Market Scenario:
Automated passenger counting system uses electronic sensors for recording boarding and alighting data of passengers. The global automated passenger counting system market is projected to grow at a CAGR of 20 % during the forecast period of 2016 to 2022.
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Market Dynamics:
Explosive Growth And Growing Complexity Of Travel And Tourism Is The Prime Driver Of The Market
The explosive growth of travel and tourism, increasing concern of passenger security, growing complexity, and means of travel, demand for real-time information, and customer satisfaction are the prime drivers of the market. Effective management of crowd help to mitigate concerns of security especially in public transport systems is an essential paradigm behind the adoption of passenger counting system.
Development Of Automation And Sensor Technology, And Advent Of Analytics Is Expected To Be The Future Of The Market
The developments in automation and sensor technology, advent of analytics, benefits of price discovery, cost-effectiveness owing to automation, increasing necessity to achieve fleet optimization, demand for smart telematics solutions forecasting, business and operations intelligence gained by the advantage of the passenger counting systems are driving greater adoption. Elimination of errors resulting from manual paperwork, the convergence of information at a single platform and others are the technological drivers of the market. The real-time information presented by systems which help in forewarning about an untoward event, thereby contributing to take corrective action is another driver of the market. Development of greater functionality such as surveillance, capacity prediction, and others are also fuelling the demand.
The pricing of tickets and upgrading to real-time passenger information systems are the most extensive market opportunities for the automated passenger counting system market. The better accuracy and generation of transit use patterns by linking boarding and alighting data with stop or station location is another market opportunity.
Lack Of Awareness Is The Prime Deterrent Of The Market
The high cost of installation and maintenance, lack of awareness, and concerns over data security are prime deterrents of the market growth.
The key drivers for the growth of the automated passenger counting system are and growing urbanization. Also, government regulations supporting automated supporting system installations in the North-American region. However, the high initial cost in the price-sensitive emerging economies and relatively quick return on investment is hindering the growth of the market.
Geographically, North America accounted for the most significant market share in the global automated passenger counting system market whereas Asia-Pacific region is expected to grow at a fast pace over the forecast period 2016-2022.
Dominant Players
The prominent players operating in the global automated passenger counting system market report include Ris-GmbH (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurotech S.p.A. (Italy), DILAX Intelcom GmbH (Germany), Infodev Electronic Designers International Inc. (Canada), Cisco Systems, Inc. (U.S.) Siemens AG (Germany), Hitachi, Ltd. (Japan), Huawei Technology Co., Ltd. (China), Clever Devices Ltd. (U.S.), Retail Sensing Ltd. (U.K.), Syncromatics Corp. (U.S.), and Trapeze Group (Canada) and others.
Segments:
The global automated passenger counting system market is segmented by technology, application, end-users, and region.
By technology, the market is segmented into infrared, stereoscopic vision, time-of-flight, IP cameras.
Based on application, the market is segmented as railways, roadways, airways. Railways accounted for the most significant market share owing to need for real-time information related to train timetables, train delays, current location, emergency announcements, advertisements and infotainment services.
Based on end-users, the market is segmented into buses, trains, ferry boats among others.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific and rest of the World.
Regional Analysis:
North America is dominating the passenger counting system market followed by Europe. Asia-Pacific is anticipated to be the fastest growing markets in China and India dominating the market. The rest of the world is projected to generate a moderate growth. Europe is supposed to be dominated by Germany, France, and Italy.
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Market Scenario: Automated Passenger Counter is an electronic device available for installation on transit vehicles including buses and rail vehicles which accurately records boarding and alighting data.
The technology helps to improve the accuracy and reliability for counting the number of passenger that board and leave at every stop over traditional methods of manually counting by drivers or by random estimation.The devices are becoming more common in the American region for operators to seek better accuracy and analyze transit use patterns by linking boarding and alighting data with stop or station location.Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2398The key drivers for the growth of the automated passenger counting system are cost-effective, increasing need to achieve fleet optimization, demand for smart telematics solutions, technological advancements passenger information systems and growing urbanization.
Even, the pricing of tickets and augmentation to existing real-time passenger information systems are the opportunities for the automated passenger counting system market.However, high initial cost in the price sensitive emerging economies and relatively quick return on investment are hindering the growth of the market.Geographically, North-America accounted for the largest market share in the global automated passenger counting system market whereas Asia-Pacific region is expected to grow at a fast pace over the forecast period 2016-2022.The global Automated Passenger Counting System Market is expected to reach USD 300 million by the end of 2022 with ~20% CAGR during forecast period 2016-2022Segments:The Global automated passenger counting system market has been segmented on the basis of technology, application, end-users and region.
By technology, the market has been bifurcated into infrared, stereoscopic vision, time-of-flight, ip cameras.
On the basis of application, the market can be segmented as railways, roadways, airways.
Further, the market has been segmented into four regions which include- North America, Europe, Asia-Pacific and RoW.On the basis of application, the market can be segmented into Railways, Roadways, Airways .
Big Data Software Market ResearchBig data software’s are enterprise-class information technology platforms, providing features and functionalities for developing, deploying, operating and managing big data by patterns recognition, correlations, trends discovery, and other from huge datasets.
The global big data software market is anticipated to grow at a CAGR of 13 % during the review period of 2017 to 2023.Market ScenarioGrowing Big Data And Potential Applications Expanse Is Driving A Large MarketThe worldwide digital healthcare data reached a quantum figure of around 500 petabytes in 2012 alone and which is anticipated to reach 25,000 petabytes by 2020.The applications of big data include differentiating pricing strategies and price optimization, search engine optimization (SEO), advanced forecasting of patterns, better sample selection and others.
The business opportunities include quantification of the link between actions and revenues, higher market penetration, better customer targeting and engagement, economies of personalized medicine, real-time data for feedback and brand equity, corrective actions for customer switching, greater product differentiation, not to mention better customer satisfaction.Growth In Capacity And Capabilities In Technology Are Driving Greater AdoptionAdvances in database management and technology such as relational and parallel database architecture, development of data specific languages such as python, R and others are driving faster adoption as big data software’s are now capable of handling large and complex data sets.
Development of big data platform that blends traditional technologies suited for structured data, with new technologies designed to manage unstructured data address speed, flexibility, advanced analytics, ideal for data exploration, discovery, and unstructured analysis.
The increase in adoption of smart devices and the shift to digital technologies are significant drivers of market growth.High Installation And Maintenance Cost Coupled With Nascent Stage Of Technology Is Hampering The MarketHigh installation and maintenance cost coupled with the nascent stage of technology is the prime deterrent of the market.
Other market barriers are legal restrictions, data security, privacy concerns, problems with data collection and processing, integration of multi-point and multi-sectorial cross-channel data, and others.Some of the key players in the market: IBM (U.S.), Oracle (U.S.), Microsoft (U.S.), HPE (U.S.), SAP (Germany), Amazon Web Services (US), SAS Institute (U.S.), Dell Technologies (U.S.), Teradata (US), Splunk (U.S.), Palantir Technologies (U.S.), Cloudera (U.S.), Hitachi (Japan), Guavus (U.S.), 10data (U.S.) and others.More Information@Big Data Software Market - Forecast 2023 | MRFRbig data software market is expected to grow at a CAGR of approximately 13% during the forecast…Read on marketresearchfuture.comAbout Market Research Future:At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.Contact:Market Research Future+1 646 845 9312Email: [email protected]
Big Data Software MarketA new market study, titled “Big Data Software Market” has been featured on Market Research Future.Big data software’s are enterprise-class information technology platforms, providing features and functionalities for developing, deploying, operating and managing big data by patterns recognition, correlations, trends discovery, and other from huge datasets.
The global big data software market is anticipated to grow at a CAGR of 13 % during the review period of 2017 to 2023.More Information@ https://www.marketresearchfuture.com/reports/big-data-software-market-4974Market ScenarioGrowing Big Data And Potential Applications Expanse Is Driving A Large MarketThe worldwide digital healthcare data reached a quantum figure of around 500 petabytes in 2012 alone and which is anticipated to reach 25,000 petabytes by 2020.
The applications of big data include differentiating pricing strategies and price optimization, search engine optimization (SEO), advanced forecasting of patterns, better sample selection and others.
The business opportunities include quantification of the link between actions and revenues, higher market penetration, better customer targeting and engagement, economies of personalized medicine, real-time data for feedback and brand equity, corrective actions for customer switching, greater product differentiation, not to mention better customer satisfaction.
Growth In Capacity And Capabilities In Technology Are Driving Greater AdoptionAdvances in database management and technology such as relational and parallel database architecture, development of data specific languages such as python, R and others are driving faster adoption as big data software’s are now capable of handling large and complex data sets.
Development of big data platform that blends traditional technologies suited for structured data, with new technologies designed to manage unstructured data address speed, flexibility, advanced analytics, ideal for data exploration, discovery, and unstructured analysis.
Market scenario:The data analysts at Market Research Future Reports (MRFR) have revealed that the global Quantum Cryptography Market Report is estimated to thrive at a CAGR of 14% during the forecast period from 2017 to 2023.
Precise research is being conducted on the aftermath of coronavirus on the global quantum cryptography market.
Furthermore, the increasing demand for advanced security solutions across various sectors is estimated to produce potent opportunities for the global market.
On the basis of application, the worldwide quantum cryptography market can be segmented into application security, database encryption, and network security.On the basis of service, the worldwide quantum cryptography market can be segmented into deployment and integration services, support and maintenance services, and consulting services.On the basis of vertical, the worldwide quantum cryptography market can be segmented into consumer goods and retail, banking and financial services, government and defence, healthcare and life sciences, and I.T and telecom.On the basis of geography, the worldwide quantum cryptography market can be segmented into North America, Asia Pacific, Europe, and Rest of the World (RoW).Competitive Outlook:The worldwide competitors of the quantum cryptography market are Infineon (Germany), P.Q.
Solutions (U.K), Qubitekk (U.S), Nucrypt Llc (U.S), QuintessenceLabs (Australia), Crypta Labs (U.K), Magiq Technologies (U.S), qutools GmbH (Germany), NEC Corporation (Japan), Toshiba (Japan), and a few more.
Regional Analysis:In-depth analysis of North America, Asia Pacific, Europe, and Rest of the World (RoW) has been conducted.
Market InsightMarket reports associated with the healthcare industry recently have been published by Market Research Future states that the global compression therapy market is anticipated to display a CAGR growth of 5.2% during the forecast period.
Compression therapy is being increasingly incorporated in medical organizations for medicating pain cause in legs.
The therapy is practiced evenly over a painful area with the help of compression therapy tools, that are made to worn in forms such as shin sleeves, elbow sleeves, and even masks.
Segmental analysisThe market for compression therapy is segmented on the basis of technique, product, and application.The global compression therapy market is bifurcated into dynamic compression therapy and static compression therapy.The multiple products available in the global compression therapy market are compression braces, compression garments, and compression pumps.
The compression garments segment is sub-segmented into compression bandages and wraps, compression stockings, and others.The applications of compression therapy are deep vein thrombosis treatment, leg ulcer treatment, lymphedema treatment, varicose vein treatment, and others.Regional Analysis:The Americas dominated the global market for compression therapy.
The overall prevalence of this condition is 1%-3% in the population above 65 years of age.Asia Pacific was projected to be the fastest growing region in 2017.
