openPR Logo
Press release

Brain Computer Interface Market is Expected to Garner $1.46 Billion by 2020: Emotiv, Inc., Advanced Brain Monitoring Inc. and Nihon Kohden Corporation

04-22-2019 07:11 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Brain Computer Interface Market

Brain Computer Interface Market

The Global Brain Computer Interface (BCI) market is expected to reach $1.46 billion by 2020, registering a CAGR of 11.5% during 2014-2020. A global rise in the count of brain disorders along with the increasing government funding to improve healthcare systems, would supplement the growth of this market. The non-invasive BCI technology accounted for about 85% of the total BCI market revenue in 2013, and demonstrate a steady growth in future, thus, eliminating the need to perform surgeries and implant BCI devices.

Geographically, North America holds a major share in the BCI technology market due to high penetration of such technologies in this region. APAC is also a major contributor primarily to the vast computer gaming industry. The European region constitutes the third largest market and is expected to grow at a relatively higher CAGR during the forecast period. The European Commission is taking active measures for the population with motor disabilities. In 2012, the EC commissioned EUR 2.3 million in support of a three year project for the well-being of population suffering from motor disabilities. The technology enjoys highest adoption in the healthcare sector followed by the gaming industry.

Need more details? Request a sample of the “Brain Computer Interface Market” report at https://www.alliedmarketresearch.com/request-sample/505

An increase in the number of game developing companies, implementing BCI technologies to improve the overall gaming experience, would further enhance the adoption of BCI technologies. The application of BCI technology is also underway in the smart homes control industry and would witness incremental growth during the forecast period of 2014-2020.

For purchase enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/505

The growth is also attributed to the stiff competition amongst the prominent market players leading to swift technological advances in the BCI systems. Players such as Emotiv, Inc., Advanced Brain Monitoring Inc. and Nihon Kohden Corporation are adopting a consistent development process of innovative products to penetrate the market and further enhance the overall revenues.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Brain Computer Interface Market is Expected to Garner $1.46 Billion by 2020: Emotiv, Inc., Advanced Brain Monitoring Inc. and Nihon Kohden Corporation here

News-ID: 1713054 • Views: 438

More Releases from Allied Market Research

North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently

All 5 Releases


More Releases for BCI

BCI and EEG Market to Witness Robust Expansion by 2025
LP INFORMATION recently released a research report on the BCI and EEG market analysis, which studies the Electrical Cord Reels's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global “BCI and EEG Market 2020-2025” Research Report categorizes the global BCI and EEG market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players
Non-Invasive BCI Market: Competitive Dynamics & Global Outlook 2020-2025
This report also researches and evaluates the impact of Covid-19 outbreak on the Non-Invasive BCI industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Non-Invasive BCI and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.). GLOBAL INFO RESEARCH has lately published a new report titled, *Global Non-Invasive BCI Market 2020 by Company, Regions, Type and Application, Forecast to 2025*. The researchers have
Strongsville, Ohio wins BCI Burke Voltage playground contest
FOND DU LAC, Wis. (August 22, 2011) – A new playground will be installed later this year in conjunction with grand prize contest announcement by BCI Burke recently. The City of Strongsville, OH, was the lucky winner of the contest held by the playground manufacturer, with corporate headquarters in Fond du Lac, WI. “I was amazed when I received the call that we won the playground. All of our
BPO CERTIFICATION INSTITUTE (BCI) ENTERS CHINA
Close on the heels of launching its widest-spectrum BPO credentialing and certification services in India, the BPO Certification Institute Inc (BCI) is now all set to enter CHINA. It has just signed an exclusive CTP Partnership Agreement with the Qingdao-based technology training major WNR Technologies. BCI, as a standards body for global BPOs, aims at playing a key role in the development of a worldclass talent-base for the rapidly growing
BCI Launches BSDQ22 BPO Delivery Standards & Certification in Asia Pacific
BPO Certifications Institute, Inc., the Texas-based competence credentialing giant has finally approved its BSDQ22 Service Delivery Standards for the Asia Pacific BPO Industry. This paves the way for hundreds of BPO services organizations to benchmark their service delivery processes to global delivery standards for the first time. The BCI Standards Board, which is the credentialing regulations body of BCI for all standards and certifications, took nearly a year to validate
BCI ready to launch Asia-focused BPO Certifications in India
The Texas-based BPO Certification Institute Inc., (BCI) the world’s largest BPO Certification body, is all set to launch its Asia-focused CCIP Certification for the first time in India. The Certified Customer Interaction Professional (CCIP) Certification program, which has been developed after 18 months of Credentialing research in BCI’s BPO Competency Research Center, carries stringent eligibility requirements and is targeted at young fresh talents who have spotted BPO as a career. Hero