Monday, 1 June 2020

Gaming Peripheral Market Opportunities, Demand and Forecasts, COVID-19 2027

  • The gaming industry is growing at a significant rate in all regions. The components that provide the user with a seamless gaming experience are the gaming peripherals. Components such as keyboard, mouse, joystick, speakers, and head mounted displays are part of gaming peripheral.
  • Gaming peripherals are either wired or wireless devices. Some of the components are provided along with the game, whereas others need to be purchased as per user preference and gaming environment.

Constant technology innovation making the gaming peripheral market lucrative

  • Sectors such as gaming are at the forefront of adoption of technological advancements compared to other industry verticals. Current technology advancement in location based VR is enhancing end-user expectation to experience virtual surroundings in different applications irrespective of location or time. In recent years, hardware developers are focusing more on manufacturing user friendly peripheral devices in order to improve user experience. This drives the gaming peripheral market.
  • Constant innovation in controllers and peripherals is expected to drive the growth of the gaming peripheral market during the forecast period.
  • The gaming peripheral market is expected to see large scale innovation in short to medium term since the market is in an emerging stage and is backed by high investment  

Increasing implementation of IoT expected to drive the gaming peripheral market

  • IoT is one of the trending technologies in the gaming sector. Developments in connectivity technologies such as 4G, 5G, NFC, RFID, Bluetooth, and Wi-Fi is expected to have a positive impact on the gaming peripheral market.
  • The gaming industry is also influenced by virtual reality and augment reality. These technologies need devices that have IoT for a seamless user experience.
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Increasing trend of wireless gaming peripherals is also expected to escalate the gaming peripheral market toward growth trajectories.
  • Location based virtual reality is expected to have a significant impact on IoT and hence on the gaming peripheral market.
Asia Pacific Region Expected to Hold Major Share of Global Gaming Peripheral Market
  • Based on region, the gaming peripheral market can be divided into five regions, North America, Europe, Asia Pacific, MEA and South America.
  • Asia Pacific is expected to dominate the gaming peripherals market due to the highest number of gamers in this region.
  • Moreover, a major youth population (almost 60%) resides in this region which drives the gaming market and in turn affects the gaming peripheral market.
  • China, India, Japan, South Korea, and Singapore contribute a large share of gamers in this region which has a positive impact on the gaming peripheral market.

Distributed Operating System Market Players and Competitive Industry Scenario 2027

  • distributed operating system is a software which is a collection of distinct computational nodes that are networked, independent, and communicating in order to perform certain operations
  • The distributed operating system manages the jobs that are serviced by multiple processing units. Every distinct node holds a precise software subset of the global collective operating system. Each subset is a composite of two distinct service provisions.
  • The first subset is a universal kernel, also called as microkernel, which directly controls the hardware associated with that node. Second subset is the high level assembly of components for system management that coordinate the node's collaborative and individual activities. These mechanisms abstract microkernel functions and facilitate user applications.

Need of Multiprocessing in Computing Drives Distributed Operating System Market

  • Need of multiprocessing is necessary for faster and advanced computing. Faster system management and task management can be achieved with the help of distributed operating system.
  • Distributed operating system assures process management and resource management  in case of multiple threads or tasks in process
  • Easy inter process communication (IPC) can be achieved with distributed operating system. Reliability, availability, and high performance are assured by the distributed operating system.
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Synchronization of multiple parallel tasks that are assigned by the system for processing is also done by the distributed operating system.
  • Flexibility of time and resources assigned for the computation of task can be taken care of with the distributed operating system
  • Failure can be detected easily with distributed operating system
  • The distributed operating system can be deployed on cloud as well on-premise. This makes the processing flexible as per the user requirement.
  • Sharing of resources becomes easier when distributed operating system is used as it offers assigning of the resources according to the priority of the task while multiple tasks are running in parallel

Need of Faster Computing Drives Distributed Operating System Market

  • Faster computing is required in any system these days
  • The multi-tasking systems often need a system that processes tasks or threads faster based on the priority. All the systems these days have distributed operating systems as faster processing and computing is need of the hour.
  • Hence, this is expected to drive the distributed operating system market during the forecast period.

Software Defined Radio Platform Market Opportunities and Growth Forecast During COVID-19 2027

software defined radio platform is a radio communication platform where the hardware components which are deployed in a radio are replaced by software on a personal computer or embedded system. Platform technologies can evolve separately from the application on the basis of well-defined application interfaces. Generally, the software defined radio platform has operating capacity of 100 kHz to 18 GHz.
Within the software defined radio platform, new capability can be added without hardware alteration which enables a new generation of communication waveform developers to create new applications without close alliances with radio manufacturers.
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Global Dynamics

Reduction in Cost

Adoption of hardware based radio systems is reducing with the increased adoption of software defined radio platforms which means that it has eliminated the cost of hardware alteration to enhance the capacity of a radio system. A traditional hardware based radio platform limits cross-functionality and can only be modified through physical hardware alteration which increases the production cost and reduces the flexibility. The cost of modification and customization in the system has reduced with software defined radio platforms, which drives the growth of the market. Software defined radio platforms have also reduced the development costs drastically.

Increase in Flexibility

A software defined radio platform has significant portions of a RF system which are governed or monitored by software; it follows that significant portions of the system’s functionality can be refined, modified, or even overhauled simply by downloading a new program file or updating the software. Refinement and modification can be done on the existing software which brings down the cost as well as increases the scope of application of software defined radio platforms.

Extensive Software Development and Complicated PCB Design Hampering the Growth of the Software Defined Radio Platform Market

Software defined radio platforms generally require extensive software development and a complicated PCB design as the major system is governed by the software and programs rather than hardware. This require expertise and strong knowledge of PCB designing and software development as well as strong network infrastructure within the country. Many Asian countries such as India, China, Malaysia, and Indonesia which hold more than half of the world’s population do not have proper network infrastructure which could hamper the growth of this market.

North America Expected to Dominate the Global Software Defined Radio Platform Market

In terms of region, the global software defined radio platform market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the global software defined radio platform market during the forecast period, due to developed network infrastructure in North America compared to other regions.
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Global Software Defined Radio Platform Market – Competitive Landscape

  • In January 2019, a National Instruments brand i.e. Ettus Research announced the development of USRP E320 software defined radio (SDR). This will offer four times more FPGA resources compared to its predecessor (USRP E31x devices).
  • In December 2018, National Instruments launched a complete PXI-based software defined radio (SDR) platform, essentially a fully customizable mmWave 5G transceiver.

AV as a Service (AVaaS) Unified Audio Visual Solutions for Businesses Market - In-depth Research Report COVID-19 2027

AV as a service (AVaaS) - unified audio visual solutions for businesses are a comprehensive suite of audio visual services through cloud-based audio visual solutions. Earlier, audio visual solutions for businesses required bulky on-premise equipment and costly on-site management which increases the cost to business as well as hampers the operational efficiency of the business enterprise.
Adoption of AV as a service (AVaaS) - unified audio visual solutions for businesses is increasing specifically in small & medium size enterprises with the development of unified service on cloud within the business enterprise for communication. The shift in trend from on-premise to cloud based deployment has led to a drastic transformation in the ICT industry.
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Global AV as a Service (AVaaS) - Unified Audio Visual Solutions for Businesses Market - Dynamics

Increasing Number of Conference Rooms Specifically in Small & Medium Size Enterprises

Of the total enterprises across the globe in terms of size, small & medium size enterprise holds nearly 95%. Strong adoption of conference rooms as well as meeting rooms specifically in small & medium size enterprises is seen. Demand for AV as a Service (AVaaS) - unified audio visual solutions is increasing with the increasing adoption of conference rooms and need for communication globally.

Increasing Scope of HD Video Communication

A huge shift is seen in communication methods in the past few years. Initially, telephones/landlines were used for communication. Increased adoption of cellular networks has led to wide-spread adoption of wireless audio communication. The current scenario has witnessed drastic increase in adoption of video communication. Originally, all the components used in audio- video communication were deployed on the premises.  Demand for AV as a Service (AVaaS) - unified audio visual solutions has increased across the globe due to increasing concerns about costing and deployment.

Legacy Platform Hampering the Growth of AV as a Service (AVaaS) - Unified Audio Visual Solutions for Businesses Market

One of the major restraints of the AV as a Service (AVaaS) - unified audio visual solutions for businesses market is integration of the solution with the old legacy system of companies (specifically in the Asia Pacific region).  Companies need to transform their system infrastructure to maintain the compatibility with the AV as a service (AVaaS) - unified audio visual solutions for businesses. Total transformation could slow down the growth of a company in terms of revenue for the period in which the system transformation takes place and this would restrain the deployment of AV as a service (AVaaS) - unified audio visual solutions for businesses.

North America Expected to Dominate the Global AV as a Service (AVaaS) - Unified Audio Visual Solutions for Businesses Market

In terms of region, the global AV as a service (AVaaS) - unified audio visual solutions for businesses market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the global AV as a service (AVaaS) - unified audio visual solutions for businesses market during the forecast period, due to developed network infrastructure in North America compared to other regions.
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Global AV as a Service (AVaaS) - Unified Audio Visual Solutions for Businesses Market – Competitive Landscape

  • In June 2019, Solutionz Inc. acquired Judge Audio Visual Solutions which is a division of The Judge Group. This would help the company to strengthen its position specifically in A/V and unified communication systems in Northeast America.
  • In January 2019, AMX SVSI network media solution was deployed at The University of Southern Queensland (USQ) to create flexible teaching spaces leveraging the University’s standard network infrastructure.

Next-Gen Video Codecs Market Trends and Developments COVID-19 2027

The development of next-gen video codecs was done on the basis of high efficiency video coding (HEVC). Next-gen video codecs is the evolution of the basic building blocks that were already used in HEVC and various other codecs earlier. Primarily, next-gen video codecs is a hybrid, block based video coding standard within which most of the technologies are based on high efficiency video coding (HEVC).
Next-gen video codecs has the ability to predict rectangular blocks with chroma prediction whereas HVEC can only predict the square block. This has enhanced the video viewing experience of the end-user.
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Global Next-Gen Video Codecs Market - Dynamics

Rising Demand for Better Video Viewing Experience

Demand for ultra high quality and better video viewing experience has increased across the globe. Demand for 4K and ultra HD smart television has increased extensively. Players such as Amazon Prime, Netflix, and Youtube are integrating next-gen video codecs technology on their platforms so that the video viewing experience can be improved and enhanced. The rising demand for better picture and video quality is driving the growth of the next-gen video codecs market.

Rising Demand for Better Video Experience in Data-Strapped Locations

Next-gen video codecs has the ability to ensure that the high quality data can be transferred with less consumption as compared to advanced video coding AVC. Next-gen video codecs has the ability to stream high-quality video. Next-gen video codecs can push 720p at less than 1.5Mbps.  With high efficiency the demand for the next-gen video codecs is rising.

Improper Network Infrastructure Hampering the Growth of the Next-Gen Video Codecs Market

Substantial demand for better viewing experiences necessitates standard network infrastructure. Many Southeast Asian countries, African countries, and South American countries lag behind due to poor network infrastructure, which do not even meet the basic global standards. This could hamper the growth of the next-gen video codecs market.

North America Expected to Dominate the Global Next-Gen Video Codecs Market

In terms of region, the global next-gen video codecs market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the global next-gen video codecs market during the forecast period, due to strongest network infrastructure as compared to other regions.
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Global Next-Gen Video Codecs Market - Competitive Landscape

  • In July 2019, a new real-time high-quality AV1 encoder for video collaboration was launched by Cisco Systems Inc. which reduces bandwidth when it comes to video conferencing and improves the latency issue in viewing.
  • In March 2018, Alliance for Open Media (AOM) launched AV1 which is a next generation video codecs. AV1 has the ability to enhance the coding efficiency to improve the video quality for consumers.

Radio Streaming Services Market Demand and Key Players size COVID-19 2027

  • Radio streaming services are radio hosting services that enable radio through a server, and listeners can tune in and listen to the radio on the internet.
  • A radio server comprises the radio server software and the hardware located in the server or data center. The data center requires expertise connection to specialized high-speed networks, and the hosting provider has to pay to maintain them.
  • When a listener tunes to the radio via radio streaming service, the information has to pass from server to the streaming provider, then through some other networks, via several internet exchange points.
  • Web radio is hosted on servers which can then be accessed by listeners irrespective of time or location; this is the biggest advantage of radio streaming services.
  • Radio streaming services are gaining popularity as radio stations are limited to a specific region or country. Users can listen to a radio of any country or region with the help of stream hosting service.  

Advance features for management and operations drives the radio streaming services market

  • Radio streaming services have a management console which helps to manage the three service types: Shoutcast, Icecast, and Streamcast as per requirement.
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Some radio streaming services also provide in-house stream management consoles.
  • The servers and the sites are secured with SSL in order to protect it from any intrusion.
  • Auto DJ mode is also supported by the radio streaming service by enabling auto DJ servers.
  • Auto DJ is a program installed on a server that enables uploading of music autonomously.

High latency issues might restrain the radio streaming services market

  • Latency represents the time taken for a request to get transferred to the server and information back.
  • If radio streaming service from Europe is streamed by a user in North America, packets of information have to travel to and from the user’s location to the server location.
  • It might take extra time for packets to make a round trip to Europe compared to streaming from a radio server located in North America.
  • High latency causes buffering in a radio stream. When the radio player buffers, it stops playing music, as it waits to receive enough audio to resume playback.
  • This is expected to cause hindrance in the growth of the radio streaming services market.

Social Media Payment Solution Market - Latest Trends, Demand and Analysis 2027

  • Social media is in a continuous state of advancement. Although it’s early purpose was to help connect with friends or other individuals, now it serves as a popular mode to transfer and receive money as well, called “social payment.”
  • Social media payment solution provides a mode to transfer money by using applications such as Google Wallet, Paytm, etc.
  • Payment through social media trends was initially popularized by PayPal, and other solution providers have meanwhile made their versions, such as Snapcash, Venmo, Google Wallet, Twitter Buy, and Apple Pay. Social media payment solutions are valuable tools for individuals as well as for enterprises. They can either create their proprietary apps or use existing services.
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Adoption and proliferation of immediate payments worldwide: Prominent driving factor of the social media payment solution market

  • Demand for social media payment solutions is increasing worldwide. Social media payment solutions allow end-users to make immediate payment by using a mobile phone. Deployment of immediate payment technologies is constantly rising worldwide owing to increasing digital currency and e-commerce activity. This is also a major driving factor which is estimated to enhance the immediate payment technologies market during the forecast period.
  • For example, consumers are exponentially deploying immediate payment technologies owing to 24/7 access to transfer payment functionality through smartphones, instant money visibility, prolonged access channels, and security solutions.
  • Moreover, rising deployment of immediate payment technologies that comprises the usage of mobile wallets, has led to the access of cashless system into the payment scenario. These factors are significantly driving the growth of the social media payment solution market.

Low consumer interest in picking new technology expected to significantly hamper the social media payment solution market

  • Consumer interest is one of the crucial factors which is expected to hamper the growth of the social media payment solution market worldwide. This is mainly due to the lack of awareness of immediate mobile payment services specifically in developing regions such as South Africa. Therefore, low consumer interest in picking new technology is expected to significantly hamper the social media payment solution market.
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North America to hold major share of the global social media payment solution market

  • In terms of region, the global social media payment solution market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • North America is anticipated to account for major share of the global social media payment solution market during the forecast period due to growing adoption of advanced payment technologies, indicating potential growth of the social media payment solution market in this region. Europe is estimated to be the second largest market for social media payment solutions from 2019 to 2027. Government-led initiatives for a cashless economy is likely to drive the social media payment solution market in the region.
  • Asia Pacific is projected to be a rapidly expanding region of the global social media payment solution market during the forecast period due to growing adoption of smart appliances and increasing mobile data usage which is expected to increase the adoption of social media payment solutions in the region.

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