Agriculture Machine to Machine (M2M) Market Rising Trends, Technology Research and Precise Outlook 2019 to 2026

The term machine to machine (M2M) is used to describe a technology that enables connected devices to share data or information and perform actions without human assistance. An agricultural M2M is used to describe irrigation systems, vehicles, and weather stations that are linked to each other using a telecom network and core software for the analysis and delivery of instructions. Agriculture M2M is a part of growing internet of things trend, in which devices can be accessed and controlled over the network.

According to Cisco Visual Networking Index: Forecast and Trends, 2017 – 2022 whitepaper, the global internet users are expected to reach 4.8 Bn by 2022. Additionally, the number of networked devices and connections is expected to reach 28.5 Bn by 2022. This trend clearly shows the rise machine to machine (M2M) and opportunities created for various vendors. The agricultural sector requires heterogeneous production machinery, diverse process partners, and high operational machinery costs. Demand for food production is expected to increase by 70% by 2050.

Rise in energy prices, reduction of underground water levels, and loss of farmland due to rapid urbanization are increasing the pressure on the agriculture industry and individual farmers to maximize yield and revenue. However Agriculture Machine to Machine (M2M) solutions play an important role in the rapid transformation of agricultural sector towards smart farming. It is helping farmers and agriculture producers to use technologies by providing them remote connectivity between farms and information management system including monitoring, land management, food traceability and many more.

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The agriculture M2M solutions help farmers and agricultural businesses to monitor equipment, manage their livestock and crops, assess environmental impact on production and keep a track of their machinery such as tractors and harvesters. Farmers are able to take informed decisions to improve yields and increase efficiency and transparency within the agricultural value chain by employing agriculture M2M solutions. High cost of setting up and maintenance services, limited network coverage, and poor understanding of business cases restrain the agriculture machine to machine market. Agriculture M2M solutions create opportunity for mobile operators, as they are better positioned to contribute, influence, and benefit from the agriculture value chain.

Mobile operators are also exploring different options to expand their services beyond connectivity, capture bigger share of the market, and increase sustainability of their businesses. New partnerships can help in standardization of agriculture M2M services, reduce cost of deployment and integration issues, and defragment the ecosystem. Mobile operator led investment in startups, innovation hubs, and marketing campaigns is creating awareness among various users about the benefits of M2M to their agriculture operations. This, in turn, can help them invest in and use agriculture M2M solutions.

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Residential Energy Management Market In-depth Analysis And Precise Outlook- 2019 To 2023

Residential energy management solutions are cost effective and latest technology solutions designed to cater to the demand of reduction in energy consumption by residential customers. Residential energy management solutions consume less power and results in lower utility bills. Residential energy management solutions measure the energy consumption of home’s heating, cooling, lighting systems and individual appliances to uncover trends in electricity use and operate devices to get maximum savings. Consumers choose residential energy management solutions independently or at times data ownership rights and device control is assigned to third party Energy Management Service Providers (EMSPs).

Residential energy management Market is classified by communication technology as Wi-Fi, Ethernet and Home Area Networks (Z-Wave, ZigBee, Home Plug and others). Residential energy management market is segmented on the type of devices as smart meters, smart appliances, smart thermostat, load control switches, smart plugs, gateway and in-home display. On the basis of adoption of residential energy management solutions across various geographies, the market is classified as North America, Latin America, Europe, Middle-East and Africa and Asia Pacific.

Lighting controls, programmable thermostats, HVAC controllers and self-monitoring systems are the key solutions available in residential energy management market. According to U.S. Energy Information Administartion (EIA) residential sector account for 18% of total energy consumption globally, thus creating need for an energy management system.

Residential energy market is currently immature; however, with increasing importance of home automation and control, the market is anticipated to have tremendous potential due to which is expected to have significant revenue opportunities in the near future.Under residential sector space heating and cooling, water heating consumes maximum energy and thus are the most targeted areas for energy management solutions.

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Nowadays, companies which are dealing with energy consuming products or services are partnering with energy management solution providers to create new services in residential energy management sector; for instance, Comcast Corporation expanded in the residential energy space with an agreement with energy management solution provider EcoFactor, in February 2012.

In accordance with this deal, Comcast Corporation will create a new service that optimizes the heating and cooling patterns of a home and integrates with the broadband and cloud-based platform. Recently, companies such as Ecofactor, Inc., OPOWER, Inc are providing analytics capabilities with residential energy management solutions. Analytical tools identify electricity and appliances usage patterns at consumer’s premises to manage energy efficiently.

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Rugged Tablet Market 2019 Analysis Along With Research Outlook 2025

• The global rugged tablet market is expected to be positively affected by more than one factor. However, the growing demand in the defense sector could stand out in the market, as suggested by seasoned analysts. The defense sector is observed to adopt mobility solutions at a significant rate and evolve aggressively. With a view to minimize manual data distribution, military personnel are making use of information structures that comprise of secure cellular broadband and wireless technologies within a protected network. Furthermore, the market is projected to testify of a rising preference for feature-rich devices.
  The global rugged tablet market could be classified according to end user and type. By type, fully rugged tablet is forecast to account for a larger share of the market. Each market segment is studied in great detail by the report authors. This could help readers to identify opportunities in different segments.
  The report gives a detailed study of vital factors that could enhance and those that could arrest the demand in the global rugged tablet market. It also provides strong guidelines for players to overcome challenges when operating in the market. The analysts make use of latest research methodologies and accurate statistical figures to ensure readers get the best output on the receiving end.
  Global Rugged Tablet Market: Trends and Opportunities
  In the next five years or so, the world rugged tablet market is predicted to see a comprehensive growth due to certain factors including the availability of free apps such as TeamViewer, Google Drive, and Microsoft 365. The long battery life of rugged tablet could help the market to build a strong consumer base. If we talk about end users of rugged tablet, the field service market is expected to set the tone for a valuable growth during the course of the forecast tenure 2017-2025. It could also secure a leading share in the foreseeable future.
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  Nonetheless, the world rugged tablet market is also anticipated to benefit from other end users such as manufacturing and government. However, you cannot deny the excellent growth expected to be garnered by field service on the back of the rising usage of fully rugged tablet by field personnel in construction and road projects. Fully rugged tablet could gain a high preference from consumers in comparison with other types such as ultra-rugged and semi-rugged tablets. Construction, transportation, medical, military, and other end-user industries are envisioned to help increase the demand for fully rugged tablet in the coming years.
  Global Rugged Tablet Market: Geographical Analysis
  Among different regions considered important for the growth of the international rugged tablet market, the Americas have been envisaged to demonstrate their dominance in the near future. Some analysts have also noted the region to currently lead the market based on various factors. The loyalty of users to rugged tablet vendors such as Panasonic and Xplore in North America seems to bode well for the market in the Americas. Asia Pacific and Europe, the Middle East and Africa (EMEA) are expected to tread on the heels of the Americas for the next few years.

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Broadcast and Media Technology (Solutions and Services) Market Growing Massively by 2019-2027 Major Players

• The global broadcast and media technology (solutions and services) market is expected to register a CAGR of ~ 9.0% between 2019 and 2027. The broadcast and media technology (solutions and services) market is projected to be driven by the growing demand for emerging technologies among broadcast and media companies. Broadcasters and media companies are adopting advanced technology to increase business agility and flexibility. This is expected to boost the broadcast and media technology (solutions and services) market in the near future.
• The global broadcast and media technology (solutions and services) market is expected to reach ~ US$ 12.5 Bn by 2027 from ~ US$ 6.3 Bn in 2019. The new generation of advanced technology continues to drive the demand for broadcast and media solutions from end users, thereby continuously pushing the demand for broadcast and media technology (solutions and services).
• The broadcast and media technology (solutions and services) market in North America is anticipated to expand at a rapid pace during the forecast period, followed by Europe.
• North America remains the leading market for broadcast and media technology (solutions and services), with revenue in 2019 estimated to reach ~ US$ 2.1 Bn. Technical advancements, increased digitization, and the presence of a large number of broadcast and media technology solution providers are responsible for the growth of the broadcast and media technology (solutions and services) market in the region.
• Asia Pacific is projected to lead the global broadcast and media technology (solutions and services) market during the forecast period. This is primarily due to the increasing transition to new viewing experiences, and increasing awareness about digital platforms such as Neflix, Amazon Prime, and Hotstar among the people in the region.

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Broadcast and Media Technology (Solutions and Services) Market Definition

• The broadcast and media technology (solutions and services) market report provides analysis of the global broadcast and media technology (solutions and services) market for the period 2017–2027, wherein, 2018 is the base year and 2019 to 2027 is the forecast period. Data for 2017 of the broadcast and media technology (solutions and services) market has been included as historical information.
• In the broadcast and media technology (solutions and services) market report, we analyze the challenges that organizations are facing to acquire the right broadcasting solutions that can cope with the rapidly changing digital world, and also how much organizations are ready to adopt these new technology broadcasting solutions in order to meet the requirements of today’s digital world.

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IT Spending in Retail Industry Market Competitive Research And Precise Outlook 2019 To 2026

According to a new market report published by Transparency Market Research the global IT spending in retail industry market is expected to reach a value of US$ 188.5 Bn by 2026, due to increasing adoption of advance technology by retail companies. The market is projected to expand at a CAGR of 6.5% during the forecast period from 2018 to 2026. North America is expected to hold the dominant position in the market followed by Europe and Asia Pacific during the forecast period.

Adoption of 5G Technology by E-commerce Companies Accelerating IT Spending in Retail Industry

5G provides significant speed compared to previous communication technologies. 5G enabled mobile networks are set to offer average speeds of around 1GBP, which is expected to significantly reduce latency, reduce power consumption, and support increased connection density of devices on the network.

This is important for the increasing number of connected devices such as mobile phones and IoT devices. 5G is expected to greatly affect the adoption of Internet of Things (IoT) technology, with the increased speed, lower latency, and power requirements, facilitating machine to machine communication within a large network of low-cost sensors.

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Further, the emergence of private 5G networks are expected to provide retailers deeper capabilities to personalize in-store shopping experience such as streamlining payments, better inventory management, and tailored recommendations and offers. 5G communications technology is expected to drive mobile e-commerce further, with retailers providing their customers with media-rich interactions and personalized experiences across multiple touch points and channels - mobile, online, or in-store.

According to Salesforce.com, Inc., 71% of shoppers used their mobile devices in-stores in 2018 (83% for shoppers aged 18-44), an increase from 62% in 2017. This enables retailers to provide a seamless customer experience. Early adopters of 5G technology in the retail industry are likely to provide their customers with revolutionary experiences and customized product offerings, along with rich content delivery mechanisms. This would provide a unique, personalized retail experience with greater chances of up-selling or cross-selling offerings to the customer.

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Process Simulation Software in Oil and Gas Market - Global Strategies and Insight driven transformation 2019-2027

According to a new market report published by Transparency Market Research the global process simulation software in oil & gas market was valued at US$ 927.7 Mn in 2018 and is expected to expand at a CAGR 4.3% from 2019 to 2027, reaching US$ 1,349.3 Mn by the end of the forecast period.

According to the report, North America was the largest contributor in terms of revenue to the process simulation software in oil & gas market in 2018. This growth is mainly attributed to the growing need for process simulation software among oil and gas companies to efficiently design and analyze each process during exploration and production of oil and gas in the region.

Increase in global drilling activity and rise in overall expenditure by oil and gas companies

Drilling activity has significantly increased from the past year, thus increasing the demand/ requirement for designing, modeling, visualization, and data capturing tools. E&P companies are in greater need for simulation tools and services that can help them maximize production and minimize errors in order to efficiently conduct the drilling process. For instance, according to the worldoil.com report, the U.S. was expected to drive the overall global drilling activity with around 18,552 drilled wells in the year 2017.

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Hence, this is a major factor which is boosting the growth of process simulation software in oil & gas market across the world. Furthermore, increase in overall expenditure by oil and gas companies around the globe is also likely to fuel the growth of this market. This is primarily due to the growing number of approved oil and gas projects around the globe. In order to efficiently accomplish these projects, oil and gas companies are investing in various technologies including simulation and 3D technology which plays a vital role in overall project initiation.

Process Simulation Software in Oil & Gas Market: Scope of the Report

The global market for process simulation software in oil & gas has been segmented on the basis of component, application, operation type, and geographic regions. On the basis of component, the market is segmented into software and services. Software segment is further categorized into cloud-based and on-premise. Services segment is categorized into consultancy, training, and support. In 2018, the software segment accounted for the largest market share in terms of revenue of the global process simulation software in oil & gasmarket. Furthermore, the services segment is expected to expand at a significant growth rate during the forecast period.

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HSE Consulting and Training Services Market 2019 Along with Statistics, Forecasts till 2027

The demand within the global HSE consulting and training services market is growing alongside advancements in industrial planning and management. The wide scope of applications for HSE consulting and training services has played an integral role in market growth. Health, safety, and environment (HSE) consulting holds relevance for several industries of the contemporary age.

Besides, the need for risk assessment across the aforementioned verticals has also garnered the attention of the masses. The industrial sector is characterised by the use of hazardous substances and high-risk applications. Henceforth, industrial heads resort to the use of HSE consulting and training services in order to minimize risks and dangers. Accident reporting and contract management are amongst other key applications of HSE consulting.

Transparency Market Research (TMR) finds that the global HSE consulting and training services market would accumulate revenues worth US$ 59,832.1 Mn by 2027, rising up from 35,074.2 Mn in 2017. The CAGR of the global HSE consulting and training services market for the period between 2019 and 2027 is tabulated at 5.9%. Medical data analysis has emerged as an important service in the market. The market in North America and Europe accounts for a large percentage of revenues in the global HSE consulting and training services market.

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Need for Developing Congenial Working Environments across Industrial Units

The next decade is set to witness the inflow of voluminous revenues in the global HSE consulting and training services market. The unprecedented demand for managing the dynamics of the industrial sector spanning into air quality management, ventilation, and industrial hygiene has garnered the attention of the market players. There is no doubt about the seriousness of industrial units in embracing new technologies that offer resilience in manufacturing. Henceforth, the total volume of revenues in the global HSE consulting and training services market is set to rise by a dramatic chase.

Seriousness of Industrial Units toward HSE Training

Occupational health services make up for a large share of revenues within the global HSE consulting and training services market. Furthermore, the need to avert violence and harassment across the industrial expanse also necessitates the use of HSE consulting. The utility served by HSE training services is behind increasing demand across the market. Moreover, industries have touched the pedestal of recognition through deployment of audit programs, environmental monitoring schemes, and hazard analysis methods. Henceforth, the HSE consulting and training services market is set to move along a lucrative growth track in the years to follow. Several key industries including oil and gas, automotive, pharmaceuticals, and aviation are end-users of HSE consulting and training services.

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