Month: October 2020

The demand for devices such as smartphones has increased significantly across the globe. As per the GSM Association, by the end of 2019, there were approximately 5.2 billion unique mobile subscribers, which means that about 67% of the worldwide population was using smartphones. The number of smartphone users is further predicted to increase to 5.8 billion by 2025, accounting for 70% of the global population. The adoption of these devices has also been increasing in developing countries, owing to the rising disposable income. 

Owing to this, the global Wi-Fi analytics market is predicted to attain a revenue of $52,975.5 million by 2030, increasing from $5,210.0 million in 2018, progressing at a 24.2% CAGR during the forecast period (2020–2030). The process of analyzing and collected data related to customers from Wi-Fi access points for reporting the collected data is referred to as Wi-Fi analytics. The technology is utilized for triggering marketing, improving operations, and tracking campaign results. 

The major components of Wi-Fi analytics are services and solutions, between which, the demand for Wi-Fi analytics solutions has been the highest in the past. Businesses these days are making extensive usage of targeted marketing and online behavioral data for enhancing user experience. Retail stores, restaurants, sports arenas, and various other businesses are looking for ways to engage and understand their customers, which is why they are making use of Wi-Fi analytics solutions. 

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This market research report provides a comprehensive overview of the Wi-Fi analytics market

• Historical and the present size of the Wi-Fi analytics market
• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential

In recent years, there has been a massive growth in the worldwide Wi-Fi hotspot coverage. In the last couple of years, the governments of several countries have made huge investments in the deployment of Wi-Fi hotspots in various public places. In 2017, there were as many as 124 million community and public wireless local area network (WLAN) hotspots all over the world and this number is predicted to rise to 550 million by 2022. 

Besides the aforementioned factor, the emergence of community Wi-Fi hotspots, the availability of free Wi-Fi access, and the higher speeds and capacities of Wi-Fi networks are also fueling the advancement of the VoWiFi market around the world. The advent of voice over Wi-Fi services has caused huge improvements in the QoS being provided to subscribers. This technology allows users to remain connected with each other over the call, even when there is no mobile signal.

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VoWiFi enables users to receive and make calls reliably without upgrading the smartphone or installing additional applications. Furthermore, this technology utilizes the already existing subscriber identification module (SIM) security mechanisms for authenticating and protecting communications. It also allows the seamless transfer of the network, from Wi-Fi to cellular networks, during ongoing calls. Poor network issues at homes, offices, and shops and the availability of voice-over Wi-Fi at affordable prices are encouraging mobile operators to expand their operations in different places.

This market research report provides a comprehensive overview of the VoWiFi market

• Historical and the present size of the VoWiFi market
• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential

The need for protecting online financial platforms from fraudulent activities and inherent risks is mainly due to the rapid digitalization. Payment frauds are mostly unauthorized transactions processed by a cyber-criminal. It is challenging to eliminate the threat in the e-commerce domain; however, updating the software and network security systems can help in this regard. The fraud detection and prevention market is burgeoning on account of the rising electronic payment rate across the globe.

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Thus, with the need to curb web-based payment frauds, this application category is expected to dominate the market during the forecast period. On the basis of enterprise size, the fraud detection and prevention market is bifurcated into large enterprises and small and medium enterprises (SMEs). Among the two, the large enterprises bifurcation held the larger market share in 2018, and it is also expected to dominate it in the forecast period.

Large enterprises are quickly adopting such software to protect their massive business data and information from any misconduct. Additionally, they have higher budgets, which gives them more purchasing power. Globally, North America held the largest share in the fraud detection and prevention market in 2018 and is projected to maintain its lead during the forecast period. The Asia-Pacific (APAC) region is expected to advance the most quickly during the forecast period, due to the rapid economic growth, establishment of large enterprises, and expanding IT domain in the region. 

This market research report provides a comprehensive overview of the drone analytics market

• Historical and the present size of the drone analytics market
• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential

The silicon on insulator market is expected to generate a revenue of $2,285.5 million by 2024, increasing from $684.8 million in 2018, progressing at a 22.7% CAGR during the forecast period (2019–2024). On the basis of wafer type, the market is divided into imager-SOI, photonics-SOI, power-SOI, partially depleted SOI, fully depleted SOI (FD-SOI), and radio-frequency SOI (RF-SOI). Among all these, the RF-SOI division held the largest share of the market in 2018, owing to the rising adoption of these wafers in advanced LTE smartphones. 

The category is further witnessing growth due to the increasing investments that are being made for the development of 5G network all over the world. The FD-SOI division is predicted to grow at the fastest pace during the forecast period, owing to the rising requirement for these wafers for ultra-low power applications, such as smart appliances and wearable devices. The cost efficiency of these wafers is further predicted to drive their demand in the near future. 

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As per a study by P&S Intelligence, the SOI market was dominated by the Asia-Pacific region in the past, with the region accounted for a market share of 55.4% in 2018. The rising focus on the introduction and expansion of 5G network services in South Korea, Japan, and China is the major reason for the growth of the regional domain. The region is further projected to exhibit the highest CAGR during the forecast period, owing to increasing adoption of smartphones. 

This market research report provides a comprehensive overview of the SOI market

• Historical and the present size of the SOI market
• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential

The demand for collaborative modular robotics systems (cobots) has especially been rising in the logistics industry. By making use of cobots, the human operator just needs to directly provide the parts to the robot, which will then perform the rest of the task. This lead to reduced cost, time, and floor space. The versatile nature of cobots allow them to take on a multitude of tasks with the help of suitable end-effectors. These robots are widely being used in the logistics industry for transporting and carrying loads. 

The global modular robotics market is predicted to attain a value of $15.1 billion by 2030, increasing from $5.6 billion in 2019, progressing at a 9.9% CAGR during the forecast period (2020–2030). On the basis of robot type, the market is categorized into collaborative modular robots, articulated modular robots, parallel modular robots, Cartesian modular robots, and selective compliance assembly robot arm modular robots. Out of these, the articulated modular robots category dominated the market in 2019. 

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These robots are widely being adopted in the automotive industry, majorly for handling heavy automotive parts. In addition to this, they are also being utilized in the metal and machinery industry for handling heavy metal components and sheets. The category is further predicted to account for the major share of the market during the forecast period. Other than this, the collaborative modular robots category is projected to grow at the fastest pace during the forecast period. 

This market research report provides a comprehensive overview of the modular robotics market

• Historical and the present size of the modular robotics market
• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential

The adoption of 3D printing has increased across various industries, including construction, manufacturing, automotive, and aerospace, over the past few years. The rising investments by public and private sector, growing requirement for improved product manufacturing processes, increasing need for mass customization, and surging demand for swift prototyping are the key reasons for the increasing adoption of 3D printing around the world.

The technology is being utilized for a number of applications, including 3D-printed vehicle seats, 3D-printed aircraft components, and 3D-printed prosthetics and implants.  Since the adoption of this technology has increased considerably, users are now also adopting innovative 3D printers for accurate prototyping and improved production capacity.

Because of this, the global slicing software market is projected to generate a revenue of $2,202.5 million by 2030, increasing from $422.2 million in 2019, exhibiting a 16.7% CAGR during the forecast period (2020–2030). After the CAD software is used for designing the object that needs to be printed, the creation has to be sliced. 

This is done by using slicing software, where the software efficiently translates the 3D drawing into something which can be understood and printed by the 3D printer. As 3D printers do not have the ability to translate a CAD drawing on their own, a slicing software is important for 3D printing. The major applications of slicing software are tooling, prototyping, and functional part manufacturing, out of which, the prototyping application created the largest demand for the software in 2019. 

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This market research report provides a comprehensive overview of the slicing software market

• Historical and the present size of the slicing software market
• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential

 

Different services offered under the salesforce software are execution, system management, and planning. Out of these, the demand for system management was the highest in the past, which is owing to the rising need for salesforce monitoring, as it provides smart alerts for supporting teams to prevent and predict major application-related issues.

Salesforce services have a number of applications, namely analytics, sales, marketing, and commerce cloud. Among these, the highest demand for salesforce services was created for sales application in the past. These services aid in customizing customer information together on an integrated platform, which, in turn, facilitates sales, marketing, effective customer service, lead generation, and business analytics. 

The global salesforce services market is predicted to attain a revenue of $55,307.6 million in 2030, increasing from $9,124.2 million in 2019, progressing at a 18.9% CAGR during the forecast period (2020–2030). Salesforce services can be deployed on cloud or on-premises, between which, the demand for cloud deployment was higher in the past. This can be attributed to the improved flexibility and scalability of cloud-based solutions, which further allow clients to customize services as per their requirements.

“Geographically, the salesforce services market is predicted to demonstrate the highest growth in North America in the forthcoming years”. “The usage of these services is also expected to be very high in Europe in the coming years”. This is primarily because of the increasing popularity of cloud services, large-scale incorporation of CRM solutions, rapid technological advancements, and increasing investments being made in the information technology (IT) sector in the various European and North American countries.

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This market research report provides a comprehensive overview of the salesforce services market

• Historical and the present size of the salesforce services market
• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential

Mobile phones have transformed from a simple ‘mobile phone’ to the lifeline of people. From making calls, which was the original purpose of the device, to ordering food and calling cabs, a vast array of tasks are now being performed via smartphones. These consumer electronics have become so popular that from 65% in 2019, their global penetration is expected to reach 80% by 2025-end, as per GSMA Intelligence.

The agency also estimates 5.8 billion unique mobile connection subscribers to inhabited the earth by the end of 2025. Be it anywhere, one thing in common with all mobile phone users these days is the demand for low tariffs. P&S Intelligence says that this is the primary reason the mobile virtual network operator market will grow from $62.2 billion in 2019 at a 6.5% CAGR between 2020 and 2030, to reach $127.1 billion by 2030. 

An MVNO is any mobile network provider who doesn’t own the infrastructure or the bandwidth; rather, buys it from mobile network operators (MNOs), who are actually the mobile network providers, in bulk, at wholesale rates. Since the MVNO doesn’t have to worry about installing and maintaining the expensive telecommunications infrastructure and paying the spectrum licensing fee, it is free to offer services at cost-effective rates.

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This is also of benefit to the leasing MNOs, many of whom have so much bandwidth that a large chunk of it otherwise remains unused, leading to losses. Another reason MVNOs are flourishing currently is the increasing demand for triple-play services. Till recently, cable TV connections, internet access, and fixed-line telephone services were provided via dedicated channels.

But now, the demand for triple-play services, wherein all three of the above-mentioned services are provided via a single internet fiber cable, is rising. Already popular in North America, the concept is expected to be taken up around the world in the coming years. Seeing the vast potential the concept holds in Africa and APAC, many new MVNOs are entering these regions.