Smart Dust Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
Albany, NY -- (SBWIRE) -- 11/19/2018 -- The current ultramodern technologies are prominently focusing on miniaturization and automation. The increased connectivity, decreasing computing device size, and increasing communication with the physical world have characterized computing's history. Recently, the popularity of small computing devices, such as cell phones and hand held computers, diminishing size and cost of sensors, rapidly flourishing internet group and decreasing size of transistors have mainly accelerated technological developments. The emergence of small computing elements, with increased interaction with the environment and sporadic connectivity provides enriched opportunities to reshape interactions between computers and people and spur the ubiquitous computing researches.
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Smart Dust devices are nothing but small wireless microelectromechanical sensors (MEMS) that can detect everything from vibrations to light. Smart dust device is of tiny dust size with enhanced extraordinary capabilities. It consists of nano-structured silicon sensor which can spontaneously orient sense, assemble and report on the local environment it is present in. This new technology combines computing, sensing, autonomous power supply and wireless communication capabilities within the distance of only a few millimeters. It is very hard to detect the presence of the Smart Dust and it is even harder to get rid of them once deployed. Smart Dust are useful in monitoring and processing the real world phenomenon without disturbing the environment. These smart dust devices are proposed to be so light in weight and small in size that they can remain suspended in the environment like an ordinary dust particle. These properties of Smart Dust will render it useful in monitoring real world phenomenon without disturbing the original process to an observable extends.
The demand for related information and the innovation of advanced technologies such as are further estimated to support the growth of smart dust market over the forecast period. The high efficiency of devices along with the elimination of technical support staff accompanied with these technologies are estimated to propel the smart dust market growth. High implementation cost may act as a challenge to the market. Moreover, one of the major disadvantages of Smart Dust is the privacy issue for organizations using it.
Global Smart Dust Market has been segmented on the basis of its end-user industry, enterprise size and region. On the basis of end-user industry market can be segmented such as Banking Financial services and Insurance (BFSI), Healthcare, Government, Commercial, retail sector and other. Government sector is expected to remain one of the leading end-use industry in the global smart dust market over the next coming years. Increasing application areas in military sector such as monitoring activities in inaccessible areas, accompany soldiers and alert them to any poisons or dangerous biological substances in the air are the is the prominent growth factor of the segment. The commercial and healthcare sector are predicted to grow at a considerable rate attributing to the increasing over the forecast period. Other end-use industries include aerospace and media and entertainment
Based on the enterprise size the global market can be segmented as large size enterprises and Small and Middle size enterprises (SME's). Region wise, global smart dust discovery market is segmented into North America, South America, Europe, Asia Pacific (APAC) and Middle East and Africa (MEA). North America is estimated to be the major regional market over the coming years, mainly attributing to the presence of the technological advancements and major industry participants. Moreover, the convergence of enterprise information systems security and solutions may provide new means for the growth in North America. Asia Pacific is predicted to grow significantly on account of the growing information and technology industry in countries such as Japan, India, China, Philippines and the South Korea.
The key vendors in the global smart dust market are are IBM Corp, Hitachi, BetaBatt, Inc., Smartdust Solutions Ltd. and Crossbow Technology, Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry's value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market