Friday, 19 June 2020

Anti-drone Market Segments And Size In The Global Market To 2027

  June 19, 2020    No comments
According to a new market study by Transparency Market Research (TMR), amidst a large pool of large- and small-sized players, the global anti-drone market is witnessing a highly dynamic and competitive vendor landscape. Market players are focused on innovations to surge ahead in this competitive market, says the study. Moreover, multiple startups are entering the market with their innovative ideas, due to which market competition is likely to intensify and small players are projected to capture market share of major players in the near future.
Some prominent companies operating in the global anti-drone market are DRONESHIELD, Blighter Surveillance Systems Ltd., Theiss UAV Solutions LLC, Lockheed Martin Corporation, Dedrone Detect Inc., Boeing Co., and SAAB A.B.
As per the TMR research study, the global anti-drone market is projected to reach value of ~US$ 1.8 Bn by 2027 from US$ 315 Mn in 2018. This indicates a significant CAGR of ~20%, in terms of revenue, during the forecast period i.e. from 2019 to 2027. Among end uses, government and military segments hold a leading share of the global anti-drone market. The military segment is expected to expand at the most rapid pace during the forecast period. Among drone types, the neutralizing system segment held the maximum market share in 2018. Amongst regions, North America is anticipated to dominate the global anti-drone market, with the market in the region expanding at a significant CAGR between 2019 and 2027. In terms of growth rate, Asia Pacific is estimated to closely follow North America, between 2019 and 2027. India and China witness considerable demand for anti-drone systems, primarily for defense use.
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Measures to Combat Border Infiltration for Civilian Safety Boosts Market
Across the world, measures are being taken to combat security threat posed by unmanned aerial systems (UASs) and unmanned aerial vehicles (UAVs). This is primarily driving the deployment of anti-drone systems. Defense forces and border security agencies are gearing up to prevent contingencies that can occur due to UAVs or UASs. Anti-drone systems can track, locate, and detect UAVs from a certain distance and act so as to prevent harm to civilian life.
Rapid technological advancements and competition among product manufacturers have led to a significant drop in prices of UAVs and UASs. This, in turn, has increased their adoption among several end-users. Apart from use of UAVs for military applications, for which they were originally developed, they are increasingly being used to cause damage and disturbance to civilian life. This has necessitated the use of anti-drone systems to combat such mishaps, especially in war-torn nations such as Syria, Iraq, and countries in Africa.
Another key factor promoting growth of the global anti-drone market is commercialization of technologies for the development of anti-drone systems. Local players are developing their own versions of anti-drone technologies for commercial use, although they are not as destructive as those developed for defense use.
Need for Prolonged Government Clearances for Deployment of Anti-drone Systems Limits Adoption
On the flip side, however, strict government mandates for deployment of anti-drone systems and high initial capital investments required for setup of anti-drone manufacturing units are key challenges for the global anti-drone market.
The review presented is based on findings of a TMR report titled ‘Anti-drone Market (Type: Detection System [Radar Based, Passive Optics, Active Optics, Acoustics, and RF Emissions] and Neutralizing System [Jamming, Interception, Drone Rifles, Drone Capture Nets, and Laser]; and End-use: Government, Military, Airfields, Buildings, Power Stations, and Fuel Storage) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.’
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Mobile Cobots Market Future Scenario

  June 19, 2020    No comments
According to a new market research report, published by Transparency Market Research, the mobile cobots market is expected to reach US$ 4,472.53 Mn by 2026, expanding at a CAGR of 33.4% from 2018 to 2026. According to the report, the mobile cobots market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, Asia Pacific is projected to lead the global market during the forecast period. The market in the region is likely to expand at a CAGR of 35.9% from 2018 to 2026. South Korea and Japan are expected to be major contributors to the mobile cobots market in Asia Pacific during the forecast period.
Inclination toward Industrial Automation
A mobile cobot (mobile collaborative robot) is an intelligent, transportable robot that can assist humans in a shared workspace. Mobile cobots are moving platforms wherein cobots are mounted on mobile robots. These are automated machines. It is an emerging technology that is capable of moving within a set environment. Apart from the manufacturing industry, mobile cobots are used for research and exploration. Currently, use of mobile robots has extended to the industrial sector. In the recent years, there has been a significant rise in the demand for industrial robots in the automotive sector. This can be attributed to increasing customer demand for customization in their cars.
Unlike industrial robots, collaborative robots are not dedicated to only a single task. Hence, manufacturers are now switching to collaborative robots. Inclination toward industrial automation is acting as a driver of the mobile cobots market. Robots have been utilized in industries for a long time. They have made the human work easier by running large industrial settings. Robots in factories have typically been large, caged devices that perform repetitive, dangerous tasks in place of humans. Moreover, rising labor costs in developing economies, mostly in material handling industries, are driving the demand for cobots. This is primarily due to economic growth of industrialized countries.
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Global Mobile Cobots Market: Scope of Report  
The global mobile cobots market has been broadly segmented in terms of weight capacity, application, end-use industry, and geography. Based on weight capacity, the market has been segregated into 1 to 3 kg, 3 to 5 kg, and 5 to 10 kg. Among these, the 3 to 5 kg segment accounted for a major share of more than 50.0%, in terms of revenue, in 2017. The segment is anticipated to expand at a CAGR of 33.5% during the forecast period. In order to fulfill the global demand, various manufacturers of mobile cobots are currently focusing on research and development activities in order to invent advanced applications of mobile cobots.
Cobots are gaining popularity among manufacturing companies and different industries. The primary factor boosting the global mobile cobots market is decline in costs of collaborative robots over the last few years. Upfront costs of cobots are 20% of those of traditional robots with an average payback period as short as six to eight months. Also, installation of cobots requires minimal investments and time.
In terms of application, the mobile cobots market has been classified into shelf units, conveyor belts, automated pallet forks, robotic arms, and safety units. In terms of revenue, the robotic arms segment accounted for a major market share of more than 40% in 2017 and it is anticipated to expand at a CAGR of 33.6% during the forecast period.
As per TMR analysis, in 2017, Asia Pacific accounted for the maximum i.e. more than 30% share of the global market, in terms of both revenue and volume. The Asia Pacific mobile cobots market is primarily driven by increased investments in modernization of infrastructure and continuously rising number of manufacturing facilities in the region, especially in developing economies such as South Korea and India. The mobile cobots market in Asia Pacific is expected to witness further innovations and advancements in the near future, as several leading manufacturers are investing in research and development activities. Furthermore, the rising demand for electronic products and increasing need to automate production in the region are driving factors for the market in Asia Pacific.
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Intelligent Transport System (ITS) Market Opportunities & Forecast To 2027

  June 19, 2020    No comments
  • The global intelligent transportation system market is anticipated to expand at a CAGR of 12.9% between 2019 and 2027
  • Intelligent transportation system (ITS) is majorly preferred for traffic management. Therefore, the traffic management segment held a major share of the market, as it presently has higher penetration. It accounted for 30.80% share of the market in 2018; however, the other segments are expected to challenge this segment during the forecast period.
  • Advanced Traffic Management System (ATMS) was a major segment of the intelligent transportation system market, and it held 40.22% share of the global intelligent transportation system market in 2018.
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Key Drivers and Restraints of Global Intelligent Transport System Market

  • Wireless technologies employed in the intelligent transportation system are evolving consistently to improve the interoperability and reliability of transportation networks. Wireless communication technologies are improving regularly to boost the application of intelligent transportation system, irrespective of the distance traveled by the vehicle.
  • Demand for intelligent transportation system is increasing due to a rise in the number of vehicles on roads, which are facing increasing issues such as heavy traffic and accidents. Consequently, governments of various countries are adopting the intelligent transportation system to reduce the impact of such problems. These are the key factors driving the intelligent transportation system market.
  • Wireless communication technologies are used for diverse applications in the intelligent transportation system including electronic toll charging (ETC), vehicle navigation systems, and other advanced traveler information systems.
  • A new technology introduced was the 5.9 MHz DSRC system, which can be used to improve the performance and efficiency of toll systems on highways. Europe has incorporated the ETC technology on its highways.
  • Standardization and continuous development of the DSRC technology are expected to increase its applications in the field of V2X communication systems to reduce accidents and improve road safety
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Global Intelligent Transport System Market: Segmentation

  • The global Intelligent Transport System market has been segmented based on type, application, , and geography 
  • Based on type, the advanced transportation management systems (ATMS) segment held a prominent share of the intelligent transportation system market. The ATMS segment is expected to maintain its position in the market; however, it is expected to be challenged by other segments, which can hamper its share in the market. ATMS has been the dominant segment of the market in the last few years due to an increase in demand for traffic management solutions, particularly for adaptive signaling systems, across the globe. Highway operators worldwide are installing electronic toll charging systems, which would reduce the traffic at toll centers.
  • The advanced public transportation segment is projected to expand at a rapid pace during the forecast period. Various public transport operators are focused on investing in dynamic display systems and electronic fare collection systems.
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Vehicle Roadside Assistance Market Trends, Analysis And Forecasts To 2027

  June 19, 2020    No comments
Vehicle roadside assistance refers to a service helping the driver of a vehicle during the breakdown of the vehicle. Vehicle roadside assistance solutions provide on-site help to the owners or drivers with basic support. This basic support comprises misplaced or lost keys (lockout service), flat tire support, on-site minor mechanical and electrical repair, fuel delivery service, and battery jump start. It is simply an effort by professionals of the automotive industry to solve minor issues of a vehicle during a breakdown. The global vehicle roadside assistance market is expected to observe rapid growth due to increased production of automobiles all over the world.
Some of the key companies mentioned in the this report on global vehicle roadside assistance market comprise TVS Auto Assist India Limited, Falck A/S, Allianz Global Assistance, Twenty Four OTR Pvt Ltd, Viking Assistance Group AS, Good Sam Enterprise, LLC, ARC Europe SA, and SOS International A/S.
Utilizing extensive research methods, Transparency Market Research presents an all-inclusive study on the global vehicle roadside assistance market, for the period 2019 to 2027. The report estimates that the global vehicle roadside assistance market is likely to register growth at 4% CAGR.
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Europe to Emerge as a Prominent Region over the Forecast Timeframe, from 2019 to2027
The global vehicle roadside assistance market is segmented into the principal regions of North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific. Considering region-based segmentation of the global vehicle roadside assistance market, it is likely that Asia Pacific is going to emerge as highly lucrative region during the timeframe of assessment, from 2019 to 2027.
The vehicle roadside assistance market is likely to observe considerable growth in Europe as well. There has a substantial rise in sales and vehicle registrations in Europe. With the increased number of automotives plying on the road, more breakdown could be observed, which is likely to stimulate growth of the Europe vehicle roadside assistance market during the tenure of assessment.
Apart increased sales of vehicles, extremely cold climatic conditions coupled with easy availability of such services on the roads of Europe, it is likely that market will register robust growth in forthcoming years.
Rise in Aging Automotive Stimulates Growth of the Market
A considerable rise in the aging automotive, which is more likely to witness breakdown on the roadways is expected to support growth of the global vehicle roadside assistance market in forthcoming years. Aging vehicles are prone to witness frequent mechanical and electrical problems and are more likely to demand this service. Furthermore, use of an app-driven services leads to quick response and minimization of response period for assistance. Such app-based services are likely to accelerate demand for vehicle roadside assistance solutions.
Increase in production of vehicles has resulted in road collisions and traffic jams, which has led to increased government effort to offer these services. This factor is likely to support expansion of the size of the global vehicle roadside assistance market in foreseeable future.
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Thursday, 18 June 2020

Data Protection as a Service (DPaaS) Market Top Companies

  June 18, 2020    No comments
The global data protection as a service (DPaaS) market was valued at US$ 6,716.8 Mn in 2017 and is expected to expand at a CAGR of 30.7% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Data Protection as a Service (DPaaS)Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” North America is expected to hold the dominant revenue share, with the market in the region expanding at a CAGR of above 25%. The global Data Protection as a Service (DPaaS) market is mainly driven by growing stringent government regulations for IT security and digitization within enterprises.
Growing stringent government regulationsand growing number of cyber security threats globally driving the market
With the growing popularity and adoption of cloud computing services, organizations of all sizes are looking to grab advanced cloud features in order to deliver highly scalable solutions and manage their operations. The rising demand for cost effectiveness and disaster recovery are currently identified as the key reasons for the growth of the DPaaS market across the globe. Additionally, demand for cloud computing services, such as Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) is paving the way for the DPaaS market.
The global Data Protection as a Service (DPaaS) market is currently challenged by the lack of appropriate security tools and budget constraints for cloud users. Many organizations willing to back up their processes and systems on the cloud in the event of a disaster are faced with the complexities of doing so. The existing IT/system infrastructure of organizations is too complex to be replicated onto the cloud and at later stages, becomes too difficult to be retrieved.
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Growing adoption of hybrid cloud solutions playing a crucial role in the expansion of the market
The Data Protection as a Service (DPaaS) market can be segmented based on deployment model, services, enterprise size, industry, and region. The deployment model segment is classified into public cloud, private cloud, and hybrid cloud. The services segment includes Disaster Recovery as a Service (DRaaS), Backup as a Service (BaaS), and Storage as a Service (STaaS). The enterprise segment includes large enterprises and small & medium enterprises (SMEs).
The industry segment includes BFSI, Telecom & IT, government & public sector, healthcare, retail, energy & utilities, manufacturing, and others (aerospace & defense, travel & hospitality). Hybrid cloud is predicted to be the fastest growing segment of the DPaaS market. The segment is expected to emerge as a key milestone on the roadmap of IT as more enterprises plan to make it a part of their IT strategy.
North America dominance of the Data Protection as a Service (DPaaS) market projected to continue
In terms of geography, the Data Protection as a Service (DPaaS) market is segmented into five regions namely, North America, South America, Middle East &Africa, Asia Pacific, and Europe. Among these, North America is expected to hold a major share of above 40% of the market, in terms of revenue, by 2026. This growth is due to the increasing digitization within enterprises, and growing stringent government regulations in the region. However, the market in Asia Pacific is expected to grow at the highest CAGR during the forecast period.
Major players operating in the global Data Protection as a Service (DPaaS) market include Amazon Web Services, Inc., Dell EMC, Commvault Systems, Inc., Quantum Corporation, Asigra, Inc., Veritas Technologies, Acronis International GmbH, International Business Machines Corporation, Hewlett Packard Enterprise Company, and Carbonite, Inc. These players are focusing on acquisitions and new strategic collaborations in order to increase their market share in the global Data Protection as a Service (DPaaS) market.
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Industrial Cyber Security Solutions and Services Market to Exhibit Rapid Surge in Consumption in the COVID-19 Crisis

  June 18, 2020    No comments
The global market for industrial cybersecurity solutions and services has witnessed a steady influx of new players and a vast rise in investments from large and well-established players in the past few years, observes Transparency Market Research in a recent report. The steady rise in demand for effective cybersecurity solutions and services across a number of industries is expected to lead to promising growth prospects for vendors operating in the market in the next few years.
The market is expected to see a significant surge in research and development activities aimed at the development of innovative products from companies focusing on strengthening their hold on the market. Some of the leading companies in the market are Symantec, IBM, and Cisco.
According to the report, the global industrial cybersecurity solutions and services market will rise to a revenue opportunity of US$29.97 bn by 2026 from a valuation of US$13.75 bn in 2017, clocking in an impressive CAGR of 9.2% over the period between 2018 and 2026.
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North America to Present Promising Growth Avenues
In terms of component, the report suggests that the segment of software solutions will account for the dominant share of revenue in the overall industrial cybersecurity solutions and services market over the forecast period. The segment of Ethernet switches in terms of the key hardware solutions employed in industrial cybersecurity setups is expected to account for the dominant share in market revenue over the forecast period.
Geographically, the market in North America is envisaged to emerge as the leading revenue contributor to the global market, expanding at an impressive 8.4% CAGR from 2018 to 2026. Rapidly industrialized emerging economies across Asia Pacific are also expected to lead to a promising demand for industrial cybersecurity solutions and services over the forecast period.
Increased Use of Industrial Control Systems in Industries Leads to Surge in Demand for Cybersecurity Solutions and Services Globally
Demand for cyber security solutions and services is rapidly growing around the globe chiefly owing to the increased vulnerability of industries with a large number of connected devices, machines, industrial control systems, and network components to malware attacks and data breaches. Other factors such as the vast surge in adoption of cloud-based solutions and applications, policies such as and bring your own device (BYOD), which are employed with the intension of improving work culture across small and large organizations, and an increased awareness regarding the threat to business data to the consecutive rise in data access points are also expected to work in favor of the market.
However, the market could face roadblocks in the form of lack of awareness regarding the need for effective cybersecurity solutions for the safety of critical business data, especially across a number of underdeveloped economies, and the high cost of these solutions. Nevertheless, factors such as the vast rise in technical know-how across the globe, presence of a large number of companies in the market, and rising rate of digitization in industries are expected to present a vast set of new growth opportunities before the market.
This analysis of the global industrial cybersecurity solutions and services market is based on a recent market research report by Transparency Market Research, titled “Industrial Cybersecurity Solutions and Services Market (Component - Hardware Solutions, Software Solutions, and Services; Security Layer - Network Security, End-point Security, Cloud Security, Application Security, and Database Security and Web Security; End-use Industry - Process Industries and Discrete Industries) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026.”
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Connected Retail Market to Register Incremental Dollar Opportunity During COVID-19 Crisis

  June 18, 2020    No comments
A recent business and commerce publication by Transparency Market Research (TMR) has observed that the demand in the market for connected retail is expanding leaps and bounds and a number of players are connecting to the value chain. There are widespread possibilities with the growing field of the Internet of Things (IoT), paving a reliable mode of interaction between a company and its customers. The analysts of the report have evaluated that the global connected retail market was worth merely US$16.30 billion in 2016 and US$19.46 billion in 2017, but the future prospects are enormous with the valuation of the market estimated reach US$82.31 billion by the end of 2025. During the forecast period of 2017 to 2025, the demand in the global connected retail market is projected to increment at a phenomenal CAGR of 19.8%.
Product Innovation Paramount for Major Players to Maintain Leadership
“For the market leaders to stay ahead of the curve, product innovation is paramount,” suggests the lead analyst of the report. Nearly every major player of the global connected retail market are International vendors of technology and investment on the research and development of innovative products is their primary focus. However, there are strong possibilities of new entrants making a mark in this market too via niche approaches and hence, activities of mergers and acquisitions are highly anticipated in the near future.
The TMR report identifies Amazon Web Services Inc. (Seattle, U.S.), Google Inc. (U.S.), Microsoft Corporation (Washington, U.S.), Cisco Systems (San Jose, California), International Business Machines Corporation (IBM) (U.S.), Verizon (New York, United States), Belatrix Software (Redwood City, U.S), Softweb Solutions Inc. (Chicago, U.S), ARM Holdings PLC (Softbank Group) (Cambridge,U.K), SAP SE (Germany), Atmel Corporation (Microchip Technology Inc.) (California, U.S), Intel Corporation (Santa Clara, U.S), Zebra Technologies Corp. (U.S), Fujitsu Limited (Tokyo, Japan), NXP Semiconductors NV (Netherlands), and PTC Inc. (Massachusetts, U.S) as some of the key companies in the global connected retail market.
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Based on connectivity, the TMR business publication segments the connected retail market into Wi-Fi, Zigbee, Bluetooth, NFC, and others. On the basis of component, the market has been bifurcated into hardware and software. The market has been further categorized on the basis of end users into electronics and appliances, beauty, home and personal care, food and beverage, apparel footwear & accessories, home goods, sporting goods and toys, and others. Region-wise, North America is highlighted as the one that will provide the maximum demand throughout the forecast period, although the demand from Asia Pacific is primed to expand at most robust growth rate among all rgions.
Rapid Growth of Online Shopping Escalating Demand
The global connected retail market is mainly driven by the increasing adoption of the IoT across retail industries. Additionally, rapid growth in online shopping is another major driver of the market. The Internet of things (IoT) are focused upon innovation and are generating new opportunities by bringing consumers and every object into the digital realm. Application of the IoT in the retail industry will provide real-time insights from connected stores, combined with cognitive computing and rich data, which will transform the in-store experience and streamline the operations. The increasing penetration of smartphones has become the hub of interaction between customers and retailers.
Nowadays, retailers are focused upon exploring ways to connect with the customers in order to enhance the in-store experience. For instance, with location based beacon technology, retailers can connect with the customers when they enter the store. Departmental stores such as Hudson’s Bay and Lord and Taylor use Apple’s iBeacon technology and a mobile networking platform, which is called Swirl where they can send personalized promotions to the customers who download the app of that particular brand. However, the lack of IoT standards and issues regarding safety and privacy are expected to restrain the global connected retail market in the near future.
Key Takeaways:
  • Expanding possibilities with the IoT driving demand in the connected retail market.
  • Competitive landscape largely fragmented, although there are enough opportunities in product innovation that will lure even more technology players.
  • Privacy issues remain the primary restraint.
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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 ...