Global Virtual Reality (VR) In Gaming Market is Expected to Worth $45.09 Billion by 2025: Key Industry Participants Samsung Electronics Co. Ltd., Qualcomm Inc.

San Francisco, 21 September 2018: The global virtual reality (VR) in gaming market size is expected to reach USD 45.09 billion by 2025, according to a new report by Grand View Research, Inc. Increasing competitiveness among key players such as Microsoft Corp., Sony Corp., and Nintendo Co. Ltd. to launch VR-compatible consoles has triggered industry growth.

Virtual reality technology can enable gamers to indulge in an imaginary setting where the gamer’s physical presence is simulated to be a part of the three-dimensional environment. With VR equipment and accessories, the user can view, move around, and even interact with the objects within the game. Several start-ups are developing prototypes for using the virtual reality technology in video games, which is expected to impact the growth favorably over the years to come.

Gaming consoles are expected to emerge as the most favored devices for playing games equipped with VR technology on account of the presence of efficient processors as compared to desktops and smartphones which may not match the immersive simulation experience provided by a console dedicated to playing games.

Lack of awareness about VR technology in games, high initial investment, compatibility issues of virtual reality devices with consoles, spatial discomfort and the risk of other physical and mental ailments may pose a challenge to the otherwise growing industry for VR technology in video games.

Access Research Report of Virtual Reality (VR) In Gaming Market @ www.grandviewresearch.com/industry-analysis/virtual-reality-in-gaming-market

Further key findings from the report suggest:

·       Growing at a CAGR of around 30% during the forecast period, by 2025, the hardware segment is expected to account for a majority of the revenue a share

·       In 2015, the estimated size of the software segment was around USD 2 billion

·       Demand for VR accessories such as head mounted displays, motion sensing devices, treadmills, gloves, masks, backpacks, and bodysuits is expected to witness robust growth

·       Demand for virtual reality hardware is expected to increase drastically once the consumer versions are readily available

·       Smartphones are expected to be the fastest growing device segment during the forecast period

·       In 2015, the U.S. VR in gaming market accounted for the largest revenue share; however, China is expected to emerge as a key regional market by 2025

·       The Latin America and the MEA regions are projected to experience the fastest growth which may be attributed to rising awareness and demand for the technology in the coming years

·       As the technology is fairly new, a significant proportion of VR accessories and wearables are currently in the development stage; the Head Mounted Displays (HMDs) launched by Oculus VR, LLC, and HTC Corporation in 2015 and 2016 are popular among consumers

·       Leap Motion Inc., Razer Inc. VirZoom Inc., and Virtuix are prominent companies developing wearables such as motion sensing devices, treadmill, and gloves

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/display-technologies

Grand View Research has segmented the global virtual reality in gaming market by component, device, and region.

Virtual Reality in Gaming Component Outlook (Revenue, USD Million; 2014 - 2025)

·         Hardware

·         Software

Virtual Reality in Gaming Device Outlook (Revenue, USD Million; 2014 - 2025)

·         Gaming Console

·         Desktop

·         Smartphone

Virtual Reality in Gaming Regional Outlook (Revenue, USD Million; 2014 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    China

o    India

o    Japan

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa

Access Press Release of Virtual Reality (VR) In Gaming Market@ www.grandviewresearch.com/press-release/global-virtual-reality-in-gaming-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.

For More Information: www.grandviewresearch.com

Restaurant POS Terminal Market is Expected to Amplify $24.7 Billion Value by 2025|Top Industry Players Ingenico SA, Verifone System

San Francisco, 21 September 2018: The global restaurant POS terminal market is expected to reach USD 24.7 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for POS system among the restaurant operators for billing and management solution such as inventory management, cost management, labor management is a major factor that is expected to drive the market growth

Cloud-based POS systems are projected to gain traction over the forecast period owing to the benefits such as the ability to access real-time, enterprise-wide restaurant data from web-enabled devices. Moreover, to this, the cloud-based POS system quickly meet the PCI compliance as all data is stored on the cloud which makes it a suitable option for the restaurant owner.

The front-end application segment holds the largest share of restaurant POS terminal market in 2016 and is expected to reach over USD 15 billion by 2025. The quick service restaurant (QSR) is one of the largest segment of the food service industry. The QSRs are facing high competitions within the food service industry from fast casual, casual and full-service restaurant. Additionally, there is high pressure on the QSR owner to provide faster service at the comparatively low price. The restaurant POS system helps these operators in order management, improving inventory buying decision, staff management, increase customer satisfaction with faster payment processing and others.

The market for quick-service restaurant segment is expected to grow at a CAGR of 11.1% from 2017 to 2025. The market is also anticipated to witness a substantial growth within the fine dine and casual dine segment over the next eight years.

Access Research Report of Restaurant POS Terminal Market @ www.grandviewresearch.com/industry-analysis/restaurant-point-of-sale-pos-terminal-market

Further key findings from the report suggest:

·       The global restaurant POS terminal market accounted for USD 10.16 billion in 2016 and is expected to grow at a CAGR of 10.1% from 2016 to 2025

·       Fixed POS terminal emerged as the largest segment in 2016 and is estimated to generate revenue over USD 7.79 billion by 2025.

·       The hardware market for restaurant POS terminal is anticipated to witness moderate growth over the next eight years. The segment has been further segregated into touch screen/desktops, swipe card machines, and desktops.

·       The restaurant POS terminal market for FSR is estimated to reach over USD 8 billion by 2025

·       The Asia Pacific market is projected to witness substantial growth over the next decade owing to growing adoption of POS terminal among the restaurant operator. The regional market is expected to grow at a CAGR of 9.7% from 2017 to 2025

·       Key players include Ingenico SA, Verifone System, and PAX technology dominated the market, accounting for a majority share of the overall market in 2016

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the restaurant POS terminal market on the basis of product, component, deployment, application, end-user and region:

Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Fixed POS terminal

o    Self-serve kiosks

o    Cash counters terminal

o    Vending machine

·         Mobile POS terminal

Component Outlook (Revenue, USD Million, 2014 - 2025)

·         Hardware

o    Touch Screen/ Desktop

o    Swipe card machine

o    Others

·         Software

Deployment Outlook (Revenue, USD Million, 2014 - 2025)

·         Cloud

·         On Premise

Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Front End

·         Back End

End-user Outlook (Revenue, USD Million, 2014 - 2025)

·         FSR (Full Service Restaurant)

o    Fine Dine

o    Casual Dine

·         QSR (Quick Service Restaurant)

·         Institutional

·         Others

Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    France

o    UK

·         Asia Pacific

o    China

o    India

o    Japan

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa 

Access Press Release of Restaurant POS Terminal Market@ www.grandviewresearch.com/press-release/global-restaurant-point-of-sale-pos-terminal-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.

For More Information: www.grandviewresearch.com

Smart Headphones Market is likely to Touch $7.48 Billion by 2022: Key Industry Players Bragi, Intel, LG

San Francisco, 21 September 2018: Global smart headphones market is expected to reach USD 7.48 billion by 2022, according to a new report by Grand View Research, Inc. Increasing acceptance of bluetooth wireless technology paired with developments including water resistant features and recalibration functions is estimated to propel product demand. Increasing adoption of headphones particularly while working out and during office hours is expected to fuel growth. Development resulting in incorporation of MP3 player in smart headphones is expected to result in demand growth.

Shifting consumer preference towards purchasing expensive headphones and earphones for enhanced listening experience is anticipated to drive industry growth over the next few years. Surge is replacement market coupled with availability of advanced features is expected to drive market demand over the forecast period. Customers are increasingly opting for these devices owing to their high fidelity, style and availability of technologically advanced products. However, high cost as compared to conventional headphones is expected to pose challenge to industry growth. Issues pertaining to power consumption and user interface might pose serious challenges to market growth.

Access Research Report of Smart Headphones Market @ www.grandviewresearch.com/industry-analysis/smart-headphones-market

Further key findings from the report suggest:

·       Wireless segment accounted for over 75% of the overall revenue in 2014, and is expected to witness rapid growth at a CAGR of over 20% from 2014 to 2022 owing to increasing adoption especially in call centers, fitness centers and entertainment or gaming arenas.

·       Growth in the wired segment can be primarily attributed to benefits offered by these devices over their counterparts such as low power consumption and cost. Wired headphones also offer better durability and ease of use for consumers.

·       North America accounted for more than 40% of the overall share in 2014, and is also estimated to exhibit highest growth over the next few years owing to early technology adoption ensuring faster penetration.

·       Asia Pacific smart headphones market is anticipated to exhibit substantial growth over the foreseeable future in light of rising consumer disposable income of customers in India, Japan Taiwan and Korea. Consumers in the region have high preference for technologically advanced products and with the aforementioned factors, smart earphones demand is expected to witness growth over the next seven years.

·       Key market participants include Bragi, Intel, LG, Sennheiser, Huawei, Chipsip, Sony, Samsung, Valencell and Cosinuss. Industry participants strive to develop light weight products with advanced audio solutions and high noise cancellation features that offer better listening experience along with better connectivity. Vendors also emphasize on enhancing distribution channels through multiple partnership and long-term contracts to ensure stable supply of headphones.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the global smart headphones market on the basis of product and region:

Smart Headphones Product Outlook (Revenue, USD Million; 2014 - 2022)

·         Wired

·         Wireless

Smart Headphones Regional Outlook (Revenue, USD Million; 2014 - 2022)

·         North America

·         Europe

·         Asia Pacific

·         RoW

Access Press Release of Smart Headphones Market@ www.grandviewresearch.com/press-release/global-smart-headphones-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.

For More Information: www.grandviewresearch.com

Precision Farming Market Poised for Robust Value CAGR of 14.2% Through 2025: Top Industry Players Agribotix LLC (U.S.), Deere & Company (U.S.)

San Francisco, 21 September 2018: According to a report published by Grand View Research, Inc.; the precision farming/agriculture market is likely to reach a valuation of around USD 10.23 billion by 2025. Increasing government support for implementing modern agricultural techniques and increasing requirement to monitor crop health to improve yield production due to demand for food can propel the market growth over the forecast period (2014 to 2025)

Precision farming involves a vast array of technologies such as bio-engineering, imagery and sensors, robotics and automation, big data, and digitization. Digital farming technology comprises cloud-based software and smart technologies like hybrid software/hardware products. Rising awareness about Internet-of-Things (IoT) devices and advanced analytics tools among farmers can positively drive the market in the coming years. IoT-based tactics can reduce the risks and helps in increasing crop yields. The labor expenses can be also minimized with the help of automated data collection using field sensors.

The field sensors can provide readings on soil moisture, nutrition, thermal, and growth monitoring, and weed recognition. Moreover, rising applications of telematics is likely to drive the market growth in the years to come.  These techniques are extensively used to collect and transfer data from the farm equipment via sensors, which are installed on tractors as well as another field monitoring equipment. Telematics services include Global Navigation Satellite System (GNSS) can be used to display the precise position of the equipment. The practice of site-specific crop management will help in reducing the cost of nitrogen fertilizers and pesticides and improving crop yields. It can deliver better information for management decisions and better farm records which are crucial for sale.

Access Research Report of Precision Farming/Agriculture Market@ www.grandviewresearch.com/industry-analysis/precision-farming-market

Moreover, advancements in agricultural Global Positioning System (GPS) systems, Geographical Information System (GIS), electronics miniaturization, and drones are playing a major role in driving the adoption rate of remote sensing technology. The images captured from this technology can be used for many purposes like mapping soil properties, crop water stress detection, and monitoring of weeds and diseases on crops.

However, the market may face restraints due to low adoption rates of the technology among farmers in developing economies. In addition, the absence of standards and restrictions on the data exchange between the systems limits the implementation of modern agricultural equipment of different brands and companies.  

The worldwide precision farming/agriculture market can be segmented on the basis of offering, application, and region. Based on offering, the market can be categorized into hardware, software, and services. The services segment is expected to grow at a CAGR of 16.0% over the forecast period. Application-wise, the market can be split into yield monitoring, field mapping, crop scouting, weather tracking and forecasting, farm labor management, inventory management, and irrigation management.

Geographically, the market can be divided into North America, Europe, Asia Pacific, South America, and Middle East and Africa (MEA).

In 2016, North America estimated for the largest revenue share. Increasing government efforts to develop modern agriculture technology can create positive opportunities in the market in the coming years. For instance, the Canadian government put lots of investment in Clean Seed Capital Group for the development and commercialization of precision agriculture technology. The aim of this effort was to decrease the additional use of fertilizers and pesticides. The company established the CX-6 SMART Seeder for farmers by utilizing this fund.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Moreover, increasing awareness programs in the region can also make positive impact on the market. To create awareness among farmers, the National Institute of Food and Agriculture (NIFA), a part of the U.S. Department of Agriculture has been conducting programs on precision, geospatial, and sensor technologies. Collaborating with Land-Grand universities, the NIFA supports farmers in developing strong sensors, software, and devices for analyzing and observing several complex biological resources and procedures.

European market is expected to show significant growth in the coming years due to increasing with government financial incentives and growing digital revolution in agriculture sector.

Key players of the precision farming market include Farmers Edge, Inc.; Granular, Inc.; Agribotix LLC (U.S.), SST Development Group, Inc.; and Deere & Company.

Precision Farming/Agriculture Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Yield monitoring

o    On-farm

o    Off-farm

·         Field mapping

·         Crop scouting

·         Weather tracking & forecasting

·         Irrigation management

·         Inventory management

·         Farm labor management

Precision Farming/Agriculture Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         South America

·         Middle East and Africa (MEA)

Access Press Release of Precision Farming/Agriculture Market@ www.grandviewresearch.com/press-release/global-precision-farming-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.

For More Information: www.grandviewresearch.com