Group items tagged

Rapid urbanization and industrialization are key factors uplifting the overall growth of the global cordless power tools market. The growing trend of "Do it Yourself" (DIY) projects, which is creating demand for amateurs and enthusiasts to upgrade or rebuild material possessions such as household appliances is again expanding the growth of the cordless power tools market size. The rise in the end-user segments such as the Automobile, aerospace, construction, electronics, shipbuilding industries is also anticipated to foster market growth. Drilling & fastening devices, sawing & cutting, and demolition machines segments are gaining tremendous demand from a wide range of applications. The increasing global electric vehicle market has further resulted in the high demand for cordless power tools such as fastening and other material removal devices. North America is estimated to exhibit tremendous growth in the near future and this attributed to the rapid growth in the end-user segments such as automobiles, electronics, construction, and aerospace in the region. Also, expanding the oil &gas industry in the region due to the high demand for crude oil and increasing investment has further augmented the cordless power tools market growth. According to the International Energy Agency, crude oil production in the United States increased by 10.9% compared to 2018. As such, the United States remained the world's top producer, followed by the Russian Federation, Saudi Arabia, Canada, and Iraq Cordless power tools that are available today come with a variety of different options and functions, allowing users to customize them to meet their exact needs. Drilling & fastening devices, Material Removal Tools, Routing Tools, demolition machines, and sawing & cutting are some of the cordless power tools. They are widely used across end-user industries such as automobile, construction, aerospace, electronics, and shipbuilding industries. Read more @ https://coherentmarketinsight

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

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

Intelligent transportation solution provides real-time traffic statistics that helps in solving problems associated with traffic congestion. The system fetches information from sensors that analyze vehicle speed, pre-emption alarms, traffic signals, and other traffic-related data. Road safety and surveillance, traffic management, public transport, environment protection, freight management, automotive telematics, and parking management are some of the application areas of intelligent transportation solutions. Growing concern regarding the public safety and increasing traffic congestion is driving the market growth of the intelligent transportation system. The growing need for effective traffic management in order to reduce the traffic is again fueling market growth. Moreover, the increasing adoption of the intelligent transportation system for real-time traffic information as it helps in resolving growing traffic congestion is also propelling the market growth of the intelligent transportation system. The growing focus of manufacturers to create awareness regarding traffic management will further favor market growth in the near future. For instance, in July 2020, Huawei conducted an online summit of the Intelligent Traffic Management Solution with the theme of "Transform the Way We Move" to address challenges on traffic law enforcement, traffic violation inspection, and traffic control with advanced technologies including big data, AI, cloud, 5G, and more. From the geographical point of view, North America is expected to gain significant growth over the forecast period and this is attributed to the strong presence of IT & software companies coupled with the rapid adoption of intelligent transportation systems across the region. According to the International Trade Administration, the United States has the most advanced software and information technology (IT) services industry in the world. More than 40 percent of the $5 trillion global IT market is in North Ame

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

Containers-as-a-service (CaaS) is a cloud-based service allows users to organize, upload, start, stop, scale, and manage containers, applications, and clusters. CaaS stores content in a nebulous form, and then pulls it out and loads it wherever or whenever it is needed. It is an emerging technology in which vendors provide users with a complete framework for managing and developing containers and applications. Containers-as-a-service is designed primarily for IT developers to run and manage applications. The key factor fueling growth of the container-as-a-service market is the increasing utilization and increasing popularity of micro services. The market is experiencing significant growth due to the increasing demand for the technology. Moreover, the benefits provided by the service, such as optimum utilization of resources, automated testing, and faster deployment of applications, is another factor contributing to the growth of the container-as-a-service market. CaaS offers various capabilities, such as smooth scalability, resource optimization, platform independency, and operational simplicity. Thus, the adoption of container-a-service has increased in various industries. The above-mentioned factors are driving the container-as-a-service market growth. Read more @ https://coherentmarketinsights-blog.blogspot.com/2021/03/the-container-as-service-market-is.html

Do you have huge business goals? These are possible to be achieved only when your organization is futuristic. For upscaling and obtaining the desired revenue growth, you need to automate most of the manual processes. Your team will then have more time to plan and implement growth-oriented actions. An agile ERP system is like an information management software that can efficiently handle the day-to-day operations of your business like supply chain operations, project management, accounting, risk management, and even procurement. The software is based on an innovative technology that assists in the digitization of daily processes. It has the ability to provide all the crucial information related to your business that can aid in decision making. The market has been very dynamic for the past few years and the growth of the e-commerce sector has been unstoppable. Businesses are inclining more towards intelligent integration so that all their tasks are done smoothly. ERP software is one of the best investment decisions you will make for your company's future. ERP implementation is the future of business technology. Expand ERP has one of the friendliest user interfaces and the services are seamless. Just imagine the amount of time, effort, and money you would be saving by automating all your business back-end functions. All your inventory allocation and marketplace updates will be managed conveniently on a single screen. The software will also manage all your payment returns and reconciliation. The workflow between the different locations of your business will be easily managed through the easy e-way bill generation and upload feature. Even all your accounting records and GST reports will be updated in no time. With cloud PoS, integration of barcode/QR code scanning features enables sales to counter to the billing process. The central warehouse management feature also suggests location on a FIFO basis for the processing of orders. Whether you are in the oil and gas ind

Packaging Design and Simulation Technology Systems market offers an overview of the existing market trends, metrics, drivers, and restrictions and also offers a point of view for important segments. The report also tracks product and services demand growth forecasts for the market. There is also to the study approach a detailed segmental review. A regional study of the global Packaging Design and Simulation Technology Systems industry is also carried out in North America, Latin America, Asia-Pacific, Europe, and the Near East & Africa. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.

Insurance Aggregator Systems market offers an overview of the existing market trends, metrics, drivers, and restrictions and also offers a point of view for important segments. The report also tracks product and services demand growth forecasts for the market. There is also to the study approach a detailed segmental review. A regional study of the global Insurance Aggregator Systems industry is also carried out in North America, Latin America, Asia-Pacific, Europe, and the Near East & Africa. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.

Deep Learning Software Market Report study of the Deep Learning Software Systems market offers an overview of the existing market trends, metrics, drivers, and restrictions and also offers a point of view for important segments. The report also tracks product and services demand growth forecasts for the market. There is also to the study approach a detailed segmental review. A regional study of the global Deep Learning Software Systems industry is also carried out in North America, Latin America, Asia-Pacific, Europe, and the Near East & Africa. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.

global Process Safety System in the Oil and Gas Systems market offers an overview of the existing market trends, metrics, drivers, and restrictions and also offers a point of view for important segments. The report also tracks product and services demand growth forecasts for the market. There is also to the study approach a detailed segmental review. A regional study of the global Process Safety System in the Oil and Gas Systems industry is also carried out in North America, Latin America, Asia-Pacific, Europe, and the Near East & Africa. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.

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.

Identity and access management are the core concerns of all major corporations and organizations. These are the processes by which an organization protects its confidential information, such as the passwords of its financial transactions, the identities of its employees, and the information about its business operations. Identity and access control are not new concepts. However, recent advances in technology have made these concepts more complicated, costly, and prone to mistakes. Therefore, any company that relies on information systems must employ a strong identity and access management program to ensure that its information systems function effectively. The rising need to reduce identity theft coupled with the increasing spending by government on the security solution is fostering the growth of the identity and access management market. Increasing risk management solutions, web-based applications, and audit management solution is again driving the growth of the market. Growing penetration of the Internet of Things (IoT), Bring Your Own Devices (BYOD), mobility, and remote workforce has also boosted the growth of the identity and access management market. According to the report published by Forbes, companies favoring Bring Your Own Devices (BYOD) make an annual saving of $350 per year, per employee. Read more @ https://sachinbhombe.blogspot.com/2021/03/growing-trend-of-bring-your-own-devices.html

Digital Education Publishing Market study provides a decisive view on the digital education publishing by segmenting the market based on type, application, and region. All the segments of the digital education publishing market have been analyzed based on present and future trends. The data for the market and its segments are forecast for 2020 to 2026. The report has identified the segments contributing most to the overall market growth in terms of revenue along with the factors boosting their growth.

Intelligent Software Assistant Market report also provides an in-depth analysis of different drivers, restraints and opportunities in the intelligent software assistant Market. Key drivers are discussed in the report, along with its impact on the growth of this industry during the historic period as well as throughout the forecast years. The report will also help all the prospective readers to identify major restraining factors for the industry participants. As well, major growth opportunities prevailing in the industry will help understand the rapidly changing dynamics of industry and plan for the future strategies accordingly.

Animation design software is the first step you take to becoming an aspiring animation artist. These software programs primarily focus on digital art, concept arts and texture creation. Their strength isn't 2D animation, though, those tools are certainly important in your animation toolbox to create high quality work. They also allow you to bring your concepts and ideas to life through a realistic approach. The U.S. is expected to witness significant growth in the animation design software market as the software is easy to use and has polished designs. It offers many tools that can make the process of creating animation films a breeze. Animation can help you with the following trends: Storyboard System. With the help of this software, you will be able to easily set up and animate your storyboards and achieve outstanding results. Animation assistants are a great asset for any budding animator. If you need a hand to help you complete a project, then this is a great option. Animation assistants are in high demand and can be difficult to find in the animation design software market. The high-end versions of this software are quite costly, so it's best to take advantage of the low-end versions for this market. Animation is all about catching the attention of audiences everywhere and if animation design software market trends are anything to go by, the world loves animation more than ever. Read more @ https://coherentmarketinsights-blog.blogspot.com/2021/08/us-to-witness-significant-growth-in.html

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

Managed Services Market report also provides an in-depth analysis of different drivers, restraints, and opportunities in the managed services Market. Key drivers are discussed in the report, along with its impact on the growth of this industry during the historic period as well as throughout the forecast years. The report will also help all the prospective readers to identify major restraining factors for the industry participants. As well, major growth opportunities prevailing in the industry will help understand the rapidly changing dynamics of industry and plan for the future strategies accordingly.

global Adventure Tourism Systems market offers an overview of the existing market trends, metrics, drivers, and restrictions and also offers a point of view for important segments. The report also tracks product and services demand growth forecasts for the market. There is also to the study approach a detailed segmental review. A regional study of the global Adventure Tourism Systems industry is also carried out in North America, Latin America, Asia-Pacific, Europe, and the Near East & Africa. The report mentions growth parameters in the regional markets along with major players dominating the regional growth. Check this URL: https://www.openpr.com/news/2139346/massive-growth-in-global-adventure-tourism-market-set-to-witness