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Showing posts from April, 2021

Coronavirus Business Impact WiGig Market : Industry Trends and Developments

The world is witnessing a significant rise in the adoption of various wireless communication standards to deal with network congestion. Heavy network congestion in the existing Wi-Fi dual bands of 2.4 GHz and 5 GHz is caused due to the surge in number of active internet users. WiGig market players are investing huge amounts to develop new standards of wireless communications, such as 60 GHz 802.11ad, to fight the growing congestion. Also, the band of 60 GHz offers faster data transmission speed up to 7 Gbps and is an unlicensed band. Moreover, popularizing culture of bring your own device (BYOD) has resulted in widescale adoption of WiGig solutions. Business organizations are encouraging their employees to carry their own tablets or laptops, as this helps in extensive cost savings for employers and offers convenience to employees who find comfort in working on their systems. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/wigig-market/report-sampl...

The Impact of the Coronavirus on the India Structured Cabling Market Solid Analyzed Segmentation, Recent Share Estimation and Growth Prospects by Regions

India is expected to witness a considerable rise in number of data centers in the coming years, owing to the rapid digitization and declining price of internet connections in the country. The lowering cost of internet will further support domestic companies that host mission-critical applications like customer relationship management (CRM) and enterprise resource planning (ERP). These companies usually rely on third-party data centers. Thus, the increasing number of data centers will accelerate the Indian structured cabling market at 7.4% CAGR during 2020–2030, to reach $812.1 million by 2030 from $430.4 million in 2019. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/india-structured-cabling-market/report-sample Owing to the soaring demand for higher data transfer rates and greater bandwidth, India is observing a migration from conventional cables to Cat6 cables. These are high-performance cables that meet the aforementioned needs by offering...

Government Initiatives Augmenting Global Demand for Smart Meters

The increasing implementation of favorable government policies in several countries is fueling the installation of smart meters. As part of their clean energy initiatives, the governments of many countries have enacted legislations that make the installation of smart meters mandatory. For example, in February 2020, EESL, which is state-owned company based in India, announced that it has completed the installation of one million smart meters across the country, under the Indian Government’s Smart Meter National Programme.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/smart-meters-market/report-sample Furthermore, the company aims to install 250 million smart meters in the country over the next few years. Similarly, state-owned Saudi Electricity Company (SEC), in collaboration with the Alfanar Group, signed contracts worth $2.53 billion for a comprehensive project aimed at installing 10 million smart meters in Saudi Arabia before March 2021. M...

How Are Electronic Transactions Propelling Fraud Detection and Prevention System Usage?

To combat the various types of threats effectively, market players like TransUnion LLC and SAS Institute Inc. are offering a hybrid analytical approach. This approach integrates various aspects of fraud detection into one technological solution. Such integrated applications swiftly connect each and every aspect of the fraudulent activity and analyze each strand individually as a potentially greater threat. Thus, These solutions provide a holistic view of fraudulent behavior and support prepayment detection and prevention. Geographically, the North American fraud detection and prevention market generated the highest revenue in 2018. This was due to the wide-scale adoption of cloud-based technologies in small and large businesses, which has resulted in a significant number of fraudulent activities. Moreover, the extensive research and development (R&D) being undertaken for integrating the internet of things (IoT) technology in fraud detection and prevention systems will steer the ma...

How Are Governments Boosting LED Integration in Ambient Lightning Systems?

The type segment of the ambient lighting market is categorized into suspended lights, surface-mounted lights, recessed lights, strip lights, and track lights. In 2019, the recessed lights category accounted for the largest market share, on account of increasing installation of such lights in a wide range of settings. Both the commercial and residential settings use recessed lights to enhance the quality of lighting and offer improved look and feel to the given spaces. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/ambient-lighting-market-report/report-sample Hardware of these different types of ambient lighting systems include lamps and luminaries such as incandescent, halogens, fluorescents, and LEDs; and lighting controls like relay units, sensors, and switches and dimmers. In the coming years, the adoption of LED lamps and luminaries will escalate, due to the longer life and higher efficiency of LEDs than other types of lighting systems. Accord...

Modular Designs Attracting Youth Toward E-Cigarettes

The vape industry offers a large variety of e-cigarette flavors to lure customers and e-cigarette manufacturers. Flavor and fragrance vendors are introducing flavors like cola, methanol, mint, chocolate, bubble gum, and fusion of fruits to encourage a significant number of smokers to shift toward vaping products. People in Europe and North America, predominantly in the U.K., France, Russia, Canada, and the U.S., are increasingly shifting toward flavored e-cigarettes.   Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/e-cigarette-market/report-sample With the rising adoption of flavored e-cigarettes in several parts of the world, a large number of flavors are being launched by the vendors. Inclination toward e-cigarettes can be ascribed to the rising awareness about environmental and human health. Governments across the world are working toward building a greener and sustainable environment. As a part of this objective, several countries have put...

Why Are Modular Robots Important Part of Industry 4.0 Standards?

From $9.32 trillion in 2009, the manufacturing output, value-added, rose sharply to $13.672 trillion in 2019, as per the World Bank. This reflects both the burgeoning demand for every type of product, on account of the booming population, and the continuous advancements the manufacturing industry is undergoing to meet it. One of the best ways to boost productivity is automation, as it speeds up the process and makes it almost non-stop. Thus, with the Industrial 4.0 revolution sweeping across the world, P&S Intelligence expects the market of modular robotics revenue to grow from $5.6 billion in 2019 to $15.1 billion by 2030, at a 9.9% CAGR between 2020 and 2030. Most large factories have robots to handle repetitive and critical processes, which also helps reduce companies’ operational expenditure. Robots are precise, can work throughout the day, and do not require salaries and fixed off days. However, since a factory may need an array of robots for different tasks, industrial automa...

Low-Code Development Platform Market Analysis by Industry Segments, Share, Application, Development, Growing Demand, and Top Key Players

The global market of low-code development platform attained a valuation of $10.3 billion in 2019 and it is predicted to generate a revenue of $187.0 billion by 2030. Furthermore, as per the estimates of P&S Intelligence, a market research company based in India, the market will demonstrate a CAGR of 31.1% between 2020 and 2030. The burgeoning requirement for business digitization and lesser reliance on IT professionals and the increasing implementation of strict government policies are the major low-code development platform market growth drivers . With the increasing internet penetration and the rising rate of digital transformation, organizations operating in the manufacturing; banking, financial services, and insurance (BFSI); oil & gas; and automotive industries are rapidly adopting digital technologies for gaining a competitive edge in the industry.  This is fueling the demand for low-code development platforms as these platforms play a crucial role in the entire ...

Sales of Compressors Set to Explode in India in Coming Years

The value of the APAC compressor market will grow from $19.9 billion in 2019 to $25.7 billion by 2030. Furthermore, the market will advance at a CAGR of 3.2% between 2020 and 2030. When application is taken into consideration, the market is divided into automotive, construction, power, industrial manufacturing, chemical and cement, heating, ventilation, air conditioning, and refrigeration (HVAC-R), oil and gas, food and beverage, and textile. Out of these categories, the automotive category recorded the highest growth in the APAC compressor industry in the past, as per the observations of the market research company, P&S Intelligence. This was primarily because of the extensive manufacturing of motor vehicles, especially electric vehicles, for catering to the mushrooming requirement for automobiles in the region.  According to reports, 37.5 million vehicles were manufactured in the APAC region in 2014 and this number rose to more than 45 million in 2019. The APAC compressor ma...

Horticulture Lighting Market To Register 18.1% CAGR during 2020–2030

Factors such as the increasing government support for energy-efficient lights, decriminalizing of marijuana for medical purposes in several countries, and soaring demand for agricultural products will fuel the horticulture lighting market at a CAGR of 18.1% during 2020–2030 (forecast period). The market stood at $3.2 billion in 2019, and it is expected to reach $20.3 billion by 2030. Moreover, the booming world population and increasing popularity of vertical farming will facilitate the market growth in the foreseeable future. The rising adoption of vertical farming will fuel the horticulture lighting industry growth in the coming years. The reduction of arable land is pushing farmers to make the optimum use of whatever space they get, to meet the growing needs of the booming population. Get Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/horticulture-lighting-market/report-sample    Vertical farming encompasses the cultivation of crops ind...

Surging Smartphone Penetration Propelling Demand for Mobile Virtual Network Operator

The rapidly rising popularity of triple-play services, especially in the developing nations, is one of the major factors fueling the demand for mobile virtual network operators (MVNOs) across the world. Triple-play services are basically bundled packs provided by several service providers that consist of broadband internet access, latency-sensitive telephone, and television services. This technology has already been hugely successful in the North American countries such as the U.S., where telecom operators are providing triple-play services to users. These services allow telecom operators to provide better value and help them expand their customer pool. Moreover, with the increasing penetration of the internet in several countries, the popularity of triple-play services will surge sharply in the coming years. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/mobile-virtual-network-operator-market/report-sample Some of the leading software companies ...