Router And Switch Market Worth $41.03 Billion By 2022 | Top Companies are Huawei, Juniper Networks, Cisco

San Francisco, 26 June 2019  - The global router and switch market is expected to reach USD 41.03 billion by 2022, according to a new study by Grand View Research, Inc. High scale network infrastructure modernization across residential and commercial applications is anticipated to drive growth over the forecast period.

Growing demand for high speed internet along with technological advancements such as big data solutions, SDN, and cloud computing are expected to positively impact demand for the router and switch market. Owing to upgrading in technology along with shift in demand from hardware networking solutions to software-based solutions is expected to propel demand for core Ethernet devices.

Shift towards Bring Your Own Device (BYOD) market is propelling companies to increase their allocation of IT budgets for enhancing network security. Owing to increased usage of mobile and other electronic devices at work, there is an increased need to strengthen the network security for effectively managing and supporting the devices combined with mitigating the threat of an outside attack.However, network failure and hardware inefficiencies with configuration of multiple platforms are expected to hamper the router and switch market.

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www.grandviewresearch.com/industry-analysis/global-router-and-switch-market

Further key findings from the study suggest:

• Internet exchange routers market accounted for over 40% of the overall consumption in 2014 and is expected to shrink over the next seven years. High adoption rates of carrier Ethernet services have been leading to growing competition among operators, which results in their need to differentiate their offering.
• Multiservice edge router market is expected to grow at a CAGR of 3.4% from 2015 to 2022. It supports a variety of communication technologies, including frame relay, Integrated Services Digital Network (ISDN) and T1 circuits which is further expected to boost sales.
• The overall service provider routing industry is expected to shrink over the forecast period. However, growing demand for core devices with technologies such as 100 GB Ethernet becomes affordable as well as service providers complete their evaluations of latest core routing platform. Trends in carrier Ethernet, IP TV and multiservice networking are expected to drive edge router demand to over USD 18 billion by 2022. Ethernet service delivery to enterprises is another prime key growth factor for these products.
• The service provider edge router industry is expected to grow at a steady rate as several service providers continue to deploy these for LTE backhaul networks, however, other service providers cut down on investment into the fixed IP traffic networks.
• The industry primarily includes services such as BRAS, Ethernet access, Ethernet aggregation, and internet data center. The internet data center segment was valued over USD 3 billion in 2014 and is expected to lose share over the forecast period.
• Asia Pacific router and switch market is expected to witness significant growth over the forecast period. It accounted for over 25% of the industry share in 2014 and is estimated to exhibit high growth prospects over the next seven years. India router and switch market is expected to outpace the other regional segments, growing at a CAGR of over 6.5% from 2015 to 2022. This growth is attributable to the various initiatives and framing of tenders for government projects in the wireless infrastructure along with huge investments to build their backhaul for expansions and new network build-outs.
• Notable manufacturers include Huawei, Juniper Networks, Cisco, ZTE Corporation and Alcatel-Lucent. Huawei is directing its R&D efforts by manufacturing quality equipment at lower prices along with strengthening its foothold in developed economies such as North America.

Grand View Research has segmented the router and switch market on the basis of product, service and region:

Router and Switch Product Outlook (Revenue, USD Million, 2012 - 2022)

• Internet Exchange Router
• Service Provider Core Router
• Multiservice Edge Router
• Ethernet Service Edge Router
• ATM Switch

Router and Switch Service Outlook (Revenue, USD Million, 2012 - 2022)

• BRAS
• Ethernet Aggregation
• Ethernet Access
• Internet Data Center
• Others

Router and Switch Regional Outlook (Revenue, USD Million, 2012 - 2022)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• MEA

Access Press Release Of This Research Report: www.grandviewresearch.com/press-release/router-switch-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Smart Speakers Market Is Poised To Reach $39.3 Billion By 2025 With CAGR: 38.7%

San Francisco, 26 June 2019  - The global smart speakers market size is expected to reach USD 39.3 billion by 2025 at a 38.7% CAGR over the forecast period, according to a study conducted by Grand View Research, Inc. The ability of a smart speaker to function as a centralized hub that can adequately control other smart home devices is expected to increase their popularity among consumers.

The market is anticipated to witness significant growth over the forecast period owing to various technological advancements. One of the recent technological advancements is Echo Look, launched by Amazon in June 2018. Echo Look is integrated with a camera and programmed to function as a fashion advisor by capturing user’s images. Similarly, in March 2017, Google announced its strategy to incorporate smart displays in their speakers. The Google Assistant Smart Displays can be used to watch recipes, refer to Google maps, and shop online with the visual aid of a screen.

Furthermore, increasing penetration of broadband services, coupled with growing integration of AI technologies, is anticipated to bolster the smart speakers market over the forecast years. Another key factor driving the market is price differentiation. Various smart speaker providers offer their products at varied costs to maintain consumer preferences toward their products.  Additionally, smart speakers are expected to be the fastest-growing products among other smart devices included in the consumer electronics portfolio.

Despite growing consumer interest in smart speakers, data security and privacy continue to be primary concerns. These devices gather personal information pertaining to contact details, bank account number, and login credentials from Google Home, which has access to Gmail where users store their personal details. These security concerns may hinder market growth. However, with development of security compliances, the market is expected to overcome this challenge and exhibit an upward growth trend.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/smart-speakers-market

Further key findings from the study suggest:

• Amazon Alexa dominated the market in 2017 and is expected to register a CAGR of more than 19.0% over the forecast years. This growth is ascribed to its massive popularity among consumers and its advanced features such as machine learning and semi-supervised learning techniques
• Several emerging players are entering into collaborations with existing participants to enhance their market presence. For instance, in July 2018, Pioneer Electronics announced its partnership with Amazon, Inc. to introduce Elite Smart Speaker F4 (VA-FW40) enabled with Amazon Alexa voice assistant. Pioneer Electronics is engaged in providing home entertainment products
• The smart speakers market is marked by presence of industry participants such as Apple, Inc.; Amazon; Google; and Xiaomi. These players incorporate effective strategies to maintain their presence and gain popularity among users. For instance, after Amazon introduced its smart speaker in U.S., Xiaomi, Chinese electronics giant, introduced its smart speakers and is currently one of the pioneers in the consumer electronics market. The company holds more than 5% share in the smart speakers market.

Grand View Research has segmented the global smart speakers market based on virtual personal assistants (VPA) and region:

Smart Speakers Virtual Personal Assistant Outlook (Volume, Million Units; Revenue, USD Million, 2015 - 2025)

• Amazon Alexa
• Google Assistant
• Apple Siri
• Others

Smart Speakers Regional Outlook (Volume, Million Units; Revenue, USD Million, 2015 -  2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-smart-speakers-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Gas Sensor Market Is Estimated To Generate $3.43 Billion By 2025 With CAGR 7.8%

San Francisco, 25 June 2019 - The global gas sensor market size is anticipated to reach USD 3.43 billion by 2025 registering a CAGR of 7.8%, according to a new report by Grand View Research, Inc. Factors, such as increased demand for smart & wireless gas sensors and regulatory initiatives in developed markets of North America and Europe, have propelled the product adoption. A gas sensor is a device that detects the presence of gases in particular areas and is often integrated into a safety system. It consumes low power and can be integrated into portable handheld devices, which further creates opportunities for market growth.

Technological developments, such as enhancement of MEMS sensors, and need for hydrogen detection on account of its use as a fuel are also expected to contribute to industry growth. The introduction of embedded electronics, coupled with sophisticated firmware and improved manufacturing techniques, has enabled developments in gas detection technologies. Numerous sensors are used to monitor emission levels and air quality in the automotive industry. Moreover, the accelerated use of wireless sensor technologies and semiconductor-based sensors is expected to drive the market further.

The Infrared (IR) technology segment is anticipated to witness the highest CAGR as IR enables the measurement of a wide variety of gases including methane, Carbon Dioxide (CO₂), and Volatile Organic Compounds (VOCs) such as acetylene, benzene, and butane. Moreover, rising need for safety in the industrial sector is boosting the product demand further, creating new opportunities for market growth.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/gas-sensors-market

Further key findings from the study suggest:

• The demand for gas sensors has increased over the last few years owing to their real-time monitoring, cost effectiveness, and reliability in performance
• The U.S. government is investing considerable amount of monetary and non-monetary resources to encourage product adoption across various sectors and carry out initiatives, such as smart cities
• Stringent safety regulations to protect workers from hazardous gases in different industries are also boosting product demand, thereby driving the market growth
• Various end users are adopting electrochemical sensors owing to their features, such as indoor air quality, emission control, and landfill gas detection
• Some of the Key companies in the market include ABB Ltd., Nemoto & Co. Ltd.; and Robert Bosch LLC

Grand View Research has segmented the global gas sensor market on the basis of product, technology, end use, and region:

Gas Sensor Product Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)

• Oxygen (O₂)/Lambda
• Carbon Dioxide (CO₂)
• Carbon Monoxide (CO)
• NO_X
• Methyl Mercaptan
• Others

Gas Sensor Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Electrochemical
• Semiconductor
• Solid State/MOS
• Photo-Ionization Detector (PID)
• Catalytic
• Infrared (IR)
• Others

Gas Sensor End Use Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)

• Medical
• Building Automation & Domestic Appliances
• Environmental
• Petrochemical
• Automotive
• Industrial
• Agriculture
• Others

Gas Sensor Regional Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• South America
  • Brazil
• Middle East & Africa

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-gas-sensors-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Vehicle-to-Infrastructure Communication To Enhance The Road Safety Is Expected To Gain Momentum Over The Next Few Years

San Francisco, 25 June 2019 - The global intelligent transportation system market size is projected to reach USD 51,09 billion by 2025, at a CAGR of 10.5% over the forecast period, according to a new report by Grand View Research, Inc. Road traffic related deaths have been increasing over the past few years. The usage of ITS to reduce road accidents and to increase safety, in general, is a major driving force for the ITS market. The demand for Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) communication to enhance the road safety is expected to gain momentum over the next few years.

An effective transportation system is critical for the socio-economic development of any country. ITS associations estimate that the use of systems, such as the Advanced Traffic Management Systems (ATMS) effectively reduce the travel time by 25% and the waiting time at a signal by 20% to 30%. They also help curb emissions of greenhouse gasses such as methane, carbon dioxide, and nitrous oxide. The use of Electronic Tolling Systems (ETS) and ramp metering systems also helps reduce the traffic congestion and maintain the overall traffic flow. The limited space for transportation network expansion is expected to further impact congestion costs, which in turn will fuel the demand over the forecast period.

Intelligent transportation system helps improve the supply chain process performance and yields a high benefit to cost ratio; deploying these systems results in a significantly high ratio (8:1) as compared to a traditional transportation network. Users can also cut down on costs through real-time transportation systems. On account of these factors, transportation service providers have increased the investment in ITS over the past few years.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/intelligent-transportation-systems-industry

Further key findings from the study suggest:

• Advanced public transport system is expected to witness the fastest CAGR of 12.1% from 2019 to 2025
• Stringent regulations to improve driver safety in developed markets of Europe and North America are expected to contribute to the ITS market growth
• The U.S. road tolling systems segment is expected to expand at a CAGR of 7.1%, while public transport segment is projected to witness the highest CAGR of 8.6% over the forecast period
• Asia Pacific is expected to grow at a significant CAGR of 13% during the forecast period, owing to increasing government initiatives and deployments of ITS 

Grand View Research has segmented the global Intelligent Transportation System market on the basis of application, type, and region:

Intelligent Transportation System Type Outlook (Revenue, USD Million, 2015 - 2025)

• ATIS
• ATMS
• ATPS
• APTS
• EMS

Intelligent Transportation System Application Type Outlook (Revenue, USD Million, 2015 - 2025)

• Traffic Management
• Road Safety and Security
• Freight Management
• Public Transport
• Environment Protection
• Automotive Telematics
• Parking Management
• Road Tolling System

Intelligent Transportation System Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• MEA
  • UAE
  • KSA
• ROW

Access Press Release Of This Research Report: www.grandviewresearch.com/press-release/global-intelligent-transportation-systems-its-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Legal Process Outsourcing Market Worth $35.9 Billion By 2025 | Top Companies Are Clairvolex; Clutch Group

San Francisco, 25 June 2019 - The global legal process outsourcing market size is projected to reach USD 35.9 billion by 2025, expanding at a CAGR of 31.8% from 2019 to 2025, according to a new report by Grand View Research, Inc. The growth can be chiefly attributed to the emergence of alternative legal service delivery models and virtual law firms.

Technological advancements and innovations in the legal industry are expected to offer new growth avenues in the sector, helping law firms inculcate a transparent relationship with clients. Law firms are deploying Natural Language Processing (NLP) and document automation capabilities to fall in line with the reinvention of the legal industry.

Artificial Intelligence (AI) is another factor that has taken the LPO industry to a new level. Software equipped with AI capabilities is garnering utmost importance among lawyers and firms to save their time. Document production and proofreading of documents are efficiently done with the help of automation software. Use of team collaboration software is further streamlining the execution of all documentation processes. All such technological developments have greatly aided lawyers by decreasing costs and increasing convenience.

Electronic discovery (e-discovery) services have grown in prominence, which can be attributed to amendments by the Federal Rules of Civil Procedure, making Electronically Stored Information (ESI) such as e-mails, e-calendars, and voicemails discoverable on handheld devices in litigation. The development of ESI will reduce the complexity and cost of e-discovery processes and is expected to simplify large-scale complex litigation processes. 

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/legal-process-outsourcing-lpo-market

Further key findings from the study suggest:

• On-shore outsourcing is expected to grow at a significant rate over the forecast period, owing to benefits such as enhanced data security and sophisticated service delivery models
• The litigation support segment is expected to register a CAGR of more than 34.0% over the forecast period
• Majority of the LPO providers are emphasizing on maintaining their locally-registered office in U.S. and setting up back offices in Asia Pacific in order to strengthen their foothold in the global market
• Key players in the legal process outsourcing (LPO) market include Clairvolex; Clutch Group; Mindcrest Inc.; and Pangea3. 

Grand View Research has segmented the global legal process outsourcing market on the basis of location, services, and region:

LPO Location Outlook (Revenue, USD Million, 2015 - 2025)

• Offshore
• On-shore

LPO Services Outlook (Revenue, USD Million, 2015 - 2025)

• Contract drafting
• Review and management
• Compliance assistance
• E-discovery
• Litigation support
• Patent support
• Others

LPO Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
  • Philippines
• Latin America
  • Brazil
• MEA

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-legal-process-outsourcing-lpo-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Milking Robots Market Total Value Would Be $2.61 Billion By 2025 | CAGR: 11.8%

San Francisco, 25 June 2019 - The global milking robotics market size is anticipated to reach USD 2.61 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 11.8% during the forecast period. Growing demand for milk and milk products, need for automation, and high labor costs are anticipated to drive the market.

The milk production industry has witnessed an increase in herd size and demand for milk in the past few years. A prominent factor driving market growth is high labor costs. Robotics and automation technology has increased production capacities and operational efficiencies of milk producers. Furthermore, it is encouraging milk producers to adopt automation systems. Primary applications of milking robot systems include collecting and routing animals, cleaning teats, and milking operations. 

The multi-stall unit segment is expected to witness the highest growth rate over the forecast years. Increase in herd size has elevated the adoption of automation and robotic systems in the dairy farming industry. Advantages bestowed by the technology include higher efficiency in milk production, elimination of labor, increased milking efficiencies and frequency, and consistent quality.

The key market participants in the milking robots market include DeLaval, Inc.; BouMatic;GEA Group AG; Fullwood Ltd.; and Lely Holding S.A.R.L. Vendors are expected to witness a rise in demand for robotic solutions over the forecast years, owing to increasing technological advancements.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/milking-robots-market

Further key findings from the study suggest:

• The multi-stall segment is presumed to be the fastest-growing segment with a CAGR of around 13.0% over the forecast period
• The above 1,000 herd segment will contribute significantly to market growth, owing to benefits such as increased performance and efficiency provided by systems used for this herd size
• Asia Pacific is expected to be the fastest-growing regional market, owing to increased demand for milk and milk products and growing herd sizes in India and China
• Major players in the market include DeLaval, Inc.; BouMatic; GEA Group AG; Fullwood Ltd.; and Lely Holding S.A.R.L.

Grand View Research has segmented the global milking robots market based on type of robotic system, herd size, and region:

Milking Robotics Type of Robot System Outlook (Revenue, USD Million, 2014 - 2025)

• Single-Stall Unit
• Multi-Stall Unit
• Rotary System

Milking Robotics Herd Size Outlook (Revenue, USD Million, 2014 - 2025)

• Up to 100
• Between 100-1,000
• Above 1,000

Milking Robotics Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • France
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Rest of the World

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-milking-robots-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Wiper System Market Is Predicted To Reach $11.07 Billion By 2025

San Francisco, 24 June 2019 - The global wiper system market is estimated to reach USD 11.07 billion by 2025, according to a new study by Grand View Research, Inc. The growing automobile production is expected to drive the market growth over the forecast period.

The improved standard of living and increase in GDP in developing regions has stimulated the purchase of automotive vehicles thereby, fostering the demand for these products. Moreover, the development in road infrastructure in these regions has encouraged commercial transport businesses that is expected to boost the adoption of commercial vehicles.

Rain sensing wipers are expected to be used on low cost car segments due to low cost of hardware such as sensors that reduce the overall cost of the wiper system. Thus, it is presumed to raise the functional value of the vehicle that would enable higher sale. Furthermore, these wiper systems increase the safety of the vehicle by minimizing driver distraction.

The industry comprises of small and large players that have varied supply channels. The large players mainly form supply relationship with the OEM manufacturers whereas smaller players adopt channels such as B2B e-commerce platforms. The market is highly competitive due to the fragmented nature and wide availability of aftermarket products that are cost effective and saves buyer’s time.

Quality and pricing are two major factors that enable customer retention for the market players. Major players are undertaking research & development to develop sophisticated wiper systems that enables them to retain market position.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/wiper-systems-market

Further key findings from the study suggest:

• The increase in disposable income in developing regions encourage the purchase of vehicles thereby fostering the market growth for wiper systems
• Rain sensing wiper system is the fastest growing type segment and witnesses a CAGR of 5.0% over the forecast period
• The growing demand for Do-it-Yourself (DIY) has encouraged vehicle owners to install wiper systems conveniently and at a lower cost
• Passenger cars is the largest application segment due to widespread adoption mainly in emerging economies. The segment is expected to grow at a CAGR of 4.9% over the coming years
• Asia Pacific is the largest and the fastest growing regional segment due to increase in the automobile production in the region
• The key industry participants include Robert Bosch GmbH, ASMO Co., Ltd., Valeo S.A., Denso, Trico Products, MITSUBA, Federal-Mogul, WEXCO Industries, Inc., DOGA S.A., PMP Auto Components Private Limited among others

Grand View Research has segmented the global wiper system market based on type, application, and regions:

Wiper System Type Scope (Revenue, USD Million; 2014 - 2025)

• Traditional Wiper System
• Rain Sensing Wiper System

Wiper System Application Scope (Revenue, USD Million; 2014 - 2025)

• Passenger Cars
• Commercial Vehicles

Wiper System Regional Scope (Revenue, USD Million; 2014 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• South America
  • Brazil
• MEA

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-wiper-systems-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com