The smart ring is a type of wearable electronic device with the capability to connect with smartphones and other smart gadgets. The smart rings can interact with smartphones and enable users to check notifications and operate applications through simple gesture control. Smart rings have been gaining immense popularity in the recent years on account of factors such as enhanced mobility, comfort, and functionality.
Smart luggage refers to the traditional suitcases and bags incorporated with various electronic components enabling identification, tracking and enhanced security for the luggage. Smart suitcases and bags are equipped with GPS capabilities and enable communication with the user’s smartphone through the Bluetooth Low Energy (BLE) technology. With the use of a smartphone application, users can constantly track and locate the whereabouts of their luggage anywhere across the world. In addition, some of the latest smart suitcases also enable users to automatically lock and unlock their luggage through such apps.
Quality management system refer to set of software comprising various solutions for audit management, document handling, training and other quality processes. The principal aim behind deploying quality management software is to ensure all the business process are carried without errors thereby obtaining quality output.
The growing need for efficient, reliable, and effective interoperable communication during mission critical operations is one of the major factors fueling demand for critical communication systems worldwide. The critical communication market is witnessing a shift in paradigm from analog systems to digital systems. The ongoing transition is the major trend prevailing in the market and is expected to have positive impact on the market growth.
Smartphone has become a necessity for every individual in modern day world. People across the globe are using smartphones for their everyday activities such as ticket bookings, e-commerce, and many other activities. Due to its extensive use, retail companies too are searching innovative channels to connect to their customers through their smartphones. Adoptions of Bluetooth low energy (BLE) devices for one-way communication is one such technique preferred by the retail companies for customer engagement.
The global block chain technology market was valued at US$ 482.1 million in 2016. Block chain technology market is mainly driven by the increasing adoption of the technology in the financial services sector, public sector and healthcare segments are few of the major factors that are expected to fuel the demand for the block chain technology market. The block chain technology market has been segmented on the basis of type, application, end-use industry, and region.
Automatic vehicle identification (AVI) systems refers to the deployment of various solutions for automatic validation of vehicles with the use of various smartcards, tags, readers and cameras. AVI systems are widely used in numerous applications such as access control, electronic toll collection and traffic management across the world.
The global voice recognition market has been witnessing an incremental growth over the last few years and is poised to register steady gains during the forecast period 2018 - 2026. The global voice recognition market is expected to witness a growth of 14.5% CAGR during the forecast from 2018 to 2026. The anticipated growth can be majorly credited to increasing number of fraudulent activities, especially in the BFSI industry, and growing adoption of biometric sensor technologies across different end-use industries. The voice recognition market is also estimated to grow with rising demand for smart home concept.
Video management software (VMS) is a component security camera system, specifically designed for processing, storing and managing signals for more than one camera feed. Video management software is expected to witness robust market growth owing to factors such as an increasing security concerns and escalating demand for high quality video processing.
Travel and expense management software finds its adoption mainly in large organizations and travel management companies to manage and audit expenses accrued during the business travels. Rising end-users domain for travel and expense management software is one of the most prominent factors, ensuring incremental market growth in coming years. Travel and expense management through mobile app is one of the recent trends observed in T&E management software market. This trend can probably create security risk due to improper handling of devices.
The global threat intelligence market is expected to witness a growth of 17.2% CAGR during the forecast period 2018 – 2026. Threat intelligence has become an integral part of businesses due to ever-changing dynamics and technology landscape across the globe. In view of rising incidences of threat breaches and cyber-crimes, the adoption of threat intelligence solutions has surged over the last few years. In addition, rise in the adoption of cloud-based solutions and Internet of Things (IoT)-enabled devices is supporting demand for threat intelligence amongst several end-use sectors including government, healthcare, military, and BFSI among others.
The smartwatch market stood at US$ 12.45 Bn in 2017 and expected to grow at a CAGR of 16.4% during the forecast period from 2017 to 2026. A smartwatch may be defined as a portable device that's designed to be worn on a wrist. Similar to smartphones, smart watches use touchscreens, offer apps, and often record heart rate and other vital signs.
The smartphone enabled medical devices market is set to reach from US$ 4,411.1 Mn in 2017 to US$ 31,759.3 Mn by 2026 at a compound annual growth rate (CAGR) of 24.9% during the forecast period from 2018 to 2026. Mobile devices have become an integral part of human lives. In the last decade it has been successful in transforming several aspects of clinical practice, which has eventually led to the development of medical software applications.
Security & vulnerability management is used for the process of analyzing, finding and remediating vulnerabilities before they can be exploited by a human attacker or malware. Security & vulnerability management has become a critical aspect of every enterprise’s security program.
Satellite communication market is estimate to reach US$ 47.1 Bn by 2026, growing with a promising CAGR of 8.88% across the forecast period from 2018 to 2026. Majorly commanded by North America, satellite communication (SATCOM) equipment market is highly driven by rapidly growing IT & telecommunication sector.
Single photon emission computed tomography (SPECT) is a form of non-invasive nuclear medicine tomographic imaging technique that utilizes gamma rays to provide 3D information of body organs (inside view). This system uses a radioactive substance and a special camera to create 3-D pictures which display the blood flow to tissues & organs thereby assisting doctors to diagnose or monitor brain disorders, bone disorders, and heart problems.
The Robotic Desktop Automation market was valued at US$ 611.4 Mn in 2016 and expected to reach US$ XX Mn in 2026 growing at a CAGR of 28.7% during the forecast period from 2018 to 2026. The benefit of adopting Robotic Desktop Automation can be understood from the fact that it automates rule-based processes.
Banking, Financial Services and Insurance (BFSI) remains the largest value contributing end-use segment in the global password management market. The dominance of the BFSI segment will continue throughout the forecast period. In a bid to ensure data confidentiality and security, organizations and institutions offering BFSI services use password management solutions that help them monitor, identify, control, and defy data breaches.
Parental control software is gaining prevalence among parents due to evolving digital habits of consumers and penetration of the internet and mobile devices including computers and smartphones. Parental control software is a content filtering software which is designed to allow parents monitor and control their children’s internet activity.
The oil & gas analytics software market was valued at US$ 2.34 Bn in 2017 and expected to be growing at a compounded annual growth rate (CAGR) of 17.5% from 2018 to 2026. Just like other industries, the oil and gas industry needs to understand how big data can be optimally used and what applications are possible.
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