Monday, 19 December 2016

Digital Signage Market Will Grow Rapidly On Account Of Education And Transportation Applications Till 2024: Grand View Research, Inc.



The global digital signage market is projected to reach USD 29,939.6 million by 2024, according to a new study by Grand View Research, Inc. Growing demand from end-use industries such as retail and healthcare is expected to drive industry growth over the next eight years. Creating and distributing content via digital signage serves as an effective marketing strategy for enterprises as it has a capability to reach large audience. This is anticipated to spur adoption particularly in the corporate sector. Larger screen sizes such as those over 50-inch displays are anticipated to gain popularity over the forecast period.
Digital displays with 4K technology is on the rise to address growing demand for image with high sharpness . Software providers have been targeting the new entrants by designing solutions compatible with Android OS. The emergence of IoT paired with increasing adoption of cloud computing is expected to enable collection of vital operational and marketing data. Use of digital signage drops the company’s long term operational cost by reducing the use of paper for advertising and incorporation of LED backlit panels have resulted in considerable energy savings which reduces the operational cost of an enterprise.


Further key findings from the study suggest:
·         Digital signage based on LCD technology dominated the global display industry in 2015 and accounted for over 50% of the overall revenue in the same year. Decline in the prices coupled with the advantages offered by this technology over alternatives such as plasma display is projected to fuel the LCD-based digital signage over the forecast period.
·         Retail accounted for over 40% of the total revenue in 2015 and is projected to remain the largest application segment over the next eight years. The healthcare sector has significant potential as hospitals have increasingly incorporated digital signage for numerous purposes such as sharing important registration information, display notifications, and conveying wellness tips for improving patients’ health.
·         Transparent LED screen is expected to witness significant growth owing to its energy efficiency capability and sophisticated design offering more than 80% transparent screen. Kiosks are significantly used in several application area primary such as the distributing terminal and is anticipated to account for more than 22% (in terms of revenue) of the total market share.
·         Growing number of hardware offerings with 4K-UHD and 8K displays is anticipated to dominate the component segment. Further, the surge in need for better sales capability with branding is expected to propel software demand.
·         North America accounted for the largest market share i.e. over 35% in 2015; growing demand across application areas due technologically advanced customer base is expected to favorably impact the regional market over the next eight years. Factors including demand for improved viewing experience, educational and government market development, decreasing price of display panels, and increasing spending on infrastructure development are likely to spur Asia Pacific market growth.
·         The industry has started showing signs of consolidation in the wake of a mini spate of M&A (X2O Media’s acquisition by Barco) and joint ventures (LG Electronics Inc. and MRI). Key vendors in the 9.1-inch and larger LCD panels space include LG Electronics Inc., Samsung Electronics Co. Ltd., Innolux Corporation and AU Optronics.

Browse more reports of this category by Grand View Research - http://www.grandviewresearch.com/industry/display-technologies

Grand View Research has segmented the global smart textile market on the basis of product, application, and region:
Digital Signage Technology Outlook (USD Million; 2014 - 2024)
·         LCD
·         LED
·         Front Projection
·         Others
Digital Signage Application Outlook (USD Million; 2014 - 2024)
·         Retail
·         Corporate
·         Banking
·         Healthcare
·         Education
·         Transportation
·         Others
Digital Signage Type Outlook (USD Million; 2014 - 2024)
·         Video walls
·         Video Screens
·         Transperant LED Screens
·         Digital poster
·         Kiosks
·         Others
Digital Signage Component Outlook (USD Million; 2014 - 2024)
·         Hardware
·         Software
·         Service
Digital Signage Regional Outlook (USD Million; 2014 - 2024)
·         North America
o    U.S.
o    Canada
·         Europe
o    Germany
o    UK
·         Asia Pacific
o    China
o    India
o    Japan
·         Latin America
o    Brazil
o    Mexico
·         Middle East & Africa




Monday, 5 December 2016

Physical Security Market Is Expected To Grow At A CAGR Of 11.3% From 2014 To 2020: Grand View Research, Inc.



The global physical security system market was valued at USD 51.94 billion in 2013. Rising security concerns and increasing budget allotment for physical security are expected to drive the market in the coming years. Technological advancement along with cost-effective security systems is projected to boost the demand for physical security over the forecasted period. The industry is likely to reach a value of USD 110.09 billion by 2020, growing at a CAGR of 11.3% from 2014 to 2020.
The physical security market is witnessing technological innovation from analog to incorporated IP networked system. These technological shifts include disseminated public address environment integrated with smart devices, ubiquitous sensors, video displays, video analytics and power access system. Rising security concerns from hardware, personnel, network and information infrastructure will also positively impact the market demand shortly.
The increasing adoption of innovative technologies such as cloud, intelligent and analytics-based security systems is anticipated to enhance the safety process across several industry verticals. Rising investment in hybrid solutions for real-time monitoring is expected to bolster growth over the forecast period.
Increasing migration towards Cloud-based security systems is an upcoming trend and is expected to witness significant growth in the coming years owing to cost-effective expenditure and lower false alarms response. The cloud-based security system comprises of various services such as IoT (Internet of things), the third-party safety, electronic security and mobile internet security practices.
Hardware components accounted for 75.4% of the overall market share in 2013 and is likely to witness growth at 11.5% CAGR by 2020. Hardware includes biometrics, RFID, video surveillance and card-based access. Rising terrorist attacks coupled with damages of the necessary infrastructure is likely to drive the segment over the forecasted period.
View summary of this report @ http://www.grandviewresearch.com/industry-analysis/physical-security-market
Further key findings from the study suggest:
·         Transportation was the largest application segment valued at USD 10.77 billion in 2013. Rising expenditure on infrastructure development and efficient transport system are the key reasons for growth. Although the segment is likely to lose its market share to other applications, it is expected to remain as the dominating segment by 2020 accounting for 20.1% of the overall industry.
·         Utilization of physical security in government-related applications is projected to witness a substantial growth at 12.7% CAGR from 2014 to 2020. Increasing safety measures across numerous domains of the government to protect classified information is expected to drive growth. BFSI solutions are delivering to data centers, corporate buildings, ATMs, data centers and cash depots. Technological advancement in IT, as well as rising smart-security demand, has widened the growth prospects of system security practices.
·         North America market accounted for 35.0% of the overall market in 2013 and is expected to grow in the near future owing to rising technological shift towards physical security system, supportive government regulations and growing demand from high-growth business verticals in the region. North America market is expected to reach USD 35.17 billion by 2020, growing at a CAGR exceeding 9.5% from 2014 to 2020.
·         Asia Pacific market is anticipated to witness significant growth on account of increasing demand for physical security system due to rising criminal activities. Asia Pacific market is estimated to reach USD 39.07 billion, growing at a CAGR of 13.6% by 2020. Rapid improvement of the mobile banking, ATMs, online payments and mobile payments has increased the concern level for user information administration.
·         Major industry players include Genetec Inc., Axis Communication AB, Honeywell Security Group, Morpho SA, Cisco Systems Inc and Bosch Security Systems Inc. The competitive growth strategy for the participants comprises of geographical expansion and customized network-based technologies.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/electronic-security-systems-and-devices            
Grand View Research has segmented the global physical security market on the basis of component, application and region:
Physical Security Component Outlook (Revenue, USD Billion, 2012 - 2020)
    • Hardware
            • Intrusion Detection & Prevention
            • Access Control
            • Others
    • Software
            • PSIM
            • Management & modeling software
    • Services
Physical Security Application Outlook (Revenue, USD Billion, 2012 - 2020)
    • Transportation
    • Government
    • Corporate
    • Hospitality
    • Energy
    • Retail
    • Industrial
    • Control Centers
    • Chemical Facilities
    • Others
Physical Security Regional Outlook (Revenue, USD Billion, 2012 - 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          


Thursday, 1 December 2016

Thermal Management Technologies Market Will Grow Rapidly Based Upon Augmented Demand In Automotive Applications Till 2024: Grand View Research, Inc.



The global thermal management technologies market size is expected to reach USD 20.14 billion by 2024, according to a new report by Grand View Research, Inc. The industry is primarily driven by the growth in the emerging trend of miniaturization of electronic devices and components.
Developments in the electronics industry have culminated in a considerable surge in the power densities, which have led to the introduction of smaller, smarter products. These advancements in the industry have led to an increased need for innovative thermal management technologies as they improve the system performance and reliability by avoiding the heat generated by the devices. The electronic packaging trend has increased the performance and reduced the size of the product. This has led to a significant increase in the power consumption of the system.
Advanced technological research is expected to produce more efficient and cost-effective thermal management solutions in the future. The key industry participants are extensively focusing on the development of optimized thermal management solutions that are cost-effective and are applicable across a range of end-use applications. However, the industry is anticipated to witness various issues associated with modularity in designing and reliability of modeling, which are presumed to challenge the growth over the forecast period.


Further key findings from the report suggest:
·         Stringent regulations as defined by the Network Equipment Building Systems (NEBS) and the European Telecommunications Standards Institute (ETSI) require telecommunication industry organizations to comply with certain thermal management industry standards
·         Current cooling technologies, standard heat sinks, and fans are rapidly approaching their cooling capacity limit, and thermal management is becoming a critical step in enabling enhanced product functionality
·         The thermal management software is anticipated to exhibit a significant growth in the near future owing to the increasing adoption of the software heat removal techniques and simulations to reduce moments of peak heat impact and reduce the risk of failure. The segment was valued a little over USD 700 million in 2015.
·         The application of thermal management technologies in consumer electronics is expected to grow at a significant rate over the next eight years. The growth can be accredited to the emerging electronic packaging trend to reduce the size of electronic components and increase the performance of consumer electronic products, leading to the growth in the power consumption of the system.
·         North America accounted for close to 35% of the global market share in 2015 and is expected to remain one of the key revenue-generating regions over the forecast period. The steady escalation in the use of heat dissipation solutions in organizations is projected to impact the regional industry growth favorably.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the thermal management technologies market on the basis of product, application, and region.
Thermal Management Technologies Product Outlook (Revenue, USD Million, 2014 - 2024)
·         Hardware
·         Software
·         Interface
·         Substrates
Thermal Management Technologies Application Outlook (Revenue, USD Million, 2014 - 2024)
·         Computers
·         Consumer Electronics
·         Telecommunication
·         Automotive
·         Renewable Energy
·         Others
Thermal Management Technologies Regional Outlook (Revenue, USD Million, 2014 - 2024)
·         North America
o    U.S.
o    Canada
·         Europe
o    Germany
o    UK
·         Asia Pacific
o    China
o    Japan
o    India
·         Latin America
·         MEA