TD-LTE Ecosystem Market: Latest Trends and Forecast Analysis up to 2025

A fresh study by Transparency Market Research (TMR) suggests that a number of companies are currently connected to the value chain of the global TD-LTE ecosystem market, which is a clear indication of widespread opportunities in a developing market scenario. The report identifies Huawei Technologies Co. Ltd., Nokia, Samsung Electronics Co. Ltd., Telefonaktiebolaget L. M. Ericsson, AT&T, Inc., ZTE Corporation, Qualcomm Inc., MediaTek, Inc., Broadcom Corporation, and Spreadtrum Communications Inc. as some of the most prominent companies in the global TD-LTE ecosystem market.

As per the projections of the report, the demand in the global TD-LTE ecosystem market will increase at a phenomenal CAGR of 24.4% during the forecast period of 2017 to 2025, estimating it to achieve a global worth of US$264.00 bn by 2025, mounting from its evaluated valuation of US$40.80 bn in 2016. The report notes that a number of significant TD-LTE network deployments have occurred in the past three years, such as Sprint in The U.S., Bharti Airtel in India, and SoftBank in Japan, as a result of spectrum availability and decreased deployment costs.

China based vendor, Huawei, is a highly respectable name in the global TD-LTE ecosystem market. The company signed a US$45.0 mn contract with Italian ISP Tiscali in September 2016. On the other hand, Ericsson also holds a significant chunk of shares in the global TD-LTE ecosystem market, capitalizing on upcoming deployment opportunities in both Asia Pacific and Europe.

Equipment-wise, macro cells have considerably more demand than small cells, whereas on the basis of device type, notebooks serve maximum revenue share of the market, than other segments including PCs, smartphones, routers, and tablets. Application-wise, the market for TD-LTE ecosystem has been classified into retail, banking institutes, healthcare, and personal uses. Geographically, North America currently is the most lucrative regional market, although Asia Pacific offers widespread opportunities too.

Escalating demand for LTE with growing ubiquity of smartphones is the primary driver of the global TD-LTE ecosystem market. Apart from smartphones, the growing propagation of an array of other Internet enabled mobile devices such as tablets and e-readers has led to increasing consumer need to access ‘on the go’ rich content. Popularity of social media has caused an explosion of mobile data traffic, generating exceptional demand on the network of wireless operators.

Bandwidth concentrated applications, especially video-based, render the restricted access and the gap that the clients are progressively facing between peak rates in actual experiences every day and perfect conditions. Therefore, it is vital for operators to confirm that the average mobile experience of the users is not negotiated especially in high traffic areas.

Despite a highly prosperous future, there are a few factors obstructing the proper growth of the global TD-LTE ecosystem market. Complexity and backward compatibility is one such restraint. The operators who are considering a network update, must choose the appropriate technology. Either they upgrade to an evolved version of 3G like HSPA and HSPA+ or they opt for LTE. Upgrading within the 3G family does not require network architectural changes as such, whereas transforming to LTE needs core network expansion and new radio access technology. This process is highly complicated as well as cost intensive.

The information presented in this review is based on a Transparency Market Research report, titled, “TD-LTE Ecosystem Market (Equipment – Macro Cells and Small Cells; Devices – Notebooks, PCs, Routers, Smartphones, and Tablets; Application – Healthcare, Retail, Banking Institutes, and Personal Uses) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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Semiconductor Intellectual Property Market: Comprehensive Analysis and Future Estimations 2025

Some of the main players in the global semiconductor intellectual property market are Altera (acquired by Intel Corporation), Arm Limited, Cadence Design Systems, Inc., Ceva Inc., Cast In., eSilicon Corporation, Kilopass Technology Inc., Imagination Technologies Limited, Mentor, Perceptia Devices Inc., Open-Silicon, Inc., Rambus Inc., Silabtech Private Limited, Synopsys Inc., and Videantis GmbH.

The global semiconductor intellectual property market is choc-a-bloc with small and large vendors at present. Realizing the healthy growth potential in the market, many new players are foraying into it. These relatively new players are likely to focus on more discrete phases of IC design IP that would enable them to gain a solid foothold. Established keen players, on the other hand, are on the lookout to acquire other IP companies to increase their market share.

A report by Transparency Market Research forecasts the global market for semiconductor intellectual property to become worth US$9.1 bn by 2025 by registering a 10.7% CAGR in the forecast period extending from 2017 to 2025.

Depending upon type, the global semiconductor intellectual property market can be split into hard IP and soft IP. Among the two, the segment of soft IP led the market with a share of 51.7% in 2016. This is mainly because of the uptake of soft IP core, namely netlist and synthesizable cores, in various applications which helps to enhance the quality of hardware.

Geographically, the key segments of the global market for semiconductor intellectual property are North America, South America, Asia Pacific, Europe, and the Middle East and Africa. Asia-Pacific, among them, accounted for maximum market share of 32.4% in 2016. This is primarily because of the exploding consumer electronics market in India, China, and Japan, which have upped demand of processor IP such as CPU processor IP, and different microprocessors IP as well as physical IP.

Rising demand for reduced manufacturing and design costs of semiconductor components present in end-products has resulted in the growth of the semiconductor intellectual property market,” explains the lead analyst of TMR report. Further, surging popularity of modern system on chips (SOC) designs are serving to drive the market too. Yet another factor proving beneficial to the market is the growing demand for semiconductor intellectual property to churn out innovative consumer electronics products.

Currently, the healthcare segment is majorly fuelling demand for semiconductor intellectual property services due to the demand for manufacturing of advanced devices consisting of multicore technologies for medical processes. This has led to the adoption of semiconductor intellectual property services in this segment.

A noticeable trend in the global market for semiconductor intellectual property market is the demand for less expensive and more reliable end-products with superior features. This has led to many new entrants in the market trying to cater to such requirements of customers.

This review is based on the findings of a TMR report, titled, “Semiconductor Intellectual Property Market (Type – Digital IP, Physical IP, and Processor IP; Architecture Design – Hard IP and Soft IP; Application – Healthcare, Telecommunications, Consumer Electronics, and Automotive) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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M2M Services Market: Market Development, Overview and Forecast upto 2025

The global M2M services market is featured by the dominance of some of the large telecom companies that have global presence, says a recent market publication by Transparency Market Research (TMR). Some of the prominent names in the global M2M services market are AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, Aeris Communications Inc., PTC, Verizon Wireless, and Oracle.

Keen players in the market are investing heavily in research and development to acquire advanced communication technologies and are resorting to collaborations and partnerships for expanding their outreach. Key players in the market are also seen to tap into opportunities in emerging markets after the revival of the economy post the economic slump of 2008.

As per a report by TMR, the global M2M services market is likely to expand at a phenomenal 27.2% CAGR for the forecast period between 2017 and 2025. At this pace, the market is likely to attain a value of US$83,616.1 mn by the end of the forecast period in 2025 from its evaluated worth of US$9,695.1 mn in 2016.

The segments of the global M2M services market depending upon organization size are large enterprises and small and medium enterprises (SMEs). Of the two, large enterprises held the leading share in 2016 and accounted for the leading revenue contribution to the global M2M services market.

On the basis of industry vertical, consumer electronics led the market in 2016 vis-à-vis revenue. However, the manufacturing segment is expected to display the leading CAGR over the forecast period between 2017 and 2025.

Geography-wise, North America tops amongst other key regional segments in the global M2M services market. Early adoption of new technology generally and the region being home to some of the leading telecom companies are key factors for the supremacy of North America.

The key growth drivers of the global M2M services market include expanded fiber optic cable networks and improved Internet connectivity. M2M communication is carried out over mobile networks that use fiber optic cables for transfer of large amount of data. With significant improvement in Internet connectivity and connection speed over the last couple of years, M2M service providers have the capability to offer advanced and integrated telecom solutions to industrial consumers. Moreover, cloud solutions provided by M2M service providers can be used over a number of a devices and can help transfer large amount of data.

Launched in June 2017, fiber cable network of Reliance Jio has a total length of 25,000 kilometers that connects countries in Asia, Europe, and Africa. Another example of investment in fiber optic network is Google’s 9,000 kilometer long fiber optic cable that connects the U.S. and Japan. Lastly, the increasing number of connected devices that transfer data using fiber optic networks is expected to boost the global M2M services market in the upcoming years.

On the flip side, repercussions of theft of valuable data in the event of a cyber-attack are providing headwinds to the growth of global M2M services market. This is because M2M service connects multiple devices to the back-end IT infrastructure of an organization that results in hacking of information from multiple devices through a single platform.

The information presented is based on the findings of a report by Transparency Market Research, titled “M2M Services Market (Organization Type – Large Enterprises and SMEs; Services – Managed Services, Professional Services, Connectivity and Data Storage Services; Industry Vertical – Retail, Manufacturing, Healthcare, Automotive, Consumer Electronics, Energy and Mining, Transportation and Logistics, and Oil and Gas – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025.”

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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Connected Street Lights Market: Growth Opportunities and forecast 2025

Some of the prominent names in the global connected (smart) street lights market are Acuity Brands Lighting Inc., Dimonoff Inc., EnGo PLANET, General Electric Co., Schreder Group, Philips Lighting N.V., Telensa Ltd., Twilight, Citelum S.A., Echelon Corporation, Flashnet SRL, Led Roadway Lighting Ltd., OSRAM Licht Group, Silver Springs Networks Inc., and Toshiba Lighting.

A report by Transparency Market Research (TMR) forecasts the global connected (smart) street lights market to expand at an outstanding 16.0% CAGR vis-à-vis revenue between 2017 and 2025. The market was evaluated at US$3,712.5 mn in 2016. In terms of volume, the global connected (smart) street lights market is likely to expand at a CAGR of 20.1% over the 2017-2025 forecast period.

Based on connectivity, wireless connected (smart) street light segment holds significant lead over its counterpart wired connected (smart) street light segment. In terms of component, the connected (smart) street light market is segmented into hardware, software, and services.

The global connected (smart) street lights market in terms of geography is divided into North America, Asia Pacific, Europe, and South America. Of them, Europe currently holds the leading share in the overall market. Asia Pacific, on the other hand, is expected to display relatively faster adoption rate of connected (smart) street lights on grounds of increasing demand for LEDs to reduce energy consumption. These factors will account Asia Pacific to register the leading CAGR over the forecast period between 2017 and 2025.

Among the several factors driving the global connected (smart) street light market, the increasing awareness of energy conservation and demand for efficient lighting solutions is a key one. Lighting is one of the rapidly evolving areas of smart technologies as it accounts for almost 40% of a city’s energy consumption.

At present, most of the street lighting is based on traditional lighting systems which is commonly associated with configuration challenges, extraordinary cost, and interoperability issues between devices from multiple vendors. The ability of connected (street) lights to address the imperfections of traditional street lights is attracting the attention of entities in the street lighting ecosystem. Also, the adoption of connected (smart) street lighting is on the rise as it serves the demand for green energy solutions that are sustainable in the long run.

With continual decline in hardware prices, vendors of smart lighting solutions are providing the backbone to utilities and city governments needed for the deployment of smart lighting solutions across an array of application areas. Furthermore, moderate pace of advancement of technologies used in connected (smart) street lights is leading to considerable penetration of connected (smart) street lights across several cities in developed regions.

The review presented here is based on the findings of a report by Transparency Market Research, titled “Connected (Smart) Street Lights Market (Connectivity – Wired (Power Line Communication) and Wireless; Component – Hardware (Sensors and Controllers/Relays), Software, and Services) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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Smart Baggage Handling System Market: Segmentation and Company Analysis to 2025

The global smart baggage handling system market features a competitive vendor landscape with the dominance of a few large companies that operate globally, says Transparency Market Research (TMR) in a new report. In the upcoming years, the market is expected to witness the entry of significant solution providers to further intensify the competition.

Collaboration is a key growth strategy that players in this market are hard-focused on to expand their outreach and to accelerate their pace of gains,” says a TMR analyst. This, along with technological innovations will favor these players to establish a strong foothold globally, adds the report.

Some of the key participants in the global smart baggage handling system market are Daifuku Web Seimens Group, Vanderlande Industries, Pteris Global Limited, Alstef Automation S.A., Fives Group, SITA, Beumer Group, G&S Airport Conveyor, and Scarabee Systems & Technology B.V.

As per estimates of a report by Transparency Market Research, the global smart baggage handling system market will clock an impressive 19.3% CAGR for the forecast period between 2017 and 2025, for the market to attain a value of US$7,210.8 mn by the end of 2025. The market stood at a valuation of US$1,508.6 mn in 2016.

The radio frequency identification (RFID) technology segment led the overall market in terms of revenue share in 2016. RFID allows the system to scan the baggage tags with negligible probability of issues that helps generate good revenue.

By type of transport, the airport segment is expected to account for a significant revenue contribution to the global smart baggage handling system market over the forecast period. Going forward, the airport segment is expected to clock a significant growth rate between 2017 and 2025. North America followed by Asia Pacific stood as the key segments in in the global market in 2016 in terms of revenue.

The growth of the smart baggage handling system market across the world is driven by a number of factors which include modernization of existing airports, growth in the number of airports and air travelers, and improved accuracy in baggage handling system.

Not only developing regions, the developed economies of North America and Western Europe hold significance for the global smart baggage handling system market. Countries such as the U.S. and the U.K. are expected to witness an increasing adoption of IoT in the aviation sector in the upcoming years. This includes adoption of IoT based systems and processes such as smart baggage handling system for sorting, conveying, tracking, tracing, and diverting baggage that are critical activities for air transport.

The information presented here is based on the findings of a report by Transparency Market Research , titled “Smart Baggage Handling System Market (Type of Transport- Airport and Railway Station; Technology-Barcode system and Radio Frequency Identification; Solution – Sorting, Conveying, Tracking and Tracing, and Diverting) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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Telematics in Heavy Equipment Market: Key Players and Production Information analysis with Forecast 2025

The global telematics in heavy equipment market is predicted to witness high degree of competition in the years to come on account of the entry of many new solution providers. Currently, most of the big names in the industry are headquartered in the developed countries, but have operations in developing countries as well.

Some of the key players operating in the global telematics in heavy equipment market are Trimble Inc., MiX Telematics, Daimler Trucks North America, Zonar Systems, Inc., Telogis, Masternaut Limited, Topcon Corporation, Teletrac Navman Group, PACCAR Inc., Inseego Corp., Element Fleet Management Corp., DPL Telematics, LHP Telematics, LoJack Corporation, OEM Data Delivery, TeMeDa, LLC, SmartDrive Systems, Inc., GPS Insight, and GPSTrackIt.

A report by Transparency Market Research, predicts the global telematics equipment market to expand at a healthy clip by clocking a CAGR of 15.1% during the forecast period from 2017 to 2025. Rising at this pace, the market is expected to attain a value of US$6.47 bn by 2025-end.

Based upon technology, the global telematics in heavy equipment market can be divided into cellular and satellite. Of the two, the cellular segment is expected to register maximum growth pace in the next couple of years since cellular network is available in most places these days and is relatively affordable to set up.

Geographically, the key segments of the global telematics in heavy equipment market are North America, South America, Asia Pacific, Europe, and the Middle East and Africa. Of them, Asia Pacific accounts for a dominant share because of the presence of wireless connectivity options such as M2M connectivity, 4G and 5G network, GPS and Bluetooth in countries of China, India, and Japan. India, among the three countries, is expected to outshine vis-à-vis growth rate due to the rising uptake of advanced driver assistance system (ADAS) sensors and mobile devices. Overall, the region is projected to register maximum CAGR of 15.6% from 2017 to 2025.

Telematics is used to collect, record, and transmit vehicle operational data on a web-based platform which can be used by vehicle owners for further analysis. Growing demand for various field positioning capabilities offered by the telematics has upped adoption of telematics solutions in heavy equipment globally. Increasing usage of smartphones, availability of high speed data networks, and various benefits of telematics has increased the adoption of telematics in heavy equipment.

The vehicle tracking application is at the forefront of driving growth in the global market for telematics in heavy equipment. This is primarily on account of the increasing number of vehicles on road which has increased the chances of accidents. The vehicle tracking system helps keep a proper track of the movement of vehicles on the road and thereby serve to lessen the number of accidents.

This review is based on the findings of a TMR report, titled, “Telematics in Heavy Equipment Market (Application – Vehicle Tracking, Fleet Management, Satellite Navigation, and Vehicle Safety Communications; Technology – Cellular and Satellite) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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Robotics Market: Trends & Opportunities with Forecast 2025

The largely consolidated nature of the global robotics market, according to a report by Transparency Market Research (TMR) stems from the sheer dominance of some leading players, namely Fanuc Corporation, iRobot Corporation, Northrop Grumman Corporation, and Google Inc. among others.

These companies are hard-focused to utilize their technical and business strength for product innovation and for commercialization of these products to serve the industrial and service sectors that are brimming with opportunities. For instance, in 2017, iRobot Corporation has launched Roomba 690 and 890 furthering its existing product line of service robots.

As per TMR’s research, the global robotics market is likely to collect a revenue valuation of US$147.26 bn by 2025 at a CAGR of 17.4% for the forecast period of 2017 to 2025. The market attracted a revenue of US$35.23 bn in 2016. Vis-à-vis volume, the global robotics market stood at 677.2 thousand units in 2016 and is predicted to amount to 2,731.2 thousand units by 2025 rising at a CAGR of 17.0% between 2017 and 2025.

Static type robot leads among other type segments as it is widely deployed across various industries such as manufacturing, aerospace, and automotive. North America occupies the leading position in the global robotics market among other key regional segments.

Across the world, labor-intensive industries are facing challenges of rising labor cost and lack of skilled workforce. This has pushed companies to adopt robotic technology to automate operations. The automotive, healthcare, and aerospace industries, for instance, are facing major challenges of lack of skilled workforce, and are thus incorporating robots into their process.

Industrial robots are capable of performing a variety of programmed tasks in manufacturing and production settings that are often dangerous for human workers. Service robots, on the other hand, assist human beings for jobs that are typically repetitive and are dangerous.

The demand for unmanned aerial vehicles in the defense sector is increasing at a rapid rate,” says a TMR analyst. Unmanned aerial vehicles have significance for surveillance, capturing images, and for conducting targeted bombing discreetly among other purposes.

Apart from this, military drones are cost-effective over manned aerial vehicles and have the advantages of loitering above the ground and gather maximum information pertaining to the target discreetly that ground attack combats are not capable of.

The other advantages of unmanned aerial vehicles include the high degree of accuracy in every blast along with reduced collateral damages as compared to other weapons. Due to these benefits, the defense sector is investing heavily in robotic technology in order to develop advanced unmanned aerial vehicles.

The key factor inhibiting the growth of the robotics market include high initial investment involved in installing these robots. Further, robots are generally deployed for labor-intensive work that involves frequent wear and tear. This leads to high maintenance cost along with the high procurement cost, which is challenging the market’s growth to some extent.

Apart from this, challenges involved in turning a prototype into a commercial robot is further hindering the market’s growth. The arduous task of commercialization of the product results in dead investments leading to loss of interest of investors. This is restraining the market growth.

The information presented is based on the findings of a TMR report, titled “Robotics Market (Type – Mobile Robotics, Exoskeleton, Static Robotics; Application – Logistics, Personal, Last Mile Mobility, Military, Agriculture, Construction/Mining, Medical, Entertainment, and Research; Component – Sensors, Control Units, Actuators, Brake Systems, and Vision Systems) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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Magnetic Ink Character Recognition Devices Market: Key Players and Production Information analysis

Some of the prominent participants in global magnetic ink character recognition (MICR) devices market are ACOM Solutions, Inc., Canon, Inc., Hewlett Packard Company, Epson America, Inc., Murni Solusindo Nusantara, MagTek, Inc., Panini SpA, Rosetta Technologies, Inc., Vertical Infonet Pvt.Ltd., Source Technologies, Troy Group, Inc., Xerox Corporation Ltd, Uniform Industrial Corporation, and ZIH Corp.

A recently published research study by Transparency Market Research predicts the global market for magnetic ink character recognition devices to grow at tepid pace in the years to come. As per the report, the market is expected to clock a 1.6% CAGR during the period from 2017 to 2025 to become worth US$665.6 mn by 2025.

MICR printing and recognition technology are the two main types of technologies employed in the global magnetic ink character recognition (MICR) devices market. The recognition technology accounted for over 60.0% share in the market in 2016 because of the growing demand for secure and efficient check and financial document processing across the industries.

Geographically, the key segments of the global market for magnetic ink character recognition devices are North America, South America, Europe, Asia Pacific, and the Middle East and Africa. Of them, Asia Pacific led the market in 2016 with maximum share. The ability of MICR to increase speed of check processing and also authenticate the validity of financial documents has created demand for them in the financial sector particularly. By registering a CAGR of 2.3% in the forecast period, the market in Asia Pacific is expected to retain its leading share in the years ahead too.

Magnetic ink character recognition (MICR) is a technology used to validate the originality or legitimacy of paper documents, specifically checks. Their demand is primarily fuelled by the need for fast and secure document management technology across nations worldwide. Besides, end-users such as government, retail, transportation and banking, financial services and insurance (BFSI) are also contributing to their demand.

They rely on MICR technology for high-performance, high-quality and cost-effective financial document and check printing. For example, the pressing need for further optimizing the check processing speed is expected to offer growth avenues to the market for magnetic ink character recognition devices.

Posing a roadblock to the market, on the other hand, is the steep cost of magnetic ink character recognition (MICR) readers and printers. “In addition, MICR readers have the capability to recognize only MICR fonts written in a specific format and can only accept a few different characters, which is also restricting the growth of MICR devices market across the globe,” explains the lead analyst of the TMR report.

Emergence and subsequent popularity of digital transactions has dealt a major blow of the global magnetic ink character recognition (MICR) devices market. Further, thrust on advanced technologies for banking and financial sector is expected to hinder the growth of this market. However, incorporation of MICR readers in ATM machines is the expected to create demand for MICR readers across the world.

This review is based on the findings of a TMR report, titled, “Magnetic Ink Character Recognition (MICR) Devices Market (Technology – MICR Printing (Ribbon Encoding and Non-Impact MICR Printing) and Recognition Technology (Waveform Readers, Matrix Readers, Dual Magnetic Reader, and Hybrid Device); End-user – Banks and Financial Institutes, Government Agencies, and Business Organizations) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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Location Based Marketing Services Market: Present Scenario and the Growth Prospects with Forecast 2025

The global location based marketing services market, which is in a nascent stage, is primed grow at a cracking pace in the years ahead. Sensing an opportunity in it, many players – big and small – are entering the fray. This is serving to heat up competition and will likely bring about consolidation. Savvy companies are also entering into partnerships to gain a solid foothold in the market.

For example, electronics and technology companies in Asia Pacific are seen collaborating with western location intelligence service providers to integrate the latter’s technology into their products to make up for the limited search engine and location intelligence service providers in Asia Pacific. South Korean electronics giant Samsung’s partnering with Foursquare Labs, Inc. is a case in point.

Near Pte. Ltd., Foursquare Labs, Inc., Google Inc, Groupon Inc., Groundtruth, Placecast, PlaceIQ,Scanbuy Inc., Shopkick, Inc., and Telenity, Inc. are to name a few key players in the global location based marketing services market.

A report by Transparency Market Research, predicts the global location based marketing services market to rise at a robust 19.9% CAGR from 2017 to 2025 to become worth US$99.77 bn by 2025 from US$19.71 bn in 2016.

Based upon location, the global location based marketing services market can be bifurcated into physical location and location of interest. Among the two, physical location accounted for a leading share in the market in 2016.

Geographically, the key segments of the global location based marketing services market are North America, South America, Europe, Asia Pacific, and the Middle East and Africa. North America, currently, holds a sway over the market with maximum share. The market in the region is being driven primarily by the U.S. followed by Canada.

A large number of prominent companies domiciled the U.S. and partnering with one another to provide superior solutions to customers has served to provide a major boost to the market in the region. By registering a CAGR of 20.1% from 2017 to 2025, the market in North America is anticipated to maintain its dominant position in the years ahead too.

At the forefront of driving the global location based marketing services market are increasing penetration of GPS equipped smartphones and internet. This enables savvy retailers and other service providers to locate prospective consumers and send them push notifications and other advertisements.

Elaborates the lead analyst of TMR report, “Expanded internet connectivity is expected to result in increased number of smartphone users using map applications. Improved connection speed increases reach of location-based high definition video advertisements on connected devices. Hence, better internet connectivity and improved connection speed is the key factor driving the location based marketing services market.”

Posing a challenge to the global location based marketing service market, on the other hand, is the privacy concerns of individuals. “There is an ongoing debate on whether obtaining GPS location of a GPS device user without consent is a violation of privacy of an individual or not. Many people deny the request of apps to send their location data to services providers due to privacy concerns,” adds the lead analyst of the report.

This review is based on the findings of a TMR report, titled, “Location Based Marketing Services Market (Location – Physical Location and Location of Interest; Promotion – Banner Display/Pop ups, Video, Search Result, E-Mail And Message, Social Media Content, and Voice Calling; Industry Vertical – Retail, Hospitality, Healthcare, BFSI, Education, Technology and Media, Transportation and Logistics, and Automotive) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email:
sales@transparencymarketresearch.com

Mixed Reality in Gaming Market: Key Players and Production Information analysis with Forecast 2025

A recent market publication by Transparency Market Research (TMR) detects the global mixed reality in gaming market to be a fragmented one on account of the presence of a multitude of players. At present, keen players in the global mixed reality in gaming market are pouring money into research and development and setting up new facilities for innovation.

Collaborations and partnerships is another notable trend observed among key players is this market. For instance, recently, Microsoft collaborated with HP, Dell, Lenovo, and Acer to develop mixed reality headsets that are expected to be released soon.

Some of the prominent participants in the global mixed reality in gaming market are Canon Inc., Dagri LLC, Infinity Augmented Reality Inc., Magic Leap Inc., Microsoft Corporation (HoloLens), Recon Instruments Inc., Seiko Epson Corporation, Ubisoft Entertainment, CCP hf , HTC Corporation, Lenovo Group Ltd., Meta Company, Osterhout Design Group, Samsung Electronics Co. Ltd., and Six Flags Entertainment Corporation.

As per estimations of the TMR report, the demand for mixed reality in gaming, across the world, will increment at a whopping 38.06% CAGR during the forecast period between 2017 and 2025. By the end of the forecast period in 2015, the revenue in this market is projected to be worth US$187.13 mn.

Mobile apps stood as the leading component segment in 2015 followed by software. Based on application, the market is segmented into entertainment and training/learning. Entertainment segment is anticipated to hold the leading share in the global mixed reality in gaming market over the forecast period.

The personal (individual) end-use vertical is predicted to lead vis-à-vis revenue in the overall market over the forecast period. The TMR report rates North America to be the most lucrative regional market powered by growth in the U.S. and Canada.

Majorly fuelling the global mixed reality in gaming market is the incessant growth of the gaming industry. The growing demand for mixed reality in video games among gaming enthusiasts is expected to fuel the market’s growth in the upcoming years. Mixed reality technology incorporates augmented and virtual reality technologies to provide an immersive virtual environment and enables users to experience virtual realism in real time.

For instance, the release of Microsoft Hololens developer kits and motion controllers is aiding market players boost the pace of development of mixed reality in gaming.The growing demand for mobile apps is further anticipated to bolster the market’s growth. For example, Pokémon Go, a location-based game developed by Niantic is a perfect example of blending the digital and physical worlds.

Apart from this, surging adoption of mixed reality in gaming phenomenon in theme parks and military training is expected to augur well for the market’s growth. In particular, developed countries such as the U.S. are investing heavily for research and development for the design of mixed reality based theme parks.

Another crucial factor acting in favor of the mixed reality in gaming market is the ceaseless penetration of smart computing devices such as smartphones that are integrated with hardware. The adoption of Internet of Things (IoT) for integrating mixed reality in smartphones with hardware is anticipated to accelerate the growth prospects of mixed gaming in reality market.

The information presented is based on the findings of a TMR report, titled “Mixed Reality in Gaming Market (Component – Software and Mobile Apps; Application – Entertainment and Training/Learning; By End-Use Vertical – Government, Corporate, Theme Parks, and Personal (Individual)) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025.”

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email:
sales@transparencymarketresearch.com