Friday, 19 June 2020

IoT Platform Market Trends And Global Forecast By Regions

  June 19, 2020    No comments
Significant rise in the electronic devices such as laptops, mobiles, wearable fitness devices, automotive telematics units, industrial control systems, and drone units that has increased the demand for advanced networks. Preference for IoT platform market has increased largely, as they are cross-device compatible, scalable, and offer ready-to-use features to fasten the development of applications for connected devices. Moreover, with rising demand for data storage over cloud has further increased the demand for IoT platform.
Recently, Transparency Market Research (TMR) conducted a research on the global IoT platform market to analysis the growth prospects in this market. Based on the company’s report, the global IoT platform market is projected to rise at staggering CAGR of 21.0% over the period of eight years from 2017 to 2025. In terms of revenue, the market is expected to generate approximately US$ 10 billion by the end of 2025. The incremental opportunity in the market is about US$ 8.3 billion, which is giving huge platform for the players and stakeholders to grow and prosper.
Leading players providing IoT platform solution are focusing on research and development activities mainly to improve the quality of the product and provide services at a lower cost. They are also engaged in expanding product line by using advanced technology and innovation. These strategies are expected to help them in establishing a strong foothold in the market. Reaching out to newer geographies and expansion through mergers and acquisition are few other major areas players in heavily investing in. For example, SAP recently extended its business presence in Vienna, Austria. This came after the companies like ZS Associates Inc. and Owens-Illinois Inc. chosen SAP's HANA Cloud Platform for meeting their IT requirements and digitally transforming for cloud services.
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In the TMR’s report, prominent players in the global IoT platform market are considered that included Oracle Corporation, Salesforce.com, Inc., IBM Corporation, Microsoft Corporation, General Electric, Cisco Systems, Inc., SAP SE, and Google Inc.
Rising Preference for Wearable Technology to Pave Way for IoT Platform
Recently, the trend for wearable devices has grown significantly and large number of people are in favor of using these devices. Rising use of wearable devices has made IoT an integral part of our lives. Sensing technology used in wearable devices helps in establishing a strong connection with big data and cloud. Wearable technology also helps in establishing a strong connection by linking to a third party and then providing tailored and customized services. Apple, Nike, Google, Samsung, Motorola, and Johnson & Johnson are the prime players that introduced wearable devices for example, Samsung smart watch and Apple iWatch.
Relating with the current trend, demand for smart devices along with associated technologies is expected to grow substantially in the near future. ultra-low power processors, low-cost, accuracy, low-power wireless connectivity, and ultra-low power mobile sensors are some of the major features of these devices. Moreover, multiple advantages of wearable devices such as facility of health tracker, safety, fitness, and interactions further expanded its demand. Pertaining to all these factors the demand in the IoT platform market is projected to rise considerably.
Newer Growth Prospects Seen in Asia Pacific Due to Rapid Digitalization
Countries in Asia Pacific region are witnessing drastic change due to rapid adoption of digitalization in almost all the sectors. High economic development and increasing investment in smart cities are major factors that lead the demand in the Asia Pacific IoT platform market. China, Japan, and Australia are the major countries where digitalization is rising significantly, therefore, these countries are considered key region for the growth in the IoT platform market in the coming years.
The study presented here is based on a report by Transparency Market Research (TMR) titled “IoT Platform Market (Deployment - On-premise and Cloud; Application - Inventory Management, Human Capital Management, Customer Service, Enterprise Performance Management, Supply Chain Management, Infrastructure Management, Security, and Asset Performance Management; Industry Verticals - Retail, Healthcare, BFSI, Oil and Gas, Transportation and Logistics, Manufacturing, Government and Defense, Energy, Education, and Hospitality) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025”.
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Mobile Edge Computing (MEC) Market By Trends, Share and Company Overview

  June 19, 2020    No comments
The global mobile edge computing (MEC) market is led by numerous titans in the field which are coming up with advanced software and hardware solutions helping them to easily gain a competitive edge above the others, states Transparency Market Research (TMR) in its latest research report.
Some of the leading companies within the global mobile edge computing market are Huawei Technologies Co., Ltd., IBM Corporation, Integrated Device Technology, Inc., PeerApp Ltd., Nokia Corporation, Intel Corporation, ADLINK Technology Inc., Juniper Networks, Inc., Saguna Networks Ltd., ZTE Corporation, Vasona Networks, Inc., and SpiderCloud Wireless, Inc. The market is dynamic in nature characterized by high competitiveness. Market players are investing extensively in cutting-edge technology to stay ahead of the game. Players are constantly looking for developing effective solutions in order to cater to the different requirements of end-use companies.
According to TMR, the global mobile edge computing (MEC) market will expand at a whopping 51% CAGR from 2017 to 2025 to be worth US$4228.3 mn by 2025. On the basis of component, the hardware segment accounted for a massive share of 80% of the total market in 2016. The entire mobile edge computing architecture is comprised of different hardware such as servers, routers, processors, and switchers, therefore it is not surprising that the hardware segment is leading and will continue to do so in the years to come. 
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Europe to Continue to Lead in MEC Market Boosted by High Uptake of IoT Devices
On the basis of geography, Europe is leading in the market accounting for 43.5% of the market in 2016 on account of the rising usage of data as well as growing adoption of devices which make use of the Internet of Things, thereby boosting the uptake of mobile edge computing. It is anticipated that Europe will witness and expansion of 42.8% CAGR between 2017 and 2025. As North America is home to several hardware and software manufacturers, this region will also be a key market for mobile edge computing. Promising growth can also be expected in the Middle East, South America, and Asia Pacific on account of the rising number of mobile subscribers and increasing number of IoT devices.
Low Latency Networks Needed for Entertainment and Media Behind High Demand for MEC
According to the lead author of this report, “the low latency networks required for entertainment and media purpose is one of the key factors bringing about the phenomenal growth of the global mobile edge computing market. Mobile edge computing helps boost and hasten the distribution of media services by delivering the content straight from the base station thereby improving consumer experience. MEC allows administrators to adapt to high traffic and improve network efficiency as well as service quality. This is anticipated to be the key reason behind the growing popularity of mobile edge computing technology.
Rising Number of Automated Cars to Drive Growth Prospects of MEC Market
Some of the other factors fuelling the growth of this market include the increasing number of automated cars, rising number of IoT devices, increasing application of this technology on account of its features such as high quality experience, high content delivery, and low latency will continue to drive the growth prospects of the global mobile edge computing market.
This review is based on TMR’s report titled, “Mobile Edge Computing (MEC) Market (Component - Hardware, Software (Video Analytics, Location Services, IoT, Data Caching, and Connected Vehicles), and Service (Consulting, System Integration, and Maintenance); Industry Vertical - Media & Entertainment, Retail, Healthcare, IT & Telecom, and BFSI; Technology - 4G, 5G, and Wi-Max) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 - 2025.”
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Smart Locks Market Trends, Insights and Forecast 2024

  June 19, 2020    No comments
According to a recent report compiled by Transparency Market Research (TMR), the competitive landscape of the global smart locks market is prognosticated to show notable growth owing to the expansion of telecommunication networks and mobile computing devices. The market is estimated to expand at a remarkable rate within the next few years due to the surging focus towards investments of building smart city infrastructure that has aided the entire development of the smart locks market at a global level.
Major players of the global smart lock market are Assa Abloy Group, Honeywell International Inc., Home Inc., Assa Abloy Group, Panasonic Corp., and Samsung SDS Co. Ltd. Major companies are investing huge amount of money into research and development activities in order to bring forth the progress of product development in the market.
As per the TMR report, the global smart locks market is predicted to be worth US$ 1.01 bn between 2016 and 2024. The CAGR is estimated to be 18.30% by the end of 2024. Based on categorization by product type, the deadbolt segment is projected to hold large share in the global market owing to high product durability and low installation costs of the products. From a geographical perspective, North America is estimated to be holding a 33.6% share in the market with Europe competing closely.
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Asia Pacific to Accelerate Market Growth with Cost Efficiency and Technological Advancement
With the increasing prevalence of crime rates day by day, people all across the world are more concerned about safety and security at a personal level. The global smart lock market is being driven by factors like technological advancement and the rise in the number of crime rates. Moreover, the extensive usage of smartphone in the past few years have also fueled the smart lock market.
On the basis of geographical segmentation, the global smart locks market is categorized into the regions of North America, Asia Pacific, Middle East and Africa, Europe, and South America. Currently the market is dominated by North America and Europe. However, Asia Pacific may be anticipated to witness a rapid growth due to the emerging market especially in the emerging nations of India, Japan, South Korea and China.
Smart Home Facilities to Offer Lucrative Growth Opportunities for Market
Another important factor accelerating the development of smart locks market is the reduction in cloud infrastructure as well as mobile broadband cost. The increasing escalation of cost-efficient,  technologically advanced, and smart mobile computing devices, IoT solutions, Mobile technologies around the world is likely to bring lucrative opportunities in the growth and development of the smart lock market in the world.
With the introduction of smart homes, the need for smart locks has also increased due to the tight security preference of people these days. The low cost of universal mobile broadband and cloud infrastructure is likely to encourage end users to monitor and control any kind of device efficiently irrespective of whether it is smart lock or a smart thermostat. With the implementation of smart locks, one does not have to go hunting fir keys in order to open doors. Smartphones will do the needful.
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Customer Communication Management (CCM) Market by Trends and Growth

  June 19, 2020    No comments
A latest report by Transparency Market Research on global customer communication management market states that progressive adoption of customer communication management systems in it and telecom industries drive growth of the market. The strategy allowbusinesses to derive customer interactions to enhance sales, and thisis the major reason augmenting the market’s growth.These systems are defined as advanced versions of enterprise content management systems. They are developed to enhance the customers' convergence from output management technologies and documents composition and generation. Moreover, these opportunities are also expected to drive the growth of the global customer communication management market with 10.9% CAGR.
This software uses wide spectrum of communication channels like smartphone, web-pages, SMS, print, and customer self-service to automate and simplify business procedures that are associated with documentations to boost the performance efficiency of the business.
Software Suites to Anticipated Account For 46.9% Share
Looking at the various options currently available, the market is segmented into managed services, software suites, and platforms that are to be integrated. In the projected timeframe, software suites segment is expected to dominate the market. The suite comprises various platforms and functional attributes that lower the time consumption of stakeholders, thus enhancing their productivity. As a result, corporates are implementing these suites into their businesses driving growth in the customer communication management market.
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The segment is anticipated account for 46.9% share of the total market in coming years. With the growing number of enterprises across the globe, the incorporation of customer communication management software suites has grown exponentially. The number of growing businesses is expected to propel growth of the software suites segment in the global customer communication management market.
Progressive Demand for Multifarious Communication Channels Drives the Growth
Communication with the customer has become an integral part of a business. This aspect is dynamically driven by ground-breaking communication channels. The innovations in communication industries in last few years and growing knowledge about the benefits have lured organizations to implement them in their business processes.
The organizations are keenly towards application of multifarious communication channels to mark their presence in the market. The technology has empowered the businesses to connect with customers at any point in time. As a result, the application of these technologies is expected to accelerate the growth of global customer communication management market.
North America Emerge as Dominant Region
Over the years, U.S. has remained early adopters of latest technologies. Following the trend the country has maximum number of corporates using customized customer communication management systems rendering the dominance of North America in customer communication management market. Moreover, current players in the U.S. market enjoy a strong presence and do not provide much scope for the new players.
In order to withstand the competition of the market, leading players of the customer communication management market offer variety of customized solutions. They are achieving notable position in the market by developing solutions as per the requirement of their clients.
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Global Positioning Systems (GPS) Market Revenue and Prominent Key Players to 2026

  June 19, 2020    No comments
The global GPS market is said to have come a long way in a span of few decades. GPS finds usage in a wide scope of civilian applications; however, in some instances, it could be primarily restricted to defense and military applications. Companies operating in the market could also leverage demand for GPS in a substantial count of industrial applications, which are expected to continue to increase at an aggressive rate. Among important end-use industries for GPS could be aerospace, transportation, farming, and construction. Even in geology, GPS is raking in massive demand due to its use for various purposes. For instance, GPS measurements are used to monitor volcano Kilauea’s lava flows and eruptions in Hawaii.
The global GPS market could see a segregation as per application and product. In terms of product, there could be segments such as aviation systems, GPS cameras, automotive systems, marine systems, and GPS-enabled mobile phones.
The report offered here is a comprehensive account of the global GPS market with key focus on growth factors, growth restraints, and trends and opportunities. It also sheds light on the nature of the vendor landscape and how the competition could shape in the near term.
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Global Positioning System (GPS) Market: Trends and Opportunities
End-use industries for GPS are observed to make use of the technology for reducing operational cost and improving efficiency. GPS is preinstalled in smartphones to help users guide through unknown locations. Even passenger vehicles today are equipped with built-in GPS system. Taking into account such crucial advantages of GPS, players are expected to come across new application areas to cash in on. GPS is also used to improve response time in emergency situations across a vast array of industries. This helps to increase safety of resources in remote locations.
However, stringent regulatory policies raising licensing concerns are envisaged to hamper growth of the world GPS market. Nonetheless, it could be said that GPS is gaining colossal demand across the globe with rising adoption of 4G and other high-speed mobile data technologies.
Global Positioning System (GPS) Market: Geographical Analysis
During the forecast period 2018-2026, North America is prognosticated to continue its lead in the international GPS market. In the recent past, the region has already demonstrated its dominance over the market mainly due to swelling demand for top-end navigation and rising use of advanced technology. More or less, the same growth factors are predicted to work in the favor of the regional market for the next few years.
Asia Pacific is foretold to trail North America while showing a steep increase in growth because of surging use of smartphone in South Korea and China. Owing to the availability of high-end military applications, demand for GPS is envisioned to grow considerably in Europe.
Global Positioning System (GPS) Market: Companies Mentioned
In order to take advantage of lucrative opportunities in the cellular phone industry, GPS vendors are prophesied to shake hands with smartphone manufacturers. With a view to add customer value to their services and improve accuracy, vendors could largely focus on research and development. Some of the leading names of the international GPS market are Avidyne Corporation, FEI-Zyfer, and Furuno Electronics.
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Video Surveillance Market Growth Forecast - Global Industry Outlook

  June 19, 2020    No comments
The Asia-Pacific video surveillance market has grown significantly owing to its increasing use in the field of security and law enforcement to reduce the crime rate in countries of the region. The research report documents the use of video surveillance in various sectors and their growing popularity and importance.
 
Segmenting the overall market in Asia-Pacific on the basis of type, the main categories are software, and network video recorders (NVRs), cameras, servers, and digital video recorders (DVRs). On the basis of end users, the industry is categorized into retail, education, business services, transportation, manufacturing, and financial services. Each segment is analyzed in great depth in the market report, identifying strong and weak areas of operation, and suggesting growth opportunities for the same. Geographically dividing the market into India, China, Malaysia, Japan, South Korea, Singapore, Thailand, Taiwan, and others, the report explores the key regions and their contribution and market share in the overall industry. Emerging countries and their scope for expansion or growth are also analyzed, together with the major drivers and challenges. 
 
Overview of the Asia-Pacific video surveillance market
 
The market for video surveillance has made tremendous progress in Asia-Pacific as its applications have widened over the years. Technological advances have enabled the use of video surveillance at reduced costs and with minimum infrastructure requirement. Growing awareness regarding the need for electronic surveillance, coupled with rising utilization of cloud services is expected to fuel the market. 
 
With the rise in crime rate in Asia-Pacific countries, surveillance solutions have changed the security conditions remarkably. Central and state governments have stepped up efforts and investments in the area, encouraging innovations. The availability of new megapixel solutions has also greatly contributed to the growth of the market.
 
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Markets in China have matured greatly owing to the popularity of cloud services in the telecom sector. Cloud-based video surveillance has been attracting a large number of suppliers owing to improvements in network bandwidth and decline in prices.
 
With competitors vying for a larger market share, product innovations have crept into the industry. Use of a thermographic camera in CCTV installations has enhanced video footage significantly, enabling 24 hour surveillance, even in the dark. A superior-quality 360 degree or 180 degree panoramic view camera has also taken the world by storm. Vendors are constantly trying to up their game, leading to a rapid growth of the Asia-Pacific video surveillance market.
 
On the other hand, factors that inhibit the growth include damage of cameras and surveillance hardware, data protection and privacy, and lack of uniformity within the industry.
 
 
Companies mentioned in the research report 
 
The key market players that dominate the Asia-Pacific video surveillance market include Milestone Systems, Bosch Security Systems, Axis Communications, GE Security, Mobotix AG, March Networks Corporation, GeoVision Inc., Sony Corporation, Vivotek Inc., DvTel, Iomniscient, Panasonic Corporation, , Pelco Inc., and Honeywell. 
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Internet of Vehicle Market Detailed Analysis And Forecast To 2026

  June 19, 2020    No comments
The internet of vehicle (IoV) market offers a platform for smart infrastructure including IoT enabled vehicles, traffic management and cities. The internet of vehicle market encompasses hardware, software, and communication services which aim at bringing together vehicles, drivers, and traffic flow in a seamless manner. In the near future, vehicles would be able to connect to adjacent vehicles and smart city infrastructure such as poles via internet. Advancements in automobile related IoT devices as well as cloud platforms are expected to unveil the complete potential of the internet of vehicle market.
The internet of vehicle market faces a long road ahead in its quest to unify the scope and concepts of IoV from various diverse perspectives. Hence, private and public initiatives around the world are essential to be considered from a nationwide perspective to help the growth of the market.  
The Transparency Market Research (TMR) report provides an intelligent analysis of the global internet of vehicle market, which includes an in-depth analysis of growth indicators and demand constraints that could influence its growth. Key market parameters such as demand drivers and challenges of the global internet of vehicle market are discussed at length in this report. 
Global Internet of Vehicle Market: Key Trends 
The global internet of vehicle market will create ample opportunities for vehicles to connect with humans, sensors, and traffic management systems. However, in order to do so, next-generation vehicles would require a vehicular global ID, also known as GID. The ID opens a communication gateway to identify a vehicle and interact with it seamlessly. It works similar to an IP address on a computer. One of the primary concern driving the internet of vehicle market is traffic management and reduction in road accidents. As GIDs are expected to improve secure communication for vehicles, it is expected to register major growth during the forecast period (2018 – 2026).     
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Furthermore, Wi-Fi-enabled IoT devices and automobiles are also expected to drive the market during the forecast period. Wi-Fi signals can establish connection with a server under one-tenth of a second. Moreover, Wi-Fi operation does not mandate devices to rely on batteries. Hence, the global internet of vehicle market is expected to witness a rise in demand for Wi-Fi enabled-devices.     
Similarly, demand for IoT devices that transfer signals quickly, reduce data loss, and provide access to cost-effective cloud storage is expected to drive growth of the internet of vehicle market.  
The internet of vehicle market also faces challenges in its long road ahead. Lack of a holistic understanding of the bigger picture, high costs associated with IoT devices, and innovation in general are expected to pose a challenge to the growth of the market.  
Global Internet of Vehicle Market: Regional Outlook 
The internet of vehicle market in North America is expected to grow significantly during the forecast period. Establishment of large vendors in the region, large investments in research and development, and positive reception by the US government presents an ideal environment for growth for the internet of vehicle market.
The internet of vehicle market in Asia Pacific is expected to register promising growth during 2018 - 2026. The increasing sales of automobiles, growing interest in IoT devices and a rapidly growing IT industry in large economies such as India and China are expected to drive the internet of vehicle market. 
Global Internet of Vehicle Market: Competitive Dynamics 
The global internet of vehicle market continues to see innovation led by key players. Some of the prominent players in the internet of vehicle market are Ford Motor Co., Texas Instruments Inc., Audi AG, Intel Corporation, SAP, and NXP semiconductors.
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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 ...