Thursday, 25 June 2020

Cryptocurrency Market Analysis and Forecast to 2025

  June 25, 2020    No comments
The growing popularity of digital currency has played an integral role in driving sales across the global cryptocurrency market. The use of digital ledgers and blockchain technology across the financial space has emerged as an important dynamic of market growth. Moreover, investments in various forms of cryptocurrency have led to market growth and maturity. Several industry analysts consider cryptocurrency as a lucrative digital currency that could revolutionize the area of transactions. The availability of digital ledgers floating across the cryptocurrency ecosystem has helped in reconciling the use of this currency. Considering the factors stated above, it is legit to believe that the global cryptocurrency market would gain momentum in the times of follow.
Transparency Market Research (TMR), in it report, predicts that the global cryptocurrency market would grow at a boisterous CAGR of 31.30% over the period between 2017 and 2025. The total value of the global cryptocurrency market is set to touch a soaring mark of US$6.7 bn by the end of 2025. The stellar growth of this market can be attributed to the fading popularity other currencies. Moreover, the quest to embrace digital currencies is impelled by the availability of blockchain technology and digital ledgers. Analysts in the cryptocurrency industry are making tall claims about the potential and feasibility of this technology.
China Emerges as an Innovator in the Domain of Digital Currency
China has been at the forefront of growth within the global cryptocurrency market. China and South Korea have made voluminous investments in cryptocurrency mining sites, and this is an important trend within the global market. Furthermore, ‘Ethereum’ is a known cryptocurrency giant that had once established its foothold in these countries. The impact of this past trend manifest in the stellar pace of growth within the regional cryptocurrency market. Several other countries are also expected to join the league of nations that mine cryptocurrency. This trend shall help in generating fresh revenues across the global cryptocurrency market. 
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Worldwide Popularity of Bitcoin
Bitcoin has been the most popular cryptocurrency across global markets. The relevance of bitcoin transactions in terms of security, utility, and asset creation has played to the advantage of the market. However, bitcoin miners still face the wrath of inspection authorities in regions where the currency has been banned. Furthermore, bitcoin has also been under flak for its humongous usage of electricity. The energy sector has advocated for bans and restrictions on mining of cryptocurrency in several regions. Despite these unfavourable factors, the global cryptocurrency market is growing at a stellar pace in recent times.
Some of the leading vendors operating in the global cryptocurrency market are Microsoft Corporation, NVIDIA Corporation, and Intel Corporation. Emergence of new cryptocurrencies other than bitcoin has played to the advantage of the leading market vendors.
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SCADA Market Key Players

  June 25, 2020    No comments
The demand within the global SCADA market is growing at a sturdy pace in recent times. Advancements in the domain of information and communication technology (ICT) have been the primary driver of demand within this market. Furthermore, the increasing need for data protection, management, and analysis has created fresh opportunities for growth within the global market. Therefore, SCADA systems are set to be inducted across various industrial verticals in the years to follow. A multitude of providers of ICT services have come the fore, and SCADA systems are an important component of their portfolio of offerings. 
Supervisory control and data acquisition (SCADA) systems help in analysing real-time data, and successively drawing key inferences from it. This is an important consideration for vendors looking to improve their digital game. The application of SCADA systems is not restricted to a particular sector or industry. The use of a supervisory node for managing and analysing data has become an undelayable feat in multiple organisations. Furthermore, use of SCAD technologies for wired as well as wireless connections increases their scope of applicability. It is can safety be concluded that, in this world of data-dependency, remote monitoring systems would become an important component of key organizations.
In a report published by Transparency Market Research (TMR), it is predicted that the global SCADA market for water and wastewater management would grow at a sturdy CAGR of 5.6% over the period 2015 and 2025. Furthermore, the total volume of the SCADA market is set to reach US$2,172.1 mn by the end of 2025, rising up from a value of US$1,267.4 mn in 2015.
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Importance of SCADA Systems in the Energy Sector
The unprecedented demand for processing real-time data in the energy sector has given a thrust to market growth. The energy sector is characterised by rapid technological growth and swift outlay. In this fast-moving scenario, it is important to have a remotely-controlled system for managing data within the industry. Furthermore, industrial applications and processes can be automated without much hassle through the use of SCADA technologies. Therefore, SCADA systems help companies, organizations, and industrial units in accelerating processes and improving their manufacturing capabilities.
Healthcare-IT Emerges as a Key Area of Operation
The importance of SCADA systems in the healthcare industry cannot be underestimated. Electronic health records (EHR) have become an important component of large healthcare centers and organizations. EHRs have imparted a sense of integrity and coherence to the way healthcare centers deal with patient data. Therefore, the use of SCADA for fortifying healthcare IT shall bring in key revenues within the global market. Besides, the demand for automating processes within healthcare has also generated fresh opportunities for market growth. Electricity companies, malls, healthcare centers, and process lines are some of the key end-users of SCADA.
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Mobile Point-of-Sale (mPOS) Market Future Trends 2025

  June 25, 2020    No comments
Innovative strategies are used by leading players operating in the global mobile point-of-sale market, observes Transparency Market Research. Competition among these players is also expected to rise mainly to strengthen their position in the global market. They are also expected to obstruct growth of small players. Moreover, prominent players are also using different organic and inorganic activities to get larger share and create their dominance among other players. For example, recently square and TouchBistro extended their collaborated to enable process payments. They used Square on the TouchBistro iPad mobile app across the UK. 
Other players are also taking substantial steps to increase their shareholding in the global mobile point-of-sale market. Oracle Corp., PAX Technology Ltd., Ingenico S.A., PayPal Holdings Inc., VeriFone Systems Inc., iZettle AB, and First Data Corp. 
According to TMR analysis, the global mobile point-of-sale market is expected to rise at staggering 35.40% CAGR over the forecast period between 2017 and 2025. In terms of valuation, the market is likely to touch US$47.7 bn by the end of 2025. In 2017, the market earned US$4.2 bn. 
Based on technology, the demand for EMV chip and pin, NFC, and hybrid technology solutions is comparatively high than others. This growth is attributed to the low cost of devices such as tablets, card swipe dongles, handheld terminals, as compared to cash and register systems. Moreover, higher rate of investment by using these technologies and ease of deployment led demand in these segments.
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With respect to geography, Europe held maximum share in the global mobile point-of-sale market in 2016. Over the forecast period, this region is likely to maintain to dominance. Growing demand for mPOS solution by vendors for merchant-related services and significant rise in IoT based services has further led demand in this market. However, Asia Pacific and North America are also expected to hold substantial share in the market in the forthcoming years. Bettering economic condition, urbanization, and growing confidence among customers in this solution is driving demand for mobile point-of-sale in these regions. 
Shift from Cash to Cashless Payment Driving Growth for Mobile Point-Of-Sale Solutions 
Increasing affordability and growing spending capacity of people has led demand in the global mobile point-of-sale market. Moreover, growing acceptance for newer and advanced technologies is also projected to drive demand in this market. Rising internet connectivity, high internet penetration, and high demand for IoT technologies is augmenting growth in the global mobile point-of-sale market. 
Application of mobile point-of-sale solutions is seen in restaurants, health care, retail, warehouse and distribution, hospitality, entrainment, government, and transportation sectors, which has augmented growth in the global mobile point-of-sale market.  Additionally, shift seen towards cashless payments due to the rise of online transactions and mobile point-of-sale solutions have further expanded the global mobile point-of-sale market. 
Unorganized Nature of Mobile Point-Of-Sale Solutions to Deter Prospects 
Though the demand in the global mobile point-of-sale market, some factors might deter growth in this market. Unorganized nature of mobile point-of-sale solutions especially in developing regions economies is expected to deter growth demand in the global mobile point-of-sale market. Moreover, high cost of deployment of mobile point-of-sale solutions in the industrial framework might refrain small businesspersons to easily adopt these solutions.                                                
These restraints might overcome due to high demand for smartphones in both developed and developing regions. Moreover, increasing use of these solutions in different industries is also expected to fuel growth in this market. 
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Gesture Recognition Market Challenges and Standardization to 2024

  June 25, 2020    No comments
The global gesture recognition is consolidated due to just few players operating in the market. These few players in the market include Google, Apple, Intel, and Microsoft, elucidates an upcoming Transparency Market Research (TMR) report. These key players in the market are always at a forefront to bring in technological advancement to introduce the latest product and diversify the global gesture recognition market. The small players at regional level are also spreading their wings by attracting large companies to invest in them. 
Rising technological advancement and automation is predicted to expand the gesture recognition market. The global gesture recognition market is predicted to expand at 16.2% CAGR over the projected period 2015 to 2024. Also, the same was registered value worth US$ 11. 60bn in 2015, at this robust pace of growth the global gesture recognition market is projected to reach estimation worth US$ 48.56 bn by the end of 2024. 
On the regional front, North America is expected to dominate the global gesture recognition market. The reason for growth can be attributed to the presence of latest technology and optoelectronic companies. Asia Pacific is expected to emerge as a strong region in the future.  On the basis of segmentation, the global gesture recognition market is divided into automotive, hospitality, gaming, and consumer electronics, in terms of end users. Among these, the consumer electronics sector is projected to lead the global gesture recognition market in the following years. 
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Rising Demand for Smart Electronic Products to Boost Growth 
In the era of digitalization, there is a rising demand for smart electronic products such as Ipad, tablets, mobile phones, smart tv’s, cameras, etc. In all these applications gesture recognition is used to make them user friendly and to access them effortlessly. Thus, the upswing of electronic goods due to increasing standard of living is projected to nudge the global gesture recognition market in the future. 
Rapid urbanization is raising the demand for latest technology to upkeep the pace in automated and technologically advanced world. Ever booming travel and hotel industry may increase the demand for gesture recognition for integrating them in hand dryers, faucets, shower, and flushes.  Thus, owing to the substantial expansion of the global gesture recognition market. 
Automated Homes to Create Growth Opportunities 
Homes are getting smarter these days with advent technological advancement at a fast pace. Now, let us get into future, soon the homes are going to be completely automated. The future technology is expected to take over all home devices to be controlled by gesture recognition. Such as switching on TV, lights, music systems, etc.  Thus, the future is expected to provide lucrative opportunities for gesture recognition, owing to expansion of the global gesture recognition  market in the future. 
Moreover, gesture recognitions are used in automobile industry for blind spot recognitions, parking assistance, etc. The demand for gesture recognition sensors from automobile industry is projected to surge the global gesture recognition market in the upcoming years. Further, gaming industry and corporate sector may boost demand, imagine the day when the P C can be controlled using just and fingers. Making presentation may no longer be a tedious task in the future. Thus, the global gesture market is likely to provide lot of potential in terms of future applications. 
High cost associated with implementation of the same and unpredictability to discover the correct user may restrain the growth in the global gesture recognition market. Nonetheless, growing research and development in this field is projected to provide substantial growth opportunities in the coming years. 
This review is based on the findings of a TMR report titled, “Gesture Recognition Market (Technology - Touch Based Gesture Recognition (Gyroscope, Accelerometer, Combo Sensor), Touchless Gesture Recognition (Ultrasonic (3D Gesture), Infrared 2D Array, Camera Solutions); Application - Automotive, Hospitality, Consumer Electronics, Gaming, Aerospace and Defense, Commercial Centers, Educational Hubs, Medical Centers) - Global Industry Analysis Size Share Growth Trends and Forecast 2016 – 2024.” 
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Impact of COVID-19 on Smart Textile Market

  June 25, 2020    No comments
The global smart textile market is highly consolidated, as the leading four players in the market held approx. 46% of the overall market in 2014. E.l. DuPont De Nemours and Co. held 20% of shares in the market; still, it faces strong competition from numerous small and medium-size specialty product-manufacturing companies. Some of the leading players in the market are Koninklijke Ten Cate N.V., E.l. DuPont De Nemours and Co., Texas Instruments Inc., and Gentherm Inc.
As per the TMR, the global smart textile market is estimated to attain a valuation of US$7.73 bn by the end of 2023 progressing from US$0.7 bn in 2014. The market is predicted to rise at an outstanding 30.8% CAGR during the forecast period 2015 to 2023.
Based on application, the military and defense sector led the global smart textile market by holding 28% of shares in terms of revenue in 2014. During the forecast period, military and defense sector is expected to rise at a healthy 28% CAGR and is expected to maintain its dominance in the global market. On the basis of geography, North America led the smart textile market in 2014 by holding 40% of the share in the global market. In terms of revenue, North America will lead the market, especially in the sports and fitness sector by expanding at 32% of CAGR. Europe held the second position in the global smart textile market by holding 30% of the shares in 2014.
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Rising Use of Wearable Technology to Boost Demand for Smart Textile
The growing preference for wearable technology such as sensors and other types of electronic devices are the key factors responsible for the growing demand for smart textiles. The rising use of wearable technology that is widely used in heart rate sensors and in various other sensors to check fitness will also act as a game changer for the smart textile market. Significant use of these technologies is expected to change the way personal health is monitored.
In addition, integration of wearable technology at a large scale and rapid advancements in the textile manufacturing are projected to revolutionize the global smart textile market in the near future. Some of the other factor factors contributing to the growth of this market are the increasing standard of living, rising disposable income, and growing spending in the medical technology and healthcare. Miniaturizing of electronic components, availability of sophisticated gadgets, and low cost of smart wireless sensors have grown the demand for smart textiles extensively and will augment the growth of the market in coming years.
High Cost of Smart Textile to Restrain Market Growth
Conversely, there are certain restraining factors that may hamper the market growth. The high cost and lack of appropriate standards and regulations to monitor may impede the flourishing smart textile market. The high cost affiliated with the smart textile will also restrict the wearable devices only to the high-end customers that may limit the growth of the market. However, these restraints are not expected to have a long-term impact due to the growing popularity of the smart wearable technologies, thus bringing high growth opportunities in the global smart textile market. In addition to that, increasing research and development activities and rising contribution by the key players and manufacturers will eventually address these issues.   
The information presented in this review is based on a TMR report, titled “Smart Textile Market (Function - Energy Harvesting, Thermoelectricity, Sensing, and Luminescent; Application - Healthcare, Entertainment, Sports and Fitness, Military and Defense, and Automotive) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023.”
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FPGA Market Competitive Landscape & Forecast To 2020

  June 25, 2020    No comments
A new report that has been presented by Transparency Market Research states that the global market for field programmable gate array (FPGA) is expected to grow at a rapid rate with a stiff competition. Technological advancements and innovations in this field are likely to encourage the growth of the global FPGA market throughout the forecast period. In addition to this, the rise in the number of strategic collaborations and partnerships and the development of new products are predicted to enhance the development of the market in the coming few years. The rising number of applications and the enhancements in the products offered are likely to push the growth of the FPGA market in the near future. The key players operating in the FPGA market across the globe are Altera Corporation, Microsemi Corporation, Xilinx Inc., and Lattice Semiconductor Corporation.
In 2013, the global market for FPGA stood at US$5,487.2 mn and is predicted to reach a value of US$9,734.4 mn by the end of 2020. The market is further predicted to register a strong growth rate throughout the forecast period. Previously, Asia Pacific led the global FPGA market and is estimated to remain dominant in the coming years. The rise in the contribution from South Korea, India, and China and the rapid development of the electronic industry are estimated to support the development of the Asia Pacific market in the near future.
Increasing Use of Internet of Things to Drive Global FPGA Market in Near Future
The rise in the demand for advanced driver assistance system is an important factor that is predicted to encourage the development of the global FPGA market over the forecast period. A substantial rise in the adoption of the Internet of Things is another factor that is likely to support the growth of the overall market in the coming few years. In addition to this, the increasing need for wireless communication is expected to offer immense growth opportunities for the market players across the globe.
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Furthermore, the key players in the global FPGA market are making investment for research and development activities, which is predicted to support the market growth and attract a large number of consumers in the coming few years. Moreover, the reduction in the time-to-market is likely to accelerate the growth throughout the forecast in the near future. These factors are likely to help the key players in expanding their product horizon, thus accelerating the market growth in the near future.
Lack of Standardized Verification Methods to Curb Market Growth
The global FPGA market, on the other hand, is projected to face several challenges, which are projected to restrict the growth of the market in the near future. The absence of standardized verification techniques and the incapability of FPGA to substitute the basic devices are likely to restrict the growth of the overall market throughout the forecast period. Nonetheless, the increasing use of FPGA in data centers is anticipated to propel the global FPGA market in the next few years.
This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “FPGA Market (Technology – SRAM, Flash, and Antifuse; Application – Consumer Electronics, Automotive, Industrial, Data Processing, Military and Aerospace, and Telecommunication) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020.”
Key Takeaways:
  • The global FPGA market is expected to gain traction with the rise in the demand for hybrid and electric vehicle across the globe.
  • The rise in the number of new players that are predicted to enter the market is estimated to enhance the market growth in the coming few years.
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Commercial Aircraft Health Monitoring Systems Market Research & Clinical Advancements by 2023

  June 25, 2020    No comments
Aircraft health monitoring systems are becoming increasingly standard as they are important for flight safety and timely maintenance. The increasing consideration for flight safety due to the increasing volume of air traffic is benefitting the global commercial aircraft health monitoring systems market. Aircraft health monitoring systems are made up of several functional units each of which is important to prevent costly component damage and/or catastrophic failure.
The health of the aircraft is significantly important, which determines the fate of airlines to a high degree. With the increasing number of commercial aircraft and flourishing travel and tourism industry, new aircraft projects are coming up. This presents growth opportunities for the global commercial aircraft health monitoring systems market.
Aircraft health monitoring systems are used for several types of aircraft, which include very large aircraft, narrow body aircraft, wide body aircraft, and regional aircraft. The report identifies the various aspects that describe how aircraft health monitoring systems are important for the safety of the various types of aircraft and the growth of the commercial aircraft industry.
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The research report provides a comprehensive analysis of growth drivers, challenges, trends, and opportunities that will impact the progression of the global commercial aircraft health monitoring systems market between 2015 and 2023. It presents current market size figures and current competitive landscape based on which these aspects are analyzed for the forecast period. Technological advancements and research and development initiatives underway are duly considered at the time of the making of the report.
The report analyzes the commercial aircraft health monitoring systems market from a competitive viewpoint as well. The report presents a detailed assessment of micro and macro factors essential for the existing market players as well as new entrants to understand the value chain analysis.
The report provides valuable insights to understand the key market segments and the changing competitive dynamics in the global commercial aircraft health monitoring systems market until the end of the forecast period in 2023. An array of graphical representations and tables are used in the report that depicts the growth analysis of the market pictorially as well as textually.
Global Commercial Aircraft Health Monitoring Systems Market: Drivers and Restraints
The increasing number of commercial aircraft, increasing volume of air traffic, and demand for safe aircraft are the major factors driving the commercial aircraft health monitoring systems market. However, factors such as lack of management and funding along with nullification of crash risks are challenging the market’s growth.
Global Commercial Aircraft Health Monitoring Systems Market: Regional Outlook
Some of the regions that are expected to present growth opportunities to the global commercial aircraft health monitoring systems market are North America, Europe, Asia Pacific, and Rest of the World. The economic growth and expanding aviation industry in BRICS nations is leading to an increased demand for commercial aircraft and is expected to surpass the demand in developed countries such as the U.S.
Major Companies Mentioned in Report
Some of the leading companies that have a significant presence in the global commercial aircraft health monitoring systems market are Bombardier, Airbus, Ventura Aerospace, EADS, AIRMAN, Infosys, and ASTYANAX among others. Each of the companies is profiled for their competitive attributes of recent developments, product portfolio and specification, financial standing, and SWOTs.
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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 ...