Semiconductors & Electronics Industry Market Research

Thursday, 24 September 2020

Key Revenue Pockets of Narrowband IoT (NB-IoT) Chipset Market

The Internet of Things (IoT) enables devices to connect to the Internet and produce real-time data as in the case of connected cars and smart homes.Existing technologies in the low-power wide area (LPWA) market are fragmented and non-standardized; moreover, they lack reliability and security, and demand high operational cost. Narrowband IoT (NB-IoT) technology is expected to overcome these shortcomings as it is highly reliable, consumes less power, and functions with a lower operational cost. The NB-IoT chipsetmarket is estimated to grow from USD 461million by 2020 to USD 2,484 million by 2025 at a CAGR of 40.0%. Widespread adoption of IoT devices especially smart meters for metering application and increasing demand for low-power & long-range connectivity technology which offers high indoor network penetration are among the major factors driving the growth of this market. The increase in participation of industry players in the development of NB-IoT, widening applications of NB-IoT, and significant of adoption of NB-IoT, especially in China, are the major macro drivers for the growth of the NB-IoT chipset market.. However, the COVID-19 pandemic is impacting global supply chains and logistics as lockdowns have been imposed geographically, and the continuity of operations for a majority of industries is severely impacted.With a decline in the supply of connectivity hardware, the pace of growth of the NB-IoT chipset market is expected to be slightly slower than previously forecasted as a result of the pandemic.

The NB-IoT chipset market is competitive owing to the presence of a significant number of global market companies as well as domestic Chinese vendors. Also, the widening applications of NB-IoT along with the commercialization of new NB-IoT chipsets and related productsare fueling its market growth. For instance, in December 2018, Qualcomm Technologies (US) announced its next-generation modems, named Qualcomm 9205 LTE modem, which are purpose-built for IoT applications such as asset trackers, health monitors, security systems, smart city sensors, and smart meters, as well as for a range of wearable trackers. The new modem brings together global multimode LTE category M1 (eMTC) and NB-IoT with 2G/E-GPRS connectivity, application processing, geolocation, hardware-based security, support for cloud services, and accompanying developer tools.

The NB-IoT chipset market for stand-alone deployment is expected to grow at the highest CAGRfrom2020to2025 in the deployment-type segment.With the growth in the number of NB-IoT-connected devices, the standalone deployment technique, utilizing new bandwidth, is likely to be used widely; this is likely to be the key factor accelerating the growth of the market for stand-alone deployment.

In terms ofdevice segment, the NB-IoT chipset market forwearable devices is expected to grow at the highest CAGR during the forecast period.The growing market for wearable devices across healthcare, entertainment, sports and fitness, and various other applications is driving the demand for low-power and highly secure cellular networks in wearable devices. The increasing concerns over health and fitness due to COVID-19 would lead to an increase in the purchase of in-stock wearables for real-time health monitoring and further enhance the demand for development in NB-IoT technology for healthcare application.

Among the major verticals, the consumer electronicssector is likely to witness the highest growth in the overall market during the forecast period.The connected device technology in the consumer electronics industry is expected to be the key enabler of the market growth for smart home solutions.

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North America is projected to witness the highest growth among the major regions forthe NB-IoT chipset market in the coming years. The established LTE-M network and availability of dual-mode NB-IoT chipsets that offer CAT-M1 and CAT-NB1/NB2 connectivity are expected to complement the growth of this market. Verizon (US), T-Mobile (US), AT&T (US), and Bell Canada (Canada) are expected to be the key service providers of NB-IoT services in the region.

The adoption of NB-IoT technologyin emerging smart cities and smart building market can be foreseen as huge growth opportunities for the market player. For instance, in February 2019, UAE-based telco du, from Emirates Integrated Telecommunications Company, along with Nokia (Finland), Affirmed Networks (US), and MediaTek, announced the launch of next-generation NB-IoT network based on the latest 3GPP Release 14 standardin the UAE. The NB-IoT will leverage the purpose-built IoT platform built by du to enable devices to deliver smart city applications ranging from smart metering, smart parking, trackers, smart health, industrial, and agriculture use cases.

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Asset Management System Market with Covid-19 Impact - Global Forecast to 2025

The Asset Management system market size was valued at USD 16.8billion in 2020 and is projected to reach USD 27.4 million by 2025; it is expected to grow at a CAGR of 10.3% from 2020 to 2025.The growth of asset management system market is driven by optimum resource utilization requirements of enterprises and reduced equipment downtime.

The returnable transport assets segment is projected to account for the largest size of the asset management system market from 2020 to 2025. The growth of this segment can be attributed to the increased use of returnable transport assets in almost all types of industries. The in-transit equipment segment of the market is projected to grow at the highest CAGR during the forecast period owing to the increased importance of these equipment in the value chain and their impact on the overall business performance of organizations. For instance, it is necessary for third-party logistics (3PL) companies to deliver consignments on time. A delay in the delivery of consignments could mean reduced sales of products, less profitability, and disappointment to customers.

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North America is expected to hold the largest share in the asset management system market during the forecast period. Most major asset management system vendors have a strong presence in this region. Moreover, people in this region adopt new technological innovations at a higher rate compared with other countries, which drives the growth of the asset management system market. Due to COVID-19, the North American economy is facing concerns regarding industrial production. Financial losses faced by US manufacturers will affect the production capacity and foreign trade operations in 2020. Thus, the economic slowdown is expected to impact the market for asset management systems in 2020.

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Wednesday, 23 September 2020

Data Center Interconnect Market by Engine Type, Application | COVID-19 Impact Analysis | MarketsandMarkets

The global data center interconnect market size is projected to grow from USD 7.9 billion in 2020 to USD 14.0 billion by 2025; it is expected to grow at a CAGR of 12.1% from 2020 to 2025. Drivers such as the migration toward the cloud and the growing borderless nature of global economy and opportunities such as the anticipated deployment of 5G and proliferation of applications are expected to fuel the growth of the data center interconnect industry.

The data center interconnect market for services is expected to grow at a higher rate during the forecast period

The services market is expected to grow at the highest rate during the forecast period, as they help in achieving critical targets, developing a skillset for improving the internal planning & control process, and remotely managing customers ' IT infrastructure and systems of end-users. The market for managed services is expected to grow at a high CAGR as these provide system management, security management, hardware assurance, and monitoring.

“The enterprise end-user segment of the data center interconnect market is projected to grow at the highest CAGR in terms of value during the forecast period.”

Increased employee mobility, adoption of bring-your-own-device, and bring-your-own-application, and big data explosion are impacting the future needs and requirements for enterprise DCI solutions. These include high performance, low latency, and secure optical WDM solutions. The real-time disaster recovery and business continuity application is the most common application for enterprise DCI. The application for dynamic workload scheduling and data replication, particularly cloud-based, will have growth areas for enterprise DCI in the future.

The data center interconnect market in Asia Pacific is projected to grow at the highest CAGR in terms of value during the forecast period.

APAC is expected to be the fastest-growing data center interconnect industry during the forecast period. Increasing adoption of optical interconnects in data centers, and metro and long-haul networks are the major drivers for the growth in this region. Digital technologies and cloud computing are rapidly transforming the enterprise communications landscape across China and are driving the need for more scalable, flexible, and efficient DCI services. Increased demand for wireless and touch interactivity, video, and demographic analytics is pushing the growth of the DCI market in this country.

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Key Market Players

The major players in the global data center interconnect market are Ciena Corporation (US), NOKIA Corporation (Finland), Huawei Technologies Co., Ltd. (China), Juniper Network Inc. (US), Infinera Corporation (US), ADAVA Optical Networking (Germany), CISCO Systems, Inc. (US), Extreme Network (US), and Fujitsu (Japan).

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Hi-Fi System Market | Size, Share, system and Industry Analysis and Market Forecast to 2025 | MarketsandMarkets

The Hi-Fi system market is expected to grow from USD 13.6 billion in 2020 to USD 17.5 billion by 2025, at a CAGR of 5.2%. The market growth can be attributed to several factors, such as a rise in demand for infotainment services, high spending on R&D by OEMs, innovations in wireless audio technology, and increasing adoption of portable devices.

Driver: Innovations in wireless audio technology

The wireless technology has made successful inroads across all the product segments of consumer electronics, and the audio technology industry has benefitted from this. Throughout this shift toward wireless, demand for advanced sound quality continues to be the crucial parameter among audio consumers globally.

Restraint: Health issues pertaining to prolonged use of audio devices

The use of headphones for listening to music or talking over the phone affects the listening power of users. Studies have revealed that continuous exposure to loud noise via loudspeakers, headphones, etc., can damage the delicate inner ear cells and result in hearing impairment or complete hearing loss. Children and youngsters are more prone to such damages. Additionally, Wi-Fi signals can create chronic sleep problems. Some implanted medical devices use radio frequency communication for reporting the status as well as making changes in device behavior. Emissions from wireless electronic devices can interfere with the functioning of these medical devices, thereby adversely affecting the health of the user.

Opportunity: Newer, non-conventional applications of headphones

Headsets are expected to help in the measurement of vitals of the body of users and track them during their workouts. Wireless headphones can also be paired with Amazon’s Alexa voice assistant to allow wearers to control connected home electrical appliances, such as thermostats and lights, remotely through verbal commands. Companies are making efforts to offer an engaging on-the-go Alexa experience to customers by making their headphones, headsets, or earbuds compatible with Alexa.

Challenge: Delivering high-quality and synchronized audio through wireless Hi-Fi systems

Wireless audio engineers are facing the challenge of not being able to deliver high-quality and synchronized audio streams in real-time using the wireless technology. Bandwidth constraints, delays in coding, and bit errors affect the wireless audio transfer. Innovations in wireless technologies, such as Bluetooth and Wi-Fi, have provided advantages such as receiving digital audio wherever and whenever required. However, the convergence of audio with video in the spectrum of consumer devices poses quality challenges for manufacturers. The availability of full bandwidth is impractical, and the required bandwidth cannot be made available for every application.

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The market for the product segment is expected to hold the largest share during the forecast period

Based on the system, the market has been divided into products and devices. The product segment, which includes speaker & soundbar, CD player, DVD player, Blu-ray player, network media player, turntable, headphone & earphone, and microphone products, has a higher market share currently and expected to grow at the higher rate during the forecast period. Of these, the speaker & soundbar segment holds the largest share of the Hi-Fi system market. Speakers and soundbars are compatible with TV sets, smartphones, music systems, gaming consoles, etc., and can be connected to them through different media sources such as High-Definition Multimedia Interface (HDMI), Bluetooth, Wi-Fi, and Universal Serial Bus (USB). Due to their portability and ease of use, wireless speakers and soundbars are getting immensely popular.

Market for automotive application is expected to register the highest CAGR during the forecast period

The Hi-Fi system market based on application is segmented into residential, automotive, commercial, and others. The automotive application is expected to register the highest CAGR during the forecast period. The growing popularity of in-car infotainment systems is expected to drive the market for Hi-Fi systems in the automotive application.

APAC expected to account for largest market share from 2020 to 2025

APAC is expected to hold the largest size of the Hi-Fi system market during the forecast period owing to large customer base and growing purchasing power of consumers. The growing popularity of wireless connectivity technology and the increasing requirement for mobility are also driving the market for Hi-Fi systems in this region. The region is witnessing increased demand for consumer electronics, such as smartphones and tablets, thereby leading to the growth of the Hi-Fi system market in the region.

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Tuesday, 22 September 2020

Top 6 Trends That Will Affect The 3D Printing Industry Significantly

3D printing has taken significant strides in the recent past, with numerous developments influencing the industry. This market is expected to continue to expand and become more integrated with a multitude of new technologies, collaborations, and systems. Always knowing what the future brings for the 3D printing sector is normal. In this blog, we will be looking into the six major trends in 3D printing that will evolve over the coming months.

https://www.360quadrants.com/software/3d-printing-software

Automated assembly

Automatic assembly is expected to be commonplace in the future, with companies easily combining multi-part installations with mixes of both, 3D printed plastic and metal components. Because of conditions like different manufacturing levels, there is presently no super printer that can do such things simultaneously, i.e. printing of metal and plastic parts. However, as automation grows, there is business potential for a more streamlined assembly system in which there is the simultaneous production of both, metals and plastics.This will help the automobile industry by allowing manufacturers to print objects into plastic components, create wear-resistant components, capture energy, apply chemical treatment, and even create plastic portions of conductors or engines.

Coding visual details into textures rendered in 3D

Using advanced 3D printing, companies would be able to encrypt confidential data inthe surface layer itself, offering a larger data volume than just the bar code. This is one approach to publicly or secretively name a part so that all humans and computers can decipher it depending on the appearance or direction of the points. For instance, 3D printing millions of copies of a serial number scattered over a part's surface so that it is either concealed or uniformly obvious.

Sustainable development to be business-driven

If industrial 3D manufacturing overlaps with production, the effect on the world will be enormous, since almost one-third of carbon dioxide emissions are connected to processing and delivery. 3D printing would allow the manufacturing sector to generate less pollution, fewerinventories, and less carbon dioxide. All throughout the product's life cycle, designers and manufacturers will reconsider construction to use fewer resources and minimize waste by combining parts and using dynamic figures to create lightweight products. This phenomenon may further decrease vehicle and airplane weight and increase fuel performance that will offset greenhouse gas pollution and electricity usage.

3D printing to boost vehicle electrification

Increasingly, manufacturers look to 3D printing and digital technology to better survive in a period of transition, when the market is going through its greatest shift in more than 100 years and shifting away from the petrol & diesel engines to electric cars. If the adoption of electric cars grows, manufacturers will begin to unleash the capabilities of both, metal and plastic 3D printing technologies to accelerate their design and production in order to achieve ambitious targets.

Software for moving digital output to new heights

Advances in data analytics and automation can enable increased device management and component efficiency, leading to better customer results. Industry businesses are building API hooks to create a flexible environment for consumers and partners, which includes individualized goods designed for purpose. Furthermore, suppliers will be able to exploit customized biometric data for product production, enabling additional functionality such as component traceability across the supply chain, automated inventory and spare parts control, and mobile manufacturing closer to the actualcustomer.

3D printing to increase efficiencies in the supply chain

Digital distribution technology and locally manufacturing stuff havenot always worked out. Ultimately, companies need to evaluate where root processing is most effective in the supply chain–whether it is close to endusers or close to the center of content production. A significant illustration of this is with packaging from the 2D world. Cardboard boxes offer a classic case of usage and expansion demand for digital printing, as there are important similarities to final pieces 3D printing.

About 360Quadrants

360Quadrants is the largest marketplace looking to disrupt USD 3.7 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.

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Best 3D Printing Software in 2020 - Latest Quadrant Ranking Released by 360Quadrants

3D printing software provides instructions to 3D printers and then connects or consolidates information in order to create a real-life 3D model. 3D printers create a customized object by printing it off in successive layers. 3D printing software can be used by organizations in a number of fields. This software can also be used to produce certain food types. Other technological applications for 3D printing are most widely found in manufacturing industries. 3D printing software is commonly used to produce computer parts, objects, or even houses.

360Quadrants has identified many vendors offering the best 3D printing softwareand listed them to help companies make rational purchasing decisions. Such quadrants are generated following an in-depth vendor assessment that includes a full range of capabilities and go to business strategy for business development. These quadrants are revised every 90 days in the 3D printing software space and involve an enhanced review of the solutions and efficiency of the vendors by experts.

360Quadrants conducts a thorough SWOT analysis and assesses the vendors selected for placement accurately. This evaluation lets organizations gain information about future market prospects and developments so that they can provide the solutions necessary for growth and sector development. 360Quadrants provides a comprehensive listing of major corporations that ease the vendor selection process.

Quadrant Categorization for 3D Printing Software

360Quadrants analyzes 20 vendors in the 3D printing software space, and 9 vendors are categorized as Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Companies and placed in the quadrant.

Fusion 360, Onshape, Tinkercad, and Solid Edge areidentified as Visionary Leaders and placed on the quadrant in the 3D printing softwarespace.

Geomagic Freeformhas been described as an Innovator in the 3D printing software space.

Blender, Simplify3D, and MeshLab are identified as Emerging Companies in 3D printing software.

UltimakerCurahas been categorized as a Dynamic Differentiator in 3D printing software.

360Quadrants Assessment Method

After extensive research on vendor offerings and strategies to capture the market, top vendors in3D printing softwareare identified in order to be placed in the quadrant. More than 80 parameters are set for the analysis based on two different sectors: Product Portfolio and Business Strategy. Product Portfolio includes parameters such as features and functionality, applications catered, types of deployment, and services &support, whereas business strategy includes parameters such as global &regional reach, partnerships & collaborations, mergers & acquisitions, industry verticals served, and distribution network.

The parameters decided by the analysts and industry experts are given weights to derive an overall score. This score is determined by internal researchers by analyzing the vendors based on the above two categories: Product Portfolio and Business Strategy. Vendors are given ascore that decides the position of the vendor on the 360Quadrant. This quadrant is modified and updated if anycompany undergoes any strategic changes.

About 360Quadrants

360Quadrants will also be launching quadrants in fields such as Architecture Software, Expense Management Software, and Facility Management Software.

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Data Acquisition (DAQ) System Market by Offering, Speed, Low Speed, Application, Vertical | COVID-19 Impact Analysis

The global Data Acquisition (DAQ) System Market size is estimated to grow from USD 1.8 billion in 2020 to USD 2.4 billion by 2025, at a CAGR of 5.3%. The major driving factors of the DAQ system industry are the increasing implementation of Industry 4.0 across aerospace and automotive sectors, technological advancements and flexibility of DAQ systems, and a growing emphasis on data monitoring.

DAQ hardware is the largest contributor to the DAQ system market, by offering

DAQ hardware is an interface between the signal and a PC, which could be in the form of modules that can be connected to the computer’s ports or cards connected to slots. DAQ hardware uses the signal conditioning process, wherein analog data is converted into digital data with sensors and other tools.

Hardware typically consists of components in the form of external expansion cards. They can be connected to the computer through a communication interface, such as a PCI or USB, or can be directly installed in the motherboard.

The hardware of the DAQ system is classified into external chassis and module and plug-in I/O boards. The external chassis and module provide increased productivity and performance in DAQ and control applications in industries. The continued migration to USB- and ethernet-based front-end systems that offer PC computing power and functionality is resulting in faster adoption rates, ultimately driving the market for external chassis and module.

High-speed DAQ system to hold the largest market share in 2025

High-speed DAQ systems have speeds greater than 100 KS/S and are used to measure voltage, current, sound, and vibration. High-speed DAQ systems are majorly used to test high-speed devices, such as batteries, engines, ECUs, inverters, and electric boards.

Various manufacturers provide these systems for different applications. These systems are used in various end-user industries, such as aerospace, satellite, and automotive. The rugged type of high-speed DAQ systems is widely used and has high demand in the automotive & transportation, wireless communication & infrastructure, and environmental monitoring verticals as it can survive extreme weather conditions.

Automotive & transportation is the fastest-growing vertical in the DAQ system market and will continue to be so during the forecast period

Vehicles and their components need to undergo numerous test runs from the conception of the idea until production. The DAQ system market has a huge opportunity in the automotive segment. The automotive sector is highly technology-driven and is one of the largest investors in R&D.

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DAQ systems help from virtual load tests conducted on the computer to mobile tests on the field, such as on-road load DAQ, and also help test vehicles and components under the real conditions of use. During the testing of vehicles and their components, DAQ software is used to intelligently standardize, analyze, and report a large amount of data. Autonomous driving, connectivity, and electric mobility are all aspects that are expected to drive the demand for DAQ systems in the automotive industry during the forecast period.

North America to hold the largest market share of the DAQ system market between 2020 and 2025

North America is one of the major global manufacturing and R&D hubs in the world. The presence of prominent DAQ system suppliers and manufacturers in North America provides the region unparalleled competitive advantage in terms of technological capabilities, making it one of the most advanced markets for DAQ systems.

In addition, an increasing need for tracking real-time data, improving visibility, and controlling production activities are driving the adoption of DAQ systems in this region. The integration of DAQ systems with equipment presents new ways for manufacturers to monitor performance and improve quality. Increasing adoption of IIoT and machine-to-machine communication (M2M) technologies in various industries in North America has broadened the reach of R&D with respect to the future applications of DAQ systems.

Key market players

Major players in the DAQ system market are National Instruments (US), Keysight Technologies (US), Fortive (US), Ametek (US), Teledyne (US), and Yokogawa (Japan).

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