Market Survey Report: December 2017

Tuesday, 12 December 2017

Next Gen LMS Market for Higher Education is expected to expand at a respectable growth rate from 2017-2021

The global next gen learning management systems (LMS) market is expected to expand at a respectable growth rate from 2017 to 2021 (forecast period). It is driven by automated systems that can provide training to employees in organizations. Their achievements can be tracked by their position, performance, and other metrics such as social, behavioral, and emotional aptitude.

Learning Management Systems (LMS) is a software application designed to impart training or educational courses, coupled with tracking, reporting, documenting, and administrative tasks. Bring-Your-Own-Device (BYOD) is a trend that is encouraging the growth of this market with other mobile learning platforms. SMAC (Social, Mobile, Analytics, Cloud) is also playing a major role in supporting this trend. Cloud computing is an economical method of delivering courses to various potential students. Advances in technology are spurring the adoption of LMS by corporations.

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Mobile learning support systems are increasingly gaining prominence in the industry. LMS providers are creating software that would be compatible with latest smartphones to target a particular demographic. INSTRUCTURE, a U.S. LMS provider, has partnered with the Georgia Institute of Technology to implement the company’s LMS (“Canvas”) to offer educational courses for residential and virtual residents. The system can be used to improve their learning experience and increase passing percentage.

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The worldwide next gen LMS market is segmented according to application, end user, and region. By application, the market is fragmented into learner management, content management, performance management, administration, communication and collaboration, and others. Learner management is anticipated to generate maximum revenue for the market due to the need to monitor course progress, create reports, and various other tasks. The telecom and IT industry is expected to be the biggest end user due to ever-evolving technologies involved in the sector.

End users include corporate and academic. The corporate segment is sub-divided into small and medium (SME) enterprises and large enterprises. The academic segment is sub-segmented into higher education and K-12. The higher education segment is expected to exhibit a 31.7% CAGR during the forecast period. The corporate segment is touted to be a big market earner in the forthcoming years. Within the academic segment, K-12 holds a smaller market share as compared to higher education. Grovo, Litmus LMS, and Absorb LMS are popular corporate LMS software, while Blackboard and Moodle cater to the higher education segment.

By geography, the market covers North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). North America may lead the global market during the forecast period due to the adoption of LMS by various corporations. It was driven by job and vocational training courses, particularly in the U.S. It is encouraged by presence of multinational corporations and other large conglomerates.

The APAC market is expected to exhibit a respectable CAGR till 2021 with organizations adopting these solutions to train employees and gain better dividends. India is one of the hottest markets after the U.S. with a high student population. Demand for these systems by working professionals to further their education is expected to influence market growth. The India market may register a double-digit growth rate during the forecast period.

The market is oligopolistic in nature with only few players at the top. Prominent market players encompass INSTRUCTURE, Jenzabar, Docebo, Growth Engineering, and D2L Corporation. INSTRUCTURE’s LMS had a high adoption rate in high schools in the U.S. Players are investing in the Cloud platform and reorganizing their structure to keep their plans feasible. Technologies that can deliver analytics and integration on various platforms are future trends that could define the market.

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Interactive Whiteboard IWB Industry is Expected to Expand at a Robust Growth Rate Over the Forecast Period

The global interactive whiteboard (IWB) market is expected to expand at a robust growth rate over the forecast period. Interactive whiteboards are large displays connected to computers for displaying images and other data. These boards allow users to click, drag, and copy items using a stylus, pen, or finger. These can be categorized based on type of sensing technology into electromagnetic, laser, resistive, and camera-based IWBs. Infrared (IR) optical devices can also be a part of IWBs. Factors such as technological proliferation and rising number of application areas of IWBs across government and corporate sectors are expected to drive market growth over the forecast period.

In addition, growing adoption levels of high-end and virtual learning initiatives are anticipated to augment the market growth. Various schools and universities across the globe are majorly focusing on the implementation of new and advanced learning methods for a better learning experience. This is also estimated to fuel the global market growth over the next few years.

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These devices are used for delivering content in corporate boardrooms, classrooms, broadcasting studios, professional sports coaching, and training rooms. Major application areas for IWBs include the education, media, entertainment, tourism, and corporate sectors.

Interactive whiteboards are one of the most popular technologies in classroom environments since they allow users to annotate, save, or distribute documents over networks and print images. Students also seek innovative ways of learning using tablets, smartphones, Internet-based teaching modules, interactive whiteboards, etc., in addition to desktop PCs and laptops. Interactive whiteboards make training processes much simpler and easier than using common whiteboards. All these factors are expected to boost the overall growth of this market ata global level.

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The corporate and education sectors are projected to come up as productive markets for industry players. However, lack of awareness and budgetary restraints due to high costs associated with IWBs are some of the factors that may hinder global IWB demand.

In the recent past, Dell Inc. introduced three new IWBs designed for conference rooms, classrooms, and active learning. These are theC7017T, the S560P and S560T, and the Dell Classroom. The C7017T is a 70-inch interactive monitor for conference rooms. It has a large touch screen for collaboration and comes with two included styluses, a 10-point hand touch, and an anti-smudge and anti-glare coated cover glass for better viewing.

S560P and S560T are interactive projectors and serve as an inexpensive substitute to interactive touch displays.They come with plug-and-play connectivity on several devices. Theycan also use existing markers and whiteboards. The Dell Classroom is a Chrome-based software. It is intended to encourage a more individualized engagement between teachers and students in classrooms.

Based on geography, the interactive whiteboard market is divided into Brazil, AsiaPacific (APAC), Europe, North America, and Rest of the World (RoW). The APAC market is anticipated to grow rapidly over the next few years. Rising number of e-learning initiatives in developing nations such as Japan and India has resulted in an increased demand for these systems. The North America region is also expected to witness steady growth as a result of the soaring use of these devices in corporate and education sectors.

Major companies operating in the global market include Turning Technologies,Panasonic Corp.,Hitevision,Julong Educational Technology Co., Ltd., and TRACE Board Technology Co., Ltd.

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Friday, 8 December 2017

Activated Carbon Market is Anticipated to Reach Around 3 Million Tons by 2020

The global activated carbon market is anticipated to reach around 3 million tons by 2020. The market is expected to expand at a healthy CAGR of over 11 % over the forecast period (from 2014 to 2020). Rising concerns about drinking water safety and risingtrend of adopting a healthy lifestyle are expected to drive market demand.

Increasing number of water and wastewater treatment units across the world is expected to boost the growth of the global market. Soaring costs of water and regulatory pressure to recycle are also anticipated to positively affect market growth. Rising use of recycled water for many industrial processes has also augmented the need for activated carbon. However, various environmental factors may limit the availability of raw materials, which can result in rising product prices. This is expected to have a negative impact on the global market.

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A team of experts at the Industrial Research Institute of Shizuoka Prefecture, Japan, is developing a storage battery that utilizes activated charcoal made from coffee grounds. This activated carbon is more environment-friendly than the conventional kind and is equally efficient. Activated charcoal has many microscopic holes and can store electricity when soaked in electrolyte solutions. The wider the surface area and the finer the holes, the more electricity it can hold.

The global activated carbon market is categorized as per product type, application, end use, and region. Based on product type, the market is categorized into Granulated Activated Carbon (GAC), Powdered Activated Carbon (PAC), and others. Growing number of applications in the cement industry and regulatory norms such as the Environmental Protection Agency (EPA) Mercury & Air Toxic Standard (MATS) are projected to propel the demand for PAC.

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Granulated products are expected to exhibit a healthy growth rate from 2014 to 2020. Factors such as size balance, better surface area, and hydraulic headmake GAC a widely preferred product in many end-use industries. Key application areas include vapor and gas absorption and deodorization and component separation in flow systems.

Based on application, the market is segmented into liquid phase and gas phase. The gas phase application segment is projected to have the highest gains by 2020. This can be attributedtoits increasing scope in various end-use industries such as chemical and food andbeverage.

Based on end use, the market is categorized into air purification, water treatment, pharmaceutical andmedical, food andbeverage processing, automotive, and others. The water purification segment led the global market in the past. Strict standards mandating the adoption of efficient and environment-friendly water disposal methods are expected to boost the segment. The air purification segment is also anticipated to witness rapid growth in future. Increasing health concerns and awareness regarding respiratory diseases are key factors responsible for the growth of this segment.

Based on geography, the market is divided into AsiaPacific (APAC), Europe, North America, and Rest of the World (RoW). AsiaPacific dominated the global activated carbon market in the past. The Europe market is estimated to exhibit steady growth due to an expandingwater treatment industry and strict government norms for pollution control in U.K. and Germany.

Major companies operating in the global market include Cabot Norit Corporation; CarboTech AC GmbH; ADA-ES, Inc.; Oxbow Activated Carbon LLC; Calgon Carbon Corporation; and Osaka Gas Chemicals Co., Ltd.

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Monday, 4 December 2017

Inertial Navigation System (INS) Market Flourishing Growth of the Aerospace Sector at 2017 - 2022

Spiraling demand for unmanned underwater vehicles (UUVs) from various sectors, including defense, oil and gas, and scientific research is projected to fuel the demand for inertial navigation systems (INSs). INS uses dead reckoning process to determine the velocity, position, and orientation of a moving object. It is used in navigation applications, wherein accuracy and performance are of high importance. It is extensively used in marine vessels, aircraft, rockets, and other aerial and marine vehicles.

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High Adoption of Navigation Grade to Reflect Positively on Overall INS Sales

Some of the commonly used technologies in inertial navigation systems are mechanical gyro, Micro-Electro-Mechanical Systems (MEMS), ring laser gyro, and fiber optics gyro. Demand for ring laser gyroscopes is anticipated to rise at a significant pace in coming years. New investments in naval and military applications are likely to support the growth of the segment. For instance, the US Navy has recently signed a contract with North up Grumman to upgrade its inertial gyrocompass navigation system for surface ships to AN/WSN-7(V) ring laser gyroscope technology. This new technology will be immune to any enemy electronic countermeasures and therefore, can be crucial for naval navigations in future. MEMS is expected to register remarkable growth in forthcoming years, due to rapid technological advancements.

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Market Insights

Soaring demand for aircraft and missiles, owing to increasing geopolitical instabilities and changing nature of warfare is poised to provide a fillip to the global inertial navigation system (INS) market. Rapid technological advancements in navigation systems and micro-electro-mechanical systems (MEMS) are expected to drive the market. Development of miniaturized INSs at affordable prices can stoke the growth of the market, according to a report added to Radiant Insights, Inc.

On the flip side, operational complexities associated with INSs coupled with the lack of skilled personnel can limit the market from realizing its utmost potential. Nevertheless, introduction of commercial driverless vehicles is estimated to shape the future of the market. North America will register high demand for INSs during the forecast period (2017 to 2022), due to flourishing growth of the aerospace sector.

Some of the key players in the market are Rockwell Collins Inc.; Thales Group; Honeywell International Inc.; Trimble Navigation Ltd.; and Northrop Grumman Corporation.

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Test Preparation Market is Projected to Cross Over CAGR above 5% from 2017-2021

The global test preparation market in the U.S. is estimated to accumulate high revenue by 2021, according to a report on Radiant Insights, Inc. It is projected to expand at a CAGR above 5% from 2017 to 2021 (forecast period). It is expected to expand owing to increasing incorporation of artificial intelligence in tutoring services. Need for private tutoring in the U.S. may invite investments from many companies looking to benefit from this lucrative market.

Test preparations encompass learning tools, educational courses, and tutoring services designed to increase performance of students in exams .Latest online systems are a combination of machine learning technologies that can interact with students without the need of a teacher. They can even identify complex human responses and assess students on the basis of their performance. Major tests that need preparation include American College Testing (ACT), Scholastic Aptitude Test (SAT), and Medical College Admission Test (MCAT).

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Mobile learning (m-learning) is a major trend within the market due to increased penetration of smart phones and laptops. Companies encouraging test preparation are launching mobile-friendly versions of their websites and learning courses to attract a wider consumer base. For instance, Pearson Education has decided to partner with Duo Lingo to help design foreign language courses for university and college students. The gami fication feature is expected to increase test scores and spark interest among students.

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The worldwide test preparation market focusing on the U.S. is segmented by product, learning model, and end user. Products in the market include elementary, high school, certification, university, and other exams. The university exams segment accounted for a majority of the market in 2016. This can be attributed to need for passing of certain tests to gain entry into prestigious universities. Number of international students enrolling for U.S. graduate programs can also attest for this segment’s growth. Low expendable income and high unemployment rates across the U.S. due to the recession in 2008 had impeded market growth. However, numbers are predicted to pick up due to the promise of entry into prestigious universities.

Learning models comprise blended and online. The blended learning model segment had acquired a lion’s share inthe market in 2016. This can be attributed to integration of the blended model in all learning courses to enhance learning prowess of students.

On the basis of end users, the market is bifurcated into K-12 and higher education. Both of these segments are expected to exhibit healthy growth rates in the forthcoming years. The K-12 segment had a market value of more than USD 8 billion in 2016.

Key market players include Kaplan, Inc.; Arbor Bridge; Club Z! In-Home Tutoring Services; The Princeton Review; and Pearson Education. Partnerships and collaborations are strategies used by these players to acquire a major share in the market. Arbor Bridge agreed to a merger with Launch Education Group under a single umbrella group, Arbor Bridge, in 2014. This strategic move is expected to gain the company a larger consumer base and wider exposure.

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