Interactive Display Market expected to reach 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.

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Structured Cabling Market worth $13.13 Billion by 2020

According to a new market research report "Structured Cabling Market by Solution Type (Products, Services and Software), Vertical (IT & Telecommunication, Residential & Commercial, Government & Education, Transportation, Industrial and Others) and geography - Global forecast to 2020", the global structured cabling market was valued at $7.72 Billion in 2014 and is expected to reach up to $13.13 Billion by 2020, at a CAGR of 9.0% between 2015 and 2020.

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Structured cabling system can be defined as a set of cables & connectivity products that are used for the integration of various management systems to enable the transmission of voice, data, and video signals. The structured cabling market has faced its highs and lows, however has managed to register a healthy growth rate. This market is expected to witness moderate growth during the forecast period. 

The demand for high-speed connectivity devices & systems, trend of data center convergence, and expansion of the communication infrastructure are some of the primary factors that are contributing to the growth of this market. The extensive growth of LED lighting systems market, transition from analog to IP-based video surveillance systems, and increasing usage of FTTH/FTTP are expected to drive the market in the future.

This report profiles all the major companies involved in the structured cabling market such as CommScope, Inc. (U.S.), Nexans S.A. (France), Panduit Corp. (U.S.), Legrand (France), Corning, Inc. (U.S.), Belden, Inc. (U.S.), ABB Ltd. (Switzerland), Schneider Electric SE (France), Panduit Corp. (U.S.), and Siemon (U.S.).

This report provides a detailed analysis of the overall structured cabling market and segments the same based on component, application, vertical, and geography.

The objective of the research study was to analyze the market trends for each of the industries, the growth rates of the various solution types, and the demand comparison for all industry verticals. The structured cabling market has been segmented based on solution type into products, services, and software which are the crucial components of a structured cabling system which is formed by the integration of various management systems to combine the voice, data, and video signals.

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Apart from the market segmentation, the report also covers the Porter’s Five Forces analysis, the market’s value chain with a detailed process flow diagram, and the market dynamics such as the drivers, restraints, and opportunities in the overall structured cabling market.

The major players in the structured cabling market have also been profiled in this report. The company profile section covers the profiles of the top 10 players in this market. It provides information about their business overview along with products & services offered, key strategies and recent developments, and the MnM view for the profiled companies.

SCADA Market worth $11.16 Billion by 2020

According to a new market research report of “SCADA Market by Components (PLC, RTU, HMI, Communication Systems), Architecture (Hardware, Software, Services), Application (Oil & Gas, Power, Water & Wastewater, Transport, Manufacturing, Chemicals), and Geography - Analysis & Forecast to 2013 - 2020” published by MarketsandMarkets, the market is expected to grow at a CAGR of 7.24% from 2014 to 2020.

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The supervisory control and data acquisition (SCADA) market includes programmable logic controllers (PLC), remote terminal units (RTUs), human machine interface (HMI), and communication systems. SCADA market is expected to grow in the forecasted period as there is huge potential from renewable energy sector, high investments in infrastructure for sectors such as oil and gas, power (transmission and distribution), and water and wastewater management. These are some of the factors which are driving the growth of the SCADA market. Cyber security threat is considered as an important restraint which is being faced frequently by the SCADA market.

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The overall SCADA market is segmented into four major segments- components, architecture, application, and geography. All the segments are separately classified in the report. The SCADA market is expected to reach up to $11.16 billion by 2020, at an estimated CAGR of 7.24 % from 2014 to 2020.

Geographical split for the SCADA market is included in the report. It presents the market size of different geographies. SCADA market report divides the overall market based on the four major geographical segments- The Americas, Europe, APAC, and Rest of the world (ROW). Asia Pacific (APAC) is estimated to contribute the major share in the SCADA market, which is then followed by the Americas and Europe. Major players which are dominating the SCADA market include ABB (Switzerland), Rockwell Automation (U.S.), and Siemens (Germany).

IoT Chip Market: Enhancing Connectivity Between Devices and Introducing New Ways of Operations

Internet of Things (IoT) enables physical and virtual objects to connect with each other via cloud technology and exchange data and information. With rapid technological advancements and increasing dependence on technology, it is evident that the IoT concept has a promising future. The increased research and development (R&D) in the field of IoT in terms of new and improved technologies and the increasing need for improved lifestyle are the two crucial factors driving the IoT chip market.  

Several companies and organizations across the globe, especially the large firms operating in the technology sector, are now working on IoT and plan to expand in this market space. Given the rate of proliferation of the network of wireless sensors, increasing adoption of emerging technologies, and mainstreaming of many smart consumer applications, IoT has gained popularity across domains. IoT has opened up a huge opportunity for the growth of semiconductor companies. Billions of devices are expected to be connected to the Internet by 2020, and the growing IoT market would drive the IoT chip market.

The core application areas of IoT are wearable devices, healthcare, building automation, retail, agriculture, industrial, BFSI, oil and gas, and automotive and transportation, among others. “It is expected that the IoT chip market for the retail end-use application would grow from USD 0.5 million in 2015 to USD 795.2 million by 2022, at the highest CAGR of 172.9% between 2016 and 2022”, says Sachin Garg - Associate Director, MarketsandMarkets who tracks the global market for semiconductor industry. 

For instance, the Amazon Go concept by Amazon will make use of computer vision, sensor fusion, and deep learning algorithms. It will use Just Walk Out technology, which adds items to the virtual cart of the customer and charges from the Amazon account. After charging, the technology sends the receipt to the app. Amazon Go would help provide smooth shopping experience to the customers. 

The introduction of such technologies would help the customers reduce checkout times, facilitate easier payment procedures, allow a comparative cost analysis, and make overall shopping experience easier. Further, the growth of IoT in the automotive and transportation application would be driven by significant business opportunities for connected cars. Automotive companies believe that the use of IoT would help to evaluate the performance of the vehicle. Increased connectivity will also provide additional ways for automotive companies to cross-sell their products to customers.

The automotive and transportation sector is expected to considerably drive the demand for connectivity ICs in the near future. In 2015, connectivity ICs held the largest share of 46.3% of the IoT chip market. The increasing use of IoT in the automotive and transportation sector requires better wireless connectivity technologies to support new segments such as connected cars and intelligent transportation systems (ITS), which would result in increasing demand for connectivity ICs.

Mr. Garg says that overall IoT chip market is expected to grow from USD 5,750.4 million in 2015 to USD 14,814.2 million by 2022, at a CAGR of 13.2% between 2016 and 2022. Integration of connectivity capabilities in large number of devices and applications and development of IPv6 have considerably driven the IoT chip market. Further, increasing investments in the IoT industry space to develop new IoT-based products would create demand for more IoT chips.

As of 2016, companies such as Intel Corporation (U.S.), Qualcomm Incorporated (U.S.), STMicroelectronics (Switzerland), Texas Instruments Incorporated (U.S.), and MediaTek Inc. (Taiwan) were the leaders in the IoT chip market evaluated on the basis of their R&D investment and growth strategies such as new product launches, acquisitions, collaborations, and partnerships in the IoT industry space. For instance, Intel believes that the automotive market is a critical space, and it plans to invest about USD 250 million for autonomous driving. These kinds of investments would drive the technological development in terms of connectivity, communications, and security and further fuel the growth of the IoT chip market.

Thus, the growing penetration of IoT and development of new IoT-based products would significantly generate demand for the development of more IoT chips in the near future.

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Artificial Intelligence Market: Strongly Influencing the Present and Future of Businesses and Humankind

Artificial intelligence (AI) can be understood as a science, engineering and deployment of machines, which perform tasks with intelligence as similar to humans. Since its inception 60 years ago, AI has observed significant growth in recent years. Initially, AI was considered as topic for academicians, though in recent years with development of various technologies, AI has turned into reality and is influencing many lives and businesses. 

Additionally, evolution of various other supplementary technologies such as cloud computing, machine learning and cognitive computing are collectively paving the growth of the market for AI. “In 2015, the AI chipset market was valued for USD 589.8 million and is expected to reach USD 16,059.3 million in 2022, at a CAGR of 62.9% from 2016 to 2022”, says Sachin Garg who tracks global market for semiconductor at research firm MarketsandMarkets. Many IT giants and start-ups are investing heavily in development of AI software solutions and hardware products. Some the prominent players in AI market in the recent times are Intel Corporation (U.S.), Google Inc. (U.S.), Microsoft Corporation (U.S.), Amazon.com, Inc. (U.S.), Baidu, Inc. (China), and NVIDIA Corporation (U.S.). 

 

Computer vision technology has become a part of high definition video games, while deep learning; which is a subset of machine learning is now implemented in speech recognition, drug discovery, health monitoring and various others applications. Robotics has evolved as one of the most promising AI technology in recent times. With wide range of applications, AI enabled robots are nowadays applied in welding, cutting, color coating and polishing purposes in automotive industry; carrying out several clinical tests and performing surgeries in healthcare industry. Furthermore, robotics and AI are likely to benefit the industries which are lacking the skilled and young workforce such as agriculture, factories, food processing and fulfillment centers.

Moreover, AI is likely to gain traction with amalgamation of various technologies such as deep learning, robotics, digital personal assistance, querying, natural language processing, and context-aware processing to develop an AI-featured product. In near future, AI is expected to make a crucial impact in multiple end-use applications such as driverless cars, healthcare diagnostics, and physical assistance in elder care.

AI is likely to disrupt every business segment across the world. The end-use industries of AI featured in this AI market study includes, agriculture, BFSI, manufacturing, healthcare, oil & gas, media & advertising, transportation and automotive, retail, among others. Among these verticals, transportation and automotive sector was the largest contributor to the AI market in 2015. This was resultant of significant investment made by federal governments and venture capitalists in development of connected and autonomous vehicles. 

These funding consequently resulted in some of the tangible recent development in autonomous projects. For instance, in October 2016, Otto (U.S.) (now acquired by Uber Technologies, Inc. (U.S.)) shipped its first consignment from Denver, Colorado, U.S. to Denver Springs, U.S. using driverless truck. 

The autonomous driving was carried for 120 mile journey. However, healthcare industry is estimated to exhibit highest growth in near term. The growing penetration of AI in health care assistance and medical management are the two key factors driving the market for the healthcare industry. Moreover, AI technologies are also used in the healthcare industry for decision-making processes, extracting information from the data collected from patients, and processing it further for testing and simulation of new treatments, scenarios, and devices.

The increasing large and complex datasets even called as big data, and the adoption of AI-enabled products and services to improve consumer-centric services are the two major growth drivers of the AI market. However, the scarcity of low cost and energy efficient hardware, and the lack of skilled workforce for development of AI algorithms and tools is curbing the growth of the AI market.

In essence, AI offers significant growth opportunities to all the stakeholders involved in its ecosystem. Development of human-aware AI systems and widening scope of AI technologies in niche markets are prominent market opportunities existing today. In addition to this, deploying AI at the edge of the network is likely to become a massive industry trend in coming years.

From new product launches to mergers & acquisitions, AI industry has witnessed some tremendous and crucial developments in recent years. Many companies are relying on their in-house developments, while some are growing with inorganic growth practices. Google, one of the frontrunners in AI had launched industry’s first AI-enabled smartphone “Pixel” in October 2016, which signifies that AI is now turning into a reality. On the other hand, IBM acquired Truven Health Analytics (U.S.) in April 2016, with this IBM intent to derive insights from Truven’s health data using Watson Health’s cognitive capabilities. 

On similar lines, in January 2016, IBM acquired The Weather Company, based in Atlanta, Georgia (U.S.) to introduce a new platform for IBM Watson Internet of Things. Alongside this, leading graphics processing unit (GPU) providers, NVIDIA Corporation launched the industry’s first deep learning system, “NVIDIA DGX- 1”, in April 2016. This tool is a completely integrated system with deep learning hardware and software, and development tool kit.

Thus, AI technologies are the future for many industries which are striving for efficient, low-cost operations and high profitability in their markets.


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Neuromorphic Computing: A Disruptive Technology for High-Performance Computing

Neuromorphic computing is inspired by the functioning of a human brain which makes it possible to encode information more efficiently than the present computer chips. In the von Neumann architecture-based processors available today, the data shuttles between the processor and the storage system for the execution of each instruction, while in neuromorphic chips, processing and storage functions are integrated; thus, each neuron can process small piece of information and stores it locally. Synapses help in data communication and in connecting the neurons, thereby enabling biological brain-like functions for neuromorphic chips. Such fundamental changes in the architecture of neuromorphic processing chips enable massive parallel execution of information, thereby significantly increasing the speed of processing with low power consumption. 

End of Moore’s law would lead to surge in neuromorphic computing adoption

In the next few years, end of Moore’s law—the number of transistors in a dense integrated circuit doubles approximately every two years—would result into reduced space between electrons and holes and would lead to problems such as current leakage and overheating in ICs. 

These problems would lead to slower performance, high power consumption by ICs, and reduced durability. Thus, the need for finding an alternate way to increase the computational power of chips has fueled the development of neuromorphic chips. Neuromorphic chips can be 176,000 times more efficient in running brain-like work load compared to modern CPUs. Another important factor is the reduction in size of a transistor would result into increase in cost. As a result, researchers are evaluating different approaches to conduct large-scale computation models, which are inspired by biological principles. 

“The neuromorphic computing market, by offering, is expected to be valued at USD 6,591.1 thousand in 2016 and is likely to reach USD 272,915.7 million by 2022, at a CAGR of 86.0% between 2016 and 2022”, says Sachin Garg who tracks global market for semiconductor at research firm MarketsandMarkets.

Ongoing Developments in Neuromorphic Computing

Various development projects have been undertaken by companies and research organizations to develop neuromorphic computing systems. Engineers in the Stanford University (U.S.) developed a circuit board, Neurogrid, which simulates one million neurons connected by six billion synapses connected in structured patterns and consume 100,000 times lesser power compared to a supercomputer.  

The Freie University, in collaboration with the University of Bielefeld, Kirchoff Institute for Physics, and Heidelberg, is working on designing a neuromorphic chip and software modeled on insects’ odor-processing systems and developing it to recognize plant species by their flowers. The BrainScaleS neuromorphic system has been developed at the University of Heidelberg (Germany) which was a collaboration of 19 research groups from 10 European countries, funded by the European Union. SpiNNaker, a parallel low-power neuromorphic supercomputer, was built at the Manchester University in the U.K. and was funded by the U.K. government until early 2014.  

IBM Corporation (U.S.), HP Enterprise (U.S.), Samsung Electronics Limited (South Korea), Intel Corp. (U.S.), HRL Laboratories, LLC (U.S.), General Vision Inc. (U.S.), Applied Brain Research, Inc. (U.S.), and BrainChip Holdings Ltd. (U.S.) are some of the major companies in the neuromorphic computing market. In 2011, IBM (U.S.) unveiled what it calls TrueNorth, a custom-made, brain-like chip that builds on a simpler experimental system.

TrueNorth is equipped with 4,096 processor cores, and it replicates one million human neurons and 256 million synapses—two of the fundamental biological building blocks that make up the human brain. It is the largest chip IBM has ever built at 5.4 billion transistors and has an on-chip network of 4,096 neurosynaptic cores. Samsung Electronics (South Korea) is using IBM’s TrueNorth chip for its machine-vision project to develop image processors.  HRL Laboratories (U.S.) is testing its neuromorphic chips for drones for surveillance and target tracking applications. The Institute for Neuroinformatics (Switzerland) has developed neuromorphic vision sensors, silicon cochlea, and medium-scale neuromorphic processors such as the Reconfigurable On-Line Learning Spiking (ROLLS) and cxQuad chips which use sub-threshold analog circuits. 

In May 2016, General Vision released a new version of its NeuroMem API, compatible with two commercial chips featuring its neural network technology on silicon: (1) General Vision’s CM1K chip and (2) the new Intel’s Curie model.

Adoption of Neuromorphic Computing by Government Agencies and Institutions

The U.S. government is increasing its support of new paradigms, including neuromorphic and quantum computing, to maintain its position as the leader in the field of high-performance computing. In line with this, the U.S. government’s Lawrence Livermore National Laboratory (LLNL) (California, U.S.) has purchased a first-of-a-kind brain-inspired supercomputing platform for deep learning developed by IBM. Based on IBM’s neurosynaptic chip “TrueNorth”, this platform would process an equivalent of 16 thousand neurons and 4 billion synapses and consume mere power of 2.5 watts. LLNL would use this new system to explore new computing capabilities in cybersecurity, control the U.S. nuclear weapons, and manage agreements to keep watch on nuclear weapons in the world.

The Defense Advanced Research Projects Agency provided funds to HRL Laboratories’ Center for Neural and Emergent Systems to develop a chip with 576 silicon “neurons” to be used in a drone aircraft. IBM Watson, a technology platform that uses natural language processing (NLP) and machine learning to reveal insights from large amounts of unstructured data, has initiated partnerships with various major cancer institutes and clinics to derive personal insights from the cancer patients’ deoxyribonucleic acid (DNA). European Union, the Heidelberg University, and the University of Manchester have invested more than USD 100 thousand on “Human Brain Project (HBR)”, which is functional to reconstruct the complex functional role of a human brain and simulate it using parallel architecture.  

Emerging Applications of Neuromorphic Computing

As an immediate application, neuromorphic chips can be integrated with the CPU, thereby enhancing its capabilities of pattern recognition. Parallel connected neurons can perform operations such as image classification, speech recognition, and data mining at a greater speed than that by a conventional CPU, thereby speeding up the overall pattern recognition tasks, while releasing operation load on the CPU. In 2012, IBM Sequoila, a supercomputer build on the Von Neumann architecture, simulated brain using 500 billion neurons and 100 trillion synapses. The supercomputer could simulate brain functioning at a 1/1,500 of actual and consumed 12 GW of power. Similar simulation using neuromorphic chip requires 35 KW of power. 

The new NeuroMem API is available for the Intel Arduino/Genuino 101 and for the General Vision’s BrainCard. In August 2015, IBM developed “rodent brain” chips that are designed with 48 million nerve cells, which is approximately equal to the number of neurons in a rodent head. These chips are used to identify images, recognize spoken words, and understand natural language processing (NLP). Neuromorphic chips can execute instructions rapidly and consume low power. They are highly efficient in pattern recognition which is why can be used for computational applications in various verticals such as military and defense and  information technology (IT), among many others. These chips can be integrated with drones, smartphones, automobiles, search engines, and climate prediction equipment, among others. 

Using pattern recognition, a drone can identify the region it is flying over and respond accordingly. In a smartphone, pattern recognition helps in capturing and tagging images based on objects captured and also in recognizing the voice of an individual. In the automotive sector, pattern recognition can be used to understand the health or position of a driver and adjust the driver’s seat automatically to provide optimum comfort. Moreover, pattern recognition capabilities can be used in search engines to enhance performance, detect frauds in financial markets, and predict climate by using equipment to anticipate climatic conditions accurately. 

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For more information Visit: Neuromorphic Computing Market by Application - 2022