Industry Insight

The Global Audio IC Market was estimated at 6.31 Billion in 2018 and is poised to reach USD 17.52 Billion by the year 2025, according to the report found by Market Research Future. The report also states that the market is set to grow at a rate of 16.1% during the forecast period (2016–2025).

Top Impacting Factors

The foremost driver motivating the global audio driver IC market is escalating penetration of audio driver IC in consumer electronics. With the augmented demand of televisions, smartphones, and home entertainment systems, the demand for audio driver IC is screening a positive growth trend, all over the world. The surged demand for compact and energy-efficient devices among consumers for both domestic and commercial use is also triggering market growth globally.

The usage of the digital audio system and digital audio IC has endorsed high-quality and room-filling sound. The audio IC has its benefits, unavoidably likely to transform the traditional audio platform from analog to digital, conclusively motivating to deliver growth of the global audio IC market during the foretell period. In fact, the rising demand for speakers, television, Smartphones, home entertainment, and other consumer electronics plausible to add to the global audio IC market growth parameters during the assessment period.

Top Market Players

The top market players in the audio IC market are listed across all the significant regions are STMicroelectronics, Texas Instruments, Maxim Integrated, Analog Devices Inc, Cirrus Logic, THAT Corporation, Infineon, ams AG, New Japan Radio (NJR), Microchip, ON Semiconductor, NXP Semiconductor, ROHM Semiconductor, Renesas Electronics, and Tempo Semiconductor.

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Along with these factors, many manufacturers from all over the world are focusing on the development of compact, energy-efficient, and cost-effective devices for domestic and commercial usage anticipated to accelerate the growth of the global audio IC market in the forecast period. Additionally, the escalating trend of investment in a self driven autonomous car requires an onboard computer with digital audio IC, likely to spur the growth of the global digital audio IC market during the assessment period.

Despite these factors, some factors, such as the unavailability of raw materials of audio driver IC from the supplier side is posing as a significant factor hindering the growth of the global audio driver IC market. Also, the factor of the high cost of integration in commercial usage of amplifiers is creating a significant restraint of the global audio driver IC market. Augmented demand for customized amplifiers of sound systems in the entertainment industry and manufacturers are making them available, which is creating great opportunity in the overall audio driver IC market.

Segmentation of Market: Audio Driver IC

The global Audio IC market has been segmented among various segments, such as type and application.

Depending on type segment, the audio IC market has included audio DSPs, audio converters (audio ADC, audio DAC, others), audio amplifiers (volume control IC, audio line drivers and receivers, speaker amplifier), microphone preamplifiers, audio processors, and others.

Depending on the application segment, the audio IC market has included professional audio, automotive audio, smart and portable devices, smart home, and more.

The global BLE beacons market is growing rapidly. The BLE beacons are widely used in retail stores, travel & tourism, and education industry. The market growth attributes to key advantages offered by BLE beacons technology, including low battery life impact, high reach to customers through personal advertising, and no dependency on the interconnectivity to establish communication. Besides, the growing demand for proximity marketing and technological impact on the consumers escalate market growth.

According to Market Research Future (MRFR), the global BLE Beacons Market is poised to create a valuation of USD 15.49 BN by 2025, growing at 26.8% CAGR throughout the assessment period (2019-2025). In 2018, the market valuation had reached USD 3.12 BN. The penetration of IT technology, cellular systems, and smart connected devices in the healthcare sector drives the growth of the market. Digital devices ae deployed to improve interfaces in wireless technology and applications.

Bluetooth Low Energy Beacons Market – Competitive Landscape

Highly competitive, the BLE beacons market appears fragmented due to the presence of several well-established players. Market players adopt strategies such as collaboration, mergers & acquisitions, expansion, and product launch to gain a larger competitive share. The industry is intensive for intellectual property and technology, making market entry a challenge for small players.

Industry players rely on collaboration and partnerships with other players to innovate solutions and cut down development costs & time. Technology providers explore a variety of distributions channels and social media to generate inbound leads.

Major Players:

Players leading the global BLE beacons market include BlueCats, UFO Beacons, Proximity Solutions, Estimote Inc., Mobstac Inc, K2B Solutions, JK Technosoft, Gelo, Google LLC, Hewlett Packard Enterprise Development LP, and Apple Inc. , among others.

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Significantly increases data usage over wireless networks and rising adoption of communication platforms boosts the market growth. Moreover, increasing demand for wireless data services for emergency alerts & notifications, and proximity marketing influence market growth. Additionally, spurring growth in users of cell phones, tablets, and high-tech hand-held devices connected to wireless networks fosters the development of the Bluetooth low energy beacons market.

Conversely, the lack of infrastructure in rural areas is a significant factor predicted to impede the market growth. Nevertheless, the availability of futuristic technologies such as IBeacon and Eddystone would support market growth throughout the forecasted period.

Global BLE Beacons Market – Segments

The report is segmented into three dynamics;

By Type : IBeacon, Eddystone, and others.

By Application : Retail, Healthcare, Manufacturing, Media & Entertainment, Travel & Tourism, Education, and others.

By Regions : Europe, Americas, Asia Pacific, and the Rest-of-the-World.

Global BLE Beacons Market – Regional Analysis

North America dominates the global BLE beacons market. The largest market share attributes to the early adoption of proximity marketing and the high usage of smartphones. Besides, the presence of several major industry players and the early adoption of BLE beacons drive the growth of the market. Moreover, the rising demand for BLE beacons from increasing numbers of retail stores and the growing tourism industry foster the growth of the regional market.

The US and Canada are among the top contributors, with a combined market share of approximately 40%. Substantial R&D investments and advancements in wireless technologies fuel the growth of the market. The North American BLE beacons market is projected to retain its dominance throughout the estimated period.

Europe stands second in the global BLE beacons market. Market growth attributes to the rising purchasing power and the penetration of medical devices. Additionally, established healthcare sectors and increasing per capita healthcare expenditures substantiate the growth of the regional market. Besides, the proliferating manufacturing and travel industry in the region, fuels market growth. The European BLE beacons market is expected to create a substantial revenue pocket during the review period.

The BLE beacons market in the Asia Pacific region is growing briskly. Factors such as the presence of several notable market players and increased adoption of smart connected devices, such as smartphones, laptops, and tablets, boost the regional market growth. The increasing adoption of the BLE beacons technology in healthcare sectors influences the regional market growth. The APAC BLE beacons market is forecasted to grow at an impressive CAGR during the assessment period.

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Industry/ Innovation/ Related News:

September 01, 2020 ---- Two American companies, React Mobile and CommScope Inc. announced their partnership to provide an adept and cost-effective solution for keeping workers safe. React Mobile develops Panic Button Apps and Devices for the Workplaces. CommScope is a global network infrastructure provider company. Employee safety is highly important for businesses across many industries, such as hospitality, healthcare, and education.

The partnership would allow a combined solution comprising CommScope RUCKUS wireless access points (APs) integrated with IoT and React's best-in-class employee safety devices (ESDs). Using the Bluetooth Low Energy (BLE) beacons in RUCKUS Wi-Fi APs, businesses can quickly, efficiently, and cost-effectively meet state and local government mandates to provide "panic buttons" all lone workers.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Market Dynamics

The market for wafer fabrication 2020 can expect to reach a valuation of USD 62 Billion by 2025-end, asserts Market Research Future (MRFR). Additionally, the market is likely to procure a growth rate of 4% during the forecast period, which is between 2019 and 2025.

Primary Boosters and Main Deterrents

With COVID-19’s growing menace worldwide, the semiconductor industry has been severely impacted, wherein various manufacturing facilities have been closed down and the production has taken a significant hit. This has led to drastic disruption of the ecosystem, in line with numerous supply chain players setting up their production facilities out of China in order to curb their over dependency on the country. Lockdowns in the wake of the pandemic has affected manufacturing and has also hauled the demand for semiconductor devices.

That said, the Wafer Fabrication Market is presumed to do well in the years ahead, on account of the thriving consumer electronics industry, along with frequent technological innovations in the telecom sector. The semiconductor industry is also presumed to be quite resilient in the face of unexpected event, given the continuous technological advancements and intense efforts on the part of the renowned players to compensate for the revenue loss. The rapid advancements in network circulation have boosted the manufacturing of smartphones as well as other electronic devices that are extensively deployed in network and telecommunication applications, leading to more demand for fabrication and electronic components process.

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The wafer fabrication market also benefits from the escalating demand for silicon wafers, and the surge in equipment footprint. Advancements in wafer technologies for denser packaging of semiconductor devices like transistors and MEMS (micro-electro-mechanical system) can emerge as lucrative opportunities for the industry contenders in the following years.

Competitive Scenario

The wafer fab market is extremely fragmented and exhibits notable growth potential, on account of the thriving semiconductor industry. Players that are concentrating on sharpening their expertise in a few types of equipment are expected to procure significant market traction in the following years.

Some of these players are Tokyo Electron Limited (Japan), KLA-Tencor Corporation (US), Lam Research Corporation (US), ASML Holding NV (Netherlands), Motorola Solutions, Inc. (US), Intel Corporation (US), Applied Materials, Inc. (US), SCREEN Semiconductor Solutions Co., Ltd (Japan), SAMSUNG (South Korea), Hitachi High-Technologies Corporation (Japan), and others.

Some other noteworthy vendors listed in the report are Merck KGaA (Germany), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Nikon Corporation (Japan), Dainippon Screen Manufacturing Co. Ltd (Japan), Okmetic Oy (Finland), to list a few.

Market Segmentation

The wafer fab market has been studied extensively, keeping in mind the primary segments of equipment type, fabrication process and end user.

The equipment types considered in the report are ion implantation equipment, diffusion systems, oxidation systems, photolithography equipment, epitaxial reactors, and others.

The fabrication processes studied are front end of line processing as well as back end of line processing.

The primary end-users listed include memory manufacturer along with integrated device manufacturer.

Regional Insight

The geographic distribution of the wafer fabrication market covers Europe, the Middle East & Africa or MEA, Central and South America, Asia Pacific or APAC and North America.

The biggest chunk of the global market belongs to APAC, thanks to the high concentration of well-known semiconductor equipment manufacturers and the improving financial conditions. The rising number of government initiatives has prompted the companies to significantly invest in the development of new semiconductor fabrication plants across the region. Accelerated demand for wafer fabrication technology in the consumer electronics sector and the surge in technological innovations in the telecom as well as semiconductor sectors also promote growth of the wafer fab equipment market in the region.

However, the fastest gaining market during the review period will be owned by North America, primarily owing to the heightened adoption rate of consumer electronics devices. Significant innovations in wafer technologies along with the increasing adoption of wafer fab technology in newer applications can translate to excellent growth prospects for the regional market.

The MEA market can observe tremendous growth in the ensuing period, mostly due to the continuous expansion of the telecom industry.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Static random-access memory (S-RAM or SRAM) is a semiconductor memory component capable of retaining data as long as power is being supplied. It is used in small memory banks, caches, and registers. The large number of computing, microprocessor, and consumer electronic applications can drive its need exponentially. The global static random-access memory market report by Market Research Future (MRFR) provides a detailed view of the industry replete with growth enablers and challenges for estimating revenue and growth trajectories for the period of 2019 to 2025 (forecast period). The COVID-19 pandemic and its impact are analyzed at a granular level for providing an unbiased view.

Market Scope

The global Static Random-Access Memory (SRAM) Market was valued at USD 389.3 million in 2018 and is expected to reach USD 527 million by 2025. It can display a CAGR of 4.45% during the forecast period.

The ability to access data at high speeds and compatibility with low-power applications can drive the market. Shift to embedded SRAM in ASIC applications and customized applicatiosn can bode well for the market. Assembly of various consumer electronic devices and demand for quality semiconductor components can fuel the need for SRAM. The popularity of gaming and gaming devices can lead to its integration in latest system consoles. This is evident with Microsoft Corporation using SRAM in Xbox One systems which can accelerate file saving than traditional DDR3 RAM. Moreover, the integration of SRAM physical unclonable functions (PUF) on semiconductor chips for prevention of data theft can favor the market greatly.

But the complex architecture and expensive nature of the component can threaten market growth.

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Competitive Outlook

Lyontek Inc., Integrated Device Technology, Inc., ON Semiconductor, Integrated Silicon Solution Inc., Microchip Technology Inc., SemiLEDS Corporation, Cypress Semiconductor, Jeju Semiconductor, Renesas Electronics Corporation, Chiplus Semiconductor Corp., and others are key players of the global static random-access memory (S-RAM) market.

Segmentation

The global static random-access memory (SRAM) market has been segmented on the basis of type, memory size, and application.

By type, the global static random-access memory (SRAM) market has been segmented into serial SRAM, synchronous SRAM, laser asynchronous SRAM, pseudo SRAM, and others.

By memory size, the global static random-access memory (SRAM) market has been segmented into 8 KB–256 KB, 256KB–2 MB, and above 2 MB.

Based on application, the global static random-access memory (SRAM) market has been segmented into IT & telecommunication, automotive, consumer electronics, industrial, aerospace & defense, and others.

Regional Analysis

By region, the global static random-access memory (SRAM) market has been segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and Central & South America.

The APAC region is estimated to dominate the global static random-access memory (SRAM) market followed by North America. The wide consumer electronics customer base in China and the presence of major global foundries in APAC has led to the faster development of non-volatile memory technologies and has permitted the easy availability of products in the market. The launch of next-generation technologies and 3D packaging can induce the need for SRAM on chips. Furthermore, technological initiatives and investments by governments in the form of IT parks to promote the development of dynamic memory modules is further boosting the growth of the regional market.

On the other side, North America is expected to witness the fastest growth due to the increasing deployment of data centers in the region. According to the Washington State Department of Commerce, the US data center market is witnessing growth due to large storage options by consumers and enterprises. North Virginia has the largest data center market in the US. The focus on online gaming and sales of latest multi-player games can be fruitful for the global SRAM market in the region.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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The global photonic integrated circuit (PIC) market is expected to exhibit a strong 25.9% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global Photonic Integrated Circuit Market was valued at USD 385.5 million in 2017 and is expected to rise to a valuation of close to SD 1,492.4 million by end of the forecast period. The report presents a detailed analysis of the global photonic integrated circuit market’s historical growth trajectory in order to illuminate the readers on how the market has progressed over the historical review period. This database of historical information about the photonic integrated circuit market is also used to make accurate forecasts about the global photonic integrated circuit market’s likely growth trajectory over the forecast period from 2018 to 2023. Leading players in the global photonic integrated circuit market are also profiled in detail in the report in order to provide readers with an accurate analysis of the global market’s competitive landscape. The impact of the global COVID-19 pandemic on the global photonic integrated circuit market is also assessed in detail in the report.

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Photonic integrated circuits are a combination of photonic sensors and other electronic components. They use photons (light) to perform various optical functions. In a photonic integrated circuit, signals are processed using a combination of visible and infrared radiation. Photonic sensors are used in PICs to convert the light into an electric signal. Photonic integrated circuits have become widely popular in various applications, including nanoelectronics, LIDAR, calorimetry, and various silicon-based technologies. The growing use of photonic integrated circuits in quantum computing is likely to be a major driver for the global photonic integrated circuit market over the forecast period. Quantum computing has become a must-have in various crucial applications in recent years due to its higher processing speed and ability to multi-function easily. Developments in quantum computing have also come on at a rapid rate in recent years due to the significant investment made by major tech players in quantum computing. This has increased the demand from the photonic integrated circuit market in recent years and is likely to be a major driver for the global photonic integrated circuit market over the forecast period.

The high speed and high bandwidth provided by photonic integrated circuits have been the major drivers for the global photonic integrated circuit market over recent years. Along with their high speed and bandwidth, photonic integrated circuits also consume less energy than conventional integrated circuits, making them doubly attractive to end users. This is likely to remain the major driver for the global photonic integrated circuit market over the forecast period.

Competitive Leaderboard:

Leading players in the global photonic integrated circuit market include Mellanox Technologies Ltd., Kaiam Corporation, JDS Uniphase Corporation, Intel Corporation, Infinera Corporation, Hewlett-Packard Company, Finisar Corporation, Enablence Technologies Inc., EMCORE Corporation, CyOptics Inc., Ciena Corporation, Broadcom Inc., Alcatel-Lucent SA, Aifotec AG, and Agilent Technologies Inc.

Segmentation:

The global photonic integrated circuit market is segmented on the basis of integration type, component, application, and region.

By integration type, the global photonic integrated circuit market is segmented into hybrid, monolithic, and module.

By component, the global photonic integrated circuit market is segmented into lasers, modulators, photo detectors, attenuators, and optical amplifiers.

By application, the global photonic integrated circuit market is segmented into optical fiber communication, optical fiber sensor, biomedical, quantum computing, and others. The quantum computing segment is likely to retain an important share in the global photonic integrated circuit market over the forecast period. Optical fiber communication is also likely to be an important application segment of the global photonic integrated circuit market over the forecast period.

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Regional Analysis:

North America leads the global photonic integrated circuit market and is likely to remain in the leading position over the forecast period. Advanced photonic integrated circuit technology is available in the region, due to the growing presence of major market players in the region.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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The massive MIMO market witnesses a steady growth. The market growth attributes to the growing adoption of Massive MIMO (multiple inputs multiple outputs) to push the technological and environmental limits of incumbent 5G distributed digital equipment. Besides, the rising implementations of new and improved software in communication networks to increase the data transfer speed and efficient network connectivity drive the market growth. Moreover, the high signal to noise ratio for efficient transmission of data and network connectivity escalate the market demand substantially. Massive MIMO market is projected to garner a valuation of approximately USD 35.61 billion and registering a massive CAGR of 36.2% throughout the assessment period (2020-2030).

Massive MIMO Market - Competitive Landscape

Highly competitive, the Massive MIMO Market appears fragmented with the presence of several notable industry players. To gain a larger competitive share, market players incorporate strategic initiatives such as mergers & acquisitions, innovation, and brand reinforcement. These strategies support the player's growth and expansion plans. Hence they make substantial investments to develop adept technologies and products. These companies also focus on developing their product portfolios with the latest technologies. The market competition would intensify due to new product launches and the new entrants in the market.

Major Players:

Players leading the Ma-MIMO market include Ericsson (Sweden), Nokia Corporation (Finland), Huawei Technologies Co., Ltd. (China), Verizon (US), ZTE (China), Sprint Corporation (US), China Mobile Limited (China), Bharti Airtel Limited (India), and Deutsche Telekom AG (Germany), among others.

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With the increasing numbers of mobile phone users, the connectivity between connected devices is increasing, which, in turn, promotes the demand for massive MIMO to decrease the traffic between the devices to share information and provide better network capacity across several industry verticals. Moreover, advances in LTE systems foster the market demand, offering better coverage, superior stability, and faster performance execution than conventional LTE systems.

Global Massive MIMO Market - Segments

The report is segmented into four dynamics;

By Technology: LTE Advanced, LTE Advanced Pro, and 5G.

By Application: 8T8R, 16T16R & 32T32R, 64T64R, 128T128R & above.

By Spectrum: FDD, TDD, and others (FBMC, OFDM).

By Regions: Americas, Europe, APAC, and Rest-of-the-World (RoW).

Global Massive MIMO Market - Geographical Analysis

The Asia Pacific region dominates the global massive MIMO market. The largest market share attributes to substantial investments made by telecom companies in the region. Besides, the rising Smartphone users increasing use of the Internet for data sharing and developments of 3G/4G/5G and LTE networks drive the regional market growth. The increasing demand for stable communication, data traffic management, and increased transmission & reception speed in the region substantiate market growth.

Moreover, various types of applications that utilize the Internet as a source of information and communication boost the size of the regional market, increasing the adoption of massive MIMO. China, Japan, and India are the key MA-MIMO markets in the region. The Asia Pacific massive MIMO market is estimated to retain its dominance throughout the forecast period.

North America stands second in the global massive MIMO market. The region is a hub for the development and early adoption of advanced telecom technologies. Additionally, the market growth is driven by the enormous demand for LTE, FDD, TDD, and FBMC & OFDM spectrums. Furthermore, the growing telecom industry and small cell infrastructure architectures foster the growth of the regional market.

Several notable industry players and a well-established telecom infrastructure push market progress, allowing implementations of futuristic technologies. The North American MA-MIMO market is projected to grow at an impressive CAGR during the assessment period.

Europe massive MIMO market is emerging as a lucrative market globally. The region perceives massive uptake of massive MIMO in the burgeoning telecom industries, especially in the UK and Germany. Moreover, growing technological advancements push the growth of the market.

Besides, factors such as the presence of notable industry players and increasing demand for digital technologies boost the regional market growth. The European massive MIMO market is anticipated to generate a substantial revenue pocket during the assessment period.

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Industry/ Innovation/ Related News

March 31, 2020 ---- Vodafone Idea Limited (India), a leading telecom operator, announced the deployment of 2,000 Massive MIMO in Delhi to offer extra talk time to feature phone users. After double data offering with its prepaid plans, the Company said that massive MIMO recorded a 35 percent increase in payload. The investment in ma-MIMO technology is to set up a 4G+ network to help the Company meet the growing data demand during the crisis.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Market Analysis

The Optical Transceiver Market is predicted to grow at a 15.3% CAGR in the forecast period 2030, states the latest Market Research Future (MRFR) report.

Drivers

Rapid Expansion of Data Centers to Boost Market Growth

The rapid expansion of data centers that support streaming videos, social networking, cloud services, and online commerce will boost the market growth over the forecast period. Most large scale enterprises are increasingly reliant on cloud services. This is increasing the demand for high bandwidth and advanced networks that are likely to fuel market growth.

Opportunities

Emergence of New Wireless Technologies to offer Robust Opportunities

The emergence of new wireless technologies like ZibBee have added to the internet traffic by allowing easy connectivity for a wide range of devices which will offer robust opportunities to this market over the forecast period.

Restraints

Lack of Network Connectivity to act as Market Restraint

The lack of network connectivity will act as a market restraint over the forecast period.

Challenges

Rising Labor Cost

The rising labor cost will act as a market challenge over the forecast period.

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COVID-19 Analysis

Several industries have experienced the consequence of the COVID-19 pandemic and global optical transceiver market is no different. The pandemic had a noteworthy effect on the manufacturers of optical transceivers for supply chain disruptions and frequent lockdowns. Besides, geopolitical matters and economic slowdown have also limited market growth.

Key Players

Eminent players profiled in the global optical transceiver market report include Finisar Corporation (U.S.), Lumentum Holdings Inc. (U.S.), Accelink Technologies Co., Ltd (China), Oclaro Inc. (U.S.), Sumitomo Electric Industries, Ltd. (U.S.), Foxconn Electronics Inc. (Taiwan), NeoPhotonics Corporation (U.S.), Fujitsu Optical Components Ltd. (Japan), Reflex Photonics Inc (Canada), Source Photonics, Inc (U.S.), among others. Other vendors include Smartoptics (Norway), Perle Systems (Canada), FS.COM (U.S.), Precision Optical Transceivers, Inc (U.S.), Broadcom Corporation (U.S.), Ruckus Networks (U.S.), Curvature (U.S.), GBC Photonics (Poland), AimValley B.V. (The Netherlands), integra optics (U.S.), Moog Protokraft (U.S.), PennWell Corporation (U.S.) PeakOptical (Denmark), Laird Technologies, Inc (U.S.), Into Networks B.V. (the Netherlands), Murata Manufacturing Co., Ltd (Japan), Sandstone Technologies Inc. (U.S.), among others.

Market Segmentation

By fiber type, the multimode SFP will lead the market over the forecast period.

By data rate, the more than 100 Gbps segment will dominate the market over the forecast period.

By end user, the data centers segment will spearhead the market over the forecast period.

By form factor, the QSFP segment will have the lions share in the market over the forecast period.

By configuration, the Optical Transceiver Market is segmented into full-duplex mode and half-duplex mode.

Regional Analysis

North America to Sway Optical Transceiver Market

North America will sway the market over the forecast period. The region being technologically advanced, increased advances in the field of optical networks, growing adoption of data centers, consequent volume of unstructured data, heavy investments in R&D from the key vendors, the growing need for mobile data via wireless connectivity, the presence of the world’s largest cloud providers and data centers in the US, demand for high data speed communication, and growing demand for 5G communication are adding to the global optical transceiver market share in the region.

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Industry Updates

VIAVI Solutions has launched Fusion JMEP 10, a small, smart form-factor pluggable (SFP+) Gigabit Ethernet optical transceiver for network test, turn-up, as well as performance monitoring up to 10 GbE.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Market Overview:

The Interactive Projector Market is projected to develop at a CAGR of 21%. The Interactive Projector Market worth will additionally extend up to USD 3 Billion before the finish of the estimate time frame 2017-2023. The intuitive projectors are useful in introducing the projected picture. The picture is shown on yield gadgets, for example, projector screens, dividers, and so forth The intelligent projectors are incorporated with sensors to follow the developments appropriately.

An electronic pen moves the sign to the projector and the picture is shown on the screen. This electronic pen assists the moderator with connecting with the projector without any problem. The fast innovative headways and the utilization of virtual advancements among instructive establishments are driving the Market. They are additionally high sought after among corporate associations. These driving variables will fuel the development of the Projector Market.

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Market Segmentation:

The market sections of the Interactive Projector System are isolated into projection distance, aspect, show type, application, and goal.

Based on Projection Distance, the Interactive Projector Market is divided into Short Throw, Ultra Short Throw, and Standard Throw.

Based on Dimension, the Interactive Projector Market is isolated into 3D and 2D.

Based on Display Type, the Interactive Projector Market is divided into L-CoS (Liquid Crystal on Silicon), DLP (Digital Light Processing, and LCD (Liquid Colour Display).

Based on Application, the market of Interactive Projector is isolated into Media and Healthcare, Enterprises, Tourism and Hospitality, Healthcare, Education, and others

Based on Resolution, the market of Interactive Projector is divided into Wide XGA, XGA, Wide UXGA, and HD

Regional Analysis:

The Interactive Projector Market Size based on locale is separated into North America, Asia-Pacific, Europe, and the Middle East, and Africa. As indicated by the reports, North America will overwhelm the market with the biggest Interactive Projector Market Share. The intelligent projectors are exceptionally utilized for instructive purposes. Because of this explanation, schools and other instructive organizations are embracing intelligent projectors.

Alongside that, the workplaces and strong government arrangements are further advancing development. Accordingly, because of high reception in the nations, for example, the US and Canada, North America will move the market development. Besides, Asia-Pacific and Europe will likewise have s critical development during the estimate time frame.

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Industry News:

ViewSonic Corp in June 2017 which is a worldwide supplier for the result of visual arrangements declared the development of its line of intuitive answers for learning. It sent off a super short toss projector called PS750W.

In April 2018, Yinscorp, an organization situated in California reported the send-off of its new Count projector. The organization additionally fostered that can change a cell phone into an increased reality projector.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact:

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New York, NY 10013

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A comprehensive study conducted by Market Research Future Reports (MRFR), the global smart connected devices market is accelerating at a rapid pace. The market is estimated to expand exponentially in the forthcoming period. The growing demand for mobile smart connected devices is likely to influence the global smart connected devices market 2020. Besides, smart connected devices are being used in various industries, which is propelling the demand. Moreover, the rising demand for IoT is other significant factors resulting in the amplification of global Smart Connected Devices Market. In addition, the increasing demand for tablets, smartphones, and smart devices across the world is a crucial factor leading to market expansion. Apart from this, the BYOD trend is gaining popularity in developing and developed countries, which is accelerating market growth. Moreover, the increasing digitization for various applications and the rising disposable income is projected to augment the market growth. In addition, the innovation of technology and increasing internet penetration is leading to additional growth of the market.

However, the expansion of the market is estimated to be affected significantly due to the outbreak of COVID-19. The daily operations in various regions were put to a halt which immensely affected the manufacturing cycle of the product.

Key Players

The established players of the global Global Smart Connected Devices Market are Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan), Motorola Solutions Inc. (U.S.), L.G. Corporation (South Korea), Nokia Networks (Finland), Hewlett-Packard (U.S.), Apple Inc. (U.S.), HTC Corporation (Taiwan), Dell Inc. (U.S.), Micromax Informatics (India), Gionee Communication Equipment Co. Ltd (China), Videocon Industries Ltd. (India), Lenovo Group Ltd. (Hong Kong), Acer Inc. (Taiwan), Blackberry Ltd. (Canada), ZTE Corporation (China), and a few more.

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However, the expansion of the market is estimated to be affected significantly due to the outbreak of COVID-19. The daily operations in various regions were put to a halt which immensely affected the manufacturing cycle of the product.

Market Segmentation

The global Smart Connected Devices Market Size can be divided on the basis of product, end-user, and country.

On the basis of product, the global Smart Connected Devices Market can be divided on the basis of media players, smartphones, tablets, smart band, smartwatch, smart glasses, wireless printers, smart clothing, smart meters, connected bulbs, smart cameras, smart locks, smart home appliances, and smart thermostats.

On the basis of end-user, the global smart connected devices market can be divided on the basis of commercial, residential, and industrial.

On the basis of the country, the global smart connected devices market can be divided on the basis of Asia Pacific, North America, Europe, and Rest of the World (RoW).

Regional Analysis

The global smart connected devices market is estimated to expand exponentially during the forecast period. The analysis has been performed for Asia Pacific, North America, Europe, and Rest of the World. Among all regions, North America is projected to acquire the largest market share during the forecast period. However, the APAC region is estimated to expand at the fastest pace during the forecast period. North America consists of various established organizations. The U.S. and Canada are anticipated to be the most active countries in expanding the regional market by making the most substantial contribution during the review period. Besides, the region has a well-developed infrastructure. A well-advanced infrastructure leads to a better penetration of devices and better connectivity. On the other hand, the APAC region is likely to experience a faster adoption of such devices relatively. Moreover, the idea of smart cities has been gaining popularity which is bringing a significant impact on the market expansion. Among all nations, emerging economies like China and India are estimated to play the most crucial role in market expansion. Besides, the region is witnessing a fast adoption of IoT, which is escalating the market demand.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Market Synopsis

The new research report by Market Research Future (MRFR) emphasizes that the global Pressure Transmitter Market is poised to secure a significant market valuation nearly USD 4 Billion by 2023, at a significant 6% CAGR over the assessment period (2017-2023).

Drivers and Restraints

The pressure transmitters market size is projected to witness substantial growth due to technological advancements in industrial and consumer appliances. The primary factor fueling the growth of the global pressure transmitters market share is the focus on industrial automation and the optimal use of resources. Presently, industries are shifting towards the adoption of automation in all stages of the production cycle. This helps in reducing human error and accidents and also warrants for improved precision in the production process.

Competitive Landscape

The top market players identified by MRFR in the global market are Emerson Electric Company (U.S.), Endress+Hauser AG (Switzerland), Honeywell International, Inc. (U.S.), Yokogawa Electric Corporation (Japan), D0wyer Instruments, Inc. (U.S.), Siemens AG (Germany), ABB Ltd. (Switzerland), General Electric (U.S.), WIKA Alexander Wiegand SE & Co. KG (Germany), Schneider Electric SE (Germany), and others.

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The most recent trend in the pressure transmitters market is the need for a smart and cost-efficient product that includes digital communication interfaces. They are produced of piezoelectric materials, which do not get affected by radiation and electromagnetic fields, which are sigficant factors contributing to the progress of the global pressure transmitter market. Owing to these factors, the need for conventional analog output pressure transmitters is anticipated to continue to decline over the prognosis period. The motive for this change in trend is the rise in digital networking amenities, therefore reducing the need for wiring. However, innovative and superior technology is deployed in electronic gadgets and mechanical equipment that requires high maintenance costs, which may restrain the global pressure transmitter market.

Market Segmentation

The global pressure transmitter market is analyzed by communication protocol, type, sensing technology, application, and industry. Based on the type, the pressure transmitter market comprises of absolute, gauge, differential pressure, and multivariable pressure transmitters. The communication protocol segment includes HART (Highway Addressable Remote Transducer) and wireless HART, Profibus, Foundation Fieldbus, and others. The sensing technology segment includes capacitive, piezoresistive, piezoelectric, strain gauge, and others. The application segment comprises of flow, level, and pressure. The vertical segment consists of oil & gas, food & beverage, pulp & paper, water & wastewater, chemical, power, metal & mining, pharmaceutical, and others.

Regional Overview

The geographical overview of the global market has been conducted in four major regions, namely the Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

The North American market for pressure transmitters is poised to record the highest growth rate over the review period, driven by the early development and adoption of industrial automation, owing to a lack of human resources. Expansion of the automotive sector and demand for electronic pressure transmitters are factors contributing to the growth of the market. These factors are also influencing the European pressure transmitters market, which is likely to observe a similar growth trajectory to that of North America.

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Asia Pacific market is poised to expand at a substantial CAGR. The increase in the number of automotive and chemical industries in the region is likely to boost the pressure transmitter market over the review period. Other factors, such as the development of new projects, and demand for industrial automation in the region to surge productivity with respect to optimized cost, are also expected to drive the market in APAC. Growing population, urbanization, and development in manufacturing industries in emerging economies such as China and India are other aspects fueling the market growth in the Asia Pacific region.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com