Positive growth for many segments of the global IT security market expected over the next four years as several markets including BYOD security, mobile payment security software, and contactless smart card market in banking sector, will witness an increase in revenues, as forecasted by research firm Technavio.The company predicted the global contactless smart card market…
In the days leading up to and through Memorial Day at P.C. Richard & Son in Danbury, it had shaped up as among the busiest seasons manager Chris Ramsey has seen for air conditioner sales. The store cleared through its existing stock in four days and received a new truckload on Wednesday as temperatures hovered…
According to Technavio, a London-based technology research and advisory company, Trumpf, which has its North American headquarters in Farmington, and Nufern, which has its world headquarters in East Granby, are among the top dozen globally.According to the report, the global fiber laser market has high growth potential primarily because of an increase in fiber laser…
Walmart is expanding its grocery business and going after online retailer Amazon in the process.The retail giant announced Friday that it will be partnering with ride-hailing services Uber, Lyft and delivery startup Deliv to test same-day grocery deliveries. Walmart has been expanding its online grocery business in recent years, letting customers order online and then simply…
A typical industrial robot comes with a fence around it to keep away humans from getting too close and getting hurt, but YuMi doesn’t need one. Its grippers are dexterous too—it can handle anything from a watch to a tablet PC.The research and development (R&D) centre in India had a “major role to play in…
Today, many insurers are still working to get their arms around these concepts. In the meantime, the insurance industry is being impacted by external forces that are changing the ways that insurers do business. For example, a recent study by market research firm Technavio states that the four biggest trends impacting the insurance industry right…
U.S. payments technology provider Verifone cut its guidance for full-year earnings on Tuesday by around 17 percent, blaming pricing pressure in Asia and delays in implementing chip-card technology in the U.S.Together the two, which were both founded in the 1980s, account for 80 percent of the market for payment terminals — their core bread-and-butter $3.4 billion…
The Distilled Spirits Council of the United States (DISCUS) divides all spirit categories into four segments: Value, Premium, High End, and Super Premium. The price points of each depend on the particular spirit, and is not categorized by the retail price per bottle, but rather by supplier revenue per case. Across all spirits, Value sales…
Adoption of wearables in U.S. classrooms will supposedly grow at 46 percent annually till 2020, as more schools start to test virtual and augmented reality, fitness and location trackers.Research firm Technavio says that like iPads, wearables will become commonplace in the classroom, providing students with ways to enhance their learning and have a more enriching…
According to Technavio’s analysts, the Mexican department store market will reach $254.8 billion by 2020, recording a CAGR of 5.57%.
