Friday, 29 May 2020

Mobile Edge Computing (MEC) Market Review & Outlook 2019 to 2025

  May 29, 2020    No comments
The global mobile edge computing (MEC) market is led by numerous titans in the field which are coming up with advanced software and hardware solutions helping them to easily gain a competitive edge above the others, states Transparency Market Research (TMR) in its latest research report. Some of the leading companies within the global mobile edge computing market are Huawei Technologies Co., Ltd., IBM Corporation, Integrated Device Technology, Inc., PeerApp Ltd., Nokia Corporation, Intel Corporation, ADLINK Technology Inc., Juniper Networks, Inc., Saguna Networks Ltd., ZTE Corporation, Vasona Networks, Inc., and SpiderCloud Wireless, Inc.
The market is dynamic in nature characterized by high competitiveness. Market players are investing extensively in cutting-edge technology to stay ahead of the game. Players are constantly looking for developing effective solutions in order to cater to the different requirements of end-use companies.
According to TMR, the global mobile edge computing (MEC) market will expand at a whopping 51% CAGR from 2017 to 2025 to be worth US$4228.3 mn by 2025. On the basis of component, the hardware segment accounted for a massive share of 80% of the total market in 2016. The entire mobile edge computing architecture is comprised of different hardware such as servers, routers, processors, and switchers, therefore it is not surprising that the hardware segment is leading and will continue to do so in the years to come. 
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Europe to Continue to Lead in MEC Market Boosted by High Uptake of IoT Devices
On the basis of geography, Europe is leading in the market accounting for 43.5% of the market in 2016 on account of the rising usage of data as well as growing adoption of devices which make use of the Internet of Things, thereby boosting the uptake of mobile edge computing. It is anticipated that Europe will witness and expansion of 42.8% CAGR between 2017 and 2025. As North America is home to several hardware and software manufacturers, this region will also be a key market for mobile edge computing. Promising growth can also be expected in the Middle East, South America, and Asia Pacific on account of the rising number of mobile subscribers and increasing number of IoT devices.
Low Latency Networks Needed for Entertainment and Media Behind High Demand for MEC
According to the lead author of this report, “the low latency networks required for entertainment and media purpose is one of the key factors bringing about the phenomenal growth of the global mobile edge computing market. Mobile edge computing helps boost and hasten the distribution of media services by delivering the content straight from the base station thereby improving consumer experience. MEC allows administrators to adapt to high traffic and improve network efficiency as well as service quality. This is anticipated to be the key reason behind the growing popularity of mobile edge computing technology.
Rising Number of Automated Cars to Drive Growth Prospects of MEC Market
Some of the other factors fuelling the growth of this market include the increasing number of automated cars, rising number of IoT devices, increasing application of this technology on account of its features such as high quality experience, high content delivery, and low latency will continue to drive the growth prospects of the global mobile edge computing market.
This review is based on TMR’s report titled, “Mobile Edge Computing (MEC) Market (Component - Hardware, Software (Video Analytics, Location Services, IoT, Data Caching, and Connected Vehicles), and Service (Consulting, System Integration, and Maintenance); Industry Vertical - Media & Entertainment, Retail, Healthcare, IT & Telecom, and BFSI; Technology - 4G, 5G, and Wi-Max) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 - 2025.”
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Transportation Management System Market Risk Factors, Economic Fluctuations, Drivers in Future Analysis by 2025

  May 29, 2020    No comments
The presence of established and big players make competition in transportation management system highly fierce and intense. Some of the most successful business strategies adopted by these players to remain competitive in the market is business expansion, product innovation and application of latest technologies. Some players in the market are relying in collaborations, acquisitions and mergers and joint ventures to enhance their market share. 
According to TMR, the global transportation management system market is noted at a valuation of US$ 9,600.8 mn in 2016. The market is likely to rising at a CAGR of 13.6% from 2017 to 2025. Rising at this CAGR, the opportunities in the transportation management system market is expected to touch a valuation of US$ 30,044.1 mn by the end of 2025. 
On the basis of geography, North America is expected to hold largest share in the transportation management system during the forecast period. This is mainly attributed to rising adoption of advanced technologies such as freight management solutions and services by several users in the region.  Further, countries such as the U.S. and Canada is expected to have a major dominance in the market this is mainly due to the presence of several prominent players in the region. The revenue generated by these players will make this region as the fastest growing regions across the globe. 
Significant Growth in Global trade to Drive Market 
The global transportation management system market is expected to rise at a healthy pace in the owing few years. This is mainly due to the significant rise in research and development activities in the field which has contributed to the development of new technologies and increase application scope. 
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A transportation management system can be defined as subset of supply chain management system mainly concerning transportation operations. It refers to the efficient management of several transportations related activities, such as moving goods from the supplier to production place.  There is growing concern to reduce overall delivery time, owing to the increase in global trade is another factor expected to drive the global transportation management system market in the coming few years. 
Apart from this, increase requirement to control time-in-transit, advancements in freight security, safety, and transportation solutions, and increasing IoT adoption are some other factors expected to offer a positively influence growth in the transportation management system market during the coming future. 
Incompetency of People to Cope with Technical Aspects of Software to Impede Growth 
However, incompetency of the employees to use advanced technology, high cost of system implementation and maintenance and unavailability of appropriated infrastructure in developing region are some of the prominent factors expected to drive the global transportation management system market. 
Nevertheless, increasing investment by players to improve functionality of the transportation management system in planning and decision making, transportation execution, transport follow-up, and measurement is expected to provide new growth opportunities in the global transportation management system market.
Additionally, significant decrease in the prices of RFID-based devices and sensors and increased collaboration between hardware providers and software suppliers are another prominent factors expected to propel the global transportation management system in the coming few years.  
The information is based on report “Transportation Management System Market (Application - Electrical and Electronics, Industrial, Food and Beverage, Retail, and Transportation and Logistics; Software Deployment - On-Premise and On-Demand) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025” 
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Smart Systems for Visually Impaired Market Sales, Consumption, Demand and Forecast 2019-2027

  May 29, 2020    No comments
  • Smart systems help in many ways to make human life easier. Smart systems have a variety of indoor and outdoor applications. Many smart systems are integrated with advanced technologies and sensors to provide faster and effective assistance.
  • Smart systems for visually impaired are vital for physically challenged people. The implementation of smart systems for visually impaired helps them gain independence in their lives. The advanced technologies and use of sensors makes the interaction as well as other regular activities of people with special needs easy.
  • Smart systems for visually impaired such as reading goggles, and smart blind sticks makes daily tasks easier to perform. The wearable smart systems for visually impaired are easy to carry and lightweight.
  • Smart systems for visually impaired are also GSM and GPS enabled which helps in tracking the roads and assisting in the path that the visually impaired need to take.
Smart home automation systems increasing the usage of the smart systems for visually impaired
  • Various vendors provide completely customized products, solutions, and smart systems for visually impaired along with the services in order to suitably design the house to meet the needs of the visually impaired
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These smart systems for visually impaired enable the visually challenged to move around the house and perform daily activities safely and without any assistance from others. In case of emergency situations, alerts are generated and provided to the close family members in order to ensure the safety of the visually impaired person.
  • The smart systems for visually impaired enables the visually impaired to be more independent and comfortable with the in-house environment.
  • The flexibility and real time notifications are escalating the adoption of in-house smart systems for visually impaired.
Increasing Adoption of IoT driving the smart systems for visually impaired market
  • Big Data and Internet of Things (IoT) are thriving at a significant rate due to technological advancements in various industry verticals. These advancements are also implemented in high-end cameras that are further used for face recognition. Analytics is used in cameras for natural language processing (NLP), face recognition, and artificial intelligence (AI). A large volume of data is captured and the data is analyzed. This is very useful in the smart systems for visually impaired.
  • The concept of IoT is to connect any two devices with the help of the Internet, enabling them to communicate with each other. In order to achieve this, several sensors need to be placed in these devices. The application base of smart systems is expanding with the widespread adoption of sensors and wearable smart devices.
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This is driving the smart systems for visually impaired market.
North America Expected to Hold Major Share of the Global Smart Systems for Visually Impaired Market
  • In terms of region, the global smart systems for visually impaired market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • North America is expected to account for a major share of the global smart systems for visually impaired market during the forecast period, due to advancements in technology and the introduction of smart system applications for upliftment of the people with disabilities in the region
  • The smart systems for visually impaired markets in Asia Pacific and Middle East & Africa are expected to expand at a significant rate during the forecast period
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Mobile Content Market Segments & Forecast to 2027

  May 29, 2020    No comments
Mobile content plays a vital role in enhancing customer’s quality of experience (QoE) while using mobile phones. Some examples of mobile content are games, GPS navigation, discount offers, graphics, movies, and ringtones.
The technology has various advantages over network. It helps consumers to reduce latency, and round trip time. Further, its implementation also helps improve scalability, performance, and availability of the mobile devices.
Widespread use of smart mobile devices is acting as fuelling factor to the global content market. Further, adoption of social networking media is providing lot of opportunities for the expansion of mobile content market in the forecast period i.e. 2019-2027.
The upcoming report on global mobile content market provides insights about the market growth in the forecast period (2019-2027). Each section of the report covers critical sections of global mobile content market. Besides, it focuses on the segments that tend to bring highest revenue in the duration of forecast period. Later, the report is also divided on the basis of regions and sub-regions.
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Mobile Content Market: Notable Developments

With use of several technologies and affordable data, the companies are understanding requirement of customer. And accordingly, the companies are introducing mobile content in the market. Hence, mobile content is available in the form of broadcast, live video, news, and others. Gaming and emoji are becoming dominant in the mobile content market. It is evident that with technology, more content formats are flooding in the mobile content market.
Lately, demand for personalized data is also surging. This is due to presence of data technology and various customer interfacing platform. For example, Netflix, a content provider, launched black mirror episode in past year. Depending on personalized storyline, the viewer can choose whether it is relevant to watch or not. Though, personalization and interactivity is increasing, techniques are yet to take the leap.
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Mobile Content Market: Key Trends

Mobile content market is highly dependent on smart devices. And, there has been remarkable development in smart devices. As a result, mobile content market has also witnessed significant improvements. This has lead to growth of mobile content market across the globe.
Surge in demand for innovative products are presenting enormous growth opportunities to the global mobile content market in the forecast period. Moreover, marketing of such contents are also acting as fuelling factor for expansion of the market.
On the other hand, distribution of products is one of the major challenges in mobile content market. The factor is anticipated to hamper growth of the market in upcoming years. To overcome the challenge, leading players are widening their product bandwidth. Moreover, enhancement in the product features is anticipated to propel the market growth.
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Free-to-air (FTA) Service Market Size Current and Future Industry Trends, 2018 – 2024

  May 29, 2020    No comments
The Europe, Middle East and Africa free-to-air (FTA) services market is highly fragmented, according to a report by Transparency Market Research (TMR). In 2015, the top five players, namely British Broadcasting Corporation, RTL Group, Deutsche Telekom AG, ITV Plc., and Mediaset SpA accounted for under 20.0% of the market shares. The market is conducive for aspiring players, and hence, going forward it will likely see a lot of new entrants. Thus, the competitive landscape will continue being highly fragmented. At present, a host of companies are foraying into the market, particularly in the areas of internet TV and pay TV in countries of Germany, Austria, and the U.K.
Further, prominent players such as Sky TV too are making efforts to enhance their market positions by forging long-term partnerships. Key vendors in the EMEA free-to-air service market are RTL Group, BT Group Plc., Deutsche Telekom AG, Rai Pubblicità, and British Broadcasting Corporation.
The Europe, Middle East and Africa free-to-air service market is slated to expand at a healthy CAGR of 11.8% during the period from 2016 to 2024 to reach a value of US$155.8 bn by the end of 2024 from US$63.98 bn in 2016.
The satellite television segment is expected to outpace all others in terms of growth rate in the near future. This is because of a number of European nations fast opting for digital TVs, thereby filliping the demand for satellite TV free-to-air service. The reason for the shift towards digital TVs is because of its enhanced video quality and access to popular HD channel services.
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High Internet Proliferation Amplifies Free-to-Air Services Market
The robust usage of internet services coupled with the availability of high speed internet in Europe and Middle East and Africa has stoked free-to-air service market in the regions. Such internet speeds have made it possible for users to stream HD videos and other FTA services. The growing smartphone penetration and rapid shift among its users to 4G and high-speed Wi-Fi services too has augured well for the EMEA free-to-air service market. Europe at present leads the market with a significant share and will continue to do so in the years ahead on the back of quick adoption of key services in the EMEA free-to-air service market.
Special formats of transmission, if not frequent broadcast techniques are also used for mobile television. If audio-visual content is delivered via the Internet, the option to download and store programs can be used for subsequent viewing. Increased amount of FTA channels and the growing use of television smartphones are some of the main drivers for the growth of the EMEA free-to-air service market.
Emergence of Ultra HD Services to be a Key Market Trend
Despite the swift uptake of 4K and 8K videos, movies, and TV channels across Europe, Middle East and Africa, the players in the region are still not being able to successfully provide ultra-HD services to most users on account of its steep costs. The unrealized revenue from this service is substantial. The problem is compounded by the fact that while users have difficulty in accessing UHD FTA services, they can easily access UHD televisions. Further, TV subscriptions and bundles are comparatively cheaper and the huge amount of data guzzled while streaming of UHD videos costs much more. This could be a huge opportunity for vendors in the EMEA free-to-air service market in coming years. Offering these services at optimum prices could be a key strategy leveraged by EMEA free-to-air service market.
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Piracy Issues to Hinder Growth Prospects
Furthermore, digitalization of radio signals supports the development of the industry. It also leads to piracy, however, that could prevent future market growth. Analytical advertising is nevertheless anticipated to present possibilities for propelling the EMEA free-to-air service market in the forecast era and leads to a higher advertising turnover through targeted advertising.
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Big Data in Automotive Industry Market Size, Top Key-Players, Opportunity, Share and Forecast during 2019-2027

  May 29, 2020    No comments
  • The automotive industry faces fierce competition, and novel innovations are a must to survive in this competitive world. Enterprises need to upgrade regularly to gain competitive advantage over others. Big data in automotive industry provide automotive enterprises this ability to be a step ahead of others.
  • Big data and analytics give auto-financing companies an upper hand as compared to other competitive companies in the market. Additionally, big data and analytics are now a very significant part of the automobile sector as it is the backbone of all technologies and is also set to transform the driving experience.
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Gaining operational effectiveness in the automotive industry: Prominent driving factor of the big data in automotive industry market

  • Big data in automotive industry offers operational efficiency for automakers to enhance productivity. Companies operating in the industry are focusing on improving operational performance by adopting advanced solutions to monitor daily workflows. Information management and analytics is a crucial opportunity for automakers to utilize qualitative methods to support the planning of interventions throughout the customer lifecycle.
  • Greater efficiency and cost-saving are achieved by understanding maintenance needs and by monitoring the changing state of key components through big data analytics. Big data analytics also identifies environmental risks or possible safety issues before accidents arise. Big data in automotive industry solutions can easily increase overall reliability, safety, and reduce cost.
  • All data is collected and analyzed centrally to understand which equipment works best in which environment. This enables organizations to optimize how the equipment is used and reduce latency.
  • Therefore, big data in the automotive industry is expected to be driven by the need to gain operational efficiencies in organizations.

Shortage of talent and tools to capture the potential from big data expected to significantly hamper the big data in automotive industry market

  • Big data provides huge opportunity and benefits to organizations; but shortage of skilled labor to take insights benefits of big data analytics that huge datasets generate is estimated to restrain the growth of big data in automotive industry market.
  • Professionals with technical skills in machine learning and statistics, analysts, and data savvy mangers are required to capture the value from big data and utilize it effectively.
  • The inability to manage huge amount of data effectively that is gathered from various sources is likely to restrain the big data market. Hadoop has been doing this job; however, more advanced tools are still needed to deal with data more effectively. Therefore, shortage of talent and tools to capture the potential from big data is expected to significantly hamper the big data in automotive industry market.
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North America to hold major share of the global big data in automotive industry market

  • In terms of region, the global big data in automotive industry market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • North America is anticipated to account for major share of the global big data in automotive industry market during the forecast period due to presence of numerous automotive manufacturers coupled with huge adoption of business intelligence and machine learning, indicating potential growth of the big data in automotive industry market in this region. Europe is estimated to be the second largest market for big data in automotive industry from 2019 to 2027. Growing rules & regulations related to safety concerns is expected to boost the big data in automotive industry market in the region.
  • Asia Pacific is projected to be a rapidly expanding region of the global big data in automotive industry market during the forecast period due to increasing integration of IoT, AI, and Blockchain with big data, which is expected to increase the adoption of big data in automotive industry in the region.
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Transaction Monitoring Market Size, Demand, Competition Landscape, Status, Analysis, Leading Players, Demand – Forecast during 2027

  May 29, 2020    No comments
Transaction monitoring can be defined monitoring of the transactions which is being done between the business and the customer. This include assessment of the historical/current customer’s information and interactions to provide a complete picture of customer activity.
Transaction monitoring majorly record and monitor the transaction which includes transfers, deposits, and withdrawals. The primary reason to deploy transaction monitoring system is to identify and protect the institution from any transactions that may lead to money laundering and terrorist financing and result in the institution filing relevant Suspicious Activity Reports (SARs).
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Global Transaction Monitoring Market – Dynamics

Increasing Need for Digital Platforms to Monitor Day to Day Accounting Activities Driving the Growth of the Market

Increasing Adoption of Automation & Digitization by SMEs

Extensive adoption of digitization, smart technologies, and automation by large as well as small & medium enterprises is the global trend. Overall, 90%-95% of total enterprises are small & medium in size while only 5%-10% are large in nature. Majority of SMEs within the U.S have integrated or are looking forward to integrate their work flow with automation to gain operational efficiency. Thus, adoption of accounting software such as transaction monitoring is increasing globally. Adoption of automation in the workflow process by SMEs is expected to drive the growth of the market.

Increasing Need to Reduce Operational Cost

Organizations are increasingly striving to reduce the operational cost to survive in this competitive environment. Financial institutions, retail enterprises, and many other industries are eliminating manual operational work and shifting to workflow on a software. Transaction monitoring automation eliminates manual work and reduces labor cost. Labor cost is one of the components which needs to be paid by organizations. This cost can be highly optimized through transaction monitoring automation.
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Constant Security Concerns and Network Issues Restricting the Growth of the Transaction Monitoring Market

Cloud Security and Network Transmission Issues

Transaction monitoring software models that rely highly on cloud services are skeptical to service impairment or control loss, data breach, service loss including service breakdown, or in worse cases financial loss. The user experience may also be affected by unstable network transmissions at some places and this limits the reach of cloud based services including cloud-based and hybrid services/solutions in the impacted regions.   

North America Expected to Dominate the Global Transaction Monitoring Market

In terms of region, the global transaction monitoring market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the global transaction monitoring market during the forecast period, as the adoption of accounting software within this region to manage operational work in SMEs is very high compared to other regions.

Global Transaction Monitoring Market – Competition Landscape

  • In February 2020, Enfuce, a fintech start-up with more than 8 million end-users in their platform has collaborated with Featurespace to protect its clients from existing fraud and new attacks.
  • In February 2020, Elliptic, a U.K. based cryptoasset risk management solution provider has received US$ 5 Mn investment from Wells Fargo Strategic Capital, which has joined its Series B funding round bringing the total amount raised to over US$ 28 Mn.
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Disaster Recovery as a Service (DRaaS) Market Competitive Dynamics 2019-2024

  May 29, 2020    No comments
The global disaster recovery as a service market has a highly fragmented and an intensely competitive vendor landscape, featuring a number of heavy-weight legacy disaster recovery companies and a vast number of pure-play DRaaS start-up ventures, observes Transparency Market Research in a recent report. Robust growth opportunities in the global DRaaS market have compelled several traditional disaster recovery companies such as HP Company, SunGard Data Systems, and IBM Corp., to venture into the sector of cloud-based disaster recovery services in the past few years.
The market has thus become increasingly intense and companies are focusing on expansion across high-growth potential regional markets such as Asia Pacific to tap their vast pool of growth opportunities. With a number of small ventures grabbing significant chunk of opportunities in such regions, the number of strategic collaborations, mergers, and acquisitions is expected to rise in the near future.
Transparency Market Research projects that in terms of revenue, the global DRaaS market, which valued at US$1.29 bn in 2015, will exhibit an exponential CAGR of 35.7% from 2016 to 2024, rising to an opportunity of US$21.55 bn by 2024. In terms of application, the global DRaaS market witnessed the most promising uptake in the government sector in 2015. The government sector accounted for the dominant 18.3% of the global market’s revenue in the said year. From a geographical standpoint, the DRaaS market in North America is the dominant regional market in terms of revenue, accounting for more than 34.0% in 2015.
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High Flexibility and Cost-effectiveness of DRaaS Solutions to Encourage Uptake
The global DRaaS market is chiefly driven due to the vast cost and flexibility related benefits of cloud-based disaster recovery solutions over traditional disaster recovery solutions. Moreover, other benefits such as faster data recovery, simplicity in testing, and automation work in favor of DRaaS solutions as compared to traditional disaster recovery plans. 
The vast rise in worldwide enterprise spending on the development of internal IT infrastructures across a number of industry verticals is also key to the vast growth opportunities of the global DRaaS market. Furthermore, growth of micro-, small-, and medium-sized enterprises (MSMEs) has increased the popularity of DRaaS as these solutions offer a viable cost-effective solution to achieve effective disaster recovery processes in a number of application sectors.
Issues Concerning Security and Compliance of Critical Business Data to Hinder Adoption
Concerns associated with the compliance and security of critical business data, which disaster recovery systems unremarkably handle during the process of replicating of data onto public/private cloud are some of the key challenges that limit the consumer-base of DRaaS solutions across the globe. Complexities related to the deployment of DRaaS solutions also hinder the rate of adoption of DRaaS solutions across a number of application areas and small-scale enterprises.
This information is from the new report by TMR, titled “Disaster Recovery as a Service (DRaaS) Market (End User - BFSI, Retail and Ecommerce, Government, IT and Telecom, Media and Entertainment, Manufacturing and Logistics, and Education; Service Providers - Cloud, Managed, and Telecom and Communication; Cloud Type - Public, Private, and Hybrid; Company Size - Large, Mid-sized, and Small; Deployment Model - To Cloud DRaaS, In Cloud DRaaS, and From Cloud DRaaS; Service Type - Real-time Protection, Backup, Data Security (Professional Services)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
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E-commerce Logistics Market Status And Business Outlook 2019 – 2024

  May 29, 2020    No comments
The global e-commerce logistics market was largely dominated by two leading players DHL International GmbH and FedEx Corporation who held 50% share in the global market in 2015. XPO Logistics and United Parcel Service Inc. are the other two companies functioning in the global market but contribution is far less than the first two mammoth companies are. Some of the other players operating the global e-commerce logistics market are Clipper Logistics Plc., Gati Limited, Kenco Group, Inc., and Aramex International. Several leading players in the market tapping the regional market in emerging economies such as in India and China. The promising growth potential offered in the e-commerce logistics market is likely to draw interest of new players that could help them grow extensively. Route optimization and innovative parcel tracking are strategies used by new players to attain a competitive edge in the market. 
According to TMR, the global e-commerce logistics market is anticipated to reach US$781 bn by the end of 2024 progressing from US$122.2 bn earned in 2014. During the forecast period between 2016 and 2024, the market is projected to rise at remarkable 20.6% CAGR.
Based on service type, the transportation segment held maximum share in the market in 2015 and was greater than the warehousing segment. The importance of transportation is more in the whole chain of e-commerce logistics process and it is gaining more and more importance as various large and small companies are focusing on last-mile delivery. On regional front, Asia Pacific is leading the global e-commerce logistics market as 60% of the global population resides in this regions who have created increased the overall demand through e-commerce medium.  North American and Europe also offered lucrative opportunity due to excellent digital infrastructure.
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Adopting Modern Way of Doing B2C E-Commerce Business to Fuel E-Commerce Logistics Market
Recent technological advancements have increased working efficiency in various sectors. One of them is e-commerce logistics. Massive growth in internet penetration, burgeoning cross-border e-commerce activities, and increasing focus on emerging economies are some of the major reasons behind the growth of e-commerce market at the global level. Moreover, adopting modern way of doing B2C e-commerce business is widely adopted by various companies. This B2C e-commerce business model forces the players to modifying their business model various times in year. Massive growth of innovative technologies is the key factor for the growth of the global e-commerce logistics market. Adding further, rising number of e-commerce startups in India, Brazil, and Mexico is likely are expected to provide fillip to the e-commerce logistics market. 
Infrastructural Issues in Emerging Economies to Deter Market Growth 
One of the major challenge faced by the players function in the e-commerce logistics market is infrastructural issues in emerging economies that hampers the service of last mile connectivity offered by them. In addition, when customer order online keeping the minimum limit in mind and then after receiving they return the unwanted product has high impacted the market players. It is mainly done to avail various offers initiated by companies.  But this put pressure on the chain of reverse logistics and triggers the expenses incurred by the companies in this market. 
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Computer Aided Facility Management (CAFM) Market Regional Scope 2027

  May 29, 2020    No comments
Computer aided facility management (CAFM) is a technology that combines business administration, behavioral science, architecture, and engineering concepts to optimize the functioning of an organization. The main function that separates it from earlier versions of facilities management is that it utilizes CAD (computer-aided design) elements and visuals in combination with alphanumeric data processing. The computer-aided facility management (CAFM) market is set to reach slightly above US $500 Mn by 2025.
Global Computer Aided Facility Management (CAFM) Market - Dynamics

Evolution of Industry 4.0 is expected to drive the Computer Aided Facility Management (CAFM) Market

Industry 4.0, popularly known as smart organization, is considered the fourth era of industry that collaborates computing and automation. It also includes cyber-physical systems, Internet of Things, cloud computing, and cognitive computing. This initiative has increased the adoption level of automation software and systems across the globe. Industry 4.0 is expected to drive the growth of the computer aided facility management (CAFM) market due to its major operational and administrative benefits.
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Growth in Cloud based Engineering Software is expected to drive the Computer Aided Facility Management (CAFM) Market
Cloud-computing technology, combined with increased configurability and computing mobility of software and services, is creating a wide range of opportunities for end-users. This has led to a rise in the level of effectiveness of data sharing inside organizations since it ensures sharing of applications and services within the organization. It has also resulted in the sharing and accessing of a deeper level of information across various end-use sectors. Major advantages of cloud-based computer aided facility management (CAFM) which are bolstering the market include administration benefits, cost benefits, designing benefits, and data benefits. Implementation of cloud-based services and solutions is expected to give more ease and accessibility to users, which in turn would boost the growth of computer aided facility management (CAFM).

Cost Concerns Restricting Growth of the Computer Aided Facility Management (CAFM) Market

High Cost of Software Integration for On-premise Deployment

Cloud based simulations are gaining popularity due to ease of use and low cost. However, on-premise solutions could be of significant importance as compared to its counterpart, to conduct simulation on a very large scale and due to security concerns. Implementation and application of on-premise based computer aided facility management (CAFM) software attracts higher cost, making it difficult for small and medium enterprise to implement it.
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North America Expected to Dominate the Global Computer Aided Facility Management (CAFM) Market

In terms of region, the global computer aided facility management (CAFM) market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the global computer aided facility management (CAFM) market during the forecast period, as the adoption of enterprise workflow automation technologies within this region is very high compared to other regions.
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InGaAs Camera Market Status By Current Trend And Future Plan 2019-2025

  May 29, 2020    No comments
InGaAs cameras are made of indium, gallium, and arsenic. These cameras are applicable in the field of defense, military, aerospace, telecommunications, industrial inspection, and spectroscopy. InGaAs cameras can be used for many IR applications, such as laser beam measurement, IR reflectography, PV evaluation, and Si wafer inspection. InGaAs camera technology is also used in food sorting and waste recycling. InGaAs cameras are used to remove extraneous vegetable matter and foreign materials from fresh and frozen vegetables for food safety. These cameras find many applications in defense due to their performance features such as small, uncooled, lightweight design, high quality night vision, attached covert eye-safe lasers, target recognition, and sensitivity to nightglows.
Growing automation in industrial applications and constant technological advancements are some of the major factors propelling the growth of the InGaAs camera market globally. Adoption of automation is increasing rapidly to reduce errors and for decision making. Automated systems and robotics help companies to increase productivity and efficiency.
Technological advancements such as smaller pixel sizes, larger image formats and better pixel yields, use of lowest noise imaging material, advanced digital array, high sensitivity, and compact size are driving the growth of the global InGaAs camera market. Increasing demand for InGaAs cameras in defense and military is also fueling the growth of the market as InGaAs cameras are used to detect the range of an object, target recognition at night, and imaging through dust, fog, haze or smoke. Light weight and small InGaAs cameras are used on airplanes and unmanned air vehicles (UAV’s) for surveillance missions. However, stringent import and export regulations on InGaAs cameras may hinder the growth of the global InGaAs camera market.
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The global InGaAs camera market can be segmented in terms of cooling technology, scanning type, applications, and geography. On the basis of cooling technology, the market can be segmented into cooled camera and uncooled camera. Uncooled camera segment is expected to expand rapidly over the forecast period as uncooled cameras are used in various sectors such as military and defense, aerospace, food inspection, industrial inspection, and telecommunications owing to growing automation. These cameras are available at low cost, thereby increasing their demand. Uncooled cameras are used in applications where accuracy is the prime concern. In terms of scanning technology, the global InGaAs camera market can be segmented into line scan camera and area scan camera. The line scan camera segment is anticipated to expand at a significant rate during the forecast period owing to the increasing use of line scan cameras in machine vision applications. Growing requirement for capturing fast moving objects is propelling the demand for line scan cameras.
These cameras are also used in various applications such as semiconductors, silicon luminescence detection, food and beverages, noncontact thermal imaging of hot objects, and silicon wafer inspection. On the basis of applications, the global InGaAs camera market can be segmented as military and defense, industrial automation, surveillance, safety and security scientific research and others. Geographically, the global InGaAs camera market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the market over the forecast period due to the presence of large number of InGaAs camera providers in the region. The market in Asia Pacific is expected to grow significantly owing to the higher industrial growth and economic developments.
The global InGaAs camera market is moderately consolidated by large number of participants. Some of the key players in the market include Hamamatsu, First Sensor, Luna, Lumentum, Laser Components, Jenoptik, Albis Optoelectronics Thorlabs, Sensors Unlimited, Teledyne Technologies, Fermionics Opto-Technology, FLIR Systems, Xenics, New Imaging Technologies, Raptor Photonics, Sofradir, Princeton Instruments, Episensors, Allied Vision Technologies, Photon, GPD Optoelectronics, IRCameras, QPHOTONICS, and AC Photonics.
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Thursday, 28 May 2020

Automotive Garage Equipment Market Growth Prospects & Trends Analysis By 2026

  May 28, 2020    No comments
Transparency Market Research has published a new report titled, “Automotive Garage Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” According to the report, the global automotive garage equipment market is projected to expand at a CAGR of 3.50% during the forecast period to reach US$ 8 Bn by 2026.
According to the report, the global automotive garage equipment market is likely to be driven by a range of macroeconomic and industry-specific factors. Asia Pacific is expected to be at the forefront of global demand, with the market in the region expanding at a CAGR of 3.74% between 2018 and 2026.
The global automotive garage equipment market is witnessing steady growth. Rise in urbanization and surge in sales of vehicles in various countries have increased the overall vehicle miles driven globally by approximately 2% to 4% in the past few years. This, in turn, has propelled the usage of passenger cars which is anticipated to augment the global automotive garage equipment market during the forecast period. Growth of the market is attributed to the booming automotive sector across the globe.
Increase in awareness about vehicle maintenance and vehicle safety among vehicle owners is likely to drive the global automotive garage equipment market during the forecast period. Rise in preference for vehicle customization and increase in number of vehicle maintenance & repair garages, technical inspection centers, and body shops are likely to drive demand for garage equipment from 2018 to 2026.
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The global automotive garage equipment market has been segmented based on garage type, equipment type, and vehicle type. OEM dealerships are taking aggressive steps to expand their market activities. These are increasing authorized dealerships and service centers in order to enhance customer service. Consequently, expansion of the OEM dealership segment is likely to drive the market during the forecast period. Furthermore, reduction in prices of vehicle parts and increase in availability of the parts in cheap price reduces the repairing work. These factors are likely to “hamper the growth of the independent garage segment during the forecast period.
Based on vehicle type, the global automotive garage equipment market has been bifurcated into passenger vehicles and commercial vehicles. In terms of revenue, the passenger vehicles segment accounted for a major share of the market in 2017. Demand for vehicles is increasing across the world. Increase in the number of vehicles globally can be ascribed to the rise in global population. Countries such as the U.S., Canada, and regions such as the EU have witnessed high percentage of urbanization and stable economic conditions. Rise in preference for SUVs among the younger generation owing to sporty and powerful ride increases demand for such vehicles. This in turn is likely to boost the passenger vehicles segment in these countries and sub-region.
Wheel & tire equipment play an important role in the service of a vehicle in OEM dealerships and independent garages. These include wheel balancers, wheel aligners, tire changers, and other components. Increase in electronic complexity, less runtime to diagnose fault, and rise in importance of emission control have increased demand for vehicle diagnostic & testing equipment. The new program for greenhouse emission was developed by the Environmental Protection Agency and the National Highway Traffic Safety Administration (NHTSA). Midterm evaluation of light-duty vehicle greenhouse gas emissions standards have been set for model years 2022–2025.
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In terms of region, the global automotive garage equipment market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is a prominent market for automotive garage equipment. The report projects the automotive garage equipment market in Asia Pacific to expand at a CAGR of 3.5% to reach US$ 3.9 Bn by 2026. Asia Pacific dominated the global automotive garage equipment market, accounting for more than half the market in terms of revenue in 2017. The trend is expected to continue during the forecast period due to the consistent rise in demand for passenger vehicles owing to rapid urbanization, stable economic conditions, and lower interest rates. Asia Pacific was followed by Europe and North America in terms of market share in 2017.
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Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...