Tuesday 29 May 2018

Increasing Demand for Intelligent Security Surveillance Systems is the Key Factor Driving Video Analytics Market Growth

The global video analytics market size is expected to reach USD 9.4 billion by 2025, according to a new study by Grand View Research, Inc., registering a 22.8% CAGR over the forecast period. Increasing demand for intelligent security surveillance systems, which can be used for estimating key trends and deriving patterns, is the key factor driving market growth. In addition, increasing concerns over public safety and use of video analytics in criminal investigations are positively impacting demand for video analytics solutions.

Video Analytics Market

Apart from surveillance, video analytics solutions have also found increasing application in the retail sector for estimating average footfall, gender bifurcation, display effectiveness, and attractiveness of shelf space. Furthermore, superstores and mega marts have started implementing these systems to gain insight into consumer behavior.

Use of advanced algorithm technology in video analytics enables examination of captured videos frame by frame, irrespective of light exposure, thereby making video analytics a reliable and efficient choice for ensuring security. Furthermore, industries such as transportation, retail, and healthcare are witnessing significant increase in the adoption of video analytics, owing to rising application of intrusion detection, license plate recognition, crowd management, and congestion detection in these industries.

In depth research report on Video Analytics Market

Further key findings from the study suggest:

·       Facial recognition is expected to emerge as the fastest growing application segment with a CAGR of 25.9% from 2017 to 2025. This can be attributed to widening scope of facial recognition solutions for surveillance purposes at malls, events, airports, and public transport, among others

·       By type, the services segment is projected to register the highest CAGR of 24.0% for the next eight years. This can be attributed to increasing demand for and installation of video analytics solutions, which are, in turn, propelling demand for related managed and professional services

·       The cloud segment is anticipated to emerge as the most preferred deployment option for video analytics solutions as it offers flexibility and convenience, allows remote access, and provides easy maintenance

·       North America accounted for the largest share in 2016 and is driven by presence of prominent market players who consistently work on developing new and innovative technologies in video analytics

·       The retail end-use segment is anticipated to register the highest CAGR of 25.6% over the forecast period.  This may be attributed to use of video analytics in applications such as people counting, display and promotion effectiveness, product placement and store layout, and customer preference pattern analysis

·       Asia Pacific is expected to experience the highest growth from 2017 to 2025, driven by emerging economies such as India and China. These nations are expected to augment their expenditure on intelligent and security surveillance systems

·       Key industry participants include Cisco Systems, Inc.; Axis Communications AB; Bosch Security Systems GmbH; Agent Video Intelligence Ltd.; Honeywell International Inc.; IBM Corporation; AllGoVision Technologies Pvt. Ltd.; Genetec Inc.; Aventura Inc.; and i2v System Pvt. Ltd.

Grand View Research has segmented the global video analytics market based on type, deployment, application, end use, and region.

Video Analytics Type Outlook (Revenue, USD Million, 2014 - 2025)

·       Software

·       Services

Video Analytics Deployment Outlook (Revenue, USD Million, 2014 - 2025)

·       Cloud

·       On-premise

Video Analytics Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Crowd Management

·       Facial Recognition

·       Intrusion Detection

·       License Plate Recognition

·       Motion Detection

·       Others

Video Analytics End-use Outlook (Revenue, USD Million, 2014 - 2025)

·       BFSI

·       City

·       Critical Infrastructure

·       Education

·       Government

·       Retail

·       Transportation

·       Others

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 About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Tuesday 15 May 2018

LED Lighting Market Hit USD 108.99 billion by 2025 : Grand View Research, Inc.

The global LED lighting market size is expected to reach USD 108.99 billion by 2025, according to a new report by Grand View Research, Inc., and will register a CAGR of 14.4% during the forecast period. Continuous development of energy-saving capabilities, introduction of Standard Deviation Color Matching (SDCM) control, and longer lifespan compared to CFL lamps have accelerated demand for LED lamps at a global level. Introduction of smart/connected lighting and its multiple uses in residential, commercial, and industrial sectors has also spurred market growth.

LED Lighting

Next-generation lighting has become a substitute for incandescent bulbs due to its benefits such as higher efficiency, low cost of operation, and reduced heat losses. Technological advancements, shift from conventional to green lighting, enhanced energy efficiency standards, and declining prices have also spurred demand. Moreover, strict regulatory policies across U.S., European Union, China, and Canada regarding conventional lighting and energy consumption are anticipated to favor market demand over the coming years. Corresponding ratings and design standards categorizing energy efficiency are also finding prevalence across economies such as Japan and China.

The indoor LED lighting segment held the largest share in 2016 and is anticipated to register a comparatively lower growth rate from 2017 to 2025. High adoption of light emitting diodes as an alternative to florescent, HID, and incandescent lightings has paved the way for indoor lighting on a large scale.

In depth research report on LED Lighting Market

Further key findings from the report suggest:

·       The global LED lighting market is expected to develop at a CAGR of 14.4% from 2017 to 2025

·       OLED emerged as the largest product segment in 2016 and is estimated to generate revenue worth USD 58.0 billion by 2025

·       Global LED luminaires demand was valued at USD 10.63 billion in 2016 and is anticipated to witness staggered growth over the course of the forecast period

·       The U.S. LED architectural lighting market was valued at USD 0.79 billion in 2016 and is anticipated to exhibit a CAGR of nearly 15.0% over the forecast period.

·       The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to tremendous demand for energy-efficient lighting in residential and commercial sectors. The regional market is expected to exhibit a CAGR of 15.4% from 2017 to 2025

·       Key players such as Koninklijke Philips Electronics N.V.; OSRAM GmbH; Cree, Inc.; Eaton; and GE dominated the global LED lighting market, accounting for about 59.0% of the total revenue in 2016.

Grand View Research has segmented the global LED lighting market on the basis of product, design, application, and region:

LED Lighting Product Outlook (Revenue, USD Million, 2014 - 2025)

·       Basic LED

·       High brightness LED

·       OLED

·       Others

LED Lighting Design Outlook (Revenue, USD Million, 2014 - 2025)

·       Lamps
o   A-Lamps
o   MR-16
o   Reflectors
o   T-Lamps
o   Others
·       Luminaires
o   Streetlights
o   Downlights
o   High Bays
o   Troffers
o   Track lights
o   Suspended pendants
o   Others

LED Lighting Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Indoor
o   Commercial
o   Residential
o   Industrial
o   Others

·       Outdoor
o   Architectural
o   Public places
o   Others
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 About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Wireless Infrastructure Market Hit USD 116.75 billion : Grand View Research, Inc.

The global wireless infrastructure market size is expected to reach USD 116.75 billion by 2025, according to a new report conducted by Grand View Research, Inc., exhibiting a CAGR of 5.7% during the forecast period. Enterprises have been shifting to hosted and managed networking and communication services as these address problems of high initial investments associated with unified communications systems. Small and mediums businesses (SMBs) and larger enterprises have realized the benefits of network infrastructures, thereby fueling market growth.

Wireless Infrastructure Market

Growing demand for enterprise mobility is expected to favorably impact the market, particularly in the telecom application area, over the forecast period. The healthcare sector is also expected to be a fast-growing sector, owing to high-quality data transmission and connectivity enabling enhanced patient care and video collaborations resulting in reductions in healthcare costs.

The imminent telecom and network infrastructure era is likely to witness colossal growth opportunities attributable to the persistent era of BYOD, WYOD, cloud computing, Artificial Intelligence (AI) in telecom applications, and an era of 4G, LTE, and 5G high-speed data connectivity network infrastructure capabilities.

The market can be categorized based on technology into Macrocell RAN, Small Cells, RRH, DAS, Cloud RAN, Carrier Wi-Fi, Mobile Core, and Backhaul. The Macrocell RAN technology segment is anticipated to dominate the market in terms of size, as a principal contributor to the overall revenue by 2025. The segment is expected to, however, register a slow growth rate on account of increasing adoption of its technologically advanced HetNet counterparts in the years to come. The healthcare sector is expected to be an emerging revenue pocket for wireless infrastructure solutions with increasing focus on networking technologies.

In depth research report on Wireless Infrastructure Market 

Further key findings from the report suggest:

·       North America, being a densely populated commercial hub, dominated the global wireless infrastructure market in terms of revenue in 2016. Favorable government policies, regulations, and subsidies are driving the growth of the network and telecom infrastructure sector in the region

·       Increasing need for high-speed mobile Internet and 4G connections is expected to accelerate LTE deployments worldwide

·       Rising investments by operators to deploy high-speed networks are expected to drive the number of Mobile Broadband (MBB) connections over the forecast period

·       Key industry participants include Huawei Technologies Co., Ltd. (Shenzhen, Guangdong); Qualcomm Technologies, Inc. (U.S.); Samsung (Japan); Ericsson (Sweden); and ZTE Corporation (China).

Grand View Research has segmented the global wireless infrastructure market based on technology and region:

Wireless Infrastructure Technology Outlook (Revenue, USD Billion, 2014 - 2025)

·       Macrocell Radio Access Networks (RAN)

·       Small Cells

·       Remote Radio Heads (RRH)

·       Distributed Antenna Systems (DAS)

·       Cloud RAN

·       Carrier Wi-Fi

·       Mobile Core

·       Backhaul

Browse more research reports of this category:

 About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Electric Kettle Market is the Fastest Growing Market With a CAGR of 5.5% From 2019 to 2025

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