Market Research Industry News: April 2019

Wednesday, 10 April 2019

Radio Access Technology Market: Moving Towards a Brighter Future

Radio access technology (RAT) refers to an innovative method of physical connection for a radio based mobile communication network. It is focused on meeting customer needs by centralizing the base stations and providing a supportive solution between multiple network operators. Many modern phones have in build system for supporting several RATs in one device such as Wi-Fi, Bluetooth, etc. This technology offers improved performance and operational expenditure, together with high energy efficiency, minimal cost, enhanced spectral efficiency, and centralized network architecture.
These unique features offered by radio access technology are the primary drivers of the market. As a result of exponentially increasing data consumption, market vendors are expected to replace the conventional network architecture with advanced cloud based radio access technology. Ongoing technological advancements in the telecommunication industry as well as growing demand for improved network coverage is expected to boost the growth of radio access technology market during the forecast period. However, stringent government regulations regarding obligation of global security standards and delay in the standardization of spectrum allocation is restraining market growth. On the other hand, considerable investment in new generations of mobile technologies, such as 4G and 5G, and development of cellular base stations by mobile operators is providing new opportunities for market growth.
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The global radio access technology market is classified on the basis of communication technology, deployment, end-use and geographically. Radio access technology market by communication technology is categorized as 2G, 3G, 4G/LTE and 5G. Categorization on the basis of deployment comprises cloud based, on-premise and hybrid. Based on end-use, the market is studied for large public venues, targeted outdoor urban areas, residential areas, suburban areas, rural areas and others. The global radio access technology market has been divided into five geographic regions i.e. the Americas- North America and South America, Europe, Asia Pacific, and Middle East and Africa.
Based on communication technology, the 3G and 4G segment in the radio access technology market is anticipated to witness high growth rate during the forecast period. This is due to growing demand for mobile data services such as multimedia sharing, online video streaming, and increasing adoption of online mobile applications has compelled the need for strong connectivity and network densification. By deployment type, the cloud based deployment is forecasted to hold a large market share owing to widespread trend of smartphone adoption and the multiple benefits offered by cloud radio access technology to it. Among various end use segments, the urban segment is predicted to hold a large market share. Growth in data centers and the need for enhanced data capacity as well as network coverage in dense environments, such as targeted outdoor urban areas and large public venues (example- enterprises, stadiums and subways).
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Geographically, North America is anticipated to hold maximum market share for radio access technology market. Dedicated focus of network operators on providing advanced networking technology solutions to the consumers is likely to be responsible for this growth. Asia Pacific region is estimated to be among fastest growing region primarily due to growing adoption of advanced networking technologies such as 4G/LTE and 5G across countries such as China, India, and Japan. Rapidly evolving Internet of Things (IoT) ecosystem and industry in this region has also enhanced the growth of the radio access technology market. Companies in the APAC region are forward in the adoption of disruptive technologies such as Internet of Things (IoT) and artificial intelligence.
The key players of the global radio access technology market are Intel Corporation, Cisco Systems, Inc., Nokia Corporation, Ericsson AB, Telco Systems, Hitachi Data Systems Ltd., Aricent Inc., Agilent Technologies, Inc., ZTE Corporation, Ceragon Networks Ltd., Actix International Limited, and Huawei Technologies Co., Ltd., among others.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

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3D Optical Metrology Solutions Market Future Prospects and Regional Outlook

Optical metrology is the technology and science concerning measurements using light. It is the characterization of physical surface properties such as flatness, roughness, curvature, dimensions, etc. These measurements are done to monitor whether the optical component will perform its desired functions or not. Optical metrology solutions use advanced technology to measure hidden dimension, unknown quantities and of various objects that are either impossible or difficult to measure physically.
There has always been the necessity to approve precise measurement data that comply with international industry measurement standards. One of the key organizations, the International Bureau of Weights and Measures is in authority for introduction of international measurement standards for various industries. Organizations across various sectors have to follow such measurement standards, and thus compulsion to follow international measurement standards is among the prominent factor propelling the progress of the global 3D optical metrology solutions market. Also, measurement, inspection, and quality control in the manufacturing process of various industries are expected to drive the growth of the global 3D optical metrology solutions market.
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The 3D optical metrology solutions market has been segmented based on deployment, enterprise size, application, and region. Based on deployment, the 3D optical metrology solutions market is segmented into cloud based and on-premise deployment models. The cloud based deployment segment is projected to grow at a significant pace. This is majorly due to the increase in adoption of cloud-based solutions coupled with increasing scalability offered by 3D optical metrology solutions.
By enterprise size, the global 3D optical metrology solutions market is segmented as large enterprises, and small and medium enterprises (SME’s). Large enterprises are expected to have a prominent share in the global 3D optical metrology solutions market, due to their rising investments in advanced technologies. In terms of application, the 3D optical metrology solutions market is segmented into automotive, consumer electronics, aerospace, construction, power, medical and others. Automotive sector is estimated to dominate the 3D optical metrology solutions market. This is due to the increasing adoption of optical metrology solutions in the automotive sector.
Geographically, the 3D optical metrology solutions market is segmented into Asia Pacific, North America, Europe, Middle East & Africa, and South America. North America is expected to dominate the 3D optical metrology solutions market. The U.S and Canada are projected to drive the growth of the 3D optical metrology market in this region due to technological advancements. North America is expected to have major share in the 3D optical metrology solutions market as most of the prominent companies in the market are present in this region.
Asia Pacific-based 3D optical metrology solution providers also have major opportunities lined up for them over the coming years. Asia Pacific is expected to grow significantly on account of the growing information and technology sector in countries such as China, India, South Korea, Japan, and the Philippines. With the increasing application areas of optical metrology solutions and development of emerging markets, the 3D optical metrology solutions market is set to improve in the coming years.
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Key players in the global 3D optical measurement solutions market include Hexagon AB, Carl Zeiss, Renishaw, FARO, Nikon, Mitutoyo, Keyence, GOM, Perceptron, Wenzel, Creaform, and Zygo among others. Explosive growth in the number of optical metrology solution providers coupled with extensive developments in the technology are expected to take place over the next five years owing to the enormous market potential offered and the success of the optical measurement technology. Key players in the 3D optical metrology solution market are prominently focusing on introduction of advanced services and solutions in order to strengthen their position and improve their customer base in the market.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

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Future Growth: Application Performance Management (APM) Software Market Sees Promising Growth in 2019

Application performance management software is a combination of enterprise performance management (EPM) or corporate performance management (CPM. It helps an organization in its planning, budgeting, modelling, and forecasting activities through dashboard displays of enterprise performance data and real-time and predictive analytics. Application performance management software monitors and manages the organizational performance by analyzing key performance indicators such that individual and project performances can be improved in relation to organizational goals and strategies. This helps in increasing organizational profitability through effective strategizing and planning. Additionally, it gives an organization a competitive edge through forecasting, and internal and external insights.
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The growing need to track and analyze organizational performance, especially with huge data generated due to rising digitization among companies, has been driving the need for application performance management software globally. The increasing amount of data generated and recorded by organizations can be analyzed to track and scrutinize performance at all levels of the enterprise. With growing competition, there is an immediate need to gain a competitive and strategic edge over competitors. Through application performance management software, businesses gain the insights needed for quick-decision-making and strategic advantages, which is an add-on feature in such software. Additionally, growing volumes of business and customer data generated by organizations find application in this software, thus emphasizing the need for application performance management software. Furthermore, this software satiates the needs of a business for a holistic process that links key performance metrics with organizational goals such that they are aligned to the objective of maximizing profitability. This is further bolstering the demand for application performance management software globally. Additionally, the ease of accessibility offered through cloud-based systems is also fuelling growth of the application performance management software market. However, operating the software requires adequate training. Further, adopting a consistent and effective application performance management software is a huge concern for organizations. Such challenges in the adoption of this software are obstructing the growth of the application performance management software market. Nevertheless, customization in this software is expected to present potential growth opportunities during the forecast period.
The global application performance management software market can be segmented on the basis of deployment, organization size, end-use vertical, and geography. As per deployment, the market has been categorized into cloud and on-premise. In terms of organization size, the market has been categorized into small & medium enterprise (SME), and large enterprise. Based on end-use industry, the market has been segmented into IT and telecom, BFSI, retail, manufacturing, healthcare, and others.
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The global application performance management software market is segmented on the basis of regions into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America is anticipated to hold a prominent share in the global application performance management software market. This dominance is primarily due to the presence of many global players in this region especially in the U.S. and Canada. Europe is also forecast to have a significant position in terms of market share. This trend can be attributed to the increasing focus on innovations obtained from research and development and IT technologies in the developed countries. Furthermore, Asia Pacific is expected to emerge as the fastest growing market in the years from 2018 - 2026. High adoption of application performance related solutions along with the growing adherence toward regulatory compliances are some of the factors driving the Asia Pacific application performance management software market. Growing economies in the Asia Pacific region such as India and China are inviting global players to their local markets which is supporting the growth of the application performance management software market in the region.
Companies are strengthening their position through merger & acquisition and continuously investing in research and development (R&D) activities to come up with solutions to cater to the changing requirements of customers. Furthermore, application performance management software market solution providers are planning to invest in advanced technologies such as artificial intelligence with a target to provide cost competitive products in the market in the near future.
The major vendors that offer application performance management software market solutions and services across the globe include SAS Institute Inc., SAP SE, Oracle Corporation, International Business Machines Corporation, Adobe Systems Incorporated, Salesforce.com, Microsoft Corporation, JDA Software Group, Inc., Infor, Fair Isaac Corporation, and Webtrends.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

About us

Contact

Mr. Nachiket

State Tower

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-621-2074

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Electronic proof of delivery (ePOD) solution Market: Moving Towards a Brighter Future

An electronic proof of delivery (ePOD) solution is a paperless solution that is design to offer visibility of delivery processes. All the activities of delivery are tracked electronically, and this software also includes features such as access to site note and task management. This solution presents an effective, modern approach to distribution that enables transport companies to offer better customer service throughout the delivery process. Several operators still depend on employees physically filing delivery paperwork and entering data into IT systems. This introduces the risk of human error and delays and also creates huge workloads. Currently, logistics businesses operate at a rapid pace and customers have grown to expect next-day delivery on urgent orders. Therefore, businesses need electronic proof of delivery in order to fulfill all the desires of the customers. An electronic proof of delivery (ePOD) solution is usually executed together with Enterprise Requirements Planning Systems (ERP) and Transport Management Systems (TMS), and allows the electronic exchange of transaction details such as invoices, purchase orders, product specifications, price quotes, and shipping details. An ePOD reduces the risks related to invoicing and paper records. Consequently, physical documents cannot be lost, damaged, misfiled, or misread, as everything is tracked and recorded digitally.
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The paper proof of delivery systems usually consist of clipboards, full of notes and can simply be misplaced or misread entirely. In contrast, an electronic proof of delivery (ePOD) solution can help to modernize delivery system. Deliveries can be checked against order records by using a mobile device, at any location, and drivers can immediately deal with updated order details, requests for printed invoices, and product returns. Thus, employees are able to provide a more accurate, efficient, and responsive service. One can increase productivity through workforce and can reduce operating costs by automating these routine tasks. These factors are driving the electronic proof of delivery (ePOD) solution market. However, high cost and high maintenance charges can hamper the electronic proof of delivery (ePOD) solution market. Furthermore, an electronic proof of delivery (ePOD) solution provides numerous long-term benefits such as increasing efficiency and accuracy. An ePOD is expected to help offer better visibility of orders and delivery dates, helping decrease the number of vehicles on the road and thereby, also reduce fuel and maintenance costs.
The electronic proof of delivery (ePOD) solution market can be segmented based on application, industry, and region. Based on application, the market can be classified into warehousing, vehicle inspection, and task management. The electronic proof of delivery (ePOD) application is customizable and can meet individual necessities. For instance, in case of warehousing, as soon as a delivery van reaches, electronic proof of delivery can be reserved into a pre-determined location in the warehouse. When the items are prepared for delivery, operatives are likely to use handheld devices such as mobiles and tablets in order to pick them for loading on a van. In terms of industry, the market can be segregated into transportation and logistics, healthcare, automotive, manufacturing, and food & beverages. The logistics industry is adopting electronic proof of delivery (ePoD) solution. An electronic proof of delivery (ePOD) solution helps decrease unnecessary delays and manual errors in data. Based on region, the market can be segmented into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America is anticipated to hold a significant share of the global electronic proof of delivery (ePOD) solution market, as several transportation and logistics companies are adopting ePOD solutions for real-time data capture and reporting of final delivery.
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Major players operating in the global electronic proof of delivery (ePOD) solution market include The Descartes Systems Group Inc., OBS Logistics, Spirit Data Capture Ltd, Microlise Limited, and V3 Smart Technologies.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

About us

Contact

Mr. Nachiket

State Tower

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-621-2074

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E: sales@marketresearchreports.biz

Future Growth: Metal Casting Robots Market Sees Promising Growth in 2019

Modern day foundries are on the constant lookout for the ways to improve the efficiency, increase the flexibility and to improve the workplace safety. The usage of the robots makes it much easier to deliver the required productivity in the industry to maintain the competitive advantage. The growth of metal casting robots market is highly reliant on the rising robot based automation in the metal foundry industry which helps to optimize the productivity
Higher payload capacity of the metal casting robots which helps in optimization of the cycle times in comparison with the traditional method of metal casting is acting as a major growth driver for the metal casting robots market. Therefore, advancement in the technological innovation to lessen the time of integration of the metal casting robot & wide range of application specific option is also acting as one of the key factor anticipated to catalyze the growing demand of metal casting robots during the forecast period. In addition, features like degating and the material removal, pouring the molten aluminum in the molds, extracting and degating the castings is also anticipated to increase the demand of the metal casting robots in the upcoming years. In turn this is also projected to affect the metal casting robots market in a positive manner during the forecast period.
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In spite of many driving factors, the metal casting robots market is expected to show a shrink and fluctuation in growth rate because of the issue that metal casting robots are only limited to softer materials and metals. Issues with the level of accuracy while cutting the comparatively harder material is also acting as one of the major constraint for the metal casting robots market. Exposed drives of the robots are very much difficult to cover from the dusts and the liquids and hence acting as restraining factor for the growth of usage of metal casting robots. Lower production cost and the scrap rates, continuously increasing up time and superior quality are few of the convincing benefits with the robots and is expected to act as key opportunities for the metal casting robots market.
For the purpose of doing in depth analysis, the metal casting robots market has been segmented on the basis of casting type, end use industry and geography. Based on the casting type the metal casting robots market has been segmented into four categories those are sand casting, die casting, gravity casting and lost foam. Based on the end use industry, the metal casting robots market has been segmented into five segments they are automotive industry, metal foundry industry, semiconductor industry, telecom industry and aerospace & defence industry . Moreover, this report also provide cross functional analysis of all the above mentioned segment across different regions such as Europe, North America, Asia Pacific, Middle East and Africa and South America. By casting type, the die casting segment is expected to capture largest market share in the forecast period. Achieving the consistent cycle time using automation in case of die casting is driving the market for this segment .Geographically, the global metal casting robots market is mainly driven by APAC region. Significant increase in the spending in adoption of metal casting robots in countries like China, Japan, and India is driving the market of APAC region.
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Some of the leading players operating in the metal casting robots market includes ABB, Fiat Chrysler Automobiles, Yaskawa Electric, Midea and Fanuc among others.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

About us

Contact

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State Tower

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Network Engineering Services Market: Moving Towards a Brighter Future

Networking is utilized almost in every work sector, ranging from corporate environments and traffic systems, to construction sites and manufacturing plants. Networking is defined as a connection of computers, mobile phones, peripherals, and even IoT devices with other devices. It is encompassed by network planning, service and resource inventory and deployment. Network engineering thus plays a vital role in accelerating growth in network technology in order to ensure network performance and secure wireless access.
Key factors driving the network engineering services market are increasing focus on technology evolution, growing diversity of technology solutions and hence customer requirements, increase in demand for Internet of Things, proliferation of smooth and high speed wireless communication, and rising network investments. Network investments play an increasingly critical role in driving performance, especially for communication service providers (CSPs). Keeping in mind the impact on capital investment, operational expense, and overall performance, all key vendors are planning and optimizing networking technology. Software-defined networking (SDN), network functions virtualization (NFV), and massively distributed computing are mainly focusing on network engineering. Various technologies such as Wireless datalinks for drones, Ambient backscatter, 4D network etc. have been emerged for networking technology. Newest technology and applications are introduced periodically for smooth functioning of an organization. Computer network engineering is required to maintain and ensure the proper execution of information and communication within and outside the organization. Growth in the network engineering services market for operations is anticipated to increase in the near future because of the need to streamline network operations across the globe and the need to solve networking operations related issues quickly. The major restraint of the market is the expenditure (CAPEX) required for network engineering. The cost to upgrade the network and to optimize network solutions are steep, considering the evolving nature of technology and need for adoption of advance networking strategy, which acts as a major opportunity in the market. Network as a Service (NaaS) is the most recent solution for network engineering which simplifies connectivity cloud assets of all enterprises into one network, even if they are hosted by multiple cloud providers.
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The network engineering services market is segmented based on network engineering type, services, enterprise size, industry, and geographic regions. By network engineering type, the market is segmented into Internetworking, Computer Networking, Telecommunications Engineering, and Broadcasting. The services segment is classified into network assessment, network design, and network deployment. Network deployment is further classified into centralized deployment, converged deployment, and cloud-based deployment. Enterprise size is segmented into large, and small and medium enterprises (SMEs). The industry verticals are banking, financial services, and insurance (BFSI), telecom, information and technology (IT), healthcare, education, media & entertainment, energy and utilities, manufacturing, travel & tourism, and hospitality. Regional segmentation of the network engineering services market includes North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. North America and Asia Pacific are projected to have highest share of the network engineering services market. This dominance is due to the presence (healthy concentration) of global players in these region. Growing economies of Asian countries such as India and China are inviting global players to invest in the market, which acts as a major factor supporting market growth in Asia Pacific.
The major players of the network engineering services market are Accenture, Datavision, Nexius, CHR Solutions, Cisco Systems, Ericsson, IBM Corporation, Microsoft Corporation, Huawei, Juniper Networks, Mphasis, Tech Mahindra, Salesforce, and Aviat Networks. These leading companies have primarily focused on collaborations, partnerships, developing innovative solutions, and expansion for growth in the network engineering services market.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

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On-device AI (AI Powered devices): Technology and Market Dynamics

Artificial intelligence is one of the emerging technologies that help in reducing human efforts and is all machine learning based. With the implementation of this technology, computers can be trained to complete tasks by processing large amounts of data and recognizing patterns in the data. Due to increased data volumes, advanced algorithms, and improvements in computing power and storage, artificial intelligence is being introduced in various devices like smartphones, medical devices, and sensors which plays a vital role in driving the growth of the market. When a device is equipped with artificial intelligence, it can vastly expand and improve lives, whether by capturing sharper images and videos, communicating more naturally, or perceiving the environment and autonomously navigating to the destination safely.
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There are a number of key drivers responsible for the growth of the on-device artificial intelligence market such as its authentication provided to the users, device management, user understanding, and reliability. The major driver for on-device AI is its digital enhancement of the market. Information and technology industry is expected to expand at a significantly higher rate during the forecast period due to the increasing need to manage and store data derived from various devices used throughout the organization and also for the users. Growth in the on-device artificial intelligence market for operations is anticipated to increase in the coming years because of the need to streamline operations across services and the increasing need to solve operations related issues quickly. It is projected that key players having high performance in this market are identifying the implementation of artificial intelligence as a key contributor to improved revenue. Enterprises heavily rely on social media channels to obtain insights about customer preferences and trends. Hence, artificial intelligence -powered mobile phones can be used for numerous applications. The demand for artificial intelligence -powered mobile phones is increasing as they are user-friendly; the growth is significantly high as it provides multiple advantages to the users.
The major restraints of the on-device artificial intelligence market are lack of analytical skills, imperfect systems to construct AI, and data constraint. The cost of on-device AI powered devices are also a restraint for the market. On-device AI powered smartphones are emerging at a global level for a digitalized ecosystem. Most of the key players are implementing advance technologies by using AI in order to reduce the complexity. Artificial intelligence is also implemented in medical devices to diagnose chronic disorders, diabetes, and food logging i.e. to track the glucose level etc.
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The on-device artificial intelligence market is segmented in terms of component type, application, industry, and region. The component type segment is further sub-segmented into hardware and software devices. The hardware devices consist of chipsets, robotics, and drones and augmented-enabled devices that consist of processors, sensors, and input devices. Software consists of on cloud and on-premise solutions. Based on application, the market is segmented into image recognition, voice recognition, image processing, medical imaging, Internet of Things, and medtronic. Based on industry, the on-device artificial intelligence market is classified into Banking, Financial Services and Insurance (BFSI), healthcare, manufacturing, information and technology, internet, and education.
Regional segmentation of the on-device artificial intelligence market includes North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific accounted for the largest share of the on-device artificial intelligence market in 2017. The Asia Pacific region witnessed major growth in this market mainly due to increasing adoption of smart technologies and developing IT infrastructure in countries such as China and Japan. In the near future, North America would probably be leading due to high government funding, the presence of leading players, and a strong technical base.
The major players of the on-device artificial intelligence market are Qualcomm, Fujitsu, Apple, Amazon, Google, SenseTime Group Limited, Counterpoint Research, Huawei, Baidu, and NVIDIA. These leading companies have primarily focused on collaborations, new product launches, and expansion for growth in the on-device artificial intelligence market.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

About us

Contact

Mr. Nachiket

State Tower

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-621-2074

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(IoT) Connectivity Management Platform (CMP) Market Future Prospects and Regional Outlook

Managing cellular IoT deployment can be quite complicated. An enterprise might have devices installed in various parts of the world, each device with different legal, technological, and compliance challenges. Connectivity management platform (CMP) tools are available to manage such issues. They are designed to address consolidation challenges associated with operating and managing large IoT devices. Typically, a connectivity management platform is a collection of connectivity services and management tools that help IoT and M2M projects globally. The software’s connectivity management tools largely include features such as activating and deactivating SIM cards in real-time, define the network selection priorities for a specific country (based on the quality of service), control the connectivity cost, and assign SIMs in real time without any loss of configuring the device
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The CMP platform helps in efficient connectivity management throughout the product lifecycle, reduces total cost of ownership, and helps in the efficient management of devices. The platform also helps in minimizing the risk since the coverage and SIMs have the ability to automatically switch to the network that has the best signal, thus minimizing the overall risks of device being offline. Moreover, a robust security solution also eliminates the risk of unauthorized access to M2M and IoT networks.
The global connectivity management platform (CMP) market is driven by the benefits that it offers to enterprises. One of the crucial usefulness of CMP is that it enables Bring your own Computer (BYOC) connectivity. It is a platform that has the capability to support multiple connectivity technologies including cellular connectivity like LTE, Global System for Mobile Communications (GSM), High Speed Packet Access (HSPA), Code-division multiple access (CDMA) to non-cellular connectivity like Wi-Fi, Zigbee, Bluetooth, and low-power, wide-area (LPWA) wireless technology. The platform also allows the flexibility to bring your own connectivity from the specific operator of choice. There are a number of companies that provide such comprehensive platforms to the users.
The key indicators for the connectivity management platform (CMP) market are the growing number of connected devices across all regions. From Asia Pacific countries to Middle East and African countries, the count of connected devices and solutions are drastically increasing year-on-year. This in turn would create new demand for connectivity management platforms, making the future market lucrative.
The global (IoT) connectivity management platform (CMP) market can be segmented on the basis of region namely North America, Europe, Asia Pacific, South America, and Middle East & Africa. The market can also be segmented on the basis of enterprise size, namely mid-size, and large enterprises. Based on industry vertical, the market can be segmented into oil and gas, retail, manufacturing (industrial equipment), automotive, healthcare, agriculture, transportation and logistics, smart city developers, and electric power among others.
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The overall CMP market is witnessing an influx of players after long being majorly a duopoly (kind of oligopolistic) market with firms like Cisco Corporation and Huawei Technologies Co., Ltd. offering the CMP solution. Competition has spurred. Companies are increasing their CMP capabilities to easily integrate with application enabled platforms (AEP).
CMP providers are hiring CMP Solution Architects (IoTs) who have certain level of expertise in architectural framework and can efficiently design and create an architecture framework for CMP platform components. Hiring of efficient experts will help companies to provide a more comprehensive solution to end-users and thereby strengthen their position in the market.
Key players operating in the market include Hewlett Packard Enterprises (HPE), Aeris Communications, ZTE Corporation, Comarch, KORE Wireless Group, Inc., Stream Technologies, Huawei Technologies Co., Ltd., Vodafone Limited, Cisco Corporation, Ericsson, Emnify Gmbh, Avnet, Inc., and Swisscom AG.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

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Predictions for 2019: Global Packet Networking Solution Industry Is Set to Boom

Packet Networking is the breaking up of data such as images, email and voice into small formatted units which are called packets. These packets are transmitted across a network to other devices such as smartphones, where the packets are then reassembled to their original form. Businesses use Internet Protocol to monitor delivery of the packets over Ethernet links, which connect devices in a local area network. Packet-based networks are the most efficient, cost-effective and scalable way for delivering content from one position to another. Packet networks are key enablers of today’s business and social communications.
Packet technologies overcome the disadvantages of circuit-based networks. Using packet based architecture, dedicated end-to-end links are no longer required. Instead, user’s information is packetized and sent over a shared network to the desired destination. Therefore, the system becomes more effective, which enables various end users to access the network concurrently while optimizing usage of the end-to-end network, creating ample growth opportunities for the packet networking solutions market. Packet networking technologies make most efficient use of the network by balancing the load on a millisecond-by-millisecond basis.
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Carrier Ethernet, a packet networking technology that extends the connections over a wide area network by integrating technologies which are required to successfully move packets over vast distances. It enables data movement across the wide area network (WAN) that takes into account the unique features of carrying packets over large distances. This allows WAN-based Ethernet services to be more easily managed and compared from both the service provider and end user viewpoints. Carrier Ethernet is expected to dominate emerging network deployments as it supports a variety of use cases and traffic demands. It can carry packets based on IP and any other protocols since these technologies are service protocol agnostic. Enterprises can make use of this technology as it caters to various applications such as to serve various corporate networks, to serve external as well as internal users and to provide data center interconnections.
Packet networking technologies have advanced gradually in the last few years, owing to the market’s growing demands for various kinds of networking applications. With optical-based services, enterprises and carriers can provide WAN connectivity as easily as LAN connectivity.
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The global packet networking solutions market can be segmented based on component, technology, application, organization size and region. On the basis of component, the market can be segmented into software (cloud-based and on-premise) and services (managed and professional services), platform and hardware. On the basis of end user the market can be segmented into banking financial services and insurance (BFSI), manufacturing, hospitality, healthcare, retail, IT and telecommunication, automobile, government and others.
The market is segmented on the basis of regions into North America, South America, Europe, Asia Pacific and Middle East & Africa. North America is anticipated to contribute a major share in the packet networking solutions market during the forecast period. The region has a significant presence of prominent technology players to cater to the rapidly growing packet networking solutions market. Adoption rate of packet networking technologies by large and small enterprises in North America is comparatively high compared to other regions. Asia Pacific is expected to be the fastest growing market for packet networking solutions. Rising demand for packet networking solutions in emerging countries such as China and India is driving the market growth. Europe is also expected to show significant growth in the packet networking solutions over the forecast period. South America and Middle East & Africa regions are also expected to contribute toward the growth of the market with lucrative opportunities in the long run.
Some of the major players active in the development of packet networking solutions include Cisco Inc., Fujitsu Corporation, Ciena Corporation, Corvil, Juniper Networks and Infinera Corporation.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

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Future Growth: Programmable DC Power Supply Market Sees Promising Growth in 2019

The Programmable DC power supplies has fast transient response and low noise linear performance. The units have many unique functions that are targeted for overall automated test system integration, power semiconductors, wireless communications, automotive power electronics MCU/ECU, etc. This is a high quality yet cost effective programmable DC Source, designed to meet the stringent requirements of the next generation of power electronics
A combination of medium and high frequency power processing technologies improves response, reduces cost, shrinks package size and is pouring the growth of the programmable DC power supply market. Further, the replacement of obsolete power supply components, software up gradation and installation of latest hardware components requires a huge capital investment is hampering to the growth of the programmable DC power supply market. Adopting smart grid systems & renewable energy sources can improve grid reliability is a key opportunity for the market growth especially in sectors like commercial sector and defense sector among others.
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The programmable DC power supplies market is segmented on the basis of, product type, application, industry vertical, and geographical region. On the basis of product type, the market is segmented into single output power supply and multiple output power supply. The market for multiple output power supply used in programmable DC power supply solutions is predictable to grow at the highest CAGR during forecast period. This can be due to its ability to enable supervisors to time, efficiency, among many others, and to scrutinize the condition precisely. On the basis of application, the global market is segmented into wireless and communication power, automotive electronic components, university and 3c products, laboratory and system integration, mobile, low noise for aircraft applications. By industry vertical, programmable DC power supply market can be segmented into education, automotive, defense, research, IT & telecommunication and others. The demand for Programmable DC power supplies across numerous applications in the defense and education sector is likely to grow expressively during forecast period. Power supplies used by the military may be related to those used in other manufacturing, but the demands of military processes require improved ruggedness, reliability, and durability. As programmable power supply system is capable of supporting more than the single or dual power outputs commonly provided by standard non-programmable (non-configurable) power supply components. By geographical region the global programmable DC power supply market is split up into North America, Europe, Asia Pacific, Middle East & Africa and South America. North America is expected to have largest market share during estimated period and is expected to witness significant growth owing to the presence of large defense section working in this region. The region, along with Europe, is one of the developers in adopting new technologies, which is also one of the key factors for the high CAGR in this region.
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Acquisitions and Merger, new product introductions, investments, and corporations & developments are the key strategies adopted by programmable DC power supplies market companies to ensure their growth in the programmable DC power supply market. The key players are TEKTRONIX, INC, B&K Precision Corporation (California, U.S), Keysight Technologies (California, U.S), Chroma Systems Solutions, Inc. (Canada), Tektronix (U.S.), CHROMA ATE INC. (Taiwan), Good Will Instrument Co., Ltd (Taiwan), NFcorp (Malaysia), Kikusui Electronics Corporation (Japan) , AMETEK, Inc.(U.S), HOCHERL & HACKL GMBH (Germany), Unicorn, Maynuo Electronic Co.,Ltd (China), Ainuo Instrument Co.,Ltd (China), Dahua Electronic (China), Array Electronic Co.,Ltd (China), Hangzhou Weibo Technology Co.,Ltd (China), Texas Instruments, FDK Corporation, TDK-Lambda Corporation, General Electric, Artesyn Embedded Technologies, Ericsson, and Cosel Co.,Ltd, among others are some major players in the programmable DC power supply market.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

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Tunnel Monitoring System (TMS): Technology and Market Dynamics

A tunnel is an underground passage through beneath a city, a mountain and under a waterway. It is one of the most complexly engineered constructions in the world due to the enormous risk involved. Thus, tunnel monitoring system (TMS) is a type of device which is fixed to the tunnel wall, to monitor deformation of wall. Tunnel monitoring system (TMS) is a growing field of research that is attracting growing interest from various government organization in order to maintain the safety of the overall tunnel. Moreover, there are different types of techniques and parameters or approaches that are used in tunnel monitoring system. Across the globe, growing field of research and development in subsea monitoring systems is one of the major factors driving the growth of the tunnel monitoring system market. Additionally, growing government investments towards underwater & underground tunnel is estimated to increase the adoption of tunnel monitoring systems in the coming years. The market is likely to expand at a stable rate during the forecast period owing to the rising penetration of this market across the globe.
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The global tunnel monitoring system (TMS) market has been classified on the basis of components, technology, tunnel type, application and geography. Based on components, the tunnel monitoring component market has been segregated into hardware, software and service. In 2017, hardware segment held major share of the market. In addition, hardware segment is likely to expand at a high CAGR during the forecast period. This is mainly due to hardware is one of the most important component of a tunnel monitoring system and is used for measuring the various physical aspects. On the basis of technology, the tunnel monitoring system market has been segmented into two wired and wireless. In terms of revenue, wireless segment held the largest share in the global tunnel monitoring systems market in 2017. This is mainly due to the wireless-based monitoring system is based devices is growing at a rapid pace in railway tunnel projects. Based on tunnel type, the tunnel monitoring systems market is fragmented into highway, railway, others. Highway segment held the largest market in 2017 and is anticipated to maintain its dominance in 2025 as well. The global tunnel monitoring system market has been segmented on the basis of application into strain, cracks, pressure, temperature, dynamic load, and corrosion among others. The tunnel monitoring system market is primarily driven by growing investments in different tunnel infrastructure across developed and underdeveloped countries such as U.S., U.K., France, China, Japan, Russia and India among others. Moreover, the strict government rules and regulations pertaining to tunnel safety and adoption of these devices at a rapid pace is also expected to drive the market during the forecast period. However, high operational and investment cost are anticipated to be the most important factors restraining the growth of the global tunnel monitoring systems market during the forecast period. Furthermore, while mentioning underground structures, there is always the problem of accessibility, which leads to the use of remote monitoring based on wireless technology. This in turn is anticipated to create major challenges for the wireless based tunnel monitoring systems (TMS) manufacturers in coming years.
Geographically, the global tunnel monitoring systems (TMS) market has been segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa (MEA). In terms of revenue, Europe held the largest share in the global tunnel monitoring systems market in 2017. The market growth in this region can be attributed to the number of tunnel projects has increased in last couple of years and the technical capabilities required to maintain these tunnels have also been strengthened market growth across different parts of Europe. Within Asia Pacific, China and India held the major market revenue share due to growing demand for tunnel monitoring systems in different railway and highway projects. Moreover, growing demand tunnel safety management is also driving the pyrometers market. On the other hand, North America is expected to become the most promising market is anticipated to grow at a significant rate followed by others regions.
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This report explores the major international industry players in detail. Major companies operating in the global tunnel monitoring system (TMS) market are Sixense Soldata (France), Geokon (The U.S), Nova Metrix (The U.S), Sisgeo (Italy), Ramboll Group A/S (Denmark), RST Instruments Ltd.(Canada), Geocomp (The U.S), Keller Group (U.K), Geomotion (Singapore) and HBM (India) among others.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

About us

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State Tower

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Predictions for 2019: Global API Testing (Tools and Services) Industry Is Set to Boom

Application programming interface (API) is a set of tools, protocols, and subroutines that is used to build applications and software. API can also be defined as a code that allows communication between software programs. API testing involves testing application programming interfaces (APIs) directly, and as part of integration testing, in order to determine if they meet expectations for functionality, reliability, performance, and security. The purpose of API testing is to enable an organization to monitor the lifecycle of the interface, and ensure that the requirements of the applications and developers are satisfied beforehand. API testing tools control and automate connections between an application and the API, while ensuring consistency between different API versions and implementations. Such tools employ security procedures and policies to authorize, authenticate, and manage access to API data. API testing is critical for any organization’s API approach as they have strategic importance. API testing software can be developed in-house by organizations or can be purchased through third-party providers.
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Currently, businesses are increasingly becoming software-powered, customer-centric, and depend on connectivity. Connectivity thrives on APIs, and an increasing number of organizations are employing API solutions. Mobile applications developed for customer engagement require APIs to link transactions and enterprise data, which in turn is driving the API testing market. Implementation of digital strategies is of utmost importance for businesses to reach out to their customers, and this requires significant amount of investments in cloud, Internet of Things, mobile, and big data technologies. These digital advancements are driving organizations to incorporate and better integrate APIs, which require a secure and reliable API testing platform. A good API testing platform allows organizations to reshape the backend in case of any change in API, or integration with an external API. This capability of API testing solutions eliminates the need for the development team to make changes in the backend code, thus reducing their workload.
The API testing market can be segmented based on component, deployment type, industry vertical, and geography. Based on component, the market can be classified into software and services. Furthermore, in terms of deployment type, the market can segregated into on-premise, cloud, and hybrid. Based on industry vertical, the API testing market can be segmented into retail, telecom, travel and transport, insurance, banking, energy and utilities, media and entertainment, government, aerospace and defense, healthcare, and automotive.
In terms of region, the global API testing market can be segmented into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America is anticipated to hold a prominent share of the global API testing market. This dominance is primarily due to the presence of several global players in this region, especially the U.S. and Canada. Europe is also projected to hold a significant position in terms of market share. This trend can be attributed to the increasing focus on innovations obtained from research and development and IT technologies in developed countries. Furthermore, the market in Asia Pacific is expected to expand at a rapid pace between 2018 and 2026. High rate of adoption of application performance related solutions along with increasing adherence toward the regulatory compliances are some factors driving the Asia Pacific API testing market.
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Companies are strengthening their position through mergers & acquisitions and consistently investing in research and development (R&D) activities to provide solutions to cater to the changing requirements of customers. Furthermore, solution providers operating in the API testing market are focusing on investment in advanced technologies such as artificial intelligence in order to provide cost competitive products in the market in the near future.
Major players operating in the global API testing market include Astegic, Axway, Bleum, CA Technologies, Cigniti Technologies, Cygnet Infotech, IBM, Inflectra Corporation, Infosys, Load Impact, LogiGear Corporation, Micro Focus, Nevatech, Oracle Corporation, Parasoft Corporation, QASource, QSG Technologies, QualityLogic, SmartBear Software, SendGrid, Inc., Sybrant Technologies, Runscope, Trantor, Tricentis, and Vector Software.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

About us

Contact

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Management Decision Solutions Market Future Prospects and Regional Outlook

Management decision solutions help organizations in making data-driven decisions by applying business rules, analytics, business intelligence, artificial intelligence (AI), predictive analysis, and related technologies. The solutions also helps in improving the agility, speed, and precision of the decision-making processes of any organization. Management decision solutions are designed specifically for business managers in order to provide them better control over the organization’s decision strategies. Using management decision solutions, enterprises can control, authorize, and automate decisions to enhance value and consistency in customer communications and ensure compliance with regulations.
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At present, enterprises consider decision management as an important part of their decision-making procedures that enhances operational efficiency. Decision management also helps enterprises in accelerating their return on investment (ROI) and boosts their business performance across the board. These factors are boosting demand for management decision solutions globally. Banking, financial services and insurance (BFSI) industry deals with critical credit management and requires efficient fraud detection management and collection management for its daily business processes. Rise in number of repeatable operation decisions every day is anticipated to boost the demand for management decision solutions in the BFSI industry. These are the major factors that have contributed to the large scale adoption of management decision solutions by the BFSI industry across the world.
The demand for management decision solutions is rising at a rapid pace among enterprises across the world. This is primarily due to rise in requirement to automate high-volume decisions across the organization and to bring consistency, agility, and accuracy in the decision-making process. However, resistance of middle management to adopt management decision solutions is one of the major factors expected to restrain the expansion of the management decision solutions market around the globe.
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Rise in proliferation of new technologies such as big data and cloud that improve efficiency of management decision solutions is expected to create lucrative opportunities for the expansion of the management decision solutions market in the coming years. In addition, rise in expenditure on analytics is anticipated to offer significant opportunities for the market during the forecast period.
The global management decision solution market can be classified based on component, function, deployment, enterprise size, and industry. In terms of component, the management decision solution market can be segmented into software and services. The services segment can be further categorized into consulting services, implementation and integration services, and maintenance & support services. In terms of function, the management decision solution market can be divided into credit risk management, collection management, pricing optimization, fraud detection management, customer experience management, and others. Based on deployment, the management decision solution market can be classified into on-premise and cloud. Based on enterprise size, the management decision solution market can be categorized into large enterprise and small and medium enterprise. In terms of industry, the management decision solution market can be classified into retail and consumer goods, BFSI, life sciences and health care, telecom and IT, manufacturing, energy and utilities, transportation and logistics, government, and others.
North America is anticipated to dominate the management decision solution market over the forecast period. North America has a high concentration of telecom and IT, BFSI, and life sciences and health care businesses, which is accelerating demand for management decision solutions market across the region. The Asia Pacific region is anticipated to offer lucrative expansion opportunities for the vendors of management decision solutions across the region. This is attributed to the increasing commercial funds by numerous corporations in emerging nations.
Major players operating in the global management decision solutions market include Fair Isaac Corporation (FICO), SAS Institute, Inc., ACTICO GmbH, Experian Information Solutions, Inc., Decision Management Solutions, Sapiens International Corporation, TIBCO Software Inc., Oracle Corporation, SPSS Inc., Sparkling Logic, IBM Corporation, and OpenRules.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

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In-vehicle Infotainment Systems: Technology and Market Dynamics

Infotainment technology is a rapidly developing technology in the entertainment industry. Embedded infotainment systems in automobiles help deliver entertainment and information. The technology was developed in order to enhance driver assistance systems in cars and light-duty trucks. The first entertainment system in a vehicle was the radio system, developed in 1960. Presently, due to advances in technology, infotainment systems in vehicles perform activities such as managing and playing audio content, utilizing navigation for driving, delivering rear-seat entertainment such as movies, games, and social networking. Furthermore, these systems also receive and make calls, send messages, access Internet-enabled or smartphone-enabled content such as traffic conditions, sports scores, and weather forecasts. Smartphone connectivity helps to utilize the advance development made in a rapidly expanding smartphone-based infotainment system.
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Some factors driving the in-vehicle infotainment systems market include high rate of adoption of infotainment technology and the demand for rear seat entertainment and smart cars. In the era of computers and mobile phones, consumers demand more human-machine interface and low power usage from automobiles. In order to meet this demand of consumers, infotainment technology plays a vital role in helping out with the best solutions for consumers. Vendors are focusing on various developments such as the Atom processor developed by Intel and the Windows Embedded Automotive 7 platform developed by Microsoft in order to integrate infotainment systems. In-vehicle infotainment systems provide good quality rear seat entertainment services such as audio, video, as well as technologies that can assist the driver. A majority of automobile vendors are emphasizing on adopting various technologies and techniques for the transformation of ordinary cars into smart cars. In-vehicle infotainment systems utilize Bluetooth technology for drivers to control the system with voice commands, touchscreen input, or physical controls. Several automotive component suppliers are integrating existing vehicle navigation systems with mobile phones. A key restraint for the market is the provision of infotainment systems in premium and luxury vehicles. Security and privacy issues are also major challenges for the market, as consumers are concerned about vehicle hacking or having viruses in vehicles. Therefore, the automotive industry is ensuring infotainment systems are safe and secure. The market is more opportunistic for creating superior experience for users using in-vehicle systems. Providing cloud services, which can reduce costs due to limitless computing resources and less powerful CPUs and less memory usage is the opportunity for the market.
The in-vehicle infotainment systems market can be segmented based on components, services, application, and region. Based on components, the market can be classified into hardware and software. The hardware segment further classified into graphics processing unit, LCD touch screens, user-controls, voice recognition technology. The Software segment consists of various cloud based applications, operating systems such as Linux and Android. In terms of services, the market can be segregated into entertainment services, phone services, and information services. Based on application, the market can be classified into tier 1 automotive vehicles, autonomous vehicles, rail and transit, and inflight entertainment. In terms of region, the market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. The market in North America is expected to expand due to advances in technology and the presence of strong players of in-vehicle infotainment systems in the region. Europe is an emerging market for in-vehicle infotainment systems due to the adoption of telematics endorsement such as vehicular technologies, road transportation, road safety, electrical engineering etc.
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Key players operating in the global in-vehicle infotainment systems market include Alpine Electronics Inc., Clarion Technologies, Continental AG, Qualcomm Incorporated, Panasonic Corporation, Denso Corporation, Garmin Ltd., Harman International Industries, Inc., JVC Kenwood Holdings Inc., Mitsubishi Electric Corporation, Pioneer Corporation, Robert Bosch GmbH, Tomtom International BV, Visteon Corporation, and Embitel Technologies. These companies primarily focus on collaboration, partnerships, developing innovative solutions, in order to gain market share in the global in-vehicle infotainment systems market.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

About us

Contact

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State Tower

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