Increasing Adoption of Credit and Debit Cards in Transactions is Fueling the Growth of Point-of-Sale (POS) Keyboard Market

A point-of-sale (POS) system is a computerized replacement for a cash register. This system has the ability to record and process customer orders, process credit and debit card swipes, and manage inventory. Generally, a POS system has a personal computer as its core which is provided with specialized I/O devices and application specific programs. At the POS, merchants calculate the amount of purchase by the customers and prepare invoices. It is the point where customers make payments for the goods they have purchased. After the payment is completed, customers are issued printed receipts of the transaction. A wide variety of tools such as cash registers, barcode scanners, and electronic card readers are used by retailers to process POS transactions. The POS market requires long lasting keyboard solutions, which occupy minimum space and go beyond traditional PC keyboards. POS keyboards are specialized to meet the requirements of POS systems.

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To maximize functionality, these keyboards have specialized buttons, programmable keys, embedded credit card swipe readers, smart card readers, MICR check readers, biometric (fingerprint scanner) security, and other devices. Various design considerations such as the features to integrate, keyboard reliability, key top design, key programming, and ergonomics are considered while designing POS keyboards. Space is at a premium in POS environment, and this mandates POS keyboards to be compact in size. To allow easy recognition of visual features, these keyboards are customized with color keycaps, which reduces transaction time and helps in training new employees. The keyboards are ruggedized according to the requirements of the retail environment.

The advancements in technology have resulted in the growth in demand for POS terminal solutions. Increasing adoption of credit and debit cards in transactions is further fueling the demand for POS terminals, which is in turn driving the POS keyboard market. The ease of use and high return on investment associated with POS terminals has increased their demand across various industries such as retail, distribution, healthcare, and hospitality. The global retail sector has witnessed significant growth in the past few years. POS terminals enable faster bill processing, maintaining customer database, inventory management, and managing loyalty program of retail stores. These features have led to the widespread adoption of POS terminals in the retail sector and has significantly contributed to the growth of the POS keyboard market. The increasing adoption of these terminals in warehouse management is further expected to drive the POS keyboard market. However, data security concerns and probability of card data breaches pose significant challenges in the growth of this market.

The POS keyboard market can be categorized on the basis of keyboard type and geography. Based on keyboard type, the market can be further categorized into QWERTY and matrix types. Based on geography, the market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). North America is a major market for POS keyboards due the significant growth of retail stores and quick service restaurants. Similarly, Europe is witnessing high adoption of POS keyboards due to technological advancements, growth in the retail sector and significant investments in healthcare segment.

The major players in the POS keyboards market include Cherry, Active Key GmbH & Co. KG, Access Ltd., Fentek Industries, Inc., Unitech Electronics Co., Ltd., and BlueStar

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Global Gas Sensors Market to Expand at 5.70% CAGR

Transparency Market Research announces the release of a new research report, titled “Gas Sensors Market – Global Industry Size, Share, Trends, Analysis and Forecast 2012 – 2018”. According to the report, the global gas sensors market is anticipated to develop at a 5.70% CAGR from 2012 to 2018, growing from a value of US$1.6 bn in 2012 to US$2.3 bn by 2018.

The gas sensors market is driven by the stringent occupational safety and health regulations, rapid growth of the automotive sector, and rising trend of using hybrid vehicles and clean energy. On the other hand, the demand for carbon dioxide sensors has taken a hit owing to efforts to reduce carbon emissions.Based on product, the gas sensors market is divided into sensors used to detect carbon dioxide, nitrogen oxide, oxygen, carbon monoxide, and others such as methane, ammonia, and hydrocarbons.

By technology, the gas sensors market is segmented into semiconductor, photoionization detectors (PID), infrared (IR), electrochemical, solid state or metal oxide semiconductor (MOS), catalytic, and others including thermal conductivity and thermal. Electrochemical and semiconductor technologies are the most preferred by consumers owing to the fact that they provide a high level of accuracy in detecting toxic or combustible gases. Moreover, they are also highly cost-effective.

The key end-use applications that demand gas sensors include petrochemicals, industrial, building domestic and automation appliances, medical, automotive, and others such as educational institutes and research and development laboratories. The industrial sector includes manufacturing and process industries and this segment accounts for the largest share in the gas sensors market in terms of revenue. Government mandates to curb emissions and rising concern regarding occupational safety are the main factors driving the demand for gas sensors in industrial applications. The automotive sector is also a major consumer of gas sensors, driven by the demand for better safety and comfort in automobiles. Gas sensors are used for monitoring fuel emission and cabin air quality, among others.

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Geographically, the global gas sensors market is divided into North America, Asia Pacific, Europe, and Rest of the World. Europe currently dominates the global market. However, the massive automotive industry in Asia Pacific and the growing use of gas sensors in automobiles in the region is projected to help APAC surpass Europe as the largest gas sensors market by the end of the year

Alphasense, Siemens AG, Dynament Ltd, Robert Bosch, LLC, City Technology Ltd., Nemoto & Co., Ltd., ABB Ltd., Figaro Engineering Inc., GfG Europe Ltd, NGK Insulators Ltd., Aeroqual Ltd., Dragerwerk AG & Co. KGaA, Trolex Ltd, Membrapor AG, and Yokogawa Electric Corporation are the most prominent players operating in the global gas sensors market. These players are reviewed in the report based on attributes such as company overview, recent developments, business strategies, and financial overview.

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eDiscovery Market – North America to Retain Lead in eDiscovery Solutions Usage

In 2014, the global eDiscovery market was mostly consolidated, with the top three players – Guidance Software, Inc., HP Autonomy, and IBM Corporation – taking up 39.3% of the market share in value.

The global market for eDiscovery solutions, on the other hand, was rather fragmented, with the top four players taking up only 41.3% of the total market share in 2014. The remainder was taken up by a large number of regional players. These four key eDiscovery solutions providers are FTI Consulting, Inc., Xerox Corporation, Navigant Consulting, Inc., and Integreon Managed Solutions, Inc.

As per a research report released by Transparency Market Research, the global market for eDiscovery is expected to notice a very high degree of competition due to its largely fragmented nature. Meanwhile, the threat from new entrants is expected to remain medium due to the significantly large entry barriers.

The global market for eDiscovery software and solutions is expected to reach US$21.08 bn by the end of 2022. It is projected at a CAGR of 16.2% from 2014 to 2022 and is predicted to reach US$8.31 bn before the end of 2016.

By the end of 2022, eDiscovery services are expected to generate a revenue of US$14.57 bn, thereby consistently holding the leading share in components against eDiscovery software. A large number of companies find it extremely convenient and fruitful to adopt eDiscovery services rather than play in-house software.

Off-premise eDiscovery solutions are expected to surpass on-premise eDiscovery solutions, due to the growing provision of secure and encrypted services and software provided by third-party service providers. As a software type segment, off-premise eDiscovery software is expected to generate a revenue of US$4.83 bn.

North America to Continue Dominating eDiscovery Volume Shares

The tremendous amount of electronically generated information in the developed nations by itself is enough to create a massive demand for eDiscovery software and solutions, especially in North America. This region additionally faces the pressure exerted by government bodies with regard to electronic media governance policies.

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There is an increasing number of regulations that are being implemented that require companies and organizations to back up their ESI in high volumes. Corporate litigation and investigations forming the crux of these stringent regulatory norms, enterprises need to comply, therefore creating a staggering demand for eDiscovery services and software.

Massive ESI Volumes to Spur Corporate Need for eDiscovery Solutions

“A primary factor driving the necessity for eDiscovery today is the sheer volume of ESI being generated on a daily basis. Companies are taking to cloud computing activities and implementing social media platforms for development and progress. These are creating large volumes of data that – for internal and on government regulatory prompting – need to be saved in an organized manner,” states a TMR analyst.

The growing presence of companies on social media platforms is especially generating a high demand for eDiscovery solutions. An enterprise’s social media presence can be used or held accountable in the event of corporate litigation as a form of evidence. This has caused companies of all sizes to adopt eDiscovery solutions.

Hugh eDiscovery Solutions Cost Hinders Smaller Companies from Adopting Them

The total expense of implementing eDiscovery solutions or services include a list of activities, with services and consultation expenses at the foundation of this list. Other expenses include the implementation of eDiscovery solutions in organizational assets and internal staff. These expenses can be quite high for small and even some medium-scale companies, as the cost can also increase on the basis of the number of reviews, and the speed of collection and processing.

“Meanwhile, providers of eDiscovery solutions can look to the growing trend of bring-your-own-device to the workplace, along with a greater scope of mobile device management. With an increasing corporate social media presence and work-related emails, eDiscovery solutions can be modified to incorporate these trends,” adds the analyst.

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Mobile Applications Market is Expected to be Around 16.2% CAGR by 2020

Transparency Market Research has published a new market report, titled “Mobile Applications Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020.” According to the report, the global mobile applications market, which was valued at US$16.97 bn in 2013, is expected to reach US$54.89 bn by 2020, expanding at a CAGR of 16.2% during the period ranging from 2014 to 2020.

The global mobile applications market is increasing like never before owing to the growing smartphone users across the globe and an increase in the number of downloads of mobile apps. An increase in the number of downloads of mobile apps can be attributed to the rising internet connectivity. According to the report, the number of mobile apps that have been downloaded in 2013 was 102,062 mn and is anticipated to reach 268,692 mn by the end of 2017.

Mobile applications, or mobile apps, are software that is user friendly and designed for operating on mobile devices such as tablets, smartphones, and other handheld devices. Due to rising usage of mobile devices, there has been a continual development of mobile apps in various categories such as productivity, games, personalization, social, and many more.

An elevated demand for mobile apps for gaming is one of the major reasons for the market’s growth. The advancement in mobile internet networks and connectivity has also made it possible for consumers to download several free and paid apps, thus boosting the global mobile apps market. According to the report, gaming and entertainment are the the most commonly downloaded apps categories. The gaming and entertainment mobile apps together held a 40% share in the global mobile applications market. Other popular categories of mobile applications evaluated in the report are social and personalization, productivity, audio and lifestyle, music, travel and navigation, and business, finance, and utilities apps.

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The global mobile apps market is segmented on the basis of app category, app store, and geography. By store type, the global mobile applications market is broadly categorized into native (on-deck) and third party (off-deck). Popular mobile app stores from where apps are majorly downloaded and installed are: Google Play, Windows Phone Store, App Store, and Blackberry AppWorld.

Geographically, the global mobile applications market is segmented into Europe, Asia Pacific, North America, and Rest of the World. While North America dominated the global mobile applications market in 2013 with a 34% share, Asia Pacific is expected to exhibit the fastest growth in the forecast period, owing to its large smartphone toting population and the increasing penetration of smartphones in the region. Smartphones will be increasingly used by consumers falling in the age group of 15 to 40 years and thus Asia Pacific is expected to be the dominant regional player by the end of 2020. Europe and Rest of the World will also witness significant growth in the global mobile applications industry during the forecast period.

On the whole, the market will experience steady growth, despite the preference for mobile sites over mobile apps by many users, which will marginally suppress the mobile apps market. Key companies operating in the market include: Google, OpenXcell Technolabs, Y Media Labs, Handmark, WillowTree Apps, Microsoft Corporation, Softeq Development Corporation, QBurst, Sourcebits, Apple, and BlackBerry Limited.

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Cable Conduit Systems Market – Flourishing End-use Segments Benefit Market

Choc-o-bloc with both regional and international players, the global cable conduit systems market is comprised of both organized and unorganized segments. This makes the competition stiff in the overall market. To stay afloat and thrive in such an environment, keen players are seen betting big on product development and mergers and acquisitions. In this manner they are banking upon both organic and inorganic routes to expand their outreach.

Some of the key players in the global cable conduit systems market are Atkore International, Inc., Thomas & Betts Corporation, and Eaton Corporation Plc.

The global market for cable conduit systems was worth US$3.2 bn in 2014 and will likely attain a value of US$7.4 bn by 2022-end, by clocking an 11.0% CAGR between 2015 and 2022. The figures have been arrived at after a thorough research by our team of expert analysts at Transparency Market Research for a recent report.

Energy and utility, IT and telecommunications, transportation, industrial manufacturing, healthcare, residential construction, and commercial construction, among others, are some of the key end-use industries in the global cable conduit systems market. Among them, the segment of industrial manufacturing accounted for a leading share of 28.7% in 2014.

From a geographical standpoint, North America accounted for a dominant share of 35.6% in the global cable conduit market in 2014. The region is mainly powered by the U.S. which has stringent rules enforcing the usage of conduit systems installations, especially in the industrial manufacturing sector. Apart from that, the residential and construction projects too are solid contributors to the cable conduit systems market in North America.

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Flourishing End-use Segments Benefit Market

At the forefront of driving the market for cable conduit systems is the food and beverages, metal and mining, and oil and gas industries. Healthcare is another sector that is driving up demand along with the construction sector. Their demand is set to receive a further boost on account of the usage of advanced composites in their manufacture. “Materials, namely fiberglass and other composites are being increasingly preferred by several end users in the market, which is upping opportunities for savvy players in the market,” adds the lead author of the TMR study.

Unstable Raw Material Prices Pose Challenge to Market Growth

The growth in the market for cable conduit systems, however, is also being hampered by a number of factors. One of them is the volatility in prices of raw materials, which include steel, metals, and plastics. Ultra-competitive pricing due to cutthroat competition in the market is also dealing a blow to its overall revenue generation.

However, the growing use of advanced composites in the manufacture of cable conduit systems is likely to improve the demand for them over the coming years, predicts the report. It finds that the swift pace of urbanization and infrastructure building in developing nations will continue majorly underpinning demand. Apart from that, continued focus on product development by astute players keeping in mind end use segments of oil and gas, industrial manufacturing, and food and beverages will help the market pull in healthy revenues.

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Wireless Mesh Network Market – Developing Regions Hold Lucrative Opportunities

The global wireless mesh networks market is extremely competitive in terms of the services and products offered by leading companies. Transparency Market Research observes that this current scenario of the vendor landscape has compelled market players to focus on the addition of innovative products and services to their portfolio to differentiate their offerings from their rivals.

Keeping this in mind, two of the most common and successful strategies that companies have been resorting to are partnerships and acquisitions. “Strategic collaborations with other leading players, niche vendors, and other strong contenders in the wireless mesh network market are commonplace in this highly competitive environment,” the author of the study states. “This has a favorable impact not just in terms of the development of newer products and services but also in terms of improved sales channels.

For instance, ABB’s acquisition of Tropos Networks has enabled the Zurich-based company to develop new products based on the existing prototypes by combining their own technology with that of Tropos. This has resulted in ABB establishing itself as a major brand and leveraging its present market position to further sales.

TMR predicts that the government sector is likely to present a large demand for wireless mesh from the public safety and communication networks owing to the cost-effectiveness of mesh networks. “Given that the implementation of these networks will be part of large-scale projects, players in the market can make the most of the high-profit opportunities presented by the government projects despite the low pricing scenario,” a TMR analyst states.

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Moreover, wireless mesh network providers can benefit from low competition in developing regions such as Latin America, Asia Pacific, and the Middle East. “These regions provide major opportunities for new entrants, wherein they can make the most of the availability of distributors, resellers, and service providers and develop a healthy position for themselves in the wireless mesh network market,” the analyst suggests.

The Opportunity in Numbers

The demand for wireless mesh networks is anticipated to surge from 13.3 mn units in 2015 to 37.2 mn units by 2024. The market worth, on the other hand, is projected to rise from US$3.9 bn in 2015 to US$8.9 bn by the end of the forecast period, registering a 9.7% CAGR. “The flexibility that mesh networks offer and their fast and easy deployment drives the adoption of wireless mesh networks,” the author finds.

Among the major radio frequency bands used, 2.4GHz is the largest segment considering it is the most commonly used frequency band for Wi-Fi applications in most parts of the world. Although this segment will continue leading the market throughout the forecast period, it is predicted to lose market share by 2024. On the other hand, the segment of sub 1GHz is expected to register the highest growth, registering an 11.7% CAGR from 2016 to 2024.

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Trends in Static Control Films Market: Share, Growth, Trends, Forecast 2027

Packaging manufacturers across the globe face challenges related to product damage during transportation and storage. To prevent static flow into the packed product, manufacturers use dipping solution such as additives for polymers or install metallized sheet such as aluminum flakes, nickel coated graphite, carbon fiber, stainless steel, etc. into polymers. Such static control packaging requires a conductive material which poses a high static barrier and renders hermetic packaging solution to its customers.

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Integrated circuits and semiconductors used in electronic, pharmaceutical, aerospace and automotive industries are highly sensitive to static electricity which leads to product damage. Manufacturers are thus focusing on producing static control films which render static control along with high packaging strength. Such static control films have proven to be an effective solution from protection of static sensitive components during storage, transportation, shipping and material handling process. This has allowed OEM manufactures to operate with more flexibility in terms of distributing work in progress components and finished products from one facility to another. Moreover, APEJ static control films market is expected to witness a massive growth over the forecast period.

Global Static Control Films Market – Market Dynamics:

The need for static control films is driven due to growing demand for Internet of Things (IoT). The use of integrated circuits and semiconductors are obvious for the implementing of IoT. Moreover, growth in electronic devices segment is rapidly correlating the demand for static control films.

In addition, different types of drugs require distinctive forms of packaging, in many cases, some drugs are highly reactive to electro static flows. In order to minimize such risk drug manufacturers are highly demanding for static control films for packaging their products. In addition, the material and additives used for manufacturing static control films are easily available which is further aids in higher profit margin for packaging film manufacturers which is luring producer to manufacturer static control films.

Also, emerging trend in luxuries automotive sector and its component is propelling the growth of static control films. Besides static control films renders moisture and humidity control providing resistance and barrier properties. Such factors are gaining traction across pharma, electronic and automotive industries which are driving the growth of static control films. On the flip side, manufacturers are facing challenges with regards to environmental protection acts on producing films which is a backlash for players operating in flexible packaging films. Nevertheless, the countries of U.S. and Japan is anticipated to represent a sustainable growth in static control films market over the projected period.

Global Static Control Films Market – Market Segmentation:

Global static control films market is segmented into packaging type, end user base, and material type. On the basis of packaging type the global static control films are segmented into foams, tapes & labels, racks, clamshell, trays, bags and others. On the basis of end user base the global static control films is segmented into automotive, pharmaceutical, aerospace, defense & military, electronic industry, cosmetic, and others. On the basis of material type the global static control films market is segmented into polyvinyl chloride (PVC), polyethylene (PET), polyamide (PA), polyaniline (PANI), others.

Static Control Films Market – Key Players:

Some of the key players operating in the global static control films are Klockner Pentaplast, Laminated Films and Packaging, Toray Plastics (America), Inc., Seco Ind., Statclean Technology Pte ltd., Integrated Packaging Films Inc., Croda International Plc.

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