Sterlite Technologies Leads Optical Fiber Cables Market in India

Government initiatives coupled with growing investments in data centers and increasing popularity of FTTH (Fiber to the Home) to drive India optical fiber cables market through 2024

According to TechSci Research report, “India Optical Fiber Cables Market By Type, By Material, By End User, Competition Forecast & Opportunities, 2014 – 2024’’, optical fiber cables (OFC) market in India is forecast to grow at a CAGR of 19.7% during 2020-2024. Large nationwide projects, including Digital India, National Fiber Spectrum and National Optical Fiber Network; rising internet penetration, and surging number of smartphone users are some of the key factors driving India OFC market. Moreover, increasing popularity of cloud computing services, such as Software-as-a-Service and Infrastructure-as-a-Service, and rising adoption of OFC for FTTH connectivity are further expected to propel demand for optical fiber cables in India.

Browse 3 market data Tables and 34 Figures spread through 103 Pages and an in-depth TOC on “India Optical Fiber Cables Market"

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Surging deployment of OFC network by IT & telecom companies, led by state-owned Bharat Sanchar Nigam Limited (BSNL) and RailTel, in addition to increasing investments by companies in data centers to offer seamless internet connectivity and transmission of digital information, is expected to aid India OFC market during forecast period. Among types, single-mode optical fiber cables are dominate the market backed by increasing number of internet-enabled devices and growing demand from IT & telecom and government sectors. Sterlite Technologies Limited, Himachal Futuristic Communications Ltd., Aksh OptiFiber Limited, Finolex Cables Limited, Birla Cables Limited are some of the major companies operating in India OFC market.

“OFC is gaining popularity across India, with leading IT & telecom companies and MSO (Multiple System Operator) companies demanding OFC for improving internet connectivity, mitigating data loss, offering FTTH connectivity and expanding their customer base. In addition, Smart Cities Vision and rising popularity of cloud computing services in the country are expected to play a major role in driving adoption of OFC in India, thereby transforming India into a high potential market for OFC companies.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Optical Fiber Cables Market By Type, By Material, By End User, Competition Forecast & Opportunities, 2014 – 2024” has evaluated the future growth potential of India optical fiber cables market and provides statistics and information on market size, structure and future market growth. The report offers decision makers superior market intelligence, thereby enabling them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market scenario along with drivers, challenges and opportunities prevalent in India OFC market.

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Organized Players Grab Over 80% of Canada Facility Management Market: TechSci Research

Increasing outsourcing of FM services by organized players, growing influence of foreign real estate players and rising number of favorable government initiatives to fuel Canada facility management market through 2023 

According to TechSci Research report “Canada Facility Management Market By Service, By Application, By Spending Pattern, By Market Penetration, Competition Forecast & Opportunities, 2013 – 2023’’, the facility management market in the country is forecast to reach around $ 40 billion by 2023. In 2017, more than 580 organized players were engaged in providing facility management services in Canada, and these players cumulatively accounted for a market share of more than 80% in the country’s FM market in the same year. Moreover, growing influence of foreign players in the country’s real estate market, increasing demand for sustainable facility management solutions, rising number of favorable government initiatives directed towards Canada’s service sector, are anticipated to be the primary factors driving Canada facility management market over the coming years.

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"Canada Facility Management Market"

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CBRE Group, BGIS, Carillion Canada, JLL and Cushman & Wakefield are the key facility management providers in Canada. Cleaning and property facility management services are likely to capture the dominating share in the country’s facility management market during the forecast period, backed by booming real estate sector in Canada. Ontario accounts for the largest share in Canada facility management market, due to the presence of huge population and highest number of commercial, industrial and residential buildings in the region.

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“As of 2017, Canada facility management market has been majorly dominated by the residential application segment, owing to strong demand for cleaning and property services, such as building maintenance, HVAC maintenance, etc. As the country is seeking to reduce its dependence from natural resources to non-oil based sectors, such as real estate, demand for facility management services is expected to grow over the coming years”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Canada Facility Management Market By Service, By Application, By Spending Pattern, By Market Penetration, Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of the Canada facility management market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the Canada facility management market.

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Contactless Payment Market to Grow at 24% CAGR until 2022: Tech Sci Research

Lower transaction time, higher operational efficiency and growing government initiatives for digital payments to increase deployment of contactless payment solutions across the globe through 2022

According to TechSci Research report, “Global Contactless Payment Market By Device Type, By Component, By Solution, By End User, By Region, Competition Forecast and Opportunities, 2012-2022”, the global contactless payment market is projected to register a CAGR of over 24% during 2017 - 2022. Growth in the market is led by rising number of government initiatives for promoting digital payments coupled with continuously increasing penetration of internet and smartphones, globally. Moreover, contactless payments offer more security in transactions and also reduce the time for making payments, which is further driving the global contactless payments market. In addition, banks are also playing a pivotal role in leveraging contactless payment solutions as they are now increasingly distributing credit/debit cards with the contactless feature, especially in the Europe, Canada and Australia. For instance, in Europe, it is becoming a mandate that every point of sale terminal is contactless payment enabled, and by 2020, every POS in majority of European countries is expected have contactless payment feature. Furthermore, growing millennial population using smartphones with NFC capability is also positively impacting the global contactless payments market.

Browse 108 market data Tables and 84 Figures spread through 227 Pages and an in-depth TOC on "Global Contactless Payment Market"

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Among all the solution segments of contactless payments, payment terminal solution held the largest market share in 2016, and the segment is expected to maintain its dominance through the forecast period. The dominance of this segment can be attributed to their requirement in accepting any sort of contactless payments, either through contactless cards or smartphones. However, security & fraud management solution segment is expected to grow at the fastest CAGR during the forecast period due to growing number of security concerns.

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Among the end use segments, retail sector dominated the market with increasing implementation of contactless payment solutions due to large customer base and a huge volume of payment transactions to be handled on a daily basis.  Among regions, Europe leads the contactless payments market across the globe, followed by North America and Asia-Pacific. “Growing adoption of contactless payments solutions and services across various sectors is expected to grow immensely owing to its large benefits in terms of security, efficiency, convenience and time. Moreover, growing awareness among people about the contactless payment solutions would further steer the growth in contactless payment market across the globe in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Contactless Payment Market By Device Type, By Component, By Solution, By End User, By Region, Competition Forecast and Opportunities, 2012-2022” has evaluated the future growth potential of global contactless payments market and provides statistics and information on market structure, size, share and future growth of global contactless payments. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the global contactless payment market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Wireless Technology to Gain Traction in Hi-Fi System Market through 2022: TechSci Research

Advent of wireless technology coupled with the rising demand for speakers and home theaters from residential sector is expected to drive global Hi-Fi system market through 2022

According to TechSci Research report, “Global Hi-Fi System Market By System, By Technology, By Application, By Region, Competition Forecast & Opportunities, 2012 - 2022”, the global Hi-Fi system market is projected to surpass $ 18 billion by 2022. Anticipated growth in the market is led by increasing purchasing power of consumers in developing countries and rising youth population getting more aware about technology than ever before. With the booming media and entertainment sector, demand for high quality audio, and consequently, Hi-Fi systems is also growing. Gaming companies are increasingly focusing on offering a more immersive consumer experience, which is making the gamers to purchase Hi-Fi audio equipment to indulge in wholesome gaming experience. The advent of wireless technology is spreading rapidly in the residential, commercial and automotive sectors, which in turn, is expected to boost demand for wireless technology enabled Hi-Fi audio systems through the forecast period.

Browse 97 data Tables and 99 Figures spread through 187 Pages and an in-depth TOC on 

"Global Hi-Fi System Market" https://www.techsciresearch.com/report/global-hi-fi-system-market/2090.html

On the basis of system, the global Hi-Fi system market is segmented into Product, Device and Digital Audio Player (DAP). Product segment leads the global Hi-Fi system market and is expected to dominate during the forecast period as well on the back of increasing availability and adoption of sound systems. However, DAP is expected to grow at the fastest pace during the forecast period owing to the increasing awareness among consumers and audiophiles about the high-resolution audio quality produced by such devices.  In the technology segment, wireless technology is growing at a rapid pace owing to the widespread adoption and incorporation of the technology in majority of the audio devices.

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Among regions, North America is the largest Hi-Fi system market on account of the region’s tech-savvy population and high per capita income, followed by Europe and Asia-Pacific. However, Asia-Pacific is anticipated to be the fastest growing region in the global Hi-Fi system market during the forecast period. In 2016, Sony Corporation was the largest player in the global Hi-Fi system market, followed by LG Electronics, Inc., Samsung Electronics Co., Ltd., and Bose Corporation, among others. “Innovations in wireless technology is stimulating growth in the global Hi-Fi system market. Moreover, digitalization of systems and rising popularity of lossless formats is further expected to surge demand for Hi-Fi systems, globally, during the forecast period. Additionally, rising awareness among users, especially youngsters, about high resolution audio would further steer market growth in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Hi-Fi System Market By System, By Technology, By Application, By Region, Competition Forecast & Opportunities, 2012 - 2022” has evaluated the future growth potential of Hi-Fi system market and has also provided statistics and information on market structure, size, share and trends. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities prevalent in the global Hi-Fi system market.

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About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Digital Twin Market to Grow at Staggering 36% CAGR through 2022: TechSci Research

Rising adoption of Industry 4.0 standards, increasing penetration of SMACT technologies and burgeoning digitalization to fuel the global digital twin market through 2022

According to TechSci Research report, “Global Digital Twin Market By Application, By End User Sector, By Region, Competition Forecast & Opportunities, 2012 – 2022”, the global digital twin market is projected to exhibit a CAGR of 36.5%, in value terms, during the forecast period 2017-2022. Increasing deployment of digital twin technology in manufacturing, transportation, energy & utilities, healthcare, consumer goods, agriculture and several other sectors is expected to drive the global digital twin market over the coming years. Additionally, Smart Factory revolution - Industry 4.0, rapid adoption of SMACT (Social, Mobile, Analytics, Cloud and Internet of Things) technologies, and rising inclination towards digitization across the globe would aid the global digital twin market during the forecast period.

Browse 84 market data Tables and 84 Figures spread through 172 Pages and an in-depth TOC on   

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In terms of application, manufacturing process planning is expected to dominate the digital twin market across the globe through 2022, on account of its ability to provide Mechanical/Electrical Computer Aided Designing (MCAD/ECAD), Electronic Design Automation (EDA), resource optimization, etc. In 2016, manufacturing sector held the largest value share in the global digital twin market, backed by rapidly proliferating digitalization, rising demand for ‘connected and smart’ devices, and adoption of smart analytics. Moreover, over the coming years, energy & utilities sector is expected to emerge as the fastest growing segment due to rising adoption of Industrial Internet of Things (IIoT) for machinery management, predictive and preventative analytics coupled with increasing use of smart grids in oil & gas sector.

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“There has been an increase in the adoption of digital twin software across various end user sectors, attributed to growing data mobility, digitalization of industrial assets from records, process planning to blueprint of system designs, and rising adoption of Industrial Internet of Things across heavy industries including manufacturing, energy & utilities, healthcare and aerospace & defense. Furthermore, owing to equipment designing, automated workflow management, and monitoring capabilities offered by digital twin technology, its deployment across the energy & utilities sector is expected to grow over the coming years”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Digital Twin Market By Application, By End User Sector, By Region, Competition Forecast & Opportunities, 2012 – 2022” has evaluated the future growth potential of the digital twin market and has also provided the statistics and information on market structure, size, and trends of the global digital twin market. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the market.

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About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Philips Lighting to Continue its Dominance in Global Smart Lighting Market: TechSci Research Report

Increasing demand for energy efficient lighting solutions, rising technological advancements across various lighting control systems to drive global smart lighting market through 2022

According to TechSci Research report, “Global Smart Lighting Market By Product Type, By Communication Technology, By Software & Services, By Light Source, By Application, By Region, Competition Forecast & Opportunities, 2012-2022’’, the global smart lighting market is projected to surpass $ 20 billion by 2022 on account of increasing initiatives by various governments towards energy saving and development of smart cities. Moreover, technological advancements in lighting control system and increasing demand for smart street lights are further expected to boost demand for smart lighting in the coming years. In addition, the smart lighting market is gaining growth momentum with various leading lighting manufacturers increasing their focus on developing and offering advanced lighting products and systems such as LED luminaries, lighting controls, software management platforms, etc., for indoor as well as outdoor lighting applications.

Browse 120 market data Tables and 118 Figures spread through 206 Pages and an in-depth TOC on "Global Smart Lighting Market"

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On the basis of product type, global smart lighting market is segmented into lighting controls, fixtures and smart bulbs. With the largest market share in 2016, lighting controls segment dominated the global smart lighting market, and the segment is expected to continue dominating during the forecast period as well on the back of rising adoption of home automation solutions. Wired technology is dominating the smart lighting market globally, however during the forecast period, wireless technology is expected to gain market traction owing to rising number of connected devices and increasing internet penetration. Among light source, LEDs lead the market on account of their increasing deployment in lighting sector.

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Philips Lighting N.V. dominated the global smart lighting market in 2016, and the company is expected to maintain its leadership position during the forecast period as well. Other major market players include Acquity Brands Lighting Inc., General Electric Company, and Honeywell International. Among regions, Europe accounted for the largest revenue share in global smart lighting market in 2016, owing to rising deployment of smart lighting systems across various sectors coupled with increased focus on enhancing product efficiency, favorable government initiatives, etc., across the region. “Increasing adoption of advanced and energy efficient lighting solutions across various applications throughout the globe is fueling demand for smart lighting solutions. Moreover, rapid technological advancements and emergence of Li-Fi (Light Fidelity) technology is further expected to steer the global smart lighting market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Smart Lighting Market By Product Type, By Communication Technology, By Software & Services, By Light Source, By Application, By Region, Competition Forecast & Opportunities, 2012-2022” has evaluated the future growth potential of global smart lighting market and provides statistics and information on market size, structure and future market growth. The report offers decision makers superior market intelligence, thereby enabling them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market trends along with drivers, challenges and opportunities in global smart lighting market.

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About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends

Contact

Mr. Ken Mathews

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India UPS Market Forecast and Opportunities , 2022 TechSci Research