Yield Monitoring Devices and Services Market Growth Rate, Outlook and Forecast to 2021

Yield monitoring refers to monitoring several factors such as pesticides, effect of weather, soil properties, and fertilizers required for crop (yield) production. Yield monitoring is a part of precise agriculture which is a farming management concept for measuring, observing and responding to variations in the land and subsequently the yield/harvest. In order to implement proper management of crops that are sensitive to the location (climate and soil composition) and require precise farming, the farmers deploy yield monitoring techniques.

Yield monitoring devices and services enable the farmers to procure yield map of the land to accurately assess any variation in the yield from the existing land. The monitoring devices help the farmers to continuously record the flow of grains and harvester, and integrated the same with the harvest position in the land. This process is known as yield mapping. The position data and information of the yield is stored on storage devices and is further used to produce yield map of the land.

The yield monitoring devices and services market is primarily driven by the rising demand for cost saving and optimum energy consumption. The technological enhancement in the food and agriculture industry is further supporting the growth of this market. Additionally, the increasing population resulting in rise in food consumption is encouraging the farmers to adopt yield monitoring devices and services, so as optimize the production.

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Moreover, the government subsidies in the food and agriculture industry boost the growth of yield monitoring devices and services market. Yield monitoring devices and service market is expected to witness potential growth with the implementation of unmanned vehicles in the yield monitoring market. In addition, the deployment of communication network to procure the data over the internet from a remote location is further expected to support the growth in the coming years.

However, the lack of technical expertise and improper utilization of data generated for yield mapping is hindering the market growth. Additionally, the major challenge for the yield monitoring device manufacturing companies is to accurately calibrate the devices to provide precise results. Moreover, in spite of yield monitoring devices and services offering several advantages for precise agriculture, the high cost of implementation is a potential challenge for the farmers in countries such India, Indonesia and Brazil, which restricts large scale adoption across these emerging markets.

The yield monitoring device and services market is segmented on the basis of components used component and services, technology and applications. The applications segment comprise of crop reconnaissance, land mapping, soil monitoring and other variable rate applications such as seeding, weed control, fertilizer and lime. The technologies involved in yield monitoring market include global positioning systems (GPS), geographic information systems (GIS) and remote sensing. Moreover, there are several software solutions available in the market to manage the yield data and retrieve information from the same. In addition, some companies offer consulting service to the farmers for precise farming and implementation of yield monitoring devices.

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On the basis of geography, the major revenue contribution to the yield monitoring devices and services market is from North American countries followed by European countries. However, with technical advancement and government support, the Asia Pacific region is expected to emerge as attractive market for yield monitoring devices and services. The major players in the market are AGCO Corporation, Ag Leader Technology, Case IH, Raven Industries Inc., Precision Planting Inc., Topcon Positioning Systems, Inc., AgJunction Inc., Deere & Company, Trimble Navigation Limited (U.S.) and TeeJet Technologies.

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Electronic Toll Collection Market Future Demand With Profiling Eminent Players

A toll road, also known as a tollway or turnpike, is a private or public roadway for which a fee is accessed for passage. Frequently, these toll booths cause traffic delays during rush hours for the toll collection process. This is mainly due to manual operations, which are not only more prone to errors, they are also considerably slower than automated methods. This factor has given birth to electronic toll collection system, which swiftly eliminates the manual operations by toll payers and receivers. As several developed and developing economies across the world invest and adopt new technology, the reflection is quite apparent on the adoption of these electronic toll collection systems. Consequently, the global market for electronic toll collection is projected for a double digit growth rate during the forecast period of 2016 to 2024.

This report on global electronic toll collection market is a thorough study with in-depth analysis of the factors that are expected to influence the growth rate, positively or negatively, and presents a figurative estimation of the future. One of the key feature of this report is the section on player profiles, wherein it analyses some of the top vendors for their product portfolio and margin, geographical presence, and strategies for future development.

The global electronic toll collection market can be segmented on the basis of products, technology, application, and geography. By product, the market can be divided into cameras, communication systems, transponders, antennae, treadles, scanning devices, inductive loops, weigh-in-motion devices, film storage devices, and other devices. Some of the subsystems of electronic toll collection are automatic vehicle identification (AVI), automatic vehicle classification (AVC), back office and integration, and violation enforcement system (VES).

By technology, the market can be divided into dedicated short-range communications (DSRC), radio-frequency identification (RFID), video analytics, global positioning system (GPS), and global navigation satellite system (GNSS). The report observes that DSRC and RFID are currently the most in-demand technologies while GPS and GNSS are anticipated to experience higher growth rate during the forecast period. By application, the market for electronic toll collection can be segmented into highway and urban bridges. 

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Electronic Toll Collection Market: Trends and Opportunities

Need to save time is the primary driver for this market. However, the push by several governments for cashless travel facilities is further fueling the demand, especially in India which has a second maximum landscape of toll roads in the world and a vast number of commuters. The need to minimize congestion and fast toll transaction is another factor prompting the adoption. Conversely, factors such as high initial installation cost and the dependency on government approvals is expected to hinder the growth rate. However, the overall market for electronic toll collection is expected to continue demand to meet the requirement for an improved, safe, and secure infrastructure.

Electronic Toll Collection Market: Region-wise Outlook

Geographically, the report studies the regional markets for electronic toll collection in North America, Europe, Asia Pacific, and rest of the world. Currently, the country-wide markets of U.S., Canada, and Mexico make North America the most lucrative region, though Asia Pacific is too primed for a strong growth rate, owing to increased demand from countries such as India, Singapore, Philippines, Hong Kong, and Malaysia.

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Companies mentioned in the research report

Key players in the global electronic toll collection market include Honeywell International, Inc., Transtoll Pty Ltd., Transurban, Transcore Holdings, Inc., TRMI Systems Integration, Toll Collect GmbH, Sensor Dynamics, 3M, Xerox Corporation, Connect East, SAIC, EFKON, DENSO, Q-Free, Perceptics, Mitsubishi Heavy Industries, Ltd., Thales Group, and Kapsch TrafficCom AG. These vendors own significant market shares due to their wide range of solutions, such as software services and system integration and toll system operations.

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Microwave Transmission Equipment Market Revenue, Top Companies Analysis and 2025

Microwaves are electromagnetic waves having wavelengths between the range of one millimeter (mm) to 1000 mm and frequency between the ranges of 300 megahertz (MHz) to 300 gigahertz (GHz). The frequencies are generally classified based on the Institute of Electrical and Electronics Engineers (IEEE) radar band designations, namely S band, C band, X band and K band among others. Microwaves have relatively smaller wavelength, when compared to regular radio waves. Microwave communication is similar to radio communication and consists of data transmission wirelessly. Transmissions of microwaves are done with the aid of various types of equipment such as antennas, multiplexers, modulators, transmitters and receivers among others.

Microwave transmissions are mostly done for point-to-point communication links. The higher range of microwaves often gets absorbed by the atmospheric gases and hence leads to relatively low communication distances. Additionally, microwaves don’t diffract around obstructions or reflect from the earth’s atmosphere. Hence these microwave transmission equipment are designed for various different types of communications modes.

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Microwaves are also utilized in the healthcare industry, where the microwave transmission equipment are different in nature. Modern microwave transmission equipment offers several new features such as better channel capacity, owing to higher packet compression, higher number of topology support, and scalable multichannel microwave links among others.

Microwave transmission equipment market is primarily being driven by their growing application for communications, in telecommunications and aerospace sectors. Microwave can be utilized for point-to-point communication links, radar, satellite communication, and remote sensing among others. Such applications have been promoting the growth of the microwave transmission equipment market.

Additionally, the higher penetration of internet and growing demand for high speed internet has also been instrumental in the demand growth for microwave transmission equipment. Currently, the huge growth in demand for 4G internet has been instrumental in the growing demand for these equipment in emerging economies. Furthermore, the growing demand for industrial and home automation has also been strongly supporting the growth of the microwave transmission equipment market.

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However, the huge growth in demand for internet and internet of things (IOT) connected devices is not efficiently supported by the traditional microwave-based networks. While modern microwave transmission equipment can efficiently support such demand, compatibility issues with the legacy systems has been the major restraining factor for higher adoption of these equipment. This in turn has been restraining the growth of the microwave transmission equipment market to some extent. Considering the penetration of advanced microwave transmission equipment, and higher adoption of such equipment, the market can be expected to grow at a very fast pace, during the forecast period, from 2017 – 2025.

On the basis of components, the microwave transmission equipment market has been segmented into antennas, indoor units, outdoor units, aggregation units, cable & accessories and others. By mounting type, the global market for microwave transmission equipment have been segmented into full indoor mounting, full outdoor mounting and split mount. Based on application of microwave transmission equipment, the market has been segmented into cellular communication, satellite communication, radio communication, radar, satellite communication and others.

The global market for microwave transmission equipment, by region, has been segmented into five major regions. They are North America, Europe, Asia Pacific (APAC), South America and Middle-East & Africa (MEA). Asia Pacific had the largest market share in 2016, owing to factors such as high penetration of internet, huge growth of telecommunications industry and strong growth of telecommunication infrastructure among others.

The major companies of the microwave transmission equipment market globally are Nokia Corporation (Finland), Ericsson AB (Sweden), Anritsu Electric Corporation (Japan), Huawei Technologies Co., Ltd. (China), NEC Corporation (Japan), Dragonwave, Inc. (Canada), Giga-tronics Incorporated (The U.S.) and Ogier Electronics (The U.K.) among various other companies.

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Optical Wafer Inspection Systems Market Demand, Revenue and Forecast to 2025

Optical wafer inspection system is a type of equipment which is used for the purpose of inspecting the wafers during the processing of semiconductor like depositioning, removing, patterning, and after that modification to find out the fault in semiconductor. This equipment is also used for the purpose of doing semiconductor wafer related research. Continuously growing demand for different applications of the semiconductor ICs in different end user segments like automobile, consumer electronics and the industrial sector is actually encouraging different manufacturers to increase its production, which will in turn increase the demand for the optical wafer inspection equipment’s.

For the purpose of in detail analysis, the Optical Wafer Inspection Systems market can be categorized on the basis of product type, application and geography. Based on product type, the market can be classified into two types like dark field inspection and bright field inspection. In the optical microscopy, dark-field is used to describe an illumination technology. Bright field inspection helps to provide the highest sensitivity to defect of interest on all types of memory layers. Moreover, the report also provides the cross sectional analysis of all the above mentioned segment across different regions such as North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Increasing demand of the application of the Semiconductor ICs in consumer electronics, automobile and the industrial sector which uses high quality electronic devices across different parts of the globe which triggers the requirement of optical wafer inspection in different semiconductor circuits. Since the semiconductor industry is growing at a rapid pace and it is extending its production volume, there should be a huge need for more optical wafer inspection systems during the forecast period from 2017-2025.

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Asia Pacific being the major consumer of different types of semiconductor devices, the optical wafer industry in this region will see huge growth in the coming few years. In addition, The growth in the adoption of telecommunication devices and the consumer electronic equipment’s like PCs, smartphones, wearable devices, LCDs, LEDs, and the SSDs have led to the high requirements for the superior quality of semiconductors like silicon-based wafer. This in turn is also expected to drive the market of optical wafer inspection systems in a positive manner during the forecast period from 2017-2025.

Factors restraining the factors like high operating cost of optical wafer inspection system and difficulty to find defect on an embedded chips. This in turn is also expected to hinder the demand of optical wafer inspection systems when different semiconductor manufacturers restrain their manufacturing because of the high quantity of left off stock.

By product type, the bright field inspection held the largest market share in 2015 owing to its quality to provide the world’s first laser diode-based, three-dimensional capability in the semiconductor segment. However, the dark-field inspection is expected to experience a decent growing rate during the forecast period of 2017-2025.

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Geographically, the Optical Wafer System Equipment market is being majorly driven by Asia Pacific region. The main purpose behind this region’s supremacy is due to the presence of major semiconductor foundries in this region and the growing demand of consumer electronics industry such as smart phones, tablet and television set among others. Moreover, in terms of volume growth also, this region is also expected to dominate the market during the forecast period owing to the presence of large number of semiconductor manufacturers in countries such as Japan, Taiwan and South Korea among others.

Some of the leading players operating in the Optical Wafer Inspection Systems market includes Applied Materials (The U.S), ASML Holdings (Netherlands), KLA-Tencor (The U.S), Tokyo Seimitsu (Japan) and JEOL, Ltd (Japan) among others.

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Refurbished Computers and Laptops Market: Growth Opportunities to Tap into in 2020-2027

According to a new market report pertaining to the global refurbished computers and laptops market published by Transparency Market Research the global refurbished computers and laptops market is projected to reach a value of ~US$ 4.9 Bn by 2027. The refurbished computers and laptops market is projected to expand at a CAGR of ~11% from 2019 to 2027. Growth of the market can be attributed to the increase in e-waste dumping and growing demand for affordable laptops and PCs.

The refurbished computers and laptops market in Europe is anticipated to grow at a CAGR of ~12% during the forecast period. Moreover, Europe is expected to hold a leading share of the global refurbished computers and laptops market, followed by Asia Pacific. In terms of type, the laptop segment of the refurbished computers and laptops market was valued at ~US$ 922 Mn in 2017 and is expected to reach ~US$ 3.1 Bn by 2027, expanding at a CAGR of 13.6% during the forecast period.

• Increase in e-waste dumping and growing demand for affordable laptops and PCs According to the International Solid Waste Association (ISWA), every year, approximately 44.7 metric tons of e-waste is generated. Among the total e-waste, only 20% can be reused or recycled based on their condition. Increase in e-waste generated by the IT sector offers significant opportunities for refurbishing. IT companies are expected to submit their e-waste to OEMs for recycling or for refurbishment for internal office use.

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• Rise in demand for refurbished devices from ITES and IT sectors

Increase in the number of BPOs and call centers have a positive impact on the PC business. ITES and IT companies require a large number of computers and laptops. Several new BPO and call center startups are unable to afford new computer systems; these companies prefer refurbished devices as a cost-effective solution. Expansion of the IT and contact center industry in Asia Pacific and Europe offers significant opportunities for PC makers and refurbishers. Refurbished systems are available at a low cost. Moreover, OEMs offer extended warranty on devices and components.

Refurbished Computers and Laptops Market: Segmentation

The global refurbished computers and laptops market has been segmented based on type, distribution channel, end user, and region. Based on type, the refurbished computers and laptops market has been bifurcated into computers and laptops, where the computers segment has been sub-segmented into PCs and workstations. The laptops segment has been sub-divided into notebooks and Ultrabooks. Based on distribution channel, the refurbished computers and laptops market has been segmented into OEMs, distributors, and online. In terms of end user, the refurbished computers and laptops market can be segmented into enterprise (small and medium enterprise and large enterprise), educational institute, government, and personal. 

Refurbished Computers and Laptops Market: Regional Outlook

In terms of region, the global refurbished computers and laptops market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe is expected to dominate the refurbished computers and laptops market during the forecast period. The refurbished computers and laptops market in Asia Pacific, North America, and South America is expected to expand at a significant rate during the forecast period.

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The report provides in-depth segment analysis of the global refurbished computers and laptops market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which hold growth opportunities or account for significant shares has also been included as part of regional analysis of the refurbished computers and laptops market. 

Refurbished Computers and Laptops Market: Key Players

The research study includes profiles of leading companies operating in the global refurbished computers and laptops market. Key players profiled in the report include ASUSTeK Computer Inc., Reboot Systems, Dell Technologies Inc., Apple Inc., IBM Corporation, Samsung Electronics Co., Ltd., Amazon.com, Inc., HP INC., Acer Inc., and Lenovo. 

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Personality Assessment Solutions Market by Consumption Volume, Rising Trends and Growth Forecast to 2027

According to a new market report pertaining to the global personality assessment solutions market published by Transparency Market Research  the global personality assessment solutions market is projected to reach a value of ~US$ 6.5 Bn by 2027. The global personality assessment solutions market is projected to expand at a CAGR of ~14% from 2019 to 2027.

Over the forecast period, Asia Pacific is anticipated to grow rapidly in the personality assessment solutions market. In terms of share, the personality assessment solutions market is dominated by Europe, followed by North America. In the personality assessment solutions market, the outsourced segment was valued at ~US$ 1.3 Bn in 2018, and is expected to reach ~US$ 4 Bn by 2027, expanding at a CAGR of ~14% during the forecast period.

Proliferation of SaaS-based Solutions

The cloud-based deployment of personality assessment solutions has gained traction. This is primarily due to the development of cloud infrastructure that has enabled the easy availability of cloud storage, along with affordable pricing. An analysis of on-going trends suggests a shift toward the adoption of SaaS-based personality assessment solutions. The high cost of hardware, software, and data center operations is divided among the customers by the vendor in the SaaS-based model, thus allowing customers to avail top-of-the-line infrastructure at a fraction of the initial cost. SaaS technology helps consolidate various HRM solutions under one single package.

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Personality Assessment Solutions Market: Regional Outlook

In terms of region, the global personality assessment solutions market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe is expected to dominate the personality assessment solutions market during the forecast period.

he Asia Pacific market is expected to expand with the highest CAGR, with China and India being the major markets in the region. The personality assessment solutions markets in the Middle East & Africa, Europe, and South America are also expected to expand rapidly during the forecast period.

The report provides in-depth segment analysis of the global personality assessment solutions market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries that hold growth opportunities or account for significant shares has also been included as part of the geographic analysis of the personality assessment solutions market.

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Personality Assessment Solutions Market: Competition Dynamics

The research study includes the profiles of leading companies operating in the global personality assessment solutions market. Key players profiled in the report include Hogan Assessment Systems Inc., Persona Labs, SHL, Criteria Corp., Traitify, Inc., Sigma Assessment Systems Inc., Aon plc., Development Dimensions International, Inc., and TTI Success Insights.

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Algorithmic Trading Market: Top Trends to Look for in 2020-2026

Algorithmic trading refers to a process of execution of orders through pre-programmed and automated trading instructions. It is done to account for variables like volume, timing, and price. An algorithm refers to a set of directions that is used for solution of problems. Computer algorithms send out small portions of the entire order to the market in time.

The growth of the global algorithmic trading market is majorly driven by increased demand for effective, reliable, and fast order execution. It also helps in the reduced cost of transaction, rising demand for surveillance of the market. Increased government regulations are another significant factor estimated to boost the market.

Thomson Reuters Corporation, Argo Software Engineering, Inc., MetaQuotes Software Corp., Kuberre Systems, Symphony Fintech Solutions Pvt. Ltd, and Tata Consulting Services are few of the key companies profiled in the global algorithmic trading market.

Driven by Increased Investment in Trading Technologies to Drive Growth in North America

Considering regional segmentation, North America is estimated to account for a leading share of the global algorithmic trading market during the tenure of forecast, from 2018 to 2026. The expansion of the region id ascribed to the rapid development and adoption of the algorithm trading procedure. The increased investment in various trading technologies like blockchain, growing support of government for global trading, and increased presence of several vendors in the region are likely to encourage growth of the global algorithmic trading market.

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Asia Pacific is likely to come up as a rapidly growing region. The growth of the region is mainly due to huge investment in public and private sector made for improvement of trading technologies. This has led to the augmented demand for algorithmic trading solutions for the automation of trading process.

Demand from the Financial Services Sector is Likely to Spell Growth for the Market

In the financial services sector, coming up of algorithms and artificial intelligence coupled with rising demand for surveillance of the market are likely to steer growth of the global algorithmic trading market in years to come. Demand for algorithmic trading solutions and artificial intelligence in the sector of financial services has been rising constantly. This is likely to lead to the development of the global algorithmic trading market.

In addition, there has been a rise in the adoption of non-equity trading algorithms by asset managers, which is likely to escalate the demand for artificial intelligence in the sector of financial services across the globe. Increased demand for artificial intelligence is likely to boost the global algorithmic trading market. In addition, rising demand for surveillance of the market is likely to emerge as another prominent growth factor for the global algorithmic trading market in years to come. Traders are able to monitor their pattern of investment and trading activities with the help of market surveillance technology.

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The information shared in this review is based on a TMR report, bearing the title, “Algorithmic trading market (Component – Software, Services, and Professional Services; Trading Type – Forex, Stock Markets, Commodities, Bonds, and Cryptocurrency) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 to 2026”.

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Cloud Object Storage Solutions Market: Deep Company Profiling of Leading Players 2020-2026

Cloud object storage solutions is used for storing infinite amount of data, cost-efficiently. Object storage with metadata can be accessed by Hyper Text Transfer Protocol (HTTP), Hyper Text Transfer protocol secure (HTTPS), and application program interfaces (APIs). Cloud object storage solutions does not use directory tree for data storage. Separate units of objects exist at the same level in a storage pool. In cloud object storage solution each object has a unique, identifying name that an application uses to retrieve it.

Cloud object storage solutions is used for backup & data archiving and mobile & web applications. These solutions provide strong data security and data integrity. Cloud object storage solutions automatically replicates objects through multiple domains for high durability. This helps in storing unlimited objects per bucket for large amounts of unstructured data such as backups, logs, and videos. Cloud object storage solutions are designed to provide durability, availability, scalability, and security & compliance.

The global cloud object storage solutions market is primarily driven by increasing awareness about cost-effective cloud-based solutions to enterprises. Cloud-based solutions can be accessed easily and quickly by any device with a web browser. Additionally, growing expansion of managed and professional services is expected to boost the demand for cloud object storage solutions across the globe. Moreover, rise in adoption of technologies such as big data analytics, Internet of things, and cloud computing are driving the demand for cloud object storage solutions worldwide.

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Currently, rise in demand for technologically upgraded services by organizations is anticipated to boost the demand for cloud object storage solutions globally. Furthermore, increase in demand for data protection and security by enterprises is another key factor driving the global market. Cloud-based solutions provide data protection with server-side encryption. Moreover, rising need for fast data transfer increases the demand of cloud object storage globally. However, adoption of traditional object storage solutions by end-users restrains the cloud object storage solutions market.

The global cloud object storage solutions market can be segmented based on component, deployment, enterprise size, end-user, and region. In terms of component, the cloud object storage solutions market can be classified into software and services. The services segment can be further bifurcated into professional and maintenance. Based on deployment, the cloud object storage solutions market can be categorized into cloud-based and on-premises. The cloud segment can be sub-segmented into public, private, and hybrid. In terms of enterprise size, the cloud object storage solutions market can be divided into small & medium enterprises and large enterprises. In terms of end-user, the global cloud object storage solutions market can be segregated into banking, financial services & insurance (BFSI); IT & telecom; social media platforms, and others.

Based on region, the global cloud object storage solutions market can be split into Europe, North America, Middle East & Africa, South America, and Asia Pacific. The market in North America is estimated to expand at a substantial pace during the forecast period due to the increase in adoption of analytics by organization in cloud marketing platform in the region. Furthermore, adoption of advanced marketing techniques to enhance business is boosting the cloud object storage solution market in North America.

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The market in Asia Pacific is anticipated to expand significant pace during the forecast period. The region is estimated to create attractive opportunities in the cloud object storage solutions market in the near future. Factors such as increase in urbanization, industrial development, and advancement of technologies are propelling the demand for cloud object storage in the Asia Pacific.

Major players operating in the global cloud object storage solutions market include Dell EMC Corporation, Oracle Corporation, International Business Machines Corporation, Amazon Web Services, Inc., Hewlett-Packard Enterprise, Alibaba Cloud Computing Company, Cisco Systems, Hitachi Data Systems, Datadirect Networks, Netapp, Inc., Microsoft Corporation, and Google LLC.

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Enterprise Data Management Market Analysis, And Detailed Overview, and Forecast, 2021 – 2025

Enterprise Data Management (EDM) is an enterprise’s ability to effectively manage, integrate, disseminate, and create data for enterprise processes, entities, and applications requiring accurate and timely data delivery. EDM also addresses the concept of transmission of different datasets within applications and processes which rely on consumption of data sets to complete business transactions or processes. EDM addresses circumstances where users within an enterprise independently model, manage, store, and source data. Uncoordinated approaches can result in quality inconsistencies and data conflicts lowering the trustworthiness of data used for reporting and various operations.

EDM relates to how content gets integrated into applications as well as how the content is passed from one process to another. EDM removes organizational conflicts and issues resulting from mismanagement of data. It implements structured data delivery from data producer to data consumer. EDM comprises computing and network infrastructure, business logic and policies, and software applications used to manage enterprise data flow. Implementation of EDM requires collaboration between various departments such as finance, operations, and IT.

EDM solutions streamline business operations and also derive necessary conclusions from data. It also formulates strategy for business operations ensuring transparency in the overall enterprise system. Enterprise data management smoothens the flow of data and reduces cycle time for various tasks. This brings about efficiency and effectiveness in managing enterprises. By acting as a master data management platform, enterprise data management provides customer data which includes onboarding of new client data to integrate into internal systems of organizations.

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Enterprise data management solutions are gaining importance due to increased need for managing voluminous data generated in an organization on a daily basis. The need for framing data strategy to gain competitive and strategic advantage is driving the enterprise data management market. The amount of data generated and handled by organizations which they can use to their advantage is growing at a tremendous rate which places data management high on their agendas which is also driving the EDM market.

However, data address validation issues, data quality, and data silos are some of the restraining factors hindering the growth of the EDM market. On the other hand, EDM as a tool of taking competitive advantage is causing increasing adoption of enterprise data management by number of companies which is creating opportunities for the growth of the market. Moreover, proliferation of Big Data technology is also expected to help the EDM market grow during the forecast period.

The global enterprise data management market is segmented on the basis of component, deployment model, enterprise size, vertical, and region. In terms of component, the EDM market can be segmented into software and services. The software market is further segmented into data integration, data migration, data warehousing, data governance, master data management and others which include data quality, data security etc. The services market is classified into consulting services, training & support services, and operation and maintenance services. The EDM market is classified on the basis of deployment model into on-premise and cloud. In terms of enterprise size, the EDM market can be segmented into small & medium enterprises and large enterprises.

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On the basis of verticals, the market is classified into government, banking, financial services & insurance (BFSI), retail, healthcare, IT & telecom, manufacturing, energy & utilities, transportation & logistics and others. The market segments in terms of geographical regions are North America, Asia Pacific, Europe, Middle East &Africa (MEA), and South America.

Industry participants leading the enterprise data management market with the most significant developments are Accenture PLC, Informatica Corporation, SAS Institute Inc., Symantec Corporation, Teradata Corporation, IBM Corporation, Intel Security, Oracle Corporation, SAP SE, and Talend among others.

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Label Printing Machines Market to Witness Tremendous Growth in Forecasted Period 2021-2027

With increasing international trade and growing business and transportation across the globe has resulted in building and expanding various industries. A significant rise is seen in the printing industry with growing trade and advertisements. Increasing advertisements with growing numbers of companies and changing ways of communication has increased the demand for label printing and boosted growth in the global label printing machines market. Another significant factor that led in the growth of this market is related with the increasing pressure on manufacturers of cost-reduction for which they are investing in advanced label printing machines. This helps them in cost reduction and still maintains their prints, which will also benefit the growth in the global label printing machines market.

There are various other factors contributing in the growth of the global label printing machines market for which Transparency Market Research has published a report. In this report, all the factors influencing the market are thoroughly analyzed. Let’s take the example of revenue growth in the global label printing machines market, where the report states that by the end of 2027 the market may cross US$ 7.8billion. Over the forecast period between 2019 and 2027, CAGR is expected to be near 5%, which will assist in the market in gaining this revenue.

Extending Reach to Newer Regions – A Key Strategies Widely Used by Players

With high opportunity in this market along with high revenue generation prospects available in this market has encourage players to invest in various organic and inorganic business development strategies. Some of the prominent players operational in the global label printing machines market include Toshiba Tec Corporation, SATO Holdings Corporation, Zebra Technologies Corporation, Seiko Epson Corporation, Brother Industries, Ltd, Honeywell International, Inc., Brady Corporation, Citizen Group, and Shandong New Beiyang Information Technology Co., Ltd. (SNBC).

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Leading players in the global label printing machines market are taking stern steps in introducing new techniques to reduce increasing sales of counterfeit goods. Introduction of sophisticated security features onto product labels by leveraging barcodes and QR codes are being deployed that will allows customers to confirm the authenticity of the purchased goods.

Besides this, they are also investing in different strategies that will help them in getting higher share in against their competitors. Regional expansion is also one of the key strategy used by the players operating in this market. Tapping and establishing grounds in new regions is currently strategy that is widely accepted by number of players. This step will not only give them opportunity to grow in newer regions but will also benefit them in strengthening position in those regions.

Booming Industrial Sector Offering Higher Growth Opportunities in Asia Pacific Label Printing Machines Market

In terms of regional expansion and growth, Asia Pacific seems a very lucrative region where the global label printing machines market can grow significantly in the coming years. Booming industrial sector is a major reason for the growing demand for label printing machines in the region. Use of different innovative and advanced business development strategies has further triggered growth of label printing machines in Asia Pacific region.

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Moreover, advertising and labelling are very crucial aspects in most the sectors including food and beverages, pharmaceuticals, healthcare, and skin and personal care sector. In all these sectors, the demand for label printing machines has grown significantly for better promotion activities. With respect to country specific growth, Japan is likely to hold major share in the Asia Pacific label printing machines market.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Label Printing Machines Market (Print Mechanism: Thermal, Non-thermal; Color Support: Multicolor, Monochrome; Industry: Manufacturing, Packaging, Transportation & Logistics, Retail, Others (Research, Postal Services, Construction) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2027”.

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Point-of-Sale (POS) Terminal Market | Size, Share, COVID – 19 Outbreak and Forecast to 2030

The global point-of-sale (POS) terminal market is projected to reach US$ 184.2 Bn by 2030. The point-of-sale (POS) terminal market is projected to expand at a CAGR of ~11% from 2020 to 2030. The expansion of the point-of-sale (POS) terminal market can be attributed to the rise in demand for mobile POS terminals, and enhanced customer experience and low total cost of ownership (TCO) compared to conventional channels of payment. North America is anticipated to lead the global point-of-sale (POS) terminal market in terms of revenue, followed by Europe, during the forecast period.

Small Businesses Hold Potential Opportunity with Falling Total Cost of Ownership

Small business owners are expected to opt for mobile computers that can run POS applications via the Internet. Until recently, POS systems were primarily found in large-sized retail stores and in the hospitality sector. However, the demand for mobile point-of-sale (mPOS) solutions from small sized businesses and stores is expected to rise. Furthermore, this trend is more prominent in emerging economies such as India and China, as the retail sector in these countries is dominated by small and often unorganized retail stores. According to the India Brand Equity Foundation (IBEF), the Indian retail market was valued at US$ 600 Bn in 2015, of which, organized retail accounted for 8%. Thus, a significantly large part of the point-of-sale (POS) terminal market still remains untapped.

mPOS solutions make it possible for small and medium scale businesses to leverage and deploy their front and back office functions with a single platform. For instance, using their POS-enabled mobile phones, retailers are able to enhance their sales by increasing the customer engagement level and simultaneously tracking their inventory. Payment solutions need to be simple and easy to implement in order to be considered reliable. Small businesses are expected to opt for POS systems that can support better services and can be used for customer database management. Thus, mPOS solutions are expected to become more popular than traditional solutions in the POS market.

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Point-of-Sale (POS) Terminal: Market Segmentation

The global point-of-sale (POS) terminal market has been segmented based on component, device type, application, and region. In terms of component, the point-of-sale (POS) terminal market has been segmented into POS terminal devices, POS software (cloud and on-premise), and services (consulting, integration & implementation, and support & maintenance). In terms of device type, the market is segmented into fixed POS and portable/ mobile POS. The application segment of the point-of-sale (POS) terminal market has been bifurcated into restaurants, hospitality, healthcare, retail, warehouse/ distribution, entertainment, and others (field service, government, and transportation).

Point-of-Sale (POS) Terminal Market: Regional Outlook

In terms of region, the global point-of-sale (POS) terminal market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America dominated the global point-of-sale (POS) terminal market and accounted for 34.6% market share in 2019. It is likely to maintain its dominance during the forecast period. The point-of-sale (POS) terminal market in North America is estimated to expand at a growth rate (CAGR) of 11.5% during the forecast period.

The point-of-sale (POS) terminal market in Asia Pacific is projected to expand at the fastest CAGR of 14.1% during the forecast period, due to advent of advanced payment technologies such as NFC and EMV, integrated with the growing adoption of payment options. The point-of-sale (POS) terminal market in Europe and South America is expected to expand moderately during the forecast period.

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The report provides in-depth segment analysis of the global point-of-sale (POS) terminal market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which offer considerable opportunities or account for significant share has also been included as part of geographic analysis of the point-of-sale (POS) terminal market.

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