Tag Archives: Semiconductor

North America Market Set to Dominate Global Government Biometrics Market

​The growing number of use cases of biometrics in the government sector in various countries for a convenient and accurate identification of individuals is driving the evolution of the global government biometrics market. A number of biometric modalities are being extensively used in various government applications such as national identification cards, border control, voter registrations, passports, and latent print matching. The rising number of security breaches, coupled with their growing complexity, has led to the evolution of advanced and more nuanced identifiers based on individual’s unique physical characteristics. Biometric authentication have also gained popular among various populations as they are believed to be a key enabler for access to several essential services related to social security, financial assistance, and healthcare.

Proximity Sensors Market to Remain Concentrated Among Industrial Manufacturers

Growing need for protection from collision in the transportation industry has led to a surge in demand for proximity sensors in the globally. In addition, manufacturers are increasingly integrating enhanced proximity sensors that protect from extreme and unprecedented medical conditions. According to Transparency Market Research, the global proximity sensors market is projected to reflect a CAGR of 6.9% over the forecast period, 2017-2022.

Factors Fuelling Growth of the Global Market

Digital Voice Recorder Market Increasing investments by Vendors to Boost Market’s Growth

The global digital voice recorders market displays a highly fragmented and competitive business landscape, finds a new research study by Transparency Market Research (TMR). Marked by the rivalry between the leading vendors of digital voice recorders across the world, such as Sony, Leap Investment, Hyundai, Samsung, Zoom, Philips, Panasonic, Noel Leeming, and Olympus, the competition within this market is likely to intensify further in the years to come.

The leading companies are increasingly concentrating on technological advancements of their products in a bid to meet the ever-changing demand of consumers, for which they have been investing heavily in this market. Over the coming years, these players are likely to focus on expanding their regional presence across different geographies, for which, they might look forward to involve into strategic alliances with regional players, notes the research study.

Mobile Mapping Market Rising Demand for Location based Services

​The global mobile mapping market is likely to be driven at a solid 13.7% CAGR over the 2017-2022 forecast period on the back of rising use of mobile mapping in smartphones and the subsequent incorporation of mobile mapping technology in the operating dynamics of a wide range of end user industries. The global mobile mapping market has benefited from the strong preference from smartphone consumers for technological advancements enabling more refined and diverse use of smartphones and the consequent rise in adoption of mobile mapping by app developers in several sectors. The widespread use of mobile mapping in developed regions is likely to remain a key driver for the global mobile mapping market in the coming years.

Web Real time Communication Solution Market Lucrative in Various Regions

​Future Market Insights (FMI) delivers key insights on the Global Web Real-time Communication (RTC) Solution Market in its latest report titled “Web Real-time Communication (RTC) Solution Market: Global Industry Analysis and Opportunity Assessment, 2015–2025”. The global Web Real time Communication Solution Market is projected to expand at a CAGR of 45.2% during the forecast period due to various factors, regarding which FMI offers vital insights in detail in its report.

Smart Railways Market Lucrative in Various Regions

​Global smart railways market revenues are projected to increase from US$ 17.6 Bn in 2016 to US$ 159.6 Bn in 2025. Asia Pacific excluding Japan will be the largest market for smart railways, followed by North America and Western Europe. Increasing government support in railways, growing urbanisation, and increasing emphasis on security & convenience of travellers will continue to drive smart railway market growth during the forecast period.

While the outlook on future of smart railways remains positive, high cost of installing and integrating smart systems and replacement of existing systems and railway infrastructure can pose challenges to growth.

Smart TV Market valuation of about US$ 946 Bn by 2027

​A new report published by Future Market Insights titled “Smart TV Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)” studies the performance of the global smart TV market over a 10 year assessment period from 2017 to 2027. The report presents the value forecast of the global smart TV market and provides key insights into the factors driving market growth as well as the factors restricting market growth. The estimates point to a revenue growth from nearly US$ 300 Bn in 2017 to US$ 1,500 Bn by 2027 end, resulting in a CAGR of 17.5% over the forecast period.

Body Sensor Market Product Innovation to Determine Future Competitive Landscape

​As per the findings of a new intelligence study by Transparency Market Research (TMR), the prospects of global body sensor market remain positive, with demand projected to increase at an impressive CAGR during 2017 to 2022. Body sensors are wearables that can constantly track or measure physiological attributes in humans and relay the information on smartphones and other electronic devices. With the ubiquity of smartphones, the growth in the global body sensor market is augmenting quickly, especially in the developed regions as well as among the urban populations in emerging economies.

Smart Antenna Market Lucrative In Various Regions

​A smart antenna is a multi-element antenna in which the signals that are received at each antenna element are combined and managed intelligently in order to improve the performance of the wireless system. These antennas are capable of increasing the signal range, suppressing interfering signals, combating signal fading and as a consequence increasing the capacity of a wireless system.

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