Author Archives: Mauli246

UV Disinfection Market worth 4.27 Billion USD by 2023

The report „UV Disinfection Market by Component (UV Lamp, Quartz Sleeve, Reactor Chamber, Controller Unit), Application (Water and Wastewater, Process Water, Air, and Surface), End User (Residential, Commercial, Industrial), and Geography – Global Forecast to 2023„, The UV disinfection market was valued at USD 1.98 Billion in 2017 and is expected to reach USD 4.27 Billion by 2023, at a CAGR of 13.67% between 2017 and 2023.

 

The growth of the UV disinfection market is driven by factors such as growing need for safe drinking water in developing countries, increasing favorable government initiatives, rising awareness among the users, and growing need for eco-friendly disinfection system.

 

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Water and Wastewater expected to lead the UV disinfection market

The increasing need for safe drinking water and wastewater treatment in the industrial segment is the major reason for the growth of the UV disinfection market for the water and wastewater application. Stringent government regulations in countries such as the US, the UK, Germany, Singapore, and India toward proper disposal of wastewater from industries is also driving the growth of the UV disinfection market for the water and wastewater application across the world.

 

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UV disinfection market for the municipal industry is expected to grow at the highest CAGR between 2017 and 2023

 

Municipal utilities are responsible for treating water and supplying to residential, commercial, and industrial end users. However, the increasing need for safe drinking water and proper disposal of toxic chemicals in water bodies is compelling municipal utilities to switch to a less time-consuming and effective method for disinfection. Hence, the increasing need to treat water in natural resources, such as rivers and natural springs, as well as to treat wastewater from industries are among the major reasons for the increasing growth of the UV disinfection market for the municipal segment.

 

North America held the largest share of the UV disinfection market in 2016

 

North America held the largest share of the market in 2016. This growth can be attributed to the presence of several leading UV disinfection equipment manufacturing companies in this region. Some of these companies include Xylem (US), Trojan Technologies (Canada), Halma (UK), Calgon (US), and Atlantic Ultra Violet (US).

 

Some of the major players in the UV disinfection market are UV Pure (Canada), LIT Company (Germany), ozonia (Switzerland), uv-technik (UK), Australian Ultra Violet services (Australia), Advanced UV (US), Atlantium Technologies (Israel), and Typhon Treatment Systems (UK).

 

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Collimating Lens Market worth $380 million by 2023

According to the new research report „Collimating Lens Market by Light Source (LED and Laser), Material (Glass and Plastic), End Use (Automobile, Medical, LiDAR, Light and Display Measurement, and spectrometer), Wavelength, and Geography – Global Forecast to 2023„, the collimating lens market is expected to grow from USD 289 million in 2018 to USD 380 million by 2023, at a CAGR of 5.7%.

The growth of this market is mainly driven by several factors, such as advantages of collimating lenses in various applications and benefits of using aspheric lenses over traditional spherical lenses in optics systems.

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LED light source to hold largest share of collimating lens market by 2023

LED light source is expected to hold the largest share of the collimating lens market by 2023. Energy saving, long lifespan, compact volume, high color-rendering index, and environmental benefits are the major advantages of the laser- and LED-based collimating lenses over lamp-based collimating lenses. The use of LED lighting systems can lead to 5 times lesser energy consumption than that of collimating lens systems in which conventional fluorescent lamps are used.

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Collimating lens market for glass material to grow at highest CAGR from 2018 to 2023

The refractive index of glass ranges from 1.5 to 1.9, while it ranges from 1.5 to 1.74 for plastics. Glass materials have high refractive index ranges with greater density than plastic materials. Therefore, lenses having a higher index of refraction can bend light more efficiently. Also, lenses with higher refractive indices are thinner than lenses of the same power made with the materials of lower refractive indices, which helps in the growth of the market for glass collimating lenses.

 

APAC to dominate collimating lens market during forecast period

 The collimating lens market in APAC is expected to grow at the highest CAGR during the forecast period. The rise in disposable income in APAC countries has led to an increase in the demand for vehicles, which, in turn, has surged the collimating lens market growth in this region. Also, the increase in automotive production is driving the growth of the collimating lens market in APAC. The growing preference for the vehicles equipped with LED headlamps, in turn, boosts the sales and production levels of collimating lenses in this region.

 

LightPath Technologies, Inc. (US), Ocean Optics, Inc. (US), INGENERIC GmbH (Germany), TRIOPTICS GmbH (Germany), Avantes BV (Netherlands), Auer Lighting GmbH (Germany), IPG Photonics Corporation (US), Optikos Corporation (US), The Optoelectronics Co. Ltd. (UK), and Thorlabs, Inc. (US) are a few major players in the collimating lens market.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

 

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Hardware Security Modules Market worth 1,101.2 Million USD by 2022

According to a new market research report „Hardware Security Modules Market by Type (LAN Based, PCIE Based, USB Based), Application (Payment Processing, Authentication, PKI, Code and Document Signing, SSL), Deployment Type, Industry, and Geography – Global Forecast to 2022„, The hardware security modules market was valued at USD 520.3 Million in 2016 and is expected to reach USD 1,101.2 Million by 2022, at a CAGR of 12.87% during the forecast period.

 

Factors such as the increase in data breaches and cyberattacks, mandates for HSM manufacturers to comply with the internal and external privacy and data security regulations, and effective management of cryptographic keys are driving the growth of the hardware security modules market.

 

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The USB-based/portable HSM type is expected to witness a high growth rate during the forecast period

 

The market for USB-based/portable HSM is expected to grow at the highest CAGR between 2017 and 2022. As USB-based HSMs are portable and easy to deploy without the need for any external hardware or tool, these are expected to be widely adopted in the near future. The features such as built-in PKI, key backup, and open-source middleware tools are expected to increase the demand for USB-based HSMs during the forecast period.

 

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The market for the authentication application is expected to grow at the highest rate during the forecast period

 

The use of HSMs for the authentication application can reduce fraud and protect users from internet attacks while shopping online or accessing confidential or private information through a web portal or application. It also provides organizations the ability to enforce different levels of authentication, depending on the user activity and transaction value, resulting in the high growth rate of the authentication application during the forecast period.

 

The market in Latin America is expected to grow at the highest rate during the forecast period

 

Latin America is expected to be the fastest-growing market for hardware security modules, followed by APAC during the forecast period. The market in Latin America is expected to grow at the highest rate during the forecast period owing to the formulation of new regulatory compliances and the adoption of modern technologies such as cloud and IoT, creating a huge opportunity for data and information security.

 

The major players operating in the hardware security modules market include Gemalto NV (Amsterdam), Thales e-Security, Inc. (U.S.), Utimaco GmbH (Germany), International Business Machines Corporation (U.S.), FutureX (U.S.), Hewlett-Packard Enterprise Development LP (U.S.) SWIFT (Belgium), Atos SE (France), Ultra-Electronics (U.K.), and Yubico (U.S.).

 

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Microdisplay Market worth 1,706.3 Million USD by 2023

The report „Microdisplay Market by Product Type (NTE, Projection), Technology (OLED, LCoS, LCD, DLP), Application (Consumer, Industrial, Military, Defense, and Aerospace, Automotive, Commercial, Medical, Education), Resolution, and Region – Global Forecast to 2023„, The microdisplay market is estimated to grow from USD 812.0 Million in 2017 to USD 1,706.3 Million by 2023, at a CAGR of 13.2% between 2017 and 2023.

 

The rising adoption of portable devices such as HMDs and HUDs and the increasing application areas of microdisplays are some of the driving factors for the growth of the market.

 

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“NTE display devices expected to hold a major share of microdisplay market during forecast period“

 

Near-to-eye (NTE) display device segment led the microdisplay market in 2016. NTE display devices include electronic viewfinders (EVFs), head-mounted displays (HMDs), and heads-up displays (HUDs). The increasing adoption of AR glasses in the industrial and enterprise application for providing on-the-job training to field workers, warehouse management, maintenance and inspection activities, among many others creates a significant demand for NTE display devices. However, the increasing adoption of VR HMDs for gaming and entertainment further provides opportunities for the microdisplay market players. Moreover, the growing use of HUDs in premium cars fuels the growth of the microdisplay market for NTE display devices.

 

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“Market for OLED technology expected to grow at a high CAGR between 2017 and 2023”

 

End users’ demand for small form factor microdisplay devices with enhanced features such as higher power efficiency, faster response, more colorfulness, and better contrast is likely to create significant opportunities for the microdisplay providers. OLED is one of the microdisplay technologies helping to fulfill these requirements. A number of players entering the OLED microdisplay market further fuels the market growth.

 

“North America expected to hold a major share of microdisplay market between 2017 and 2023”

 

North America is expected to hold the largest share of the microdisplay market during the forecast period. The growing adoption of microdisplay devices is one of the major driving factors for this market in North America. Projectors are increasingly being used in the educational application as traditional classroom learning is being replaced by web-based and online learning. Moreover, the growing use of technologically advanced devices including HMDs, HUDs, and fitness bands would further help drive the growth of the microdisplay market in the region.

 

eMagin Corporation (US), Himax Technologies, Inc. (Taiwan), Kopin Corporation (US), Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd. (China), Seiko Epson Corporation. (Japan), WiseChip Semiconductor Inc. (Taiwan), Syndiant  (US), RAONTECH (South Korea), Microtips Technology, LLC (US), MICROOLED (France), Jasper Display Corp. (Taiwan), Japan Display Inc. (Japan), HOLOEYE Photonics AG (Germany), and Dresden Microdisplay GmbH (Germany) are some of the major players in the microdisplay market.

 

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
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Email: sales@marketsandmarkets.com
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Capacitive Sensor Market worth 59.83 Billion USD by 2023

According to the new market research report „Capacitive Sensor Market by Sensor Type (Touch Sensor (Displays & Input Devices), Motion Sensor (Accelerometer, Gyroscope & Magnetometer), Position Sensor (Displacement & Proximity Sensor)), Industry, and Geography – Global Forecast to 2022„, the capacitive sensor market is estimated to reach USD 31.79 Billion by 2022, at a CAGR of 5.4% during the forecast period. The capacitive sensor market size, in terms of volume, is estimated to register a shipment of 21.14 Billion units by 2022, at a CAGR of 9.3% during the forecast period.

 

Factors such as rising consumer electronics industry across the world, growing trend of miniaturization of sensors, and increasing use of scratch-resistant non-glass surfaces are driving the growth of capacitive sensor market. However, declining demand for all-in-one PCs and, short supply of indium tin oxide are some of the major challenges faced by the capacitive sensor market at large.

 

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Displacement sensors to grow at the highest rate during the forecast period among all position sensors

 

In the capacitive position sensor market, the highest growing sensor type is displacement sensor; the market for this type of sensor is expected to grow rapidly during the forecast period due to its increasing demand in industries, ranging from automotive to manufacturing to consumer electronics, healthcare, and others.

 

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The automotive industry is expected to grow at the highest CAGR between 2016 and 2022

 

The capacitive sensor market for the automotive industry is growing over the past decades; it is also expected to grow during the forecast period because the automotive industry has recently been experiencing rapid changes in manufacturing technology. There is great scope for capacitive sensors in manufacturing and supplying companies in all the nations since capacitive sensors are in high demand in all the manufacturing units of the automotive industry for almost all processing machines and other supporting functions.

 

The market in APAC expected to grow at the highest CAGR during forecast period

 

The capacitive sensor market in APAC held the largest share of the global market in 2015; it is expected to grow at the highest CAGR between 2016 and 2022. This growth can be attributed to the rising automotive sales, growing need for automatization in industries, increasing security concerns, and ongoing technological developments in consumer electronics in countries such as India, South Korea, and Japan in the APAC region.

 

Major players operating in the capacitive sensor market are Synaptics Inc. (U.S.), Microchip Technology, Inc. (U.S.), Cypress Semiconductor Corp. (U.S.), and STMicroelectronics N.V. (Switzerland) among others.

 

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
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Email: sales@marketsandmarkets.com
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Non-Volatile Memory Market worth 82.03 Billion USD by 2022

According to the new research report „Non-Volatile Memory Market by Type (Flash (NAND, NOR), EEPROM, NVSRAM, Embedded, EPROM, 3D NAND, MRAM/STTMRAM, FRAM, RERAM/CBRAM, 3D XPOINT, NRAM), End-User Industry, and Geography – Global Forecast to 2022„, the non-volatile memory market is expected to be worth USD 82.03 Billion by 2022, at a CAGR of 9.50% between 2017 and 2022.

 

The growth of this market is mainly driven by the need for high-speed, low-power-consuming, and highly scalable memory devices as well as the growing demand for non-volatile memory in connected and wearable devices.

 

 

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Traditional non-volatile memory market held the largest size in 2016

 

The embedded non-volatile memory has gained significant attention in the connected devices and IoT market because of its higher efficiency under ultra-low power. Non-volatile memory is one of the major components of connected devices. Also, the high adoption of Flash memories in consumer electronics because of their low price and low power consumption is driving the market for 2D and 3D NAND. Therefore, traditional non-volatile memory held the largest market size in the non-volatile memory market owing to the inexpensive memory solutions as well as the increasing density and performance. Browse and in-depth TOC on “Non-Volatile Memory Market”

 

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Market for retail industry is expected to grow at the highest rate during the forecast period

 

Retail industry today, is highly data rich and integrated with data analytics to understand and meet the customer expectation. To access the data generated at point of sales effectively many retail players started adopting emerging memory technology to implant data driven decisions non-volatile memory is an integral part of various analytic tools used in the retail industry for computing and analysis applications. Thus, the market for non-volatile memory is expected to grow at the highest rate in the retail industry.

 

APAC held the largest share of the non-volatile memory market in 2016

 

The huge consumer electronics customer base in APAC and the presence of major global foundries in this region lead to the faster development of non-volatile memory technologies and enables the easy accessibility of products to the market.  Also, China has access to large funding sources and the favorable government initiatives further help drive the growth of the market. The Made in China 2025 initiative strategically focuses on the technology development of DRAM, eDRAM, Flash, and V-NAND Flash memory.

 

 Some of the leading players in this market include Samsung Electronics Co., Ltd. (South Korea), Toshiba Corp. (Japan), Micron Technology, Inc. (U.S.), SK Hynix, Inc. (South Korea), and Western Digital Corp. (U.S.).

 

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Mr. Shelly Singh
MarketsandMarkets™ INC.
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Email: sales@marketsandmarkets.com
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Smart Retail Market worth 38.51 billion USD by 2023

The smart retail market is projected to reach USD 38.51 billion by 2023 from USD 13.07 billion in 2018, at a CAGR of 24.12% during the forecast period.

Growth in this market is mainly driven by factors such as increasing adoption of smartphones, growing need for better customer service and shopping experience, decreasing cost of electronic components, and emerging new technologies creating new revenues for retailers. The major restraint for the market is data security and privacy concern with advanced technologies.

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Study Objectives:

1 To describe and forecast the smart retail market, in terms of value and volume, by application
2 To describe and forecast the market, in terms of value, by region – North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
3 To provide detailed information regarding major factors governing market growth (drivers, restraints, opportunities, and challenges)
4 To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market
5 To strategically profile key players and comprehensively analyze their market ranking and core competencies, along with detailing competitive landscape for market leaders

To analyze strategic approaches such as joint ventures, collaborations, agreements, contracts, partnerships, mergers and acquisitions, product launches and developments, and research and developments (R&D) in the smart retail market

This report provides valuable insights of the smart retail market ecosystem.

Major players in this market include (Business Overview, Products/Services/ Solutions Offered, Recent Developments, SWOT Analysis, and MnM View)*

Intel (US),
IBM (US),
NVIDIA (US),
Samsung Electronics (South Korea),
Microsoft (US),
Google (US),
PTC (US),
Amazon (US),
Cisco System, (US),
NXP Semiconductors (Netherlands),
Par Technology Corporation (US),
SoftBank Robotics Holdings Corp. (Japan),

Ingenico Group (France),
Verifone Holdings, Inc. (US),
First Data Corporation (US),
NCR Corporation (US),
and, EVRY ASA (Norway).

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Product Launches
—————————–

March 2018
Verifone

Verifone launched Carbon Mobile 5, a commerce solution that brings mobility, payment, and commerce into one powerful, portable device. Carbon Mobile 5 enables checkout and the ability to run Android apps, such as point-of-sale, loyalty, and inventory management.

March 2018
NCR Corporation

NCR Corporation launched NCR WinEPTS payment solution developed specifically for retailers and restaurants in Europe. The product can be integrated with instant payments solutions of European banks.

Agreements, Partnerships, Collaborations, & Contracts
———————————————————————
March 2018
Verifone

Verifone entered into a partnership with Ezetap (India), a software and payment-processing player to meet the needs of India’s rapidly evolving and growing payments technology landscape. This partnership enables merchants to quickly and easily adopt both instore and online payments.

February 2018
Par Technology

Par Technology Corporation (US) entered into a partnership with Workpop (US). The technology partnership will now enable PAR’s cloud-based Brink POS Software to seamlessly connect with Workpop’s Applicant Hiring System. Shared customers will benefit from a seamless integration designed to help restaurants and retail businesses maintain up-to-date employee data via Brink software.

Acquisitions
—————

April 2018
EVRY

EVRY acquired Findwise AB, a leading Nordic provider of advanced search, advanced analytics and big data services. EVRY and Findwise will jointly expand their capabilities to support their customers in unlocking new intelligence and insight as they seek faster and more precise decision-making. This deal helps them to accelerate its development of new industry-specific solutions, such as APIs for financial services, the public sector, healthcare sector, retail and logistics, and the automotive industry.

December 2017
Ingenico

Ingenico acquired Airlink (Taiwan), one of the leading value-added resellers. The acquisition has helped Ingenico expand its footprint in Asia.

 

Expansion
————-

December 2017
Amazon

Amazon Web Services launched AWS in Paris to serve customers in the European Union. The advantage of the Paris Region is that it makes it easier for tech companies in France to comply with its data privacy regulations. The Paris Region also enables AWS customers to store user data in France with the reassurance that it will not be moved unless they do so.

August 2017
Par Technology

Par Technology Corporation (US) announced the expansion of EverServ 8000 portfolio. The new peripherals and accessories include 2×20 customer display, POP display, barcode scanner, and pole mounted payment device.

Scope of the Report:

The research report segments the smart retail market into the following subsegments:
Smart Retail Market, by Application

Visual Marketing
Smart Label
Smart Payment System
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Analytics

Smart Retail Market, by Region

North America
Europe
APAC
RoW

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Research Methodology:

This research study incorporates the use of secondary sources, directories, and databases, such as D & B Hoovers, Bloomberg Businessweek, Factiva, and OneSource, to identify and collect information useful for the extensive technical, market-oriented, and commercial study of the smart retail market. Primary sources mainly comprise several experts from core and related industries, along with preferred suppliers, manufacturers, distributors, service providers, technology developers, alliances, and standards and certification organizations related to various parts of this industry’s value chain. In-depth interviews with various primary respondents, including key industry participants, subject matter experts (SMEs), C-level executives of key companies, and consultants have been conducted to obtain and verify critical qualitative and quantitative information, as well as assess prospects.

 

 

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Thermal Management Market worth 14.24 Billion USD by 2022

According to the new market research report „Thermal Management Market by Material Type (Adhesive, Non-Adhesive), Devices (Conduction, Convection, Advanced, Hybrid), Service (Installation & Calibration, Optimization & Post Sales), End-Use Application – Global Forecast to 2022„, the thermal management market is expected to be worth USD 14.24 Billion by 2022, growing at a CAGR of 7.91% between 2017 and 2022.

 

The factors driving the growth of this market include rising demand for thermal management in consumer electronics, growing application arena, and radical miniaturization of electronic devices.

 

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Convection cooling devices was the largest segment in terms of market size in 2016

 

Convection cooling devices are widely used in electronic circuits and printed circuit boards (PCBs). This has resulted in the growth of thermal management device market. Thus, these devices help lower the peak temperature of the systems with natural and forced convection cooling technologies. Devices such as loop heat pipes, heat pumps, heat sinks, and heat spreaders are used in providing effective cooling solutions in processors and computers, among others. Thus, the demand to maintain high efficiency of the electronic devices is expected to fuel the growth of the thermal management market.

Browse and in-depth TOC on “Alarm Monitoring Market”

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Thermal management market for thermal tapes expected to grow at highest CAGR during the forecast period

 

Thermally adhesive tapes are used to mechanically and thermally bond electronic components to heat sinks.  These tapes consist of a pressure-sensitive adhesive (PSA) film that is filled with thermally conductive materials such as metals, metal oxides, polyimide film, fiberglass mat, aluminium foil, and silica or ceramic particles. These particles allow thermal conduction through the tape. Thermal tapes are widely used for thermal management of the light emitting diodes (LEDs) in the automotive industry as they provide high mechanical strength, and good shock and vibration performance. The increasing use of tapes in consumer electronics and automotive applications is driving the overall market for adhesive materials.

 

The market in North America expected to grow at the highest CAGR during forecast period

 

North America is expected to hold the largest share of thermal management market by 2022, and it holds a tremendous potential for the market in the coming future due to its large investment in healthcare applications, increasing use of electric and hybrid vehicles, and growing data centers across the region. The market in North America consists of some of the leading markets such as the US, Canada, and Mexico.

 

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Major players operating in the Thermal Management Market include

 

Major players in this market include Honeywell International Inc. (US), Aavid Thermalloy LLC (US), Vertiv Co (US), European Thermodynamics Ltd (UK), Master Bond Inc.(US), Laird PLC (UK), Henkel AG & Company, KGaA (Germany), Delta Electronics, Inc. (Taiwan), Advanced Cooling Technologies, Inc. (US), Dau Thermal Solutions Inc. (US), Amerasia International (AI) Technology Inc.(US), Heatex Ab (Sweden), Lord Corporation (US), and Parker Chomerics (US).

.

 

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About MarketsandMarkets™

 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com
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Multifactor Authentication Market worth 12.51 Billion USD by 2022

According to a new market research report „Multifactor Authentication Market by Model (Two-, Three-, Four-, and Five-Factor), Application (Banking and Finance, Government, Military and Defense, Commercial Security, Consumer Electronics, Healthcare), and Geography – Global Forecast to 2022„, is expected to grow at a CAGR of 15.52% to reach USD 12.51 Billion by 2022.

 

Factors such as an increase in data breaches and cyber attacks, stringent regulations and the growing pressure of data security compliances, and the growing adoption of BYOD concept among enterprises are driving the growth of the multifactor authentication market.

 

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The market for five-factor authentication models is expected to grow at the highest rate during the forecast period

 

The market for five-factor authentication model is expected to grow at the highest rate during the forecast period. Five-factor authentication model provides a high level of security to top secret information, which is of high importance. Also, it has a good potential in the near future, as it is a good solution for government applications such as homeland security services, access to top secret national data/files, safeguarding data, and technology in national research centers. These are the main reasons behind the adoption of five-factor authentication model.

 

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The market for the banking and finance application holds the largest market share during the forecast period

 

The banking and finance application accounted for the largest share in the multifactor authentication market in 2016. Major factors for the growth of this market are increasing online traction and the growth of e-commerce for which secure transactions are required. Many regulatory bodies have passed a regulation for the use of multifactor authentication technology in this application. For the security of banking and financial applications such as core banking, online banking, banking cards personalization systems, trade finance, international payments, foreign exchange, bank guarantee, and other banking and financial services, multifactor authentication plays an important role in the authentication, resulting in the highest market share in the multifactor authentication market.

 

The market in the Americas is dominating the multifactor authentication market during the forecast period

 

The market in the Americas holds the largest market share in the multifactor authentication market during the forecast period. The presence of key companies such as 3M (US), CA Technologies (US), VASCO Data Security International Inc. (US), RSA Security LLC (US), and Crossmatch (US); a large industrial base; and a high regulatory compliance in the Americas are expected to propel the growth of the American multifactor authentication market.

 

Major players operating in the multifactor authentication market include

 

Safran (France), Gemalto NV (the Netherlands), NEC Corporation (Japan), 3M (US), CA Technologies (US), Fujitsu (Japan), VASCO Data Security International Inc. (US), HID Global Corporation/ASSA ABLOY AB (Sweden), RSA Security LLC (US), Suprema HQ Inc. (South Korea), and Crossmatch (US).

 

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com

Equipment Monitoring Market worth 4.47 Billion USD by 2023

According to the new research report on „Equipment Monitoring Market by Monitoring Type (Vibration, Thermal, Motor Current, Alarm, GPS), Monitoring Process (Online, Portable), Deployment Type (On-premise, Cloud), Industry (Oil & Gas, Power, Automotive), and Region – Global Forecast to 2023„, The equipment monitoring market is estimated to grow from USD 3.23 Billion in 2018 to USD 4.47 Billion by 2023, at a CAGR of 6.7% between 2018 and 2023.

Factors such as the advancement of wireless technology in equipment monitoring system, reduced cost of IoT component leading to cost-effective equipment monitoring, and adoption of equipment monitoring systems are driving the growth of the equipment monitoring market at present.

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The vibration monitoring held the largest size of equipment monitoring market in 2017

Vibration monitoring held the largest size, in terms of value, of the equipment monitoring in 2017. The vibration monitoring technique measures and records typical vibration values and operating parameters. It provides information and allows the diagnosis of equipment, detecting faults in the equipment operation. Vibration monitoring is essential for predictive maintenance as it is more likely to detect faults at an early stage. The decrease in the price of electronic components used in vibration monitoring, such as sensors and wireless systems, has made it one of the most preferred techniques for equipment monitoring

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On-premise equipment monitoring to hold the largest size of market between 2018 and 2023

On-premise equipment monitoring held the largest share of equipment monitoring market between 2018 and 2023.  One of the major reasons for adopting on-premise systems is the enhanced control over data in terms of location of the data. On-premise deployment enables collection of accurate data in real time, with sufficient lead time to resolve incipient faults. In addition, the on-premise placement provides high data security as it allows organizations to have full control to access the required data with security.

Oil & gas industry held the largest size of the equipment monitoring market in 2017

The market for the oil & gas industry held the largest share of equipment monitoring market during the forecast period. Oil & gas companies use complex and expensive devices, such as boilers, pumps, generators, and piping network, which consume a lot of power and generate a large amount of heat. Equipment monitoring solutions can be deployed for monitoring pipes and tanks in oil refineries for gathering real-time data. This technique is extremely useful for monitoring the pressure and flow and for detecting any impending blockages. The falling price of sensors and their easy-to-use design are drivers for the high adoption of equipment monitoring solutions in the oil & gas industry.

North America to hold the largest size of the equipment monitoring market between 2018 and 2023

North America is expected to hold the largest size of the equipment monitoring market throughout the forecast period. North America is likely to continue to lead the equipment monitoring market as it is one of the most developed regions with regard to the adoption of advanced technologies and infrastructure network. Continuous developments of cloud computing technology and security measures for cloud users are expected to boost the growth of the equipment monitoring market in North America. Leading players operating in the equipment monitoring market in North America are Emerson, General Electric, Rockwell Automation, National Instruments, and Honeywell.

Major players operating in the equipment monitoring market include Emerson Electric (US), General Electric (US), Honeywell (US), National Instruments (US), SKF (Sweden), Parker-Hannifin (US), Rockwell Automation (US), Siemens (Germany), Yokogawa (Japan), and PRUFTECHNIK (Germany).

 

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com