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Showing posts from July, 2017

Virtual Fitting Room (VFR) Market Growing Steadily with Improving Technology

Virtual fitting room (VFR) is a new technology that facilitates shoppers for trying on variety of clothes in a virtual manner. In a VFR, the person need to place his or her body virtually rather than physically, to select the color, size, style, fitting and other parameters related to the buyer satisfaction. In other words, VFR is an imitation of trying apparels similar to a video game version of a changing room. VFR is the online equivalent of an in-store dressing room. VFR offers an incredible prospective for knowing the exclusive choices of each customers and presenting them with correct options based on their buying patterns and sizes. Whenever customers need to try a product in the digital directory, they can move into a virtual fitting room and generate a digital image called digital avatar by entering their hips, height, waist and other measurements or sizes. The measurements can be inputted manually, which is generally done by using web based applications. VFR platforms are

Smart Connected Device Market Growing Steadily with Improving Technology

It is estimated that over a quarter of the global population will own a smartphone by the end of 2015. By 2016, the number of smartphone users will surpass the 2 billion mark. Soon, more than half of the global mobile users will have a smartphone, meaning that feature phones will soon become a minority and the telecommunications world will transform into a closely connected web of smart mobile devices. While inexpensive smartphones are opening new opportunities in emerging markets, the shifting paradigm of consumer media usage in mature markets is pressing marketers in becoming increasingly mobile-centric. The report on global smart connected device market addresses key concerns related to the overall growth, drivers, inhibiting factors, and regulatory framework that play a key role in shaping the market’s overall dynamics. The study uses industry-leading analytical and research methodologies to serve as a tool for effective financial modeling, investment planning, expansion in new

Residential Air Purifier Market Growing Steadily with Improving Technology

Air purifiers help in removing contagion from the air in a room. Increasing demand for energy saving air purifiers by consumers is one of the key factors likely to drive the residential air purifiers market over the forecast period. Global manufacturers are improving energy saving air purifiers which consumes lower power than conventional air purifiers as they help to reduce carbon footprint and save energy costs. The global market for residential air purifiers is undergoing several improvements in technology which is likely to propel the demand for residential air purifiers over the forecast period. There is a growing demand for residential air purifiers equipped with HPEA filtration technology that helps to remove smoke and pollutants from the home. The common forms of residential air purifiers with HEPA air filtration technology are Sharp Plasmacluster Ion Air Purifier with True HEPA Filtration, Honeywell True HEPA Tower Allergen Remover, Blueair HEPASilent Air Purifier, and Bluea

Industrial Internet of Things (IIoT) Market Growing Steadily with Improving Technology

Global Industrial Internet of Things Market: Snapshot The focus of top players in the global industrial internet of things (IIoT) market is to leverage innovative technologies so as to provide novel IIoT solutions. In order to consolidate their position, top companies in the market are also considering carefully crafted partnerships and acquisitions, leading to their expanded service offerings and expanded geographical presence. The revolutionary benefits in manufacturing processes on account of deployment of industrial internet of things is the primary factor driving the industrial internet of things market. This is because IIoT improves operational efficiency by means of harnessing data and acting in response to the data collected from smart machines. As per a report by Transparency Market Research, the global industrial internet of things market is expected to expand at a whopping 23.7% CAGR between 2017 and 2025, for the market to reach a valuation of US$783,881.1 mn by 202

Fog Computing Market Growing Steadily with Improving Technology

Fog computing is a computing technology which decentralizes application and computing resources in the most efficient and effective point. Fog computing technology is also known as fog networking. Fog computing enhances efficiency and helps in reducing the size of the data which would be uploaded to the cloud for the purpose of analysis, data processing and storage. Fog computing also helps in enhancing compliance and security for the end users. In fog computing atmosphere, most of the data processing is done over smart mobile devices and data hubs. Moreover, other devices like gateway and smart router are also used in fog computing. Due to this distributed approach fog computing is gaining popularity. The demand for fog computing is driven by the requirement for managing enormous amount of data which is generated by the sensors. Further fog computing enable portability, the fog enables the cloud to be more conveniently positioned to act and produce on Internet of things (IoT) data.

C2C E-commerce Market Growing Steadily with Improving Technology

C2C is a category of e-commerce which allows consumers to interact with each other. This model of e-commerce facilitates transactions of products or services between consumers. In business to consumer model, a consumer approaches a business to purchase goods or services. In C2C model, the business provides a platform where consumers can sell products or services to each other. The main goal of C2C is to help buyers find sellers. This benefits both the parties. A buyer finds a product or a service which would have otherwise been hard to find and a seller benefits by selling the product or a service. The platforms for such transactions are usually provided by third parties, which act as intermediaries between the sellers and buyers. For instance, online portals such as E-bay facilitates sellers to post their goods or services online that is available for consumers to purchase. In such transactions, the third party may charge a transaction fee or commission. Products sold on these websi

Smart Kitchen Appliances Market Growing Steadily with Improving Technology

Smart kitchen appliances are designed to provide more effectiveness and comfort than their traditional counterparts. High energy efficiency is one of the key advantages of smart kitchen appliances. Technological advancements in kitchen appliances, including high-level sensors is currently one of the major factors driving the demand for various smart kitchen appliances worldwide. The global smart kitchen appliances market was valued at US$ 476.2 Mn in 2013 and is forecasted to grow at a CAGR of 29.1% from 2014 to 2022, reaching a value of US$ 2,730.6 Mn in 2022. Rising demand for luxury goods is recognized as the topmost reason for the tremendous growth of the smart kitchen appliances market globally. Also important for the market’s growth are the operational advantages of these appliances and increases in purchasing power worldwide. Most global players are stepping up their efforts for the development of connected smart kitchen appliances, which enables users to operate their kitch

Gas Detection Equipment Market Growing Steadily with Improving Technology

Gas Detection Equipment Market: Snapshot The global gas detection equipment market has been expanding at a steady pace over the past few years and is likely to exhibit a stable growth rate through the forecast period. Stringent government legislations regarding the safety of workers and property and the rising gas exploration activities around the world are the prominent factors supporting the growth of the gas detection equipment market. The soaring demand for energy has also accelerated the market growth as an increasing number customers worldwide have shown a preference for gas-powered equipment. However, the rising level of competition in the market is resulting in a decreased profit margin, thereby decreasing investments in this market. This factor acts as a major hindrance to the growth of the gas detection equipment market. The global gas detection market is poised to expand from a value of US$3.4 bn in 2015 to reach US$5.6 bn by 2024, registering a 5.6% CAGR therein.

Enterprise Software Market Growing Steadily with Improving Technology

Global Enterprise Software Market: Overview Enterprise software is increasingly used by organizations across the globe and across most industry verticals for a number of line-of-business operations, including and not limited to human resources, business intelligence, manufacturing, customer relationship management, sales and service, planning, inventory and materials management, purchasing, finance and accounting, and marketing. The primary goal of using enterprise software is to enhance efficiency as well as productivity and gain a significant competitive advantage. As more and more companies upgrade core functionalities, the global spending on enterprise application software is anticipated to grow, with most spending dedicated toward replacing, modernizing, or functionally expanding current office and business applications. The approval of bigger budgets for IT projects in companies is a positive sign for the overall enterprise software market. There is a rising need to gathe

E-commerce Logistics Market Growing Steadily with Improving Technology

The imminent explosion of cross-border e-commerce websites will cause a stir in the global e-commerce logistics market, predicts TMR in a new study. The market will also receive a boost from the availability of low-cost cargo. Already, the spread of B2C and C2C e-commerce websites has resulted in an increase in the demand for both domestic and international e-commerce logistics. Sellers are now expecting a greater degree of transparency and efficiency in their chosen e-commerce logistics providers. This will also pave the way for higher customization in e-commerce logistics services. At the same time, companies providing these services are trying for look for practical ways to reduce costs – especially those associated with reverse logistics. Among the key services that e-commerce logistics companies provide are warehousing and transportation along with some other types of niche services. The global e-commerce logistics market is expected to surpass US$781 bn in 2024, up from its

Computer Assisted Coding Market Growing Steadily with Improving Technology

Hospitals need to manage and store a large quantity of patient’s medical record in its system. These medical records contain patient’s personal data and treatment history which is documented in a proper manner. The document is used by administrative staff for billing purpose during patient’s discharge from hospital. Thus, the handling and preservation of records is a tedious work for administrative person in hospital. However, with the introduction of information technology, these medical records are now being recorded in digital form and are stored in a computer. However, the time taken by an administrative person to extract appropriate information from the document is more as the person needs to read the whole document carefully. Computer assisted coding software aims to resolve this issue by analyzing the medical record or document for specific keywords. The keywords are analyzed by comparing the document data with available database. Thus, computer assisted coding software provid

ATM Market Growing Steadily with Improving Technology

Global ATM Market: Brief Description ATM is the abbreviated form of automated teller machine. It is popularly known by many names such as automated banking machine, cash line, cash machine, and cash point. The global market for ATM has been significantly growing over the last couple of years. Irrespective of time and geography, an ATM allows users to make cash transactions using a card. The transactions can be performed entering the personal identification number of the card, the expiry date of the card, or in the case of any online transaction, a 3D security pin. All the numeric combinations are unique for every respective card and its user. This industry research report is a brief review of the growth trail in terms of current, historical, and future scenarios of the global ATM market. It offers an evaluation of the aspects that are expected to influence the development of the market and the primary trends have also been specified in the research study. The research study also

Industrial PC Market Growing Steadily with Improving Technology

An Industrial PC is a PC-based computing podium used in various industrial applications. It is mainly used for data acquisition or process control, and in some cases, it is simply used as a face off to another control computer placed in a separate processing environment. The value chain of the industrial PC market comprises of five key phases starting with research and development (R&D), followed by the assembly phase, then manufacturing, in sequence comes distribution, and complete with post-sales services. Among all the aspects as mentioned above, most important phase include the research and development as well as assembly of industrial PCs. The designing of these PCs are built on their practice in numerous industries which includes automotive, industrial applications, aerospace, defense or oil and gas, among others, and the other factor influences designing of industrial PC is the environment where it will be installed. Industrial PC Market: Market Dynamics and Restraints

Security Cameras (IR Illuminator) Market Growing Steadily with Improving Technology

Global Security Cameras (IR Illuminator) Market: Overview A security camera is used to provide protection for private as well as commercial and industrial places. A security camera is powerful devices against burglars and thus helps individual to track the details live or happened in the past. The significant use of security cameras is for surveillance which delivers substantial evidence in the time of need for investigation purposes. The security camera market is growing at faster pace owing to increase of thefts across the globe. Although this is the prime reason for the security camera market to grow, another key aspect which is helping the security camera manufacturers to generate high sales revenues is the increasing demand for security cameras from home individuals to feel secured. As security camera in residential places aids in detecting the suspicious behavior of intruder, keeping a close check on kids or pets when away from home. In commercial or industrial entities, se

Smart Rings Market Growing Steadily with Improving Technology

Global Smart Rings Market: Snapshot Smart rings are technologically advanced wearable electronic devices that are being used for information storage and sharing. The rings are used for receiving pictures, videos, calls, storing contact information, and any other digital information that can be transferred securely from smart phones. The report states that the global smart rings market was valued at US$1.67 mn in 2016 and is expected to reach US$11.44 mn by the end of 2025, as the market is slated to register a CAGR of 24.0% between 2017 and 2025. Internet of Things (IoT) and related services are an important driver for the development and diffusion of smart rings. Growth of cloud computing is also a significant indicator for the growth of smart rings. Cloud services allow more usage capacity on these small miniaturized devices with limited processing capabilities. Therefore, the data collected by the smart rings can be directly stored to personal data repository, thereby facilita

Radio Modem Market Growing Steadily with Improving Technology

Radio modems are widely used in military and mission critical application. These devices are independent of the mobile and network operators and hence no cost is associated with the data transfer. Radio modems can transmit data without the help of wires to point to point or point to multipoint systems. They can encode, transmit and decode the data even for long distance. Technically radio waves are used for transmission of data. They have wide application in transportation and logistics such as remote data acquisition, supervisory control and data acquisition (SCADA), telemetry, and automatic vehicle location (AVL). Radio modems also have application in Land survey differential GPS, fleet management applications, SCADA applications, and automated meter reading. Antenna height and type of cables used, sensitivity of the radio, output power of the radio and the systems design are few factors that could affect the performance of the radio. There are many kinds of radio modems such as