ICT Market Forecasts

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Silicon Wafer Reclaim Market is Expected to Benefit from the Significant Increase in USD 577.3 million by 2024

Apr 05, 2021: Global Silicon Wafer Reclaim Market is expected to reach USD 577.3 million by 2024. Silicon is a tetravalent, gray, brittle, chemical component. It makes up 27.8% of the earth’s crust and next to oxygen; it is the utmost plentiful element in nature. The materials that contain silicon are common beach sand, quartz, flint, and agate. It is known as the major element in building materials like glass, cement, and brick. Moreover, it is the most shared material to build microchips and semiconductors.

High demand in manufacturing of microchips or chips used in electronic devices, increasing cost of silicon wafers, growing disposable income, rapid rate of industrialization and urbanization, and rising employment, economy, and population are documented as major factors of silicon wafer reclaim industry that are estimated to enhance the growth in the years to come. However, lack of awareness regarding reclaim services may restrain overall market growth in the coming years. Silicon wafer reclaim industry is segmented based on product type, applications, and region.300 mm, 200 mm, 150 mm, and other product types could be explored in silicon wafer reclaim market in the forecast period. Integrated circuits, solar panels, and other applications could be explored in this market in the future period.

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Silicon Wafer Reclaim is termed as wafer reclaim that has been processed, stripped, polished, and then cleaned and can be reprocessed for various use. There are various reclaim types like particle reclaim, recycle, and strip and kiss polish. It is a cost efficient program that manufacturers use to exploit the worth of formerly used silicon substrates. The silicon wafer reclaim market is estimated to grow at a significant CAGR of 3.7%over the future period as the scope and its applications are rising enormously across the globe.

Globally, North America accounted for the largest market share of silicon wafer reclaim industry and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be presence of key manufacturers in the region, growing demand for low cost silicon wafer, and rising applications in automotive industry. The United States is a major consumer of silicon wafer reclaim in this region.

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Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR of 3.3% in the foremost period. The aspects that may be ascribed to the growth comprise technological growth and industrial development in developing countries. The emerging countries like India and China are the major consumers of silicon wafer reclaim market in this region. This may be because of low inclusive recovery cost in the economy.

The key players of silicon wafer reclaim industry are NanoSILICON, MicroTech Systems, Silicon Quest, Phoenix Silicon International Corporation, Optim Wafer Services, RS Technologies Co., Ltd., NOVA Electronic Materials, Shinryo Corporation, Noel Technologies, Silicon Valley Microelectronics, and Pure Wafer. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Point-of-Sale Terminals Market Witnessed a Digital Transformation Owing to Increasing USD 116.06 billion by 2025

Apr 05, 2021: The Global Point-of-Sale (POS) Terminals Market is anticipated to reach USD 116.06 billion by 2025 due to considerable rise in the demand for reasonably priced wireless technologies and mobile POS terminals. A Point-of-sale Terminal is an electronic device that processes card payments at different retail provisions.

Businesses are increasingly adopting POS systems, and one of the most obvious and compelling reasons is that a POS system does away with the need for price tags. Selling prices are linked to the product code of an item when adding stock, so the cashier merely needs to scan this code to process a sale. If there is a price change, this can also be easily done through the inventory window. Other advantages include the ability to implement various types of discounts, a loyalty scheme for customers, and more efficient stock control, and these features are typical of almost all modern ePOS systems.

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The device reads the customer’s debit cards or credit card’s information, checks if the customer’s bank account funds are sufficient, transfer the funds from the customer’s account to the retailer’s account, and records the transaction and print receipts. The Point-of-sale Terminals are a combination of hardware and software that accepts card payments which do not require updating of cash registers for direct card reading. The installation cost of POS terminals differ with the business size and terms of the supplier. The smaller traders may have to pay the terminal rent and also additional per-transaction charge.

The POS Terminals Market is widely used in the sectors like retail, warehouse distribution, healthcare, hospitality sectors, etc. A large number of players across the globe characterizes the market. The existence of the growing number of players is heavily strengthening the Point-of-Sale Terminals industry competition. This competition is expected to be a positive influence for the market growth as it will continuously motivate the players to adopt modern technologies and boost the market with improved solutions. The Point-of-Sale (POS) Terminals industry is predicted to experience more newcomers in the forecast period.

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The Point-of-Sale (POS) Terminals industry is categorized on the basis of product type, components, application, and geography. On the basis of product type, POS Terminals market is divided into Fixed POS and Wireless &Mobile POS. The fixed POS is predicted to hold a larger Point-of-Sale Terminals market share owing to the growing acceptance in different parts of the world. On the basis of components, the market is categorized into hardware and software. These are the main components of the device. Attributed to the growing demand from the hospitality and retail industry, the POS software is predicted to experience substantial growth in the coming years. On the basis of application, the Restaurant Point-of-Sale Terminals industry is divided into Hospitality, Healthcare, Retail, Warehouse / Distribution, Entertainment, Field Service, Government and Transportation, out of which, retail is expected for maximum dominance due to the flexible transaction volume.

Two major benefits of Point-of-Sale (POS) Terminals are accuracy and analysis. The scanning of Point-of-Sale Terminals are very accurate than the punching numbers from a sticker. The POS Terminals allow to manage the inventory, flag products for recording, and analyze the sales patterns. The persistent requirement for the trendy enhanced software is expected to drive the market. Hottest advancements in the screen-touch technology have helped the POS functioning, which again augments the global market. Above all, this effective device helps to reduce manual errors, which rises its acceptance across different segments and boost the market growth. However, the security issue related to this technology restricts the growth of POS Terminals industry.

From among the wide applications of Point-of-Sale Terminals like supermarkets, restaurants, grocery, field service, hospitality lodging, retail, government, healthcare, and warehouse/distribution, the retail area is leading area due to the growing popularity of technology driven payment options in the retail industry. Another leading application of POS Terminals is observed in the healthcare industry. Similarly, the warehouse industry will also experience a strong growth due to the rising acceptance of mobile POS terminals.

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Integrated Passive Devices Market Enhanse Ratings with Successive Growth Figures of USD 2.64 billion by 2025

Mar 31, 2021: The global Integrated Passive Devices (IPD) market size was estimated at USD 874.6 million in 2015 and is expected to reach USD 2.64 billion by 2025. Miniaturization in electronic components making valuable additions in marketplace, smart phones, tablets and wearables are espousing exponential success in today’s market place. Continuing in the same vein, integrated passive devices has made it to top of the table with technological upgrades in smart phones, tablets and wearables soaring market ratings with successive growth figures.

Integrated Passive Devices (IPD's) "or Integrated Passive Components (IPC's) or Embedded Passive Components" are electronic components where resistors (R), capacitors (C), inductors (L)/coils/chokes, microstriplines, impedance matching elements, baluns or any combinations of them are integrated in the same package or on the same substrate. Sometimes integrated passives can also be called as embedded passives, and still the difference between integrated and embedded passives is technically unclear. In both cases passives are realised in between dielectric layers or on the same substrate.

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Segmentation of integrated passive devices market by base includes silicon and non-silicon. Segmentation by product includes baluns, couplers, duplexers and harmonic filters. Segmentation of integrated passive devices market by type includes ESD, EMI and RF-IPD. Segmentation by application includes data converters, EMI/RFI Filtering and LED Lighting. By region, integrated passive devices market includes North America, Europe, Asia Pacific, MEA, and Latin America.

Earliest form of IPDs are resistor, capacitor, resistor-capacitor (RC) or resistor-capacitor-coil/inductor (RCL) networks. Passive transformers can also be realised as integrated passive devices like by putting two coils on top of each other separated by a thin dielectric layer. Sometimes diodes (PN, PIN, zener etc.) can be integrated on the same substrate with integrated passives specifically if the substrate is silicon or some other semiconductor like gallium arsenide (GaAs).

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Integrated passive devices market by RF-ID segment leads market share owing to growth in market for miniaturized components/compact consumer electronics devices such as smart phones, tablets and wearable’s. RF components or modules better known as MODEMS holds the crux to system and miniaturization is better achieved with integrated passive system devices over traditional devices. Baluns occupy foremost place in integrated passive devices market share owing to its enhanced use in diverse applications using IPD’s. Integrated passive devices market by Baluns segment is moving market rankings by the preference to baluns with personalized filters.

By regions, MEA witnesses rapid growth in IPD market in being early adopters to technological changes. Powerful presence of smart phones, tablets and wearable’s in these regions are significant reasons promoting market growth in IPD market. Key drivers to the IPD market include rising consumption of IPD devices in industrial markets coupled with integration of IPD devices for RF applications.

As per news, a confirmed route to avoiding interconnection complexities and reducing footprint, silicon-based passive integration of RLC components at silicon wafer-level is the solution. With many major players competing with one another in this market and RF design chips offering a complete turnkey solution to be comprehensively included in SIP package. Key industries in IPD market include On Semiconductor, Stats ChipPac, ST Microelectronics, Murata-IPDIA, Joahnson Technology, Onchip devices, AFSC, and Infineon Technologies.

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Network Access Control Market Services in These Sectors is Anticipated to Impel Growth in USD 4.39 billion by 2022

Mar 30, 2021: Global Network Access Control (NAC) industry was estimated over USD 551.6 million in 2014 and is anticipated to be worth USD 4.39 billion by 2022, with a CAGR at 30.2%. Increasing rate of data thefts and cyber-attacks have resulted in the development of Network Access Control that provide solution to combat these problems. NAC solutions have been accepted on a large scale at a rapid pace in order to ensure safety from malware attacks, hackers and malicious software thereby leading to a need for secure network infrastructure.

The Network Access Control market, based on the type, has been categorized into two types; software and hardware. The software segment contributed to approximately 42.0% of the total market revenue in 2014. It is projected to exceed 45% by 2022 owing to the growing demand for software solutions on account of increasing malware attacks and cybercrime rate

The services have been classified into training, integration, professional services and support, & maintenance. Network access abilities are enhanced by utilizing integration services that provide various services including content caching, intrusion prevention and video conferencing simultaneously.

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In 2014, the integration services sector constituted for over 47% of the total market and is anticipated to be leading services segment over the forecast period. The support, maintenance and training segment is anticipated to have a steady growth gaining momentum over the forecast period on account of constant requirement for accomplished and skillful professionals that enable in troubleshooting, managing and selling video, installing, data networks and voice handling.

Extensive adoption of Machine to Machine (M2M) networks and Internet-of-Things (IoT) has added significantly in upholding the industry prospects. It is capable of efficiently facilitating the changing enterprise network and regulatory scenario. The Bring Your Own Device (BYOD) trend plays a major role in accelerating the demand for Network Access Control solutions. Improved ease of deployment, reduced system complexity and enhanced effectiveness of these products has further steered the market growth. Improvements in technological proliferation, Network Access Control platforms, endpoint visibility remediation along with configuration assessment have resulted in market expansion. In an attempt to improve the efficacy of perimeter network defenses, Network Access Control is being widely implemented into security platforms.

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NAC software is used in BFSI and government sectors. Regulatory compliance requirements such as Payment Card Industry Data Security Standard (PCI DSS) and Control Objectives for Information and Related Technology (COBIT) are forcing organizations to adopt the network access control solutions. Growing emphasis on web-based business services in these sectors is expected to compel growth over the review period. To satisfy the strict security requirements, government agencies often invest in Network Access Control solutions to filter unauthorized networks and device connections. These services ensure continued businesses while managing security threats. Risk management efforts and endpoint intelligence have been accentuated to a great extent in financial institutions, SMBs units and IT enterprises. It has consequently propelled demand for Network Access Control products and has led to market growth. However, the market is expected to witness slowdown in growth due to lack of scalability among the products.

On the other, the hardware segment constituted nearly 58% of the total market revenue in 2014 and is anticipated to be the primary solution vertical from 2015 to 2022. This segment comprises of gateway routers, Small Form-Factor Pluggable trans-receiver modules (SFP) and Network Access Servers (NAS). The gateways consist of multi-homing VPN security gateways and Unified Threat Management content security gateways (UTM) that offer secure network connections. Users are provided with internet access post authentication through an independent service providers (ISP) facilitated by NAS.

Based on the end-use, these solutions have been segmented into the government, BFSI, academia, manufacturing, healthcare, telecommunications and IT. The other segment includes transportation, media and entertainment, and retail. In 2014, the BFSI sector is anticipated to be the leading end-user over the forecast period which constituted for nearly 29% of the total revenue. The rising need for carrying out safe and protected transactions has impelled banks and financial institutions to make use of network security solutions. Government institutions are prospective targets for hackers in order to gain political gains and important information. These solutions have helped governmental organizations in curbing data theft activities and safeguarding confidential files from hackers.

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Pressure Sensor Market is Witnessing Significant Growth Owing to Their Increasing Uses with USD 11.91 billion by 2025

Mar 30, 2021: The global Pressure Sensor Market is expected to reach USD 11.91 billion by 2025. A pressure sensor can be defined as a device that is used to sense pressure changes and translate it into an electrical signal, that can be moderated depending on the strength of pressure. Factors, such as advancements in MEMS & NEMS technologies for various applications, increase in use of pressure sensors in automotive industry. In addition, favorable regulations for use of pressure sensors and increase in demand for pressure sensors in consumer electronics are likely to drive the pressure sensor industry in the forthcoming period.

The key applications are segmented in the pressure sensor market include Oil & Gas, Consumer Electronics, Industrial Applications, Automotive, Medical, and Others. The “Consumer Electronics” segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come. The key factors that could be attributed to the growth of market include rising use of MEMS devices in wearable devices and consumer electronics is boosting the segment growth. The Consumer electronics segment is followed by the Automotive sector in the forthcoming period.

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On the other hand, intense pricing pressure is anticipated to hinder pressure sensor market growth in the future. However, the increasing demand for pressure sensors in numerous applications is likely to create lucrative opportunities for the market. Pressure sensor industry is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Pressure sensors market is segmented by type, product type, application and geography. The market is segmented by type as Resonant Solid State, Piezoresistive, Capacitive, Electromagnetic, Optical and Others. The “Piezoresistive” segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come. The key factors that could be attributed to the growth of market include increasing use of MEMS sensors in wearable devices and consumer electronics is boosting market growth.

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Based on product type, the pressure sensors industry is segmented by Gauge Pressure Sensors, Absolute Pressure Sensors, and Differential Pressure Sensors. The “Absolute Pressure Sensors” segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come. The key factor that could be attributed to the growth of market includes increasing demand in industrial applications for the measurement of vacuum levels.

North America is a leading region in the market. It is likely to maintain a dominance in the forecast period owing to factors, such as increasing awareness about the advantages of automated systems and growing deployment of automated retrieval and storage systems (ASRS), presence of several semiconductor establishments, sensor manufacturers, and foremost system suppliers in North American countries. North America is followed by the Asia-Pacific region.

Key players operating in the pressure sensor industry include ABB Ltd, Emerson Electric Co., Analog Devices, Inc., Robert Bosch Gmbh, Delphi Automotive Plc, Denso Corporation, Honeywell International Inc., NXP Semiconductors, N.V., Damco Corporation, and Schneider Electric. The leading companies are involved in partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Human Machine Interface Market is Expected to Show Huge Growth as and the Economies Revive of $6.31 billion by 2022

Mar 26, 2021: The global Human Machine Interface (HMI) market is expected to reach $6.31 billion by 2022, owing to requirement of automation of complex industrial operations, improve productivity and efficiency. This market is segmented on the basis of software type and verticals. On the basis of software type it is segmented as HMI/client, software modules, and supervisory/server. On the basis of verticals, it is segmented as manufacturing, automotive oil & gas sector, and aerospace.

Industrial processes have become more complex due to increase in competition and need to have competitive edge through product or service quality. Manufacturing industries are opting for automation to reduce the complexity of the operation process and to make to it cost effective. HMI software helps in industrial data management, integrated engineering, industrial communication and industrial security. Fully integrated automation has optimized the operation downtime, better performance due to interoperability of system tested components. The challenge in the HMI software and services marketplace is how suppliers can differentiate themselves and continue to offer increasing value propositions to end users and OEMs, especially in a slowing global economy. The market is extremely competitive and demand is expected to grow as many users recognize the benefits of HMI software.

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Major companies present in this market are Advantech Co., Ltd., American Industrial Systems Inc., B-Scada, Inc., Elektrobit Corporation, Interlink Electronics, Inc., Panasonic Corporation, Schneider Electric Software, LLC, and Siemens AGCompanies in the market have adopted various strategic initiatives such as new product development, merger and acquisition, and partnerships and collaboration in order to have a competitive advantage and strong market share.

Integration of Bluetooth and Wi-Fi in these products has improved device mobility, which is also anticipated to propel the demand over the forecast period. Evolution of industrial Internet of Things (IoT) has opened many opportunities. Advancement in technology will improve the process cycle time, make the process energy efficient and will provide data security. Smart HMI will give huge opportunities to the industries and is expected to have a positive impact on the demand.

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In manufacturing sector HMI helps in simultaneous view of real-time and historical data, configuration, colours, fonts, scales, limits, formats, grid lines and viewing orientation, and data gathering from different sources on the same trend. Software features include big picture views with drill down capabilities, ActiveX control and automation, configurability of new charts with auto-scale and auto-band, annotation with audit trail, and batch mode with time shifting to compare trends.

North America human machine interface market is expected to emerge as a dominant segment owing to early technology adoption. Further, the rise in a number of automation projects and increase in the labour cost is expected to play a key role in driving the regional demand over the forecast period.

Europe is expected to show relatively slow growth rate owing to European economies facing downturn due financial debt. The presence of major automotive industries such as BMW, Audi, and Volkswagen has maintained slightly positive sentiment for the market. The market is expected to show huge growth as and the economies revive.

Asia Pacific human machine interface market is anticipated rapid growth owing to growing industrialization. Additionally, availability of raw materials and low-cost labour may also catalyse regional demand. Countries like India, China and Japan are showing rapid economic growth which has increased the industrial automation in these economies.

In November 2014, Advantech Co., Ltd launched HMI/SCADA software with a HTML5 based business intelligence dashboard called WebAccess 8.0. This software can be operated by any HTML5 compatible browser. The Business Intelligent Dashboard analyses data and helps managers make decisions as to what to do and WebAccess 8.0 also provides developers with the tools to design their own widgets and applications and the integration of Microsoft Excel reports. Through HTML5, a limitless number of users, with varying access levels are able to read information and make changes from wherever they are using either the Internet or Intranet.

In May 2015, Siemens AG launched SPPA-T3000 R7.2 control system, it offers increased efficiency and effectiveness for power plant operators, easier and more simplified handling during day-to-day operation, and active support for control room staff in critical situations.

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Data Centre Cooling Solutions Market is Expected to Show a Soaring Expansion Rate at 2025

Mar 22, 2021: Worldwide, the quantity of data centres is growing with the rise in information storage & escalating requirement of data processing power. There is a demand for competent data centre cooling technology as by the data centre capability increment, the utilization of energy is high which generates too much heat. For enhanced performance, companies are obligated to take on a novel and pioneering data centre cooling solution. There are numerous paybacks given by the data centres cooling solution in data centres that verify to be cost effectual for a company. Owing to this soaring implementation rate of data centre cooling technology around the world, companies have started aiming at upbringing competent power saving devices into data centres. The worldwide data centre cooling market is expected to show a soaring expansion rate over the forecast period.

One of the main fuelling regions of the data centre cooling industry is the demand for data centre executives to organize infrastructure financial plan in the direction to attain business expansion. Owing to the requirement for added storage space to stockpile the huge data that is produced on a habitual basis, there is an enhancement in the quantity of data centre deployments across the world. This boost of data centres eventually consumes extra power and add to extreme heat generation, thus generating a significant requirement for small power overwhelming cooling techniques.

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Also, with rapid progression in technology coupled increase in innovation & incredible alterations over the infrastructure expenditure are seen. The utilization of advanced data centre cooling solutions assists in the decrease of power utilization which, in turn, build its energy competent and decreases the operational expenditure of running data centres. Data centres are physical infrastructures to abode servers and related parts like networking equipment and hardware devices, mostly utilized by enterprises for distant storage, distribution & processing of huge database.

For a data centre to run productively, it is essential to maintain the environment cool. The extreme heat engendered from the processors could spoil the systems which may direct to data loss or ceased the flow of data. In direction to avoid such harms and to maintain the environment at a synchronized temperature, cooling system is employed in data centres. Data centre cooling systems consign to the system which is utilized to sustain accurate temperature and organize humidity within the data centre.

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The exponential expansion of data (unstructured & structured) and the growing worldwide requirement for cloud computing is fuelling the requirement for data centres thereby driving the expansion of the data centre cooling system. Moreover, the main confrontation countenanced by the Data centres cooling market is huge setup expenditure and electricity expenditure linked with the data centre cooling solutions. To conquer the same, the service providers are providing the greener data centre cooling solutions to formulate the system more energy competent.

On the basis of product, the market can be segregated into Chillers, Economizers, Air Conditioners, Chillers& other cooling units. All the segments are expected to grow moderately over the forecast period owing to increasing demand from all the segments across the world. On the basis of cooling technique, the market can be segregated into Liquid-Based Cooling, Air Based Cooling. The Liquid Based cooling system is expected to grow rapidly over the forecast period owing to increasing demand for this segment across the world due to its greater efficiency. The sub-segment of Liquid-Based Cooling system called as a water-Based cooling system is expected to grow rapidly over the forecast period owing to its features which make it widely accepted across the entire world.

On the basis of the geographical region, the market can be segregated Asia Pacific, Latin America, Europe, North America and the Middle East & Africa. Asia pacific is expected to be the rapidly growing market over the forecast period owing to flourishing service industry in the developed & developing countries of Asia Pacific such as China & India. North America is expected to generate maximum revenue over the forecast period owing to increasing demand from all parts of this segment. Europe is expected to generate second largest revenue over the forecast period.

On the basis of end-user vertical, the market can be segregated into Energy, BFSI, Retail, Healthcare and IT & Telecom. IT & Telecom is expected to generate maximum revenue over the forecast period owing to their increasing usage of cooling solutions over the forecast period. Some of the active players in this market are as follows Fuji Electric, AIRSYS, 4Energy, Daikin Industries, Eaton, IBM, Asetek, Denso (MOVINCool), Ecosaire, QCooling, HP, Tripp-Lite, Motivair, GEA Heat Exchangers, Colt, ClimateWorx, Chatsworth, 3M, Alfa Laval, Black Box Network Services, Schneider electric, Stulz, IBM, Emerson and Rittal GmbH & Co. KG.

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Analog and Mixed Signal Device Market Overview, Product Scope, Opportunities Driving Force and Risks at 2022

Mar 22, 2021: Mixed signal devices are those that can process both analog and digital systems in a single system. The system can be in the form of a hybrid microcircuit, single integrated circuit chip or a printed circuit board. DACs and ADCs are applications of mixed signal processors as both digital and analog functions are implemented in each. Very large scale Integration(VLSI) is another application that employs processing complex digital signals and analog processing on the chip simultaneously.

Improving technology trends and current markets have increased the demand for mixed signal integration. They have significant benefits and can result in innovative System on chip (SoC) solutions. Integrating analog with digital modules have efficient functionality and power consumption owing to better distribution Single chip solutions. Mixed Signal devices have reduced system noise and faster switching times. They also have simple system designs. Analog modules within these devices can be easily controlled by installing inbuilt software.

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Creating special functions by leveraging analog modules and integrating it with mixed signals can push performance to new levels and can spur many innovations. These modules available in the market can be integrated into systems to produce special system function solutions can provide high degree of analog integration variables along with low power performance that can reduce costs. These enhancements in the system can provide unique solutions that are fully programmable that are accountable for a substantial cost savings.

Crossover filters in loudspeakers, stereos and controls on TV are other applications of analog processing. Capacitors, resistors, inductors and transistors are common analog processing elements. Analog signal devices can be used in a various market that include aerospace, communication, healthcare, automotive, motor power control, instrumentation and measurement, security and surveillance, Consumer market and Energy sector. Analog processors are significantly cheaper than other technologies available. One challenge with analog system that are exposed to high temperatures is managing their complexity while maintaining the stability of the system.

They play a crucial role in the semiconductor industry where analog to digital conversions are extensively used for the purpose of micro-controllers and signal processing.

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One of the important examples of Mixed Signal devices is the mixed single Integrated chips that form a necessary part of the FM tuning in digital devices such as music players that have amplifiers. Introduction of 3G cell phones along with other technologies that are handy, with their increasing usage have a scope of significant growth in the telecommunications market. Availability of ADC and DAC provide a flexible platform for mixed Signal devices as per requirements and are energy efficient.

Considering the advancements in the Mixed signal device market, the task of combining analog and digital signals to optimize performance and integrate them into a single technology has been simplified. New technologies like CMOS, BiCMOS, CMOS SOI and SiGe have nullified many complexities that were faced previously. Availability of different alternatives to cancel out noise disturbances such as fully differential amplifiers, P+ guard rings and on chip coupling have also simplified tasks.

Every industry has specific requirements and configurations. The consumer electronics include touchscreen devices, display drivers, LED drivers, audio and video codes. The Industrial sectors includes devices like energy monitoring, LED Lighting, ADC, RF and line drivers. The automobile industry includes ADC and sensors. In the computer and storage devices market, Analog and mixed signal devices can be found in SATA, HDMI and Thunderbolt. Communications sector constitutes clock and timing control.

Power management sector, Signal processing sector are segments than can be expected to have high growth. The power sector accounted for over 52% of Analog Integrated Circuit Consumption. This sector emphasizes on efficient utilization of power used by electronic devices. Analog ICs are majorly used in portable devices which are extensively used. Other major functionality includes reduction in the battery drain that indirectly reduce costs. Hence with the growth in the wireless communication market can lead to growth in the Analog IC market.

Increase in the usage of application specific Analog ICs can bring about a sales growth of these devices. They constitute for 60% of the Analog ICs Market. With the advent of new technologies in Sensor ASICs and Power Management ASICs, there are wide variety of applications in each of them which include consumer electronic devices such as digital cameras, LCD and LED screens, cell phones and other devices that work on battery.

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[ictmarketforecasts]

Interactive Kiosk Market is Expected to Provide Lucrative Growth Opportunities with US$ 41.88 billion by 2025

Mar 10, 2021: Synopsis:

With reference to the report published by the specialists the scope of the global Interactive Kiosk Market was appreciated at US$ 23.11 billion in 2018. It is estimated to reach US$ 41.88 billion by 2025 with a CAGR of 8.9% during the prediction period.

An interactive kiosk is a computer station supplemented with particular software and hardware. It proposes admittance to the uses and information for example entertainment, education and communication. It is designed in such a method that information is transported to the operator in the fastest means. Likewise it is utilized in ATM at the time of carrying out the financial dealings. The interactive kiosk has turn out to be an essential portion of numerous administrations, businesses, and places where substantial information or else super vision is necessary. Interactive kiosk supports the company to reinforce its image in the market. Kiosks will permit the operator to hunt for the data about the library book, products, issue a key card of hotel etc.

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Drivers:

The foremost issues those are estimated to be motivating the interactive kiosk industry are growing curiosity of customers in self-service interactive kiosk, improved experience of shopping for the customers, and price active and effective medium for the procedures and terrestrial enlargement of businesses.

The demand for interactive kiosk is increasing through the world. A number of end-use businesses are utilizing these kiosks for varied necessities. Those are stretching from clothing retail, electronic product, ATM, parking, information, check-in, food self-service, electric vehicle charging, photo printing, human resource industry, patient interaction, ticketing and beverage self-service. All over the world, there is a growing demand for cashless payments.

Due to government resourcefulness for economic enclosure, emerging nations for example, South Africa, India and China are observing a growth in mobile payments. Sequentially, the demand for automated teller machines (ATMs) is getting boost up in Asia Pacific. The sum of non-cash dealings is considerably greater in North America; yet, as equated to that in Asia Pacific this number is growing by a sluggish speed.

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The demand for the charging infrastructure of electric vehicles is expected to propose substantial prospect for the manufacturing companies of the interactive kiosk on global level. As stated by the U.S.A. centered manufacturing company of the kiosk, the global market for electric vehicle charger (EVC) is expected to grow substantially during the period of approaching years. This proposes a major break to the manufacturing companies to make available substantial number of interactive kiosk for the charging of electric vehicle.

Restraints:

The hazard of cyber-attack is a major encounter confronted by interactive kiosk, everywhere the world, also the initial asking price of setting up of it is greater. These all issues are restricting the development of the global market for interactive kiosk.

Classification:

The global interactive kiosk market can be classified by End Use, Type, Component and Region. By End Use, it can be classified as Travel & Tourism, Healthcare, Retail, Government, Food & Beverage, BFSI and others. By Type, it can be classified as Vending, Retail Self-checkout, Self-service, and Automated Teller Machine (ATM). By Component, it can be classified as Service, Software and Hardware.

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[ictmarketforecasts]

Network Management Systems Market Rising Demand for High-Speed Networks with US$ 11.94 billion by 2025

Mar 10, 2021: Synopsis:

With reference to the report published by the professionals the scope of the global Network Management Systems (NMS) Market was appreciated by US$ 6.3 billion in 2018. It is projected to develop by a CAGR of 10.2% to reach US$ 11.94 billion by the completion of 2025. Network management system (NMS) supports enterprises in managing, provisioning, and monitoring the systems of computer along with in enhancing the availability of bandwidth and the performance of hardware in actual stage. Continuous rollout of the infrastructure of 5G mobile in numerous nation state, comprising the U.K., Germany and the U.S.A and forceful funds being made in constructing the fresh data centers have delivered the push to the market during the previous a small number of years.

Drivers:

Increasing acceptance of network management system by data centers to improve presentation and abolish threats of stoppage, together with increasing demand for greater Quality of Services (QoS), regardless of the business vertical, is likely to motivate the network management system market during the period of forecast.

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Such as the global market carry on to enlarge, enterprises are progressively getting reliant on resources of networking to preserve their effectiveness. By itself, network management systems can assist in checking operating presentation, gaining whole network visibility, confirming safety, carrying out prognostic maintenance actions and stopping illegal admission.

Rising necessity for a responsive and safe substructure to function efficiently in cultured business atmosphere is expected to strengthen the demand for these services and solutions during the period of forecast. The suppliers of network management system (NMS) solutions are likewise projected to observe important occasions during period of the forecast as small & medium enterprises (SMEs) carry on to set up wired and wireless LAN arrangement through as portion of their hard work to accept cloud centered resolutions, decrease general costs of substructure , and confirm an easy admittance to information.

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More and more rapid development in the global traffic of cloud, Internet Protocol (IP) and importance of the Internet of Things (IoT) are estimated to propose massive openings of market for the companies of network management systems (NMS) during approaching years.

Restraints:

On the other hand, the absence of alertness regarding the network management systems (NMS) between the managers of the network and greater price tag linked with the use of network management systems tools may possibly impede the development of the market.

Classification:

The global network management systems market can be classified by Vertical, Enterprise, Deployment, Component and Region. By Vertical, it can be classified as Media & Communication, Transportation & Logistics, Manufacturing, BFSI, Retail, Healthcare, Government, IT & Telecom and Others. By Enterprise, it can be classified as Small & Medium Enterprises (SMEs), Large Enterprises. By Deployment, it can be classified as Cloud-Based, On-Premises. By Component, it can be classified as Services, Solutions.

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[ictmarketforecasts]

Personal and Entry Level Storage Market Online Platforms That Produce a Large Amount of Data Globally

Mar 08, 2021: Market Slingshot:

The global Personal and Entry Level Storage (PELS) Market is expected to grow by leaps and bounds in the years to come. This could be attributed to an ever-increasing volume of data getting generated followed by rising concerns toward data security and backup. Entry level business organizations as well as individuals have started feeling the importance of data backup and storage. This factor is expected to keep the cash registers ringing.

Market Scope:

It is a known fact that digital era calls for storing and managing information. An increasing usage of online gaming, and internet media has created an unparalleled demand for storage architectures across the globe. The mid- and small-sized organizations are into adoption of diverse types of data storage architectures like cloud-based storage, NAS (network attached storage), and DAS (direct attached storage). NAS holds the largest market share as every user could share single storage device. However, cloud storage is expected to take the market by storm in the next 5-7 years as it proves to be cost-effective in terms of equipment.

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Market Segmentation:

The personal and entry level storage market is segmented based on product/service, data storage technology, industry verticals, and geography. By product/service, the personal & entry level storage market spans cloud-based storage and non-cloud based storage (SSD (Solid State Drives), HDD (Hard Disk Drives), flash drives, and recordable discs). By data storage technology, it says SAS (Serial Attached SCSI), DAS (Direct Attached Storage), NAS (Network Attached Storage), cloud-based storage, and others (fiber channel storage and IP based storage).

By industry vertical, the market states public sector, media & entertainment, healthcare & life sciences, financial services, and others (internet services and communications). By geography, it comprises Europe, North America, Asia Pacific, LATAM, and MEA.

Players:

The players contributing to the PELS market include HP, Hitachi Data Systems (HDS), Dell, Inc., EMC Corporation, IBM, Cisco Systems, Inc., Seagate Technology, Toshiba Corporation, Western Digital Corporation, and Symantec Corporation.

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Market Segment:

PELS Product Outlook (Revenue, USD Million, 2012 - 2020)

   • Recordable Discs

   • Hard Disk Drives

   • Solid State Drives

   • Cloud Storage

   • Flash Drives

PELS Technology Outlook (Revenue, USD Million, 2012 - 2020)

   • Serial Attached SCSI

   • Direct Attached Storage

   • Cloud Attached Storage

   • Network Attached Storage

   • Others

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[ictmarketforecasts]

Internet of Things Market is Expanding Significantly with Growing Adoption of Smart US$ 1.88 trillion by 2022

Mar 05, 2021: Synopsis:

The global Internet of Things (IoT) Market scope was projected at US$ 605.69 billion in 2014. It is expected to reach US$ 1.88 trillion by 2022 with a CAGR of 15.2% during the completion of the prediction period. The idea of IoT has transformed the manner, organizations through business verticals. It assists organizations in growing working efficiency and enhancing business results.

The whole lot of business verticals are experiencing a vast alteration in a proposal to deliver reachable, excellent, and reasonable services to their clienteles. New-fangled uses, an outcome of innovative technology, are being developed to discourse altering necessities of the business. IoT, in grouping with big data and cloud computing, is making profitable openings for the organizations. The growing number of connected devices and the propagation of smartphones have funded considerably to the growth of IoT.

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Manufacturing sector inherently concentrating to growing their efficiency of business procedure and the productivity by way of optimal use of source. One of the important issue motivating the manufacturing sector in the direction of IoT empowered placements is having standardized and reliable united vision of the data and procedures for smooth admittance for maximum of the shareholders. The vendors of Industrial IoT have been attaining control above numerous varied industrial procedures by way of incorporating cutting-edge IoT platforms and resolutions to systematize industrialized processes.

IoT technology has been empowering retailers all over the world, to link to both - people and businesses. This permits retailers to increase understandings regarding the performance of the product and discover new-fangled methods of client engagement.

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Classification:

The global Internet of Things market can be classified by Application Area, Platform, Service, Software Solution and Region. By Application Area, it can be classified as Smart mobility and transportation, Connected logistics, Smart energy and utilities, Smart retail, Smart manufacturing, Building and home automation, Banking and Financial Institutions (BFSI).By Platform, it can be classified as Network management, Device management, and Application management.

By Service, it can be classified as Managed service, Support and maintenance, Professional service, Consulting service, Deployment and integration. By Software Solution, it can be classified as Network bandwidth management, Data management, Real- time Streaming Analytics, Remote monitoring system, and Security solution.

Regional Lookout:

By Region the global Internet of Things (IoT) industry can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America griped the biggest share of market during the past year. The issues accountable for this development consist of technical progressions, speedy digitalization through business verticals, and growing acceptance of smart connected apparatuses that have additionally powered the development in this province. It has got enormous uses, everywhere in diverse businesses. For example, a storage and warehouse company, Lineage Logistics (U.S.A.) work together with Monnit Corporation for IoT empowered sensors. Monnit Corporation delivered Lineage Logistics vibration and temperature sensors.

Increasing demand for smart devices in the U.S.A and Canada pushes the market in North America. The province is expected to top the global market during the period of forecast. Large scale implementation of technologies for example Artificial Intelligence (AI) and Cloud computing in this area adds to the development of the IoT market.

A number of mergers & acquisitions (M&A) amongst foremost companies and IT companies in North America is additional reason motivating the market. On top of North America, additional provinces for example Europe and Asia Pacific are expected to develop substantially during the period of forecast.

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[ictmarketforecasts]

Smart Water Management Market is Expected to Accelerate the Regional Industry Growth

Mar 05, 2021: Market Tidbits:

The global Smart Water Management Market was appreciated at US$ 5.87 billion during 2013 and is expected to grow substantially in the years to come. This could be reasoned with demand for water management due to increasing awareness about depletion of water reserves around the world. Loads of international campaigns and organizations are emphasizing on apprising and educating people regarding water conservation.

At present, Africa is facing acute shortage in terms of usable water. This has proved to be a wake-up call for people to work toward workable systems to manage water. On the other hand, the regions that have ample of water have started taking a cue from this water shortage and taking imperative steps for securing their future.

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Root Cause bird eye-view:

The UN has also started promoting water conservation all over; which, in turn, is likely to positively impact the smart water management (SWM) market. It is segmented based on advanced water meter, solution, service, and geography. By advanced water meter, the segmentation goes like AMR water meter, AMI water meter, fixed network, and cellular network. By solution, it goes like enterprise asset management for water and wastewater utilities, network monitoring, advanced pressure management, advance analytics, supervisory control and data acquisition, meter data management, smart irrigation management systems, and residential water efficiency.

By service, the smart water management industry spans information management, hydrant management, pipeline condition assessment, and value management. By geography, the market constitutes North America, Europe, Asia Pacific, and LAMEA. Asia Pacific is expected to be the torchbearer due to rapid industrialization coupled with realization regarding water management. In economies like India “Water Cup” also gets organized by “Paani Foundation” every May.

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Players:

The players contributing to the smart water management market include Siemens, IBM, GE, Nalco, i20 Water, TakaDu, ABB, GE, and Schneider. Several business strategies are being put into practice to overpower the rivals. For instance – Nalco acquired Champion Technologies of late for expanding the former’s product offerings, services, energy technologies, and market share.

Market Segment:

Smart Water Management Component Outlook (Revenue, USD Million, 2012 - 2020)

   • Devices

   • Solutions

   • Services

Smart Water Management Technology Outlook (Revenue, USD Million, 2012 - 2020)

   • Cellular Network

   • Fixed Network

Smart Water Management Regional Outlook (Revenue, USD Million, 2012 - 2020)

   • North America

   • Europe

   • Asia Pacific

   • RoW

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[ictmarketforecasts]

Internet of Things Fleet Management Market is Expected to Grow at the Highest Growth Rate USD 16.86 billion by 2025

Mar 03, 2021: Internet of Things (IoT) Fleet Management Market is expected reach USD 16.86 billion by 2025, as the scope, product types and its applications are increasing across the globe. The Internet of Things (IoT) is the network of vehicles, physical devices, home applications, and the other items surrounded with software, electronics, actuators, sensors, and connectivity; which permits these objects to exchange and connect data. The Internet of Things Fleet Management market is expected to grow at a CAGR of 20.8% in the upcoming period.

The rate of adoption for IoT fleet management has triggered due to the introduction of vehicular internet connectivity. Increasing necessity for optimal operative competences and vehicle security is one of the important inclinations stimulating market development. Furthermore, growing compatibility of tablets, smartphones, and the other smart devices with vehicles has formed an entrance for internet connectivity facilities.

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On the other hand, factors such as growing price owing to application of IoT services and systems are disturbing market development. In the developing economies, lack of awareness among nations may hamper the growth of market in the forecast period. Internet of Things (IoT) Fleet Management market may be explored by management platform, services, cloud deployment, solution, applications, and geography. Internet of Things (IoT) Fleet Management may be explored by management platform as Device Management, Application Enablement, and Network Management.

Internet of Things (IoT) Fleet Management may be explored by service as Professional, and Managed. Internet of Things (IoT) Fleet Management may be explored by cloud deployment as Private, Public, and Hybrid. Private cloud deployment segment is dominating cloud deployment. Growing necessity for a safe environment is one of the prime factors driving the demand of the private cloud sector in the IoT fleet management in the forecast period. The private cloud type accounts for the substantial share worldwide. With protected firewalls, private clouds offer healthy cloud-based protected environment, and could be sustained by the IT division of any specific business.

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Internet of Things (IoT) Fleet Management may be explored by solution as Predictive Maintenance, Fleet Analytics, Fuel Management, Vehicle Tracking & Monitoring, Remote Diagnostics, and Driver Tracking & Monitoring. Internet of Things (IoT) Fleet Management may be explored by Applications as Commercial Vehicles, and Passenger Cars

North America has been at the forefront with regards to Internet of Things (IoT) Fleet Management market and will continue to rule the roost in the years to come. North America accounted for the major share of the Internet of Things (IoT) Fleet Management size analysis in 2016. and it is expected to maintain its foremost position during the upcoming period from 2014 to 2025. The marketplace for IoT fleet management in North America, especially in the U.S., is the most lucrative one and gaining robust traction from numerous features such as rapid technological advancements, initial acceptance of fleet management and stringent administrative orders to confirm security. North America is followed by the Asia-Pacific and Europe.

Some of the key players that fuel the growth of the Internet of Things Fleet Management market include Trimble Inc.; Cisco Systems, Inc.; AT&T; Verizon; IBM; Omnitracs; Intel Corporation; Sierra Wireless; Telefónica and Tomtom International BV. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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[ictmarketforecasts]

Farm Management Software Market Strengthening is Reflected in the Economic Growth of USD 4.22 billion by 2025

Mar 03, 2021: The global farm management software market is expected to reach USD 4.22 billion by 2025. The market is driven by factors such as proliferation of IoT, big data analytics and information & communication technology along with emphasis on cloud computing leading to recording and retrieval of real-time data management. In addition, rising population and enlarged demand for food worldwide coupled with government support to boost modern agricultural techniques is likely to boost the market growth in the forthcoming period. The farm management software market is expected to witness a CAGR of 16.7% in the forecast period.

The global farm management software industry witnesses several opportunities such as green initiatives for sustainable agriculture coupled with awareness in farmers for precision agriculture and pursuance of modern agricultural practices. However, rising food demands and farming challenges are likely to create hindrance in the market during the forecast period up to 2025.

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Farming systems are now embracing conceptual framework of web management to support farm production systems. The web management system is trifurcated into decision support sub-system, biophysical sub-system and decision support sub-system. In addition, the web system encompasses project management idea scoupled with model-view controller concepts. In reality, the farm management software supports the farmers with enhanced yield and productivity and farm efficiency is expected to gain a traction due to its proliferation worldwide. Big data plays a significant role in giving predictive insights, rebuilding business process and enabling real-time operational decisions for change in business models.

The farm management software industry segmentation includes agriculture, deployment model, application, service provider and region. Deployment segment dominates the farm management software market growth in the forthcoming period owing to rise in cloud-computing and is anticipated to witness a CAGR of 19.5% during the forecast period.

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Geographical segmentation for farm management software industry spans North America, South America, Europe, Asia-Pacific, Europe, Middle East and Africa. North American and South American farm management software market is expected to gain positive traction in the near future. Factors such as rising demand for farm yield, favorable policies by government, demand for agricultural solutions, and inclination towards precision farming is likely to contribute to the market growth in the forthcoming period.

European market is expected to gain a positive traction in the forthcoming period due to government support, increasing R&D activities pertaining to smart agriculture such as employing drones for enhanced production and building Aero Farms for better agriculture yield. Middle Eastern and African market is expected to gain a higher CAGR in the forthcoming period owing to rise in R&D activities, use of GPS signals and monitoring of real-time data.

The key players in the farm management software industry include Ag Leader technology; CropZilla Software, Inc. AB CropMetrics LLC, Granluar Inc, Dickey-John Corporation, The Climate Corporation; DeLaval; and Farm Edge, Inc. Big players are now offering technological assistance such as Big data analytics for smart farming whereas startups are expanding horizontally in the value chain service by providing insurance, consulting and advisory services.

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[ictmarketforecasts]

Development to Operations Market is Expected to Further Eccelerate Growth of USD 12.85 billion by 2025

Mar 03, 2021: The global development to operations (DevOps) market size is expected to value at USD 12.85 billion by 2025 during the forecast period. The market is subject to witness a substantial growth in upcoming years due to the rising implementation of digitization techniques in an organization to automate various business processes. Other factors responsible for the progress of DevOps industry are increasing use of cloud technologies, the need for flexibility in frameworks, and numerous collaboration and partnership within various IT teams to prioritize the need for highly efficient operational capabilities. Globally, the development to operations market is predicted to grow at CAGR of 18.60% in forecast period, providing numerous opportunity for market players to invest for research and development of the market.

DevOps market provides specialized tools and services to enhance efficiency during entire software development lifecycle (SDLC). Development to operations (DevOps) tools and services acts as a binding tools for collaborations among different IT teams such as development, operations, and quality assessment.

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This helps to facilitate consistent integration, quality assurance, and timely delivery of software. Development to operations (DevOps) tools and services assists organization for complete automation of software development lifecycle (SDLC) and quality assurance by regulating and automating the development and deployments of code onto the different platforms. Such techniques help developers to embed a periodic feedback loop in order to reduce response time and regularly release updates with the help of software based on customer feedback and their varying requirements.

Enterprises ranging from large-scale business to small and medium-sized enterprises (SMEs) are increasingly adopting and deploying DevOps tool chain in their business processes to achieve higher productivity, and streamlined workflows. Other advantages associated with the DevOps are reduction in time to market, superior quality software, and optimize costs during the software development, deployment, and quality testing. Though, common factors such as lack of skilled workforce and initial deployment cost are restraining the growth of the development to operations (DevOps) industry.

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Development to operations (DevOps) as a combination of development and operations techniques is treated as a software engineering culture that focuses on unifying software development (i.e. Dev) and software operation (i.e. Ops). The critical properties of the DevOps tools and services is to enable automation and testing during entire software development lifecycle, including integration, quality assurance, and software delivery and infrastructure management. Development to operations (DevOps) pertains to achieve shorter development cycles with higher frequency for software and reliable software updates or releases that closely aligns with all of the organizational objectives. Development to operations (DevOps) provides perfect blending of an organization’s software development and systems operation team. Furthermore, DevOps offers improved communication among application development and operational teams as large number of automated business processes.

The DevOps approach allows combination of application development and deployment, and molding them into a streamlined process to align various team efforts. DevOps-as-a-Service is a distribution model with a set of tools that aids during collaboration among development team and the operations team. Factors responsible for the advancement of the development to operations (DevOps) market are regular use of cloud computing and improved in software-based infrastructures, micro service management, and automation.

The industry is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise implementation of latest technologies and existence well-established software and cloud infrastructure. Asia-Pacific region is predicted to hold major market share in the development to operations (DevOps) industry with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with rise in the penetration of smartphones and increase in investment by market players due to potential opportunities in the region.

The key players in the development to operations (DevOps) market are IBM Co., CA Technologies, Cisco Systems Incorporations, HP Enterprise, Puppet Labs Incorporations, Docker Inc., and Microsoft Co.

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Semiconductor Laser Market is Expected to Grow at a Remarkable Pace Owing to the Enhanced Usage in 2024

Feb 26, 2021: Global Semiconductor Laser Market is anticipated to grow significantly in the forecast period owing to its application in defense industry due to features like small body, long life, light weight and better efficiency. Semiconductor lasers are more efficient and enhanced than the traditional lasers. They are similar to the transistor and can potentially perform operations like LED. Semiconductors are smaller in size, highly efficient for all types of applications and energy and cost effective.

Semiconductor laser industry is influenced by growing demand for consumer devices that is propelling the demand for semiconductor lasers since they are used for multiple manufacturing practices. Moreover, incorporation of OLED technology in mobile phones is fueling the semiconductor lasers market. However, undefined life of laser diodes are hampering the market growth of semiconductor laser. Besides sudden failure, laser diodes are expected to degrade in future due to several reasons.

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Introduction of additive manufacturing and 3D printing has progressed over the years as prominent energy-efficient and eco-friendly technology. This technology delivers improved efficiency with least consumption of materials. These trends are increasingly affecting semiconductor laser industry thereby influencing its growth.

Semiconductor laser market is categorized on the basis of type, end user and geography. On the basis of type, the market is divided into compact disc lasers (CDL), fiber optic lasers (FOL), high power diode lasers (HPDL), vertical cavity surface emitting lasers (VCSEL), violet lasers, red lasers, blue lasers and green lasers. Fiber optic lasers (FOL) are estimated to hold larger market share of semiconductor laser due to extensive use in communication and increase in demand for high broadband services.

Based on end users, semiconductor lasers industry is divided into healthcare, communication, industrial, optical storage devices lithography, defense and Research & Development, sensors, printing and display. Industrial segment is expected to hold larger market share of semiconductor laser due to extensive use in several applications. Also, communication segment accounted for maximum share owing to wide applications.

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Geographically, semiconductor laser market is segmented as North America, Latin America, Europe, Asia Pacific

and Middle East & Africa. Owing to growing industrialization and developments, Asia Pacific is predicted to dominate the market of semiconductor laser in the coming years.

The prominent players in semiconductor laser industry are ASML Holdings N.V., Newport Corporation, Sharp Corporation, Coherent Inc., IPG Photonics Corporation, Han’s Laser Technology Industry Group Co. Ltd., Sumitomo Electric Industries, Ltd., Rofin-Sinar Technologies Inc., TAxcel Photonics Inc. and Trumpf GmbH + Co. KG.

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At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

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