Thursday, December 26, 2019

Pos Machines Market Expected to Success CAGR 11.7% by 2026




Persistence Market Research (PMR) recently published a report titled “POS Machine Market – Global Industry Analysis 2013-2017 and Market Forecast 2018-2026.” The number of POS machines has increased in the past four years following the introduction of chip-embedded payment cards & Personal Identification Number (PIN). Moreover, growth in the number of departmental and retail stores, which is fuelling the demand for POS machines, and increasing transition towards digitalization in developing countries are also among factors boosting the market. A further increase in the demand for POS machines is expected as time progresses and advanced technologies are implemented. As a result, the POS machine market is expected to exhibit a double-digit growth rate during the forecast period.

The global POS machine market is expected to grow at a CAGR of 11.7% during the forecast period. The POS machine market was valued at US$ 62,186.4 Mn in 2017, and is projected to grow significantly to reach US$ 162,822.9 Mn by 2026. The POS machine market is classified on the basis of POS terminal type, industry, and regions.

In this report, PMR has segmented the global POS machine market on the basis of POS terminal type, industry, and regions. On the basis of POS terminal type, POS machine market is subsegmented into fixed POS terminals, mobile POS terminals, pocket POS terminals, and POS GPS/GPRS terminals. Among these, the GPS/GPRS POS machine terminals segment is expected to exhibit a higher CAGR during the forecast period. However, the mobile POS machine terminals segment is expected to dominate the global POS machine market by the end of the forecast period. Thus, an increase in demand and transition toward mobile POS machines is being witnessed as compared to fixed POS machines, and this is expected to continue due to the portability offered by the former. In addition, the mobile POS machine terminals segment is expected to witness an incremental opportunity of US$ 26,770.3 Mn from 2018 to 2026.

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Based on industry, the market is subsegmented into retail & consumer goods, travel & hospitality, BFSI, media & entertainment, manufacturing, healthcare, and others. High adoption of POS machine terminals is being witnessed across the retail & consumer goods segment owing to the initiatives undertaken by governments to promote cashless transactions and the establishment of various retail stores & multiplexes. Besides retail & consumer goods, the BFSI segment has also witnessed an increase in the adoption of POS and self-service terminals since the past four years. However, due to the maturity of the market, the aforementioned segments are expected to witness comparatively moderate growth during the forecast period. In terms of incremental opportunity, the healthcare segment is expected to be a moderately attractive segment, thus, it is recommended for investors to invest in the healthcare vertical during the forecast period.

Furthermore, on the basis of geography, the POS machine market is segmented into various regions, which include North America, Latin America, Europe, China, Japan, SEA & Others of APAC, and Middle East & Africa. The North America POS machine market is expected to dominate the global POS machine market due to the high penetration of IoT, the presence of digitalized retail stores, and the presence of the resources required for the implementation of advanced POS machines in the region. When considered in conjunction, Asia Pacific, China, and Japan held a share of approximately 27% of the global POS machine market in 2017. Moreover, the POS machine market has high potential in SEA & Pacific and China owing to the presence of an untapped market, initiatives undertaken by governments for the same, and the high demand for POS machines from countries such as China and India.

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Some of the market participants in the global POS machine market report include:

  • Ingenico Group
  • Verifone
  • PAX Technology Limited
  • Shenzhen Xinguodu Technology Co., Ltd.
  • SZZT Electronics
  • BBPOS
  • Centerm
  • NEWPOS
  • Newland Payment Technology Co., Ltd
  • Aures Group
  • Castles Technology Co., Ltd
  • Cybernet Manufacturing, Inc.
  • Posiflex Technology, Inc.
  • EJETONResearch Methodology
  • Mitsubishi Electric Corporation
  • Sharp Corporation
  • Toshiba Corporation
  • BOE VARITRONIX Limited
  • AU Optronics Corp.
  • Phoenix Display International, Inc.

Storage In Big Data Market is Foreseen to Surpass CAGR 20.4% by 2026

Persistence Market Research delivers key insights on the global storage in big data market in a new report titled, “Storage in Big Data: Global Industry Analysis and Forecast, 2016–2026”. According to the report, the global storage in big data market is estimated to be valued at US$ 9,599.1 Mn by the end of 2016 and this is anticipated to increase to US$ 61.44 Bn by 2026 end. In terms of value, the global storage in big data market is expected to register a CAGR of 20.4% over the forecast period (2016–2026). This is attributed to various factors, regarding which Persistence Market Research offers vital insights in detail in this study.


Market dynamics

Digitization of records globally is the primary factor driving the global storage in big data market. Due to recent laws enforced by governments of various countries, companies are shifting towards digital maintenance of records, especially in the healthcare sector. Increasing digital data volumes is leading to companies increasingly adopting various data storage options. Further, increasing adoption of software-based storage options and an increase in the number of connected devices is expected to fuel the growth of the global storage in big data market over the forecast period. One of the major restraints for growth of the global storage in big data market to a certain extent are macroeconomic factors such as reduced budgets for data storage and high total cost of ownership of flash storage. Improper data representation is also posing a threat to the global storage in big data market.

Leading market players are integrating predictive analytics with storage systems and are providing storage servers close to end users to reduce latency time.

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Market forecast

The global storage in big data market is segmented on the basis of – Segment (Hardware Segment, Software Segment, Services Segment); Industry (BFSI, IT and Telecommunications, Transportation, Logistics & Retail, Healthcare and Medical, Media and Entertainment, Others); and Region (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, and Middle East & Africa (MEA)).

The Hardware segment dominated the global storage in big data market with 49.1% market share in terms of value in 2015. The Hardware segment is estimated to create incremental $ opportunity of US$ 16.38 Bn between 2016 and 2026. The Software segment is estimated to create incremental $ opportunity of US$ 11.34 Bn between 2016 and 2026.

The BFSI segment was valued at US$ 1,694.1 Mn in 2015 and is estimated to reach US$ 2,071.2 Mn by the end of 2016, reflecting a Y-o-Y growth rate of 22.3%. The Media and Entertainment segment is expected to register high Y-o-Y growth rates throughout the forecast period.

Among regions, North America is expected to remain dominant in terms of revenue throughout the forecast period, registering a CAGR of 21.1% between 2016 and 2026. The North America storage in big data market is estimated to be valued at US$ 30.12 Bn by the end of 2026. The Western Europe storage in big data market is anticipated to register the highest CAGR of 21.8% during the forecast period. Latin America is projected to be the most attractive region in the global storage in big data market in terms of revenue during the forecast period.

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Competitive landscape

The global storage in big data market report covers various solution providers operating in the global storage in big data market. Top companies profiled in the report include Google Inc., Microsoft Corporation, Amazon Web Services Inc., VMware Inc., IBM Corporation, Dell EMC, SAS Institute Inc., Oracle Corporation, SAP SE, Teradata Corporation, Hewlett Packard Enterprise, Hitachi Data Systems Corporation, and MemSQL Inc. Some of these companies are adopting strategies such as increasing global investment in cloud services, providing hybrid storage solutions, enhancing flash storage product portfolio, integrating cloud and flash technology with storage products, and collaborating with various technology partners to expand their market presence and enhance customer base globally.

Life Insurance Policy Administration Systems Market Expected to Account for CAGR 12.0% by 2026

Persistence Market Research elucidates a comprehensive research of the ‘Life Insurance Policy Administration Systems Market’ that mentions valuable insights pertaining to market share, profitability graph, market size, SWOT analysis, and regional proliferation of this industry. This study incorporates an explanation of the key drivers and challenges, industry participants, and application segments, devised by analyzing key information about the global market space.

Report Description

This research report provides a detailed analysis of the life insurance policy administration system market and offers insights on the various factors. The market study also provides a comprehensive assessment of the stakeholder strategies and imperatives for succeeding in the business. The report segregates the life insurance policy administration system market based on component, deployment type, policy administration category, end-user and module across different regions globally.
Key players are introducing technologically advanced life insurance policy administration system tools for the maintenance and administration of policies. Regions such as Europe are witnessing a rapid change in their economy as well as a rural to urban shift.

Developing countries such as SEA and Japan are witnessing rapid urbanization and growth in disposable income. These changes are creating significant demand for the deployment of life insurance policy administration systems in numerous industry sectors such as insurance companies, banks and others, which is, in turn, expected to lead to an increase in the adoption of life insurance policy administration systems due to increasing applications and multiple benefits.

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Key Segments Covered
  • Deployment type
    • SaaS
    • On-premise
  • Component type
    • Software
    • Services
      • Managed services
      • Professional services
  • Policy Administration Category
    • Policy Lifecycle
    • Underwriting
    • Contract changes
    • Claim Settlement
    • User experience
    • Others
  • End-user
    • Insurance companies
    • Banks
    • Others
  • Module
    • CRM
    • Product Development
    • Training & Development
    • Business Intelligence
    • Others
Key Regions Covered
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • BENELUX
    • Rest of Europe
  • SEA and Other Asia Pacific
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of SEA & other APAC
  • China
  • Japan
  • Middle East & Africa
    • North Africa
    • South Africa
    • GCC
    • Turkey
    • Rest of Middle East & Africa
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Key Players

  • Accenture Plc
  • Concentrix Corporation
  • Oracle Corporation
  • DXC Technology Company
  • InsPro Technologies LLC
  • EXL Service Holdings, Inc.
  • FAST Technology
  • Infosys Limited
  • Sapiens International Corporation
  • Majesco
  • Mphasis Wyde
  • Capgemini
  • Andesa Services

Monday, December 23, 2019

Prison Management Systems Market is Foreseen to Expand CAGR 5.3% by 2026

Persistence Market Research (PMR) recently published a report titled “Prison Management Systems Market – Global Industry Analysis 2013-2017 and Market Forecast 2018-2026.” The adoption of prison management systems is increasing owing to an increase in adoption of security systems in government organizations. Prison management systems provide features where a prison warden can access and update inmate details, register a new inmate, and perform other activities. The global prison management systems market is expected to grow at a CAGR of 5.3% during the forecast period. The prison management systems market was valued at US$ 1,763.0 Mn in 2017, and is projected to grow significantly to reach US$ 2,809.8 Mn by 2026 due to the rising digitalization of various government entities and public security bodies.

In this report, PMR has segmented the global prison management systems market on the basis of component, application, and region. By component, the prison management systems market is sub-segmented into hardware infrastructure and software infrastructure. Due to the increasing demand for advanced access control equipment, the hardware infrastructure sub-segment of the prison management systems market was valued at 1,101.3 Mn in 2017. The hardware infrastructure sub-segment of the prison management systems market is also projected to grow at a moderate growth rate during the forecast period.

Furthermore, governments in developed and developing countries, such as the U.S., India, the UK, China Germany, and Japan are taking initiatives to develop advanced public security infrastructure, which includes the installation of prison management systems. Governments in these countries also developing smart cities. With these factors, the hardware infrastructure sub-segment is also expected to create potential opportunities for the vendors of prison management systems. In addition, the increasing usage of cloud-based services for multiple workloads in prison management, such as cell maintenance, check in/out, commissary management, incarceration records, inmate accounting, data backups, and collaboration services, is also expected to drive the global prison management systems market over the forecast period.

Based on application, the prison management systems market is sub-segmented into video surveillance, intrusion detection, access control, alarms & notification, prison administration, prisoner information management, and others. Due to the increasing demand for access control equipment and biometric devices, the access control sub-segment of the prison management systems market is expected to register a high CAGR of 5.8% during the forecast period. In the recent years, advanced video surveillance equipment has witnessed a quantitative rise in demand, hence, the video surveillance sub-segment of the prison management systems market is projected to create potential growth in the prison management systems market. In the recent past, it has been observed that developed countries as well as developing countries have started investing on public security infrastructure, which includes the installation of prison management systems in jails. These factors are expected to boost the global prison management systems market in near future.

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Furthermore, on the basis of geography, the North America prison management systems market is expected to dominate the global prison management systems market due to advancements in next-generation communication and cloud technologies in the U.S. The region has witnessed the widespread deployment of mobile technologies and virtual storage technologies in the past couple of years. These factors are fuelling the growth of the prison management systems market in North America. The prison management systems market has high potential in Europe owing to exponential growth in the amount of information available on social media. The prison management systems market has witnessed substantial growth in China owing to major technological advancements in the field of public security by the Chinese government.

China is now the most connected country in the world. In the recent years, the prison management market in SEA & Others of SEA has witnessed significant growth. The SEA and Others of SEA prison management systems market will be a target market for companies that provide prison management systems because governments in the region are creating digital public infrastructure. The Latin America prison management systems market is estimated to grow with a moderate CAGR over the forecast period. Furthermore, the Japan prison management systems market is projected to exhibit a single-digit growth rate during the forecast period.

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According to PMR analysis, long-term contracts with business partners are likely to increase revenue, and new innovation strategies are estimated to enable the vendors of prison management systems to reach new growth markets. Some of the market participants in the global prison management systems market report include :

  • Axis Communications AB
  • Bosch Security and Safety Systems
  • Cisco Systems, Inc.
  • Fujitsu
  • Huawei Technologies Co., Ltd.
  • IBM
  • Montgomery Technology, Inc.
  • NEC
  • Spillman Technologies, Inc.
  • Sun Ridge Systems, Inc.
  • Thales Group
  • Tyler Technologies Inc.

Energy Harvesting Market Expected to Account CAGR 9.9% by 2028

Persistence Market Research (PMR) recently published a report titled “Energy Harvesting Equipment Market – Global Industry Analysis 2013-2017 and Forecast 2018-2026.” Energy harvesting equipment has witnessed an upsurge in the past three years with increasing digitalization as well as the growing adoption of green energy.

The global energy harvesting equipment market is expected to register a CAGR of 9.9% during the forecast period of 2018 to 2028. North America, SEA & others of APAC, and Western Europe are expected to account for an approximate market share of 50% by the end of the forecast period.
In this report, PMR has segmented the global energy harvesting equipment market on the basis of energy source, end user, industry vertical, product category, and region. With respect to the energy source, the thermoelectric sub-segment is expected to register the highest growth in the global energy harvesting equipment market.

 Under the end user segment, the commercial subsegment is expected to dominate the global energy harvesting equipment market throughout the forecast period. On the basis of industrial vertical, the home & building automation subsegment is expected to register the highest market share in the global energy harvesting equipment market by the end of the forecast period. On the basis of the product category, the energy harvesting ICs subsegment is expected to witness a higher growth rate as compared to other products.

In the coming years, small and medium enterprises are expected to be the top adopters of energy harvesting equipment. Energy harvesting equipment helps enterprises improve their business functionality by minimising operating costs of electricity and improving productivity. Investments in energy harvesting equipment are witnessing significant growth. These factors are expected to boost the energy harvesting equipment market across the globe. Furthermore, energy harvesting equipment has also been adopted by various governments for producing green energy with the help of different energies captured from ambient energies.

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The global annual revenue from the deployment of energy harvesting equipment devices is expected to be valued at US$ 2,670.5 Mn by the end of 2028. The dominant regions, i.e. North America, China, SEA & others of APAC, and Western Europe, are expected to collectively account for a majority share of the global energy harvesting equipment market. The energy harvesting equipment market in Latin America economies and China are likely to dominate the global energy harvesting equipment market over the forecast period. Energy harvesting equipment is adopted by several organisations in the recent years and many more organisations are expected to adopt this technology in the near future. One of the major factors driving the global energy harvesting equipment market is the digital transformation that is gaining traction in manufacturing, retail, IT, education, and wholesale industries.

Furthermore, on the basis of geography, the North America energy harvesting equipment market is expected to dominate the global energy harvesting equipment market due to high adoption of green energy developing equipment in the U.S. and the availability of resources for offering advanced energy harvesting equipment experience to the end-users in the region. The launch of advanced intelligent energy harvesting equipment by providers as well as strategic collaborations, acquisitions, and mergers will help increase the overall corporate revenue in the global energy harvesting equipment market. These factors are fuelling the growth of the energy harvesting equipment market in North America. Moreover, the Energy Harvesting Equipment market has high potential in SEA & Other of Asia Pacific, Latin America, and China owing to the increasing adoption of government and public initiatives in the regions.

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According to PMR analysis, increasing awareness about the adoption of green energy, high growth opportunities across developing countries, and an increase in the number of new service providers of energy harvesting equipment are some of the factors that are likely to increase revenue and new innovation strategies to enable the manufacturers of energy harvesting equipment to reach new growth markets. Examples of some of the market participants in the global energy harvesting equipment market report are Tigo Energy, Inc.; greenTEG; EnOcean GmbH; Murata Manufacturing Co., Ltd.; Ocean Harvesting Technologies AB; UTAG Green Energy Technologies Inc.; ReVibe Energy; SolarEdge Technologies Inc.; Renesas Electronics and Cymbet Corporation.

Wireless Audio Device Market Will Reach CAGR 11% by 2029

Global sales of wireless audio devices surpassed the market value of US$ 2.5 Bn in 2018, predominantly driven by rapid expansion of music industry and flourishing prospects of the music streaming space. To cater to increasing customer demand for online audio streaming, leading vendors of wireless audio devices are focusing on product innovation. Moreover, the market is recently witnessing introduction of innovative online music streaming services that offer high-definition (HD) and high resolution (Hi-Res) audio. This, as suggested by a new Persistence Market Research (PMR) study, will push the growth of wireless audio devices market at a double-digit CAGR over 2019 – 2029.

A radical shift of industry from wired to wireless complements the projections that the gadget world will go wireless soon. As the global audio accessory space has been flooding with wireless earphones and pods that continue to garner massive interest from smartphone companies, the global market for wireless audio devices will be on an upward trend over the foreseeable future.
Key Takeaways - Wireless Audio Devices Market Study
  • Exponential smartphone sales account for maximum demand for wireless earphones that would make up for nearly a fifth of overall sales by 2029, are projected for a striking CAGR during the forecast period.
  • Rapid penetration of mobile devices supporting adoption of portable Bluetooth speakers would remain notably high in Asia Pacific.
  • Discounted offers by leading online retailers on a wide variety of wireless audio devices significantly contribute to sales of wireless audio devices.
  • Considerable adoption of wireless audio technology for applications such as in-car infotainment systems is also driving market growth.
  • Pairing of various portable wireless speakers into a single device has been a trend when it comes to multi-room music distribution. In line with the surge in demand for multi-room music system, sales of wireless audio devices will also be on an upward trend in the near future.
  • Customers are increasingly demanding a variety of music streaming features such as high audio quality, easy accessibility on multiple platforms, and playlist customization.
  • The latest trend of truly wireless has been taking the industry by storm. Global leaders such as OnePlus are working with truly wireless earbuds, which would be available on the market in the near future.
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New market entrants continue to focus on integrating the trending next-generation technologies such as Artificial Intelligent (AI) and Natural Language Processing (NLP) to offer advanced wireless audio devices at competitive prices. This would significantly push the adoption of wireless audio devices through the next decade.

Enhanced Wi-Fi Capabilities Arguing Well for Market Growth

Demand for wireless-enabled audio devices such as headphones, speakers, microphones, and sound-bars is increasing at a remarkable pace. Technological advancements in Wi-Fi capabilities like Wi-Fi direct with its multi-role, and multi-channel functionality tend to significantly enhance the user experience of their offerings in new generation of wireless audio devices category. Amazon Company introduced Alexa in September 2018 with an intent to offer entertainment features such as Amazon Music, TIDAL, new release notification, and right-left stereo pairing.
Recent Developments
  • Apple recently unveiled its brand new AirPods Pro and Samsung already has its wireless Galaxy Buds.
  • Realme is also set to launch its new wireless earbuds in certain Asian markets.
  • In August 2019, the Bose Corporation, a leading manufacturer of wireless audio devices and software test solutions, introduced the portable home speaker with combine benefits of improved battery power, ease of voice control, etc.
  • Earlier in January 2019, the KLIPSCH, announced the new product of small wireless in ear headphones that allows people to premium sound and listen comfortably solutions.
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Know More About What the Report Covers

This PMR research study on the global wireless audio devices market includes global industry analysis for 2014–2018 and opportunity assessment for 2019–2029. The report provides valuable insights on the basis of product (earphones, headphones, and portable speakers), technology (Wi-Fi, Bluetooth, and others), distribution channel (organized retail, unorganized retail, and online/e-Commerce), and end users (residential and commercial), across seven major regions.

For additional information, write to media@persistencemarketresearch.com

About Electronics & Smart Devices Division at PMR

Expert analysis, actionable insights, and strategic recommendations – the Electronics & Smart Devices team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductor & ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductors and ICT industry.

Tape Storage Market to Surpass CAGR 7.9% by 2026

Persistence Market Research (PMR) recently published a market study titled “Tape Storage Market – Global Industry Analysis 2013-2017 and Forecast 2018-2026.” Tape storage technology finds common applications in small, medium, and large enterprises for the purpose of data back-up and data archiving. Tape storage equipment facilitates the back-up and archival of enterprise-grade digital data on a high-capacity magnetic tape. The tape storage technology is based on the traditional concept of digital information storage.

The technology is well-suited for enterprise-grade digital data archival owing to features such as high data storage capacity, low procurement expenditure & power consumption, and long-term durability. In the tape storage market, several established vendors are offering specialized tape storage for different end-user verticals, such as government & defense, oil & gas, healthcare, research & academia, media & entertainment, BFSI, and IT & telecommunication.

The global tape storage market was valued at US$ 5,799.4 Mn in 2017. By the end of the forecast year 2026, the global tape storage market is expected to reach a market value of US$ 6,527.2 Mn. In the global tape storage market report, Persistence Market Research has segregated the global tape storage market by technology, by end user, by industry, by component, and by region. By technology, the global tape storage market can be segregated into SDLT, DLT IV, DDS-1, DDS-2, DDS-3, DDS-4, LTO-1 to LTO-5, LTO-6, LTO-7, and LTO-8. These tape storage technologies prevent the information stored on the tapes from falling prey to cyber-attacks as they are not connected to the network infrastructure of the enterprise. Tape cartridge and tape drive roadmaps are expected to continue the trend of supporting capacity doubling upgrades in a 24-month to 30-month cycle for 2+ generations in the tape storage market. Owing to these factors, LTO-7 and LTO-8 technology formats of tape storage are estimated to record growth rates of 2.0% and 7.9% respectively during the forecast period.


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Based on end users, the global tape storage market is sub-segmented into enterprises, data centers, cloud providers, among other tape storage end users. The enterprise sub-segment is further classified into large enterprises and small & medium enterprises. As compared to the adoption rate expected from SMEs, large enterprises are estimated to record a larger market share by the end of the forecast period. The continuous rise in enterprise-grade digital data volumes and high digital data storage capacities offered by tape storage technology are estimated to be the primary drivers of the global tape storage market.

Geographically, the tape storage market in North America is estimated to continue holding the largest market share of the global tape storage market by the end of the forecast year 2026 due to the high adoption of next-generation tape storage technologies in the region, especially in the U.S. The tape storage market in the Southeast Asia and Others of Asia Pacific region is expected to hold the second largest share of the tape storage market and is estimated to be the target market for established market players.

According to PMR analysis, various motion picture production organizations are recording their footage media on tape to minimize expensive failures with flash drives as well as hard disks. Scientific research organizations leverage the back-up speeds and capacity of tape storage equipment to store the mass-produced data generated in a few microseconds. The oil and gas industry has been using the tape storage technology for several years for the storage and transportation of valuable data.

Tape storage is an appropriate choice as it makes the transportation of data possible as processes such as oil exploration occur “out on the field” outside the data center. Some of the key market participants in the global tape storage market report are Spectra Logic Corporation, Sony Corporation, Seagate Technology PLC, Quantum Corporation, Qualstar Corporation, Overland Storage, Oracle, Lenovo, IBM Corporation, Hewlett Packard Enterprise Development LP, Fujifilm Holdings Corporation, and Dell Inc.

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Push-to-Talk over Cellular Market to Surpass CAGR 9.7% by 2029

Persistence Market Research (PMR) recently published a report titled “Push-to-Talk Over Cellular Market – Global Industry Analysis 2013-2017 and Market Forecast 2018-2026.” Push-to-talk over cellular is a way of communicating via a cellular phone within or between one or several groups of users. Some of the key advantages of push-to-talk over cellular as compared to traditional technologies is the quick call setup and a wide network range.

The global push-to-talk over cellular market is expected to grow at a CAGR of 8.5% during the forecast period. The push-to-talk over cellular market was valued at US$ 2,741.4 Mn in 2017, and is projected to grow significantly to reach US$ 5,658.0 Mn by 2026 due to an increase in the demand for next-generation LTE networks across the globe.

In this report, PMR has segmented the global push-to-talk over cellular market on the basis of component, industry, and region. By component, the market is subsegmented into equipment, software, and services. The equipment segment is further subsegmented into mobile devices, network devices, and accessories. The services segment is also further subsegmented into network services, integration & deployment services, and maintenance & support services.

The increasing penetration of IoT devices in various industry verticals is encouraging mobile device manufacturers to integrate push-to-talk over cellular software in these devices. Owing to this factor, the software subsegment is projected to register more than 30% of the market share at the end of 2018 in the global push-to-talk over cellular market. Moreover, the software segment is expected to grow at a relatively higher CAGR as the demand for push-to-talk over cellular software is growing rapidly in various countries, such as India, U.K., and China, due to a continuous increase in the number of mobile workforce.

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Apart from this, the services segment is also expected to witness a high growth rate during the forecast period as the demand for integration & deployment services and maintenance & support services for push-to-talk over cellular solutions is growing rapidly in various developing countries around the world.

Based on industry, the push-to-talk over cellular market is subsegmented into public safety & security, construction, energy & utility, transportation & logistics, manufacturing, defense, travel & hospitality, and others. Rising demand for push-to-talk over cellular for public safety & security applications and advancements in mobile communication technologies are some of the major factors boosting the growth of the public safety & security subsegment. In addition, the presence of next-generation wireless networks and the deployment of 5G networks across the globe are also some of the factors driving the push-to-talk over cellular market.

Furthermore, on the basis of geography, the North America push-to-talk over cellular market is expected to dominate the global push-to-talk over cellular market due to advancements in next-generation communication technologies in the country. The region has witnessed the widespread deployment of IoT and ultrareliable low-latency communications technologies in the past couple of years. These factors are fuelling the growth of the push-to-talk over cellular market in North America. The push-to-talk over cellular market has high potential in Europe owing to major technological advancements in the telecommunication industry and increasing mobile workforce in various countries of the region.

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According to PMR analysis, long-term contracts with business partners are likely to increase revenue and new innovation strategies are estimated to enable push-to-talk over cellular vendors to reach new growth markets. Some of the market participants in the global push-to-talk over cellular market report includ:
  • AT&T
  • Motorola Solutions
  • Azetti Networks
  • Qualcomm
  • Servicom
  • Simoco Wireless Solutions
  • Samsung
  • GroupTalk
  • NexusTalk
  • Kyocera Corporation
  • Sonim Technologies Inc.
  • Telo Systems Corporation Limited
  • AINA Wireless
  • SIYATA Mobile

Friday, December 20, 2019

Electrical Compliance And Certification Market Expected to Be Valued CAGR 9% by 2029

According to a new research study by Persistence Market Research (PMR), the electrical compliance and certification market is likely to witness a US$ 2 Bn incremental opportunity during 2019 and 2029. Growing focus on certification by commercial end-users is likely to create significant opportunities for vendors during the forecast period, according to the study.

pr image electrical compliance and certification market

Advancements in quality control and equipment testing technologies have helped radically revolutionize several industry verticals in developing as well as developed economies. Several electrical compliance and certification service providers are making heavy investments in order to fulfill the growing demand for innovative and efficient electrical compliance and certification solutions in East Asia, South Asia, and Middle East & Africa.

Persistence Market Research has segmented the global electrical compliance and certification market by certificate type, certificate scheme, industry, end-user, and region. Among all the industries procuring electrical compliance and certification services, the construction and engineering industry is projected to offer an opportunity worth nearly US$ 400 Mn in the global electrical compliance and certification marketplace. The construction and engineering industry is estimated to remain the most lucrative industrial segment during the forecast period in the global electrical compliance and certification market.

The commercial end user segment is estimated to offer the most attractive opportunity during the forecast period. High demand for public and employee safety is expected to enable the commercial end user segment to contribute the highest to the revenue growth in the global electrical compliance and certification market by the end of the forecast period. Residential end-users of electrical compliance and certification services are estimated to register the second highest CAGR during the forecast period owing to stringent standards legislated by local and national governments.

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Globally, compliant management system certification scheme is estimated to be in high demand during the forecast period. However, among all the certification schemes, occupational health and safety management certification scheme is estimated to record the highest market share throughout the forecast period owing to the high demand for accurate electrical compliance and certification in commercial and industrial sectors.

Electrical installation certificate type is estimated to continue holding the largest market share of the global electrical compliance and certification market throughout the forecast period. However, among all the certificate types, electrical installation condition report type is estimated to record the highest CAGR in the global electrical compliance and certification market.

The electrical compliance and certification market in Southeast Asia is projected to offer the highest incremental opportunity during the forecast period, followed by the Eastern European electrical compliance and certification market. The electrical compliance and certification market in Latin America is projected to record the highest CAGR during the forecast period.

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Global spending on laboratory testing, compliance and R&D is rising every year due to the ever-rising demand for public and labor safety in residential, commercial and industrial sectors. The global electrical compliance and certification market is experiencing a steady growth with the continuous upgrades made to existing electrical standards and regulations by local and national governments.
Some key players in the global electrical compliance and certification market study include Eurofins Scientific; MET Laboratories, Inc.; Bureau Veritas Group; TÜV SÜD; Element Materials Technology; SGS SA; SIS Certifications Pvt. Ltd.; Intertek Group plc; The British Standards Institution; SAI Global Pty Limited; and The Techno Group, among others.

Thursday, December 19, 2019

Explore Push To Talk Over Cellular Market Set to Attain CAGR 9.1% in Revenues by 2029

According to a new research study by Persistence Market Research (PMR), collaborations and partnerships between push-to-talk services providers and mobile device manufacturers are expected to create a significant opportunity for vendors. The report opines that these partnerships can also assist push-to-talk over cellular solution providers to expand their businesses into different regional markets to increase their sales. The report estimates the global push-to-talk over cellular market sales to grow at 9.7% CAGR during the assessment period.

push to talk over cellular market.jpg

Continuous innovations in the push-to-talk over cellular technology have helped revolutionize several verticals in various developing as well as developed regions. Several push-to-talk over cellular solution vendors are making significant investments to fulfill the growing requirement of innovative and efficient push-to-talk over cellular solutions in East Asia, Europe, and South Asia.

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The global push-to-talk over cellular market is projected to offer a total incremental opportunity worth over US$ 5,368.3 Mn during the forecast period of 2019 to 2029.

Among all the push-to-talk over cellular based components, services sub-segment is estimated to offer an incremental opportunity worth nearly US$ 1,829.6 Mn. The services segment is estimated to remain the most attractive during the assessment period.

The public safety and security industry vertical is estimated to continue holding the largest market share of the global push-to-talk over cellular market throughout the forecast period. The segment is also estimated to register the highest incremental opportunity in the global push-to-talk over cellular market during the forecast period. However, among all the industry verticals in the global push-to-talk over cellular market, the transportation and logistics industry vertical is also projected to register the significant CAGR during the projection period.

The push-to-talk over cellular market in North America is projected to offer the highest opportunity during the forecast period, followed by the European push-to-talk over cellular market. The push-to-talk over cellular market in East Asia is expected to record the third-highest incremental opportunity during the forecast period. Moreover, the push-to-talk over cellular market in East Asia is anticipated to grow at a high CAGR during the forecast period.

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Global spending on ICT is rising every year due to the ever-rising demand for technology products, such as consumer electronics, software, software-dependent devices. The global push-to-talk over cellular market is also experiencing significant growth with the accelerated launch of new ICT technologies since the past three years.

As the usage of the mobile device has increased, the demand for push-to-talk over cellular has also increased. Moreover, push-to-talk over cellular technology is used to provide one-touch communication across a group of people. Thus, collaborations with smartphone manufacturers are likely to help push-to-talk solutions providers combine push-to-talk over cellular functionality in one device, which is expected to boost operational efficiency. Opportunities for the growth of the push-to-talk over cellular market are also related to the generation of a solution that keeps up with the security issues as well as keeps the solutions in-line with the laws and regulations governing the market.
Some of the key players in the global push-to-talk over cellular market research report include AT&T, Sprint Corporation, Motorola Solutions, Azetti Networks, Simoco Wireless Solutions, Bell Canada, Qualcomm,  GroupTalk, Kyocera Corporation, Sonim Technologies Inc., AINA Wireless and others.

The market study on push-to-talk over cellular market offers a detailed analysis on the key strategies of some of the key vendors in this marketplace. The vendors are focusing on strategic expansion, mergers & acquisition, and foraying into untapped markets to consolidate their position. The competition structure section of the report also offers in-depth analysis on the market shares of some of the leading players in the market. In addition to market shares, a comparative assessment with regards to product penetration and risk-appetite has also been included in the study.

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Wednesday, December 18, 2019

Boundary Scan Hardware Market Expected to Account for CAGR 6% by 2029

Prominently driven by increasing usage of boundary scan solutions for printed circuit board (PCB) and integrated circuit (IC) developments, global boundary scan hardware market generated revenues worth US$ 1.3 Bn in 2018. High demand for new and advanced testing equipment, and adoption of these hardware in embedded instruments will also be the important factors driving boundary scan hardware installation in the near future.

As per the findings of a new report of Persistence Market Research (PMR), the increasing number of small-sized companies that cannot afford expensive in-circuit testers are opting for boundary scan hardware. This has been a key booster to the market growth in the recent past.

Key Takeaways - Boundary Scan Hardware Market Study
  • Production test, on-board device programming, and design verification require the usage of boundary scan controllers
  • Boundary scan hardware is highly versatile and can be utilized in the entire production processes, which include emulation, in-system, and on-chip programming
  • Boundary scan is scalable high-performance platform for testing and scan operations.
  • Boundary scan input/output pins are used as an alternative of expensive digital pin electronics.
  • The demand for boundary scan hardware in the aerospace & defense industry is projected to increase at a striking CAGR of 7% during the forecast period
  • Implementation of boundary scan hardware is expected to be high in North America, owing to advancements in measuring and testing equipment
Production test systems are subjected to boundary scanning tests that are developed using solutions from boundary scan manufacturing organizations. These tests eliminate logistical and fixture problems. Manufacturers are likely to deploy more boundary scanning systems in order to facilitate efficient scan tests for large-scale end-use industries such as aerospace and defense.

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Technology Penetration and Subsequent Innovations

On-going offering of boundary scan hardware as more effectiveness and speed of product testing in various companies make engineers’ tasks more efficient and straightforward. In July 2019, the XJTAG Limited, a leader in boundary scan hardware and software test solutions, announced the release of its latest software that supports engineers develop a better test operations and programs more efficiently. In August 2018, JTAG introduced a new series of embedded solutions platform SCANFLEX II. SCANFLEX II creates a uniform control platform with up to 12 independent and truly parallel test access ports. SCANFLEX II is the new generation modular boundary scan controller.

More Insights on Boundary Scan Hardware Market Report

This research report provides detailed analysis on the global boundary scan hardware market and offers insight on various factors due to increasing demand for boundary scan hardware. To understand opportunities, the market is segmented on the basis of component (controllers, TAP pods, I/O modules, accessories, and other instruments), and industry (medical, IT & telecom, consumer electronics, automotive, and aerospace & defense), across seven major regions.

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Explore Flashlight Market Set to Attain CAGR 8% in Revenues by 2029

Demand for LED flashlight is increasing, owing to the requirement of energy efficient lighting systems in commercial buildings. While energy efficiency of lighting systems is critical to conform to the government regulations regarding commercial construction projects, it is further complemented by restrictions on adoption of incandescent lighting products. Increasing implementation of minimum standards for the efficiency of lighting products will remain a prominent factor driving the demand for LED flashlight in the near future.

A new report of Persistence Market Research (PMR) indicates that the global flashlight market is set to witness robust growth at a CAGR of ~8% during 2019 – 2029. The report suggests that the market revenues reached US$ 5 Bn in 2018 and remarkable rise in flashlight sales for outdoor recreation activities will further propel market growth. Breakneck penetration of LED technology will be pivotal in shaping the flashlight market over the course of next decade.

Key Takeaways – Flashlight Market Study
  • Traditionally, incandescent bulbs have a shorter lifespan, and last for 6-7 hours before they get burned out and need replacement of batteries. LED flashlights, on the other hand, are shock-proof and water-resistant, and exhibit an enduring battery life of up to 100,000 hours.
  • High demand for Everyday Carry flashlights is expected to prevail in residential sector. These flashlights are multifunctional and can be charged by plugging them into an electrical outlet. They are lightweight, durable, and handy.
  • Lack of standardization in technology and components used in manufacturing of flashlights and other LED lighting devices continues to lead to high product and price differentiation. This is restricting market growth to a certain extent.
  • Demand for flashlight is particularly projected to remain higher in home inspection applications.
  • Asia Pacific is creating substantial penetration opportunity for flashlight market players, as a sizeable portion of the Asian population is still untapped as is unaware of products such as LED flashlights, torches, and lanterns.
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Growing adoption of explosion-proof LED flashlights marks an important trend in market. As governments are limiting the use of mercury vapor lamps at chemical plants and other similar industrial environments, several leading players are already focusing development strategies on these explosion-proof LED flashlights. Earlier this year, Larson Electronics launched a UL-certified portable explosion-proof LED light. This flashlight is approved for class 1, division 1 and 2, and class lll locations.

Home Inspection and Homeland Security Key Growth Contributors

Currently, application of flashlight in home inspection and homeland security collectively accounts for over 48% share in the total market value. These are expected to remain the most lucrative application areas for flashlight manufacturers and other market stakeholders. However, the study also indicates a healthy rate of flashlight adoption for outdoor recreational activities which roughly represents 20% of overall sales as of 2018 end. During the projection period, this will be one of the key application areas of flashlights which are witnessing steadfast growth in sales.

Gain More Valuable Insights on Flashlight Market

This research report provides detailed analysis on the global flashlight and offers insight on various factors, owing to its increasing demand. To understand opportunities of flashlight, the market is segmented on the basis of product (LED flashlights, incandescent flashlights), end user (residential, industrial) and application (homeland security, home inspection, outdoor recreation activities, construction and auto repairing, hospital visits, gaming), across seven major regions.

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For additional insights on the various other push & pull factors influencing flashlight market growth, write in to the analyst at media@persistencemarketresearch.com

About ICT and Telecommunication Division of Persistence Market Research
Expert analysis, actionable insights, and strategic recommendations – the ICT and Telecommunication team at PMR helps its clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductor & ICT, 100+ reports specific for flashlights, with studies majorly focusing on LED technology, the team provides end-to-end research and analysis on research development efforts, major trends, drivers that are impacting market growth.

Vehicle To Infrastructure Communication Market Expected to Account for CAGR 21% by 2029

Continuously increasing volume of data to be analyzed in advanced ways is expected to increase the need for more telematics service providers in the foreseeable future. The global vehicle-to-infrastructure communication market, valued at US$ 900 Mn in 2018, will expand at a stupendous CAGR between 2019 and 2029.

Consumers with high disposable income are adopting intelligent vehicles. With advancements in vehicle-to-everything (V2E) technology, automation systems are capable of generating more data. Predictive analysis can be facilitated in the automotive industry with incorporation of automated real-time telematics. Also, implementation of Intelligent Transport System (ITS) technology is boosting telematics growth.

However, lack of infrastructural development in yet to develop economies and high expenditures required for replacing the existing infrastructure with its smarter variants are key factors restricting the growth of the global vehicle-to-infrastructure communication market.

Key Takeaways - V2I Communication Market Study
  • Driverless or autonomous vehicles are estimated to create lucrative opportunities for players in global vehicle-to-everything (V2E) space.
  • While the U.K. is soon to be the hub for vehicle-to-infrastructure communication, driven by auto giants’ efforts, industry behemoths such as Ford, Jaguar, Land Rover, and Arup Group are investing to develop and improve driverless car technologies.
  • Importance of remote vehicle diagnostics has been slowly increasing and it identifies mechanical or electrical problems in vehicles. Identified problems are then automatically transmitted to manufacturer service organizations.
  • Previously, dealers of OEMs used to take care of customer relationship management. They have implemented connected customer relationship services, because of which they are able to connect directly with customers.
Customers are opting for ecologically sustainable products such as smart electric automobiles. With evolution in consumer sentiments and the subsequent transformations in technology, automakers are zooming in their focus on customization and aestheticism. This will motivate manufacturers to expand their portfolio and deploy target consumer-specific solutions from the V2I communication space.

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Who Are Spearheading the Game of Technological Innovation?

Key participants in the global vehicle-to-infrastructure communication market are Qualcomm Technologies, Inc.; Intel Corporation; NXP Semiconductors; Broadcom; AT&T, Inc.; Verizon; MediaTek Inc.; Delphi Technologies; Infineon Technologies AG; Savari, Inc.; Quectel Wireless Solutions Co., Ltd.; Unex Technology Corp.; 3M; and Telefonaktiebolaget LM Ericsson, among others.

These market participants captured 60% of the global vehicle-to-infrastructure communication market in 2018. Companies are focusing on R&D of new technologies to integrate into their vehicular connectivity solutions, in order to ascertain their leadership in the vehicle-to-infrastructure communication market during the forecast period.

Earlier in 2019, Qualcomm launched the third generation Snapdragon Automotive Cockpit platform. This is a multi-tiered platform aimed at getting the company’s technology integrated in all vehicle classes.

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Know More About What the Report Covers

PMR offers an unbiased analysis and forecast of the global vehicle-to-infrastructure communication market, analyzing historical demand from 2014 - 2018 and offering forecast statistics for the period 2019 - 2029. The research unravels growth projections of the vehicle-to-infrastructure communication market on the basis of technology (DSRC, cellular, Wi-Fi, WiMAX, and Bluetooth), and component (hardware, software, and services), across seven major regional markets. The vehicle-to-infrastructure communication hardware sub-segment is further segregated into telematics unit, roadside unit, and on-board unit.

To gain additional insights on V2I communication market, write in to the analyst at press@persistencemarketresearch.com

About IT & Telecommunication Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations - the IT & Telecommunication team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductor & ICT, we offer a range of consulting and research services for businesses, with opportunities in the IT & telecommunication sector and wireless technologies. With analytical capabilities of our in-house industry experts, we help clients in developing successful operational plans and strategies.

Baby Teeth Care Products Market to Incur Rapid Extension During 2029

Baby Teeth Care Products Market: Overview

Oral diseases are the most common diseases that affects half of the population in the world. Early childhood caries (ECC) or baby bottle tooth decay is the primary concern for baby oral care. The bacteria that are responsible for tooth decay, gets transmitted to infants through kissing or sharing spoon. Rising awareness among parents for baby care products drives the baby teeth care market. Baby bottle tooth decay or ECC is often found in case of infants and toddlers. Children younger than two years are often suffered by this prevalent disease (ECC). Companies like Colgate-Palmolive often educates consumers about ECC and preventive measures to avoid it. Therefore, preventive measures from ECC will drive the demand for baby teeth care products in the market. Baby teeth care starts from caring baby’s gum as it acts as a placeholder for teeth.

Baby Teeth Care Products Market: Market Dynamics

Due to food swallowing nature of babies under the age of 2 years, they are more prone to tooth decay or ECC diseases. Thus, dentists recommend using of cavity-preventing fluoride toothpaste. In response to the concern over enamel fluorosis, which rises due to fluoride, some manufacturer launched low fluoride ‘paediatric’ toothpaste containing less than 600 ppm fluoride.  Generally, there are several types of baby teeth care products available in the market. A key factor driving the growth of baby teeth care products market is the increasing awareness to reduce the incidences of early childhood caries (ECC) or baby bottle tooth decay.

Baby Teeth Care Products Market: Recent Developments

Colgate as a manufacturer of oral hygiene products, it produces baby teeth care products such as Colgate Smiles Baby Toothpaste (0-2Y). The company also helps the society to increase the awareness about baby teeth care and related diseases. In baby teeth care products category, some companies are also comping up with innovative baby wipes. In 2018, Bey Bee launched toxin free baby wipes first in India.

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In 2018, A Tucson, AZ, pediatrician had introduced wipes for babies which are intended to fight cavities.

Baby Teeth Care Products Market: Market Segmentation

The baby teeth care products market is segmented into different categories based on the product type, price range, application, and sales channel.

On the basis of product type, the global baby teeth care products market has been segmented as
  • Tooth brush
  • Tooth paste
  • Dental Wipes
On the basis of price range, the global baby teeth care products market has been segmented as
  • Economy
  • Mid-Range
  • Premium
Based on application, the global baby teeth care products market is segmented into:
  • Household
  • Commercial
On the basis of the sales channel, the global baby teeth care products market has been segmented as
  • Direct
  • Indirect
    • Hypermarket/Supermarket
    • Specialty Stores
    • Independent Stores
    • Pharmacy Stores
    • Online Retailers
Baby Teeth Care Products Market: Regional Outlook

The baby teeth care products market is expected to register a healthy growth across all the geographies during the forecast period. The ECC and other dental related diseases are likely to drive market for baby teeth care products. China and India which are considered as emerging countries, have larger population with oral diseases such as tooth decay, periodontal disease in babies etc. As per FDI World Dental Federation, more than 3 billion people are affected by oral diseases and this number is also high for babies. As a preventive measures, parents are now focused on baby teeth care products which further drives the baby teeth care products market. The U.S. accounts for major market share for baby teeth care products due to major presence of manufacturer over there, better technology infrastructure, increase in adoption in innovative and baby care products and rising awareness about baby gum & teeth related diseases.

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Additionally, other developed regions such as Europe and Oceania are projected to showcase steady growth in the global baby teeth care products market due to growing awareness among parents, and growth in hospitals.

Baby Teeth Care Products Market: Key Players

Some of the key players operating in the global baby teeth care products Market are NUK, The Brushies, Baby Banana, Jordan Toothbrush, Colgate, Oral-B (P&G), Oragel, Tom's, Jack n' Jill, Kiss My Face, Weleda Calendula, Babyganics, Nuby and others.

Tuesday, December 17, 2019

Sickle Cell Retinopathy Treatment Market to Incur Rapid Extension During 2029

In sickle cell retinopathy disease, vitreous hemorrhage resulting from proliferative sickle cell retinopathy is the primary cause of reduced acuity. The sickle cell retinopathy treatment strategy is based on closing the sea fan (Gorgonia flabelum). Patients in stages I and II are barred from treatment because treatment associated with ischemic retina is ineffective in limiting the formation of Sea fan (SF), and the majority of patients do not develop Sea fan or its complications. The treatment is still considered controversial because many Sea fan degenerate spontaneously, especially in older SS genotype patients, in whom the incidence of blindness is very small.

Therefore, the recommended approach is to treat Sea fan in all SC patients and SS genotype patients below 40 years of age with sectorial technique. Patients with visual acuity impairment and recent vitreous hemorrhage cases are usually tracked for at least 7-8 months to allow extemporaneous clearing. cryotherapy or photocoagulation can be performed when the visibility permits it. The current advancement in Sickle cell retinopathy treatment symptomatically in rapidly recovering the vision disturbance in the eye is anticipated to increase the adoption of Sickle cell retinopathy treatment in treatment providers.

The significant factor driving the growth of sickle cell retinopathy treatment market is the increasing number of new molecules in the pipeline and also the symptomatic treatment molecules which the government regulatory bodies are approving. Sickle cell retinopathy treatment has given a new area of expansion for market players already in the sickle cell retinopathy treatment market and for those who are trying to establish a new area in this market. Therapeutic devices has been granted in U.S. for its significant treatment regimen, for the treatment of sickle cell retinopathy. The device has been granted a patent for its treatment of sickle cell disease. Moreover, researchers have moved ahead of treating sickle cell disease by antibiotics to the genome level.

Researchers from Stanford School of Medicine successfully corrected the genes carrying the gene for sickle cell disease and transplanted those with healthy cells. By using the Clustered Regularly Interspaced Short Palindromic Repeat (CRISPR) technique, researchers replaced the sickle cell disease cell genes with the one which did not carry that gene. On the contrary, the high cost related to the Sickle cell retinopathy treatment and rigid reimbursement policy in treatment is anticipated to restrain the growth of Sickle cell retinopathy treatment market.

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The global Sickle cell retinopathy treatment market is segmented on the basis of Treatment Type, Disease Type, Distribution Channels, and Geography:
  • Sickle cell retinopathy treatment market Segmentation by Treatment Type
    • Long-term blood transfusions
    • Photocoagulation
    • Others (HBOT, stem cells, and gene therapy)

  • Sickle cell retinopathy treatment market Segmentation by Disease Type
    • Proliferative Retinopathy
    • Non-Proliferative Retinopathy

  • Sickle cell retinopathy treatment market Segmentation by Distribution Channel
    • Institutional sales
      • Hospitals
      • Clinics

    • Retail sales
      • Hospitals pharmacy
      • Retail Pharmacy
      • Drug Stores 
The global Sickle cell retinopathy treatment market is anticipated to capitalize on the market growth opportunity formed by the increasing use of funduscopic examinations in retinopathy. Increasing demand for Sickle cell retinopathy treatment in the specialty clinics to resolve the requirement for preventive treatment methods. The recent advancement in Sickle cell retinopathy treatment devices to offer more advantage over conventional surgical option and is expected to increases patient pool for sickle cell retinopathy treatment. Photocoagulation based Sickle cell retinopathy treatment is estimated to propel the growth of the Sickle cell retinopathy treatment Market.

The key manufacturers present in the Sickle cell retinopathy treatment market are augmenting on the wide treatment genera for Sickle cell retinopathy, considering the increased demand for Sickle cell retinopathy treatment. The major players in Sickle cell retinopathy treatment market are focusing on developing effective long acting therapeutic options. Moreover, increasing research on targeted Sickle cell retinopathy treatment drug is expected to fuel the competition in the Sickle cell retinopathy treatment market.

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Geographically, global Sickle cell retinopathy treatment market is segmented into seven key regions viz.  North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa. North America is anticipated to dominate the overall Sickle cell retinopathy treatment Market.  Advancement in drug designing and availability of advanced laser treatment devices, high awareness about sickle cell, increase awareness about genetic mutation, and encouraging research from the non-government organization have improved the treatment regimen for Sickle cell retinopathy treatment in North America. Additionally East Asia region is anticipated to show considerably higher market growth rate is anticipated reasoning to constant growth in laser treatment market. Parallelly affecting the growth of Sickle cell retinopathy treatment market in positive mannner.

Some of the major key players competing in the global Sickle cell retinopathy treatment Market are Alcon, Carl Zeiss Meditec, Ellex Medical, Iridex, NIDEK and Quantel Medical. Among others.

The report covers exhaustive analysis on:
  • Sickle cell retinopathy treatment Market Segments
  • Sickle cell retinopathy treatment Market Dynamics
  • Historical Actual Market Size, 2014 - 2018
  • Sickle cell retinopathy treatment Market Size & Forecast 2019 to 2029
  • Sickle cell retinopathy treatment Agents Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Sickle cell retinopathy treatment Market Drivers and Restraints
Regional analysis includes
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceana
  • Middle East & Africa

Crochet Machines Market to Register Steady Growth During 2019 - 2029

Crochet Machines: Introduction

Crochet machines are knitting equipment used to make knitted clothes or fabrics in a fully or semi-automated fashion. Crochet machines primarily depend on the material that needs to be knitted, for instance, elastic material has a different crochet machines while lace material is knitted with a different type of crochet. Crochet machines are available in various types, such as Elastic and Inelastic Band Crochet Machine, Lace & Band Crochet Machines, Blind Ladder Tape Crochet Machines, Fancy Yarn Crochet Machines, and Compound Needle Crochet Machines. Crochet machines work on crochet hooks/needles that help in making loops in yarn or thread thereby locking them into crochet stitches.

Crochet Machines: Market Drivers and Challenges

From the beginning of the civilization, knitting has been considered as one of the major discovery, and ever since the industrial revolution, it has evolved a lot from hand knitting to computerized automatic knitting with the help of knitting machines, such as crochet machines. In recent years, there has been a significant increase in the demand for knitted apparels such as winter wear, casual wear, shape wear, and others.

 The global textile machinery market is a trillion dollar industry, and the growth of the textile industry explicitly drives the demand for crochet machines in the global market. To meet the growing demand manufacturers are expanding as well as relocating their facilities to developing regions where manufacturing cost is low and work force is available in abundance.
Between the operation types, it is estimated that the automatic crochet machines are expected to grow at a higher rate as compared to its counterpart. However, over the forecast period, the semi-automatic crochet machines are likely to hold a major share in the global crochet machines market owing to its availability at an economical cost.  

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Further, crochet machines market is exceedingly driven by consumer behavior; i.e., whether they prefer knitted fibers or the traditional ones. This aspect of the crochet machines market could go both ways, create opportunities or hamper the volume sales of the crochet machines market.  For instance, in the dry or hot climate regions, knitted clothes are not preferred. Conversely, in the low temperature regions knitted clothes are in high demand; thus driving the global crochet machines market.

Crochet Machines: Market Segmentation

On the basis of product type, the global Crochet Machines market can be segmented into the following:
  • Elastic and Inelastic Band Crochet Machine
  • Lace & Band Crochet  Machines
  • Blind Ladder Tape Crochet  Machines
  • Fancy Yarn Crochet Machines
  • Compound Needle Crochet Machines
On the basis of operation type, the global Crochet Machines market can be segmented into the following:
  • Automatic Crochet Machines
  • Semi-Automatic Crochet Machines
Crochet Machines: Regional Market Outlook

In terms of the manufacturing base, in the last three decades, the textile industry has witnessed a considerable shift. Earlier, the United States and Europe were the centers of apparel manufacturing, but in recent years, this hub has shifted to the developing and developed countries of Asia Pacific, such as China and India. This shift of manufacturing facilities is a result of low cost raw material availability, high return over investment (ROI) that too in a short period of time, vast natural resources, and abundance of work force. In addition, favorable economic policies has made these regions an attractive market; thus the Asia Pacific is stipulated to hold a lion’s share in the global crochet machines market during the project period as well. 

Other Asian countries, such as Bangladesh, Thailand, and Cambodia, are anticipated to witness an upsurge in the crochet machines market due to the same factors. North America and Europe are expected to be next in the run in the crochet machines market. The crochet machines market in the rest of the regions; Latin America, Japan, and the Middle East and Africa, is stipulated to grow at a healthy rate.

Crochet Machines: Key Market Players
Some of the market participants in the global Crochet Machines market identified across the value chain include:
  • Susmatex Machinery
  • DAHU
  • JIANGSU JIANGNAN HIGH POLYMER FIBER CO.,LTD
  • R.S. TECHNOLOGY
  • DEEP INTERNATIONAL
  • COMEZ
The Crochet Machines research report presents a comprehensive assessment of the Crochet Machines market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Crochet Machines research report provides analysis and information according to market segments, such as geographies, application, and industry.

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The Crochet Machines report covers exhaustive analysis on:
  • Crochet Machines Market Segments
  • Crochet Machines Market Dynamics
  • Crochet Machines Market Size
  • Crochet Machines Supply & Demand
  • Current Trends/Issues/Challenges in the Crochet Machines market
  • Competition & Companies involved in the Crochet Machines market
  • Crochet Machines Technology
  • Value Chain of market
Crochet Machines regional analysis includes:
  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Monday, December 16, 2019

Pedestrian Entrance Control Systems Market Expected to Account for CAGR 7% by 2029

Increasing use of smart applications such as biometrics and card-based pedestrian entrance control systems continue to add value to the security measures of businesses. While it also helps companies with enormous indirect data collection about employees, it primarily warrants high-level security that contributes towards efficient businesses. As per the findings of a new Persistence Market Research (PMR) report, as adoption of Internet of Things (IoT) continues to reach new heights, sales of new-age security aids such as pedestrian entrance control systems will also witness a significant hike.
The global pedestrian entrance control systems market will see a strong CAGR of 7% during the forecast period (2019 - 2029). Demand for installation of high-security entrance gates with intelligent pedestrian entrance control systems is witnessing rapid demand at airports, educational institutions, and government buildings.
Key Takeaways - Pedestrian Entrance Control Systems Market Study
  • Strict regulations by U.S. government, such as HIPAA compliance and SOC2 compliance for access controls are anticipated to drive growth of the pedestrian entrance control systems market during the forecast period
  • Growing preference for automatic systems over traditional systems is expected to benefit the automatic operating mode segment
  • Owing to growing security concerns, the airports segment is projected to be the most attractive in the global pedestrian entrance control systems market during the forecast period
  • High initial cost of implementation of systems is hindering growth of the pedestrian entrance control systems market
  • Asia Pacific excluding Japan (APEJ) is expected to be a key region in the pedestrian entrance control systems market. Moreover, India is expected to exhibit a soaring CAGR during the forecast period
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Owing to increasing thefts or burglaries across the residential sector, high demand for enhanced security entry control systems has been witnessed from end users. This will help market players gain an edge in terms of innovation, in the residential sector, further favoring growth of the pedestrian entrance control systems market.
Product Innovation Focused on Improved Solutions with High Capability
Companies in pedestrian entrance control systems market have started investing more in speeding up the process of product development and innovation. Companies are following this strategy to update its products and stay ahead of other key players in the pedestrian entrance control systems market.
  • In November 2019, PERCo launched a new IP-based turnstile for entrance control management. The key feature of this new pedestrian entrance control system is its operation with HID/EMM/MIFARE proximity cards, thus all identifiers types can be used by visitors or employees at the same time.
  • In June 2019, Royal Boon Edam International B.V., announced update of its popular pedestrian entrance control system named Tourniket revolving door. As part of an effective protection package option, this update includes automated and advanced burglar resistance class 3 shield doors.
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Know More About Report Inclusions
Persistence Market Research, puts forward an unbiased analysis of the global market for global pedestrian entrance control systems market, providing historical demand data (2014-2018) and forecast statistics for the period 2019-2029. To understand the opportunities in pedestrian entrance control systems the market is segmented on the basis of solutions (access type, access control software, services), operating mode (manual, automatic), verticals (airports, banking & finance, transportatio