Engineering Services Outsourcing Market Segmentation and Key Opportunities

The Global Engineering Services Outsourcing Market is expected to reach USD 415.74 billion by 2020. Rising cost pressures on firms leading to constrained R&D budgets is expected to be a primary growth driver for the industry. Companies prefer to outsource the service as it enhances efficiency, improves processes, lowers time to market products. In addition, it yields cost advantages which in turn relates to profit maximization. In addition, dynamic consumer buying behaviour leading to shorter product life cycle is projected to fuel market growth.

High competition among leading companies has given rise to cost reduction across companies in several industries including consumer electronics and automotive. In order to reduce costs, companies have initiated augmenting their capabilities by utilizing outsourced IT services. This further leads to cost minimization thus benefiting the company in the long run. Outsourcing engineering services allow businesses to get the most out of constrained budgets and focus on more critical issues. However, the threat of intellectual property theft is expected to hinder industry growth.

Demand for engineering services outsourcing in telecom sector accounted for over 19% of the overall market in 2013. Growing dominance of telecom sector is attributed to the integration of business and operations support systems which require significant back-end equipment and expertise by the telecom industry.

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Increasing demand for consumer electronic products has resulted in leading companies expanding their service portfolio. However, smaller market players owing to their cost constraints heavily rely on engineering services outsourcing to cater growing demand. As a result, the segment is expected to witness the highest growth among other application over the projected period. Key engineering services required for manufacturing these consumer electronic devices such as embedded software development, design & testing, and development & testing are increasingly outsourced to ESO vendors, thus driving industry growth.
Asia Pacific demand for engineering services outsourcing was valued at over USD 44 billion in 2013 and is expected to experience substantial growth over the forecast period. Growth can be attributed to strong manufacturing base in the region and presence of a large talent pool. Emerging economies including India and China are projected to be leading growth in the region.
Europe is expected to grow at a CAGR of more than 25% over the period of six years owing to a high inclination among European firms to outsource engineering activities with the same country or within western European nations to ensuring regulatory compliance.
Key players in the industry include Tata ELXSI, QuEST Global, HCL Technologies Ltd, Tata Consultancy Services, Wipro, MindTree Ltd., and Infosys Ltd. Other companies include Aricent Group, VanceInfo Technologies Inc., Corp., Infotech Enterprises Ltd., Global Logic, EPAM Services, Cybage Software Pvt. Ltd., KPIT Cummins Infosystems Ltd., IGATE, and Calsoft Labs.

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Grand View Research has segmented the Global Engineering Services Outsourcing Market on the basis of end-use and region:

ESO End-Use Outlook (Revenue, USD Billion, 2012 - 2020)
            • Aerospace
            • Automotive
            • Construction
            • Consumer Electronics
            • Semiconductors
            • Pharmaceuticals
            • Telecom
            • Others
ESO Regional Outlook (Revenue, USD Billion, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
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Digital Pathology Market Global Analysis and Forecast up to 2022

Digital pathology market marked by consolidation activities such as M&A of PathXL by Royal Philips
The digital pathology market is likely to experience an exponential growth by the end of the decade, especially in the regions, such as North America and Europe, where pathologists and medical laboratories are increasingly inclining towards the adoption of these systems. Cloud or Storage as a Service (SaaS) technology-enabled digital pathology is accompanied by key benefits, such as improved connectivity and efficiency, increased productivity, and cost reduction. Incorporation of digital pathology solutions enables accurate, high through put analysis and interpretation of histological images through the use of computer-assisted image analytics, which negate observer variability.

In addition, these technological solutions provide virtual, secure storage options with multi-tenant access to the digital slides. Cloud technology is further facilitating distance consultations between pathologists and physicians globally through the seamless integration of tools, which allow effective information exchange without physical transportation of slides; thus, streamlining the diagnostic analysis process with increased communication between healthcare professionals, which is driving the preference for digital pathology solutions across the globe.
 
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Additionally, with the advent of Whole Slide Imaging (WSI), the market is anticipated to witness potential growth opportunities and is currently recognized as one of the foremost promising avenues in the field of diagnostic medicine. Reduced human error and improved accuracy attributable to the automated, slide scanning features, and algorithm-facilitated classification of disease conditions are some of the benefits associated with WSI that is presumed to further accelerate the demand in the future. Additionally, the high healthcare expenditure in the field of cancer diagnostics and the surging demand for personalized medicine has triggered the growth of the digital pathology field. The rising need for automation in image-based analytical tools employed for diagnosis is paving the way for the adoption of digital pathology systems.

High Implementation costs and a stringent regulatory framework pose as major hurdles in the incorporation of digital pathology solutions, particularly in the emerging economies. Currently, the digital pathology system is approved by the U.S. FDA for a limited number of applications, which are research-centric. The untapped diagnostic application areas in the U.S. serve as excellent opportunities for the industry players that are worth capitalizing in the near future. For example, in March 2016, Royal Philips entered into a collaborative agreement with Massachusetts General Hospital, wherein the latter is to serve as a testing center to conduct a multi center device precision study involving the former’s digital pathology WSI, IntelliSite Solution. The study is designed to determine the reproducibility of the IntelliSite pathology solution in primary diagnostic use pertinent to the field of cancer.

The digital pathology market is marked by dynamic activities, such as strategic partnerships which are imperative in widening the consumer base. Recently, in June 2016, the Dutch conglomerate, Royal Philips acquired the Irish, PathXL, one of the largest pathology, image-based analysis firms. This acquisition was carried out in order to develop integrated tools targeting applications in computational pathology, workflow solutions, education, and image analytics. Additionally, this acquisition is aimed at underpinning the gradual transition of medical institutions present across the globe from the traditional systems to digitized pathology systems. The aforementioned acquisition will further enable pathologists to perform high throughput analysis of colossal clinical data images sets that are diverse in nature and facilitate improvements in the diagnosis quality; thereby presenting a potential for the inclusion of new therapies and improvements to enhance patient health outcomes.

In 2014, another prominent market player, Objective Pathology formed a partnership with Microscopes International to introduce their new SCOPE Digital Microscope to the Canadian market for geographical expansion. The future hence looks promising for the digital pathology industry with the sweeping digitization of tools employed in the diagnostics sector revolutionizing the healthcare industry across the globe.
 
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Grand View Research has segmented the Global Digital Pathology Market on the basis of technology, application and region:
 
Global Digital Pathology Technology Outlook (Revenue, USD Million, 2012 - 2022)

• Whole slide Imaging
• Telepathology
  • Static
  • Dynamic

Global Digital Pathology Application Outlook (Revenue, USD Million, 2012 - 2022)

• Drug Discovery & Development
• Academic
• Disease Diagnosis

Digital Pathology Regional Outlook (Revenue, USD Billion, 2012 - 2022)
North America

• U.S.
• Canada

Europe

• UK
• Germany

Asia Pacific

• China
• Japan

Latin America

•  Brazil
• Mexico

MEA

• South Africa

 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-digital-pathology-market
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
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Digital Asset Management Market Segmentation Based on Deployment, Enterprise Size, Application, End-Use, and Region

The Global Digital Asset Management Market is expected to reach USD 5.60 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to witness a healthy growth, ascribed to the increasing preference by organizations for rich media content for promoting brands and products. Further, the rising adoption of portable devices in enterprises has increased security requirements, thereby increasing the demand for digital asset management solutions.

The market is also anticipated to be driven by the growing demand for digital marketing applications and solutions among enterprises for different purposes, such as asset analytics and lifecycle & rights management. Other significant factors driving the market growth are the increasing demand for integrated solutions and the rising usage of SaaS-based solutions.

The advantages of digital asset management solutions over conventional alternatives are expected to offer growth opportunities over the coming years. This includes migration from traditional marketing to real-time consumer-driven digital marketing strategies. Several organizations are adopting these solutions as they provide affordable solutions to share, manage, store, and retrieve data.

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Further key findings from the report suggest:

• The marketing segment accounted for the largest revenue share in 2015 and is expected to witness growth at a CAGR exceeding 12% over the forecast period, owing to the rising need for a collaborative digital workflow.
• Asia Pacific is expected to emerge as the fastest growing region with a CAGR exceeding 15% over the forecast period on account of increasing adoption of cloud technology and digitization among large enterprises and SMEs to improve employee productivity.
• Digital asset management services are used for ensuring the smooth functioning of solutions installed by organizations thereby leading to the service segment growth over the forecast period.
• Many vendors are moving from on premise to cloud-based solutions that offer mobile accessibility and drag-and-drop functionality owing to which the segment is expected to witness high growth over the forecast period.
• SMEs account for the biggest target audience of DAM players currently, which is encouraging operating companies in customizing their solutions and meeting the specific demands of small players.
• The media & entertainment segment large depends on the smooth functioning and easy installation of DAM solutions, which helps save, manage, and recollect large volumes of digital data.
• The key purveyors comprise ADAM Software NV, Adobe Systems Incorporated, Celum, Cognizant Technology Solutions Corp., EMC Corporation, IBM Corporation, North Plains Systems, OpenText Corporation, Oracle Corporation, WebDAM, and Widen Enterprises. The companies emphasize on adopting the best practices for developing solutions to achieve a competitive advantage.

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Grand View Research has segmented the Digital Asset Management Market on the basis of type, deployment, enterprise size, application, end-use, and region:

Digital Asset Management Type Outlook (Revenue, USD Million; 2014 - 2025)

• Solution
• Service

Digital Asset Management Deployment Outlook (Revenue, USD Million; 2014 - 2025)

• On-premise
• Cloud

Digital Asset Management Enterprise Size Outlook (Revenue, USD Million; 2014 - 2025)

• Small & Medium Enterprise
• Large Enterprise

Digital Asset Management Application Outlook (Revenue, USD Million; 2014 - 2025)

• Sales
• Marketing
• IT
• Distribution
• Photography, Graphics & Designing

Digital Asset Management End-Use Outlook (Revenue, USD Million; 2014- 2025)

• Media and Entertainment
• BFSI
• Retail
• Healthcare
• Automotive & Manufacturing
• Government
• Others

Digital Asset Management Regional Outlook (Revenue, USD Million; 2014- 2025)
North America

• U.S.
• Canada

Europe

• UK
• Germany
• France

Asia Pacific

• China
• India
• Japan

Latin America

• Brazil
• Mexico

Middle East & Africa
 
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-digital-asset-management-market 
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
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Dietary Supplements Market Segmentation Based on Ingredient, Product, Application, End-Use and Region

The Global Dietary Supplements Market is expected to reach USD 278.02 billion by 2024, according to a new report by Grand View Research, Inc. Favourable outlook towards medical nutrition market in light of increasing application for the treatment of malnutrition and cardiovascular disorders is likely to promote the market for dietary supplements.
Rising sales of sports nutrition products in the U.S. and China on account of increasing prevalence of fitness and sports at a domestic level along with new product launches is likely to have a significant impact on the industry over the projected period. The market is expected to generate revenues worth USD 37.16 billion by 2024.

Rising consumption of clinical nutrition products as a prevention medium for reducing malnutrition is expected to have a substantial impact. Furthermore, increasing prevalence of premature births on a global level is expected to promote the use of medicinal supplements over the forecast period. The market was worth USD 19.17 billion in 2015 and is projected to witness growth at a CAGR of 9.5% from 2016 to 2024.

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Further key findings from the report suggest:

• The market for dietary supplement capsules was valued at USD 26.42 billion in 2015. The increasing use of omega-3 fatty acids in the formulation of dietary supplement capsules is expected to have a positive impact over the forecast period.
• Amino acid-based dietary supplements accounted for 14.3% of the market share in 2015 and is projected to witness significant growth on account of increasing protein intake by bodybuilders and sports athletes
• Gel caps and soft gels together accounted for 13.2% of the overall market in 2015. These products are expected to witness growth on account of their increasing application in confectionaries including chocolates, candies, and desserts.
• Asia Pacific is projected to growth at a CAGR of 11.2% from 2016 to 2024. Rising sales of green juice, royal jelly, blueberries, chlorella, and black vinegar in Japan owing to increasing awareness towards natural products is expected to promote the use of nutritional supplements over the forecast period.
• North America accounted for 28.5% of the total market in 2015 and is projected to witness growth on account of increasing consumption of products with reduced calorie level and high nutritional content
• Key participants include Amway Corporation, Pfizer Pharmaceuticals, Abbott Laboratories, Herbalife International, ADM, DuPont, and Carlyle Group. In April 2016, Amway Inc. launched a new sports nutrition energy drink under the brand name, XS Sports Nutrition line. This type of product innovation is expected to force manufacturers to develop new products over the next eight years.

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Grand View Research has segmented the Global Dietary Supplements Market by ingredient, product, application, end-use and region:

Ingredient Outlook (Revenue, USD Million, 2013 - 2024)

• Botanicals
• Vitamins
• Minerals
• Amino Acids
• Enzymes
• Others

Product Outlook (Revenue, USD Million, 2013 - 2024)

• Tablets
• Capsules
• Powder
• Liquids
• Soft Gels
• Gel Caps

Application Outlook (Revenue, USD Million, 2013 - 2024)

• Additional Supplements
• Medicinal Supplements
• Sports Nutrition

End-use Outlook (Revenue, USD Million, 2013 - 2024)

• Infant
• Children
• Adults
• Pregnant Women
• Old-aged

Regional Outlook (Revenue, USD Million, 2013 - 2024)
North America

• U.S.
• Canada
• Mexico

Europe

• Germany
• UK
• France
• Italy

Asia Pacific

• China
• Japan
• India

Latin America

• Brazil

Middle East & Africa (MEA)

• South Africa

Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-dietary-supplements-market
 
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
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Global Defibrillator Market Segmentation is based on Products, End-Use and Region

The Global Defibrillator Market is expected to reach USD 15.75 billion by 2020, according to a new report by Grand View Research Inc. Increasing prevalence of cardiovascular diseases coupled with rising adoption rate of remote and regular patient monitoring is expected to boost the defibrillator market over the forecast period. The market is anticipated to grow at a CAGR 6.8% during the forecast period. 
Rising work related stress and exposure to harmful chemicals such as carbon monoxide, lead, arsenic, and unhealthy lifestyle habits are vital causes triggering cardiac diseases. Lack of availability of prompt treatment in case of sudden cardiac arrest (SCA) is another important factor promoting the growth.

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Strategic initiatives by healthcare federal bodies such as the distribution and widespread access of automated external defibrillators (AED) in public buildings and spaces further propels the expansion of the market. This initiative was begun after a study projected that over 700 people die per day due to unavailability of treatment for sudden cardiac arrest. 
Implantable cardioverter defibrillator device is expected to report revenue of over 8 billion by 2020 due to enhancement in the technology and reduced number of sudden deaths. External defibrillators are expected to report a CAGR of 7.1% due to new software and smaller implant development. Ilesto DX, a product offered by Biotronik is first of its kind, allowing complete atrial diagnosis with a single defibrillator lead. Home care and public access market together are expected to register lucrative growth with revenue over 1.1 billion by 2020. Faster treatment availability and reduced hospital visits is the principal driver for the development. 
North American region is anticipated to contribute over 35.0% of revenue in 2020, owing to rising geriatric population, favourable government initiatives pertaining to faster therapy availability, sophisticated healthcare infrastructure and increasing patient awareness levels coupled with relatively higher healthcare expenditures in the region. 
Asia Pacific region is projected to reach over USD 3.5 billion by registering lucrative growth throughout the forecast period. The growth is attributed to the larger untapped opportunities, rising healthcare expenditure, augmenting disease prevalence rate, and supportive government initiatives and concession. 
Major players of the industry include Boston Scientific Corporation, ZOLL Medical Corporation, St. Jude’s Medical, Medtronic, Biotronik, and Cardiac Science Corporation. St. Jude’s Medical offer the ShockGuard technology in their devices that facilitate in differentiation between true ventricular tachycardia and other lead noises thereby promoting higher safety of the patient. 

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Grand View Research has segmented the Global Defibrillator Market on the basis of products, end-use and region: 

Global Defibrillator Market Product Outlook (Market Revenue in USD Million, 2012 - 2020)
    • Implantable Cardioverter Defibrillator
             Single Chamber Implantable Cardioverter Defibrillator
             Dual Chamber Implantable Cardioverter Defibrillator
    • External Defibrillator
             Manual External Defibrillator
             Automated External Defibrillator
             Wearable Cardioverter Defibrillators
Global Defibrillator End-use Outlook (Revenue, USD Million, 2012 - 2020)
    • Hospital
    • Pre Hospital
    • Public Access Market
    • Alternate Care Market
    • Home Health Care
Defibrillator Market Regional Outlook (Market Revenue in USD Million, 2012 - 2020)
    • North America
             U.S.
             Rest of North America
    • Europe
             Germany
             UK
             Rest of Europe
    • Asia Pacific
             Japan
             China
             India
             Rest of Asia Pacific
    • Latin America
             Brazil
             Mexico
             Rest of Latin America
    • Middle East and Africa
             South Africa
             Rest of Middle East and Africa
 
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
Contact:
Sherry James
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Grand View Research, Inc
Phone: 1-415-349-0058
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Email: sales@grandviewresearch.com
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Data Center UPS Market Global Analysis 2012 and Forecast up to 2020

Global Data Center UPS Market is projected to exceed over USD 5.67 billion by 2020. This growth can be attributed to falling tolerance limits and interruptions in data transmissions. Besides, need to prevent loss of confidential data has subsequently augmented UPS installations in data centers. The market is expected to experience growth at CAGR of 7.3% on account of rising demand for CRM systems, ERP systems, file servers, data warehouses and cloud storage.

Product development through innovations exhibiting energy efficient and eco-friendly technologies have resulted in compensating for increasing power costs which are expected to propel growth over the forecast period. Portable UPS systems have gained widespread acceptance, particularly in small and medium businesses (SMBs), which is projected to drive the market. Increasing prominence of smart UPS systems owing to its capability of self-diagnosis and communication that considerably reduces troubleshooting time is anticipated to have a positive impact on the market. On a contrary, lack of product diversity among primary companies has hindered the product industry. Slowdown in semiconductor industry has subsequently affected the industry resulting in lack of inventory supply

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Small data center UPS systems constituted over 50.0% of the total revenue in 2013, and its growth can be attributed to increasing demand from SMBs, who prefer structuring their databases. Large data center UPS systems are anticipated to witness sizeable growth owing to organizations which aim at upgrading their data management systems and equipment over the forecast period.

North America dominated the market in 2013 which was majorly contributed by healthcare, insurance and financial services. France, UK, and Germany are expected to contribute considerably to the European revenue. UPS installations and connections are projected to experience significant growth in the next seven years in Asia

The market comprises of several eminent brands having experienced engineers for maintenance and proven testing and engineering divisions. In an attempt to expand globally and enter new markets, prominent players emphasize on setting up sales and service teams to gain competitive advantage.

Availability of flexible options offered by manufacturers that are aimed at increasing capacity by modifying software is expected to provide a competitive base for all the players in the industry. Sellers are anticipated to reintroduce and renew partnerships with flywheel suppliers for providing customers with efficient standby power alternatives. Key industry participants include Schneider Electric, Belkin International, Eaton, Clary, Emerson, General Electric, Toshiba and Gamatronic Electronic Industries

Acquisitions, strategic alliances, and mergers are key strategies being adopted by the companies to expand into newer marketplaces and grow globally. Manufacturers have been continuously emphasizing on improving the efficiency of these systems. As an instance, Chinese telecom network provider, Huawei, launched a modular data centre UPS, in October 2014, claiming 97.0% efficiency. Other companies include Schneider Electric SA, Clary Corp., General Electric, Gamatronic Electronic Industries, Belkin International Inc., and Toshiba Corp.

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Grand View Research has segmented the Global Data Center UPS Market on the basis of product and region:

Data Center UPS Product Outlook (USD Million, 2012 – 2020)
    • Small Data Centers
    • Medium Data Centers
    • Large Data Centers
Data Center UPS Regional Outlook (USD Million, 2012 – 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW

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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
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Sherry James
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CMOS Image Sensor Market Global Trend, Segmentation and Forecast to 2020

The Global CMOS Image Sensor Market was valued at USD 7.21 billion in 2013 and is likely to be worth USD 10.17 billion by 2020. Increasing demand for handheld equipment such as tablets and smartphones has initiated the development of smart sensing approaches with remote diagnostic and monitoring capability. 

Global CMOS sensors market was 1,601.8 million units in 2013 and is anticipated to reach 2,643.4 million units, growing at a CAGR of 7.5% by from 2014 to 2020. The industry has observed tremendous growth over the past few years owing to the growth of its application industries, particularly medical and automotive. In addition, technological innovations leading to the evolution of refined sensing technology are expected to drive growth.

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Dexterity to manufacture smaller pixel devices and provide high resolution with cost effective approach is expected to be one of the primary factors driving growth. Rising demand for computation and communication equipment has led to a growing need to develop upgraded processes for better optical administration. The requirement for on-chip integration and focal plane processing are still on improvement phase. 

Consumer electronics was the largest application accounting for over 50% of the total market revenue in 2013. These sensors are widely used in numerous consumer electronic devices including entertainment devices, home appliances, communication products, and information technology. The CMOS image sensor market for consumer electronics is likely to grow at a CAGR of 3.3% from 2014 to 2020. 
With an increasing focus on research & development, sensing equipment’s have become smaller, cheaper, and more power-efficient, which serves as a gratifying opportunity for industry players. This is particularly beneficial to the healthcare industry as these products help in improving diagnostics and provide appropriate treatments that rely on this technology. Medical applications are anticipated to grow at a CAGR of 9.9% from 2014 to 2020. 

Multimedia-enabled equipment provides more benefits with more data safety over the internet. The application of sensing devices for indoor navigation, health monitoring, and related niche segments is anticipated to offer prominent growth opportunity for prosperity of this market. These gadgets are predominantly used in the U.S., however, the market is anticipated to witness significant gains in emerging economies such as China, India, and Brazil. 

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North America CMOS sensor market exceeded 30% of the total revenue share in 2013. Focus on technological advancement coupled with high adoption rate of new technologies and gadgets have resulted in established of a large market in the region. However, the market has reached its maturity phase and is anticipated to grow at a CAGR of 4.1% from 2014 to 2020. 

Asia Pacific is expected to witness significant gains over the forecast period at a CAGR of 6.6% from 2014 to 2020. The market was valued at USD 2.37 billion in 2012. Availability of large number of semiconductor manufacturers in Asia Pacific, especially in Japan, China and Korea, is projected to bolster market growth in this region. Presence of cheap labor and establishment of production facilities by foreign organizations are anticipated to favourably affect industry growth in this region. Growing demand for latest gadgets owing to increase in disposable income of consumers is anticipated boost market growth to reach an estimated value of USD 3.95 billion by 2020. 

Key players include OmniVision Technologies, Sony Corporation, Canon Inc., and Samsung Electronics. Sony Corporation and Samsung Electronics are projected to dominate the CMOS image sensor market in the near future. Companies are constantly engaging in research & development to introduce innovative products in the market. 

Samsung Electronics Co. Ltd. has announced its new 8-megapixel R-W-B sensing device based on ISOCELL and NFC integrated circuit technology with advanced frequency performance. In March 2015, OmniVision Technologies Inc. launched the OV8865, a CMOS image sensor positioned on OmniBSI-2-pixel planning. It is utilized in high speed photography with low power consumption application. Samsung Electronics Co. Ltd. introduced a 280-megapixel APC-C image sensor, which employs advanced 65-nanometer and illuminated pixel technology to implement energy-efficiency and better picture aspect.

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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com