Smart Home Market insight worth $151.4 billion by 2024

MarketsandMarkets report, "Smart Home Market by Product (Lighting Control, Security & Access Control, HVAC, Entertainment, Smart Speaker, Home Healthcare, Smart Kitchen, Home Appliances, and Smart Furniture), Software & Services, and Region - Global Forecast to 2024", the overall smart home market is expected to grow from USD 76.6 billion in 2018 to USD 151.4 billion by 2024, at a CAGR of 12.02%. The growth of the smart home market is driven by many factors, such as a large base of internet users and rapid adoption of smart devices; increased public awareness of fitness and healthy lifestyles owing to the high disposable income in developing countries; high importance of home monitoring from remote locations; rise in the need for energy-saving and low carbon emission solutions; cost reduction measures enabled by smart homes; rapid proliferation of smartphones and smart gadgets; existence of various market players focusing on expanding their smart home product portfolios; and widespread concern about safety, security, and convenience.

Highlights

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·         The market for smart speakers is likely to grow at a high rate during the forecast period”

·         “The market for proactive type software and services to grow at a higher rate during the forecast period”

·         “The smart home market in APAC is expected to grow at a high rate during the forecast period”

·         The smart home market is currently dominated by Johnson Controls International (Ireland), United Technologies Corporation (US), Schneider Electric (France), Honeywell International, Inc. (US), and Siemens AG (Germany).

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Human Machine Interface Market (HMI) growth assets worth 5.86 Billion USD by 2022

According to MarketsandMarketsTM "Human Machine Interface Market (HMI) by Offering (Hardware (Basic HMI, Advanced PC-Based HMI, Advanced Panel-Based HMI) and Software (On-Premise HMI and Cloud-Based HMI)), Configuration Type (Stand-Alone HMI and Embedded HMI) - Global Forecast to 2022", the HMI market is expected to be valued at USD 5.86 Billion by 2022, growing at a CAGR of 9.0% between 2016 and 2022. Factors such as growing adoption of industrial automation equipment in the manufacturing sector, evolution of industrial internet of things (IIoT) and growing demand for smart automation solution, and growing need of efficiency and monitoring in the manufacturing plant are the factors driving the HMI market.

Highlights 
• 74 Market Data Tables.
• 86 Figures Spread.
• 174 Pages and in-depth TOC.
“Embedded HMI segment expected to grow at a higher rate during the forecast period”

“Market for cloud-based HMI to grow at the highest rate between 2016 and 2022”

“North America expected to dominate the HMI market between 2016 and 2022”

The major players involved in the HMI market include ABB Ltd. (Switzerland), Advantech Co., Ltd. (Taiwan), Emersion Electric Co. (U.S.), General Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Kontron AG (Germany), Mitsubishi Electric Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), and Yokogawa Electric Corporation (Japan).

• Ask for Sample Pages of Report :- HMI Market

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MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" 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.

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Non-Destructive Testing and Inspection Market worth at USD 12.6 Billion by 2024, at a CAGR of 7.24%, between 2018 and 2024

The "Non-Destructive Testing and Inspection Market by Technique (Visual Testing, Magnetic Particle, Liquid Penetrant, Eddy-Current, Ultrasonic, Radiographic, Acoustic Emission), Method, Service, Vertical, and Geography - Global Forecast to 2024", published by MarketsandMarkets^TM. The non-destructive testing and inspection market is estimated to grow from USD 8.3 billion in 2018 to USD 12.6 billion by 2024; it is expected to grow at a CAGR of 7.24% from 2018 to 2024. Stringent government regulations regarding public safety and product quality, and continuous advances in electronics, automation, and robotics are among a few major factors driving the growth of the NDT and inspection market. The high adoption of IoT devices and rising need to assess the health of aging assets also propel the growth of the NDT and inspection market.       

• The ultrasonic testing (UT) technique to hold the largest share of the non-destructive testing and inspection market in 2018
• The market for the manufacturing vertical expected to grow at the highest CAGR during the forecast period
• North America expected to hold the largest market share during the forecast period

General Electric (US), Olympus Corporation (Japan), MISTRAS Group (US), Nikon Metrology (Belgium), and Ashtead Technology (Scotland), YXLON International (Germany), Sonatest (UK), Zetec, Inc. (US), T.D. Williamson Inc. (US), Bosello High Technology Srl (Italy), Eddyfi (Canada), and Magnaflux (US), Fischer Technology Inc. (US), Cygnus Instruments Ltd. (UK), NDT Global GmBH (Germany), Acuren (US), and LynX Inspection (Canada) are the key players in the market. Ask for Sample Pages of Report : NDT Market
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Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market rising upto USD 8.79 Billion by 2023

MarketsandMarkets report, "Real-Time Locating Systems (RTLS) Market by Offering (Hardware, Software, Services), Technology (RFID, W-Fi, UWB, BLE), Vertical (Healthcare, Manufacturing, Retail, Education, Govt., Sports), Application/Use case, and Geography - Global Forecast to 2023", The RTLS market is expected to grow from USD 3.19 billion in 2018 to USD 8.79 billion by 2023, at a CAGR of 22.5% between 2018 and 2023. The emergence of innovative startups, market competitiveness, and availability of customized solutions; high return on investment; and regulatory compliance across industries including healthcare, oil & gas, mining, education, and manufacturing are the factors driving the growth of the RTLS market. Concerns regarding data security and privacy and unsatisfactory results and negative feedback from RTLS end users and the high cost of acquisition and maintenance would be the major factors restraining the growth of the market.
Highlights

RFID IN HEALTHCARE
The RFID in Healthcare Consortium (RHCC) is a not-for-profit, subsidiary organization of The Intelligent Health Association (IHA) and operates under its auspices, guidelines, governance, and by-laws. The Consortium was founded on September 13th, 2008 to initially address EMI issues with RFID & RTLS technologies but has recently transformed itself into a full-fledged trade organization. The Consortium is an educationally focused, vendor neutral, technology and frequency agnostic, organization dedicated to promoting the use and adoption of RFID and RTLS technologies in the healthcare, assisted living and nursing home industries. KNOW MORE

• UWB-based RTLS solutions are expected to register the highest growth in the RTLS market during the forecast period
• Education vertical is expected to register the highest growth in the RTLS market during the forecast period
• North America is expected to hold the largest market share in the RTLS market during the forecast period
• The RTLS market is dominated by STANLEY Healthcare (US), Zebra Technologies (US), Aruba Networks (HP Enterprise US), IMPINJ (US), Savi Technology (US), TeleTracking Technologies (US), Ubisense Group (UK), AiRISTA Flow (US), Awarepoint (US), Identec Group (Liechtenstein), and Alien Technology (US) are a few leading players in the RTLS market.

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Healthcare Market To Amply Exploit Augmented and Virtual Reality worth 4,997.9 Million USD by 2023

MarketsandMarkets^TM : According to the new research report "Augmented and Virtual Reality in Healthcare Market by Offering (Hardware and Software), Device Type, End User, Application (Patient Care Management, Medical Training & Education, Pharmacy Management, Surgery), and Geography - Global Forecast to 2023", is expected to grow from USD 769.2 Million in 2017 to USD 4,997.9 Million by 2023, at a CAGR of 36.6% between 2017 and 2023. The increasing penetration of connected devices in the healthcare sector, increased investment in the AR and VR healthcare, and the growing need to reduce the healthcare cost are the major drivers for the augmented reality in healthcare and virtual reality in healthcare market.

Healthcare AR & VR Conference

Doctors, researchers, scientists and patients alike are rapidly adopting XR applications to evolve healthcare as we know it. Augmented, virtual, and mixed reality are revolutionizing treatment and therapy, improving quality while cutting costs, and reducing risk during procedures. XR data science is shaping data visualization and providing solutions for biomedical processes and technologies. Research is also showing that immersive experiences could soon be prescribed as a means to treat everything from ADHD to Alzheimer's. Attend sessions in XRDC's Healthcare Track to hear from developers, meet innovative healthcare practitioners, and identify business opportunities and partnerships in this rapidly growing sector. MORE INFO.

·         Head-up displays to witness high growth during the forecast period
·         Surgery application to witness high growth during the forecast period·         North America expected to hold a major share of the augmented and virtual reality in healthcare market during the forecast period

Major players in the market for augmented reality in healthcare and virtual reality in healthcare are Google (US), Microsoft (US), DAQRI (US), Psious (Spain), Mindmaze (Switzerland), Firsthand Technology (US), Medical Realities (UK), Atheer (US), Augmedix (US), and Oculus VR (US).For more details, request a sample report.

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Augmented Reality Software Market Cops 35.22 Billion USD by 2022

MarketsandMarkets’ report, “Augmented Reality Software Market by Software Function (Remote Collaboration, Workflow Optimization), Vertical (Consumer, Commercial, Enterprise, Medical, Aerospace & Defense, Mining, Telecom & IT/Data Centers), and Geography - Global Forecast to 2022", published by MarketsandMarkets^TM.  The augmented reality software market, this market is expected to grow from USD 2.13 Billion in 2016 to USD 35.22 Billion by 2022, at a CAGR of 57.36% between 2016 and 2022.

• Notable Findings: Ask for Sample Pages of Report :-
  https://www.marketsandmarkets.com/requestsampleNew.asp?id=214655476

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BRIDGING THE DIGITAL AND PHYSICAL WORLDS FOR BUSINESS EFFICIENCIES
JUNE 10 - 13, 2019 | BOSTON, MA
Augmented Reality (AR), creating graphical enhancements to a real physical environment, empowers innovators and developers to build immersive experiences that transform the way users create, operate and service products in the smart, connected world. The business applications of Virtual Reality (VR), technology that immerses a person in a completely computer-generated world and removes them from reality, are growing. Mixed Reality (MR), a blend of the two worlds where physical and digital objects co-exist and interact in real time, is branching out into business and manufacturing. These new technologies can help organizations gain insight into various processes from the factory floor, assembly and operations, service and training. At LiveWorx, you’ll be armed with knowledge on the competitive advantages that AR, VR and MR offer (including enhanced sales & marketing efforts, improved service margins, optimized manufacturing operations and streamlined product design) and best practices to implement them in your organization.
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      • Augmented reality software market for the consumer vertical is expected to hold the largest market share during the forecast period

• Augmented reality software market for commercial vertical is expected to witness high growth during the forecast period
• North America expected to lead the augmented reality software market during the forecast period
• The major players in the augmented reality software market are PTC Inc. (U.S.), Wikitude GmbH (Austria), DAQRI LLC (U.S.), Zugara, Inc. (U.S.), Blippar (U.K.), Upskill (U.S.), Aurasma (U.K.), Augmate (U.S.), Catchoom Technologies S.L. (Spain), and Ubimax GmbH (Germany). Request a sample of the “Augmented Reality Software Market” Report.

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MarketsandMarkets™ INC.
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Cleaning Robot Suits for Residential Applications Market

MarketsandMarkets’ report, “"Cleaning Robot Market by Type, Product (Floor-cleaning robot, Lawn-cleaning robot, Pool-cleaning robot, Window-cleaning robot), Application (Residential, Commercial, Industrial, Healthcare), and Geography - Global Forecast to 2023", the cleaning robot market is expected to grow from USD 2.09 Billion in 2018 to USD 4.34 Billion by 2023, at a CAGR of 16.21% between 2018 and 2023. The growth of this market is mainly driven by factors such as penetration of automation in household appliances, rise in labor cost, and increasing safety concern.

• Notable Findings ask for Sample Pages of Report :-
  https://www.marketsandmarkets.com/requestsampleNew.asp?id=22726569

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• Floor-cleaning robot expected to hold the largest share of the cleaning robot market by 2023

• Cleaning robot market for residential application expected to grow at the highest CAGR between 2018 and 2023
• APAC expected to dominate the cleaning robot market during the forecast period
• The key players in the market include iRobot (US), Neato Robotics (US), LG Electronics (South Korea), Samsung Electronics (South Korea), Ecovacs Robotics (China), Dyson (UK), Intellibot Robotics (US), Alfred Kärcher (Germany), ILIFE (China), bObsweep (Canada), Bissell Homecare (US), Miele (Germany), Cyberdyne (Japan), Vorwerk (Germany), and Monoprice (US). The key players in this market are increasingly undertaking the strategies of partnerships and collaborations, and product developments and launches to develop and introduce new technologies and products to the market.

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Mr. Shelly Singh
MarketsandMarkets™ INC.
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