Airport Information Systems Market to Showcase 7.2% CAGR with Increase in Air Traffic for Leisure and Business

The global airport information system market is largely consolidated with top five players holding nearly 86% of the overall market in 2015, reveals Transparency Market Research (TMR) in a new report. However, there exists several small players that provide software solutions at competitive prices, thereby intensifying competition in this market. Both large and small players are engaged in R&D to develop software solutions to serve domestic and international airports that meet functional and cost considerations. These efforts are likely to translate into notable growth of the market in the years ahead, notes the study.

 

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Key companies having presence in the global airport information system market include SITA, Rockwell Collins Inc., Amadeus IT Group SA, and Siemens Postal, Parcel & Airport Logistics, Resa S.A.S., and Velatia S.L.

According to the TMR report, the global airport information system market is predicted to attain a 

value of US$46,950.6 mn by 2024 end, rising at a CAGR of 7.2% between 2016 and 2024. By solution type, the segment of baggage processing currently leads the market and is likely to continue to remain at the fore. However, flight information and passenger processing segments are predicted to expand at a faster growth rate between 2016 and 2024. By geography, North America currently leads the airport information system market; the region held nearly 30% of the overall market in 2016. However, Asia Pacific is predicted to outdo in terms of growth rate between 2016 and 2024. The growth of this market is mainly because of a booming IT industry in India and China.

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3D Mapping and 3D Modelling Market – Increasing Numbers of Developing Cities and Smart Device Activities to Fuel Demand

According to a new report by Transparency Market Research (TMR), the global 3D mapping and 3D modelling market has a largely consolidated competitive landscape. Autodesk, Inc, NewTek, Inc. (Lightwave3D), Blender Foundation, The Foundry, Pixologic, 3D-Coat, Apple, Inc, Incorporated are the top players in this market and collectively, they acquired nearly 75% of the overall market in 2013. For the highest market share the market accounting was dominated by Autodesk Inc in the year of 2013.

These leading market players are continuously putting efforts to strengthen their positions in the global market share through the establishment of upcoming animation and video games production facilities. 3D mapping and 3D modelling companies are predicted to involve actively in joint ventures and strategic business partnerships over the forecast period, which is likely to grow the competition in this market, states the research report.

As per the report, the opportunity in this market, which was US$2,916.8 mn in 2013, is anticipated to expand at a healthy 6.4% CAGR from 2014 to 2020, rising to a valuation of US$4416.5 mn by 2020.

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Construction Sector to Surface as Leading End User of 3D Mapping and Modelling

The report considers mapping and navigation, 3D projection mapping, construction, healthcare, automobiles and video gaming as the key application areas of 3D mapping and 3D modelling. Among these, the demand for advanced 3D models and maps is significantly high in the construction sector. According to the analysts, the scenario will remain consistent over the forecast period as well.

In terms of geography, the research report segments the worldwide market for 3D mapping and 3D modelling into North America, Europe and Asia Pacific. With a share of 36.5%, North America led the global market in 2013. Rising number of restructuring of ancient buildings, castles, forts, and visualization of future construction projects stimulate the market growth in the region. The rising use of 3D modelling and mapping solutions for applications such as high resolution 3D geospatial data, developing 3D city models, traffic control and disasters also influences the market growth in this region, which is expected to remain high throughout the forecast period.

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Increasing Numbers of Developing Cities and Smart Device Activities to Fuel Demand

The market is chiefly driven by the continuous demand for 3D mapping and 3D modelling in various industries such as advertising, defense, public safety, and retail. In creating topographies in combat areas, 3D maps are finding increasing usage. 3D projection mapping is largely utilized in the retail and advertising industries for a number of promotional activities.

“Trends such as navigation and mapping by utilizing 3D mapping technologies in electronic devices are anticipated to lead to steady growth opportunities for the market,” states a research analyst at TMR. The rising population and the swift increase in urbanization and industrialization are resulting into a large number of construction projects. The market growth is also driven by this factor, as the consumers are highly concerned about visualizing the construction sites and models before starting of the actual process. In this way, development of connected infrastructure across the globe stimulates the market growth.

In addition to this, the shift in consumer preference from 2D mapping to advanced 3D models and maps is likely to boost the global market remarkably over the forecast period. However, 3D model related issues such as STL file format provides confusion about the object’s size, which may obstruct the market’s growth to an extent in the years to come.

Smart Education and Learning Market: Massive Open Online Courses By Renowned Foreign Institutions Driving Growth, says TMR

The ASEAN smart education learning market is extremely fragmented on account of a large number of educational institutions offering very similar education. It is therefore not surprising the competition level runs high in the Asians modification and learning market.   With increasing efforts and initiatives taken by governments across Asia to strengthen the online education and smart education facilities, there has been a rise in the number of players entering the market in the past few years. Governments are also offering grants and developmental policies which are encouraging new players to enter the market. Transparency Market Research (TMR) states in its new report on this market that in order for companies to make the most of the growing opportunities in smart education and learning market, it will be important to strive for product differentiation.

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According to TMR, the ASEAN smart education and learning market will rise to US$88.97 mn by 2020 and expand at a whopping 19.7% CAGR from 2016 to 2020. On the basis of geography, the Malaysian market will emerge as the leading contributor to the revenue of smart education and learning market. The high penetration of smartphones and highly developed state of the Information and Communication Technology (ICT) will fuel the growth of the Malaysia Market for smart education. Increasing initiatives taken by the government to promote the use of technology and education has boosted the use of desktops and Smartphones for delivering smart education to learners. Apart from Malaysia, Indonesia is also expected to emerge as a promising market for smart education and learning. The two countries combined, will exhibit a CAGR of 20.3% between 2016 and 2020. On the basis of the delivery model, the desktop/mobile based solution is anticipated to lead.

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Increasing Affordability of Smartphones and Easy Accessibility to High-Speed Internet Driving 

ASEAN Smart Education and Learning Market

According to the report, the growing use of Smartphones and high-speed Internet will be the two important factors which will drive the ASEAN smart education learning market. The affordability of Smartphones and easy accessibility has increased the use of mobiles in the education sector in the past few years. Malaysia, Singapore, Thailand have strong Information and Communication Technology infrastructure. This is also driving the use of technology for education purposes in ASEAN market. Implementation of projects integrating smart education and learning solutions and integration of ICT in schools is growing at an exponential pace. Educational institutions are making learning an interactive and technology-oriented process by introducing smartphones, digital whiteboards, tablets, smart boards, and virtual reality in classrooms.

The launch of ASEAN Economic Community (AEC) will fuel the demand for English language learning among the member countries of ASEAN which has resulted in English being the official language of (AEC). In addition to this, renowned foreign institutions have opened massive open online courses (MOOCs) which have propelled the demand for online courses in Asia and this will drive the growth of smart education and learning solutions market.

Use of State Of Art Technology and Tools Making Smart Education Unaffordable For Small-Scale Learning Centers and Institutions

The deployment of hardware, software, and tools is essential to start a smart learning facility and that requires high initial investment. Many of the tools involve state-of-the-art technology which means they are expensive and unaffordable for a large number of end users such as small learning centers and small-scale institutions. The high cost of smart education and learning tools will thus act as a challenge. Another factor which is expected to restrict the growth of this market is the availability of a large number of online courses and options to choose from. This creates a lot of confusion among students who become indecisive about the right selection of the course as well as the platform. On a positive note, however, virtual reality classrooms will fuel the growth opportunities within the market. Cloud computing, as well as real-time analytics in smart education, will also create significant growth opportunities.

Product Lifecycle Management (PLM) Market – Growing Demand for Automobile Industry to Boost the Market

The global market for product lifecycle management (PLM) is a highly competitive and fragmented due to presence of numerous global and local players. Furthermore, the arrivals of new players and their motive to expand their network globally are intensifying the competition. Furthermore, the changing technology is motivating prominent players to innovate their products to sustain their market presence. Transparency Market Research (TMR) has found that the declining profit margins and cut-throat competition are acting as major challenges for the players. Some of the leading companies in this market include Hewlett-Packard Company, Accenture PLC, IBM Corporation, Autodesk, Inc., Dassault Systems, Siemens AG, and PTC, Inc. However, the cumulative efforts of all the players to expand their revenue is most likely to help the global market grow over the forthcoming years.

Transparency Market Research in a report has estimated that the global product lifecycle management market was worth $40.26 bn in 2014. While expanding at a healthy CAGR of 8.1% over the forecast period 2015 – 2022, this market is projected to attain the market value  US$ 75.87 bn by the end of 2022.

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Based on deployment, the global market of PLM can be segmented into on-premise and cloud deployment. In 2014, on-premise segment contributed to a major share in the overall market owing to enhanced accessibility and security. However, the segment for cloud deployment is expected to exhibit an impressive growth over the forecast period due to its ability to reduce cost pertained to IT infrastructure and the emergence of digitalization. Geographically, North America accounted for a major share of 33% in the global market in the year 2014 due to high investments in the technology and the presence of high number of prominent players in the region.

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Growing Demand for Automobile Industry to Boost the Market

PLM solutions increase the productivity of a system significantly by providing various methodologies and tools that to reduce redundancies. Factors such as reduction in operational cost, productivity enhancement and the increasing need for product innovations are driving the global market for PLM solutions. Furthermore, various PLM vendors have initiated to offer numerous customized PLM solutions based on the needs and demands of the organizations, further helping the expansion of the market. The augmenting need for safety features in the automobile industry is another significant factor aiding  the growth of the market.

Transportation Management Systems Market : Quantitative Market Analysis, Current and Future Trends

Transparency Market Research (TMR) has recently published a market study on the global transportation management systems market. The research report, titled “Transportation Management Systems Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2022”, pegs the value of the global market at US$6.8 bn in 2013. Over the period from 2014 to 2022, analysts expect this marker to develop at a CAGR of 12.20% and reach an estimated value of US$19.2 bn by the end of the forecast period.

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According to the report, the rise in intermodal transportation is fuelling the demand for TMS solutions. The old TMS installations are in dire need of replacements, which is another significant factor driving the demand for transportation management systems. Apart from this, the increasing popularity of SaaS-based TMSs is also expected to stimulate the global transportation management systems market during the forecast period.The lack of awareness regarding TMS among end-use industries, coupled with high cost associated with installation of TMS, is hampering the smooth development of the worldwide transportation management systems, states the research report. However, the market study also states that the rising uptake of cloud computing and the integration of RFID in transportation management is likely to create opportunities for the players operating in this market.

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The report states that the on-premises system solutions dominated the global transportation management systems market in 2013 with majority shares. During the forecast period, the on-premise systems market is likely to witness a moderate growth rate, whereas the on-demand systems market is anticipated to exhibit tremendous development. Analysts also predict that the on-demand systems market may outpace the on-premises systems market by the end of the forecast period.Transportation and logistics market emerged as the biggest end user of TMSs in 2013, accounting for more than 50% of the overall revenue generated in the global transportation management systems market. The market segment is expected to retain its leading position over the forecast period, notes the market study.

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The global transportation management market is also segmented on the basis of geography in the research report. North America dominated the worldwide transportation management systems market in 2013, holding a majority share in terms of revenue. The rise in the demand for SaaS-based TMSs is considered as the main factor driving the growth in North America transportation management systems market. The regional market is likely to maintain its dominance during the forecast period.

Tablet and Smartphone Market – Consumer Response to products such as Apple iPad, Samsung Galaxy Tab, and Amazon Kindle tablets

The report, titled “Tablet Market and Smartphones Market: Global Database & Forecast (2010 2015)”, published by Transparency Market Research, studies the growth trajectory of the global tablets and smartphone market between the years 2010 and 2015. The report tracks the market for twof the most popular electronic devices of current times: smartphones and tablets. While the market for smartphones is one that saw unprecedented growth at a consistent pace over the entire past decade, the market for tablets has alsstarted gaining huge momentum in the past few years.

Sales of tablet computers saw a game-changing boost in the year 2011 when it increased by a never-before-seen 276.5% as compared tthe sales in 2010 and reached 17.8 mn units. The growth in sales can be highly attributed tthe extremely encouraging consumer response tproducts such as Apple iPad, Samsung Galaxy Tab, and Amazon Kindle tablets. Amazon’s Kindle tabs, especially, received exceptionally incredible response among the consumers and the ‘Fire’ version of the device sold about 3.5 million units only in the final 45 days of the year 2011. On a global-level, there were around 81.1 million units of tablet computers across the globe in 2011, and the number reached 388.8 million units by 2015.

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The report states that although smartphones are the primary competitor for the market of tablets, nearly 10% smartphone owners alshad a tablet computer by 2013. The market segment for communicator tablets has remained a niche segment in the market over the years.Form factor of tablets plays a highly crucial role in the overall consumer response tthe product. The report states that the largest number of tablets sold in the market between 2010 and 2015 had screen sizes ranging between 8 t10 inches and weight of the device was between 450 t900 grams (1 t2 lbs). The end-use segment of general consumers exhibited highest demand and sales of media tablet devices whereas business users preferred communicator business tablets more.

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Biosensors Market : Industry Analysis and Detailed Profiles of top Industry Players

The global biosensors market is predicted to witness vigorous growth in forthcoming years, according a report by Transparency Market Research (TMR). Currently, the global biosensors market is consolidated due to the involvement of few top organizations. Several emerging biopharmaceutical companies are expected to foresee great development in the field of biosensors monitoring devices. Leading companies in the global biosensors market are enforcing better product quality to sustain the growth in demand from various biosensor applications. Some of the leading companies in the global biosensors market are Abbott Point of Care, Inc., LifeScan, Inc., AgaMatrix, Inc., LifeSensors, Inc., Nova Biomedical Corporation, Medtronic, Inc., F. Hoffmann-La Roche Ltd., Animas Corporation, and Siemens Healthcare.

TMR’s report predicts that the global biosensors market is predicted to progress from US$12.4 bn in 2013 to US$21.6 bn by 2020, and is expected to rise at a healthy 8.10% CAGR over the forecast period.

The segment of electrochemical biosensors represented a leading market share of more than 70% of the worldwide biosensors market in 2013. The segment is anticipated to keep up its dominant position over the forecast period 2014 to 2020. Factors that have contributed toward the large share electrochemical biosensors segment in the global biosensors market are the growing applications for the discovery and early determination of a few diseases, for instance, diabetes and tuberculosis. Furthermore, electrochemical biosensors have become extremely popular among the scientists because of appeal from the worldwide market for the determination of the substance of an organic example.

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Rising Demand for Point of Care Testing to Provide Rich Market Opportunity

Early and exact disease determination or diagnostics is basic for survival of the patient and fruitful anticipation of the disease. In the current years, the demand for dispensable, straightforward, cost-productive, and easy to understand equipment with quick reaction time has risen widely. Biosensors attributable to their capability to satisfy these criteria through an interdisciplinary blend of methodologies from restorative science, science, and nanotechnology have paved a way for the product swiftly in the therapeutic field.

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Biosensors for estimating blood metabolites, for example, lactate, glucose, creatinine, and urea, utilizing both optical and electrochemical methods of transduction, are as a rule routinely utilized for the purpose of care testing, research centers, and for self-testing on account of glucose checking. Biosensors have applications in different segment in the health care industry.