Global power system simulator market was valued at $ 960 million in 2019 and is projected to reach USD 1.38 billion by 2025

derry wae

The MarketWatch News Department was not involved in the creation of this content.


NEW YORK, Sept. 2, 2020 /PRNewswire via COMTEX/ —
NEW YORK, Sept. 2, 2020 /PRNewswire/ —
Global Power System Simulator Market, By Module (Load Flow, Harmonic, Short Circuit, Device Coordination Selectivity, & Others), By Offerings (Software, Hardware & Services), By End-Users (Power, Industrial, & Others), By Region, Competition, Forecast & Opportunities, 2025

Read the full report: https://www.reportlinker.com/p05955442/?utm_source=PRN

Global power system simulator market was valued at $ 960 million in 2019 and is projected to reach USD 1.38 billion by 2025, owing to rising emphasis on power generation through renewable resources and adoption of IoT as well as cloud-based platforms, globally. Power system simulator is a software tool used by various power system engineers to simulate electrical power transmission, generation & distribution for round-the-clock maintenance and is helpful in reducing the overall downtime of the projects.

Furthermore, a

Read More

U.S. Group Verizon and South Korea’s Samsung Electronics Sign $6.65 Billion 5G Deal

derry wae

Verizon Communications, an American multinational telecommunications conglomerate, and South Korean multinational electronics company Samsung Electronics have announced to sign a deal worth $6.65 billion for 5G network equipment and services.

“With this latest long-term strategic contract, we will continue to push the boundaries of 5G innovation to enhance mobile experiences for Verizon’s customers,” Samsung said in a statement, Reuters reported.

Samsung noted in a regulatory filing the period of the contract, which Samsung signed with Verizon, is from June 30, 2020 to end-2025, Reuters added.

Samsung Electronics shares rose over 3% to KRW 58,300 on Tuesday. On the other hand, Verizon’s shares rose 0.12% to $60.55 in after trading hours on Friday and the stock is up about 2% so far this year.

Verizon stock forecast

Eleven analysts forecast the average price in 12 months at $62.30 with a high forecast of $70.00 and a low forecast of $57.00. The

Read More

Structural Health Monitoring Market worth $2.9 billion by 2025

CHICAGO, Sept. 2, 2020 /PRNewswire/ — According to the new market research report Structural Health Monitoring Market with COVID-19 Impact by Technology (Wired, Wireless), Offering (Sensors, Data Acquisition Systems, and Software & Services), Vertical (Civil Infrastructure, Energy, Aerospace), and Geography – Global Forecast to 2025″, published by MarketsandMarkets™, the Structural Health Monitoring Market size is estimated to grow from USD 1.5 billion in 2020 to USD 2.9 billion by 2025, at a CAGR of 14.1% between 2020 and 2025. The major drivers for the market growth are automation and standardization in maintenance & repair of civil infrastructure in the post-COVID-19 period, loss of lives and capital due to catastrophic failure of infrastructure in recent years, increasing capital investments in structural health monitoring across various countries worldwide, stringent government regulations pertaining to the sustainability of structures, aging infrastructure and superior benefits associated with structural health monitoring, and declining

Read More

The global access control market size is projected to grow from USD 8.6 billion in 2020 to USD 12.8 billion by 2025, at a CAGR of 8.2%

NEW YORK, Sept. 1, 2020 /PRNewswire/ –” data-reactid=”12″NEW YORK, Sept. 1, 2020 /PRNewswire/ —

USD 8.6 billion in 2020 to USD 12.8 billion by 2025, at a CAGR of 8.2%. Factors accelerating the growth of the access control market are the increasing number of terrorist attacks and organized crimes across the world, growing awareness regarding home security systems, ongoing technological advancements and rising deployment of wireless security systems, and increasing adoption of IoT-based security systems with cloud computing platforms. Continued adoption of Access Control as a Service (ACaaS), gradual implementation of mobile-based access control, rapid urbanization in emerging countries, and global proliferation of smart cities initiatives provide lucrative opportunities to the access control market.

Read the full report: https://www.reportlinker.com/p05061078/?utm_source=PRN

Card-based readers are expected to lead access control hardware market during the forecast period”
Card-based readers are

Read More

Singapore’s GIC, Brookfield Infrastructure buy Indian telecom towers for US$3.4 billion

SINGAPORE: GIC, Singapore’s sovereign wealth fund, said on Tuesday (Sep 1) it and a group of investors, including Brookfield Infrastructure Partners LP, bought an Indian telecom tower company from a unit of Reliance Industries for US$3.4 billion.

The investment by the group is for around 135,000 communication towers used by Reliance’s telecoms venture Jio Infocomm, GIC said in a statement. 

The deal was signed in December last year and had been awaiting regulatory approval.

Since then, Mukesh Ambani-controlled Reliance has been selling stakes in its digital unit to blue-chip companies, raising billions of dollars, to cut debt.

The finalisation of the deal also marks a foray into the fast-growing telecom market in India, which, in recent years, has been upended by the launch of Jio, Reliance’s telecom arm, whose cut-price packages have turned it into the country’s biggest telecom carrier by subscribers.

With the number of people using

Read More

At 9.5% CAGR, Communication Test Equipment Market to Reach USD 12.14 Billion by 2025 | Application Analysis And Product Demand

The MarketWatch News Department was not involved in the creation of this content.

Aug 28, 2020 (Heraldkeepers) —
Communication Test Equipment Market is valued at USD 6.43 Billion in 2018 and expected to reach USD 12.14 Billion by 2025 with the CAGR of 9.5% over the forecast period.

Increase in demand of internet users with digitalization to connect the world, surge in mobile traffic and rise in the use of internet in every sector including aerospace & defense, healthcare, automobile and many others are some important factor driving the growth of communication test equipment market.

In its latest report on Communication Test Equipment Market provides a concise analysis on the recent market trends. The report further includes statistics, market forecasts and revenue estimations, that in addition highlights its status in the competitive domain as well as expansion trends adopted by major industry players.

Get Sample Copy of This Premium Report

Read More

Virtual Reality Market is expected to reach USD 20.9 billion by 2025 with COVID-19 Impact Analysis

PUNE, India, Aug. 27, 2020 /PRNewswire/ —  ReportsnReports.com added a new Virtual Reality Market with COVID-19 Impact Analysis by Offering (Hardware and Software), Technology, Device Type (Head-Mounted Display, Gesture-Tracking Device), Application (Consumer, Commercial, Enterprise, Healthcare) and Geography – Global Forecast to 2025 Research report to its online database.” data-reactid=”12″PUNE, India, Aug. 27, 2020 /PRNewswire/ —  ReportsnReports.com added a new Virtual Reality Market with COVID-19 Impact Analysis by Offering (Hardware and Software), Technology, Device Type (Head-Mounted Display, Gesture-Tracking Device), Application (Consumer, Commercial, Enterprise, Healthcare) and Geography – Global Forecast to 2025 Research report to its online database.

Virtual Reality Market was valued at USD 6.1 billion in 2020 and is expected to reach USD 20.9 billion by 2025, at a CAGR of 27.9% from 2020 to 2025. Factors such as penetration

Read More

Telecom Electronic Manufacturing Service Market to Reach $209.17 Billion by 2027: AMR

Growing demand for EMS technology in telecom sector across the globe drives the growth of the global telecom electronic manufacturing service market. Asia-Pacific contributed the highest share in 2019, and will maintain its dominance throughout the forecast period. Major telecom electronic manufactrurers across the globe have halted their production activities due to disrupted supply of raw materials from suppliers located in China amid lockdown due to Covid-19 pandemic.

Portland, OR, Aug. 26, 2020 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global telecom electronic manufacturing service market generated $137.37 billion in 2019, and is estimated to reach $209.17 billion by 2027, registering a CAGR of 6.5% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.

Rising demand for EMS technology in the telecom sector and government initiatives such as “Make

Read More

A $39.19 Billion Opportunity Assessment

DUBLIN, Aug. 26, 2020 /PRNewswire/ — The “Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market by Component (Platform, Services and Hardware), Location Type (Indoor and Outdoor), Application, Vertical, Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The global LBS and RTLS market is expected to grow from USD 17,776 million in 2020 to USD 39,190 million by 2025, at a CAGR of 17.1% during the forecast period.

Various applications of geospatial data to drive the LBS and RTLS market growth

Generally, spatial data represents the location, size, and shape of objects present on Earth, such as buildings, lakes, mountains, or townships. It is considered that spatial data and analysis is extremely essential for companies to understand changing business trends and challenges across regions, which significantly drives the market growth. The processing time in decision-making is often long, leading to flawed assumptions, which limits

Read More

Global Medical Device Connectivity Market Is Expected to Reach USD 8.76 Billion by 2027 : Fior Markets

Newark, NJ, Aug. 25, 2020 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global medical device connectivity market is expected to grow from USD 1.63 billion in 2019 and to reach USD 8.76 billion by 2027, growing at a CAGR of 23.4% during the forecast period 2020-2027.

The growing rate of infiltration of the services in digital devices is expected to drive the market growth of medical device connectivity. The ever increasing healthcare infrastructure in many regions has to lead to the advancement of medical devices. Hence, the medical devices’ connectivity market is growing in these regions owing to the improved efficiency of the working of medical devices.

Medical device connectivity has helped in the minimization of errors, which was caused by human labor. These product helps to form a connection between the medical devices with the help of a central network. Further, it helps in

Read More