelligence technology has been implemented across varied industries such as healthcare and consumer electronics. Global organizations have started exploring and implementing the benefits of AI technologies for effective positioning of their products & services to consumers, this in turn, will drive the AI technology market. However, prominent players are facing challenges in funds acquisition in early R&D stage of prototypes and technologies.

AI technology also offers various benefits which include high figuring force & information volumes, and modification in data storage. The technology has been advanced with information driven applications, for instance, picture and voice acknowledgment techniques. Additionally, self-driven vehicle and Unmanned Aerial Vehicles (UAVs) market will project firm demand for AI technology in automotive and defense sector. Growth in high computing powers and information storage capacity has contributed to technological implementation in end-use industries such as healthcare and automotive. 

Based on solution segment, the report displays the revenue, market share, and growth rate of each type, primarily split into

•    Hardware
•    Software
•    Services

Hardware segment comprises of chipsets including Application-Specific Integrated Circuits (ASIC), Central Processing Unit (CPU), Graphics Processing Unit (GPU) and, Field-Programmable Gate Array (FPGA). Currently, the hardware segment is projected to dominate the solution segment by GPUs and CPUs owing to their high computing capabilities required for AI frameworks. Furthermore, service segment includes integration, installation, maintenance and support undertakings.

Based on technology, the report includes the market share, revenue, and growth rate of each type, primarily split into

•    Deep Learning
•    Machine Learning
•    Natural Language Processing
•    Machine Vision

The deep learning & machine learning segments are expected to cover the major investment area in AI over the forecast period. The segment includes both AI platforms and cognitive applications (such as searching, tagging, filtering, alerting, categorization, text and rich media analytics, clustering, question answering, hypothesis generation, visualization, and navigation), facilitating the technological advancement of advisory, intelligent, and cognitively enabled solutions. Machine learning segment is also anticipated to offer opportunities to retail industry by scaling human expertise with decision support and real-time learning capabilities. 

On the basis of Application, the market has been segmented into

•    Manufacturing & Processing
•    BFSI
•    Oil & Gas
•    Healthcare 
•    Agriculture 
•    Automotive & Transportation
•    Retail 
•    Others

AI proliferation in the end-user industries has supported organizations to achieve optimum working capabilities through complete utilization of resources. For instance, AI technology has been adopted by various end-use industry verticals such as manufacturing, BFSI, oil & gas, agriculture, healthcare, automotive and retail. Healthcare and manufacturing sectors are benefited substantially owing to artificial intelligence implementation. 

Geographically, the global market has been segregated into North America, Asia Pacific, Europe, the Middle East & Africa and Latin America. Market share, revenue (Billion USD), and growth rate for these regions, from 2015 to 2025 (forecast) are:

•    North America: U.S., Rest of North America 
•    Europe: Germany, France, UK, rest of Europe
•    Asia Pacific: China, Japan, India and Rest of Asia Pacific
•    Middle East & Africa: GCC, North Africa, South Africa and Rest of MEA
•    Latin America: Brazil and Rest of Latin America

North America region has been predicted to have largest market share in terms of revenue, owing to the availability of huge government funding, strong technical implementation base and leading players’ existence in the region. Moreover, the adoption of cloud-based services in countries, such as the U.S. and Canada, has substantially contributed to the regional growth.

In Europe region, AI deployment is expected to witness remarkable growth over the forecast period owing to growing consumers’ awareness towards AI benefits such as easy document control and on-demand access to data. Furthermore, various private and public organizations have been gathering domain-specific information embracing issues such as cyber security, marketing, medical informatics, national intelligence and fraud detection.

The key industry players include Atomwise Inc., Enlitic Inc., Lifegraph, Zebra Medical Vision Inc., Sense.ly Inc., Baidu, Inc., IBM Watson Health, H2O AI, NVIDIA, Google Inc., Intel Corporation, and Microsoft Corporation.
29
Mar
18
The Smart Waste Management market was estimated at USD 1.12 billion in 2016, and is projected to reach USD 4.44 billion by 2025, growing at a CAGR of 16.7% over the forecast period. Government initiatives to decrease illegal dumping coupled with the implementation of sustainable process for managing waste is expected to propel the global market growth. Furthermore, growing adoption of recycling techniques and Waste to Energy (WTE) incineration is also expected to further fuel the growth. 

Resource Conservation and Recovery Act (RCRA) from EPA has been introduced with an objective of reducing open dumping and hazardous and nonhazardous waste management. According to UNESCAP, the ASEAN nations have witnessed an annual urban population growth rate of around 3% in the past few years. The shifting focus of rising population towards sustainable power generation from left-over materials, has anticipated the industry growth. Furthermore, Climate Change Act of 2008, launched by UK government focuses on reducing UK’s GHG emissions to 80% by 2050, thereby, various government initiatives coupled with growing awareness towards environment protection has been projected to augment the industry over the forecast period.

The waste management market comprises the solid wastes discharged from residential & commercial societies, streets, hospitals, public places, and other institutions. Solid wastes can cause severe environmental hazards resulting into the rise of toxic elements and depletion of oxygen in atmosphere. Thus, increasing demand for clean surrounding and sustainable environment develops solid waste management as an emerging field over the forecast period. Additionally, stringent environmental regulations by government and rising concern towards environment, IT corporate industries, and others industries are implementing several smart waste management process. The process includes processing and re-processing, collection of waste, recycling and ultimately resulting into efficient disposal. 

Growing interest of industries in waste management along with technological developments towards maximizing the renewable benefits of waste are expected to positively impacting the market. Rising e-waste accompanied by growing purchase power of consumer is another factor driving theglobal market. However, the high installation & operational cost involved is anticipated to act as a major hindrance to the market growth.

On the basis of type of waste, the report includes the market share, revenue, and growth rate of each type, primarily split into

•    Solid Waste
•    Special Waste
•    E-Waste 

Based on method segment, the report includes the revenue, market share and growth rate of each type, primarily split into

•    Smart Collection
•    Smart Processing
•    Smart Energy Recovery
•    Smart Disposal

Smart collection segment has been further bifurcated as Radio Frequency Identification technology (RFID), GPS routing systems, vacuum systems, and fuel switching. Smart processing segment is further segmented as mechanical biological treatment, advanced MRFs, and RDF Facilities, while smart energy recovery segment has been segregated as Waste to Energy (WTE), and Waste to Fuel (WTF). Smart disposal is also segmented as sanitary landfills, bioreactor landfills, and landfill and solar integration.

On the basis of application, the report displays the revenue, market share and growth rate of each type, primarily split into

•    Manufacturing
•    Food & Retail
•    Healthcare
•    Construction
•    Industrial
•    Others

Geographically, the global market report is segmented into North America, Europe, Asia Pacific, the Middle East and Africa and Latin America, with revenue (Billion USD), market share and growth rate of smart waste management market for these regions, from 2015 to 2025 (forecast):

•    North America: U.S., Rest of North America
•    Europe: Germany, France, UK, rest of Europe
•    Asia Pacific: China, Japan, India and Rest of Asia Pacific
•    Middle East & Africa: GCC, North Africa, South Africa and Rest of MEA
•    Latin America: Brazil and Rest of Latin America

North America region has been anticipated to dominate the global market owing to the increasing investment for developing novel and innovating techniques for solid waste management. Extensive R&D activities has further offered opportunities for rise in the regional competition. Asia-pacific region has been projected to witness a significant growth rate over the forecast period owing to the increasing awareness and popularity for WTE & WTF sectors. Growing awareness pertaining to land shortage and environmental hazards has also fueled the smart waste management market growth.

Key market players dominating the global smart waste management market include IBM Corporation, Harvest Power Technologies, Suez Environment, SAP SE, Waste Management, Inc., Enevo Oy, Covanta Energy Corp., Enerkem Inc., Veolia North America, Recycle Smart Solutions, Republic Services, and BigBelly Solar, Inc.
26
Mar
18

The global Point-of-Sale (POS) market was valued at USD 39.04 Billion in 2015, and is projected to reach USD 108.52 billion by 2025, growing at a CAGR of 10.9% over the forecast period. Rising investments in technological advancements such as end-to-end encryption for delivering secured payment solutions and customers convenience are projected to escalate the demand.

Rapidly increasing smartphone penetration has encouraged the industry players to become more focused on software technology. The technology is also expected to witness a gradual shift owing to rapid technological developments in POS terminal solutions. Furthermore, the proliferation of Near Field Communication (NFC) devices is anticipated to increase the demand for contactless payments, further impacting the growth. For instance, in November 2016, Indian economy was demonetized by government forbidding higher currency notes and launched “Digital India” initiative for online transaction and cashless economy promotion. Such initiatives have substantially boosted the technology in India. Indian banks have exceeded the target of 1 million POS terminals post demonetization, henceforth, accelerating the growth.

Lower prices of supporting software, ease of adoption & use, cost effective integration, space & time saving, and portability are few of the trends shifting the market from conventional cash payments to Point of Sale payments. Additionally, increasing mobile payment alternatives and gradual increase in ecommerce transactions offering lower fees have projected the increase in growth over the forecast period. Wide adoption of wireless payment terminal, promoting cashless transactions in emerging economies, rising application of MasterCard, Euro Pay, & Visa cards, and wireless technology emergence in mobile handsets and wearable also drives the market. However, stringent regulations in applying for government certifications for technology, and rising data security concerns are estimated to pave hurdle for the growth. Non-compliance to PCI Data Security Standards (DSS) raises the possibility of card data breaches, results adverse impact on customer trust and representatives reputation. Though, solutions such as Omnishield Assure have been developed for card information protection via point-to-point encryption. The solution consequently reduces the burden and minimizes the risk of financial breach.

The global POS technology has been segmented by product type, component, deployment, and application. On the basis of product type, the industry has been segregated as fixed POS terminal, wireless, and mobile POS terminal. Component segment has been segmented as hardware and software, while deployment segment has been bifurcated as cloud and on-premise. Based on application, the market has been segmented by restaurants, hospitality, retail, warehouse & distribution, and entertainment.

Services segment is anticipated to grow at the highest rate over the forecast period

The services segment is projected to witness enormous growth owing to growing security threats to personal & financial data. Penetration of services segment majorly in emerging economies is also driving growth. Software segment has been expected to witness significant growth over the forecast period owing to advancements in cloud computing, resulting in growing application of Software-as-a-Service (SaaS) platform-based systems.

North America is predicted to hold the largest market share of the POS terminal

North America region has been anticipated to dominate the industry, accounting for over one third of the revenue. Although, Asia Pacific region is anticipated to developed as a beneficial player over the forecast period owing to rising levels of incomes & standards of living in emerging economies of India, & China. Moreover, government initiatives to support digital economy are increasing the demand in the region. Significant unbanked population and low penetration in emerging nations are estimated to offer lucrative opportunities for growth over the forecast period.

Prominent players include VeriFone Systems, PAX Technology, Ingenico S.A., HP Company, Panasonic Corporation, Cisco Systems, Toshiba Corporation, MICROS Systems, and Samsung Electronics. R&D activities, new advanced product launches, mergers & acquisitions, and expansions are few strategies adopted by industry players to cater to the needs of the market. For instance, in July 2017, Bambora was acquired by Ingenico, a Swedish payment-services company to expand fast growing end-to-end payment solutions for SMBs in Europe.


Upcoming

Cloud Computing technologies are well-suited for oil and gas companies seeking for a proactive approach to meet the industry challenges, including the need for workforce collaboration within the industry and with industry partners and the need for improving production operations in high-risk drilling locations. Oil and gas industry comprises of huge data and information which is substantially sensitive as is associated to the national income of various economies. Cloud computing are solutions on Software-as-a-Service (SaaS) platform for storing and retrieving critical data. Oil and gas cloud applications are the software solutions offered by cloud-based service providers,  comprises of web hosting services offered by indigenous providers to integrated technologies delivered by large enterprises with world-class infrastructure.

Oil & gas industry is considered to be one of the many benefactors of cloud computing applications. The sector comprises of intensive field work, and requisite data sharing from field instrumentation, regulators, contractors, and other stakeholders in almost real time become vital for a profitable enterprise. The stakes are very high in oil and gas exploration and hence, it becomes imperative for the business to operate in a secure and timely manner.

Oil and gas cloud applications enables the field workforces to access sophisticated data of rig and fleet tracking, land and water management, site engineering data, regulatory compliance, and, supervisory control. It also allows pay-per-user modules certifying optimized expenditure on technological infrastructure and supplementary security measures are better than client-server infrastructure, delivering an additional safety net for the industry.

Cloud based human resource (HR) management systems offer dynamic solutions such as employee management and various other communications over the industry. The capability to build shared work environments is another advantage offered by the technology in oil & gas industry. Documentation, data access, and other processes can be managed easily at remote locations in real time, empowering field workforce to focus on the work. Furthermore, cloud based mapping has reduced the load off oil and gas operations, facilitating employees with easy accessibility via smart phones. Additional data security, operational scalability, flexibility, and alliances in real time, are few instances of cloud computing being essential part of oil and gas operations across the globe.

Major decline in oil prices compelling companies to implement cost-effective cloud solutions and the advent of big data along with analytical advancements are major factors spurring the global market. Cloud-based solutions in oil & gas industry reduces the overall cost and also offer no-maintenance models and labor engagement. However, growing data security issues with regulations compliances are major restraints for the market growth.

The global oil & gas cloud application market has been segmented by application and major sectors. On the basis of application, the market has been segmented as Customer Relationship Management (CRM), Enterprise Content Management (ECM) and Collaboration, Enterprise Resource Planning (ERP), Governance Risk and Compliance (GRC), Data Analytics, Human Capital Management (HCM), Project Portfolio Management (PPM), and Supply Chain Management (SCM). Based on major sector, oil & gas cloud application market has been bifurcated as upstream, midstream, and downstream.

The upstream sector is continuously deploying new platforms, super computers, mainframe computers, distributed stations, and workstations to execute high-performance computing and advanced visualizations coupled with maximum data insights. Furthermore, unlimited computing & storage capacities, ease of deployment, and cost-effective utilization of public cloud system are some of the compelling factors for cloud services deployment in oil and gas industry.

North America region has been anticipated to lead the global market share owing to escalating adoption of cost-effective and scalable cloud solutions for oil and gas processes. Another significant reason for highest growth is the region expected to become the world’s largest producer of oil along with technological implementation involving cloud, mobility, and other digital inventions.

Mounting partnerships, strategic alliances and agreements has also led to the adoption of digital technologies in oil & gas in North America region.in For instance, Halliburton and Microsoft have brought a strategic alliance to nurture digital transformations through oil and gas industries.

Major players in the oil & gas cloud applications markets are IBM, WellEz, Seven Lake Technologies, Oracle, Microsoft, SAP, Cisco Systems, SAS Institute, Hewlett-Packard Company, PetroCloud, TIBCO, and Tableau Software.


Upcoming

SCADA stands for Supervisory Control and Data Acquisition is a system of hardware and software elements which allows industrial organizations to control, monitor industrial processes located at remote locations, process real time data, and record events. The system performs all the functions by directly interacting with devices such as valves, motors, sensors, pumps, through human-machine interface (HMI) interface. The SCADA systems play a major role in industrial organizations, since the system process data for smarter decisions, maintains efficiency, and communicate system issue for reducing the downtime.

The basic architecture of SCADA system includes Programmable Logic Controllers (PLCs), Remote Terminal Units (RTUs), or other hardware modules. The SCADA software system processes, distributes, monitors and displays the data for assisting operators in analyzing the data and in making significant decisions. SCADA systems are the backbones for various industries including oil & gas, food & beverage, energy, transportation, water & waste water, power, recycling, and manufacturing. Furthermore, the systems also have wide application in various nuclear experimental facilities such as Large Hadron Collider (LHC) experiments. Alarm summary, dynamic process, graphic display, real time & historical time trend, data base connectivity, and recipe management are few of the features of SCADA systems.

The main function of SCADA is data acquisition from remote devices such as pumps, transmitters, valves. SCADA host software platform provides complete process control for the devices to be turned ON & OFF at the right time, supporting the control strategy and an isolated method of capturing data for monitoring the processes. SCADA systems are primarily applicable for monitoring & controlling various transport or chemical processes and can easily be used in an industrial environment such as water supply systems, electric power generation, gas & oil pipelines and other distributed processes.

SCADA system also offers the host control functions for supervision control and well-defined settings. For instance, in SCADA system, Programmable Logic Controller (PLC) has been used to control the flow of cooling water in the power generation process. . SCADA systems are used to automate complex industrial processes and are extensively used for control in various domains such as power generation, distribution, & transmission, water & sewage, manufacturing, mass transit, buildings, facilities and traffic signals.

Rising demand for industrial mobility for managing the industry remotely, and growing implementation of cloud computing in SCADA system is expected to spur the market growth over the forecast period. Furthermore, cumulative infrastructure development of smart cities & transportation, and increasing adoption of Industry 4.0 using SCADA system will also benefits the industry. Increasing deployment of Wireless Sensor Network (WSN) boosting the performance & flexibility of systems and the ability to monitor remotely will also influence the demand positively. Although, designs complexities and huge installation cost are restricting the adoption of SCADA systems.

The market has been segmented based on components, architecture and application.  The component segment is further divided as Human Machine Interface (HMI), Remote Terminal Unit (RTU), Programmable Logic Controller (PLC), and communication systems which include wired and wireless communication systems. By architecture basis, the segment is segmented as hardware, software, and services. Based on application, the industry is segmented as oil & gas, power, water & wastewater, transportation, telecommunication, pharmaceuticals, chemicals, food & beverages, and others.

RTU is predicted to embrace the largest share of the overall SCADA market. RTU devices are installed at huge operation site such as power, water & wastewater, and oil and gas. Also, sea exploration & extraction accompanied by shale gas furthermore drives the demand for the RTU application. Services segment is expected to contribute majorly in the architecture segment.. Furthermore, The rising demand for various services such as regulatory compliance services, SCADA system recommendations, legacy system support & migration, and re-commissioning or restart assistance has led to the significant growth of the software segment over the forecast period.

The oil and gas application is expected to dominate the industry owing to increasing applications across the upstream, midstream, and downstream sectors. The technology applications in such processes deliver reliability, profitability, and enhanced safety for oil and gas operations. The water and wastewater application is estimated to grow at the steady rate.

Asia Pacific region is projected to contribute majorly in the industry owing to the cumulative investment in power transmission and distribution sector. Countries such as India, China, and Japan are the largest electricity generators in the region thereby contributing in the major share. Furthermore, the government initiatives for SCADA adoption for power generation, and water & wastewater applications are also impacting the industry positively.

The key players include IBM Corp, Hitachi LTD, Siemens, Alstom, Honeywell International, Hitachi LTD, ABB LTD, Rockwell Automation, Hitachi LTD, Schneider Electric, Mitsubishi Electric Corporation, Tesco Controls Inc., Emerson Electric Co., Yokogawa Electric Corporation, Eaton Corporation, and Parasyn.

19
Mar
18

The global Artificial Intelligence in Agriculture market was estimated as USD 431.6 million in 2015 and is expected to grow significantly with a CAGR of over 22% over the forecast period.  Growing implementation of advanced technologies (such as computer vision, machine learning and predictive analysis) & applications in agricultural field which allows the farmers to analyze real-time data of temperature, weather conditions plant health, and soil moisture. Rising adoption of advanced technologies for enhancing the crop productivity is expected to drive the industry growth.

The AI technology is substantially implemented in the agriculture for productivity enhancement. Growing implementation of robotics in agricultural sector for healthier crop-yield and elevated consumption power has contributed for market growth. Continuous change in preference of agriculturalists towards drones, smart sensors, robots, automated machines, and escalating trends of accuracy in farming is projected to propel the industry growth.

Field intensive care, livestock monitoring, soil & crop management, precision farming, predictive analytics and robotics are some of the foremost applications of the Artificial Intelligence in agricultural field. The robotics application in dairy farms & fields offer various benefits such as enhancing operational control in farms and providing reliability. For instance, milking robots helps to boost the dairy farms control by leveraging technology. Additionally, farmers’ work has been accelerated with integrating operational flexibility through driverless tractors in farm operations.

Rising adoption of precision agriculture & smart sensors will also influence the market positively.. Smart sensors are placed across the farms to support precision agriculture procedure via data provided by the control systems and generate conversant decisions in fertilizing, harvesting, & planting. Moreover, the sensors measure various climatic & soil aspects including humidity and temperature which forwards information to the control system. The technology involves high initial investments, knowledgeable and skilled farmers and efficient farming tools among others, thereby apprehensive the application of technology.

Machine Learning segment emerged as the dominant segment in technology

Artificial Intelligence in Agriculture market has been segmented based on technology and application. Under technology segment, the market is bifurcated as Computer Vision, Predictive Analytics, and Machine Learning. On the basis of application, the market is sub-divided as Agriculture Robots, Precision Farming, Livestock Monitoring, and Drone Analytics. Machine Learning technology held the major share owing to the increasing adoption of the technology for various application which include drone analytics, livestock monitoring. Machine learning enabled solutions are significantly adopted various farmers and agricultural organizations. Furthermore, Predictive analytics technology supports agriculturalists in improving their crop yield and product quality by correlating and analyzing big amount of data from numerous sources to enhance yield.

Increasing application of computer vision technology such as plant image recognition, and the cumulative demand for healthier crop analyses are the significant factors subsidizing the segment growth. Also, drone analytics application is projected to witness substantial growth owing to the wide-ranging application for real-time decisions along with mapping & diagnosing crop health. Pleasing government regulations for drones’ application in agricultural sector is expected to fuel the growth.

North America holds largest share in overall market

North America region dominated the market for AI in agriculture. Increasing demand for advanced technologies is estimated to drive the growth of the market owing to the significant industry players which has implemented the technology applications to improve the crop management techniques along with the productivity. The levitating implementation of computer vision technologies with deep learning for AI applications in agricultural sector is a major driver for the market development in the Asia Pacific countries such as India, and China over the forecast period.

Prominent market players are Agrosmart, Iteris, Farmlogs, Granular,  Agworld,  Gamaya, Trimble, Raven Industries, Hortau, John Deere,  aWhere,  Grownetics, Pycno,   Scicorp, and AGCO Corporation. The players are adopting various marketing strategies such as R&D, merger & acquisitions, global expansion, product launch, and, collaboration.

16
Mar
18

The global security robots market was valued at USD 1.32 billion in 2015 with a CAGR of over 8% over the forecast period. Growing implementation of smart security & surveillance along with increasing demand for autonomous systems in surveillance & security appliances is anticipated to boost the industry growth. The demand of the robots is expected to augment with the new emerging technologies in the sector

The robots have locomotive abilities, for collecting data and implement the functions accordingly. The data is collected through various devices which include radars, infrared or ultrasonic sensors, cameras, thermal sensors, and others. Increasing demand for advanced technology equipment for building the strong defense sector is also projected to fuel the growth.

Security concerns along with increasing penetration of automation techniques such as Robotic Process Automation (RPA), desktop automation, enterprise RPA, intelligent process automation, heuristics, and autonomics are primarily driving the demand for security robotics industry. Also, increasing deployments of smart security systems in various indoor application in commercial and residential sectors will also benefits the industry demand. Furthermore, the robots are installed to perform various tasks which includes surveillance, patrolling, and guarding outdoor and indoor activities. High installation costs of security robots’ system and lack of operational training may hamper the industry growth.

Security robots market is segregated based on component, type, application, environment, and industry. The component segment is further segmented into hardware, software, and services whereas the type segment includes ground, aerial and marine robots. The environment segment includes indoor and outdoor environment. These robots are primarily installed in airports, banks, offices, warehouses, hospitals, and other indoor environment. Based on application, the industry is segmented into transportation, demining, explosion rescuing operations, patrolling, surveillance, detection, firefighting, spying, and others. Further, chemical & mining, defense & aerospace, entertainment & leisure venues, oil & gas and manufacturing are few industry verticals considered.

Hardware segment holds the significant share in 2015

Hardware segment is estimated to contribute majorly in the industry and is expected to maintain the dominance over the forecast period. Hardware segment further comprises of articulated robots, Cartesian robots, Selective Compliance Assembly Robot Arm (SCARA) robots, and other robots. Furthermore, the functions of hardware segment includes welding, assembling and disassembling, painting, and material handling , cutting and milling, and others. Also, the services category is further sub-divided into leasing, rental, & maintenance services.

North America holds largest share of xx% in overall market

Geographically, North America is estimated as significant market for security robots contributing majorly to the revenue owing to the increasing commercialization in various industries. Modern weapons and advanced technology for overseas contingency operations, is also driving constant growth of the regional market. Additionally, Asia Pacific countries such as Japan, China and South Korea are expected to witness swift growth over the forecast period owing to developing technological investment particularly in manufacturing sector. The regional firm growth has been directed by accelerating demand for the robots in defense, security, medical and various household applications.

Some of the prominent players of the market are Northrop Grumman Elbit Systems Limited, Thales SA, DJI, Cobham, Aerovironment Inc. Corporation, BAE Systems PLC, Lockheed Martin Corporation, Recon Robotics, Knight Scope, SMP Robotics, Leonardo SPA, Kongsberg Gruppen, IRobot Corporation, Qinetiq, and RoboTex.

15
Mar
18

The global fingerprint access control market size was valued at USD 2.50 billion in 2014 and is expected to grow steadily with a growth rate of over 7% over the forecast period. Growing demand for security solutions globally is expected to drive the market over the forecast period. Additionally, increasing adoption of IoT-based security systems and technological advancements and deployment of wireless technology in security systems is further projected to spur the market.

Increasing demand for access control solutions globally is considered to the major factor behind the market growth. The technology growth can be directly associated to the development of the commercial sector and increasing security concerns across the world. The developments in retail sector, banking & finance, and hospitality has led to the implementation of the technology. Rising demand for the biometric solutions owing to the escalating safety and security threats is further anticipated to benefit the market. The ability of the technology to offer reliable solutions for enhancing access control and to eliminate transaction fraud and security breaches will spur the industry.

Moreover, technological advancement and availability of progressive solutions for fulfilling the commercial and government sectors may also boost the industry over the forecast period. Increasing government initiatives and stringent norms for deploying biometric system will further supplement the market share over the forecast period. Furthermore, the government projects such as national identification program and e-passports will also spur the market.  

The fingerprint access control market is segregated based on product, application and region. The product segment includes Optical, Capacitive, Pressure, Ultrasonic, and Thermal fingerprint access control system. Based on application, the market is categorized into Commercial, Consumer Electronics, Government, Military & Defense, Banking & Finance, Healthcare application segment.

Optical fingerprint access control system segment holds the major share

The ability to offer high image quality and features such as low cost maintenance, physical resistance, high resolution, easy integration and large sensing areas is projected to further contribute to maintain the dominance of optical in the industry over the forecast period. Capacitive fingerprint access control system is anticipated to witness substantial growth over a CAGR of 7% owing to the low cost and compact sizes. The implementation of technology in various application sector such as healthcare, banking, internet access and entertainment for preventing fake enrollment will also boost the market growth.

Consumer Electronics is expected to witness the substantial growth

Increasing demand for high level of security for protecting data across tablets, smartphones, and computers is expected to enhance the segment growth. Growing application of cloud based services is further expected to spur the market. Additionally, personal identification to decrease the privacy breach is also an advantage for the technology industry.

North America is accounted for major share in 2016

Increasing penetration of solutions in consumer electronics and healthcare will boost the regional market. Technological advancements and increasing budgets across banking & financial, military & defense sectors will boost various opportunities to the industry. Asia Pacific is projected to witness significant growth over the forecast period owing to the rising security concern and increasing government initiatives will further offer tremendous growth opportunities for industry.

Few key players include Anviz Global, 3M Cogent, Aware, Inc., Daon Inc., Cross Match Technology, EnterTech Systems, Diamond Fortress Technologies, Fingerprint Cards AB (FPC), IDtech 360, Hitachi-Omron Terminal Solutions, Lockheed Martin Corporation, Manage ID, NEC Corporation, and Suprema Inc.


Upcoming

Mobile collaborative robots or mobile cobots are highly efficient industrial robots operational with human interaction. Mobile cobots with advanced features such as superior sensitivity, bionic motions, on-the-fly switches concerning autonomous & supervised tasks are replacing traditional robots utilized for heavy lifting and rapid movements. Additionally, advancements in sensor & vision technology, with robust and flexible nature of the technology helps to yield better accuracy with higher output.

Few factors enhancing the market growth include free navigation with no workspace retrofit, rapid installation, and safe operation alongside people.  Furthermore, self- capable of planning alternate routes, and collaboration in fleets and job management & WMS integration are also few reasons accelerating the mobile cobots industry. Moreover, flawless performance with no breakage, easy traceability, optimized WIP movement, flexibility, and redeployed labor to high value-add tasks are also influencing the technology growth positively.

Low price of collaborative robots and high ROI rates are also drawing attraction of SMEs, leading to the huge investments in robotics. Collaborative robots offer abundant opportunities for companies owing to their low initial investment, short integration time, & ease of use. Although, several industries are accepting cobots at a substantial rate; there are still some challenges procrastinating the technology growth such as lack of skilled labor force, cyber security threats, compliance with stringent regulations, and inability in unstructured work environment.

Global mobile cobots market is segmented into payload capacity, application, and industry. On the basis of payload capacity, the sector has been further segmented as up to 5 kg, up to 10kg, and above 10kg. Based on applications, as the segment is bifurcated into assembly, pick & place, machine tending, quality testing, handling, packaging and palletizing, gluing and welding, and others. Other segment includes painting and polishing, testing, press tending, lab analysis, injection molding, screw driving, analysis, and specimen processing. Industry segment includes the deployment of mobile cobots in automotive, electronics, metal & machining, plastics & polymer, food & agriculture, healthcare, furniture & equipment, and others. Other industry segment includes logistics (3PL), die cast, scientific research, consumer goods, education, and foundry robots.

The cobots industry is projected to gain traction in Europe region owing to favorable regulations promoting cobots applications across industries for reducing the need for safety barriers between humans and robots. High acceptance of technically innovative assets is also boosting the market significantly. Various regulations related to safety standards and constant developments in sensor technology along with increasing focus on safety sensors are spurring the growth in North America region. The growth in Asia Pacific and Rest of the World will be accompanied with the growing trend of industrial automation and prosperous development of the automotive sector.

The key players operating in the mobile collaborative robots market are ABB, Ltd., Robert Bosch Ltd., Kawasaki Heavy Industries Ltd., Yaskawa Electric Corporation, Fanuc Corporation, and other regional players. Majorly, the players adopt various strategies such as merger & acquisition, agreements, contracts, new product launch and partnership, with the purpose of gaining a competitive advantage. For instance, in 2017, Tennplasco has invested in Rethink Robotics’ Sawyer-robot to resolve labor shortage issues for meeting the ROI. Furthermore, Epson extended the industrial line of SCARA robots with introduction of a model “T3 robot”.


Upcoming

Construction Robots market is dedicated to develop leading-edge robots and affordable automation equipment for the construction sector. The robots are equipped with predefined programs and sensors to execute various industrial processes such as mining, prefabrication of components, facility management, recycling, rehabilitation, and material production. A new development surge has led to Computer-Aided Manufacturing (CAM) approaches for pre-fabricated concrete parts of walls, roofs, and ceilings.

The practice of robotic technology in pre-cast concrete element production has resulted in improved quality of products with least wastage from factories owing to computer assisted programming.. The computer assisted engineering and planning provides the essential data for the production of elevation sections, HVAC plans, architectural designs of floors, and structural calculation. For instance, portal robots used as formwork robots which are further transformed into installation robots designed for electrical cabling operations of construction buildings.

Robotics is rapidly implementing in construction sector owing to high complexity of construction processes & stagnated traditional machineries. Engineers, architects, other experts have to be integrated to adopt naïve technologies such as Computer Integrated Constructions (CIC) which will help the robots to work more appropriately and effectively. Also, the replacement of labors and workers with robots will further eradicate the danger in construction sites and will offer productivity, quality and safer work environment. With rapid transformation in the sector, robots are preferred for dangerous, repetitive and laborious jobs such as bricklaying & paving.

Traditional robots, wearable robots and robotic arms are commonly used robots technology in the market. Various climbing robots are also utilized for skyscrapers, bridge and for maintaining the highways. For instance, Traffic Marshal Robot with motorized hand movement developed by PN Safety Industries has been installed for road safety purposes.

The growth of the market is solely dependent upon the level of construction activities taking place globally. Owing to rapid urbanization, demand for mega structures and high quality infrastructure has increased the potential growth of the industry. Few other factors spurring the industry includes increased efficiency, high quality of work, improved working conditions, longer working hours performed by robots. Moreover, shortage of skilled labors and rising robotics start-ups worldwide has positively influenced the market growth. Although, high capital costs involvement, lack of expertise & experienced companies, and certain limitation of robots over humans crafts hurdles for the sector expansion.

The global construction robots market is segmented on product type and application type. On the basis of products, the product market is segmented as demolition robots, building robots and other. Other segment includes remote control rescue robot, arm-shaped robot, and security robots. Based on application, construction robots industry is majorly used in metallurgical industry, construction & cement, mining, emergency rescue operations, and others including nuclear dismantling & demolition, and tunnel & road constructions. The construction & cement segment is anticipated to have higher demand owing to the wide-ranging application for varied range of construction activities.

Geographically, Asia Pacific region is expected to contribute the largest market share. Amongst other countries in this region, Japan is a pioneer in robotics applications owing to unavailability of skilled labor and declined productivity. Also, Europe countries such as Netherlands, Spain, Belgium, Finland, Germany, and Austria will boost the global market owing to the improving economic condition of the countries.

Prominent players in the industry are Brokk AB, Alpine Electronics, Conjet AB, TopTec Spezialmaschinen GmbH, Construction Robotic, Husqvarna, Giant Hydraulic Tech, Shimizu Construction, Cazza Construction Technologies, Fujita Corporation, and Beijing Borui Intelligent Control Technology.

09
Mar
18

The global precision agriculture market is also referred as the precision farming was valued at USD 3.08 in 2015 and is expected to grow significantly over the forecast period. The agriculture sector is rapidly facing technological advancements with the increasing need of efficient production to supply to the rising demand of food consumption. Rising adoption of new technologies for reducing the production cost and increasing the food efficiency is further anticipated to drive the market growth.

Growing awareness and interest for Internet of Things (IoT) devices and other technologies such as Big Data for maintaining the sustainability of farm production will further benefits the precision farming industry. The farmers are leveraging the capabilities of the technology for getting the precise information of fields and make better predictions for further outcomes.

Degrading natural resources, declining in the total productivity, declining land holdings, and limited employment opportunities in farming are majorly impacting the market growth and development. Hence, the OEMs in agriculture and farmers are encouraged to adopt advanced technology for increasing the agriculture productivity.

The technology has the potential to enhance the field yield, reducing the production cost with the help of advanced IT based agriculture method such as artificial intelligence and Big Data analysis. Furthermore, the factor facilitating the increasing adoption rate includes training and better education of farmers, easy availability of financial resources, growing demand for organic food and sharing of information.

IoT based farming approaches has reduced the risks, improving the productivity for cultivators. With the increasing population and climate changing conditions, the farmers are facing challenges for increasing the crop yield. Therefore, IoT sensors such as field sensors assist in overcoming these challenges. Field sensor encompasses thermal, soil moisture, nutrition, and growth monitoring along with weed detection.

The precision agriculture market is segmented into component, technology, application and region. The component segment includes hardware, software, and services whereas the hardware segment is further segregated into automated steering system, sensors, UAVs, mobile devices, GPS & GNSS. The services segment includes consulting & training, managed services, maintenance & support, integration and other professional services. The technology segment is further categorized into Geomapping, GNSS & GPS, remote sensing, VRT, and integrated electronic communication. Weather monitoring, yield monitoring, field mapping, waste management, irrigation management and others are few application of the precision farming market.

Hardware segment is estimated to hold the major share in the industry

Increased implementation of farming devices such as UAVs, sensors, mobile devices and cameras are expected to contribute in the hardware segment growth. The enormous growth of sensors is attributed to the low cost, enhanced functionality and improved design & features. Declining prices of the sensors and increasing demand for wireless and smart sensors is anticipated to further foster the industry growth.

The remote sensing technology is projected to witness significant growth over the forecast period owing to the increase application of remote sensing images on agricultural vehicles to measure radiation, light and heat condition in the field. Yield monitoring is estimated to acquire the precision farming market owing to the increased adoption of precision farming solutions for management and optical planning of crop.

North America is accounted for major share in 2016

North America region held the major share of the market in 2015 owing to the increasing adoption of the advanced agricultural solutions and equipment such as sensors, steering and guidance systems, farm management software and display devices. Asia Pacific region is also expected to grow significantly over the forecast period.

Few key players include Deere & Company, Trimble, Inc., Raven Industries, Agjunction, Inc., AGCO Corporation, AG Leader Technology, Precision Planting, Inc., SST Development Group, Inc., Teejet Technologies, Topcon Positioning Systems, Inc., Dickey-John Corporation and Cropmetrics LLC. Collaborations, partnerships and mergers & acquisitions are few common strategies followed by the players.


Upcoming

Artificial Intelligence (AI) is emerging as a significant solution towards the improved agricultural productivity. As AI is the mainstay of robotics, increasing adoption of robotics in agricultural sector for better crop yield and increased consumption power has expected to drive the market. Gradual shift of farmers towards robots, smart sensors, automated machines, drones, and growing trends of precision farming have spurred the market.

Rising demand from increasing population, adoption of advance technologies and Information Management System (IMS) for crop productivity and government initiatives for modern agro-techniques adoption are the probable reasons to foster the market over the forecast period. Moreover, the application of machine learning enabled solutions and predictive analysis in various agricultural practices are anticipated to rise exponentially.

Other factor driving the market is raising demand for improved food quality along with focused farm productivity. Precision farming technologies help in creating traditional agricultural activities more predictable & efficient. Raising implementation of AgriBots in farming applications for improving crop health and monitoring productivity will also benefit the industry growth.

However, high cost involved for gathering accurate field data acts as a barrier for the market. In addition, lack of standards, unawareness of farmers for AI technology and limited historical data availability may also hinder the growth of the market. Although, increasing demand for Unmanned Aerial Vehicles (UAVs) and growth opportunities offered by various emerging countries in North America and APAC have paved a steady path for the growth of AI in agriculture industry.

Global AI in agricultural market has been segmented by technology and application.  Based on technology, the market is segregated into Predictive Analysis, Computer Vision, and Machine Learning. Application segment includes Drone Analytics, Livestock Monitoring, Precision Farming, and Agriculture Robots. The rapid usage of Computer Vision Technology including plant image recognition, and the increasing demand for crop health analyses and continuous monitoring are the key factors contributing to the growth of this segment. Also, market for drone analytics is estimated to grow owing to the extensive application for making real-time decisions as well as for diagnosing and mapping of crop health. Furthermore, satisfactory government rules and regulations for drones in agricultural sector  is anticipated to fuel the growth of drone analytics application.

North America has been witnessed as the largest market for AI in agriculture. The rising demand for advanced agricultural technologies among the large-scale market players is anticipated to spur the market growth in this region. AI technology application aims to improve the productivity and crop management techniques. The rising adoption of computer vision technologies and deep learning for AI applications is one of the key drivers for the market expansion in the APAC countries such as China, and India over the forecast period.

Major market players are Iteris, Trimble, Agrosmart,  Farmlogs, AGCO Corporation, Agworld,  Granular, Gamaya, Hortau, aWhere,  Grownetics, John Deere, Scicorp, Pycno, and Raven Industries. These key players are adopting marketing strategies including merger & acquisitions, R&D, collaboration, product launch, and global expansion.

Companies such as Blue River Technology are using robotics and automation to support farmers finding more effective ways to protect their crops from weeds. The company has manufactured a robot called See & Spray which controls via computer vision to monitor and precision spray on cotton plants. In September 2017, chief manufacturing company, John Deere acquired the Blue River Technology and the company is supposedly investing $305 million to complete this transition.


Upcoming

The global agricultural market is expected to witness significant demand owing to the growing demand of agricultural productivity through effective and efficient farming operations. Growing technological advancement such as mobility, sensing, navigation, and localization is projected to boost the industry growth. These robot enables safe, cost-effective, and efficient production of grains, horticulture, nursery crops, fruits, nuts and vegetables. Agriculture Robots are also referred as AgBots or FarmBots, or AgriBots. The industry is anticipated to rise owing to the growing population and increasing demand for enhanced agricultural production.

Recent technologies such as Geographic Information System (GIS), Global Positioning System (GPS), precision farming with the help of big data is gaining traction in the market. Big data has also been extensively used by farmers in order to make better decision on planting, harvesting as well as fertilizing the crops. Furthermore, increasing government initiatives to adopt modern technologies and monitoring of crop condition for yield production are projectedto foster the AgBots industry. The trend for enhancing agricultural resources, in more sustainable and efficient way, is positively influencing the farmers along with growing demand in global food supply.

Few other factors positively impacting the market includes prominence of AgBots in horticultural environment, penetration of harvesting robots or FarmBots in fruits and vegetable farming. Furthermore, shortage of agricultural workers along with increasing labor costs, and rising global population with prime need of food security are also anticipated to fuel the industry growth over the forecast period. Increasing application of precision agriculture & pesticide spraying, with rising demand for livestock farming, and also proliferation of robots in forestry applications are also considered to influence the market demand.

AgriBots are widely adopted for farming purpose owing to the benefits associated such as accuracy, fatigueless functioning, least human workforce interference, cost benefits, and faster task accomplishment. Additionally, few advanced technologies such as use of wireless sensors, drones & wearable penetration, driverless tractor, 3D print technology in agriculture are anticipated to drive the industry over the forecast period. High popularity of indoor farming, quicker adoption for automated technologies is further expected to contribute significantly to the AgBots market. ,

AgBots market has been segmented on the basis of products and application. Based on products, the market is further segmented as Unmanned Aerial Vehicle (UAV), Milking Robots, Material Management and, Driverless Tractor. The UAV segment is expected to depict highest market share over the forecast period. Milking Robots or automatic milking system is used to extract milk from cattle. This product would help in reducing the workforce costs with increased milk yield. Industrialization growth of the agriculture sector in countries such as India, China is likely to spur the growth of driverless tractors.

On the basis of application, market has been segmented as dairy management, field farming, soil management, and crop management. The growth of field robot deployment for fertilizing and weeding has anticipated to spur the global market for soil management segment. However, increasing awareness of farmers for software solutions available for field surveys and data analytics are few reasons to increase market for crop management application.

On the regional basis, North America is expected to contribute majorly owing to the highly adaptive consumers for new technology. The approvals from Federal Aviation Administration in the region have encouraged the application of products such as drones with improved imaging capabilities for better crop yield. The European nations have restructured the regulations for drone operations, which anticipates the growth in the region over the forecast period. The industrialization of the agriculture sector and increasing venture capitals are expected to create positive impact on the segment demand.

Global key players include AGCO Corporation, BouMatic Robotics B.V., Autonomous Solutions Inc. and Agribotix LLC. Vertical integration and licensing of technologies are the common strategies adopted by the industry to enhance their market presence. Other vendors in the market include Fullwood AB Electrolux, SAC, Blue River, Harvest Automation, GEA Farm Technologies, GeckoSystems, and Agrobot. In April 2017, AGCO Corporation launched MARS—Mobile Agricultural Robot Swarms, which are equipped with its own integrated planting units working in efficient and effective way to reduce manpower.


Upcoming

Security Robotics market is a growing industry owing to innovative technologies which are constantly creating tremendous demand. Continuous rising demand for stronger defense and serious casualty elimination spur the countries towards security robotics market.  Also, the rising demand for automatic surveillance appliances and smart security are probable factors to boost the market growth over the forecast period.

Security robotics has locomotive capabilities, which are programmed to collect data and if required, perform accordingly. The data is accumulated through various sensors such as infrared or ultrasonic devices, radars, thermal sensors, cameras, and others devices. Market has also been enhanced with improved functionality, learning capabilities of robots, and providing reliable data under various environmental conditions. Such factors have helped the market to expand primarily for military purpose.

There is a significant concern for security aspects throughout the world. Major security robotics application is in commercial, governmental, and residential smart security installation owing to their additional advantage of wireless sensor, hence generating enormous demand for the market. These robots are installed for various tasks including patrolling, surveillance, and guarding outdoor and indoor activities. Although, high costs of installation of security robots system may hinder the market growth.  The issues faced by securities industries such as including low wages, lack of training, and high turnover has been recovered by security robots deployment, hence, creating huge opportunities for the market globally

The market is broadly bifurcated into component, types, environment, application and industry. The component segment comprises of hardware, software, and services. The environments segments are indoor and outdoor segments. The types section comprises of aerial, ground, and marine robots. The market is also segmented based on the application which includes demining, transportation, explosion detection, patrolling, surveillance, firefighting, rescuing operations, spying, and others. On the basis of industry, the security robots are used in chemical & mining, entertainment & leisure venues, defense & aerospace, manufacturing, and oil & gas.

Geographically, North America is the major market for security robots market generating highest market revenue owing to the advantages such as reliability and quality. Advanced technology and modern weapons for foreign contingency operations such as Afghanistan, Iraq, and Syria is driving continuous growth of the market in this region. Also, Warrior drones will however reach the US market and create more advanced strategy and tactics for the US army. The Marine Corps are now running tests for tracked robot equipped with cameras and various sensors, provided with a M240 machine gun. Commercialization of these robots is anticipated to provide additional growth for security robots

Furthermore, Asia Pacific is anticipated to witness swift growth during the forecast period. APAC countries such as Japan, China and South Korea are likely to implement security robots owing to developing technological investment.

Some of the prominent players of the market are Thales SA, Northrop Grumman Corporation, BAE Systems PLC, Elbit Systems Limited, Cobham, Aerovironment Inc., Lockheed Martin Corporation, Knight Scope, DJI, Recon Robotics, SMP Robotics, Leonardo SPA, iRobot Corporation, Qinetiq, Kongsberg Gruppen, and RoboTex.


Upcoming

Cryptocurrency is a digital currency which operates on cryptographic techniques to complete safe transaction. Being decentralized with no governing body/central body involved in verifying transaction, secured protection and producing new currencies are projected to be the major reason for the market growth over the forecast period. Moreover, cryptocurrency’s community which include miners/stakers, developers, service providers, users etc. drive the governance of cryptocurrencies. The positive feedback loop has made the community more homogenous.

Globally, cryptocurreny has been selected as digital payment method for the future financial world. These convenient currencies are completely digital requiring online transaction unlike physical cash. Hustle free transaction and deduction in entire ownership cost are few key features propelling the industry.

Major drivers include authentication, ease of transaction, complete security, faster international transaction are expected to spur the market growth with steady performance. Moreover, the industry has not been confined with government rules, exchange rates, interest rates or international transaction fee, hence, making the currency more convenient for application.

The currencies can also be transferred digitally via devices such as smartphones, since they are completely unrestricted from any centralized bank/authorities. Vendors and consumers prefer virtual money for making payments, henceforth, creating new opportunities for the market growth.

Tax-free & compliance-free transactions, lesser chances of identity theft & fraud and negligible fee charged for cryptocurreny transaction are few other key elements augmenting the industry growth over the forecast period. Moreover, lack of awareness among the people and stringent rules and regulations for application of robots in various countries is expected to restrain the market growth. The emerging industry is projected to grow over the forecast period with more public awareness and continuous increase of new market players with innovative product/services.

The market has been segmented into type of currency, mining types, and application. The type of currency segment includes Bitcoin, Litecoin, Ethereum, Ripple, and others. Mining type is segregated into solo and pool mining. The application segment includes banking, real estate, stock market and virtual currency. Other application for the market includes retail sector, gaming industry, education, logistics & transportation, BFSI, tourism sector, media and entertainment industry. BFSI is expected to acquire the major share followed by retail sector operating on cryptocurrencies. The cryptocurrency mining hardware includes Central Processing Unit (CPU) mining, Graphics Processing Unit (GPU) mining, Field-Program Gate Array (FPGA) mining, and Application-Specific Integrated Circuit (ASIC) mining. ASIC mining can calculate 10,000 times faster than conventional CPU mining.

Increasing acceptance and potential growth for this industry have attracted various small vendors globally for competing in the market. Apart from Bitcoin, Litcoin has also gained prominence in the market over last few years, there are plenty of vendors in the market namely as Litecoin, Namecoin, Novacoin, Peercoin, Ripple, Steller, Primecoin, Megacoin, and many others.

Geographically, the market is expended across North America (U.S., Mexico, and Canada), Europe (UK, France, Germany, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and MEA (Middle East, Latin America, and Africa). North America region dominates the market owing to the regulations offered by the government. Brazil and Canada are other major regions using cryptocurreny due to rules and regulations

Key market players include Intel Corporation, Microsoft Corporation, Xilinx, Inc., NVIDIA Corporation, 21 Inc. AlphaPoint Corporation , Amazon.com, Inc., Advanced Micro Devices, Inc,  BTL Group Ltd.(Blockchain Tech), BitGo, BitFury Group , Coinbase UK, Ltd. Coinsecure, Unocoin, Coinbase, Bitstamp Ltd., Zebpay,, Poloniex Inc., Bitfury Group Limited, Global Area Holding Inc., Digital Limited, IBM Corp, are the other niche players.


Upcoming

The Internet of Things (IoT) is referred as the networking of major physical objects through embedded actuators, sensors, and other devices which can transmit the information about the objects. The data received from these devices can be analyzed to optimize service, products, and operations. Hence, the frenzied pace of adoption, deployment, and diffusion of internet based process and various technology is expected to drive the IoT market.

The rapid plunging costs of IoT sensors and the rise of cloud computing as strong base for IoT is also anticipated to enhance the industry over the forecast period. Furthermore, few other factors contributing to the growth includes technological advancement in broadband and internet; growth in wireless small range communication; omnipresence of various tablets and smartphones generating the gateways for monitoring & controlling IoT devices; and block-chain application along with the transforming influence on IoT security.

Additionally, the development of telecom and internet infrastructure, digitalizing lifestyles of major population, and simultaneous growth of digital consumers are also projected to influence the industry. Also, low cost of devices has increased the application in manufacturing; industrial sector will further influence the market positively over the forecast period.

Increasing focus of suppliers towards IoT technology along with rising standards has influenced the industry growth. However, rising integrity standards have led to the complexity in connectivity may hinder the market growth over the forecast period.

M2M (machine to machine) & telecom providers, device & sensors providers, third-party integration providers, regulatory agencies, governments, consultancy & advisory firms, application developers & aggregators, and Application Program Interface (API) integrators are few clients of the IoT market.

Increasing demand for Big Data Analytics is further expected to fuel the technology implementation since several industries such as energy; transportation, manufacturing, and healthcare are utilizing analytics for tracking the information and maintaining the records for stored data. This integration of IoT and analytics allows continuous transfer of real time data between networks and machine resulting in efficient management of high volume data.

Manufacturers are opting for the technology majorly to enhance business productivity and more optimized and maintained factory floor performance. Increased application for location-based sensors in various sectors to manage and track inventories will accelerate the growth of the market in the forecast period.

APAC is expected to contribute majorly to the IoT industry and is anticipated to witness enormous growth in the forecast period. Increased investments in infrastructure and technological development in various APAC countries and the increasing application of Nano-scale devices and sensors are projected to spur the growth in the region

The IoT market is highly fragmented owing to the presence of large and small players. Major industry players, network & service providers and core machine to machine vendors are focused on merger & acquisition for expanding the industry presence and enhance the customer range. The entry of new vendors with new technology is expected to further enhance the competition in the industry.

The leading competitive large scale vendors in the market include Qualcomm, Alcatel-Lucent, Cisco Systems, and AT&T. The other prominent vendors in the IoT market are Freescale Semiconductor,  Accenture, CTS, ARM Holdings, Atmel, Telefonica, Atos, Bosch Software Innovations, Broadcom, NEC, , Dell, TCS,  Digi International, Amazon Web Services (AWS), Echelon, Zebra Technologies,  Ericsson, GE, Hitachi, , Apple, HP, Huawei Technologies, IBM, Samsung Electronics,  Infosys, , Texas Instruments, Intel,  Siemens, Juniper Networks, Microsoft, National Instruments, Oracle, Rockwell Automation, , Google, SAP, Schneider Electric, Symantec, Tech Mahindra, Tieto, Verizon Communications and PTC.


Upcoming
The global Cloud Radio Access Network (C-RAN) Market is expected to witness substantial growth over the forecast period owing to the adoption of Centralized-RAN architecture by the telecom operators. This will help to overcome the coverage and capacity problem. Also, the network ecosystem is on the verge of transforming owing to increasing demand of 5G technologies and C-RAN (IoT) generating data requirement for new services and application.

The evolution of 5G technology is anticipated to create challenges for current networks framework with the operational and technologically advance models owing to exponential growth of C-RAN Market In addition, reduced charges for Operational Expenditure (OPEX) and Capital Expenditure (CAPEX) along with appropriate 4G & 5G accessibilities are considered to be the major drivers for the industry. 

Growing demand of smartphones, benefits offered by C-RAN, lower total-cost-of-ownership (TCO), enhanced spectral efficiency and continuous replacement of conventional RAN architecture with Cloud RAN are few other factors positively influencing the Market.

However, the interface between Baseband Unit (BBU) and Remote Radio Unit (RRU) may hinder the industry growth over the forecast period. Fully centralized technique is majorly been accepted for C-RAN, which requires massive communication overhead on front haul link along with high cost optical fiber creates major hindrance for the Market growth.  

Telecom and network operators, government council, research organizations, infrastructure architects, investors & venture capitalists are few major clients of C-RAN Market. The Market has been segmented by technological aspects such as centralization and virtualization. 

Under component segment, C-RAN Market has been segregated into infrastructure, services and solution. Based on application, the Market is categorized into large public venues, suburban & rural areas, targeted outdoor urban areas, and high-density urban areas. Among these, targeted outdoor urban area segment is anticipated to grow promptly owing to the benefits including enhancement of existing infrastructure, cost reduction, and performance efficiency.

Asia Pacific region is expected to acquire the major share of the Market owing to the stringent rules and initiatives taken by the network operators and government in various countries such as South Korea, Japan, and China. 

These regions are expected to rollout 5G deployment generating enormous demand for C-RAN deployment over the forecast period. China has emerged as the most productive country owing to its accumulative demand for mobile communication services at very reasonable costs.

The North America region has been following consumer for C-RAN Market. The telecom and network companies are aggressively conducting the trial for C-RAN deployment. Various installments of cells have been done to lay down the foundation to cumulate the network for upcoming 5G deployment. Also, various C-RAN services and solutions providers from Europe are proposing advanced cloud radio access networking solutions.

The key industry players include ZTE Corporation, Nokia Corporation, Fujitsu Ltd, and Huawei Technologies Co., Ltd.,. The adoption of Network Function Virtualization (NFV) is expected to provide enormous opportunity to the semiconductor vendors in the C-RAN Market. Cisco Systems Inc., Ericsson AB, Agilent Technologies, Inc., Ceragon Networks Ltd, Actix International Limited, Intel Corporation, Hitachi Data Systems Ltd., Telco Systems, Aricent Inc. are few other players in the industry.

05
Mar
18
The global Passive Optical Network (PON) market was estimated at USD 5.83 Billion in 2015 and is expected to witness enormous growth over the forecast period. Increasing demand for digitization and secure and reliable network operation is expected to drive the market growth.

Growing requirement for faster network and increasing expansion in the network technologies is further anticipated to augment the industry growth. Furthermore, increasing demand for optimized bandwidth connectivity and growing penetration of internet and telecom services will boost the industry growth over the forecast period. This will further enhance the gigabyte PON technology in the industry.

Few other factors responsible for the technology growth in the market include increased fiber to the home (FTTH) requirements, high return on investments, rising growth in IP traffic, and low cost of ownership. The technology helps in reducing the operating expenses since it requires less installation time, with higher reliability and also help the telecom companies for faster voice, data and other services. 

Growing FTTH deployments for faster access to videos, voice and other services and increasing demand high-speed network for accessing smart systems at home is also projected to enhance the market growth. Furthermore, the increasing penetration of e-governance service, smart grids, and cloud computing will fuel the industry growth over the forecast period.

The market is categorized into structure, component and application. Based on the structure, PON is segregated into Gigabyte Passive Optical Network (GPON), Ethernet Passive Optical Network (EPON) and Wavelength Division Multiplexing Passive Optical Network (WDM-PON). GPON is estimated to hold the share of over 60% of the market in 2015 and is expected to witness steady growth over the forecast period. GPON utilizes the encapsulation method and a single fiber can be used for downstream and upstream data.

Based on the component, the industry is segregated into Optical Line Terminal (OLT) and Optical Network Terminal (ONT). ONT is further categorized into Optical Network Unit (ONU) and splitters. ONT is accounted for major share in the market and is also expected to witness enormous growth over the forecast period. ONT is placed at the end-user premises and while OLT is placed at the central site of the service provider.

                                         Global PON Market Revenue, By Structure, 2014– 2025 (USD Billion)
 


The PON market application is segregated into Fiber to the x (FTTx), mobile backhaul. FTTX is further categorized to Fiber to the home (FTTH), Fiber to the building (FTTB), and Fiber to the cabinet/curb (FTTC). FTTx is used for broadband network architecture for optical fiber deployment. FTTH applications is attaining major share within telecommunication operators and is projected to boost the industry growth. 

Rising data traffic has led to the upgradation in technology structure for enabling higher capabilities and is expected to driving the market. Furthermore, the presence of robust optical network setup and rising demand for conservation of energy are projected to fuel the market growth. Increasing investments in R&D from both the public and private entities for improving the efficiency and connectivity will also enhance the market growth. 

Europe region is estimated to contribute significantly owing to increasing investments from government, and rising demand for passive optical network equipment is further projected to enhance the market growth. Asia Pacific region is also expected to witness significant growth over the forecast period. The factors attributing growth of the region include increasing number of internet users, rapid network implementations in India and China, and increasing demand for greater bandwidth in the emerging economies such as Japan, India and China.

Key competitors include Freescale Semiconductor, Inc., Mitsubishi Electric Corporation, Adtran Inc., Ericsson Inc., Verizon Communications, Inc., and Huawei Technologies Co., Ltd. The key players adopt various strategies to maintain the position in the industry. The strategies include partnership & collaboration, product launch, acquisition, R&D and expansion. Merger & acquisition is considered to be one of the most adopted strategies amongst the players which further help in expanding the market share.

05
Mar
18
The global Power over Ethernet (PoE) market was valued at USD 446.1 million in 2015. The technology enables the transfer of data with electric signals over the paired ethernet cables to the PoE aided devices. Rising adoption of PoE and increasing energy cost in the commercial sector are anticipated to surge the industry growth over the forecast period.

Exponentially growing number of internet users and increasing demand for fast and cost-effective communication is expected to drive the industry growth. Furthermore, the increasing adoption of optical fiber cable for communication is also projected to contribute to the market growth over the forecast period.

The benefits associated with VoIP phones which include ease of installation, low cost of communication, and maintenance has enhanced the deployment of VoIP phones, hence increasing the PoE market growth. Additionally, growing IoT industry has also augmented the growth of wireless access points. The wireless access points and VoIP phones are both compatible to the technology and hence powered with the ethernet cable augmenting the industry growth.

The market is categorized based on products and applications of the industry. Based on the products, the technology can be segregated into power sourcing equipment (PSE) and powered devices (PD). The PD segment is estimated to contribute majorly to the industry with the share of over 50% in 2015 and is expected to grow over the forecast period. The growth can be attributed to rising demand of PoE enables devices which include IP cameras, wireless access points, and VoIP phones.

                                          Global PoE Market Revenue, By Product, 2014– 2025 (USD Million)


 
Based on the application, the technology is segmented to residential, commercial and industrial. The commercial segment includes healthcare, office buildings, retail and others. The PoE demand is led by the commercial segment applications owing to the high demand of technology based products from office for security & access control, connectivity applications. 

North America is estimated to hold the key share in market owing to the increased demand attributed to power sourcing equipment and powered devices manufacturers in the region. Furthermore, Europe is also expected to witness steady growth owing to the growing automotive and healthcare industry in the region. Asia Pacific region is estimated to be the third largest market owing to the developing IT industry kin Japan, China and India and China as a manufacturing hub is also adopting the PoE technology leading to the growth of industry.

Key players include Maxim Integrated Products, Inc., STMicroelectronics N.V., Axis Communications AB, Broadcom Limited, Microsemi Corp., Silicon Laboratories, Inc., and Linear Technology Corp.

05
Mar
18
The global agriculture drone market was valued at USD 193.4 Million in 2015. Agriculture drones have the ability to collect high quality data and are easily processed with data processing tools. 

Farmers are increasingly adopting the technology in farming process for attaining better efficiency and productivity, and for efficient use of land, water and fertilizers. Increasing awareness for precision farming is also expected to drive the market growth over the forecast period. 

Growing funding for the UAV manufacturers and improving precision farming and automation initiatives will also benefit the industry growth. The technology also assists in taking the pictures of their land/ fields and provides soil data for crop management. Furthermore, the combination of technologies which include imaging capabilities, adding sensors and other equipment such as GPS has also enhanced the industry demand.

The application of UAVs in crop monitoring has enhanced the crop yields and has also influenced the industry in funding the UAV-based startups. The startups in the industry are majorly focusing on developing software and hardware accounting for more than 75% of the market. From crop monitoring to automated planting and real-time monitoring, the technology is expected to play an significant role in farming over the forecast period.

Although, stringent government regulations and lack of trained pilots is expected to hinder the industry growth. The universities and institutes developing the technology have started the programs dedicated for guiding and training for operating UAVs will further positively influence the market growth. 

Recently, Aerodyne and non-profit group Meat & Livestock Australia have announced a USD 5.1 Million R&D program “Drone as a Silent Service”. The new program will research on 9 focal points which include fence monitoring, herd location, weed location, bull tagging, feedbase monitoring, feral control, feedlot, water monitoring, and tagless ID. 
Based on the products, the market is categorized into fixed wing, rotary blade and hybrid. The fixed wing is estimated to acquire the major share in the industry owing to their capability to cover long distance and to carry heavy payloads. However, hybrid drones are anticipated to witness significant growth over the forecast period.

The application is further segregated into field mapping, variable rate application, crop scouting and others. Field monitoring is estimated to dominate the market in terms of revenue, owing to benefits such as increased yield by analyzing and monitoring the fields. However, crop scouting is expected to witness significant growth owing to their ability to spray fertilizer accurately.

In Asia Pacific, countries such as China, Japan and Australia are expected to drive the industry whereas Japan dominated the regional market. In the rest of APAC countries such as New Zealand and India are projected to witness stable deployment of drones over the forecast period.

Furthermore, the drone market is projected to be driven by the North America region whereas Europe region is estimated to acquire major share in the industry. The technology enables the farmers to gather the information on real-time and is thus giving a high-technology makeover to the agriculture industry.

Key players in the industry include Trimble Navigation, DroneDeploy, PrecisionHawk, DJI, 3D Robotics and AeroVironment. The competition in the industry is expected to intensify with the development and launch of new products. For instance, American Robotics has recently introduces an autonomous drone solution “the Scout” which is a self-managing, self-charging system capable of autonomously carrying out scouting missions. The vendors in the industry are focused on introducing easy-to-use drones which can efficiently cater the needs of farmers.


Upcoming

Hyperloop is considered as the fifth mode of transportation. It is also referred as a revolutionary train service that envisages the loading of passengers and cargo into a pod and accelerate gradually by electric propulsion through a low pressure tube. The technology is intended for superfast travel between the two large cities with a top speed of 760mph (1,200 km/h).

The Hyperloop system has various components which include the track, tube, propulsion system and capsule carrying passengers/freight. The capsule entails passenger compartment in middle, air compressor in front and battery compartment at the back. The tube tracks are designed to maintain the vacuum inside the tube, although the tubes are not completely air free and will have a low pressure inside the capsule.

The capsule uses a compressor fan at the front which can re-direct air at the back of the capsule, hence providing additional propulsion to the Hyperloop. The redirected air is then sent to the air bearings which further levitate the metal capsule above the tube surface leading to reduction in friction. Thus helps in achieving very high speed of capsules in the tube.

Increasing demand for fastest mode of transportation, with low cost for decongestion of cities and low power consumption structure is expected to drive the market in the longer run. Furthermore, other factors influencing the growth in the country include easier-to-build, less expensive infrastructure, immune to bad weather conditions and resistant to earthquakes and other natural calamities.

Additionally, the hyperloop project in the country will be served as an economic catalyst creating thousands of jobs for manufacturing, service and construction and IT sectors supporting Make in India initiatives. Although, initial cost of investment, lack of awareness and safety & security issues are few factors expected to impact the growth and development of hyperloop in the country.

In March 2017, Hyperloop One Vision For India, New Delhi, the company has shortlisted 5 sustainable proposals for the country which include Bengaluru to Chennai (334 km in 20 minutes), Bengaluru to Thiruvananthapuram (736 km in 41 minutes), Delhi to Mumbai via Jaipur and Indore (1,317 km in 55 minutes), Mumbai to Chennai via Bangalore (1,102 km in 50 minutes), Bengaluru to Chennai (334 km in 20 minutes).

Recently, in February 2018, Maharashtra government has signed the agreement with the Virgin Hyperloop One for building a hyperloop between Mumbai and Pune starting with an operational demonstration track. In 2017, the company has signed a memorandum of understanding (MoU) with the Pune Metropolitan Region Development Authority (PMRDA) for analyzing the level of economic impact and for identifying the potential routes with technical viability of the hyperloop transportation solutions in the country.

The proposed route for hyperloop will connect central Pune to Mumbai and Navi Mumbai International Airport in 25 minutes and will support 150 million passenger trips annually. The demonstration track will be constructed in 2-3 years and will be prepared for testing, certifying and regulating the system for commercial operations.

Few major players in the market include AECOM India and Hyperloop India, DGWHyperloop which are working on the hyperloop technology. Furthermore, a non-profit consortium of volunteers and organizations are also involved in recreating the transportation in India. In August 2015, BITS Hyperloop which is a fully funded Indian team among the 120 teams are selected globally for presenting their designs at the 2016 SpaceX Design Weekend.

Hyperloop India has now decided to constitute a team of students and faculty from BITS Pilani, IIM Ahmedabad, Indian School of Business consulting for logistics, transportation, and infrastructure. The company is also planning to include data specialists from organization such as NITI Aayog, RITES, SocialCops and DP World India for the hyperloop technology.


Upcoming

Solar roof tiles or solar shingles also referred as photovoltaic shingles, are the solar panels designed to function as the conventional roofing materials while producing electricity. Solar roof tiles are built into the structure of the roof making them an inconspicuous choice for the homeowners. The tiles produce the renewable electricity same as solar panels and each tile is made up of photovoltaic (PV) cells. Solar roof tiles or solar shingles are the building- integrated photovoltaics (BIPV).

Solar shingles are smaller in size comparison to traditional solar panels and are comparable to traditional roofing shingles about 86 inches long by 12 inches wide and weigh 13 pounds per square foot. Each shingle can produce 13 to 63 watts of electricity. These tiles are usually less than an inch thick and a standard installation is 350 tiles which can be installed in any climate.

The amount of electricity produced will depend on the various factors which include duration of the time for which tiles are exposed to sunlight, the efficiency rating of the solar tiles and orientation and angle of the roof. The electricity generated can be stored in solar battery storage system for future use. However, the price of the solar tiles is high compare to the solar panels but installing the solar tiles will add the value to the house. According to the Energy Saving Trust, installation of the solar tiles can increase the house price by as much as 10%.

Increasing demand for the tiles in new building properties for better energy efficiency is expected to enhance the industry growth over the forecast period. Furthermore, solar shingles also offer the huge opportunity for re-roof the property to the home owners for enhanced energy efficiency.

Easy installation along with the sleek appearance of the solar roof tiles is anticipated to impact the market demand in a positive manner. Moreover, high installation cost and lower efficiency of the solar tiles is projected to restrain the industry. However, the installation prices will fall as the homeowners grow more accustomed to own PV products such as solar shingles, hence providing the opportunity to increase the industry share.

Additionally, the UK government Feed-in Tariff scheme has also encouraged the property owners to re-roof their property. The tariff scheme is split into two set of payments which include Generation Tariff and Export Tariff. The scheme has stimulated the demand across the region as the people earn the money for every kWh of electricity generated through the solar shingles and also on the extra kWh of electricity fed to the National Grid.

Key manufacturers in the industry include SolarCity (Tesla, Inc.), CertainTeed (Saint-Gobain), Solarcentury, SolarShingle Canada, Atlantis Energy Systems, Forward Labs and SunTegra Solar Reef Systems. In January 2018, Tesla, Inc. the company announced that the company is ramping up the production of solar tiles product at their Buffalo Gigafactory in New York and also stated to begin the installations for their customers.


Upcoming

Cryptocurrency ATM are machines or kiosks connected to internet which allow the inclusion of cash in exchange of cryptocurrencies such as Litecoin, Bitcoin and others. The ATMs generates paper receipt which allocates the money to a public key on the blockchain. Cryptocurrency or virtual currency is a medium of exchange generated and stored electronically in the blockchain using the encryption techniques for controlling the creation of monetary units and for verifying the transfer of funds.

Bitcoin, Ethereum, Litecoin and Dogecoin are few crypto coins available and are dominating the market. In some cases, the transaction entails the users to have current accounts along with the operator. Moreover, these machines are also introduced to support multiple wallets and exchanges and are programmed to support any nation currency of various denominations. Growing acceptance of decentralized means of transaction is expected to fuel the market over the forecast period.

Growing number of investors, and user confidence in cryptocurrencies, are also projected to spur the industry demand. Also, increasing mining complexity and growing awareness among the consumers for the crypto coins is further expected to enhance the demand. According to the Coin ATM Radar, the number of bitcoin ATMs is increasing at a steady growth rate of 1.72 ATMs per day.

In 2017, Coinsource, one of the major players in the bitcoin ATM industry from California has added 14 new ATM machines in Southern and Northern California. The company installation rate has increased from 1.2 machines per week in 2016 to 2.3 machines per week making a total of 39 units in the region.

The ATM machines installed by Coinsource network are “Two way” machines which is used for buying and Selling the bitcoin. Two-way ATM machines globally represent only one-third of the supply (approx. 30%), which also allows consumer to sell the crypto coins, i.e., bitcoin for approved cash and one-way ATM machines two-third of the market share around 70%.

However, companies such as Lamassu are installing the Ethereum ATM’s. The processing time of Ethereum ATM’s is quite less as compare to the Bitcoion ATM’s. An Ethereum ATM takes few seconds for completing a transaction whereas Bitcoin ATM takes around 10 min to complete a transaction. Lamassu has launched approximately 196 ATMs holding a noble share in crypto ATM in the international market.

However, the issuing fee associated with transaction made for buying the crypto coins is expected to restrain the market. Furthermore, the providers and manufacturers of the ATM machine are different results in support issues and less efficient ATMs which is also anticipated to hinder the industry.

North America region remains the dominating region in terms of value and volume owing to the maximum installations of ATMs in the region such as U.S., Canada and is also expected to dominate the market share over the forecast period. The region is then followed by Europe, Asia Pacific and Latin America. The Key manufacturers in the market include Genesis Coin, General Bytes, Lamassu, Coinsource, BitAccess, Covault, and BitXatm.

07
Feb
18

The shipment for the Global SCARA Robots Market was estimated to be 36,263 units in 2014 and is anticipated to have moderate growth over the forecast period. Increasing demand for automation for increasing the efficiency and reducing the manual labor is projected to enhance the industry growth. The ability of the SCARA robots to perform function in multiple dimensions enables the robots to perform various tasks which include sealing, material-handling, welding, assembling, cutting, picking, spraying and painting, and machine tending.

Increasing need for assembling and material handling in process lines in automotive industry has led to the persistent demand of the robots. SCARA robot offers high speed abilities, and requires minimum operation space. The demand for the robots is growing at an enormous rate with the exponentially growing electronics and automotive industry, since these robots need less maintenance costs benefitting the industry.

The intense competition of these robots with the Cartesian robots and articulated robots has led to the development of SCARA robots. High competition in the robots industry has led the vendors to investigate the opportunities and hence, increase the R&D activities for developing more cost effective products.

One of the major drivers influencing the market is increasing demand of robots for palletizing. These robots are used for performing mechanical operations such as stacking or packaging items on surfaces or pallets. Growing investment in food &beverage, electronics and electrical industries and increasing application in semiconductor industries and in other segments such as ceramics and stone, paper, textile, optical and printing in Asia Pacific region has enormously contributed to the market growth.

Based on the end user, the market is segmented into Electrical and Electronics industry, Automotive industry, Rubber and Plastic industry, Food & Beverage industry, Heavy machinery industry, Metal industry and others. The robots market in food & beverage industry is anticipated to grow steadily over the forecast period owing to the preference of articulated robots over SCARA robots for ease of pick and place applications in EMEA and North America regions.

Asia Pacific is expected to acquire the major share in the market owing to the growing FDI in electrical and electronics and automotive industries in China, Japan, and India. Furthermore, favoring government initiatives for influencing the end-users to select for robotic solutions in their manufacturing processes and for enhancing the investment opportunities is also projected to boost the industry growth. The rubber and plastic industry is projected to gain traction in Latin America and Asia Pacific region owing to the falling production cost and improving logistical connections.

Key industry players include EPSON Robots, Adept Technology, Kuka, Yamaha Robotics, Toshiba Machine, Omron Adept Technologies and Staubli Robotics. The SCARA robots market is characterized by the presence of diversified regional, international, and local vendors. Various local and regional vendors offer high level of customization at a very low price comparative to international vendors.

The new competitors emerging find it difficult to survive in terms of features, quality and functionalities owing to the high competition in the market. The competitive environment in the market is expected to intensify with the increase in product extensions, better services, technological innovations, and mergers and acquisitions during the forecast period.

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Upcoming

The Energy efficient lighting technology helps in reducing the electricity demand and is referred as the cost effective method since the technology has controlled the costs. The technology also plays a major role in improving energy independence and in reducing the environmental impacts.

Energy efficient lighting refers to the application of more illumination from less power lights or by eliminating the high power lights which include high discharge lamps, incandescent lamps. The lighting can also be applied with the several control technologies such as SCADA, GSM or GPRS based controls for more efficient results.

The players in the market are focusing on energy efficient lighting technology to develop more affordable yet sophisticated and reliable lighting products for serving the various requirements of the customers. Light Emitting Diode (LED) and Compact Fluorescent Lights (CFL) bulbs are considered as the energy efficient lighting in the market as they consume around 75% lesser energy.

Increasing green building initiatives coupled with government initiatives for adoption of energy efficient solutions in several countries are considered as the major factors anticipating the market. Furthermore, growing awareness among the consumer related to energy efficient products and devices is also projected to fuel the market growth.

Increasing implementation in various residential, enterprises and commercial buildings along with the deployment of the smart cities and smart building using the energy efficient lighting solutions are few other factors enhancing the industry growth. Owing to their significantly longer life and self-ballasting ability, CFLs are replacing the incandescent lamps enhancing the market demand for CFLs.

Although, the CFLs contain chemical elements and gases such as Xenon, Mercury which are toxic in nature and environmental concerns related to the exposure of the gases has hampered the industry growth to a certain extent. However, the enduring technology advancements towards the product development and offering is projected to generate more potential opportunities for the industry participants over the forecast period.

Based on the products, the energy efficient lighting technology can be segmented into light emitting diode (LED), incandescent lamps, arc lamps and gas discharge lamps. The LEDs are expected to hold the major market share over the forecast period owing to their elevated popularity occurring from availability of LEDs in different customized shapes for both residential and commercial applications.

By Application, the market can be segregated into residential, commercial and government and based on correlated color temperature, the technology market can be segmented into 2700K-3000K, 3500K-4000K, 4000K-5000K,5000K-6500K and more than 6500K. The residential sector is estimated to be major sector driving the demand, although government segment is anticipated to swiftly adopting the technology in their premises, public places and initializing the smart cities projects for further development of the technology.

Europe accounts for highest share in the global industry owing to the high adoption rate of the energy efficient solutions and the initiatives taken by European Union attributed towards zero energy building by 2020. The market is further followed by the North America and Asia Pacific regions. The growth in the Asia Pacific region is attributed to increasing implementation of the technology coupled with growing urbanization.


 

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Virtual Eventsis basically involves communicating or interacting with people that shares a common virtual environment. Virtual events are an alternative to the actual physical counterparts with highly interactive means of experience and are gaining traction among the private enterprises across the globe. Various companies participate in events such as trade shows, conferences etc. in order to generate new sales leads and for networking. Physical events can be a hassle for large corporation showcasing their portfolio and technologies and indulges in numerous of other vendors. In addition, small and medium businesses get left out as large corporation gains a premium advertising space and keynote presentation time. Thus leading to a highly competitive and costly affair. Virtual events reduces this complexity and in turn reduces the cost associated with showcasing the product in a physical medium.

Growing number of SMEs, increasing demand for unified communication and collaboration, increasing adoption of SaaS-based applications, reduced cost associated with the system are some of the factors that would drive the growth of global Virtual Events Market. Integration of the new system onto the existing infrastructure isexpected to hinder the growth of the Virtual Events Market to the certain extent.

The global Virtual Events Market can be segmented on the basis of type, component type, application and region. On the basis of type, the global Virtual Events Market can be segmented into Virtual conferences, Virtual tradeshows, Online courses & training webinars and Immersive virtual reality exhibitions.On the basis of component type, the global Virtual Events Market can be segmented into Streaming & unified communications, Content & media development, Networking & collaboration tools, Event marketing (contact &email management, social media), Attendance & speaker management, Access management, Learning management system (LMS), Content management system (CMS), Immersive environment hardware, Immersive environment management system, Event planning services, outsourcing, Analytics and VR hardware & software.On the basis ofapplication, the global Virtual Events Market can be segmented into private and public sectors. On the basis of region, the global Virtual Events Market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. In addition, North America Virtual Events Market accounts for a larger share in the global market.

Some of the key players in the global Virtual Events Market include Adobe Systems Incorporated, Avaya, Cisco Systems, Inc., Citrix Systems, IBM, Microsoft Corporation, 8x8 Inc., Mitel Networks, Alcatel-Lucent S.A., Huawei Technologies and Atlassian Corporation Plc.


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Wireless Charging gives a helpful, safe, and solid approach to charge and power a large number of electrical gadgets at home, in the working environment and in industry. By disposing of the utilization of physical connectors and links, wireless charging gives various proficiency, cost and security focal points over the customary charging link. From cell phones, to hand-held modern gadgets and overwhelming obligation gear applications, wireless power looks after sheltered, nonstop, and dependable exchange of energy to guarantee all assortments of gadgets and hardware are charged and prepared to go immediately.

The market for wireless charging is driven by the upsurge in the sales of electric vehicles. Moreover, the continuously progressing portable wearables and electronics market boosts the wireless charging market. Also, the gathering ambient RF energy that has become a necessity drives the wireless charging market. However, the huge expense on the technology upgradation is a major hindering factor for the wireless charging market. The market for wireless charging market views huge growth opportunity from the growing internet of things (IoT). Moreover, the extraordinary research for wireless charging technologies is a good growth opportunity for the wireless charging market. Nevertheless, the wireless charging market faces certification challenges. Also, the fact that the wireless charging is not well-suited with the existing electronic items is a major challenge for the market.

The wireless charging market is bifurcated on the basis of technology, industry and regions. Based on technology, the market for wireless charging can be bifurcated into inductive, radio frequency, resonant, and others. Laser and microwave are included in the other section. Inductive charging segment accounted for largest share for wireless charging market. Electronics, industrial, automotive, aerospace & defense, and healthcare are the various industry vertical for wireless charging market. The automotive industry was the biggest revenue generator for wireless charging market owing to its rapidly growing adoption and the necessity for charging units.

The market for wireless charging is analyzed based on five regions namely North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Asia-Pacific dominated the wireless charging market in the current year because of the rapid demand for electronic devices such as smartphones and tablets. Also, the upsurge for the electric vehicles in the region is the major growth factor for the rise of wireless charging market. LAMEA region is projected to witness the highest growth rate for wireless charging market in coming few years.

Some key players in the wireless charging market include Samsung Electronics Co. Ltd, Texas Instruments Inc., Qualcomm Technologies Inc., Powermat Technologies Ltd., Integrated Device Technology Inc., Witricity Corporation, Sony Corporation, Fulton Innovation LLC, Murata Manufacturing Company Ltd., and Energizer Holdings Inc. These key players involved in the global wireless charging market are focusing on key market strategies including mergers and acquisitions with local as well as established players. Moreover, companies are also focusing on collaborating with local players to increase their reach across all geographies and earn huge profits. Partnership with multinational companies to strengthen their market reach and goodwill is also anticipated to be a major market strategy in the global wireless charging market.


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Small satellites, also known as miniaturized satellites are satellites of small size and low mass generally below 500 kg. The main advantage offered by the small satellites is associated with the cost of launching the satellites and the low construction cost. Small satellites if used in more numbers prove more effective and economical as compared to the larger satellites used in fewer numbers. One of the technical restraints in the construction of small satellites is the absence of appropriate storage for power supply and propulsion system. The global small satellite market is analyzed to witness substantial growth over the forecast period. Technological advancements and a wide array of applications in various markets have attracted many commercial and government investments in small satellites. Small satellites are extensively used in navigation systems, crop monitoring, human migration, weather forecasts, ariel photography, earth observation and military purposes. Small satellites are also used for tactical communication, medium resolution imagery, technology development, geospace and atmospheric research.

The small satellite market is driven by the increasing demand for satellite miniaturization across the globe. The increased focus on reducing the mission cost is anticipated to boost the global small satellite market over the forecast period. In addition to this, the huge investment in major key players in small satellite market is expected to augment the demand for small satellite over the forecast period. The lack of vehicles to launch the small satellites to space is projected to restrain the growth of small satellite market. In addition, the scientific and programmatic risk involved in small satellites is expected to hamper the growth of small satellite market in the recent years. The increased demand for big data is anticipated to bring in new opportunities for major players in small satellites market.

The small satellite market is bifurcated on the basis of type, end-use, and application. The market is segmented based on type as Nano satellite, micro satellite, and mini satellite. The small satellite market is segmented by end-use as commercial, civil and defense. The global small satellite market is bifurcated based on the application as communication, scientific research and exploration, mapping and navigating earth observation and meteorology, and surveillance and security.

The market for small satellite is analyzed based on five regions namely North America, Europe, Asia-Pacific, Latin America and Middle East. North America dominated the small satellite market in the current year because of the increased demand from defense sector in this region. Asia-Pacific and Europe are also expected to contribute a significant share in the global small satellite market. Middle East is projected to witness moderate growth in the global small satellite market. Some key players in the small satellite market Sierra Nevada Corporation, SpaceX, Surrey Satellite technologies Ltd., ST Engineering Limited, Airbus Defense and space, Planet Labs, GeoOptics Inc., Northrop Grumman Corporation, and Oneweb Ltd. The major players in the global small satellite market have adopted the strategy of mergers and agreements so as to sustain their significant market share. This has helped the companies to extend their services to different regions.


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Small drones can be remotely operated to gather information with least human intervention and eliminating the need of human on board. Small drones are also employed in news bulletins, film production, and music videos for producing aerial videos. They are also used to inspect and investigate lands that are remotely located owing to their extended operational capacity. Small drones have gained increased acceptance from various manufacturers for the commercial application in the market over the past few years. Private agencies and government organizations have invested huge amounts in the production and development of innovative and efficient small drones for commercial and defense application, having advanced payloads and better endurance capabilities at a low cost. The market is fueled by factors such as rapid increase in commercial applications and improved operational efficiency. One of the restraining factors for the small drones market is the lack of skilled pilots and stringent airspace regulations for commercial use.

The global small drones are driven by the need of an enhanced military program for the national defence strategy. An excellent option to achieve this is by the use of unmanned systems for reconnaissance, information gathering, observation, and communication. This has boosted the growth of small drones market for military purposes. Other factors augmenting the growth of small drones market are reduced cost owing to the small size and technical advancements in the current products at a relatively lower price. Need for increased surveillance activities due to rising tension in the international borders is also expected to increase the demand for Small drones over the forecast period.

The small drones market is classified on the basis of size, applications, payload, product type, and regions. By size, the small drones market is segmented into mini, micro and nano. By application, the small drones market is segmented into commercial and defense. By payload, the small drones market is segmented into Telemetry System, Sensor, Camera, NBC Detection, Videoscreen, and SAR. By product type, the small drones market is segmented into fixed wing and rotary wings. The nano drones market accounts for the major share in the small drones market. The use of small drones in a defence dominated the small drones market in the application.

The market for small drones is evaluated based on five regions namely North America, Europe, Asia-Pacific, Latin America and Middle East. Asia Pacific is responsible for a major share in the small drones market due to increased use of small drones in activities such as logistics, crop monitoring, reconnaissance, wildlife conservation and surveillance in developing countries such as India and China.

Some key players in the military laser systems market are Lockheed Martin Corporation, Aerovironment Inc., Parrot SA, Elbit Systems, Ltd., 3D Robotics Inc., The Boeing Company, BAE Systems, Inc., Thales Group, SAAB AB, Textron Inc. The top players in the global small drones market have implemented the strategy of mergers and expansions to maintain their position in the market. Continuous research and development to provide new and better products in the market have helped to gain a major share in the small drones market.


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The military laser system is gaining increased acceptance due to a high degree of temporal and spatial coherence. Lasers are used for various applications such as guiding munitions, marking targets, missile defense, blinding troops and Electro-Optical Counter Measures. One of the new trends in the market is the development of underwater laser communication. Catering to the need of necessity for highly secured and consistent underwater communications durable laser systems such as the blue-green lasers are being developed. The blue-green lasers have the ability to transmit data from one point to another without the use of fiber optic cables. They are capable of penetrating through water and thus providing high-speed communication in the naval application. The underwater laser systems offer flexibility and ease of usage. As these systems are capable of transmitting secret information and have a low signal-to-noise ratio, they are widely used in the defense activities.

The global military laser system is driven by the increased use of specialized and accurate weapons in war and security applications across the globe. The laser systems have an added advantage of firing at the target from long distances which prove extremely beneficial in war zones and secretive military operations. Focus on abilities such as high precision and power is anticipated to boost the global military laser system market over the forecast period. In addition to this, the use of laser systems in homeland security is expected to augment the demand for military laser system over the forecast period.

The military laser systems market is classified on the basis of technologies, products, applications, and regions. By product, the military laser systems market is segmented into LIDAR, laser designator, laser weapon, 3D scanning, ring laser gyro, laser range finder, and laser altimeter. By application, the military laser systems market is segmented into Solid-State, Fiber Laser, Chemical Laser, Semiconductor Laser and CO2 Laser. The 3D scanning segment is analyzed to account for the highest market growth during the forecast period. By application, the military laser systems market is segmented into homeland security and defense. There LIDAR segment can be further divided into Range Finders, Doppler LIDARs, and DIAL. The military segment in application dominated the military laser system market in the past few years.

The market for the military laser system is evaluated based on five regions namely North America, Europe, Asia-Pacific, Latin America and Middle East. North America dominated the military laser system market in the current year due to increased use of laser systems in war zones and for security purposes. Some key players in the military laser systems market are Coherent Inc., Raytheon Company, Newport Corporation, Thales SA, Lockheed Martin Corporation, Northrop Grumman Corporation, BAE Systems PLC, American Laser Enterprises, LLC, Quantel and Frankfurt Laser Company. All the key players in the global military laser systems market have implemented the strategy of mergers and expansions to maintain their position in the market. Continuous research and development to provide new and better products in the market have helped to gain a major share in the military laser systems market.


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5G stands for 5th generation mobile technology which is completely wireless communication that has incredible transfer speed. The concept of 5G started from the 2010s, and the expected speed is up to 1 Gbps. The 5G concept provides the real wireless world with no limitations with zone and access issues. The major advantages of 5G technology are higher data rates, provides high security and more efficient than other generation technologies.

The increase in demand for 5G technology from the telecom industry is the major driving factor for the 5G market. Also, the increased demand for corporate video conferencing and the rise in the need for smoother video streaming are other factors owing to the growth of the 5G market. Tenaciously ascending fast and vast system scope requests from various industry applications, for example, removed learning, independent driving, multi-client gaming and video conferencing, musical show live spilling, telemedicine, and enlarged the truth is expected to fuel 5G market growth. However huge capital investments and slow return rate are the major growth restrictions for the 5G market. Security and privacy issues are other major hindrance for the 5G market. The improved demand for the Internet of Things (IoT) utilization is an apparent growth opportunity for 5G market.

The global 5G market can be segmented on the basis of technology, type of implementation, and application and region. By technology, the global 5G market can be segmented into MIMO multi i/p and multi o/p, cloud RAN, antenna technology, wave radio access, and spectrum management. Base station, small cell, macro cell, baseband units, mobile core, remote radio heads, and front haul and backhaul networks are the types of implementation for the 5G market. The applications of the 5G market include internet services, multimedia, gaming, mobile TV, and transportation management.

On the basis of region, the global 5G market can be segmented into North America, Latin America, Europe, Middle East & Africa and Asia Pacific. U.S., Japan, South Korea, and China are expected to be the early adopters of 5G technology. U.S. is the major revenue generator for North American 5G market and is expected to dominate the market during the forecast period. Japan and U.S. are projected to witness the highest growth rate for 5G market during the forecast period.

Key players involved in the global 5G market are focusing on key market strategies including mergers and acquisitions with local and established players. Moreover, companies are also focusing on collaborating with local players to increase their reach across all geographies and earn huge profits. Partnership with multinational companies to strengthen their market reach and goodwill is also anticipated to be a major market strategy in the global concrete bonding agents market. Some of the major players involved in the manufacture and supply of 5G include Cisco, Ericsson, Samsung, Qualcomm, Intel, NEC Corporation, Huawei, Verizon, AT&T, T-Mobile USA, Inc., LG, SK Telecom, Korea Telecom, Nokia Networks, and China Mobile.


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E-Passport basically contains an electronic chip that has all of the information found on a traditional passport, as well as a biometric identifier. In order to prevent fraud activities and identity thefts, various law enforcement agencies have been working to invent new ways to combat these problems. With the advancement of biometrics sensors which are now commonly adopted across various platforms such as ATM cards, Personal computers (PCs) and currently smartphones. The same feature is being added to passports in order to enhance its security. It has various added benefits over traditional passports such as improved air security process, securely identify the traveler and with the aid of embedded chips within the e-passport that offers digital signatures which are unique thus detecting tamper of the information stored easier. On the component that make the e-passport secure is the public key infrastructure technology included in it which provides a variety of authentication solutions to keep e-record secure. 

Growing number of air passengers, declining cost of air fares, emergence of low-costmultimodal biometrics sensorsand durability and high-performance contactless capabilities are some of the factors that would drive the growth of global E-Passport Market. In addition to enhancement of security protocols through the implementation of e-passports by international security agencies and growing number of stringent regulationsare certain other factors to boost the e-passport market.High cost of initial deployment and integration of the system onto the legacy infrastructure are expected to hinder the growth of the E-Passport Market to the certain extent.

The global E-Passport Market can be segmented on the basis of type and region. On the basis of type, the global E-Passport Market can be segmented into hardware, software and services. The hardware segment can be further segmented into E-PASSPORT CHIP, biometrics sensors, Radio-frequency identification (RFID) and Public Key Infrastructure (PKI). In addition, the service segment can be further broken down into consulting, integration, managed and maintenance and support services.On the basis of region, the global E-Passport Market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. In addition, North America and Europe E-Passport Market accounts for a larger share in the global market. In addition, Asia-pacific e-passport market is anticipated to grow at a high CAGR during the forecast period.

Some of the key players in the global E-Passport Market include Gemalto, Giesecke & Devrient, Infineon Technologies, Safran Identity & Security, Oberthur Technologies, 4G Identity Solutions, ASK, CardLogic, DataCard, HID Global and IRIS, Mühlbauer among others.


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Digital Transaction Management (DTM) is basically a tool for business process management and is designed todigitally manage documents-based transaction. This tool includedocument transfer and certification, e-signatures, authentication and nonrepudiation, and secures archiving. In addition, it involves various processes that manages electronic transactions and the documents associated with them. DTM involves streamlining business process by keeping document processes digital. It creates an automation for businesses, reduce the overall cost and has a  faster turnaround time.

Growing demand for cloud-based services across the globe, increasing digitalization initiatives in developing regions and growing number of SME’s are some of the drivers that are expected to boost the growth of Digital Transaction Management (DTM) market. Integration of these systems onto the already existing IT infrastructure is expected to hinder the growth of Digital Transaction Management (DTM) market to a certain extent. 

The global Digital Transaction Management (DTM) market can be segmented on the basis of component type, product type, deployment type, application and region. On the basis of component type, the global Digital Transaction Management (DTM) market can be segmented into software and services. The services segment can be further broken down into consulting, integration, managed and maintenance and support services. On the basis of product type, the global digital transaction management market can be segmented into authentication, e-signatures, non-repudiations and workflow automation. On the basis of deployment type, the global Digital Transaction Management (DTM) market can be segmented into on-premise and cloud-based.On the basis ofapplication, the global Digital Transaction Management (DTM) market can be segmented into banking, financial service and insurance (BFSI), healthcare, IT & Telecommunication, tourism,media and entertainment, retail, government and others. On the basis of region, the global Digital Transaction Management (DTM) market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America.Currently North America accounts for the largest share of the global Digital Transaction Management (DTM) market and other regions such as Asia-pacific is anticipated to grow at a high CAGR during the forecast period.

Some of the key players in the global Digital Transaction Management (DTM) market include Oracle Corp., HP Inc., Citrix Systems Inc., DocuSign Inc., Microsoft Corporation, Esignlive, Thinksmart, Kofax, Captricity and Fluix.


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Converged infrastructure also known as converged architecture is a method of managing the data center which includes various hardware components such as servers, storage and networking components. It also includes a toolkit of management software that provides and effective management of the hardware components and data involved. Converged infrastructure market is gaining traction as various orgainisation are shifting from owning hardware to a flexible service model-based systems where in resources are consumed on demand. It not only improves performance efficiency but increases developer productivity time, faster set-up of new systems and improves cost of deployment. Converged infrastructure provides a single integrated solution that comprises of bundling of multiple information technology assets such as hardware and software in order to be used as a resource.

Aging of the tradition datacenters, lowered capex and opex of IT infrastructures and growing demand for online content are some of the factors that would drive the growth of global Converged Infrastructure Market. Initial cost of the deployment and integration of the new system onto the existing infrastructure are expected to hinder the growth of the Converged Infrastructure Market to the certain extent.

The global Converged Infrastructure Market can be segmented on the basis of component types, architecture type, end-user industry, verticals and region. On the basis of component type, the global Converged Infrastructure Market can be segmented into hardware software and services. Hardware components can be further segmented into servers, networking, storage and other infrastructure components. Services segment can be further segmented into installation and integration, consulting and professional and maintenance and support services. On the basis of architecture type, the global Converged Infrastructure Market can be segmented into custom and pre-configured. On the basis of end-user industry, the global Converged Infrastructure Market can be segmented into enterprises, cloud-based providers and colocation service providers. On the basis of verticals, the global Converged Infrastructure Market can be segmented into Banking Financial Services and Insurance (BFSI), IT & telecom, retail, manufacturing, healthcare, public sector and others. On the basis of region, the global Converged Infrastructure Market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. In addition, North America Converged Infrastructure Market accounts for a larger share in the global market. 

Some of the key players in the global Converged Infrastructure Market include HP Inc., Netapp, EMC, IBM, Dell Inc., Oracle Corporation, Cisco Systems, Inc., Hitachi Ltd., Fujitsu Ltd and Huawei Technologies Co. Ltd..


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Floriculture is part of a larger group known as horticulture which primarily concerns with cultivation of flowers and ornamental plants. It also includes production of planting materials through seeds, budding grafting, cutting etc. Widely used flowering plants are poinsettias, orchids, florist chrysanthemums, and finished florist azaleas. Foliage plants are also sold in pots and hanging baskets for indoor and patio use, including larger specimens for office, hotel, and restaurant interiors. The demand for floriculture is rising as consumers have become more refined in attaining new products, this in turn led to shifting of production form developed to developing countries.

Growth in funding and infrastructure development, advancements in medical power supply products, rising trend of home healthcare., increasing disposable income and trade are some of the drivers that are expected to boost the growth of Consumer Floriculture market. Increasing competitive landscape with new entrants and local players are anticipated to hinder the growth of market to a certain extent. 

The global Consumer Floriculture market can be segmented on the basis of product type, application and region. On the basis of product type, the global Consumer Floriculture market can be segmented into Cut Flowers, Bedding Plants, Potted Plants and Other. On the basis of application, the global Consumer Floriculture market can be segmented into Personal Use, Gift, Conference & Activities and Others. On the basis of region, the global Consumer Floriculture Market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. Asia-pacific is expected to gain a higher CAGR during the forecast period.

Some of the key players in the global Consumer Floriculture Market include Dümmen Orange, Syngenta Flowers, Finlays, Beekenkamp, Karuturi, Oserian, Selecta One, Washington Bulb, Arcangeli Giovanni & Figlio, Carzan Flowers, Rosebud, Kariki, Multiflora, Karen Roses, Harvest Flower, Queens Group, Ball Horticultural.


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With the growing advancement in the consumer electronic industries especially the sensors market a gradual shift is being witnessed from 2D to higher visual technologies. The 3D & 4D Technology enhances the viewers experience with the perception of actually being in the virtual world with the help of depth effect. 4D technologies goes a bit further beyond the depth as films stimulate the actual environment occurrences based on what is projected. Some of the effect include inducing wind, smoke, lighting, air bubbles and vibration that gives an extra edge and richer feel experience. Major vendors and various start-ups have emerged in order to tap into the lucrative opportunity as the application of this technology looks promising and non-exhaustive.

Rising investments by government and private companies for the development of cost-effective printing services, cad-based prototype manufacturing of customized parts and growing demand for 3D technology in entertainment industry are some of the factors that would drive the growth of global 3D & 4D Technology Market. Non-standardization of the delivery format is expected to hinder the growth of the 3D & 4D Technology Market to the certain extent.

The global 3D & 4D Technology Market can be segmented on the basis of technology, end-user industry and region. On the basis of technology, the global 3D & 4D Technology Market can be segmented into input devices, imaging solutions, output devices and applications. The input devices can be further segmented into scanners, cameras, and sensors. Imaging solutions can be further segmented into Modelling, Scanning, Layout & Animation, Rendering and Image Reconstruction. The output devices can be further segmented into Displays, Head-Mounted Displays, Smartphones, Digital Signage Displays, Televisions, Projectors, Glasses and Printers. On the basis of end-user industry, the global 3D & 4D Technology Market can be segmented into Military & Defense, Automotive, Construction, Consumer, Engineering, healthcare and entertainment. On the basis of region, the global 3D & 4D Technology Market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. In addition, North America 3D & 4D Technology Market accounts for a larger share in the global market.

Some of the key players in the global 3D & 4D Technology Market include Samsung Electronics Co., Ltd., Faro Technologies, Inc., Hexagon Ab, Autodesk, Inc., Dassaults Systèmes SA, 3D Systems Corporation, Stratasys Ltd., Dreamworks Animation SKG, Inc., Vicon Motion Capture Systems Ltd., Barco N.V., Dolby Laboratories, Inc. Sony Corporation, Google Inc., Cognex Corporation and Qualisys Ab.


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With the advent of digitalization, various devices across platforms has witnessed an undergoing change by getting connected. Such process has transformed a basic door lock in to a smart home security device enhances security with secure keyless access, user identification and even automated control of other devices around your home. Smart door locks offer sophisticated "access control" features to any home or business. 

Proximity sensors like Bluetooth and NFC can enable a door to unlock whenever an authorized user's smartphone approaches. Unlike Bluetooth-enabled smart locks, that has a limited range of around 40 feet to communicate with it, Wi-Fi circuitry or a Wi-Fi bridge can be controlled from almost anywhere as long as they are connected to your home router, thus is advantageous over close proximity sensors used. At the basic level, Wi-Fi-based smart locks are basicallysegmented into two styles: deadbolts and lever-style. A deadbolt basically has a keyhole or touchpad, and requires a separate lever to actually open your door. A lever-style lock has the lever, the keyhole, and the keypad all contained in one unit. In addition, one of the feature, which is a common trend for smart locks is a built-in alarm system that will sound when someone tries to forcibly open the lock and the sensitivity of the alarm can be adjusted to suite a particular requirement.

Increasing standards of living, growing IoT applications across regions, increasing demand for smartphones, ease of installation and growing presence of low-cost smart locks systems are some of the drivers that are expected to boost the growth of Wi-fi-based smart locks market. Increasing concern for safety and security is anticipated to hinder the growth of Wi-fi-based smart locks market to a certain extent. Currently North America accounts for the largest share of the global Wi-fi-based smart locks market and other regions such as Asia-pacific is anticipated to grow at a high CAGR during the forecast period. Number of start-up have emerged worldwide and are focusing on tapping into the home automation platforms with diversified portfolio and using online platforms to reach out to a wider set of audience.

The global Wi-Fi-based Smart Locks market can be segmented on the basis of product type, application and region. On the basis ofproduct type, the global Wi-Fi-based Smart Locks market can be segmented into deadbolts and lever-style locks. On the basis of application, the global Wi-Fi-based Smart Locks market can be segmented into households and commercial.On the basis of region, the global Wi-Fi-based Smart Locks market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America.

Some of the key players in the global Wi-Fi-based Smart Locks market include August Home, Goji, UniKey, Yale, Danalock, Lockitron Bolt, RemoteLock, Haven, Sesame, Kwikset,  LOCKSTATEamong others.


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Virtual Classroom is basically an environment whereby participants can communicate, view, interact and engage in a discussion via web. Various businesses can leverage the use of virtual classroom to conduct long distance meetings and aid in strategic decisions and discussions. A virtual classroom engages both instructors and learners to participate in live classes in order to collaborate and interact across the globe. MOOC programs like Coursera are a great example of this concept in action. Online classes not enables to record the classes as it happens but also be able to access the content after the event. This recording can include presentations, audio and visuals. It gives an added advantage or benefit for the participants who did not fully understand the event for the first time by accessing it.Instructors can facilitate while learners can actively engage the material and interact with one another with the added convenience and cost saving that digital environment has to offer.

increasing number of mobile learning applications, growing demand for cloud-based services across the globe, increasing digitalization initiatives across educational institutions in developing regions and growing telecommunication infrastructure are some of the drivers that are expected to boost the growth of Virtual Classroom market. Lower internet bandwidth in certain developing countries is expected to hinder the growth of Virtual Classroom market to a certain extent. 

The global Virtual Classroom market can be segmented on the basis of component type, deployment type, application and region. On the basis of component type, the global Virtual Classroom market can be segmented into hardware, software and services. The services segment can be further broken down into consulting, integration, managed and maintenance and support services. On the basis of deployment type, the global Virtual Classroom market can be segmented into on-premise and cloud-based. On the basis of application, the global Virtual Classroom market can be segmented government, school & colleges, IT & telecommunication, professional services and healthcare. On the basis of region, the global Virtual Classroom market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. Currently North America accounts for the largest share of the global Virtual Classroom market and other regions such as Asia-pacific is anticipated to grow at a high CAGR during the forecast period.

Some of the key players in the global Virtual Classroom market include BrainCert, SAP SE, Docebo, Saba Software, Skyprep, Oracle Corporation, Edvance360, Brainier, Bluevolt  and Instructure.


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Optical fiber and cable is among an important and critical component of the entire optical components. The installation is basically the most labor-intensive part of the entire network primarily due to the tedious undersea and underground installation process involved. Overall cost for optical fiber represents almost 10 percent of the entire fiber optic system. Specialty optical fibers belong to the broader optical fiber and are widely used in harsh or hazardous environment especially in industries such as mining, oil and gas, electric utilities etc. 

Advances in optic fiber technology are primarily the main driver for the growth of the global specialty optical fibers. In addition, to up gradation of the backend of telecommunication industry, growing demand for effective methods in mining and oil and gas industries are also expected to boost the demand for specialty optical fibers to a certain extent. Increasing competition and high cost associated with installation are anticipated to hinder the growth of market to a certain extent. 

The global Specialty Optical Fibers Market can be segmented on the basis of product type, fabrication methods, application and region. On the basis of product type, the global Specialty Optical Fibers Market can be segmented into Erbium and Rare-Earth Doped Fibers, Photosensitive Fibers, Polarization Maintaining Fibers, Photonic Crystal Fibers, Large-Mode-Area (Lma) Doped Double Clad Fiber Lasers, Metal Coated Fibers and Polymide Coated Silica/Silica Fibers. On the basis of fabrication methods, the global Specialty Optical Fibers Market can be segmented into Modified Chemical Vapor Deposition (MCVD), Outside Vapor Deposition (OVD), Vapor Axial Deposition (VAD), Plasma Chemical Vapor Deposition (PCVD), Plasma Outside Deposition (POD) and Direct Nanoparticle Deposition (DND). On the basis of application, the global specialty optical fibers market is segmented into oil and gas industry, mining industry, telecommunication industry, energy and utilities, defense, healthcare and others. On the basis of region, the global Specialty Optical Fibers Market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. Asia-pacific specialty optical fiber market is expected to gain a higher CAGR during the forecast period.

Some of the key players in the global Specialty Optical Fibers Market include Advanced Fiber Tools GmbH, Ceramoptec GmbH, Coractive, Corning Incorporated, Draka/Prysmian, Fibercore Ltd., Fiberguide Industries, Inc., Fiberlogix Ltd., Fibertronix, Fujikura, IVG Fiber Ltd., IX Fiber, Leoni Fiber Optics GmbH, Mitsubishi Cable, Neolight Technologies, NKT Photonics, Nlight, Nufern, OFS Fitel/Furukuwa and  Prime Optical Fiber Corporation.


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Smart textiles are fabrics that are manufactured with the incorporation of technologies that provide the wearer with an increased functionality. It senses and reacts to stimuli or environmental conditions, such as those from thermal, mechanical, magnetic, and other sources. The demand is also increasing with the increasing applications of smart textiles from the end-use industries. The smart textiles market for the military and defense application was the largest in 2014. 

Textile-based materials are equipped with nanotechnology and electronics, which is the major factor that drives this market. However, active and intelligent textiles, when coupled with electronics, have the capacity of improving the conditions of the consumer and allows them to be comfortable in every state. Smart textiles also aids uniforms with a single, central power source. 

Changing trend in wearable electronics industry is the prime factor that drives this market. Moreover, the diminishment of electronic components along with the raising demand of sophisticated gadgets with more advanced functions are another factors that propels the growth of this market, globally. In addition, the growth of low-cost of smart wireless sensor networks is also mounting the demand of smart textiles.

Smart textiles are widely used in medical, sports, personal protective equipment, geo-protection, military, and aerospace sectors; as it senses and monitors the need of consumer and acts accordingly. Thus, sensing functions is also responsible in swift demand of smart textile market and is expected to continue with the same pace during the forecast period.

High cost and the lack of exhaustive standards and regulations are the major restrictive factors that limits the growth of the smart textiles market. High initial price may detain its demand from the end-user industries. 

The global smart textile market can be segmented on the basis of function, type, end-user and region. On the basis of function, the global smart textile market can be segmented into sensing, energy harvesting, luminescence & aesthetics, thermo-electricity and others. On the basis of type, the global smart textile market can be segmented into passive smart, active smart and ultra-smart. On the basis of end-user, the global smart textile market can be segmented into military and protection, architecture, healthcare, sports and fitness, fashion and entertainment, automotive and others. On the basis of region, the global smart textile market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America.

Some of the key players in the global smart textile market include AIQ Smart Clothing Inc., Clothing Plus Ltd., E. I. Du Pont De Nemours and Company, Gentherm Incorporated, Google Inc., Interactive Wear AG, Outlast Technologies LLC, Schoeller Technologies AG, Sensoria, Inc. and Textronics, Inc.


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Precision agricultural systems market is a modern farming technique used for measuring, observing and responding to the field variabilities in crops cycle. With the help of this system, farmers can break down a large field into smaller group of fields and manage them effectively. This results in reduced misapplication of crops and increase farm productivity and efficiency. By studying certain attributes of the filed using precision agriculture, farmers can produce more food at a fraction of the cost. In addition, to conserving soil for sustainable food production.

Growing demand for increasing crop productivity and efficiency, government initiatives on supporting of adopting modern agricultural techniques, rapid innovation in technology are some of the drivers that are expected to boost the growth of Precision Agriculture Systems market. High cost associated with the initial investments and lack of awareness in developing region is anticipated to hinder the growth of market to a certain extent.

The global Precision Agriculture Systems market can be segmented on the basis of product type, technology, application and region. on the basis of product type, the global Precision Agriculture Systems market can be segmented into hardware, software and services. Hardware segment can be further segmented into Automation & Control System and sensing and Monitoring Devices. Software segment can be further divided into on-premise and cloud based. Services segment can be further segmented into system integration, managed, consulting and maintenance and support services. On the basis of technology, the global Precision Agriculture Systems can be segmented into remote sensing, guidance system and variable rate technologies. on the basis of application, the global Precision Agriculture Systems market can be segmented into Yield Monitoring, Boundary mapping, Field Mapping, Crop Scouting, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, Farm Labor Management and others. In addition, yield monitoring can be further segmented into on-farm and off-farm monitoring. Field mapping can be further segmented into boundary and drainage mapping. On the basis of region, the global Precision Agriculture Systems Market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. Currently North America precision agricultural systems market accounts for the largest share of the global market. In addition, variable rate technology segment sis anticipated to gain a higher cagr during the forecast period.

Some of the key players in the global Precision Agriculture Systems Market include Deere & Company, Trimble, Inc., Raven Industries, Agjunction, Inc., AGCO Corporation, AG Leader Technology, Precision Planting, Inc., SST Development Group, Inc., Teejet Technologies, Topcon Positioning Systems, Inc., Dickey-John Corporation and Cropmetrics LLC.


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The varied factors fuelling the swarm intelligence market growth are the rising use of swarm intelligence for solving the problems of big data, the increasing rate of adoption of swarm-based drones in the military, and requirement for swarm intelligence in the business of transportation. However, the major factor restricting the market growth is the unwillingness to accept new technology.

The study of the manner in which several number of rather simple and physically embodied agents can be designed in a way that desired collective behavior comes out from the local interactions among agents as well as between agents and the environment is referred to as swarm robotics. Robots in a swarm can be utilized to locate the target in a manner that the final distribution is directly proportional to the target qualities. Some algorithms offer the robot swarm with scalability pertaining to the number of robots as well as targets, and with adaptability to a non-uniform distribution of the target qualities. This factor would promote the expansion of the swarm intelligence market in the future years.

The global swarm intelligence market report can be segmented based on model, capability, application, and geography. Among the different market segments, the robotics application of swarm intelligence is anticipated to command the largest market share in the forecast years. This can be attributed to the rising usage of swarm robots in industries such as agriculture as well as automotive. This would fuel the market growth of the swarm intelligence market for robotics application in the future years.

Depending upon geography, the swarm intelligence market can be divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. The Asia-Pacific region is estimated to command the largest market share of the global swarm intelligence market in the forecast years. On the other hand, the Latin American and Middle East and African market is projected to grow at the swift rate during the forecast years. The major factor promoting the growth of the swarm intelligence market in this regional market is majorly attributed to rising investments in the UAVs sector and the rising procurement of UAVs by the defense field in Latin American region.

The Asia-Pacific regional market is likely to command a major share of the global swarm intelligence market. Among the various Asia-Pacific market countries, China is regarded as one of the major revenue contributors. The swarm intelligence market growth in the Asia-Pacific region is owing to the high rate of adoption of swarm-based drones in the military arena. In the month of June, 2017, China launched a swarm of over 119 fixed-wing UAVs.Also, the Chinese military is planning to launch "armed drones" as a new battle technique. This would further fuel the growth of the swarm intelligence market in this region.

The major players in the swarm intelligence market include Swarm Technology, DoBots, AxonAI, Sentien Robotics, Unanimous A.I., SSI Schäfer - Fritz Schäfer , Hydromea, Enswarm, Valutico, and Power-Blox.


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In recent years, advanced technologies in forensics science is of considerable importance. Some instances of such technological advancements include improved fingerprint recovery from metal objects such as gun cartridges as well as varied metal ammunition, task of chemistry to recognize the chemical as well as biological weapons, and incorporation of a variety of technologies that can improve the discovery of diverse drugs and explosives materials at security checkpoints. The other such advancements in human crimes include portable DNA profiling technology used at crime scenes, that offers high accuracy in predicting the age of an individual linked to crime, and scanner developments.

These rampant technological innovations have aided the market with limited costs in practical applications that augment the affordability of forensic applications in several fields and thus, increase their penetration of market. The large scale use of DNA profiling and other fingerprint techniques have demonstrated high visibility to forensic testing. Annually, The U.S. occupies the top spot with several crimes happening in the region. This has resulted in a rise in the number of forensic laboratories situated in the U.S. which perfume forensic research has grown from 490 in the year 2000 to over 550 in 2010. The annual aggregate budget of such labs that are publicly funded forensic crime labs comes to about $360 million. These laboratories investigate hundreds of thousands of samples in an year.

In recent years, various technological advancements in forensics are of significant importance. The major examples of these advancements include better fingerprint recovery from metals, such as gun cartridges, usage of the chemistry of color in order to find out chemical as well as biological weapons, and sensing techniques that are improving the drugs as well as explosives detection at security checkpoints. The other advancements include portable DNA profiling techniques utilized at crime scenes, higher accuracy in determining the age at victims death, and scanning developments.

Though the forensic analyses and related products market is smaller than the market for varied biotechnological as well as pharmaceutical products, crime laboratory analyses provide vital function and the forensics sector will increase significantly in the future period. Technological advancements linked to forensics, such as enhanced fingerprints extraction from metals as in fragments and gun cartridges, portable usage of color chemistry in detection of biological as well as chemical weapons, DNA-profiling techniques, and sensing techniques, which are intended at improving identification of explosives as well as drugs at several security checkpoints, among others, played their role in escalating the market prospects for forensic technologies and services over the future years. Owing to the emergence of internet into a ever-present communication vehicle, and transfer as well as storage of sensitive data, there has been an upsurge in internet related crimes, and abuse of corporate and government information assets.

Factor driving the growth for forensic technologies and services market is the growing importance of DNA testing. Also, the rise in crime clearance rate has been directly recognized to the successful use of DNA technology. Forensic DNA diagnostics products and testing/analysis services are anticipated to obtain benefit from several government and federal level funding measures taken to improve the infrastructure of aging crime lab. The government’s special hub on increasing the usage of DNA technology for advancing the cause of justice will help to derive profit in this space.

The major players included in the report are Agilent Technologies, Inc., Creative Forensic Services, eDirect Impact, LLC, Capsicum Group LLC, Computer Forensic, Inc, Illumina, Inc, and BAE Systems plc.


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The major factor promoting the growth in mobile ad spending market is the rapid growth in social media. Social media continues to be a large platform for advertisers as well as companies to promote and interact with customers online. With the help of social media, the consumers interests, feedback, and rating can be easily examined with the help of social media. Different users share posts as well as updates available on the brand’s homepage, thereby leading to the creation of more interaction and awareness. These tactics will enable organizations to create a market presence for their products with broad customer base. According to various studies, over 50% of the customers buy mobile phones after obtaining brand information from social media in developed countries. Thus, social media has enabled companies to obtain a larger customer base and brand loyalty, and this trend will continue to rise in global mobile ad spending market during the forecast.

The global mobile advertising market can be classified based on solution, industry vertical, type, device and region. On the basis of solution, the global market is classified into reporting and analytics solutions, advertisement campaign solutions, content delivery solutions, mobile proximity solutions, integrated solutions, and others. Depending upon type, it is segmented into rich media, display advertising, in-game advertising, in-app advertising, search advertising, SMS/MMS/P2P messaging advertising, and others. As per industry vertical, the global mobile advertising market is divided into healthcare sector, academia & government sector, hospitality & tourism sector, energy & utilities sector, BFSI sector, fast moving consumer goods, telecommunication & it sector, and others.

The global mobile advertising market is expected to garner maximum revenue in the forecast period. Factors such as the development of new technologies such as 3G and 4G and rise in the use of smartphones and tablets among consumers are expected to fuel the growth of this market. Also, large number of consumers are increasingly becoming dependent on multiscreen for online shopping; people are spending their media time on smart TVs, smartphones, computer, tablets, and laptops.

Based on regions, the global mobile advertising market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the mobile advertising market during the forecast period. The primary factor contributing to the growth of this market is modernization that results in the increased demand for digital marketing in this region. As a result, consumers are promptly shifting towards online shopping. For instance, in order to maintain its huge customer base, Walmart has ventured into online shopping market space.

The major companies that provide mobile advertising include InMobi, Facebook, Google, Apple, Jumptap, Yahoo!, Microsoft, Millennial Media, Mojiva, and Tapad among others.

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Managed print services (MPS) is a trusted mode that helps businesses to obtain the skills as well as expertise required to manage the cost, complexity as well as risk of an unmanaged print infrastructure. Large number of MPS providers is moving MPS in the wider territory of workflow or process automation or content management. However, it is the small group of organizations that have adopted these comprehensive services within their MPS engagements. But, these organizations are very positive about their MPS engagements outcome. Majority of clients are content with their MPS relationships, however, large number of them continue to express their desire for proactive and innovative business partnership. As the market approaches maturity, the chance to drive greater business value via MPS, significantly in the context of digital transformation, is growing. This customer-centric as well as strategic approach to MPS needs innovation, insight along with industry expertise – sectors wherein MPS providers showcase mixed performance levels.

The global managed print services market can be classified based on channel, enterprise size, deployment model, end-user and region. On the basis of channel, the global market is classified into channel partner/ core MPS providers and printer/copier manufacturers. Depending upon enterprise size, it is segmented small enterprise, medium enterprise, and large enterprise. As per deployment model, the global managed print services market is divided into hybrid, on-premise, and cloud-based. Based on end-user, the global market is divided into BFSI, manufacturing, telecom & IT, construction, education, healthcare, legal, construction, public & government, and others.

The global managed print services market is expected to face some hurdles in the forecast period. Factors such as doubt about the efficiency as well as effectiveness of managed print services and long-term recurring expenditure, requirement of higher bandwidth for the management of their data processes and avoid latency issues are expected to curtail the growth of this marketIts rate of adoption is being jeopardized by the possibility of lack of efficiency in the cloud model of managed print services. Also, the operating expenses incurred in the managed print services outweigh the one-time investment cost of in-house IT infrastructure, thereby acting as a weakness to MPS adoption.

Based on regions, the global managed print services market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the managed print services market during the forecast period. The presence of numerous startups in the North American market and favorable compliance rate as well as rigid government regulations for the business environment have led to  high growth rate and high demand for managed print services. Owing to the presence of promising government regulations, European companies are investing in the North American market, thereby propelling the growth of managed print services market in the region.

The major companies that provide managed print services include Xerox Corporation, HP Development Company, L.P. ,  Ricoh Company, Ltd.  and Lexmark International, Inc.


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GPS (Global Positioning System) was initially created by the U.S. government for the military which the administration later permitted their utilization by regular folks. GPS satellite information use is free and all around available, as long as the device and software are purchased or leased. Nano GPS chip solutions are a small innovation inside the more extensive marvel of GPS solutions. The market for nano GPS chips is expected to grow significantly in the near future. Nano GPS chips are outfitted with features, for example, a constant clock, surface acoustic waves, a temperature-controlled oscillator, a power administration unit, and radio frequency protecting system, which add to the development of this innovation. It is equipped for steady network with enhanced peripheral signal conditions and less power utilization. Nano GPS chip prevent the bike and auto burglaries, which is a key factor impacting the improvement of this market. 

Makers have been putting resources into broad innovative work to discover how to limit the span of the reduced worldwide route satellite framework module without influencing the item's effectiveness, affectability, control utilization, and execution. Later, games and dashing amusements strategies are anticipated to trigger the interest for transceiver chips. People who need to monitor their elderly guardians utilize nano GPS chip trackers also, which in turn helps in the growth of global market. Sunlight based GPS trackers are intended for animals, for example, steers, canines, camels, elephants, and horses for tracking. Government activities to ensure natural life are adding to the use of this innovation. Urban territories, have a poor satellite signal, which is either non-existent or extremely deteriorated by meteorological conditions – a huge deterrent for the worldwide nano GPS chip market. 

Interest for sharp, business applications is developing. This incorporates items empowered with following arrangements, for example, smart watches, computerized cameras, trackers, and wearable gadgets. The expanding prerequisite for security frameworks, wearable items, and tracker gadgets additionally assumes a vital part in driving the growth of this market. The rising adoption of smartphones is also expected to drive the growth of global nano GPS chips market.  One of the major factor that is expected to be a challenge for the growth of global nano GPS chips market is the lack of awareness among the consumers. The increasing innovations and product launches by key market players is expected to create new opportunities in the global nano GPS chips market. 

The global nano GPS chips market is segmented on the basis of type, application and region. On the basis of type, the global nano GPS chips market is classified as low power, sensitivity and others. Based on application, the global nano GPS chips market is segmented as tablet, PDA, smartphones, PC and others. The global market is also segmented based on region as North America, Europe, Latin America, Asia-Pacific and Middle East and Africa. 

Some of the key players in the value chain of global nano GPS chips market OriginGPS, Shenzhen Esino Technology Ltd, Shenzhen Zhonghe Electronics Co., Ltd, Dragon Bridge (SZ) Tech Co., Ltd, VLSI Solutions, Analog Devices, Fujitsu, Beijing oLinkStar Co., Ltd., Unicore Communications, Inc. and ATMEL Corporation. 


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A warehouse management system (WMS) can be defined as a software application that enables the everyday operations in a warehouse. The warehouse management system programs support the centralized tasks management such as pursuing inventory levels as well as stock locations. The software also helps in the management of their daily planning, directing, organizing, staffing as well as controlling the usage of available resources, to transfer and store materials into, within, and out of a warehouse, and also helping staff in the enactment of material movement as well as storage in and around a warehouse.

The various warehouse management solutions are primarily tactical tools that are purchased as well as utilized by businesses in order to fulfill the exclusive customer demand requirements of their supply chain(s) and distribution channel(s), when the inventory and workload is more than the amount that can be manually handled with spreadsheets. The inspiration to obtain these solutions usually comes from need to enable sales growth or improve performance, and seldom both.

The global warehouse management system market can be classified based on components, application, and region. On the basis of component, the global warehouse management system market is classified into software and service. Depending upon application, it is segmented into 3PL, electronics, retail, pharmaceutical, food and beverages/ grocery, and others.

Among the market segments, the on-cloud segment is expected to command a large share of the crew management system market during the future years owing to the increasing impact of cloud computing technology on daily life. Large number of airlines is adjusting to the cloud technology to attain ease of operations as well as excellence in client servicing. Based on device, the tablet segment of the crew management system market is anticipated to grow at the swiftest rate during the future years. The introduction of tablets and their usage for cabin crew in order to decrease complicated paper-based/manual operations in conducting their day-to-day functions like meal distribution and passenger management conditions is propelling the growth of this market segment.

The global warehouse management system market is expected to garner maximum revenue in the forecast period. Factors such as the rampant development of digital technology leading to the high adoption rate of warehouse management systems (WMS) in various applications, cost ownership advantages, growth of e-commerce, labor efficiency, and supply chain platform integration are expected to fuel the growth of warehouse management systems market. However, factors such as high costs required for the deployment of WMS solutions and dominance of ERP vendors have hampered the market growth to some extent..

Based on regions, the global warehouse management system market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the warehouse management system market during the forecast period. Factors such as the presence of large companies with global warehousing and distribution operations and highly developed third-party logistics (3PL) network are fuelling the market growth.

The Asia-Pacific region is expected to witness the swiftest growth in the warehouse management system market. Factors such as the development of the e-commerce industry and increased importance on domestic production by emerging countries such as China and India. in the region is expected to fuel the warehouse management system market during the forecast period.

The major companies that provide warehouse management system include SAP AG,  HighJump Software Inc., HAL Systems Corp., AGI Wolrdwide Inc.,  Softeon Inc., RedPrairie Corp., Asgard Software Inc., Oracle Corp.,  Automation Associates Inc., Advanced Systems Consultants Inc., Cadre Technologies Inc., Manhattan Associates Inc., Deposco Inc., Logitity Inc., BFC Software Inc., and Infor Inc.


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Smart irrigation is also known as technology-oriented irrigation. Applications of tools and technology in irrigation process has led to lessened use of water for irrigating of the same land and improved productivity of land and yield. Irrigation managers in smart irrigation function are according to the weather conditions, it shuts off automatically in case of wind, rain, and others. It functions are an vital tool to evaluate and apply right amount of irrigation water at right place, at right time to improve the productivity of the land and crop.

It is an automated system, provides plants the exact amount of water when it’s required without any manual involvement. Smart irrigation system mechanically adjust the watering schedule based various real-time limitations including water content of the plant, wind direction, wind speed, and local weather data. Thses practises carries various advantages, including reduced labor cost, environmental sustainability, and also lowers the expense of water usage in the fields.

The global smart irrigation market has be categorized into irrigation controller, hardware and network component, application and regions. Based on the irrigation controller the market has been segmented into sensor-based controllers and weather-based controllers. On the basis of network component the market has be bifurcated into sensor, network element of smart detection systems, and flow meter or water meter. Applications are widely segmented into non-agriculture and agriculture.

The major factors driving the smart irrigation market are growing necessity for food production,  decrease in the wastage of resources and rising need for water conversation. Installation cost is very high and lack of awareness about the advantages of smart irrigation are the major factros that may hamper the growth of smartt irrigation market in the near future.

Geographically, the Smart Irrigation market has been bifrucated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The Smart Irrigation market size and forecast period for each region has been estmated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by irrigation controller, hardware & network component, application and regions supports in evaluating the present scenario, growth prospects and the future scenario for the smart irrigation market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.

The growing need for more effective charging systems in the Smart Irrigation is anticipated to drive the Asia-Pacific market for Smart Irrigation in the future years. The major companies that providing Smart Irrigation include Rain Bird Corporation, Hunter Industries, Netafim, The Toro Company, Baseline Inc., Hydropoint Data Systems, Calsense, Galcon, Weathermatic, and Rachio Inc.


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In the recent years, the SCADA networks have helped on a large scale in order monitor and control various industrial devices and sensors remotely. Also, SCADA technology has been initiated in remote functioning of water and wastewater and is found to be very useful in this segment. The major factors driving the growth of SCADA in water and waste water management is the convergence of smart devices in water utility and the increase in market competition. Remote access to the control management of the flow of water is another major factor that is said to bolster adoption of SCADA across the water and wastewater market in the near future.

The global SCADA market for water & wastewater management is bifurcated on the basis of component and end-user. On the basis of component, the market is divided into software, hardware, and services. The market for hardware segment is further cross-segmented into remote terminal units (RTU), programmable logic controller (PLC), IT, network infrastructure, and others. Whilst, the market for software has been segmented into cloud-based and on-premise. Further, the end-user segmentation includes industrial and residential. The residential segment is further bifurcated into government and private. Whereas, the market for industrial sub-segmented into pharmaceuticals, chemical, food & beverages, and others. 

SCADA system delivers effective and well-organized maintenance and management procedure for water and wastewater management across the world. At present, high requirement of recycling wastewater to lessen the scarcity of water around the globe is creating huge opportunities for the development of SCADA market for water & wastewater management. Growing development of water/wastewater management amenities in emerging markets such as Asia Pacific and Middle East & Africa is expected to aid the SCADA market to grow over the forecast period. In addition, with strict environmental regulations and draining water resources, countries are concentrating on improving their water and wastewater management systems which is also anticipated to donate in the growth of SCADA market for water and wastewater management globally. 

Geographically, the SCADA Market for Water & Wastewater Management has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The SCADA Market for Water & Wastewater Management size and forecast period for each region has been estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by component, end-user, and regions supports in evaluating the present scenario, growth prospects and the future scenario for the SCADA Market for Water & Wastewater Management over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.

The various advantages of increased efficiency is anticipated to drive the APAC market for IoT node and gateway in the future years. The major companies that are involved in IoT Node and Gateway are SCADAware, ABB Ltd., Emerson Electric Co., Rockwell Automation Inc., Schneider Electric, Tesco Controls Inc., Yokogawa Electric Corporation, Eaton Corporation, Parasyn, and Honeywell International Inc. 


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There has been an unprecedented popularity of using standardized and reusable containers among manufacturers and their trading partners in order to transfer goods and manage an efficient supply chain. The returnable containers are available in various shapes and sizes, and are offered to supply chain partners in order to streamline the transportation of parts and materials from a supplier to an original equipment manufacturer (OEM) and between OEMs. These returnable containers are both durable as well as reusable, and do not require maintenance. These containers offer various benefits to manufacturers and suppliers such as reduction of waste and cost; increased efficiency, productivity, a well as competitiveness. However, the challenge associated with containers management present many challenges for manufacturers. Thus, returnable transport asset management system refers to the monitoring and holding the track record of the assets and proper management of the things. The application of asset management aids in altering the thinking at each organization level and helps to reduce the burden.

The global returnable transport assets management market can be classified based on product, application, and region. On the basis of product, the global market is classified into barcode, global positioning system, real time location system, and radio frequency identification. Depending upon application, the global returnable transport assets management market is segmented into retail, industry manufacturing, logistics and transport, healthcare, and others.

The global returnable transports assets management system market is expected to garner maximum revenue in the forecast period. Factors such as better application of resources along with efficient tracking and management are expected to fuel the growth of crew management market. However, high initial investment cost is anticipated to hamper the market growth.

Based on regions, the global returnable transports assets management system market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the returnable transports assets management system market during the forecast period. The Asia-Pacific region is expected to witness the swiftest growth in the returnable transports assets management system market.

The major companies that provide returnable transports assets management system include Datalogic SpA, Honeywell International, Inc., Impinj, Inc., Mojix Inc., Sato Holdings Corporation, Stanley Black & Decker, Inc., Trimble Inc. and Ubisense Group.


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The global quality management software sales are a software solution used for the improvement of the efficiency of quality assurance process as well as operational visibility in the product and service driven organizations. The quality management software offers varied functions that include calibration, complaint handling, document control, nonconformance and change management, among others. Thus, this software makes itself an essential function for an organization’s overall quality control. The increased functions of this software enables the organizations to maintain production schedules, manage their workload, minimize overtime costs, and maintain the standards’ compliance. This software is being widely used in the manufacturing and transportation, IT and telecom, and logistics industries.

The global quality management software sales market can be classified based on solution, deployment type, organization size, application, and region. On the basis of application, the global market is classified into calibrating management, complaint handling, employee training, supplier quality management, audit management, change management, non-conformances/corrective & preventative, and others. Depending upon organization size, it is segmented into small enterprise, medium enterprise and large enterprise. Basd upon deployment, the global market is divided into on-premise and cloud-based. As per solution, the global quality management software sales market is divided into relays, circuit breakers, and others.

The global quality management software sales market is expected to garner maximum revenue in the forecast period. Factors such as globalization of marketplaces as well as rising focus on the standards’ and regulations’ compliance will fuel the growth of this market. Also, the rising concentration of organizations on meeting customer demands and augmenting the business efficacy is positively affecting the quality management market. There is an increased demand for quality management software owing to the rising organizational complexity, availability of various product lines, and diversified operations.

Based on regions, the global quality management software sales market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the quality management software sales market during the forecast period. The Asia-Pacific region is expected to witness the swiftest growth in the quality management software sales market. Factors such as rising awareness about the standards compliance as well as easy availability of this software will propel the growth of quality management software sales market in this region.

The major companies that provide quality management software sales include SAP SE, Microsoft Corporation, Siemens AG, Arena Solutions Inc., Sparta Systems, Inc., Autodesk Inc., Dassault Systemes SE, MasterControl, Inc.,  PSC Biotech Corp., Aras Corporation, Oracle Corporation, Parasoft Corporation, Hewlett-Packard Enterprise Co. among others.

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A next-generation firewall is a depth packet inspection firewall system that can notice and block sophisticated attacks. It is permitted by executing security policies at the application level and protocol level of a network. It delivers a platform to network traffic inspection and network security policy enforcement. Next-generation firewall have the abilities of the standard first-generation firewall, which consists of packet filtering, VPN, NAT, and SPI. The key characteristic of a NGFW is the incorporation of high quality of the signatures and IPS engine, for making better blocking choices, next-generation firewall brings information from sources outside the firewall.

The global next-generation firewall market has be categorized into component, organization size, vertical and regions. Based on the component the market has been segmented into services and solutions. On the basis of organization size the next-generation firewall market has been divided into small & medium sized organization and large enterprises. Vertical segment has been bifurcated into Banking, Financial Services & Insurance, Retail, Government & Public Utilities, Healthcare, Education, Energy & Utilities among others.

The major factors driving the next-generation firewall market are the rise in IoT trends, increasing external and internal threats and high functionalities of NGFW solutions globally. High cost of NGFW systems and the rising adoption rate of UTM solutions in SME’s and SOHOs are the major factors that may hinder the progress of the next generation firewall market in the near future. Additionally the growth of single vendor firewall deployment and the rise in the growth opportunities in the virtual NGFW are some of the major growth opportunities for the next generation firewall market players.

Geographically, the Next Generation Firewall market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The Next Generation Firewall market size and forecast period for each region has been estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by component, organization Size, vertical and regions supports in evaluating the present scenario, growth prospects and the future scenario for the Next Generation Firewall market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.

The growth of IoT market is anticipated to drive the Europe market for Next Generation Firewall in the future years. The major companies that are involved next-generation firewall Cisco Systems, Inc., Check Point Software Technologies Ltd., Fortinet, Inc., Palo Alto Networks, Inc., Barracuda Networks, Inc., Sonicwall inc., Zscaler, Inc., Sonicwall Inc., Sophos, Ltd., Forcepoint LLC, Juniper Networks, Hillstone Network and Gajsheild Infotech Pvt. Ltd.


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Human augmentation is usually used to denote technologies that enhance human efficiency or capability, that in some way add to the human body. Technological advancements in many areas of IT have directed to a greater variety of implants and other technologies that can be classed as human augmentation.Human augmentation may also be named human 2.0. Within the greater group of human augmentation technologies, some diverse classifications can be made. For example, there are devices and implants that contribute to more innovative sensory devices, such as cochlear implants. There are limb or orthotics devices that can improve motion or muscle capability. Different types of human augmentation may work with precise sorts of IT resources, such as big data assets among others.

The global human augmentation market has been categorized into product, application, and regions. Based on the product the market has been segmented into wearable augmentation and in-Build augmentation. On the bases of application, the market is been categorized into medical, industrial, defence and others. Wearable augmentation is further categorized into eyewear, neckwear, wrist wear, footwear, bodywear among others.

The major factors driving the human augmentation market are technological advancements in the sensors market, development in the healthcare sector moving towards perfection and the strong and safe defence. Lack of skilled professionals & the high initial investment cost and legal, ethical, and the social concerns are the major factors that may hamper the growth of this human augmentation market in the near future. Technical developments and the high expenditure in the research and development are said to open up new opportunities for human augmentation market in future.

Geographically, the human augmentation market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The Human Augmentation market size and forecast period for each region have been estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by product, applications and regions supports in evaluating the present scenario, growth prospects and the future scenario for the Human Augmentation market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.

The technological advancements in the sensors in the human augmentation is anticipated to drive the Asia-Pacific market for human augmentation in the future years. The major companies that provide human augmentation include V-Temia Inc., Google Inc., Braingate Company, Ekso Bionics Holdings, Inc., Vuzix Corporation , Magic Leap Inc., Raytheonn Company, Second Sight Medical Products. Inc., and Samsung Electronics Co. Ltd.


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The global greenhouse irrigation system market states to the market consisting of various types of irrigation system utilized within a greenhouse. Greenhouse technology delivers favorable climatic condition to plants. Crops grown under greenhouses require adequate quantity of water at frequent intervals to confirm good vegetative growth and high-quality yield. Greenhouse crops are irrigated by applying water to the surface via drip tubes or overhead sprinklers and booms, by applying water through subsurface irrigation, or by using a combination of these delivery systems.

The global greenhouse irrigation system market has be categorized into type, application and regions. Based on the type the market has been segmented into micro sprinkler irrigation system, market size & projection, drip irrigation and boom irrigation system. Basis on application the market has been divided into vegetables, fruit plants, ornamentals market and nursery crops market.

The major factors driving the greenhouse irrigation system market are the growing focus on efficient usage of water, high demand of better quality crops, optimum plant growth and yield, rise in demand for the various types of crops throughout the year and the growing population and rising demand. Maintenance cost is very high, lack of technical knowledge and the high initial setup cost are the major factors that may hinder the progress of the greenhouse irrigation system market in the near future. Additionally the technological developments and rise in greenhouse areas are some of the major growth opportunities for the greenhouse irrigation system market players.

Geographically, the greenhouse irrigation system market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The Greenhouse Irrigation System market size and forecast period for each region has been estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by type, application, and regions supports in evaluating the present scenario, growth prospects and the future scenario for the Greenhouse Irrigation System market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.

The growth of better quality crops, optimum plant growth and yield is anticipated to drive the APAC market for greenhouse irrigation system in the future years. The major companies that are involved in greenhouse irrigation system Netafim Ltd., Jain Irrigation Ltd., Rivulis Irrigation Ltd., Valmont Industries, Inc., Lindasay Corporation, The Toro Company, EPC Industrie Limited, Nelson Irrigation Corporation, Rain Bird Corporation, and Irritec S.P.A.


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Electrical House (eHouse), also called Power House, is a assembled walk-in modular outdoor enclosure to house a low voltage (LV) and medium voltage (MV) switchgear as well as secondary equipment. It can be wheel or a skid mounted and is ready to operate in the field with minimum installation cost, commissioning and start up time - as an substitute to traditional on-site building construction (brick construction, concrete block, or similar).

Proximity to major suppliers during design / construction makes the changes and integration easier. The eHouse is tested before shipping including all its components, which minimizes risks in the field. Its mobility makes it easy and cost-effective to install and relocate. eHouse can be installed close to the main loads which reduces the power and control cable size and length. By being close to the loads the energy cost is lower.

The global E-House market has be categorized into application, and regions. Based on applications the market e-house market has been categorized into utilities, industries, oil & Gas and mining.

The major factors driving the E-House market are the self-contained solutions & modular designs, rising investments in infrastructure projects, remote locations of end-users, growing renewables in the energy mix, and greenfield & brownfield T&D investments. The typical concerns regarding E-house and the lack of awareness are some of the major factors that may hinder the market growth in the near future. Additionally the growing implementation of E-House solutions in various segments is the long-term growth opportunity in E-House market.

Geographically, the E-House market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The E-House market size and forecast period for each region has been estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by application, and regions supports in evaluating the present scenario, growth prospects and the future scenario for the E-House market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.

The rising technological advancements is anticipated to drive the Asia Pacific market for E-House in the future years. The major companies that are involved in E-House are General Electric Company, Siemens AG, ABB Ltd., Electroinnova Installations and Maintenance SL, Powell Industries, Schneider Electric SE, TGOOD Global Ltd., and Zest Weg Group.


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Cobots is a short form for collaborative robots which are planned to aid human beings for specific tasks, which are highly compound in nature and require high accuracy. These robots work in a close collaboration with humans. The robots can detect any unusual activity in their surroundings and can collaborate with humans without physical separation. Smarter, flexibility, smaller, and user-friendly are some qualities which make cobots more useful than industrial robots.Collaborative robots use advanced technologies, which include torques sensing, collision detection, and elastic actuators, for finishing tasks in an efficient manner.

The major factors driving the growth of this market are rise in the investment done in automation sector by the industries, and high ROI and low price of collaborative robots attracting small & medium enterprises. The major market restraint is the high initial investment in the solutions and hard training program for the employees to interact with these robots which need significant time and capital expenditure and leads to lesser adoption by the enterprises. Lack of awareness and lack, skilled labor and lack of capabilities related to faster cycle time and repeatability are the major factors that may hinder the market growth in the near future. Huge investments done by many industries for robot installations in many countries and rising demand for high payload capacity of cobots. Are the major growth opportunity factors in this market.

Cobots market can be bifurcated on the basis of application, as.converted cobots, new-build cobots and redeployed cobots. Based on End-user the market has been categorized into shallow water, deepwater, and ultra-deepwater. Geographically, the Cobots market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The Cobots market size and forecast period for each region has been estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by application, end-user and regions supports in evaluating the present scenario, growth prospects and the future scenario for the Cobots market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.

The oil and gas exploration companies are concentrating on exploration of oil and gas, from onshore to offshore to drive the Middle East and Africa market for Cobots in the future years. The major companies that are involved in Cobots are ABB, Bionic Robotics, KUKA, Omron Adept Technologies, Blue Ocean Robotics, FANUC America Corporation Copyright, Robotnik and Rethink Robotics. 


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The manufacturing industry has always has been open to adopting latest technologies. Industrial robots and drones have been a part of the manufacturing industry subsequently since 1960s. The next automation revolution is just around the turn and the US Manufacturing Sector is awaiting this technological advancements eagerly. The adoption of AI by the companies can keep inventories lean and decrease the cost, there is a high possibility that the American manufacturing Industry will experience an drastic growth. It is said that, the manufacturing sector has to grow fast for networked factories where design team, supply chain, production line, and quality control are highly integrated into an intelligent engine that provides actionable insights. 

Global artificial intelligence in manufacturing market has be categorized into offering, technology, application, industry and regions. Based on the offering the market has been segmented into software, and hardware. On the basis of technology the artificial intelligence in manufacturing market has been divided into natural language processing, deep learning, computer vision, and context awareness. Application segment has been bifurcated into quality control, predictive maintenance and machinery inspection, material movement, production planning, field services and reclamation. Industry segment has been categorized into pharmaceuticals, automobile, power & energy, heavy metals & machine manufacturing, food & Beverages, semiconductors & electronics among others.

The major factors driving the artificial intelligence in manufacturing market are the increasing usage of robotics in manufacturing, usage of big data technology in the manufacturing sector, computer vision technology being used in manufacturing, and industrial IoT in manufacturing sector. Reluctance among the manufacturers to adopt AI-Based technologies are the major factors that may hinder the progress of the artificial intelligence in Manufacturing market in the near future. Additionally the growth opportunities of AI-Based technology in emerging and developed countries and more over improving operational efficiency of manufacturing plants are some of the major growth opportunities for the artificial intelligence in Manufacturing market players. 

Geographically, the artificial intelligence in Manufacturing market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The Artificial Intelligence in Manufacturing market size and forecast period for each region has been estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by Offering, Technology, Application, industry and regions supports in evaluating the present scenario, growth prospects and the future scenario for the artificial intelligence in manufacturing market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.

The growing necessity for the usage of robotics in manufacturing industry is anticipated to drive the Europe market for Artificial Intelligence in manufacturing in the future years. The major companies that are involved artificial intelligence in manufacturing are Intel Corporation, NVIDIA Corporation, Microsoft Corporation, IBM Corporation, Siemens AG, Alphabet Inc., General Electric Company, Datarpm, General Vision, Inc., Sight Machine, Aibrain, and Rokwell Automation Inc.


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Smart agriculture is a cost-efficient approach for sustainable agriculture which aims to effectively growth of productivity in the changing climate with the use of advanced technology. It offers the stakeholders globally to identify agricultural plans suitable for the respective regions. The farmers will be benefited from smart agriculture as the effectiveness of inputs such as seeds, labor and fertilizers will rise, resulting into more prospects for income. Due to the global warming, the weather is becoming unpredictable. Floods, droughts and cyclones have obstructed the agriculture industry. Natural disasters can be dealt with the usage of weather forecasting facility which can be of a great help to the farmers. Organizations are already collecting a vast amount of data such as weather information, soil mapping, crop yield, and animal health. Smart industry decisions can be made by acquiring the massive solution providers, information, farmers and agricultural equipment manufacturers are adopting IoT to increase the smart agriculture industry.

Smart agriculture tools are mostly used in precision farming as they play an important role in improving farm efficiency and help the farmers in increasing the crop yields. Yield monitoring is a key application of precision farming used to recognize the field variability information, which includes soil properties, weather conditions, and fertilizers. Soil monitoring is a foremost application of yield monitoring, which helps to recognize different soil parameters to uphold the nutrient level of the soil.

The smart agriculture market for connectivity services is anticipated to grow at a high rate in the forecast period. The smart agriculture market, based on services, has been segmented into system integration & consulting services, connectivity services, assisted professional services, managed services, and maintenance and support services. The adoption rate of connectivity services is anticipated to be high when compared to others as in case of these services, information about animal health, crops, as well as about tractor guidance, among others, is gathered at a device level and is conveyed through a network channel. The network channel is generally provided by the connectivity service providers that deliver appropriate connectivity amongst the device domain and the end users.

By geography, the market is bifurcated into, North America, Europe, Asia-Pacific, Middle East and Africa and Latin America. The adoption rate of smart agriculture solutions across APAC is projected to rise at a substantial rate due to the rising advancement in the technology and industries. These factors would lead to the market awareness about the business value and return on investment, which can be understood on long run.

The rising awareness among customers about the benefits of the smart agriculture is anticipated to drive the APAC market for smart Agriculture in the future years. The major companies that provide smart Agriculture include GEA Group AG, Trimble, Inc., Deere & Company, Raven Industries, Agjunction, Inc., AG Leader Technology, Boumatic LLC, Delaval Corporation, Precision Planting, Inc., and The Climate Corporation.


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Digital Radio Frequency Memory (DRFM) is an electronic mode of digitally capturing as well as retransmitting radio frequency signal. These DRFMs are widely used in radar jamming, although its applications in cellular communications are more common. A DRFM system is intended to digitize an incoming radio frequency input signal at a frequency and bandwidth essential to sufficiently represent the signal, and then rebuild that radio frequency signal as per requirement. The most important feature of DRFM is that as a digital "duplicate" of the received signal, it is rational with the received signal source. In contrast to analog 'memory loops', there is no signal degradation caused by unceasingly cycling the energy through a front-end amplifier which permits for wide range errors for reactive jamming and enables predictive jamming. A DRFM can also transform the signal before retransmitting that can modify the signature of the false target; thereby changing its deceptive radar range, velocity, cross section, and angle. DRFMs represent an important hindrance for radar sensors.

The global digital radio frequency memory market can be classified based on platform, application and architecture and region. By platform, the global digital radio frequency memory market is classified into defense, commercial and civil. Depending upon application, it is segmented into electronic warfare, radar test and evaluation, and electronic warfare training. Based on architecture, the global digital radio frequency memory market is segmented into converter, processor, modulator, memory.

The global digital radio frequency memory market is forecasted to experience high growth in the future. Factors such as advancements in military technology have resulted in the expansion of superior air defense systems. These defense systems have posed a grave challenge for airborne units functioning in enemy airspace resulting in extensive damage, unit’s attrition and loss of personnel. Electronic warfare technologies are bent on decreasing the instances of detection by enemy radars and providing the necessary time to avoid them.

Based on regions, the global digital radio frequency memory market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the digital radio frequency memory market during the forecast period. The defense forces in North America are increasingly financing the expansion of technologically advanced DRFM systems. The most reputed and prominent DRFM manufacturers present in this region include Northrop Grumman Corporation (U.S.) and BAE Systems plc (U.K.). However, decrease in the defense expenditure in developed nations and prohibition on the usage of jammers for civilian application are the major factors hampering the Digital Radio Frequency Memory market growth during the forecast period.

The major companies that provide digital radio frequency memory technology include Airbus Group, Northrop Grumman Corporation, Thales Group, Raytheon Company and BAE Systems plc among others.



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Chatbots is a computer program which conducts a discussion via auditory or documented methods. These programs are often designed to influentially simulate how a human would behave as a conversational partner, thereby passing the Turing test. Chatbots are basically used in dialog systems for various practical purposes including customer service or information acquisition. Some chatterbots use sophisticated natural language processing systems, but many simpler systems scan for keywords within the input, then fetch a reply with the most appropriate keywords, or the most alike wording pattern, from a database.

The chatbot is anticipated to increase at a high rate due to the rise in penetration of various websites and mobile applications, surge in demand of automated patient management tools in the healthcare industry, proliferating demand of intelligent customer engagement and rise in the cloud-based technology during the forecast period. Factors such as lack of awareness owin