Tuesday, December 15, 2020

Global Automated Fingerprint Identification (AFIS) System Market|COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2022

 Global AFIS (Automated Fingerprint Identification System) Market is expected to reach USD 33,395.2 Million by 2026 at a CAGR of 23.8% during the forecast period. Market Research Future (MRFR), in its report, envelops segmentation and drivers to provide a better glimpse of the market in the coming years.

Market Overview

Automated fingerprint authentication system providers offer various technologies such as fingerprint and palm print identification, positive identification, palm and slap matching, enhanced search sending to other AFIS, live scan units, mugshot systems, criminal history systems, etc.   

Competitive Analysis

The Key Players of the Global AFIS (Automated Fingerprint Identification System) Market are 3M Cogent, Inc. (U.S.), Safran Identity & Security (U.S.), NEC Corporation (Japan), M2SYS Technology (U.S.), Afix Technologies Inc (U.S.), Biometrics4ALL (U.S.), Fujitsu (Japan), Cross Match Technologies, Inc. (U.S.), HID Global Corporation (U.S.), M2SYS Technology (U.S.) among others.  

Segmental Analysis

Global AFIS (Automated Fingerprint Identification System) Market has been segmented based on Component, Type, End-Users, and Region.

Based on search type, the global market has been segmented into latent searches, ten-print searches. The ten-print searches systems segment accounted for the largest market share of 56.2% in 2018, with a market value of USD 56.2 million; it is expected to register a CAGR of 24.8% during the forecast period. The latent searches segment was the second-largest market in 2018. Ten-print searches require all ten fingers to be scanned by the fingerprint scanner. These are generally used in law enforcement, government records, elections, border control, and immigration applications. These fingerprints are known as latent prints and are collected through photography. Latent searches for fingerprints are used in criminal investigations and serve as important pieces of evidence that can help link a crime to potential suspects. Latent fingerprints are invisible and are generally formed when the body’s natural oils and sweat are deposited onto another surface through fingers.

By end-user, the market has been segmented into BFSI, retail and consumer goods, transportation, healthcare, government, education, hospitality, and others. The government segment accounted for the largest market share of 22.0% in 2018, with a market value of USD 1,368.9 million; it is expected to register a CAGR of 23.9% during the forecast period. Rapid digitization of banks and financial institutions and the growing need to have a strong customer and employee identification protocols to prevent identity theft and fraud has led to significant investment in AFIS. AFIS helps in increasing customer trust in banking and financial institutes and in improving overall brand reputation. The retail industry is one of the fastest-growing industries across the globe. Although it was hit severally due to the ongoing novel coronavirus pandemic, the industry is slowly and steadily reviving and is expected to recover by next year (2021). To make identifying patients easier, facilities have started partnering with companies specializing in biometric fingerprint identity recognition. Law enforcement agencies and various intelligence bureaus use AFIS to identify criminals and carry out an effective criminal investigation. The demand for AFIS is increasing in the transportation industry largely due to continuous investments by enterprises in comprehensive solutions.

The global AFIS (Automated Fingerprint Identification System) Market, by region, has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. North America accounted for the largest market share of in 2018, with a market value of USD 2,755.3 million; the market is expected to register the highest CAGR during the forecast period. Asia-Pacific was the second-largest market in 2018. North America dominates the AFIS (Automated Fingerprint Identification System) Market based on the region due to existing infrastructure and major players’ presence in this region. Due to rapidly growing government initiatives across various sectors such as automotive, transportation, retail, and consumer goods, Asia-Pacific was the second largest region.

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Global Next-Generation Memory Market|COVID-19 Impact, Research Report- Forecast till 2022

 The global next-generation memory market and its growth depend on many factors significantly, which is expecting growth at 45% CAGR during the forecast period (2016-2022), reveals Market Research Future (MRFR). Also, during this growth course, the market might gather a valuation of USD ~8 billion.

Top Impacting Factors

The next-generation memory market is likely to gain momentum in support of the factors such as mounting demand for high scalable as well as fast and economical memory solutions. With rising data, there is an increasing necessitate to manage and store the data and information for future references. The market players are actively aiming to provide power conservation technologies along with improved efficiency in the next generation memory market, which could lead to its market in the forecast period.

More factors such as diminishing profit margins for traditional memory technologies are also anticipated to be a key factor for the development of next-generation memory market, and that could provide faster and efficient storage methods. In fact, the growing demand for mass storage and universal storage devices is also in line to favour market growth over the assessment period. With this, MRFR also files that rising demand in various applications such as industrial and replacement of flash memory may offer new opportunities for market growth over the forecast period. Also, mounting demand for flexible and wearable electronics may provide new avenues for market growth in the coming years.

Furthermore, more factors such as intrinsic benefit with non-volatile memories, technological advancements for storage, high growth in the wearable electronics industry, rising adoption of MRAM & PCM memory rise in the practice of next-generation memory in smartphones, and enterprise storage also motivate the market growth over the forecast period. On the contrary, some other factors, such as soaring designing cost and stability in extreme environmental conditions, could hinder market growth over the next six years. In addition to this, low write endurance rates may act as a restraint to the next generation memory market.

Segmentation

The further purpose of this study, Market Research Future has segmented the market of next-generation memory market among product and application.

By the segment of the product, the market has included non-volatile memories, which further include Magneto-Resistive Random Access Memory (MRAM), Phase Change Memory (PCM), Ferroelectric RAM (FeRAM), and Resistive Random Access Memory (Re RAM. And volatile memories have included Static Random Access Memory (SRAM) and Dynamic Random Access Memory (DRAM).

By the segment of the application, the market has included consumer electronics, Manufacturing IT and telecommunication, and aerospace and defence. Among these consumer electronics have included laptops, tablets, mobile phones, and IPods.

Regional Outlook

Regionally, North America occupied the largest market share, majorly owing to high investments for technologically advanced products and rising adoption of MRAM, DRAM, and PCM memory.

Asia-Pacific region also could expand in the forecast period, 2017-2022, majorly in support of mounting demand for smartphones and tablets and manufacturing hub for wearable electronics.

The Asia Pacific could also become the key regional market over the forecast period owing to the incidence of top industry participants in countries such as South Korea, China, Japan, and India, and more. In fact, the expanding computer and mobile phone market are also likely to favour the regional next-generation memory market over the next six years.

Variant interface technologies thus include DDR, SATA, SAS, PCIe, and I2C, etc. DDR interface. These are majorly used high speed and memory demanding applications such as networking, industrial, and telecommunication equipment. They are also used in workstations, servers, and graphic cards. DDR has the aptitude to obtain data on rising as well as falling edge of a clock cycle, which multiplies the data rate for a given clock frequency. SATA interface is chiefly used in computer systems and laptops. PCIe interface is appropriate for all computer applications, including enterprise servers, consumer personal computers (PC), communication systems, and industrial applications for buffering applications.

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Thursday, December 10, 2020

Power over Ethernet Market Research Report|COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2022

 The global Power over Ethernet market is foreseen to expand at a CAGR of 13% and attain USD 1 Bn over the forecast period 2016-2022; reveals a recent study by Market Research Future (MRFR). 

Market Overview

Power over Ethernet (PoE) is a technology that carries electrical current by data cables rather than by power cords and provides power to different devices from the same Ethernet cable. It reduces the number of wires required to install the network and supports a wide range of devices. PoE offers numerous benefits from network efficiency as well as cost standpoint. PoE does not require AC/DC power supplies and outlets. It facilitates simplified, faster and lower cost of installation. PoE enables centralized power management, eases and accelerates changes and temporary deployments, and also offers low maintenance cost and less downtime. PoE finds its application is various commercial, residential and industrial sectors. The rising energy cost and adoption of PoE in the commercial sector are bolstering the growth of the market. Focus on smart power budgeting is the prime stimulant in the growth of the market. Technology feasibility of delivering high power and the robustly growing market for VoIP services and growth in the end-user market are likely to augment the demand for Power of Ethernet. PoE is the best option for industrial based Ethernet switch systems as it facilitates installation of field-based devices without a separate power cabling supply. It is also helpful in reduction of numerous separate remote power supply units. PoE is being intensively deployed in smart homes due to the increased demand for automation and control for centrally managing electrical system and appliances, hence contributing to the market growth. Governments of various countries are investing in Ethernet infrastructure and development of smart grids which is aiding the growth of the market. Powered Device Controllers are being increasingly used in IP cameras, wireless access point and PoE enabled devices. The growing expansion of the IoT is stimulating demand for PoE connectivity in IP cameras, smart lighting luminaries, Feature-rich video IP phones. Furthermore, the rising demand for network security cameras are expected to drive the demand for PoE. The global Power over Ethernet market is foreseen to expand at a CAGR of 13% and attain USD 1 Bn over the forecast period 2016-2022; reveals a recent study by Market Research Future (MRFR). Even though the market is expected to expand at a substantial pace, the growth might be hindered by lack of knowledge and customer inertia regarding PoE, and the capital-intensive nature of the market which restricts the entry of new participants.

The global power over Ethernet market has been segmented based on types, power to port, application, and end-users. By types, the market has been segmented into power sourcing equipment controllers & ICs, and powered device controllers &ICs. The powered device controllers &ICs segment accounts for the most significant market share. By power to port, the market has been segmented into Up to 15.4W, Up to 30W, Up to 60W, and Up to 100W. By application, the market has been segmented into security and access control, LED lighting and control, connectivity, infotainment, and others. By end-users, the market has been segmented into residential, industrial and commercial. By types, powered device controller & ICs dominates the market.

Regional Analysis

Regionally, the global Power over Ethernet market has been segmented into North America, Europe, and Asia-Pacific. North America accounts for the largest share of the market owing to the presence of major players in the region. Additionally, highly developed IT sector and telecom industry gives North America a competitive edge over other regions. Europe too is a lucrative market for Power over Ethernet; U.K. and Germany are the major contributors of the region. The Asia-Pacific market for Power over Ethernet is expanding due to growing IT industry in emerging countries of the region; China as a manufacturing hub is adopting PoE in various industries.

Competitive Landscape

The global PoE market is highly competitive and appears to be highly fragmented with the presence of various local, regional and international players. The existing market participants are investing in intense R&D to develop new products.

The eminent players operating in the market include Axis Communications AB (Sweden), Texas Instruments, Inc. (U.S.), Linear Technology Corp. (U.S.), Microsemi Corp. (U.S.), Silicon Laboratories, Inc. (U.S.), Maxim Integrated Products, Inc. (U.S.), STMicroelectronics N.V. (Switzerland), Broadcom Ltd. (U.S.), ON Semiconductor (U.S.), and Monolithic Power Systems, Inc. (U.S.) among others.

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Network as a Service Market Research Report|COVID-19 Impact, Worldwide Analysis, Competitive Landscape, Future Trends, Opportunities, Sales, Revenue and Regional Forecast till 2022

 Network as a service (Naas) is a business model that provides virtual networking service and is utilized to integrate cloud networking framework and cloud computing services. Market Research future (MRFR) has recently published a detailed report suggesting that the global market for NaaS is anticipated to expand from USD 35.3 Bn in 2016 to USD 126.8 Bn by 2022 at a strong CAGR of 28.4% during the forecast period (2016-2022)

Market Drivers and Restraints

Rapid development in network virtualization, increasing demand for cloud computing and adoption of cloud-based services over the traditional practices, and inclination towards subscription-based (pay per use) business models are some of the major drivers that are empowering the proliferation of the global network as a service market. The emergence of software-defined networking (SDN), network virtualization, rise in the need for global connectivity and increasing awareness about the economic benefits of NaaS are factors inducing the demand for NaaS in the global market. The challenges faced by global enterprises network for supporting the distributed workforce in multiple international locations is creating a huge demand for NaaS and is expected to grow the NaaS market globally. Potential benefits of network as a service such as reduction in network traffic, optimization of bandwidth usage, faster deployment, network transparency, reduced hassle for network management and maintenance are positively impacting the expansion of the global NaaS market. However, privacy data security and privacy concerns are likely to hinder the growth of the global NaaS market.

Market Segmentation

The global network as a service market has been segmented on the basis of type, service, component, deployment and end-user. On the basis of type, the NaaS market is segmented into local area network (LAN) and wide area network (WAN). By service, the market is divided into network virtual function (NVF), WAN connection, data center, bandwidth on demand and others. Component of NaaS market includes infrastructure and technology service. By deployment, it is divided into on-cloud and on-premise.

The end-users of NaaS includes IT and telecommunication, BFSI, manufacturing, healthcare, retail, transportation and others. Due to the growing application of NaaS and constant adjustment for cost-effective IT infrastructure operations, IT & communication and BFSI are expected to dominate the global NaaS market during the forecast period.

Detailed Regional Analysis

By region, the global network as a service market is segmented into North America, Europe, Asia-Pacific and the rest of the world. Inclination towards the adoption of advanced technology, intense research and development in telecom industry, increase in the number cloud-based services and other factors are driving the market in North America. This region is anticipated to hold the largest market share during the forecast period. Expanding telecommunication network, adoption of cloud-based services and interment in IT infrastructural projects in developing economies is fuelling the growth of NaaS market in Asia-Pacific region and it is anticipated to project the fastest growth in the global NaaS market. Whereas, the market in the European region is profited due to extensive government initiatives, leading to the expansion of NaaS market in this region.

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Global Wi-Fi as a Service Market Research Report|COVID-19 Impact, Demand, Industry Size, Top Players, Opportunities, Sales, Revenue and Regional Forecast till 2022

 To understand the long term impact of COVID 19 is covered in this report. Market Research Future has noted that the global Wi-Fi as a Service market 2020 is showing potential to rise while recording USD 5 Billion by the year 2022; after it gained USD 1 Billion back in the year 2016. Therefore, the pace of growth could rise by 38% (annual rate of growth).

Market Overview

In the recent past, mobile phones and previous electronic devices have quickly become ubiquitous objects, which have led to an exponential rise in the demand for effective data connectivity. Nowadays, high-speed data connectivity is almost obligatory for any workplace to function efficiently, which has dealt with the demand for advanced Wi-Fi technology. Wi-Fi technology is surging as it permits electronic devices within range to connect with wireless LAN networks (WLAN), which may be password protected or sometimes open. Devices such as personal computers, tablets, Smartphones, digital cameras, and modern printers are compatible to connect to the internet via Wi-Fi. These features have helped the market to expand at a high pace, which could score more valuation in the coming years.

MRFR finds that gaining from increasing dependency on the internet and advancements in cloud-based services, the global Wi-Fi as a service market is estimated for a robust growth rate during the forecast period. With this, other numerous factors are driving the global market for WaaS in a positive direction, which has included the rising demand for centralized management, reduced cost of ownership, remote troubleshooting, and low capital expenditure. Also, the consequent need to deliver digital mobility tools, a strong emphasis on employee empowerment, and the globalization of businesses are further augmenting the demand.

Moving further, the rising numbers of medium-sized organizations are adopting Wi-Fi as a service owing to its improved agility and efficiency, cost-effectiveness, fast deployment, and labour management. Besides, Wi-Fi as a service is also primed to modernize the transportation and logistics sector. All these have scored to be influential factors that would lead the market’s growth in the future as well as during the short term impact of COVID 19.

Segmental Analysis

The global market for Wi-Fi as a service can be bifurcated on the basis of hardware, service, location, organization size, and industry.

In terms of hardware segment, the Wi-Fi as a service market has included Gateway, Wireless Access Point, Wireless LAN Controller, antenna, Wi-Fi as a service.

In terms of location, the market has included Outdoor and indoor.

Wi-Fi as a service by service segment has included Support and maintenance and network planning and design as well as Cloud access Point.

In terms of organization size, the Wi-Fi as a service market included Large Scale Business and Small & Medium scale business, and more.

In terms of industry segment, the Wi-Fi as a service market has included education, retail, manufacturing, and healthcare.

Region-Wise Analysis

By the range of geography, global Wi-Fi as a service market has been studied among the regions of Asia Pacific, Europe, North America, and the rest of the world.

North America is proposed to hold the largest market share and lead the Wi-Fi as a Service Market in the forecast period. This would happen due to massive investments in cloud-based solutions, the presence of quantity players, and the initial implementation of new & evolving technologies. North America contributes to an enormous projecting market for Wi-Fi as a service owing to a healthy organization and favourable administrative strategies.

On this note, the APAC region is in the early growth phase, and also it is the wildest growing region for the overall Wi-Fi as a Service market. The focal cause for the high evolution rate in APAC is the expanding demand for economical Wi-Fi services among small and medium enterprises in this region.

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Global Managed Services Market Research Report|COVID-19 Impact, Business Revenue, Future Scope, Market Trends, Key Players, and Forecast till 2022

 Market Research Future (MRFR), in its new report on the world managed services market 2020 states several factors that can impel the market. As per MRFR study, the managed service market is likely to rise at 16.2% CAGR across the review period. MRFR findings also shows that the managed service global market can value at USD 417.1 Bn by 2024. The growing utility of managed services across business enterprises to support offload IT operations and allow third-party service are creating high need for managed service providers (MSPs).

Market Snapshot

Enterprises are highly focused on core business activities and in the development of different strategies. The availability of different managed services that offer remediation services, support and maintenance services, network management, database management, monitoring services, security services, managed contact centre services, managed storage, server management, disaster recovery, enterprise mobility management, web hosting, and application hosting among others.

Market Segment

The segment study of managed services market is based on service type, vertical, and organization size.

The service type based, managed services market segments are managed data centre services, managed security services, managed collaboration services, cloud services, network services and testing, and managed mobility services among others. The cloud services segments are cloud brokerage services, cloud service orchestration, and cloud migration service among others. Managed data centre services segments are change management services, and monitoring services among others.

Managed security services segments are threat detection monitoring services, identity and access management, incident response services, and vulnerability services among others. Managed collaboration services are unified communications and unified contact centre among others. Managed mobility services segments are application lifecycle management, expense management, and mobile device management.

The network services and testing segments are operation services, design services, and implementation services among others. Data and Information management and BSS/OSS managed service are other segments. The organization size based, managed services market are large enterprises and SMEs. The vertical based, the managed services market segments are education & research, retail & e-commerce, BFSI, IT & telecommunication, energy & utilities, healthcare, industrial/manufacturing, and others.

Regional Analysis

North America managed services market is expected to rise exponentially shows MRFR analysis. The world managed services market highest share is likely to be backed by North America due to the ease of availability of technical expertise and expansion of the IT sector. The market size in North America across the review period is expected to increase as key developers of managed services are present in high number and they are investing heavily in research and development undertakings to introduce innovations with better performance and high reliability. These factors are expected to prompt the managed service market in the US. The presence of Cisco Systems, Inc., DXC Technologies, and IBM Corporation can aid in the expansion of the market. In Europe, the managed service market can owing to the high rate of adoption of IoT technology and cloud platform solutions. The rising in managed service requirement across the UK and the rest of the EU can contribute largely to expansion of Europe managed services market.

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Global Digital Camera Market Research Report|COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2022

 Eastman Kodak company (U.S.), koninklijke Philips N.V (Netherlands), Pentax corporation (Japan), Samsung group (South Korea), Panasonic corporation. (JAPAN), OLYMPUS Corporation (Japan), Fujifilm Holdings Corporation(Japan),SONY Corporation.- (Japan), Nikon Corporation(Japan), Canon Inc. (Japan)  are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Mobile Security Market.

Market Overview

A digital camera uses an electronic image sensor to create still photographs and record video. The optical system of a digital camera works like a film camera, in which a typical lens and diaphragm are used to adjust electronic image sensor lighting. Digital cameras equip amateur and professional photographers with multiple automated control functions. Advanced digital cameras facilitate manual control of most functions.

Digital cameras are integrated with a wide range of digital devices, ranging from personal digital assistants (PDA) and mobile phones to the Hubble and Webb Space Telescopes. Digital photography is adaptable and compatible with email, CD/DVD, TV and computer monitors, the Web and may be stored on a PC. Some digital cameras have a built-in GPS receiver, which is used to produce geotagged photographs.

The big advantage of digital cameras is that making photos is both inexpensive and fast because there is no film processing. Interestingly, one of the biggest boosters of digital photography is Kodak, the largest producer of film. Kodak developed the Kodak PhotoCD format, which has become the de facto standard for storing digital photographs.

The international market for digital cameras is envisioned to witness robust advancement in the near future with the rising income levels of consumers and technological developments such as HD quality cameras and automation using touch screen. The popularity of digital single lens reflex (SLR) cameras is another major reason for the global market to rapidly gain traction compared to the corresponding markets. It is anticipated that the digital SLR cameras market will grow vastly on the back of falling prices, rise of digitalization, easier usage, and strong demand in similar markets. Moreover, digital SLR cameras have emerged as a significantly growing segment with superior picture quality in the offering.

The emergence of smartphones with excellent lens quality is expected to hamper the sales of point-and-shoot devices. The evolution of photo apps in smartphones has drastically impacted the sales of digital cameras. In-built photography features such as filters, HDR, portrait capturing, landscape capturing, and brightness control in smartphones is expected to have an adverse effect on the market.

Competitive Analysis

The Market of digital camera appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms. Prominent vendors of digital camera are targeting to invest more in technology and research and development activities to innovate their already existing products. The rising government funding is also expected to motivate key companies to invent new Mobile Security modules that match the changing trends and needs across the globe. An ever-increasing emphasis has been observed among digital camera industry on inbound lead generation over branding-oriented efforts.

Segmentation

The digital camera market can be segmented in to 5 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by product type: Comprises digital single lens reflex (DSLR), bridge camera, compact digital cameras, digital rangefinders, built-in lens, non-reflex.

Segmentation by sensor type: Comprises CCD sensor, CMOS sensor, Foveon X3 sensor, LiveMOS sensor

Segmentation by Components: Comprises lenses, sensors, LCD screen, memory card and among others.

Segmentation by application: Comprises commercial and residential

Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Regional Analysis

Makers of digital camera in countries such as India, china awaits to take hold of the money making growth and countries like United States and European market testify mature conditions. North America had been dominant market in recent years. In the global digital camera market Europe, and the United states are foreseen to steal the honor from the other markets of the world. Asia Pacific is expected to be the largest and fastest growing regional segment. This can primarily be attributed to rising purchasing power and relatively lower product penetration.

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Portable Gaming Console Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers Forecast To 2027

  Portable Gaming Console Market Global Market   - Overview The demand for portable gaming console demand is growing very rapidly due to its...