Vibration Sensors Market revenue impact analysis $3.0 billion by 2025

 

According to the new market research report "Vibration Sensors Market with Covid-19 Impact by Type (Accelerometers, Proximity Probes, Displacement Sensors, Velocity Sensors), Monitoring Process (Online and Portable), Equipment, Industry, and Region - Global Forecast to 2025", the vibration sensors market was valued at USD 2.0 billion in 2020 and is projected to reach USD 3.0 billion by 2025; it is expected to grow at a CAGR of 8.2% from 2020 to 2025. A few key factors driving the growth of this market are growing adoption of automated condition monitoring technologies for the development of smart factories, rising use of wireless systems for machine condition monitoring, ongoing transition from preventive to predictive maintenance, and increasing demand for vibration sensors from emerging applications.

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Browse 111 market data Tables and 45 Figures spread through 168 Pages and in-depth TOC on "Vibration Sensors Market with Covid-19 Impact by Type (Accelerometers, Proximity Probes, Displacement Sensors, Velocity Sensors), Monitoring Process (Online and Portable), Equipment, Industry, and Region - Global Forecast to 2025"
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Accelerometers to hold largest share of vibration sensors market during forecast period

Accelerometers are expected to account for the largest share of the vibration sensors market during the forecast period. The growth of this segment can be attributed to the increased use of accelerometers for collecting vibration monitoring data. Piezoelectric accelerometers are the most commonly used sensors in vibration monitoring applications. They are suitable for a wide band of frequencies, ranging from very low to very high frequencies. These accelerometers are also available in a wide variety of application-specific designs.

Energy and power industry to account for the largest share of vibration sensors market during forecast period

The Energy and power industry is expected to account for the largest share of vibration sensors market during forecast period. The power industry is facing challenges owing to the continuously increasing demand for power and the requirement to reduce distribution losses. This has led power generation companies to offer continuous power supply at low costs and monitor their processes for any unwanted changes. Hence, vibration sensors play a crucial role in the power sector.

Vibration sensors market in APAC to grow at highest CAGR during forecast period

Ongoing industrialization, growing adoption of predictive maintenance tools, and increasing competitive pressure on industries such as oil and gas, energy and power, chemicals, and automotive to achieve operational efficiency are fueling the growth of the vibration sensors market in APAC. The expansion of manufacturing activities as a result of the shifting of production bases to APAC countries, such as China, India, and South Korea, with low labor costs, is driving the demand for vibration sensors in the region. However, the outbreak of the COVID-19 has significantly affected the manufacturing sector of APAC. As neighboring countries in the region are linked to one another through trade relations and supply chain, the entire region is affected by this pandemic.

Baker Hughes Company (US), TE Connectivity (Switzerland), SKF (Sweden), Honeywell International Inc. (US), Emerson Electric Co. (US), Robert Bosch (Germany), NXP Semiconductors (Switzerland) Omron Corp. (Japan), Rockwell Automation Inc. (US), National Instruments (US), Robert Bosch (Germany), Dytran Instruments, Inc. (US), KEYENCE Corp. (Japan), Fluke Corp. (US), Wilcoxon Sensing Technologies (US), PCB Piezotronics (US), and SPM instrument (Sweden), are among the major players in the vibration sensors market.

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Artificial Intelligence Market (Chipsets) worth $57.8 billion by 2026

 

According to the latest market research report "Artificial Intelligence (Chipsets) Market by Technology (Machine learning, Natural Language Processing, Context Aware Computing, Computer Vision), Hardware (Processor, Memory, Network), End-User Industry, and region - Global Forecast to 2026", The global AI (chipsets) market size is expected to be valued at USD 7.6 billion in 2020 and likely to reach USD 57.8 billion by 2026, at a CAGR of 40.1% during the forecast period. Major drivers for the market are increasingly large and complex datasets driving the need for AI, the adoption of AI for improving consumer services and reducing operational costs, the growing number of AI applications, the improving computing power, and growing adoption of deep learning and neural networks.

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Browse 213 market data Tables and 50 Figures spread through 288 Pages and in-depth TOC on "Artificial Intelligence (Chipsets) Market - Global Forecast to 2026"
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The computer vision technology projected to grow at the highest CAGR during the forecast period

Computer vision technology is expected to grow at the highest CAGR in the AI (chipsets) market during the forecast period. The growing adoption of computer vision in autonomous or semiautonomous applications in various industries, such as manufacturing and automotive, is propelling the growth of this technology in the AI (chipsets) market.

The GPU segment is expected to grow the fastest during the forecast period

The market for GPUs is expected to grow at the highest CAGR during the forecast period. This growth is attributed to high parallel computing offered by GPUs and increasing adoption of GPUs at servers/edge devices for processing various AI applications/solutions across industry verticals. GPUs and FPGAs are widely used to implement machine learning algorithms. In terms of throughput, GPUs are ~100 times faster than FPGAs, whereas, in terms of power efficiency, FPGAs are 50 times better than GPUs. GPUs are used extensively to accelerate computational workloads, and their capabilities are growing faster than those of x86 CPUs

AI (chipsets) for the manufacturing industry is expected to grow at highest CAGR during the forecast period

The AI (chipsets) market for the manufacturing industry is expected to witness the fastest growth during the forecast period. This growth is attributed to increasing factory automation and growing demand to reduce operational costs. Additionally, trends such as Industry 4.0 are boosting the growth of AI (chipsets) in the manufacturing sector.

AI (chipsets) market in APAC projected to grow at the highest CAGR from 2020 to 2026

The market in APAC is anticipated to grow at the highest CAGR during the forecast period. This growth can be attributed to the adoption of AI services in end-user industries such as manufacturing, healthcare, and automotive in countries such as Japan, China, Australia, and South Korea. Additionally, declining AI hardware costs and increasing demand to improve consumer services are supplementing the growth of the AI (chipsets) market in APAC.

Some of the major players in the AI (chipsets) market are NVIDIA Corporation (NVIDIA) (US), Intel Corporation (Intel) (US), Xilinx, Inc. (Xilinx) (US), Samsung Electronics Co., Ltd. (Samsung) (South Korea), Micron Technology, Inc. (Micron) (US), Qualcomm Technologies, Inc. (US), International Business Machines Corporation (IBM) (US), Google Inc. (Google) (US), Microsoft Corporation (Microsoft) (US), Amazon Web Services (an Amazon.com, Inc. subsidiary) (AWS) (US), Advanced Micro Devices, Inc. (AMD) (US), General Vision, Inc. (US), and Huawei Technologies Co., Ltd. (Huawei) (China).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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North America accounted for the largest share of overall AI in Healthcare Market

 

The AI in healthcare market is expected to grow from USD 4.9 billion in 2020 to USD 45.2 billion by 2026; it is projected to grow at a CAGR of 44.9% during the forecast period. The major drivers for the market are the increasingly large and complex datasets driving the need for AI, surging demand to reduce the increasing healthcare costs, improving computing power and declining hardware costs, growing number of cross-industry partnerships and collaborations, and rising imbalance between health workforce and patients driving the need for improvised healthcare services.

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Browse 64 market data Tables and 43 Figures spread through 140 Pages and in-depth TOC on "3D Projector Market - Global Forecast to 2024"

Sony Corporation (Japan), Optoma (Taiwan), Seiko Epson Corporation (Japan), Barco (Belgium), Vivitek Corporation (Taiwan), Panasonic Corporation (Japan), BenQ Corporation (Taiwan), NEC Display Solutions (Japan), Christie Digital (US), Viewsonic (US), JVCKenwood Corporation (Japan), Digital Projection (UK), Wolf Cinema (US), Dukane (US), Acer Inc. (Taiwan), Boxlight (US), InFocus Corporation (US), Sim2 BV (Italy), Dell (US), and Canon Inc. (Japan) are among a few major players in the 3D projector market.

Based on the offering, the AI in healthcare market has been divided into Hardware, Software, and Services. The market for software accounted for the largest share of AI in healthcare marketin 2020. Many companies are developing software solutions for various healthcare applications; this is the key factor complementing the growth of the software segment. The market for services is expected to grow at the highest CAGR during the forecast perio. The software segment consists of platforms and solutions. These software products are offered by various technology giants, such as Microsoft (US), IBM (US), AWS (US), and Google (US), and various other emerging companies and startups.

On the basis of technology, the AI in healthcare market has been divided into machine learning (ML), natural language processing (NLP), Context-aware Computing, and computer vision.   Machine learning to hold largest share of ai in healthcare market during forecast period. ML is further classified into deep learning, supervised learning, unsupervised learning, reinforcement learning, and others (semi-supervised learning, federated learning, and other ML techniques). Machine learning’s ability to collect and handle big data, and its applications in various healthcare applications, such as patient data and risk analysis, drug discovery, and inpatient care and hospital management, are fueling its growth.

Among all regions, North America is expected to register the highest growth in the AI in healthcare market during the forecast period. The wide-scale adoption of AI technologies across the continuum of care, especially in the US, is the chief factor supporting the growth of the AI in healthcare market in this region. The high expenditure in healthcare infrastructure development and the growing shortage of nursing and technical staff in the US are the main factors driving the growth of the AI in healthcare market in the US.  The AI in healthcare market in APAC is expected to grow at highest CAGR from 2020 to 2026. The growing adoption of AI in drug discovery, virtual assistants, and healthcare robots is expected to foster the growth of the AI in healthcare market in APAC.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Best Virtualization Software for 2020 - Best Released by 360Quadrants

 

Virtualization refers to the formation of a virtual computing resource like a computer, server, or other hardware modules, or a software-based resource like an operating system. The most popular example of virtualization is separating a hard disk through OS installation, where the physical hard drive is divided into numerous logical disks to offer superior data storage and recovery (a type known as 'data virtualization').

Virtualization is the concept of IT resources that hides the physical environment and boundaries of those resources from users.

• More Information :- https://www.360quadrants.com/software/virtualization-software

Market Overview

The Virtualization Software Market is projected to reach US $ 33.76 billion by 2025, at a compound annual growth rate (CAGR) of 15.2%. Virtualization supports in improved recovery of enterprises throughout man-made or natural disasters. It permits for different and fewer hardware at the disaster recovery site. Therefore, it enables easier failover and recovery.

The best virtualization software market is likely to gain from the move that the organizations are making to cut energy consumption, enhance hardware efficiency, and improve sustainability with the help of virtualization.

According to Spiceworks, application virtualization is likely to witness the highest growth among virtualization technologies with implementation projected to increase from 39% in 2019 to 56% by 2021. As compared to small businesses, double as many enterprises have implemented application virtualization.

The ease of handling the IT infrastructure and its elements, both hardware and software, has improved the usage of virtualization solution among the end-users. The advent of cloud services has further enhanced the best virtualization software applications in the hardware virtualization segment. Communication and networking needs have increased the demand for network virtualization in the worldwide market.

The network virtualization market is likely to get more attention from the solution providers with the emphasis on 5G introduction in services, throughout the world. Broadband, fiber network, and other comparable network related solution offer a new prospect for the players in the market.

Owing to the outbreak of COVID 19 pandemic, many companies are urging employees to work from home, which is turning out to be useful for the vendors. This is possible due to rising number of customers and organizations are approaching to these vendors for guidance and support, to allow secure remote-work initiatives, that makes sure the safety and productivity of their employees and to preserve ongoing business operations during this emerging global crisis.

For example, from past few weeks, Citrix has published remote work best-practices and examples from customers across the globe using its virtualization and workspace software solutions to ensure safe and reliable remote access to the software applications.

Storage Virtualization to expand at a substantial rate

Virtualizing the storage has become obligatory, since many enterprise resources are decentralizing and rising in volume. It is also known virtual SAN or Software Defined Storage.

Storage virtualization can permit many storage units to be merged in one. Moreover, it can eliminate any physical storage in view. It is supportive for the organizations, that pay extra in hardware or for the companies who cannot meet SLA, owing to lack of storage facilities.

As per DOMO's Data Never Sleeps 6.0 Report, Amazon dispatched around 1,111 packages per minute, the Weather Channel collected nearly 180,55,555 forecast requests per minute, and Google performed approximately 38,77,140 requests per minute in 2018. To store the growing amount of data, hardware devices are insufficient.

Storage virtualization products, like IBM's SAN Volume Controller (SVC) and Hitachi Data Systems Corp.'s USP V, state to virtualize various types and brands of storage systems, making them possibly helpful to companies that have undertaken a merger or acquisition.

The market for the best virtualization software is mainly dominated by key players, like VMware, Oracle, and Microsoft, which provide virtualization software utilized by all large and small enterprises. Collaborations, like Dell with Microsoft and VMware, permit easier IT operations.

March 2020 - Microsoft has declared the acquisition of Affirmed Networks, a startup that provides fully virtualized, cloud-native mobile network software solutions. Microsoft intends to combine Affirmed Networks’ technology into Microsoft Azure to allow the telecommunications business implement and maintain 5G networks through the cloud instead of just hardware and software.

December 2019 - Red Hat, Inc., revived the FIPS 140-2 security validations for Red Hat Enterprise Linux 7.6. Determined by the NIST (National Institute of Standards and Technology), FIPS 140-2 is a computer security standard that identifies the needs for cryptographic modules. Red Hat Virtualization also uses the FIPS 140-2 re-validated cryptography component.

Augmented Reality Market worth 117.40 Billion USD and Virtual Reality Market worth 33.90 Billion USD by 2022

According to the new report "Augmented Reality and Virtual Reality Market by Device Type (HMD, HUD, Handheld Device, Gesture Tracking, Projector and Display Wall), Component (Sensor, Display, Camera, and Software), Vertical, and Geography - Global Forecast to 2022", the global augmented reality market is expected to reach USD 117.40 Billion by 2022, at a CAGR of 75.72% between 2016 and 2022. 

The augmented reality market would increase dynamically in the near future owing to the high penetration of HMDs in the market. The global virtual reality market is expected to reach USD 33.90 Billion by 2022, at a CAGR of 57.84% between 2016 and 2022. The increasing demand for AR and VR technology-based products in various verticals such as consumer, aerospace & defense, commercial, and medical is responsible for the market growth.

                                   

Browse 156 market data Tables and 74 Figures spread through 256 Pages and in-depth TOC on "Augmented Reality and Virtual Reality Market  - Global Forecast to 2022"

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Increasing demand for HMDs enabled with augmented reality and virtual reality in medical and commercial verticals would propel the market growth

Augmented reality technology-based HMDs have a large application in medical and commercial verticals that would drive the market. In the medical vertical, they are used in training with the help of 3D models and in surgeries. They also are used in marketing, retail, and advertising in the commercial vertical.

Software components held the largest market share in 2015 and are expected to exhibit highest growth during the forecast period

The augmented reality and virtual reality market based on technology comprises hardware components and software components. The software component includes software solutions, software developer kits, and cloud services that are implemented in several hardware devices. The augmented reality and virtual reality market for the software component is expected to grow at the highest CAGR between 2016 and 2022 owing to the high demand of software apps for gaming and other applications.

APAC is expected to witness high growth during the forecast period and hold the largest market share

The APAC region is the fastest-growing market because of the growing consumer market in countries such as China, Japan, South Korea, and others. There are many startups in APAC; considering the  growing demand for AARVR in various verticals, many established companies in the North American are investing in this region through strategic partnerships and collaborations with new players. They also aim at providing the necessary infrastructure to encourage the adoption of the technology in the market.

The market is dominated by major players such as Google Inc. (U.S.), Metaio GmbH (Germany), Infinity Augmented Reality Inc. Oculus VR, Inc. (U.S.), Samsung Electronics Co., Ltd. (South Korea), Eon Reality, Inc. (U.S.), Vuzix Corporation (U.S.), CyberGlove Systems Inc. (U.S.), Microsoft Corporation (U.S.), and others.

The report describes market trends and drivers & challenges for the growth of the global augmented reality and virtual reality technology market, and estimated market size between 2016 and 2022. The global AR and VR market is segmented on the basis of technology, device type, component, vertical, and geography. This global report provides a detailed analysis of the market across North America Europe, Asia-Pacific, and RoW.