Increased investment in line busting technology is expected to play a key role in point of sale (POS) terminals market growth

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Point of sale (POS) terminals market size is expected to exceed USD 100 billion from 2016 to 2023. Global market Insights Inc. has announced an addition of a new study based report. The report analyzes the Global POS terminal industry with various perspectives and features regional, application based and competitive insights with future estimations for the projected time frame. The report focuses on key factors that impact the market growth including drivers, impediments, opportunities and challenges. The report projects shipments to witness significant growth with a growing CAGR of 18% by 2023. Rising expenditure in line busting technology is likely to influence the industry growth positively.

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The industry experienced strong gains attributed to the rapid advancements in various technologies and significant growth of POS terminal solutions. Rising demand for NFC devices and integrated systems in the industrial ecosystem is likely to further the market growth. Furthermore, increasing demand for applications in SMBs is anticipated to propel growth. In addition to this, rise in reasonably priced wireless communication technologies has opened new avenues in the market.

(Point of Sale) POS Terminals Market SizeRetail POS terminals market size is predicted to hit USD 30 billion during expected period. The advent of mobile wallet technologies is expected to penetrate retail oriented products from 2015 to 2023. Healthcare applications are anticipated to witness growth over 13.9% CAGR in near future.

Mobile POS terminals are implemented for superior mobility and enhanced user experience. The market share for this product is expected to grow at 19% CAGR during the projected time frame. Hardware is likely to continue its dominance in Point of Sale (POS) terminals market share in the near future with projected share over 85% during the predicted period. Software segment is expected to witness growth attributed to surge in retail and hospitality businesses. Biometric segment is expected to grow, owing favorable regulatory conditions and rise in the number of retail chain openings.

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The Asia Pacific Point of Sale (POS) terminals industry is forecast to exhibit growth at a growing CAGR of 13% in near future. Growing preference for connectivity and portability and rising demand across application areas are key driving forces in regional segment.

The report analyzes the competitive landscape of the POS terminal market.  It features key participants profiled in the report, coupled with key strategies, finance metrics and current trends. Some of the key players listed in the report are Ingenico, PAX Technology, VeriFone, Zebra Technologies, Oracle and First Data Corporation.

Strong infrastructure spending vehicle weight reduction trends for better fuel performance to drive adhesives and sealants market growth

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Adhesives and sealants market is projected to surpass USD 40 billion and USD 9.5 billion from 2015 to 2023, respectively. Global Market Insights Inc. has published a new study based report on Adhesives and Sealants industry. The report talks about the market in terms of definition, classification, estimations in terms of value and volume. It features the current and future forecasts as per the parallel industrial and financial outlook. Furthermore, it covers current events and trends of leading global companies including important developments, mergers and acquisitions, partnerships and agreements, investments and expansions, etc. It also discusses about the key aspects like drivers, impediments, opportunities and challenges that influence the market.

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The need of higher performance characteristics has lead the adhesives market gradually to shift from the conventional solvent based adhesives towards the application of superior -performance products including pressure sensitive and reactive hot melts adhesives. This gradual and steady shift in segment is furthering the overall demand growth of hot melt adhesives. Waterborne adhesive market size is estimated to dominate the technology segment in adhesives and sealants market during the forecast period.

Adhesives and Sealants Market Size

Growth in automobile production, infrastructure development is likely to have a positive impact on the demand growth. Growing use of polymer and plastic in light weight automobiles to improve efficiency is anticipated to impel market size, with expected growth of 4.9% and 5.9% during the expected timeframe.

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The report also covers the in-depth analysis of the industry segmented on the basis of key regions. Advent of technology focused on sustainable and smart products is driving demand for sealants in various regions including Europe and North America attributed to various innovations including reduced cure time, superior performance benefits including resistance to gas and chemicals, improved seals, superior adhesion to a range of substrates, etc. Escalation in construction expenses in Indonesia, China and India is poised to boost demand. European silicone sealants market demand is forecast to observe a substantial growth in next few years.

The key participants in the adhesives and sealants industry are analyzed thoroughly in the report. It features competitive scenario of the industry with company profiles, trends, business strategies, financial metrics, etc. top players include Dow Chemical, Henkel, 3M, and HB Fuller. Sika AG, Avery Dennison, Ashland, Eastman Chemical, Uniseal, Bostik, and N.D Industries are a few other important players in the industry.

Author NameDhananjay Punekar

Rising importance of aerial imaging across residential and commercial sectors is forecast to drive the aerial imaging market growth

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Aerial imaging market is forecast to witness growth over USD 2.5 billion in next few years. Global Market Insights Inc. has pronounced an addition of a study based market report on Aerial imaging industry. The report covers product, regional and competitive market insights together with in depth analysis featuring market trends, revenues and factors such as drivers, restraints, opportunities and challenges that influence the market scenario.

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Aerial photography is a high precision, yet cost effective procedure used across various verticals.  The current market is well anticipated to see a strong growth over the predicted time frame. Demand for imagery data and associated geospatial data are important factors to drive the market growth. The advent of new technologies in aerial platforms and camera systems is expected to further the growth.

This imaging has been associated with various applications including tourism, archaeology, natural resource management, disaster risk estimation, construction, cartography, journalism, ISR (Intelligence Surveillance and Reconnaissance), and defense and security. Increasing efforts to craft unmanned aerial mapping systems to lower costs has resulted in the rising consumer adoption across various applications and the trend of spectacular change in the industry is forecast to persist during the next seven years.  Increasing privacy and safety concerns and threats owing to access to UAS and its misuse in various crucial government and facilities are projected to slow down the demand.

Aerial Imaging Market Size

The government sector is projected to witness a substantial growth over USD 750 million during the forecast period. Surging adoption of this technology in various application areas like energy management, urban planning, homeland security and monitoring environmental studies etc. is expected to propel the market size.

The report covers the market analysis at the regional scale. Key regions included in the report are North America, India, Indonesia, Korea, Japan, Taiwan, China, Australia, New Zealand, Singapore, Philippines, and Malaysia. North America is forecast to continue to be the largest market share with increasing investments in technology advancements for defense sector coupled with development in the telecommunication industry.

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The key market participants have been profiled with competitive details, including recent developments, business strategies and financial overview. The report covers in-depth analysis of market trends and future perspectives. Google, Eagle Aerial Imaging, AeroMetric, Kucera International, EagleView Technologies, and Landiscor Aerial Information are some of the important key players listed in the report.

Report covers:

  • Market drivers, barriers, and their impact on the market growth
  • Current and future market trends, market scope and segmentation
  • Value Chain Analysis
  • Analysis at the regional level
  • Strategic insights and market estimations
  • Competitive profiling and landscape

Author NameDhananjay Punekar

Changing lifestyles of consumers along with growing demand for insulation is expected to drive flooring market growth

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Flooring market size is forecast to exceed USD 400 billion by 2022, at a growing CAGR of 6.8% from 2015 to 2022, according to a new study base report launched by Global Market Insights Inc. Factors like rapid development in infrastructure, changing lifestyles of consumers, and increasing demand for insulation are anticipated to propel demand growth during the projected time frame. Investment in infrastructure and capital projects is expected to witness a substantial growth in next few years. Furthermore, durable and innovative flooring is expected to fuel the market growth by 2022.

View a summary of the “Flooring Market Size, Industry Analysis Report” @ https://www.gminsights.com/industry-analysis/flooring-market-size

The report features:

  • Overview of the industry, including definitions and classification
  • A comprehensive assessment of the market
  • Facts, thoughtful insights, industry validated and statistically-supported market data
  • Market segmentation on the basis of product, application, geography and competitive market share
  • Market forecasts and estimates for the predicted time frame
  • In-depth analysis with market trends, key participants, company profiles, business strategies
  • Identifies aspects such as drivers, impediments, opportunities and challenges that will impact the market

Flooring forms vital aspect of any residential and commercial structure. Demand for durable, low maintenance, affordable yet visually appealing products has led to innovation in the industry for products that will provide comfort and are value for money.

Flooring Market Size

Soft coverings product segment is likely to hit USD 150 billion at a growing CAGR of 6% during the expected time frame owing to multiple benefits offered including noise-reducing effect, dust-binding characteristics, superior insulation, pleasing aesthetics, etc. Resilient flooring market is expected to be the fastest growing product segment from 2015-2022, at a growing CAGR of 7.5% by 2022.

Residential sector is forecast to continue its dominance in application segments over the predicted period attributed to replacement demand in this sector. Furthermore, commercial segment is expected to surpass USD 170 billion by 2022 over the expected period.

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The report covers analysis on a regional scale. Asia pacific market size is expected to be the top region and hit 180 billion by 2022. The Chinese commercial and residential construction sector is expected to witness the growth. North America market is expected to be worth USD 69 billion in next few years.

Mohawk Industries, Shaw Industries, Interface and Beaulieu of America are the key market participants in the industry profiled in the report. Congoleum, Armstrong World Industries, Interface Inc, Polyfor Ltd, Mannington Mills Inc, and Pergo are some other names in the industry.

Author NameDhananjay Punekar

Increasing usage of mobile devices is predicted to drive bring your own device (BYOD) market growth

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According to new study based Report on Bring Your Own Device by Global Market Insights, BYOD market size worth USD 94.15 billion in 2014 is forecast to reach USD 350 billion from 2015 to 2022. The report provides granular quantitative information on market together with key BYOD industry insights.

View a summary of the “Bring Your Own Device (BYOD) Market Size, Industry Analysis Report” @ https://www.gminsights.com/industry-analysis/bring-your-own-device-BYOD-market 

Recently BYOD has been adopted across various verticals including logistics and retail, Telecom, IT, manufacturing, healthcare, public etc.  This surging adoption of this system for enhancing organizational productivity is expected to drive the market growth.

Increasing use of, tablets, and laptops is anticipated to have a positive impact on the market. Furthermore, the  proliferation of smartphones and 4G LTE is expected to fuel the market growth. A smartphone is expected to be the most preferred device, as it simplifies handling of both personal life and office work. The tablet segment is forecast to witness substantial growth over 130 billion in a predicted time frame.

Bring Your Own Device (BYOD) Market Size

Healthcare, financial services and insurance industry segments are predicted to be most key verticals. Moreover, both mid-to-large sized and small scale businesses have started adopting the system and are predicted to further the growth.

The report discusses the in-depth analysis of the Bring Your Own Device industry at the regional level, including India, Korea, Indonesia, Taiwan, Japan, Australia,  China, Singapore, New Zealand, Malaysia, Philippines, and U.S.

U.S. BYOD market is expected to continue its dominance with the largest market share in the projected time frame. Asia Pacific BYOD market share is likely to witness substantial growth, at a growing CAGR of 20% during the expected period owing to lower hardware expenses, and surging smartphone penetration.

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The report covers competitive analysis of the market discussing the profiles, key market strategies of major market players accumulating major market share in the market are: Alcatel-Lucent, Cisco Systems, MobileIron, Good Technology,and IBM Corporation.

Increased productivity owing to growing use of personal devices is expected to trigger the market growth. Possible security threats, including device theft, challenges in tracking data and risk exposure, etc. need to be addressed to support the employees.

The report features:

  • Market Definition for BYOD along with restraints, drivers, challenges, opportunities and adoption of trends in the market
  • Market sizing and forecast
  • Segmentation of competitive market and assessments on a regional scale
  • Distribution channel assessment
  • Analysis with factors influencing the market landscape
  • Competitive Analysis of major market participants, company profiles and strategic activities
  • Pricing and substantiality trends

Author NameDhananjay Punekar

Implementation advantages coupled with rising need to reassess data center infrastructure is anticipated to fuel the integrated systems market

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Integrated systems market size was earlier USD 9.5 billion in the year 2014 and is expected to touch USD 30 billion in 2022 with a CAGR of 15% according to study done by Global Market Insights. Thriving business demand and accelerated challenges in IT sector is projected to upsurge the demand of this market. The dynamic nature of IT industry is full of advancements and innovations. Transformation from mainframe servers to internet computing has changed the way with which customers build, buy, use, and deliver technology. IT & telecommunication integrated systems market report touched USD 2 billion in the year 2014 and is estimated to cross USD 7 billion till 2022.

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Installation along with integration services reached USD 6 billion in the year 2014 and these figures reflect its demand in small, medium and also large-scale industries. It is predicted that increase in demand for change in data center will expedite its growth in coming years. It can also be stated here that increase in requirement for agility and proficiency in industries will also fuel up the market in future. Integrated systems market trends for infrastructure have reached 4.5 billion in 2014 and are estimated to exceed USD 15 billion in 2022, thus bringing decent return on investment for enterprises along with conversion of former data centers into capable, reliable and sustainable operations. These systems comprise of extra software and tailored systems for supporting development of application, storage, integration and testing. It is estimated to rise by 14.8% CGAR in the year 2015 to 2022.

Integrated Systems Market Size

Talking about some figures here, U.S. market is expected to go beyond USD 10.4 billion till 2022. Asia Pacific was noticed USD 2.5 billion in the year 2014 and is likely to maintain continuous rising graph till 2022. Indian market is expected to cross USD 1.6 billion till 2022. Transformation in data center in promising countries like India and China has contributed a lot towards regional growth.

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A significant growth in banking sector is also observed because of this new collaboration. It is projected to touch USD 8 billion in 2022 which was USD 2.8 billon in the year 2014. Moreover, retail industry has accounted 18% of overall share in the year 2014 and is likely to cross 5.8 billion till 2022.

Top industry players like Oracle Corporation, Hewlett-Packard, and IBM emphasize more on collaborations as it accelerates technology exchange, marketing, and development of product. These companies have acquired 50% market share in 2014. Other prominent companies include Accenture, Deloitte, Fujitsu, Cisco, Hitachi and Huawei.

Author NameDhananjay Punekar

Favorable regulatory environment anticipated to boost mobile virtual network operator (MVNO) market revenue

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Mobile virtual network operator (MVNO) market size is forecast to reach USD 85 billion at a growing of 9.6% from 2015 to 2022. Global Market Insights has announced the launch of a new study based report on mobile virtual network operator market. The report provides a holistic approach for the MVNO Market growth with a detailed analysis of the overall competitive landscape of the global market, for the predicted time frame. The report precisely analyzes all the main technologies, trends playing a key role in the Mobile virtual network operator market growth over the predicted period. It features the market dynamics and trends such as restraints, drivers, challenges and opportunities likely to influence the market over the projected timeframe.Surging demand for smartphones, multi SIM ownership, mobile broadband, increased data and VAS usage are anticipated to boost growth.

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MVNO sector offers differentiated services to customers. Its target niche market segments include roaming, retail, business, etc. It operates on a cost-effective operational model, at about 30% to 50% lesser cost as compared to MNOs. The introduction of 4G services in the market is anticipated to benefit the MVNOs with improved speed. Innovative, lightweight and compact devices are likely to drive the market growth.

Mobile Virtual Network Operator (MVNO) Market Size

Europe was accounted as the prime regional market with more than 45% share of the global MVNO market.

The regulatory framework was the key factor to drive the growth in the regional market. The UK, Germany and France boast a strong Mobile virtual network operator base, and are further estimated to exhibit growth over the forecast period. Commercially available LTE networks are anticipated to cover half of the world population by 2017. The industry is likely to take shape in Asia Pacific and is expected to be led by India and China.

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Expertise and lack of awareness among service operators are critical factors to restrain growth over the predicted time frame.

The report features analysis of key market players, company profiles and the strategies and details such as financials, strategic information and recent developments. Telecom regulators in the market have paid attention on the rising competition in the sector to support innovation and control price. Key mobile virtual network operator market players include Lyca Mobile, Virgin Mobile, Freenet Mobile, Poste Mobile and Lebara Mobile. Differentiated and cost effective services are anticipated to favor the industry players.

Author NameDhananjay Punekar