Wednesday, 23 January 2019

Context Rich Systems Market – Smartphone User Base Soars, Pushes Demand for CRS Solutions

According to a recent report compiled by Transparency Market Research (TMR), the competitive landscape of the global context rich systems market is presumed to show significant growth owing to the surge in urgency for improved consumer experience offered by companies. It includes various features of the user’s situation and the assessment that they can offer as well as work on.

Some of the major players of the global context rich systems market are Saxmsung Electronics Co., Ltd., IGATE Corporation, Microsoft Corporation, Amazon.com, Inc., IBM Corporation., Facebook, Inc., and Baidu. Players are looking forward to surge in the market as several mobile subscribers is increasing by the day. Apart from that, the number of internet users all over the world has increased drastically in the recent past. This offers lucrative opportunities for context rich systems solutions providers and manufacturers to put their best efforts in order to gain strong revenue in the market worldwide.

As per the TMR report, the global context rich systems market is anticipated to earn US$5.79 bn during the forecast period of 2015 to 2022. The CAGR is estimated to expand by 15.9% by the end of 2022. At present, distinguished players are putting more focus on the developing nations of the Asia Pacific region due to the upselling and cross-selling of Common Reporting Standard or CRS solutions at different levels across companies.

Asia Pacific to Witness Tremendous Growth with Surge in Number of Internet Users

Software Applications are an integral part of the market growth for context rich systems market as they are inclusive of cloud-based services and context-rich computing. Besides that, the software applications also include mobile computing and ubiquitous computing, thus forming an integral part of the context rich systems.

The market is mainly dominated by the regions of Europe, North America, Asia Pacific, Latin America and Middle East and Africa. Among them, North America is seen to be having the lion’s share and is further presumed to continue its dominance in the future years. This is because of the expansion of the IT industry base promoting professional culture with high consumer orientation channels. Europe, is not far behind and is focusing more on advertising online in order to give tough competition in the market. With the advent of video and social media promotions in trend with online advertising, the market in Europe is anticipated to be witness a high demand.


Asia Pacific is projected to be reaching sky limits owing to the rapid growth of internet users and smartphone buyers in the market. The IT infrastructure in this region is also developing at a faster speed contributing to the acceleration of the context rich systems market in the region.

Lack of Compliance to Affect Market Growth in Negative Light 

Although the market for context rich systems is seen to be growing up to sky touching revenue shares, factors like privacy and security concerns and the lack of compliance, interoperability and standard issues may act as a hindrance in the long run. Besides that, the Solution Integrator and System Integrator complexities incorporated in the implementation of useful CRS solutions is also expected to hamper the overall context rich systems market in the years to come.

Research and Development in Manufacturing Technology of Body Armor Drives Market

The global body armor market has been foreseen to witness a growing focus of companies to deliver technologically developed products to fulfill the unique defense needs of various nations. A report published by Transparency Market Research (TMR) has pointed out some of the leading players in the body armor business, viz. Safariland, LLC, Honeywell International, Inc., and Point Blank Enterprises, Inc. These players could be dedicated to providing specialized research and development facilities to their businesses. Companies could look to manufacture top-class protective gears by integrating developments in human engineering and material sciences with technological precision.

According to the statistics obtained by TMR analysts, the global body armor market has been projected to attain a revenue valuation of approximately US$4.3 bn by the end of 2021 at a CAGR of 4.0% for the forecast timeframe 2015–2021. Type IV body armor could reach a maximum share of an estimated US$1.0 bn by the concluding forecast year. For the same forecast timeframe, North America could take a leading position in the market with a 4.0% CAGR.

Continuing Soldier Modernization Programs Cement Growth of Body Armor Market

The world body armor market has been prognosticated to be pampered by a significant demand for state-of-the-art protective gear for militaries to combat in challenging circumstances and locations. The prolific demand for body armor could be bolstered by the ongoing adoption of various soldier modernization programs by governments around the globe. Governments have been anticipated to increase the adoption of the best of body armor products amid the fears of political vulnerability and rising terrorism. Body armor suits and accessories could be increasingly purchased across the world in view of the integration of attractive features such as lethality, survivability, sustainability, and mobility.


Considering the toughness of mountainous terrains, a number of countries such as those included in BRICS have been expected to focus on the development of body armor products that are light in weight. This could allow them to have access to sustainable solutions in grueling warlike conditions.

Leading Countries Diverting Defense Budgets for Other Commitments Fetter Demand

The flow of high demand in the international body armor market has been predicted to be disturbed by the slashing of defense budgets in some countries. The U.K. and the U.S. could be directing their heavy defense budgets toward economical purposes in the background of having fulfilled most requirements of their defense sector. This has been forecasted to not augur well for the growth of the market. The large-scale production of body armor could be hindered by limited patents related to manufacturing techniques, intellectual property rights, and monopoly secured by a few companies.

Tuesday, 22 January 2019

Global Mixed Reality In Gaming Market Predicted to clock whopping 38.0% CAGR between 2017 and 2025


Some of the key companies operating in the global mixed reality in gaming market are Canon Inc., Microsoft Corporation, Infinity Augmented Reality Inc., Seiko Epson Corporation, Lenovo Group Ltd., CCP hf,., Six Flags Entertainment Corporation, Osterhout Design Group, Dagri LLC, Magic Leap Inc., Recon Instrumnets Inc., Ubisoft Entertainment, HTC Corporation, Meta Company, and Samsung Electronics Co. Ltd.
The presence of a copious number of small and big players makes the mixed reality in gaming market fragmented, as per a recent market publication by Transparency Market Research (TMR). The market is foreseen to witness the entry of regional players leading to further fragmentation and stiff competition among players for greater market share. In this scenario, savvy players are pouring money into research and development to set up new facilities for innovation. These players are also vying for partnerships and alliances to tap into technological expertise and understand cultural preferences to develop games for regional markets. Collaboration of Microsoft with HP, Lenovo, Dell, and Acer to develop mixed reality headsets is a case in point.
As per estimates of a report by TMR, the global market for mixed reality in gaming is predicted to rise at a stellar 38.06% CAGR in terms of revenue for the forecast period from 2017 to 2025. At this rate, the market is estimated to be worth US$187.13 mn by the 2025 end. By component, mobile apps led the market in 2015 followed by software. In terms of application, entertainment segment is likely to hold the maximum share of the market over the forecast period. Vis-à-vis revenue, the personal end-use segment is predicted to lead the overall market through 2025. Geography-wise, North America is registered to be the most lucrative market for mixed reality in gaming powered by growth in the U.S. and Canada.
Demand for Immersive Virtual Gaming Experience Boosts Growth
At the forefront of driving the mixed reality in gaming market is unceasing growth of the gaming industry. The rising demand for mixed reality in video games among gaming geeks is likely to bode well for this market’s growth. The incorporation of mixed reality provides an immersive virtual environment and enables gamers to experience virtual reality on their gadgets. For example, the launch of Microsoft Hololens motion controllers and developer kits is serving to aid market players stimulate the development of mixed reality in gaming.
The ceaseless adoption of smartphones equipped with mobile data is generally stoking demand for entertainment and informative apps. Gaming apps especially the ones that provide immersive virtual environment account for widespread demand among gaming enthusiasts.

Retail Ready Packaging Market is to be worth US$84.46 bn by 2025


The global retail ready packaging market is prophesied in a report by Transparency Market Research (TMR) that finds highly competitive landscape owing to presence of numerous players to compete. However, extensive use of plastic for numerous applications coupled with innovation of new product mainly for packing are creating opportunities and driving growth of the market. Some of the players operating in the growth of the market includes DS Smith plc, Weedon Group, LINPAC Packaging, Smurfit Kappa Group plc, Caps Cases Limited, Mondi, International Paper Company, Amcor Limited, Creative Corrugated Designs, Inc., and Orora Packaging Australia Pty Ltd.
Report on the global retail ready packaging market predicts steady growth with a CAGR of 4.3% between forecast periods of 2017 to 2025. In 2017, the market value was registered at a US$60.52 bn and predicted to attain value of US$84.46 bn by the end of 2025.
High Adoption from Large Retailers to Ensure Safety of Product to be Beneficial for Market
Retail ready packaging market mainly witnessing growth owing to its property of being a shelf-ready packaging material. Mostly larger retailers and big stores including supermarkets and hypermarkets referrers shelf-ready-packaging as they don’t need to be packed or repacked. Due to its large shelf life, many store have adopted the ready packaging for better stock managements and safety of stock. These factors are propelling growth of the global ready packaging market and expected to continue growth over forecast period.
Ready packaging materials are mostly recyclable and eco-friendly. Due to stringent regulations on the use of plastic many environmentally-conscious people prefers ready packaging materials. Advantages of material such as visibility, safe handling of product coupled with cost effective material are augmenting growth of the global market for ready packaging. However, standardization and additional cost charged by suppliers are crimping growth of the world ready packaging market.
Changing Trade Channels in Asia Pacific to Uptake the Market
The market is segmented on the basis of material type, product type, application, and region. On the basis of material type, the market is segmented in to paper & paperboard, plastics, and others (metals). Of these, paper and paperboard is anticipated to witness substantial growth over the forecast period owing to its recyclability and sustainability. On the basis of type, die cut display containers, shrink wrapped trays, corrugated cardboard boxes, plastic containers, modified cases, folding cartons, and others (promotional bins). Of these, die cut display containers are expected to hold substantial share in terms of revenue in the market thanks to ease of handling while transporting.

Virtual PBX Market - Reduced Total Cost of Ownership (TCO) to Drive Market


According to a new market report related to the Virtual PBX market published by Transparency Market Research, the global Virtual PBX market is projected to reach US$ 14,368.4 Mn by 2026 driven by reduction in total cost of ownership in deploying Virtual PBX. The market is projected to expand at a CAGR of 15.3% during the forecast period from 2018 to 2026. Growth of the market is attributed to rise in demand for Virtual PBX and increase in adoption of cloud-based deployment models to offer quality services to clients. Americas is anticipated to lead the global Virtual PBX market, followed by Asia Pacific and Europe, during the forecast period. The Virtual PBX market is in an emerging stage and is anticipated to expand rapidly in the next few years.
Reduced Total Cost of Ownership (TCO) to Drive Market
A hosted PBX system helps reduce the total cost of ownership by bringing capital expenditure to the minimal as the system requires only the yearly fees of phones unlike an on-premise PBX solution which requires a PBX server, annual maintenance, and in-house IT staff.There are numerous additional benefits apart from the quantifiable benefits of a hosted PBX solution that are hard to quantify, such as freeing up staff time who would have been managing on-premise PBX, increased employee productivity, and improved customer satisfaction as the companies could reach an individual quickly. Also, by paying monthly subscription charges, companies could convert their capital expenditure into operational expenditure. Cost savings through reduced phone and fax charges, eliminating PBX hardware requirements, and reduced administration costs is driving the Virtual PBX market.
The impact of this driver is expected to be high during the forecast period as all businesses experience cost pressure and look to reduce the same on priority, and hosted PBX helps in reducing a considerable 25%-30% of total cost of ownership.
Global Virtual PBX Market: Scope of the Report
Based on enterprise size, the global Virtual PBX market has been segmented into small & micro enterprises, medium enterprises, and large enterprises. The small & micro enterprises segment is expected to dominate the global market in 2017. Small & micro enterprises have deployed Virtual PBX the most and contributed significantly to the growth of the market.
Americas led the Virtual PBX market, accounting for substantial share in 2017. The U.S. is the major market for Virtual PBX solutions in the region. Virtual PBX solutions are also gaining popularity in Canada and Rest of Americas.The Virtual PBX market in Europe and Asia Pacific is also expected to expand at a rapid pace during the forecast period.

Aviation Actuator System Market Expected to Reach US$ 2283.9 Mn by 2026


According to a new report on the aviation actuator system market, published by Transparency Market Research, the global aviation actuator system market is expected to reach value of US$ 2283.9 Mn by 2026, expanding at a CAGR of 6.4% from 2018 to 2026. According to the report, the global market is likely to continue to be influenced by a range of macroeconomic and market-specific factors. In terms of demand, Asia Pacific is projected to continue to lead the global market, with the market in the region expanding at a CAGR of 7.3% between 2018 and 2026.
Rising demand for defense aircraft driving the global aviation actuator system market
The global aviation actuator system market has witnessed strong growth over the last decade. The primary factor driving the market is rising demand for defense aircraft worldwide. In the wake of growing security concerns, increasing military capabilities by countries across the globe, and increasing expenditure on the defense sector, the demand for military aircraft is increasing. Thus, the surging demand for military aircraft is estimated to raise the demand for aviation actuator systems to be used in these aircraft during the forecast period. The shift toward using electric actuators is a major trend being witnessed in the global aviation actuator system market. Some of the leading aircraft manufacturers are shifting toward use of electric actuators instead of hydraulic actuators, due to advanced characteristics of electric actuators. For instance, Lockheed F35, Boeing 787 Dreamliner, and Airbus A380 have replaced hydraulic or pneumatic actuators with electric actuators.
Global Aviation Actuator System Market: Scope of Report
The global aviation actuator system market has been broadly segmented in terms of actuator type, application, end-use, and region. Based on actuator type, the market has been segmented into mechanical actuator, hydraulic actuator, electric actuator, and others. The mechanical actuator segment was the dominant segment, holding 34.83% share of the global market, in terms of revenue, in 2017. It is expected to expand at a significant CAGR of 6.7% during the forecast period.
This is primarily attributable to high demand for mechanical actuators in the aerospace industry. In terms of application, the global aviation actuator system market has been divided into flight control, auxiliary control, utility actuation, and others. The utility actuation segment is expected to expand at a high CAGR of 7.2% from 2018 to 2026, due to rising consumer inclination toward high-reliability actuators and actuation components used in the aviation industry. Based on end-use, the market can be segregated into commercial aviation and defense. The commercial aviation segment is anticipated to register the maximum CAGR during the forecast period, owing to various initiatives taken for the development of electric aircraft.
Among regions, North America is anticipated to hold the maximum share of the global market, while the market in Asia Pacific is anticipated to expand at the maximum CAGR during the forecast period. In 2017, North America accounted for 39.49% share of the global aviation actuator system market. This is attributable to increasing demand from major aircraft companies in the region, which include Bombardier and Boeing. Furthermore, the market in Asia Pacific is anticipated to expand significantly between 2018 and 2026, due to rising disposable income and growing middle-class population across the region.

Purpose-built Backup Appliance (PBBA) Market to reach US$ 8,114.6 Mn by 2026


According to a new market report published by Transparency Market Research, the global purpose-built backup appliance (PBBA) market was valued at US$ 3,427.9 Mn in 2016 and is expected to expand at a CAGR of 9.3% from 2018 to 2026, reaching US$ 8,114.6 Mn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the purpose-built backup appliance (PBBA) market in 2016.

Increasing need for data storage and protection drives the purpose-built backup appliance (PBBA) market
Purpose-built backup appliance (PBBA) is a complete backup and recovery solution that includes software solutions such as file systems, disk systems, and object storage. Purpose-built backup appliance (PBBA) solutions are specifically designed for enterprises to protect enterprise data for backup and recovery. Moreover, these solutions are used to store and protect enterprise information in data centers or on hosted storage systems.
Purpose-built Backup Appliance (PBBA) Market: Scope of the Report
The global market for purpose-built backup appliance (PBBA) has been segmented on the basis of system, component, enterprise size, industry vertical, and region. Based on system, the market is segmented into open and mainframe. In terms of component, the PBBA market is bifurcated into product type, software, and professional services. The product type component is further divided into virtual appliances and physical appliances. Professional services are sub-segmented into installation and integration, and support and maintenance.
In terms of enterprise size, the market has been fragmented into small & medium enterprises (SMEs) and large enterprises. Large enterprises segment is estimated to account for the largest market share due to rise in adoption of purpose-built backup appliances in large enterprises for storage purposes. The market has been segmented based on industry vertical into BFSI (Banking, Financial Services and Insurance), telecom and IT, government, healthcare, education, manufacturing, travel and hospitality, energy and utility, and others (retail, media and entertainment etc.).
Geographically, the global purpose-built backup appliance (PBBA) market has been divided into North America, Asia Pacific, Europe, South America, and Middle East & Africa. North America dominates the global purpose-built backup appliance (PBBA) market. This is due to enterprises in this region adopting purpose built backup solutionsas it provides better protection storage and protection software. The market in Europe is expected to expand at a rapid rate due to government rules and regulations about data protection and data security such as GDPR (General Data Protection Regulation). The Asia Pacific region is expected to register the highest growth dueto increase in awareness among enterprises about data protection, backup, and recovery. Markets in Middle East & Africa and South Africa are anticipated to grow at a slow rate.

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 ...