E-Compass Market worth 2,187.1 Million USD by 2022

The report "E-Compass Market by Technology (Fluxgate, Hall Effect, Magnetoresistive), Type (1&2 Axis, 3 Axis, 6 Axis, 9 Axis), Application (Consumer Electronics, Aerospace & Defense, Automotive, Surveying, Marine) and Geography - Global Forecast to 2022", The e-compass market, in terms of value, is expected to grow from USD 808.6 Million in 2015 to USD 2,187.1 Million by 2022, at a CAGR of 14.57% between 2016 and 2022. The market, in terms of volume, is expected to grow from 1.60 Billion units in 2015 to 4.45 Billion units by 2022, at a CAGR of 15.00% between 2016 and 2022.

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The increasing demand for wearable electronics such as smart watches, fitness and sports trackers have created a huge demand for e-compasses as these devices are, in general, equipped with navigation functionality which has been made possible through the use of e-compasses. The GPS-based navigation technologies are able to provide a precise location only when they are in a range of GPS signals, however, the tilt compensated e-compasses does not rely on the GPS signals and continues to provide the right direction even in the absence of a GPS signal, hence making them extremely useful specifically for applications such as outdoor recreational sports.

Hall effect-based e-compass to hold the largest share of the e-compass market

The Hall effect-based e-compass is expected to hold the largest market share and dominate the e-compass market between 2016 and 2022, owing to the their increasing adoption within consumer electronics market which require low cost e-compass and compact sensors in devices such as smart phones, tablet computers, gaming consoles, and so on.

Consumer electronics application held the largest market share in 2015

The consumer electronics application is expected to hold the largest market share and dominate the e-compass market between 2016 and 2022. The increasing penetration of wearable electronics and usage of navigation-based mobile applications are creating a huge demand for e-compasses within the consumer electronics segment.

APAC to hold the largest market share and grow at the highest rate during the forecast period

The APAC region is expected to hold the largest market share and dominate the e-compass market between 2016 and 2022. The high growth and the large market can be attributed to the virtual monopoly of APAC in the manufacturing of consumer electronics, owing to the presence of companies such as Samsung, Sony, LG, Huawei, Lenovo, coupled with low-production costs, in terms of labor, has forced the consumer electronics manufacturers in the other regions to outsource a bulk of their manufacturing processes to countries such as China and Taiwan.

Furthermore the rapid penetration of handheld “smart” devices in the region is likely to continue during the forecast period; also the region has one of the fastest-growing markets for automotive, aerospace & defense which are the other key application markets for e-compasses.

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The e-compass ecosystem comprises of chip designers such as STMicroelectronics (France), mCube 

(U.S.), MEMSIC (U.S.) and MagnaChip (South Korea) among others; component manufacturers such as NXP Semiconductors N.V. (Netherlands), Bosch Sensortec (Germany), Asahi Kasei Microdevices (Japan), Honeywell (U.S.) among others; technology providers such as InvenSense, Inc. (U.S.), Honeywell (U.S.), and Bosch Sensortec (Germany), among others; and system integrators such as TrueNorth Technologies (U.S.), Aichi Steel (Japan), among others who integrate these e-compass sensors and sell them to end users to cater to their unique business requirements.

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Indoor Air Quality Monitor Market by Product worth 4.63 Billion USD by 2022

According to the new market research report "Indoor Air Quality Monitor Market by Product (Fixed, and Portable Indoor Monitor), Pollutant Type (Chemical, Physical, and Biological), End–User Application (Government Buildings, Industrial, Commercial, Residential) - Global Forecast to 2022", the market is expected to grow from USD 2.52 Billion in 2015 to USD 4.63 Billion by 2022, at a CAGR of 9.22% between 2016 and 2022. The rising demand for indoor air quality monitoring products is due to the increasing adoption of smart home & green-building technologies, growing consumer preference for pollution-free indoor environments, and development and commercialization of innovative wearable air-quality monitoring devices.
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Market for portable indoor monitor to grow at the highest rate during the forecast period
On the basis of product, the global air indoor quality monitor market has been segmented into fixed and portable indoor monitors. The market for portable indoor monitors is expected to grow at the highest rate during the forecast period. The market growth can be attributed to the increasing adoption of smart homes and green-building technologies (including effective ventilation, air quality monitoring and control, and indoor dust & gas level management) and growing consumer preference for healthy and pollution-free indoor environments.
Chemical pollutant held the largest share of the indoor air quality monitor market in 2015
Chemical pollutants accounted for the largest share of the global indoor air quality monitor market in 2015. This can be attributed to factors such as the increasing number of stringent government regulations for effective monitoring and control of industrial exhausts, growing public concerns about the health implications of air pollution, and ongoing development and commercialization of innovative gas and chemical detection sensors.
Government buildings held the largest share of the indoor air quality monitor market in 2015
Government buildings accounted for the largest share of the overall indoor air quality monitor market in 2015. This can be attributed to the increasing focus of governments toward green buildings and growing health concerns due to rising air pollution. The governments in the countries such as the U.S., the U.K., and China, among others, have made stringent regulations for air pollution monitoring and have released funding for installing air quality monitors within their premises for continuous monitoring.
North America to hold the largest size of the indoor air quality monitor market during the forecast period
North America (comprising the U.S., Canada, and Mexico) is expected to hold the largest size of the indoor air quality monitor market during the forecast period. North America is a mature market, with the high penetration of advanced pollution monitoring technologies and the presence of well-established distribution channels for the supply of indoor air quality monitoring products. The U.S. is expected to dominate the market in this region in 2016. The market growth in the U.S. can be attributed to the significantly large end-user base for industrial and indoor air pollution monitoring products in the country compared to Canada. The major factors driving the growth of the market in the U.S. include significant public-private funding and investments to support air pollution monitoring-based researches and ongoing technological advancements in the field of gas analyzers and particulate sensors.
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The major players operating in this market include Thermo Fisher Scientific, Inc. (U.S.), Siemens AG (Germany), Emerson Electric Co. (U.S.), 3M Company (U.S.), TSI, Inc. (U.S.),  Ingersoll Rand Plc. (Ireland), HORIBA, Ltd. (Japan), Testo AG (Germany), Aeroqual (U.S.), and Nest Labs Inc. (U.S.), among others.
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Artificial Intelligence Technology Market worth 16.06 Billion USD by 2022

According to the latest market research report "Artificial Intelligence Market by Technology (Deep Learning, Robotics, Digital Personal Assistant, Querying Method, Natural Language Processing, Context Aware Processing), Offering, End-User Industry, and Geography - Global Forecast to 2022", the overall artificial intelligence market is expected to be worth USD 16.06 Billion by 2022, growing at a CAGR of 62.9% from 2016 to 2022.

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The artificial intelligence market has a huge potential across various industry verticals such as retail, transportation and automation, manufacturing, BFSI, and agriculture, among others. The major factor driving the artificial intelligence market globally is the growing number of applications of AI technologies in various end-user verticals and the growing adoption of AI for the improvement of consumer services. The growth of the artificial intelligence market is also driven by the development of IT infrastructure and the penetration of smartphones and smart wearables in countries such as India and China.

Natural language processing is expected to hold the largest market share from 2016 to 2022

The AI market for natural language processing (NLP) is expected to hold largest market share from 2016 to 2022. The growing implementation of natural language processing for the improvement of consumer services in the retail sector is one of the major factors contributing to its growth in the AI market. Moreover, the adoption of NLP in various applications such as car-infotainment system, AI robots, and AI-enabled smartphones, among others, is further driving its growth in the AI market.

Artificial intelligence for the healthcare sector to witness the highest growth rate from 2016 to 2022

The artificial intelligence market for the healthcare end-user industry is expected to grow at the highest rate during the forecast period. The growing implementation of AI technologies for disease diagnosis, patient care, and drug discovery application is among the major growth drivers of AI in healthcare. Moreover, AI is also widely used in clinical trials, congress planning, advisory boards, promotional outreach, and for serving untapped sales opportunities.

North America leads the artificial intelligence market in terms of market size

North America held the largest share of the artificial intelligence market in 2015. North America is one of the fastest-growing markets in terms of technological advancement, manufacturing operations, infrastructure, disposable income, and others. The wide-scale adoption of AI technologies in several industries such as manufacturing, media and advertising, healthcare, BFSI, and transportation and automotive is the key factor supporting the growth of the AI market in this region.

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The companies that are profiled in the report are IBM Corp. (U.S.), Microsoft Corp. (U.S.), Google Inc. (U.S.), FinGenius Ltd. (U.K.), NVIDIA Corporation (U.S.), Intel Corporation (U.S.), General Vision, Inc. (U.S.), Numenta, Inc. (U.S.), Sentient Technologies (U.S.), and Inbenta Technologies, Inc. (U.S.).

This report describes the market trends, drivers, restraints, opportunities, and challenges for the artificial intelligence market and forecasts the market up to 2022. The report also includes the value chain and Porter’s analysis of the market, along with a detailed view of the market across four major regions, namely, North America, Europe, Asia-Pacific, and Rest of the World (which includes the Middle East, Latin America, and Africa). The report profiles the 10 most promising players in the artificial intelligence market.

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Next-Generation Data Storage Systems Market worth 144.76 Billion USD by 2022

According to the new research report "Next-Generation Data Storage Market by System (Direct-Attached, Network-Attached, Storage Area Network, Software-defined, Cloud, Unified), Architecture (File, Object, Block), Technology (Magnetic, Solid-State), and Industry - Global Forecast to 2022", the next-generation data storage market is expected to be valued at USD 144.76 Billion by 2022, at a CAGR of 16.76% between 2016 and 2022. The growth of this market is mainly driven by the increasing volume of digital data, increasing proliferation of smartphones, laptops, and tablets, and growth of the Internet of Things (IoT) market.

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Direct-attached storage (DAS) market held the largest size in 2015
DAS is the oldest storage system and offers convenient data storage solution. DAS offers simplicity and low-cost solution compared to any other storages. Network-attached storage (NAS) is the second-largest market by size after DAS in the next-generation data storage market. The key feature of NAS is the ability to provide multiple-client access to the same file. NAS devices also offer vertical and horizontal scalability. Such solutions are mostly used by enterprises where data security is of prime importance.

Market for solid-state storage expected to grow at the highest rate during the forecast period
Solid-state drives (SSDs) are one of the fastest and most reliable media for storing data. These drives do not contain any movable parts and use microchips to store data. Due to the non-moving parts, the data stored on these devices is more secured. Availability of hybrid flash arrays is driving the growth of solid-state devices where converged solution for conventional and flash storage is available.

North America accounted for the largest share of the next-generation data storage market in 2015
North America, being the early adopter of advanced data storage technologies, captures largest share of the next-generation data storage market. Every industry in North America is being digitized and demands advanced data storage solutions. Enterprises in America are increasing their spending on IT infrastructure to gain competitive advantage and increase their business productivity.

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The key players in this market include HPE Company (U.S.), NetApp, Inc. (U.S.), IBM Corp. (U.S.), Hitachi Ltd. (Japan), and Dell Inc. (U.S.)

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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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Interactive Display Market worth 26.91 Billion USD by 2022

According to the new market research report "Interactive Display Market by Product (Interactive Kiosk, Whiteboard, Table, Video Wall, Monitor, Flat Panel Display), Panel Size (17”– 32”, 32”– 65”, Above 65”), Vertical (Education, Govt. & Corporate), Technology, and Geography - Global Forecast to 2022", the market is expected to grow from USD 9.90 Billion in 2015 to reach USD 26.91 Billion by 2022, at a CAGR of 15.51% between 2016 and 2022.
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Increasing opportunities and highly dynamic nature of interactive displays, rising trend to adopt interactive displays in retail sector, and customer engagement with interactive displays have led to the rise in the demand for interactive displays. Also, increasing deployment of interactive flat-panel displays in educational institutes is driving the demand for interactive display market.
Education sector accounted for the largest share of the interactive display market in 2015
The interactive display systems market is led by the education vertical. The high demand for interactive flat panel displays and interactive whiteboards from educational institutes is one of the major factors driving the growth of the interactive display systems market for education vertical. The healthcare sector is estimated to grow at the highest rate between 2016 and 2022. Interactive displays are used in hospital premises as a wayfinding tool for the visitors. Interactive displays in the hospitals can showcase the information about the patients such as medical history, type of disease, type of treatment and the information related to the service provided by hospital.
The market for interactive flat panel displays is likely to grow at the highest rate during the forecast period
The market for the interactive flat-panel displays is expected to grow at the highest rate between 2016 and 2022 and is expected to hold the largest market size by 2022. Interactive flat panel display enables the user to interact with the content smoothly and easily. These displays help the students to understand the classroom content in easy way. In the U.S., older versions of interactive whiteboards are getting replaced with the interactive flat-panel displays as it offers more advanced feature than interactive whiteboards. This is the important driver for flat panel displays.
Americas held the largest market share in 2015
The Americas held the largest share of the interactive display market in 2015, followed by Europe and APAC. The U.S. accounted for the largest share of the interactive display systems market in the Americas. The region has some of the leading companies which offer advanced interactive displays in the market. Use of interactive whiteboards and flat-panel displays is done on a large scale in the Americas in education and government and corporate sector.

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The major players operating in this market includes Samsung Display Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Panasonic Corporation (Japan), NEC Display Solutions Ltd. (Japan), Planar Systems Inc. (U.S.), Elo Touch Solutions Inc. (U.S.), Crystal Display Systems Ltd. (U.K.), and IntuiLab SA (France), among others.
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
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Biometric System Market worth 32.73 Billion USD by 2022

According to the new market research report "Biometric System Market by Authentication Type (Single-Factor: (Fingerprint, IRIS, Palm Print, Face, Vein, Signature, Voice), Multi-Factor), Component (Hardware and Software), Function (Contact and Non-contact), Application, and Region - Global Forecast to 2022", The biometric system market size is expected to increase from USD 10.74 Billion in 2015 to USD 32.73 Billion by 2022, at a CAGR of 16.79% between 2016 and 2022.

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The future growth of the biometric system market is expected to be driven by rising use of biometric technology in financial institutes and healthcare sectors, government initiative in adoption of biometrics system, and increasing use of biometric systems in criminal identification.

Fingerprint recognition technology in the biometric system market held the largest market size for single factor authentication segment in 2015

Fingerprint recognition is one of the oldest, simple to install, and low-cost technology; therefore, it is more commonly used. In travel and immigration, fingerprint recognition technology is used in e-passports, e-visas, and driving licenses to authenticate an individual. In the consumer electronics industry, fingerprint recognition technology is used in laptops, computers, and smartphones, among others. Hence, fingerprint authentication finds numerous applications and is widely adopted by many industries.

Travel and immigration sector held the largest share of the biometric system market in 2015

Many governments have set some stringent rules and regulations in the travel and immigration sector to improve the overall security. Countries such as the U.S. and the U.K have passed some stringent laws. In the U.S., according to Enhanced Border Security and Visa Entry Reform Act of 2002, it is mandatory to use biometrics in visas. This factor would drive the growth of biometric system market in the travel and immigration sector. Moreover, countries such as Japan, Singapore, and the U.S. have deployed biometric systems in airports to improve the overall security.

North America held the largest share of the biometric system market in 2015

North America held the largest share of the biometric system market in 2015, followed by Europe and Asia-Pacific. The U.S. held the largest share of the biometric system market in North America owing to strong demand in government and security sector. The U.S. has made considerable investments in setting up biometrics-based security solutions at its borders and airports through its customs and border protection (CBP), a government agency to monitor the influx of immigrants and tourists. The United States citizenship and immigration services have made e-visa and e-passport mandatory for new applicants. All these developments have led to the growth of the biometric system market in North America.

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Major players in this market include Safran SA (France), NEC Corporation (Japan), 3M Cogent, Inc.(U.S.), Fujitsu Ltd. (Japan), BIO-Key International, Inc. (U.S.), Precise Biometrics AB (Sweden), Secunet Security Networks AG (Germany), Thales SA (France), Aware, Inc. (U.S.), Cognitec Systems GmbH (Germany), Cross Match Technologies (U.S.), Fulcrum Biometrics, LLC (U.S.), Daon, Inc. (U.S.), and Facebanx (U.K.).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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Supercapacitor Market worth 2.18 Billion USD by 2022

According to the new report "Supercapacitor Market by Type (Double Layer, Pseudocapacitor, and Hybrid), Application (Laptop, Camera, Power Backup, Memory, UPS, Aircraft, Solid-State Disc Drives) Vertical, and Geography - Global Forecast to 2022", the supercapacitor market is estimated to be valued at USD 568.2 million in 2015 and is expected to reach USD 2,181.2 Million by 2022 at a CAGR of 20.7 % between 2016 and 2022. Factors such as high storage capabilities, need of power conservation, high performance supercapacitors for consumer and automotive applications, and additional capabilities such as moisture resistant, light weight and low equivalent series resistance are the key drivers for supercapacitor market.
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Double layer capacitor held the largest market share in 2015 and is expected to exhibit high growth during the forecast period
Double layer capacitor is the major contributor of this market. The market for double layer capacitors is increasing rapidly. Its applications vary from portable electronics and medical devices to hefty hybrid and other transportation uses. Moreover, supercapacitor can also be used in other application such as memory, power backup, led signs, and renewable energy.
Automotive vertical expected to grow at the highest rate during the forecast period
Supercapacitors have extensive range of uses in automotive. The significance of supercapacitor is increasing owing to the growing implementation of automobiles that uses electrical systems to become more energy efficient. Battery uses more energy by losing kinetic energy while accelerating and decelerating the vehicle Thus, supercapacitors helps reduce energy usage for power break application in automotive industry use of traditional batteries in the automotive sector. The supercapacitors are used widely in the automotive for headlights, the climate control, and audio system.
APAC held the largest share of the supercapacitor market
The major tech companies such as Panasonic Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), and Nesscap Co., Ltd. (China), among others have been responsible for the dynamic growth of the supercapacitor market in APAC. China held the largest market share in APAC, in 2015. Additionally, its application in the consumer electronics and automotive vertical has fueled the market growth.
The market in APAC is expected to grow at the highest rate during the forecast period. The increasing number of businesses in APAC has increased the demand for supercapacitor.

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Major players operating in the supercapacitor market include Cap-XX Limited (Australia), Panasonic Corporation (Japan), Nesscap Energy Inc. (Canada), Murata Manufacturing Co., Ltd. (Japan), Maxwell Technologies, Inc. (U.S.), Axion Power International, Inc. (U.S.), AVX Corporation (U.S.), Graphene Laboratories, Inc. (U.S.), Nippon Chemi-Con Corporation (Japan), Mouser Electronics, Inc. (U.S.), and Evans Capacitor Company (U.S.).
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