Wednesday, 22 April 2020

Smart Waste Collection Market Size Current and Future Industry Trends, 2019 – 2027

  April 22, 2020    No comments
The global smart waste collection market is anticipated to reach value of US$ 4.5 Bn by 2027. The smart waste collection market is projected to expand at a CAGR of ~7% from 2019 to 2027 in terms of revenue. Growth of the smart waste collection market can be attributed to the adoption of the IoT technology encouraged by governments for smart waste collection in smart cities, which has triggered growth of the market globally. Over the forecast period, North America is anticipated to emerge as the leading smart waste collection market, followed by Europe and Asia Pacific.
Government Trend of Smart Waste Collection in Smart Cities with Adoption of IoT Technology
Rising government initiatives, strict regulations, and large- scale investments with the emergence of IoT has revolutionized and addressed operational costs for smart waste collection systems and their management across smart cities worldwide. In addition, increasing adoption of IoT technology that connects a range of smart sensors and devices to monitor and automate city waste management operations is positively impacting the smart waste collection market across the globe.
Furthermore, sensor-based technologies are the key to develop and implement smart solutions in waste collection and management. In smart cities, governments are investing in advanced solutions, which include navigation systems, tracking sensors, smart vehicles, and smart bins, so as to improve the solid waste management process. Increasing adoption of IoT based sensors is improving the waste collection process, which in turn is expected to drive the smart waste collection market over the forecast period.
Request For COVID-19 Impact Analysis Across Industries -  
Smart Waste Collection: Market Segmentation
The global smart waste collection market has been segmented in terms of component, system, utility type, and region. Based on component, the smart waste collection market has been classified into hardware and software. Among utility types, the public utility segment dominated the global smart waste collection market in 2018. Based on system, the smart waste collection market has been categorized into smart waste bin collection system, smart fleet management & logistic solution, smart waste recycling system, and cloud computing (IoT) interface.
Smart Waste Collection Market: Regional Outlook
In terms of region, the global smart waste collection market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the smart waste collection market during the forecast period.
The U.S. is estimated to hold a notable share of the market in North America and the market in the country is projected to expand at a CAGR of 8.1% during the forecast period, due to increasing adoption of smart waste collection systems in the country. Asia Pacific led the global smart waste collection market, accounting for a substantial share in 2019, with China, India, and Japan being the major markets in the region. The smart waste collection market in Europe, Middle East & Africa, and South America is also projected to increase moderately over the forecast period.
The report provides in-depth segment analysis of the global smart waste collection market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the smart waste collection market.
Smart Waste Collection Market: Competition Dynamics
The research study includes profiles of leading companies operating in the global smart waste collection market. Key players profiled in the report include Big Belly Solar, Inc., Veolia, Ecube Labs Co., Ltd, IBM Corporation, SAP SE, OnePlus Systems, Inc., RecycleSmart Solutions, Covanta Holding Corporation, Enevo Oy, Enerkem Inc. and Waste Management, Inc.
Read More

Robot Operating System Market Opportunity, Share and Forecast during 2019-2027

  April 22, 2020    No comments
According to a new market report published by Transparency Market Research. The global robot operating system (ROS) market is expected to reach a value of US$ 438.0 Mn by 2027 on account of ever expanding robots across a number of industries. The market is projected to expand at a CAGR of 9.2% during the forecast period from 2019 to 2027. The global robot operating system market is mainly driven by rising adoption of ROS in research & innovation and rising expansion of industrial capabilities.
Growing installations of industrial and commercial robots across the industries is driving the global ROS market
ROS is an open source platform, robot enthusiast. Robot developing companies can easily pull its code from the web for free and use it to curb their idea to whatever level with further customization based on the requirement.  This factor has given strong impetus to the overall ROS market. The ROS market is expected to witness further revision, innovation and development in coming years, since there are number of big companies investing in the market. The great flexibility of ROS has promoted code sharing and contributions from researchers covering all major aspects of robotics. At present, ROS has helped the robotics community progress faster by sharing solutions to common problems. The rising installations of commercial and industrial robots across the application especially in automotive, healthcare, logistics and warehousing and other production & manufacturing sector for process automation is supplementing the growth of ROS market.
Global Robot Operating System (ROS) Market: Scope of the Report
ROS market is segmented by type, by application and by region. By type, the ROS is divided into commercial robots and industrial robots. Industrial Robots holds more than 60% market share for ROS market. H-ROS or hardware robot operating system helps in the designing of reusable and reconfigurable robot component to create comprehensive robots. It aims to reduce the overall development time for the manufacturers. The Industrial ROS has made it simple for the robot developers to efficiently design robots catering the industrial needs. Among these segments, commercial robot segment is further sub-segmented into stationary and portable robots. Whereas, industrial robot segment is further categorized into SCARA, articulated, Cartesian, linear and others.
Request a sample to get extensive insights into the Robot Operating System (ROS) Market
Based on application, ROS is categorized into commercial and industrial. Among these segment commercial is further divided into healthcare, (hospitals and pharmaceuticals), hospitality (restaurants and hotels), retail (big and small retail stores), agriculture & farming and others (entertainment and domestic services). The process manufacturing and healthcare are seen to emerge among fastest growing industries in the field of robotics as these involve developing customized products. ROS based robots are significantly being used in Automotive, Electronics and Packaging and Warehousing. Additionally, the industrial segment is bi-furcate into automotive, electronics, food & packaging, rubber & plastics, logistics and warehousing and others purposes such metal and energy.
North America dominates the ROS Market with a market share of more than 45% in 2019. This is primarily due to the demand for increased service quality from consumers, fast adoption of technology combined with worthwhile initiatives taken, development of more advance version of ROS platform, and rising awareness for the same. Among all the geographies, Asia Pacific has witnessed strong growth in robots adoption and demand, both in terms of value and volume. Asia-Pacific contributes the highest CAGR over the forecast period. Asia-Pacific, North America and Europe are the most attractive market for robot operating systems.
The number of registered ROS users is increasing subsequently. North America, Europe, and Asia have the maximum number of users. Moreover, by transforming from a utility-based middleware to the engine that drives the future development of robotics and allied software tools, ROS would be filled with new developments over the forecast period. In addition, ROS market in Asia Pacific countries including India and China are anticipated to see growth owing to rapid industrialization, safety prospects, improved quality & reliability. Continuous demand for robots in countries like China, Taiwan and Republic of Korea is expected to boost the market for ROS. Asia-pacific is expected to foresee high growth since robots are being increasingly adopted by many industries in Asian countries the need for ROS is expected to gain high popularity.
Global Robot Operating System (ROS) Market: Competitive Dynamics
Some of the major players in global robot operating system market with most significant developments are ABB Group, Clearpath Robots, Husarion,Inc., Stanley Innovation,OmromAdept Technology,Inc., Cyberbotics Ltd. Rethink Robots, Yaskawa Motoman, KUKA AG, iRobot Technologies and Fanuc Corporation.
Read More

Voice over WiFi Market Status and Business Outlook 2027

  April 22, 2020    No comments
  • Voice over WiFi allows users to make calls over a wireless Internet connection instead of a cellular network. Rapid increase in users of broadband Internet services, especially in the residential segment, and widespread use of smartphones are fueling the demand for voice over WiFi.
Global Voice over WiFi Market: Dynamics
  • Growth in Internet and Smartphone Users
    • Rapid growth of availability of WiFi across the globe has helped establish the communication infrastructure for voice over WiFi. Increasing usage of WiFi is also fueling the expectation of end-users for quality, convenience, and cost savings from communication service providers.
    • Additionally, rise in number of users of smartphones has boosted the global voice over WiFi market. Easy access to Internet or WiFi in a smartphone with improved network connectivity has propelled the demand for voice over WiFi. According to the Cisco Visual Network Index, smatphone users across the globe are expected to reach 6.7 billion in 2022 compared to 4.3 billion in 2017.
North America Dominated Global Market in 2019
  • Based on region, the global voice over WiFi market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
  • North America held dominant share of the global voice over WiFi market in 2019. It is expected to continue its dominance throughout the forecast period. The U.S. and Canada are the major countries that drive the market in the region. Dominant position of North America in the global market can be ascribed to the high penetration of Internet and smartphone users in countries in the region.
Request For COVID-19 Impact Analysis Across Industries -  
  • The voice over WiFi market in Asia Pacific is expected to expand at a fast-paced CAGR during the forecast period. India, China, Japan, and Australia are major countries of the voice over WiFi market in the region. Increase in penetration of Internet and rise in purchasing power of consumers are some of the key factors driving the voice over WiFi market in Asia Pacific. Rise in purchasing power of consumers has boosted the demand for smartphones. This is directly augmenitng the voice over WiFi market in Asia Pacific.
Key Players Operating in Global Market
Key players operating in the global voice over WiFi market are listed below:
  • Alcatel-Lucent
  • Oracle Corporation
  • Cisco Systems Inc.
  • Ericsson AB
  • Huawei Technologies Co. Ltd
  • Aptilo Networks
Read More

Product Cost Management Software Market Stand Out as the Biggest Contributor to Global Growth 2019–2027

  April 22, 2020    No comments
Product cost management software can be referred as set of tools which enables tracking and controls the design and process costs of manufactured goods or other development intensive products. To locate cost drivers and compare various designs for feasibility, and cost efficiency is the major reason to deploy the product cost management software.
It enables to keep a track on the cost of the product manufactured and it is majorly used by manufacturers and similar entities. The software may be standalone, or it may be offered as a module in a product lifecycle management (PLM) suite.
Global Product Cost Management Software Market - Dynamics
Cost Competition
Across the globe the competition among the players has been increased. Specifically in Asia Pacific region, cost is the key to penetrate in the market due to value conscious consumer behavior. With China being world’s cheapest manufacturer of products, the need for offering competitive prices has been increased across the industries. To minimize and eliminate the unwanted cost in the product the deployment of product cost management software is increasing.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
Increasing Demand for Automation in the manufacturing Process by SME’s
In this competitive era, SME’s are adopting the automation in the business process. Small & medium enterprise specifically in North America and Europe are integrating the product cost management software so that they can be more competitive in their price offering and this would help them to penetrate into the market easily.
System Infrastructure & System Downtime is Hampering Growth of the Product Cost Management Software Market
Integration of the product cost management software with the manufacturing process leads to increase in the system downtime and would hamper the revenue for short term period. In many countries of Asia Pacific the production system is not compatible to product cost management software. This would increase the manufacturer capital cost to deploy the compatible system in the organization.
North America Expected to Dominate the Global Product Cost Management Software Market
In terms of region, the global product cost management software market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the global product cost management software market during the forecast period, due to strong adoption of automation & technology by SME’s in the region.
Global Product Cost Management Software Market - Competitive Landscape
  • In September 2019, to accelerate development of aPriori’s cloud applications and manufacturing cost simulations aPriori Secures US$ 26.8Mn in Series C Financing Round.
Siemens Industry Software Inc.
Established in 1997, Siemens Industry Software Inc. is majorly focused towards product costing as well as tool costing. Product costing provides an enterprise-wide platform for managing calculations, and thus provides the basis for standardized costing methods, models for fact-based calculations, and transparency into cost drivers. Whereas tool costing creates a timely and reliable cost estimates for quotation and tool cost analysis.
aPriori
Established in 2003, aPriori is a headquartered at Massachusetts in the United States. The company provides product cost management platform which enable early visibility to cost, consistency of costing practices across all members of the product team, and higher throughput of cost optimized parts.
Read More

5G Modem Market Status And Business Outlook 2019 – 2027

  April 22, 2020    No comments
  • 5G modem is a RF-system or a chip, which is deployed as a part of the network infrastructure to help empower 5G devices to connect easily to networks. 5G modem is generally available in two modes - single mode and multi-mode.
  • 5G modem supports the latest mmWave technology as well as 5G NR from 600MHz to 6GHz in both TDD and FDD flavors. 5G modem is three times faster than any LTE modem and can deliver download speeds up to 7.5 Gbps. Additionally, 5G modem can easily provide faster connection among the cloud and the user.
Increasing Demand for Portable Devices: Key Driver
Adoption of portable devices is increasing among end-users across the world. Major devices adopted by end-users include smartphones, tablets, wearable devices, and laptops. Consequently, this has increased the demand for continuous cellular connectivity, which is further expected to fuel the demand for 5G modem globally.
  • Smartphone adoption is accelerating across emerging regions and about 90% of the total smartphone subscribers are from emerging economies. India is expected to add approximately half a billion new subscribers over the next five years.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
Growing adoption of portable devices and rise in mobile data usage are anticipated to fuel the 5G modem market’s growth over the forecast period. This is primarily due to the increasing number of consumers across the world. In addition, increase in mobile data traffic due to the penetration of smart devices among end-users is also expected to boost the demand for 5G modem across the world
  •  For instance, according to the Groupe Speciale Mobile Association (GSMA) Mobile Economy Report 2016, the penetration rate of smartphones is expected to rise from 63% in 2015 to 72% in 2020. Furthermore, 2.5 billion individuals across emerging nations were accessing the internet through mobile devices till 2015. Thus, mobile data usage penetration is expected to rise from 23% in 2015 to 37% in 2020.
Strict regulatory compliances for the development of 5G infrastructure expected to hamper the global 5G modem market
  • Strict regulatory compliances worldwide related to development of network infrastructure is expected to negatively impact the growth of 5G infrastructure development.
    • For instance, the Swiss Parliament (Switzerland) declined twice to reduce its radiation limits to license 5G. Furthermore, the Belgium government enforced strict guidelines on radiation and paused the installation of 5G trails.
  • On the other hand, telecom vendors are constantly emphasizing on developing next-generation radio frequency systems or chips that can easily enable approximately 25% decline in power consumption, weight, and size in 5G infrastructure. Therefore, strict regulatory compliance for the development of 5G infrastructure is expected to restrain the global 5G modem market.
Looking for exclusive expert insights from business experts? Request a custom report here
Asia Pacific to Account for Major Share of the Global 5G Modem Market
  • In terms of region, the global 5G modem market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • Asia Pacific is anticipated to account for major share of the global 5G modem market during the forecast period due to growing IoT/m2m connections coupled with wide-ranging network coverage, indicating potential growth of the 5G modem market in the region. Europe is expected to be the second largest market for 5G modem from 2019 to 2027. Increasing focus on developing new and advanced 5G chipset components is likely to boost the growth of the 5G modem market in the region.
Read More

Data Lake Market to Increase Exponentially During 2019 to 2027

  April 22, 2020    No comments
Data lake is a centralized repository that helps to store all the structured and unstructured data at any scale. It offers the storage of data without having to first structure the data, and run different types of analytics. The analytics used within the data lake includes Machine Learning, Predictive Analytics, data discovery, and profiling.
Data scientists, data developers, and business analysts (using curated data) are the major end-users of data lake.
Global Data Lake Market – Dynamics
Increasing Focus on Enhancing Customer Interactions within an Enterprise
The need for a platform which can store and manage the large volume of data with respect to customer information and behavior has increased due to the increase in competition across industries. A data lake can combine customer data from a CRM platform with social media analytics, a marketing platform that includes buying history, and incident tickets which can be used to improve the customer loyalty toward the company.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
Improves Operational Efficiency
Internet of Things (IoT) introduces more ways to collect data related to processes such as manufacturing, with real-time data coming from internet connected devices. The need for operational efficiency with respect to cost and the data analytics has increased across the globe. A data lake makes it easy to store and run analytics on machine-generated IoT data to discover ways to reduce operational costs and increase quality.
Lack of Skilled Professional is Restricting Growth of the Market
Lack of Professional Expertise with Regards to Data Science
The number of professional experts in data science and with the skill set to manage the data lake is comparatively less. The level of HDI is low majorly in Asia Pacific and South America compared to other regions. Therefore, the number of skilled and professional workers is low in these regions. Lack of awareness and low HDI is restricting the growth of the data lake market.
North America Expected to Dominate the Global Data Lake Market
In terms of region, the global data lake market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the global data lake market during the forecast period, as the adoption of AI and machine learning technologies within this region is very high compared to other regions.
Looking for exclusive expert insights from business experts? Request a custom report here
Global Data Lake Market - Competition Landscape
  • In October 2019, SAP SE announced the launch of data lake for end-user analytics. It will provide an elastic data lake and data connectivity for analytics.
  • In February 2018, TCS launched enterprise data lake for advanced analytics on the Amazon Web Services platform which transforms end-user customer experience through cloud-based real-time Big Data analytics.
Read More

Digital Inspection Tools Market to Boom in Near Future by 2027 Industry Key Players

  April 22, 2020    No comments
Products in the current market scenario are toxic and can cause a variety of health complications to people who are involved in the production process. Operation workers are at risk of developing many serious health issues. Accidents can occur when workers are inspecting pipelines or traveling to gas and oil sites.
Digital inspection tools and services are targeted to deal with the issues and problems pertaining to the quality of the product, and safety of employees and workers. Inspection software that synchronizes to a central database lets inspectors share inspection reports in real time. Inspectors can focus on problem areas through digital inspection tools.
Global Digital Inspection Tools Market - Dynamics
Increasing Adoption of Automation & Digitization by SMEs
Extensive adoption of digitization, smart technologies, and automation by large and small & medium enterprises is the global trend. Overall, 90%-95% of total enterprises are small & medium in size while only 5%-10% are large. Majority of SMEs within the U.S have integrated or are looking to integrate their work flow with automation to gain operational efficiency.
Thus, adoption of digital inspection tools for quality assessment and safety of resources within organizations is increasing globally. Adoption of automation in the workflow process by SMEs is expected to drive the growth of the digital inspection tools market.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
Stringent Regulations on Worker Safety and Quality Standards
Across the globe, the governments of respective countries are taking strict measures for the safety of workers within organizations as well as the safety of products for consumers. The violation of such regulations could cost the company high penalties or legal action.
Digital inspecting tools have the capability to provide real-time information which could also help in enhancing the operational efficiency with respect to following government guidelines. External factors (legal) as well as internal factors (operational efficiency) are driving the demand for digital inspection tools.
Cost Concerns Restricting Growth of the Market
Cost of Deployment
The cost of deployment of digital inspection tools is comparatively high. The system integration cost from the conventional workflow system is typically a costly process. Regions such as Asia Pacific are highly focused on cost efficiency which could impact the growth of the digital inspection tools market in the largest market across the globe.  
North America Expected to Dominate the Global Digital Inspection Tools Market
In terms of region, the global digital inspection tools market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the global digital inspection tools market during the forecast period, as the adoption of workflow automation technologies within this region to improve operational efficiency in SMEs is very high compared to other regions.
Read More

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 ...