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Press Releases from Allied Analytics (20 total)

Global Mobile Payment Market Share Growing at 30.1% CAGR to Generate $12.06 Tril …

Increase in penetration of smartphones across the globe and rise in the m-commerce industry in emerging countries are the major factors driving the growth of the mobile payment market. On the other hand, rising data breaches and security issues in mobile payment restrains the growth to some extent. However, growth in usage of NFC, RFID, and host card emulation technology in mobile payment and surge in demand for fast and

Power Management Integrated Circuits Market to Grow $51.04 Billion, Globally, by …

Rise in technological advancements, surge in demand for battery-operated devices, and growth of the semiconductor industry and semiconductor applications drive the growth of the global power management integrated circuits market. In addition, increase in sales of consumer electronics & automobiles and reduction in cost & area density supplement the market growth. However, multi-power domain system on chip (SOC) of PMICs hampers the market growth. On the contrary, rise in application

Why Head-Up Display (HUD) Market is Growing at Faster Pace in American Regions? …

Rise in demand for high-tech vehicles, higher penetration rate of head-up displays in the aerospace and defense sector, demand for safety features in automobiles, and challenging driving conditions drive the growth of the global head-up display market. However, its high cost hampers the market. On the contrary, advancements in AR technology and emergence of new applications are expected to create lucrative opportunities for the market players. COVID-19 scenario: As the majority of

Why Smart Devices Market Growing at a Faster Rate? Regional Analysis and Growth …

Most of the companies are developing new products to increase market share and the primary strategy adopted by most companies is partnerships and collaborations as it allows them to share technical expertise. Some of the key companies profiled in this report are Samsung, Apple, Pebble, Mayo Clinic, Google, Adafruit, Sony, Panasonic and Vuzix. Smart Devices are devices that perform various smart functions such as health monitoring, people tracking, driving

GaN Power Device Market Set to Grow $1.24 Billion by 2027, at 35.4% CAGR

Decrease in prices of GaN devices, increase in demand for GaN devices for wireless charging, and rise in adoption of GaN devices in electric vehicle have boosted the growth of the global GaN power device market. In addition, increase in requirement of GaN devices for commercial RF applications augments the growth of the market. On the other hand, lack of availability of GaN material hampers the market growth to some

3D Camera Market Expected to Reach $11,131 Million by 2024, CAGR of 37.1%

Increasing demand of 3D content from entertainment industry and enhancement in 3D scanning technology, are fostering the market growth. Key camera developers are developing innovative cameras, enhanced by emerging 3D technology. High price and lack of awareness impedes the market. The global 3D camera market was valued at $1,219 million in 2017, and is projected to reach $11,131 million by 2024, growing at a CAGR of 37.1% from 2017 to 2024. Download

Global and Asia-Pacific Radar Market share growing at 3.8% CAGR to Reach $49.43 …

Increased territorial battles, advancements in radar technology, and rise in demand for radar systems in automotive & defense industry drive the growth of the global & Asia-Pacific radar market. However, adverse climatic conditions hamper the market. On the contrary, high investment from the developed countries in military sector is expected to create lucrative opportunities for the market players in the future. Major market players: Northrop Grumman Corporation SAAB AB Lockheed Martin Corporation Thales Group, Rockwell

Intelligent Lighting Controls Market share growing at tremendous rate 17.4% CAGR …

Increase in penetration of LED bulbs and lightings globally and rise in government initiatives toward energy saving measures fuel the growth of the global intelligent lighting controls market. On the other hand, high initial installation cost impedes the growth to some extent. However, emerging smart city projects in developing economies and growing inclination toward energy-efficient lighting solutions are expected to create multiple opportunities in the industry. Key players in the industry- Cisco Cree,

Industrial Cobot Market Share Growing at 44.8% CAGR to Generate $12.48 Billion, …

Rise in demand for automation, availability of affordable and energy-efficient industrial cobots, and surge in investment in R&D activities augment the growth of the global industrial cobot market. However, high installation cost restrains the market growth. On the other hand, growing robot installation in various industry verticals across the globe offers multiple opportunities to the market players. According to the report, the global industrial cobot industry garnered $0.65 billion in

Crowdsourcing Market by Platform Type (Open Service Platform and Managed Service …

Companies need platforms to market and develop new products based on customer data & information. Thus, organizations and other business sectors gather knowledge and ideas by crowd sourcing, which drives the crowdsourcing market growth. However, businesses with sensitive budget are reluctant to invest on these categories. In addition, there is lower consumer penetration in rural areas, owing to weak internet & social knowledge, which hinders the market growth. Crowdsourcing usually entails

Global Shadow Banking Market Share by 2027: UBS Group AG, Standard Chartered PLC …

Surge in adoption of shadow banking in real estate projects to avoid regulatory framework and increase in adoption of shadow banking in emerging countries drive growth of the market. However, strict regulations imposed by governments to avoid shadow banking practices hamper growth of the market. Furthermore, rise in adoption of shadow banking by various industries and non-financial institutes to surge their profit and grow in emerging countries such as India

Cash Payment Market Growing at Faster Pace - Global Opportunity Analysis and Ind …

Increase in need in daily payments for purchasing, transacting bills payment, provisions among individuals & businesses are some of the factors that drive the market growth. However, rise in competition among players offering cash payments and stringent government regulations are some of the factors that hamper the market growth. Cash payment is a formal transfer of money by a participant, such as individual or a corporation to another party in

Two Wheeler Insurance Market Share Growth by 2027: Which regions are gaining utm …

Surge in number of two-wheeler buyers across developing nations and rise in awareness among individuals regarding insurance benefits drive growth of the market. In addition, rise in automobile sales and mandatory requirements to insure all vehicles by governments across the world fuels the growth of the market. However, rise in competition in the insurance market hampers growth of the market. Furthermore, increase in urbanization and adoption of digital platforms by

Next Generation Memory Technologies Market Share by 2027: New Technologies and R …

Some of the major players engaged in production of next generation memory technologies are Samsung electronics, Crossbar Inc., Fujitsu Ltd, Micron technology, Inc., SK Hynix, Inc., Future electronics and others. These companies continuously enhance their R&D sections to cope up with new technology advents taking place. Micron technology, a leading provider of advanced memory and storage solutions has announced production of DDR4 memory to support the upcoming Intel CPU’s. The next

World Acoustic Sensor Market Share by 2027: Latest Updates and New Technologies …

The global acoustic sensors market is driven by increase in government initiatives, rise in number of acoustic-based Micro Electrical Mechanical System (MEMS) devices, and technological advancements. However, high cost of these systems hampers the market growth. Moreover, increased investment in R&D is expected to provide new opportunities for market growth. The major players profiled in the report includes BOSTON PIEZO-OPTICS INC., Ceramtec, Murata Manufacturing Co., Teledyne Microwave Solutions., KYOCERA Corporation, Panasonic

Global Smart Gas Meter Market Share by 2027: Latest Technologies by Tech Giants …

The demand for smart gas meters is expected to rise globally in the next few years, owing to various factors such as stringent government regulations, growth in urbanization, and rise in of demand for gas. However, high maintenance cost and complex design components of these systems restrain the growth of the market. Moreover, increased investment to digitalize gas distribution channels are expected to open new opportunities in the market. Download Sample

World Quantum Cascade Lasers Market Share by 2027: Global Opportunity Analysis a …

QCLs offer enormous potential in biomedical, sensing, R&D, military, and homeland security areas. These high-power lasers with low failure rate, robust fabrication, and long-life time boost the market growth. Its usage in LIDAR, industrial process control, automotive cruise control, and collision avoidance radar makes way for market growth opportunities. However, changing customer needs and costs associated with broadening the scope of QCL-based systems restrains the market growth. Key players operating in

World Smart Irrigation Market Share by 2027: Latest Technologies Invented by Tec …

Growth in food demand of the ever increasing population fuels the market growth. Also, emphasis of world governments on the planned use of natural resources such as water and greater awareness about environmental issues helps in the growth of the market. However, shortage of the irrigation at a commercial level hinders the market growth. Smart irrigation is the advanced irrigation system that uses various sensors and network components for the purpose

Global LED Materials Market Share by 2027: CREE, Inc., Hitachi Metals, Ltd., Lak …

LED materials gain popularity in the market with high growth rate, owing to the fact that various LED products used in cruise ship lights, industrial, hospital, and residential lightning illuminate their facades. Moreover, favorable government policies including various labeling and certification programs provide new growth opportunities for the LED industry. However, the short lifespan of these materials prevent exponential growth of the market. The LED material market is segmented based

Claddings Market Scope, Growth Drivers & Strategy Framework, Forecasts 2022 | Ac …

The claddings market has risen to great heights with the development of product for the residential and commercial infrastructure globally. That extra layer of skin on the exterior and interior of building structures to warrant safety from weather elements and add aesthetic appeal has yielded an emerging market. Global claddings market is expected to reach $262,381 million by 2022 growing at a CAGR of 6.7%. North America dominated the market

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