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Showing posts from October, 2020

COVID-19 Impact Review: Outdoor Lighting Market 2020, Outlook in 2030? | Know the Challenges and Trend Analysis

A major reason driving the growth of the outdoor lighting industry is the rising adoption of energy-efficient lighting solutions. These days, solar-powered lighting is emerging as a reliable and popular source of street lighting and is extensively being utilized around the world. Strict government regulations for the development of sustainable infrastructure, increasing public and private investments towards electrification of off-grid areas, and surging consumer awareness about climate change are the major factors leading to the rising adoption of solar-lighting systems. These systems further have low operational cost, owing to which, they are ideal for remote locations.  As per a study by P&S Intelligence, the outdoor lighting market is predicted to reach a value of $23.8 billion by 2030, rising from $10.7 billion in 2019, advancing at a 7.3% CAGR during the forecast period (2020–2030). The market is witnessing growth due to the rising adoption of energy-efficient lighting solut

Software-Defined Wide Area Network: The Future of Networking

With increasing volumes of data being used across the world, a plethora of mission critical assets such as enterprise information, databases, and applications are becoming highly vulnerable to unauthorized access. The conventionally used wide area network (WAN) solutions are not sufficient for protecting the network from cyber attacks and threats and providing effective security control for various cloud applications. As a result, organizations are turning to the software-defined WAN (SD-WAN) solutions for helping them monitor and measure network traffic. Furthermore, these solutions provide the information technology (IT) departments deep visibility into WAN and allow them to rapidly detect and pinpoint a security threat. The other major factor fueling the demand for SD-WAN solutions is the rising usage of big data and the internet of things (IoT) in various applications around the world. As per the Microsoft IoT Signals Report 2019, as much as 85% of the total number of respondents

How are Increasing Safety Concerns Driving Automotive Electronics Market?

The adoption of automobiles has been increasing at a rapid pace across the globe, which can be attributed to the improving economic condition of developing countries, increasing disposable income of people, and technological advancements that have led to reduction of prices of vehicles. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2018, approximately 95.1 million automobile were sold, and the automotive sales grew by 1.8% CAGR during 2014–2018.  Furthermore, the demand for electric vehicles and autonomous vehicles has especially been on rise, which is leading to the high requirement for automotive electronics. Electronics that are designed especially for usage in automobiles are referred to as automotive electronics. Ascribed to this, these devices can endure much more extreme temperature ranges than other normal electronics. These devices essentially enhance the driving experience for people and also make them safer. Attributed to this, t

Data Center Colocation Market Future Trends, Prominent Players, Covid 19 Impact and Forecast by 2030

The Asia-Pacific (APAC) region is projected to witness the highest CAGR during the forecast period, majorly because of the rapid developments in the IT and telecom and healthcare industries in developing countries in the region. The increase in the requirement for temporary server and data storage in the region is growing, as a large number of IT firms from across the globe are outsource their processes to APAC-based companies.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/data-center-colocation-market/report-sample A major factor leading to the growth of the data center colocation market is the high cost of private data centers. The cost of maintaining private data centers is extremely high, particularly for enterprises that the amount of data that is being generated is not consistent. With the adoption of AI and IoT and swift digitization, a large amount of data is being generated that needs to be managed and stored efficiently and in a cost-e

Mobile Collaborative Robots Market Future Trends, Prominent Players, Covid 19 Impact and Forecast by 2030

The demand for mobile cobots is particularly increasing in the automotive industry. These devices offer a number of advantages, including standardization in the production process and high-quality output, which is why their adoption in the automotive manufacturing industries is growing swiftly. Mobile cobots can further handle multiple tasks, such as material handling, welding, and assembling, which is an added advantage for automotive industries. These robots further offer the amount of automation that is needed in industries these days.  The global mobile collaborative robot market is expected to attain a revenue of $6.8 billion by 2030, increasing from $543.3 million in 2019, and is projected to witness a robust growth of 26.3% during the forecast period (2020–2030). On the basis of application, the market is divided into assembling, machine tending, welding, material handling, and pick & place, out of which, the assembling division is expected to register the fastest growth du

MEA HVAC Market By Trends, Growth, Regions size and Forecast up to 2030

The Middle East and Africa (MEA) HVAC market is expected to reach $10.1 billion by 2024. The market is buoyed by several factors including overall growth in construction industry, surging religious tourism, and upcoming major events. In addition to this, major climate change is further fueling the market growth year-over-year (YoY) in the region. On the basis of HVAC type, the Middle East and Africa HVAC market is segmented into heating, ventilation, and cooling, wherein cooling category is further segmented into VRF, ducted split/packaged unit, split unit, chillers, and room air conditioners (RACs). On the basis of end-user, the Middle East and Africa HVAC market is segmented into commercial, industrial and residential, wherein commercial is further split into commercial offices/buildings, hospitality, supermarkets/hypermarkets, government, transportation, and healthcare. Request Sample Copy of Report: https://www.psmarketresearch.com/market-analysis/mea-hvac-market/report-sample

Deep Learning Market By Trends, Growth, Regions size and Forecast up to 2030

AI function of imitating the human brain in data processing and analysis and then creating patterns based on that analysis is called deep learning. A subset of machine learning in AI, deep learning has networks that have the capability to learn from unstructured and unlabeled data without any assistance or supervision from humans. Due to their excellent data processing, learning, and pattern forming features, this software is being increasingly adopted in contact centers around the world.  From reducing and managing call duration and decreasing call volume to refining first-call resolution and improving customer satisfaction, this software performs a plethora of important functions in contact centers. In addition to this, deep learning solutions assist in reducing the time required for the resolution of queries and problems in contact centers by routing calls, depending on their purpose, to the concerned executives in a very efficient manner.  Apart from improving contact center operat

Light Sensor Market Trends, Segmentation, Key Players, Application And Forecast

Light sensors are widely used in consumer electronics, industrial, automotive, healthcare, and entertainment sectors. Out of these sectors, the automotive sector is predicted to observe the highest growth in the usage of light sensors in the coming years. This is mainly attributed to the increasing incorporation of advanced driver assistance systems (ADAS) in automobiles, which require light sensors for park assist, light sensing, and several other applications. Increasing adoption of light sensors in consumer electronics, growing demand for smart home technology solutions, and increasing use of internet of things (IoT) sensors in the automotive sector are some of the major factors driving the growth of light sensor market across the world. Based on function, the light sensor market has been categorized into ambient light sensing, gesture recognition, RGB color sensing, proximity detection, and infrared radiation (IR) detection.  Owing to the mushrooming demand for these devices from

Auto ML Market Size, Key Vendors, Growth Rate, Drivers, Volume and Forecast Report

The rising prevalence of fraudulent incidents is a major factor fuelling the progress of the automated machine learning market all over the globe. Many companies are increasingly adopting advanced technologies and solutions such as conventional machine learning techniques and big data for detecting and preventing frauds. However, because of the high generation of data and high imbalance and skewed nature of the datasets, in terms of negative and positive classes, organizations are incorporating AutoML solutions for data preprocessing, evaluation, missing data management, data analysis, and various other processes. The major reasons behind the growth of the automated machine learning (autoML) market are the rising demand for advanced fraud detection solutions and personalized recommendations on various products and increasing awareness about predictive lead scoring. Due to these reasons, the market size is expected to increase from $269.6 million in 2019 to $14,511.9 million by 2030, at

Autonomous Mobile Robots Market: In-Depth Coverage And Various Important Aspects by 2030

The global autonomous mobile robots market  market is predicted to reach a value of $220.6 billion by 2030, increasing from $29.3 billion in 2019, progressing at an 18.3% CAGR during the forecast period (2020–2030), as per a study conducted by P&S Intelligence. The major offerings of the AMR technology are service, software, and robotic system, out of which, the demand for services has been the highest up till now. Other than this, the demand for robotic systems is also predicted to rise significantly in the years to come.  Different types of robotic systems are humanoid, unmanned maritime vehicle (UMV), unmanned aerial vehicle, and unmanned ground vehicle (UGV). Among these, the demand for UGVs was the highest in 2019, owing to the increasing deployment of these robots for field expedition and logistics applications. UGVs are deployed for automating the process of storage and placement of products in storage facilities and warehouses in the logistics sector. These robots are easy

Outdoor Lighting Market | Analysis, Post Covid-19 Impact | Potential Business Impacts for Key Players

The global outdoor lighting market , which generated $10.7 billion in 2019, would grow at a 7.3% CAGR between 2020 and 2030, to reach $23.8 billion by 2030. This is simply because, as more roads and highways are constructed, an increasing number of lighting fixtures would be installed along them. Moreover, the sale of automobiles is surging in developing countries, which is also pushing the rate of road transport infrastructure development. The COVID-19 pandemic has not only stalled such infrastructure development projects in most of the affected countries, but also halted the supply of the electronic components of lights from original equipment manufacturers (OEMs), especially those in China. In addition, the lockdown measures imposed by the government in numerous countries, including a partial or complete ban on people traveling for leisure purposes, has ill-affected the transportation as well as the travel and hospitality sector, which has, in turn, led to a lower demand for outdoor

Know About Covid-19 Impact on India Structured Cabling Market | Insights on Size, Share, Demand, Trends & Key Players

The Indian structured cabling market is expected to reach a value of $812.1 million by 2030, progressing at a 7.4% CAGR during the forecast period (2020–2030), according to a study conducted by P&S Intelligence. The market is registering growth due to the expanding data center market and surging consumption of data in the country. In terms of product, the market is divided into fiber components, copper components, fiber cable, and copper cable.  Within the country, the southern region dominated the Indian structured cabling market in 2019 and is further projected to account for the largest share of the market in the coming years as well. This can be ascribed to the presence of large IT hubs in cities including Hyderabad, Bengaluru, and Chennai. In addition to this, the swift adoption of structured cabling by companies, growing demand for higher bandwidth, rapid digitization, and emergence of internet of things technology are also leading to the growth of the market in this region.

Impact of COVID-19 on Cyber Insurance Market Growth, Segments, Size, Industry Analysis and Opportunities 2030

Cyber insurance is being adopted by a number of these days, however, its largest demand in 219 was created by the BFSI industry, which is further expected to create the largest demand in the coming years as well. BFSI have been focusing intently on technological transformations for meeting the evolving needs of their customers. A lot of data has now been shifted on cloud, owing to its advantages. However, it has also raised concerns regarding data breaches in the industry, owing to which, they are widely adopting cyber insurance.  Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/cyber-insurance-market/report-sample Owing to technological advancements, the world today is living in a digital era and the adoption of cloud solutions has increased significantly. While digitalization has numerous benefits, it has also resulted in the rise in number of cyber-attacks across the globe. Hackers are increasingly breaching personal data of people, including c

How is Cabling in IT Sector Becoming Increasingly Structured?

There are various types of wires used in structured cabling systems namely category 7, category 6A, category 6, and category 5e wires. Out of these, the usage of the category 6 wires was found to be the highest in the years gone by, on account of the fact that these wires are highly compatible with the systems using category 5 cables. Moreover, these wires offer higher data transfer speeds and lower crosstalk than the other wires. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/structured-cabling-market/report-sample The other important factor augmenting the requirement for these cables is the fact that these wires offer better shielding and reduces signal interference and noise to a much higher degree than the other cables. Due to these reasons, the demand for these wires will be very high in the future as well. Geographically, the structured cabling market will exhibit huge expansion in Asia-Pacific (APAC) in the near future, as per the forecast

Coronavirus Business Impact – RF Transceiver Market In-depth Analysis of the Global Industry with Future Estimations

The global rf transceiver market was valued at $9.8 billion in 2018 and is further predicted to grow with a CAGR of 11.6% during the forecast period (2019–2024). The various factors positively affecting the growth of the market include the rising adoption of internet of things (IoT) and growing demand for mobile devices. On the basis of application, the RF transceiver market is categorized into embedded modules, routers, mobile devices, add-on cards, and others (customized devices and gaming).  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/rf-transceiver-market/report-sample The application of mobile devices held the largest share of the market during the historical period (2014–2018) and is expected to dominate the market during the forecast period as well. The usage of smartphones has increased significantly since 2016–2017 due to advanced multimedia features, fast 3G/4G LTE multimode connectivity, and enhanced location awareness. A transceive