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Showing posts from June, 2015

The Global Market for mHealth Services is Projected to Reach US$22.9 Billion by 2020

Convergence of Mobile Technology & Healthcare Spurs the Global mHealth Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on mHealth (Mobile Health) Services. The global market for mHealth Services is projected to reach US$22.9 billion by 2020 , driven by spiraling sales of smartphones, growing awareness over p roactive self-care, and development of innovative apps to address healthcare issues. mHealth (mobile health) represents an alternate solution to traditional high-cost healthcare services. By enabling the use of smartphones, tablets, and PDAs to access critical healthcare information and leverage value-added services, mHealth benefits patients as well as healthcare providers. mHealth enables remote monitoring of chronic diseases, thus reducing the pressure on hospitals and healthcare facilities and minimizing healthcare expenditure considerably. Given the current challenging healthcare envi

Internet of Things Ecosystem is Projected to Reach 27.8 Billion Connected Autonomous Things by 2020

Developments in Digitization & Networking Drives the Concept of Internet of Things, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Internet of Things (IoT). Internet of Things ecosystem is projected to reach 27.8 billion connected autonomous things by 2020 , driven by rapid developments in digitization & networking and growing efforts to bring all electronic devices under the digital fold. Essentially the future of information technology, Internet of Things (IoT) revolves around connecting passive objects into “Things” that can generate, receive and send data using IP connectivity. IoT enables the creation of an information-rich ecosystem that enriches the modern connected way of life. As the platform for bringing billions of electronic gadgets into the digital fold, IoT represents the most disruptive technology of the 21 st century, attracting an explosion of venture capital investments. Def

The Global Market for Human Machine Interface (HMI) Solutions is Projected to Exceed US$5.0 Billion by 2020

Strong Growth in Industrial Automation Drives the Global Human Machine Interface (HMI) Solutions Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Human Machine Interface (HMI) Solutions. The global market for Human Machine Interface (HMI) Solutions is projected to exceed US$5.0 billion by 2020 , driven by strong growth in industrial automation, technological advancements, and robust demand from end-use industries. Human machine interface (HMI) solutions comprises a broad gamut of hardware and software solutions that can range from input buttons of a phone to control panels used in the most complex industrial machinery. Popularly known as User Interface (UI), Man Machine Interface (MMI) or Operator Interface Terminal (OIT), HMI represents a platform for communication and information exchange between electromechanical systems/machines and human beings. Modern HMI solutions are full-fledged ‘enterpr

The Global Market for Mobile Wallet is Forecast to Reach US$2.7 Trillion by 2020

Proliferation of Smartphones & Mobile Internet Drives the Global Mobile Wallet Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Mobile Wallet. The global market for Mobile Wallet is forecast to reach US$2.7 trillion by 2020 , driven by the proliferation of smartphones, Tablet PCs, mobile Internet, strong governmental support for cashless transactions, and the convenience offered by mobile payments. Mobile wallets or digital wallets hold the potential to revolutionize the payment industry, and usher in the era of cashless societies. Digital wallets are emerging as a disruptive model threatens to erode the market for traditional plastic cards and change the dynamics of the electronic payment (e-payment) industry. Mobile phones are poised to take over the roles of physical wallets, including ID storage and payments. Following a slow start, the global eWallets market is gaining momentum, leverag

The Global Market for Gigabit Wi-Fi Access Points is Projected to Reach US$5.8 Billion by 2020

Need for High-Speed Wi-Fi Connectivity & Rise in WLAN Upgrades to Drive the Gigabit Wi-Fi Access Points Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Gigabit Wi-Fi Access Points. The global market for Gigabit Wi-Fi Access Points is projected to reach US$5.8 billion by 2020 , driven by the need for high-speed Wi-Fi connectivity and the ensuing rise in WLAN upgrades. As a special purpose communication device that receives and transmits data between wireless devices in a network, Access Point (AP) is one of the key enablers of WLAN deployment. In addition to establishing connectivity between different users in a WLAN, APs also serve as a point of interconnection between WLAN and the fixed wired network. APs allow wireless devices in the LAN to connect to the Internet and can handle numerous connections between multiple devices. APs are critical for providing highly secure and reliable outdoo

The Global Market for Paper-Thin Displays is Projected to Reach US$19.6 Billion by 2020

Rising Demand for Devices with Thin & Flexible Displays Drives Growth in the Paper-Thin Displays Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Paper-Thin Displays. The global market for Paper-Thin Displays is projected to reach US$19.6 billion by 2020 , driven by the increasing consumer demand for thin and flexible displays in portable electronic devices. Paper thin displays (PTDs) refer to a type of ultra-thin displays with thickness equivalent to a sheet of paper. Key benefits of PTDs spurring their popularity include lightweight, shatter-proof, and bendable features. Paper-thin displays are emerging as the display of choice as they work without a backlight and are also reflective. Paper-thin displays not only offer a good reading experience, but also enable energy savings. Also, compared to organic light emitting devices (OLEDs) and transmissive liquid crystal displays (LCDs), the outd

The Global Market for Multi-Core Processors is Projected to Reach US$116.3 Billion by 2020

Escalating Computing & Performance Requirements to Drive the Global Market for Multi-Core Processors, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Multi-Core Processors. The global market for Multi-Core Processors is projected to reach US$116.3 billion by 2020 , driven by rising demand for faster computing speeds, and spiraling sales of portable computing devices. Multi-core processing is a CPU architecture wherein two or more processors are integrated onto a single integrated circuit. Multi-core architectures are gaining prominence in the semiconductor and electronics industries, with new smartphones featuring dual, triple, quad, and octa core processors. With consumers and businesses demanding enhanced computing performance from their devices, semiconductor companies are migrating to multi-core processors as an alternative to single core processing systems. A key factor driving smartphone proc

The Global Market for Technical Textiles is Projected to Reach US$168.3 Billion by 2020

Robust Demand from Construction & Automotive Sectors Drives the Global Technical Textiles Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Technical Textiles. The global market for Technical Textiles is projected to reach US$168.3 billion by 2020 , driven by robust demand from the construction and automotive sectors. Technical textiles are advanced textiles known for their excellent functional properties and technical performance. An exciting multidisciplinary field with exhaustive applications in various industries, technical textiles is poised to witness strong growth. Supported by superior performance attributes, applications of technical textiles are far reaching, ranging from simple use in agriculture, furnishing, packaging and clothing to the more complicated filtration, construction, medical, automotive, and environmental protection applications. Robust growth in construction and infr

The Global Market for Gesture Recognition is Projected to Exceed US$12.7 Billion by 2020

Expanding Applications to Drive the Global Gesture Recognition Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Gesture Recognition. The global market for Gesture Recognition is projected to exceed US$12.7 billion by 2020 , driven by technology advancements, high accuracy and convenience attributes, expanding applications, and proliferation of consumer electronic devices. In today’s digitized world, processing speeds continue to increase at a rapid pace supported by "Moore's law". However, human-machine-interface technologies continue to pose serious limitations in terms of ability to conveniently perform complex tasks. As a result, there is strong emphasis on developing new technologies and approaches to bridge the human-computer barrier, and make human interactions with systems more natural. The scenario brings into the spotlight gesture recognition as the interface technology of

The Global Market for Graphene is Projected to Reach US$125 Million by 2020

Promising Applications in Electronics, Energy Storage & Composites to Drive the Global Graphene Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Graphene. The global market for Graphene is projected to reach US$125 million by 2020 , driven by promising applications in the electronics, healthcare, transport, energy storage, composites and textile industries. Graphene, which is one million times thinner than human hair is found to be 200 times tougher than steel. The unprecedented interest generated by graphene is attributable to five unique properties of the material, including its super strength, ultra-thinness, extremely high conductivity, versatility, and cost. The wonder material is expected to make revolutionary forays into electronics, healthcare, transport, energy storage, composites, and textile industries, among others. Superior mechanical, electrical, magnetic and thermal properties

The Global Market for Industrial Wireless Sensor Networks is Projected to Reach US$920 Million by 2020

Investments in Advanced Industrial Technologies to Drive the Industrial Wireless Sensor Networks Market, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Industrial Wireless Sensor Networks (IWSN). The global market for Industrial Wireless Sensor Networks is projected to reach US$920 million by 2020 , driven by growing demand for advanced technology solutions that help enhance the efficiency, productivity and profitability of manufacturing operations. The manufacturing industry is currently challenged by factors such as volatile raw material prices, globalization-driven issues such as supply chain fragmentation, stringent  regulations, and growing pressure on profit margins. To remain competitive under the current scenario requires focus on improving efficiencies and achieving operational excellence. Manufacturing plants are therefore investing significant resources into modernizing production processes

The Global Market for Enterprise Network Equipment is Projected to Reach US$30.6 Billion by 2020

Shift Towards Wireless Application Driven Network Drives Demand for Enterprise Network Equipment, According to a New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Enterprise Network Equipment. The global market for Enterprise Network Equipment is projected to reach US$30.6 billion by 2020 , driven by rising bandwidth requirements, expanding mobile workforce, growing base of mobile Internet devices, and accelerating shift towards wireless systems. An enterprise network is the communication backbone of an enterprise, which enables connectivity between computers and other electronic devices across various departments and workgroups to enable easy data accessibility. Enterprise network makes devices and systems interoperable, thereby enhancing external and internal data management. Enterprise network equipment, as key components in an enterprise network, comprises Routers, Ethernet Switches, WLAN Equipment and Application A

The Global Market for Genetic Testing is Forecast to Reach US$7.4 Billion by 2020

Consumer Demand for Effective Healthcare Solutions Drives the Genetic Testing Market, According to a Report Update by Global Industry Analysts, Inc. GIA announces the release of a comprehensive report update on the global Genetic Testing market. The global market for Genetic Testing is forecast to reach US$7.4 billion by 2020 , driven by robust demand for safe, accurate and effective healthcare solutions.  GIA has released a new update on the global Genetic Testing market. Against a backdrop of emerging patient-driven healthcare models, consumer demand for safe and effective healthcare solutions is rising. The scenario is benefiting demand for genetic testing, given the role played by these tests in optimizing patient response to therapies by tailoring treatment to genetic profiles. Genetics influence predisposition to diseases such as cancer, Alzheimer’s, cystic fibrosis, and Huntington’s. Aided by the successful sequencing of the human genome, the genetic testing market to

The Global Market for Packaging Machinery is Projected to Reach US$64.7 Billion by 2020

Surging Demand from End-use Application Sectors Drives the Global Packaging Machinery Market, According to New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Packaging Machinery. The global market for Packaging Machinery is projected to reach US$64.7 billion by 2020 , driven by introduction of smart systems and surging demand from the food, beverage, and pharmaceuticals & chemicals sectors. Packaging comprises an integral part of the marketing mix for any brand or product. Against the backdrop of shorter time to market consumer products, there is a growing need for new packaging machines that suit the changing requirements of the packaging industry. E nhanced automation, integrated systems, versatility and shorter turnaround times comprise the key trends shaping growth in the packaging machinery sector. Growing demand for packaged food and beverages against the backdrop of growing middle class population and urbaniz