Monday 8 August 2016

Web Real-time Communication Solution Market to Grow at a CAGR of 45.2% through 2025

Future Market Insights (FMI) delivers key insights on the Global Web Real-time Communication (RTC) Solution Market in its latest report titled “Web Real-time Communication (RTC) Solution Market: Global Industry Analysis and Opportunity Assessment, 2015–2025”. The global Web RTC solution market is projected to expand at a CAGR of 45.2% during the forecast period due to various factors, regarding which FMI offers vital insights in detail in its report.
On the basis of type, the market has been segmented into solution and service segments. The solution segment accounted for over 50% share of the global WebRTC solution market in 2014, and is expected to witness a decline of 1,570 BPS in its market share by the end of 2025.On the basis of services, the market is segmented into consulting service, implementation service, integration service and maintenance service. Revenue contribution by the maintenance service segment was 9.3% in 2014, which is projected to increase to 13.7% by the end of 2025, witnessing gain of       440 BPS and expanding at an anticipated CAGR of 54.0% during the forecast period.
Deployment model includes public cloud, private cloud and hybrid cloud segments. The hybrid cloud segment is anticipated to expand at the highest CAGR of 48.6% during the forecast period. In contrast, the private cloud segment is projected to dominate the global WebRTC solution market with 52.6% share by the end of 2025.
Application wise, the market has been segmented into social networking, gaming, voice calling, video conferencing and others. Among applications, the video conferencing segment dominated the market with 44.3% share in 2014 and is projected to continue its dominance, accounting for 50.3% share of the overall market by the end of 2025.
Vertical includes BFSI, public sector, manufacturing sector, transportation and logistics sector, healthcare sector, media & entertainment sector, IT & telecom sector, retail sector and energy & utility sector. In 2014, the healthcare sector, media & entertainment sector and IT & telecom sector collectively accounted for 57.7% share of the overall WebRTC solution market.
Growth of the global WebRTC solution market is mainly driven by rising demand for real-time communication, increasing number of Internet and social networking users, growing focus on enhancing customer experience and widening application areas of these solutions. Additionally, WebRTC solutions and services providers are focusing on the introduction of advanced developer tools for enhancement of WebRTC APIs in order to enable easy development of real-time multimedia web apps.
This report covers trends driving each segment and respective segments, sub-segments and offers analysis and insights of the potential of the WebRTC solution market in specific regions. By region, North America dominated the WebRTC solution market with over 35% market share in 2014, followed by Western Europe with 22.7% market share. North America is projected to remain the largest market for WebRTC solutions over the forecast period, driven by increasing demand for cost-effective and user-friendly browser-based real-time communication solutions by contact centers and other verticals in the region. This, in turn, is encouraging key players to introduce vertical-specific WebRTC solutions and services in North America.   
Some of the key players identified in global WebRTC solution market are Avaya Inc., Google Inc., Cisco Systems, Inc., IBM Corporation, Huawei Technologies Co., Ltd., Ericsson AB, TokBox Inc., Mitel Networks Corporation, AT&T Inc., Plivo Inc. and Twilio, Inc. Major players in the market are currently focusing on strengthening their position in digital technologies and integrated communication services by acquiring other major players. In addition, these players are focusing on providing flexible and customised cloud-based communication platforms, such as WebRTC platform, to cope up with the changing customer demands.

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Thursday 4 August 2016

Digital Wound Measurement Devices Market to Grow at a CAGR of 4.7% through 2025

Future Market Insights (FMI) delivers key insights on the global digital wound measurement devices market in its upcoming outlook titled, “Digital Wound Measurement Devices Market: Global Industry Analysis and Opportunity Assessment, 2015 – 2025”. In terms of value, the global digital wound measurement devices market is projected to register a healthy CAGR of 4.7% during the forecast period due to various factors, about which, FMI’s report offers vital and detailed insights.
The market is segmented on the basis of wound type, end user and region. On the basis of wound type, the market has been segmented into diabetic ulcer, chronic wounds, burns, incisional wounds and traumatic wounds. The diabetic ulcer segment is estimated to account for 43.1% share of the global digital wound measurement devices market by end of 2015, and is expected to register a CAGR of 5.0% in terms of value during the forecast period (2015–2025). In terms of revenue, Asia Pacific excluding Japan (APEJ), North America and parts of Western Europe are estimated to be major contributors to the diabetic ulcer segment by the end of 2015. Increasing prevalence of chronic diseases and growing ageing population are projected to further fuel market growth during the forecast period. The burns segment is expected to exhibit a CAGR of 5.5% in terms of value during the forecast period.
Growth of the global digital wound measurement devices market is primarily driven by increase in prevalence of chronic diseases, growth in geriatric population and product innovation. The trends which are driving the growth of this market are like, players in this market are continuously developing and introducing newer and advanced medical devices and products through technological innovation, to cater to steadily increasing shift from traditional wound measurement devices to newer and more advanced options. Other trends driving market growth include extensive research and development by key players in the market, manufacturers eyeing intravenous digital wound measurement devices market share and expansion of healthcare sector in Asia Pacific due to growing investments by major players. Moreover, players in the market are continuously developing and introducing new and advanced medical devices and products through technological innovation to cater to steadily increasing shift from traditional wound measurement devices to advanced options. This in turn, is expected to bolster digital wound measurement devices market growth during the forecast period.
This report assesses trends driving each segment and offers analysis and insights about the potential of digital wound measurement devices market in specific regions. North America is estimated to dominate the digital wound measurement devices market with 43.7% share by the end of 2015. Western Europe and APEJ are collectively expected to account for over 45.4% of the total digital wound measurement devices market share, in terms of value by end of 2015. The APEJ market is projected to witness the highest CAGR of 4.2% over the forecast period,followed by Eastern Europe. North America is expected to dominate the digital wound measurement devices market with 45.5% market share by end of 2025. Chronic wound type segment is expected to account for US$ 513.1 thousand by end of 2025.
Key players in the global digital wound measurement devices market covered in the report, namely, ARANZ Medical and Wound Zoom Inc. focus on making substantial investments in research and development activities to enhance the digital wound measurement devices quality,minimiseside effects and maximize efficacy, in order to gain competitive advantage and create high entry barriers for new players attempting to enter the digital wound measurement devices market.

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Tuesday 2 August 2016

Automotive HUD Market Poised to Rake US$ 1,728.8 Mn by 2025

Future Market Insights (FMI) delivers key insights on the Global Automotive Head-up Display (HUD) Market in its upcoming report titled “Automotive Head-up Display (HUD) Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025”. The global automotive HUD market is projected to register a healthy double-digit CAGR of 23.2% in terms of value and 30.6% in terms of volume during the forecast period due to various factors, regarding which FMI offers vital insights in detail in its report.
The global automotive HUD market is segmented on the basis of product type into windshield and combiner. Out of these, combiner segment accounted for over 30% of the global automotive HUD market share in 2014. In contrast, the windshield segment, which dominated the global automotive HUD market in 2014, is expected to remain the dominant segment till 2022 end. However, contribution of combiner segment is anticipated to increase at a comparatively higher double-digit CAGR as compared to windshield segment during the forecast period. Furthermore, revenue contribution of combiner segment was 32.8% in 2014 and is projected to increase to 53.1% by 2025, thereby gaining 1,940 Basis Point Share and registering a double-digit CAGR of 28.9%.
On the basis of passenger car type, the global automotive HUD market is segmented into mid-size, premium, luxury, sports utility vehicle (SUV) and sports car. Of these segments, premium cars dominated the global automotive HUD market in 2014. However, SUV and sports car segments are anticipated to register higher CAGRs during the forecast period. In addition, luxury car segment is estimated to account for over 18% share of the global automotive HUD market in 2014 and is projected to lose 130 Basis Point Share during the forecast period.
Based on sales channel distribution, the global automotive HUD market is segmented into OEMs and aftermarket. Out of these two, OEMs dominated the global automotive HUD market in 2014, and is expected to continue its dominance throughout the forecast period. On the other hand, the aftermarket segment accounted for over 32% share of the global automotive HUD market in 2014.
This report covers trends driving each segment and offers analysis and insights of the potential of the automotive HUD market in specific regions. North America dominated the automotive HUD regional market with approximate 32.7% regional market share in 2014, closely followed by Western Europe with 31.2%. Western Europe and Eastern Europe collectively accounted for over 43% of the automotive HUD regional market share in 2014. Among all the regions, Asia Pacific is anticipated to register the highest CAGR between 2015 and 2025 in terms of both value and volume, followed by Middle East & Africa and Latin America due to increasing penetration of the luxury cars segment in these regions, coupled with rise in purchasing power of consumers.
Some key players identified in the global automotive HUD market are Continental AG, Delphi Automotive LLP, Denso Corporation, JOHNSON CONTROLS, MicroVision, Inc., Nippon Seiki Co. Ltd., Robert Bosch GmbH, YAZAKI Corporation, Visteon Corporation and Harman International Industries Inc. These players continue to increase their global presence by expanding into emerging markets via mergers and acquisitions and introduction of innovative products. In 2015 for example, Continental AG completed acquisition of Elektrobit Automotive Group to expand its expertise in automotive software solutions. Major Participants such as Continental AG, Denso Corporation, Nippon Seiki Co. Ltd. and Robert Bosch GmbH focus on research and development activities to innovate features in their HUD systems in order to attain a sustainable advantage over competitors. Apart from the above mentioned strategies, these major players also focus on promotional activities and partnerships with various major automotive OEMs such as BMW AG, AUDI AG and Mercedes-Benz AG.

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Monday 1 August 2016

Automated Breast Ultrasound System (ABUS) Market to Grow at a CAGR of 8.1% through 2025

Future Market Insights (FMI) delivers key insights on the global ABUS market in its upcoming outlook titled, “Automated Breast Ultrasound System (ABUS) Market: Global Industry Analysis and Opportunity Assessment, 2015 - 2025”. In terms of value, the global ABUS market is projected to register a healthy CAGR of 8.1% during the forecast period due to various factors, regarding which, FMI offers vital insights in detail. The global ABUS market is projected to register a CAGR of 8.5% in terms of volume during the forecast period.
On the basis of end user, the market has been segmented into hospitals and diagnostic imaging laboratories. The hospitals segment is estimated to account for 54.2% share in the global ABUS market by 2015 end, and is expected to register healthy CAGR of 8.2% in terms of value over the forecast period. In addition, in terms of volume, the segment is expected to record a CAGR of 8.7% during the forecast period. In terms of revenue, the hospitals segment is currently witnessing major contribution from Asia Pacific, North America and parts of Western Europe. Moreover, research and development on ABUS is likely to further fuel market growth during the forecast period. The diagnostic imaging laboratories segment is expected to record a CAGR of 8.1% and 8.5% in terms of value and volume respectively during the forecast period.
Growth of the global ABUS market is mainly driven by increasing prevalence of breast cancer, growing radiology market, government advocation for breast cancer awareness and extensive research and development for enhanced imaging techniques. Other trends driving market growth include strategic alliances among key players in the market, manufacturers eyeing mammography market share and expansion of healthcare sector in developing countries due to growing investments by major players. In addition, surge in demand for advanced medical devices owing to increasing health awareness and growing disposable income is cumulatively anticipated to result in increased spending on enhanced medical services. This in turn, is anticipated to bolster ABUS market growth during the forecast period (2015–2025).
This report covers trends driving each segment and offers analysis and insights into potential of the ABUS market in specific regions. North America is estimated to dominate the ABUS market with 42.0% market share by 2015 end, and is anticipated to remain dominant by 2025. North America and Western Europe collectively are expected to account for over 74% in the total ABUS market share in terms of value by 2015 end. Among all the regions, Japan is anticipated to register the highest CAGR in terms of value and volume respectively between 2015 and 2025, followed by North America due to increasing installations of ABUS owing to breast cancer prevalence and consumer concerns for early detection of breast cancer in these regions. Mammography X-ray is preferred as a gold standard technique for breast cancer detection among consumers especially in Asian countries. This lowers adoption of automated techniques used for detecting breast cancer and hence, offers opportunities for multiple modalities primarily for automated breast ultrasound system supported by regulatory approval for the same and offering additional diagnostic confidence to the patient as well as the radiologist.
Key players in the global ABUS market such as General Electric Co., Siemens A.G., Hitachi Ltd. and SonoCiné Inc. focus on making substantial investments in research and development activities to enhance product portfolio to offer competitive advantage and in turn, create high entry barriers for players entering ABUS market.

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Smart Elevator Automation System Market Will hit at a CAGR of 16.2% from 2015 to 2025

Future Market Insights (FMI) delivers key insights on the Global Smart Elevator Automation System Market in its latest report titled “Smart Elevator Automation System Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025”. The global smart elevator automation system market is projected to expand at a healthy double-digit CAGR of 16.2% during the forecast period due to various factors, regarding which FMI offers vital insights, in detail, in this report.
On the basis of service, the market has been segmented into equipment installation services, repair & maintenance services and modernization services. The equipment installation service segment accounted for over 57% share of the global smart elevator automation system market in 2014, and is expected to expand at a CAGR of 14.6% over the forecast period. The modernisation service segment is anticipated to expand at the highest CAGR of 18.1% during the forecast period.
Among all the end users, the residential sector is anticipated to be the largest segment, accounting for 44% share of the overall smart elevator automation system market, by the end of 2025, followed by the commercial sector, accounting for over 30% market share. The components of the smart elevator automation system include ─ card reader, biometric, touch screen and keypad, security and control system, sensor, motor and automation system and building management system. In 2014, the sensor, motor and automation system segment dominated the market, accounting for 69.2% share of the overall segment, and it is expected to remain dominant with a 68.2% market share by the end of 2025. The security and control system was the second largest segment in 2014 and is projected to expand at the highest CAGR of 19.5% during 2015-2025.
Growth of the global smart elevator automation system market is mainly driven by increasing demand for energy efficient and high speed elevators, rising investment in infrastructure development projects, growing population and increasing urbanisation in big cities of the world. Major players in the smart elevator automation system market are focusing on developing advanced destination dispatch solutions to gain competitive advantage. For example, in early 2015, ThyssenKrupp Elevator AG developed an intelligent connected monitoring system for smart elevators in collaboration with Microsoft Corporation and CGI Group Inc., to optimize the availability of elevators utilizing IoT capabilities.
This report covers trends driving each segment and respective sub-segments of the market, and offers analysis and insights on the potential of the smart elevator automation system market in specific regions. By region, Asia Pacific Excluding Japan (APEJ) dominated the smart elevator automation system market with over 32% share of the overall market in 2014 and is anticipated to remain dominant till the end of 2025. This is attributed to the significant increase in number of high-rise buildings in big cities in emerging economies, such as China and India, and rise in public expenditure on infrastructure development projects in the region. High-rise buildings in major countries of North America, such as the U.S. and Canada are increasingly equipped with smart elevator automation systems. This is attributed to the government regulations related to the usage/installation of smart elevator automation systems for ensuring safety. Western Europe and Eastern Europe collectively accounted for over 29.8% share of the overall smart elevator automation system market in 2014. Among all the regions, APEJ is anticipated to expand at the highest CAGR between 2015 and 2025, followed by Latin America and Japan. The MEA region is projected to expand at a CAGR of 13.4% over the forecast period, owing to rapid implantation of smart elevator automation systems in high rise buildings in GCC countries.
Key players in the global smart elevator automation system market include KONE Corporation, United Technologies Corporation, ThyssenKrupp Elevator AG, Tyco International Limited, Fujitec Co. Ltd. and Mitsubishi Electric Corporation. Strategic partnerships, collaborations and joint ventures are some of the major strategies followed by key players operating in the smart elevator automation system market to outperform competitors.

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