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Smart Street Lightning Market poised to be valued at nearly US$ 4,300 Mn by the end of the year 2026

Smart street lighting systems consist of various features that make them reliable, environment friendly and efficient to use. Smart street lighting systems are energy efficient, predominantly using LED lighting and possess control units and sensors in all the lamps or group of lamp poles, in order to enable them to transmit data to the central controlling system, thereby facilitating two way communication.

In this manner, smart street lighting systems are able to transmit information such as which lamps have stopped emitting light so that they can be replaced. Other variables that can be monitored in a smart street lighting system include temperature, light, current, etc. thus transmitting real-time information to the centralized system, making the maintenance of street lighting systems easy to accomplish and also cheaper than routine maintenance. Another important feature of smart lighting systems is that these are environment friendly and reduce the emission of harmful greenhouse gases.

A new report prepared by Persistence Market Research titled ‘Smart Street Lighting Market: Global Industry Analysis 2012-2016 and Forecast 2017-2026’ studies the performance of the global smart street lighting market over a nine year assessment period starting from the year 2017 and ending in the year 2026. The report presents the forecast by value of the global smart street lighting market and provides important information regarding the market dynamics operating in this market such as the drivers, restraints, opportunities and trends.

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As per the data provided by Persistence Market Research, the global smart street lighting market was estimated to be valued at nearly US$ 1,000 Mn at the end of the year 2017 and is slated to reach a valuation of nearly US$ 4,300 Mn at the end of the assessment period in 2026, and in the process exhibit a CAGR of 17.5% during 2017-2026.

smart street lighting market

Wired Connectivity Segment Largest in Terms of Revenue Share

The wired segment in the connectivity category of the global smart street lighting market is the largest in terms of value and is poised to exhibit a CAGR of 14.7% during the period of assessment. The wired segment is projected to reach a value of nearly US$ 2,600 Mn at the end of the period of assessment.

Traditional and Other Renewable Energy Segment by Energy Source to Lead in Terms of Revenue

The traditional and other renewable energy segment in the energy source category of the global smart street lighting system market is expected to exhibit a CAGR of 16.9% during the period of assessment. The traditional and other renewable energy segment was estimated to be valued at nearly US$ 960 Mn in the year 2017.

LED Segment by Type Slated to Exhibit the Fastest Growth Rate

The LED segment in the type category of the global smart street lighting market is poised to exhibit the fastest CAGR of 21.3% during the period of assessment. The LED segment is forecasted to reach a market valuation of nearly US$ 2,700 Mn by 2026 end.

North America Smart Street Lighting Market to Emerge the Largest in Terms of Value Among Other Regional Markets

The smart street lighting market in North America is the largest in terms of revenue and is likely to exhibit a CAGR of 15.5% during the period of assessment. The North America regional market is likely to reach a valuation of nearly US$ 1,250 Mn by the end of the period of forecast in 2026.

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Competition Landscape of the Global Smart Street Lighting Market

This report profiles some of the key players operating in the global smart street lighting market such as:

  • GE Lighting,
  • LLC,
  • CREE, INC.,
  • Honeywell International,
  • Royal Philips NV,
  • Eaton Corporation,
  • Hubbell Lighting, Inc.,
  • Schneider Electric S.E,
  • OSRAM Licht AG,
  • Acuity Brands Lighting, Inc.
  • Lutron Electronics.About us:

     

    Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

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Explore Bluetooth Low Energy Based Smart Lighting Market size, analysis, and forecast report by 2030

The ongoing transition from traditional lighting infrastructure to connected lighting and the continuous development of advanced technologies such as Internet of Things (IoT) technology in the field of lighting is playing a crucial role in the growth of Bluetooth Low Energy-based smart lighting market. In last few years, lighting solution providers has offered varied and intelligent lighting solutions to deliver advanced and better services to customers. Considering this scenario, government, real-estate players, and builders are innovating new ways of deploying advanced lighting solutions, owing to which, the demand for better lighting infrastructure is projected to increase during the forthcoming years. Moreover, the growing demand for smart lights that can be controlled by smartphones and can be accessible away from the home is creating the lucrative growth opportunities for Bluetooth Low Energy–based smart lighting market.

In last few years, there has been an immense rise in demand of Bluetooth Low Energy-based smart lighting that are compatible with smart home products and can be coordinated through personal assist solutions such as Amazon Alexa and Google Home. Furthermore, the growing trend in the smart lighting concept and increasing number of enterprises adopting smart lighting solutions is playing a crucial role in the growth of Bluetooth Low Energy-based smart lighting market.

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Impact of COVID-19 on Bluetooth Low Energy-based Smart Lighting Market

The outbreak of COVID-19 is directly impacting the demand and production of lighting companies. Also, with disruptions in supply chain, falling business confidence, and financial impact on firms, the demand for Bluetooth Low Energy-based smart lighting is expected to slow down in first half of 2020. Moreover, due to coronavirus pandemic, the business development efforts by manufacturing industries are hampered to great extent and therefore, due to this factor, the demand for Bluetooth Low Energy-based Smart Lighting is expected to decline in the next 1-2 years. Also, the year 2020 is expected to witness a drop in consumer spending worldwide, which is expected to impact the Bluetooth low energy-based smart lighting market. In a Pre-COVID-19 market scenario, the smart lighting market value was around USD 10 billion in 2019, and the market was projected to witness a growth rate of around 20% during 2019-2025. However, as COVID-19 crisis accelerates, the growth of smart lighting is expected drop to 14% during the 2020-2022. This drop in sales of smart lighting market is also expected to impact the growth of Bluetooth low-energy-based smart lighting market.

Bluetooth Low Energy-based Smart Lighting Market: Market Dynamics

The rapid technological advancements in lighting solutions and continuous development of smart lighting infrastructure is one of the key factors driving the growth of Bluetooth low-energy-based smart lighting market. Moreover, with the rising focusing on developing smart cities by changing the existing legacy infrastructure with the smart infrastructure and government spending on smart city management services such as road monitoring applications, environment, light sensing, and advanced energy saving are also among the key factors fueling the growth of Bluetooth low energy-based smart lighting market.

Apart from this, countries such as India and China are witnessing a drift towards rapid urbanization, and an increase in penetration towards the adoption of smart and intelligent technology solutions, especially in metro cities and retail sectors, therefore, due to these factors, the demand for Bluetooth low energy-based smart lighting is expected to increase in rapidly in coming years. Also, the adoption of smart and intelligent technology solutions has increased the demand for better and advanced lighting infrastructure which further is contributing in the growth of Bluetooth low energy-based smart lighting market.

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Bluetooth Low Energy-based Smart Lighting Market: Segmentation

The Bluetooth Low Energy-based Smart Lighting market is segmented on the basis of Products:

  • Lamps
  • Tubelights
  • Light Fixtures
  • Others

The Bluetooth Low Energy-based Smart Lighting market is segmented on the basis of End User:

  • Industrial
  • Commercial
  • Residential

Bluetooth Low Energy-based Smart Lighting Market: Competition Landscape

Most of the leading players in the Bluetooth Low Energy-based Smart Lighting market are focusing on entering into partnerships and collaborations to offer smart lighting solutions with advanced technologies such as machine learning, IoT, artificial intelligence. Some of the key players in the Bluetooth Low Energy-based Smart Lighting market are Philips, OSRAM, Acuity Brands, Inc., General Electric, Legrand, and Hubbell Incorporated.

Bluetooth Low Energy-based Smart Lighting Market: Regional overview

On the basis of regions, Asia Pacific is expected to be one of the key market for Bluetooth low energy-based smart lighting market owing to the rising demand for smart solutions and growing popularity of modern lighting solutions in Asian countries. Furthermore, North America and Europe are also expected to create significant growth opportunities, owing to the rising adoption of digital technologies and growing focus on energy-efficiency building infrastructure.

The Bluetooth Low Energy-based Smart Lighting market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The market report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:                                      

  • Bluetooth Low Energy-based Smart Lighting Market Segments
  • Bluetooth Low Energy-based Smart Lighting Market Dynamics
  • Bluetooth Low Energy-based Smart Lighting Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in Bluetooth Low Energy-based Smart Lighting Market
  • Technology Landscape
  • Value Chain of the Bluetooth Low Energy-based Smart Lighting Market
  • Market Drivers and Restraints

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia and Pacific (India, Malaysia, Indonesia, Singapore, Australia & New Zealand, Rest of South Asia)
  • Middle East and Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of MEA)

Report Highlights:

  • Detailed overview of parent Bluetooth Low Energy-based Smart Lighting market
  • Changing Bluetooth Low Energy-based Smart Lighting market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of Bluetooth Low Energy-based Smart LightingMarket
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Demand for Ebook Reader Market from Major End-use Sectors to Increase in the Near Future

According to a recent market report published by Persistence Market Research titled “E-Book Reader Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2020)” the global e-book reader market was valued at US$ 1401.4 Mn in 2016. Demand for e-book readers is expected to be supported by an increasing adoption of online content in the educational curriculum, an increasing adoption of e-books, a growing e-learning market and increasing availability of free e-books on the internet.

Persistence Market Research Recommendations

E-book reader manufacturers can focus on expanding their businesses across countries in APAC and MEA where the regional governments are taking initiatives pertaining to digital education systems and are also investing heavily on the e-education system. North America and Europe could be potential growth regions for e-book reader vendors, owing to the growing adoption of e-books across countries in these regions. E-book reader manufacturers can focus on advanced and new technologies such as Text-to-Speech, Audiobooks, and Music to increase their market share in various regions.

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Global E-Book Reader Market: Segmentation & Forecast

The global e-book reader market is segmented on the basis of screen type, connectivity type, distribution channel, price range and region. On the basis of screen type, the market is segmented as E Ink screen and LCD screen. The E Ink screen sub-segment was valued at US$ 1009.1 Mn in 2016. On the basis of connectivity type, the market is segmented as Only Wi-Fi and Wi-Fi and 3G. The Wi-Fi and 3G sub-segment is projected to be valued at US$ 303.0 Mn by the end of 2020. On the basis of distribution channel, the market is segmented as Organized Retail store, Unorganized Retail store and e-Commerce. The E-Commerce sub segment is estimated to be valued at US$ 275.1 Mn by the end of 2020. On the basis of price range, the market is segmented into Below US$ 100, US$ 101 – US$ 200, and Above US$ 200. In terms of value, the US$ 101 – US$ 200 segment was valued at US$ 619.3 Mn in 2016.

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Global E-Book Reader Market: Regional Forecast

Persistence Market Research tracks the performance of the global e-book reader market across the five key geographies of North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. According to Persistence Market Research analysis, the Asia Pacific regional market is expected to witness relatively good demand for e-book readers over the forecast period. Revenue from the e-book reader market in Asia Pacific and North America is estimated to collectively account for over 50% of the global e-book reader market revenue in 2017.

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Global E-Book Reader Market: Key Players

The report profiles some of the companies operating in the global e-book reader market such as

  • Amazon
  • Rakuten Kobo, Inc.
  • Barnes & Noble
  • Hanvon Technology Co. Ltd.
  • Onyx International Inc.
  • PocketBook International SA
  • Aluratek Inc.
  • Bookeen
  • ECTACO Inc.
  • Ematic
  • Arta Tech
  • Wexler Flex
  • Others.

 

 

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To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Increased Adoption of Consumer Data Storage Devices Market across End-Use Industries to Fuel Revenue Growth During the Forecast Period

According to a recent market report published by Persistence Market Research titled “Consumer Data Storage Devices Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025),” the Consumer Data Storage Devices market was valued at US$ 14,250.6 Mn in 2016 and is projected to reach US$ 18,796.5 Mn by 2025 end, registering a CAGR of 3.3% from 2017 to 2025. Rising adoption of smartphones is one of the major factors driving market revenue growth of Consumer Data Storage Devices during the forecast period. The use of external storage devices is on the rise among consumers, as the number of connected devices per user increases. The adoption of smartphones is fueling the growth for memory cards. Although the consumer data storage devices market is combatting competition with cloud storage, external storage devices are generally preferred for the storage of large files and documents of high value.

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Segmental Analysis & Forecast

The Consumer Data Storage Devices market is categorized on the basis of type & capacity. On the basis of type, the market is segmented as Hard Disk Drive, Solid State Drive, Memory Card, USB Flash Drive and Optical Disk. Of these segments, the SSD segment is anticipated to register a CAGR of 7.8% during the forecast period.

The Capacity Segment is divided into Hard Disk Drive with sub segments <= 2TB, 2.1-6TB & 8TB and Solid State Drive with segments <= 1TB and 1.1-2TB. Solid State drives with capacity of <= 1TB and 1.1-2TB are expected to witness a CAGR of 7.8%. This is primarily because SSDs are a new introduction in the market and have a low adoption currently. SSDs will witness a growth in sales once the prices are reduced and customers find it affordable to purchase the product.

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This report also covers drivers, restraints and trends driving each segment and offers analysis and insights regarding the growth potential of the Consumer Data Storage Devices market in regions including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, Asia Pacific accounted for the largest market share in 2016 owing to the huge installed base of smartphones and laptops in the region. The Latin America regional market is expected to exhibit a CAGR of 3.7% during the forecast period. The demand for Consumer Data Storage Devices is expected to increase in the markets in North America & Europe in the coming years.

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Key Players

Some of the top companies identified across the Consumer Data Storage Devices value chain are:

  • Seagate Technology LLC 
  • Western Digital Corporation 
  • Toshiba Corporation 
  • Samsung
  • Sony Corporation 
  • Transcend Information, Inc.
  • Verbatim (Mitsubishi Chemical)
  • PNY Technologies Inc.
  • Kingston Technology Company, Inc.
  • Corsair
  • HP Inc.
  • Apple Inc.
  • Lenovo Group Limited
  • Others.

 

 

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Manufacturers of Pharmacy Benefit Manager Market to Benefit from Increasing Adoption of the Product During the Forecast Period

The global pharmacy benefit manager market is expected to register a global CAGR of 5.5% during 2018 – 2026 with North America accounting for a significant market value share by the end of the forecast period.

PMR delivers key insights on the global pharmacy benefit manager market in its report titled “Pharmacy Benefit Manager Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026.” Value growth of the global pharmacy benefit manager market is expected to remain attractive as the market is estimated to grow continuously with a CAGR of 5.5% in terms of value during the forecast period 2018 – 2026. On the basis of service, specialty pharmacy services affiliated with pharmacy benefit managers are expected to register the most attractive growth during the forecast period. Based on the demand determinants, health insurance companies functioning as pharmacy benefit managers are expected to gain the highest market share penetration during the forecast period.

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The global annual revenue from pharmacy benefit manager was valued at US$ 437,298.0 Mn by the end of 2017, and is estimated to grow at a steady pace over the forecast period. The dominant region, i.e., North America accounted for a majority share in the global pharmacy benefit manager market. The region is likely to continue dominating the global market over the forecast period.

The incorporation of the pharmacy benefit manager concept was practiced by large industries over a decade ago. With upgraded benefit plans and cost-effective solutions & services, pharmacy benefit managers have been adopted by small- and medium-sized enterprises as well. Pharmacy benefit managers are widely used by all tier companies to streamline the employee health and pharmacy benefits. Thus, pharmacy benefit managers are gaining importance in various commerce sectors. Growth in the global pharmacy benefit manager market is driven by demand for advanced prescription products, focus on reduction of drug cost, regulatory guidelines, and to better manage the member’s health conditions. Key regulatory requirements that drive the pharmacy benefit manager market are changes due to Medicare Part-D guidelines, healthcare reforms, and NCPDP regulations.

The demand for innovative programs, such as disease and patient case management programs, advanced drug utilization programs, and pharmacy-medical integrated products have been the drivers for a number of emerging trends in the pharmacy benefit manager market. Additionally, the influence of social media networking is increasing rapidly in the pharmacy benefit manager arena. Almost all pharmacy benefits managers are responding to these drivers in similar yet distinct approaches.

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The pharmacy benefit manager market in North America is estimated to hold the highest market share in the pharmacy benefit manager market, during the forecast period, due to the high adoption rate of pharmacy benefit manager services and solutions in the commercial sector. The ever-rising mortality and morbidity rates are motivating regional vendors to accelerate their pharmacy benefit manager businesses. Pharmacy benefit management companies are focusing on helping their clientele to manage their health condition more efficiently and effectively. Multiple programs are available in the North American pharmacy benefit manager market that strive to achieve this objective.

The pharmacy benefit manager market has a high potential in Latin America owing to government health programs and health insurance companies combining and utilizing various resources in the market to provide member-healthcare benefits. Thus, the pharmacy benefit manager market in Latin America region will be targeted the most by the pharmacy benefit manager market participants. The need to enhance the effectiveness and efficiency of chronic illness medications is expected to attract the attention of pharmacy benefit manager service providers towards the Latin America region.

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According to PMR analysis, long-term contracts with business partners are expected to help increase revenue and new service strategies will enable pharmacy benefit manager vendors to reach new growth markets. Some of the key market participants in the global pharmacy benefit manager market include Express Scripts Holding Company; CVS Health Corporation; DST Systems, Inc.; Rite Aid Corp.; ProCare Rx.; UnitedHealth Group; Benecard Services, LLC; BioScrip, Inc.; CaptureRx; and Change Healthcare.

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Growth in Demand from Consumers to Heighten Sales of Consumer Cloud Storage Services Market

Persistence Market Research (PMR) recently published a report titled “Consumer Cloud Storage Services Market – Global Industry Analysis 2013-2017 and Forecast 2018-2026.” The adoption of consumer cloud storage services by is increasing owing to an increase in the amount of data generated by users. Consumer cloud storage services help users store data securely and gain access to it at any point in time from any device. These devices include smartphones, PCs, and tablets. The global consumer cloud storage services market is expected to grow at a CAGR of 14.9% during the forecast period. The consumer cloud storage services market was valued at US$ 912.6 Mn in 2017, and is projected to grow significantly to reach US$ 3,071.2 Mn by 2026 due to an increase in the availability of HD video content across the globe.

In this report, PMR has segmented the global consumer cloud storage services market on the basis of storage tier, user age, and region. By storage tier, the market is subsegmented into 50 GB-999 GB, 1 TB – 9.99 TB, and >= 10 TB. Due to an affordable pricing structure, the 50 GB-999 GB subsegment was valued at 487.7 Mn in 2017. The 50 GB-999 GB subsegment of the consumer cloud storage services market is also projected to grow with a double-digit growth rate during the forecast period. Furthermore, the usage of social media sites, such as Facebook, YouTube, and Twitter, is very high in developed countries such as the U.S., U.K., Germany, and Canada. These sites are getting multimedia-heavy day by day, which is motivating users to create more content such as videos and photos.

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With these factors, the 1 TB – 9.99 TB subsegment is also expected to create potential opportunities for the vendors of consumer cloud storage services. As multimedia content is now being accessed through subscription services by a large number of users, cloud service providers are looking for new possible usages with data stored on the cloud. Major area of focus for several cloud service providers are collaboration tools and third-party integrations. Owing to this, the 18-40 years segment, a subsegment of the “by user age” segment, is projected to hold a market share of more than 70% at the end of 2018 in the global consumer cloud storage services market. Moreover, the 18-40 years subsegment is expected to grow at a relatively higher CAGR as the demand for consumer cloud storage services is growing rapidly in various countries such as India, U.K., and China. Due to a continuous increase in the number of mobile workforce, the 18-40 years subsegment is also expected to witness a high growth rate during the forecast period.

On the basis of geography, the North America consumer cloud storage services market is expected to dominate the global consumer cloud storage services market due to advancements in next-generation communication and cloud technologies in the country. The region has witnessed the widespread deployment of smartphones and virtual storage technologies in the past couple of years. These factors are fuelling the growth of the consumer cloud storage services market in North America. The consumer cloud storage services market has high potential in Europe owing to major technological advancements in the telecommunication industry and increase in the number of mobile workforce in various countries of the region.

 

According to PMR analysis, long-term contracts with business partners are likely to increase revenue and new innovation strategies are estimated to enable the vendors of consumer cloud storage services to reach new growth markets. Some of the market participants in the global consumer cloud storage services market report include

  • Apple Inc.
  • Google (Alphabet Inc.).
  • Box, Inc.
  • Dropbox Inc.
  • Amazon Web Services (AWS)
  • Microsoft Corporation
  • Sync.com Inc.
  • Hubic (OVH)
  • Mediafire
  • pCloud AG

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

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Adoption of Cellular Iot Market to Rise During the Forecast Period Owing to Increasing Consumer Awareness

According to a recent market report published by Persistence Market Research titled, ‘Cellular IoT Market – Global Industry Analysis 2013–2017 and Forecast 2018–2026’, the cellular IoT market was valued at US$ 1,145.2 Mn in 2017, and is expected to register a CAGR of 26.7% from 2018 to 2026. The increasing demand for connected devices across verticals and the implementation of advanced cellular technologies such as 5G, NB-IoT, LTE-M, and others are the major factors driving the growth of the cellular IoT market. Also, the launch of 3GPP-standards-based IoT networks and increase in smart city projects across the globe are the primary factors that are expected to boost the growth of the cellular IoT market.

Cellular IoT offers advanced connectivity technologies that connect billions of IoT devices to the Internet across the globe. These advanced cellular IoT technologies include 3G, 4G, 5G, and LPWA (Low Power Wide Area) cellular technologies such as NB-IoT and LTE-M. Cellular IoT offers global coverage, reliable connection of IoT devices, and low-cost hardware that is required for cellular IoT connections.

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NB-IoT (Narrowband IoT) is a low power wide area network (LPWAN) technology, which is a 3GPP radio technology standard that addresses the LPWA requirements of IoT, and enables a wide range of devices and services to be connected using cellular telecommunication bands. NB-IoT is one of the emerging cellular technologies that enable efficient communication, extended battery life for mass distributed devices, low energy consumption, and lower costs for wide geographical footprints. The NB-IoT network is a form of low-powered network with a wide area coverage that connects millions of devices, sensors, and services. NB-IoT applications include smart parking, smart cities, smart agriculture, industrial monitors, smoke detectors, and others. LTE-M (LTE for Machine) is also known as Cat-M1 or eMTC (enhanced machine-type communication), which is a type of LPWA technology of IoT that makes use of a mobile operator’s 4G LTE network infrastructure. LTE-M applications include asset tracking, smart watches and fitness bands, telematics, gas or water meters, pet tracking, and others.

Cellular IoT Market: Segmental Insights

Cellular IoT is categorized on the basis of component, cellular technology, end use industry, and region. On the basis of component, the cellular IoT market is segmented into hardware and software. Revenue contribution in cellular IoT market from the software segment is expected to increase at a CAGR of 27.6% during the forecast period. On the basis of cellular technology, the cellular IoT market is segmented as 3G, 4G, LTE-M, NB-IoT, 5G, and others. Revenue contribution in the cellular IoT market from the NB-IoT segment is expected to increase at a CAGR of 35.3% during the forecast period.

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On the basis of end use industry, the global cellular IoT market is segmented into agriculture, healthcare, retail, energy, automotive & transportation, infrastructure, and others. Revenue contribution in the cellular IoT market from the energy segment is expected to expand at a CAGR of 28.1% during the forecast period.

Cellular IoT Market: Regional Forecasts

The cellular IoT market report also covers the trends driving each segment, and offers analysis and insights regarding the potential of the cellular IoT market in regions such as North America, Latin America, Europe, China, Japan, South East Asia & Others of APAC, and Middle East and Africa. Among these regions, China is projected to exhibit relatively high growth in the global market, registering a CAGR of 29.1% over the forecast period. Revenue share from the cellular IoT market in North America and Europe is expected to collectively account for over 50.1% of the global cellular IoT market revenue in 2018. Cellular IoT providers can focus on expanding across several countries in China, South East Asia, and North America.

Cellular IoT Market: Competition Tracking

Key competitors in the cellular IoT market are

  • Sierra Wireless
  • Qualcomm Technologies, Inc.
  • Sequans Communications S.A.
  • ZTE Corporation
  • Gemalto NV
  • u-blox
  • Telit Communications PLC
  • Ericsson AB
  • ARM Limited
  • Huawei Technologies Co., Ltd.
  • Mediatek Inc.
  • Vodafone Group plc
  • Texas Instruments Incorporated
  • Others.

 

 

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Opportunity Assessment of Virtual Data Rooms Market Reveals Profitable Avenues for Manufacturers

According to a recent market report published by Persistence Market Research titled “Virtual Data Rooms Market: Global Industry Analysis 2013–2017 and Forecast 2018–2026,” the virtual data rooms market was valued at US$ 1,050.0 Mn in 2017, and is expected to register a CAGR of 12.2% from 2018 to 2026. The increasing demand for easy & secure ways for the storage of critical data and the increasing need for transparent & efficient data-sharing options are among major factors driving the virtual data rooms market.

A virtual data room is a centralized information storage & sharing platform that can be deployed on-premise or on the cloud.  This platform is used by organizations around the world to store & share critical information with customers, external entities, and partners in a robust & secure environment. This online repository can be easily accessed over a secure network at any location. Advisors/bidders widely use virtual data rooms for financial transactions, due diligence for mergers & acquisitions, fundraising, IPO, strategic partnerships, audits, IP management, board communications, and secure document sharing.

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Virtual Data Rooms Market: Segmentation & Forecast

On the basis of components, the virtual data rooms market is segmented into software and services. The software segment is expected to hold a considerably high percentage of the virtual data rooms market throughout the forecast period. On the basis of enterprise type, the virtual data rooms market is segmented into large enterprises and small & medium enterprises. The large enterprises segment is expected to dominate the virtual data rooms market throughout the forecast period. However, the small & medium enterprises segment is expected to exhibit a high CAGR owing to the increasing adoption of secure storing and sharing platforms by these companies. On the basis of deployment, the virtual data rooms market is segmented into cloud and on-premise. The cloud segment is expected to hold a considerably high percentage of the virtual data room market throughout the forecast period. On the basis of end-user, the virtual data rooms market is segmented into BFSI, law firms, real-estate companies, healthcare & life science, mining & energy, management consultants, ITES, and others. The BFSI segment is expected to hold a considerably high percentage of the virtual data room market throughout the forecast period. However, the ITES segment is expected to exhibit a high CAGR during the forecast period.

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Virtual Data Rooms Market: Regional Analysis

This virtual data rooms market report also covers the trends driving each segment, and offers analysis & insights regarding the potential of the virtual data rooms market in regions such as North America, Latin America, Europe, China, Japan, South East Asia & others of APAC, and Middle East & Africa. Among these regions, SEA & others of APAC is projected to exhibit relatively high growth in the global market with a CAGR of 16.7% over the forecast period. The revenue share from the virtual data rooms market in North America and Europe is expected to collectively account for over 50% of the global virtual data rooms market revenue in 2018. Providers of virtual data room can focus on expanding across several countries in China, MEA, and Latin America.

Virtual Data Rooms Market: Competition Tracking

Key competitors in the Virtual Data Rooms market are

  • Intralinks Holdings, Inc.
  • BMC Group, Inc.
  • iDeals Solutions Group S.A.
  • Donnelley Financial Solutions
  • Ansarada Pty Limited.
  • Brainloop AG
  • Firmex Inc.
  • Box, Inc.
  • Merrill Corporation
  • CapLinked, Inc.
  • Others.

 

 

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

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Biometric Smart Cards Market Sales Revenue to Significantly Increase in the Next Few Years

Biometric Smart Cards Market: Introduction

Continuous demand for enhanced security and identification systems during payment processes or transactions, authorising access and to identify an individual has led to the increasing adoption of biometric technology. Besides biometric systems, other entry or access systems such as smart cards are also available in the market. Continuous innovations in technology have enabled the integration of smart cards as well as biometric technology to offer biometric smart cards.

Since their inception, high adoption of biometric smart cards is witnessed, especially in developed countries such as the U.S. and the U.K in the BFSI industry vertical. Besides the BFSI industry vertical, biometric smart cards have applications in government as well as military & defence, hospitality, residential, industrial and telecommunication industry verticals, among others. With the progression of technology and the advantages associated with biometric smart cards, the market is expected to gain traction in terms of value during the forecast period.

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One of the recent trends witnessed in the global biometric smart cards market is the introduction of contactless biometric smart cards for catering to the increasing demand for the same from the BFSI industry vertical. For instance, in June 2018, Precise Biometrics collaborated with NXP Semiconductor for integrating its Precise BioMatch Card software into NXP’s biometric smart cards.

The biometric smart cards market has witnessed considerable traction in the past four years in terms of value. Owing to the increasing demand for technologically advanced electronic products and increasing applications of biometric technology across the globe, the global biometric smart cards market is expected to witness double-digit growth during the forecast period.

Biometric Smart Cards Market: Market Dynamics

The increasing adoption of smart cards is witnessed globally across various sectors, such as banking, government, healthcare and telecommunication, due to the convenience and enhanced end-user experience associated with them. The integration of biometric technology, i.e. the introduction of biometric smart cards, further adds a layer of security for authentication and identification in the aforementioned industry verticals. Thus, the increasing demand for security, complimented by an increase in the adoption of smart cards and continuous innovations in technology, is expected to be the primary driving factor for the global biometric smart cards market. Furthermore, initiatives undertaken by the government for enhancing security and access & identification systems is also expected to boost the adoption of biometric smart cards. The demand for biometric smart cards is also complimented by a global increase in crime and trespassing cases.

Changing consumer spending behaviour owing to increasing disposable income has increased the demand for the implementation of advanced technologies in developing countries such as India, China, Brazil, etc. This has created high growth opportunities for the global biometric smart cards market in terms of value. Thus, it is recommended for vendors and service providers of biometric smart cards to invest and expand their business in these countries.

However, lack of resources for the implementation of biometric smart cards, in addition to the lack of awareness about the same in certain developing and underdeveloped countries, is hampering the growth of the global biometric smart cards market.

Biometric Smart Cards Market: Segmentation

The global biometric smart cards market can be segmented on the basis of type, identification type, end-user and region.

Segmentation of the biometric smart cards market by type:

On the basis of type, the biometric smart cards market can be segmented as:

  • Contact Biometric Smart Cards
  • Contactless Biometric Smart Cards

Segmentation of the biometric smart cards market by identification type:

On the basis of identification type, the biometric smart cards market can be segmented as:

  • Fingerprint Biometric Smart Cards
  • Iris Biometric Smart Cards
  • Others

The fingerprint biometric smart cards segment is expected to hold a majority of the market share in 2018 and a higher growth rate during the forecast period owing to the ease of manufacturing and low cost as compared to any other biometric smart card.

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Segmentation of the biometric smart cards market by end user:

On the basis of end user, the biometric smart cards market can be segmented as:

  • Residential
  • Commercial
  • Industrial

Among the above, owing to the maximum demand and area of application, the commercial segment held the majority share of the global biometric smart cards market in 2017.

Biometric smart cards Market: Key Players

Some of the key players in the biometric smart cards market are IDEMIA, IDEX, CardLogix Corporation, Precise Biometrics, Gemalto NV, NEXT Biometrics, IriTech, inc., JB Systems, Aware, Inc. and lenel.com.

The top players in the global biometric smart cards market are focusing on retaining their position by collaborating with their top-tier ecosystem partners for leveraging their solutions. IDEX, which is one of the Tier-1 players in the market, is one such player in the global biometric smart cards market. In April 2017, Mastercard launched its biometric smart card featuring IDEX’s first-of-its-kind fingerprint sensor.

Biometric Smart Cards Market: Regional Overview

By geography, the biometric smart cards market can be segmented into North America, Latin America, Western Europe, Eastern Europe, China, Japan, SEA & others in Asia Pacific and Middle East & Africa. Among these regions, the North America biometric smart cards market is expected to dominate the global biometric smart cards market during the forecast period owing to the high adoption of biometric smart cards in corporate offices, BFSI and governments in the region. The Asia Pacific (including Japan and China) biometric smart cards market and the Europe biometric smart cards market are expected to follow the North America biometric smart cards market in the global biometric smart cards market in terms of revenue. The China biometric smart cards market is expected to exhibit the highest growth rate during the forecast period. The Latin America biometric smart cards market is also expected to witness a significant growth rate during the forecast period.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, type, identification type, and end user.

The report covers exhaustive analysis on,

  • Market Segments
  • Market Dynamics
  • Historical Actual Market Size, 2013–2017
  • Market Size & Forecast, 2018 to 2028
  • Supply & Demand Value Chain
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Market Value Chain
  • Market Drivers and Restraints

Regional analysis for the market includes,

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Chile
    • Peru
    • Rest of LatAm
  • Europe
    • EU – 4 (Germany, France, Italy, Spain)
    • U.K.
    • BENELUX (Belgium, Netherlands, Luxemburg)
    • NORDIC (Norway, Denmark, Iceland, Sweden)
    • Eastern Europe (Poland, Ukraine, Czech Rep., etc.)
    • Rest of Europe
  • CIS & Russia
  • Japan
  • APEJ
    • Greater China
    • India
    • Korea
    • ASEAN Countries
    • Rest of APEJ
  • Middle East & Africa
    • GCC Countries
    • Turkey
    • Iran
    • Israel
    • South Africa
    • Rest of MEA

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance
  • Must-have information for market players to sustain and enhance their market footprint

 

 

About us:

 

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

305 Broadway, 7th Floor
New York City, NY 10007
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Sales Revenue in the Enterprise Social Networks And Online Communities Market to Witness Growth at Robust CAGR During 2018 – 2026

There is an increase in the penetration of the advanced technologies, along with the increasing demand for enhanced communication in various organizations. This is encouraging organizations to adopt enterprise social networks and online community platforms. Due to this, players in this market are continuously upgrading their product portfolios in order to meet the demands of the competitive enterprise social networks and online communities market. The APAC and Japan regions are developing with significant CAGRs, which could be a great opportunity for players associated with enterprise social networks and online community platforms to tap new business opportunities in emerging markets in the respective regions. These are some of the crucial findings made by Persistence Market Research in a new research report titled ‘Enterprise Social Networks and Online Communities Market: Global Industry Analysis 2013-2017 and Forecast 2018-2026’.

In this report, there is a detailed section on the market dynamics operating in the global enterprise social networks and online communities market which deals with the factors that impact the growth of this market. As per the numbers given in this report, the global enterprise social networks and online communities market is estimated to be valued at US$ 3,278.6 Mn in 2018 end and is forecasted to reach a valuation of US$ 11,460.7 Mn in 2026 end, reflecting a CAGR of 16.9% during the period of assessment 2018-2026.

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Global Enterprise Social Networks and Online Communities Market: Factors Influencing Revenue Growth

There are various advantages of implementing an enterprise social network platform and such kind of platforms not only benefit the employees, but also help in achieving the goals and objectives of the organization. Research has demonstrated high ROI (return on investment) for these platforms. By implementing an enterprise social network, the brand of the organization gets more visibility and enjoys increased customer loyalty. This in turn, contributes to the growth of the organization. Such kind of platforms are also advantageous in the healthcare domain, where they provide various benefits and services to doctors and patients. With the help of enterprise social networks, organizations are able to make a strong brand identity in the market, and also helps in improving the workplace culture and environment. The growing trend of digitalization and rapid evolution of social networks in the realm of healthcare sector is pushing organizations to adopt enterprise social network platforms, and this is expected to fuel the demand in the enterprise social networks and online communities market worldwide.

Global Enterprise Social Networks and Online Communities Market: Segmentation and Forecast

The global enterprise social networks and online communities market is segmented on the basis of enterprise type, industry type and region.

  • The large enterprise segment will hold a significant market share of 69.2% at the end of the year 2018 and is expected to lose market share in 2026 as compared to 2018.
  • The IT and telecom segment was valued at US$ 593.3 Mn in 2017 and is forecasted to witness a CAGR of 19.5% during the assessment period 2018-2026.
  • The China enterprise social networks and online communities market was valued at US$ 130.3 Mn in 2017.

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Global Enterprise Social Networks and Online Communities Market: Competition Landscape

In this report, the key companies that are operating in the global enterprise social networks and online communities market have been profiled in the competition landscape section. Some of the companies that have been included in this section include

  • Google, Inc.
  • Lithium Technologies Inc.
  • TIBCO Software Inc.
  • SAP SE
  • Salesforce
  • VMware
  • Cisco Systems
  • IBM Corporation
  • Vanilla Forums
  • Zimbra
  • Axero Solutions
  • Igloo Software
  • Zoho Corporation
  • Aurea Software Inc.
  • SocialText Inc.
  • Microsoft Corporation
  • Others.

 

 

About us:

 

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

305 Broadway, 7th Floor
New York City, NY 10007
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Ph.no. +1-646-568-7751

E-mail id- sales@persistencemarketresearch.com

Website: https://www.persistencemarketresearch.com