Smart Agriculture Solution Market (2021-2031) | Potential growth, attractive valuation make it is a long-term investment

The worldwide smart agriculture solution market was evaluated to be esteemed in abundance of US$ 10 Bn before the fall of 2016, mirroring a Y-o-Y development rate of over 5% more than 2015. By 2026, the market is expected to achieve a valuation near US$ 40 Bn, growing at a CAGR of 11.2% between the given forecast period of 2016 to 2026. The global smart agriculture solution market is gauged to showcase an incremental chance of a little over US$ 25 bn over the course of forecast period. With respect to basis point share, the sub segment of hardware of the component segment is expected to account for over half of the share of the global smart agriculture solutions market by 2026. In term of solution, the segment of variable rate technology is projected to showcase a strong CAGR of 13.4% as compared to other sub segments in the global market for smart agriculture solutions.

The overall valuation of smart agriculture solutions market in North America is expected to reach worth US$5 bn by the fall of 2016 and over the course of the given forecast period, the North America market is estimated to be valued nearly at US$15 bn growing with a strong CAGR of 9.8% in the same period of forecast. Latin America market is projected to show a hefty CAGR of 12.3% over the course of the given forecast period of 2016 to 2026. On the other hand, the smart agriculture solutions market in Asia Pacific except Japan region is expected to show a monumental growth rate and is estimated to present business opportunities worth over US$5 bn with a CAGR of 13.7%.

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Different little and medium-sized specific agriculture solution suppliers concentrate on creating and presenting answers for precision farming with the help of imaging drones and technologies. Furthermore, these companies are concentrating on giving services of data to help the farmers to maximize the yield limit and upgrade their asset usage. These elements are projected to drive the overall growth of the global smart agriculture solution market in the years to come. For instance, in March 2016, a U.S. based aerial imagery specialist company, TerrAvion, presented aerial imagery services for the farmers with the guide of thermal imagery and drones technology. This, as a result, would improve its analytics of data imagery, which is projected to help farmers in optimizing their profitability.

Growing investment in the smart agriculture solutions is another vital trend observed in the current scenarios of global market for smart agriculture solutions. Prominent manufacturers of sensor are concentrating on putting money in numerous medium and small sized smart agriculture solution providers so as to increase the presence of their services in the global market. For instance, in the month of April 2016, Flex Technology Accelerator and Robert Bosch Venture Capital GmbH (RBVC), Lab IX, put their capital in CropX Inc. which is a smart agriculture solution providers based out in the U.S., so as to optimize its product portfolio along with the view to bolster its presence in the global market.

We have segmented the global smart agriculture solution market as under

By Component

  • Hardware
    • Sensor Monitoring System
    • Smart Detection System
    • GPS Enabled Ranging System
    • Drones
  • Software
  • Services
    • Climate Information Service
    • Supply Chain Management Service
    • Others (System Integration, Maintenance and Consulting Service)

By Solution

  • Automated Machinery Guidance Control
  • Tractor Collision and Obstacle Detection
  • Machinery Safety and Parameter Monitoring
  • Variable Rate Technology
  • Building and Premises Surveillance

By Region

  • North America
  • Latin America
  • Asia Pacific Excluding Japan
  • Western Europe
  • Eastern Europe
  • MEA
  • Japan

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In a similar manner, growing partnerships with several entities in the overall value chain of the global smart agriculture solutions market is expected to have a positive effect on the overall development of the global smart agriculture solutions market over the course of the given forecast period of 2016 to 2026. In November 2016, Tribal Navigation Ltd. joined hands with Agrinetix, Precision AG, KOREC, Avidor High Tech France, and Geo-Pro with a view to improve its overall presence in the market places of Europe and North America.

Tablet Market Huge Demand in COVID-19: Regional Outlook, Trends, Key Companies Profile, CAGR and Forecast to 2031

Increasing developments in the production of tablet devices, coupled with the steadfast penetration of hand-held electronics has been driving the growth of the global tablets market for the recent past. An exclusive forecast study by Future Market Insights reveals that the global demand for tablets will surge extensively in the upcoming years. In this report that assesses the forecast on the global tablets market for the period 2016-2026, the sales of tablets across the globe are estimated to rake in over US$ 600 Bn by the end of 2026. The study projects that during this period, the global tablets market will expand vigorously at a CAGR of 9.1%.

Key Trends in Global Tablets Market

Factors influencing the global tablets market expansion for the forecast period, have been analyzed in the report. From growth drivers, manufacturing restraints to industry trends and untapped opportunities, a range of causative factors have been studied in this report. Some of the key trends influencing the global tablets market’s growth include:

  • Increasing use of water-resistance technology in production of electronics
  • Rising technological compatibility to 4G LTE networks
  • Manufacturers focus on delivery highly-functional tablets
  • Consumers demanding human-centric functions and gesture recognition
  • Multi-core processing uptake with longer battery lives to influence manufacturing of tablets
  • Improvements in acoustic performance of table devices

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In addition, the report also observes that preference to large screen entertainment and use of elemental technologies such as dust-proofing will have a determinative influence on the dynamics of the global tablets market in the years to come.

Regional Insights: China to Remain in Spotlight

According to the regional analysis provided in the report, the global market for tablets will witness a concentered expansion in the Asia-Pacific region. APAC countries such as China and India will be observed as the manufacturing hubs for tablets in the global market. China, in particular is expected to account for the largest share in the APAC tablets market. In 2016, it has been estimated that over one-fourth share of global tablets market value has been procured from the APAC region alone. While the demand for tablets will be relatively high in US and other parts of North America, the APAC region is most likely to be at the forefront of global tablets market expansion. The demand for tablets in Europe is also anticipated to witness steady growth through 2026.

Vendor Prospects and Analysis

The report has segmented the global tablets market on the basis of type of product, operating system, end-use and screen size. In terms of product-type, the demand for slate tablets will witness a decline, while sales of detachable tablets will register a volume CAGR of 10.8%. While Android will be the predominant operating system used in production of tablets, rising sales of Apple gadgets will propel the revenue share of iOS as well. The report also reveals that over 227 million units of tablets with less than 8-inch screen size were sold across the globe in 2016. Consumer end-use of tablets will remain relatively high as commercial applications will struggle to gain traction due to technological limitations.

Key Segment

By Product Type

  • Detachable Tablet
  • Slate Tablet

By End-Use

  •  Consumer
  • Commercial

By Operating System

  • Android
  • iOS
  • Windows

By Region

  • North America
  • Latin America
  • Western Europe
  •  Eastern Europe
  • Asia Pacific Excl. Japan (APEJ)
  • Japan
  • Middle East and Africa (MEA)

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Some of the leading players in the global tablets market have been profiled in the report. Apple Inc., Samsung Electronics Co. Ltd., Lenovo Group Limited, Huawei Technologies Co. Ltd., Acer Inc., Micromax, Xiaomi, and Asustek are globally recognized as leaders in tablets manufacturing. Their presence in the global expansion of the tablets market is expected to remain consistently active. Several manufacturers of tablet devices are expected to invest in R&D on developing tablets with new and improved functions.

CMOS Power Amplifier Market Covering Gross Margin, Market Share and Revenue from 2021-2031

Expanding application base of the Internet of Things (IoT) is translating into rapid technological advancement and miniaturisation of devices that entails stronger connection peripherals. This, in turn, is resulting in higher demand for CMOS power amplifier. Future Market Insights has recently conducted an analytical study on the global CMOS power amplifier market that projects a stout growth in terms of revenue between 2016 and 2026. The arrival of superior wireless communication networks and extended benefits of CMOS technology is expected to provide an impetus to the overall development of the market. Network challenges introduced by news wireless standards is an additional factor expected to sustain the demand for CMOS power amplifier over the next couple of years. The US$ 1,017.9 Million CMOS power amplifier market is estimated to surpass US$ 4,714 Million by 2026-end, riding on a CAGR of 16.6% during the forecast period. Robust usage of CMOS power amplifier in GSM/EDGE, LTE, CDMA 2000, and other wireless communication technology is anticipated to create lucrative market opportunities for leading manufacturers and suppliers of CMOS power amplifiers.

Market Restraints  

Future Market Insights’ report titled “CMOS Power Amplifier Market: Global Industry Analysis and Opportunity Assessment, 2016–2026” also reveals that technical complexities in CMOS power amplifier design may dampen the surging spirit of the market to a certain extent during the assessment period. Moreover, the inherently poor linearity of CMOS power amplifiers can often lead to distortion, thus, limiting its application to low-PAR (peak-to-average ratio) modulation systems.

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Usage of CMOS Power Amplifier in LTE Technology to Grow Higher  

Based on modules, GSM/EDGE segment commanded nearly 31% revenue share of the market in 2015. However, swift adoption and rapid development of 4G and 5G wireless communication are leading towards higher consumption of CMOS power amplifier in LTE technology. In addition, the LTE module segment is anticipated to expand at the fastest CAGR of 20.2% over the assessment period.  Manufacturers are focussing on developing high-performance CMOS power amplifier in order to meet the growing need for wider bandwidth and faster data speeds.

Application of CMOS Power Amplifier in Smartphones to Remain Dominant

In 2015, the smartphone segment registered the largest market share, reaching a market valuation of US$ 423.4 Million. The segment is expected to hold its top position throughout the forecast period, expanding at 17.9% CAGR over 2026.

Global CMOS Power Amplifier Market: Regional Outlook

Future Market Insights’ report delivers key insights and offers analysis on the potential of the CMOS power amplifier market through a regional overview. In 2015, Asia Pacific excluding Japan (APEJ) commanded a dominant share of the market attributed to the healthy existence of consumer electronics manufacturers across the region. The market in Asia Pacific is projected to remain dominant and expand at a staggering 19.4% CAGR over the forecast period.

Competitive Dashboard

Key stakeholders in the global market for CMOS power amplifier include Skyworks Solutions, Inc., Toshiba Corporation, Broadcom Ltd., ACCO Semiconductor, Inc., DSP Group, Qorvo, Inc., Qualcomm Technologies, Inc., Texas Instruments Inc., and Murata Manufacturing Co., Ltd. Most of these companies are concentrating on further product innovation to increase their market presence at a global level. For instance, in October 2015, ACCO Semiconductor Inc., a leading provider of fabless semiconductors headquartered in the U.S. launched a range of CMOS power amplifier technologies designed to support quad-band GSM/EDGE and 12-band 3G/LTE smartphones as well as Internet of Things applications.

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Global CMOS power amplifier market analysis and forecast, by module (2016-2026)

GSM/EDGE segment is expected to remain dominant in the global CMOS power amplifier market during the assessment period

  • Future Market Insights forecasts that revenue from the GSM/EDGE segment in the global CMOS power amplifier market is expected to reach nearly US$ 1400 Mn by 2026 end, up from about US$ 325 Mn in 2016
  • Revenue from the GSM/EDGE segment is expected to register a CAGR of 14.6% during the assessment period
  • GSM/EDGE segment is projected to create incremental dollar opportunity of nearly US$ 1000 Mn between 2016 and 2026

B2B Telecommunication Market Stakeholders With Covid-19 Impact Analysis: Top Industry Trends & Segments Forecast 2021-2031

According to Future Market Insights’ report, the global revenues from B2B telecommunication surpassed an estimated US$ 30 billion in 2016. By the end of 2026, the global B2B telecommunication market is projected to be valued at US$ 107.47 billion, registering expansion at a 13.6% CAGR. More than one-fourth of the global B2B telecommunication revenues throughout the forecast period will be accounted by the BFSI industrial vertical, which will amount to more than US$ 27 billion by the end of 2026. Government and administrative bodies, and healthcare organisations such as hospitals and medical research institutes will also considered lucrative industrial verticals for B2B telecommunication, procuring a combined global market value share of nearly 30% by the end of forecast period. Growth in B2B telecommunication revenues from the media & entertainment industry is predicted to be at a faster pace – with a CAGR of 14.7%.

Businesses across several industrial verticals are actively adopting IT-as-a-service (ITaaS) models for improving their operations. With the soaring demand for ITaaS operational models, the scope for incorporating B2B telecommunications is also extending substantially among varied businesses and enterprises. A recent research conducted by Future Market Insights projects that the global demand for B2B telecommunication will be largely emanating from the BFSI sector and media & entertainment industry.

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Unified B2B Telecommunication Services Gaining Traction

Businesses availing B2B telecommunication services are able to select suitable types of solutions, on the basis of facilities provided. While cloud-based B2B telecommunication services currently account for half of the global market revenues, their revenue share is expected to drop over the period of next ten years. Increasing adoption of unified communication and collaboration solutions is predicted to partly instrument the dip in cloud services’ global market contribution. By 2026, nearly US$ 25 billion revenues are projected to be harvested globally from sales of unified B2B telecommunication services. Furthermore, the demand for VoIP services, WAN solutions and M2M communication solutions is also expected to grow at steady rate over the next decade.

North America & APEJ – Dominant Regions

In 2016, North America’s B2B telecommunication market was valued at an estimated US$ 8.5 billion. Surging adoption of cloud and VoIP services by US-based businesses has been assessed as the key attributor for growing sales of B2B telecommunication services in North America. Although, B2B telecommunication revenues in North America will increase at a 15.3% CAGR. On the other hand, the B2B telecommunication market in Asia Pacific excluding Japan (APEJ) region is projected to register rampant expansion at the highest CAGR of 17.3%. By 2026-end, the APEJ B2B telecommunication businesses will dominate the global B2B telecommunication market with 28.5% global revenue share.

Global B2B Telecommunication Market – Segmentation

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East and Africa

By Solution

  • Unified Communication and Collaboration
  • VoIP
  • WAN
  • Cloud Services
  • M2M Communication

By End User

  • Small & Medium Enterprise
  • Large Enterprise

By Vertical

  • BFSI
  • Healthcare
  • Media and Entertainment
  • Government
  • Energy and Utility
  • Retail
  • Transportation and Logistics
  • Others

Comparatively, the B2B telecommunication market in Latin America, Eastern Europe and the Middle East & Africa (MEA) region will incur sluggish expansion over the forecast period. Japan’s contribution to the global B2B telecommunication market value is estimated to be over US$ 15 billion by the end of 2026, which will be approximately US$ 3 billion higher than the value of Western Europe’s B2B telecommunication market.

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In the report, titled “B2B Telecommunication Market: Global Industry Analysis & Opportunity Assessment, 2016-2026,” large enterprises such as MNCs and conglomerates will be the largest end-users of B2B telecommunication in the world. Companies such as China Mobile Limited are being recognised as a leading supplier of B2B telecommunication services, owing to the growing proliferation of social, mobile, analytics and cloud (SMAC) technologies in the APEJ region and beyond. The report has further profiled key players of the global B2B telecommunication market, which include, NTT Communications Corporation, Vodafone Group PLC, Orange S.A., Telefonica S.A., AT&T Inc., Telstra Corporation Limited, Deutsche Telekom AG, Verizon Communications, and SoftBank-owned Sprint Corporation.

Programmatic Display Market Research Report – Opportunities & Challenges With Completely Different Segments, Forecast- 2027

The global programmatic display market is expected to register a global CAGR of 35.5% during 2017 – 2027, with North America, Western Europe, and APEJ accounting for significant market value shares by the end of the forecast period.

FMI delivers key insights on the global programmatic display market in its report titled “Programmatic Display Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027.” Growth in the market value of the global programmatic display market will remain attractive as the market is expected to grow continuously at a CAGR of 35.5% in terms of value during the forecast period 2017 – 2027.

On the basis of ad format, the mobile video segment is expected to register attractive growth during the forecast period in the global programmatic display market. On the basis of sales channel, the private marketplaces segment of the programmatic display market is expected to register attractive growth during the forecast period.

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Analysis of the Global Programmatic Display Market

The global annual revenue generated by the programmatic display market was valued at US$ 21,829.3 Mn by the end of 2017, which is expected to grow at a steady pace over the coming years. The developed economies of North America, Western Europe and APEJ are expected to collectively account for a majority share of the global programmatic display market. The North America programmatic display, Western Europe programmatic display, and APEJ programmatic display markets are likely to dominate the global programmatic display market over the forecast period. Among these, the APEJ market is expected to grow with the highest CAGR during the forecast period.

Dynamics Impacting the Global Programmatic Display Market

Since past few years, the adoption of programmatic displays has been increasing considerably, especially with reference to the mobile video segment. Almost every industry sector in developed countries is moving towards digitalisation through the adoption of digital technologies and devices for innovation in business processes & revenue-producing opportunities for programmatic displays. Moreover, the adoption of digital devices by clients and their customers to share data with one another is creating avenues for the sales of programmatic displays, which is boosting the programmatic display market.

The private marketplaces segment in the programmatic display market is expected to grow significantly during the forecast period. Opportunities in the programmatic display market are growing continuously, which can be majorly attributed to an increase in the adoption of Video on Demand (VoD), which includes Netflix, Amazon Prime Video and TV catch up services. These platforms are boosting opportunities for brands to digitally advertise videos, and this is positively impacting the programmatic display market.

Earlier, programmatic displays were only available via open marketplaces and real-time bidding for display ads. However, nowadays, programmatic displays also include direct publisher relationships and partnerships with platforms such as Facebook. According to FMI analysis, the integration of advanced technologies, along with the enhancement of functionality will help boost the revenue generated by the programmatic display market. Examples of some of the key participants in the global programmatic display market report are AppNexus Inc., AOL Inc., Yahoo! Inc., DataXu Inc., Adroll.com, Google Inc. (Doubleclick), Adobe Systems Incorporated, Rubicon Project Inc., Rocket Fuel Inc. and MediaMath Inc.

Global Programmatic Display Market: Key Insights

On the basis of FMI analysis, the mobile video sub-segment of the ad format segment is expected to dominate the programmatic display market followed by the online video segment during the forecast years. On the basis of sales channel, the Real-Time Bidding (RTB) segment is expected to be a dominating segment in the global programmatic display market.

Key Segments Covered

Ad Format

  • Online Display
  • Online Video
  • Mobile Display
  • Mobile Video

Sales Channel

  • Real Time Bidding (RTB)
  • Private Marketplaces (PMP)
  • Automated Guaranteed (AG)

Key Regions Covered:

  • North America Programmatic Display market
    • U.S.
    • Canada
  • Latin America Programmatic Display market
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe Programmatic Display market
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe Programmatic Display market
    • Russia
    • Poland
    • Rest of Eastern Europe
  • APEJ Programmatic Display market
    • China
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of APAC
  • Japan Programmatic Display market
  • MEA Programmatic Display Market
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of MEA

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The North America programmatic display market is expected to dominate the global programmatic display market due to high growth in the overall revenues generated from the mobile video segment. Almost every industry sector in the North America region is moving towards digitalisation through the adoption of digital technologies and devices to share data with one another, which is creating a platform for programmatic displays. This is also propelling the programmatic display market in North America. The APEJ programmatic display market is expected to be a target market for market participants owing to the high growth opportunities in countries such as India and China. Increase in the Internet usage and the surging adoption of smartphones in the region is boosting connectivity across the world and contributing to economic as well as social progress, and these factors are driving the programmatic display market in APEJ. The programmatic display market in Western Europe has high potential. Social media advertising is a significant driver of programmatic displays in the region. Social media marketers are running more effective campaigns through automated buying and by reaching a precise audience with highly relevant messages, which is positively impacting the European programmatic display market during the forecast period.

On-Shelf Availability Solutions Market – Detailed Survey On Key Trends, Leading Players & Revolutionary Opportunities 2028

The global on-shelf availability solutions market is expected to grow from US$ 2,486.9 Mn in 2018 to US$ 6,028.3 Mn by 2028 at a CAGR of 9.3% in terms of revenue during the forecast period (2018-2028). In this report, the global on-shelf availability solutions market is tracked in terms of value, and is calibrated to obtain the market revenue estimates of on-shelf availability solutions & services.

On-shelf availability solutions are the technological tools that help retailers maintain, analyse and monitor the availability of various products in their store. On-shelf availability solutions are generally based on RFID technology & Internet of Things (IoT) sensors, and help in inventory management by monitoring the status of inventory and supply chain. On-shelf availability solutions help reduce out-of-stock situations by identifying potential issues and help in quickly resolving them to improve the overall profit margins.

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Increasing technological advancements in the retail sector, increasing collaborations between retailers & suppliers, accurate demand opportunity assessment and the rising need for business automation are some of the major factors fuelling the growth of the on-shelf availability solutions market. However, the risk of unauthorized access to data, higher deployment cost and operating in a dynamic environment are some of the major challenges that are hampering the growth of the on-shelf availability solutions market.

To understand and assess the demand and opportunities in the on-shelf availability solutions market, the on-shelf availability solutions market report is categorically split into five major sections: on-shelf availability solutions market analysis – by component, by deployment type, by application, by end user and by region.

On the basis of component, the on-shelf availability solutions market is segmented into software and services. The software segment of the on-shelf availability solutions market is expected to dominate the market throughout the forecast period with a market share of 75.0% and 75.7% in 2018 and 2028 respectively.

On the basis of deployment type, the on-shelf availability solutions market is segmented into on-premise and SaaS segments. The on-premise segment of the on-shelf availability solutions market is expected to dominate the market for the maximum duration of the forecast period owing to the high CAGR associated with it. The SaaS segment of the on-shelf availability solutions market is expected to grow from US$ 729.7 Mn in 2018 to US$ 2,210.0 Mn in 2028.

On the basis of application, the on-shelf availability solutions market is segmented into historical data analysis, response time analysis, vendor pattern analysis, potential risk analysis and others. The response time analysis application segment of the on-shelf availability solutions market is expected to dominate the market throughout the forecast period and enjoy a market share of 27.6% % and 31.5% in 2018 and 2028 respectively.

On the basis of end user, the on-shelf availability solutions market is segmented into Consumer Packaged Goods (CPG) manufacturers, retailers, online retailers, suppliers, warehouses and others. The supplier end user segment of the on-shelf availability solutions market is expected to dominate the market throughout the forecast period owing to the high CAGR associated with it. The CPG manufacturer end-user segment of the on-shelf availability solutions market is expected to grow from US$ 725.0 Mn in 2018 to US$ 1,811.1 Mn in 2028.

The section on-shelf availability solutions market analysis by region includes an in-depth country-level analysis of all global regions, namely North America, Latin America, Western Europe, Eastern Europe, SEA and Others in Asia Pacific, Japan, China and MEA, by component, by deployment type, by application, by end-user & by country, and provides market data in terms of value for 2018-2028. In 2017, the market in North America dominated the overall global on-shelf availability solutions market, and it is also the fastest-growing region in the on-shelf availability solutions market.

Key Segments Covered

By on-shelf availability solutions by component

  • Software
  • Service

By on-shelf availability solutions by deployment type

  • On-premise
  • SaaS

By on-shelf availability solutions by application

  • Historical Data Analysis
  • Response Time Analysis
  • Vendor Pattern Analysis
  • Potential Risk Analysis
  • Others

By on-shelf availability solutions by end user

  • CPG Manufacturers
  • Retailers
  • Online Retailers
  • Suppliers
  • Warehouses
  • Others

Key Regions Covered

  • North America on-shelf availability solutions market
    • United States
    • Canada
  • Latin America on-shelf availability solutions market
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe on-shelf availability solutions market
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Nordic
    • BENELUX
    • Rest of Western Europe
  • Eastern Europe on-shelf availability solutions market
    • Russia
    • Poland
    • Rest of Eastern Europe
  • SEA on-shelf availability solutions Market
    • India
    • Australia and New Zealand
    • ASEAN
    • Rest of South East Asia and Others of Asia Pacific
  • Japan on-shelf availability solutions market
  • China on-shelf availability solutions market
  • Middle East and Africa on-shelf availability solutions market
    • GCC Countries
    • Turkey
    • Northern Africa
    • South Africa
    • Rest of MEA

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The key players reported in this study on the global on-shelf availability solutions market are Panasonic Corporation; International Business Machines Corporation; SAP SE; Impinj, Inc.; MindTree Ltd.; Retail Solutions Inc.; Retail Velocity; Market6, Inc.; Lokad; Verix; Frontier Field Marketing; NEOGRID; eBest IOT and Enterra Solutions LLC.

GaN Power Devices Market Growth Analysis, Strategies, Demands in After Coronavirus Lockdown Over The World

A report triggered by Future Market Insights (FMI) states that the global GaN power devices market compresses several expansions and in addition mid-level sellers, owing to number of lucrative open doors in the market. According to the report, the global GaN devices market is estimated to witness expansion at double-digit CAGR throughout the assessment period (2017-2027).

Gallium Nitride (GaN) is the material, which is used for the manufacturing of semiconductor power devices as well as light emitting diodes and RF components. GaN has demonstrated the capability to be the displacement technology for silicon semiconductors in power conversion, analog applications and RF.

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Japan to Remain Dominant in Global GaN Power Devices Market

The hardware industry in Japan is the prominent purchaser of the gadgets ventures across the globe. With a huge income share, demand for semiconductors is high and GaN power devices are being decreased, effective and with low capacitance, overtake nearly limiting vitality misfortunes amid charging and releasing. This factor is likely to increase demand for GaN products and in this manner market will gain momentum.

GaN has wide application as a part in transistors and due to its enhanced properties, for instance, high warm conductivity, high voltage potential, substantial basic fields, these gadgets deliver high exchanging frequencies and better power thickness empowering transistors tofre work at high voltage levels. Such type of transistors have many uses in various in different fields and provide better outcomes, this is another driving factor influencing growth of the market. A best example for it is- a IT gear producing organization situated in Japan, Fujitsu Limited, in Jan 2016, built up a GaN high-portability transistor power developer with significant yield execution of the world for wideband remote broadcasts, that was 1.8X more noteworthy than some time recently, permitting over 30% more prominent range foe a fast remote system.

Increasing developing work activities in GaN substrate in charge of the development of the Japan GaN power devices market. Owing to GaN innovation highlights, for example, scaling down, high breakdown voltage, high exchanging recurrence, demand for GaN power devices has been propelling and continuous research has been finished by inquiries of focuses in Japan and incremental competences of GaN. Moreover, couple of years ago, a team of specialist from the institute of Industrial science at the Tokyo University discovered other innovation for manufacturing GaN LEDs on the crystal substrate. Costs for fabrication can be cut down along with actuating OLED light boards, with implementation of this improvement.

Restraints

However, shrinking path of the semiconductor is the key factor that is limiting the growth of the GaN power devices market. Problems associated with present assembly and interconnect technologies are growing with expanding high current density in GaN devices. The major problem consist of low impedance interconnects, higher thermal resistance and lower thermal capacitance per chip requiring more chip temperature and better thermal interconnects. The requirement for handling present densities per package and the similar heat flow generating by smaller footprints to be removed from the ambient atmosphere is also increasing. Such factors are anticipated to remain key challenge for growth of GaN market in Japan region.

Market segmentation

By Technology

  • 4H-SiC MOSFET
  • HEMT
  • Others

By Wafer Material

  • GaN SiC
  • GaN Si

By Wafer Size

  • Less than 150mm
  • 150mm-500mm
  • More than 500 mm

By Industry

  • Consumer Electronics
  • Energy & Utilities
  • Automotive
  • IT & Telecom
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)

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Competitive Landscape

Several leading players operating in the market that are profiled in the report include Texas Instruments Incorporated, Qorvo, Inc., Infineon Technologies AG, Toshiba Corporation, Panasonic Corporation, and NXP Semiconductors N.V. The market is anticipated to witness section of acute number of GaN power gadget sellers in foreseeable period, increasing the opposition. Some other prominent players in the market, that have huge contribution in the growth of the market are POWDEC, GaN Systems Inc., Wolfspeed, Inc., EXAGAN,Transphorm Inc., AIXTRON SE, STMicroelectronics, IQE PLC, and Efficient Power Conversion Corporation.

Internet of Things (IoT) Security Product Market Size 2021 Global Industry Share, Top Players, Opportunities And Forecast To 2030

Government organizations of various countries have partnered with IoT technology companies for implementing IoT across urban cities. These organizations are also providing funds for the development of IoT applications to technology vendors. Due to increasing smart city projects, the adoption of sensor applications is rising significantly. A growing number of connected devices is expected to fuel demand for Internet of Things (IoT) security product market. Rising penetration of mobile network connectivity increases security threat and industry guidelines to implement embedded hardware solutions, drives the Internet of Things (IoT) security product market.

The value of the global Internet of Things (IoT) Security Product market is anticipated to witness a CAGR of 14.9% during the forecast period of 2020-2030.

Key Takeaways of Internet of Things (IoT) Security Product Market Study

  • Among the application segment, the smart grid sub-segment is expected to witness a high growth rate during the forecast period, owing to the security and privacy considerations for IoT application on smart grids.
  • East Asia is expected to create lucrative growth opportunities for players in the Internet of Things (IoT) Security Product market, due to increasing number of projects implemented by using IoT tools and data sets, in the countries of this region.

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“Demand for IoT is significantly increasing owing to rising demand for connected devices such as smart cars, smart meters and machine to machine (M2M) communications, such factors increasing demand for Internet of Things (IoT) security product market,” Says the FMI Analyst

Increasing Adoption of Internet of Things (IoT) Security Product Market amid the COVID-19 Pandemic outbreak

The COVID-19 pandemic outbreak has disrupted many industries, such as the Internet of Things (IoT) security product market. Many private, as well as government organizations, have allowed their employees to work from home amid the lockdowns, which has created the need for monitoring the network security proactively, as people are remotely connected consuming enterprise resources and sharing documents using collaboration tools. For Instance, East Asia accounted for 42% of the total installed connected devices such as smart meters, and among others, in 2019, which is estimated to increase in the forecast period for remote monitoring of the infrastructure during times of such pandemic. Business is increasingly adopting security solutions to manage such security risks in the new home-working environment. Amid the COVID-19 pandemic, there has been led IoT healthcare security solution providers to quickly render solutions for combatting the increasing demand for a high-quality solution for protection against the COVID-19 virus. The growth of the Internet of Things (IoT) security product software solutions will be profoundly impacted in different application, such as Machine-to-Machine (M2M) communication, Vehicle-to-Vehicle (V2V) communication, and among others.

Adoption of IoT devices in the medical sector

Enterprises are required to upgrade their health IT infrastructure for shifting to the Internet of Things and to keep up with increasing adoption of connected medical devices. This technological advancement enables patients and service providers to enable more efficient management and security measures of information and data in the healthcare sector. At the same time, adoption of connected devices has loop-holes for hackers to steal data such as patient records and also conceal services being offered by healthcare service providers. As a result of such cyber threats, healthcare organizations adopting connected medical devices also prefer adopting cyber security solutions.

Internet of Things (IoT) Security Product Market: Segmentation

By Component

  • Hardware
  • Software

By Deployment Type

  • End-point or Device Security
  • Network Security
  • Identity and Access Management
  • Vulnerability Management
  • Messaging Security
  • Web Security
  • Others

By Application

  • Machine-to-Machine (M2M) Communication
  • Smart Grid
  • Home and Building Automation
  • Wearable Computing Devices
  • Vehicle-to-Vehicle (V2V) Communication

By Verticals

  • Consumer Goods and Retail
  • Manufacturing
  • Transportation and Logistics
  • Healthcare
  • Energy and Utility
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • MEA

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More Valuable Insights on Internet of Things (IoT) Security Product Market

FMI’s report on the Internet of Things (IoT) security product market is segmented into five major sections such as component (hardware, and software), deployment type (end-point or device security, network security, identity and access management, vulnerability management, messaging security, web security, others), applications (Machine-to-Machine (M2M) communication, smart grid, home and building automation, wearable computing devices, Vehicle-to-Vehicle (V2V) communication), Vertical (consumer goods and retail, consumer goods and retail, transportation and logistics, healthcare, energy and utility, others) and region to help readers understand and lucrative evaluate opportunities in the Internet of Things (IoT) security product market.

Weather Information Technology Market 2021-2029| Country Level Analysis, Current Trade Size And Future Prospective

Global demand for weather information technology is set for a healthy growth outlook over the following years, surpassing estimated revenues of US$ 7 Bn in 2029. As suggested by a new Future Market Insights (FM) report, weather information technology market would receive a prominent push from the growing adoption of real-time weather forecasting solutions.

Rising demand for efficient data analytics for weather forecasting and continuous changes in climatic patterns have boosted the demand for weather information technology for continuous weather monitoring enabling disaster management. The intergovernmental panel on climate change (IPCC) highlighted various climatic risks for food security and farming as well as the potential of enhanced climate and weather early warning systems to assist farmers.

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Key Takeaways – Weather Information Technology Market Study

  • Demand from aviation industry would witness a high growth rate, owing to rising adoption of weather information technology in military & defense sectors.
  • Market share held by air quality monitoring is projected to increase at a striking CAGR during the forecast period, due to increasing focus to monitor and control levels of air pollution.
  • North America is anticipated to dominate the weather information technology market due to increasing application of supercomputing for weather forecast in the region.
  • Management of climate and weather information technology can help better-informed policy for community and institutions that decrease related risks and offer efficient use of limited resources, livestock, improve fishery production, and increase the crop yield.

Weather information through mobile apps and websites, and promotion of commercial applications such as hyper-local forecast, stunning weather virtualization, and smart notification in APEJ are creating opportunities for global players.

Increasing Environmental Observations and Monitoring of Weather Information Technology Boost the Market Growth

Various technological trends that are changing all areas of the market are fueling advances in weather prediction. Advances in modeling and forecasting, cloud, big data and analytics, smart devices, and mobile computing are fueling innovations in service delivery. Rapid growth in personal weather stations and smart connected devices has increased the data available for weather observation and monitoring and may have the potential to improve the accuracy of hyperlocal weather forecasts. Hence, the adoption of monitoring and environment observations is driving the growth of the weather information technology market.

For instance, in March 2018, the Lockheed martin Corporation successfully launched GOES-17 Satellite to provide broad coverage with powerful new weather monitoring technology for meteorologists. This satellite will continue to produce dazzling weather data that has captivated forecast.

WEATHER INFORMATION TECHNOLOGIES MARKET TAXONOMY

The global weather information technology market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Solution

  • Systems
    • Automatic Weather Stations
    • Automated Weather Observing System (AWOS)
    • Sounding Systems
    • Weather Radar
    • Others(Lightening, Air Quality)
  • Services
    • Maintenance Services
  • Consulting Services

Applications

  • Air Quality Monitoring
  • Weather Monitoring
  • Weather Forecasting
  • Others (Chemical & Space Weather Monitoring)

Industry

  • Utilities
  • Agriculture
  • Military & Defense
  • Transportation
  • Marine
  • Aviation
  • Others(Mining, Energy Utilities, Chemicals)

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa

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More Valuable Insights on Weather Information Technology Market

FMI’s report on the weather information technology market is segmented into six major sections such as solutions (systems, and services), applications (air quality monitoring, weather monitoring, weather forecasting, and others (chemical & space weather monitoring)), industry (utilities, agriculture, military & defense, transportation, marine, aviation, and others(mining, energy utilities, chemicals)), and region to help readers understand and lucrative evaluate opportunities in the weather information technology market.

Model Based Manufacturing Technologies Market High State Of Affairs, SWOT Analysis, Business Summary And Forecast 2031

In recent years, the manufacturing industry has witnessed sluggish growth owing to various macro-economic factors such as Brexit concerns, fluctuations of oil prices, and foreign trade policies. Tech developments in model-based offerings are expected to play a key role in the future of the sector. According to a recent report by Future Market Insights (FMI), the global model-based manufacturing technologies market is estimated to register a CAGR of over 8% during the forecast period of 2021-2031.

Performance requirement among manufacturers from new tool and equipment designs for higher efficiency is increasing. This has encouraged industrial manufacturers to focus on developing technology platforms and new operating models that enable connected products and services for integration to their customer operations.

This trend of technological development is expected to support growth of the market. Moreover, rapid technological advancements in the automobile industry, have resulted in an increase in demand for model-based manufacturing technologies to improve economic competitiveness.

The increasing number of RFID-based manufacturing technologies and digital manufacturing in automotive, and oil and gas sectors is expected to catalyse the growth of model-based manufacturing technologies.

In Europe & North America, many manufacturers are adopting Industry 4.0 standards in addition to integration of Smart Factory solutions in their production processes, which leads to efficient production with reduced inventory cost.

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Key Takeaways: Model Based Manufacturing Technologies Market

  • The cloud deployment segment will reflect relatively faster growth with a CAGR of 8.7%, owing to the benefits of remote access.
  • Large enterprises are estimated to contribute over 59% of the overall market. However, small and medium enterprises (SMEs) are likely to reflect a strong CAGR of above 8%.
  • Among end-use industries, the automotive segment is anticipated to hold the dominant share of 23.8% in 2021, backed by the rise of IoT connectivity opportunities.
  • The U.S. is projected to account for over 81% of North America owing to adoption of next-gen emerging technologies.
  • The market in India is expected to progress at a noteworthy CAGR of more than 13% through 2031, driven by an expanding automotive sector.
  • The U.K. market is expected to rise at a CAGR of close to 10% over the coming decade, with impetus from research and development programs.

“The proliferation of cloud-based services, the Internet of Things (IoT), smart phones, DIY machine connectivity, and low-code platforms is encouraging manufacturers to adopt model-based manufacturing technologies to augment the pace of innovation in the manufacturing ecosystem,” says FMI analyst.

COVID-19 Impact Analysis on Model Based Manufacturing Technologies Market

The covid-19 pandemic has adversely affected the global manufacturing industry. This disruption has brought attention to some of the leading challenges faced by the industry and have also highlighted the need to speed up production to boost supply chain resilience. In addition, the economic uncertainties have resulted in pressure on manufacturers to bring down costs while increasing overall efficiency.

Model based manufacturing technologies are likely to create a safer working environment by using automated manufacturing assets which use intelligent decision-making algorithms and networked sensors. Model-based manufacturing technologies facilitate goods and service operations, mitigating the severity of industrial chain disruption. Hence, the model-based manufacturing technologies market is estimated to grow at 6% to 7% Y-o-Y from 2019 to 2021.

Who is Winning?

Leading manufacturers in the moderately consolidated model-based manufacturing technologies market are focused on product and services development endeavors, while also pushing for geographical expansion strategies to leverage previously untapped markets in emerging economies.

Model Based Manufacturing Technologies Market by Category

By Solution:

  • Software
    • Manufacturing Execution Systems (MES) Software
    • Material Requirements Planning (MRP) Software
    • Product Lifecycle Management (PLM) Software
    • CAD/CAM Software
    • Manufacturing ERP Software
    • Others
  • Services
    • Professional Services
      • System Integration & Implementation
      • Security Consulting
      • Support & Maintenance
    • Managed Services

By Deployment:

  • Cloud
  • On-premises

By Enterprise Size:

  • Small and Medium Enterprises (SMEs)
  • Large Enterprises

By Industry:

  • Automotive
  • Electronics and Semiconductors
  • Aerospace and Defense
  • Oil & Gas
  • Healthcare & Pharmaceuticals
  • Food & Beverages
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

Leading players in the market include but are not limited to Aspen Technology Inc., Oracle Corp., SAP SE, Honeywell International Inc., Ibaset Inc., Autodesk Inc., PTC, Inc., Siemens PLM Software Inc., Rockwell Automation, Inc., Dassault Systemes, Schneider Electric SE, ABB Ltd., Seabrook Technology Group, Vero Software Ltd. Sogeti High Tech SAS, KPIT Technologies Limited, General Electric Company, Statii Ltd., CNC Software, Inc., and Cimatron Technologies, Inc.

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Key Points Covered in Model Based Manufacturing Technologies Market Study

  • Market estimates and forecast 2016-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Model Based Manufacturing Technologies Market and how to Navigate
  • Recommendation on Key Winning Strategies

More Valuable Insights on Model Based Manufacturing Technologies Market

FMI’s report on the model based manufacturing technologies market is segmented into five major sections – solution (software – manufacturing execution systems (MES) software, material requirements planning (MRP) software, product lifecycle management (PLM) software, CAD/CAM software, manufacturing ERP software, and others, and service – professional & managed), deployment (cloud and on-premises), enterprise size (SMEs and large enterprises), industry (automotive, electronics and semiconductors, aerospace and defense, oil & gas, healthcare & pharmaceuticals, food & beverages, and others) and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the model based manufacturing technologies market.