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Showing posts from April, 2021

Business Impacts of COVID-19 on Quantum Computing Market Strategies of Major Industry Competitors

The escalating investments from governments and private firms for the development of quantum science and technology will drive the quantum computing market at 33.1% CAGR during 2020–2030. The market stood at $89.6 million in 2019 and it is expected to reach $1,866.8 million by 2030. Moreover, the government organizations are extending immense support for commercialization of quantum computing by undertaking various initiatives to promote the same. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/quantum-computing-market/report-sample Industry experts are also recognizing the vitality of developing a coordinated strategy to offer financial help to quantum-related education and research activities. Over 130 research institutes and companies are currently engaged in researching this technology. For example, Alpine Quantum Technologies and IBM Corporation, together, created a new variant of Qiskit (version 0.13) that supports ion trap devices. This new

Product Analytics Market Drivers, Restraints, Opportunities, and Trends in Coming Years

With the increasing penetration of the internet in both developing countries such as China and India and developed countries such as Singapore and the U.S., the worldwide demand for product analytics is rising rapidly. For example, according to the Office for National Statistics, in 2018, 90% of all households in Great Britain had access to the internet. Additionally, the total percentage of adults who used the internet daily grew from 35% to 86% from 2006 to 2018 in the country. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/product-analytics-market/report-sample The rapid digital transformation in various countries is pushing up the requirement for product analytics solutions. Moreover, businesses all over the world are increasingly adopting advanced technologies such as product analytics for building a holistic understanding and delivering greater customer engagement. Apart from this, rapid advancements and innovations being made in various co

COVID-19 Business Impact on APAC Compressor Market Growth Opportunities, Market Share & Trends

The surging investments being made in infrastructural development and construction projects in countries such as India and China are causing a sharp rise in the sales of compressors in the Asia-Pacific region. Currently, there are many infrastructural development projects in pipeline in China. According to reports China approved the development of rail projects worth $43.3 billion in Shanghai in December 2018. Similarly, the Indian government is aiming to build as many as 100 smart cities and renovate other 500 cities. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/india-compressor-market/report-sample Some of the major application areas of compressors in this industry are car painting, tire inflation, engine construction, and air-conditioning systems. As per many surveys, the sales of vehicles (all types) grew by around 35% in China from 2012 to 2019, while in India, automobile sales increased by almost 22% from 2012 to 2018. With the rise in veh

Business Impacts of COVID-19 on Vertical Farming Market Strategies of Major Industry Competitors

Vertical farming or indoor farming offers advantages like less-water consumption, low-transportation cost, and minimized washing and processing of food products. These have led to the increasing adoption of this farming technique, in recent years. This cultivation method uses controlled environment agriculture (CEA) technology and produces food products through shipping containers, vertically stacked layers, and skyscrapers. These benefits will help the vertical farming market to grow at 24.2% CAGR during forecast period. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/vertical-farming-market/report-sample Vertical farming allows for the development of organic products that are effective in creating natural organic micro-greens. Currently, the world is witnessing a surge in the migration from rural to urban areas, on account of the booming population. This has led to robust change in lifestyle, increase in per capita income, and growth in health co

India Digital Transformation Market Recent Trends, Developments, Challenges and Opportunities

The business and government organizations have become more aware about the efficiencies and growth opportunities provided by the digital transformation solutions. Also, public agencies are utilizing AI-enabled applications, such as robotics and image and speech recognition solutions, to improve defense technology and equipment, and for digital transformation. Additionally, the surging adoption of internet of things (IoT) technology is a prime factor driving the Indian digital transformation industry . The BFSI sector needs to reconfigure each channel and accelerate its digital transformation to meet customer demands. Financial organizations of India are enhancing their digital service offerings and transforming into efficient digital organizations to increase their businesses. Additionally, end-use industries like telecom and information technology (IT), retail, manufacturing, and transportation and logistics are also adopting digital solutions to scale their businesses and improve cus

RF Semiconductor Market with Global Competitive Analysis, and New Business Developments

The major factors leading to the rising demand for radiofrequency (RF) semiconductors are the increasing popularity of smartphones, enhancements in the wireless communication technologies, and escalating adoption of the internet of things (IoT). As a result, from $2.1 billion in 2019, the RF semiconductor market will witness an 8.8% CAGR during 2020–2030 (forecast period), to reach $5.0 billion by 2030. Made of semiconductor materials, such components enable RF communication in an array of sectors. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/rf-semiconductor-market-report/report-sample The categories under the component segment of the RF semiconductor market are power amplifiers, filters, tuners, low-noise amplifiers, switches, and others. The power amplifiers category dominated the market in 2019, as these components are crucial for telecommunication equipment and consumer electronics. Thus, the rising demand for smartphones, laptops, surveill

Why will Popularity of Extended Reality Surge in Asia-Pacific in Near Future?

The valuation of the extended reality market will grow from $18.6 billion in 2019 to $1,005.9 billion by 2030. Furthermore, the market is predicted to advance at a CAGR of 48.3% between 2020 and 2030. Depending on device type, the market is divided into headset, personal computer (PC), and mobile. Out of these, the headset category will exhibit the fastest growth in the coming years. This is credited to the soaring requirement for VR/AR headsets all over the world and the development of advanced headsets by the industry players. For example, VIVE Focus Plus, which is a standalone headset that consists of a pair of updated motion controllers, was launched by HTC Corporation in February 2019. This product supports six degrees of freedom (6DoF) tracking and it is powered by Qualcomm Snapdragon 835. It also consists of a 3K active-matrix organic light-emitting diode (AMOLED) display.   Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/extended-reality-x

How Is GIS Technology Widening Growth Areas for Telecom Companies?

According to P&S Intelligence, the Asia-Pacific (APAC) GIS in telecom market will observe the fastest growth in the foreseeable future, owing to the high internet penetration in India, South Korea, and China. Moreover, the soaring government investments for developing 5G services, on account of surging requirement for improved network connectivity and speed, will propel the adoption of GIS solutions in the regional telecom sector in the coming years. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/gis-in-telecom-market/report-sample The solutions are being implemented to understand the data consumption patter of consumers and to improve telecommunication services. Geographically, North America held the largest share in the GIS in telecom market in 2019, owing to the mounting demand for 5G services. The requirement for GIS technology is increasing in the telecom sector, due to the rising focus on advancement of 5G technology. Moreover, the sur

Asia-Pacific Set to Witness Booming Demand for Deep Learning Solutions in Future

The demand for deep learning software will surge in the coming years. This will be because businesses and organizations around the world are increasingly using scalable deep learning software for several applications such as image recognition, signal recognition, and voice assistance.  Image recognition, signal recognition, recommendation engine, data mining, and natural language processing (NLP) are the major application areas of deep learning solutions. Amongst these, the usage of this technology was the highest for image recognition. This was ascribed to the huge requirement for deep learning solutions for image recognition applications, on account of their ability to identify and detect objects and analyze digital images effectively and efficiently.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/deep-learning-market-report/report-sample Across the globe, the demand for deep learning market is predicted to soar in Europe and North America in

Why will Demand for Fingerprint Sensors Soar in Asia-Pacific in Near Future?

In 2018, dual interface biometric payment cards were launched by Visa Inc. in collaboration with Mountain America Credit Union and Bank of Cyprus. Due to these factors, the popularity of fingerprint sensors is growing rapidly across the globe, which is, in turn, fueling the expansion of the global fingerprint sensors market. According to various reports, the market reached a value of $3.8 billion in 2019 and it is predicted to grow at a CAGR of 13.6% from 2020 to 2030. Depending on type, the fingerprint sensors industry is divided into area/touch sensors and swipe sensors. Of these, the area/touch sensors recorded higher growth in the market during the last few years, because of the huge requirement for them in smartphones and several other consumer electronic devices, on account of the fact that the sensing capability of these devices is better than the swipe sensors. Thermal, ultrasonic, optical, and capacitive are the major technologies used in fingerprint sensors. Get the Sample C

Usage of Natural Language Processing Solutions Increasing in Contact Centers

Steadily since the arrival of computers and the internet, the amount of data being generated and consumed each day has been rapidly increasing. Moreover, with the adoption of advanced connected technologies, the problem of analyzing such massive volumes of structured and unstructured data and gaining actionable insights has become even worse.   Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/natural-language-processing-market/report-sample Therefore, companies around the world are increasingly using computers for this purpose, wherein the first step is to understand what is being conveyed. Thus, for computers to understand the spoken and written word, natural language processing (NLP) is being used. NLP, a subset of artificial intelligence (AI), allows for automatic translation, speech processing, natural language generation (NLG), and sentiment analysis. Thus, by recognizing speech and text, the technology allows developers to structure knowledge

How Are AI-Powered VR Headsets Improving Gaming Experience?

Currently, the soaring demand for virtual reality (VR) headsets has become a key trend in the wearable AI devices market. The use of VR headsets has increased in recent years across the globe, due to the rising penetration of smartphones and the surging popularity of cloud and mobile gaming. To keep up with the growing video games industry, the market players are launching new and improved VR headsets to offer the best visual experience and better sound quality, thereby, enhancing the overall gaming experience for the customers. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/wearable-ai-devices-market/report-sample In recent years, the market players have actively focused on the development and launch of new products, with emphasis on AI-supported wearable devices for tracking fitness activities. For example, in October 2018, Garmin Ltd. introduced Instinct, a smartwatch featuring a barometric altimeter, and global positioning system (GPS), GALILE

Surge Expected in Asia-Pacific Smart Meters Market in Coming Years

Depending on meter type, the market is divided into water meter, gas meter, and electric meter. Out of these, the water meter category is predicted to exhibit the fastest growth in the market in the forthcoming years. This will be because of the growing adoption of water meters in several countries for monitoring water consumption and tracking leakage, wastage, and pressure with the help of various inbuilt sensors and carrying out data analysis for optimizing the water usage. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/smart-meters-market/report-sample When application is taken into consideration, the smart meters market is categorized into residential, commercial, industrial, and water utilities. Out of these, the residential category registered the highest growth in the market during the last few years and this trend is likely to continue in the coming years. This is ascribed to the fact that smart meters are required heavily in residential u

Growing Frequency of Data Breaches Boosting Cyber Insurance Policy Implementation

There has been an exponential rise in cyberattacks, due to the surging penetration of internet in every aspect of our lives. A large number of cases of breaching of personal data, such as social security numbers, email address, passwords, and credit card numbers, are being reported nowadays. Nearly 8 million cases of cyberattacks were reported between January 2019 and April 2020. Owing to this reason, the cyber insurance industry will progress at 26.3% CAGR during 2020–2030. The market value is expected to reach $70,671.9 million by 2030 from $5,573.2 million in 2019. To contain the cases of data breaches, governments across the world are constantly implementing legislations pertaining to cybersecurity. High digitalization rate and easy connectivity have led to the emergence of cyber threats and vulnerabilities, which have an adverse impact on organizations. In this regard, several administrations have mandated the implementation of cyber security measures to mitigate the risks associ

How Is BYOD Culture Increasing Adoption of WiGig Solutions?

Apart from the business organizations, the residential, healthcare, government, and banking, financial services, and insurance (BFSI) sectors are also increasing their reliance on these 60 GHz Wi-Fi solutions, to meet the booming demand for high-frequency bands. Among these, the healthcare industry will become the largest user of WiGig solutions in the coming years. Healthcare facilities are deploying such solutions to meet the need for high-speed internet that allows functionality in mission-critical application areas, such as radiology and cardiac imaging. In recent years, it has been observed that key WiGig market players like Cisco Systems Inc., Intel Corporation, Panasonic Corporation, Qualcomm Incorporated, and Broadcom Inc. have started indulging in product launches, mergers, acquisitions, and geographical expansions to gain a wider customer base. For example, in November 2018, Qualcomm Incorporated introduced QCA64x1 (mobile) and QCA64x8 (fixed) chipsets to support speeds up

Mushrooming Prevalence of Cyber-Attacks Fueling Demand for Next-Generation Firewall Solutions

Due to the various limitations of the conventionally used firewall, the demand for next-generation firewall is surging sharply all over the world. The traditionally used firewall is not able to handle the rapidly changing internet security requirements of businesses, as it is based on web protocols and cannot efficiently distinguish between several types of web traffic such as the ones coming from legitimate business applications. This firewall either rejects or accepts the overall data traffic. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/next-generation-firewall-market/report-sample As a result, it is not a feasible solution for businesses. Moreover, the adoption of virtual applications and machines by businesses is increasingly rapidly, which is, in turn, pushing up the demand for improved cybersecurity solutions. Because of these reasons, organizations are now adopting next-generation firewall solutions that add multiple protection layers su

Why Is mmWave Trending in Radiofrequency (RF) Semiconductor Market?

A key trend in the RF semiconductor market is the usage of mmWave for 5G telecommunications. The increasing mobile data consumption is driving the demand for a greater bandwidth, which has put the existing telecommunication technologies under immense pressure. Hence, the need for a technology that can support higher rates of data transmission and a larger bandwidth has significantly increased. Therefore, with a frequency band range of 24–300 Gigahertz (GHz), mmWave offers more coverage, improved performance, and smooth connectivity. One of the strongest factors propelling the growth of the RF semiconductor industry is the rising demand for smartphones. As per the GSM Association, there were 3.5 billion smartphone connections around the world, and the smartphone penetration rate was 45%. With economic growth, smartphone sales are increasing in India, Nigeria, China, Pakistan, Indonesia, and other developing countries. Moreover, according to a survey conducted by the World Advertising R

Why is Global Demand for DWaaS Mushrooming?

The burgeoning requirement for real-time data analysis is one of the major factors fueling the demand for data warehouse as a service (DWaaS) solutions across the globe. With increasing digitization, huge volumes of semi-structured, structured, and unstructured data are being generated. Many organizations around the world are leveraging this information for improving their productivity, retaining customers, augmenting their profits, and reducing future risks. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/data-warehouse-as-a-service-market/report-sample Due to this reason, the worldwide demand for big data analyzing and storing solutions is rising rapidly. The adoption of DWaaS solutions allows the deployment of third-party business intelligence (BI) applications. Besides these factors, the surging adoption of cloud-based solutions is also positively impacting the demand for DWaaS technology all over the globe.  Furthermore, the surge in e-commer