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  • How Is High Flexible Electronics Demand Boosting Printed Electronics Market Growth?

    Factors such as the burgeoning demand for flexible electronics and increasing organic light-emitting diode (OLED) production through inkjet printing technology will drive the printed electronics market at a CAGR of 22.4% during the forecast period (2020–2030). According to P&S Intelligence, the market was valued at $35.7 billion in 2019 and it is projected to generate $363.1 billion revenue by 2030. In recent years, the increasing shift from conventional to digital printing has become a key market trend.

    The accelerating demand for flexible electronics is a prominent growth driver for the market across the world. Integrated circuits (ICs) are deployed on flexible substrates, such as metal or plastic, of electronics to convert them into flexible electronics. The integration of ICs on flexible substrates does not impact the function of such electronics. For instance, in June 2019, E Ink Holdings Inc. collaborated with Plastic Logic HK to use organic field-effect transistor (OTFT) technology for producing flexible electronic paper displays for wearables.

    Nowadays, the surging preference for digital printing over conventional printing, primarily on account of the growing environmental concerns, has become a prominent trend in the printed electronics market. Conventional printing involves the usage of volatile organic compound (VOC)-based products, such as chromium, lead, mercury, cadmium, paint strippers, and aerosol sprays, which massively contribute to the escalating water and soil pollution levels. Whereas, digital printing is highly eco-friendly, as it includes the use of less harmful chemicals and mild solvents, as compared to the ones used in conventional printing technologies, such as solid ink printing and offset printing.

    At present, the printed electronics market is extensively competitive, due to the presence of a large number of regional and global players worldwide. The leading players in the market, such as Ynvisible Interactive Inc., E Ink Holdings Inc., Thin Film Electronics ASA, NovaCentrix Corp., Agfa-Gevaert N.V., Nissha Co. Ltd., BASF SE, Xerox Corporation, and DuPont de Nemours Inc. are currently focusing on partnerships and mergers and acquisitions to expand their geographical presence.

    The component segment of the printed electronics market is bifurcated into printer and material. Of these, the printer category generated the higher revenue in 2019, due to the mushrooming demand for inkjet and screen printers for photovoltaic (PV) and display applications in countries such as China, Germany, Brazil, the U.A.E., and the U.S. Whereas, the material category is expected to demonstrate the faster growth during the forecast period, due to the increasing use of inks and substrates in the fabrication of printed electronic circuits, which are being increasingly used in PV cells, displays, and RFID tags.

    Geographically, Asia-Pacific (APAC) accounted for the largest share in the printed electronics market in 2019, and it is also expected to witness the fastest growth throughout the forecast period. This is attributed to the burgeoning demand for robust and flexible substrates for printed electronic circuits and rising penetration of the internet of things (IoT) technology in the region. Additionally, the low manufacturing cost and continuous developments in digital printing technology will also facilitate the market growth in the region in the coming years.

    Therefore, the mounting demand for flexible electronics and rising preference for digital printing will augment the market growth in the forthcoming years.

    Read More: https://www.psmarketresearch.com/market-analysis/printed-electronics-market
    How Is High Flexible Electronics Demand Boosting Printed Electronics Market Growth? Factors such as the burgeoning demand for flexible electronics and increasing organic light-emitting diode (OLED) production through inkjet printing technology will drive the printed electronics market at a CAGR of 22.4% during the forecast period (2020–2030). According to P&S Intelligence, the market was valued at $35.7 billion in 2019 and it is projected to generate $363.1 billion revenue by 2030. In recent years, the increasing shift from conventional to digital printing has become a key market trend. The accelerating demand for flexible electronics is a prominent growth driver for the market across the world. Integrated circuits (ICs) are deployed on flexible substrates, such as metal or plastic, of electronics to convert them into flexible electronics. The integration of ICs on flexible substrates does not impact the function of such electronics. For instance, in June 2019, E Ink Holdings Inc. collaborated with Plastic Logic HK to use organic field-effect transistor (OTFT) technology for producing flexible electronic paper displays for wearables. Nowadays, the surging preference for digital printing over conventional printing, primarily on account of the growing environmental concerns, has become a prominent trend in the printed electronics market. Conventional printing involves the usage of volatile organic compound (VOC)-based products, such as chromium, lead, mercury, cadmium, paint strippers, and aerosol sprays, which massively contribute to the escalating water and soil pollution levels. Whereas, digital printing is highly eco-friendly, as it includes the use of less harmful chemicals and mild solvents, as compared to the ones used in conventional printing technologies, such as solid ink printing and offset printing. At present, the printed electronics market is extensively competitive, due to the presence of a large number of regional and global players worldwide. The leading players in the market, such as Ynvisible Interactive Inc., E Ink Holdings Inc., Thin Film Electronics ASA, NovaCentrix Corp., Agfa-Gevaert N.V., Nissha Co. Ltd., BASF SE, Xerox Corporation, and DuPont de Nemours Inc. are currently focusing on partnerships and mergers and acquisitions to expand their geographical presence. The component segment of the printed electronics market is bifurcated into printer and material. Of these, the printer category generated the higher revenue in 2019, due to the mushrooming demand for inkjet and screen printers for photovoltaic (PV) and display applications in countries such as China, Germany, Brazil, the U.A.E., and the U.S. Whereas, the material category is expected to demonstrate the faster growth during the forecast period, due to the increasing use of inks and substrates in the fabrication of printed electronic circuits, which are being increasingly used in PV cells, displays, and RFID tags. Geographically, Asia-Pacific (APAC) accounted for the largest share in the printed electronics market in 2019, and it is also expected to witness the fastest growth throughout the forecast period. This is attributed to the burgeoning demand for robust and flexible substrates for printed electronic circuits and rising penetration of the internet of things (IoT) technology in the region. Additionally, the low manufacturing cost and continuous developments in digital printing technology will also facilitate the market growth in the region in the coming years. Therefore, the mounting demand for flexible electronics and rising preference for digital printing will augment the market growth in the forthcoming years. Read More: https://www.psmarketresearch.com/market-analysis/printed-electronics-market
    WWW.PSMARKETRESEARCH.COM
    Printed Electronics Market | Global Forecast Report, 2030
    Printed electronics market is forecasted to witness a CAGR of 22.4% during till 2030, according to P&S Intelligence
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  • How Is 5G Adoption Boosting Data Center Infrastructure Management Demand?

    Data center strategy needs to be planned in such a manner that the systems never malfunction in any circumstance. As a result, data center managers are opting for data center infrastructure management (DCIM) solutions as they offer insights and visibility by monitoring different parameters, such as the performance of data center computers and servers, network operations, and security uptime, and resolving network issues as they arise. Owing to these advantages, DCIM solutions are being increasingly adopted by organizations for improving their decision-making process and by data centers for enhancing their uptime with better energy services.

    The surging use of such solutions can be credited to the increasing deployment of 5G network, which enables smooth movement of data between locations. This novel communication technology will offer support for extensive machine-to-machine communications, with around 100,000 connections per square kilometer. 5G also plays a significant role in establishing smart cities, which generate a huge volume of data that needs to be managed efficiently. Thus, the rising penetration of the 5G network, will steer the data center infrastructure management market growth during 2021–2030. According to P&S Intelligence, the market reached $1,425.6 million revenue in 2020.

    At present, DCIM solutions offered by Panduit Corporation, Infosys Ltd., ABB Ltd., IBM Corporation, Huawei Technologies Co. Ltd., Modius Inc., CommScope Inc., Nlyte Software, Delta Electronics Inc., NTT DATA Corporation, Hewlett-Packard Enterprise, Raritan Inc., and Cisco Systems Inc. are mostly used for asset management application. In recent years, information technology (IT) asset management has become very difficult due to the surging complexities of the systems. Many small organizations use paper and pen and spreadsheet-based solutions to track their IT assets, which cannot deal with the accelerating pace of IT infrastructure development.

    Currently, DCIM solution proving companies are mostly focusing on product development and launches to cater to the evolving needs of customers. For instance, in March 2020, ABB Ltd. introduced MegaFlex, a compact and resilient uninterruptible power supply (UPS) system, for continuous data center operations. This system was introduced to meet the burgeoning demand for infrastructure as a service (IaaS) and software as a service (SaaS) applications in business organizations, owing to which, data centers have become extensively crucial.

    Such novel products are being utilized by the banking, financial services, and insurance (BFSI), manufacturing, telecommunications, government and public sector, healthcare and life sciences, and IT and information technology-enabled services (ITeS) sectors for managing their data centers. All these sectors prefer on-premises solutions over the cloud-enabled ones, as monitoring data on infrastructure availability, humidity, power consumption, temperature, airflow, and other aspects has become very important, which can be efficiently done through such solutions.

    In the coming years, the Asia-Pacific (APAC) data center infrastructure management market will record the fastest sales of DCIM solutions, due to the accelerating adoption rate of advanced digital technologies, such as the internet of things (IoT) and machine learning, in Japan, China, and India. Moreover, the mounting investments being made in infrastructure development in these countries and escalating interest of regional governments on developing data centers will fuel the adoption of DCIM solutions in the region in the foreseeable future.

    Thus, the growing penetration of 5G network and soaring need for managing high volumes of data generated by several end-use industries will augment the need for DCIM solutions in the forthcoming years.

    Read More: https://www.psmarketresearch.com/market-analysis/data-center-infrastructure-management-dcim-market
    How Is 5G Adoption Boosting Data Center Infrastructure Management Demand? Data center strategy needs to be planned in such a manner that the systems never malfunction in any circumstance. As a result, data center managers are opting for data center infrastructure management (DCIM) solutions as they offer insights and visibility by monitoring different parameters, such as the performance of data center computers and servers, network operations, and security uptime, and resolving network issues as they arise. Owing to these advantages, DCIM solutions are being increasingly adopted by organizations for improving their decision-making process and by data centers for enhancing their uptime with better energy services. The surging use of such solutions can be credited to the increasing deployment of 5G network, which enables smooth movement of data between locations. This novel communication technology will offer support for extensive machine-to-machine communications, with around 100,000 connections per square kilometer. 5G also plays a significant role in establishing smart cities, which generate a huge volume of data that needs to be managed efficiently. Thus, the rising penetration of the 5G network, will steer the data center infrastructure management market growth during 2021–2030. According to P&S Intelligence, the market reached $1,425.6 million revenue in 2020. At present, DCIM solutions offered by Panduit Corporation, Infosys Ltd., ABB Ltd., IBM Corporation, Huawei Technologies Co. Ltd., Modius Inc., CommScope Inc., Nlyte Software, Delta Electronics Inc., NTT DATA Corporation, Hewlett-Packard Enterprise, Raritan Inc., and Cisco Systems Inc. are mostly used for asset management application. In recent years, information technology (IT) asset management has become very difficult due to the surging complexities of the systems. Many small organizations use paper and pen and spreadsheet-based solutions to track their IT assets, which cannot deal with the accelerating pace of IT infrastructure development. Currently, DCIM solution proving companies are mostly focusing on product development and launches to cater to the evolving needs of customers. For instance, in March 2020, ABB Ltd. introduced MegaFlex, a compact and resilient uninterruptible power supply (UPS) system, for continuous data center operations. This system was introduced to meet the burgeoning demand for infrastructure as a service (IaaS) and software as a service (SaaS) applications in business organizations, owing to which, data centers have become extensively crucial. Such novel products are being utilized by the banking, financial services, and insurance (BFSI), manufacturing, telecommunications, government and public sector, healthcare and life sciences, and IT and information technology-enabled services (ITeS) sectors for managing their data centers. All these sectors prefer on-premises solutions over the cloud-enabled ones, as monitoring data on infrastructure availability, humidity, power consumption, temperature, airflow, and other aspects has become very important, which can be efficiently done through such solutions. In the coming years, the Asia-Pacific (APAC) data center infrastructure management market will record the fastest sales of DCIM solutions, due to the accelerating adoption rate of advanced digital technologies, such as the internet of things (IoT) and machine learning, in Japan, China, and India. Moreover, the mounting investments being made in infrastructure development in these countries and escalating interest of regional governments on developing data centers will fuel the adoption of DCIM solutions in the region in the foreseeable future. Thus, the growing penetration of 5G network and soaring need for managing high volumes of data generated by several end-use industries will augment the need for DCIM solutions in the forthcoming years. Read More: https://www.psmarketresearch.com/market-analysis/data-center-infrastructure-management-dcim-market
    WWW.PSMARKETRESEARCH.COM
    Data Center Infrastructure Management Market | DCIM Industry, 2030
    The global data center infrastructure management market valued ~$1.5 billion in 2020 and is expected to witness rapid growth in between 2021-30. The increasing deployment of the 5G network is a major trend of the DCIM industry.
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