Ever since LiFi was presented to the world in 2011, the technology as a market has been rapidly growing. The emergence of startups developing and providing LiFi solution has given the market a further boost, along with the fact that several established lighting and semiconductor companies are partnering and collaborating with these start-ups to deliver complete LiFi solutions. While LiFi is yet to be standardized, several commercial products have begun to enter the market and with the IEEE Working Committee and industry players working towards standardization, the market is set to receive a major push.

LiFi has already begun to see its implementation across a wide range of applications like Retail, Enterprise, Healthcare, Smart Cities, Underwater Communications, and Museums. These areas are expected to witness ever increasing application of the technology as the market becomes better informed about the benefits of LiFi. Moreover, several new application areas such as Industries are expected to be served by LiFi in the near future. The recent market report titled ‘VLC and LiFi Market – Global Analysis and Forecast, 2018-2023’ will throw light on these aspects of the LiFi market and its growth prospects.

With the radio frequency spectrum inching towards its brink, there is expected to be unprecedented growth and demand in the market for LiFi. The market presents several new avenues for new entrants which, although, a major threat to existing players, is a playground for competitiveness and growth. Some key players of the market are pureLiFi, VLNComm, OLEDComm, Velmenni, Firefly LiFi, nextLiFI, Philips Lighting, Osram, and Lucibel, among others.

The recent market report titled ‘Visible Light Communication and Light Fidelity (LiFi) Market-Global Analysis and Forecast, 2018-2023’ will throw light on these aspects of the VLC and LiFi market and its growth prospects.

 Our next blog will talk about revenue potential and offer more granularity on this industry.

The post Lighting their way to connectivity – The advent of LiFi appeared first on Esperto Market Research.

The small satellite market has received a further push with the emergence of start-ups and the onset of NewSpace, which is changing the way business is carried out in the industry. While NewSpace has not been technically defined, the concept is primarily about challenging the traditional ways of space exploration that are considered too expensive, time-consuming, and risky. Companies that identify with NewSpace are working to bring down the cost of space products and services. Their space missions are, therefore, based on the fly-learn-refly approach. The result is that space is now considered a commercially attractive domain, while also making satellite services viable for widespread decision making and other services.

The number of small satellites launched has seen a phenomenal increase in the last decade, with the year 2017 witnessing a record number of launches, surpassing all expectations and forecasts. This trend is expected to continue in the next five years with several small satellite constellations planned to be launched, beginning 2019. As a result, the market is poised to witness double digit growth. These constellations will pull up the market growth for all the participants of the value chain, ranging from manufacturers to launch and satellite services providers. The launch industry is forecast to be the largest beneficiary of the incessant growth in the market. The recent market report titled ‘Small Satellite Market – Global Analysis and Forecast, 2018-2023’ will throw light on these aspects of the small satellite market and its growth prospects.

While small satellites currently contribute only a small share to the $330 billion space industry, there is expected to be unprecedented growth in the market because of the vast potentials that small satellites possess. The market presents several avenues for new entrants which, although, a major threat for existing players, is a playground for competitiveness and growth. Another trend that has been observed in the small satellite market is the active participation and investments by venture capitalists. This investment is a major driver of the small satellite market. Some key players of the market are Surrey Satellite Services Ltd, NanoRacks, GomSpace, Spire, Planet, Thales Alenia Space, Airbus, and SpaceX, among others.

 Our next blog will talk about revenue potential in the small satellite industry.

The post Making it big with their small size- The boom of Smallsats! appeared first on Esperto Market Research.

The double digit growth of the VF Market has become a potential revenue source, largely for lighting players. The incessant growth of the LED market has been further propelled by the adoption in the agriculture sector, VF being in the forefront. The participation of lighting giants such as Philips, Osram, and GE exemplify the potential that this market holds. Moreover, more niche players such as Fluence Bioengineering and Valoya are eyeing the opportunistic alliance of legal Cannabis cultivation and VF.

In the past two years (2016-2018), the state and definition of VF has significantly evolved. Over $280 million have already been invested in the VF market place in the last 1.5 years alone. Moreover, companies such as Plenty have been at the epicentre of investments and funding, offering hope and opportunities for the large number of young companies in the market. The company plans to enter the Chinese Market with more than 300 vertical farms with funds from Jeff Bezos (Amazon Chief Executive) and Eric Schmidt (Alphabet Executive Chairman). Furthermore, the heightened state of smart cities and associated developments (in Middle East and Asia) is expected to drive revenue for the Vertical Farming market in the next five years. It is anticipated that AeroFarms might commence a project in Qatar with local business tie-ups.

The growth and sustenance of the VF market is heavily reliant on how its perception evolves among the masses. The current viability of such farms is largely limited to greens and high end exotic crops. A significant percentage of the global population still considers onions, potatoes and similar vegetables as staple. Therefore, it is imperative for R&D to be focussed on growing more of these and less of greens. Adding on to that, the market should not be touted as a solution to world hunger, where a whooping percentage relies on conventional farming as their livelihood and do not have the resource pool for switching practices. The viability holds immense authenticity for countries like Singapore which are economically strong and have an alarming scarcity of arable lands. The reliance on imports is yet another factor for such countries to opt for space and yield effective farming alternatives.

Our next blog for Agriculture talks about Automation and Analytics in Agriculture Sector.

The post Investment, Speculations, Expectations- State of Vertical Farming 2018 appeared first on Esperto Market Research.

However, as we are dawning towards the end of the decade, ISS has become the hotspot of investment and product innovations across the security ecosystem. The recent stir of advancements brought forward by software, analytics, and services has not only introduced new revenue models, but are also propelling the demand of ISS at a global level.

The recent market report titled Integrated Security Solutions Market- Global Analysis and Forecast, 2018-2024 is the first extensive report in the market.  The report has been designed to assist the stakeholders in understanding the potential of the market in addition to gauging the industry attractiveness. Analysts at EMR believe that for large scale applications, managing multiple systems becomes tedious and causes fatigue for the personnel monitoring these systems. Integrated security solutions hold the potential to completely eliminate this challenge by offering a unified system to manage and control end to end security subsystem within an application.

Devices under ISS transfer real time information and act as one entity. The interoperability of multiple security devices provides significant benefits to the end-users. EMR estimates a small percentage of end-users to be currently adopting ISS as their preferred choice; however, with the increasing complexity of criminal activities, it might just become imperative to rely on a more robust and centralized security solution.

Here is how Integrated Security Solution benefits organization, enterprise or residential area.

• Enhanced Productivity– The unified system provides centralized security operation to the owner. Instead of managing individual security devices, security specialist can get a full report from one area. It reduces managerial task of security operator and thereby improves their productivity. Moreover, it also monitors employees’ activity and hence reduces chance of internal thefts as well.
• Improved Safety- Security is essential part of any institution. By controlling access in restricted areas, monitoring actions and detecting hazardous threats such as fire and simultaneously taking actions in mitigating them it is providing enhanced security in efficient way.
• Real Time Monitoring- Unified security system allows real time monitoring of security that is difficult with separate multiple security devices. Real time monitoring allows operators to take quick actions and fix errors without any delay.
• Operation and Cost efficiency– Centralized security system has lower staff requirement for maintenance as well for security purpose. It is inexpensive to upgrade the installed security system. Moreover, instead of managing individual security devices the owner has to bear the costs of single unified security system.

The market is still at an incipient stage but its share in the Global Physical Security market is rapidly increasing, largely driven by the growth in the Video Surveillance industry. In the current scenario the integration of Access control and Video Surveillance is prevalent, However, as large scale applications begin adopting ISS, Perimeter Security share to the marker is expected to increase considerably.

To read more about the integrated security solutions, please get in touch with us.

The post Integrated Security Solutions- Marking a Niche in the Security Industry! appeared first on Esperto Market Research.