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According to a recent market report published by Trends market research (TMR) titled, “Lighting controllers Marketby 2028†the global lighting controllers market was valued at US$ XXMn in 2016, and is expected to register a CAGR of XX% from 2018 to 2028. The development of smart lighting infrastructure and government spending on smart city projects are the major factors driving growth of the global lighting controllers market.
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Lighting controllers are the devices which assists in controlling lights via sensor, and dimmers. It is an intelligent network based lighting control solution that integrates communication between various system inputs and outputs related to lighting control with the use of central computing device. These controllers are now widely used in commercial, industrial, and residential applications to provide the right amount of light where and when it is needed.
Global lighting controllers market is categorized on the basis of by technology, by application, and by region. On the basis of technology, the market is segmented as sensor, dimmer, day-light harvesting, and time scheduling. Time scheduling sub segment is anticipated to register a CAGR of XX% during the forecast period. The sensor sub segment is accounted for the largest market share of XX% in 2018. Moreover, the increasing demand for lighting controllers in the retail outlets and escalating demand for better lighting infrastructure are some of the major factors which are fueling the growth of lighting controllers market.
By application, the market is segmented as commercial, industrial, and residential. The residential sub-segment accounted for relatively higher CAGR of XX% during the forecast period. The commercial sub-segment accounted for the largest market share of XX% in 2018. The increasing usage of smart lighting solutions for residential, and industrial applications is one of the major factor driving the growth of the lighting controllers.
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This report also covers drivers, restraints and trends driving each segment and offers analysis and insights regarding the potential of lighting controllers market in regions including North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Among these regions, Asia Pacific accounted for the largest market share in 2016 owing to government spending on smart cities projects and increasing inclination towards the adoption of smart technology products. Asia Pacific region is also expected to register a healthy CAGR of XX % during the forecast period. Europe and North America also offers potential growth opportunities for lighting controllers market due to the increasing focus of various countries in the region on energy efficient building infrastructure, and a surge in green building projects in the region.
Some of the top companies identified across the Lighting controllers market are: Hubbell, Philips Lighting Holding B.V., Acuity Brands, Inc., Eaton Corporation, Cree, Inc., General Electric, OSRAM GmBH, Honeywell International, Inc., Schneider Electric, and Lutron Electronics Co., Inc.â€
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According to a recent market report published by Trends market research titled, “CCTV Camera Marketby 2028†the global CCTV Cameramarket was valued at US$ XX.0Mn in 2018, and is expected to register a CAGR of XX% from 2018 to 2028. Demand for CCTV Camera is expected to be driven by increasing security concerns and government regulations.
CCTV Closed-Circuit Television (CCTV) is the use of video cameras to transmit signal to a specific place on a designated device. It may employ point to point (P2P), point to multipoint or mesh wireless links. Applicable for surveillance in areas that may need monitoring such as banks, casinos, airports, military installations and convenience stores. CCTV systems may operate continuously or only as required to monitor/capture a particular event.
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Global CCTV Camera market is categorized on the basis of Type of CCTV Camera, End-user and Technology. On the basis of Type of CCTV Camera, the market is segmented as Dome Camera, Bullet Camera, Box Camera, PTZ Camera and others. The Dome Camera segment is anticipated to register a CAGR of XX% during the forecast period. The end-user segment is segmented into Residential, Commercial, Industrial and Government.
On the basis of technology, the market is segmented as Analog CCTV Camera, IP/Network CCTV Camera and HD CCTV Camera. Analog CCTV Camera segment accounted for highest market share and was valued at US$ XX Mn in 2018. Moreover, advancements in high definition (HD) and megapixel cameras globally is going to contribute primarily to the growth of CCTV Camera market. IP/Network Camera segment is expected to register a healthy CAGR of XX% during the forecast period.
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This report also covers drivers, restraints and trends driving each segment and offers analysis and insights regarding the potential of CCTV Camera market in regions including North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Among the regions, Asia Pacific was the largest market for CCTV Camera accounted for over XX% of the market share in 2018. Also, demand for CCTV Camera is increasing in the markets in North America and Europe.
Key competitors in CCTV Camera market are:Hangzhou Hikvision Digital Technology Co., Ltd, Dahua Technology Co., Ltd., Bosch Security Systems, Hanwha Techwin Co. Ltd., FLIR Systems, Inc, Honeywell International Inc., CP PLUS International, Axis Communications AB, Digital Watchdog and Sony Corporation.â€
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Hemodialysis Catheter Market: Overview
Hemodialysis is a medical procedure of filtering blood for the people suffering from kidney failure. The process is carried out through dialysis machine using a catheter as interconnection. The catheter used in hemodialysis consists of two types lumens, colored in red and blue for clear identification during the process. The red colored lumen injects blood from patient and transfers it to hemodialysis machine for filtration, while blue colored lumen returns pure blood to the patient after filtration.
The Global Hemodialysis Catheters Market was valued at $xx million in 2018, and is estimated to reach at $xx million by 2028, registering a CAGR of xx% from 2018 - 2028.
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The major factors driving the hemodialysis catheter market are increase in prevalence of end stage renal diseases (ESRD) and surge in number of people suffering from chronic kidney disorders. Moreover, technological advancements in dialysis equipments and low availability of kidney donors for transplantation are expected to fuel the market growth. However, risk of blood infections and thrombosis and limitations in the reimbursement of dialysis procedures in the emerging regions hinder the growth of the market.
Geographically, Asia Pacific held the largest market share in 2017, followed by Europe. In addition, Latin America and Middle East is expected to register highest CAGR during the forecast period. The major factors driving the growth of the market is the rise in the incidence of end stage renal disease and the innovations in the efficient dialysis products. Moreover, surge in the awareness for the renal diseases and the availability of their treatments in the emerging economies fuel the demand of hemodialysis catheters
The major players operating in the global hemodialysis catheters market include Baxter International Inc., Asahi Kasei Medical Co., Ltd., Fresenius Medical Care AG & Co. KGaA, B. Braun Melsungen AG, Toray Medical Co., Ltd., AngioDynamics Inc., C. R, Bard, Nipro Medical Corporation, Medical Components Inc, Medtronic PLC, Outset Medical, Inc,NxStage Medical, Inc., Allmed Medical Corporation and Outset Medical, Inc.
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Global Hemodialysis Catheters Market: Segmentation
By Product
Cuffed tunneled
Non-cuffed tunneled
Non-tunneled
By Tip Configuration
Step-tip catheters
Split-tip catheters
Symmetric catheters
By Material
Silicone
polyurethane
By End User
Hospitals
Clinics/Dialysis centers
Home Dialysis
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With technological advancements in several developing countries across the globe, home automation solutions are evolving continuously. Modern day home automation solutions utilize high end digital technology for providing better performance and efficiency. Home automation systems refer to all such systems, whether used as a single application or as integrated solutions that are used to automate processes. They are electricity powered and are manually controlled (such as turning on the AC, dimming lights, managing entrance gate and cameras, operating smart appliances in a house, and so on.
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Thehome automation market is primarily driven by growing need for effective solutions in various domestic applications such as lighting, safety and security, energy management, entertainment (audio and video) and HVAC (heating, ventilation, and air conditioning). High degree of internet connectivity and penetration in developed countries such as the U.S., the U.K., France, and Germany is also contributing to the growth of home automation market globally. Safety and security was the highest revenue generating application segment in 2018.
Home Automation Market: By application
Lighting
• Safety and security
• HVAC (Heating, Ventilation, and Air-Conditioning)
• Entertainment (Home audio and video)
• Others(Robotics, heath care)
Home Automation Market: By networking technology
Wired home automation systems
• Power-line home automation systems
• Computing network home automation systems
• Wireless home automation systems
Home Automation Market: By type
Luxury (custom) home automation systems
• Mainstream home automation systems
• DIY (Do It Yourself) home automation systems
• Managed home automation services
Factors such as rising awareness towards energy conservation and ability to manage energy consumption through automation technologies primarily influence market growth. Smartphone based home automation solution is also observing a significant growth in demand. Increasing usage of smartphone based home automation apps is also contributing to the growth of overall home automation market globally. North America led the home automation market in 2018 and the region is expected to continue its dominance in 2028. The region’s dominance is due to advancement in technology in countries such as the U.S. and Canada. Moreover, consumer awareness and affinity towards new technology is further contributing to the growth of home automation market in North America. Europe and Asia Pacific followed North America in the global home automation market to collectively account for more than forty percent of the global market revenue share.
This market research study analyzes the home automation market on a global level, and provides estimates in terms of revenue (USD million) to 2028. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years.
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The market has been segmented on the basis of geography such as North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW), and these have been estimated in terms of revenue (USD billion). In addition, market has been segmented based on applications, which include lighting, safety and security, HVAC (Heating, Ventilation, and Air-Conditioning), entertainment, energy management, and others. It also segments the market on the basis of networking technology as wired systems, power-line systems, computing networks, and wireless systems. All these segments have also been estimated on the basis of geography in terms of revenue (USD million).
For better understanding of the home automation market, we have given a detailed analysis of the supply chain. A detailed Porter’s five forces analysis has been given for better understanding of the intensity of the competition present in the market. Furthermore, the study comprises market attractiveness analysis, where the applications are benchmarked based on their market scope, growth rate and attractiveness.
The report provides company market share analysis of various industry participants. The key players have also been profiled on the basis of company overview, financial overview, business strategies, SWOT analysis, and the recent developments in the field of home automations. Major market participants profiled in this report include Crestron Electronics, Inc., Control4 Corporation, AMX LLC, ADT Corporation, 2GIG Technologies, Siemens AG, Johnson Controls, Honeywell International Inc., iControl Networks Inc., Vantage Controls, and Schneider Electric SA.
The report provides a cross-sectional analysis of all the above segments with respect to the following regions:
Home Automation Market: By geography
North America
• Europe
• Asia Pacific
• Rest of the World
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Growth in the construction industry is giving rise to Aerial Work Platforms (AWP), providing access to inaccessible areas. AWPs are equipped with various features such as electrical outlets for power tools, also equipped with special equipment to carry glasses, window frames, etc. With the increase in trend of renting AWP, rather than owning. AWP renting companies have started training operators making it a unique selling point. With new standards being introduced in AWP, companies are providing high-quality training to operators to ensure the safety of operations. Hence, companies are also introducing safe and easy-to-use aerial work platforms using advanced technology.
According to the report by Trends market research(TMR), theglobal Aerial Work Platforms market is anticipated to reach $XX billion market value by the end of 2028. It is also expected to register XX% CAGR during 2018-2028. Meanwhile, stringent labor and safety rules are projected to drive the demand for AWP. Aerial Work Platforms is also witnessing an increasing demand from electrical line maintenance and telecommunication business, hence this will result in the growth of AWP by 2028. In terms of sales revenue, APEJ is expected to increase toXX% CAGR between 2018 and 2028. While North America is projected to gain revenue share of XX% by the end of 2028, registering XX% CAGR.
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Aerial Work Platforms Market segmentation By Product Type: Scissor Lifts (up to 30’, 30’ – 50’, and more than 50’), Boom Lifts (up to 60’, 60’ – 100’, and more than 100’), Other AWPs; By End Use Industries: AWP Rental Service Providers; End Use Industries, Construction, Entertainment, Commercial, Manufacturing, Others (Public Administration, Mining, Agriculture etc.); By Region: North America, Latin America, Western Europe, Eastern Europe, China, Japan, South East Asia & Pacific, Middle East & Africa
New standards to make Aerial Work Platforms more safe and reliable
With the increase in the use of AWP, the American National Standards Institute (ANSI) has introduced new ANSI A92 standards. These standards include changes in design, terminology, training and use. These standards are anticipated to take effect by mid-2018. One of the notable changes in AWP is the addition of load sensing system and active tilt on the aerial equipment. This load sensing system will prevent from moving the platform if it exceeds the given capacity. While active tilt will alert when the platform reaches a slope greater than the acceptable.
While in terms of changes in terminology, Aerial Work Platforms (AWP) will be replaced with new a term known as Mobile Elevated Work Platform (MEWP). New standards also require a risk assessment to be conducted before carrying out the operation, this will help to avoid potential hazards. The new standards also require ensuring that operators are being provided appropriate training. The general administration of training should include curriculum, trainers, documentation, training environment and test. These standards also incorporate ISO concepts that will bring North America aerial lift manufacturers in line with other markets across Australia, Europe and China.
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In order to follow new standards, some AWP manufacturers have started implementing changes. For instance, Genie has developed Genie interactive tool which calculates aerial lift’s current capacity to help understand how new technology will result in productivity and safe use of the equipment. With the new interactive tool, Genie aims to educate end users of new standards that havemadeit mandatory for equipment to include platform load sense technology.
Similarly, JLG Industries has also introduced advanced technologies such as SmartLoad, which ensures proper load chart is being used with attachment, second is the Load Management Indicator System (LMIS), which shows current load on the load chart along with the weight. While Load Stability Indicator (LSI) indicates forward balance and stability.
With new standards, leading market players are introducing new products to ensure safety and better performance. Key Players: Aichi Corporation, Time Benelux, Teupen, Haulotte, Tadano,Terex, JLG industries, Ruthman, Bronto Skylift and Bosch Rexrothâ€Request For Report Description https://www.trendsmarketresearch.com/report/aerial-work-platforms-market
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Global Interventional Cardiology Devices Market: Overview
Interventional cardiology deals with the treatment of the heart related diseases such as coronary artery disease, congenital heart defect and aneurysm through catheter based devices. The process involves the insertion of catheter into large peripheral artery or vein to perform surgical process. Interventional cardiology provides fast recovery, controlled bleeding and short hospital stay. The interventional cardiology market has witnessed constant development from bare metal stent to bio-absorbable stent. Intervention cardiology devices include stents, catheters, guide wires, filters and balloons. According to Center of Disease Control and Prevention, in 2018 approximately 40,000 children are suffering from coronary heart disease in the U.S. The market is expected to register a CAGR of xx % during the forecast period of 2018 to 2028.
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Geographic Analysis
Geographically, North America is leading in the interventional cardiology devices market owing to large geriatric population and sedentary life-style causing cardiovascular disorders. In 2016, as per Population Reference Bureau, approximately 40 million of age 60 and above are suffering from cardiovascular diseases and the prevalence is expected to reach 89 million by 2050 in the U.S alone, followed by Europe. Asia Pacific is expected to expand significantly in the near future because emerging economies such as China and India owing to its large population base are suffering from cardiovascular diseases and diabetes. The continuous increase in healthcare expenditure and increase in geriatric population are also fueling the growth of interventional cardiology devices market.
Competitive Scenario
The major players operating in the interventional cardiology devices include Boston Scientific Corporation, Cook Medical, Medtronic Plc, Cardinal Health, Terumo Medical Corporation, Abbott Scientific and B Braun Melsungen A.G. The key players are focusing on acquisition to increase its portfolio of product offerings. In this direction, in 2017, Abbott acquired St Jude Medical to increase in product pipeline. St Jude Medical is into atrial fibrillation, heart failure, chronic pain and structural heart devices manufacturing, which will supplement the products of the Abbott.
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Global Interventional Cardiology Devices Market: Segmentation
By Product Type
Stents
Catheters
Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloons
Intravascular Ultrasound System
Inferior Vena Cava (IVC) Filter
Percutaneous Transluminal Coronary Angiography (PTCA) Guide Wires
Left Atrial Appendage (LAA) Device
Increased prevalence of cardiovascular disorders is expected to fuel the growth of interventional cardiology devices market
The overall world population is witnessing increase in proportion of geriatric population and obesity which is causing numerous heart related diseases. For instance, according to the United Nations report, around xx million people of age 65 and above in 2015 across the globe are suffering from heart related disorders and it is expected to reach xx billion by 2050. The major drivers responsible for the growth of the market are the advancement in the healthcare research, increase in the demand of minimal invasive procedures and increasing patient awareness. The increase in geriatric population coupled with obesity and lifestyle patterns leads to the increase in coronary artery disease. In 2017, American Heart Association reported 36,000 deaths due to coronary artery disease in the U.S alone. Continuous innovations in interventional cardiology devices such as new generation drug eluting balloons and bio-absorbable stents are expected to further support the growth in the interventional cardiology devices market. However the market is hindered by product recalls and high cost of manufacturing the devices.
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Increasing defense budgets, particularly in asia pacific, is anticipated to drive growth. Goodwill of the industry participants is expected to play a key role in contract allotments. Advancements such as increased fuel efficiency and efficient armor material are expected to fuel industry growth over the next seven years. Limited budget for military spending particularly in north america and europe may pose a challenge to the armored vehicle industry over the forecast period.
Rising concerns regarding security from insurgent groups and terrorist attacks in countries across asia pacific have highlighted the need for modernization of military groups, pressing government bodies to allot more funds to the defense sector in the past few years. Countries such as india, china, and south korea are focusing on the procurement of enhanced armored vehicles, driving the global market. Developed nations such as uae, israel, saudi arabia, iran, and turkey are also substantially increasing their military budgets and increasing the numbers of technologically advanced armored vehicles in their military troops.
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The demand for integration of technologically advanced electrical, photonic, and efficient and highly secure communication components in armored fleet to maintain an edge over extremist powers is gaining strength, stimulating the need for technological transformation for the market. In the next few years, continual investment in R&D activities, development of highly advanced, and innovative technologies will be the core of growth strategies adopted by key vendors, including Oshkosh Corporation, Elbit Systems Ltd., BAE Systems plc, Lockheed Martin Corporation, and Rheinmetall Defence.
Armored Vehicles Marketis expected to rise to US$ XX Million by 2028
The need for reducing the weight and size of vehicles deployed in the defense sector, and the demand for highly efficient, compact, and robust vehicles and weapons is also a key driver of the global armored vehicle market. Promising advancements on fronts such as communication medium, adaptability, navigation, surveillance, protection, and enhanced situational awareness are expected to appeal to an extended set of clients in the next few years.
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By geography the global armored vehicle market is segmented into north america, europe, asia-pacific and rest of the world (row). The u.s., canada and mexico are covered under north america wherein europe covers russia, u.k., germany, france, italy and others. Asia-pacific covers china, india, japan and others. Row covers south america, middle east and africa.
The key players in the armored vehicle market include international armored group, lockheed martin, thales group, general dynamics corporation, bae systems, denel land systems, oshkosh defense, rheinmetall landsysteme gmbh, elbit systems ltd. And inkas armored vehicle manufacturing, among others."
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Global Intelligent Process Automation (IPA) Marketis accounted for $8.35 billion in 2020 and is expected to reach $23.16 billion by 2028 growing at a CAGR of 13.6% during the forecast period. Rising investments in digital transformation, growing automation of enterprises across industry verticals, and increasing developments in connected devices are the major factors propelling the market growth. However, high initial cost of implementing IPA and lack of technical expertise are hampering the market growth.
Intelligent process automation (IPA) is an application technology. Its software is meant with extra features like AI and related new technologies that include cognitive automation, machine learning, and computer vision which are used for top volume handling and repeatable tasks. It is very helpful in improving business processes by reducing the human hand to help workers by eliminating repetitive, replicable, and routine tasks, and thus it improves the customer experience by simplified interactions and faster processes. Furthermore, this IPA helps in doing add an easy and better way within time and improves the efficiency and reaction time of the processes. Hence, it increases the worker’s performance, customer experience and reduces the operational risks. To design a replacement generation of hardware and software to automate industrial processes, a couple of factors like improvement in sensors, advances in machine learning techniques, and increasing computing power are helpful.
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Based on technology, the machine and deep learning segment is estimated to have a lucrative growth due to the significant contribution of machine learning to extend efficiency and improve intelligent automation technologies. Moreover, this technology allows systems to review automatically, and therefore the main intention is to develop computer programs which will access the info and utilize it to find out from it.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the presence of rapidly growing economies, like China and India. Rapid economic development, globalization, digitalization, and therefore the increased adoption of cloud-based technologies are expected to drive the expansion of the intelligent automation market within the Asia Pacific region. Companies operating during this region enjoy flexible economic conditions, industrialization, and globalization-motivated policies of governments also because the expanding digitalization within the region.
Some of the key players profiled in the Intelligent Process Automation (IPA) Market include Accenture, Atos, Avasant, Blue Prism, Capgemini, CGI Group, Cognizant, Dell EMC Corp, Genpact, HCL Technologies, IBM, Infosys, Pegasystems, SAP SE, Syntel, Tata Consultancy Services, Tech Mahindra, Thoughtonomy, UiPath, Wipro, WorkFusion, and Xerox Corporation
Data Types Covered:
• Structured
• Unstructured
Business Functions Covered:
• Compliance
• Finance
• Legal
• Operations
Components Covered:
• Services
• Solutions
Organization Sizes Covered:
• Small and Medium-sized Enterprises (SME)
• Large Enterprises
Technologies Covered:
• Cognitive Technology
• Computer Vision
• Machine and Deep Learning
• Mini Bots
• Natural Language Processing
• Neural Networks
• Virtual Agents
Deployments Covered:
• Cloud
• On-Premise
Applications Covered:
• Business Process Automation
• Application Management
• Enterprise Content Management
• Security
• Human Resource Management
• Incident Resolution
• Service Orchestration
• Business Process Management
• Customer Experience Management
• Business Intelligence and Analytics
• Enterprise Mobility
• Robotic Process Automation
• Information Technology (IT) Operations
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End Users Covered:
• Banking, Financial Services, and Insurance (BFSI)
• Consumer Goods
• Defense
• Education
• Energy and Utilities
• Food & Beverage
• Government and Public Sector
• Healthcare and Life Sciences
• Manufacturing
• Media and Entertainment
• Retail and E-commerce
• Telecommunications and IT
• Transport and Logistics
• Travel and Hospitality
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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Market Overview:
Media streaming devicesare connected, unmanaged devices whose primary purpose is to receive on-demand content via the Internet and display it on a television screen. Demand for media streaming devices originally derived from cord-cutters looking for convenient, cost-effective ways to access entertainment content with a lean back experience. Media streaming device shipments worldwide sold well over the last 4-5 years due to an expansion of streaming entertainment services with growing content libraries, new, yearly product introductions with upgraded capabilities, and because of discontent with advertising on broadcast television and dissatisfaction at the increasing faster-than-inflation costs of cable and satellite pay television. Global media streaming devices marketwas valued, in 2018 USD XX million and in 2027 is expected to reach at USD XX million with growing CAGR of XX%.
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Market Dynamics:
The ongoing technological development of streaming devices has led to gradual replacement of CDs and DVDs, which were previously used for education or entertainment. The convenience of storing or live-streaming content on various types of media devices has garnered a wide consumer base in recent years. Furthermore, the wide availability of internet that enables streaming of content has also propelled market growth in recent years. The report also suggests that introduction of content streaming websites such as Netflix and YouTube has also prompted several end users to invest in streaming devices such as smart TVs, gaming consoles, and media streamers.
Market Players:
Media streaming device adoption be influenced by underlying entertainment streaming services, such as Netflix and Hulu, and ecosystems like Amazon Prime, Apple iTunes, the Google Play Store, and Roku’s Fandango Now.
Market Segmentation:
The media streaming devices market is segmented into type, end user, application, and region. On the basis of end user the market is classified into residential and commercial segments. On the basis of application the market is segmented into Gaming, Real-time Environment, Social Networking, E-Learning and Web Browsing. On the basis of type the market is classified into Media Streamers, Game Consoles and Smart TV’s.Further, on the basis of region the market is segmented into North America, Europe, APAC, Latin America and Middle East & Africa.North America is expected to dominate the market in the forecast period due to rapid penetration of high-speed Internet and entertainment industry.
Market segmented based on type:
– Game Consoles
– Media Streamers
• Streaming Box/Media Player
• Plug-in USB Sticks/ Streaming Sticks
– Smart TV’s
Market segmented based on application:
– Gaming
– Real-time Environment
– Social Networking
– E-Learning
– Web Browsing
Market segmented based on application:
– Commercial
– Residential
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Market segmented based on region:
– North America
• US
• Canada
• Mexico
– Europe
• UK
• Germany
• France
• Rest of Europe
– Asia-Pacific
• China
• Japan
• India
• Australia
• Rest of Asia-Pacific
– Latin America
• Brazil
• Rest of Latin America
– Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA
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Artificial intelligenceis a study of “intelligent agentsâ€: any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals. AI technologies are being developed to assist human beings in deliberating, deducing, analysing, and inventing new technologies that can guarantee the Fourth Industrial Revolution. Global Artificial Intelligence Market is expected to grow in the forecasted period, in 2018 market size of the Artificial Intelligencewas XX million and in 2028 is expected to reach at XX million with growing CAGR of XX%.
Market Dynamics:
The availability and widespread adoption of graphical processing units due to innovation in technology, increased power capacity, and reduced costs have been an impetus for the adoption of AI technologies in sensor system. One of the major factors responsible for the increasing use of this product is its ability to recognize patterns of sounds, images, and other data. Also, it is highly gaining popularity among its end users as it enables computer scientists to model several layers of virtual neurons and multiple neural networks.
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The increasing use of AI to combat cyber security threats will drive the growth prospects for the global AI market in the coming years. Some of the issues that can be addressed by such systems include the failure of firewall and signature-based techniques to stop current threats, a large volume of security threat data, and scalability challenges in addressing security threat data with people.
Market Players:
Artificial intelligence market hold some of the prominent players serving industries like Amazon Web Services, IBM, Siemens, Omron Adept Technologies, AIBrain, Anki, Apple Inc., Banjo, CloudMinds, Facebook, Google, CarbonX, Intel, Jibo, Microsoft, Next IT, NVIDIA.
Market Segmentation:
Artificial Intelligence market is segmented on the basis of end users, application and geography. On the basis of application the market is bifurcated into machine learning, deep learning, fuzzy logic, neural networks, expert system and knowledge based system.The development of deep-learning technology will drive the growth prospects for the global AI market for the coming years. The deep-learning software is an advanced version of AI technologies that attempts to mimic the activity and functioning of the human neocortex.
On the basis of region the market is segmented into North America, Europe, Latin America Asia-Pacific and Middle East & Africa.
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Market segmented on the basis of application:
– Machine learning
– Deep learning
– Neural networks
– Expert systems
– Knowledge-based systems
– Fuzzy logic
Market segmented on the basis of End User:
– Healthcare Sector
– Media and entertainment sector
– Manufacturing sector
– Automotive sector
– Retail Sector
Market segmented on the basis of region:
– North America
• US
• Canada
• Mexico
– Europe
• UK
• Germany
• France
• Rest of Europe
– Asia-Pacific
• China
• Japan
• India
• Australia
• Rest of Asia-Pacific
– Latin America
• Brazil
• Rest of Latin America
– Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA
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