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Hanwha Techwin or Axis Communications? Who Is Better At Security?

In the security solutions segment, Hanwha Techwin offers a wide range of products, including CCTV, IP & network security, door entry, and access control & intruder detection solutions. Wisenet, a line of the company’s innovative security solutions, leverages the next generation of technologies, including deep learning, AI, and business intelligence, for its security solutions portfolio.

Market Leadership: Surface Disinfectants Market

The global Best Surface disinfectant market is projected to reach USD 1.25 billion by 2024 from USD 836.7 million in 2019, at a CAGR of 8.4% from 2019 to 2024. The growth of this market is majorly driven by the increasing prevalence of hospital-acquired infections (HAIs) globally, the presence of stringent regulations for the use of surface disinfectants (in hospitals, diagnostic laboratories, pharmaceutical & biotechnology companies, and research laboratories), and advancements in surface disinfectants. However, the non-compliance related to the use of surface disinfectants and the procedures for disinfection is a major challenge for the growth of this market.

Market Leadership: Contactless Payment Market

The global Contactless Payment market size is expected to reach USD 10.3 billion in 2020 to USD 18 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.7%. Factors contributing to the growth of the contactless payment market include strongly driven by internet penetration, as a stable internet connection is the backbone of this payment method. Also, contactless payments offer convenience and quicker checkout time to customers, which are expected to be key drivers for the overall growth of the contactless payment market. Key regions rapidly adopting contactless payments in numerous markets includes Australia, Canada, Turkey, Poland, Hungary, UK, and a majority of Asia.

Building Management System – Market Leaders

The Building Management System market was valued at USD 6.65 billion in 2016 and is expected to reach USD 19.25 billion by 2023, at a CAGR of 16.71% between 2017 and 2023. The dramatic increase in awareness in the excessive use of energy and concerns for the environment has fueled the demand for cost-effective technologies. Energy efficiency is becoming a part of the building management, facilities management, and operation strategy. The smart home concept is now making significant inroads into the domestic residential sector. Smart buildings will directly contribute to the global goal of reducing energy usage and emissions. Significant cost benefits to industrial, commercial, and residential users boost the demand for Building...

Smart Homes Systems Market Leadership

The global Smart Homes Systems market size is projected to grow from USD 78.3 billion in 2020 to USD 135.3 billion by 2025, at a CAGR of 11.6% during the forecast period. Growth of this market can be attributed to factors such as increasing need for convenience as well as safety and security, and rising demand for energy-efficient solutions. The Smart Homes Systems market will be significantly driven by the increasing consumer preference for video doorbells, voice-assisted technologies (such as Alexa and Google Home), and surveillance systems.

Artificial Intelligence Software Market Leadership

The global Artificial Intelligence Software market is expected to grow significantly, from USD 10.1 billion in 2018 to an USD 126 billion by 2025. The AI market covers a wide range of applications such as natural language processing, robotic process automation, and machine learning. The high growth can be attributed to the rise in big data, rise in acceptance of cloud-based applications and services, and an upsurge in the demand for intelligent virtual assistants.

Video Surveillance Systems Market Leadership

A video surveillance systems monitors and records the behavior and activities of people through cameras connected on a network. The adoption of video surveillance systems is increasing across varied verticals to provide security, protect infrastructures such as buildings, locations, and historical places from damage, and reduce incidences of unlawful activities such as robberies and terrorist attacks. The overall Video Surveillance Systems market is expected to grow from USD 40.8 billion in 2019 to USD 74.6 billion by 2025, at a CAGR of 10.4% during the forecast period. The growth of the overall Video Surveillance Systems market is driven by various factors such as increasing concerns about public safety and security, rising adoption...

IOT PLATFORMS MARKET LEADERSHIP

The global Iot Platforms market size was valued at USD 2.260 billion in 2019 and is expected to reach USD 13.310 billion by 2026, at a significant CAGR of 28.5%. This growth can be attributed to the flexible scaling of data storage in the cloud. Since, there is a growth in the number of connected devices, significant volumes of data can be stored, downloaded, and uploaded. This also enables enterprises to improve their ability to handle IoT data resources with the help of IoT Platforms.

Industrial Robotics Market Leadership

Industrial Robotics is a system that uses robots in the manufacturing or automation industries. Robotic systems perform tasks that can be hazardous for humans, and also automate recurring tasks and enhance productivity. Multiple types of robots are used in industries, some of the commonly used robots are articulated robots, SCARA robots, and gantry robots. The overall Industrial Robotics market is expected to grow from USD 16.9 billion in 2018 to USD 31.7 billion by 2024 at a CAGR of 12%during the forecast period. The growth of the Industrial Robotics market is driven by various factors such as increasing demand for collaborative robots across all industry segments and shortage of skilled labor in manufacturing industries. Integration...

Types of Social Media Analytics Software

Best Social media analytics software comprises a set of analytical tools, which enable end-users to listen, monitor, analyze, and create insights using data gathered from blogs and social media websites. The tools also include advanced analytic techniques, such as predictive, prescriptive, descriptive, and diagnostic, to enable collection, analysis, and interpretation of data across various social media platforms. The most common use of social media analytics software is to interpret customer sentiment in order to support marketing and customer service activities. It is mainly useful in understanding customers, based on or influenced by economic, social, or political happenings. The application areas have been widening with the recent...