#5G Infrastructure Market 2020

[aishavass]

The increasing demand for Radio Access Network and growing implementation of Distributed Antenna systems will boost the demand for global 5G infrastructure...

[frank-olivier]

Semiconductors: The Driving Force Behind Technological Advancements

The semiconductor industry is a crucial part of our modern society, powering everything from smartphones to supercomputers. The industry is a complex web of global interests, with multiple players vying for dominance.

Taiwan has long been the dominant player in the semiconductor industry, with Taiwan Semiconductor Manufacturing Company (TSMC) accounting for 54% of the market in 2020. TSMC's dominance is due in part to the company's expertise in semiconductor manufacturing, as well as its strategic location in Taiwan. Taiwan's proximity to China and its well-developed infrastructure make it an ideal location for semiconductor manufacturing.

However, Taiwan's dominance also brings challenges. The company faces strong competition from other semiconductor manufacturers, including those from China and South Korea. In addition, Taiwan's semiconductor industry is heavily dependent on imports, which can make it vulnerable to supply chain disruptions.

China is rapidly expanding its presence in the semiconductor industry, with the government investing heavily in research and development (R&D) and manufacturing. China's semiconductor industry is led by companies such as SMIC and Tsinghua Unigroup, which are rapidly expanding their capacity. However, China's industry still lags behind Taiwan's in terms of expertise and capacity.

South Korea is another major player in the semiconductor industry, with companies like Samsung and SK Hynix owning a significant market share. South Korea's semiconductor industry is known for its expertise in memory chips such as DRAM and NAND flash. However, the industry is heavily dependent on imports, which can make it vulnerable to supply chain disruptions.

The semiconductor industry is experiencing significant trends, including the growth of the Internet of Things (IoT), the rise of artificial intelligence (AI), and the increasing demand for 5G technology. These trends are driving semiconductor demand, which is expected to continue to grow in the coming years.

However, the industry also faces major challenges, including a shortage of skilled workers, the increasing complexity of semiconductor manufacturing and the need for more sustainable and environmentally friendly manufacturing processes.

To overcome the challenges facing the industry, it is essential to invest in research and development, increase the availability of skilled workers and develop more sustainable and environmentally friendly manufacturing processes. By working together, governments, companies and individuals can ensure that the semiconductor industry remains competitive and sustainable, and continues to drive innovation and economic growth in the years to come.

Chip War, the Race for Semiconductor Supremacy (2023) (TaiwanPlus Docs, October 2024)

Dr. Keyu Jin, a tenured professor of economics at the London School of Economics and Political Science, argues that many in the West misunderstand China’s economic and political models. She maintains that China became the most successful economic story of our time by shifting from primarily state-owned enterprises to an economy more focused on entrepreneurship and participation in the global economy.

Dr. Keyu Jin: Understanding a Global Superpower - Another Look at the Chinese Economy (Wheeler Institute for Economy, October 2024)

Dr. Keyu Jin: China's Economic Prospects and Global Impact (Global Institute For Tomorrow, July 2024)

The following conversation highlights the complexity and nuance of Xi Jinping's ideology and its relationship to traditional Chinese thought, and emphasizes the importance of understanding the internal dynamics of the Chinese Communist Party and the ongoing debates within the Chinese system.

Dr. Kevin Rudd: On Xi Jinping - How Xi's Marxist Nationalism Is Shaping China and the World (Asia Society, October 2024)

Tuesday, October 29, 2024

[stevecarell600]

Public Safety LTE Market Size, Share, Trends Key Companies & Competitive Landscape by 2032

The global Public Safety LTE Market is set to gain momentum from the increasing usage of land mobile radio by military and police services for mobile communication. Fortune Business Insights™ provided this information in an upcoming report, titled, “Public Safety LTE Market Size, Share & Industry Analysis, By Infrastructure (E-UTRAN, EPC), By Services (Consulting, Integration), By Deployment Model (Private, Hybrid), By Application (Law Enforcement, Firefighting Services) and Regional Forecast, 2024-2032.” The report further states that the implementation of public safety LTE network is providing a rising support to both critical mission and voice data services.

Informational Source:

https://www.fortunebusinessinsights.com/public-safety-lte-market-102603

The outbreak of the COVID-19 pandemic has taken a toll on the global economy. Most of the companies have started cutting off their employees because of a decline in production and sales. The worldwide lockdown has created major disruptions in the supply chain, thereby obstructing the transportation of raw material. Our reports are providing elaborate analysis of the current situation and its effects on every market.

Fortune Business Insights™ lists out the names of all the public safety LTE manufacturers present in the global market. They are as follows:

Airbus SE (Netherland)

AT&T, Inc. (The U.S.)

Bittium Corporation (Finland)

General Dynamics Corporation (The U.S.)

Harris Corporation (The U.S.)

Huawei Technologies Co. Ltd. (South Korea)

Hytera Communications Corporations (China)

KT Corporation (South Korea)

Samsung Electronics Co. Ltd. (South Korea)

ZTE Corporations (China)

This Report Answers the Following Questions:

What are the challenges and opportunities in the global market?

Which segment is set to dominate the market in terms of share?

What are the growth drivers, dynamics, and obstacles?

Which region is expected to lead the market in terms of revenue?

Drivers & Restraints-

High Demand for Seamless Data Connectivity to Accelerate Growth

The demand for seamless data connectivity is one of the major drivers for the public safety LTE market growth. It is being demanded increasingly from applications in unmanned aerial vehicles (UAVs). Apart from that, high qualities of voice communication services and data safety are being provided by public safety LTE networks. Coupled with this, the adoption of a low power wide area (LPWA), as well as the usage of emergency service to develop internet protocol (IP) would contribute to the market growth positively. However, budget constraints for maintaining and developing a dedicated public safety LTE network may hinder growth.

Regional Analysis-

Increasing Demand from Police Service to Favor Growth in Europe

Regionally, North America is anticipated to generate the highest public safety LTE market revenue in the near future. This growth is attributable to the presence of several industry giants, such as Harris Corporation and General Dynamics Corporation in the region. Europe is expected to retain the second position owing to the rising adoption of LTE networks in police service. Asia Pacific, on the other hand, is likely to showcase a considerable growth fueled by the rising demand for public safety LTE networks from India, Japan, and China. At present, China is developing unique 5G enabled LTE networks to refine the voice communication service across its borders.

Competitive Landscape-

Key Companies Aim to Sign Contracts to Gain a Competitive Edge

The market consists of a large number of companies across the globe. Most of them are trying to gain a competitive edge by signing contracts with the other start-ups. Some of them are also striving to bag new orders.

Below are two of the key industry developments:

February 2020: The U.K. Home Office Emergency Services Network (ESN) signed a contract with APD Communications. It would enable APD to connect emergency services for ESN by using the LTE network.

November 2017: The U.K Home Office Emergency Services Network (ESN) and Samsung Electronics Co. Ltd. signed a contract to supply the former with 250,000 smartphones and accessories. The total deal is worth USD 280 million.

[rohitpalan]

Magnetic Sensor Market Poised for Steady Growth: Projected to Reach USD 3.84 Billion by 2033

The global magnetic sensor market size is set to reach US$ 2,382.91 million in 2023. Overall sales of the magnetic sensor are likely to surge at 4.9% CAGR. Moreover, the market is likely to reach a valuation of US$ 3,844.70 million by 2033.

The magnetic sensor market is being driven by several key factors, including:

The increasing demand for magnetic sensors in automotive applications

The growing demand for consumer electronics

The expansion of IoT and advancements in technology

Increasing focus on safety and security

The rising demand for automation

These drivers are creating opportunities for manufacturers and service providers to develop new and innovative force sensor solutions.

Companies can capitalize on these drivers by investing in research and development activities. Additionally, they are focusing on new application areas, and collaborating with industry partners to develop new force sensor solutions. However, the market also faces certain restraints, such as pricing pressure and concerns over material stability.

Some Opportunities in the Markets Include:

Development of customized force sensor solutions to meet specific application needs

Expansion into new and emerging application areas, such as healthcare and industrial automation

Adoption of advanced technologies such as artificial intelligence and machine learning for magnetic field sensors data analysis and processing

Increasing focus on environmental sustainability and the development of eco-friendly magnetic sensor solutions

Collaboration with industry partners to develop new force sensor applications and expand market reach

Some Threats Restraining the Market Include:

Competition from established magnetic sensor manufacturers and new market entrants

Fluctuating demand for magnetic sensors in certain industries, such as consumer electronics

Dependence on certain end-use industries, such as automotive and industrial automation, for revenue growth

Technological advancements in alternative sensor technologies, such as optical and acoustic sensors. This could potentially replace magnetic field sensors in certain applications

Challenges associated with maintaining quality and reliability standards in magnetic sensor production. Particularly in high-volume manufacturing environments.

Key Takeaways

The widespread adoption of magnetic sensors in emerging navigational aids and presence detection (building automation-related applications).

Increasing usage in healthcare, and transportation sectors, among others, is changing the global magnetic sensors market.

Several end-user industries are beginning to adopt magnetic field sensors due to rising global demand for the Internet of Things (IoT). As well as the production of consumer electronics, electric and hybrid vehicles, and high-quality sensing devices.

The global market for magnetic sensors is being pushed forward by the rising demand for safety applications. This is caused by the rising popularity of robotics in factory automation because of Industry 4.0 policies. As the country’s services industry expands and the count of data centers and cloud service providers proliferates. It is predicted that there may be a greater need for these sensors in PDU.

Recent COVID-19 outbreaks, however, are having an impact on both demand and supply in the semiconductor industry. The semiconductor and electronics industries are dominated by Asia Pacific nations like China, Taiwan, and South Korea.

What are the Competitors in Magnetic Sensor Market Doing?

Infineon Technologies AG

Infineon Technologies AG bought Cypress Semiconductor Corporation in April 2020. A United States-based semiconductor design and manufacturing. To expand its power semiconductors, automotive microcontrollers, sensors, and security solutions portfolio. Furthermore, the company focuses on meeting the needs of ADAS/AD, IoT, and 5G mobile infrastructures.

Melexis

Melexis introduced a high-linearity, low-drift linear Hall sensor IC in March 2020. For safety-critical automotive torque-sensing applications including electric power-assisted steering (EPAS).

Allegro MicroSystems

Allegro MicroSystems, LLC launched the ATS19580, a fully integrated, back-biased GMR transmission speed and direction sensor, in February 2020. This sensor minimizes system size, complexity, and costs, which leads to better fuel economy.

[global-research-report]

Fiber Optics: The Backbone of Next-Generation Digital Infrastructure

Fiber Optics Industry Overview

The global fiber optics market size is expected to reach USD 14.93 billion by 2030 and exhibit a CAGR of 6.9% from 2023 to 2030, according to Grand View Research Inc. The growth is attributed to the rising government funding in developing secure infrastructures to avoid massacres. Rising terrorism is also appealing to government authorities and defense services of different countries to take initiatives and stringent steps and curb such occurrences. This has led to the evolution and adoption of several technological methods such as body cams, wearables, and other responders that keep the security personnel connected, irrespective of the user’s location and user fiber optics for communications.

The concept of IoE (Internet of Everything) is attracting the security sector, worldwide, owing to the increasing awareness of the effectiveness and efficiency of the technology that aids in curbing national issues such as riots, massacres, killings, and other criminal offenses. The need for high-speed internet, capable of efficiently transmitting data is anticipated to grow with the increasing demand for IoE. The growing demand for high-bandwidth communication is fueling the fiber optic market growth. For instance, In March 2020, CommScope, an U.S-based Communication device company, installed 1.5 million feet of copper and 227 miles of fiber cabling in Allegiant Stadium, in Las Vegas. This fiber optic cabling provides high bandwidth connectivity to hundreds of thousands of smartphones and tablets and supports 4K video streaming.

Gather more insights about the market drivers, restrains and growth of the Fiber Optics Market

The technological advancements in communication and data transmission services are projected to fuel the market for fiber optic technology in the coming years. It serves as a medium to cope with the increasing bandwidth requirements associated with network operators, broadband services, and broadband connection providers. The rising implementation of fiber optic components in trunk cable forms, distribution cables, standard patch cords, and high-density interconnect cables is expected to enhance the demand for fiber optics in the telecom sector. Moreover, the growing demand for 5G and data centers is projected to provide new opportunities to the fiber optic market over the forecast period.

Various companies are increasing fiber cable production to foster greater connectivity, stronger access, and superior speed, which leads to company growth. For instance, in December 2022, Deutsche Telekom, a German telecommunications company, announced a plan to significantly accelerate its fiber deployment by adding between 2.5 and 3 million connections by 2023. The company also intends to increase the number of fiber optic installers in the fiber production plant by 50%.

Furthermore, the high initial acquisition & installation costs are hindering the growth of this market. An optical fiber system is comprised of a variety of components such as optical cables, transmitters, receivers, and others. Installation of the entire system is a labor-intensive process, especially, the installation of the network, for underground and undersea connections, which is one of the costliest and most tedious procedures. Fiber optics, with its advancements, has overtaken copper-cable transmission. However, the installation process to deploy the optical networks, being an extremely high-cost part, is expected to hamper the market growth.

Browse through Grand View Research's Semiconductors Industry Research Reports.

The global photonic integrated circuit market size was valued at USD 14.08 billion in 2024 and is projected to grow at a CAGR of 10.8% from 2025 to 2030.

The global distributed temperature sensing market size was valued at USD 710.4 million in 2024 and is projected to grow at a CAGR of 8.4% from 2025 to 2030. 

Fiber Optics Market Segmentation

Grand View Research has segmented the global fiber optics market report based on type, application, and region:

Fiber Optics Type Outlook (Revenue, USD Million, 2017 - 2030)

Single mode

Multi-mode

Plastic Optical Fiber (POF)

Fiber Optics Application Outlook (Revenue, USD Million, 2017 - 2030)

Telecom

Oil & Gas

Military & Aerospace

BFSI

Medical

Railway

Others

Fiber Optics Regional Outlook (Revenue, USD Million, 2017 - 2030)

North America

US

Canada

Mexico

Europe

Germany

UK

France

Asia Pacific

China

Japan

India

South America

Brazil

Middle East and Africa

Key Companies profiled:

AFL

Birla Furukawa Fiber Optics Limited

Corning Incorporated

Finolex Cables Limited

Molex, LLC

OFS Fitel, LLC

Optical Cable Corporation (OCC)

Prysmian Group

Sterlite Technologies Limited

Yangtze Optical Fiber and Cable Joint Stock Limited Company (YOFC)

Order a free sample PDF of the Fiber Optics Market Intelligence Study, published by Grand View Research.

[iplook-networks]

SMS - Stiil A Key Player In 5G Era

As we enter the 2020s, the mobile messaging landscape has become more competitive than ever, with various channels vying for the attention of end-users, devices, and enterprises. Despite the growing competition, the SMS has not only maintained its relevance but continues to thrive and expand its influence. With a reach of over 5 billion mobile device users globally, SMS remains the primary communication channel for the rapidly increasing number of IoT devices, solidifying its role in the 5G era.

SMS and 5G: A Powerful Combination SMS is the only channel that can seamlessly connect over 5 billion mobile device users worldwide, making it an indispensable communication tool for enterprises and operators alike. As users transition to 5G networks and purchase new phones, maintaining uninterrupted access to person-to-person (P2P) SMS will be essential. The steady growth of application-to-person (A2P) messaging traffic indicates that enterprises are eager to harness the power of SMS for their digital transformation strategies.

Expanding Applications of SMSin the 5G Era Although SMS technology originated in the 2G era, it remains one of the most potent communication channels for businesses to connect with customers. Both mobile operators and enterprises must seize the growing opportunities presented by SMS as networks transition to 5G, as it has the potential to generate significant revenue. Supporting SMS technology in 5G networks also paves the way for new revenue streams from the IoT sector. In 5G networks, SMS can be delivered over IP connections on IP-SM-GWs or through SMSF (SMS on NAS) without requiring an IMS infrastructure. While both methods are vital in 5G networks, SMSF is particularly significant for many new IoT and machine-to-machine communication use cases across various industries.

SMS and the Growing IoT Market Currently, there are over 1.3 billion cellular IoT devices globally, with projections estimating a staggering 5 billion devices by 2025. Much of this growth is expected to stem from massive IoT deployments, where a considerable number of low-cost devices will require low power consumption. In these cases, latency, sensitivity, and throughput will be less important. Traditional features such as device triggering and SIM OTA will be indispensable in numerous IoT scenarios, and operators will rely on SMSF for SMS transmission in these instances.

SMS: A Continuing Legacy Whether it is to accommodate the ever-growing number of mobile users worldwide or to facilitate the evolving IoT ecosystem, the importance of SMS will only continue to rise. The universal coverage and reliability of SMS ensure its position as a channel that businesses will continue to leverage for customer interaction. As 5G deployment accelerates and the IoT market experiences explosive growth, SMS will undoubtedly play a pivotal role in shaping the future of mobile communication. 

Source: SMS - Stiil A Key Player In 5G Era

[industrynewsupdates]

5g Services Market: Key Players and Competitive Landscape

The global 5G services market size is estimated to reach USD 2,208.25 billion by 2030, registering a CAGR of 59.4% from 2023 to 2030, according to a new study by Grand View Research, Inc. 

The rapidly rising demand for ultra-reliable and low-latency data networks capable of providing enhanced mobile connectivity is estimated to boost the market growth over the forecast period. The potential adoption of 5G services for remote patient monitoring and remote surgery applications is also anticipated to propel market growth from 2022 to 2030. The 5G wireless technology is expected to completely transform the transportation and logistics industry by providing seamless Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) connectivity.

As such, the need to ensure strong, seamless, and uninterrupted connectivity with autonomous vehicles is estimated to drive the adoption of 5G services. Furthermore, robust deployment of 5G network infrastructure is estimated to improve the operational efficiencies in several IoT use cases, including smart homes, smart cities, and industry 4.0. Hence, the rising need for high bandwidth to provide reliable communication to IoT devices is expected to elevate the overall market growth over the forecast period. In some countries, such as the U.S., China, and Japan, the trend of monitoring energy systems of buildings remotely is rising gradually. This is expected to open new opportunities for rolling out 5G services over the forecast period.

Gather more insights about the market drivers, restrains and growth of the 5g Services Market

5G Services Market Report Highlights

• The enhanced Mobile Broadband (eMBB) communication type segment is anticipated to hold the largest market share by 2030.This growth is credited to the rising focus of key market players on rolling out high-speed and low-latency data networks for residential and commercial applications, such as video conferencing, virtual meeting, Virtual Reality (VR) & Augmented Reality (AR) gaming

• The consumer segment is expected to register the highest CAGR due to the increasing commercialization of the 5G services for consumer applications across various countries, including the U.S., China, Japan, Germany, and South Korea.

• The manufacturing segment is expected to register the fastest CAGR over the forecast period due to the growing need for seamless connectivity to drive industrial devices including robots and actuators

• The U.S. is anticipated to dominate the North America regional market from 2023 to 2030 owing to the rising demand for higher data speeds for several end-use applications including M2M communications, energy & utility management, and smart mobility management

• Market incumbents are focusing on mergers and acquisitions for delivering 5G services to strengthen their presence and expand their product portfolios

• However, due to the global COVID-19 pandemic, the governments across key countries have postponed the auction for 5G spectrums. This may hamper the market growth over the forecast period

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global IoT in utilities market size was estimated at USD 47.53 billion in 2023 and is expected to grow at a CAGR of 10.7% from 2024 to 2030.

• The global robotic platform market size was estimated at USD 9.97 billion in 2023 and is projected to grow at a CAGR of 5.9% from 2024 to 2030.

5G Services Market Segmentation

Grand View Research has segmented the global 5G services market on the basis of communication type, vertical, and region:

5G Services Communication Type Outlook (Revenue, USD Billion, 2020 - 2030)

• FWA

• eMBB

• uRLLC

• mMTC

5G Services Vertical Outlook (Revenue, USD Million, 2020 - 2030)

• Consumer

• Enterprises

o Manufacturing

o Public Safety

o Healthcare & Social Work

o Media & Entertainment

o Energy & Utility

o IT & Telecom

o Transportation & Logistics

o Aerosapce & Defense

o BFSI

o Government

o Retail

o Mining

o Oil & Gas

o Agriculture

o Construction

o Real Estate

5G Services Regional Outlook (Revenue, USD Billion, 2020 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

o Russia

o Italy

o Spain

• Asia Pacific

o China

o India

o Japan

o South Korea

• Latin America

o Brazil

o Mexico

• Middle East & Africa (MEA)

Order a free sample PDF of the 5g Services Market Intelligence Study, published by Grand View Research.

[globalindustrytrends]

Saudi Data Center Market Surges with a 9.7% CAGR – What’s Driving the Growth?

The Saudi Arabian data center server market is projected to earn $784.1 million in 2024 and grow to $1,368.0 million by 2030, with a CAGR of 9.7% from 2024 to 2030. This growth is primarily fueled by expanding global digital clouds, the rising integration of AI and machine learning, increasing digitalization, and the widespread adoption of 5G technology.

Technology and ICT advancements, especially affordable and faster internet, have boosted internet usage in Saudi Arabia. Digital payments and social media are also seeing higher adoption rates, reflecting a shift towards digital lifestyles.

The global data interconnection is further strengthened by numerous internet exchange points worldwide, which enhance data center connectivity. This interconnectedness highlights the critical role of data centers in daily life and the need for improved data security. Enhanced server technologies are being introduced to increase efficiency in data read and write processes.

According to Ericsson, the average mobile data traffic per smartphone in 2023 is 21 GB and is expected to reach 56 GB by 2029. Since the launch of 5G in Saudi Arabia in 2020, the number of cities and provinces with 5G has grown to 51, indicating a rapid adoption of this technology.

Key Insights

Rack Servers: Leading the market with a 45% share in 2024, rack servers are ideal for high-tech applications, featuring internal fans for better airflow and easy maintenance. They are compact, cost-effective, and suitable for small setups needing multiple servers.

Tower Servers: The tower category is the fastest-growing, with a projected CAGR of 10.0%. These servers offer cost-effective solutions for businesses of all sizes, with easy upgrades, fast cooling, and fewer overheating concerns.

BFSI Sector: This sector holds the largest share, at 35% in 2024. Its growth is supported by the increased use of cloud-based solutions, enhancing scalability and security, especially for managing sensitive financial data.

Healthcare Sector: With a CAGR of 10.3%, healthcare is the fastest-growing sector. The rise of wearables and smart devices has driven the demand for secure data storage solutions.

Regional Market: Riyadh leads with a 40% share of the data center server market, housing 14 of the country’s 24 data centers, while Dammam follows, supporting significant data infrastructure.

[market-insider]

5G In Healthcare Market Strategic Assessment: Market Size, Share, Growth Projections

The global 5G in healthcare market size is expected to reach USD 454.7 billion by 2030, expanding at a CAGR of 40.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The IoT ecosystem is developing and is expected to enable networks to connect billions of devices. The demand for a real-time network with faster internet access and greater bandwidth has been driven by the development of modern technologies such as artificial intelligence, wired, and wireless communications, and machine learning. Moreover, the market is driven by the increasing demand for wearable medical devices incorporated with 5G technology for real-time remote patient monitoring and the rising acceptance of robotic surgery and telehealth.

5G In Healthcare Market Report Highlights

Hardware segment held the largest revenue share of 70.1% in 2023. The growth is driven by the frequent need for device replacements or upgrades to leverage the latest technologies.

Services segment is anticipated to expand at the fastest CAGR during the forecast period. The growth is driven by the rising demand for enhanced connectivity for medical devices, faster and more reliable data transmission, and the improved mobile broadband and greater frequencies provided by 5G services.

Remote patient monitoring segment accounted for the largest revenue share of over 64.0% in 2023. The growth is driven by the rising geriatric population and increasing demand for remote health checkups.

Connected medical devices segment is expected to register the fastest growth rate from 2024 to 2030. The growth is attributed to increased demand for medical devices by consumers for daily health tracking, a rise in demand for telehealth devices, and the increasing trend of home healthcare.

Healthcare providers segment dominated the market with the largest revenue share in 2023. This growth is attributed to increasing demand for better technologies, the growing use of wearable medical devices with 5G technologies, growing patient volume, and increasing adoption of 5G-based solutions by hospitals and ambulatory care centers.

Healthcare payers segment is anticipated to expand at the fastest growth rate over the forecast period. Payers include both public and commercial insurance companies.

North America 5G in healthcare market dominated globally and accounted for the largest revenue share of 34.5% in 2023.

Asia Pacific 5G in healthcare market is expected to register the fastest growth rate over the forecast period. The growth is attributed to the significant adoption of advanced technologies, enhanced network connectivity, and increased government programs for raising awareness regarding telehealth and the penetration of 5G in the healthcare industry.

For More Details or Sample Copy please visit link @: 5G In Healthcare Market Report

The COVID-19 pandemic had a positive impact on the market owing to the adoption of telehealth and remote patient monitoring by medical professionals, medical institutions, and hospitals during the pandemic to monitor isolated COVID-19 patients and stop the further spread of the virus by monitoring patients through remote patient monitoring methods. Since the integration of several low-power devices is required for patient remote monitoring, 5G services can be effectively used to develop a proper remote monitoring infrastructure for patients. Furthermore, government bodies and hospitals made efforts to deploy 5G during the COVID-19 pandemic. For instance, in February 2020, the U.S. Veterans Affairs (VA) Healthcare System deployed 5G in the hospital to treat patients using remote patient monitoring and promote the use of telemedicine.

The key players are adopting strategies such as partnerships, mergers and acquisitions, product and service launches, agreements, joint ventures, collaborations, and expansion to strengthen their position in the market. In February 2020, China's first 5G-capable remote emergency rescue system was constructed by the Second Affiliated Hospital of Zhejiang University School of Medicine and China Mobile Zhejiang. This system consists of many supporting technologies, including VR immersive diagnosis and therapy, 5G-enabled remote ultrasonography, and a 5G-enabled emergency rescue command center.

List of Key Players of 5G In Healthcare Market

AT&T Inc.

Verizon

China Mobile International Limited

Quectel

Telit Cinterion

TELUS International

Huawei Technologies Co., Ltd.

Cisco Systems, Inc.

Orange

NEC Corporation

For Customized reports or Special Pricing please visit @: 5G In Healthcare Market Analysis Report

We have segmented global 5G in healthcare market report based on component, application, end-use, and region.

[yourepfan]

M&A in the Telecom Space USA, Mexico and Canada

United States

T-Mobile and Sprint: T-Mobile's merger with Sprint was finalized in 2020, creating a significant player in the 5G market. The integration is ongoing, with efforts to enhance network coverage and services.

Verizon and TracFone: Verizon acquired TracFone in 2020 to expand its prepaid wireless offerings. This deal aimed to broaden Verizon’s customer base and enhance its competitive edge.

Dish Network and Boost Mobile: Following the T-Mobile-Sprint merger, Dish Network acquired Boost Mobile. This move positioned Dish as a new entrant into the wireless market with plans for its 5G network.

AT&T and Discovery: Although not a traditional telecom merger, AT&T's spin-off of its WarnerMedia assets to form a new entity with Discovery, Inc. in 2022 shifted AT&T's focus back to its core telecommunications business.

Canada

Rogers and Shaw: Rogers Communications announced plans to acquire Shaw Communications in a deal valued at approximately CAD 26 billion, aimed at expanding its footprint in Western Canada. The acquisition faced regulatory scrutiny but was ultimately approved in 2023.

Telus and Shaw: Telus attempted to acquire Shaw but was unsuccessful due to Rogers' competing bid. This highlights the ongoing consolidation pressure in the Canadian telecom market.

Quebecor and Freedom Mobile: Quebecor announced its intention to acquire Freedom Mobile from Shaw as part of the Rogers-Shaw merger deal, which would strengthen its position in the wireless market.

Mexico

AT&T and Grupo Iusacell: AT&T’s acquisition of Iusacell in 2015 and Nextel Mexico helped establish its presence in the Mexican market, enhancing competition against América Móvil.

Televisa and Univision Merger: In 2021, Televisa and Univision merged to form TelevisaUnivision, impacting content distribution and streaming services in the region, indirectly affecting telecom partnerships.

América Móvil: América Móvil, owned by Carlos Slim, continues to expand its holdings in various countries, solidifying its position as a dominant player in the Mexican telecom market.

Trends

Regulatory Scrutiny: Mergers and acquisitions in all three countries are facing increased regulatory scrutiny, particularly concerning market competition and consumer impacts.

Focus on 5G and Infrastructure: Many of these deals aim to bolster 5G capabilities and enhance network infrastructure, reflecting the growing demand for faster and more reliable connectivity.

These developments illustrate the evolving landscape of the telecom industry in North America, driven by competition, technology advancements, and regulatory dynamics.

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[marketingreportz]

Low Loss Materials Market Forecast, 2024–2030

Low Loss Materials Market Overview:

Low Loss Materials Market size is estimated to reach $40million by 2030, growing at a CAGR of 14.5% during the forecast period 2024–2030. The market for Low Loss Materials is primarily driven by the increasing adoption of 5G technology is a key driver for the Low Loss Materials market. According to GSMA, 5G networks will cover one-third of the world population by 2025. This growth is also due to the increasing use of Internet of Things (IoT) and its potential in both commercial and industrial space. As 5G networks require advanced materials with minimal signal loss to support high-frequency communication, the demand for Low Loss Materials has surged.

Sample Report:

The increasing demand for Low Loss Materials is primarily attributed to the burgeoning market for high-frequency applications, including the Internet of Things (IoT) and wearables. As air traffic continues to grow, the aerospace industry is also contributing to the increased need for materials that exhibit low dielectric properties. The demand for low-loss materials in defense is driven by the need for efficient and high-performance electronic systems. These materials are crucial for developing advanced technologies such as radar systems, communication devices, and electronic warfare systems. The Department of Defense’s (DoD) budget authority for FY 2022 is approximately USD 722 billion, showing a USD 17 billion increase from the USD 705 billion allocated in 2020. This increment aligns with a broader trend of increasing defense budgets, as highlighted by the global context of military spending. The United States consistently leads in defense expenditure. Moreover, the escalating investments in the development of nanocellulose and other innovative materials play a pivotal role in meeting the rising demand for Low Loss Materials.

Low Loss Materials Market — Report Coverage:

The “Low Loss Materials Market Report — Forecast (2024–2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Low Loss Materials Market.

COVID-19 / Ukraine Crisis — Impact Analysis:

The Low Loss Materials industry, like many others, faced significant disruptions due to the global Covid-19 pandemic. Supply chain interruptions, workforce limitations, and economic uncertainties led to a temporary slowdown in production and distribution. However, the crisis also accelerated the industry’s focus on innovation and resilience. The increased demand for high-frequency applications, particularly in the 5G sector, persisted as remote work and digital connectivity became paramount.

Inquiry Before :

The Russia-Ukraine war has introduced significant challenges to the Low Loss Materials industry. With the global supply chain disruptions and geopolitical uncertainties stemming from the conflict, the supply of crucial raw materials and components for Low Loss Materials production is at risk. Fluctuations in commodity prices, potential trade restrictions, and disruptions in logistics pose obstacles to the seamless flow of materials essential for manufacturing.

Key Takeaways:

● North America to Register Highest Growth

Geographically, in the global Low Loss Materials Market, North America is estimated to grow with the highest CAGR of 16.2% during the forecast period 2024–2030.North America stands at the forefront of the Low Loss Materials industry, solidifying its position as the fastest growing market. The region’s dominance is underscored by a convergence of key factors, including technological advancements, robust research and development activities, and a burgeoning demand for high-performance materials. The polymer market, a significant component of the Low Loss Materials sector, has witnessed substantial growth in North America, contributing to the overall industry expansion. The region’s commitment to innovation, coupled with a mature and well-established manufacturing infrastructure, has fueled the adoption of cutting-edge low loss materials across diverse applications, ranging from telecommunications to aerospace. According to a GSMA study, the United Sates country had an 83% smartphone adoption rate in 2021, which is anticipated to climb to 85% in 2025. For fiscal year 2021, subscriber penetration was 85%. According to the report, the United States had 82% 4G penetration by 2021, compared to 15% and 3% for 3G and 2G, respectively. In terms of 5G adoption, the United States is a worldwide leader. By the end of 2025, the country is predicted to have a 5G adoption rate of 68%.

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● Polymers Segment to Register the Fastest Growth

In the Low Loss Materials Market analysis, the polymers segment is estimated to grow with the highest CAGR of 15.1% during the forecast period 2024–2030.In the Low Loss Materials industry, polymers emerge as the fastest-growing material type. This growth is attributed to several factors, including their versatility, lightweight nature, and diverse applications across various sectors. Polymers, which encompass a broad range of synthetic and natural compounds, have witnessed significant advancements in manufacturing processes, contributing to their widespread adoption. Products made from polymers find extensive use in everyday life, with applications ranging from textiles to packaging, highlighting their ubiquity and commercial importance. The evolution of traditional polymer materials, especially plastics, has been instrumental in shaping their environmental impact and sustainability. As the industry focuses on enhancing material performance and addressing environmental concerns, the adaptability and recyclability of polymers present challenges and opportunities for further innovation. The ascendancy of polymers in the Low Loss Materials sector underscores their pivotal role in shaping modern materials science and industry landscapes.

● Rising Demand from 5G Deployment is Propelling the Market Growth.

The burgeoning demand for 5G deployment stands as a pivotal market driver within the low-loss materials industry. With the rapid expansion of 5G networks globally, there arises an inherent need for materials that can ensure minimal signal loss and optimal efficiency in high-frequency applications. The push towards 5G technology, marked by its unprecedented speed and connectivity capabilities, necessitates the utilization of low-loss materials to mitigate the challenges posed by higher frequencies. As the telecommunications landscape evolves to embrace the transformative potential of 5G, the demand for advanced materials becomes paramount. Industries ranging from telecommunications to IoT and beyond are increasingly relying on low-loss materials to facilitate seamless and reliable communication at the elevated frequencies characteristic of 5G networks. This surge in demand not only underscores the critical role of low-loss materials in supporting the infrastructure of the future but also propels significant growth in the low-loss materials market.

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● High Production Costs Limiting the Market Growth.

The low loss materials industry grapples with a formidable challenge in the form of high production costs, significantly impacting its market dynamics. In the pursuit of developing materials with enhanced characteristics such as low signal loss, industries encounter substantial expenses in the manufacturing process. This cost burden is often attributed to the intricate technological processes involved in creating materials that meet the stringent requirements for high-frequency applications. The challenge is exacerbated by the need for specialized expertise and the utilization of advanced manufacturing techniques. These elevated production costs pose a dual dilemma for businesses operating in the low loss materials sector. On one hand, it restricts the scalability of these materials, limiting their accessibility to a broader market.

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[aishavass]

The increasing demand for Radio Access Network and growing implementation of Distributed Antenna systems will boost the demand for global 5G infrastructure...

[digitrenndsamr]

Research Report on Power Management Integrated Circuits Market to Discover Industrial Insights

Allied Market Research, titled, “Power Management Integrated Circuits Market by Product Type and End Use: Opportunity Analysis and Industry Forecast, 2020–2027” the global power management integrated circuits market size was valued at $33.96 billion in 2019, and is projected to reach at $51.04 billion by 2027, growing at a CAGR of 5.3% from 2019 to 2027. Asia-Pacific is expected to be the leading contributor to the global power management integrated circuits market, followed by North America and Europe.

Power management ICs are highly integrated power management solutions used for a wide range of battery-operated electronic devices. PMICs are extensively used to fulfill power requirements in various applications such as consumer electronics, automobile, telecom & networking, and in the industrial sector. The global PMICs market is estimated to witness significant growth during the forecast period. 

The growth is primarily due to rise in production of automobile & battery supported portable electronic devices, increase in emphasis over performance efficiency, and surge in concerns associated with the costs incurred for power management solutions. The demand for battery-supported devices such as smart phones is expected to register a noticeable increase in future majorly from Asia-Pacific countries such as India and China.

Growth in emphasis on industries such as consumer electronics inclusive of semiconductor manufacturing, telecommunication & networking, and automotive are expected to boost the growth of PMICs. However, factors such as increase in complexity in designing and developing PMIC architecture and uncertainty in the economic stability of the market are likely to limit the power management integrated circuits market growth.

Voltage regulators are primarily used in electronics devices to maintain a constant output level of voltage despite fluctuations in input supply or current. Voltage regulators are used in various application areas such as automation, data processing, and lighting. Furthermore, these devices are very crucial in power supply systems. Voltage regulators are followed by integrated ASSP power management; it is a semiconductor-embedded device designed for application specific functioning. Integrated ASSP PMICs captured the second largest market share in 2019.

Region wise, the power management integrated circuits market trends have been analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounted for a major share of the global market in 2019, and is expected to dominate the market in terms of revenue during the forecast period, owing to increase in consumer electronics production, technological advancements, and rise in demand for automobile. North America holds the second largest share in the global power management integrated circuits industry, and is expected to witness significant growth during the forecast period, which is primarily driven by the application of PMICs across industries such as automotive and transportation, electronic durables, and industrial sectors. 

Covid-19 Impact Analysis

The ongoing COVID-19 pandemic has abruptly re-shaped the global economy. Sudden decline in infrastructure development and installation projects is expected to hamper the power management integrated circuits market for automotive and industrial and energy & power industry verticals. 

The global economy has experienced surge in demand for cloud/datacenter services and cloud infrastructure to support distributed workforce. Growing adoption of 5G networking by corporate individuals due to growing online presence has been placed as a national priority and is opportunistic for the market. Moreover, the demand from the telecom and networking segment is expected to increase due to factors such as increased broadband usage, higher demand for cloud services, and video streaming. In addition, in the medium to long term, COVID-19 is expected to further push up the need for digital transformation, technologies such as 5G, the IoT, AI, and intelligent edge computing for future optimization.

Key Findings of The Study

In 2019, the voltage regulators segment dominated the global PMIC market, accounting for around 27.00% revenue share.

The automotive/transportation segment is expected to dominate the global market throughout the forecast period.

Asia-Pacific dominated the global power management integrated circuits market in 2019, with China being the market leader.

The key players profiled in the report include Texas Instruments Inc., ON Semiconductor Corp., Analog Devices Inc., Dialog Semiconductor PLC, Maxim Integrated Products Inc., NXP Semiconductors, Infineon Technologies AG, Mitsubishi Group, Renesas Electronics Corporation, and STMicroelectronics N.V. Market players have adopted various strategies such as product launch, collaboration & partnership, joint venture, and acquisition to expand their power management integrated circuits market share.

[tamanna31]

Student Information System: Industry Dynamics, Major Companies Analysis and Forecast- 2030

Student Information System Industry Overview

The global student information system market size was valued at USD 8.05 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 20.3% from 2023 to 2030.

The increasing digitalization in the education industry, growing inclination towards e-learning, and improving quality of education are contributing to the growth. The outbreak of the COVID-19 pandemic is expected to drive the demand for Student Information System (SIS) due to the high demand for online education. As per the data published by UNESCO, 1.3 billion learners globally were unable to go to their educational institutes in March 2021 and needed online education to continue with the tuition for the academic year 2020 - 2021. The adoption of eLearning technologies gained traction during the COVID-19 outbreak and is expected to progressively increase post the pandemic to tackle a similar situation in the future.

Gather more insights about the market drivers, restrains and growth of the Student Information System Market

The market growth is also bolstered by the emergence of the Internet of Things (IoT), edge computing, and 5G telecommunication. The advanced student information systems essentially focus on analytics, mobile analytics, mobile applications, behavior tracking, and cloud accessibility. The explosion of connected mobile devices is facilitating the addition of numerous mobile apps for increased convenience for students and their parents. The ongoing trends like migration to the cloud and mobile accessibility are fostering the integration of artificial intelligence into these applications. Moreover, the growing emphasis of educational institutions on providing quality education and simplifying communication between faculty, students, and parents, for upgrading education infrastructure is expected to proliferate the use of SIS software and services.

Governments worldwide are investing aggressively in the education sector. Several educational institutions have already adopted Enterprise Resource Planning (ERP), eLearning, and Learning Management Systems (LMS), to optimize internal processes while ensuring quality education, and improving the standard of education. Some are adopting SIS to effectively collaborate and communicate with students, parents, and faculties, to keep track of all the students, and to enable educators to generate educational content in line with the student's learning needs. For instance, in July 2021, Ellucian, an information technology service provider, announced the collaboration with The British and Irish Modern Music Institute (BIMM) Group, to utilize Ellucian Banner Student with Ellucian Managed Cloud, which is a student information system to support registration, advising, grading, enrolment, and course planning.

Several educational institutions/universities use student information solutions to analyze data such as student attendance, class performance, examination results, assessment scores, and other personal information of students. These solutions aid educational institutions in managing student-related data and other administrative operations. In the age of digitalization, the ubiquity of mobile devices, high internet penetration, and the use of social media platforms, make educational institutions also rise to the occasion. The unprecedented growth of online education is due to its greater flexibility, cost savings, and convenience compared to conventional classroom learning. For instance, in July 2021, Skyward, a school management software provider, announced the partnership with Tooele County School District, Utah, U.S., to provide a Student Management System (SMS) that will assist in the modernization of the district’s student-related data and activities.

The development of Artificial Intelligence (AI) and big data analytics embedded in the student information systems further increases operational efficiency and improves the digital experience. Moreover, student information system solutions use Robotic Process Automation (RPA) or machine learning, which can reduce redundant staff labor by automating routine tasks, enabling staff to spend more qualitative time with students. With the growing penetration of mobile devices across demography, mobile apps are now being added to student information system solutions and increase the ease of use for both students and parents. With mobile accessibility and cloud migration, the integration of AI into student information system applications is likely to increase, fostering the growth of the student information market over the forecast period.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global climate adaptation market size was estimated at USD 25.45 billion in 2023 and is projected to grow at a CAGR of 10.5% from 2024 to 2030.

• The global AI in aerospace and defense market size was valued at USD 22.45 billion in 2023 and is projected to grow at a CAGR of 9.8% from 2024 to 2030.

Key Companies & Market Share Insights

The leading players in the market are undertaking strategies such as product developments, mergers and acquisitions, strategic partnerships, and business expansions to maintain their stronghold on the market.

For instance, in November 2021, Campus Management Corp. (Anthology Inc.) announced a partnership with Together We Rise, a nonprofit organization, to provide service opportunities for Anthology employees and monetary support for Together We Rise initiatives. This partnership includes virtual service opportunities for Anthology employees to build education-related kits for students in foster care, including back-to-school, tech, and STEM packs. Additionally, product differentiation and upgrading in the form of cloud services are expected to pave the way for the growth of companies in the market.

In December 2021, Illuminate Education announced the partnership with the Association of Supervision and Curriculum Development (ASCD), to expand its CaseNEX (an online course powered by Illuminate Education) professional development course offerings with resources from ASCD, such as the ASCD Activate Professional Learning Library. With the help of this partnership, CaseNEX offers professional development opportunities for educators to enhance their skills, maintain certifications, and earn university credits.

Oracle

Workday, Inc.

SAP SE

Jenzabar, Inc.

Skyward, Inc.

Illuminate Education.

Ellucian Company L.P.

Anthology Inc.

Foradian Technologies.

Beehively

Order a free sample PDF of the Student Information System Market Intelligence Study, published by Grand View Research.

[riya-k]

The Future of Urban Living: Unleashing the Power of Smart Cities

In our increasingly interconnected world, the concept of Smart Cities is revolutionizing urban development. These innovative cities leverage technology, data, and cutting-edge infrastructure to improve residents' quality of life while tackling challenges like rapid urbanization, climate change, and efficient resource management. This growing trend is transforming cities globally, offering new opportunities for businesses, governments, and citizens alike.

What Are Smart Cities?

Smart cities harness technology and data analytics to optimize various urban functions, from traffic management to energy distribution. The core aim is to create cities that are more efficient, sustainable, and responsive to citizens' needs. Key technologies driving smart cities include the Internet of Things (IoT), artificial intelligence (AI), 5G networks, and advanced data analytics.

At the center of a smart city is the ability to collect real-time data via sensors and devices embedded in infrastructure like roads, buildings, and utilities. This data is then analyzed to enhance decision-making, automate processes, and improve the urban experience. For example, smart traffic lights can adjust their timing based on current traffic conditions, reducing congestion and improving air quality.

The Growing Global Market for Smart Cities

The smart cities market has seen rapid expansion, fueled by urbanization, technological advancements, and the growing demand for sustainable living solutions. According to a report by Grand View Research, the global smart cities market was valued at USD 1.56 trillion in 2020, with an expected compound annual growth rate (CAGR) of 29.3% from 2021 to 2028.

Several factors drive this growth:

Urbanization: By 2050, 68% of the global population is expected to live in urban areas, up from 55% in 2018. This rapid urbanization places enormous pressure on infrastructure and services, necessitating smart solutions to make cities more livable and efficient.

Sustainability: With climate change and environmental concerns at the forefront, cities are adopting greener practices. Smart cities focus on sustainability by implementing energy-efficient technologies, reducing waste, and promoting renewable energy use. The smart energy management sector, in particular, is poised for significant growth as cities strive to lower carbon emissions and enhance energy security.

Technological Advancements: The emergence of 5G networks, IoT devices, and AI has made cities smarter. These technologies enable real-time data collection and analysis, leading to more effective urban planning and management. As smart infrastructure—such as connected buildings and intelligent transportation systems—becomes more widespread, the demand for innovative solutions continues to rise.

Government Initiatives: Governments around the world are investing in smart city projects. For example, the European Union’s Horizon 2020 program funds smart city initiatives across Europe. Similarly, China is heavily investing in smart city development as part of its broader urbanization strategy.

Key Components of Smart Cities

Smart cities integrate a variety of sectors, each playing a role in enhancing urban functionality and livability. Essential elements include:

Smart Transportation: Urban mobility is crucial, and smart cities are revolutionizing transportation systems to be more efficient and sustainable. Innovations like autonomous vehicles, ride-sharing platforms, intelligent traffic management systems, and smart parking solutions reduce congestion, lower emissions, and make commuting more convenient.

Smart Energy: Smart cities aim to optimize energy use and encourage renewable energy adoption. A key feature is the smart grid, which uses real-time data to manage energy distribution more effectively. These grids enable better integration of renewable energy sources, reducing reliance on fossil fuels. Additionally, smart meters help consumers monitor and manage their energy usage more efficiently.

Smart Buildings: Buildings in smart cities are designed for energy efficiency and environmental friendliness. Technologies like automated lighting, heating, and cooling systems, along with advanced security features, reduce energy consumption while improving residents' comfort and safety.

Smart Waste Management: Managing urban waste is a significant challenge, but smart cities are using innovative solutions to address it. For example, smart waste bins with sensors monitor fill levels and send alerts when they need to be emptied, optimizing collection routes and cutting costs. Smart recycling systems also improve sorting and processing, increasing recycling rates and minimizing landfill use.

Smart Water Management: Water is a crucial resource, and smart cities are finding ways to manage it more effectively. Smart water management systems use sensors to monitor water quality and consumption in real-time, helping cities detect leaks, reduce waste, and ensure a reliable water supply. These systems also support sustainable practices like rainwater harvesting and greywater recycling.

Smart Healthcare: Healthcare is vital to urban life, and smart cities are leveraging technology to improve healthcare services. Innovations like telemedicine, wearable health devices, and AI-powered diagnostics make healthcare more accessible and efficient, especially in densely populated areas.

Smart Governance: Smart cities prioritize effective governance by using technology to enhance communication between citizens and government agencies. Digital platforms allow residents to report issues, access services, and participate in decision-making. This transparency and inclusivity build trust between citizens and their governments.

Challenges on the Path to Smart Cities

Despite the exciting prospects that smart cities offer, several challenges must be addressed to unlock their full potential:

Data Privacy and Security: As cities collect vast amounts of data from sensors, devices, and citizens, privacy and security concerns emerge. Protecting this data from cyber threats and misuse is a critical challenge for smart cities. Strong cybersecurity measures and data protection policies are essential, requiring collaboration between governments and businesses.

Infrastructure Investment: Building a smart city requires substantial investment in infrastructure, including high-speed internet, IoT devices, and smart grids. Many cities, especially in developing regions, face budget constraints that limit their ability to invest in these technologies. Public-private partnerships (PPPs) are often necessary to fund smart city initiatives, but coordinating these efforts can be complex.

Interoperability: The diverse technologies that make up smart cities come from different vendors and operate on different platforms. Ensuring seamless communication and integration between these systems is crucial for the success of smart city projects. Standardization and open data platforms can help overcome this challenge.

Social Inclusion: As cities become smarter, there's a risk that some segments of the population may be left behind. For example, low-income communities may lack access to the latest technologies, exacerbating existing inequalities. Smart cities must prioritize inclusivity to ensure that all residents benefit from technological advancements.

Sustainability vs. Profitability: Balancing sustainability goals with profitability is another challenge for smart cities. While smart technologies can reduce costs in the long term, the initial investment can be substantial. Additionally, conflicts may arise between stakeholders if some prioritize profits over sustainability.

The Future of Smart Cities: Trends and Predictions

As the smart cities market continues to grow, several key trends are likely to shape the future of urban living:

AI-Driven Urban Environments: Artificial intelligence will increasingly play a pivotal role in smart city development. AI-powered analytics can help cities anticipate and address challenges like traffic congestion, energy demand, and natural disasters. Additionally, AI-driven automation will streamline city operations, making urban environments more efficient and sustainable.

Decentralized Energy Systems: As renewable energy becomes more common, cities will shift toward decentralized energy grids that offer greater flexibility and resilience. These grids will enable communities to generate and store their own energy, reducing reliance on centralized power plants and enhancing energy security.

5G and Beyond: The deployment of 5G networks will allow faster and more reliable communication between devices, making smart cities more interconnected than ever. Future wireless technologies beyond 5G will further expand the capabilities of smart city infrastructure, supporting innovations like autonomous vehicles and advanced healthcare systems.

Climate-Resilient Urban Planning: Climate change will continue to be a major driver of smart city development. Cities will invest in climate-resilient infrastructure, such as flood-proof buildings and drought-resistant water systems, to protect against extreme weather events. Smart technologies will also play a key role in reducing greenhouse gas emissions and promoting sustainable practices.

Citizen-Centered Urban Design: As smart cities evolve, there will be a greater focus on citizen-centric design. This approach prioritizes residents' needs and preferences, ensuring that smart city solutions are tailored to improve their quality of life. Engaging citizens in the planning and decision-making process will be critical for the success of smart city initiatives.

Conclusion

The rise of smart cities represents a dynamic and rapidly evolving sector with the potential to transform urban living globally. By embracing advanced technologies, smart cities can address challenges like urbanization, sustainability, and resource management while improving residents' quality of life. However, realizing this vision requires tackling challenges related to data privacy, infrastructure investment, and social inclusion. As cities worldwide continue to adopt smart technologies, the future of urban living looks increasingly bright, connected, and sustainable.

[robertemma27-blog]

Smart Card Market : Analysis of Upcoming Trends and Current Growth

The Smart card market size is projected to reach USD 16.9 billion by 2026, from USD 13.9 billion in 2021; growing at a compound annual growth rate (CAGR) of 4.0% during the forecast period.

Major drivers for the growth of the smart card market are surged demand for contactless card (tap-and-pay) payments amid COVID-19, proliferation of smart cards in healthcare, transportation, and BFSI verticals; increased penetration of smart cards in access control and personal identification applications; and easy access to e-government services and risen demand for online shopping and banking.

Download PDF: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=285

By Vertical segment, the smart card market share for telecommunications segment held the largest share of the market A subscriber identity module (SIM) card is a type of microcontroller-based smart card used in mobile phones and other devices. A SIM identifies and authenticates a subscriber to a wireless cell phone network. The telecommunications segment accounted for the maximum share of 42% of the smart card market in 2020. Expanding global mobile network and improvements in its infrastructure are boosting the growth of the market. In addition, COVID-19 led to an increased demand for connectivity. The current crisis provided a push to the trend of digitalization of business and private communication with cellular technology, along with the generalization of digital conferences. Moreover, the penetration of high-end SIM card technologies, such as LTE, 5G, M2M, eSIM, and SWP, is expected to augment the market growth in the coming years.

By Interface, contactless segment of smart card market is projected to account for largest size of the market during the forecast period A contactless smart card includes an embedded smart card secure microcontroller or equivalent intelligence, internal memory, and a small antenna; it communicates with readers through a contactless radio frequency (RF) interface. Radio-frequency identification (RFID) or near-field communication (NFC) communication technologies are primarily used for contactless smart card applications. COVID-19 is positively impacting the contactless smart card industry growth as the World Health Organization (WHO) and governments across the world are advocating the use of contactless smart cards for various purposes to ensure social distancing to contain the spread of the virus. Contactless smart cards provide ease, speed, and convenience to users. The contactless interface has become highly relevant in the current COVID-19 situation, especially for payment applications, as it facilitates safe and secure transactions without physical contact.

By Region, smart card market in APAC estimated to account for the largest size of the market. Smart card market statistics in Asia Pacific (APAC) is the largest market during forecast period. The robust financial system that is being increasingly digitized and government agencies incorporating smart chip-based systems for better monitoring of processes are propelling several APAC countries to adopt smart card solutions owing to increasing demand, specifically in the transportation, BFSI, retail, government, and healthcare sectors. Smart cards are used to purchase tickets in metros, buses, and ferries, among others, in several countries in APAC. China is projected to witness the highest demand for smart cards in the region owing to a large consumer base and the presence of a number of smart card manufacturers.

Properly implemented smart cards in all sectors have proven highly effective in combating thefts and fraud. Government projects, such as the Aadhar card in India, drive the demand for smart cards for use in a number of sectors. Moreover, security concerns, particularly within the public sphere, are also expected to fuel the growth of the market in APAC.

Top Smart Card Companies - Key Market Players Thales Group (France), IDEMIA (France), Giesecke + Devrient GmBH (Germany), CPI Card Group (US), HID Global Corporation (US), Watchdata (China), Eastcompeace (China), Inteligensa (US), ABCorp (US), and CardLogix (US) are a few major smart card companies in the market.