WiGig Market Share, Strategies, Emerging Technologies, Growth Rate Analysis, Trends and Forecast

The major factors aiding in the swift growth of the WiGig market are the rising sale of portable consumer electronics and surging demand for high-speed internet connectivity. From ,078.7 million in 2018, the market is projected to grow to ,386.1 million in 2024, at a 27.9% CAGR during the forecast period (2019–2024). Developed by Wireless Gigabit Alliance, WiGig is a set of 60 GHz connectivity protocols, allowing data transfer at speeds of up to 7 Gbps. As it has a range of only 10 meters, a router must be placed near the device to offer seamless connectivity.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/wigig-market/report-sample

Under the product segment, the categories of the market are consumer electronics, network devices, and others, which includes video conferencing systems, convenient public kiosks, and smart antennas. Among these, consumer electronics was the leading category during the historical period (2014–2018). This was a result of the rising demand for high internet speeds in tablets, TVs, smartphones, and laptops. The growing popularity of portable consumer electronics is also among the significant factors driving the WiGig market growth.

On the basis of technology, the WiGig market is bifurcated into integrated circuit (IC) and system-on-chip (SoC). Of these, the SoC category dominated the market in 2018 because of the growing penetration of smartphones in India and China. Therefore, semiconductors manufacturing firms are entering the smartphone SoC niche, owing to the easy integration of WiGig on SoCs, which allows for faster internet services. Even during the forecast period, the SoC technology will generate higher revenue in the market, compared to IC.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=wigig-market

Apart from helping make calls, several portable consumer electronics feature messing service, media applications, and Wi-Fi port. Among the primary reasons for their surging adoption is the launch of improved devices and increasing disposable income, which gives people more spending power. Further, due to the availability of the 802.11ad band of WiGig, which enables fast data transfer, consumer electronics manufacturers are integrating the technology in their devices. For example, in 2017, the Asus ZenFone 4 Pro, which has both gigabit LTE and 802.11ad Wi-Fi features, was launched by ASUSTek Computer Inc.

Read More

What are Key Factors Fuelling the Surge of Indian Advanced Driver Assistance Systems Market?

One of the biggest factors propelling the demand for advanced driver assistance systems (ADAS) in India is the rising incidence of road accidents in the country. Since the last few years, there has been a massive surge in the prevalence of road accidents and fatalities in the country, which have consequently boosted the need for the installation of ADAS in vehicles in order to improve vehicular safety. The Government of India (GOI) intends to make the integration of ADAS in passenger vehicles mandatory by 2022, in order to reduce the incidence of road accidents in the country.

The other important factors responsible for the surge in the demand for ADAS in India are the soaring disposable income of people and the increasing demand for vehicles equipped with automated artificial intelligence (AI)-driven systems. 

Nowadays, people are preferring vehicles equipped with various types of advanced systems, mainly on account of their higher purchasing capability and the rapid technological advancements in the automotive sector. Driven by these factors, the Indian advanced driver assistance systems market size is predicted to witness rapid growth during the forecast period (2020–2030).

To Learn more About this report@ https://bit.ly/3etL5sp

The biggest trend currently being observed in the Indian ADAS market is the increasing number of technical collaborations amongst the major automobile and ADAS manufacturing companies. These collaborations are being formed mainly in order to meet the surging technology demands in the country. 

Moreover, the rapid technological advancements are significantly boosting the need for enhanced safety and comfort features in vehicles, which is in turn, propelling the demand for vehicles equipped with ADAS, in the country. For instance, Mando Corp. signed a contract for the supply of ADAS, with Mahindra & Mahindra Ltd. in April 2019.

Hence, it is clear that owing to the increasing prevalence of road accidents in the country and the rising disposable income of the people, the demand for ADAS is expected to shoot-up in India over the next few years.

Read more: https://www.psmarketresearch.com/market-analysis/india-adas-market

Read More

5G RF Transceivers Market to Witness 30.4% CAGR during 2020–2030

Due to the rapidly growing consumer electronics industry, Asia-Pacific has emerged as the largest 5G RF transceiver market instead of North America. the growing adoption of wireless communication devices, emergent of the internet of things technology, rising demand for video streaming, and rapid digitization in the region are also resulting in the growing demand for 5G RF transceivers.

The devices are further being integrated in building security systems, smart utility meters, smart farming, home automation, and commercial satellite imaging applications.

In addition to this, due to advanced long-term evolution-unlicensed capabilities, complex antenna architecture, expanded carrier aggregation, and higher-order modulation, the RFFE design of advanced smartphones is complex. Thus, 5G transceivers are being utilized in base stations for supporting higher frequency bands in RFFE designs and faster mobile broadband speeds. 

A number of industries make use of 5G RF transceivers, such as healthcare, consumer electronics, military &defense, telecommunications, aerospace, and cable/broadcasting. In the coming years, the consumer electronics industry is projected to make considerable use of 5G RF transceivers. Owing to the launching of 5G services by telecom services, RF transceivers are increasingly being integrated in smartphones and other consumer electronics.  

Download Brochure With Technical Innovation : https://www.psmarketresearch.com/market-analysis/5g-rf-transceiver-market-forecast/report-sample

In conclusion, the surging adoption of smart phones and growing penetration of internet are leading to the rising need for 5G RF transceivers.

Read More

What are Main Factors Driving Growth of Global Digital Freight Forwarding Market?

Some of the major factors propelling the demand for digital freight forwarding solutions are the soaring volume of domestic and international trade and the increasing need for time-controlled deliveries across the world. In addition to this, there has been a massive rise in the incorporation of several advanced technologies such as artificial intelligence (AI), internet of things (IoT), and big data analytical solutions in digital freight solutions, which have significantly boosted the demand for digital freight forwarding solutions across the globe.

Due to the above-mentioned factors, the global digital freight forwarding market is predicted to exhibit substantial growth during the forecast period (2020–2030). Digital freight forwarding basically refers to the adoption of digital platforms in order to provide a much broader range of logistics services as compared to the traditionally adopted manually controlled logistics operations. Digital freight forwarding is commonly adopted by brokers, third-party logistics (3PLs) providers, shippers, forwarders, and carriers. Out of these, the 3PLs providers are expected to register the highest adoption of digital freight forwarding solutions in the near future, as they are an important cog in the supply chain machinery.

To learn  more About this report@ https://bit.ly/2XaefXS

Globally, North America observed the highest adoption of digital freight forwarding solutions in 2019. This is primarily ascribed to the fact that the U.S. is the undisputed global leader in international trade. In addition to this, the region is home to some of the major digital freight forwarders in the world. The digital freight forwarding market is expected to register the most rapid advance in the Asia-Pacific (APAC) region in the immediate future. This is credited to the surging number of manufacturing bases and special economic zones (SEZs) in the region.

This study covers

• Historical and the present size of the digital freight forwarding market

• Future potential of the market through its forecast for the period 2020– 2030

• Major factors driving the market and their impact during the short, medium, and long terms

• Market restraints and their impact during the short, medium, and long terms

• Recent trends and evolving opportunities for the market participants

• Historical and the present size of the market segments and understand their comparative future potential

• Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

Read more: https://www.psmarketresearch.com/market-analysis/digital-freight-forwarding-market

Read More

Next-Generation Firewall Market Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2025

P&S Intelligence published a new research report, titled, "Next Generation Firewall Market Market: Global Industry Analysis and Forecast till 2025, The rising instances of cyber-attacks, popularity of the bring-your-own-device policy, and challenges associated with traditional firewalls are leading to the adoption of advanced cyber security solutions. This is why the next-generation firewall (NGFW) market is expected to grow from $2,706.9 million in 2019 to $5,188.8 million by 2025, at an 11.9% CAGR during 2020–2025.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/next-generation-firewall-market/report-sample

NGFW operates beyond protocol and port inspection and blocking to offer intrusion prevention, application-level inspection, and intelligence gathering from outside the firewall. It combines port address translation, URL blocking, packet filtering, and network address translation. The growing IoT usage is a key trend in the next-generation firewall market. Companies are rapidly embracing the IoT technology to make better use of the asset sharing model, outcome-based model, pay-per-usage model, and other advanced business models.

Additionally, IoT also helps businesses gain real-time operational insights into security issues and equipment monitoring. However, IoT devices give rise to data security issues, as they are connected to the internet. Thus, to combat the various applications, protocols, and internet-based security threats associated with IoT, companies are leveraging NGFW. During the forecast period, the services division would observe faster progress, as the demand for professional services is rising, as a result of the heavy usage. 

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=next-generation-firewall-market
This market research report provides a comprehensive overview of the next-generation firewall market

• Historical and the present size of the next-generation firewall market
• Future potential of the market through its forecast for the period 2020-2025
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential

Read More

Auto ML Market Growth Analysis, Post COVID-19 Impact | Potential Business Impacts for Key Players

P&S Intelligence published a new research report, titled, "Automated Machine Learning Market: Global Industry Analysis and Forecast till 2030, These days business cannot just be conducted with producing quality products, but there’s a lot more to it than meets the eye. Provision of enhanced customer experience is one of the major aspects that need to be taken care of by organizations if they want to get ahead of their competition. In order to do that, enterprises these days are focusing on providing their customers with personalized product and content recommendations.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/automated-machine-learning-market/report-sample

As per a report by P&S Intelligence, in 2019, the global automated machine learning market attained a value of $269.6 million and is projected to generated a revenue of $14.511.9 million by 2030, progressing at a 43.7% CAGR during the forecast period (2020–2030). The ability of predicting customer’s requirements, and providing provocative customer experiences on the basis of this understanding, is changing how companies interact with their customers.

However, ML has conventionally required running complex data infrastructure for collecting and centralizing data across sources and large in-house data science teams for training and productionizing these models. Attributed to this, companies are now turning to automated ML services, which make it easier for companies to build and use ML tools in a real world by running systematic processes on raw data and selecting models which gathers the most relevant information from the generated data.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=automated-machine-learning-market

This market research report provides a comprehensive overview of the automated machine learning market

• Historical and the present size of the automated machine learning market
• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential

Read More

Business impacts of COVID-19 on India Retail Logistics Market. Strategies of major industry competitors

The biggest factor fuelling the growing demand for retail logistics in India is the flourishing e-commerce sector in the country. Since the last few years, there has been a huge rise in the e-commerce sector in India, mainly on account of the soaring urbanization, rising disposable income of people, and changing consumption habits of consumers. The consumers are increasingly preferring the doorstep delivery of essential goods in the country, which is boosting the development of logistics services. The Indian online retail market is currently valued at $20.0 billion and this number is expected to shoot-up in future.

Due to the above-mentioned factor, the Indian retail logistics market is predicted to demonstrate huge growth during the forecast period (2020–2030). In India, the retail logistics solutions are provided through online and offline methods. Of these, the offline retail logistics solutions are expected to register faster growth in adoption during the forecast period. This is mainly ascribed to the thriving e-commerce industry, rising internet penetration, and mushrooming number of smartphone users in the country. Moreover, the increasing popularity of online retailing will further boost the adoption of online retail logistics solutions in the country.

Request for sample copy of this report@ https://bit.ly/2zyKDKE

One of the biggest trends presently being witnessed in the Indian retail logistics market is the rising incorporation of digital freight brokerage for logistics services. Due to the adoption of digital freight brokerage services, the on-demand delivery of goods is now possible in several regions. In addition to this, these digital freight brokerage services enable the real-time tracking and monitoring of transported goods, thereby enhancing the security in transportation and reducing the risk of loss of products in transit.

In India, the retail logistics solutions and services are widely used in tier-1, tier-2, and tier-3 cities. Amongst these, the tier-1 cities of the country such as Delhi, Mumbai, Bangalore, Kolkata, Chennai, and Hyderabad are observing escalating demand for retail logistics solutions and services. The main factors responsible for the growth of these services in the tier-1 cities are the presence of a huge consumer base and the rising purchasing power of the people residing in these cities as compared to the people living in the tier-2 and tier-3 cities.

Hence, it can be undoubtedly said that owing to the thriving e-commerce sector in the country, the demand for retail logistics services will boom in India over the next few years.

Read More

How are Technological Innovations Driving Human Enhancement Market?

P&S Intelligence published a new research report, titled, "Human Enhancement Market: Global Industry Analysis and Forecast till 2030, There was a time when imaging that a person with disability, including the inability to hear, see, and walk properly, had no option but to live with their existing condition. However, technological advancements have changed the scenario and further have the potential to essentially cure such conditions. The innovations that are occurring in therapeutic and restorative context have the capability to be applied in other contexts and treat non-pathological conditions. Various pharmaceutical products and technologies developed for medical purposes are already being utilized by humans for enhancing some aspect of their bodies.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/human-enhancement-market/report-sample

The human enhancement technology refers to basically any attempt made for overcoming the current limitations of the human body, permanently or temporarily, through artificial or natural means. It can also be defined as the utilization of technological means for selecting or altering human capacities and characteristics. Technologies such as biotechnology, nanotechnology, cognitive science, and nanotechnology are being used for improving human performance. Owing to these benefits of the technology, the human enhancement market is set to attain a value of $271.6 billion in 2030, rising from the generated revenue of $64.8 billion in 2019, advancing at a 14.7% CAGR during the forecast period (2020–2030).

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=human-enhancement-market

The different technologies included under the concept of human enhancement are smart devices, exoskeletons, implants, and medical devices. Among these, the largest demand in the 2019 was created for implants, which can be ascribed to the growing prevalence of chronic diseases and neurological disorders and increasing geriatric population. The requirement for active implants is growing because of the rising aging population and passive implants are being utilized for the younger population suffering from bone injuries.

This market research report provides a comprehensive overview of the human enhancement market

• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential

Read More

3D Printing Market to Reach $31.8 Million by 2023

When the industrial revolution started in the latter half of the 18th century, it revolutionized the manufacturing processes for different products. What was before being done with the bare but skilled hands of people, now could be done on a larger scale and with much more efficiency, all due to the emergence of a number of machines.

The manufacturing process made use of subtractive or formative techniques for making different products. While these methods may have been efficient in the past, these days the need for producing products in as much less time as possible has increased significantly, owing to the surging population and changing customer preferences.

As per a P&S Intelligence report, in 2017, the global 3D printing market generated a revenue of $8.5 billion and is expected to attain a value of $31.8 million by 2023, progressing at a 24.6% CAGR during the forecast period (2018–2023).

Therefore, after subtractive manufacturing 3D printing technique, also known as additive manufacturing, was developed. Under this technique, physical objects are manufactured by depositing materials in layers based on the basis of a digital model. Since the utilization of 3D printing instead of conventional manufacturing techniques yields better results in less time and without wastage, its demand is rising rapidly across the globe.

The different components which utilized in the 3D printing process are software, printer, service, and material. These components are used in various kinds of 3D printing processes such as material jetting, material extrusion, vat photopolymerization, sheet lamination, direct energy deposition, binder jetting, and powder bed fusion.

Download Brochure With Technical Innovation : https://www.psmarketresearch.com/market-analysis/3d-printing-market/report-sample

Because of the ability of powder bed fusion to manufacture complex shapes in different industries including architecture & construction, aerospace & defense, and automotive, its demand was the highest in the past. 

Read More

COVID-19 impact analysis on European Advanced Driver-Assistance Systems Market. Insights on strategies of key players

The need for enhanced security and safety features in vehicles is rising now more than ever, since the number of vehicles on roads has increased considerably all across the globe including Europe. Automobile manufacturers have been working tirelessly on integrating different safety features in vehicles which may improve the driving experience for people. One of the major technological advancements that have happened regarding the same is the development of advanced driver assistance systems (ADAS), which is basically a number of features and functions that a vehicle is equipped with in order to enhance the safety of both the driver and pedestrians.

These systems can aid in reducing the severity and the total number of motor vehicle accidents on roads. ADAS has the capability to warn drivers of potential dangers, intervene for helping the driver to remain in control for preventing an accident, and further reducing the severity of an accident if it cannot be prevented. At the present time, ADAS, having been undergone a number of technological enhancements, is integrated with various features for making the driving experience as smooth as possible. The technology is widely being integrated in vehicles to ensure that the number of accidents on roads is lessened.

Because of these factors, the European ADAS market is predicted to grow at a substantial pace in the years to come. ADAS can be integrated in passenger cars, medium and heavy commercial vehicles, and light commercial vehicles. A number of sensors are included in ADAS such as laser sensor, light detection and ranging sensor (LiDAR), ultrasonic sensor, image sensor, infrared sensor, and radar sensor. Among all these, radar sensors are expected to the most in demand in the near future. Along with this, LiDAR sensors are also projected to be in considerable demand in the coming years owing to innovations in the automotive industry and government regulations for vehicle safety.

Get Detailed COVID-19 Impact Analysis on the Advanced Driver-Assistance Systems Market in Europe: https://www.psmarketresearch.com/speak-analyst/europe-adas-market/Y292aWRfcXVlcnk=

In 2019, the major reason for the rising integration of ADAS in vehicles was the stringent government regulations pertaining to the safety of vehicles in the European region. For example, in November 2019, it was mandated by EU that all motor vehicles, including commercial and passenger vehicles, are required to be equipped with DMS by mid-2022. Such initiatives are projected to result in the growth of the European ADAS market in the near future.

In conclusion, the requirement for ADAS in Europe is expected to grow in the coming years due to the rising concerns regarding safety of vehicles.

Read more: https://www.psmarketresearch.com/market-analysis/europe-adas-market

Read More

How is Increasing Adoption of Electric Rickshaws Fuelling Growth of Indian Electric Rickshaw Motor and Controller Market?

In India, the most important factor fuelling the rise in the demand for electric rickshaw motors and controllers is the mushrooming number of electric rickshaws operating in the country on account of the soaring number of incentives and polices being implemented by the Indian government. The number of electric rickshaws running on the roads of the country increased by almost 600,000 between 2014 and 2018. Moreover, the total number of electric rickshaws in India was found to be more than 700,000 in 2018.

The other major factor responsible for the surge in the demand for electric rickshaw motors and controllers in India is the rising average operational life of electric rickshaws in the country. There has been a massive rise in the manufacturing of electric rickshaws in India by major organized multinational corporation (MNCs) over the last few years (especially since the Goods and Services Tax [GST] rollout). These electric rickshaws, owing to their superior build and quality, have a higher average life span (3.6 years) than the rickshaws manufactured by the unorganized and local companies (2.2 years).

Driven by the above-mentioned factors, the revenue generated from the sales of electric rickshaw motors and controllers in India is expected to be $59.8 million and $26.2 million, respectively, by 2024. The Indian electric rickshaw motor and controller market is predicted to attain a valuation of $86.0 million by 2024, with the Indian electric rickshaw motor market expected to advance at a CAGR of 15.1% and the Indian electric rickshaw controller market predicted to progress at a CAGR of 14.4% during the forecast period (2019–2024).

In India, Delhi recorded the highest adoption of electric rickshaw motors and controllers in 2018. This is mainly attributed to the large volume of sales of electric rickshaws in the city since 2013. In addition to this, the Delhi government announced in 2016 that it would provide a subsidy of $439.6 on the purchase of electric rickshaws. Due to this factor, the Indian electric rickshaw motor and controller market registered huge progress in Delhi during 2016–2018, which, in turn, created a huge demand for motors and controllers in the city during that period.

Therefore, the demand for electric rickshaw motors and controllers is certain to skyrocket in India over the next few years, owing to the rising adoption of electric rickshaws in the country because of the favorable government measures and the numerous advantages offered by these vehicles over the conventional rickshaws.

Read more: https://www.psmarketresearch.com/market-analysis/india-electric-rickshaw-motor-and-controller-market

Read More

What are Main Factors Responsible for Surge in Global Connected Motorcycle Market?

The rising penetration of sport and luxury bikes in many countries especially the developing nations of APAC and Latin America, Middle East and Africa (LAMEA) is one of the major factors powering the rise in the demand for connected motorcycles. The soaring per capita income and the resultant surge in the purchasing power of the people in the emerging economies across the world such as India and China is pushing the adoption of connected motorcycles.

Technological innovations in automation and big data and the increasing integration of artificial intelligence and internet of things (IoT) in motorcycles for improving road and passenger safety are the other major factors that will boost the popularity of connected motorcycles across the globe. Since the last few years, there has been a huge rise in the popularity of off-road and long-distance biking and this massively increased the probability of fatal motorcycle accidents. As a result, a majority of the motorcycle manufacturing companies have started developing motorcycles equipped with advanced rider-assistance systems and in-motorcycle connectivity devices.

Due to the above-mentioned factors, the global connected motorcycle market is predicted to observe unprecedented growth during the forecast period (2020–2030). The connected motorcycles can be serviced by either the original equipment manufacturers (OEMs) or third-party service providers. Of these, the OEMs-based services are predicted to record higher demand during the forecast period. This is mainly attributed to the fact that the OEMs efficiently analyze all the essential information like riding mode, speed, and parking location and rider behavior and are thus, able to provide personalized services and accurate information about the upcoming maintenance requirements. 

Globally, the Asia-Pacific (APAC) region would see the fastest rise in the adoption of motorcycles equipped with connected systems, during the forecast period. This is mainly ascribed to the rising popularity of these motorcycles in the region. The connected systems and features have already been introduced in the luxury and sport motorcycles and soon, will trickle down to the economy range motorcycles. Moreover, the rapid technological developments in rider assistance systems will propel the adoption of advanced connected systems in motorcycles, thereby fuelling the growth of the connected motorcycle market in the region in the coming years.

Hence, owing to the rising prevalence of road accidents and increasing adoption of advanced automated systems in motorcycles, the demand for connected motorcycles is set to skyrocket across the globe over the next few years.

Source: https://www.psmarketresearch.com/market-analysis/connected-motorcycle-market

Read More

Mobile POS Terminals Market to Grow Due to Growing Trend of Digital Payments

P&S Intelligence published a new research report, titled, "mPOS Terminals Market: Global Industry Analysis and Forecast till 2030, with the rising number of people preferring cashless payments, the global mobile POS market, which generated $19.5 billion in 2019, is predicted to experience a 17.9% CAGR between 2020 and 2030 (forecast period). This is because mPOS terminals enable companies to receive contactless payments and speed up the checkout process.




Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/mobile-point-of-sale-mpos-terminals-market/report-sample

Till 2030, the retail category will continue generating the highest revenue in the mobile POS terminals market, as retailers are increasingly deploying such systems to help customers pay for stuff at any place in the store, which helps save the time otherwise wasted in long queues. For instance, in 2018, POS terminals were deployed in 350 stores across the U.S. by Walmart Inc.

The hardware bifurcation held larger share in the mobile POS terminals market during the historical period (2014–2019), because of the rapid increase in digital payments in the retail, food service, healthcare, hospitality, and various other industries, which creates a high requirement for different types of smartphone point-of-sale terminals.

Asia-Pacific (APAC) dominated the mobile POS terminals market in 2019, and it will keep contributing the highest revenue till 2030. This is ascribed to the advancing healthcare, retail, and hospitality industries in the region, as a result of the high rate of urbanization. Mobile point-of-sale terminals find widespread adoption in the retail industry, which is the largest in APAC.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=mobile-point-of-sale-mpos-terminals-market
This market research report provides a comprehensive overview of the mPOS terminal market

• Historical and the present size of the mPOS terminal market
• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential

Read More

How is Development of Smart Cities Causing Boom of Global Light Sensor Market?

The increasing usage of consumer electronic devices is one of the major factors propelling the demand for light sensors across the world. In various consumer electronic devices such as smartphones and tablets, several features like automatic screen brightness control require the sensing of light. 1.4 billion smartphones were sold throughout the globe in 2019 and this number is expected to increase to 1.6 billion by 2040.

Owing to the mushrooming demand for these devices from the younger population, especially the millennials. Moreover, the soaring population in several countries will further boost the demand for customer electronic devices across the world.

Due to these factors, the global light sensor market attained a valuation of $1,456.2 million in 2019 and is predicted to advance at a CAGR of 9.5% during the forecast period (2020–2030). Light sensors are extensively used for proximity detection, ambient light sensing, RGB (red, green, and blue) color sensing, infrared radiation (IR) detection, and gesture recognition. 

Amongst these, the ambient light sensing applications are expected to record the highest use of light sensors during the forecast period. This would because of the rising utility of this function in the healthcare and automotive sectors around the world.

Light sensors are widely used in consumer electronics, industrial, automotive, healthcare, and entertainment sectors. Out of these sectors, the automotive sector is predicted to observe the highest growth in the usage of light sensors in the coming years. This is mainly attributed to the increasing incorporation of advanced driver assistance systems (ADAS) in automobiles, which require light sensors for park assist, light sensing, and several other applications.

Get Sample Copy of Report : https://www.psmarketresearch.com/market-analysis/light-sensor-market/report-sample

The light sensors produce the output in two forms — digital and analog. Of these, the light sensors equipped with digital output displays record higher demand, owing to their wide application in ADAS systems.

Read More

APAC CAD Software Market | Covid19 Impact Analysis | Business Outlook, Growth, Revenue, Trends and Forecasts 2024

The popularity of CAD software in the automotive industry is one of the major driving factors for the APAC CAD software market. The requirement for high-quality components is increasing significantly in the automotive industry in APAC. Because of this, auto part buyers are also trying to focus on the quality of their products. In addition, numerous connected cars are predicted to be on the roads in the coming years, due to which automobile designers are becoming more inclined toward using advanced solutions supported by CAD software for developing error-free products.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/asia-pacific-cad-software-market/report-sample

Another major factor leading to the growth of the APAC CAD software market is the surging adoption of the software in the packaging industry. Due to technological advancements, the complexity of designs in the packaging machinery has increased. This has resulted in the growing adoption of CAD software by engineers and designers to increase the efficiency and throughput. Through simulation and communication control tools, the software enables engineers to provide unconventional modeling. Furthermore, the software is also being increasingly utilized in the industry because of the rising demand for smart packaging.

When geography is taken into consideration, China was the largest APAC CAD software market during the historical period, accounting for 31.9% of the regional revenue in 2018. The reason for this is the growing number of engineering universities and the expansion of the media & entertainment and automotive industries in the country. The highest CAGR is expected to be recorded by India during the forecast period due to the growing demand for CAD software from the aerospace & defense and automotive industries.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=asia-pacific-cad-software-market

The market is growing due to the increasing usage of CAD in the automotive and packaging industries, and an increasing number of startup companies. CAD involves the use of computers for analyzing, creating, and simulating designs in order to generate technical documentation. This technology is used by architects, engineers, and designers for visualizing concepts.

Read More

AI in Education Market Growth Analysis, Post COVID-19 Impact | Potential Business Impacts for Key Players

The focus on digitization and e-learning is increasing rapidly in order to enhance the quality of education that is provided. Ascribed to this, the concept of conversational learning is also becoming an important aspect of education around the globe. The concept of conversational learning involves the presentation of content as a two-way conversation. Teaching through conversational learning solutions makes the process more interactive and interesting for the children. Since, chatbots can be programmed as per the learner’s needs, they are becoming an important part of the conversational learning process. Chatbots also offer students relevant content, which saves their time and results in successful completion of the course.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/ai-in-education-market/report-sample

Because of this, the application of artificial intelligence (AI) in the education sector is rising. AI in education majorly focuses on identifying the needs of students and developing personalized curriculum for enhancing the learning experience of students. According to a P&S Intelligence report, in 2019, the global AI in education market reached $1.1 billion and is predicted to generate $25.7 billion in 2030, advancing at a 32.9% CAGR during the forecast period (2020–2030). The two components in the domain are service and solution, between which, the larger demand was created for AI solutions during 2014–2019. Hardware and software tools & platforms are the two major AI in education solutions.

Different applications of AI in education are intelligent tutoring systems, content delivery systems, virtual facilitators, and learning platforms. Chatbots and interactive websites are some other applications. Among these, the largest demand during 2014–2019 was created for learning platforms, which are further expected to be the most in demand during the forecast period. This is because of the increasing preference for distance and online education courses by students and working professionals, growing focus on the integration of next-generation technologies in the education sector, and growing trend of self-learning through online platforms. The fastest growth in demand is projected to be registered by the intelligent tutoring systems applications.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=ai-in-education-market

A key driving factor for the industry is the increasing demand for personalized education based on AI. Personalized learning solutions aid in better understanding of the students, including their academic goals, interests, and educational background, which further helps in creating a customized educational experience. Students can design courses as per their requirement and also obtain feedback related to their progress throughout their course. For example, in June 2019, Lingvist Technologies OU, a provider of language courses, launched an AI-powered language learning platform called Couse Wizard, which allows users to create and customize courses according to their interests, hobbies, and career by speaking or typing keywords.

Read More

Big Data Analytics in Healthcare Market Growth Analysis, Post COVID-19 Impact | Potential Business Impacts for Key Players

The demand to organize huge amount of data is driving the big data analytics in healthcare market. With increasing research and development activities, the healthcare industry is generating huge data volumes. Big data analytics is playing a major role in reducing the overall cost and providing quality services in the healthcare system by aiming to generate valuable insights from such rich data sets.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/big-data-analytics-in-healthcare-market/report-sample

The big data analytics in healthcare market to grow to $22,743.1 million by 2023 from $7,013.5 million in 2017, registering a 21.8% CAGR during the forecast period (2018–2023). The market is witnessing growth due to the rising initiatives by governments to adopt electronic health records, surging demand for financial analytics in the healthcare domain, and increasing requirement for the analysis of structured and unstructured datasets.

The big data analytics in healthcare market is helping doctors and other healthcare service providers in deliver personalized care in a cost-effective and time-efficient manner. Healthcare facilities are enthusiastically integrating IT technology into their workflow for improving patient outcomes, providing support for reformed payment structures, and reducing healthcare cost. Technological advancements have led to the generation of increased unstructured data, such as clinical, imaging, claims, socioeconomic, and genomic data and electronic health records, which big data analytics help organize into structured data.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=big-data-analytics-in-healthcare-market

The classifications of the big data analytics in healthcare market based on region are Asia-Pacific (APAC), Europe, North America, and Rest of the World. The highest revenue was generated by the North American region in the historical period as the U.S. is home to the largest healthcare industry in the world, which leads to huge data generation and the need for its maintenance. In the forecast period, APAC would register the fastest growth as the economy of many countries here is improving, which is leading to the betterment of healthcare facilities.

Read More

COVID-19: Potential Impact on Spintronics Market Estimated to Record Highest CAGR in Coming Years

The global prevalence of chronic obstructive pulmonary disease is 65 million people, while its annual death rate is 3 million, as estimated by the World Health Organization in the second edition of its Global Impact of Respiratory Diseases report.

The single biggest cause of such respiratory problems is air pollution caused by the discharge of toxic gases from vehicles and industries. Thus, to deal with the issue, governments in numerous countries are encouraging people to adopt electric vehicles (EV). With the increasing sale of EVs in the coming years, the usage of spintronic sensors would also surge.

As a result, the spintronics market would grow from its value of $362.7 million in 2019 to $12,845.6 million by 2030, at a 34.8% CAGR during 2020–2030 (forecast period).

Such sensors lower the power consumption and enhance the accuracy of operations, by utilizing the tunnel magnetoresistance (TMR) and giant magnetoresistance (GMR) effects. In EVs, spintronics-based sensors are used to make automobiles more efficient, increase the life of batteries, and predict overloading and breakdowns. EVs majorly utilize angular, position, and linear sensors, based on the TMR technology.

Apart from sensors, spintronics is also used in data storage devices, wherein the spinning motion of the electrons, along with their charge, is leveraged to store information. In general, spintronics devices can be based on semiconductors or metals, wherein metal-based devices are further of the GMR and TMR types.

Download Brochure With Technical Innovation : https://www.psmarketresearch.com/market-analysis/spintronics-market/report-sample

Of these, TMR-type metal-based spintronics devices account for the higher adoption, owing to their smaller size and lower power consumption advantage. Additionally, they also offer a better insulating performance than the GMR variants, as they have higher magnetoresistance.

Read More

Know How Covid-19 Impact on Automation as a Service (AaaS) Market | Insights on Size, Share, Demand, Trends & Key Players

In 2017, the global automation as a service (AaaS) market generated $2.9 billion and is projected to reach $10.9 billion by 2023, registering a 23.9% CAGR during the forecast period (2018–2023). The market is growing due to the decreasing cost of automation software and services, surging demand for virtual workforce, and greater ease of doing business.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/automation-as-a-service-market/report-sample

AaaS is a platform which utilizes technologies including cognitive analytics, artificial intelligence (AI), machine learning, and internet of things for offering enterprises a way to automate their business processes for increasing accuracy and speed of operations. On the basis of business process, the AaaS market is divided into human resources (HR), information technology (IT), finance & accounting, sales & marketing, supply chain, operations, and customer service.

Among these, the IT division accounted for the major share of the market during the historical period (2013–2017) and is predicted to dominate the market during the forecast period as well. The sales & marketing division is projected to grow at the fastest pace during the forecast period because of the increasing need for engaging customers and managing billing processes.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=automation-as-a-service-market

When industry is taken into consideration, the AaaS market is categorized into travel & tourism, banking, financial services, & insurance (BFSI), hospitality, telecom & IT, media & entertainment, manufacturing, transportation & logistics, energy & utilities, healthcare, retail & consumer goods, and government & defense. Out of these, the BFSI category dominated the market during the historical period and is further expected to contribute the largest revenue share to the market during the forecast period, which is ascribed to the rising requirement for automation in processes including invoice digitization, customer service, and credit card approvals.

Read More

Why is Increasing Gasoline and Diesel Price Major Reason behind Carsharing Market Growth?

The world is in grave danger, as the high amounts of greenhouse gas (GHG) emissions are making the air fouler by the day. Whenever coal, natural gas or crude oil and its derivatives are burned, carbon dioxide, nitrogen oxides, carbon monoxide, sulfur dioxide, and other harmful gases are released into the atmosphere. These are not only making the earth hotter, but also creating difficulties in breathing. The transport sector is one of the major emitters of GHGs, which is why several steps are being taken to check it and reduce the rate of air quality degradation.

One such effort has been the strong promotion of shared mobility services, as 3–4 people can travel in the same vehicle, which automatically helps bring down the number of automobiles in operation. As, still, most vehicles run on gasoline and diesel, shared mobility aids in bringing down pollution. This is one of the primary reasons the carsharing market, which valued $5,571.2 million in 2018, is projected to grow to $10,846.9 million by 2025, at an 11.0% CAGR between 2019 and 2025. In such a model, people can rent cars as per requirement and pay on the basis of the journey distance or time.

To Learn more About this Report at@ http://bit.ly/2TmEj1S

The key catalyst for the popularity of such models has been the advent of the mobility as a service (MaaS) concept. With shared mobility companies putting in the hard yards of owning and maintaining the vehicles, a great weight has been lifted off the shoulders of users. Those who use MaaS services do not need to spend thousands of dollars on purchasing a personal vehicle, paying for insurance premiums, parking, and regular servicing and maintenance. Not to forget the rapidly increasing prices of diesel and gasoline, all of which become the responsibility of the service provider.

Asia-Pacific (APAC) is currently the largest carsharing market, majorly on account of the strong government support for such a transportation system, especially in China. In this country, the number of electric cars in shared mobility fleets has drastically risen in the last few years. Being one of the most industrially productive, and therefore polluted, countries on earth, China is taking concrete steps to increase the penetration of electric vehicles, including among car sharing companies, such as offering subsidies, tax rebates, and monetary incentives for their purchase.

Hence, as the realization about the fact that shared mobility can potentially reduce the number of automobiles on the road increases, carsharing services are bound to become more popular than ever in the coming years.

Read more: https://www.psmarketresearch.com/market-analysis/car-sharing-market

Read More

What are the Major Factors Fuelling the Progress of Americas Self-Checkout Systems Market?

The rising number of digital transactions in most of the countries in the Americas is one of the biggest factors responsible for the surge in the usage for self-checkout systems in the region. Most of the countries in the region are rapidly shifting toward cashless transactions and economy. For instance, 90% of the population in Canada owned credit cards in 2018. Moreover, the country observed a growth of 7% and 9% in the usage of debit cards and in the total value of the transactions made through debit cards, respectively, from 2016 to 2017. 

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/americas-self-checkout-systems-market/report-sample

The other major factor propelling the demand for self-checkout systems in North and South America is the rising shortage of labor in the region. Since the last few years, there has been a massive rise in labor shortage in most of the countries in the region. For instance, the companies in the U.S. are increasingly finding it difficult to find skilled employees, with almost 6.3 million jobs remaining unfilled in the country in January 2018. Moreover, the companies recorded a rise of around 16% in unfilled jobs from 2017 to 2018. 

Due to the above-mentioned factors, the revenue generated from the sales of self-checkout systems in the Americas is expected to increase from $3.9 billion in 2018 to $7.1 billion by 2024. The Americas self-checkout systems market is predicted to advance at a CAGR of 10.9% during the forecast period (2019–2024). Many companies in the Americas are rapidly adopting the self-checkout systems hardware, software, and services. Out of these, the self-checkout systems hardware observed the highest adoption in the region in 2018, as they transactions cannot proceed without enabling terminals, card readers, and machines.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=americas-self-checkout-systems-market

The biggest trend presently being witnessed in the Americas self-checkout systems market is the adoption of mobile scan and go systems across the region. These systems enable the users to use their smartphones for scanning the items that they want to buy from the shop at the service point-of-sale (POS) terminal. The mobile scan and go systems allow the customers to digitally make payments without being in direct contact with any machine, thereby reducing the overall buying time.

Read More