Thursday, April 19, 2018

Gas Sensors Market – Global Industry Size, Share, Trends, Analysis and Forecast 2018

The global market for gas sensors was valued at USD 1,664.8 million in 2012 and is expected to grow at a CAGR of 5.7% during the forecast period from 2012 to 2018 and reach USD 2,328.3 million by 2018. Strengthening government regulations for safety at workplace and emission control are primarily driving the market for gas sensors. Gas sensors are used for detecting concentration of different combustible and toxic gases and are witnessing increased demand from industrial, petrochemical and automotive sectors. Gas sensors in industrial applications are used for detecting gas leaks and monitoring indoor/outdoor air quality. It helps in detecting the presence of toxic and combustible gases and thus prevents mishaps.
Gas sensors are devices that detect the concentration of gas and convert it into an electrical signal. Varieties of gas sensing technologies are used for this purpose. Some of the major technologies used include electrochemical gas sensing, semiconductor gas sensing, PID (photoionization detector) gas sensing, catalytic gas sensing, infrared gas sensing, solid state gas sensing and others. Gas sensors based on electrochemical and semiconductor gas sensing technologies are the most popular and are commonly used for detecting toxic and combustible gases.

Low cost and high efficiency of electrochemical and semiconductor gas sensors are responsible for driving the demand for these types of gas sensors. They together, accounted for a share of over 35% of the total gas sensors market in 2012. Gas sensors based on electrochemical technology cost around USD 40 per unit. Gas sensors based on semiconductor technology cost only USD 2 to 5 per unit. Infrared technology based gas sensors are the most expensive and cost around five times that of electrochemical technology based gas sensors (around USD 200 to USD 250). Infrared gas sensors, also known as precision gas sensors are generally preferred for high-end industrial applications where high level of specificity and accuracy is required. Sensors based on PID gas sensing technology are preferred for detection of volatile organic compounds. Catalytic sensors are extensively used for detecting combustible gases such as methane, hydrogen, butane and others.

Some of the major end-user industries utilizing gas sensors include medical, building automation, domestic appliance, environmental applications, petrochemical industry, automotive industry, industrial applications and others. Industrial sector comprises manufacturing and process industries. It is the largest end use industry for gas sensors in terms of revenue generation. Growing concerns towards occupational safety and government mandates for emission control are primarily driving the demand for gas sensors. Automotive industry is another important contributor to the global gas sensors market. The need for better comfort and safety in automotives has led to incorporation of different types of gas sensors in automobiles for cabin air quality, monitoring fuel emission, and others. Asia Pacific is the largest automotive market globally, and rising use of gas sensors in automobiles for different applications has significantly contributed to the share of Asia Pacific in the global gas sensors market. Presently, the global gas sensor market is dominated by Europe; however, Asia Pacific is expected to surpass Europe and become the leading regional market for gas sensors globally, by 2015.
City Technology, owned by Honeywell is currently leading the global gas sensors market with a share of around 28% followed by Alphasense with around 15% share in 2012. Other important players engaged in gas sensors manufacturing include Membrapor, Dynament, Figaro Engineering, Draeger, Robert Bosch, and others.

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Wednesday, April 18, 2018

POS Terminal Market-Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Global POS Terminal Market: Snapshot

The global POS terminal market is anticipated to expand a whopping 11.5% CAGR from 2017 to 2025 on account of the rising acceptance of POS terminals across Healthcare, retail, warehouse distribution, and hospitality sectors, asper Transparency Market Research (TMR). This market is characterized by the presence of a large number of players. The presence of numerous players is making this market extremely competitive but this competition will prove to be a positive influence for the growth of the market as this will inspire players to continually adopt advanced technology and come up with improved solutions. The market is expected to witness the entry of many new players during the forecast period.
POS terminals have several advantages including efficient maintenance of customer database, fast processing of bills, efficient inventory management, improved maintenance of customer loyalty programs, and management of special discount offerings.


Mobile POS Terminals to See Increased Adoption in Future

In terms of terminal types, it is expected that in the years to come the fixed POS terminal will lead as against mobile type POS terminals. The fixed terminal accounted for a whopping 94% aftermarket in 2016. In the years to come however, it is anticipated that the adoption rate of mobile and wireless POS terminals will also increase on account of the ease of use, cost-effectiveness, and mobility as compared to the conventional POS which are fixed. The demand for mobile POS terminals is expected to increase among small and medium-sized businesses on account of the rising affordability. The growing penetration of smartphones and tablets is a key factor behind the growth of the mobile and wireless type POS terminals.

Retail to be Most Lucrative Application Area for POS Terminals

Among the various application areas of POS terminals such as grocery, supermarkets, restaurants, hospitality lodging, field service, healthcare, retail, government, and warehouse/distribution, the retail application area is leading on account of the rising popularity of technology driven payment options among small-scale retailers. The fastest growth however, is expected to be displayed by the healthcare sector in the years to come. With a 13.1% CAGR from 2017 to 2025 the healthcare sector will display a healthy growth in the years to come within the global point-of-sale terminal market. the warehouse application segment will also experience a healthy growth on account of the growing popularity of mobile POS terminals.

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North America to Continue to Lead in POS Terminal Market Due to Booming Retail and Entertainment Sectors

In terms of components, the POS hardware segment is expected to lead. The POS hardware segment includes physical inventory scanner, pin pad, receipt printer, tag printers, wireless barcode scanners, cash drawer, payment terminal reader, workstation, and accessories. On the basis of geography North America leading the market in 2016 accounting for 30% of the total revenue achieved within the point-of-sale terminals Market. The booming retail and entertainment sector in North America was behind the growth of the POS Terminal Market in the region. The rising adoption of POS terminals among quick service restaurants and small retailers will continue to drive the growth prospects of the point-of-sale terminal market in North America. The market in this region is also driven on account of the compliance requirements such as MasterCard, Europa, and Visa which is in place in this region in order to ensure enhanced security of payments.

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Internet of Things (IoT) Data Management Market-Global Industry Analysis, Size, Growth, Trends, Forecast 2025

A network of networks in which large number of devices, objects and sensors are connected to provide value-added services, is what defines IoT. With the advent of IoT and the technologies emerged from it, such as connected devices and the way they communicate, hosts a huge amount of data that needs to be managed. From traffic management system or equipment in a factory to energy meters in a home, smart devices create a large volume of data which demands for data storage, processing, networking, and analytics.

IoT enables the virtualization of physical world through interconnection of sensors, smart devices and machines. It embraces simple tags that convey location & identity, devices with sensors & capacity to communicate results, internetworking to distribute that data and infrastructure to store & present the data.


Traditionally, most transactional systems handle data every few minutes, but with IoT it’s a totally different scenario. A device or sensor that monitors humidity, temperature or any other variables, generates data that is required to be handled every millisecond by backend systems. The convergence of IoT Platforms, data management, cloud, and solutions is enabling the further advancement in data analytics which signifies various intangible and tangible benefits from IoT data. The capability to sort data in one format, store it in different format, and successively release it for further analytics, is of vital importance for industry verticals.

The market is defined by data analytics, data integration, metadata management, and data security. The key factors driving the growth of the market include rise in need for data traffic management, growing importance of automation and transformation of data warehouse architectures. The value of connected devices is in the data that these device collect. The growth of the IoT ecosystem increasingly drives platforms and to analyze real-time data streams coming from multiple data sources that helps to predict & optimize business processes, resolve threats and improve efficiency & profitability. Growing data intrusion threats and the rising adoption of data encryption techniques for IoT device security are also some of the factors that are driving IoT data management market growth in the forecast period. Various government initiatives, such as telematics programs and smart city projects, are also favoring the implementation of IoT data management solutions.


However, digital & physical security and privacy continue to hinder the adoption of IoT data management market. The requirement for interoperability on different systems for storing, managing and analyzing data has further restricted adoption of this market.


 The global IoT data management market is segmented on the basis of component, deployment type, organization size and application area. Based on the component, the market is segmented into solution and services. The solution component is further segmented into data integration, data analytics, metadata management, data security, data migration and others. The service component is categorized into managed services, consulting services and support & maintenance services. On the basis of deployment type, the IoT management market is segmented into private cloud, public cloud, and hybrid cloud. The organization size is categorized into small & medium-sized enterprises (SMEs) and large enterprises. Moreover on the basis of application, area the market can be segmented into smart energy & utilities, smart manufacturing building & home automation, smart healthcare, smart retail, smart mobility & transportation, connected logistics and others.

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Water Quality Monitoring Market -Global Industry Analysis, Size, Growth, Trends, Forecast 2025

Water is the most important and basic natural resource. Water quality refers to physical, biological, radiological and chemical characteristics of water. It is a measure of water condition relative to any human need or purpose. Clean water is necessary to drink, operate factories, laboratories, grow crops for food etc. Water is thus important to every aspect of our lives. Large number of toxic chemicals are discharged in rivers everyday by virtue of human waste and industrial chemicals. Thus, monitoring water quality becomes the need of utmost importance. Monitoring the quality of water is going to help protect waterways from pollution. It helps in revealing the composition and health of rivers, lakes and streams in time. Without fresh water sustainable development will not be possible. Water quality monitoring is defined by International Standard for Organization as “the programmed process of measurement, sampling and subsequent signaling or recording or both of water characteristics with the aim of evaluating conformity to specified objectives”. Water quality can be determined only in terms of appropriateness for a purpose. For instance, water which is to be used for agricultural irrigation should contain low sodium content. Similarly drinking water should not contain micro-organisms or chemicals that could be hazardous to health. Water quality monitoring is the basis for water management. Monitoring enables the government to take rational decisions on describing and identifying emerging and actual problems of water pollution. It also helps in setting priorities and formulating plans for water quality management. Water quality monitoring provides the objective evidence to determine compliance with water standards. Based on monitored data water managers and law makers can determine if water quality is getting worse or better and measure effectiveness of water policies. End of the day, quality monitoring is an essential part of preserving the planet healthy and sustainable.


In recent years, industrial waste and toxic chemicals are increasingly discharged in rivers and other water resources that is calling for need for water quality monitoring. Also increasing government funding for pollution control and monitoring is driving the water quality monitoring market. The growing awareness of water quality measurement owing to rising level of water pollution is also driving the water quality monitoring market. However, high cost associated with water quality testing products and technical limitations related to water monitoring products are restraining the growth of water quality monitoring market. Moreover, lack of awareness about water quality among rural people in developing countries is also the restraining factor for the growth of the market. Advancement in technologies associated with water quality monitoring equipment and growing popularity of smart city concept is expected to create opportunities for the growth of water quality monitoring market. Additionally proliferation of IoT enabled devices for tracking and collecting data thereby enabling remote water quality monitoring is also creating opportunities for the growth of water quality monitoring market.



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Tuesday, April 17, 2018

Programming Language Market -Global Industry Analysis, Size, Growth, Trends, Forecast 2025

Programming language is a kind of formal language that has a specified set of instructions which is used to produce different output. Programming language generally includes instruction for the computer in order to implement some specific algorithms. Rise in the adoption of cloud computing technologies is one of the primary driving factors of growth for the programming language market. Cloud computing technology is gaining traction over the years owing to the ease of corporate training, which in turn is likely to deliver training to the learning crowd. Wider implementation of Learning Management Systems (LMS) has enabled employees and students to access the learning material as per their interest and convenience. Blending learning models along with online learning have spurred the growth in usage of cloud computing technologies. Rise in open source online educational resources may hamper the growth of the programming language market over the forecast period. Rise in preference for automation in work processes has led to the growth of the programming language market over the last few years. Escalation in the trend of online learning is expected to fuel the growth in demand for programming language over the forecast period. With the advent of new technologies such as artificial intelligence and machine learning tools, there has been an upsurge in the demand for programming language. A shift from hardware to software enabled technology is expected to fuel the growth of the programming language market over the forecast period. Unprecedented growth of data across various end-user industries is expected to spur the demand for programming language over the forecast period.


The programming language market has been bifurcated by product and end-user. By product, the market has been segmented into boot camp, online, and classroom. The classroom segment held the dominant share as it allows students to communicate on a personal basis with the instructor and learn advanced level programming such as R, SAS, and Python. By end-user, the programming language market has been segmented into academic and corporate. Corporate held the dominant share of the programming language market in 2016 and is likely to retain its position over the forecast period. The corporate sector involves training in-house as well as in training institutions. It facilitates a learning experience involving both online and offline activities for employees. There has been considerable investment for the development of data analytics in order to derive business insights from unstructured data.



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IT Operations Analytics Market -Global Industry Analysis, Size, Growth, Trends, Forecast 2025

Virtually for every organization performance of IT resources is a very crucial factor. IT environments have become complex, which are leading to performance problems without the cause being identifiable. This is leading to loss of revenue because of customer dissatisfaction, chronically frustrated end-users and heavy workload for the IT departments. Various new technological possibilities are arising to measure and detect issues and take necessary actions. IT Operations Analytics (ITOA) is one of them. ITOA is an approach to retrieve, report and analyze data for IT operations. It extracts meaningful information from the raw data collected by monitoring technologies and converts them into actionable business insights. In an ongoing work, ITOA produces more effective and more efficient support for business processes. The implementation of this technology makes the IT organizations adaptable and more versatile. The availability of IT resources is also greatly improved leading fewer malfunctions and fewer delays. The key to success lies in making performance predictable and detection of possible problems before they become the risk. Thus, in short, the implementation of ITOA results into more agile organizations, making cost-efficient IT investments and strengthening of organizations in terms of IT security. The impact of IT operation analytics is performance improvement and improvement in operational efficiency. In recent years there has been a growing trend among producers, consumers and distributors to integrate intelligent devices, pervasive broadband networking, social networking and analytics which is redefining the relationships among various stakeholders.



In today’s business environment, reduction in IT risks has become very critical and important factor. The complexity of dynamic infrastructure tests IT organizations driving them to adopt innovative technologies, accurately predicting how services perform. Hence the optimization of IT operations is driving the adoption of IT operations and analytics market. However, frequent operational changes in IT organizations is restraining the growth of ITOA market. Also, operational analytics requires continuous ingestion of variety of data which result in large data volumes. This poses challenges to integrating, managing and quality of diverse data sets. This is a big challenge for the organizations. The role of IT in organizations is changing from a facilitating to directing. The organizations that are going to deploy IT as a strategic asset for its business processes in the coming years are expected to reap benefits from this which is expected to create opportunities for the growth of the ITOA market during the forecast period. The amount of data generated and collected by different organizations is increasing enormously on a daily basis owing to adoption of IoT, BYOD in organizations and increasing use of social media and mobile. Hence, big data analytics is expected to create large opportunity for the growth of IT operation analytics market.



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Mobile Game Handle Market -Global Industry Analysis, Size, Growth, Trends, Forecast 2025

Global Mobile Game Handle Market: Snapshot

The global market for mobile game handle has been gaining substantially from the significant rise in the younger generation, who are extremely interested in mobile and video games. The rise in disposable income of consumers, allowing them to own high-end mobiles, is another important factor that has been boosting the growth of this market considerably. The market, however, have held a limited share over the past few years on account of the high popularity of gaming consoles and PC games. The availability of limited storage and space in mobiles is likely to further hamper this market in the years to come.

The worldwide market for mobile game handle reports its presence across Asia Pacific, North America, Europe, the Middle East and Africa, and Latin America. Among these, Asia Pacific has surfaced as the leading regional market and is expected to remain seated on this position in the near future. The significant advancements in the field of telecommunication in Asian economies, such as China, Japan, and India is the main factor behind the remarkable rise of the Asia Pacific mobile game handle market.

Mobile games are a kind of video game played in any smartphone, smartwatch, personal digital assistant (PDA), tablet computers, and in featured phones. Accelerating demand for mobile games is expected to expand the growth prospects of the mobile game handle market during the forecast period.


In recent years, a rising population base coupled with rise in disposable income is driving the demand for mobile games. Asia Pacific economies such as China, Japan, India, and South Korea are experiencing surging demand for mobile games. This region has witnessed increasing investment in telecommunication networks and rapid advancement in telecommunication infrastructure drives the growth prospects of the mobile game market as well. Increasing internet penetration in remote areas also drives the demand for mobile games, thus projecting high growth prospects for the mobile game handle market over the forecast period. Mobile game handles help to control the speed and movement of mobile games, and thus gamers find it easier to use these handles while playing games on electronic gadgets. With the rising spending on electronic gadgets, the market for mobile game handles witnesses an escalating growth rate in recent years.

However, mobile games tend to have a limited platform owing to the popularity of PC or console games. One of the major constraints of the mobile game platform is its limited storage and space which is also restraining the growth prospects of the mobile game handle market. Moreover, there is growing demand for augmented reality based gaming platforms. In case of augmented reality based games, developers provide the facility to play the game in innovative designs and over visual spectacle. Hence, the advent of augmented and virtual reality platforms is set to limit the scope of the mobile game handle market over the forecast period.


With the gradual innovation of Android and iphone operating system (iOS), the mobile game market is expected to witness flourishing demand over the forecast period. Apple iphones come up with different features and these features are added to mobile game programming also, thus making these mobile games more attractive. Mobile game operators incorporate innovative features to Google Android phones and this factor is likely to augment the market prospect of mobile games over the forecast period. Rising demand for mobile games is thus likely to expand the growth prospects of the mobile game handle market over the forecast period.


 The mobile game handle market is segmented into three segments on the basis of type and the segments are Android handle, iOS handle, and Microsoft Windows handle. Android handles are projected to hold the largest share in the mobile game handle market over the forecast period. Owing to low prices and their user friendly nature, Android phones have secured the largest position in terms of sales volume in recent years. However, developers bring several varieties of iphone operating system apps that are developed in recent years and that promotes the market demand for iOS handles during the forecast period.

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