Identity management is a key issue in a world that is aggressively adopting connectivity to meet every needs. Public and private organisations are using identity management tools to give and manage access to services and entry to particular places. Spearheaded by two eID projects set to commence this year in Japan and Bangladesh, 2015 to…
Research group Technavio has predicted that increased use of iris recognition in multimodal solutions, education and financial services will be key trends in coming years. Projecting that the global iris recognition market will grow at a CAGR of over 21% to reach almost USD 5 billion by 2020, the group stated that the technology is…
According to a new study from market research firm Technavio, “Global Self-service Kiosk Market 2016-2020,” the market size of the global self-service kiosk market is predicted to reach close to $18 billion in revenue by 2020. This represents a compound annual growth rate (CAGR) of 5% between 2016, when the market is expected to be…
After years of strong sales, the tablet market appears to be running out of steam, with IT research firm IDC’s fourth quarter tablet report revealing the worldwide tablet market declined again in Q4 2015, with 65.9 million units shipped. The IDC report noted Huawei’s success smartphone market would likely bleed over into the tablet market…
Google has introduced the Australian accent for its Google Maps and Google Now App on Android, offering a seamless experience for voice commands and directions. The tech giant on 28 January said it worked with a team of Australian linguists to enable the native Australian accent for Google users in the country. In its latest…
The global precious metal market will likely grow at a rapid pace during 2015-19 owing to the increased sales of gold, silver, palladium, and platinum. Europe and the Americas are expected to overtake India and dominate the precious metals market during the forecast period,according to the latest report by Technavio. Financial institutions are increasingly investing…
Global sales of Scotch will have grown by 5% between 2015 and 2020, driven by the premium category and rising disposable incomes, new market research claims. Nearly nine in ten consumers worldwide consider Scotch an “affordable luxury”, which is encouraging producers to release more upmarket brands, according to researchers at Global sales of Scotch will have…
Power electronics used in renewables is likely to see increased adoption across the globe, as the renewable energy sector sees a surge, claims TechNavio in its Global MOCVD Market in Power Electronics report. The global market for metal-organic chemical vapour deposition (MOCVD) power electronics is expected to witness a rapid growth in the coming years,…
According to a TechNavio report, the Global SaaS-based Expense Management market is estimated to grow 19.2% annually over the period 2013 through 2018. Two years ago, SAP completed the $8.3 billion acquisition of Concur Technologies, clearly highlighting the importance of SaaS-based solutions within the expense management space. According to a TechNavio report, the Global SaaS-based…
An investment of $40 million is being made for the development of Bahrain’s first-ever copper tube factory, it has emerged. To be located at the Bahrain International Investment Park (BIIP), the project involves Bahrain’s investment arm, Mumtalakat, US-based Mueller Industries and Cayan Ventures, a GCC-based industrial projects developer and investor, as joint venture partners. The…
