Tower Mounted Amplifier Market is Expected to Reach at a Value of US$ 2.60 Bn in 2027

 The overall tower mounted amplifier market worldwide is expected to reach at a value of US$ 2.60 Bn in 2027 and is set to grow with a CAGR of 9.4 % during the forecast period.

Market Insights

The global market for tower-mounted amplifiers is driven by increasing global urbanisation and digitalisation. The use of the Internet has increased the digitalisation, which is considered to be one of the main factors driving the TMA market globally. Using mobile data creates a large data traffic that raises various issues in the network and therefore reduces these problems by using tower mounted amplifiers.

The ability of these amplifiers to reduce noise and amplify signals improves network efficiency, strength and connectivity. Various companies are investing heavily in the development of new technologies based on TMA, which are expected to drive the market in the future.

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On the basis of the application, the market for tower mounted amplifiers was segmented as telecommunications, industrial and retail. The telecommunications segment dominated the market by holding more than 45 percent of the market share in 2018. The segment is driven by the increasing demand for smart phones and the increasing use of the Internet. Similarly, the demand for a high-strength network from users is also driving the segment. The telecommunications segment is expected to be the fastest growing segment due to the increasing development of 5G networks.

Asia-Pacific is expected to be the fastest growing region due to an increasing number of Internet users in the region and ongoing 5G deployment projects. Governments in the region spend a great deal on improving and strengthening their communication networks. In addition, increasing digitization and urbanisation have also increased the adoption and use of IoT devices, which are expected to drive the market in the future. The Asia-Pacific region is expected to grow by more than 10.0 per cent during the forecast period.

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Tower Mounted Amplifier with Direct Sales in its Channel Segment Continue Dominating the Market

In 2018, the total market for tower mounted amplifiers was driven by the direct sales segment in its channel segment, which contributed to a high market share of total revenues generated globally in 2018 and is expected to grow by more than 7.9 per cent during the forecast period. Advances in technology and the increasing use of mobile phones have led to TMA's demand, as these amplifiers reduce noise and improve network functionality, while mobile tower companies purchase these amplifiers directly from manufacturers at a lower cost. However the distribution channel is expected to be the fastest growing segment in the forecast period.

North America Dominates the Market by Region

The global market for tower-mounted amplifiers was led by North America with a market share of more than 30.0 per cent in 2018. This is due to increased use of IoT devices by IoT devices and increased use of smartphones and tablets. In addition, the market for TMA in North America is expected to grow with a CAGR of 9.2% over the forecast period due to network advancement and the introduction of 5G in the region.

Key questions answered in this report

• What was the market size of tower mounted amplifier in 2018 and forecast up to 2027?
• Which is the largest regional market of direct sales in channel segment?
• What are the major trends followed in tower mounted amplifier market across different regions?
• Who is the key tower mounted amplifier companies leading the market?
• What are the key strategies adopted by the leading tower mounted amplifier companies in market? 

Unique data points of this report

• Statistics on tower mounted amplifier  penetration and spending worldwide
• Recent trends across different regions in terms of adoption of tower mounted amplifier.
• Notable developments going on in tower mounted amplifier  market
• Attractive investment proposition for segments as well as geography
• Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

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Virtual Fitting Room Market: Eyewear is Estimated to Grow Significantly During the Forecast Period

 The virtual fitting room market is set to grow with a CAGR of 20.5% during the forecast period.

Market Insights

The virtual fitting room market is driven by the increasing adoption of the augmented reality and virtual reality in the retail sector. The integration of the AR and VR solutions is enabling businesses to grow and increase financial prospects. Moreover, the technology also enables retailers to provide enhanced experience to their customers, while keeping the cost of operations low. Additionally, the technology also enables the development of marketing methods for customer engagement. This is acting as a major driver for the growth of the market. Consistently growing online retail sector worldwide is another major factor supporting the market growth. With online sales of apparels and other accessories gaining momentum, the market is set to register robust growth in the near future. 

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The market for virtual fitting rooms is categorised on the basis of hardware, software and service components. Software accounted for more than 45 percent of revenue in 2018. The growth of the market is attributed to the large-scale adoption of analytical tools and solutions between online and offline retailers to optimise the business process. Furthermore the adoption of new intelligent algorithms, such as machine learning and deep learning, among retailers to gain consumer insights is also driving market growth.

North America dominates the market with a revenue share of more than 40%. The market here is backed by a vast and sophisticated e-commerce industry in the U.S. and Canada. It is estimated that Asia Pacific is experiencing a rapid growth of over 23 per cent over the forecast period. The growth of the market is driven by the increasing adoption of smartphones and internet services across the region. In addition, the growing e-commerce market in the region is also a major driver of market growth. In addition, increasing venture capital investment in retail technology also accelerates market growth.

Eyewear is Estimated to Grow Significantly During the Forecast Period  

The market for virtual fitting rooms is characterised by its application to apparel, accessories, eyewear, jewellery and watches, cosmetics and others. Apparels accounted for more than 30% of the total revenue generated in 2018. The growth of the market is driven by large-scale shopping of apparel in online stores. On the other hand, eye wear is estimated to increase significantly during the forecast period due to the increased integration of virtual fitting rooms across the domain.

North America is Leading the Virtual fitting room Market                             

North America held more than 42% of its share in the market for virtual fitting rooms in 2018. The growth of the market is driven by the growing e-commerce market in the region. The U.S. is one of the world's largest e-commerce markets with a high number of online shoppers. In addition, a high number of smartphone users and Internet users in the region are also stimulating the growth of the market. In addition, increasing venture capital investment in technology start-ups in the region also supports market growth.

The key players in the virtual fitting room market are 3D-A-PORTER, AstraFit, Coitor IT Tech, ELSE Corp, Fision Technologies, Fit Analytics, FXGear, Magic Mirror, MemoMi, Metail, SenseMi, Sizebay, Total Immersion, triMirror, True Fit, Visualook, and Zugara.

Unique data points of this report

• Statistics on virtual fitting room and spending worldwide
• Recent trends across different regions in terms of adoption of virtual fitting room across applications
• Notable developments going on in the industry
• Attractive investment proposition for segments as well as geography
• Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

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Quantum Computing Market is expected to reach US$ 7,635.38 Mn by 2027

 The global quantum computing market is expected to reach US$ 7,635.38 Mn by 2027, expanding at a CAGR of 34.3% during the forecast from 2019 to 2027.

Market Insights

Quantum computing has introduced new paradigm of computing with potential to solve complex problems much faster than the traditional computing methodologies. With the inbuilt property of superposition and entanglement, quantum computers can provide results exponentially faster than the traditional computers. Besides this, the new technology can spur the development rate of new breakthrough technologies in the field of medication, science, material analysis, machine learning, planning financial strategies, and many other applications. Some researchers are actively collaborating with the industry leaders to discover new best-suited applications of the quantum computing.

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The global quantum computing market is bifurcated on the basis of type, application, industry verticals, and regions. Optimization and material simulation are the most lucrative application areas and expected to spur the market growth significantly in the coming years. Increasing demand for the development of new materials and molecules in the chemical, healthcare, and agriculture sector to discover new horizons of advancement is the prime factor behind the prominent growth of the segment. Similarly, exponential growth in the logistics and traffic has forced software vendors to implement advanced computing methodology for route optimization. For instance, in March 2017, Volkswagen in partnership with D-Wave Systems Inc. has successfully experimented the quantum computing for traffic reduction in Beijing, China.

The global quantum computing market for North America, Europe, Asia Pacific and the rest of the world is analysed by geography. North America has dominated the global quantum computing market with an impressive outlook in the near future. Technology advancement in the region is a major driver of growth. In addition, a significant investment portfolio of both public and private investors in the R&D sector has a positive impact on the regional market. As of July 2019, some of the top-funded companies in North America include D-Wave Systems Inc. with a total funding of US$ 210 million, Rigetti Computing with US$ 119 million, and Silicon Quantum Computing with US$ 66 million.

The global quantum computing market is highly competitive. The quantum pioneers are developing new business strategies to sustain their position as leaders in the market. Apart from the significant strategic alliance in the market technology leaders are investing prominently in the startup players. For instance, some of the mainstream investors such as Google Ventures, Amazon Inc., Sequoia Capital, A16z, Goldman Sachs and other venture capitalists have invested in nearly 16 startups for the year 2018 and the number is expected to increase in the coming years.

Aerospace & Defense Segment dominated the Global Quantum Computing Market in the year 2018

Aerospace & defense dominated the global quantum computing market in the year 2018 owing to higher requirement of secure data transfer and communication. Additionally, the demand for fast data operation is expected to boost the demand for quantum computing solutions in the industry. In recent past, the National Aeronautics and Space Administration (NASA) announced to achieve quantum supremacy in partnership with Google Inc. The company has developed the fastest quantum computer with capability to solve problems in just 200 seconds. On the other hand, automotive and healthcare industry finds lucrative applications of quantum computing methods for route optimization and material synthesis. Quantum computing can reveal new horizon of development in the field of medical science for treatment of various rare diseases.

Asia Pacific witnesses Highest Growth over the Forecast Period

North America held a large share of revenue in the global quantum computing market in 2018. Impressive investments and technological advances are the main factors that increase regional growth. On the contrary, Asia Pacific is set to grow exponentially over the forecast period due to the strategic governance plans of the various Asian countries. Recently, the Chinese government announced the construction of a US$10 billion National Laboratory for Quantum Information Sciences, which is expected to begin in 2020. Other than China, Japan and South Korea, there are other major regions that exploit quantum computing features for different industry verticals. In addition, the region has a promising industrial growth that favours market growth during the forecast period. BFSI significantly implements the quantum benefits of advanced computing.

Some of the prominent players profiled in the global quantum computing market report include D-Wave Systems Inc., International Business Machines Corporation, Google Inc., 1QB Information Technologies, Microsoft Corporation, QX Branch, Cambridge Quantum Computing Limited, QC Ware Corp., Rigetti Computing, and River Lane Research among others.

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