Latest Market Research Updates

Digital Transaction Management Market Is Projected To Reach $15.8 Billion By 2025

San Francisco, 26 Sep 2019 - The global digital transaction management market size is expected to reach USD 15,726.0 million by 2025, registering a CAGR of 19.7% over the forecast period, according to a new report by Grand View Research, Inc. The increasing internet penetration and the growing popularity of digital transactions are expected to trigger the demand for digital transaction management (DTM) solutions over the forecast period. The growing adoption of digital payment modes is also expected to drive the demand for DTM solutions.

The continued digitization of transaction management processes is emerging as one of the key drivers of market growth. As such, the growing adoption of DTM solutions, particularly by BFSI companies and government agencies, to streamline the business processes, is expected to drive the demand for DTM solutions. Adoption of latest technologies, such as Blockchain, Internet of Things (IoT), and Big Data, coupled with the proliferation of cloud services is also expected to play a crucial role in boosting the demand for DTM solutions.

The emergence of workflow automation is emerging as another major factor driving the market growth. Several organizations are aggressively adopting DTM solutions to automate workflows and digitize the repetitive, manual, and paper-intensive processes. Workflow automation solutions can potentially help in avoiding delays, reducing errors, controlling administration costs, and ensuring regulatory compliance.

DTM solutions, such as document archival and electronic signatures, are helping several small- and medium-sized enterprises in managing their documents and digital transactions securely and effectively. DTM solutions are particularly allowing enterprises to reduce administration costs and boost organizational productivity. Such benefits are encouraging more and more businesses around the globe to invest in DTM solutions.

Explore Complete Report: https://www.grandviewresearch.com/industry-analysis/digital-transaction-management-market

Further key findings from the study suggest:

The workflow automation solution segment is expected to exhibit the highest CAGR exceeding 21% over the forecast period
In the U.K., the government is primarily focused on shifting from conventional document management to digital technologies for organizing and managing the paperwork digitally
Growing cyberattacks and risks associated with fraudulent digital transactions are expected to impede the growth of the market over the forecast period
The BFSI segment dominated the market in 2018 while the government segment is anticipated to witness the fastest growth over the forecast period
Asia Pacific is expected to emerge as the fastest-growing regional DTM market owing to the high internet penetration and population density existing in emerging economies, such as China and India
Key players active in the digital transaction management market include Adobe, DocuSign Inc., OneSpan, Kofax Inc., and Entrust Datacard Corporation.

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.

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Frame Grabber Market Worth $489.2 Million By 2025 | To Companies Are ADLINK Technology Inc.; Advantech, Co., Ltd

San Francisco, 25 Sep 2019 - The global frame grabbers market size is projected to reach USD 489.2 million by 2025, according to the new report conducted by Grand View Research, Inc., exhibiting a CAGR of 7.2% during the forecast period. Applications that involve image data rates of more than 120 MB necessitate frame grabber solutions in vision systems. Rising awareness regarding merits of frame grabbers such as high processing capacity and data-rate handling capacity is expected to propel the market.

AIA’s CameraLink, which delivers high-speed trigger and control signals to cameras, was the first ever vision-specific digital interface to become the industry standard. CameraLink is capable of transferring image at data rates of up to 850 MB/second over a distance of 10 meters. Therefore, it has become a dominant interface for camera and frame grabber applications.

Based on advanced applications, the market has been segmented into web inspection, transportation safety and maintenance, scientific, factory automation, industrial camera manufacturer, and security. The web inspection segment dominated the market in 2016 in terms of both revenue and shipment volume. The growth of the segment can be attributed to surging demand for 10 GigE high-speed web inspection vision applications in various industry verticals.

Furthermore, based on end-use customers, the report has been classified into original equipment manufacturers (OEMs), manufacturers, and system integrators. The manufacturer segment accounted for the largest share in 2016 in terms of revenue as well as volume. However, the system integrator segment is projected to expand significantly during the forecast period. Growing penetration of service & solution providers in emerging economies of Asia Pacific is anticipated to benefit the overall market.

The key regions reviewed in the report are North America, Europe, and Asia Pacific. Europe was at the forefront of the market in 2016 and is estimated to witness a steady growth over the forecast period. Presence of a larger number of machine vision system manufacturers and rapid technological advancements are contributing to the growth of the market.

Explore Complete Report: https://www.grandviewresearch.com/industry-analysis/frame-grabber-market

Further key findings from the report suggest:

The frame grabbers market is poised to reach more than 975 thousand units by 2025. Frame grabbers are majorly used in advanced applications such as inspection of color print and flat panels
Spiraling demand for image resolution and rapid frame rates, high bandwidth cameras, and high speed is supplementing the growth of the market
Industrial camera vision systems are likely to witness increased applications in the artificial intelligence, hyperspectral imaging, and three-dimensional (3D) imaging industrial sectors
Increasing demand for robotics in factories is driving the adoption of technologies similar to machine vision systems in North American. This, in turn, is creating several growth opportunities for the market
Some of the key players in the market are ADLINK Technology Inc.; Advantech, Co., Ltd.; Euresys S.A.; ISRA Vision AG; KAYA Instruments; Teledyne DALSA Inc.; and Pleora Technologies Inc.

About Grand View Research

Smart Office Market Is Projected To Reach $57.05 Billion By 2025

San Francisco, 25 Sep 2019 - The global smart office market size is expected to reach USD 57.05 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 13.2% over the forecast period. Organizations are constantly evolving due to changing workforce demographics and technological expectations of modern employees and employers. As a result, a large number of organizations across the globe are anticipated to shift toward smart offices. Rising concerns regarding energy consumption are also likely to augment the market.

Growing adoption of Internet of Things (IoT) is estimated to stoke the growth of the market as IoT enables inter-networking of physical devices through actuators, sensors, network connectivity, and software. Employers are able to improve employee productivity while increasing flexibility of work environment with better connectivity. However, concerns associated with privacyandmalicious attacks are poised to inhibit the growth of the market.

Energy management systems (EMS) offer advantages such as measuring energy efficiency improvements, analyzing energy data for better decision-making, and optimization of energy consumption. Audio-video conferencing systems help reduce travelling time and costs by providing a platform to share and collaborate ideas from remote locations. Surging demand for these hardware systems is projected to provide a fillip to the overall market.

Rising popularity of smart office technology is motivating manufacturers to invest in research and development activities for creating cost-effective, reliable, and improved products. Manufacturers are pouring substantial funds into development of new products for providing better user experience, which is expected to trigger the growth of the market.

Explore Complete Report https://www.grandviewresearch.com/industry-analysis/smart-office-market

Further key findings from the study suggest:

Smart office technology enhances experience of employees in terms of integration, intelligence, and intuitiveness
By component, the service segment is likely to post the highest CAGR of 15.0% over the forecast period
The retrofit segment dominated the market in 2016, with a valuation of USD 14.30 billion. The segment will retain its lead position through 2025
The North American region accounted for the largest share of just over 55 % in 2016
Key industry participants include ABB Ltd. (Switzerland); Honeywell International, Inc. (U.S.); Johnson Controls (U.S.); Schneider Electric (France); and Siemens AG (Germany).

About Grand View Research

Connected Living Room Market Worth of Scope $70.67 Billion By 2025

San Francisco, 25 Sep 2019 - The global connected living room market size is projected to reach USD 70.67 billion by 2025, expanding at a CAGR of 8.6% over the forecast period, according to a new report by Grand View Research, Inc. The increasing adoption of smart TVs and smart speakers is expected to drive the growth.

The smart TVs have evolved drastically in recent years with increased connectivity and accessibility to various applications and platforms. The wireless connectivity has enlarged the televisions compatibility with a large number of complimentary devices such as smartphones and tablet PCs. This has further helped integrate various other devices with the large screen comfort of a smart TV.

The video streaming application segment is expected to lead the connected living room market over the forecast period as increasing number of households continue to subscribe for video-on-demand services. Video streaming has revolutionized the entertainment industry and video-on-demand is emerging as a potential substitute to conventional television broadcasts. At the same time, the growing trend of streaming live videos over social media and other platforms is underlining the importance of connected devices and making it evidently necessary for the masses to get acquainted with these devices. These factors are expected to continue propelling the growth of the market over the forecast period.

Asia Pacific is estimated to dominate the connected living room market over the forecast period. The number of smartphone users in the region is rising continuously as communication networks continue to strengthen and the youth population continues to increase. Moreover, the demand for smartphones, gaming consoles, and tablet PCs in the region is growing as the popularity of social media platforms among the youth population continues to grow. All these factors bode well for the regional market.

Explore Complete Report https://www.grandviewresearch.com/industry-analysis/connected-living-room-market

Further key findings from the study suggest:

North America audio streaming segment was valued at USD 1.74 billion in 2018 and is expected to reach USD 3.11 billion by 2025, at a CAGR of 8.0% over the forecast period
Canada smart speakers segment is expected to reach USD 0.11 billion by 2025, registering the highest CAGR of 12.6% from 2019 to 2025
The launch of smart speakers with artificial intelligence that can be integrated with other devices is expected to drive the growth of the connected living room market over the forecast period
German video streaming segment is expected to reach USD 3.60 billion by 2025
Mexico tablets application market is expected to reach USD 0.06 billion by 2025

About Grand View Research

Collision Avoidance System Market Is Estimated Touch USD 18.97 Billion By 2025

San Francisco, 25 Sep 2019 - The global collision avoidance system market is expected to reach USD 18.97 billion by 2025, according to a new study conducted by Grand View Research, Inc. The updated ratings of safety agencies and incorporation of anti-collision systems in mass-market models are expected to propel the market growth over the next six years.

The increasing awareness among consumers and extensive R&D by market players have fueled the market growth. Collision avoidance systems enable vehicles to carry out semi-autonomous and autonomous decision-making. The rising need for security from consumers and governments is also expected to drive the collision avoidance systems market growth.

The recent developments in the sensor technology are oriented toward making highly sophisticated devices and augmenting them with various parts of an automobile. Anti-collision systems enable automotive OEMs to integrate additional intelligence to achieve the goal of an autonomous car.

Strict legal and regulatory standards have mandated the inclusion of sensors in motor vehicles. This is further estimated to drive the collision avoidance systems market. However, the high costs of long-range radars and LiDAR-based systems may restrain the market growth as low-price carmakers may abstain from adding onto the cost of vehicles.

Explore Complete Report http://www.grandviewresearch.com/industry-analysis/collision-avoidance-system-market

Further key findings from the study suggest:

Radar-based systems accounted for over 41% of the global market in 2015. The segment is further expected to gain market share over the forecast period.
The reducing prices of radars have led to the increased adoption of the technology by various automotive OEMs
Camera-based collision avoidance systems are expected to witness high growth, owing to the government regulations mandating their incorporation into vehicles
Adaptive cruise control accounted for a major market share in 2015. Such systems rely on long-range and medium and short-range radar systems to automatically adjust a vehicle’s speed.
Technological innovations may mandate the incorporation of systems in vehicles to counter the threat of accidents due to human errors, which account for 90% of accidents, according to a 2014 UN Road Safety Collaboration study
Europe is expected to continue to lead the market over the forecast period. It accounted for over 33% of the market in 2015.
The key industry participants include Bosch, Continental, Delphi, Denso, Autoliv, and TRW, among others

About Grand View Research

Anti-drone Market Is Estimated To Generate $4.5 Billion By 2026

San Francisco, 24 Sep 2019 - The global anti-drone market size is expected to reach USD 4.5 billion by 2026, expanding at a CAGR of 29.9% from 2019 to 2026, according to a new report by Grand View Research, Inc. The industry is rapidly growing due to rising concerns over the potential security threats from unauthorized aircrafts systems among both the civilian and military sectors. Increasing number of security violation incidents by such unauthorized unmanned aerial vehicles (UAVs), coupled with the rise in terrorism and illegal activities, has majorly driven the market over the last few years.

There has been a sharp rise in the adoption of UAVs for professional and leisure applications, which has resulted in the increasing concerns regarding aerial attacks among public and government. Such threats have contributed significantly towards the evolution of counter-drone measures. Several public safety departments as well as commercial establishments across the globe are increasingly deploying anti-drone systems in order to address the growing need for security.

UAVs are increasingly used for various illicit and undercover activities, such as smuggling contraband and spying. Although several prototypes have been developed to counter one UAV at a time, prominent manufacturers in the market are focusing on developing advanced solutions to counter simultaneous threats from multiple aircraft systems.

Explore Complete Report: https://www.grandviewresearch.com/industry-analysis/anti-drone-market

Further key findings from the study suggest:

There have been numerous instances of drones being used for illicit activities over the past years. Their detection and mitigation become critical concerns due to their small size and footprint
Military and defense is anticipated to emerge as the dominating end use sector over the next few years. Rise in the use of UAVs for smuggling and border trespassing, along with increasing R&D activities by defense prime contractors, has fueled the segment growth over the past few years
Innovative technologies such as radar and acoustic-based detection are increasingly implemented for the identification and classification of small unmanned aerial vehicles that are invisible to the naked eye
Significant investments have been made in the development of safer and effective anti-drone technologies by major venture capital firms
The Anti-drone market in Asia Pacific is expected to witness significant growth owing to increasing government expenditure on the expansion of the aerospace and defense infrastructure, especially in the emerging economies.

About Grand View Research

Automotive Emission Test Equipment Market Is Projected To Reach $869.8 Million By 2025

San Francisco, 24 Sep 2019 - The global automotive emission test equipment market size is anticipated to reach USD 869.8 million by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 5.1% during the forecast period. The demand for automotive emission test systems is estimated to increase owing to stringent regulations associated with vehicle exhaust emissions and soaring need for regular periodic technical inspections (PTI) that are aimed at regulating gaseous emissions from exhaust vehicles. Rising concerns to limit adverse environmental effects caused by passenger and light-duty vehicles are also expected to drive the automotive emission test equipment market over the forecast period.

The emission test equipment segment held the largest share in the automotive emission test system market in 2018. It is likely to maintain its dominance in through 2025, on account of surging demand for testing equipment worldwide, especially from automobile manufacturers. Furthermore, the emission test services segment in the automotive emission test system market is a developed business sector across the U.S. and EU member nations. The growth of the segment can be attributed to increasing demand for service centers owing to emission targets mentioned by governments of EU countries.

Asia Pacific is poised to register the highest CAGR over the forecast period. The growth of the region can be attributed to surging adoption of emission norms and growing emphasis on ensuring that automobile manufacturers comply with the same, especially in developing countries such as China and India. These countries are focusing extensively on regulating, monitoring, and reducing greenhouse gas (GHG) emissions in order to cut down adverse effects on environment due to excessive GHG emissions by vehicle exhaust systems.

The adoption rate of periodic technical inspections, vehicle emission norms & standards, and inspection & maintenance programs is high in Europe and North America. European countries such as the U.K., Germany, France, Italy, Spain, the Netherlands, and Finland are already following vehicle emission stringent rules & regulations and have laid down strict standards & norms so as to regulate GHG emissions and other hazardous effects of pollutants emitted by vehicle exhaust systems. Therefore, Europe spearheaded the global vehicle emission test system market in 2018 owing to presence of several testing equipment manufacturers and emission testing service providers.

Key market participants in the global automotive emission test equipment market include HORIBA, Ltd., Opus Inspection, TÜV Nord Group, Gemco Equipment Ltd, and TEXA S.p.A.

Explore Complete Report https://www.grandviewresearch.com/industry-analysis/automotive-emission-test-equipment-market

Further key findings from the report suggest:

The emission test software segment is anticipated to register considerable growth over the forecast period. The software is used to analyze and measure data conducted through various test & inspection system
The demand for opacity meters/smoke meters is estimated to increase over the coming years, as these devices are used to measure optical properties of smoke emitted by diesel engines
Europe was the highest revenue-generating regional market in 2018 owing to domicile of a large number of emission testing equipment manufacturers, software developers, and related service providers
Some of the key participants in the vehicle emission test system market are SGS SA, Sierra Instruments, Inc., Gordon-Darby, Inc., Wager Company, and Applus+.

About Grand View Research

Latest Market Research Updates

Digital Transaction Management Market Is Projected To Reach $15.8 Billion By 2025

Frame Grabber Market Worth $489.2 Million By 2025 | To Companies Are ADLINK Technology Inc.; Advantech, Co., Ltd

Smart Office Market Is Projected To Reach $57.05 Billion By 2025

Connected Living Room Market Worth of Scope $70.67 Billion By 2025

Collision Avoidance System Market Is Estimated Touch USD 18.97 Billion By 2025

Anti-drone Market Is Estimated To Generate $4.5 Billion By 2026

Automotive Emission Test Equipment Market Is Projected To Reach $869.8 Million By 2025

mHealth Apps Market Is Projected To Reach $236.0 Billion By 2026

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