Technology & Media Market Research Reporters
The convergence of IT and telecommunication technology has resulted into more effective and multidimensional mode of communication between the businesses. The B2B telecommunication industry thus facilitates a healthy interaction between companies which can happen in many forms. B2B telecommunication providers maintain the systems that transmit various types of data, sound, voice and video that enables a direct communication between business/businesses. Such technologies can also boost a company’s visibility within the specified domain and recognize networking opportunities.
Request a Free Sample Copy of B2B Telecommunication Market Report @ https://www.millioninsights.com/industry-reports/business-to-business-b2b-telecommunication-market/request-sample B2B telecommunication segment falls into three categories viz, small businesses, medium enterprises and large corporations. The usage for these differs greatly. Depending upon the scope, scale and requirement of an organization the uses may differ accordingly. In the earlier days, businesses were limited to only a simple computer and a telephone. With modernization and technological developments B2B telecommunications advanced greatly owing to minimum costs of broadband internet and data storage facilities. In addition, more and more companies are using social media platforms to boost their networking techniques and project themselves as industry leaders. Along with benefits, B2B telecommunications have paved a healthy way for business meetings. B2B telecommunication enables companies to save on time and travel through video calls, and teleconference without spending much on travel and accommodation. Environmental impacts are sought too. It helps in lowering the use of paper and other resources that impact negatively as a waste. The major driving forces for the growth of B2B telecommunication market include rise in use of IP based services such as VoIP and growth in demand for unified communications (UC). However, stringent regulatory issues, data privacy, tax related laws and accounting rules are some major constraints for the global B2B telecommunication market. IP based communication allows exchange of voice and data over IP networks. IP based communication offers various benefits such as free voice calls to branch offices, and long-distance voice calls in a nexus network. Unified communications enable real-time and non-real time communication tools that allow the companies to exchange information through different forms. UC is a mixture of messaging, video, conferencing, presence information, call control, email, SMS and FAX. The report “B2B Telecommunication Market” is available now at https://www.millioninsights.com/industry-reports/business-to-business-b2b-telecommunication-market On the basis of service, the global B2B telecommunication market is segmented into voice service, data service and broadband. Voice service can further be segmented into long distance international as well as domestic calls. On the basis of connectivity technologies, the global B2B telecommunications market is segmented into Ethernet, GSM, TD-SCDMA, TD-LTE and WLAN. On the basis of geographic segmentation, the global B2B telecommunication market spans North America, Latin America, Europe, APEJ, Japan, Middle-East and Africa. North America dominates the global B2B telecommunication market in terms of revenue owing to penetrating uses of IP based communication services by businesses. In the Asia Pacific, the IT companies are furnishing integrated solutions based on service oriented architecture (SOA). The solutions have helped the companies to deliver & access information from different databases via a single device. The prominent players in the global B2B telecommunication market include China telecom corporation, America Movil, Telefonica SA, Softbank group corporation, Deutsche Telekom AG, the Nippon telegraph and telephone corporation, AT&T, Vodafone group plc, Verizon Communications Inc., China Mobile Communications Corporation. To read more reports of this category, Visit our blog: https://techonology-media-market.tumblr.com
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The advancement of mobile phone technology is expected to drive mobile wallet market or digital wallet industry in near future. In 2015, mobile wallet market size was valued USD 592.45 billion worldwide. The boundless Smartphone use and its increasing penetration level will favour mobile wallet market. The market has emerged as a result of technological advancement which enhances customer experience. Consumer payment credentials are saved and are made available at point of sale. NFC has made significant change in payment technologies. Mobile wallet market allows consumers to manage their account and transaction from any location at affordable price. Banks, technology vendors and payment service providers in association with main players are developing platform and infrastructure to reinforce customer experience. To differentiate the business from competitors key players have provided features such as mobile vouchers and services, digital charity scheme, dynamic currency conversion. Value added service (VAS) is acting as driving force for cashless payment. Security issues and privacy concerns can act as restraint in this industry. Lack of government initiatives and supervision is another barrier for growth in this industry over a forecasted period. Request a Free Sample Copy of Mobile Wallet Market Report @ https://www.millioninsights.com/industry-reports/mobile-wallet-market/request-sample "Proximity product type is expected to portray highest growth over the forecast period" In 2014 mobile wallet segment had generated highest revenue and throughout the forecasted period it will dominate the market due to increase in cashless payment over a communication network. Due to increase in penetration of NFC enabled smart phones across the globe proximity product type is expected to have high growth rate. Flexibility feature will lead markets growth. "Government initiatives for modernizing the transportation and adoption of advanced technology has contributed public transportation application to have highest growth over the projected period" Mobile wallet market has applications in different segment such as retail, restaurant, public transportation and vending machine. According to revenue generated in 2015 its application in retail segment is expected to dominate the business. Better consumer experience and increasing number of smart phones will push the demand. Vending machine allows customers to make cashless transactions that will encourage consumers to purchase regularly. Devices with NFC integration provide better consumer experience along with security feature that will drive retailers to use this technology. Countries such as India, China and Indonesia have high vending machine usage that will improve the demand for application segments. Low processing fees through NFC technology will achieve cost and operational efficiency. Retailers accepting cashless payment will attain consumer data opportunities and loyalty. Special promotions and loyalty reward will help retailer to improve relations with mobile customers. "Increasing penetration of NFC enabled mobile phones in Asia Pacific has contributed to significant growth from 2016 to 2024" By 2024, Asia pacific region is predicted to generate key revenue and will have highest share among other regions. Large number of service providers and consumer preferences in this region are important factors for growth of mobile wallet market. In countries like India and China due to increase in disposable income and consumer needs mobile wallet market will have significant growth over the forecasted period. Government initiatives likes make in India and Digital India in country is expected to boost the penetration of mobile phones and other consumer electronics which will result in growing demand of industry. For further inquiries, about - Global Mobile Wallet Industry Analysis, Size, Growth, Trends and Forecast 2014 - 2024, click on this link – https://www.millioninsights.com/industry-reports/mobile-wallet-market Development in various applications such as NFC-based transactions, ticketing and access control in European market is anticipated over the forecasted period. Increase in number of NFC tags implementation has led to use of NFC readers. It is forecasted that Restaurant applications and public transportation will have key share in European market “Building trust among consumers is expected to increase the adoption rate" Bharti Airtel limited, Apple Inc (US), and American express company are Major competitors in mobile wallet market. These key players are continuously investing in R&D to develop innovative platform for users so as to gain market share. Market Segment: Mobile Wallet Product Outlook (Revenue, USD Billion, 2014 - 2024) • Proximity • Remote Mobile Wallet Application Outlook (Revenue, USD Billion, 2014 - 2024) • Retail • Vending Machine • Public Transportation • Restaurants Mobile Wallet Regional Outlook (Revenue, USD Billion, 2014 - 2024) • North America • Europe • Asia Pacific • Latin America • MEA Industry Insights Globally, the mobile robotics market valued at USD 4.43 billion in 2014 and is presumed to reach USD 10.60 billion by 2020. Rapid industrialization and growing need for automation to improve the efficiency in the production and to augment the quality process; mobile robotics is significantly evolving its market globally. Mobile robots represent powerful robots which act on a variety of operations according to their programmed configurations. Advancement in mobile robotics technology is significantly evolving in different functional areas as defense, warehousing, medical& healthcare, and logistics. It aids the humans in managing a specific set of task to overcome the human restraining and efficient in saving the cost of production. Optimized use of the resource in terms of labor cost, aging workforce and growing demand for productivity are presumed to impel the demand for the market growth. Furthermore, high initial investment and time consumption in particular set of functional areas such as manufacturing, marketing, and Research & Development are expected to be constraints for the market growth. Request a Free Sample Copy of Mobile Robotics Market Report @ https://www.millioninsights.com/industry-reports/mobile-robotics-market/request-sample Product Insights On the basis of products, the mobile robotic market is segmented into Unmanned Ground Vehicles (UGV), Unmanned Surface Vehicles (USV), Unmanned Aerial Vehicles (UAV) and Autonomous Underwater Vehicles(AUV). UGV is presumed to be the leading the segment over the projected year attributed to rising demand in the implementation in areas of military and defense agencies. UAVs are presumed to witness a substantial increase throughout the projected period associated with significant increase in the areas of photography, defense, wildlife research and survey, military, surveying and mapping, and security applications. The USVs has been impelled by cost-efficient wireless data system and global positioning system, which supposed to continue over the next few years. Application Insights By end-use, the mobile robotic market is bifurcated into service and industrial segment. The traditional industrial application covers warehousing &distribution, coating & dispensing and painting and de-painting. Service segments comprised of personal and professional end-use. Personal end-use comprised of domestic purposes such as maintenance, cleaning, and entertainment. Professional end-use covers logistics, agricultural, forest harvesting, medical, mining, and military & defense. Reduced price of cameras and sensors and feasible and accessibility of open source software development platforms are propelling factors for the increased demand for domestic robots for personal end-use such as vacuum cleaners and lawn movers. Combining the mobile robots with mobile technologies and smart appliances is presumed to enhance the profitability of personal service mobile robots. Regional Insights With the increase in number of terror attacks in different regions of Asia Pacific region, there has been increase in demand of military agencies to keep stringent surveillance system over such activities thus contributing factor of Asia-Pacific region such as India, China, Japan, South Korea and Australia for their dominance in the market and continue to increase growth over the projected years. Domestic robots are extensively used in countries of the US, Japan, Germany, and France for the cleaning and maintenance purpose. The U.S is expected to lead the R&D investment on UAV technology over the next ten years. The report “Mobile Robotics Market Size & Forecast Report, 2012 - 2020” is available now at https://www.millioninsights.com/industry-reports/mobile-robotics-market Competitive Insights The major players of mobile robotics players include Northrop Grumman Corporation (U.S.), iRobot Corporation (U.S), Google Inc(US), GeckoSystems Intl. Corp. (U.S.), Bluefin Robotics Corporation (U.S.), ECA Group (France), Honda Motor Co., Ltd. (Japan)., Adept Technology, Inc. (U.S.), KUKA AG (Germany), Amazon.com Inc (U.S). Market Segment: Mobile Robotics Product Outlook (Revenue, 2012 – 2020) • Unmanned Ground Vehicles (UGVs) • Unmanned Aerial Vehicles (UAVs) • Unmanned Surface Vehicles (USVs) • Autonomous Underwater Vehicles (AUVs) Mobile Robotics Application Outlook (Revenue, 2012 – 2020) • Industrial • Service Mobile Robotics Regional Outlook (Revenue, 2012 – 2020) • North America • Europe • Asia Pacific • RoW To read more reports of this category, Visit our blog: https://technologymediamarketreports.home.blog |
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