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Context Aware Computing (CAC) Market Analysis, Size, Share, Growth and Forecast to 2024 | Hexa Research

Context-aware computing belongs to a class of mobile systems that sense their surrounding physical environment and adapt their behaviour accordingly. Context-aware systems act as components of the pervasive computing environment. Context is likely to be the most accepted form by the consumers in the coming years. Context-enriched services are anticipated to use environmental and situational information about the user’s social attributes, presence, and location to meet end user requirements. These systems are used to improve the quality of interaction with consumers. Growing demand for using these systems to attain better targeting of customers is expected to drive the market growth of context-aware computing market. Enterprises are investing heavily in context-aware applications as there is a popular trend of enterprise mobility. Innovation and technological advancements are expected to drive market growth over the forecast period.

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The various products available in this market are active phones, augmented reality & guided systems, conference assistants, cyber guides, web-browsers, location aware information delivery, fieldwork, office assistants, people & object pages, and shopping assistants. The growing acceptance of computing experience and increased adoption of mobile computing devices is expected to have a positive impact on the context-aware computing market. The increased penetration of PCs, smart phones, and tablets along with the introduction of smart wearables are expected to augment market growth. However, this technology faces several challenges such as cyber forage, user’s intent, adaptation strategy, context awareness, and privacy issues along with energy management concerns. Proper handling of trust and privacy issues are expected to boost the context-aware computing market even further.

Context-aware computing finds its applications in financial services & insurance, banking, consumer goods & retail, academia & education, energy & power, manufacturing, healthcare, logistics & transportation, government & public sector, commercial & office environment, residential & home environment, oil & gas, telecom & information technology, and travel & hospitality. Telecom and information technology is the key application segment followed by banking, insurance, and financial services.

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The key industry participants ofthis market are Appear Networks, Amazon, Autodesk, Microsoft, Facebook, Apple, Google, and Nokia. The other prominent industry players include CrowdOptic, Flytxt, Loopt, Intel, Openstream, Pontis, Mxit, Proxomo, Securonix, Samsung, Telefónica, TeliaSonera, ThreatMetrix, Telnic, Vodafone, and Verizon Communications, Inc. The key strategies adopted by industry participants is developing custom solutions, new technologies, and acquiring domain experts. Early adopters would have the advantage of experiencing convenience for the implementation of sophisticated services.

Appear Networks developed context-aware computing solutions for the construction, rail, and aviation sector. Appear IQ Technologies have been implemented in the Netherlands and Sweden. It is anticipated that the next battle between Apple and Google is to be based on context. CrowdOptic has developed an interactive streaming platform thatconnects the world through smart devices and helps in building a community. Microsoft is currently using context-aware computing to generalize beyond location and type ahead search. Nokia had launched a Context-Aware Tablet N95 and also developed applications based on context-aware computing. Google has developed Google Glass, an entire product based on context-aware computing.

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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ATM Market Research Report - Global Industry Analysis, Size, Share, Growth and Forecast to 2024 | Hexa Research

The ATM Market (Automated Teller Machines Market) is estimated over USD 26 billion by 2024, growing at nearly 10% CAGR during the forecast period (2016-2024). It was valued about USD 12.5 billion in 2015. Technological breakthroughs and improved safety amid rising wireless devices will drive the ATM market in the next eight years. This can result in lessened frauds and safe consumer financial transactions.

ATMs find active encouragement from banks and other financial institutions. They help reduce bank queues. These machines benefit customers by assisting them make cash withdrawals, transfers, and deposits. They are adopted widely since they provide a multitude of options for fiscal transactions.

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Online cash transfers and other transaction modes hinder the ATM market. Introduction of solar & smart ATMs across India and China is expected to provide industry opportunities. Rising competition among banks to expand their customer base should give the market a fillip.

The ATM industry, divided on the basis of solutions, includes managed services and deployment. Deployment has enabled customers to avail banking services 24/7. It accounted for 70% revenues in 2014. This was attributed to growing IT companies worldwide. Worksite, offsite, onsite, and mobile ATMs constitute deployment solutions. Worksite is expected to generate over USD 2.6 billion by 2024.

Onsite machines are installed within bank premises. They reduce staff-pressure and error-probability. These factors would drive sub-segment demand in the near future. Mobile ATMs decrease customers at trade fairs and sports events. They may grow at a CAGR close to 13% till 2024. These machines give banks the chance to lessen the traffic at populated places and extend their reach. 

Managed services allow banks to move their non-core activities to trained service providers & concentrate on their core business. They are involved in retaining customers & offering cross-selling opportunities. Managed services will grow at a CAGR above 11% from 2016 to 2024. Their outsourcing can bring good returns, complying with regulatory policies. Firms such as Diebold Inc. and Wincor Nixdorf AG provide such services at low costs.

In view of regions, the ATM market consists of North America, Asia Pacific, Europe, and the MEA (the Middle East & Africa). North America dominated in 2014 but will face a decline till 2022. Its trend of trading in digital currency has encouraged the adoption of Bitcoin ATMs in the region. The U.S. is the best market (in terms of performance), bound at over USD 9 billion by 2024. Its integration of biometrics, remote assistance, & video conferencing can drive regional sales. U.S. banks have implemented Europay/Visa/MasterCard IC encryption to ensure added security.

Europe is predicted to experience a similar trend on account of saturation and rising operational costs. Asia Pacific will grow at a CAGR above 12% during the forecast period due to its self-service machines and ever-increasing customer base.

Increased IT dependence has led players of the global market to create devices with multiplatform compatibility. Notable players are GRG Banking, Nautilus Hyosung, Euronet Worldwide, and NCR Corporation. Mergers and acquisitions are one of the strategies adopted by companies to maintain industry hold. For instance, Euronet acquired Pure Commerce in 2013 to broaden its global reach.

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

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United States

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Digital Signage Market Analysis, Size, Share, Growth, Industry Trends and Forecast to 2020 - Hexa Research

Traditional advertisement has taken a back seat to make way for novel technologies like interactive ads on mobile phones, websites, and digital billboards. Digital signage systems encompass digital devices that can display information or content.

The digital signage market is predicted to reach revenues worth USD 20.1 billion by 2020, as per a report by Hexa Research. It was worth around USD 13.3 billion in 2013. The market will display 6.1% CAGR from 2014 to 2020. Factors like improved user experience, decreasing prices of display panels, and cost-effective promotion should positively impact the market.

The digital signage market is divided on the basis of technologies, applications, and geographies. Technologies like LCD, LED, and front projection are expected to propel the market. LCD had lion’s share in 2013, and accounted for more than 50% of the global revenues that year. LED will be adopted in the near future for saving energy.

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The market finds applications in banking, healthcare, education, retail, and transportation. Companies utilize point-of-sales (POS), point of transit (POT), point of purchase, and infotainment to entice consumers. Retail had more than 40% share in 2013 and would dominate the digital signage market over the next six years.

The sector of healthcare has utilized digital signage to provide registration information on cell phones, tips on better health, and guidance to visitors. Geographies wise, North America captured more than 35% of the total demand in 2013. It will face increased demand from various sectors owing to advanced infrastructure and technology.

Asia Pacific has the highest potential on account of decreasing prices of LCDs and favorable regional conditions. The worldwide digital signage market includes major players in Nippon Telegraph and Telephone (NTT) Corporation, Microsoft Corporation, Cisco Systems Inc., and LG Electronics. It is expanding swiftly due to product developments and technological advancements by its players. 

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Digital Transformation Market

Pico Projector Market

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

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Hexa Research

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Pico Projector Market Size, Share, Growth, Trend and Forecasts, 2012 To 2020 : Hexa Research

Pico projectors are handheld devices which are used in devices such as tablets, mobiles phones, digital cameras, personal digital assistants (PDAs) and phablets. Pico projectors are used to display the contents of the device on the screen or wall by using image projector. As Pico projectors are small in size they can be installed in devices including digital cameras and mobile phones. Pico projectors work by using different technologies including digital light processing (DLP), laser beam steering (LBS) and liquid crystal on silicon (LCoS). Digital light processing technology uses light source and mirrors in order to limit the quantity of light accepted by pixels on the image. Increasing convenience provided by Pico projector is expected to provide positive avenues to the market growth. However, decreasing pico projectors price is expected to drive the market over the forecast period. Increasing number of business personnel to give presentations and reduced dependence on carrying separate devices such as computers and others are expected to positively impact the product demand over the next six years.

A wheel between the mirrors and light source is used to separate the light into blue, green and red. Liquid crystal on silicon uses liquid crystal instead of mirrors in order to limit the quantity of light accepted by pixels on the image. Laser beam uses three sub pixel RGB laser beams which are associated with the help of optics. Higher cost of devices which are installed with pico projectors is likely to pose a challenge to the global market over the foreseeable period.

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Product Insight

Stand alone projectors need an USB or external cable such as HDMI or VGA to display the contents of the devices comprising laptops and others. USB pico projectors are lightweight and small. Since, they do not include battery, USB projectors require an USB port for power by an external devices such as tablet or laptop. Embedded projectors are mainly integrated in mobile phones. Increasing usage of embedded projectors in laptops and digital cameras is expected to provide positive avenues to the pico projector market growth over the next five years. Growing Pico projectors use in various applications including healthcare, automotive, retail and aerospace is expected to fuel the market demand over the next five years. Laser pico projector market is expected to grow significantly as they provide a better color palette and the option of image enlargement.

Regional Insights

North America was the largest market accounting for over 37% of the share in 2013. Asia-Pacific is expected to grow significantly owing to growing demand in countries such as India and China. Growing infrastructure and technological advancements in developing countries such as India and China are also expected to drive the pico projector market in the region. Asia Pacific market is expected to experience rapid growth on account of increasing electronic devices demand is this region.

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Competitive Insights

Pico projectors market is highly fragmented owing to presence of suppliers in china and domestic manufacturers. Key industry participants include AAXA Technologies Inc., 3M Co., Acer Inc., Epicrystals Inc., Coretronic Corporation, Lite-On Technology Corporation, Microvision Inc., Luminus Devices, Optoma Technology Inc, Sony Corporation, Samsung Electronics Co., Texas Instruments Inc. among others.

Table of Contents

Chapter 1 Executive Summary

1.1 Pico projector – Industry Summary & Critical Success Factors (CSFs)

Chapter 2 Pico Projector Industry Outlook

2.1 Market Segmentation

2.2 Market Size and Growth Prospects

2.3 Pico Projector Value Chain Analysis

2.3.1 Key Driver Analysis

2.3.1.1 Increasing demand across application areas

2.3.1.2 Declining selling prices

2.3.1.3 High degree of convenience

2.3.1.4 Technological innovation

2.3.2 Key Restraint Analysis

2.3.2.1 Speckle issues

2.3.2.1 Reducing demand for standalone pico projectors

2.4 Pico Projector Market Dynamics

2.5 Key Opportunities Prioritized

2.6 Industry Analysis - Porter's

2.7 Pico Projector - Company Market Share Analysis

2.8 Pico Projector - Technology Landscape

2.9 Pico Projector - PESTEL Analysis

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

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Digital Transformation Market Analysis, Size, Share, Growth, Industry Trends and Forecast to 2020 - Hexa Research

The digital transformation market has undergone changes in the current scenario. It has experienced rapid technological dependence in comparison to the former decade. This has spurred the sales of cellphones, tablets, personal computers, fitness trackers, and other technological devices. Furthermore, cloud computing has increased the personal space allotted to users.

4G guarantees better data connectivity and internet speed and brings the future of digital economy even closer. Technology has bridged the communication gap owing to the presence of social networking. Various forms of technologies have been adopted by governments to address the issues of citizens. The digital transformation market is expected to witness growth in the years ahead.

Digital transformation focuses on technologies that aid in decision-making, product rollouts and promotions. It also furthers the incomes of businesses by providing technologies that aid in customer engagement. Some of the newest digital transformation market technologies that have drawn enough attention include 3D printing, cloud storage, and augmented reality (AR).

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Although in their nascent stage, most of these technologies would be used in the future in the sectors of construction, transportation, industrial design, hospitals, and military. Banks are an important pillar of developing economies. They have joined the digital transformation market in conducting most of the transactions online. This has been done for the benefit of the customers.

Market Insights

The digital transformation market consists of various verticals according to the business conducted in each. Cloud storage provides space to clients who need huge servers to function. Retail, insurance, consumer packaged goods, pharmaceuticals, manufacturing, travel and tourism, and telecom will join the digital transformation market in maintaining online presence in the years ahead.

Rising demand for AR devices, heads up display (HUD) devices, and simpler user interfaces is also predicted to steer the market income. The digital transformation market was valued at around $983 billion in 2013. It is likely to grow at a CAGR of about 24% by 2020. Mobile apps gained lion’s share (19%) in 2013. They are expected to grow at a CAGR of about 31% by 2020.

Some other new technologies of the digital transformation market are Internet of Things (IoT), cloud, big data, and other digital services.

Regional Outlook

North America dominated the market in 2013. It captured around 29% of the worldwide share. Online payment options and internet connectivity are the prime reasons for the growth of this region. Firms of the North American digital transformation market are using various technologies to promote their businesses through websites and social media.

This would greatly enhance the status of the regional market and drive its sales. The European Union (EU) had begun internet banking operations to reduce obstacles faced by businesses while conducting transactions. Latin America is expected to have good potential for the digital transformation market.

Boosting mobile network operators (MNOs) in India, China, and South Korea from the Asian Pacific (APAC) region are also estimated to raise the demand for the global market. Growing IT-enabled services in APAC will ensure a strong future for the digital transformation market.

The Middle East is an untapped region that’s utilizing digital technologies on a knowledge-based approach. UAE, Qatar, and Saudi Arabia are becoming increasingly dependent on Internet communication technologies (ICTs). As such, the sectors of banking and insurance   have had around 40% share in the MENA industry.

Key Players

The key players of the digital transformation market include Persistent Systems, IBM, Accenture, Tata Consultancy Services, Cognizant, Capgemini Consulting Global, Deloitte, Booz & Co., PricewaterhouseCoopers (PwC), CGI Group Incorporation, and Econsultancy.

In the Middle East and North Africa, entrants, like Ystrat, Intel, and Elite Technologies are trying to gain a strong grip in the global digital transformation market.

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

Follow us on Linkedin: https://www.linkedin.com/company/hexa-research