Market Research and Consulting Report

Monday, 10 September 2018

Industrial IoT (IIoT) Market Estimated To Grow to USD 771.7 Billion By 2026 | CAGR: 24.3%

New York City, 14 January 2019: The Report "Industrial IoT (IIoT) Market [(By Technology & Solutions); By Service (Consulting, Managed Services); By End-Use Vertical (Manufacturing, Utilities, Oil & Gas, Transportation & Logistics, Retail, Energy & Power, Agriculture, Healthcare, Others); By Regions]: Market Size & Forecast to 2026". According to a new study published by Polaris Market, the Global Industrial Internet Of Things (Iiot) Market is anticipated to reach USD 771.72 billion by 2026.

Industries worldwide are looking for new business models to construct a connected enterprise for merging their operational and information departments. This transformation is expected to enhance the overall productivity, operational efficiency, and visibility as well as decrease the complexities of diverse procedures in the industry. The capability of IIoT to decrease costs is the major factor responsible for its high adoption by the industries. Other factors include increased productivity, time-to-market, and process automation. Moreover, decreasing sensors prices has also helped in the reduction of overall costs related to data collection and analytics.

The role of IIoT is becoming more prominent in allowing easy access to machines and devices. The adoption of IIoT is further anticipated to escalate globally attributed to increasing innovative efforts by major players such as GE, Cisco and Huawei, as well as increasing initiatives sponsored by governments. For instance, the government of Germany is sponsoring a multi-year strategic initiative ‘Industrie 4.0’, focused on uniting the major participants from public and private sectors along with academia for the creation of an action plan and a broad vision to implement digital technologies in the country’s industrial sector. Furthermore, “Made in China 2025” initiative of the Chinese government is helping the promotion and integration of digital technologies in the industrial sector of China.

Browse Research Report On Industrial IoT (IIoT) Market Analysis:
https://www.polarismarketresearch.com/industry-analysis/industrial-internet-of-things-iiot-market

APAC Industrial IoT Market, By End-user Industry, 2017 – 2026

The market in the Asia Pacific region is projected to grow at the fastest CAGR owing to considerable adoption of IIoT in the countries such as Japan, Taiwan and China. Manufacturing companies across these countries are recognizing the advantages offered by the implementation of IIoT in their production line. China is the dominating country in the Asia Pacific market due to the presence of several manufacturing companies in the region and high adoption of automation technologies.

Some of the major players operating in the Industrial IoT include Corning Incorporated, ABB Ltd., Cisco Systems, Inc., General Electric Company, Siemens AG, Rockwell Automation, Inc., IBM Corporation, Microsoft Corporation, ARM Ltd., Intel Corporation, and Kuka AG among others.

Access Press Release of Research Report By Polaris Market Research:
https://www.polarismarketresearch.com/press-releases/industrial-iot-iiot-market

About us Polaris Market Research

Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

Web: https://www.polarismarketresearch.com

Consumer Network Attached Storage (NAS) Market Size Worth USD 10.2 Billion By 2026 - Polaris Market Research

New York City, 14 January 2019: The Report "Consumer Network Attached Storage (NAS) Market [By Design (1-Bay, 2-Bays, 4-Bays, 5-Bays, 6-Bays, 6Bays & Above); By Type (Rackmount and Standalone); By End-user (Residential, SMEs, and Large Enterprises); By Regions]: Market Size & Forecast, 2017 – 2026". According to a new study published by Polaris Market, the Global Consumer Network Attached Storage Market is anticipated to reach USD 10.2 billion by 2026.

The demand for consumer network attached storage globally is driven by increasing demand for cost-effective storage systems, efficient data backup systems, and speedy data transfer. Further, the market is also bolstering due to easy installation and low-cost of product, coupled with network sharing of data that improves the accessibility of users’ to data, among the office or in-house network. Furthermore, innovative offerings including cloud backup that is capable of integrating with consumer network attached storage system, is also driving the market growth for consumer network attached storage.

Browse Research Report On Consumer Network Attached Storage (NAS) Market Analysis:
https://www.polarismarketresearch.com/industry-analysis/consumer-network-attached-storage-nas-market

North America Consumer NAS Market Share, By Design, 2017 - 2026

The market by end-user is dominated by SMEs segment. The demand is highly attributed to the cost-effectiveness as well rising awareness for consumer network attached storage system. Also, by regions, Asia Pacific is expected to notice the highest growth. Further, region Middle East & Africa is also expected to notice considerable growth during the forecast period. Rising awareness among people and their increasing spending capability are the major factors driving the market growth in these regions. The North America region is expected to dominate the market, with US being the major contributor. The market in US is driven by presence of several start-ups in the country also, US in one of the hub for start-ups and a major location of several large technology companies. By design, the market is segmented into 1-Bay, 2-Bays, 4-Bays, 5-Bays, 6-Bays, and 6-Bays & above. The 4-Bays segment is dominating the market by design however, 2-Bay segment is expected to grow at a highest CAGR during the projected period.

Some of the key players operating in the consumer network attached storage market are Western Digital Corporation, Netgear Inc., Synology Inc., ASUSTOR Inc., QNAP Systems, Inc., ZyXEL Communications Inc., Buffalo America Inc., Drobo Inc., D-Link Corporation, and Seagate Technology Public Limited Company among others.

Access Press Release of Research Report By Polaris Market Research:
https://www.polarismarketresearch.com/press-releases/consumer-nas-market

About us Polaris Market Research

Global Artificial Intelligence Market Size Worth USD 54 Billion by 2026 - Polaris Market Research

New York City, 14 January 2019: The Report "Artificial Intelligence Market [By Technology (Machine Learning, Natural Language Processing, Speech Recognition, Image Processing); By End-use Verticals (BFSI, Transportation & Automotive, Healthcare, Retail, Manufacturing, Media & Advertising, Others); By Regions]: Market Size & Forecast, 2017 – 2026". According to a new study report the Global Artificial Intelligence Market is anticipated to reach USD 54 billion by 2026.

The advancements of robots and the rise in their deployment rate particularly, in the developing economies globally have had a positive impact on the global artificial intelligence market. Augmented customer experience, expanded application areas, enhanced productivity, and big data integration has highly propelled artificial intelligence market worldwide. Although, absence of adequate skilled workforce as well as threat to human dignity are some of the factors that could affect the growth of the market. However, these factors are expected to have minimal impact on the market attributed to the introduction of advanced technologies.

An extraordinary increase in productivity has been achieved with machine-learning. For instance, Google, with the help of its experimental driverless technology has transformed cars including, Toyota Prius. Integration of various tools by artificial intelligence has helped in the transformation of business management. These tools include brand purchase advertising, workflow management tools, trend predictions among others. For example, the Google’s voice accuracy technology has 98% of accuracy rate. Furthermore, Facebook’s DeepFace technology has a success rate of approximately 97% in recognizing faces. Such accuracy in technologies is further anticipated to bolster the market growth during the forecast period.

Browse Research Report On Artificial Intelligence Market Analysis:
https://www.polarismarketresearch.com/industry-analysis/artificial-intelligence-market

North America Artificial Intelligence Market, By End-use Verticals, 2017 - 2026

Currently, North America dominates the global Artificial Intelligence market attributed to the high government funding availability, existence of prominent artificial intelligence providers in the region, and robust technical adoption base. Also, the region is expected to continue its dominance during the forecast period. Moreover, the adoption of cloud-based services in key economies, such as the US and Canada, is considerably adding to the market growth in the North American region. The markets in Asia Pacific, MEA and South America region are expected to notice a high growth during the coming years. The growth in Asia Pacific region is attributed to the increasing demand for artificial technologies by the developing economies. Thus, the region is anticipated to grow at the highest CAGR during the forecast period.

Major companies profiled in the report include Google Inc., Intel Corporation, Nvidia Corporation, Microsoft Corporation, IBM Corporation, General Vision, Inc., Qlik Technologies Inc., MicroStrategy, Inc., Brighterion, Inc., and Baidu, Inc. among others.

Key Findings from the study suggest North America is expected to command the market over the forecast years. APAC is presumed to be the fastest growing market, developing at a CAGR of more than 65% over the forecast period. The artificial intelligence market is presumed to develop at a CAGR of over 55.9% from 2018 to 2026. The high implementation of artificial intelligence in several end-user verticals including, retail, automotive and healthcare is projected to boost the growth of the market over the forecast period. Several companies are making considerable investments to integrate artificial intelligence competences into their portfolio of products. For instance, in 2016, SK Telecom and Intel Corporation signed an agreement for the development of the artificial intelligence based vehicle-to-everything (V2X) technology as well as video recognition.

Access Press Release of Research Report By Polaris Market Research:
https://www.polarismarketresearch.com/press-releases/artificial-intelligence-market

About us Polaris Market Research

Digital Map Market Size Worth USD 9,269.5 Million by 2026- Polaris Market Research

New York City, 14 January 2019: The Report "Digital Map Market [By Usage (Indoor, Outdoor); By Functionality (GPS Navigation, Scientific, Computerized); By Service (Consulting, Management, Development); By Application (Mobile Devices, Enterprise Solutions, Defense, Automotive, Government, Others); By Region]: Market Size & Forecast, 2017 – 2026". According to the new study report the Digital Map market is anticipated to reach over USD 9,269.5 million by 2026.

In 2017, the outdoor segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

The increasing applications of digital maps in industries such as automotive, media & entertainment, and defense have boosted the growth of the market. Use of geospatial information in applications such as infrastructure management, risk and emergency management, urban planning, resource management, and logistics has increased the demand of digital maps over the years. Additionally, the technological innovation in the market in terms of improvement of components, and mapping software further boosts the adoption of digital maps. Increasing investments by vendors in technological advancements coupled with increasing applications of digital maps would support the market growth during the forecast period. However, high investment in data collection is expected to hamper market growth during the forecast period. Growing demand from emerging economies, and increasing adoption by small and medium businesses are factors expected to provide numerous growth opportunities in the coming years.

Browse Research Report On Digital Map Market Analysis:
https://www.polarismarketresearch.com/industry-analysis/digital-map-market

Global Digital Map Market By Region, 2017 – 2026

The adoption of digital maps is rising at a significant rate worldwide. Digital maps are increasingly being used for various applications such as civil engineering & construction, government, defense & intelligence, agriculture & forestry, transportation, real estate, and others. Varied applications of Digital Maps include topographic mapping, infrastructure planning, traffic management, and others. Defense and military sectors utilize digital maps on a large basis primarily for geospatial mapping. The increasing concern for security has led the defense sector to become a prominent buyer for geospatial intelligence and mapping services all over the world. These services are used for surveillance, battlefront analysis, strategy formulation, and situation analysis on border areas.

North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increasing applications in the commercial sectors have increased demand of digital maps in the region. The increasing demand from defense, and government sectors further boosts market growth. Local players are introducing low cost digital mapping solutions with high performance to cater to the growing consumer demand. Numerous key players have adopted partnership and expansion strategies to increase their market share in digital map markets in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period.

The different applications in digital map include mobile devices, enterprise solutions, defense, automotive, government, and others. In 2017, the automotive segment accounted for the highest market share. Digital maps are increasingly being used in self-driving cars. Other applications of digital maps in the automotive sector include advanced driver assistance systems, fleet management, and logistics control solutions.

Access Press Release of Research Report By Polaris Market Research:
https://www.polarismarketresearch.com/press-releases/global-digital-map-market

The well-known companies profiled in the report include DigitalGlobe, Inc., Apple, Inc., Google, Inc., HERE Holding Corporation, Environmental Systems Research Institute (ESRI), Inc., Getmapping PLC., Micello, Inc., TomTom International BV, MapData Services, Intermap Technologies Corporation, AutoNavi Holdings Ltd., and Collins Bartholomew among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

About us Polaris Market Research

Saturday, 8 September 2018

Global Smart TV Market Size Worth USD 341.6 Billion by 2026 - Polaris Market Research

New York City, 14 January 2019: The Report "Smart TV Market [By Resolution Type (4K UHD TV, HDTV, Full HD TV, 8K TV); By Screen Size (28 to 40 Inches, 41 to 59 Inches, and Above 60 Inches); By Distribution Channel (Direct, Indirect); By Region]: Market Size & Forecast, 2017 – 2026". According to the new study report the global Smart TV market is anticipated to reach USD 341.6 billion by 2026.

In 2017, the Full HD Smart TV segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

The increasing adoption of 4K televisions, and growing penetration of high speed internet have boosted the adoption of smart TVs. Increasing disposable incomes, and growth in media & entertainment industry further support the growth of this market. Increasing penetration of televisions, growing demand for superior video and audio television content, and rising consumption of online content boost the adoption of smart TVs. Increasing investments by vendors in technological advancements coupled with increasing demand from emerging economies further boost the market growth.

Browse Research Report On Smart TV Market Analysis:
https://www.polarismarketresearch.com/industry-analysis/smart-tv-market

Asia-Pacific Smart TV Market Share By Resolution Type, 2017 - 2026

The growing disposable income has encouraged consumers to buy technologically advanced television sets that are in perfect amalgamation with their increasing living standards. Moreover, consumers are opting for high quality video and audio services along with the ability to connect to the internet. Thus, lofty living standards and increasing consumption of online content, would contribute to the growth of the smart TV market, thereby positively affecting the market growth.

Asia-Pacific generated the highest revenue in the market in 2017 and is expected to lead the global market throughout the forecast period. The increasing disposable incomes in developing countries of this region, and growing media and entertainment industry drive the market growth in the region. There has been a significant increase in the shipment of smart TVs in the region. The growing demand for high quality audio and video services, along with the need to connect to the internet has encouraged consumers to invest in smart TVs. Local players are introducing low cost Smart TVs with advanced technologies to cater to the growing demand of consumers. Numerous key players have adopted partnership and expansion strategies to increase their market share in Smart TV markets of the Asia-Pacific region.

The different ranges of screen sizes covered in the report include 28 to 40 Inches, 41 to 59 Inches, and above 60 Inches. In 2017, the 41 to 59 inches segment accounted for the highest market share. Smart TVs with screen sizes in the range of 41 to 59 inches are gaining traction worldwide owing to improved capability to offer superior video and audio quality along with additional features. Introduction of low cost smart TVs by the market players have boosted the growth of this market segment.

Access Press Release of Research Report By Polaris Market Research:
https://www.polarismarketresearch.com/press-releases/global-smart-tv-market

The well-known companies profiled in the report include LG Electronics, Inc., Koninklijke Philips N.V., Sony Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, Hitachi Ltd., Toshiba Corporation, Haier Electronics Group Co., Ltd., Panasonic Corporation, Videocon Industries Limited, and Skyworth Digital Holdings Ltd. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

About us Polaris Market Research

Web: https://www.polarismarketresearch.com

Global Nanosatellite and Microsatellite Market Size Worth USD 6,111.8 million by 2026 - Polaris Market Research

New York City, 14 January 2019: The Report "Nanosatellite and Microsatellite Market [By Type (Nanosatellites, Microsatellites); By Application (Earth Observation, Communication, Technology Demonstration, Biological Experimentation, Scientific Research & Academic Training, Others); By End-User (Defense, Civil and Construction, Government, Energy, Commercial, Others); By Regions]: Market size & Forecast, 2017 – 2026". According to the new study report the global Nanosatellite and Microsatellite Market is anticipated to reach over USD 6,111.8 million by 2026.

In 2017, the nano satellite segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Nano Satellite and Micro Satellite market.

Nano satellites are used in civil, government, defense, and commercial sectors for earth observation and telecommunication applications. Organizations are increasingly adopting nano and micro satellites for technology demonstration, and scientific research and experimentation. The growing commercial sector, along with low costs associated with these satellites drive the market. There has been a rising demand of earth observation services among various sectors such as agriculture, energy, civil engineering, oil and gas, and defense.

Growing use of these satellites in defense sector would boost the growth of this market. Technological advancement in terms of miniaturization of components, and associated software has encouraged established organizations, and small and medium enterprises to invest in these satellites. Advancements in microelectronics such as light weight apertures, antennas, panels, transreceivers, control sensors and actuators, and multi spectral imagers would increase the efficiency and processing power of these satellites and make it easy to assemble and test, reducing the complexities associated with heavy satellites.

Browse Research Report On Nanosatellite and Microsatellite Market Analysis:
https://www.polarismarketresearch.com/industry-analysis/nano-satellite-and-micro-satellite-market

North America Nanosatellite and Microsatellite Market By Type, 2017 - 2026

Cubesat technology is growing at a rapid rate. CubeSats are a class of research spacecraft called nanosatellites. Cubesats are miniaturized satellites with mass between 1-3 kg. CubeSats are developed to standard dimensions (Units or “U”) of 10x10x11. They can be 1U, 2U, 3U, or 6U in size, and typically weigh less than 1.33 kg (3 lbs) per U. CubeSats are widely used by academia and research, and would constitute around 30% of total nano satellite market during the forecast period. Nano satellites in the range of 4-6 kg would constitute around 60% of the nano-satellite market during the forecast period owing to its increasing applications in remote sensing, earth observation, and technology development.

The adoption of nano and micro satellites in the commercial sector has increased tremendously over the past few years owing to miniaturization of bulky satellite components, reduced costs, and standardization of satellite parts. In the commercial sector, these satellites are used in forestry, agriculture, energy, civil engineering, archaeology, insurance, and media and entertainment among others. These satellites are used for obtaining high-resolution earth imaging, space-based internet, and communication services. Planet, a company based in U.S., has a constellation of 36 small satellites in orbit, and offers high resolution imaging to consumers in the commercial sector. Other companies such as Skybox, Digital Globe, and O3B offer services such as real time satellite imaging, telecommunication, and space-based internet through these satellites.

North America is expected to dominate the market throughout the forecast period. Rise in applications of nano and micro satellites in agriculture, real estate, defense, and government sectors in the North American region is the major driver for market growth. The affordable price of these satellites also accelerates the penetration in the commercial sector. Rise in investment in the defense sector, along with technological advancement in telecommunication industry, is expected to drive the nano and micro satellite market growth during the forecast period. Use of high-resolution imaging, and communication services for border security and monitoring high-risk situation by federal agencies, government, and non-government organizations are expected to raise the market investment for these services.

Access Press Release of Research Report By Polaris Market Research:
https://www.polarismarketresearch.com/press-releases/global-nanosatellite-and-microsatellite-market

The various applications of nanosatellites and microsatellites include earth observation, communication, technology demonstration, biological experimentation, scientific research & academic training, and others. Earth observation accounted for the highest share in 2017. These satellites are increasingly being used in this sector for commercial weather monitoring, agricultural monitoring and management, and synthetic aperture radar imagery. They are also used by the defense sector for border monitoring, disaster management, and other military missions. Companies such as Planet, Skybox Imaging, and Dauria Aerospace have launched several small satellites dedicated only for remote sensing.

Over 2,100 satellites are anticipated to be launched from 2016 to 2025. Leading companies in this sector include Planet, Spire, BlackSky Global and Satellogic, which together plan to launch 1,400 out of the total 2,100 satellites. An emerging application of these satellites is near real-time remote sensing, with two U.S. companies, Planet Labs and Skybox Imaging offering services. Near-real time satellite imagery would enable monitoring of assets at the same time for global corporations, and generating high-resolution visual data for individual companies, and governments. Increasing demand of on-demand geographic information systems with pay-per-image business model is expected to supplement the growth of this market.

The well-known companies profiled in the report include Lockheed Martin Corporation, Planet Labs, Inc., Sierra Nevada Corporation, Raytheon Company, Clyde Space, Inc., SpaceQuest Ltd., Surrey Satellite Technology Limited, Vector Space Systems, Tyvak Inc., The Boeing Company, GomSpace Group AB, Harris Corporation, and Thales Group among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

About us Polaris Market Research

Web: https://www.polarismarketresearch.com

Magnetic Sensors Market: Analyst View

New York City, 15 January 2019: According to a new study published by Polaris Market Research the global magnetic sensors market is anticipated to reach USD 4,680.3 million by 2026. The growing acceptance of e-compasses owing to their competence to improve the navigation experience of the users’ is anticipated to mount the application of magnetic sensors in automobiles during the coming years. Moreover, the implementation of these sensors is rising in consumer electronics application such as smart phones, and tablets, which is expected to propel the opportunities of magnetic sensors in the consumer electronics segments during the forecast period.

In the end-user segment, for consumer electronics market for magnetic sensors is anticipated to grow at the highest CAGR during the forecast period. This growth is attributed to its wide usage for navigation purpose in smartphones as in the modern day, almost every smartphone is integrated with e-compass. In smartphones, e-compass acts as a digital compass providing positioning of the smartphone concerning Earth’s magnetic field thus, facilitating the smartphone to sense the precise direction.

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The market in Asia Pacific and Europe together contributed the highest share. The presence of large automotive sector in European countries and consumer electronics manufacturers in Asia Pacific is bolstering the market growth. The emerging economies of Asia Pacific region such as China, India and other Southeast countries are contributing to the market growth with the increasing spending capability of population resulting in increased demand for consumer electronics, cars, gaming devices and others. For instance, sale of cars in China surpassed the sales of US. Also, the semiconductor industry of Asia Pacific region is growing at a high pace thus, propelling the market growth for magnetic sensors.

Major companies profiled in the report include Elmos Semiconductor AG, Baumer Ltd., Honeywell International, Inc., Robert Bosch GmbH, NVE Corporation, Allegro Microsystems, Inc., Infineon Technologies AG, Melexis Corporation, austriamicrosystems AG (AMS), and NXP Semiconductors among others. However, the constant decrease in the average selling price of magnetic sensors components is restricting the entry of new players in the market.

Key Findings from the study suggest Asia Pacific and European region is expected to command the market over the forecast years. APAC is presumed to be the fastest growing market, developing at a CAGR of more than 38% over the forecast period. The magnetic sensors market is presumed to develop at a CAGR of over 8.2% from 2018 to 2026. The consumer electronics and automotive segment is presumed to display the speediest development. The increasing implantation of magnetic sensors in several consumer electronics including budget smartphones, as well as growing demand for smart watches and fitness bands is driving the growth in APAC region.

Read More: https://www.polarismarketresearch.com/industry-analysis/magnetic-sensors-market