Biometrics Market To Account For USD 44.2 Billion By 2021 : Radiant Insights,Inc

The Global biometrics market is projected to attain USD 44.2 billion by 2021. It had a prior estimated revenue totaling USD 7 billion in 2014. Biometrics in commercial and government sectors can serve as identity proof. Use of this technology to get rid of terrorist concerns will spur market demand in the years ahead.

Biometrics can identify a person based on its physical characteristics. Common characteristics are DNA, fingerprints, voice, and face. Most modern hybrid biometrics employs onboard fingerprint readers. Portability issues have led to breakthroughs resulting in different weights, sizes, and battery length.

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Automated fingerprint identification systems (AFIS), non-AFIS, facial recognition, iris scans, biometric signatures, data encoders, bar coders, and document scanners are various devices in the biometric market. Technology breakthroughs, improved mobile technology, and miniaturization have made unimaginable scenarios possible. Voter registration is possible in economies with low-literacy rates. Identifying a person of interest in a crowd that can pose a security threat is also within the biometric devices’ range.

TYPES OF BIOMETRIC DEVICES

• Automated fingerprint identification systems (AFIS)
• Palm and vein reading systems that supplement AFIS
• Non-automated fingerprint identification systems
• Facial recognition
• Iris scans
• Integrated AFIS, face, and iris systems
• DNA readers
• Biometric signatures
• Data encoders
• Bar coder
• Document scanner

Thwarting terrorist attacks, attempt to lower crime rates, and enforcing airport security have resulted in increased investment in the biometrics market. Government projects that have adopted the technology to include ePassports, eDriving licenses, national IDs, and border management. India, China, and Russia are driving the market by adopting the technology. China uses a biometric national ID program beginning from 2013, which India will soon emulate.

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Key end-users of the market are consumer devices, healthcare, and finance. Applications include consumer device authentication, smart phone payment systems, government IT systems, mobile banking, automated teller machines, point-of-sale transactions, and pharmacy dispensing. Healthcare sector can use it to identify frauds, investigate insurance claims, and protect patent privacy. Implementing it in e-commerce websites can guarantee secure transactions.

North America will dominate the biometrics market over the forecast period (2015-2021) on account of biometric technology being adopted by defense, justice, state, commerce, and homeland security departments in the region. Asia Pacific will exhibit a significant growth rate in the coming years. The UIDAI project in India uses face, fingerprint, and eye recognition, while Indonesia uses e-KTP electronic ID.

Prominent players of the biometrics market are Cognitec Systems, Fingerprint Cards AB, Diamond Fortress, FaceFirst, and Gemalto.

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Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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Radiant Insights, Inc

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Email: sales@radiantinsights.com

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Sports Coaching Platforms Market Worth USD 864 Million In 2021 : Radiant Insights,Inc

The sports coaching platform market was valued at USD 49 million in 2014 and is expected to arrive at USD 864 million in 2021. Smart phones are the developed devices used for Sports coaching platform technology which is expected at USD 9.5 billion over the forecast period. The corporation that attain assessable share before time are probable to preserve a sturdy attendance in the markets.

The growth of the market is with the development of the technology. Large analytics sports market has a sector of sports coaching platform. The market will grow considerably with the reduction of price and development of technology.

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Automated process has improved the quality of coaching teams and athletes. Athlete efficiency has increased by the capability of muscle and health metrics. The team and athletes are better trained by the available videos on the smart phones. Coaching platforms have made each stage of sports better.  Distribution, information, and integration are the offers made by this platform. It gives fast interpreted video allocation to the correct persons capably.

Sports coaching platforms is a way to carry big data to the trainer and help craft on-field scheme, refrain to information which is actionable. Health strategies are used to augment the exercise qualities. Professional athletes and sports team are adopters of the sports coaching platform technology boosting the growth of the market. Coaches and athletes are using monitoring devices and platforms to inprove their team members.

There is huge market for coaches, professional athletes, and trainers who want to compete and retain in the field. Merchants stimulate better team play and conditioning. This platform offer increased interpretation in video sharing to the efficient person. School sports union and amateurs use it a lot influencing it to achieve competence coaching and administration of the team.

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The skill to analyze endurance, cadence, heart, joint, respiratory, and muscle factors is important for an ordinary user or an athlete. Wireless technology has huge affect on this technology platform. Software industry analytic has permitted coaches tuning the players in extra manageable way. The specialized athletes spend money to develop their products. They gain from athletic presentation development.

About Radiant Insights,Inc

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:

Michelle Thoras                          

Corporate Sales Specialist, USA

Radiant Insights, Inc

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Email: sales@radiantinsights.com

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Report Predicts Telepresence Robots Market Size To Reach $7 Billion By 2022 : Radiant Insights,Inc

The quality of remote communication is uplifted by the robotic platform approach to connecting people located in different places.  The visualization provided by the telepresence robot is not reproducible by the smartphone and large telepresence systems are not mobile.  So ultimately all people will want access to telepresence robots in order to move around and see for themselves what is going on in another place. 

Clearly terrorism is here to stay.  As nationalistic wars decline as a way to settle disputes, terrorism has emerged in spades.  The recent terrorist attacks in Boston, Paris, and Belgium illustrate the risk that civilian populations are exposed to.  Telepresence robots represent the best and perhaps last line of defense against terrorists.  Telepresence robots can go where no man or woman can go, they can go safer, they can go faster, they can provide a presence that might not be achieved in any other way.

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There are more civil uses for telepresence robots:  in education, healthcare, business, and manufacturing.  People can drive a telepresence robot around a work environment, around a school, around a hospital to reach people that they night otherwise have a difficult time contacting. 

Remote telepresence healthcare diagnosis and treatment market is especially important for the treatment of stroke.  Stroke damage can be mitigated if symptoms are treated within 4 hours of the onset of symptoms, otherwise the stroke damage is likely permanent.  Global telehealth partnerships.  The aim is to integrate diagnostic tools into tele-stroke solutions. 

Stroke occurs when a vessel in the brain ruptures or is blocked by a blood clot.  There are two types of strokes: hemorrhagic and ischemic.  An ischemic stroke occurs as a result of an obstruction within a blood vessel supplying blood to the brain, which accounts for 87% of all stroke cases.  A hemorrhagic stroke occurs when a weakened blood vessel ruptures and spills blood into brain tissue.  800,000 people in the U.S. and 15 million people worldwide suffer a stroke each year.

These markets portend to be very large worldwide and represent good uses of telepresence.  The ability of a clinician specialist to diagnose and initiate immediate treatment of a stroke from a gold course or other location is lifesaving. 

Manufacturing and engineering telepresence robot uses are expected to proliferate.  Monitoring and telepresence are being combined to achieve remote repairs that provide better customer services at lower cost.  Manufacturing and engineering resources for companies frequently are in different places.  The same is true for IT, the software developer engineers and the software IT users are frequently located in different places.  It is useful to have a mobile device that can be controlled by the engineer to go have a look around when a trouble call comes in from a site.

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A remote telepresence device can use monitoring and telepresence to achieve remote repairs.  The ability to integrate the remote physical location with the engineer who knows the system often involves travel, sometimes long arduous travel.  Telepresence and mobile video telecommunications technologies can be very useful in postponing or eliminating the travel.

A mobile, real-time, 3D-hybrid telepresence system permits the user to go and have a look around and talk to different people about the problem without actually being there.  Integration of telepresence images with computer generated virtual environments can be superimposed over the remote real worldview. This integrated system incorporates emerging mobile telecommunications technologies to give rapid and easy access to the real and virtual construction sites from arbitrary locations.  This system allows remote surveillance of the construction site, and integration of real world images of the site with virtual reality representations, derived from planning models, for progress monitoring.

According to Susan Eustis, lead author of the study, “Use of the telepresence robot with the video and microphone capability to achieve remote presence is a vital aspect of personal mobility devices.  Telepresence robots are poised to achieve a vital extension of electronic communication in ways that will become indispensable to everyone soon.” 

Telepresence robot device markets at $825 million in 2015 are anticipated to reach $7 billion by 2022 as next generation robotic devices, systems, and instruments are introduced to manage remote presence.  The robotic platform will be extended to include grippers and cameras of all types, sensors and sophisticated navigation software. 

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The complete report provides a comprehensive analysis including units sold, market value, forecasts, as well as a detailed competitive market shares and analysis of major players’ success, challenges, and strategies in each segment and sub-segment.  The report covers markets for security, law enforcement, manufacturing, healthcare, education, and business telepresence.

About Radiant Insights,Inc

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:

Michelle Thoras                          

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Radiant Insights, Inc

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Email: sales@radiantinsights.com

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Law Enforcement, First Responder, and Homeland Security Robots Market Worth $4.3 Billion By 2021 : Radiant Insights,Inc

Next generation civilian security robot platforms leverage better materials, more sophisticated designs, software technology, and tablet remote controls to support high quality data gathering and communications in difficult situations. Bomb squads have need for better technology, more flexibility, better maneuverability.  The robots answer those needs, they can be tuned to the specific activity in which they are being used, using modular systems.  Platform robot modules are highly targeted to specific situations.  Robots make police organizations more functional, improve security performance by allowing remote operation.  The study has 582 pages and 257 table and figures. 

The ability to use robots for law enforcement, first responder, and homeland security is a function of affordability.  Many cost efficient robots have come to market, challenging those offered by some of the existing market leaders that are part of the traditional military industrial complex. 

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Law enforcement, first responders, and homeland security robots are mobile automated process platforms that are responsive to homeland security needs.   They are emerging in the context of globalization and smart phone devices that provide connectedness.    This global aspect of the first responder robots means that the devices have a presence in every part of the world.   First responder robots are inherently local, they are used locally, they are needed by security personnel in particularly dangerous situations.  Systems of engagement apps are evolving as specially designed ground robot networks used to address terrorism and local law enforcement and fire department needs to support community and city safety patrol.  . 

According to Susan Eustis, leader of the team that prepared the study, “Robot security technology is having a great affect on law enforcement, first responder, and homeland systems effectiveness.  Security Robots utilize platform technology and leverage the mobility of the robot.   Within the robot platform,  components have been useful as organizations move to secure the safety of the officers forced to function in dangerous situations.  Law enforcement organizations are able to function more effectively.  Video facilitates supervisors in communicating to a deployed unit in a manner that is taking into consideration the difficulties any particular officer is having in an individual situation, paying individual attention to officers deployed in the risky situation.  Risk management performance can be improved, managing any situation can be improved using robotic platform technology.”

Vendors have adopted a variety of control mechanisms and and intuitive users interfaces so robot operators are able to drive the robots easily.  Vendors have been able to make them more effective and more affordable.  

Market growth comes from every law enforcement organization that needs to achieve an edge over the bad guys, over terrorists, protecting the civilian populations more effectively and with less risk to the enforcement offices than has been able previously.  Organizations wishing to gain performance advantage in their local situations are buying the robots.   By adopting prebuilt modules of enforcement technologies and adapting them to the local situations, vendors have been able to build worldwide markets.

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The evolution of security robots and devices is in the context of smart phone adoption, going to 9.5 billion by the end of the forecast period, with apps becoming more accepted.  The ability to offer sophisticated robots for the police officers and lieutenants is what provides sophisticated application capabilities.  Apps are further evolving to provide tracking of motion and help provide mastery of various techniques for risk management.  Robots are useful for mastering some aspect of police detail work and adding to lowering the cost of premium local and national border security forces.

Law Enforcement, First Responder, and Homeland Security Robots platform technology markets at $764 million in 2014 are anticipated to reach $4.3 billion by 2021.  Market growth comes as every law enforcement agency  faces the prospect of dealing with terrorists.  With technology maturity and economies of scale, price points will decline rapidly and affordability will drive significant market growth, soon reaching billions of dollars.   The companies that achieve measurable market share early in the evolution of the market are likely to maintain a strong presence in the billion dollar markets.

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Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:

Michelle Thoras                          

Corporate Sales Specialist, USA

Radiant Insights, Inc

Phone: 1-415-349-0054

Toll Free: 1-888-202-9519

Email: sales@radiantinsights.com

Web: http://www.radiantinsights.com/

Web Services Cloud Market Growth Report | 2006 to Current, Quarterly | Radiant Insights,Inc

Typically IT departments inside corporations have deployed their software on premise, incurring large upfront costs,large payrolls, and significant replacement/maintenance costs. At its core the cloud is a web services platform where enterprises can deploy their software far more efficiently. The good cloud providers provide the same level of IT security as is available inside a corporate IT department.

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The cloud market has not evolved in line with the traditional Infrastructure as a Service (IaaS) infrastructure, Platform as a Service (PaaS) platform, and Software applications as a Service (SaaS) services definitions that were used early on to define this market. Instead we now have Web Services Cloud, and Application Services Cloud (the traditional SaaS), and Networking and Hardware Cloud. The Web Services Cloud is one that permits fast and flexible dynamic access to worldwide computing resources.

Companies Profiled

Market Leaders

•     Amazon
•     Microsoft
•     Google

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Market Participants

•     Apple
•     ATT
•     Box
•     Citrix
•     Dell
•     Dropbox
•     Flexiant
•     Hewlett-Packard
•     IBM
•     Oracle
•     Rackspace
•     Red Hat
•     Sales Force
•     Sprint
•     Verizon

About Radiant Insights,Inc

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:

Michelle Thoras                          

Corporate Sales Specialist, USA

Radiant Insights, Inc

Phone: 1-415-349-0054

Toll Free: 1-888-202-9519

Email: sales@radiantinsights.com

Web: http://www.radiantinsights.com/

Radiology Oncology Surgical Robots Market Is Expected To Cross Over $7 Billion By 2022 : Radiant Insights,Inc

The global radiology oncology surgical robots market is emerging rapidly owing to several factors such as rising geriatric population and the advantages offered by new technology likely boost the overall industry. The number of new cases is majorly owing to slow aging population as both emerged and emergent countries have enormous geriatric populations. The overall market was valued at $4 billion in 2015 and is expected to cross over $7 billion over the forecast period. This is mainly owing to introduction of new instruments that direct cancer surgery through radiation and several next generation devices.

Radiology oncology surgical robots utilize incessant image guidance and mechanical mobility to eradicate tumors. Furthermore, this system chase oncology target during the treatment leaving healthy tissue which wouldn’t harm the body. A linear accelerator probably, light weight, robotic manipulator can distribute beam from thousands of non-coplanar. These treatments have stiff quantity of conformality, precipitous dose gradients and tremendous tumor coverage.

Radiosurgery and radiotherapy processes nowadays are majorly improved by highly advanced technological advancement. Increasing uses of radiosurgery and radiotherapy equipment arise as the units are capable to treat a wider series of cases. Furthermore, advances in software and hardware are causing industry for re-establishing an aging mounted base. Also, latest designs are proficient to deliver high standards of concern.

Augmentation in cancer cases coupled with rise in sophistication of latest treatment protocols have increased for additional automated products. Automation basically depends on integration of various devices into clinically practical systems. Also, integrated systems make treatments cost effective and rapid. Hospitals are adopting robotic surgical devices to enhance their outcome numbers. Furthermore, several universities in the world have organized research programs in robotics which will positively impact the overall radiology oncology surgical robots industry.

These surgeries assists in providing surgeon a better vision of surgical site and control over the surgical instruments .As a result, surgeons do not get exhausted while performing surgery as they do not have to stand continuously. Use of high doses of radiation specifically to remove the tumor, while separating the healthy tissue undamaged is compelling the overall industry. It clearly means that these radiations wouldn’t damage a person and are adequate to kill the cancer.

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Hip and Knee Orthopedic Surgical Implants Market Is Projected To Grow USD 33 Billion By 2022 : Radiant Insights,Inc

Orthopedic surgical implants help replace deteriorated joints. This deterioration could be due to various causes like disease, aging, injury or osteoarthritis. This is especially common in geriatric populace. Orthopedic surgical implants relieve pain, restore movement and offer stability to the patients. Hip and knee replacements are the most common orthopedic implants. Reconstructive surgery of the joints is performed to modify the affected area in order to implant one or more manufactured components. It could involve the usage of bone cement. Main reconstructive surgeries involve joints.

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Global market for hip and knee orthopedic surgical implants was valued at USD 17 billion in 2015. It is projected to grow to USD 33 billion by 2022. Demand will be driven by growing geriatric population across the world. Over 324,000 people underwent total hip replacement surgery in 2015, in the U.S. itself. This has been possible due to technological advancements over a period of time. Computer-assisted total hip replacement, a recent development, has revolutionized the total hip replacement surgery procedure.

However, reduced reimbursements by insurance companies are adversely affecting market growth. This is forcing cost-cuts across the supply chain. Manufacturers of orthopedic implants provide medical instruments that are used by orthopedic surgeons while performing surgeries. The choice of implant by a surgeon depends on his/her expertise with a particular implant, the diagnosed condition, and the fitment of the chosen implant with the patient. Often, surgeons pick devices that have the highest success rate.

Interdisciplinary dialogue amongst the various stakeholders is a key driver of growth for the global hip and knee orthopedic surgical implants market. Collaborations and system partnerships lead to intensive exchange of information. This results in continuous improvements in patient care. Vendors aim to actively contribute to betterment of procurement, application and logistic processes in the medical space.

The medical community aims to perform more efficient joint implant surgeries in healthcare establishments. Factors aiding the decision of the most suitable implant model include type of ailment, level of activity of the patient, and the quality of bone.

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A wide variety of artificial hip replacement implants are currently available. There exists little differentiation in the various products on offer. Most models are technologically superior. Zimmer is the leading manufacturer of implants in the global market. Zimmer Kinectiv Technology enables a more accurate fit of the implant to the hip joint.

About Radiant Insights,Inc

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:

Michelle Thoras                          

Corporate Sales Specialist, USA

Radiant Insights, Inc

Phone: 1-415-349-0054

Toll Free: 1-888-202-9519

Email: sales@radiantinsights.com

Web: http://www.radiantinsights.com/

Homecare Medical Equipment Market Growth And Forecast Report : Radiant Insights,Inc

Homecare Medical Equipment Markets are poised to achieve continuing growth as the aging population needs homecare treatment.  The homecare equipment market consists primarily of wheelchairs, scooters, oxygen treatment equipment, accessibility beds, lifts, and toilets.  Homecare medical equipment has until recently been sold primarily through distributers.  The impact of direct sales through the Internet has brought about some distribution market consolidation, leading to a decrease of in the number of distributers for homecare equipment. 

As the population ages, people are more frail and need assistance for mobility.  Wheelchair technology is evolving to give people with disabilities more mobility.  Mobility depends on a wheelchair that is fit to purpose.  Power and manual wheelchairs are bought depending on the needs of the customers.  Medical scooters are a growing segment of mobility for the aging population, as they perform better in an outdoor environment.  Many issues impact the choice of a wheelchair, including cost and reimbursement availability.

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The other major driver of homecare equipment is the large incidence of COPD and other respiratory conditions where oxygen is able to improve the quality of the life in a dramatic manner.  Portable devices have become affordable and support a mobile lifestyle even while on oxygen.  Stationary oxygen concentrators are needed for night use by patients on portable oxygen concentrators during the day. 

Homes must also be outfitted to accommodate the needs of the ageing population, where beds, lifts, and specialty toilets are the major equipment which goes into the home.  The equipment distributors work with each customer to outfit the home and car with the required equipment to allow mobility individualized for each case. 

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Companies Profiled

Market Participants

·         AirSep

·         Chart / Caire / SeQual

·         Drive Medical

·         Graham Field

·         Inogen

·         Invacare

·         Meyra

·         Nordic / Handicare / Permobil

·         O2Concepts Oxlife

·         Philips Respironics

·         Pride

·         Sunrise Medica

·         Teijin

·         TiLite

About Radiant Insights,Inc

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:

Michelle Thoras                          

Corporate Sales Specialist, USA

Radiant Insights, Inc

Phone: 1-415-349-0054

Toll Free: 1-888-202-9519

Email: sales@radiantinsights.com

Web: http://www.radiantinsights.com/

Drones Market Is anticipated To Reach $36.9 Billion By 2022 : Radiant Insights,Inc

Drones are miracles: flying cameras and flying weapons.  Drones are being used for lifting cameras above the ground so every person who wants it can use a camera to rise above the earth to look down from above.  Each person can choose thousands of vantage points, extending visualization beyond dreams.  Drones are set to make every industry more productive with better, more flexible visualization.  Drone uses provide the prospect of trillions of dollars in economic growth.   Drones connect seamlessly and securely to the Internet and to each other.  

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Drone aerial vehicle (UAV) technology has reached a level of maturity that has permitted DJI to garner $1 billion in revenue in 2015, doubling their revenue in one year.  This achievement puts the drone systems at the forefront of aerospace manufacturing.  Every industry and around the entire world vendors are adapting to drone availability.  Use cases are evolving rapidly.   Video, photos, specialized video, targeted video, and package delivery systems are offered.  

Next generation commercial drones achieve a complete replacement of existing commercial airfreight delivery systems, they are used for 3D mapping, commercial pipeline observation, border patrol, package delivery, photography, and agriculture are more energy efficient, last longer and have a significantly lower cost of operation than manned aircraft. 

Drones markets promise to grow significantly because of the more economical visualization and navigation provided by systems.  Visualization includes mapping from the air, inspection from the air, surveillance from the air, and package delivery from the air.  The unmanned aircraft equipped with cameras are able to do things that cannot be done in any other way.  This bodes well for market development.  

Unmanned aircraft systems promise to achieve a more significant aspect of commercial market presence.   Army Unmanned Aircraft Systems flying of 3 million flight hours gives drones market credibility.   Eighty eight percent of those hours were logged in combat situations in Iraq and Afghanistan, paving the way for commercial drone markets to develop.

According to Susan Eustis, lead author of the study, “Use of drones represents a key milestone in provision of value to every industry.  Customized cameras are used to take photos and videos with stunning representations.  Digital controls will further automate flying, making ease of use and flight stability a reality.  New materials and new designs are bringing that transformation forward.  By furthering innovation, continued growth is assured.” 

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The worldwide market for drones is $6.8 billion anticipated to reach $36.9 billion by 2022.   The complete report provides a comprehensive analysis of drones in nine different categories, illustrating the diversity of uses for remote flying devices.  The use scenarios cover Drone Aerial Systems Forecasts By Sector, Agriculture, Oil and Gas, Border Patrol, Law Enforcement, Homeland Security, Disaster Response, Package Delivery, Photography, Videography and others.

About Radiant Insights,Inc

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:

Michelle Thoras                          

Corporate Sales Specialist, USA

Radiant Insights, Inc

Phone: 1-415-349-0054

Toll Free: 1-888-202-9519

Email: sales@radiantinsights.com

Web: http://www.radiantinsights.com/

Social Media Messaging Market $27.2 Billon By 2022 : Radiant Insights,Inc

Social messaging platforms leverage smart phones to deliver an increasingly broad set of lifestyle functions. Social media platforms that have been adept at moving to embrace the mobile revolution in user adoption. The smart phone can do everything. Messaging is the preferred medium of the smart phone.

Social media messaging usage is dependent on opening and engaging with the app. Message platforms are the most used apps globally. Social media messaging has transcended simple communication and become a platform for gaming, commerce and payment, media, taxi services and beyond. As these trends play out globally, mobile messaging leaders are evolving into central communication hubs.

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Social messaging platforms leverage smart phones to deliver an increasingly broad set of lifestyle functions. Tencent (TCEHY) in China owns WeChat. This dominates the messaging market. Chat apps are widely used for shopping in China. They make consumer goods more available. In the U.S, Americans have access to brick-and-mortar shopping options.

Tencent Holdings Ltd provides Internet value-added services, mobile services, online advertising, and e-Commerce transactions services to users in the People's Republic of China. WeChat is used by 500,000 people to connect. WeChat is available for iOS and Android. It supports a group chat conversation. Twitter WeChat broadcast messages mimics a basic function of digital messaging, allowing broadcast of a single message to a group capability.

Facebook as a social media platform has benefitted from embracing the mobile revolution in user adoption. The smart phone can do everything. Tablets and cell phones have replaced PCs. Messaging is the preferred medium of the smart phone.

KakaoTalk was the number one social media messaging app when measuring the number of sessions. Sessions refers to usage, opening and engaging with the app. Topping the list with 55 sessions, the KakaoTalk app was shown to be used 1.5~7 times more than the other five messaging apps on the top 10 list. These results are significant. Message platforms are the most used apps globally. KakaoTalk is the most frequently visited and heavily replied on app per user, proving its potential to be one of the most influential services among its users.

KakaoTalk has already transcended simple communication and become a platform for gaming, commerce and payment, media, taxi services and beyond. As these trends play out globally, mobile messaging leaders are evolving into central communication hubs.

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Facebook Messenger implements texting via the smartphone data plan. It bypasses the need to pay for each text. Users do not have to pay for every message. Facebook Messenger works with the data plan. Messenger works after the users sign in to Facebook.

Social media messaging supports the sharing of information. Social media messaging companies enable marketers to display advertising, and provide development platforms for application developers. Social media messaging companies compete to attract, engage, and retain people who use a digital screen to share information. The aim is to attract and retain marketers, and to attract and retain developers to build compelling mobile and web applications that integrate with products.

According to Susan Eustis, lead author of the study, “Users of social media messaging platforms are delighted with the effectiveness of texting. It works in real time, but without the interruptions created by a voice call. Building more functionality on the messaging platform will achieve key milestone in telecommunications. The platforms are evolving an e-commerce component.

As the e-commerce platforms evolve, the SOA once and only once delivery messaging will become a key aspect of the messaging platforms, providing an opportunity to transform the communications industry by adding a retail component. Social networks provide an intuitive base for communications, people generally want to talk to people they know and to buy things recommended by people they know.

New platform components and new designs are bringing that transformation forward. By furthering the growth of innovation message text users can get better connections to their friends and colleagues. By enhancing the platform and the user experience customer bases are going over one billion, creating the prospect that the entire market will grow rapidly.”

The worldwide market for social media messaging platforms is $8.6 billion anticipated to reach $27.2 billon by 2022. The complete report provides a comprehensive analysis including user numbers for those generating revenue, and counting separately, the much larger number of users not generating revenue. Segment analysis looks at texting, games, video, and e-commerce revenue, providing users, market value, forecasts, as well as a detailed competitive market shares and analysis of major players’ success, challenges, and strategies in each segment and sub-segment. The reports cover markets for social media texting platform specialties and sub-specialties.

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Companies Profiled

Market Leaders

·         Baidu

·         Tencent Wechat

·         Facebook Whatsapp

·         Daum Kakao

·         IBM

Market Participants

·         Apple

·         Baidu

·         Blackberry

·         Daum Kakao

·         Facebook

·         Fiorano

·         Five

·         Fujitsu

·         Google

·         Hike

·         International Business Machines (IBM)

·         Kik

·         Naver / Line

·         Microsoft

·         NetDirect

·         Newcall / Nimbuzz

·         Owler

·         Rakuten

·         Snapchat

·         Software AG

·         Tango

·         Tawkers

·         Tencent

·         Tencent WeChat

·         Tibco

·         Tumblr

·         Twitter

·         Yahoo

·         Yik Yak

·         Yolodata

·         Weather Messaging

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