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— Oscar Wilde.
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Machine Learning Chips: Novel Solution To Meet The Increasing Computing Demand
Technology has advanced at a rapid pace and every new day comes with the launch of a novel innovation. The computers of today are filled with AI-based application and demand for faster computing speed. The AI chips that offer powerful machine learning and deep learning capabilities. These chips are rapidly being adopted by several industries across the globe. Its technology uses algorithms and various computational methods to enable computers to think as humans and animals may react in a particular situation. As you perform more trials of the algorithm, it gets improved on its own.
The recent emergence of quantum computing and rise in number of machine learning application have boosted the demand for machine learning chips.
Amazon launched a new ML chip
The mogul of e-commerce, Amazon.com, has recently launched a novel machine learning microchip, which will enter the market to go toe-to-toe with both Intel Corp and Nvidia Corp. It is no secret that Amazon is one of the major buyers of computing chips from Nvidia and Intel. The semiconductor power provided by these two manufacturers has been helping Amazon to boost its web services. However, now Amazon has decided to cook its own chips instead of relying on others.
Inferentia, the new Amazon’s machine learning chip is expected to help the so-called “cell inference”, which is–in simple terms–a process of using AI algorithm and use it to various purposes. For instance, such algorithms can be used to scan incoming audio and translate them into text-based requests. It is said that Amazon’s chip is not an immediate threat to Nvidia and Intel’s business as Amazon has declared that it won’t sell these novel chips. However, with these chips, Nvidia and Intel would lose its major customer. To add more stress to these two company’s revenues, Amazon is not the only company that is designing its own customized machine learning chip.
Alibaba launching in-house AI chip
Chinese internet giant, Alibaba, has announced to release its in-house AI chip in this year to boost company’s cloud and the internet of things (IoT) business. Formally, Alibaba has established a semiconductor business to manufacture its own AI chips and announced intentions of developing quantum processors. Now, the company’s high R&D activities would give result in the form of the launch of in-house AI chip, named AliNPU, that has potential to support advanced technologies that are used in autonomous driving and smart cities.
Pingtouge, Alibaba’s new semiconductor subsidiary, was set up to focus on developing customized AI chips and embedded processors. Moreover, Alibaba recently acquired Hangzhou C-Sky Microsystems, a well-known vendor of integrated circuit design, describing that this acquisition is a vital move to boost its chip-making capabilities.
ARM launches two AI chips for machine learning purposes
The British chip designer, ARM, has also entered in the race of designing chips that are designed for machine learning. As per the company, the designs are expected to offer innovative computing capabilities in developing machine learning-driven devices. The chips are said to be designed for the ARM machine learning processor that can speed up the existing AI applications, especially in facial recognition.
It is no secret that machine learning shifts the workload and offers several advantages such as decreased power demands and reduced bandwidth requirements while maintaining the lower costs. Moreover, it reduces latency on a remarkable amount as the data does not need to leave the device, which also boosts security and reliability.
Huawei unveils machine learning chips to boost AI strategy
Huawei, one of the most successful telecommunications equipment companies, has unveiled two new machine learning microchips that are built to support its AI strategy. According to the company, these chips are the world’s AI IP and chips series designed for a full range of deployment scenarios. The two chips are named as Ascend 310 and Ascend 910. Among them, Ascend 310 is developed to fulfill low-power computing needs and Ascend 910 caters cloud computing.
As per the company, the Ascend 910 has the “greatest computing density in a single chip”. The company has cleared that there is no competition between Huawei and giants such as Qualcomm and Nvidia. Moreover, Huawei won’t sell chips directly to third-party companies, but instead, it would supply them AI-enabled modules, cloud services, and servers.
It is expected that the rapid technological advancements and growing trend of adopting machine learning would result in the launch of new and cutting-edge chips. The market players have been investing a huge pile of money to develop in-house machine learning chips that can fulfill a company’s computing requirements and other companies are expected to follow such a trend in the future.
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Test and Measurement Equipment Market Technological Advancement, Development Status and Strategic Assessment | COVID-19 Effects
Market Highlights
The global test and measurement equipment market is expected to generate a revenue of USD 30,400.8 million within the present forecast years, at a CAGR rate of 4.15%.
The demand for Test and Measurement Equipment is increasing on a rapid scale. The adaptation is increasing mostly across the pharmaceuticals and healthcare areas. The biological research, food & beverages sector, and other industries are also adapting its proficient use. As per the government, regulations for quality, maintenance have been imposed, the use of these types of equipment across the select industries has also multiplied gradually. There is a vast adaptation of consumer electronic devices, and there is a boom in technological advancements for the networking and telecommunication sector. Hence, these are the major market drivers for this industry.
The COVID 19 outbreak decreased the demand for most of these products and acted as a market challenge for this Test and Measurement Equipment Market Research Industry to thrive. The worldwide lockdown also resulted in the shutting down of most of the manufacturing plants in several countries. But on the other side, the government soon permitted the medical-related industries and manufacturing units to revive their pace of work. It is because the demand for medicines and medical equipment increased due to the pandemic outbreak. And the market challenge soon turned out to be a market opportunity.
The report focuses upon the overall market growth, based upon considerable different factors. It is shedding light upon the market segmentation, regional analysis, and industry upgrades. Even though with the restraint as increased penetration of all rental & leasing services, the market is still rising to the maximum potential. The Test and Measurement Equipment Market Research Revenue was USD 23,320.4 million in 2018, and that record is all set to break, with the progressive demand cycle in the present years.
Segmentation:
Based on product segmentation, the global test and measurement equipment market is classified into general-purpose and wireless tests.
Based upon the component segmentation, the global test and measurement equipment market is classified into connectors, cables assemblies, and value-added accessories.
Based on the services segmentation, the global test and measurement equipment market is classified into professional services such as integration service, repair/support, maintenance service, and consulting service. Along with that, the market also offers managed services!
Based upon the application segmentation, the global test and measurement equipment market is classified into aerospace & defense, healthcare & medicinal equipment, telecommunication, industrial & manufacturing, automotive and electronics & semiconductor applications.
Regional Classification
The regional Test and Measurement Equipment Market Analysis states that the global test and measurement equipment market is widely spread across North America, South America, Asia-Pacific, Middle East & Africa, and Europe. Amongst them, North America is the dominating region that generated 30.7% of the Test and Measurement Equipment Market Share in the previous forecast period. And the same is expected by the end of the present forecast years.
Industry News
With the rising demand for medical equipment, consumer electronics, and measurement devices, the key players are multiplying their efforts to increase the production pace to meet the rising demands at medical institutions on priority. Spectris PLC is one of the major key players, taking advanced measures to develop the growth aspect for the overall market.
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Sensor Market Latest Innovations, Research, Segment, Progress, Growth Rate, and Global Forecast 2027 | COVID-19 Effects
Market Highlights
The global sensor market size is expected to reach USD 228.08 billion within the present forecast years. The growth rate is expected to rise at 6.22% CAGR.
There is a rapid sensor market demand rise for IoT embedded applications, and sensors in smart cities have also experienced an amazing hike. Apart from that, mobile phones and smart gadgets are also using different types of sensors today. And with all of these collective demands, it is somehow the best time for the market to rise and shine. The global sensor market trends are within the automation industry, smartphone industry, remotely sensed applications, and complete electronic gadgets industry.
Even with the COVID pandemic on top of the world’s critical period, the sensor market opportunities were not at all affected. But the problem was with the production halts. As the entire world was pushed into a lockdown situation, the manufacturers of progressive sensors were also shut down for a limited period. All of the workers and staff were instructed to hold their grounds at the time. And that affected the industry with a huge chunk of sensor market revenue. But with the COVID effect being neutralized, the market has again picked up the pace in present forecast years, with a prediction of high market revenue.
The report focuses on the global sensor market growth potential by considering market segmentation, regional analysis, and other such factors. The market size of the sensor industry was high in the previous forecast period, and there were drastic and positive ups & downs throughout the past few years. But with the rise in demand, the growth rate is stabilized with high supply to generate a higher market size in the long run.
Segmentation:
Based on the type segmentation, the global sensor market insights state the classification into image sensors, optical sensors, motion sensors, pressure sensors, humidity sensors, touch sensors, level sensors, temperature sensors, radar sensors, proximity sensors, biosensors, and others.
The global sensor market is classified into microcontrollers, amplifiers, transceivers, and ADC & DAC based on component segmentation.
These components act upon implementing technological advantages to the sensors.
The global sensor market is classified into MEMS, NEMS, CMOS, and others based on the technology segmentation. All of these technologies are embedded in sensors to help enrich their functionality and abilities.
Based on the vertical segmentation, the global sensor market is classified into different verticals or areas of utilization. With this sensor market analysis, you can conclude that the sensors are highly utilized by consumer electronics, industrial sector, automotive sector, healthcare, IT & Telecom, Food & Beverages, construction, Aerospace & Defense, and others.
Regional Analysis
The global sensor market share is collected from different regions of the world, where the market is operating on a high scale. The regions include North America, Europe, Asia-Pacific, and other parts of the world. The key players across these regions are putting up collective efforts to enhance the sensor market revenue generation in the coming years, particularly in the present forecast years.
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Automatic Gate and Door Opening System Market Estimations, Competitive Landscape, Business Revenue Forecast and Statistics | COVID-19 Effects
Market Scenario:
Market Research Future (MRFR), reveals different factors that govern the global automatic gate and door opening system market 2020, in its latest report. The automatic gate and door opening system global market is anticipated to thrive at 6.8% CAGR in the forecast period. The increase in the valuation of the Automatic Gate and Door Opening System Market is likely at USD 14,238.3 Mn by 2025.
The increase in the application of Automatic gates to control access into secured areas can promote the expansion of the automatic gate and door opening market in the years to come. The increase in the application of automatic gate and door opening system to disallow unauthorized intruders can support the rise of the automotive gate and door opening market across the forecast period. The increase in demand for active and passive security devices can impel the expansion of the automotive gate and door opening market across the analysis period. The increase in the utility of gates, Sliding doors, shutters, and garage doors can improve the expansion of the automatic door opening systems market across the analysis period.
The rapid rise in industrialization and gradual expansion of the real-estate sector can propel the automatic gate and door opening market in the years to come. The rise in the demand for automation and increase in the installation of automatic gate and door opening system in commercial projects across western countries can drive the progress of the market in the forecast period.
Key Players:
The prominent players in Automatic Gate And Door Opening System Market are – CAME UK (U.K.), RIB S.R.L. (Italy), Aleko Products (U.S.), King Gates S.R.L. (Italy), Katres Automation (India), Proteco S.R.L. (Italy), Newturn Automation Pvt. Ltd. (India), Life Home Integration (Italy), ABA Automatic Gates & Doors (Australia), Beninca Group (U.K.) among others.
Global Automatic Gate and Door Opening System Market – Segmentation
The segment assessment of the automatic gate and door opening system market is based on gate type, access control system, and end user.
The access control system based segments of the automatic gate and door opening system market are voice recognition system, fingerprint identification system, card tag system, telephone access system, proximity sensor system, face identification camera system, iris scan system, remote control system, and keypad system. The fingerprint identification system segment can garner high turnover across the analysis period.
The gate type based segments of the automatic gate and door opening system market are sliding gates, swinging gates, boom barriers, shutter systems, and bollards. The swinging gates segment can thrive at the highest CAGR across the analysis period.
The end user type based segments of the automatic gate and door opening system market are transportation hubs, commercial, residential, military, and industrial. The increase in commercial and residential application of automatic gate and door opening system can promote the market growth.
Automatic Gate and Door Opening System Market – Geographical Analysis
North America, EU, Asia-Pacific, and the rest of the World regions where automatic gate and door opening market trends are studied.
In North America, the increase in the automatic gate and door opening system market can rise at high pace across the analysis period. The rise in the demand for automatic gate and door opening system in residential and industrial solutions can impel the expansion of the market across the review period. The growing adoption of automated automatic gate and door opening system market can bolster the expansion of the market across the analysis period. The US can head the automatic gate and door opening market in the North American region.
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Public Cloud Market Analysis, Share, Size, Trends, Market Growth and Segment Forecasts To 2027 | COVID-19 Effects
Market Highlights
Public cloud is the most recognizable model of cloud computing that is created by using pooled shared physical resources and is accessible over a public network such as the internet. As public clouds are capable of providing services to several clients using the same shared infrastructure, their use is being favored increasingly. Benefits such as the accessibility to cloud resources easily on demand from the public clouds’ vast pools of resource enables speedy and seamless response to fluctuations in activity. The employment of a pay-as-you-go charging model has further made the public computing market more lucrative.
The market for public cloud is anticipated to earn revenues worth USD 1,132.88 billion while expanding at a CAGR of 22.78 percent in the duration of the forecast period from 2017 to 2023. Cloud services are gaining impetus through many industry verticals. Nevertheless, this presents an exclusive opportunity for small & medium size organizations (SMEs) as they are using one or the other cloud services. Furthermore, the application of cloud services is more feasible as compared to hardware installation, as it offers a high level of data protection and wide scope for data recovery thus, boosting its penetration among SMEs. Currently, IT companies are also hugely investing in cloud services because of the increasing generation of heterogeneous data which is stored and managed on the public cloud. The growing demand for Infrastructure-as-a-Service (IaaS) in IT industries due to the rising volumes of business & financial data and the data related to complex information in various verticals is enhancing the development of the Public Cloud Market greatly. Moreover, enterprises are adopting public cloud services to easily implement and access platform solutions such as big data, data analytics, and the Internet of Things (IoT) which is also positively influencing market growth.
The public cloud market is expected to gain momentum in the forthcoming years due to the integration of cloud platform with the Internet of Things (IoT). The integration of cloud with IoT technology will enable enterprises to enhance their operations by accelerating business agility along with strategic decision making. Thus, the combination of cloud platform with IoT technology will pave the way for the growth of the public cloud market in the forecast period.
Latest Industry News
- Accenture has helped Carlsberg transition with its IT infrastructure to the public cloud. 16 NOV 2018
- NiceLabel, a global developer of label design software and label management systems, has launched the first public cloud label management system. This system has been developed to allow businesses to transform their factory and warehouse labeling process digitally. 15 NOV 2018
Key Players:
The prominent players in the Public Cloud Market are – International Business Machines Corporation (U.S.), Amazon.com, Inc. (U.S.), Microsoft Corporation (U.S.), Google (U.S.), Hewlett-Packard (U.S.), Salesforce.com (U.S.), Oracle Corporation (U.S.), VMware, Inc.(U.S.) , Cisco Systems, Inc. (U.S.), Verizon Wireless (U.S.), and Rackspace Inc. (U.S.) among others.
Segmentation:
The global public cloud market is segmented into cloud computing, service, organization size, industry, and region. By cloud computing, the market is further sub-segmented into cloud billing, cloud communication platform, cloud access security, cloud high-performance computing, and cloud infrastructure. Presently the cloud infrastructure segment dominates the market due to the focus on setting up the appropriate infrastructure to support cloud computing capabilities. However, cloud billing is expected to experience the highest CAGR of 24.99% during the forecast period due to the growing need for secure billing and payment methods with maximum security to protect sensitive data.
By service, the market is sub-segmented into SaaS, PaaS, and IaaS. The SaaS segment is expected to grow at the fastest CAGR during the assessment period. SaaS allows users to deploy various applications without installing them individually. Service providers offer management of security, availability, and performance while reducing overall implementation costs, thus boosting market growth.
By organization size, the market is divided into large enterprises and small and medium enterprises. The large enterprise’s segment is witnessing the most growth and presently accounts for the most significant segment. Large enterprises have been observed adopting public cloud platforms owing to the high availability, reliability, and cost. With services easily customizable to suit the enterprise and the ease with which software upgrades can be performed ensures efficiency of time and other resources that often used in the maintenance of systems.
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Active Electronic Components Market Competitive Landscape, Market Analysis, Segmentation and Trends | COVID-19 Effects
Market Highlights
Increasing penetration of smartphones as well as other wearable devices, along with industrial automation, has boosted the demand for active electronic components. Soaring demand for active electronic components in the healthcare and automotive sectors combined with surging adoption of MEMS technology benefits the global active electronic components market.
The global active electronic component market holds the potential to attain a CAGR of 10% during the forecast period (2016-2022), believes Market Research Future (MRFR). The market for active electronic can touch a valuation of USD 330 billion by the end of 2022, adds MRFR.
Increasing modernization of vehicles coupled with mounting demand for luxury and technologically advanced vehicles has also led to a high adoption of active electronic components. Growing applications of active electronic components in consumer goods paired with rising use of renewable energy resources induce market growth. In addition, advancing use of active electronic components in connected devices has helped the market achieve further success over the years.
The market also profits from surging concerns about energy efficiency and the rising trend of IoT, which is prompting players to come up with low-cost and energy-efficient active electronic components. Moreover, frequent technological advancements and accelerated demand from developing economies are believed to be working in favor of the active electronic components market.
Significant Players
Significant companies shaping the worldwide active electronic components market include Renesas Electric Corporation (Japan), Texas Instruments, Inc. (U.S), Analog Devices, Inc. (U.S.), Maxim Integrated (U.S.), Panasonic Corporation (Japan), Toshiba Corporation (Japan), STMicroelectronics (Switzerland), NXP Semiconductors N.V. (Netherlands), Hitachi AIC Inc. (Japan), Infineon Technologies AG (Germany), to name a few.
Segmentation:
The global active electronic components market has been carefully studied by MRFR and has been narrowed down to segments like product type and end-users.
Considering the product type segment, the market includes optoelectronic devices, integrated circuits, semiconductor devices, vacuum tubes, display technologies, and others. The integrated circuits had been the leading segment, valued at USD 76.96 Billion in 2016. The segment shows signs of achieving a growth rate of 11.42% in the following years.
The end-users in the active electronic components market are healthcare, information technology consumer electronics, aerospace & defense, automotive, and others. The consumer electronics sector controls the largest share in the global active electronic components market, thanks to the surging demand for smart devices along with the growing disposable incomes in developing countries. As a result, the consumer electronics segment can attain a CAGR of 11.95% during the review period, and its value in 2016 was estimated at USD 73.5 Billion.
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Industrial Automation Market Technological Advancement, Development Status and Strategic Assessment | COVID-19 Effects
Market Scenario:
Industrial Automation can be defined as the use of computer aided control devices to operate different industrial processes by replacing human involvement. Industrial automation helps to operate multiple processes in controlled manner. It helps for mass production by reducing time and increasing production quality. Global Industrial Automation Market is expected to grow at USD 149 Billion by 2022, at 6% of CAGR between 2016 and 2022.
Industrial Automation consists of different levels such as sensor level, automation control level automation, supervision level and enterprise level. The sensor level can also be called as the process level that uses sensors and actuators for getting values of the process variables on periodic or continuous basis. Control devices like PC’s/PLC’s/DCS and others. The automation control level operates using different embedded processors, PID algorithms to control all processes. Industrial automation includes various technologies as Supervisory control and data acquisition (SCADA), Human Machine Interface (HMI). Supervisory control and data acquisition is a controlled system architecture which uses computers, graphical user interfaces and network data communications for high-level processes. Human Machine Interface includes the electronics required to signal and control the state of industrial automation equipment. The major benefits of industrial automation can be considered as replacing human involvement from risky areas of work, greater quality of production and economy improvement.
The industry players are emphasized on increasing the efficiency of manufacturing process which is the major driver in industrial automation market. Apart from it, developments in computer aided systems, internet of things (IoT), engineering technologies are the factors driving industrial automation. Usage of robots in industrial controller mechanisms has been a market trend. The decreasing human labor has led to a threat in industrial automation. Lack of awareness and scarcity of investment for many companies could be the major restraints for industrial automation.
Study Objectives of Industrial Automation Market:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Industrial Automation market.
- To provide insights about factors affecting the market growth.
- To analyze the Industrial Automation market based porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment on the basis of type, technology and end user.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Industrial Automation
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E-Paper Display Market Emerging Factors, Leading Growth Drivers, Segments, Sales, Profits and Future Outlook | COVID-19 Effects
Market Overview:
Electronic paper has gained significance owing to concerns of environmental damage and the breakthroughs in devices and inks. It is also known as E-paper or radio paper. Development of various mediums for displaying e-paper and the proliferation of portable devices is likely to lionize its scope in the coming years. The global E-Paper Display Market report by Market Research Future (MRFR) takes a look at developments of the burgeoning technology, applications, and various drivers and challenges for the period of 2018 to 2023 (forecast period). The COVID-19 pandemic and its impact on the industry is analyzed with perspective to different countries.
Market Scope
The global e-paper display market is expected to grow from USD 898.8 million in 2017 to USD 5,734.0 million by 2023, at a compound annual growth rate (CAGR) of 37.2% during the forecast period.
Alternative technologies to LCDs and LEDs, growing concerns for the environment, and large application areas are major drivers of the market. The affordable e-paper display technology owing to being lightweight, causing less fatigue to eyes, and exceptional reading facility even at night can bode well for the market. Initiatives for development of smart cities and smart homes and procurement of smart devices can fuel the global e-paper display market growth. Smart signage for architecture, retail, and transportation owing to its energy-efficiency can be lucrative for the market.
Investments in colored e-display technologies can expand the scope of the market. This is exemplified by the launch of a new color e-paper made by the collaboration of Wacom and E Ink Holdings in 2019. But recurring problems during refreshing can lead to viable product being launched only by 2021.
The COVID-19 pandemic has led to a decline in Ad revenue with print publishing houses experiencing heavy losses. The market may face threats from printing houses due to the dissemination of e-papers in PDF formats on messaging applications. To this regard, digital publishing firms have agreed to partner with media houses for releasing e-papers to regain their customer base and sustain during this period.
Key Players
Key players leading the E-Paper Display Market include Pervasive Display Inc. (Taiwan), E Ink Holdings Inc. (Taiwan), Sony Corporation (6758) (Japan), Plastic Logic GmbH (Germany), Samsung Display Co. Ltd. (South Korea), LG Display Co. Ltd. (034220) (South Korea), Visionect (Slovenia), Cambrios Technologies Corporation (U.S.), CLEARink Displays (U.S.), and Bridgestone Corporation (Japan) among others.
E-Paper Display Market – Segmentation
The e-paper display market has been segmented on the basis of product, technology, and end-user.
- On the basis of product, the market has been segmented into e-readers, mobile devices, wearables, smart cards, auxiliary displays, poster & signage, and electronic shelf label. E-readers are likely to hold the largest market share owing to the popularity of the devices, whole mobile devices can display a stellar growth rate during the forecast period.
- By technology, the market has been segmented into cholesteric display, modular interferometric display, electrophoretic display, electrowetting display, and others. The electrophoretic display segment is expected to garner huge revenues for the global e-paper display market owing to the use of e-inks for digital publications and e-readers such as Amazon Kindle. Applications in digital and transport signage can sustain the segment growth till 2023.
- By end-user, the market has been segmented into media & entertainment, retail, automotive, consumer electronics, and healthcare. Consumer electronics is projected to hold the largest market share till 2023.
E-Paper Display Market – Regional Analysis
By region, the market has been segmented into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
North America accounted for the largest market share in the e-paper display market, owing to the technological advancements in the region. It can reach a value of USD 1,885.5 million by 2023. The success of e-school tablets, uptick in sales of smart devices, and developments in display technologies an fuel the market growth.
APAC is expected to grow at a significant rate over the forecast period to reach a valuation of USD 1,569.1 million by 2023. The decline of print media houses and shift to electronic formats of reading can drive the market growth in the region.
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Smart Building Market Size, Opportunities, Analysis and Trends by Forecast to 2027 | COVID-19 Effects
Market Overview
The global smart building market will touch USD 25,725.0 million at a 13.29% CAGR during the forecast period 2019- 2025, states the latest Market Research Future (MRFR) analysis. A smart building, put simply, is a structure which uses automated processes to control different building operations automatically like ventilation, energy management, security, heating, air conditioning, and other systems. It is equipped with different forms of smart devices and electronic components like microprocessors, microcontrollers, microchips, and sensors for collecting and processing pertinent data and managing them in controlling operations of the building automatically.
Various factors are fuelling the global smart building technology market growth. As per the recent MRFR market estimates, such factors include the growing adoption of IoT-enabled building management system, growing awareness about space utilization, rising industry standards and regulations, increasing need for energy-efficient buildings, rising government initiatives to encourage smart infrastructure, and emergence of 5G technology.
On the contrary, lack of infrastructure and technical expertise in developing countries, lack of coordination and cooperation among standard bodies, the COVOID-19 impact, and increasing concerns on data privacy and security may limit the global smart building market growth over the forecast period.
Key Players
The Key Players of the Smart Building Market are Control4 Corporation (US), United Technologies Corporation (US), HCL Technologies Limited (India), Panasonic Corporation (Japan), Advantech Co. Ltd (Taiwan), Johnson Controls International PLC (Ireland), Hitachi Ltd (Japan), Sony Corporation (Japan), IBM Corporation (US), Cisco Systems (US), Honeywell International, Inc. (US), Emerson Electric Co. (US), GEZE GmbH (Germany), Overkiz (France), ABB Group (Switzerland), Siemens AG (Germany), Schneider Electric SE (France), Legrand SA (France), and Huawei Technologies Co. Ltd, (China).
Smart Building Market – Segmentation
The MRFR report throws light on an inclusive segmental analysis of the global smart building market based on automation and application.
By automation, the global smart building market is segmented into network management system, infrastructure management system (parking management system, smart water management system, and elevators and escalators management system), building energy management system (lighting control system, HVAC control system, and energy management system), and intelligent security system (emergency management system, access control system, and video surveillance system). Of these, the building energy management system segment will lead the market over the forecast period.
By application, the global smart building market is segmented into residential, government and public infrastructure, industrial, and commercial. Among these, the commercial application segment will dominate the market in the forecast period.
Smart Building Market – Regional Analysis
By region, the global smart building market covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America, South America, & the Middle East and Africa (MEA). Of these, North America will dominate the market over the forecast period. Reduction in management costs, growing awareness for energy and water management, safety and security, emergence of latest smart building solutions which leverage new technologies like artificial intelligence, deep learning, data analytics, cloud computing, big data, and IoT for saving energy, increasing occupancy comfort, reducing operational expenditures, and meeting increasingly strict global regulations and sustainability standards, technological developments in Canada and the US, heavy investments being made by US organizations into smart building measures like building systems integration and building controls for leveraging energy storage and energy efficiency and also deliver safer, more sustainable, and smarter buildings, and the Canadian government taking initiatives for supporting the countries commitment to safeguard the environment and its resources via making federal buildings highly energy efficient and cutting down greenhouse emissions are adding to the global smart building market growth in the region.
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DRAM Market Analysis by Global Market Revenue and Share Forecasts To 2027 | COVID-19 Effects
Market Overview:
Dynamic RAM (DRAM) or dynamic random access memory is used in many processors for providing high computing capabilities and memory. Its simple design, high storage capacity, and low costs have led to its integration in latest laptops and desktop PCs. The global DRAM market report by Market Research Future (MRFR) contains estimations on size and growth coupled with the impact of the COVID-19 outbreak on growth enablers and hindrances for the period of 2018 to 2023 (forecast period).
Market Scope
The global DRAM Market is expected to exhibit a CAGR of 28.70% during the forecast period. It can reach a valuation of USD 328.59 billion by 2023.
The market is driven by rapid urbanization and adoption of smart devices, tablets, and personal computers. The high penetration rate of IoT and the increased computing capability of DRAM for machine learning and artificial intelligence applications can drive market demand. Advent of cloud computing and its utilization for scaling businesses online can induce demand for DRAM for high-speed data transmission and storage. The utilization in wearables and low cost of consumer electronic devices is a direct indicator of the large scope of the market.
DRAM Market – Segmentation
Based on type, the market has been segmented into asynchronous DRAM, synchronous DRAM, burst extended data output (BEDO), extended data output (EDO), and FPM (Fast Page Mode). The synchronous DRAM (SDRAM) segment accounts for the largest market share and is expected to remain highly profitable in the coming years. By the year 2023, the segment is expected to surpass a valuation of USD 120 Bn reflecting a strong CAGR of 32.80%. Synchronous DRAM is faster and more efficient as compared to asynchronous DRAM. Its syncs to the clock of the processor and executes multiple threads by utilizing multiple memory banks.
On the basis of technology, the DRAM market has been segmented into DDR5/GDDR5, DDR4, DDR3, and DDR2. The DDR4 segment accounts for the lion’s share of the market. It stood at USD 38.59 billion valuation in 2017 and likely to retain its top position till 2023. DDR4 is curved edge technology which supports memory slot integration in smart devices. It is a eco-friendly technology which powers up the computing power with low expenditure of power. Apart from DDR4, DDR5/GDDR5 is another emerging DRAM technology which is deemed to exhibit the fastest CAGR over the forecast period.
On the basis of application, the market has been segmented into gaming consoles, mobile phones, PCs/laptops, and networking devices. The PC/laptop segment currently accounts for the largest market share in terms of value. The segment is projected to witness a CAGR of 31.50% during the forecast period. Meanwhile, the mobile phone segment accounted for the second largest share of the market in 2018.
Key Players
Winbond Electronics Corporation, Samsung Electronics Co., Ltd., Powerchip Technology Corporation, Kingston Technology Corporation, Integrated Silicon Solution Inc., Transcend Information, Inc., Micron Technology, Inc. (Ticker: MU), Nanya Technology Corporation, ATP Electronics, Inc., and SK Hynix Inc. are some of top-notch companies that are profiled in MRFR’s report.
DRAM Market – Regional Analysis
On the basis of region, the global DRAM market has been segmented into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
APAC is the most significant contributor to the global DRAM market and is projected to exhibit a relatively higher CAGR during the assessment period. In APAC, China (including Taiwan) is the most important investment destination for market players. It is one of the leading producers of electronic products. The demand for electronic products in Japan, China, and South Korea are expected to encourage DRAM growth in the region.
North America is poised to garner significant share of the global dynamic random access memory market. The offering of 5G by telecommunication providers and AI-driven applications can induce demand in the region.
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