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Contactless payments are one of the emerging forms of digital payment technologies that allow consumers to pay for goods and services by using credit or debit cards. The primary technology used in contactless payment is RFRID i.e. radiofrequency identification also known as chip cards. Consumers do not have to swipe the card or enter personal identification number i.e. PIN, in order to commence the transaction. These types of payment systems often installed at point-of-sale terminals with a Wi-Fi-like logo though turned onto its side. The credit card industry is facing a transition period as it adjusts to new technology. As more people are using their debit cards and using contactless payments on the internet, credit card issuers are facing tough questions from consumers about their business practices. Some merchants will not accept contactless payments or charge high transaction fees for consumers who use such cards at their business locations. Others will charge consumers additional processing fees for accepting credit cards over their magnetic stripe cards. Market Drivers Growing penetration of smartphones in South America and Asia Pacific is expected to drive growth of the contactless payments market during the forecast period. According to the Indian Cellular and Electronics Association, India's smartphone base is expected to reach 820 million by 2022. According to the same source, rural part of India witnessed around 35% year-on-year growth in smartphone penetration, while 7% growth in urban parts. Such high penetration of smartphones has led to increase in contactless payments. Hence, such factors are expected to drive growth of the contactless payments market during the forecast period. Moreover, increasing demand for biometric contactless smart cards in developed countries is expected to propel the contactless payments market growth over the forecast period. Market Restraint High cost of development and lack of consumer awareness is expected to hinder t

Inspection robotics is used to inspect and document equipment such as refrigeration trucks, conveyor belts, compressors, ovens, pumps, outboards, boat engines, parts, ships, and airplanes. Launch of fully autonomous 3D mobile scanning integration technologies is expected to propel growth of the global inspection robotics market. For instance, in August 2020, FARO Technologies, Inc. launched FARO Trek, a fully autonomous 3D mobile scanning integration built in collaboration with the Massachusetts-based robotics firm Boston Dynamics. Launch of software for portable and fixed measuring devices is expected to offer lucrative growth opportunities for players in the global inspection robotics market. For instance, in September 2018, Verisurf Software, a measurement solutions company, presented its latest metrology software, Verisurf 2019, a measurement software for automated quality inspection and reporting, scanning and reverse engineering, tool building and assembly guidance, at IMTS show in Chicago, U.S. Moreover, increasing funding in inspection robotics is also expected to aid in growth of the market. For instance, in 2019, Gecko Robotics, an industrial robotics startup, raised US$ 40 million in a series B round of funding. Similarly, in 2019, Invert Robotics, a spinout from the University of Canterbury's School of Engineering, New Zealand, raised US$ 8.8 million. Among regions, North America is expected to witness significant growth in the inspection robotics market, owing to increasing adoption of inspection robots in the military and defense sector. For instance, in 2019, Sarcos Robotics partnered with Puget Sound Naval Shipyard & Intermediate Maintenance Facility, U.S., to evaluate and deploy robotic technologies, including full-body, powered exoskeletons and man-portable inspection robots, for use in naval shipyards. Read more @ https://sachinbhombe.blogspot.com/2021/03/launch-of-fully-autonomous-3d-mobile.html

Get a sample PDF Brochure of Vehicle electrification Study @http://bit.ly/2A9foUt Vehicle Electrification is a movement of products, material, and services from one area to another both with high efficiency and at minimum cost. Global Vehicle Electrification market is expected to witness lucrative growth rate during the vehicle electrification market forecast period. This is mainly due to its advantages such as decrease freight costs, improve transportation information visibility, improve on-time delivery performance, and automated routing and rating. The vehicle electrification market is projected to grow at a CAGR rate of 8.17% during the forecast period. Decreasing permissible limits in emission regulations & raised fuel economy bars is expected to boost the vehicle electrification market. In addition, increasing demand for reliable electric systems in vehicles will also fuel the vehicle electrification market growth. Furthermore, the need of lightly weighted automobiles to improve fuel efficiency and reduced carbon emission will boost the vehicle electrification market. However, complex and expensive technology of electric vehicle is anticipated to hamper the market growth of vehicle electrification market. In addition, higher cost of electric systems will also hinder the vehicle electrification market during forecast period.

Fiber Optic Test Equipment (FOTE) Market is expected to grow significantly over the forecast period from 2016 to 2024; emergence of newer technologies and next generation networks is also expected to impact the growth of the Fiber Optic Test Equipments (FOTE) maket positively

Collaborative robot market is valued at US$10.3 bn in 2015 and is expected to be worth US$95.0 bn by the end of 2024,During the forecast period of 2016 and 2024, the global collaborative robot market is expected to expand at a CAGR of 30.0%.

Chatbot Market is expected to expand at an incredibly high CAGR of 27.8% from 2016 to 2024; by the end of 2024, the global chatbot market is expected to reach US$994.5 mn

Just a month after unveiling the new set of iPhones, Apple is set to hold another hardware event on October 30. At the Brooklyn Academy of Music in New York City, the Cupertino giant is expected to refresh some of its products. From MacBook Air to iPad Pro, here's what the company could unveil.

As the latest addition to its portfolio of mid-range phones, Vivo is expected to launch the Y93 in India soon. Notably, the phone has been officially listed on Vivo India website. It is expected to feature an HD+ notched display, dual rear-camera, mid-level internals, and a 4,030mAh battery.

The conveyor monitoring market is expected to reach USD 254 million by 2024 from USD 215 million in 2019; it is expected to record a CAGR of 3.5%.

The global yacht market size was valued at USD 8.15 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 5.2% from 2021 to 2028.

WhatsApp is working on its new features that could be very useful for users. Here are some best WhatsApp new features to be expected in 2020.

Photonic integrated circuits (PIC) are circuits that carry information by using photons in the visible or near-infrared spectrum of light. It controls computer systems and store large amounts of information. The most common applications of PIC include information processing, data storage, communication, and entertainment applications. Photonic integrated circuits (PIC) have ability to process information and are produced from different materials such as Gallium Arsenide (GaAS), silicon, Indium Phosphide (InP), and Lithium Niobate (LiNbO3) Growing miniaturization of devices is a prime factor fueling the market growth of the photonic IC. These circuits offer high-speed data transmission due to which they are gaining huge demand from aerospace, industrial, and telecommunication, utilities, and energy sectors which is again propelling the market growth. Also, the growing demand for efficient and high-speed data transmission across data centers is further escalating the market growth of the photonic IC. The growing need for photonic IC from the telecommunication industry along with the rise in the number of cloud services providers is expected to bring bright market opportunities over the forecast period. From the geographical perspective, the Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to the high presence of the telecommunication industry in the region. India is the world's second-largest telecommunications market with a subscriber base of 1.16 billion and has registered strong growth in the last decade. India witnesses an increase in total internet users to reach 636.73 million in 2019. The internet subscribers reached 687.62 million by September 2019. Key developments: 1. In June 2020, KVH Industries, Inc., announced the launch of P-1775 inertial measurement unit (IMU) featuring KVH's new PIC InsideTM photonic integrated chip (PIC) technology. The product features an integrated planar optical chip that s

A blockchain or also referred to as distributed ledger technology (DLT) is a growing list of records called blocks that are linked cryptography. It is used to make the process of trading a lot more convenient. A trader can buy or sell using his own funds instead of having to wait for the funds to reach their hands. With the use of the Internet, you'll be able to trade in minutes without having to leave your home. You'll also be able to see what the prices of the currencies have done so far and what the future might hold. Launch of cryptocurrencies is expected to propel growth of the global blockchain technology market. For instance, in June 2019, Facebook launched its cryptocurrency, Libra, which will let you buy things or send money to people with nearly zero fees. Increasing integration of blockchain in various systems is expected to offer lucrative growth opportunities for players in the global blockchain technology market. For instance, in November 2020, The XDB Foundation announced the addition of Stably Corporation, a Seattle-based fintech firm hyper focused on stablecoin development, to the DigitalBits ecosystem. Read More @ https://coherentmarketinsights-blog.blogspot.com/2020/11/launch-of-cryptocurrencies-to-augment.html

A smart camera is used for a connected camera that allows users to perform some additional tasks, apart from capturing an image, such as real-time video analysis, information sharing, and information extracting. A smart camera is a vision system with built-in relays, pneumatic valves, or actuators. A smart camera is a digital camera with more network and connectivity specifications. Smart cameras have many field applications such as rotation of parts, detection of position, web inspection, unattended surveillance, code reading and verification, part sorting and identification, biometric recognition, robot guidance, non-contact measurements, etc. Smart cameras include various components such as display, processor, memory, lenses, image sensors, communication interface, etc. They can be integrated with smartphone applications and personal computers. Moreover, a smart camera can share pictures and videos directly on various social media platforms and photo-sharing portals. The diverse applications of smart cameras for security and surveillance and increasing demand for smart cameras with additional features are major factors fueling the global smart camera market. Governmental norms to set up security and surveillance systems in public spaces are also driving the market growth. For instance, according to IHS Markit, one billion surveillance cameras are expected to be installed around the world by 2021. However, factors such as the high cost of smart cameras, lack of standardization for the installation of smart cameras, and smartphones with better camera quality are expected to hamper the smart camera market growth. Read more @ https://coherentmarketinsights-cmi.blogspot.com/2020/11/diverse-applications-of-smart-cameras.html

Vertical (Healthcare, Enterprise, Consumer Electronics, Automotive & Transportation, Finance, Education, Retail) Geography(Americas, Europe, Asia Pacific) * Download Informational PDF Brochure :- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=2434298 The Text-to-Speech Market was valued at USD 1.30 Billion in 2016 and is expected to reach USD 3.03 Billion by 2022, growing at a CAGR of 15.21% between 2017 and 2022. The base year considered for the study is 2016, and the market size forecast is given for the period between 2017 and 2022. According to MarketsandMarkets, the global text-to-speech market was valued at USD 1.30 Billion in 2016 and is expected to reach USD 3.03 Billion by 2022, growing at a CAGR of 15.21% between 2017 and 2022. The rising demand for handheld devices and increase in government spending for the education of differently abled persons drive the demand for the text-to-speech technology. #Text-to-Speech #MarketStudy

SCADA Market by Component (Programmable Logic Controller, Remote Terminal Unit, Human-Machine Interface, Communication Systems), SCADA Architecture (Hardware, Software, Services), SCADA Industry, and Geography - Global Forecast to 2024 SPEAK WITH EXPERTS : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=19487518 The SCADA market is expected to grow from USD 11.0 billion in 2019 to USD 15.2 billion by 2024; it is expected to grow at a CAGR of 6.7% during 2019-2024. The growth of SCADA market is propelled by factors such as high demand for industrial mobility solutions to efficiently manage process industries, increased adoption of Industry 4.0 in process industries, and increased use of software platforms such as IoT and edge computing. Key Market Players Key players offering SCADA solutions include Schneider Electric (France), ABB (Switzerland), Siemens (Germany), Emerson Electric (US), Rockwell Automation (US), while other major players in this market include General Electric (US), Honeywell International (US), Yokogawa Electric (Japan), and OMRON (Japan). These players operate globally and provide solutions and components related to SCADA.

3D Printing, also known as additive manufacturing or computer-aided design, is the creation of an object by using a CAD (computer-aided design) model or a virtual three-dimensional model on a computer screen. The object is then printed in solid or semi-solid materials from the computer's digital design. This process is similar to how a 3-D printer makes a photo-realistic image, except with an additive printer, it uses the same principles that produce digital images but with less human interference. 3D printing is still in the nascent stage in various sectors. Market Insights Development and launch of novel software for 3D printing is expected to propel growth of the global 3D printing market over the forecast period. For instance, in July 2020, SprintRay released a new software feature dubbed 'Pixel Toning' to its digital dentistry ecosystem. Moreover, R&D in 3D bio-printed implants is also expected to aid in growth of the global 3D printing market over the forecast period. Read More @ https://coherentmarketinsights-blog.blogspot.com/2020/11/nexa3d-launches-xcure-new-post.html

Wearable computing pioneer Dr. Thad Starner speaks with Gartner about why he got involved with the concept, what has changed during the 15 years he has been wearing a computer and what he expects for the future.

Days after introducing the Realme 2, Realme is expected to launch the Pro variant of the phone in India soon. The company has sent out media invites for an event scheduled for September 26-27. And while there is no confirmation, the official invite cryptically suggests the launch of Realme 2 Pro.

Oil prices continued their upward trend for the fourth consecutive day on Tuesday on expectations that the US Federal Reserve will cut interest rates for the first time in more than ten years to support the growth in demand for fuel in the country.