Technavio’s latest report on the Global Gesture Recognition Technology market says that over 1 billion smartphones are being used across the world. In such a massive market, mobile phone manufacturers are under more and more pressure to produce cutting edge technology in order to stay relevant. New smartphone models are released almost daily, forcing producers…
The Global Computer-aided Engineering (CAE) market is going through a sea change. Currently, the global CAE vendors generate around 63 percent of their revenue from developed countries like US, Germany, Japan, UK and France. But this would change in all likelihood. In the developing world CAE adoption is gaining momentum. In the APAC region countries…
After being hit by the 2009 recession, the Global Hydraulic Cylinder Market is finally back on the rise. The market’s CAGR for 2012-2016 is higher than it’s been in years, at 4.7 percent. This upward trend can be credited to the international demand for outsourced manufacturing and the call for material handling equipment across the…
Many gadgets that used to only exist in the fantasy and sci-fi worlds of television and film have evolved into highly functional tools meant to be used in our day to day lives. Such is the case with augmented reality applications and Head-Mounted Display devices (HMDs). The use of HMDs as a tool in…
As the Greek philosopher Heraclitus rightly said, nothing endures but change. This holds good in the world of data center racks. In today’s age of information, the demand for data storage is growing, leading to an increase in the demand for data center services, thereby increasing the requirement for data center racks and storage devices….
Currently, the forecast for passenger car tire demand in the US and Europe looks weak. This has a negative impact on both, the Original equipment manufacturer (OEM) and aftermarket segments. Therefore, given the weak scenario in the Western markets, global passenger car tire manufacturers are increasing their focus on the market in China. The aftermarket in…
The future of global Computer-Aided Design (CAD) software market looks promising. According to the recent research report published by the leading technology research and advisory firm TechNavio, the global CAD software market is likely to grow at a CAGR of 8.60 percent during 2012-2016. The report explains the different factors driving this market; three of…
By the end of this year, close to three quarters of server workloads are expected to be virtualized. Thus, as server workload virtualization is fast reaching the point of saturation, the adoption curve for virtualized server workloads is expected to flatten out and as a result, growth opportunities in server virtualization are expected to diminish….
TechNavio has been observing with keen interest the potentially disruptive impact tablets had on traditional point of sale (POS) systems, in the Hospitality industry. It seems quite difficult to argue in favor of traditional POS systems, which generally cost upwards of $10,000, against the monthly subscription pricing model available with tablet-based POS systems. However, there…
In 2015, the Global Convergent Charging Software and Service market is likely to touch US$3.44 billion mark. It was valued at US$1.31 billion in 2011 and is estimated to be growing at a CAGR of 27.3 percent during 2011 to 2015. One of the key reasons for this exceptional growth is the increasing adoption of…
