2016-08-03

Smart Lighting Market to Rise at a CAGR of 17.1% by 2025- Global Analysis and Forecasts by Lighting Types, Application and Connectivity Technology

Smart lighting being an emerging concept in the lighting world, is facing slow acceptance in the market. This is mainly owing to the lack of awareness regarding the benefits of the technology. The customers here, are habituated to the traditional lighting more as compared to the innovative smart lighting. The comparatively high price of LED is a factor that had been constraining the adaptability of this market by the end-users in the recent years. However, the continuous decrease in price of LEDs along with improvement in its efficiency is expected to bolster the market during the forecast period.

According to the new Market research study published by The Insight Partners, the Global Smart Lighting Systems Market was valued at US$ 10.55 Bn in 2015 and is estimated to reach US$ 51.05 Bn by 2025. The report highlights the trends prevalent in the global market and the factors driving the market along with those that act as deterrents to its growth.

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The retrofitting of old lighting systems with the latest smart lighting technology would create a profitable opportunity for the manufacturers and suppliers. Globally, Europe is the fastest adopter of this market and in the forthcoming years Asia Pacific is expected to take over the market, because of rapidly growing demand of economic and energy efficient lighting systems in developing countries such as China and India.

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The global smart lighting market is fragmented on the basis of lighting Type into. Light Emitting Diode (LED) Lamp, Fluorescent Lamps, Compact Fluorescent Lamps (CFL), High Intensity Discharge Lamps and Others (Neon Lamps and Photographic Flashes). Furthermore the segmentation is based upon application of smart lighting viz. Industrial lighting, Commercial lighting, Residential lighting, Outdoor lighting, Automotive lighting and Government. According to the geographic regions, the market is segmented into Europe, Middle East & Africa (MEA), Asia Pacific (APAC), North America and South America (SAM).

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Some of the major players in the global smart lighting market are Koninklijke Philips N.V., OSRAM Licht AG, Honeywell International Inc., Eaton Corporation PLC., Digital Lumens, Inc., Lutron Electronics Company Inc., General Electric Company, Legrand SA, Streetlight.Vision and Acuity Brands Lighting, Inc. among others.

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2016-08-03

Laser Diode Market to Witness a CAGR of 11.2% by 2025– The Insight Partners

Numerous Advantages of Laser Diodes over Conventional Technologies to Bolster Laser Diode Market at a CAGR of 11.2%

Brazil led the South America (SAM) laser diode market in 2015 and is likely to continue its dominance by expanding at a CAGR of 12.2% during the forecast period from 2015 to 2025. Brazil boasts of the largest manufacturing sector in SAM, which accounts for nearly one-third of SAM’s GDP. Brazil has an array of industries ranging from automobile, steel, and petrochemicals to computers, aircrafts, and consumer durables that deploy laser diodes in their applications.

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The global market is classified by doping materials into GaN, AlGaInP, InGaN, GaAlAs and other doping materials (GaAs and GaInAsSb). This report is further classified on the basis of wavelength into red laser diode, blue, IR, blue-violet and others (green and UV ). Lastly, the global market is segmented on the basis of applications into consumer electronics, automotive, military & defense, healthcare and other applications (industrial, instrumentation & sensors, etc.).

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Laser diodes are also used in surgeries due to their features which include a diverse range of operating wavelengths. Furthermore, it can also be modulated directly by using frequencies up to GHz range in high-speed communications. Thus, there is no delay in the input of operating surgeon and output of laser radiation. In addition,these are easily adjustable in terms of power output from 0% to 100%, thereby providing flexibility in the dosage of laser output. On the other hand, solid state lasers have restrictive adjustable power output ranging from 60% to 100%. This feature makes laser diodes the perfect tool for medical and healthcare applications. Thus, the expansion of electronics and healthcare industries complements the growth of the market owing to the substantial utilization of laser diodes across various applications in these industries.

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Geographically, the global laser diode market is segmented into Europe, North America, Asia Pacific, South America and Middle East & Africa. Some of the key players operating in this global market include IPG Photonic Corp., Coherent, Inc., Newport Corp., ASML Holding NV, Axcel Photonics, Inc., Rofin-Sinar Technologies Inc., Sumitomo Electric Industries, Ltd., Sharp Corporation, Panasonic Semiconductor Solutions Co., Ltd. And Trumpf GmbH + Co. KG among others.

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About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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2016-08-03

Telecom Billing and Revenue Management Market to Witness a CAGR of 10.7% by 2025 – The Insight Partners

One of the prime factors that are driving the global telecom billing and revenue management market include increasing mobile penetration worldwide and high growth in the subscriber base in various regions. High capital expenses (CAPEX) involved in upgrading the existing network infrastructure and establishing new one, along with complex regulatory environment are few factors hindering the global market

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According to the new Market research study published by The Insight Partners, The global Telecom Billing and Revenue Management Market was valued at US $9.27 billion in 2015. The market of telecom billing and revenue management is expected to grow at a CAGR of 10.7% between 2016 and 2025, to reach US $25.27 Billion in 2025.

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The global market is bifurcated into fraud management software, partner & interconnects management software, mediation software, and revenue assurance software. Furthermore, this market is divided on the basis of services into consulting services, operations services, managed services, and system integration services. On-premise, hybrid deployment and cloud based are the types of deployment model types in this market.

The billing and charging software segment had the largest share of the global telecom billing and revenue management market by solution types in 2015, whereas the revenue assurance software segment is expected to grow at the highest CAGR of 12.2% between 2016 and 2025.In the deployment model segments on-premise deployment holds the major share of the telecom billing and revenue management market in 2015, whereas the cloud based deployment segment is anticipated to grow at the highest CAGR between 2016 and 2025.

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The major companies operating in the telecom billing and revenue management market include Accenture PLC (US), Alcatel-Lucent S.A. (France), Amdocs, Inc. (US), CERILLION PLC (UK), CSG Systems International, Inc. (US), Ericsson (Sweden), go Transverse International, Inc. (US), Hewlett-Packard Development Company, L.P (US), Huawei Technologies Co., Ltd. (China), NEC Corporation (Japan), Oracle Corporation (US), Redknee, Inc. (Canada), SAP SE (Germany), XURA (US).

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2016-08-03

Software as a Service (SaaS) Market to Witness a CAGR of 28.3% by 2025 – The Insight Partners

Using applications via a web browser and handling it remotely reduces the concerns of maintenance and other costs but it transfers the control of applications to the third party vendor. In Software as a Service model, any organization who wants to use an application, uses it on a third party basis. Sometimes security concerns are raised by organizations with the power being in the hands of the SaaS vendor especially in cases of mission critical applications. This totally depends on the comfort level of the organization whether it is willing to use software which are controlled by a third party vendor or deploy an on-premise software model. Security concerns are always a troublesome for an organization. Identity and access management always become a critical issue while entrusting control to a third party vendor for company sensitive data and business processes.

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According to the new Market research study published by The Insight Partners, The Global Software as a Service Market was estimated at US$ 34.78 Bn in 2015. This market is expected to grow at a CAGR of 28.3% between 2016 and 2025, to reach US$ 418.92 Bn in the year 2025.

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Overall the software as a service market has been segmented on the basis of deployment models, the applications and on the basis of end users they cater to and geographical segmentation. Private cloud, public cloud and hybrid cloud are the deployment models into which this market has been segmented. Additionally, on the basis of applications, the global software as a service market is segmented into Customer Relationship Management (CRM), Human Resource Management (HRM), Enterprise Resource Planning (ERP), Supply Chain Management (SCM) and others. On the basis of end-users the global software as a service market is segmented into Small and Medium sized enterprises, Large Scale Enterprises and Government. Geographically, the market is segmented into North America, Asia Pacific (APAC), Europe, South America (SAM) and Middle East & Africa (MEA).

North America and Europe dominate the global software as a service market, however, they are expected to lose market share to APAC during the forecast period. The APAC region is expected to register a growth rate of 33.1% during 2016 to 2025.

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In 2015, SME’s led the software as a service market globally and are expected to dominate during the entire forecast period from 2016-2025. Many SME’s from APAC region particularly, India and China have adopted SaaS solutions. The report profiles key players such as ADP LLC, SAP SE, Symantec Corporation, IBM Corporation, Amazon.com, Google, Inc., Microsoft Corporation, Oracle Corporation, Inc., Fujitsu Limited and Workday, Inc.

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2016-08-03

Internet of Things (IoT) Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2025

Internet of Things (IoT) facilitates the connection of various devices through network technology. IoT is a network of objects embedded with electronics, software, network connectivity and sensors. IoT aids to build smart communication environments like smart transportation, smart homes, smart shopping and smart healthcare. The key mechanisms of IoT includes gateways, RFID, NFC, cloud services, WSN, visualization elements and data storage & analytics.

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IoT helps in effective observation and management of numerous interconnected devices. The capability to connect numerous devices together, collect and scrutinize raw data generated by these devices, and convert the raw data into ready for use information makes IoT a sound step forward in creating an intelligent world. IoT helps in creating smart environments such as smart shopping, smart homes, smart healthcare and smart transportation.

IoT in smart cities is acquiring an important impetus worldwide. While smarter technologies have greater demand than over utility grids, the emphasis would ultimately move toward other developing fields, such as infrastructure management, transportation, building automation, intelligent cities services and energy management during the forecasted period. Smart cities are highly positive to adopt these effective and smart solutions with the upsurge demand for IoT devices. Most of the IoT devices relies on various sensors to observe the environment and cost for these sensors are reducing at a steady rate acting as a key driver for growth of global IoT market. Increasing investments in IoT divisions, the increase in connectivity of the internet globally and high adoption of devices such as tablets and smart phones have raised the global demand for IoT. Growing dependency on prevailing network connectivity creates challenges such as security threat. Among the prime restraints in the IoT market is the lack of competency of real-time procedures. Real-time procedures are projected to assist real-time applications and process data as it is generated without any interruptions.

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The global IoT market is segmented on the basis of industrial vertical into manufacturing, oil & gas, healthcare, agriculture, metals &mining and energy & power. The market for IoT is further segmented by technology into guidance & steering, sensors, GPS/GNSS, autonomous haulage system, condition monitoring, 3D printing, smart meter, flow & application control devices, industrial robotics, RFID, networking technology, yield monitors and distributed control system. Additionally, the IoT global market is bifurcated on the basis of software into product lifecycle management, farm management system, manufacturing execution system, remote patient monitoring, SCADA, distribution management system and outage management system. Also, the global market for IoT is bifurcated by regions into North America, Europe, Asia Pacific, South America and Middle East & Africa.

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Europe dominates the global market for IoT, while Asia Pacific is expected to be the highest growing market for IoT in the coming years due to rapid growth in infrastructure sector. Huge investments made on industrial digitalization and electronic lifestyles of people. Some of the chief players operating in the global market include Alcatel-Lucent S.A., Cisco Systems Inc., SAP SE, Amazon Web Services, Infineon Technologies AG, Huawei Technologies Co Ltd., Microsoft Corporation, Oracle Corporation, Google Inc., IBM Corporation, Rockwell Automation, Zebra Technologies, Robert Bosch GmbH, Siemens AG, Dassault Systèmes SA, Thingworx, Honeywell International, Inc., Verizon Communication Inc., Samsung Electronics, Apple Inc. and Intel Corporation among others.

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