Market outlook of the CMOS camera module market
Technavio’s research analyst predicts the global CMOS camera module market to grow steadily at a CAGR of 18% during the forecast period. The increased use of CMOS image sensors has increased the adoption of CMOS camera modules. Cameras have become a standard feature in mobile devices, and the camera technology is constantly improving. Technavio expects multiple wearables to integrate cameras, which will further boost the market growth.
The increasing adoption of smartphones and tablets in emerging economies is a major growth driver for this market. Many new smartphone and tablet manufacturers have emerged in countries such as China and India, manufacturing low-cost devices. These new vendors are experiencing growth in the market, which has in turn, created demand for camera modules. The automotive sector is also incorporating camera modules for safety applications. This feature was initially available only in top-end cars, but automobile manufacturers have started incorporating this feature into all their products, which is increasing demand for CMOS camera modules.
Application segmentation of the CMOS camera module market
- Consumer electronics
- Others (healthcare, security systems, and 3D imaging)
The consumer electronics segment dominated the market in 2015 with a market share of 82%. Large adoption of mobile devices such as smartphones and tablets and the constant demand for such devices from emerging economies has continued to increase demand for CMOS camera modules.
Geographical segmentation of the CMOS camera module market
APAC accounted for 45% of the market share
Market outlook of the document scanner market
Technavio’s research analyst predicts the global document scanner market to grow at a CAGR of 14% during the forecast period. The growing need to scan large quantities of complex documents automatically will increase the demand for document scanners. The increasing use of the portable scanner that can be connected to the computing devices drives the document scanner market. Portable document scanners are in high demand for their flexibility. Many SMEs prefer portable document scanners for its cost benefits as against conventional document scanners.
The lower price of alternatives such as multi-function peripherals or printers (MFPs) can hinder the market growth for the document scanners. The growing usage of MFPs, which can perform multiple functions like printing, faxing, scanning, and photocopying is a challenge for this market.
Product segmentation of the document scanner market
The hardware segment dominated the market during 2015 with a market share of 60% in terms of revenue. However, the software segment is gaining more importance since enterprises are demanding customized workflow system in relation to document scanners. Technavio expects the software segment to contribute significantly and surpass hardware segment’s share by the end of the forecast period.
Geographical segmentation of the document scanner market
The Americas accounted for 41% of the market share during 2015 and is expected to grow at a CAGR of 14% during the forecast period. One of the key reasons was the high adoption of document scanners in different sectors such as banking, enterprise, education, and government.
Outlook of the global WLAN market
Technavio’s market research analyst predicts the global WLAN market to grow at an impressive CAGR of around 14% during the forecast period. The emergence of the 802.11ac Wave 2 wireless specification is the primary growth driver for this market. 802.11ac Wave 2 specification utilizes the multi-user multiple input/multiple output (MU-MIMO) technology and has a theoretical maximum wireless speed of up to 6.9 Gbps. The higher bandwidth and MIMO technology of 802.11ac Wave 2 specification will compel enterprises to upgrade their Wi-Fi networks with Wave 2, 802.11ac.
The recent increase in number of connected devices like mobile computing devices (smartphones, tablets, and PCs), media players (smart set-top boxes, smart TVs, and gaming consoles), wearables (smart watches, smart bands, smart glasses, and smart clothing), and smart home appliances are expected to boost the prospects for market growth during the forecast period. Currently, Wi-Fi is the leading wireless technology for connected devices as it supports content-rich applications such as audio, video, gaming, and the Internet. The advent of new Wi-Fi standards like 802.11ac have also allowed enterprises to address the need for connecting products such as gateways, home appliances, and entertainment systems for smart homes, sensors, and STBs with a common wireless standard that provides interoperability with the widest range of smart devices.
Technological segmentation of the WLAN market
The 802.11n technology standard-based WLAN device segment dominated this market and accounted for a market share of approximately 61% during 2015. In terms of unit shipments, this technology segment dominated the market in 2015 as it includes devices like APs, routers, and
Global outlook of the stick PC market
Technavio’s market research analysts have predicted that the global stick PC market will grow steadily during the predicted period and post a CAGR of almost 7% by 2020. Though the features and functionalities of stick PCs are limited as compared to laptops, the stick PCs are priced at a comparatively lower cost compared to laptops or personal computers. Stick PCs allow the user to carry a computer, which can be used to access data on devices such as TVs having HDMI ports and laptops. They can also be used with projectors and interactive flat panels. The stick PC market is still in its initial stages, and the level of competition among the vendors is low. As a result, the price wars are negligible, and the reducing average selling price will not have any influence on driving the product volumes. The low cost of stick PCs will drive the volumes, which, in turn, will help manufacturers scale the production and reduce costs.
The increased adoption of stick PCs will lead to the progressive development of digital content. The implementation of online and blended learning methods has led to the increased adoption of advanced technologies to aid content development. The usage of learning management systems (LMSs) and learning content management systems (LCMSs) has enabled the faster development of content. Moreover, learning management system vendors are constantly increasing their R&D investments to upgrade their education systems. This has resulted in the advent of cloud-based learning management systems, which can be accessed through stick PCs from remote locations.
Competitive landscape and key vendors
The market is characterized by the presence of only a few vendors but is expected to witness the entry of several new vendors in the next four years. These new vendors
Overview of the printer supplies market
The global printer supplies market is envisaged to witness slow growth and will reach a market value of more than USD 33 billion by 2020. The increasing demand for inkjet and wireless printers is one of the primary factors driving the growth of this market globally. The recent technological advances in the inkjet printing technology, including the invention of UV-curable inkjet printers, have resulted in greater speed, lower production costs, and a wider range of applications. Moreover, these technological innovations have made inkjet printers highly suitable for industrial scale production, particularly when buying criteria such as quality, cost, and durability is concerned. Also, the increasing demand for PCs and laptops in offices has a direct impact on the demand for printers. The introduction of cloud-based wireless printers allows sharing of printers on a network as well as integration with cloud systems, leading to its augmented adoption in the coming years.
In this industry research report, the analysts have deduced factors such as the growing demand for digital printing to impel this market’s growth prospects over the next four years. The rapid replacement of traditional printing methods with digital printing is anticipated to contribute to this market’s growth over the predicted period. In digital printing, there is no need to replace printing plates while plates have to be repeatedly replaced in traditional printing methods. Therefore, digital printing has several advantages such as quicker turnaround time and lower cost and provides customers with more flexibility, greater inventory turnover, and higher profitability.
Segmentation by type of sales and analysis of the printer supplies market
During 2015, the OEM segment dominated the market and accounted for more than 82% of
Overview of the global production printer market
Technavio’s market research analysts have estimated that the global production printer market will grow steadily at a CAGR of almost 2% by 2020. The rise in demand for high-speed inkjet production printing is considered to be one of the primary growth drivers for this market. High-speed inkjet printing is becoming a mainstream technology for printing transactional documents and due to the rise in POD (print on demand) services, book publishers are also shifting towards digital printing technology. Since high-speed ink jet printers use water-based inks, publishers can retain the same quality as that of the four color offset printed A4 page at a much reduced printing weight. Moreover, high-speed inkjet printers are faster and offer higher efficiency that increases the demand for this market among publishers.
Though offset printing is more economical, digital printing technology is more reliable and offer increased productivity that makes them cost-effective over higher print runs. Also, digital printers do not require a film and plate making process that aids in printing quickly, which reduces turnaround time. As a result, printing presses are using a combination of both the technologies to optimize output and minimize unit costs. This market study identifies this rise in demand for digital production printing as one of the primary trends that will gain traction in this market during the forecast period.
Segmentation by product type and analysis of the production printer market
- Offset printing
- Digital printing
During 2015, the offset printing segment dominated the production printer market and accounted for almost 82% of the total market share. This industry study report envisages that due to benefits such as shorter run lengths and faster turnaround time, the market share of digital printing
Since the desktop PC, there has been a slew of devices that have been introduced into the market, from smartphones to laptops to tablets. One by one, these devices have revolutionized the way individuals work. They have created a more mobile workforce, creating more global businesses.