Internet of Things Market Growth Factors, Latest Rising Trend & Forecast to 2022

The report “Internet of Things (IoT) Market by Software Solution (Real-Time Streaming Analytics, Security Solution, Data Management, Remote Monitoring, and Network Bandwidth Management), Service, Platform, Application Area, and Region – Global Forecast to 2022”, size is expected to grow from USD 170.5 billion in 2017 to USD 561 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26% during 2017–2022. The increasing number of connected devices and the proliferation of smartphones have contributed significantly to the rise of IoT. Rising adoption of cloud platforms, development of cheaper and smarter sensors, and evolution of high-speed networking technologies will drive the growth of the IoT market

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Data management to account for the largest market size during the forecast period

Billions of Internet connected devices and applications that includes smart meters, lighting, grid, driverless cars, and wearables devices. These devices are interconnected and enable businesses to work smartly, efficiently, and profitably. With enormous devices connected, IoT is driving vast data volume to be stored, process, and analyzed for adding business value. IoT deployment enhances organizations ability to gain insights from the flowing data to improve efficiencies and customer experience. This heterogeneity of data generated by IoT and smart devices challenge the traditional data management system. The traditional data management solutions only update records, files, and store data in the system. The IoT data management solutions provide a standard platform for storing, processing, managing, and performing data analysis.

The smart retail is expected to grow at the highest CAGR during the forecast period

The IoT technology solutions in the retail industry provide companies with greater visibility into the physical environment and the data they need to optimize workflows, better allocate and utilize assets, and reduce operating costs. Though overall adoption of IoT in retail is limited, these are being increasingly deployed for inventory management as these assist in proper utilization and management of inventory and reduce instances of shrinkage through theft analysis. Apart from this, advertising and real-time analytics are other areas of deployment that help retailers drive targeted promotional campaigns and increase the revenue per customer.

North America to account for the highest market share during the forecast period

North America is expected to hold the largest market share in the IoT market during the forecast period. The countries in this region have established economies, which empowers them to strongly invest in R&D. The rapid digitalization across industry verticals, the increasing adoption of smart connected devices, and the technological advancements have further fueled the growth of the IoT market in this region. 

The major vendors in the IoT market include Google Inc. (US), Hewlett Packard Enterprise (US), Amazon Web Services (US), Bosch Software Innovation GMBH (Germany), General Electronics (US), Intel Corporation (US), SAP SE (Germany), Cisco Systems Inc. (US), Microsoft Corporation (US), Oracle Corporation (US), International Business Machine (IBM) Corporation (US), and PTC Inc. (US).

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Facial Recognition Market 2019 Trends, Size, Segment and Industry Growth

The global facial recognition market size is projected to grow from USD 3.2 billion in 2019 to USD 7.0 billion by 2024, at a CAGR of 16.6% during the forecast period. The major factors driving the market include the growing surveillance industry, the increasing government and defense deployment, and the rising technological advancements across verticals.

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Vendors covered in the facial recognition market report include NEC (Japan), Aware (US), Gemalto (Netherlands), Ayonix (Japan), Idemia (France), Cognitec (Germany), nVviso SA (Switzerland), Daon (US), Stereovision Imaging (US), Techno Brain (Kenya), Neurotechnology (Lithuania), Innovatrics (Slovakia), id3 Technologies (France), Herta Security (Spain), Animetrics (US), Megvii {Face++} (China), FaceFirst (US), Sightcorp (Netherlands), FacePhi (Spain), and SmilePass (UK). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches and product enhancements, and acquisitions, to expand their presence in the facial recognition market. Partnerships, agreements and collaborations, and new product launches have been the most adopted strategies by the major players from 2017 to 2019 to innovate their offerings and broaden their customer base.

NEC (Japan) has evolved as a major multinational IT and electronics company, with offices across the globe, including Asia Pacific (APAC), North America, Europe, and the Middle East. The company has a global employee strength of 110,000 (as of March 31, 2019), with 9 state-of-the-art R&D centers. The company develops and markets its biometric systems, which include standalone (modal/multi-modal) solutions as well as NeoFace Facial Recognition (Multi-Modal) Suite that can be customized to fully meet the customers’ demand. According to results of vendor tests conducted by the National Institute of Standards and Technology (NIST), US, NEC’s facial recognition technology tolerance repeatedly secured a top slot in accuracy, along with Gemalto’s Cogent, with substantially better results than the average systems. NEC has established a strong foundation in AI and biometrics, with the global expansion of AI-based surveillance. NEC substantiates a strong market presence, being the largest non-Chinese supplier of AI surveillance tech to over 14 countries. Moreover, the company’s robust offerings in adjacent fields/markets, such as analytics, cloud, communication platform, conferencing and recording, contact center, data networking, emergency notification, enterprise software, financial services, and integrated IT infrastructure, further bolsters its presence in the facial recognition market.

Aware (US) is among the leading biometric suppliers to government organizations, healthcare organizations, and systems integrators, due to which it has a vast customer base. The majority of Aware’s revenue comes from the US and Brazil, where the company has a large customer base. The company is a leading global provider of biometrics software products, services, and solutions. The company’s linked software products include Software Development Kits (SDKs), applets, and controls; user interfaces applications, which are used for biometric enrollment and forensic analysis; and SDKs for various other uses, including fingerprint recognition, face recognition, and iris recognition. The company offers building blocks and integrated solutions as 2 of the major segments to cater the need of various application areas, such as law enforcement, border management, defense, intelligence, banking, citizen Identity Document (ID), and payments. The company offers 5 solutions in the facial recognition market, namely, Knomi, PreFace, Nexa|Face, FaceWorkbench, and AwareABIS. The company is focusing on developing a strong brand reputation to sell high-quality facial recognition software products and services to the government and commercial market with expert technical support and services.

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How to Reset My Netgear Router?

To perform a factory reset:

(1) Turn back of your router and locate restore factory settings or Reset button
(2) Press & hold the Restore Factory Setting or Reset button.
(3) Open the restore factory setting or Reset button and wait for reboot your router.
(4) After completing your router and reboot the Router power light stops blinking and lights solid green.

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Smart Sensor Devices launched BleuIO – Bluetooth low energy USB adapter

Smart Sensor Devices, has launched its new Bluetooth low energy USB adapter called BleuIO. This USB dongle can be used to create new ble 5.0 application in the fastest and easiest way.
The BleuIO is a fully integrated solution, providing MCU and Bluetooth® radio in one chip, based on Dialog Semiconductor latest Bluetooth chip DA14683. The FLASH based device permits field or boot upgradable, while application is stored on FLASH memory. Custom settings can also be stored on FLASH memory or OTP for higher integrity. This device supports Windows 10, Linux and macOS. CE declaration and FCC certification ready.
The BleuIO is Bluetooth low energy solution that can be used to create new BLE 5.0 applications in the fastest and easiest way. Just use the AT Commands available on the the device. Details about the AT commands will be found on getting started guide which will help anyone make a fast peripheral or central application (or both), on a incredibly low power platform without having to develop a single line of embedded code. Sample codes for iBeacon, Eddystone Beacon, Scanning, Scan and Store, SPS Script etc has been included on the getting started guide.
The device can be bought from https://www.bleuio.com/ and it will cost $15.99 only.
For more details about BleuIO, Bluetooth Low Energy Adapter, email: sales@smartsensordevices.com

How Can You Choose The Right Laboratory Furniture?

17 September 2020, India: Every lab needs the right equipment. Be it for scientific, experimental, or educational purposes. In this article we will give information about the proper ways to select your laboratory furniture.

MODULAR LABORATORY FURNITURE

As per the SEFA guidelines, there are different classes of the furniture you might choose for your lab. Depending on the flexibility and adaptability, SEFA classifies the furniture under 8 groups or classes. Kewaunee’s website (https://www.kewaunee.in/adaptable-furniture-systems.php) clearly mentions the classes from 1 to 8 along with examples. This will help clients seeking modular laboratory furniture to make the right choice.

WHAT ARE THE 8 CLASSES OF LAB FURNITURE?

Class 1 of the lab furniture is the most basic. It is floor mounted. It doesn’t move. It’s for all those labs which are not planning to shift anywhere anytime soon. This furniture is suited well when there is no frequent shifting and reconfiguration of the lab layout. As far as the later class goes by, as you move ahead on the scale of the lab furniture classes, the mobility to use the furniture increases. For instance, class 8 workstation or the furniture used in your labs is going to be highly mobile. You can take it anywhere from one location to another, as and when the changes occur.

MATERIAL OF CONSTRUCTION

Once the class of furniture is chosen, the next important criteria is to select the lab furniture material of construction. Kewaunee has a variety of choice from metal, wooden, phenol, plastic, and even stainless steel at present. The choice of material of construction depends on the experimentations done in the lab. For instance, if you have a normal lab with no harmful chemicals, you can simply go for the wooden or plastic lab furniture. However, in certain cases where chemicals are used heavily, it’s best to go for the stainless steel or metal case works. These materials ensure the usability and durability of the same furniture for a long time.

Each furniture is meant for a certain use. You can check their type, finish, compliance, certifications on our site to make a better decision for your lab’s furniture. For more visit the website https://www.kewaunee.in/laboratory-furniture.php

Contact information:

Kewaunee Labway India Pvt Ltd
Survey No. 92/1A, 3rd Floor, BNR Towers, HP Avenue,
Konappana Agrahara, Begur Hobli,
Electronic City Phase 1, Bangalore – 560 100
Karnataka
Contact No: (91) 8130190350
Website: https://www.kewaunee.in/