Security Testing Market Business Strategies, Emerging Technologies and Future Growth Study

As per Market Research Future (MRFR), The global security testing market had a valuation of USD 3.67 billion in 2017 and is estimated to reach USD 8.69 billion with a CAGR of 15.72% from 2017 to 2023 (forecast period). The report discusses and examines the effect of the outbreak of COVID-19 on the global security testing market, including possible opportunities and threats, drivers, and risks.

With the increasing adoption of cloud-based services and automation, the capabilities of industrial and enterprise networks are increasing. Nevertheless, there are also risks and threats associated with the security of customer data and web and mobile applications. Security testing can be considered a form of software testing used to identify system and network susceptibilities. This is done to assure the security of data and assets against potential threats. Security testing can be broadly categorized under four different heads: network security, system software security, client-side application security, and server-side application security.

Market Dynamics

The key factors contributing to the Security Testing Market Size are the growing need to secure customer data and web and mobile apps, the increased acceptance of cloud-based security solutions, and the increasing need for better security due to rising cyber-attacks. However, a lack of understanding of cybersecurity and increased adoption of freeware security applications present challenges to market development.

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Market Segmentation

The global market for security testing has been segmented into service type, tool, deployment, and industry vertical. 

By service type, the global security testing market has been segmented into network security testing, application security testing, and device security testing. Network security testing is further divided into firewall testing, VPN testing, and IDS/IPS testing. Application security testing is further divided into web application security testing, static application security testing, mobile application security testing, cloud application security testing, and dynamic application security testing.

By tool, the global security testing market has been segmented into penetration testing tools, web testing tools, automated testing tools, and others.

By deployment, the global security testing market has been segmented into cloud and on-premise deployment.

By industry vertical, the global security testing market has been segmented into government and public sector, BFSI, IT & telecommunication, healthcare, retail, and others.

Regional Analysis

The geographical analysis of the global security testing market is studied for North America, Europe, Asia Pacific, and the rest of the world. 

The adoption of security testing solutions and services is commonly seen in companies as most of them already have access to automation or cloud services. North America currently dominates the security testing market, as the region has been known as an early adopter of automation and cloud services to improve its enterprise networks. As a result, companies feel the need for security testing as the risk of data theft and privacy increases. The U.S. and Canada are the dominant countries in North America that are rising with a spectacular CAGR.

Europe is trailing North America closely in the security testing industry. The area has highly economically established countries with a strong role in the information and communication technology market. Countries like Germany and the United Kingdom dominate the market for security testing in Europe.

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Key Players

The industry giants in the security testing market are Cisco Systems Inc. (US), Hewlett Packard Enterprise (US), Checkmarx (Israel), IBM Corporation (US), Qualys Inc. (US), WhiteHat Security (US), Veracode (US), Applause App Quality Inc. (US), UL LLC (Netherlands), and Intertek Group PLC (UK). These players contribute a significant proportion to market growth.

Apart from the industry giants, other players contribute nearly 30–35 % in the security testing market. These include Valency Networks Pvt Ltd (India), Infosys Limited (India), Capgemini SE (France), Wipro Limited (India), Cognizant Technology Solutions Corp (US), Tata Consultancy Services Limited (India), CloudBees (US), Hexaware Technologies Limited (India), Zensar Technologies Limited (India), Rohde & Schwarz UK Ltd (Germany), Beyond Security (US), Symetrics (Netherlands), TraceSecurity (US) and others.

About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

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Fuel Card Market Estimated to Grow with a Healthy CAGR During Forecast Period 2020-2027

Market Overview

 The global fuel card market is yet to realize its full potential but is expected to reach a modest 5.47% CAGR during the forecast period (2018-2023). A market valuation of USD 826.3 billion by 2023 seems plausible by 2023 for the Fuel Card Market Size. Market Research Future’s (MRFR) study on the same industry has a sharp eye on the drivers who are likely to play a major role in the company ‘s development in the coming years.

Market Highlights

Cashless fuel transaction is becoming the norm as most prefer to avoid unreasonable difficulties while refueling their car and want to move on as quickly as possible. This is making such a buzz and the card companies are seeking to draw incentive points and other incentives even more consumers that significantly fann the spark for a stronger growth of the fuel card market in the years ahead.

The fuel card market is now attracting tremendous attention from fleet administrators and vehicle owners who tend to keep an eye on fuel usage in order to maximize logistics by reducing costs.

Going cashless however has its own chance. A daunting security breach threat is looming all the time and it can considerably endanger the privacy issues that can be a deterrent to the fuel card market during the forecast period. At the same time, the regulatory system may still raise certain concerns that can discourage others from entering the wagon.

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Segmentation

Based on the card type, the fuel card market can be segmented into individual fuel card, business fuel card, and prepaid fuel card. Among these segments, business fuel cards segment has the significant lead.

Based on the vehicle type, the fuel card market can be bifurcated into heavy fleets and light fleets. Heavy fleets segment has the market edge.

Based on the application, the fuel card market can be segmented into toll charge, parking, fuel refill, vehicle service, and others. Toll charge segment leading the pack with considerable market revenue.

Regional Overview

The highest market share for the fuel card is accounted for in North America. The region’s fast-paced life, the urge to go cashless and the prevalence of the internet at any point have a knock-out impact on the market share of fuel cards. The United States is the principal contributor to the growth of the regional market. The stellar proliferation of the internet across sectors has a significant impact on life, and one of these is the fuel card that aims to reduce daily problems.

It is all due to the influences of the western portion of the continent that Europe is getting a fantastic ride. The UK, Germany and France are major contributors. The area rejoices at the growth due to the emergence of large prepaid corporate card service providers and connection to the internet. In addition, several suppliers of fuel cards are from North America and Europe, which have a profound impact on the market.

Over the coming years the APAC field is expected to shift the ball game. In the coming years, the APAC market will be a big opportunity because many of the developing nations are yet to understand their full potential in pursuing fuel card business possibilities. This has caused many foreign firms to step in and develop their facilities accordingly. The region is projected to register the fastest growth among its peers over the forecast period. China, India, and Japan are to become major contributors due to their dense population and growing use of vehicles.

Competitive Scenario

Key players to get involved in the fuel card market are Arco Limited (U.K.), Royal Dutch Shell (Netherlands), FleetCor Technologies, Inc. (U.S.), ExxonMobil (U.S.), BP (U.K.), Wex Inc. (U.S.), Puma Energy (Singapore), Oilibya (Libya), Engen Limited (South Africa), First National Bank (U.S.), Fuelman (U.S.), British Petroleum (U.K.), and Comdata (U.S.).

The global demand for fuel cards is predicted to shine brilliantly with many companies chipping in with their own strategic moves. The business is expected to grow with the individual firms. It’s bound to get help from mergers , acquisitions, new product launch, collaboration, and other smart moves to push the boundary far.

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

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Email: sales@marketresearchfuture.com

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Smart Robot Market Sales Revenue, Comprehensive Plans, Growth Potential & Forecast 2020-2027

Market Scenario

The smart robots are made for doing autonomous tasks and for working along with human being. In other words, smart robots are the mechanical devices which help humans for developing accuracy, flexibility, and reducing manual labor in industrial processes. Growth of industrial automation along with the ability of robots to predict breakdowns in the industry are likely to drive the Smart Robotics market during the forecast period. However, safety concerns due to complex high-level interfacing can limit the adoption of smart robots. High initial R&D expenditure can also contribute to the restrining factors of the smart robot market during the forecast period.

Key Players:

The prominent players in smart robot market are Honda Motor (Japan), iRobot Corporation (US), Seiko Epson Corporation (Japan), GreyOrange pte Ltd (Singapore), Rethink Robotics (US), KUKA AG (Germany), F&P Personal Robotics (Switzerland), SoftBank Robotics (Japan), Yaskawa Electric Corporation (Japan), and FANUC (Japan) among others.

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Segments:

The global smart robot market is segmented on the basis of component, vertical, and region.

  • By Component, the market is segmented into actuators, sensors, power source, and control systems. Actuators market is segmented into electrical, pneumatic, hydraulic, piezoelectric, and ultrasonic. Sensor market is segmented into gyroscope, microphone, accelerometer, tilt sensor, force/torque sensor, position sensor, and vision/image sensor.
  • By Vertical, the market is segmented into automotive, manufacturing, electrical & electronics, food & beverage, chemical, residential, and entertainment.
  • By Region, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world.

Regional Analysis:

The global market for smart robot is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of smart robot market is studied for North America, Europe, Asia-Pacific, and the rest of the world.

North America is expected to grow at rapid pace during the forecast period due to countries like the US, Canada, and Mexico that are considered as the early adopters of robots in various verticals such as medical, consumer electronics, entertainment robots and the largest markets which contribute to the overall regional growth.

Asia-Pacific is expected to domainate the global smart robot market during the forecast period. Asia-Pacific is on a verge of leading the global market economically and technologically owing to continuous advancements in countries such as China, Japan, and South Korea which are expected to dominate the global smart robot market in Asia-Pacific. Due to high purchasing power of consumers, the adoption of smart robots for non-industrial applications such as entertainment is expected to contribute to the market growth. 

Europe is expected to grow at slow rate as compared to other regions during the forecast period. Countries such as the UK, Germany, and France are expected to dominate the smart robot market in Europe. Food & beverage vertical is expected to dominate the European market due to increasing demand for robots for packaging food with preservatives.

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

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Email: sales@marketresearchfuture.com

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Hyper-converged Infrastructure Market Sales Revenue, Key Vendors Analysis, Future Trends and Market Growth

Hyper-converged Infrastructure Market -Overview

The optimum level of operational efficiency of systems is predicted to shape the hyper-converged infrastructure market 2020. The SEM industry reports are produced by Market Research Future, which highlights market options for expansion.  An exceptional 43% is estimated to be witnessed in the market during the forecast period.

The enhanced scalability and data center consolidation is projected to motivate the Hyper-converged Infrastructure Market Growth. The mounting focus toward VDI and server virtualization is estimated to transform the potential of hyper-converged infrastructure market in the coming years. The low-priced cost expense of ownership is estimated to further open up the opportunities for the hyper-converged infrastructure market in the coming years.

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Segmental Analysis

The market of hyper-converged infrastructure is segmented on the basis of application, hypervisor type, region, and vertical. Based on the verticals, the hyper-converged infrastructure market is segmented into healthcare, government, education, BFSI, and others. On the basis of hypervisor types, the hyper-converged infrastructure market is segmented into KVM, VMware, and Hyper-V. The application basis of segmenting the hyper-converged infrastructure comprises of cloud, server virtualization, virtual desktop infrastructure, remote office/branch office, data protection, and others. Based on the region, the hyper-converged infrastructure market consists of Asia Pacific, North America, Europe, and the rest of the regions.

Detailed Regional Analysis

The regional scrutiny of the hyper-converged infrastructure market is studied for regions such as Asia Pacific, North America, Europe, and the rest of the regions. The leading share of the market is of the Asia Pacific region and is also anticipated to mature with the best rate throughout the forecast period. The North American region is  attributable to the improvement in the electronics industry and ever-increasing demand for hyper-converged solutions across a variety of industry verticals. Moreover, the well-built presence of industry goliaths is another chief factor motivating the augmentation of the hyper-converged infrastructure market in the region.

Competitive Analysis

The competitors present in the market are recalibrating their market share to open up new areas of development in the market. The state of the market is extremely indecisive due to the effect of the macro factors operating in the global economy. The road to the resurgence of the market is estimated to be extended and arduous due to the degree of setbacks it has suffered. The prospects for growth in the market have to be carefully sought out and examined to ensure that they will ensure the favorable development of the market in the coming period. The investment in robotic elements in the supply chain is estimated to be seen in the future to reduce the impact of the human capital on the long term market expansion. The stress on enhancing the production potential and upgradation of the workforce are the top priorities to reinvigorate the development potential of the market in the coming period. The establishment of robust distribution channels is estimated to define the development of the market in the future.

The eminent contenders in the hyper-converged infrastructure market are Nutanix (U.S.), Hewlett Packard Enterprise Company (U.S.), Gridstore Inc. (U.S.), VMware Inc. (U.S.), SimpliVity Corporation (U.S.), Scale Computing (U.S.), Dell EMC (U.S.), Nimboxx Inc. (U.S.), Cisco Systems Inc. (U.S.), Maxta Inc. (U.S.), and Pivot3 Inc. (U.S.) among others.

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Industry Updates:

Apr 2020 Super Micro Computer, Inc. (SMCI), creator of enterprise storage, computing, networking solutions, and green computing technology, launched numerous systems modified to work with a top open, hyper-converged software contribution, Red Hat Hyperconverged Infrastructure. These systems, accessible now, provide customers with novel options when architecting infrastructure. Supermicro worked together with Red Hat to increase advanced configurations based on leading Supermicro servers.

About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Interactive Whiteboard Market Profits, Trends, Overview and Business Opportunities

Market Scenario

The global interactive whiteboard market is projected to witness a rapid growth during the forecast period owing to the increasing demand for cloud-based interactive whiteboard across various end users. The market has gained a considerable acceleration due to the growing demand for gamification and digital classrooms and increasing popularity of interactive whiteboard with artificial intelligence.

The global Interactive Whiteboard Market Size is fragmented with the presence of a large number of small and large industry competitors. Samsung Group, LG Electronics Inc., Panasonic Corporation, NEC Corporation, The Ricoh Company, Ltd., Google LLC, Cisco System, Inc., Microsoft Corporation are a few major players in the global interactive whiteboard market. On May 16, 2018, Microsoft Corporation unveiled a new product in their portfolio — Surface Hub 2 interactive whiteboard featuring a 4K+ 50.5” touchscreen display and supported tiling. Microsoft is offering this product especially for professionals to work creatively and collaboratively.

By technology, the infrared technology is expected to hold the largest share of the global interactive whiteboard market. This is owing to the increasing adoption of virtual learning courses and e-learning and the growing penetration of digital vision touch technology. This technology offers touch-sensitive displays which enables the freedom of learning activities. This technology is attached with digital cameras and software that control contact of a finger, stylus, and pointer on a display.

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Segmentation of Global Interactive Whiteboard Market

The global interactive whiteboard market is segmented by types, technology, screen size, end-user, and region. by type the market is segmented into interactive ceramic board, IR Boards, and EM Boards. Based on the technology, the market is segmented into infrared, resistive membrane, ultrasonic, electromagnetic, and laser scanner. Based on the screen size, the market is segmented into Up to 69”, 70” to 90” and Above 90”. Based on the end users, the market is segmented into education, corporate, government and others. The Education segment is further segmented into Pre-K-12 and higher education. The market is covered across regions including North America, Europe, Asia Pacific, and Rest of the World.

Key Players:

Some of the prominent players in the global interactive whiteboard market are Hon Hai Precision Industry Co., Ltd. (Taiwan), Hitachi, Ltd. (Japan), Samsung Group (South Korea), LG Electronics Inc. (South Korea), Panasonic Corporation (Japan), NEC Corporation (Japan), The Ricoh Company, Ltd. (Japan), Google LLC (U.S.), Cisco System, Inc. (U.S.), Smart Technologies Corporation (U.S.) and Microsoft Corporation (U.S.) among others.

Regional Analysis

The global interactive whiteboard market is studied for Asia Pacific, North America, Europe, and Rest of the World. North America is estimated to account for the largest share of the market and is also expected to grow with the fastest rate during the forecast period. The growth of the market in North America is attributed to the increasing demand for interactive whiteboard in the education sector. North America is followed by the European region, where the market of interactive whiteboard is gaining momentum due to increasing adoption of intelligent whiteboards in Pre-K-12 and higher education. Whereas, in Asia Pacific countries including China, Japan, and India among others, the market is also growing due to advancements in the electronics industry.

Industry News:

May 2018: Acer Inc., a Taiwan based multinational hardware and Electronics Company, introduced a new school program that supports schools to implement a new teaching and learning environments. The software solutions and apps are designed to support always-connected learning environments, including Acer Smart Touch that turns any flat surface into an interactive whiteboard and DADA that helps to deploy education Apps on Android tablets.

February 2017: IBM Corp. entered into partnership agreement with The Ricoh Company, Ltd. to introduced an interactive whiteboard that leverages the power of supercomputer and its artificial intelligence. This whiteboard translates verbal communications in real time into a multitude of languages.

January 2017: Cisco System, Inc. launched Spark Board, incorporated with interactive whiteboard capabilities, for whiteboard-based collaboration and Spark Meetings to offer a new way of understanding and developing the learning skill among people.

The Global Interactive Whiteboard market is expected to grow with a CAGR of approximately 5% during the forecast period 2017-2023.

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Intended Audience

  • Technology Investors
  • Research/Consultancy Firms
  • Consulting Service Providers
  • System integrators
  • Interactive Whiteboard Solution Providers
  • Cloud Service Providers
  • Technology Providers
  • Interactive Whiteboard Providers
  • Universities and research organizations
  • Investors and venture capitalists

TABLE OF CONTENTS

1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.3 List Of Assumptions

2.4 Market Structure

3 Market Insights

4 Research Methodology

4.1 Research Process

4.2 Primary Research

4.3 Secondary Research

4.4 Market Size Estimation

4.5 Forecast Model

5 Market Dynamics

5.1 Introduction

5.2 Drivers

5.2.1 Growing Demand For Gamification And Digital Classrooms

5.2.2 Increasing Popularity Of Interactive Whiteboard With Artificial Intelligence

5.2.3 Rise In Demand Of Cloud Based Interactive Whiteboard

5.3 Restraints

5.3.1 Lack Of Skilled Professionals

5.4 Opportunities

5.4.1 Integration Of Artificial Intelligence In Interactive Whiteboard

5.5 Supply Chain Analysis

5.6 Porter’s Five Forces Model

5.6.1 Threat Of New Entrants

5.6.2 Bargaining Power Of Suppliers

5.6.3 Bargaining Power Of Buyers

5.6.4 Threat Of Substitutes

5.6.5 Intensity Of Rivalry

Continued…

About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Nanoelectronics Market Competitive Landscape and Gross Margin Analysis till 2027

Overview:

The global market report on the nanoelectronics market declared that the market has the potential to scale substantial valuation during the forecast period of 2018 to 2023. Market Research Future (MRFR) claims that factors like the rising investment to support research projects, increasing participation from laboratories, the inclusion of it in consumer electronics, and others are expected to transform the outcome of the global market. Its application in building faster computers and back the advanced technologies involved in the healthcare sector are expected to set the market for better progress.

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Segmentation:

The global Nanoelectronics Industry has been studied and analyzed on the basis of segments that include type, application and end users. These segments are known to reveal notable data that can be used to form better strategies in the coming years.

By type, the report on the nanoelectronics market has been segmented into graphene, nanofibers, carbon nanotubes, nanowires, nanobuds, nanosilver, and others. In the manufacturing of several electronic goods, graphene is getting remarkable traction.

By applications, the report on the nanoelectronics market revealed discussions on data storage and processing, coating and films, electronic packaging, displays, and computers. The computer segment is bound to provide some traction as the demand for faster processing needs support from the technology.

By end-user industries, the report on the nanoelectronics market has been segmented into military and defense, electronics and semiconductors, automobile, healthcare, information technology, telecom, and aerospace. The electronics & semiconductor segment is slated to trigger substantial growth.

Regional Analysis:

North America is directing a substantial amount of funds into the sector. The US and Canada are organizing research projects to learn more from the segment and explore it in better ways to bolster the development of advanced technologies.

Competitive Landscape:

The global report studying the nanoelectronics market includes a proper discussion of companies with their latest changes to impact the market outcome. These companies are HP Development Company (U.S), Fujitsu Laboratories (Japan), Everspin Technologies (U.S), C3Nano (U.S), Intel Corporation (U.S), Eastman Kodak Company (U.S), IBM Corporation (U.S), Imec int (Belgium), Nanosys Incorporation (U.S), Eikos Incorporation (U.S), QD vision Incorporation (U.S), Multibeam Corporation (U.S), HZO (Herpes Zoster Opthalmicus) (U.S), Oxford Instruments (U.K), and others. MRFR records steps taken in the last few years to understand how well trends can impact the market.

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Narrowband IOT Chipset Market Growth, Sales Revenue, Competitive Landscape and Market Expansion Strategies 2027

Global Narrowband IoT (NB-IoT) Chipset Market: Synopsis

The detailed report published by Market Research Future (MRFR) projects that the global narrowband IoT chipset market is marked to exhibit remarkable expansion at a CAGR of 60% during the forecast period of 2017-2023. The global narrowband IoT chipset market is also anticipated to reach the market valuation of USD 265 Mn by the end of the forecast period. Rapid adoption of technologically advanced solutions, increasing demand for automation of services in multiple industrial sectors, rapid conversion of metropolitans into smart cities in the developed and developing countries, increased penetration and adoption of advanced technology in the developing countries, rise in awareness of the advantages of automation and increased government funding for automation of vital services in various industrial sectors are majorly propelling the growth of the global NB-IoT Chipset Market during the assessment period.

Key Players:

The key players profiled by Market Research Future (MRFR) that are operating in the global narrowband IoT (NB-IoT) chipset market are Intel Corporation (the U.S.), Huawei Technologies Co. Ltd., (China), Ericsson (Sweden), Nokia Corporation (Finland), Sierra Wireless (Canada), Deutsche Telekom AG (Germany), China United Network Communications Group Co., Ltd. (China), Quectel Wireless Solutions Co. Ltd. (China), Qualcomm Technologies Inc., (the U.S.), Vodafone Group plc (the U.K) and others. Other key innovators operating in the global narrowband IoT (NB-IoT) chipset market are u-blox (Switzerland), ZTE Corporation (China), SEQUANS Communications SA (France), Nordic Semiconductor (Norway), Emirates Telecommunication Group (UAE), China Telecommunications Corporation (China), Sigfox (France), STMicroelectronics (the U.S.), Gemalto (the Netherlands) and others.

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Global Narrowband IoT (NB-IoT) Chipset Market: Segmental Analysis

The global narrow IoT (NB-IoT) chipset market has been segmented on the basis of device, component, deployment, and end-user.

  • By component, the narrow IoT (NB-IoT) chipset market has been segmented into software, hardware, and services.
  • By applications, the narrow IoT (NB-IoT) chipset market has been segmented into smart appliance, alarms & detector, wearable, tracker, smart meter, and others. Of these, the wearable segment is likely to gain prominence. The soaring market for wearable devices across entertainment, healthcare, sports and fitness, and others is creating demand for highly secure and low-power cellular networks.
  • By deployment, the narrow IoT (NB-IoT) chipset market has been segmented into in-band, guard band, and standalone. Of these, guard band deployment is likely to acquire the major share as it offers several benefits such as reuse of antenna and RF modules of existing infrastructure, no additional spectrum cost, and no need for frequency planning.
  • By end users, the market is classified into energy and utility, healthcare, retail, agriculture, transportation and logistics, and others. Of these, the energy and utility segment is predicted to gain prominence. This technology can be implemented for overall plant automation, supply chain optimization, process optimization, integrated business processes, and increased safety, thereby fulfilling corporate social responsibility.

Global Narrowband IoT (NB-IoT) Chipset Market: Regional Analysis

Geographically, the narrowband IoT (NB-IoT) chipset market spans across Europe, North America, Asia Pacific, and Rest of the World (RoW).

Considering the global scenario, North America is anticipated to acquire the major share in the global market, mainly due to the early adoption of narrowband IoT coupled with the existence of industry bigshots. The mounting demand for long-range connectivity is further contributing to the market growth in the region.

The Asia Pacific is estimated to showcase high growth rate during the assessment period due to the deployment of narrowband IoT technology with cloud computing. The soaring development of smart cities, especially in the developing economies like China, India, and China are highly influencing the growth of narrowband IoT chipsets in the region. In this region, China is predicted to lead the NB-IoT chipset market due to the presence of leading mobile operators like China Unicom and China Mobile.

Europe is considered to be one of the prime contributors in the narrowband IoT chipset market. The growth is credited to the existence of major platters, coupled with the implementation of new technology across industry verticals. The soaring government funding in the region is further influencing the market growth.

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Intended Audience

  • Research Organizations
  • Chipset manufacturers
  • System integrators
  • Software developers
  • Testing
  • Government

About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

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+1 628 258 0071 (US)

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Email: sales@marketresearchfuture.com

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Next Generation Biometrics Market Segments, Regional Analysis and Competitive Analysis – Forecast to 2027

Market Analysis

The next generation biometrics market size is predicted to touch USD 32 billion at an 18% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Next generation biometric technology is an automated method that is used to verify and authenticate a person’s identity resting on physical or behavioral characteristics like iris, eye retina, hand measurements, facial patterns, vein and signature patterns, voice patterns, and fingerprints. 

Various factors are propelling the global Next Generation Biometrics Market Report. According to the recent MRFR report, such factors include an increase in terrorist activities, a rise in theft activities of crucial information and data, extensive usage in criminal identification, government support, and growth in the e-passport program. Additional factors fueling market growth include an increase in airport security initiatives, attempts to cut down crime rates, and different government initiatives like national IDs, border management, e-driving licenses, e-passports, and others using advanced biometrics. 

On the contrary, fear of privacy intrusion, high deployment costs, and the on-going COVID-19 impact may limit the global next generation biometrics market growth over the forecast period.  

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Market Segmentation  

The MRFR report highlights an inclusive segmental analysis of the global next generation biometrics market based on component, function, technology, vertical, and authentication. 

By component, the next generation biometrics market is bifurcated into services, solutions, and hardware. The hardware segment is again segmented into fingerprint readers, cameras, scanners, and others. The services segment is again segmented into support & maintenance services, and installation services. 

By function, the global next generation biometrics market is segmented into non-contact, contact, and others. 

By technology, the global next generation biometrics market is segmented into DNA, signature, voice, palm, iris, face, fingerprint, and others. Of these, the fingerprint segment will lead the market over the forecast period. 

By vertical, the global next generation biometrics market is segmented into travel and immigration, IT, consumer electronics, healthcare, government, military and defense, BFSI, and others. Of these, travel and immigration will dominate the market over the forecast period. 

By authentication, the global next generation biometrics market is segmented into multi-factor authentication and single factor authentication. The single factor authentication is again segmented into voice recognition, signature recognition, vein recognition, face recognition, palm print recognition, iris recognition, fingerprint recognition, and others. The others segment include gait recognition, keystroke recognition, and DNA recognition. The multi-factor authentication segment is again segmented into three-factor authentication, two-factor authentication, biometrics combined with pin technology, and smart card technology. Of these, the IRIS biometrics next generation authentication segment will have a major share in the market over the forecast period. 

Regional Analysis 

By region, the global next generation biometrics market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), & the Rest of the World (RoW). Among these, North America will have the lions share in the market over the forecast period. Effective prices of biometric devices, technological advances, and increasing adoption by the commercial sectors and the government for identification of individuals are adding to the global next generation biometrics market growth in the region. 

The global next generation biometrics market in Europe is predicted to have the second-largest share over the forecast period. Increasing government funds for e-passport programs coupled with growing regional awareness regarding data security is adding to the global next generation biometrics market growth in the region. 

The global next generation biometrics market in the APAC region is predicted to have notable growth over the forecast period. Dynamic growth of the internet of things, data centers, telecom, and web, growing need for security of data, and increasing use by enterprises to reduce operational risks, track loopholes in application code, and monitor application performance are adding to the global next generation biometrics market growth in the region. 

The global next generation biometrics market in the RoW is predicted to have sound growth over the forecast period. 

Key Players

Prominent players profiled in the global next generation biometrics technology market report include Siemens AG (Germany), RCG Holdings Limited (Hong Kong), Facebanx (U.K), Fingerprint Cards AB (Sweden), ValidSoft (U.K), Secunet Security Networks AG (Germany), Precise Biometrics AB (Sweden), Bio-Key International Inc. (U.S.), Thales Group (France), Fulcrum Biometrics LLC (U.S.), Cross Match Technologies Inc. (U.S.), Suprema Inc. (South Korea), Fujitsu Ltd. (Japan), 3M Cogent Inc. (U.S.), NEC Corporation (Japan), and Safran S.A. (France).

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Optoelectronics Market 2027 Size, Share, Market Trends, Business Revenue Forecast Statistics and Growth Prospective

Market Analysis 

The global optoelectronics market size is predicted to touch USD 75 billion at a 12% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Optoelectronics, simply put, is the study, design, & manufacture of various hardware devices that help in converting electrical signals to photon signals & vice versa. Photovoltaic cells, image sensors, optocouplers, infrared components, laser diodes, LED, and others are the different optoelectronics components. Visible light, X-rays, infrared, and ultraviolet are its different light source. It has wide applications in various end use industries such as defense, aerospace, consumer electronics, telecommunication, automotive, healthcare, and others.

Various factors are propelling the global optoelectronic devices market size. According to the recent MRFR report, such factors include various technological advances, burgeoning need for consumer electronic devices equipped with highly advanced features, growing demand for ultra-luxury and luxury cars, and rising awareness about vehicle safety. 

On the flip side, easy accessibility of affordable substitutes, high deployment cost, complex operational usage, impact of COVID-19 pandemic, and low customization rate are factors that may limit the global optoelectronics industry growth over the forecast period. 

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Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global optoelectronics market based on industry, light source, and component. 

By component, the global optoelectronics market is segmented into photovoltaic cells, image sensors, optocouplers, infrared components, laser diodes, LED, and others. Of these, the LED segment will lead the market over the forecast period. 

By light source, the global optoelectronics market is segmented into visible light, X-rays, infrared, and ultraviolet. 

By industry, the global optoelectronics market is segmented into defense, aerospace, consumer electronics, telecommunication, automotive, healthcare, and others. Of these, the automotive segment will dominate the market over the forecast period. 

Regional Analysis

Based on the region, the global optoelectronics market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW). Of these, the APAC region is predicted to lead the market over the forecast period. Increasing use in automotive optoelectronics, increasing use of applications like lighting and safety in cars, a higher concentration of industry players, and major contribution made by Japan is adding to the global optoelectronics market growth in the region. 

The global optoelectronics market in Europe is predicted to have the second-largest share over the forecast period. Demand for optocouplers in different industries such as automotive and healthcare, burgeoning demand for energy-efficient LEDs, the growing use of LCDs, and surging need for consumer electronics are adding to the global optoelectronics market growth in the region. The US holds the utmost share in the market. 

The global optoelectronics market in North America is predicted to have healthy growth over the forecast period. Burgeoning demand for passenger cars, coupled with the rising production of automobiles are adding to the global optoelectronics market growth in the region. 

The global optoelectronics market in the RoW is predicted to have sound growth over the forecast period. 

Key Players 

Key players profiled in the global optoelectronics market report include Fairchild Semiconductor International, Inc. (U.S.), Taiwan Semiconductors (Taiwan), Analog Devices (U.S.), NXP Semiconductors (the Netherlands), Texas Instruments (U.S.), OSI Optoelectronics (U.S.), Merck KGaA (Germany), Dialight Corp.(U.K), Avago Technologies, Ltd. (U.S.), Finisar Corporation (U.S.), Panasonic Corporation (Japan), Rohm Co., Ltd. (Japan), Toshiba Corporation (Japan), General Electric Company (U.S.), Koninklijke Philips N.V. (the Netherlands), Samsung Electronics Co., Ltd. (South Korea), Sharp Corporation (Japan), Sony Corporation (Japan), OmniVision Technologies, Inc. (U.S.), ON Semiconductor (U.S.), Vishay Intertechnology, Inc. (U.S.), Osram Licht AG (Germany), and Cree, Inc. (U.S.), among others. Industry players have incorporated several strategies to stay at the forefront, such as mergers, partnerships, new product launches, and more. 

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Process Analyzer Market Segmentation, Competitive Landscape and Market Poised for Rapid Growth by 2027

Market Highlights

Market Research Future (MRFR), reveals different factors that are governing the expansion of the process analyzer market 2020. The Process Analyzer global Market can thrive at 6% CAGR across the review period 2017-2023. The process analyser global market can value at USD 3 billion on the conclusion of the market.

The Process Analyzer Market Size is expected to thrive at across the forecast period due to surge in the process analyser application across industries, such as food & beverages, water & wastewater, and pharmaceuticals among others. In addition, the expansion of the rise in the demand for process analysers in other areas can impel the expansion of the market in the years to come. The high penetration of process analyzer in the oil and gas market can drive the expansion of the market in the years to come.

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Process Analyzer Market Segmentation

The segment evaluation of the process analyzer global market is done by industry, type, and service.

The service based segments are post-sales and pre-sales. The pre-sales sub-segments are technical support services and start-up & commissioning services. The post-sales sub-segments are preventive maintenance services, parts & spares services, and on-site training services. The post-sales service segment can draw in high income across the analysis period at the highest growth rate in the forecast period. This can be attributed to the rise in the demand for high quality and better control post-sales support by consumers. The increase in the adoption of pre-sales services can promote the rise of the process analyzer market across the study period.

The type based segments of the process analyzer market are pH/ORP conductivity analyzers, analyzers, turbidity analyzers, aluminum analyzers, near-infrared analyzers, chlorine analyzers, dissolved oxygen analyzers, MLSS analyzers, liquid density analyzers, TOC analyzers, fluoride analyzers, ammonia analyzers, and others. The increase in the adoption of TOC analyzer can impel the expansion of the process analyzer across the review period.

The industry based segments of the process analyser market are petrochemical, power generation, oil & gas, water & wastewater, food & beverages, pharmaceuticals, pulp & paper, semiconductor processing, and metal & mining among others. The pharmaceutical sector, followed by pulp and paper can impel the expansion of the process analyzer market in the years to come.

Market Research Analysis

The process analyser market trends are studied across North America, APAC, EU, and MEA. The increase in the adoption of process analyzer across the North America region as their industrial applications are observed to rise. The process analyzer market in the Asia Pacific region can increase at the highest pace across the review period. The rise of Asia Pacific process analyzer market at the fastest pace can be credited to the presence of robust technological base. The increase in the utility of process analyzers in different sectors can improve the momentum of the regional market. In EU, the U.K. process analyzer market can head the regional market in the years to come. As a high number of process analyzer developers dwell in the region, their initiative to introduce advanced solution can support the expansion of the process analyser market in the analysis period.

Key Players

Endress+Hauser AG (Switzerland), ABB Ltd. (Switzerland), GE Analytical Instruments (U.S.), Honeywell International, Inc. (U.S.), Hach Lange GmbH (Germany), Teledyne Technologies, Inc. (U.S.), Mettler-Toledo International Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), The Emerson Electric Company (U.S.), and Yokogawa Electric Corp. (Japan) among others are some prominent players in the process analyzer global market as profiled by MRFR.

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com