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Smartphone Market Trends, Analysis, and Outlook
Introduction:
The smartphone market is a dynamic and ever-evolving industry that plays a pivotal role in shaping the global technological landscape. As of the latest available data in 2023, the smartphone market size reached an impressive $522 billion, reflecting a steady growth trajectory. In this article, we will delve into the key trends, analysis, and outlook for the smartphone market, exploring the market share, growth, and revenue that define the industry.
Smartphone Market Size and Share:
The smartphone market has witnessed robust expansion, with the global market size surging to new heights. According to the latest statistics, the smartphone market is anticipated to exceed 1.5 billion units in sales by the end of 2023. This surge is fueled by the increasing demand for advanced features, enhanced connectivity, and the integration of cutting-edge technologies.
In terms of market share, industry leaders continue to dominate, with companies like Apple, Samsung, and Huawei maintaining a significant presence. As of the latest available data, Apple held a remarkable 23% of the global market share, closely followed by Samsung with 20%, showcasing the fierce competition among top players.
Smartphone Market Growth and Revenue:
The growth of smartphone market is not only reflected in the increasing unit sales but also in the revenue generated by industry players. The global smartphone market revenue witnessed a 9% year-on-year growth, reaching an unprecedented $522 billion in 2023. This growth can be attributed to factors such as the introduction of 5G technology, rising consumer disposable income, and a continuous influx of innovative features and designs.
The integration of 5G technology has been a game-changer, driving higher demand for smartphones with enhanced connectivity and faster data speeds. This technological shift has not only fueled market growth but has also opened new opportunities for manufacturers and service providers to capitalize on the evolving needs of consumers.
Smartphone Market Trends:
Several trends are shaping the smartphone market, influencing consumer preferences and industry dynamics. One notable trend is the increasing focus on sustainability and eco-friendly practices. Consumers are becoming more conscious of the environmental impact of electronic devices, prompting smartphone manufacturers to adopt eco-friendly materials, reduce packaging waste, and implement recycling programs.
Another prominent trend is the continuous evolution of camera technology. Smartphone manufacturers are investing heavily in improving camera capabilities, including advanced sensors, artificial intelligence (AI) enhancements, and innovative shooting modes. The emphasis on camera technology reflects the growing importance of photography and videography in the smartphone user experience.
Smartphone Market Analysis:
A comprehensive analysis of the smartphone market reveals the importance of adapting to changing consumer behaviors and technological advancements. The rise of affordable and feature-rich smartphones in emerging markets is a significant factor driving global sales. Additionally, the shift towards online sales channels, coupled with aggressive marketing strategies, is reshaping the retail landscape for smartphones.
The increasing prevalence of subscription-based models and finance options is another aspect of the market analysis. Smartphone manufacturers are providing consumers with flexible payment plans and trade-in programs, making high-end devices more accessible and affordable.
Smartphone Industry Top Players:
The competition among top players in the smartphone industry remains intense. Apple, known for its premium devices and ecosystem, continues to capture a substantial market share. Samsung, a key player with a diverse product portfolio, remains a strong contender. Huawei, despite facing challenges, maintains a significant presence, especially in the Asian market.
Other notable players in the smartphone industry include Xiaomi, Oppo, and Vivo, which have gained popularity for offering feature-rich devices at competitive price points. The industry's dynamism is characterized by continuous innovation, strategic partnerships, and a focus on meeting the diverse needs of global consumers.
Smartphone Market Outlook:
Looking ahead, the smartphone market is poised for continued growth and innovation. The deployment of 6G technology is on the horizon, promising even faster data speeds and more advanced connectivity. Furthermore, the integration of augmented reality (AR) and virtual reality (VR) features is expected to redefine the smartphone user experience.
As the smartphone market evolves, manufacturers must stay attuned to consumer preferences, environmental concerns, and technological advancements. The industry's ability to navigate these dynamics will determine its resilience and competitiveness in the years to come.
Conclusion:
In conclusion, the smartphone industry is a dynamic and thriving industry, with a global market size surpassing $522 billion in 2023. The interplay of market share, growth, revenue, trends, analysis, and the top players underscores the complexity and competitiveness of the sector. As the industry continues to evolve, it is crucial for stakeholders to adapt to emerging trends, leverage innovative technologies, and prioritize sustainability to ensure sustained success in this ever-changing landscape.
#market research#business#ken research#market analysis#market report#market research report#smartphone market forecast#smartphone market growth#smartphone market revenue#smartphone market share#smartphone market size#smartphone market trends
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The Role of E-Commerce in the Growth of the Used and Refurbished Smartphone Market
The shipment volume of the Used and Refurbished Smartphone Market is projected to increase from 349.40 million units in 2024 to 504.10 million units by 2029, achieving a compound annual growth rate (CAGR) of 7.61% during the forecast period from 2024 to 2029.
Market Overview: The Role of E-Commerce in the Growth of the Used and Refurbished Smartphone Market
The used and refurbished smartphone market has experienced remarkable growth in recent years, significantly influenced by the rise of e-commerce platforms. As consumers increasingly seek cost-effective and sustainable alternatives to new devices, e-commerce has become a crucial channel for buying and selling used and refurbished smartphones.
Key Drivers:
Increased Online Shopping Adoption: The shift towards online shopping has accelerated, especially post-pandemic. Consumers are increasingly comfortable purchasing electronics online, driving the demand for used and refurbished smartphones on e-commerce platforms.
Convenience and Accessibility: E-commerce offers unparalleled convenience, allowing consumers to browse and purchase smartphones from the comfort of their homes. With just a few clicks, buyers can access a wide range of options, including different brands, models, and conditions, making the purchasing process more efficient.
Competitive Pricing: E-commerce platforms often provide competitive pricing for used and refurbished smartphones, appealing to budget-conscious consumers. Many online retailers and marketplaces offer attractive deals, discounts, and warranties, making it easier for buyers to choose refurbished options over new devices.
Growing Consumer Awareness: As consumers become more aware of the environmental impact of electronic waste, there is a growing interest in sustainable purchasing options. E-commerce platforms that emphasize eco-friendly practices and offer refurbished smartphones as a sustainable choice are gaining traction.
Trends and Opportunities:
Rise of Dedicated Marketplaces: Specialized e-commerce platforms focused solely on used and refurbished electronics are emerging. These platforms often provide detailed product descriptions, user reviews, and return policies, enhancing consumer trust and encouraging purchases.
Enhanced Trust and Security: E-commerce platforms are implementing measures to enhance trust, such as certification processes for refurbished smartphones and secure payment options. These initiatives are crucial in mitigating concerns about quality and reliability, which can deter consumers from purchasing used devices.
Mobile Commerce Growth: With the increasing use of smartphones for online shopping, mobile commerce is becoming a significant driver of sales in the used and refurbished smartphone market. E-commerce platforms are optimizing their websites and apps for mobile users, further facilitating easy access to refurbished devices.
Social Commerce Integration: The integration of social media and e-commerce is creating new avenues for selling used smartphones. Social platforms are becoming popular channels for peer-to-peer sales, allowing individuals to buy and sell devices directly, often at competitive prices.
Challenges:
Quality Assurance Concerns: One of the main challenges in the used and refurbished smartphone market is ensuring product quality. Consumers often worry about the condition and functionality of used devices, which can impact their willingness to purchase online.
Market Competition: The growing popularity of used and refurbished smartphones has led to increased competition among e-commerce platforms and traditional retailers. Maintaining competitive pricing and inventory while ensuring quality can be challenging.
Future Outlook:
The future of the used and refurbished smartphone market is closely tied to the continued growth of e-commerce. As online shopping becomes even more prevalent, e-commerce platforms will play a pivotal role in shaping consumer behavior and driving sales in this sector. Innovations in technology, enhanced consumer trust, and the focus on sustainability will further propel the market forward.
In conclusion, e-commerce is a key enabler of growth in the used and refurbished smartphone market, providing consumers with access to a diverse range of options and fostering a culture of sustainable consumption. As the market evolves, both online retailers and consumers will benefit from the opportunities presented by this dynamic landscape.
For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/used-and-refurbished-smartphone-market
#used and refurbished smartphone market report#used and refurbished smartphone market growth#used and refurbished smartphone market forecast#used and refurbished smartphone market trends#used and refurbished smartphone market analysis#used and refurbished smartphone market size#used and refurbished smartphone market share
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Ultra-Thin Glass Market Is Estimated To Witness High Growth Owing To Increasing Demand for Lightweight and Flexible Displays
The global Ultra-Thin Glass Market is estimated to be valued at US$ 11.66 billion in 2022 and is expected to exhibit a CAGR of 7.2% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Ultra-thin glass is a specialty glass with thickness ranging from 0.1mm to 0.5mm. It is widely used in various industries such as electronics, automotive, and solar panels. The key advantage of ultra-thin glass is its lightweight and flexibility, which makes it suitable for applications such as displays, touchscreens, and solar cells. The growing demand for lightweight and flexible displays in smartphones, tablets, and wearable devices is driving the market growth. Ultra-thin glass offers several advantages over traditional glass, including improved optical properties, durability, and enhanced performance. Market Key Trends: One key trend in the ultra-thin glass market is the increasing adoption of foldable smartphones and wearable devices. Foldable smartphones require flexible and durable displays, which can be achieved using ultra-thin glass. Companies like Samsung and Huawei have already launched foldable smartphones with ultra-thin glass displays. This trend is expected to drive the demand for ultra-thin glass in the coming years. For example, Corning Inc., one of the key players in the ultra-thin glass market, has developed a flexible glass called Willow Glass, which is used in the manufacturing of foldable smartphones and wearable devices. This ultra-thin glass offers superior flexibility and durability, making it suitable for curved displays. PEST Analysis: - Political: The political stability of a country can affect the manufacturing and export of ultra-thin glass. Government regulations related to environmental protection and trade policies can also impact the market. - Economic: The economic growth of a country influences consumer spending on electronic devices, which drives the demand for ultra-thin glass. - Social: Changing consumer preferences towards lightweight and flexible devices, as well as the increasing adoption of smart devices, are key social factors driving market growth. - Technological: Advancements in glass manufacturing technologies, such as float glass and fusion draw processes, have enabled the production of ultra-thin glass with enhanced properties. Key Takeaways: - The Global Ultra-Thin Glass Market Size is expected to witness high growth, exhibiting a CAGR of 7.2% over the forecast period, due to the increasing demand for lightweight and flexible displays. The growing adoption of foldable smartphones and wearable devices is driving the market growth. - Asia Pacific is expected to be the fastest-growing and dominating region in the ultra-thin glass market. The region is witnessing significant growth in the electronics industry, especially in countries like China, Japan, and South Korea. - Key players operating in the global ultra-thin glass market include Corning Inc., AGC Inc., Schott AG, Nippon Electric Glass Co., Ltd., Central Glass Co., Ltd., Xinyi Glass Holdings Limited, AIR-CRAFTGLASS, NOVALGLASS, and Taiwan Glass Group. These companies are focusing on product innovation and partnerships to expand their market presence.
#Ultra-Thin Glass Market#Ultra-Thin Glass Market Outlook#Ultra-Thin Glass Market Forecast#Ultra-Thin Glass Market Analysis#Ultra-Thin Glass Value#Ultra-Thin Glass#display devices#smartphones#tablets#televisions#plastic substrates#Coherent Market Insights
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The Business Research Company offers smartphone processor market research report 2023 with industry size, share, segments and market growth
#smartphone processor market growth#smartphone processor market analysis#smartphone processor market share#smartphone processor market report#smartphone processor market segments#smartphone processor market size#smartphone processor market research#smartphone processor market forecast#smartphone processor market trends#global smartphone processor market
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[TIME is US Media]
U.S. and European officials are growing increasingly concerned about China’s accelerated push into the production of older-generation semiconductors and are debating new strategies to contain the country’s expansion. President Joe Biden implemented broad controls over China’s ability to secure the kind of advanced chips that power artificial-intelligence models and military applications. But Beijing responded by pouring billions into factories for the so-called legacy chips that haven’t been banned. Such chips are still essential throughout the global economy, critical components for everything from smartphones and electric vehicles to military hardware.
That’s sparked fresh fears about China’s potential influence and triggered talks of further reining in the Asian nation, according to people familiar with the matter, who asked not to be identified because the deliberations are private. The U.S. is determined to prevent chips from becoming a point of leverage for China, the people said.
Commerce Secretary Gina Raimondo alluded to the problem during a panel discussion last week at the American Enterprise Institute. “The amount of money that China is pouring into subsidizing what will be an excess capacity of mature chips and legacy chips—that’s a problem that we need to be thinking about and working with our allies to get ahead of,” she said.[...]
Legacy chips are typically considered those made with 28-nm equipment or above, technology introduced more than a decade ago. Senior E.U. and U.S. officials are concerned about Beijing’s drive to dominate this market for both economic and security reasons, the people said. They worry Chinese companies could dump their legacy chips on global markets in the future, driving foreign rivals out of business like in the solar industry, they said.[...]
domestic producers may be reluctant to invest in facilities that will have to compete with heavily subsidized Chinese plants. [...]
“The United States and its partners should be on guard to mitigate nonmarket behavior by China’s emerging semiconductor firms,”
While the U.S. rules introduced last October slowed down China’s development of advanced chipmaking capabilities, they left largely untouched [sic] the country’s ability to use techniques older than 14-nanometers. That has led Chinese firms to construct new plants faster than anywhere else in the world. They are forecast to build 26 fabs through 2026 that use 200-millimeter and 300-mm wafers, according to the trade group SEMI. That compares with 16 fabs for the Americas.
So what's the problem? is it that you suck at manufacturing & want more neoliberalism? That's what it seems like to me [31 Jul 23]
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Top ERP Software Trends in 2024 – What to Expect
The Enterprise Resource Planning (ERP) software market is evolving at an unprecedented pace, driven by advancements in technology and the growing needs of businesses across industries. In 2024, ERP software will continue to serve as a backbone for businesses, streamlining operations, enhancing productivity, and enabling informed decision-making. As we move further into the digital age, several trends are emerging that will reshape the ERP landscape. This blog will explore the top ERP software trends to watch in 2024, with a focus on the importance of ERP systems for engineering companies, particularly in India, where the demand for industry-specific solutions is rapidly growing.
1. AI and Machine Learning Integration in ERP Software
One of the biggest trends for ERP software in 2024 is the integration of artificial intelligence (AI) and machine learning (ML). AI-driven automation will continue to enhance business processes, helping companies improve efficiency, reduce errors, and make more informed decisions. Machine learning algorithms will enable ERP systems to predict trends, forecast demand, and offer personalized insights.
For engineering companies in India, AI and ML integration in ERP systems will play a vital role in predictive maintenance, optimizing inventory management, and reducing operational costs. These features will allow engineering firms to focus on innovation while leaving repetitive and data-driven tasks to automated systems.
2. Cloud-Based ERP Solutions
Cloud-based ERP systems have been gaining traction in recent years, and this trend is expected to dominate 2024. Cloud ERP offers scalability, flexibility, and cost-effectiveness, making it an ideal solution for companies of all sizes. The ability to access real-time data from anywhere in the world provides businesses with a competitive edge, allowing for quicker decision-making and improved collaboration.
For engineering companies, adopting a cloud-based ERP software solution can streamline operations by centralizing data and ensuring that teams, whether on-site or off-site, are working with up-to-date information. This is particularly relevant for engineering companies in India, where geographically dispersed teams often need access to critical project data in real-time.
3. ERP Customization and Industry-Specific Solutions
While generic ERP solutions have been widely adopted, there is a growing demand for industry-specific ERP software that caters to the unique needs of different sectors. In 2024, customization will become a crucial factor in ERP implementation, with businesses seeking solutions tailored to their specific operational requirements.
For engineering companies, this means selecting ERP software designed to handle the complexities of engineering projects, such as project management, materials tracking, and compliance with industry regulations. The rise of specialized ERP providers, particularly ERP software for engineering companies, will make it easier for businesses to choose solutions that are perfectly aligned with their needs.
ERP software providers in India are increasingly offering industry-specific solutions, and some of the Top 10 ERP software providers in India are focusing on engineering ERP systems that address these niche requirements. As customization becomes more accessible, businesses will be able to implement ERP solutions that closely match their workflows.
4. Mobile ERP Functionality
Mobile technology is becoming an integral part of modern business, and ERP systems are no exception. In 2024, ERP software will continue to expand its mobile capabilities, enabling businesses to access critical information on the go. Mobile ERP solutions allow employees to access data, manage tasks, and approve workflows from their smartphones or tablets, providing flexibility and improving productivity.
For engineering ERP software companies in India, mobile ERP functionality is particularly valuable for teams working on-site or at multiple locations. Field engineers can access project data, submit reports, and update tasks in real-time, reducing delays and enhancing collaboration between teams.
5. Advanced Data Analytics and Business Intelligence
The rise of big data has prompted ERP systems to evolve into powerful data analytics and business intelligence tools. In 2024, ERP software will focus on enhancing data-driven decision-making by offering advanced analytics and reporting features. These capabilities will help companies make more informed decisions, identify trends, and uncover hidden opportunities for growth.
Engineering companies, which often deal with complex projects and large amounts of data, can benefit from the enhanced data analytics features of modern ERP systems. ERP software for engineering companies in India will increasingly provide detailed reports on project performance, cost analysis, and resource allocation, helping managers optimize operations and ensure timely project delivery.
6. ERP and IoT Integration
The Internet of Things (IoT) is another technology that is transforming the ERP landscape. In 2024, ERP systems will increasingly integrate with IoT devices, enabling companies to collect real-time data from connected devices, sensors, and machinery. This integration will provide businesses with valuable insights into their operations, from tracking inventory levels to monitoring equipment performance.
For engineering companies, IoT integration can help with real-time tracking of machinery, improving maintenance schedules, and reducing downtime. In India, where engineering firms are becoming more reliant on IoT devices, ERP software providers in India are recognizing the need to offer solutions that seamlessly connect IoT data with ERP systems.
7. Focus on Cybersecurity
With the increasing digitization of business operations, the importance of cybersecurity in ERP systems cannot be overstated. In 2024, ERP providers will place a stronger emphasis on ensuring the security of sensitive business data. Companies will expect robust cybersecurity measures such as encryption, multi-factor authentication, and regular security updates to protect their systems from potential breaches.
This is particularly crucial for engineering companies, which often handle sensitive data related to intellectual property, designs, and project specifications. ERP software for engineering companies must prioritize data protection to safeguard against cyber threats.
8. Sustainability and Green ERP
Sustainability is no longer just a buzzword; it’s a business imperative. In 2024, we will see a growing number of businesses turning to ERP software to help them meet their sustainability goals. Green ERP systems will focus on reducing waste, optimizing resource usage, and tracking a company’s carbon footprint.
Engineering ERP software companies in India are beginning to incorporate sustainability metrics into their offerings, allowing engineering firms to track energy consumption, reduce waste, and ensure compliance with environmental regulations. As industries become more environmentally conscious, ERP software that supports sustainability initiatives will become a valuable asset.
9. Best ERP Software Providers in India
With the growing demand for ERP solutions tailored to specific industries, businesses are looking for the best ERP software provider in India to meet their needs. ERP software providers in India are offering a wide range of solutions, from generic systems to industry-specific software like engineering ERP solutions.
Among the Top 10 ERP software providers in India, companies are competing to offer the most advanced, user-friendly, and customizable solutions. These providers understand the unique challenges of industries like engineering and are developing software that addresses the specific requirements of managing large-scale projects, resources, and compliance.
10. ERP Software for Engineering Companies in India
Engineering companies in India are increasingly recognizing the value of ERP software in streamlining operations, improving project management, and enhancing overall efficiency. In 2024, ERP software for engineering companies in India will focus on providing robust solutions that can handle the complexities of engineering projects, from managing resources to tracking project timelines and ensuring compliance with industry standards.
The right ERP software provider can make a significant difference for engineering firms, helping them optimize workflows, reduce costs, and improve profitability. As the demand for specialized ERP systems grows, engineering ERP software companies in India will continue to innovate, offering tailored solutions to meet the evolving needs of the industry.
Conclusion
As we look ahead to 2024, the ERP software landscape is set to undergo significant changes, driven by technological advancements and the growing need for industry-specific solutions. For engineering companies in India, adopting the right ERP system will be crucial in staying competitive and efficient in an increasingly complex business environment. Whether it is integrating AI, leveraging IoT data, or enhancing cybersecurity, ERP software providers in India are poised to meet the demands of modern businesses with cutting-edge solutions.
#ERP software Companies in Pune#Top 10 ERP software providers in India#ERP software for engineering companies#ERP software for engineering companies in India#Rajasthan#Madhya Pradesh#Maharashtra#Gujarat
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MediaTek Dimensity 9300+: Experience Next-Level Performance
MediaTek Dimensity 9300+
All-Big-Core Processor: Superior Performance With the MediaTek Dimensity 9300+, Arm Cortex-X4 speeds are increased to unprecedented heights, setting a new standard for smartphone performance for enthusiasts and gamers.
1X Cortex-X4 operating at 3.4 GHz Max. 3X Cortex-X4 2.85GHz Up to 2.0GHz, 4X Cortex-A720 18 MB L3 + SLC cache Supported up to LPDDR5T 9600Mbps MCQ plus UFS 4.0 Third generation of TSMC 4nm chips manufactured MediaTek’s second-generation thermally optimised packaging design Premier Generative AI System in MediaTek Dimensity 9300+
Faster and safer edge computing is made possible by the MediaTek APU 790 generative AI engine. MediaTek Dimensity 9300+ first-to-market features and extensive toolchain help developers create multimodal generative AI applications at the edge quickly and effectively, offering consumers cutting-edge experiences with generative AI for text, photos, music, and more.
Assistance with on-device NeuroPilot LoRA Fusion 2.0 and LoRA Fusion With NeuroPilot Speculative Decode Acceleration and ExecutorTorch Delegation support, performance can increase by up to 10%. Gen-AI partnerships Artificial Intelligence Cloud Alibaba Qwen LLM AI Baichuan ERNIE-3.5-SE Google Gemini Nano Llama 2 and Llama 3 Meta Epic Play
Flagship GPU with 12 cores Experience the most popular online games in HDR at 90 frames per second, while using up to 20% less power than other flagship smartphone platforms.
Adaptive gaming technology from MediaTek Activate MAGT to increase power efficiency in well-known gaming titles. This will allow top titles to run smoothly for up to an hour.
Experience the most popular online games in HDR at 90 frames per second, while using up to 20% less power than other flagship smartphone platforms.
Mobile Raytracing accelerated via hardware The Immortalis-G720 offers gamers quick, immersive raytracing experiences at a fluid 60 frames per second along with console-quality global lighting effects thanks to its 2nd generation hardware raytracing engine.
HyperEngine from MediaTek: Network Observation System (NOS)
Working with top game companies, MediaTek HyperEngine NOS offloads real-time network connectivity quality assessment, allowing for more efficient and power-efficient Wi-Fi/cellular dual network concurrency during gameplay.
Accurate Network Forecasting 10% or more in power savings Save up to 25% on cellular data guarantees a steady and fluid connection for internet gaming. Working along with Tencent GCloud Amazing Media Capture in All Situations The Imagiq 990 boasts zero latency video preview, AI photography, and 18-bit RAW ISP. Utilise its 16 categories of scene segmentation modification and AI Semantic Analysis Video Engine for more visually stunning cinematic video capture.
With three microphones capturing high dynamic range audio and filtering out background noise and wind, you can be heard clearly. This makes it perfect for impromptu vlogging.
AI-displayed MediaTek MiraVision 990 Set your goals on faster, sharper screens, and take advantage of the newest HDR standards and AI improvements for next-generation cinematic experiences.
Amazing displays: 4K120 or WQHD 180Hz AI depth finding Support that folds and has two active screens The best anti-burn-in technology available for AMOLED screens Maximum Interconnectedness WiFi 7 Extended Range Connections can extend up to 4.5 metres indoors thanks to MediaTek Xtra Range 2.0 technology (5GHz band). Up to 200% throughput improvement is provided for smoother graphics while streaming wirelessly to 4K Smart TVs thanks to coexistence and anti-interference technologies. UltraSaver Wi-Fi 7 MediaTek Wi-Fi 7 with Multi-Link Operation (MLO) and 320MHz BW up to 6.5Gbps Top Bluetooth Features Wi-Fi/BT Hybrid Coexistence 3.0 by MediaTek UltraSave Bluetooth LightningConnect MediaTek Extremely low Bluetooth audio latency (<35 ms) Smooth sub-6GHz with a 5G AI modem Sub-6GHz capable 4CC-CA 5G R16 modem Dedicated sub-6GHz downlink speed of up to 7 Gbps Modern AI equipped with situation awareness Dual SIM, Dual Active, Multimode 3.0 for MediaTek 5G UltraSave Outstanding Security for a Flagship SoC for Android
Introducing a user-privacy-focused security design that safeguards critical processes both during secure computing and boot-up, preventing physical attacks on data access.
During startup and operation, standalone hardware (Secure Processor, HWRoT) is used with New Arm Memory Tagging Extension (MTE) technology.
The next big thing in innovation is generative AI MediaTek Dimensity 9300+, the industry leader in creating high-performing and power-efficient system-on-chips, is already integrating the advantages of their potent, internally developed AI processors into their wide range of product offerings.
Every year,their inventions impact over 2 billion devices Fifth-largest fabless semiconductor maker MediaTek. MediaTek chips power 2 billion devices annually; you undoubtedly have one! Here at MediaTek, they design technology with people in mind to improve and enrich daily existence.
Amazing In Amazing Escape Smartphones with MediaTek Dimensity – 5G The cutting edge is available on MediaTek Dimensity 5G smartphone platforms, which offer amazing nonstop gaming, sophisticated AI, and professional-grade photography and multi-camera videography. Together, they enhance the intelligence, potency, and efficiency of your experience.
Chromebooks, the ubiquitous computing companion from MediaTek Kompanio MediaTek Kompanio is the dependable, creative, versatile, go-anywhere, and do-anything partner for amazing Chromebook experiences. It’s the perfect partner for learning, daily work, streaming media, video conferences, or just experimenting with one’s creativity.
MediaTek provides you with all you need in terms of computing. MediaTek processors are made to meet the needs of the modern user, whether they be for gaming, streaming, work, or education.
Brilliance on the brink IoT with Edge-AI with MediaTek Genio MediaTek Dimensity 9300+ Genio propels IoT innovation by elevating software platforms that are simple to use and have strong artificial intelligence. MediaTek helps start-ups to multinational corporations creating new IoT devices with Edge-AI capabilities, accelerating time to market to create new opportunities.
Entrepreneurs with a Vision: MediaTek Pentonic – 8K/4K Smart Televisions Five key technology pillars are offered by MediaTek Pentonic in their flagship and premium 8K/4K smart TVs: display, audio, AI, broadcasting, and connectivity. With a 60% global TV market share,they are the leading provider of smart TV platforms, supporting the largest smart TV brands in the world.
Experiences that are always connected Wi-Fi MediaTek Filogic With the most extreme speeds, improved coverage, built-in security, exceptional power efficiency, and crucial EasyMesh certification, MediaTek Filogic is bringing in a new era of smarter, more powerful Wi-Fi 7, 6E, and 6 solutions. These solutions will enable users to enjoy seamless, always-connected experiences.
MediaTek Dimensity 9300+ Specs CPU Processor 1x Arm Cortex-X4 up to 3.4GHz 3x Arm Cortex-X4 up to 2.85GHz 4x Arm Cortex-A720 up to 2.0GHz Cores Octa (8)
Memory and Storage Memory Type LPDDR5X LPDDR5T Max Memory Frequency 9600Mbps
Storage Type UFS 4 + MCQ
Connectivity Cellular Technologies Sub-6GHz (FR1), mmWave (FR2), 2G-5G multi-mode, 5G-CA, 4G-CA, 5G FDD / TDD, 4G FDD / TDD, TD-SCDMA, WDCDMA, EDGE, GSM
Specific Functions 5G/4G Dual SIM Dual Active, SA & NSA modes; SA Option2, NSA Option3 / 3a / 3x, NR FR1 TDD+FDD, DSS, FR1 DL 4CC up to 300 MHz 4×4 MIMO, FR2 DL 4CC up to 400MHz, 256QAM FR1 UL 2CC 2×2 MIMO, 256QAM NR UL 2CC, R16 UL Enhancement, 256QAM VoNR / EPS fallback
GNSS GPS L1CA+L5+ L1C BeiDou B1I+ B1C + B2a +B2b Glonass L1OF Galileo E1 + E5a +E5b QZSS L1CA+ L5 NavIC L5 Wi-Fi Wi-Fi 7 (a/b/g/n/ac/ax/be) ready
Wi-Fi Antenna 2T2R
Bluetooth 5.4
Camera Max Camera Sensor Supported 320MP
Max Video Capture Resolution 8K30 (7690 x 4320) 4K60 (3840 x 2160) Graphics GPU Type Arm Immortalis-G720 MC12
Video Encoding H.264 HEVC Video Playback H.264 HEVC VP-9 AV1 Display Max Refresh Rate 4K up to 120Hz WQHD up to 180Hz AI AI Processing Unit MediaTek APU 790 (Generative AI)
Security Security Features Secure Processor, HWRoT Arm Memory Tagging Extension (MTE) Technology CC EAL4+ Capable, FIPS 140-3, China DRM
Read more on Govindhtech.com
#MediaTekDimensity9300#mediatek#MediaTekDimensity#ai#generativeai#llama2#smartphone#lorafution#llm#llama3#meta#technology#technews#news#govindhtech
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Unpredictable path of sales: Virtual Reality
Success of a company depends on the Success of a new product . Not only Sales and marketing team hooked on number for new product sale even production capacity , supply chain and working capital estimation for new product are quite crucial . There are traditional Methods like cojoint analysis are available to test market adoption for new product , However to get exact forecast for new product sales volume still a big challenge .
VR Game Changer :-
We have seen examples of some great products when they were launched looked very promising . However, they could not get the great success . for example TATA Nano , Google Glasses and Apple Newton (( personal digital assistant ) . Probably they were ahead of their times or simply they could not assess consumers interest in product features and attribute . Times have changed now we have Virtual Reality tools available which can help us to get consumers insight in a product much more accurate than traditional methods to predict product adoption . Now research by Harz and team recommends a novel solution : having potential customer interact with planned product using Virtual Reality . Combined with right statics model , VR based interactions yield more reliable data for product analytics and improvement . Now with VR consumers can experience product in much immersive way and interact with computer to generate seamless information flow . These are much more accurate than traditional Methods
Hurdles for implementation :-
The biggest hurdle is designing a very immersive VR system for product testing . A three dimensional , 360 degree VR can cost as much as $10000 per minute . But a less immersive VR system can cost fraction of this . The price of a popular VR system ranges from $10 Display that can be integrated to a smartphone to few hundred Us dollars . Though the cost may be roadblock but benefits accrued are immense . The result obtained product testing by VR is of gold standard compared to tradition market research techniques . In product testing in some scenarios it has been observed that VR bases outcomes are accurate more than 50% compared to traditional test . The error in projecting post launch sale was only 2 % in VR based models . which is much less than 40% - 60% success in traditional methods of product testing .
When to use VR Decision :-
It is important to understand when to use VR based models for predicting sales of a product compared to tradition methods . For example for FMCG product it is much cheaper to test market product sales by interacting with consumers in reality .Proctor and Gamble and Unilever of the world where cost of product is much less can afford to have real life interactions with consumers . However as we go up towards consumer durables and more so costly product like Automobiles , where cost of producing a prototype is much higher VR Based product testing will be much useful . for complex products where different attributes of product hold different value for consumers VR based product techniques . Proper Analysis of VR based Product testing and sales prediction will also help in minimizing cost of establishing Product line , Distribution . This will help in customization of various product features also .
In nutshell .. Virtual is becoming real !! At least in Arena of product testing .
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RTD Cocktails Market - Growth Factors and Regional Forecast to 2030
RTD cocktails are ready-to-drink packaged drinks meant for direct consumption. The drinks include premixed beverages, mocktails, and spirit mixers. It is typically a mixed drink containing alcohol. The growing demand for flavored drinks with low alcohol content due to the rising health concerns is driving the market. Rising urbanization, growing trend of party culture, and changing consumer taste preferences are the factors driving the RTD cocktails market.
Social media is playing a crucial role in changing the lifestyles of people. Over the past few years, the number of social media users has increased dramatically, owing to the rising penetration of the internet and smartphones. Thus, major global manufacturers are showcasing their products on social media platforms to generate more revenue. For instance, Diageo plc, one of the prominent RTD cocktail manufacturers, stepped up its multi-million-dollar partnership with Facebook to market its products. Moreover, people are heavily influenced by social media influencers and celebrities and try to follow them. Brands benefit from the growing influence of social media and celebrities on people. Celebrities heavily promote RTD cocktails and are also getting involved in the businesses. For instance, Thomas Ashbourne Craft Spirits is the latest company to work with celebrities in order to build a brand image. Thus, the increasing influence of social media and celebrities on RTD cocktails is expected to bring new trends to the RTD cocktails market in the coming years.
A few players operating in the RTD cocktails market are Bacardi Limited, Beam Suntory Inc, Boulevard Brewing Co, Bully Boy Distillers LLC, Constellation Brands Inc, Cutwater Spirits LLC, Five Drinks Co, New Holland Brewing Co LLC, Post Meridiem Spirit Co, and The Crown Royal Co, among few others.
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Word For Word
I have always been a reader. It started when I was a kid, and my parents started buying Hardy Boys mystery books for me. They captivated me, and although I did not know it at the time, planted a seed that grew into a voracious appetite for the written word.
One look at my house, and you will see the results. My library runneth over.
But even heavy readers run up against the constraints imposed by the modern world, which means there is never quite enough time to read as much as we would like. Audiobooks addressed that problem, because we could listen to someone reading the book to us while on the morning commute, while working out, and on long auto or airplane trips. It may not be the same experience of turning pages, smelling the ink, and falling asleep on the sofa with the book on your chest, but it gets the job done.
Amazon saw that future when it bought Audible in 2008. While audiobooks are forecast to reach 10% of the global publishing market in 2027, an admittedly small share of the market, it is still lucrative enough for anyone willing to chase it.
And that is exactly what Spotify did last year when it announced it would add audiobooks to its music and podcast menu. The only problem is the Apple Tax. In order to listen to an audiobook, users must actually purchase it, which is completely unlike how we listen to streaming music (we basically rent it). Apple takes 30% of every item purchased in-app, and is not fond of workarounds whereby purchasers are redirected to another site to leave their money. With that kind of tax, it didn’t leave much money for Spotify.
That was a sucker punch for them. As it stands, Spotify users must leave the app, fumble around on the Spotify website to buy the book, and then listen to it in the app. But users had to know all this.
Not one to take things lying down, Spotify just announced it is going to start rolling out a limited audiobook listening feature to its premium customers. Choice will be limited to 150,000 titles, and 15 hours a month. The service already launched in the UK and Australia, and will be in the US by the end of the year. Basically, they are teasing premium subscribers with a sample, a lot like those samples given away at Costco and Sam’s on the weekends.
Fifteen hours is probably not enough time to listen to a long book, and I’m not sure if Spotify goes by calendar months, or billing cycles. If the former, you could start a book late one month, and finish it early the next. If the latter, you have to pony up some money.
I seriously doubt that Apple will budge on their tax either, especially in the case of Spotify, who happens to be its biggest foe in the music streaming business. Spotify is betting that once listeners taste and see, that they will be happy to fork over even more money.As for Amazon, they should be nervous, because the Spotify app is about as common on smartphones as the weather. There are more than 100 million users in the US alone. About 40% of Spotify’s listeners are in the premium category.
While Audible has enjoyed many years in the sun as the dominant player, Spotify is a formidable foe. Just ask Amazon about how well they are doing in the music business. Even if both play by Apple’s rules and share a sizable chunk of their audiobook revenues, there is probably still enough left in the margins to make their efforts worthwhile. For comparison, printed books typically have a 40% margin off list price, but big sellers can sometimes muscle in and get even better margins. The beauty of audiobooks is that they do not have to be inventoried, so every title sold is pure overhead-free profit.
This is a brilliant tactic by Spotify to keep users more engaged with the app. Their foray into podcasts keeps me on Spotify for a minimum of two hours each day on my workouts, and more when I am on long trips. Whether I increase my listening because of the audiobooks remains to be seen, but it will certainly make my experience all the richer.
I’m blaming my parents.
Dr “By The Word” Gerlich
Audio Blog
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Types and 5 Most Popular for 2023
Types of IoT
Networking, communication, and connectivity systems depend on the specific IoT application being deployed. Just as there are many different IoT devices, there are many types of IoT applications depending on their use. Here are some of the more common ones:
• IoT client – intended for everyday use. Examples: home appliances, voice assistants and lighting.
• Business IoT – commonly used in the healthcare and travel industries. Examples: smart pacemakers and monitoring systems.
• Military Matters (IoMT) - Commonly used for the application of IoT technology in the military sector. Examples: surveillance robots and attack-capable objects.
• Industrial Internet of Things (IIoT) - commonly used in industrial applications, such as in manufacturing and the energy sector. Ex: Digital control systems, smart agriculture and big data industries.
• IoT Infrastructure – It is widely used for connectivity in smart cities. Example: equipment sensors and control systems.
Why is IoT important? IoT has enabled the physical world to meet the digital world in collaboration. It provides benefits to organizations by allowing them to work and simplify their work. As IoT grows exponentially year on year, businesses are taking advantage of the incredible business benefits it can deliver. Here are some of the most important benefits of IoT:
• Create new business models and revenue streams
• Improve business decisions and insights based on IoT data.
• To increase productivity and efficiency of business operations
• To improve customer experience
Although global IoT spending has been affected by the economic impact of the COVID-19 pandemic, IDC's analysis shows that it will reach a CAGR of 11.3% over the forecast period 2020-2024.
What are IoT devices?
IoT devices are hardware devices, such as sensors, appliances, devices and other machines that collect and exchange data over the Internet. They are designed for certain applications that can be connected to other IoT devices. For example, an IoT device in your car can detect oncoming traffic and send an instant message to the person you're about to see about an upcoming delay.click amazon market place.
How do IoT devices work?
Different IoT devices have different functions, but they all have similarities in terms of how they work. First, IoT devices are physical objects that see what is happening in the physical world. They have integrated processors, network cards, and hardware, and are often connected to Dynamic Host Configuration Protocol servers. It also requires an IP address to work on the network.
Many IoT devices are programmed and controlled through software. For example, an app on your smartphone to control the lights in your home. Some tools are also built into the web server, eliminating the need for external applications. For example, the light turns on immediately when you enter the room.
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Fingerprint Sensor Market - Forecast (2022 - 2027)
The rising need of multi-factor authentication method across consumer electronics, banking and financial sectors is set to grow the fingerprint sensor that was already valued to be $4.68 billion in 2018 and is expected to grow at a CAGR of 14% during forecast period 2019-2025. Factors such as the proliferation of fingerprint sensors in smartphones and other consumer electronics, government support for the adoption of fingerprint sensors in BFSI industry, and the use of biometrics in mobile commerce are driving the growth of the market. The adoption of fingerprint protection by smartphones to secure stored data and the essential bank options such as OTP and mobile banking applications are expected to fuel the fingerprint sensor market. According to the statics provided by TrendForce, growth in the share of smartphone shipments incorporated with fingerprint sensor increased from 29% in 2015 to 60% in 2018, which is likely to augment the fingerprint sensor market further during the forecast period.
On the other hand, increasing support from the government for the adoption of fingerprint sensors, along with use of biometrics in BFSI, and law enforcement sectors has been driving the fingerprint sensor market. The fingerprint devices in BFSI will help in authenticated transaction with fingerprint to prevent fraud that will lead the growth of fingerprint sensor market.
In fingerprint sensors market below developments would make dynamical changes, which in turn, will augment the market in terms of revenue:
A Swedish fingerprint sensor company, Fingerprint Cards AB, shipped one billion fingerprint sensors worldwide in Q1 2019. Going forward, the company is estimated to reach 2 billion of sensors shipment globally by the end of 2019, which will show significant growth in overall fingerprint sensor market.
The development in mobile fingerprint devices by Metropolitan Police Service can scan suspect fingerprints and returns any match to police databases within 60 seconds that is one of the emerging innovation for law enforcement.
These developments and innovations are expected to grow the of fingerprint sensor market globally.
Fingerprint Sensor Market Report Coverage
The report: “Fingerprint Sensor – Forecast (2019-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Fingerprint Sensor Market.
By Type: Area, Touch, Swipe, Fingerprint Sensor Modules
By Technology: Capacitive Sensor, Optical Sensor, Thermal Sensor, Pressure Sensor, RF Sensor, Ultrasonic Sensor, Others
By Application: Desktop, Laptop, Smartphones, Wearable Devices, Tablets, Gaming Consoles, Notebooks, Security & Alarm Solutions, Government & Law Enforcement, Others.
By Industry: Defense, Retail, Education, Healthcare, BFSI, Government, Commercial, Manufacturing/Industrial, Telecommunication, Travel & Immigration, Others
By Geography: North America, South America, Europe, Asia-Pacific, RoW
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Key Takeaways
The major driving factor in the fingerprint sensor market is the increasing demand of smartphones with high-end technologies and fingerprint specifications, which are likely to grow the fingerprint sensor market during the forecast period.
The BFSI sector in the fingerprint sensor market is expected to grow at a CAGR of 19% during the forecast period. The increased need for multi-factor authentication systems in banking is being more prominent and increasing the demand for fingerprint sensors within this application.
APAC holds the largest market for the fingerprint sensors market accounting to around 34% of the global market share owing to the increased demand for consumer electronics such as smartphones, and wearable devices and so on, which are installed with fingerprint sensors. Moreover, the BFSI sector will be showing significant growth in the adoption of fingerprint to prevent the fraud cases.
Fingerprint Sensor Market Segment Analysis - By Technology
The capacitive and optical sensor technology are the most common type of fingerprint scanner, being used nowadays. The market is expanding significantly owing to increasing demand for secure consumer electronics and an overall need for rigid security.
Apart from that, the optical fingerprint scanner is now being used in most cost-effective hardware these days. These sensor are gaining prominence due to increasing popularity of in-display fingerprint sensors. Essential technology such as optical sensors has the viability to work efficiently with smartphones and provide multi-factor authentication systems in mobile banking ecosystem, which is likely to grow the fingerprint sensor market positively.
In 2019, a biometrics company Fingerprint Cards AB, introduced its FPC1610 sensor prototype using optical in-display fingerprint sensor for smartphones. These developments will show significant growth for in-display optical fingerprint sensors in the market.
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Fingerprint Sensor Market Segment Analysis - By Industry
The BFSI industry in fingerprint sensor market is expected to grow with the fastest CAGR of 19% during the forecast period. The banks are extensively working on payments cards with in-built fingerprint sensors, in order to end the need of PINs to make payments much secure. This will allow the most secure authentication mechanism for account holders.
Moreover, the government support for the adoption of fingerprint sensors owing to keep the security for unique identification and verification of individuals in e-Governance applications are expected to propel the growth of the fingerprint sensor market.
On the other hand, consumer electronics is one of the major market for fingerprint sensors. Various biometric incorporated devices such as smartphones, tablets, gaming consoles, and notebooks are expected to fuel the fingerprint sensor market. The growing trend of bezel-less screens feature, using OLED display, in smartphones has led the manufacturers to develop high-end in-display fingerprint sensors technology that occupy less space. This in-display fingerprint sensors will be incorporated in OLED displays using optical or ultra-sonic sensor technology. Hence, the adoption of in-display fingerprint sensors is expected to fuel the demand for ultrasonic and optical in-display fingerprint sensors, which is rising at the rate of 14% in 2019.
Fingerprint Sensor Market Segment Analysis - By Geography
The Asia Pacific region is the largest revenue contributor for the fingerprint sensors market, with a share of 34% in 2018. The rising adoption in mobile banking applications, collaborative innovations, updating smart devices, and, of course, security concerns in this region has resulted in increased demand for fingerprint sensors in this region.
Moreover, the demand for fingerprint technology in China has grown tremendously, especially in the consumer electronics, commercial, healthcare, government and banking sectors owing to protect the data from threats. Based on the statics of Statista, the consumer electronics user penetration in China is expected to hit from 23.4% in 2019 to 35.3% in 2023. Following this current market trend, numerous consumers are willing to transact using smart devices that integrate biometric identification systems for providing more security during transactions.
Recently in March 2019, NEXT Biometrics, a Norwegian fingerprint sensors company, signed an agreement with an Asian smart card manufacturer in order to launch contact-based and dual interface biometric smart cards in the Asia Pacific region. This will lead to increased demand for fingerprint sensors technology in coming years.
Similarly, in India, the increasing use of smartphones and other consumer appliances are witnessing a huge growth in terms of revenue. The smartphone penetration rate in India is expected to reach from 2018 in 26% to 36.2% in 2022. Thus, the growth in smartphones will significantly grow the fingerprint sensor market in this region. On the other hand, the government initiatives such as UIDAI for unique identification for individual citizen that is registered with fingerprint is expected to propel the growth of fingerprint market. Similar initiatives are being taken by other governments around the world, eventually leading to increasing demand of fingerprint sensors in the near future.
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Fingerprint Sensor Market Drivers
Major adoption of Biometrics in Law Enforcement and Government Applications:
Within law enforcement, biometrics authentication is playing a key role in providing criminal ID solutions such as Automated Fingerprint Identification Systems (AFIS). This solution enables law enforcement agencies to identify and store data of the criminals. Moreover, unique identification initiatives taken by government, eventually driving the need of fingerprint sensors across all the application in a country.
Emergence of fingerprint sensors enabled smartphones:
Smartphones have increased penetration of in-display fingerprint sensing technology. Most smartphone manufacturers such as Samsung, Vivo, Huawei and Xiaomi are launching models that are integrated with fingerprint sensors. According to the Global Systems for Mobile Communications (GSMA), there were a total number of 5 billion mobile users at the end of 2017, and the production of mobile phones will grow at a CAGR of 2.1% during the forecast period of 2017 to 2025, and is expected to reach 5.9 billion in 2025. Thus, increasing demand for smartphones with advanced sensing technologies will create enhanced opportunities for the fingerprint sensors market.
Fingerprint Sensor Market Challenges
Integration of biometrics in to the devices is increasing the competition for fingerprint devices
The ability of biometrics is to access the biological parameters such as iris/retina, voice, pulse, DNA, and vein, provide the advance level of security. Since every individual possesses unique physiological features, which can’t be easily swapped, shared, or stolen. In biometrics, the recognition accuracy, integration and resetting ability is not working effectively, which are causing fall in the biometrics usage. Hence, the development in fingerprint sensor to make the module compact, thin, and easy to integrate with better recognition accuracy can reduce the use of other biometrics.
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Market Landscape
Partnerships and acquisitions along with product development and up-gradation are the key strategies of the top players in the Fingerprint Sensors Market. The major players in the Fingerprint Sensor include Apple, Goodix, Egis Technology, Fingerprint Cards, Synaptics, IDEMIA, NEXT Biometrics, Anviz Global, IDEX ASA and Gemalto among others.
Partnerships/Mergers/Acquisitions
In March 2019, Gemalto acquired Green Bit to offer biometric scanners as part of complete automated fingerprint identification system (AFIS). This deal have been done by noticing an increase use of biometric scanners by governments for identity management purposes.
In May 2019, NEXT Biometrics and Newland entered into a supply agreement with Fujian Newland Payment Technology Co., Ltd. to provide an integration of different types of NEXT Biometrics' high-quality, large-area fingerprint sensors on a global scale.
In September 2018, HID Global, a leader in trusted identity solutions, announced that it acquired Crossmatch, a leader in biometric identity management and secure authentication solutions. Under this acquisition, Crossmatch’s biometric identity management hardware and software will complement HID’s broad portfolio to make major providers of fingerprint biometric technologies.
R&D Investments/Funding
In April 2019, Wales-based fingerprint biometrics startup Touch Biometrix has received $2.2m in VC Funding. The firm claims it will help boost the further growth of its fingerprint sensor technology. The solution price will be less than $1 per sensor and the manufacturing will continue to being by 2020.
In June 2018, Valencell captured $10.5M in Series E financing led by Sonion. The startup intends to use the financing to grow its technology and team of biometric sensors.
Fingerprint Sensor Market Research Scope:
The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Fingerprint Sensor Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the type, technology, application, industry and geography analysis of Fingerprint Sensors Market.
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#Fingerprint Sensor Market price#Fingerprint Sensor Market size#Fingerprint Sensor Market share#Fingerprint Sensor Market trends#Fingerprint Sensor Market report#Fingerprint Sensor Market
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Zooming into the Future: Key Trends Shaping the Smartphone Camera Lens Market
The Smartphone Camera Lens Market Size is projected to be valued at USD 5.01 billion in 2024 and is anticipated to grow to USD 7.43 billion by 2029, registering a compound annual growth rate (CAGR) of 8.21% over the forecast period (2024-2029).
Key Trends in the Smartphone Camera Lens Market:
Rising Demand for High-Resolution Lenses: Consumers are prioritizing smartphones with superior camera quality, pushing manufacturers to innovate and introduce high-resolution lenses. The demand for 48MP, 64MP, and even 108MP camera lenses is increasing, enabling users to capture professional-grade photos and videos.
Growth of Multi-Camera Setups: Dual, triple, and even quad-camera systems are becoming standard features in modern smartphones. This trend is driven by the need to offer versatile photography options such as wide-angle, macro, telephoto, and depth-sensing lenses, providing consumers with a comprehensive range of imaging possibilities.
Advancements in Lens Materials: The development of new materials like hybrid glass-plastic lenses and ultra-thin aspherical lenses is enabling manufacturers to create compact, high-performance lenses. These innovations are contributing to enhanced image clarity, reduced distortion, and better low-light performance.
AI-Powered Photography Enhancements: The integration of artificial intelligence (AI) is transforming smartphone photography. AI-powered features such as scene detection, object tracking, and enhanced night mode are becoming crucial factors in lens design, helping smartphones achieve DSLR-like results.
Growing Demand for 3D Sensing and Augmented Reality (AR) Lenses: With the rise of AR applications and 3D sensing technologies, there is an increasing need for smartphone camera lenses that can support advanced functionalities. Depth-sensing and ToF (Time of Flight) lenses are becoming more prevalent in smartphones, enhancing user experiences in gaming, shopping, and virtual reality (VR).
Miniaturization and Foldable Camera Technology: As smartphones become sleeker and thinner, manufacturers are working on miniaturizing camera components without compromising image quality. Foldable smartphones are also influencing the design and development of new camera modules, pushing the boundaries of innovation in lens technology.
Sustainability and Eco-Friendly Manufacturing: As environmental concerns grow, some smartphone manufacturers are focusing on sustainable and eco-friendly materials for camera lens production. This shift is helping reduce the carbon footprint associated with lens manufacturing, contributing to more sustainable supply chains.
Conclusion: The smartphone camera lens market is evolving rapidly, driven by consumer demand for better image quality and emerging technologies like AI, AR, and 3D sensing. As competition among smartphone manufacturers intensifies, the focus on camera lens innovation will continue to grow, offering consumers a more immersive and versatile mobile photography experience. With ongoing advancements in lens technology, the future of smartphone photography is brighter than ever.
For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/smartphone-camera-lens-market
#smartphone camera lens market#smartphone camera lens market size#smartphone camera lens market share#smartphone camera lens market trends#smartphone camera lens market analysis#smartphone camera lens market forecast
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STD Diagnostics Market Business Opportunities, Strategies, and Applications by 2032
Sexually transmitted diseases (STDs) continue to be a major public health concern globally, impacting millions annually. Effective STD diagnostics are essential for controlling the spread of infections and preventing long-term health complications. Advances in diagnostic tools, including rapid tests, nucleic acid amplification tests (NAATs), and serological testing, allow for faster and more accurate identification of infections such as HIV, chlamydia, gonorrhea, and syphilis. With early detection, patients can access timely treatment, reduce the risk of transmission, and manage their health more effectively.
The STD diagnostics Market size was valued at USD 10.05 billion in 2023 and is expected to grow to USD 18.78 billion by 2032 and grow at a CAGR of 7.2% over the forecast period of 2024-2032.
Future Scope
The future of STD diagnostics lies in the development of more rapid, sensitive, and point-of-care tests that make STD testing accessible even in remote or underserved areas. As the demand for discreet and at-home testing grows, innovations such as smartphone-integrated diagnostics and portable test kits are anticipated to play a vital role in expanding accessibility and reducing stigma. Advances in molecular diagnostics and genomics are also expected to improve test specificity, making STD testing more accurate and efficient.
Emerging Trends
Key trends in STD diagnostics include the rise of at-home testing kits that offer convenience and privacy, enhancing early detection among high-risk populations. Additionally, AI and machine learning are being used to analyze diagnostic data, increasing diagnostic accuracy and predicting infection trends. The integration of digital health tools allows for improved patient education, monitoring, and follow-up, while point-of-care testing is gaining traction in low-resource settings where traditional lab-based diagnostics may be unavailable.
Applications
STD diagnostics are used to identify infections in both symptomatic and asymptomatic individuals, offering crucial insight into public health patterns and allowing for effective contact tracing. In clinical practice, diagnostic tests guide treatment protocols and help monitor patient responses to therapy. For public health authorities, diagnostic data support the implementation of targeted intervention programs, raising awareness and reducing disease transmission rates.
Key Points
STD diagnostics are essential for early detection and treatment of infections.
At-home and point-of-care tests are increasing accessibility and reducing stigma.
AI and genomics are enhancing the accuracy and specificity of diagnostic tests.
Diagnostics play a crucial role in treatment planning and public health interventions.
Conclusion
Advances in STD diagnostics are transforming the landscape of sexual health, enabling more efficient and accessible testing options that empower individuals to manage their health proactively. By improving early detection rates and facilitating timely treatment, modern diagnostics are essential tools in reducing STD transmission and enhancing public health. With ongoing innovations and greater accessibility, the future of STD diagnostics holds promise for healthier communities worldwide.
Read More Details: https://www.snsinsider.com/reports/std-diagnostics-market-2995
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Akash Anand — Head of Business Development & Strategy
Email: [email protected]
Phone: +1–415–230–0044 (US) | +91–7798602273 (IND)
#STD Diagnostics Market#STD Diagnostics Market Size#STD Diagnostics Market Share#STD Diagnostics Market Growth#STD Diagnostics Market Trends
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The Hidden Magic of Stoch RSI & Head and Shoulders: How to Predict Market Moves Like a Ninja Ever found yourself in a trading position that feels more like being at the mercy of a moody weather forecast than an informed decision? Trust me, we’ve all been there—it's like buying a pair of flashy shoes you’ll never actually wear. But here’s the secret that most traders don’t know: the Stoch RSI and the Head and Shoulders pattern aren’t just fancy jargon. When used correctly, they’re like a backstage pass to predict the next big market move. If you’re tired of guessing and ready to level up with some genuinely game-changing strategies, stick with me. We’re about to dive into the advanced tactics of these two powerful tools and how they can align like a blockbuster crossover movie. This guide will uncover everything you need—from ninja tactics for spotting market tops to the hidden opportunities you never knew existed. Why Most Traders Get It Wrong (And How You Can Avoid It) First off, let's address the biggest misconception about the Head and Shoulders pattern. Most traders see it as a sure-shot reversal indicator. But here’s the kicker: the Head and Shoulders pattern is more like that deceptive pie at a family dinner—it looks great, but unless you know how to time your bite perfectly, you’re gonna end up with a sour taste. The mistake? Traders often jump the gun before the Stochastic RSI confirms the setup. Imagine hitting the 'sell' button just because it "looks right," only to watch the market defy you with the enthusiasm of a sitcom plot twist. Trust me, it’s a wild ride—and not a fun one. Instead, think of Stoch RSI as your wingman. It helps you make the right call at the right time, especially when you’re dealing with a Head and Shoulders setup. Just like you wouldn’t buy those neon green Crocs without at least a second opinion (no judgment—Crocs are comfortable, but still), use the Stoch RSI to validate what you’re seeing. The Hidden Formula Only Experts Use Let me give you an example from earlier this year—remember March when EUR/USD made a sharp turnaround? Well, a Head and Shoulders pattern popped up on the 4-hour chart. The crowd shouted "sell," but the pros were waiting for Stoch RSI to move from overbought territory. When it finally happened, the market dropped like a mic drop at the perfect moment—satisfying and precise. The hidden formula here is in timing. Pros use Stoch RSI to identify when momentum is shifting, not just when a pattern "looks" complete. It’s about adding that extra layer of confirmation—the difference between buying shoes just because they’re on sale and actually loving (and wearing) them. How to Predict Market Moves with Stoch RSI & Head and Shoulders Alright, here’s the juicy stuff. When you spot a Head and Shoulders pattern, use the Stoch RSI to measure momentum. Here’s a step-by-step breakdown: - Identify the Pattern: Look for that textbook Head and Shoulders shape on your chart. Ideally, you want this to occur after a strong uptrend. - Check the Stoch RSI: Is it in overbought territory? Good. But don't act just yet. - Wait for the Cross: You want the Stoch RSI to cross downward out of the overbought zone. This signals that momentum is shifting and helps confirm that the market is ready for a reversal. - Confirm the Neckline Break: Once the Stoch RSI gives you the go-ahead, wait for the price to break the neckline support—think of this as the final stamp of approval. This sequence increases your success rate and makes you less prone to those false breakouts. And false breakouts are the trading equivalent of getting stood up—the market shows interest, then suddenly it's nowhere to be found. The One Simple Trick That Can Change Your Trading Mindset Many traders see Stoch RSI as just a way to gauge overbought or oversold conditions. But let’s get real—that’s like using a smartphone just to make phone calls. Stoch RSI is an absolute ninja when it comes to predicting divergences. Pair this with a Head and Shoulders setup, and you’ve got an elite tactic that most traders overlook. Next time you spot a Head and Shoulders, take a moment to look at the Stoch RSI. Is it diverging from price action? If price is making higher highs but the Stoch RSI is making lower highs—my friend, you’ve just uncovered a hidden gem that could mean the market’s about to turn faster than a reality show twist. The Forgotten Strategy That Outsmarted the Pros Think back to 2022. There was a moment when GBP/USD showed an obvious Head and Shoulders on the daily chart. Everyone was watching it—I mean, even my dog probably knew something was up. Yet, the reversal never happened. Why? Because traders ignored the Stoch RSI divergence. It was signaling that momentum wasn't behind the move, and without that push, a Head and Shoulders is just... a head, with some shoulders. Like a mannequin in a store window—looks great, but not going anywhere. By waiting for Stoch RSI confirmation, those in the know avoided a losing trade. It’s all about avoiding the herd mentality. Just because something is a "classic" doesn’t mean it’s guaranteed. Patterns don’t move the market—people do. Hidden Patterns That Drive the Market Let’s talk about a variation that pros use: the Complex Head and Shoulders. This isn’t your average pattern—we’re talking extra shoulders, different slopes, more unpredictability. Using the Stoch RSI to help navigate these setups is like having a GPS for a confusing city—it gives you the exact timing to get in or stay out. Here’s an underground trend: on the 15-minute timeframe, complex variations of the Head and Shoulders tend to fake out novice traders. But if you’re using the Stoch RSI for momentum shifts, you can capitalize on the confusion. It’s about staying one step ahead and thinking like the market—a ninja waiting for just the right moment to strike. Promotion of Services: How We Can Help You Master These Tactics Want to dive deeper into these strategies? We’ve got you covered: - Latest Economic Indicators and Forex News: Stay informed and time your trades with confidence. Get exclusive updates here. - Forex Education: Explore in-depth resources that go beyond the basics. Learn more here. - Community Membership: Access real-time insights and daily expert analysis. Join our community. These resources are designed to help you stay ahead, spot opportunities that others miss, and level up your trading game. Wrap-Up: How to Master Stoch RSI and Head and Shoulders for the Ultimate Edge So, what have we learned? The Stoch RSI is your best friend when it comes to understanding the real momentum behind a Head and Shoulders setup. Whether you're catching a classic pattern or its more elusive cousin, having that extra confirmation will help you avoid false moves and pounce when the timing’s right. Remember, trading isn’t about being the first to see something—it’s about being the smartest in how you react. So next time you’re about to act on that Head and Shoulders setup, just take a breath, check the Stoch RSI, and remember—patience turns trades into profits. Or, as I like to say, it's better to be the tortoise in a race to profits than the hare that buys those neon green Crocs. Happy trading, and keep those ninja tactics sharp! —————– Image Credits: Cover image at the top is AI-generated Read the full article
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The Proximity Sensors Market is projected to grow from USD 3,780 million in 2024 to approximately USD 6,612.2 million by 2032, with a CAGR of 7.24% over the forecast period. Proximity sensors, essential components in a wide range of industries, are witnessing significant growth due to their diverse applications in consumer electronics, automotive, healthcare, and industrial automation. These sensors detect the presence of objects without direct contact, using technologies such as infrared, ultrasonic, capacitive, and inductive sensing. The global proximity sensors market is expanding at a rapid pace, driven by advancements in technology, increasing demand for automation, and the proliferation of smart devices.
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Market Overview
The proximity sensors market is valued at billions of dollars and is projected to grow at a healthy compound annual growth rate (CAGR) over the next few years. The rise in industrial automation and the increasing adoption of proximity sensors in automotive safety systems, consumer electronics, and healthcare devices are significant factors contributing to this growth.
Proximity sensors are vital for applications such as object detection, collision avoidance, and motion detection. They are also critical in modern smartphones, enabling features like touchless controls and facial recognition. With industries moving toward smart and connected systems, proximity sensors are playing a pivotal role in enhancing efficiency and user experience.
Key Market Drivers
1. Industrial Automation The fourth industrial revolution (Industry 4.0) has fueled the demand for proximity sensors in automation and robotics. These sensors ensure precision and safety in manufacturing processes, making them indispensable in automated production lines.
2. Automotive Industry Growth Proximity sensors are integral to advanced driver-assistance systems (ADAS), enabling features such as parking assistance, collision avoidance, and blind-spot detection. With the growing focus on vehicle safety and autonomous driving, the automotive sector is a significant contributor to the market’s expansion.
3. Rising Consumer Electronics Market Proximity sensors are extensively used in smartphones, tablets, and wearable devices for functionalities like automatic screen lock, gesture recognition, and augmented reality (AR). The continuous evolution of consumer electronics is driving the demand for innovative and compact sensor solutions.
4. Healthcare Application In healthcare, proximity sensors are used in medical devices for patient monitoring, contactless temperature measurement, and equipment operation. The COVID-19 pandemic has further accelerated the adoption of touchless technologies, providing a boost to this market segment.
Emerging Trends
- Miniaturization and Integration The trend toward smaller, more efficient devices has led to the miniaturization of proximity sensors. This allows for their integration into compact electronics without compromising performance.
- Wireless and IoT Integration Proximity sensors with wireless connectivity are becoming popular, enabling seamless integration with IoT systems. These sensors play a crucial role in smart homes and smart cities, facilitating energy-efficient solutions and real-time monitoring.
- Increased Focus on Sustainability Eco-friendly sensor technologies, such as energy-efficient designs and recyclable materials, are gaining traction as sustainability becomes a priority for industries.
Challenges
While the proximity sensors market is flourishing, it faces certain challenges:
1. High Initial Costs The development and implementation of advanced proximity sensors can be expensive, which may deter small and medium-sized enterprises.
2. Technical Limitations Sensors may face performance issues in extreme environments, such as high temperatures or electromagnetic interference. Continuous innovation is required to overcome these limitations.
3. Intense Competition The market is highly competitive, with numerous players striving to develop cost-effective and technologically advanced solutions.
Future Outlook
The future of the proximity sensors market is promising, with continued advancements in sensor technologies and expanding applications. Innovations like 3D sensing and AI-enabled proximity sensors are expected to redefine the capabilities of these devices. As industries embrace automation and digital transformation, the demand for reliable and efficient proximity sensors will remain strong.
Key Player Analysis:
Omron Corporation
Honeywell International Inc.
Rockwell Automation, Inc.
Schneider Electric SE
Panasonic Corporation
Sick AG
Texas Instruments Inc.
IFM Electronic GmbH
STMicroelectronics N.V.
Broadcom Inc.
Segmentations:
By Technology
Inductive
Capacitive
Photoelectric
Magnetic
By End-user Industry
Aerospace & Defence
Automotive
Industrial
Consumer Electronics
Food & Beverage
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
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