Friday, 7 April 2017

Testing Inspection and Certification Market - An insight on the important factors and trends influencing the Industry by 2024

The global testing, inspection, and certification market is marked by an intense level of fragmentation, with only one leading firm, SGS Group, accounting for over 10% in the global market in 2015, points TMR in a recent report. The top four vendors in the market, including Bureau Veritas SA, Intertek Group PLC, Dekra SE, and SGS Group, accounted for a collective share of nearly 29%, with a host of small- and mid-sized companies holding the rest in 2015.

Global Testing, Inspection and Certification Market: Snapshot
Rising awareness among global consumers regarding the qualitative assurance provided by international quality and safety standards is key to the rising prominence of testing, inspection, and certification services across a number of industries. A complex mix of local and universal standards and regulations, the global testing, inspection, and certification market is driven due to the rising imports and exports in the international market, and increasingly strict quality regulations.
Manufacturers are compelled to adhere to strict quality tests, inspections, and procure universally accepted certifications for participating in the international trade. This factor will stimulate the increased adoption of testing, inspection, and certification services across industries such as food and beverages, oil and gas, automotive, aerospace, and textile in the next few years.
Transparency Market Research suggests that the global testing, inspection, and certification market will expand at a healthy CAGR of 5.7% over the period between 2016 and 2024. As a result, the market, which had a valuation of US$178.65 bn in 2015, is expected to rise to US$285.34 bn by 2024.


Emerging Markets to Present Untapped Opportunities as Imports and Exports Soar
Developing countries across regions such as Asia Pacific and Latin America possess enormous growth potential for the global testing, inspection, and certification market. Owing to the flourishing industrial sector and a significant rise in affluent consumers, these regions have become the hub of international imports and exports. To make products compliant with the diverse safety and quality norms in foreign lands, product manufacturers are compelled to strictly adhere to quality standards, driving the need for effective testing, inspection, and certification services.
The global market for testing, inspection, and certification services is expected to witness expansion at the fastest pace across Asia Pacific through 2024. The flourishing food and beverages industry in the region and rising awareness among consumers about the qualitative benefits of certified products will be the key factors driving the market in the region.


Market Features Intense Fragmentation and High Competitive Rivalry
The top four vendors in the global testing, inspection, and certification market accounted for nearly 29% of the global market in 2015. Other small- and mid-sized companies represented the dominant share of over 71% in the same year. This makes the market highly fragmented and intensely competitive.
Europe has a prominent position in the competitive landscape, as the region has high concentration of some of the leading vendors operational in the global testing, inspection, and certification market. This also makes the region the largest contributor to the market’s overall revenues, accounting for over 30% of the global market in 2015.
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Machine Condition Monitoring Market - An insight on the important factors and trends influencing the market

Global Machine Condition Monitoring Market
Machine condition monitoring, also known as machine health monitoring, refers to the process of monitoring and measuring certain parameters in equipment such as temperature, humidity, pressure, and others to detect any significant change and identify faults in equipment. Noise, temperature, and vibration measurements are often the key indicators of the state of equipment. Equipment failure leads to huge losses in terms of productivity and quality of manufactured goods as well as loss of capital spent on the purchasing of new equipment. Thus, machine condition monitoring acts as a predictive maintenance measure.
Machine condition monitoring is used across various sectors such as automotive, aerospace and defense, marine, chemicals, oil and gas, metal and mining, energy and power, and others. Energy and power is the largest application segment in the global machine condition monitoring market, followed by the oil and gas sector.
Based on type, the global machine condition monitoring market has been segmented into thermography, vibration monitoring, ultrasound emission, corrosion monitoring, lubricating oil analysis, and motor current signature analysis. The various components in machine condition monitoring include ultrasound detectors, vibration sensors, spectrometers, infrared sensors, spectrum analyzers, corrosion probes, and others. Vibration sensors further consist of proximity probes, accelerometers, and tachometers.


Global Machine Condition Monitoring Market: Overview                                 
The transition from preventive to predictive maintenance across process industries has supported the growth of the global machine condition monitoring market. Technological advancements such as the usage of wireless technology and remote monitoring in machine condition monitoring have also helped in the market’s growth. During the forecast period, the growing demand for heating, ventilating, and air conditioning (HVAC) in small factories will play a key role in the growth of the market.
However, unpredictable maintenance periods and modification in old equipment might restrain the overall market. The global machine condition monitoring market has a huge potential to grow with the introduction of cloud technology. The rapid growth of the wind energy market will also augment the demand for machine condition monitoring.


Global Machine Condition Monitoring Market: Region-wise Outlook                                      
The global machine condition monitoring market has been segmented into four key regions: Europe, North America, Asia Pacific, and Rest of the World. In North America and Europe, the machine condition monitoring market has witnessed significant demand owing to the rapid growth of sectors such as oil and gas and energy and power. The presence of a number of market players in these regions has also boosted the growth of the market.
Some of the key players operating in the global machine condition monitoring market include Bruel & Kjaer Sound & Vibration Measurement A/S (Denmark), Azima DLI Corp. (U.S.), General Electric Company (U.S.), Emerson Process Management (U.S), Honeywell International Inc. (U.S.), Parker Hannifin (U.S.), National Instruments Corporation (U.S.), SKF (Sweden), Fluke Corporation (U.S.), and Rockwell Automation, Inc. (U.S.). Market players are focusing on new product launches while looking out for partnerships and expansions.
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IOT Sensors Market - New Business Opportunities & Investment Research Report 2023

Global IoT Sensors Market: Overview
Internet of Things (IoT) refers to a network that is implanted with network connectivity, electronics, sensors, and software aiding the gathering and exchanging of data via physical objects. With IoT becoming ubiquitous, sensors are emerging as a potential solution for determining the physical qualities of objects and converting it into a measurable value which can be later used by another user or device. Internet of Things systems are equipped with sensors that can register changes in sound, light, motion, temperature, and pressure. With IoT sensors, tags, and actuators now embedded in objects, communication has become more hassle-free.
The global IoT sensors market is likely to witness extensive growth over the next couple of years owing to the growing market for wearable and smart devices and the development of advanced, smarter, inexpensive, and smaller sensors. Mounting need for real time applications, deployment of Ipv6, and supportive initiatives by governments are further expected to fuel the deployment of IoT sensors IoT owing to the development of the healthcare infrastructure across the globe. However, complex architecture and bandwidth related limitations can hamper the growth of the market. 


Internet of Things (IoT) is a network that is embedded with sensors, electronics, network connectivity, and software enabling physical objects to gather and exchange data. As IoT rises into dominance, sensors are playing a pivotal role for measuring the physical quality of objects and enumerating it into a value, which can be read by another device or user. IoT devices are equipped with sensors which are capable of registering changes in pressure, temperature, motion, light, and sound. In the physical world, more and more objects can now communicate with each other through embedded IoT sensors, actuators, and tags. The global IoT sensors market has been segmented on the basis of types, application and geography. In addition, an exhaustive cross sectional analysis of the global IoT sensors market across four broad regions has been covered under the scope of the study. 
A surge in demand for IoT sensors in the automotive industry and the booming Industrial Internet of Things (IIoT) market are strongly driving the growth of the IoT sensors market. Furthermore, increase in demand for consumer electronics and growing demand for smart devices is boosting the market growth. Smart devices account for a considerable portion of consumer electronics. Thus, increasing global sales of consumer electronics is fueling growth of the IoT sensors market. While smartphones and related products are already used to a large extent, smart electricity, gas and water meters are expected to witness rising demand over the next few years. The conjoint effect of all these trends and drivers is thus set to bolster the growth of the global IoT sensors market during the forecast period. 


North America to Emerge as Leading Adopter of Internet of Things
Geographically, the global IoT sensors market is segmented into Asia Pacific, Europe, North America, and the Rest of the World. In 2014, North America occupied the leading share and was closely trailed by Europe. Collectively these two regions accounted for over 60% in the global IoT sensors market in 2014. However, Asia Pacific is expected to register strong growth over the forthcoming years. The growth of the IoT sensors market in these regions can be attributed to the mounting demand for IoT sensors from the healthcare and consumer goods industries. Governments of developing countries such as China, India, and South Korea are promoting private and public partnerships to expand cloud services through the development of data centers and Internet of Things.
Some of the key players operating in the global IoT sensors market are STMicroelectronics N.V. (Switzerland), Infineon Technologies (Germany), IBM (U.S.), Honeywell International Inc. (U.S.), Robert Bosch GmbH (Germany),  Ericsson (Sweden), Libelium (Spain), Digi International Inc. (U.S.), InvenSense Inc. (U.S.), and ARM Holdings Plc. (U.K.) among others.
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Relatively Higher Costs of GaN Semiconductor Devices to Hinder Market Growth by 2024

The global market for gallium nitride (GaN) semiconductor devices is largely consolidated, with the top four companies commanding a share of over 65% of the overall market in 2015, states Transparency Market Research (TMR) in a new report. The dominant company among these four top vendors, Efficient Power Conversion Corporation, accounted for a 19.2% share of the global market in the said year. The other three topmost companies of the global market, which collectively enjoyed a considerably large share in the overall global market in the said year, are NXP Semiconductors N.V., GaN Systems Inc., and Cree Inc.

Defense and Aerospace Industries Continue to Dominate; Healthcare Industry to Present Novel Growth Opportunities
Of the key end-use industries utilizing GaN semiconductor devices, applications across the defense and aerospace industry are the dominant contributor to the overall market revenue presently. In 2015, this end-use segment accounted for a share of more than 40% of the overall market. GaN-based transistors find enormous demand across a variety of applications in the defense industry. Applications such as electronic warfare, radar communication, and improvised explosive device (IED) jammers are expected to lead to a sustainable rise in demand for GaN semiconductor devices in the sector in the next few years as well. Consistently rising defense budgets across developed and developing economies will help fortify the trend.
New application areas and potential markets for the usage of GaN semiconductors are being explored across the globe, which is expected to grant momentum to the market in the near future. The medical industry, for instance, is expected to emerge as an eminent end-user of the market in the near future. Recent discoveries, such as the confirmation that GaN can be safely used in biomedical implants, will aid market’s development in this direction.


North America and Europe to Remain Most Influential Regional Markets
The market for GaN semiconductor devices in North America presently commands the dominant position in the global market. In terms of revenue, the North America GaN semiconductor devices market accounted for a share of 30% of the global market in 2015. Over the next few years as well, the North America market is expected to expand at an excellent pace, driven primarily by the rising use of GaN-based transistors in the military and defense sectors in the region. Moreover, the rising demand for LEDs in consumer electronic products such as smartphones, gaming devices, laptops, and has further boosted the demand for GaN semiconductor devices in the region.
Trailing the North America market, the Europe market for GaN semiconductor devices is also expected to witness strong growth in the years to come. The European Space Agency (ESA) has identified GaN as a ‘key enabling technology’ for space and has founded the GREAT2 (GaN reliability enhancement and technology transfer) initiative to focus on the manufacture of efficient GaN devices for several space applications in the future years. Moreover, the GaN semiconductor devices market is also expected to benefit from the increased use of GaN high performance amplifiers in the region’s telecommunications industry. The Asia Pacific GaN semiconductor devices market is chiefly driven by the flourishing consumer electronics industry and the rising demand for affordable mobile devices.


As compared to gallium arsenide (GaAS) and silicon carbide (SiC), Gallium nitride (GaN) is a new technology and is a wide band gap semiconductor material. GaN semiconductor devices provide a competitive advantage in terms of thermal performance, efficiency, weight and size. GaN is anticipated to be the next generation power semiconductor and thus different countries are indulged in developing widespread applications of GaN semiconductors. The wide band gap semiconductor technology has matured rapidly over several years. In fact, Gallium Nitride High Electron Mobility Transistors (GaN HEMTs) have been available as commercial off-the-shelf devices since 2005. Recently, the IMEC (Interuniversity Microelectronics Center) in Europe organized a “GaN-on-Si research program” in order to produce an 8 inch GaN-on-Si wafer. However, fully-fledged application of GaN semiconductor devices is still in the nascent stage as compared to silicon semiconductor devices that have been around for more than a decade.
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Global Digital Impression System Market: Increasing Awareness about Benefits of Digital Impression Technology to Drive Demand

The global digital impression system market shows a highly competitive landscape, finds a new study by Transparency Market Research (TMR). The leading players in this market, namely, Sirona Dental Systems, Align Technology, 3Shape, 3M, and Carestream Health, are focusing aggressively on the acquisition of smaller players to eliminate competition, which is likely to further consolidate this market.

Global Digital Impression System Market: Snapshot
The increasing awareness regarding the advantages associated with the digital impression technology over the conventional method of impression, such as the simple, easy, and precise scanning with minimum efforts for both, the patient and the dentist, is having the most prominent influence on the global market for digital impression systems. As these systems eliminate the lengthy and painful process of elastomeric impression utilized for dental applications, their application in dental therapies has augmented substantially. Furthermore, the fact that digital impression systems decrease retakes required in dental applications, such as restoration, thus reducing the overall time and increasing the productivity, is also reflecting positively on the growth of this market.
Going forward, the increasing production of advanced powder-free intraoral scanners at a much reduced price is expected to propel this market substantially over the forthcoming years. Apart from this, the rising uptake of these systems by dentists, prompted by the increasing focus on patients’ comfort and the accuracy of the treatment, is also projected to impel the market in the near future. In 2016, the market stood at US$2.13 bn. proliferating at an impressive CAGR of 18.30% between 2017 and 2025, it is likely to reach US$9.6 bn by the end of 2025.


Demand for Mobile/Portable Systems to Remain Strong
Standalone systems, such as plug and play intraoral scanners, and mobile/portable systems, such as intraoral scanners, tablet/screens, and carts, are the main types of digital impression systems available across the world. Mobile/portable systems have surfaced as the leading contributor to this market. In 2016, this product segment held the topmost position in the global market with US$1.02 bn in revenues.
Thanks to the novel developments in the dental and healthcare industry and the introduction of various new technologies in the market, such as mobile-based tablet intraoral scanners and 3D impression technology, the demand for mobile/portable systems is likely to remain strong across the world in the near future. Nevertheless, standalone systems are also expected to witness a steady rise in their demand over the years to come due to their low costs and compact designs.


North America to Continue its Dominance
North America, the Middle East and Africa, Europe, Asia Pacific, and South America are the prime geographical segments of the worldwide digital impression system market. In 2015, North America dominated the overall market with US$555.4 mn in revenues. Analysts expect this regional market to continue its dominance over the next few years, thanks to the presence of a large pool of established market players. The U.S and Canada are likely to emerge as the key domestic markets for digital impression systems in North America in the near future.
With its booming economies and improvement in consumers’ standard of living, the Asia Pacific market for digital impression is predicted to progress significantly among other regional markets in the years to come. The growing number of large orthodontic clinics and practitioners in Asian economies, such as Japan, China, and India, is likely to boost this regional market considerably over the forthcoming years.
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Global Narrowband IoT Chipset Market: Trends and Opportunities by 2024

Global Narrowband IoT Chipset Market: Overview
The world narrowband IoT chipset market is foretold to offer a host of benefits and birth impressive use cases which could answer for the cellular IoT troubles. Vendors will be able to produce service-level agreements suitable for certain services such as those related to healthcare. Vodafone has stated that its upgrade costs could be kept low with the move to narrowband IoT. With the usage of licensed spectrum, narrowband IoT strongly competes with other low-power WAN (LPWAN) technologies such as LoRa and Sigfox. Besides this, narrowband IoT is pampered with a wider base of established vendors and telecom operators.
The global narrowband IoT chipset market could be segmented on the basis of application, device, stationing, and technology. All of the key areas of the market are broadly discussed so as to gain a deep insight into the industry.
The report on the international narrowband IoT chipset market is a profound study of the industry which presents some of the most conclusive factors deemed significant for any participant looking to cement its position.


Global Narrowband IoT Chipset Market: Trends and Opportunities
The demand in the world narrowband IoT chipset market is envisaged to testify a telling growth rate on the back of a commanding network coverage and more number of connections provided with the help of narrowband IoT technology. However, the global market is not dependent on just one or two growth factors. The surge in the need for cellular IoT networks is anticipated to raise the bar of growth. On an international platform, the demand could gain strength as consumers become aware of the lower component costs and improvised penetration coverage offered by the narrowband IoT technology.
The shortfall of standardization, high operational expenditure, fragmented nature of the market, and technological dependence for application are the main factors prognosticated to put the brakes on the growth of the narrowband IoT chipset industry. Nevertheless, vendors in the global narrowband IoT chipset market can keep their heads up with the surge in Internet penetration and an augmenting employment of the narrowband IoT technology.


Global Narrowband IoT Chipset Market: Competition
Among others, Vodafone Group PLC, U-Blox Holding AG, Ericsson, MistBase AB, and Huawei Technologies Co. Ltd. are foretold to present themselves as major players in the international narrowband IoT chipset market. The report presents a detailed profiling of each player along with an analysis of their key developments and future plans.
Intel XMM 7115 is expected to be a breakthrough modem designed to support the first batch of industrial applications and devices based on narrowband IoT. Intel has taken confident strides forward for exploiting opportunities in the IoT market by collaborating with Nokia and Ericsson and achieving momentum for its long-term evolution (LTE) portfolio.

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Thursday, 6 April 2017

Residential Air Purifier Market - Advanced technologies & growth opportunities in global Industry by 2024

Air purifiers help in removing contagion from the air in a room. Increasing demand for energy saving air purifiers by consumers is one of the key factors likely to drive the residential air purifiers market over the forecast period. Global manufacturers are improving energy saving air purifiers which consumes lower power than conventional air purifiers as they help to reduce carbon footprint and save energy costs. The global market for residential air purifiers is undergoing several improvements in technology which is likely to propel the demand for residential air purifiers over the forecast period. There is a growing demand for residential air purifiers equipped with HPEA filtration technology that helps to remove smoke and pollutants from the home. The common forms of residential air purifiers with HEPA air filtration technology are Sharp Plasmacluster Ion Air Purifier with True HEPA Filtration, Honeywell True HEPA Tower Allergen Remover, Blueair HEPASilent Air Purifier, and Blueair Classic 505 HEPASilent Air Purifier. Global vendors are introducing advanced materials for residential air purifiers in order to increase their efficiency.

The residential air purifier market has been segmented by technology and product category. On the basis of technology, the market has been segregated by HEPA, ionizers and ozone generators, and electrostatic precipitators. HEPA technology dominated the residential air purifiers market in 2015 and it is expected to remain so over the forecast period. The usage of HEPA filters in residential air purifiers helps to trap the air pollutants and helps in allergen relief. HEPA based air purifiers are designed in such a way that it can target small pollutants and particles. This kind of filter is widely available in departmental stores and specialty stores owing to the portable and small unit. On the basis of product category, the residential air purifiers market has been segregated by fume and smoke collectors and dust collectors. Dust collector segment was the most dominant segment on the basis of product category. Owing to the amount of indoor pollution, there has been an increase in the adoption of residential air purifiers in countries such as Brazil, China, and India, which has enhanced the demand for residential air purifiers globally. The increasing occurrence of airborne dust-related ailments, such as cancer, asthma and irritation, and allergic alveoli are also contributing to the sales of dust collector residential air purifiers.


Geographically, the residential air purifier market is segmented by Europe, North America, Asia-Pacific, Latin America, and Middle East & Africa. North America accounted for majority of the market share for residential air purifiers in 2015 and it is expected to remain so over the forecast period. Increase in consumption of residential air purifiers well equipped with HPEA technology based system is helping to eliminate smoke and remove dust from the air inside homes. Asia Pacific is slated to be one of the fast growing regions over the estimated time period.  China and India dominate the residential air purifier market due to adoption of residential air purifiers and the increasing urban population share in the Asia Pacific region. Europe accounts for a steady demand for residential air purifiers due to the increasing awareness about health benefits from using residential air purifiers. Latin America is an emerging market for residential air purifiers owing to the increase in adoption of residential air purifier products in this region.

The major players in the residential air purifier market are Daikin Industries, 3M, Phillips, Honeywell, and Sharp. Some of the key vendors in the residential air purifiers markets are Alen, Airgle, Guardian Technologies, Austin Air, Blueair, EcoQuest International, Hamilton Beach Brands, Homeimage, Fellowes, omeimage, Hoover, IQAir, Sunbeam Products, Whirlpool, Winix, Oreck, and Rabbit Air among others. 


The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Online Beauty and Personal Care Market: A Booming trend in Technology Analytics Industry – 2024

Beauty and personal care products are applied to the skin in order to avoid symptoms such as early aging, black patches, and pimples. The increasing number of millennial shoppers has added to the growth of online retail channels, most of which are price-sensitive. Moreover, consumers prefer shopping online at discounted rates and therefore increasingly adopt online shopping. Hair conditioners, hair styling gels,bath gels,and shower products are the commonly purchased beauty and personal care products online. Additionally, the wide range of products available on online platforms and the time-saving aspect of the medium are factors that have contributed to the rise of the online retail phenomenon. E-retailers offer better security features for online payments, customer-friendly services, easy-to-navigate shopping websites, and easy delivery, due to which the number of consumers using online shopping portals is anticipated to increase significantly in the next few years.
The global online beauty and personal care market is divided in terms of product types into the following categories: skin care, oral hygiene, hair care, color cosmetics, fragrances, sun care, bath and shower, deodorants, baby and child care, male grooming, and depilatory products. Among all of these, skin care products are prominently purchased across different regions. This segment includes facial care products and body lotions which enhance skin quality, prevent wrinkles, rejuvenate the cells, and brighten the complexion. The availability of several brands and new features in the market is expected to boost the online sales of skin care products in the next few years. In addition, leading vendors focus on launching products comprising ingredients derived from organic and natural sources to amplify their revenue generation.

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The online beauty and personal care market is geographically distributed over North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. Asia Pacific accounted for the maximum share in the market in 2015, which is primarily driven by the availability of new brands, consumer experimentation with new products, and an increased demand for fragrances and colored cosmetics. The growing adoption of specific products such as skin lightening products across different age groups as well as anti-aging cosmetics are projected to fuel the expansion of the market in this region. In addition to this, regional brands are also gaining popularity due to their unique properties. Latin America is a potentially attractive market for online beauty and personal care and its share is estimated to rise over the forecast period.
The global market is highly competitive with the presence of a large number of large-scale and small-scale vendors who compete with each other in terms of product differentiation, quality, prices, innovation, distribution, and brand promotion. Key players operating in this market include Amazon, Estée Lauder, Sephora, L’Oréal, and P&G. Other prominent vendors include Macy’s Inc., Drugstore.com, Ulta, e-Bay, Groupon, Kroger, J.C. Penney, Target, and Walmart. They sell different brands including their home brands and private consumer products to end-users. The increasing scope of network marketing and espousal of m-commerce (mobile-commerce) is predicted to be beneficial for these market players during the forecast period. These players dominate the market with their vast geographic presence and production facilities in different countries. However, the global online beauty and personal care market is also characterized by the presence of several regional and small manufacturers who lead the market in countries such as the U.K. and China. Manufacturers are focusing on opening new retail outlets to strengthen their distribution channels and increase their earnings. In order to meet the growing demand of the consumers in the market, a variety of different products are launched by various leading as well as emerging manufacturers.


The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Mobile Virtualization Market: Competitive Dynamics & Global Outlook by 2024

Mobile device management is one of the growing fields in information technology market. Mobile device management deals with integration, monitoring and managing mobile devices such as laptops, tablets and smartphones. Mobile virtualization is an extended field of mobile device management gaining popularity during recent years. Multiple virtual platforms can be installed on a single mobile device or wireless device with the help of mobile virtualization technology. It allows companies to operate various operating systems at a granular level with additional security and flexibility offerings. 
The growth of machine to machine (M2M) technology is the primary growth driver to mobile virtualization market. Growing use of smartphones and technology enabled devices are generating the demand for mobile virtualization technologies. Smartphone adoption is growing at a faster rate, with several applications such as social media applications, financial applications, entertainment applications used under a single platform. With these applications, confidential data is also stored on the device, to minimize the potential risks the need for mobile virtualization has increased. Bring your own device (BYOD) concept is popular among corporates, also, carrying separate devices for personal and corporate use has become a complex matter, mobile virtualization helps in reducing these complexities. Data stored on the mobile virtualization enabled smartphone is encrypted, this prevents the external sources to interact or access the corporate data stored on the smartphone. The operating systems can be protected with passwords for the corporate side of the smartphone. Additionally the personal data such as photos, personal emails and social network data can also be protected with mobile virtualization effectively. One can use the same technology enabled device for business as well as corporate use with the help of mobile visualization as this system protects the credentials of the user. 


The use of mobile virtualization can enable the user to use two operating systems on the same smartphone. Mobile virtualization favors reuse of software and hardware by which the mobile devices can be manufactured with reduced cost, thus this would also help the companies to reduce the time required to develop a software. These factors are cumulatively driving the growth of mobile virtualization market. Growing adoption of cloud computing in business operations is also anticipated to drive the market, as the growth of mobile virtualization is dependent on cloud computing. Mobile virtualization comes with robust security options, thus making it safe to use multiple operating systems on a single electronic device. Lack of awareness about the advantages of mobile virtualization is one of the limitations to mobile virtualization market as the technology is still in its initial development phase. However, it is understood that major companies in different regions have made strategic collaborations with leading technology companies to provide mobile virtualization services. Small and medium enterprises (SME) along with the large enterprises are anticipated to adopt mobile virtualization technology during the forecast period. 
Industry participants engaged in mobile virtualization market are Cellrox ltd, IBM Corporation, Fraunhofer-Gesellschaft, VMware, Inc., Red Bend Software, Inc., Xen Technologies Pty Ltd, Attune Systems, Open Kernel Labs and Motorola Inc.


The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Global Machine Learning as a Service Market: Increasing Shift towards Cloud Computing to Reflect Positively

With a large pool of participants, the global machine learning as a service (MLaaS) market is highly competitive in nature, states a research report by Transparency Market Research (TMR). The market, predominantly led by Amazon, IBM Corp., and Microsoft, experiences an intense rivalry between participants. The top three players held more than 73% of the overall market in 2016, thanks to the continual development and innovation in machine learning techniques.

Global Machine Learning as a Service Market: Overview
This report on the global machine learning as a service market provides analysis for the period 2015–2025, wherein 2016 is the base year and the period from 2017 to 2025 is the forecast period. Data for 2015 has been included as historical information. The report covers market dynamics including drivers, restraints opportunities, and trends expected to influence the global machine learning as a service market growth during the said period.
Technologies that are playing a major role in the driving the global machine learning as a service market have also been covered in the study. The study provides a comprehensive analysis on market growth throughout the above forecast period in terms of revenue estimates (in US$ Mn), across different geographies.


Global Machine Learning as a Service Market: Snapshot
The global market for machine learning as a service (MLaaS) has gain a significant impetus over the last few years, thanks to the increasing penetration of Internet across the world. The massive amount of data being generated due to the increased usage of internet, shifting preference of organizations towards cloud computing platform, surging adoption of advance technologies, and the augmenting demand for machine learning among a number of industries, such as healthcare and life sciences, BFSI, and retail, are the key factors behind the significant growth of this market.
Going forward, the extensive proliferation of IoT connected devices is anticipated to create new growth opportunities for market players in the near future. As machine learning capabilities are projected to be integrated in more platforms and software, enabling organizations to take advantage of them, the market is likely to witness a substantial rise in the years to come. In 2016, the market presented a total opportunity worth US$1.07 bn in 2016. Expected to progress at an exponential CAGR of 38.40% between 2017 and 2025, it is likely to reach US$19.86 bn by the end of 2025.


Healthcare and Life Sciences Industry to Remain Leading End User of MLaaS
The manufacturing, retail, telecom, healthcare and life sciences, BFSI, and various other sectors, such as energy and utilities, education, and the government, are the key end users of machine learning as service across the world. Among these, the healthcare and life sciences segment has emerged as the key contributor to this market, thanks to the growing need for machine learning in this sector to integrate the structured and unstructured data, especially the data generated by electronic health record (EHR) and the genomic and claims data.
Over the coming years, the demand for MLaaS is anticipated to increase substantially in other end-use industries, specifically in the BSFI, retail, telecom, and manufacturing, in order to enhance the decision-making capability of machines used in these industries.
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Logistics Robots Market - New Tech Developments and advancements to watch out for 2024!!

Logistics robots are automated machines that improve the efficiency of logistics operations. The use of robots in logistic networks serves as an efficient alternative to the customary belt-based transportation system. Logistic slots and concomitant networks are designed in the zone where logistic robotics operations are desired to be undertaken. Logistic robots are self-directed floating devices enabling the easy transportation of assets/merchandises in an appositely designed logistic network. 
Logistic robots simplify operations in vast accommodations, such as airports and automotive work-floors, and at the same time simplify the passage activity for end-users. This distinct norm is anticipated to serve as a major driver for the logistic robot segment during the forecast period. Logistics robots are deployed by airport ground crew and factory management for the proper management of time and resources in material and goods transmission activities. The industrial sector is undergoing a revolutionary technological transformation from tangibly managed activities to automation technologies, on account of increasing global export activity. The evolution of the logistic robotic substructure as per business requirements has abridged the associated time losses and theft intimidations. Furthermore, the shortcomings of archival delivery techniques, hampering production and sales outcomes, are expected to be a key driving factor for the logistic robots market. However, high R&D investment and initial acquisition cost are anticipated to restrain the market’s growth in the current scenario. Low adoption rate to technically advanced infrastructure would challenge market evolution over the forecast period that would be overawed eventually. Strong demand for logistics robots in the supply chain management and defense & military verticals would put forward immense growth opportunities in the years come.


Industrial logistics robotics projects are enduring worldwide with an emphasis on end-to-end process automation. Key to industrial robots application is keeping costs down.  Adapting existing tools, implementing commercial mechanisms, and loading and unloading pallets is emerging as the best way to build viable robots. 
The global logistics robots market can be segmented on the basis of component, operation environment, product type, and application. Based on component, the market can be segregated into hardware and software. The operation environment segment can be further classified into warehouse, outdoor, factory, and others. Based on product type, the logistics robots market can be further divided into robotic arms, unmanned aerial vehicles (UAVs), and unmanned ground vehicles (UGVs). Furthermore, the market can be segmented on the basis of application, which includes pick & place, loading & unloading, packaging & co-packing, shipment & delivery, and others.


The Asia Pacific region is anticipated to dominate the global logistics robot market during the forecast period owing to the demand for labor. With the growth of the e-commerce industry in the region, the application of robots is expected to provide increased efficiency. Additionally, North American countries including the U.S. and selective European countries such as the U.K. and France are anticipated to grow at a considerable pace in the logistics robots market to bring new automated process into various industries.
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Wednesday, 5 April 2017

Voice over Wireless LAN (VoWLAN) Market -An insight on the important factors and trends influencing the Industry by 2026

Global Voice over Wireless LAN Market: Overview 
The global voice over wireless LAN (VoWLAN) market is forecast to grow at a robust pace between 2016 and 2024. The rising demand for technologies supporting enterprise mobility, responsiveness, and improved productivity within organizations will aid the market’s expansion worldwide. The multi-billion dollar industry is therefore expected to continue exhibiting robust CAGR through the course of the report’s forecast period.
The report is compiled to provide a comprehensive overview of the global voice over wireless LAN market. It covers various segments such as application, end user, solution, geography and presents insights into the growth drivers, challenges, and opportunities pertaining to the overall market. The Porter’s five forces analysis is included in the report, coupled with the evaluation of its forces and their impact on the overall market. 
Information thus included in the market study is sourced via proven research methodologies and from trusted industrial sources. It is then presented in a coherent chapter-wise format, interspersed with relevant statistics, graphs, and infographs. The report is compiled to help stakeholders understand the prevailing market dynamics better and gain a better perspective about the future scope. The report also includes detailed profiles of some of the leading market players and conducts SWOT analysis on them. 


Global Voice over Wireless LAN Market: Trends and Opportunities 
Growth witnessed in the global voice over wireless LAN market is attributed to the rising demand affordable Wi-Fi solutions, which provide greater indoor coverage. The market is also expected to gain from the advent of 5G technology, due to voice integration of the technology. 
Among various end users, the demand witnessed across public and government offices will be major revenue contributor to the market. The segment is also expected to report comparatively higher growth in the market over the forecast period. The demand for automating operations across public offices such as municipality department, service call centers, and ordinance enforcement will fuel the deployment of wireless networks aimed at improving the reach and availability of networks. 
Besides this, the rising demand from sectors such as healthcare, retail, manufacturing and distribution, education, hospitality, IT and telecom, BFSI, and logistics and transportation will aid the


Global Voice over Wireless LAN Market: Regional Outlook 
Among the various regional markets, opportunities witnessed in Asia Pacific will prove highly lucrative for VoWLAN vendors. Rising investment in expansion plans and infrastructural development across key Asian economies such as India and China will create an environment conducive to the growth of the global voice over wireless LAN market in the region. Besides this, encouraged by favorable government initiatives, installation of VoWLAN systems is poised to surge in Asia Pacific. For instance, a leading network systems integrator in Japan called NETMARKS has partnered with the U.S.-based Colubris Networks to distribute wireless LAN networks across the country. This will create lucrative prospects for the VoWLAN market in Japan as the country exhibits a considerably high demand for smartphones, which is used for Wi-Fi calling as well. Moreover, the market is also expected to gain from the persistently high demand from the Americas. 
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RFID Lock Market Major Advancements in the Technologies; Global Industry Analysis 2024

A radio frequency identification (RFID) lock has electromagnetic fields that spontaneously identifies and tracks devices which are attached to objects. Rise in demand for access regulated systems with near filed communication (NFC) technology is expected to drive developments in the RFID lock market during the forecast period. NFC technology is a short- ranged wireless technology that is created on RFID and is specially designed for smartphones and other mobile devices. The link between the two NFC facilitated devices is recognized by fetching devices in the vicinity. A key factor responsible for the rising acceptance of NFC is its capacity to assimilate smart cards into mobile phone devices with the assistance of card simulation.
This technology can also be used for ticketing and payment. NFC technology is widely used for the bond assignment functionality, where NFC compatible devices are used for unlocking the Bluetooth supported door or a RFID lock with the help of mobile phones or by touching a tag. Additionally, NFC technology helps in RFID communication among electronic locks with the assistance of NFC-ready mobile devices. Rise in demand for RFID-based furniture locks is expected to drive the demand for RFID locks. Growing popularity of RFID-based furniture locks lies in its capability of integrating into an employee’s symbol to get control of access privileges. The chips which are embedded in badges, bracelets, and transponders allow employees to gain entry into the organization’s departments by contact free-transmission.


By geography, the RFID lock market is segregated into North America, Europe, Asia Pacific, Middle-East & Africa, and Latin America. North America held the key share of the RFID lock market in 2015 and is anticipated to remain dominant during the forecast period. Rise in demand for technology in the residential sector is one of the key factors driving the RFID lock market in this region. Increasing demand for RFID locks combined with mobile access solutions is driving demand in North America. The U.S is one of the large markets for RFID locks in North America. Europe has a considerable share in the global RFID lock market owing to the increasing popularity of mobile connectivity.
This is a growing opportunity for hotels to drive the demand for RFID locks by using mobile access solutions. Germany and France account for majority of the market share in this region. Asia Pacific is one of the fast growing regions for RFID locks and is projected to remain so over the forecast period. Adoption of RFID based locks is one of the major factors driving the RFID lock market in this region. China and Japan are likely to create more opportunities for the RFID lock market in this region. Middle East & Africa has an emerging RFID lock market due to the wide popularity of smart home devices used for residential purposes. Saudi Arabia is one of the large markets in the RFID locks market in this region. Latin America is an emerging region for this market.


The RFID lock market is fragmented and competitive owing to the extensive presence of a large number of players. Global manufacturers are aiming to acquire local players in order to expand business. Manufacturers are adopting innovative technologies in order to expand their business worldwide. The key players in the RFID lock market are ASSA ABLOY Hospitality, MIWA Lock, Dormakaba, and Samsung. Some of the key vendors in the RFID lock market are Godrej Locking Solutions and Systems, Allegion, LockState, Onity, SALTO Systems, and Hettich Hettlock.
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IoT Monetization Market New Business Opportunities & Investment Research Report 2026

Global IoT Monetization Market: Overview
With the advent of the Internet, everyday devices are now interconnected. Due to the proliferation of the IoT, several offices and homes have become smart –functioning through connected devices. Increased usage of smart devices such as smart phones and tablets is pushing the demand for IoT monetization. It is a trend that is becoming a serious business activity for many and opening doors for future growth.
The IoT monetization market can be segmented on the basis of application into healthcare, building & home automation, retail, agriculture, automotive & transportation, consumer electronics, industrial, energy, and others.
The report presents a broad overview of various factors contributing to the expansion of the global IoT monetization market. It also provides insights into challenges that the market could face over the forecast period. The prevailing trends in overall market operations are also studied in the report in detail.


Global IoT Monetization Market: Geographical Evaluation
On the basis of geography, the global IoT monetization market can be segmented into Europe, Asia Pacific, North America, and Rest of the world. It is projected that North America will account for a large share in the overall market, and will continue to exhibiting robust growth through the forecast period. In North America, the U.S. is a key contributor to the IoT monetization market. Factors such as presence of several IoT companies in the region and fast adoption of new technology by the masses are driving the market in North America. Several IoT companies present in the U.S. offer a variety of IoT devices for applications in automotive & transportation, industrial, retail, healthcare, consumer electronics, and other sectors.
The other major contributor to the market is Asia Pacific. Recent developments in technology, increased disposable income, high usage of smart phones, and better Internet connectivity are some of the factors positively impacting the market growth in this region.


Global IoT Monetization Market: Vendor Landscape
The report profiles some of the key companies operating in the market. It also offers insights into the threats and opportunities that the companies are projected to witness in the coming years. BM Corp., Intel Corp., Cisco Systems, Inc., PTC, Inc., General Electric Co., Oracle Corp., Google Inc., Microsoft Corp., SAP SE, and Amdocs Ltd, Infosys Ltd., Tata Consultancy Services, and Robert Bosch GmbH are a few of the prominent players functioning in the global IoT monetization market.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Enhanced Vision System Market - New Tech Developments and advancements to watch out for 2024!!

Enhanced Vision System utilize sensors and other technologies such as millimeter wave radar and infrared to provide a better view of the outside world which is displayed either on a Head up Display, a Head down Display or both. The primary benefit of enhanced vision systems is improving situational awareness, not only during take-off, approach and landing, but also during ground maneuvering. These systems help the pilot to see the terrain or the airport environment in low visibility situations, during day and night. These system help pilot see through smoke, smog and haze during the day. During the night, enhanced vision systems help pilots eliminate the visual effect of darkness, turning it into day on the display and enable pilots to avoid clouds at night.
Reliable operability of aircrafts is one of the major drivers of the global enhance vision system market. Enhanced vision systems also help improve situational awareness and aircraft safety during low visibility thereby minimizing accidents which is expected to be another factors driving the global enhanced vision systems market. Moreover, the growing air traffic is expected to demand such safety enhancing technologies from flight operators which is also expected to drive the market.
Furthermore, huge amount of initial investments required by both original equipment manufacturers (OEMs) and aircraft manufacturers to setup machinery, skilled workforce, state of the art technical equipment and integration platform is one of the major restraints of the global enhanced vision system market. The lengthy clearance procedure and red-tape encountered during approving of components, their installation and up gradation are also expected to hinder market growth.


The global enhanced vision system market can be segmented on the basis of technology, component, platform and region. On the basis of technology, the market can be divided into infrared, synthetic vision systems, GPS and millimeter wave radar. On the basis of component the market can be divided into sensors, processing units, control electronics, camera and display. On the basis of platform the market can be divided into fixed and rotary. On the basis of region, the market can be divided into North America, Europe, Asia Pacific, Middle East and Africa and South America. North America estimated to account for a prominent share of the market during the forecast period. The presence of large number of original component manufacturers (OCMs) and original equipment manufacturers (OEMs), the presence of key market players and major technological up gradation of existing equipment are some of the reasons anticipated for regions’ significant share in the market. Asia-Pacific is expected to grow at a considerable rate during the forecast period. This is due to the growing demand for private & regional jets, increased safety and reliable airline operations, presence of large OEMs and fluctuating weather conditions in the region.
The major players of the global enhanced vision system market are Astronics Corporation, Elbit Systems Ltd., Esterline Technologies Corporation, Honeywell International, Inc., L3 Technologies, Inc., MBDA Inc., OPGAL Optronics Industries Ltd., Rockwell Collins, Inc., Thales Group and United Technologies Corporation. 


The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Biometric Vehicle Access System Market -Strengthening Emerging Economies to Offer Tremendous Scope for Growth

Biometric vehicle access system is a technology developed for automated access to a vehicle based on behavioral or physiological characteristics. It is used for verification and recognition of a manual access for better anti-theft protection and sense of comfort and safety for car owners. The biometric vehicle access system technology is user-friendly, reliable, and convenient. These systems are primarily adopted by renowned automotive brands such as Mercedes-Benz, BMW, Ford, and Volkswagen. These brands are adopt biometric vehicle access technology in order to seek better ways to strengthen the safety and security system of their vehicles. The biometric vehicle access system entails few access tests to verify highly-secure and authorized controls. After passing these tests, the biometric access control system allows the user to start the engine of the car. Voice verification, fingerprints, hand geometry, and retina/ iris/ face recognition are the various types of biometric vehicle access systems available in the market.
The biometric vehicle access system market can be segmented based on authentication type, future technology, and vehicle type. Based on authentication type, the market can be bifurcated into fingerprint and voice. The fingerprint recognition system is expected to account for the major share of the biometric vehicle access system market, considering its high reliability. Fingerprints of two people are never the same; they can be distinguished. Therefore, the chances of fraud in the fingerprint recognition system is lesser than that in the voice recognition system. Voices of two persons can be the same. This can lead to deception.


Based on future technology, the biometric vehicle access system market can be segregated into retina or iris and face recognition system. Demand for the iris recognition system is expected to increase rapidly due to the rise in demand for safety features. The face recognition system carries chances of fraud, as faces can be cloned. Many scams related to cloning of faces have been unearthed in the past. Thus, demand for iris or retina recognition system has been increasing. The segment is in the growth phase and is anticipated to expand significantly by 2024.
Based on vehicle type, the biometric vehicle access system market can be segmented into passenger cars and battery electric vehicles. Biometric vehicle access systems are still in the growth phase, as these are developing technologies. Increase in industry standards such as the BioAPI is estimated to boost the biometric vehicle access system market in the near future.
In terms of region, Europe dominates the global biometric vehicle access system market, led by growth in the automobiles industry. Germany is a major manufacturer of automobiles across the globe. This is projected to propel the global biometric vehicle access system market in Europe. The automotive industry in Europe adopts highly advanced technologies compared to that in Asia Pacific or North America. Rise in population in Asia Pacific is likely to drive the biometric vehicle access system market in the region. The biometric vehicle access system market in India and China is expanding significantly. North America is also a favorable market for biometric vehicle access system. Demand for biometric vehicle access system is low in Middle East & Africa and Latin America compared to other regions; however, demand for these systems is anticipated to rise in the near future due to growing automobile industry in the region.


The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Global 3D Metrology Systems Market Estimates and Forecasts to 2024

3D (three dimensional) Metrology System is a technology to measure any distance, length, height and point of a three dimensional (3D) object for practical and theoretical aspects of measurement in any field. It converts the real model into architectural images and videos for better results. 3D metrology works on measurement data and helps throughout the industrialization processes such as designing, production preparation and purchasing. 3D metrology system mainly used for quality control for accuracy in production. It plays a vital role in converting a raw manufacturing unit into a finished product. Moreover, it can also measure hidden points which are not possible to measure manually.
Demand of 3D metrology is increasing rapidly as it provides simplified solutions to the users, furthermore, it saves time and gives accurate results driving the market. 3D metrology systems emphasize on quality control for addressing manufacturing issues and deliver the best possible outcome. It can process huge volumes of 3D data at a time for analysis and modeling purpose. Automotive organizations are expected to generate substantial demand for 3D metrology technology in the future. It is immensely important to increase the inspection capability, coordinate the measurement processes and improve the quality of finished products in an automobile industry.


3D metrology technology assists automotive organizations in achieving these goals. Coordinate measuring machines (CMM) and Optical measurement systems (OMS) are two majorly used product categories of 3D metrology technology in automotive industries to improve the comfort level along with the safety and security aspects of the vehicle. CMM is a type of measuring device which determines movable coordinated points on the surface. It can be used for better accuracy, higher productivity, ultimate scanning and increase inspection performance. OMS is a technique which is used for optical sensor to collect the measurement data. However, set-up and installation cost of a 3D metrology system is very high. Additionally, it is very complicated to understand the system of 3D metrology due to lack of expertise and lack of simple software solution. Moreover, growing demand from construction and automotive industries is an opportunity to drive the market of 3D metrology system in the future.
3D metrology system market can be segmented according to product, application, industry verticals and region. Application segment is further divided into surface finish, automated image inspection, step height, dynamic metrology, film thickness, transmitted wave front, radius of curvature, position and angle measurement. Industry verticals of 3D metrology system market are automotive, medical, aerospace and defense, architecture and construction, energy and power, Geospatial, Electronics, Heavy Machinery and others. Furthermore, according to the product 3D metrology system market is divided into Video Measuring Machine (VMM), Coordinate Measuring Machine (CMM), Optical Digitizer and Scanner (ODS). 3D metrology system market is divided into five segments according to the region which are North America, Europe, Asia Pacific, Middle East and Africa (MEA) and South America.


The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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Monday, 6 March 2017

Enteral Feeding Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019

Enteral feeding devices, also called as artificial nutrition support system are used to deliver nutrition or medication to the patients. These devices are considered as the first choice of treatment option for patients suffering from functional gastrointestinal disorders (FGID). Increasing need of reconstructive surgeries coupled with technological advancements in these devices are expected to widen the market for enteral feeding devices. In addition, rising incidences of chronic diseases such as cancer, neurological and gastrointestinal disorders and increasing healthcare awareness are driving the demand for enteral feeding devices market globally. The global enteral feeding devices market is estimated to be USD 2,033.1 million in 2012 and is expected to reach USD 3,102.0 million by 2019, growing at a CAGR of 6.2% from 2013 to 2019.
Enteral feeding devices market is segmented mainly by product types and stages (age groups). Enteral feeding tubes, pumps, administration reservoir, giving sets and enteral syringes are major types of these devices based on product types. Enteral feeding devices market is further segmented by stages namely, pediatric and adult population. Enteral feeding devices market is witnessing a paradigm shift from the usage of parenteral devices to enteral feeding devices due to uptake of advanced technologies (such as low profile gastrostomy) and cost effective alternatives (e.g. enteral feeding tubes and giving sets). These devices have also gained widespread popularity because manufacturers are constantly coming up with new and innovative devices that are easy to use and have few complications. For example, introduction of balloon inflated gastrostomy tubes enable users to feed directly into the stomach so that feeding of nutrition and medication is possible without swallowing. This technique provides a safe and long term method for obtaining nutrition. Growing geriatric population coupled with rising preference of home enteral therapy has resulted in a steady rise in the demand of enteral feeding devices. In addition, introduction of International Organization for Standardization (ISO) and rising cases of preterm birth that demands feeding by enteral devices are the factors accentuating the growth of this market during the forecast period. However, complications related to enteral nutrition delivery such as diarrhea, gastrointestinal complications, and non-obstructive intestinal ischemia and stringent reimbursement policies restrains the market growth.
Europe contributed the largest share, i.e. over 35%, in 2012 of the global enteral feeding devices market. Rising geriatric population and increasing awareness about enteral nutrition are the major driving factors for the growth of enteral feeding devices market in Europe. North America contributed the second largest share i.e. over 30% of the total market in 2012. Preference for home based enteral therapy has led to reduction of frequent visits to clinics and hospitals, consequently increasing the uptake of enteral feeding devices in the North American region. The Asia-Pacific region is expected to witness the fastest growth due to expanding population coupled with rising number of preterm birth cases. High prevalence of gastrointestinal disorders and cancer are the contributing factors for the growth of enteral feeding devices market in this region.
Enteral Feeding devices are used for providing nutrition, hydration or medication through flexible tubing or pumps inserted directly into the stomach or parts of small intestine. Enteral feeding is indicated for patients who are suffering from functional gastrointestinal disorders (FGID) and is considered as an ideal option when a patient is unable to maintain an optimal nutritional level orally. These devices play an important role in various disease conditions such as neurological diseases, gastrointestinal diseases, organ system failure and hypermetabolism. With increasing awareness about the beneficial role of enteral nutrition, the demand for enteral feeding devices is also expected to increase during the forecast period. The market for enteral feeding devices is segmented on the basis of product types and stages (age groups). Product segment includes enteral feeding tubes, pumps, administration reservoirs, giving sets and enteral syringes. While stages segment comprise of pediatrics and adult population. This report explains various technological advancements taking place in each segment. The report includes market estimations of the global enteral feeding devices market in terms of value (USD million) for the period 2013 – 2019, considering 2012 as the base year. In addition, current market trends and recent developments are taken into consideration while determining the growth rate of the global enteral feeding devices market. The report provides market size and forecasts for each segment and geographic region with CAGR % for the period from 2013 to 2019.
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
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Sunday, 5 March 2017

Clinical Trial Management System (CTMS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019

Clinical trial management system (CTMS) is a software solution for proper management, storage and analysis of drugs associated clinical data. Globally, the CTMS market is witnessing significant growth due to increasing R&D investment in pharmaceutical, life science and clinical research industries.It empowers organizations and research centers to enhance productivity and effectiveness of clinical trials by advancing and managing clinical trials. Integration of CTMS with HIS provides more accurate and time saving documentation, and it is also one of the major driving factors for the growth of the CTMS market.
Additionally, increasing prevalence of diseases is supporting clinical trials in different regions, and increased clinical research outsourcing is playing a major role in the growth of the CTMS market. Presence of various end users such as pharmaceuticals, clinical research organizations (CRO) and healthcare providers has increased the acceptance of CTMS. The CTMS market was estimated to be USD 844 million in 2013. It is likely to grow at a CAGR of 14% during 2013 to 2019 to reach USD 1,848.5 million in 2019.
Overview of the Global Clinical Trial Management Systems Market
The CTMS market has made enormous progress in the Asia-Pacific region as the adoption of clinical trial management systems in the field of medical research and pharmaceuticals industry have increased manifold over the past decade. On a global front, the CTMS market had an estimated net worth of approximately US$844 million in 2013. By growing at a compound annual growth rate of 14% during the forecast period, the worldwide CTMS market is expected to acquire market value worth US$1,848.5 million by 2019.
A major factor that has positively influenced the CTMS market is the integration of CTMS solutions with Hospital Information Systems (HIS). This has allowed the global CTMS market in achieving substantial growth in the past few years. Rising prevalence of chronic diseases across the globe is also proving detrimental in growth of the global CTMS market.
Companies mentioned in the research report
A major portion of market shares of the global CTMS market is captured by two leading companies – PAREXEL and the Oracle Corporation. Apart from these, the key market players that dominate the global CTMS market include MedNet Solutions, Bio-Optronics, eClinforce, BioClinica, DSG and Forte Research, among others.
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
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