Deployment of Mobile Edge Computing enables Customized and Innovative Network Services for Operators and Vendors

World over, the need for cloud computing capabilities in mobile networks for carrying out enormous compute and storage-intensive applications is gathering steam in consumer markets. The need for potentially- powerful distributed computing environments for supporting these applications in an IT service environment has triggered the demand for mobile edge computing (MEC). MEC architecture has brought cloud computing to the fore by deploying applications and processes near to cellular customers, decreasing latency, meeting high-bandwidth requirements, and enhancing the user experience. In various parts of the world, application providers gaining access to radio network information in real time are leveraging the potential of mobile edge computing technology to offer customized applications and innovative services with higher quality of customer experience.

The rapidly expanding use cases of mobile edge computing, notably internet-of-things and augmented reality, is helping players explore new markets. The emerging industry standards for deploying MEC and the rapid adoption of MEC server platforms is opening new revenue streams for telecom operators, content providers, and third-party vendors. Furthermore, the ongoing developments in 5G and other next-generation technologies in several developing and developed nations are underpinned by MEC technologies. The market is headed for exciting prospects in the coming years.

According to Transparency Market Research (TMR), the global mobile edge computing market is projected to surge from US$73.8 million in 2016 to reach a worth of US$4228.3 million by 2025 end. The presence of stalwarts and big technology players focused on developing technology advanced applications and services for various industry verticals will keep future avenues bustling with opportunities.

Which component is expected to witness wide adoption in the coming years?

The major components of mobile edge computing network architecture comprise hardware, software, and service. Of these, hardware is the clear winner witnessing extensive demand as it serves as a key determinant of the deployment of mobile edge computing platforms. The extensive demand for processors, switches, servers, and routers to be used in MEC networks is a key factor bolstering the demand. The substantial demand for MEC hosting infrastructure among mobile network operators to offer innovative services is also accentuating the demand for hardware components.

According to TMR, the segment accounted for a lion’s share 80.0% in 2016 in the overall market. The vastly rising demand for IoT devices is also bolstering the demand for MEC platforms.

A number of players in developed nations are intensifying their efforts to update their infrastructure and platforms to facilitate the development of mobile edge computing networks. To support one of these initiatives, the Open Networking Foundation (ONF), a consortium of operators offering advanced solutions, has in December 2017 upgraded its Central Office Re-architected as a Data Center (CORD) code, called 4.1 release, offering a single distribution platform for all subscribers—residential, mobile, and enterprise packages. The CORD project hopes to become one of the key infrastructure for mobile computing platforms. The CORD 4.1 release is a unified platform for various subscribers looking for leveraging the potential of edge computing.

Which regions are likely to stoke the demand for mobile edge computing technologies?

The various regional markets for mobile edge computing are the Middle East and Africa (MEA), Asia Pacific, Europe, and North America. Europe stands out as the leader witnessing substantial adoption of MEC networks. The demand for MEC is driven by the staggering rise in monthly data consumption in various parts of the region and the burgeoning adoption of devices under the IoT network.

North America is another prominent regions for the uptake of mobile edge computing systems and services. The regional market, led by the U.S., is witnessing several exciting developments by globally prominent and regional hardware and software vendors. However, market players are likely to shift their focus toward developing regions such as Asia Pacific and MEA. A burgeoning mobile subscriber base and the soaring popularity of IoT devices and compute in these regions are noteworthy trends that will spur demand for MEC in the coming years. 

High-flow Nasal Cannula Market: Increasing Prevalence of Respiratory Disorders to Bolster Market Growth

A nasal cannula refers to that very device which is used for the purpose to delivering increased airflow or supplemental oxygen to a patient who is in dire need of the assistance of respiratory therapy. A nasal cannula is also known as nasal oxygen cannula.

The global vendor landscape of the said market is quite a fragmented one with the presence of numerous players. MEK-ICS CO., LTD., ResMed, Inc., Fisher & Paykel Healthcare Limited, Becton, Teijin Pharma Limited, Teleflex Incorporated, Flexicare Medical Limited, Vapotherm, Inc., Dickinson and Company, Hamilton Medical, Great Group Medical Co., Ltd., Smiths Medical, TNI medical AG, and Salter Labs are some of the prominent names that comprise the market vendor landscape. Of all of these, Fisher & Paykel Healthcare Limited has appeared as the leader of the market for high-flow nasal cannula in the year 2016.

The world market for high-flow nasal cannula is driven by a numbers of factors. At the very front, exists the burgeoning number of respiratory disorder cases. In addition to that, phenomenal popularity and the adoption of heated humidified high-flow nasal cannulas together with increased investments in programmes of research and development by several market players are further bolstering the growth of the market. An increasing inclination towards product diversification and cost-effective product are also poised to drive market growth.

This market research report by Transparency Market Research estimates that the world market for high-flow nasal cannula is set to rise at a double digit growth rate of 11.8% CAGR. The growth rate is for the forecast period that extends from the year 2017 to 2025 and obtains a market valuation of US$9.08 bn by the end of forecast year, at 2025 rising from a market valuation of US$3.42 bn in the year 2016. 

What could be the Growth Trajectories for the Market?

The international market for high-flow nasal cannula is prognosticated to be bolstered mostly by the increasing preference of heated humidified high-flow nasal cannulas and soaring occurrences of respiratory disorders. Another growth promoting element that could prove advantageous for the said market is the augmented investments in the department of research and development by several market players. It is an effort to emerge with much improved products by making optimum use of advanced technologies. This enables the companies to diversify their product portfolio and obtain an edge over their rivals.

The market for high-flow nasal cannula, has been segmented into various categories. Of those categories, the division of active humidifier accounted for maximum market share in the year 2016. It was followed by the category of air/oxygen blender. In the forthcoming years, it is forecasted that active humidifiers category would continue with their market dominance at the backdrop of relentless innovations in and diversification of humidifiers by many of the health care solution providers and manufacturers so as to improve upon their product effectiveness.
Which Geographical Segments would Retain Its Lead in the Industry?

From the regional point of view, in the present market scenario, North America accounts for most of the market share in the world market for global high-flow nasal cannula. The regional dominance of North America is owing to significant rise in the number of patients who have been suffering from diseases associated with respiratory system. Apart from that, other growth promoting factors such as increased health awareness, supportive reimbursement policies and healthcare systems, and affordability are also proving beneficial for the market.
North America is followed by Europe. However, it has been forecasted that Asia Pacific would register a very high growth rate with a CAGR of 11.7% over the period of forecast. This is owing to its enhanced healthcare system with better policies in place, favourable demographics, and sound economic growth.

Need to Serve Mobility Requirements of Growing Geriatric Population Drives Demand for Robotic Rehabilitation and Assistive Technologies

The global robotic rehabilitation and assistive technologies market is currently in its nascent state as only a fraction of possible applications of robotic rehabilitation and assistive technologies are being explored. While the market is largely consolidated with a small number of established companies, new participants are seeking entry to leverage the ample growth opportunities the market offers. 

Accuray Incorporated. Bionik Laboratories Corp., Ekso Bionics, Instead Technology Ltd., Reha-Stim Medtec Gmbh & Co. KG, AlterG Inc., Vincent Medical,., DIH Technologies Corporation, Intutive Surgical Inc., and Mazor Robotics are to name pioneering companies in the global market for robotic rehabilitation and assistive technologies.

As per estimates of a report by Transparency Market Research, the global market for robotic rehabilitation and assistive technologies will clock a CAGR of 13.1% over the 2017-2025 forecast period. Expanding at this rate, the market which stood at US$765.1 mn in 2016 will be valued at US$2,290.3 mn by 2025 end.

Q: What are the key growth drivers of the market?

A: The adoption of medical robots is bringing about a radical change in the way medical care is rendered. Surgical robots assist surgeons to carry out complex minimally invasive surgeries; some robots aid to improve accuracy of radiation therapy for cancer and for rehabilitation of disabled patients. Due to this, medical robots hold immense promise for modern healthcare practices. 

The burgeoning geriatric population globally and increasing incidence of stroke, both of which hamper moving ability of individuals to a lesser or higher degree is stoking growth of the robotic rehabilitation and assistive technologies market. 

Apart from this, technological advances leading to the adoption of more efficient motors, power back-up, use of compact and light materials, and sophisticated controls and safety mechanisms are also bolstering the market for robotic rehabilitation and assistive technologies.

Q: Which market segments are showing greater promise?

A: Depending upon portability, robotic rehabilitation and assistive technologies could be divided into standalone and mobile. Standalone robots currently gross maximum revenue, and going forward the segment is likely to maintain its dominant share in the upcoming years. This is mainly because of their efficiency for inpatient rehabilitation and favorable reimbursement policies. Additionally, technological advances serves as another key factor to up the demand for standalone robots.

On the basis of type, the two broad segments into which the global robotic rehabilitation and assistive technologies market could be divided are assistive robot and rehabilitation robot. Of the two, assistive robot accounts for the leading revenue share in the market. This is because assistive robots assist disabled people and elderly people to carry out day-to-day work. In the coming years too, assistive robot segment is anticipated to maintain its dominant share.

Q: Geographically, which region presents the most promising growth opportunities for the global market?

A: From a geographical standpoint, North America holds supremacy in the global robotic rehabilitation and assistive technologies market. This is attributed to a well-established robotic industry and early adoption of scientific and technological innovations across business sectors. Expanding at a CAGR of 12.8% for the forecast period between 2017 and 2025, North America will continue to hold on to its lead position. 

Vis-à-vis growth rate, Asia Pacific is likely to outshine other key regions for robotic rehabilitation and assistive technologies. A rising pool of elderly population is mainly serving to boost the demand for robotic rehabilitation and assistive technologies in the region.

Agriculture Robots Market Flourishing on Escalating Food Demand and Decreasing Arable Land

On the back of escalating population across the world, the need for food is forever incrementing. At the same time, arable land is limited as a number of emerging economies are focused on urbanization. These factors have raised a case for extracting maximum yield out of available agricultural landscape and have given birth to the market for agriculture robots, which are devices that can improve the efficiency of harvesting procedures. Also sometimes termed as agrobots, agricultural robots or drones are now frequently used for weed controlling, cloud seeding, planting seeds, soil analysis, and environmental monitoring. 

As the awareness regarding the benefits offered by agriculture robots spreads and the technology becomes more affordable for cost-effective parts of the world, the demand in the global agriculture robots will multiply at an impressive CAGR of 24.1% during the forecast period of 2016 to 2024, according to a recent business and commerce study by Transparency Market Research. The analysts of the report have evaluated that the opportunities in the agriculture robots market, worldwide, translated into a revenue of US$1.01 bn in 2016 and have estimated it to swell up to US$5.7 bn by the end of 2024.

Which factors will ensure a prosperous future of the agriculture robots market?

Apart from increasing strain on the global food supply as a result of increasing population, some of the other key factors augmenting the demand in the global agriculture robots market are: prospects of substantial cost savings by the food producers in a long term and government support to adopt modern agriculture techniques. In addition to that, recent new advents such as unmanned aerial vehicles (UAVs) or drones that are specifically designed for agricultural farms and welcoming nature of food producers in developed countries regarding new technologies are also expected to reflect positively on the global agriculture robots market in the near future. On the other hand, the requirement of substantial capital investment before production stage is achieved from agrobots, strong lack of awareness in several emerging economies, and the absence of standardized safety regulations for the usage of these devices are obstructing the market from attaining its true potential. In addition to that, the commercialization of agricultural robots is a time-consuming process and the players operating in this market will have to overcome it to gain maximum profits.

What is the nature of competition among the leading players?

The global agriculture robots market makes for a scenario wherein regional players are dominating within the countries they have a presence in. For example, Clearpath Robotics, Harvest Automation, Inc., and PrecisionHawk, Inc. are three companies who were ahead of the curve in the region of North America in 2015, whereas SenseFly SA and Naio Technologies held the upper hand in Europe. Over in the region of Asia Pacific, Shibuya Seiki has been identified as the leader the same year, 2015. Owing to the sheer profitability of this market and a radical growth rate, a number of new players are expected to make a foray in the near future and eat into the shares of the dominant players. For the key players to maintain their stronghold, the analysts of the TMR report have suggested development of cutting-edge technologies to meet diverse requirements.

Which region is primed to provide for greater demand?

In 2015, North America accounted for the maximum demand as a region in the global agriculture robots market, although vastly populated Asia Pacific is expected to turn into a highly lucrative region towards the end of the forecast period. China and Japan are two countries that are at the forefront of growing demand for agriculture robots from the region.

Focus on Developing Smart City Infrastructure in Developing and Developed Economies to Fortify Uptake of Smart Locks

The vast array of automation products available for residential and commercial sectors is a notable factor contributing to the popularity of smart locks, especially among homeowners. The rising focus on creating smart city spaces with automated technologies and infrastructure in a number of industrialized nations is providing a robust impetus to the demand for smart locks. The rapid strides made by telephony hardware in recent years in various developing and developed regions and the paradigmatic shift in adoption of 2G to 4G have provides a robust underpinning to the growth of the smart locks market. Coupled with this, the substantial progress made by wireless communication technologies in recent times has positively impacted the demand for smart locks. 

The markedly growing penetration of internet in far-flung areas and the rising deployments of IoT networks are prominent trends fortifying the demand for smart locks among commercial and residential users. The rapid pace of urbanization, coupled with vast improvements made in lifestyle of populations in emerging economies, are expected to accentuate the demand for smart locks over the forecast period. According to Transparency Market Research (TMR), the opportunities in the market is projected to be worth US$1.01 billion by the end of 2024.

Which application areas are expected to witness extensive uptake in the coming years?

Broadly, smart locks find use in various sectors comprising residential, commercial, industrial, and the government. The demand is expected to remain prominent in commercial sectors world over. The demand is fueled by the growing number of criminal and unauthorized activities affecting commercial establishments and the pressing need for making commercial building safer. The use of smartphone apps to operate smart locks takes convenience factor a notch higher. Technological advancements in electronics used in smart locks will expectedly bolster the potential of these locks for commercial sectors world over. 

systems or servers controlling the functioning connected smart devices has left smart locks to unauthorized access, thereby raising marked concerns among users. However, with companies quick to offer fixes for these bugs, these concerns will mitigate over time.  

Which regions are likely to witness substantial demand for smart locks?

The key regional markets for smart locks are North America, the Middle East and Africa (MEA), Europe, South America, and Asia Pacific. Of these, North America is projected to be at the forefront. The demand is stimulated by the mounting security concerns for residential, commercial, and industrial sectors. The substantially rising uptake of smart home products in various key countries, particularly the U.S. and Canada, is bolstering the demand for smart locks. The presence of a robust communication infrastructure and networks in the region is further contributing to the demand among homeowners. According to TMR, the regional market held a major share of 33.6% in 2015. 

In recent years, there have been some mergers and acquisition by stalwarts in developing and developed economies, which has favorably affected the growth of the global smart locks market. The Assa Abloy Group, one of the leading global lock manufacturer based in Sweden, has completed the acquisition of August Home, a U.S.-based smart lock maker in December 2017. This will help August consolidate its presence beyond North America, while, Assa Abloy will be able to bolster its technologies in smart home connectivity. Such collaborations bode well for consumers of smart locks. 

Meanwhile, Asia Pacific is projected to rise at a prominent pace and will offer lucrative prospects for manufacturers of smart locks in the forthcoming years. A rapid pace of urbanization in several emerging economies and the substantial rise in disposable incomes are crucial factors expected to accentuate the demand for smart locks. Furthermore, infrastructural projects in countries such as India and China and sustained focus on developing smart cities are notable factors providing a robust fillip to the uptake of smart locks over the assessment period. 

Overall Equipment Effectiveness Concerns to Boost Packaging Robot Market

A packaging robot is a robot framework utilized for packaging utility. Producers and manufacturers utilize the packaging robots with a specific end goal to ensure that the process of packaging is accurate, speedier and more cost-proficient. Packaging robots are to a great degree adaptable. A packaging robot can finish any kind of packaging process with the correct end of arm tooling. A portion of the upsides of packaging robots are diminished part package time, work cost lessening, and capacity to lift bigger packages. These robots are anything but difficult to coordinate into any sort of workspace. 

These robots are getting more astute attributable to innovative headways in detecting and programming; subsequently, a number of industries prefer these packaging robots. Furthermore, they offer usability attributable to coordinated controls and natural human-machine interfaces. 

Which are the factors propelling the market for packaging robots?

As assembling units principally concentrate on advancement of fast and additionally safe capacities, developing application for various errand executions, for instance, packaging is anticipated to drive request. These frameworks are less tedious when contrasted with people, and therefore guarantee high cost funds. Moreover, they likewise help in accomplishing creation focuses in the event of popularity. Different advantages involve considerable security to representatives by taking out the requirement for human mediation in risky packaging conditions. Quick appropriation over various industry parts is foreseen to support worldwide packaging robot market measure over the coming years. Different characteristics, for instance, high precision, prevalent effectiveness, and decrease in product degradation offered by these systems are likewise among development drivers. Development in industrialization and requirement for robotization to achieve cost effectivity, and enhancing the effectiveness drive the interest for these systems in the market. 

While the late yet extremely apparent infiltration of web based business in the developing economies in Asia Pacific like India which houses tremendous populace, logistics, tracking and transport portion is relied upon to pick up. Application-wise, the report classifies the worldwide packaging robot market into packing, picking and palletizing. In 2016, picking packaging robot section represented 39% of the market demand, which was an impression of growing utilization of consumer products and beverages and food due to change in lifestyle among the urban populace.

Which geographical market is expected to flourish in this industry?

The demand for packaging robots is forecasted to remain in moderation all over the globe. Additionally, it could show an upward development slant in economically backward regions. This is relied upon to be fundamentally by virtue of the surging level of robotization over a number of end utility applications. Asia Pacific could record a larger share in the universal packaging robot market with nations such as China working in the spotlight. In examination with other Asia Pacific markets, China is anticipated to show a higher deals an incentive and also volume. High potential markets of the Asia Pacific locale could accrue due to generous vicinity of most multinational firms. Notwithstanding, the surging entrance of Chinese providers is anticipated to provoke the overall competition present in this region.

Some of the leading vendors of the global packaging robot market are Yaskawa Electric Corporation, ABB Limited, Fanuc Corporation, Mitsubishi Electric Corporation and Kuka Roboter GmbH. 

Companies in Global Cyber Weapon Market Forge Partnerships to Improve Positions

Astute companies operating in the global market for cyber weapon are constantly exploring means to establish a greater stronghold over the market. A popular tool employed by them, to further their ambition, is carefully-considered partnerships and collaborations. They are also seen expending time and money to come up with better products to suit various needs of end users.

The market for cyber weapon is being fuelled by the pressing need to secure critical infrastructure and utilities from cybercrimes, data thefts, and security breaches.

A market research study prepared by Transparency Market Research (TMR) projects the global cyber weapon market to attain a value of US$521.87 bn by the end of 2021.

While need to secure critical infrastructure is driving market, what factors are posing a major challenge to it?

At the forefront of driving the market for cyber weapon is the rising instances of security breaches, cybercrimes, and data thefts. This has prompted organizations to increase spends on identifying zero-day vulnerabilities, which is a hitherto unknown security vulnerabilities that attackers can exploit. Intelligence agencies, governments, and other entities have already made significant allocations to spot zero-day exploits.

However, unregulated usage of cyber weapons can be dangerous. In the hands of cyber-terrorists and extremists, they can prove to be powerful weapons of mass destruction. This has led to the framing of strict rules pertaining to the usage of cyber weapons, which in turn, is majorly hampering the growth pace of the market.

Why does the defensive cyber weapon segment account for greater share in market?

Cyber weapons available in the market can be split into defensive and offensive. The defensive cyber weapon segment in the market has a copious number of players competing against one another. As a result, the competitive landscape is fragmented. On the other hand, the just a few dominant players, namely Hacking Team and VUPEN Security, account for a considerable share in the offensive cyber weapon segment, making it consolidated.

Currently, defensive cyber weapon segment leads the market with maximum share. This is because of the rising instances of cyber espionage that have forced both private entities and governments to focus on technologies to bulwark their critical infrastructure. With rising digitization in various sectors such as aerospace, defense, and manufacturing, which makes them highly susceptible to cyber thefts, the demand for defensive cyber weapons is predicted to remain supported.

The segment of offensive cyber weapons, on the other hand, is at a premature stage at present. However, the demand and subsequent sales of offensive weapons will likely rise over the course of the years. This because of the rising thrust by nations to strengthen their offensive cyber capabilities on the back of the emergence of cyber as new platform for warfare.

What makes North America the leading market?

North America is a dominant region in the global cyber weapons market, which is predicted to hold on to its leading position in the next couple of years as well. With internet forming the backbone of the operations in the industrial control, air traffic control systems, and military defense in the U.S., defensive cyber weapon has seen massive uptake in the region.

Asia Pacific is another major cyber weapons market. Soaring demand from countries, namely China, India, North Korea, South Korea, Australia, and Japan is primarily serving to boost the market for cyber weapons in the region. In addition, growing spends by China in development of superior cyber warfare technique is also expected to bolster market.

Prominent participants in the market for cyber weapon are Lockheed Martin Corporation, The Boeing Company, General Dynamics Corporation, BAE Systems plc, Raytheon Company, and Northrop Grumman Corporation.

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