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Security Robots Market: Rising Use by Military and Defense Sector to Fuel Demand

The global security robots market is still at a nascent stage. Given the scenario, it witnessed only a handful of companies emerging as established players at the initial phase. This on the other hand showcases the high potential for the entry of new players in the market. As a majority of them are likely to have limited regional presence, they are more likely to focus on various strategies that will help them propel businesses. According to Transparency Market Research (TMR), some of the leading players are vying for merger and acquisition to strengthen their position in the market. Besides this, their investment toward research and development activities and in security robots to enrich consumer experience will have a significant influence on the global security robots market . Lockheed Martin Corporation, BAE Systems PLC, Knight Scope, Boston Dynamics, Northrop Grumman Corporation, Liquid Robotics, Inc., SMP Robotic Systems Corp. are some of the prominent names operating in th...

Demand for Neural Network Software Solutions Increasing from Healthcare and BFSI Sectors

According to Transparency Market Research (TMR), the global neural networks aftermarket is moderately consolidated with players such as Microsoft Corporation, SAP SE, Oracle Corporation, IBM Corporation, Google Inc., Intel Corporation, QUALCOMM Incorporated, Afiniti, Alyuda Research, LLC. and Neural Technologies Limited, leading in the market. Players in the market are diversifying their product offerings so as to gain market shares. According to Transparency Market Research, the global neural network software market will exhibit a 22.9% CAGR and reach US$26,021.1 mn by 2025. In terms of technology, much growth can be seen within the data mining and archiving segment. On the basis of geography, North America is leading in the market on account of high acceptance of technology. Between 2017 and 2025, North America is expected to expand at a 22% CAGR. In terms of end-user, the BFSI and Healthcare segments are emerging as most promising on account of the increasing need for improve...

Popularity of Adventure Sports and Motion Photography Bolsters Market for Wearable Cameras

The global wearable cameras market is expected to keep expanding at a boisterous pace over the coming years. The market is characterized by the presence of a large number of small-, medium-, and large-sized players of national and international accord. This makes the market highly fragmented and is expected to attract the entry of more players in the future. The influx of new players is due to the commendable growth opportunities resting within the market. As new players enter the market and the established players adapt to better business strategies, the competition is expected to intensify. Product innovation and expansion of the product portfolio is likely to be the most sought after strategy of market players. Furthermore, the huge companies are expected to acquire the local or regional players in order to penetrate the regional markets. The prominent players in the market for wearable cameras include Axon Enterprise Inc., GoPro Inc., Garmin Ltd., Rollei GmbH, Contour, Narrati...

Robotics Market: Growing Adoption for Reducing Labor Cost to Propel Growth

Transparency Market Research (TMR) observes, the global robotics market is highly conciliated due to presence of number of companies operating in the market. Some of the key players operating in the global robotics market are Fanuc Corporation, iRobot Corporation, Northrop Grumman Corporation, and Google Inc. These players are focused to manufacture products with their maximum technical and business strength for product innovation and commercialization of these products. A report estimates, the global robotics market is expected to attain value of US$147.26 bn by the end of 2025 with a CAGR of 17.4% over the forecast period of 2017 to 2025. The market was valued at revenue of US$35.23 bn in 2016. Based on volume, the global robotics market valued at 677.2 thousand units in 2016 and is predicted to amount to 2,731.2 thousand units by the end of 2025, expending with a CAGR of 17.0% over the forecast period from 2017 and 2025. Static type robot is dominating the global robotics mark...

Connected (Smart) Street Lights Market: Lack of Favorable Environment to Restrain the Market from Growing

The connected (smart) street lights market is primarily driven by the ability of connected (smart) street lights to address the imperfections of traditional street lights. Traditional lighting systems which are at present the de facto standard for street lighting is associated with configuration challenges, extraordinary cost, and interoperability issues that connected (smart) street lights can address. Apart from this, the development of smart cities across several countries around the world is leading utility companies and government institutions to look for smart lighting technologies that can help reduce costs, reduce carbon emissions, and help boost overall efficiency. Smart (connected) lighting systems can substantially reduce energy consumption as it can be incorporated with various sensors such as natural light sensors occupancy sensors, and motion sensors. With the moderate pace of advancement of technologies that are used in connected (smart) street lights and the ...

Function as a Service Market: Reduction in IT Operation Costs Bolsters Growth

Transparency Market Research (TMR) observes that competitive landscape in the  global Function as a Service (FaaS)  is quite dynamic and has a distinct presence of a few big players. Amazon Web Services Inc., Microsoft Corporation, VMware Inc., and Google Inc. are some of the leading players in the global market. As of 2016, these companies held a whopping share of above 80% in the global market. Research and development and mergers and acquisitions are anticipated to be key strategies of these players in the near future. According to the research report, the global FaaS market was valued at US$1230.0 mn in 2016 and is expected to be worth US$4280.0 mn by the end of 2025. Over the forecast period of 2017 and 2025, the global market is expected to progress at a CAGR of 15.3%. Among the various end users, the global FaaS market is likely to be driven by the telecommunications segment in the coming years as it is slated to surge at a CAGR of 15.3% during the forecast period...

3D Printing Market to Gain Impetus from Rising Application across Diverse Industries

Presence of several large and small players has rendered vendor landscape in the global 3D printing market highly fragmented. As these companies rival in terms of innovation, the market is expected to witness launch of various improvements and upgrades in the coming years. According to a new study by Transparency Market Research (TMR), Solidscape, Inc., EOS GmbH, and Stratasys, Ltd. emerged as dominant players in the global 3D printing market in 2016. These companies enjoy a widespread geographic presence, which has helped them stay ahead of the curve. Some of the other prominent enterprises in the global 3D printing market are ExOne GmbH, Concept Laser GmbH, SLM Solutions GmbH, Optomec, Voxeljet Technology GmbH, and Arcam AB. As per TMR, the global 3D printing market will rise at an impressive 18% CAGR between 2017 and 2025. At this pace the market will reach US$32.3 bn 2025 from US$7.3 bn in 2016. The global 3D printing market is still at its budding stage hence with the entry...